Tennessee Sports Betting: Best Legal TN Sportsbooks & Promos

This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. Sports betting is live in Tennessee, available exclusively online and to individuals 21 and older. As of 2026, there are 12 licensed online sportsbooks operating in Tennessee. This page will walk you through the best sportsbooks sites and apps, best promos, and key legal betting information. Let’s get into it: Tennessee Sports Betting Overview The table below breaks down everything you need to know about sports betting in Tennessee: Best Legal TN Sports Betting Sites and Apps for April 2026 Below we’ll dive into the best sports betting sites in Tennessee: BetMGM Tennessee (promo code: FOXSPORTS) DraftKings Tennessee FanDuel Tennessee bet365 Tennessee (promo code: FOX365) Minimum $10 deposit required. Minimum odds -500 of greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply. Fanatics Sportsbook Tennessee Caesars Tennessee (promo code: FOXDYW) Tennessee Sports Betting Promotions Most Tennessee sportsbooks offer sign-up bonuses to entice new users. These generally fall into two buckets: Bet & Get Bonuses How they work: you place a small qualifying wager (e.g., bet $5) and receive a fixed amount of bonus bets (e.g., get $150) win or lose. The bonus usually arrives as one or more “bonus bet” tokens you can use on future wagers. Who they’re best for: new bettors who want immediate value without risking a big first bet, or anyone who prefers a quick unlock (via a fast-settling game) rather than tying up funds in a long futures play. Since the stake isn’t returned, consider using bonus bets on plus-money lines or splitting them across several picks. Sportsbooks that offer Bet & Get promos: FanDuel, DraftKings, bet365, Caesars (amounts and terms vary by state and season). First Bet Insurance Bonuses How they work: you place one qualifying first wager. If it loses, the sportsbook refunds your stake in bonus bets (sometimes site credit) up to a stated cap. If it wins, there’s no refund—you just keep the normal winnings and the promo is complete. Refunds usually arrive as one or multiple bonus-bet tokens with an expiry window. And again, with bonus bets, the stake isn’t returned—only the profit. Who they’re best for: bettors who want to take a bigger first swing with reduced downside—e.g., a plus-money side, a confident spread, or an SGP—without risking a full cash loss. They’re not ideal for long-dated futures, since you won’t know if you’re getting a refund until the season outcome settles. Sportsbooks offering First Bet Insurance: BetMGM, Fanatics Sportsbook (terms, caps, and eligible markets vary by state). Ongoing Tennessee Sportsbook Promos Is Sports Betting Legal In Tennessee? Yes. Online sports betting has been legal statewide since November 1, 2020, and Tennessee remains a mobile-only market—there are no retail sportsbooks. Regulation is handled by the Tennessee Sports Wagering Council (SWC). Tennessee was also the first U.S. state to launch with an online-only model. As of 2026, Tennessee has 12 legal online sportsbooks (including FanDuel, DraftKings, BetMGM, Caesars, bet365, Fanatics, theScore Bet (formerly ESPN BET), Hard Rock Bet, Action 24/7, Bally Bet, Betly, and VIP Play). You can always verify the live list on the SWC’s official page. Quick Legal Timeline (TN) Regulator: Tennessee Sports Wagering Council (SWC) — official site How to Start Betting on Sports in Tennessee Below is a step-by-step guide on how to start betting in Tennessee: 1. Choose a Legal TN Sportsbook Compare welcome bonuses, odds quality, and app UX. Check for Titans, Grizzlies, Predators, or Nashville SC promos. 2. Register Online Tennessee allows remote sign-up. You’ll typically enter: full name, email, date of birth, last 4 of SSN, and physical address. Verify location and age (21+). 3. Claim a Welcome Bonus Click the “claim” button on this page to opt in. Read the terms and conditions for min. odds, qualifying bet, and expiry. 4. Deposit Funds Common TN methods: credit and debit card, online banking/ACH, PayPal, Venmo, Apple Pay, Play+ prepaid. 5. Place Your First Bet Example: bet $5 on the Titans to win at DraftKings to unlock bonus bets. You can also try a simple total or moneyline. 