Finding the fastest-paying online sportsbooks in Maryland should be the goal for any avid sports bettor. Different mobile sites that legally operate in the Old Line State have multiple methods for making deposits and withdrawals from your account. The biggest difference for many of them is the speed at which they pay out into your account.
As always, make sure you’re using a fully-licensed and legal online sportsbook in Maryland to ensure that your withdrawals and deposits are guaranteed and fast.
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Top 5 Fastest Paying Maryland Online Sportsbooks
In the table below, we compare five Maryland online sportsbooks with the fastest payout options.
| Sportsbook | Fastest Payout Method | Average Withdrawal Speed | Minimum and Maximum Withdrawals | Instant Withdrawal? |
|---|---|---|---|---|
| Caesars Sportsbook | PayPal | Minutes, depending on method | Minimum is $1. Maximum is $25,000. | No |
| BetMGM Maryland | PayPal/Play+ Prepaid Card/Visa Fast Funds | Within 24 hours | Minimum is $10. Maximum is $25,000. | Yes for cash and Play+ card. |
| FanDuel MD | FanDuel Prepaid Play+ | Within 24 hours | Minimum is $1. Maximum is $10,000. | No |
| BetRivers Sportsbook | BetRivers Play+ Card | Within 24 hours | Varies by method. Minimum typically $10. Maximum is $25,000. | Yes for BetRivers Play+ card |
| DraftKings Maryland | PayPal/Venmo/Bank Wire | Within a Day | Varies by method. Minimum is $1. Max through online banking is $100,000. | No |
What is the fastest payout option at Maryland sports betting apps?
Since so much of your currency is electronic, it stands to reason that the method fastest paying Maryland online sportsbooks use are electronic. By this, we mean PayPal. DraftKings Sportsbook, BetRivers Maryland, and BetMGM MD allow you to withdraw funds directly through PayPal. FanDuel Sportsbook and Caesars Maryland only allow withdrawals through PayPal if it’s the same method used for your deposit.
Ultimately, the fastest method for getting a withdrawal in most cases is in person. Remember, Maryland has 10 retail sportsbooks where you can collect your money right away.
Many of the fastest-paying sports betting apps in Maryland have their own gift cards that they can add funds to instantly. BetRivers and FanDuel each offer players gift cards where funds can go immediately. If you’re a traditionalist and have your sportsbook account linked to your bank account, funds can usually be transmitted within a day, but be aware bank holidays can slow that process down.
Maryland sportsbook promos
When new players sign up with a licensed sportsbook, they’re usually welcomed with Maryland sportsbook bonuses to help fill out their account.
The biggest welcome bonus in Maryland comes from Caesars which gives new players up to $1,250 of their stake back after a losing first bet.
BetMGM has the same type of deal, except they cap the limit at $1,000. BetRivers lists their welcome bonus as $250 second chance bet.
While Caesars has the biggest number, maybe you don’t want to bet that much on one bet, so the BetMGM and BetRivers deal has appeal.
FanDuel and DraftKings have different approaches for new players. FanDuel offers $200 in bet credits after a $20 bet. DraftKings offers $150 after a $5 bet.
These bonuses come to you as site credit or bonus bets. They aren’t just cash you can withdraw. Caesars isn’t giving you $1,250 in cash. It’s giving you up to $1,250 in site credits if your first bet of that amount or more loses. (If you bet $2,000, you only get $1,250). How soon you can withdraw these bonus amounts is called a playthrough requirement. This means that a certain amount of the original bonus must be wagered before you can withdraw the money.
Caesars, FanDuel and BetRivers, have a 1X playthrough requirement meaning you only need to make one bet with the bonus funds and any profit will go into your cash balance. DraftKings has a 25x playthrough requirement meaning you must bet $25 of real money to unlock $1 of bonus funds.
BetMGM does not allow you to cash out your Bonus Bets.
The bonus bets and site credits are usually only valid for a limited period, usually one to two weeks. Check the full terms and conditions of the offer before signing up.
What is the minimum amount I must deposit at a Maryland sportsbook?
To unlock the welcome bonus, Maryland online sportsbooks mandate that you outlay a certain amount of seed money into your new account. It’s usually $10, like at FanDuel, BetRivers and BetMGM but varies depending on the sportsbook. Caesars requires a $20 deposit. DraftKings only wants $5.
Are there delays when depositing money?
Not at all. Remember, this is all done with the idea that it should be fast, safe and secure. Deposits into fast-paying Maryland sportsbooks are usually instant.
Responsible gambling help in Maryland
Maryland is one of the leading states in putting in safeguards so that your gambling habit doesn’t turn into an addiction.
The Maryland Alliance for Responsible Gambling (MARG) has resources available such as:
- Speaking to a counselor at 677-214-2120.
- An online self-assessment test where you can see if your gambling has become a problem.
The state of Maryland also sponsors a Voluntary Exclusion Program, where residents can apply in person at Maryland Lottery and Gaming Headquarters in Baltimore. If accepted, residents will be tracked and excluded from entering any Maryland casino, and prohibited from enrolling at any licenses sports betting operator. You can elect to be on the list for your lifetime or a minimum of two years.
Frequently asked questions
What sportsbooks in Maryland offer the fastest payout?
Maryland has a healthy number of reputable online sportsbooks and players would be wise to search for the sportsbooks with the best fast cash-out and withdrawal options. Caesars, BetMGM, FanDuel, Betrivers and DraftKings all offer payouts within a day to most major bank accounts, but it varies. Players with PayPal accounts who also use those for deposits can see their payouts instantly. For the most part, expect to see your winnings as cash in your bank account within a day.
What are the minimum and maximum withdrawals for Maryland online sportsbooks?
Again, it varies by method. As you would expect, the minimum amount you can withdraw is low, just $1 at most Maryland online sportsbooks. The max varies depending on the sportsbook and the method of your withdrawal. DraftKings allows the biggest withdrawal to your bank account at $100,000.
How does the platform (mobile app vs. desktop website) affect payout speed?
They are both seamless. Mobile apps and desktop websites are running the same software and as long as you’re signed into your account you should have no issues with a payout. Making a request on an app or through the desktop site should have no impact.
How do I know my money is safe at Maryland online sportsbooks?
The state of Maryland has strict laws and policies on online sports betting. The Maryland Lottery and Gaming Control Agency sets a standard for operators to apply for licenses and then follows up with evaluators checking to make sure that they are providing the service that’s promised.
You can always look for the MLGA logo on a website which helps authenticate that your money is safe and the odds are fair.