Tennessee Sportsbooks: Best Betting Sites, Apps & TN State Guide for 2024

To those who call the state of Tennessee home, we know it’s not just rhythmic tunes and delicious food you have down there in the Volunteer State. This is also a state known for sports and passionate fans and, because of that, there is an abundance of legal Tennessee sports betting apps that have grown quite popular.

In this article, we'll deliver the top three best legal Tennessee sportsbooks and provide proper guidance to those entering the world of legal sports betting in Tennessee. There is coverage of the history of legal sports betting in the state, how to sign up and bet with Tennessee sports betting apps and education on sports betting taxes in Tennessee.

We are here to convert your sports fandom into sports betting in the smoothest fashion possible. You can follow any of our attached links to the Tennessee sportsbooks highlighted throughout this article to sign up with the ones that suit you best. Each of these Tennessee sportsbooks has juicy sign-up bonuses to take advantage of shortly after creating an account.

📱 Top 3 Tennessee Betting Apps

In the table below, we have included three of the best Tennessee sports betting apps and the welcome offer for each one. We have also included a rating out of five for each of the best Tennessee betting sites:

🏦 Best Tennessee Online Sportsbooks 2024

As mentioned in the table above, the following TN sportsbooks offer the four best Tennessee sports betting apps and are available for online sports betting in Tennessee: DraftKings, FanDuel and Caesars.

💻 Best Tennessee Sports Betting Sites: Where to Bet in Tennessee

Three of the first Tennessee sportsbooks to try and open the best sports betting app in Tennessee were DraftKings, FanDuel and Caesars, and all three of these legal sports betting sites rank within our top three destinations in the state.

Below, we have elaborated on each of our choices, highlighting their unique strengths and qualities. The best part is that you can sign up for an account with all three using the links in this article and enjoy thousands of dollars in starting bonuses.

#1 DraftKings Sportsbook Tennessee

DraftKings Sportsbook offers the best sports betting app in Tennessee because of its consistent, reliable odds that are almost always first to release before any other major book. With dozens of sports, countless bet types and markets conveyed through a slick app and site, new and existing customers can always find incentive to log back in on DraftKings.

🎁 DraftKings Welcome Offer

The DraftKings welcome offer hands all new customers $150 in bonus bets. You don’t even need a promo code to activate this offer when you click here to create an account. Follow that up with a first deposit of $5 and first bet of $5. Win or lose, earn $150 in bonus bets instantly. 

Why You Should Bet With DraftKings

Being one of the most popular sportsbooks in the country has its perks, and what comes with popularity is state availability. DraftKings operates in over 20 states online, and when you consider only 28 states currently offer online sports betting, there is a good chance I can use my DraftKings app across state lines.

I also love DraftKings for their shared wallet between Tennessee sports betting and their daily fantasy sports app (DFS). Lastly, DraftKings is an official partner of the Nashville Predators, so with all the ongoing promotions this sportsbook dishes, I am always ready to apply a boost or bonus bet to my Predators bets during NHL season.

Check out our full DraftKings Sportsbook Review for more information.

• Welcome Bonus: Bet $5, Get $150 Instantly in Bonus Bets - Claim Now
• Legal in Tennessee from: November 2020
• Available Platforms: Desktop / iOS / Android
• Payout Speed: 1 day - 5 days
• Best Feature: Wide variety of sports betting markets to choose from
• Our Rating: 5/5

#2 FanDuel Sportsbook Tennessee

America’s #1 sportsbook, FanDuel Sportsbook, is next up for the best Tennessee sports betting apps. FanDuel is the founding father of the Same Game Parlay market, which has experienced massive success thanks to the blending of prop markets with more traditional odds and lines in a single game.

🎁 FanDuel Welcome Offer

Even if you are new to FanDuel or sports betting in general, you'll want to join FanDuel because of their welcome bonus. All new members can earn $200 in bonus bets just by placing a $5+ winning bet on anything.

You can get started by using this link to create a new FanDuel account, and no FanDuel promo code will be required. All you need to do is win a qualifying bet of at least $5 on any betting market to unlock the new-user bonus.

Why You Should Bet With FanDuel

I love FanDuel for multiple reasons. To start, they offer the best variety of markets for major events, and their Super Bowl odds are particularly strong. Secondly, FD always has its finger on the pulse of all odds in all markets, constantly changing and updating them for precision.

Finally, they truly are a top-notch Tennessee sports betting platform for same-game parlays, especially when it comes to Saturday SEC builds for the Tennessee Volunteers and Sunday NFL builds for the Tennessee Titans.

