Tennessee Sports Betting Bonuses: $6,350+ in Promos in Sept. 2025

Tennessee sportsbook promos summary

1. BetMGM Tennessee welcome offer

$1,500 First Bet Offer

Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER.

CVRBONUS1500

Claim $1,500

BetMGM is another massive player in the casino and sportsbook industries. New users residing in Tennessee are eligible to claim an '$1,500 First Bet Offer' when inputting the BetMGM bonus code 'CVRBONUS1500' during registration to activate the offer. Before claiming your new player bonus, there are a few things to keep in mind:

• New users must provide some form of legal verification to confirm their identity when registering. 
  
  
• A minimum initial deposit of at least $10 is mandatory following sign-up. 
  
  
• Place a real money wager on any available market.
  
  
• It the wager settles as a loss, you will receive the entire amount back in bonus bets — up to $1,500 — within 24 hours of the qualifying bet settling. 
  
  
• The bonus is issued as five bonus bets if you wager over $50. If you bet less than $50, you receive one bonus bet of equal value. For example, if you lose a $100 bet, you will receive five $20 bonus bets. Alternatively, If you wager $25 and lose, you will receive one $25 bonus bet.
  
  
• Only the winnings earned from each bonus bet can be withdrawn, as the bonus itself is non-redeemable. Each bonus bet expires seven days from issuance.

Visit our unbiased BetMGM Sportsbook promo code review for further insight.

BetMGM iOS app

BetMGM promo pros and cons:

Clear terms

Provides wagering flexibility

$10 minimum deposit

Lower value than previous promos

Bonus bets must be used within seven days (168 hours)

Bonus bets cannot be withdrawn as cash

2. FanDuel Tennessee welcome offer

Bet $5, Win $300

New customers only. Deposit min. $5. Place your first $5 bet and receive $300 if your bet wins.

Available in Tennessee

Claim $300

FanDuel sits high on our list of the best Tennessee sportsbook bonuses thanks to its promise of $300 in bonus bets.

While you won't have to hunt for a FanDuel promo code, there are accompanying stipulations you’ll want to know how to navigate:

• To claim the offer, new users must complete the registration process via the FanDuel Sportsbook app, one of Tennessee's best betting apps.
  
  
• After a minimum deposit of at least $5, you must place a $5 wager on any sports market. You will receive $300 in bonus bets if your wager wins.
  
  
• You can use bonus funds on any sports betting market.
  
  
• FanDuel Tennessee will award your bonus bets within 72 hours of your initial bet settlement. This bonus amount is non-withdrawable and not included in payouts. The offer is valid until Oct. 23, 2025.

The FanDuel Sportsbook app is available for iOS and Android devices. Learn more about its mobile betting feature and more through our FanDuel Sportsbook review.

FanDuel iOS app

FanDuel promo pros and cons:

Can use bonus across multiple future wagers

Easy to claim

$300 in bonus bets

Bonus funds cannot be withdrawn as cash

Can take up to 72 hours to receive bonus bets

3. Caesars Tennessee welcome offer

Bet $1, Double Winnings on Your Next 20 Bets

Code: COVERS20X

Claim Boosts

Caesars Entertainment has been in the casino and sports gambling game for a long time. Their sportsbook, appropriately named Caesars Sportsbook, is currently offering 'Bet $1, Double Winnings on Your Next 20 Bets’ first bet promotion. You can redeem this sign-up offer through the following Caesars Sportsbook promo code 'COVERS20X'.

There are just a few things to know before you register for a new Caesars Sportsbook account:

• New users must provide some form of legal verification to confirm their identity when registering. 
  
  
• You must deposit at least $10 and wager $1 to qualify for this Caesars Sportsbook promo. 
  
  
• You'll receive up to a 20x 100% profit boosts, each worth up to $2,500. Each profit boost token has a maximum wager of $25.
  
  
• Use the boosts within 14 days, or it will expire. This Covers-verified Caesars Sportsbook promo is valid until Nov. 4, 2025. 

Want more details? Find them in our thorough Caesars Sportsbook review.

Caesars Sportsbook iOS app

Caesars promo pros and cons:

Only need to wager $1 to qualify

Easy to redeem

14 days to use boosts

Tokens cannot be withdrawn as cash

You cannot combine profit boosts

4. Fanatics Sportsbook Tennessee welcome offer

Bet $50, Get $250 in FanCash

New customers only. Deposit min. $5. Choice of three offers. Daily bonus issued within 72 hours.

