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Tennessee Sports Betting

Lukasz

Updated: Aug 10, 2023

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Sports betting officially kicked off in Tennessee in late 2020, transforming the industry in the US. The state offers online-only betting, and players use smartphones, tablets, and desktops to place wagers on a host of professional and college athletic events.

Most states focus on land-based sports betting and then move on to online betting, but not Tennessee. The state wasted no time in getting started, even though there were zero casinos providing services.

Top operators offer sports betting in the state, including DraftKings, BetMGM, FanDuel, and WynnBET. With premium sports betting operations, players can easily place a wager 24/7.

Pros & Cons Of Betting On Sports In Tennessee

Pros:

  • Convenient betting 24/7 via mobile and online operations.
  • Quality promotions provide bonus cash for your online betting account.
  • Major players are involved in the industry, including William Hill and DraftKings.
  • Apps streamline the betting experience with simple controls.
  • Find an excellent selection of sports categories, including NFL, NBA, NHL, MLB, and more.

Cons:

  • Retail sports betting is illegal.
  • Rural areas may have spotty internet service that interrupts betting.
  • Sports fans miss out on the fun of live betting during games in a land-based setting.
  • Some promotions have high wagering requirements that may be hard to clear.
  • Access to online-only sports betting can be addicting to some players.

Would We Bet On Sports At Tennessee Sportsbooks?

Yes! Online is the only way you can bet on sports in the state. The legislation was approved in mid-April, and by November 2020, betting options were live.

Tennessee offers a plethora of operators, with betting featured via apps and desktop sites. Check out how to sign up and where to play below.

Tennessee is a top state when it comes to online sports betting. Several providers currently offer services, which gives sports fans a mix of big-name companies to choose from. Because betting is limited to online apps or desktops, it’s easy to post a wager anytime you like.

The only downside to the industry in the state is There are no physical sportsbooks available. If you prefer wagering in-person and watching a big game with others, Tennessee will not provide what you are looking for.

How To Sign Up At A Betting Site

As a new player in Tennessee, you must create an account at a betting site to start wagering. This can be done via desktop or mobile app on iOS or Android devices.

  • Visit the operator you wish to join and select the ‘Sign Up’ or ‘Join Now’ button. Fill out a short registration form with your name, address, telephone number, email, and last four digits of your social security number.
  • ID verification is required, so once you provide this information, you must send in a copy of your Photo ID.
  • Only sign up for one account per operator. You can easily have an account with FanDuel and DraftKings, or other operators, taking advantage of competitive betting lines and odds.

However, if you try to set up multiple accounts with one operator, then it will result in your accounts being locked. Only one account per site/app is allowed per person.

GeoComply

In Tennessee, operators must implement geolocation technology to pinpoint your location before you are allowed to wager. Companies like GeoComply are used to ensure that you are located within state lines.

After you sign up for a new player account, the operator will ask you to download geolocation software. Once downloaded, you do not have to take any additional steps, and the software operates in the background.

Sports Betting Apps

The easiest way to access online sports betting is by downloading the operator’s app on your Android or iOS device.

The download process takes just a few minutes, and once completed, you will need to sign up or log in to start placing bets. Apps offer the same options as the desktop site, including betting promotions, a cashier, betting markets, and more.

Players often choose to wager with apps instead of desktop sites due to convenience, as betting can occur anywhere.

Pros & Cons Of Sports Betting Apps

Pros:

  • Bet from anywhere you have an internet connection.
  • Apps offer streamlined betting with all you need in one convenient platform.
  • Access services via iOS and Android devices.
  • Some operators may offer special promotions for mobile users.
  • Top sportsbooks continue to revamp apps using the latest technology for an enjoyable experience.

Cons:

  • Apps can only be accessed if you are in Tennessee.
  • Spotty internet service may cause difficulties when posting a bet.
  • The convenience factor may increase your risk of problem gambling.
  • Smaller controls can make it difficult for some players to wager.
  • You may be more comfortable posting bets on a desktop with a larger screen.

The following sports betting apps are currently being offered in Tennessee:

Action 24/7 Sportsbook App

This option is an app provided by a company based in Tennessee. The app offers a different experience than the larger companies like DraftKings and FanDuel.

BetMGM Sportsbook App

Provided by MGM Resorts International, the BetMGM betting app is a top-rated online sports betting app that users in several states take advantage of. In Tennessee, the operator was one of the first to offer mobile betting in the state.

The app provides unmatched functionality, with a streamlined betting experience like none other, making it a favorite among sports fans.

DraftKings Sportsbook App

Considered a top competitor in the sports betting industry, DraftKings betting app offers a customized wagering experience in Tennessee.

Players enjoy using the betting carousel, which allows one to track betting history and set preferences based on betting options you prefer.

