By Sports Betting
The state of Tennessee has legalized online sports betting, and the legal sportsbooks in the state are available in eight different apps. The state has no casinos, and all bets are placed online. But, you can find the sportsbooks that accept your money in the mobile app. Listed below are some of the options available to bettors in Tennessee. This state is home to some of the biggest sporting events in the world, including the NFL, college basketball, and baseball.
Although Tennessee does not have casinos or retail bookmakers, the state has legalized sports betting on desktop and mobile devices. While gambling in Tennessee is illegal, the law does allow bettors to place bets on college sports, or any other sporting organization. While a Tennessee license isn’t required to be physically located in the state, there are certain restrictions. For example, if you’re in another state and are not a resident of Tennessee, you can’t bet on a sports event in that country.
The bill that legalized sports betting in Tennessee was passed by default on May 24. The bill allows people over 21 to place bets on sports events, but college sports aren’t legal for betting. It also prohibits prop bets. However, the legal sports betting in Tennessee will allow all kinds of wagers. Three of the state’s four major professional teams have formed official partnerships with top sportsbooks in the state. These official partnerships will mean enhanced odds for their hometown teams.
Sports Betting in Tennessee
The state began the regulatory ramp up for legal sports betting in Tennessee in the late summer of 2020. In September, temporary licenses were issued, and the first sportsbooks opened in the state on November 1, 2020. The state’s sportsbook industry was regulated in another state, but Tennessee did not have a brick-and-mortar casino. Instead, it regulates the industry through apps and websites. While the state may be behind other states, the new regulation will still be beneficial for bettors in the long run.
Moreover, sports betting in Tennessee is legal. The state has enacted a bill that permits in-play betting on games currently in progress. This legislation enables the sportsbooks to offer live betting on games that are already underway. While in-game betting is possible in Tennessee, the lines will adjust automatically as the game is played. It is important to know that in-play betting is not legal in all places, so be careful when placing bets.
While the state is not required to have a land-based casino, it has made strides to legalize sports betting in the state. Unlike other states, Tennessee’s legal sports betting will be available in both online and land-based sportsbooks. There are no restrictions on the types of bets available and the laws are expected to be implemented in full on November 1, 2020. While the Tennessee lottery does not allow sports gambling, it does allow the lottery to offer online betting.