Tennessee Sports Betting
Sports betting is totally available in the state of Tennessee. Spring 2019 saw the legalization of sports wagering in the Volunteer State, with a full launch coming the next year on November 1st of 2020. On April 30th, 2019, the Tennessee sports betting bill HB 1 got full approval from the state legislature. Then, that June, the full legalization of online sports betting was confirmed. Even though you can’t place sports bets at retail sportsbooks just yet, you’ve got plenty of online betting options in Tennessee right now.
With the launch of Tennessee sports betting on November 1st, 2020, a handful of top online sports betting sites became available. FanDuel Sportsbook Tennessee, DraftKings Sportsbook Tennessee, and BetMGM Sportsbook Tennessee all expanded into the area once sports wagering rolled out in the area. Other major sports betting apps joined the wagering market soon, such as WynnBET Sportsbook Tennessee, TwinSpires Sportsbook Tennessee, and Caesars Sportsbook Tennessee. On this page, you’ll learn everything you need to know about Tennessee sports betting, including online sportsbook reviews and welcome promotions for first-time bettors.
Tennessee Sports Betting Promo Codes
Each mobile app and online sportsbook provides promotions for new users to sign up. It’s an incentive in the form of free bets, deposit bonuses, and in some cases, no-deposit bonuses. The following are all the available promo codes in Tennessee as of May 26, 2022
Top Tennessee Sportsbook Apps
Tennessee Promo Code
Tennessee Promo Value
|DraftKings Sportsbook TN||No Code - Click Here for Bonus||$50 Free Bet|
$1,000 Deposit Match
|BetMGM Sportsbook TN||LINEUPS||$1,000 Risk-Free Bet|
|Caesars Sportsbook TN||LINEUPSCZR||$1,100 First Bet Insurance|
|FanDuel Sportsbook TN||No Code - Click Here for Bonus||$1,000 Risk-Free Bet|
|WynnBet Sportsbook TN||No Code||Bet $10, Win $200|
|Launch Date||Mobile & Desktop apps||November 1st, 2020|
|Staff Verified||3 Point-Check||May 25, 2022|
Top 5 Tennessee Sportsbooks
These books are Draftkings, FanDuel, Caesars, WynnBet, and BetMGM. As of May 2021, all five of these are live. Tennessee is likely to be a top 20 state in terms of betting volume. All of the sportsbooks featured on lineups.com have been 3-Point Verified by our Editorial staff. This means the sportsbook is Legal, Licensed, and Safe for you to play on.
#1 DraftKings Sportsbook
DraftKings Sportsbook is the most popular app throughout legal states. DraftKings launched on November 1st, 2020 in Tennessee with the first round of the biggest Sportsbooks. Their app and website are both extremely user-friendly. If you already play Daily Fantasy on DraftKings you can seamlessly connect your DFS account to your Sportsbook account to have all of that information under one account. Your cashier account on DraftKings merges into one and you can seamlessly switch between the two products. DraftKings Sportsbook is the highest-rated app in the field.
DraftKings Sportsbook offers its players a ton of unique features and ongoing promotions. The Live Play feature is seamless and easy to use as is the normal bet slip. One of my favorite features on DraftKings is the sportsbook pools contests which allow you to answer questions and compete for cash prizes, often directly with your friends and co-workers. DraftKings also has excellent educational functionality for customers who are new to the world of sports betting. The rewards and missions programs are also unique and provide additional excitement to players.
DraftKings Sportsbook offers new users a $50 free bet as well at the time of signup as well as a deposit match at a 20% rate of up to $1,000. In order to receive the full $1,000 in bonus money, you need to deposit $5,000. There is just a $5 minimum deposit in order to access that $50 free bet. All you need in order to be eligible for this offer is to be 21+ years old, a new user on DraftKings Sportsbook, and within the confines of a state where DraftKings Sportsbook is live such as Tennessee. Click through our exclusive links to access these excellent signup offers today.
