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Home > Best Sports Betting Bonuses in the US 2024 > Best Sports Betting Bonuses in Tennessee 2024

Best Sports Betting Bonuses in Tennessee 2024

Last Updated on June 23, 2024
Fact checked by: Chris A

Looking for deposit bonuses in Tennessee? You’ll find the best TN sports betting bonuses in this article!

Since sports betting became legal in Tennessee in the summer of 2019, many sportsbooks have appeared online, vying for your attention. According to the latest count, more than ten sports betting sites have begun or will soon start their operations in the Volunteer State, including bigshots like BetMGM, Caesars Sportsbook, FanDuel, and DraftKings.

They are pretty different in what they offer, but they share one trait — bonuses and promotions. From welcome bonuses and no-deposit offers to bonus bets and loyalty programs, each sports betting site has something to offer to improve bettors’ chances of winning and give them additional betting funds.

However, these offers and their quality differ significantly between the available sites. That’s why the Gambla team is here to assist you in finding the best betting bonuses to claim, how they work, how to choose them, and what red flags to avoid.

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Bet365
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Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
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At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
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BetMGM
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4.6/5
  • Great Sportsbook
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Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Virginia
Players from Virginia accepted
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FanDuel
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4.5/5
  • Award-Winnings Product
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Bet $5 Get $200 in Bonus Bets if your bet wins
Virginia
Players from Virginia accepted
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BetRivers.com
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  • Accepts Many States
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Second chance bet: Get up to $500 in Bonus Bets
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Players from Virginia accepted
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DraftKings
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Bet365
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Find out more on Bet365.
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
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T&Cs apply, 21+
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
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4.6/5
Mastercard
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FanDuel
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T&Cs apply, 21+
BetRivers.com
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4.5/5
Mastercard
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PayPal
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T&Cs apply, 21+
DraftKings
5.
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4.5/5
Mastercard
Mastercard
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Additional Payment Methods
PayPal
VIP Preferred
Play+
Discover
+5
Bet $5, Get $150 Instantly
DraftKings Review Bet now
T&Cs apply, 21+

What Is a Sports Betting Bonus?

A sports betting bonus is a type of promotion where the sportsbook gives you additional betting funds, bet credits, refunds on lost wagers, or boosts on your winnings. The bonus is usually given in exchange for registering on the site, making a deposit, or something similar. These offers aim to incentivize bettors to place more bets or simply join the site.

Most promos come with specific terms like the bonus amount, time and win limits, expiration dates, playthrough requirements, minimum odds, and other rules unique to each sportsbook. These are important as they determine whether a bonus is worthwhile or not.

Like all promotions, they always look highly rewarding, but bettors must dig deeper. You need to read the requirements to see how easy they are to claim and withdraw. Thankfully, all of that is mentioned in the bonus and site terms and conditions.

Types of Betting Bonuses You Can Claim in Tennessee Sportsbooks

Tennessee sportsbooks have a lot of freedom in choosing what kind of bonuses they’ll offer. Consequently, you’ll find various offers no matter the site you’re on.

However, it’s important to remember that sportsbooks in the state are required by law to hold 10% of payouts. This means that the vig is higher than in most other states. Moreover, the rule can also affect the size of the bonuses and some of their terms.

Despite that, the bonus types are similar to those in other states. Let’s review the most popular kinds of promos you’re bound to find on TN betting sites.

top tn betting sites with deposit bonuses

Bonus Bet

Some of the most popular types of promos are bonus bets. Firstly, they are pretty simple as they usually require you to register and deposit a small amount to claim them. Secondly, they are easy to use and often quite beneficial. That’s because you get a specific amount you can use on most bet types with predetermined minimum odds. And that’s it.

Naturally, this simplicity attracts most bettors, but remembering that the bonus bet amount is typically small is worth remembering. In most cases, only welcome bonus offers tend to have larger amounts, while others offer up to $100.

Additionally, the most important terms with bonus bets are the requirements for claiming them, the markets you can use the funds on, and the minimum odds you need to meet.

Deposit Bonus

Deposit bonuses are often listed as welcome offers, but you can find them as one-time and reload promos too. Whatever the case, they offer you a specific match bonus if you deposit a particular amount.

For instance, you could get a 20% match bonus up to $1,000 if you deposit at least $10. Consequently, if you deposit, let’s say, $100, you’ll get an additional $20 as a bonus. You’d have to deposit $5,000 to get the maximum $1,000.

However, you should look at the terms and playthrough requirements to determine how much to deposit. In other words, the lower the rollover amount, the more you should deposit, as you’ll have an easier time meeting the playthrough terms. The best sportsbooks typically have less than 10x.

