Michigan lawmakers may have signed off on legalized gambling in December 2019, but it took a little over a year to get online operations up and running. The big moment occurred at noon on January 22nd when Michigan online sports betting became legal and operators started legally accepting online sports wagers!
There are currently 15 online bookmakers operating in the state. Sports bettors will be familiar with many of the sportsbook brands as most of them have found success in other states that have also legalized sports wagering.
Michiganians can now legally engage in a full range of online gambling activities. They can also take advantage of the many great bonuses that these sites offer. It’s not just that the sports bettors who are excited. Online casinos are also up and running.
Best Michigan Online Sportsbooks
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BetMGM Sports
Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn't Win!21+. Gambling problem? Call 1-800-GAMBLER. CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario. Visit site -
Caesars Sportsbook
Get up to $1,250 On Caesars!21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IL, IN, IA, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, and WY only. Know When To Stop Before You Start.® Gambling Problem? IL, MD, NJ, OH, PA, TN, VA, WV: Call 1-800-GAMBLER. MA: CALL 1-800-327-5050 or visit gamblinghelplinema.org. NY: Call 877-8-HOPENY or text HOPENY (467369). ©2023, Caesars Entertainment Visit site -
BetRivers Sportsbook
Get a 2nd Chance Bet up to $500!New players only, 21+. Available in AZ, CO, IA, IL, IN, LA, MI, NJ, NY, PA, VA only. In order to participate in this promotion, the player needs to make the first deposit (of at least $10) using code SPORTS. Full T&C apply. Visit site -
FanDuel Sportsbook
Get a No Sweat First Bet up to $2,500!Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). 21+ and present in AZ, CO, CT, IA, IL, IN, KS, LA (permitted parishes only), MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, or WY. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MI, NJ, OH, PA, IL, TN, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV). Visit site -
Golden Nugget Sportsbook
Get a Bonus Bet Up To $250!New players only. Must be 21 or older. To be eligible for this promotion you must be located in State of Michigan. Full T&C apply. Visit site
- Best Michigan Online Sportsbooks
- All Michigan Online Sportsbooks
- Land Based Casino Partners
- Sportsbook Team Partnerships
- Legalization of Sports Betting in Michigan
- Online Gambling in Michigan
- Michigan Sport Teams
- Sports Events in Michigan
- Michigan Online Sports Betting FAQ
- Banking Options
- Sports Betting Guides
- Michigan Online Sports Betting Bill Timeline
- What is Geolocation?
- Are Sports Bettors Taxed?
- Responsible Gaming
- Neighboring States
- Michigan Online Sports Betting Summary
All Michigan Online Sportsbooks
As mentioned, ten bookmakers launched their online betting platforms on January 22nd, and there are a few others that have launched since then. Here is a list of Michigan online sports betting sites that are already operational.
BetMGM
BetMGM opened Michigan’s first retail sportsbook in March 2020. With the launch of the BetMGM Michigan app, the bookmaker has now planted its roots in no fewer than 10 states. Sports bettors who wager with BetMGM get great odds on a huge variety of betting markets.
The site also offers an array of exciting sports promotions and other features. With a BetMGM Sign Up Bonus, if you open a new account and make your first deposit, BetMGM will credit you with an enticing welcome bonus.
PointsBet
PointsBet made a splash in Australia before it successfully expanded into the American sports betting market. Therefore, it’s no surprise we see it in the Michigan sports betting landscape.
PointsBet offers everything you’d expect out of a top-rated sportsbook plus a whole lot more. One of the most unique offerings you’ll find there is a type of wager called “PointsBetting”.
You won’t find it anywhere else in Michigan. You can try their unique PointsBetting feature along with PointsBet Bonus Bet.
WynnBET
WynnBET partnered with Michigan’s Sault Tribe and opened a retail sportsbook in December 2020. This was followed by the recent launch of WynnBET Sportsbook and online casino. You can get competitive odds on a full range of sports betting markets.
New members can simply open a new account, insert the WynnBet Bonus code, make a deposit, and opt-in to the WynnBET sportsbook welcome bonus.
