Tennessee Sports Betting
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Betting in the state
In Tennessee, online sports betting is available and legal, with nine different applications competing for the top spot. In November 2020, the state’s first online sportsbooks opened for business and has been growing progressively since then.
Mobile apps and online wagering are the only ways to bet on sports in Tennessee. Currently, the state does not allow retail betting.
Apps for sports betting in Tennessee have a lot of sign-up bonuses for new users, and more are on the way awaiting acceptance from the Sports Betting Advisory Council. Here’s an overall look at sports betting in Tennessee.
Tennessee sports betting license and law
In May 2018, the US Supreme Court paved the way for individual states to allow sports betting. While TN did not immediately pursue legalization, the scenario changed the following year when the legislature passed a sports betting measure.
In June 2018, sports betting became legal in the state. Indeed, it took some time to get to the point where sports betting could be legally offered there. However, the year after, the rules and regulations were put in place, with online sportsbooks finally launching in November 2020.
The following are some of the most essential components of Tennessee’s sports betting legislation:
- The state levies a 20% tax on gross gambling earnings.
- Licensees must pay a yearly fee of $750,000.
- There are no plans for retail sportsbooks, so sports betting is only available online.
Popular sports teams to bet on in Tennessee
Before the 1990s, sports enthusiasts could not root for a professional team in Tennessee. However, it’s a different tale these days, with clubs from three major sports flocking to the developing state.
- Tennessee Titans (NFL)
- Memphis Grizzlies of the NBA
- Nashville Predators of the NHL
College athletics are also popular. The University of Vanderbilt and Tennessee have two of the country’s best college football and basketball programs. Still, there are several smaller schools that have to be considered, such as Lane College and Lee University.
When it comes to college sports, Tennessee does not allow live prop bets on single athletes or teams, even though there are no limits on betting on in-state college teams. Sports like soccer, golf, and NASCAR are among the most popular in sportsbooks, while cricket and indoor tennis are also available.
How to get Android betting apps in TN
Generally, every online sportsbook in Tennessee has an Android app that the player can download immediately from its website. The “Google Play Store” does not accept gambling apps.
Instead, go to the app’s website. Here, you will find a large button or notification instructing you to click it to begin the download.
Occasionally, your phone may prompt you to accept third-party downloads. However, if you want to update your settings ahead of time, take the following steps:
- Go to the Settings menu on your Android device
- Select “Security” from the drop-down menu.
- Select “Unknown Sources” from the menu.
- Confirm that you want to enable third-party downloads and select OK.
If you don’t adjust your settings ahead of time, a series of pop-ups will appear when you try to download from a sports betting website, leading you through the same choices. Therefore, it is advisable to follow this procedure once you download the app.
How to get iPhone betting apps
Unlike on Android devices, the App Store enables gambling applications to be listed. However, not all Tennessee online sportsbooks have betting apps listed here. Still, GeoComply, which is a software company, has a solution for iPhone users as well.
Although some sports betting sites will not offer an Apple app, iPhone users can download GeoGuard from GeoComply. This app provides the level of geolocation required to wager using your phone’s browser.
FAQ on TN online betting sites
What age must I be to gamble online in TN?
Sports bettors must be at least 21 years old to place a wager in Tennessee. Before you can place a bet, online sportsbooks will need your date of birth and as well as your Social Security number to prove your age.
Is it legal for me to bet from another state?
You are not permitted to gamble on TN betting sites if you are not a resident of Tennessee. However, you do not have to be a Tennessee resident to participate in TN online sports betting. Anyone over the age of 21 who lives inside a state’s borders is eligible to gamble online.
Are my winnings subject to taxation?
Gambling earnings, like all other types of income, are taxed. However, unless you reach a particular level of winnings, you will not need to file a W-2G gambling tax form to report your gambling income. Although the threshold is usually $5,000 for most sites, anything above this will be subject to 25% federal income tax.