Best Maryland Sportsbook Promos 2026: $6,450 in Bonuses

All Maryland sports betting promo codes

Today, Maryland bettors can claim sign-up offers from 12 legal MD sportsbooks and betting sites. We've honed in on the latest Maryland sportsbook promo codes right here:

Maryland sportsbook promos summary

1. FanDuel Maryland welcome promo

Bet $5, Win $100

New customers only. Deposit min. $5. Place your first $5 bet and receive $100 if your bet wins.

Claim $100

New FanDuel users in Maryland can earn $100 in bonus bets. No FanDuel promo code is required to claim this introductory offer in Maryland.

Here are some notable conditions of the FanDuel Maryland promo: 

• To secure the offer, new users must download the FanDuel app.
  
  
• Deposit at least $5 and place a winning $5 wager on any sports market. FanDuel will give you $100  in bonus bets within 72 hours. 
  
  
• You may divvy up your bonus bets and place them on multiple sports betting markets. 
  
  
• You cannot withdraw bonus bets, and bonus amounts are not returned with winnings.
  
  
• You'll have seven days (168 hours) before your bonus expires. The offer is valid until March 8, 2026.

Our exhaustive FanDuel Sportsbook review has more information.

FanDuel iOS app

FanDuel promo pros and cons:

Earn $100 in bonus bets

Bonus bets eligible for any sports market

Bonus bets are not paid out as part of winnings

2. bet365 Maryland welcome promo

Bet $5, Get $150 Win or Lose

Code: COVERS

Claim $150

$1,000 First Bet Safety Net

Code: COVERS

Claim $1,000

The latest arrival to the Maryland betting market, bet365 presents new users the unique opportunity to choose between one of two welcome bonuses: Either a 'Bet $5, Get $150 Win or Lose' reward or a '$1,000 First Bet Safety Net.' Just remember to enter bet365 bonus code 'COVERS' during sign-up.

Here are some more important terms attached to the bet365 MD welcome bonus: 

• You must register on the bet365 app to qualify for the sign-up bonus. 
  
  
• Put down a minimum $10 deposit.
  
  
• Place a $5 wager on any sports market you prefer within 30 days of activating your account.
  
  
• bet365 will give you $100 in bonus bets when your $5 wager settles — win or lose.
  
  
• The bonus expires seven days (168 hours) after receipt. It is valid until March 17, 2026, at 6:59 a.m. ET.

bet365 iOS app

bet365 promo pros and cons:

Guaranteed bonus bets

Low-risk wagering requirement

Friendly for new bettors

Still requires a $10 real-money deposit

Bonus bets cannot be withdrawn as cash

Bets tied to events with odds of -500 or better

3. DraftKings Maryland welcome promo

Bet $5, Win $200

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit https://gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit https://ccpg.org (CT), or visit https://www.mdgamblinghelp.org (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 3/15/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: https://sportsbook.draftkings.com/promos. Ends 3/8/26 at 11:59 PM ET. Sponsored by DK.

Claim $200

DraftKings is one of the market's premier online sports betting sites, largely due to its rotating cast of enticing promos and bonuses for users. Currently, new DraftKings Maryland customers can now make a $5 wager and get $200 in bonus bets. No DraftKings promo code is needed. 

Here are the details:

• Deposit and wager $5 on any sports market. DraftKings will release your $200 in bonus bets (eight $25 bonus bets) if the wager wins. 
  
  
• The bonus is paid within 72 hours of the qualifying wager settling.
  
  
• All bonus bets will expire after seven days, so be sure to use the entire amount in your first week of betting with DraftKings. 
  
  
• This DraftKings Maryland promo will run until March 8, 2026, at 11:59 p.m. ET.
  
  
• You can also access a secondary '20% deposit match up to $1,000' welcome offer.

DraftKings iOS app

DraftKings promo pros and cons:

Receive a $200 bonus if you win

No minimum odds requirements

You can’t withdraw your $200 in bonus bets as cash

Bonus bets expire in seven days

DraftKings responsible gaming  

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit https://gamblinghelplinema.org  (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit https://ccpg.org  (CT), or visit https://www.mdgamblinghelp.org  (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/KY/NH/PR/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 3/15/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: https://sportsbook.draftkings.com/promos. Ends 3/8/26 at 11:59 PM ET. Sponsored by DK.

4. Caesars Maryland welcome promo

$250 Bet Match, Win or Lose

Code: COVERS250BM

Claim $250

Caesars Entertainment has been a household name within the gaming industry since 1937. Caesars Sportsbook has made an immediate impact by offering MD sports bettors $250 in bonus bets, win or lose. This offer requires Caesars Sportsbook promo code 'COVERS250BM.'

There are just a few more things to know before registration with Caesars Maryland:

• Make a minimum $10 deposit to qualify.  
  
  
• Place an initial $1 wager on any sports betting market within 30 days of opening your account. 
  
