TwinSpires Sportsbook Review & Intro Promo

TwinSpires announced in February 2022 that it would be shutting down its sports betting operations. Check out our picks for the best online sportsbooks here for an alternative.

Editorial Rating

0/5

Deposit Methods

Key Features

Intro Promo

If your first bet loses, get a free bet of equal value up to $1,000

In 2007, Churchill Downs Incorporated (CDI), the parent company of the famous horse racing track, created TwinSpires.com. Up until 2021, TwinSpires primarily functioned as an online horse racing betting platform—allowing customers to wager on races around the globe.

In 2021, CDI consolidated its sports betting company—BetAmerica—into TwinSpires, creating a single brand for wagering on sports, horse races, and traditional casino games.

Today, the TwinSpires Sportsbook is one of the best options for bettors in the states where it operates. It offers one of the best intro promos currently available, a smooth user interface, many ongoing odds boosts and promotions, and a variety of deposit and withdrawal options.

Our TwinSpires Sportsbook review goes over everything you need to know to decide whether this sportsbook is right for you, including how the intro promo works, pros and cons, common customer complaints, and more.

In this review

TwinSpires Sportsbook Quick Review

TwinSpires is a solid option for sports bettors in the states where it operates. Overall, we rated TwinSpires as 4.5 out of 5 stars—in between “above average” and “best”.

TwinSpires offers one of the best intro promos for new customers currently available, all of the main deposit and withdrawal options, competitive ongoing promotions and odds boosts, and has great customer reviews.

On the downside, it seems that TwinSpires offers slightly worse odds than the top tier sportsbooks such as FanDuel and DraftKings, on average, in some sports. 

In addition, the app is sometimes prone to glitching and crashing—though this is common with many sportsbook apps. Besides the occasional technical glitch, the TwinSpires app and website both offer a smooth user experience and it is easy to find what you are looking for.

Overall, if you live in AZ, CO, IN, MI, PA, or TN, it's worth signing up for TwinSpires. We recommend using it alongside one of our other top-rated sportsbooks so you can shop around for the best odds and take advantage of other odds boosts and promotions.

State availability & rankings

Ratings by category

Overall Rating

4.5/5

Odds Competitiveness

3/5

Intro Promo

4.5/5

Promos & Odds Boosts

5/5

Sports & Bets Offered

5/5

User Interface

4.5/5

Deposits & Withdrawals

5/5

Customer Reviews

4.5/5

Education & Resources

5/5

Pros & Cons

TwinSpires Sportsbook Intro Promo

The TwinSpires Sportsbook intro promo for new customers is pretty straightforward: a risk-free bet up to $1,000.To receive the TwinSpires welcome bonus, enter the promo code FREE1000 when signing up.

Here's how it works:

  1. Register for a TwinSpires account using the promo code FREE1000.
  2. Make your first deposit.
  3. Place a wager on an event that is happening within 7 days from the time you registered for your account.
    1. If your first bet loses, TwinSpires will refund you with a free bet equal to the amount of your first bet up to $1,000.
    2. If your first bet wins, you don't receive any free bet but you do get the winnings from your first bet immediately as cash.
  4. If your first bet does lose, you will receive your free bet within 72 hours.
  5. Use your free bet within 7 days of it entering your account.

Note that like with most sportsbooks, you will only receive the profits from your free bet.

For example, if you wager your free bet of $1,000 on the Lakers to win at +200 odds, you would receive $2,000, not $3,000 ($2,000 profit + $1,000 original amount wagered).

>> Read more: How to read sports betting odds

Since there is only a 1x rollover requirement, you only have to wager the free bet one time before you can withdraw the winnings from it (if you win, that is).

Overall, the TwinSpires intro promo is one of the best betting bonuses currently available. Many other books only offer intro bonuses with values of $500, $250, $100, or even less. Be sure to pay attention to how long you have to make your first bet and place your free bet (if you lose your first bet) so you don't lose them.

Ready to join TwinSpires? Register & use the promo code FREE1000 here.

TwinSpires Odds Boosts, Promotions, & Rewards Program

In addition to the intro promo for new customers, TwinSpires offers ongoing odds boosts and promotions to help players win extra money.

Odds Boosts

TwinSpires' odds boosts are called “Super Odds” and there are anywhere from 3 to 10 on most days.

To see the current Super Odds, click the A-Z menu at the bottom of your mobile app then look for the button under the Popular section. On desktop, look for the Super Odds button on the menu at the left of your screen.

