Tennessee Sports Betting: Best Sportsbooks For 2024
Tennessee sports betting is legal and live exclusively online. There are 10 active sports betting apps in the state, with FanDuel, BetMGM, DraftKings, and Caesars leading the charge and offering various sign-up incentives to new users.
Read below for a comprehensive look at the Tennessee sports betting market and available books in the state.
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Best Tennessee sports betting sites and apps for October 2024
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Contents
Is Tennessee sports betting legal?
Yes, Tennessee sports betting is legal. However, unlike many states with legal sports betting, Tennessee’s sports betting sites are available only online. There are no brick-and-mortar sportsbooks available for bettors to visit.
What’s happening in Tennessee sports betting right now
- Sept. 26, 2024 — Tennessee sports betting handle was $342 million in August, up 26% from July and 40.5% year over year.
- Sept. 12, 2024 — Nissan Stadium, home of the Tennessee Titans, will reportedly display responsible gambling messaging in the stadium this season through a partnership between BetMGM and GameSense.
- Sept. 11, 2024 — Tennessee sports betting handle was $271.5 million in July, down 20.6% from June and up 26.8% year over year.
- Sept. 6, 2024 — Ahead of the Tennessee Titans Week 1 game against the New England Patriots, check out LSR’s guide to the best NFL betting sites.
- Aug. 13, 2024 — Neighboring Missouri will put sports betting legalization on the ballot this November.
Tennessee sports betting snapshot
| Is online sports betting legal in Tennessee? | Yes. Online sports betting is legal in Tennessee, with 10 sports betting apps available in the state. The first sportsbooks launched in November 2020. |
| What sportsbook apps are legal in Tennessee? | BetMGM, Caesars, FanDuel, DraftKings, ESPN Bet, and Fanatics, among a few others. |
| What sports can I bet on in Tennessee? | Bettors can wager on all major sports and college sports in Tennessee. High school sports betting and prop bets on individual college athletes or teams are prohibited. |
| Who can bet on sports in Tennessee? | Any 21 or older and physically located in Tennessee can legally bet. |
Top 5 sports betting sites in Tennessee
When looking for a place to play, you’ll want to focus on sports betting sites offering the best features. Here are the apps that hit the mark in several key categories, including providing the best sports betting promos:
1. FanDuel Tennessee
FanDuel Sportsbook is one of the top NFL betting sites nationwide and in Tennessee, offering a wide range of markets and options to bet on the Tennessee Titans. The app is easy to use while still offering lots of great features, which makes it particularly attractive for both new and experienced users.
The company has also been a leader in single-game parlays and other trends, such as welcome offers with the FanDuel promo code. The layout is clean, and the odds are solid, but the site could use more promos for regular users.
- App store rating: 4.8 (iOS), 4.8 (Android)
- Key takeaway: Simple to use with all of the features you need.
- Best feature: Same-game parlays
2. BetMGM Tennessee
BetMGM Sportsbook is prominent in Tennessee as one of the first four sports betting apps to launch in the state. BetMGM is also partnered with the Tennessee Titans for in-stadium responsible gambling promotion during the 2023-24 NFL season.
BetMGM is noteworthy for its variety of sports and betting options, including sports that don’t receive as much attention elsewhere, such as darts, rugby, and snooker. The sportsbook is also known for its BetMGM Rewards program, which allows users to accumulate points that they can redeem for bonuses and perks. The BetMGM bonus code and welcome offer are also among the more competitive in the state. As for potential improvements, the betting platform could be a bit smoother and more efficient.
- App store rating: 4.8 (iOS), 4.4 (Android)
- Key takeaway: Big menu of sports and bets to choose from.
- Best feature: Easy parlay builder
3. Hard Rock Bet Tennessee
There is no doubting the flash and stylishness of the Hard Rock Bet app. Hard Rock uses the rock-and-roll motif the company is famous for throughout the depths of its app, but this sports betting site has just as much substance as style. Flex and same-game parlays are popular features for users, and the app has a good selection of available bets with competitive odds.
Incentives also tend to not end with the signup bonus. Hard Rock Bet does an excellent job of paying attention to recurring customers with a consistent array of promos and a rewards program. Hard Rock will match users’ status with any other sportsbook if they switch.
- App store rating: 4.8 (iOS), 4.4 (Android)
- Key takeaway: Great-looking app with some exciting features.
- Best feature: Flex parlays
4. Caesars Tennessee
Caesars Sportsbook has regular promos and a rewards program with a reputation as one of the best on the market. The Caesars Rewards program allows frequent bettors to receive promos on the app and use points for perks at Caesars casinos and hotels nationwide. These rewards are on top of a solid welcome bonus with the Caesars Sportsbook promo code. The app is not flashy or particularly visually appealing, but it contains everything a user might want. Navigation could also be tweaked in a few spots.
