Best Tennessee Sports Betting Sites

After the overturn of PASPA (the Professional and Amateur Sports Protection Act) by the Supreme Court in 2018, online sports betting became legal in Tennessee. Today, you can place wagers on various sporting events through mobile apps and betting sites.

We'll take a look at at a number of licensed Tennessee betting sites, including their sports promos, mobile apps, and unique features for Tennessee bettors.

With the availability of online-only betting platforms, Tennessee residents enjoy the convenience of betting on their favorite sports teams anytime, anywhere. As the market continues to grow, bettors can rely on these legal sportsbooks for a wide range of choices when placing bets on both local and international sports events.

Ready to find out about legal sports betting in Tennessee? Keep reading to find out more.

Best Legal Tennessee Sportsbooks in 2024

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	Name	Score	Play Now	Welcome Bonus	Sports	Payout Speed	Payment Methods	Disclaimer
	1BetMGM Sportsbook Read Review	9.8	Claim OfferBetMGM.com	Bet $5 Get $158 in Bonus Bets	20+	3-8 Days	Cash, Venmo, PayPal, Bank Transfer, Apple Pay, Play+	Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in the state you're wagering in. T&C Apply.
	2Caesars Sportsbook Read Review	8.8	Claim OfferCaesars.com	Get Your First Bet Back If It Loses - up to $1,000		Hours - 5 Days	Cash, Venmo, PayPal, PayNearMe, Play+, ACH Transfer, Visa, Mastercard	Must be 21 or older to gamble. Know When To Stop Before You Start.® Gambling Problem? If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER (1-800-426-2537).
	3DraftKings Sportsbook Read Review	9.4	Claim OfferDraftKings.com	Bet $5 Get $150 in Bonus Bets Instantly!	25+	Hours - 5 Days	Cash, Venmo, PayPal, Apple Pay, Play+, ACH Transfer, Visa, Mastercard	Gambling problem? Call or TEXT 1-800-GAMBLER. Must be 21+ and present in CO. T&C Apply.
	4FanDuel Sportsbook Read Review	9.6	Claim OfferFanDuel.com	Bet $5 Get $200 In Bonus Bets If Your Bet Wins	18+	Hours - 5 Days	Cash, Venmo, PayPal, Apple Pay, ACH Transfer, Visa, Mastercard	Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY).
	5WynnBET Read Review	9.0	Claim OfferWynnBET.com					21+. Full T&Cs apply.

Tennessee Sports Betting Overview

Here's a quick rundown of the most important facts about sports betting in Tennessee.

Key Takeaways

• Tennessee sports betting is exclusively online, offering convenience and diverse betting options.

• Bettors can take advantage of sign-up bonuses and promotions on mobile apps.

• Gambling winnings are only taxed at the federal level in Tennessee once they reach over $5,000.

Is Sports Betting Legal in Tennessee?

Yes, sports betting is legal in Tennessee under certain conditions: you must be over 21 years of age, you must only bet at legal online sportsbooks. Below is a little more information on the laws surrounding sports betting in Tennessee.

Who Regulates Sports Betting in Tennessee?

The Tennessee sports betting market is regulated by the Sports Wagering Advisory Council (SWAC) and the Tennessee Education Lottery Corporation (TEL). SWAC is responsible for providing recommendations and guidance related to sports betting, while the TEL oversees the licensing and enforcement of sports betting operators.

What Are the Tennessee Sports Betting Laws in 2024?

As of 2024, online sports betting is legal in Tennessee. It became legal in May 2019 when Gov. Bill Lee allowed the Sports Gaming Act to become law without his signature. Since the law’s enactment, Tennessee has permitted only online and mobile app betting, with no physical sportsbooks allowed in Tennessee.

Tennessee’s sports betting regulations include:

• Operators must obtain a Tennessee sports betting license from the TEL

• Minimum age of 21 for bettors

• No betting on college prop bets or high school sports

• Official league data must be used for in-play betting

For a detailed overview of the rules, regulations, and standards, you can refer to the Tennessee Sports Wagering Act and Rules.

List of Recent Legal Tennessee Updates to Sports Betting

Here are some recent updates related to sports betting in Tennessee:

• 2019: The Sports Gaming Act becomes law, legalizing online sports betting in Tennessee.