#2 BetMGM Sportsbook
BetMGM is the online platform for Nevada’s famous hotel and casino, the MGM. The company has aggressively expanded online to reach new customer bases all around the United States. They were able to get in as one of the first three sportsbooks to be operational in Tennessee and launched on November 1st, 2020. BetMGM is the exclusive official partner of the Tennessee Titans and boasts a $1,000 sign up bonus. BetMGM does a nice job providing ongoing weekly promotions to existing users. Odds are in line with the competition and we highly recommend testing their product.
BetMGM Sportsbook has arguably the best ongoing promotions in the industry and provides its users with tons of ways to maximize payout and stay engaged. BetMGM’s Lions Boost takes Odds Boosts to another level with constant offerings related to the market you are betting from. For example, in Tennessee, you may have Lions Boosts related to the Titans or Grizzlies. BetMGM also offers promotions like risk-free prop bets, parlay profit boosts, challenges to win free bets, and more. BetMGM’s flawless interface and excellent promotions are a winning combination.
BetMGM Sportsbook offers new users a $1,000 risk-free bet at the time of signup which can be used on any sports bet. All you need to do is register for your new account, provide some basic information, and use the bonus code “LINEUPS”. Then you can deposit money using a number of different methods, and once your account is funded, your first bet will be risk-free up to $1,000. That means that if you lose your first bet, you will receive a site credit worth the full amount of your first wager. Don’t forget to use our exclusive bonus code “LINEUPS” to access this tremendous offer!
#3 Caesars Sportsbook
Caesars Sportsbook has completely remade its product offerings following the integration of William Hill, making it one of the best in the market. The sportsbook is world-renowned and it is hard to get a better overall sportsbook than what Caesars has to offer. Its support is some of the best and the amount of international wagers is unbeatable. The sportsbook has launched with a generous $1,100 first bet insurance when you use the code “LINEUPSCZR” when signing up. There is a minimum deposit requirement of $50.
Caesars Sportsbook is built to treat each user like an Emperor and it has some of the most unique offerings we’ve seen in the market. Caesars was offering new users a free NFL jersey if they bet $100 on the NFL in September, showcasing the brand’s ability to run massive promotions. The new rebrand for Caesars saw the platform keep its elite rewards program with its connected hospitality and gaming brands while improving the platform interfaces and widely expanding its range of domestic and international sports available with a bunch of new prop bets.
In addition to all of the new features that came with the new Caesars Sportsbook, Caesars also launched a new promotion for new users that is the best in the market. Using the promo code “LINEUPSCZR”, new Caesars Sportsbook users can access a $1,100 first bet insurance at the time of signup. This offer is available for customers who are at least 21 years old and are within the confines of a state which currently has Caesars Sportsbook available such as Tennessee. Don’t forget to use the promo code “LINEUPSCZR” when you sign up to access this $1,100 first bet insurance!
#4 FanDuel Sportsbook
A crowd favorite FanDuel was one of the first three major Sportsbooks to launch in Tennessee on November 1st of 2020. FanDuel is also operational in a Daily Fantasy capacity in Tennessee. You can connect your DFS and Sportsbook accounts to have your betting and fantasy needs all under one account. If you have a pre-existing DFS account, you can still access new user bonuses on FanDuel Sportsbook. Your accounts on FanDuel DFS, Sportsbook, and Casino all sync seamlessly.
FanDuel Sportsbook’s platforms have some of the best user interface functionality and presentation in the industry, and the design is top class. FanDuel also offers some features that make it stand out from its competition. Its Same Game Parlays are very unique in that you can combine multiple prop bets from the same game and boost your potential payout. Additionally, FanDuel frequently offers parlay insurance, player prop insurance, halftime insurance, and more. FanDuel Points are rewarded for each contest users participate in and can help you earn free money – who doesn’t love that?
As if its expertly designed platform and top-class promotions weren’t enticing enough, FanDuel offers new users up to $1,000 in a risk-free bet. If you bet $1,000 on a game with your first bet and lose, you will receive a site credit of $1,000 in your account within 72 hours. All that is required for this offer is to be a new user on FanDuel and to make a minimum deposit of $10. Use our exclusive affiliate link below to sign up for this awesome offer today!
