Tennessee Sports Betting Sites – Best TN Online Sportsbooks 2024

Blake Roberts By Blake Roberts Founder & Editor in Chief at Betting.us Updated: April 2, 2024
Blake Roberts Blake Roberts Founder & Editor in Chief at Betting.us

Betting.us Editor-in-Chief Blake Roberts skillfully uses his background in statistics and sports knowledge base to create insightful betting guides. Blake was born in Morgantown, WV, and he has a community college degree in Statistics. His stamping grounds are the live betting platforms of West Virginia.

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Best Online Sportsbooks TN Bonuses and Promotions TN Sports Betting Apps Fastest Payout Sportsbooks Online Betting Laws in TN

The Best Tennessee Online Sportsbooks for 2024

There are several legal Tennessee online sports betting sites, so we evaluated them using criteria that in our experience determine the quality of a sportsbook. We value your safety, so we vet and check each operator's licensing status before we review its product. Here are the best TN online sportsbooks for 2024:

TN Online Sportsbooks Welcome Bonus Bonus Code Top Sports Site Rating Secure Link
Show Details Up to $1000 First Bet on Caesars IGAMING1000 Football Basketball Baseball 5.0 Bet Here! Valid only for new TN players over 21 years of age. Full T&Cs apply.
Show Details Up to $250 Bonus Not Needed MMA Tennis Boxing 4.8 Bet Here! Valid only for new TN players over 21 years of age. Full T&Cs apply.
Show Details Bet $5 & Get $158 In Bonus Bets Not Needed Basketball Football Boxing 4.7 Bet Here!
Valid only for new TN players over 21 years of age. Full T&Cs apply.

The Best Tennessee Sportsbooks by Category

🥇 #1 TN Online Sportsbook Caesars Sportsbook
🏈 #1 NFL Betting Site Caesars Sportsbook
⚾ #1 MLB Betting Site Superbook Sportsbook
🏒 #1 NHL Betting Site BetMGM

We broke down all the sports betting options for you by the category in which they performed best. While we show you the best Tennessee online sports betting sites in overall terms, we suggest narrowing down your search using your own personal criteria.

We recommend only using the TN sites that you'll have the best experience with. For example, it wouldn't make sense for an NHL bettor to use Tennessee online sportsbooks with many basketball promotions. Likewise, gamblers who enjoy the NFL should probably benefit from an enticing Tennessee sportsbook promo during the annual run-up to the Super Bowl.

It's worth pointing out that any reputable Tennessee online sports betting sites you use offer odds for all the most wagered on sports in TN. A given site might not have a diverse array of bets in one league, like the NFL, while still providing a wide range of betting markets for other teams like the Tennessee Titans or the Memphis Grizzlies.

We think it's important to consider non-betting-specific factors like which payment options you'll use. It can be stressful trying to set up payment accounts, so it's best to find operators offering one of the payment methods accepted by TN betting sites you already use.

Our Rating Criteria

To rank the best Tennessee online sports betting sites, we considered several factors such as live betting platform quality, fairness of bonuses offered, betting app quality, and transaction processing times. We make sure that the sites have a license with SWAC. No less importantly, we find out which sportsbook has the best toolset for enhancing your betting strategy.

Security & Licensing Live Betting Tennessee Betting Bonuses TN Sports Betting Apps Payments and Payout Times

Since we're most concerned with the safety of our readers, we emphasize security over other characteristics. However, what's important to you may be different. The good news is that most online sportsbooks offer a wide variety of benefits for their customers to reach as broad an audience as possible.

Security & Licensing

Licensing in Tennessee is the responsibility of SWAC. It publishes a list of licensed Tennessee sports betting sites that you can cross-check and make sure your chosen operator is on it. If you come across a betting site not listed there, it's best to avoid it.

If you're from out of state, there's no guarantee a betting provider licensed there is also licensed in Tennessee. Each state's market is regulated by its own authority. Therefore, we always recommend checking the license details in every state.

  • The Great Seal of the State of Tennessee
  • Tennessee Sports Wagering Advisory Council
  • Tennessee Department of Revenue
  • Tennessee Department of Mental Health & Substance Abuse Services

After you check an operator's licensing status, you should find out which cybersecurity company it uses. To check a website's security certificate, click on the padlock on the left-hand side of your browser's address bar. When the popup appears, click "View Certificates".

This shows you the company providing the website's encryption. The top Tennessee sports betting sites use big-name web security firms like DigiCert, Cloudflare, and Amazon for these services, so you know you're getting top-notch protection.

