Tennessee sports bettors are free to sign up, claim attractive bonuses exceeding $1,000, and place wagers with the best sportsbooks remotely from anywhere in the state.
The Volunteer State launched its first legal online sportsbook in November 2020. Today, Tennessee is home to 10 active sportsbooks and operates one of only two online-only sports betting markets in the U.S.
We’ve taken our two-plus decades of sports betting expertise to bring you our list of the best online sportsbooks in Tennessee.
Last Updated Aug 8, 2022, 01:41 PM ET
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Tennessee sports bettors are free to sign up, claim attractive bonuses exceeding $1,000, and place wagers with the best sportsbooks remotely from anywhere in the state.
The Volunteer State launched its first legal online sportsbook in November 2020. Today, Tennessee is home to 10 active sportsbooks and operates one of only two online-only sports betting markets in the U.S.
We’ve taken our two-plus decades of sports betting expertise to bring you our list of the best online sportsbooks in Tennessee.
Tennessee’s growing mobile-only sports betting scene includes Caesars Sportsbook, which stands out from the crowd thanks to its sensible sign-up bonus and stellar mobile app. Our experts tested the Volunteer State’s best sportsbook and praised its live betting platform, competitive odds, and customer support.
All new Caesars TN customers can claim a welcome offer of a $1,500 risk-free bet. Opt-in with the Caesars Sportsbook promo code — COVERSBET15 — make an initial deposit and place your first bet (up to $1,500) to qualify. Should that wager miss the mark, Caesars will give you a free bet back equivalent to the stake of up to $1,500 total.
Caesars also stands out with its user-friendly mobile apps for iOS and Android devices, allowing you to access plenty of odds boosts for marquee sports and matchups from anywhere within the state. The stacked yet minimalist design helped make Caesars Sportsbook one of the best mobile sports apps for 2022.
Integration with Caesars Rewards keeps you up-to-date on perks, while players seeking assistance can leverage 24/7 customer support via live chat. Find out what else awaits TN sports bettors in our thorough Caesars Sportsbook review.
Tennessee sports betting sites continue to serve up generous welcome offers to new Volunteer State bettors. The best Tennessee sportsbook bonuses in 2022 come from the likes of Caesars, BetMGM, FanDuel, and WynnBET:
Caesars Sportsbook - $1,500 Risk-Free Bet: Caesars Tennessee customers can enter promo code COVERSBET15 to receive $1,500 in first bet insurance. This promo gives you two chances to win. If your first bet comes up short, Caesars will credit your account with a free bet, matching the amount of your initial losing wager.
FanDuel - $1,000 No Sweat First Bet: Tennessee sports gamblers new to FanDuel can place their first bet on any market. If your bet loses, the sportsbook will return your stake up to $1,000 in the form of free bets.
BetMGM - $1,000 Risk-Free Bet: New BetMGM Tennessee users can also swing for the fences with their first bet. If you lose, BetMGM will credit your account with one (if you wagered $49 or less) or five (if you bet $50 or more) free bets, up to $1,000.
WynnBET - Bet $100, Win $100: Tennessee sports bettors looking to start smaller can deposit and wager $1000 at WynnBET to receive $100 in free bets. Bets on odds of -120 or longer are eligible for this promo.
Terms and conditions apply to all bonuses and promotional offers.
Providing customers with the largest maximum sign-up bonus amount is no small feat in today’s competitive Tennessee market, but that’s exactly what Caesars Sportsbook does. The operator offers first-timers a risk-free bet of up to $1,500, which means that should their first bet lose, they will be refunded the amount they bet, up to $1,500, in the form of a free bet. The bonus can subsequently be used to wager with the sportsbook again. Caesars Tennessee also has one of the top customer service programs in the industry, along with a highly fulfilling rewards program.
Any lingering queries can be put to rest by reading our Caesars Sportsbook Review.
FanDuel Tennessee was one of three sportsbooks to go live in the state for the first time in November 2020. Since then, it’s maintained a top-three spot on our list of the best active sportsbooks in Tennessee, thanks largely to its abundant sports market offerings, exclusive live-streaming partnerships, competitive odds, and engaging online and mobile platforms. FanDuel Tennessee has something for sports bettors of all types, making it arguably the most well-rounded sportsbook available.
