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Tennessee Sportsbook Promotions 2024: Best TN Betting Bonuses & How to Claim Them

Last Updated on 09.04.2024
Fact checked by: Emily Carter

Online sports betting is legal in the Volunteer State, so it makes good sense to track down the best Tennessee sportsbook promos to give your wagering an extra edge.

I’m going to be taking a look at the top sportsbooks available in the state, and checking out what’s available in the way of special promotions, not forgetting those all-important promo codes. I’ll be explaining the various bonus offers too, along with tips for making the most of them.

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Redeem the best sports betting bonuses in Tennessee for 2024

BetMGM
Recommended
Favicon
4.7/5
Requirements (WR):
Min. Deposit: $5
Min. Odds:
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Tennessee
Players from Tennessee accepted
T&Cs apply, 21+
Go to BetMGM
Get bonus now
Payment Methods
Bank Transfer
PayPal
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Tennessee (US) Education Lottery Corporation
Award
GGA – Digital Operator of the Year (2023)
Show less
FanDuel
Hot Offer
Favicon
4.6/5
Requirements (WR): 1x Deposit
Min. Deposit: $10
Min. Odds:
FanDuel Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
Tennessee
Players from Tennessee accepted
T&Cs apply, 21+
Go to FanDuel
Get bonus now
Payment Methods
Bank Transfer
PayPal
Play+
+
Withdrawal
1 – 10 Days
Apps
License
Tennessee (US) Education Lottery Corporation
Award
Global Gaming Awards (2022)
Show less
Caesars
Hot Offer
Favicon
4.5/5
Requirements (WR): 1x Deposit
Min. Deposit:
Min. Odds:
Caesars Bonus
100% up to $1000
Tennessee
Players from Tennessee accepted
T&Cs apply, 21+
Go to Caesars
Get bonus now
Payment Methods
Bank Transfer
PayPal
PayNearMe
+
Withdrawal
1 – 5 Days
Apps
License
Tennessee (US) Education Lottery Corporation
Show less
DraftKings
4.
Favicon
4.5/5
Requirements (WR): 1x Bonus
Min. Deposit: $5
Min. Odds:
DraftKings Bonus
Bet $5, Get $150 in Bonus Bets Instantly + All-Customer SGP Insurance
Tennessee
Players from Tennessee accepted
T&Cs apply, 21+
Go to DraftKings
Get bonus now
Payment Methods
Bank Transfer
PayPal
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Tennessee (US) Education Lottery Corporation
Award
EGR – Operator of the year (2023)
Show More
BetFanatics
5.
Favicon
4.4/5
Requirements (WR):
Min. Deposit:
Min. Odds:
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
Tennessee
Players from Tennessee accepted
T&Cs apply, 21+
Go to BetFanatics
Get bonus now
Apps
License
Tennessee (US) Education Lottery Corporation
Show More

Top 4 Tennessee sportsbook bonuses

All sportsbooks tend to offer some sort of introductory bonus, but I think these 4 are the best deals, since they come from tried and trusted brands, all of which come with an impressive reputation:

  • BetMGM – Bet $5 to receive $150 in bonus bets
  • DraftKings – Bet $5 to receive up to $1.000 in bonus bets
  • FanDuel – Bet $5 to receive $200 in bonus bets
  • Caesars – Up to $1.000 in bonus bets

Quick facts: Tennessee betting promos

CategoryInformation
Legal betting age21
Online launchNovember 2020
Online casinos
Online sportsbooks
Retail betting
Remote registration
Betting on college sports
Number of sportsbooks12

The top Tennessee betting offers at leading sportsbooks

We all have a love of basketball in common, but we each have our own tastes in terms of online wagering. What’s absolutely perfect for one bettor might not be at all suitable for another, so I’ve tried to include plenty of options in the following list. These are the top sportsbooks in the Volunteer State, and all of them aim to get you off to a great start with a generous promo offer.

BetMGM – One of the best Tennessee sportsbook promos

BetMGM sportsbook and casino
BetMGM Bonus: Pros & Cons
  • Easy to understand terms
  • Minimum deposit of just $10 required
  • Flexibility to select your wager
  • BetMGM Rewards also available
  • Not the biggest BetMGM promo offer

BetMGM really needs very little in the way of introduction, as it’s a familiar name to bettors around the world. The sportsbook offers immediate access to over 20 sports, along with a wide variety of betting markets, including same game parlays, which offer the potential for bigger payouts, albeit with a higher risk level. The promotional offer for new customers is presented as $150 in bonus bets when you wager $5 or more.

