What to Know as ESPN BET Launches in Tennessee
Christopher Boan - Nov 16, 2023
Tennessee sports betting is online-only, becoming the first market like that in the US. This page covers all of the available Tennessee sportsbooks and what they offer for sports, wagers, and promotions.
There are 11 Tennessee sports betting sites that have received an online license and accepting wagers. We've reviewed each one and rounded them all up in the list below to help fans get some skin in the game, including some of the top Tennessee sports betting promos.
Tennessee sports betting apps represent a strong mix of nationally-known brands and some smaller operators. As one of the top sports betting states in the country, Tennessee will continue to grow with the addition of Bally Bet later this year.
While all sportsbooks in Tennessee bring you closer to the game, every team has standout players. These operators nab MVP for the best Tennessee sports betting sites.
These heavy hitters can help pave your path to glory, but each Tennessee online sportsbook has its own strengths and weaknesses. Consider this section as a highlight reel on what the best TN sports betting sites are known for.
With 11 available sportsbooks, there are plenty of sports betting promos, like that of the BetMGM Tennessee bonus code, to take advantage of.
The Tennessee sports betting market is ripe and everything got a bit more green with the launch of ESPN BET Tennessee. 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.
ESPN BET TN Promo
Top ESPN BET Features
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 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.
FanDuel Tennessee Sportsbook 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.
Caesars Tennessee Sportsbook 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.
In addition to the top three TN sports betting sites we listed above, there are plenty of other options for bettors in the Volunteer State.
The new kid on the block, Fanatics Sportsbook Tennessee is now available to current customers as part of the platform's 'soft launch' on May 1. If you placed an order with the apparel juggernaut in the past, you should have received an email with a special code to be able to make bets on the app.
Thanks to its league-wide partnerships with major US sports, Fanatics is uniquely positioned to shake up the sports betting industry.
One of the unquestioned leaders in the space, most Tennessee bettors are familiar with DraftKings Tennessee. With a sleek platform and competitive odds, this betting site is a favorite in the state.
Tennessee's only locally-owned and operated betting site, Action 247 is only available here in the Volunteer State. While the app design is somewhat basic compared to other platforms, you'll find expansive betting markets that rival the big dogs.
A relatively new addition to sports betting, Betly first launched in 2021. Available in just four states, Betly earned a big boost when it secured a license to operate in Ohio.
An extension of the legendary Westgate Superbook in Las Vegas, the brand has made a mobile push into seven states, including Tennessee.
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 Tennessee, bettors can now get the Hard Rock experience in the palm of their hands.
While not available just yet, Bally Bet TN is expected to launch by the end of the year.
Here are some ongoing promotions you can take advantage of at select TN sports betting sites.
Caesars stands out above the competition when it comes to boosted odds. While some platforms offer a handful of boosted markets here and there, you are almost guaranteed to find double digit specials every day with Caesars.
Place a straight, pre-game wager of at least $25 on any player to hit a home run and you'll receive $5 in bonus bets for each homer hit by both teams that game.
Tennessee sports betting apps package all the action into a condensed format that lets you wager without being tied to a desktop or having to visit retail sportsbooks. You can place bets from anywhere and instantly leverage real-time notifications for sports betting news, odds announcements and flash promotions.
Mobile apps for Tennessee betting sites are designed to keep players on point. Pre-game and live odds are front and center, with betting markets and promotions running along the top of the screen or tucked neatly into the sidebar. Tennessee sports betting apps add an extra layer of protection with fingerprint and facial recognition software to keep your bets and bankroll secure.
Tennessee legalized sports betting in November 2020. Because there are no retail sportsbooks in the state, Tennessee became the first online-only sports betting market in the US. The Sports Wagering Advisory Council oversees operating standards for all legal online sportsbooks in Tennessee, which were previously regulated by the Tennessee Education Lottery Corporation.
The state closed 2022 with $440 million in recorded revenue from legal online sports betting sites. Most big brands are up and running in addition to a local sportsbook built on home soil, Tennessee Action 24/7. There's a long line of other legal sportsbooks waiting for their turn at bat.
Saying the process of establishing a Tennessee sports betting market was labored is an understatement. Here's a timeline of key developments leading up to the official launch of online sportsbooks in Tennessee.
Nothing eats up wager time like checking multiple news sources for stats and tips to build your bet slip with. Get ahead of the game with all the latest Tennessee sports betting updates and promos all in one place with BetTennessee.com.
Tennessee online sports betting sites all have lines on major leagues, but some bookies pull more weight in certain markets. We've hand-picked the best TN betting sites for each sport based on market coverage, odds quality and bonuses.
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 TN sports betting promos.
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.
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.
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.
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.
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 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.
When it comes to online sports betting, more isn't always better. Promos and live bets can crowd the main screen, making it hard to navigate between 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.
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 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.
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.
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.
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.
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 bets are where Tennessee sportsbooks really start to show their strengths.
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.
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 House Rules. These outline the rights an operator has to limit bettors and how they use your personal information.
Sports betting sites are all stacked with options to wager on your favorite sports. These are the most common bets on Tennessee sportsbooks.
