Online Gambling in

Tennessee

Tennessee has become the 12th state to make sports betting legal. The Volunteer State is now ready to launch sports betting in a very unique way. Tennessee will have only online sports betting as there will be no terrestrial sports wagering.

Tennessee

Tennessee is expecting to take action soon when it comes to legalize Online Sports betting & Online Casino

Online betting in Tennessee

To quote the great man himself, “A little less conversation, a little more action please”.

An apt way to sum up Tennessee sports betting currently, I think you'd agree.

Beale street 4236474 1920

Where are we right now with sports betting in Tennessee?

The Volunteer State became the fourth state in 2019 to legalize sports betting following Montana, Iowa and Indiana in doing so.

This means, for the very first time, the people of Tennessee will be able to wager on their favorite sports, legally.

Yet, while the law has been enacted, there’s little news surrounding the potential launch date. Scratch around as we have done and it’s difficult to get a tune out of anybody on a likely time frame.

Before the NFL season kicks off, sometime before the end of the year or at the beginning of 2020 - your guess is as good as ours.

To be fair, a cautious approach to proceedings was inevitable what with Tennessee not being the most gambling-friendly state, so much so not one single land-based casino or racino exists in its borders.

As you’ll discover below, it’s a factor which will see Tennessee approach sports betting a whole new way.

Unique take on sports betting

The typical course of action when a state moves forward with the idea of sport betting is for sportsbook operators to seek out land-based casinos to partner with.

But with not one single physical casino in sight and no intention to build purpose built casinos or sportsbooks, operators will offer their services online only, becoming the first state to approach the industry in such a way.

Tennessee online sports betting bill: What you need to know
  • Wagering will be possible online and via mobile apps only
  • No in-person wagering will be possible
  • Bettors to be able to wager anywhere within state borders
  • Tennessee Lottery to regulate industry
  • Forbidden to make in-play wagers on collegiate events
  • Must be at least 21 years old to place a bet

Changing attitude towards gambling

The state of Tennessee had been known for its stringent regulations in terms of gambling but with sports betting now a legal act, what changed?

The need to keep money spent on gambling in-state is as good a reason as any. Not to mention keeping residents safe from the dangers of illegal gambling.

Many Tennessee residents are highly likely to be fully established in the world of sports betting already via illegal channels, such as Bovada.

Now the opportunity has presented itself, why not offer a legal means of wagering to better protect bettors and allow the state to take a cut of a sizeable income through taxes?

With sports betting up and running in both Mississippi and West Virginia, and Indiana and Arkansas on deck, there’s also the need for the government to prevent its residents from travelling to nearby states where it’s legally possible to place wagers. Why contribute to the financial income of neighboring states?

Tennessee online sports betting bill: The Finer Details
  • Operators will have to pay $750,000 to gain a licence
  • 20% tax levy for betting operators to be split between state lottery, education, infrastructure projects and gambling addiction
  • DraftKings & FanDuel thought to be in pole position to launch sportsbooks first
  • William Hill and 888 also believed to be in the running

The general consensus is if people want to do something, they’ll find a way. While TN state officials were probably less than enthused with the idea initially, you sense their hand has been forced on the matter. If you can’t beat them, join them, I guess.

The fact that the framework will include mobile wagering only is thought to have played a significant part in the shift in attitude.

It’s believed a sports betting industry available exclusively online will appeal more to the masses and the younger generation in particular who much favor the flexibility of placing bets on mobile devices rather than having to visit casinos in-person.

Tennessee online sports betting: What to expect

New Jersey has set the bar in terms of its sports betting offering.

The Garden State have recently surpassed Nevada in terms of revenue and have taken $3billion in sport wagers since the industry went live in June 2018.

The two faces at the front of that success, DraftKings and FanDuel, will be the first sportsbooks looking to make tracks in Tennessee.

But what can sports bettors expect from the incoming sportsbooks exactly?