To access the offer you’ll need to provide ID confirmation and deposit at least $10 into your brand new BetMGM sportsbook account. Then it’s time to place your first bet of at least $5. It makes no difference whether that wager wins or loses, you’ll be awarded $150 in bonus bet credits when the bet settles, although it could take up to 24 hours for the bonus to arrive in your account. You’ll receive 6 x $25 bets, with a total of 7 days in which to use them.

Sports Bonus
4.7/5
BetMGM
Sports Bonus
4.7/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Free Bet
|
T&Cs apply, 21+
Go to BetMGM
Get Bonus

DraftKings – No Tennessee sportsbook promo codes required

draftkings main
DraftKings Bonus: Pros & Cons
  • Easy to understand bonus terms
  • Up to $1.000 available in bonus bet credits
  • Applies to your first sportsbook wager
  • Plenty more bonuses to come
  • Bonus only applies if your first bet loses

DraftKings is renowned for its Daily Fantasy Sports, but it would be a big mistake to overlook the platform’s sports betting provision. Available as an app download for iOS and Android handheld devices, DraftKings puts the power of sports betting in your pocket, so you can take advantage of a spare few minutes to catch up on your favorite sports and place a few online wagers.

The introductory bonus is as easy and straightforward as everything else about this sports betting platform. You simply need to deposit funds into your new customer account and place a bet of $5 or more on the sporting fixture of your choice. If your bet loses, you’ll receive a bonus bet to the value of your stake, up to a maximum of $1.000. Make sure you use your bonus bet credit within 7 days of receiving it, before it becomes void – if your bet wins, you’ll receive the winnings, but not the stake itself.

Sports Bonus
4.5/5
DraftKings
Sports Bonus
4.5/5
Bet $5, Get $150 in Bonus Bets Instantly
Welcome Bonus
|
T&Cs apply, 21+
Go to DraftKings
Get Bonus

FanDuel – An interesting promo offer that’s perfect for new sports bettors

fanduel main
FanDuel Bonus: Pros & Cons
  • Great sportsbook app for beginners
  • Up to $1.000 in bonus bets available
  • Easy and straightforward terms
  • Available to all new customers
  • Bonus only applies if your first bet wins

You won’t usually need any Tennessee sportsbook promo codes when you sign up for a FanDuel account, but if that changes, I’ll be sure to let you know. For now, you only need to download the relevant app and register as a new customer to activate your introductory bonus. You’ll need to have your SSN details to hand as you complete the registration form, ensuring that the sportsbook can confirm your age and address to make sure you’re eligible for the promotion.

Next, you’ll need to deposit $10 or more before placing your first wager, which needs to be at least $5 to activate the bonus. Your qualifying bet needs to win to trigger a payout of bonus bet credits into your account, to the value of $150, with the bonus becoming available within 72 hours of your first bet settling. You can use your bonus to wager on any of the available sports across this sportsbook platform, which is an ideal starting point for new bettors.

Sports Bonus
4.6/5
FanDuel
Sports Bonus
4.6/5
Bet $5 Get $200 in Bonus Bets if your bet wins
Welcome Bonus
|
T&Cs apply, 21+
Go to FanDuel
Get Bonus

Caesars – Help yourself to one of the best Tennessee betting bonuses

Caesars
Caesars Bonus: Pros & Cons
  • Up to $,.000 in bonus bet credits
  • Straightforward terms
  • 14 days in which to use your bonus
  • Caesars Rewards also available.
  • Bonus bet to be used for one wager only

Caesars Entertainment is most closely linked to casino gameplay, but that was before the organization acquired the mighty William Hill sports betting platform. The merger has ensured that Caesars is now one of the biggest brands in the industry, with an introductory bonus to match its best in class status. And as a bettor, that means you can claim up to $1,000 in bonus bet credits.

