Best Tennessee sportsbook bonuses

Promo Code
Bonus
Top Feature
Overall Rating
Featured Rating
Bonuses Rating
Banking Rating
Features Rating
Experience Rating
Security Rating
Support Rating
Payout Speed
Benefits
Top-Rated Sportsbook
Top-Rated Sportsbook
#1
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COVERS
Best for rewards
10 x $100 Bet Match in FanCash
New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY. Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app.
Covers BetSmart Rating:
4.6/5
Featured Sportsbook
0.0/5
Bonuses and promotions
4.0/5
Banking & Payout Speed
3.8/5
Key Features
3.9/5
User Experience
4.5/5
Security and trust
4.1/5
Customer service
4.0/5
Payout Speed:
Currency-dollars Within 24 hours
  • More details
  • Fewer details
  • Fanatics Sportsbook Benefits
  • Fair Play on first half injuries
  • Unique Squad Bets
  • Unlock 100% profit boost tokens
  • Fanatics Sportsbook Review
Last verified - June 24, 2026
Min. Deposit
$10
Apple App Store rating:
4.8/5 ⭐
Google Play rating:
4.7/5 ⭐
Betting odds
4/5 ⭐
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COVERS
Claim Bonus
Last verified - June 24, 2026
Min. Deposit
$10
Apple App Store rating:
4.8/5 ⭐
Google Play rating:
4.7/5 ⭐
Betting odds
4/5 ⭐
Fanatics Sportsbook Review
More details Fewer details
Top-Rated Sportsbook
Top-Rated Sportsbook
#2
Activate Now
Best for flexibility
Get $350 in Bonus Bets Guaranteed
New customers only. Deposit min. $5 and wager $5 to get $50 in bonus bets each day for seven days.
Covers BetSmart Rating:
4.7/5
Featured Sportsbook
4.8/5
Bonuses & Promotions
4.8/5
Banking & Payout Speed
4.6/5
Key Features
4.7/5
User Experience
4.8/5
Security & Trust
4.8/5
Customer Support
4.6/5
Payout Speed:
Currency-dollars Within 24 hours
Bet Now
FanDuel Review
More details Fewer details
Top-Rated Sportsbook
Top-Rated Sportsbook
#3
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COVERSBONUSDYW
Best profit boost
Bet $1, Get 10 100% Profit Boost Tokens
New customers only. Must register using eligible promo code. Wager at least $1 to receive 10 100% profit boosts, up to $2,500 each. Void where prohibited. See Caesars.com/promos for full terms.
Covers BetSmart Rating:
4.8/5
Featured Sportsbook
0.0/5
Bonuses & Promotions
4.5/5
Banking & Payout Speed
4.8/5
Key Features
4.7/5
User Experience
4.6/5
Security & Trust
4.8/5
Customer Support
4.7/5
Payout Speed:
Currency-dollars Within 24 hours
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COVERSBONUSDYW
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Caesars Review
More details Fewer details
Top-Rated Sportsbook
Top-Rated Sportsbook
#4
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COVERS50
Most lucrative offer
$1,500 First Bet Offer + $50 BetMGM Rewards Points
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
Covers BetSmart Rating:
4.9/5
Featured Sportsbook
4.5/5
Bonuses & Promotions
4.4/5
Banking & Payout Speed
4.2/5
Key Features
4.4/5
User Experience
4.7/5
Security & Trust
4.6/5
Customer Support
4.5/5
Payout Speed:
Currency-dollars Within 48 hours
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COVERS50
Bet Now
BetMGM Bonus Review
More details Fewer details
Top-Rated Sportsbook
Top-Rated Sportsbook
#5
Activate Now
Best for guaranteed bonus bets
Bet $10, Get $200 Win or Lose
Bonus Bet amounts not returned with winnings. Minimum deposit required. T&Cs, time limits, and exclusions apply. 21+. Gambling problem? Call 1-800-GAMBLER. Registration via the bet365 app required. Code is for marketing/tracking purposes.
Covers BetSmart Rating:
4.7/5
Featured Sportsbook
4.8/5
Bonuses & Promotions
4.7/5
Banking & Payout Speed
4.4/5
Key Features
4.4/5
User Experience
4.5/5
Security & Trust
4.4/5
Customer Support
4.4/5
Payout Speed:
Currency-dollars Within 24 hours
Bet Now
bet365 Review
More details Fewer details
Top-Rated Sportsbook
Top-Rated Sportsbook
#6
Activate Now
Best 'bet-and-get' promo
Bet $5, Get $200 in Bonus Bets Instantly
GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit MA Gambling Helpline (MA). Please Gamble Responsibly. 888-789-7777 /visit http://gamblinghelplinema.org/ – ON PROBLEM GAMBLING (CT), or visit Home (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. Wagering offered by DK Sportsbook. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 6/28/26 at 11:59 PM ET. Sponsored by DK.
Covers BetSmart Rating:
4.6/5
Featured Sportsbook
5.0/5
Bonuses & Promotions
4.6/5
Banking & Payout Speed
4.6/5
Key Features
4.8/5
User Experience
4.8/5
Security & Trust
4.9/5
Customer Support
4.5/5
Payout Speed:
Currency-dollars Within 24 hours
Bet Now
DraftKings Review
More details Fewer details
Tennessee

