Tennessee Sports Betting: TN Sportsbooks & Bonuses

Tennessee sports betting went live on November 1, 2020, marking the official start of legal mobile and online wagering in the state. Leading sportsbooks like BetMGM, FanDuel, and DraftKings were the first to launch, giving Tennessee bettors the chance to join the action just ahead of NFL Week 8.

Best Tennessee Sports Betting Sites & Apps – November 2025

Tennessee made history by introducing the first online-only sports betting model in the United States — allowing legal sportsbook apps to operate without any retail betting locations. This unique approach has turned the state into one of the largest U.S. mobile wagering markets, attracting nearly all of the major national sportsbook brands competing to claim their share of this digital-only landscape.

Alongside those big names, Tennessee Action 24/7, a locally owned sportsbook, became the first independent “mom-and-pop” operation in the U.S. to go live after the repeal of PASPA — a proud milestone for homegrown business in the Volunteer State.

The state’s sports betting law officially took effect in July 2019, when Governor Bill Lee allowed it to pass without his signature. While Tennessee has never been considered a gambling-friendly state — lacking both retail casinos and plans to introduce them — lawmakers approached the rollout with careful research and measured planning. After months of preparation, legal online sports betting officially launched on November 1, 2020.

This page will continue to serve as your comprehensive guide to Tennessee online sports betting, providing updates on licensed sportsbooks, how to register and bet, and new operators entering the market as the industry evolves.

bet365 Launches in Tennessee

On March 16, 2025, bet365 officially launched in the Tennessee sports betting market, marking another major step in the sportsbook’s U.S. expansion. Known for its user-friendly interface, in-depth betting options, and live in-game wagering, bet365 offers Tennessee bettors a premium mobile betting experience unlike any other.

To celebrate its arrival, bet365 is offering a special welcome promotion:

Bet $5, Get $200 in Bonus Bets — Win or Lose!

This limited-time offer gives new users the perfect opportunity to explore the platform’s extensive markets, boosted odds, and unique betting tools.

Offer Details:

Deposit Required. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New Customers Only. Terms and Conditions, time limits, and exclusions apply. 21+ (18+ in KY). Gambling Problem? Call 1-800-GAMBLER.

Available in AZ, CO, IA, IL, IN, KS, KY, LA, MD, NC, NJ, OH, PA, TN, VA.

Minimum odds of -500 or greater apply.

As Tennessee’s online sports betting industry continues to grow, neighboring states are also seeing exciting developments. Notably, bet365 launched in Illinois on the same day — March 16, 2025 — bringing its advanced betting features to a new audience of sports fans across the Midwest.

Comparing the Top Tennessee Sportsbook Apps & Sites

1. FanDuel Tennessee

FanDuel Sportsbook stands out as one of the leading NFL betting platforms both nationwide and in Tennessee, offering an extensive selection of markets — especially for fans looking to wager on the Tennessee Titans.

The FanDuel app is known for its intuitive design and smooth functionality, making it an excellent choice for both new bettors and seasoned players. Its standout same-game parlay feature remains one of the best in the industry, while its competitive odds and strong welcome offers (accessible via a FanDuel promo code) help it maintain a loyal user base.

However, regular players might find that FanDuel could enhance its experience by offering more ongoing promotions beyond the initial sign-up bonus.

App Store Rating: 4.8  (iOS) | 4.8  (Android)

Key Takeaway: User-friendly, feature-rich, and ideal for both beginners and experienced bettors.

Best Feature: Same-Game Parlays

 

2. bet365 Tennessee

The world-renowned bet365 Sportsbook, originally based in the UK, brings its vast international reputation to Tennessee with an impressive selection of betting markets and one of the most robust live-wagering platforms in the industry.

Tennessee bettors can enjoy in-game betting, frequent bet boosts and super boosts, and a customizable, easy-to-navigate interface that makes wagering simple for both new and experienced players. Fans of the Tennessee Titans, Memphis Grizzlies, Nashville Predators, and local college teams like Tennessee and Vanderbilt will find plenty of tailored markets and promotions.

Beyond the big four U.S. sports, bet365 offers a deep lineup that includes soccer, tennis, MMA, rugby, darts, and more — giving bettors unmatched variety.

App Store Rating: 4.6 (iOS) | 2.1 (Android)

Key Takeaway: A clean, user-friendly app packed with betting options and competitive odds.

Best Feature: Personalized display

Tennessee Welcome Bonus: Bet $5, Get $200 in Bonus Bets — Win or Lose

Use bonus code LSRBET to claim your offer.

 

3. BetMGM Tennessee

As one of the first four sportsbooks to launch in Tennessee, BetMGM remains a staple of the state’s online betting scene. The operator even partnered with the Tennessee Titans during the 2023-24 NFL season to promote responsible gambling initiatives.

