Best Tennessee Sports Betting Sites 2024 – Compare Top 10 TN Online Sportsbooks

Tennessee sports betting was officially written into law a few years ago, but it was restricted to online sports betting.

TN online sports betting will only continue to flourish, but where are the best operators to play at? In this guide, we will reveal the top 10 sportsbooks and help you find the perfect betting site.

Tennessee Sports Betting Sites

List of the Best Sportsbooks in Tennessee

Tennessee is brimming with plenty of sportsbooks, of which the vast majority are offshore sites, so you can play with them anywhere in the state. Let’s run through the 10 top offshore sportsbooks for 2024

1. BetOnline – Overall best Tennessee sports betting site for 2024
2. XBet – Great TN sports betting site for competitive odds
3. MyBookie – Superb TN online sports betting site for news and analysis
4. BetUS – Brilliant Tennessee sports betting site for welcome bonuses
5. Bovada – Offers an excellent live streaming platform for those carrying out sports betting in Tennessee
6. Sportsbetting.ag – Good site for soccer coverage
7. BUSR – Versatile across many sports, including horse racing
8. Everygame – Much improved TN sportsbook
9. BetAnySports – Reliable site for making prop wagers
10. Jazz – Has a comprehensive racebook covering all the biggest meets

Timeline: Legal Tennessee Sports Betting Developments

Although Tennessee sports betting has the caveat of being an online pursuit, we have charted the key moments that brought about legalized sports betting in the state:

• 2002– Residents approve a Tennessee Lottery through voting.
• 2015 – The Racing Control Act is repealed.
• 2016– Tennessee passes the Fantasy Sports Act to license and regulate the industry.
• April 2019– The Tennessee sports betting bill is approved and restrictions are put in place with regards to sports betting in Tennessee.
• November 2019 – Members of the Sports Betting Advisory Council are appointed, and new regulations are drawn up.
• September 2020 – The Tennessee Education Lottery announce they have conditionally approved three sportsbooks to launch in the state – DraftKings, FanDuel, and BetMGM.
• June 2021 – The Sports Wagering Advisory Council holds its first meeting as sports betting in Tennessee begins the transfer of regulatory power from the Tennessee Lottery.
• September 2021 – The TEL approves sports betting operator licenses for Barstool Sportsbook and Wagr to carry out sports betting in Tennessee.

Reviews of the Best Sportsbooks in Tennessee

We may have revealed our top 10 best offshore sportsbooks in TN, but what makes them stand out. It’s now time to put them through their paces and explain what makes them so special:

1. BetOnline – Overall best Tennessee sports betting site for 2024

BetOnline emerged as the overwhelming winner in our list of best sports betting sites in Tennessee. This platform is very versatile as it is great for mobile betting, despite not having a native app. The desktop version is fabulous for NBA betting and locating great NBA picks during the regular season.

But it’s not just the NBA where BetOnline comes up trumps. It is also one of the best MLB betting sites. With over 20 years of market experience, it is one of the oldest bookies serving bettors in TN. And when it comes to betting volume, BetOnline delivers in spades.

On the payment side, BetOnline supports the most popular payment methods, such as credit and debit cards, checks, wire transfers, and money orders. You can also deposit and withdraw using cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.

You can collect the bonus by entering the BetOnline promo code INSIDERS. While the opening offer is solid, it’s not as competitive as other sites. Nevertheless, BetOnline facilitates quick withdrawals which will delight players.

2. XBet – Great TN sports betting site for competitive odds

XBet prides itself on the quality of odds available and they are usually quick off the mark when it comes to posting prices. If you are seeking value with your selections, you will be pleased to know XBet serves up odds boosts, so you can get heavily inflated lines that can pay out bigger wins if successful. The Top Bets section for NFL games will fulfill things for you here.

XBet allows you to fund your account with a variety of methods, including MasterCard, VISA, Bitcoin, and Litecoin. Wire transfers and check payments are not listed on the website, but this may be arranged through the operator’s support team. The XBet promo code entails a match deposit bonus which will be gratefully received.

Oh, and the mobile site allows you to place pre-match and live wagers. It offers a seamless betting experience for both Android and iOS users, and it replicates practically everything you will find on the desktop-based version of the site.

3. MyBookie – Superb TN online sports betting site for news and analysis

MyBookie is one of those offshore sportsbooks that is hard to ignore. It boasts plenty of experience and the MyBookie promo code is generous for those who are new to the site. One of the things that will speak to players is the news and tips section where you will be able to source authoritative views from the site’s in-house writers to help you place bets with confidence.

Like most other offshore sites, MyBookie is comprehensive with its sports coverage and aside from the usual disciplines, such as football, tennis, and golf, you will also find lines for ice hockey, squash, and more. You can also place a wide array of wagers, including totals, moneylines, and spreads.

