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Legal Tennessee Sports Betting Guide

With the legalization of Tennessee sports betting, enthusiasts and casual fans alike have endless legal options at their disposal. In our guide, we will take a look at the history of the sports betting laws in Tennessee and review the best online sportsbook options in the Volunteer State.

Caesars
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The Best Online Sportsbooks Available In Tennessee

In this section, we will provide an overview of the top online betting sites available in Tennessee, highlighting their key features and advantages.

From BetMGM’s user-friendly interface and mobile app to Caesars’ unique rewards program, sports bettors in Tennessee have some great legal options to choose from. Whether you’re a seasoned bettor or new to the game, each of these platforms brings something special to the table, promising an exceptional betting experience online sports betting in Tennessee.

1. Caesars Tennessee Sportsbook

Caesars Review

For Tennessee bettors, the prospect of Caesars Sportsbook entering the market offers the promise of an enticing betting experience with a strong emphasis on user satisfaction. The platform is known for providing value, making it a noteworthy option for both casual and seasoned bettors, ensuring a pleasurable betting journey.

One of Caesars Sportsbook’s notable attributes is its standard -110 point spreads and totals, which align with the preferences of many bettors and guarantee stability for those who favor these popular bet types.

A standout feature is the frequent ‘odds boosts’ promotions, which encompass a variety of popular sports, including NFL, NBA, NCAA, NHL, and MLB. These promotions aim to not only inject excitement into the betting experience but also potentially increase returns, rendering it an appealing choice for bettors seeking added value.

The platform boasts a user-friendly interface, simplifying the process of navigating and placing bets across various sports and bet types. Additionally, Caesars Sportsbook actively engages users through promotions like the “Go Full Caesar” promotion for existing users and the “Spread The Word” referral program, which offers substantial rewards for referring friends.

The Caesars Rewards program further underscores the sportsbook’s dedication to its users, providing escalating perks and extending rewards beyond betting to include benefits such as hotel stays and vacations.

While the platform may experience occasional minor app issues, it consistently delivers speedy and responsive interactions. Real-time updates contribute to an engaging betting environment, enhancing the overall sports betting experience for Tennessee residents who have the privilege of using Caesars Sportsbook.

Caesars's Key Info

Caesars's Top Rating Criteria

Ease of Use
5.0

Simplicity and intuitiveness of the platform's design

Quality of Design
5.0

Overall quality of the design and user experience

Variety of Prop Bets
4.0

Assortment of player, team, and game-specific wagers

Welcome Bonuses
4.5

Offers available upon initial signup

2. BetMGM Tennessee Sportsbook

BetMGM Review

BetMGM, a prominent figure in the U.S. sports betting scene, brings a distinctive set of features and promotions to Tennessee bettors. Notably, BetMGM’s odds exhibit a level of variation that sparks discussions among users. While some may find them slightly higher in specific markets, opinions on odds competitiveness vary. Nevertheless, BetMGM consistently maintains a competitive edge across an extensive range of sports and bet types, ensuring Tennessee bettors have favorable options and a reliable betting experience.

What truly sets BetMGM apart is its ‘odds boosts’ promotions, which focus on major professional sports such as football, baseball, and basketball. These promotions provide users with enhanced odds multiple times a week, often boosting them by 25% to as high as 50%. This not only amplifies potential returns but also heightens the excitement of betting. BetMGM excels in swiftly updating odds in real-time, enabling bettors to make informed decisions and seize advantageous opportunities promptly. This dedication to enhancing the user experience positions BetMGM as a dynamic and user-centric sportsbook.

BetMGM’s platform excels in user-friendliness, featuring an intuitive layout that simplifies the betting process for both novices and seasoned bettors in Tennessee. Whether you’re placing bets, exploring different sports, or delving into various bet types, navigating the website or app is seamless. The platform’s speed and responsiveness ensure a consistently smooth betting experience, even during peak traffic periods. Moreover, BetMGM empowers users with robust search and filter options, streamlining the process of finding specific bets and events, enhancing efficiency, and catering to individual preferences. While it may not dazzle with flashy features, BetMGM’s practical tools and seamless design contribute to a highly accessible and enjoyable platform for Tennessee bettors.

BetMGM's Key Info

BetMGM's Top Rating Criteria

Odds Quality
4.6

How the sportsbook's odds stack up against competitors

Sports Offered
4.6

Total number of different sports you can bet on

Bet Types
3.9

Variety in bet types like spread, moneyline, and totals

Betting Limits
4.7

Maximum and minimum bet stakes allowed

3. FanDuel Tennessee Sportsbook

FanDuel Review

For sports enthusiasts in Tennessee, FanDuel Sportsbook stands out as a top choice, offering consistently competitive odds across various sports and bet types. This appeals to NFL and MLB enthusiasts, providing a compelling edge in their betting endeavors.