Caesars also has an extensive menu of sports paired with very competitive odds. A 2021 independent study from Eilers & Krejcik ranks Caesars high for bet presentation, too.
- App store rating: 4.6 (iOS), 4.3 (Android)
- Key takeaway: Competitive odds and regular promos.
- Best feature: Rewards program
5. Fanatics Sportsbook Tennessee
Tennesseans were among the first to experience the Fanatics Sportsbook app as one of the two states, alongside Ohio, where it first launched its beta product. The app later launched its full sportsbook to all eligible bettors in August 2023.
The Fanatics Sportsbook app is still a work in progress, as some customers have noted it can be buggy and slow. However, the app boasts many features that make it stand out from its peers. FanCash, the app’s loyalty program, allows users to collect extra funds they can redeem for bonus bets in the app or for merchandise on the Fanatics retail website.
The “Discover” page is another distinct app feature curated to each user’s tastes. Rewards, trending bets, and promos are all available in this section of the app.
- App store rating: 4.7 (iOS), 3.5 (Android)
- Key takeaway: New app with some interesting features
- Best feature: FanCash
Tennessee Sportsbook Promos Today
Check back here for the latest odds boosts and promotions.
How to get started with the best Tennessee sportsbook bonuses
Signing up to bet at a legal online sportsbook is a simple process. You can take care of everything remotely by following the on-screen instructions and entering the necessary information. Additionally, keep an eye out for the best sign-up bonuses:
- FanDuel promo code: Bet $5, get $300 in bonus bets if your bet wins. No code necessary; click to claim.
- BetMGM bonus code: Up to $1,500 in bonus bets paid back if your first bet does not win. Use the code LSR50.
- Hard Rock Bet bonus code: Bet $5 and get $100 in bonus bets. No code necessary; click to claim promo.
- Caesars Sportsbook promo code: Up to a $1,000 first bet on Caesars. Use the promo code LEGAL1000.
- Fanatics Sportsbook bonus code: Bet and get up to $1,000 in bonus bets. No code necessary; click to claim.
You can try as many sportsbooks as you like while seeking the ones that work best for you. Before signing up, ensure you have a good handle on the bonus terms and conditions. Here is some common terminology:
Deposit bonuses: The sportsbook will match your first deposit up to a certain amount. You’ll receive bonus funds that aren’t eligible for withdrawal and have a wagering requirement to meet.
No deposit bonuses: You receive site credits or bet vouchers when you create an account; no deposit is necessary. You won’t be able to cash them out at first, but they will allow you to bet freely.
Odds boosts: Sportsbooks will enhance the odds on select bets, such as a parlay or player prop. You can receive more profits if the bet wins thanks to the boost.
Signing up at an online sportsbook in Tennessee will only take a few minutes. Once you’re set to play, you’ll have a legal and safe betting option within reach to wager responsibly.
Full list of Tennessee sports betting apps
The list of legal online Tennessee sports betting options continues to grow. Here are the current active and licensed sportsbooks in Tennessee:
Action 247 Sportsbook
Action 247 is only available in Tennessee and offers free-to-play games, a standard sportsbook, and Tennessee-themed promos and games.
Betly Sportsbook
Tennessee is one of four states where Betly is active. The app offers a good selection bets and daily odds boosts.
BetMGM Sportsbook
A top sports betting option in the state, BetMGM Sportsbook is partnered with the Tennessee Titans and Nashville Predators.
Caesars Sportsbook
Caesars Sportsbook has some of the best sports betting promos on the market and is partnered with the Memphis Grizzlies in Tennessee.
DraftKings Sportsbook
DraftKings Sportsbook may not have the same in-state partnerships as a couple of competitors, but this sports betting giant is a top option in TN and offers a solid bonus with the DraftKings promo code.
ESPN Bet
ESPN Bet is one of the newest additions to the Tennessee sports betting market after taking over Barstool Sportsbook’s spot.
Fanatics Sportsbook
Fanatics launched in Tennessee in May 2023. Fanatics is now available in eight states, with more on the way.
FanDuel Sportsbook
FanDuel is partnered with the Memphis Grizzlies in Tennessee and remains a top option for bettors in the state.
Hard Rock Bet
Hard Rock Bet is live in eight US states, including Tennessee, and is now offering top promos and bonuses to new users.
ZenSports
ZenSports is only available in Tennessee and has a variety of bonuses and rewards available to new users.
New Tennessee betting apps
There are now 10 legal online sportsbooks available to bettors in Tennessee, with a couple of others launching soon and more likely to follow. Here are a few sportsbooks that could launch in Tennessee in the near future:
- Bally Bet
- BetRivers
What to expect at legal Tennessee sportsbooks
Tennessee is distinct in that while sports betting is legal, there are no physical sportsbooks in the state.
