Online Sports Betting Tn

If you’re a sports aficionado, you must have heard the news that Tennessee sports betting is legal since the bill was passed on April 30th of 2019. Since then, online sportsbooks have been racing to take the lead in offering betting services to residents of the state. As of November 1st 2020, there are four Tennessee betting apps that players can pick from for sports betting : DraftKings, FanDuel, BetMGM and Tennessee Action 247.

The Tennessee Sports Gaming Act went into effect in July 2019, legalizing online sports betting in the Volunteer State. Only online sports betting is allowed in Tennessee, as land-based casino. FanDuel Sportsbook is Live in Tennessee! Your first bet is risk free up to $1,000 Sign Up Now. 21+ and present in TN. First real money wager only. Refund issued as nonwithdrawable site credit that expires in 14 days. See sportsbook.fanduel.com for details. Gambling problem? Call TN Redline 1-800-889-9789.

Tennessee legalized sports betting in May 2019. Anyone who is at least 21 years of age and is physically within the state of Tennessee can bet with DraftKings Sportsbook there. It operates under our direct mobile license with the Tennessee lottery. How to Bet Sports Online in Tennessee As is the federal standard, a person must be at least 21 years old to place a legal wager and be physically located within Tennessee state limits (or in.

Only three of them are recommend for Tennessee online sports betting : BetMGM, DraftKings, and FanDuel. In fact, these online sportsbooks share qualities that make them stand out even on a countrywide scale. Now that residents can partake in sports betting in Tennessee, it’s a good idea for them to investigate a bit and find out which Tennessee betting sites work best.

Bettors interested in Tennessee online sports betting also need to abide by specific rules, lest they break the law. In Tennessee, you must be at least 21 years of age to partake in sports betting in Tennessee. Residents can only place wagers on Tennessee sportsbooks within the state. Activity that takes place abroad is against the law.

This article will give you all the insights you need to know about Tennessee sports betting!

Best Tennessee Betting Sites

Some factors for Sports Betting in Tennessee to consider are whether a sportsbook is licensed, legal, regulated, and secure for Tennessee Sports Betting. Often, when gambling is legalized in a region, false or illegal imitation platforms show up in droves. These illegitimate operators put players and their information and funds at risk, so it is vital you use these legitimate Tennessee Sportsbooks :

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Top Online Sportsbooks in Tennessee

As the online Tennessee sports betting market develops, more and more operators will jump into the TN sports betting scene, especially because the legislation is written in such a way that entering the Tennessee sportsbooks market will be quicker than in other states (more on that later).

Competition is fierce whenever gambling is legalized in a region; and this holds true for Sports Betting in Tennessee. Small and large platforms alike fight for a spot at the top. Of course, not every sportsbook can find success in the market. Some operators will always stand out. Three of these currently share the throne for Tennessee sports setting.

Here is our selection of the best online sportsbooks in Tennessee :

BetMGM Tennessee

BetMGM is the online sports betting arm of the famous MGM betting brand (as in MGM Grand, Metro-Goldwyn Mayer, etc.). Now, people looking forward to online Tennessee sports betting can get access to the BetMGM service. Users of the BetMGM service can expect a loaded menu of available sports, straightforward promotions, and extra features.

Additionally, the promotions and extra features of BetMGM make it a competitive choice among the available Tennessee sports betting apps. New users can look forward to an uncomplicated welcome offer to minimize the risk of their first bet in a big way, in addition to modern features like easy parlaying and live betting (more on that later in the article).

The team behind BetMGM wasted no time and immediately signed onto a partnership with the Tennessee Titans. It also promises weekly promotions to retain its growing base of users.

DraftKings Tennessee

DraftKings offered DFS in Tennessee right from the outset, and now they’re bringing their sportsbook to players in the Volunteer state. Tennessee betting sites are growing in number, and so this DFS juggernaut has decided to get involved with the market.

Draftkings has been providing legal, regulated sports betting for some time now, with no signs of scaling back. Offering a sizeable deposit bonus and a well-performing interface, DraftKings is a great option for Tennessee sports betting fans. There’s also a rewards program, which is a way that DK can provide its dedicated users with a whole slew of exclusive promotions.

DraftKings entices bettors with a fast, comfortable, and exciting play experience. While it faces some heavy competition, it holds the belt for the best-rated operator in the country and intends to keep it for Sports Betting in Tennessee.

FanDuel Tennessee

FanDuel is the underdog in the market. It doesn’t have the same renown as other platforms, but it’s set to impress and hit hard with Tennessee sports betting.

FanDuel is another well-rounded addition to Tennessee betting sites, with a great set of promotions and extras that benefit players of all experience levels. Particularly of interest are parlay bonuses, which benefit players who know how to spread their risk across multiple matches using parlay bets.

