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Tennessee Sports Betting Guide – Best TN Sportsbooks Reviewed

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Tennessee sports betting has been around for a couple of years now. However, unlike most US states, it is restricted to online sports betting only. Are you interested in learning more about Tennessee online sports betting and sports betting in the state in general?

In this comprehensive guide, we will provide all the answers you need. We will review the 5 best sportsbooks for online sports betting in Tennessee, as well as give you a step-by-step guide of how to sign up to the best sports betting Tennessee site.

10 Bookmakers that match your criteria...
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100% deposit match up to $500

  • Biggest Range of Sports
  • Top Horse Racing Sportsbook
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The 100% sports betting bonus is capped at $500. You must enter the promo code XB100 to claim. Your minimum deposit must equal or exceed $45. The promotion comes with a rollover of 7x.

50% match deposit bonus worth up to $1,000

  • Huge Range of Sports Markets
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This offer is subject to a 30-day time limit. Odds of at least 2:1 apply. This offer is limited to one bonus per new customer and first time deposit.

100% deposit match up to $1,000

  • HD Quality Live Streaming
  • Accepts Major Cryptocurrencies
  • Top Parlay Builder
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Use code BVD1000 with your first deposit. Wagering requirement: 5x for sports and horses, 30x for casino. Deposit using credit card or Bitcoin. Withdrawing before requirements are met forfeits bonus money and any winnings from the bonus money. Casino games are excluded.

100% deposit match welcome bonus of up to $1,000

  • Top Contests & Promotions
  • Supports parlays, teasers and if bets
  • $1,000 Welcome Bonus
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No time limits apply. Minimum deposit of $50 to claim your bonus. You must bet on wagers with odds of 2.5:1 or more.

Up to $2,500 with a 125% deposit match (100% sports bonus and 25% casino bonus)

  • Biggest Bonus Offering
  • Parlay Builder For Complex Bets
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Minimum deposit of $100 is required to claim the welcome bonus. Use BetUS promo code 'JOIN125' to claim. You must bet on odds of 2.8:1 or higher. The offer is subject to a 14-day time limit. Max cash out limits apply.

Up To $150 Sign Up Bonus

  • Top Quality Mobile Betting App
  • High Limit Sportsbook
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100% Up to $50 bonus. Receive up to $50 on each on your first 3 deposits within 100 days of sign up. Bonus code must be entered immediately after you deposit and before you place any wager. Offer subject to rollover requirements of 8x at minimum odds of 1.5. Maximum of $50 of each bet counts towards wager requirements. Cannot be used on horse racing.

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  • Top All-In-One Gambling Site
  • Many Betting Options & Promotions
  • All US Customers Accepted
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50% deposit up to $1,000. You must enter sportsbetting.ag promo code SB1000 to claim the bonus. You must deposit at least $55 to claim. Wager requirement: the bonus comes with a 10x turnover. Deposits using Neteller and Skrill are not valid for this promotion. Validity period: 30 days. The offer is valid for the site’s sportsbook ONLY. This bonus is for new customers/first-time depositors in Canada and USA

100% welcome bonus up to $500

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Minimum deposit applied of $20. Maximum bonus is capped at $500. Wager requirements: 15x rollover.

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  • Reputable Sportsbook
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  • No Maximum Deposit
  • Various Promos & Daily Rebates
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Max free play amount is capped at $1000. Minimum deposit to qualify is $100. Deposit must be made using cryptocurrency to claim. Offer can be used once only. Rollover is 10x. Redeemable only on the sportsbook.

The Best Tennessee Sports Betting Sites List 2022

Online sports betting in Tennessee was written into law over two years ago. The state is now full of sportsbooks, all vying for the attention of Tennessee residents. Let’s see who made it into our list of the top 10 Tennessee sports betting sites:

  • XBet – Best overall Tennessee sports betting site for 2022
  • BetOnline – Most user-friendly site for online sports betting in Tennessee
  • Bovada – Superb Tennessee sports betting app
  • MyBookie – One of the most renowned sports betting sites Tennessee for placing futures wagers
  • BetUS – Extremely lucrative sports betting in Tennessee site for promotions and rewards for new players
  • Intertops – Good site for a diverse range of payment methods
  • Sportsbetting.ag – Great bookmaker for soccer coverage
  • BetNow – Renowned sportsbook for placing NFL and NBA wagers
  • GT Bets – Top betting site when it comes to processing payouts quickly
  • BUSR – Reputable bookmaker for horse racing

Is Sports Betting Legal in Tennessee?

