Tennessee Sports Betting Guide: All Legal TN Sportsbooks July 2024

What Online Sportsbooks are Legal in Tennessee?

The legal online sportsbooks in TN include the following: Action 247 Sportsbook, Betly, BetMGM, Caesars Sportsbook, DraftKings, ESPN BET, Fanatics Sportsbook, FanDuel, Hard Rock Bet, and ZenSports. 

The sports betting bill HB 0001 allows for an unlimited number of sports betting licenses, so you can expect plenty of sportsbooks in Tennessee as time goes.

Tennessee Sportsbook Ratings July 2024

Our experts reviewed and ranked all 10 legal Tennessee sportsbooks giving each of them our unique BetTennessee rating out of 10 stars.

1. BetMGM Tennessee Sportsbook

BetMGM Tennessee is one of the top sports betting sites in Tennessee and for good reason. For fans who will mostly be wagering on local teams, BetMGM does a great job of putting those wagers front and center.

When opening the 'NFL' tab on the app, there was a special drop-down menu just for Tennessee Titans' futures at the top of the screen like the Titans playoff odds. You will also find a similar drop-down for Tennessee Volunteers football. Throughout the year, you will be sure to find special bets on Tennessee teams on the homepage of the app.

Up to $1,500 in Bonus Bets if Your First Bet Loses

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in TN. Gambling Problem? Call or Text the Tennessee REDLINE: 800-889-9789. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

2. Fanatics Sportsbook Tennessee

The Fanatics Sportsbook Tennessee is available to download since launching earlier in 2023. Thanks to its league-wide partnerships with major US sports, Fanatics is uniquely positioned to shake up the sports betting industry. 

The ability to easily track your live bets and games across the industry makes the mobile app very satisfying to use.

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Must be 21+ to participate. T&Cs apply.

4. Caesars Sportsbook Tennessee

Caesars Sportsbook Tennessee has a strong history in the gambling industry and it shows with its fantastic online sportsbook, industry-leading rewards program, and sports betting experience.

New users can take advantage of a limited-time promo just in time for football season.

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Must be 21+ to participate. T&Cs apply.

5. Hard Rock Bet Tennessee Sportsbook

A spinoff of the iconic cafe, Hard Rock Bet Tennessee has been in the gambling business since its first casino resort opened in Las Vegas in 1995. 

With three locations across the state, Tennessee bettors can now get the Hard Rock experience in the palm of their hands.

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Offered by Seminole Hard Rock Digital, LLC. Must be 21+ and physically present in TN to play. Terms and conditions apply. In TN, CALL 1-800-GAMBLER

3. FanDuel Tennessee Sportsbook

FanDuel Tennessee offers one of the best mobile betting experiences in the industry due to its highly-rated app. 

Whether you're completely new to sports betting or a seasoned pro, you will no doubt enjoy this platform. The app is incredibly easy to navigate and although there are countless betting options, new bettors won't be overwhelmed when browsing.

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Must be 21+ to participate. T&Cs apply.

6. ESPN BET Tennessee Sportsbook

The Tennessee sports betting market is ripe and everything got a bit more green with the launch of ESPN BET Tennessee this past November. 

The emergence of a sports betting app from a media giant like ESPN, paired with a betting giant like PENN Entertainment, sports bettors across the state are in for a treat.

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in TN. Gambling Problem? Call or Text the Tennessee REDLINE: 800-889-9789. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

7. DraftKings Tennessee Sportsbook

One of the unquestioned leaders in the space, most Tennessee bettors are familiar with the DraftKings Tennessee. 

With a sleek platform and competitive odds, this betting site is a favorite in the state.

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Must be 21+ to participate. T&Cs apply.

8. Betly Tennessee Sportsbook

A relatively new addition to sports betting, Betly first launched in 2021. 

Available in just four states (Arkansas, Ohio, and West Virginia as well as Tennessee), Betly Tennessee has a nice set of boosts you can take advantage of once you sign up.

9. ZenSports Tennessee Sportsbook

ZenSports is a very unique sports betting option in Tennessee. Not only do they have an online sportsbook (currently live) that you can sign up and bet on today, ZenSports Tennessee is working on bringing their peer-to-peer sports betting marketplace to Tennessee as well. 

