Tennessee Sports Betting Sites October 2021

Tennessee was the first state to legalize online-only sports betting, a format that produced a popular and competitive betting market with great options for sports bettors.

Tennessee online wagering launched in November 2020, and bettors wagered more than $1.5 billion during the first nine months – and that’s without an entire football season. Tennessee sports bettors have access to nine sports wagering providers, two of which were approved to join the marketplace in September 2021. Several more are awaiting approval.

Whether you’re looking to find the best sports betting sites available in Tennessee or the latest sports wagering updates in the state, we can help. Bookies.com reports on all of the state’s most recent sports betting and gambling developments and provides comprehensive reviews of all Tennessee legal and regulated sportsbooks .

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TwinSpires

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Caesars

Up to $5,000 Risk-Free Bet - Promo Code: BOOKIES

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WynnBET

Bet $1 Win $100 If Any College Football or NFL Team Scores a Touchdown

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BetMGM

Risk Free Bet up to $1,000 - Promo Code: BOOKIES

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FanDuel

Risk Free Bet up to $1,000
To Claim: Click Bet Now

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DraftKings

Bet $1 Get $200 NFL Special plus 20% Deposit Bonus up to $1,000

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Seal - TN

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Every online gambler deserves a safe and fair place to play. Our mission at Bookies.com is to create a safe online environment for players through free, impartial and independent reviews of the US's best online gambling companies so that you can play with confidence and security. All ratings and reviews are made independently of the operator by our team of gaming experts and with every company being fully US licensed they can be trusted to offer fair play. We accept compensation from the companies advertised on this page and this may affect the brand positioning. We endeavour to continuously update this list so we can bring you the most current sites and the best available offers but we cannot review every site in the market.

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Top 3 Sportsbooks in Tennessee

Our three top-rated Tennessee sportsbooks are DraftKings, BetMGM and TwinSpires. All are major national sports betting providers and offer Tennessee bettors a comprehensive selection of betting lines, in-game wagers, competitive bonus offers and multi-functional betting apps . A closer look at each:

DraftKings Tennessee

One of the most recognized brands in sports betting. DraftKings Sportsbook App offers TN bettors a deposit bonus of up to $1,000, multiple daily promotions and one of the most player-friendly apps in the industry. DraftKings is an active player in Tennessee: It’s the official sports betting and daily fantasy sports provider of the NHL’s Nashville Predators and recently announced plans to launch branded sports bars in Nashville, where bettors can wager on their mobile devices.

DraftKings

Bet $1 Get $200 NFL Special plus 20% Deposit Bonus up to $1,000

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TwinSpires Tennessee

Based in neighboring Kentucky, TwinSpires Sportsbook is owned and operated by Churchill Downs, Inc., which continues to expand its digital sports betting operation. TwinSpires promo code for Tennessee account holders offers a $1,000 risk-free first bet promo along with a huge number of prop wagers and in-play offerings. A national leader in online pari-mutuel wagering, TwinSpires makes it easy for bettors in Tennessee to switch back and forth between sports betting and racing.

TwinSpires

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BetMGM Tennessee

The Tennessee Titans in 2020 announced BetMGM Sportsbook as the state’s first-ever official sports betting partnership between a pro sports team and sports betting platform. BetMGM, the online division of gaming giant MGM Resorts, offers Tennessee new account holders a BetMGM risk-free bet of up to $1,000 . Reliable and trusted platform offers daily odds boosts and one of the largest wagering menus in the sports betting marketplace.

BetMGM

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TN Online Sportsbooks & Sports Betting Apps

Bettors in Tennessee have a solid selection of betting providers and mobile apps to choose from. Every Tennessee sports betting app is available for Android and/or iOS devices and can be downloaded for free.

Android Betting Apps & iOS Betting Apps for TN Players

Tennessee sports betting apps are the only choice in the online-only Tennessee sports betting market. Here's what's currently available for download:

  • DraftKings Tennessee
  • BetMGM Tennessee
  • TwinSpires Tennessee
  • Caesars Tennessee
  • FanDuel Tennessee
  • WynnBET Tennessee
  • Action 24/7 Tennessee
  • Barstool Tennessee
  • Wagr Tennessee

Tennessee's sports betting laws mandate that each operator hold 10% of betting handle to ensure more revenue for the state, which can result in slightly higher prices for bettors. A brief look at each Tennessee sportsbook apps:

DraftKings Tennessee

A heavyweight in sports betting and daily fantasy sports with a top-rated online platform and mobile app. DraftKings Tennessee sports betting app offers a wide range of daily promotions, low minimum wagers and plenty of in-game betting options.

