Week 2 Betting Guide
Sportsbooks expand college football Week 2 betting offers alongside major marquee matchups.
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Key Points
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Michigan enters the Oklahoma matchup after a surprisingly narrow Week 1 victory over Western Michigan; the Wolverines were four-score favorites but needed a last-gasp touchdown to win, adding pressure to Saturday’s game.
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BetMGM’s $1,500 first-bet promotion has different mechanics depending on the state: in most eligible states, a losing first wager is returned as bonus bets, while Colorado, Michigan, New Jersey, Pennsylvania and West Virginia instead offer $150 in bonus bets if a $10 first wager wins. The larger offer may be issued as five bonus bets when the initial wager exceeds $50.
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Kalshi’s featured offer is a “Trade $25, Get $35” bonus for eligible new users using the COVERS35 code. The promotion is unavailable in Nevada and Washington, requires users to be physically located in an eligible state, and requires identity verification with a government-issued ID or passport and a selfie.
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Fanatics Sportsbook is promoting a Week 2 offer in which new users bet $20 and receive $350 in FanCash; the cited promotion instructs users to register with the code NYPOST350 and opt in before wagering.
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The bet365 $365 promotion requires qualifying bets totaling at least $10 that settle within 30 days of claiming the offer, with each bet containing at least one selection at odds of minus 500 or longer; the resulting bonus bets are nonwithdrawable but can be used across most betting markets.
College football's biggest Week 2 matchups are drawing aggressive betting promotions across major sportsbooks. CBS Sports reports that No. 1 Ohio State's visit to No. 4 Texas and Oklahoma's trip to Ann Arbor to face Michigan are headlining the week, with operators offering 30% to 100% profit boosts on eligible wagers. BetMGM, bet365, Fanatics, and others are competing for new customers with first-bet bonuses ranging from $150 to $1,500 depending on the state and outcome.
Prediction-market platforms like Kalshi and Polymarket are also promoting deposit incentives tied to the games. All offers require users to be at least 21, located in an eligible state, and subject to wagering requirements and responsible-gambling terms that vary by jurisdiction.
Michigan Faces Pressure After Narrow Week 1 Win
The Wolverines enter Saturday's Oklahoma game under unexpected scrutiny. MLive reports that Michigan barely escaped its Week 1 matchup against Western Michigan, winning as a four-score favorite only after a last-gasp touchdown. The narrow victory intensifies focus on their Saturday performance against a competitive Oklahoma team projected to move the ball effectively.
BetMGM's Bonus Structure Shifts by State
BetMGM is running different promotions depending on where you live. WTOP News explains that most eligible states offer $1,500 in bonus bets if your first qualifying wager loses. But Colorado, Michigan, New Jersey, Pennsylvania, and West Virginia play by different rules: a $10 first bet that wins gets you $150 in bonus bets. If your initial wager exceeds $50, the larger bonuses arrive as five separate bonus bets.
bet365 and Fanatics Launch Week 2 New-Customer Offers
bet365 is promoting $365 in bonus bets for eligible new users after qualifying wagers totaling at least $10 settle within 30 days. CBS Sports notes that each bet must contain at least one selection at odds of minus 500 or longer. The resulting bonus bets are nonwithdrawable but usable across most betting markets.
Fanatics Sportsbook is running a separate Week 2 promotion where new users can bet $20 and receive $350 in FanCash. Bookies.com details that the offer requires registration with code NYPOST350 and opt-in before placing your first wager. The incentive aims to capture viewers of the major Saturday games.
Prediction Markets Compete With Trading Incentives
Prediction platforms are taking a different approach than sportsbooks. Kalshi is offering new users a "Trade $25, Get $35" bonus using code COVERS35. Bookies.com notes the promotion is unavailable in Nevada and Washington and requires users to be physically located in an eligible state with government-issued ID verification and a selfie. Unlike sportsbook bonuses tied to wager outcomes, prediction-market incentives reward account funding and qualifying trades, though users still face contract risk and liquidity limits.
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