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🏈 How the quiz finds your best Tennessee sportsbook match 🏈
Top Tennessee sports betting sites & promos
🏈 Tennessee sports betting legal status
❓ Is sports betting legal in Tennessee? Yes, online sports betting is fully legal in Tennessee. The state launched its sports betting market on November 1, 2020, making it one of the few states to offer online-only wagering without any retail sportsbooks.
🔍 Topic | ✅ Status |
|---|---|
🏛️ Are retail sportsbooks legal? | No – Tennessee is an online-only market with no retail sportsbooks. |
📱 Is online sports betting legal? | Yes – Available through licensed mobile apps statewide. |
🧾 Launch date | November 1, 2020 |
🏟️ Number of licensed operators | 12+ online sportsbooks |
🛡️ Regulating authority | Tennessee Sports Wagering Council (now under the Sports Wagering Advisory Council) |
🧒 Legal sports betting age | 21+ |
⭐ Top legal sportsbooks | FanDuel, DraftKings, BetMGM, Caesars, bet365, ESPN BET |
List of sportsbooks in Tennessee
Below is a list of all Tennessee sportsbooks currently active in April 2025.
Ranking | Tennessee Sportsbook | Best for | App Rating (iOS) | Payout Speed | Welcome Bonus | Top Extra Feature |
|---|---|---|---|---|---|---|
1 | Caesars Sportsbook | Best welcome bonus and most odds boosts | 4.7 | 1–3 days | First bet offer up to $1,000 | Odds boosts and Caesars Rewards |
2 | FanDuel | Best betting app and great mobile experience | 4.8 | 1–2 days | Bet $5, Get $150 in bonus bets | Top-rated app and Same Game Parlays |
3 | BetMGM | Best for parlay betting and banking | 4.8 | 1–3 days | Up to $1,500 back in bonus bets | Parlay Plus and BetMGM Rewards |
4 | DraftKings | Best overall sportsbook, DFS and free pools | 4.8 | 1–5 days | Bet $5, Get $150 instantly | Free-to-play pools and DFS integration |
5 | ESPN BET | Great bet selection and re-branded Barstool Sportsbook | 4.6 | 1–3 days | First bet reset up to $1,000 + 200% deposit match | Backed by ESPN brand |
6 | Hard Rock Bet | Superb live betting and regular free-to-play games | 4.5 | 1–3 days | Up to $100 in bonus bets | Live betting and daily challenges |
7 | Betly | User-friendly platform and daily boosts | 4.2 | 1–3 days | Varies by promotion | Simple interface and state-specific offers |
8 | SuperBook Sportsbook | Many promotions | 4.3 | 1–3 days | Bonus up to $250 | Odds boosts and weekly promos |
9 | Action 24/7 | Best for big event specials and small Tennessee sportsbook | 4.1 | 1–2 days | Local Tennessee promos | Tennessee-owned and operated |
10 | Wagr | Best for social betting and unique social features | 4 | 1–2 days | Invite friends and earn bonus bets | Peer-to-peer betting with social twist |
11 | Fanatics Sportsbook | Reputable brand | 4.7 | 1–3 days | Up to $1,000 in No Sweat Bets | FanCash rewards and NFL live streaming |
12 | ZenSports | Peer-to-peer betting | 4 | 1–3 days | No current bonus | P2P betting and reduced vig |
13 | Bally Bet | Coming soon | N/A | N/A | N/A | N/A |
14 | TwinSpires | Now focused only on horse racing | N/A | N/A | N/A | N/A |
Tennessee betting sites reviewed
Tennessee bettors have access to a competitive and growing online sports betting market.
With no retail sportsbooks allowed, the experience relies entirely on the quality of each platform’s mobile and web offerings.
We’ve reviewed the top legal Tennessee sportsbooks based on key factors like deposit and withdrawal speed, app performance, bonuses, market variety, and customer support.