DraftKings

Bet $1 Get $200 NFL Special plus 20% Deposit Bonus up to $1,000

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BetMGM Tennessee

Well-known brand offers huge betting menu and mobile app that is easy to use. BetMGM is a sports betting partner with nearly all of the major U.S. sports leagues. The BetMGM Tennessee app offers free live streaming on just about every game

  • Read our BetMGM Tennessee Sportsbook Review
  • Claim the BetMGM Tennessee Promo Code
  • BetMGM

    Risk Free Bet up to $1,000 - Promo Code: BOOKIES

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    TwinSpires Tennessee

    Online sportsbook rebranded from BetAmerica to its more well-known pari-mutuel wagering brand in 2021. Bettors on the TwinSpires Tennessee sports betting app are eligible for up to $1,000 in welcome bonus bets, a wide range of promotions and an early cash out feature.

    TwinSpires

    Deposit $1,000, Get a $1,000 Risk Free Bet - Promo Code: BOOKIES1000

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    Caesars Tennessee

    World-famous gambling brand continues to grow its online sportsbook access. Recently completed purchase of global sports betting giant William Hill and is rebranding those sports betting sites to Caesars sportsbook. The Caesars Tennessee sports betting app offers a welcome bonus of up to $5,000 is the highest in the industry.

    Caesars

    Up to $5,000 Risk-Free Bet - Promo Code: BOOKIES

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    FanDuel Tennessee

    One of the biggest sports betting providers in North America and among the leaders in every state it operates. FanDuel Tennessee app is highly rated and offers bettors a risk-free first bet of up to $1,000, a popular mobile app and a wide range of deposit and withdrawal options.

    FanDuel

    Risk Free Bet up to $1,000
    To Claim: Click Bet Now

    Bet Now

    WynnBET Tennessee

    The online gaming division of Wynn Resorts entered the Tennessee market in April 2021. The WynnBET Tennessee sports betting app focuses primarily on the major sports leagues and offers some outstanding reduced juice promotions and a risk-free first bet of up to $1,000.

    WynnBET

    Bet $1 Win $100 If Any College Football or NFL Team Scores a Touchdown

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    Action 24/7 Tennessee

    Offers TN bettors a hometown alternative. The Nashville-based Action 24/7 Tennessee sports betting app is back online after Tennessee regulators briefly suspended the company’s license in March 2021 for reported violations of money laundering and illegal proxy betting on its platform. The suspension was overturned by a Nashville judge.

    Barstool Tennessee

    Approved for a Tennessee sports betting license in Sept. 2021. Popular sports media brand says it expects to be operating in up to 10 states by year-end 2021. Barstool Tennessee Sportsbook app offers selections by Barstool personalities and frequently provides promotions and odds boosts on those games.

    Wagr Tennessee

    A new player in the online sports betting marketplace recently approved for a Tennessee license. Wagr Tennessee app sets odds like other sports betting providers, but also will allow players to bet against other players, an offshoot of peer to peer wagering. Promotes “a social, simple and safe experience for everyone.’’

    Bonuses & Promotions at TN Sports Betting Sites

    Most Tennessee betting apps offer a variety of bonus and promotions to sign-up new players and reward existing accounts. Some bonus offers are more lucrative than others. Many contain playthrough requirements before money can be fully redeemed, so it’s important to read the fine print with all offers. Among the most common Tennessee sportsbook offers:

    No Deposit Bonus: A small bonus is placed in your account just for signing up. No initial deposit required.

    Deposit Match: Make your first deposit and your sportsbook will match that amount up to 100%.

    Free Bet: Mostly offered to new sign-ups. Formats vary, but generally if your wager loses, the free bet is lost, but not your own funds. If the wager wins, the winnings are added to your account.

    Odds Boost: Sportsbook boosts the odds on a specific team, providing players with a more favorable payout on a point spread, moneyline or totals bet.

    Most Popular Online Sports Bets

    All of the most popular types of sports wagers are available in Tennessee. Among them:

    Moneyline : A wager on a team to win a game with moneyline odds set by the sportsbook. For example: The Nashville Predators are -140 to beat the New York Rangers, who are +120. Bettors can wager $140 to win $100 on the favored Predators, or $100 to win $120 on the underdog Rangers.

    Spread : The most popular form of sports bet. A team is favored by a certain number of points or goals in a specific game. Bettors choose the favorite or underdog. The handicap balances the odds to about -110 for each side.

    Parlay : A wager combining two or more teams and each must win for the parlay to cash. The more teams in the parlay, the higher the potential payout.

