Michigan Sports Betting Promos & Bonuses: Best Offers for 2023

All Michigan sportsbook promo codes

With plenty of Michigan sportsbook promos, the selection process can be challenging. Whether you prefer to make a small deposit to unlock bonus bets or a large deposit to take advantage of the best MI sports betting promos that match your first bet or deposit, you should be able to find something to your liking on the list below.

One of the best things about Michigan betting promos is that you aren't limited to choosing just one. All the top MI sportsbooks, including DraftKings Sportsbook, FanDuel Sportsbook, and Caesars Sportsbook, have sign-up bonus offers to await any new customers to the sportsbooks. In most cases, you don't even need a Michigan sportsbook bonus code to get started.

Caesars MI welcome offer

Caesars Sportsbook is one of the nation's most popular online sportsbooks with a brand many sports bettors are familiar with due to the company's ownership of many famous hotels and casinos in Las Vegas, including Caesars Palace.

Using promo code SBRFULL, sports bettors in Michigan can secure an MI sportsbook bonus bet credit that matches their first bet up to $1,250 if that bet loses. The "Full Caesar" also awards bettors with 1,000 Reward Credits and 1,000 Tier Credits regardless of if their initial bet wins or loses.

Caesars promo pros & cons

✅ This Michigan sports betting promo offers a high max value of $1,250

✅ Reward credits and tier credits can be used on hotel stays, entertainment, and more.

✅ All bet sizes are welcome, with a minimum first wager set at $10.

❌ You don't receive a bonus credit if your first wager wins.

❌ Your bonus bet must be used in one single wager.

What does the Caesars' $1,250 first bet mean for you?

Sports bettors willing to make a large initial deposit and wager will receive great value with this MI betting promo. You will either win your first large wager or receive a bet credit matching the original amount, giving you an extra crack at a big play if your first one loses.

How much money can I earn with the Caesars $1,250 first bet?

There are no restrictions on the odds you can make your first bet, which means there isn't a set limit on how much you can earn with your first bet bonus. For example, a $1,250 bet on a 10-to-1 underdog would pay out $12,500 if it was graded a winner.

Why this bonus is better than others

This Caesars Sportsbook offer is considered one of the best Michigan sports betting promos simply due to the high amount offered of up to $1,250 on your first bet.

DraftKings MI welcome offer

New customers to DraftKings can place a wager of $5+ on any pre-game moneyline and receive $200 in bonus bets if your team wins. 

The first placed wager of $5+ will be the qualifying wager. Bonus will be paid as eight (8) $25 bonus bets and are not redeemable for cash, non-transferable, non-refundable, and will expire after seven days.

Minimum $5 deposit. Minimum $5 bet. Valid 1 per new customer.

DraftKings promo pros & cons

✅ Low $5 cost of entry.

✅ These bonus bet credits can be used on any pre-game moneyline. 

❌ Any of the eight $25 bonus bet credits that are not used within one week will expire.

❌ Bonus bets can only be wagered one at a time.

What does the DraftKings Bet $5, Get $200 promo mean for you?

For betting $5 on the pre-game market of your choice, you will receive $200 in bonus bets credits and the chance to try out one of the nation's best and most popular online sportsbooks.

How much money can I earn with the DraftKings Bet $5, Get $200 promo?

There are no limits on how much you can bet or what odds you bet on for your initial wager. Winning bettors will always receive exactly $200 in bonus bets, broken down into eight $25 bonus bets. If graded a winner, your wager will be paid in real money.

Why this bonus is better than others

Picking winners is hard, but the low ($5) cost of entry and minimal requirements set you up for potential success.

FanDuel MI welcome offer

FanDuel started in the United States, battling for dominance in the daily fantasy sports market with DraftKings. And just like DraftKings, FanDuel has successfully transitioned into the sports betting industry nationwide since 2018 and is one of Michigan's best online sportsbooks.

