Tennessee Sports Betting Bonuses: $6,400 in Promos in Aug. 2024
The Tennessee sports betting landscape includes a plethora of new-user sportsbook promos in 2024 — and claiming these welcome bonuses has never been easier. Read on to learn how you can lock in the best Tennessee sportsbook promos at Caesars Sportsbook, FanDuel, and BetMGM.
Top four Tennessee sports betting bonuses
21+ and present in TN. Gambling Problem? Call TN REDLINE 1-800-889-9789.
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- Caesars Benefits
- Best customer support
- Top-tier rewards program
- NFL live streaming
- Caesars Review
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- FanDuel Benefits
- Best user experience
- World-class mobile app
- Best for live betting
- FanDuel Review
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- BetMGM Benefits
- User-friendly mobile app
- Over a dozen deposit options
- Offers same-game parlays
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Tennessee sportsbook promo codes
Tennessee sports betting sites✍ | Promo code ✅ |
---|---|
FanDuel: Bet $5, get $150 if your bet wins |
Claim $150 without code |
Caesars Sportsbook: $1,000 First Bet on Caesars |
COVERSBONUS1000 |
Fanatics Sportsbook: Up to $1,500 in bonus bets |
Claim $1,500 without code |
BetMGM: $1,500 in bonus bets | CVRBONUS1500 |
DraftKings: Bet $5, get $150 |
Claim $150 without code |
ESPN BET: Up to $1,500 bonus | Claim up to $1,500 without code |
Hard Rock Bet: $100 No Regret First Bet | Claim $100 without code |
Betly: $100 bonus bet | Claim $100 without code |
Action 24/7: 100% up to $400 | Claim $400 without code |
Quick facts: Tennessee sportsbook promos
Online launch | Jan. 21, 2021 |
Active betting sites | 11 |
Best bonus | ⭐FanDuel⭐ |
Total bonuses | $6,400 |
Last verified | Aug. 2, 2024 ✅ |
Online betting | Yes ✅ |
Retail betting | No |
Betting on college sports | Yes ✅ |
Remote registration | Yes ✅ |
Online casinos | No |
Legal betting age | 21 |
1. FanDuel Tennessee welcome offer
Bet $5, Get $150 if Your Bet Wins
Ends: Aug. 18, 2024
FanDuel boasts one of the best sports betting apps in the U.S. — and is one of the top online sportsbooks in Tennessee. New users can now claim a generous sign-up bonus without the use of a FanDuel promo code: a 'Bet $5, get $150 if your bet wins' promotion.
Here are a few things to consider while claiming your FanDuel welcome bonus:
- To secure the offer, new TN users must download the FanDuel app.
- New users must provide some form of legal verification to confirm their identity when registering.
- Upon creating your account, an initial deposit of at least $5 and wager on any sports betting market is required.
- If the wager wins, FanDuel TN will credit your account with $150 in bonus bets. Bonus bets will arrive in your account within 72 hours of the wager settling.
- Remember: Bonus bets are not transferable nor can be withdrawn as cash and expire seven days after receiving them. This offer, which also grants an additional daily boost or bonus, expires on Aug. 18, 2024, at 11:59 p.m. ET.
Find out more about FanDuel TN via our detailed FanDuel review.
FanDuel promo pros and cons:
What does FanDuel's 'Bet $5, get $150' promotion mean for you?
FanDuel gives new Tennessee bettors a potential boost to kick off their new sportsbook account. The bonus bets can be spread across multiple wagers, which is ideal for wagering on the NFL.
How much money can you earn with $150 in bonus bets?
We advise wagering on an underdog to improve your chances of scoring a larger payday. Luckily for bettors, there are no odds restrictions attached to this welcome bonus from FanDuel. That means you can select any major sports betting market you like to make your wager. For example, a $150 bet on a market of +300 odds would result in $450 in redeemable winnings.
Why is this FanDuel Sportsbook bonus better than the others?
This bonus is excellent because bettors have flexibility with their bonus bets.
2. Caesars Tennessee welcome offer
$1,000 First Bet on Caesars
Code: COVERSBONUS1000
Caesars Entertainment has been in the casino and sports gambling game for a long time. Their sportsbook, appropriately named Caesars Sportsbook, is currently offering a $1,000 bonus bet on Caesars’ first bet promotion. You can redeem this sign-up offer through the following Caesars Sportsbook promo code 'COVERSBONUS1000'.
There are just a few things to know before you register for a new Caesars Sportsbook account:
- New users must provide some form of legal verification to confirm their identity when registering.
- You must deposit at least $10 to qualify for this Caesars Sportsbook promo. Deposit and wager the maximum $1,000 for the best value.
