Michigan online sports betting has been legal for over a year, and after setting a record with $497 million wagered in January, the state continues to see wagering grow. Caesars has become an industry leader in online sports betting and offers unique Caesars Sportsbook MI promo codes. First-time sports bettors can pad their bankrolls with new Michigan sportsbook sign-up offers and Caesars Sportsbook promos. They’ll also be able to bank points for a rewards program that can be used in a variety of ways at Caesars properties and online.
If you are a new registrant who is 21+ and located in Michigan*, you can register, deposit, and take advantage of all that Caesars Sportsbook has to offer. When you click, you may be able to see their latest promo offer(s), if there is an offer at the time. Offers vary from time to time and Terms and Conditions will apply to the offers. See details here.
Here are some of the ways you can bet on sports like football and basketball at Caesars Sportsbook Michigan:
Against the spread: Bet one team to win by a certain number of points. For example, if Detroit is -3.5, or favored by 3.5 points, you win if Detroit wins by four or more points. This is the most common type of sports bet for team games like football and basketball.
Money line: The simplest of sports betting options, all you have to do is pick which team will win outright. Money line bets are used across all sports, with betting on underdogs bringing you a greater profit than betting on favorites. For example, a -200 favorite means you need to bet $200 in order to win $100. On the other hand, a +250 underdog means you’d need to wager $100 in order to win $250. The larger the number, the bigger the favorite or underdog.
Against the spread: Sportsbooks offer against-the-spread betting to level the playing field. If Detroit is favored by 4.5 points over Chicago, an against the spread, or “ATS,” bet on Detroit would mean you’d win if they win by five points or more. The spread for that game would be listed as Detroit -4.5 or Chicago +4.5.
Futures: In futures betting, rather than betting on the outcome of a game between two teams, you bet on a future outcome for an entire season or event. A futures bet on Michigan to win the championship at +2500 would pay out $2,500 on a $100 bet if Michigan won the title. In individual sports, you can bet on upcoming event like the winners of major championships in golf, auto racing, and tennis.
Player props: For select games in select sports, Caesars Sportsbook offers the opportunity to wager on individual player statistics. If there’s a football game between Detroit and Chicago and a wide receiver’s over-under is 69.5 yards, it means that anybody who bets the over wins if the player officially records 70 yards or more. Players who bet the under win if the player records 69 yards or fewer.
*MI only. 21+. New users only. See Caesars.com/promos for full terms. Void where prohibited. Gambling Problem? Call the Michigan Department of Health and Human Services Gambling Disorder Helpline at 1-800-270-7117.