New users to FanDuel are eligible for a welcome bonus that guarantees funds win or loss on your first bet. Register and deposit on the FanDuel mobile app and place a first bet of $20. If that bet wins or loses, you’ll get bonus bets deposited into your account of $200, equal to 10x the initial bet. FanDuel will fulfill bonus bets within 72 hours, expiring on March 19 at 11:59 p.m. ET.

FanDuel promo pros & cons

✅ Win or lose you get $200 in bonus bets.

✅ All markets are eligible for this promotion.

❌ Smaller bonus than their previous offer.

❌ Cashed out wagers are ineligible.

What does the FanDuel bet $20, get $200 mean for you?

This MI sportsbook promo is unbeatable for bettors looking to get guaranteed bonus funds win or loss.

How much money can I earn with the FanDuel bet $20, get $200 in bonus bets

All markets on FanDuel are eligible for this promotion. This means there is no limit to how much you can win, as you can use your initial bet on a longshot to win or play it safe and still get the bonus funds.

Why this bonus is better than others

A number like $200 guaranteed speaks for itself.

PointsBet MI welcome offer

PointsBet is one of the more unique sportsbooks available in Michigan and around the nation. In addition to standard fixed-odds bets, PointsBet also offers its signature PointsBetting wagers that pay out wins and losses in increments based on the margin of victory or defeat of the team you bet with.

The current Michigan sportsbook promo at PointsBet sticks to fixed-odds bets. After your initial deposit, the first eligible bet you make for five days in a row up to $50 each will be matched with a bonus bet if it loses. These five $50 second-chance bonus bets add up to $250 in potential bonuses.

PointsBet promo pros & cons

✅ Multiple wagers make it more likely you will benefit from this promotion.

✅The bonus spanning multiple days keeps it active longer.

✅You don't have to bet the same amount every time.

❌If you miss a day, you miss out on that $50 second-chance bonus.

❌The sportsbook's popular PointsBetting wagers aren't eligible for this promotion.

What does the PointsBet 5x $50 second-chance bets mean for you?

With five days of second-chance bets up to $50, you will have multiple opportunities to build your sports betting bankroll by picking up wins and receiving bonus bet credits when you lose.

How much money can I earn with the PointsBet 5x $50 second-chance bets?

Your five $50 PointsBet wagers can be bet on any market at any odds, so there is no limit to how much you can win with this MI sports betting promo. You can receive up to $250 in bonus bets if you place five different $50 bets that all lost.

Why this bonus is better than others

Most bonus offers apply only to your first play on the site or mobile sports betting app. This $500 in bonus bets is spread across five plays, which stretches out how long it lasts and gives you more chances to win.

BetRivers MI welcome offer

BetRivers, a popular sportsbook in Michigan, is the Detroit Pistons' official sports betting partner. We count BetRivers as a beginner-friendly betting site with a low deposit and betting minimum, designed to welcome sports bettors of all different bankroll sizes. Sports fans looking to select the best Michigan sports betting promos can take advantage of BetRivers' second-chance bonus bet of up to $500. If your first wager of up to $500 on the site loses, you will receive a bonus bet matching the amount you bet.

BetRivers promo pros & cons

✅First bets from $10 to $500 are all eligible for this promotion.

✅Bonus bet winnings can be withdrawn as soon as they are settled.

❌You only get bonus bet credits if your initial wager loses.

❌Bonus bet can only be used on games with odds of -200 or longer.

What does the BetRivers $500 second-chance bet mean for you?

You've got another great sportsbook with which to place a first bet, this time for up to $500 at BetRivers.

How much money can I earn with the BetRivers $500 second-chance bet?

If your initial wager loses, you will receive a bonus bet credit of up to $500, matching your lost amount. However, there is no cap on earnings on that original wager, as you could make an aggressive play on an underdog with a sizeable potential payout.

Why is this bonus better than others?

While some of the best MI sports betting promos offer first-bet protections higher than $500, there is no downside to using this bonus code to bet on a game you like and to try BetRivers.

