Tennessee Online Sports Betting: 3 Best Apps
The wait is (nearly) over as legal online sports betting has come to Tennessee. Tennessee online sports betting will launch on November 1.
Launching on Sunday, November 1, 2020, Tennessee online sports betting features three popular sportsbooks out of the gate– DraftKings Sportsbook, FanDuel Sportsbook, and BetMGM. Online and mobile betting is available to all players 21 and over in Tennessee.
Tennessee Sports Betting Launch
The highly-anticipated November 1 targeted launch date for TN online sports betting is this week, and there are developments seemingly daily.
On October 29, BetMGM announced that the launch of their sportsbook will be on November 1 at 9 AM:
Hey Tennessee! Mark your calendars. BetMGM is officially launching in TN on November 1st.
For more » https://t.co/Ba6861xDW5 pic.twitter.com/LmbTjqNexo
— BetMGM (@BetMGM) October 29, 2020
The Tennessee General assembly approved the Tennessee Sports Gaming Act in the spring of 2019, and it became law shortly thereafter.
For nearly 18 months, the Tennessee Education Lottery Corporation, which oversees the state’s betting operations, has been carefully crafting gambling rules. With those rules now essentially finalized, as well as the first apps officially approved for operation in September 2020, it is just a matter of days before prospective Tennessee bettors can begin downloading and playing with industry-leaders like DraftKings Sportsbook, FanDuel Sportsbook, and BetMGM.
Meanwhile, several other apps are expected to join the market in the coming months.
When Tennessee’s long-expected launch finally does occur, it will become the 19th state to legally take sports betting action.
Though it is unique in one particular way: Unlike other states where sports betting is already legal, Tennessee does not offer retail sports betting. This means its entire platform is predicated upon online and mobile betting, making it the only state to currently take action without the addition of physical sportsbooks. As a result, Tennessee will exclusively offer wagering through desktop, laptop, and mobile devices.
Notably, it will also become the first southern state to flip the switch for online sports betting, perhaps paving the way for future rollouts in other states.
Here is absolutely everything you need to know about Tennessee online sports betting.
The Best Tennessee Online Sports Betting Apps
Four mobile sportsbook apps will be live in Tennessee:
- DraftKings Sportsbook
- FanDuel Sportsbook
- Tennessee Action 24/7
Ultimately, many bettors will develop a preference for one specific sportsbook, but we strongly recommend registering with multiple apps, as each will offer aggressive signup bonuses and boosts in an effort to collect market share out of the gate.
And returning players can use multiple sportsbooks to best leverage periodic specials and shop across multiple markets for the best value. Though shopping for this value isn’t as fun or flashy as some of the bonus offers, in time, doing so has the potential to far exceed the dollar amount of such specials.
There are three popular online sportsbook apps and one lesser-known wild card, Tennessee Action 24/7, that were approved in September and are expected to be ready to go with the launch of Tennessee online sports betting.
In addition to the already known sportsbooks, there are three additional operators that have applied for licenses. However, those apps are not live at launch. Here is a brief rundown of what to expect with each of the available options.
In our view, DraftKings Sportsbook is the industry standard when it comes to the online sports betting experience. That trend is expected to continue in Tennessee.
Before emerging as one of the leading U.S. legal online sportsbook options, DraftKings first built its popular brand during the boom of daily fantasy gaming. DraftKings has consistently positioned itself to be among the first online sportsbook operators to go live as states flip the switch on legalized sports betting.
|DraftKings Sportsbook Promo Code||Use our Exclusive Link: FREE $1,000 Bonus!|
|States with the DraftKings Sportsbook App||Tennessee, Illinois, Colorado, Iowa, Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire.|
|Promo Details||1. New players can use our Exclusive Link: RISK-FREE $500 BET|
2. New players are also eligible for a $500 DEPOSIT BONUS
Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable.
3. Deposit bonus up to $500. Deposit is matched at 20% (bonus requires 25x play-thru)
|Does the Promo Expire?||Yes. The $1,000 sign-up bonus promo ends 11/30/20. Eligibility restrictions apply.|
|States with Physical DraftKings Sportsbooks||Illinois, New Jersey, Mississippi, New York, Indiana|
|Promo Last Verified On||December 03, 2020|
DraftKings, however, isn’t simply just thriving off its previous successes or pre-existing brand recognition. Rather, a variety of key factors have played a role in its immense popularity.
