Frequently Asked Questions About Sports Betting in Maryland
1. Is sports betting allowed in Maryland?
Yes, sports betting is allowed in Maryland. The state legalized sports betting in 2021, allowing both in-person and online sports wagering through licensed sportsbooks.
2. When did Maryland legalize sports betting?
Sports betting was legalized in Maryland following the passage of a referendum in 2020. After regulations were established, sportsbooks officially began operating in December 2021.
3. Who can place bets in Maryland?
Anyone who is at least 21 years old and physically located in Maryland can participate in sports betting. Make sure to use a licensed sportsbook to ensure compliance with state regulations.
4. Are there online sports betting options in Maryland?
Yes, there are several online sports betting platforms available in Maryland. Players can bet from the comfort of their homes or on the go using mobile apps provided by licensed sportsbooks.
5. What types of sports can you bet on in Maryland?
You can bet on a wide variety of sports in Maryland, including football, basketball, baseball, hockey, soccer, and more. The options extend to various betting types such as point spreads, money lines, and prop bets.
6. How do Maryland sports betting taxes work?
Maryland imposes a tax on sports betting revenues. This includes a 15% tax on the income of online and retail sportsbooks. Players are responsible for reporting and paying taxes on any winnings they earn.
7. Are there any restrictions on betting in Maryland?
While sports betting is allowed in Maryland, there are restrictions. For example, players cannot bet on collegiate sports involving Maryland-based schools. Additionally, all betting must be conducted within Maryland's licensed platforms.
8. Can I bet on esports in Maryland?
Yes, betting on esports is allowed in Maryland. As long as the sportsbooks are licensed and offer esports betting, players can place wagers on popular competitive video games.
9. How can I find a licensed sportsbook in Maryland?
You can find licensed sportsbooks in Maryland by checking the Maryland Lottery and Gaming Control Agency's website, which provides a list of all approved sportsbooks and options for both in-person and online betting.
10. Is sports betting allowed in Maryland for out-of-state residents?
Yes, out-of-state residents can bet on sports in Maryland as long as they are physically located within the state’s borders when placing their bets. It's essential to adhere to the state's regulations for a seamless experience.