Tennessee Sports Betting Sites 2022 – Compare Top 5 Best Online TN Sportsbooks

Tennessee sports betting has been around for a couple of years, but it is available in an online and mobile capacity only.

If you’re looking for the best Tennessee online sports betting site, you have come to the right place. We will give you the rundown on the finest state operators and draw attention to the bonuses they offer.

List of the Best Sports Betting Sites in Tennessee

The most reputable operators in Tennessee will have a proven track record of endearing themselves to sports bettors. Without further ado, let’s run through the top 5 TN sports betting sites.

  1. DraftKings – Overall best sports betting in Tennessee site
  2. BetMGM – Trusted sports betting in operator in TN with live streaming
  3. PointsBet – Excellent Tennessee sports betting site with unique features
  4. BetRivers – TN sports betting site with great ongoing offers for existing players
  5. FanDuel – Renowned Tennessee sports betting site for DFS odds

The Latest Tennessee Sports Betting News

Tennessee sports betting is thriving with more customers flocking to sites to wager their hard-earned money. As mentioned, the Volunteer State legalized sports betting a couple of years ago, but there’s no prospect of land-based establishments offering sports betting. Anyway, our timeline shows some of the most recent developments:

  • September 2022 – TN posts a gross revenue record of $46.3 million which entailed the first month of the new NFL season.
  • September 2022 – Hard Rock officially launches, adding another online sports betting app to the TN roster.
  • August 2022 – Tennessee reports a total handle of $205.9million for sports betting.

Reviews of the Best Betting Sites in Tennessee

We didn’t create our list of the best sites for sports betting in TN in a vacuum. Nevertheless, the most formidable operators in our list fare well across several key performance indicators, so let’s see what makes them stand out.

1. DraftKings – Overall best sports betting in Tennessee site

DraftKings NFL betting markets TN

DraftKings Sportsbook ranked top in our list of best Tennessee sports betting sites, and it’s not hard to see why. It is extremely user-friendly and that applies to both the website and the mobile app. The app is very slick, and is compatible with Android and iOS devices. But it is also trusted for wagering on the NFL and NBA, and you can find same-game parlays here. Aside from that, you can also find traditional moneylines, totals, futures bets, and much more.

One of the standout features is their cash-out option, so you can resolve wagers in their entirety before an event finishes, and it comes with low betting amounts compared to most of its rivals. DraftKings is brimming with rewards and loyalty programs, and you won’t have any trouble locating a DraftKings promo code.

Arguably, DraftKings is most renowned for its offering of daily fantasy sports (DFS), where players can pit their knowledge against each other and compete for cash prizes.

Pros:

  • Features same-game parlays
  • Renowned for its offering of DFS
  • New VIP program for exclusive rewards
  • Mobile apps for all the main products

Cons:

  • Not as many deposit options as other sites

2. BetMGM – Trusted sports betting operator in TN with live streaming

BetMGM MLB markets Tennessee

BetMGM is one of the most trusted operators for Tennessee online sports betting, and it merits a place on our list. Apart from being one of the first online sportsbook to go live in TN, it is also the exclusive official partner of the Tennessee Titans.

There are several fabulous features at BetMGM which includes odds boosts allowing customers to win at highly inflated prices. And with over 20 sports markets open, you can take advantage of live betting and same-game parlays. The odds in general are competitive across the board.

BetMGM is also highly secure and it has over a dozen payment methods for making deposits and withdrawals.

There are a wealth of promotions available, so head over to the bonus section of the main page to find out more.

Pros:

  • Odds boosts available for customers
  • Wide range of sports markets available
  • Sharp odds on all major leagues
  • BetMGM TN app for iOS and Android

Cons:

  • Customer support can be slow
  • Doesn’t cover esports betting

3. PointsBet – Excellent Tennessee sports betting site with unique features

PointsBet TN golf markets

PointsBet officially launched in 2019 in New York, but it made an immediate impact on the TN sports betting scene. You will find over a dozen sports to bet on, ranging from mainstream sports, such as soccer and golf through to tennis, UFC, darts, and much more.