A simplistic, yet sleek design creates a user-friendly experience despite the platform’s extensive breadth of bet types and betting options. The ability to balance such comprehensive betting variety with simplistic and aesthetically-pleasing functionality is integral in not just acquiring new players, but also in keeping them coming back for more.
DraftKings Sportsbook in Tennessee also offers consistent implementation of daily odds boosts and periodic “no-brainer” betting specials.
For instance, they recently offered new users 100-1 odds on any NFL team to win during Weeks 1-4, while all bettors were able to back the Chiefs as a 101-point underdog in Week 1. Fun specials such as this one help make DraftKings among the best when it comes to incentivizing players.
FanDuel Sportsbook Tennessee has raced out as a clear leader in other states because of its usability, design, and robust betting options. In addition to its industry-best $1,000 risk-free first bet offer, FanDuel offers bet insurance, odds boosts, and occasional no-brainer promos.
|FANDUEL TENNESSEE SPORTSBOOK APP||RISK-FREE $1,000 BET|
|How To Use The Promo||1. Create an account on FanDuel Sportsbook|
2. Make a deposit
3. Place your first bet at FanDuel Sportsbook. If your bet does not win, you will receive a refund on the value of your first bet up to $1,000.
4. Refunds made with 72 hours.
|States with FanDuel Sportsbook App||Tennessee, New Jersey, Pennsylvania, West Virginia, Indiana, Colorado, Illinois|
|States with Physical FanDuel Sportsbooks||New Jersey, West Virginia, Mississippi, Pennsylvania, Indiana|
For instance, the popular “Spread the Love” betting special allows users to come together to drive up point spreads in football and basketball contests, essentially guaranteeing wins. Previously, FanDuel bettors grabbed teams like the Clippers as a 99-point underdog and the Colts as a 50+-point underdog to cover the spread in select contests. These creative offers have helped elevate FanDuel’s popularity and are expected to do the same in Tennessee.
🚨 BIG NEWS 🚨
We are now officially available in Tennessee for mobile sports betting 🤑
Full details: https://t.co/WVLLxlRScp pic.twitter.com/Oc1l1A49tw
— FanDuel Sportsbook (@FDSportsbook) November 1, 2020
The MGM brand has long been one of the most recognizable names in the casino industry. So it’s little surprise that BetMGM, which is the official sports betting partner of the Tennessee Titans, has emerged as a popular choice for players in states such as New Jersey and Colorado.
|BetMGM Tennessee Bonus Code||SDS500|
|Promo Details||1. Create An Account on BetMGM|
2. Use Promo Code "SDS500"
3. Make Your Deposit
4. You will receive a 100% match bonus on your FIRST deposit amount to $500 at BetMGM Tennessee
|States with BetMGM Online Sportsbook App||Tennessee, Colorado, New Jersey, West Virginia, Indiana|
|Bonus Last Verified On:||December 03, 2020|
Like competing apps, BetMGM offers players a wide-range of wagering options, along with daily bet boosts. Unique to BetMGM are its multiple new user sign up bonuses. Players can choose a more aggressive $500 risk-free first bet option. However, BetMGM frequently runs 100-1 odds promos for new players that require a $1 wager on an easily attainable outcome (two teams combine to make one three-pointer, score one touchdown, hit one homer, etc.) to win $100. The second offer is friendlier to those who don’t want to make large initial deposits.
The only downside of BetMGM is that, frankly, it’s not quite as fun as some of the rival apps. Though it offers daily odds boosts, it lacks the aforementioned creative specials that are routinely offered by DraftKings and FanDuel.
PointsBet Tennessee (Coming Soon)
Hard-charging PointsBet, which is eventually expected to go live in Tennessee, has been a wild card in other markets such as New Jersey, Indiana, and Illinois.
PointsBet offers new players a $250 deposit match, which some players prefer to the more limiting risk-free bet option. That’s because the bonus can be allocated across multiple bets as opposed to a single wager. With excellent customer service, responsive app functionality, and a plethora of betting specials, PointsBet has been able to make a dent in markets despite its lack of established brand name recognition.