FanDuel Sportsbook App

With the FanDuel app, players have a promotion-focused application, where premium offers are provided regularly. Easily find a deal that works for you throughout the year, even as an existing player.

Customer support is top-notch here, with all the best sports covered via a variety of betting markets.

William Hill Sportsbook App

As a UK-based brand, William Hill has started to build a name for itself in the United States. The company launched in Tennessee in March 2021 and has given players a new alternative for sports betting. Promotions are plentiful here for both new and existing customers.

WynnBET Sportsbook App

Operated by Wynn Resorts, this brand went live in the state at the end of April 2021. WynnBET offers a social betting atmosphere, perfect for those who want a little more interaction with sports betting.

The app’s interface is of the highest quality and makes it easy for beginners to place bets for the very first time.

TwinSpires Sportsbook Sportsbook App

Churchill Downs is in charge of the TwinSpires brand, moving its Kentucky-based sports betting services to new areas of the US.

In Tennessee, the app offers full-scale online sports betting with premium resources for all bettors to take advantage of.

How To Fund Your Betting Account

Before you can start placing sports bets for real money, you need to fund your account. Operators in Tennessee offer a large selection of banking methods for deposit as well as withdrawal needs.

Easily select from the available options and find an excellent source for funding your account.

How to Deposit:

  • Log in to your account via mobile or desktop.
  • Click on the ‘Cashier’ and select ‘Deposit.’
  • Choose the method for deposit and the amount you wish to add.
  • Follow the directions provided by the sportsbook to complete your deposit.
  • Once funds are added, use the money to place sports bets.

How to Withdraw:

  • Log in to your sportsbook account and select ‘Cashier.’
  • Click on ‘Withdrawal’, choose your method and amount to remove.
  • Follow the steps provided to complete the withdrawal process.
  • Funds will be added to your bank account or chosen method based on the wait times specified by the operator.

Online Sportsbook Payment Process

In Tennessee, only the best and most convenient banking methods are provided for deposits and withdrawals.

Each site generally offers the same options, so you will have no problem moving from one operator to another. Below are examples of typical deposit and withdrawal methods you will find in the “Volunteer State.”

Deposit Methods:

  • Credit cards
  • Debit cards
  • E-Wallet
  • Wire transfer/money order
  • Prepaid cards
  • PayNearMe
  • VIP Preferred

Withdrawal Methods:

  • VIP Preferred
  • E-Wallet
  • Wire transfer
  • Prepaid cards

How Do Sports Betting Sign Up Offers Work?

What are sign-up deals? Are they worth exploring? As a new player to online sportsbooks in Tennessee, you will come across sign-up offers at each operator you visit.

A signup deal is a promotion the site provides to entice you to give their brand a try. In general, such deals provide you with cashback for betting or free bonus cash to wager with as a new player.

Look for standard deals, including first deposit, no deposit, and risk-free bets.

First Deposit Offer

This promotion is the most commonly offered by sports betting sites. With this deal, you are given a percentage of bonus cash back based on your deposit amount. This type of offer usually provides a 100% match.

For example, if a sportsbook has a 100% match deal worth up to $1,000, you can deposit as much as $1,000 and receive the same amount back in bonus cash.

A first deposit deal and other promotions have wagering requirements you must meet to clear the deal and cash out. Sometimes, it means placing specific bets, while other times, it means wagering the cash and deposit amount a certain number of times, such as 10-30x.

Please read the terms and conditions thoroughly to understand a deal before claiming it fully.

No Deposit Offer

If you are searching for a way to try an online sportsbook free of charge, the no deposit deal is the best way to do it. This deal offers you bonus cash to place wagers at the site.

The site provides the funds, so there is no risk of losing your hard-earned money. No deposit promotions are a great way to try out a new operator at no cost to you.

Risk-Free Bet

With this type of bet, you are provided bonus cashback for a loss. Basically, you place a wager worth up to a certain amount. If you lose the bet, the sportsbook gives you bonus cash equal to the loss.

This deal is a favorite among players as it allows wagering with the potential to receive bonus cash on a loss, so there is no considerable risk from the investment.

Where Can I Place A Bet In Tennessee?

Unfortunately, there are no retail sportsbooks in Tennessee. When the industry was legalized, services were restricted to online only. Players can access sports betting strictly on a desktop or mobile device.

Tennessee Sports Betting Laws And Tax Rates

State legislators approved sports betting in April 2019. Governor Bill Lee did not sign the bill, but it could pass into law without his signature.

The state is one where only online wagering is allowed, so there are no legal retail sportsbooks available. Any company can apply for a sportsbook app license, and the state lottery must approve the entity for licensing.

Tennessee has higher tax rates on operators regarding services, with a 20% cut from revenues. The state also has a requirement that providers hold a minimum of 10% of all wagers. License holders pay a $750,000 annual fee to offer services.

Gambling Problem? Find out how to exclude yourself from betting sports in Tennessee.

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