Our top picks for Tennessee in April 2025 are:
DraftKings Sportsbook Tennessee – Best for daily fantasy integration and overall value
FanDuel Sportsbook Tennessee – Best for user experience and parlay building
Caesars Sportsbook Tennessee – Best for welcome bonuses and ongoing odds boosts
BetMGM Sportsbook Tennessee – Best for flexible banking and parlay variety
ESPN BET Tennessee – Best for betting variety and fresh, personality-driven offers
Fanatics Sportsbook Tennessee – Best for NFL fans and merchandise rewards
Hard Rock Bet Tennessee – Best for live betting and intuitive design
Action 24/7 Tennessee – Best for local flair and Tennessee-based promos
SuperBook Sportsbook Tennessee – Best for sharp odds and niche promos
Wagr Tennessee – Best for social betting with peer-to-peer features
Betly Tennessee – Best for simplicity and bonus consistency
Each platform listed here is fully licensed by the Tennessee Sports Wagering Council and was tested by our team using verified real-money accounts.
Below, we break down what makes each sportsbook stand out.
1. DraftKings - Best Tennessee sports betting site for beginners
DraftKings overview
App store rating | 4.8 (iOS), 4.7 (Android) |
Payout speed | 1-5 days |
Promo offer | Bet $5, Get $150 Instantly |
Live streaming | Yes |
States active | AZ, CO, CT, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NH, NJ, NY, NC, OH, OR, PA, TN, VT, VI, WV, WY |
Number of sports | 25+ |
Customer support | Twitter, 24/7 live chat, email: [email protected] |
Minimum deposit | $5 |
Year founded | 2012 |
Casino | Yes |
Payment methods | Visa, Mastercard, PayPal, VIP preferred check, eChecks, Venmo, Online banking, Wire transfer |
DraftKings sportsbook video review
Summary
DraftKings is the best sportsbook for beginner bettors in Tennessee, offering a user-friendly platform and a mobile app rated 4.8/5 on the App Store.
The app provides easy navigation, fast withdrawal processing within 24-48 hours, and competitive odds on popular sports like the NFL, NBA, and college football.
New users can claim a $200 bonus in bets after placing a $5 wager, while loyal players enjoy the benefits of the Dynasty VIP Club, which includes cashback, bonus bets, and personalized rewards.
DraftKings focuses on creating a straightforward and enjoyable betting experience for new users with its intuitive design and helpful features.
Its reliability, engaging promotions, and beginner-friendly interface make DraftKings the top choice for Tennesseans looking to start betting.
To learn more, read our extensive expert review of DraftKings.
I turned to DraftKings for their NFL betting and was impressed by the instant payouts—much faster than any other platform I’ve used. The integration with my bank account was seamless, making the process hassle-free.
DraftKings excels with its fast withdrawals and extensive betting markets. Their odds boosts and loyalty rewards are some of the best in the industry, offering real value for regular users.
While they could improve the speed of applying promotions, DraftKings’ overall reliability and strong customer service make it a top choice for serious bettors.
Feature | SmartStake score |
|---|---|
Customer support 📞 | 4/5 |
Deposits + payouts 💵 | 4/5 |
Usability 🔧 | 4/5 |
Mobile betting 📱 | 5/5 |
Bonuses + promos 💰 | 4/5 |
Live play 📺 | 4/5 |
DraftKings pros and cons
- Exclusive VIP program that really rewards loyal customers
- Speedy banking methods that will not keep you waiting
- Competitive odds to offer its users
- The sportsbook does ask for high wagering requirements, which can be off-putting to those looking to bet smaller amounts
- Customer support can be slow at times when we tried to get in touch during testing but we did have access to a representative eventually
2. Caesars Sportsbook - Best Tennessee sportsbook for sports selection
Caesars Sportsbook overview
App store rating | 4.7 (iOS), 4.3 (Android) |
Payout speed | 1-3 days |
Promo offer | $1000 First Bet with Caesars |
Live streaming | Yes |
States active | AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, MS, NC, NJ, NY, NV, OH, PA, TN, VA, WV, WY (+ DC) |
Number of sports | 20+ |
Customer support | Twitter, live 24/7 chat, email: [email protected] |
Minimum deposit | $10 |
Year founded | 1966 |
Casino | Yes |
Payment methods | Visa, Mastercard, NETELLER, PayPal, ACH Transfer, Discover, AMEX, PayNearMe, Skrill |
Caesars Sportsbook video review
Summary
Caesars Sportsbook is a leading choice for sports selection, serving over 65 million users nationwide, showcasing its focus on delivering a top-tier experience.
