The best Tennessee sportsbook promos are BetMGM’s daily no sweat tokens worth up to $1,000 in bonus bets over 10 days, best for one bet a day of up to $100, and FanDuel’s $150 in bonus bets for small daily bets. Next on the list of top Tennessee sports betting promos are Caesars’ 10 profit boosts, best spread across separate bets, Bally Bet’s $50 in bonus bets and DraftKings’ $150 in bonus bets.
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Some links on this page are paid (affiliate) links to licensed operators. If a link is used to sign up or deposit, we may earn a commission at no added cost to players. Compensation does not determine our scores, reviews follow the transparent criteria outlined in our rating methodology.
What each sportsbook gives new customers
Every Tennessee sportsbook welcome bonus below pays in bonus bets or tokens, never in cash, and each one starts with a first bet or deposit of $1 to $10. The table follows the order of the Tennessee sportsbooks we rank, with BetMGM first and DraftKings last.
| Sportsbook | Welcome offer | Bonus type |
|---|---|---|
|
|
Deposit $10, get a no sweat token a day for 10 days, up to $1,000 back in bonus bets |
No sweat tokens |
|
|
Bet $5 on 3 days in a row, get $150 in bonus bets |
Bonus bets |
|
|
Bet $1, get 10 profit boost tokens |
Profit boost tokens |
|
|
Bet $10, get $50 in bonus bets |
Bonus bets |
|
|
Bet $5, get $150 in bonus bets within 14 days |
Bonus bets |
Offers as published for Tennessee on 28 October 2026. Offers change often, and the sign-up screen always shows the terms that apply to you.
Each Tennessee sports betting sign up bonus is open to new accounts only, and you can claim one at every sportsbook in the table. The full $1,000 at BetMGM needs ten losing token bets of $100, one a day for 10 days, while the other four pay the same credit whatever you stake above the minimum. Sign up bonuses change often, which is why the table carries a date.
Tennessee sports betting promos by bonus type
Tennessee sportsbook promotions for new accounts come in three forms: a refund on a losing bet, bonus bets for placing bets, and profit boost tokens. Each of these Tennessee betting promos suits a different way of betting, from a $100 bet every day to a few $5 bets.
BetMGM sign-up promo with daily no sweat tokens
21+ in OH. $10 min bet req. Bonus Bets non-withdrawable, expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
BetMGM’s welcome offer pays out one day at a time. A first deposit of at least $10 brings a no sweat token, and a new token follows each day for 10 days in total. If a bet placed with a token loses, BetMGM returns the stake as bonus bets, up to $100 per token and $1,000 overall.
The first token arrives with your first deposit. The other nine arrive when you log in to the BetMGM Sportsbook app on each of the next nine calendar days, and a day with no login forfeits that day’s token. Each token takes a maximum stake of $100, must be used on a single bet, and expires 24 hours after it is issued. If a token bet wins, you keep the cash winnings and no bonus is added.
The refunded bonus bets expire 7 days after they reach your account, and each one is used whole on one straight bet, parlay or same game parlay. Cashing out, editing or canceling your first bet ends the offer. BetMGM’s terms rule out any other BetMGM welcome offer once you claim this one. The BetMGM Tennessee review covers the app, its markets and BetMGM Rewards.
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BetMGM is best for one bet a day of up to $100 across 10 days, since each losing token bet comes back as bonus bets.
FanDuel sign-up promo paid in daily bonus bets
21+ in OH. $5 min deposit req. Bonus Bets non-withdrawable, expire 7 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
FanDuel pays its welcome credit one day at a time. Bet at least $5 on three days in a row and you get $50 in bonus bets each day, $150 in total.
The three-day period starts when you opt in, so opt in before your first bet. The minimum deposit is $5. FanDuel calls these guaranteed bonus bets, because the credit lands whether your bets win or lose. The bonus bets expire 7 days after each day’s credit arrives, and they do not have to be used in one lump sum. When your bonus bets win, only the profit reaches your cash balance.
FanDuel limits the offer to one per person, and its terms may also limit it by household, email, phone or payment account. The FanDuel Tennessee review looks at the app beyond the welcome offer.
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Among TN sportsbook promos, FanDuel is best for small bets over several days, at $5 a day for three days running.
