Tennessee SPORTS BETTING: TOP SPORTSBOOKS FOR 2023

After launching on November 1st, 2020, Tennessee sports betting has been available for a number of years giving bettors the chance to enjoy the chance to place wagers on sports.

With the Volunteer State boasting teams like the Tennessee Titans, who are currently one of the most successful teams against the spread in the league, and the Memphis Grizzlies, who are looking to compete with the top teams in the Western Conference, times are pretty good. The state also has NHL representation with the Nashville Predators who continue to play in the highly competitive Central Division. 

The good news is that anyone aged 21 or over can sign up for one of the many sports betting apps available in Tennessee. There are also multiple major sportsbook brands out in force in the state, including BetMGM Sportsbook Tennessee, Caesars Sportsbook Tennessee, DraftKings Sportsbook Tennessee FanDuel Sportsbook Tennessee and WynnBET Sportsbook Tennessee. While retail sportsbooks are not yet available, online sports betting is fully operational in the state.

PICKSHAWK'S TOP SPORTSBOOKS FOR Tennessee

1

DraftKings

DraftKings Sportsbook is the maybe the best-known and most popular sportsbook app in the US

2

Caesars Sportsbook

With great options for live betting, daily promotions and countless markets to explore, it’s no wonder we rank Caesar’s Sportsbook as one of the top US bookmakers.

3

BetMGM

Boasting lots of wagering options such as alternate lines plus fantastic ongoing promotions makes BetMGM stand out from its competitors

4

FanDuel

FanDuel Sportsbook, a premier destination for sports betting enthusiasts seeking a seamless wagering experience.

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Top Sportsbooks In Tennessee

There are a number of well established sportsbooks in Tennessee including: DraftKings, FanDuel, Caesars, WynnBet, and BetMGM, all of which went live in May 2021. Tennessee is expected to be one of the top 20 states in terms of betting volume.

 

#1 DraftKings Sportsbook 

 

DraftKings Sportsbook is the best-known and most popular app in legal states, having launched on November 1st, 2020 in Tennessee with the first wave of the biggest online sportsbooks. Their app and website are both incredibly user-friendly, allowing users to easily connect their Daily Fantasy Sports (DFS) account to their Sportsbook account, merging their cashier accounts into one and allowing them to switch between the two products with ease.

 

DraftKings Sportsbook offers its players a wide variety of unique features and ongoing promotions. The Live Play feature is incredibly smooth and straightforward to use, as is the standard bet slip. One of the best features on DraftKings is the sportsbook pools contests, which allow you to answer questions and compete for cash prizes, often directly with your friends and colleagues. DraftKings also has an excellent educational platform for customers who are new to the world of sports betting. The rewards and missions programs are also unique and provide an extra layer of excitement to players. 

 

DraftKings Sportsbook offers an unbeatable signup bonus for new users: a $50 free bet upon registration, plus a 20% deposit match of up to $1,000. To take full advantage of this offer, you must deposit $5,000. However, you can still access the $50 free bet with just a $5 minimum deposit. To be eligible, you must be 21 years or older, a new user on DraftKings Sportsbook, and located in a state where DraftKings Sportsbook is live, such as Tennessee. 

 

#2 Caesars Sportsbook

 

Following the integration of William Hill, Caesars Sportsbook has completely revolutionized its product offerings, making it one of the most sought-after sportsbooks in the world. With excellent international wagers and some of the best customer support around, Caesars Sportsbook is designed to make each user feel like royalty. To showcase their commitment to providing an unparalleled experience, Caesars recently offered new users a free NFL jersey if they bet $100 on the NFL in September.

 

The rebrand of Caesars Sportsbook saw the platform retain its elite rewards program while also improving the platform interfaces and expanding its range of domestic and international sports, including a variety of new prop bets. To top it all off, Caesars has launched a new promotion for new users that is unrivaled in the market. With all these features, it’s no wonder Caesars Sportsbook is one of the best in the business.