Tennessee bettors can access an extensive range of sports, including popular leagues like the NFL, NBA, and MLB, as well as niche options like cricket and table tennis.
Each game offers hundreds of betting markets, such as spreads, moneylines, props, and parlays, catering to various betting preferences.
The platform includes live NFL streaming, enabling users to watch games in real-time and place informed bets during key matchups.
Caesars prioritizes comprehensive sports coverage and flexible betting options, giving users the freedom to tailor their experience.
With its diverse offerings and user-friendly features, Caesars stands out as a top sportsbook for Tennessee sports fans.
Learn more through our detailed Caesars Sportsbook review.
As someone who has tested numerous betting platforms, I was intrigued by Caesars Sportsbook’s sign-up bonus—matching my deposit immediately was a strong start. However, I quickly noticed that losing parlays lingered in the active bets section far too long, which cluttered the interface and made managing my bets less efficient.
Caesars stands out in the competitive sportsbook market with its top-tier promotions and odds boosts, which are consistently among the most attractive I've encountered. These perks provide real value and make the platform worth considering, especially for serious bettors.
While Caesars excels in promotions, the app’s interface and functionality lag behind some of its competitors. Issues like the delayed removal of settled bets and occasional technical glitches can hinder the betting experience.
Feature | SmartStake score |
|---|---|
Customer support 📞 | 4/5 |
Deposits + payouts 💵 | 4/5 |
Usability 🔧 | 4/5 |
Mobile betting 📱 | 4/5 |
Bonuses + promos 💰 | 4/5 |
Live play 📺 | 4/5 |
Caesars Sportsbook pros and cons
- Caesars has a great selection of sports to bet on, including very popular sports like baseball and football but also sports like table tennis, giving you a great range of options
- NFL live streaming, which we found alongside the great selection to be an excellent feature for the user
- A swift payout service. There were no issues with payouts and everything was very smooth
- Customer service could have been better and more responsive. Long waits when making a query which led to some frustration
- Mobile betting is not as good as other top sportsbooks. The layout and click response were a little clunky
3. BetMGM - Best TN sportsbook for mobile betting
BetMGM overview
App store rating | 4.8 (iOS), 4.5 (Android) |
Payout speed | 1-3 days |
Promo offer | $1500 Back In Bonus Bets |
Live streaming | Yes |
States active | AZ, CO, IN, IA, IL, KS, KY, LA, MD, MI, NC, NJ, OH, PA, TN, VA, DC, WV, WY |
Number of sports | 20+ |
Customer support | Twitter, 24/7 live chat, email: support.[state intials]@betmgm.com |
Minimum deposit | $10 |
Year founded | 2018 |
Casino | Yes |
Payment methods | Visa, Mastercard, Discover, AMEX, PayPal, Skrill, PayNearMe |
BetMGM sportsbook video review
Summary
BetMGM is the top sportsbook for mobile betting, offering a highly rated app with a 4.8/5 score on the App Store and over 1 million downloads nationwide.
The app features an intuitive design, smooth navigation, and advanced tools, making it simple for Tennessee bettors to place bets anytime, anywhere.
BetMGM allows extensive customization, enabling users to tailor their experience for maximum comfort and convenience.
The platform provides a wide range of betting markets, including live betting, parlays, and player props, catering to all types of bettors.
