You’ll never run out of promotions and bonuses to enjoy when it comes to Maryland’s sports betting websites. That’s why it’s worth doing your homework to see what they have to offer you. In this article, we’re going to tell you all about deposit match bonuses in Maryland and how they can multiply your deposit funds.
Matched Deposit guide in MD
Welcome bonuses can come in many different forms, but matched deposit is the most common in Maryland. This means that online betting sites match your first deposit up to a certain amount, usually up to 100%. In most cases, the bonus money comes with wagering requirements that must be met before you can pick out any winnings. In this guide you’ll be able to read all about deposit matches and all that comes with it.
Best Deposit Matches bonus
Not all deposit match bonuses in Maryland are made the same. Still, you can bet that these top sportsbooks in Maryland will offer the best out there.
Barstool Sportsbook Matched Deposits MD
The Barstool sportsbook MD match bonus lives up to what bettors expect from such a reputable name in sports betting. As a reward, the bonus will match part of the initial deposit, giving new players a much bigger fund to play with.
Fanduel Maryland Matched Deposits
Fanduel in Maryland is also another top sportsbook that offers that type of bonus. The Fanduel deposit match is very competitive, standing shoulder to shoulder with what’s offered by other leading sports betting sites.
BetMGM Deposit Matches MD
After making quite a big splash in Maryland sports betting, it’s no surprise that the BetMGM deposit match is incredibly generous. The bonus matches 100% of the new customer’s deposit, up to $500 in total.
A 50% deposit match Maryland sportsbooks tend to offer is already quite impressive, but BetMGM offers double that amount.
Pointsbet Maryland Matched Deposits
The Pointsbet deposit match is also one that puts it above many others. The bonus percentages and maximum values make it one of the most competitive deposit match bonuses in Maryland sports betting.
Matched Deposits at Draftkings MD
This list wouldn’t be complete without Draftkings. Don’t let the 20% bonus fool you. It might not sound like much at first until you find out that the maximum value of the bonus is $1,000.
Info on Deposit Matching Bonuses in Maryland
The deposit match bonus offered by Maryland online gambling operators is very straightforward to understand. The bonus goes by several names, so some sportsbooks might call it a deposit match or a deposit bonus.
Whatever it’s called, it simply means that the sportsbook will match a percentage of your initial deposit. That bonus amount will be in your sportsbook account for you to use to make bets.
A 50% deposit match Maryland sportsbooks sometimes offer is an excellent bonus amount. But it’s a very competitive industry, so some might offer a smaller or larger percentage than that.
Plus, sportsbooks will also have a different maximum amount for the deposit bonuses they give out. So, it could be an amount like $200 or even up to $1,000 and beyond.
Maryland sports betting sites offer these bonuses to attract new customers. However, some might also have similar bonuses offered to existing bettors as a reward for their loyalty.
Know your Matched Deposit bonuses in MD
Maryland sportsbooks constantly have ongoing bonuses and promotions to keep things exciting for customers. So, why should you care about deposit match bonuses in particular?
Well, for starters, these are usually one-off bonuses. The sportsbook will offer it to new customers and only for their first deposit. So, it’s a rare opportunity that you can only enjoy once.
Besides that, the benefits are significant. You’re essentially receiving free money from the sportsbook to make bets that you might not otherwise have the budget for.
So, for those reasons and more, you should compare Maryland sportsbooks based on their deposit match bonus and get the most out of your signup.
Banking methods to enjoy Deposit Bonuses
Maryland sportsbooks each have a long list of banking methods that you can use to make your initial deposit.
Most of them are the same, including the likes of:
- Credit and debit cards
- Bank transfers
- E-Wallets like Paypal
- Gift cards and Prepaid Cards
Still, you’ll want to check the terms and conditions to see if the sportsbook requires you to use a specific payment method to enjoy the deposit match bonus.
For instance, many Maryland sportsbooks have their self-branded prepaid cards. Some might want to encourage the use of those prepaid cards by making them a required payment method to unlock the deposit bonus.
The pros and cons of Deposit Matches in Maryland?
