Tennessee Sports Betting

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Tennessee Sports Betting

Tennessee sports betting is on the the rise already in 2022. The Tennessee Sports Wagering Advisory Commission (SWAC), which oversees the licensing and regulation of online sports wagering in Tennessee, reported that a record $386.1 million was wagered in-state in January. February and March checked in just below that, still very impressive.

If you are looking to get in on the action, you should know that sportsbooks in Tennessee are unique in the US because they’re online-only. That means no in-person betting at retail sportsbooks.

So, if you are looking for the best sports betting apps in Tennessee, you’ve come to the right place. We will discuss all eight Tennessee sports betting apps in Tennessee, and we will point out our top four, breaking down their best features and discussing their welcome promos. With our help, you will have no problem finding the best fit for placing your wagers on the NBA, NFL, MLB, NHL, or on any other sporting event in the US (and beyond).

Editors’ Choice: Best Sports Betting App In Tennessee By Category

 

Reviews Of Best Tennessee Sports Betting Apps May 2022

Best for DFS Players

at DraftKings Sportsbook Tennessee

Available On: iOS, Android, Web Browser

States Accepted: AZ, CO, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV & WY

Best for DFS Players

DraftKings Sportsbook TN

Free Bet Bonus

$50

With $5 Deposit

Deposit Bonus

$1,000

20% up tp $1000

Licensed by

TN Lottery

DraftKings Sportsbook presents one of the top overall sports betting platforms in the US. The selection of sports and ways to bet puts the platform in an elite class among legal online sports betting sites.

As the official betting partner of the Nashville Predators, bettors on the NHL will find a lucrative home at DraftKings Tennessee Sportsbook. But you’ll also find incredible promotions and betting opportunities across all major sports, including the NFL, MLB, and NBA.

The welcome bonus at DraftKings Sportsbook comes in the form of a 20% deposit match up to $1,000. New bettors signing up can also get a $50 free bet with a $5 deposit. Also, a $100 referral bonus awaits bettors who bring new players to DraftKings Sportsbook Tennessee.

  • Best Features: Top-tier selection of betting markets and deposit/withdrawal options
  • Best deposit option: PayPal
  • Other deposit methods: ACH/eCheck, credit/debit card, DraftKings Play+
  • Official Sports Betting Partner of the Nashville Predators

TERMS AND CONDITIONS APPLY & 21+

Best for Overall Experience

at BetMGM Tennessee

Available On: iOS, Android, Web Browser

States Accepted: AZ, CO, DC, IN, IA, MI, MS, NV, NJ, PA, TN, VA, WV & WY

Best for Overall Experience

BetMGM Tennessee

Risk-Free Bet

$1,000

On First Bet

Licensed by

TN Lottery

BetMGM is the official sports betting partner of the Tennessee Titans. That doesn’t just mean you’ll see BetMGM branding featured prominently at Nissan Stadium. It also makes BetMGM Tennessee Sportsbook the top choice for betting on the NFL, including Super Bowl odds on the upcoming 2022 Super Bowl LVI.

Right now and all season, sports bettors can bet on NFL futures. This is on top of the points spread, moneyline, totals, parlays, and prop bets you can place on every game of the NFL at BetMGM. If you think the Titans are going far this year, BetMGM Tennessee had them at +2000 to win Super Bowl LVI at the start of the season, and +1000 to win the AFC Conference title.

BetMGM welcomes new players with a risk-free bet up to $1,000. Other promotions include risk-free player prop bets on which player will score first in select NFL games.

  • Best Features: A wide selection of sports and betting options
  • Best deposit option: PayPal
  • Other deposit methods: ACH/eCheck, credit/debit card, Play+
  • Official Sports Betting Partner of the Tennessee Titans

TERMS AND CONDITIONS APPLY & 21+

Best For New Bettors

at Caesars Sportsbook TN

Available On: iOS, Android, Web Browser

States Accepted: AZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA, WV

Best For New Bettors

Caesars Tennessee

Up To

$1,100

First Bet Insurance

Licensed By

TN Lottery

Caesars Sportsbook originally launched as William Hill in Tennessee, but the sportsbook underwent a name change after Caesars acquired William Hill in April. William Hill’s international reputation as one of the most respected and oldest sports betting companies only adds to the Caesars brand – one that is already well-known and first-rate in the industry.

