Tennessee sports betting
Tennessee bettors could rejoice in July 2019 when Tennessee’s sports betting law the Tennessee Sports Gaming Act went into effect despite Governor Bill Lee not signing it. Tennessee is a bit of an anomaly in the sports wagering world as they’re the only state that doesn’t allow retail sports betting and online sports betting is your only option.
Tennessee sports betting history is a short one and Tennessee isn’t a gambling-friendly state with no casinos in operation and no current plans for any to be built, but that hardly matters to sports bettors who can utilize the online sportsbooks to bet on the teams and sports they want to to do some sports wagering.
In this Guide
Tennessee sports betting has another interesting and controversial rule for its online sportsbooks in the 10 percent hold. The hold is the difference in how much money the online sportsbooks take in, called the handle, and how much they payout. Sportsbooks keep a percentage for every dollar bet on sports which is the hold.
Most sportsbooks in other states hold way less than 10 percent. The national average for sportsbooks is a 7 percent hold while in Nevada it’s even lower. Tennessee sportsbooks had to have a 10 percent hold in order for the state to have legalized sports betting as a way to increase the tax revenue the state brought in.
Because the books are required to have a hold higher than the national average it’s reasonable to think that the Tennessee sports betting market is going to have lines that aren’t beneficial or fair for sports betting in Tennessee.
The Best Tennessee Online Sports Betting Apps
1. DraftKings Sportsbook
Better odds than most sportsbooks
DraftKings was one of the first operators to go live when the Tennessee sports betting law went into effect and it quickly became one of the biggest operators in the state which isn’t surprising given its place in the sports betting industry as one of the giants alongside FanDuel.
Draftkings sportsbook has a great promo offer for new users right now. Sign up for a Draftkings sportsbook account and get a 20 percent deposit match bonus up to $1,000. All you have to do is deposit a minimum of $5 for a first deposit on the the online sportsbook or Draftkings mobile betting app. It’s that easy.
Once you deposit you’ll get site credit that is basically free wagers for you to use on DraftKings Sportsbook however you see fit to use them. The amount you bet will determine how much credit you will get.
To receive the maximum bonus, you’ll need to deposit $5,000 and wager $25,000 over the course of 90 days. To receive the minimum, you’ll need a first deposit of $5 and wager $25 to receive a $1 bonus credit. It’s essentially free money for sports fans.
2. FanDuel Sportsbook
Great promos & odds boosts
FanDuel was right there alongside their chief competitor DraftKings when legal sports betting came to the state of Tennessee as one of the first online sportsbooks to launch sports betting in the Volunteer State. FanDuel has one of the best online sportsbooks anywhere and in Tennessee that’s no different. While they aren’t the official sports betting partner of the Memphis Grizzlies, they have what they call a strategic partnership with the Memphis Grizzlies so that is a benefit for them in the Tennessee sports betting market.
New players can grab this FanDuel no-sweat first bet promo by signing up for sports betting and making a qualifying deposit. These new users will get back up to $1,000 in free bets if their first wager loses. That means bettors can place a first bet with no need to sweat out that wager. If it loses, players will receive this refund in free wagers for a second chance. This $1,000 risk free bet offer is tough to bet for anyone in the Tennessee market.
3. Caesars Sportsbook Tennessee
Generous welcome bonus
Caesars Sportsbook was a little bit behind its competitors in the Tennesse sports betting market in getting its mobile sports betting license. The legendary brand started online sports betting for Tennessee bettors in March 2021 as William Hill but rebranded and replaced the William Hill app with a new and improved Caesars Sportsbook app in August 2021 about a year after the state decided to legalize sports betting.
Register for a new Caesars Sportsbook sports betting account using and and they will give you up to a $1,500 on the house. That’s obviously a better offer than the $1,000 bet some of their competitors in the sports wagering market are offering which makes Caesars a great sports betting site for new users. The Caesars Sportsbook bet offer must be placed at odds no greater than -200.
The bet on Caesars must settle to earn the bet offer. Participants will have 30 days to use their bet on the house before the Caesars Sportsbook bonus Tennessee offer expires. The bonus funds come with just a 1x rollover requirement attached, meaning you need to wager the bonus amount 1x before you can withdraw it. A $1,500 bet on Caesars should be appealing to anyone new to TN sports betting so sign up at Caesars Sportsbook and start playing today!
Tennessee types of bets
this is simply betting on the team you think is going to win the game. If you want to bet the favored team in a college basketball game you likely aren’t going to be able to make a lot of money on that bet as your odds get worse the more likely the sportsbook thinks the team is going to win the game. However, if you think the underdog is going to win the game you can make some good money there, but underdogs are usually underdogs for a reason!
The spread is how many points, goals or runs a team is going to win by. If a team in a college basketball game is favored by 4.5 points and win by 5, you win the bet. If they win by less than 5 or lose the game, then your bet loses. This is the best way to get a good price on the favorite in a game, but it obviously comes with more risk.
You can bet on full game spreads or incremental ones. In the basketball, football and hockey you can bet the spread on quarters, halves or periods (in hockey).
