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TwinSpires Review

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Bonuses 82%
Sportsbook 81%
Mobile App 76%
Banking 75%
Promo: $200 Sign Up Bonus
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unibet pros cons icon Pros & Cons
  • Competitive promos and bonuses
  • Fantastic customer support options
  • Sleek and user-friendly betting app
  • Fees for banking could be reduced
markets icon Markets
  • TwinSpires launched in January 2021
  • Currently operational in Arizona, Colorado, Michigan, and more
  • Planning to be operational in Maryland when legal
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  • Tons of sports to bet on
  • No shortage of wagering types
  • Overall great experience
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  • Easy to use on Android and iOS
  • Intuitive and user-friendly
  • No fees for downloading the app

TwinSpires Review: What You Need to Know

Mitchell South

by Mitchell South

Updated Aug 17, 2023 · 11:46 AM PDT

TwinSpires will be exiting the online sports betting space soon and is rumored to potentially sell to another major online sportsbook in the near future. 


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



Here are some other great active online sportsbooks you can choose from:

The TwinSpires sportsbook is a phenomenal online sports betting site from Churchill Downs Incorporated. Best known as the organizers of the Kentucky Derby, Churchill Downs Incorporated have branched off into the world of sports betting, and fans across the US are eager to find out what they have to offer.

People who bet on horse racing have a lot in common with sports bettors, and any equestrian wagering fans will be sold on the TwinSpires sportsbook. However, maybe you don’t bet on horses, or you’re simply unfamiliar with the TwinSpires brand.

With valuable promos and bonuses that rival any competitors in the industry, standard banking options, and an all-around great sportsbook experience, TwinSpires is one of the best sports betting platforms out there.

Keep reading for our full TwinSpires review. We’ll answer some frequently asked questions, give you full details on promo codes, inspect their mobile app, and dive into few other topics along the way. You should feel confident betting with TwinSpires after learning more about them!

Here’s everything you need to know about the TwinSpires sportsbook before you jump in on the action.

Where Is TwinSpires Legal?

TwinSpires is quickly expanding across the US
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The TwinSpires sportsbook is currently legal and available in a total of six states, but we expect that to change as legal sports betting continues to expand across the US.

TwinSpires States

You can download and wager online with TwinSpires in the following states:

TwinSpires States Redeem Promo
TwinSpires Arizona Claim Now
TwinSpires Colorado Claim Now
TwinSpires Indiana Claim Now
TwinSpires Michigan Claim Now
TwinSpires Pennsylvania Claim Now
TwinSpires Tennessee Claim Now

Bettors in these states can easily enjoy everything TwinSpires has to offer. TwinSpires are planning to be operational in Maryland when legal.

We’ll keep this page updated with all the latest information on where TwinSpires is available.

TwinSpires Bonuses

Receive a risk-free bet up to $1,000
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Getting their start in the world of horse racing, TwinSpires has a lot of knowledge when it comes to promo codes. They’ve been attracting bettors to their platform since 1996, so they know what kind of promos and bonuses offer fans the most value.


Use Promo Code SBD


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

Advertising Disclosure

The TwinSpires Sportsbook launched in the US in April 2021, joining many other sportsbooks in crowded and competitive markets across the country. TwinSpires knows they have to offer a strong new user promo, along with valuable ongoing offers, to stand out in states like Colorado, Indiana, and Pennsylvania.

TwinSpires New User Promo

TwinSpires’ best promo, a risk-free bet worth up to $1,000 in bonus funds for new users, can only be activated once. This is standard when you’re registering with a sportsbook, as they like to use huge bonuses to draw you in.

Don’t ignore these first-time bonuses, as they’re among the best in the business! They’re a great chance to make your money go further.

For now, let’s take a closer look at the TwinSpires welcome offer.

TwinSpires Risk-Free Bet

Alright, lets dive into the details of the TwinSpires Sportsbook welcome offer. If you use the TwinSpires promo code SBD when registering, you’ll receive a risk-free bet worth up to $1,000. You can’t miss out on this bonus if you’re registering with the TwinSpires Sportsbook!