• November 2020: Tennessee officially launches legal online sports betting with several licensed operators, including the popular BetMGM.

5 Best Sports Betting Sites in Tennessee Reviewed

In Tennessee, sports betting is legal, and there are several top online sportsbooks to choose from. Here we present you with the five best sports betting sites in Tennessee.

• Best Tennessee Betting Site for In Play Betting: BetMGM

• Best Tennessee Betting Site for VIPs: Caesars

• Best Tennessee Betting Site for Bonus Bets: DraftKings

• Best Tennessee Betting Site for Competitive Odds: FanDuel

• Best New Tennessee Sports Betting App: Fanatics

BetMGM Sportsbook

BetMGM - Best Arizona Betting Site for In Play Betting

BetMGM is licensed to offer its sports betting services in Arizona, and bettors have access to major North American leagues and collegiate sports. Residents of Arizona can download the reliable BetMGM app, a handy tool for in-play betting on over 20 sports, and depositing funds through secure payment methods.

BetMGM is not short-changing Arizona players in the bonus department, providing competitive promotions such as a tempting $1,000 in Bonus Bets, packed as a welcome deal.

BetMGM Overview

Welcome Bonus	Up to $1,000 bonus back for your first bet
Licences	Arizona Department of Gaming, Colorado Department of Revenue, Illinois Gaming Board, Indiana Gaming Commission, Iowa Racing and Gaming Commission, Kansas Racing and Gaming Commission, Louisiana Gaming Control Board, Maryland State Lottery & Gaming Control Agency, Michigan Gaming Control Board, Nevada Gaming Commission, New Jersey Division of Gaming, New York State Gaming Commission, Ohio Lottery, Pennsylvania Gaming Control Board, Tennessee Sports Wagering Advisory Council, Virginia Lottery, West Virginia Lottery, Wyoming Gaming Commission
Sports	Soccer, Basketball, Baseball, Football, Boxing, Tennis, Motor Sports, Golf, Rugby, Hockey, Darts, MMA
Payment Methods	Visa, Mastercard, Discover, PayPal, Skrill, Play+, PayNearMe, ACH/VIP Preferred e-check, Bank Transfer, Apple Pay, Gift Cards
Mobile App	Android & iOS
Year Founded	2018

What We Like & Dislike About BetMGM

Pros

• Established US sportsbook
• Live streaming of sports events
• Player-friendly wagering requirements
• Renowned banking methods

Cons

• Outdated design of the desktop version
• Long payouts procedures

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Caesars Sportsbook

Caesars - Best Arizona Betting Site for VIPs

Caesars Sportsbook inspires confidence in Arizona bettors by partnering with popular leagues and celebrities. However, the ultimate seal of approval stems from the gambling license issued by the proper authorities in Arizona, ensuring a safe online gambling experience.

Players from Arizona can start betting on their preferred sports with a boost from the operator, packed as a 100% match up to $1,250 as Bet Credit. The bonus bets are eligible for wagering on 20 sports and hundreds of domestic and international competitions.

Caesars Overview

Welcome Bonus	100% bonus match up to $1,250 if you lose your first bet of $10 or more
Licences	Colorado Division of Gaming, Arizona Department of Gaming, Illinois Gaming Board, Indiana Gaming Commission, Iowa Racing and Gaming Commission, Kansas Racing and Gaming Commission, Louisiana Gaming Control Board, Maryland State Lottery & Gaming Control Agency, Michigan Gaming Control Board, Mississippi Gaming Commission, Nevada Gaming Commission, New Jersey Division of Gaming Enforcement, New York State Gaming Commission, Ohio Lottery, Pennsylvania Gaming Control Board, West Virginia Lottery, Virginia Lottery, Wyoming Gaming Commission
Sports	Football, Basketball, Hockey, Golf, Soccer, Tennis, Motor Sports, Boxing, MMA, Horse Racing, Cricket, etc.
Payment Methods	Visa, Mastercard, Discover, PayNearMe, PayPal, ACH e-check, Play+, Skrill, Wire Transfer, Online Banking, Caesars Prepaid Card
Mobile App	Android & iOS
Year Founded	2021

What We Like & Dislike About Caesars

Pros

• Live streaming of sports matches
• Micro-betting options
• SGP bonuses
• Multi-tier VIP club

Cons

• A limited selection of niche sports
• Cumbersome design

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DraftKings Sportsbook

DraftKings - Best Tennessee Betting Site for Bonus Bets

DraftKings is licensed to operate in Tennessee and is the official partner of the NFL, NHL, NBA, PGA Tour, and UFC. In total, 24 different sports are on the menu in Tennessee, with hundreds of leagues. Aside from traditional sports, DraftKings also offers DFS betting in Tennessee.

