Legal Tennessee Online Sports Betting in July 2021

Sports fans rejoice: Tennessee sports betting market is ramping up. DraftKings, FanDuel, BetMGM and Action247 were the first sportsbook operators to open, and other Tennessee online sports betting sites have since followed. What can you expect from Tennessee sportsbooks in 2021? We'll break down all the information you need to know in this extensive review.

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Tennessee Online Sports Betting

sports betting legal in Tennessee

Tennessee became another state to US sports betting – but will excessive regulations sink their market? Tennessee Lottery betting rules opened online sports betting on Nov 1.

On April 30, 2019, online sports betting became legal in Tennessee, as Gov. Bill Lee chose not to block the state legislation. On paper, it seemed to be one of the most progressive betting laws. At the time, Tennesseans praised the Volunteer State law for avoiding the protectionist model other states were adopting. In short, Tennessee was the first state that does NOT require betting operators to partner with a land based casino or retail sportsbooks. However, in the months since legalization, new rules have drawn the ire of Tennessee bettors.

Tennessee Sports Betting Sites 2021

Tennessee Education Lottery Corporation finally launched legal sports betting in Tennessee on November 1st 2020. Four TN sports betting operators launched online sportsbooks the opening weekend. Given the size and market potential of legalized sports betting in Tennessee, it attracted the biggest players in the sports betting industry, and more are on their way. The Tennessee sportsbooks have up to $1,000 online gambling bonus offers for new players.

  • Action 24/7 – $400 bonus
  • BetMGM Sportsbook – $600 risk free bet, available for new players
  • DraftKings Sportsbook – $1,000 bonus
  • FanDuel Sportsbook – $1,000 risk free bet on deposit
  • TwinSpires Sportsbook – $1,000 risk free bet on deposit
  • William Hill – $500 risk free bet
  • WynnBET – $500 risk free bet

1. Tennessee Action 24/7

Tennessee Action 24/7 or Action247 is an exclusive Tennessee sports betting operator. They try to compete with the leaders of the sports betting industry with their locality and their great ongoing promotions. Available on desktop, Android & iOS.

2. BetMGM Sportsbook

The iconic Las Vegas mainstay BetMGM became the first online sportsbook to open an TN sports betting app. They offer new players to bet $600 risk free in the Volunteer State with code BONUSMGM.

3. DraftKings Sportsbook TN

DFS industry leader DraftKings Sportsbook is the most widely distributed online sports betting brand in the United States. Their daily fantasy sports site was already available in the state, and their online sportsbook launched in Tennessee as soon as sports wagering arrived. For the Olympics in Tokyo, they’ve established an Olympics Special Bet bonus: bet at least $1 on the Games and you can win free bets if the U.S.A wins a medal.

DraftKings TN bonus

DraftKings has a 20% up to $1,000 deposit match welcome bonus package for a new sports bettor in the Volunteer State.

4. FanDuel Sportsbook

FanDuel already had daily fantasy sports in the state of Tennessee, and they were quick to hop on the sports betting site bandwagon. You can get a deposit match first bet risk free up to $1,000 at FanDuel Tennessee.

5. TwinSpires Sportsbook

TwinSpires Sportsbook by Churchill Downs is a newer Tennessee sportsbook operator, and they have recently expanded in to multiple sports betting states. They have a great selection of markets to bet on sports, and new user bonus of risk free bet up to $1,000 with offer code BET1000. The platform is available for desktop, iOS, & Android.

6. William Hill Sportsbook

William Hill is an international giant with almost limitless resources. They have recently launched in Tennessee, due to the low competition rate in the state. William Hill gives a $500 risk free bet when you first sign up for the sportsbook on your smartphone.

7. WynnBET Sportsbook

WynnBET Tennessee is another newer TN sports betting license holder. Wynn Resorts have an established presence in the US sportsbook app market, and were an expected addition with their gambling apps. The WynnBET app also gives a $500 risk free first bet bonus to a new sports bettor.

Tennessee Sports Betting Apps

Currently in July 2021, there are seven legal Tennessee betting apps. However, as mobile sports betting in Tennessee is now legal, there’s a good chance more major sportsbook apps will open up. You can download the most of the gambling apps from the App Store or Google Play Store, and the mobile apps should work similarly to the desktop computer versions.

