Best Michigan Sportsbook Promos & Bonus Codes for 2023 – Claim up to $1,250

Michigan has one of the biggest online sports betting markets with over a dozen apps. But which of these online bookmakers offer the best Michigan sportsbook promos? Find out here as we cover the top Michigan sportsbook bonuses, along with different types of promos, features of great bonuses, and common mistakes when pursuing offers.

Michigan Sports Betting Promos for September 2023 & Promo Codes

Again, this guide will focus on the absolute best Michigan betting bonuses. But you can see all the available welcome promotions below in case you want more options.

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Reviews of the Best Michigan Sportsbook Bonuses

Our rankings above provide an overview of top Michigan sportsbook bonus offers. But you may want more details on why these particular promos stand out over others. You can read reviews on the best Michigan sportsbooks in terms of promos below. Keep in mind that these are some of the top sports betting sites in the US and their benefits go beyond the available bonuses and promotions.

1. Caesars – Largest Michigan Sportsbook Bonus at Up to $1,250

Our Caesars Michigan Bonuses Verdict (Rating 9.7 / 10)

Caesars Sportsbook features the biggest welcome bonus in the Michigan online sports betting market. It provides first bet insurance (a.k.a. no sweat first bet) up to $1,250. If you lose your first wager (min. $10), you’ll receive a matching bonus bet worth up to $1,250. We’d prefer that this reimbursement break down into several bonus bets, but we’re still enticed by the overall size.

Caesars also includes loyalty points in the welcome package, offering 1,000 Reward Credit and 1,000 Tier Credits. These points ensure that you get something out of the Caesars Sportsbook bonus even when your first bet wins.

Besides the large welcome deal, you can take advantage of the loaded Caesars Rewards program. Each bet placed here delivers points, which are good for online or resort perks. Finally, you can expect other promos that revolve around insurance on your bets.

How to Claim the Caesars Michigan Welcome Bonus

You can grab the Caesars MI bonus through the following steps:

1. Sign up for an account at Caesars Michigan online.
2. Use the CZRFULL promo code.
3. Deposit at least $10.
4. Make a first bet worth $10 or more.
5. If your first wager loses, you’ll receive a matching bonus.

As with all bonuses, the Caesars deal comes with terms and conditions. Here are the most notable T&Cs:

• You must place your initial $10+ wager within 30 days of registering.
• If the first bet loses, you’ll receive a matching bet credit within two days.
• 1x wagering requirements (a.k.a. rollover) on the received bonus.
• You have 14 days to use the bonus bet.
• 1,000 Tier and 1,000 Reward Credits arrive within seven days of your first wager.

Caesars MI sports bonuses:

Pros & Cons:

2. DraftKings – Bet $5 and Get $150 / Best Bonus for Low Stakes Bettors

Our DraftKings Bonuses Verdict (Rating 9.6 / 10)

You’ll definitely want to consider the DraftKings Michigan bonus if you’re a low roller. After all, you only need to deposit and wager $5 to get $150 in bonus bets. The bet credits come as eight $25 wagers, meaning you don’t need to use the bonus all at once.

DraftKings has some other quality Michigan sportsbook promos beyond its welcome offer. You can expect no sweat wagers, odds boosts, parlay offers, and refer-a-friend bonuses.

Prediction contests and social elements are also available at DraftKings Michigan. The contests see you make picks in hopes of earning prize money. The social aspects let you share different parts of your online betting journey with friends.

How to Claim the DraftKings Michigan Welcome Bonus

Here are the steps to getting the DraftKings bonus:

1. Visit DraftKings MI through one of our links.
2. Register for an account (no promo code needed).
3. Deposit $5 or more.
4. Make a bet of at least $5.
5. Collect six bonus bets worth $25 apiece.

You can see important terms and conditions on this deal below:

• Bonus bet credits are available for seven days.
• Bonus bets must be used once, with winnings not including original stake.
• Promo doesn’t include odds boosts, profit boosts, or bonus bets.

