PointsBet Pre-Registration Welcome Offer for MD Launch: $200 in Free Bets

After a long wait, Maryland users can have a taste starting today as the universal launch day is right around the corner.

As of November 17, Maryland legislature officially legalized sports betting starting this Wednesday, November 23 – the day before Thanksgiving.

However, you do not have to wait until Wednesday for the fun to begin. Starting at 2:00 PM ET through 10:00 PM, Marylanders can enjoy sports betting during the state’s soft launch. This means Marylanders can create an account on PointsBet Sportsbook and log some wagers during this period. But once 10:01 PM hits, Marylanders will have to wait until November 23 when sports betting is officially legalized.

PointsBet Sportsbook is one of the best sports betting sites in the industry, and it is no surprise that they are currently offering one of the best welcome offers for Maryland residents to jump all over.

Using our promo code HANDLEMD, new users on PointsBet can get $200 Free upon launch day. Continue reading to claim your offer today!

PointsBet Maryland $200 Free Welcome Offer Explained

To claim your $200 in free bets upon launch day, start by clicking here. When signing up, use the promo code HANDLEMD to claim your offer.

Once you successfully establish a PointsBet Sportsbook account, you can sit tight and wait until Wednesday. Once Wednesday arrives, PointsBet will send you a link to click on to complete the registration process and finish your pre-launch promotion.

Your $200 in free bets will be issued to you in four (4) weekly increments of $50 each. 

You will receive your first $50 free bet after creating your account and making a first deposit. You will receive your second $50 free bet seven (7) days later, and so on, until you have reached your $200 in free bets.

It is important to note free bet stake is not included in any winnings. For example, if you place a $20 free bet on a market with +100 odds, you would win $20, not $40. Your free bets will expire seven days after issuance so be sure to use them.

What to Know About Sports Betting in Maryland

We know this may not be very straightforward, but we’re here to help. Once Maryland’s soft launch ends on Monday at 10:01 pm ET, Maryland will enter a dead period until Wednesday, the official launch.

Once Wednesday comes, mobile sports betting will be fully legalized! Let’s go over all the essential details:

• Retail sports betting already launched in Maryland back in December 2021. There are currently seven (7) retail sportsbook locations in the state of Maryland.
• The Ravens, Commanders, and Orioles have all partnered with premier online brands for market access. We could see retail sportsbooks on-site at any of these stadiums as soon as 2023. PointsBet has not yet struck a deal with any of Maryland’s professional teams, but they do have a deal with the University of Maryland.
• The Maryland sports betting tax rate is currently set at a reasonable 15%, which should help create a competitive infrastructure among sportsbooks.

PointsBet Partners With Riverboat on the Potomac

PointsBet Sportsbook currently has one of the state’s seven retail sportsbook locations at the Riverboat on the Potomac. PointsBet officially announced a partnership with the Riverboat on the Potomac in June 2021. This partnership offers market access for both retail and online sports betting. 

The retail sportsbook officially launched on September 12, 2022. The Riverboat on the Potomac is on the boardwalk in Colonial Beach and is an OTB facility.