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TENNESSEE SPORTS BETTING



Welcome to PlayTenn! You have reached the premier source for information about
Tennessee online gambling.

Tennessee legalized sports betting in May 2019, officially launching the state’s
industry on Nov. 1, 2020. What originally began as four sportsbooks has now
expanded into nine online operators available to take your bets. And even more
are on the way as the year progresses. Tennesseans now have the chance to wager
on the Tennessee Titans, Tennessee Vols, Memphis Grizzlies, Nashville Predators,
Nashville SC, Vanderbilt Commodores, Memphis Tigers and much, much more. And the
most exciting part? They can do so from absolutely anywhere within the great
Volunteer State.

Here’s more on Tennessee’s latest legal betting news and updates. Best of all,
we’ve got exclusive bonus offers for you to take advantage of as a new Tennessee
sports bettor.


BEST TENNESSEE ONLINE SPORTS BETTING SITES

Disclosure: If you place a bet at a sportsbook or online casino through one of
our links, we may earn an commission. This may influence the gambling operators
we list; however, the editors and writers of this website operate at their sole
discretion, and their opinions are not beholden to any outside entity or
organization. We recommend only legal and trusted gambling operators.



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TN GAMING INDUSTRY NEWS

NEW CASINO LAUNCHES ON EAST TENNESSEE BORDER THIS WEEK

July 7, 2022

TENNESSEE’S SPORTS BETTING SLOWDOWN IS IN FULL SWING

June 29, 2022

SUPERBOOK MAKES SUPER-STEALTH ENTRANCE INTO TENNESSEE

April 28, 2022

MARCH MADNESS LIGHTS A FIRE UNDER TENNESSEE SPORTS BETTORS

April 19, 2022


REGIONAL GAMING NEWS

CHURCHILL DOWNS ANNOUNCES NEW DERBY CITY GAMING HHR FACILITY IN KENTUCKY

October 4, 2021

MISSISSIPPI CASINOS LOG RECORD GROWTH AS DEMAND CONTINUES TO RISE

July 30, 2021

MISSISSIPPI GAMING COMMISSION LIFTS COVID RESTRICTIONS AT CASINOS

May 4, 2021

KENTUCKY SPORTS BETTING BILL DIES ANOTHER DEATH

March 11, 2021


TENN SPORTS BETTING NEWS

TENNESSEE’S SPORTS BETTING SLOWDOWN IS IN FULL SWING

June 29, 2022

KNOW BEFORE YOU GO 2022: 5 TIPS FOR VISITING GEODIS PARK

June 3, 2022

SNAG $75 IN FREE BETS FROM WAGR THIS WEEKEND

April 30, 2022

SUPERBOOK MAKES SUPER-STEALTH ENTRANCE INTO TENNESSEE

April 28, 2022


TN SPORTS BETTING SITES

Here’s a look at the online sportsbooks currently live in Tennessee:

 * FanDuel Sportsbook: FanDuel Sportsbook was among the first four books to
   launch on Nov. 1, 2020 and continues to be one of the most popular operators
   in Tennessee.
 * DraftKings Sportsbook: Originally known for its daily fantasy platform,
   DraftKings Sportsbook Tennessee began offering sports betting to Tennessee
   players on launch day.
 * BetMGM Sportsbook: BetMGM TN debuted alongside DraftKings and FanDuel on
   opening day, officially becoming the first sports betting partner of the
   Tennessee Titans.
 * Action 24/7: Action 24/7 became the fourth sportsbook to launch in Tennessee.
   Although it was suspended by the TEL in Mach 2021, the sportsbook received
   and injunction from a Tennessee judge and is now back online.
 * Caesars Sportsbook: Caesars Sportsbook Tennessee launched in August 2021,
   bringing with it the company’s beloved Caesars Rewards program. The Caesars
   casino brand is well-known throughout the US, and the company recently became
   an official sports betting partner of the NFL.
 * WynnBET: The digital gaming division of Wynn Resorts, WynnBET arrived in
   Tennessee in April 2021.
 * Barstool Sportsbook: Penn National Gaming received an operator license for
   its sports gaming brand on Aug. 29, 2021. Barstool Sportsbook officially
   launched in Tennessee on Sept. 8 — just in time for the start of NFL season.
 * Wagr: This social sports betting app is a new Tennessee offering for 2022. As
   the first sportsbook of its kind in the US, the app currently offers point
   spread betting exclusively.
 * SuperBook Sports: This “World’s Largest Sportsbook” launched in TN in April
   2022, becoming the state’s ninth live operator.