Sports betting in Tennessee is a relatively new thing, which is what makes FanDuel a great choice for folks just getting into the hobby. Their extensive knowledge base is a good way for new bettors to get acquainted with placing their first bets, how the wagering process works, and more.

Tennessee Online Sports Betting: Events and Betting Markets

With the addition of at least three top-tier providers of sports betting in Tennessee and more on the way, sports bettors will have no shortage of betting markets and options. College sports and professional ball will be available, as addition to some more niche markets like golf, MMA, rugby, and more.

There are, surprisingly, a plethora of available markets and leagues with online Tennessee sports betting sites, in a short period. Take a look at what you can find right now :

• NFL and Collegiate Football
• NBA and Collegiate Basketball
• MMA
• MLB
• Formula One
• NHL
• PGA
• World Boxing Association
• World Boxing Council
• NASCAR
• U.S. Open Cup
• Moto GP
• Pro Bowling Tour
• ... and more!

Popular Tennessee Events

Tennessee sports betting takes place in a proud state known for its music, culture, and of course, sports. Tennesseans are some of the most avid and active sports fans in the nation, and love to show up for their teams. Some huge national favorites and local events will be hosted on the majority of Tennessee sports betting sites and apps. Here’s a short list of some of the favorites:

• The Liberty Bowl hosted by AutoZone has been a staple of TN college football since 1959, making it one of the country’s oldest collegiate sporting events. SEC and Big 12 teams compete for the Liberty Bell trophy and millions in prize winnings in this Memphis-based, cold-weather game.
• The SEC Championshipis where the best performing collegiate football teams from the South Eastern Conference vie for the top prize in the NCAA.
• Third Saturday in October is an infamous game in Tennessee and the SEC because it pits the Tennessee Volunteers against rivals the Crimson Tide at the U of Alabama.
• The SEC Men’s Basketball Championship Finals is where the Tennessee Volunteers basketball team has made their mark in the conference’s last stages before the March Madness. The team made it to the Sweet Sixteen in 2019, and you can bet they will continue to push the envelope in the coming years.

Now, you’ll be able to bet on these events and more with Tennessee sports betting apps like BetMGM, DraftKings, and FanDuel. Since you’re now acquainted with the kinds of events you might be betting on, let’s go over some common bet types.

Common Types of Bets

When you’re starting out sports betting in Tennessee, it’s a good idea to familiarize yourself with the different types of sports bets available and how they work. Most Tennessee sports betting websites will offer a plethora of available bets, including live bets, parlays, and more. You might be a new bettor, so here’s a rundown of some common bets found on Tennessee betting sites.

• Straight: most common type of Tennessee Sports Betting. Here, you place a wager on who you think might win the match. Putting money on the underdog provides you with points while wagering on the favorite does not. This is the most popular choice for Tennessee Sports Betting Apps.
• Moneyline bets are perhaps the most straightforward bets you can place with Tennessee sports betting websites and other apps: just bet on the winner.
• Totals are bets where you wager on the number of combined points scored by both teams. Also known as the “over-under”.
• Futures are bets you’ll place on events that haven’t happened yet. These bets can be particularly tricky to hit with Tennessee sports betting apps-- the odds are particularly volatile, and one injury can ruin the best of plans.
• Points Spread: objective is to choose a team that will win or lose within a margin set by the bookmaker. Typically, the gap to fill is adjusted to make it difficult to guess the outcome.
• Head-to-Head bet is unique. You pick two contestants and determine which will do better or win outright. It’s an available option at most Tennessee Sportsbooks.
• Parlays and Teasers are bets that consist of multiple “legs” across different matches or sports. This kind of betting is a good way of gaining a bit of control over your risk, but they’re not for beginners.

Live Betting

Users can live bet and stream using their preferred TN sports betting apps or online site. Live betting is a new addition to the world of sports betting. Back in the day, you had to wait on line to place a bet on your preferred sport at a licensed bookmaker. Eager bettors would dash to the cashier, hoping they were in time to place their bets only to find they were one of twenty people who had the same bright idea.

With live betting, you can place bets on-the-fly and as the action happens. This just wasn’t possible before online sports betting apps, and it’s a great thing to see in Tennessee. Live betting is high-pressure and best left to those who have a little bit of experience under their belt, so try out some of the more straightforward bets mentioned above before placing a live bet.

Daily Fantasy Sports in Tennessee

Daily fantasy sports in Tennessee were essentially the first legal venue for people to wager real money on contests since 2016. Those contests were DFS contests offered by sites now offering TN sports betting like DraftKings and FanDuel, and were considered separate from other types of gambling because DFS wagers aren’t technically bets on real-life events.

Rather, a wager on DFS is more like a “game of skill”, because you’re putting together a roster of your own devising.

