There are some excellent sportsbooks available across the Tennessee sports betting landscape that are offering welcome bonuses to new users. Claiming your welcome bonus has never been easier, either — some of the best Tennessee betting bonuses around can be found on the following four best sports betting sites: Caesars Sportsbook, FanDuel, BetMGM, and WynnBET.
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Last Updated Aug 11, 2022, 11:00 AM ET
There are some excellent sportsbooks available across the Tennessee sports betting landscape that are offering welcome bonuses to new users. Claiming your welcome bonus has never been easier, either — some of the best Tennessee betting bonuses around can be found on the following four best sports betting sites: Caesars Sportsbook, FanDuel, BetMGM, and WynnBET.
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Up to $1,500 risk-free bet
Promo code: COVERSBET15
Caesars Entertainment has been in the casino and sports gambling game for a long time. Their sportsbook, appropriately named Caesars Sportsbook, is currently offering a $1,500 risk-free bet promotion to new users in Tennessee, redeemable through using the following Caesars Sportsbook promo code — COVERSBET15.
There are just a few things to know before you register for a new account:
Want more details? Find them in our thorough Caesars Sportsbook review.
Free bet cannot be withdrawn as cashFree bet must be used on one wagerCaesars’ $1,500 risk-free bet welcome offer is a great entry point to the sportsbook for both new and experienced bettors. If the first wager made loses, Caesars will provide the opportunity for a second crack at winning big via a free bet.
The Caesars sign-up bonus has the potential to be the most lucrative offer in the state depending on how much money you initially put down. Due to there being no odds requirements for this promo, you can wager on any market of your choosing. For example, if you bet on the Tennessee Titans at odds of -600 using the maximum $1,500 amount, you would take home $250 in winnings should your bet prove successful.
More than any other reason, Caesars' sign-up bonus earns its place among the best Tennessee betting bonuses thanks to its high maximum amount of $1,500.
$1,000 no sweat first bet
No code required
FanDuel is probably a brand you recognize — they own one of the best sports betting apps available — as one of the top available sportsbooks. New users from Tennessee can claim a generous sign-up bonus without the use of a FanDuel promo code — a $1,000 no sweat first bet offer. There are a few things to consider while claiming your FanDuel welcome bonus:
Find out more information via our detailed FanDuel review.
Free bets cannot be withdrawn as cashIt may take up to 72 hours to receive free betsThe premier element of FanDuel's Tennessee betting bonus is that fact that it gives bettors a swift shot at redemption. Should a first-time user’s initial wager fall flat, that money, up to $1,000, will be credited back to their account in the form of free bets.
Luckily for bettors, there are no odds restrictions attached to this welcome bonus from FanDuel. That means you can select any market you like to make your wager. If your bet fails, you'll get your money back – up to $1,000 – as free bets, so trying for a bigger payday by picking an underdog may be the move here.
FanDuel Tennessee provides bettors with a welcome offer that can help them quickly bounce back from an early loss. FanDuel’s free bets can also be broken down into multiple wagers, providing extra flexibility.
$1,000 risk-free bet
No code required
BetMGM is another massive player in the casino and sportsbook industries. New users residing in Tennessee are eligible to claim a $1,000 risk-free bet as a welcome bonus — no BetMGM promo code needed. Before claiming your sign-up bonus, there are a few things to keep in mind:
Visit our unbiased BetMGM review for further insight.
Promotion null and void if bettor wins first wagerFree bets must be used within seven daysSite credit cannot be withdrawn as cashThe $1,000 risk-free bet with BetMGM Tennessee allows bettors the chance to maximize their potential winnings on their first wager. Should you lose that bet, BetMGM will reimburse the entire stake up to $1,000. And if you win? You'll make a substantial profit.
If you opt to bet the maximum $1,000 amount with your first BetMGM wager, then pick an underdog to increase your opportunity at a massive payout. Of course, the amount you can win will depend on how steep of an underdog you choose. Given two chances to come out victorious, there’s wiggle room attached to your initial wager.
Not only does BetMGM return your initial stake up to $1,000, it provides your reward in five equal installments of $50. That means TN bettors can make five separate wagers with their free credit rather than being forced to use it all at once.
Bet $100, win $100
No code required
WynnBET, owned and operated by WSI US LLC, is relatively new in the world of sportsbooks. First-time customers in Tennessee are eligible to claim a unique sign-up bonus offer – bet $100, win $100. Before claiming your WynnBET sign-up bonus, there are a few things worth knowing:
Read our WynnBET review for more expert analysis.
