Fanduel Casino Michigan Features Risk-Free Day for New Customers
June 25, 2022
Fanduel continues its quest to be the best online gambling operator in the U.S. They are doing that by making sure they are offering a nice variety of bonus promotions for both sports bettors and casino players. Of course, the operator is doing all they can to draw new casino players in Michigan, which means they have posted a welcome offer that looks to be very competitive within the Michigan online casino community. Here are the current terms and conditions related to the Fanduel Casino promo.
The current Fanduel Casino welcome bonus offer was first introduced in February of 2022. It is scheduled to remain intact until August 31, 2022. This bonus is tied to each new customer's first day of action. After they place their first real cash casino wager on any available game, a 24-hour clock will start clicking. If they have "net losses" during the first 24 hours, they will be entitled to a 100% rebate on their net losses. The minimum amount to be reimbursed will be $5 with the maximum going all the way up to $1,000.
Bonus recipients can expect to get their rebates in the form of casino credits within 72 hours of that first day of casino play. Once recipients get their rebate monies, they will have seven (7) days to wager their casino credits 1x to fulfill the rollover requirement. Failure to abide by this deadline will result in forfeiture of the full bonus and any associated winnings. After meeting this wagering requirement, new customers will have the chance to withdraw any or all of their net winnings.
When receiving the bonus, new customers can expect any bonus award over $600 to be reported to the IRS. They will be responsible for claiming that amount on their 2022 tax return.
Other Terms and Conditions
1. Fanduel will act as the sponsor of this offer. They are restricting access to this welcome bonus to Michigan residents who have successfully completed the Fanduel registration process.
2. During registration, Michigan casino players will need to provide proof that they reside in Michigan and meet the minimum online gambling age of 21 years old.
3. By law, Michigan online gamblers must restrict their online gambling activities to the wagers they make while in-state. To ensure compliance, Fanduel is required by law to track all customer locations via the use of the latest in geo-tracking technology.