In terms of site experience, the PointsBet site is very easy to navigate as you will find a drop-down menu with an A-Z of covered sports and whether you are looking for a fixed-odds bet or a live bet, and everything is easily accessible on one page.

One of the things that will impress users, is the quality of customer support. In particular, the live chat facility is great for use on the desktop version of the site, or on the app, and it is available 24/7, so the team can respond quickly to issues.

Perhaps one of its only shortcomings is that there are limited methods for making deposits, as it is restricted to debit and credit cards, Trustly, PayNearMe, and ACH.

PointsBet has a few bonus options to check out, and this comes in the form of a no-deposit bonus which is quite rare at most sites for sports betting in Tennessee.

Pros:

  • Good customer support options for TN bettors
  • Slick site and app
  • Dozens of sports markets available, including niche options
  • Up and coming sports betting operator

Cons:

  • Doesn’t have many payment options for bettors to make deposits or withdrawals

4. BetRivers – TN sports betting site with great ongoing offers for existing players

BetRivers college football markets TN

Owned by Chicago-based company Rush Street Interactive, BetRivers is known for having a slick desktop site that is complete with quick payouts. BetRivers covers a wide range of sport well, and the additional sports section boasts Lacrosse, darts, and much more.

There is a handy tool that allows you to quickly compile alternative spreads and totals, with perhaps the only thing missing being a same game parlay builder, which is yet to be introduced.

This site which has an app for iOS and Android users is aesthetically pleasing from a design perspective. Although some scrolling is required to find prop bets, it has been laid out in an intuitive manner.

Although the odds are average especially across standard juice lines, you will find a wealth of promotions available, so make sure you head over today to find out more.

Pros:

  • Great sports betting interface for new bettors
  • Covers a wide range of sports markets
  • Can compile alternative spreads and totals
  • Aesthetically pleasing from a design perspective

Cons:

  • Average odds advertised
  • Missing same game parlay builder

5. FanDuel – Renowned Tennessee sports betting site for DFS odds

NHL FanDuel TN markets

Perhaps the most famous DFS operator in the business, FanDuel stands out as a solid choice. There are dozens of contests covering the NFL, NBA, NHL, and MLB where prize pools can top $10,000.

The site is incredibly user-friendly and sticks to the main elements, with popular sports, big buttons for the odds, and a clean bet slip. Although it only has a dozen sports in its library, there are still a wealth of promotions that can be tapped on the bonus page.

The customer support team is also excellent, as there is a 24/7 live chat facility which can be used on the site and on mobile apps. There is also a comprehensive FAQs section which will help users untangle various elements of the site.

Pros:

  • Renowned for its coverage of DFS
  • Excellent customer support service
  • Contests with big prize pools offered for DFS
  • User-friendly app

Cons:

  • Limited range of prop bets
  • Could have more sports available

Frequently Asked Questions about Sports Betting in Tennessee

Is sports betting legal in Tennessee?

Which are the best sports betting sites in Tennessee?

Can you play with FanDuel in Tennessee?

Can you bet on college teams in Tennessee?

How can you download sportsbook mobile apps in Tennessee?

Comparing Sportsbooks in Tennessee

Now, we have seen the top 5 sportsbooks in Tennessee action, let’s see how they compare with each other across key criteria, such as bonuses and live streaming. Our handy table will explain more:

SportsbookSign-Up BonusBonus CodeSports to bet onLive BettingLive Streaming
DraftKings20% Bonus up to $1,000N/A20+
BetMGMRisk-Free Bet up to $1,000N/A20+
PointsBetRisk-Free bet up to $500WELCOME10+
BetRiversFree bet up to $500N/A12+
FanDuelRisk-Free Bet up to $1,000N/A12+

Is Sports Betting Legal in Tennessee?

Sports betting has been legal in Tennessee for a couple of years. It became one few states to enforce an online-only sports betting policy, but the state is brimming with apps for residents to use.

The Tennessee Lottery is responsible for regulating and overseeing all sports betting related activity in the state. Retail sportsbooks are unavailable, but there are plenty of state-recognized online sportsbooks to play at which include DraftKings, BetMGM, and FanDuel.

Who can Legally Bet on Sports in Tennessee?

