PointsBet Maryland Promo Code - $250 In Second Chance Bets

Last Updated: Feb 9, 2023
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Fact Checked By: Josh Collacchi

Maryland sports betting fans are looking forward to the first Super Bowl since legalization reached the Old Line State in 2022. Now, PointsBet Maryland is offering up new users who use the PointsBet Maryland promo code five (5x) second chance bets of up to $50 each.

🎁 PointsBet Maryland Sign Up Code5 x $50 Second Chance Bets
🖊️ Welcome Bonus Offer5x second chance bets, up to $50 each
💳 Minimum Deposit$10
💰 Betting TypesFull-service sportsbook
📲 PointsBet Maryland Mobile App AvailabilityiOS and Android devices
🥇 Why PointsBet Maryland?PointsBetting, an easy-to-use app, and a sleek interface
📆 Last VerifiedFebruary 10, 2023

PointsBet Maryland serves excellent betting offers for new customers; our PointsBet Maryland promo code review breaks down the welcome offer and explains everything you need to know about this impressive online sportsbook.

Our PointsBet Maryland sportsbook review will discuss this operator's unique features and attributes, including PointsBetting markets, reduced juice lines, value-added features, and PointsBet Maryland promo offers. We will break down the bonuses and explain how to redeem them.

You will also learn how PointsBet Maryland compares to rival sportsbooks like BetMGM, Caesars Sportsbook Maryland, FanDuel Sportsbook Maryland, and DraftKings Sportsbook Maryland, allowing you to decide if PointsBet Maryland is the best option for you.

PointsBet Maryland Promo Code and Sportsbook Review

The PointsBet Maryland promo code is offering up to $250 in second chance bets just for signing up.

It will get you $250 in bonus bets, paid in the form of five $50 bonus-bet tokens -- one per week during your first month as a PointsBet Maryland customer. Each bonus bet has a 1x playthrough requirement, and any winnings you earn will then go to your withdrawable cash balance.

The PointsBet Maryland promo code will grant you access to five $50 Second Chance Bets -- one Second Chance Bet, up to $50, will be available on each of your first five days as a customer. If your bet loses, you get the money back as a bonus bet credit, with a 1x rollover requirement. That means you can get up to $250 in Second Chance Bets. This is one of the best Maryland betting promos available.

PointsBet Maryland - News And Updates

Marylanders approved Maryland sports betting by a huge margin when they headed to the ballot boxes in November 2020. Governor Larry Hogan signed the bill six months later, and the first retail sportsbooks launched near the end of 2021.

Gov. Hogan has put pressure on regulators, urging them to cut out the bureaucracy that led to the current delays, and we are now ready for online sportsbooks in Maryland. PointsBet opened a retail sportsbook in Maryland at The Riverboat on the Potomac in September, and is one of the first Maryland betting apps to go live in late 2022.

What Makes PointsBet Maryland Unique?

Maryland sports bettors will find more wagering options at PointsBet Maryland than any other sportsbook in the state. That includes a "Name A Bet" option, standard fixed-odds bets, and thousands of unique PointsBetting markets. PointsBet Maryland also runs on proprietary technology, provides lots of bonuses, and offers reduced juice basketball and NFL spreads. All of this helps PointsBet Maryland stand out from its rivals in Maryland.

PointsBet Maryland Introduces The New PointsBetting Platform

PointsBetting provides sports fans with an exciting new way to place wagers on their favorite leagues.

When you place a traditional, fixed-odds bet on a sporting event, you know exactly how much you stand to win or lose. For example, if you place a $20 bet at odds of -107 on over 45.5 points in a game between the Baltimore Ravens and the New Orleans Saints, there are two possible outcomes: you either win an $18.69 profit or you lose your $20 stake.

PointsBetting is different, as your potential profits or losses are not fixed when you place the wager at PointsBet Maryland. We might see a PointsBetting prediction that there will be 45-47 points in a game between the Ravens and the Saints. That gives you two options: sell at 45, if you expect less than 45 points to be scored, or buy at 47, if you anticipate more than 47 points in the game.

