Michigan sportsbooks recorded $391.1M in wagers in February 2026, generating $26.0M in revenue with a 6.64% hold.

March Madness is heating up on the court, and millions of people will be taking their shot at filling out a perfect bracket.

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Use BetMGM bonus code COVERS for $1,500 First Bet on Miami (OH) vs SMU Wednesday. Get bonus bets back if your first wager loses on this First Four clash.

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Michigan has the second-best odds to cut down the nets next month, behind only Duke. Michigan State has 10th-best.

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