Since its establishment, the Michigan sports betting industry has been a roaring success. To place bets on teams like the Detroit Pistons and Detroit Lions, you must be at least 21 years old. You must also have proof of residency in the state of MI and be able to verify that you qualify for the legal gambling age.
With exclusive Michigan legal sports betting promo codes, you may get a deposit match bonus or a risk-free first bet to get you started. DraftKings Sportsbook, BetMGM Sportsbook, Caesars Sportsbook, BetRivers Sportsbook, and FanDuel Sportsbook are some of the leading sports betting companies operating in the Wolverine State.
Furthermore, the Michigan Gaming Control Board-approved sportsbooks need you to verify your location on your mobile device before signing up for a new account. Additionally, you must be at least 21 years old to register for a new account.
Finally, suppose you’re interested in sports betting in Michigan. In that case, CasinoWatchMI has all you need to know, including sportsbook evaluations and signup promotion details.
Michigan Sports Betting Sites 2023
Here’s the January 2023 Michigan Sports Betting Bonuses list. Using the discount code on DraftKings Sportsbook will get you a free $1,050. $1,000 in no-risk initial bets using the FanDuel Sportsbook promo code. The Caesars promo code gives $1,250.
PROMO / SIGN UP
Latest Updates for Online Sports Betting in Michigan
Michigan mobile sports betting reported a 10% drop in handle from April to May, netting $356.1 million in revenue. Most of the money came from Michigan betting online sportsbooks, which took in $333.4 in wagers.
They thought that sports and sports bettors would take a drop as we go into a slower era. However, this year’s May figure was 38% higher than the May 2021 level, which is positive news for the sector of online gambling in Michigan. In addition, as compared to other states, the decline in Michigan’s population from April to May was the smallest.
The state’s operators have also been involved in some bickering. While FanDuel has taken the lead in Michigan, DraftKings has declined. A revival for Barstool Sportsbook is also a possibility.
Top 6 Michigan Online Sports Gambling Sites
1. Caesars Sportsbook
Caesars has taken tremendous measures to promote its brand name to boost its sports betting footprint. As a result of its competitive odds, extensive range of sports, and regular promotions, it has grown in popularity. However, the technology is rather rudimentary. And compared to other online gaming Michigan sites, their customer support is still under development.
2. DraftKings Sportsbook
For MI sports betting enthusiasts, DraftKings has one of the most user-friendly interfaces. Many features and an excellent Live Betting area are available. However, the number of frequent specials available may need some expansion.
3. BetRivers Sportsbook
Another MI online sports betting operator increasing its reach throughout the country is BetRivers. One of the industry’s top incentive schemes makes this website stand out. It also has a wide range of sports and betting possibilities, although the platform’s general functionality has received mixed reviews.
4. BetMGM Sportsbook
With a wide range of sports to wager on, BetMGM offers something for everyone, from the most popular games and tournaments to more esoteric options like snooker and Lacrosse. However, unlike other Michigan online sports betting providers, It’s a bit more challenging to navigate on the web than in the app. However, BetMGM always has a winning promotion for their bettors.
5. PointsBet Sportsbook
Some seasoned sports gambling Michigan gamblers have turned to PointsBet because of its competitive odds and lines. Unfortunately, while it has a unique feature, PointsBetting, the general online and app design is dreary.
6. FanDuel Sportsbook
FanDuel’s Michigan sports gambling interface is easy to use and appealing to the eye. New features, including same-game parlays and improved prop betting layouts, have made it popular with novice and seasoned gamblers. More frequent promotions, though, would be welcome.
Michigan Online Gambling Promotions
In the Michigan sportsbooks for sports betting market, competition is fierce. But, the good news for Michigan sports bettors doesn’t stop there. There are several enticing offers that sportsbooks in Michigan employ to attract new customers. Incentives from sportsbook Michigan are an opportunity in the state that you may find in the following places.
- Risk-Free Bets: Some online sportsbook Michigan websites will let you make your first bet risk-free, with lost bets reimbursed in website credits for a second bet once you have made your first deposit. The offers range from $500 to $5,000.