Your profit or loss is then calculated by how accurate your prediction was. Your bet amount is multiplied by the difference between the price you took and the result. If you buy at 47 for $20 and there are 48 points, you earn a $20 profit. If there are 49 points, you earn $40, while 50 points would net you $60, and so on. However, if there are only 44 points scored, you lose $60.

As such, PointsBetting can be risky, so we advise proceeding cautiously at first. There is a stop-loss feature at PointsBet online sportsbook in Maryland, which means any potential losses (and profits) will be capped at a certain limit. That can help you manage your bankroll effectively.

PointsBet Maryland Offers Odds Boosts, Loyalty Rewards, And Unique Bets

No other online sportsbook offers a service similar to PointsBetting in the United States. There are similar operators in Europe, such as Sporting Index and Spreadex, but they have not expanded into North America. That makes PointsBet Maryland the only operator providing these markets in Maryland. It also offers a "Name A Bet" feature, which allows you to get a price on any exotic prop you are interested in, making it the best Maryland destination for unique bets.

There are various odds boosts and PointsBet promo code offers too, which are unique to PointsBet Maryland. It has a very competitive loyalty program, which earns you credits each time you place fixed-odds bets or take part in PointsBetting, so you can unlock a wide array of deals as a PointsBet Maryland sportsbook user.

PointsBet Maryland Offers Customers Safety And Security

PointsBet Maryland is a trusted industry leader with a long history of keeping customers safe and paying out on time. It built up a thriving business in Australia before expanding into the United States, with offices in Denver and New Jersey. The company is listed on the ASX in Australia, requiring it to provide quarterly updates, so it is always transparent. It only operates legal sports betting in licensed jurisdictions, and is fully regulated in Maryland.

Pros And Cons - PointsBet Maryland

PointsBet Maryland is a superb all-around online sportsbook, with lots of unique features. It should suit casual bettors and players with large bankrolls, as it has a low minimum deposit limit and large maximum win limits. It performed very well in the various categories we focus on when conducting sportsbook reviews.

However, there are always positives and negatives to any online sportsbook. As such, we have listed the key pros and cons of PointsBet Maryland:

Pros:

  • Provides the widest selection of betting options on the market in Maryland
  • Offers reduced juice -107 odds on football and basketball games
  • Polished mobile app with features such as live streaming and betting stats

Cons:

  1. Does not offer as many odds boosts and recurring promos as some rivals in Maryland
  2. Live streaming service does not cover NBA betting or MLB games
  3. PointsBetting carries risks, so approach it with caution

How To Get Started At PointsBet Maryland

Sign up now with PointsBet Maryland to cash in on $250 of second chance bets just for signing up. To learn more about to cash in on this great betting offer, check out the step-by-step instructions below.

  1. Click "BET NOW" on this PointsBet Maryland sportsbook review. That will take you through to the website and ensure you receive your bonus.
  2. You will land on a page highlighting the offer -- 5 $50 Second Chance Bets. 
  3. The best PointsBet Maryland promo code will already be pre-loaded in the relevant box, if you click our link.
  4. Fill in the sign-up form below that message with some basic personal and contact info.
  5. Agree to the terms and conditions by checking the box and click "REGISTER NOW."

You may be required to verify your account at some point by uploading a scan of an official ID document, such as your driver's license. Your account will then be approved. You can log into your PointsBet Maryland sportsbook account via the app, and you will receive the bonus credits then.

Redeeming Your Promo Code With PointsBet Maryland

You can follow these simple instructions to unlock your bonus bet credits via the PointsBet Maryland promo code offer:

  • Click the "BET NOW" link and register a PointsBet Maryland account by following the steps listed in the "How To Get Started At PointsBet Maryland" section above.
  • Log into your account using the app or the PointsBet Maryland website. You can then wager $0.50 or more on any fixed-odds market -- PointsBetting options are not covered by the PointsBet MD promo code -- and you will get the money back as a bonus bet, if you lose. The maximum rebate you can receive is $50 per day for the first five days you have a PointsBet MD account, and it has a 1x rollover requirement
  • The rebate of up to $50 is only applicable on your first wager of each of the first five days your PointsBet Maryland account is live.
  • PointsBet MD will also award you a $50 bonus bet each week during your first month, leaving you with $200 in bonus bets.
  • Once you've rolled the bonus funds over once, your winnings convert to cash, which you can withdraw.