It also offers 24/7 customer support through live chat and email, ensuring users get help when they need it.
With its advanced mobile functionality, diverse betting options, and strong customer service, BetMGM is the best choice for mobile betting in Tennessee.
Learn more about the sportsbook with our BetMGM review, written and updated by our expert team.
I signed up for BetMGM, attracted by their generous deposit bonus which matched my $500 deposit with another $500. I was initially cautious after reading some negative reviews, but my experience turned out to be smooth.
BetMGM’s daily odds boosts add significant value, making them a strong contender despite their standard sports odds. Their casino games are particularly robust, offering a great variety for those who like to mix up their betting.
The app is user-friendly and reliable, with quick deposit and withdrawal processes. However, the absence of horse racing is a minor drawback.
Feature | SmartStake score |
|---|---|
Customer support 📞 | 4/5 |
Deposits + payouts 💵 | 3/5 |
Usability 🔧 | 4/5 |
Mobile betting 📱 | 4/5 |
Bonuses + promos 💰 | 4/5 |
Live play 📺 | 4/5 |
BetMGM pros and cons
- The mobile betting experience is excellent, allowing for personalization and easy navigation
- Customer service was superb in our opinion and we had no issues getting in contact to solve any issues we had
- Whilst most withdrawals were not a problem, some did take a bit of time coming back into the bank account
4. FanDuel - Best TN betting site for promos and bonuses
FanDuel overview
App store rating | 4.9 (iOS), 4.5 (Android) |
Payout speed | 1-5 days |
Promo offer | |
Live streaming | Yes |
States active | AZ, CO, CT, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY |
Number of sports | 20+ |
Customer support | Twitter, 24/7 live chat, email: [email protected] |
Minimum deposit | $10 |
Year founded | 2009 |
Casino | Yes |
Payment methods | Visa, Mastercard, Discover, AMEX, PayPal, Skrill, PayNearMe, online banking, Venmo, Wire Transfer, PayNearMe |
FanDuel sportsbook video review
Summary
FanDuel is the leading sportsbook for promotions and bonuses, offering Tennessee bettors a variety of rewards to enhance their betting experience.
New users can take advantage of a no-sweat first bet up to $1,000, while existing users enjoy daily parlay boosts, "bet-and-get" deals, and free-to-play contests like the $10,000 weekly trivia challenge.
FanDuel customizes promotions specifically for Tennessee, including Titans-themed bonuses during the NFL season, ensuring local relevance and added value.
Both new and loyal users benefit from ongoing rewards, with consistent loyalty promos designed to keep bettors engaged.
FanDuel’s competitive odds and frequent bonuses make it a standout sportsbook in Tennessee.
Its tailored deals and rewarding offers provide exceptional value for bettors in the state.
To learn more, read our extensive FanDuel review.
I was immediately impressed by FanDuel’s odds, especially when I placed a 6-leg NFL parlay. The difference in potential payout compared to other platforms was staggering—FanDuel offered nearly five times the return, which confirmed its value for maximizing profits.
FanDuel’s higher payouts on parlays and the flexibility in adjusting spreads make it an essential tool for serious bettors. Their early cash-out feature is particularly useful for managing risk, allowing more strategic control over wagers.
Despite its strengths in odds and market variety, FanDuel could enhance its offering by improving customer loyalty promotions and streamlining the app’s interface. However, the platform’s fast withdrawals and consistent market fairness position it as a top contender in the betting industry.