FOX Bet
FOXbet is one of the latest brands to arrive on the American sports betting scene. For those unfamiliar with it, FOXbet is the product of a partnership between online gambling titan The Stars Group and media giant FOX Sports.
Sports bettors in several other states have made FOXbet their bookie of choice and the operator is optimistic that the same will happen in Michigan. FOX Bet Promo Code is offering a welcome bonus to those who open a new account and make their first deposit.
Caesars Sportsbook
Caesars Sportsbook (former William Hill) is one of the oldest and most respected bookmakers on the planet. It is among the best international brands and it has now made its mark in several American states.
Caesars Sportsbook launched its Michigan sports betting app in January 2021 giving it a foothold in 15 states. Caesars Sportsbook offers sharp odds and an excellent selection of regular promotions that let you earn things like bonus bets, odds boosts, and much more.
BetRivers
BetRivers is another brand that is making a name for itself. The bookmaker, which is owned by Rush Street Gaming, opened its retail outlet at Little River Casino & Resort in July 2020. With its online sportsbook in Michigan functioning, BetRivers is now operating in five states.
FanDuel
Like its rival, DraftKings, FanDuel has come a long way since it was merely a daily fantasy site. FanDuel’s expansion into the bookmaking business has been a smashing success as it has set roots in several American states with legalized sports betting.
FanDuel Sportsbook debuted in Michigan when it opened its retail outlet at Motor City Casino in March 2020. With the launch of the online sportsbook, FanDuel now offers its services in ten states and it is poised to enter more of them as the legalization of sports betting expands in the United States.
DraftKings
DraftKings is one of the most well-known brands in the United States. It started as a daily fantasy sports site, but it has become one of the premier bookmakers in the country as it has set up operations in several states with legal sports betting. DraftKings’ partnership with Bay Mills gives them access to the Michigan sports betting community.
Those who wager at DraftKings can enjoy competitive odds, unique features, and plenty of betting markets to choose from.
Barstool
Barstool was one of the first bookmakers to open a retail outlet when Barstool Sportsbook at Greektown Casino opened its doors in March 2020. It was also among the ten bookies to launch an app when mobile betting went live on January 22nd.
Michigan sports bettors who wager at Barstool can participate in an assortment of special offers including boosted odds, cashout, bonus bets, and a yet to be confirmed welcome bonus.
Parx Casino
Parx Casino launched on August 2, 2021.
Parx’s arrival in Michigan marks the third state it resides in as they’ve seen plenty of success in Pennsylvania and New Jersey.
Parx Casino merged with the Gun Lake Casino where they have since opened up a retail sportsbook.
Golden Nugget
Golden Nugget launched in January of 2021. Golden Nugget is only live in four states: Michigan, West Virginia, New Jersey and Virginia.
Golden Nugget merged with the Ojibwa Casino and the Keweenaw Bay Indian Community but they have not yet launched an on-site sportsbook. Instead, bettors can download the Golden Nugget sportsbook app or website to wager on sports.
FireKeepers
The FireKeepers Sportsbook launched online in July of 2021. FireKeepers became the first retail sportsbook to launch in Michigan partnering with the
Nottawaseppi Huron Band of the Potawatomi Indians.Four Winds
Retail books featured at the New Buffalo, Hartford and Dowagiac locations accepted their first in July of 2020. Nearly a year later, the Four Winds online sportsbook app and website on February 15, 2021.
Eagles Casino & Sports
In May 2021, the Saginaw Chippewa Indian Tribe announced their intentions to enter the online sports betting and casino market. However, both the online and sportsbook still have some work to do before it is officially launched. According to the Soaring Eagle’s website, their retail sportsbook is almost here but they have missed their mark of mid-January launch.