    Teaser wagers : Bettors can adjust the point spread in specific games in exchange for reduced odds. The bet is usually made in a parlay format. Example: The Tennessee Titans are 9-point favorites over the Houston Texans. In a 6-point teaser, bettors can take the Titans -3 or the Texans +15. The 6-point adjustment applies to all games in the parlay. The reduced payout is dependent on the number of points teased.

    Over/Unders : A wager that the combined score of both teams will go over or under the total number of points set by the sportsbook.

    Futures: A wager on a team or player to be determined in the future. For example, betting on a team to win the NCAA Tournament before or during the college basketball season. An example of an NFL futures bet would be wagering on the Titans to win the Super Bowl before the NFL season starts.

    Prop Bet : A wager on a specific player or team that may or may not be related to the final outcome of the game. Example: How many points and/or assists Grizzlies guard Ja Morant will have in a specific NBA game.

    Does Tennessee Offer Live Sports Betting?

    Yes. Live in-game sports wagering is one of the fastest growing segments of the betting industry and is offered by Tennessee sportsbooks.

    In live sports betting, a wager is placed after an event has started. The sportsbooks use computer algorithms to determine in-game wagering odds. Be prepared – the action moves fast.

    What Sports Leagues Can I Bet on in TN?

    Just about every major sports league you can imagine, including:

    The list includes the top North American and international soccer leagues, golf, tennis, motorsports, mixed martial arts and boxing.

    The list also includes several niche and International sports, such as Aussie Rules Football, cricket, rugby and cycling. You can also wager on esports.

    TN Major Sports Events to Bet on - 2021

    The biggest annual sporting event for wagering is the Super Bowl . Bettors in Tennessee wagered $15.5 million on Super Bowl LV in February 2021, helping the state reach nearly $700 million in betting handle in its first four months of sports wagering.

    A dozen Division I basketball programs help make the men’s NCAA Tournament a huge betting event in Tennessee, The tradition-rich University of Tennessee Lady Vols add to the appeal of the NCAA women’s tournament.

    The Stanley Cup playoffs are a significant sports event betting event in Tennessee, with the Nashville Predators an annual playoff contender.

    Tennessee is home to an annual tournament on the PGA Tour, two college football bowl games and hosted a pair of 2021 NASCAR races at Bristol and one in Nashville.

    How to Sign Up and Place a Sports Bet in TN?

    Signing up for a Tennessee online sportsbook account is easy and fast.

    1. Select your sportsbook of choice. To help decide, spend some time on various Tennessee betting sites. Choose the site(s) that provides the sports, betting lines and payment options you want.
    2. Click on ‘Register’ or ‘Sign Up.’ You will be asked to provide information such as name, address, contact number, date of birth and last four digits of social security number. You will also be asked to create a username and password.
    3. After your account has been created, make a deposit to provide betting funds. Choose between several deposit options. Once received, the funds will appear in your account balance.
    4. Make your first wager.

    Deposits and Withdrawals

    A wide range of payment options are available at Tennessee sportsbooks. Deposits can be instantaneous depending on method used. The most popular:

    E-wallets
    PayPal : The most common e-wallet is PayPal, though Neteller is catching up. Both allow quick transfer of funds for low or no fees.
    Mastercard
    Credit/debit cards: Popular deposit method that instantly transfers funds into your account. Be aware that some charge high fees and credit cards can only be used to make deposits, not withdrawals. We recommend Visa and Mastercard .
    Bank Transfer
    Bank transfer/ACH: Secure electronic connection is established between your bank account and sports betting account.
    Play+
    Play+/prepaid cards: Most forms of prepaid cards are accepted for deposit. Play+ prepaid cards also allow for withdrawals.
    PayNearMe
    PayNearMe: Deposit-only format with no bank account or credit card needed. Send cash to your sportsbook account from a Tennessee-based 7-Eleven, CVS Pharmacy or Family Dollar store.

    Withdrawals can be requested at any time and generally require a 24-48 hour approval process. E-wallets tend to be the fastest option. Players can even request a check be mailed to them. Generally there are no fees for withdrawals.

    Features of a Tennessee Sports Betting Site

    Yes, there are great welcome offers to get you rolling when it comes to sports betting in Tennessee. But that's just the beginning. Operators, especially new Tennessee sportsbooks, want to make it a great experience every time you go on the site. Here are some of the extra features you will find at most Tennessee sportsbooks:

    Intuitive User Interface

    Tennessee sports betting is all about the online experience. Your Tennessee betting app should be easy to navigate, void of clutter and display prominent filters and menus to help you quickly find the sports and betting lines you want. The more you use the app, the more intuitive it should be.