No Deposit Bonus

No deposit offers are some of the best promotions in any sportsbook. Consequently, they are scarce and always a one-time thing. They offer you a specific bonus without asking for anything in return.

Naturally, you must create an account on that sportsbook, but that’s it. You’ll usually get a small amount, like $10, $20, or $50. Moreover, you’ll have to respect specific terms like a winnings cap, playthrough requirement, or something else. The terms are often more complex than with other promotions, which is precisely why there are no requirements for claiming the bonus.

Risk-Free Bet

Risk-free bets are promos you typically receive as a welcome bonus. They are often called insurance bets because that’s precisely what they are. Essentially, you get a refund on your initial wager if it falls through.

Naturally, there’s always a limit to how much you receive. Besides that, you’ll often get this amount as a credit for betting once again, not as withdrawable money.

These bonuses might not be as worthwhile as others, but they can be a great lifeline and a method for trying out a sportsbook without risking much.

Odds Boost

Odds boosts are getting more common throughout the US, and Tennessee is not excluded from the mix. The name tells you all — they boost existing odds on specific bets.

For example, let’s say there’s an upcoming Miami Heat vs. Boston Celtics game, and the odds on the Heat are only -120. The odds boost increases them to +150, which would result in you getting a higher payout, even though the chances for it occurring don’t change.

Odds boosts are some of the best promotions for casual players, but they can also be helpful to pro bettors. The important thing is that they always work only on specific matches, markets, or a range of betting markets, giving you a pool of bets to choose from. Sportsbooks usually offer these when there’s a big upcoming game. They use the promo as a method to increase traffic.

How to Use Sports Betting Bonuses in Tennessee

Choosing the right bonus can be tricky, mainly for the large number and variety of terms determining whether the promo is worth your time, effort, and money.

The Gambla team generally advises you to claim no deposit bonuses and bonus bets whenever you can. Welcome bonuses, as long as they are deposit offers, are also often beneficial. Naturally, this depends on the terms and requirements.

Besides that, here’s a quick guide that should help you maximize the use of bonuses on Tennessee betting sites.

top sites with sports betting bonuses in tennessee

Analyze Our Recommendations

The first thing you need to do is check our recommended list of sites and their bonuses. Naturally, the Gambla team ensures to offer only worthwhile promos, but not all of them will be useful for you. They might not fit your betting strategies or offer something you don’t need right now.

That’s why it’s crucial to analyze the list to find the bonus that suits your needs best.

Choose a Bonus

Once you’ve seen a bonus you like, click for more details. We list the most important terms like the minimum deposit, wagering requirements, and accepted payment methods. However, remember that you might need to check our sportsbook review for more details, or you can visit the official sportsbook site to get all of them.

Visit the Site and Take a Closer Look

Use the link we provide to visit the official sportsbook site and claim the bonus. This informs the platform of who sent you there, so you could potentially get access to exclusive offers.

As the bonus terms are not all you need to know about the sports betting site, you should also look through it. Check the sports and betting markets they cover and other promotions on offer, and analyze how the platform works and feels. The bonus won’t mean much to you if you hate the design and don’t have the betting markets and events you follow.

Read the T&Cs

As we always say — terms and conditions are fundamental. Site-wide and bonus terms will show you how the bonus works and what you need to do to use it successfully. Ensure you’ve read through them to understand what you’re getting into. It might be a bit boring, but it’s always worthwhile.

Naturally, you don’t have to worry about the safety and legitimacy of the site and its offers, as that’s something we focus on while reviewing the platform.

Register an Account and Claim a Bonus

Once you know what you’re getting into, you can start the account registration process. The procedure should be quick, but you must use various personal details. It’s all according to official Tennessee regulations and per KYC procedures. You’ll need to provide your full name, social security number, address, phone number, email, etc.

As soon as the account is ready, you can claim the bonus. Usually, the site will ask you to opt-in while registering. Otherwise, you might need to visit the Promotions page. Once you’ve made the required deposit, the bonus will be yours.

Start Placing Bets

As soon as the funds are in your account, the bonus funds will be there too. Then you can visit the sports betting area, find the event you want to wager on and place the bet to get started.

Red Flags in Tennessee Sports Betting Bonuses

Unfortunately, some sports betting bonuses aren’t worth anyone’s time. Consequently, you need to know how to recognize these when searching for new bonuses to claim.

Certain red flags will help you identify the promos you want to avoid. Let’s review the biggest ones.

betting bonuses in tn with good wagering conditions

Confusing Bonus Terms

You should never forget this important rule — if the terms are easy to understand, they are likely good. However, this is not always the case. Many sportsbooks tend to overcomplicate terms, especially the ones all sites share. This confuses most bettors and makes comparing bonuses on different sites harder.

