Maryland Sportsbook Bonus Bets

Washington City Paper

23 July 2023

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Bonus bets are some of the greatest incentives on offer for new players to join sportsbooks. They allow players to earn something back if their first wager loses and they can also be given out to existing customers as a reward for continous use of a platform.

If you’re looking to find all of the available Maryland bonus bets, then you’ve come to the right place. Here are the top sportsbook bonus bets in MD as of July 2023.

Best Bonus Bets in Maryland – July 2023

Best Feature
Highest Rated Overall Sportsbook in Maryland

Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY Call 877-8-HOPENY or text HOPENY (467369) (NY)Call 1-800-327-5050 (MA) 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario.

Best Feature
Huge Variety Of Promos For Existing Users

Welcome Bonus
Get up to $1,250 in Bonus Bets

Best Feature
Live Stream NFL Games

Welcome Bonus
Get up to $1,000 in Bonus Bets

Best Feature
Huge Range of Sports to Bet on

Welcome Bonus
Get up to $1,000 in Bonus Bets

Best Feature
Daily Prize Pools With Big Rewards Available

Welcome Bonus
Get up to $1,111 in Bonus Bets

Best Feature
Niche Sports Markets

Welcome Bonus
Get up to $500 in Bonus Bets

Best Feature
Users Can Create Their Own Custom Bets

What is a Bonus Bet?

A bonus bet is a type of promotion that sportsbooks offer mainly to new customers. This effectively gives users the chance to make something back even if their first wager loses, as they are given the same value back in the form of a bonus bet. These types of bonuses are known as welcome bonuses and typically can be anywhere from $500 to $1,000 depending on how much the value of the first wager is.

Why Do Maryland Sportsbooks Have Bonus Bets?

Sportsbooks offer bonus bets as a promotional tool to entice new users into signing up to the platform and keep existing customers engaged with betting. The main benefit of a bonus bet is that it allows new customers to feel more comfortable when wagering for the first time, because if they lose, they will receive their wager back in the form of a bonus bet.

While the vast majority of bonus bets are only available to new users, now and again sportsbooks may have bonus bets that are available to everyone.

How Often are Bonus Bets Updated?

There are new bonus bets every week for Maryland residents to claim from sportsbooks in the state. Some are part of long running promotions, such as sign up welcome offers which can last over a year. Others are part of short term promotions that can only be acquired by betting on a specific sporting event in a certain timeframe. Whether you’re a new customer or an existing one, there will always be some kind of bonus bets available in Maryland.

How to Claim a Bonus Bet in Maryland

We’ve laid out five steps on how to claim your sportsbook bonus bet:

Scroll up to the top of this page and select the “Claim Bonus” button next to the sportsbook you want to sign up to. There’s no limit to how many sportsbooks you can create accounts for and many bettors sign up for all 7 platforms to take advantage of the bonus bets available.
Sign up and enter a promo code if there is one. Most sportsbooks don’t require a promo code, but some do. You will need to enter your personal details such as your address, name, age and provide a form of ID.
Make a deposit. Using a debit card or other form of payment method, make sure to deposit at least the minimum amount to qualify for your bonus bet. This is usually $20.
Wager on an event. If you lose this initial wager then you will receive your money back in the form of a bonus bet.
If your bet loses, you will now have a bonus bet available to use. Make sure to use the bonus bet as a wager on a new sporting event within 7-14 days of receiving it. If you wait any longer than this, it’ll expire.

Mobile App Bonus Bets

You can use bonus bets on most mobile sportsbook apps in Maryland, just as you can on desktop websites. This is because they’re designed to offer the same features. The majority of wagers take place on these apps, so it makes sense that sportsbooks allow users to claim and use bonus bets on their phones.

To use a bonus bet on a mobile, log in to your sportsbook account and find an event to bet on. Once your selection has been added to your bet slip, there should be an option to use the free bet as the wager.

Bonus Bet Requirements

Although free bets are a great tool for people that want to try out new sportsbooks with minimal risks, there are always terms and conditions attached to them. Here are the main ones to be aware of:

Minimum Deposit – Bettors will usually have to deposit at least $10 in order to be eligible for a free bet promo.
Wagering Requirements – In order to receive a free bet, new users may first have to wager a minimum amount on a bet with specific odds.
Bet Criteria – Some sportsbooks only allow free bets to work on certain sporting events.
Expiry Time – Most bonus bets expire within 7 to 14 days of being granted.
Free Bet Winnings – Most sportsbooks don’t give you the bonus bet back as part of your winnings. For example, if you placed a $100 bonus bet at +50 odds, should the bet win you would only receive $50 in withdrawable money, not $150.