BetMGM impresses with a wide array of betting options, covering both major and niche sports like rugby, snooker, and darts. The BetMGM Rewards Program lets users accumulate points redeemable for bonus bets, perks, and exclusive experiences — making it one of the most engaging loyalty systems on the market.

While the platform could benefit from minor performance improvements, its intuitive parlay builder and competitive welcome bonus keep it near the top for Tennessee bettors.

App Store Rating: 4.8  (iOS) | 4.4  (Android)

Key Takeaway: Huge range of betting markets with a rewarding loyalty program.

Best Feature: Easy Parlay Builder

Welcome Bonus: Get up to $150 in Bonus Bets if your first wager loses — use code PLAYLSR.

4. Fanatics Sportsbook Tennessee

Tennessee was among the first two states (alongside Ohio) to experience the Fanatics Sportsbook beta before its full launch in August 2023.

Although still evolving — with some users reporting occasional lag — the Fanatics Sportsbook app stands out with innovative features like FanCash, its built-in rewards currency. Users earn FanCash on every bet, which can be redeemed for bonus bets or merchandise through the Fanatics retail store.

Another highlight is the “Discover” page, which curates a personalized experience showcasing trending bets, rewards, and promotions tailored to each user’s activity.

App Store Rating: 4.7  (iOS) | 3.5  (Android)

Key Takeaway: A promising new app offering unique rewards and personalization.

Best Feature: FanCash loyalty system

Welcome Offer: Bet and Get Up to $2,000 in No-Sweat Bets

5. Hard Rock Bet Tennessee

The Hard Rock Bet app combines style and performance, delivering a sleek, music-inspired interface true to the brand’s identity — but with substance that goes beyond looks.

Bettors can enjoy flex parlays, same-game parlays, and a strong menu of competitive odds. Beyond its sign-up perks, Hard Rock keeps regular users engaged with frequent promotions, loyalty rewards, and even a status-match program for players switching from other sportsbooks.

App Store Rating: 4.8  (iOS) | 4.4  (Android)

Key Takeaway: A visually striking app with great promos and player-focused features.

Best Feature: Flex Parlays

Welcome Bonus: Bet $5, Get $150 in Bonus Bets if your first wager wins.

6. Caesars Sportsbook Tennessee

Caesars Sportsbook brings the prestige of its casino brand to Tennessee’s online sports betting scene. With a strong lineup of regular promotions, competitive odds, and the industry-leading Caesars Rewards Program, users can earn points for wagering and redeem them for bonus bets, hotel stays, dining, and entertainment at Caesars properties nationwide.

While the app’s design is straightforward rather than flashy, it’s reliable, intuitive, and backed by one of the best customer-rewards systems in the business. Navigation could be refined slightly, but the overall user experience is solid.

App Store Rating: 4.6  (iOS) | 4.3 (Android)

Key Takeaway: Strong promos, great rewards, and trustworthy service.

Best Feature: Caesars Rewards loyalty program

 

Tennessee Sportsbook Timeline: From Launch to Today

First Sportsbooks to Launch in Tennessee (2020)

Tennessee made history as the first online-only sports betting state in the U.S., and four operators were ready on day one.

BetMGM, DraftKings, FanDuel, and Tennessee Action 24/7 were the first sportsbooks to submit their applications, giving them an early advantage in the Volunteer State. All four officially went live on November 1, 2020, coinciding perfectly with NFL Week 8 kickoff.

New Entrants in 2021

Caesars Sportsbook was next to enter the Tennessee market, launching on March 11, 2021, followed closely by WynnBET Sportsbook on April 30. However, in August 2023, WynnBET announced it would cease operations in most U.S. jurisdictions — including Tennessee — and has since stopped accepting wagers in the state.

PENN Entertainment (operating the Barstool Sportsbook at the time) joined the action on September 8, 2021, just one day before the start of the NFL regular season, adding another major name to the growing list of licensed Tennessee operators.

Sportsbooks Joining Tennessee in 2022

The new year kicked off with Wagr, a social-focused betting app, going live on January 20, 2022.

Shortly after, Fubo Sportsbook — the sports betting arm of FuboTV — received approval from the Sports Wagering Advisory Committee (SWAC) on February 10, 2022, setting the stage for its eventual launch.

 

On March 10, 2022, the SWAC approved three additional operators: Bally Bet Sports & Casino, Gamewise (Betly), and Fubo Sportsbook.

• Betly officially launched on August 16, 2022.
• Bally Bet and Fubo Sportsbook were expected to follow, though both faced delays before their eventual rollout.

 

Meanwhile, ZenSports, a peer-to-peer sports betting app, had been exploring entry into Tennessee since 2020. After securing $2.4 million in funding for its license and launching in Nevada, ZenSports renewed its efforts to join the Tennessee market — which it eventually achieved in 2023.

