Maryland Online Sports Betting

Maryland Online Sports Betting October 2022

Predicting the Top 10 Maryland Sportsbooks

The wait is almost over. If you are among the many Maryland residents who are eager to cash in on a last-second Justin Tucker field goal or a Lamar Jackson prop, you will soon have your chance. Maryland online sports betting is on the way.

Maryland sports betting will hopefully be in place before the end of the football season. With that in mind, we’re here to predict what will be the top 10 Maryland sportsbooks. But before we do so, let’s take a minute to answer the question on everyone’s mind.

When Will Maryland Sports Betting Go Live?

So, with regard to sports betting in Maryland, there’s been enough red tape to wrap around Fort McHenry 100 times. The process has been like watching a review of a pass interference call. And, it’s not finished yet.

On. Nov. 4, the application commission, also known as the Sports Wagering Application Review Commission (SWARC), decided not to act on licensing applications from five casinos that have already been approved to partner with sportsbook operators. The committee, which has requested more information from the casinos, is scheduled to meet again on Nov. 18.

Governor Larry Hogan has publicly expressed frustration with the delays in the process. After all, Maryland voters approved a referendum during the Nov. 2020 election. The sports betting bill was subsequently passed in the spring of 2021. It’s, you know, 2022 now. At this point, the over/under for when legal sports wagering might begin in The Old Line State could be set at the Super Bowl. We’ll take the under.

Best Maryland Sportsbooks

What Will Be The Best Maryland Sportsbooks?

This is actually an easier question to answer than trying to predict when Maryland sportsbooks will actually go live.

As we previously mentioned, there are five sportsbook operators who have partnered with brick-and-mortar casinos. Clearly, those five have the inside track on getting market share within the state. The partnerships are as follows:

  • Live! Casino in Hanover – FanDuel Sportsbook
  • Horseshoe Casino in Baltimore – Caesars Sportsbook
  • MGM National Harbor in Oxon Hill – BetMGM
  • Ocean Downs Casino in Berlin – TwinSpires
  • Hollywood Casino Perryville – Barstool Sports

If you’re wondering which sportsbooks will be available, you can count on these five. What you should also know is there will be others. Many, many more, in fact, as the state is offering an astounding 60 gaming licenses.

Will they all be available right off the bat? No. But the good news is there will be plenty of competition for your gambling dollars. This will lead to enhanced competition and some tasty offers for new customers like risk-free bets, deposit matching, and more.

Don’t Forget About One of the Biggest Names in the Business

There is one big name not in list of partnerships above – DraftKings. If you’re going to add a sportsbook operator that will undoubtedly be part of the Maryland betting scene, it would be this nationally recognized brand.

DraftKings is well known by daily fantasy sports players throughout Maryland. The online sportsbook is already approved in many other states and battling FanDuel for the lead in market share.

DraftKings Sportsbook

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A DraftKings partnership may very well be in the works as there are a total of 17 potential locations for in-person sports betting. Including Maryland’s existing casinos and horse racing facilities.

If you already use their app for daily fantasy sports and want to have the same company for sports wagering, don’t fret. There is little doubt that DraftKings will be among the top 10 Maryland sportsbooks.

DraftKings Sportsbook Maryland

Who’s Leading in Online Sports Betting Market Share?

If you’re curious about overall market share, consider a recent industry report from Bank of America. When looking at data from iOS users for the month of September, Bank of America’s Shaun Kelley noted that DraftKings remained the leader, followed by FanDuel, MGM and Caesars. Here are the market share figures:

Online Sportsbook BrandMarket Share
DraftKings37%
FanDuel24%
BetMGM14%
Caesars11%

BetMGM and Caesars have both made strides while DraftKings and FanDuel continue to do battle at the top. When looking at overall online sports betting app downloads, there were 1.8 million in September alone, up nearly 200% from 2020.

What Might Be Some of The Other Top Maryland Sportsbooks?

Ok, if you’re counting, we’ve mentioned six sportsbook operators that will unquestionably be in the top 10 – FanDuel, Caesars, BetMGM, Barstool, TwinSpires, and DraftKings.

Predicting the contenders to round out the top 10 is more of a challenge but there are many possibilities. The following brands are booming in gambling markets across the country and want to expand into Maryland:

  • BetRivers
  • PointsBet
  • WynnBET
  • Bet365
  • Golden Nugget
  • Unibet

If you believe that variety is truly the spice of life, you will enjoy the fact that there will be a wealth of options for Maryland sports bettors.

Picking the Right Maryland Sportsbook for You

If you want to go with a leader – both in market share and experience – FanDuel is a smart choice. In fact, this brand recently updated its platform to be even more responsive than before. This makes a noticeable difference when placing those time-sensitive live bets. Sportsbook apps with excessive lag time will cause you frustration if you enjoy live Maryland online sports betting.

FanDuel Sportsbook

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On the other hand, you may already have a rewards account with one of the major casino operators. If that’s the case, you may want to consider BetMGM or the Caesars app, both of which will be available right off the bat when the state goes live.

BetMGM Sportsbook

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Caesars Sportsbook

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Why You Shouldn’t Use JUST One Maryland Sportsbook

But really, why would you stick with only one platform? You are not limited to a single offering. It’s smart to sign up for several to take advantage of all the new customer bonuses.

Another consideration is getting the best betting odds. While you’ll likely find that odds are fairly consistent across the board, there are fluctuations and that half a point can make all the difference in winning and losing.

If you’re trying to decide where to start, FanDuel and DraftKings have been the most prominent of American sportsbook operators and offer an enjoyable experience but other top names like BetMGM and Caesars are coming down the home stretch in hot pursuit.

Maryland online sports betting enthusiasts should know that your time is coming! While the state legislators and licensing committee may be testing your patience, you will have your reward soon with one of the most diversified sports betting markets in the country.

Maryland Betting Experts
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