Online and retail operators saw a combined $536.7 million in wagers last month, nearly $100 million more than February’s haul.
Marylanders watched the NCAA men's and women's basketball tournaments but could not cheer for a local school. Howard University lost in the First Four and the University of Maryland women’s team fell in the first round. But still, the state saw plenty of sports betting action. that their online and retail operators saw a combined $536.7 million in wagers last month, nearly $100 million more than February’s haul. On top of that, the state’s betting market is still growing.
The overall hold came to 8.4%, with retail operators keeping 7.6% of their bets. Parlays and their 17% hold was a major contributor. When it came to a single sport wager, the NBA saw the highest handle . NCAA basketball was second with 15.6% of the money, no other sport reached double digit percentage. , like nearly every betting state, gets a majority of its wagers online. Less than 3% of the action in the Old Line State comes from a physical sportsbook.
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