Fanatics Sportsbook launched in Maryland on Thursday, June 1, 2023, becoming the 10th mobile sportsbook in the state. Fanatics went live in the state after being licensed by the Maryland Lottery and Gaming Control Agency. Sign up with Fanatics Sportsbook Maryland and receive a welcome bonus worth up to $200 in bonus bets. No Fanatics Maryland promo code is needed.
Best Maryland sportsbook welcome bonuses in June
Fanatics, one of America’s most popular sportswear and team merchandise retailers, is valued at around $27 billion, and is hoping to make a splash on the sports betting scene and could become a major player now that is has launched in Maryland.
Keep reading to learn everything we know about Fanatics Sportsbook in Maryland, including what the current welcome bonus is.
Why choose Fanatics Sportsbook in Maryland
- Bet $5, Get $200 in bonus bets welcome bonus
- Partnership with NFL means potential for in-app streaming
- Backing of a large company
BetFanatics Maryland promo code 2023
You do not need a Fanatics Sportsbook bonus code to claim the Bet $5, Get $200 in bonus bets welcome bonus being offer in June 2023. Simply open a Fanatics Sportsbook account, place a qualifying $5 bet, and you’ll receive $200 in bonus bets.
Fanatics welcome bonus & promo code for June 2023
|BetFanatics Promo Code||Coming soon!|
|Welcome Bonus||Bet $5, Get $200 in bonus bets|
|Launch Date||June 1, 2023|
|Last Updated||June 6, 2023|
Terms and conditions apply to all offers. Please see Fanatics Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+
Fanatics sign-up bonus for MD — how it works
The Fanatics welcome bonus in Maryland is pretty straightforward. Register a new account with Fanatics to start. Next, make a minimum deposit, place a bet for at least $5, and when it settles you’ll receive $200 in bonus bets.
This is similar to one part of the offer you’ll find at DraftKings Sportsbook, where the overall welcome bonus is worth up to $1,250 in bonuses. Click here for DraftKings Maryland welcome bonus details.
Other sportsbooks in the state offer insured first bets, which is what you’ll find at FanDuel Sportsbook, for instance. Click here for info about the $2,500 FanDuel welcome bonus.
Meanwhile, Caesars offers a similar welcome bonus as FanDuel, though for a slightly larger amount, up to $1,250. Click here for Caesars Maryland sign-up bonus info.
When did Fanatics Sportsbook launch in Maryland?
Fanatics became the 10th online sportsbook to launch in Maryland went it went live on June 1, 2023. Maryland became the second state with a Fanatics online sportsbook after the operator launched in Massachusetts in the previous month.
Fanatics is the exclusive official jersey retailer for the NFL. The brand is also partnered with the Washington Commanders, opening a retail Fanatics Sportsbook at FedEx Field in late January. No word yet if any deals with Baltimore Ravens are forthcoming.
Much like the retail location, when the Fanatics Sportsbook app launches, you’ll need to be at least 21 years of age and in Maryland to place bets.
Can I trust Fanatics Sportsbook?
Yes. Fanatics secured its license from the Maryland Sports Wagering Application Review Commission on November 16. This gives Fanatics Maryland all the regulation and oversight to provide a high degree of consumer protection. You’ll have to be 21 or older and within Maryland state lines to bet with Fanatics.
Getting started at Fanatics Maryland sports betting
Making an account and getting started at a Fanatics Maryland Sportsbook will likely be easy. Here are the standard steps:
- Follow a link to the BetFanatics site or app download page.
- Download the app if necessary.
- Click the sign-up button.
- Input your personal information.
- Select a banking option, and deposit money into your account.
Once you’ve submitted and verified your information, you’ll be all set to start betting on sports in Maryland.
How do I download the Fanatics Maryland app?
