Several US states have passed sports betting laws and are now offering betting on sports. The most recent law to go into effect is in Maryland, where voters have approved legalized sports betting. The state’s governor recently signed HB 940 into law, which makes it possible to bet on games, including NCAA, NHL, and NBA games, in person and on the internet.
While the state’s official betting market is only expected to be launched on November 23, 2022, mobile betting will begin to operate a month later. These sites will take bets on Thanksgiving, and will be available to bet on the Super Bowl in 2022.
As part of the regulation process, the state will be holding a 30-day comment period, during which residents can comment on the regulation process. The State will also be conducting background checks on 17 sportsbook operators. After this period, the licensing process will continue.
In Maryland, most of the major sportsbooks have mobile apps. Some offer special deposit match offers, frequent odds boosts, and preferential prices on home games. Some sites will also give users free bets, which are essentially rebates for a first wager.
The NFL is the last of the four major American sports leagues to sign official betting deals. The league will provide its data to sportsbook operators. The NFL can opt out of the partnership after years three and four. However, other sportsbooks will be able to sign official betting data deals with the league. This will allow them to market their relationship with the NFL.