Yes, sports betting in Tennessee is legal, but not available yet.
Sports betting in Tennessee
Republican Governor Bill Lee let a sports wagering bill become state law despite the fact he did not sign the bill. He said he allowed the bill to become law because it did not include casino gambling expansion or any other gambling expansion.
Tennessee passed H001, a mobile sports betting bill which allows the Volunteer State to collect revenue from domestic mobile sports betting.
From Nashville’s WRKN.com, “The rules still need the lottery board’s approval at a yet-to-be-scheduled meeting. Then the lottery would begin taking applications for companies looking to run online sportsbooks in the state, among other entities seeking licenses to get involved at various levels.”
Betting on the state’s college teams will be permitted, but in-game play – or “Live” bets – on collegiate events will not.
Online sportsbooks in Tennessee
None – at the moment.
Tennessee residents are permitted to use mobile sportsbooks to use official league data for wagering. However, there are no mobile or online betting sites available yet. A major sticking point has been a “parlay” rule. If one selection in the parlay ends in a tie, most books consider that a push, allowing the bettor to win the next-lowest level parlay payoff (Ex: A 4-team parlay that is 3-0-1 will pay as a 3-teamer). However, Tennessee wants a parlay that includes a tie to be a losing bet.
Retail sportsbooks in Tennessee
None.
In the meantime, if Vols want to get their gambling fix, in the eastern part of the state they can take a ride through the Smoky Mountains to Cherokee, N.C. In the western part of the state they can head across the Mississippi River to nearby West Memphis, Ark.
For more sports betting information and betting tips, visit SportsbookWire.com. And follow @SportsbookWire on Twitter and on Facebook.
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