New users onlyOdds restrictions on qualifying wager and free betsFree bet must be used within 10 daysAs with FanDuel's welcome offer, WynnBET’s sign-up bonus is guaranteed currency. New customers can make a qualifying $100 wager after depositing the same amount to instantly receive a $100 free bet.
Keep in mind that WynnBET's free bet has an attached odds requirement of -150 or longer. This means you cannot wager on heavy favorites (ex. -250, -300, etc.). If you decide to back a favorite at -50, your $100 free bet could net you $66.67.
Going with an underdog at plus money will give you a shot at more withdrawable cash. For example, if you use your $100 free bet on odds of +250, you could take home $250.
Another welcome bonus that's ideal for bettors gambling casually, the $100 free bet is guaranteed so long as you make a $100 initial wager. There are few offers in Tennessee that are as easy to garner.
The three most popular sign-up bonuses are risk-free bets, deposit matches, and no deposit bonuses. Operators use these and other bonus types to attract new customers. You can learn all about the most common sportsbook sign-up bonuses via our guide.
Risk-free bets, sometimes called first bet insurance, are a great way for bettors to wager with a reduced fear of losing. Should your first bet flop with this type of promotion in your pocket, the sportsbook will refund the amount wagered up to a predetermined number. Risk-free bets provide good opportunities for you to maximize your winnings by selecting wagers with longer odds.
A deposit match is when a sportsbook agrees to match a new user’s initial deposit with site credit. For example, if you sign up with a sportsbook and make an initial deposit of $500, you will receive $500 in site credit to bet with if the sportsbook’s welcome bonus is a deposit match. Keep in mind that the site credit is typically non-withdrawable and, as such, needs to be wagered before you can take out any funds.
A no deposit bonus is when a sportsbook offers free currency, often site credit, to be used on bets without requiring you to make an initial real money deposit. This is generally offered during significant events like the Super Bowl since more casual sports betters are likely to participate.
No deposit bonuses may also be offered by new sports betting sites launching in new markets. By gifting bettors a small free bet with no strings attached, sportsbooks can acquire new customers for a relatively low cost.
There are nine legal online sports betting sites operating in Tennessee at the moment. Three of those sportsbooks went live in the Volunteer State on Nov. 1, 2020, to kick off legal online wagering: FanDuel, BetMGM, and DraftKings.
| Online sportsbook | Mobile app | Odds provider | Online casino |
|---|---|---|---|
Action 24/7  |
Yes | Action 24/7 | No |
| Bally Bet (coming soon) |
Yes | Bet.Works | No |
| Barstool |
Yes | Kambi | No |
| Betly (coming soon) |
Yes | IGT | No |
| BetMGM |
Yes | BetMGM | No |
| Caesars |
Yes | Caesars | No |
| DraftKings |
Yes | SBTech | No |
| FanDuel |
Yes | Flutter | No |
| Fubo (coming soon) |
Yes | Fubo | No |
| SuperBook |
Yes | Stadium | No |
| TwinSpires |
Yes | Kambi | No |
| WynnBET |
Yes | GAN | No |
| Wagr |
Yes | Wagr | No |
The top online sportsbooks available to those who live in Tennessee include FanDuel, Caesars Sportsbook, BetMGM, and WynnBET.
The best sportsbook bonus available in Tennessee is the Caesars Sportsbook $1,500 risk-free bet promo, given that it’s the largest promo match amount in the state.
You can claim as many sign-up bonuses as you wish, provided you only do so once with each sportsbook. Creating multiple accounts with the same sportsbook is illegal, and therefore so is claiming multiple sign-up bonuses with the same sportsbook.
Bonus abuse occurs when a single person makes multiple accounts with the same sportsbook to claim numerous sign-up bonuses. Each user is only allowed one account with each sportsbook and one sign-up bonus. Any instance of having more than one account with a sportsbook to obtain several sign-up bonuses can be characterized as bonus abuse.
You need to be at least 21 years old to bet on sports in Tennessee. You must also possess a valid U.S. social security number.
Joshua Howe is a commercial content editor at Covers, assisting experts in making smarter sports bettors. Prior to joining the team in 2021, the experienced writer and editor worked in a variety of industries, including sports, marketing, and publishing.
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