TwinSpires Review

TwinSpires
$200 Deposit Bonus Last verified on March 19, 2024 Void where prohibited. Terms and conditions apply. Offer for TwinSpires Racing only. See TwinSpires.com for details. Must be 18+ (21+ where applicable). For help with a gambling problem, call 1-800-GAMBLER.
TwinSpires Offer Code: BET200
  • Legal Online Racebook
  • iOS/Android Betting App
  • TwinSpires Loyalty Rewards
  • Legal In 39 States
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TwinSpires Racebook is the product of Churchill Downs Inc, the parent company of the Kentucky Derby and Churchill Downs racetrack. TwinSpires.com launched in 2007 as a dedicated horse racing betting site and has operated for years as one of the country’s largest online racebooks.

After the United States legalized sports betting, TwinSpires expanded its offerings to include online sports betting and gambling. TwinSpires Sportsbook and Casino is still open in multiple states, but its time grows short. In February 2022, Churchill Downs CEO Bill Carstanjen announced plans to exit the sports betting business. However, TwinSpires will continue to offer online horse racing betting.

Read on for BettingUSA’s full TwinSpires review, including information on where it’s are available, how to register an account, and how to claim a hefty welcome bonus.

Pros

Legal Horse Betting In 39 StatesOperated By Churchill DownsLive-Streaming Races

Cons

Some States Restricted
Bonuses and Promos
Deposits and Withdrawals
User Interface
Betting Markets
Betting Lines

Which States Is TwinSpires Legal In?

TwinSpires.com offers legal online horse racing betting in 38 states:

  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Montana
  • Nebraska
  • New Hampshire
  • New Mexico
  • New York
  • North Dakata
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Dakota
  • Tennessee
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

TwinSpires Offer Code: $200 Wagering Bonus

TitleDetails

TwinSpires Offer Code

BET200
Sign-Up BonusWagering bonus up to $200
Wagering Requirement4x to earn the bonus, 1x on bonus funds
# Of Eligible States39
Eligibility PeriodMust wager $800 within 30 days of registration

TwinSpires Horse Racing Bonus Offer

TwinSpires bonus

TwinSpires offers a horse betting welcome bonus worth up to $200 for all new customers.

New users who sign up for an account and use the Twinspires offer code BET200 can earn either $100 or $200 in bonus funds based on their first 30 days’ worth of wagering activity.

The TwinSpires bonus unlocks at a rate of $100 in bonus funds per $400 wagered during new users’ first 30 days.

For instance, customers who place $400 worth of wagers in their first 30 days receive $100 in bonus funds, while those who place $800 worth of wagers over that same period receive $200 extra. If a bettor only wagers $600, they will just receive a $100 bonus.

The TwinSpires bonus is unique in two ways. First, it comes with no strings attached or unfavorable terms and conditions. What you see is what you get.

Second, the size of the horse betting bonus at TwinSpires has no relation to the size of your first deposit. It doesn’t matter if your first deposit is $20 or $2,500. It also doesn’t matter how much you win or lose during your first 30 days as a customer. As long as you place a total sum of wagers equal to $400 or $800 within 30 days, the bonus is yours.

The TwinSpires bonus funds come with a 1x rollover requirement.

>>>Use Twinspires Offer Code BET200<<<

TwinSpires Company Overview

The Churchill Downs racetrack opened in 1875, and Churchill Downs Incorporated (CDI) was officially formed in 1937. Churchill Downs hosted the first Kentucky Derby on May 17th, 1875, and it has only grown in prestige every year since.

TwinSpires has offered legal online horse racing betting since its launch in 2006. Today, TwinSpires.com provides pari-mutuel wagering for horse races held at hundreds of tracks worldwide.

With more than 150 years’ worth of experience related to its horse racing operations, TwinSpires is a reputable firm with a verifiable track record. The company holds advance deposit wagering (ADW) licenses in multiple states and is in good standing with regulators in every jurisdiction where it operates.

churchill downs 1902
Churchill Downs circa 1902

TwinSpires Horse Racing Betting Review

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Horse racing fans can visit TwinSpires.com or download the Twinspires mobile app to legally bet on horse races held in the U.S. and abroad. The complete list of tracks covers all major racing venues in the United States, plus tracks in the UK, Ireland, Sweden, Japan, the UAE, New Zealand, Lebanon, South Africa, and Australia.

