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TwinSpires Sportsbook Review & $200 Bonus

TwinSpires operated as a dedicated horse racing betting site until 2021, when its parent company, Churchill Downs Inc., decided to spice up things a little. In a merger with one of its companies, Churchill Downs created what is now known as TwinSpires Sports.

TwinSpires Sports is now a powerhouse bringing horseracing, a sportsbook, and casino games under one roof. This TwinSpires sportsbook review gives you a close-up look at one of the pioneer gambling operators in the US.

image author shadrack kairu
Author:
Shadrack Kairu
Published:
28/03/2022
Last Update:
18/07/2024
TwinSpires
icon yellow full star
4.9
100% Up To $100 Cashback
100% Up To $100 Cashback

General Information

🎁 Bonus 100% Up To $100 Cashback
⭐ Rating
icon yellow full star
4.9
by Odds Scanner US
💳 Payments Mastercard
PayNearMe Paypal VISA
⚽ Sports American Football
Basketball
Baseball
Ice Hockey
Football
🛡️ License ADG ADG/16-09-2021

Pros and Cons

A trustworthy site owned by a respected company
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Offers a wide array of sports markets spanning local and international games
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Excellent customer service
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User-friendly interface on mobile and desktop
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Available in only a few states
red cons
Charges transaction fees on credit cards
red cons
Bonus
100% Up To $100 Cashback

TwinSpires Sportsbook Review

TwinSpires sportsbook was born in 2021 through a merger with BetAmerica. Before then, Churchill Downs Inc. had done a tremendous job of positioning TwinSpires as the go-to site for all things horseracing.

The company faces significant competition in its sportsbook division from numerous operators. In response, TwinSpires is exiting the online sports betting and iGaming division before the end of 2022.

Players only have a few months to explore TwinSpires’ offers on online sports betting. It’s not a gloomy affair when you open up your browser and log in to the TwinSpires sports section. There is so much to soak in, from local to international sports.

Explore our take on promotions, banking options, sports coverage, user experience, and betting markets in this TwinSpires sportsbook review.

Is TwinSpires Legit? (Can You Actually Win?)

TwinSpires sportsbook is licensed within the US, so its legitimacy cannot be questioned. It is licensed and regulated by the respective gaming boards in Arizona, Michigan, New Jersey, Pennsylvania, Indiana, Colorado, and Tennessee.

Additionally, the fact that it is owned by a reputable brand should erase any doubt about its trustworthiness. So, is it safe to bet on TwinSpires? Yes. Your money and all wagering activities on the platform are safe.

TwinSpires Bonus Code & Promotions

You won’t find many bonuses when you join TwinSpires. The company appears to have toned down its approach to handing out bonuses, probably because they are looking at exiting the market. However, you can still take advantage of a couple of promotions at TwinSpires.

Sign-Up Bonus – Seen a Drastic Drop

For quite a while now, well, until February of 2022, TwinSpires ran a sign-up promotion where new users stood to win up to $1000 in free bets. Sadly this has been cut down to $100 and has been limited to new users in AZ, PA, and MI.

The $100 risk-free bet must be activated during the registration process using the FREE100 promo code. Once claimed, users have one week to bet up to $100 in free bets should they lose the equivalent in one real-money bet.

For example, if you place a $50 bet and end up losing, TwinSpires will fund your account with $50 bonus funds that you can use to win real money. The bonus is not withdrawable and is subject to wagering requirements. The bonus amount is valid for seven days from the day of issuance.

Parlay Bonus – Fancy Another Go?

Parlays present the best opportunity at hitting big money wins from low wagers, but they are very risky. One wrong outcome in your selection and your stake goes down the drain. TwinSpires offers its clients a chance at another go with the parlay bonus.

At the time of writing, TwinSpires’ bonus was available to clients in AZ, PA, and MI only. Players can get up to $25 back on 4-legged plus parlays.

Please note that this is an opt-in bonus available to all players within the three states. The $25 is credited as a free bet and is not withdrawable but can be used to win real cash. The minimum odds for each selection is -250. Further, all the parlay selections have to result on the same day.

TwinSpires App & Site – Cool, Simple, and Functional

A good site is simple to use and packed with useful features. That is what you will find on both the TwinSpires website and app. One cool feature is the ability to switch between states in real-time.

You can also quickly toggle between sports and racing pages from the home page. In addition, the operator has a separate TwinSpires app for casinos, horseracing, and the sportsbook.

TwinSpires offers simplicity and functionality. Inexperienced users can easily find their way around the site and mobile application.

TwinSpires Mobile Experience Highlights

  • Ability to toggle between states easily
  • Calm white and blue colors that are easy on the eyes
  • Ability to select events based on start times significantly reducing data overload
  • Pop-out navigational bar that allows users to switch to any sport instantly
  • A dedicated sportsbook application separate from casino and horseracing events

TwinSpires Desktop Experience Highlights

  • The site features a blend of blue and white colors, giving a cool impression
  • Very informative top bar featuring main sports, promotions, and bonuses as well as upcoming events
  • Permanently displayed bet slip unnecessarily crowds the page

TwinSpires Odds – Good Enough But Could Be Better

Any punter will prefer bigger odds to smaller odds. The possible win increases when you have bigger odds.

