Tennessee Sports Betting Bonuses: $6,350 in Promos in March 2025

The Tennessee sports betting landscape includes a plethora of new-user sportsbook promos in 2025 — and claiming these welcome bonuses has never been easier. Read on to learn how you can lock in the best Tennessee sportsbook promos at BetMGM, FanDuel and Caesars Sportsbook.
Top 5 Tennessee sports betting bonuses
21+ and present in TN. Gambling Problem? Call TN REDLINE 1-800-889-9789.
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- Fewer details
- BetMGM Benefits
- User-friendly mobile app
- Over a dozen deposit options
- Offers same-game parlays
- BetMGM Bonus Review
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- Fewer details
- Caesars Benefits
- Best customer support
- Top-tier rewards program
- Highly trusted legacy brand
- Caesars Review
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- FanDuel Benefits
- Best user experience
- World-class mobile app
- Best for live betting
- FanDuel Review
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- Fanatics Sportsbook Benefits
- Flexible FanCash Rewards
- Unique promotions
- Improved app performance
- Fanatics Sportsbook Review
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- bet365 Benefits
- Best prices
- Gold standard layout
- World-class live betting
- bet365 Review

Exclusive $50 Bonus + $1,500 First Bet Offer
Tennessee sportsbook promo codes
Sports betting site |
Welcome bonus |
Promo code |
---|---|---|
⭐ BetMGM |
COVERS1550 |
|
⭐ FanDuel |
Claim $200 without code |
|
⭐ Caesars Sportsbook |
COVERSBONUSDYW |
|
⭐ DraftKings |
Bet $5, Get $200 + $1K Deposit Bonus |
Claim $1,200 without code |
⭐ bet365 |
Bet $5, Get $150 Win or Lose |
CVSBONUS |
⭐ Fanatics Sportsbook | $1,000 in No Sweat Bets |
Claim $1,000 without code |
⭐ ESPN BET |
No code required |
|
⭐ Hard Rock Bet |
No code required |
|
⭐ Bally Bet |
No code required |
|
⭐ Betly |
No code required |
|
⭐ Action 24/7 |
No code required |
Tennessee sportsbook promos summary
Active betting sites | 13 |
Best bonus | ⭐BetMGM⭐ |
Total bonuses | $6,350 |
Last verified | March 18, 2025 ✅ |
Online betting | Yes ✅ |
Retail betting | No |
Betting on college sports | Yes ✅ |
Remote registration | Yes ✅ |
Online casinos | No |
Legal betting age | 21 |
1. BetMGM Tennessee welcome offer
Exclusive $50 Bonus + $1,500 First Bet Offer
COVERS1550
BetMGM is another massive player in the casino and sportsbook industries. New users residing in Tennessee are eligible to claim an 'Exclusive $50 Bonus + $1,500 First Bet Offer' when inputting the BetMGM bonus code 'COVERS1550' during registration to activate the offer. Before claiming your new player bonus, there are a few things to keep in mind:
- New users must provide some form of legal verification to confirm their identity when registering.
- A minimum initial deposit of at least $10 is mandatory following sign-up.
- Place a real money wager on any available market.
- It the wager settles as a loss, you will receive the entire amount back in bonus bets — up to $1,500 — within 24 hours of the qualifying bet settling. Regardless of the outcome, you will also receive an additional $50 exclusive Covers BetMGM bonus.
- The bonus is issued as five bonus bets if you wager over $50. If you bet less than $50, you receive one bonus bet of equal value. For example, if you lose a $100 bet, you will receive five $20 bonus bets. Alternatively, If you wager $25 and lose, you will receive one $25 bonus bet.
- Only the winnings earned from each bonus bet can be withdrawn, as the bonus itself is non-redeemable. Each bonus bet expires seven days from issuance.
Visit our unbiased BetMGM Sportsbook promo code review for further insight about one of the best March Madness betting promos for the 2025 tournament.
BetMGM promo pros and cons:
2. FanDuel Tennessee welcome offer
Bet $5, Win $200
FanDuel sits high on our list of the best Tennessee sportsbook bonuses thanks to its promise of $200 in bonus bets.