Land Based Casino Partners
Casino | Sportsbook |
Bay Mills Resort and Casino | DraftKings |
Little River Casino | BetRivers |
Motor City Casino | FanDuel |
Ojibwa Casino and the Keweenaw Bay Indian Community | Golden Nugget |
Island Resort and Casino | BetAmerica |
Sault Tribe of Chippewa Indians | WynnBET |
Gun Lake Casino | Parx Casino and Sportsbook |
Greektown Casino | Barstool |
MGM Grand Detroit | BetMGM |
Little Traverse Bay Bands of Odawa Indians Gaming Authority | FOX Bet |
Lac Vieux Desert Band of Lake Superior Chippewa Indians | PointsBet |
Grand Traverse Band of Ottawa and Chippewa Indians | Caesars Sportsbook |
Nottawaseppi Huron Band of the Potawatomi Indians | FireKeepers Sportsbook |
Pokagon Band of Potawatomi Indians | Four Winds |
Saginaw Chippewa Indian Tribe | Eagles Casino & Sports |
Sportsbook Team Partnerships
Detroit Lions
In July of 2021, the Detroit Lions reached an agreement with WynnBET as the exclusive sportsbook partner of Motor City’s football team.
The WynnBET Sports Bar at Ford Field opened this past season near section 222. The Lions fans who visit this section have access to betting lines in their sports betting lounge and food and drinks.
Detroit Tigers
In July 2020, the Detroit Tigers agreed with one of the more up-and-coming sportsbooks in the US, PointsBet.
At the time of the agreement, the Tigers were the first MLB team to come to a deal with a US licensed sportsbook.
Detroit Pistons
The official sportsbook partners for the Detroit Pistons are FanDuel and DraftKings Sportsbook. These agreements were finalized in November 2020, after the NBA bubble season.
In addition, WynnBET was recently named another sportsbook partner in March of 2021. WynnBET had an excellent campaign for Piston fans this past year called “Wynn Wednesdays.” On Wednesdays during the Pistons regular season, the sportsbook would feature rotating opportunities to enter and win several prizes, including team and player memorabilia, tickets and VIP experiences.
Detroit Red Wings
In January of 2021, PointsBet came to another agreement with a significant Detroit team: the Red Wings. In addition to being the official gaming partner of Detroit’s hockey team, PointsBet opened up the PointsBet Sports Bar at Little Caesars Arena, where fans can mingle with food and drinks and place some wagers.
Michigan State Spartans
In January 2023, Michigan State athletics completed a partnership with Caesars Sportsbook as the Spartans’ official gaming and sports betting partner. As a part of the agreement, there will be a premium seating area at Michigan State’s football stadium and an outdoor tailgating area for sports bettors and football fans.
Legalization of Sports Betting in Michigan
Soon after the Supreme Court of the United States reversed PASPA, Michigan lawmakers in favor of legalized online betting started putting together the framework. In 2018, a bill to legalize online sports betting was approved by the legislature.
However, outgoing Governor Rick Snyder vetoed the bill. Lawmakers went back to the drawing board and drafted a new bill that included sports betting, online casino gambling, online poker, and fantasy sports. In December 2019, the bill was approved by the legislature and Governor Gretchen Whitmer signed off on it, making Michigan sports betting legal, among other things.
Several Michigan casinos soon opened retail sportsbooks starting with the MGM Grand Detroit and Greektown Casino. There were ten retail sportsbooks in Michigan by the end of 2020. Michigan sportsbooks were permitted to launch their betting apps at noon on January 22, 2021.
Michigan sports betting will continue to evolve as more operators open retail sportsbooks and launch mobile betting apps.
Online Gambling in Michigan
In addition to sports betting, Michigan has also legalized online casino gaming. This means casino buffs in Michigan can legally play their favorite slots, table games, and a variety of other casino games for real money.
Aside from sports betting and online casino games (below), Michigan residents have a number of other online gambling options at their disposal. In particular, fantasy sports and online poker were also legalized along with sports betting and online casino gaming.
Officials are currently working on agreements that would allow Michigan poker players to legally play against players in other states. Of course, many residents have already been betting on horses and participating in lottery games online for a while.
Online Casinos in Michigan
While more online casinos are sure to launch in the near future, here are 10 online casinos that are already open for business.
