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Reviews/LetsBetMD Sportsbook Review (Maryland Exclusive)

LetsBetMD Sportsbook Review (Maryland Exclusive) Review

February 12, 2026By TipRift Editorial Team

TipRift may earn a commission if you sign up through links on this page. 21+ only. Must be physically located in Maryland. Please play responsibly.

4.9
Excellent
(4.9)

A clean, mobile-first Maryland sportsbook with a high-value two-part welcome offer, but restrictive cashier flow through Play+.

$10 min depositOdds: -200 or longerParlay-only bonus7-day expiryCashier: Play+
LetsBetMD Sportsbook Review (Maryland Exclusive)

LetsBetMD is a Maryland-only online sportsbook built for bettors who want a simple, mobile-first experience without unnecessary clutter. The platform positions itself as a streamlined option for Maryland users, focusing on quick navigation, easy bet placement, and a clear promotions structure. This review breaks down LetsBetMD across six core categories: Bonus Value, Ease of Use (UI/UX), Bet Variety, Deposit & Withdrawal, Trust & Security, and Customer Support. You’ll also find the full, verified terms of the current “Double Insurance” welcome offer and a clear summary of who will (and won’t) get the most value from this sportsbook. Because sportsbook offers and rules can change, we also include a “Last verified” marker in the Welcome Offer section and recommend double-checking the Promotions page before opting in.

Quick Facts


MarketMarket

Maryland (USA)

Legal StatusLegal Status

Licensed / Regulated

RegulatorRegulator

MLGCA

LaunchLaunch

July 2024

AppsApps

iOS + Android

Welcome OfferWelcome Offer

$500 Double Ins.

Cashier RouteCashier Route

Play+ Prepaid

SupportSupport

Chat 7AM–1AM ET

Pros & Cons


Pros
  • Two-part welcome “insurance” up to $500 total
  • Smooth iOS/Android app with simple navigation
  • Major US sports plus strong esports coverage
  • Fast path from markets to bet slip
  • Long live chat coverage (7AM–1AM ET)
Cons
  • Deposits/withdrawals routed through Play+ (extra step)
  • Odds not as sharp as top national books
  • Fewer ongoing promos for existing users
  • Web experience feels more basic than the app
  • No retail partner for cash deposits/withdrawals
Top Promo Offer

Get Your $500 Welcome Package

Lets Bet

Double Protection for New Players

  • $200 First Bet Insurance

  • $300 First Week Cashback

Get StartedGet Started

New customers only

Ratings Overview


Last Verified: Feb 10, 2026

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Bonus Breakdown


Welcome Offer - “Double Insurance” up to $500

Last Verified: Feb 10, 2026

LetsBetMD’s welcome bonus gives new Maryland customers up to $500 in total bonus bets, split into two parts. Overall, this “Double Protection” welcome package is high in total value and great for cautious beginners. You effectively have a risk-free first bet up to $200 and a partial safety net on losses in the first week. Just be aware of the parlay requirement and short 7-day window to use the credits, which slightly limits the flexibility of the bonus.

1. $200 First Bet Insurance

After a minimum $10 deposit, place your first wager (single or parlay) at odds of -200 or longer. If that first bet loses, you get a Bonus Bet equal to your stake, up to $200. Essentially, it’s a second-chance bet credit. If your first bet wins, you simply keep your winnings and the bonus ends there.

2. $300 First Week Cashback

For your first 7 days, the sportsbook tracks your wins/losses. If you incur net losses in week one, you’ll get 50% of those losses back as a Bonus Bet, up to $300. This gives newcomers a safety net on early bets.

How to Claim

1

Opt in (no promo code needed) and deposit at least $10.

2

Place your first wager (single or parlay) at odds of -200 or longer.

3

If it loses, receive up to $200 back. Continue betting for 7 days to qualify for cashback.

Read restrictions: Qualify at -200 or longer; Bonus bets must be parlays (+100 total, -400 per leg); 7-day expiry.