For the more popular leagues you can also bet what are called “alt spreads”. If the sportsbook thinks the Warriors should be favored by 4.5 points in the NBA Finals, they’ll also offer you a chance to bet on the Warriors to win by more than 5.5, 6.5, 7.5 and so on. Your potential payout will be larger, but so will the risk of losing the bet.
The over/under will also be called the “total” and it’s simply betting on how many points, runs or goals are going to be scored in a game. So if you want to add the Diamondbacks-Dodgers game to your bet slip, you can bet on how many runs the teams are going to combined to score and you can also bet on how many runs each team is going to score by themselves. That bet is called a team total. Like spreads, the bigger the game is you can bet on alt totals as well.
You can also bet on incremental totals. Like spreads it’s broken down by halves, quarters and periods. For baseball, the most common incremental spread is called the first five when you’re betting on how many runs will be scored in the first five innings of a game.
If you want to really expand your horizons when it comes to betting, you can go past the spread and totals and head right for the prop bets. A prop is simply whether or not a certain thing is going to happen in a game. Ja Morant’s point total or assist are types of prop bets. Derrick Henry‘s rush yards or rushing touchdowns are other examples of prop bets.
There are player props, team props and game props and the possibilities are endless.
A Future bet is betting on things like who is going to win the Super Bowl or who is going to win AL MVP. These are bets that typically take a while to settle so it may not be a lot of fun to tie up money on something that could take months to win or lose, but there are usually long odds available on good options depending on what you’re looking to bet on so the possibilities and hopes are tantalizing to think about. Given that these can have high payouts it’s a good thing to use that deposit bonus on.
Parlays are fun, but can also be quite controversial in the betting space. A parlay is combining multiple bets into one bet where if even one leg of the bet loses, you lose your entire stake.
It can be fun to pick a parlay on multiple games so that you can have various rooting interests, but they’re obviously extremely risky to bet on and the odds aren’t always necessarily fair based on what the individual legs add up.
BetMGM Sportsbook offers a variety of parlay options right on their homepage and BetMGM app every day which makes it easy for you to bet on them if you so choose.
You have a lot of options for sports betting on DraftKings Sportsbook so make that first deposit and start betting today!
Another way to bet on a sports betting app that may appeal to for anyone betting on sports in Tennessee is live betting. The legal sports betting apps will allow you to bet on events in progress. Odds will shift, and sometimes dramatically, which makes live betting one of the most fun ways to bet on sports that are legal in Tennessee.
Betting on Tennessee Sports teams
Betting on Tennessee sports teams has been popular for decades. However, it wasn’t until recently that the state’s residents had a legal way to bet on their favorite teams. The Tennessee Legislature passed a law in 2019 that allowed sports betting in the state. The law was signed by Gov. Bill Lee and went into effect in November 2020. Sports betting is now available at three casinos in Tennessee: Nashville, Memphis, and Tunica. Betting is also available online through the Tennessee Education Lottery. The Tennessee Titans and the Memphis Grizzlies are two of the most popular teams to bet on in the state.
Betting on Tennessee College Teams
College sports are extremely popular in Tennessee and even though a lot of different sports are important, college football is king. There are a few teams in Tennessee whose games you can bet with ease in football, basketball and baseball.
- Tennessee Volunteers
- Vanderbilt Commodores
- Memphis Tigers
- Middle Tennessee Blue Raiders
There are smaller colleges who either don’t have football programs or betting on their college football games can be tough However, once we get to basketball season their college games are fairly easy to bet on, these colleges are;
- Chattanooga Mocs
- ETSU Buccaneers
- Lipscomb Bisons
- Tennessee Martin Skyhawks
- Tennessee State Tigers
- Tennessee Tech Golden Eagles
- Austin Peay Governors
- Belmont Bruins
With such a large number of collegiate sports teams in Tennessee it will be easy to bet on sports for anyone who wants to bet on the college game.
The NFL came to Tennessee in the late 90s when the Houston Oilers moved to Nashville and became the Tennessee Titans. Having a local NFL team available for sports wagering is a huge benefit to the sports betting industry in the state of Tennessee. Sports betting in Tennessee is really going to thrive with the Tennessee Titans around.
Professional hockey came to Tennessee in 1998 when the expansion Nashville Predators began playing and they’ve become a bit of a local phenomenon in recent years. With so many hockey offerings available the Predators will be a popular team for online sports betting in the state of Tennessee.
Popular sports to bet on in Tennessee
Legal online sports betting is going to thrive because sports in Tennessee are extremely popular. If you’re compiling a list of sports in Tennessee that are popular, you have to start with football. College football is particularly popular, but the NFL is responsible for so much of the volume of bets in online sports betting, retail betting and at any offshore sportsbook, Tennessee will be no different.
What to expect at legal sportsbooks in Tennessee?
Regulated sports betting is a good thing for consumers. Dealing with an offshore sports book or more nefarious people in the gambling world come with all sorts of problems.
Yes, DraftKings was one of the first of Tennessee’s sports betting operators to start up once the sports betting bill went into effect and the state made sports betting legal.
The other sports betting options in the state of Tennessee are FanDuel Sportsbook where you can get a $1,000 risk free bet and Caesars Sportsbook where you can get a $1,500 risk free bet.