Maryland Sportsbook Welcome Bonuses

Maryland Sports Betting Bonuses Explained: What are Risk-Free Bets, Free Bets, and Deposit Matches?

Have you heard yet that the voters of Maryland have officially said yes to legalizing sports gambling?!

With legislation being finalized in April of 2021, Maryland will very soon have 60 online and 30 retail gaming options! That is almost three times more than nearly any other legal state currently has.

Maryland Sports Betting Bonuses

If you’re here then you’re probably interested in becoming a user for online sportsbooks as they start servicing Maryland. So, now is the perfect time to find out everything you need to know about the best Maryland sports betting bonuses. You will soon be able to find these bonuses online when they go live.

Common Types of Maryland Sports Betting Bonuses

Since sports betting is only coming to Maryland now, many residents will be signing up for the very first time. And wow will you have options. This means the residents of Maryland will be able to take advantage of a myriad of welcome bonuses. And the huge and varied promotions available for new customers.

These special welcome promos can usually be redeemed after creating an account and making your initial deposit. Here are a few of the different types of excellent betting promo offers that are commonly available for first time players on sportsbook sites.

Risk-Free Bets From Maryland Sportsbooks

A risk-free bet is not quite as simple as the name would suggest. A risk-free bet is not necessarily without risk altogether. But, it’s very close. However, no-risk at all.. that would likely take a lot of the excitement out of betting anyway.

It is better characterized as a significantly reduced risk bet. They are lower risk because even if you lose your bet, you get something back in return such as a site credit or a free bet. This means that if you lose your bet, you get a chance to bet again and, therefore, another chance to win!

Examples of Maryland Risk-Free Bets:

BetMGM Sportsbook

BetMGM Sportsbook RISK FREE

Use code USAWAGER when you sign up to get a Risk Free Bet up to $1,000!
$1,000 Risk Free Bet get bonus
USAWAGER
Terms and Conditions apply
FanDuel Sportsbook

FanDuel Sportsbook RISK FREE

Get a Risk Free Bet on your first bet worth up to $1,000!
$1,000 Risk Free Bet get bonus
Terms and Conditions apply

Maryland Free Bets

Free bets are as close to free money in your pocket as you can get. Free bets can be an excellent promo offer that only requires you to sign up for an account. Not deposit. And then you are given a few free bets that do not require any deposit whatsoever. No money down at the get go so you can get straight to playing.

These Free Bets can also be referred to as Maryland No Deposit Bonuses or Maryland Free Plays. If online casino eventually lands in Maryland, these types of welcome bonuses will be readily available.

Maryland Sportsbook Deposit Matches

Promotional offers for deposit matches mean that the sportsbook, whichever one offering the promo, will match whatever sum you deposit up to a certain amount on the bet you place. If you win, this increases the money you get back in the return.

Deposit match bonuses can be 100% matches, 50% matches or even 20% matches. This refers to how much the Maryland online sportsbook will give you following your first deposit. Of course, a 100% deposit match is more valuable than a 50% or 20% match.

Here are some examples of 100% Deposit Match Bonuses:

BetRivers Sportsbook

BetRivers Sportsbook DEPOSIT MATCH

Use code USWAGER to get a Deposit Match Bonus on your first deposit worth up to $250!
$250 Deposit Match get bonus
Terms and Conditions apply
PointsBet Sportsbook

PointsBet Sportsbook DEPOSIT BONUS

Use code WEDGET3 when you sign up to get $150 when you deposit $50!
Deposit $50 For $150 get bonus
WEDGET3
Terms and Conditions apply

Playthrough Requirements for Maryland Sportsbook Bonuses

Playthrough requirements are something to be aware of and keep a close eye on when you are signing up for sportsbooks promo offers and special bonuses.

Playthrough requirements are also referred to as rollover requirements or wager requirements. They refer to the amount of times you are expected to wager the bonus sum in your account before you withdraw funds.