You’ll need to deposit a minimum of $10 to claim this bonus, and in line with all other legal sportsbooks in the Volunteer State, you’ll need to verify your ID and eligibility to wager before the registration process can be completed. Once approved, you can place your first wager, and if it loses you’ll receive your stake back as bonus bet credits, up to a maximum of $1,000. You’ll have 14 days in which to use your bonus bet before it becomes void, giving you a little more time than at some other Tennessee sportsbooks.

Sports Bonus
4.5/5
Caesars
Sports Bonus
4.5/5
100% up to $1000
Risk-Free Bet
|
T&Cs apply, 21+
Go to Caesars
Get Bonus

You’ll find that Tennessee betting bonuses come in a number of different formats, but the most popular options are:

  • No-sweat bets
  • Deposit match offers
  • No-deposit bonuses.

Sportsbooks use one or more of these bonuses as introductory offers, enabling bettors to enjoy even more wagering opportunities, regardless of their wagering budget. They allow new customers to make the most of their initial wagering opportunities – with the possibility of claiming withdrawable winnings as a result – although that’s by no means guaranteed!

If you’re keen to have sports betting bonus types explained in more detail, this section has all the necessary information you need to know.

No-sweat bets

There are two options when you place an online sports bet – you win, or you lose. But a no-sweat bet takes some of the risk out of the sports betting equation, as it gives you a second bite of the cherry if your first bet doesn’t deliver. However, in some cases, such as the FanDuel Tennessee sportsbook bonus, you’ll only receive your bonus bet credits if your first bet wins. That’s why it’s essential to check out the terms and conditions of each bonus offer, so you know exactly what’s required of you to claim and use the promotion.

Deposit match bonuses

A deposit match offer is expressed as a percentage – usually 100%, but it could be more or less, depending on the platform. When you make a deposit using your own funds, the sports betting site awards you a matched percentage in bonus bet credits. So if you deposited $100 with a 100% deposit match offer, for example, you’d receive an additional $100 in bonus bets. It’s important to remember that bonus bets don’t return your stake if your bet wins, so you’ll only receive the winnings. But if that equates to free money, I’m certainly not going to be complaining, and I suspect you won’t be either!

No deposit bonuses

The most sought-after Tennessee betting promos are the no-deposit bonuses, although they’re as rare as hen’s teeth. With this type of promotion you don’t need to make any deposits into your brand new sportsbook account, as site credits can be used to place your first wagers on the platform. If you’re particularly keen to check out this type of promotional offer you’re best advised to start looking when there are big sporting fixtures coming up, such as March Madness, or the Super Bowl. Brand new sportsbooks also tend to give out no-deposit bonuses as a way of attracting more customers, so they’re always worth a closer look too.

A broad choice of online sportsbooks in Tennessee

At the time of writing, I’ve identified 12 legal sports betting sites in the Volunteer State. Each one offers some sort of Tennessee betting promo offer, so there’s no shortage of available options.

SportsbookMobile appsOdds providerWelcome bonus (maximum)
Action 24/7Action 24/7$50 bonus bet
BetlyIGT$250 bonus bet
BetMGMBetMGM$150 bonus bet
CaesarsCaesars$1,000 bonus bet
DraftKingsSBTech$1,000 bonus bet
ESPN BETPENN$150 bonus bet
Fanatics SportsbookAmelco$100 bonus bet
FanDuelFlutter$200 bonus bet
Hard Rock BetGiG$100 bonus bet
SuperBookStadium$250 bonus bet
WagrWagrn/a
ZenSportsZenSports$1,000 bonus bet

I’ve covered a lot of information about the types of bonuses you can expect when you register and play at a Tennessee sportsbook, but that’s not the complete picture. You’re bound to still have a number of questions, so I’ll attempt to cover them all in this section of my Tennessee sportsbook promo guide.

When did sports betting become legal in Tennessee?

Perhaps surprisingly, the Volunteer State was the first to legalize online sports betting back in April 2019, although the official launch didn’t take place until November the following year, when BetMGM, FanDuel and DraftKings went live.

Is retail sports betting available in Tennessee?

No, there’s no retail betting allowed in the state, so you can’t physically bet at a bricks and mortar sportsbooks or casino. In fact, there are no online casinos available in the Volunteer State either, so it’s strictly online sports betting, at least for the time being.

How old must I be to bet on sports in Tennessee?

