Best Tennessee Sportsbook Promos and Codes for 2024 – Claim up to $18,975

Why Trust Techopedia Gambling
Why Trust Techopedia Gambling

Regulated online sports betting has been live in Tennessee since 2019 and, in that time, has flourished. The regulated market is now worth a reported $2.73 billion annually and is one of the fastest-growing in the United States.

Nonetheless, offshore sportsbooks have been available in the state for years. These are reputable organizations that are subject to international law. They are often favorable in many ways to US-regulated sports betting operators.

In this guide, we will look at the best Tennessee sportsbook promos offered by offshore sportsbooks and explain what you need to do to claim them.

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  • Crypto Betting
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50% Welcome Bonus up to $1,000

50% Welcome Bonus up to $1,000

  • BetOnline odds boosts available every day
  • Live betting available on all major sports
  • Excellent sportsbook 101 tutorial section
9.9
5 Stars BetOnline
Play Now

Welcome Bonus worth up to $1,725

Welcome Bonus worth up to $1,725

  • Fast online payouts with zero fees
  • Live streaming available for in-play betting
  • 24/7 live chat customer support
9.8
5 Stars BetWhale
Play Now

75% Welcome Bonus up to $750

75% Welcome Bonus up to $750

  • 25+ sports markets including niche options like chess
  • Redeem points for cash through loyalty program
  • Deposit using cards or 6 cryptocurrency options
9.8
5 Stars Bovada
Play Now

100% Welcome Bonus up to $500

100% Welcome Bonus up to $500

  • Free bet offers and special promos every week
  • Exclusive halftime betting options for most events
  • Niche betting markets including politics and stocks
9.7
5 Stars Everygame
Play Now

200% Welcome Bonus up to 10 ETH

200% Welcome Bonus up to 10 ETH

  • Generous 10 ETH bonus and high roller NFTs
  • Trusted by Web3 influencers and powered by $TGC token
  • World’s first licensed telegram sportsbook – fully anonymous
9.7
5 Stars TG.Casino Sports
Play Now

100% Sports + 25% Casino Combo Bonus

100% Sports + 25% Casino Combo Bonus

  • High-value reload bonuses for crypto users
  • BetUS TV offers experts tips and picks
  • Same day withdrawal service for fast payouts
9.7
5 Stars BetUS
Play Now

50% up to $1,000 + $10 Casino Chip

50% up to $1,000 + $10 Casino Chip

  • Reload bonuses available for all deposits
  • News section with expert views and predictions
  • Early cashout option available on most wagers
9.7
4.5 Stars MyBookie
Play Now

200% Welcome Bonus Package

200% Welcome Bonus Package

  • Exclusive high-value bonuses for crypto users
  • Weekly rebate on losses for all sports wagers
  • Extensive range of ongoing promotions
9.6
4.5 Stars BetNow
Play Now

125% Welcome Bonus + 3 Contest Entries

125% Welcome Bonus + 3 Contest Entries

  • Live streaming available for all major events
  • Regular weekly contests with big prizes
  • 100+ betting markets for most events
9.5
4 Stars Jazz Sports
Play Now

100% Welcome Bonus up to $2,500

100% Welcome Bonus up to $2,500

  • Early cash out option available on most wagers
  • Live betting and streaming for major events
  • 24-hour withdrawals for fast payouts
9.4
4.5 Stars BUSR
Play Now

50% Bonus up to $500 + $10 Casino Chip

50% Bonus up to $500 + $10 Casino Chip

  • Reload bonuses offered for every deposit
  • Niche markets for entertainment and politics
  • Crypto support for Bitcoin, Litecoin, and more
9.3
4 Stars Xbet Casino
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Tennessee Sportsbook Promos May 2024 and Promo Codes

The table below shows the best TN sportsbook promos for 2024. We’ve also listed whether or not you need to add a promo code for each offer. Where it states “N/A,” assume that no Tennessee sportsbook promo codes are required.

