Tennessee Sports Betting Apps: Best Sportsbook Welcome Offers For 2024

Tennessee sports betting apps have only increased in popularity since the Volunteer State became one of the first southern states to legalize online sports gambling in late 2019.

February’s sports betting numbers exceeded $308 million in Tennessee, a testament to the popularity of the industry. And with teams such as the Tennessee Volunteers drawing such a raucous fanbase, the rise of the Nashville sports market and so much more, there’s plenty of reason for optimism with Tennessee sports betting apps.

On this page, we’ll take a look at the top sportsbooks available in the Volunteer State, starting with the very best value in welcome offers and working our way down from there. You’ll leave this page with a better knowledge on which sports betting app is best for you.

Already know which Tennessee sports betting apps you like best? Check out the links below to get started! Otherwise, keep scrolling to learn more.

Ranking the Best Tennessee Sports Betting Apps by Welcome Offer Value

Sports betting is legal in over 30 U.S. states, but Tennessee is unique in a few different ways.

For one, it’s one of the only southern states that has legalized sports betting. It’s also online-only, which means though it’s legal, you’ll have to do your sports betting online and not at a retail location. Finally, perhaps because of the previous note, Tennessee does not limit the number of sportsbook licenses it gives out in-state.

That means there are a lot of online sports betting apps available in the Volunteer State – consisting of some quality options and some not-so-quality options. We’ve whittled the list of 12 active sportsbooks in Tennessee down to just 5 based on welcome offer, betting markets, user compatibility and more!

Each of these 5 options are ranked by our team by the overall value of its welcome offer. We’ll discuss the offer itself, a few things that stand out and a few things it could do better for a full overview of the app itself. That way, you can stay informed before picking the sportsbook app that best caters to you.

1. DraftKings Sportsbook TN: Bet $5, Get $200 in Bonus Bets

DraftKings is nearly synonymous with sports betting apps at this point, don’t you think? Everybody has heard of DK, and there are good reasons for this. Maybe you know them for their daily fantasy sports offerings, or maybe you know them from a friend who bets on sports. There’s a strong chance they have either DraftKings or FanDuel downloaded, after all.

There’s plenty that DraftKings does very well that we’ll get to later. But let’s focus on the welcome bonus for just a second.

DRAFTKINGS SPORTSBOOK APP

States: NY, NJ, PA, CT, AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NH, OH, OR, TN, VA, WV, WY

GET THE APP

SIGN-UP BONUS

GET $200 IN BONUS BETS

BET $5

BET NOW!

Well, it should be familiar right? FanDuel runs the same offer, but with $50 more on the table. But that doesn’t mean DraftKings doesn’t have its merits. You can claim $200 in bonus bets with a $5 wager, but you also are allowed to deposit just $5 instead of $10 compared to FanDuel. So even if you decide you don’t love DK (and we really think you will), you’re not losing any money at all by accepting this welcome bonus and trying out their site.

What DraftKings Does Well (and some critiques)

	🇺🇸 DraftKings TN Sportsbook
✍️ DraftKings TN Sign-Up Offer	💰 Bet $5, Get $200 in Bonus Bets
📱App Ratings	Apple: 4.8/5 Google Play: 4.6/5
🍊Launch date in Tennessee	Nov. 1, 2020
✅DraftKings legal online states	TN, NC, LA, VA, KY, WV, IA, IL, IN, MI, OH, PA, MD, PA, NJ, NY, CT, MA, VT, NH, ME, KS, CO, WY, OR, AZ

A variety of key factors have played a role in this sportsbook’s immense popularity. The $5 minimum deposit is a plus for this offer especially.

DraftKings has a mostly user-friendly experience despite the platform’s extensive breadth of bet types and betting options. That last part is what really stands out about DraftKings, though. It’s possible there’s not a single sportsbook on this list that has the pure volume of props, lines, specials and niche markets to bet on.