One key feature that distinguishes FanDuel is its odds boost promotions. Regularly, users are presented with opportunities for heightened odds, ranging from a substantial 35% to an impressive 100%. This dynamic approach not only keeps users engaged but also holds the potential to significantly enhance their winnings.

FanDuel’s real-time updates for in-play betting are a game-changer. The odds are continuously adjusted to mirror ongoing events, allowing bettors to make well-informed decisions as games progress. This feature enhances the excitement and profitability of in-play wagers.

Navigating FanDuel’s platform is user-friendly, making it accessible to both seasoned bettors and newcomers. While the process of creating parlays and accumulators is straightforward, there is room for improvement in filter options for refined searches. Nevertheless, both the website and mobile app offer a seamless betting experience, catering to the preferences of desktop and mobile users alike.

FanDuel’s commitment to accessibility is notable, as it aligns with industry standards to accommodate users with disabilities. However, expanding language support beyond English could further enhance inclusivity and cater to a more diverse audience in Tennessee.

Promotions offered by FanDuel are a highlight, with a dynamic approach that responds to significant sports events. These promotions not only boost user engagement but also contribute to increased profitability. Innovative offerings like “NBA In-Play Insurance” add an element of excitement, setting FanDuel apart from the competition. Importantly, FanDuel’s promotion strategy emphasizes quality over quantity, a point reinforced by positive user feedback.

FanDuel’s presence in 19 states, including Tennessee, underscores its popularity and reach. Positive reviews from third-party platforms, strategic partnerships with major sporting leagues and teams, and industry accolades such as “Operator of the Year” solidify FanDuel’s status as a top-tier sportsbook. User testimonials consistently underscore the user-friendly interface, efficient customer service, and the diverse range of betting options offered.

FanDuel's Key Info

FanDuel's Top Rating Criteria

Odds Quality
4.6

How the sportsbook's odds stack up against competitors

Betting Limits
4.1

Maximum and minimum bet stakes allowed

Reduced Juice
4.8

Availability of bets with lower bookmaker margins

Odds Release Speed
4.1

How quickly new odds are made available

4. DraftKings Tennessee Sportsbook

DraftKings Review

DraftKings Sportsbook stands as a formidable force in the U.S. sports betting landscape, consistently delivering a premium betting experience. What sets DraftKings apart is its unwavering dedication to providing competitive odds that consistently rank among the industry’s best. Whether you’re a fan of popular sports or niche events, DraftKings ensures that their odds are designed to maximize your potential payouts, catering to both casual and experienced bettors. While slight variations in competitiveness may exist for free play bets, DraftKings maintains an overall exceptional quality of odds.

The true distinction of DraftKings lies in its array of promotions and features designed to enhance your betting journey. Profit boost bonuses and free play bets offer enticing opportunities to enjoy enhanced odds and increased potential returns. Navigating their user-friendly website or app to uncover and capitalize on these boosted odds promotions is a seamless process, ensuring that you make the most of every betting opportunity.

DraftKings also excels at keeping you well-informed with real-time updates and alerts, whether you’re tracking major sports or lesser-known events. This adaptability of odds to reflect market changes, team news, and pivotal factors is impressive and ensures that you’re always up to date with the latest developments. DraftKings goes beyond mere betting; it offers a dynamic, value-packed experience that’s difficult to surpass in the U.S. sportsbook landscape.

For bettors in Tennessee, DraftKings Sportsbook is a top choice, offering premium odds, promotions, and real-time updates that elevate your betting experience. Whether you’re an avid bettor or just starting, DraftKings has something to offer, and it’s undoubtedly a force to be reckoned with in the world of U.S. sportsbooks.

DraftKings's Key Info

DraftKings's Top Rating Criteria

Welcome Bonuses
5.0

Offers available upon initial signup

Ongoing Promotions
4.4

Frequency and variety of regular promotions

VIP Programs
5.0

Existence of a rewards program for frequent bettors

Referral Programs
4.7

Availability of bonuses for referring new users

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Did you know? Caesars Sportsbook isn't just for experienced bettors; its user-friendly interface makes it ideal for newcomers as well.

A Timeline of Tennessee’s Sports Betting History

Reflecting on the most recent developments, Tennessee’s sports betting industry continues to thrive. The impressive handles recorded in 2022 highlight the state’s successful digital approach to sports betting.