Sportsbook Welcome Bonus Promo Code Our Rating
BetOnline 50% up to $1,000 BET1000 9.8/10
Bovada 50% up to $250 N/A – Claim Now 9.6/10
BetNow 150% up to $225 BN150 9.4/10
Everygame 100% up to $500 WELCOME500 9.3/10
BetUS 100% up to $2,500 JOIN125 9.2/10
MyBookie 50% up to $1,000 MYB50 9.2/10
BUSR 100% up to $2,500 SPORTS100FP 9.1/10
SportsBetting.ag 100% up to $500 DOUBLEUP 9.1/10
XBet 50% up to $500 XBET50 9.1/10
Lucky Block 200% up to $10,000 N/A – Claim Now 9/10

List of Top Tennessee Sportsbook Promos Today

The list below looks at the best offshore Tennessee online gambling sites and the welcome offers for each. These offshore sportsbooks offer great odds and larger bonuses than local sports betting sites.

  1. BetOnlineThe top-rated US sportsbook offers new customers exceptional odds and a $1,000 welcome bonus.
  2. BovadaThere’s a $250 welcome bonus up front and incentives that can be enhanced with cryptocurrency.
  3. BetNow – Get a nice $225 welcome bonus and wager on unique betting lines for your favorite baseball games.
  4. Everygame – Upon joining, get a $500 welcome bonus and place bets on specific markets with higher odds.
  5. BetUS – Get fantastic odds and high betting limits on various markets and claim a $2,500 welcome bonus.
  6. MyBookie – Get a $1,000 welcome bonus and wager on unique novelty markets not offered by all sportsbooks.
  7. BUSR – As a new sign-up, benefit from odds enhancements, wager on 30+ markets, and receive up to $2,500.
  8. SportsBetting.ag – A $500 maximum sign-up bonus, reduced-juice odds, and bonus play incentives.
  9. XBet – New sportsbook members can get a $500 welcome bonus with a reasonable rollover requirement.
  10. Lucky Block – Instantaneous BTC deposits and withdrawals, safe banking, and bonuses up to $10,000.

Reviews of the Best TN Sports Betting Promos

Now that we have provided an overview of the best Tennessee betting incentives, it is time to dive deeper into the analysis. Here, we will discuss the top Tennessee sportsbooks and emphasize offshore TN sportsbook promos. We’ll also go over each operator’s advantages that don’t have to do with bonuses.

1. BetOnline – 50% Match up to $1,000 / Advantageous Odds

BetOnline - Best Sportsbook Bonuses TN

Our BetOnline Sportsbook Bonuses Verdict: 9.8/10

BetOnline is a trustworthy participant in the market, having over 25 years of expertise in the online gaming industry. As a result, it is thought to be among the most dependable operators in the country for legal sports betting.

The BetOnline Sportsbook app and website have a large, easily navigable array of sports and leagues, all presented in a clear, simplistic style. Additionally, it’s easy to add alternatives quickly using the bet slip, and it’s not difficult to understand the lines and odds presented.

On the left side of the website is a list of over thirty sports, ranging from more prominent options like football, baseball, basketball, and hockey to more esoteric options like politics and entertainment (darts are also offered). We discovered hundreds of betting alternatives for specific high-profile NFL and NBA games, covering various wager types.

BetOnline offers one of the industry’s biggest Tennessee welcome bonuses, with a maximum $1,000 BetOnline bonus code. This adds to a substantial promotional offering from BetOnline and other ongoing benefits like parlay promotions, odds boosters, and others. Because of its bonus offers and reputation as a reliable sportsbook, we recommend BetOnline to TN gamblers against competing online sportsbooks.

How To Claim the BetOnline Tennessee Welcome Bonus

Below, we will delve deeper into the BetOnline Tennessee sportsbook bonus.