#5 WynnBet Sportsbook
WynnBet entered as the 6th sportsbook in Tennessee and 5th national sportsbook. It brings with it one of the best mobile betting platforms in the United States market. It also brings with it a great welcome bonus! Those of you who signup for WynnBet Tennessee get a $200 free bet that can be used on a myriad of different eligible wagers. This is unlocked with a $10 wager. WynnBet will be offering bets on the Titans, Grizzlies, and Predators, so you can bet on all your favorite local sports teams.
Our staff loves the WynnBet interface as it’s very well-organized and easy to navigate as you look for different bets and use the bet slip. WynnBet offers awesome social features that aren’t available on other platforms such as chat rooms that are only available to users who place certain bets so they can communicate during the game as their bet carries on. WynnBet does not have a rewards program yet, but it does offer a few boosters and promotions. WynnBet also offers seamless banking functionality for deposits and withdrawals.
The current welcome bonus for WynnBet is a $200 free bet following registration for a new account. All you need to do is download the WynnBet app or visit the desktop site, provide some basic information, register for an account. After you’ve funded your account, you need to wager $10 to unlock this bonus.
Tennessee Sports Betting Rules
Sports betting in Tennessee is different than most other states in the country. Tennessee will only have mobile and online sports betting and no brick-and-mortar sportsbooks. The Tennessee Education Lottery Corp. is tasked with regulating the industry under the Tennessee Sports Gaming Act.
There is no restriction for who can apply for a mobile sports betting license. However, the $750,000 licensing fee will weed out a lot of smaller competitors. Aside from the high licensing fee, there is one aspect of legal sports betting that is getting a lot of criticism in Tennessee. A proposed rule requires sportsbooks cap payouts at 85 percent. The 15 percent hold is three times the average rate in the industry (5%).
If that wasn’t enough, Tennessee is one of three states that will require the use of “official league data” for live-betting, joining Michigan and Illinois. Add in a relatively high tax rate of 20 percent, and Tennessee has a number of issues to address before any launch can occur.
There is no cap on sports betting licenses in Tennessee. Anyone 21 or older will be eligible to place a bet. The only notable betting restriction is that in-play bets on collegiate events will not be allowed.
The 10% Hold
One of the biggest pieces of news to come out of the legalization process of sports betting in Tennessee was the announcement that a 10% hold would be required for all sportsbooks. A hold refers to how much a sportsbook is required to hold when all bets are settled over a certain period of time. You can also think of it as only being able to payout a maximum of 90% of the total money that comes in through wagers.
If you take a look at something that has 50/50 odds of happening often the lines will be around -105 to -110 for either side. That means that you would have to bet $105 or $110 on either side, respectively, to win $100. However, with such a high hold sportsbooks can only payout 90% over a certain period of time. So, those 50/50 bets are more likely to have -120 or -125 on each side. This would mean that you would need to bet $120 or $125, respectively, to win $100. To put this in comparison Nevada has never gone above an 8% hold in their entire history.
Many experts worry that this will make gambling in the state non-competitive. If people have the resources, then they will go to other states for their sports betting needs. This ruling, however, can be revisited by the states Lottery Board in the future to either lower or even further increase the hold required by Sportsbooks
How to Bet on Sports in Tennessee
You must be 21 years of age or older and located in Tennessee to bet. If you are traveling from out of state and betting on your mobile phone, you will need to connect to a wifi hotspot and verify your location. Otherwise, if you’re connected to the internet and in the state, you can bet. Here are the 4 steps to placing a bet.
Choose your Tennessee Sports Betting App
here are four approved Sportsbooks in Tennessee: Draftkings, FanDuel, BetMGM, and Action 24/7. Action 24/7 is a TN only sportsbook, so no one has any experience with the platform. We can’t recommend it for this reason and will only cover the Top 3 apps. All three of which are fully online and ready to go.
Create Your Account
Once you decide which of the Sportsbooks you would like to go with, download their app, or visit their website. Make sure you are connected to a wifi connection or using a device that has Geolocation so the corresponding Sportsbook can verify that your location is indeed in Tennessee.
Once you have downloaded the app or reached the website the only things you need to create your account will be: full name, E-mail address, address, date of birth, and a social security number. Here is the first registration screen for DraftKings.
With that information and your wifi connection, the sportsbook will be able to confirm the details of your identity, age, and location.
