Fanduel Sportsbook Rules
Tennessee-based bettors finally have a reason to smile seeing as sports betting is finally in the state! In Tennessee, sports wagering was made legal in 2019 during spring; 30th April 2019 saw approval of the sports betting bill by the Tennessee Legislature. Online sports betting was launched in November 2020, and 4 sportsbooks were approved. However, only three of these, including FanDuel, BetMGM and DraftKings launched. Our read today will provide insight into all matters Sports Betting Tennessee!
- Fanduel Sportsbook Baseball Rules
- Fanduel Sportsbook Withdrawal Rules
- Fanduel Sportsbook Teaser Rules
- Fanduel Sportsbook Parlay Rules
- Fanduel Sportsbook Indiana
Selection of online sports betting Apps in Tennessee:
Tennessee Sports Betting Rules
- House Rules All sports wagering events and bets described in the House Rules (“House Rules”) for the FanDuel Sportsbook at MotorCity Casino (the “Sportsbook”) are subject to approval of the Michigan Gaming Control Board (“MGCB”).
- The FanDuel Sportsbook Rules and Regulations ('Sportsbook House Rules') are part of the FanDuel Sportsbook Terms & Conditions. The Sportsbook House Rules apply in relation to the markets offered and bets placed on the FanDuel Sportsbook Website and the FanDuel Sportsbook Betting Apps.
FanDuel Sportsbook; Deposits & Withdrawals Deposits & Withdrawals. Depositing and withdrawing funds. Why Was My PayPal Deposit Declined? Why Was My Card.
When it comes to Sports betting in the state of Tennessee, things feel different when compared to other states. There are no regular brick and mortar sportsbooks here, only online and mobile sports betting. The body in charge of regulating online sports betting here is the Tennessee Education Lottery Corp, under the Tennessee Sports Gaming Act.
For mobile sports betting licensing in Tennessee, there are zero restrictions as to who can apply. The charge involved with licensing amounts to $750,000. This price is slightly on the higher end, something which has elicited debates, alongside the 85% sportsbook cap payouts required by the law. The industry’s hold averages at 5%, which means that Tennessee’s percentage hold is three times more!
For live sports betting, Tennessee requires that ‘official league data’ is used. The tax rate is also relatively high, standing at 20%. There is no sports betting cap applicable on sports wagering licensing in the state. Bettors are required to be at least 21 years of age in order to wager. An additional restriction is on betting on collegiate events as well as in-lay bets.
Fanduel Sportsbook Baseball Rules
How to Bet on Sports in Tennessee
In order to place a wager, players are required to be within state lines. If you are a non-resident in the state or using your mobile to bet, be sure to verify your location. The only thing you will need to get started is good internet connection.
Estimated time needed to register and fund account: 3 minutes.
Below are the few steps to follow to place your bet in Tennessee:
- Pick your preferred Sports Betting App
The state boasts 4 approved sportsbooks; DraftKings, Action 24/7, BetMGM and FanDuel. Action 24/7 is only based in Tennessee; as such, only residents from the state are experienced on using the platform.
- Register/ Create an account
Upon making a decision on the sportsbook you’d like to bet on, visit their site or download their app. Ensure that the device you will be using has the geo-location feature, or use WIFI connection. This way, the sportsbook can verify that you are indeed in Tennessee. To create an account, you will need to provide your physical address, email address, full name, social security number and date of birth.
The sportsbook will subsequently confirm your details regarding age, location and identity. Be sure to make use of promo codes as they come with tons of incentives including game boosts, bonuses, or risk free bets. Sometimes, no promo code is needed; as such, the bonuses get applied to bettors’ accounts automatically. - Make your initial deposit
Sportsbooks in Tennessee are flexible in their payment methods, accepting online pay bill modes, PayPal, Debit Card, Credit Card or even direct bank deposits. Upon successful account registration, making a deposit should be straightforward and seamless.
- Get betting
After registering and successfully making your starting deposit, the next thing is betting. Each of the available sportsbooks in Tennessee has its unique set of sports and betting options. To ensure that players do not get overwhelmed, the sportsbooks feature a filtering option, where bettors can sort out the sports and bet types.
Leading Sports Books in the State of Tennessee
While there are only three sportsbooks that have gone live in Tennessee, it is expected that two more will eventually launch, including PointsBet and BetMGM. In this section, we will have a look at BetMGM, FanDuel and DraftKings. Tennessee is among the US top twenty states when it comes to betting volumes. The sportsbooks below are all three-point verified, which means that they are all licensed, legal and safe to place your bets on.