10. Action 247 Tennessee Sportsbook

Tennessee's only locally-owned and operated betting site, Action 247 is only available here in the Volunteer State. While the Action 247 Sportsbook TN app design is somewhat basic compared to other platforms, you'll find expansive betting markets that rival the big dogs.

What New Tennessee Sportsbooks Are Expected to Launch?

Following the most recent launch of Fanatics Sportsbook, the next online sportsbook to go live in the Volunteer State is expected to be Bally Bet. 

Bally Bet Tennessee Sportsbook

While Bally Bet is currently one of the legal Tennessee sports betting sites, it's not available just yet. 

Bally's is expected to launch the Bally Bet Tennessee sportsbook soon in Tennessee; as of mid 2024 it's live in seven (7) other states.

Potential New Sportsbooks Coming to Tennessee

While there are additional online sportsbooks expanding across the US such as bet365, it's unclear whether they plan on launching in the Volunteer State.

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Must be 21+ to participate. T&Cs apply.

Who Regulates Tennessee Online Sports Betting?

The Tennessee Sports Wagering Advisory Council (SWAC) regulates and licenses mobile and online sports betting in Tennessee. The SWAC took over regulating and overseeing sports betting for the Tennessee Education Lottery Corporation in 2021. The SWAC only oversees sports wagering in Tennessee, while the Lottery oversees lottery games in the state. 

Tennessee Sports Betting Licenses

Tennessee sports betting law allows for an unlimited number of licenses, with each license costing an up front $50,000 for an application fee and $750,000 for the annual license fee. 

Unregulated Sportsbooks in Tennessee

While you have plenty of sportsbooks in Tennessee to choose from, there are some unregulated online sportsbooks that some Tennessee sports bettors may choose to use. We at BetTennessee.com strongly recommend that you avoid using these unregulated operators as you'll miss out on the safety, trust and precautions offered by licensed TN sportsbooks. Here are some of those unregulated sportsbooks that we encourage you avoid:

• BetOnline
• BetUS
• Bovada
• MyBookie

How to Pick the Best Legal Sportsbooks in Tennessee

It's easy to pick a sports betting site when you only have a few options. As more Tennessee betting sites go live, lines between bookies can start to blur. This checklist will help keep your head in the game when comparing the best Tennessee sports wagering sites. 

Read Reviews

Every TN sportsbook will tell you they're the best thing since sliced bread. While some measure up to this claim, others just talk a big game. Fans are the best resource to find out if a sports betting site is the real deal. 

Read reviews from verified users about market density, betting options, features, promos and payouts. You can find the most reputable Tennessee online sportsbook reviews at Google Play and the Apple App Store. 

What Bets Are Allowed?

Market variety may be more important to some Tennessee bettors than others, depending on experience and love for the game. Every sportsbook will cover the big leagues, but only a few offer action on niche markets such as e-sports, darts and horse racing. 

Fans with a penchant for creative sports wagering will want to look for Tennessee betting sites with alternative lines on halves, quarters, periods and spreads.  

Prices On Betting Lines and Odds

When it comes to line pricing, knowing the difference between "competitive" and "favorable" can save time when you're trying to find a deal before the game starts. Competitive odds are more or less an industry standard on juice among major Tennessee sportsbooks in the market. Favorable odds are what you want. 

These lines will have a half- or full-point shaving compared with other sportsbooks, giving you a slight edge. 

Frequency of Sports Betting Promos

Sportsbooks should have a rotating lineup of regular promotions to keep wagers coming in after the welcome bonus runs out. Always check the promotions section on sports betting apps in Tennessee before building your bet slip. Bookies with daily odds boosts are ideal for Tennessee bettors placing wagers on a regular basis.

Players who like to stick to a single sport should look for betting sites that frequently update a decent number of promos for a specific market. 

User Interface Excellence

When it comes to online sports betting in Tennessee, more isn't always better. Promos and live bets can crowd the main screen, making it hard to navigate between sports betting markets. The best Tennessee sportsbooks sacrifice some bells and whistles for a clean interface and user-friendly navigation. 

The sports betting app should mirror the desktop version for a seamless transition between betting at home and on the go. You also should be able to add selections to your bet slip with a couple of clicks.

Easy Deposits/Withdrawals

Tennessee online sportsbooks should make it easy to wager and win real money on sports bets. Look for betting sites that offer popular banking options such as credit/debit cards, ACH bank transfers, PayPal, and Play+ pre-paid cards. 

