WHAT ARE THE BEST SPORTSBOOK PROMOS IN TENNESSEE?
Typically, the best promos are given to new users of a Tennessee sportsbook. The exact promo offer will vary by sportsbook but here is a rundown of the most common types.
Free Bets/No Deposit Bonus:
No-deposit bonuses are simple: you sign up for an account, and on registration you are given a free bet. You do not need to deposit but it is usually for new accounts only.
Risk-Free Bets:
With a risk-free bet, you have the chance to place a wager where if you lose you get credited back the amount you lost in the form of a free bet. They are essentially a bet where you can’t lose, e.g. If you place a risk-free $20 bet on the Patriots to win but they lose, you get a $20 free bet.
Deposit/Match Bonus:
Matched Bonuses are usually on your first deposit only. It requires you to deposit and the sportsbook will match your deposit amount or a % of your deposit. There are typically playthrough requirements to release these bonuses. In some cases, there might only be a 1x playthrough requirement, but others can be up to 50x. The latter makes the offer not as attractive because you will have to make a lot of bets before your bonus money is available to withdraw.
Reload Bonus:
Reload bonuses are offered from time to time. You re-deposit money into an already established account and get some form of site credit. It is usually in the form of a matched bonus.
Refer A Friend:
This is a bonus you get for referring a friend to register a new account with one of the sportsbooks or casinos. When they complete their account registration, make a deposit, or place their first bet you get credit to your account. The exact form of credit depends on your specific provider’s offer.
Insurance/Refund/Cashback:
Will be a refund/site credit on net losses or a % of net losses. These are usually subject to certain playthrough requirements and a specified timeframe.
Odds Boosts:
The player receives better odds for a particular sporting event.
Example: a boxer who is +120 to win a fight might be boosted to +140 on a particular site. This gives extra value to the bettor.
Loyalty/Bonus Programs:
Bonuses and VIP Awards are given when you play through a certain amount of money and are usually released in small increments. Some sportsbooks may offer these VIP rewards in the form of tickets to sporting events for high volume/ high wagering bettors. Not all sportsbooks offer VIP Rewards.