Bettors won't find any retail sportsbooks in Tennessee, but 10 online sportsbooks — including DraftKings, FanDuel, and Caesars — are fighting for your business.
Top Tennessee sports betting promos
Features
- Some of the best live-betting odds.
- Great deposit options.
- Earn MGM Rewards from betting activity.
BetMGM Review
BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.
Features
Bet $1, Get 10x 100% Profit Boosts
New users only. Must use promo code. Min. $10 deposit. Max. additional winnings $2.5K per token. Tokens expire in 14 days. Void where prohibited. Full terms.
Features
- Earn Caesars Rewards from betting activity.
- Live streaming of NFL games.
- User-friendly mobile app.
Caesars Sportsbook Review
Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.
Features
Features
- Top-tier app experience.
- Same Game Parlays and SGP+.
- Extensive promos and odds boosts.
FanDuel Review
FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.
Features
Features
- Live in 21 states
- Extremely powerful brand history and recognition
- FanCash reward system is great for sports fans
Fanatics Sportsbook Review
Fanatics Sportsbook has launched its app in 22 states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.
Features
All Tennessee sportsbook promo codes
Of Tennessee’s 10 online sportsbooks, only BetMGM, Caesars, and Action247 require a promo code to be punched in at the first deposit to redeem its welcome bonus. Most of the other active operators in the state boast sign-up offers valued at hundreds, if not thousands, of dollars. The welcome promotions come in three types:
- Deposit match bonus
- First bet insurance
- Bonus bets
Each of these bonuses possesses the possibility of adding value to your sportsbook wallet. Still, the catch is bettors must meet certain requirements before credits are applied to your account or before you can request a withdrawal. This is why it’s imperative to review each online sportsbook’s sign-up offer terms and conditions before registering a new account because the last thing you want is a surprise after placing a bet slip.
TN online sportsbook 🏆 | Welcome bonus 💰 | Promo code ✅ |
---|---|---|
⭐BetMGM | Up to $1,500 in bonus bets | SBRBONUS |
⭐FanDuel | Bet $5, win $150 in bonus bets | No code required |
⭐Caesars | Bet $1, Get 10x 100% Profit Boosts | SBRBONUSDYW |
⭐Fanatics Sportsbook | Up to $1,000 in No Sweat Bets | No code required |
⭐DraftKings | Win $150 in bonus bets + $1,000 deposit offer | No code required |
⭐ESPN BET | Up to $2,000 in bonuses | No code required |
⭐Betly | $250 first bet insurance | No code required |
⭐Action247 | 100% Deposit Match up to $400 | Get400 |
⭐Hard Rock Bet | Up to $100 No Regret First Bet | No code required |
⭐Wagr | Referral program | No code required |
BetMGM TN welcome offer 🦁
BetMGM Sportsbook’s efforts to woo new players to its Tennessee online sportsbooks and sports betting app involve a generous bonus bet welcome offer. Use our exclusive BetMGM bonus code SBRBONUS to claim this sign-up offer, which can protect you up to $1,500.
- A $10 minimum deposit is required.
- First bet must lose for bonus bets to be released.
- A dollar-for-dollar bonus bet amount is guaranteed, up to $1,500.
- First bet losing wagers of $49 or less will be paid out in a single bonus bet.
- First bet losing wagers of $50-or-more will be paid out in five 20% increments.
- A $1,500 first bet loss would earn five (5) $300 bonus bets.
- There is a seven-day expiration on bonus bets acquired.
- Bonus bets cannot be redeemed for cash.
Pros | Cons |
---|---|
✅ Low minimum deposit | ❌ First bet must lose to claim |
✅ High total dollar value | ❌ Quick expiration date on bonus |
✅ Second chance bet for new users |
Why this BetMGM bonus is better than others
When it comes to first-bet offers, BetMGM leads the pack. Other sportsbooks offer similar terms, but no one matches BetMGM's maximum dollar value of $1,500. For experienced bettors or those with larger bankrolls, being able to make a large first bet, knowing you'll get a rebate if it loses, is extremely attractive.