Live Betting Options

Live betting is quickly becoming the most popular way to place bets online. Fast data connections and real-time statistical feeds mean you can find excellent in-play wagering platforms at every Volunteer State sportsbook, including BetMGM Sportsbook in TN. Here are the most popular sports for live betting in Tennessee:

  • Football
  • Rugby
  • Basketball
  • Golf
  • Ice Hockey
  • Baseball
  • Soccer

The reason for its burgeoning popularity is that it provides you with the ultimate sports gambling experience. With live TN betting sites, you can wager on the game as it unfolds. Plus, it provides you with tactical staking opportunities you wouldn't otherwise have.

For instance, if you bet on the underdog pre-game and it jumps out to an early lead, you can wager on the pre-match favorite at higher odds to raise the likelihood of getting a profit regardless of the victor. However, this strategy is best left for advanced gamblers experienced with predicting game flows.

Best Tennessee Sports Betting Bonus Offers

Many sportsbooks in Tennessee offer bettors a reward for signing up to their platform. These welcome bonuses usually come as a deposit match or a risk-free bet. If you're looking into signing up to a betting service, it's certainly worth taking advantage of these online betting promo offers. Each of the Tennessee sports betting bonuses are set up to give bettors a head start to their wagering.

It's worth pointing out that these deals are only available for new customers depositing for the first time. If you've already deposited somewhere, you won't be eligible for a welcome promotion. This is the best online sports betting bonus in Tennessee according to our criteria:

Up to $1000 First Bet on Caesars $50 IGAMING1000 Claim Bonus! Valid only for new TN players over 21 years of age. Full T&Cs apply.

This deal is remarkable due to its extraordinarily fair terms and conditions. We read the fine print and this welcome package has the lowest playthrough and minimum odds requirements, longest expiration period, and the most value for money out of all the offers at Tennessee sports betting sites.

Another reason we chose this operator as our number one bonus offer is because of its high-quality ongoing promotions for existing members. Even after your initial deal runs out, you can still take advantage of exclusive offers like enhanced odds, free bets, and VIP rewards.

Of course, nothing in life is truly free, so it's worth reading the terms and conditions for each promotion you wish to claim. It usually requires some action from you like introducing Tennessee sports betting promo codes or a minimum wager. You can find everything required of you neatly laid out in the fine print.

Top Tennessee Sports Betting App

With how busy our lives are in modern times, you will likely find yourself in a situation where it's necessary to wager on the go. Luckily, the premium platforms develop state-of-the-art apps, ensuring it's incredibly simple to bet on a smartphone or tablet. We've identified the premium Tennessee sports betting apps in our analysis.

We look for hand-held betting solutions that have all the functionality you'd find on a desktop betting site or more. We expect mobile betting apps to load quickly, have an intuitive interface, and streamline the betting process. Here is our most recommended mobile Tennessee sports betting app:

TN Sports Betting Apps Betting Offer Compatibility Secure Link
Caesars Sportsbook - 5.0/5.0 Up to $1000 First Bet on Caesars and , iOS Compatible Bet Here! Valid only for new TN players over 21 years of age. Full T&Cs apply.

We rated this as the top Tennessee sports betting app because it makes gambling on a phone a breeze. Tennessee sports betting has never been easier. Managing an account is as quick and intuitive as it is on the desktop device, and it has all the features you need to get your wagers in from anywhere inside Volunteer State lines.

The Android app is available on the Google Play Store, and the Apple App Store. Otherwise, it's possible to download the app directly from the link provided in the table. Do this to claim the current best Tennessee sports betting sign up bonus. If you want to enjoy similar features, the Tennessee SuperBook app is also worth a try.

Available Payment Methods – Deposits and Withdrawals

The payment methods accepted by TN betting sites can play a key role in your overall wagering experience. The top TN betting sites have several options from which you can choose. Here are the most commonly accepted payment methods at Tennessee online sportsbooks:

It's important to keep in mind that some options like credit cards or prepaid cards are accepted for deposits only. This is because of the way they process payments. If you deposit using one of these options, you need to choose alternative payment methods that facilitate withdrawals to cash out.

TN Online Sportsbooks with Fast Payout Times

All legal and licensed Tennessee sports betting sites process payouts relatively quickly as part of SWAC compliance rules. But some providers surpass expectations and payout faster than others. Here is the best Tennessee online sportsbook in terms of payout times:

TN Betting Site Min. Deposit Payout Times Recommended Payment Method All Deposit Options Secure Link:
Caesars Sportsbook $20 1-5 Days 7 Bet here! Valid only for new TN players over 21 years of age. Full T&Cs apply.

