Sporting Post

Best Tennessee Sportsbook Promos November 2024

Our in-house betting team review the best sportsbook promos Tennessee bettors can play, giving you the chance to claim $6,000+ in bonus bets.

Updated at: November 12th, 2024
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what are the best tennessee sportsbook promos?

The best Tennessee sportsbook promos are DraftKings' 'Bet $5, Get $200', Caesars Sportsbook's '$1,000 First-Bet Bonus', and BetMGM's '$1,500 First-Bet Bonus'. This is based upon key user-centric features like value for money, the promo's complexity, and the terms and conditions of the bonus bet.

Sporting Post is an independent comparison site for gambling platforms, helping readers find safe and legitimate options. We may earn a commission from some affiliate links, but this does not influence our rigorous and unbiased testing, ensuring honest recommendations and accurate information.

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Best Tennessee sportsbook promos compared 2024

Ranking

TN sportsbook

TN bonus offer

TN Promo code

Minimum wager

Sporting Post Rating

1

DraftKings

Bet $5, Get $200

No code required

$5

5/5

2

Caesars Sportsbook

$1,000 First-Bet Bonus

SPOST1000

$10

5/5

3

BetMGM

$1,500 First-Bet Bonus

No code required

$10

5/5

4

Fanatics

Up to $1,000 in No Sweat Bets

No code required

$5

4/5

5

FanDuel

Bet $5, Get $200

No code required

$5

4/5

Top Tennessee sports betting promos reviewed

In this guide, we'll explore some of the best sportsbook promos Tennessee players can access, focusing on bonus offers from DraftKings, Caesars Sportsbook, BetMGM, FanDuel, and Fanatics.

We test and review every top Tennessee bonus offer, ensuring you get expert sports betting advice.

1. DraftKings Tennessee promotion

Unlock exclusive DraftKings Tennessee promo deals to boost your bets.

Don’t miss out – claim your offer now and start winning today!

As one of the industry's leading sportsbooks in the US, DraftKings offers users a variety of user-centric features like quick withdrawals, competitive bonuses, and an intuitive interface.

Here is what we found out about the DraftKings bonus and promo offer...

draftkings bonus info

Welcome bonus 💰

Bet $5, Get $200

Minimum wager deposit 💵

$5 wager

Promo code 🎫

No code required

Wager terms 📄

Cannot redeem bonus bets as cash. Bonus bets are received regardless of bet outcome. Bonus bets are awarded within 72 hours. Bonus bets are eight individual $25 bonus bets. Bet can be placed on any sports market. Offer valid until 18 August 2024.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

By placing a minimum bet of $5, winning bets will receive $200 in bonus bets within 72 hours of winning. You will also receive you winnings and be able to withdraw these in cash but not the bonus bets.

If you place a bet with this bonus and lose your bet, you will still be awarded $200 in bonus bets despite losing. You will, of course, lose your initial wager.

Why choose the DraftKings bonus offer?

We believe this is a fantastic offer for bettors of all experiences. It is a low wagering requirement, partnered with a high reward in bonus bets, making it worth anyone's time and money. Newcomers can easily boost their DraftKings account balance by placing a low bet, so for us, it is a great offer, which is why we love DraftKings.

DraftKings promo pros and cons

Pros
  • ✅ Low initial wager deposit of $5 required to qualify for the bonus bets
  • ✅ DraftKings bonus bets are awarded despite the outcome of your bet
Cons
  • ❌ DraftKings bonus bet rules state that the $200 worth of bonus bets cannot be redeemed or withdrawn as cash
  • ❌ Compared to other bonus offers, the welcome offer is a little lower, despite a low initial wager requirement

Take a look over our comprehensive DraftKings review, where we discuss in-depth their best and worst features...

How to sign up to the bonus offer

  1. Register yourself with the DraftKings app - this will require you to enter some personal information and confirm your identity.

  2. Make an initial deposit of at least $5 into your DraftKings account, which is required of all new DraftKings customers.

  3. Choose any sports market and wager your $5 to fulfil the bonus terms and conditions. Then wait to see the outcome of your bet!

2. Caesars promo Tennessee

Caesars Sportsbook Tennessee promos are packed with exciting offers.

Join now and claim your bonus before it’s too late!

caesars
caesars

Caesars Sportsbook is one of the most widely recognized sports betting apps and holds a firm commitment to user satisfaction with its fantastic sports selection, market diversity, and great live streaming service, helping you make the right bets.

