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Best Michigan Sports Betting Bonuses and Promo Codes for February 2023

Joshua Howe - Covers
Written by: Joshua Howe, Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content
Last Updated Feb 01, 2023, 8:51 AM ET

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Covers Seal #1 Top-rated sportsbook
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#5
WynnBET
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    Quick facts: Michigan promo codes

    Michigan online sports betting launch date Jan. 22, 2021
    Number of betting sites 16
    Best MI sportsbook bonus Caesars
    Bonus types Risk-free bets, deposit matches, free bets
    Online betting Yes ✅
    Retail betting Yes ✅
    Betting on college sports Yes ✅
    Remote registration Yes ✅
    Online casinos Yes ✅
    Legal age for betting 21

    1. Caesars Michigan welcome offer

    Caeasars Logo

    Up to $1,250 on Caesars

    Code: COVERSBONUSFULL

    Claim Now

    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 They cannot be withdrawn as real cash.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:

    Covers hit icon
    Highest maximum refund amount ($1,250)
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    Bet credit reimbursed within two days
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    Easy redemption process
    Covers miss iconMust reinvest all of the bet credit on follow-up wager
    Covers miss iconHave 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

    FanDuel Logo

    $3,000 No Sweat First Bet

    No code required

    Claim Now

    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:

    Covers hit icon
    Up to $3,000 in bonus bets
    Covers hit icon
    No betting market restrictions
    Covers miss iconSite credit cannot be withdrawn immediately
    Covers miss iconCan 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

    BetMGM Logo

    $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:

    Covers hit icon
    For a losing bet of $50 or more, reimbursement paid out in five equal installments
    Covers hit icon
    Stake refunded within 24 hours
    Covers hit icon
    Can redeem up to $1,000 in bonus bets
    Covers miss iconNo promotion if first bet wins
    Covers miss iconBettors have only seven days to reinvest bonus bets
    Covers miss iconOnly 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

    PointsBet Logo

    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:

    Covers hit icon
    Up to $500 in free bets
    Covers hit icon
    Each free bet can be turned into four wagers
    Covers hit icon
    Can wager on any betting market
    Covers miss iconPromotion only activates if any first bet during promo period loses
    Covers miss iconOnly 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

    WynnBet Logo

    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:

    Covers hit icon
    $100 worth of free bonus cash guaranteed
    Covers hit icon
    Entire bonus amount received in one installment
    Covers hit icon
    Bonus doesn’t depend on result of first bet
    Covers miss iconOdds restriction in place
    Covers miss iconFree bets cannot be withdrawn immediately
    Covers miss iconFree 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 External link icon Yes Kambi Yes Greektown Casino
    BetMGM External link icon Yes BetMGM Yes MGM Grand Detroit
    BetRivers External link icon Yes Kambi Yes Little River Casino
    Caesars External link icon Yes Caesars Yes Turtle Creek Casino
    DraftKings External link icon Yes SBTech Yes Bay Mills
    Eagle Casino & Sports Yes GAN Yes Soaring Eagle Casino
    FanDuel External link icon Yes Flutter Yes MotorCity Casino
    FireKeepers Yes SG Digital Yes FireKeepers Casino
    Four Winds Yes Kambi Yes Four Winds Casino
    FOXBet External link icon Yes TSG Yes Odawa Casino
    Golden Nugget External link icon Yes SBTech Yes Ojibwa Casino
    Play Gun Lake (Parx) Yes Kambi Yes Gun Lake Casino
    PointsBet External link icon Yes PointsBet Yes Northern Waters Casino Resort
    SI SportsbookExternal link icon Yes Kambi No Island Resort and Casino
    TwinSpires External link icon Yes Kambi No Northville Downs
    WynnBET External link icon Yes GAN Yes Kewadin Casino-Hessel

    More Michigan betting resources

    MI sports betting sites
    Covers identifies the best sports betting sites in Michigan.
    Michigan Sports Betting
    Mobile sports betting apps
    Check out the top mobile sports betting apps available in 2023.
    Best Sports Betting Apps
    Best football betting promos
    Discover the top football betting sign-up bonuses in the U.S.
    Football Betting Promo Codes

    Michigan sportsbook bonus FAQs

    Caesars has the top sportsbook welcome bonus in Michigan. With up to a $1,250 bet credit, 1,000 Caesars Rewards® Tier Credits, and 1,000 Caesars Rewards Reward Credits, Caesars' current offer is unrivaled.

    The Caesars MI sportsbook promo code is COVERSBONUSFULL. With this code, new Caesars Michigan users can claim 1,000 Caesars Rewards® Tier Credits, 1,000 Caesars Rewards Reward Credits, and a bet credit of up to $1,250.

    You can claim a sign-up bonus for each Michigan sportsbook you open an account with.

    Bonus abuse is when a bettor repeatedly signs up for bonuses at the same sportsbook.

    You must be 21 years or older to bet on sports in Michigan legally.

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    Joshua Howe - Covers
    Joshua Howe
    Sports Betting Editor

    Joshua Howe is a sports betting editor at Covers, helping make smarter sports bettors since 2021. The experienced writer and editor has reviewed over 20 sportsbooks and has been placing his own wagers for three years and counting. He prefers FanDuel for its sleek app design and variety of NBA markets.

    • Best Michigan Sports Betting Bonuses and Promo Codes for February 2023
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