On any given day, customers can log in to their TwinSpires accounts to view all tracks hosting races that day. Users can select any track from the list to view all scheduled races for that venue. From there, customers can choose any race, make their picks, and place their bets. In most cases, TwinSpires shows races in real-time on its website and mobile app via live streaming video.

Bettors who enjoy a specific category of racing can filter TwinSpires’ racing menu by Thoroughbred, Harness, and Greyhound. Additional filters allow users to display listings alphabetically and by time to post.

TwinSpires provides all the same types of bets online that customers can place in-person at each track. Betting options include the standard lineup of win, place, and show bets, as well as all the usual exotics. Any wagers TwinSpires customers place online are commingled with bets taken at the track, resulting in larger payouts for bettors and bigger race purses.

TwinSpires Racebook Interface

Selecting any upcoming race takes users to the betting interface, where they can view all racing information, place wagers, and view live racing videos.

The TwinSpires interface provides a wealth of information, including quick links to switch between seven interfaces. Each interface emphasizes ease-of-use or certain stats, and users can switch between interfaces with a single click:

  • Classic: Simple interface, lists horses by number and facilitates quick wagering, lacks additional information
  • Basic: Still a simple interface but provides more information than classic; displays horse names, weights, and jockeys
  • Advanced: Provides even more information, including additional details about each horse, jockey win percentages, jockey records, trainer win percentages, and trainer records
  • Speed: Displays each horse’s run style and various speed ratings
  • Class: Displays standard pre-race info plus days off, prime power rating, last class, and average class
  • Pace: Displays each horse’s run style and various pace ratings
  • Tips: Displays tips for select horses in each race, such as “best bet” for horses that TwinSpires’ algorithm has determined are the most likely winners, “clocker special” for hoses that have recorded a fast workout within the last week, and more

TwinSpires customers can also view live HD racing video while they bet by visiting a track’s betting menu and selecting the video link.

TwinSpires Horse Racing Screenshots

TwinSpires Horse Racing App

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TwinSpires offers standalone mobile apps for iOS and Android devices, available from the App Store and Google Play. The TwinSpires horse racing app still operates independently of the sportsbook app, meaning customers must download the horse racing app separately even if they already have sports betting accounts.

The TwinSpires app looks simple at first glance, with a straightforward list of tracks on the homepage and options to sort tracks by thoroughbred, harness, and greyhound.

The full range of TwinSpires’ mobile betting features becomes apparent once users select a specific track and race. Once users visit a race, the app displays contenders, betting odds, jockey information, and additional race information. Bettors can select from one of seven wagering interfaces (see above) to view more information and tips for that race.

TwinSpires customers can tap the “play” button at the top of any page to launch an integrated video player that streams every race live within the app. Building wagers is as simple as choosing a bet type and tapping to add horses to the ticket.

Mobile App Screenshots

TwinSpires Horse Racing: How to Register

Registering at TwinSpires Racebook is easy and takes just a few moments:

  • Use this link or navigate to TwinSpires.com directly from your desktop or mobile device.
  • Click or tap “Join Now”
  • Enter your first and last name, email address and promo code. Use TwinSpires offer code BET200 to receive the maximum welcome offer.
  • On the next page, enter your full address. If you don’t live in a state where TwinSpires is legal, you’ll be prompted, and the registration process will halt.
  • Enter a user name, password, and identifying information: Date of birth, mobile phone number, and the last four digits of your SSN.
  • Click sign up and await to see if your account passed the verification checks.
  • If successful, you’ll be able to browse the site and initiate a first deposit.
TwinSpires Promo Code
Use offer code BET200 for maximum sign-up bonus

TwinSpires asks for the last four digits of all new users’ SSNs to comply with federal KYC and tax reporting regulations. TwinSpires secures all personal information with SSL encryption technology and does not share customers’ private details with third parties.

It’s worth noting that users who already have a TwinSpires Sports & Casino account can mostly bypass the registration process by entering their sportsbook/casino credentials.

Twinspires Deposit Options

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Apple Pay Bank Transfer Cash at the Cage Cashiers Check GreenDot MoneyPak MasterCard Money Order Moneygram Online Bill Pay PayNearMe PayPal Personal Check Visa Wire Transfer

As a legal horse racing betting platform, TwinSpires Racebook has access to most mainstream payment options. New users can fund their TwinSpires accounts through any of the following methods:

Customers can fund their TwinSpires betting accounts via ACH/eCheck by selecting the EZMoney deposit method from within the cashier. EZMoney supports checking, savings, and money market accounts. After choosing the EZMoney option, you’ll need to provide your account and routing number to complete the deposit.

