Now that sports betting has been live in Michigan for a full year, there are just over a dozen sports betting apps competing for new users in a thriving industry. One of the advantages of the competition is that sportsbooks will compete to offer the best welcome bonus as an incentive for new players to try out their app.

With so many options available, picking the right bonus offer may seem like a tedious task. However, with our below guide, we explain it all in easy layman terms so you can pick your favorite offer.

Michigan Online Sportsbook Promos 2022

Michigan Sportsbook Bonus Details
DraftKings $50 Free Bet (with $5 deposit) + 20% Deposit Bonus up to $1,000 5x Playthrough Requirement
BetMGM $1,000 Risk-Free Bet First Bet Only; Use bonus code SHARP
Caesars $1,001 First Bet Match First Bet Only; Use promo code SHARPBET
FanDuel $1,000 Risk-Free Bet First Bet Only
BetRivers $1,000 Risk-Free Bet First Bet Only; Use bonus code SHARP250
PointsBet Two Risk-Free Bets up to $2,000 Points Bet Wager up to $1,500 & Fixed Odds Bet up to $500; Use bonus code BESTOFFER
Golden Nugget $250 Risk-Free First Bet Only; Use bonus code SHARP
WynnBet $1,000 Risk-Free Bet First Bet Only
TwinSpires $1,000 Risk-Free Bet First Bet Only
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

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” means that DraftKings will award $1 for every $5 bettors deposit. However, it also has a 5x playthrough requirement. That means bettors will get $1 in site credits for every $5 they wager. Sportsbooks ultimately reward bettors who wager a lot of money, and deposit bonuses reward bettors proportionately over time. 

Risk-Free Bets

Risk-free bets aren’t risk-free. Bettors have to wager their own money upfront. 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 upfront. Risk-free bets attract bettors upfront, and they’re often used by sportsbooks to retain bettors during major sports seasons.

Other Bonuses

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 bets like this. 

Best 6 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 Michigan sportsbook bonus offers. 

DraftKings Michigan

Visit: DraftKings Michigan to claim a $50 free bet (with $5 deposit) + a $1,000 deposit match bonus

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. There is also a 5x playthrough requirement before players can withdraw their winnings.

BetMGM Sportsbook

Visit: BetMGM Michigan to claim a risk-free bet up to $1,000 with bonus code SHARP

BetMGM offers a $1,000 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.

Caesars Michigan

Visit: Caesars Michigan to claim a $1,001 first bet match with promo code SHARPBET

Caesars, previously William Hill, offers one of the largest bonuses in Michigan. This is the best bonus for bettors who want to put a lot of money down on an underdog. But Caesars is happy to invite large bets upfront for a reason. So, bettors should choose their underdogs wisely. 

FanDuel Michigan

Visit: FanDuel Michigan to claim a $1,000 risk-free bet

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. 

BetRivers Michigan

Visit: BetRivers Michigan to claim a 100% deposit match bonus up to $250 with bonus code SHARP250

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. 

PointsBet Michigan

Visit: PointsBet and claim up to $2,000 in risk-free bets with bonus code BESTOFFER

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. 

Other Sports Betting Apps Available In Michigan

WynnBET Michigan

WynnBET offers a risk-free bet of $1,000. This is pretty standard among sports betting bonus offers. For most bettors with some money to put down on a pending upset, this is a good risk-free bet to take advantage of.  

Golden Nugget Sportsbook Michigan

Visit: Golden Nugget Michigan to claim $250 risk-free with bonus code SHARP

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.