DraftKings Casino
Michigan is now the seventh state that DraftKings Casino is approved in. DraftKings Casino features a good selection of games from top software providers like NetEnt and IGT.
While the games library won’t sweep you off your feet, you should be able to find more than enough titles to keep you happy. In addition to $10 in bonus credits when you sign up, DraftKings Casino is also offering a welcome bonus package worth up to $1,500.
BetRivers Casino
BetRivers has partnered with some of the world’s biggest software providers like IGT, SG Digital, NetEnt, NextGen, and many more. This means that BetRivers Casino can offer Michigan players a huge variety of games ranging from slots and video poker to progressive games and table games.
New members can claim a 100% casino match deposit welcome bonus up to $250. After that, players can continue to take advantage of a variety of promotions and other perks such as the generous iRush Rewards program.
FanDuel Casino
FanDuel Casino has all your favorite popular slots like 88 Fortunes, Wheel of Fortune Megaways, and Endless Treasure. Those who like playing casino table games have a decent selection of RNG and live dealer titles to choose from too.
Cash in on a huge payday by playing Jackpot games like Monopoly Grand Hotel, Dead or Alive II, and Jackpot Jester 200,000. Of course, you are automatically a winner when you claim the casino welcome bonus and get in on the wonderful promotions.
BetMGM Casino
In terms of American online casinos, BetMGM Casino has a pretty good variety of games including close to 150 slots and a modest array of table games and specialty games. You can win hundreds of thousands of dollars with a single pull on BetMGM’s jackpot slots like MGM Grand Millions, Mango Madness, and Mercy of the Gods.
You’ll also earn M Life Rewards while you play exclusive titles such as Melon Madness Deluxe and Champagne Super Clover. Join now and claim a match deposit bonus up to $1,000 plus an extra $25 on the house.
Golden Nugget Casino
The Golden Nugget brand name is synonymous with casino gaming. To be honest, the site only has about 100 games at the moment, but you can expect that number to grow significantly as it adds more titles.
You’ll find games from NetEnt, NextGen, SHFL, WMS, Bally, and a few others. You can get a 100% match welcome bonus up to $1,000 if you open a new account and make your first deposit. BetMGM also has some great promotions, giveaways, and BetMGM’s Ultimate Rewards program.
WynnBET Casino
In addition to offering a variety of Blackjack, Roulette, and Baccarat games, WynnBET serves up loads of casino poker action. Casino Hold ‘Em, Texas Hold ‘Em Plus, and Let It Ride Bonus are just a few of the card games you can play while you’re on the go.
WynnBET Casino has all of your favorite popular slots like Gonzo’s Quest, Divine Fortune, and Golden Goddess as well as a variety of brand new titles. Sign up now to Get a Casino Deposit Match Bonus 100% up to $1000!.
Stars Casino
Those who are familiar with the brand know that there is a lot more to Stars Casino than just poker. Michigan residents who want to choose from a good selection of real money casino games should check out what Stars Casino has waiting for them.
Stars Casino has loads of games from the world’s best casino software providers, regular promotions, and an instant $50 welcome bonus when you place your first $1 bet.
Parx Casino
The Parx Casino online platform is here. Parx Casino has a large collection of online video slots ranging from classic slots to new multi-reel and multi-payline slots. These slots have some fun features like bonus rounds, bonus spins, and mini-games.
You’ll also find a variety of Blackjack, Roulette, and Baccarat games as well as casino poker, and all the popular video poker titles. Join now and make a deposit using the Parx Casino promo code to Get your first 24 hours of Casino Play Stress Free up to $1,000!.
Michigan Sport Teams
Detroit Lions
Although the Lions have been struggling as a franchise for a more extended period, things seem to be on an upswing.
With a new regime of GM Brad Holmes and head coach Dan Campbell, the Lions appear to be heading in the right direction. The Lions were able to load up on some promising talent in last year’s draft with Penei Sewell, Levi Onwuzurike and Amon-Ra St. Brown. Hopefully, they can find a similar fortune after drafting Aidan Hutchinson and Jameson Williams in the first round.