    List of Betting Odds

    Odds and moneyline prices are similar at Tennessee sportsbooks, but not identical. Finding the best odds and prices gives bettors the best chance to earn profits. Signing up with multiple Tennessee sportsbooks allows bettors to compare odds and secure the best possible prices.

    Live Betting and/or Live Streaming

    The action doesn't stop when the puck is dropped or the ball is kicked off. The best Tennessee sports betting apps will have vibrant live odds, ranging from moneyline to spread to props, and also feature live streaming of events you are betting on.

    Great Customer Service

    If you have a question about a bonus offer or promotion, you should have easy access to customer service via email or online chat. Generally, Tennessee sportsbooks offer helpful customer service, though some offer faster response times than others.

    Safety & Security

    Tennessee bettors want to bet with confidence and know their wagers are safe and their personal information secure. Your Tennessee sports betting provider should have a reputable and trustworthy history and operate on a secure and encrypted connection.

    How do we Pick the Best Tennessee Sports Betting Sites?

    So, you want to place a sports bet in Tennessee? You've come to the right place. Our team of experts has spent years independently reviewing and rating sports betting sites in North America. We know what to look for in sportsbooks in Tennessee, sign up for accounts and place wagers. Among the most important criteria we consider when making recommendations:

    Safety: Any site we review must be properly licensed and regulated by the Tennessee Lottery, ensuring that accounts are legal, safe and secure. We do not recommend offshore-based sports betting sites, which operate without proper regulation and may place your funds and personal information at risk with no recourse.

    Prices and odds: Tennessee’s 10% mandatory hold on all sports wagers is well above the national average, so finding the most favorable prices and betting lines – which vary from site-to-site – is crucial for bettors.

    Bonus offers and promotions: As competition increases in the Tennessee online sports betting marketplace, online sportsbooks will offer an increasing number of bonus offers and promotions to sign up new players.

    Mobile app and software: Online-only sports betting means operators must have the most up-to-date and tech-savvy betting apps. The apps must be multi-functional, allowing players to check odds, wager, make payments and manage their accounts.

    Wagering options: Does the site offer in-game wagering options? Does it offer a solid menu of futures and prop bets on the sports you want?

    Is Online Sports Betting Legal in Tennessee?

    Yes. Online sports betting legislation was passed by the Tennessee legislature in April 2019 and officially became law on July 1, 2019. The law made Tennessee the first state to approve online-only wagering, meaning no brick-and-mortar sportsbooks are allowed.

    The first online sportsbook wager was placed and accepted on Nov. 1, 2020. The state’s four online sportsbooks handled $27 million in wagers during their first week of operation. The number of Tennessee sports betting apps has grown considerably since launch.

    Benefits of Legal Online Sports Betting in TN

    Online wagering is the only form of legal sports betting in Tennessee and also the most convenient. Bettors need only an internet connection to have access to sports wagering 24/7 from their smartphone, mobile device or home computer from anywhere in the state.

    With legal online sports wagering, Tennessee bettors have no reason to bother with offshore-based betting sites, which lack proper regulation and safeguards and should be avoided.

    Top 5 Tennessee Sports Teams to Bet On

    There's plenty of local rooting interest when it comes to betting in the Volunteer State.

    Tennessee Titans

    Tennessee Titans

    NFL picks in Tennessee is extremely popular. The Titans, who play their home games at Nissan Stadium in Nashville, entered the 2021 season coming off five consecutive winning seasons and reached the NFL playoffs in three of the past four years. Derrick Henry is one of the league’s top running backs and in 2020 became the eighth player in NFL history to rush for more than 2,000 yards in a season. The Titans opened the 2021 season at 25-1 odds to win Super Bowl LVI.

    Memphis Grizzlies

    Memphis Grizzlies

    The Grizzlies, who moved from Vancouver after the 2000-01 season, are the only major pro sports team in Memphis and the lone pro basketball team in the state. The Grizzlies lost in the first round of the 2020-21 playoffs but have one of the league’s top young players in guard Ja Morant, who averaged 30 points per game in the playoffs.

    Nashville Predators

    Nashville Predators

    Nashville team known locally as ‘the Preds’ joined the NHL games as an expansion franchise in 1998. Reached the 2016-17 Stanley Cup Finals as a No. 8 seed but haven’t advanced past the second round of the playoffs since then. Team captain Roman Josi won the 2020 James Norris Trophy as the league’s top defenseman.

