Maryland became the latest state to officially legalize sports betting after Governor Larry Hogan signed legislation that makes the state the 5th to legalize some sort of sports betting so far this year, joining Arizona, New York, South Dakota and Wyoming.
Both online sports betting and land-based retail sports betting are authorized as part of Hogan’s signature. It will still be a few months before Maryland sports bettors can legally place bets, but let’s take a look at what you need to know about this exciting new development in the state.
When will Maryland sports betting be available?
Although Maryland sports betting is now the law of the land, there are still a bunch of things that still need to happen — regulators must create rules, award licenses and set other regulations before sportsbooks can begin taking bets
Still, some prep work has been done prior to Hogan’s signature and the current target is for sportsbooks to be live sometime this summer, perhaps before Labor Day. This, of course, would be just in time for the upcoming NFL season.
Where can I bet on sports in Maryland?
Once sportsbooks are given authorization, you will be able to bet on your favorite teams online, in casinos and in many other locations — nearly 100 licenses will be awarded in total.
Language in the Maryland sports betting bill calls for up to 60 online sportsbooks, which would make it the most of any state that has regulated online sports betting.
So far Barstool, BetMGM, DraftKings, FanDuel, TwinSpires and William Hill are among the established online sportsbooks that have struck deals with Maryland’s six retail casinos.
In addition to casinos, sports betting will also be available in less-traditional and nongaming locations such as pro sports stadiums (Oriole Park at Camden Yards, FedEx Field and M&T Bank Stadium). Sportsbooks will albo be available at off-tracking betting locations, Laurel Park, the state fairgrounds and the Pimlico Race Course. As many as 30 other licenses could be awarded to other Maryland businesses.
What sports can I bet on in Maryland?
When sports betting becomes available, you will be able to wager on the vast majority of major and international sports, as well as a fair number of lower-level leagues.
As a sports bettor, you can make the assumption it can bet on until proven otherwise. This certainly means you will be able to place bets on local teams such as the Baltimore Orioles, Baltimore Ravens and the Washington Football Team.
What was the path of sports betting in Maryland?
Prior to Hogan’s signing of the sports betting bill, it’s been a three-year path to get to this moment.
In May 2018, New Jersey won a Supreme Court decision that declared it unlawful for the federal government to prohibit states from offering sports betting. Predictably, states were quick to take action with Nevada, New Jersey and others legalizing sports betting within months.
In Maryland, voters approved a sports betting amendment during the 2020 election, which set the framework for legalized sports betting in the state, both online and at retail locations. Revenue from sports betting would be used to fund education.