 

Hard Rock Bet rounded out 2022’s additions, officially launching on September 6, 2022, becoming the 11th licensed sportsbook in the state.

 

Sportsbooks Joining Tennessee in 2023

Tennessee’s market growth slowed slightly in 2023, but three notable sportsbooks still made their debut:

• ZenSports officially launched on June 8, 2023, after a long approval process.
• Fanatics Sportsbook and ESPN BET both entered later in the year, generating excitement among bettors but not yet challenging market leaders FanDuel and DraftKings for dominance.

 

Sportsbooks Joining Tennessee in 2024

Bally Bet Sports & Casino finally went live on October 17, 2024, after multiple delays, expanding Tennessee’s competitive sportsbook landscape even further.

 

Sportsbooks Joining Tennessee in 2025

The momentum continued in 2025 as bet365 officially launched on March 16, 2025, bringing its internationally recognized platform and premium betting features to Tennessee bettors.

 

Potential Future Operators

One major brand still missing from the Volunteer State lineup is BetRivers, which has yet to secure approval for a Tennessee launch — though it remains a strong candidate for future market entry.

 

Daily Fantasy Sports (DFS) in Tennessee

Before legal sports betting took off, Daily Fantasy Sports (DFS) platforms provided Tennessee fans with one of the first interactive real-money sports experiences.

Today, leading DFS sites like PrizePicks, Betr, OwnersBox, Sleeper, and Underdog Fantasy continue to thrive, offering unique pick’em and player-prop style contests. As the state’s sports fandom grows, DFS remains a popular alternative to traditional wagering.

 

New Face in Town: Dabble Fantasy Arrives in Tennessee

Tennessee recently welcomed Dabble Fantasy, a next-generation DFS platform redefining the Pick’em-style fantasy experience.

Known for its social-first approach, Dabble combines real-money contests with interactive community features — allowing users to:

• Share and copy plays (stake amounts remain private).
• Cheer for friends and other players.
• Exchange reactions and comments in real time.

 

Players can also keep their profiles private or public, offering flexibility in how they engage.

Now live in Tennessee, Dabble gives users multiple ways to play — from high-stakes pick’em contests to custom player prop combinations — all within an engaging, community-driven environment.

New users can also unlock a welcome bonus by signing up with a Dabble promo code, making it easier than ever to join the action.

 

Land-Based Sportsbooks in Tennessee

Tennessee made history as the first state in the U.S. to legalise online-only sports betting. With no brick-and-mortar casinos or horse racing tracks, the state’s decision to launch a mobile-exclusive sports betting model was both practical and forward-thinking.

However, this approach means that Tennessee does not have any physical, land-based sportsbooks — and none are expected to open in the foreseeable future. Unlike other states such as Virginia, which introduced casinos alongside sports betting, Tennessee chose to remain entirely mobile-focused, building a digital-first betting market instead of investing in retail infrastructure.

Despite the absence of retail venues, Tennessee’s sports betting market continues to thrive. In fact, trends from other established markets — such as New Jersey, where over 80% of wagers are placed online — suggest that online betting remains the preferred method for most bettors. Tennessee’s mobile-only model aligns perfectly with this national trend, offering convenience, accessibility, and scalability without the need for in-person betting locations.

Tennessee Sports Betting Laws and Regulations

The U.S. Supreme Court’s 2018 decision to lift the federal ban on sports betting paved the way for states to regulate the industry individually. Although Tennessee did not act immediately, momentum built the following year, and a sports betting bill successfully passed through the state Legislature in 2019.

Sports betting officially became legal in June 2019, but it wasn’t until November 2020 that the first online sportsbooks launched, following the establishment of detailed rules and regulatory guidelines.

Key Highlights of Tennessee Sports Betting Law

• Tax Rate: The state imposes a 20% tax on gross gaming revenue.

• License Fees: Operators must pay an annual licensing fee of $750,000.

• Online-Only Market: Tennessee allows online sports betting only, with no retail sportsbooks permitted.

• Hold Requirement: Sportsbooks must maintain a minimum 10% hold on all wagers.

• Banking Restrictions: Bettors cannot fund accounts using credit cards. Deposits made from outside Tennessee and used for in-state betting are also prohibited.

• 2023 Tax Update: As of April 2023, Tennessee adopted a 1.85% tax on handle (total monthly bets) instead of taxing operator revenue.

Tennessee Sports Betting Restrictions

Tennessee allows wagering on college sports, including bets on in-state teams such as the Tennessee Volunteers and Memphis Tigers — two of the most popular choices among local bettors. However, the state prohibits proposition bets (prop bets) on individual college athletes or specific team performances, maintaining stricter regulations for amateur competitions.

As with all forms of wagering, responsible gambling is strongly encouraged. Bettors are urged to set limits, wager within their means, and use available responsible gaming resources offered by Tennessee sportsbooks to promote safe and enjoyable betting experiences.