All Tennessee sports betting promo codes

Sportsbook

Welcome bonus

Promo code

Fanatics Sportsbook logo Fanatics Sportsbook 10 x $100 Bet Match in FanCash New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY. Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app.
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BetMGM logo BetMGM $1,500 First Bet Offer + $50 BetMGM Rewards Points Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
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FanDuel logo FanDuel Get $350 in Bonus Bets Guaranteed New customers only. Deposit min. $5 and wager $5 to get $50 in bonus bets each day for seven days.
Claim Now
Caesars logo Caesars Bet $1, Get 10 100% Profit Boost Tokens New customers only. Must register using eligible promo code. Wager at least $1 to receive 10 100% profit boosts, up to $2,500 each. Void where prohibited. See Caesars.com/promos for full terms.
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DraftKings logo DraftKings Bet $5, Get $200 in Bonus Bets Instantly GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET, (800) 327-5050 or visit MA Gambling Helpline (MA). Please Gamble Responsibly. 888-789-7777 /visit http://gamblinghelplinema.org/ – ON PROBLEM GAMBLING (CT), or visit Home (MD), 1-800-981-0023 (PR). 21+ and present in most states. (18+ DC/NH/PR/WY). Void in CAN. Eligibility restrictions apply. On behalf of Boot Hill Casino (KS). Pass-thru of per wager tax may apply in IL. Wagering offered by DK Sportsbook. 1 per new DraftKings customer. $5+ first-time bet req. Max. $200 issued as non-withdrawable Bonus Bets that expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 6/28/26 at 11:59 PM ET. Sponsored by DK.
Claim Now
bet365 logo bet365 Bet $10, Get $200 Win or Lose Bonus Bet amounts not returned with winnings. Minimum deposit required. T&Cs, time limits, and exclusions apply. 21+. Gambling problem? Call 1-800-GAMBLER. Registration via the bet365 app required. Code is for marketing/tracking purposes.
Claim Now
Hard Rock Bet logo Hard Rock Bet Bet $5, Win $150 Must be 21 and physically present in AZ, CO, FL, IL, IN, MI, NJ, OH, TN or VA to play. Terms and conditions apply. Concerned about gambling? In FL, call 1-888-ADMIT-IT. In AZ, call 1-800-NEXT-STEP or text NEXTSTEP to 53342. In IN, if you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. GAMBLING PROBLEM? CALL 1-800-GAMBLER (IL, NJ, OH, TN, VA)
Claim Now
theScore Bet logo theScore Bet Bet $10, Get $100 if Your Bet Wins Terms & conditions apply
Claim Now
Bally Bet logo Bally Bet Bet $10, Get $50 Terms & conditions apply
Claim Now

Tennessee sportsbook promos summary

Active betting sites 11
Best bonus ⭐Fanatics Sportsbook⭐
Total bonuses $5,400+
Last verified June 24, 2026 ✅
Online betting Yes ✅
Retail betting No
Betting on college sports Yes ✅
Remote registration Yes ✅
Online casinos No
Legal betting age 21

1. Fanatics Sportsbook Tennessee welcome promo

4.6
SIGN UP BONUS
10 x $100 Bet Match in FanCash
New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY. Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app.
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COVERS
Claim $1,000

If you are new to Fanatics Sportsbook, you can register today to earn a great welcome bonus, which we've outlined below:

  • Use the Fanatics Sportsbook promo code COVERS during registration to qualify.