Even though my bankroll didn't support a $1,500 first wager, I found the BetMGM bonus simple to understand and claim. I made a $50 bet that the Titans would cover the spread, and they let me down (as expected). BetMGM quickly added five $10 bonus bets into my account, giving me multiple chances to win my money back.
FanDuel TN welcome offer 🔵
FanDuel’s app store ratings are among the best in the Tennessee market. So, in addition to an elite user experience on its sports betting app, new players can claim a welcome offer of $150 in bonus bets with any winning first wager of $5 or more. No FanDuel promo code is required.
- Register and download the mobile app to make your first deposit of at least $5.
- Place your initial $5 wager on any sports market.
- If your bet wins, you'll earn $150 in bonus bets.
- You will receive the bonus bets within 72 hours of placing your qualifying wager.
- The bonus bets must be used within seven days, or they will expire.
Pros | Cons |
---|---|
✅ Low-risk offer | ❌ Bonus bets expire quickly |
✅ Can break up bonus into smaller bets | ❌ First bet must win |
Why this FanDuel bonus is better than others
This FanDuel offer comes with one perk that truly makes it shine compared to others. The $150 in bonus bets are extremely flexible and can be used in any amount(s) you want. I loved being able to choose between making a $10 multi-leg longshot parlay or a safer $25 straight bet. And with $150 to play with, I was able to do plenty of both.
Caesars TN welcome offer 🏛
Caesars online sportsbook and sports betting app continues to be aggressive in their marketing approach to Tennessee’s new players. Their current welcome offer includes a Bet $1, Get (10) 100% Profit Boost Tokens. The Caesars Sportsbook promo code SBRBONUSDYW is required at the time of first deposit.
- New users can sign up in TN using promo code SBRBONUSDYW.
- Make your initial deposit of $10 or more.
- Place a qualifying wager of $1 or more on any sports market.
- Receive (10) 100% Profit Boost Tokens to use on any market.
- The max wager for each rewarded Profit Boost is $25.
- The max additional winnings for each Profit Boost is $2,500.
- You must use the Profit Boosts within 14 days, or they will expire.
Pros | Cons |
---|---|
✅ High value bonus | ❌ Not as straightforward as other welcome offers |
✅ No market or odds restrictions | ❌ Bonus bets expire quickly |
Why this Caesars bonus is better than others
The Caesars sign-up bonus is unique among the leading sportsbook operators. Instead of getting first bet protection or a fixed dollar-amount bonus, you get Profit Boost Tokens that can be used as you see fit. The main upside is that it greatly increases the ceiling on your potential winnings, as each Profit Boost can net up to $2,500 in winnings.
There are also no market or odds restrictions on your first bet. Add it to the valuable Caesars Rewards loyalty program attached to your new account, and it's a no-brainer to try out this bonus.
DraftKings TN welcome offer 👑
DraftKings has carved out a solid market share in Tennessee since launching in November 2020. However, they are still being aggressive in an effort to attract new players. The current sign-up bonus at DraftKings TN is a bet $5, win $150 in bonus bets offer. No DraftKings promo code is required.
- You must deposit a minimum of $5 and wager at least $5 on any market.
- If your bet wins, you will receive $150 in bonus bets instantly.
- The bonus is awarded as six (6) $25 pieces and cannot be split further.
- You can’t withdraw bonus bets as real cash.
- Bonus bets will expire seven days (168 hours) after being awarded, if unused.
Pros | Cons |
---|---|
✅ No promo code required | ❌ First bet must lose to collect bonus |
✅ Only requires $5 initial deposit | ❌ Bonus bets will expire in seven days |
✅ Great for new players | ❌ May not interest experienced bettors |
✅ Easy to read terms and conditions |
Why this DraftKings bonus is better than others
Some people might second-guess this DraftKings bonus for its $150 value, which is admittedly lower than the likes of BetMGM. However, I actually prefer the DraftKings welcome offer for one simple reason: low cost of entry.