So, is online sports betting legal in Tennessee? In short, yes. Tennessee legalized sports betting in April 2019, and this came after the fall of PASPA. Tennessee became one of the few states to make sports betting an online- only operation, and residents will have a wide array of sports betting apps to choose from. The Tennessee lottery sports betting is responsible for overseeing and monitoring all sports betting related activity in the state.

When it comes to online sports betting Tennessee, bettors can place wagers on all types of sports from football and college basketball to other sports, such as UFC, motorsport, and boxing. The types of bets you can make include but are not limited to: point spread, moneyline, prop bets, futures, and parlay.

Later on, we will show you how Tennessee legal sports betting was realized.

Online Sportsbooks

Tennessee sports betting has made an impact over the past couple of years. There are plenty of fabulous online sports betting sites to play at, which we have outlined in this guide. To coincide with the Tennessee sports betting launch, four sportsbooks were rolled out, and now a few more have been added, as you can see below:

  • DraftKings Sportsbook Tennessee
  • BetMGM Sports betting Tennessee
  • FanDuel Sportsbook Tennessee
  • Action 247 Sportsbook Tennessee
  • Caesars Sportsbook Sportsbook Tennessee
  • TwinSpires Sportsbook Tennessee
  • Barstool Sportsbook Tennessee
  • WynnBet Sportsbook Tennessee

Supposedly, in the first few weeks of operations, the sportsbooks reported a total handle of $27.4 million. Tennessee is still waiting on the likes of BetAmerica and William Hill to launch. Of course, any Tennessee sports betting update will be reflected, so keep checking this page frequently.

As mentioned, Tennessee sports betting regulations are quite tight. Nevertheless, the offshore sites we have encountered, are held in high esteem for Tennessee mobile sports betting. They are also licensed and regulated, so you will be in safe hands when you play at them. With online sportsbooks in TN, you will be able to access the Tennessee sports betting apps from your desktop or mobile device. As sports betting in Tennessee is restricted to state lines, this prevents bettors from having spoof locations through the use of a VPN.

Land-based Betting in Tennessee

The Volunteer State has kept all betting operations solely online. In many ways, there is no state like Tennessee when it comes to sports betting. Legal sports betting Tennessee differs from a lot of other states, including Mississippi and Arkansas, where they have active legal sportsbooks, but neither state allows online sports betting statewide.

So, you will have to drive to a nearby state to bet in person or bet online using the recommended sportsbooks on this page.

Tennessee Horse Racing & Off Track Betting

When it comes to horse racing, Kentucky is the mecca. Although Tennessee is right next door, there are no live racing tracks in the state, and there are no options for off-track betting.

However, most quality online sportsbooks, including BetOnline, are renowned for great horse racing promotions, and they offer 7% rebates for existing customers. Some sites, such as TwinSpires and BetAmerica have advance deposit wagering (ADW) options.

Timeline of Tennessee Sports Betting Legislation

With sports betting in Tennessee getting official approval over two years ago, let’s chart some of the key moments that helped bring sports betting to the state:

  • September 2021 – The TEL approves sports betting operator licenses for Barstool Sportsbook and Wagr to carry out sports betting in Tennessee.
  • June 2021 – The Sports Wagering Advisory Council holds its first meeting as sports betting in Tennessee begins the transfer of regulatory power from the Tennessee Lottery.
  • September 2020 – The Tennessee Education Lottery announce they have conditionally approved three sportsbooks to launch in the state – DraftKings, FanDuel, and BetMGM.
  • November 2019 – Members of the Sports Betting Advisory Council are appointed, and new regulations are drawn up.
  • April 2019 – The Tennessee sports betting bill passes and clear restrictions are put in place with regards to sports betting in Tennessee.
  • 2016 – Tennessee passed the Fantasy Sports Act to license and regulate the industry.
  • 2015 – The Racing Control Act is repealed.
  • 2002 – Residents approve a Tennessee Lottery through voting.