For instance, a site might not display the playthrough requirements through a simple number like 2x or 5x. Instead, they might say that every $1 from the bonus is free to withdraw once you’ve wagered $20. This effectively means the playthrough requirements are 20x, much worse than 2x or 5x.

It’s best to avoid promotions with similarly complex terms and stick to the ones you understand so you always know what you’re getting into.

Big Promises

If a bonus looks too good to be true, especially compared to the competitors, it’s best to avoid it.

For instance, most sportsbooks in Tennessee offer welcome packages that rarely cover more than $1,000, or $1,250, in the case of Caesars Sportsbook. So, if a sports betting site says it offers up to $2,000 or more in bonuses, there’s undoubtedly a catch you won’t appreciate.

Avoid these offers and go for ones that, even though they are lower, are easier to use and play through.

Tight Deadlines and Low Maximum Wins

Promotions should be easy to use without putting pressure on the bettor. That’s why the best bonuses have extended time frames in which to use them and complete the rollover requirements. Moreover, they either don’t have low winnings limits or don’t have limits at all.

If a bonus doesn’t fit this description, it’s best to avoid it. The sportsbook will take away your winnings if you surpass the limits.

High Playthrough and Odds Requirements

High playthrough requirements are rarely worth the hassle. For instance, if you get a bonus of $1,000 and the rollover is 40x, it means you’ll have to wager $40,000 to get the chance to withdraw the bonus. This is an incredibly steep playthrough requirement in sports betting, so avoiding such bonuses is the best course.

Moreover, many sports betting promos include a minimum odds requirement, meaning you must create wagers with higher odds than that number. Otherwise, you won’t be able to use the bonus funds. The best bonuses have minimum odds of -200, but they can go up to +100.

Sports Betting Bonuses in Tennessee vs. VIP Programs — What Are the Differences?

Many Tennessee sportsbooks have VIP programs — schemes designed to reward loyal bettors with added bonuses, better offers, and various perks like dedicated account managers, birthday promos, and more. But are these better than sports betting bonuses? Here’s a quick overview that should help:

VIP Programs Sports Betting Bonuses
🎲 High wagering requirements 📌 Yes 🎲 No
🎲 Custom bonus conditions 📌 Yes 🎲 No
🎲 Dedicated account manager 📌 Yes 🎲 No
🎲 Easy to claim and use 📌 No 🎲 Yes
🎲 Real-world prizes 📌 Yes 🎲 No
🎲 Time-consuming 📌 Yes 🎲 No
🎲 Ideal for beginners and casual bettors 📌 No 🎲 Yes

promo codes at tn betting sites

Pros & Cons of Sports Betting Bonuses in Kansas

Pros

  • New bonuses appear almost regularly
  • Plenty of deals to choose from
  • Excellent for major sporting events
  • A great option to try out a betting site

Cons

  • Wagering requirements can be very high
  • Limits Restrictions are often hidden

Online Betting Bonuses by US state

Frequently Asked Questions About Betting Bonuses

Are there sports betting bonuses in Kansas for the NBA Playoffs?

Of course. Kansas bettors can take advantage of many bonuses during the post-season, as sportsbooks give their best to attract new customers and keep existing ones. You can encounter free bets, odds boost for individual matches, and risk-free bets for the NBA Playoffs.

Can I claim a bonus with no deposit on Kansas betting sites?

Yes, you can claim free bets and no deposit bonuses. Since they require no payment, these are basically free money. Don’t get your hopes up too soon because they can’t help you break the bank. The best part is that these betting offers come without additional risk.

Is it possible to combine two bonuses?

Unfortunately, you can’t do that. Combining two sports betting bonuses in Kansas is not allowed, as it would give you an unfair advantage. Don’t try to do it, or your account can get banned.

Are free bets worth my time?

Free bets are among the best betting bonuses in Kansas since they typically don’t require a deposit. Restrictions aside, they are an excellent way to get familiar with a betting site.

Can sports betting bonuses in Kansas make me rich?

Although sports betting bonuses in Kansas offer the possibility to win money, they won’t make you rich. Nevertheless, they still offer a wide range of benefits for bettors, which is the main reason behind their popularity.

Top Betting Sites
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Bet365
Bet365
Bet365 Review
4.6/5
BetMGM
BetMGM
BetMGM Review
4.6/5
FanDuel
FanDuel
FanDuel Review
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BetRivers.com
BetRivers.com
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DraftKings
DraftKings
DraftKings Review
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Bet365
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.6/5
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BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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