More information can be found in our FanDuel Review.
DraftKings’ popularity owes a lot to its mobile app, and Tennesseans will be hard-pressed to find one better. Everything is accessible within just a few taps on an intuitive layout, including a menu at the bottom of the screen that displays all the sections. Ultimately, placing a wager with DraftKings Tennessee’s mobile sportsbook is a delightfully simple experience. Add in some bonuses and promotions, a bundle of sports markets, and a top-tier payout system, and DraftKings’ claim to a top-five spot becomes indisputable.
Covers has generated this DraftKings Review to provide even further expert analysis.
Another of the three original sportsbooks to launch in Tennessee, BetMGM has taken its world-famous brand and put its best foot forward when it comes to delivering a great sports betting experience. The operator offers some of the best odds found in the industry and an impressive variety of sports markets and bet types to choose from. Whether it’s the sportsbook’s stylish online and mobile platforms, bountiful deposit options, or its assortment of bonuses and promos, BetMGM rounds out as one of the more reliable operators in the Volunteer State.
Giving our BetMGM Review can resolve any questions one may have.
Tennesseans may not be as familiar with WynnBET as those living in Nevada, but the operator’s sportsbook experience is not to be scoffed at. Honed in on delivering a professional feel, WynnBET follows through with excellent customer support, plenty of bonuses for new and existing users, and highly secure banking methods. While it’s available on mobile only, WynnBET manages to provide a platform that’s distinctive and smooth, making the act of placing a bet an enjoyable one.
Open up our WynnBET Review to read more thoroughly researched analysis from our experts.
Tennessee is one of just two states (Wyoming) that feature online-only sports betting.
There’s only a single option if you’re looking to get started with Tennessee sports betting. In order to place your first bet, you must register with an online sportsbook via their website or mobile app.
When perusing the offerings of the various online sportsbooks in Tennessee, be sure to consider not only promotional offerings but the odds and prices offered by each provider.
Tennessee’s 10% mandatory hold of sports wagers far exceeds the national average, so it’s important to find the most favorable betting opportunities.
After checking out some reviews and reading over the terms and conditions of each provider, you’ll be reading to move forward with the sportsbook that best meets your betting needs.
Tennessee’s fully online sports betting provides users with a streamlined registration process.
Tennesseans can either register on a sports betting website or a mobile app. After selecting a sportsbook, simply enter some personal information and verify your identity. It’s that easy.
Like other states, Tennessee sportsbooks regularly offer sign-up bonuses to reward users for choosing their betting platform. It’s especially important to sniff out the most lucrative offers in Tennessee, however, as online providers are required to withhold a larger portion of your winnings than sportsbooks in other states. Here are some of the more popular bonuses in the Volunteer State:
Aside from the inability to live bet college sports, you’ll find all other popular bet types on Tennessee online sportsbooks. These include moneylines, point spreads, Over/Under (totals), futures, prop betting, teasers, and more.
Tennessee bettors will be able to deposit funds with ease. Online sportsbooks offer a variety of methods including debit & credit cards, bank transfers, PayPal, PayNearMe, and more.
Line shopping is always a good idea — and this especially rings true in Tennessee. It’s crucial to identify the sportsbook(s) offering the best lines. Not every Tennessee online sportsbook will offer the same bets, so it’s up to players to make sure they’re not leaving any money on the table.
While deposits will be nearly instantaneous, players should expect withdrawals to take a bit longer to process. Be sure to familiarize yourself with each sportsbook’s terms and conditions and keep an eye on the fees associated with your institution or payment processor of choice.
Most sportsbooks use American Odds as the default option. Favorites are shown with a minus (-) sign and tell you the amount you have to wager in order to win $100. For example, -120 odds indicate $120 needs to be wagered in order to take home $100 in profit.
A plus (+) sign is used to determine the underdog. This line shows you the amount you’ll win when placing a $100 bet. For example, +180 odds indicate you’d take home $180 in profit when placing a wager of $100. When you bet on an underdog, you are less likely to win — but receive a more favorable betting line.