Do not forget to use a promo code provided by Lineups.com when making your account to get amazing promotions that include: risk-free bets, bonuses, or game boosts. If there is no promo code needed, your bonus will automatically be applied to your account if you click on our links.
Deposit Money to Your Account
Almost every Sportsbook will accept deposits by credit card, debit card, or PayPal. Once the account is registered it should be a seamless process to deposit money and get betting right away.
You should also have the option to use online bill pay if that route is more comfortable for you. Here are the deposit options on FanDuel.com, which are available on all sportsbooks featured.
Place a Bet
Your account has been created, you have deposited money, now what? Well, each sportsbook will have its own set of sports and bets to place on. Do not get overwhelmed as you will be able to filter by sport and by the type of bet. There will also be a tab for live betting, which is a place where you can bet on games that are currently live and being played.
One process stays the same across all betting apps: to place a bet, simply select the bet you would like to go with. For example, the moneyline of the Titans winning their game at +110. Once selected, the game will be placed in your betslip where you can insert the amount of money you want to place on the game. For this example, if we placed $100 on the bet, then the payout should be displayed as $210, or a profit of $110, if you were to win.
TN Sportsbook Rank
Tennessee Sports Betting Apps
|#1||DraftKings Sportsbook Tennessee||November 1st, 2020|
|#2||BetMGM Tennessee||November 1st, 2020|
|#3||Caesars Sportsbook Tennessee||March 11th, 2021|
|#4||FanDuel Sportsbook Tennessee||November 1st, 2020|
|#5||WynnBet Sportsbook Tennessee||May 1st, 2021|
|#6||PointsBet Sportsbook Tennessee||Expected 1st Quarter 2022|
Mobile Apps Launching in 2021
PointsBet is one of the more fresh ideas when it comes to sports betting. PointsBet not only has standard odds, including moneylines and spreads. However, they have their PointsBet system which allows the payout that you can win to swing drastically depending on the outcome of the game. However, PointsBet is currently not operational in Tennessee, nor do we currently have a timeline for them to launch their app in the state. TwinSpires is expected to launch in Tennessee in 2022 and Wagr, a revolutionary social gaming platform, is on its way to the state as well.
Tennessee Betting Market
Tennessee is the 16th most populated state in the United States of America. We’ve seen similar-sized states such as Indiana and Colorado have great success upon launch. We expect the same for the Volunteer states. Here is a fact table on the betting market.
Tennessee Sports Market
|Tennessee Population||6,829,174 (2019)|
|Estimated TN Market Size||$4.5 billion|
|Largest Tennessee Betting City Populations||Nashville (673K)|
|Tennessee Profesional Sports Teams||Tennessee Titans, Nashville Predators|
|Tennessee College Sports Teams||Memphis Tigers, Tennessee Volunteers, Vanderbilt Commodores|
|Tennessee Legislature Bill Approval Date||April 30th, 2019|
|Law Commencement Date||July 1st, 2019|
|Sports Available to Bet On||NFL, NBA, MLB, NHL, Soccer, UFC, Tennis, Golf|
Tennessee Daily Fantasy Sports
Daily fantasy sports is 100% live and legal in the state of Tennessee. If you’re located in the Volunteer State, you can play with all of your favorite DFS platforms. FanDuel Tennessee and DraftKings Tennessee are both extremely popular with DFS players in Tennessee, with both names starting as daily fantasy sports platforms before expanding into sportsbooks and online casinos. Both platforms have also struck partnerships with local teams in the area, with FanDuel acting as the exclusive Memphis Grizzles DFS platform and DraftKings making a deal as the exclusive DFS site for the Nashville Predators. And, if you’re a fan of both daily fantasy sports and standard sports betting, you can switch between the platforms with ease in Tennessee.
Tennessee Sports Betting FAQ
- Can I bet Legally on Sports in Tennessee?
- Are there any additional sportsbook apps proposed for launch in Tennessee?
- Will Tennessee sportsbook apps be able to offer live in-game bets?
- What is the legal betting age in Tennessee?
- Can you bet on college games in Tennessee?
- Are there any retail sportsbook locations in Tennessee?