Most often, it seems that TwinSpires boosts the odds on parlays in major sports. For example, as of the time of this writing, you can get the Cubs to win against the Cardinals and over 8 runs in tonight's game.

Promotions

Aside from the intro promo for new customers, TwinSpires offers ongoing promotions that can help you earn site credit or larger payouts on bets. 

Here are some examples of TwinSpires Sportsbook promotions I've seen in the past:

  • NFL Passing Touchdown Party. Place a spread bet of $50+ on select NFL Games and receive $5 for every passing touchdown thrown.
  • NFL Same Game Combo Bonus. Place a $25+ Same Game Combo and receive a free $10 live bet.
  • Multi-Sport Parlay Insurance. Place a 4+ leg parlay with each leg having odds of -260 or less (-110, +150, +300, etc.), and if one leg loses, get your money back up to $25.
  • Parlay Profit Boost. If you place a parlay with 3+ legs, your profits are boosted by 5% to 50% depending on how many legs it is.
  • MLB 5th Inning Run Insurance. Place a moneyline wager on any MLB game and if your team is leading after 5 innings but loses the game, you'll receive your money back in free bets up to $50.
  • NBA Sharp Shooter. Place a pre-game spread bet of at least $50 on any NBA game and receive $1 for every 3-pointer made in the game.

Note that for many of the promotions, you have to opt into them. In addition, you typically won't receive any bonus money if you cash out of the game early.

There also may be odds requirements for the bets (such as in the first example).

Be sure to check the terms and conditions before betting!

Rewards program

At this time, it does not appear that TwinSpires has any sort of rewards program for sports betting, though the company does have one for horse racing. You can learn more about that here.

In the future, we would not be surprised to see TwinSpires expand this program to include the sportsbook and casino.

Sports TwinSpires Offers Bets On

Sports Offered

Sports Not Offered

Types of Bets TwinSpires Offers

Like most online sportsbooks, TwinSpires offers all major types of sports betting, including:

Live betting & cashing out

TwinSpires offers live betting on all major sports including football, basketball, baseball, soccer, hockey, and more.

You can also cash out of certain bets early before the game finishes. For example, if you bet on the Lions to win but halfway through the game have a feeling they won't win or want to guarantee some profits, you may be able to cash out for a partial payout.

Same game parlays

In the last year or so, “same game parlays” have become very popular after major sportsbooks—such as FanDuel—started offering them.

So, does TwinSpires offer same game parlays?

Fortunately, TwinSpires DOES offer same game parlays, they are called Same Game Combos. You can combine sides, totals, and player/game props from the same game into a single parlay.

Signing Up for the TwinSpires Sportsbook

You don’t have to be a resident of one of the states where TwinSpires operates to sign up, but you must be physically located there to place bets. The only other restriction is that you must be at least 21 years old.

To sign up for an account, you’ll have to fill out some basic information including:

  • Name
  • Phone number
  • Email
  • Address
  • Desired username
  • Desired password
  • Security question
  • Date of birth
  • Last 4 digits of Social Security number

After filling out this information, you may be asked to upload a government-issued ID (such as a driver’s license or passport) to verify your identity.

The whole process is quick and easy and should only take a few minutes. 

You can get an idea of what the registration screen looks like in the following mobile screenshots (click to expand):

TwinSpires Deposit & Withdrawal Methods

One of the best things about TwinSpires is that it offers all major deposit and withdrawal methods—all of which are highlighted below.

In addition, TwinSpires is one of, if not the only, sportsbook that clearly states the minimum and maximum deposit/withdrawal amounts.

You can deposit and withdraw money from any location—even if you are outside of one of the states where TwinSpires operates.

Note that TwinSpires does not charge any fees for depositing or withdrawing money but your bank might.

TwinSpires Deposit Methods

Method Min Max Deposit Time

Online bank transfer

$10

$9,999

Instant

Credit card (Visa, Mastercard)

$10

$9,999

Instant

PayPal

$10

$9,999

Instant

TwinSpires Play+ Card

$1

$2,000

Instant

Skrill

$10

$9,999

Instant

Check/Money Order

N/A
N/A

7 - 10 business days

ACH/eCheck

$10

$9,999

Instant

TwinSpires Withdrawal Methods

Method Min Max Deposit Time

Online bank transfer

$10

$9,999

2 - 5 days

PayPal

$0.01

$9,999

Instant after approved

TwinSpires Play+ Card

$0.01

$25,000

Instant after approved

Check/Money Order

N/A
N/A

7 - 10 business days

ACH/eCheck

$0.01

None

Not disclosed

TwinSpires Sportsbook App & Website Experience

You can bet with TwinSpires through its mobile apps (iOS & Android) or website.