FUTURE TENNESSEE SPORTSBOOKS

 * Fubo Gaming: (approved on Feb. 11, 2022, launch date TBA)
 * BallyBet: (approved March 10, launch unknown)
 * Betly.com: owned by Gamewise, a t venture between Delaware North and GAMING1
   (approved March 10, launch unknown)
 * ZenSports: A Peer 2 Peer platform currently operating a traditional book in
   Nevada
 * BetRivers Sportsbook: This online sportsbook’s parent company, Rush Street
   Entertainment, currently operates casinos in Pennsylvania, New York and
   Illinois. A Tennessee launch for BetRivers could be the perfect way for Rush
   Street to expand its brand recognition.
 * Fox Bet Sportsbook: Fox Bet currently only operates in New Jersey and
   Pennsylvania. However, Tennessee’s low fees and alluring regulations
   certainly increase the possibility that Fox Bet will expand south if given
   the chance.


USING A TN SPORTSBOOK APP OR WEBSITE

Since Tennessee sports betting functions online only, you’re able to access each
sportsbook directly from your desktop computer or your phone.

If it’s your first time accessing a book via desktop, your computer will likely
ask you to add an extension from GeoComply in order to ensure that you are, in
fact, within the Tennessee border. GeoComply is considered the top company when
it comes to geolocation technology and works with every regulated market in the
United States, so you should feel confident your computer is safe and secure
with this installed extension.


HOW GEOLOCATION WORKS & WHAT IT MEANS

If you’d rather wager on your phone, you’ll need to an app. This is because
Geocomply’s software cannot accurately geolocate you when you’re using your
phone’s browser.

Services like GeoComply use a combination of your IP address, your phone’s
internal GPS system, and nearby cell phone towers to determine your precise
location.

Since the laws for sports betting limits wagering to within the Tennessee
borders, there are systems in place to ensure that no one can spoof locations
using things like a VPN. With that in mind, this also means that if you’re
trying to access an app while you’re close to the state line, your bet might be
denied.


ING BETTING APPS ON YOUR ANDROID OR IPHONE

To an app to your phone, simply search for it within the Apple Store or the
Google Play Store like you would any other app. Once the is complete, you can
begin the registration process if you haven’t done so already.


TENNESSEE SPORTS BETTING FEATURES AND OPTIONS

Once you have the apps ed on your phone, you’ll notice several of them might
look and feel fairly similar. Most Tennessee sportsbooks use a simple,
three-column setup.

 * Left Column: Here, you’ll find a lengthy list of sports, with the in-season
   pro leagues and live betting options available near the top.
 * Middle Column: In the middle column is where the games appear after you
   select your sport. There are filters to find the exact event you’re looking
   for, along with links to additional wagers.
 * Right Column: On the right side is your bet slip, which is where you store
   your game and bet selections before finalizing them. You can create single
   wagers, combine bets into parlays and place your bets here.

Live betting — also known as in-game betting — involves wagering on games that
are already underway. It can add to the game’s excitement while you watch.
Betting lines automatically adjust as the action unfolds using data supplied
directly by the pro leagues.

Cash-out betting is one of the newest features available at Tennessee
sportsbooks. This option allows you to redeem a bet early if you so choose. The
current results in the game (or games, for parlays) will determine the price you
are offered to cash in your bet early.

Tennessee’s ever-growing list of approved sports markets includes motorsports,
golf, tennis, soccer and even geo-specific events like rugby, cricket
and cycling.

In Tennessee, bettors can make a deposit onto their using a debit card, PayPal,
prepaid card or bank transfer. Credit, however, is not an approved method of
deposit.


TN SPORTS BETTING LAWS AND REGULATIONS

When it comes to sports betting, no other state exists that’s quite like
Tennessee.

Its unique status as a state with minimal gambling options means that this is
all brand new territory for TN bettors and lawmakers. So far, regulations have
not come without their share of concerns from operators and stakeholders alike.

Now that Tennessee’s Sports Wagering Advisory Council (SWAC) has taken over
regulatory control, a new set of permanent rules is being finalized and will go
into effect later this year. Below are the rules currently outlined when it
comes to Tennessee sports betting.


TAX RATES AND TAX DOLLAR ALLOCATION

When it comes to the basic elements of Tennessee sports betting laws, these are
the important numbers required of sportsbooks:

 * $750,000 upfront licensing fee for all operators
 * $750,000 annual renewal fee
 * 20% tax rate

Compared to other states, this $750,000 licensing fee is on the low side, though
the 20% tax rate is on the high side. That’s especially true considering
Tennessee is an online-only marketplace.

Here’s how the state distributes the money generated by sports betting taxes and
licenses:

 * 80% goes into the Lottery for Education , where Lottery proceeds are also
   deposited
 * 15% goes to the TN General Fund
 * 5% goes to mental health and substance abuse programs to problem gambling
   initiatives

Moreover, the SWAC is responsible for compiling an annual report detailing how
this 5% of sports betting tax dollars is being used to curb problem gambling in
the state. That report will then be distributed to the governor as well as the
speakers of the senate and house.