Check out our full FanDuel Sportsbook Review for more information.

• Welcome Bonus: Earn $200 Worth of Bonus Bet After Winning a $5+ Bet on Anything
• Legal in Tennessee from: November 2020
• Available Platforms: Desktop / iOS / Android
• Payout Speed: 1 day - 5 days
• Best Feature: Same Game Parlay Markets
• Our Rating: 4.9/5

#3 Caesars Sportsbook Tennessee

Caesars Sportsbook ranks third on our list of the best places for sports betting in Tennessee. With a killer marketing scheme, daily odds boosts, and the best rewards program in the game, Caesars is a must within your Tennessee online sports betting arsenal.

🎁 Caesars Welcome Offer

The Caesars welcome offer gives new members up to $1,000 worth in a matching bonus bet after signing up for a new account and losing a bet on your favorite TN sports team. You can qualify for this welcome bonus using our link to open a new Caesars account with the promo code FNEG1000.

After doing so, deposit $10+ and wager up to $1,000 on any sporting event. If you win, great, you keep your cash winnings. If you lose, a matching bonus bet hits your account.

Why You Should Bet With Caesars

Caesars Sportsbook keeps me returning with their unmatched daily odds boosts and thrilling rewards program. By signing up with Caesars, I can earn Tier Credits and Caesars Reward Credits® to jumpstart my journey through the worthwhile loyalty program. Loyalty rewards can be redeemed for free hotel stays, casino credit and discounts at physical Caesars properties.

As far as odds boosts go, the Memphis Grizzlies could go from a -180 money line favorite to a +150 underdog against a lowly opponent at home. That’s the type of value Caesars provides night-in and night-out.

Check out our full Caesars Sportsbook Review for more information.

• Welcome Bonus: $1,000 First-Bet Offer - Claim Now With Code FNEG1000
• Legal in Tennessee from: March 2021
• Available Platforms: Desktop / iOS / Android
• Payout Speed: 1 day - 5 days
• Best Feature: Daily Odds Boosts for existing customers
• Our Rating: 4.8/5

✍🏼 How to Sign Up With an Online Sportsbook in Tennessee

Signing up for the best Tennessee betting sites is easy, and below, we have created a step-by-step guide to walk you through the process:

1. Use our links in the tables above to be redirected to one of the Tennessee sportsbooks featured in the article.
2. Make sure to select Tennessee when asked for your location.
3. For most Tennessee sports betting apps, no promo will be required (for Caesars Sportsbook, use promo code FNEG1000).
4. Begin the sign-up process by entering your personal information.
5. Provide any documentation required, such as your driver’s license.
6. Confirm your account.

🤳🏽 How to Bet on Sports Online in Tennessee

After creating your new Tennessee online sports betting accounts and making the necessary deposits, the next step is to place that qualifying first wager. You can follow our guide below as a general reference for how to bet at any sportsbook, but make sure you check out the best NFL betting sites too:

1. Log in to your new Tennessee betting account via the website or app
2. On the homepage, find the ‘All Sports’ tab and click on it
3. Choose a sport from the list of available sporting options
4. Choose a team or matchup with odds that intrigue you – this could be on the Tennessee Titans, Grizzlies, Predators, Volunteers, Commodores, Nashville SC or literally any other team.
5. Find a wager that suits you and add it to your bet slip
6. Enter a dollar amount and submit your bet
7. Sit back, relax and watch your bet play out and hope it wins

With your first bet, you likely don’t need to depend on a winner if you follow through with qualifying for any of the bonuses we’ve detailed. For every bet after, you will want to cheer on your bet!

📋 Tennessee Betting Overview

⚖️ Is Sports Betting Legal in Tennessee?

Yes, Tennessee sports betting is legal, legit and regulated by The Sports Wagering Advisory Council. It should be noted that 12 online Tennessee sportsbooks are actually legal, and any others would be deemed offshore.

📖 When Did Sports Betting Become Legal in Tennessee

Tennessee online sports betting was legalized in April 2019, marking the first state to do so. However, the launch of online Tennessee sports betting did not occur until November 1, 2020, when three such Tennessee betting sites started accepting sports bets.

Can You Bet on Sports in Person in Tennessee?

No, retail sports betting in Tennessee is not permitted. Rather, you must download any of the 12 legal sports betting Tennessee apps and bet on mobile or online.

Tennessee Retail Sportsbook Locations

There are no retail sportsbook locations in Tennessee, and residents can only use the various betting sites to place wagers.

📖 Timeline of Tennessee Betting Legislation: How Did Betting Become Legal?