  • You must make a $10 initial deposit and place a $1 qualifying wager on any market with -500 odds or longer. 

  • Fanatics Sportsbook will issue you $100 in FanCash.

  • This promotion is available for your first ten days using the platform, allowing you to unlock up to $1,000 in 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 Aug. 26, 2026. 


Read our Fanatics Sportsbook review to learn more. 

Fanatics Sportsbooks

Fanatics Sportsbook iOS app

Fanatics Sportsbook promo pros and cons:

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Instant FanCash
Covers hit icon
Reasonable initial deposit or wager required
Covers hit icon
Customer-friendly terms and conditions
Covers miss iconBonus bets expire in seven days
Covers miss iconHave to wager for multiple days
Covers miss iconHard to keep track of

2. BetMGM Tennessee welcome promo

4.9
SIGN UP BONUS
$1,500 First Bet Offer + $50 BetMGM Rewards Points
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See Sports Betting | Legal Online Sportsbook at BetMGM | BetMGM for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. This promotional offer is not available in DC, Mississippi, New York, Nevada, Ontario, or Puerto Rico.
Ends: Jul. 1, 2026
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COVERS50
Claim $1,550

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 + $50 BetMGM Rewards Points' when inputting the BetMGM bonus code 'COVERS50' 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. You will automatically receive a $50 bonus after registration. 

  • 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. Regardless of the outcome, you'll get $50 in BetMGM Reward Points instantly.

  • 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

BetMGM iOS app

BetMGM promo pros and cons:

Covers hit icon
Clear terms
Covers hit icon
Provides wagering flexibility
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$10 minimum deposit
Covers miss iconLower value than previous promos
Covers miss iconBonus bets must be used within seven days (168 hours)
Covers miss iconBonus bets cannot be withdrawn as cash

3. FanDuel Tennessee welcome promo

4.7
SIGN UP BONUS
Get $350 in Bonus Bets Guaranteed
New customers only. Deposit min. $5 and wager $5 to get $50 in bonus bets each day for seven days.
No Code Needed
Claim $350

FanDuel sits high on our list of the best Tennessee sportsbook bonuses thanks to its promise of $350 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.

  • You must make a first-time minimum deposit of at least $5.

  • Place a daily $5 wager for seven days. You'll get a $50 bonus bet daily, equalling $350 in total bonus bets. 

  • FanDuel Sportsbook deposits the bonus bets into your account within 72 hours of bet placement.

  • You can use bonus funds on any sports betting market, and they can be split into multiple wagers.

  • The entirety of the bonus funds must be used within seven days (168 hours), or it will expire. This FanDuel Sportsbook promotion is valid until June 28, 2026.

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

FanDuel iOS app

FanDuel promo pros and cons:

Covers hit icon
Can use bonus across multiple future wagers
Covers hit icon
Easy to claim
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$350 in bonus bets
Covers miss iconBonus funds cannot be withdrawn as cash
Covers miss iconCan take up to 72 hours to receive bonus bets

4. Caesars Tennessee welcome promo

4.8
SIGN UP BONUS
Bet $1, Get 10 100% Profit Boost Tokens
New customers only. Must register using eligible promo code. Wager at least $1 to receive 10 100% profit boosts, up to $2,500 each. Void where prohibited. See Caesars.com/promos for full terms.
Ends: Aug. 18, 2026
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COVERSBONUSDYW
Claim Now

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, Get 10 100% Profit Boost Tokens’ new user promotion. You can redeem this sign-up offer through the following Caesars Sportsbook promo code 'COVERSBONUSDYW'.

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 within 30 days of opening your account to qualify for this Caesars Sportsbook promo. 

