Bet Smart, Win Big: Exploring DraftKings' Michigan Bonuses Bet Smart, Win Big: Exploring DraftKings' Michigan Bonuses

Michigan sports betting fans are truly blessed. No other state in the country offers as many opportunities for betting on local sports teams as Michigan. Betting aficionados can place legal wagers on all four major professional outfits in the state (Tigers, Lions, Pistons, Red Wings) and the Spartans and Wolverines in college sports.

Michigan is now home to over 15 legal sports betting apps and over 25 retail locations for sports betting. The good news for the Michiganders is that most of the best sportsbooks in the US operate in the state.

With an array of betting markets, above-average odds, an easy-to-navigate mobile app, and a lucrative set of promotions, DraftKings is one of the best sports betting operators in the country.

We will check what DK has in store for players in the promotional department, analyzing the top DraftKings Sportsbook MI bonuses for players in Michigan.

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Last verified: June 2024
Special Signup Offer
$150 in Bonus Bets
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Welcome Offers for New Customers

Anyone who creates a new account at DraftKings is eligible for one of two welcome bonuses. Here is the breakdown, including all the key information on how to claim the offers.

Welcome Bonus 20% Deposit Bonus up to $1,000 $200 in Bonus Bets
How to Claim Make a Deposit (from $5 to $5,000) Place a Bet of $5
Wagering Requirements 25x 1x
Time to Clear the Bonus 90 Days 7 Days

The attractive welcome package is the key segment of the best DraftKings sports betting bonuses in Michigan. It starts with a 20% first deposit bonus up to $1,000. The amount of the bonus money you will get depends on your deposit, and the maximum is capped at $1,000. To put it in simpler words, your bonus money is worth a fifth of the money you deposited. For example, if you deposit $1,000, you will receive a $200 bonus. To get the maximum $1,000 bonus, you need to deposit $5,000.

The wagering requirements require you to place wagers to clear the bonus. You will release $1 of bonus money for every $25 wagered and will have 90 days to meet the criteria. The good news is that players will still get to keep whatever amount of bonus money they’ve cleared upon the expiration of these 90 days despite failing to wager the entire bonus amount.

DraftKings Sportsbook MI Bonus

The bonus is paid in DK Dollars. This is the money you can only spend on DraftKings products, but it comes with no strings attached and cannot expire. You can convert DK Dollars to real cash simply by wagering them once. If the bet wins, you will get the cash for both your stake and winnings.

The second option is a “Bet $5 — Get $200” promo. To claim, click here to register a new account and place a wager of $5 on any sports betting market at DraftKings. The house will then reward you with $200 in the form of eight separate $25 bonus bets, regardless of the outcome of your qualifying wager (the one you’ve placed with $5).

DraftKings Sportsbook MI Bonus

There is a seven-day limit to using the bonus bets. You can place them on any sports betting market, but be aware that the bonus bet amount will not be included in potential winnings. For example, if you place a $25 bonus bet on a single with +100 odds, you will receive $25 in case of a win.

A Plethora of Ongoing Promotions for Existing Customers

On top of welcome offers for new players, the top DraftKings sports betting bonuses in Michigan include various ongoing promotions for existing customers. While these are frequently updated with additional bonuses popping up daily, we will show you the most common ones in the table below.

Bonus Max Bet Minimum Odds
25% NHL SGP/SGPx Boost $25 -500 Per Leg
100% Boost for SGP on Selected NBA Games $25 -500 Per Leg
All Sports No Sweat SGP/SGPx $10 No
NCAAF 50% Boost on Selected Games $25 -500 Per Leg For SGP
NCAAF 50% Boost on Parlays (4+ Legs) $25 -500 Per Leg
Bonus Bet on Us $5 No

Most promos you see on the table are up for grabs daily. The theme depends on the action in the popular professional leagues. Players will get a higher chance of finding NBA boosts on a full slate of NBA games. The same applies to the NHL, NFL, MLB, college football, and basketball. The important thing to note is that you need to click the “Opt-In” button to activate each of the mentioned bonuses, which can be found in the “Promos” section of the DraftKings Sportsbook.

DraftKings Sportsbook MI Bonus

The “No Sweat SGP” promo allows the bettors to place a Same Game Parlay on any sporting event. If the parlay loses, DraftKings will refund your stake up to $10.

The “Bonus Bet on Us” promo gives customers $5 to wager on any market they prefer with no strings attached.

We will wrap up the list of the top DraftKings sports betting bonuses in Michigan with the operator’s standard “Refer a Friend” promo. By inviting a friend to join DraftKings via your referral link, you and your friend will receive a bonus equal to the friend’s first deposit. To activate the bonus, your friend must deposit at least $25, while the maximum bonus amount is capped at $100.