Online sports betting in Tennessee

People living in Tennessee with a love for sports betting have a lot of choices when it comes to online sportsbooks. There are many reputable sports betting sites from some of the top brands in America licensed top to operate in Tennessee. As online sports betting in Tennessee has continued to grow in popularity, there are more and more people seeking information on how to get started.

In this guide, we take a look at the most commonly asked questions about placing bets on sports in TN. We’ll also give you a rundown of the best sites to bet on sports online in Tennessee. For those interested in finding out if online betting is legal in Tennessee, we’ll let you know the latest laws and tax obligations for punters.

Best online sports betting sites in Tennessee

There are several online sports betting sites legally operating in Tennessee. Each has something unique to offer, but the most important thing to keep in mind is that they are licensed and regulated. This ensures that they are a reliable betting site that’s fair to customers.

There are a few things to look out for when determining if a sports betting site is the best or not. These are generally factors such as customer support, the range of sports betting markets, and the available transaction methods. Below, we take a look at the best Tennessee betting sites.

DraftKings Tennessee

FanDuel Tennessee

Caesars Tennessee

Pointsbet Tennessee

Barstool Tennesse

Is online sports betting legal in Tennessee?

Yes, online sports betting is legal in Tennessee. Official legalization happened in 2019, but it took some time for the legislators to finalize the official laws for this pastime. It was only in November 2020 that online and mobile sports betting in Tennessee first launched. The only way you can place bets in the state is with a mobile app or online. There are no physical retail locations allowed at this time.

Sportsbooks with sports betting apps in Tennessee have several incentives to encourage punters to use them, and, thus, stay within the confines of the law. Geolocation software is used to ensure that you’re physically located in TN, as is required by the state’s laws.

Before joining a sportsbook, you need to make sure that they are licensed to operate in the state. The Sports Wagering Advisory Council has been the official regulatory body for sports betting in TN since early 2022.

Sports to bet on in Tennessee

It might seem obvious that a Tennesee sportsbook will have sports for you to bet on. But you’d be surprised to see that some sports betting sites don’t provide all the big sports. Some may choose to only focus on American sports such as football and baseball, while others are happy to include internationally popular sports like cricket and rugby.

That’s why it’s important that you check the sports and leagues covered by your preferred online sports betting site. This is some of the first information you see when you visit a TN betting site. They’ll aim to highlight sports they believe you’re most likely to be interested in. Some of the best sports to bet on in Tennessee are:

Each of the above has local TN leagues, national professional leagues, and sometimes even international versions. If you want to see what else is on the betting sites operating in Tennessee, though, you can make use of the search function if they have one. Otherwise, manually check their list of sports and leagues, which is most likely to be in alphabetical order. The customer support team is also available to help you with this type of information.

Different types of bets available on TN online betting sites

Placing a bet on a sports game is more than just predicting who will win and who will lose. There are different types of bets that you can place in the state of Tennessee, which make the whole experience a lot more exciting. Some are simple and perfect for new punters, while others require a bit more experience if you’re going to be successful. Let’s take a look at some of the most commonly used betting types in TN:

Moneyline bets

Moneyline bets is one of the most basic wagers you can place on a game. You basically bet on which team will win the games. |Other factors such as point spread are not included in the bet. IT’s perfect for those who are new to sports betting.

Over/Under

When betting on over/under, you’re betting on whether the betting site has made the right prediction on the outcome of a game. The sportsbook provides a number for statistics in a specific game, then you have to bet that the number for the actual game will be high or lower than the sportsbook’s number.

Totals

Similar to over/under bets, totals bets allow you to bet on whether the sportsbook’s total scores for a game will be over or under their prediction. The total combined scores of all teams in the game are what you should keep your eye on as a bettor. This prediction is made before the game, so you can’t use this type of bet on a live game.

Point spread

When you place a point spread, you’re trying to predict what the final score between two teams in a game will be. You’ll see a positive and negative number provided by the betting site. For example, if the point spread is 3, there’s be a +3 and – 3. The favorite to win will get the -3 number, and the underdog will get the +3 number.

Parlay bets

Parlay Bet, also known as a multi-bet, accumulator bet, or a combo bet, is a type of bet that allows you to place a single bet on more than two individual wagers. To get a payout, all the wagers need to win together. It’s a complex bet type that’s suitable for experienced punters.

Teasers

With a teaser bet, you can combine your bets on two or more games. You can also adjust the point spreads for the different games. However, when you do this, your winnings are lowered. Teaser bets are most commonly used in football and basketball betting.

Futures

As the name suggests, a futures bet is one where you have to predict who will win a tournament, league, or MVP. These are based on long-term results, making them hard to predict correctly.

Live betting

Also known as in-play betting, these types of bets can be placed during the game, as opposed to before. The odds change based on what’s going on during the game. It’s an exciting type of betting that adds lots of thrills to watching sports.

How to bet on a Tennessee sports betting site

Whether you choose to go the route of mobile sports betting in Tennessee or prefer to use the desktop site, it’s very easy to get started. Since this activity has been legal for a few years now, there are still many who are curious about it and want to give it a try. Below, we’ll give you a step-by-step guide for anyone new to the world of online sports betting in Tennessee.

1. Find a TN online sports betting site

This step is easy since you can find all the best online betting sites in Tennessee right here. This is a convenient way for you to get reliable information on the many sports betting sites available in TN.

