Tennessee Sports Betting

A Bible Belt pioneer in the realms of mobile betting and daily fantasy sports, Tennessee has proven surprisingly progressive when it comes to allowing fans to have skin in the game.

Our Best Tennessee Sports Betting Offers

1
FanDuel Sportsbook
Bet $5
Get $200
In Bonus Bets
  • Bet $5, Get $200 in Bonus Bets if Your Bet Wins
  • Available on Desktop, Android & iOS
  • Gambling Problem? Call 1-800-GAMBLER. 21+
  • To Claim: Click Play Now
2
BetMGM Sportsbook
Up to $1,500
In Bonus Bets
  • Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
  • *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
  • Use Bonus Code: DEALPLAY
3
Fanatics Sportsbook
Up to $1,000
In No Sweat Bets
  • Bet and Get up to $1,000 in No Sweat Bets
  • Earn FanCash & Spend it on Team Swag or More Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
  • To Claim: Click Play Now
4
Caesars Sportsbook
Bet $1, Double Your Winnings
On Next 10 Wagers
  • Stream NFL Games In-App for Free
  • 21+ Gambling problem? Call 1-800-GAMBLER
  • Use Promo Code: RACEBETDYW
5
DraftKings Sportsbook
Up to $1,200 Bonus
New User Bonus. T&Cs Apply.
  • Bet $5 Get $150 in Bonus Bets

  • PLUS Get a $50 Bonus Bet on Deposit

  • PLUS up to $1,000 Deposit Bonus

  • Gambling Problem? Call 1-800-GAMBLER

Disclaimer: For those outside of Tennessee, you may face restrictions on the offers you see on this page.

About Sports Betting in Tennessee

There are no casinos or brick-and-mortar sportsbooks in Tennessee. In light of those facts, it would be logical to assume that the Volunteer State would take a dim view of sports betting – but that hasn't been the case.

In 2016, Tennessee became one of the first states to expressly authorize daily fantasy sports (DFS) contests. Then, in 2019, Governor Bill Lee allowed a bill legalizing sports betting to pass into law without his signature. While Gov. Lee was morally opposed to gambling, he set his personal feelings aside to acknowledge the economic benefits sports wagering would bring to the state.

With nary a retail sportsbook within its borders, Tennessee is one of the few states where sports wagering is only available online. But that hasn't stopped the Volunteer State from posting impressive handle figures, including a then-record $591 million worth of wagers in November 2024.

Tennessee Sportsbooks

Currently Operating Sportsbooks

Current Sportsbooks

12

Licenses Allowed

13

Sports Betting Legalization in Tennessee

Tennessee Sports Betting Law Highlights

  • Sports betting is restricted to online/mobile wagering. There are no retail sportsbooks in Tennessee.
  • Betting on in-state colleges is allowed, but there are no prop bets on college athletes and no in-game prop betting on college sporting events.
  • 21+ age requirement.
  • Tennessee's first online sports wagers were accepted on Nov. 1, 2020.
  • Tax rate is 1.85% of an operator's sports betting handle. Tax revenue funds public education, local governments, and problem gambling treatment.
  • $750,000 initial license fee. For each year after that, operators handling more than $100 annually in bets pay $750,000 per year, while those handling less than $100 million pay $350,000.

Legalization Timeline

  • Bipartisan bill to legalize sports betting introduced

    November, 2018

    State Representative Bill Staples introduces a bill to legalize mobile sports betting in Tennessee, one that would generate enough support to pass.

  • Governor Lee allows sports betting bill to become law

    May 24, 2019

    Despite the fact that he is morally opposed to gambling, Gov. Bill Lee allows Staples's bill to become law without his signature, acknowledging that legalization is in the state's best financial interest.

  • First online sports wagers are placed

    November 1, 2020

    Mobile sportsbooks like DraftKings and FanDuel begin accepting wagers in Tennessee, ushering in the dawn of sports betting in the Volunteer State.

  • Sports Wagering Council begins overseeing sports betting

    January 1, 2022

    Taking the baton from the Tennessee Education Lottery, the state's Sports Wagering Council assumes regulatory oversight of sports betting.

  • Tennessee licenses country's first peer-to-peer platform

    January 24, 2022

    Wagr becomes the first peer-to-peer platform to be licensed in the United States when Tennessee approves its application.

  • Gov. Lee approves change to sports betting tax structure

    May 18, 2023

    Gov. Lee approves a change in Tennessee's sports betting tax structure, replacing a 20% tax on gross revenue with a 1.85% tax on sports betting handle. Tennessee is the first state in the country to adopt such a structure.

FAQs

Is sports betting legal in Tennessee?

Who can bet on sports in Tennessee?

Who regulates sports betting in Tennessee?

What can I bet on in Tennessee?

What can't I bet on in Tennessee?

Is DFS legal in Tennessee?

Is it legal to bet on horse racing in Tennessee?

Have other Questions? Email cservice2@drf.com

Responsible Gambling

21+. If you or someone you know has a gambling problem, call 1-800-GAMBLER.