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The legal Maryland sports betting industry is expanding quickly. To compete in a crowded space, betting sites, like FanDuel, DraftKings, and Caesars, are marketing generous MD sports betting promos and sign-up offers to new players. Below, we’ve identified the top Maryland sportsbook promos and bonuses available, ranking the five best betting offers in the state.  

Top Maryland sportsbook promos

#1

Bet $5, Win $150 in Bonus Bets

Features

  • Top-tier app experience.
  • Same Game Parlays and SGP+.
  • Extensive promos and odds boosts.

FanDuel Review

FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.

Features

#2

$1,000 First Bet on Caesars

Features

  • Earn Caesars Rewards from betting activity.
  • Live streaming of NFL games.
  • User-friendly mobile app.
Bet Now

Caesars Review

Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.

Features

#3

Bet $100, Get $100 (x10 Days)

Features

  • Live in 12 states
  • Extremely powerful brand history and recognition
  • FanCash reward system is great for sports fans

Fanatics Sportsbook Review

Fanatics Sportsbook has launched its app in a dozen states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.

Features

#4

No Sweat First Bet up to $1,000

Features

  • Lots of promos and odds boosts.
  • Wide range of sports and bet types.
  • Seamless integration with DFS.

DraftKings Review

DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd. However, their reputation has dwindled as outspoken CEO Jason Robins leads the charge of the anti-profitable bettor mentality that runs rampant amongst sportsbooks that are quick to limit winning players.

Features

#5

Up to a $500 Second Chance Bet

Features

  • Competitive odds across all markets.
  • Live betting section is well organized.
  • Earn iRush Rewards from betting activity.
Bet Now

BetRivers Review

With its solid lines and user-friendly promos, adding BetRivers to your sportsbook rotation makers a lot of sense.

Features

#6

Bet $5, Get $150 in Bonus Bets

Features

  • Some of the best live-betting odds.
  • Casino Operator of the Year in 2021 and 2022.
  • Earn MGM Rewards from betting activity.
Bet Now

BetMGM Review

BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.

Features

Affiliate Disclosure: Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site.

21+. Gambling can be addictive, please play responsibly

Maryland sportsbook promos quick facts

🚀 MD apps launch dateNovember 2022
🎂 Legal betting age21+
🏆 Best MD bonusFanDuel
📱 Sports betting apps12
🏆 Most lucrative MD bonusUp to $1,000 first bet on Caesars
Remote registrationYes
🎰 Online casinosTBD
🃏  Online pokerTBD
☎️ MD problem gambling hotline1-800-GAMBLER
ℹ️ Gambling addiction counselingYes
🔔 MD regulatorMaryland Lottery & Gaming Control Agency

All Maryland sportsbook promo codes and bonuses

With mobile sports betting launching in November 2022, Maryland is still in the early innings of developing a deep roster of the best sportsbooks and sports betting apps. Seven operators went live with their products at launch, with Betfred joining in February 2023, SuperBook in April 2023, and Fanatics in June 2023. Several more online sportsbooks, including Bally Bet, are set to launch in the near future.

With up to 60 online sportsbook licenses available in Maryland, competition will be fierce in the coming years. The 12 operators currently active in the state will need to continue delivering top-notch welcome bonus promotions to stand out. 

Here are three of the best sportsbook promos for those looking to garner a potentially massive payday:

Only four sportsbooks — BetMGMBetRiversCaesars, and SuperBook — require promo codes to unlock Maryland betting promos for new users. Here is a list of Maryland sportsbook promo codes and bonuses:

Maryland sportsbook 🏆Promo code ✅Welcome bonus💰
BetMGMSBRBONUSBet $5, get $150 in bonus bets
BetRiversSBRBONUSUp to a $500 bonus bet
CaesarsSBRBONUS1000Up to $1,000 first bet on Caesars
SuperBookSUPERBOOK$250 first bet match
Bally BetTBDTBD
BetfredNo code necessary$105 on Fred
betPARXNo code necessaryBet $10, win $125
Crab SportsNo code necessaryUp to $410 deposit match
DraftKingsNo code necessaryUp to $1,000 No Sweat first bet
ESPN BETNo code necessaryGet $100 in bonus bets
Fanatics SportsbookNo code necessaryBet $100, get $100 in bonus bets (x10 days)
FanDuelNo code necessaryBet $5, win $150 in bonus bets

1. DraftKings MD welcome offer 👑

For our money, DraftKings continues to offer the top Maryland sportsbook bonus for first-time bettors. Registering a new account with the sportsbook means you’re eligible for a No Sweat first bet of up to $1,000. No DraftKings promo code is necessary, either.