- Deposit Bonuses: A percentage of your first deposit may be matched by particular sports betting apps Michigan. The actual percentage will vary from 20% to 100% up to a particular amount of money.
- Free Bets: If you open an account at one of these Michigan betting apps, you may be eligible for a bonus. All your money is yours to take and use as you like. This incentive is often known as a “no deposit bonus.”
Creating an account at Michigan sports apps is as simple as clicking on one of our exclusive links and reaping the benefits of these significant discounts. A few moments of your time will allow you to legally and safely wager on sporting events and get a generous bonus.
It would be best if you kept an eye out for ongoing Michigan Sportsbet bonuses and promotions. Depending on the provider, odds boost (increased returns on your bets) and parlay insurance are the most typical offers (money back if one leg loses).
How To Bet On Sports In Michigan?
A variety of bets available at online sports betting in Michigan aren’t live. First, however, you must make sure you qualify for the Michigan gambling age, which is 21 years and older. To learn more about each sort of wager and other Michigan sports betting news, follow us:
A bet on a single event or game with Michigan sports teams or other state teams is known as a single-game wager. You may place the bet on either the winner or the point spread, but the wager is limited to one game at a time.
A straight bet is a stake on a single game with either a point spread, a total, or a money line attached. To win, you must wager on a team that either wins or covers the spread, or if both teams are on the right side of a point total. You may do this on the best sports betting app Michigan.
It is possible to combine bets on two or more games and get better odds due to a teaser wager on the best app for betting. For example, a bettor may modify the point spreads or game totals to their advantage using the standard format for each game. This strategy should increase the likelihood of winning. Thus bookmakers change the odds to reflect this.
Bets placed on the money line are among the most common and easy to understand. A money line bet is a wager on the outcome of a sporting event. If the Chicago Bears are listed at -150, and the Detroit Lions are listed at +120 in an NFL game, the negative sign indicates that you must wager that much to win $100. So if you want to win $100, you’ll have to stake $150. You’ll see a plus sign if you stake $100 and win. You can win $120 on a $100 stake in this game.
As the name suggests, single-game parlays enable gamblers to place several wagers on a single game.
When betting on a parlay, the bettor must correctly guess all the outcomes to win the actual bet. It doesn’t matter if you correctly forecast the first four games of a five-game parlay and lose the last leg. Parlay bets are prevalent because they allow players to earn significant money by placing little bets. Even said, there is a reason why the high prizes are accessible.
Proposition bets, sometimes known as prop bets, enable bettors to gamble on certain occurrences in a game. In terms of NFL game props, the occurrences may be linked to the game itself or an individual player’s performance. Prop bets are often presented by online operators based on their assumptions about what their clients are most interested in. Prop bets are bets on particular outcomes. Whether a baseball player will hit a home run or a goal or if a professional basketball player will score a certain number of points. MGCB does not allow individual betting on college sports. However, team bets are permitted.
In over-under bets, you wager on the overall score of the two opposing teams. If the sportsbook predicts a final score, the bettor may take either side of that line.
Michigan Sports Betting Apps
DraftKings offers a top-tier mobile betting app. The layout is simple and intuitive, so any bettor can use any Michigan Sports Betting Apps. In addition, for your convenience, DraftKings’ considerable odds increases and bonuses are shown at the top of the page.
DraftKings offers real-time wagering during games via a bottom-screen button. There, you can see DraftKings’ odds for all ongoing games. You’ll also find an easy way to deposit or withdraw funds in the top right corner of the screen.
Michigan Online Sportsbooks Revenue
Just $105,548 was earned by the state in the first month of legal online gambling in Michigan. The main reason is Michigan’s brief foray into the world of legalized sports betting was short-lived. On March 11th, the became the first state to allow Michigan online gambling sites. Still, five days later, on the 16th, casinos in the state were forced to close because of the coronavirus outbreak. In addition, major professional leagues shut down on March 11th, leaving gamblers only a short window of opportunity to place wagers.
According to the Michigan gambling laws, the MGM Grand Detroit raked in $84,695. A total of $15,904 was generated by Greektown Casino in second place, followed by MotorCity Casino with $4,949 in sports betting income in third place.