Registered members receive a free sportsbook app. Plus, loyalty gets rewarded with access to the Dynasty VIP Club, where exclusive bonuses and invites to special events await bettors from Tennessee. At the moment, there's a bet $5 get $200 offer on for new customers only. So there's never been a better time to sign up.

DraftKings Overview

Welcome Bonus	Up to $150 in bonus bets after making your first $5 bet
Licences	Arizona Department of Gaming, Colorado Department of Revenue, Illinois Gaming Board, Indiana Gaming Commission, Iowa Racing and Gaming Commission, Kansas Racing and Gaming Commission, Louisiana Gaming Control Board, Maryland State Lottery & Gaming Control Agency, Michigan Gaming Control Board, Nevada Gaming Commission, New Jersey Division of Gaming, New York State Gaming Commission, Ohio Lottery, Oregon Lottery, Pennsylvania Gaming Control Board, Tennessee Sports Wagering Advisory Council, Virginia Lottery, West Virginia Lottery, Wyoming Gaming Commission
Sports	Football, Baseball, Basketball, Soccer, Boxing, Tennis, MMA, Golf, Hockey, Cricket, Motor Sports, Darts, Snooker, Skateboarding, Volleyball, Cycling, Handball, Lacrosse
Payment Methods	Visa, Mastercard, PayPal, Venmo, VIP Preferred, Wire Transfer, DraftKings gift card
Mobile App	Android & iOS
Year Founded	2012

What We Like & Dislike About DraftKings

Pros

• First deposit match-up bonus of up to $1,000
• No fees on withdrawals or deposits
• Latest SSL encryption
• Reliable payment providers

Cons

• A payout can take up to 5 days
• Customer support needs improvement

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FanDuel Sportsbook

FanDuel - Best Tennessee Betting Site for Competitive Odds

FanDuel makes Tennessee one of its bases in an ever-expanding network of sportsbooks. Residents of Tennessee can legally open an account and wager on any of the over 20 traditional sports betting markets or indulge in daily sports fantasy betting, a FanDuel specialty.

This signup offer is consistent across all US states, and bettors in Tennessee can snag a Risk-Free bet of up to $1,000. The minimum qualifying wager is $10. FanDuel is one of the most reliable Tennessee sportsbooks.

FanDuel Overview

Welcome Bonus	Up to $1,000 risk free bet
Licences	Arizona Department of Gaming, Colorado Department of Revenue, Illinois Gaming Board, Indiana Gaming Commission, Iowa Racing and Gaming Commission, Kansas Racing and Gaming Commission, Louisiana Gaming Control Board, Maryland State Lottery & Gaming Control Agency, Michigan Gaming Control Board, New Jersey Division of Gaming Enforcement, New York State Gaming Commission, Ohio Lottery, Pennsylvania Gaming Control Board, Tennessee Sports Wagering Advisory Council, Virginia Lottery, West Virginia Lottery, Wyoming Gaming Commission
Sports	Football, Basketball, Boxing, Baseball, MMA, Soccer, Tennis, Golf, Motor Sports, Hockey, Cricket, Cycling, Snooker, Handball
Payment Methods	Visa, Mastercard, PayPal, Apple Pay, Venmo, ACH check, PayNearMe
Mobile App	Android & iOS
Year Founded	2009

What We Like & Dislike About FanDuel

Pros

• Plenty of secondary sports markets
• Generous welcome bonus
• Boosted odds available
• Responsive mobile apps

Cons

• Lack of a rewards program
• Live chat response is slow

Read ReviewPlay Now

Fanatics Sportsbook

Fanatics - Best New Tennessee Sports Betting App

Fanatics Sportsbook is a brand new sports betting app that's launching in the state of Tennessee. It's backed by the famous sports apparel company, Fanatics, so you already know it's a name you can trust. The betting platform is only available on mobile, but we think the quality of the app could be enough to convince even the most die-hard desktop bettor.