This report will include itemized lists of how the money is spent, as well as
progress reports on addressing problem gambling issues.


THERE ARE SOME LIMITS ON COLLEGE SPORTS BETTING

Vols fans and Vanderbilt Commodores backers — be aware that there are some
limits on what you can bet on regarding college sports.

Some states ban betting on college games altogether, while others prohibit
wagers on state-specific teams and events. Fortunately, Tennessee sportsbooks
offer odds on college games. But one thing you will not find is in-play prop
betting. In-play betting, which offers updated odds after basically every play,
is a popular form of wagering that’s only available for the major leagues in
Tennessee.

Additionally, there are no prop bets on individual performances by college
athletes, nor are there be any bets related to possible injuries of players.


THERE ARE OTHER OFFICIAL LEAGUE DATA LIMITS ON IN-GAME WAGERING

If in-game wagering sounds fun to you, be aware there are other limitations as
well — though these will impact sportsbooks themselves more than you as a
bettor.

Tennessee betting regulations stipulate that any book that offers in-game
wagering has to use official data to power those bets. That means sportsbook
operators either work with the leagues directly or use an approved data partner
like Sportradar to supply data.


TENNESSEE SPORTS BETTING TIMELINE

Tennessee sports betting has officially been live for over 18 months, and plenty
has taken place to get us to this point. Here is a look at key dates in
Tennessee sports betting history:


APRIL 2022

Superbook Sports made its Tennessee launch in early April. Meanwhile, Twinspires
Sportsbook opted not to renew its operator license, which came up for renewal
this month.


FEBRUARY 2022

On Feb. 11, 2022, Fubo Gaming was approved for an operator license in the state.
The sportsbook’s official launch date remains unknown.


JANUARY 2022

The new regulatory body for Tennessee sports betting, the Sports Wagering
Advisory Council, took over on January 1, 2022. A temporary set of emergency
regulations are now in place for sportsbook operators until a new set of
permanent rules is created.

Later in January, Tennessee’s first and only social sports betting app, Wagr,
made its official launch.


SEPTEMBER 2021

The Tennessee Education Lottery approved sports betting operator licenses for
Wagr and Barstool Sportsbook. The latter launched in Tennessee on Sept. 8.


AUGUST 2021

After Caesars completed its acquisition of William Hill, the William Hill sports
betting app became the Caesars Sportsbook app in Tennessee. Caesars integrated
its famous Caesars Rewards program into the betting product so bettors earn
points regardless of if their wager wins or loses.


JUNE 2021

The Sports Wagering Advisory Council held its first meeting as sports betting
begins the transfer of regulatory power from the Tennessee Lottery.


MAY 2021

Nationwide revenue reports for January through May revealed that Tennessee
produces more tax from sports betting revenue than all but three other states.


APRIL 2021

Tennessee’s seventh sports betting app, WynnBET, hit the market on April 30 –
almost four months after its sportsbook was officially approved in the state.


MARCH 2021

After months without a launch, Tennessee finally got a new operator on March 11.
William Hill became the fifth app to go live in the state.

About a week later on March 19, TwinSpires launched as well, just in time for
March Madness. The Tennessee market now has six betting apps to choose from.


NOVEMBER 2020

Sports betting went live in Tennessee at 12:01 am on Sunday, Nov. 1. DraftKings,
FanDuel, BetMGM and Action 24/7 all launched throughout the early hours of the
morning, offering countless boosts and promotions.

WynnBet, BetAmerica, and William Hill are the next three operators in line to
Tennessee.


OCTOBER 2020

On Oct. 5, the TEL held a meeting and announced they conditionally approved a
fourth sportsbook operator, Nashville-based Action 24/7. The sportsbook is
currently the only local brand to receive a conditional license.

The TEL also stated three other operators applied for licenses but did not
release the operator’s names.


SEPTEMBER 2020

On Sept. 23, the TEL announced that they had conditionally approved the first
three sportsbook operators to launch in the state on Nov. 1. DraftKings,
FanDuel, and BetMGM were all conditionally approved as sports betting operators.


AUGUST 2020

In the history of Tennessee sports betting, Aug. 18 and 19, 2020 will be ed as
the day we finally started making real progress towards launching the first
sports betting apps in the state. After two days of meetings, the TN Lottery
announced they had four completed operator applications they were currently
vetting. Moreover, they plan to have those apps up and running no later than
Nov. 1.

Another interesting development from the meetings was how the lottery would
handle sportsbooks that did not maintain the 10% hold requirement. The fine for
not meeting the mandate is a mere $25,000, but the board did say that they would
consider suspending and even potentially withholding license renewals from
egregious violators.

The other thing ironed out regarding the hold mandate is how it would be
measured. The group considered daily or weekly ing, but settled on operators
averaging out a 10% hold across a calendar year.