Moneyline odds are displayed for other types of bets as well. Some players prefer to view decimal odds, and some Tennessee sportsbooks may support that functionality. Check out our odds converter to switch from American to decimal or fractions.
On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov. Bill Lee agreed to allow the bill to become law without his signature. Gov. Lee vehemently opposed the idea of gambling but understood legal online sports betting was in his state’s best interest.
Review this timeline of Tennessee's sports gambling history for an overview of its milestones:
Aug. 3, 2022: Caesars Sportsbook becomes an official sports betting partner of the Memphis Grizzlies.
April 27, 2022: SuperBook launches sportsbook operations in Tennessee.
April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports betting partner of the MLS' Nashville FC.
March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) approves three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch operations, TN will be up to 13 legal online sportsbooks.
Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting handle for January.
Feb. 10, 2022: Fubo is approved as the 10th online sportsbook in Tennessee. A launch date is not announced.
Jan. 24, 2022: Wagr became the first peer-to-peer betting platform to receive a license in the U.S. and is the ninth legally licensed sportsbook operator in Tennessee.
Jan. 4, 2022: Record revenues generated by Tennessee sportsbooks continue, with close to $40 million in November.
Jan. 1, 2022: The Sports Wagering Advisory Council takes over the regulation of sports betting from the Tennessee Education Lottery.
Dec. 17, 2021: SWAC will assume sports wagering regulatory duties in January following a handoff from TELC.
Nov. 17, 2021: Tennessee became the fifth-fastest state to surpass $2 billion in bets, registering $2.335 billion in sports betting handle during the first 12 months.
October 2021: The Volunteer State recorded its largest-ever monthly handle in September; Tennessee sits $40 million shy of hitting the $2 billion mark for 2021.
Oct. 21, 2021: Bally becomes a sports betting partner of the Nashville Predators.
Sept. 8, 2021: Barstool Sportsbook launches in Tennessee.
September 2021: Barstool Sportsbook and Wagr, a social sports betting app, received sports betting operating licenses from the Tennessee Education Lottery.
August 2021: Caesars acquired William Hill and subsequently, the William Hill app was replaced by the Caesars Sportsbook app in Tennessee.
April 30, 2021: WynnBET launches online operations in Tennessee following its approval from the state's Education Lottery.
March 2021: William Hill went live in Tennessee with its mobile app.
Nov. 1, 2020: The first online Tennessee sportsbooks went live.
September 2020: TELC approves its first three sportsbook operators: DraftKings, FanDuel, and BetMGM.
April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) approves finalized regulations, including a 10% hold mandate for all operators. All operators are subsequently permitted to begin applying for licenses.
Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council begins devising the first draft of sports betting regulations in the state.
July 2019: The Tennessee Sports Gaming Act officially becomes law.
May 2019: Gov. Bill Lee allows the bill to become a law, without his signature. Despite being morally opposed to gambling in Tennessee, Lee believes legalizing sports betting is in the state’s best interest.
Nov. 2018: Rep. Rick Staples introduces a bipartisan bill with the hope of legalizing sports betting in Tennessee.
Online and mobile wagering remains the lone option for Tennessee sports bettors. There are no retail sportsbooks in Tennessee. There are currently 10 active sportsbooks in the state, but 13 operators are now licensed. With no limitations on the number of licenses allowed, we could see a continued influx of sportsbooks in the Tennessee market.
Online sportsbook | Mobile app | Odds provider | Online casino |
---|---|---|---|
Action 24/7 |
Yes | Action 24/7 | No |
Bally Bet |
Yes | Bet.Works | No |
Barstool |
Yes | Kambi | No |
Betly |
Yes | IGT | No |
BetMGM |
Yes | BetMGM | No |
Caesars |
Yes | Caesars | No |
DraftKings |
Yes | SBTech | No |
FanDuel |
Yes | Flutter | No |
Fubo |
Yes | Fubo | No |
SuperBook |
Yes | IGT | No |
TwinSpires |
Yes | Kambi | No |
WynnBET |
Yes | GAN | No |
Wagr |
Yes | Wagr | No |
If you are at least 21-years of age and physically present in the state of Tennessee, you may place a sports bet. With the absence of casinos or racinos, all sports wagers must be placed online in the Volunteer State.
