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Tennessee Online Sports Betting

In The Volunteer State, the sports betting scene is lit brighter than the neon signs on Broadway. Bonus Bet USA is sat in the back of a smoky bar in Memphis – writing up sportsbook signup offers that are every bit as wonderful as Dolly Parton’s finest country bangers.

If you or anyone you know has a gambling problem, please call 1-800-GAMBLER.

Tennessee Sportsbook Bonuses

ESPN BET

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ESPN Review

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Bet365 Review

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Fanatics Review

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BETRIVERS Review

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DraftKings Review

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Caesars Review

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BetMGM Review

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FanDuel Review

Tennessee Sports Outright Winners Odds

There are a vast number of sports on which you can bet online – each of our Tennessee sportsbook betting reviews will tell you exactly what sports are available. As a proud resident of Tennessee you will easily be able to place online wagers on the following professional Tennessee based sports teams from your mobile device, tablet or desktop.

Get a Winning Start to Online Betting in Tennessee

Before you sign up to a sportsbook – make sure you grab one of the sign-up offers on this website by clicking on one of our Claim Offer links above (affiliate disclaimer: we may receive a payment from the sportsbook for this service).

Our links will automatically open the Tennessee sportsbook sign-up page for you – and also trigger any signup bonus reward mechanism. Depending on the sportsbook – you may also be asked to add a promo or bonus code, these are clearly stated on our offer pages.

By signing up to a sportsbook through Bonus Bet USA and then following the simple bonus-activation process, you will activate the offer listed above and snag your bonus bets. Every offer comes replete with its own terms and conditions, which might include receiving the listed bonuses in multiple bet-increments, time-boxed betting windows, or, what is known as play-through requirements.

These are super-simple yet important to understand. We clearly state the relevant terms & conditions within our offer pages, be sure to read them – an informed bettor is a smarter bettor!

You may need to prove your identification and/or residential status during sign-up, so have a think about where your documentation is before you begin. It is usually your social security number that is requested upfront, but some sportsbooks require further ID checks, usually in the form of a drivers license or state ID card.

Online sports betting is now legal in Tennessee after the state legislature approved a sports betting bill in the spring of 2019. However, it only permits betting online and on mobile apps and no retail sports betting is permitted. It went live in November 2021 and there are now 12 active and approved sites.

In order to place an online sports wager in Tennessee, all bettors must be at least 21 years of age, be registered with one of the legal sportsbook, and be within state borders when they place their bets.  

Sports Betting Winnings are Taxable in Tennessee

Income from winnings from online sportsbooks is taxable at a federal level, and so the Internal Revenue Service (IRS) requires each individual to report and pay tax on all of their gambling winnings, including amounts won through online sports betting. These sums must be reported as “Other Income” on IRS Form 1040, with the rate an individual pays being based on their annual earnings.

For individuals, there is no tax on winnings imposed specifically by the state, but sportsbooks in Tennessee now pay tax on their sports betting handle — the amount bettors wager — at a rate of 1.85%. They are the only state in the US to tax sportsbooks in this way. The others claim a flat percentage of their gross adjusted revenue.    

Who Regulates Tennessee Sports Betting?

Online sports betting in Tennessee is administered by the Sports Wagering Council (SWC) who are responsible for the regulating of all online sports wagering and fantasy sports in the state.

Further Reading: https://www.tn.gov/swac/about.html

Can I Bet On Tennessee College Sports Online?

Tennessee does permit betting on collegiate sports events but there are restrictions around betting on college games involving teams from the state or individual player prop bets related to college sports. Any bets placed must be done by individuals aged 21 or over.

Can I Bet On E-Sports Online?

Yes, betting on E-Sports is legal in Tennessee and has been since 2019.

Responsible Gambling In Tennessee

Bonus Bet USA supports Fun, Safe & Responsible Gambling. Head to our Responsible Gambling page for more information and links to resources which could be helpful. Gambling and sports betting are designed purely for fun and entertainment, but when they escalate to harmful levels, severe repercussions can follow. In essence, any gambling that negatively impacts your personal or work life constitutes problem gambling.

The notion of responsible gambling encourages secure, controlled, and lawful gambling experiences while reducing the potential harm to individuals, families, and society. The saying “too much of a good thing can be detrimental” is definitely applicable to gambling.

Signs of Problem Gambling

Several warning signs indicate problematic gambling behaviour, such as:

  • Frequently daydreaming about gambling or betting strategies
  • Increasing bets to achieve the thrill of excitement
  • Wagering money not designated for entertainment or money you cannot afford to lose
  • Feeling irritable, anxious, or annoyed when ceasing gambling activities
  • Engaging in illegal activities to support or fund gambling
  • Taking loans to finance gambling
  • Attempting to recover lost funds by placing larger bets
  • Deceiving friends, family, and colleagues about the extent of your gambling

However, the most significant and telling sign of excessive gambling is the inability to stop or reduce it despite attempts to do so. In addiction terminology, this is referred to as acting “without your own permission.”

If you or anyone you know has a gambling problem, please call 1-800-GAMBLER.