DraftKings Sportsbook in Tennessee also offers consistent implementation of daily odds boosts and periodic “no-brainer” betting specials. This will usually come in the form of a daily SGP (Same-Game Parlay) or a bet boost with celebrities such as JJ Redick or Kevin Hart.

Let’s wheel around to some of the few negatives. Naturally, with so many markets to choose from on DraftKings, navigation around the homepage to find the *exact* line you’re looking for can be a bit tricky. But there are 2 search bars and a few different horizontal tabs to navigate that become very helpful once you’ve put some time into the app.

2. FanDuel Sportsbook TN: Bet $5, Get $150 in Bonus Bets

FanDuel boasts the most popular sports betting app in America for a reason, folks. We’ll discuss what it does well a little later, but let’s focus on FanDuel’s welcome offer first.

This offer changes every so often, but its current iteration is as strong an offer as you’ll find in Tennessee. If you’re familiar with sportsbooks, odds are you recognize it or something similar: Bet $5, get $150 in bonus bets if your first bet wins after signing up. And it’s exactly as it sounds. Click here or below to sign up, then return and make any wager of $5 or more to claim $150 in bonus bets if that first wager wins.

FanDuel Sportsbook

States: OH, MD, MA, LA, KS, NY, NJ, PA, IN, IA, WV, MI, VA, CT

GET THE APP

21+ and present in a state with legal sports gaming. Gambling problem? Call 1-800-Gambler.

BET $5
GET $150

GUARANTEED!

BET NOW

There are many types of welcome offers that you’ll run into, but FanDuel’s is strong because it gives you the most freedom to spend that bonus cash as you direct it. There are no major prerequisites, you just get $200 that you can bet on the market to turn into winnings. Of course, you can’t just withdraw that $200 immediately upon signing up; but this offer gives you more of a chance to turn that bonus into real money fast.

What FanDuel Does Well (and some critiques)

	🇺🇸 FanDuel TN Sportsbook
✍️ FanDuel TN Sign-Up Offer	💰 Bet $5, Get $150 in Bonus Bets
📱App Ratings	Apple: 4.9/5 Google Play: 4.6/5
🍊Launch date in Tennessee	Nov. 1, 2020
✅FanDuel legal online states	TN, NC, VA, KY, LA, KS, CO, WY, AZ, IA, IL, IN, MI, OH, WV, PA, MD, NJ, NY, CT, VT, MA

FanDuel excels in user experience, and that’s evident upon opening the app. What stands out immediately is the look of the app itself.

There are 3 horizontal sections to be aware of: One at the top of the page where you can scroll through betting markets (NFL, CFB, CBB, NHL, etc) as well as FanDuel’s live now section, promotions and boosts for that day.

The second is near the middle of the app and features the most popular betting markets of the day. So if it’s March and the NCAA Tournament is set to tip off, be sure to navigate towards the “Madness” section. It’s a small detail, but there may not be a sportsbook better at user interface than FanDuel.

The third horizontal section is fixed at the bottom of the page and controls the home screen, a section for your specific bets and the ability to access your account info.

If we had to find a gripe about FanDuel it’s that some of the more niche sports that are available on other sites are not available on FanDuel, such as Esports. In-app promotions are strong with FanDuel and there are often good options to choose from, but there are other sportsbooks who do this better as well.

3. Fanatics Sportsbook TN: Up To $1K in Bonus Bets, 10x$100

Fanatics may not be a sportsbook you’re familiar with, but it’s growing quickly and is now available in 16 states and counting as of early 2024. The legendary athletics apparel brand entered the sportsbook market in May of 2023 when it acquired PointsBet’s U.S. sportsbook in a deal that ended up being worth $225 million.

Fanatics’ welcome offer is unlike any in the industry, and though it can seem overly complex it does yield some strong value if you’re prepared. On its surface, Fanatics is offering up to $1K in bonus bets back, but what does that really mean and how is it unique compared to the rest of the industry?