FanDuel Sportsbook
FanDuel Tennessee is with no doubt a crowd favorite, expected to be among the three leading sportsbooks that will be launching in the state of Tennessee in November 2020. The sportsbooks operate as a Daily Fantasy entity in Tennessee. As soon as the sportsbook option goes live, players will be in a position to link their sportsbooks accounts to their DFS accounts, seeing to it that their fantasy and betting needs will all be in one account.
BetMGM Sportsbook
BetMGM Tennessee, is an MGM online platform. Over the years, the firm has been aggressive in expanding their online niche, reaching new clientele base all over the US. 1st November 2020 saw the sportsbook launch in Tennessee, being one of only three other online sportsbooks in the market. Being the official and exclusive partner of Tennessee Titans, BetMGM boasts an initial sign-up bonus amounting to $500. To add onto this, the company offers existing clients weekly promotions. The platform has amazing odds that are all in line with competition.
DraftKings Sportsbook
DraftKings is known across the US as the most popular App in all states where online sports betting is legal. In the state of Tennessee, the App DraftKings launched on 1st November 2020. One thing that you will note is that both their site and mobile App are extremely easy to use. DraftKings allows for players to connect their DFS and SportsBook accounts, which makes it so much easier, as all the information can be found in a single account. your dDraftKings’ cashier account merges to one, making it so easy to switch between products all so easily. From reviews, this right here is the most highly rated sportsbook app in the industry.
Mobile Apps Expected to launch in 2021 for Tennessee sports betting
William Hill
William Hill is with no doubt one of the biggest sportsbooks not only in the US, but also globally. However, they do not live in Tennessee at the moment, and there is no tentative date as to when they are expected to move into the state. According to most experts, it would be a smart strategy on William Hill’s part to get in on Tennessee’s sports betting actions sooner rather than later. The company remains an online sports wagering staple, boasting one of the industry’s leading websites.
PointsBet
PointsBet is a new and fresh entrant into the online sports betting scene. It not only features ordinary odds such as spreads and money lines, but also unique features including its legendary PointsBetting system. This feature allows for bettors’ payouts to swing up or down drastically, all dependent on the game’s outcome. However, PointsBet is yet to get operational in the state of Tennessee, and there is no certain timeline within which they are expected to launch.
Available Sports that Players can Wager on in Tennessee
Each of the sportsbooks that are available in Tennessee have a wide array of sports that gamers can wager on, including American-based professional sports such as MLB, NFL, NHL, MLS and NBA. In addition to American sports, these platforms offer numerous sports from across the globe, including UFC fights, the PGA tour, the English Premier League and so much more. One unique thing with Tennessee Sports Betting is that college sports betting is legal, with college football taking up a huge chunk of the betting market.
Betting Options
Team Futures
Team futures betting option entails betting on teams. However, instead of wagering on just a single game, players are required to bet, predicting that the team will meet a given condition. A great example of this is win totals; here, one can predict that the St. Louis Cardinals could end up having an 88.5 win total during the next season. Bettors can then place a wager on an over or under of that particular win total. Championships are another common team futures betting example, requiring for players to make a prediction on which team will end up taking the World Series, NBA, World Series, Stanley Cup, and Super Bowl championships. These predictions can be made at any time during the playoffs, the pre-season or even in the middle of the season.
Prop Bets
Prop bets involve wagering on players or teams achieving something in a given game. These options appear in an array of varieties. The most common bet type here is wagering on how the first score will go down or what team will score first. Players can also place their bets on the player they think will earn the first goal, run or touchdown.
Each game features lots of prop bets dependent on the array of various statistics that given sports have on offer. In American Football for instance, common prop bets include total TDs, Yardage totals, total 1st downs and many more. When it comes to baseball, usual prop bets are on home-runs hit, suns scored, total thrown strikeouts and more.
In-Play/ Live Betting
Live betting involves wagering on a game or event while it is getting played. For example, in an NFL gaming event, players can see money lines and spreads fluctuate, as the game is being played out. Here, players can make the bets as the game goes on. The beauty with this is not only in the thrill, but also on the fact that bettors can enjoy very lucrative odds during the game. In most cases, live betting is usually on its own special category or tab, so be sure to check it out upon login in.
Parlays and Teasers
A parlay is generally a multi-tier form of bet. Here, you can make several bets under one bet. As an example, a bettor can place three different spreads on three separate NFL games, tying all the bets together into one. In order for you to get the payouts in a parlay, all the bets need to be successful. While this might be relatively hard to accomplish, it is a betting option that promises quite some profitable odds and lucrative rewards.
FAQ
Is sports betting legally authorized in Tennessee?Yes it is. Players in Tennessee have the luxury of indulging in online sports wagering. 30th April 2019 saw the state legislature in Tennessee vote for approval of the sports betting bill. Interestingly, this bill became lawful without having Bill Lee, the state’s governor’s signature. 1st November 2020 then saw three sportsbooks successfully launch their Apps.
