Michigan Fantasy Sports & Sportsbook Promo Codes February 2024
How To Claim Your Michigan Fantasy Sports & Sportsbook Bonus
See below for details on how to claim your Michigan fantasy sports and/or sports betting bonus.
Michigan Fantasy Sports & Sports Betting Overview
With more and more states getting into the action with sports betting, people in Michigan may be wondering “Where can I get involved with all this sweet sports betting I’ve heard so much about?” The long wait is finally over, with Michigan sports betting launching on January 22, 2021. Check out below to find out more information about how to online sports bet in Michigan, with promos and free bet offers.
1) Is Michigan Sports Betting Legal?
Yes! Michigan sports betting became legal when Governor Gretchen Whitmer signed into law two bills, S4916 and H4311, on Dec. 20, 2019. Sportsbooks officially opened in March 2020. All commercial and tribal casinos are allowed to apply for a sports betting license.
2) Is Online Michigan Sports Betting Legal?
Yes! Michigan sports betting went live on January 22, 2021.
3) What Promo Codes / Deposit Bonuses are available for me and How Can I Use Them?
BetMGM launched its online mobile betting service in Michigan on January 22, 2021.
DraftKings is not only one of the premier companies to provide an outlet for legal Michigan sports betting, they also offer a great DraftKings sportsbook promo code.
PointsBet sportsbook also launched on day 1 of mobile sports betting in Michigan.
4) What Sportsbooks and Online Sports Betting Apps Are Available in Michigan?
Those in Michigan will have no shortage of options for online betting apps, with 15 sportsbooks already having licenses.
- Barstool Sportsbook
- Churchill Downs
- DraftKings Sportsbook
- FanDuel Sportsbook
- FOX Bet
- Golden Nugget
- Scientific Games
- William Hill
5) Where Can I Bet on Sports in Person in Michigan?
Only licensed casino are allowed to have sportsbooks in Michigan. These are the three licensed casinos currently available to those in Michigan:
Motor City Casino
MGM Grand (Detroit)
6) How Do I Make Deposits and Withdrawals for Online Sports Betting in MI?
Since Michigan has multiple user-friendly, popular sportsbooks in their state, moving money in and out of your account is pretty easy, with multiple methods available:
- Debit/Credit Card
- ACH (Online Banking)
- Prepaid Sportsbook Cards
7) What are the Most Common Types of Sports Bets Can I Make in Michigan?
This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:
Boston Celtics -6.5 (-110), moneyline -320
at Cleveland Cavaliers +6.5 (-110), moneyline +260
The Celtics are favored by 6.5 points, in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.
Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game, because the +6.5 point spread is enough to cover a four-point defeat.
The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.
In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.
This is a straight bet, wagering on how many total combined points will be scored in a game. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.
A parlay is a bet where you combine multiple bets into one bet and you get increased odds, since you . If you do a three-team parlay, you select three different teams from three different games, and if you win all three of the bets, you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same, and you lose the parlay bet. It’s all or nothing, which makes them tough to hit.
8) What are the Most Popular Sports Teams/Players to Bet on in Michigan?
Michigan is home to many popular sports teams to bet on. At the college level, the University of Michigan and Michigan State University are not only popular teams, but they are often competitive in their sports, making them popular teams to bet on. Michigan also has Central Michigan, Western Michigan, and other schools that are available for you to wager on.
The state is also home to multiple professional sports teams, including the Detroit Lions, Detroit Pistons, Detroit Red Wings and Detroit Tigers.
9) Is There Anything Else to Know About MI Sports Betting?
Now that you know Michigan sports betting is legal, online sports betting is live and you know where you can go to place bets, all that's left to do is get started! If you are looking for more information about sports betting overall, you can use the sports betting resources we provide here at Stokastic!
More About Michigan Fantasy Sports & Sports Betting
Michigan Sports Betting & Fantasy Sports FAQ
Read further for commonly and frequently asked questions regarding sports betting and fantasy sports in Michigan.
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