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Michigan Sportsbook Promotions 2024: Best MI Betting Bonuses & Promo Codes Explained

Last Updated on 09.04.2024
Fact checked by: Jackson T. Pierce

Michigan has welcomed online sports betting in a big way. Big name sports betting brands have arrived in the state and given bettors the chance to scoop hundreds of dollars worth of Michigan sportsbook promos.

Want your own slice of the action? Then come with me as I show you the top four sportsbook promos open to Michigan sports fans. From bonus bets at DraftKings to a classy bet insurance offer worth up to $1,000 at Caesars, these are the very best deals for new bettors.

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Claim the best sports betting bonuses in Michigan for 2024

BetMGM
Recommended
Favicon
4.7/5
Requirements (WR):
Min. Deposit: $5
Min. Odds:
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Michigan
Players from Michigan accepted
T&Cs apply, 21+
Go to BetMGM
Get bonus now
Payment Methods
Play+
Bank Transfer
PayPal
+
Withdrawal
1 – 5 Days
Apps
License
Michigan (US)
Award
GGA – Digital Operator of the Year (2023)
Show less
FanDuel
Hot Offer
Favicon
4.6/5
Requirements (WR): 1x Deposit
Min. Deposit: $10
Min. Odds:
FanDuel Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
Michigan
Players from Michigan accepted
T&Cs apply, 21+
Go to FanDuel
Get bonus now
Payment Methods
Play+
Bank Transfer
PayPal
+
Withdrawal
1 – 10 Days
Apps
License
Michigan (US)
Award
Global Gaming Awards (2022)
Show less
Caesars
Hot Offer
Favicon
4.5/5
Requirements (WR): 1x Deposit
Min. Deposit:
Min. Odds:
Caesars Bonus
100% up to $1000
Michigan
Players from Michigan accepted
T&Cs apply, 21+
Go to Caesars
Get bonus now
Payment Methods
Bank Transfer
PayPal
PayNearMe
+
Withdrawal
1 – 5 Days
Apps
License
Michigan (US)
Show less
DraftKings
4.
Favicon
4.5/5
Requirements (WR): 1x Bonus
Min. Deposit: $5
Min. Odds:
DraftKings Bonus
Bet $5, Get $150 in Bonus Bets Instantly + All-Customer SGP Insurance
Michigan
Players from Michigan accepted
T&Cs apply, 21+
Go to DraftKings
Get bonus now
Payment Methods
Play+
Bank Transfer
PayPal
+
Withdrawal
1 – 5 Days
Apps
License
Michigan (US)
Award
EGR – Operator of the year (2023)
Show More

Quick facts about online sports betting in Michigan – everything you need to know

Michigan became the fifth state in the country to legalize online gambling, and the 20th to legalize sports betting, in December 2019. Following this, several sportsbooks, including big names such as DraftKings and FanDuel, moved into the state.  Their legal guidelines vary across the country, but here’s my lightning guide to Michigan sports betting:

Can you bet on college sports in Michigan?Yes, betting on NCAA (National Collegiate Athletics Association) is permitted in Michigan. This includes basketball and football.
Number of online sportsbooks in MichiganThere are currently 13 online sportsbooks in Michigan. This number changes frequently though as new sportsbooks enter, or leave, the state.
Is online casino gambling allowed?Yes
Is retail betting permitted in Michigan?Yes, all of the online sportsbooks have a retail location partner in the state.
Legal betting ageThe legal betting age in Michigan is 21 years, or older.
RequirementsTo be able to set up an account at an online sportsbook in Michigan you’ll need to be located physically within state lines and able to provide a copy of your Social Security number.
Can you bet from anywhere in Michigan?There are a few areas of tribal land in Michigan where you can’t place sports wagers. Sportsbooks use geolocation software to verify your exact location.

Michigan betting promotions for new players – sign up here for free bets and more

Pretty much every single sportsbook has a special welcome promotion that’s only available for new sign-ups. Not only do these deals attract new bettors, but they’re a good way for you to discover if you like a site before you commit any more time or money there.

New to online sportsbooks? Don’t worry, these are all of the most common sports betting bonus types explained.

Bonus bets

Bonus bets are probably the most popular type of first timer promo because of their simplicity. Usually, to qualify for a bonus bet deal, you’ll have to place a wager of a set amount, with minimum odds.

