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Julian Edlow gives his top studs and value plays at each position for Tuesday's three-game late Madden Stream slate on DraftKings, which starts at 6:00 p.m. Julian Edlow gives his top studs and value plays at each position for Tuesday's three-game Read More. Play+ is the smarter way to access your money before you start to play. Just load your Play+ account with a bank card or checking account. No more looking for ATMs or carrying cash.

Draftkings Prepaid Card

After a long wait, many Michigan online sportsbooks and online casinos finally go live today.

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.

New User Bonus. T&Cs Apply.
Up to $1,000 Deposit Bonus

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.

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)

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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:

  • 2021 NCAA College Football Champion
  • 2021 World Series Champion
  • 2021 NBA Finals Champion
  • 2021 Stanley Cup Champion

DraftKings Sportsbook just made New Jersey sports betting even easier by making its list of deposit methods longer. Now players can place bets using a Play+ Prepaid account.

Play+ has proven to be a popular payment method for many, since it conveniently combines an e-wallet with a prepaid debit card. Play+ Prepaid accounts can be funded via Visa, MasterCard, Discover card and checking accounts.

The prepaid debit card elements comes from the fact that added funds seamlessly proceed to the player’s account. But just like an electronic wallet, similar to Neteller, online DraftKings funds can be withdrawn directly into a Play+ Prepaid account.

This allows for more accessible funding and bigger flexibility in moving funds around from one account to the other.

DraftKings Sportsbook Making Gains With Deposits

Draftkings Play Plus

Expanding the DraftKings Sportsbook player pool took some time. Before the brand added PayPal to its list of payment options in September, withdrawing and depositing funds to and from a DraftKings account was a process that needed improvement.

Players could only pay via Visa, MasterCard and a bank transfer. Furthermore, ever since the UIGEA passed, most credit card companies decided to stay clear of any gambling transactions, given the unstable financial atmosphere in the US, that’s no surprise either.

So when facing the slow and difficult procedure of bank and debit card transfers, DraftKings Sportsbook users were understandably excited when PayPal became an approved deposit method back in September.

In the same way, Play+ Prepaid is another faster and more adaptable option welcomed by New Jersey sports bettors.

DraftKings Sportsbook The Leader In New Jersey Sports Betting

Ever since the New Jersey sports betting market opened its doors, there hasn’t been a week when DraftKings Sportsbook did not dominate the scene. Limited selection of deposit methods or not, it’s been undoubtedly leading the industry in the state.

DraftKings Sportsbook revenue numbers have turned a lot of heads, given the fact that the DraftKings mobile app is turning in three times as much monthly profits as the market’s second-best. As much as competitors might say that the brand’s success is due to its de facto monopoly back when the market set off, it’s hard to ignore the effort put in by the DraftKings Sportsbook management to keep the design and functionality of the app innovative and adaptable.

It’s evident that DraftKings do not want to ride in the back seat in any aspect of the industry. A frequent update of payment options, now marked by adding Play+ Prepaid to the list, is another example of that.