Feature | SmartStake score |
|---|---|
Customer support 📞 | 4/5 |
Deposits + payouts 💵 | 4/5 |
Usability 🔧 | 4/5 |
Mobile betting 📱 | 4/5 |
Bonuses + promos 💰 | 4/5 |
Live play 📺 | 3/5 |
FanDuel pros and cons
- A vast and competitive selection of bonus and promo offers that reward both new customers and loyal customers
- Along with the bonuses and promos, FanDuel also offered excellent odds pricing
- State-specific promos offer customers a great selection of opportunities for betting
- Withdrawals were slow, we found, and often took longer than other top sportsbooks
- FanDuel lacks a loyalty program that so many other sportsbooks offer to their customers
5. Fanatics Sportsbook - Best TN gambling site for rewards program
Fanatics overview
Year founded | 2023 |
Banking options | PayPal, Online Bank Transfer, Apple Pay |
Languages | English |
License | New Jersey Division of Gaming Enforcement, Michigan Gaming Control Board, Virginia Lottery, West Virginia Lottery |
Sports Available | Motor Sports, Baseball, Basketball, Football, Soccer, Tennis, + 6 others |
Bonuses | Up to $1000 in bonus bets |
Mobile app | Android & iOS |
Restricted states | 39 |
Allowed states | AZ, CO, CT, IN, IL, IA, KS, KY, MA, MD, MI, NJ, NY, NC, OH, PA, TN, VT, VA, WV |
Summary
Fanatics Sportsbook is a newcomer to the online betting scene but has quickly made a name for itself with innovative features and rewards tailored for bettors in Tennessee.
The platform’s standout FanCash rewards program allows users to earn FanCash with every wager, which can be redeemed for bonus bets or exclusive sports merchandise from Fanatics’ extensive catalog.
The mobile app delivers a user-friendly experience with features like live betting, early cash-out options, and live streaming for select events, making it ideal for Tennessee sports fans.
New users in Tennessee can take advantage of a welcome bonus of up to $1,000 in bonus bets, distributed over 10 days to maximize their experience.
As Fanatics continues to expand across multiple states, its potential to become a top sportsbook in the U.S. grows.
With its robust rewards program and advanced mobile features, Fanatics is an excellent option for Tennessee bettors.
To learn more, read our detailed expert review of Fanatics.
I was intrigued by their generous refer-a-friend bonus—$50 each, plus 500 free spins just for signing up. I decided to dive in during an NFL weekend and found the variety of props and live betting options impressive. I did encounter a minor glitch while setting up a parlay, but it didn’t affect my overall experience.
Fanatics Sportsbook has quickly become one of my favorites, especially because of their tailored daily bonuses. The $10 daily bonus to play on any game is a standout feature, far surpassing what other platforms offer. The quick and hassle-free withdrawals further cemented my confidence in this site.
While the platform offers a great range of sports and props, there are occasional interface glitches when creating parlays. However, their customer support is responsive and resolves issues swiftly.
Feature | SmartStake score |
|---|---|
Customer support 📞 | 4/5 |
Deposits + payouts 💵 | 4/5 |
Usability 🔧 | 5/5 |
Mobile betting 📱 | 5/5 |
Bonuses + promos 💰 | 4/5 |
Live play 📺 | 4/5 |
Fanatics pros and cons
- Generous FanCash rewards program
- Live betting and streaming available
- Quick transaction processing
- No phone support for customer service
How we rate & rank Tennessee betting sites
Our goal is to provide you with objective, unbiased reviews of Tennessee sports betting sites, making it easy to understand their strengths and weaknesses.
We use a consistent set of nine criteria to evaluate each platform, ensuring that you can compare them effectively and easily:
Safety: We verify if the sportsbook holds a Tennessee state license and review its operating history, ensuring your money is secure. We also highlight any specific safety features.
Mobile betting app: We evaluate the app's layout, functionality, user experience, unique features, and ease of placing bets.
Web betting site: We test the website's features, identify pros and cons, and assess customization options and the bet placement process.
Deposits & withdrawals: We review the range of payment methods, ease of transactions, associated fees, and processing times for deposits and withdrawals.
Markets: We examine the variety of sports available for betting and compare the quality and breadth of markets across US sportsbooks.
Pre-match betting: We assess the user-friendliness and versatility of pre-match betting features.
In-play betting: We evaluate the live betting experience, including the quality of live markets and usability.