• April 2019: HB 0001 legislation passes through both chambers of the state house and ultimately becomes law without even getting Gov. Bill Lee’s signature.
• June 2019: Sports betting becomes legal in Tennessee.
• April 15, 2020: The state finalized and adopted its official rules and regulations for sports betting
• November 1, 2020: Legal online sports betting finally goes live. BetMGM, DraftKings, FanDuel and Action 24/7 all debut on opening day.
• March 2021: Action 24/7 was suspended by the TEL after an internal investigation discovered evidence of money laundering and proxy betting. An injunction by a federal judge later allows Action 24/7 to go back online.
• 2022: The Sports Wagering Advisory Council takes over for the Tennessee Education Lottery Corporation as the regulator for Tennessee sports betting.

Sports Betting Taxes in Tennessee

Do I Have to Pay Taxes on Sports Betting in Tennessee?

Yes, you certainly need to report your winnings at the very least. The rule of thumb is to report once you hit $600 in winnings. Sportsbooks will typically withhold 25% of your winnings, but Tennessee sports betting taxes won’t hit you in most cases when you report.

How to Report Taxes When Betting on Sports in Tennessee

You should receive a W-2G from your sportsbook of choice. You can then report your winnings on Line 7a of your 1040 form.

Tennessee Sports Betting Tax Rate

Typically, the Tennessee sports betting tax rate is 25%.

Tennessee Sports Teams to Bet on

Tennessee has multiple teams to bet on between the professional and collegiate levels. The three TN-based squads we will cover in this section include the Tennessee Titans, Memphis Grizzlies and Tennessee Volunteers.

🏈 Tennessee Titans Betting

The Tennessee Titans have been a staple of consistency, reaching the playoffs in recent years. With a defensive-minded identity and a strong rushing attack, you know what to expect from Titans football. The string of running backs has been impressive. From Earl Campbell back in the 1970s and '80s to Eddie George in the '90s and early 2000s, to Chris Johnson, DeMarco Murray and now the phenomenal Derrick Henry.

The Titans play their home games at Nissan Stadium in Nashville. I love betting on Titans unders and Derrick Henry rushing props whenever I can. The Titans to make the playoffs is usually a safe bet as well.

🏀 Memphis Grizzlies Basketball Betting

The Grizzlies, like the Titans always seem to maximize their talent, develop their players and find the right fits. There is some rare magic in Tennessee where the state lacks the resources of some bigger markets but still finds a way to always contend.

Ja Morant has been having his off-the-court issues, but when he plays, he is always a candidate for NBA MVP. Jaren Jackson Jr. also makes for an intriguing futures bet on Defensive Player of the Year.

🏈 Tennessee Volunteers Betting

Tennessee Volunteers odds for basketball and football make for can’t-miss collegiate sporting atmospheres. With Rick Barnes leading basketball and Josh Heupel leading the football program, perennial top-25 rankings are to be expected. Both programs are recruiting five-star athletes left and right.

With Tennessee sports betting online at any of the sportsbooks highlighted in this article, you can take advantage of futures on both these programs, such as March Madness and College Football Playoff bets.

❓ FAQs

❓ What is the Best Betting Site in Tennessee?

The best sports betting app or site in Tennessee is DraftKings. With the amount of sports they offer and hundreds of markets, they are a step above the rest.

❓ What is the Most Popular Online Betting Site in Tennessee?

The most popular betting site in Tennessee is FanDuel. They recently passed BetMGM in terms of handle.

❓ Which Sportsbook in Tennessee has the Most Users?

FanDuel might be the most popular, but BetMGM still has the most overall users out of all the Tennessee betting apps.

Which Sports Betting Site in Tennessee has the Fastest Payout?

One of the Tennessee betting apps with the fastest payout is BetMGM. Most of their withdrawal methods will pay within four days.

❓ How Old Do You Need to be to Bet on Sports in Tennessee?

You must be 21 years old for legal sports betting in Tennessee.

❓ Can You Bet on College Sports in Tennessee?

Yes. You can bet on all major colleges offered, including in-state college teams like the Volunteers or Commodores. However, you cannot bet on individual college athlete props or live prop bets during college games.

❓ Can You Play Fantasy Sports in Tennessee?

Yes. Daily Fantasy Sports contests have been part of the sports betting scene in Tennessee since Gov. Bill Haslam signed the Fantasy Sports Act in 2016. DraftKings and FanDuel, the two major DFS operators, are the primary sports to partake in this format.

Enjoyed this article? Further enhance your betting experience with our guides, handpicked for you:

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