Aside from its slick mobile app, there are a couple of ways that Fanatics Sportsbook stands out from the crowd. The first is its withdrawal tracker, which allows you to see how your withdrawal is making its way to you in real time. The second is its loyalty program that rewards you in FanCash. This clever tool gives you FanCash for making purchases through the clothing store, which can be redeemed as bonus bets. The perfect way to kit yourself out and boost your bankroll.

Fanatics Overview

Welcome Bonus	Bet $10 get $200 in bonus bets
Licences	Colorado Division of Gaming, Connecticut State Department of Consumer Protection, Iowa Racing and Gaming Commission, Kentucky Horse Racing Commission, Maryland State Lottery & Gaming Control Agency, The Massachusetts Gaming Commission, Ohio Lottery, Pennsylvania Gaming Control Board, Tennessee Sports Wagering Advisory Council, West Virginia Lottery, Vermont Department of Liquor and Lottery, and Virginia Lottery
Sports	Football, Basketball, Hockey, Golf, Soccer, Tennis, Motor Sports, Boxing, MMA, Horse Racing, Cricket, etc.
Payment Methods	PayPal, Online Bank Transfer, Credit/Debit Cards, Venmo, Apple Pay, Wire Transfer, Cash at Retail Location
Mobile App	Android & iOS
Year Founded	2023

What We Like & Dislike About Fanatics

Pros

• Great FanCash rewards program
• Backed by a trusted company
• Top of the range mobile apps
• Excellent welcome bonus value

Cons

• Still a very new platform
• Still being rolled out in some states

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How We Rate Betting Sites

In order to bring you the best betting apps in your state, it's important to have stringent criteria to evaluate them on. Below are the most important criteria we use to decide which online sports betting sites make the cut.

• Licence and Legality: It goes without saying that we only recommend legal sports betting sites. This means that they have the correct licences to operate in Tennessee.

• Banking and Payout Speed: It’s essential that Tennessee sports betting platforms have a choice of payment providers. We look for credit and debit cards, e-wallets, and bank transfers. We also look for fast payouts, ideally within 48 hours.

• Security, Safety & Customer Support: A licence is enough to determine that a site is safe. However, we also look for SSL encryption and customer reviews. This helps us to find the sportsbooks that really stand out.

• Range of Sports: We require all online sportsbooks to cover popular leagues like the NBA, MLB, and NHL, as well as lesser-known sports and international events. This ensures that you have access to a wide array of betting options, from major games to niche events.

• Bonuses and Promotions: We look for a great welcome bonus, with the addition of regular promos for existing customers. We also check the terms of each bonus to make sure they are fair, as well as good value.

• Odds: Competitive odds are so important. We compare odds across sportsbooks to make sure you're getting good value on every bet.

What's Happening in Tennessee? Sports Betting News & Updates

Minor League Baseball, June - September 2024

When it comes to minor-league baseball, there are few states that can rival Tennessee. There are 2 Triple A and 3 Double A affiliate teams in the state and getting to watch them is a treat. The minor league baseball season is a little shorter than the major league one, but there's still ample time to secure yourself a seat.

• Catch Triple A teams: The Memphis Redbirds and Nashville Sounds

• Catch Double A teams: The Chattanooga Lookouts, Jackson Generals, and Tennessee Smokies

Visit Knoxville Open, May 2024

The Visit Knoxville Open is a pivotal point in the golfing calendar. Competitors on the Korn Ferry Tour will vie for their PGA Tour cards in this two day event. This particular PGA qualifier is a great place to come and watch both professionals and amateurs at work. There are stunning views of the Great Smokey Mountains, and being a smaller event you can guarantee a great view of the golfers.

Big Machine Music City Grand Prix, September 2024

After several successful years, the NTT INDYCAR SERIES returns again to Nashville. Here, they will find their 2024 champions at the Big Machine Music City Grand Prix. The race itself is held on a temporary street circuit, literally bringing the streets of Nashville to life. As cars zip around the Nissan Stadium and Memorial Bridge, you can enjoy live music, street food, and of course, racing.

Fun fact: This is the only race of its kind in the world to traverse a large body of water.