In Illinois, PointsBet launched after the likes of DraftKings and FanDuel Sportsbook, but it quickly became a prominent force in the thanks to the aforementioned dynamics and because of its creative betting promos. Notably, PointsBet offered the Bears as an 86-point underdog to the Buccaneers in Week 5 of the NFL season. Needless to say that bet cashed easily. It’s widely expected that when PointsBet launches in TN, it will offer similar deals on teams such as the Titans.
Tennessee Online Sports Betting History
The road to Tennessee online sports betting didn’t feature many twists and turns, but it was a long one nonetheless.
After the U.S. Supreme Court struck down PASPA in 2018, each individual state was given the ability to determine the legality of sports wagering. Initially, the thought was that Tennessee, like other southern states, would be slow to legalize it. However, realizing the potential yearly tax windfall from regulated sports betting, proponents went to work on making it a reality far sooner than expected.
Early estimates pinned the potential tax revenue at approximately $50 million, nearly 80% of which will be allocated to the state’s education fund. A far lesser amount will go to infrastructure and road projects, as well as addiction services and programs.
In November 2018, House Bill 0001 (Tennessee Sports Gaming Act), which was sponsored by both Republican and Democrats, was formally filed for introduction to lawmakers. Despite receiving some pushback and undergoing several tweaks along the way, the bill was approved by both the House and Senate, officially passing on June 4, 2019.
It was returned to Tennessee’s State Assembly by Governor Bill Lee, who had been publicly opposed to gambling expansion, without signature. However, Lee, facing veto complications, ultimately deferred to the majority of his legislature, letting it pass into law.
Shortly after the bill passed, Lee issued a statement in which he expressed general concern about gambling, but noted he was pleased with the General Assembly’s removal of brick and mortar establishments from the bill. Lee went on to call casinos “the most harmful form of gambling” and promised to veto any future attempts to expand gaming in the state, which includes the building of brick and mortar establishments.
On July 1, 2019, online sports betting officially became legal in Tennessee.
Still, well over a year would pass before the state was due to accept its first legal sports wager. The Tennessee Education Lottery Corporation, the entity in charge of regulating the state’s sports betting operation, spent the time adopting official rules. While other states such as Indiana completed drafting rules and regulations in under a handful of months, the process proved to be much more deliberate in Tennessee. In fact, over 16 months will have passed leading to the anticipated November 1 launch date.
In September, the state approved DraftKings, FanDuel, BetMGM and Tennessee Action 24/7 for full operation. In October, three additional operators were approved to go live, but those unknowns won’t be up and running at the start.
Best Tennessee Sports Betting Promos
Good news here for Tennessee sports bettors — the three established sportsbooks set to debut with the state’s launch of sports wagering all offer outstanding new user promos.
|Online Sportsbook||New User Sign Up Bonus||Promos|
|DraftKings Sportsbook||TBD||Daily odds boosts, profit boosts, no-brainer promos on select games|
|FanDuel Sportsbook||$1,000 risk-free first bet||Daily odds boosts, no-brainer specials on select games, Spread the Love campaign, bet insurance|
|BetMGM||$500 risk-free first bet||Daily odds boosts|
Tennessee Online Sports Betting Info
Tennessee online sports betting figures to be an experience like no other.
Indeed, unlike several other states which already offer online sports wagering, Tennessee will do so without brick and mortar counterparts. In other states, online sportsbook operators have partnered with in-state retail casinos to offer sports betting.
In Tennessee, however, such partnerships aren’t only unnecessary, they are also impossible. That’s because Tennessee does not permit on-site retail betting at casinos or sportsbooks. Instead, bets can only be placed online or through a mobile device.
Will this change in the near future? It’s unlikely.
Based on what Governor Bill Lee has previously stated about the “harmful” nature of casinos, further expansion of TN gambling seems unlikely. Certainly, other states have quickly learned that online sports betting is far more popular, and, in turn, lucrative than in-person betting. So Tennessee lawmakers got this part of the equation correct.
Also of note, there exists a strong likelihood that bettors will have a plethora of online sportsbook options from which to choose. While less than a handful of options are available at the onset of operations, there is no limit on the amount of operator licenses that can be distributed. Therefore, some other top players in the space such as BetRivers, PointsBet, and William Hill figure to eventually enter the TN market.