Even though you must win your first bet to collect the bonus funds, you only have to risk $5 to do so. Plus DK's minimum deposit is also only $5, meaning this bonus works for bankrolls of any size.
Fanatics TN welcome offer 🧢
Fanatics Sportsbook only emerged after a major business deal between Fanatics (an online sports apparel company) and PointsBet (an Australian-based sportsbook). The result was a total rebranding of PointsBet's U.S. business assets, leading to Fanatics Sportsbook officially launching in late 2023.
Now, Fanatics is making a run at the more established industry brands, attempting to claw out some market share with a slick mobile app, competitive pricing, and a great welcome bonus. You can claim up to $1,000 in No Sweat Bets without a Fanatics promo code.
- Download the Fanatics Sportsbook app and register a new account.
- Fanatics will give you up to $100 in bonus bets on Day 1 with up to $900 more available from Day 2-9.
- Make a daily qualifying wager of $1 or more, with odds of -500 or longer.
- If your bet loses, Fanatics will refund your stake, up to $100, as a bonus bet.
- Repeat this process for the next nine days to receive ten days of No Sweat Bet chances.
- If you miss a day, you forfeit the bonus bet that day. However, you can resume collecting the bonus bets on the remaining days.
- Bonus bets cannot be cashed out or transferred and expire seven days after receipt.
Pros | Cons |
---|---|
✅ 10 No Sweat Bet chances | ❌ Must bet ten days in a row |
✅ High total dollar value | ❌ Must bet $1,000 to collect full bonus |
✅ No promo code required | ❌ First daily bet must lose to claim bonus |
Why this Fanatics bonus is better than others
Fanatics offers something slightly different in the TN welcome bonus department. Instead of a 'bet and get' deal or a single-use first-bet insurance, Fanatics spreads out its bonus over ten days.
This bonus is better than others because it scales to bankrolls of all sizes. Whether you're betting $1 to $10 per day, or maxing out at $100+ per day, Fanatics will still refund your first daily bet if it loses.
For more info on the latest bonuses and news from other top Tennessee sportsbooks, check out our Hard Rock Bet promo code and ESPN BET promo code pages.
Tennessee sports betting promos summary
🚀 TN apps launch date | November 2020 |
➡️ Legal betting age | 21+ |
🥇 Best TN bonus | FanDuel - Bet $5, win $150 in bonus bets |
📱 Sports betting apps | 10 (1 pending) |
🤔 Do promos require codes? | Sometimes |
🤔 Can you withdraw bonus funds? | No |
🎰 Online casinos | No |
🃏 Online poker | No |
🏆 Biggest TN bonus | BetMGM: Up to $1,500 in bonus bets |
🤑 Alternative biggest TN bonus | Fanatics: Up to $1,000 in bonus bets |
☎️ TN problem gambling hotline | 1-800-889-9789 |
🧑🤝🧑 Gambling addiction counseling | Yes |
🔔 TN regulator | Tennessee Sports Wagering Advisory Council |
How we rate and review sports betting promotions
Our editorial team is helping educate those new to Tennessee sports betting on the ins and outs of the best online sportsbooks via independent and thorough reviews of all 10 operators.
However, our team of experts also applies similar grading philosophies when rating and reviewing sports betting app promotions. This step is where reading the fine print can be used to ensure you are earning the best bang for your welcome bonus buck. Here is what our experts concentrate on before rating a sportsbook’s welcome promotion.
- What is the minimum and maximum value of the sign-up offer?
- Is the welcome promotion guaranteed just by making a first deposit or wager?
- Does the welcome bonus require a promo code at the time of the first deposit?
- How much do new players deposit to unlock the welcome promotion?
- What are the terms and conditions of the welcome bonus?
- Are there playthrough requirements to request a withdrawal of funds from an account wallet?
- What the expiration date is after acquiring bonus funds and first bet insurance?