Customers can deposit anywhere from $10 to $1,000 the first time they use EZMoney. After that, the maximum deposit limit bumps up to $2,000. Bettors can customer service for even higher limits.

  • Fee: $0
  • Minimum Deposit: None
  • Speed: Instant

The bill pay method (EZBank) facilitates instant online deposits for customers who have accounts with one of several major banks. Select this option, pick your bank from the dropdown list, and then log in using your existing online banking credentials to confirm the deposit.

The maximum deposit amount is $500 per transaction, and customers will need to have Bill Pay enabled at their bank to qualify.

  • Fee: $0
  • Minimum Deposit: $1
  • Speed: Instant

MoneyGram is a cash-based deposit method and the best option for loading your account with physical currency. Choose this option and then visit your nearest MoneyGram location to fund your account with cash. Some of the most common MoneyGram locations include pharmacies, Walmarts, and grocery stores.

Customers can deposit up to $899 per transaction, $2,500 per day, $2,500 per week, and $10,000 per month.

  • Fee: TwinSpires charges no fee, but MoneyGram charges up to $3.95 per transaction
  • Minimum Deposit: $1
  • Speed: Almost instant

TwinSpires accepts MasterCard and Visa credit and debit cards. Customers can deposit as little as $1 and as much as $500 per transaction.

TwinSpires strongly recommends MasterCard, as issuing Visa banks frequently deny advance deposit wagering transactions.

  • Fee: $5 flat fee per transaction
  • Minimum Deposit: $1
  • Speed: Instant

Customers can wire money to TwinSpires by visiting their bank in person and providing the following information:

JPMorgan/Chase Bank
201 East Main Street
Lexington, KY 40507

CDTIC Acquisitions, LLC
Bank Account # 753807668
ABA # 021 000 021

Users must also include the following information on the bank wire form:

“For further credit to Your Name, Your Wagering Account Number”

  • Fee: $0 for deposits over $1,000; $10 for deposits under $1,000
  • Minimum Deposit: $1
  • Speed: Same day

Customers can fund their accounts with cash by selecting the Green Dot deposit method and printing or saving a payment barcode provided by TwinSpires. Users can then visit their nearest Green Dot outlet (usually a Rite Aid or CVS) to present the barcode to the cashier and pay with cash.

Green Dot accepts a minimum deposit of $20 and up to $500 per transaction.

  • Fee: Green Dot charges a $4.95 service fee
  • Minimum Deposit: $20
  • Speed: Within minutes

Customers can use their personal PayPal accounts to make same-day electronic deposits to TwinSpires. The maximum deposit customers can make with PayPal is $1,000 per day.

  • Fee: TwinSpires charges a $5 service fee
  • Minimum Deposit: None
  • Speed: Instant

TwinSpires customers can fund their online wagering accounts with cash by selecting PayNearMe, selecting an amount to deposit, and saving or printing the payslip. Bettors can then take the payslip to a nearby retailer and pay with cash to credit their accounts.

Apple Pay provides instant online deposits for customers with iPhone, iPad, and Mac products. TwinSpires charge a flat $5 fee per deposit.

Customers can send a check or money order by mail to fund their TwinSpires accounts. Note: Make sure to write your ADW account number on your check or money order before mailing it.

TwinSpires credits users’ accounts the same day it receives their money order or cashier’s check, but it holds personal checks for five days to clear.

The maximum deposit amount per transaction is $10,000

Mailing address:

P.O. Box 8510
Lexington, KY 40533-8510

Overnight delivery:

801 Corporate Drive, Suite 200
Lexington, KY 40503-5404

  • Fee: $0
  • Minimum Deposit: $50 on first deposit, no minimum afterwards
  • Speed: Up to five days

TwinSpires Racebook offers a limited number of withdrawal methods, including online methods such as ACH via EZMoney, PayPal, and physical checks.

There is a $1 service fee for PayPal withdrawal, but EZMoney withdrawals are free. In both instances, players must use their preferred method for at least one deposit before using the same method for withdrawals. No such restriction exists for physical check withdrawals, although checks may take up to 15 business days to reach your mailbox.

