Best Michigan Sports Betting Bonuses and Promo Codes for February 2023

Quick facts: Michigan promo codes

1. Caesars Michigan welcome offer

Up to $1,250 on Caesars

Code: COVERSBONUSFULL

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The current up to $1,250 on Caesars Sportsbook offer is similar to other top Michigan sportsbook bonuses. 

As with the others, Caesars’ $1,250 bonus provides a safety net for bettors on their initial wager. The main difference is that Caesars offers a maximum refund of $1,250, slightly higher than its primary competitors, and extra incentives a la 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits.

Make sure to enter the Caesars Sportsbook promo code — COVERSBONUSFULL — when you sign up, as it ensures eligibility for the online sportsbook’s welcome offer. 

Below are six of the most important stipulations: 

• Bettors have 30 days after signing up to make an initial wager. 
  
  
• Bettors can expect a bet credit to be deposited into their accounts no more than two days after their losing wager is settled.
  
  
• Caesars dishes out the tier and reward credits within seven days of the first bet settling. They cannot be withdrawn as real cash.
  
  
• Bettors cannot use bet credit on multiple follow-up bets. 
  
  
• Only winnings are paid out on follow-up bets. 
  
  
• Bettors have 14 days to use the provided bet credit.

Caesars Sportsbook promo pros and cons:

Highest maximum refund amount ($1,250)

Bet credit reimbursed within two days

Easy redemption process

Must reinvest all of the bet credit on follow-up wager

Have to lose first wager to gain bet credit

What does up to $1,250 on Caesars mean for you? 

The up to $1,250 on Caesars 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. 

With the latest version of Caesars’ promo, you’ll also garner 1,000 tier and 1,000 reward credits that can unlock varying perks, such as hotel bookings, dining, shopping, and more.

How much money can you earn with up to $1,250 on Caesars?

There are no odds requirements for the Caesars Michigan offer, meaning you are able to make any sort of wager on any market you wish. As an example, you could bet $1,250 on the Detroit Red Wings at +350 and win $4,375.

Why is this bonus better than the others?

Caesars’ promo for new users is among the best Michigan betting bonuses for various reasons, but the $1,250 maximum reimbursement is the primary one. It’s a higher maximum than any other Michigan sportsbook offers.  

2. FanDuel Michigan welcome offer

$3,000 No Sweat First Bet

No code required

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FanDuel’s $3,000 no sweat first bet welcome offer is among the best Michigan sportsbook bonuses — which isn't surprising 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.

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:

• There is a minimum $10 first deposit required, and you must download the FanDuel app to claim the offer.
  
  
• FanDuel will gift users a refund of up to $3,000 in bonus bets following the failure of their initial bet.
  
  
• FanDuel will deposit the bonus bets into your account within 72 hours of your first bet settling as a loss.
  
  
• Bonus bets can be used on any sports betting market. 
  
  
• This great offer won't last long, as it expires on Feb. 12, 2023, at 11:59 p.m. ET. Bonus bets are non-withdrawable — you must first reinvest them with the sportsbook within 14 days. 

FanDuel promo pros and cons:

Up to $3,000 in bonus bets

No betting market restrictions

Site credit cannot be withdrawn immediately

Can take up to 72 hours to receive bonus bets

What does FanDuel's "$3,000 no sweat first bet" offer mean for you?

The $3,000 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 3,000 — back in the form of bonus bets.

How much money can you earn with a $3,000 no sweat first bet?

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 $3,000 on the Detroit Pistons at +200, you would win $6,000 if they come out victorious.

Why is this bonus better than the others?

FanDuel’s $3,000 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 — two weeks — to use the bonus bets before they expire. 

3. BetMGM Michigan welcome offer

$1,000 back in bonus bets

No code required

Claim Now

There’s a unique aspect to BetMGM’s up to $1,000 paid back in bonus bets new player bonus that makes it especially alluring.  

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 bonus 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: 

• There is no BetMGM promo code required to unlock this bonus.
  
  
• A minimum $10 deposit is required. 
  
  
• BetMGM will refund the entire stake up to a maximum of $1,000 on losing qualifying bets.
  
  
• Bonus bets will be deposited into a bettor’s account within 24 hours of the initial bet settling.
  
  
• Bettors only have seven days to use bonus bets. 
  
  
• Only winnings will be paid out on follow-up bets that use bonus bets as the stake. 

BetMGM promo pros and cons:

For a losing bet of $50 or more, reimbursement paid out in five equal installments

Stake refunded within 24 hours

Can redeem up to $1,000 in bonus bets

No promotion if first bet wins

Bettors have only seven days to reinvest bonus bets

Only winnings paid out on follow-up bet

What does $1,000 paid back in bonus bets from BetMGM mean for you? 

Other Michigan sportsbooks will have a tough time outshining BetMGM’s new player bonus. With a potentially high maximum refund and a quick turnaround on reimbursements, the operator’s $1,000 paid back in bonus bets offer has all the trimmings. It’s no wonder why people are clamoring to get involved with BetMGM. 

How much money can you earn with $1,000 in bonus bets?

