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Best Tennessee Sportsbooks -Top TN Sports Betting Sites Sep 2022

Betting is live in Tennessee

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Up to $1,250 on Caesars + 1,000 Tier Credits + 1,000 Reward Credits
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Must be 21+ to participate. T&Cs apply.

Must be 21+ to participate. T&C apply.

Must be 21+ to participate. T&C apply.

Must be 21+ to participate. T&Cs apply.

What Are The Best Tennesee Sportsbooks

Our three top-rated Tennessee sportsbooks are DraftKings TN, BetMGM TN, and Caesars TN Sportsbook. All are major national sports betting operators and offer Tennessee bettors a comprehensive selection of betting lines, in-game wagers, competitive bonus offers and and overall exquisite user experience. A closer look at each:

DraftKings Tennessee Sportsbook

One of the most recognized brands in sports betting. DraftKings Tennessee offers TN bettors to Bet $5+ On NFL Or College Football, Get $200 In Free Bets, multiple daily promotions and one of the most player-friendly Tennessee sportsbooks. DraftKings is an active player in Tennessee sports betting: 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

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Caesars Tennessee Sportsbook

Caesars Sportsbook Tennessee went live in the Volunteer State in March 2021. Tennessee Caesars' has grown exponentially since buying William Hill in April of 2021 and is now operating in 16 states, plus the District of Columbia. Its promotions and rewards are top notch, and the Caesars promo code BOOKIESFULL is offering a first bet insurance up to $1,250 (if it loses), plus 1,000 Tier Credits and 1,000 Rewards Credits. Just make a bet of at least $10 and, if it loses, you'll get that initial amount back (up to $1,250). You'll receive the free bet two business days after your bet is graded a loser. You will have seven days to use the free bet. The Tier Credits and Reward Credits will be in your account seven days after your bet is graded a loss.
Caesars

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BetMGM Tennessee Sportsbook

The Tennessee Titans in 2020 announced BetMGM Tennessee as the state’s first-ever official sports betting partnership between a pro sports team and sports betting platform. TN BetMGM, the online division of gaming giant MGM Resorts, offers Tennessee new account holders a BetMGM risk-free bet 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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DraftKings Tennessee

A heavyweight in sports betting and daily fantasy sports with a top-rated online platform and sportsbook. DraftKings Tennessee sportsbook offers a wide range of daily promotions, low minimum wagers and plenty of in-game betting options. TN DraftKings current promo is Bet $5+ On NFL Or College Football, Get $200 In Free Bets.

BetMGM Tennessee

Well-known brand offers huge betting menu and Tennessee betting site that is easy to use. BetMGM TN is a sports betting partner with nearly all of the major U.S. sports leagues. The BetMGM Tennessee sportsbook offers free live streaming on just about every game. Now BetMGM is offering a risk-Free Bet Up To $1,000. Using the 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 in the TwinSpires online Tennessee sportsbook are eligible for up to $1,000 in welcome bonus bets, a wide range of promotions and an early cash out feature.

    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. Caesars Tennessee sports betting current offer is a first bet insurance up to $1,250 plus 1,000 in tier credits and rewards.

    FanDuel Tennessee

    One of the biggest sports betting providers in North America and among the leaders in every state it operates. FanDuel Tennessee online sportsbook is highly rated and offers bettors a $1,000 No Sweat First Bet promotion, FanDuel Tennessee is A popular brand with a wide range of deposit and withdrawal options.

    WynnBET Tennessee

    The online gaming division of Wynn Resorts entered the Tennessee market in April 2021. The WynnBET Tennessee sportsbook 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.

    Action 24/7 Tennessee

    Offers TN bettors a hometown alternative. The Nashville-based Action 24/7 Tennessee sportsbook betting 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 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 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 best Tennessee sportsbooks 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:

    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 In Tennessee

    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.

    Tennessee Sports Betting Updates

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

    Tennessee sports betting 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 betting users have access to nine Tennessee sportsbooks, two of which were approved to join the marketplace in September 2021. Several more top TN betting sites 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.

    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 Methods In TN

    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 For TN Sports Bettors

    Tennessee sports betting is all about the online experience. Your Tennessee betting sportsbooks 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 online sportsbook, the more intuitive it should be.

    List of Betting Odds For TN Sports Bettors

    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 In Tennessee

    The action doesn't stop when the puck is dropped or the ball is kicked off. The best Tennessee betting sites 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 For TN Sports Bettors

    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 For Tennessee Customers

    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 Tennessee sportsbook apps. The Tennessee sportsbooks 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 sites 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.

    When Will Land Sportsbooks Open In Tennessee?

    Currently there are no land sportsbooks that are open in Tennseee. Sports bettors in Tennssee only have one option and that is to bet on online sportsbooks. There are no plans right now to include land sportsbooks in Tennssee, but Bookies.com will keep you up to date if they plan on lanuching.

    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 2022 season at 34-1 odds to win Super Bowl at FanDuel Sportsbook TN.

    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 Western Conference Semi Finals of the 2021-22 playoffs but have one of the league’s top young players in guard Ja Morant.

    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 2022.

    Why Place Bets Online In Tennessee?

    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, APRIL vs. MARCH

    Total Handle Gross Payouts Adj. Gross Income
    April $292.797M$265.654M $23.246M
    March $386.060M $343.710M $22.751M
    Change Down 20.9% Down 22.7% Up 2.2%

    Updated May 26



    Tennessee Sports Betting FAQ

    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 $1,100. 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, 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.