Welcome incentive: We detail current sign-up bonuses and compare them to those offered by other betting sites in the US.
Customer service: We test the quality of customer service, including live chat response times and support effectiveness.
We download and use every betting site ourselves, using our own money to test the quality, to make sure the site is good enough for our readers to use.
Scoring & overall rating
Each criterion is scored on a points system, which is then converted into a star rating.
We average these scores to provide an overall rating for each legal sportsbook, making it easier for you to decide which one best meets your needs.
With our thorough and clear reviews, you can trust that you are getting an honest assessment, free from personal bias.
You can view our dedicated page for more information on how we test and review sportsbooks.
Additionally, you can view all of our sportsbook reviews.
What is the best Tennessee sports betting app for iPhone?
Ranking | TN betting app | App Store rating | No. of reviews |
|---|---|---|---|
1 | FanDuel | 4.9 | 1,507,443 reviews |
2 | DraftKings | 4.8 | 749,091 reviews |
3 | BetMGM | 4.8 | 217,259 reviews |
4 | Caesars Sportsbook | 4.7 | 69,000 reviews |
What is the best Tennessee sports betting app for Android?
Ranking | TN betting app | Google Play rating | No. of reviews |
|---|---|---|---|
1 | FanDuel | 4.6 | 291,178 reviews |
2 | DraftKings | 4.6 | 156,158 reviews |
3 | BetMGM | 4.5 | 30,539 reviews |
4 | Caesars Sportsbook | 4.3 | 26,075 reviews |
Are there any land-based Tennessee sportsbooks?
No, there are no land-based sportsbooks in Tennessee.
Sports betting in the state is only available online, and there are no plans to introduce retail sportsbooks.
All betting must be done through legal online platforms regulated by the Tennessee Education Lottery Corporation (TEL) and the Sports Wagering Advisory Council (SWAC).
🏈 Tennessee sports betting guide
Is sports betting legal in Tennessee?
Yes, sports betting is legal in Tennessee under specific conditions.
You must be over 21 years old and place bets exclusively at legal online sportsbooks, as retail sportsbooks are not permitted in the state.
The industry is regulated by the Sports Wagering Advisory Council (SWAC), which provides recommendations, and the Tennessee Education Lottery Corporation (TEL), which oversees licensing and enforcement.
Sports betting was legalized in June 2019, following the US Supreme Court's decision to allow states to legalize sports betting in 2018, and online sportsbooks launched in November 2020.
Key regulations include a 20% tax on gross gambling revenue, a $750,000 annual licensing fee, a mandatory 10% hold on all wagers, and restrictions on funding accounts with credit cards.
Additionally, in 2023, Tennessee implemented a 1.85% tax on the total amount wagered each month, rather than on revenue, to further regulate the industry.
🏁 How to start betting in Tennessee
Getting started with sports betting in Tennessee is simple. The state is mobile-only, so there’s no need to visit a physical sportsbook.
Here’s how to sign up and place your first legal bet:
✅ 1. Pick a legal Tennessee sportsbook
Choose from trusted, licensed sportsbooks like FanDuel, DraftKings, Caesars, BetMGM, and more.
All operators are approved by the Tennessee Sports Wagering Council.
What to look for:
Highly rated apps (4.5+)
Fast and flexible banking
Welcome offers that fit your style
📝 2. Sign up for an account
Download the app or visit the sportsbook's website to register. You’ll need to provide:
Full name and address
Last 4 digits of your SSN for ID verification
Location services enabled (must be in Tennessee to bet)
Signup only takes a few minutes.
💳 3. Make a deposit
You can fund your account using:
Debit/credit cards
PayPal or Venmo
Online banking
Play+ prepaid cards
Most sportsbooks require a minimum deposit of $10, though some allow as little as $5.
🎁 4. Claim your welcome bonus
Tennessee sportsbooks offer new customer promos like bonus bets, bet insurance, or deposit matches.