Unlike most other sportsbooks, there is a single app for all states. This is especially nice if frequently travel (and bet) between two states where TwinSpires operates.

The app or website will verify your location to ensure you are located in the correct state. You may be required to download an application to your computer to help verify your location or grant the website/mobile app access to your location.

Note that you don't have to be a resident of one of the states where TwinSpires operates to place bets; you just have to be physically located there to actually place the bets.

Overall, both the TwinSpires Sportsbook mobile app and website provide a good user experience. We rated it a 4.5 out of 5—in between “above average” and “best”.

Here are some specific notes about the mobile app and website:

TwinSpires Sportsbook Mobile App Notes

Overall, the TwinSpires mobile app is easy to navigate, place bets, and do pretty much anything else you want. 

Navigation

TwinSpires has a few different menus, making it easy to jump to different sections of the sportsbook. 

Towards the top of the screen, you can see the most popular sports in a horizontally scrolling menu. 

Underneath this, you'll see banners for promotions, odds boosts, and other special events, following by more horizontal menus with more sports, leagues, and bet types.

In the footer of the app, you can return to the home screen, see all live games, open up the A-Z sports menu, see games that are starting soon, and access your bets.

Choosing bets

Once you select a sport from one of the menus, you'll be able to see the spread, moneyline, and total (or the equivalent for that sport) for live and upcoming games. 

While the filters from the homepage show all three of the main types of bets, if you click into a sport from the top menu, you may have to use a dropdown to control which of the three is shown. This isn't a big deal but I don't really get why TwinSpires would show all three bet types on one view but not others.

You can click into a specific game to see more bet types such as game parlays and prop bets.

Betslip

Once you make a selection, a button for the betslip will pop up at the bottom of the screen.

You can either place your bet directly from there or minimize it to keep adding other events to form a parlay, round robin, or if you would just rather pick all of your bets before placing them.

Inside the betslip, you can switch between straight bets, parlays, and round robins quickly, but it doesn't seem that there is a way to easily turn a parlay into a teaser without having to manually add alternative lines.

When you're ready to place your bet(s), simply enter the amount you want to wager and click the “Place Bet” button.

Screenshots

Here are some screenshots of the TwinSpires Sportsbook mobile app (click to expand):

TwinSpires Sportsbook Website Notes

Like most sportsbooks, the TwinSpires website is very similar to the mobile app. With more room to work with, the A-Z Sports menu is always visible on the left side of the screen and the betslip is always visible on the right, but other than that, you won't find many differences.

One other thing to note about the TwinSpires Sportsbook website: once you click into a game, you will usually see a “View all stats” button that will open up a new window that shows how each team has performed recently and over the season, the average amount of points/runs/goals scored, and more.

Screenshots

Here are some screenshots of the TwinSpires Sportsbook website (click to expand):

Stability

During my time using the TwinSpires Sportsbook, I haven't run into any stability issues. Sometimes switching between screens takes a few seconds, but other than that, I haven't run into any issues with the app or website glitching or crashing. 

I have, however, read some reviews where users complaint about the app freezing and crashing. Some others noted that the location verification functionality sometimes doesn't work—even when they are within a eligible state's borders.

TwinSpires Customer Support

If you have any questions about TwinSpires, you should first check out the FAQ section that gives answers to common questions.

If those don't work, you can contact TwinSpires via the following methods:

  • Live Chat: Click the “Support” bubble in the bottom right of your screen. Available 24/7.
  • Phone: Call 1-877-774-7371. Available 9 am – 2 am EST.
  • Email: [email protected] Available 24/7.