Are there any more sportsbooks that have been proposed for Tennessee sports betting?Yes! In addition to the four sportsbooks that were officially launched, there are a dozen more estimated to launch, having pending applications that are almost concluding with final approval. Before the end of the year, Action 24/7 is expected to debut its online and mobile sports betting app.
Will in-play betting be available on the Tennessee sportsbooks Apps?Absolutely! Live betting is a new way of betting that has really grown in prevalence among many sportsbooks. However, in Tennessee, the Sports Wagering Advisory Council is usually in charge of in-play wagering approval. Any in-play prop bet is required to buy the live betting data from an authorized league data source in order to post their available live betting prop bets.
What is the lawful betting age in the state of Tennessee?While there are some states that allow for legal sports betting for individuals aged 18 and above, in Tennessee, players should be 21 and above in order to indulge in sports wagering.
Is it legal to wager on college games?Interestingly, Tennessee allows for college game wagering.
Does Tennessee have any retail sportsbook locations?Not at the moment. There is no lawful framework in the state of Tennessee that provides for physical or rather conventional brick-and mortar entities. There are only mobile and online sportsbooks in the state.
BettingBuck does NOT have a marketing relationship with any of the products or services listed on this page.After testing over 30 online sportsbooks for our 2020 review, here are our top findings on FanDuel Sportsbook:
- Odds: FanDuel offers competitive odds, especially for NFL and NBA moneyline bets.
- Sportsbook Legality: Legal in the U.S.
- Available Online in the Following States: New Jersey, Pennsylvania, Indiana, and West Virginia. The Daily Fantasy Sports app is available in over 40 states.
- Casino Games: Hundreds of casino games are available through the Betfair casino.
- Poker: Not available
- Best in Class (Top 5) Finishes: Bets Offered, Live Betting, and Banking Options and Fees
- Weaknesses: Limited sports (13) compared to competitors, education could be improved
Overall Summary
Feature | FanDuel Sportsbook |
---|---|
Overall | 5 Stars |
Sports & Bets Offered | 4.5 Stars |
Odds | 4 Stars |
Live Betting | 5 Stars |
Mobile Betting | 4.5 Stars |
Bonuses & Promotions | 0 Stars |
Education | 3.5 Stars |
Ease of Use | 4.5 Stars |
Is FanDuel Safe?
FanDuel is considered low-risk, with an overall Trust Score of 98 of 99. FanDuel is a legal online sportsbook available to anyone in New Jersey, West Virginia, Indiana, and Pennsylvania state lines. Trust Score is determined by a number of factors, such as years in business, legal status, and global footprint, amongst others.
Bets Offered
Overview: FanDuel Sportsbook offers over 100 bets on NFL and NBA games, and over 50 bets on NHL and soccer games. Popular bet types include spreads, moneylines, totals, parlays, round-robins, futures, props, and live bets.
Props: FanDuel offers an array of team and player props. Bettors can wager on whether LeBron James will score over or under 26 points on a given night, as well as how many field goals will be made during an NFL game. There are enough props to keep bettors satisfied no matter what sports are in season.
Bet-Back Feature: FanDuel's cash-out feature allows you to amend your original bet, allowing you to lock in a profit or loss. Bettors can settle their bet (or a portion of their bet) early, without having to wait for the event to finish.
Odds Boosts: FanDuel offers bettors a daily odds boost on a few select bets each day. Odds boosts act like a sale at a retail store, offering more incentive to make each bet. For example, FanDuel discounted the odds of Michael Thomas scoring a touchdown in week 11 from -180 to -120.
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Banking Options and Fees
FanDuel offers excellent banking options overall, with $10 minimum deposits and withdrawals for most methods.
Deposit Methods: FanDuel allows players to deposit money with a BetFair/FanDuel prepaid card, debit/credit card, PayPal, ACH (e-check), Online Bank Transfer, PayNearMe, and check.
Withdrawal Methods: Bettors can withdraw money via ACH (e-check), PayPal, check, cash at the casino, and a FanDuel prepaid card.
Sports Offered
FanDuel currently offers 13 sports, which is fewer than other sports betting companies such as SugarHouse and 888sport.
Feature | FanDuel Sportsbook |
---|---|
Total Sports Offered | 13 |
Aussie Rules (AFL) | Yes |
Baseball (MLB) | Yes |
Basketball (NBA) | Yes |
Basketball (NCAA) | Yes |
Boxing | Yes |
Cricket | No |
E-Sports | No |
Football (NFL) | Yes |
Football (NCAA) | Yes |
Golf (PGA) | Yes |
Hockey (NHL) | Yes |
Horse Racing | No |
MMA (UFC) | Yes |
Rugby (League) | No |
Rugby (Union) | Yes |
Soccer (EPL) | Yes |
Soccer (MLS) | Yes |
Tennis | Yes |
Sports & Bets Offered | 4.5 Stars |
Odds
The odds data below was gathered over the course of several months and contained over 10,000 data points. Data from 21 total sportsbooks were collected for NBA, Soccer, and NHL games, 17 for NFL games, 18 for NCAA games, and 16 for MLB games.