You’ll then be given an equivalent amount of bonus bet credits to use. If you place a winning bet, then you get to keep your winnings, but the bet credits themselves won’t be included in your return.

Risk free bet (money back)

A risk free bet is another frequent welcome deal given out to new bettors and acts as a safety net on your first wager. If your initial bet wins, then your winnings become withdrawable in the usual way, but if it loses, you’ll be given the bet amount back as bonus bet credit.

Deposit match

A deposit match bonus is one of the simplest forms of promotion. It matches the first deposit you make to a site by a specified amount, e.g. 50% of your first deposit up to $100. It’s not rare to find a 100% deposit match, or even more with some sportsbook brands.

Other types of sportsbook promo

Once you’ve claimed a welcome bonus the rewards won’t stop there. The best online Michigan sportsbooks on my list have a regular selection of odds boosts, reload bonuses, and referral deals too.

You might have to use Michigan sportsbook bonus codes to claim some of these deals, but that should be made clear in the bonus terms and conditions.

The top 4 Michigan sportsbooks bonuses revealed

Let’s jump right into the best sportsbook promotions for new Michigan players. I’ve handpicked these out of the 13 online sportsbooks open to Michigan residents because they all have unique features and something special to offer, but first, here’s a quick overview of the welcome bonus each of them currently has available.

  • BetMGM – Place a $5 wager and get $158 in bonus bets: Your bonus bets are broken up into two bets of $50, and one of $58. There’s no BetMGM promo code required to claim this bonus.
  • DraftKings – Bet $5, and get $200 in bonus bets: Make a $5 deposit and place a $5 wager to receive $200 in bonus bets. Bonus bet credits are delivered as 8x $25 tokens. No promo code needed.
  • FanDuel – Wager $5 and receive $200 in free bets: Get $200 in bonus bets when you make an initial deposit of $10 and place a winning $5 wager. No promo code required.
  • Caesars – $1,000 ‘Risk-Free Bet’: New sportsbook sign ups qualify for their first bet up to $1,000. Use promo code CZR1000 during registration.

BetMGM Michigan welcome bonus

BetMGM sportsbook and casino
BetMGM Bonus: Pros & Cons
  • Get your bonus bets as three tokens
  • Easy to claim
  • Bonuses are released in 24 hours
  • Gives you the chance to explore different markets
  • Not as high value as previous BetMGM deals

The welcome bonus

New players signing up to BetMGM can enjoy the lion’s share of one of the best Michigan sportsbook promos: $158 in bonus bets when you make a wager of $5. Whether your first bet wins or loses, you’ll see $158 in bonus bets come roaring into your account.

How to claim

BetMGM have made their welcome bonus easy to claim, even if you’re completely new to sportsbooks or sports betting. As long as you set up a new account using the app, deposit the minimum amount, and make a qualifying bet then you’ll find that the winning possibilities can be very lucrative. It’s also a great way to branch out and explore different markets you might not have considered.

How does it stack up against other promos?

If you’re a first timer at online sportsbooks then you’ll find the BetMGM bonus straightforward to claim and a great way to get to know the site. This deal is not as large as some of the previous promos at BetMGM but it still gives punters over $150 in free bets.

The terms of this promotion are pretty standard compared to others that I’ve come across at online sportsbooks. There are no Michigan sportsbook promo codes needed, and your bet tokens should flow into your account seamlessly once your first wager has settled.

Key bonus terms and conditions

I’ve gone through the ts and cs of this bonus with a fine toothed comb; here are a few key points to be aware of:

  • You can use your bonus bets on any sport.
  • To qualify for this bonus, you’ll need to place a bet of at least $5 with standard odds.
  • You can’t use your bonus bets alongside any other promos, like boosted odds, or special features, such as the early cash out tool.
  • Your bonus bets will be credited to your account as 2 x $50 bets and 1 x $58 bet. Each one must be used on one wager and can’t be split up.
  • Bonus bets expire from your account after 7 days.
Sports Bonus
4.7/5
BetMGM
Sports Bonus
4.7/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Free Bet
|
T&Cs apply, 21+
Go to BetMGM
Get Bonus

DraftKings Michigan welcome bonus

draftkings main
DraftKings Bonus: Pros & Cons
  • Claim your bonus on the app
  • Low wagering requirement
  • $200 in bonus bets
  • Use your bonus bets on any market
  • Bonus bets expire after 7 days

The welcome bonus

DraftKings have an excellent reputation as a US sportsbook designed and built for US players; and for punters in Michigan this translates into an awesome welcome bonus: wager $5 and get $200 of bonus bets.

