Best Michigan Sportsbooks

Recently, sports betting sites have become legal in Michigan. Here you can find some tips to help you find the best sports betting sites in Michigan. Read on for an overview of recent industry developments and advice on making the most out of the gambling services offered in the Great Lake State.

Is Sports Betting Legal In Michigan?

Betting sites in Michigan are legal and thriving. Residents of Michigan have countless legal options to choose from.

The Michigan gaming market continues to expand, with new sites opening up every year. In 2021, ten new sports betting sites opened up. Records show monthly revenue figures of over $20,000,000, which indicates that sports betting is alive and well. Now is the time to get your slice of the action.

Here’s a timeline showing the steps taken to legalize gambling in the state:

• 2015 – Rep. Robert Kosowski introduces H 4669 and H 4670, the first gambling bills in Michigan. The former suggested allowing casinos to operate sports betting businesses, while the latter proposed simulcast horse race betting. The committee blocked both.
• 2016 – Kosowski responded with bill H 5828 in 2016. Additional elements in the new bill allow commercial third parties to sell services.
• 2017 – Rep. Brandt Iden introduces H 4926, a bill that would legalize sports betting. The state’s first sports-betting-related measure, Iden’s Lawful Internet Gaming Act, passed the Committee on Regulatory Reform.   
• 2018 – Governor Rick Snyder vetoes Bill H 4926.
• 2019 – Governor Gretchen Whitmer signs two expansion bills dealing with gambling that legalize DFS (daily fantasy sports) and online sports betting in Michigan.
• 2020 – The first commercial sportsbooks were launched in the state of Michigan. But imposed restrictions ceased trading temporarily due to the spread of the Covid 19 virus. 
• 2021 – Michigan online sportsbooks accept the first wagers in January. Records show that bettors wagered $100,000,000 in the first ten days.

What Does A Reputable Sportsbook In Michigan Have?

Choosing the right real money sportsbook can be challenging because of all the options. We’ve analyzed and reviewed our list of sportsbooks, and all have eight categories that make them the best and most reputable, such as:

• Education & statistics
• Bets & sports offers
• Deposits & cashouts
• Odds & promotions
• Bettors interface
• New users bonuses
• Users reviews
• Odd boosts

Pick your Michigan sports betting sites according to what fits you based on the above categories. We would also expect to see each of the following sports/leagues covered the top Michigan sportsbooks too:

• NFL Sportsbooks
• NBA Sportsbooks
• NHL Sportsbooks
• MLB Sportsbooks
• Golf Sportsbooks
• Tennis Sportsbooks
• Soccer Sportsbooks
• UFC Sportsbooks
• Boxing Sportsbooks
• NASCAR Sportsbooks
• Horse Racing Sportsbooks
• March Madness Sportsbooks
• NCAA Football Sportsbooks

Online Sportsbooks In Michigan

The more betting markets available, the better for you. Sportsbooks in Michigan are legal, so you can choose local sites that you can find in the state and offshore sportsbooks too. It pays to sign up with several sportsbooks to expand your range of available markets to make the most of the different games on offer.

The main criteria are to select a site that offers the best balance of features for you. Here are some examples of what we want to find:

• Sites with mobile phone apps that match your needs.
• Large selections of teams and sports in your area.
• Good coverage of NFL and NBA tournaments, alongside other popular US-based sports.
• A decent selection of props and futures for most sports.
• Sections with live betting. Find an area dedicated to this, and you’re able to jump on and not only see live options but also what is coming up.
• Integrated live streaming, enabling you to watch and bet simultaneously. 
• International sports such as tennis, soccer, UFC, Aussie rules, cricket, and golf.
• Esports betting section, which is one of the newest sportsbook options. 

The leading wagering providers in Michigan offer many types of bets. Read on to find out about all the options. They have a great variety of options to suit every taste. 

Different Types Of Bets

Understanding the different bets is a no-brainer once you’ve decided on the best site to play on. When it comes to online sports betting, you can bet on just about anything you can find with a land-based bookmaker. Online sportsbooks offer a vast array of betting options. From Super Bowls and NBA finals to a Wednesday mid-week night game between the Tipsy Tomcats and the Moonshine Stars. The following are some of the most popular:

Moneyline Betting

There is no more straightforward way to wager on sports than with a Moneyline bet. You can choose up to three outcomes for this bet. In a Moneyline bet with two players or teams, the bettor picks one player or team to win. For example, in any soccer match, golf tournament, or boxing/MMA match, betting on a Moneyline offers a third option; a draw. Some sportsbooks let you bet on a tie, while others offer a Draw No Bet wager that allows you to pick only winning teams or players.