DraftKings MI sports bonuses:

Pros & Cons:

3. FanDuel – Insured Bet up to $1,000 / Many SPG & No Sweat First Bet Promos

Our FanDuel Bonuses Verdict (Rating 9.4 / 10)

FanDuel offers up to a $1,000 no sweat first bet to new depositors. You must deposit and wager at least $10 to take advantage of this offer. If you lose, you’ll receive a matching refund worth up to $1,000 in bet credits.

Aside from this big welcome deal, FanDuel runs various leaderboard competitions and promos for parlays and same game parlays. It even has a Race of the Day insurance promotion if you’re into horse racing.

The one thing that FanDuel doesn’t have is a rewards program. But you can probably overlook this when considering the many other promos at this sportsbook.

How to Claim the FanDuel Michigan Welcome Bonus

The FanDuel Michigan bonus is available through a few simple steps:

1. Visit FanDuel using the link below.
2. Sign up for an account (no promo code).
3. Deposit at least $10.
4. Place a minimum wager worth $10 or more.
5. Get up to $1,000 in bet credits if your wager loses.

A few important terms to note with this offer include:

• $10 min deposit after signing up on the site.
• $10 min first bet on any sportsbook market
• FanDuel delivers bonus wagers within two days of a losing bet.
• 1x rollover for the received bonus bet.
• Bonus bets have an expiry date of 14 days.

FanDuel MI sports bonuses:

Pros & Cons:

4. BetMGM – Insured First Bet up to $1,000 / Great Refer-a-Friend Program

Our BetMGM Bonuses Verdict (Rating 9.2 / 10)

Like FanDuel, BetMGM also insures your initial wager by up to $1,000. Provided you bet and lose at least $50, your refund will include five equal-sized bonus wagers. A losing first bet between $10 and $49, meanwhile, delivers a single bonus bet credit.

Moreover, you can score $50 for every qualifying friend referral. Your friend just needs to sign up through your link and deposit $10 or more.

The BetMGM promotions are few and far between past the welcome offer and refer-a-friend program. But BetMGM Rewards and its many perks do help make up for the limited promos.

How to Claim the BetMGM MI Welcome Bonus

The steps to obtain the BetMGM Michigan bonus are as follows:

1. Go to BetMGM MI through one of our links.
2. Create an account.
3. Deposit at least $10.
4. Make an initial wager of $10 or more.
5. Receive bonus wagers on a losing bet.

Notable T&Cs attached to this offer include:

• You must deposit and bet $10 or more after signing up.
• A $50+ losing wager delivers five equal-sized bonus bets (eg, $250 loss = five $50 wagers).
• A losing bet worth $49 or less delivers one bonus wager.
• Expiry date on bonus bets is seven days.
• 1x rollover after receiving the bonus bets from the insurance.

BetMGM MI sports bonuses:

Pros & Cons:

5. PointsBet – Up to $250 in Second Chance Bets / Unique Welcome Promotion

Our Michigan Bonuses Verdict (Rating 8.6 / 10)

This betting site stands out from the pack with an interesting welcome promo. PointsBet offers five second chance bets worth up to $250 to new sports bettors. You just need to make your first deposit and use the code WELCOME10 to qualify.

The second chance wagers are available on the first five days after you deposit. If your first fixed odds wager loses on any of these days, you’ll receive a second chance bet. The most you can score on a second chance wager is $50, meaning the entire bonus is worth up to $250 ($50×5).

PointsBet also offers a 100% deposit match bonus up to $250 (code RACING250). Available for horse racing, this deal delivers the funds in the form of bonus bets.

How to Claim the PointsBet Michigan Welcome Bonus

Here’s how to get the PointsBet MI bonus:

1. Visit PointsBet through a Techopedia link.
2. Sign up and use code WELCOME10.
3. Deposit $10 or more.
4. Bet on one or more days throughout your first five days.
5. You collect a second chance bet whenever your first daily wager loses.

Some important terms behind this offer include:

• $10 minimum deposit.
• $0.50 minimum bet (first wager of each day).
• Promo runs for the first five days after your initial deposit.
• Only fixed odds bets qualify (not PointsBets).
• You receive second chance wagers within 24 hours of a losing bet.
• 14-day expiry date on second chance bets.

PointsBet MI sports bonuses:

Pros & Cons:

Why Use Michigan Sportsbook Promo Codes?