Terms And Conditions For PointsBet Maryland Promotions

Anyone at least 21 years old and located in Maryland can claim the PointsBet Maryland promo code offer today. The sign-up bonus is for new customers only. You will receive 4 x $50 in bonus bets ($200 in bonus bet credits), along with five $50 Second Chance Bets.

Bonus bets come with a 1x rollover requirement. You will have 14 days to satisfy that requirement. That means you need to use your bonus bet on a fixed-odds market within a two-week window, and any profit you earn will convert to cash. That cash can either be withdrawn or used for additional bets on PointsBet Maryland. You just need to wager $0.50 or more to qualify for the Second Chance Bets, and the maximum rebate you can receive is $50 per day for the first five days you have an account.

More PointsBet Maryland Promo And Bonus Offers

You can claim the PointsBet Maryland promo code by signing up for an account today. It is only available as a one-time offer for new players, but there are some additional PointsBet Maryland promo code deals to claim on a recurring basis too:

Odds Boosts

Select "Booster Odds" on the main menu to browse a list of available markets with enhanced odds each day. There will normally be a few different options, covering parlays and prop bets.

Karma Kommittee

Tweet the PointsBet Maryland team using #KarmaKommittee if your bet loses to a bad beat -- such a bad call or an injury -- and you may get a rebate. It will be paid as a bonus bet, with a 1x rollover requirement.

Rewards Program

PointsBet Maryland sportsbook users will earn 1 reward point for every $6 wagered on a single bet, every $1 wagered on a parlay, and every $1 won or lost when PointsBetting. The reward points can be redeemed at a rate of 100 points for $1 in bonus bet credits. There are VIP tiers to the program too.

What To Love About PointsBet Maryland

PointsBet Maryland offers better odds on football and basketball point spreads and totals than its rivals. You will normally find -107 odds on either side of a bet, which is less juice than the industry standard of -110 odds on either side.

That means that PointsBet Maryland sportsbook takes a lower house edge than its competitors. You will also notice far more betting options at PointsBet MD than rival Maryland sportsbooks, along with lots of unique features and a very slick user interface.

Endless Markets And Wagering Options For Maryland Bettors

  • The list of betting markets at PointsBet Maryland includes:
  • PointsBetting
  • Moneylines
  • Point Spreads
  • Run Lines / Puck Lines / Handicaps
  • Totals
  • Props
  • Parlays
  • Teasers
  • Round Robins
  • Live Bets
  • Futures
  • Request A Bet Option

PointsBet Maryland Teams To Bet On

You will find a huge array of different sports to bet on at PointsBet sportsbook Maryland. These will be some of the most popular teams to wager on in the state:

Maryland Terrapins

Many states impose restrictions on college sports bets, but there are none in Maryland. That means that anyone at least 21 years old can bet on the Maryland Terrapins at PointsBet sportsbook in Maryland. It is the official sportsbook of the University of Maryland athletics program, so it is a great choice for anyone interested in wagering on the team.

Baltimore Ravens

You can place fixed-odds bets and browse PointsBetting markets whenever the Baltimore Ravens are in action at PointsBet Maryland sportsbook. It offers sharper lines than rivals, so we recommend PointsBet MD to football bettors.

Washington Commanders

Head to PointsBet Maryland for reduced juice betting lines on Washington Commanders games. Whether you choose a spread, total, or futures bet, they will all be available at PointsBet Maryland.

Baltimore Orioles

Baltimore Orioles fans can place futures bets, pre-game wagers, in-play bets, and PointsBetting wagers on the team at PointsBet Maryland sportsbook.

Banking Made Easy With PointsBet Maryland

Banking is very easy with PointsBet Maryland sportsbook, but it is also highly secure. It offers a reasonably narrow selection of methods compared to some rival sportsbooks, but you can still choose from credit cards, debit cards, bank transfers, e-wallets, and cash, so you should find a banking option that appeals to you.

Deposit And Cash Out With Ease At PointsBet Maryland

PointsBet Maryland sportsbook will have a minimum deposit of $5, which is lower than the $10 or $20 minimum at most competitors.