  1. You can access the BetOnline sign-up website and begin the process by clicking on any provided links.
  2. Input your email address, password, account number, and BET1000 promo code.
  3. You must enter your name, address, phone number, date of birth, and the final four digits of your SSN.
  4. Deposit up to $1,000 and get back 50% in bonus funds.
  5. Bonus bet funds may only be used through BetOnline.

BetOnline Tennessee Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Sports Welcome Bonus 50% up to $1,000 BET1000 10x $55
1st Time Crypto Bonus 100% up to $1,000 CRYPTO100 14x $20

Pros: pros

  • A substantial welcome package and ongoing offers
  • Competitive lines for betting and strong odds
  • Great coverage of all major US sports
  • Simple UI for streaming and live betting
  • Reputable and experienced betting operator

Cons: cons

  • Lacks a betting loyalty scheme
  • There is just a 50% deposit match offer

2. Bovada – 50% Match up to $250 / Crypto Welcome Package

Bovada Sports - Best Sportsbook Bonuses TN

Our Bovada Sportsbook Bonuses Verdict: 9.6/10

In the US, Bovada is a well-known name in online sports betting. The website delivers a well-designed sportsbook experience despite its lack of flash. The bookmaker offers more outstanding betting options and odds for over 30 distinct sports than its rivals. There are an astounding 150 or more alternatives in an NFL game.

Bovada’s loyalty program sets it apart from other top-rated online sportsbooks in Tennessee. As users bet with real money on the website, Bovada Rewards will give them points. You can win cash rewards by accruing more loyalty benefits the more levels you complete inside the tiered system.

Bovada Sports consistently maintains fair odds and provides some of the best lines for the major US sports leagues. Even though there aren’t many promotions beyond the first one, the initial incentive will aid newcomers’ integration.

You can get a $250 bonus for TN sports betting when you sign up and deposit (a different, more considerable cryptocurrency promo is available). With this Bovada bonus code offer available, there’s no reason not to sign up and see whether it suits your needs.

How To Claim the Bovada Tennessee Welcome Bonus

You can use this section to learn how to get the Bovada TN sign-up bonus.

  1. Any links provided here will take you to the Bovada greeting page.
  2. Enter your login information, which includes your password, email address, and username, to verify who you are.
  3. Please enter your name, date of birth, address, and contact details in addition to the last four digits of your SSN.
  4. Make the necessary initial deposit. Bovada will match 50% of the deposit in credits worth up to $250.
  5. To withdraw site credit from the site, bets must be made at Bovada.

Bovada Tennessee Sports Betting Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Sports Welcome Bonus 50% up to $250 N/A 5x $20
Sports Crypto Welcome Bonus 75% up to $750 BTCSWB750 5x $20

Pros: pros

  • Incentives for new clients with low rollover
  • Many choices for introductory bonuses
  • Live betting offers fast updates on the odds
  • Every bet earns you points toward rewards
  • The approval of withdrawals will occur in two days

Cons: cons

  • There is room for small design improvement
  • Recurring incentives could improve

3. BetNow – $225 Max Bonus / Best For Baseball

BetNow Sports - Best Sportsbook Bonuses TN

Our BetNow Sports Betting Bonuses Verdict: 9.4/10

BetNow, a contemporary online sportsbook, offers a friendly and inviting layout for those new to the site. Users can easily register and deposit through the secure cashier and get right to betting.

The most well-liked markets are easily accessed; adding choices to the slip only requires a few clicks. We believe BetNow is the easiest-to-navigate TN betting site in many ways.

Depending on the amount of their initial deposit and the rollover criteria they select, new clients can choose from various bonuses. If luck is not on your side, BetNow offers a sportsbook rebate that entitles you to a complimentary 2% return on your losses.

BetNow is undoubtedly one of the most fabulous Tennessee online sports betting options when special offers and giveaways are considered. Apart from the substantial initial bonus of up to $1,000, you’ll find numerous engaging ongoing competitions and promotions.