Tennessee Sports Betting News

Want to find out more about betting on some of the events shown above? Or some events where Tennessee's major league teams are playing? Check out our advice below.

Best Sports Promo Codes & Bonuses in Tennessee

There are loads of different promotions that you can enjoy while betting in Tennessee. But remember, you can only use sportsbook bonuses, not casino ones. Below are some of the different types of bonus that you can expect to find in Tennessee.

Tip: Looking for the most recent promo codes? Check out our regularly updated guided to sports betting promo codes.

Bonus Bet

Also known as a risk free bet, bet tokens, or a free bet. A bonus bet is simply a bet that you can place (usually) on any sport. Your stake is paid for by the sportsbook as a gift to you.

First Bet Insurance

Also known as a first bet safety net, or a second chance bet. This bonus allows you to have your stake refunded if you place a bet and it loses. It's usually offered on your first bet with a new sportsbook.

Parlay Insurance

This kind of bonus offer allows you to 'insure' certain legs of a parlay, or same-game parlay. This means that if one leg fails, your parlay is still paid out but at a lower rate.

Deposit Match Bonus

Also called a match bonus, matched bonus, or bonus cash. The deposit match bonus sees the sportsbook match your initial deposit, giving you (usually) twice as much money to bet with. Most deposit match bonuses are a 100% match, some are more, others less.

No Deposit Bonus

A no deposit bonus is where the sportsbook gives you a bonus simply for signing up. You don't need to make a deposit in order to be eligible. It could take the form of a bonus bet, or free cash.

Boosted Odds

Boosted odds, or odds boosts tend to be given to existing customers. They increase the odds on big sporting events, leading to higher payouts.

Below are some of the best Tennessee online sportsbook offers available right now.

These are just a handful of the best sign-up bonuses for Tennessee betting sites in April, 2024.. These bonuses can change at short notice, but were correct at the time of writing. For even more bonuses, check out our guide to sports betting promo codes.

Sports Betting Bonus Terms and Conditions

Before you claim any bonus, it's important to be aware of any terms and conditions that come along with it. Below are some of the most common terms that you'll find relating to the sports bonuses we discussed above.

Wagering Requirements

Often bonuses are subject to wagering requirements. These are how many times you need to wager the bonus amount before you can withdraw winnings. Usually, sports promos in Tennessee have 1x wagering requirements, meaning you wager the bet once and can withdraw your winnings. Look out for higher wagering requirements as they can be difficult to complete.

Minimum Odds

This refers to the minimum price a bet needs to be to qualify for the bonus. Rarely will you be able to bet on the short priced favorite with a bonus bet.

Maximum Win

This is the absolute maximum amount you can win when using a promo or bonus. Look for high maximum win caps in the bonus terms.

Expiry Date

Most bonuses have an expiry date, after which they are void. Long expiry dates give you plenty of time to find the right bet to place. If your bonus has wagering requirements attached then you must complete these before the expiry date.

Are There Free TN Sports Betting Platforms?

Yes and no. There aren't any sports betting platforms that allow you to win real money without wagering anything at all. However, you can take advantage of promotions and bonuses to bet for free. Below are some of the sportsbooks that offer free bets.

Tip: Fanatics Sportsbook is coming to Tennessee soon. If you want to hear about the latest free bets and bonuses then sign up at Fanatics Sportsbook.

Land-Based Tennessee Sportsbooks

Tennessee is unusual among states because it does not offer retail sports betting. Generally speaking, most states offer land-based sportsbooks over online ones, but Tennessee bucks the trend. In TN it is only legal to bet online.

This means that if you want to place a bet, you should sign up to a Tennessee online sportsbook or a mobile sports betting app.

Best New Sportsbooks in Tennessee

New sportsbooks are popping up all the time in Tennessee, but there are some that stand out from the rest. We're particularly excited about the new Fanatics app that is set to launch in Tennessee this year. This online sports betting app is backed by sports apparel company Fanatics and invites Tennessee bettors to place wagers in a convenient and streamlined mobile package.

Some of its most useful features include:

• A withdrawal tracker (see live updates on your payouts)

• FanCash (collect FanCash for buying apparel and merchandise in the Fanatics store to use as free bet tokens)

If you'd like to sign up early and get the info as it goes live then you can register for the Fanatics app here. Alternatively, take a look at some other new Tennessee sportsbooks below.