Caesars Sportsbook sign-up promo with profit boosts
21+ in OH. $1 min bet req. Profit Boosts expire 14 days after receipt. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
Caesars Sportsbook skips bonus bets and pays its welcome offer in 10 profit boost tokens. A first bet of $1 or more at odds of -10000 or longer unlocks them. Each token adds a 100% profit boost to a later cash bet.
Each token takes a maximum stake of $25 and adds no more than $2,500 in extra winnings, paid as cash. The tokens last 14 days after they arrive. A token works once, on one bet. It cannot be split across bets or combined with a bonus bet. Your first wager has to be the qualifying one, so a first bet at odds shorter than -10000 ends the offer.
A qualifying bet settled through cash out or Flex Parlay does not count. A boost on a pushed bet is not reissued. The Caesars Sportsbook Tennessee review covers the app, its markets and Caesars Rewards.
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Caesars Sportsbook is best for boosting several separate bets, with 10 tokens to use within 14 days.
Bally Bet sign-up promo with bonus bet tokens
Must be physically present in CO and 21+ to participate. T&Cs Apply. Gambling problem? Call or Text 1-800-GAMBLER
A $10 first bet at Bally Bet brings $50 in bonus bets, paid as tokens. The published Tennessee offer ties the credit to placing that bet, with no win or loss condition and no multi-day schedule.
The tokens are non-withdrawable and expire 7 days after you receive them. Only the profit from a winning token can reach your cash balance.
The deal fits a new sportsbook customer who wants one quick claim before a game. The Bally Bet Tennessee review goes deeper into the app, its markets and its other promotions.
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Bally Bet is best for one small first bet that pays bonus bets, with $10 turning into $50 in tokens.
DraftKings sign-up promo paid in stages
21+ in OH. $5 min bet req. New Customer Offer Token expires 7 days after offer expiration. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.
DraftKings releases its welcome credit in stages. A $5 first bet brings $150 in bonus bets, paid into the account within 14 days rather than all at once.
The new customer offer token expires 7 days after the promotion ends. That deadline is separate from the expiry on each batch of bonus bets, which the app shows next to the credit. New accounts join DraftKings Rewards automatically, and cash bets earn Crowns that can be spent later. Staged credit suits someone betting across several weekends of football rather than one big game.
The DraftKings Tennessee review covers the app, its markets and DraftKings Rewards in detail.
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DraftKings is best for bonus bets released in stages, spread across two weeks of games.
Sports betting bonuses explained in plain terms
Sports betting bonuses in Tennessee pay in four ways, and only one of them needs a bet to lose.
| Bonus type | What you get | Who offers it |
|---|---|---|
|
Bonus bets |
Credit for placing the qualifying bet, paid win or lose |
FanDuel, Bally Bet and DraftKings |
|
No sweat tokens |
Bonus bets matching a token bet’s stake, paid only if it loses |
BetMGM |
|
Profit boost tokens |
Higher winnings on later cash bets, paid for placing the qualifying bet |
Caesars Sportsbook |
|
Deposit match |
Bonus funds worth a share of your first deposit |
None of the five |
A bonus bet is credit you stake like cash, but a winning one pays only the profit. Some terms still call them free bets. They are non-withdrawable bonus bets, so the credit itself never turns into cash. The bonus bet calculator shows what a winning bonus bet returns at any price.
A no sweat token refunds a losing bet as bonus bets. Some sportsbooks call the same idea a first bet safety net or a bet reset. BetMGM issues one token a day for 10 days, each covering a stake of up to $100. A winning token bet pays as normal, with no credit on top.
A profit boost token raises the winnings on one cash bet by a set percentage, which is 100% at Caesars Sportsbook. It adds nothing to the stake, so it makes the biggest difference on bets priced at plus money. Like a single bonus bet token, it is used whole on one bet slip.
A deposit match, also called a deposit bonus, adds a share of your first deposit as bonus funds, usually with a playthrough attached. None of these five Tennessee sportsbook bonuses uses one. BetMGM’s offer starts with a $10 deposit, but it pays through token bets rather than matching the deposit.
The terms that change what an offer pays are minimum odds, the first-wager rule, expiry, stake return, caps and the one-offer limit. Sports betting is legal in Tennessee under the Tennessee Sports Gaming Act, and the Tennessee Sports Wagering Council (SWC) licenses and regulates all five sportsbooks.