Caesars is the official sports betting partner of the NFL as a whole. That deal comes with exclusive data and analytics, so the Caesars Sportsbook Tennessee apps should always be in your rotation when searching for the best NFL odds. This is especially true if you bet on teams outside of the Tennessee Titans (which partnered with BetMGM).

New players at Caesars Sportsbook Tennessee can claim up to $1,100 in first bet insurance using promo code TODAYCZR.

Great first bet insurance, biggest retail sportsbook footprint in US

TERMS AND CONDITIONS APPLY & 21+

Best for iOS & Android App

at FanDuel Sportsbook Tennessee

Available On: iOS, Android, Web Browser

States Accepted: AZ, CO, CT, IL, IN, IA, MI, NJ, PA, TN, VA & WV

Best for iOS & Android App

FanDuel Sportsbook TN

Risk-Free Bet

$1,000

On First Bet

Licensed by

TN Lottery

FanDuel Sportsbook Tennessee brings America’s most popular online sports betting brand to the Volunteer State. The features include a powerful app, tons of promotions, and an Odds Boost section that’s worth checking routinely.

At the time of writing this review, FanDuel Tennessee was offering +400 on DeAndre Hopkins or Stefon Diggs to Lead NFL in Receiving Yards for 2021-2022 Season, up from +340. That’s an additional $60 in winnings with a $100 bet.

However, FanDuel Sportsbook Tennessee is the official betting partner of the Memphis Grizzlies, making it the number one place for NBA betting.

FanDuel Tennessee welcomes new users with a risk-free bet up to $1,000 as a welcome bonus.

  • Best Features: A comprehensive selection of domestic, international, and niche sports
  • Best deposit option: PayPal
  • Other deposit methods: ACH/eCheck, credit/debit card, FanDuel Play+
  • Official Sports Betting Partner of the Memphis Grizzlies

TERMS AND CONDITIONS APPLY & 21+

Other Tennessee Sportsbook Apps

In total, the Tennessee Lottery has approved licenses for 12 companies to operate betting apps in Tennessee. So far, 9 have launched, with Bally Bet, Fubo Gaming, Betly, and SuperBook all coming soon.

Besides our top 4 listed above, here are the other 5 operators currently live in the Volunteer State:

WynnBET Tennessee (4.5/5)

  • Bonus: Bet $10, Win $200
  • Available as an Apple iOS app, Android app, and via desktop
  • Partnership with the Memphis Grizzlies, including a large presence in FedExForum

WynnBET is brought to you by the Wynn Casino brand, most notably for its Vegas casino. WynnBET is experiencing a huge expansion, launching sports betting apps in numerous states, including Tennessee. The WynnBET app launched in Tennessee on April 30, 2021.

TwinSpires Tennessee (4/5)

  • Bonus: Risk-free bet up to $1,000
  • Available as an Apple iOS app, Android app, and via desktop
  • Operated by Churchill Downs, most known for horse race betting apps across the US

Churchill Downs owns and operates Twinspires, which was known as BetAmerica in several US betting markets. The TwinSpires Tennessee app launched in spring 2021. In addition to popular pro sports, TwinSpires offers wagers on NASCAR, MMA, tennis, golf, and soccer.

Tennessee Action 24/7 (4/5)

  • Bonus100% deposit match bonus up to $400
  • Available as an Apple iOS app, Android app, and via desktop
  • Locally owned and operated
  • All major domestic sports leagues open for betting
  • Best deposit option – Action 24/7 Play+
  • Other deposit methods – ACH/eCheck, credit/debit card

Tennessee Action 24/7 operates as a locally-owned and operated online sportsbook. This unique product competes with national powerhouses in Tennessee’s online sports betting market.

Tennessee Action 24/7 offers new players a 100% deposit match bonus up to $400. Terms and conditions apply. Other bonus offers include parlay insurance on selected games.