Today, you can still bet on DFS in Tennessee, and it’s a great way to try your hand at fantasy sports before betting on the actual TN sports betting sites. Put together your dream team and follow along with the action as your players climb the ranks and maybe, just maybe, make you a little money in the process.

Betting on Pro Sports Teams in Tennessee

This is what fans really show up for-- betting on their favorite professional teams. Tennessee sports betting allows you to place bets across multiple markets and make all kinds of bets like the ones we’ve described above. National events like the Super Bowl and the Stanley Cup are well represented on Tennessee sports betting apps, as well as in-season games for a good majority of popular sports.

NFL Betting in Tennessee

It doesn’t get more American than football, and sports betting in Tennessee happens on the home turf of some of the most dedicated football fans on the planet. That’s good news, because now that online Tennessee sports betting is legal, fans will have an easy and fun way to add a bit of extra excitement and risk into their experience.

When using Tennessee sports betting apps, there are great ways to add bonuses and try your hand at new, different kinds of bets. Event-specific promotions during the AFC playoffs and more will be available, so keep an eye on your preferred TN sports betting apps to get a little bit of an edge throughout the season.

Tennessee Titans Betting

The Titans have been a fan favorite in the NFL despite relocating and rebranding. Formerly the Oilers, fans of the Titans cross state lines and age groups, and millions of Americans consider the Titans “their team” no matter where they live.

With over 20 playoff appearances and no signs of stopping, fans in Tennessee will be happy to know that betting on the Titans is quick and painless. We look forward to an expert showing from the Titans in coming seasons, and fans can look forward to placing real-money wagers on NFL matchups today.

NBA Sports Betting in Tennessee

Now that NBA betting in Tennessee is above-board and legal, Grizzlies fans and more will have access to all kinds of bets, including live betting and more.

Memphis Grizzlies Betting

The Grizzlies have a respectable record in the NBA, last making it to the playoffs in the 2012-13 season. Still, the team seems to make it to the qualifiers almost every year, so maybe next year is going to be extra special for fans of NBA betting in Tennessee. With Taylor Jenkins at the helm, the Grizzlies have had a stable record, and we expect good things for them in the upcoming season.

NHL Sports Betting in Tennessee

Tennessee sports betting wouldn’t be complete without the Preds, and that’s why it’s great news that bets are now legal. Watching your favorite teams slug it out on the ice is fun enough, but the little extra risk thrown in when you wager real money from one of many Tennessee betting sites gives your sports-watching experience an added thrill.

Nashville Predators Betting

1997 was a great year for the NHL, as Nashville was able to establish its very own team. Now, the Predators are one of the higher-performing teams in the league, with two division championships and a conference win. Users of apps offering sports betting in Tennessee are likely to see some pretty nice payout for bets on the Predators to win the coveted Stanley Cup-- they’re a bit of an underdog with a steadily improving record.

Tennessee sports betting apps will surely list at least a few Pred games, so check the menu for the match you prefer. Many sports betting sites in Tennessee will be offering live streaming as well, but if not, simply tune in on your preferred provider of NHL games and follow the action.

MLS Betting in Tennessee

Major League Soccer is a relatively new thing in the US, having been established as a league in the 1990’s. Perhaps the most widely played sport in the world, the new world of Tennessee sports betting apps have a home for soccer fans of all kinds, offering bets on everything from local matches to the World Cup.

Nashville Soccer Club Betting

Nashville SC has existed in one form or another since the beginning of the MLS and modern organized soccer in the US, and now Tennessee sports betting apps are going to be able to offer bets on their matches. Finishing 7th in the Eastern Conference in 2020, the Nashville SC is going to be a team to watch for users of Tennessee betting sites in the coming years-- their new stadium home is slated to open in 2022, perfect timing for the growing horde of Tennessee soccer fans.

Betting on Tennessee College Teams

Tennessee College Football Betting

College football has been a part of Tennessee’s rich and storied history for the better part of 70 years, and shows no signs of stopping. From bitter rivalries to historic events, Tennesseans take their football seriously at every level. If you’re in Big Orange Country, you can now bet on your favorite SEC and AAC teams and beyond.

Don’t forget that you can bet on your favorite collegiate events like the Liberty Bowl and the SEC Championship Game, and Tennessee sports betting sites will often provide extra bonuses and incentives that are event-specific. Whether it’s the Third Saturday or the middle of the playoffs, take a look at your preferred Tennessee online betting site for more info on ways to stretch your betting credit and add bonuses.

Here are the ten college football teams you can find inside of the state

• Austin Peay State University
• Cumberland University
• Sewanee - The University of the South
• Tennessee Tech University
• Tennessee State University
• University of Tennessee - Chattanooga
• Lane College
• Tusculum University
• Brentwood Academy
• Bethel University
• Rhodes College

Tennessee Volunteers

The Tennessee Volunteers football team haven’t taken home an SEC Championship win since the 90’s, but every year they have a strong showing in their conference, especially when paired against their rivals at Alabama. They’re a great pick for Tennessee online sports betting fans.