After reviewing the Caesars Sportsbook bonus and promo offer, here is what we found...

caesars sportsbook bonus info

Welcome bonus 💰

$1,000 First-Bet Insurance

Minimum wager deposit 💵

$10 wager

Promo code 🎫

SPOST1000

Wager terms 📄

You must redeem the promo code SPOST1000 during registration. Cannot redeem bonus bets as cash. Bonus bets are only received if the first bet loses. Caesars bonus bets cannot be split into smaller betting totals. Bonus bet amount will not be included in any winnings. First bets must be made within 30 days of opening your Caesars Sportsbook account.

Bonus expiry date 📅

14 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

After redeeming the Caesars promo code SPOST1000 and wagering your first bet with a minimum of $10, winning bets do not receive the $1,000 worth of bonus bets because it is only if you lose your first bet. You will be able to keep any winnings you make, plus your stake, if the first bet wins.

If your first bet loses then you will receive up to $1,000 worth of bonus bets, as per the promo code terms and conditions. Only losing bets will receive the bonus bets.

Why choose the Caesars Sportsbook bonus offer?

Compared to other sportsbook promos, we think this is one of the best. It gives customers a chance to double their chances and potentially win up to $1,000 in bonus bets to place on another bet and win big. Whilst Caesars require a larger minimum wager deposit than its competitors, this offer is definitely worth it in our view because of its potential to pay off even if you lose the first bet.

Caesars Sportsbook promo pros and cons

Pros
  • ✅ Newcomers to Caesars will be guaranteed a second chance to win through their generous First-Bet Insurance bonus offer
  • ✅ Only $10 minimum wager is needed to qualify for the bet, which if lost, means the customer is guaranteed up to $1,000 of bonus bets
Cons
  • ❌ The customer will only receive the bonus bet offer if their first bet loses
  • ❌ Caesars bonus bets rules state it cannot be split into smaller sums and must be placed all on one bet

Read up more with our detailed Caesars Sportsbook review and see how this platform can serve your sports betting needs...

How to sign up to the bonus offer

  1. Sign up to the Caesars Sportsbook app or site and enter the promo code SPOST1000, as well as providing your personal information.

  2. Deposit at least $10 and wager a minimum of $10 on your first bet - this can be on any sports market.

  3. Wait for your bet to be settled but remember that only losing bets will receive up to $1,000 of bonus bets.

3. BetMGM Tennessee bonus

Bet smarter with the BetMGM Tennessee promo, offering exclusive rewards.

Register today and start betting with added benefits.

BetMGM is a well-renowned sportsbook within the sports betting industry, offering their customers an exceptional mobile betting experience with the opportunity to personalize their features too.

Here is what we learned about the BetMGM bonus and promo offer from our research...

BetMGM bonus info

Welcome bonus 💰

$1,500 First-Bet Insurance

Minimum wager deposit 💵

$10 wager

Promo code 🎫

No code needed

Wager terms 📄

Losing bets of $49 or less will receive one single bonus bet of equivalence. Losing bets of $50 up to $1,500 will receive five individual bets worth 20% each of the total sum. Bonus bets will be received within 24 hours of the losing bet. Bonus is not paid out with winnings. Bonus bet valid until 31 December 2024.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

If your first bet wins, you will not receive the $1,500 worth of bonus bets. Only first losing bets receive the bonus offer. You will be able to keep any winnings you make, plus your stake, if the first bet wins, however.

If your first bet loses then you will receive up to $1,500 worth of bonus bets, as per the promo code terms and conditions. Depending on the amount initially staked, you will receive either one or five bets - please refer to the table above for more information. Only losing bets will receive the bonus bets.

Why choose the BetMGM bonus offer?

In our opinion, the BetMGM promo offer is great for customers, offering them a second chance to win if their first wager loses. We also like the five individual bets feature (subject to T&Cs), which allows bettors to spread their bonus bets over multiple bets and markets - something other sportsbooks do not offer. Anyone thinking of selecting the BetMGM bonus will not be disappointed, despite losing your first bet!

BetMGM promo pros and cons

Pros
  • ✅ As bonus bets go, the BetMGM bonus is one of the highest on offer and rewards customers handsomely up to $1,500
  • ✅ If you qualify for the five individual bonus bets (see table above), it gives you a chance to spread bets over different markets
Cons
  • ❌ The customer will only receive the bonus bet offer if their first bet loses
  • ❌ Upon receiving the bonus bet, customers will only have seven days to use their bonus bets before they expire

Read up more with our in-depth BetMGM review to see how this sportsbook can best serve your sports betting needs...