Online Sports Betting: How Does it Work in Tennessee?

Online sports betting is regulated in Tennessee by the Tennessee Education Lottery (TEL). They are in charge of all sports betting platforms, whether online, mobile, or even fantasy sports.

If you want to place bets in Tennessee then you must be over 21 years of age, be physically present in the state of Tennessee, and should only bet through online providers with a license from the TEL.

Below are all of the different ways that you can place bets in Tennessee, with a quick explainer for each.

Sports Betting Platforms in Tennessee

In Tennessee, sports betting is allowed exclusively online and on mobile platforms. There are no physical sportsbook locations in Tennessee. Since the implementation of the Tennessee Sports Gaming Act, several online sportsbooks have launched to cater to the needs of sports bettors in the state. Some popular options include Caesars, FanDuel, and DraftKings.

Mobile Sports Betting Apps in Tennessee

Mobile betting apps have become the go-to for residents interested in sports betting in Tennessee. These apps offer a convenient way to place sports bets on a wide variety of sports from the comfort of your home or on the go. Some widely-used options in Tennessee include:

• Caesars: With a generous welcome bonus and a user-friendly interface, Caesars has quickly become a popular choice for Tennessee sports bettors.

• FanDuel: Known for its daily fantasy sports offerings, FanDuel has expanded into the sports betting market and offers competitive odds and an easy-to-navigate app.

• DraftKings: Another popular daily fantasy sports operator, DraftKings offers a comprehensive betting platform with a broad selection of sports and betting options.

Sports Betting Shops in Tennessee

There are currently no brick-and-mortar sports betting shops in Tennessee, as the state has opted for a strictly online and mobile betting market.

Fantasy Sports in Tennessee

Tennessee residents can participate in daily fantasy sports (DFS) offered by major operators, such as FanDuel and DraftKings. These platforms allow users to create their own fantasy sports teams and compete against other players for cash prizes. Playing DFS is a popular alternative to traditional sports betting in Tennessee.

Tennessee Sports Betting Markets

There are lots of different options for sports betting in Tennessee. Let's take a look at some of the most common types of sports wager below.

Moneyline

Moneyline betting is simply backing one team to win. You can place moneyline bets on all sports and they remain the simplest option for beginners.

Total

Total bets predict how many points will be scored in a game. They're particularly common in team games, such as the NBA, NFL, and NHL.

Point Spread

The point spread works kind of like a handicap, where the underdog are given an advantage over the favorite using points. For example, in an NFL game there might be a point spread of 5, meaning that the underdog could lose by a margin of 5 or fewer points and the bet would still be paid out.

Parlay Bets

Parlays are a series of 2 or more bets that must all be correct in order to be paid out. For example, you might place a bet on one team to win their football match, another team to lose their baseball game, and a player to score the final touchdown in a different football match. Only if all three things happened would you win your parlay

Same Game Parlays

These work exactly like parlay bets, except all of the bets you make happen in the same game. These are usually paid out at slightly lower odds than standard parlays.

Prop Bets

Prop bets invite you to bet on certain things happening in sporting events. It could be as simple as a player scoring a certain number of points, or even what color Gatorade is poured over the winning coach of the Super Bowl team.

Tennessee's Favorite Sports Teams

When it comes to betting on professional sports in Tennessee, many options are available due to the state’s strong athletic presence. Some popular teams to bet on include those from the NFL, NBA, NHL, and MLB.

College sports teams such as the Tennessee Vols, Vanderbilt Commodores, and Memphis Tigers also offer ample betting opportunities. Recent additions like the Nashville SC have further expanded betting options in Tennessee.

Here’s a table comparing the professional and college sports teams in Tennessee:

• Tennessee Titans (NFL): With a strong fan base, the Titans are a major betting attraction in Tennessee. Their recent advancements in the playoffs have made them a popular choice for those looking to wager on the NFL.

• Memphis Grizzlies (NBA): As the only NBA team in Tennessee, the Grizzlies see plenty of betting action among Tennessee punters, especially during the regular season and playoffs.

• Nashville Predators (NHL): Hockey enthusiasts in Tennessee enjoy betting on the Predators when they hit the ice. Their recent playoff runs and competitive nature make them an attractive option for bettors.