All bettors wanting to place a sporting wager in the Volunteer State need to be at least 21 years old. This is in contrast to some other states, where the requirement is lowered to 19, and even 18 in some cases – but unfortunately that’s not applicable in Tennessee. You’ll be expected to input at least the last 4 digits of your SSN, along with proof of your age and address before you can legally register at a Tennessee sportsbook and claim your promo offer.

Who can claim a sportsbook bonus in Tennessee?

Provided that you fulfill the age requirement and reside within Tennessee state lines, you’ll be able to register and place bets at your choice of sportsbooks. Geolocation software ensures you won’t be able to access the platform and place any sporting wagers unless you’re physically present within the state.

Do I need to pay tax on my sports betting winnings in Tennessee?

You certainly do, as the IRS is particularly interested in any accumulated wins that pass the $600 mark. Most sportsbooks will give you a helping hand by withholding 25% of your winnings, but it’s not something you should rely on. The Tennessee sports betting tax rate typically stands at 25%, and you’ll need to fill in a form W-2G issued by your sportsbook to ensure you keep on top of paying all relevant taxes.

Your Tennessee sportsbook bonus codes are waiting to be discovered

Now that I’ve covered all the essential facts about claiming a Tennessee sports betting bonus, you probably have a good idea which offers you’re most keen to explore in more detail. Here at Dunkorthree.com you’ll find insightful reviews for all the leading sportsbooks available in the Volunteer State, as well as comprehensive guides to the various bonus promotions, along with advice for making the most of them too.

Remember to check through the bonus reviews to pick up any current promo codes needed to activate your bonus offer. Each guide has the full details of how to claim and use the bonus, giving you some excellent opportunities to stretch your betting funds a whole lot further and check out even more wagering opportunities.

In case you missed them…

Bet365
1.
Favicon
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to Bet365
Get bonus now
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
2.
Favicon
4.7/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
Min. Deposit: $5
Go to BetMGM
Get bonus now
T&Cs apply, 21+
FanDuel
3.
Favicon
4.6/5
Bet $5 Get $200 in Bonus Bets if your bet wins
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel
Get bonus now
T&Cs apply, 21+
Caesars
4.
Favicon
4.5/5
100% up to $1000
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit
Go to Caesars
Get bonus now
T&Cs apply, 21+
DraftKings
5.
Favicon
4.5/5
Bet $5, Get $150 in Bonus Bets Instantly + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $5
Go to DraftKings
Get bonus now
T&Cs apply, 21+

Tennessee sportsbook promos FAQ

❓Where can I find the latest Tennessee sportsbook promo codes?

You’ll find all the information you could possibly need about the top Tennessee betting bonuses right here at Dunkorthree.com. From details of the latest promo codes through advice on making the most of your sportsbook wagering opportunities, you’ll find it all right here.

🤔 Which are the best Tennessee sportsbook bonuses?

Whether it’s a deposit match offer or a no-sweat bet, the Volunteer State has plenty of great offers for sports bettors – and the full details can be found right here at Dunkorthree.com. There’s something to suit every type of sports fan here, with promotions from the leading sportsbooks to help give your bankroll an extra boost.

🏆 How do I choose between the various Tennessee betting promotions?

There’s a sportsbook promo offer for every new signup in Tennessee, and here at Dunkorthree.com I’ve been picking out the cream of the crop. Come and check out the very best sportsbook promotions and help your sports betting in Tennessee get off to a flying start.

Top Betting Sites
Top Betting Bonuses
Bet365
Bet365
Bet365 Review
4.7/5
BetMGM
BetMGM
BetMGM Review
4.7/5
FanDuel
FanDuel
FanDuel Review
4.6/5
Caesars
Caesars
Caesars Review
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.7/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.7/5
FanDuel
FanDuel Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
T&Cs apply
4.6/5
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
DraftKings
DraftKings Bonus
Bet $5, Get $150 in Bonus Bets Instantly
T&Cs apply
4.5/5
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Emily CarterJackson T. PierceMike GoodpasterJP ZhangBrendan Heffernan
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Emily Carter
Gambling Editor
Jackson T. Pierce
Gambling & DFS Editor
Mike Goodpaster
Mike Goodpaster
Chief Editor Betting
JP Zhang
JP Zhang
Founder
Brendan Heffernan
Editor
Eric Winkler
Editor
Ian Johnson
Editor

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