Tennessee Sports Betting
Learn how to bet on sports online in Tennessee, and compare the best legal online sportsbooks in Tennessee for 2023 below.
Best Sports Betting Apps in Tennessee (2023)
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Tennessee Online Sports Betting Sites
Trying to figure out the best sportsbooks in Tennessee can be a tough ask, especially if you’re new to the world of online sports betting. Today, we’re going to guide you towards finding the most suitable sportsbooks for your needs.
With sports betting in Tennessee growing rapidly after becoming legal in November 2020, there’s no better time to get in on the fun than right now. And, with such a competitive field of popular betting platforms, it’s the users that reap the rewards.
Here, you can read up on how to join a new Tennessee sports betting site, discover the rules and regulations concerning sporting wagers in the state, and so much more.
Let’s dig into the details.
#1 Best Tennessee Sports Betting Site - BetMGM
BetMGM is one of the names that roll off the tongue when you think about online betting, and they’ve been part of the Tennessee sports betting family since its inception in late 2020.
As the official partner and web-based platform of MGM Resorts, BetMGM boasts some of the most glamorous and exciting bonuses in the country. The site refreshes its range of promotions all the time, with vouchers and trips to some of its retail locations available via the Rewards Program.
And when it comes to sports betting, few do it better than BetMGM. Much like its competitors, BetMGM brings Cash Out to its Tennessee branch - but there’s a twist. The site lets you change your bet by using the Edit My Bet feature, and here you can increase or decrease your current wager. With this comes new opportunities to win.
Notable sports you’ll come across at BetMGM are:
- Soccer
- NHL
- NFL
- MLB
- Golf
- MMA
Even the likes of tennis and badminton can be found at BetMGM, with other niche options also on display.
#2 Best Tennessee Sports Betting Site - FanDuel
Owned and licensed by the online gaming powerhouse that is Flutter Entertainment, FanDuel made a name for itself in TN as a Daily Fantasy Sports provider. Nowadays, things are a tad different.
The third and final to make its way to the Volunteer State on the very first day of legal online sports betting Tennessee, FanDuel looks likely to remain in the area for a long time to come. Jam-packed with incredible offers throughout the year, along with top odds on some of the most-watched sports in the US, what’s not to love about the sports betting platform?
Some boosts we recommend keeping an eye out for at FanDuel’s online Tennessee sports betting site are:
- Odds Boosts
- Refer a Friend Bonus
- Prop Boost
- Parlay Insurance
It’s not just about the wide range of rewarding promotions at FanDuel, though. The sportsbook is well-known for offering a vast array of great odds, like:
- MMA
- NFL
- NHL
- MLB
- Soccer (MLS, Premier League)
- Darts
Plus table tennis and some other lesser-known sports. As you can see, FanDuel is far more than just a DFS website.
#3 Best Tennessee Sports Betting Site - WynnBet
Unlike the sportsbooks we’ve mentioned up to now, WynnBet arrived in Tennessee well after sports betting was made legal. However, by joining in April 2021, the sports betting site had an opportunity to see what bettors did and did not like about the already-present betting sites and use that information to their advantage.
Today, WynnBet stands out from the crowd as one of the most-used websites for online sports betting in Tennessee. A product developed by the Wynn conglomerates, WynnBet is intrinsically linked to the retail properties scattered all over the nation. Thanks to this, there are prizes to be won that include free trips to these venues.
But, if you’re solely looking for sports markets, we’ve outlined some that you’ll encounter at WynnBet:
- Totals
- Over/Unders
- Point Spread
- Moneylines
- Prop bets
- Futures
- Parlays
These, along with the extensive list of sports found on the WynnBet Tennessee sports betting site, make WynnBet arguably the best option for bettors looking to wager on everything they possibly can.
