Free Bet Offers And Promos at Maryland Sportsbooks

Online sports betting is coming to Maryland. This page will be updated with the latest promos and sportsbooks as soon as MD sports betting is live. 

The significant advantages that online sportsbooks have over land-based sportsbooks is the bonuses and promos. As a new player at any online sportsbook in Maryland, you can get access to multiple promotions, for example:

  • Free bets
  • Risk-free bets
  • No deposit bonuses
  • Deposit matching bonuses
  • Free contest entries

Once you register as a new customer, deposit on the site, and start betting more regularly, the sportsbooks will throw more promos your way to keep you interested. These may come in the form of parlay insurance, reload bonuses, odds boosts or live bet promos.

As the online sports betting industry is so competitive, books have had to find new ways to attract new customers and keep them. Hence, sportsbooks will use bonuses to gain an edge over their rivals. Think of it as a win-win situation: You get benefits, and the legal betting site gets a new member.

How do free bet bonuses work at Maryland sportsbooks?

Established sportsbooks offer multiple promotions to entice new customers. Most of the time, the first reward you’ll get will be free bets.

Free bets aren’t actual money you can withdraw; they are site credits you can use to bet at the sportsbook. If you win the bet, you can cash out your winnings.

Keep in mind that the winnings from free sports bets typically do not include the initial free bet stake. For example, if you use a free bet worth $100 to bet at odds of +200 and win, the initial free bet ($100) would not be part of your winnings. Instead, the $200 that you won is the actual withdrawable amount.

There are several types of free bet promos that you’ll find at Maryland online sportsbooks. In most cases, the value you receive will correspond to your deposit or your stake.

Some betting sites, meanwhile, do even more to attract customers by offering no deposit free bets. With such offers, you don’t have to deposit funds to get the bonus credits. You’ll receive them merely for signing up.

How to claim an online free bet bonus

Claiming free bets is not hard. To get your hands on one, take the following steps:

  • Pick one of the sportsbooks featured on this page.
  • Hit the link to go to the sportsbook’s website.
  • Sign up for an account, enter the bonus code if necessary.
  • Deposit a qualifying amount of funds.
  • Pick your sport, find odds you like, and wager.

These are some of the best MD sportsbooks free bet bonus offers that are available, along with how to claim them:

DraftKings Sportsbook

DraftKings Sportsbook, one of the leading sports betting sites in the country, currently gives out $50 worth of free bets to new members in addition to a 20% matching deposit bonus of up to $1,000. Altogether, that’s $1,050 in free bet credits you can get for signing up with DraftKings.

The $50 free bet package releases in installments of $5 each and will automatically appear in your account once you deposit funds. You can use the boost on any type of wager — moneyline betstotals odds, point spread betting, prop bets, you name it.

Subsequently, DraftKings will match your initial deposit at a rate of 20%, up to a maximum of $1,000. Put differently, if you deposit $250, the sportsbook will give you an additional $50.

BetMGM Sportsbook

Yet another elite brand, BetMGM Sportsbook MD will welcome bettors with a risk-free bet of up to $1,000. This type of bonus gives you a full refund in free bet credits up to the specified amount if your first wager on the site is a loss. If it wins, you’ll get paid as you normally would and won’t be eligible for the refund.

To trigger the offer, use the code PLAYBONUS upon registration. Doing so will also unlock another bonus — a free $10 weekly bet you can use on any sport.

FanDuel Sportsbook

One of the many strong suits of FanDuel online sportsbook app is its welcome bonus — a  risk-free bet of up to $1,000. Here’s the drill:

  • Create an account with FanDuel.
  • Bet of at least $10 but less than $1,000. The sportsbook will refund your initial stake, up to the offer’s maximum, in free bets if your bet loses.
  • The free bets will appear in your account within 72 hours.
  • If you win a bet using the refund, your winnings will convert into withdrawable cash (minus the stake).

How to use a promo code to claim free bets

A promo code or a bonus code is a combination of letters and numbers that you input in one of the registration boxes while signing up at a sportsbook to claim promotion.

Free bet bonuses and other promos

You’ll find a variety of bonuses at Maryland sportsbooks, generally in two categories:

  • Sign-up or welcome bonuses 
  • Bonuses for existing customers: Those who have made one (or more) deposits on the site.

Welcome bonuses

Welcome bonuses get a lot of attention because they tend to be the most lucrative. There’s a catch, however. These promotions are for new customers only, and they’re a one-time offer.