On the payment front, MyBookie accepts transactions made using MasterCard/VISA, Bitcoin, Ethereum, Litecoin, BitcoinCash, and Ripple. Typically, the minimum deposit limit varies from $20 for cryptos up to $100 for P2P transfers.

4. BetUS – Brilliant Tennessee sports betting site for welcome bonuses

BetUS is one of the most established operators on this list and it is a big hitter. It has one of the most competitive welcome bonuses in the industry, so you won’t want to overlook the BetUS promo code when you sign up.

The scope of sports coverage at BetUS is very thorough, and this entails everything from soccer, NBA and MLB through to tennis and cycling. The site is neatly laid out, so you can check your preferred markets within a few clicks and you can fill in a betting slip with ease.

At BetUS, you can deposit and withdraw using credit cards, cash transfers, bank wires, and cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. If you’re wary of providing your credit card information through an online form, you can fund your account via telephone by calling 1-888-51-BetUS (23887).

5. Bovada – Offers an excellent live streaming platform for those enjoying sports betting in Tennessee

Bovada has been a bit of a game changer in the Tennessee sports betting scene, and that is partly down to the fact that the site facilitates live streaming. Those with a registered account will have unfettered access to an HD quality live stream, so you can watch your favorite teams on the move.

Having a prop builder tool is great for customizing bets and aside from traditional choices, such as NBA, NFL, and MLB, you will also find niche sports to wager on, including snooker and handball.

You can activate the Bovada bonus code with little hassle, and it is one of the most competitive we have found.  Making deposits and withdrawals are very straightforward too. Accounts can be funded using Bitcoin Cash or Litecoin, and payments are usually processed within a matter of hours. Users will have access to 24/7 customer support in case they experience trouble online.

6. Sportsbetting.ag – Good site for soccer coverage

Sportsbetting.ag may look like a no-frills website on first glance, but it has plenty going for it. Here, you will be able to find odds boosts, as well as futures if you prefer to take a more long-term view with your betting and it is one of the best sites for soccer odds.

For the Esports aficionados, Sportsbetting.ag has a solid Esports library, with CS:GO, League of Legends, and Dota 2 among the most popular titles you can wager on. Here, you will be able to stream live matches from the biggest tournaments across the world.

Sportsbetting.ag accepts a wide range of crypto payments, including Bitcoin, Ripple, Litecoin, and Ethereum. Typically, you will need to deposit a minimum of $20 and the maximum amount usually imposed is $100,000. The Sportsbetting.ag promo code for new players shouldn’t be scoffed at either.

In terms of customer support, Sportsbetting.ag has a live chat facility, so if you run into any difficulties online, you can speak to a bot and they will be able to tackle any queries.

7. BUSR – Versatile across many sports, including horse racing

If you are after great horse racing betting sites, then BUSR should be borne in mind. This site is packed out with a full schedule of all the latest thoroughbred races in the US and Europe, so you can pinpoint the meets that appeal most to you to wager on.

Like Sportsbetting.ag, BUSR has a healthy sprinkling of Esports markets, such as LoL and CS:Go where you will find plenty of pre-match and in-play lines.

Not only that, but if your preference is to bet with crypto, then BUSR delivers as you can make deposits with Bitcoin and Litecoin. The BUSR promo code can be activated if you wish to collect a matched deposit and it is quite an attractive offer.

But BUSR is well received for its customer support options. There is an extensive FAQs section, as well as a contact form, phone number, and live chat facility if you want to speak to a member of the team.

8. Everygame – Much improved TN sportsbook

Everygame is fast developing into one of the best sites for Tennessee sports betting, and you will find a whole host of mainstream options, such as  soccer, NFL, and NBA, but also more niche sports, such as Aussie Rules and table tennis.

Esports are well covered at Everygame as you will notice markets for CS:GO and Dota 2. Like the main sports library, this will be separated into outright lines and top bets.

There is a neat section of the site entitled Hottest Bets, which draws the bettors’ attention to some of the most insightful picks outlined by Everygame. Depositing is also straightforward at Everygame and you will have access to the latest e-wallets and cryptocurrencies. Skrill, Neteller, and ecoPayz are among the accepted options and you can also access support 24/7 should you need it.

The Everygame bonus for new players is also quite tasty and with customer support available 24/7, it makes wagering at this TN sports betting site fun.

9. BetAnySports – Reliable site for making prop wagers

BetAnySports is a great option for horse racing enthusiasts but the main sportsbook is still pretty rigorous when it comes to covering mainstream sports. However, in the Other Sports section, you can find lines for handball and water polo.

The props builder section is worth checking out, as you can choose your preferred prop and filling in the betting slip is easy. The live section, meanwhile, is quite immersive so you can see what matches are in progress.

