With such a thriving sports betting market, Michigan sports bettors have many sportsbooks to choose from. Among them are many sportsbook bonuses for bettors to take advantage of. However, it can be hard for bettors to decide where to bet based on the many bonuses offered. This guide will cover the largest and fairest bonuses for bettors interested in trying sports betting. Bettors should have an easier time navigating sportsbook bonuses after finishing this guide.
|Michigan Sportsbook Bonus||Details|
|BetRivers||100% Deposit Match up to $250||1x Playthrough|
|Wynn Bet||$1,000 Risk-Free Bet||First Bet Only|
|William Hill||$2,021 Risk-Free Bet||First Bet Only|
|FanDuel||$1,000 Risk-Free Bet||First Bet Only|
|BetMGM||$600 Risk-Free Bet||First Bet Only|
|Golden Nugget||$250 Free Bets||First Bet Only|
|PointsBet||Two Risk-Free Bets up to $2,000||Points Bet Wager up to $1,500 & Fixed Odds Bet up to $500|
|DraftKings||20% Deposit Bonus up to $1,000||25x Playthrough Requirement|
|TwinSpires||One Week of Risk-Free Betting up to $1,000||First Win Ends Promotion|
|Barstool Sportsbook||$1,000 Risk-Free Bet||First Bet Only|
|Four Winds||$500 Risk-Free Bet||First Bet Only|
|FOX Bet||$500 Risk-Free Bet||First Bet Only|
Types Of Michigan Sportsbook Bonuses
Bettors will notice several types of bonuses available at Michigan’s sportsbooks. The most common are deposit bonuses and risk-free bets. However, there are spins on those bonuses that are a little bit different. We’ll cover all those below.
Deposit bonuses reward bettors for how much they deposit. If bettors deposit a lot of money at once, then they’ll get more bonus credits in return. However, those site credits usually come with two conditions. First, bettors must wager their money before the sportsbook releases the bonus credits. Second, they must often make their first deposits count. Sportsbooks limit the ways for bettors to siphon free money from them. So, they adjust their bonus terms accordingly.
For example, will award site credits at a 20% rate. That means DraftKings will award $1 for every $5 bettors deposit. However, it also has a 25x playthrough requirement. That means bettors will get $1 in site credits for every $25 they wager. Sportsbooks ultimately reward bettors who wager a lot of money, and deposit bonuses reward bettors proportionately over time.
Risk-free bets aren’t risk-free. Bettors have to wager their own money up front. If they lose, then they’ll get their stakes back in the form of site credits. But don’t confuse site credits with hard cash. Bettors can’t withdraw site credits like regular sportsbook winnings. Those site credits are meant to be used for betting.
However, there’s another condition, too. Risk-free bets are usually only good for bettors’ first wagers. So, if bettors want the free site credits, they have to place big bets up front. Risk-free bets attract bettors up front, and they’re often used by sportsbooks to retain bettors during major sports seasons.
There are a few ways to adjust these bonuses to offer new spins on old bonuses. TwinSpires’ Sportsbook offers bettors a week of risk-free betting. So, if bettors lose $500 in their first week, they can get $500 in credits back at the end of the week. It’s a variation of the risk-free bet. These variations help sportsbooks stand out from each other. Bettors should keep an eye out for the variation bets like this.
Best Michigan Online Sportsbook Bonuses
While the table above gives bettors a good overview of Michigan’s sportsbook bonuses, there are a few things bettors should know about each of them. Here are our recommendations for the best Michigna sportsbook bonus offers.
BetRivers Sportsbook offers a $250 deposit bonus. BetRivers will match bettors dollar for dollar up to $250. However, bettors need to make sure they take advantage of this bonus on their first deposits. It also has a 1x playthrough requirement. So if bettors deposit $100, they need to bet $100 to get their $100 in site credits.
William Hill rang the new year in with a $2,021 risk-free bet. It’s the largest bonus in Michigan, if not the United States. This is the best bonus for bettors who want to put a lot of money down on an underdog. But William Hill is happy to invite large bets upfront for a reason. So, bettors should choose their underdogs wisely.