    NCAA

    University of Tennessee, Vanderbilt, University of Memphis

    Tennessee allows wagering on college games involving in-state teams (in-game college prop bets are not allowed). The University of Tennessee and Vanderbilt are members of the football-crazed SEC. The University of Memphis has three Final Four appearances in basketball.

    Nashville SC

    The latest addition to the state’s pro sports scene. The city was awarded an expansion franchise in December 2017 and began play in Major League Soccer in 2020. One of the top Eastern Conference teams in 2021.

    Why Place Bets Online?

    Online wagering is the only legal way to bet on sports in Tennessee. Aside from convenience, online wagering offers multiple advantages for bettors.

    Better value: Bettors who sign up with multiple Tennessee sportsbooks can easily compare and shop odds, allowing them to secure the best possible value on every wager.

    Live (In-game) wagering: There are literally hundreds of in-game wagering opportunities on many pro games. With online wagering, sports betting is no longer limited to pre-game and halftime bets.

    Bonus offers: Bonus offers are offered exclusively to online players. While most are geared toward signing up new accounts, reload or reduced juice bonuses are often available for existing players. Signing up with more than one TN sportsbook allows bettors to claim multiple bonuses.

    Latest Tennessee Online Casino News

    Bookies.com provides the latest updates and developments on Tennessee online casino and sports betting news. Bettors will also find up-to-date odds, sportsbook reviews and a variety of wagering tools and guides. And if there are changes to Tennessee law, we'll let you know.

    History of Sports Betting in Tennessee

    2016: Tennessee legislature passes bill legalizing Daily Fantasy Sports in Tennessee.

    2018: Tennessee Sports Gaming Act is introduced in Tennessee House to allow online-only sports wagering. Legislation undergoes several amendments.

    April 2019: Sports betting bill passes in House by 58-37 vote, then passes in Senate 19-12.

    May 2019: Tennessee becomes first state to legalize online-only sports wagering with no retail sportsbooks after Gov. Bill Lee allows bill to become law without his signature. Legislation officially becomes effective on July 1.

    November 1, 2020: First legal online sports bet is placed and accepted.


    Latest Tennessee Sports Betting Numbers

    TENNESSEE SPORTS BETTING, AUGUST vs. JULY

    Total Handle Gross Payouts Adj. Gross Income
    August $144.5M$131.3M $10.1M
    July $144.5M $129.4M $13.4M
    Change Even Up 1.5% Down 24.6%

    Updated Sept. 27

    LATEST NEWS: Tennessee Steady with $144.5M August Sports Betting Handle



    Tennessee Online Sports Betting FAQs

    Is online sports betting legal in Tennessee?

    Yes. Online betting is the only form of legal sports wagering in Tennessee. The state has no casinos or brick-and-mortar sportsbooks and does not allow in-person sports betting.

    Are Tennessee sports betting sites safe?

    Yes, as long as they are licensed and regulated by the Tennessee Education Lottery Commission. Offshore sports betting sites work around state and federal laws, lack proper regulation and are not recommended.

    What are the sports bet bonuses in Tennessee?

    The most common welcome bonus offers are risk-free first bets and deposit matches. Bonus amounts reach as high as $5,000. All bonuses generally include some form of wagering requirement before the bonus money can be fully redeemed.

    What do I need to create an online sports betting account in TN?

    You must be 21 or older and provide information such as name, address, contact number and create a username and password.

    Is daily fantasy sports betting allowed in TN?

    Yes. Tennessee was the third state to legalize daily fantasy sports in 2016. All of the major fantasy sports operators, including DraftKings and FanDuel, operate in Tennessee.

    Is eSports betting allowed in TN?

    Yes. Wagering on eSports is legal in Tennessee.

    Will I need to be a TN resident to bet online?

    No. Bettors can set up a Tennessee sports betting account from anywhere. But you must be inside state lines to legally bet on sports in Tennessee.

    How will an online sportsbook know my location?

    Tennessee sportsbooks use geolocation technology to accurately track the location from where all wagers are placed. Wagers attempted from outside the state are denied access.

    Are all kinds of online wagering legal in Tennessee?

    In addition to sports betting, online wagering in Tennessee is permitted on daily fantasy sports and pari-mutuel horse racing.

    Will I need to pay taxes on my winnings in TN?

    Gambling winnings are considered taxable income, according to the IRS. The good news is, Tennessee has no state income tax.

    About the Author

    Chet Fussman for Bookies.com
    Chet Fussman
    Chet Fussman is a former horse racing writer and longtime sports editor of the Florida Times-Union in Jacksonville is a poker and blackjack player and frequent sports bettor.