Detroit Pistons
The Pistons haven’t been the powerhouse they once were in the 1990s and 2000s, but the franchise’s trajectory is positive similar to the Lions.
2021 1st overall pick Cade Cunningham is coming off a strong campaign finished third in the NBA Rookie of the Year voting with Rookie of the Month honors in January. In addition, after March, Cunningham averaged over 21 points per game and was asserting himself.
The Pistons will find themselves in the NBA lottery, but with a young star like Cunningham, other young guns like Saddiq Bey and Marvin Bagley, and Jerami Grant, the Pistons could be in line for a solid jump in 2023-2023.
Detroit Tigers
Like the two former teams, the Tigers are young and full of promise.
Last year, Casey Mize displayed why he was regarded as one of the top prospects in baseball. This year, the Tigers will look to contend in the AL Central with potential young stars Spencer Torkelson and Riley Greene.
As we move to this guard in Detroit, Tigers legend Miguel Cabrera was able to join historical territory: on April 23, in Miggy fashion, Cabrera hit a single to the opposite field marking the 3,000th hit of his illustrious career.
Cabrera is the first player in the MLB to accomplish this feat since Albert Pujols in 2018.
Detroit Red Wings
It’s been a long time since the Red Wings’ ridiculous NHL-leading playoff streak where they made 25 straight appearances between 1990-2016.
The Red Wings have been in rebuild mode as they’ve slowly built the roster back up with some formidable talent. Young talent like Moritz Seider, Dylan Larkin and Lucas Raymond appears to be some pieces that Red Wings legend and GM Steve Yzerman can build around for the future.
Michigan Panthers
Michigan’s newest professional team resides in a new start-up football league, the USFL.
The Panthers are led by former NFL head coach Jeff Fisher where former Michigan QB Shea Patterson and former 1st round pick Paxton Lynch are leading the way.
You can find the Panthers games on FOX.
University of Michigan Wolverines
You’d be hard-pressed to find a team as competitive in both football and basketball as the University of Michigan.
The Wolverines are coming off a strong campaign as John Harbaugh took home his first Big Ten title. In addition, Juwan Howard made Michigan’s 7th sweet 16 in the last nine years. The Wolverines also found much success on the ice as Michigan’s men’s team was the number one overall seed in the NCAA Tournament. They marched to the Frozen Four but fell short of playing for a national title loss to the eventual national champs, Denver, by 3-2.
Michigan State Spartans
The foe of the Wolverines, the Michigan State Spartans, is also coming off a strong campaign in basketball and football. Not only did the Spartans hand Michigan their lone Big Ten loss in football, but head coach Mel Tucker was able to cash in with a 10-year, $95 million extension.
Basketball coach, Tom Izzo, was able to compound another NCAA Tournament to his laundry list of a resume.
Other Colleges in Michigan
Western Michigan Broncos, Eastern Michigan Eagles, Central Michigan Chippewas, Detroit-Mercy Titans, Oakland University Golden Grizzlies
Sports Events in Michigan
Michigan is loaded with fans that enjoy a variety of sports. The Detroit Pistons, Detroit Red Wings, and the Detroit Tigers have all given their supporters reasons to cheer over the past several decades.
Even the Detroit Lions somehow manage to boast a fan base, albeit a sad one. College teams like the Wolverines and Spartans are hugely popular too. Michigan online sports betting sites offer odds on all of these teams and many more.
Then there are those major sporting events that grab national attention. There’s the Super Bowl, NCAA Men’s Basketball Tournament, the US Open, and many other prestigious events that are sure to generate an abundance of sports betting action. Michigan sports bettors are no longer left out in the cold. Not even Lions fans!
Michigan Online Sports Betting FAQ
Explore the FAQ section to learn more about Michigan sports betting.