  • After signing up with DraftKings, you must make a minimum deposit of $5.
  • Choose any sports betting market and make a first wager of at least $1.
  • If your bet loses, you'll be reimbursed via a bonus bet, up to $1,000 max.
  • Bonus bet cannot be cashed out or split into smaller pieces.
  • The bonus bet has a lifespan of seven days and will expire if unused.
  • This DraftKings MD promo will end on Mar. 17, 2024.

For more expert insights, check out our detailed DraftKings review.

DraftKings promo pros and cons

ProsCons
✔️ Only a $1 initial wager required❌ First bet must lose to qualify
✔️ High maximum value❌ Expires quickly
✔️ Terms and conditions easily accessible on app

What does the DraftKings sign-up promo mean for you?

This DraftKings promo is a simple first-bet insurance deal. That means your initial DK wager is protected against a loss since the sportsbook will credit your account with a bonus bet in the same amount as your first bet if it loses, up to $1,000.

How much money can you earn with the DraftKings sign-up promo?

Your total potential profits depend on a few factors. First, remember that you only earn a bonus bet if your first real-money wager on DraftKings loses. You can only use that bonus bet to make an additional bet, so it's not a true refund. If you win the pick made with your bonus bet, it only pays out the profit and does not include the bonus stake amount. So depending on the odds you choose, you could win the bonus bet and still be down money.

Why DraftKings’ bonus is better than the others

It's increasingly rare to find a sportsbook welcome promotion that reaches the $1,000 mark, regardless of the terms and conditions on how to claim it. For that reason alone, DK's high maximum bonus value makes it a welcome offer that should interest you. 

Screenshots of the DraftKings Sportsbook iOS app.
DraftKings iOS app

2. Caesars MD welcome offer 🏛

Caesars Sportsbook Maryland offers new players up to $1,000 first bet on Caesars. You’ll need to enter the Caesars Sportsbook promo code — SBRBONUS1000 — during registration to claim the offer.

  • After creating a new account, you must make a minimum first deposit of $10.
  • You initial bet must come within 30 days of registration.
  • If your first bet loses, Caesars will refund your stake, up to $1,000, as a bonus bet.
  • The single bonus bet you receive cannot be split up and must be used on one wager. It will appear in your account within two days of your initial bet settling.
  • You must use your bonus bet within 14 days of receipt, or it will expire.

If you’re craving even more information, dig into our Caesars review.

Caesars Sportsbook promo pros and cons

ProsCons
✔️ High-value bonus❌ First bet must lose
✔️ $10 minimum deposit❌ Short expiration window
✔️ Great for experienced bettors❌ Cannot withdraw bet credits as cash

What does the Caesars sign-up promo mean for you?

The Caesars MD welcome offer provides a safety net on your first bet, up to $1,000. Bettors aiming for a big early payday will find this promo enticing, as they can afford to be riskier with their initial wager knowing they'll receive a refund should they lose.

How much money can you earn with the Caesars sign-up promo?

You can use the bet credit earned from the Caesars Maryland welcome offer to either wager on a favorite — the safe play — or an underdog — the more lucrative option. The path you choose — and the amount of money you can make — depends entirely on your comfort level.

Why Caesars’ bonus is better than the others

Caesars’ bonus has the edge over many other online sportsbooks’ welcome offers because it provides a higher maximum value than you can find most anywhere else.

Screenshot of Caesars Sportsbook for Android. 
Caesars Android App

3. FanDuel MD welcome offer 🔵

FanDuel likes to rotate welcome bonus offers in and out. So, keeping tabs on its active Maryland sports betting promos is wise. Currently, new players can redeem a bet $5, win $150 welcome offer.

