FanDuel Michigan Limited-Time-Only Bonus & Sportsbook Review May 2024

New players to FanDuel Sportsbook in Michigan can take advantage of a risk-free bet of up to $1,000.

The way this works is that whatever amount you wager on a first bet up to $1,000 is essentially “safe.” If you win the bet, nothing happens other than having additional money that you can withdraw. However, if you end up losing, you’ll be given credits in the amount of your bet that can be used to make new bets.

FanDuel loses points by not offering a deposit bonus. Its biggest rival, DraftKings offers a 20% deposit bonus up to $1,000. Although there are fewer restrictions on the FanDuel risk-free bonus offer than DraftKings when you dig into the terms and conditions.

But FanDuel has some exciting ongoing promotions. While they vary drastically week-to-week and even day to day, you’ll often find odds boosters, free-to-play contests, and more.

There are always some interesting promotions going on at FanDuel, and they change depending on what sports are in season.

Here is how FanDuel’s bonus compares to other Michigan sportsbook bonuses:

• DraftKings: Deposit match bonus of 20% up to $1,000
• BetMGM: Risk-free bet up to $1,000
• BetRivers: $250 match bonus

FanDuel Sportsbook Michigan promotions for May 2024 include the following deals:

• Risk-Free NBA Same-Game Parlay: Get a risk-free NBA Playoffs bet with the NBA No-Sweat Same Game Parlay, which gets you free bets up to $20 if your NBA same-game parlay loses.
• $5 Dinger Tuesdays: Bet $25 on any MLB game, get a $5 bonus for every home run hit by either team.
• NHL Playoffs Bet & Get: Get $50 on the NHL Playoffs, get $20 to bet with.
• MLB Parlay Insurance: “MLB No Sweat Same Game Parlay Insurance” gets you up to $20 back if one leg of your SGP loses.
• Same-Game Parlay Combos: You can now combine multiple same-game parlay picks into a single parlay, a feature unique to FanDuel.
• $50 Refer-A-Friend: Refer a friend to get you both $50 to FanDuel Sportsbook and $50 to FanDuel Casino.

When new users join, they can take advantage of a risk-free bet up to $1,000 as a welcome bonus. No promo code required.

FanDuel is among the best sportsbooks in Michigan. It often displays competitive odds, making it a must-see stop when you’re shopping around for the best lines.

No single sportsbook can offer the best odds on every bet. Instead, sportsbooks will compete to give you the best lines. FanDuel is among them, and should often be your go-to when you’re looking to place a bet.

FanDuel Point Spreads And Totals Odds

Differences as small as a half point can make a massive difference in choosing which sportsbook deserves your bet. In totals betting, the over favors lower lines (9 is better than 9.5 for a baseball game, for example). Point spreads differ depending on the team you’re betting on. A spread of +7 is better than +6.5 if you’re betting the underdog. Meanwhile, a spread of -7 beats out a spread of -8 on the favorite.

Here’s a look at one game’s worth of odds at FanDuel compared to a major competitor: BetRivers.

The Boston Celtics point spreads are identical. You could bet at either sportsbook and enjoy the same result. But the Miami Heat point spread makes FanDuel the clear choice. -110 is slightly better than -112 in terms of your potential payout, giving FanDuel the edge over BetRivers.

If you’re betting the over, go for BetRivers, because its -109 is better than FanDuel’s -110. Betting the under? FanDuel beats out BetRivers with a slightly better payout.

Generally, these odds showcase the benefit of shopping around. You can always find a slight edge if you look at different sportsbooks and spring for the bet that pays the most.

FanDuel Moneyline Odds

Let’s look to baseball for a moneyline comparison. The MLB is known for even matchups and close odds, where a small difference can have a huge impact on your payout.

In this scenario, you have two clear options. If you’re betting on the Diamondbacks, go with BetRivers. A $100 would pay $205 compared to FanDuel’s $198. If you’re betting the Dodgers, go for FanDuel. A $240 bet would pay $100 compared to BetRivers, which would require $245 in bets for the same win.

Yet again, small differences can really impact your outcome when betting.

FanDuel Futures

This table tells us quite a bit. First, look to the theoretical hold. This is the profit each sportsbook expects to make on the market at hand. BetRivers’ theoretical hold is significantly higher than FanDuel’s, which should mean FanDuel’s odds are generally better. In this case, that rings true. Differences in theoretical hold of 4% or more tend to show in the odds. Regardless of hold, though, you should always bet with the best odds.

And here? FanDuel has the best odds on every single team. It wouldn’t make sense to bet with BetRivers on any of these lines, because FanDuel’s are consistently better. This is yet another case study in how shopping for the best odds can have a great impact on your long-term betting profit.