Caesars Sportsbook sets minimum odds of -10000 for both its qualifying bet and its tokens. BetMGM, FanDuel, Bally Bet and DraftKings list no minimum odds in their published Tennessee offers, though BetMGM token bets must be placed at standard odds. If a price is unclear, the odds converter turns American odds into decimal odds and implied probability.
At Caesars Sportsbook, the first wager must be the qualifying one, and a first bet that misses the terms ends the offer. Bally Bet and DraftKings also tie their credit to your first bet. BetMGM counts one token bet a day for 10 days after your first deposit, and FanDuel counts a $5 bet on each of three days after you opt in.
Bonus bets expire 7 days after they arrive at BetMGM, FanDuel and Bally Bet. BetMGM’s no sweat tokens expire 24 hours after they are issued, Caesars Sportsbook tokens last 14 days, and the DraftKings offer token expires 7 days after the promotion ends.
A winning bonus bet does not return its stake. FanDuel’s terms pay only the profit as cash, and the same applies to bonus bets at BetMGM, Bally Bet and DraftKings.
No bonus credit can be withdrawn. BetMGM, FanDuel and Bally Bet issue their bonus bets as non-withdrawable, and DraftKings’ Tennessee terms keep promotional credit in the account until its conditions are met.
Caesars Sportsbook caps each token at a $25 stake and $2,500 in extra winnings. BetMGM caps each no sweat token at a $100 stake and a $100 refund. At the other three, the bet slip shows any stake limit on a credit before you confirm.
FanDuel’s bonus bets do not have to be used in one lump sum, so you can split them across smaller bets. BetMGM bonus bets and Caesars Sportsbook tokens must be used whole on one bet. Bally Bet and DraftKings show on the bet slip whether a credit can be split.
BetMGM’s terms describe the offer for new users who make their first deposit through the BetMGM Sportsbook app, and the daily tokens arrive when you log in to the app. The other four Tennessee welcome offers are not published as app-only, so you can register and claim in the app or on the sportsbook’s website.
At Caesars Sportsbook, a qualifying bet settled through cash out or Flex Parlay does not count, and a boost on a pushed bet is not reissued. At BetMGM, cashing out, editing or canceling your first bet ends the offer. Letting the first bet settle on its own keeps the offer safe at all five sportsbooks.
Each person gets one welcome offer per sportsbook. BetMGM limits its bonus bets to 10 per person, account or household and rules out any other BetMGM welcome offer, DraftKings allows one account per person, and FanDuel may also limit offers by household, IP address, email, phone or payment account.
Caesars Sportsbook lets you opt out of its welcome offer through customer support. At FanDuel, the offer only starts once you opt in, so skipping the opt-in leaves it unclaimed.
Anyone on a self-exclusion list cannot claim a welcome offer. DraftKings’ Tennessee terms also bar people on the statewide list from betting at all.
Using the offers on Titans, Vols and Grizzlies games
All five offers work on Tennessee Titans, Tennessee Volunteers and Memphis Grizzlies games. What lands in your account depends on how the qualifying bet settles.
| Sportsbook | If the qualifying bet wins | If the qualifying bet loses |
|---|---|---|
|
BetMGM |
Cash winnings, no bonus |
Bonus bets equal to the stake, capped at $100 per daily token |
|
FanDuel |
Cash winnings plus $50 in bonus bets for that day |
$50 in bonus bets for that day |
|
Caesars Sportsbook |
Cash winnings plus 10 profit boost tokens |
10 profit boost tokens |
|
Bally Bet |
Cash winnings plus $50 in bonus bets |
$50 in bonus bets |
|
DraftKings |
Cash winnings plus $150 in bonus bets within 14 days |
$150 in bonus bets within 14 days |
Outcomes as set in each sportsbook’s published Tennessee terms, 28 October 2026.
Titans Sunday bets
Caesars Sportsbook pairs well with a Titans Sunday, since its offer turns on a single first bet, and BetMGM’s daily token covers a Titans bet on any of its 10 days. A Titans moneyline, spread or total works as the qualifying bet at either sportsbook.
Before the next Titans game, the Titans odds and betting guide shows the current spread, total and moneyline.
At BetMGM, a losing Titans bet placed with that day’s token comes back as bonus bets of up to $100, which you can use the following Sunday inside the 7-day window. A first deposit on a Titans Sunday also leaves a token for the next Sunday, since the tokens run for 10 days. At Caesars Sportsbook, a $1 first bet on the Titans unlocks tokens you can keep for later games, as long as the 14 days have not run out.