People love to say that nothing good comes easy, but that’s not the case with deposit match bonuses.
Still, they do have their fair share of pros and cons that you must make sure you’re aware of.
The pros of Deposit Matches in Maryland
- Easy to Unlock: First and foremost, Maryland sportsbook’s deposit bonuses are incredibly easy to unlock. They want you to have the bonus to attract your business, so they’re not going to make you jump through too many hoops to get it.
All you have to do to unlock it is to register with the sportsbook and make your first deposit.
- Bigger or More Bets: Everyone has a limited budget for their sports betting. With a deposit match bonus, you’ll have more funds to make bigger or more bets than what you initially deposited.
- Combine with Other Promotions: Remember: Maryland sportsbooks always have all sorts of promotions and bonuses going on. Quite often, you’ll be able to combine the deposit match bonus with them to get even more value from your experience.
The cons of Deposit Matches in Maryland
- Terms and Conditions: Deposit match bonuses are offered by individual Maryland sportsbooks. So, they’re the ones who set the terms and conditions. They can also change those conditions at any time they see fit, which is why you must always read the fine print before signing on.
- Other Limitations: Even though the deposit match bonus feels like ‘free money’, there are strings attached. So, there will be limitations to how and where you can use those funds.
Matched Bet bonuses terms and conditions
The terms and conditions for deposit match bonuses in Maryland are incredibly important. Here are a few key conditions that you must find out before choosing which Maryland sportsbook to go with.
- The terms and conditions for deposit match bonuses in Maryland are incredibly important. Here are a few key conditions that you must find out before choosing which Maryland sportsbook to go with.
- Expiration dates: Bonuses and promotions don’t last forever. To avoid missing out, be sure to find out how much time you have before your deposit match bonus expires.
- Minimum deposits and maximum bonuses: Maryland’s sportsbooks also place minimum deposit requirements to unlock the deposit bonus. Plus, they also have a maximum amount that they’ll give to you as a bonus.
Finding out the minimums and maximums will allow you to choose the Maryland sportsbook that will give you the most value for your money.
- Do’s and Don’ts of Spending The Bonus: Are there any restrictions on what you can or can’t do with your bonus funds? Check to be sure!
Deposit Match bonuses in Maryland: The big picture
We’ve explained quite a lot about deposit match bonuses in Maryland already. So, let’s put all of that info in a nutshell for you to understand the big picture. Maryland sports betting websites offer a deposit bonus to help attract new customers. Sometimes, they also do the same to reward loyal players as well.
These bonuses work by matching a part of your initial deposit into your sportsbook account. A 50% deposit bonus Maryland sportsbooks sometimes offer is expected. However, some sportsbooks will offer a lower amount or one that goes to 100% or beyond.
To claim it, new users have to first register for an account with the sportsbook. Then, they’ll have to make their first deposit and include a unique code to include the deposit match bonus.
That code is available on the website or you can also call customer service to be sure. Those bonus funds will be reflected on the sportsbook account immediately, and you can use them to place bets.
FAQ’s About Deposit Match Maryland
Is the Deposit Match bonus only a one-time thing?
Yes, you can only claim the deposit match bonus once upon signup as a new customer. However, everything is always up to the Maryland sportsbook to decide. In some cases, there might be similar bonuses for loyal customers as well.
Can I use credit cards to unlock the Deposit Match Bonus?
Yes, you can use credit cards and any other banking method that your chosen Maryland sports betting website accepts.
Can I wait until much later to claim the Deposit Match?
No, there’s usually a time limit on when you can claim the deposit bonus. So, be sure to claim it before it expires.
What if I want to withdraw and spend the bonus money as cash?
No, you can’t withdraw the bonus funds as cash. Maryland sportsbooks award the bonus to encourage you to be more active on the platform. So, they’ll restrict those funds to the sportsbook only.
Can I use the bonus to bet on any sport I want?
Yes, you can usually bet on any sports you want. As usual, that’s dependent on the house rules of the sportsbook that gave you the bonus. Although it’s uncommon, some sportsbooks might place restrictions on what sports you can bet on, what type of bet you can place, or what type of odds you can take on.