Barstool Tennessee Sportsbook (4/5)

  • Deposit Bonus: Risk-free bet up to $1,000
  • No-Deposit Bonus: $10 for registering an account
  • Available as an Apple iOS app, Android app, and via desktop
  • Incorporates the Barstool personalities
  • Tons of unique promotions
  • Best deposit options – PayPal, Online bank transfer

Barstool TN Sportsbook is tailored toward the fans of Barstool Sports, but all bettors will find something of interest in the promotions section. This sports betting app does a really good job of enticing customers with interesting deals that go beyond odds boosters. But you’ll find plenty of those too.

Plus, you can get a $10 bet just for registering an account, which makes it worth giving Barstool Sportsbook in Tennessee a try, if just for that offer. Terms and conditions apply.

Wagr Tennessee 

Wagr is a peer-to-peer betting platform that allows players to bet against their friends. So, rather than set the lines and take bets, it offers an easy way to set odds and put up money against those you’re connected with on the Wagr app. In other words, you don’t play against the house; you challenge other Wagr users.

The benefit, of course, is that Wagr handles all of the logistics for you. You don’t have to hound your friend to pay up on their bet. Plus, you can build a network, much like social media. You can challenge your connections, chat with them, and see their wagers against others.

Wagr does not offer a welcome bonus because the bets are against friends, not against the house.

All Tennessee Online Sportsbooks

SportsbookWelcome Bonus
DraftKings Sportsbook TN20% deposit match up to $1,000
BetMGM TennesseeRisk-free bet up to $1,000
Caesars Sportsbook TN$1,100 First Bet Insurance
FanDuel Sportsbook TNRisk-free bet up to $1,000
WynnBET TennesseeBet $10, Win $200
TwinSpires Tennessee$1,000 Risk-Free Bet
Tennessee Action Network 24/7100% deposit match up to $400
Barstool Sportsbook TN$1,000 Risk-Free Bet; $10 signup bonus
Wagr TennesseeN/A

Show Less

Tennessee Sports Betting Recent Updates

  • April 22, 2022:

    The Tennessee Sports Wagering Advisory Council (SWAC) reported a total sports betting handle of more than $370 million in March 2022, just short of the record set in January 2022.

  • April 8, 2022:

    The SWAC announced that they are suspending any betting on Russian and Belarusian leagues.

  • April 6, 2022:

    The SWAC released its rules for betting on the NFL Draft, which begins April 28th.

  • March 21, 2022:

    Operators in the Volunteer State took on over $313 million in sports betting handle in February 2022, according to the SWAC.

  • March 19, 2022:

    Tennessee’s men’s basketball team lost to Michigan, 76-68, ending March Madness earlier than expected for the Volunteers.

  • February 23, 2022:

    The Tennessee Sports Wagering Advisory Commission issued a report stating that a record $386.1 million was wagered in January.

     

     

  • January 26, 2022:

    SWAC reported that Tennessee sports betting saw more than $2.7 billion in total handle in 2021.

     

  • January 7, 2022:

    The Sports Wagering Advisory Council (SWAC) becomes the regulator for sports betting in Tennessee, taking over for the Tennessee Education Lottery.

Legal Sportsbooks in Tennessee

The arrival of legal sports betting in Tennessee brings secure, regulated wagering to the Volunteer State. Black market bookmakers and offshore gambling sites will always exist, but Tennessee bettors would be wise to stick with the legal options available in the state.

The Sports Wagering Advisory Council (SWAC) regulates the state’s legal betting sites. The oversight of the SWAC ensures transparency and accountability from the state’s online sportsbooks, mandating prompt payouts and secure transactions from operators. Illegal bookmakers and offshore sites don’t offer that same level of security.

Bettors must pay taxes on sports betting winnings, and legal sportsbooks will automatically withhold federal taxes on wins of $5,000 or more.

Tennessee Sports Betting Revenue

Tennessee sports betting set a new monthly record in January, according to the Tennessee Sports Advisory Wagering Commission, which reported a handle of $386.1 million. February and March weren’t quite that high ($313 million and $370 million, respectively), but they were still strong, showing high gains year-over-year.

