With the passing of HB 940, sports betting in Maryland became legal. The law allows the state to issue up to 60 sportsbook licenses online, as well as up to 40 retail licenses. In addition, it also allows the Maryland Lottery and Gaming Control Commission to award mobile sports betting licenses.

There are several types of bets. You can place moneyline bets, spreads, totals and futures bets. If you win, you get the amount of your wager back.

Some sites are offering free bets on the first wager. Most are also offering daily odds boosts. Also, there are special deposit match deals. Many of these promotions are available through the app.

While there are a few official betting partners in the NFL, the NBA is not officially regulated. Bookmakers have found value in the NBA’s direct feed. This is a valuable commodity, but it may not be available to Nevada sportsbooks.

A number of new operators are waiting in the wings. For instance, DraftKings has announced a deal with the UFC. The two brands will partner to generate in-game promotions. It is estimated that the deal will be worth around $350 million.

Barstool is also a popular option for wagering on March Madness. They have more markets than most other sports betting platforms.

Other notable names include PointsBet, which is one of the top NHL betting sites in the U.S.; and SuperBook, which offers on-site betting incentives at the Orioles’ Oriole Park in Camden Yards.