A Michigan promo code gives you access to exclusive sports betting bonuses in the Wolverine State. You enter these codes when registering or making a deposit.

Not all Michigan sportsbook promo codes are created equally – even at the same betting site. Some codes provide better deals, such as more bet credits or a higher deposit match. Our team of experts works to ensure that we can always supply you with the top sportsbook promo code for any given site.

When Can you use Michigan Sports Betting Promo Codes?

You can use bonus codes at any Michigan online sportsbook that accepts them. Going further, you input a promo code during either the sign-up or deposit process. Caesars, for example, requires you to enter the CZRFULL code during the first part of registration.

This process only applies to MI betting apps that feature bonus codes. The majority of Michigan online sportsbooks require you to follow affiliate links for special promotions. Therefore, you can use our buttons to score top Michigan promos in the absence of promo codes.

Can you Redeem Multiple Michigan Promo Codes and Bonuses?

You can qualify for the welcome bonus at each MI online sportsbook once. So, yes, you could use multiple Michigan bonus codes provided each one is for a different betting site.

Of course, you can pursue multiple promotions at the same mobile sportsbook too. In this case, you’d use a different bonus code for each separate deal when necessary.

How to Claim Michigan Sportsbook Bonus Offers

You shouldn’t experience any trouble claiming Michigan sportsbook promos. Here’s an example on the ease of picking up bonuses at MI betting sites:

1. Make sure you’re within Michigan state lines for depositing purposes.
2. Choose your state (MI) and hit the Bet Now (eg, Sign-Up) option.

3. Enter your email and the relevant Michigan promo code (optional).

4. Fill out the rest of the registration form.

5. Choose a banking option and make a deposit.

6. Visit the sportsbook area and place your first qualifying bet.

Types of Michigan Betting Promos Available

The exciting thing about Michigan sportsbook offers is that you’re not limited to one as you’ll find several promo types available. These different sports betting bonuses add more entertainment when you’re seeking extra winnings. Here’s a broader look at the various promotions available to Michigan bettors.

Deposit Match Bonus

Deposit bonuses match your deposit by a certain percentage up to a maximum amount. For example, DraftKings sometimes offers a deposit bonus worth a 20% match up to $1,000. Deposit match bonuses aren’t overly common within Michigan sports betting, but you’ll still occasionally see them on some sites.

First Bet Insurance / Refunds

Insurance provides a refund when your bet loses, with the refund normally being in bonus bets. For example, you might receive a matching refund worth up to $1,000 on a losing bet. Insurance is among the most common Michigan welcome bonuses and may or may not require a bonus code.

Reload Bonuses

A reload bonus is available to existing sports bettors at an online sportsbook. It can be anything from a bet credit to deposit bonuses. Contrast reload bonuses to sign-up bonuses, which are only available to new sports bettors at a MI betting site.

Game/Event Specific Bonuses

Some Michigan sports betting promos are only available for a certain game or event. For example, an online sportsbook might provide a profit boost for the Detroit Tigers vs. Kansas City Royals.

Bonus Bets

Commonly part of sign-up promos, bonus bets let you wager without putting up your own money on the line. You’ll earn winnings minus the stake when your bonus bet wins.

Parlay Insurance

This promo returns your stake on a losing parlay that meets certain conditions. For example, you might get your stake back if your NHL parlay loses by one leg.

Odds Boosts / Profit Boosts / Parlay Boosts

An odds boost will improve the odds of one side of a match-up. For instance, a bookmaker might move the Detroit Pistons odds from +150 to +200. Meanwhile, profit and parlay boosts increase your winnings by a certain percentage, usually depending on the number of legs on the ticket.

Referral Bonuses

A referral bonus rewards you for each friend sent to a sports betting site. For example, you may receive $50 when a buddy signs up and deposits through your referral link.

Loyalty Program Rewards

Most legal online sportsbooks in Michigan feature loyalty programs, which give you points based on your wagering action. You can use the points to get online perks, like bet credits, and/or discounts at associated land-based casino resorts.

Reduced Juice Bets

MI sports betting sites take juice (aka “vig”) from the losing side of a fixed odds wager to earn revenue. For instance, the vig is usually 10% on a -110 fixed odds wager. A reduced juice bet, on the other hand, might only impose 5% vig at -105 odds.