• Nashville SC (MLS): Soccer fans now have the opportunity to bet on the Nashville SC, which joined Major League Soccer in 2020. As the team continues to grow, so does the interest in wagering on their matches.

• Tennessee Vols, Vanderbilt Commodores, and Memphis Tigers (NCAA): College sports in the state of Tennessee are a hotbed of betting action, particularly during football and basketball seasons. The Tennessee Vols, Vanderbilt Commodores, and Memphis Tigers all have dedicated fan bases and offer unique betting opportunities in NCAA markets.

What You Can't Bet On in Tennessee

Election Betting

It is still not legal to bet on political events in Tennessee. In fact, as of 2024, it currently isn't legal to bet on politics in any US state.

College Sports

It is legal to bet on college sports in Tennessee. However, you cannot place sports bets on any individual college athletes. Also, anyone with a close connection to college leagues cannot bet on their own sports.

Entertainment TV

You cannot legally bet on the outcomes of TV shows in Tennessee.

Pros and Cons of Sports Betting in Tennessee

There are benefits and drawbacks to everything, including wagering on sports. Let's take a look at the biggest arguments for and against sports betting in Tennessee.

✅Economic benefits: The decision to legalize sports betting has generated a great deal of money for the state of Tennessee. This money can be used within the state to fund programs that improve the quality of life for residents.

✅Regulation and oversight: Before Tennessee legalized sports betting, unlicensed sportsbooks were the only option for Tennessee residents. Now, legal sportsbooks can offer safe platforms that are regularly audited for fairness. Alongside this, bettors can make use of responsible gambling tools.

❌Addiction: The easy availability of sports betting could lead to an increase in gambling addiction. While online sportsbooks are required to offer responsible gambling tools to all of their customers, there is still the potential for risk.

❌Match-fixing: Legal sports betting may inadvertently increase the likelihood of match-fixing. Professional athletes could become susceptible to bribes and manipulation for personal financial gains.

How to Start Betting in Tennessee

So, you've read all about it and you're ready to start placing bets? Below is a guide on how to sign up to a Tennessee sportsbook. We're using BetMGM as an example.

Head to the site of your choice

First, head to the Tennessee sportsbook of your choice. We'll use BetMGM for this example. Once there, click the Sign Up button to start.

Enter your personal information

A pop up will open and ask for your personal information. It's important that you answer this truthfully as it helps the sportsbook to verify your identity. They have to do this to comply with state law.

Enter your desired login details

Next, you'll be invited to choose your login details. Remember to use a secure and unique password that nobody could guess.

Claim a welcome bonus

Before you make your first deposit, consider claiming the welcome bonus. You can find this along with any necessary promo codes on the bonus page.

How to Deposit Money at Tennessee Betting Sites

Making your first deposit at any Tennessee sportsbook is easy. Let's use BetMGM as an example:

How to Withdraw Money from Tennessee Betting Sites

Want to get your hands on your winnings quickly? Follow these steps to learn how to withdraw money from BetMGM.

Best Banking Options for Tennessee Betting

5 Best Deposit Methods for Betting in Tennessee

Tennessee sports betting has a variety of deposit methods available to its users. Here are the top five deposit methods:

1. PayPal: A widely-used e-wallet allowing users to deposit funds to their sports betting account quickly and securely. PayPal is known for its ease of use and is accepted by most online sportsbooks in Tennessee.

2. Mastercard/Visa: These two credit card options are widely accepted and allow players to deposit funds quickly to their sports betting accounts. Keep in mind that some banks may restrict transactions, but most will work without issue.

3. Prepaid Card: A safe and secure method for depositing funds. Prepaid cards, such as Play+, can be loaded with funds beforehand, making it easier to manage your spending.

4. Venmo: A popular mobile payment app that offers a convenient way to deposit funds to a sports betting account, with most Tennessee sportsbooks accepting the app.

5. Online Banking: Most banks offer online banking options allowing users to easily transfer funds from their checking account to their sports betting account without the need for a third-party service.

5 Best Withdrawal Methods for Betting in Tennessee

Cashing out your winnings is also an important aspect of sports betting. Here are the top five withdrawal methods in Tennessee:

1. PayPal: With PayPal being a popular deposit method, it’s no surprise that it’s also a popular withdrawal option. Withdrawals are processed quickly, usually within 24 hours.