TwinSpires customers may also process withdrawals by phone or in person at designated on-site kiosks:

  • Churchhill Downs ($500 limit if not a member of US Bank)
  • Keeneland Racetrack
  • The Red Mile
  • Arlington Park and its OTBs
  • Fair Grounds Racecourse and its OTBs
  • Scioto Downs
  • Emerald Downs

TwinSpires Racebook Loyalty Program

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TwinSpires.com is integrated with TSC Elite, which prides itself on being one of the best and most comprehensive loyalty programs in the horse racing industry.

All TwinSpires Horse Racing members are eligible for the program, and can begin earning points immediately. Bettors earn points at the following rates:

  • 1 point per $1 wagered at most tracks
  • 4 points per $1 wagered at any Churchill Downs Inc. (CDI) racetrack

Customers can earn points at physical race tracks, OTBs, and online, and their points accumulate into one pool. At any time, bettors can exchange their points for wagering credits or Brisnet.com handicapping materials at a rate of 1,000 points per $1 in bonus dollars. That works out to a 0.1% – 0.4% cashback rate, depending on the track.

Horse bettors can greatly increase their earn rate and earn other perks by gaining entry into the TSC Elite VIP Program. The minimum bar for entry is $25,000 in annual wagering or $12,000 in wagering during any of the first three quarters. That’s good enough to earn Bronze VIP status.

There are four Twinspires VIP ranks in total:

  • Bronze: $25,000 annual wagering; $12,000 wagering in Q1, Q2, or Q3
  • Silver: $50,000 annual wagering; $20,000 wagering in Q1, Q2, or Q3
  • Gold: $100,000 annual wagering; $40,000 wagering in Q1, Q2, or Q3
  • Platinum: Invite-only, recommended $250,000 annual wagering; $100,000 wagering in Q1, Q2, or Q3

Twinspires VIP Program members receive a host of benefits including free racetrack admission, discounts on Brisnet.com products, free programs, invites to special VIP events, and even concierge service for Kentucky Derby ticketing (Platinum only).

Perhaps the biggest benefit of becoming a VIP is that bettors can earn substantial point multipliers. The multiplier coefficient is based on monthly wagering. It runs from 1x for bettors who wager between $5,000 and $9,999 up to a staggering 11x for horse bettors who wager $250,000 or more.

TwinSpires Racebook Referral Program

TwinSpires offer a modest and uninspiring refer-a-friend program, but it’s better than nothing. Registered bettors receive a $10 wagering credit for every referral who creates a TwinSpires account and places a real-money wager.

Customers can refer their friends by logging in to TwinSpires and visiting the “Free Bets” section under “Offers.” There, referrers can invite friends via email, Facebook, Twitter, or by copy-pasting an exclusive link and sending it directly to their friends.

Unfortunately, the referred friend does not also receive a bonus, but they’ll still be eligible for TwinSpires’ new player $200 wagering bonus.

TwinSpires Customer Service

In addition to a massive and well-designed FAQ that covers racing, casino, and sports, TwinSpires offers live help via the following means:

  • Live chat: Available 24/7
  • Phone: 1-877-SPIRES-1; available daily from 9:00 am – 12:00 am EST
  • Email: player.services@twinspires.com

TwinSpires Kentucky Derby Betting

TwinSpires is the home of Kentucky Derby betting. As the official online racebook of Churchill Downs, TwinSpires Racing is better prepared than anyone else to offer Kentucky Derby betting promotions, live video, and pre-race analysis.

Fans can watch the Kentucky Derby live at TwinSpires.com or through the TwinSpires betting app for free after signing up for accounts. In addition, TwinSpires TV (also free for registered customers) provides live racing data and up to five simultaneous videos on tracks from around the country.

As the Kentucky Derby approaches each year, bettors should consider signing up and depositing well in advance to be sure they have everything in place so there are no surprises on Derby Day. Online racebooks experience their biggest surges of the year during the days leading up to the Kentucky Derby, so it’s wise to have a registered, funded account ready to go ahead of time.

Last year, TwinSpires offered money-back guarantees on select races during Kentucky Derby week at Churchill Downs. During the promotion, anyone who placed a win bet on qualifying races but lost because their horses finished in second or third place received refunds worth up to $10. Bettors can expect TwinSpires to launch similar promos this year as well.

How to Bet on the Kentucky Derby at TwinSpires

TwinSpires opens its Kentucky Deby wagering markets about 24 before the race each year. Fan can get started by visiting TwinSpires.com or downloading the mobile app for iOS/Android.