Additionally, the Volunteers took home the trophy at the 2020 Gator Bowl, and under leadership of coach Jeremy Pruitt, might have a real chance at the 2021 SEC crown. Bet on the Volunteers using your preferred TN sports betting site and put a little risk and excitement into watching the Vols play.

Here are a few notable teams to keep in mind before you fill out your bet slip:

• Crown College of the Bible
• Jackson State Community College
• Carson-Newman University
• Martin Methodist College
• Columbia State Community College
• Tennessee Wesleyan University
• East Tennessee State University
• Cumberland University
• Walters State Community College
• Lipscomb University

Tennessee College Basketball Betting

College basketball is alive and well in Tennessee online sports betting, and multiple conferences and their eager teams have a chance at the national title. Tennessee sports betting apps will enable players all across the Volunteer state to bet on their favorite NCAA matches. In addition, most worthwhile sports betting apps will have event-specific promos like March Madness bonuses and more.

Middle Tennessee Blue Raiders

The Blue Raiders took the Sun Belt East in the 2012-2013 season and won a bid for the NCAA championship, only to be knocked out by Saint Mary’s. They took home the Division title in 2018, and fans of Tennessee online sports betting are eager to see them climb the ranks of the C-USA in future years.

TN sports betting fans rooting for Middle Tennessee can look forward to betting on most games throughout the season, but not all games will be hosted on preferred Tennessee sports betting apps due to time restrictions. Still, we expect that users of Tennessee online sports betting apps will be able to bet on the Blue Raiders both before the game and, hopefully, live in play as well.

How to Place a Sports Bet in Tennessee

Placing a sports bet in Tennessee is going to be a relatively stress-free and simple process as compared to other states. For example, Nevada bettors have to physically visit a casino or sportsbook in person to register for a sports betting account. As Tennessee doesn’t have brick-and-mortar sportsbooks or casinos, all registration and play is done from Tennessee sports betting apps or their respective websites accessible from any web browser.

There’s a step-by-step guide to signing up with a online Tennessee sports betting website below, but there are a few things that you should keep in mind before you continue. First and foremost, all legal betting in the US, including TN sports betting, is restricted to people of legal gambling age; in most cases, this means 21 and older.

Also, US law dictates that casinos, sportsbooks, and other gambling sites can only operate in certain states. There may, for example, be a version of BetMGM in several US states, but players physically located in Tennessee must use the Tennessee version of the site or app. You don’t have to be a resident of TN to participate in online Tennessee sports betting, you’ve just got to be there.

In order to verify your age and location, apps and browser versions of Tennessee sports betting sites will require you to enter some or all of your SSN. This is simply to verify your identity, and your information will not be shared.

When playing from a desktop computer, you’ll have to install a browser plugin that shares your location with the Tennessee Education Lottery and the Tennessee sportsbooks of your choice. This plugin must be enabled if you’re going to make any real-money wagers with any Tennessee sportsbooks. For the same reason, users of Tennessee sports betting apps will need to enable location services on their app of choice.

Tennessee Sports Betting Laws

Interestingly, Tennessee is the first state in the union to bypass a very specific licensing requirement: namely, no online sportsbooks or casinos in TN have to pair with a land-based or “brick-and-mortar” casino. They can simply meet the licensing fees, get certified to offer regulated sports betting by the lottery division, and open up shop.

It’s the first state to allow Tennessee sportsbooks to jump directly into the market without that extra step of pairing with a physical casino or sportsbook, and it will likely shake up the betting world in a major way. Having an abbreviated and easier path to opening will perhaps even change the paradigm for new Tennessee sportsbooks and others going forward.

However, this is not without cost: new TN sports betting operators need to meet certain “hold” requirements with their finances. TN sports betting providers must hold 10% of wagers at all times to stay in step with regulations set by the Tennessee Education Lottery.

This may mean that odds get worse for players over time, but other industry examples of similar practices haven’t reflected this hit to bettors. Time will tell for Tennessee sports betting, but it’s likely the average bettor won’t notice a difference in their overall experience due to this legislative difference.

Overall, the laws regarding online Tennessee sports betting are pretty straightforward, and this is going to make for a pretty lucrative market in the future. Since Tennessee is the only state offering legal, online sports betting in a wide radius, it is likely that Tennessee sports betting will attract bettors from all across the southeast.

Step-by-Step: How to Sign Up and Bet with Online Tennessee Sports Betting

Registering with Tennessee sportsbooks is a snap, primarily because it’s all done remotely from your mobile app or computer. All you’ve got to do is visit the desktop version of your preferred Tennessee betting sites and download the app of your choice, provide a few key personal details for security, and make your first deposit to get all the features and bonuses of these Tennessee sports betting apps.