  • 2022: In October, Tennessee sees an astounding sports betting handle of $405.3 million. This record is broken in November when an all-time high of $439.5 million is reported for the state.
  • March 2021: The state’s sports betting industry is revealed by the Tennessee Education Lottery to have seen an enormous $2 billion in wagers made since its establishment in November 2020.
  • 2021: Tennessee’s online sports betting scene grows with the launch of Caesars Sportsbook, WynnBET and Barstool Sportsbook, offering more options for bettors in the state.
  • January 2021: Tennessee sets a precedent by launching online sports betting as its sole option, making it the first state to lack traditional retail locations.
  • 2020: Tennessee kicks off its sports betting industry, introducing an initial lineup of four online sportsbooks for wagering.
  • 2019: Tennessee becomes the first state to pass a sports betting bill without a brick-and-mortar casino as Governor Bill Lee permits the legislation to become law without signing.
  • 2018: A bill called HB0001 is proposed by Representative Rick Staples. The legislation seeks to legalize sports betting in the Volunteer State.

The progression of Tennessee’s sports betting industry has been remarkable. Starting as the first state to legalize sports betting without any physical sportsbooks, it has grown into a booming online industry, breaking records in the process.

Bonus Offers at Tennessee Sportsbooks

As sports betting continues to grow in popularity across Tennessee, sportsbooks are going the extra mile to attract new bettors. They offer a wide variety of bonus offers, aiming to convert casual sports fans into regular bettors. These bonuses can range from deposit match bonuses to sign-up bonuses, bonus bets, boosted odds, no deposit bonuses, and loyalty programs.

  • Deposit Match Bonuses: This is one of the most popular options among sports betting bonuses. Sportsbooks will match your initial deposit by a certain percentage, up to a specific amount. This means that you could double your starting bankroll, allowing for more bets and potential winnings.

  • Sign-Up Bonuses: Many sportsbooks in Tennessee offer sign-up bonuses as a way to incentivize new bettors. This involves offering bet credits or a free bet upon registration and completion of your first deposit.

  • Bonus Bets: Bonus bets, also known as free bets, are a common type of sports betting promo. After making a qualifying bet, the sportsbook offers you a free bet of a certain value. This allows bettors to place a wager without any risk.

  • Boosted Odds: Boosted odds are unique promos where the sportsbook enhances the odds on specific events or outcomes. This results in higher potential returns on winning bets and is particularly popular for high-profile sporting events.

  • No Deposit Bonuses: No deposit bonuses are a rarity, but highly sought-after. They allow bettors to place bets without making any initial deposit, essentially betting for free.

  • Loyalty Programs: Sportsbooks often reward their regular bettors with loyalty programs. These may offer exclusive bonuses, rewards, or special promotions, encouraging continued patronage.

Sportsbooks in Tennessee are continually coming up with innovative and enticing bonus offers to attract and retain bettors. Whether you’re new to the world of sports betting or an experienced player, it’s wise to keep an eye out for these bonuses. They can provide a significant boost to your betting bankroll, enhance your betting experience, and potentially increase your winnings. Always remember to read the terms and conditions, ensuring you fully understand the bonus requirements before taking part.

Payment Options Accepted by Tennessee Sportsbooks

In Tennessee, sports betting enthusiasts have a variety of payment options at their disposal when engaging with the state’s online sportsbooks. With the growing popularity of online betting, it’s essential for players to have access to easy and secure payment methods.

Here are the most common banking methods available:

  1. Debit Cards: A direct and often instantaneous way to fund a sportsbook account. Linked directly to a user’s bank account, it provides easy access to funds.

  2. Credit Cards: Widely accepted among sportsbooks. Allows for quick top-ups to betting balances. It’s essential to be aware that credit card transactions might require additional verification checks and potentially attract fees depending on the provider.

  3. Bank Transfers: A method allowing for direct linkage between a user’s bank account and the sportsbook. Offers a seamless transfer of funds but may take longer to process than card transactions.

  4. Prepaid Cards: A popular choice for those seeking added privacy and security. Not directly linked to a personal bank account, these cards are preloaded with a set amount which can then be used for deposits.

  5. P2P Services: Peer-to-peer services like PayPal provide a convenient and often quicker way to transfer funds. They offer an extra layer of security, as users don’t have to share their bank details directly with the sportsbook.

Tennessee sportsbooks cater to a wide range of payment preferences. Whether you prefer the convenience of credit card transactions or the security of prepaid cards, there’s likely a method that suits your needs.

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How To Start Betting at Tennessee’s Online Sportsbooks

Embarking on your sports betting journey in Tennessee can be exciting and profitable with the right approach. Here’s a step-by-step guide to help you navigate the world of online sportsbooks in the Volunteer State.