This is the standard payout time listed by the betting provider. Your results may vary, especially if you have any pending bonuses on your account. Most Tennessee online sportsbooks require you to fully play through your deposit bonus before you can withdraw your funds.

Overall, the fastest payout times are achieved with debit and eWallet options like Visa or PayPal. Unfortunately, very large withdrawals are usually only processed via online banking, which takes longer. Though it should be noted that the TwinSpires Sportsbook Tennessee offers a great spread of options for banking with quick cash outs.

Sports Betting Laws in Tennessee

Tennessee sports betting laws have evolved slowly over the past few decades. Legal Tennessee sports betting sites came to fruition after support in the Tennessee legislature for HB1. Gov. Bill Lee didn't sign it, but it was a symbolic act as he knew it would pass anyway. This only legalized online betting; land-based sportsbooks are not allowed.

While the law passed in 2019, the first site didn't go live until November 2020. Under the bill, Tennessee sports betting sites can offer odds on anything sports-related, so things like Oscars betting are excluded. Legal Tennessee sports betting permits college sports wagering, however game props involving in-state teams and all player props are prohibited.

The Nashville skyline and a judge's gavel resting on top of a laptop computer.

There was no standing still when it came to changes to Tennessee's sports betting laws. HB1 legalized daily fantasy sports (DFS) in the Volunteer State in 2016. This is the only other form of sports gambling allowed in Tennessee at this point in time.

On top of sports betting and DFS, Tennesseeans can also partake in the state Lottery, horse racing betting, and off-track betting (OTB). OTB is done through interstate simulcast feeds at licensed satellite locations. Unfortunately, casino gambling is not allowed in any form under current laws. Neighboring states have been slow to legalize online sportsbooks, though online sports betting in North Carolina has recently launched.

Sports Betting Taxes in Tennessee

There has been a wave of legalized US sports betting locations and sites due to the boost the industry can give to tax revenues. The push for legalization in Tennessee was no different. Sports betting taxes in Tennessee provides a chance for the state government to significantly increase the funds in its coffers.

Tennessee is one of the best places for those who love to wager on sports because there's no personal income tax. Tennessee's sports betting tax rate is zero, meaning bettors get to keep all gambling winnings. Though it should be noted that the federal government will claim their fair share of the winnings.

So how does the state make money from online betting? Tennessee exclusively taxes sports betting operators at 20% of gross gaming revenue (GGR) and mandates a hold of 10% on GGR. In addition, Tennessee's sports betting license holders pay a fee of $750,000 per year. Compared to most areas with legal online sports betting in the US, this makes an operators' barrier to entry high.

This hasn't deterred many operators from entering the state, as there are already several to choose from. Any withdrawals you make throughout the year must be reported to you by your betting provider on IRS Form W2-G. You need this information to fill out your US income tax return. The IRS mandates automatic withholding on sports betting winnings that meet these three specific criteria:

  1. The winnings are $5,000 or more minus the wager.
  2. The payout is at least 300x the initial wager.
  3. You provided the operator with your Social Security number (SSN).

If you meet the above criteria and did not provide your SSN or Tax Identification Number (TIN), then the withholding rate jumps to 28%. Once you receive your W2-Gs with all of the above information, you report your earnings under special income on your Form 1040.

If all of this sounds confusing to you, you're not alone. You can read IRS Tax Topic 419 for a complete step-by-step guide to the process. We want to point out that the IRS recommends maintaining a log of all your wins and losses for auditing purposes.

Tennessee sports betting sites have all the popular sports, leagues, and teams to wager on. You can find markets for anything in the sports world, including the NFL, NBA, and college sports. You can also get odds on international sports like tennis, Formula 1, and soccer. Beyond the traditional sports, sportsbooks offer darts markets amongst other more niche sports.

Of course, the most popular leagues in Tennessee are the ones with the state's three professional sports franchises. That means football, hockey, and basketball bettors can find plenty of opportunities for enhanced odds and other Tennessee sportsbook promo opportunities. Here are the most wagered on leagues in Tennessee:

  • NFL
  • NBA
  • NHL
  • MLB
  • ATP
  • PGA
  • NCAAF

While Tennessee sports betting sites post game lines for college sports, you won't find any game props involving in-state teams or player props of any kind. Unfortunately, you might have to check out some West Virginia betting sites if that's what you're after.