The first step is to register with TwinSpires. They’ll ask you for some personal information, but you’ll also see the option to enter a sign up promo code during the registration process.

TwinSpires Promo Code: SBD

Make sure you use the promo code SBD before completing the sign up process. This offer is not available once you’ve already registered, and using the promo code is the most important step in collecting the welcome bonus from TwinSpires.

After using the promo code and completing the registration, you’re qualified to earn up to $1,000 in bonus funds. Just make a deposit and place your first bet, and if it’s a losing wager, TwinSpires will give you a refund in site credit up to a maximum of $1,000.

Here’s a quick recap.

How it works:

  • Register with the TwinSpires promo code SBD
  • Make your first deposit and place your first wager
  • If your bet loses, you receive the value of your first wager in site credit (max $1,000)

Of course, you don’t get anything if your first bet loses. Nevertheless, this is a great welcome offer, and you can bet with confidence knowing your first wager at TwinSpires is risk free!

Ongoing TwinSpires Promos and Bonus Offers

In addition to their fantastic welcome offer, TwinSpires also curates a selection of ongoing promos that will keep you engaged. These usually center around big sporting events, like the Super Bowl or the Olympics, for example.

These ongoing promos can change on a daily basis, so it’s best to check in with TwinSpires to see what they have to offer. Some of the ongoing promos we’ve seen include:

  • Parlay insurance up to $25
  • Parlay profit boosts
  • Live betting bonuses

While these ongoing offers aren’t as valuable as the initial sign up promo, they’re still a great way to get even closer to all the action in your favorite games.

If you want to get your friends in on the fun at TwinSpires, they also have a great referral bonus you can take advantage of!

TwinSpires Referral Promo

The TwinSpires refer a friend program gives you a great opportunity to pad your bankroll just for inviting a friend. You and your friend receive $10 in credit as long as you both complete the requirements.

What you have to do:

  • Sign in to your TwinSpires account
  • Navigate to their “Refer-a-Friend” page
  • Click on “Refer-a-Friend Form”
  • Enter the email addresses for your friend(s)
  • They’ll receive a special code to use when they register

What your friend has to do:

  • Register with TwinSpires using the invitation code
  • Place your first bet
  • You’ll both receive $10 to bet with once the first bet is placed
  • Funds can take up to 24 hours to arrive

TwinSpires doesn’t mention anything about a limit to how many friends you can refer, so the more the merrier!

Now, you might be wondering how you can make your first deposit with TwinSpires. Not to worry, they have some great banking options that are industry standard, which we’ll go through in detail right now.

TwinSpires Sportsbook

TwinSpires is a top-notch sportsbook
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TwinSpires has a massive array of wagers available at their sportsbook, and their interface makes it very easy for a user to navigate and find the event they want to bet on.

Navigating the sportsbook is quite easy, with the options organized by sport. You can find live matches easily by clicking the red “Live Right Now” tab at the top of the menu on the left-hand side or by clicking the “In-Play” button on the top bar. There is also a “Popular” section atop the interface, with a mix of in-season sports and games going on right now.

You’ll also be able to find all your past transactions and bets within your account history.

TwinSpires also offers a robust live betting experience, which includes up-to-the-second live moneyline, point spread, totals, as well as team and player props.

They also offer a bet builder feature, which allows users to make custom same game or same event parlays on a variety of outcomes.

TwinSpires offers a Cash Out feature that allows you to call certain bets early. This feature allows you to secure part of your winnings or cut your losses before the outcome is decided. A Cash Out label will indicate eligible bets on the bet slip or within the “My Bets” tab.

What Sports Can I Bet on at TwinSpires?

As a global platform, TwinSpires’ wagering offerings includes sports and leagues from all around the world. Not all sports will be available in every market, but you’ll find all the big North American and European sports no matter where you’re betting from.