The only complaint we may have is that the BetAnySports promo codes are more targeted towards ongoing players, but the welcome bonus is still fair.

In terms of payments, BetAnySports supports cryptocurrencies and it is one of the best Bitcoin betting sites. There are no fees incurred for making deposits, however, the range is considerably smaller compared to other offshore sites.

10. Jazz – Has a comprehensive racebook covering all the biggest meets

Jazz may not seem the most glamorous site, but it has the upper hand over its competitors when it comes to its college sports offering. Here, you will find regular season props and futures for college football and basketball. Jazz excels as a racebook as you can place exotic style wagers, such as exacta, trifectas, and superfectas on the most prestigious races in the US.

There is a decent selection of sports, as you will find lines for cricket and rugby, while the fighting section incorporates MMA and boxing. For any given match, you will find the Moneyline and totals over/under section.

The Jazz bonus is quite enticing compared to some of its competitors, while the other promotions for existing players are also quite generous.

In terms of payments, Jazz facilitates cryptocurrencies as well as P2P deposits, although there is a maximum $500 transaction limit placed here.

More on gambling in Tennessee…

Learn about all types of online gambling in TN in our expert guides below:

• Tennessee Real Money Online Casinos
• Tennessee Horse Racing

Comparing Sportsbooks in Tennessee

Having provided mini reviews for the top 10 sportsbooks, let’s see how they perform across key performance indicators. Our table will explain more:

Explore Our Sportsbook Reviews

Is Sports Betting Legal in Tennessee?

Sports betting is legal in Tennessee and it has been around for three years. It is one of the few states to enforce an online-only sports betting policy, but the US is brimming with some of the best betting apps which TN residents can access.

The Tennessee Lottery is responsible for regulating and overseeing all sports betting related activity in the state. Retail sportsbooks aren’t legal, but there are plenty of state-recognized online sportsbooks to play at which include DraftKings, BetMGM, and FanDuel. However, should you choose to do so, you can play at offshore sportsbooks without fear of prosecution.

Explore Our Sports Betting Guides

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Who can Legally Bet on Sports in Tennessee?

To bet in Tennessee, you will need to be a resident and you will have to be at least 21 years old. You will also have to be within state lines to place sports wagers.

However, before TEL fully rolls out retail betting, you can use any of the offshore sportsbooks we have discussed in the guide.

How to Bet on Sports Online in Tennessee

You can kickstart your Tennessee sports betting experience in a matter of minutes. Let’s show you how you can get started with the top recommended sportsbook in this guide – BetOnline.

Step 1: Set up a BetOnline Account

Firstly, head over to BetOnline. Then, press the ‘Join’ button and this will bring up the registration page.

Step 2: Verify Your Email

After sharing details such as your name, address, and cell number, you will need to click on the link sent to you by the BetOnline team, in which you will need to verify your email.

Step 3: Make Your First Deposit

You will now be able to deposit from as little as $10 to feed your bankroll. Pick from the available methods, such as Bitcoin, Bitcoin Cash, Ripple, and Litecoin. Here, you will be able to collect the BetOnline bonus, which is a 50% deposit match up to $1,000.

Step 4: Begin Betting

Once, you have completed the above steps, you will be able to start betting. Head over to the main sportsbook lobby and pick the markets that appeal most.

Tax on Sports Betting Winnings in Tennessee

With sports betting in TN, the state arguably takes a more stringent approach to taxing winnings. Usually, the lottery will withhold 25% of all winnings accrued from gambling, but that’s if you provide a Social Security Number.

Failure to show your SSN could see you forfeit 28% of your winnings for tax purposes. Nevertheless, there is no state income earned tax, so it depends on how you use your winnings as money gained from the lottery or sports is not viewed as taxable income.

Payment Methods available at Tennessee Betting Sites

When you join a Tennessee sports betting site, you will want to be presented with a wide array of options for making deposits and withdrawals. Fortunately, this is the case, so let’s look at the choices you are likely to encounter:

Crypto Betting Options

Bitcoin is seen as the predominant crypto option and it is free to use Bitcoin with a certified wallet. As such, you will be able to use Bitcoin at most offshore sportsbooks, including BetOnline and XBet.

E-Wallet Betting Options

E-wallets are quite inclusive nowadays, so it’s not limited to PayPal. No, at many sites, such as Bovada, you will see that Neteller and Skrill are among the common options for bankrolling your account.

Traditional Payment Methods

This remains a ubiquitous payment option. At the offshore sites we have referred to, VISA and MasterCard are the most trusted options and they are free to use. We recommend you submit a credit card authorization after registering.

Bonuses Available at Tennessee Sportsbooks

The Tennessee sports betting sites that are worth their salt will be complete with some of the finest bonuses. These will come in all shapes and sizes and they will help kickstart your betting experience. We have outlined a few of the popular types you can use for sports betting in TN.