More than $2.7 billion in sports bets were made in the state in 2021. Sportsbooks saw nearly $240 million in revenue, and the state coffers collected $39.3 million in sports betting taxes.

All in all, sports betting in the Volunteer State continues to show a great upward trajectory.

Tennessee Sports Betting Compared To Other US States

The Tennessee sports betting market presents a unique case among legal US sports betting states. Tennessee law allows for multiple sports betting operators to compete in the state despite not having any land-based casinos.

Without any land-based casinos, Tennessee’s sports betting rules allow brands to launch online-only mobile sportsbooks. Tennessee stands as the only state to operate in this fashion, as all other states allowing competition among brands also require that land-based casinos get a piece of the market.

Tennessee is the only state in the Southeast corner of the US to offer mobile sports betting (though some neighboring states, such as North Carolina, offer in-person sports betting.) This is of course, great news for Tennessee.  You don’t have to be a resident of Tennessee to bet there; you simply have to be within the borders. So, people who live in other states may cross the border into Tennessee to place bets, meaning more tax revenue for the Volunteer State.

The only state that borders Tennessee that offers mobile sports betting is Virginia. Kentucky legislature continues to debate sports betting, but so far, nothing is in place.

Other than Virginia, the states/areas closest to Tennessee that offer legal online sports betting are West Virginia, Indiana, Illinois, Louisiana, and Washington, DC. Ohio is expected to launch by the end of 2022 as well.

Tennessee Sports Betting Successes And Failures

Tennessee Sports Betting Successes

Tennessee realized early success when three of the industry’s most influential brands decided to operate in Volunteer State during the November 2020 launch. DraftKings, FanDuel, and BetMGM represent three of the most recognizable names in sports betting. They, along with Action 24/7, set the tone for the bright future of the Tennessee sports betting market. Caesars Sportsbook, another huge name in sports betting, subsequently joined the high-profile group in March 2021 (originally as William Hill.)

As a result, sports betting total in the Volunteer State remain extremely impressive, continually improving year over year.  

Where Tennessee Sports Betting Could Improve

Tennessee laws mandate that sportsbooks produce at least a 10% hold, starting in 2021. Operators that don’t hit this mark are subject to a $25,000 fine at the end of the year.

That fine might not amount to much in the multi-million dollar sports betting industry. It could, however, encourage sportsbooks to look for ways to achieve that 10% hold mark.

Setting lines that yield higher vig presents one way sportsbooks could pump up the hold margin. This approach isn’t optimal in the long term, however, as Tennessee bettors would be inclined to avoid the books utilizing such a strategy.

The Sports Betting Legalization Effort In Tennessee

The path to sports betting legalization in Tennessee played out as a relatively smooth process. The measure that eventually became the Tennessee Sports Gaming Act started as House Bill 1 in late 2018. The bill passed through the state House by a 58-37 margin, then the Tennessee Senate by a 20-12 mark. The sports betting bill went into law in May 2019 without a signature from Gov. Bill Lee.

Governor Lee objects to any further expansion of gambling in Tennessee, which currently doesn’t host any land-based casinos. Lee only allowed the bill to go into law because of the online-only operator model.

The Tennessee Sports Gaming Act allows multiple operators to compete as online-only sportsbooks in the state. Gross gaming revenue is taxed at 20%, and sportsbooks are subject to fines if they don’t yield at least a 10% hold.

Multiple Delays In Tennessee’s Sports Betting Launch

The actual launch of operations for Tennessee’s online sportsbooks didn’t quite play out as smoothly as the legislation process.

The Tennessee Education Lottery announced several different start dates for regulated sports betting. After multiple hiccups, sports betting finally went live in Tennessee on Nov. 1, 2020.

