So you want to start betting on football in Maryland, but you do not know where to start. Luckily for you, we have done all the hard work, creating an extensive guide to introduce you to the world of football betting.
Guide to Betting on Football in MD
Football betting in Maryland is bound to be an exciting experience, but you should take the time to treat it as a skill. Understand the basics, understand the risks, and set yourself up with at least one reputable sportsbook. In no time at all, you will be well on your way.
On this page, you’ll be able to learn the basics of betting on America’s favorite sport, including:
- Understanding the Basics of Football Betting
- Advantage and Disadvantage of Football Betting
- Tips for Beginners
- The Best Sportsbooks in Maryland for Football Betting
By the time you finish reading, you will be well-equipped to start football betting. There is no better time to start learning!
Best Football Sportsbooks in Maryland
The great thing about football sportsbooks in Maryland is that they tend to be the same with a few distinguishing features. Every football sportsbook MD in the section is both legal and highly recommended, so it comes down to your personal preference. We will highlight the basics to get you started.
FanDuel Football Sportsbook MD
- Minimum Deposit: $10
- Minimum Withdrawal: Any
- Welcome Bonus?: Yes – Up to $1000 Risk Free Bet
PointsBet MD Football Betting
- Minimum Deposit: $5
- Minimum Withdrawal: None
- Welcome Bonus?: Yes – Two Risk Free Bets up to $2,000
DraftKings Online Football Betting
- Minimum Deposit: $5
- Minimum Withdrawal: $20
- Welcome Bonus?: Yes – Up to $500
BetMGM Maryland Football bets
- Minimum Deposit: $10
- Minimum Withdrawal: $20
- Welcome Bonus?: Yes – Risk free bet up to $600
Barstool Sportsbook Football Betting MD
The Barstool Sportsbook Maryland offers very good stats for football in MD, with a easy and intuitive platform, they are in the top for your football betting needs.
Football Betting Maryland
If you have never participated in sports betting before then, you are at a disadvantage. It is more than just picking who you think will win and walking away with more or less money.
Before you even think about putting money down, you need to understand two things: how to read odds and how the different types of bets function.
Reading Football Betting Odds in MD
Odds tell you a few things:
- Who is favored to win
- Who is likely to lose
- How much you can win
If it is determined that a team, individual, or situation will come out on top, they will be assigned the lowest number. The most significant number is always going to be the choice that is least favored, the longshot. We can do an exercise with this.
There are two teams. Team A has odds of -250, and Team B has odds of +125. Which team is likely to win, and which team is expected to lose?
If you chose Team A as likely to win and Team B as likely to lose, you are correct. This is because Team A has the lower number, a negative 250, while Team B has a positive 125.
These numbers also tell you how much money you stand to gain.
The polarity of the number (+/-) tells you how the win translates to the amount you receive. A positive sign indicates that you will win that amount for every $100 you bet. A negative sign means you need to bet that much money to potentially win $100.
So with Team A, you would need to bet $250 to win $100. With Team B, you would win $125 by betting $100 (if they won).
While betting functions in units of 100, you are not limited to betting in units of 100. While it depends on who is booking your bet, you can lay down pretty much any amount you want. It works on a ratio.
So if you bet $125 (one half of $250) and win, you will win $50 (one half of $100).
8 Types of Football Betting Maryland
Betting has evolved beyond a simple statement of “I bet the Baltimore Ravens are going to win this game!”. Instead, it has become more like:
“The Ravens are going to win the game with a point spread of -5.5.”
“The game is going to go under the O/U of 46.”
“There will be exactly two touchdowns in the first half of the game.”
Football online sports betting in Maryland has evolved right alongside the game, and there is no reason to expect football betting in Maryland to be any different.
Your most common types of football betting types will be:
- Prop Bets
- Point Spreads
- If Bets
Moneylines Football betting
We are starting off with an easy one here. Moneylines bets are football bets that require you to choose which team you think will win the game.
If you are not ready to risk your money, you choose the team with the better odds (remember:, the lower number is favored to win).
If you are feeling lucky, you can toss your funds at the underdog (higher number), and you might wall off with a more sizable sum.
Either way, moneylines are a decent place to start. They require little specific knowledge because you could probably just look at the odds and make your decision. Of course, you won’t win much if you stick with strict moneylines, but you could win a modest amount.
Futures bets in MD
On the other hand, we have futures. These are difficult to predict, but that is okay. You are basically in the same boat as everyone else when you are trying to figure out who will win the Superbowl on the first day of the season.
When betting on futures, you should try to lay your money down as soon as you can. The more length of time between your bet and the revelation, the more you stand to make.
Of course, this also means that a lot can change in that time. This is why you should limit your future bets when football betting. They are more of an opportunity for being pleasantly surprised than serious calculated risk.
Prop Bets Maryland Football
These are the obscure bets that you can make over pretty much any detail, but they operate in a shorter timeline than future bets.
Any question you can ask that will have an indisputable answer can be a prop bet, like “who will score the first touchdown?” or “which team will call timeout first?”.
It can be more difficult to accurately predict these bets, but they are a great option for breaking the ice in football betting.
Over/Unders (AKA Totals)
This is where we start to get technical.
Over/unders are a style of bets where the total points of the game are predicted. From there, you will have to bet on whether you think the total point will either be under or over the prediction. It sounds easy enough, right? You do not even have to pick who wins.
A key to deciding on these bets is able to consider how each team’s offensive and defensive lines will hold up against each other. If you can master this, then you can more accurately predict Over/under and beat the football betting odds.