TwinSpires Background & Locations

Owner: Churchill Downs Incorporated

State

Launch Date

Retail Casino Partner

Michigan

January 2021

Island Resort & Casino

Tennessee

March 2021

N/A

Colorado

April 2021

Bronco Billy's Casino

Pennsylvania

April 2021

Presque Isle Downs & Casino

Indiana

April 2021

Rising Star Casino Resort

Arizona

September 2021

Tonto Apache Tribe

TwinSpires Arizona

  • Availability: Online & Retail
  • Launch date: September 16th, 2021
  • Retail partner: Mazatzal Hotel & Casino owned by the Tonto Apache Tribe
  • Licensed by: Arizona Department of Gaming
  • TwinSpires AZ Intro Promo: $1,000 risk-free bet

TwinSpiresPsportsbook, owned by Churchill Downs Inc., became the fifth licensed online operator in Arizona. The launch of both the online mobile and desktop betting site, as well as a retail betting shop at the Mazatzal Hotel & Casino, happened on September 16th, 202, following the license approval by the Arizona Department of Gaming. The sportsbook welcomes all residents and visitors of the Grand Canyon State that register and type in the sign-up code FREE1000 with a risk-free bet welcome promotion worth up to $1,000.

TwinSpires Colorado

  • Availability: Online & Retail
  • Launch date: Retail sportsbook: September 2020; Online sportsbook: April 2021
  • Retail partner: Bronco Billy’s Casino and Hotel owned by Full House Resorts Inc.
  • Licensed by: Colorado Division of Gaming
  • TwinSpires CO Intro Promo: $1,000 risk-free bet

TwinSpires retail sportsbook at Bronco Billy’s Casino in Cripple Creek first opened under the BetAmerica brand, and as of March 2021, switched over to the Churchill Downs’ TwinSpires brand. TwinSpires’ debut in Colorado’s online sports betting scene was in April 2021. To get you started, the sportsbook has prepared a welcome bonus in the form of a $1,000 risk-free bet for the very first wager you place.

TwinSpires Indiana

  • Availability: Online & Retail
  • Launch date: Retail sportsbook: December 2020; Online sportsbook: April 2021
  • Retail partner: Rising Star Casino Resort owned by Full House Resorts Inc.
  • Licensed by: Indiana State Gaming Commission
  • TwinSpires IN Intro Promo: $1,000 risk-free bet

TwinSpires’ partnership with the Rising Star Casino Resort in Hoosier State began when the sportsbook was launched under the BetAmerica brand in December 2020. As of April 2021, TwinSpires took over as the only brand in Indiana, both online and retail. To mark the occasion, TwinSpires offered a $1,000 risk-free bet that you can still claim by opening your account and inserting the FREE1000 bonus code. If your first real-money wager is a losing one, within 72 hours, the sportsbook will credit you with a free bet equal to the amount of the losing wager, up to a maximum of $1,000.

TwinSpires Michigan

  • Availability: Online & Retail
  • Launch date: Retail sportsbook: July 2020; Online sportsbook: January 2021
  • Retail partner: Island Resort & Casino owned by the Hannahville Indian Community
  • Licensed by: Michigan Gaming Control Board
  • TwinSpires MI Intro Promo: $1,000 risk-free bet

TwinSpires launched under the BetAmerica brand in the Island Resort & Casino back in July 2020. The iGaming TwinSpires platform became open for business on Friday, January 22, 2021. The betting site offers new users from Michigan a $1,000 risk-free bet welcome bonus which matches the amount of their first settled wager up to $1,000 if it loses. Players must insert a special FREE1000 bonus code during the account registration process to unlock the bonus funds.

TwinSpires Pennsylvania

  • Availability: Online & Retail
  • Launch date: Retail sportsbook—August 2019; Online sportsbook—December 2019
  • Retail partner: Presque Isle Downs & Casino owned by Churchill Downs Inc.
  • Licensed by: Pennsylvania Gaming Control Board
  • TwinSpires PA Intro Promo: $1,000 risk-free bet

TwinSpires began its retail and sports betting journey in Pennsylvania under the BetAmerica brand in 2019. As of April 2021, Churchill Downs Inc. rebranded the sportsbook as TwinSpires, hoping to shake off BetAmerica’s subpar results in the Keystone State. TwinSpires PA offers a $1,000 risk-free bet for all newly-registered players and a score of other free bet promotions for the most loyal bettors.

TwinSpires Tennessee

  • Availability: Online only
  • Launch date: March 2021
  • Retail partner: No retail partner needed under Tennessee gambling law.
  • Licensed by: The Tennessee Education Lottery Corporation
  • TwinSpires TN Intro Promo: $1,000 risk-free bet

TwinSpires went live with its online sportsbook in Tennessee in March 2021. The mobile app and desktop version of the site reward new players from Volunteer State with a $1,000 risk-free welcome bonus bet. The sportsbook will match the first real-money bet with a free bet of equal value up to $1,000 if it loses, which they can claim with the special FREE1000 promo code.

