Tennessee gets its first taste of March Madness as a legal sports betting state this month.
Betting on college basketball is slightly different than wagering on NBA games, though. Here’s a list of what can and can’t be wagered on in the Volunteer State.
March Madness betting in Tennessee
This month’s NCAA Tournament is the first major event where five sportsbooks are up and running in Tennessee. Those books are:
Each operator is doling out its own variety of boosts and promos for the big competition.
From free bracket contests to odds boosts to parlay promos, bettors can find countless ways to double down on the excitement and increase potential return.
Plenty of college basketball action to wager on
With all the betting incentives from operators floating around out there, it begs the question: what types of NCAA wagers are actually available to bet on?
Of course, there are the traditional game lines where users can bet on the point spread, total points and money line of each game.
The team futures market is also full of different options for wagering, including:
- Team to make Sweet Sixteen, Elite Eight, or Final Four
- Region winner
- Championship winner
For those that want to get into even more detail, winning conference, winning state, and winning seed are also available markets in Tennessee.
DraftKings offers up novelty props market
When it comes to more novelty props, DraftKings has you covered. From a winning team’s mascot to how many Big East teams will make it to the Round of 32, there’s something for everyone.
Check out some of the novelty props below:
- A team with “Bulldogs” as their mascot reaching the Final Four
- A team with “Tigers” as their mascot to reach the Final Four
- Total Big East teams to advance to the Round of 32
- Total SEC teams to advance to the Round of 32
Unlike some jurisdictions that restrict betting on in-state college teams, Tennessee permits this type of betting.
As a result, Tennesseans can wager on this Friday’s Tennessee Vols Round 1 matchup against Oregon State.
Fans in states like Illinois, Virginia and 11 others, on the other hand, won’t have the same option.
Off limit March Madness wagers
While there are plenty of March Madness betting options available, there are still some markets that are off limits in Tennessee.
Traditional NBA betting allows users to wager on player futures such as:
- Regular Season MVP
- Rookie of the Year
- Defensive Player of the Year
- Sixth Man of the Year
- Most Improved Player
This isn’t the case with college basketball in Tennessee, however.
To preserve the sanctity of college athletics, no individual player prop bets of any kind are permitted.
Additionally, Tennessee sports betting prohibits in-game prop betting on college sporting events.
Which means many of the props markets listed above will have to be wagered on before tipoff.
Keep those restrictions in mind when you go to place your March Madness wagers.
Once bets are placed and brackets are filled, all that’s left to do is sit back and enjoy the game.
