Michigan Bettor Cashes In On DraftKings Free $1 Million Wager

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Written By Drew Ellis on February 17, 2022Last Updated on February 18, 2022
DraftKings Sportsbook Promo Michigan October 2021

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On Super Bowl Sunday, a common inquiry that crossed our minds was, “How would I utilize DraftKings’ $1 million free bet for my wager?”

A sports bettor hailing from Michigan transformed a simple question into a staggering $1.5 million in winnings.

While some people may have chosen to play it safe by placing a bet with low chances of winning, this individual from Michigan decided to take a risk and gamble.

How a free bet led to $1.5 million

DraftKings Sportsbook had a tempting offer for Super Bowl Sunday: $10 million worth of free bets up for grabs in their promotions.

Among the free bets, there were five wagers of $1 million each.

To participate, all one needed to do was sign on and opt in for the giveaway. Users were informed about winning a free bet and the amount before the start of Super Bowl LVI. The free bet had to be utilized specifically for the game.

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An undisclosed individual hailing from Michigan seized the opportunity to utilize his $1 million free bet by placing it on the Los Angeles Rams moneyline. Despite being the favored team at the start of the game, the fortunate winner decided to make a live bet when the Rams were facing a +150 odds and falling behind the Cincinnati Bengals in the second half.

This Michigan resident’s fortune grew by $1.5 million thanks to Los Angeles’ stunning fourth-quarter comeback, resulting in a 23-20 victory.

On its Twitter account, DraftKings Sportsbook shared a photo of the Monday’s winner. DK verified through email that the fortunate millionaire hails from Michigan.

Super Bowl LVI breaks records

According to multiple sportsbooks, Super Bowl LVI has been reported as the most wagered event in history, although Michigan does not maintain precise records for individual betting figures.

According to PlayUSA’s projections, it was anticipated that Michigan alone would contribute $45 million in legal wagers for the game, while the national total handle was estimated to exceed $1 billion.

Despite DraftKings suffering a loss of $1.5 million on a free bet, sportsbooks had a highly profitable Sunday evening. The majority of bets placed in the state were for the Rams with a -4.5 point spread and an Over 48.5 point total.

Across the country, the majority of moneyline wagers placed at DraftKings were on the Bengals, making up 62% of these bets.

$500,000 wager at BetMGM

There was more than just DraftKings in Michigan’s sportsbook scene, accepting a significant bet on Sunday night.

Before the start of the game at BetMGM Michigan, a different sports bettor from Michigan placed a bet worth $500,000 on the Rams moneyline.

Despite facing odds of -200, the bettor managed to secure a remarkable $250,000 in addition to his initial wager.

BetMGM received two $1 million bets on a national scale. The first bet was placed on the Rams to win by at least 0.5 points in the first quarter, with odds of +105. The second bet was on the Rams to lead by at least 2.5 points at the end of the first half, with odds of -120.

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