The state of Maryland is a place to visit and as of lately it has taken the initial steps toward legalizing sports betting. Lawmakers in Maryland are evaluating and making suggestions about how to manage sports betting, but it’s anticipated to be a long process – consequent leaving sports gamblers with no other alternatives. That is, up until today. If you’re looking for a secure and legal way to wager on professional or college sports events in Maryland, there are other options.
Table of Contents
Maryland’s Current Situation Regarding Online Sports Betting
As we noted before, even though it’s allowed in Maryland, you can’t currently wager on sports. However, this will soon change. But that doesn’t imply that the state opposes conventional gambling in any way. Initial legal sports wagers will likely be placed at one of Maryland’s 6 casinos. Even though Marylanders decided to allow sports betting in 2020, they now have to wait to see if they want to participate in it.
As of January 13, 2021, the state assembly must adopt a sports betting measure that was supported by the state’s Speaker of the House. There are a slew of tasks ahead of legalized sports betting, including determining the tax rate, determining how many permits to issue, and much more. The measure passed the House by a vote of 130-9 in mid-March 2021, giving it further impetus as it advanced to the Senate.
The arduous job of getting this measure ready for Gov. Hogan’s signing is on top of the state law’s already hectic agenda, so we don’t expect sports wagering in Maryland until 2022.
Sports betting has been illegal in most states since PASPA was enacted in 1992 and was finally lifted by the Supreme Court in May of this year. As of now, each state in the United States is allowed to set its own rules on sports betting.
In Maryland State, there is a strong demand to legalize internet gambling. 53% of eligible voters support legal sports betting, compared to 37 percent of the population who are opposed to it, according to a study performed by the New York Post and the College of Maryland in October 2018. Since the repeal of PASPA, Maryland has taken a proactive stance.
In truth, a measure to legalize marijuana was brought to the parliamentary session in 2018 but was not voted on until the end of the parliamentary session.
Also read: Five Tips to Help with Your Sports Betting
How do people from Maryland place bets?
Citizens of Maryland have little choice but to utilize online sports betting sites that are licensed in their individual nations and hence lawful for anybody to use, as a result of the state’s stringent regulations.
Fortunately, another option to place as a wager is to use an offshore bookmaker. These Online betting companies that welcome Maryland residents with virtually no risk to the player are trustworthy when it refers to financial transactions and winning payouts may be found with a little investigation.
To make your life easier, you can follow and study this comprehensive guide to sports betting in Maryland, covering the legal situation, listing the best sportsbooks in Maryland and reveal where you need to go to find the biggest and best sign-up offers for new players.
Is It Legal To Bet on Fantasy Sports in The State of Maryland?
Although Maryland law does not specifically address fantasy sports, the state has taken measures to clarify that such activities are exempt from the state’s gambling regulations. In September of 2018, the State Lotto and Gaming Board was also given the authority to regulate fantasy sports.
The current economy of Maryland is thriving, and there are no signs that it will slow down any time shortly. There are questions about whether or not fantasy sports will be legal in the state.
No deposit bonuses in Maryland
There is a possibility that some overseas platforms that are accessible from Maryland offer sports betting with no initial deposit required. However, despite the lack of oversight, the use of these websites is not illegal in the state of Maryland.
When online sports betting becomes legal in Maryland, just like it is in other states, we expect to see a multitude of incentives and promotions being offered. Match bonuses and so-called “no-deposit” bonuses are potential candidates for inclusion in this category. Both of these types of bonuses allow you to place free bets without putting any of your own money at risk.
What does the future look like?
A change in the constitution was required to make the legalization of sports betting possible on the ballot for the November 2020 election, and that change was made possible by the ballot item in question. There are currently no regulations in place, but the legislature is scheduled to get together again in January 2021 to discuss the possibility of regulating sports betting in some way.
It is still too soon to tell for certain, but it seems like Maryland is moving in the right direction toward the legalization of sports betting. At this point, it’s more of a question of “when” than “if” it will happen.
Opinion polls of the government and the cries of outrage in response to the recent ruling in Washington, DC to allow legal sports betting.