- The bet credit amount will always match the amount of your first real money wager, with a limit of $1,000. For example, if you were to deposit $1,600 and make a real money wager of that amount, you would only receive $1,000 in bet credit if the bet lost.
- Use the bet credit within 14 days, or it will expire.
Want more details? Find them in our thorough Caesars Sportsbook review.
Caesars promo pros and cons:
What does a $1,000 bonus bet on Caesars promo mean for you?
Caesars’ promo code welcome offer is a great entry point to the sportsbook for both new and experienced bettors. If the first wager made is unsuccessful, Caesars Sportsbook will provide the opportunity for a second crack at winning big via bet credit of $1,000.
Tier Credits and Reward Credits are great additions to the Caesars Sportsbook welcome bonus, especially if you regularly visit a Caesars Rewards resort or casino. The higher the tier, the more impressive the rewards. You can redeem Reward Credits for slot and table play, hotel stays, dining, shopping, and much more.
How much can you earn with a $1,000 bet credit?
The Caesars Sportsbook sign-up bonus has the potential to be the most lucrative offer in the state, depending on how much money you initially put down. Due to there being no odds requirements for this promo, you can wager on any market of your choosing. For example, if you bet on the Tennessee Titans at odds of +300 using a $100 wager, you would take home $300 in winnings should your bet prove successful.
Why is this bonus better than the others?
More than any other reason, Caesars' sign-up bonus earns its place among the best Tennessee sportsbook promos thanks to its high maximum amount of $1,000.
3. Fanatics Sportsbook Tennessee welcome offer
If you are new to Fanatics Sportsbook, you can register today to earn up to a $1,500 in bonus bets during your first 11 days using the sportsbook. Read the most important terms of this offer below, which expires on Dec. 31, 2024:
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No Fanatics Sportsbook promo code is required.
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You must make a minimum $5 initial deposit to qualify.
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You receive a 100% match on your initial bet of your first day, up to $500 in bonus bets. Your initial wager, like your qualifying daily wagers, must be at least $5 and on any sports betting market with -200 odds or longer.
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On days 2-11, Fanatics Sportsbook will issue you a bonus equal to the amount of your first wager each day, up to $100.The bonuses are awarded whether the wagers win or lose.
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The bonus bets are non-redeemable and expire after seven days of receipt.
Read our Fanatics Sportsbook review to learn more about the operator.
Fanatics Sportsbook promo pros and cons:
What does the Fanatics Sportsbook welcome bonus mean for you?
The Fanatics Sportsbook welcome offer provides a daily bonus for your first 11 days of using the platform. This unusually longer promotional window is great for new bettors and allows them to build their bankroll significantly during that time.
How much money can you earn with the Fanatics welcome bonus?
This varies depending on the size of the bonus you receive each day. For example, if you earned the full $1,500 and bet it all on a market with odds of +100, you would earn $1,500 in withdrawable cash if you win.
Why is this bonus better than the others?
Fanatics Sportsbook's offer stands as a guaranteed bonus worth up to $1,500, and unlike similar new-user promos that only activate if your initial wager settles as a loss, you receive the daily bonuses regardless of the outcome of your qualifying wagers.
4. BetMGM Tennessee welcome offer
$1,500 in Bonus Bets
CVRBONUS1500
BetMGM is another massive player in the casino and sportsbook industries. New users residing in Tennessee are eligible to claim up to $1,500 in bonus bets as a welcome bonus when they lose their first real money wager. Input BetMGM bonus code 'CVRBONUS1500' during registration to activate the offer. Before claiming your new player bonus, there are a few things to keep in mind:
- New users must provide some form of legal verification to confirm their identity when registering.
- A minimum initial deposit of at least $10 is mandatory following sign-up.
- Place a real money wager on any available market.
- It the wager settles as a loss, you will receive the entire amount back in bonus bets — up to $1,500 — within 24 hours of the qualifying bet settling.
- The bonus is issued as five bonus bets if you wager over $50. If you bet less than $50, you receive one bonus bet of equal value. For example, if you lose a $100 bet, you will receive five $20 bonus bets. Alternatively, If you wager $25 and lose, you will receive one $25 bonus bet.
- Only the winnings earned from each bonus bet can be withdrawn, as the bonus itself is non-redeemable. Each bonus bet expires seven days from issuance.
Visit our unbiased BetMGM review for further insight.
BetMGM promo pros and cons:
What does the BetMGM welcome offer mean for you?
As a new bettor, you can wager any amount up to $1,500 and receive your entire stake back in bonus bets if you lose. Whether you're betting on a heavy favorite or a relative underdog, this offer can benefit you should your wager fall short.
How much money can you earn with $1,500 in bonus bets?
