Legal Sports Betting In Michigan
After four years of effort, legal sports betting in Michigan finally became a reality when Governor Grethen Whitmer signed a sports betting & online gaming bill into law. Effective December 20, 2019, any brick-and-mortar casino or online gambling site can accept sports bets.
Don’t get overly excited, though. No venues are currently taking wagers – not yet, that is.
What should you expect when Michigan sports betting arrives for real? BonusFinder lets you know in this comprehensive review.
Michigan Sports Gambling Sites
With a state population of just under ten million people, Michigan’s online sports betting market will be huge. On opening day, though, choice may be limited. We’ve heard three names mentioned behind the scenes – the daily fantasy sports giants DraftKings Sportsbook and FanDuel Sportsbook, and the international superstar William Hill. In other words, the usual suspects.
Here’s how the betting apps will likely to look like in the start:
|WV Sportsbook||Betting App||Software|
|FanDuel||Not available yet||iOS / Android|
|DraftKings||Not available yet||iOS / Android|
|William Hill||Not available yet||iOS / Android|
Note, however, that the Michigan sports betting sites are in their infancy. Once its growth matures, we expect scores of players to compete for the business of sport-loving Michiganders. One very likely to join the party is MGM Grand brand BetMGM, which is already operating in multiple online sports betting states. They’ve got the MGM Grand in Detroit, making it a smooth entry to the market.
Another one is likely Barstool Sportsbook, which should launch by the end of 2020 – at the latest. Barstool’s owner Penn National owns Greektown Casino just few blocks off Comerica Park, making the market entry in Michigan easy as BetMGM’s.
Free Bets, Risk-Free Bets & Deposit Matches in Michigan
Because of its sizable population, we expect Michigan to be a highly competitive sports betting market. As such, online sportsbooks will need to be aggressive to attract/retain customers.
In this section, we’ll talk about the welcome offers, promo codes and ongoing promotions that will likely be offered by Michigan sportsbooks.
Let’s start with welcome offers. When it comes to these attention-grabbing promos, sportsbooks offer three main types:
- Free bets
- Risk-free bets
- Deposit bonuses
The legal sports betting in Michigan has tons of potential. However, like in Indiana, it will start small. As such, you’ll likely encounter lots of “risk-free” bet offers in a few months. Example: Sign up with XYZ Sportsbook and get up to a $500 risk-free wager!
In this case, they are “guaranteeing” your first bet with them. If you win, you collect your prize winnings as per usual. If you lose, though, they’ll give back your losses in part or full. Usually, this is in the form of bonus cash – more on this later.
As competition ramps up, though, you’ll see two promos that are FAR more generous. The first of these is the free bet. This offer comes precisely as advertised – the site GIVES you money to wager with. If it is unsuccessful, you lose the site’s money, not your own. If you win, though, you collect the profit, but NOT the original stake.
Finally, there’s the tried-but-true deposit bonus. Similar to casino deposit bonuses, your sportsbook will match deposits to a specific dollar amount in BONUS CASH. For example, a 100% up to $500 deposit bonus will get you $500 in bonus cash when you deposit $500 of your own funds.
All these bonuses sound so incredibly generous, the next question becomes, “What’s the catch?” The catch, which protects sportsbook operators from “hit-and-runners,” are wagering requirements.
How do they work? When you capitalize on a deposit bonus or get a risk-free bet paid back, the app redeems you in bonus funds. Unlike real cash, you CANNOT immediately withdraw bonus cash. Instead, you must turn over the amount a set number of times first.
This factor varies from one sportsbook to the next, but usually, it is substantially less than online casinos. Now, it is far too early to say what playthrough requirements will be for Michigan online sportsbooks. However, if wagering requirements out east are any guide, expect a 1-6x standard for deposit bonuses and 1x for risk-free bets.
Legal Sports Betting In Michigan – Promos
Getting sports bettors in the door is only half the battle. To make a consistent profit, bookies need to keep them there, week after week.