Timeline For Tennessee Sports Betting

  • April 2019 – The sports betting bill gets through both the Senate Finance, Ways and Means Committee, as well as the state House. The bill gets approved by a 58-37 margin in the House.
  • April 2019 – The Tennessee Senate votes 20-12 in favor of legal sports betting. This vote sends the Tennessee Sports Gaming Act to the desk of Gov. Bill Lee.
  • May 2019 – Gov. Lee chooses to not sign the bill but doesn’t veto the Sports Gaming Act. This inaction from Gov. Lee clears the final hurdle for sports betting legalization in Tennessee.
  • July 2019 – July 1, 2019, marks the first possible date for sports betting operators to launch in Tennessee. The language of the Sports Gaming Act allows sportsbooks to launch as online-only enterprises, without license agreements with land-based casinos.
  • November 2020 – After several false starts, Tennessee’s online sportsbooks go live. Four different sportsbooks (FanDuel Sportsbook, DraftKings Sportsbook, BetMGM, Tennessee Action 24/7) launch on Nov. 1, 2020.
  • March 2021 Caesars and TwinSpires launches in Tennessee.
  • November 2021 Law is passed that gives regulation of sports betting to the Sports Wagering Advisory Council instead of the Tennessee Education Lottery.
  • January 2022  The SWAC officially takes over for the TEL.

Legal Online Sports Betting In Tennessee

TN Sports Betting Final Score
Reader Rating6 Votes
Pro's
Mobile registration available
Excellent welcome bonuses with a competitive market
Licensed by the Tennessee Lottery
Con's
Hold requirements for sportsbooks(although currently not enforced)
4.3

Tennessee Sports Teams

Professional Sports Teams In Tennessee

Tennessee Titans

Tennessee’s NFL franchise currently enjoys one of the most successful sustained runs in team history. The Titans produced six straight winning seasons from 2016-2021. Tennessee is coming off a stellar 12-5 season in which the Titans earned the AFC’s No. 1 playoff seed. The Titans lost to the Cincinnati Bengals, 19-16, in the divisional round of the playoffs.

The team formerly known as the Houston Oilers relocated to Tennessee in 1997 and rebranded as the Titans in 1999. In that first season as the newly-named Tennessee Titans, the franchise went all the way to the Super Bowl.

BetMGM Sportsbook Tennessee is the exclusive sports betting partner of the Titans. Caesars Sportsbook is the official sports betting partner of the NFL as a whole. Those two platforms are excellent options for NFL bettors in Tennessee.

Nashville Predators

The NHL introduced the Nashville Predators in 1998, and in the past two decades, the team has enjoyed status as one of Tennessee’s most popular sports teams.

The Predators consistently sell out games at Bridgestone Arena, where the team has played since its inception. Nashville didn’t qualify for the playoffs in the team’s first five seasons, but since then the team has ridden a sustained wave of regular-season success.

Nashville has made the Stanley Cup Playoffs for eight straight seasons but have not won a series since defeating the Colorado Avalanche in the first round in 2018. The Predators were eliminated from the 2022 playoffs by the Avalanche, losing in the opening round. 

Memphis Grizzlies

Like the Titans, the Grizzlies moved from another city to establish a pro sports franchise in Tennessee. The Grizzlies moved from Vancouver to Memphis in 2001.

The Grizzlies lay claim to 12 playoff appearances since moving to Memphis, including a Western Conference finals berth in 2012-2013. They had the NBA’s second best record in the 2022 regular season but were eliminated by the Golden State Warriors in the conference semifinals.

Tennessee College Sports Teams

Tennessee Volunteers

The University of Tennessee stands as one of college football’s most storied programs. Recent years have resulted in less success than the team is used to.  However, that doesn’t stop the residents of Tennessee from cheering on their beloved Volunteers. Soon enough, it is likely that UT will be adding to their current collection of six national championships and 13 Southeastern Conference titles.

The Tennessee men’s basketball program emerged as a perennial contender in the SEC under coach Rick Barnes.

The Lady Vols’ women’s basketball program stands as one of the most successful programs in the history of women’s college basketball. The Lady Vols hold eight National Championships and have appeared in all annual editions of the NCAA Women’s Basketball Tournament.