Michigan Sportsbooks Promos Terms and Conditions

All Michigan sportsbook promos require you to satisfy terms and conditions. You can see the most common T&Cs below, along with how to meet them.

Playthrough Requirements

Rollover (aka, “playthrough” or “wagering requirements”) determines how many times over you must wager a bonus before cashing out. If playthrough is 1x on a $50 bonus, for example, you must wager $50 (50×1) before withdrawing the bonus.

Sportsbook Promo Codes

Some promotions in the Wolverine State require a Michigan promo code during the qualification process. For instance, you need to enter the bonus code “SPORTS” to qualify for the BetRivers MI welcome offer.

Number of Deposits

Most Michigan sportsbook promos are only valid for one deposit. But you may occasionally find a deal that spans two or more deposits.

Min/Max Deposit

A min deposit is the least you can deposit and still qualify for a promotion. The typical Michigan bonus offer requires you to fund your account with at least $10. A max deposit, meanwhile, is how much you must deposit to get the maximum bonus funds. You’d need to send $1,000 to fully benefit from a 100% deposit match bonus up to $1,000.

Qualifying Wager & Min Odds

The qualifying bet is the smallest wager you can make to qualify for a MI sports betting bonus. The standard betting promo in Michigan requires at least a $10 wager. Additionally, you may need to place your bet at minimum qualifying odds. An example would be min odds of -250 or greater (eg, -200, -145).

Expiry Date

Many Michigan sportsbook bonus offers have an expiration date on when you must use the offer. For instance, you might have to use bonus bets within 14 days of receiving them, or else they expire.

Geolocation & Age Limit

All MI sports betting apps require you to be within state borders when placing wagers and using promos. You also must be at least 21 years old to legally make bets and earn bonuses.

Payment Method Restrictions

Some deposit and withdrawal methods may not be valid for specific Michigan sportsbook promo codes. Check a bonus’ terms and conditions to see if any payment methods are restricted.

Features of Good Sports Betting Promos in Michigan

Michigan sports betting promos compare well to any other state with a legal sports betting industry. That said, you’ll find plenty of benefits to pursuing these offers. However, Michigan sportsbook promotions may present certain challenges too, just like in any other state. You can see an overview of the pros and cons of Michigan sportsbook bonus offers below.

Common Traits of the Best Sportsbook Promos in Michigan

• Lots of bonus money – The Michigan online sports betting market has plenty of large bonuses. For example, Caesars offers up to $1,250 in insurance on your initial wager.
• Low rollover – You normally only have to meet 1x rollover on Michigan sportsbook promos. Once you wager the bonus one time over, you’ll convert bonus funds into withdrawable cash.
• Clear terms & conditions – Nobody wants to be confused when pursuing sportsbook offers. Luckily, most Michigan promos have clear T&Cs and avoid any confusing language.
• Low qualifying wager – Lower qualifying bets are preferable to higher wagers, especially if you’re dealing with a small bankroll. For example, DraftKings only requires you to place a $5 bet for its bonus offer.
• Multiple bonus bets – Several bonus bets let you spread risk out and boost your chances of potential winnings. Contrast this to a single bonus bet credit, which forces you to lay all your hopes on one wager.

What to Watch for with MI Sportsbook Promotions

• Short time frame to bet – Some Michigan sports betting promos only give you seven days to bet and use bonus funds. By contrast, most other Michigan sportsbook bonuses allow for 14 days or more.
• High qualifying bet – $10 is the norm for qualifying bets involving MI online sportsbooks. But WynnBET, for example, differs from the pack with a lofty $100 qualifying wager.
• Minimum odds – Certain Michigan sports betting apps require you to bet at minimum odds. The idea here is to keep you from backing heavy favorites just to meet rollover.

Mistakes to Avoid when Claiming a Michigan Sports Betting Bonus

MI online sports betting sites make it as easy as possible to claim their promos. Nevertheless, Michigan bettors can still trip up and make mistakes while chasing bonuses. Here are the most common pitfalls to avoid when going after Michigan sportsbook promos:

Mistake #1 – Using the Wrong Bonus Code

Some Michigan sportsbook promos require bonus codes to qualify. For example, you must currently enter CZRFULL when claiming the welcome offer at Caesars Sportsbook. Make sure to enter the right code when dealing with a promo code offer.