Here’s a selection of the sports you can bet on at TwinSpires:

  • Aussie Rules
  • Baseball (MLB)
  • Basketball (NBA, NCAAB, WNBA, Int’l)
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Golf (PGA, LPGA)
  • Football (NFL, NCAAF)
  • Handball
  • Hockey (NHL, Int’l)
  • Lacrosse
  • MMA (UFC)
  • Motorsports (NASCAR, F1)
  • Netball
  • Rugby (League and Union)
  • Snooker
  • Soccer (Multiple Int’l Leagues. Int’l Competition, World Cup)
  • Sumo Wrestling
  • Surfing
  • Table Tennis
  • Tennis (ATP, WTA, ITF)
  • Volleyball

US college sports are widely available. However, bettors in New Jersey and Virginia are restricted from betting on in-state college events or any events involving teams that represent schools in their respective states.

What Types of Bets Can I Place at TwinSpires?

TwinSpires offers all the standard bet types a bettor wants. Most bet types are available for both traditional, pre-game wagering, and for live (in-play) betting.

You can place the following wagers at TwinSpires:

  • Moneylines
  • Point Spreads
  • Totals (Over/Under)
  • Championship Futures
  • Player Futures
  • Win Totals
  • Parlays and Round Robins (also known as Accumulators, or Accas)
  • Team Props, Player Props, and Game Props

Live Betting at TwinSpires

TwinSpires has an extensive live betting menu with lots of markets to choose from. In-play wagering is one of the best things about online sports betting. The ability to place bets in real time while watching a game is sure to add extra excitement to your experience.

You can find live matches quickly by clicking the “Live Right Now” tab at the top of the left-hand menu or the “In-Play” button on the top bar. The “Starting Soon” tab will also show you which events are on deck.

Odds are updated up-to-the-second so there’s never a dull moment with live betting. You’ll need to act quickly, which is all part of the fun.

Fortunately, the TwinSpires mobile betting app is sleek and reliable, so you won’t have to worry about any delays with live betting!

TwinSpires App

You'll enjoy the TwinSpires mobile betting app
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The TwinSpires app is one of the best in the business. It’s sleek, reliable, and easy to use, even if you’ve never placed a bet before!

Their betting app is available for Android and iOS, so your mobile device will be able to run the app either way. There’s no fees associated with downloading the app, and you can use it to wager on the go from any authorized location. Betting on a mobile device is by far the best way to place a wager, and TwinSpires makes it easy with their dedicated platform.

TwinSpires android (4.8 stars) has a higher rating than TwinSpires for iOS (4.3 stars) but the difference isn’t that great. Users on both platforms seem to enjoy the TwinSpires mobile app.

Some highlighted features we really enjoyed on their app include:

  • Intuitive menus
  • Fantastic live betting features
  • Overall reliable app

So, what are you waiting for? Go ahead and download the TwinSpires mobile betting app so you can see for yourself!

How to Sign Up at TwinSpires

You'll be up and running in no time
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The sign up process at TwinSpires is similar to most other sportsbooks. They’ll ask you for a few pieces of personal information required to complete your registration. These are standard questions, and you don’t have to worry about security or privacy issues with a reputable sportsbook like TwinSpires.

This one-time process will create a TwinSpires login profile for you to use moving forward. Just make sure you have the following pieces of information on hand:

  • Full name
  • Date of birth
  • Home address
  • Last four digits of your Social Security Number

The sign up process is a breeze at TwinSpires as long as you have these simple details! Just keep in mind you must be at least 18 years of age to place a bet in most TwinSpires states, other than Indiana where you must be at least 21.

Speaking of states, let’s dive into where the TwinSpires sportsbook is available.

Banking at TwinSpires

Most standard payment methods are accepted
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Making deposits and withdrawals online is one of the primary advantages of betting with a fully regulated legal sportsbook, and TwinSpires gives you multiple options to choose from. Ten to be exact!

Depositing with EZMoney uses the Automated Clearing House (ACH) method which transfers funds from your bank account or money market account and your wagering account. TwinSpires does not charge a fee for using this method.

If you have set up online banking with your institution, you will be able to deposit by using Online Bill Pay as well.