Offer Terms

Min Deposit$10
Qualifying Odds-200 or longer
Bonus UsageParlay only (min +100 total)
Leg Min Odds-400 or longer
Expiry7 Days
Extra Perk1% boost on bonus bets
Claim BonusClaim Bonus

1. Bonus Value

Very Good

8.0/10

Excellent total welcome value, slightly reduced by parlay-only bonus usage requirements and a short 7-day expiry window.

Key Facts

Welcome ceiling: Up to $500
Structure: $200 First Bet + $300 First Week
Qualifying Odds: -200 or longer
Bonus usage: Parlay only (2+ legs)
Bonus odds: Min +100 total / -400 leg
Expiry: 7 Days

LetsBetMD earns a strong score on bonus value because the welcome offer is both high in ceiling and structured to provide protection beyond a single wager. The two-part format is a meaningful difference: you get a first-bet “refund” style bonus (up to $200) and additional first-week loss protection (50% of net losses up to $300). For new players, that can reduce the pain of early variance and give you more “learning runway.”

Where the value gets reduced is in the restrictions. Qualifying odds must be -200 or longer, which excludes heavy favorites. More importantly, bonus bets must be used on parlays with at least 2 selections, minimum +100 total odds, and each leg at -400 or longer. That pushes users toward higher-variance bets and reduces flexibility versus books that allow bonus bets on singles.

The expiry window also matters. Bonus bets expire 7 days after credit, so you need to use them quickly. If you’re a recreational bettor who plays a few times a week, that’s fine. If you prefer slower pacing, it can lead to wasted value.

Finally, beyond the welcome offer, ongoing promos can feel limited compared to national brands with frequent boosts, loyalty mechanics, and seasonal campaigns. Net result: excellent “front-loaded” value, but not necessarily the best long-term promo engine.

Bonus Value screenshot

2. Ease of Use

Excellent

9.0/10

Clean, modern mobile UX; web is functional but less polished.

Key Facts

Apps: iOS + Android
Navigation: Simple sport-to-event flow
Bet slip: Clear and fast to confirm
Live betting: Smooth updates
Cash-out: Available on eligible markets
Friction: Location checks & verification

Ease of use is one of LetsBetMD’s biggest strengths. The layout is designed for quick scanning: sports selection, event selection, market pick, and bet slip confirmation are generally straightforward. This “no-friction” approach matters in real use because it reduces the number of taps needed to place common wagers, especially on mobile.

Navigation is typically clean and uncluttered, which helps beginners avoid getting lost in endless submenus. The bet slip experience is also designed to be direct: you can build a simple wager, review odds, confirm, and move on without unnecessary distractions.

The main downgrade here is polish consistency between app and web. The web experience can feel more basic visually even when it’s fully functional. That’s not a deal-breaker, but on desktop it may not feel as premium as the biggest operators.

Overall, if your priority is speed, clarity, and a modern app-first betting flow, LetsBetMD performs very well in this category.

Ease of Use screenshot

3. Bet Variety

Very Good

7.5/10

Mainstream sports coverage is solid and esports is a differentiator, but depth can lag major books.

Key Facts

Major leagues: NFL, NBA, MLB, NHL
College: Offered under MD rules
Markets: Spreads, moneylines, props
Parlays: Supported
Esports: Strong coverage vs MD books
Depth: Fewer alternate lines/futures

LetsBetMD covers the core betting needs for most Maryland bettors: major U.S. leagues, standard market types (spreads, moneylines, totals), and a reasonable selection of props on higher-profile events. For casual bettors, the offering usually feels complete because the essentials are present where it matters most.

Where variety can fall behind major operators is depth. Larger books typically provide more alternate lines, deeper prop menus, expanded futures, and broader coverage across niche sports and low-profile events. If you routinely bet deep props, obscure markets, or want extensive customization tools, you may notice the difference.

That said, LetsBetMD stands out by emphasizing breadth where many smaller books are thinner, including esports markets. If esports is part of your betting mix, this can make LetsBetMD a more interesting secondary sportsbook than it would be on mainstream markets alone.

Bottom line: solid coverage for typical U.S. sports betting, plus a differentiator in esports, but not the deepest market catalog compared to top-tier competitors.