The amount you can earn will depend on what markets you choose to wager the bonus bets on. If you bet on +150 odds, you could win $2,250. A bet on -110 odds could net you over $1,360.
Refer to our odds calculator to see how much you can walk away with when betting on certain odds.
Why is this bonus better than the others?
BetMGM Tennessee lets you decide how much you will receive from a losing wager. Bet $10, $100, $500, or even $1,500 to get started. Whether you value large bonuses or flexibility, this offer could be for you.
Latest Tennessee betting news
Most common Tennessee sign-up bonuses
The three most popular sign-up bonuses are risk-free bets, deposit matches, and no deposit bonuses. Sports betting operators use these and a wide range of other bonus types to attract new customers. You can learn all about the most common sportsbook sign-up bonuses via our guide.
Second chance bet
Sometimes called first-bet insurance, second-chance bets are a great way for sports bettors to wager with a reduced fear of losing. Should your first bet lose with this type of promotion in your pocket, the sportsbook will refund the amount wagered up to a predetermined number. Second-chance bets provide good opportunities for you to maximize your winnings by selecting wagers with longer odds.
Deposit match
A deposit match is when a sportsbook agrees to match a new user’s initial deposit with site credit. For example, if you sign up with a sportsbook and make an initial deposit of $500, you will receive $500 in site credit to bet with if the sportsbook’s welcome bonus is a deposit match. Keep in mind that the site credit is typically non-withdrawable and, as such, needs to be wagered before you can take out any funds.
No deposit bonus
A no deposit bonus is when a sportsbook offers currency, often site credit, to be used on bets without requiring you to make an initial real money deposit. This is generally offered during significant events — like the Super Bowl or March Madness — which draw in more sports fans, meaning more casual betters are likely to participate.
No deposit bonuses may also be offered by new sports betting sites launching in new markets. By gifting bettors a small courtesy bet with no strings attached, sportsbooks can acquire new customers for a relatively low cost.
What online sportsbooks can I use in Tennessee?
There are 11 legal online sports betting sites currently operating in Tennessee. Three of those sportsbooks went live in the Volunteer State on Nov. 1, 2020, to kick off legal online wagering: FanDuel, BetMGM, and DraftKings.
Online sportsbook | Mobile app | Odds provider | Online casino |
---|---|---|---|
Action 24/7 | Yes | Action 24/7 | No |
Bally Bet (coming soon) | Yes | Bet.Works | No |
Betly | Yes | IGT | No |
BetMGM | Yes | BetMGM | No |
Caesars | Yes | Caesars | No |
DraftKings | Yes | SBTech | No |
ESPN BET | Yes | PENN | No |
Fanatics Sportsbook | Yes | Amelco | No |
FanDuel | Yes | Flattert | No |
Hard Rock Bet | Yes | GiG | No |
Wagr | Yes | Wagr | No |
ZenSports | Yes | ZenSports | No |
More TN betting resources
Tennessee sportsbook bonus FAQs
The best sportsbook bonus available in Tennessee is the FanDuel promo code that grants you $150 in bonus bets if your first wager wins.
The Caesars TN sportsbook promo code is COVERSBONUS1000. With this code, new Caesars Tennessee users can claim up to $1,000 in bonus bets if their initial wager is unsuccessful.
The top online sportsbooks available to those who live in Tennessee include FanDuel, Caesars Sportsbook, BetMGM, and Fanatics Sportsbook.
You can claim as many sign-up bonuses as you wish, provided you only do so once with each sportsbook. Creating multiple accounts with the same sportsbook is illegal, and therefore so is claiming multiple sign-up bonuses with the same sportsbook.
Bonus abuse occurs when a single person makes multiple accounts with the same sportsbook to claim numerous sign-up bonuses. Each user is only allowed one account with each sportsbook and one sign-up bonus. Any instance of having more than one account with a sportsbook to obtain several sign-up bonuses can be characterized as bonus abuse.
You need to be at least 21 years old to bet on sports in Tennessee. You must also possess a valid U.S. social security number.
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Christian Stringer is a content editor who joined Covers in 2022 — managing, editing, and publishing commercial content related to the North American sports betting and online gaming industries. Christian holds a BA from Mount Allison University, which led to extended stays in Italy and the British Virgin Islands, providing him with a global outlook on all things entertainment. A lifelong sports fan with a love of sailing, skiing, basketball, and football, Christian spent a decade as an award-winning account executive managing clients that included Rootz, ComeOn!, EastLink, and the largest poker site in the world, GG Poker. He went on to program sportsbook and online casino campaigns, bingo, 50/50, and lottery games while developing strong connections with First Nations gaming providers and affiliates. This unique perspective and over 30 sportsbook reviews provide keen insight he hopes will help educate new and experienced sports bettors.