How to sign up to the bonus offer

  1. Sign up to the BetMGM sportsbook app or site and enter your personal details to complete registration.

  2. Deposit at least $10 to place a minimum wager of $10 on any sports market.

  3. Wait for your bet to be settled and if your first bet loses, you will qualify for the bet bonus and receive up to $1,500.

4. Fanatics Sportsbook Tennessee promo

The Fanatics Sportsbook promo Tennessee gives you the edge with exciting deals.

Grab your promo today and start betting!

Fanatics Sportsbook promo stands out with its impressive offer to players, making it a top choice for new bettors.

The available offers are customized depending on the state you’re in, and after taking a closer look, here’s what we discovered about their latest promotions...

Fanatics bonus info

Welcome bonus 💰

Up to $1,000 in No Sweat Bets over 10 days

Minimum wager deposit 💵

$5 wager

Promo code 🎫

No code needed

Wager terms 📄

Receive up to $1,000 in No Sweat Bets over the first 10 days after sign-up. Each day, you’ll get a no-sweat bet token (up to $100 per day). Place a bet with minimum odds of -500, and if the bet loses, you’ll receive a refund in bonus bets for the amount wagered, up to $100 daily. Bonus bets cannot be withdrawn and must be used within 7 days.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

If your daily qualifying bet wins, you will not receive a refund, but you can continue placing bets with your remaining No Sweat Bet tokens over the next 10 days.

If your qualifying bet loses, you will receive a bonus bet refund up to $100 (depending on the amount wagered), as part of the No Sweat Bet offer for that day. You can continue placing additional no-sweat bets for the remainder of the 10-day promotion period.

Why choose the Fanatics Sportsbook bonus offer?

We give high marks to Fanatics Sportsbook, and we believe their no-sweat bonus offer is a fantastic option for new bettors. While there are larger bonuses available elsewhere, Fanatics stands out with its low minimum deposit and the ability to earn daily bonus bet refunds if your bets don’t go as planned. This makes it a great choice for those looking to reduce their risk, and for these reasons, we strongly recommend this offer to our readers!

Fanatics Sportsbook promo pros and cons

Pros
  • ✅ The promo gives you up to 10 days of no-sweat bets, allowing you to get multiple chances for bonus bet refunds if your bets lose, spreading out the risk
  • ✅ With a minimum odds requirement of -500, this offer allows you to place safer bets while still qualifying for the promo, making it appealing for cautious bettors
Cons
  • ❌ Bonus bets expire within 7 days, meaning you need to use them quickly, which could be limiting if you prefer to take your time with betting
  • ❌ The bonus is only triggered if your bets lose, so if you win, you don’t get any added bonus, which might be less attractive to those hoping for a guaranteed reward

Learn more with our thorough Fanatics Sportsbook review and understand how this platform can best serve your betting needs...

How to sign up to the bonus offer

  1. Sign up for the Fanatics Sportsbook app and complete your registration.

  2. Deposit at least $5 and place a bet of $1 or more with minimum odds of -500.

  3. If your bet loses, you’ll receive a bonus bet refund of up to $100 within 24 hours. Repeat this daily for up to 10 days to claim up to $1,000 in no-sweat bets.

5. FanDuel Tennessee promo

FanDuel sign up bonus Tennessee offers residents great rewards for new users.

Don’t miss out—sign up today and claim your bonus.

With a fantastic promo and bonus selection for customers, it is unsurprising that we are recommending the FanDuel bonus bet offer for you.

Users can receive tailored offers based on the state they are in. After researching their promo offer, here is what we found out...

FanDuel bonus info

Welcome bonus 💰

Bet $5, Get $200

Minimum wager deposit 💵

$5 wager

Promo code 🎫

No code needed

Wager terms 📄

Your first bet must be a minimum of $5. You must download and bet through the FanDuel betting app. The first bet must win in order to qualify for the $200 bonus bet. The bonus bet will be deposited within 72 hours of the winning bet. The bonus bet can be split into multiple wagers and placed in multiple markets.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

If your first bet wins with a minimum wager of $5, then you will receive $200 bonus bets.

If your first bet loses, you will not qualify for the $200 bonus bet offer. You must win to qualify.

Why choose the FanDuel bonus offer?

We rate the FanDuel betting app highly and think this bonus bet offer is great for newcomers of the sportsbook. Whilst it may not be the most generous of bonus bets, it demands one of the lowest initial wagers and rewards success through only receiving the bonus if your first bet wins. It is for these reasons that we highly endorse this bonus offer and sportsbook to our readers!