While you won't have to hunt for a FanDuel promo code, there are accompanying stipulations you’ll want to know how to navigate:
- To claim the offer, new users must complete the registration process via the FanDuel Sportsbook app, one of Tennessee's best sports betting apps.
- After a minimum deposit of at least $5, you must place a $5 wager on any sports market. You will receive $200 in bonus bets if your wager wins.
- You can use bonus funds on any sports betting market.
- FanDuel Tennessee will award your bonus bets within 72 hours of your initial bet settlement. This bonus amount is non-withdrawable and not included in payouts. The offer is valid until April 7, 2025.
The FanDuel Sportsbook app is available for iOS and Android devices. Learn more about its mobile betting feature and more through our FanDuel Sportsbook review.
FanDuel promo pros and cons:
3. Caesars Tennessee welcome offer
Caesars Entertainment has been in the casino and sports gambling game for a long time. Their sportsbook, appropriately named Caesars Sportsbook, is currently offering '10x 100% Profit Boosts’ first bet promotion. You can redeem this sign-up offer through the following Caesars Sportsbook promo code 'COVERSBONUSDYW'.
There are just a few things to know before you register for a new Caesars Sportsbook account:
- New users must provide some form of legal verification to confirm their identity when registering.
- You must deposit at least $10 and wager $1 to qualify for this Caesars Sportsbook promo.
- You'll receive up to a 10x 100% profit boosts, each worth up to $2,500. Each profit boost token has a maximum wager of $25.
- Use the boosts within 14 days, or it will expire. This Covers-verified Caesars Sportsbook promo is valid until April 15, 2025.
Want more details? Find them in our thorough Caesars Sportsbook review.
Caesars promo pros and cons:
4. Fanatics Sportsbook Tennessee welcome offer
If you are new to Fanatics Sportsbook you can register today to earn up to a $100 bonus bet if your wager is unsuccessful. The promo applies to each of your first ten days using the sportsbook, making a total of $1,000 in no sweat bonus bets you could walk away with.
Review the Fanatics Sportsbook welcome offer below:
- No Fanatics Sportsbook promo code is required to claim this offer.
- You must deposit $5 and wager at least $1 on odds of -500 or longer.
- If you wagers lose, Fanatics Sportsbook will match your first bet for your initial 10 days, up to $100. Your bonus bets are issued within 72 hours of each wager settling as a loss.
- If you do not place an eligible bet during any of your first 10 days of betting, you will forfeit your bonus for those days.
- You cannot withdraw the bonus bets, and bonus amounts are not included with winnings earned while using bonus bets. Each bonus expires seven days from issuance.
Read our Fanatics Sportsbook review to learn more.
Fanatics Sportsbook promo pros and cons:
5. bet365 Tennessee welcome offer
bet365 is the newest online sportsbook to hit the Tennessee sports betting scene, and to celebrate, the operator is offering all new Volunteer State bettors an exclusive welcome offer — $150 in bonus bets, win or lose, plus a limited-time March Madness boost. Here's what you need to know about this sports betting promotion: Here's what you need to know about this sports betting promotion:
- Enter the exclusive bet365 Tennessee bonus code 'CVSBONUS' during sign-up.
- Make a minimum deposit of at least $10 following your account creation.
- Place a $5 bet on any market within 30 days of registering your account.
- Bonus expires seven days from issuance. This offer — which also gives you +100 super boosted odds for 'The #2 Tennessee Volunteers to win their first tournament game' — is valid until April 8, 2025, at 6:59 a.m. ET.
We provide additional information about this operator in our bet365 review.
bet365 promo pros and cons:
Latest Tennessee betting news
Most common Tennessee sign-up bonuses
The three most popular sign-up bonuses are risk-free bets, deposit matches, and no deposit bonuses. Sports betting operators use these and a wide range of other bonus types to attract new customers. You can learn all about the most common sportsbook sign-up bonuses including the bet365 Tennessee bonus code via our guide.