Offshore Betting

To bet in Tennessee, you need to be a resident to place wagers in the state. You have to bet at least 21 years old, and within state lines to be eligible.

While the TEL now regulate sports betting, you will be free to bet on any of the offshore sports betting sites we have mentioned in this guide.

Tennessee Daily Fantasy Sports

Daily Fantasy Sports has been legal to play in Tennessee since 2017. However, operators will only allow bettors who are aged 18 or above to take part in DFS contests. Anyone caught entering these sites before that age, risks being prosecuted.

Some of the best DFS betting apps that are available for residents in Tennessee, include DraftKings and FanDuel.

Tennessee Casino Laws

As things stand, casino gambling is not legal in any form in Tennessee. Residents will have to cross state lines should they wish to play games for real money. An online alternative is social casinos. Here, players are provided virtual coins for signing up, and they can win prizes through sweepstakes-style games.

As of yet, there is no projected timeline for when legislation will be brought in to give casino online gambling in Tennessee the green light. In much the same way as we will update you with all the latest Tennessee sports betting news, we will update this page to reflect any changes to casino gambling laws.

Online Casinos

As mentioned, Tennessee doesn’t permit casino gambling online. Nevertheless, should online casinos launch, there will be a variety of games that will be unveiled, including slots, poker, and roulette.

In the meantime, you will have to bet at one of the trusted offshore online casinos. Here, you will be able to place wagers as and when you wish. The sites we have listed in this guide will serve up some great promotions, and they will be great for mobile betting too.

Land Based Casinos

As of the moment, there are no land-based casinos in Tennessee. Also, there are no federally-recognized Native American tribes in the Volunteer States, and so that there are no tribal casinos in Tennessee. It also seems unlikely this will change anytime soon.

However, there are some neighboring states, such as Mississippi, where you can visit a land-based casinos. Among the places you can visit include:

  • Harrah’s
  • Hollywood
  • Sam’s Town

Tennessee Gambling Tax

When it comes to sports betting online Tennessee, the state takes a different approach to taxing players. Typically, sportsbooks and the Tennessee lottery will withhold 25% of your winnings for tax purposes. But that’s only if you provide a Social Security number. However, failure to provide an SSN could see 28% of your winnings withheld for tax purposes.

But in the case of Tennessee, there is no state earned income tax. Ultimately, it depends on how you use your winnings. The state doesn’t consider your lottery and sports winnings to be taxable income. However, if you use the money to produce certain kinds of dividends, then the state may tax those dividends.

Best Tennessee Sports Betting Sites Reviewed

We’ve now reached the point in this guide where we need to examine the top 5 Tennessee sports betting sites, and explain what makes them so special:

1. XBet – Best overall Tennessee sports betting site for 2022

XBet review

We have determined XBet to be the best sports betting in Tennessee site for 2022. It is also one of the most versatile sites we have encountered. On this platform, you will be able to wager on a wide range of sports leagues. So, you can bet on who will be crowned World Series champions in the MLB, or who will win the NFC division in the NFL.

Although they are relatively new on the scene, there is a big emphasis on in-play betting at XBet. This allows you to bet as the action unfolds. Normally, you will find there are more than a dozen prop bets per game, and there is a decent range of eSports markets, particularly with CS:GO.

This sports betting app Tennessee has a dedicated section for horse racing, which includes both pre-race, and in-play horse racing bets. You can bet on international races, and existing customers are usually rewarded with rebates of up to 7%.

While the welcome bonus is smaller compared to other sites, it shouldn’t be ignored. Here, you can claim a 100% deposit match bonus, of up to $500, and there is a 7X playthrough requirement. To claim the bonus, enter the XBet promo code XB100, to bet on anything with odds of -200 or greater.