FanDuel promo pros and cons

Pros
  • ✅ New customers must only wager a minimum of $5 on their first bet, one of the lowest initial wagers of sportsbooks in the state
  • ✅ The bonus bets FanDuel offers can be divided into multiple bets and placed on multiple markets, unlike other sports betting sites
Cons
  • ❌ Upon receiving the bonus bet, customers will only have seven days to use their bonus bets before they expire
  • ❌ Bonus bets cannot be cashed out

Learn more with our expert FanDuel review to see how this sportsbook can best serve your sports betting needs...

How to sign up to the bonus offer

  1. Sign up to the FanDuel betting app and enter your personal details.

  2. Deposit at least $5 and place a minimum wager of $5 on any market.

  3. Wait until your bet has settled and if you have won, you will receive the $200 bonus bet with 72 hours.

How we rate & rank Tennessee sportsbook bonuses

Our team aims to provide you with unbiased, objective promo reviews, so you understand their strengths and weaknesses.

We always use a set of eight criteria to evaluate each promo offer, which means you can compare them easily and effectively:

  1. Type of promo: We prioritize promotions that appeal broadly, enhancing user engagement with offers suited to different betting styles.

  2. Promo value: We assess the value for money, ensuring bettors receive substantial rewards and maximum returns from participating in promotions.

  3. Customer support: We test the effectiveness of customer support, focusing on resolving promo-related issues quickly and building user trust.

  4. Promo expiry date: We evaluate the timeframe allowed for using promos, ensuring sports bettors have ample time to make the most of their bonuses.

  5. Wager T&Cs: We review wagering terms and conditions to ensure they are fair and transparent, allowing bettors to fully enjoy their rewards.

  6. Sportsbook experience: We assess the overall online sportsbook experience, ensuring users can easily navigate and claim promotions across both web and sports betting app platforms.

  7. Minimum bet deposit: We verify the accessibility of promos by checking for low minimum bet deposits, making them available to more bettors.

  8. Betting site security: We ensure top-tier security measures are in place, protecting bettors’ data and finances when engaging with promotions.

We download each US betting site and interact with the promo offers, using our own money to test the quality.

If we do not recommend the promo to our friends and family, we will not recommend it to you!

You can view all of our top sportsbook promo offer reviews here.

How do I choose a top Tennessee sportsbook bonus?

  • Type of promo offered: Tennessee sportsbooks offer various promo types, including deposit match bonuses, first-bet insurance, and bonus bets. It’s important to choose a promo that aligns with your betting style, whether you want to minimize risk (like first-bet insurance) or maximize initial funds (deposit match bonuses).

  • Bonus value and expiration: Look closely at the dollar amount of the promo and how long you have to use it. While high-value bonuses like BetMGM’s $1,500 or Fanatics’ $1,000 No Sweat Bets are attractive, they often come with short expiration windows, such as seven days, so make sure you can use them within the given time.

  • Deposit requirements: Most promos require a minimum deposit, typically ranging from $5 to $10. Ensure the required deposit aligns with your budget, as some promos may also offer greater value when you deposit more, such as BetMGM’s promo requiring a $10 deposit for a $1,500 bonus bet.

  • Wagering requirements: Some promos come with specific wagering requirements, like BetMGM’s 10x playthrough for their deposit match bonus. Consider how much you’ll need to bet before you can withdraw winnings, especially if you’re not planning to bet large amounts regularly.

  • Outcome dependence: Be mindful of whether the promo is contingent on the outcome of your first bet. For example, FanDuel’s $150 bonus is only triggered if your first bet wins, whereas DraftKings offers $200 in bonus bets regardless of whether you win or lose your first $5 bet.

  • Promo code usage: Not all sportsbooks in Tennessee require a promo code, but for those that do, such as BetMGM and Caesars, you’ll need to enter the code at the time of sign-up or deposit. Make sure to apply the correct code, like "COVERSBONUS1000" for Caesars, to activate your promo, or you might miss out on the offer.

  • Flexibility in using bonus bets: Some Tennessee sports betting bonuses allow you to split your bonus into smaller bets, offering more flexibility. For instance, FanDuel’s $150 bonus bets can be divided into smaller amounts, while Caesars’ bonus comes as a single bet, so think about how you prefer to manage your betting strategy.

  • Additional perks: Don’t overlook added benefits that come with the promo, such as FanDuel’s free three-month NBA League Pass or BetMGM’s unique tie payout on certain bets. These perks can add extra value to your betting experience, especially if you’re a fan of specific sports or events.