These are the options offered:

  • Credit Card / Debit Card - Visa or Mastercard
  • PayPal
  • Online Banking
  • ACH/E-Check
  • PayNearMe
  • Cash at The Riverboat at the Potomac

All deposits and withdrawals are free. Withdrawal requests are processed in 1-2 days, and you will then get your money in around 30 minutes, if you choose PayPal. Bank transfers and e-checks can take another day or two, depending on your bank's processing speeds.

PointsBet Maryland Against The Competition In Maryland

Many of the online sportsbooks in Maryland are very similar to one another, with very few distinguishing features. That is not the case with PointsBet Maryland, which has a long list of distinctive selling points. It offers reduced juice lines, PointsBetting, a "Name A Bet" feature, unique stats on betting trends and line movements, write-ups of upcoming games, partial early cash out and full early cash out, a teaser builder, odds boosts, and all sorts of additional features on its exclusive, in-house betting platform.

The PointsBet Maryland promo code is also very attractive, so we expect this online sportsbook to perform well against the competition in Maryland. FanDuel Sportsbook Maryland might pay customers out a little quicker, while BetMGM Maryland offers a broader live streaming service and Caesars Sportsbook Maryland offers more odds boosts, but on the whole, it's hard to think of a better all-around sportsbook than PointsBet Maryland.

The Verdict On PointsBet Maryland

PointsBet Maryland is an excellent online sportsbook with a wide variety of unique attributes. It is the best option for anyone seeking a large range of betting options, and the reduced juice lines are very appealing.

Click "BET NOW" on this page to claim $250 in second chance bets with PointsBet Maryland now.

PointsBet Maryland Promo Code FAQs

What is the PointsBet Maryland promo code?

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The PointsBet Maryland promo code gets users $250 in second chance bets for bettors in the state of Maryland. Use our link to take advantage.

How do I use the PointsBet Maryland promo code?

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To use the PointsBet Maryland promo code, you need to choose "Bet Now" on this page and redeem the promotion with our links.

When is the launch date for PointsBet Maryland?

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PointsBet Maryland sportsbook is expected to launch in December 2022. It is one of 10 online sportsbooks that the Maryland Lottery and Gaming Control Agency selected for an expedited license. The Sports Wagering Application Review Commission will consider those 10 operators at its next meeting, which takes place towards the end of November. We should then receive the green light to launch online sports betting in Maryland in December 2022.

Can I bet with PointsBet Maryland in person?

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You can bet with PointsBet Maryland in person by visiting its retail sportsbook at The Riverboat on the Potomac. PointsBet MD will soon launch its popular mobile app and website in Maryland too.

Can I play casino games at PointsBet Maryland?

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You will not be able to play casino games with PointsBet Maryland when it launches, as the state does not yet permit online casino gaming. PointsBet has an online casino in states that permit real money casino games, such as Michigan, New Jersey, Pennsylvania, and West Virginia, so the company could easily launch its online casino in Maryland too, if the law changes in the future.

Is PointsBet Maryland the best Maryland betting app?

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You could make a strong case for PointsBet Maryland seizing the crown as the best Maryland betting app. It will provide more betting markets than rival Maryland sports betting apps, along with reduced juice lines on NFL and NBA betting, great features, very impressive bonuses, and a polished mobile app. Our PointsBet Maryland review explains how it stacks up against its key rivals, FanDuel Sportsbook Maryland, BetMGM Maryland, and DraftKings Sportsbook Maryland, so you can decide if PointsBet Maryland is the best betting app for your needs.

What is PointsBetting?

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PointsBetting is different to the standard, fixed-odds betting available at most sportsbooks, as your potential profit or loss is not fixed when you place a bet. The amount you win or lose is determined by how accurate your predictions turn out to be. It is similar to financial spread betting on derivatives, and our PointsBet Maryland review breaks down what PointsBetting entails in detail.

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Martin Green
Contributor since April 2022
Martin Green spent five years working at William Hill before becoming a journalist in 2009. He began working as a sports writer and professional sports handicapper and sportsbook reviewer in 2014.
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