Legal sports betting will soon be alive and well in the state of Tennessee sometime in 2020. The law actually only allows for betting online and on mobile apps as there will be no physical sportsbook locations.
The law is designed to regulate the online sports betting market with high taxes and fees for the operators. The Tennessee state legislature approved a sports betting bill April 30 and, while there is no official launch date, action is expected in the spring of 2020.
Statewide Brick and Mortar Sportsbooks
As mentioned, Tennessee has decided to be a bit different than most states regulating a sports betting market by not allowing any brick and mortar sportsbooks to operate in the state.
Tennessee will be strictly limited to online sports betting.
Available Betting Apps in Tennessee
Of course, as of today, there are no legal online sports betting apps operating in the state of Tennessee. This is sure to change as, per Tennessee law, sportsbooks will only be able to operate online.
Despite the high tax rate Tennessee will require of its online operators, many companies remain interested in doing business in The Volunteer State.
In fact, the following platforms have already indicated strong interest in access to the Tennessee market.
- DraftKings Sportsbook
- FanDuel Sportsbook
- William Hill
Best Bonuses and Promotions
It remains to be seen just what the bonuses and promotions of the legal sports betting apps will look like. However, there should be plenty of competition between the operators, and this is always helpful for bonuses and promotions, especially with online sportsbooks.
Sports Available for Betting
Industry-standard sports available for betting are expected in Tennessee sportsbooks, and there are no restrictions either. College football is extremely popular in the state and should grab much of the sportsbooks’ focus.
The sports should include:
- Football (NFL and NCAAF)
- Basketball (NBA, WNBA, NCAAM)
- Baseball (MLB and NCAA)
- Hockey (NHL)
- Soccer (MLS, Premier League, World Cup)
- Combat Sports (UFC and Boxing)
- Golf (PGA, LPGA)
- Auto Sports (F-1, NASCAR)
The specifics of just what the payment options for Tennessee sportsbooks remain to be seen. However, since all of the sportsbooks will only be available online, there are many options such as debit/credit cards, bank transfers, PayPal, PayNearMe, and Skrill.
Legal Betting Age
The legal sports gambling age in Tennessee will be 21 and over.