Sports Betting Q&A
Frequently asked questions about sports betting
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Is sports betting legal in Tennessee?

Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.

Legalized sports betting seemed like a long shot until late 2018 and that eventually led to the governor allowing the current bill to pass in 2019. Since it has no casinos, Tennessee is the only state that has online-only sports betting.

Lottery officials approved final rules, regulations and processes in April 2020 and there was a glaring number that stood out. Tennessee is capping payouts at 90% with a 10% minimum hold rule, which is higher than the national average of 6.8% following the repeal of PASPA. This hold worsens odds for bettors, which could in turn hurt the state's chances of succeeding with legalizing sports betting. If things don't go to plan, the state can go over the rules and regulations in a year and adjust as needed.

As of April, the state lottery still has to grant licenses for companies (DraftKings, FanDuel, etc.) to run online sportsbooks in the state.

Because Tennessee is set to be the first with online-only sports betting, it can't base its system off a different state's framework, which is partly why this has become a process.

Daily Fantasy Sports were legalized after passing a bill in 2016, and it includes some of the usual regulations for fantasy sports like deposit limits, identity verification and annual audits. 

Tennessee also has a bill for office pools, which states the max entry can't be greater than $25 and total prize pools are no greater than $1,000. The state allows horse racing betting, though that can only be done online.

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More Questions To Read
Can you bet on sports with Venmo?
No, not legally. Most legal sportsbooks around the country won't allow you to make bets with Venmo.
Which states in US have legal sports betting?
As of 2020, there are 21 states (and Washington D.C.) that have legalized sports betting.
Can you bet on sports online?
Yes. But while betting on sports is legal in almost half the states in the country, not all of them allow online wagering.
When was sports betting legalized?
Sports betting was allowed to be legalized at a state level in 2018 after PASPA was struck down.
When will sports betting be legal in Indiana?
Sports betting in Indiana was legalized September 2019 and online gambling launched a few months later.
Is sports betting legal in Indiana?
Yes. Indiana passed a bill to allow sports betting in 2019 and wagering started in October with online betting opening a couple months later.
When will sports betting be legal in Michigan?
Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020.
Is sports betting legal in Michigan?
Yes. Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened in March 2020.
Is sports betting legal in Virginia?
Yes. Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021.
When will sports betting be legal in Virginia?
Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021.
When will sports betting be legal in South Dakota?
Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November 2020 election, which means it's on its way.
Is sports betting legal in South Dakota?
No. Sports betting is not legal in South Dakota, but residents passed a bill initiative in the 2020 election.
Is sports betting legal in North Carolina?
Yes. Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021.
When will sports betting be legal in North Carolina?
Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021.
When will sports betting be legal in Tennessee?
Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.
Is sports betting legal in Maryland?
No. Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election.
When will sports betting be legal in Maryland?
No. Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election.
Is sports betting legal in Louisiana?
No. Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years.
When will sports betting be legal in Louisiana?
Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years.
When will sports betting be legal in Iowa?
Iowa legalized sports betting in May 2019, becoming the 11th state to do so.
Is sports betting legal in Iowa?
Yes. Iowa legalized sports betting in 2019, becoming the 11th state to pass a bill.
When will sports betting be legal in Illinois?
Illinois passed sports betting legislature June 2019 and launched at physical sportsbooks March 2020, becoming the 15th state to offer wagering.
Is sports betting legal in Illinois?
Yes. Illinois passed sports betting legislature in 2019 and launched at physical sportsbooks in March 2020.
When will sports betting be legal in Colorado?
Colorado legalized in-person and mobile sports betting November 2019 after a bill was signed by the governor and then approved by voters.
Is sports betting legal in Colorado?
Yes. Colorado legalized in-person and mobile sports betting in November 2019.