On same game parlays, a profit boost adds more in dollars than on a short-priced side, because the base profit is larger. A boost token, no sweat token or bonus bet only applies when you select it on the bet slip before you confirm.
What you can bet on a Vols Saturday
Moneyline, spread and total bets are open on Vols games, and welcome credit works on them the same way it works on cash bets. Under Tennessee sports betting laws, sportsbooks cannot take in-game proposition bets on college games, while team markets stay open.
That shapes how credit works on college sports. Props listed before kickoff are fine, but once the game goes live, only team markets remain for your bonus bets.
DraftKings fits a Vols season well. Place the $5 qualifying bet on a Vols moneyline, spread or total, then use the staged bonus bets on the following Saturdays as each part arrives.
FanDuel’s daily schedule also works on a Vols week if you bet $5 on the game and $5 on each of the next two days, on any sport.
Grizzlies weeknight bets
FanDuel’s three-day schedule and Bally Bet’s $10 first bet both suit Memphis Grizzlies weeknights. The Grizzlies odds and picks page lists the line for each game on the schedule.
The Grizzlies do not play three nights in a row, so one or two of FanDuel’s daily $5 bets may need to go on another game. Any market counts toward the $5 a day.
Bally Bet’s $10 qualifying bet works on a single Grizzlies line. If that bet wins, it pays as normal, and the $50 in bonus bets follows either way.
NBA prices move quickly once the game tips off. Before you use credit on in-game markets, the guide to live betting explains how live odds shift during play.
Tennessee sports betting promo codes for each app
Only BetMGM and Caesars Sportsbook publish a Tennessee sports betting promo code. FanDuel, Bally Bet and DraftKings attach their offers without one.
BetMGM’s Tennessee promotions page names the code BETMGMBONUS, entered in the code field during registration.
FanDuel needs no Tennessee sportsbook promo code, only an opt-in before the first of the three daily bets.
Caesars Sportsbook’s Tennessee offer uses the TN sportsbook promo code CZRDYW, and its terms require an eligible code at sign-up.
Bally Bet shows no code for its Tennessee offer, which attaches through the sign-up link.
DraftKings also works without a code, and the staged credit attaches to the new account once the first bet is placed.
Tennessee sportsbook bonus codes change often, and a sportsbook promo code from another state may not work here. The sign-up screen shows the Tennessee version of each offer once the app confirms your location.
From download to first bet in six steps
Online sports betting in Tennessee runs entirely through apps and websites, because the state has no retail sportsbooks. The whole process, from download to a settled first bet, happens on your phone or computer.
- Download the online sportsbook app from the App Store or Google Play, or open the sportsbook’s website.
- Register while you are physically in Tennessee, and pass the age, ID and geolocation checks.
- Enter the code if the sign-up screen has a code field, or opt in to the offer before you bet.
- Deposit with a method the cashier lists, such as a debit card, online banking or PayPal, since Tennessee sportsbooks do not accept credit cards.
- Place the qualifying bet within its window, and use the guide on how to bet on sports in Tennessee if bet types or odds are new to you.
- Use the bonus bets or tokens before they expire.
Your first bet is usually the qualifying wager, so read the offer terms before you place it. At Caesars Sportsbook, a first bet that misses the terms ends the offer, and at FanDuel a bet placed before the opt-in does not count. At BetMGM, the first token arrives with your first deposit, and you need to log in each day to collect the rest.
Tennessee sportsbook bonuses for existing customers
After the welcome offer, the regular Tennessee sports betting promotions are profit boosts, parlay offers, referral rewards and reward points. They change daily, so each app’s promotions tab is the place to look.
Profit boosts and odds boosts
A profit boost raises the winnings on one bet by a set percentage. An odds boost raises the price shown on a market before you bet.
Both sit in the promotions tab and on the bet slip. Each boost names the market, the maximum stake and the deadline, and those three lines decide whether it fits the bet you had in mind.
Refer-a-friend rewards are listed in the same tab. BetMGM’s Tennessee page offers you and your friend a $100 referral bonus each, with the conditions shown in the app.
Any existing sportsbook customer can use these offers, but each one has its own terms, separate from the welcome offer.
Parlay protection offers
Parlay protection returns your stake, usually as a bonus bet, when a parlay misses by a set number of legs. The legs required, the refund cap and the minimum odds differ by sportsbook and change from week to week.