Claim $250

If you are new to Fanatics Sportsbook, you can register today to earn one of two great welcome bonuses, which we've outlined below:

Bet $50, Get $250 in FanCash: 

• Fanatics Primary Offer: Simply deposit and wager at least $10 on any market with odds of -500 or longer to receive $50 in FanCash. You can do this every day for five days to receive the maximum bonus amount.

Up to $100 Back on Football Game Days:

• No Fanatics Sportsbook promo code is required. 

• You must make a $10 initial deposit and place a $1 qualifying wager on any football (NFL or NCAAF) market to be eligible for the promo. 

• Fanatics Sportsbook matches your football game day wager, up to $100, if it loses. Your football bets must have odds of +300 or longer to qualify. 

• This promotion is available for up to 10 eligible football game days, allowing you to unlock up to $1,000 in no sweat FanCash bonuses.  

• The bonus bets are non-redeemable, and each expires at 11:59 p.m. on the day of issuance. This offer is available until Oct. 12, 2025.

Read our Fanatics Sportsbook review to learn more. 

Fanatics Sportsbook iOS app

Fanatics Sportsbook promo pros and cons:

Up to $250 in FanCash

Reasonable initial deposit or wager required

Customer-friendly terms and conditions

Bonus bets expire in seven days

Have to wager for multiple days

Hard to keep track of

5. bet365 Tennessee welcome offer

Bet $5, Get $200 Win or Lose

Code: CVSBONUS

Claim $200

bet365 is the newest online sportsbook to hit the Tennessee sports betting scene, and to celebrate, the operator is offering all new Volunteer State bettors a user-friendly welcome offer — Bet $5, Get $200 Win or Lose in bonus bets, win or lose. Here's what you need to know about this sports betting promotion: Here's what you need to know about this sports betting promotion: 

• Enter the exclusive bet365 bonus code 'CVSBONUS' during sign-up. You must register on the bet365 app to qualify. 
  
  
• Make a minimum deposit of at least $10 following your account creation.
  
  
• Place a $5 bet on any market within 30 days of registering your account. 
  
  
• Bonus expires seven days from issuance. This offer is valid until Oct. 14, 2025, at 6:59 a.m. ET. You can also choose a '$1,000 First Bet Safety Net' offer instead. 

We provide additional information about this operator in our bet365 review. 

bet365 iOS app

bet365 promo pros and cons:

Guaranteed $200 in bonus bets

Extremely low wagering requirement

Very friendly for new bettors

Still requires a $10 real-money deposit

Bet credits do not equate to winnings

Bets tied to events with odds of -500 or better

Latest Tennessee betting news

All verified Tennessee sportsbook promo codes

DraftKings responsible gaming  

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). 1 per new DraftKings customer. $5+ first-time bet req. Get 1 promo code to redeem discounted NFL Sunday Ticket subscription and max. $200 issued as non-withdrawable Bonus Bets that expire in seven days (168 hours). Stake removed from payout. Terms: sportsbook.draftkings.com/promos. NFL Sunday Ticket: YouTube TV base plan (not included in this offer) required to watch NFL Sunday Ticket on YouTube TV. Subscription autorenews yearly at then-current price (currently $378 for YouTube TV subscribers, or $480 for YouTube subscribers); cancel anytime. Terms, restrictions, embargoes and eligibility requirements apply. No refunds. Digital only games excluded. Commercial use excluded. Addt’l terms:  https://tv.youtube.com/learn/nflsundayticket/draftkings/. Offer ends Sept. 29, 2025 at 11:59 PM ET. Sponsored by DK.

Most common Tennessee sign-up bonuses

The three most popular sign-up bonuses are second-chance bets, deposit matches, and no deposit bonuses. Sports betting operators use these and a wide range of other bonus types to attract new customers. You can learn all about the most common sportsbook sign-up bonuses via our guide.

Second chance bet

Sometimes called first bet offer, second-chance bets are a great way for sports bettors to wager with a reduced fear of losing. Should your first bet lose with this type of promotion in your pocket, the sportsbook will refund the amount wagered up to a predetermined number. Second-chance bets provide good opportunities for you to maximize your winnings by selecting wagers with longer odds.

Deposit match

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. 

No deposit bonus

A no deposit bonus is when a sportsbook offers 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 or March Madness — which draw in more sports fans, meaning more casual bettors 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 courtesy bet with no strings attached, sportsbooks can acquire new customers for a relatively low cost.

What online sportsbooks can I use in Tennessee?

There are 13 legal online sports betting sites currently operating in Tennessee, of which the first three were: FanDuel, BetMGM, and DraftKings.

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