Last Updated Jun 21, 2022, 02:58 PM ET
Legal Michigan sports betting arrived in 2019 and has since become increasingly popular. Sportsbooks have an acute understanding of the importance of offering lucrative welcome offers and other bonus promotions.
Caesars Sportsbook, FanDuel, and BetMGM currently offer the best Michigan betting bonuses, while PointsBet and WynnBET round out the top five.
$1,500 risk-free bet
Promo code: COVERSBET15
Caesars Sportsbook’s $1,500 risk-free bet offer is similar to other top Michigan sportsbook bonuses.
As with the others, Caesars’ $1,500 risk-free bet bonus provides a safety net for bettors on their initial wager. The main difference is that Caesars offers a maximum refund of $1,500, slightly higher than its primary competitors.
Make sure to enter the Caesars Sportsbook promo code — COVERSBET15 — when you sign up, as it ensures eligibility for the online sportsbook’s welcome offer.
Caesars Sportsbook’s welcome offer runs until July 1, 2022. Below are five of the most important stipulations:
Must reinvest all of the free site credit on follow-up wagerHave to lose first bet for promotion to take effectCaesars’ $1,500 risk-free bet offer provides the highest maximum refund amount of any top-tier Michigan sportsbook. It’s a value-added offer, so you don’t get something for nothing — if you win your first bet after signing up, the offer becomes null and void.
Those who can deposit a larger sum of money will invariably earn a higher reimbursement should their first bet lose. However, depositing more also means you have more to lose if both the qualifying and follow-up wager don’t go your way.
As with FanDuel, there are no odds requirements for the Caesars Michigan offer, meaning you are free to make any sort of wager on any market you wish. As an example, you could bet $1,500 on the Detroit Red Wings at +350 and win $5,250 if they best their matchup.
Caesars’ promo for new users is among the best Michigan betting bonuses for various reasons, but the $1,500 maximum reimbursement is the primary one. It’s a higher maximum than any other Michigan sportsbook offers.
$1,000 no sweat first bet
No code required
FanDuel’s $1,000 no sweat first bet welcome offer is among the best Michigan sportsbook bonuses — not a surprise since FanDuel also touts one of the best sports betting apps. It provides sports bettors with a safety net as they begin their betting journey. Remember: There is no FanDuel promo code needed to claim this bonus.
As with some of the other top Michigan sportsbook bonuses, FanDuel’s welcome offer activates if bettors lose their opening wager. In this case, FanDuel will credit the user's account with the amount wagered – up to $1,000 – in the form of free bets within 72 hours of the wager being settled.
It’s always important to know exactly what you’re committing to. Here are five of the most notable terms attached to FanDuel’s MI welcome bonus:
Winnings do not include the bet credit amountCan take up to 72 hours to receive free betsThe $1,000 no sweat first bet FanDuel welcome offer provides new and experienced bettors a safety net on their initial wager. Since a losing bet is what triggers the bonus funds, bettors can feel comfortable making a riskier play than they normally might since they’re guaranteed to receive their stake – up to $1,000 – back in the form of free bets.
This depends on the bet you opt to make. Since there are no odds requirements for the FanDuel Michigan offer, you could either wager on a heavy favorite for safety or an underdog for a potentially large payout. For example, if you bet the full $1,000 on the Detroit Pistons at +200, you would win $2,000 if they come out victorious.
FanDuel’s $1,000 no sweat first bet welcome offer provides an opportunity for a first-time customer to bounce back should their initial bet fail. The online sportsbook also allows ample time to use the free bets before they expire.
$1,000 risk-free bet
No code required
There’s a unique aspect to BetMGM’s $1,000 risk-free welcome bonus that makes it especially alluring. While its offer is similar to FanDuel and Caesars’, BetMGM reimburses lost first wagers slightly differently.
For losing bets of $50 or more, BetMGM reimburses the stake via five equal denominations. So if you bet $200 and lose, you’ll receive five $40 free bet tokens. That allows bettors to make five subsequent bets on BetMGM’s dime. Also, BetMGM refunds the stake within 24 hours, faster than most other Michigan sportsbooks.
Below are six crucial terms on BetMGM’s welcome bonus:
No promotion if first bet winsBettors have only seven days to reinvest site creditOnly winnings paid out on follow-up betOther Michigan sportsbooks will have a tough time outshining BetMGM’s welcome bonus. With a potentially high maximum refund and a quick turnaround on reimbursements, the operator’s $1,000 risk-free offer has all the trimmings. It’s no wonder why people are clamoring to get involved with BetMGM.
If you're planning on betting the maximum $1,000 during your first stint with BetMGM, it would be smart to wager on an underdog to facilitate a potentially enormous payout. The amount you can win will be dependent on the odds associated with your underdog pick. Of course, since you have two opportunities to win, you can wager unafraid with your initial bet.
Refunds are paid out within 24 hours of the initial losing wager’s settlement. Additionally, bettors can look forward to receiving five equal free bet tokens, providing as many follow-up bet opportunities.
Risk-free bet of up to $500
No code required
PointsBet Michigan provides bettors with a familiar sign-up bonus offer of a risk-free bet up to $500.
As with other risk-free promos, bettors will get a second chance at glory should their first fixed odds wager fail. PointsBet will refund the amount bet, up to $500, in site credit.