Banking Options
Deposits and Withdrawals
Depending on the sportsbook, you will have several different options that you can use to deposit money into your account and withdraw your winnings. Let’s review some of the most common methods:
Deposits:
- (ACH) VIP preferred e-Check
- Bank wire transfer
- Cash at the casino cage
- Online banking transfer
- Paper checks
- PayNearMe
- PayPal
- Play+ Prepaid Cards
- Skrill
- Visa/MasterCard credit and debit cards
Withdrawals:
- ACH e-check
- Cash at the casino cage
- Check by mail
- PayPal
- Prepaid card
- Skrill
Sports Betting Guides
The sports betting market completely changed in 2018 in America when the Professional and Amateur Sports Protection Act was reversed by the Supreme Court. This act outlawed sports betting as a nationwide affair as states could legalize it independently.
Michigan was one of the first states to follow suit, legalizing sports betting in December of 2019.
For new bettors, sports betting can be overwhelming. There are a lot of different sports to pick from, the markets are vast, and there’s so much content regarding sports betting. It can be a lot for a new user.
We have you covered; below, we’ll go over the basics for rookie bettors.
Moneyline
A moneyline bet is as straightforward as it gets. Whenever you wager on a moneyline, you are simply wagering on who you think will win the game.
You do not have to worry about any other variables such as margin of victory, or if it is high scoring or low scoring.
Point-Spread Betting
While the moneyline bet is simple, the point-spread bet is the most popular.
The point-spread bet does not necessarily deal with a win or loss at the end of the game. Simply put, point spreads are the expected final score difference made by sportsbooks. You can either “lay” points or “points.”
For example, the Detroit Lions are taking on the Green Bay Packers at Ford Field and are 6.5 point underdogs. If you felt good about the Lions prospects, you could “take” the points with the underdog Lions. This means if the Lions lose by 6 or less or win outright, you would win your spread. If the Packers were to win by 7 or more points, you would have a losing wager.
Parlays
Parlays have grown considerably in popularity. While single bets are fun to make, parlays can grow your payouts exponentially.
Parlays are the combination of single bets under one betslip. If every one of your single bets hits then your parlay would be a winning wager. However, if any single bet falters, your parlay would be a loser.
Michigan Online Sports Betting Bill Timeline
In December of 2019, the state of Michigan legalized sports betting along with online poker and casino. Below, we will review the timeline of the sports betting bill along with some of its most significant provisions:
- Betting on horse racing has been legal in Michigan dating back to 1933
- Michigan launched the state lottery in 1972
- Michigan approved Proposal E, which authorizes the construction and launch of three brick and mortar casinos in Detroit in 1996
- Three casinos officially launched in 1997
- Michigan’s iLottery officially launched in November 2014. This allowed players to buy tickets from a computer or mobile device
- Michigan legislature passed a bill legalizing online gambling in December 2018. However, Michigan Gov. Rick Snyder vetoes it
- Michigan lawmakers passed a series of bills which legalized online gambling, sports betting, DFS and online poker. Michigan Gov. Gretchen Whitmer signed the bills. In addition, existing tribal and commercial casinos were permitted to apply for sports betting and online gambling licenses
- First retail sportsbook launches in March 2020
- First tribal retail sportsbook launches in June 2020
What is Geolocation?
Sports bettors and casino/poker players should be familiar with “Geolocating.” Geolocation is a software sportsbooks use to make sure you are physically within the confines of the state. This helps verify that you are in a location where it is legal to place a bet.
Because of Geolocation, users will be unable to use a sportsbook on a VPN. As long as you are within the state borders of Michigan, customers should have no problem wagering away.
Are Sports Bettors Taxed?
In short, yes. Uncle Sam will demand a cut whether you bet $1 or $1,000.
Sports betting winnings are taxed just like your regular income – individuals who make between $20,000 and $40,000 per year would find themselves in the 12% federal tax rate. In addition, the state of Michigan has a 4.25% tax rate that everybody must adhere to. But only your winnings are taxed!
So, for example, if you placed a $50 bet and won $25, only your $25 winnings would be taxable.