Here’s a detailed step-by-step for users of the most common devices and browsers. Desktop users also shouldn’t forget to download and enable the geotagging plugin required to share their location. Here’s how to get started:

1. Visit the desktop site or download the app of your choice from their respective websites. You can find most of these apps on the App Store for iOS users, while Android users will have to download the APK file and install that way. Note: when you’re downloading the APK for Android devices, your phone will prompt you to “enable the installation from an unknown source” or something similar. Don’t worry-- all of these apps are regulated by the Tennessee Education Lottery.
2. These Tennessee betting sites or apps will walk you through the personal details section, in which you’ll place your email, preferred username/password, address, mobile number, and the last four digits of your SSN. This is again, all for identity verification purposes, as users must be 21+ to play.
3. Before you hit “Register” or “Sign Up”, you’ll also have the opportunity to input a promo code. These promo codes are alphanumeric codes that are sometimes shared to incentivize users with extra betting cash, matched deposits, and more. Always be sure you’re using a promo code from a trusted website.
4. Hit “Sign Up” or “Register” and make your first deposit to have access to all of the features of your preferred Tennessee betting sites! Make sure you enable your Tennessee sports betting apps to access and share their location, or install the required geotagging plugin for desktop. You must physically be in Tennessee when betting using a TN-branded app.

Tennessee Sports Betting FAQ

Tennessee online sports betting just became a reality, so it’s likely that new bettors and experienced bettors alike will have some questions about how the process will work legally in the Volunteer state. As sports betting in Tennessee is still a new issue for legislators, all of this information is, of course, subject to change. Still, this is the most accurate information regarding Tennessee online sports betting that is currently available.

Where can I bet on sports in Tennessee?

You can currently only take part in Tennessee Sports Betting at four operators. These include BetMGM, FanDuel, DraftKings, and Tennessee Action 24/7. Most players recommend using one or all of the first three mentioned above. Also, you can only do so via Tennessee Sports Betting Apps.

Is sports betting legal in Tennessee?

Yes, sports betting is legal in Tennessee as of November 1st, 2020. The legislation that pushed this change forward only allows for Tennessee Betting Sites to operate with and under strict regulation. There are currently no brick-and-mortar casinos in Tennessee, so you have to use Tennessee Sports Betting Apps.

How can I register and safely deposit into a TN sports betting account?

Registering with Tennessee sportsbooks is easy. You do have to provide a few details like the last four digits of your SSN and your mobile device, but this extra layer of security is to protect users of Tennessee sportsbooks.

What happens if I win when sports betting in Tennessee?

Tennessee betting sites have cashier options that one can use when you’re ready to cash out your winnings. Keep in mind, though-- most Tennessee sportsbooks require you to meet a few wagering requirements before your winnings get released for withdrawal. Still, it’s great news to win, and Tennessee betting sites do a great job of offering users enough options to access their winnings. Don’t forget-- winnings with Tennessee sportsbooks or other sites are taxable.

Are there good teams in Tennessee?

There are some fantastic teams to choose from at Tennessee Betting Sites. Many of them are known across the country as some of the best. While they don't always take first place, other states understand that facing a team from this state will most likely be challenging. You can choose from plenty for your Tennessee Sports Betting.

Can I bet by phone with online Tennessee sports betting sites?

At the moment, phone-based betting with online Tennessee sports betting sites is not outlined in the current legislation. However, you can use your smartphone on Tennessee betting sites or download apps to conduct sports betting in Tennessee legally.

Tennessee Casinos

Sadly, there are no brick-and-mortar casinos available for Tennessee sports betting. But now that TN online sports betting is legal and regulated, only time will tell if online casinos will make similar strides towards legality in the Volunteer State. Tennessee sports betting providers don’t have to pair with a physical casino in the state because there are no casinos in the state.

Perhaps the new opinion towards regulated gambling and sports betting in Tennessee means that Tennessee betting sites will someday soon be able to offer online casino games for real money, but there’s nothing on paper as of yet. However, don't expect in-person gambling houses anytime soon.

Final Thoughts on Tennessee Sports Betting

In many people's opinion, state legislation has made a fantastic decision in legalizing and allowing Tennessee Sportsbooks to operate. Even though only a short time has passed, it's easy to tell that many platforms are making big moves to build a presence inside Tennessee.

The state is a breeding ground for Tennessee Sports Betting and hosts some of the country’s best teams. It's no wonder why fans are so excited and mobilizing so quickly to sign up and start playing at the newly available sportsbooks.

In conclusion, sports betting in Tennessee is a new thing, but some pretty experienced providers are making strides in the market. All of the apps we’ve mentioned have quick learning curves and worthwhile promotions, so take a look and choose which one is the best for you.