Maryland Sports Betting Playthrough Requirements

These playthrough requirements can apply to all types of promo offers you might receive such as deposit matches, risk-free bets, and free bets. Usually for deposit match offers, the wager requirements apply to both your deposit and the bonus matched by the sportsbook. For risk-free bets, those playthrough requirements are applied to the awarded credits or winnings.

This means you cannot simply take advantage of the promos and immediately withdraw your funds. Rather, depending on the sportsbooks’ terms and conditions, you must make a certain amount of wagers before you can withdraw your funds. This is why it is always important to read the fine print when signing up for promotional offers and new customer bonuses!

BetRivers is applauded for its 1x wagering requirement on its $250 Deposit Match Bonus. This means that you only have to wager your bonus money once to convert it to real cash!

BetRivers Sportsbook

BetRivers Sportsbook DEPOSIT MATCH

Use code USWAGER to get a Deposit Match Bonus on your first deposit worth up to $250!
$250 Deposit Match get bonus
Terms and Conditions apply

Some of the Best Maryland Sports Betting Bonuses

Figuring out the best Maryland sports betting bonuses and promo options for you can be largely dependent upon what sort of bonuses interest you most. It will also depend how much you are looking to play and whether you want to stick to one sportsbook or try a few out.

You may be new to the sports betting scene and unwilling to risk your own bankroll. This is where a No Deposit Bonus would be perfect. Or, you may be an experienced sports bettor looking to max out a great Risk-Free Bet Bonus. There are certainly options available!

Below we will give you an overview of some of the top-rated sportsbooks and their promotional offers, so you are ready to sign up when they are available in the state Maryland.

BetMGM Sportsbook Maryland

  • New bettors receive a risk-free bet of up to $1,000
  • This bet gives you a full refund in free bet credits if your first wager is a loss; however, if you win you will only receive the winnings and not the stake
  • BetMGM also offers promos and bonuses to existing customers rather than just new sign ups
  • No playthrough/rollover requirement
BetMGM Maryland Welcome Bonus
BetMGM Sportsbook

BetMGM Sportsbook RISK FREE

Use code USAWAGER when you sign up to get a Risk Free Bet up to $1,000!
$1,000 Risk Free Bet get bonus
USAWAGER
Terms and Conditions apply

Caesars Sportsbook Maryland

  • First bet gets a first bet insurance of up to $1,001
  • This is different than the more common risk-free bets offered in promos
  • Caesars Sportsbook also offer ongoing promos to existing customers such as risk-free parlay bets and odds boosters
  • No playthrough/rollover requirement
Caesars Sportsbook

Caesars Sportsbook 1st BET INSURANCE

Use code HUGESPORTCZR when you sign up to get a First Bet Match up to $1,001!
$1,100 Bet Insurance get bonus
HUGESPORTCZR
Terms and Conditions apply

BetRivers Sportsbook Maryland

  • New players will get a deposit match bonus up to $250
  • A 100% matching deposit bonus of up to $250
  • Just a 1x playthrough requirement to turn bonus money into real money
BetRivers Sportsbook

BetRivers Sportsbook DEPOSIT MATCH

Use code USWAGER to get a Deposit Match Bonus on your first deposit worth up to $250!
$250 Deposit Match get bonus
Terms and Conditions apply

FanDuel Sportsbook Maryland

  • New users will get a risk-free bet of up to $1,000
  • FanDuel will refund your initial stake up to the maximum in free bets if you lose
  • If you go on to win a bet using the refund bonus, the winnings will be converted into cash that you can withdraw
  • Playthrough requirement is 1x rollover

There are so many amazing Maryland sports betting bonuses out there to get you started in online betting. It is very important to research properly beforehand so you can make the best decision for your particular gaming interests.

Terms and conditions vary between sportsbooks so it’s vital to always read the fine print before signing up for any promotional offers.

As the 60 online betting options go live in Maryland, keep an eye out for state specific bonus or promo codes that may be able to get you even better offers than the ones listed on the website. Promo offers are constantly changing. Just think of all the gaming you can do with the credits and refunds from those risk-free bets!

Maryland Betting Experts
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