To enjoy TN sports betting, you will need to be a resident and you will have to be at least 21 years old. You will also have to be within state lines to place any sports wagers.

However, before TEL fully rolls out retail betting, you can still use the state-owned sportsbooks we have referred to in this guide.

How to bet on Sports Online in Tennessee

You can be up and running at a Tennessee sports betting site within a matter of minutes. We have provided a simple step-by-step guide for how you can do so at the top-rated sportsbook on this page – DraftKings.

Step 1: Create a DraftKings Account

Firstly, head over to the DraftKings main page and once you are in the lobby, click the “Join” button which can be found in the top right-hand corner of the site.

DraftKings TN sportsbook step one

Step 2: Fill in the Registration Form

You will now be required to complete the registration form which includes personal details, such as name, address, age, and social security number. Fill in the required boxes and agree to the T&Cs.

DraftKings step two registration form TN

Step 3: Verify Your Email

Then, you will be sent a confirmation request by the DraftKings team to prove you say who you are. Click on the link and follow the instructions to verify your email.

Step 4: Make Your First Deposit

Go to the banking page on the site and select your preferred banking method. Enter the amount you wish to add and fill out the details as well as claim any necessary bonus. Your deposit will be processed within a few minutes.

DraftKings TN Cashier

Step 5: Start Betting!

At DraftKings, you can bet on sport and casino games. Anyway, head over to your preferred markets and enjoy the full DraftKings experience.

DraftKings NFL lines Tennessee

Previous Sports Betting Bills in Tennessee

It didn’t take too long for Tennessee sports betting to materialize. However, there was only real one major stumbling block and we have highlighted this bill and one other measure.

2019

  • SB16 – This became defacto law when Governor Lee chose not to sign the bill.
  • HB1 – An amendment was made to SB 16 which laid out that no retail sports betting was allowed in The Volunteer State.

Tax on Sports Betting Winnings in Tennessee

There are clear rules governing taxes and Tennessee sports betting. Normally, the lottery will withhold 25% of all winnings accrued from gambling, but that’s if you provide a Social Security Number.

Failure to show your SSN could see you forfeit 28% of your winnings for tax purposes. Nevertheless, there is no state income earned tax, so it depends on how you use your winnings as money gained from the lottery or sports is not viewed as taxable income.

Payment Methods Available at Tennessee Betting Sites

The range of payment methods for Tennessee sports betting has seen a marked improvement in the past few years. The most reputable sites will makes the process much simpler for players to deposit and withdraw funds. Ultimately, the correct payment method will depend on your choice, but let’s assess the main categories.

Crypto Betting Options

Cryptocurrencies have been on the rise. However, they haven’t made their way yet to legal Tennessee sports betting sites just yet. You won’t find Bitcoin, Ethereum, Litecoin, or other similar cryptos in the cashier at the top sites.

E-Wallet Betting Options

E-wallets are some of the most popular payment methods available in TN. Most online sportsbooks will accept PayPal, Apple Pay, Skrill, and other options. These allow for instant deposits and fast withdrawals without any fees. The downside is that players will have to set up eWallets and fund them through other methods.

BetMGM ewallet payments TN

Traditional Payment Options

This category is still the most trusted method for more conventional bettors. Users can deposit at Tennessee sports betting sites through debit cards, credit cards, bank transfers, or PayNearMe. You can also request a check my mail when withdrawing your winnings.

Bonuses Available at Tennessee Sports Betting Sites

The finest Tennessee sports betting sites that will be worth gravitating towards will be brimming with bonuses. These offers come in all shapes and sizes, and they will kickstart your betting experience, so let’s look at the most common offers in more detail.

Match Deposit Bonuses

Match deposit bonuses will be awarded depending on how much you deposit into your account. It is a staple of most sites, and they can range from 10% to 100% depending on the platform and the bonus offer. At DraftKings, for example, new players will receive a 20% match deposit bonus worth up to $1,000, so if you deposit $200, you will a $40 bonus for free.

DraftKings welcome bonus TN

No Deposit Bonuses

A No Deposit Bonus will reward players simply for signing up. At Tennessee sports betting sites, players will be handed free credits to place wagers. These are essentially risk free, and it is a nice sweetener to lure new players to a site.

