Maryland Odds + Bet Types
The Terps are a beloved institution in the state of Maryland, though they are not typically one of the NCAA’s top-flight football teams. However, they often play spoiler to better teams (on paper), making them a profitable underdog for the savvy bettor who pays attention to Maryland odds week in and week out. That said, the team is no slouch in its own right, making bowl appearances on an almost yearly basis in a competitive football conference. However, the Terps really come out of their shell when it comes to men’s basketball. MDU is one of the most successful programs in the country, consistently making the Big Dance and playing perennial bracket buster for millions of bettors. If you’re a smart gambler, you know to never sleep on the Terrapins, as doing so can come back to bite you in a big way.
When betting on the Maryland Terrapins, UMD fans will typically come across three major wager types on the odds boards at any given land-based or online sportsbook. These are the most common bet varieties across all team sports, and every type of game features these, whether you’re putting money on football, basketball, baseball, hockey, or anything else. Most folks are most familiar with spread bets, but straight bets and totals bets (aka over/under bets) are also fairly prominent in the sports media. Props are less common, but they’re a lot of fun, too, and the bigger the game, the more props tend to be offered by your bookmaker of choice. For a brief overview of sports betting in Maryland – and for a look at the current MD betting odds on most books’ boards – keep reading!
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Current Maryland Betting Odds
The current MD betting odds are available at most offshore sportsbooks, though these are limited to the team’s NCAAM (basketball) futures. Because the Terps are frequent basketball powerhouses, this makes sense, as not only are they actual contenders, but they almost always provide bigtime bracket shakeups during March Madness. All of the top books have the MD men’s basketball program trending in the middle of the pack on their championship futures boards. Unfortunately, MD is not considered a football powerhouse, so their title futures will typically not be included at the major books. (As the season progresses, however, you will likely see MD football futures on the team’s odds to win the Big Ten Conference.)
- NCAA Men’s Basketball National Champion: +8000
- NCAA College Football Playoff National Champion: +100,000
Maryland Straight Moneyline Bets
Maryland straight bets, aka straight-up or straight moneyline bets, are the easiest to understand, as they simply require you to pick a winner. The odds are displayed in the American moneyline format, and these show both the payout ratio of the bet as well as how big of a favorite or underdog a given team is. With straight bets, the number beside Maryland’s name will be either positive or negative, denoting underdog or favorite status, respectively. Further – and this is true with all moneylines in general (which serve as every bet’s “price tag”) – a negative number shows how much money you have to risk to win $100, while a positive number shows how much money you stand to win on a $100 bet. An example is shown below:
- Penn State (-185) at Maryland (+230)
Here, Penn State is the favorite, and a $185 wager on the Nittany Lions pays out $100. Meanwhile, a $100 wager on the underdog Terps to win pays out $230. Note that with moneylines, these numbers are not wagering minimums – they simply reflect the ratio of risk to reward for the given wager. Most online sports betting sites will accept bets of as little as $0.50.
Maryland Spread Bets
Spread bets, thanks to the national sports media, are likely the wager type you’re most familiar with. A spread makes wagering more enticing for sportsbooks, as it allows them to handicap the stronger perceived team so more folks bet on the matchup. Sometimes, the Terrapins are such heavy favorites in football that bettors don’t really want to pony up significant cash on -1100 odds, for example. Meanwhile, sportsbooks don’t want to carry that much liability on lopsided action. To get people wagering on both sides, then, a book will establish a point spread. The favorite “gives points” to the underdog, as you can see here:
- Maryland -13.5 (-110) at Navy +13.5 (-110)
With a line like this, the wager cost (aka the moneyline) is shown in parentheses and is typically the same for both teams. The point spread “takes” 13.5 points from the Terps and “gives” them to the Midshipmen. Thus, in order to win the bet, UMD must beat Navy by at least 14 points, while Navy can lose by up to 13 points and still win the wager.
Maryland Over/Under Bets
Over/under bets, also called totals bets, are not concerned with winners and losers. Instead, totals are only concerned with the final cumulative score of the game. As such, you’re betting on whether you think the two teams facing off will combine to score more points or fewer points than the number assigned by the sportsbook.
- West Virginia at Maryland 54.5 O/U (-110)
In this example, you simply choose whether you think the Mountaineers and the Terrapins will combine to score more than (“over”) or fewer than (“under”) 54.5 points. If you pick the over and the final score is 32-28, you’d win, as 60 points is greater than 54.5 points. If the score is 28-22, however, you’d lose, as 50 points is less than 54.5 points. Note that sportsbooks often use half-point increments to prevent outcomes that exactly match the posted numbers. These results are called “pushes,” and reputable sportsbooks typically refund all action on bets that push.
Maryland Prop Bets
Props are the final kind of common sports wager when it comes to MD athletics. Most matchups will only feature a few props, but once the Terrapins are in a tournament or bowl game, sportsbooks tend to increase these dramatically. There are two main kinds of UMD prop bets: player props and team props.
Player props concern single-game player statistics or achievements, and these can range from how many TDs the Terps QB throws to how many hits the shortstop racks up to how many threes the starting point guard knocks down.
Team props are like player props, but they’re based on team stats for a single game. Common UMD team props you’ll see will be things like how many interceptions the defense racks up, how many points in the paint an offense accumulates, and how many errors the team commits in the field.
Maryland Futures Bets
Futures bets are like props, but they’re based on longer-term outcomes. These can also be both player and team based. A player futures bet might be on the odds UMD’s hotshot running back will win the Heisman Trophy. Meanwhile, a team futures bet would be something like Maryland’s chances to win the Big Ten title or national championship. Futures odds are usually posted before the start of the regular season, though in the case of player odds, these can be added as the season progresses. As a general rule, futures bets pay out less as the season goes on, so it’s a good idea to wager as soon as you see a line you like.
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