How are Bonus Bets Paid Out?

Winning bonus bets are paid directly to your cashier’s balance on the sportsbook platform you’re using. However, keep in mind that if you place a wager on a sporting event courtesy of a bonus, you will only receive the amount earned on the bet and not the bonus bet amount as well. For example, if you wagered a $10 bonus bet and won $7, only $7 would be added to your balance and not the original $10 bet like a normal bet would.

How Long do Winnings from Bonus Bets Take to Withdraw?

Winnings from bonus bets take the same amount of time to be withdrawn as any other kind of winning that is had at sportsbooks. This is because all winnings that are eligible to be withdrawn are all part of the same sportsbook wallet on a users account.

On average, it will take around 1-3 days to receive money from a sportsbook after you withdraw part or all of your balance. In cases where you opt to receive the money in a check or other similar method, then this may take longer. The quickest withdrawal methods are online banking, PayPal and eChecks.

Pros and Cons of Bonus Bets

How to Claim All of the Bonus Bets in Maryland

The good news is that there’s no limit to how many sportsbooks you can sign up to and receive bonus bets from. Therefore many avid bettors decide to use as many sportsbooks as possible to enhance their total sum of bonus bets.

There is currently a maximum potential of $7,000 in bonus bets available to Maryland users as of July 2023. In order to access all of these just scroll up to the top of this page and select “Claim Now” next to each sportsbook that you want to sign up for.

Bonus Bets for Existing Customers

It’s possible for existing Maryland sportsbook users to get bonus bets. Many sportsbooks offer bonus bets as part of their reward programs and loyalty clubs.

Here are the current bonus bets available for existing users:

BETMGM Maryland Bonus Bets

Best Feature
Highest Rated Overall Sportsbook in Maryland

Daytona Prizes – Win a Daytona prize package by entering this promo. You will receive 3 random drivers for each week’s race. The top team will win big prizes.
Win a Chance to Golf at TPC Sawgrass – Enter a free-to-play challenge and submit your roste of golfers for each week’s tournament. The players with the best performing team will win huge weekly prizes and get a chance of winning the big end-of-season grand prize.

BetRivers Maryland Bonus Bets

Best Feature
Huge Variety Of Promos For Existing Users

Women’s World Cup – Get a 50% matched bet when you wager on any world cup game.
MLB Parlay Insurance – Place a 4+ leg MLB parlay and get a bonus bet if one leg loses.
Tennis Parlay Insurance – Place a 4+ leg tennis parlay and get a bonus bet if one leg loses.
Golf Parlay Insurance – Place a 4+ leg golf parlay and get a bonus bet if one leg loses.
MLB Bet & Get – Place 3+ MLB same game parlays each week for a bonus bet.

FanDuel Maryland Bonus Bets

Women’s World Cup – Get a 30% PBT to use on a 3+ leg parlay for world cup games.
MLB Tuesday’s – Place a pre-live, straight $25 “to hit a home run” wager on any 7/25 MLB game and get a $5 bonus bet for each HR hit by both teams in the game.

Maryland Bonus Bets FAQs

Who Oversees Sports Betting?

The Maryland State Lottery and Gaming Control Agency regulates all gambling in the state.

Which Sportsbook Has the Best Bonus Bets?

There are several different factors that must be considered when using bonus bets. Click here to see the best sportsbook free bets in Maryland.

How Long do Bonus Bets Last?

On average, bonus bets last a few weeks before expiring. However, some sportsbooks have shorter expiry times.

Can I Cash Out Bonus Bets?

No, bonus bets can only be used to wager on sports events. Only then can those winnings be withdrawn.

Which Maryland Sportsbook Should I Use?

Each sportsbook has different benefits and tends to different players. Check out our sportsbook reviews here so you can find the best fit for you.

The sports betting content on the site is for entertainment purposes only. Sports betting always involves a risk of losing money. Please check if sports betting is legal in your state before wagering. You must be 21+ to wager. If you or someone you know has a gambling problem, call 1-800-GAMBLER to get help. Get more information here.