Other states where you can place an online sports bet :

Colorado Illinois Indiana Iowa Michigan Nevada New Jersey Pennsylvania Virginia West Virginia

In May 2019, Tennessee finally legalized sports betting. However, it came with a catch: retail sportsbooks would not be included because there are no land based Tennessee casinos. As a result, only online sports betting is legal within the state.

Many big sportsbook operators have jumped at the opportunity to provide sports betting for enthusiasts in this new market. Throughout the last year, operators have been applying for sports betting licenses issued by the Tennessee Lottery. At the time of writing, seven have been approved, though only four are known: DraftKings, FanDuel, BetMGM, and Tennessee Action 24/7.

The first three launched November 1, 2020, while the last may launch sometime in 2021 depending on their insurance situation. Regardless, this page will break down everything you need to know about sports betting in Tennessee.

Tennessee Sports Betting Apps

As of November 1, 2020, three sportsbooks have launched in Tennessee. All three well-known in the industry and offer excellent apps.

DraftKings Sportsbook Tennessee

DraftKings is arguably the number one sports betting operator in the industry. Its app is one of the best in the business, offering fantastic market depth and variety. It has an excellent and intuitive mobile interface that runs smoothly most of the time. What’s more, it offers exclusive bonuses and special betting opportunities for mobile users.

The opening bonuses at DraftKings also have among the highest value: up to $1025 spread across a 20% deposit match bonus, a $500 risk-free bet, and $25 in site credit spread across five $5 bets.

DraftKings has a reputation for offering generous sports betting wagers and promotional opportunities, particularly for special game days and around the beginning of most major league seasons. In addition to having excellent market variety for most major league sports, DraftKings is also one of the few sports betting operators that provides eSports wagering opportunities. It even offers other niche sports like darts, motorsports, and MMA fighting.

Ultimately, sports betting enthusiasts would do well to check out this app.

FanDuel Sportsbook Tennessee

FanDuel is another big sports betting operator and a direct competitor to DraftKings. While this app doesn’t have quite the level of market depth and variety that DraftKings brings to the table, the app manages a slick and smooth user interface that arguably puts the latter to shame.

Furthermore, FanDuel has its own special promotional opportunities and special betting pools that no one else provides. Odds are usually quite player-friendly and app users can enjoy in-play or live betting right from the mobile app’s interface.

FanDuel’s sports betting app is also a great choice thanks to the whopping $1000 risk-free bet opening bonus. This provides quite a significant cushion for new players to sports betting who may not know what separates a good wager from a risky one.

BetMGM Tennessee

BetMGM is another major sportsbook operator that provides one of the best mobile apps in the industry, partially thanks to its smooth operation and excellent layout/navigation features. It isn’t quite as large as the other two operators mentioned so far, but it provides a good selection of sports betting markets and leagues. This includes some niche sports like rugby and international soccer.

Alongside these staple features are things like in-play betting and bonus promotional opportunities or special betting pools. The downside is that you can’t watch games using a live stream right from the mobile app, but this is ultimately a minor downside when one considers the overall value offered here.

Tennessee Action 24/7

Tennessee Action 24/7 is much less known compared to the other three operators. Indeed, it’s not known whether Action 24/7 will be able to launch on November 1 due to reported issues with the operator getting the required insurance for Tennessee sports wagering.

Supposedly, Action 24/7 has gotten its insurance issues taken care of and is scrambling to launch at the same time as the other big sports betting operators above. But it’s unlikely that the app will be fully ready by November 1. Regardless, the operator has been granted a provisional sports betting license and it will likely launch its mobile app sometime in 2021 at the latest.

Alongside Tennessee Action 24/7, three other sports betting operators have been awarded licenses by the Tennessee Lottery. These operators’ identities aren’t yet known, but BetRivers and other major operators are good assumptions.

Time will tell when these operators will reveal themselves and set a launch date for their own sports betting ventures. It may be that these operators are waiting for the market to play out a bit before dipping their toes in.

Perhaps this is because Tennessee’s sports betting legislation has stipulated that operators use official league odds instead of using alternative sources. Such a rule alters operator costs and may impact overall profitability and player engagement, but the overall effects have yet to be seen.

Guide To Betting Online In Tennessee

Due to Tennessee’s largely anti-gambling history, the Sports Gaming Act that legalized sports betting for online players comes with several stipulations and rules that distinguish the activity in this state as opposed to the others. At the same time, there are many similarities that sports betting enthusiasts who’ve already sampled operators from other states will recognize.

Bonuses

For starters, opening bonuses to be offered by the operators active in this state will probably be pretty similar to what you’d expect elsewhere.

Deposit Match Bonus

For example, BetMGM is set to offer a $250 deposit match bonus. Unlike some other opening deposit match bonuses, it will match the opening bonus up to 100%. In this way, you can deposit $250 and get another $250 of site credit for a total fund pool of $500.