TN Sportsbook Mobile Sportsbook App Software
Action247 Yes iOS / Android
BetMGM Yes iOS / Android
DraftKings Yes iOS / Android
FanDuel Yes iOS / Android
TwinSpires Yes iOS / Android
William Hill Yes iOS / Android
WynnBET Yes iOS / Android
Action247 Tennessee

Action247 is a local sportsbook.

Tennessee Sports Betting Bonuses

With a state population of seven million, Tennessee has the potential to be a decent sports betting app market. The lack of a sponsoring requirement means that, effectively, there’s no limit to the number of sports betting licenses the Tennessee State Lottery can issue.

Assuming it can work out its regulation issues, Tennessee will be a highly competitive sports betting market. To attract Tennesseans, providers offer customers a variety of welcome promotions. When you are claiming your real money betting welcome bonus, remember to check if the casino requires any promo codes. Make sure to read the terms and conditions for details..

BetMGM Tennessee

Like most Tennessee sportsbooks, BetMGM gives you extra funds. However, the bonus funds are not cash, but a risk free wager of $600. User bonus T&Cs apply.

Risk Free Bets

Tennessee sports betting sites offer risk-free bets, which means that online sportsbooks will cover your loss if the wager loses. Always check operator bonus info for exact details of the risk free bets.

Free Bets

Free bets are more aggressive. As the name suggests, the online betting site GIVES you money to wager with. If you lose, you lose the house’s money. However, if you win, you collect the profit, but NOT the stake.

Deposit Bonuses

Some online sportsbooks in Tennessee also use casino-style deposit offers to attract customers. In return for depositing cash, your sportsbook will give you a signup bonus matching a certain percentage, and up to a specific cap. For example, a 100% up to $250 deposit match will yield you $250 in BONUS CASH if you deposit $250 of your own funds.

Tennessee Sports Betting Promo Code

Online gaming bonuses sometimes require an offer code. You can get the welcome bonus money when you put in one of these Tennesee sports betting promo codes.

Sportsbook Bonus Use Bonus Code
Action247 $400 Risk Free Bet GET400
BetMGM $600 Risk Free Bet BONUSMGM
TwinSpires $1,000 Risk Free Bet BET1000

Other Promotions

Welcome offers are only the beginning. To keep bettors in Tennessee interested, sportsbooks must provide an incentive to stay. Tennessee’s legal betting market is set to be a competitive one. If a bettor doesn’t like a site’s layout, its odds, etc., they’ll jump to another website – just like that.

There’s one thing successful sportsbooks have in common – engaging ongoing promotions. There are many ways to entice sports bettors to stay, such as a risk free sports bet & weekly boosted parlays. Others include, but are not limited to, the following list:

  • Reload bonuses: Reload bonuses are among the most common promos out there. Here’s how they work: in return for re-depositing a minimum amount (usually $10-$20), they’ll match to a certain percentage/cap. Let’s say DraftKings is offering a Monday Night Football 50% reload bonus. They’ll give you 50% of whatever you put on the site, up to a limit of $100. To max out this promotion takes only $200 – not a bad deal!
  • Profit boosts: As fun as that is, it’s an offer commonly found in online casinos. Profit and odds boosts, on the other hand, are exclusive to legal sportsbooks. A profit boost magnifies the money you make on a wager. For instance, let’s say you apply a 20% profit boost to a wager that will pay you $200. If you win, you’ll make $40 EXTRA on top!
  • Odds boosts: What about odds boosts? As the name suggests, it applies its magic to the odds part of the equation. For instance, let’s say you’re wagering on the Memphis Grizzlies to win at -180. An odds boost might change that to -220, leading to an increased payout if you win!
  • Insurance promos: Finally, we’ve all experienced the sting of the “miracle comeback.” A 4-6 team comes back from three touchdowns at the half to win – the result hurts! Insurance promos, most often available on parlays, can protect your investment. If a last-minute comeback turns your bet into a loser, it will pay part or ALL your stake back!
best sportsbook promos tennessee

Come for FanDuel’s attractive welcome offer, stay for the awesome promos in betting Tennessee. T&Cs apply.

How to Bet on Sports in Tennessee

If you are new to sports wagering, there are a few steps you need to take before you can place your first bet.

