The fast-paced racing of motorsports is exhilarating to watch. And now it’s even more exciting for fans in Maryland. With sports betting legalized in Maryland in 2021, motorsports fans can now get a piece of the action through sportsbooks. On this page we take a closer look at motorsports betting, including the best sportsbooks, types of betting available, and a few tips that could lead to lucrative payouts. So start your engines, Maryland.
Guide to Betting on Motorsports in MD
It’s a great time to be a racing fan in Maryland. With legal motorsports betting, you can engage with the sport even more through exciting betting options, beneficial bonuses, and even the chance to bet in the middle of a race.
Follow this guide to get started with motorsports betting — and then take it from there.
How to get started with Motorsports Betting in Maryland
The good news: There’s a bevy of sportsbooks in Maryland vying for your betting business. The (slightly) bad news: It can be tough to settle on which to use for motorsports betting. You can go with one sportsbook or spread your betting across several of them.
Plus, Maryland’s law allows for upwards of 60 online sportsbooks to operate in the state. There are several things to look out for when picking a sportsbook. Here are a few:
Find One You Can Trust
You’re using your hard-earned money, so you need to find a legit sportsbook that’s transparent about what they offer and how they conduct business.
First, check for a license. In Maryland, legal sportsbooks must be licensed by the state and displayed clearly on their web platforms, too. Sportsbooks that are tied to well-regarded, large companies typically have reliable customer service, fast payouts, and visible contact information, including phone numbers and emails.
It’s also worth looking through reviews of a sportsbook. Bettors like you will outline the pluses and minuses of each, including types of bets, and how easy it is to use sportsbooks’ online platform.
Ensure Your Online Safety
You’re making real-money deposits and withdrawals through sportsbooks, so make sure that the sportsbook has a secured system for handling your account. Look for such elements as digital encryption and data-production protocols such as SSL (secure sockets layer) and TSL (transport security layer).
If a sportsbook does not have a reliable customer service section that outlines the steps taken to protect you and your money, that’s a big red flag that the sportsbook is not legit. And while we’re focused on your account, review the methods of deposits and withdrawals each sportsbook offers and figure out if there are options that make deposits and payouts easy and speedy.
Look for such deposit methods as debit and credit cards, ACH/e-check, PayPal and other e-wallets, prepaid cards, and cash. Withdrawal methods will typically include the above as well, along with bank transfers.
Pinpoint the Offerings
While sportsbooks tend to offer the same round-up of sports to bet on, they’re not created equal. Compare the odds featured for each sportsbook and see if they seem fair. Look to see if they regularly showcase a calendar lineup of games to bet on.
Check on the variety of bets offered, including live betting during a game. For motorsports, review which races or series have consistent competitive odds and betting options. And, importantly, review sportsbooks’ bonuses. These go a long way in getting you to start betting comfortably and lucratively.
Many sites offer sign-up bonuses in MD, in the form of risk-free bets (which cover your bet up to a certain amount if you lose), matching of your first deposit, referral bonuses, and more. Bonuses also extend to loyal bettors, including reload bonuses that match part of your matches after the first one and daily sign-in rewards.
5 of the Best Sportsbooks in MD for Motorsports
If you are still undecided about which sportsbook to go with for motorsports betting, here are our top picks of Marlyland online sports betting sites:
Draftkings Motorsports betting site
A trusted sportsbook with legions of fans, Draftkings MD gets high marks for its bonus offers, well-designed web platform, variety of bets, and fantastic mobile app for both Android and iOS.
Fanduel Maryland Motorsports site
If you’re into futures betting — betting on a race or driver long before a race takes place, Fanduel Maryland is for you. It also offers generous deposit matching and highly regarded customer support.
BetMGM MD Sportsbook for Motorsports
Users rave about BetMGM’s odds, which are also reflected in its motorsports offerings. It also has great sign-up bonuses and is backed by the reliable MGM brand.