All Tennessee sports betting bonuses

Here are all the various Tennessee sports betting promos currently available to residents.

Tennessee sportsbook

TN promo code

Welcome bonus offer

Caesars Sportsbook Tennessee

SPOST1000

$1,000 first bet on Caesars

BetMGM Tennessee

No code required

Up to $1,500 in bonus bets

DraftKings Tennessee

No code required

Bet $5, get $200 in bonus bets

Fanatics Sportsbook Tennessee

No code required

Up to $1,000 in bonus bets

FanDuel Tennessee

No code required

Bet $5, win $150 in bonus bets

ESPN BET Tennessee

No code required

Up to $1,500 in bonuses

Betly Tennessee

No code required

$250 first bet insurance

Action247 Tennessee

No code required

100% Deposit Match up to $400

Hard Rock Sportsbook Tennessee

No code required

Up to $100 back

Why you can trust us

At Sporting Post, we prioritize accuracy, objectivity, and transparency in every piece of content we write.

Our expert team conducts thorough, real-world testing of betting platforms, ensuring reviews and insights are unbiased and reliable from a human perspective.

We adhere to strict ethical standards, maintaining editorial independence and avoiding conflicts of interest, while regularly updating our content to reflect the latest trends and developments.

Our mission is to empower bettors with trustworthy information, backed by rigorous research and a commitment to responsible gambling.

You can trust us to provide clear, concise, and honest advice, helping you make informed betting decisions.

How to gamble responsibly on online betting sites

Before we end this article, we need to caution you to always bet and play responsibly with Tennessee sportsbooks.

To ensure you’re being cautious, these platforms implement various responsible gambling practices that will help you keep your betting habits in check and prevent unhealthy behaviors.

  • Limits: Legal online sportsbooks allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.

  • Cashouts: You can withdraw your winnings quite easily from any sports betting site. This prevents you from spending all of your winnings. There’s also the option for early cashout, so you can still get paid if the bet is starting to go sideways.

  • Help & resources: Online betting sites provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.

To help with sports betting, we created a 'how to bet on sports' guide, that helps new bettors understand the industry better, to play safer and more securely.

Responsible gambling organizations and charities in the US

Organization

Contact details

NCPC

Email: [email protected], Phone: 1-800-522-4700

Gambling Therapy

Email: [email protected], Phone: 020 7381 7722

VCGP

Email: [email protected], Phone: 1-888-532-3500

Gamblers Anonymous

Email: [email protected], Phone: (909) 931-9056

Frequently asked questions

What types of promos are available in Tennessee sportsbooks?
Do I need a promo code to claim Tennessee sportsbook bonuses?
What is the minimum deposit required to claim a Tennessee sportsbook promo?
How long do I have to use my TN bonus bets?
Can I claim multiple promos from different Tennessee sportsbooks?
What is the minimum legal age to bet in Tennessee?
How do I qualify for a Tennessee promo offer?
Are offshore sportsbooks legal in Tennessee?
What is the best welcome bonus available in Tennessee?
Are there no deposit Tennessee promos?
How do I sign up to a Tennessee sports betting promo?
What sports can I bet on with Tennessee bonuses?
Who regulates gambling in Tennessee?
How do the Tennessee bonuses compare to each other?

Editorial policy

Our editorial policy ensures extensively researched, accurate, and unbiased content through strict sourcing standards and diligent review by top online sports betting experts and seasoned editors.

This process maintains integrity, relevance, and value in all of our content for our readers.

References

To test sportsbook bonus and promo offers accurately, we dive into analytical research of the online sports betting industry, to understand what features are best for you.

Below are some of the references we use when making these decisions:

Author

Josh Miller
Josh Miller, Sporting Post’s Sports & Casino Editor and Writer, brings over five years of experience in feature writing, blog content, and SEO. Known for his expertise in football coverage and sports betting, Josh’s work has also been featured in VAVEL. In addition to sports, Josh writes about online casinos, offering insights into games, bonuses, and gambling trends. His ability to craft engaging, informative content makes him a trusted voice for Sporting Post readers.
Bradley Gibbs
Sports betting writer with more than 12 years worth of experience writing about several sports and gambling topics. Value bet finder looking for edges on football, horse racing, tennis and golf, all of which I have covered extensively as a writer. My work has featured on many websites, while I’ve also been published in The Racing & Football Outlook, a popular UK betting newspaper.