2. Bank Transfer: A more traditional and secure withdrawal method, bank transfers might take longer than e-wallets, but they offer a direct transfer to your bank account.

3. Paper Check: Though not as fast as other methods, paper checks are a reliable way to receive your winnings. Some players prefer this method, especially if they don’t want to use online banking or e-wallets.

4. Prepaid Card: Similar to depositing, Play+ and other prepaid cards can be used to withdraw funds, offering a safe and secure option for managing your sports betting funds.

5. Skrill: Another e-wallet service, Skrill allows users to withdraw their winnings quickly and easily. Its user-friendly interface and presence in multiple sportsbooks make it a popular choice for betting in Tennessee.

Top Tennessee Payment Methods Compared

Still can't decide? Here's a quick side-by-side of what different payment providers have to offer to sports bettors.

Tennessee Sports Betting Handle

Tennessee reached an all time high in November of 2023 when its online betting handle surpassed the $500 million mark for the first time.

As of January 2024, Tennessee has generated $196,354,392 in taxes from the online sports betting industry

Should I Bet on Offshore and Gray Market Sportsbooks?

It is not recommended to bet on offshore or gray market sportsbooks, as these operators are not regulated or licensed within the United States. Betting with these sites comes with increased risk, such as difficulties with payouts and potential legal consequences. Instead, Tennessee bettors should opt for legal, regulated online betting platforms to ensure protection and a safer betting experience.

Tips for Choosing the Best Sportsbook in Tennessee

When looking for the best sportsbook in Tennessee, there are a few key factors to consider that will help ensure a positive betting experience. Let’s explore some of these factors.

• Reputation and trustworthiness are essential when selecting an Tennessee sportsbook. Stick to well-established brands like DraftKings Sportsbook and FanDuel Sportsbook that have a strong presence in the industry and are known for their reliability.

• Competitive odds and pricing are crucial for maximizing profits. It’s a good idea to compare the odds offered by various sportsbooks on the same event. Look for a sportsbook that consistently provides favorable odds and offers features like same-game parlays, such as the ones offered by BetMGM.

• User-friendly interface and platform should be easy to navigate. A smooth, user-friendly experience makes placing bets more enjoyable and less cumbersome. Mobile sports betting apps are also important for on-the-go betting.

• Wide range of sports and betting markets is essential for catering to your interests. The best sportsbooks in Tennessee will offer a diverse selection of sports, from mainstream events like the NFL and NBA to more niche markets like darts and e-sports.

• Bonuses and promotions can give you extra value when placing your bets. Look for sportsbooks offering promotions like sign-up bonuses, free bets, and boosted odds. For example, some Arizona sportsbooks offer a no sweat first bet of up to $1,000.

• Customer support should be accessible and responsive. If you encounter any issues while betting, it’s crucial to have a responsive customer support team available to assist you.

Best Sports Betting Strategies for Tennessee Bettors

In Tennessee, sports betting has become increasingly popular, with numerous options available for fans to wager. Whether you’re a seasoned bettor or just starting, it’s essential to have sound strategies in place to maximize your chances of success.

Do You Need to Pay Tax on Sports Betting Winnings in Tennessee?

You do not need to pay income tax for gambling winnings in Tennesee. Your gambling winnings are only taxed at the federal level. If you earn less than $5,000 in a year, you don't need to worry about taxes. If you earn more than $5,000 your winnings will be taxed at 24% by the federal government.

Responsible Gambling in Tennessee & Where to Seek Help

If you feel like your gambling habits are becoming unsustainable or unhealthy then there are lots of places you can seek help. Below are some state-wide and nationwide services that you can use.

• The state of Tennessee encourages gambling operators to promote responsible gambling habits. These practices may include setting limits on wagers, offering self-exclusion options, and providing clear communication about the risks associated with gambling.

• The Tennessee REDLINE is a 24-hour hotline that can make referrals for people and families seeking problem gambling and gambling addiction services. Tennessee REDLINE: 800-889-9789 (Call or Text)

• The National Council on Problem Gambling and the National Problem Gambling Helpline offer a variety of helpful resources, including a helpline (1-800-522-4700) and a chat service for those in need of assistance.

Frequently Asked Questions About Sports Betting in Tennessee