Best Tennessee-US Sports Betting Bonuses & Promos for 2025

Tennessee sports fans and bettors across the US have access to some of the top betting apps in the industry, as well as all of the sports betting bonus offers for new bettors. While this is great news, bettors may need help to parse through the welcome offers before settling on a new favorite sports betting app.

Here are the top sportsbook promos and what you need to know when redeeming them at online sportsbooks.

Top Sportsbook Promos & Bonuses for Today

Here’s how the welcome bonuses you see above break down and the various terms and conditions to get them …  

FanDuel Sportsbook

Claim Bonus: Bet $5, Get $250 in Bonus Bets

The FanDuel promo code has led the way in welcome bonuses in the earliest stages of sports betting expansion. Its current offer is simple and generous. All you have to do is create a new account and then place a $5 wager using your deposited funds. With that wager, you’ll score $250 in bonus bets if your first bet wins.

FanDuel offers ongoing promotions as well. FanDuel features multi-sport parlay bet insurance worth $25. If bettors lose a leg on a four-leg parlay bet, they’ll get $25 back in site credit. FanDuel offers multiple ways for new bettors to use bonus bets or receive them back for a second chance if their first bet loses. So, it’s worth checking out for rookies. 

Bet365 Sportsbook

Claim Bonus: Use bonus code BETROCK to Bet $5, get $150 in bonus bets win or lose

Our bet365 Bonus code is now live in Tennessee and is also active in Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Pennsylvania and Virginia.

The bet365 Tennessee welcome offer awards new bettors with $150 in bonus bets simply for placing an initial qualifying wager of $5 or more. Other states will get their choice between the $150 bonus bets or a First Bet Safety Net up to $1,000 offer.

Create your new account via the bet365 app or website (mobile or desktop). The minimum deposit to participate is $10, with a minimum first bet of $5 on a market with -500 odds or greater (-400, -110, +150, etc.) to qualify for the $150 in bonus bets. Your qualifying bet also must settle within 30 days of claiming the offer.

BetMGM Sportsbook

Claim Bonus: Get up to $1,500 in bonus bets if your first bet loses with bonus code ROCKYBET

*Bonus Bets expire in 7 days. One New Customer Offer Only. Add’l terms.

BetMGM bonus code offers new users a chance to claim up to $1,500 in total bonuses. More specifically, you can get $1,500 ($250 in NV) back in bonus bets if your first bet loses. This gives bettors room to make several bets upfront without worrying about potential losses. But bettors can’t withdraw bonus bets as they can cash. Those site credits must be used to place bets.

Meanwhile, residents in CO, MI, NJ, PA, WV will get $150 in bonus bets with a winning $10 initial bet.

BetMGM also requires bettors to deposit at least $25 within seven days of signing up for a new account. So, bettors must take advantage of this bonus in a timely manner. 

Hard Rock Bet

Claim Bonus: Get $100 in bonus bets if your first bet doesn’t win

Hard Rock launched its first online sportsbook in New Jersey on Jan. 26, 2019 and has steadily expanded to other states, including Tennessee where Rock Rock Bet Sportsbook debuted in September 2022. Hard Rock sportsbook is currently available via a desktop site and app. The app works well on both iOS and Android devices.

Sign up with Hard Rock Bet Sportsbook to be eligible for their newest welcome promotion: Get $100 in bonus bets if your first bet doesn’t win.

Caesars Sportsbook

Claim Bonus: Use promo code STARTDYM to get your double-your-winnings first bet bonus on Caesars Sportsbook Tennessee

Caesars Sportsbook promo code is offering a generous welcome bonus: With your first bet of at least $1, you’ll receive 10 100% profit-boost tokens to use on any sport. The maximum wager for each of the tokens is $25 for a maximum of $2,500 in additional winnings per profit boost.

This eye-popping welcome offer is one of the biggest in the sports betting industry. Sometimes when a new state launches, Caesars increases the offer.