Deposit options usually will outnumber withdrawals, but as long as there are multiple payment methods for each, you should be good. Make sure to check processing speeds, so you aren't waiting too long on payouts. 

Customer Support Options

Customer service usually doesn't get much attention until your bet slip freezes when you're trying to cash out during a live game before your bankroll takes a big hit. Look for Tennessee sports betting sites with multiple customer support options: e-mail, phone support and live chat.

Ideally, there are real humans operating the live chat feature either during regular business hours or around the clock.  

Analyzing Sports Betting Tax Rates in Tennessee

Most Tennessee sportsbooks won't send a W-2 G tax form unless your winnings are over roughly $5,000. The standard sports betting tax rate is 25% of profits if you provide a social security number, which is often required during the registration process. 

Profits made on sports betting in Tennessee are subject to taxes. The IRS views online gambling winnings as taxable income meaning you'll need a tool like our TN gambling tax calculator during tax time. Some good news: Tennessee residents don't pay state income tax. 

Failure to provide an SSN can result in forfeiting 28% of your profits for tax purposes.

Tax Rates For TN Sportsbooks

Tennessee sports betting operators pay a tax of 1.85% on handle. Remember that this is only on the operator, not for bettors, which you can review above. 

The tax rate for TN sports betting operators is new, having gone into effect in July 2023. Prior to that, gross gaming revenue was taxed at 20%.

Tennessee Sports Betting Revenue

Tennessee betting laws took a while to get the green light because it's the first online-only sports betting market in the US. Operators have to pay $75,000 upfront and then annually at renewal for a Tennessee sports betting license. All sports betting revenue is taxed at 20%. 

For a month-by-month look at how legal sports betting revenue is faring in TN, check out our Tennessee sports betting revenue report page. 

Promotions & Offers at TN Sportsbooks

Tennessee betting sites are chock full of promotions and offers to help get you closer to victory. Choosing the best sports betting bonus depends on what you're looking to get out of your wagers. Bonuses come in all shapes and sizes but generally fall into a few categories. 

Here's a playbook on the most popular Tennessee sports betting promotions & bonuses.

Bet Credits

Bet credits on initial wagers operate like a safety net. If you make a bad call, the TN sportsbook will refund your original stake in site credits up to a certain amount. Credits can't be withdrawn as cash directly – sometimes you can get them after meeting rollover requirements – but you still get a second shot at winning without taking more money out of your pocket. 

Deposit Match

Deposit matches are were once the most common type of promo but are now rarely found. With this bonus type, new players make a deposit, and the Tennessee online sportsbook will match those funds in site credits up to a maximum amount. 

No-Deposit Bonuses

No-deposit bonuses are the holy grail of promotions at Tennessee betting sites and apps. TN sportsbooks often pair these with a larger welcome promo as an extra incentive to sign up. Even though payouts on a no-deposit bonus fall on the low end, you still get site credit without depositing any cash. 

Parlay Insurance

Parlay insurance works kind of like a first bet safety net. You have to place a parlay with a certain number of legs on a specific market or matchup to qualify. If one of your legs doesn't hit, the Tennessee sports betting site will issue a bet credit matching your original wager. 

Odds Boosts

Odds boosts reduce the juice on select games for a more favorable payout. Tennessee sports betting sites will run odds boosts for a limited time to try to undercut the competition on big matchups. Depending on the operator, you can find odds boosted by 10% all the way up to 40%. 

Referral Bonuses

Tennessee sports betting sites use referral bonuses to reward players for adding buddies to the roster. Friends have to sign up using your referral link to trigger this sportsbook promo. Once they fulfill any requirements, you get bonus bet credits. Some referral bonuses also earn your buddies some bet credits. 

How Can I Contact Tennessee Sportsbooks?

If you need to reach out to one of the legal Tennessee online sportsbooks, fortunately there are plenty of options available in order to help find the right resources.

Here are several contact methods that can be found at Tennessee sports betting apps and sites:

Tennessee Sports Teams to Bet On

Tennessee plays host to three of the four major league sports teams, so Tennessee sports bettors have plenty to look forward to when these sports are in season. 