How To Claim the BetNow Tennessee Welcome Bonus

The section below explains how to get the BetNow TN sign-up offer.

  1. You can visit the BetNow welcome page by tapping any unique link in this article.
  2. Enter your email address, password, and username after selecting your state.
  3. Your name, address, birth date, and the final four digits of your Social Security number must all be entered.
  4. Apply the relevant promo code and make the requisite deposit required by the welcome promotion.
  5. Before you make a withdrawal, you have to exhaust the original player bonus completely.

BetNow Tennessee Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Welcome Bonus 1 50% up to $500 BN50 10x $20
Welcome Bonus 2 100% up to $1,000 BN100 20x $20
Welcome Bonus 3 150% up to $225 BN150 20x $10
Welcome Bonus Crypto 200% up to $200 CRYPTO200 20x $10

Pros: pros

  • Select from a variety of sportsbook bonuses
  • The website makes it simple to register and deposit
  • Bonuses for reloading are offered
  • Strong options for baseball wagering
  • There are guides available for online sports betting

Cons: cons

  • It could be difficult to choose the perfect reward
  • Not as many sports as other online bookmakers

4. Everygame – 100% Matched up to $500 / Better Odds on Particular Bets

Everygame Sports - Best Sportsbook Bonuses TN

Our Everygame Sports Betting Bonuses Verdict: 9.3/10

Everygame is an online sportsbook that is both trustworthy and up-to-date. In 1996, it was the earliest US internet operator to accept a real money wager.

The platform has come a long way since then and recently had a significant makeover. Because of the betting buttons’ dimension and emphasis on essential markets, it is one of the most user-friendly online sports betting apps and websites.

We observed that the website and app display Everygame’s exclusive deals prominently. Through several promotions, Tennessee players can earn bet credits, bonus wagers, and other benefits.

The main attraction is a $1,000 welcome bonus in cryptocurrency accessible to brand-new TN players who top up their accounts with Litecoin, Bitcoin Cash, Bitcoin, or Bitcoin. For players who do not use cryptocurrency, a substantial initial welcome bonus matches deposits up to $500.

How To Claim the Everygame Tennessee Welcome Bonus

We’ll explain how to get the best Everygame TN wagering promotion below.

  1. Click on one of our unique URLs to be sent to the Everygame welcome page.
  2. Select your state if required before inputting your login credentials.
  3. Your name, address, phone number, date of birth, and the last four numbers of your SSN must be provided.
  4. Make your first deposit to claim your $500–$1,000 welcome bonus.
  5. Enter the coupon code WELCOME500 to receive your bonus. Bet tokens must be wagered before withdrawn.

Everygame Tennessee Sports Betting Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Non-Crypto Sign-Up Bonus 100% up to $500 WELCOME500 8x $20
Crypto Sign-Up Bonus 50% up to $1,000 CRYPTO1K 8x $20

Pros: pros

  • Bonuses for online sports betting with a low rollover (8x)
  • Two choice-based welcome promo options
  • Considering the competition, live betting is strong
  • Accepts a number of cards as payment
  • One of the oldest online sportsbooks

Cons: cons

  • There are fewer sports than at some competitors
  • The Bitcoin offer outweighs the USD bonus

5. BetUS – 100% Match Promo up to $2,500 / Huge Betting Maximums

BetUS Sports - Best TN Sports Betting Bonuses

Our BetUS Sportsbook Sports Betting Bonuses Verdict: 9.2/10

BetUS is among the most outstanding online sportsbooks available to US players despite not being our #1 pick. The ownership has a noteworthy history that dates back almost thirty years.

If you have previously used the site, remember that its new and updated look is more intuitive than its old one. However, it might take some getting used to how markets are displayed in the new layout.

It’s crucial to remember that BetUS Sportsbook, especially for Bitcoin customers, offers impressive bonuses. There’s a 200% welcome bonus divided into a 50% casino bonus and a 150% sportsbook bonus. This presumes that you register immediately and send in your first Bitcoin deposit.