Second chance bet
Sometimes called first-bet insurance, second-chance bets are a great way for sports bettors to wager with a reduced fear of losing. Should your first bet lose with this type of promotion in your pocket, the sportsbook will refund the amount wagered up to a predetermined number. Second-chance bets provide good opportunities for you to maximize your winnings by selecting wagers with longer odds.
Deposit match
A deposit match is when a sportsbook agrees to match a new user’s initial deposit with site credit. For example, if you sign up with a sportsbook and make an initial deposit of $500, you will receive $500 in site credit to bet with if the sportsbook’s welcome bonus is a deposit match. Keep in mind that the site credit is typically non-withdrawable and, as such, needs to be wagered before you can take out any funds.
No deposit bonus
A no deposit bonus is when a sportsbook offers currency, often site credit, to be used on bets without requiring you to make an initial real money deposit. This is generally offered during significant events — like the Super Bowl or March Madness — which draw in more sports fans, meaning more casual bettors are likely to participate.
No deposit bonuses may also be offered by new sports betting sites launching in new markets. By gifting bettors a small courtesy bet with no strings attached, sportsbooks can acquire new customers for a relatively low cost.
What online sportsbooks can I use in Tennessee?
There are 13 legal online sports betting sites currently operating in Tennessee, of which the first three were: FanDuel, BetMGM, and DraftKings.
Online sportsbook | Mobile app | Odds provider | Online casino |
---|---|---|---|
Action 24/7 | Yes | Action 24/7 | No |
Bally Bet | Yes | Bet.Works | No |
bet365 | Yes | bet365 | No |
Betly | Yes | IGT | No |
BetMGM | Yes | BetMGM | No |
Caesars | Yes | Caesars | No |
DraftKings | Yes | SBTech | No |
ESPN BET | Yes | PENN | No |
Fanatics Sportsbook | Yes | Amelco | No |
FanDuel | Yes | Flutter | No |
Hard Rock Bet | Yes | GiG | No |
Wagr | Yes | Wagr | No |
ZenSports | Yes | ZenSports | No |
More TN betting resources
Tennessee sportsbook bonus FAQs
The best sportsbook bonus available in Tennessee is the BetMGM bonus code that grants you an 'Exclusive $50 Bonus + $1,500 First Bet Offer' welcome offer.
The Caesars TN sportsbook promo code is COVERSBONUSDYW. With this code, new Caesars Tennessee users can claim 10x 100% profit boosts, each worth up to $2,500.
The top online sportsbooks available to those who live in Tennessee include FanDuel, Caesars Sportsbook, BetMGM, Fanatics Sportsbook, and bet365.
You can claim as many sign-up bonuses as you wish, provided you only do so once with each sportsbook. Creating multiple accounts with the same sportsbook is illegal, and therefore so is claiming multiple sign-up bonuses with the same sportsbook.
Bonus abuse occurs when a single person makes multiple accounts with the same sportsbook to claim numerous sign-up bonuses. Each user is only allowed one account with each sportsbook and one sign-up bonus. Any instance of having more than one account with a sportsbook to obtain several sign-up bonuses can be characterized as bonus abuse.
You need to be at least 21 years old to bet on sports in Tennessee. You must also possess a valid U.S. social security number.

Christian Stringer is a seasoned Betting Editor at Covers, specializing in the North American sports betting and iGaming industries. Since joining in 2022, he has played a key role in managing, editing, and publishing commercial content that informs and engages bettors of all levels.
After graduating from Mount Allison University, Christian had extended stays in Italy and the British Virgin Islands, providing him with a global outlook on all things entertainment.
Prior to Covers, he spent a decade as an award-winning account executive, collaborating with major brands like Rootz, 888, ComeOn!, EastLink, and GG Poker. His expertise extends to onboarding white labels, crafting sportsbook and casino campaigns, and fostering partnerships with gaming providers and affiliates.
Having personally reviewed over 35 sportsbooks and DFS sites, Christian brings a sharp, user-focused perspective to the betting landscape. His passion for sports — including sailing, skiing, basketball, and football — fuels his commitment to delivering insightful, high-quality content. Outside of work, he serves on the board of an amateur athletics club, championing community engagement through sport.