Feature | FanDuel Sportsbook |
---|---|
NFL Moneyline | Best |
NBA Moneyline | Worst |
NCAAF Moneyline | Below Average |
Soccer Moneyline | Above Average |
MLB Moneyline | Average |
NHL Moneyline | Worst |
NHL Spread | Above Average |
MLB Spread | Above Average |
NBA Spread | Average |
NCAAF Spread | Average |
NFL Spread | Average |
Odds | 4 Stars |
Fanduel Sportsbook Withdrawal Rules
Live Betting
FanDuel's live betting experience is fantastic. FanDuel is one of the only sportsbooks that allow you to stream games live from its app. Right now, select soccer and tennis games are available.
FanDuel offers live prop bets such as Over/Under total yards - Kirk Cousins. You can bet pitch-by-pitch for baseball games, as well as drive-by-drive for NFL games. With 5G rolling out soon, live betting will only get better. FanDuel uses a live match tracker to display what team is attacking, as well as in-game statistics. Live betting at FanDuel is an all-around win.
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Customer Service
FanDuel offers 24/7 live chat and email support, as well as telephone support from 10:00, am to 8:00 pm. Customer service is generally useful and informative.
FanDuel Sportsbook App
The FanDuel Sportsbook App is one of the better apps available for sports betting. Not all customer support and educational pages are completely transferred over from the FanDuel website, sometimes causing the app to enter FanDuel's pages online. Aside from that, FanDuel offers players a well-rounded mobile experience. I had no issues navigating to different sports and bets, and lines updated quickly when I selected new games.
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Education
Fanduel Sportsbook Teaser Rules
Education: FanDuel's education section is a small blemish on an otherwise shiny product. FanDuel explains different bet types, as well as what bets are available for each league. Examples of bet types are not given, making it challenging for first-time bettors to learn how to bet.
The Duel: The Duel is an extension of the FanDuel website that covers daily fantasy sports and sports betting. TheDuel provides users advice, injury reports, and articles on both DFS and sports betting. The Duel is a unique offering, but accessing it is not as easy as it could be.
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Reputation
Paddy Power Betfair is well established and respected in Europe. Fanduel is one of the largest daily fantasy sports websites in America. Bettors have nothing to worry about since they are placing their money with two gambling powerhouses that are regulated by a U.S. entity.
Other Notes - Promotions
FanDuel has a slew of ongoing promotions, some of which are pictured below. It is essential to read the terms and conditions of a bonus before accepting it. Understanding rollover requirements will help you know what you need to wager to receive your full bonus.
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Final Thoughts
FanDuel Sportsbook is a complete offering and should be considered if available in your state. The high-quality of live betting, bets offered, and odds are all worth emphasizing for both new and experienced bettors.
About FanDuel Sportsbook
Fanduel Sportsbook Parlay Rules
FanDuel was founded as a Daily Fantasy Sports company in 2009 and garnered over six million registered users in less than ten years. Then, in May 2018, when the Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992 (PAPSA), FanDuel was one of the first companies to make headlines. Paddy Power Betfair, one of Europe's largest gaming companies, merged with FanDuel. Paddy Power contributed $154 million for a 61% stake in the combined company, with the option to eventually own all of it.
Fanduel Sportsbook Indiana
FAQ
Where is FanDuel legal?As of December 2019, FanDuel Sportsbook is available in New Jersey, Pennsylvania, Indiana, and West Virginia. FanDuel Daily Fantasy Sports is available in over 40 states.
Is FanDuel sportsbook legit?
Yes, FanDuel was acquired by Paddy Power Betfair in 2018, making it a part of one of the world's biggest gambling companies. FanDuel is regulated by each state that it operates in, and bettors have nothing to worry about.
Can you transfer money from FanDuel to FanDuel Sportsbook?
Yes, you can transfer money from FanDuel to FanDuel Sportsbook if you live in a state that has legal sports betting, and FanDuel operates in it.
Methodology
For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.
Sports betting sites were scored across seven core categories to computer an overall rating: total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, and current bonuses.
Learn more about how we test.
About the author: Joey Shadeck Joey Shadeck is the lead writer for BettingBuck.com and content strategist for Michigan-based Reink Media Group. He has closely tracked sports betting in the United States for the last two years, compiling hundreds of data points across dozens of sportsbooks. He has 5 years of online betting experience with hundreds of bets placed during that time.