TwinSpires Sportsbook Customer Reviews

The TwinSpires Sportsbook has largely positive reviews from users.

In the Apple App Store, for example, the mobile app has a rating of 4.2 from 366 reviews as of the time of this writing. 

Many customers applaud the app's user experience and the promotions/odds boosts.

The most common complaints I've come across are the app freezing/crashing, the location verification not working, and not being able to withdraw change (meaning you can only withdraw whole dollar amounts, not something like $50.54). 

TwinSpires Educational & Responsible Gaming Resources

Like any form of gambling, there is always a risk of losing your money when sports betting—especially if you don't fully understand how it works. In addition, gambling addiction is a serious problem that is easier to fall into than most people realize.

For that reason, when rating sportsbooks, I considered what kind of educational resources they provide and what responsible gambling resources and limits they have in place.

Educational resources

Unlike most other sportsbooks, TwinSpires has an entire section of its site—called TwinSpires Edge—dedicated to helping customers learn about sports betting and giving analyses of games.

There are even sport-specific betting guides; helping you learn how sports betting works and strategies you can use to win.

TwinSpires Edge releases multiple articles each day—all of which are well-written and helpful. Whether or not you decide to go with TwinSpires as your sportsbook, the Edge is a helpful resource for sports bettors.

Responsible gaming resources & limits

It's clear that TwinSpires cares about making sure their customers are gambling responsibly.

The sportsbook has an entire section of its site dedicated to responsible gaming which goes over the limits available to players, how to make sure you are gambling responsibly, signs of problem gambling, where to get help, and more.

Here is an overview of the limits TwinSpires offers:

  • Deposit limits. Limits how much you can deposit during a daily, weekly, or monthly period.
  • Wager limits. Limits how much you can wager during a daily, weekly, or monthly period.
  • Time limits. Limits how much time you can spend in the TwinSpires Sportsbook each day (measured in hours).
  • Timeout. Block yourself from accessing your account from 72 hours to 365 days.
  • Self-exclusion. Block yourself from gambling with any sportsbook in the state for 1 to 5 years.
If you or someone you know has a gambling problem, you can also call 1-800-GAMBLER to get help.

TwinSpires Sportsbook Alternatives

While TwinSpires is definitely worthy of your consideration, there are some alternative sportsbooks that may be a better fit depending on what you're looking for.

Here are some TwinSpires Sportsbook alternatives to consider:

  • If you want a better intro promo: Caesars
  • If you want a better overall sportsbook: FanDuel
  • If you prefer a deposit match welcome bonus: DraftKings

Want to compare TwinSpires Sportsbook with other options? Use our free sportsbook comparison tool.

TwinSpires Sportsbook FAQs

Is TwinSpires legal?
Yes, TwinSpires is legal and licensed in Arizona, Colorado, Indiana, Michigan, Pennsylvania, and Tennessee.

Can I use cryptocurrency to bet with TwinSpires?
No, currently you cannot use cryptocurrency to deposit or withdraw money into or from your TwinSpires account.

How do I place a bet with TwinSpires?
To place a bet, simply log in, make your selections, hit the betslip button at the bottom of your screen, enter the amount you want to wager, and click “Place Bet”.

Who can place bets with TwinSpires?
Anyone physically located in AZ, CO, IN, MI, PA, or TN that is of legal age (usually 18 or 21) with a valid account can wager with TwinSpires.

Can I deposit and withdraw money outside of a state where TwinSpires operates?
Yes, you can deposit and withdraw money from anywhere. You only have to be in one of the states to actually place a bet.

Does TwinSpires offer live betting?
Yes, 
TwinSpires offers live betting on all major sports.

Does TwinSpires offer early cash outs?
Yes, 
TwinSpires allows you to cash out of most bets early.

Does TwinSpires have a rewards program?
At this time, it does not appear that TwinSpires has a rewards program for sports betting. It does, however, have one for horse racing.

How do I claim the TwinSpires intro bonus?
When you register for an account, use the promo code FREE1000 and make your first deposit. If your first bet loses, you will be refunded with a free bet of up to $1,000. Be sure to use the free bet within 7 days of it entering your account.

>> Ready to join the TwinSpires Sportsbook? Join & access intro promo here.

In this review

Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.