JULY 2020

The TN Lottery finally approved something, but it isn’t an operator license
application. The group did approve the first four sports betting-related
licenses in the state, tapping four vendors for approval. These licenses come at
a much lower cost than the $750,000 needed for operators, which might explain
why those applications are coming in but operators are still on the sidelines.


JUNE 2020

Despite the application opening up two months prior, TN Lottery reported at its
June meeting that there were still no completed sports betting operator
applications. The state had three partial applications, but one of them was
reticent to finish the paperwork, triggering the 10-day countdown to pay the
full $750,000 licensing fee. TN Lottery denied the operator’s request for an
extension.


APRIL 2020

In mid-April, the Tennessee Lottery Board met and approved finalized regulations
that will govern the sports betting industry going forward. Those finalized
regulations settled on a 10% hold mandate for all operators, which goes against
the recommended 5% of the Advisory Council. Two days later, the Lottery released
the paperwork for potential operators to apply as a licensee.


MARCH 2020

As the town of Nashville started shutting down over COVID-9 concerns, both the
Advisory Council and the TN Lottery Board managed to meet and make progress on
proposed regulations for the sports betting industry. Around the same time,
lawmakers also introduced legislation that could potentially give the Advisory
Council more control over the industry. At the time, the bill’s authors
expressed concern the TN Lottery Board might be overstepping the power afforded
to them by the law.


FEBRUARY 2020

After a pair of meetings that addressed many concerns about the proposed
regulations, lawmakers and other interested parties expressed concerns about the
state of the regulations. As a result, the advisory board will meet once again
to vote on and discuss the latest draft of regulations.


JANUARY 2020

The 45-day public comment period produces over 300 comments criticizing the
first round of proposed TN regulations. The advisory board has roughly a month
to come up with a revised draft.


NOVEMBER 2019

Months ed as the lawmakers tasked with appointing of the Sports Betting Advisory
Council. It is November by the time the 10-person is set. Thankfully, they get
to work quickly and a first draft of regulations appears shortly before
Thanksgiving.


MAY 2019

After a month with no action, Gov. Lee returned the bill to the legislature
without his signature. While he did not veto it, it ed into law without his
approval.


JANUARY 2019

Rep. Rick Staples files a bill in the House to legalize sports betting in
Tennessee. Concurrently, a similar bill is introduced in the Senate.


TENNESSEE ONLINE GAMBLING FAQ


HOW OLD DO I HAVE TO BE TO PLACE A BET?



Sports bettors in Tennessee need to be at least 21 years old in order to wager.
Online sportsbooks require your date of birth and a partial Social Security
number to your age before allowing you to bet.


CAN I BET FROM OUT OF STATE?



No, if you are not within Tennessee state lines, you are not allowed to wager on
TN betting sites.

However, you do not need to be a Tennessee resident in order to take part in
Tennessee online sports betting. Anyone who is at least 21 years old and within
state lines is eligible to wager online.


HOW WILL THE SPORTSBOOKS KNOW WHERE I AM?



Online sportsbooks utilize geolocation technology to determine whether or not a
bettor is within the state. On your computer, sportsbooks and geolocation
providers like GeoComply use your IP address and a geolocation plugin to your
location. Sports betting apps on your phone utilize your phone’s GPS
functionality and nearby cell phone towers to determine your location.


WHO REGULATES THE TENNESSEE SPORTS BETTING MARKET?



The Tennessee Education Lottery (TEL) originally regulated and oversaw all
sports betting within the state. However, the Sports Wagering Advisory Council
took over regulatory duties beginning in January 2022.


DO I HAVE TO PAY TAXES ON MY WINNINGS?



Like all income, gambling winnings are subject to taxation and should be
reported on your tax return.

Be advised, though — a sportsbook will likely not send you a W-2G gambling tax
form from unless you trigger a certain threshold of winnings. For most sites,
the amount is $5,000. That’s simply because many sportsbooks already use that
number at casinos to trigger tax paperwork for withholding 25% of player
winnings.


CAN I BET ON COLLEGE SPORTS IN TENNESSEE?



When it comes to college sports betting, Tennessee bettors are subject to a
mixed bag of rules.

You’re able to make traditional spread, moneyline and over/under wagers on
collegiate sporting events. You can even create a parlay featuring multiple
games. What you aren’t able to do, however, is place in-game college prop bets
or any type of prop bet on individual players.


TENNESSEE RESOURCES

Responsible Gambling
Gambling and Taxes
Tennessee Sportsbook Rules
Tennessee Gambling Laws


SPORTS BETTING 101

Common Sports Betting Mistakes
Home Field Advantage and Sports Betting
NBA Vs. NFL Betting
Fundamentals of College Football Betting

Bet with your head, not over it. Call 1-800-GAMBLER if you have a gambling
problem.

21+: PlayTenn.com and all content herein is intended for audiences 21 years and
older.

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