Match Deposit Bonuses

To break the ice, many sites will offer match deposit bonuses. Players will be rewarded duly depending on how much money they feed into their accounts. Usually, deposits will be matched by at least 50% or in the case of BetUS, it could be matched by a whopping 125%.

No Deposit Bonuses

A No Deposit Bonus rewards players purely for signing up. At Tennessee sports betting sites, players will be handed free credits to place wagers. These are essentially risk free, and it is a nice sweetener to lure new players to a site.

Free Bets

Tennessee sports betting site will be replete with the best free bets offers. However, there is more risk attached here and the wagering requirements may be significantly steeper – 30x or 40x. So, if you bet $300 on an event with a 30x wagering requirement, then you would have to bet $900 before collecting any winnings.

Explore Our Online Betting App Guides

Popular Sports to Bet on in Tennessee

At most Tennessee sports betting sites, players will be awash with plenty of options and this will include wagering on the biggest competitions. We have outlined them in more detail.

Gaining yardage with NFL Betting

NFL betting is the staple for most sportsbooks, so you can find tons of pre-match and futures odds at many of the best NFL betting sites, including MyBookie. The NFL futures odds will also extend to the highly anticipated NFL draft. Tennessee is home to the Tennessee Titans.

Slam dunking with NBA Betting

Sports betting in Tennessee and NBA go hand in hand. There are a raft of lines during the regular season and the postseason playoffs, and XBet runs special competitions to keep fans interested. Tennessee has one NBA team – the Memphis Grizzlies.

Load the bases with MLB Betting

Major League baseball is available at all our recommended offshore sportsbooks. At many MLB baseball sites, you will discover futures odds for the World Series as well as get access to some great player props.

Puck intrigue with NHL Betting

NHL betting also chimes well with Tennessee sports betting sites. BetOnline comes out on top here for advanced futures and it is quite extensive with its coverage of international hockey leagues.

H3: Breaking Play with College Football Betting

College football is huge for Tennesseans. While not all sites are well versed in this area, those that do such as BetOnline, will provide in depth futures odds. Among the college football teams in Tennessee includes:

• Austin Peay State University
• East Tennessee State University
• University of Memphis

Making Three-Pointers with College Basketball Betting

The Volunteer State has a strong college basketball program, and from a betting perspective, things come alive during March Madness. BetOnline will help you navigate this tournament with some good value pre-match lines. Here are some of the NCAA Division I teams that are based in Tennessee:

• Austin Peay State University
• Belmont University
• East Tennessee State University

Holing the Winning Putt with Golf Betting

Golf is a season-long sport and most of our recommended sites will be well stocked with pre-tournament lines for all the PGA Tour events. Bovada, for example, will carry plenty of lines for the Majors and there is a live stream so you can keep abreast of the action.

Eyeing a Photo Finish for Horse Racing Betting

BetUS and BUSR stand out for horse racing betting and you can find exotic bets for a wide range of thoroughbred races across the world. Also, you will be able to wager on the biggest US meets, including the Preakness Stakes and Kentucky Derby.

Go Big with DFS Betting

Daily Fantasy Sports betting has evolved over the past few years, and more operators have entered the Tennessee sports betting scene. As such, you can play against your friends at sites, such as DraftKings and Fan Duel that will be brimming with DFS lines for NBA and the NFL.

Live Betting with Tennessee Sportsbooks

Live betting has become a focal point for many offshore sportsbooks. In Tennessee, BetOnline ranks well in this regard as you can discover live bet promotions and you will also be able to place live bets.

BetOnline is also one of the best cash out sportsbooks as you can resolve bets before the market closes and ultimately, the bettor is given more control.

Bets that are Illegal in Tennessee

Compared to many other sites, Tennessee has quite a liberal attitude towards online sports betting. In the meantime, college football betting is frowned upon and making prop bets. However, that shouldn’t stop from you placing these kinds of wagers at our recommended offshore sportsbooks.

How Tennessee Sports Betting Compares to Other States

Tennessee sports betting is in a privileged position compared to other neighboring states. For example, Kentucky sportsbooks are yet to materialize and it remains to be seen when sports betting will be introduced to the state.

Similarly, the green light hasn’t been given to Georgia sportsbooks, however, after trying to table numerous bills, it is hoped Georgia could launch sports betting in 2023.

The Best Sportsbook for Tennessee

Tennessee sports betting may only be an online option at present, but residents will be spoilt for choice as to where to bet. The offshore sportsbooks we have mentioned in this guide are very versatile and they will be swarmed with sports markets.

However, we have determined BetOnline to be the best overall. It has a fantastic live betting platform and the welcome promotion is decent, so you should sign up to BetOnline today.

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