Welcome to our DraftKings sportsbook review. As you read on, you’re going to discover all that this operator has to offer. From the welcome bonus to the range of markets, and from payment methods to odds, we’ve got it all covered. Let’s take a look.
The Pros and Cons of the FanDuel Sportsbook
Pros
- Generous welcome bonus
- Range of payment methods
- In-dept stats
Cons
- Lack of live streaming
- Customer service response times can be slow
- Loyalty program not as strong as other sportsbooks
Claim your Welcome Bonus at DraftKings Sportsbook Michigan - Bet $5 Get $200 in Bonus Bets
The DraftKings Welcome Bonus
The first thing we noted when compiling this DraftKings sportsbook review was that the welcome bonus continually updates. This is a nice touch as the changes are so that it fits with what’s going on in the world of sports. For instance, right now the NFL season has just got underway, so the welcome bonus is focused on this.
As of September 2024, new customers need to wager just $5 and will then receive $200 of bonus bets. The free bets come with 1x wagering and need to be used within 7 days. DraftKings adds that 7 days will be measured as being 168 hours from when credited.
Bonus funds should be credited to your account immediately, although the site does say that if there are technical issues, it could take up to 72 hours.
How do I Claim the DraftKings Welcome Bonus?
We have no doubt that punters in Michigan will be keen to take advantage of this bonus, so let’s take a look at the steps you need to follow to claims it:
- 1
Be directed to DraftKings
Click the link in this DraftKings sportsbook Michigan review. This will take you straight to the site and you’ll see the offer shown in the banner on the page.
- 2
Join DraftKings Sportsbook
Click the button that says ‘Sign Up’.
- 3
Create your DraftKings account
As you read on, you’ll find that we provided step-by-step instructions for this.
- 4
Make your first deposit
Make a deposit of at least $5 to qualify for bonus.
- 5
Wager on the sport of your choice
Place a $5 bet on any market.
- 6
Receive bonus
The first bonus should be credited to your account as soon as you place your bet.
Key T&Cs to Consider
Like any welcome bonus, the one from DraftKings has terms and conditions attached. Here’s a look at the main ones that you need to be aware of:
- Offer open to new customers in Michigan who are at least 21 years of age
- Minimum deposit and wager of $5 required to trigger the bonus
- Wager can be on any market
- The bonus is not linked to the outcome of your first bet
- The bonus is credited in an instant
- The $200 is given in the form of 8 x $25 bets
- 1 x wagering requirements apply
- Bonus bets expire after 7 days
Ongoing Promotions at DraftKings
What we like about the DraftKings sportsbook in Michigan is the fact that there are also ongoing offers and promotions after the welcome bonus. Here’s a look at what’s on offer right now:
No Sweat Bet
This promotion is applied to selected events. Right now, it can be seen for the Dallas Cowboys Vs. New York Giants. By placing a bet on this event, at odds of at least -500, your wager will be refunded should you lose. You’ll see that this promotion is updated regularly.
Horse Racing Bonus
If you download the DraftKings horse racing app, there’s another bonus to take advantage of. Wager $5 on any market and you’ll be credited with a $20 free bet to use on the horses.
MLB Parlay Profit Boost
Place a minimum wager of $10 on a parlay that’s made up of at least 4 legs. If you win, your profits will be boosted by 50%. Minimum odds of -200 are required for this baseball betting promotion.
Refer a Friend
Use your unique link and share with friends. When they sign up, and make a deposit of at least $25, you’ll be rewarded with a $100 bonus.
Loyalty Program
This works by offering users crowns. You receive 1 crown for every $2 that you wager. Crowns can be exchanged for free bets, but you need 550 of these to claim a dollar. This is a little disappointing as it would take a bet larger than $1,000 just to receive a $5 free bet. It could work well for regular high rollers, but this is unlikely to be much benefit to a casual punter.
How to register to DraftKings Sportsbook Michigan
If you like what you’ve seen so far, you’re probably wanting to create your own DraftKings sportsbook account. Here’s a look at how you can do just that:
- 1
Head over to DraftKings Sportsbook
Click on our link and head over to the DraftKings sportsbook and click on the button that says, ‘Sign Up’.
- 2
Begin filling out registration form
Enter your email, phone number, and create a username then click to submit.
- 3
Enter personal details for the next stage of registration
Fill in your personal details including your social security number.