Online Sports Betting That Uses Paypal

Risk-Free Bet Bonus

Other providers, like FanDuel, will offer risk-free bets of up to $1000 or less. These risk-free bets apply to any wagers that new players lose and reimburse them with site credit. Note that this opening bonus, and the deposit match bonus, both require that players “play through” any winnings at least once before withdrawing future winnings. These rules are in place to prevent bonus abuse.

No-Deposit Bonus

There are other opening bonuses available as well. For instance, DraftKings offers a $25 no deposit bonus spread across five $5 bets. These are great opening bonuses for players new to sports betting who want to try out a sports betting app before committing a lot of cash. This bonus, and others like it, usually need to be redeemed within seven days of creating an account.

Other Bonuses

Other sportsbook operators may come up with more unique opening bonuses to draw in new players. For example, FanDuel offers multi-bet parlay insurance, reimbursing players with up to $25 of site credit if they “lose” one leg of a traditional parlay wager.

Main Teams And Sports To Bet On In Tennessee

In Tennessee, football is thought to be king, and most players will undoubtedly dip their toes into sports wagering with this activity. The Tennessee Volunteers and Titans are likely to be fan favorites in this state, and players will be able to wager on both teams through deep betting markets depending on the operator they go with.

That’s partially because Tennessee sports betting will allow wagers on in-state NCAA teams, although in-play wagers for those same teams will also be forbidden. Still, this is generous compared to many other states, some of whom prevent in-state NCAA sports wagering in general.

Is Esports Betting Active In Tennessee?

Technically, no. But DraftKings’ sportsbook has historically offered eSports wagering opportunities in states that have allowed those markets. It’s highly likely that Tennessee residents will also be able to wager with eSports markets provided they sign up for a DraftKings account.

What Sportsbooks Will Soon Come To Tennessee?

As mentioned, there are still three sports betting licensees unaccounted for. These other operators have not yet revealed their identities. The reasons for this are unknown, but it does mean that other sportsbooks will still come to Tennessee sometime in the near future.

Due to the costs of purchasing and maintaining a sports betting license, it would be unprofitable for an operator to not launch sports betting in a state where they have such a license.

Legal Betting Versus Illegal Betting In Tennessee

It’s been a long time since Tennessee has made any progress toward legalizing gambling activities. But legal sports betting is finally here, and it’s a much better choice compared to relying on an offshore betting site or an illegal sportsbook.

The reason? Illegal betting sites are run by corporations or groups of individuals that are largely unregulated, especially by local organizations. This essentially means that illegal or offshore sportsbooks can easily take money from their users’ accounts without much consequence.

There’s nothing stopping illegal betting sites from mistreating their users or customers. There are no regulatory bodies or agencies who can come down on them if they make a mistake.

Also problematic is the fact that many offshore betting sites are not as digitally secure as their licensed and regulated counterparts. For instance, DraftKings and other licensed sportsbook operators have top-tier digital security and antivirus measures to keep their users’ data safe. With offshore or illegal sites, your personal data is much more vulnerable and can easily be leaked. This may open you up to identity theft or other digital threats.

All in all, legal sports betting is a much better choice through and through both for the safety of your cash and your personal information. Plus, legal sportsbooks usually have better odds and more potentially profitable wagering opportunities.

How Do I Know That Online Sportsbooks In Tennessee Are Fair?

Anyone looking to put money in an online sportsbook is well within their rights to question whether the sportsbook in question is a fair operation. There are multiple ways you can tell whether an online sportsbook is fair and worth your time and money.

Who Regulates Legal Online Sportsbooks In Tennessee?

For starters, it helps to know who’s in charge of regulation for sports betting in Tennessee. That organization is the Tennessee Education Lottery, which was first created in the early 2000s to oversee the beginning and later regulate the Tennessee state lottery. With the addition of online sports betting to Tennessee’s licensed and regulated gambling activities, the Lottery will also oversee all sportsbooks in the state.

This means the Lottery is every users’ first contact if there’s a discrepancy with their funds or if an operator refuses to allow you to withdraw your winnings fairly. This overseeing agency will ensure that sportsbooks are fair to their users and abide by state rules at all times.

Why Should I Trust Legal Online Sportsbooks?

Legal online sportsbooks can only offer sports betting if they apply for local licensure. This, in turn, involves the regulatory body in charge of sports betting (the Tennessee Lottery in this case) performing in-depth background checks on every license applicant.

We’ve already seen this in action with Tennessee. Sports betting operators applied for licenses as early as the latter half of 2019, shortly after sports betting was made legal. But it still took the Tennessee Lottery most of the following year to thoroughly check out the backgrounds of each major operator.