XBet Pros:

  • 7% rebates on horse racing
  • Excellent site for beginners
  • Great for futures betting
  • Quick cryptocurrency payouts

XBet Cons:

  • Smaller bonus compared to other recommended sportsbooks

2. BetOnline – Most user-friendly site for online sports betting in Tennessee

BetOnline sports lobby

BetOnline has earned a reputation for being one of the finest offshore sportsbooks, and that is partly down to the 20+ years of experience it has in the industry. Futures betting is all the rage here, and you will see advertised specific player futures for NBA betting. For example, you can wager on who will be named as the regular season MVP. There are over 20 sports markets to bet on, including swimming, rugby, badminton, and much more.

On the banking side of things, BetOnline supports the most popular payment methods, such as credit and debit cards, checks, wire transfers, and money orders. You can also deposit and withdraw using the best cryptocurrencies, including Bitcoin, Ethereum and Litecoin.

If you are looking for a handy sports betting app in Tennessee, then BetOnline fulfils its purpose. The native app supports iOS and Android devices, and apart from the sportsbook arm of the operation, the site has a large selection of casino games to choose from.

BetOnline’s welcome offer provides players with a 50% deposit match bonus worth up to $1,000. It comes with a 30-day limit, a 10X wagering requirement, and you must bet on odds of -200 or greater. To claim this offer, make sure you enter the BetOnline promo code BOL1000 at the cashier.

BetOnline Pros:

  • One of the best betting apps around
  • User-friendly platform
  • Good banking options for deposits and withdrawals
  • Great market variety

BetOnline Cons:

  • Slightly outdated website design

3. Bovada – Superb Tennessee sports betting app

Bovada lobby live betting

Bovada comes in at third in our list of the best sports betting in Tennessee bookmakers. It is perhaps one of the best around when it comes to live betting, as the odds are generally very competitive. Not only that, but it is a great offshore betting site for streaming matches in HD quality.

Over the past decade, Bovada has continued to attract more bettors to their site, and it is hardly surprising. The sportsbook has a vast range of markets, where you can find mainstream sports, as well as more niche options, including futsal and volleyball. Parlay builders are central to the Bovada betting experience too.

Bovada sees itself as being one of the best bitcoin betting sites. Players are offered a 100% deposit match welcome bonus of up to $750. The offer carries minimum odds of -200, and there is a 5X rollover attached. Remember, you can only use cryptocurrencies to claim the bonus. To activate the offer, enter the Bovada promo code BTCSWB750 at the cashier.

Bovada Pros:

  • Live streaming available
  • Great for parlay builders
  • Solid promotion for cryptocurrency users
  • Supports over 20 sports markets

Bovada Cons:

  • No teasers or if-bets available

4. MyBookie – One of the most renowned sports betting sites Tennessee for placing futures wagers

MyBookie NFL futures odds

MyBookie is also another excellent pick for Tennessee sports betting. One of the things that stands out, is that you can place futures bets on say who will win the Super Bowl, and futures betting is also available on eSports fixtures. Aside from futures betting, you can also place Moneyline style bets at MyBookie.

Online sports betting is hassle-free at MyBookie, and that is down to the intuitive betting platform, which allows you to compile teasers. There is also the option to edit wagers on your betting slip. We also found that MyBookie’s odds are rather comparable to other sites offering sports betting online Tennessee options.

And we should also not overlook the welcome bonus. The opening offer is worthwhile, as it comprises a 100% deposit match of up to $1,000. It comes with a 10X wagering requirement, and the minimum odds are -250. To claim this, insert the MyBookie promo code INSIDERS at the cashier.

MyBookie Pros:

  • Superb cryptocurrency bonus
  • Favorable but competitive odds
  • Teaser bets
  • Can stream matches in HD quality

MyBookie Cons:

  • Best promotions require Bitcoin deposits

5. BetUS – Extremely lucrative sports betting in Tennessee site for promotions and rewards

BetUS welcome promotion

BetUS was a natural inclusion on this list of sports betting in Tennessee sites. Rounding off the top 5, BetUS carries markets for most major sports, including NBA, NFL, and MLB. BetUS also runs weekly competitions with cash prizes that reward top bettors.