The best Tennessee sportsbooks offer betting markets beyond professional sports for more ways to switch up your gaming experience.
If you are interested in how to gamble on legal Tennessee betting sites, follow these simple steps to register for your accounts:
These are general registration steps, but each operator has their own specific registration process. For more information, see our individual reviews of Tennessee sportsbooks.
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 Tennesse sports betting license. All revenue is taxed at 20%.
In January 2023, state operators totaled $410,773,606 in gross wagers and made $369,381,020 in payouts. Adjustments of $5,044,592 left an adjusted gross income of $36,347,994. The tax on operators came to $7,269,600.
The state collected $45 million in taxes in 2022. Aside from July, each month in 2022 had a total handle of at least $200 million.
Profits made on sports betting in Tennessee are subject to taxes. The IRS views online gambling winnings as taxable income. Some good news: Tennessee residents don't pay state income tax.
Most Tennessee sportsbooks won't send a W-2 G tax form unless your winnings are over a certain amount, which is usually $5,000. The standard rate is 25% of profits if you provide a social security number, which is often required during the registration process. Failure to provide an SSN can result in forfeiting 28% of your profits for tax purposes.
Payment options will vary across Tennessee betting sites. Most operators will offer some or all of the banking methods listed below.
Always check to make sure the online sportsbook is using reputable banking methods. It's also a good idea to read the security protocols that outline how the operator will protect your personal and financial data from falling into the wrong hands.
Tennessee gambling laws only allow online sports betting. There's no option to bet with physical sportsbooks because there aren't any land-based casinos or retail sportsbooks in the state. This deprives residents and visitors of the opportunity to bet at brick-and-mortar sites, but online sports betting still can be enjoyed with a group of buddies.
Mobile sports betting in Tennessee is more convenient than physical sportsbooks because you don't have to travel to place a sports bet. This comes in handy with live betting, when you're stuck at work or running errands and can't make it to a retail betting location. TN sportsbook apps also come with welcome bonuses and regular promotions that you won't get with physical sportsbooks.
There are few greater things in life than watching your wagers hit, but sometimes the rush of winning can turn into chasing losses. The best Tennessee betting sites will have tools for players to set limits on the time and money spent on sports betting. Always read the "Responsible Gambling" section for details on player limits and self-exclusion options to restrict access for a set period of time.
Make sure you're only betting with licensed and regulated Tennessee sportsbooks. These operators have to comply with legal standards to honor bets, secure funds, and protect your privacy. Sportsbook websites and apps should also list resources for additional support with the National Council on Problem Gaming and American Addiction Centers.
Online sports betting is legal in Tennessee. Laws prohibit bettors from placing props and live bets on college sports. Placing bets in person isn't an option either because there are no retail sportsbooks in the state, and there are no plans on changing this anytime soon.
The legal age to bet on sports in Tennessee is 21. During registration, Tennessee sportsbooks will ask for a valid government photo ID to verify your identity and age. Additional information may be required to prove that you are a resident or physically located in the state.
You do not have to be a resident to bet with Tennessee online sportsbooks. However, you must be physically located in the state to place a sports bet online. Tennessee betting sites use geolocation to verify the location from which wagers are placed.
Popular Tennessee betting sites include Caesars, FanDuel, BetMGM, and Tennessee Action 24/7. Legal online sports betting in Tennessee is only available on sportsbook websites and mobile apps. There are no retail sportsbooks, casinos, or racetracks in the state at this time.
The NFL's Tennessee Titans are the most popular team in Tennessee. NBA sports bets on the Memphis Grizzlies rank high, alongside NHL markets for the Nashville Predators and MLS markets for the Nashville SC. Popular teams for college sports betting are the Tennessee Volunteers and Memphis Tigers.
Online sports betting in Tennessee officially launched in November 2020. The state does not support retail betting. The first four Tennessee sportsbooks went live November 1, 2020. The state approved licenses for more online sportsbooks throughout 2021 and 2022, and additional growth is coming.
At the time of this writing, Tennessee has awarded licenses to 12 online sportsbooks, although not all of them are actively accepting bets. In Tennessee, bettors can use the following sportsbooks: BetMGM, Caesars, FanDuel, DraftKings, Barstool, Hard Rock Bet, Tennessee Action 24/7, SuperBook, Betly, Fanatics, and ZenSports.
Yes, you can place online bets in Tennessee even if you don't live in the state. As long as you are at least 21 years old, physically within Tennessee state lines, and have a verified sportsbook account with a licensed operator, you can legally bet.
Yes, betting on sports in Tennessee is legal for those who are at least 21 years old and physically located within Tennessee state lines. Tennessee passed its sports betting bill in April 2019 before launching on November 1, 2020. Tennessee is one of two states to only offer online sports betting.
Candice Reeves is an expert reviewer for BetMassachusetts.com. Candice built a writing career in wealth management, cryptocurrency, and software applications. Her work is routinely featured in leading finance and technology publications, including WealthRocket.com, CryptoVantage.com, and StackCompare.com. Her investing background serves her well as a sports betting analyst.