With BetMGM, players can pick up loyalty points when betting with real money, and they can use these points for things, such as hotel upgrades and free bets.

Free Bets

Free bets are essentially extra credits that you can use instead of the stake on the site. Most of the top Tennessee sports betting sites offer free bets from their promotions. However, be aware that these wagering requirements may be steeper – usually 30x or 40x. so, if you bet $400 on an event that carries a 30x wagering requirement, then you will have to bet $1200 before you collect any winnings.

Popular Sports to Bet on in Tennessee

At most Tennessee online sports betting sites, there will be a raft of options for players, and Tennessee is the home of NFL outfit the Tennessee Titans. Let’s look at these sports markets in more detail.

NFL Betting

NFL betting is huge, so you can find tons of pre-match and futures odds at our sites listed. The NFL futures odds will also extend to the highly anticipated NFL draft, and DraftKings is held in high regard.

NBA Betting

Sports betting in Tennessee and the NBA go hand in hand. You will find plenty of lines during the regular season as well as the playoffs, and the Memphis Grizzlies have a big following. BetMGM is a good option for betting on the NBA.

MLB Betting

Major League Baseball is available at all our recommended sportsbooks, and all roads lead to the World Series. So, futures are the order of the day, and you can find some great player props too.

NHL Betting

NHL betting also chimes well with Tennessee online sports betting sites. All our sportsbooks will have advanced futures, and some may be more extensive with their coverage of international hockey leagues.

BetMGM NHL odds TN

College Football Betting

College football is hugely popular in Tennessee, and while some states don’t have live betting, this isn’t the case in TN. Indeed, you will find plenty of pre-game and futures at our top-rated sportsbooks.

College Basketball Betting

The Volunteer State has a strong college basketball program, and from a betting perspective, things come alive during March Madness. FanDuel will help you navigate this tournament with some good value pre-match lines. Here are some of the NCAA Division I teams that are based in Tennessee:

  • Austin Peay State University
  • Belmont University
  • East Tennessee State University

Golf Betting

Golf is a season-long sport packed with Majors and many other PGA Tour events. BetMGM is well versed when it comes to covering golf, as you can get outright lines on finishing positions as well as other props, such as whether a player will get a hole-in-one or will finish round one or round two as the leader.

BetMGM golf odds TN

Horse Racing Betting

Many sportsbooks will offer lines for the biggest thoroughbred races throughout the state. FanDuel has a comprehensive racebook, so you will be able to locate the most prestigious meets there

DFS Betting

Daily Fantasy Sports betting has come a long way over the past few years, and more operators have entered the Tennessee sports betting scene. As such, you can play against your friends at sites, such as DraftKings and Fan Duel that will be brimming with DFS lines for NBA and the NFL.

Live Betting with Tennessee Sports Betting Sites

Live betting has become a focal point for many reputable state approved sportsbooks. In Tennessee, BetMGM ranks well in this regard as you can discover live bet promotions, but you will also be able to place wagers in-play, and cash out in full.

Bets that are Illegal in Tennessee

Compared to many other sites, Tennessee has quite a liberal attitude towards online sports betting. So, whether you wish to bet online or on mobile, then you won’t have much trouble at our recommended sportsbooks.

However, in-person betting and betting online casino slots and table games is frowned upon.

How Tennessee Sports Betting Compares to its Neighboring States

Tennessee sports betting is in a privileged position compared to other neighboring states. For example, sports betting is yet to materialize in Kentucky, and it is still unclear when sports betting will be introduced to the state. 

Similarly, Georgia sportsbooks are yet to be given the green light by state legislators. However, after trying to table numerous bills, it is hoped Georgia could launch sports betting in 2023.

The Best Sports Betting Site for Tennessee

While Tennessee sports betting is restricted to being an online and mobile operation, the potential for growth is extraordinary, and the top sportsbooks in the state are very versatile and swarming with sports markets.

However, we have deemed DraftKings to be the best, and it does well across several areas. Aside from being an excellent live betting platform, DraftKings has tons of sports markets, and it is one of the finest DFS operators in the industry. Oh, and with a solid welcome offer, you should see what all the fuss is about by signing up today.