You can also check if there’s a sign-up bonus as well. This is a great advantage for you when you first sign up with them.

2. Make sure the betting site is licensed in Tennessee

When you’ve found your preferred betting site, you should check their licensing information. This is very important to ensure that you’re following the law by betting with a Tennessee-registered betting site. The licensing information can be found on the site, usually in the footer. You can also visit the Sports Wagering Advisory Council site and look under “Approved Licensees and Registrants” to see if your sportsbook is licensed.

3. Make sure the betting site accepts your preferred payment method

In addition to licensing information, another important thing to take note of is the payments page. Check what their range of payment methods is and where they are convenient for you. You can also check how long the transactions take, especially for withdrawals.

4. Sign up with your details and create an account

If all looks good, go ahead and start the registration process. This sign-up button will be prominently visible when you visit the sports betting site or app. Click on it, and you’ll be taken to a short form.

Fill out this form with basic information such as your account username, email, and secure password. All of these details will be used to communicate with you. You may also need to complete the KYC (know your customer) process. Here, you’ll be asked to provide a copy of your ID and proof of address. To stay in line with the laws of TN, you also need to confirm that you’re over the age of 21 with your ID and to prove that you’re physically located in Tennessee via geolocation software.

5. Enter a promo code if you have one

If you’re lucky enough to have a betting promo code, enter it where requested. This will give you access to a bonus such as a free bet or boosted odds. If the promo code doesn’t work, double-check that you typed it correctly and that it hasn’t expired. The customer service team can also help you if you’re having trouble with the promo code.

6. Deposit funds

With your new account set up, it’s time to make a deposit. This is a straightforward process, and the sportsbook will guide you through it. Go to the cashier section of your account and click on deposit. Then, choose your preferred payment method and type in how much you want to deposit. Depending on your chosen payment method, the cash should reflect in your account within a few seconds.

7. Start betting on sports

Now that you have cash in your account, and possibly even a welcome bonus, you can start placing bets. Look around for sports games starting soon and place some bets.

Online sports betting promo codes & bonuses in Tennessee

A good site will have some betting bonuses in Tennessee available for you. These can be exclusive to only new account holders, or you can get them via their loyalty program. Each betting operator will have its own rules around promo codes and bonus offers. That’s why you should read and understand the terms and conditions. Let’s take a look at what you should keep in mind when you have a promo code or bonus offer.

Betting promo codes in TN

When you have a betting promo code in Tennessee, it means that you’ve been given a short series of numbers and letters that you can enter on a sportsbook and get a bonus offer. The betting site will grant you your bonus if the code is valid. You need to take note of the expiry date so that you use it while it’s still valid.

There are several ways to get a promo code in TN. One of the most common is via an advert on an internet advert. You can also get them at sportsbook affiliate sites. These sites will give you a review of the betting site and a promo code you can use to sign up with them for a bonus. A refer-a-friend promo code is also a common way of getting one.

Betting bonuses in TN

While a promo code is a common way of getting a betting bonus, you can also get one just for completing a qualifying requirement. These requirements can be completing the registration process for a new sportsbook account or for placing depositing a certain amount of money.

There are different types of bonuses that you could get. Some of the most common betting bonuses in the state are:

If you’re on the hunt for a bonus, check the sportsbook’s promotions page. There, you’ll see details about the bonuses and who qualifies for them. An important thing to note is that the bonus offers usually come with terms and conditions, such as wagering requirements. You might need to make some real money bets before you can withdraw winnings from a free bet, for example.

Also, the terms and conditions will give you details of how to use the bonus. For example, a free bet may only be used on a particular game or during a specified weekend tournament.

Are there any physical sports betting locations in Tennessee?

There are no physical sports betting locations in the state of Tennessee. Punters in can only place bets online via betting sites or apps. When the legislation on legalizing sports betting in the state was first put on the table, there were considerations for brick-and-mortar locations and kiosks. But, unfortunately, this was abandoned.

This means that, in order to legally bet on sports while you’re in Tennessee, you’ll need to do it online. Fortunately, there are lots of great, registered online sports betting sites for you can choose from, as indicated earlier in this article. If you really want to go to a physical location, you’ll have to visit places in other states where it’s legal.

Tips for betting on sports using TN sports betting sites

Placing a bet on sports online in Tennessee is very straightforward. All you have to do is to log in to your sports betting account, make a deposit and place some bets. But, there are a few things you need to keep in mind in order to make the most of your experience while also staying safe and responsible. Some of the factors you need to take note of are:

Brief history of sports betting in Tennessee

Tennessee Sports betting taxes and fees explained

When sports betting became legal in Tennessee, there were rules around revenues, and taxes were put in place. These are regulated and enforced by the Sports Wagering Advisory Council. Some important aspects of the taxes on sports betting in Tennessee are:

TN sports betting revenue

Since sports betting became legal in the state back in November 2020, there’s been an upward trend in revenues for online gambling sites in Tennessee. Of particular note was November 2021, when TN sportsbooks took in betting handles of over $375 million. For year-on-year comparisons, January to April 2022 saw a handle of close to $1.4 billion, compared to $766 million in the first four months of 2021. These numbers are expected to continue growing as more people take on online sports betting in Tennessee.

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