  1. Choose a Sportsbook: You can find the one that suits you the best from BonusFinder US extensive reviews.
  2. Register for an Account: Registering is easy, but don’t forget to put in the promo codes for bonuses!
  3. Deposit Money: TN sportsbooks accept several depositing methods.
  4. Choose Your Bets: Pick the sport, league, and player you wish to bet on, and what type of bet you want to place.
  5. Check Promotions: See if the operator has any good promotions that might get you extra cash if you end up with a winning result.
  6. Place Your Wager: Now you’re good to go, best of luck!

Registering for an Account

Since Tennessee has no retail casinos or sportsbooks, you can register for an account online. Note that you must provide some personal details when you sign up. Don’t forget to include the bonus code or opt in to get the bonuses! The most commonly required fields on the form when registering are listed below:

  • First name
  • Last name
  • Gender
  • Date of birth
  • Social Security Number
  • Email address
  • Home address
  • Zip code
  • Mobile phone number
  • Answers to security questions

Banking Options at Online Sportsbooks

how to deposit tennessee sportsbook

Like other states, Tennessee will offer a variety of deposit methods.

Now you’re ready to deposit. Note that the TN sports betting law prohibits sportsbooks from extending credit to users, so credit cards are not an accepted payment method. We can’t say with 100% certainty that all options are available for all sportsbook apps, but here are a few common options:

Banking Method Deposits Withdrawals Withdrawal Time
Debit Cards Yes No N/A
Prepaid Card Yes Yes 2 - 6 hours
PayPal and other e-wallets Yes Yes 2 - 3 days
ACH/E-checks Yes Yes 3 - 5 days
Bank Account Transfer Yes No N/A
PayNearMe (7-Eleven & Family Dollar) Yes No N/A

Sports in Tennessee

So what can you bet on in Tennessee? Professional sports and college sports betting in Tennessee is possible. Since most Tennesseans like to bet on teams they know and love, TN sports teams, college games, and sporting events are some of the most popular betting options on gambling sites. Tennessee is home to several major U.S. sporting teams.

Tennessee Sports

Some of the main teams in sports in Tennessee: Tennessee Titans, Memphis Grizzlies and Nashville Predators.

NFL Betting in Tennessee

AFC South participants Tennessee Titans haven’t been regulars in the NFL playoffs during the 2010s, and their odds of winning the Super Bowl are slim at best. However, a loyal fan base follows home games at the Nissan Stadium on Titans Way during the NFL season. For the sports bettors, player props might be the way to go when wagering on the Tennessee Titans football team.

NHL Betting in Tennessee

Ice Hockey in Tennessee is on the rise. The Bridgestone Arena residents Nashville Predators were the Presidents Trophy champions of the 2017-2018 season, but fell short in the playoffs. While they are still far from winning the Stanley Cup finals, they offer many interesting NHL betting options for Broadway regulars.

MLS Betting in Tennessee

The Nashville SC (Soccer Club) entered the MLS in 2020 as a new sports team, and they haven’t looked half bad. Nashville SC games are known for being low-scoring affairs, providing perfect opportunities for betting under.

MLB Betting in Tennessee

There has been a significant push to get an MLB expansion team to Nashville in the near future. However, the plan is still under way, and it might be some time before Tennessee bettors can enjoy pro sports league level baseball betting in the state.

NBA Betting in Tennessee

The Memphis Grizzlies, led by former Rookie of the Year Ja Morant, haven’t made the NBA playoffs from the Western Conference in five years. So things are not looking too bright for basketball fans in Tennessee as they visit the FedEx Forum, but maybe new minority owner Justin Timberlake can bring something new to the table.

College Football Betting in Tennessee

Tennessee state sports wagering rules allow you to bet on college sports in Tennessee, unlike in New Jersey. Thus, you can place bets on college sports, and wager on the Power Five members Vanderbilt Commodores or University of Tennessee Volunteers college football teams, playing home games at Vanderbilt Stadium and Neyland Stadium with a couple bowl appearances in recent years. You might also be able bet on another Division I college football participant East Tennessee State University.

College Basketball Betting in Tennessee

The University of Tennessee Volunteers Basketball is also highly successful compared to the teams in professional sports leagues in the state. While they have not yet made it to the Final Four and won the March Madness college basketball title, they have made appearances in Sweet Sixteen. The women’s college basketball program is one of the best in the US. Other local college teams with basketball programs include the Austin Peay State University and Lipscomb University.