- 4
Submit
Agree to the terms and conditions and then click to submit
- 5
Verify your account and start wagering at DraftKings!
You’ll be asked to verify your account via an email link, or a code sent to you mobile. If you don’t pass the KYC checks, DraftKings will ask you to upload documents to confirm your identity. Once this has been verified you're good to go.
Product
Until recently, the DraftKings sportsbook was reliant on white-label technology supplied by a company called Kambi. This Swedish company is behind a host of sportsbooks in the Michigan area, and it meant that DraftKings was left offering something very similar to the. In fact, even the odds were set by Kambi. However, DraftKings then stepped out alone and broke away from Kambi.
This freedom has allowed DraftKings to take steps to stand out in the market. This means that there are now live streams and a raft of promotions and bonuses for punters to take advantage of. There has also been the addition of DK social. This allows bettors to come together and discuss their bets and the action as it unfolds.
The site itself is extremely user-friendly. We found the sign-up process to be easy, and making our first deposit was a breeze. We had no issues when it came to finding our way around the site. The menus and links mean you can navigate the site and get to where you need to be, fast.
Which Sports does DraftKings Sportsbook offer?
We were impressed to see that there were more than 30 sports to bet on at DraftKings. You won’t be surprised to learn that there are opportunities to wager on popular sports such as NFL, college football, soccer, and tennis. We liked the fact that alongside these, there were also lesser-known sports such as jai alai and lacrosse.
It’s easy to find the sports that may be of interest as their listed in alphabetical order on the lefthand side. This runs from Aussie Rules down to volleyball. Below this there’s a section just for playoffs. This covers:
- College football (with the exception of player props)
- March Madness
- NBA
- NFL
Then there’s the Championship section. Here you’ll find:
- Final Four
- NBA
- Ryder Cup
- Stanley Cup
- The Masters
- World Series
What we like here is the fact that DraftKings offers a wide range of betting opportunities. Take soccer for instance. There’s the chance to bet on major leagues such as the EFL and La Liga, but minor leagues are covered too, such as Faroe Islands Premier League.
DraftKings Sportsbook's Market Offering in Michigab
As we put together this DraftKings sportsbook review, we were pleased to see that there was a great range of markets to get involved with. When we looked at an upcoming EPL match, there were hundreds of markets such as first to score, over/under, both teams to score, and moneylines. We were equally impressed with what we saw when we looked the NBA and NFL.
We like how the betting options are set out here. There are popular choices listed above the event and there’s the chance to click on ‘Prop’. Doing this gives you access to an almost limitless number of bets.
When looking at how competitive the odds are here, we used the average payouts. Across the board, these come in at 94.69%. This is better than average and shows that the odds here can lead to some decent payouts. When we looked further, we found basketball at 95.40%, ice hockey at 95.72%, and baseball at 94.5%.
Live Betting in Michigan at DraftKings Sportsbook
You will find in-play betting on most sports that are happening right at this moment with everything from soccer, tennis, NBA, NFL to MLB and much more.
The in-play section is easy to navigate and, what makes it even better is the fact that there are opportunities to live stream events. The number of streams is far from being the most that we’ve seen but when it can be accessed, it really adds to the betting experience.
Comparing Michigan Sportsbook Alternatives to DraftKings
The great news for those in Michigan is that they have access to more than a dozen sportsbooks. If DraftKings isn’t for you, here’s a look at how some of the other best operators such as FanDuel sportsbook and BetMGM measure up:
DraftKings Sportsbook | FanDuel Sportsbook | BetMGM Sportsbook | Caesars Sportsbook | |
---|---|---|---|---|
Rating | 94 | 95 | 95 | 92 |
Payment Methods | 7 | 8 | 10 | 4 |
Top Payment Methods | Visa, Paypal, Play+ Card | Paypal, Venmo, Visa | Visa, Mastercard, Paypal | Visa, Mastercard, Paypal |
Cash out | ||||
Free to play | ||||
Live stats | ||||
Live scores | ||||
Bet Builder | ||||
Live streaming |
DraftKings Payment Methods
When we review any sportsbook, we always check out the deposit and withdrawal methods that are in place. We know that MI residents need to see those that are trusted, secure, and offer fast transactions. Here’s what DraftKings has to offer:
DraftKings Sportsbook Deposits
If you’re looking to deposit funds so you can wager, DraftKings offers 10 options. These include the likes of Visa, PayPal, Play+, Apple Pay, and wire transfer. The majority of options only require a minimum transaction of $5 so this means that, regardless of budget, anyone can get involved.