Bet Variety screenshot

4. Deposit & Withdrawal

Good

6.0/10

You fund LetsBetMD via Play+, and Play+ can be funded by card, PayPal, or bank account - still an extra step vs direct sportsbook cashier options.

Key Facts

Route: Play+ prepaid system
Funding: Card, PayPal, or Bank
Friction: Must fund Play+ first
Retail: No cash cage options
Speed: Fast once set up
Security: Standard protections

Deposit and withdrawal convenience is LetsBetMD’s clearest weakness, not because it’s unsafe, but because the flow is less direct than many competitors. Deposits and withdrawals are routed through Play+. That means you generally fund Play+ first, then move funds into the sportsbook, and withdrawals route back to Play+.

The good news is that Play+ itself supports multiple funding sources. Within Play+, you can fund using a bank card, PayPal, or your bank account. So you do have options, but they live “inside Play+” rather than inside the sportsbook cashier directly. For users who want a single-step cashier experience, that feels like friction.

Once set up, the system can work smoothly, and it’s commonly secure and predictable. Still, compared to major Maryland books that offer more direct cashier methods at the sportsbook layer, LetsBetMD is less convenient. If the operator expands to additional direct cashier methods in the future, this score would move up quickly.

Deposit & Withdrawal screenshot

5. Trust & Security

Excellent

9.0/10

Maryland-regulated sportsbook with standard protections and responsible gambling tools.

Key Facts

Regulated: Yes (Maryland)
Compliance: Geo checks + verification
Security: Standard secure sessions
RG Tools: Limits and self-exclusion
Support: 1-800-GAMBLER resources
History: Launched July 2024

LetsBetMD scores highly on trust because it operates as a regulated Maryland sportsbook. Regulation brings baseline consumer protections, including responsible gaming requirements, location compliance, and standard verification processes. For users, that means the platform is not operating in a gray market environment.

From a practical perspective, you should expect standard security behavior: secure sessions, encrypted traffic, and normal identity verification checks. Location checks are also a standard part of Maryland compliance and are not unique to this operator.

Responsible gambling visibility is important. Users should be able to find limit controls and self-exclusion guidance, along with problem gambling support resources such as 1-800-GAMBLER. Those trust signals matter because they reflect compliance posture and user safeguards rather than just marketing.

The only reason this category isn’t a perfect 10 is simple: long-term track record. Larger brands have years of operational history in Maryland. LetsBetMD can still be trustworthy and compliant, but it has less historical data in the market compared to the biggest operators.

Trust & Security screenshot

6. Customer Support

Excellent

9.0/10

Fast live chat with long daily coverage, plus email/FAQ. No phone support.

Key Facts

Live Chat: Mon-Sun 7AM–1AM ET
Email: support@letsbetmd.com
Help Center: Available
Phone: Not listed
Response: Fast via chat
Coverage: 18 hours daily

Customer support is stronger than you might expect for a smaller Maryland-only sportsbook. The key advantage is live chat availability with long daily coverage: Monday–Friday 7AM–1AM ET and weekends 7AM–1AM ET. That window covers most real-world issues, including deposits, promo eligibility questions, and bet settlement confusion.

Email support is also listed for users who need documentation or follow-ups. Combined with a Help Center/FAQ, this creates a support stack that is practical for most bettors without requiring a phone line.

The limitation is that phone support is not prominently offered. Some users still prefer a call, especially when dealing with KYC or payout questions. But if live chat is responsive and the Help Center is maintained, this support setup is sufficient for most use cases.

Customer Support screenshot

Verdict

8.0/10

LetsBetMD is best for Maryland bettors who want a clean mobile sportsbook and a high-value, two-part “insurance” welcome offer.

Frequently Asked Questions


Yes. LetsBetMD operates as a regulated online sportsbook for users physically located in Maryland.

Latest News

Always gamble responsibly. Set limits on time and money spent on betting, and treat gambling as entertainment – not income. If you feel you may have a problem, help is available: call 1-800-GAMBLER or visit the Maryland Alliance for Responsible Gambling (mdgamblinghelp.org). Self-exclusion programs and limit-setting tools should be used to stay in control.