Wynn Bet offers a risk-free bet of $1,000. This used to be a top of the market value. But William Hill blew everyone else out of the water with their $2,021 risk-free bet. But for most bettors with some money to put down on a pending upset, this is a good risk-free bet to take advantage of.
FanDuel offers a no-nonsense $1,000 risk-free bet. Like the other risk-free bets, bettors must take advantage of this risk-free bet on their first wagers. Bettors will get back what they put into FanDuel on their first bets. This leaves room for high-roller bettors with big money to throw down at the beginning.
BetMGM offers a $600 risk-free bet. Again, bettors have to make sure they take advantage of this bonus on their first wager. Bettors also have to deposit at least $10 to get this risk-free bet. They can also browse BetMGM’s sport-specific bonuses to cash in on other bonuses after the welcome bonus.
PointsBet $2,000 risk-free bet is actually two risk-free bets. One is a $500 risk-free bet on a regular fixed odds bet. The other is a $1,500 risk-free bet on a PointsBet, the company’s signature wager type. It lets bettors choose what the precise point spread or point total will be. Bettors are rewarded exponentially, but it’s an all or nothing bet.
DraftKings’ $1,000 deposit bonus looks eye-popping. However, there are some important conditions. Like we said earlier, bettors will get $1 in site credits for every $5 they deposit. Then they have to wager $5 to qualify for $1 in site credits. Finally, bettors have to wager $25 to be awarded $1 in site credits. DraftKings rewards bettors for how much they deposit and then wager.
Golden Nugget offers a lower risk-free bet than FanDuel although it offers a much better online casino bonus giving $25 free with no deposit! Bettors will get a $250 risk-free bet at Golden Nugget Sportsbook. It’s on the lower end of the risk-free bet dollar figure. But it’s a good choice for bettors who don’t want to put more than a few hundred dollars down on their first wagers.
How To Claim Michigan Sportsbook Bonuses
There are a few ways to claim sportsbook bonuses. First, bettors need to know where to enter their promo codes. Bettors can enter their promo codes during registration. But if they miss the chance to enter a promo code, sportsbooks still offer many promotions throughout the year. Bettors can select the promotion they want to take advantage of. That includes either an opt-in or making a bet or deposit. Bettors should read the terms before they bet so they understand how to unlock the credits for each bonus. After that, bettors just have to follow the instructions.
Michigan Sportsbook Bonus FAQs
How Old Do I Have To Be To Bet?
Usually 21. However, some states have gambling ages of 18. However, these young bettors usually aren’t allowed to enter casinos or bars because of the liquor licenses those places hold. That only leaves mobile sports betting open to them. However, most states require gamblers to be 21, making this an issue in only a handful of states, like Oregon.
Can I Claim Bonuses At More Than One Sportsbook?
Yes. Bettors can create accounts at more than one sportsbook, so they can claim more than one bonus. However, bettors can’t create multiple accounts at the same sportsbook to get the same bonus repeatedly. They can only get bonuses at other sportsbooks once per account.
What Are Playthrough Requirements?
Playthrough requirements tell bettors how much they have to wager to get site credits in their accounts. These are common with deposit bonuses. DraftKings requires bettors to wager $25 before the sportsbook releases bonus credits into bettor accounts. That ensures bettors earn their bonuses instead of taking free money from DraftKings.
What Is Bonus Abuse?
Bonus abuse is creating multiple accounts at the same sportsbook to cash in on the same bonus repeatedly. A bonus abuser would need several social security numbers, addresses, and access to people with that information to make this work. But even if they did, sportsbooks’ analytics could catch them too.
Can I Claim A Bonus Out Of State?
Probably not. Since deposit bonuses and risk-free bets require bettors to place wagers, bettors won’t be able to fulfill the bonus terms out of state. They’ll have to be in-state to do that. Unless a bonus is a true set of free site credits, bettors will have to be in-state.
How Does Geolocation Work?
Geolocation creates a virtual fence around each state where certain sportsbook features are available or unavailable. It’s how sportsbooks let states like Michigan bet on college sports, but forbid it in states like Illinois. Every state has different sports betting rules, and the virtual fence around states keeps betting in-state and makes bettors conform to their states’ betting rules.