Point Spreads Football MD
These are more complex, and they just happen to be one of the more popular football bets to make.
Point spreads start by showing each team with either a positive or negative handicap to indicate the “line.” If you can predict the winner of the game with the line factored into the final score, then you win!
If you still do not get it, you shouldn’t worry. This is one of the bets that can take time to master, but with time you will be prepared to use it when football betting in Maryland. Maybe an example will help.
Your team (The Ravens, right?) has a point spread of -6, meaning they are likely to win by a touchdown (sans kick). In order for this bet to pay off, they need to win more than this amount, meaning the kicker better get the job done.
Point spreads maintain odds close to -110, so you can have a consistent idea of how much you stand to make.
Apart from being fun to say, a parlay means you are betting on multiple things (as in two or more). The more things you bet on, the more you stand to make, but after two or three variables, you really start to play with chance.
In order to win a parlay, you must predict the outcome in each situation perfectly, and you cannot mess up on a single one.
If Bets/Reverse Bets
If that is too much with you, then try these. Once again, you are working with multiple outcomes, but you have the chance to bank on your predictions.
That only works if you make predictions in the correct order. If even that is an issue, you can also look into Reverse Bets. Same concept but without having to predict the order as well.
Another low-risk option for multiple outcomes bets. Teasers and pleasers give your prediction padding by letting you also pick out things like point spreads or totals. Because those tend to be easier to predict, you should have an easier time. Unfortunately, you will not win nearly as much.
Pros and Cons of Football Betting in Maryland
Do not walk into football betting in Maryland wearing rose-colored glasses. You need to make sure you can see the good along with the bad.
Advantage: An Opportunity to Make Money
If you treat betting like a skill, cultivating it and watering it with knowledge and experience, football betting in Maryland is bound to make you money. Does this mean you should quit your day job to become a professional gambler? Not at all.
What it means is that, when done correctly, you stand to bring back at least a small sum to boost your financial situation.
Disadvantage: Gambling Addiction is Real
This is not to scare you away from football betting, but there is no point in trying to sugarcoat it. You deserve to know the truth.
Studies have shown that gambling can be an addictive behavior. We do not see this as a reason to avoid gambling (unless you are addicted to it), but you should be aware of what you need to look out for as far as signs of addiction.
- Gambling more money than you can afford to
- Sacrificing personal values to meet your gambling goals
- Denying there is a problem when others bring it up to you with irrefutable evidence
Just like alcohol addiction, you should know the signs, so you know when it is becoming enough of an issue that you need to stop.
Advantage: Mental Exercise
Most people do not realize how much calculation actually goes into football betting, but if you are here, we are willing to bet that you do.
Betting can prove to be a lucrative way to let your brain juggle numbers and odds for a bit. This is great for people who love work like this but do not necessarily get the opportunity to perform it often.
Disadvantage: The Odds are Against You
As they should be, but that does not mean it is not a sour feeling
In a perfect world, we would win every bet we made, but this is not that perfect world. Bookmakers are good at what they do, and what they do is dare you to bet against the odds. The higher rewards are tempting, and they are nice to pursue occasionally, but it is also easy to get wrapped up in that endeavor.
Basically, do not expect to win every bet you make. The reason football betting still thrives is because of people losing their bets. That is what makes it interesting.
Best Tips for Football Betting in Maryland
If you have made it this far, it is probably getting serious, so let’s set you up with some basic rules to follow. These tips are not extensive by any means, but they are essential to football betting in Maryland.
Understanding the Football Game
On the off chance that you are here and you know very little about football, we encourage you to seek out as much knowledge as you can. Guessing is fun, but the real payout comes from understanding the intricacies of football.
- Watch as many games as you can
- Set up football news alerts on your phone
- Follow teams and players on social media
Basically, do everything you can to fertilize your bet. Going in blind is like sticking a seed into gravel and expecting it to grow. It might, but what are the odds?
Keep It Simple
Do not jump right into a parlay with 10 different factors and expect to emerge victorious. Not only are you bound to walk out with a nice little dent in your bank account, but you also risk burning yourself out before you can even have fun.
Start off with more simple bets, like moneylines or totals. Lay down a modest amount, and then wait patiently for your first win. It will happen as long as you use the first tip and do not get carried away.
Set Up a Bankroll
Even if you do not have the budget in other financial areas, you need to put a limit on your football betting. Start off by setting aside a specific amount from your personal finances that you can afford to do without. This is your bankroll.
From here you can do a few things. If you want to be even more stringent, you can limit the amount you allow yourself to bet per week or even per game.
You should also decide what you are going to do with any winnings. Do they go back to your bankroll, or do you intend to put them off into spending or saving money? Determining these things should happen before you bet a single penny, so get on that right away.
Test Your Skills of Prediction
You are making educated guests, not exercising clairvoyance. Prediction is a skill, so you need to know how proficient you are with it.
Even before you lay down any money into bets, you can start working on your predictive skills. You can even use actual football bets as a guideline without taking part in them.
Keep track of these things:
- The details of the bet (type, odds, etc.)
- Why you made that prediction
- The actual outcome
- Details you missed
This will help you think more critically about your predictions and give you a low risk way to reflect on them.
Pick a Football Sportsbook that Suits You
This segues into the next section nicely, but it really is a major starting off point for beginners. Sportsbooks in MD are one of the easiest ways to bet. They are designed to be easy to navigate and have some of the widest varieties of bets in one central area. Take your time to choose one (or a few) that work for you.