Tennessee Bonus Bets & Betting Promo Codes 2023

You can place real-money sports bets anywhere within TN borders. The state’s first legalized sports betting sites were mobile-only. However, online sportsbooks are beginning to appear too.  

The Tennessee gambling market is fresh but major operators wasted no time in getting up and running. Big players include FanDuel, DraftKings, and BetMGM, all of whom offer welcome bonuses.

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TN Online Sportsbooks: Bonus Bets Bonuses & Promotions

Some TN sportsbooks offer bonus bets to new players, with no deposit required. You won’t even need a promo code. Just open your sports betting account and claim your bonus bets.

A bonus bet is a small amount of cash that can be used to gamble on sports of your choice. You can keep any winnings you make. However, some bonus bet deals carry small wagering requirements where you’ll have to gamble the winnings a few times over before withdrawing them.

Tennessee sportsbook welcome bonuses also include bet credit offers. Make your first real-cash wager, and if it loses, you’ll be refunded in the form of bonus bets. You can then use these to bet on other markets.

As well as welcome bonus offers, TN sportsbooks offer a range of ongoing promotions for regular customers. These include boosted odds on the week’s big games and parlay boosts for winning wagers.

As in other legalized states, you may be liable for TN state tax if your promotion award is high enough. The sportsbook will automatically report any large promotion bonuses for tax purposes.

Currently betting sites in Tennessee offer bonus bets promotions, a 100% deposit bonus options, odds boost deals and other welcome offers ahead of the major sports events, such as Super Bowl or March Madness 2021. 21+ TN.

Tennessee is the latest U.S. state to offer legalized sports betting. The Volunteer State went live with sports betting apps on Nov. 1

The Tennessee Education Lottery Corporation (TEL) and its board are the regulators who are overseeing the operation of the state's sports betting program and they are breaking new ground in the American betting game.

Tennessee is the first state to offer a sports betting option that is 100 percent online. In other states, partnerships with brick and mortar casinos and sportsbooks were made a requirement before an online operation would be granted the go ahead to operate within the state.

In most states, this plan also calls for the online site to open a retail sportsbook onsite at the casino. In Tennessee, there are no brick and mortar betting sites and no land-based casinos or sportsbooks. 

There are plenty of local betting options for sports fans in the Volunteer State. The NFL’s Tennessee Titans came within a win of going to the Super Bowl last season. The NHL’s Nashville Predators played in the 2017 Stanley Cup final. The Memphis Grizzlies suit up guard Ja Morant, the reigning NBA rookie of the year.

Of course, online sportsbooks in Tennessee offer great welcome promotions for the first time players and additional bonuses for all existing customers. 

TN Sportsbook Bonus [year]

BetMGM TN – $1000 First Bet Offer Paid Back in Bonus Bets

New customers in Tennessee to BetMGM start out with a bonus worth up to $1000 back if they don't win. Use code AMERICANGAMBLER. To access this promotional offer, bettors simply need to sign up, make a deposit and place their first wager. If the bet loses, they’ll receive the amount of that wager back in bonus bets. BetMGM’s app provides both Android and iOS download options.

Caesars – Get up to $1,250 Back in Bet Credit

At Caesars TN new users can claim $1,250 back in bonus bets when they sign up and place their first real money wager. Similar to the BetMGM offer the bonus is valid only if your first bet doesn't win. You are also enrolled in Caesars robust rewards system with tiered credits. 

FanDuel TN – $1000 No-Sweat Bet

When joining up at FanDuel, new players can take advantage of their no-sweat first bet that maxes out at $1.000. Join FanDuel Sportsbook today and make that first bet. If it proves to be a loser, within 72 hours, they'll refund the entire amount up to $1.000 to the player’s account in the form of a site credit. Download the FanDuel app to either Android or iOS systems.

You can bet on college teams in Tennessee

A bonus in the state is that Tennessee will permit bettors to wager on college sports teams such as the Tennessee Volunteers and Memphis Tigers. Many states prohibit wagering on local amateur sports. Tennessee will not allow live betting on college sports, however.

The state also won’t approve live betting on any pro sport unless the sportsbook has a deal in place to acquire official data from the league.