Tennessee Sports Betting – Where to Bet in Tennessee

Tennessee Sports Betting

Sports betting in Tennessee is only offered online or through mobile apps. Tennessee has no brick-and-mortar casinos, so no in-person betting, of any kind, is allowed in the state. 

Sports betting became legal in Tennessee in November 2020. Since then, only 7 books have been launched in the state. With no physical casinos to partner with and only 3 professional sports teams representing the state, Tennessee is not a particularly attractive market for sportsbook operators. But, as mobile betting becomes more prevalent, and new sites enter the market, we could see more books opening up in the state.

Best Sportsbooks in Tennessee

1. Caesars Sportsbook

Caesars Sportsbook is a great sportsborok, with a ton of good promotions and odds boosts. We like to call Caesars Sportsbook the OddsBoost god because of the sheer volume of odds boosts they have on a daily basis. They also have some really good promos as well, highlighted below.

• Caesars Sign Up Bonus: First bet insurance up to $1,100.
• Weekly odds boosts/profit boosts/bonus bets.
• Watch our full review of Caesars Sportsbook here. 

2. BetMGM

BetMGM also has a lot of odds boosts and promos to take advantage of. It also has a really nice user interface when scrolling through the different types of markets/props you want to bet. It’s very intuitive and easy to navigate. Some of the promos are highlighted below:

• BetMGM Sign Up Bonus: Up to $1500 Bonus Bet. Essentially- you can place a bet up to $1500 and if it loses you get that amount back in bonus bets.
• $10 bonus bet every week. Not a huge amount of money, but always nice to have $10 bonus dollars to play with on a weekly basis. 
• Watch our full review of BetMGM here. 

Is Tennessee a Good Sports Betting State?

Is Mobile Betting Allowed in Tennessee?

Yes! Tennessee has no physical casinos. All sports betting in the state is done online or on mobile. 

How Many Sportsbooks are Available in Tennessee?

So far, 7 sportsbooks operate in the state: Caesars, BetMGM, FanDuel, WynnBet, DraftKings, Action 24/7, and Barstool

Does Tennessee Have Good Sports Betting Odds?

Tennessee has a few negative pressures that could impact the odds pricing across books in the state. First, with only 7 books currently operating, this doesn’t leave the consumer with many options. More books would mean a better array of odds to choose from when placing a bet.

Next, the legislature has imposed a mandatory 10% hold on sportsbooks. This means that the book must hold onto 10% profit after all bets are settled. More advanced sports betting states have a required hold of about 5-7%. In order to meet this mandatory hold, books could pass worse odds onto the consumer. This may not be reflected in all straight bets, but is something to look for in promotions, parlays, and futures.

How to Sign Up for a Sportsbook in Tennessee

Tennessee is easy. You can do everything necessary to get signed up all from your phone/computer. Some states require an in-person sign-up, but Tennessee is not one of those states. 

They also make signing up and depositing fairly simple as well. This is detailed in the next section, but for the sign-up process, the sportsbook will ask you a couple of personal questions to verify your identity. Then once you are signed up you can set up the payment method by syncing the app to your account. 

Tennessee Sports Betting Rules & Regulations

Only two rules in Tennessee.

1. Must be 21 or older
2. Must be physically located in Tennessee.

How to Bet in Tennessee 

Luckily, it is pretty easy to get started in a state like Tennessee. Let’s detail the steps below.

1. Find and download a sportsbook.
   • There are a lot in Tennessee, but let’s start with Caesars since they have such a generous offering of promos and odds boosts. In this case, a bonus first bet of up to $1,100.
2. Sign up and Deposit
   • The sign-up and deposit step is pretty seamless. They will ask a couple of questions to verify your age and identity such as social security number, address, and/or driver’s license. But, it is pretty easy overall. 
   • Once you are signed up you will need to deposit money into your account. You will do this by selecting a payment method and proceeding with the prompt to get the payment method synced to your account. It is easiest to go with a direct deposit to a banking account since you can easily withdraw and deposit funds directly into that account.
3. Verify your Location
   • If you are on your phone then your phone will do this automatically using its GPS feature, but on the desktop can be a little more complicated. 
   • If you are using a desktop you will need to download a location tracking software called geocomply. Please refer to our article here with more details on geocomply. 
4. Place a bet!
   • Now you’ve gotten to the fun part. As mentioned earlier Caesars offers a wide variety of promotions and odds boosts for you to enjoy. But, in general, in order to place a bet, all you need to do is:
     • Navigate to the desired sport
     • Find the line that you would like to bet
     • Click or navigate to the bet slip
     • Click place bet!

Full List of Sportsbooks in Tennessee: