Best Tennessee sportsbooks November 2022

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Contents


What’s happening in Tennessee sports betting right now?

Comparing top Tennessee sportsbooks

When looking for a place to play, you’ll want to focus on sportsbooks that offer the features that you’re looking for. Here are the ones that hit the mark in several key categories.

1. DraftKings Sportsbook

The user experience is clearly a strong point for DraftKings as the online sportsbook delivers one of the smoothest platforms on the market. Key highlights include a good approach to live betting and clear-cut menus for props and alternate lines. More promo offerings and clearer playthrough requirements would be nice to see, though.

2. Caesars Sportsbook

Caesars has a big menu of sports to choose from and odds that tend to be very competitive. Additional highlights include regular promos and a rewards program. Navigation and overall appearance could use some tweaks in a few spots, however.

3. BetMGM Sportsbook

BetMGM is noteworthy for the variety of sports and betting options that it offers, including sports that don’t receive as much attention elsewhere. As for potential improvements, the betting platform could be a bit smoother and more efficient.

4. FanDuel Sportsbook

FanDuel is easy to use while still offering lots of great features. The company has been a driving force behind single-game parlays and other trends. The layout is clean and the odds are solid, but the site could use more promos for regular players.

New Tennessee betting apps

Wagr Sportsbook is the latest company to enter the Tennessee legal online sports betting scene, with a launch in January 2022. That brings the total legal books in the state to nine, with more likely to follow, including the following:

How to get started with best Tennessee sportsbook bonuses

Signing up to play 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 requested information. While the list of places you can play in Tennessee continues to grow, keep an eye out for the best sign-up bonuses:

  1. DraftKings Promo Code: $50 free bet plus a 20% match up to $1,000 on deposit.
  2. Caesars Promo Code: Free bet on Caesars up to $1,250 + 1000 Tier Credits + 1000 Reward Credits®.
  3. BetMGM Bonus Code: First bet is risk-free up to $1,000.
  4. FanDuel Promo CodeGet up to $1,000 No Sweat First Bet.

You can try as many sportsbooks as you like while seeking the ones that work best for you. Prior to signing up, make sure that you have a good handle on the bonus terms and conditions. Here is some common terminology:

Deposit bonus: The sportsbook will match your first deposit up to a certain amount. You’ll receive bonus funds that aren’t eligible for withdrawal and that have a wagering requirement you’ll need to meet.

Free bets: Some sportsbooks will give you a free bet after you sign up, but you may need to deposit first. The amount of the free bet isn’t eligible for withdrawal, but any winnings you get from it will be yours to do with as you wish.

Odds boosts: Sportsbooks will enhance the odds on select bets, such as a special parlay or player prop. Thanks to the boost, you have the chance to receive more profits if the bet wins.

It’ll only take you a few minutes to sign up with an online sportsbook in Tennessee. Once you’re set to play, you’ll have a legal and safe betting option within reach to wager responsibly.

10 quick facts about Tennessee sports betting

  1. Tennessee legalized sports betting in 2019, but it took some time to finalize official rules and regulations.
  2. The state’s first online sportsbooks launched in November 2020.
  3. Tennessee is an online-only state for sports betting. There are no casinos in the state or current plans for retail sportsbooks.
  4. In the first month of betting, Tennessee online sportsbooks brought in more than $131 million in betting handle.
  5. The state set its monthly handle record in October 2021 at over $375 million.
  6. To legally bet on sports in Tennessee, you must be 21 or older.
  7. Tennessee is the only state to have a minimum hold provision (10%) for sportsbooks.
  8. It’s legal to bet on both pro and college sports in Tennessee.
  9. Tennessee does not allow in-game prop bets on individual college athletes or teams, or any prop bet on college athletes.
  10. Those with a close affiliation to leagues or teams cannot legally bet on their own sports.

What to expect at legal sportsbooks in Tennessee

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 in a legal and safe fashion.

Tennessee sports betting law and regulations

The US Supreme Court opened the door for individual states to legalize sports betting in May 2018. While Tennessee did not pursue legalization right away, the situation changed the following year, as a sports betting bill made its way 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:

Full list of legal sports betting apps in Tennessee

The list of legal online Tennessee sports betting options continues to grow. Here are the current legal sportsbooks in Tennessee:

Up 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 these days, as the booming state has attracted clubs from three of the major sports.

There’s also a great deal of interest in college sports. The University of Tennessee and Vanderbilt are among the top choices for college football and basketball, but there are a number of smaller programs to choose from, as well.

While there are no restrictions on betting on in-state college teams, Tennessee doesn’t allow live prop bets on individual athletes or teams when it comes to college sports. Other top options at sportsbooks include soccer, golf and NASCAR, while smaller sports like cricket and table tennis also generate some interest.

Wagering is technically restricted to actual sporting events, but you can bet on things like the result of the coin toss come Super Bowl time. However, entertainment-related betting — like wagering on the Oscars or reality television results — is not legal in Tennessee.

Tennessee sports betting history

In 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.

State Rep. Rick Staples introduced HB 0001 in 2019, and the bill made its way through the state legislature. 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 online sportsbooks made their debut in November 2020. The Tennessee legal sports betting market has been steadily growing.

2019: HB 0001 makes its way through the state Legislature and ultimately becomes law. Sports betting becomes legal in Tennessee in June.

2020: Legal online sports betting goes live in November. BetMGM, DraftKings, FanDuel and Action 24/7 all debut on opening day.

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 has a record-breaking month in November as online sportsbooks in the state take in over $375 million in betting handle.

2022: The Sports Wagering Advisory Council takes over as the regulator for Tennessee sports betting, replacing the Tennessee Education Lottery.

Tennessee sports betting FAQ

Is sports betting legal in Tennessee?

Yes, it’s legal to bet on sports in Tennessee. Sports betting became legal in 2019, but the only options are online sportsbook apps. The first legal sportsbooks debuted in November 2020.

Where can I bet on sports in TN?

Tennessee is an online-only sports betting state. There are no casinos within state lines and no plans to open retail sportsbooks at the present time.

Can you bet at offshore sportsbooks from Tennessee?

It is possible to do so but it is illegal. Offshore sportsbooks like Bovada and BetOnline don’t abide by any Tennessee or US rules, including the ones that aim to protect bettors. As such, you’re taking serious risks by choosing to do business with any offshore sportsbook. There could be no protections in place for your data or funds.

How old do you have to be to bet on sports in TN?

The legal age to bet on sports in Tennessee is 21. As part of the signup process, the sportsbook will verify your age and identity. If it has any trouble doing so, you’ll need to provide supporting documentation.

Is betting on horse racing legal in Tennessee?

There are no operating racetracks, off-track betting or simulcasting sites in Tennessee. You can bet online at TwinSpires, but TVG does not currently operate in the state.

Are daily fantasy sports legal in TN?

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 both available in the state.

Is college sports betting legal in Tennessee?

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.

Is Action 24/7 legit?

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 other regulated US sportsbook. The sportsbook was suspended by state regulators in 2021 for multiple violations of regulations, including lack of internal controls.

Tennessee sports betting resources

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