In general, you can redeem a welcome bonus after your initial deposit or your first bet on the site. Sometimes, though, all you have to do is create an account.  Here are the most common variations of sign-up offers:

  • Risk-free bets: The sportsbook will refund all or a part of your first bet if it loses. This is a good deal when luck turns its back on you. Basically, the sportsbook is giving you a second chance to win.
  • Match bonuses: With this type of bonus, the sportsbook will match whatever sum you deposit, up to a certain amount, in free bets.
  • No deposit free bets: These are as close to “free” money as it gets. Once you sign up for an account, the sportsbook will give you a small number of free bets without requiring a deposit.

Ongoing promotions

These bonuses are targeted toward users with an existing account at the sportsbook who have already tapped the welcome bonus. Ongoing promos work pretty much the same as welcome bonuses with one key difference: you can use these promotions multiple times. Let’s go over the main iterations:

  • Odds boosts: In some cases, the sportsbook will give you better prices if you bet on a specific sport. Typically, this type of promotion targets marquee markets like Super Bowl odds or NBA Finals odds. Some odds boosts give bettors a boosted/enhanced price for creating a parlay of three or more legs.
  • Event-specific bonuses: During prime-time sporting events like the Olympics or US Open odds for tennis, betting action increases. This is when the books release a range of special bonuses, including free bets, reduced juice deals, and reload bonuses.
  • Refer-a-friend promotion: As the name implies, this promotion rewards you if your friend signs up to the sportsbook via a referral link. The sportsbook will give you a small portion of free cash or free bets.
  • Insurance promotions: A common variation of an insurance deal will refund your stake if one leg of your parlay loses. There are also insurance bonuses that will return your stake in case of specific occurrences, such as a scoreless draw in soccer or if an NBA game goes to overtime.

Always check sports bonus terms and conditions

All online sportsbooks impose terms and conditions on their promotions. Basically, these are guidelines on how to use the bonuses properly, so it’s important to read the fine print before making any financial commitments. Here are the key terms to look for when shopping for the best bonuses in Maryland:

  • Wagering, rollover, or playthrough requirement: This figure is a multiplier that indicates how much of the bonus cash you need to spend before being able to cash it out. It can make or break your chances of converting the bonus money into withdrawable cash.
  • Odds restrictions: Some sportsbooks may place minimum odds restrictions on rollover requirements. For instance, some risk-free bets won’t apply unless the qualifying bet had odds of -200 or higher.
  • Time limitations: This is the amount of time you have to place the qualifying bet. It can also apply to the period in which any free bets are valid.
  • Markets allowed: In most cases, you must use a free bet on single wagers. Sportsbooks typically do not allow parlays or teasers bets.

How to download a sportsbook app in Maryland

The majority of sportsbooks have released standalone apps for iOS and Android, allowing you to bet while on the move.

Via the apps, you can access all the available features on the main website, including promotional offerings. Here’s what you need to do to claim free bets on the go:

  • Visit the regulated sportsbook site of your choice.
  • Find the mobile section on the site.
  • Click on the download link and install the app on your iOS or Android device.
  • Sign up for an account and make the qualifying deposit/bet.
  • Find the promotions tab and opt-in for the bonuses.

It’s worth mentioning that many sites will require location verification to confirm that you’re within Maryland’s borders at the time you’re attempting to bet. The sportsbook will pinpoint your location via geolocation software.

Free bets FAQ

What is the maximum free bet bonus you can get?

The exact value of a free bet varies from one site to another. You can typically find maximum values of $500 to $1,000, depending on the sportsbook.

What are playthrough requirements?

The playthrough is the number of times you would need to wager to clear the bonus and withdraw any winnings.

What is matched betting?

Matched betting is a technique bettors implement to secure a profit from free bet promotions. It’s based on math rather than chance or gut feeling.

What sports can bet on using free bets?

Most of the time, you can use online free bets for wagering on any sport in the book’s portfolio. With some types of free bet promotions, you’ll be able to use the credits on specific events only.

Can I cash out wins from a free bet?

Yes, you can cash out your winnings. If your free bet is successful, the winnings will be yours to keep and withdraw, usually minus the initial free bet stake.

Is there a maximum on free bet winnings?

Well, it depends on the offer. Sportsbooks usually put payout caps on no deposit bonuses, effectively limiting the amount you can withdraw once you meet the wagering requirements.