Read those three terms before you build the slip, because a parlay with too few legs or too short a price will not qualify. The guide to parlay betting in Tennessee explains how parlay odds and payouts work.
BetMGM and Caesars reward points
BetMGM Rewards has five tiers, from Sapphire to NOIR. Points expire 180 days after you earn them unless you place new cash bets, and bets placed with bonus funds earn no points.
Caesars Rewards links Caesars Sportsbook bets to the same program used at Caesars resorts. Its terms set how credits are earned on sports bets and what they can be redeemed for.
Unlike a one-off Tennessee betting bonus, reward points keep building for as long as you place cash bets.
Deposit limits, self-exclusion and the REDLINE
Set a deposit limit before you claim an offer, so the credit never pulls your spending past your budget. The SWC notes that every licensed sportsbook offers deposit and time limits, and the guide to responsible gambling tools explains how each limit setting works.
- Caesars Sportsbook’s Gambling Controls page lists daily, weekly or monthly deposit and spend limits, a daily time limit and a cool-off of 3 to 30 days. All four settings are available once you log in.
- FanDuel’s Tennessee house rules cover deposit and wager limits, time limits and timeouts. DraftKings’ Tennessee terms confirm limit setting and self-exclusion.
For a longer break, the SWC runs a voluntary sports wagering self-exclusion program, applied for on the SWC website. Caesars Sportsbook also lets you send a self-exclusion request to the SWC from its app.
If you or someone you know has a gambling problem, call the Tennessee REDLINE at 1-800-889-9789, 24 hours a day, 7 days a week. You can also call 1-800-MY-RESET.
If you are in crisis, call or text 988.
How this page was researched
Every offer, term and limit here comes from the sportsbooks’ own Tennessee pages and from the SWC, read on 28 October 2026. The order of the five offers follows how we rate sportsbooks, not the size of any bonus.
The sources were Caesars Sportsbook’s offer terms and responsible gaming page, BetMGM’s no sweat token promotion terms, Tennessee promotions page and BetMGM Rewards terms, and FanDuel’s promotion terms and house rules. DraftKings’ Tennessee terms of use and Bally Bet’s published Tennessee offer complete the list.
The Tennessee sports betting market changes quickly, and Tennessee bettors see new offers most weeks. Our editorial standards set how often the offers are re-read, and the dates under the tables show the latest reading.
Tennessee sports betting is online only, so every offer here is claimed in an app or on a website, never at a counter.
Tennessee sportsbook promos FAQ
What are the current sports betting promos in Tennessee?
BetMGM gives a no sweat token a day for 10 days after a $10 deposit, returning each losing token bet of up to $100 as bonus bets, for up to $1,000. FanDuel pays $150 in bonus bets for $5 bets on three days in a row. Caesars Sportsbook gives 10 profit boost tokens, Bally Bet $50 in bonus bets and DraftKings $150 in bonus bets within 14 days.
How many Tennessee sports betting bonuses can I claim?
You can claim one welcome offer at each sportsbook, so Tennessee sports betting bonuses are available from all five apps. Each sportsbook limits its welcome offer to one per person.
Which Tennessee sportsbooks need a promo code?
Among Tennessee sportsbooks, only BetMGM (BETMGMBONUS) and Caesars Sportsbook (CZRDYW) publish a code. FanDuel, Bally Bet and DraftKings attach their offers without one.
Do I have to live in Tennessee to claim an online sportsbook promo?
No. Betting in Tennessee only requires you to be 21 or older and physically inside the state, so visitors can claim an online sportsbook offer while they are there.
Can I use a sportsbook promo on college sports in Tennessee?
Yes, on team markets such as the moneyline, spread and total. Sportsbooks cannot take in-game proposition bets on college games.
What sportsbook gives you money for signing up?
None of the five pays cash just for signing up. Every offer pays bonus bets or tokens after a first bet or deposit, and only the winnings from that credit become cash.
Can I get a sportsbook bonus in Tennessee without depositing?
No. Every offer needs a first bet, and BetMGM’s needs a $10 first deposit, so you have to fund the account before any bonus arrives.
What is the legal betting age for Tennessee sportsbook promos?
The legal betting age for sports betting in Tennessee is 21. TN sports betting apps check your age and ID at registration and confirm your location before every bet.