Head on over to a sports betting website or download its accompanying app to get started. Here’s a rundown of the things you need to know before placing your first bet:
You must be 21-years or older to partake in Tennessee sports betting.
Sports bets must be placed with legal online sports betting websites or mobile sports betting apps in Tennessee. As of Jan. 1, 2022, the Sports Wagering Advisory Council regulates all online betting.
As there are no in-person options in Tennessee, those wanting to make a sports wager have the benefit of completing the entire registration process online. While some states require bettors to visit a casino or off-track betting site before getting started, Tennessee bettors can simply enter some personal information and get started online in minutes.
Users must have both feet within state lines to place a sports bet in Tennessee. Online sportsbooks are required to verify your exact whereabouts, so if geolocation services are blocked you will not be permitted to place a bet.
Of the states to have legalized sports betting, Tennessee is the only one not to offer an in-person gambling experience. As such, there are no brick-and-mortar retail sportsbooks in the Volunteer State — and no plans to add any in the near future.
Although all winnings from sports bets are taxed at the federal level, there is no personal state tax on these winnings in Tennessee.
Tennessee sportsbooks typically withhold 25% of all winnings, provided you share your SSN. If you decline to do so, 28% of your winnings will most likely be held.
The ability to register and place bets remotely is a big plus for sports bettors in Tennessee. This ease of access is sure to encourage beginner and intermediate sports gamblers to try out the handful of online sportsbooks operating in the state.
Placing a physical bet can be enjoyable as well, but unfortunately, that won’t be an option for Tennesseeans. Additionally, the mandated 10% hold on all wagers means sports bettors have access to less favorable odds compared to other states with legalized sports betting.
Although sports betting — and gambling in general — is relatively new to Tennesseeans, the Volunteer State has become the quickest in the nation to reach $1 billion in sports bets. It’s taken Tennessee just six months to hit 10 figures.
Numbers from SWAC reveal that Tennessee's handle for May was hovering around $261.6 million, down more than 10% from April.
Here’s a breakdown of Tennessee’s sports betting earnings thus far:
Year | Total handle | Revenue | Hold percentage | Tax revenue |
---|---|---|---|---|
2022 | - | - | - | - |
2021 | $2.6B | $239.9M | - | $39.3M |
2020 | $312M | $27M | 8.8% | $5.4M |
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2022 | $386M | $313.3M | $370M | $292.8M | $261.6M | $216M | - | - | - | - | - | - | $1.83B |
2021 | $211M | $176M | $206M | $172M | $160M | $174.5M | $144.5M | $144.5M | $257M | $375.3M | $365.7M | $341.8M | $2.6B |
2020 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $131M | $181M | $312M |
There are very few limitations for Tennessee sports bettors, but there are a few types of college wagers that are not available. You won’t find any high school athletics to wager on either, as all amateur sports involving underage athletes are off-limits.
Tennesseeans are not permitted to bet on politics, at any level, in the Volunteer State.
College sports are fair game in Tennessee, with the exception of live-betting and college player props. Aside from that, sports bettors are free to place wagers on both in and out-of-state collegiate teams.
The hype around the league's signature offseason event is real, especially with regards to betting. Tennessee bettors can capitalize on this legal market for all seven rounds. Daily changes to the prop markets and the barrage of news updates fuel the betting action.
Tennessee is one of few states to include esports gambling in their sports betting laws. Sportsbooks in Tennessee are able to offer esports betting; however, The Tennessee Education Lottery Corporation (TELC) does need to approve each event individually before online sportsbooks can offer any odds to interested bettors.
While it’s legal to bet on hometown teams in Tennessee, it’s important to ensure all bets are well-researched and placed carefully. Always try to stay objective when assessing your team’s odds of coming out on top. Brush up on key terms and bet types with our how to bet guides.