Ongoing promos are the most effective retention tool a sportsbook has. These offers allow sports bettors to make extra money or avoid risk. A good site refreshes these offers regularly and targets them at special events like the Super Bowl.
What offers will you usually find on sportsbooks? We’ve listed the most common types below.
- Reload bonuses
- Profit boosts
- Odds boosts
- Insurance promos
- And many more…
Banking at a Michigan Online Bookie
Ready to give legal sports betting in Michigan a shot? You’ll need to make a deposit first. Now, it isn’t clear yet who will offer sports betting in MI. However, it’s quite certain all the banking methods will be available to Michiganders that are available in other online gambling states like New Jersey and Indiana. Based on that, here’s what things could look like in Michigan.
- Credit cards (Visa/MasterCard)
- ACH/online banking
Credit cards and online bank transfers are no-brainer methods you’re most likely to see. However,some banks still view sportsbook deposits as a “prohibited” transaction, despite the death of PASPA. Should your financial institution block your deposit attempt, there is another way.
The vast majority of sportsbooks support PayPal deposits. To initiate them, start by moving the amount you want to deposit over to PayPal from your bank. Then, activate the PayPal deposit option on your sports betting site of choice. Make the second transfer, and BAM – you have a bankroll online.
Other Methods Possibly Available in Michigan
The following methods are not offered in every state, but given the relaxed nature of Michigan’s gambling laws, it is more than likely that Michigan sports bettors can take advantage of them.
- Prepaid cards
- Cash at the Cage
Prepaid cards allow players to store a balance on them, rather than in their bank. Depositing is as easy as entering the card’s code, and the amount you want to move on-site.
Want to bet on sports, but have privacy concerns? If your sportsbook takes PayNearMe, you’re in luck. Offered by retailers like 7-Eleven and Family Dollar, it allows you to deposit using the cash in your pocket.
Lastly, it appears Michigan’s new sports betting law requires sportsbooks to be associated with an existing brick-and-mortar casino. This requirement opens the door to Cash at the Cage deposits at the retail location.
Not all deposit methods can be used to withdraw from a sportsbook (i.e., credit cards). As such, you may need to use an alternative option. According to what we’ve seen in other states, here’s what you can expect to see in Michigan.
|Withdrawal Method||Withdrawal Time|
|ACH (e-checks)||3 - 5 business days|
|PayPal||4 - 6 business days|
|Paper checks||7 - 10 business days|
|Prepaid cards||2 - 6 hours|
|Cash at the Cage||2 - 6 hours|
Legal Online Sports Betting In Michigan – Conclusion
The story of legal sports betting in Michigan has just begun. When the online bookies finally do open, it should get as competitive as any other state.
Michigan Sports Betting FAQ
- Can you bet on sports online in Michigan?
As of December 20, 2019, it is legal to bet on sports in Michigan. In practice, though, betting venues will take a while to set up. The first launch date used to be March 11th but that's long gone now, and still a new date hasn't been set. Betting apps are expected to launch by football season, but the exact launch date is yet to be determined.
- Will I be able to place bets in Michigan using a VPN?
Don’t do this. To comply with state law, sportsbooks will track your location with geolocation software. For years, gamers have used VPNs to defeat these measures. However, sportsbooks are aware of this, so they constantly check for IPs associated with these programs. If you are caught using one, your account may be frozen, and funds seized.
Use a VPN for privacy reasons? Make sure it is disabled before logging on to your sportsbook.
- How old do I have to be to bet on sports in Michigan?
You must be 21 years of age to wager in a Michigan sportsbook once the online bookmakers start their operations.
- Are there sports betting apps in Michigan?
Not just yet. Sports betting apps will start to appear in App Store when online betting launches in Michigan, which should be in time for football season. The exact launch date is still undetermined, but Michiganders will be able to download sports betting apps certainly later on in the year.
- Is sports betting legal in Michigan?
Yes. Sports betting is legal in Michigan as of December 2019, and the first retail sportsbooks began accepting wagers in March 2020. However, there are currently no online options available in Michigan.