Sports Betting Q&A
Frequently asked questions about sports betting

When will sports betting be legal in Tennessee?

Last Updated: Jan 13, 2021
|
Fact Checked By: Adam Zdroik

Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.

Legalized sports betting seemed like a long shot until late 2018 and that eventually led to the governor allowing the current bill to pass in 2019. Since it has no casinos, Tennessee is the only state that has online-only sports betting.

Lottery officials approved final rules, regulations and processes in April 2020 and there was a glaring number that stood out. Tennessee is capping payouts at 90% with a 10% minimum hold rule, which is higher than the national average of 6.8% following the repeal of PASPA. This hold worsens odds for bettors, which could in turn hurt the state's chances of succeeding with legalizing sports betting. If things don't go to plan, the state can go over the rules and regulations in a year and adjust as needed.

As of April, the state lottery still has to grant licenses for companies (DraftKings, FanDuel, etc.) to run online sportsbooks in the state.

Because Tennessee is set to be the first with online-only sports betting, it can't base its system off a different state's framework, which is partly why this has become a process.

Daily Fantasy Sports were legalized after passing a bill in 2016, and it includes some of the usual regulations for fantasy sports like deposit limits, identity verification and annual audits. 

Tennessee also has a bill for office pools, which states the max entry can't be greater than $25 and total prize pools are no greater than $1,000. The state allows horse racing betting, though that can only be done online.

Read More Sports Betting Q&As

More Questions To Read
A hedge is a method to reduce risk and secure winnings for a specified bet.
Odds can refer to moneyline, spread or total bets, and they can be displayed as American, British (fractional) or European (decimal).
Sports betting spreads, also referred to as lines, are used to even the odds between two unevenly matched teams.
Bonus bets in sports betting are often connected to deposits and are also referred to as bonuses.
Yes. Legal online sports betting is legal in the state of Ohio.
The BetMGM bonus code is ROTOBONUS giving new customers a $1500 first bet offer. Copy and paste the code upon registration to redeem.
While 21 is the more common age limit, there are states in which you can bet on sports if you are at least 18 years old.
A unit in sports betting is a measurement of the size of a given bet.
The FanDuel promo code link gives new users a terrific welcome offer. Sign up with the link on this page to get your bonus, now.
The plus (+) and minus (-) in sports betting can refer to either the point spread or betting odds.
DraftKings is legal for sports betting via the DraftKings Sportsbook mobile app, website or retail location in close to 20 U.S. states and 44 for DFS.
FanDuel Sportsbook is legal in 22 states. These states are AZ, CO, CT, IL, IN, IA, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY.
PWBA bowling betting is available with BetRivers Sportsbook , however, the number of states where it is approved is limited. Only bettors in...
Yes. BetRivers Sportsbook is the only known regulated online sportsbook with an option to place PBA bets.
As of this writing, BetRivers Sporstbook is the only known regulated online sportsbook with an option to place PBA bets...
The NCAAB BetMGM bonus code is ROTOBONUS and it was a very attractive $1,500 first bet offer for new customers. Anyone could sign up for...
Yes. Sports betting is legal in North Carolina, but it will be fully operational on March 11, 2024, with pre-registration beginning on March 1, 2024.
You can get bonus money on DraftKings by signing up for a new DraftKings Sportsbook account. Use the DraftKings promo code link for your bonus offer.
The DraftKings promo code gives new users $150 in bonus bets when they bet $5. Use the DraftKings promo code link on this page to redeem.
Yes. Sports betting launched in Kentucky in September 2023.
There are 30+ states (and Washington D.C.) that have legalized sports betting.
There are several different sports bet tracking tool options on the market. They support many leading sportsbooks, allowing you to track and...
You can track all of your sports bets and fantasy sports entries in one convenient location with RotoWire's MyBets tool...
There are several different sports bet tracking apps on the market. They support many leading sportsbooks, allowing you to track and analyze all...
Kentucky sports betting is legal, but it is not live as of yet. Expect launch in late 2023 or early 2024.