Another positive here is that all of the options see funds hit your sportsbook account in an instant. Even better, they are all fee-free.
Withdrawal Methods
There are plenty of options when it comes with withdrawing your winnings too. We counted 8 of these, including Apple Pay, Venmo, Visa, and check. Withdrawal times range from 1-2 days, although opting for check could see you waiting up to 14.
Again, there are no fees here, so you won’t lose any of your profits. The maximum amount you can withdraw varies depending on the method you use, but ranges from $25,000 with Visa to $100,000 with online banking.
DraftKings Company Info
DraftKings sportsbook launched back in 2012 and is based in Bost, Massachusetts. When it first hit the market, it was all about fantasy sports, with FanDuel as its main competitor. In 2015, it was granted a license to operate in the UK and, as the laws began to change across the US, it offered an online sportsbook for the first time in 2018.
You can see that this is a hugely popular operator, just by looking at its coverage in the US. It now has a presence in more than 20 states, including Michigan, Connecticut, Indianna, New York, North Carolina, and New Jersey.
DraftKings also launched an online casino in Michigan as well, meaning sports bettors can also wager on casino games on the same platform.
If you want to try the bricks and mortar betting experience in Michigan, you can do this by visiting the retail outlet in the Bay Mills Resort and Casino.
Customer Support - Does DraftKings Sportsbook hold up?
We were impressed with what we saw at DraftKings when it comes to customer support. First off, we explored the help centre. Here, there were a range of articles that cover just about anything that you can imagine. If you ever run into any difficulties, there’s a good chance that you’ll find the answer you need here.
If you do need to reach out, the help centre also has a chat function. This is a bot and is available 24/7. While this may disappoint some, it’s worth knowing that that we kept asking for an agent and our details were then taken. An agent got in touch with us 4 hours later and solved our query. They were polite, professional, and knowledgeable throughout.
Is DraftKings Sportsbook Legal in Michigan?
The good news is that DraftKings is 100% legal in MI. If you’re at least 21 and have a social security number, you can bet here and be on the right side of the law. The online operation runs on the back of the license that’s issued to the Bay Mills Resort and Casino.
The DraftKings site and app are both authorised and regulated by the Michigan Gaming Control Board. This means that there’s no doubts when it comes to DraftKings being legit and legal.
Is the DraftKings Sportsbook Safe and Secure for Michigan Players?
There are no issues with safety and security at the DraftKings sportsbook. We saw that the website has a valid SSL certificate meaning that there are levels of encryption in place to keep your details secure. We also found that the app complies with industry standards meaning that accounts are protected.
To keep yourself as safe as possible, be sure to use a strong password and never share this. Also make sure that the password isn’t used across sites: it needs to be unique to DraftKings to minimise the risk of it being compromised.
Responsible Gambling at DraftKings
It was great to see that DraftKings takes responsible gambling seriously. You can find a whole section dedicated to this by clicking a button in the top right corner. Here, you’ll find a list of resources, with phone numbers and websites where you can find support.
There’s also information about the tools offered to help you stay in control. This includes take a break, bet blocker, and setting deposit limits.
Conclusion
That brings us to the end of our DraftKings sportsbook review. As you can see, this is a sportsbook that offers an outstanding experience for punters in Michigan. With live streams, a bet builder, and some great odds, we’re more than happy to recommend this site.
Of course, there’s also the $200 welcome bonus to consider, as well as the chance to boost already attractive odds. If this all sounds good to you, why not sign up and give DraftKings a try for yourself?
Yes, all of the wagers placed are for real money and that means that winnings are real money too. Withdrawing is simple and takes 1-2 days.
Yes, you can be sure that this operator is legit. It has a physical presence at Bay Mills Resort and Casino and operates under a license issued by the Michigan Gaming Control Board.
This is a feature on the DraftKings sportsbook that allows players to chat to each other. They can share details of bets, meet new people, and even create contests.
To claim the $200 welcome bonus, new players in Michigan need to place a qualifying bet of at least $5. When this bet has been placed, bonus funds are credited automatically. See further up the page for further details and key bonus T&Cs.