To start, think of this deal more as a helpful safety net than an opportunity to earn “free” bonus bets. Fanatics encourages new users to wager up to $100 with your initial bet for 10 straight days. If your bet loses, you’ll receive your initial wager back in non-withdrawable bonus bets.

FANATICS SPORTSBOOKCLAIM OFFER

SIGNUP BONUS

10 X $100

UP TO $1K in BONUS BETS

BET NOW!

Here’s the honest truth: If you plan on betting a lot once you’ve downloaded your sportsbook app of choice, Fanatics’ deal is top-notch and probably offers the highest value on this list. It does what the following sportsbooks do with the ability to spread it out across multiple days and multiple bets.

The best practice with this offer is to pick a strong initial bet that you’re confident can win so you don’t even have to use the offer. And if you play your cards right, you can earn some serious winnings without ever having to claim a single bonus bet!

If you’re a beginner looking to just earn a flat rate and go at your own pace as you learn the ins and outs, this may not be the offer for you. This is because you are required to bet every day for the first 10 days to keep the offer going. So you can’t bet $50 on Day 1, go silent on Day 2 and return on Day 3 to try your hand.

What Fanatics Does Well (and some critiques)

	🇺🇸 Fanatics TN SPORTSBOOK
✍️ Fanatics TN Sign-Up Offer	💰 10 x Up to $100 in Bonus Bets Per Day
📱 App Ratings	Apple: 4.7/5 Google Play: 4.5/5
🍊TN Launch Date	May 2023
✅States Available	TN, CO, CT, IN, IA, KY, MD, MA, MI, NY, NC, OH, PA, VT, VA, VT

Fanatics has a strong live betting section with a Bet&Watch feature, not to mention a good betting market in general. It also has a strong user interface that is pleasing to the eyes. On top of that, Fanatics’ promotions section is top-notch with FanCash that can be used towards Fanatics apparel that is accrued over time with winning and losing bets.

There are a few negatives to be aware of. For one, Fanatics does not have a desktop version and is only available through its app, which has been known to be buggy, especially for Android users.

4. BetMGM Sportsbook TN: $1,500 First Bet Back Bonus

BetMGM sportsbook is another top option in the state of Tennessee with a simple, user-friendly app and a high value welcome offer.

We’ve been through enough sportsbooks on this list to have come across a familiar pattern that is emerging. Most sportsbooks offer either advertise deals to Bet $x, Get $x or a bonus-bet back offer. We here at Saturday Down South tend to lean towards the first of the pair being the better value because it’s gifting you credit you did not have in the first place. Also, it’s slightly more manageable compared to the alternative.

BetMGM’s offer is a strong one – don’t take that the wrong way. But just because the numerical offer is higher doesn’t necessarily mean it’s offering more value. Use it wisely! Similar to Fanatics above, BetMGM is encouraging new users to bet anywhere from $1-1.5K with their initial bet and if that first bet loses, you can receive it back in the form of a non-withdrawable bonus bet.

BetMGM Sportsbook App

States: OH, MA, MD, LA, CO, IN, IA, MI, NJ, PA, TN, WV, VA, AZ

GET THE APP

CODE: SDS150

CODE: SDS150

21+ and present in Participating states. Gambling problem? Call 1-800-GAMBLER. Not in NY.

$1,500 FIRST BET BONUS

BONUS BETS!

BET NOW!

Non-withdrawable is the key here. You keep those bonus bets on BetMGM, but you lose that amount you initially wagered from your bank account. Sure, you could turn those bonuses into big winnings and break even, but it’s a far riskier option. Especially when you consider that bonus bets expire 7 days after receipt.

The safer option with large offers like these is to set a limit that you’d be okay losing out of your wallet. Just because it says $1.5K doesn’t mean you’re required to go that high. What’s great about this offer is the ability to tailor it to your goals with sports betting and how much you’re willing to risk with your first bet.

