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In time for Week 1 of the NFL season, Michigan sports bettors have the opportunity to utilize a fresh BetMGM MI bonus code, granting them a risk-free bet of up to $1,000.
New customers at BetMGM Michigan Sportsbook can avail the promotional offer by using the bonus code “PLAYBONUS”.
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In order to avail this opportunity, simply click on the “Play Now” button above and proceed to register at BetMGM Michigan Sportsbook using the bonus code “PLAYBONUS”. After registering, make your initial deposit and place your first bet of a minimum of $10.
In the event of a winning bet, the proceeds will be credited to your account. However, if the bet turns out to be a loss, your account will be reimbursed with free bets.
If your bet amount is $50 or lower, you will receive a single free bet. However, if your bet exceeds $50, you will be credited with five free bets, each valued at 20% of your original bet. For instance, if your initial bet is $100 and it results in a loss, you will receive five $20 bets.
Withdrawal of free bets is not permitted; they must be utilized within a span of seven days.
Once you have clicked on the link above, proceed to click on the register button located on the BetMGM homepage. Then, follow the provided steps.
That concludes the process. You are now prepared to deposit funds and begin placing bets.
In Michigan, sports betting revolves around football, with a particular focus on the NFL. The benefits of using the BetMGM MI bonus code are especially advantageous during Week 1.
When it comes to betting on the NFL, the level of simplicity or complexity is entirely up to you. Now, let’s explore some of the commonly favored and uncomplicated bets that you can opt for.
When placing a moneyline bet, you simply choose the team you believe will win the game based on the provided odds. Let’s take the opening game between the Detroit Lions and the Philadelphia Eagles as an example. The Lions are considered the underdog in this match-up. If you decide to bet on the Lions and they emerge victorious, you would receive a payout of $265 for every $100 wagered. This consists of your initial $100 bet and an additional $165 in winnings.
If you’re not confident about betting on the Lions, we understand. Opting for the Eagles to win carries lower risk but also lower reward, given their -200 favorite status. Placing a $100 wager on the Eagles would yield $150 in total ($50 in winnings along with your initial $100 bet).
Spread betting is a relatively simple concept. In this scenario, the Lions are considered the underdogs by 4 points. If you choose to bet on the Lions +4, they would need to either win the game or lose by less than four points for you to win your bet. On the other hand, selecting the Eagles against the spread would necessitate an Eagles’ victory by more than four points.
These wagers usually have almost equal chances, resulting in a potential return of approximately twice the amount you initially bet. The same principle applies to betting on point totals, commonly referred to as over/unders. To clarify, if you believe the two teams will score a combined total of more than 48.5 points, you should place a bet on the over. Conversely, if you anticipate the total score to be lower than that, you should bet on the under.
