Michigan Sportsbook Promos: Every Licensed MI Bonus Compared
Compare all 14 licensed Michigan sportsbook promos side by side — bonus codes, first-bet insurance up to $1,500, and Bet & Get deals ranked for September
View Ranked PromosCompare all 14 licensed Michigan sportsbook promos side by side — bonus codes, first-bet insurance up to $1,500, and Bet & Get deals ranked for September
View Ranked PromosMichigan has 14 licensed online sportsbooks right now, and most of them are competing hard for your first deposit with welcome offers worth hundreds — sometimes over a thousand — dollars in bonus bets. The short answer: yes, you can stack multiple Michigan sportsbook promos simultaneously, one per brand, and the combined value runs well past $5,000 if you work through all of them.
I've signed up for and cashed out on every one of these apps. Below is a quick-reference comparison of the live offers, followed by everything you need to know before you claim a single one. Must be 21+. Gambling problem? Call 1-800-GAMBLER.
The table below covers the major licensed operators, their current offer structure, and any promo code required at sign-up. Offers change without notice — always confirm fine print in the app before depositing.
| Sportsbook | Offer | Promo Code | Min. Deposit | Bonus Bet Expiry |
|---|---|---|---|---|
| BetMGM | Up to $1,500 in bonus bets if first bet loses | CBSSPORTS | Varies | 7 days |
| FanDuel | $350 in bonus bets — place a $5 bet 7 days in a row | None required | Varies | Varies |
| DraftKings | Bet $5, Get $200 in bonus bets instantly | None required | $5 | 7 days per token |
| Caesars | 10 × 100% profit boost tokens on first $1 wager | LSRDYW | $10 | 14 days |
| bet365 | Bonus bets after $10 qualifying wager + casino spins | LSRBET | $10 | Varies |
| BetRivers | Second-chance bet credit up to $500 | LSRRIV | Varies | Varies |
| Fanatics | Up to $1,000 FanCash — $100/day for 10 days | SBREVIEW | $10 | Varies |
| theScore Bet | Bet Reset up to $1,000 | Check app | Varies | Varies |
Three structures dominate Michigan sportsbook promos right now. Knowing which one you're looking at changes how much the offer is actually worth.
One rule applies across every offer on this list: when a bonus bet wins, you keep the profit only — the original bonus stake is not returned as withdrawable cash. A $200 bonus bet that wins at +100 nets you $200 in real money, not $400. Keep that in mind when comparing headline numbers.
Yes. Each welcome offer is limited to one per customer per brand, but you can hold accounts at as many of the 14 licensed operators as you want and claim each one's sign-up deal. Plenty of Michigan bettors open four or five accounts in a single week during the NFL season or March Madness to run through several bonuses simultaneously.
Check out the Best Michigan Sportsbook Promos Ranked for 2026 for a prioritized list of where to start. If entering codes feels like friction, the Michigan Sportsbook Bonuses You Can Claim Without a Promo Code page breaks out every offer that requires no code at all.
That depends almost entirely on your betting style. DraftKings' Bet $5/Get $200 is fast and guaranteed. FanDuel's $350 spread over seven days rewards bettors who are already logging in daily anyway. The DraftKings vs FanDuel Michigan promo comparison runs through the math on both so you can decide which structure fits how you actually bet.
For the higher-dollar offers, the head-to-head between BetMGM vs Caesars Michigan — $1,500 insurance or 10 profit boosts is worth reading before you commit. And if you're weighing the longer daily-grind offers, the Fanatics vs BetRivers Michigan comparison breaks down the FanCash model against a straight second-chance bet.
Every operator listed here is licensed by the Michigan Gaming Control Board, the sole licensing authority for online and retail sports betting in Michigan. Online sports betting went live statewide on January 22, 2021, after Governor Whitmer signed the Lawful Sports Betting Act in December 2019. There are currently 14 licensed online sportsbooks active in Michigan.
You must be physically located inside Michigan when you place any wager — residency isn't required, but geolocation must be enabled on your device. The minimum age for online sports betting is 21+. For the full legal picture, including what you can and can't bet on, see Is Sports Betting Legal in Michigan? What Every Bettor Must Know.
Minimum odds restrictions are buried in almost every offer. Many require bets at -200 or longer, meaning you can't just hammer a massive favorite and collect the bonus. DraftKings bonus bets come as eight separate $25 tokens, each expiring after 7 days — use them or lose them. Caesars' profit boost tokens cap winnings at $2,500 per token, so a big qualifying bet doesn't unlock proportionally bigger returns.
Stay away from unlicensed offshore books. The MGCB has issued cease-and-desist orders to operators including Bovada and BetOnline. No license means no consumer protections, no dispute resolution, and no responsible-gambling tools.
Questions about how this site works or how I evaluate these offers? Head over to the page About This Site and Its Author, Joel Abernathy for the full background. These Michigan sportsbook promos represent real money — treat the fine print like it matters, because it does.
Michigan signed the Lawful Sports Betting Act in December 2019; online wagering launched January 22, 2021. Learn who reg…
Read more →Our ranked list of the top Michigan welcome bonuses — from BetMGM's $1,500 first-bet insurance to DraftKings' instant $2…
Read more →FanDuel and DraftKings Michigan both skip the promo code step. See which licensed MI sportsbooks auto-apply their bonus …
Read more →DraftKings gives $200 in bonus bets for a $5 wager; FanDuel pays $350 over 7 days. We break down odds restrictions, expi…
Read more →BetMGM's CBSSPORTS code unlocks $1,500 in bonus bets; Caesars' LSRDYW gives 10 profit-boost tokens worth up to $25,000. …
Read more →Fanatics offers $1,000 in FanCash over 10 days; BetRivers backs your first bet up to $500. We explain the daily opt-in t…
Read more →BetMGM Michigan gives up to $1,500 in bonus bets if your first wager loses — bets $50+ split into five tokens. Full term…
Read more →No promo code needed for FanDuel Michigan — place a $5 bet on 7 straight days and collect $350 in bonus bets. We walk th…
Read more →DraftKings Michigan requires a $5 deposit and a $5 bet — win or lose — to trigger $200 split into eight $25 tokens. Each…
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