It goes without saying, but make sure that initial bet is a good one!

What BetMGM Does Well (and some critiques)

	🇺🇸 BetMGM TN SPORTSBOOK
✍️ BetMGM TN Sign-Up Offer	💰 $1,500 in Bonus Bets
📱 App Ratings	Apple: 4.8/5 Google Play: 4.1/5
🍊TN Launch Date	Nov. 1, 2020
✅States Available	TN, AZ, CO, IL, IN, IA, KS, LA, ME, MD, MA, MI, NJ, NY, NV, NC, OH, PA, VA, WV, WY

BetMGM is a great new app for beginners once they’ve learned the ins and outs of the welcome offer. It has a strong rewards program that’s second only to Caesars.

BetMGM also has great promotions and some of the best lines on the market due to their affiliation with several leagues. It offers a wide selection of sports, from the major options like NFL, NBA, MLB and NHL to the niche options like snooker, curling, table tennis and lacrosse. There are few sportsbooks better than BetMGM in the above areas of expertise, especially when it comes to lines.

There have been more reported customer service issues with BetMGM than most other major sportsbooks, which is apparent immediately when looking through reviews. And though the mobile app is indeed beginner friendly and has a strong layout, it’s known to be a little clunky and slower to load compared to FanDuel and DraftKings, especially.

5. Caesars Sportsbook TN: $1K First Bet Back Bonus

Caesars Sportsbook also prefers to run the “First Bet Back” promotion rather than a Bet and Get offer. In Caesars’ case, new users can get their first bet back up to $1K. Unlike Fanatics it only works for your first bet and unlike BetMGM, it’s capped at $1K.

But as stated above in the, that’s not necessarily a negative against Caesars unless you want to bet $1,500 for your first wager and intend on betting enough to use that bonus money in the future.

CAESARS SPORTSBOOK

+1K REWARD & 1K TIER CREDITS

GET THE APP

CODE: SDS1000

CODE: SDS1000

SIGN-UP BONUS

$1,000

FIRST BET BACK OFFER

BET NOW!

This offer works the same as other bonus bet back offers. Bet up to $1K and receive your original stake back in bonus bets should that bet lose. A major plus for Caesars is that even though it doesn’t have as high a cap as some bet back bonuses, the expiration for those bonus bets is 14 days.

What Caesars Does Well (and some critiques)

	🇺🇸 CAESARS TN SPORTSBOOK
✍️ Caesars TN Sign-Up Offer	💰 Up to $1,000 Back in Bonus Bets
📱 App Ratings	Apple: 4.7/5 Google Play: 4.2/5
🍊TN Launch Date	October, 2020
✅States Available	TN, AZ, CO, IL, IN, IA, KS, LA, ME, MD, MA, MI, NJ, NY, NV, NC, OH, PA, VA, WV, WY,

Caesars has the best rewards program on this list. You can earn rewards credit for betting on your favorite teams, which unlocks free bets and more in Caesars’ extensive program.

Caesars’ sections for promotions and boosts deserve a paragraph of their own. Caesars does a great job of getting the most interesting specials and boosts at the top of their page and in full view. It’s annoying to have to find that section on some other sportsbooks, but Caesars’ is front and center and plentiful. There are anywhere from 20-40 boosts available per day for whichever sports are in season. Finally, customer support is very strong with Caesars.

There are some negatives. While there are a lot of boosts available, they are never really extravagant offers. And while it’s nice to have those boosts at the top, the layout of the app and page does suffer a bit. Finally, Caesars is one of the last sportsbooks to post betting markets and has relatively uncompetitive odds compared to some other sportsbooks on this list.

Tennessee Sports Betting Deposit Methods

During the early days of U.S. legal online sports betting, the accounting aspect was often delayed and could be choppy. However, the process has become much easier and efficient over the last year with Tennessee sports betting apps. There are several quick and convenient ways to fund a sportsbook account in Tennessee. Among the options include:

In our experience, most direct online banking options and PayPal tend to be hassle-free, quick, and seamless.