Here’s how to get started today:

  • Visit TwinSpires.com from any desktop or mobile device and hit the “join now” button to sign up for an account
  • Open the App Store/Google Play Store and search for “TwinSpires” to download the mobile app for iOS or Android (optional)
  • Use the TwinSpires offer code BET200 when asked on the registration page to claim a $200 welcome bonus
  • After signing up, log in and visit the cashier to make a deposit – TwinSpires accepts credit cards, debit cards, bank transfers, PayPal, and more
  • Make sure to check in often during the week of the race for any last minute Kentucky Derby promotions
  • Log in on the day before or day of the Kentucky Derby to bet on the race
  • After logging in, select “Churchill Downs” from the list of tracks
  • Then, select the Kentucky Derby
  • Use the wagering menu to select the type of wager, pick your selections, and customize your bet sizes
  • Submit your bet(s) and watch the race live at TwinSpires.com or through the app

Here’s a video explanation in simple terms for iOS, but the process is roughly the same via Android and desktop:

YouTube video
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2024 TwinSpires Kentucky Derby Offer Code

TwinSpires reliably introduces special Kentucky Derby promotions the week of the race. Typical offers include promos like customers getting their money back if they place a WIN bet and their selection finishes in 2nd or 3rd.

Additionally, all new users can register with the TwinSpires offer code BET200 to claim a welcome bonus worth up to $200. This bonus is available year-round, but it doesn’t disqualify new users from also claiming other TwinSpires Kentucky Derby offers.

TwinSpires Sports Betting

TwinSpires’ parent company, Churchill Downs Inc., has been involved in sports betting since 2018. After the Supreme Court struck down PASPA in 2018, Churchill Downs launched retail sportsbooks and online betting platforms in multiple states under the BetAmerica brand.

Churchill Downs previously relied on SBTech software, but it had trouble growing market share in states where it operates and suffered a three-week outage in April 2020 due to a ransomware attack perpetrated against SBTech. Churchill Downs Inc changed its software provider to Kambi later that year after one of TwinSpires’ competitors acquired SBTech.

TwinSpires Sportsbook launched in early 2021 with a fresh new look and improved functionality. However, TwinSpires Sportsbook was unable to succeed in gaining sports betting marketshare and has now closed online sports betting operations.

Twinspires still operates retail sportsbooks at casinos in four states:

TwinSpires Horse Racing FAQ

In most states, horse bettors must be at least 18 or older to create a TwinSpires Racebook account. In Washington and Michigan, the minimum legal age to create an account is 21.

Yes. TwinSpires has a dedicated horse racing app for iOS and Android-powered devices.

Horse bettors who already have a TwinSpires Sports and Casino account can mostly bypass the TwinSpires.com registration process by clicking “Already have a TwinSpires Sports & Casino Account?” on the registration page.

Yes. Horse bettors must hold a permanent residence in a state where TwinSpires is licensed and legal before registering an account.

Payout speeds depend on the withdrawal method selected. ACH and PayPal withdrawals are generally quick and complete within a few business days at most.

Paper checks requests take substantially longer, up to 15 business days.

In-person withdrawals are processed nearly immediately but require patrons to visit one of a few select tracks and provide two forms of identification (at least one Government-issued) along with the answers to other identifying information.

In addition to the site’s welcome package, TwinSpires runs a host of regular promotions. TwinSpires promos run the gamut from Bet Back offers, to Kentucky Derby Leaderboard contests, profit boosts, and bet insurance.

Check the “Current Offers” section frequently to keep up with the latest offers.

Yes, but only in a limited capacity. Greyhound racing is falling out of favor in the U.S. and abroad, so there are limited opportunities for TwinSpires to offer greyhound wagering.

Churchill Downs Inc. owns and operates TwinSpires. If that name sounds familiar, it’s because Churchill is the premier name in horse racing. The company’s roots date back to 1875, and Churchill Downs is the long-running host of the Kentucky Derby.

Churchill Downs and TwinSpires.com have been at the top of the horse wagering game since 2006.

TwinSpires TV is a free live streaming service that displays races from over 300 race tracks in the U.S. and around the world. All registered TwinSpires.com users gain access to the service.

The product has recently been improved to offer better streaming quality and a quick toggle feature that allows bettors to switch between 5 different races.

Expert Opinion: Is Twinspires Legit?

In summary, TwinSpires.com is a high-quality horse betting platform. With decades’ worth of experience in horse racing betting, TwinSpires has proven its staying power and professionalism over the long haul.