Keep in mind that the banking methods used to process transactions are limited on the site, but some of the more popular deposit and withdrawal methods are available:
- Visa
- PayPal
- Mastercard
- Play+
- Cash at Cage
#4 Best Tennessee Sports Betting Site - Caesars
Another giant in the gambling world, Caesars shifted its focus to online sports betting in Tennessee at the beginning of August 2021. The famous gaming operator took over from William Hill that same year, merging the two into one sensational sports wagering product.
While there may have been some apprehension from some bettors as to whether or not Caesers could translate its casino success into becoming an online sport betting leader, the team at Caesars appeared confident. And why shouldn’t they?
Immediately, Caesars included its Rewards Program as part of the online sports betting experience. This allowed customers to bring their previous Caesars Rewards account over to the new Tennessee sports betting site, making room for extra rewards to be won.
On top of Caesars Rewards, you can look forward to other bonuses on the site, such as:
- Boosted Odds
- MLB Bonuses
- Match Bonuses
There’s an app that can be downloaded free of charge from the Google Play Store and iOS App Store. Since sports betting in Tennessee is online-only, this is the only (and best) way to enjoy Caesars’ online sports betting site.
How We Pick & Review the Best Tennessee Sportsbooks
To decide on the best online sportsbooks, we use a specific list of criteria to perfect our choices. We realize that this isn’t something everybody has time to do, so we’re going to let you in on our list today.
Whether it’s to do with the safety of information, the types of payments available, which betting markets players can choose from, or simply the overall customer experience: we take it all into account.
In this section, you’ll get an opportunity to see the exact process we go through when searching for the best sites for sports betting in Tennessee.
Secure, Licensed, & Legal
Safety is the absolute number one priority for us, and we hope it’s at the forefront of sites operating online sports betting in Tennessee, too.
When hunting for sportsbooks to review, we examine whether or not they are licensed by the relevant authorities. In this case, the Sports Wagering Advisory Council is the sole overseer of all things related to gambling in the state. As a result, we expect to see wording pertaining to a license from the SWAC on each betting site in TN.
By sticking to legal sportsbooks in Tennessee, you’ll ensure:
- You’re avoiding potential scams
- The site you’re playing at is secure
- You’ll be part of a larger, safe, betting community
As an added layer of protection, look for sites that encrypt all information entered on the site. This prevents criminals from stealing your personal information.
Good Range of Payment Methods
Is there anything more annoying than seeing a fantastic welcome offer, then creating an account with the sportsbook, only to discover that none of your payment methods is supported by the sports betting site?
This is why it’s vital to read the small print when it comes to signing up for new sportsbooks. More often than not, Tennessee sports betting platforms make it easy to view the range of banking options, so finding your preferred method should be simple.
Popular payment methods for deposits and withdrawals and TN sportsbooks are:
- PayPal
- Online bank transfer
- ACH
- PayNearMe
- Cash at Cage
- Prepaid Cards
Withdrawals are often slower than deposits as they go through security checks before being released, but most transactions to your bank account shouldn’t take any longer than five working days.
Also, read through the terms and conditions of the site for fees. This prevents any unpleasant surprises when you confirm payment.
Wide Range of Sports & Betting Markets
The best part about online sports betting in Tennessee is the wide variety of unique and exciting betting markets on display. You can choose between wagering on niche sports for a little while or switching things up and wagering on the most-viewed sports events on the planet.
The key is that you’re in control of what you want to bet on. Find some popular sports at the aforementioned Tennessee sportsbooks, below:
- Soccer
- MMA
- NASCAR
- Golf
- Baseball
- Basketball
- Hockey
- Tennis
Betting would be quite dull without enthralling markets, though, and Tennessee bettors are fortunate in that regard. At Tennessee sports betting sites, you can wager on the following markets:
- Totals
- Over/Unders
- Futures
- Moneylines
- Parlays
- Point Spreads
High Betting Odds
Winning is the part that every bettor dreams about. Without the ability to win big, there’s no reason to join sites offering online sports betting in Tennessee. Thankfully, Tennessee has high betting odds in abundance.