Credit card deposits can be done with a $5 fee if using VISA or MasterCard and if you provide your CVV code when depositing. While your maximum deposit through credit cards is $1,000/transaction, the true maximums are $3,000/day and $6,000/week. A maximum of nine transactions per day are allowed through credit card deposits.

GreenDot has locations across the country which will allow you to deposit cash directly to your wagering account for a fee of $4.95 charged by GreenDot. On your first deposit the maximum is $250, however, thereafter you can deposit a maximum of $500. Further transaction limits are as follows: $1,500/3 transactions per rolling 24-hour period, $3,500/12 transactions per rolling seven day period and $5,000/20 transactions per calendar month.

For MoneyGram deposits, simply make a deposit at a MoneyGram location in a legal wagering state. MoneyGram will charge a fee of $3.95 per transaction. Deposit limits are $899/transaction or $2,500/day and $2,500/week or up to $10,000/month.

Another cash method to deposit is through PayNearMe. PayNearMe has locations across the country and will charge a $3.99 per deposit. You will be capped at $500 daily deposits and $10,000 per 30-day period.

TwinSpires Minimum Deposits

Deposit limits at TwinSpires will vary on the type of method you choose to make your deposits. In most cases you will find there to be either no limit or limits as low as $1.

Deposit Method Processing Time Minimum Deposit Maximum Deposit
EZMoney 3-5 calendar days $10 $1,000 on first deposit & $2,000 thereafter
EZBank Instant $1 $500
Credit Card Instant $1 $1,000
GreenDot @ the Register First business day after the day deposit is received $20 $500
MoneyGram Instant No limit $899
PayNearMe Approx. 15 mins $1 $500
Bank Wire Transfer Instant $1 No limit
On-Site Deposits Instant $1 $10,000
Check or Money Orders Up to 5 business days from receipt $1 $10,000
PayPal Instant No limit $1000

How Does TwinSpires Payout?

TwinSpires offers multiple ways to make a withdrawal from your account. These include online, by phone, in-person, or through PayPay or EZMoney.

If you have set up EZMoney as a means to deposit (and have made a successful deposit), you will also be able to use it as a means to withdraw. Your account will also need to be verified to use this withdrawal method.

Otherwise, when withdrawing online you will need to navigate to the My Account icon near the top right of the page. From there you will click “My Funds” and then “Withdraw” to request a check that will be mailed to your address on file.

Mailed checks will also be sent out for withdrawals requested by phone. These requests can be made from 9:00am – 12:00 am EST.

In-person withdrawals can be made at the US Bank kiosk at the Churchill Downs Racetrack and also at Keeneland Racetrack, The Red Mile, Arlington Park (plus its OTB’s), Fair Grounds Racecourse (and its OTB’s), as well as at Scioto and Emerald Downs.

Withdrawal Method Processing Time Minimum Withdrawal
EZ Money 3-5 calendar days No limit
PayPal 2-6 business days $20
Online Within 5 business days N/A
Phone Within 5 business days N/A
In-Person Instant N/A

Customer Service

Rest assured you won't be stranded at TwinSpires
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TwinSpires has some of the best support in the entire sports betting industry when it comes to customer service. They offer a few ways to contact them, bringing added flexibility for customers if they do run into problems.

You shouldn’t expect to run into many issues with a sportsbook like TwinSpires, but if you do, you can contact them via the following methods:

TwinSpires was incredibly helpful with answering some of the questions we had. Don’t hesitate to reach out in the rare case you run into an issue with TwinSpires.

The Bottom Line

All in all, the TwinSpires sportsbook is a phenomenal platform for anyone looking to bet on their favorite sports. From competitive promos on a user-friendly app, to the overall wagering experience and helpful customer support, TwinSpires is one of the best betting platforms out there.

This might not come as a surprise to anyone who has experience betting on horse racing with TwinSpires, but you can wager confidently on games knowing their sportsbook is just as good.

We’d love to see TwinSpires bring their excellent service to more states across the nation. Until then, enjoy the action with TwinSpires!

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*Terms & Conditions apply to all sports bonus offers. Please visit operator’s website for details.
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