 

#3 BetMGM Sportsbook

 

BetMGM Sportsbook is the online platform for Nevada’s iconic MGM Hotel and Casino, and they have aggressively expanded their reach to customers across the United States. As one of the first three online sportsbooks to be operational in Tennessee, BetMGM launched on November 1st, 2020 and is the exclusive official partner of the Tennessee Titans. To sweeten the deal, they offer a generous $1,000 sign up bonus. 

 

BetMGM stands out from the competition with their impressive selection of ongoing weekly promotions, giving users plenty of ways to maximize their payout and stay engaged. Their Lions Boost takes Odds Boosts to the next level, offering promotions related to the market you’re betting from. For example, in Tennessee, you may find Lions Boosts related to the Titans or Grizzlies. BetMGM also offers risk-free prop bets, parlay profit boosts, challenges to win free bets, and more. 

 

Combined with their flawless interface, BetMGM Sportsbook is a winning combination of excellent promotions and unbeatable convenience. 

 

#4 FanDuel Sportsbook 

 

Another one of the first three major Sportsbooks to launch in Tennessee on November 1st of 2020, FanDuel has quickly become one of the most popular names around. Not only is FanDuel operational in a DFS capacity in Tennessee, but users can also connect their DFS and Sportsbook accounts to have all their betting and fantasy needs in one place. Even if you have a pre-existing DFS account, you can still access new user bonuses on FanDuel Sportsbook. Plus, FanDuel’s platforms boast some of the best user interface functionality and presentation in the industry, with a top-class design.

 

What really sets FanDuel apart from its competition is its Same Game Parlays, which allow users to combine multiple prop bets from the same game and boost their potential payout. Additionally, FanDuel frequently offers parlay insurance, player prop insurance, halftime insurance, and more. Plus, FanDuel Points are rewarded for each contest users participate in, giving them the chance to earn free money – who doesn’t love that? 

 

#5 WynnBet Sportsbook 

 

As the sixth sportsbook to enter Tennessee and fifth nationally, WynnBet brings with it one of the best mobile betting platforms in the US. Sign up for WynnBet Tennessee and you’ll receive a $200 free bet when you place a $10 wager. You’ll be able to bet on all your favorite local teams, including the Titans, Grizzlies, and Predators.

 

The WynnBet interface is impressive because of its user-friendly design and easy navigation. Plus, WynnBet offers some unique social features, such as chat rooms that are only available to users who place certain bets, allowing them to communicate during the game. Although WynnBet doesn’t have a rewards program yet, they do offer a few boosters and promotions. And, of course, you can enjoy seamless banking functionality for deposits and withdrawals.

What Type Of Bets Can You Make In Tennessee?

With sports betting legalized in Tennessee, there is a wide range of wagers you can place with different sportsbooks. From moneylines to parlays, it’s important to familiarize yourself with the different types of bets available so you can make informed decisions when placing your bets. Knowing the terminology and technical details can help you maximize your chances of success and make the most of your betting experience. One of the most important steps to take before you start betting, is to understand the different types of bets available. Here are some essential terms and technical details to help you gain a better understanding of each wager:

 

Moneyline

 

A moneyline bet is the simplest betting type and is based around the result and choosing the team you believe will win a certain game. If the team has odds of +255, then a $100 bet will yield a profit of $255. Conversely, a -255 moneyline means that a $255 bet will yield a profit of $100. All bets present you with odds of some kind, which will determine the total payout or profit that you can make from placing that bet.

 

Spread Bets

 

Spread betting is one of the most popular types of bets, this is where you predict whether one team will cover an exact number provided by the sportsbook. You can also place totals bets on the amount of points that are scored in a certain game. If a team is an underdog, then the spread is the point value that they can lose by, and you still win the bet. For example, if one team is +3, they must either win, tie, or lose by 1 or 2 points for you to win the bet. If they lose by 3, it is a push and you get your money back. If they lose by more than 3, then you lose the bet.