Additionally, betting on college sports is legal in TN as well, so sports bettors looking to bet on the likes of the Tennessee Volunteers or Vanderbilt Commodores will have plenty to enjoy. 

Tennessee Titans

The Tennessee Titans are currently in a rebuild with a new head coach in Brian Callahan and rookie quarterback Will Levis. While they haven't made any big splashes they expect to grow in a tough AFC South.

Memphis Grizzlies

The Memphis Grizzlies have had a season to forget in 2023-2024, ranking at the bottom of the barrel in the NBA Western Conference. That being said, the Grizzlies' star players Ja Morant, Marcus Smart, Jaren Jackson and Desmond Bane are set to return fully healthy for the 2024-2025 season. 

Nashville Predators

The Nashville Predators make regular appearances in the Stanley Cup Playoffs, and this season is no different. The Andrew Brunette-led Preds also call Nashville home, playing at Bridgestone Arena in the heart of Music City.

Atlanta Braves

The one major sports team that Tennessee does not host is an MLB team, but you can't exclude baseball from sports betting. 

The Atlanta Braves are the most popular MLB team in Tennessee, according to VividSeats.com. Fortunately for Tennessee sports bettors, they have a strong team to back in the MLB!

Nashville SC

Nashville SC matches in Tennessee are held at Geodis Park, which is the largest soccer stadium in the US. Nashville is among the latest teams to join the MLS (2020). ESPN BET TN covers dozens of soccer leagues, including the MLS and USL.

Tennessee Volunteers

The Tennessee Volunteers are the most popular college sports team in TN, with their college football team playing 130 seasons dating back to 1891. 

Memphis Tigers

The Memphis Tigers may not find themselves in a powerhouse conference but they've routinely been one of the most consistent programs whether on the football field or the basketball court.

Vanderbilt Commodores

The Vanderbilt Commodores play their games in Music City itself, Nashville. While Vandy hasn't been as successful in the SEC as the Tennessee Volunteers, they're still a very popular team to bet on for TN residents.

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Offered by Seminole Hard Rock Digital, LLC. Must be 21+ and physically present in TN to play. Terms and conditions apply. In TN, CALL 1-800-GAMBLER

Popular Sports to Bet on in Tennessee

Tennessee online sports betting sites all have lines on major leagues, but some bookies pull more weight in certain sports betting markets. 

We've hand-picked the best Tennessee sports betting sites for each sport based on market coverage, odds quality and bonuses. 

NFL

Tennessee residents have an NFL home team in the Tennessee Titans to bet on every fall.

NBA

Tennessee residents can rejoice having an NBA team in the Memphis Grizzlies to bet on. The NBA season lasts from October to June, so there's plenty of NBA sports betting to go around.

NHL

The NHL season lasts from October to June, providing Tennessee bettors plenty of time to bet. Tennessee is home to its own NHL franchise, the Nashville Predators.

MLB

Each of the Tennessee sportsbooks offer bets on the MLB despite there being no team in the state.

Is it Illegal to Bet on the 2024 Paris Olympics?

No, betting on the 2024 Olympics is completely legal in Tennessee. Check your sportsbook of choice to see if they carry the event you're looking to bet on.

Up to $1,500 in Bonus Bets if Your First Bet Loses

Bonus Code: BETTNMGM

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Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in TN. Gambling Problem? Call or Text the Tennessee REDLINE: 800-889-9789. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

$1,000 First Bet on Caesars

Promo Code: BTN1000

Visit Site

Must be 21+ to participate. T&Cs apply.

TN Sports Betting Tips to Know

Anyone in Tennessee new to sports betting and signing up for sportsbooks should know some of the basic tips. Below I highlighted a few tips you should know whether you're new or a veteran among betting on sports in TN.

Research Odds and Lines

Sportsbooks set their own odds on live events and futures. Where you might see the Titans Super Bowl odds are +4000 on one betting site may be +4500 on another. Researching where the odds are most favorable for you can help you maximize your earnings.

Monitor New and Existing Promotions

Depending on the sports season sportsbooks in Tennessee will provide new and specialized promotions you can take advantage of. Many sportsbooks will do odds boosts for specific leagues, like MLB and NFL, for a specific player of your choosing to hit a home run or score the first touchdown.