How to claim

This DraftKings promo is super easy to claim, with no Michigan sportsbook promo codes necessary. Download the app (available for iOS and Android) and register for a new account. Add your first deposit to your account and make a $5 wager. Once the bet has ended, whether you’re a winner or not, you’ll get $200 in bonus bets.

How does it stack up against other promos?

The DraftKings deal is a great way to know the DraftKings site and sample all of the possible betting markets without laying out any funds. The low minimum deposit and qualifying wager make it accessible to all players too, not just high rollers.

Key bonus terms and conditions

Before you claim any bonus it’s important to know exactly what you’re getting into. These are the most noteworthy parts of the DraftKings bonus:

  • You’ll receive your bonus bets as 8 individual $25 bets.
  • You can only use one bonus bet at a time.
  • Your bonus bets have to be used within seven days.
  • Bonus bets have a playthrough requirement of x1.
Sports Bonus
4.5/5
DraftKings
Sports Bonus
4.5/5
Bet $5, Get $150 in Bonus Bets Instantly
Welcome Bonus
|
T&Cs apply, 21+
Go to DraftKings
Get Bonus

FanDuel Michigan welcome bonus

fanduel main
FanDuel Bonus: Pros & Cons
  • Place bets on any markets
  • $200 in straight up bonus bets
  • Bonus bets arrive in 72 hours
  • No promo code required
  • You’ll need to download the app to claim

The welcome bonus

I can understand if you’re experiencing deja vu right now because the FanDuel welcome deal for new players is very similar to the DraftKings sign up bonus, but with one very big difference. You’ll receive your $200 in bonus bets only if your initial $5 wager is a winner.

How to claim

The FanDuel promo is as easy to claim as its DraftKings twin, and will see you set up with $200 in bonus bets in no time. Once you’ve downloaded the right app for your device and made a new profile, you can add your first deposit and make your bet. If it’s a winner then the $200 in free bets are yours.

How does it stack up against other promos?

This is one of the most impressive Michigan betting offers, however there is one potential sticking point – you’ll have to download the app to access this bonus. While apps are great for providing extra convenience, like the chance to make live bets court-side during games, some punters won’t want to use up their phone memory.

Key bonus terms and conditions

Here are the most important aspects of the FanDuel bonus to bear in mind while you’re claiming:

  • This bonus is only open to those using the FanDuel app.
  • To fund your account you’ll have to make an initial deposit of $10.
  • Your initial bet must be a minimum of $5. You can choose between any of the domestic and international sports available on the app, from basketball, of course, to hockey.
  • After your first bet has been settled as a winner, you’ll receive your $200 in free bets within 72 hours. You then have seven days to use your free bets before they expire.
  • Free bets come as 8 individual $25 tokens. You can use these on lots of sports but you won’t be able to use them with more complex bet types.
  • Bonus bets can’t be withdrawn. They have to be played once before you can cash out any winnings.
Sports Bonus
4.6/5
FanDuel
Sports Bonus
4.6/5
Bet $5 Get $200 in Bonus Bets if your bet wins
Welcome Bonus
|
T&Cs apply, 21+
Go to FanDuel
Get Bonus

Caesars Michigan welcome bonus

Caesars
Caesars Bonus: Pros & Cons
  • Get up to $1,000 insurance on your first bet
  • Straightforward to claim
  • Get your bet credit in 48 hours
  • Risk free way to try the site
  • Only available on losing bets

The welcome bonus

If you’re looking to back the Pistons this season then Caesar’s has everything you need with their contribution to the top Michigan betting promos: up to $1,000 back if your first bet fails to win.

How to claim

Caesars has kept things simple with this bonus deal but you will need to use the special promo code CZR1000 when you’re making your account. Once you’ve signed up to Caesars and made your first deposit, you can take your time and choose the right bet for you, as you have a whole 30 days to decide.

