Sports betting is fully legal and operational in Tennessee, offering residents and visitors a dynamic and exciting way to engage with their favorite sports. As one of the first states to adopt an online-only sports betting model, Tennessee has paved the way for innovative approaches in the industry.
In this guide, we’ll cover everything you need to know about sports betting in Tennessee, including legal details, available sportsbooks, and frequently asked questions.
Is Sports Betting Legal in Tennessee?
Yes, sports betting has been legal in Tennessee since November 1, 2020. The state legalized sports wagering through the Tennessee Sports Gaming Act, which allows betting exclusively online or via mobile apps. Unlike other states, Tennessee does not permit retail or in-person sportsbooks.
The Tennessee Lottery oversees sports betting operations, ensuring compliance with state laws and regulations.
Available Sportsbooks in Tennessee
Tennessee is home to a growing number of licensed and legal sportsbooks, providing a variety of options for bettors:
- DraftKings Sportsbook
- FanDuel Sportsbook
- BetMGM
- Caesars Sportsbook
- WynnBET
These platforms offer competitive odds, attractive promotions, and user-friendly experiences tailored to Tennessee bettors. Each sportsbook must adhere to the state’s mandatory hold requirement, which impacts payout rates.
Tennessee Sports Betting Rules
To bet on sports in Tennessee, you must:
- Be at least 21 years old.
- Physically be within the state’s borders when placing bets. Geolocation technology ensures compliance.
- Use licensed sportsbooks to place wagers. Betting with unlicensed operators is illegal.
Additionally, Tennessee enforces a controversial minimum hold rule requiring sportsbooks to retain at least 10% of the betting handle. This rule is unique to the state and may affect the odds and payouts compared to other states.
Popular Sports and Events to Bet On in Tennessee
Tennessee bettors can wager on a wide range of sports, including:
- Professional leagues like the NFL, NBA, MLB, and NHL.
- College sports, with restrictions on in-game prop bets for college events.
- International events such as the Olympics and major soccer tournaments.
The state’s love for local teams like the Tennessee Titans (NFL), Memphis Grizzlies (NBA), and the University of Tennessee Volunteers makes betting on these teams particularly popular.
How to Start Betting in Tennessee
- Choose a Licensed Sportsbook: Select a sportsbook from the list of approved operators.
- Register an Account: Provide personal information, such as your name, address, and date of birth. Identity verification is required.
- Deposit Funds: Use a payment method like a credit/debit card, PayPal, or ACH transfer.
- Place Your Bet: Navigate to your chosen sport, select your wager, and confirm your bet.
Responsible Gambling in Tennessee
Tennessee prioritizes responsible gambling and offers resources for bettors to stay in control. Features include:
- Deposit Limits: Set limits on how much you can deposit.
- Time Limits: Restrict the amount of time spent on the platform.
- Self-Exclusion: Temporarily or permanently ban yourself from betting platforms.
For additional support, the Tennessee REDLINE provides confidential help for problem gambling at 1-800-889-9789.
FAQs About Tennessee Sports Betting
When Did Sports Betting Become Legal in Tennessee?
Sports betting became legal in Tennessee on November 1, 2020.
Can I Bet on College Sports in Tennessee?
Yes, you can bet on college sports, but in-game prop bets on college events are prohibited.
Are Retail Sportsbooks Allowed in Tennessee?
No, Tennessee operates exclusively as an online-only sports betting market with no retail locations.
What Payment Methods Can I Use?
Most sportsbooks accept a variety of payment methods, including:
- Credit/Debit Cards
- PayPal
- Bank Transfers
- Prepaid Cards
Is There a Minimum Bet Size?
The minimum bet size varies by sportsbook, but it is typically as low as $0.10.
Final Thoughts
Tennessee’s online-only sports betting market provides a unique and convenient way to engage with sports betting. With multiple licensed operators, a diverse range of sports, and strict regulations, bettors can enjoy a safe and legal betting experience. Whether you’re a seasoned bettor or a newcomer, Tennessee offers something for everyone.