Free TN Bets: Online Bonuses and Promo Codes from Sportsbooks
The fact that appealing free TN bets and bonuses are available in any online sportsbook Tennessee has operating now will probably come as a surprise to many who don’t actually live in the Volunteer State. There are no casinos of any kind in the state, nor are there any retail sportsbooks. However, in November 2020 the state saw the launch of its first online sportsbook, and there are now several in operation for sports bettors to choose from.
Because online casinos and online poker rooms are not legal in Tennessee, in this article we will focus on telling you all about the various sportsbook free bets and bonuses that you can currently enjoy. Not only will we define the various bonuses that can be found, we will also tell you exactly what to expect from them. If that sounds good then let’s get started!
Although it hasn't been long since online sportsbooks launched in Tennessee, there are already several big names up and running and it makes the sports betting in USA even more attractive. Even better, all of them offer free bets or bonuses of some kind. Those of you who are new to betting online might be wondering why we and other seasoned bettors get so excited about that kind of thing. If so, just consider the following:
TN free bets give you the opportunity to place a wager and have the sportsbook pay for it. If your bet wins, as we all hope it will, you get to keep any profits made in the process. If it loses, well, that's bad luck, but at least it won't have cost you a cent of your own cash.
TN risk-free bets allow you to make a bet with your own money and get your stake back if that wager loses, up to a certain stated limit. The lost stake will usually be refunded as betting credits instead of cash, but at least you'll be able to continue betting without breaking stride.
TN deposit bonuses will give you more betting capability for your money. Make a deposit and the sportsbook will give you a sum of bonus betting credits as a thank you for doing so.
We'll talk more about the various bonus types later, but for now it's enough to understand that free bets and bonuses are always worth taking note of, because they can all give you more to bet with.
Here are the current free bets and bonuses that you can get in Tennessee.
BetMGM is a big sportsbook in most states where online sports betting is legal, and it is looking to establish itself as a key player in the Volunteer State too. One of the few sportsbooks to offer a loyalty program, BetMGM Tennessee will reward you for choosing it by giving you a risk-free bet of up to $1,000. HOWTOBETMGM is the BetMGM bonus code Tennessee players need.
Bringing you all the excitement of Vegas and more betting markets than you're ever likely to need, Caesars Tennessee also has a fantastic offer for new members. Sign up here and you can make your first bet of up to $5,000 risk free. Let that sink in for a moment or two and be sure to make the most of what is currently the biggest offer around.
DraftKings is a big name in the US sports betting industry, and it also has a big welcome waiting for anyone who cares to take advantage of it. With a new account, all customers can qualify for a deposit bonus of 20%, up to $1,000. Also expect plenty of free bets and promotional offers.
DraftKings and FanDuel are popular rivals, so it's no surprise to see FanDuel Tennessee also offering a very attractive welcome bonus. Sign up for a new account here and when you place your first wager it will enjoy risk-free status, with your stake covered up to a maximum of $1,000. No FanDuel Tennessee promo code is required.
WynnBET is making its way across the country, and it arrived in Tennessee in 2021. It offers its new customers a risk-free bet of up to $500, and while that isn't the biggest offer in the state, it's still well worth taking advantage of. Deposit at least $20 here and the first wager you place (up to $500) will become your risk-free bet.
The specific thing about the Action 24/7 betting company is the fact that it’s Tennessee owned and operated. Earlier in 2021, the TELC suspended the license of this sportsbook, but it won a temporary injunction and continued to operate. At the moment, the company is doing fine and you can get an appealing $800 deposit match if you are a new customer making your first Action 24/7 bet.
Action 24/7 Tennessee Review
Action 24/7 Promo Code Tennessee
Why Operators Give Free Bets and Bonuses
The question of why operators give free bets and bonuses often comes up, especially when new sports bettors realise just how much is available. While it might seem counterintuitive that a sportsbook would be keen to give money away, there are some very good reasons for them doing so.
The first of those reasons is that offering bonuses is a great marketing move. All sportsbooks like to get new customers, and being able to shout about free bets and bonuses that are potentially worth hundreds or thousands of dollars makes them very appealing to anyone looking for a new betting home. After all, would you rather sign up with a sportsbook that offers no bonus of any description, or one that will give you a risk-free bet of up to $500?
Another reason why sportsbooks offer free bets and bonuses is because it has now become the industry norm. In other words, virtually everyone is already doing it, so if an operator wants to remain competitive, it needs to do something similar. It's this sense of competition that also causes bonuses to get increasingly generous over time, so don't be surprised if even more 'free money' becomes available in the months and years ahead.
Tennessee Online Casino Bonus Types and How They Work
Once upon a time there were only one or two types of bonuses that you could get from an online sportsbook. Today, however, there are plenty, and operators are constantly dreaming up new ones to tantalize their potential customers. Here are the main bonuses that you can expect to encounter most often in the state of Tennessee, along with a few details on how they work.
Free Tennessee Bets
Perhaps the simplest of all bonuses in Tennessee is the free bet. It is given as a reward for doing something relatively easy, such as signing up for a new account, and so it won't usually be worth more than $20 or so. The good news is that a free bet gives you the chance to win real money without spending a single cent of your own, so if you're offered a free bet, there's nothing to lose by taking it. Note that if your free bet wins, you'll only get to keep the profit that is generated by the wager, and not the stake that was used for the bet itself.
Risk-Free Tennessee Bets
Risk-free bets are currently the most popular around, as they can be worth far more than the simple free bets mentioned a moment ago. As you've seen, there are sportsbooks in Tennessee offering risk-free bets of as much as $1,000 and even $5,000, so what's the catch?