Other Markets for Betting in Tennessee

As Tennessee sports teams are not very successful, aside from the collegiate events, casual sports bettors might want to check out other sports betting markets. Betting on the following sporting events is available in Tennessee.

  • UFC Betting
  • UEFA Champion’s League
  • English Premier League
  • Tennis US Open
  • Tour De France
  • The Olympics

Horse Racing

In addition to sportsbooks like DraftKings that offer fixed odds on horse races, users can bet on horses legally using designated horse betting apps like AmWager Racebook or TVG. These sites offer horse betting pools, instead of fixed odds betting.

Available Types of Bets

TN Sports betting operators offer the following bet types you can choose to bet on sports with.

  • Moneyline: Also known as run line and puck line, where you bet on the winner. For example, you can put on your bet slip the Nashville Predators to win over the Colorado Avalanche. Simple.
  • Spread Bets: However, sports games are often not evenly matched, and online sportsbooks try to offer interesting point spreads for bettors. For example, if the Vanderbilt Commodores are playing, the betting site might offer a Commodores -7,5 bet. If they win by 8 or more, the point spread bet wins.
  • Prop Bets: The online sportsbook might offer a bet that Tom Brady scores two touchdowns. This is called a proposition bet or a prop bet. Prop bets are available for most sports.
  • Over/Unders: You can also bet on the total points scored in a game. For example if the Tennessee Volunteers Basketball are playing Kentucky Wildcats, you can bet on whether the combined score is over or under 150,5.
  • Futures Bet: In futures bets, you bet on a future event. For example, you could bet on the championship game winner or who’ll win the World Series.
  • Parlays: A Parlay is a combination of multiple moneylines bets. For example, if all the Tennessee pro sports teams play on the same day, you can wager that they all win for bigger payouts.
  • Live Betting: Live betting, or in-game betting is done during the event. Sometimes you can even place specific sports bets like the next foul committed in the Grizzlies game.

Are There Bets That Are Not Legal in Sports Betting Tennessee?

Yes. Live betting on college games and collegiate prop bets are not legal in Tennessee sports wagering, but you can place a sports bet on pretty much everything else in the Volunteer State.

Conclusion

TN sports betting sites launched on Nov 1st 2020. Tennessee sports betting laws, licensing fees, and tax rates force odds to be markedly higher than offshore sportsbooks. That’s not good news for Tennessee bettors, but the Tennessee Education Lottery will no longer oversee the sports betting industry, starting January 2022. From then on, Sports Wagering Advisory Council (SWAC) will determine new sportsbooks, regulations, and oversight as the new regulators. We will see what plans this will bring to the market and to the gaming revenue.

Tennessee Sports Betting FAQs

Is sports betting legal in Tennessee?

Yes. BetMGM and FanDuel were the first TN betting sites to open and more (such as Fox Bet) will join soon and the market offerings will improve. Sports wagering is regulated by Tennessee Lottery and the Sports Wagering Advisory Council, and any sports betting app must fulfill licensing requirements before setting up. Note that there are currently no retail sportsbook locations in TN.

Am I able to place bets in Tennessee using a VPN?

No. In fact, we advise strongly against it. Although Tennessee sports betting apps are not only available to Tennessee residents, the advisory board and sports betting regulation prohibit sportsbooks from accepting out-of-state wagers. Therefore, sportsbooks track your location using geolocation technology. So make sure to stay within state lines when you bet in Tennessee.

Why is there so much controversy surrounding TN sports betting regulations?

When regulators released the sports betting bill for public comment, there was an uproar. For starters, the sports betting tax rate are among the steepest in United States – only Pennsylvania’s are higher. The sports betting licensing fee of 750k is also an issue for many.

Worse yet, Tennessee is mandating licensees to hold up to 10% of a wager. Simply put, this requirement will mean sports betting odds markedly worse than offshore competitors. Sportsbook operators are also required to buy official league data from the sports leagues.

Finally, the sports betting bill championed by Rep. Rick Staples actually passed without signature from Gov. Bill Lee, who did request that no retail betting would be set up at the same time.

Is 21 years the legal sports betting age limit in Tennessee?

Yes. Tennessee sports betting rules mandate that all bettors must be confirmed to be at least 21 years old.

Can I bet on my mobile device in Tennessee?

Yes, absolutely. All sportsbooks in Tennessee have a mobile sports betting app. TN sports betting apps can be downloaded to all mobile devices.