What Each Tennessee Sports Betting App Excels At

Best Tennessee sportsbook Rewards Program	•	Caesars and BetMGM have the 2 best loyalty programs on this page, but Caesars takes the cake here. Earn loyalty credits by betting on your favorite teams, hitting the online casino and more with Caesars Rewards!
Best Tennessee sportsbook app for beginners		An exquisite welcome offer that's unmatched in the industry, a user interface that's second to none and a ton of strong betting lines make FanDuel a top option for those just getting into sports betting
Best Tennessee sportsbook app for niche sports		DraftKings has the most in-depth sports betting app on this page. There's a lot to bet on with DraftKings and tons of different markets to explore for the more niche sports bettor, including Esports, Badminton, Rowing, Handball, Table Tennis and more
Best Tennessee sportsbook for casual fans		BetMGM is not the flashiest sportsbook in Tennessee, but it is one of the most reliable. With strong betting lines and a easy-to-follow layout, BetMGM is perfect for casual sports fans and bettors. Not to mention, BetMGM is one of the best NFL betting apps with its live betting/streaming options.
Best new Tennessee sportsbook app		Fanatics outlasts ESPN BET, which did not even crack the list of top sportsbooks in TN. Fanatics' FanCash system is very unique and its app experience is strong. Even better: Fanatics will only continue to get better!

Betting on Tennessee Sports – Vols, Titans, Predators and More

There are 2 major sport followings in the state of Tennessee. Most likely, you’re either a Tennessee athletics fan or a Nashville sports fan – rooting for the Titans, Predators and potentially an MLB expansion team soon.

Not all states that allow online sports betting have green-lit wagering on college sports, but rest assured, Tennessee Volunteers fans – betting on college teams is completely legal in Tennessee. However, like many states, you cannot place prop bets on individual players in college athletics. So, you can bet on Will Levis to throw 3 touchdowns in a game for the Tennessee Titans, but you’ll have to wait until he goes pro to do the same for Nico Iamaleava.

In this section we’ll keep you updated with some potential bets of interest for each of the top teams for the top Tennessee sports betting apps.

Tennessee Volunteers Football

The Vols are entering their fourth season under head coach Josh Heupel following a spectacular 2022 season and bridge 2023 season.

As alluded to above, the Nico Iamaleava era has arrived in Knoxville. The sophomore QB and former 5-star prospect is set to take the reins of the offense after sitting and learning behind Joe Milton last season.

• Nico Iamaleava is +2200 to win the 2024 Heisman Trophy, via DraftKings. Iamaleava has the 9th best odds in the country (all QBs in front).

The College Football Playoff expands to 12 teams in 2024, the sport’s first postseason change since 2014. Tennessee has good odds of reaching the CFP with the expansion in mind. Here’s a look at the Vols’ schedule:

Tennessee Titans

The Titans are in a transition period. Derrick Henry and Mike Vrabel are out the door, and QB Will Levis/HC Brian Callahan look to usher in a new era in September 2024.

Rebuilding for the future starts in the NFL Draft, and the Titans have 7 picks on the docket for this season including the No. 7 overall pick. Here are FanDuel’s odds for the 7th overall pick:

As you can guess, the Titans don’t have excellent odds to win the Super Bowl this coming season. FanDuel currently lists Tennessee’s odds at +13000, the 5th-worst odds in the league.

Nashville Predators

The Predators’ season is coming to a close and they could not be any hotter heading into the postseason against Vancouver. Nashville missed the postseason in 2023 for the first time since 2013-14. The Predators trail the Canucks 0-1 after falling Sunday night.

• Nashville is currently +6000 to win the Stanley Cup, via DraftKings.

Tennessee Volunteers Basketball

Tennessee basketball just finished up what was perhaps its best season in program history. The Vols won 27 games, claimed the outright SEC regular season title for the first time since 2008, advanced to the Elite 8 for the second time in school history and saw a legendary season from transfer Dalton Knecht.