✅ Tip: You can sign up with multiple sportsbooks and claim each welcome offer once.
🏈 5. Place your first bet
Browse sports like NFL, NBA, college football, or live in-game markets.
Choose your bet type:
Moneyline – Pick the winner
Point spread – Bet on margin of victory
Over/under – Wager on total points
Parlay – Combine multiple picks for bigger odds
Enter your wager amount and confirm to place your bet.
💰 6. Cash out your winnings
Withdraw safely using:
PayPal or Venmo (1–3 days)
Online banking or eCheck (2–5 days)
Make sure your account is verified to avoid delays.
📅 Tennessee Sports Betting Revenue (2024–2025)
Year | Month | Handle ($M) | Gross Revenue ($M) | Hold % | Taxes Collected ($M) |
|---|---|---|---|---|---|
2024 | January | 465.8 | 46.6 | 10 | 8.6 |
2024 | February | 380.4 | 38 | 10 | 7 |
2024 | March | 473.6 | 47.4 | 10 | 8.7 |
2024 | April | 380.9 | 38.1 | 10 | 7 |
2024 | May | 379.2 | 37.9 | 10 | 7 |
2024 | June | 342.2 | 34.2 | 10 | 6.3 |
2024 | July | 271.5 | 27.2 | 10 | 5 |
2024 | August | 342 | 34.2 | 10 | 6.3 |
2024 | September | 520.8 | 52.1 | 10 | 9.6 |
2024 | October | 547.8 | 54.8 | 10 | 10.1 |
2024 | November | 594.4 | 59.4 | 10 | 11 |
2024 | December | 569.8 | 57 | 10 | 10.5 |
2025 | January | 543.6 | 54.4 | 10 | 10 |
2025 | February | 413.5 | 41.4 | 10 | 7.6 |
2025 | March | 0 | 0 | 0 | 0 |
🚫 Tennessee sportsbooks to avoid
Not all betting sites that appear in your search results are safe to use. Some platforms target Tennessee players without proper licensing or oversight, putting your funds and data at risk.
Below are sportsbooks not licensed in Tennessee that you should avoid:
Offshore Sportsbook | Why to Avoid | Common Issues |
|---|---|---|
Bovada | Not licensed in Tennessee | No regulatory protection, delayed or denied withdrawals |
MyBookie | Unregulated offshore operator | Aggressive marketing, poor customer service |
BetOnline | Not authorized in the U.S. | No responsible gaming tools, unclear bonus terms |
SportsBetting.ag | Offshore and unlicensed | Limited support, unverified payment timelines |
XBet | Unregulated with no Tennessee license | Hidden fees, weak player protections |
BetNow | Serves U.S. players without a license | Complaints of frozen accounts and lost funds |
Why it matters
Only use sportsbooks licensed by the Tennessee Sports Wagering Council (SWC). These sites are required to:
Verify identity and location
Secure user data with encryption
Pay taxes to the state of Tennessee
Offer responsible gaming tools
Resolve disputes with help from regulators
Every site we recommend on this page is fully licensed and regulated in Tennessee.
How is Tennessee sports betting changing in 2025
Recent stats
Tennessee’s sports betting market continues its robust growth streak into 2025, with sportsbooks accepting $543.6 million in wagers in January—a 16% year-over-year increase and the fifth consecutive month with over half a billion in handle.
The privilege tax revenue for January 2025 exceeded $10 million, following a pattern set in late 2024, when the state collected over $10 million in privilege taxes for four out of five months.
Notably, Tennessee’s 2024 annual sports betting handle reached $5.265 billion, up 22.8% from 2023, and tax revenue for the year hit $97.2 million, a 16% increase.
For February 2025, despite a seasonal dip, the handle was $417.4 million—still 8.7% higher than February 2024.
Since July 2023, Tennessee has taxed sports betting at 1.85% of total handle, a unique approach compared to other states that tax adjusted gross revenue.