  1. Choose Your Online Sportsbook Operator: Begin by researching various online sportsbook operators in Tennessee to find the one that suits your needs[2]. Look at their reputation, the types of sports bets they offer, and their specialization in domestic or international sports.
  2. Sign Up: Once you’ve made your choice, click on ‘BET NOW’ to initiate the sign-up process. You will be required to provide personal information for identity verification.
  3. Enter Bank Details: Provide your bank details for secure transactions. Tennessee’s online sportsbooks use high-end encryption to ensure the safety of your financial information.
  4. Explore Betting Options: Once registered, browse through the various betting options available. These can range from game props and futures bet to single wagers and totals bet.
  5. Choose Your Sport: Next, select the options for sports you wish to place bets on. It could be anything from college football betting to international sports.
  6. Place Your Bet: Decide on the type of sports bet you want to place – it could be a sports wager on college teams or a futures bet on international sports. Then, place your bet.
  7. Monitor Your Bets: Keep track of your sports betting winnings and losses. This will help you devise better betting strategies for the future.

By following these steps and betting responsibly, you can gain valuable experience and develop effective strategies, turning your sports knowledge into potential winnings. As you gain experience, you’ll discover your preferred online sportsbook options and develop strategies for placing successful sports wagers.

Popular Teams Among Tennessee Bettors

Sports fans in Tennessee have a wide array of teams across different sports leagues to root for, each with its unique flair and fan base.

Here’s a snapshot of the teams that make Tennessee a thrilling arena for sports betting:

  • Tennessee Titans (NFL): The Titans, an integral part of the state’s sporting culture, engage sports fans with their high-octane football games. Their performances in the league have made them a popular choice among bettors.

  • Memphis Grizzlies (NBA): This basketball program is a favorite team among bettors, with their impressive performances making every basketball game a thrilling experience.

  • Nashville Predators (NHL): One of the key players in the NHL, the Predators have a dedicated fan base that eagerly anticipates their games, making them a favorite pick for sports betting.

  • Nashville SC (MLS): This team has carved a niche for itself in Major League Soccer, attracting a passionate fan base and bettors who appreciate the fast-paced nature of their games.

  • Tennessee Volunteers (NCAA): Representing the University of Tennessee, this collegiate team is a favorite among college football fans and bettors, adding to the excitement of the collegiate sports scene.

  • Vanderbilt Commodores (NCAA): Another popular collegiate team, the Commodores represent Vanderbilt University. Their games are a testament to the diversity and competitive spirit of college games, attracting sports fans and bettors alike.

  • Memphis Tigers (NCAA): The Tigers, hailing from the University of Memphis, have a strong basketball program that draws in fans and bettors with their dynamic basketball team and exhilarating games.

  • East Tennessee State Buccaneers (NCAA): The Buccaneers contribute to the love for collegiate sports with their tenacious performances, making them a popular choice among bettors in Tennessee.

  • Middle Tennessee Blue Raiders (NCAA): Representing Middle Tennessee State University, the Blue Raiders have a dedicated fan base who anticipate their games, adding to the array of collegiate teams that bettors can choose from.

The diverse array of teams across different sports leagues in Tennessee offers bettors plenty of choices, making every game an exciting opportunity for betting. From the professional leagues to the collegiate teams, there’s a team for every sports fan to root for and every bettor to place their bets on.

Are there any unavailable sports betting markets in Tennessee?

Tennessee sports betting legalization came with several limitations and restrictions. Most notably, there are restrictions on certain types of bets in college sports, such as prop wagering. Prop bets are bets made regarding the occurrence or non-occurrence of certain events which may not directly affect the outcome of the game.

There are also restrictions on in-play betting for college sports. This means that bettors cannot place bets while a college sports game is ongoing. The rule is in place to protect the integrity of college sports, which have often been the subject of match-fixing scandals in the past.

Under the current sports betting laws, individuals must be at least 21 years old to participate, and they must be physically located within the state boundaries of Tennessee at the time they place their bets. Lastly, there may be betting limits imposed by sportsbooks. While this isn’t a state regulation, it’s an important aspect for bettors to consider. Some sportsbooks may set limits on the amount a person can bet, either overall or on a single game.

Conclusion: Sports Betting in Tennessee

Tennessee sports betting offers local sports fans some of the nation’s top major sportsbooks, and the convenience of anytime, anywhere online wagers. While restrictions on certain college sports markets exist, the journey from the pioneering online launch to record-breaking handles showcases Tennessee’s remarkable progress in the sports betting market. 

Tennessee Sports Betting: Frequently Asked Questions

While Tennesseans cannot place bets at retail locations, online sports betting is absolutely accessible in the state.

Yes, you can place parlay bets in Tennessee.

BetMGM Sportsbook, Caesars Sportsbook, FanDuel Sportsbook, WynnBET and others can be used in Tennessee.

DraftKings Sportsbook is an authorized and legal operator in Tennessee.

Tennesseans can bet on horses and sports online, but the state prohibits all forms of casino gambling.

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