DraftKings gives you $200 in bonus bets the moment your $5 qualifying bet settles; FanDuel pays out $350 in bonus bets spread across seven consecutive days of $5 wagers. Same price of entry, very different payout structure — and that difference matters depending on how you plan to use the money.
How do the two Michigan promos actually compare?
| Feature | DraftKings Michigan | FanDuel Michigan |
|---|---|---|
| Total bonus value | $200 | $350 |
| Qualifying bet | $5 (win or lose) | $5/day for 7 days |
| Promo code required | None | None |
| Minimum deposit | $5 | Not specified in research |
| Bonus structure | Eight $25 tokens issued instantly | $50/day in bonus bets for 7 days |
| Token expiry | 7 days per token | Not specified; standard 7–14 day window |
| Playthrough | 1x per token | Varies by token |
Which offer is better for casual bettors?
If you want your bonus right now and hate tracking daily tasks, DraftKings wins on simplicity. One $5 bet, and eight $25 tokens land in your account the same day. You've got a full week to burn through each one. The 1x playthrough is as clean as it gets — win a bonus bet, keep the profit.
FanDuel's $350 is the larger headline number, but you have to show up every day for a week. Miss a session? You forfeit that day's $50. If your week gets busy — Lions game, work trip, whatever — you might walk away with $150 instead of $350. Factor that in before deciding FanDuel is automatically the better deal.
Do you need a promo code for either offer?
Neither DraftKings nor FanDuel requires a promo code to unlock their Michigan welcome bonus. Just sign up through a qualifying link, make your deposit, and place the first $5 wager. Contrast that with something like BetMGM's code CBSSPORTS or Caesars' code LSRDYW — no memorization needed here. Check the full list of Michigan sportsbooks you can join without a promo code if that simplicity matters to you.
Can you claim both promos at once?
Yes. Michigan bettors can hold accounts at every licensed operator and claim each welcome offer. That means you could grab DraftKings' $200 today and start FanDuel's 7-day run at the same time — $550 in bonus bets total for $40 in qualifying wagers across two weeks. The best Michigan sportsbook promos ranked for 2026 shows you every other offer worth stacking on top.
Remember: bonus bets return winnings only, not the stake itself. A $25 DraftKings token that wins at +200 puts $50 in your withdrawable balance — the $25 principal disappears. Same rule applies to FanDuel. See the full Michigan sportsbook promo comparison for a broader look at how each operator structures payouts.
What are the eligibility rules in Michigan?
Both platforms require you to be 21+ and physically located inside Michigan when you place the qualifying bet. You don't need to be a Michigan resident — just in-state at wagering time, with geolocation enabled. The Michigan sports betting legal guide covers residency rules, the MGCB licensing framework, and everything else about how the state regulates online wagering. All licensed operators are listed at Michigan.gov/MGCB.
Also worth checking: if you're drawn to other head-to-head comparisons, the BetMGM vs Caesars Michigan breakdown covers the $1,500 first-bet insurance against 10 profit boost tokens — a very different style of promo. Must be 21+. Gambling problem? Call 1-800-GAMBLER.