Sources: Tennessee Sports Wagering Council (SWC), Chattanooga Times Free Press, iGB
Sporting Post insights
Tennessee stands out as the largest “online-only” sports betting market in the U.S., with no retail sportsbooks and all activity conducted through digital platforms.
This structure has allowed rapid scaling and flexibility, but it also means the market is highly sensitive to digital trends, promotions, and regulatory shifts.
Recent months have seen an influx of aggressive welcome offers and new entrants—such as bet365 launching in March 2025—indicating fierce competition among the 11 active sportsbooks.
A less publicized but crucial development is the tightening regulatory environment.
Starting June 30, 2025, the Sports Wagering Council (SWC) will enforce stricter rules, including mandatory multi-factor authentication, enhanced fraud prevention, clearer responsible gaming protocols, and stricter conditions for voiding or canceling wagers.
These changes are a direct response to the market’s maturity and the need to protect both consumers and the integrity of the betting ecosystem.
One unique aspect of Tennessee’s market is the mandatory 10% hold requirement, which is higher than industry standards and means sportsbooks must retain at least 10% of total wagers annually.
This impacts bettors through less favorable odds but ensures consistently high tax revenue for the state. The SWC has the authority to revisit this rule in the near future, and its potential adjustment could significantly affect both operator margins and player returns.
Sources: Tennessee Sports Wagering Council, Hoodline
Sporting Post predictions
Continued Growth, But at a Slower Pace: While Tennessee’s sports betting handle has enjoyed double-digit growth for several years, the market is likely approaching a plateau. Expect continued year-over-year increases, but the rate will likely taper as the market matures and competition stabilizes.
Heightened Regulatory Scrutiny: The new SWC rules taking effect in mid-2025 will make Tennessee one of the most tightly regulated digital betting markets in the country. Operators will face increased compliance costs, and players will notice more robust account security and potentially slower withdrawal processes as anti-fraud measures ramp up.
Potential for Market Consolidation: With 11 active sportsbooks and aggressive promotional spending, some smaller operators may struggle to maintain market share. Expect possible exits or mergers, especially if the 10% hold requirement remains unchanged and promotional costs stay high.
Pressure to Revisit the 10% Hold: As more data accumulates and player feedback grows, the SWC may consider lowering the hold requirement to align Tennessee with national norms. This would improve odds for players but could reduce tax revenue, sparking debate among stakeholders.
Expansion of Betting Options: With the market’s digital nature, expect further innovation in live betting, micro-betting, and integration with fantasy sports platforms. However, Tennessee’s restrictions on in-play college sports props will likely remain.
2025 marks a turning point for Tennessee sports betting: the market is thriving, regulations are tightening, and the next phase will be defined by balancing growth, consumer protection, and competitive dynamics.
How to gamble responsibly in Tennessee
Before we end this article, we need to caution you to always bet responsibly.
To ensure you’re being cautious, betting sites implement various responsible gambling practices that will help you keep your betting habits in check.
Limits: Sportsbooks allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.
Cashouts: You can withdraw your winnings quite easily from any betting site. This prevents you from spending all of your winnings. There’s also the option for early cashout, so you can still get paid if the bet is starting to go sideways.
Help & resources: Betting sites provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.
To help, we created a 'how to bet on sports' guide, that helps new sports bettors understand the industry better, to play safer and more securely.
Responsible gambling organizations and charities in the US
Organization | Contact details |
|---|---|
Email: [email protected], Phone: 1-800-522-4700 | |
Email: [email protected], Phone: 020 7381 7722 | |
Email: [email protected], Phone: 1-888-532-3500 |
Frequently asked questions
How old do you need to be to bet in Tennessee?
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What are the Tennessee sports betting laws?
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What deposit and withdrawal methods do Tennessee sports betting sites offer?
What are the top Tennessee sports teams to bet on?
Do I need to be a resident to take part in sports betting in Tennessee?
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