Maryland is one of the first states to legalize sports betting after a state referendum approved it in 2020 and the Supreme Court struck down PASPA in 2018. The Maryland Lottery and Gaming Control Agency oversees the state’s sportsbooks and there are 60 government-approved retail locations plus 40 online sites.

Unlike most state-regulated markets, Maryland doesn’t allow for free play. Instead, operators are required to withhold 9.25% of winnings on bets placed by residents and 7.5% for non-residents. The state also taxes players’ winnings on jackpots over $5,000 and doesn’t offer any tax breaks for the industry.

There are five Maryland sportsbooks that have gone live so far, including FanDuel, Caesars, BetMGM, DraftKings, and PointsBet. All are offering new-user bonuses of some sort, though it’s worth pointing out that the best online betting site for maryland is Barstool Sports, which offers way more wagering markets than any other Maryland sportsbook and has an excellent welcome bonus.

The Baltimore Ravens are one of the biggest teams in the NFL, and you can find a great selection of bets on them at all major Maryland sportsbooks. Whether you’re looking for moneyline bets, spread bets, or prop bets, you can place your bets on any number of different events at any of these top-rated sportsbooks.

Basketball is another popular choice in Maryland, and the NBA’s star-centric nature makes it an appealing sport to bet on. Wednesdays, Fridays, and Sundays are the busiest nights for NBA games, so these are the ideal days to load up on an NBA parlay at a Maryland sportsbook.

Baseball fans in Maryland can bet on their beloved Orioles at most of the best Maryland sportsbooks, and the team has a rich history that will make the sport even more popular. The Orioles have won three World Series titles and are a perennial contender for the pennant, so it’s no surprise that so many Maryland bettors support them in their pursuit of more rings.

Lastly, Maryland Online Sports Betting Update is a popular option for bettors in Maryland. The state has a strong tradition in the game and some of the country’s most prestigious tournaments take place here. You can bet on all sorts of golf events at any of the top Maryland sportsbooks, and the best sites will feature a wide variety of odds for each event.

All of the top Maryland sportsbooks accept credit and debit cards, as well as e-wallets like PayPal. When choosing a Maryland sportsbook, it’s important to find one that accepts the payment method you prefer. Some methods take longer to process than others, so be sure to read the terms and conditions of each site before deciding on which method to use. Some e-wallets charge fees for deposits and withdrawals, so it’s important to shop around to find the best deals. If you’re unsure about which payment method to choose, try using a Play+ or PayPal account, as they are the fastest options available.