Online Sportsbooks in
Tennessee

The Volunteer State is going for an entirely unique online sports betting-only approach... and we love it!

Tennessee seal

Tennessee is expecting to take action soon when it comes to legalize Online Sports betting & Online Casino

Online Sport Betting in Tennessee

In late 2019 Tennessee announced that it was going to legalize sports betting in the state, becoming the twelfth state in the US to do so.

What was unusual about this decision was that the state currently has no physical gambling establishments.

This means that, unlike in every other state which has legalised sports betting, online sportsbooks will be allowed to set up in the state without partnering with an existing casino.

It is predicted by leading industry experts that the state will have legal online sportsbooks operational by September 2020, in time for the beginning of the NFL season.

BETTING IN TN - WHAT YOU CAN AND CAN'T DO

Bet on sports online ❌(expected by Sept 2020)

Register with a sportsbook online ❌(expected by Sept 2020)

Deposit & withdraw funds with a sportsbook online ❌

Bet on collegiate teams or collegiate games ❌

Bet on high/school sports ❌

FAQS online sports betting Tennessee

It's currently a complicated situation regarding online betting in Tennessee. Find your most common questions answered here.

⚖️ Is sports betting legal in Tennessee?

Yes, sports betting is legal now in Tennessee. Now we just have to wait for the first online sportsbooks to launch in the state.

❓ Are there any online sportsbooks in Tennessee?

There are currently no active sportsbooks in Tennessee. We expect that Draftkings and FanDuel will launch in September 2020.

Is Fanduel active in Tennessee?

FanDuel Sportsbook is not currently active in Tennessee. We expect that they will launch an online sportsbook in late 2020, or early 2021.

Is DraftKings active in Tennessee?

DraftKings Sportsbook is not currently active in Tennessee. We expect that they will launch an online sportsbook in late 2020, or early 2021.

Online sports betting in Tennessee

Tennessee is an unusual situation. The state currently has currently legalized sports betting but there is currently no licensed establishment where you can place a wager.

This means that the state should be the first in the US to offer online mobile sports betting before any retail option.

TN vs other states

Since the federal ruling in 2018, sports betting has been legal in the US at a national level. It has then been up to each state to decide whether it should legalize gambling and if so, how they will do it.

Nevada for example still requires an in-person sign up for online sportsbooks. Oregon has only permitted sports bet via their state lottery. This has resulted in a patchwork effect across the country, as each individual state finds itself experiencing a different betting market.

What rules will there be?

We expect the following rules to apply to the Tennessee sportsbooks:

  • Mobile wagering only
  • No Limit on operators
  • 20% tax rate
  • College bets prohibited
  • Official league data to be used for in-game wagering
  • 10% hold (payouts capped at 90%)
  • $800,000 annual license fee (of which ($50,000 is an application fee)

So how would we rate Tennessee's betting market compared to other states? Well, we are quite optimistic. The fact that sportsbooks do not have to partner with any existing establishment, means that they will need to launch a dedicated sportsbook app for the state all by themselves. This means if they are going to commit to launching in the state, they are going to have to be serious about it.

The current tax rate for sportsbooks in Tennessee of 20% is quite high when you compare to other states, but it shouldn't put sportsbook off from launching a Tennessee app.

What sportsbooks will launch in Tennessee?

This can be a little hard to predict considering the current uncertainty in 2020. However, you can be relatively sure that the big two will be among the first to launch.

The two companies are really beginning to dominate the US sports betting scene. The two sportsbooks began life as fantasy sports operators, so brand awareness will already by high. Due to the high level of competition between the two companies, you can be sure that they will launch in Tennessee within a month of each other.

Sports teams in Tennessee

For a state with a population of less than seven million the state does pretty well when it comes to professional sports.

The state currently has three teams playing in the pro leagues:

Memphis Grizzlies (NBA)

Nashville Predators (NHL)

Tennessee Titans (NFL)

As we have seen in other states, sportsbooks will look to sponsor local teams. Due to the conservative nature of the state, we are not sure how this will play out, but the lure of big bucks may prove too much for the local sports teams.

The fact that there are three pro teams in the state will mean that there will be a high level of interest in mobile betting. In-play betting has proven hugely popular in the US since mobile betting was introduced and there is no better time to bet live than watching your local team.

Tennesseeans will be able to place in-play bets on their pro teams but not on college sports.

Menu