Frequently Asked Questions about Maryland Sports Betting Law
1. What is the Maryland Sports Betting Law?
The Maryland Sports Betting Law, enacted in 2021, allows for legal sports wagering in the state. It permits both in-person and online sports betting and aims to regulate the industry while generating tax revenue for the state.
2. Who can legally participate in sports betting under Maryland Sports Betting Law?
Under the Maryland Sports Betting Law, participants must be at least 21 years old and physically located in Maryland to place a wager. Both residents and non-residents can bet as long as they meet the age requirement.
3. Are there any types of bets that are prohibited under Maryland Sports Betting Law?
Yes, the Maryland Sports Betting Law prohibits certain types of bets, including betting on amateur sports involving Maryland schools and high school athletics. Additionally, bets on events that are not sanctioned by the relevant governing bodies are not allowed.
4. What types of sports can I bet on in Maryland?
The Maryland Sports Betting Law allows bets on a wide range of professional and collegiate sports, including NFL, NBA, MLB, NHL, and international events. However, certain restrictions apply to amateur events, particularly those involving local schools.
5. Is online sports betting allowed in Maryland?
Yes, the Maryland Sports Betting Law permits online sports betting. Regulated operators can offer mobile and online platforms where users can place bets from their devices, providing convenience for bettors across the state.
6. How is revenue from sports betting used according to Maryland Sports Betting Law?
Revenue generated from sports betting in Maryland is allocated to several areas, including education funding, public safety, and community investments. This helps ensure that the benefits of legal sports wagering positively impact the state.
7. How do I know if a sportsbook is legal in Maryland?
To comply with Maryland Sports Betting Law, sportsbooks must be licensed by the Maryland State Lottery and Gaming Control Agency. Look for official licenses and check for a list of regulated operators on their website to ensure you are betting legally.
8. What are the penalties for violating Maryland Sports Betting Law?
Violating the Maryland Sports Betting Law can result in serious penalties, including fines and criminal charges. Unauthorized sportsbooks can face legal action, and individuals participating in unlawful betting activities may also be subject to penalties.
9. When will more sports betting licenses be available in Maryland?
The availability of additional sports betting licenses in Maryland is determined by state regulators. As the industry matures, more licenses may be issued, and updates on licensing opportunities will be published by the Maryland State Lottery and Gaming Control Agency.
10. Can I use my sportsbook account outside of Maryland?
While you can access your sportsbook account from outside of Maryland, you can only place bets when physically located within the state. The Maryland Sports Betting Law requires you to be in-state to ensure compliance with local regulations.