Michigan Sports Betting Michigan online sports betting launch dates, bonus offers and free bets Michigan sports betting is live! Betting on sports became legal in the Great Lakes State in 2019, and the first retail sportsbooks opened their doors in March 2020. Michigan online sports betting and online casinos are now live as of Jan. Sports betting is available in Pennsylvania and at Parx Casino®. You can expect all your favorite ways to sports bet, including: spread, moneyline, over/unders, props, parlays, and teasers. All your favorite sports.
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STRAIGHT BET: A single wager on an individual game or event that will be determined by a point spread, Money Line or total.
PARLAY: Jackpot free spins. A single wager that involves multiple bets or legs on two or more teams or individuals, in which all must win to have a winning ticket. Parlay wagers offer higher payouts than straight bets.
FUTURES: A wager placed on an event taking place in the future. The most commonly bet future wager is to win the Pro Football, Pro Basketball or Pro Baseball Championship.
PROPOSITIONS: Proposition bets, or prop bets, are wagers placed on the outcome of events within a game. Example: Which team will score first: Team A or B.
TEASER: A teaser bet is a football or basketball bet that allows a bettor to “buy” points for a more favorable point spread. In football a bettor may adjust the point spread by 6, 6.5, 7, 7.5 or 10 points. In basketball a bettor may adjust the point spread 5, 5.5 and 6 points.
ROUND ROBIN: Allows bettors to make multiple parlay wagers at once. For example, a 3-team round robin consists of 4 total bets - three 2-team parlays (Team A+B, Team A+C, Team B+C) and one 3-team parlay (Team A+ Team B+ Team C).
POINT SPREAD: The projected margin of points that the favored team must win by. This is sometimes referred to as the “Line” or “Betting Line.”
Example: Cowboys -7 vs. Eagles.
MONEY LINE: Odds for a team or individual athlete to win outright, regardless of the point spread.
Example: A -160 money line means that a Bettor must bet $160 to win $100. A +120 Money Line means that a $100 bet will win $120.
PARLAY: Jackpot free spins. A single wager that involves multiple bets or legs on two or more teams or individuals, in which all must win to have a winning ticket. Parlay wagers offer higher payouts than straight bets.
FUTURES: A wager placed on an event taking place in the future. The most commonly bet future wager is to win the Pro Football, Pro Basketball or Pro Baseball Championship.
PROPOSITIONS: Proposition bets, or prop bets, are wagers placed on the outcome of events within a game. Example: Which team will score first: Team A or B.
TEASER: A teaser bet is a football or basketball bet that allows a bettor to “buy” points for a more favorable point spread. In football a bettor may adjust the point spread by 6, 6.5, 7, 7.5 or 10 points. In basketball a bettor may adjust the point spread 5, 5.5 and 6 points.
ROUND ROBIN: Allows bettors to make multiple parlay wagers at once. For example, a 3-team round robin consists of 4 total bets - three 2-team parlays (Team A+B, Team A+C, Team B+C) and one 3-team parlay (Team A+ Team B+ Team C).
POINT SPREAD: The projected margin of points that the favored team must win by. This is sometimes referred to as the “Line” or “Betting Line.”
Example: Cowboys -7 vs. Eagles.
MONEY LINE: Odds for a team or individual athlete to win outright, regardless of the point spread.
Example: A -160 money line means that a Bettor must bet $160 to win $100. A +120 Money Line means that a $100 bet will win $120.
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STRAIGHT BET: A single wager on an individual game or event that will be determined by a point spread, Money Line or total.
PARLAY: A single wager that involves multiple bets or legs on two or more teams or individuals, in which all must win to have a winning ticket. Parlay wagers offer higher payouts than straight bets.
FUTURES: A wager placed on an event taking place in the future. The most commonly bet future wager is to win the Pro Football, Pro Basketball or Pro Baseball Championship.
PROPOSITIONS: Proposition bets, or prop bets, are wagers placed on the outcome of events within a game. Example: Which team will score first: Team A or B.
TEASER: A teaser bet is a football or basketball bet that allows a bettor to “buy” points for a more favorable point spread. In football a bettor may adjust the point spread by 6, 6.5, 7, 7.5 or 10 points. In basketball a bettor may adjust the point spread 5, 5.5 and 6 points.
ROUND ROBIN: Allows bettors to make multiple parlay wagers at once. For example, a 3-team round robin consists of 4 total bets - three 2-team parlays (Team A+B, Team A+C, Team B+C) and one 3-team parlay (Team A+ Team B+ Team C).
POINT SPREAD: The projected margin of points that the favored team must win by. This is sometimes referred to as the “Line” or “Betting Line.”
Example: Cowboys -7 vs. Eagles.
MONEY LINE: Odds for a team or individual athlete to win outright, regardless of the point spread.
Example: A -160 money line means that a Bettor must bet $160 to win $100. A +120 Money Line means that a $100 bet will win $120.
PARLAY: A single wager that involves multiple bets or legs on two or more teams or individuals, in which all must win to have a winning ticket. Parlay wagers offer higher payouts than straight bets.
FUTURES: A wager placed on an event taking place in the future. The most commonly bet future wager is to win the Pro Football, Pro Basketball or Pro Baseball Championship.
PROPOSITIONS: Proposition bets, or prop bets, are wagers placed on the outcome of events within a game. Example: Which team will score first: Team A or B.
TEASER: A teaser bet is a football or basketball bet that allows a bettor to “buy” points for a more favorable point spread. In football a bettor may adjust the point spread by 6, 6.5, 7, 7.5 or 10 points. In basketball a bettor may adjust the point spread 5, 5.5 and 6 points.
ROUND ROBIN: Allows bettors to make multiple parlay wagers at once. For example, a 3-team round robin consists of 4 total bets - three 2-team parlays (Team A+B, Team A+C, Team B+C) and one 3-team parlay (Team A+ Team B+ Team C).
POINT SPREAD: The projected margin of points that the favored team must win by. This is sometimes referred to as the “Line” or “Betting Line.”
Example: Cowboys -7 vs. Eagles.
MONEY LINE: Odds for a team or individual athlete to win outright, regardless of the point spread.
Example: A -160 money line means that a Bettor must bet $160 to win $100. A +120 Money Line means that a $100 bet will win $120.