Additional cash up to $5,000 plus thirty more risk-free bets will become available upon registration. Players will profit from BetUS’s substantial reload bonuses and exclusive prizes dispersed throughout the six tiers of the membership program. Among these benefits are access to competitions and increased reload deposit bonuses.

How To Claim the BetUS Sportsbook Tennessee Welcome Bonus

The following are instructions on how to use the BetUS Sports TN offer.

  1. The BetUS welcome area can be accessed by clicking any of our links.
  2. Enter your login credentials and email address.
  3. The last four digits of your SSN must be provided, along with your name, address, phone number, and birthdate.
  4. You can get up to a 125% match with the promo code JOIN125, up to $2,500.
  5. The bonus credits must be played at BetUS, and the playthrough conditions must be met before withdrawal.

BetUS Sportsbook Tennessee Sports Betting Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
125% Sign-Up Bonus 100% Sports Bonus up to $2,500 + 25% Casino Bonus up to $625 JOIN125 10x Sports, 30x Casino $100
200% Crypto Sign-Up Bonus 150% Sports Bonus up to $3,750 + 50% Casino Bonus up to $1,250 JOIN200 15x Sports, 30x Casino $100
20% Cash Bonus 20% up to $500 20CASH 6x $100

Pros: pros

  • Huge incentives for sportsbook wagering
  • BetUS TV offers selections and forecasts
  • Monthly competitions with substantial prize pools
  • Withdrawals are allowed within a couple of hours
  • A strong hub for scores and statistics is offered

Cons: cons

  • Not the simplest to use the sportsbook layout
  • To receive the max bonus, large investment needed
Methodology

How We Test and Review Sportsbooks

100+ Sports Betting Sites Reviewed

200+ Hours of Research Every Month

150+ Sportsbook Promotions Verified

1,000s Betting Markets & Odds Analyzed

We follow a proven methodology when reviewing sports betting sites that highlights the pros and cons of each platform.

Our process enables us to rate sportsbooks on key features so you can compare sites with ease.

We cover:

  • Sports and betting markets
  • Competitiveness of odds
  • Reputation and licensing
  • Bonuses and promotions
  • Payment methods
  • Customer support

…and more.

Check out our complete guide to learn how to rate sportsbooks featured on Techopedia.

Why Use Tennessee Sportsbook Promo Codes?

Promo codes are vital in unlocking online betting bonuses and triggering specific offers. However, it’s important to note that not all Tennessee sportsbook promos require promo codes, as outlined in the earlier table.

These codes inform the betting site about the desired offer. At Techopedia, we have procured exclusive codes, bonuses tailored to our readers, and unique betting opportunities.

We highly recommend taking advantage of welcome offers when registering for a new account, as they provide an opportunity to obtain bonus bets on the house. Some of the offers mentioned on this page are associated with TN sportsbook promo codes, so be sure to use the correct code linked to each offer where applicable.

When Can You Use Promo Codes?

Tennessee sportsbook promotions include both welcome bonuses and ongoing offers for existing players. Welcome promos sometimes require you to input the corresponding promo codes during the account creation process or when making your initial deposit.

A designated field is visible during sign-up or deposit on sites that require TN sportsbook promo codes to claim bonuses. It’s essential to note the case sensitivity of the codes as you copy them, as accuracy is crucial for activation. Copying the code directly from us is ideal to ensure it is pasted correctly.

Can You Claim Multiple Sportsbook Bonuses/Promos?

Regarding welcome offers, it’s important to note that you can claim multiple Tennessee sportsbook promos. You can obtain every welcome bonus we have listed if you choose to sign up for each sportsbook and meet the requirements for the respective promotions.

However, these welcome offers independently at each sportsbook are one-time use for each sign-up. Additionally, some of the best best offshore sportsbooks may limit the number of times residents of a single household or address can claim an offer.