Mistake #2 – Failing to Meet Rollover

You must normally meet 1x wagering requirements to convert Michigan bonus funds into withdrawable cash. Withdrawing before this will result in losing your bonus amount.

Mistake #3 – Not Depositing Enough

The average MI online sportsbook requires the same min deposit for promos as it does general deposits. But some Michigan sportsbook bonus offers call for a higher deposit amount than the general minimum.

Mistake #4 – Exceeding Minimum Odds

Certain MI online sports betting promos require you to bet at min odds or greater. If the min odds are -200, for example, then you can’t wager at -225 and still win through a bonus.

Mistake #5 – Betting on the Wrong Market

Michigan online sportsbooks may restrict a bonus to one or more specific markets. For instance, you can’t qualify for an MLB odds boost through college sports betting.

Payment Methods to Claim Michigan Sports Betting Bonuses

You can deposit and take advantage of Michigan sportsbook promos in a variety of manners. Here are the different deposit methods available in the Grand Lake State.

• Bank cards: Fund your online sportsbook account instantly using bank-issued debit and credit cards.
• Casino cage cashier: Visit a land-based sportsbook connected to your preferred online sportsbook.
• E-wallets: Make deposits and receive winnings through an e-wallet, which is a link between your bank account and MI online sportsbooks.
• Prepaid cards: Load money onto a Play+ card and deposit at a mobile sports betting app.
• Online banking: Send an e-check from your bank to a MI online sportsbook.
• Wire transfer: Pay a fee to wire money from your bank to a sports betting site.

What Michigan Online Sportsbook Bonuses are Coming in 2023?

The Michigan online sports betting market is maxed out with 15 total apps—the most allowed under state law. Each of the state’s 12 tribes has an online betting license, along with one apiece for the three commercial casinos.

Therefore, it doesn’t appear that any new sites will be coming to Michigan this year. But you can expect plenty of new promotions from a general sense. MI sports betting sites are always looking for ways to keep existing customers happy. We expect to see special promotions for the playoffs and finals of every major league left in the year, plus offers for other massive sporting events.

Are Michigan Sportsbook Promos Legal?

Online sports betting is legal in the Wolverine State through the Lawful Sports Betting Act. Legal online sportsbooks can operate here as long as they hold licensing with the Michigan Gaming Control Board (MGCB). By extension, licensed and legal sports betting sites can run promotions. The key is that these promos fall within the MGCB’s parameters of responsible online gambling.

For example, online sportsbooks can’t use the term “free bet” to describe bonus bet offers. After all, a bonus bet offer comes with terms and conditions attached. Sports betting apps aren’t handing you free money in these cases but require you to meet specific T&Cs.

But from an overall sense, yes, Michigan sportsbook promos are perfectly legal. You just need to make sure that you’re dealing with licensed and legal online sportsbooks when pursuing them.

Are there Taxes on Betting Bonuses in Michigan?

The state treats land-based and online gambling winnings as taxable income when you have a profitable year. Therefore, Michigan sports betting winnings at retail and online sportsbooks are taxable. By extension, bonuses are included in taxes if they contribute to a winning year. $100 in bonuses and $500 in winnings, for example, would equal $600 in total income.

The state income tax in Michigan is 4.25%, while the federal income rate is 25%. So the total tax rate on betting bonuses for profitable years is 29.25%.

The Best Michigan Sportsbook Sign-Up Bonus This Month

MI legal online sportsbooks collectively offer plenty of great promotions. But if you’re seeking the absolute best Michigan online sportsbook bonus, then you’ll find it at Caesars.

The Caesars Sportsbook promo offer (code CZRFULL) stands out due to its size and extra loyalty points. Your first bet worth $10 or more qualifies for up to $1,250 in betting insurance. No online sportsbooks in Michigan offer this much insurance on your initial wager.

You’ll also receive 1,000 Tier and 1,000 Reward Credits as part of the deal. These loyalty points are the cherry on top of the state’s best sportsbook bonus.

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