Pointsbet Motorsport betting online
Pointsbet’s motorsports markets are superb, including a large number of Nascar series and Formula 1 races. With enhanced odds for you.
Barstool Sportsbook Maryland Motorsports
An easy-to-navigate web interface and app, helpful general interest betting articles and tips, and superb bonuses make Barstool Sportsbook Maryland an exceptional sportsbook for motorsports fans.
Place Your Motorsports Bets in Maryland
After you’ve selected a sportsbook and registered, all that’s left to do is bet. Here are some of the most popular bets in motorsports.
Motorsports Moneyline in MD
If you’re new to sports betting, moneyline betting may be the way to go, especially at first. This one is pretty straightforward — you’re betting on an overall race winner (that’s why it’s also called outright wagers).
Moneylines are based on the motorsports odds a sportsbook ties to a driver. You can either bet on the favorite or the underdog, and the amount of your payout depends on that.
For example, if you bet $140 on driver Kyle Larson, the underdog who has +140 odds in a race, you stand to win $140 if Larson wins outright.
If you bet $100 on Larson at -120 odds, which indicates a favorite, you can make $120. Winning on underdog odds will pay out more than you put in.
Futures betting is similar to moneyline bets. You’re playing the odds on a player, but you’re betting on them far in advance of a race.
Futures lets you either bet on a player’s performance in a single race or if they will be the overall champion at the end of a motorsport season.
Parlays – Motorsports
You don’t just have to make one selection while betting on motorsports. With parlay betting, you can make several different bets and combine them together.
Parlays offer higher potential payoffs, but all of your selections in the bet must win or you lose.
Motorsports Props MD
If you are entirely unsure of whom to bet on for a race, prop betting may be for you. You’re not voting on an outcome of a race, but some sort of element of a race. For example, the driver who will lead the race the most of its duration or how many yellow flags there will be.
In the same vein as prop bets, you’re not wagering on an overall winner, just that your pick will be within the top 3 finishes of a race. Some sportsbooks let you bet on the top 5 or even the top 10 as well.
Drivers in motorsports are often paired together before a race. With matchup betting, you’re wagering on who in the pairing will finish better than the other. Your pick doesn’t have to win the race, just perform better than who they are paired with for you to win.
FAQ’s About Motorsports Betting in Maryland
Which Races Can I Bet On Within Motorsports?
The biggest within each category of motorsports dominant in the United States and Europe, including Nascar, Formula One, Indycar, and MotoGP (motorcycle racing). Each sportsbook is a bit different, but generally, the most popular races to bet on include the Indy 500, Daytona 500, the British Grand Prix, and the 24 Hours of Le Mans.
Where Does Motorsports Betting Revenue Go in Maryland?
Voters in Maryland approved sports betting that’s tied to funding education. Legislators estimate that the state stands to gain $20 million a year in tax revenue tied to sports betting.
Who Can Bet on Motorsports in Maryland?
Anyone who is 21 and older and a resident of the state can take part in sports betting in Maryland. When signing up for a sportsbook, you’ll need to provide personal information and also ways to prove your identity, including some sort of photo identification, like a driver’s license, and something that shows your address, like a utility bill.
How Do I Know Which Bet is Right For Me?
It takes some time but also depends on the odds given by a sportsbook and your betting experience level. Many bettors find moneyline bets as the easiest way to begin, especially when using a sign-up bonus, such as deposit matching. If you’re still confused about the nature of certain bets and their terms and conditions, consider checking out your sportsbook’s customer service or help section. There, there’s likely to be a long list of how-to-guides and explainers on betting terminology.
What Can I Do With a Sportsbook Mobile App?
Usually, everything you can do with a physical or online sportsbook. Mobile apps are designed to duplicate the experience of a sportsbook on your phone, including placing bets, reviewing odds, and taking advantage of bonuses. Some sportsbooks even offer bonuses simply for downloading their app or using it to make deposits.