There are several professional sports franchises in Tennessee, so it's no wonder why the games involving them are the most wagered on in the state. Here's a rundown of the most popular teams to bet on in Tennessee:

  • Tennessee Titans

    The Tennessee Titans, the state's NFL franchise, moved to Nashville from Houston in 1997 as the Oilers. The squad is the only NFL team to have two players rush for 2,000 yards in a season. Since the team relocated, it's made one Super Bowl appearance, losing to the Rams in 2000.

  • Nashville Predators

    While many might consider Nashville an unlikely city to host an NHL franchise, the Predators have one of the most raucous crowds in the league. Fans affectionately call the city "Smashville", an allusion to the team's physical style of play. The team's been moderately successful since its foundation.

  • Memphis Grizzlies

    Originally founded as an expansion team in Vancouver in 1995, the team moved to Memphis in 2001, making it the city's only professional sports franchise. It's the only NBA team in the state. The team hasn't had much success, but that could change shortly with Ja Morant and company.

  • Tennessee Volunteers

    The Tennessee Volunteers compete in 20 NCAA Division I sports in the legendary Southeastern Conference (SEC). The football team has 464 home wins – the most in the nation – largely thanks to Neyland Stadium's 102,000 large crowd. The Lady Vols basketball team have won a phenomenal eight NCAA Women's Basketball titles.

  • Memphis Tigers

    The University of Memphis Tigers field teams in 19 NCAA Division I sports. The Tigers men's basketball team made the Elite Eight three years in a row between 2006-2008 under coach John Calipari. Its women's basketball team is also competitive, as are the school's soccer and baseball teams.

  • Vanderbilt Commodores

    The Vanderbilt University Commodores are one of the few NCAA Division I schools with significantly more women's teams (10) than men's (6). Also a member of the SEC, the Commodores and Volunteers have a long-standing football rivalry dating to 1892.

  • Middle Tennessee Blue Raiders

    Located in Murfreesboro, TN, the Middle Tennessee State University Blue Raiders have NCAA Division I teams in 15 sports. While the basketball and football teams are growing in popularity, the baseball team is the most successful, with 16 conference titles to its name.

Daily Fantasy Sports

While not strictly sports betting, daily fantasy sports provide an interesting alternative to making predictions. Daily fantasy is inspired by fantasy sports, where you make hypothetical sports teams and follow them throughout an entire league. Daily fantasy sports take this concept, but reduces the time frame to individual matches.

Daily fantasy can be incredibly engaging, allowing you to show off your sports expertise. What's more, it is legal and available at many TN online betting sites. You can make daily fantasy teams on many American sports, including football, basketball, ice hockey, baseball, and many more. The sky's the limit with daily fantasy.

Online Sports Betting Markets in Tennessee

Compared to other states, sports betting in Tennessee is incredibly diversity in terms of the different types of wagering options. The types of bets available can play a crucial role in being a profitable bettor. The key is to evaluate the odds available and find value. This is done by comparing the probability the sportsbooks say an event has of occurring against your assessment.

There are plenty of markets at Tennessee sportsbooks providing bettors several opportunities to find areas where the operators may have mispriced the lines. Here are the most common types of wagers made at Tennessee sports betting apps:

These markets are available at all Tennessee sports betting sites. However, some are more suitable for experienced bettors than others. If you're a beginner, we suggest sticking to the first three that we listed above. They are the foundation for the remaining bet types.

If you are a more experienced gambler, then you can take advantage of the variety of markets as you see fit. However, we will say that in our experience, it's better to master a few bet types than going for the jack-of-all-trades approach.

Exclusive Sports Betting Deals in Tennessee

Some Tennessee sports betting sites enter exclusive sponsorship agreements with clubs in professional leagues. This pays dividends for all parties involved – the clubs earn sponsorship revenue, the betting sites gain brand awareness, and bettors like you and us can cash in on the benefits.

It's not uncommon for Tennessee sports betting sites to offer enhanced odds on games involving their partner clubs. Also, it's frequent to see bonus offers such as Tennessee Titans sports betting promo codes. It's also not unusual for betting sites to finance sweepstakes prizes on a team's mobile app. Here are some of the deals involving the best Tennessee sports betting sites:

  • BetMGM and Titans – BetMGM gets visibility on Titans' assets and in-game moments and sponsors a raffle benefitting The Titans Foundation.
  • Bally's and Predators – Bally's gets access to Predators' logos and marks and becomes the official free-to-play partner of the Predators' in-app game.

