Best Tennessee Sportsbooks | Guide to Tennessee Sports Betting 2024

DraftKings Tennessee originally made its name in daily fantasy sports. Then, it parlayed that huge user base and name recognition into a successful juggernaut.

DraftKings App's NFL player prop bets and overall futures bets often dwarf the competition, making it the perfect place for locals to bet on the Tennessee Titans.

BetMGM Tennessee is making a name for itself in the Volunteer State. For example, they are the only Tennessee sportsbook to pay out in full on ties for golf finishing position bets. 

Perhaps most importantly, BetMGM Sportsbook is known for its generous welcome bonuses and player promotions. Players can also benefit from exclusive bonuses by using our BetMGM bonus code. 

Also capitalizing on its large user base like DraftKings, FanDuel Tennessee allows players to combine wallets for sports betting and DFS, which is a nice bonus.

FanDuel Sportsbook consistently receives rave user reviews on both the Apple App Store and the Google Play Store.

Based in Nashville, Action 247 is the only in-state-owned-and-operated Tennessee sportsbook. As such, it's our top option for betting on in-state teams, including the Nashville Predators and Memphis Grizzlies, not to mention the Tennessee Volunteers.

All in all, there are 12 Tennessee sportsbooks available online. These are our other top recommended options:

• Betly Tennessee
• Caesars Sportsbook Tennessee
• Fanatics Sportsbook Tennessee
• ESPN BET Tennessee
• Hard Rock Bet Tennessee
• SuperBook Tennessee
• Wagr (currently offline)
• Zen Sports

By signing up to multiple Tennessee sportsbooks, bettors can collect multiple bonuses and, more importantly, shop around for the best odds.

Among the deposit methods you will find at TN sportsbooks are Play+, e-wallets such as PayPal, bank transfer, ACH, and credit and debit cards. 

Be aware, though, that some financial institutions still block credit card transactions while others may charge fees.

Bettors at Tennessee sportsbooks can make all the popular wagers on sports both major (NFL, NBA, MLB, NHL, college football and college basketball) and minor (motorsports, UFC, boxing, tennis, golf). You can bet on the Tennessee Titans, Memphis Grizzlies, Nashville Predators, Tennessee Volunteers and more. 

Those bets include but are not limited to:

• Point spread: A bet on a team to cover the spread, whatever the number is. If the Titans are 3-point favorites against the Indianapolis Colts, Titans bettors win as long as their team wins by more than a field goal.
• Moneyline: These are bets on a team or player to win outright. There is no spread or handicap involved, and favorites are represented by negative odds such as -180 while underdogs have plus odds. If you bet a -140 favorite, you would risk $140 to win $100. If you bet a +140 underdog, you would win $140 for every $100 wagered.
• Total: Oddsmakers set a number for total points combined in a game and a bettor must pick whether the actual total will go over or under it.
• Prop bets: Extremely popular bets that are not tied to the final outcome of the game or match. Both player and team props are typically available for pro sports, but player props are not available for college sports in Tennessee. An example of a player prop would be the first player to score a TD in a football game. A team prop might be which NBA team will have the most 3-pointers.
• Futures: Futures bets are long-term wagers on how a player or team will do on the season. Typically the odds are available well before a season starts and savvy bettors can find value in longshots at that time before odds shorten during a season. Examples of futures bets would be betting before or during the season on who will win the Super Bowl or the NBA MVP.
• Parlay: A parlay is the combining of non-related bets. The more bets in a parlay, the greater the payout, but also the greater the risk as any one loss in your parla makes the entire bet a loser. You can combine any number of moneyline, spread, total and even prop bets into a parlay.
• Teaser: A form of a parlay, except bettors improve each leg in their favor by a certain number of points in exchange for lower odds.
• Live betting: In-game betting is not only fun, it is extremely popular. Once a game starts, odds will be constantly updated depending on what is happening in the game. If a -240 favorite falls behind big early, its odds might spike to -110. A bettor who feels the team will rally could grab those odds at less risk than if they had bet on the team before the game started. Live betting also includes wagering on in-game events such as next touchdown scorer or if a player will hit a home run.

Tennessee is unique in that it only allows for mobile sports betting. There are no brick-and-mortar Tennessee sportsbooks, so all legal sports betting must be one via Tennessee betting apps or online sites.

You do not need to live in-state to bet at online Tennessee sportsbooks but you must be physically within state borders to place a bet. Online Tennessee sports betting sites use geolocation software to make sure you are allowed to wager.

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Tennessee sports betting has been legal online since 2019 and live since 2020. The Tennessee legislature approved a sports betting bill in the spring of 2019, and Gov. Bill Lee, who is opposed to sports betting, allowed the bill to become law without his signature on July 1, 2019.

The state finalized regulations a full year later in April 2020, but due to the COVID-19 pandemic, the first legal sports bet in the state was not placed until Nov. 1, 2020, when four Tennessee sportsbooks launched online.

The Tennessee Sports Gaming Act, which became law on July 1, 2019, did so without Gov. Bill Lee’s signature. Lee opposed online sports gambling, saying it was not "in the best interest of the state."

You can bet on in-state college teams in Tennessee, which isn’t the case in every state. You cannot, however, live bet on college football and college basketball, and there are no college player props.

As part of its rules, Tennessee imposed a mandatory 10% hold, which means bettors could be paying more juice on every bet than they would in almost any other legal sports betting states. 

Officials said they would revisit the rules after one year to see if there has been a deleterious impact.

Tennessee sportsbooks take responsible gambling very seriously. Bettors should always seek help if they are gambling more than they can afford to lose or believe they have a problem. 

If you believe you have a sports betting addiction, you can call or text the Tennessee Redline, a 24-hour hotline, at 1-800-889-9789. You can also choose to self-exclude, and Tennessee sportsbooks will prevent you from wagering for a set period of time.