Unless you achieved a “big win,” you would not have to pay these taxes until the upcoming year of taxes. So, what constitutes a “big win?” A big win is anything more than $5,000 or at least 300 times larger than your initial wager. If you achieve either of these, gambling operators must withhold 24% of your winnings for federal tax. For all other smaller wins, no tax is taken out right away in most cases.
Responsible Gaming
As gambling continues to rise, bettors must learn the importance of responsible gaming. Responsible gaming programs are intended to reduce and ultimately prevent the potential harms of gambling for its users.
There have been many benefits to the online legalization of sports betting. But with that have come some risks that bettors must be aware of. It is easier now than ever to place your bets instantaneously. It is paramount that users understand sports betting as entertainment, not another stream of income.
To help implement this practice, whichever you choose to play on will have responsible gaming tools that you can utilize. Let’s review some of these features:
Time and Wager Limits
These are pretty self-explanatory. Users can set limits on how much time they can operate the app. In addition, they can set wager limits on a single bet basis and a daily, weekly or monthly wager limit. Once you have reached your limit, your sportsbook will notify you that you have reached your limit.
Cool-off Periods
Sometimes, it is important to ground yourself and step away from sports gambling. When this happens, bettors should take advantage of cool-off periods. During cool-off periods, bettors are temporarily suspended from their sports betting accounts for a short period. Users should be able to withdraw their money but will not be able to deposit any cash or place any wagers.
Self-Exclusion Periods
Self-exclusion periods are more severe cases of cool-off periods. A self-exclusion period is when the user requests that an online sportsbook prevents you from accessing gambling services. In this case, you will not be able to access your account or wagers until the exclusion period has run its course.
Neighboring States
Illinois
Illinois legalized sports betting in June of 2019. However, the situation is a little bit different in the Prairie State.
Illinois was one of the few states where users were required to register on-site at a casino to verify their identity and age. As of January 2023, this is no longer the case, as users can create an account online.
However, users are not permitted to gamble on college sports in Illinois.
Wisconsin
This past year, Wisconsin has slowly made its first steps into sports betting. In November 2021, the Oneida Casino became the first casino in the state to start accepting sports wagers.
On-site sports betting is officially legal in Wisconsin, but there are still some hurdles to legalizing online sports betting in Wisconsin. But this is an excellent step in the right direction toward legalizing online sports betting.
Ohio
Ohio has legalized online sports betting and plans to launch online sportsbooks in January of 2024.
The battle toward legalizing sports betting has been slow and grueling for Ohioans, but the wait should be overcome by 2024.
This is a big step as any sports betting has not yet been legalized in Ohio.
Indiana
On May 8, 2019, Indiana Gov. Eric Holcomb signed HB 1015. At the time, the bill made Indiana the ninth state to legalize sports betting since the Supreme Court struck down PASPA in 2018. The first sportsbook was then launched in September 2019, and sportsbooks have been flooding in the Hoosier state ever since.
Minnesota
The only legal form of sports betting in Minnesota is horse betting.
Lawmakers have expressed a desire for legal sports betting since PASPA was overturned in 2018, but no legislation has been passed.
Despite recent efforts made by legislators since 2019, Native tribes are concerned that a legal MN sports betting market could have negative consequences on the state’s gaming industry. This may no longer be the case in 2023 as legislators are working with The Minnesota Indian Gaming Association to potentially bring sports betting to the Land of 10,000 Lakes.
As of April 28, a Minnesota sports betting bill, HF 778, passed through another House committee. The next step means the bill will be presented on the House floor. No other action has been scheduled at this time.
Michigan Online Sports Betting Summary
Plenty of sports fans in Michigan have waited a long time for legalized sports betting. The wait is over. The Wolverine state already has a solid selection of reputable sport at their fingertips and there are more to come.
Michigan sports betting sites offer competitive odds, a plethora of betting options, and lots of bonuses and promotions.
By downloading your favorite bookmaker’s app, you have the freedom to check odds, place bets, and cash out your winnings no matter where you are in the state. Just remember to bet responsibly and have fun.