These deals provide you with a unique opportunity to win prizes for free. Plus, there's always a chance for special offers involving your favorite teams. Plus, it's not unheard of for Tennessee sports betting promo codes to be offered during game broadcasts.

So if you're looking for new Tennessee sports betting sites, check one of these out – even if you lose, you're still supporting your team. While it's never enjoyable, we find it can take a little bit of the sting out of losing. Fans of motorsport wagering should also keep an eye out for good deals.

Online vs. Land-Based Sportsbook in Tennessee

The law establishing sports betting in Tennessee only provides for online sportsbooks. Therefore, you won't find any land-based sportsbooks in Tennessee. However, there are some differences between the two worth pointing out in case you've been to a brick-and-mortar operator before.

For instance, Tennessee sports betting sites are available 24 hours a day, seven days per week. Also, Tennessee online sportsbooks take a lower margin than land-based options. There are plenty of great retail sportsbooks in West Virginia if you want to try out in-person betting for yourself.

Online Betting
  • Better Odds
  • Open 24/7
  • Larger Market Selection
  • Mobile Apps
  • No Food or Drink Service
  • Longer Withdrawal Times
  • No Social Engagement
Land-Based Betting
  • Food and Drink
  • Cash Transactions
  • Opportunity to Socialize
  • Personalized Service
  • Lower Odds & Payouts
  • Fewer Live Betting Options
  • Limited Opening Hours

Problem Gambling Help

Sports betting is a fun and entertaining pastime when it's done responsibly. However, gambling addiction is a serious issue that the best Tennessee betting sites take as such. You can find prevention tools like adjustable deposit limits, voluntary cooling-off periods, age verification protocols, and responsible gambling information at all the top TN betting sites.

If you or someone you know is struggling with the following signs or symptoms of gambling addiction, we suggest reaching out to a responsible gambling organization for help.

  • Constantly talking or thinking about gambling.
  • Owing gambling related debts.
  • Gambling more often with more money to get the same thrill.
  • Becoming irritable when one is not gambling.
  • Gambling is affecting relationships with other people, a job, or schoolwork.
  • Thinking about stealing money to gamble with.

If you recognize any of these symptoms in yourself, there's no shame in admitting you have a problem. If you need support, here's a list of responsible gambling resources in Tennessee:

It's important to remember that the best way to stop compulsive gambling is to act before it starts. Bet with your head, not over it. Please gamble responsibly and within your financial means.

FAQ

What is the best TN online sportsbook?

The best TN online sportsbook is one with a license. We vet and check all the sportsbooks we list on our website for proper licensing. You can see our top TN online sportsbooks for a great place to get started.

Are online sports betting sites legal in Tennessee?

Yes, online sports betting sites are legal in Tennessee. The first ones launched on November 1, 2020, with room for more operators to join the market. You can see our write up on Tennessee sports betting laws to catch yourself up on the situation.

What are the best online betting bonus offers in Tennessee?

The best online betting bonus offers in Tennessee are ones with friendly terms and conditions for all types of gamblers. You can see our top Tennessee sports betting bonuses to claim one.

Do online sportsbooks in TN offer live betting?

Yes, online sportsbooks in TN offer live betting. In-play wagering is fast becoming the most popular form of sports gambling. You can see our write-up on live betting in TN for everything you need to know about sports betting's latest trend.

Which online sportsbooks in Tennessee offer the fastest payouts?

All licensed online sportsbooks in Tennessee deliver payouts within reasonable times as regulated by the SWAC, though some go above and beyond the requirements to get you your money even faster. Here are the betting sites in TN with the fastest payouts.

Conclusion – Sign-up & Claim a Tennessee Sports Betting Bonus

At the end of the day, any of the TN betting sites listed on this page are legitimate, licensed, and legal operators you can trust. If it's listed here, it has top-notch security, pays the required taxes, and is approved by SWAC for operation within state lines. Claiming a Tennessee sports betting bonus has never been easier with our guide highlighting the standout on the market.

Blake Roberts

Blake Roberts, a Morgantown native with a background in statistics, takes the position of Editor in Chief at Betting.us. He combines his love for sports and his knowledge of statistics to produce high-quality sports betting reviews. Blake enjoys evaluating online betting sites and believes that keeping a professional mindset in gambling is of utmost importance.

Blake Roberts Founder & Editor in Chief at Betting.us More about Blake

The Tennessee sports betting apps listed here have markets for the top leagues and sports, high-tech betting apps, and of course, premium bonus offers you can take advantage of. Its no-tax status for individuals also means Tennessee is one of our top picks for states with legal online sports betting.

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