TwinsSpires odds mirror what you find across other brands. They are good enough to keep you around but not great enough to get you on board.

Occasionally, the operator offers boosted odds on select major sports, referred to as super odds.

Super Odds – Boosted Odds on Major Sports

Once in a while, TwinSpires offers boosted odds on major sports for parlays. On average, these boosted odds are higher than what you would find across other operators. Supper odds can go up by 50% in some cases.

TwinSpires Sports Betting Review

TwinSpires sports section is rich with various events from all over the world. The major sports include basketball, hockey, soccer, baseball, football (NFL), tennis, motorsports, golf, and more than 20 minor sports.

Basketball – Bet on America’s Favorite Sport

If you enjoy wagering on basketball, then TwinSpires online betting has your back. There is a great deal of action from the NBA and Euroleague to Sweden’s VTB united league.

Soccer – Get a Test of International Matches

Find great TwinSpires bets on soccer matches from all over the world. The options are endless, with a limitless market on offer.

Football – Predict the League Winners

TwinSpires online sports betting puts you right into the NFL action with wagers on possible league winners. Also, find irresistible markets in other football leagues.

NHL – Get Into Real Action

Take a front seat at some of the world’s best NHL action with TwinSpires betting. There is an excellent line-up of games waiting to be discovered.

TwinSpires Casino Review

TwinSpires Casino was born at the same time as the sportsbook division. It is relatively new to the online casino niche. Its product line is impressive with games ranging from tables to slots and classics to live casinos. Players can get in on the action on the TwinSpires casino app or on their desktop.

Table Games – 18+ Titles at Your Fingertips

TwinSpires online casino has over 18 table games for casino fans. Popular categories include blackjack, roulette, and craps.

Slots – Unlimited Frenzy and Cash Prizes

There is an excellent collection of 3-reel and 5-reel games at your disposal at TwinSpires. Immerse yourself in over 100 addictive games such as the Book of Dead or try your luck on Wowpots jackpot.

Live Dealer – Experience a Real Casino

TwinSpires live casino brings the experience of a real-life casino right to your screen with real dealers. Enjoy a TwinSpires poker game in the company of an actual human. Punters can also try their luck on baccarat, blackjack, and roulette.

TwinSpires Deposit and Withdrawal Methods

TwinSpires has several payment methods that cater to every player’s needs. Notable mentions include Visa, MasterCard, Paypal, ACH, PayNearMe, Skrill, online banking, and Play+.

How can I deposit money on TwinSpires?

Crediting your TwinSpires account is straightforward and instant. Go to the TwinSpires deposit tab, select your preferred method, enter the amount you want to deposit, and click “Deposit.” Note that the minimum deposit is $10.

ACH

Instantly deposit $10-$9,999 with ACH. You can increase your upper limit by contacting the global payments team.

ApplePay

All Apple users can use Apple pay to deposit. Apple Pay costs a $5 transaction fee and is capped at $500 a day, $3000 per week, and $5000 per month.

Credit/Debit card

Use your MasterCard or Visa card to make instant deposits. The minimum deposit is $10, and TwinSpires charge a $5 fee for both methods.

PayPal

Instantly fund your TwinSpires account straight from your PayPal account at no cost. The minimum amount is $10 while the maximum deposit is capped at $9,999.

Skrill

Skrill allows for instant deposits at no cost. Deposit caps are similar to those of PayPal.

How can I withdraw money from TwinSpires?

There are far fewer withdrawal methods than deposit methods. To withdraw winnings, visit the TwinSpires withdrawal page, enter the required amount, and confirm to withdraw. The minimum withdrawable amount is $10 and the maximum is $25,000. Below is a list of methods.

PayPal

You can only use PayPal to withdraw if you used it to deposit. There is a $1 processing fee and it takes a few hours to process.

Check

Withdrawals made through checks have a 5-day wait period.

ACH

ACH allows for withdrawal of unlimited amounts. Processing duration is 2-5 days.

Credit/Debit Cards

You can use Visa or MasterCard to make withdrawals. It may take up to 7 days to complete.

TwinSpires Playcard

Allows for instant withdrawals after approval.

TwinSpires Sports Betting Markets

TwinSpires sportsbook has a rich line of markets for all of its events. These markets are available to players all year, with some of the popular ones including spread, moneyline, and total points.

Other markets available on TwinSpires online sports betting include Game Props, Asian Lines, Goal Scorers, and Multi Goals. Let’s take a look at some of the popular options below.

Moneyline – Pick A Side

Moneyline is probably the easiest market to comprehend. All you have to do is predict a winner between two opponents. The perceived stronger team will have negative odds, while the perceived weaker team will have positive odds.

