Being able to bet from your cell phone opens up a lot of possibilities when it comes to sports betting. You won’t need to travel to a sportsbook or spend time in front of a desktop computer. Best of all, you can take advantage of new technology that allows you to bet while games are underway.
With sports betting coming to Tennessee soon, let’s take a comprehensive look at what to expect from mobile sports betting apps.
Legal changes: Sports betting apps are coming to Tennessee
The refusal of Tennessee Gov. Bill Lee to sign bill H1 into law was symbolic only. He already knew that without an explicit veto, the bill would pass.
This law subsequently laid out a framework and taxation schedule for sports betting online. Some concerns still remain about the proposed regulations in the state, although we expect that bigger brands will apply for licenses.
To get an idea of the brands which might apply for Tennessee licenses, let’s look at the states that have already regulated online sports betting. New Jersey has several major brands already live, and Pennsylvania is close behind.
In those states, we can see a mix of international giants and domestic brands. Here are some of the possible entrants to the regulated Tennessee sports betting market:
- FOX Bet: This is a joint venture between The Stars Group and FOX Sports.
- FanDuel: Better known for its daily fantasy sports contests, FanDuel already has full sportsbooks in other states.
- Bet365: The biggest worldwide sports betting brand is slowly coming into the United States.
- 888: This European brand partners with local casinos in NJ and PA.
There will also potentially be new operators in the Volunteer State too. The state does not require a partnership with an existing casino, racetrack, or sportsbook brand. With that in mind, new players that meet the licensing requirements and are able to pay the licensing fee could join the fray as well.
Key features of sports betting mobile apps
While each app is slightly different, they will all include account and cashier functionality. This means you can register and deposit via the app. They also contain pages on current bonuses, loyalty scheme info, and promotions.
Here is what to expect:
- Registration: You’ll be able to register directly in the apps and manage your account information. No separate desktop login is needed.
- Cashier: The cashier is where you can check your balance and deposit and withdraw money from the app.
- Promotions: This page is where you will find special offers, standing promotions and things like enhanced odds or parlay insurance.
- Bet slip: Selecting bets from the list of matches will add them to your bet slip. You then access this separately to combine your bets or set the amounts you wish to wager.
- Live betting: This area will show current matches, with the odds changing in real-time based on the on-field action. The matches that are available will depend on which apps accept data from pro-league sources.
What sports can you bet on in Tennessee?
When it goes live, expect Tennessee to offer the same sports offerings as most other states. Here is a list of the sports to expect on Tennessee sportsbook apps:
- NFL and college football
- NBA, Euro League, and college basketball
- Soccer (MLS, European, and International)
- Golf (PGA and Masters)
- Boxing, UFC, and MMA
These options are only the tip of the iceberg, with plenty of niche sports and events popular in numerous other countries likely featured.
Do expect some limitations when it comes to betting on college sports. The state explicitly banned in-game betting on collegiate sports. Additionally, there are no prop bets on individual players, nor are there betting on possible injuries.
What kind of bets can you place via TN sports betting apps?
Many sports have specific bets; for example, yards rushed in football or period betting in hockey. There are also standard single and multiple bets that cover many sports and, of course, player props and season-long bets that vary by league.
Singles bets involve moneyline (straight bets), totals, and spreads (where the books add points to the underdog to even the score).
You can bet on multiple matches with parlays, teasers (multiples with flexible spreads) or round robins (where every team plays the others).
Popular props include the first player to score, period betting and sport-specifics, like the odd or even in basketball or Grand Salami bets in baseball.
What to look for in Tennessee sportsbook app bonus offers
In other states, the launch of sports betting comes with a big marketing push. The brands incentivize customers with a mix of offers that include:
- Free bets (no deposit)
- Matched deposit bonus
- Risk-free first bet
Look out for loyalty programs that reward regular bets. These take different formats: free bets, points you can exchange for bonuses, and VIP tiers are all popular.
Sports betting brings a lot of opportunities to run promotions on major events. It is worth checking all the brands in the run-up to the playoffs or the Super Bowl, for example.
You’ll find popular offers such as best odds guarantees, overtime insurance or parlay returns boosts
Cashier functions: Making deposits at sports betting apps in Tennessee
When the apps arrive, the big advantages of legal sports betting will become clear via the banking options.
Regular payment options, which are the same as you’d use to make any purchase online, become available. These methods keep things safe and simple for bettors.
There are many simple sportsbook deposit methods to balance this out. Here is the list of all available options in other states, and TN deposit methods should include:
- Prepaid cards: In other states, casinos and sportsbooks sometimes have branded prepaid cards that you can use for deposits and withdrawals.
- PayPal: This popular service does charge for some transactions. For many people, the small cost is worth it for the extra security.
- Skrill or Neteller: These are similar to PayPal, and are popular internationally among users of gambling sites.
- E-check bank transfers: This is sometimes called ACH transfer. You transfer from your bank, in the same format as an old paper check. If you get verified, this can be instant for both deposits and withdrawals.
- Bill pay: Another banking option, which works with most major banks. Here, you are depositing at a sportsbook using the same process for paying utility bills.
- Bank wires: This works well for larger amounts, though the banks charge high fees, which makes wires a bad deal for smaller deposits.
- Cash: While the casino cage option might not be available, you could still use PayNearMe at your local 7-Eleven store.
- Money orders: This old-school payment option is slow, although it is secure.
The big question mark on deposit methods for TN sports betting apps is credit cards. The law and regulations are currently worded that only cash-based transactions are allowed as deposit methods. That seems to indicate credit cards will not be a deposit option for Tennessee bettors.