Bonus bets expire in roughly 7 days, stakes are never returned on winning wagers, and credit cards cannot be used to deposit at any licensed Tennessee sportsbook. Those three facts answer most of the confusion bettors run into after signing up. The answers below cover every common question about how Tennessee sportsbook bonuses work, what they cost, and what the rules really say.

Does a "Bet & Get" promo pay out win or lose?

Usually yes — a true Bet & Get credits bonus bets regardless of outcome. However, some offers require the qualifying bet to win first. FanDuel's "Bet $5, Get $300" variant is one example: the $300 in bonus bets only lands if that first $5 bet wins. Always read the full terms before placing the qualifying wager. See the best Tennessee sportsbook promos ranked for 2026 for a side-by-side breakdown of each offer's exact structure.

How long do bonus bets last before they expire?

Most Tennessee sportsbooks give 7 days (168 hours) from the moment bonus bets are credited. DraftKings states this explicitly. Caesars may allow up to two weeks on some placements. Unused bonus bets are permanently forfeited after the window closes — there are no extensions.

Do I get the bonus bet stake back if the bet wins?

No. The stake on a bonus bet is excluded from returns. Place a $200 bonus bet at +100 odds and win: the payout is $200 in cash profit, not $400. Only the winnings, not the original stake, become withdrawable cash.

Are bonus bets withdrawable?

No. Bonus bets are non-cashable and non-withdrawable. They must be wagered — typically once — before any resulting cash profit can be withdrawn. Fanatics' FanCash loyalty currency follows the same rule: it cannot be cashed out directly.

Can I claim bonuses at more than one Tennessee sportsbook?

Yes. Each licensed operator runs its own new-customer promotion, and bettors can open accounts with multiple books. Combined sign-up bonus value across all Tennessee sportsbooks is estimated at $3,000–$7,000+ depending on how many are claimed. The ranked promo comparison page lists current offers across DraftKings, FanDuel, bet365, Caesars, Fanatics, and others.

Can I use a credit card to fund a Tennessee sportsbook account?

No. Credit card deposits are prohibited by state law at all licensed Tennessee sportsbooks. Accepted methods include ACH/eCheck, debit cards, PayPal, Play+ Prepaid cards, bank/wire transfers, and online banking. For payout speeds and deposit details, see the guide to fastest deposit and withdrawal options at Tennessee sportsbooks.

What are the minimum odds requirements on promo bets?

Many promos set a floor — for example, bet365 requires the qualifying bet to be placed at odds of -500 or greater (meaning shorter odds like -600 do not qualify). Check each operator's terms before placing. A qualifying bet at too-short odds will not trigger the bonus.

What is the minimum age to claim a Tennessee sportsbook promo?

You must be at least 21 years old. Age is verified by government-issued ID at account registration. No exceptions apply under Tennessee law. Must be 21+. Gambling problem? Call 1-800-GAMBLER or reach the Tennessee REDLINE at 800-889-9789.

Is the sportsbook I'm using actually licensed in Tennessee?

Verify any operator against the official SWAC licensee list at tn.gov/swac/licensees-registrants.html. If a site accepts credit cards or cryptocurrency for deposits, treat that as a red flag — both are prohibited at licensed Tennessee books. Using an unlicensed sportsbook is illegal in the state and can result in criminal charges. Read the full rundown on whether sports betting is legal in Tennessee for more on how the regulatory framework works.

Do I pay Tennessee state income tax on bonus winnings?

Tennessee has no state income tax on gambling winnings. Federal tax still applies to all winnings. When a single win exceeds $600, the sportsbook issues IRS Form W-2G. Tax is calculated on total annual winnings, not per individual bet. The Tennessee sports betting taxes guide covers federal obligations in full.

What happens if I block location services on my phone?

The bet will not go through. All licensed Tennessee sportsbooks use geolocation technology to confirm the bettor is physically inside state lines. Blocking location access or using a VPN prevents wagers from being placed — even on a valid Tennessee account.

What does "Promotional Credit" mean under Tennessee rules?

The Tennessee Sports Wagering Council defines Promotional Credit as "free plays, deposit matches, odds boosts, risk-free bets, and any other bonus that a Sports Wagering Operator offers or gives to a Player as an incentive." All promotional materials must be submitted to the SWC for approval before operators can extend offers to players.

For a full look at how individual operators stack up on these terms, the DraftKings vs. FanDuel Tennessee promo comparison and the bet365 vs. Caesars promo comparison break down each offer side by side.