6. Withdraw Winnings Payout options usually include online banking/ACH, PayPal, Venmo, and Play+. E-wallets often pay fastest, while bank transfers can take longer. Check processing times in the app’s cashier. Tennessee Sports Teams You Can Bet On Tennessee’s passionate sports culture gives fans plenty of local teams to bet on  from NFL Sundays in Nashville to SEC football Saturdays in Knoxville. Betting on the teams you know best can sometimes be an advantage. Here’s a look at the state’s most popular betting options across major sports. Each of these programs adds to Tennessee’s year-round betting landscape, giving fans no shortage of teams to back statewide. Major Sporting Events in TN Tennessee’s sports scene is as diverse as it is passionate, with year-round events that capture the attention of both fans and bettors. From SEC football Saturdays in Knoxville to NASCAR weekends in Bristol, the state offers major competitions across multiple sports that consistently generate strong local and national interest. Tennessee Volunteers Football Season (Knoxville)One of the state’s biggest annual traditions, the Vols’ SEC football season brings packed crowds to Neyland Stadium each fall. Games often carry national betting significance, especially in rivalry matchups like Tennessee vs. Alabama or Florida. Nashville Predators NHL Season (Nashville)The Predators’ season runs from October through April, with Bridgestone Arena hosting one of the league’s most energetic fan bases. Playoff runs in particular drive major betting action statewide. Liberty Bowl (Memphis)Held annually in late December, the Liberty Bowl pairs top college football teams from the Big 12 and SEC. It’s a long-standing postseason event that attracts regional attention and betting activity leading up to kickoff. Bristol Motor Speedway Races (Bristol)Known as “The Last Great Colosseum,” Bristol Motor Speedway hosts two NASCAR Cup Series races each year — one in the spring and one under the lights in late summer. Both events are major betting draws for racing fans across the South. Memphis Grizzlies NBA Season (Memphis)Running from October through April, the Grizzlies’ season anchors the state’s basketball betting market. The team’s dynamic roster and fast-paced style make them a popular option for NBA bettors. Music City Bowl (Nashville)Played in late December at Nissan Stadium, the Music City Bowl features teams from the SEC and Big Ten. It’s a staple of Tennessee’s holiday sports calendar and draws strong wagering interest during college football’s bowl season. TN Sports Betting Laws & Regulations Sports betting in Tennessee is regulated by the Sports Wagering Council (SWC). As mentioned earlier, the market is mobile only, so there are no retail sportsbooks. You must be 21 or older to place a bet. Tennessee was the first state to launch as an online-only market in 2020. In 2023, the state shifted to a 1.85% tax on handle and removed the former 10% hold requirement. As of 2026, there are 12 licensed online sportsbooks operating in Tennessee. What You Can’t Bet on in Tennessee Tennessee offers a wide range of legal betting markets, but there are still a few restrictions that bettors should be aware of. These rules are designed to maintain integrity and comply with state gaming regulations. Here’s what you can’t bet on in Tennessee: College Player PropsWagering on college sports is legal, but player-specific props— such as passing yards or total points— are prohibited for NCAA events. EsportsBetting on esports competitions is not currently permitted under Tennessee law. Entertainment & Political MarketsYou can’t place bets on non-sporting events such as the Oscars, political elections, or award shows. NFL DraftUnlike some states, Tennessee does not allow wagering on NFL Draft outcomes or player selections. High School SportsAll forms of betting on high school sporting events are strictly prohibited. Tennessee Sports Betting Handle The betting handle is the total amount of money wagered with legal sportsbooks over a given period. It counts every dollar staked before any winnings are paid out. Handle is not the sportsbook’s revenue. Revenue equals handle minus payouts, and the hold (or win rate) is revenue divided by handle. Quick example: if bettors place $200 million in wagers and sportsbooks pay out $188 million, revenue is $12 million and the hold is 6%. Responsible Gaming in Tennessee Sports betting should be safe and fun. If it stops feeling that way, help is available. For free, confidential support 24/7, call TN REDLINE: 1-800-889-9789 or visit the TN Department of Mental Health. You must be 21 or older to bet in Tennessee. Tools most sportsbooks offer: Set limits before you place your first wager, and reach out to the resources above if you or someone you know needs support. Gambling disclaimer: Only individuals aged 21 and over are permitted to gamble. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. Gambling is subject to local state regulation and is illegal in some states. Please gamble responsibly – information relating to responsible gambling can be found here.