Spread

When two teams compete that are not considered equal in strength, the spread, also known as the line, balances the odds. The goal is to get similar action on both sides of a game when setting a spread. For example, the Bucks are favored by 3 points against the Trojans, so this would be known as the spread. 

When you bet on the Bucks for a win in a spread bet, they must win by a margin of at least 3 points for you to win the bet. If the Bucks do not win by at least 3 points, you will lose the bet. Even if they win by two points, the Bucks are missing the winning margin of 3; you would still lose.

Live Betting

This type of bet is when you bet on a game while it is in progress. Follow live odds while betting when you watch anything from the Super Bowl to a regular-season Sunday afternoon football game. Live betting is popular among NFL bettors.

Total Bet

A total bet can also be called an OVER/UNDER bet. A game’s total score equals the sum of both teams’ scores. If you want to bet on the outcome, you’ll need to determine whether the combined points for each team would be over or under the set total.

49.5 points is the total agreed on for a game between the Broncos and Stallions. You’d select OVER if you think the total score will exceed 50 points, and you’d choose UNDER if you think it’ll be less than 49 points.

Future Bet

It consists of betting on events to be played or competed in the future, for example, sports championships, MVP (most valuable player) awards, or the winners of the various Oscar awards in the film industry. These are known as future bets. An extended period of time determines the bets by results and outcomes and is decided at the end of a tournament or season.

Prop Bets

Proposition betting is an occurrence or non-occurrence bet placed during a game. The outcome of the game or even the final score may not be affected by these incidents as they do not affect point spreads, totals, or straight-up wagers.

As they deal with individual players and teams, props are considered novelty bets. We’re talking about things including the number of catches a wide receiver makes in the NFL, the number of goals a hockey player will score, the number of strikeouts a pitcher gets in the MLB, the number of rebounds that a center will catch in the NBA, and so on.

Parlay Bet

A Parlay bet is a wager that combines two or more bets for a more significant return. For you to win the parlay, each bet must be successful. There’s a risk of adding more bets to the parlay, but the payout will also be higher. The entire parlay wager loses if one bet in the parlay loses.

The Odds Calculator is a handy tool for calculating how much you would win based on the odds and how much you want to bet.

Michigan Sportsbooks Promotions And Bonuses

Sportsbooks in Michigan provide its bettors with numerous sports betting bonuses and promotions. The betting sites offer their newcomers a welcome bonus of up to 125% on their first deposit. The minimum deposit is $5, and the maximum deposit is $3,125, so it’s up to you to decide how much you want your first bet to be. The gambling site also offers a 10x betting requirement, and bettors can win up to $1,000.

Lastly, Michigan residents can enjoy more promotions such as free tournament entries, parlay insurance, free bets and increasing odds, as the betting sites offer them weekly. Please note that once your account is created, you can place bets of over $3000.

How To Register And Place A Bet

Casino and sports bets are only permitted in Michigan if you’re 21 or older. 18-year-olds are only allowed to play state lottery games. Registering with a legal sportsbook is easy and quick. The process is as follows:

• Pick an online sportsbook of your choice. Check out the best welcome offers by comparing what’s on offer on our list.
• As part of the application process to open an account, the site will ask you to provide information about yourself. You’ll be asked for your name, postal address, email address, date of birth, mobile number, and the last four digits of your social security number. The site will request that you provide an ID when registering or making your first withdrawal.
• Deposit money into your account after it’s created. Make use of the welcome bonus!
• Study the odds to make a bet, enter it in your betting slip and finally place the bet.

Withdrawals And Deposits

Michigan sportsbooks offer a wide variety of banking options, which allow you to deposit and withdraw funds instantly. Payment methods such as credit cards, electronic wallets, online banking, and cash options such as PayNearMe are the most common. Cryptocurrency is becoming very popular due to the low transaction fees.

Most deposit methods have reciprocal withdrawal options. Credit cards are not all the same, and payments back into your card have stipulations. Check before using your credit card online. 