During March, three MI online gambling casinos generated $105,548 in gross income but only paid $3,990 in sports betting taxes. The MGCB does not disclose the amount of money wagered on sports bets for any of its casinos.
Legal Online Gambling Michigan Revenue
Michigan only made $105,548 in its first month of legal sports betting. It is because Legal Online Gambling Michigan was only available for five days. Michigan legalized sports betting on March 11, but the coronavirus outbreak shut down casinos on March 16. So for five days, gamblers had limited options because the major sports leagues stopped collecting wagers on March 11.
The Michigan Gaming Control Board revealed that sports betting earned the MGM Grand Detroit $84,695. With $15,904 in earnings, Greektown Casino came in second, and MotorCity Casino took third with $4,949.
In March, three Michigan casinos paid $3,990 in sports betting taxes on $105,548 in revenue. Sports betting revenue is not included in the numbers reported by the MGCB’s casinos.
Banking Options at Michigan Online SportsBetting Operators
You’ll need to fund your account before making bets on a Michigan online sports betting app or the best MI online casinos. This method is risk-free and easy to follow. Various safe deposit and withdrawal options are available at legal sportsbooks in Michigan.
Most operators take Visa, Mastercard, American Express, and Discover credit and debit cards. In addition to casinos, prepaid cards are available from various payment providers. Most online sports betting applications in Michigan sportsbooks support bank transactions, including e-checks (ACH transfers), wire transfers, and bill payments.
Furthermore, PayPal and other third-party payment processors provide deposit options for Michigan sports betting applications. Therefore, most Michigan online sportsbooks should accept payments in this form as a method of payment. However, suppose you’d instead use a third-party service like PayNearMe. In that case, you may do so via a connected casino or sportsbook cage, or cashier.
As a general rule, you may withdraw your money from online sports betting Michigan apps as you deposit it. As far as withdrawing winnings go, you may utilize not all deposit methods. Fortunately, if that’s the case, there’s an app for that. You should be aware that one of the choices is to get a cheque in the mail.
However, in many circumstances, you may make withdrawals immediately. Easy and secure financial transactions distinguish legal and regulated gambling in the United States.
New Michigan Sports Betting Online Operators
They will have 15 legal Michigan Sports Betting online sportsbooks by state legislation. The state has fourteen casinos, leaving one slot for the Soaring Eagle Casino and Resort, the betting favorite. Licensed by the Saginaw Chippewa Indian Tribe, the Mount Pleasant venue will provide a casino and a virtual one.
There is no confirmed release yet. However, 2023 is full of possibilities.
Michigan Online Sports Betting FAQs
Can you wager on horse racing in Michigan?
Yes, Michiganders may place wagers on horse racing. Only Northville Downs is still in operation in Michigan. In addition to regular simulcasting from other tracks, the facility offers harness racing on a limited basis. An ADW service provider, such as TVG, can also place a wager.
What’s the legal age for sports wagering in MI?
You must be 21 years old to wager on sports in Michigan. When you open an account at an online sportsbook, the site will check your age. During the registration process, you will be notified by the sportsbook if it is unable to verify your identity.
Do I have to live inside the state of Michigan to bet on sports online?
No, however, you must be at least 21 years old and inside the state of Nevada at the time of the wager to participate.
Geolocation technology is used by Michigan mobile sports betting applications to ensure this. As an added security measure, they’ll request the last four digits of your social security number throughout the registration process.
Is wagering on college sports legal in Michigan?
You may gamble on both professional and collegiate sporting events legally in Michigan. In addition, betting on local teams is permitted without any limitations. While Michigan and Michigan State are the main attractions, there are several minor colleges that you may be able to wager on.
Are daily fantasy sports competitions legal in MI?
As part of a more significant gambling expansion, daily fantasy sports games become permitted in 2019. In Michigan, DraftKings and FanDuel are two of the most popular options in the business.
How many online sportsbooks are there in Michigan?
The number of online sportsbooks licensed in Michigan now stands at 15, the maximum number permitted. You may see a list of online sportsbooks on this page, or you can check our income page for additional information about the industry.