DraftKings Sportsbook

DraftKings promo code is offering new users up to $1,200 in bonuses, including Bet $5 get $150 in bonus bets. Also, new users can get a 20% deposit match up to $1,000. Keep in mind that there is a 25x playthrough requirement with this part of the offer. You’ll also get a $50 Bonus Bet with a $5 deposit.

Action 247 Tennessee 

Bonus: $400 deposit bonus

Action 247 is a small sportsbook operator that followed the major brands into Tennessee. New Action 247 bettors can redeem a 100% deposit match up to $400. So, bettors are matched dollar for dollar when they make their first deposits. If bettors deposit $100, they’ll be eligible for $100 in site credits. To earn those site credits, bettors must wager $5 to receive $1 in site credits. So to redeem the full value of this bonus, bettors must deposit $400 and wager $2,000. This bonus should be redeemed over time. Bettors shouldn’t try to earn this bonus all at once. 

TwinSpires Tennessee

Bonus: $1,000 bonus bet

TwinSpires used to be BetAmerica. So, it’s a popular product that’s been rebranded prior to its launch in Tennessee. TwinSpires users can get up to $1,000 site credits back if they lose on their first wagers. TwinSpires will credit site credits to bettors’ accounts equal to the amount bettors lost on their first bets. While bettors can drop $1,000 to potentially use this full bonus, bettors should only wager what they can afford to lose. Site credits aren’t withdrawable like cash.

Wagr Tennessee

Wagr has a very different take on sports betting. Wagr brands itself as an app that builds community. Therefore, bettors don’t play against the house. Instead, Wagr users challenge other Wagr users. For example, imagine that you and your co-worker are arguing because you think Florida is going to get destroyed by Alabama, but your co-worker, a loyal Gator fan, is adamant they will pull off an upset. Instead of asking your colleague if they want to make it interesting by putting money on it and then hoping that they actually pay up if they lose, Wagr will handle the logistics for you.

Plus, you can build a network, much like social media. You can challenge your connections, chat with them, and see their wagers against others.

This innovative app is certainly interesting, but it a very different spin on traditional sports betting. Therefore, it is almost a separate entity entirely, and it is unlikely to disrupt the main players in the space. Also, there are no welcome bonuses since the goal is not to encourage new bets against the house.

Tennessee Online Sports Betting Apps

The Tennessee Lottery has awarded 12 sports betting licenses so far. Here’s the list of those licensees that are live:

• BetMGM
• FanDuel
• Caesars
• DraftKings
• bet365 Sportsbook
• Hard Rock Bet
• Bally Bet
• Fanatics Sportsbook
• ESPN Bet
• Betly
• Action 24/7

Types of Sports Betting Bonuses In Tennessee and the US market

Sportsbooks use several types of bonuses to attract and retain bettors. Welcome bonuses are larger than ongoing promotions, and they’re only available to new bettors. They’re usually first-bet safety net bonuses or deposit bonuses. 

Sportsbooks also offer small ongoing promotions throughout the year. These can be small bet rebates, odds boosts, or other mechanisms that boost winnings. Finally, sportsbooks can offer VIP or loyalty programs to keep the highest of the high-rollers coming back for more. 

Whatever type of bonus sportsbooks offer, the terms are almost all the same.

Deposit Bonuses

Deposit bonuses are one of the two most common types of welcome bonuses. These bonuses involve two steps. First, bettors qualify for site credits by making their first deposits. Then, bettors must wager their own money to slowly accumulate those site credits. 

Second-Chance Bets

2nd Chance bets are the other common type of welcome bonus, and they go by many different names. Basically, bettors get a refund on their first wagers (up to a certain maximum) if the bet goes south. The refunds are paid out in site credits, not in withdrawable cash. Still, they are a great way to have a safety net if your first bet doesn’t win.  In essence, you get two chances to start off with a win. 