The Lottery did this even though the licensed operators in question are well known throughout the US! For instance, DraftKings and FanDuel are two of the most well-known sportsbook operators in the country. But they still had to get a background check and were duly verified by the Lottery before they were allowed to offer sports betting in Tennessee.

In short, you should trust legal online sportsbooks because they have been thoroughly vetted by the regulatory body that’s also in charge of keeping them honest in the future. Plus, big sportsbook operators have a long history of customer satisfaction and honest operation.

How Do I Get Paid If I Win?

With all of Tennessee’s sports betting operators, you’ll be provided a selection of different deposit and withdrawal methods for funding and taking money out of your account. However, the withdrawal methods vary from operator to operator.

For example, DraftKings provides three major withdrawal methods, including linked credit or debit card, ACH transfer, or electronic wallets such as PayPal. Meanwhile, FanDuel offers eChecks, PayPal, and other electronic wallets, credit or debit cards, and prepaid cards for withdrawing your winnings.

Withdrawal Process

In any event, withdrawing your winnings is usually quick and easy. After receiving winnings in your mobile sportsbook account, you’ll be able to access your account and start the withdrawal process based on what withdrawal methods you have linked to your account. You can also link more withdrawal methods whenever you like.

After sending the withdrawal request, it will be processed by the sportsbook operator in question. In most cases, withdrawals take between one and two business days. After that point, you should see the money in your primary bank account or whatever withdrawal account you used.

Keep this in mind if you need cash fast. Since Tennessee doesn’t have any brick-and-mortar casinos that work in partnership with these online sportsbooks, you won’t be able to stop by the cash cage in person and take out your winnings instantly.

Generally speaking, there are usually fewer withdrawal methods available than deposit methods. Most sportsbook operators will provide between four and six deposit methods for funding your account but only between two and four for withdrawal.

Tennessee Sports Betting FAQ

Online Sports Betting Tennessee Residents

Players can make a wide variety of sports bets. Here are just a few:

• Moneyline. These basic wagers are simple and essentially require a player to bet on which team will win a match and sometimes by how big of a score difference
• Parlays. Parlay or successive bets require players to wager on multiple victories or other conditions in a row. A player only wins the entire bet if they get every leg of the wager correct
• Futures. Players can wager on future game outcomes are other events, and these events can pertain to individual games or seasonal developments (like whether a team trades a certain player to another team)
• Props or proposition. A proposition wager involves betting on multiple events that take place within the same game or event. The events don’t have to affect a game’s outcome. Examples include touchdowns, home runs, or other scoring event

Some sportsbooks also offer unique wagers tied to certain in-game actions or promotional opportunities. For example, FanDuel often features “first touchdown” wagers at the start of the NFL professional season. Be sure to check out what every operator provides before making an account to take advantage of these unique betting opportunities

More bets than these may become available as sports betting develops within Tennessee. It all depends on what the operators come up with and decide to provide to their users.

Yes. Tennessee’s sports betting legislation will allow collegiate sports betting. This is a big boost to business considering that Tennessee is one of the most football-friendly states in the country. However, the same legislation also prevents live or in-play collegiate sports betting.

This means that, while players will be able to wager on college sports, they won’t be able to do so during a game. This does limit the wagering market for collegiate sports somewhat. However, it’s meant to prevent cheating or game alterations that benefit certain wagering markets.

Any Tennessee sportsbook operators must pay a 20% tax on all betting revenue. This is particularly high in comparison to the fees and taxes seen in other legal sports betting states. New Jersey, for example, only levies a 13% tax for mobile sports betting revenue.

Still, it could be a little worse. Pennsylvania is particularly harsh, levying a 36% tax for all mobile sports betting revenue and another $10 million fee per license.

Online Sports Betting That Accepts Paypal

Anyone. Tennessee’s Sports Gaming Act did not put a limit on the number of licenses. The requirements for online sports betting licensure include:

• An annual fee of $750,000
• A 20% tax rate for operators
• A mandatory 10% hold for all bets. This basically means that sportsbooks must have at least 10% of the revenue in actual money at the time of bet closing
• Furthermore, sports betting operators must agree to use official league data for odds making. This reportedly costs approximately 1% to 2% of each dollar of gross gaming revenue, which drives up the operating costs for sportsbooks even higher

DraftKings is one of the few sportsbook providers that offers eSports wagering in certain states. Whether or not it will offer eSports bets in Tennessee has yet to be revealed, but it’s quite likely.

Keep in mind, however, that eSports wagering is still a very unique and young betting market, which is the biggest reason why more sportsbooks don’t offer these bets. Even if DraftKings does offer eSports wagering, it’s likely that the betting pools will be relatively shallow and limited.

Yes. DraftKings launched in Tennessee on November 1, 2020.

Yes. FanDuel also launched in Tennessee on November 1, 2020.