The benefit of using high betting odds to your advantage is easy to understand: it provides better opportunities to win greater sums of money.
For instance, imagine you became comfortable at a particular online sportsbook. You continue to wager on various sports events, but after a while, you started to notice that your wins are getting smaller and smaller.
When this happens, it’s time to shop around. Too many players forget that there are tonnes of betting sites to choose from in Tennessee, with high betting odds a crucial aspect of their services. Be sure to compare odds consistently to reap the maximum rewards.
Mobile Experience & Apps
With all online sports betting in Tennessee taking place online, the mobile function of sportsbooks in the state is pretty important.
Unsurprisingly, the fact that each betting site in TN operates in an online-only manner hasn’t hampered their success. This is likely due to the coincidental sharp increase in demand for mobile betting all over the world.
To find sports betting apps in Tennessee, simply head to the app store relevant to the device you’re using. That could be the iOS App Store or the Google Play Store. From here, search for the app in question. Should you fail to find the application you’re looking for, you might want to search online for more information. We recommend checking out the site’s FAQ section.
Customer Support
Continuing to rise in importance is the function of customer support services at Tennessee sportsbooks. As everything takes place on the internet, it’s a must for every sports betting app and website to supply a solid, easily accessible customer support desk.
Common ways sportsbooks in TN allow you to get in touch are:
- Live Chat
- Raising a ticket
- Email Support
- Telephone Support
While Mail is a little outdated for support queries, some sites could still support this feature. However, we recommend using any of the above-mentioned contact methods for a speedy fix.
Welcome Bonuses & Live Streaming
With a bunch of similar sportsbooks currently active in Tennessee, their primary goal is accumulating more customers in any way they can.
The most common approach is actually quite clever, and it works. By offering large bonuses to customers, both the online sportsbook and bettors have something to gain. We recommend searching for welcome bonuses that match your deposit with a high ceiling as these are often most rewarding.
Other bonuses to watch out for can be found below:
- No Deposit Bonus: It’s exactly what it sounds like. There’s no need to deposit, just take advantage of a free boost.
- Free Bets: Earn a free bet by meeting particular requirements.
- Odds Boost: Select events and markets receive a boost, making them more rewarding than usual.
- Reload Bonus: Get an extra bonus for depositing more than once.
Live Streaming & Other Features
It’s almost impossible to discuss live streaming without talking about in-play betting, with the pair of features working in tandem. See, with live streaming you can watch the action unfold as it happens, while in-play betting lets users catch up on new, refreshed odds that are based on the events within the match or tournament.
There may be requirements that need to be met prior to accessing a live stream. You could be asked to wager on the event, deposit funds, or it could be free. Either way, live streaming is an excellent addition to the roster of features at online betting sites in Tennessee.
There are plenty of other features these days, including:
- Cash-out
- Bet insurance
- Parlay calculators
- Odds calculators
- Statistics
How to Join Tennessee Sportsbooks - Step by Step Guide
Open an account
By now, you may know which sportsbook you want to create an account with, and that’s great! Once you’ve done that, you’ve gotten past the hardest part and it’s time to start enjoying yourself.
First, though, you’ll need to set up your brand new account. No matter where you’ve decided to sign-up, the process will remain largely similar.
The most important thing to do is enter all of the information correctly. Otherwise, you will need to fill in the registration form again. Below, we’ve listed some of the information you’ll need to input on the registration form:
- Full name
- Email address
- Home address
- Telephone number
- Date of Birth
- Four final digits of Social Security Number
And, lastly, you’ll need to enter a username and password. In doing so, you’ll have created a new account at the sportsbook of your choice. Now, you must verify your identity.
Verifying Your Identity at Tennessee Sportsbooks
While the above information can sometimes be enough to verify your identity, there are some cases where this isn’t the case. If so, you may need to upload some personal documentation.