DraftKings

DraftKings head the queue in terms of becoming the first sportsbook to offer online sports betting in TN.

With its offering of daily fantasy sports spanning eleven sports across eight countries, DraftKings’ foray into sports betting was always likely to be seamless.

But the launch of the DraftKings Sportsbook app has been a gamechanger with the Boston based company creating one of the most innovative mobile sports betting products on the market. Here’s some of its best features:

  • All-in-one app - switch between wagering on your favorite sport to gambling at your favorite table game in seconds
  • Betting carousel - makes it easy to find the bet you want
  • Huge depth of betting options - types of bet is almost endless, likewise number of sports. Massive variety across the board.
  • Simplified language - industry jargon can get in the way, especially for new bettors. DF have done away with such like and replaced with language more newbie friendly.
  • Free bets - NJ residents are eligible for a free bet up to $500 upon sign up: expect similar promos

FanDuel

FanDuel are able to combine the best of both worlds with their status in daily fantasy sports matched with the knowledge of European sports betting giant PaddyPower Betfair.

Together with DraftKings, FanDuel have led the way in NJ but it’s the latter who have moved ahead in terms of market share in 2019.

In the eyes of many, FanDuel are top of the sports betting tree. Here’s a small insight as to why:

  • Promos upon promos - daily odds boost, parlay insurance, halftime insurance, you name it, FanDuel have a special offer designed with the customer in mind
  • Superb user experience - functionality of FD software makes it a pleasure to use
  • Extensive live betting options - offers live betting on pretty much everything and offers instant odds on ongoing events upon opening app
  • Player Loyalty offerings - free slot plays, airline discounts, birthday treats, FanDuel reward loyalty massively.
  • Active approach to customer service - no stone is left unturned, not least customer support which FanDuel offer around the clock.

Sports teams in Tennessee

There’s no shortage of sporting action in Tennessee whether it be with the Memphis Grizzlies in the NBA, Nashville Predators in the NHL or Tennessee Titans in the NFL.

Soon you’ll be able to combine rooting for your favorite team with wagering on them. A dangerous mix in the eyes may be but worth the fun nonetheless.

Tennessee Titans

After relocating from Houston to Tennessee and then changing name from ‘The Oilers’ to ‘The Titans’, the Tennessee Titans have been representing the state since 1998.

The name change served as inspiration for ‘The Titans’ who made their first ever Superbowl appearance as a result of winning the Conference Championship.

2017 saw The Titans end nine years without making it into the playoffs, only to be beaten by the eventual winners, New England.

Nissan stadium nashville tennessee

Located on the East bank of the Cumberland River is home of the Titans, The Nissan Stadium

Memphis Grizzlies

The Grizzlies, founded just nineteen years ago, only made Memphis home in 2001 having been born in Vancouver.

Given the tender age of the franchise, silverware has yet to grace the trophy cabinet at the FedExForum.

However, the Grizzlies did make the Conference finals in 2012/13 and managed to post a respectable 12th place finish in the Western Conference in 2018/19.

Nashville Predators

If at first you don’t succeed then try try and try again.

After several attempts trying to bring the NHL to Nashville, The Predators were born in 1998 making Bridgestone Arena their home.

The franchise marked their 20 year anniversary in perfect fashion with their maiden championship title in 2018 whilst also claiming their first President’s trophy.

History of gambling in Tennessee

The attitude to gambling in Tennessee has always been reflective of the region’s conservative nature, hence the lack of land-based casinos altogether in TN.

To see The Volunteer State change tack in terms of now welcoming the idea of sports betting is somewhat surprising.

Up to the recently passed law, Tenneseeans looking to gamble had only the state’s lottery to occupy themselves, this only becoming legal as of 2004, two years on from the initial referendum to allow this form of gambling it must be noted.

Prior to this, it was slim pickings to say the least in terms of gambling activity. A law allowing horse racing venues to be built existed for thirty years but remained untouched and was eventually revoked in 2105. Even bingo was strictly off limits.

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