 

Total Points (Over/Under)

 

Total points refer to betting on either over or under a certain amount of total points to be scored in a game. For instance, in a game between the Titans and Colts in Week 3 of 2020, the total offered by many sportsbooks was at 50.5. If you bet the over, you are predicting that the total points scored by both teams will exceed 50.5. Alternatively, if you bet the under, you are predicting that the total points scored by both teams will be below 50.5. In this case, the final score was 31-30, 61 total points, so the over bet won.

 

Prop Bets

 

Player props are one of the most versatile types of wagers, as you can bet on a certain player to score a goal, hit a certain number of points, or even have multiple touchdowns.

Common bets include predicting which team will score first, or how the first score will be achieved. You can also bet on which player you think will score the first touchdown, run, or goal.

Every game offers a variety of prop bets based on the vast array of statistics that a particular sport has to offer. For example, American Football may include yardage totals, total touchdowns, and the number of first downs, while Baseball may include runs scored, home runs hit, and strikeouts thrown.

 

Future Bets

 

Think you have spotted something way ahead of the competition? Futures allow you to place a bet on specific outcomes down the road, such as a team winning the Super Bowl or a player winning MVP. For instance, you can bet on the St. Louis Cardinals’ win total for the upcoming season, which may be set at 88.5. You can then choose to bet on the over or under.

Another popular form of Team Futures is betting on championships. You can place a wager on who you think will win the World Series, Super Bowl, NBA Championship, Stanley Cup, and more at any point before the season starts, during the season, or even during the playoffs. The odds will fluctuate to reflect the chances of a team winning the championship.

 

Parlays

 

You can even combine different options from different games for parlay bets or even place a same-game parlay on a single event. It involves placing multiple bets, such as spreads on three different NFL games, and tying them all together. To win the parlay, all three bets must hit. This means that there’s more risk on getting all your calls right but if you do, you’ll get a bigger payout.

 

Teasers

 

Teasers are another popular form of betting, particularly in football. They involve adding points to the spread or total points for all the legs of the parlay, making it more likely to hit. For example, if the three games had spreads of +3, +6, and -7, and you receive a 6 point teaser, then the spreads for those games are now +9, +12, and -1, respectively. Teasers offer smaller profits than straight-up parlays, but they can be a great way to add some excitement to an NFL Sunday or College Gameday.

 

Live Betting

 

Live betting is one of the more recent additions to sports betting but is also one of the most exciting ways to wager on sports as the action unfolds. Take the NFL for example: as the game progresses, the spread and moneyline will fluctuate, giving you the opportunity to capitalize on potentially profitable odds. If you think a team is poised to make a comeback, you can take advantage of the live betting feature to get the most out of your wager.

Most legal sportsbooks have a dedicated tab for live betting, so be sure to check it out when you log in. With live betting, you can experience the thrill of sports betting in real-time.

 

Which Tennessee Sports Teams Can I Bet On?

 

Sportsbooks offer an incredible range of sports to bet on, from all the major American professional leagues such as the NFL, MLB, NHL, NBA, and MLS, to international professional sports like the English Premier League and the PGA Tour. You can even bet on UFC fights! With so many options, the possibilities are virtually endless.

It’s also worth noting that Tennessee has recently approved the ability to bet on college sports. College football is one of the most popular betting markets, so if you’re looking to get in on the Saturday game-day action, you can now do so with most legal sportsbooks. You can also place wagers on other collegiate sports such as basketball.