The documents most sportsbooks prefer you to use are:
- Utility bill (water bill, phone bill, mortgage statement)
- Credit Cards or Debit Cards
- Government-approved Photo ID (passport, drivers license)
Simply take clear pictures of these documents and have them at the ready. When prompted, send them to the security team on the site. They’ll use this information to verify your identity and protect your account.
How to Deposit & Withdraw at Tennessee Sports Betting Sites
Depositing and withdrawing funds to and from your online betting account couldn’t be much easier than it currently is. In part, this is down to sportsbooks opening themselves up to new ways to pay, like e-wallets.
It’s also because having an easy transaction process in place benefits both parties.
Some of the most useful banking methods used by sites providing sports betting in Tennessee include:
- Debit cards & Credit cards
- ACH
- PayNearMe
- Prepaid Cards
- PayPal
- Online Bank Transfers
It’s worth noting that withdrawal methods often vary from sportsbook to sportsbook, and they rarely allow the exact same payment methods for both.
To begin a transaction, head to the Banking section of the site - also known as the Cashier - and select whether you want to Deposit or Withdraw. Enter the amount you want to transact, and click Confirm. While deposits are usually processed right away, you could be waiting a few business days for withdrawals to go through.
Online Sports Betting Laws in Tennessee
With sports betting finally arriving in Tennessee back in November of 2020, following the signing of the Sports Gaming Act more than a year earlier. Despite the lengthy wait, bettors flocked in their thousands to place bets immediately.
There are, of course, various laws and regulations in place to protect not just the integrity of sports betting within Tennessee, but also players themselves.
These laws include:
- A minimum age limit of 21 for bettors
- Members of sports teams, leagues, or entities cannot wager
- People with any sort of leverage over the outcome of a sports event are prohibited from betting (i.e. a referee)
- College prop bets are strictly banned
- Bettors must be within the state’s borders to place a bet
Licensees must pay a yearly fee of three-quarters of a million dollars on top of the $50,000 registration fee. Additionally, operators are subject to tax revenue at a 20% rate.
The Sports Wagering Advisory Council - The Regulatory Body
Formerly overseen by the Tennessee Education Lottery, regulation of the sports betting industry is now undertaken by the Sports Wagering Advisory Council. With papers signed, sealed, and delivered by the governor in July 2021, this change is still in its youth.
Previously, the TEL was a nine-member board that provided oversight for everything related to online sports betting and licensing in the state. The board could revoke and award licenses to operators, as well as punish misbehavior with fines.
These duties will now be carried out by the Sports Wagering Advisory Council. However, considering it’s still so young, it’s unclear as to exactly how it will operate. One thing is certain: it will remain a nine-person board.
Things may well change in the future, with this being a fluid situation.
Offshore Illegal Betting Sites vs Domestic, Legal Sportsbooks
Under the ruling of PASPA, Tennessee was incapable of offering bettors the much sought-after delights of online sports gambling. Come 2019, though, and PASPA had already been a thing of the past for a year.
Today, offshore sites are nowhere near as popular as they once were. In spite of their best efforts, they have been unable to retain such numbers that were once boasted. This is a good thing.
Offshore sites are unsafe, unfit for purpose, and dangerous. They are not held to the same regulations or laws applicable to domestic, licensed sportsbooks. For these reasons, we recommend avoiding offshore platforms and sticking with the sites based in Tennessee.
When you play at domestic and legal sports betting sites in Tennessee, each of the following is true:
- You’ll be playing in a secure environment
- You are giving back to the community via taxes
- The sports betting infrastructure in Tennessee can continue growing
FAQs
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Robert is responsible for all content on BettingGuide US. Robert previously worked as a poker dealer during his college years at MIT where he studied Computational Science and Engineering. With a great interest in gambling, Robert likes to go in-depth when writing so that you can make a wiser choice when choosing an operator.