For example, if you claim a bonus in instances like this, others residing in your household won’t be eligible for the same offer unless specific circumstances exist. This could include house-sharing or living in the same apartment complex, as this circumstance can be proven to have no connection to other accounts.

The rules regarding the number of times you can claim ongoing bonuses at leading sportsbooks vary. Regarding reload bonuses, it is often possible to claim multiple offers of this type throughout your tenure with a sportsbook. However, they may be offered periodically and come with a one-time use caveat per individual opportunity.

How to Claim a Tennessee Sportsbook Bonus

In this section, we will use our top-rated sportsbook, BetOnline, to walk you through how to use a Tennessee sportsbook promo code. This process can be applied to most sites, although the steps may differ slightly.

1. Go to BetOnline Sportsbook

Once you have accessed the sportsbook welcome page, start the signup process by selecting the “Join Now” button.BetOnline TN Main Screen

2. Complete the Registration Form and Use Promo Code Where Applicable

Fill in all the required fields to create your account with BetOnline Sportsbook. A BetOnline TN sportsbook promo code is unnecessary to claim the current welcome bonus. You may need to do so at some sportsbooks during registration to claim your bonus offer.

Sign up at BetOnline TN

3. Make the First Deposit

Once your account has been created, it’s time to log in and access the deposit page. BetOnline has many payment options, which will be highlighted here. Select an option, input a dollar amount, and submit your request.

BetOnline TN Deposit Section

4. Place Your First Bet

After you have completed your deposit, the bonus will be applied to your account within BetOnline’s stated time frame. You can now use this bonus within the sportsbook to place bets.

BetOnline TN Deposit Bonus

Types of Tennessee Sports Bonuses Available

There is a wide range of Tennessee sports betting bonuses that you can obtain at online sportsbooks these days. Some offer value to certain players more than others, and the table highlights what they are and how they work. We’ve also included the best sportsbook for each offer.

Bonus Type About Recommended Site
Deposit Match Bonus Bonus is awarded following your original deposit BetOnline
Game/Event-Specific Bonuses Bonus related to a particular sporting event Everygame
Parlay Insurance If a parlay loses by one leg, the entire or partial wager is returned Everygame
Odds Boosts Higher chances compared to regular lines BetOnline
Reload Bonuses Akin to a deposit bonus but applicable to subsequent deposits only SportsBetting.ag
Referral Bonuses Gain extra bets by introducing friends to the sportsbook Bovada
Loyalty Rewards Extra advantages offered to regular users MyBookie

Deposit Match Bonus

A deposit match bonus is a promotional offer where a sportsbook matches a percentage of your deposit with bonus funds. For example, if you make a $1,000 deposit and the sportsbook offers a 100% deposit match bonus, they will add $1,000 in bonus funds to your account. This will give you a total of $2,000 to wager with.

Game/Event-Specific Bonuses

Game or event-specific bonuses are promotions tailored to a specific game or event. It may include enhanced odds, bonus bets, or other incentives specific to that sporting event.

Parlay Insurance

Promotions for parlay insurance are available on specific parlays spanning many legs. Usually, a minimum of four or more choices must be made. The bookmaker will refund all or part of your bet if the parlay is lost by one leg. This implies that your entire wager is not lost.

Odds Boosts / Parlay Boosts

An odds/parlay boost is where a sportsbook enhances the odds or potential payout of a specific bet or parlay. For example, a sportsbook may offer a 20% odds boost on a selected team to win, increasing the original odds from +200 to +240, resulting in a higher potential payout if the bet wins. These promotions generally provide value over industry-standard betting lines.

Reload Bonuses

A reload bonus is where a sportsbook rewards existing players with a deposit match bonus when they make a new deposit (following the first deposit) into their betting account. It provides additional funds and incentivizes Tennessee bettors to continue wagering on the platform.