There is an abundance of Tennessee sports teams for local sports bettors to wager on, with some even having partnerships with the major sportsbooks available in the Volunteer State. For Tennessee sports fans, here are some of the top teams to keep a lookout for to place different types of bets on throughout the year:

 

Tennessee Titans – NFL

 

The Tennessee Titans, a member of the AFC South in the National Football League, have long been a source of pride for Tennessee sports fans. In fact, BetMGM Sportsbook has recently been named the official sports betting partner of the Titans, allowing fans to wager on every game and even future events like the team’s potential Super Bowl victory. Football is the most popular sport for sports betting in Tennessee and across the United States, making the Titans a particularly attractive option for bettors.

 

Memphis Grizzlies – NBA

 

Professional basketball is the second-largest betting market in the United States, and the Memphis Grizzlies are the beloved hometown team of Tennessee. Despite being located in the Eastern part of the country, the Grizzlies unfortunately compete in the highly competitive Western Conference.

In November 2020, FanDuel Group became the official sports betting partner of the Memphis Grizzlies. This strategic partnership grants FanDuel exclusive daily fantasy and online sports wagering deals. Now, sports fans in Tennessee can bet on the Grizzlies with FanDuel or any of the other sportsbook apps available in the state.

 

Nashville Predators – NHL

 

The Nashville Predators are the professional hockey team representing the state of Tennessee. Currently, they play in the Central Division and are one of the most promising teams in the NHL. The Predators have partnered with DraftKings, making it the official daily fantasy and sports betting partner of the team.

DraftKings offers exclusive deals with the Predators, as well as access to great marketing opportunities through their strategic partnership. With DraftKings, FanDuel, and BetMGM, you can bet on the entire NHL.

 

Tennessee Volunteers – SEC

 

The University of Tennessee Volunteers are the largest collegiate sports program in the state of Tennessee. Hailing from the highly competitive Southeastern Conference (SEC), the team is renowned for its football program, which has produced stars such as Jason Witten and Eric Berry.

Tennessee legal sportsbooks offer college sports betting for both basketball and football, and the University of Tennessee Volunteers are no exception. As a Tennessee bettor, you can even take advantage of some special offers related to your hometown Volunteers. So, why not show your support and place a bet on your favorite team?

 

Vanderbilt Commodores – SEC

 

Vanderbilt may not be as well-known as the other SEC athletic program in Tennessee, but it is still an elite university. Where Vanderbilt really stands out is in basketball, consistently fielding talented and competitive rosters year after year. If you’re looking to get in on the action, you can bet on Vanderbilt’s men’s basketball program and March Madness with DraftKings, BetMGM, and FanDuel Tennessee right now.

FAQS

Tennessee sports betting faqs

Yes, you can legally bet on sports in Tennessee. On April 30th, 2019, the Tennessee Legislature voted to approve a sports betting bill, which became law without the signature of Tennessee Governor Bill Lee. On November 1st, 2020, sportsbooks officially launched their apps, allowing Tennesseans to place bets on their favorite teams and sports. This momentous occasion marked the first time in history that Tennesseans could legally bet on sports in their own state. 

At the time of writing, the sportsbooks operating in Tennessee are: FanDuel, Caesars, DraftKings, BetMGM, Wagr, BallyBet, BetRivers, Gamewise, Fubo Gaming, PointsBet, SuperBook, and Zen Sports. With more expected to join in the near future, the state’s sports betting landscape could be drastically altered if and when retail sports betting is legalized.

Yes. DraftKing Sportsbook Tennessee offers this feature. The app has a very clear live betting section which keeps you across all the action as it happens.

Unlike many U.S. states that have recently passed laws to permit sports betting, Tennessee has set the age limit at 21 or older. Individuals must be of legal age to register for a sportsbook app account and place bets on games. This age restriction is higher than the standard 18 or older that is seen in other states.

Yes, Tennessee is home to several prominent NCAA sports programs, including Vanderbilt and the University of Tennessee, both of which are members of the prestigious Power Five Southeastern Conference. Additionally, there are a number of mid-major Division I programs in the state, with weekly game odds regularly posted. With such a wide variety of teams to choose from, Tennessee is a great place for sports fans to get their fix. 

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