Is betting legal in Tennessee?
Yes, sports betting is legal in Tennessee. Online betting launched in the state in November 2020, and you can now bet legally on both college and professional teams with one of the state’s nine sportsbooks. However, retail sports betting is not legal in TN.
Who governs sports betting in Tennessee?
The Tennessee Sports Wagering Advisory Council (SWAC) governs all sports betting in Tennessee. SWAC is responsible for licensing any new sportsbooks and enforces compliance with the Tennessee Sports Wagering Act.
How old do you have to be to bet in Tennessee?
To place a bet in Tennessee, you need to be at least 21 years old and physically present within state lines. Also, to prevent underage gambling, all players must verify their account with proof of ID and address before making a withdrawal.
When did sports betting launch in Tennessee?
Online sports betting launched in Tennessee on November 1, 2020. While online sports wagering was made legal in 2019, retail betting is not allowed. Like Colorado, all of the states’ first four eligible operators went live on the same day.
What sportsbooks are legal in Tennessee?
There are nine legal sportsbooks currently licensed in Tennessee. So far, you can bet at Action 24/7, Barstool Sportsbook, BetMGM, Caesars, DraftKings, FanDuel, SuperBook Sportsbook, Wagr, and WynnBET.
Are sportsbooks in Tennessee safe?
All legal sportsbooks in Tennessee are licensed and regulated by the Tennessee Sports Wagering Council (SWAC). Each sportsbook must adhere to a strict set of player safety and fairness protocols to obtain this license. So, if you are playing at a legal, licensed Tennessee sportsbook, you can rest assured your private and financial data and payment information are protected.
Do I have to pay taxes on betting winnings in Tennessee?
The IRS taxes all gambling winnings in the US, including in Tennessee. Include your betting winnings on your tax forms, and fill out a W-2G if you win over $600.
Can you play DraftKings in Tennessee?
Yes, Tennessee bettors can wager at DraftKings. Famous for its highly responsive betting site and excellent selection of live betting markets, DraftKings was one of the first sportsbooks to launch when sports betting went live in the state.
Can you play FanDuel in Tennessee?
Yes, you can play FanDuel in Tennessee. The operator launched on the first day of sports betting in the Volunteer State on November 1, 2020.
Can you play BetMGM in Tennessee?
Along with DraftKings and FanDuel, BetMGM was one of the first four operators to launch in Tennessee. Players can download the BetMGM app on the Android and Apple app stores to access a range of promotions and an exclusive rewards program.
Can you play Caesars in Tennessee?
Yes, players in Tennessee can wager at Caesars sportsbook. The sports betting site went live in March 2021 and currently offers highly competitive odds alongside an extensive range of sports markets.
Can you play TwinSpires in Tennessee?
Unfortunately, Tennessee residents can no longer use TwinSpires to place their bets. The sportsbook launched in the state in March 2021 but has exited the market only a year after it arrived. Its Tennessee license expired on March 17, 2022. Before leaving TN, TwinSpires announced plans to close down their sportsbook.
Which sportsbooks will be available in Tennessee in the future?
Fubo, Bally Bet, and Betly have all received licenses to operate in Tennessee, though official launch dates have not been released. ZenSports has also expressed interest in launching in the state but is yet to have its application approved. It’s expected BetRivers, bet365, FOX Bet, and PointsBet will also join the market soon.