- What welcome bonuses are offered in Tennessee?
- Is there online casino betting in Tennessee?
- What is the difference between Bovada and the Tennessee licensed sportsbooks?
- How do I download sportsbook mobile apps in Tennesse?
Can I bet Legally on Sports in Tennessee?
Yes, you can bet legally on sports in Tennessee. On April 30th, 2019, the Tennessee Legislature voted to approve a sports betting bill. The bill became law without Tennessee Governor Bill Lee’s signature. On November 1st, 2020, sportsbooks officially launched their apps.
Are there any additional sportsbook apps proposed for launch in Tennessee?
Yes, beyond the first four sportsbook apps launched, there are an estimated dozen more competitors with pending applications nearing final approval. Tennessee-based sportsbook app Action 24/7 will make its debut before the end of 2020. Caesars joined in March of 2021. WynnBet joined in May 2021.
Will Tennessee sportsbook apps be able to offer live in-game bets?
Yes, if approved. The ability to provide in-game betting odds is totally dependent on final approval by the Sports Wagering Advisory Council. Any in-game prop bet must purchase the in-game data from an official league data source to post in-play prop bets.
What is the legal betting age in Tennessee?
Unlike many U.S. states with new laws to permit sports betting, Tennessee did not set the age limit at 18 or older. In Tennessee, individuals must be 21 or older to register for a sportsbook app account legally and make bets on games.
Can you bet on college games in Tennessee?
Yes. Tennessee is home to a number of prominent NCAA sports programs. They have two teams, Vanderbilt and the University of Tennessee, which are members of the Power Five Southeastern Conference. There are a number of mid-major Division I programs, which will have weekly game odds posted.
Are there any retail sportsbook locations in Tennessee?
No. Tennessee is one state that has yet to provide a legal framework to allow physical sportsbook locations to accept sports bets. Currently, Tennessee has four licensed sportsbook apps available to Tennessee residents. The apps can be used anywhere in the state legally.
What welcome bonuses are offered in Tennessee?
The three major sportsbooks all offer unique welcome bonuses. DraftKings Sportsbook offers a deposit match worth up to $1,000 at a 20% match rate and a $50 free bet. BetMGM offers a risk-free bet worth up to $1,000. FanDuel has a $1,000 risk-free bet available.
Is there online casino betting in Tennessee?
No, currently only online sports betting is allowed in the Volunteer State. It seems that with how strict the online sports betting rules are, there is little chance that online casinos will be following sports betting in the immediate future.
What is the difference between Bovada and the Tennessee licensed sportsbooks?
Bovada is an offshore sportsbook that is unregulated by any governing body in America. This means that there is no consumer protection when it comes to your bankroll or wagers. All licensed sportsbooks in Tennessee are regulated by the Tennessee Government and fall under United States legal jurisdiction.
How do I download sportsbook mobile apps in Tennesse?
You can find the BetMGM, DraftKings, and FanDuel iOS apps on the Apple App Store. However, you will need to visit each of these sportsbooks’ sites to get the Android app download link, and then you will be able to use the Android version of the app.
Tennessee Betting Explained
If you are new to betting here is some terminology and technical details that will help you understand exactly what each bet means.
What Can I Bet on
Each sportsbook offers a wide variety of different sports to bet on. Almost every sportsbook will include all professional American sports like the NFL, MLB, NHL, NBA, and MLS. They also will offer a huge variety of professional sports around the world. You will be able to bet on the English Premier League, while simultaneously betting on UFC fights and the PGA Tour. The possibilities are almost endless.
One thing that is important to note is that Tennessee approved the ability to bet on college sports. College football is one of the biggest betting markets. If you want to get in on the Saturday college game-day action, then you will have the ability to do so. Most sportsbooks will also offer you other collegiate sports such as basketball to place some wagers on.
Moneylines, Spreads, Total Points (Over/under)
The most common ways to bet on team sports is with the spread, moneyline, or total points.
The Moneyline is simply the odds for that team winning the game outright. If the team has odds of +255, then that means you can make a profit of $255 on a bet of $100. The “+” is the amount of money that you can win with an $100 bet. The “-” in -255 means the opposite, you need to place a $255 bet in order to win a profit of $100.
