Upcoming Match-ups

Kentucky Derby Betting Promos for 2024: Get Up to $910 to Use on the Derby

Matt McEwan

by Matt McEwan in Horse Racing News

Updated May 4, 2024 · 12:01 PM PDT

Horses lining up at Churchill Downs during the week of the Kentucky Derby
Outrider horses sit on the track Thursday, May 2, 2024, attending Thurby at Churchill Downs in Louisville, Kentucky.
  • There are two horse racing apps offering great signup bonuses to any new users to their platforms
  • New users can get up to $910 in bonuses to use on the Kentucky Derby
  • Claim your signup offer with TwinSpires and/or FanDuel Racing below

If you’re planning to bet the Kentucky Derby on Saturday, May 4, be sure you take advantage of the KY Derby promos that are available. There are two great horse racing betting apps that are offering top notch bonuses for both new and existing customers. Depending on the state you reside in, you can get up to a $500 no sweat first bet through FanDuel Racing and/or upwards of $410 in bonuses at TwinSpires. Read more about these bonuses and claim either/both below.

Kentucky Derby Betting Promos

Both FanDuel Racing and TwinSpires are offering can’t miss betting promos for the Kentucky Derby. TwinSpires’ offer is a little more straightforward, while the max value of FanDuel Racing’s promo depends on where you live. Check out the table below to see what you qualify for:

Racebook States Signup Offer
TwinSpires AL, AR, CA, CT, DE, FL, IL, IA, KS, KY, LA, MD, MA, MT, NH, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, and WY $410 in Bonuses
FanDuel Racing AR, CA, DE, FL, ID, MN, MT, NH, NM, ND, OR, RI, SD, and WA $500 No Sweat First Bet
FanDuel Racing Massachusetts Up to $320 in Bonuses
FanDuel Racing Ohio Up to $320 in Bonuses
FanDuel Racing AZ, CO, IL, IN, KY, LA, MD, MI, NY, PA, VA, WV, and WY Up to $170 in Bonuses

If you click on the FanDuel Racing promos for Massachusetts, Ohio, or any of the legal sportsbook states (final row of the table), you will be directed towards a sportsbook signup page. This is to ensure you get the most for signup up with FanDuel. You will first claim the sportsbook promo, which is a bet $5 and get $150 or $300 (depending on your state), and then head over to the racebook to opt in to the $20 no sweat first bet for the Kentucky Derby.

You can read a little more about each of TwinSpires and FanDuel Racing’s Kentucky Derby promos below.

TwinSpires Promo Code “SBD” Gets Up to $410 Signup Bonus

If you’re new to TwinSpires, you can claim up to $410 in bonuses for using promo code SBD when signing up ahead of the Kentucky Derby. The full value is broken down into two different bonuses: (1) a $400 signup bonus and (2) a $10 money back offer. The former is only available to new users, since it is a signup bonus, and requires the code SBD, while the latter is available to all players and does not require any code.

The $400 signup bonus comes with some important terms and conditions to know:

  • The bonus will be credited to your account in increments of $100
  • Each $100 increment will be released after $400 is wagered

Get a $400 Bonus When You Sign Up at TwinSpires with Promo Code SBD!



This means the bonus can be worth either $100, $200, $300, or $400 depending on how much you wish to wager. In order to claim the full $400 bonus, you would have to wager $1,600. The good news is you have 30 days from creating your account to claim the full bonus, meaning you could bet $400 on Derby Day and have $100 in bonus cash released, then bet another $400 prior to your 30-day window closing (maybe on the Preakness Stakes on May 18) and receive another $100 in bonus cash.

Here’s what you’ll need when signing up for a new account at TwinSpires:

  1. Provide your preferred email address and create a username & password
  2. Have a piece of government-issued ID ready (driver’s license, SSN etc) to verify your identity and address
  3. Have your preferred deposit method available

TwinSpires' money back offer for Kentucky Derby

The $10 money back offer is much simpler. All you need to do is opt in and you will receive up to $10 back on your first single horse “to win” bet as long as your horse runs 2nd or 3rd in the race. Again, this offer can be claimed by all users. So, if you find it a little too difficult to satisfy the requirements for the $400 signup bonus, you can always just fall back on TwinSpires’ money back offer.

FanDuel Racing Promo Offers a $500 No Sweat First Bet

FanDuel Racing is offering new players a great . This means you can wager up to $500 on your first bet, and if it loses, you will win your full wager back (up to $500) in bonus credits. FanDuel Racing’s promo is available right now and through to the start of the Kentucky Derby on May 4th.

In order to claim the $500 no sweat first bet, you must

  1. Reside in one of the following states: AR, CA, DE, FL, ID, MN, MT, NH, NM, ND, OR, RI, SD, or WA
  2. You must be a new user to FanDuel. (So, if you have been using their sportsbook in a state with legal online sports betting, you unfortunately will not be able to claim the $500 no sweat first bet. If this is you, scroll down a little further)
  3. Make a minimum first deposit of $10
Get Up To $170 in Bonuses When You Sign Up at FanDuel Racing!
Must be 21+. FanDuel Racing available in AZ, CO, IL, IN, KS, KY, LA, MA, MD, MI, NY, OH, PA, TN, VA, WV, WY.
UP TO $170


Your refund will be issued in non-withdrawable Racing site credit, in the amount that you wagered (up to $500), that will expire seven days after receipt. So, be sure to use it within those seven days. (Sadly, the Preakness Stakes is two weeks after the Kentucky Derby.)

Get Up to $320 in Bonuses at FanDuel for KY Derby & NBA

FanDuel is offering all customers in AZ, CO, IL, IN, KY, LA, MD, MA, MI, NY, OH, PA, VA, WV, and WY a bonus for the Kentucky Derby as well. If you reside in one of the previously mentioned states and are already using FanDuel Racing or FanDuel Sportsbook, you can claim a $20 no sweat first bet for the Kentucky Derby. It’s far from $500, but it’s still something!

However, if you reside in one of those states and are not an existing customer, you can claim their sportsbook signup offer and then also get the $20 no sweat first bet for the Kentucky Derby. Just be sure to meet the requirements of their sportsbook offer first (bet $5 on any sporting event, which does not include horse racing), then go to the racebook and opt-in to the $20 no sweat first bet.

If you find yourself in the great state of Ohio, you can bet $5 to get $300 in bonus bets if your bet wins and then claim the $20 no sweat first bet for the Derby. If you’re in Massachusetts, you get the same offer – bet $5, get $300 in bonus bets if your bet wins on top of the $20 no sweat.

Finally, if you’re in one of the other 12 states from above, then you can bet $5 to get $150 in bonus bets if your bet wins and then get the $20 no sweat for the KY Derby. .

Author Image