  
• You'll automatically receive $250 in bonus bets, win or lose. 
  
  
• The bonus expires after 30 days. 
  
  
• This Covers-verified Caesars Sportsbook promo is valid until March 18, 2026. 
  
  

Read our Caesars Sportsbook review to find out more about the online sportsbook.

Caesars Sportsbook iOS app

Caesars Sportsbook promo pros and cons:

Easy to claim

You have 30 days to use your boosts

Low value for high rollers

Cannot combine bonus with other offers

Bonus cannot be withdrawn as real cash

5. BetMGM Maryland welcome promo

$1,500 First Bet Offer

Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.

COVERS

Claim $1,500

There aren't many betting sites as popular as BetMGM. Luckily for Maryland bettors, the operator isn't all talk, backing up its flash with up to $1,500 paid back in bonus bets. 

You can take note of these key terms and conditions attached to the BetMGM offer:

• It will be vital for users to have legal verification on hand during registration to confirm their identity. Input BetMGM bonus code 'COVERS' to access the bonus. 
  
  
• A $10 minimum deposit is necessary to be eligible for the promo. 
  
  
• Only your first real money wager counts towards the bonus. If it wins, you keep the winnings. Should it lose, you'll receive your money back as bonus bets.
  
  
• The bonus bets are doled out as 20% denominations on wagers of $50 or more. So, should you bet the maximum $1,500, you will get five $300 bonus bets. A losing wager of $49 or less will result in a single bonus bet instead.
  
  
• Bonus bets will appear in your account within 24 hours of the failed qualifying wager and must be used within seven days (168 hours).
  
  
• This offer expires on June 30, 2026.
  
  

BetMGM iOS app

BetMGM promo pros and cons:

Bonus bets paid out in five equal installments

Large maximum bet amount

Clear terms

Bonus bets cannot be withdrawn as cash

Each bonus bet cannot be used on multiple wagers

No bonus if you win your initial wager

6. Fanatics Sportsbook Maryland welcome promo

Fanatics Sportsbook is an up-and-coming U.S. operator that is making a name for itself by offering new bettors in Maryland a great welcome bonus, which we've outlined below:

• No Fanatics Sportsbook promo code is required. 
  
  
• You must make a $10 initial deposit and place a $1 qualifying wager on any market with -200 odds or longer. 
  
  
• Fanatics Sportsbook matches your wager, up to $100 in FanCash.
  
  
• This promotion is available for your first 10 days using the platform, allowing you to unlock up to $1,000 in FanCash bonuses.  
  
  
• The bonus bets are non-redeemable, and each expires at 11:59 p.m. on the day of issuance. This offer is available until June 1, 2026. Alternatively, new MD bettors can opt to claim a 'Bet $30, Get $300 FanCash' bonus instead. 

Read our Fanatics Sportsbook review for additional information.

Fanatics Sportsbook iOS app

Fanatics Sportsbook promo pros and cons:

Up to $1,000 in FanCash

Bonus is allotted in multiple portions

Must place a qualifying wager for multiple days for a full bonus

Hard to keep track of

Latest Maryland betting news

Most common Maryland sign-up bonuses

As your foray into Maryland betting promos continues, you'll quickly find that the three most common sportsbook promos offered by nearly every sportsbook are first bet offer bets, initial deposit matches, and no deposit bonuses. 

first bet offer bet

A first bet offer bet is a wager that the sportsbook will match if it doesn't cash. For example, if you were to place a $400 first bet offer bet on the Baltimore Orioles, you would receive $400 in free site credit if the O's were to lose. However, no bonus credit is awarded if the wager does win, and the promo is considered null. first bet offer bets are usually considered the most valuable sportsbook promo since you are guaranteed a second shot at a potentially large payout.

Deposit match

A deposit match is when the sportsbook equals your initial deposit in bonus funds. As an example, if you were to make a first deposit of $250 to a sportsbook running this promo, you would get an additional $250 in first bet offer for your bankroll. From there, you could combine your real cash and the site credit to make a more significant wager, like a $500 bet on the Washington Wizards.

No deposit bonus

A no deposit bonus is when a sportsbook awards a new user bonus funds without first requiring them to deposit real cash. This offer type is generally available during massively popular sporting events, such as March Madness and the Super Bowl. Sportsbooks do this to try and draw in prospective bettors, as more people engage with sports betting than usual during these events.

What sportsbooks are legal in Maryland?

There are currently 12 licensed online sportsbooks that have fully launched in Maryland:

1. BetMGM
   
   
2. betPARX 
   
   
3. BetRivers
   
   
4. bet365
   
   
5. Caesars Sportsbook
   
   
6. Crab Sports
   
   
7. DraftKings
   
   
8. theScore Bet
   
   
9. Fanatics Sportsbook
   
   
10. FanDuel
    
    
11. LetsBetMD
    
    
12. Bally Bet
    
    

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