How does it stack up against other promos?

This is one of the largest, and most valuable, bonuses I’ve found for Michigan punters. It’s an effective way to let bettors place a bet with no worries about the result so it’s an especially good promo for first timers. There are no odds stipulations attached so it’s easy to claim, but make sure to enter the promo code to activate.

You won’t get something for nothing though, you’ll only receive a bet credit if your wager loses.

Key bonus terms and conditions

Before you sign up to Caesars it’s important to be aware of the following key terms and conditions:

  • Once you’ve made your account, you’ll have 30 days to make your qualifying wager.
  • You can place a larger initial wager than $1,000, but you’ll only get a maximum of $1,000 as a bet credit.
  • Bonus bets will go into your account two days after your bet loses. They’ll expire after 14 days.
Sports Bonus
4.5/5
Caesars
Sports Bonus
4.5/5
100% up to $1000
Risk-Free Bet
|
T&Cs apply, 21+
Go to Caesars
Get Bonus

Verdict – Great Lake sports bettors have plenty of choice with these slam dunk Michigan betting promos

It’s fair to say that Michigan bettors have a lot of options, so I’m confident that at least one of these bonuses will resonate with you. Whether you like a chance to enjoy a few bonus bets, or you prefer to have a guaranteed safety net for your first wager, there are choices for every type of sports bettor.

All of these Michigan sportsbook bonuses are correct at the time of writing but, in the fast paced world of online sportsbooks, they’re all subject to change. Check in with your chosen site for the full details and make sure to read the complete terms and conditions so you know what to expect. Stay in the loop by coming back to us at dunkorthree.com too.

If you’re already a member at any of these Michigan sportsbooks then you might feel like you’re getting a bite of the backboard, rather than a chance at a beautiful smooth dunk, but there are a lot of other exciting promo and deals open to existing players at all of these sportsbooks.

In case you missed them…

Bet365
1.
Favicon
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to Bet365
Get bonus now
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
2.
Favicon
4.7/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
Min. Deposit: $5
Go to BetMGM
Get bonus now
T&Cs apply, 21+
FanDuel
3.
Favicon
4.6/5
Bet $5 Get $200 in Bonus Bets if your bet wins
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel
Get bonus now
T&Cs apply, 21+
Caesars
4.
Favicon
4.5/5
100% up to $1000
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit
Go to Caesars
Get bonus now
T&Cs apply, 21+
DraftKings
5.
Favicon
4.5/5
Bet $5, Get $150 in Bonus Bets Instantly + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $5
Go to DraftKings
Get bonus now
T&Cs apply, 21+

Michigan sportsbook bonuses FAQs

🥳 Which sportsbook has the best Michigan betting bonuses for new players?

Michigan bettors are spoiled for choice when it comes to online sports betting. The best bonus for you is the one that meets your individual needs as a player. If you’re looking for bonus bets, then BetMGM and DraftKings both have generous offers if you place a $5 wager. If you want a safety net for your first bet then Caesars has your back with up to $1,000 back if your first bet loses.

🏀 Can I bet on any sport using Michigan betting bonuses?

That depends on the individual sportsbook. You can make wagers on a massive selection of sports at all of the sportsbooks in our list. There’s action from the NBA, NHL, NFL, as well as sporting events from all around the world.

📤 Do I have to pay taxes on any gambling winnings in Michigan?

Yes, when April 15th rolls around you’ll need to declare any gambling winnings to Uncle Sam on your tax return under ‘other taxable income’. The first $300 of winnings can be excluded from your total, but the rest will be subject to a tax rate of 4.25%.

Top Betting Sites
Top Betting Bonuses
Bet365
Bet365
Bet365 Review
4.7/5
BetMGM
BetMGM
BetMGM Review
4.7/5
FanDuel
FanDuel
FanDuel Review
4.6/5
Caesars
Caesars
Caesars Review
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.7/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.7/5
FanDuel
FanDuel Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
T&Cs apply
4.6/5
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
DraftKings
DraftKings Bonus
Bet $5, Get $150 in Bonus Bets Instantly
T&Cs apply
4.5/5
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Gambling Editor
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Gambling & DFS Editor
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Founder
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Editor
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Editor
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