Still, there is one troubling element written into the initial parameters and that is the 10% hold. Typically, sportsbooks take a 5-7% hold. This is problematic in Tennessee because a higher hold is passed onto bettors. For instance, a standard football game point spread bet is priced at -110, which requires a $110 wager to win $100. This higher hold may require -120 to -125 prices, which means that bettors would need to risk $125 to win $100. Over time, these elevated prices add up.
The Tennessee online sports betting markets figures to thrive given the diverse set of options and strong promo offers. However, this is one caveat that could prevent it from realizing its full potential, as some bettors may stay with offshore books.
Betting on Tennessee Sports Teams
Tennessee sports betting law allows for wagering on all of the state’s professional and major college football and basketball programs. Moreover, it is likely that the top TN online sportsbook will frequently center promos and betting specials around these teams.
In September 2020, BetMGM entered into an official sports betting partnership with the Tennessee Titans, marking the first deal of its kind in the state. Expect the BetMGM brand to be visible across Titans digital media products and as part of the in-stadium experience. The Titans figure to be a heavily bet team in the Tennessee market.
Given the Titans’ online sports betting partnership with BetMGM, and the similar deals between NHL clubs and online sportsbook operators, it’s expected that the Predators will follow suit with such a pact in the near future.
Betting on Tennessee College Teams
Along with professional sports, TN bettors can place pre-game wagers on Division 1 basketball and football, including in-state schools. However, they are prohibited from in-game live wagering and prop wagering on such schools, including:
- Austin Peay
- East Tennessee State
- Middle Tennessee
- University of Tennessee
- Tennessee Tech
- UT Martin
- East Tennessee State
- Middle Tennessee
Also of note, wagering on high school and youth sports is prohibited.
How to Bet Sports Online in Tennessee
As is the federal standard, a person must be at least 21 years old to place a legal wager and be physically located within Tennessee state limits (or in another state where online sports betting is legal) to place an online wager.
To get started, download and register for DraftKings Sprotsbook, FanDuel Sports, and BetMGM. After completing the registration process, continue by making a first deposit.
Funding Online Sportsbook Accounts
During the early days of U.S. legal online sports betting, the accounting aspect was often delayed and could be choppy. However, the process has become much easier and efficient over the last year. There are several quick and convenient ways to fund a sportsbook account in Tennessee. Among the options include:
- Online banking (typically the preferred method)
- Credit or debit card
- Prepaid cards
- Pay with cash at designated stores
- Cash at cage
- Wire transfers
In our experience, most direct online banking options and PayPal tend to be hassle-free, quick, and seamless.
Tennessee Sports Betting FAQ
Can I legally bet on sports in Tennessee?
Yes, you can legally bet on sports in Tennessee, as it became legal there on July 1, 2019. The state is expected to begin taking wagers on November 1, 2020.
Where can I legally bet on sports in Tennessee?
Unlike other states with legal sports betting, Tennessee does not offer casino or retail sports wagering. However, bets can be placed from a computer or mobile betting application from anywhere within state lines. Of course, this includes bars, restaurants, and residences.
What sports can I bet on in Tennessee?
The NFL is the most popular sport to wager on in the United States and is available in Tennessee. Other prominent leagues include the NBA, NHL, and MLB, meaning that TN bettors can back teams such as the Tennessee Titans and Nashville Predators. Meanwhile, betting on collegiate sports is also permitted, so bettors can wager on teams like the Tennessee Volunteers, Memphis Tigers, and others. However, they cannot place live wagers or prop bets on in-state schools.
When does sports betting go live in Tennessee?
Sports betting became legal on July 1, 2019, but the state is not expected to accept bets until November 1, 2020.
What types of bets are permitted?
All standard bets will be made available, including straight wagers, point spread bets, totals bets, live in-game, player props, game props, teasers, and parlays.
Do I have to be in Tennessee to bet?
Yes, at least if you are using a Tennessee online sportsbook app. You can also legally wager on sports in other states that already permit it. In some cases, like with DraftKings Sportsbook, a single app can be used in multiple states. Each app and state, however, carry different specifications.
Get the Latest Tennessee Sports Betting News
Be sure to check back here often for all of the latest Tennessee sports betting updates, including information on the best promos, bonuses, and special offers.