How we rate and review sports betting promotions

Our experts consider a handful of important factors when we rate and review the best Michigan sports betting promos. Here are the key factors that go into how we rank MI sportsbook bonuses:

• The value of the promotion in potential winnings.
• The minimum amount that you must deposit and wager to activate a bonus.
• The ease of activating your bonus (such as if a promo code is required).
• The time you have to start your promotion and how long you have to use your bonus bets
• Whether any playthrough requirements are imposed before you can make a withdrawal.

Types of Michigan betting sign-up offers and bonuses

MI sportsbook promos are most commonly delivered as a matched first bet, bonus bet, or deposit match. Sportsbooks often update their MI sign-up offers and bonuses throughout the year, offering their best Michigan sports betting promos around popular events like the NFL playoffs and March Madness. Expect to see most of these offers in these three formats:

First bet

While these bonuses sometimes have different names, they all function similarly. If your first real-money bet at your selected sportsbook loses, you will receive bonus bet credits equal to the amount you lost up to the designated bonus amount. For example, if your MI sportsbook bonus offers a first bet paid back up to $1,000 and your first bet of $900 loses, you will receive a $900 bonus bet.

If your first bet wins, you won't receive a bonus, but your sports betting bankroll will receive a nice boost from the payout. Win or lose, first-bet bonuses offer great value on your first deposit and wager at a new sportsbook. Remember to read the terms and conditions to understand what bet types are covered and if there are any rollover requirements before you can withdraw.

Bonus bets

One of the best value MI sports betting promos is bonus bets, activated when you make a qualifying wager. For example, with DraftKings' Bet $5 to Win $150 Michigan sportsbook bonus, a deposit and bet of just $5 on the game of your choice will unlock $150 in bonus bets in the form of six $25 bonus bets if you win your initial wager.

These MI betting promos are so popular because they are low-risk and high-reward, making them an excellent choice for new customers who want to get started with a small initial deposit. Once again, review the terms and conditions on these offers to see when your bonus bets expire and if there are rollover requirements.

Deposit Matches

Sports bettors looking to boost their initial deposit can sign up for sportsbooks with deposit matches. Whether your sportsbook offers a 20%, 50%, or even a 100% deposit match, you will instantly receive that additional bonus bet credit in your account. If a Michigan sportsbook bonus offers a deposit match of 100% on first deposits up to $500, a $500 deposit would have access to $1,000 in betting credits, including your $500 and the $500 the sportsbook matched.

Each sports betting operator has rules on how much you must wager or rollover before you can withdraw funds. Check your sportsbook's terms and conditions before accepting the bonus offer.

Michigan online sportsbooks

There are currently 15 online sportsbooks active in Michigan. All 15 of these sportsbooks have a retail partner, features that they are best known for, and MI betting promos for new sign-ups. We've compiled a list of the top features each of these sportsbooks has to offer as you consider signing up for their Michigan sports betting promos.

Michigan online and mobile sportsbooks

Michigan betting resources

Michigan betting promos are a great place to start when researching which MI sportsbooks you want to sign up for. With that said, SBR provides plenty of other in-depth information on sports betting beyond just the top Michigan sportsbook promos. 

Michigan sports betting

Learn about all 15 legal Michigan sports betting sites, including interesting facts about each book, when legal sports betting was rolled out in Michigan, and more.

Sports betting promos

We've covered some of the most common MI sports betting promos that online sportsbooks around the state currently offer. Check out our list of the best sportsbook promos for more information on these bonuses and many more around the country.

Best online sportsbooks

While there are numerous MI sportsbooks to choose from, the choices vary across the United States. Consult our rankings and reviews of the best sportsbooks to discover new betting sites and noteworthy features.

Responsible sports betting with Michigan promos

The Michigan Gaming Control Board has resources in place to help individuals who have a problem with gambling. Those looking for help with their gambling issues can call Michigan's toll-free helpline (1-800-270-7117) 24 hours a day. 

There are also programs in place in MI for gamblers interested in imposing limits on themselves. By signing up for the Disassociated Persons List, willing participants may ban themselves from Michigan-based casinos. And for sports or casino bettors who struggle with online gambling, a similar program is available to prevent those who sign up from accessing betting apps and websites in Michigan.