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.

Why is this bonus better than the others?

Refunds are paid out within 24 hours of the initial losing wager’s settlement. Additionally, bettors can look forward to receiving five equal bonus bet tokens, providing multiple follow-up bet opportunities. 

4. PointsBet Michigan welcome offer

Up to $500 in free bets

Code: 5X100RC

Claim Now

PointsBet Michigan provides bettors with a familiar sign-up bonus offer of up to $500 in free bets. Simply use the PointsBet promo code — 5X100RC.

Unlike other singular free bet promos, bettors will get multiple chances at glory should their first fixed odds wagers over the five-day promo period fail. PointsBet will refund the amount bet each time, up to $500 total, in site credit. 

There are a few stipulations attached to this welcome offer. Here are four to make note of: 

• Should you lose your initial five fixed odds wagers, PointsBet will return the full amount — up to $500 total — to your account as free bets.
  
  
• Your rewards will appear in your account within 24 hours of your first bet settling.
  
  
• The free bets can each be divided into a maximum of five (5) individual wagers.
  
  
• Remember, free bets cannot be withdrawn or transferred.

PointsBet promo pros and cons:

Up to $500 in free bets

Each free bet can be turned into four wagers

Can wager on any betting market

Promotion only activates if any first bet during promo period loses

Only winnings paid out on follow-up bet

What does up to $500 in free bets mean for you? 

Up to $500 in free bets allows first-time PointsBet customers to be a little riskier than they might ordinarily have been when dipping their toes into sports betting waters. This means a greater chance at a significant payout without the stress that typically accompanies trying to achieve it. 

How much money can you earn with up to $500 in free bets?

The amount of money you can make through PointsBet's sign-up bonus will vary depending on the size of your first five wagers during the five-day promo period. There are no odds requirements for PointsBet's offer, which means you can lock in your bets on whatever you desire. For example, if you opt to put down four initial wagers each day on the Detroit Lions at odds of +650 using the maximum $100 amount, you would obtain a total of $2,600 should all your bets win.

Why is this bonus better than the others?

Bettors will not be stuck with using the free bets on a single wager each time — the ability to break down the individual rewards into an additional four separate bets provides a great amount of flexibility. The fact that the free bets arrive only 24 hours after the initial losing wagers have settled is nice, too.

5. WynnBET Michigan welcome offer

Bet $100, get $50 free bet + $50 casino bonus

No code required

Claim Now

While WynnBET doesn’t have a welcome bonus that offers a high maximum refund value, it does provide simplicity and a guaranteed $100 worth of total free bets. 

Users must first sign up for the online sportsbook and wager at least $100 to receive a $50 free bet and $50 casino bonus. Qualifying wagers cannot have shorter odds than -120, ensuring bettors can’t back heavy favorites. No WynnBET promo code is required to redeem this offer. 

Here are some notable terms for WynnBET’s welcome bonus. 

• A minimum $100 deposit and $100 initial bet are required.
  
  
• The bettor will receive their free bet and casino bonus within 72 hours of the initial bet’s settlement.
  
  
• The free bet will be paid out as a single $50 and cannot be broken down into smaller wagers. 
  
  
• It doesn’t matter if a bettor’s first wager wins, loses, or pushes — they will still receive the free bet and casino bonus.
  
  
• The free bet can only be used for pre-game wagers. 

WynnBET promo pros and cons:

$100 worth of free bonus cash guaranteed

Entire bonus amount received in one installment

Bonus doesn’t depend on result of first bet

Odds restriction in place

Free bets cannot be withdrawn immediately

Free bet must be used within 10 days

What does a $50 free bet from WynnBET mean for you? 

WynnBET guarantees bettors get their hands on a $50 free bet. It’s nice to know you’re definitely getting something back when you sign up. 

However, bettors must invest at least $100 to receive the incentive. It’s a high minimum threshold, but many will find it worthwhile once they earn their $50 free bet. 

How much money can you earn with a $50 free bet from WynnBET?

Keep that and the odds restriction in mind — -150 or longer — when making your picks. Back a favorite for the best shot at earning some withdrawable cash or take a chance on an underdog to increase your potential payout.

For example, betting the $50 free bet on a -150 favorite would net you $33.33, while that same wager on a +250 underdog could see you walk away with $125 in withdrawable cash.

Why is this bonus better than the others?

The guarantee of receiving a $50 free bet and $50 casino bonus makes this welcome offer different from most others and worthwhile. 

Latest Michigan betting news

Most common Michigan sign-up bonuses

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 bet

Risk-free bets are utilized by BetMGM and Caesars Sportsbook. 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.

Deposit match

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 bonus

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. 

What online sportsbooks can I use in Michigan?

Michigan presently boasts 16 legal online sports betting sites. The state launched online sports betting in January 2021, when 10 new betting sites 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	Yes	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
SI Sportsbook	Yes	Kambi	No	Island Resort and Casino
TwinSpires	Yes	Kambi	No	Northville Downs
WynnBET	Yes	GAN	Yes	Kewadin Casino-Hessel

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