Referral Bonuses

A referral bonus (refer-a-friend) rewards existing players for referring new customers to the sportsbook. When the referred person signs up and meets specific criteria, the referrer and (at times) the referred individual receive a bonus. For example, a sportsbook may offer a $50 bonus to the referrer and the new user when they sign up, deposit, and place an initial qualifying bet.

Loyalty Rewards

Loyalty rewards in online sports betting, including VIP tiers, are incentives for loyal and high-value players. These rewards can include exclusive perks such as personalized customer service, higher betting limits, special promotions, access to VIP events, cashback programs, and enhanced odds. They acknowledge and reward the bettor’s ongoing loyalty to the sportsbook.

Tennessee Sportsbook Promos Terms and Conditions

In this section, we will look at how TN sportsbook promos work. We’ve included a range of standard terms and conditions along with explanations. It is best practice to stay aware of these when claiming any betting bonus, as you will want to know whether you can meet the requirements to take full advantage of them.

1. Number of Deposits

Some Tennessee sports betting bonuses may be available only on the first deposit, while others might extend over multiple deposits. The terms may specify minimum deposit amounts, maximum bonus amounts, and specific requirements for each deposit to qualify for the bonus.

2. Promo Codes

Promo codes determine the specific offer that a player is eligible for. The terms may require using a valid promo code during registration or deposit to activate the bonus. Promo codes can unlock exclusive bonuses or alter the bonus terms, such as wagering requirements or bonus amounts.

3. Rollovers/Wager Requirements

Wagering requirements specify the amount of money a player must bet before being allowed to withdraw bonus funds. For example, a $100 bonus with a 10x wagering requirement would require the player to wager $1,000 before being eligible to withdraw any winnings associated with the bonus.

4. Min/Max Deposit

Minimum and maximum deposit requirements dictate the amounts that need to be deposited to qualify for the bonus. For example, a bonus might require a minimum deposit of $20, meaning deposits below $20 would not be eligible for the bonus. Maximum deposit limits to receive bonuses are not standard.

5. Eligible Sports/Bets (Minimum Bet/Eligible Odds)

Some bonuses may be restricted to sports or bet types, such as excluding live betting or only allowing wagers on certain leagues or events. For example, a bonus may only apply to NBA games and be invalid for betting on other sports like soccer or tennis.

6. Expiration Date

The expiration date is a crucial factor in the terms and conditions of a sports betting bonus, as it sets a time limit within which the bonus must be used. The bonus may become void if not claimed or wagered within the specified timeframe. For instance, a bonus may expire seven days from the activation date, requiring the player to utilize the bonus funds within that period.

7. Age Limit

Age limit requirements ensure that individuals are of legal age. For example, an offer will only be available to players aged 21 and above.

8. Payment Method Restrictions

Payment method restrictions specify which payment methods are eligible or ineligible for claiming a bonus. A deposit bonus offer may state that specific deposit methods do not qualify for the promotion. This is not common among standard deposit methods at leading regulated US sportsbooks.

Features of a Good Tennessee Sportsbook Offer

Promotions range based on size and specifics. However, a few standout features always make for a good TN sportsbook offer. Below, we’ve listed some of these and provided some pros and cons that can make or break a sportsbook bonus.

Pros: pros

  • High Bonus Amount – A significant advantage of a good sportsbook offer is a high bonus amount, which provides players with bonus funds to wager.
  • Low Wagering Requirements – Low wagering requirements make it easier for players to meet the conditions for withdrawing bonus funds, allowing them to enjoy any potential winnings quickly.
  • Long Expiration Date – A generous expiration date provides players ample time to use and fulfill the bonus requirements, reducing the pressure to rush and enabling a more relaxed and enjoyable betting experience.
  • Access to Multiple Sports – A diverse selection of sports available for betting enhances the overall appeal of a sportsbook offer, catering to different preferences and allowing players to engage in a wide range of online sports betting opportunities.