To download the Fanatics Sportsbook app, you’ll head to the online sportsbook’s website and follow the links to ensure you’re getting the correct app. Most online sportsbooks have sports betting apps for iOS and Android devices, while this makes it easier to bet on your mobile device, it’s not necessary to get the apps. Most of the time, you can use your mobile browser and get roughly the same experience.
What kind of other promos might Fanatics offer?
Beyond the welcome bonus, Fanatics will likely offer additional regular promos for existing customers. That would mean that at any given time, there could potentially be four or five promos to check out, though maybe more or fewer.
One option we sort of expect to see would be odds boosts, where the sportsbook will voluntarily lessen its cut and improve the odds to sweeten the deal on certain bets. Usually, this means improving a line or a spread on a specific game or bet to offer better odds than normal.
We could also see things like profit boosts and bet insurance. These apply to specific qualifying bets, most often parlays. Profit boosts are typically percentages that act as multipliers to the dollar amount that your bet pays out if it wins (if you lose, usually you’re out of luck.)
Bet insurance and parlay insurance, on the other hand, offer refunds in the form of bonus bets — up to a set amount — if your qualifying wager loses.
Why should I choose the Fanatics Sportsbook app?
From what we know so far, here are some of the main likely benefits a Fanatics sportsbook could offer:
- NFL partnership: Fanatics is aiming to be a one-stop shop for NFL fans. As the exclusive NFL jersey retailer, Fanatics could end up securing NFL streaming rights and integrating live video feeds into the sportsbook platform. It also could provide NFL news and other content through the same platform.
- Competitive odds: This will be a major area to keep our eyes on if the Fanatics sportsbook launches in Maryland. Having top odds can make or break a sportsbook.
- Lots of bets: Whether you’re into the NFL or the NBA, or you’re a Maryland Terrapins fan looking to bet on college sports, you should be able to find what you’re looking for.
What won’t I like about the Fanatics sports betting app?
Here are some areas that we think Fanatics Sportsbook might stand to improve on:
- Frequency of bonuses: We’ll be interested to see the types of bonuses that a new sportsbook like Fanatics might offer. And just as importantly, how often users can claim them.
- App optimization: Fanatics has a lot of experience when it comes to a user’s online experience. Whether that experience will transfer over to a sports betting app remains to be seen.
- Payout speed: Banking as a whole is one of the most important areas of an online sportsbook. We’re hopeful that Fanatics has withdrawal options that allow users to get their money in a timely manner.
What kind of bets can I make at Fanatics online sports betting?
Standard options include moneyline, spread, over/under, prop, and futures wagers. Here are some examples of what you might find on the BetFanatics platform.
Which team is the favorite, and which is the underdog?
On a moneyline or spread bet, it’s easy to tell which team is the favorite and which is the underdog. Favorites have negative numbers (-120 or -3.5, respectively, for example), and underdogs have positive numbers (+110 or +3.5, say).
What do the odds mean?
On a moneyline, the odds correspond to the amount a bet pays out, or how much you have to bet to receive a specific payout. If the Terrapins are +150 on the moneyline, a $100 bet would stand to win $150. If the moneyline is -180, a bet of $180 would stand to win $100.
How point spread betting works
Point spreads are bets that consider the margin of victory in addition to the winning and losing teams. If you bet on the Terrapins at -4.5, they’d have to win by five or more for the bet to cash. If they’re +3.5, on the other hand, they can lose by three or fewer points and the bet would still win. And in that second example, the bet would also win if Maryland won by any score.
How to bet on totals
Total bets (aka over/under bets) don’t care about which team wins, but rather just the total number of points both teams will combine to score.
Prop betting at Fanatics
Like totals, prop bets generally don’t have much to do with picking which team will win the game. Instead, these are bets on other events within the game, like individual players to score a set number of points or other specific in-game situations.
Parlays at Fanatics
When you create a parlay, you make one bet that consists of multiple component wagers. The more components (or “legs”), the higher the odds. For your bet to win, all of the individual component wagers need to be correct. At most sportsbooks, you can make a parlay that includes bets from multiple games or one with multiple wagers all from the same game.