Not all welcome bonuses are created equal. Some only require a minimal risk, as low as $5, while others need you to lose a large first bet in order to fully. Some welcome offers are great for novice gamblers who prefer low-stakes entertainment. Others, like Caesars, are better for experienced bettors who know how to maximize their winning potential.
Types of Tennessee betting sign-up offers and bonuses
In the wake of vast sports betting legalization in many American states recently, operators appear hell-bent on sticking with what works and categorizing sign-up offers and welcome bonuses into three basic categories: the deposit match bonus, bonus bets, and, most popular, first bet insurance. Below is a detailed explanation of each promotion and how operators use them to earn your business.
Deposit match bonus
If an operator offers a deposit match welcome bonus, jump on it, as they are a rarity these days. Deposit match bonuses are typically a percentage of your first deposit, up to a specific amount. For example, a 100% deposit match up to $500 would take a $500 initial deposit and double your account funds to $1,000. A 50% deposit match, like at Action 24/7 in Tennessee, would take an $800 first deposit and kick in $400 in bonus funds for a bankroll total of $1,200 to start.
Bonus bet
Bonus bets have risen to prominence over the past year or so. Many of the best TN sportsbooks offer some form of a 'bet & get' deal. This type of offer has proven extremely popular among new bettors, and for good reason.
These bonuses normally require only a minimum deposit ($10 or less) and a small real money wager of $5 or $10. After that, your account is credited with a chunk of bonus bets, normally in the $100 to $200 range.
You can't withdraw these bonus bets as cash. Instead, you must use them to make additional wagers. That gives you extra chances to make some profit while you get familiar with a new sportsbook platform. Just watch out for any extra conditions, like needing your first bet to win in order to qualify, or how quickly your bonus bets expire.
First bet insurance
The most common sign-up offer for new players in Tennessee these days is first-bet insurance. This type of bonus benefits both the player and operator as there is a chance no welcome bonus funds are awarded should the player win their first wager.
In other cases, operators will stake one’s account up to a specific amount of the first bet when a first bet loses. For example, BetMGM often uses a $1,000 first-bet insurance offer. You can wager up to $1,000 on a first bet, and if it fails, they will credit your account back with $1,000 in bonus bets. In most cases, you don't earn any bonus funds if your first bet ends up winning.
Referral bonus
Sportsbooks frequently offer more than just welcome bonuses. A common promotion is to hand out referral bonuses to existing players who can recruit their friends to sign up for the first time.
You'll get a unique code or link to send out. If someone makes a new account and a first-time deposit using that link, you'll earn a small reward — usually a $10 to $100 bonus bet or cashback equivalent. Check out our best sportsbook referrals page for more information on how to claim these bonuses.
Tennessee online sportsbooks
With no retail sportsbooks in the state, Tennessee is unique in that the Sports Wagering Advisory Council currently has unlimited sports betting licenses to award interested operators. The state started 2024 with 12 online sportsbooks but has since lost three (TwinSpires, WynnBET, and SuperBook) and gained another (Fanatics). However, the 10 active sports betting apps could have more operators join them shortly as BallyBet and ZenSports are in the pipeline, ready for launch and application approval.
Tennessee online and mobile sportsbooks
TN sportsbook | Best known for |
---|---|
Action247 | Tennessee-based company |
Betly | Live betting |
BetMGM | “King of Parlays” |
Caesars | Caesars rewards points |
DraftKings | Industry leader in sports betting |
ESPN BET | Personality-driven promotions |
Fanatics Sportsbook | FanCash reward system |
FanDuel | Leading mobile app |
Hard Rock | Limited video streaming |
Wagr | Social betting |
Tennessee betting resources
You might be confused if you’re new to sports betting and first stumbled upon this Tennessee sportsbook promos page. This page is just one of several Tennessee sports betting resources SBR’s editorial team published to help interested players make an educated decision. You’ll also want to check out each page below and start with Tennessee’s best sportsbooks and betting apps. Don’t forget to look into a full rundown of how various sports betting app bonuses work and our deep dive review of the best TN online sportsbook, FanDuel.