NBA Draft odds aren’t out quite yet, but once they are be sure to check back for a look at where Knecht could go. Many experts agree he’s a shoo-in for a lottery selection, potentially even within the top 10.

Josiah-Jordan James has a chance to go in the back half of the second round, as well. He has the size, defensive ability and basketball IQ to be a 3-and-D type player at the next level and could sneak into the late second round.

Tennessee Volunteers Baseball

Of all Tennessee sports, it feels like baseball has the best chance at winning a national title. Though Tennessee basketball might have something to say about that in the coming years.

Tony Vitello’s squad has made the College World Series twice in the past 3 seasons and the Vols have another top-10 squad this season. The Vols are currently +1000 to win the national title, per BetMGM.

Other Teams to Bet on in Tennessee

• Memphis Grizzlies (NBA)
• Vanderbilt Commodores (NCAA)
• Memphis Tigers (NCAA)
• ETSU (NCAA)
• Tennessee Tech (NCAA)
• UT Chattanooga (NCAA)
• Nashville FC (MLS)
• Tennessee Smokies (Minor League Baseball)
• Nashville Sounds (Minor League Baseball)
• Chattanooga Lookouts (Minor League Baseball)

Coming Soon – The Nashville Stars?

Tennessee currently has 3 Big 4 sports teams: The Tennessee Titans, Nashville Predators and Memphis Grizzles. But that could soon change.

Major League Baseball expansion is almost certainly coming, the question is when and where. Many cities have been listed: Salt Lake, Charlotte, Las Vegas, Montreal, Portland – but Nashville is one of the most popular potential destinations. Players have voiced support in polls regarding Nashville as a potential expansion city, and this site is run by an official organization “committed to bringing a Major League Franchise to the Nashville market.”

Per Jim Bowden, if Major League Baseball expands to Charlotte and Nashville, this is how the divisions could be realigned ?

Thoughts?! pic.twitter.com/SrjDoaE2h4

— DraftKings (@DraftKings) March 19, 2024

Tennessee Sportsbook Rules and Regulations

This page is dedicated to the best Tennessee sports betting apps for 2024, not a long section about the history of sports betting in Tennessee. We don’t want to bore you to death here.

However, there is some valuable information that comes from some of the more key aspects of Tennessee’s sports betting laws, which differ some from other legal states. Sports betting may be legal at the federal level after the overturning of PASPA in 2018, but each state can determine their own laws for how to regulate betting, if legalized at all.

For starters, Tennessee was the first state to legalize online gambling before other forms of gambling. Currently, you can only bet online in Tennessee, but usually retail betting is the first to be legalized if a state decides to present legislation.

Tennessee is also the only state in the country that taxes sports betting handle instead of sports betting revenue. Sportsbooks in Tennessee are taxed 1.85% of their handle. The bill, which was signed in May of 2023, made a change to Tennessee’s minimum hold of 10% for sportsbooks wanting to do business in Tennessee. A 10% minimum hold was the highest in the nation before the new bill was introduced.

Interested in the numbers for Tennessee’s sports betting handle each month? We’ve got you covered?

Neighboring States With Legal Betting

Tennessee is one of just a few states with legalized sports betting as of 2024. Slowly but surely however, new states are joining the legal online sports betting fold.

North Carolina launched sports betting in March. Kentucky launched last year, and Louisiana well before that. Here are some quick links to reference for states near Tennessee:

• North Carolina Sports Betting
• Kentucky Sports Betting
• Louisiana Sports Betting

Tennessee Sports Betting Apps FAQ

Kyle Scott

Kyle Scott is the founder and editor of CrossingBroad.com and serves as the lead online gambling writer for CBWG Media Group, which owns and partners with several popular sports websites. He breaks down game betting previews and provides commentary on the legal online sportsbooks.