Maryland sports wagering handle hits record $39.7M in October

Thursday, November 10, 2022 2:48 PM
  • Chris Altruda, SportsHandle

Maryland Lottery and Gaming reported a record sports wagering handle of close to $39.7 million for October, pushing total handle for the year past the $250 million mark exclusively through retail action.

The previous record was $32.5 million set in January, though it was expected that wagering during October would make a successful run at that mark. It is the first full season of college football and NFL wagering in the Old Line State, and October has five college football Saturdays along with five NFL Sundays, contributing to a 26.4% rise in handle from September’s $31.4 million.

The 13.4% hold marked the ninth time in 11 months of wagering in Maryland it was above 10%, though October’s win rate was a dramatic decline from the all-time high of 21.1% in September.