Payouts should be made on time and must be traceable. After your payout has been approved and you chose an electronic payment method, you should have access to it within three to four days. Good sportsbooks allow you to view your withdrawal status at any time.

Fees

This aspect applies more on the withdrawal side, but it could also be a problem when making a deposit. Credit cards may charge you as a cash advance instead of a purchase fee, which will cost you more in interest. Also, many e-wallet companies charge you a small percentage when you fund your account. The amounts add up, especially when you’re trying to make a return on your cash. Make sure to read all the terms and conditions when choosing a payment provider.

Speed 

Most e-wallet companies have a holding period to verify who you are before allowing you to use your new account. Until the holding period is complete, you can’t make any transfers. These delays can be a major inconvenience, especially if you’re trying to make a time-sensitive sports bet. Look for the options that give you instant access to your account and funds to make deposits easily.

Security 

Nowadays, you can never be sure which hackers will compromise companies. The ones suggested below are among the best for security. With so many security breaches recently, you also want to find the companies that need the least amount of your personal information to create an account. If you’re concerned about this, you can always use the prepaid card options to pay in cash and remain anonymous.

Payment Options

Credit Cards and Debit Cards

The majority of sportsbooks in Michigan accept both Mastercard and VISA. There are also a few that work with American Express and Discover.

Prepaid Cards/Play+

The service provider typically brands these cards and offers a sign-up link on the cashier page. You can fund your Play+ prepaid card using a credit card or bank account, which you can then deposit to your account.

PayPal

PayPal is a widely used e-wallet. It’s pretty straightforward to fund your Michigan sportsbook account through PayPal. You can easily withdraw winnings and deposit funds via PayPal. Not every sportsbook offers it in Michigan, but it’s a popular choice otherwise.

Online Banking

High rollers who want higher betting limits make use of digital banking. You can use it to make deposits as well as withdrawals. You can use online banking in two ways: linking directly to your bank account or using a third-party service like ACH or VIP.

PayNearMe

If you prefer to use cash instead, here’s an option only for deposits: the online site you want to pay for will send you a barcode. Take a printout of the barcode to a store such as 7-Eleven, Family Dollar, or CVS, and use a payment method of your choice to make the deposit. They often charge a small fee, but you have to use another method to receive your winnings.

Cryptocurrency

Bitcoin is a highly secure ledger-based method of paying for goods and services. It’s become a method of payment accepted by many casinos. Today, there are numerous coins available on the market. The online gambling industry was a forerunner in embracing this new technology, especially for processing US deposits. Listed below are many of the more popular cryptocurrency deposit options.

When using cryptocurrency as your primary deposit/withdrawal method, consider using Litecoin or Dogecoin, which have low fee transaction costs. Cryptocurrencies such as Ethereum and Bitcoin withdrawing charges are very low compared to other currencies, and the transactions are really fast.

Not all sites use crypto, but we have taken the time to find you the best ones that do. We have a list of the best crypto sportsbooks that you can access, as well as the best Bitcoin betting sites if that is your preferred crypto payment method.

Conclusion

Gambling is legal in Michigan, which means an extensive selection of sites and games available for wagering. We advise you use one of our trusted sites because we have done all the tests and evaluated them to get our thumbs up. The welcoming bonus or free bonus offerings are a great way to learn how to play the games without risk. To cash out your winnings, you must meet the requirements of the terms and conditions, so please read and understand them thoroughly. 

If you decide that online sports betting is for you, use the tips and advice we provided in this article so you can register on the best Michigan sportsbooks to play and win.

FAQs

Are online sports betting and regular sports betting similar?

Betting online in Michigan is fast and convenient. When it comes to the actual betting process, there’s no difference between online and land-based betting. You choose the sports, teams, and players that you want to wager on and select the amount of money to bet! It’s that simple.

What is the limit to online winnings?

There is no limit. Most online sportsbooks here allow bettors to win as much money as they possibly can. The more money you bet, the better your chances are to succeed.

What sports are most people betting on?

Michigan has a significant NBA, NFL, and MLB fan base. Gamers here bet on a wide variety of sports and events. Fortunately, most internet sportsbooks here provide odds on every major sporting event worldwide.

Why bet on Michigan sports betting websites?

The choice to bet online is always yours. Michigan sports betting sites are amongst the safest and most convenient options available. If you love sports and want to wager some money on your favorite teams, events, or sportsmen and women, this popular form of wagering is for you!