All bets present you with odds of some kind. That is how you know the total payout or profit that you can make from placing that bet. When you add the bet to your betslip you can also type in the amount that you want to gamble, and your sportsbook will show you the total payout or profit corresponding with that amount and bet.
The spread is a point value that a team must win by, if they are favored, to win you the bet. If a team is an underdog, then the spread is the point value that they can lose by, and you still win the bet.
If one team is +3 that means they are given 3 points. That team can either win the game, tie or lose by 1 or 2 points for you to win the bet. If they lose by 3 it is a push and you get your money back. If they lose by more than 3, then you lose the bet. The same logic but reversed is applied for the team at -3, they must win by over 3 for you to win the bet.
Total points refer to betting on either over or under a certain amount of total points to be scored in a game. In a game between the Titans and Vikings in Week 3 of 2020, the total offered by many sportsbooks was at 50.5. You could have bet the over which means you wanted the total points scored by both teams to reach over 50.5. Alternatively, you could have gambled on the under which means you wanted the total points scored by both teams to be below 50.5. The final score was 31-30, 61 total points, so the over bet won.
Tennessee Team Futures
Team futures is another way to bet on teams but instead of betting on a single game, you are betting on a certain condition to be met or accomplished by the team.
An example of this is win totals. The St. Louis Cardinals may have a win total of 88.5 next season. You can either bet the under or over on that win total.
A big example of team futures is championships. You can bet on who you think will win the World Series, Super Bowl, NBA Championship, Stanley Cup, etc. at almost any time pre-season, during the season, or even during the playoffs. The odds will change to reflect the chances of a team winning the championship.
Prop bets are betting on a team or player to accomplish something in a game. This can show up in many different varieties.
Some of the more common bets are betting on which team will score first or how the first score will happen. You can also bet on which player you think will score the first touchdown, run, or goal.
Each game will have tons of prop bets based on the myriad of different stats that a certain sport has to offer. For American Football you may see yardage totals, total TDs, the amount of 1st downs, etc. For Baseball it maybe runs scored, home runs hit, strikeouts thrown, etc.
Tennessee Live Betting
Live betting is betting on a game while it is being played. Using the example of an NFL game, you will see the spread and moneyline fluctuate as the game goes on and is played out. If a team goes down big, but you think that they will come back, then you most likely can get very profitable odds for that bet during the game.
Live betting is usually on its own tab and category for each of the sportsbooks, so make sure to check it out when you log on.
Parlays and Teasers
A parlay is a multi-tier bet. This is where you make multiple bets, such as spreads on three different NFL games, and you want to tie all those bets together. A parlay will need all three of those bets to hit for you to receive the payout and win. It is much harder for this to happen, but can give you some very profitable odds.
There are also teasers. In football terms, teasers usually add points to the spread or total points for all the legs of your parlay. This is to make the chances of hitting on the bet more likely. For example, if your three games had spreads of +3, +6, and -7, and you receive a 6 point teaser, then the spreads for those games are now +9, +12, and -1, respectively. You were given 6 points in your favor to help win the parlay. Teasers obviously have smaller profits than straight-up parlays, but can be a fun way to bet on an NFL Sunday or College Gameday.
Tennessee Sports Teams to Wager On
There is a myriad of Tennessee sports teams to bet on in Tennessee, and some even have partnerships with the major sportsbooks available in the Volunteer State.
Tennessee Titans – NFL
The Tennessee Titans play in the AFC South in the National Football League. The team originated as the Houston Oilers and is one of the top attractions for Tennessee sports fans. Currently, BetMGM is partnered with the Titans as their official online sportsbook.
You can wager on every Titans game with the major sportsbook applications, and you can even wager on future events like them winning the Super Bowl. Professional football is the biggest sports betting market in Tennessee and the entire United States.
Memphis Grizzlies – NBA
The second-largest betting market is professional basketball, and the Memphis Grizzlies are the hometown team for the state of Tennessee. Despite being geographically eastern in the United States, the Grizzlies, unfortunately, play in the much more competitive Western Conference.
