HomeBonusesSign-up bonus

Sign-up bonus in Michigan

Table of contents
1 DraftKings
DraftKings review
Bet $5 Get $200 in Bonus Bets
GET BONUS
(+7)
21+ and present in MI. Gambling Problem? Call 1-800-GAMBLER
2 Caesars
Caesars review
Second Chance Bet Up To $1000
GET BONUS
(+7)
21+ and present in MI. Gambling Problem? Call 1-800-GAMBLER
3 BetRivers
BetRivers review
Second Chance Bet Up To $500
GET BONUS
(+5)
21+ and present in MI. Gambling Problem? Call 1-800-GAMBLER

Most online sportsbooks in Michigan offer a sign-up bonus to new customers visiting their site. However, there are numerous welcome bonuses for Michigan players making it a tad bit difficult to find your preferred one. Here is a breakdown of all you need to know about sign-up bonuses in Michigan below.

What is a sign-up bonus in Michigan?

A sign-up bonus in Michigan refers to a bonus given to new clients on the betting sites. A player gets the sign-up bonus after registering with the respective betting site. You can use the amount to place a bet and withdraw real money.

Types of sign-up bonuses in MI

Since MI has several sports betting apps legalized within its boundaries, the sites have come up with various bonuses. Below are some popular Michigan sports betting bonuses available:

  • Boosted odds sign-up bonus - A boosted odds sign-up bonus refers to a betting promotion characterized by a feature of better odds on specific markets. In this type of bonus, a player may need to bet on specific games to have their odds boosted, thus increasing their possible win. The more games you pick on some betting sites, the more you boost your odds.
  • Cashback sign-up bonus - A cashback sign-up bonus is the most popular type of casino bonus out there. As a player, you will get back a certain amount of your losses — up to 100% — as a bonus. You may get a 25% cashback on the first and second days and 50% on the third. When you lose $100 on the first day, you will receive $25 (25%). Also, when you lose another $200 on the second day, you will get another $50 (25%). Lastly, if you lose $400 on the third day, you will get another $100 (50%).
  • Risk-free bet sign-up bonus - A risk-free bet sign-up bonus is one of the best bonuses available for players. When you sign up for an account and make a deposit, the betting site will refund your net losses up to 100%. For example, if you deposit €10 and lose it all playing roulette games, the casino will give you €10 as a no-risk sign-up bonus.
  • Matched deposit sign-up bonus - A matched deposit bonus is when you are signing up to a betting site, they will sometimes double or triple your first deposit. If you were to deposit $100, they would give an extra $100 or even an extra $200 free! Instead of having just $100, you get up to $200 in your account.
  • Matching bet sign-up bonus - In this case, it is not just the deposit that a MI sportsbook matches but also the bet. If you deposit $100 and lose all the money in one bet, you can take advantage of this type of bonus and bet again using the same amount. This bonus can also be referred to as a free bet bonus.

How to get a sign-up bonus in MI

Are you planning to venture into betting? Here are the steps you need to use to sign up and get a sign-up bonus in Michigan.

  1. Research - online sportsbooks in MI to see which offers a sign-up bonus - Since there are several betting sites available in Michigan, unfortunately not all offer a sign up bonus. You should find it wise to research the betting sites that offer a sign-up bonus.
  2. Sign up with your details - When you get your preferred betting site with a sign-up bonus, consider registering your details on that site. Ensure your key in the correct details and a strong password. Normally, a strong password bust has numbers, letters, upper case and lower cases, and symbols. It must be at least eight characters.
  3. Use promo code if required - Some betting sites issue their customers with promo codes once they sign up. If your site requires this, consider putting a promo code that you have been issued. The promo code acts as a unique ID for you to access the bonus.
  4. Read wagering requirements for a sign-up bonus. - A serious bettor will always keep an eye out for each detail of information given on a betting site. As a new customer, consider most of these details much useful. Wagering differs from one betting site to another.
  5. Start betting - Kick-off your betting experience by understanding all the vital information that the specific sportsbook offers its players. Moreover, you need to choose games that you understand. Ensure you are aware of the tie they take.
    You can use your sign-up bonus to place a bet. Moreover, be careful when placing this first bet so that you can win on your first attempt. This will help you avoid topping up your virtual wallet to start betting.

Pros and cons of sign up bonus in Michigan

Like any other bonus, Michigan's sign-up bonuses have their merits and demerits. Here are some of the pros and cons of sign-up bonuses in MI:

Pros

  • Increases your bankroll - A bankroll is an amount of money set aside for betting. Sign-up bonuses increase your bankroll by providing n amount of money to be used to start betting. Some sign-up bonuses, such as boosted odds, will increase your bankroll by increasing your possible win. This effect on the bankroll will be seen after winning the game.
  • Increase your bet sizes - A bet size will increase with a boosted odd. You can add a bonus to your initial possible win. Thus, increasing your bet size. In this case, the gambler enjoys the benefit of possibly winning a larger amount than expected.
  • No risk to your balance - The welcome bonus covers your first bet amount. Here you won't risk losing your original money. This is because you are using your bonus given by the site to place a bet. Whether choosing to deposit in the account or not, using the bonus available is highly recommendable to save on your initial amount.

Cons

  • Wagering requirements - As discussed earlier, there are wagering requirements that a gambler must read and adhere to. This limits you to a certain amount before you withdraw your money. You are required to make a set number of bets and reach a certain account balance before you can withdraw. In this case, a player is limited to the set rules, which might be very boring.

FAQ

Do I need to deposit to receive a sign-up bonus in MI?

No, you don’t need to deposit on a Michigan betting site to receive a sign-up bonus. Some sites give sign-up bonuses to their clients without necessarily making a deposit. A good example is no deposit bonus in Michigan. Once you register with a betting site that offers this type of betting, you are given a bonus in your virtual account, which you can now use to place your first bet.

What sign-up bonus is the best in Michigan?

The best sign-up bonus in Michigan is the match deposit bonus. This type of bonus matches your first deposit by a certain percentage, up to a specific amount. For example, if the bonus is 100% up to $200, you would get $200 added to your account if you deposited $200. Therefore, if you deposited more than $200, you would still receive only the maximum of $200. If your first deposit was less than $200, you’d receive the entire amount of your deposit as bonus money added to your account.

Can I get more than one sign-up bonus in MI?

Yes, It is possible to get more than one sign-up bonus at any Michigan betting site. You can get the no deposit sign-up bonus and boosted odds bonus in some situations. Moreover, you can get these two bonuses together to serve different purposes. The no deposit sign-up bonus is virtually reflected in your wallet. Also, you can use it to place bets.