Sports betting by category
It doesn't matter what sport or league is your favorite; there's a great sportsbook bonus waiting for you at any number of legal and licensed sportsbooks in your state. Here's a list of the best sportsbooks by category, to make your decisions even easier:
Responsible sports betting with Tennessee promos
The Tennessee Sports Wagering Advisory Council (SWAC) replaced the Tennessee Education Lottery as the governing body of sports betting in the state back in January 2022. In addition to reviewing applications, issuing licenses, enforcing laws, and performing regular audits of sports betting site operators, the SWAC is also a problem gambling liaison.
The council works with the state’s Mental Health and Substance Abuse Services department to help those struggling with responsible gambling.
Treatment options are available via an in-person meeting or telehealth video conferencing.
For more information, you can contact:
Dr. James Whelan, Executive Director, The Gambling Clinic
The University of Memphis, Department of Psychology
(901) 678-3736
jwhelan@memphis.edu
The SWAC also provides individuals with resources to help identify problem gambling. Operators do their part by limiting sports betting app session times and allowing players to set a bankroll budget over a specific period so they don’t risk more than they can afford.
The Tennessee REDLine can be reached 24/7 via phone or text at 1-800-889-9789
National U.S. gambling helpline: 1-800-GAMBLER
Tennessee sports betting recent updates
Nov. 18, 2024: DraftKings lowers its TN welcome promo amount from $200 to $150, and adds a stipulation that your first bet must win in order to claim the bonus funds.
Jan. 2024: PrizePicks launches peer-to-peer gaming in Tennessee.
Apr. 2020: The Tennessee Education Lottery Corporation (TELC) approves finalized sports betting regulations, allowing operators to begin applying for licenses.
Nov. 2019: Tennessee lawmakers officially form a Sports Betting Advisory Council responsible for drafting the state's first set of sports betting regulations.
May 2019: Gov. Bill Lee allows sports betting bill to pass without signing off on it, making Tennessee the first state in the nation to allow online sportsbooks.
Sportsbook promos and bonuses in other regions
The legal status of sports betting varies from state to state. That means you'll find different sportsbooks with a variety of different promos (or none at all) depending on which state you're in. See our legal sports betting state tracker for information on all 50 U.S. states.
Sportsbook promos & bonuses in legal U.S. states
Sportsbook promos & bonuses in international regions
- Canada sportsbook promos (excluding Ontario)
Tennessee sportsbook bonus FAQs
What’s the best sports betting bonus in Tennessee?
After reviewing all 10 online sportsbooks, while knowing the term 'best' is subjective to the individual, we think that FanDuel, Caesars, and Fanatics have welcome bonuses that are among the very best in Tennessee.
Which verified Tennessee sportsbook promos are the best value?
The TN sportsbook promo with the best value is subjective to your betting style and bankroll. Some bettors may prefer a shot at a larger first-bet insurance promo, while others could find more value in a simple 'bet and get' offer like DraftKings has.
How old do I need to bet on sports in Tennessee?
You must be at least 21 to wager at Tennessee online sportsbooks and sports betting apps.
Do all Tennessee sportsbooks provide sports betting promo codes?
No, not every Tennessee sportsbook online requires a promo code at the time of first deposit. Most sign-up offers are automatically credited to one’s account without the need to punch in a code. In other cases, the code is automatically applied during redemption.
What are the playthrough requirements on legal online sportsbooks in Tennessee?
Playthrough requirements at Tennessee’s legal online sportsbooks vary by operator. Before accepting any sign-up bonus or daily promotions within the app/site, read the terms and conditions first to ensure you understand what needs to occur before you can withdraw any future winnings.
How many sign-up bonuses can I claim in Tennessee?
New players can claim one sign-up bonus per online sportsbook. This rule means Tennessee bettors can enjoy up to 10 unique sign-up bonuses and promotions. Operators crack down on sign-up bonus fraud by limiting users to one account per person, so they request your social security number during the registration process.