Well, there's no catch, as such, but you'll need to fund your risk-free bet yourself using your own money. You'll have to sign up, make a deposit and then place a wager (up to the stated maximum) on the event of your choice or as permitted by the risk-free bet terms and conditions.
If the bet wins then your stake will be returned and the profit added to your account, as usual. In that case, no bonus will be needed. But if your first wager loses, your stake will be refunded by the sportsbook and awarded in the form of free bet credits that you can use for future bets.
Any bonus that you get by signing up for an account with a sportsbook is a sign-up bonus. These tend to be free bets, as discussed earlier, but other bonuses could also be given as an incentive to register your details. You shouldn't expect sign-up bonuses to be worth an excessive amount, but given how easy they are to claim – and that you can claim them from several sportsbooks – they can be well worth picking up.
While a sign-up bonus is designed to encourage you to register for an account with a sportsbook, a deposit bonus exists to reward you for making a deposit. These deposit bonuses can be given to established bettors at a sportsbook, but the biggest ones are most often given to reward your very first money installment in the account.
A deposit bonus will be described in percentage terms, and a maximum limit will be stated. For example, '100% first deposit bonus, up to $500' means that the sportsbook will give you just as much bonus money as you deposit yourself, up to a maximum of $500.
No Deposit Bonus
No deposit bonuses are an incentive that is often used by online gambling sites to attract you to their venues and to make you stay. The best thing about them is that you won’t need to deposit any of your own money in order to participate in different bets and games. So yes, everyone’s a winner here really.
Bet & Get Bonus
The Bet & Get bonus is relatively new, but it is becoming very popular. Here you need to place a wager (and possibly achieve a winning result) in order to get a bonus for doing so.
For example, if the offer is simply 'Bet $20 and Get $100', then making a bet of $20 or more will get you the promised $100 in bonus credits. However, a more conditional offer which says, 'Make a winning NBA bet of $20 and Get $200' would mean that you not only have to make a bet, but that you have to do so on the NBA and it will have to win for the bonus sum to be awarded.
An odds boost is something that a sportsbook will offer to encourage betting in a particular market, or in a particular way. It works by promising to boost the odds at which your bet is settled if it succeeds. For example, a '25% Parlay Boost' would increase your payout by 25% if you make a qualifying parlay bet and it wins. Another odds boost might give you enhanced odds about a particular event, such as who will win the Super Bowl.
You probably won't want to wager on an event just because an odds boost is available. However, if you want to bet on the featured event anyway, an odds boost is well worth taking advantage of.
Refund and Bonus Back offers are another way for sportsbooks to encourage participation in a featured event or to make a certain kind of bet. Here you will be told that if you place a wager and it loses, but it also achieves a certain outcome in the process, your stake will be refunded. In the case of a Bonus Back offer, the refund will be in the form of bonus credits rather than cash.
For example, you might be offered a refund (either full or partial) if you make a parlay bet of four or more legs, and only one of them lets you down. Or you could be offered your money back from a soccer bet, if your chosen team scores first and leads at half time, but doesn't go on to win the game overall.
VIP/ Loyalty Programs
An online sportsbook loyalty program works in much the same way as any other. Points will be awarded to you for betting, and the number of points will depend on how much you bet. All of your points are saved, so if you bet regularly with the same sportsbook, you can accumulate quite a few over the course of a few weeks or months.
The points that you earn by being loyal to the sportsbook (which means using it regularly) can eventually be used to buy yourself a reward of some kind, such as a bonus deal or free bet credit. The more valuable the reward, the more points you will need to collect for it.
When you've found a sportsbook that you love, you'll probably want to tell your friends about it. The refer-a-friend bonus will reward you for doing exactly that. Simply give someone a link to the sportsbook (or possibly a promo code) and when they sign up and start betting, you'll receive a bonus for helping the sportsbook to get a new customer. Most operators will also give an added bonus to your friend, too, which makes things win-win for all concerned.
Who Can Claim Free Tennessee Bets and Bonuses
At the moment there are no legit and licensed online casinos in the Volunteer State. As for online sportsbooks, not everyone in Tennessee is legally allowed to bet, and the rules about where and when one can bet are as strict as they are anywhere else. That means you will only be able to claim free TN bets and bonuses if you are legally allowed to wager according to the following rules:
You must be 21 or older.
You may only bet with a sportsbook that is licensed to operate in Tennessee.
You may only bet with a TN sportsbook when you are within state lines.
As you can see, there is nothing here to prevent the majority of adults in Tennessee from claiming free bets and bonuses. You should also note that there is no limit on the number of sportsbooks that you are allowed to join, so you could potentially sign up and grab a bonus from each of them.
Free Tennessee Bets & Bonus Codes
Where can I find Tennessee free bets and bonus codes?
Right here at HowToBet! You could check out all of the legal sportsbooks for yourself, but we do that anyway so that we can highlight all of the current deals on this page. Bookmark us and come back regularly to see what’s new.
Are Tennessee bonus codes the same as in other states?
Sometimes. A few promo codes can be used with the same sportsbook in different states, but it’s always worth checking beforehand, as many states will have their own local codes.
Do I always need a promo code to claim free bets and bonuses?
Not always, no. Some sportsbooks will award their free bets or bonuses automatically just as soon as you have signed up or made a deposit. Check whether or not this is the case by referring to the bonus terms and conditions.
Can I use my free bets to bet on college sports in Tennessee?
Yes. While some states don’t allow betting on local college athletics, Tennessee does, with the exception of in-play wagering on college sports. As long as the terms and conditions don’t prevent you from doing so, all free bets and bonuses can be used on college sports taking place in the state with local teams.
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