Cons: cons

  • High Wagering Requirements – A sportsbook offer with high wagering requirements can make it challenging for players to meet the conditions for withdrawing bonus funds. This can result in a frustrating and prolonged process to unlock any possible bonus winnings.
  • Limited Sports Selection – A poor sportsbook offer may have a limited range of sports for betting, restricting players’ variety of wagering options. This can lead to a less engaging and enjoyable betting experience.
  • Lack of Existing Player Promos – Once the welcome offer has expired, a poor sportsbook may not provide enticing promotions or bonuses for existing players.

Mistakes To Avoid When Claiming a Bonus

Securing a bonus from a sportsbook may seem straightforward, but it often involves navigating a series of hurdles to claim it successfully. This section highlights common missteps made when attempting to redeem Tennessee sportsbook promotions. Avoid these five mistakes to ensure a smooth bonus experience.

  1. Thoroughly Read the Terms and Conditions - Understanding the fine print is crucial to avoid surprises and limitations. Take the time to review requirements, wagering conditions, expiration dates, and any restrictions associated with the bonus.
  2. Pay Attention to Rollover/Wagering Requirements - Ignoring these requirements can lead to complications when trying to withdraw winnings. Familiarize yourself with the specific wagering obligations and plan your bets accordingly.
  3. Don't Forget the Tennessee Promo Code - Some bonuses necessitate specific action steps or promo codes during registration or deposit. Forgetting to activate the bonus or input the required code could mean missing out on the promotion entirely.
  4. Meet the Minimum Deposit Amount - To qualify, most bonuses have a minimum deposit requirement. Depositing less than the specified minimum may result in the bonus not being credited to your account.
  5. Note the Expiration Dates - Bonuses typically come with expiration dates, timeframes within which they must be used, or wagering requirements that must be fulfilled. Failing to utilize the bonus or meet the requirements within the specified timeframe could render the bonus void.

Types of Payment Methods

Regarding TN sports betting promos, your chosen payment methods can significantly impact your wagering experience. This section will delve into the diverse array of payment options available.

  • Bank Cards - Credit and debit cards like Mastercard, Visa, and American Express offer a familiar and widely accepted payment method for online transactions.
  • Wire Transfer - Directly transfer funds from your bank to your betting account through a wire transfer, ensuring secure and reliable transactions.
  • Cryptocurrency - Virtual currency with instant transaction speeds, minimal fees, and high security can be used at our top offshore sportsbooks.
  • E-Wallets: Offshore internet sportsbooks no longer accept Skrill and PayPal.

Are There Taxes on Bonuses?

Tennessee gambling tax laws are unique, and in July 2023, bill SB 0475 was passed stating that the regulated sportsbooks in the state would be required to pay 1.85 of their total handle instead of 20% of their gross gaming revenue.

With that said, that has no bearing on the winning or losing bettor. So, how do taxes work for residents betting within the state?

Sports betting is subject to US tax legislation. Before taxes on betting winnings are due, net wins for the calendar year must exceed a certain threshold.

If you have a net profit for the tax year, your income will be taxed like other earnings and company gains. You are legally required to pay taxes on your earnings, even if you use bet credits to make a profit.

Generally speaking, offshore bookmakers such as those we recommend don't keep track of earnings, withhold taxes from winners, or give clients W-2Gs. As such, the bettor is responsible for keeping track of their net profits or losses for the year to account for sports betting when paying taxes appropriately.

The Best Tennessee Sportsbook Promo

BetOnline is rated as the best sportsbook for promotions in Tennessee. The Tennessee online gambling site comes packed with various features, including live betting, boosted odds, competitive betting lines, and mobile accessibility.

FAQs

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Jonathan Askew
Sports Betting and Casino Expert
Jonathan Askew
Sports Betting and Casino Expert

Jonathan is a freelance writer working with Techopedia. He has been working within the gambling sector for over 15 years and has been fortunate enough to work with brands that include Gambling.com, CheekyPunter.com, BasketballInsiders.com and Betfair. He specializes in US and UK-based sports and casino content for Techopedia.