FanDuel Sportsbook Offers Exclusive Promo for Michigan vs Michigan State
- In-state rivals Michigan and Michigan State will both put their unbeaten records on the line this Saturday (Oct. 30)
- FanDuel has a promo offer for new customers who register before kickoff (12:00 pm ET)
- See the details along with the terms and conditions, below
This Saturday is a huge day for football in the state of Michigan. For the first time since 1964, the #6 Michigan Wolverines and #8 Michigan State Spartans will enter their annual rivalry game as top-ten teams.
To mark the occasion, FanDuel has a special offer for new customers: bet $1 on either team to win and get $150 if they come through.
FanDuel’s Michigan vs Michigan State Promo T&Cs
This promotional offer is subject to the following terms and conditions:
- The offer is only open to new customers making a first-time deposit.
- The minimum deposit is $10.
- Each new customer’s first real-money wager after depositing must be a $1 moneyline wager on either Michigan or Michigan State (the “qualifying wager”).
- The qualifying wager must be made before kickoff (12:00 pm ET, October 26th).
- The qualifying wager may not be cashed out. If it is cashed out, the customer will no longer be eligible for this promotion.
- This offer cannot be combined with FanDuel’s $1,000 risk-free bet sign-up offer or any other sign-up offer available at the time of registration.
- This offer is only available to customers in the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia
- Customers must be at least 21 years of age at the time of registration.
- If the customer’s team wins the game, they will receive the $150 “site credit”. Site credit acts like cash, but must be wagered at the sportsbook before it can be withdrawn.
How to Use This Promo Offer
Whether you are a Wolverine or a Spartan at heart, the best way to use this promotion is to bet the $1 qualifying wager on the Michigan Wolverines, who are 4.5-point favorites and -210 on the moneyline.
Michigan vs Michigan State Odds
| Team | Moneyline | Spread | Total |
|---|---|---|---|
| Michigan Wolverines | -210 | -4.5 (-106) | O 50.5 (-118) |
| Michigan State Spartans | +168 | +4.5 (-114) | U 50.5 (-104) |
Odds as of Oct. 26th at FanDuel.
If customers bet $1 on Michigan at +15000 odds, they can hedge effectively by betting on Michigan State to either win outright or cover the 4.5-point spread (whichever they believe is more likely).
The final column in the table below shows how much profit customers would make if they bet $1 on Michigan and then hedge varying amounts on Michigan State.
| Wager 1 | Wager 2 | Profit If MICH Wins and Covers | Profit If MICH Wins and MSU Covers | Profit If MSU Wins |
|---|---|---|---|---|
| $1 on MICH (+15000) | $25 on MSU (+168) | $125 | $125 | $41 |
| $1 on MICH (+15000) | $50 on MSU (+168) | $100 | $100 | $83 |
| $1 on MICH (+15000) | $150 on MSU (+168) | $0 | $0 | $251 |
| $1 on MICH (+15000) | $50 on MSU +4.5 (-114) | $100 | $194 | $43 |
| $1 on MICH (+15000) | $100 on MSU +4.5 (-114) | $50 | $238 | $87 |
| $1 on MICH (+15000) | $150 on MSU +4.5 (-114) | $0 | $282 | $131 |
The biggest potential profit with zero risk involves hedging with a $150 wager on MSU to win at +168. If MSU pulls the upset, you will end the day with a $251 profit. If the Wolverines win, you will come out even.
Note that you would have to deposit at least $151 to make the two wagers, and the first wager must be $1 on Michigan.
If you want to come out of the game with the maximum guaranteed profit, hedge with a $56.34 bet on the Spartans moneyline at +168. If the Wolverines win, you will end up with a $93.66 gain. If the Spartans win, you will end up with a $93.65 gain.
Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has been with SBD since 2014. He specializes in football, basketball, politics, baseball, and hockey.