Sports betting futures are bets on season-long outcomes or what will happen in a distant tournament or postseason series. You might bet on a Super Bowl winner at the beginning of the NFL regular season, for instance. These bets tend to have high odds and can be notoriously difficult to win.
Live bets are bets that you make while the game is in progress. In the live betting section of the platform, sportsbooks offer live odds that change depending on events in the game. This allows you to bet on games while you watch them.
Can I bet on the Maryland Terrapins at Fanatics MD?
Yes. You can bet on the Maryland Terrapins football and basketball teams in the state, along with plenty of other NCAA football and basketball teams. You’ll likely notice even more promos and betting options around special events, like March Madness.
The standard bets will likely all be there, as well — moneylines, spreads, parlays and futures will be easy to find, and you should be eligible for frequent promos.
How do I get money on (and off!) a Fanatics online sportsbook quickly?
Online sportsbooks tend to offer an array of banking options. Here are some of the ways you will be able to deposit at Fanatics:
- Credit or debit card (Visa, Mastercard)
- Online bank transfer
- ACH e-check
- Online wallet (PayPal, Skrill, etc.)
Note that when it comes to withdrawals, sometimes the processing times can vary. Online wallets tend to process fairly quickly, while methods like e-checks can take longer. Online banking speeds can depend on your individual bank’s rules and practices.
Currently, Fanatics does not have an in-person retail sportsbook. This may change in the future.
How do I get help at Fanatics Sportsbook?
Fanatics offers several methods for customer support in the event you have an issue. You can use a 24/7 live chat, an email form for non-urgent queries, and there’s also a phone line listed on the Fanatics website.
How do I exclude myself from Fanatics?
If you feel that your gambling is becoming an issue, you’ll be able to head to the responsible gambling section of the Fanatics sportsbook website. There, you’ll likely find options to limit the amount you deposit, bet or lose in a set time frame or the amount of time you spend on the site.
If you feel your gambling is becoming a problem, there is also the National Problem Gambling Helpline at 1-800-522-4700.
How does Fanatics compare to other Maryland sportsbooks?
That’s the question we can’t wait to answer, but until Fanatics unveils its online sportsbook, there’s no way to evaluate it. Some of the biggest questions we’ll be looking to answer are:
- What is the Fanatics sign-up bonus, and how rewarding is it?
- Apart from the Fanatics welcome bonus, what types of promotions are offered?
- How do the odds at Fanatics Sportsbook compare to competitors like DraftKings, FanDuel, Caesars, BetMGM, and BetRivers?
- What are the live betting markets like at Fanatics?
Fanatics Sportsbook Maryland FAQ
What is the Fanatics Sportsbook promo code in June?
You don’t need a Fanatics Sportsbook bonus code to claim the $200 welcome bonus. Sign up with Fanatics Sportsbook in Maryland, deposit, and bet at least $5. You’ll get $200 in bonus bets when that wager settles.
What sets Fanatics apart in comparison to other Maryland sportsbooks?
Fanatics has a partnership with the NFL that could make it a standout option for football fans.
Who has better odds — Fanatics, Caesars, DraftKings, or FanDuel?
We’re in wait-and-see mode regarding seeing how Fanatics’ odds will compare to other top online sportsbooks in Maryland.
Will you be able to bet on college sports at Fanatics Sportsbook Maryland?
Yes, when Fanatics launches in Maryland, you will be able to bet on college sports, including games involving the Maryland Terrapins and other college teams based in Maryland.
Is Fanatics a legitimate sportsbook for Maryland sports bettors?
Yes, as a licensed online sportsbook, we believe Fanatics is a legitimate sportsbook for Maryland bettors.
Does Fanatics have an iOS app?
Fanatics will almost certainly have a free sportsbook app for iOS and Android.