If you’ve ever checked out Maryland sportsbooks, you’ll see they always have promotions and bonuses going on. Most of them come and go, but the deposit match is always on offer for new signups. To help you take advantage of that bonus, we’ll tell you everything you need to know about it in this article. Keep on reading!
Claim the Deposit Match Bonus – MD Sportsbooks
All of it starts with you signing up for an account with a Maryland sports betting site. Once that account is ready, then you can make your first deposit at the Cashier or Deposits page. There, you’ll select your payment method, key in your deposit amount, and include a unique code for the deposit match bonus.
They’ll usually inform you of the code upon signup or somewhere on the website where it’s easy to find. If not, you can always call their customer service hotline to find out what it is. Once the deposit is made, the bonus funds will be ready for you to use. It’s that straightforward!
Maryland best deposit match bonuses
Before we get to the nitty-gritty of it all, here are the operators who offer the best deposit match bonuses you’ll find in Maryland.
Whether you’re into sports betting or not, Barstool is undoubtedly a name you’ve heard many times before. The Barstool sportsbook in Maryland is one of the best places to enjoy a deposit match bonus, so check their website to see their latest offerings.
Next up, we have BetMGM Maryland, another big name in sports betting across Maryland. How big are they? Well, the BetMGM deposit match is 100% of your initial bonus, up to $500 in total. Picture this: you’re funding your BetMGM sportsbook account with $500, but you’ll have $1,000 to play with!
Both new and experienced Maryland sports bettors just love FanDuel Maryland, and it’s easy to see why that is. They, too, welcome new players with an exciting deposit match, exclusive to those signing up for the first time.
Check out their website to see what their deposit match looks like now!
The Draftkings Maryland deposit match also earns it a spot on this list. The bonus will match 20% of your deposit, with a maximum value of $1,000! That’s probably the largest bonus you’ll find anywhere in Maryland.
Check out the Pointsbet Maryland deposit match, as well. You’ll need to check the website for the latest bonus percentages and values. Still, they never disappoint when it comes to rewarding new customers for signing up.
What is a Deposit Match?
Let’s go back to basics and explore what a deposit match is and why Maryland sportsbooks offer them.
At first glance, something like the 50% deposit match Maryland sports betting sometimes offers to you might seem too good to be true. Nevertheless, it’s a very common practice among sportsbooks all across the state.
Sportsbooks offer this generous bonus as a way of encouraging new customers to sign up for an account with them. But, you see, sports betting in Maryland is incredibly competitive, so they have to offer little incentives like this to attract new players.
As you might already know, some of the leading names among Maryland sportsbooks can afford to be very generous to new players. But that’s excellent news for the players who get more bang for their buck.
Should you care about a sportsbook’s deposit match bonus?
A bonus is just that: a bonus. It’s something extra that sportsbooks throw into the mix to make things interesting. Still, you don’t have to take it if you don’t want to, for whatever reason. It’s entirely up to you.
With that said, you’d be a lot better off if you did. Sure, it’s practically ‘free money’ that might help you win bigger on your first few bets. More importantly, though, it’s a chance for you to experience more of what your chosen Maryland sportsbook has to offer.
Everyone has a limited budget when it comes to sports betting. With a deposit match, however, you’ll be able to do more with your sportsbook and gain first-hand experience using their platform.
In simple terms, these Maryland bonuses will make it much easier for you to develop comfort and trust with your chosen sportsbook. In addition, that will make it easier for you to have fun on the sports betting site in the future. So, yes, you should make the most of the deposit match bonus they offer you!
Benefits and drawbacks of deposit match bonuses
When it comes to any bonus or feature of a Maryland sportsbook, it’s always best to get the complete picture of what it’s all about. So, here are the benefits and drawbacks of the deposit matching bonuses that these sports betting sites offer.
The benefits of Deposit Matching bonuses in Maryland
- Easier way to learn the platform: One of the primary benefits of a deposit match bonus is that it allows you to learn more about the sports betting site you’ve chosen.
Typically, new players will have a limited budget to place bets and experience what the site offers. However, with a deposit match bonus, that budget will be higher, allowing you to place different types of bets in larger amounts.
- Extra funds for betting: New players are excited and ready to play, especially when betting on their favorite teams. With the extra funds from the deposit match bonus, they’ll be able to bet bigger than they initially hoped to.
- Mix and match with other promotions: The deposit match bonus isn’t the only one that Maryland sportsbooks offer. They’ll have plenty of others as well.
Depending on house rules, you might be able to mix and match several bonuses along with the deposit match bonus.
The drawbacks of deposit matching bonuses in Maryland
- Different terms and conditions: The percentages and maximum values of deposit match bonuses aren’t the only things that differ between sportsbooks. The terms and conditions they apply to the bonus will also be different.
So, you’ll need to do a bit of homework to see what they are and whether they make the bonus worth it for you.
- Rules about banking methods: As part of those terms and conditions, sportsbooks might also ask that you use certain types of banking methods and not others to make your deposit.
That could be a problem if you don’t have access to the payment method they require.
How do you deposit money to enjoy Deposit Bonuses in MD?
As the name suggests, you’ll need first to make a deposit to enjoy a deposit match bonus. That can be done using any of the banking options that your chosen Maryland sportsbook accepts, like:
- Credit and debit cards
- Bank transfers
- E-Wallets like Paypal
- And more.
But, as we mentioned earlier, some MD sports betting websites might require you to use one or more specific deposit methods to enjoy the bonus.
In most cases, that’s not a problem. Switching deposit methods is just a click away. However, it might be a challenge if the required deposit method is one that you have no access to. That’s why you’ll want to do your homework and read the terms and conditions first.
Some more bonus options in MD:
Important terms and conditions to consider
Despite how the terms and conditions can be different between Maryland sportsbooks, most of them will have a few similarities. These are the essential terms and conditions to look out for when you compare deposit matches across sports betting sites:
Minimum deposit requirements:
Maryland sports betting websites will ask you to deposit a minimum amount of money before you can enjoy the deposit match bonus.
That isn’t too much of a problem. No sportsbook will want to scare you away, so the minimum amounts are really low, from anywhere between $5 to $50. Still, the requirements can be different between MD sports betting sites, so check first to be sure.
Maryland sportsbooks don’t just want you to sign up for an account with them, but they want you to start placing bets. That’s why the deposit match bonus will have an expiration date of some kind.
You’ll want to know what that expiration is so that you don’t miss out on the bonus funds.
Rules about specific sports or odds:
There are some restrictions on how you can use the 50% deposit bonus Maryland sportsbooks put in your account (or whatever the amount might be). or example, the sportsbook might limit you to specific sports or bets with certain odds.
FAQ’s About Deposit Match Maryland
Can you claim this bonus more than once?
The unique code they give you for the bonus will only last one time. Maryland sportsbooks reserve the deposit match bonuses only for first-timers who sign up with them.
Can I use whichever banking method I want?
Generally, any payment method that the sportsbook offers is okay to use. However, some sportsbooks might ask you to use specific deposit methods to enjoy the bonus.
Does the Deposit Bonus ever expire?
Yes, the bonuses do expire. Always check the terms and conditions to be sure not to miss out!
Can I take the Bonus funds out if I don’t use them?
No, you can’t. Even though the funds belong to you, they’re meant to be spent at the Maryland sportsbook and can’t be withdrawn as cash.
Can I place any bet I want with the bonus?
Yes, you can bet on any sport you want, however, you want. But, of course, that’s subject to the terms and conditions of the bonus.