Sign Up For Multiple Sportsbooks

One of the best ways to research odds is by signing up for multiple sportsbooks. With 10 sportsbooks available to bet on in the state you have aplenty of options to choose from. All the sportsbooks you can legally sign up for, as long as you're 21 and in Tennessee, are listed above. I broke down the advantages below.

Why Sign Up For Multiple TN Sportsbooks?

Choosing the best sports betting site doesn't mean you have to stick to one. Signing up for multiple Tennessee online sportsbooks is a great way to figure out which one fits your wagering style. 

Get the Best Line

Bookmakers release odds at different times, which change in response to the betting action. If you're only using one TN sportsbook app, then you might be betting behind the ball. Line pricing also varies between operators. 

There's a big difference in betting on the Tennessee Titans Super Bowl odds at +2000 vs. +1000. Shopping around for the best lines will always get you the best price.

Get Many Welcome Bonuses

Stacking welcome bonuses from multiple Tennessee sportsbooks feels like a cheat code, but these promos are putting up some serious cash to bring in new users. Deposit matches can double your bankroll right off the bat, while bet credits can level the playing field while you figure things out. Always check the wagering requirements to make sure the welcome bonus is worth it. 

Have More Bet Options

It's common knowledge that a lot of sportsbooks use the same odds provider. This helps set some industry standards, but it also limits a lot of brands to the same bets. Player props and live betting are where Tennessee sportsbooks really start to show their strengths. 

Test Them

Would you buy a car without taking a few for a test drive? While buying a car should be a larger investment than signing up with a sportsbook, the analogy still works. 

Create accounts with multiple Tennessee sports betting sites to compare functionality, market variety, banking options and bonuses. Reach out to customer service to see how quick their response time is and how helpful they are. 

Get the Best Sportsbook Rules

We've all been there – you're ready for the bonus bets to roll in, only to find out that you didn't meet the wagering requirements listed in the terms and conditions that you skimmed. Give the legal jargon attached to every promo a good read to make sure the wagering requirements and restrictions are worth it. 

It's a good idea to also read Tennessee sports betting rules. These outline the rights an operator has to limit bettors and how they use your personal information.

What Bet Types Are Available at Legal Tennessee Sports Betting Sites?

Online sports betting sites are all stacked with options for how to bet on sports. These are the most common bets on Tennessee sportsbooks. 

• Moneylines
• Over/Unders (Totals)
• Point Spreads
• Futures
• Prop Bets
• Live Bets
• Parlays

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Other Top Legal Betting & Gambling Options in Tennessee

The best Tennessee sportsbooks offer betting markets beyond professional sports for more ways to switch up your gaming experience. 

Horse Racing

Horse race wagers can include steeplechasing with obstacles, flat racing for speed and harness racing with a cart. You can bet online with FanDuel TN, but there are currently no operating racetracks, off-track betting or simulcasting sites in Tennessee. 

Daily Fantasy Sports

Daily fantasy sports have been legal in Tennessee since 2016. DraftKings and FanDuel are two of the most popular DFS betting sites in Tennessee. Draft your favorite players to enter contests, or go head-to-head against friends with a roster of your favorite players.

Pop Culture Ceremonies

Some sportsbooks in Tennessee offer action on pop culture events such as awards ceremonies or television shows. Similar to sports wagers, you can wager on outcomes to include the winner of Best Picture at the Academy Awards and who will win The Bachelorette. 

E-sports

E-sports opened the door to betting on competitive video games. Caesars Sportsbook often has lines on big e-sports matches and tournaments such as the Counter-Strike: Global Offensive and The League of Legends World Championship. 

Elections

American politics is one of the most-discussed topics in the US. However, betting on politics is the one exception as it's illegal in Tennessee and the United States.

Are There Any Retail Sportsbooks in Tennessee?

Tennessee sports betting law only allows online sports betting. There's no option to bet with retail sportsbooks because there are no land-based casinos or retail sportsbooks in the state. This deprives residents and visitors of the opportunity to bet at brick-and-mortar locations, but online sports betting in Tennessee still can be enjoyed with a group of buddies. 

BetTennessee.com is an independent sports betting comparison website with affiliate links. What this means is if you click on one of our links that directs to an operator and you make a deposit, we’ll receive commission payment at no extra cost to you. Our operator reviews and recommendations for Tennessee sportsbooks are impartial as our editorial standards are commercially independent and follow a professional methodology.