  • You'll receive up to 10 100% profit boosts. Each boost has a maximum bet of $25 and has a total value of $2,500.

  • Use the boosts within 14 days, or they will expire. This Covers-verified Caesars Sportsbook promo is valid until Aug. 18, 2026. 

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

Caesars promo pros and cons:

Covers hit icon
Only need to wager $1 to qualify
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Easy to redeem
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14 days to use boosts
Covers miss iconDifficult to extract full value
Covers miss iconYou cannot spread boosts across multiple wagers

5. bet365 Tennessee welcome promo

4.7
SIGN UP BONUS
Bet $10, Get $200 Win or Lose
Bonus Bet amounts not returned with winnings. Minimum deposit required. T&Cs, time limits, and exclusions apply. 21+. Gambling problem? Call 1-800-GAMBLER. Registration via the bet365 app required. Code is for marketing/tracking purposes.
No Code Needed
Claim $200

bet365 is the newest online sportsbook to hit the Tennessee sports betting scene, and to celebrate, the operator is presenting all new Volunteer State bettors a user-friendly welcome promo — Bet $10, Get $365 Win or Lose in bonus bets, win or lose. 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 $10 bet on any market within 30 days of registering your account. 

  • Bonus expires seven days from issuance. This promo is valid until June 25, 2026, at 6:59 a.m. ET. You can also choose a '$1,000 First Bet Safety Net' bonuses instead. 

Bonus bet amounts not returned with winnings. Min. deposit required. Must register with app only. T&Cs, time limits, and exclusions apply. 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-MY-RESET (AZ, CO, IL, IN, KS, KY, LA, MD, MI, MO, NC, NJ, OH, PA, TN, VA) or 1-800-BETS OFF (IA). 21+ only (18+ in KY). Please gamble responsibly. Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/MI/MO/NC/NJ/OH/PA/TN/VA.

bet365 promo pros and cons:

Covers hit icon
Guaranteed $365 in bonus bets
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Extremely low wagering requirement
Covers hit icon
Very friendly for new bettors
Covers miss iconStill requires a $10 real-money deposit
Covers miss iconBet credits do not equate to winnings
Covers miss iconBets tied to events with odds of -500 or better

Latest Tennessee betting news

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 U.S. sportsbook promos via our guide.

Mobile phone icon 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.

Mobile phone icon 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. 

Mobile phone icon 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.

What online sportsbooks can I use in Tennessee?

Editor's note (June 24, 2026): Betly Sportsbook will exit the Tennessee betting market shortly. Users can still wager and withdraw funds from their Betly TN account until Dec. 29, 2025. 

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

Online sportsbook Mobile app Odds provider Online casino
Action 24/7 Yes Action 24/7 No
Bally Bet Yes Bet.Works No
bet365 Yes bet365 No
Betly Yes IGT No
BetMGM  Yes BetMGM No
Caesars Yes Caesars No
DraftKings Yes SBTech No
Fanatics Sportsbook Yes Amelco No
FanDuel Yes Flutter No
Hard Rock Bet Yes GiG No
theScore Bet Yes PENN No
Wagr  Yes Wagr No
ZenSports  Yes ZenSports No

More TN betting resources

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Tennessee sportsbook bonus FAQs

Christian Stringer - Covers
Betting Editor

A seasoned editor at Covers, specializing in the North American sports betting, prediction market, and iGaming industries. Since joining in 2022, I have played a key role in managing, editing, and publishing commercial content that informs and engages bettors of all levels, with a particular focus on Kalshi, Polymarket, Stake, bet365, BetMGM, and Fanatics. Prior to Covers, I spent a decade as an award-winning account executive, collaborating with major brands like Rootz, 888, ComeOn!, EastLink, and GG Poker.

My expertise extends to onboarding white labels, crafting online campaigns, and cultivating partnerships with tech providers and affiliates. Having personally reviewed over 50 sportsbooks, DFS sites, and prediction markets, I bring a sharp, user-focused perspective to the betting landscape — committed to delivering insightful, high-quality content. Outside of work, I serve as the VP of an amateur athletics club, championing community engagement through sport.