Sports Betting in Tennessee
For everyone in Tennessee interested in sports betting, you can legally place your wagers on your favorite sports team. After regulatory policies were put in place, sportsbooks were given licenses to accept wagers on the Grizzlies and other sports teams since November 2020.
That means anyone within the confines of the state can place their bet through a mobile device, a computer, or in person at any of the various kiosks. Fortunately, Tennessee's unique approach allows for remote online betting, without the need for in-person registration or brick-and-mortar sportsbooks.
To participate in legal sports betting in Tennessee, bettors must be at least 21 years old and physically located within state borders.
Tennessee imposes a 10% tax rate on sports betting revenue, which helps support important programs and initiatives within the state. Overall, legal sports betting in Tennessee provides a regulated and secure environment for individuals to enjoy sports wagering responsibly while adding an extra layer of excitement to their favorite sports events.
Available Bonuses for Grizzlies Betting
12 sportsbooks were given licenses to provide sports betting services in Tennessee. Each of these sportsbooks all have unique offerings and provides cash bonuses to users.
To claim these bonuses, you might be required to use a promo code. Always read the terms and conditions to know what is required of you before activating a promo.
Here are a few of the sportsbooks where you can legally place your Grizzlies bet and their active promotions.
|Sportsbook||Promo & Code|
|Caesars||Caesars is rewarding new customers with up to $1,250 back in bonus bets if they lose their first wager. Use the promo code “CZRFULL” to claim your bonus.|
|FanDuel||With FanDuel ‘s No Sweat First Bet, new customers in Tennessee get up to $1,000 if their first bet settles as a loss. No code is required to enjoy this promotion.|
|WynnBet||WynnBet's welcome offer matches your first bet of $100 regardless of the outcome of the bet slip.|
|DraftKings||New customers get 20% of their first deposit up to $1,000 in bonus funds. You do not need to type in any code when making your deposit.|
|BetMGM||BetMGM offers new bettors no-risk first bet up to $1,000. All you need to do to claim this bonus is to create an account, make a minimum deposit of $10, and place a bet.|
How to Bet on the Grizzlies
There are lots of betting markets to choose from when betting on the Grizzlies. But before you start making your picks, there are a few things you need to do.
The betting process starts before you place your wager. To give yourself the best chance of winning, there are certain things you must do first.
Choose a reputable sportsbook: Decide on the sportsbook you would use to place your bet. Make sure to consider factors like competitive odds, user-friendly interface, active promos, etc. before deciding.
Create and fund your account: Sign up for an account with the chosen sportsbook. Before you can make a wager, you need to first fund your account through one of the payment methods available.
Navigate to the basketball section: Once your account is funded, navigate to the basketball or NBA section of the sportsbook. Look for the games or the specific markets you wish to bet on.
Choose your bet type: Select the type of bet you want to place. Popular options include moneyline, point spreads, over/under, and player props.
Evaluate the odds: Assess the odds provided for the Grizzlies and their opponents. Favorable odds indicate a higher potential return but remember to consider factors like team form, injuries, and other relevant statistics.
Place your bet: When you are comfortable with your selection and the potential value if it wins, enter your desired wager amount and lock in your picks.
Monitor the game: Always keep an eye on the status of the game as it progresses. With sportsbooks now offering live betting and early cashout options, you can make new bets or adjust the current one based on the flow of the game.
To claim your bonuses, follow these steps:
- Choose a sportsbook you are most comfortable with.
- Sign up and fund your account. Use a promo code at this stage if necessary. Make sure to review the terms and conditions associated with the bonus.
- Each sportsbook will require something different before rewarding you with the cash bonus. Always review and adhere to the wagering requirements to be eligible for the bonus.
- After meeting all the requirements, the bonus will be automatically credited to your account. If there are steps needed to get the value of the bonus, simply follow the instructions from the sportsbook.
- Most bonuses will come as bet credits, which cannot be withdrawn. However, you can use them to place your Grizzlies bet without making more deposits.
- Note that you have a certain number of days to claim and use your bonus before it expires. The timeline varies from sportsbook to sportsbook.
Basketball Betting Tips
To be successful in basketball betting, you need to familiarize yourself with the terminologies and understand the overall betting scene. Knowing the teams and NBA, in general, will also go a long way in helping you make an informed decision.
After thorough research, we have put together some tips that would help your Grizzlies betting experience a tad easier. Winning in sports betting is no easy task but with the right tools and practices, you give yourself a better chance.
Here are a few helpful tips worth considering:
- Thoroughly research the teams, including their recent performance, head-to-head matchups, injuries, and playing styles. Analyze team statistics, offensive and defensive efficiency, and home/away performance to gain insights.
- Stay informed about the latest news, team updates, and player injuries. Follow reliable sources, team websites, and social media accounts for real-time updates that can impact the game.
- Familiarize yourself with different betting markets, such as moneyline, point spread, and totals. Each market offers different opportunities and requires a unique approach.
- Set a budget for your betting activities and stick to it. Implement a proper bankroll management strategy to ensure long-term sustainability.
- Home-court advantage can significantly impact basketball games. Understand the influence it has on teams' performances, especially when assessing point spreads and totals. The Grizzlies have had some of their highest-scoring games in recent years at FedEx Forum.
- Consider the importance of the game and the teams' motivation levels. Teams fighting for playoff spots or rivalries may demonstrate higher intensity and performance.
- Assess individual player matchups and how they may affect the game. Look for advantages or mismatches in positions that can impact scoring, rebounding, and overall team performance.
- Basketball is a physically demanding sport, and fatigue can affect team performance. Consider factors like back-to-back games, travel schedules, and recent game workload when assessing teams' readiness.
- Look for opportunities where the odds offered by the sportsbook seem favorable compared to your assessment of the team's actual chances of winning.
Frequently Asked Questions
Can I bet on the Memphis Grizzlies online?
Yes, mobile betting is legal in Tennessee. Sportsbooks offer a wide range of betting markets, odds, and promotions for Grizzlies games.
What types of bets can I place on the Grizzlies?
You can place various types of bets on the Grizzlies from selecting who will win the game in regulation, to how many total points will be scored. There are several markets you can choose from, with each sportsbook providing a different mix.
Where can I find the latest Grizzlies betting odds?
You can find the latest Grizzlies betting odds on reputable sportsbooks' websites or mobile apps. These platforms provide updated odds for upcoming Grizzlies games and different betting markets.
Can I bet on individual player performances in Grizzlies games?
Yes, you can bet on individual player performances in Grizzlies games through player prop bets. For example, you can pick Ja Morant to score 25+ points regardless of if they win or not.
What factors should I consider when betting on the Grizzlies?
When betting on the Grizzlies, consider factors like team form, player availability, head-to-head records, home-court advantage, player matchups, and recent performance trends.
Can I bet on the Grizzlies during live games?
Yes, many sportsbooks offer live betting options. You can now make picks based on how the game develops to give yourself a better chance of winning.
What is the home-court advantage for the Grizzlies?
The Grizzlies have a reputation for having a strong home-court advantage at the FedEx Forum in Memphis. Take this into account when considering their performance and the point spread in their home games.
Are there any specific strategies for betting on the Grizzlies?
There is no guaranteed strategy for betting on the Grizzlies or any other team. Conduct your research and factor in the betting tips in this guide before making a wager.