Tennessee sports betting has arrived on the scene with a big smash in the legal betting marketplace. Sports betting in the state has set record numbers already this year with its soaring popularity.
So, now is a great time to learn all that you can about legal gambling in the state of Tennessee.
Best Tennessee Sportsbooks
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All Tennessee Online Sportsbooks
Even though the Tennessee sports betting market is on the newer side, there is a good deal of online sportsbooks. The biggest names in online sports betting have already entered the Tennessee market and have made great gains in the state.
Here is a look at the online sportsbooks that are already in operation in the state of Tennessee.
You would have to have been living under a rock to not know about the MGM brand. In addition to their well-known resorts and casinos, MGM also has the online sports betting brand BetMGM.
When new customers create an account on BetMGM they are able to receive their first bet risk-free up to $600, On top of that, besides being able to bet on all most popular sports, BetMGM bettors can bet on niche sports like MMA or Motor Sports.
Much like DraftKings, FanDuel is also a daily fantasy sports operator that has done quite well in the sports betting arena. Sports betting fans who feel more comfortable with an established brand would do well to look into FanDuel.
Plus, with a Fanduel Promo code, new customers will be able to receive a risk-free bet of up to $1000 upon creation of their new account. So, customers can place their first bet without worrying about losing up to $1000.
Daily fantasy sports company turned online sports betting powerhouse has already sunk its teeth into the Tennessee sports betting market. Of course, many potential customers are most worried about what kind of sign up offer that they can find from the operator.
And, DraftKings has a fairly comparable sign up offer with its up to $1,000 match first-time deposit bonus. The amount you will receive in bonus funds directly relates to the amount of your first deposit.
Sports betting operator Action 247 is not as well known as some of its counterparts. However, the brand has managed to gain a good amount of fans in the state of Tennessee.
As of this writing, a Tennessee sports betting sign up offer is still in the works for bettors in the state. So, keep checking the Action 247 site for the most up to date offers available from the sports betting operator.
Online Sportsbooks Soon to Be Available in Tennessee
Now, because the sports betting market in Tennessee is fairly new, not all the major sportsbooks have launched in the state yet. However, many sportsbook operators have already begun the process to open operations in Tennessee.
The following operators will launch their online sportsbooks in the state of Tennessee in the near future.
Famed sportsbook operator and Kentucky Derby partner, Churchill Downs also has a sports betting brand to look out for. Twinspires is set to open its online doors in the Tennessee sports betting market very soon.
And, with the long history behind the brand, you can be sure Twinspires will have well-vetted odds and interesting offers.
BetRivers is another brand that has made a great name for itself in other states before eyeing the Tennessee market. The SugarHouse sports betting brand in Pennsylvania has recently merged with BetRivers.
So, you know that you have the benefit of two extremely popular sports betting sites in one. BetRivers should be coming to Tennessee in the near future.
William Hill is one of the longest-standing sports betting brands in operation, online or not. And, one thing that you can be sure of when a company has been in operation for that long is that there’s usually a reason why.
William Hill has long been trusted for its properly-researched odds and for its user experience. Now that William Hill is set to open in the Tennessee sports betting marketplace this year, they will be able to reach a whole new bunch of potential fans.
PointsBet is one of the most unique online sports betting operators out there because it actually has a specialty type of bet. With PointsBet the types of bet you can choose to focus on are, surprise, pointsbetting.
PointsBet also sets itself apart by having a tutorial section of its desktop site that offers sections such as PointsBetting 101. With PointsBet set to open in Tennessee some time soon, bettors can learn all about points betting and more.
FOXBet is an online sportsbook brand that has the distinction of being the first online sportsbook launched by a major media conglomerate. As such, FOXBet has more eyes on it than some of the other sportsbook operators and has a lot of pressure to be on the cutting edge.
FOXBet has been known to offer competitive welcome offers and deals throughout the month. So, when FOXBet opens for Tennessee sports betting, make sure to get the best deal possible.
WynnBET, from Wynn Resorts, has also recently set its sights on the Tennessee sports betting market. WynnBET has been able to steadily increase its popularity month after month in the states where it currently is in operation.
With plans to expand into further states, WynnBET hopes to continue to offer competitive features and rewards to entice new customers.
Legalization of Sports Betting in Tennessee
Sports betting in Tennessee has been legal since the Fall of 2020, on November 1st, 2020.
As of right now, both online sports betting and mobile sports betting are legal in the state of Tennessee. And, there are no retail or commercial physical sportsbook locations for Tennessee sports betting.
Sports betting in Tennessee was legalized in the state by way of a sports betting bill in the legislature in April 2019. The Governor of Tennessee, Bill Lee, intimated that he was willing to allow the bill to become law in the absence of his signature.
That is how things cames to pass. From that moment, it was only a matter of waiting until Tennessee sports betting would be a reality.
Tennessee is one of the only states in the south that currently has any form of legal sports betting.
In addition, it is even rarer to have online sports betting in a Southern state. As of right now, Mississippi as well as Arkansas both have legal sportsbooks, but neither has online sports betting yet.
Online Casinos in Tennessee
Tennessee is one of the only states that does not have casino gambling at this time. Tennessee does not have online casinos. In addition, the state of Tennessee also does not have any commercial casinos or even any tribal casinos!
However, there is some hope for the future of online casinos in the state of Tennessee. Now that Tennessee sports betting has brought in so much revenue for the state, lawmakers may be looking toward online casinos. So, keep checking to see if support for casinos in Tennessee has begun to grow!
Online Gambling in Tennessee
Even though online casinos have not yet come to Tennessee, does not mean there are not other forms of legal gambling. In addition to Tennessee sports betting, the state has a Tennessee state lottery.
Plus, horse race betting is also legal in the state of Tennessee. And, Daily Fantasy Sports are another fandom you can explore if you are in the Volunteer state.
Sports Events in Tennessee
Great sporting events that you can bet on in Tennessee can be some of the nationwide events. If you are a fan of the Tennessee Titans, should they make the Super Bowl, you can place your bets on your team.
If you are a basketball fan, you can check out the available bets on the Memphis Grizzlies that are available.
Betting on the NBA finals or other major sporting events is a great way to get your feet wet with Tennessee sports betting. Usually, the major sporting events have a lot of offers available on sportsbooks. So, you can take advantage of these offers to place even more bets if you place your cards right.
Tennessee Sports Betting FAQ
Now, you have learned almost everything you need to about Tennessee sports betting. But, you may still have some lingering questions. So, here is a frequently asked question section to answer any of those questions.
How Old Do You Have to Be to Participate in Tennessee Sports Betting?
Those who are located in the state of Tennessee need to be 21 years old or older in order to wager in the state. And, in order to participate in Tennessee sports betting, you must be physically located within the confines of the state of Tennessee.
What Forms of Sports Betting are Legal in Tennessee?
As of right now, Tennessee sports betting is only legal online or through mobile in the state. There are not retail physical sportsbooks available for betting in Tennessee.
Are There Mobile Betting Apps Available in Tennessee?
The state of Tennessee has legalized mobile sports betting. There are already apps available for various sportsbooks for your Tennessee sports betting needs.
Tennessee Sports Betting Summary
Finally, you have learned all of the ins and outs of Tennessee sports betting. You have learned where you can legally place your sports bets in the state.
And, you have learned which sportsbooks will be opening their doors in the next coming months in Tennessee. So, you should have all of the information you need to make the best Tennessee sports betting decisions!