The Sports Wagering Advisory Council took over regulatory duties in early 2022 from the Tennessee Education Lottery. The council handles the licensing and regulation of the market, which appears likely to continue to expand with additional online sportsbooks.
After officially opening with four legal online sportsbooks in November 2020, Tennessee has since expanded to nine. Bettors across the state can wager legally and safely.
10 quick facts about Tennessee sports betting
- Tennessee legalized sports betting in 2019, but it took some time to finalize official rules and regulations.
- The state’s first online sportsbooks launched in November 2020.
- Tennessee is an online-only state for sports betting. There are no casinos in the state or current plans for retail sportsbooks.
- In the first month of betting, Tennessee online sportsbooks brought in more than $131 million in betting handle.
- The state set its monthly handle record in October 2021 at over $375 million.
- To legally bet on sports in Tennessee, you must be 21 or older.
- Tennessee is the only state to have a minimum hold provision (10%) for sportsbooks.
- It’s legal to bet on both pro and college sports in Tennessee.
- Tennessee does not allow in-game prop bets on individual college athletes or teams, or any prop bet on college athletes.
- Those with a close affiliation to leagues or teams cannot legally bet on their own sports.
Tennessee sports betting law and regulations
The US Supreme Court opened the door for states to legalize sports betting in May 2018. While Tennessee did not pursue legalization immediately, the situation changed the following year as a sports betting bill passed through the Legislature.
Sports betting officially became legal in the state in June 2019. It took a long time to get from that point to sports betting actually launching in the state. Rules and regulations finally went into place the following year, with online sportsbooks opening in November 2020.
Here are some key aspects of Tennessee sports betting law:
- The state taxes gross gambling revenue at a rate of 20%.
- Licensees must pay $750,000 annually.
- Sports betting is only available online, with no plans for retail sportsbooks.
- Sportsbooks have a mandatory hold requirement of 10% on all wagers.
- Bettors cannot add money to their accounts using credit cards. This state banking prohibition also applies to deposits made from somewhere other than Tennessee and used to bet in the state.
Tennessee passed a bill in April 2023 that will have Tennessee sportsbooks pay a 1.85% tax on handle, or the total dollar amount of bets in a month, instead of the revenue they make.
Tennessee sports betting revenue by the numbers
Since launching online sports betting in November 2020, the Tennessee market has grown steadily. As of October 2024, Tennessee is tenth all-time among all states in sports betting handle. The tables below show Tennessee sports betting handle, revenue, and taxes in recent years and months.
Tennessee sports betting year over year
| Year | Handle | Revenue | Taxes |
|---|---|---|---|
| 2024 to date | $3,035,678,714 | $303,567,871 | $58,994,502 |
| 2023 | $4,241,021,441 | $451,028,296 | $80,516,596 |
| 2022 | $3,850,547,906 | $379,409,891 | $68,052,961 |
| 2021 | $2,730,459,000 | $239,872,000 | $39,300,000 |
Tennessee sports betting month over month
| Month | Handle | Revenue | Taxes |
|---|---|---|---|
| August 2024 | $342,021,374 | $34,202,137 | $6,311,946 |
| July 2024 | $271,538,207 | $27,153,821 | $5,011,204 |
| June 2024 | $342,198,408 | $34,219,841 | $6,315,166 |
| May 2024 | $379,220,245 | $37,922,025 | $6,998,418 |
| April 2024 | $380,904,093 | $38,090,409 | $7,029,494 |
| March 2024 | $473,595,403 | $47,359,540 | $8,710,419 |
| February 2024 | $380,390,401 | $38,039,040 | $9,513,707 |
| January 2024 | $465,810,583 | $46,581,058 | $9,104,148 |
| December 2023 | $495,067,783 | $49,506,778 | $8,596,621 |
| November 2023 | $517,141,377 | $51,714,138 | $6,980,317 |
| October 2023 | $445,192,913 | $44,519,291 | $8,190,461 |
| September 2023 | $418,063,447 | $41,806,345 | $7,715,705 |
Tennessee sports to bet on
Until the late 1990s, sports fans in Tennessee looking for a pro team to latch onto had to look elsewhere. It’s a different story today, as the booming state has attracted clubs from three major sports. Tennessee Titans odds are among the most popular bets in the state as the NFL is the most popular league.
