{"id":19653,"date":"2024-04-15T12:54:31","date_gmt":"2024-04-15T12:54:31","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=19653"},"modified":"2024-04-18T13:27:25","modified_gmt":"2024-04-18T13:27:25","slug":"maryland-sports-betting-surpass-536-7m-in-march-following-disappointing-february-month","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/2024\/04\/15\/maryland-sports-wagers-surpass-536-7m-in-march-following-disappointing-february-month\/","title":{"rendered":"Maryland Sports Betting Surpass $536.7Milion In March"},"content":{"rendered":"

Maryland sportsbooks enjoyed a positive month in March in terms of revenue, with the state surpassing $536.7Million total income for sports wagers after reporting a disappointing month in February.\u00a0\u00a0<\/strong><\/p>\n

February was a disappointing month for Maryland sports betting as the Old Line state reported $442.5million revenue. But just one month later Maryland posted figures of $536.7m from sports betting with a meteoric rise from the beginning of the year.<\/p>\n

The latest report from MD suggests that 97% of wagers were placed online during March – with a low percentage hold of just 7.6% retail wagers taken during a busy month.<\/p>\n

Maryland’s $536.7m in revenue during March was a huge increase from last year’s total take during the same month, with profits skyrocketing by 39.1% from a low of $385.9m in 2023.<\/p>\n

Breaking down the sports betting in Maryland further over the past year shows that the majority of profits came from player props and parlays, which accounted for a total of $30.5m in profit.<\/p>\n

Parlays and sports betting was the most bet on category in Maryland during March with $181.1m in wagers taken. The NBA was a close second in the wagers, with over $160m staked on the nation’s top basketball competition.<\/p>\n

College basketball also played a big role in the wagers throughout March, with the highly popular NCAA March Madness taking in over $83.6m in stakes.<\/p>\n

For a seamless gaming experience and instant payouts, explore the fastest payout online casinos<\/a> and enjoy quick withdrawals.<\/p>\n","protected":false},"excerpt":{"rendered":"

Maryland sportsbooks enjoyed a positive month in March in terms of revenue, with the state surpassing $536.7Million total income for sports wagers after reporting a disappointing month in February.\u00a0\u00a0 February was a disappointing month for Maryland sports betting as the Old Line state reported $442.5million revenue. But just one month later Maryland posted figures of … <\/p>\n","protected":false},"author":64,"featured_media":19666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-19653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"\nMaryland Sports Betting Surpass $536.7Million In March<\/title>\n<meta name=\"description\" content=\"Maryland sports betting enjoyed a positive month in March, with the state surpassing $536.7Million total income for sports\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/instantcasinos.com\/blog\/2024\/04\/15\/maryland-sports-wagers-surpass-536-7m-in-march-following-disappointing-february-month\/\" \/>\n<meta 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