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Sports Betting

Five Things You Need to Know About Maine Sports Betting, ME Online Sports Betting Apps

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Everything you need to know about Maine sports betting and legal online sports betting in ME, with Free bet offers & promo codes

With sports betting becoming more and more mainstream it seems like every week a new state is passing legislation to legalize betting within state lines. This is going to be a rapidly evolving space which is why we are making sure you have all the information you need regardless of where you live. We have broken down the betting landscape for all 50 states so that you can find out if your state has any legalized betting, or where they are at in the process. Keep in mind this is a fluid situation that will be changing on the fly as more and more states decide to enter the sports betting landscape. Here are the top-five things you need to know about Maine sports betting and ME online sports betting apps.

1) Is Maine Sports Betting Legal?

Maine does not have legal sports betting right now in 2020, but they also don’t seem to be lagging behind in terms of getting ready to offer it. It wouldn’t be shocking to see the state up and running in the next year or so as they’ve already had some attempts to get into the sports betting mix. Maine offers DFS so it’s not like they don’t have some framework in place that could help the process.

2) What Bills are Currently Before the State Legislature?

Last year, a bill (LD 553) got through the House and Senate that would have brought full mobile betting throughout the state and allowed operators to be online. The bill wasn’t signed during the legislative session, and then in early 2020, the governor vetoed it. That obviously was a huge step back in terms of getting sports betting to Maine, but all is not lost.

3) What are the Next Steps for ND Sports Betting?

Maine has some brick-and-mortar casinos already in the state and it appears they opposed letting outside companies get into the state via sports betting. If they can all work out the logistics of who gets what, one would expect another bill to be up shortly and everything could be finalized by 2021.

4) What are the Most Popular Teams to Bet on in North Dakota?

With one of the smallest state populations, just 1.3 million people, Maine isn’t home to any professional sports teams nor any major college athletic programs.

However, as part of New England, the good folks of Maine have a lot of love for the Boston-area teams. So, the New England Patriots in the NFL, Boston Celtics in the NBA, Boston Red Sox in Major League Baseball and Boston Bruins in the NHL. Because, of course.

5) Is There Anything Else to Know About North Dakota Sports Betting?

The Hollywood Casino Bangor is one of the biggest gambling establishments in the region and is also home to a racetrack where betting is allowed. This is one of two tracks in the state, along with Scarborough Downs, so horse racing has some establishments already in place.

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Maine also has had a state lottery since 1974, and it has begun offering nationwide lottery activities such as Mega Millions and Powerball.

All of these forms of gambling mean that sports betting could come to Maine in the future. In the meantime, residents are forced to look to offshore sites that accept players from the United States. While betting with these sites isn’t technically illegal, it is risky. These sites aren’t regulated by the U.S. which can be a problem if you run into any issues.

What are the Most Common Types of Bets I Can Make in Maine?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Boston Celtics -6.5 (-110), moneyline -320

at Cleveland Cavaliers +6.5 (-110), moneyline +260

O/U 206

The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.

Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

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In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

Maine Sports Betting FAQs

  1. Is Sports Betting Legal in State?
  2. How Can I bet in state?
  3. Will Maine have Online Sports Betting or Sports Betting Apps?
  4. How Do I Open an Account?
  5. How Do I Deposit and Withdraw?
  6. Do I have to be in state to place a bet?
  7. What Games Can I bet on?
  8. What Companies Will be Offering Sports Betting?
  9. What Kind of Taxes Do I have to Pay?
  10. How Old Do I have to Be to Bet in State?
  11. What are the Betting Limits?
  12. Where Do I go if I have a problem?

Need more sports betting information? Check out the Awesemo betting home page.

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