DraftKings Bonus Code Offer for Tennessee

Sign up with DraftKings Sportsbook Tennessee to get one heck of a bonus — Bet $5, Get $200 — but only for a limited time. This offer will expire at the end of May!

Tennessee bettors must be 21+ and present to place wagers in the state. If you or a loved one is experiencing problems with gambling, call or text REDLINE at 1-800-889-9789.

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draftkings sportsbook promo code bonus

DraftKings SportsBook Overview

Mobile sports betting went live in Tennessee back in November of 2020. DraftKings was one of the first sportsbooks on the scene ready to serve sports bettors within the Volunteer State.

As one of the most popular sportsbooks in the US, we are confident that DraftKings will continue to expand its footprint in Tennessee. Tennessee residents are immensely passionate about their favorite teams like the Titans, Vols, Grizzlies, and Predators. This will only help DraftKings acquire more customers within the state, as most recreational bettors love to put money down on their favorite teams.

DraftKings offers a premier user-friendly experience to betting. By using either the website or the mobile app, DraftKings is a convenient way for fans to place bets on their favorite teams.

Current DraftKings Promotions

DraftKings has earned a reputation as offering the most aggressive new player bonus offers in both the sports betting and DFS industries. Before we jump into our top-rated offers for this basketball season, here is a look at the bonus types we have seen from DraftKings over the past few seasons:

  • Deposit Bonus Offers: This is the most common promo code offer from DraftKings, but it's normally only available at the start of football season. New users will receive a bonus equal to a percentage of their initial deposit. This amount ranges from 20% to 100% and from a $500 total bonus to a $1,500 total bonus.
  • Bonus Entry Offers: DraftKings will typically offer a Millionaire Maker entry at some point during every NFL season. This is essentially a $20 cash bonus that gives you a shot at a $1 million top prize. At the sportsbook, bonus bet offers are typically 100% of your initial deposit, capping somewhere between $100 - $200.
  • Bonus Bet Offers: Bonus bets are an extremely popular promotion with every sportsbook. With this type of promotion, new bettors will receive one bonus bet that caps somewhere between $250 to $1,000.
  • Bet Get Offers: DraftKings will often offer odds-boost promotions in addition to their classic deposit bonus offer. This is where you are guaranteed to win a certain amount even if your first wager loses! The bonus is paid in Bonus Bets.
Featured DraftKings Promotions for Louisiana - August 2021

Current Featured DraftKings Bonus Offer for Tennessee

Our top-rated bonus offer available from DraftKings for May gives new players $150 in bonus bets after they make a $5 bet.

As with every promotion we cover, each of these offers comes with a specific set of terms and conditions new players should familiarize themselves with prior to opening an account. Find the terms for each offer below, we update these for every new DraftKings offer.

Terms for DraftKings Deposit Bonus

When signing up with DraftKings using our promo code and making your first deposit, users can receive up to $150 in bonus funds. This is a fantastic way for new sports bettors in Tennessee to build up their bankrolls.

This is not an immensely lucrative bonus offer, but it requires you to do nothing extraordinary. Just deposit some cash, have fun betting, and DraftKings will give you some extra money.

Daily Promotions for Existing Players

DraftKings, like almost every online sportsbook, runs promotions on the website and in their app. These promotions are a win-win for both the bettor and the sportsbook. You get better odds and opportunities to make more money while DraftKings receives more wagers.

With this in mind, DraftKings is constantly be pushing out promotions that they think bettors will enjoy to both entice new users and keep existing users engaged.

Keep your eyes out for these promotions, but also keep your eyes out for promotions that are appealing, but not advantageous. Some of them offer great odds on not-so-good bets, so be weary.

The type of promotion you receive at DraftKings is important. Each offer type includes a differnt total bonus received and different terms attached to that bonus. Three of the most popular promotions DraftKings run are:

  • Betting Pools - DraftKings will let you join a community pool for a small fee, or sometimes as a bonus, where if you get all of your picks right, you win the pool’s grand prize. These pools normally even have prizes for users who get one, two, or even three picks incorrect. Private pools are also an option.
  • Parlay Insurance - Parlay insurance is a fairly common promotion amongst online sportsbooks. When this promotion is running, DraftKings will refund the amount of your parlay if one of the bets misses. Each instance of parlay insurance is different. The maximum insurance payout varies, parlay conditions need to be met for insurance to activate, and the parlay must usually have a minimum number of bets at certain odds.
  • Odds Boosts - One of the most popular, odds boosts does exactly what it sounds like. DraftKings will pick a bet and boost the odds. These usually happen around popular events like playoffs or championships, and are normally on player or prop bets rather than moneyline or over/under bets. DraftKings run this promotion quite often as it entices bettors to bet with them.
DraftKings Louisiana SportsBook App Overview and FAQs

DraftKings Tennessee FAQ

Even though legal sports betting is now fully entrenched in the state of Tennessee, sports bettors in the state may not be familiar with how DraftKings works. We cover everything we think you need to know prior to placing a bet or entering a fantasy contest on DraftKings.

Is DraftKings Sportsbook Legal in Tennessee?

DraftKings Sportsbook has been legal in Tennessee since November 1, 2020.

How do I deposit and withdraw my winnings?

With DraftKings, withdrawing and depositing cash into your account is as easy as it can be. Users can use credit cards, debit cards, online bank transfers, or cash at partnered retail locations.

Is the mobile app available on both Apple and Android devices?

Yes. The DraftKings Sportsbook app is available through the Apple App Store and the Google Play Store for both iOS and Android devices.

Is betting on college sports legal in Tennessee??

Yes, betting on college sports is legal in Tennessee and that does include in-state colleges and Universities.

Which states are DraftKings operational in?

DraftKings Sportsbook is available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, & Wyoming.

Best Tennessee SportsBook Bonus Offers for May

Compare the current DraftKings promo code offer for May with offers from some of the top sportsbooks in in the US. We typically see the top offers from the DFS and sports betting industries at the start of football season. However, some sportsbooks will offer some nice promos during May.

Before signing up with any sportsbook in Tennessee, be sure to shop new player offers. Every sportsbook we work with is licensed, regulated, and offers a polished product. This means the bonus offer just might be the reason you choose one book over another.

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