Tennessee Online Sports Betting – Is it Legal? – Compare Best TN Sportsbooks Reviewed 2023

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.

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The Best Tennessee Online Sports Betting Sites List 2023

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:

  1. BetOnline – Best overall Tennessee sports betting site for 2023
  2. XBet – Most user-friendly site for online sports betting in Tennessee
  3. Bovada – Superb Tennessee sports betting app
  4. MyBookie – One of the most renowned sports betting sites Tennessee for placing futures wagers
  5. BetUS – Extremely lucrative sports betting in Tennessee site for promotions and rewards for new players
  6. Intertops – Good site for a diverse range of payment methods
  7. Sportsbetting.ag – Great bookmaker for soccer coverage
  8. BetNow – Renowned sportsbook for placing NFL and NBA wagers
  9. GT Bets – Top betting site when it comes to processing payouts quickly
  10. 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.

Sports Betting Guides by State

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.
  • 14 May 2018 – The Murphy v. NCAA decision by the Supreme Court established state autonomy in terms of sportsbook gambling legality, free from federal intervention.
  • 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 Online Sports Betting in Tennessee

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 Online 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. BetOnline – Best overall Tennessee online sports betting site for 2023

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

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

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

3. Bovada – Superb Tennessee online 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 online 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

More on gambling in Tennessee…

Learn about all types of online gambling in Tennessee in our expert guides below:

Top 5 Tennessee Sportsbooks 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
BetOnline 100% up to $1,000

 

BOL1000

 

Aussie Rules, badminton, boxing, field hockey, snooker, and more

 

No  

Credit card, debit card, wire transfer, money order, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple

 

 

XBet 100% deposit match up to $500 XB100 Basketball, tennis, golf, NHL, soccer, and more No  

Credit card, debit card, Bitcoin, Bitcoin Cash, Litecoin

Bovada Up to $1,000 BVD1000 Aussie Rules, badminton, baseball, football, golf, and more Yes Credit card, debit card, Zelle, Bitcoin, Bitcoin Cash, Litecoin

 

MyBookie 100% deposit match up to $1,000

25% reload bonus up to $500

MYBY50

MYBY25

Basketball, boxing, eSports, horse racing, soccer, and more Yes Credit card, debit card, wire transfer, Bitcoin,  Bitcoin Cash, Ripple, Ethereum

 

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

 

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How to Bet on Sports in Tennessee Sportsbooks

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

Step 1: Open an Account

Visit BetOnline on any modern internet-enabled device and launch the registration form by clicking the “Join Now” button. The straightforward form asks for your name, email, password, country, zip code, phone number, and birthday:

BetOnline Create Account

Licensed sports betting sites, such as BetOnline, are required by law to verify your identity, which entails submitting pictures of an ID and utility bill over a secure connection. You won’t be able to withdraw money from your account until you successfully pass verification. Please make sure the information you input during registration matches with official documents.

Step 2: Activate Your Account

You should receive an activation link by email within a minute or two. Click the link and log into your account.

Step 3: Fund Your Account

Click “Deposit” at the top of the betting platform and choose your preferred banking method:

BetOnline sportsbook deposit options

If you’re in Tennessee, you should see Bitcoin, credit cards, eCheck, and Altcoins listed by default. If none of these work for you, click “view more deposit options” for additional choices, such as cashier checks, Ria, and money orders.

After you choose a deposit method, you may be prompted to enter your physical address.

You can now declare your preferred deposit amount. The minimum is $20, while the maximum varies from $500 to $500,000. The highest cap is available for cryptocurrency transactions:

BetOnline deposit amount

The “promo code” field is where you enter our sportsbook promo code BOL1000 to claim the best welcome bonus for new players in Tennessee. Click “deposit now” and transfer funds according to the on-screen instructions, which, of course, vary by payment method.

Step 4: Place Your Bets!

You’re all set! Browse BetOnline’s selection of over two dozen sports and choose a market to create your bet slip. Best of luck and have fun!

BetOnline Sportsbook Place a Bet

Conclusion on Tennessee Online Sports Betting

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 – BetOnline. Sign up to BetOnline today, and claim your $500 welcome bonus.

Tennessee Sportsbooks FAQs

Is FanDuel legal in TN?

Is barstool sportsbook available in Tennessee?

Is online betting legal in TN?

When will sports betting be legal in Tennessee?

Can you bet on sports in Tennessee

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