Parlays – String Up a Couple of Markets

Parlays are a great way to increase your winnings on relatively low wagers. Join several bets into one slip, and if all the outcomes match your prediction, you win an even bigger payout.

Props – Even or Odd?

Like a toss coin, props allow punters to predict several outcomes in an event. It may be the score, red cards, or even the number of corners.

TwinSpires Login and Registration

New users have to go through a 3-step process to set up an account with TwinSpires. It is a straightforward process that can be completed quickly. We explain the steps below.

Step #1: Fill Out Contact Information

The first step after visiting the TwinSpires website is to provide contact information. On this page, you will fill in your name, phone number, email address, and the offer code if you have one.

Step 2: Provide Your Address

Provide details on your address, city, state, and zip code

Step 3: Generate Unique Account Details

Here you will create your username and password and select and answer two security questions. Next, give your date of birth and Social Security number.

Finally, agree to the terms and conditions and click “Join” to complete the process.

TwinSpires Live Bets and Streaming Services – Experience Live Betting Like No Other

TwinSpires sportsbook runs a robust live betting section with matches spanning the entire scope of its games listing. This feature is available on the website and mobile app.

Mobile users can locate all live events by clicking the “Live” tab at the bottom of the screen. Live games can be accessed from the navigation tab on the left side of the main site.

The graphical presentation for live games is the best we have seen so far. Users can toggle between a statistical presentation and a visual presentation.

The statistical display has details on current scores, participants’ form, win probability, and so forth. On the other hand, the graphical presentation shows you the danger areas in real-time—for example, the player with many passes.

Unfortunately, TwinSpires does not offer a livestream for its sportsbook division.

Fast Bets – Predict Next-minute Events

Fast bets allow you to predict events that will happen within a short time. For example, you can bet on who will win the next point in a tennis match.

TwinSpires Customer Support – Friendly and Helpful

Other than having one of the friendliest customer support teams, TwinSpires has several ways in which you can get help. Besides a detailed FAQ section, you can contact support via email, live chat, and a toll-free number.

You can get instant answers through TwinSpires live chat option which typically takes less than a minute to go live.

If you prefer to speak to a representative, you can use the toll-free phone, but this will take a while before it’s answered.

Finally, use the email option when seeking detailed answers. Contact TwinSpires via the methods listed below.

  • Live chat – Available 24/7 on mobile and web
  • Phone from 9am – 2 am ET on 1-877-774-7371
  • Email: [email protected]

TwinSpires Company History

Churchill Downs Inc. is the owner of the TwinSpires Company. Their operations centered on horse race gambling from 2007 to 2021.

TwinSpires online gambling is the child of a merger between BetAmerica and TwinSpires, both of which are owned by Churchill Downs Inc. TwinSpires became TwinSpires Sports after the merger. The new company now houses horse racing, an online casino, and a sportsbook all operating under one umbrella.

TwinSpires vs Other Sportsbooks

TwinSpires Sportsbook is a homegrown company from the USA, which sets them apart from the big corporations that have diversified in the US market.

Their foray into the online sports betting and casino venture hasn’t paid off, as the company has yet to make any significant profit from this venture. Indeed, the CDI CEO announced that TwinSpires would be exiting the online sportsbook and casino scene within the next few months.

This announcement was made in February 2022. We can only cross our fingers and hope their tide changes soon.

Conclusion - Is it Worth Betting on TwinSpires?

It’s a no-brainer that TwinSpires is one of the best online sportsbooks in the US. As an American brand, they understand the clientele better than anyone else. The operator holds valid licenses across all the states in which it is present, so security is no issue.

Besides having industry-leading encryption technology for their sites, they work with trusted payment merchants to guarantee your money’s safety.

Frequently Asked Questions about TwinSpires

Have any questions or concerns about TwinSpires that you’d like us to address? Check out this section for more information.

Is TwinSpires a legit betting site?

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TwinSpires is a legit betting site. They are licensed and regulated by the states in which they operate. As a result, they have to adhere to all regulations on client practices.

Can I use a credit card on TwinSpires?

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Yes, you can use your credit card on TwinSpires. Visa and MasterCard are accepted payment methods for deposits and withdrawals. However, not all banks approve the use of credit cards for gambling. Please check with your bank to find out if your card is approved.

How do I withdraw money from the TwinSpires app?

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If you want to withdraw money from the TwinSpires app, log into the app, and then access your account via the “My Account” tab. Select the “Withdraw Funds” option, enter the desired amount, and choose the “Withdrawal” option. Please note that some withdrawal methods have to match the deposit method.

How much can you win on TwinSpires?

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There is no limit on how much you can win here. However, there is a limit on how much you can withdraw from your TwinSpires account in a day. The maximum amount you can draw from your account in a day is $25,000, and this is via the Twinspires Paycard only.

How long does TwinSpires take to withdraw?

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If you make a withdrawal request through PayPal, Skrill, or Play+, you will receive your cash instantly after it has been approved. For other options such as Visa, ACH, MasterCard, and online banking, the process takes between 2 and 5 days.