FanDuel offers a large number of sports that can be wagered on, including those that are the most popular in the US, as well as lesser-known international sports. Some of the options available through the FanDuel website and app are the following:

• Auto Racing – One of the sports available through FanDuel is auto racing, including the most popular NASCAR races.
• Baseball – This service offers MLB sports wagering as well as betting on minor league sports and includes the World Series in their betting offerings. This also includes betting on the Detroit Tigers.
• Basketball – FanDuel Sportsbook lets you wager on NBA basketball games, as well as WNBA games and Euro Basketball matches. This includes betting on the Detroit Pistons.
• Boxing – When it comes to boxing, FanDuel Sportsbook has betting options on, IBF, WBA, WBO, WBC, and many other traditional boxing matches.
• Football – American football can be wagered on through the NFL (including the Lions), the CFL, and other special leagues, depending on your preferences.
• Golf – Some of the golf options available at FanDuel include the PGA Tour, the PGA European Tour, and the Ryder Cup.
• Hockey – If you’re a fan of hockey, you can wager on games in the NHL, AHL, and even the Stanley Cup using FanDuel Sportsbook. This includes placing wagers on the Detroit Red Wings.
• MMA – Various MMA matches are available on FanDuel’s online sportsbook, and you can easily wager on who you think will win and how they will win a match.
• Soccer – Several soccer leagues can be wagered on using FanDuel Sportsbook, such as MLS, the English Premier League, and the Leagues Cup.
• Tennis – When it comes to tennis, FanDuel has options with the ATP and WTA, including tennis majors like Wimbledon and the French Open.

For more on FanDuel sports betting in Michigan and what you can bet on, see our full guide to What Can You Bet On In Michigan.

Many different options are available at FanDuel Sportsbook for depositing and withdrawing your money. Deposits can be made by credit cards, debit cards, prepaid cards, eChecks, PayPal, bank transfers, and more. There are also a handful of choices for withdrawing your winnings.

Here’s a breakdown of each type of banking accepted by the FanDuel Sportsbook in Michigan:

• Credit and Debit Cards: For deposit only. Accepts major carriers like Visa, MasterCard, AmEx, and Discover.
• PayPal: Available for both deposits and withdrawals, this popular e-wallet is a great way to keep your betting finances separate from your regular bank accounts.
• Skrill: Virtually the same as PayPal in functionality. Skrill is a popular e-wallet for international sports bettors because of its low currency exchange rates.
• FanDuel Play+ Prepaid: You can upload money to the FanDuel Prepaid from your bank account or your sportsbook account and vice versa.
• Online Bank Transfer: You can use your login for most US banks to transfer funds directly to and from your FanDuel Sportsbook account. This is most popular as a withdrawal method, but you can use bank transfers for deposits as well.
• PayNearMe: 7Eleven and other retailers offer a cash payment option for participating sportsbooks, including FanDuel. You pay in cash at the PayNearMe retailer, receive a receipt with a confirmation barcode, then scan that barcode through the FanDuel Sportsbook app.

There is also a chance that you can deposit and withdraw in cash at the MotorCity Casino Hotel cage. Check with FanDuel or MotorCity to confirm if that’s a method that interests you.

FanDuel Sportsbook offers a mobile sportsbook app that makes it even easier to wager on games and matches on the go. The app is available on both Android and iOS devices, including phones and tablets. 

Now that Google Play allows gambling apps, the FanDuel MI app for Android can be downloaded directly from the Google Play platform. Apple users can visit the App Store to get access to the application.

The FanDuel app has a current rating of 4.7 out of 5.0 from over 75,000 ratings.

FanDuel offers one of the best mobile sportsbook interfaces available due to its many years in the business and access to the top technology. It’s easy to use for someone who is new to sports betting, but you can also delve deeper and find many options for those who have been using the website or mobile apps for years.

The FanDuel Sportsbook app lets you legally bet on your favorite sports, whether those include baseball and golf or tennis and soccer. The sports betting apps are streamlined and simple to use, with most of the same features as the desktop version of the FanDuel Sportsbook.

FanDuel is one of the most popular online sportsbooks in Michigan because it offers everything an experienced sports bettor likes while still being approachable for newcomers.

The FanDuel Sportsbook’s biggest shortcoming is the intro promotion. With simply a risk-free bet offer and no signup or deposit bonus, it falls short of the other Michigan options. 

However, it compensates well with ongoing promotions that are on par with DraftKings and better than BetRivers and BetMGM. These include massive odds boosters and other enticing promotions that invite you to win more for less – or win for free.

FanDuel also has a great loyalty program that rewards you win comp points and other benefits as you bet. This should be a standard aspect of online sportsbooks, but it’s not, making it a standout feature at FanDuel in Michigan.

FanDuel also doesn’t have the best odds compared to its number one competitor, DraftKings. But FanDuel does have competitive enough odds that make the platform worth joining, even if you don’t bet there as often as a competing option.

Plus, FanDuel has an exceptional online casino partner, which offers a great change of pace from sports betting if that fits your betting style.