After a long wait, many Michigan online sportsbooks and online casinos finally go live today.
Oct 20, 2020 DraftKings has about 380 million shares outstanding. DraftKings shares traded Tuesday at $43.07, down 3.39%, and have dropped 33% since Oct. But the stock still has soared 122% from its reverse. DraftKings, Inc. Operates as a digital sports entertainment and gaming company. It provides online and retail sports wagering offerings, online daily fantasy contests and online casino games. The company was founded by Jason D. Robins, Matthew Kalish and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA. .Reward tiers are as follows: $3, $10, $100 and $500 are awarded as site credits and can only be used on DraftKings. $1,000, $10,000 & $25,000 are issued. Dec 21, 2020 With only less than a week away from the start of the 2020-21 NBA regular season, it is a perfect time to look at some player futures odds, courtesy of DraftKings Sportsbook. As always, there’s a lot of good odds from points per game to leading scorer that you can throw a couple of dollars on.
DraftKings has been one of the first to market in every state it has launched; Michigan is no expectation.
This handy guide will help you navigate the mobile DraftKings Sportsbook. Below you can find information on creating an account, depositing funds, placing bets, and sports you can wager on.
How DraftKings Sportsbook bonus works
DraftKings offers several odds boosts, bonuses, and promotions.
When you sign-up with DraftKings, you receive a $25 free bet even before you make your first bet; however, this is for new customers only.
New customers also receive a 20% match bonus up to $1,000. For example, if your first deposit is $100, DraftKings will give you a free $20 bonus.
- Exclusive bonus: $25 free bet
- Deposit bonus: 20% match up to $1,000
Creating a DraftKings account to begin online sports betting in Michigan
The first step to online sports betting in Michigan is creating an account. Luckily, you can do this from the comfort of your home.
First, find the DraftKings Sportsbook app for iOS or Android and download it. Next, you will be asked to enter some personal information. Some people might be hesitant at first, but you will be asked for this information regardless of which sportsbook app you choose.
Information you might be asked for may include:
- Social security number (last four digits)
- Email address
- Phone number
- Date of birth
- Address and zip code
- Full name
Additionally, you may be asked to download geolocation software (desktop) or switch on your location services (smartphone).
Create a username and password, and you are done.
Funding your DraftKings Michigan sports betting account
You’ve created an account; now, it’s time to deposit funds. Like other online accounts such as Amazon, Doordash, and Grubhub, you can transfer money from your personal bank account into your DraftKings account. This money is yours, and you can withdraw it at any time, day or night.
Across the US, all sportsbooks, DraftKings included, offer fast and easy ways to deposit money. Some of the easiest include:
- Credit/debit card
- E-check
- Wire transfer
- Paypal/Skrill
- DraftKings Prepaid Play+ Card
Of course, all these options are for online sportsbooks. While cash deposits are an option, it is traditionally reserved for retail sportsbooks.
Making withdraws
As mentioned, you can withdraw your funds at any time. DraftKings provides a few options to make things simple. All you do is click on your profile in the top left corner. Select “withdraw” and follow the instructions on the screen.
Withdraw options include:
- Paypal:3-5 days with a $1 minimum
- Check:7-14 days with a $15 minimum
- Online banking:3-5 days with NO minimum
Placing Michigan online bets with DraftKings
Once you have your account created and funded, it’s time to start placing bets.
Betting with DraftKings is easy. On the home screen, you can view a list of games for the day. Simply tap on which game you want to bet on, a “bet slip” screen will pop up and ask how much you wish to wager. Enter your amount and select “place bet” at the bottom.
A few traditional bets you can place are:
- Parlay bets
- Moneyline
- Point Spread
- Over/under
- In-game bets
Live bets or “in-game wagers” vary depending on the sport. For example, during professional football games, you can place bets on “who will score the next touchdown” or “how many points” will be scored at the end of a specific quarter.
Additionally, if you are already familiar with MI sports betting at the state’s retail casinos, you know there are several Michigan sports teams you can place bets on. These teams are:
- Detroit Lions (NFL)
- Detroit Red Wings (NHL)
- Detroit Tigers (MLB)
- Detroit Pistons (NBA)
- Michigan Wolverines (NCAA)
- Michigan State Spartans (NCAA)
- Western Michigan Broncos (NCAA)
- Central Michigan Chippewas (NCAA)
- Eastern Michigan Eagles (NCAA)
Upcoming sporting events you can bet on now
Now that Michigan online sports betting has become a reality, there are several upcoming events you can start placing bets on now. Your options will be identical to retail locations so, if you can bet on a UFC match at a retail sportsbook, you can do it online as well.
Draftkings Derby Futures
A few upcoming events include:
- UFC 257: McGregor v. Poirier (Jan. 23)
- NFC Championship: Tampa Bay Buccaneers v. Green Bay Packers (Jan. 24)
- AFC Championship: Buffalo Bills v. Kansas City Chiefs (Jan. 24)
- Super Bowl LV: NFC v. AFC (Feb. 7)
Of course, there are a number of popular sports to bet on. Some include:
- Hockey
- Basketball
- Golf
- Tennis
- MMA/boxing
- Baseball
Lastly, you can start placing futures bets on several championship games like the following:
Draftkings Stock Future
- 2021 NCAA College Football Champion
- 2021 World Series Champion
- 2021 NBA Finals Champion
- 2021 Stanley Cup Champion