No-Deposit Bonus

No-deposit bonuses are the simplest and smallest type of welcome bonuses. These bonuses are small, but they’re not for winning lots of money. They’re just to allow bettors to make a small bonus bet so bettors can give sports betting a try. Sometimes, the no-deposit bonuses are split into multiple bets, but others come as single bets. Barstool Sports’ $10 no-deposit bonus is just $10 for bettors to wager however they’d like. It’s a small incentive to encourage bettors to make their first deposits and use that money.

Other Bonuses

There are a few other types of bonuses, but most of them are variations on what’s already listed. Sportsbooks could offer bettors a few hundred dollars in site credits with no strings attached. But that’s rare and is unavailable from any Tennessee sportsbook.

Bettors may also encounter VIP or loyalty programs where bettors can accumulate points for rewards. For example, WynnBET allows bettors to earn Wynn Rewards points. Wynn Rewards is Wynn Resorts’ rewards program, so bettors can earn points for complimentary meals or nights in Vegas.

But for the most part, bettors only need to be familiar with 2nd chance bets, deposit matches, and no-deposit bonuses.

How To Claim Sportsbooks Bonuses In Tennessee and other legal sports betting states

Claiming online sportsbook bonuses is easy. The terms and conditions for each bonus are spelled out on each sportsbook’s promotions page. However, bettors may have to hunt for the right page for the welcome bonus. But the steps to redeem that bonus are universal:  

• Bettors must download the sportsbook with the welcome bonus they’d like to redeem.
• Bettors must complete registration through the app or website. During this step, bettors will find a box to enter a code to redeem the bonus. 
• After registration, bettors must link a deposit method to their account and make their first deposits.   
• Welcome bonus credits will usually be applied to bettors’ accounts once the bonus terms have been satisfied. Some sportsbooks may require bettors to accept the bonus from an on-screen pop-up.

For smaller ongoing promotions, bettors have to opt-in manually on the promotions page. At well-run sportsbooks, bonuses are easy to redeem. There will also be many bonuses throughout each major sports season. There will be plenty of bonuses for Tennessee bettors to play for as they become more familiar with sports betting.

Sports Betting Bonuses & Promos FAQs

How Old Do I Need To Be To Place Sports Bets Online In Tennessee?

You’ll need to be 21 years of age or older. The legal sports betting age in Tennessee matches most states where sports betting is legal. Usually, limiting sports betting to people who are at least 21 allows bettors to visit retail sportsbooks at casinos, but since Tennessee has no commercial casinos, they’ve set their betting age out of convention. 

Can I Claim A Bonus At More Than One Sportsbook?

Yes. Bettors can make accounts with as many sportsbooks as they’d like. That means they can redeem as many welcome bonuses as they want. However, bettors can only redeem each bonus once. Bettors cannot redeem the same bonus multiple times. 

What Are The Playthrough Requirements On Legal Online Sportsbooks?

Playthrough requirements are the requirements for bettors to play their own money before earning bonus credits. These requirements vary across sportsbooks. The lowest playthrough requirements are usually around five times, and the highest is around 25 times. This ensures bettors actually wager at sportsbooks instead of trying to game bonus credits out of them. 

What Is Bonus Abuse And How Can I Avoid It?

Bonus abuse is gaming sportsbooks to redeem the same welcome bonus multiple times. Borrowing someone else’s Social Security number to create another account and arbitrage against a bettor’s own account may seem like a sound strategy. But it’s the kind of behavior that can get bettors kicked off sportsbooks.  

What Welcome Bonus Does FanDuel Offer New Bettors?

Our FanDuel promo code gives new users $250 in bonus bets when their first bet of $5 or more wins. But bonus bets can’t be withdrawn like cash winnings. So, bettors must be prepared to keep betting if they’re going to accumulate that many credits. 

Is There A Wagering Requirement At Sports Betting Apps?

Yes. Bettors must usually wager with their own money before getting any site credits. For deposit bonuses, that means making wagers after bettors’ first deposits. For 2nd chance bets, that means placing a bet before getting site credits. Bettors will generally not get large amounts of bonus credits.  

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