There are a few stipulations attached to this welcome offer. Here are four to make note of:
Promotion only activates if first bet losesOnly winnings paid out on follow-up betThe $500 PointsBet risk-free bet allows first-time customers to be a little riskier than they might ordinarily have been with their initial wager. This means a greater chance at a significant payout without the stress that typically accompanies trying to achieve it.
The amount of money you can make through PointsBet's sign-up bonus will vary depending on the size of your first wager. There are no odds requirements for PointsBet's offer, which means you can lock in your bet on whatever you desire. For example, if you opt to put down a wager on the Detroit Lions at odds of +650 using the maximum $500 amount, you would obtain $3,250 should your bet win.
Bettors will not be stuck with using the free bet on a single wager — the ability to break down the reward into four separate bets provides a good amount of flexibility. The fact that the free bet arrives only 24 hours after the initial losing wager has settled is nice, too.
Bet $50, win $200
No code required
While WynnBET doesn’t have a welcome bonus that offers a high maximum refund value, it does provide simplicity and a guaranteed $200 worth of free bets.
Users must first sign up for the online sportsbook and wager at least $50 to redeem the $200 free-bet offer. Qualifying wagers cannot have shorter odds than -120, ensuring bettors can’t back heavy favorites. No promo code is required to redeem this offer.
Here are some notable terms for WynnBET’s welcome bonus.
Odds restriction in placeFree bets cannot be withdrawn immediatelyEach free bet token must be used within seven daysWynnBET guarantees bettors get their hands on $200 worth of free bets. It’s nice to know you’re definitely getting something back when you sign up.
However, bettors must invest at least $50 to receive the incentive. It’s a high minimum threshold, but many will find it worthwhile once they earn their $200 in free bets.
Unfortunately, the way WynnBET Michigan's welcome bonus is released — $50 at a time, seven days apart — makes it difficult to stack bets. The most you will be able to put down when utilizing the free bets is $100. Keep that and the odds restriction in mind — -150 or longer — when making your picks.
The guarantee of receiving $200 in free bets makes this welcome offer different from most others and worthwhile.
Risk-free bets, deposit matches, and no deposit bonuses are three of the most common sportsbook sign-up bonuses in the industry, all of which have benefits and drawbacks. Most operators with the best Michigan betting bonuses employ risk-free bet and deposit offers.
Risk-free bets are utilized by FanDuel, BetMGM, and Caesars Sportsbook, although sometimes different terminology — such as first-bet insurance — is used to describe the promotion. These bonuses are excellent offers for bettors looking to invest higher amounts on their initial wager.
Since there’s a safety net in place, bettors can look at first-wager options with longer odds. If that bet loses, no sweat, as the online sportsbook reimburses the entire stake, facilitating a do-over bet.
Bettors can then be more conservative on the second bet, ensuring a higher probability of winning. Sportsbooks are using risk-free bets more and more because they are particularly appealing to bettors of all skill and experience levels.
A deposit match is exactly what it sounds like — the sportsbook will match the bettor’s deposit amount in some form of free currency.
There are various types of deposit matches, including 100%, 50%, 20%, etc. If you see a 100% deposit match bonus offer, it’s best to consider taking advantage of it. Keep in mind that playthrough restrictions usually accompany such bonuses.
No deposit bonuses are promotions offered to existing and new users. Sportsbooks use them to re-engage and motivate by depositing free site credit into a user’s account without asking anything in return.
This type of bonus is also used regularly for tournaments like March Madness, as it is an effective way of getting bettors committed and excited. It also helps garner increased deposits from bettors in the long run.
Michigan presently boasts 15 legal online sports betting sites. The state launched online sports betting in January 2021, when 10 operators immediately went live.
| Online sportsbook | Mobile app | Odds provider | Online casino | Retail partner |
|---|---|---|---|---|
Barstool  |
Yes | Kambi | Yes | Greektown Casino |
| BetMGM |
Yes | BetMGM | Yes | MGM Grand Detroit |
| BetRivers |
Yes | Kambi | Yes | Little River Casino |
| Caesars |
Yes | Caesars | Yes | Turtle Creek Casino |
| DraftKings |
Yes | SBTech | Yes | Bay Mills |
| Eagle Casino & Sports | Coming soon | GAN | Yes | Soaring Eagle Casino |
| FanDuel |
Yes | Flutter | Yes | MotorCity Casino |
| FireKeepers | Yes | SG Digital | Yes | FireKeepers Casino |
| Four Winds | Yes | Kambi | Yes | Four Winds Casino |
| FOXBet |
Yes | TSG | Yes | Odawa Casino |
| Golden Nugget |
Yes | SBTech | Yes | Ojibwa Casino |
| Play Gun Lake (Parx) | Yes | Kambi | Yes | Gun Lake Casino |
| PointsBet |
Yes | PointsBet | Yes | Northern Waters Casino Resort |
| TwinSpires |
Yes | Kambi | No | Northville Downs |
| WynnBET |
Yes | GAN | Yes | Kewadin Casino-Hessel |
Caesars' $1,500 risk-free bet welcome offer is the best bonus promo in Michigan right now.
You can claim a sign-up bonus for each Michigan sportsbook you open an account with.
Bonus abuse is when a bettor repeatedly signs up for bonuses at the same sportsbook.
You must be 21 years or older to bet on sports in Michigan legally.
Joshua Howe is a commercial content editor at Covers, assisting experts in making smarter sports bettors. Prior to joining the team in 2021, the experienced writer and editor worked in a variety of industries, including sports, marketing, and publishing.
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