BetUS is also held in high regard for being a top horse racing betting site. With this sportsbook, you will have no trouble in being able to wager on thousands of thoroughbred, harness, and fixed-odds races.

And when it comes to promotions, BetUS delivers. There are plenty of offers to suit players of all budgets and sizes. The centerpiece, however, is undoubtedly the 200% matched deposit bonus for crypto users, with 150% of the bonus counting towards sports, with the other 50% allocated for the casino. There is also a 125% deposit match bonus, worth up to $2,500, and you just need to enter the BetUS promo code JOIN125 when prompted.

BetUS Pros:

  • Great live betting options
  • Good horse racing betting site
  • Extensive US sports markets
  • One of the most generous welcome bonuses available to Tennessee sports bettors

BetUS Cons:

  • Only have 14 days to use the welcome bonus

Tennessee Betting Sites Comparison

It’s now time to have a closer look at the bonuses and available markets for the top 5 recommended sportsbooks mentioned above. This has been highlighted in a table: 

Sportsbook Bonus Promo code Available Markets Live Streaming (Y/N) Payment methods
XBet 100% matched deposit up to $500 XB100 Basketball, tennis, golf, NHL, soccer, and more No Bitcoin, Bitcoin Cash, Litecoin, Credit card, debit card

 

BetOnline 100% bonus up to $1,000 BOL1000 Aussie Rules, badminton, boxing, field hockey, snooker, and much more No Credit card, debit card, wire transfer, money order, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple
Bovada 100% Bitcoin deposit match up to $1,000 BVD1000 Aussie Rules, badminton, baseball, football, golf, and more Yes Credit card, debit card, MatchPay, Zelle, Bitcoin, Bitcoin Cash, Litecoin

 

MyBookie 100% deposit match up to $1,000 INSIDERS Baksetball, boxing, eSports, horse racing, soccer, and more Yes Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Ripple, Ethereum

 

 

BetUS 125% deposit match up to $2,500 JOIN125 Basketball, baseball, ice hockey, football, motorsport, and more No Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Credit card, debit card

 

How to Bet on Sports in Tennessee

Let’s now walk you through the process of how to place wagers at the top recommended Tennessee sports betting site on this page – XBet.

Step 1: Set up an XBet Account

Firstly, click here to visit XBet. Then, press “Join Now” to bring up the registration form. You will then be asked to enter your email, password, first name, and mobile phone number. Also, make sure you come up with a memorable password.

XBet sportsbook sign up part one 1

Step 2: Fund Your Account

Once you have logged into your account, click “Deposit Now”. You will then see a list of banking options. Make sure you can deposit using your preferred payment method.

XBet deposit options sportsbook 1

Step 3: Start Betting

Now, the fun begins. Simply browse the markets, see what’s on offer, and then start betting!

XBet NFL lobby

Conclusion

Tennessee has an interesting relationship with sports betting, and although it remains an online-only operation for now, that shouldn’t put off bettors. There are plenty of choices for residents, and over time, the online scene will continue to grow.

We hope that you have found the lowdown on betting in Tennessee to be useful. If you have, then why don’t you try out the best site we have recommended – XBet. Sign up to XBet today, and claim your $500 welcome bonus.

FAQs

🏆 What is the best bookmaker in 2022?
  1. BetOnline 🥇 (5 / 10 Points)
  2. MyBookie 🥈 (5 / 10 Points)
  3. Bovada 🥉 (4.5 / 10 Points)
  4. BetUS (4.5 / 10 Points)
  5. XBet (4.5 / 10 Points)
  6. Everygame (4.5 / 10 Points)
  7. Sportsbetting.ag (4 / 10 Points)
  8. BetNow (4 / 10 Points)

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I am a highly self-motivated digital sports editor with a keen interest in football, golf and tennis.