The Grizzlies are currently partnered with the FanDuel Group as of November 2020. This strategic partnership will allow FanDuel exclusive daily fantasy and sports betting deals. You can bet right now on the Grizzlies with FanDuel or any of the sportsbook apps available in Tennessee.
Nashville Predators – NHL
The Nashville Predators are the professional hockey team for the State of Tennessee. Currently, Nashville plays in the Central Division and is one of the promising teams in the NHL. The Predators are partnered with DraftKings as it is the official daily fantasy and sports betting partner of the team.
DraftKings offers some exclusive deals with the Predators, and DraftKings also has access to some great marketing by being in the strategic partnership with the Predators. You can bet on the entire NHL on DraftKings, FanDuel, and BetMGM.
Tennessee Volunteers – SEC
The Tennessee Volunteers are the largest collegiate sports program in the State of Tennessee. Hailing from the highly competitive SEC, the team is best known for its football program that produced stars such as Jason Witten and Eric Berry.
You can bet on college basketball and football with all three Tennessee sportsbooks, and that includes the Volunteers. There are even some special offers that you can get for being a Tennessee bettor with your hometown Volunteers.
Vanderbilt Commodores – SEC
Vanderbilt is the lesser-known of the two Tennessee SEC athletic programs but is still an elite university. One place in which Vanderbilt has the Volunteers beat is in basketball, as the team fields talented competitive rosters year in and year out.
You can bet on Vanderbilt’s men’s basketball program and March Madness with DraftKings, BetMGM, and FanDuel Tennessee right now.
Tennessee Sports Betting History
A 45-day public comment period was held until January 6, 2020. The Tennessee Lottery released draft rules for the licensing and regulation of sports wagering. The comment period was to address any issues with those rules. During the comment period, more than 300 comments were made, and the 15 percent payout cap was one of the most talked-about issues. The Tennessee Lottery is using the comment made during the 45-day period to address and possible issues that were brought up.
The use of “official league data” is another controversial aspect. With the margins for sportsbooks already thin, adding in extra costs on top of the high licensing fee and tax rate could potentially scare operators away. However, the law in Tennessee does allow for an exception if the leagues cannot provide the data under “commercially reasonable terms”.
Another issue that was addressed a lot was an odd one not seen anywhere else. A “parlay” is a wager made on multiple individual bets into one wager. Traditionally in a parlay, when one of the wagers results in a tie, the entire bet is not considered a loss. The payout on the bet is adjusted to exclude the leg of the parlay that resulted in a tie, making the rest of the bet still active. However, in Tennessee, one rule would require that the parlay be considered a loss in the event that even one leg results in a tie. This goes against any industry standards and is a huge disadvantage to bettors.
Major sports leagues have even voiced their concern over some of the proposed rules in Tennessee. DraftKings also voiced their concern over the parlay rule. Tennessee sees criticism from every angle. From local bettors to the leagues and even the companies who run the sportsbooks, they all seem to agree that Tennessee has a number of issues that need to be addressed before sports betting can launch.
DraftKings Sportsbook Tennessee App
Name: DraftKings Sportsbook Tennessee App
Description: DraftKings was one of the first sportsbook licensed in Tennessee. DraftKings is one of the most recognizable names in the legal US sports betting industry. The company leads with a functional and fun mobile app. The app can be downloaded via the Apple Store and via the website for the Android version.
Operating System: Apple, Android
Application Category: Game
Author: DraftKings Sportsbook
- Pre-Launch Bonus
- Mobile App Functionality
- Mobile App Design
- New User Sign Up Bonus
- NFL Prop Best
Editor's Impression of DraftKings Tennessee Sports Betting App
The biggest players in the sports betting industry are entering the Tennessee market. The top 3 apps launch on November 1, 2020 and the competition will be fierce. We’ve seen nice growth from DraftKings in other states and they bring their same industry-leading mobile app to Tennessee. DraftKings is the only app offering a pre-launch free bet of $50, which we love. It’s an additional $50 free bet that new and existing users can claim. The mobile app will begin accepting bets on November 1st, 2020.
- Pre-launch bonus
- Welcome bonus
- Game Selection
- Design & Functionality
- Limited NFL prop bets
- Lacking significant weekly promotions