Memphis Tigers

The University of Memphis Tigers men’s basketball program has forged a reputation as one of the most consistent programs in the NCAA over the past four decades. The Tigers have 21 NCAA Tournament appearances in that span. Memphis made a Final Four run in 2008, making it all the way to the championship game before losing to Kansas in overtime.  

Restrictions On College Sports Betting In Tennessee

Both NCAA football and basketball are open for betting at Tennessee sportsbooks. This includes almost all markets on in-state teams like the Volunteers and Tigers.

The only restrictions on college sports betting in Tennessee are a ban on in-game prop bets and a ban on individual player prop bets. All other types of bets are allowed.

How To Place A Sports Bet In Tennessee

Choosing A Sportsbook

Four different online sportsbooks went live on the first day of legal sports betting in Tennessee. Five more have since launched as well, with additional brands, like Betly, on the way in the Volunteer State.

Each sportsbook offers different bonuses, available betting markets, and odds. Check Gaming Today for the latest on which sportsbooks are live and what each offers in Tennessee.

Make Your First Deposit

Tennessee’s mobile sportsbooks allow rapid, secure deposits using several different methods.

PayPal, ACH/eCheck, credit/debit cards, and Play+ are available as deposit methods at most of the state’s sports betting sites. Each of these methods funds your account instantly, with PayPal offering the highest acceptance rate of all of these options.

Verifying Your Location

Tennessee’s mobile sports betting apps use geolocation services to determine your location. You can place wagers from anywhere in Tennessee, as long as the geolocation technology can determine you’re located within state borders as you’re placing your bet.

Registering An Account

New players will need to provide proof of age and identity, as well as a valid email address, to sign up for a new account at a Tennessee sportsbook.

Once these details are verified, you’re free to make your first deposit and start wagering.

Placing Bets

Placing a bet on a Tennessee sports betting app is pretty straightforward. Tennessee sportsbooks offer moneylines, point spreads, totals, parlays, props, and many other kinds of bets.

Online sportsbooks allow you to choose your bet by simply clicking on the team and wager you want to make. The bet then goes to your bet slip, and from there you can click again to confirm your wager.

Tennessee Sports Betting FAQs

Is online sports betting legal in Tennessee?

Yes, eight sports betting apps have launched in Tennessee. The Tennessee Sports Gaming Act went into effect in July 2019, legalizing online sports betting in the Volunteer State. 

Only online sports betting is allowed in Tennessee, as land-based casino gambling isn’t legal. The online-only business model makes Tennessee a unique market among US states.

How old do I have to be to bet online in Tennessee?

21 or older. The minimum age to place an online sports bet in Tennessee is 21 across all legal online sportsbooks.

Is it legal to bet on college sports in Tennessee?

Yes. All college sports, including in-state programs like the Tennessee Volunteers and Memphis Tigers, can legally be wagered on in Tennessee.

The only exceptions are in-game prop betting and individual player props. These are not allowed under Tennessee law.

Who regulates online sports betting in Tennessee?

The Sports Wagering Advisory Council (SWAC) regulates Tennessee’s sports betting industry.

All legal online sportsbooks must be approved by the SWAC. The SWAC also oversees and audits all legal sportsbooks in Tennessee, ensuring transparency and accountability from all approved sportsbooks.

Can I wager on my iPhone in Tennessee?

Yes. DraftKings, BetMGM, Caesars, and FanDuel all offer iOS apps as well as Android apps and web-based platforms. These apps can be found as free downloads in the App Store/Google Play.

Do I need to be a resident of Tennessee to bet online?

No. You just need to be located within Tennessee borders at the time of a wager for the bet to go through.

Visitors from other states are free to wager at Tennessee’s online sportsbooks without any kind of residency requirement. This includes bettors from neighboring states that want to place legal online bets.

More Resources On Tennessee Sports Betting

About the Author

Kris Johnson

Writer & Contributor
With more than 15 years of experience as a sports journalist, Kris Johnson’s work has appeared in Sports Business Daily, Sports Business Journal, NASCAR Illustrated, and more. Kris also wrote a sports-betting novel entitled The Endgame.

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