  • You don’t need a FanDuel promo code to claim the sign-up offer, but you do need to download the sportsbook’s mobile app.
  • A minimum deposit of $10 is required following registration.
  • Make a $5 bet on any available market, with any odds.
  • If that bet wins, FanDuel will credit your account with $150 in bonus bets.
  • If your bet loses, you'll earn no bonus bets.
  • The bonus bets will expire seven days after receiving them if unused.

Read our thorough FanDuel review to discover more about the popular sportsbook.

FanDuel promo pros and cons

ProsCons
✔️ Low initial risk❌ Bonus bets expire quickly
✔️ Bonus can be split into smaller wagers❌ Can only claim the bonus in the app
✔️ Only $5 minimum bet required❌ First bet must win

What does the FanDuel sign-up promo mean for you?

FanDuel’s bet $5, get $150 in bonus bets offer provides new players with a chance to pad their early bankrolls quickly. If your first bet wins, you'll earn $150 in bonus bets that you can use to make additional wagers. We recommend thoroughly sifting through all available markets — FanDuel is one of the best live betting sites — before deciding where to spend your bonus funds. 

How much money can you earn with the FanDuel sign-up promo?

The $150 in bonus bets can't be withdrawn as cash, so there aren't any guarantees you'll net a profit. You have to use them to make additional wagers, so your potential earnings depend on the odds of your bets and whether they end up as winners. 

Why FanDuel’s bonus is better than the others

FanDuel offers $150 in bonus bets for a minor risk of $5 — you do have to win your first bet to collect the bonus, though. The bonus bets come with ultimate flexibility, allowing you to split them up however you want. You're not obligated to use all $150 at once or limited to using them in $25 chunks. 

Screenshot of the FanDuel Sportsbook app for Android. 
FanDuel Android App

4. BetMGM MD welcome offer 🦁

The self-proclaimed “King of Parlays” entices new Maryland bettors with a new player bonus of bet $5, and get $150 in bonus bets. Just make a first real money wager of $5 or more, and you'll get $150 in bonus bets. Use BetMGM bonus code SBRBONUS when getting started.

  • Register a new account at BetMGM Maryland and make a minimum deposit of $10.
  • Place your first bet of at least $5 on any available betting market.
  • Win or lose, you'll be awarded $150 in bonus bets (6 x $25).
  • Bonus bets cannot be cashed out and expire in seven days.

Eager to uncover more details about BetMGM MD? Comb through our BetMGM review.

BetMGM promo pros and cons

ProsCons
✔️ Reasonable minimum deposit❌ Bonus bets not very flexible
✔️ Low initial risk❌ Expires quickly
✔️ First bet doesn't have to lose

What does the BetMGM sign-up promo mean for you?

This promo means exactly what it sounds like. That is, a guaranteed $150 in bonus bets from BetMGM Maryland. All you have to do is sign up with the promo code SBRBONUS and bet at least $5 as your first wager. You'll earn the bonus whether your bet is a winner or a loser, so no need to stress about the outcome. 

How much money can you earn with the BetMGM sign-up promo?

The dollar value of the bonus is $150, but you aren't likely to end up with that exact amount. Since you can't cash out the bonus bets, you must use them to make additional wagers. Those wagers, with whatever odds you find, could win or lose. If you pick winners, your bonus bets could be hugely profitable. If you go on a losing streak, your bonus bets could end up being worth $0 of real cash in the end. 

Why BetMGM’s bonus is better than the others

This bonus is better than others because you don't have to lose your first bet in order to take advantage. Additionally, the $5 initial risk required is a very low cost of entry. The bonus bets come in six different pieces, meaning you get to make six extra wagers on BetMGM, instead of a single $150 bet.

Screenshot of BetMGM Sportsbook app on Android.
BetMGM Android App

5. BetRivers MD welcome offer ⚡

BetRivers owns one of the more straightforward Maryland sportsbook promos. First-time customers can earn up to a $500 second chance bet. The BetRivers bonus code SBRBONUS is necessary to get started here.

