Tennessee Code 4-49-112 – Persons ineligible to place a bet or wager
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Tennessee Code, punishments for crimes depend on the classification. In the case of this section:Class | Prison | Fine |
---|---|---|
class C misdemeanor | up to 30 days | up to $50 |
class A misdemeanor | up to 11 months | up to $2,500 |
class B misdemeanor | up to 6 months | up to $500 |
Terms Used In Tennessee Code 4-49-112
- bet: means a sum of money that is risked by a bettor on the unknown outcome of one (1) or more sporting events, including, but not limited to, the form of fixed-odds betting, a future bet, live betting, a money line bet, pari-mutuel betting, parlay bet, pools, proposition bet, spread bet, or in any other form or manner as authorized by rule promulgated by the council. See Tennessee Code 4-49-102
- Collegiate: means belonging to, or involving, a public or private institution of higher education. See Tennessee Code 4-49-102
- Collegiate sporting event: means a sporting or athletics event involving a sports or athletics team of a public or private institution of higher education. See Tennessee Code 4-49-102
- Contract: A legal written agreement that becomes binding when signed.
- Council: means the sports wagering council. See Tennessee Code 4-49-102
- Licensee: means a person who holds a license issued under §. See Tennessee Code 4-49-102
- Online sports wagering platform: means the combination of hardware, software, and data networks used to manage, administer, or control sports wagering and any associated wagers accessible by any electronic means, including mobile applications and internet websites accessed via a mobile device or computer. See Tennessee Code 4-49-102
- Person: means an individual, group of individuals, trust, or business entity. See Tennessee Code 4-49-102
- Sporting event: means any professional sporting or athletic event, including motorsports and e-sports, any collegiate sporting or athletic event, or any Olympic sporting or athletic event sanctioned by a national or international organization or association. See Tennessee Code 4-49-102
- Sports governing body: means the organization, league, or association that oversees a sport and prescribes final rules and enforces codes of conduct with respect to such sport and participants therein. See Tennessee Code 4-49-102
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
- Supervisory employee: means a principal or employee having the authority to act on behalf of a licensee or whose judgment is being relied upon to manage and advance the business operations of a licensee. See Tennessee Code 4-49-102
- Trustee: A person or institution holding and administering property in trust.
- Vendor: means a person who:
(i) Provides one (1) or more of the following: (a) Geolocation services. See Tennessee Code 4-49-102