Maryland, home to six million people, is the last of the mid-Atlantic states to legalize sports betting. This comes after a November 2020 referendum followed by the passage of a new sports betting bill in April 2021.
With mobile sports betting finally coming to Maryland, bettors can expect a range of bonuses and promotions from sportsbooks, including welcome bonuses. For those unfamiliar with the term, a welcome bonus or sign-up bonus is a bonus that sportsbooks and online casinos offer to new customers. For the sportsbooks, it serves as a way to attract customers, and for you, it is a way to potentially win money with a lot less risk.
For you to claim a welcome bonus, some sportsbooks only require you to create an account and complete the verification process. With others, you may need to enter a bonus code.
What Are Maryland Sports Betting Bonus Codes?
For a lot of sportsbooks, you need to enter a code to claim the welcome bonus. Usually, you'll need to enter this code as you are completing the registration and verification process. This code normally applies to new customers only.
Promo Codes vs. Bonus Codes
Virtually all sportsbooks and online casinos offer welcome bonuses to new customers, and for the ones that require bonus codes, it is important to be able to identify such a code when you come across it. Some of these online casinos may list it as a promo code. Both of these terms mean exactly the same thing, so don't be confused by what the sportsbook calls it.
Best Maryland Sportsbook Bonuses
Welcome bonuses can take many forms, with each one offering something distinct and exciting. Examples include no deposit bonuses, first deposit bonuses, and risk-bonus bets.
No Deposit Bonus
This is essentially a bonus bet as it allows you to place sports bets without having to deposit any money. To claim one of these, you create your account and enter the bonus code (if applicable), and you will receive the bonus amount in your wallet.
Usually, this bonus bet is subject to wagering requirements, which are conditions you have to satisfy before you can withdraw your winnings. Check the terms and conditions at the sportsbook to see what the specific requirements are.
First Deposit Bonus
This is also known as a deposit match. Here the sportsbook credits a percentage of your deposit to your account, up to a set amount. Most sportsbooks that offer this bonus offer a 100% deposit match that effectively doubles your deposit, with most of these capped at between $250 and $500.
As with the no deposit bonus, will likely also have a wagering requirement. This usually says how much money you have to place in bets before you can withdraw your winnings from the bonus. You should check the terms and conditions to see what these requirements are.
Here, you make a deposit and place a bet. If you lose, you get a 100% refund up to a certain amount. You are not eligible for this refund if your bet wins. If your bet with the refunded stake wins, some sportsbooks allow you to keep the winnings and the stake, while others only let you keep the winnings.
There may be restrictions to the sort of bets that qualify for this refund. It usually applies to the first settled bet. Check with your sportsbook to see what applies.
Maryland Sportsbook Bonus Advantages
Sportsbook bonuses are advantageous to bettors for a variety of reasons:
- With the no deposit bonus, you can win money without having to risk any of your own.
- With the first deposit bonus/deposit match, you can afford to place more lucrative bets and improve your chances of winning without having to break the bank.
- The risk-free bonus reduces your risk by offering you a refund on a losing bet and giving you a second chance at winning.
How To Get A Maryland Online Sportsbook Bonus
The first step to obtaining an online sportsbook bonus is creating an account. There are multiple ways to find the registration page, starting with clicking the "Get Bonus" button on this page next to the site of your choosing.
Another way is to click one of the many links on this site, which will also lead to sign-up pages. You can also visit a sportsbook's homepage to begin the process, but in that case, be sure to remember any relevant bonus codes. Once the time comes, follow these steps to get set up:
- Fill out all required fields (name, address, email, etc.) and upload identification.
- Enter a bonus code when prompted, if necessary.
- Agree to all terms of service and press submit to complete the registration. You will receive email confirmation.
- Deposit funds into your new account by selecting a banking method and entering how much you want to deposit. You'll receive an email confirmation.
- If you've claimed a deposit match bonus, that will appear in your new balance.
- Begin placing bets.
Best Maryland Sportsbook Promotions
Aside from online sportsbook welcome bonuses, they typically offer other promotions. Some of these are time-bound, while others are consistently available. When you sign up for one of these sportsbooks, aside from being eligible for the welcome bonus, you will also have a variety of promos available. Some of the more common ones include reload bonuses, bonus bets, profit boosts, and parlay insurance.
This is a promo available to return bettors. When you deposit money into your account, the bonus is a set percentage of the deposited money, generally up to some sort of maximum amount.
When you receive a profit boost, it increases your odds on all types of bets, including single bets and parlays. If the bet you placed while this promotion is active wins, you get extra winnings that correspond to the percentage boost from the promo.
Parlays are some of the riskiest sports bets. This is because a parlay comprises multiple bets. To win, each of the individual bets must be correct. Parlay insurance reduces that risk, offering you a partial refund if you lose a parlay by just one pick.