- NFL: Tennessee Titans
- NBA: Memphis Grizzlies
- NHL: Nashville Predators
All three pro teams have experienced some success since arriving in Tennessee. The Titans advanced to the Super Bowl in their third season in Tennessee after moving from Houston in 1997 but have yet to lift the Lombardi Trophy. The Predators have been to the playoffs 15 times since joining the NHL in 1998. Their best season was a loss to the Pittsburgh Penguins in the 2017 Stanley Cup Final. The Grizzlies relocated from Vancouver to Memphis in 2001 and have been reasonably successful in their new home, making the playoffs more often than not since their move.
Other top options at sportsbooks include soccer, golf and NASCAR, while more minor sports like cricket and table tennis generate some interest. Wagering is technically restricted to actual sporting events, but you can bet on things like the result of the coin toss among Super Bowl odds. However, entertainment-related betting — like wagering on the Oscars or reality television results — is illegal in Tennessee.
Tennessee sports betting restrictions
Tennessee sports bettors can wager on college sports, including in-state college sports. That means betting on the Tennessee Volunteers or Memphis Tigers are two of the most popular bets in the state. The state does not, however, allow prop bets on individual college athletes or teams.
Tennessee sports betting timeline
HB 0001 was introduced in 2019. Gov. Bill Lee didn’t sign it when it reached his desk, but Tennessee law allowed the bill to go through without his signature. The first sportsbooks debuted in November 2020.
Here are some of the key highlights on the path to getting there:
2024
Underdog Fantasy releases peer-to-peer pick ’em games in Tennessee and three other states while some states continue to outlaw player vs house pick ’em games.
SuperBook Sportsbook announced it is exiting Tennessee
2022
The Sports Wagering Advisory Council takes over as the regulator for Tennessee sports betting, replacing the Tennessee Education Lottery.
2021
In March, Action 24/7 was suspended by the TEL after an internal investigation discovered evidence of money laundering and proxy betting. An injunction by a federal judge later allows Action 24/7 to go back online. Tennessee had a record-breaking month in November as online sportsbooks in the state took in over $375 million in betting handle.
2020
Legal online sports betting goes live in November. BetMGM, DraftKings, FanDuel, and Action 24/7 all debut on opening day.
2019
HB 0001 makes its way through the state Legislature and ultimately becomes law. Sports betting becomes legal in Tennessee in June.
2016
Then-Gov. Bill Haslam signed the Fantasy Sports Act, which legalized daily fantasy sports in Tennessee. After the national law on legal sports betting changed in 2018, it took some time for the state to take meaningful action.
Tennessee sports betting related pages
Tennessee’s neighboring states are an interesting mix when it comes to legal sports betting. Arkansas, North Carolina, and Kentucky have legal online sports betting. Mississippi is legal, but only at retail locations, and Alabama, Missouri, and Georgia have yet to allow any legal sports betting. Learn more about legal sports betting in states bordering Tennessee with the links below:
Tennessee sports betting FAQ
Yes. Tennessee sports betting is legal. Tennessee was the first state to legalize sports betting before any other form of gambling.
Sports betting became legal in 2019, but the only options are online sportsbook apps, as there are no brick-and-mortar sportsbooks or casinos in the state. The first legal sportsbooks debuted in November 2020.
Tennessee is an online-only sports betting state. There are no casinos within state lines and no plans to open retail sportsbooks. Since launching in 2019, there are now 10 sports betting apps active in the state, including BetMGM, FanDuel, and DraftKings. Find the list of approved licensees and registrants on the Tennessee Sports Wagering Council website.
The legal age to bet on sports in Tennessee is 21. The sportsbook will verify your age and identity as part of the signup process. If it has trouble doing so, you must provide supporting documentation.
Tennessee has no operating racetracks, off-track betting, or simulcasting sites. You can bet online on races like the Kentucky Derby at TwinSpires, but TVG does not currently operate in the state.
Daily fantasy sports contests have been officially legal in Tennessee since Gov. Bill Haslam signed the Fantasy Sports Act in 2016. DraftKings and FanDuel, the two major DFS operators, are available in the state.
Yes, you can bet on college sports in Tennessee. There are no restrictions for betting on in-state schools such as Tennessee or Vanderbilt, but the state doesn’t allow live prop bets during college games or prop bets on individual college athletes.
Action 24/7 is a legal online sportsbook authorized for play in Tennessee by the Sports Wagering Advisory Council. However, it has had more problems as an operator than any regulated US sportsbook. State regulators suspended the sportsbook in 2021 for multiple violations of regulations, including a lack of internal controls.
Tennessee sports betting responsible gambling
The state of Tennessee dedicates significant resources toward providing information and resources on responsible gambling. The state offers the Problem Gambling Treatment Services Program, which aims to “increase knowledge about problem and/or pathological gambling for those persons at risk, their families, and the general community,” and also offers a gambling hotline and an online clinic.
Call or text the Tennessee REDLINE 24 hours a day at 800-889-9789.