  • Begin by making a deposit of at least $10.
  • Place your first wager of any amount on any sports market you prefer.
  • Should your qualifying wager lose, you'll get a refund, up to $500, as a bonus bet.
  • You must play through the bonus once at odds of -200 or greater.
  • If you fail to use the reward within 30 days, it will expire.

Looking for additional analysis on BetRivers' sports betting platform? Scour our complete BetRivers review.

BetRivers promo pros and cons

ProsCons
✔️ Attached safety net❌ First bet must lose
✔️ Great for new players❌ Attached odds requirement

What does the BetRivers sign-up promo mean for you?

The BetRivers MD promo means new bettors are insured up to $500 on their first bet. This offer is one of the most simple in Maryland — place your first wager, and if you lose, the sportsbook will give you a second shot by returning your stake, up to $500, as a bonus bet.

How much money can you earn with the BetRivers sign-up promo?

If your first bet loses, BetRivers will stake your account up to $500. With that second-chance wager, the amount of money that can be earned depends on its eventual outcome. The more consecutive wins you string together — with the bonus or not — the more money you can make.

Why BetRivers' bonus is better than the others

The uncomplicated nature of BetRivers' Maryland promo — in line with the rest of the sportsbook — makes it great for first-time bettors dipping their toes into the sports betting space. 

Screenshot of BetRivers Sportsbook app on Android. 
BetRivers Android App

How we rate and review sports betting promotions

Our team of industry experts spends a lot of time independently critiquing Maryland’s best online sportsbooks. We focus on numerous elements across each sports betting site in our thorough reviews to generate custom ratings.

When it comes to evaluating the top Maryland sports betting promos and bonuses, we use a similar approach. Here are just a few of the questions we consider before rating the quality of any particular welcome bonus:

  • What is the sign-up bonus’ maximum value?
  • Is the bonus guaranteed, or does it require a specific circumstance to activate?
  • What is the minimum deposit necessary to acquire the bonus?
  • Is a promo code needed?
  • What is the welcome bonus type? Is it a deposit match, second-chance bet, no deposit offer, or something else?
  • What are the playthrough requirements and other notable terms and conditions attached to the bonus?
  • How quickly does the bonus expire?

Maryland online sportsbooks

In late November 2022, online sports betting got the green light and saw seven sportsbooks enter the Maryland market. A few months later, in February 2023, Betfred joined the festivities. Then, in April 2023, SuperBook launched its platform, followed soon after by Fanatics in June 2023 and betPARX in August 2023.

Now, Maryland bettors are waiting with bated breath for Bally Bet to round out the next batch of legal sports betting sites. Eventually, the state could have up to 60 online sportsbooks and sports betting apps available. 

Maryland online and mobile sportsbooks

Maryland sportsbookBest known for
Bally BetGreat customer service
BetfredDaily odds boosts
BetMGMKing of Parlays
betPARXModern style
BetRiversAward-winning parent company
CaesarsLucrative welcome bonus
Crab SportsMaryland-focused
DraftKingsIndustry leader
ESPN BETPersonality-driven promos
Fanatics SportsbookFanCash rewards system
FanDuelHighly-rated app
SuperBookGreat early action

Types of Maryland sign-up offers and bonuses

Most of Maryland’s 11 active sportsbooks offer sign-up bonuses in the form of first bet insurance. Whether you love, hate, or are indifferent towards this type of offer, it’s long been a favorite among operators, so expect it to continue to be one of Maryland’s most common welcome promos.

Deposit match

Deposit match bonuses are not contingent on your first bet winning or losing. Instead, the sportsbook will match all or part of your first-time deposit to help you build your bankroll immediately. For example, a 100% deposit match bonus of up to $1,000 means you could put down $500 in real cash to receive an additional $500 in bonus funds for a total of $1,000 in your account.

Bet and get

Bet and get bonuses are great for new players because they do not need to lose their first wager to trigger the promotion. By making an initial deposit and wager — generally around $10 — the sportsbook will typically add bonus funds to your account, regardless of whether your bet wins or loses.