Gov. Bill Lee has been openly and adamantly opposed to the idea of casinos — or any other retail operation — opening its doors in Tennessee. Consequently, it’s doubtful we’ll see any form of retail gambling in the state any time soon.
Tennesseans may not have a racetrack or off-track betting (OTB) outlet to visit in person, but pari-mutuel bets may be placed online. Daily fantasy sports have also been a popular choice in Tennessee since 2016.
Although you won’t find a single casino in the state, Tennesseeans do have some options if they’re willing to travel outside of state lines.
Neighboring states such as Alabama, Arkansas, Missouri, Mississippi, and North Carolina are all home to a number of casinos. For those residing in Memphis, Tunica, Mississippi may be the best option for in-person casino gambling. Tunica is home to six large casinos — all boasting an impressive lineup of table games and slot machines.
Those looking for legal online casino alternatives in Tennessee can enjoy sweepstakes casinos like Chumba Casino and LuckyLand Slots. Here, you’ll find a variety of slots, blackjack, video poker, and more.
Unsurprisingly, there is no live poker in Tennessee. The only online option for Tennesseeans is Global Poker, which uses the sweepstakes model to remain legally compliant in the state.
Tennessee gamblers are free to place pari-mutuel bets online with the best horse racing betting sites — TVG and TwinSpires. There is no horse racing in the state itself, but it is legal to wager on other races around the country.
There have been some attempts to bring horse racing back to the Volunteer State, but strict gambling laws have thwarted these recent efforts.
Tennessee lawmakers passed a bill to legalize daily fantasy sports back in 2016. It was somewhat surprising to see the historically conservative state become just the third to legalize and regulate DFS.
FanDuel and DraftKings were early to market in Tennessee and lead the way in terms of offerings and prizes. Other sites include Yahoo, Fantasy Draft, Draft Day, Monkey Knife Fight, and Daily Number.
With sports betting legalized in Tennessee, state regulators have introduced a variety of resources for individuals dealing with a gambling addiction. Helplines, educational services, counseling, and support groups are easily accessible for those looking for ways to tackle their gambling problems.
Additionally, 5% of all sportsbook revenue in Tennessee is donated to the Tennessee Department of Mental Health and Substance Abuse’s problem gambling resources.
Players can also set maximum bet and/or deposit limits for themselves when visiting a casino.
Visit the Tennessee Education LotteryWhile Tennessee introduced online-only legal sports betting legislation, other states have adopted both in-person and online wagering. Currently, sports betting is legal in the following states:
Though places like Tennessee have generated thriving legal sports betting markets, there are states moving toward legal sports betting that are still looking to do the same.
Here's a list of regions which may potentially offer legal sports gambling soon:
Tennessee sports bettors do have access to offshore betting sites, but it is illegal to gamble with these unlicensed providers. Although it may be tempting to seek out better lines, it’s highly recommended you avoid these sportsbooks.
Yes, it is legal to bet on sports in Tennessee if you are 21 or older.
No, you do not have to be a Tennessee resident to bet on sports in Tennessee. You do, however, need to be physically present in the state to place a wager.
Tennessee sports bettors can place wagers online by visiting a legal sports betting website or downloading a mobile app.
Yes, you may bet on both professional and collegiate teams in Tennessee. Some bets, like college player props and live betting, are not permitted, however.
Tennessee’s online-only sports betting plan generated nearly $40 million in tax revenue in 2021.
Sports bets can only be placed in Tennessee by visiting an online sportsbook website or downloading a sports betting app. In-person sports gambling is not available in Tennessee.
As all sports bets must be placed remotely in Tennessee, bettors come from all across the Volunteer State. Memphis residents regularly jump across the border to bet in person at Mississippi casinos.
Yes, DraftKings was among the first online sportsbooks to launch in Tennessee on November 1, 2020.
Yes, FanDuel joined DraftKings as an early entrant into the world of Tennessee sports betting.
Jeff Watters is a content editor at Covers. Before pivoting to sports betting in 2021, the well-traveled Nova Scotian and Atlanta Braves fanatic spent time writing about education, software, and NHL prospects.
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