Occasionally, there will be an extra stipulation, such as requiring your first bet to hit. This was the case with a recent FanDuel offer, for example, which needed you to bet $5 on any market and win, in order to unlock $150 in bonus bets. Most current bet-and-get offers do not require your bet to win or lose, though.

First bet insurance

First bet insurance offers are often the most lucrative Maryland sportsbook promos, with the best capping out at $1,000 or more. For this type of bonus to activate, your first wager must lose. Then, the sportsbook will refund however much you lost, up to a specified amount. For example, Caesars' welcome offer is a $1,000 maximum value, meaning you can risk up to that amount with your first bet and receive a non-withdrawable bet-credit refund if it loses.

Referral bonus

The bonuses don't necessarily stop after you've earned that welcome promo. Most sportsbooks also offer a referral bonus if you can recruit friends to sign up too. You'll get a unique code or download link to share. If the sportsbooks earns a new customer via your referral, they will credit your account with a small gift — usually a bonus bet or some cashback rewards. To discover which platform offers the best sportsbook referral bonus, read our complete guide.

Maryland betting resources

Since online MD sportsbooks only went live in November 2022, you may be new to legal sports betting. If so, this guide on the best Maryland sports betting promos may feel a tad overwhelming. Be sure to check out our other sports betting resource pages, including how to bet on sports, read betting odds, and effectively manage your bankroll.

Sports betting by category

It doesn't matter what sport or league is your favorite; there's a great sportsbook bonus waiting for you at any number of legal and licensed sportsbooks in your state. Here's a list of the best sportsbooks by category, to make your decisions even easier:

Responsible sports betting with Maryland promos

The Maryland Lottery and Gaming Control Agency is the governing body in charge of overseeing sports betting activities in the state. Though it shares some responsibilities with the Sports Wagering Application Review Commission (SWARC), the MLGCA is the regulator that conducts routine audits of online sportsbooks, verifies that safe gaming initiatives are being met, enforces Maryland sports betting laws, and issues fines when operators fall out of line. The MLGCA is also at the forefront of responsible betting initiatives to prevent and treat problem gambling.

In conjunction with the state’s Department of Behavioral Health, the MLGCA works with the Maryland Center of Excellence on Problem Gambling. Both the MLGCA and DOBH can help you find a counselor to assist you and your family through tough times, and you can call 1-800-GAMBLER for 24/7 support. Additionally, the center offers several great resources for individuals working through problem gambling:

Maryland sportsbooks also work on responsible betting practices by allowing players to set budgets and session time limits once they log into their accounts. Doing so can help those at risk closely monitor how much time and money is spent on sports betting.

Maryland sportsbook promos and bonuses FAQs

What’s the best sports betting bonus in Maryland?

We have the FanDuel offer listed as the best welcome bonus for new users because of its mild wagering requirements. However, plenty of other quality bonuses exist for those looking to wager larger sums of money. 

Which verified Maryland sportsbook promos hold the best value?

If you are a new user, bet and get promos tend to hold the most value, as they generally have meager wagering requirements to obtain a significantly larger bonus. However, first bet insurance offers can provide higher maximum value for those looking to bet big.

How old do I need to be to wager on sports in Maryland?

You must be at least 21 years old to bet on sports in Maryland.

Do all Maryland sportsbooks require sports betting promo codes?

No, not all Maryland online sportsbooks and sports betting apps require promo codes. In fact, it’s less likely that you’ll need a promo code to claim a sign-up bonus than the other way around. However, the promo codes we do have listed above are verified to be up-to-date, accurate, and working.

What are legal Maryland sportsbooks’ playthrough requirements?

The playthrough requirements attached to welcome bonuses and promotions at legal Maryland sportsbooks vary by operator. Modern sportsbooks do a decent job articulating what needs to occur via extensive terms and conditions that you can read before opting into any promotion.

How many sign-up bonuses can I claim in Maryland?

Sports bettors in Maryland may redeem one sign-up bonus at each active online sportsbook. Most operators require your social security number during registration, which helps cut down on fraudulent account creation and bonus abuse.