TwinSpires is a top-notch online racebook that provides a big sign-up bonus, many ongoing promotions, and a solid rewards program. New customers can get up to $200 in bonus credits just by signing up, and there are also many betting profit boosts, money-back deals, and leaderboard contests available for current horseplayers.

This TwinSpires betting guide will explain how to claim the welcome bonus. We will also highlight the main strengths of the site and the mobile app, and discuss the deposits, withdrawals and customer service, too.

25% up to $200, minimum deposit $10, rollover 1x

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How to Claim your Bonus with the TwinSpires Promo Code

  1. Click our “Claim Bonus Now” link to visit TwinSpires.
  2. The landing page will highlight the sign-up offer, and you can then hit the “Claim Now” button to open the registration form and add BET200 to your account.
  3. Fill in the TwinSpires betting site sign-up form with your personal details and verify your account.
  4. Make a deposit in the online cashier.
  5. Complete the 4x release requirement to unlock up to $200 in bonus credits.

The Latest TwinSpires Promo Codes

There are lots of TwinSpires betting bonuses for new and existing customers. The chart below highlights the latest promos on offer at this online racebook.

Bonus Name Bonus Description Bonus Code Rollover Min Deposit
Racebook Welcome Bonus 25% up to $200 BET200 1x $10
Profit Boosts 25% or 50% profit boosts on winning bets N/A N/A $10
Insurance Bonus Money back if your horse finishes second N/A N/A $10
Leaderboard Contests Win a share of $10,000 N/A N/A $10
Bankroll Builder Bet and get bonus up to $200 N/A N/A $10

Top TwinSpires Promo Codes & Bonuses

The top TwinSpires betting bonuses can enhance your long-term chances of making a profit as a horseplayer. These bonuses are also useful to take advantage of before major events like the Breeders’ Cup. It’s wise to do some research before using your bonus to make a selection, as stats and trends can be very helpful— for example, when looking at Kentucky Derby stats, did you know that 19 Derby winners all began with the letter S, which is more than any other letter?

But, back to the bonuses, and these are the top TwinSpires promo codes and bonuses to claim:

Sign-Up Bonus

TwinSpires Sign-Up Bonus

Although TwinSpires no longer offer Kentucky sports betting, their sign-up promo for horse racing will earn you up to $200 in bonus credits. To qualify, you simply need to create an account, make a deposit and bet on any races you like the look of. When you have placed $400 worth of wagers, you will unlock $100 in bonus funds.

You can then place another $400 worth of bets to earn the next $100 in bonus money. TwinSpires will give you 30 days to place your qualifying bets and redeem the bonus credits. They will come with a 1x rollover requirement. You can use them on any races, and any profits earned will be paid in cash.

Profit Boosts

TwinSpires Profit Boost

The TwinSpires betting site offers a range of profit boost tokens each week. These promos enhance your cash winnings on certain bets. For example, you might be offered a 25% boost on any winnings earned when you bet on races at a few specific tracks, as highlighted in the image shown above.

TwinSpires regularly offers a 50% profit boost on winning Daily Double wagers too. They require you to pick the winner of two separate races at the same track. Another regular promo, Trifecta Tuesdays, earns horseplayers a 15% profit boost on any successful trifectas placed on a Tuesday.

Insurance Bonus

TwinSpires Insurance Bonus

These money back specials generally provide you with a rebate if your chosen horse finishes second. They are often available on specific international races, where you can earn up to $10 back, but there are also larger insurance offers on domestic races. Sometimes you will get the rebate if your horse finishes second or third

You need to place a win bet to qualify for this type of promo. Your rebate will be paid in bonus funds, with a 1x wagering requirement.

Leaderboards

TwinSpires Leaderboard

Leaderboard challenges give you an exciting opportunity to win bonus funds. You can qualify by betting a minimum of $10 on any of the designated races. TwinSpires will award 100 points for first place, 50 points for second place and 25 points for third place. Players are ranked in descending order, and prizes can range from $2,000 for the winner to $100 for the player that finishes 20th.

Bankroll Builder

TwinSpires Bankroll Builder

There are various “bet and get” promos on offer at the TwinSpires betting site. You need to place one or more qualifying wagers to earn the bonus credits, so these deals are similar to the sign-up bonus, but they are for existing customers.

“Bankroll Builders” is one example. It offers five different options:

  • Bet $50, Get $10
  • Bet $100, Get $20
  • Bet $250, Get $50
  • Bet $500, Get $100
  • Bet $1,000, Get $200

Your bonus funds always come with a 1x wagering requirement.

Types of TwinSpires Bonuses & Promos

The bonuses and promos on offer at TwinSpires can broadly be divided into three categories:

Welcome Bonus

The sign-up bonus is for new customers only. That means you can only redeem the offer once. It comes with very flexible wagering requirements, as you simply need to wager $400 within your first 30 days as a customer to unlock $100 in bonus funds.

There are no upper or lower limits on the amount you need to deposit, as you just need to wager $400. You can either do so via a single bet or lots of smaller bets. If you then wager another $400, you will get another $100 in bonus funds. These bonus funds come with a 1x wagering requirement, and they can be used on any races.

Ongoing Promos

The additional bonuses are for all customers, so you can claim them on a continuous basis. Simply visit the “Offers” page at the TwinSpires betting site to see what is available each day or week. You will see a range of deals, including profit boosts, money back specials and contests.

Rewards Program

The TSC Elite program has been running at Churchill Downs in Kentucky since 1995. It was incorporated into TwinSpires when the site launched in 2012. You will be enrolled automatically when you sign up for an account with this online racebook.

It awards you 1 point for every $1 wagered on a regular track, or 4 points per $1 wagered at any of the tracks owned by Churchill Downs Inc.: Churchill Downs, Fairgrounds, Presque Isle, Ocean Downs, Arlington, Turfway Park and Miami Valley Raceway. You can then redeem your points for wagering credit. Various bonuses offer points multipliers too.

If you wager $12,500 per year, you will qualify for the Bronze tier of the VIP program. You move up to Silver by wagering $50,000 per year, Gold if you bet at least $100,000 and Platinum if you wager $250,000 or more in a year. The perks and point multiplier rates improve as you move up to a higher level.

Who Can Claim a TwinSpires Bonus?

  • You need to be 18 or older to claim a TwinSpires bonus.
  • Horseplayers must be physically located in a state in which TwinSpires is legally available to claim a bonus.
  • You will qualify if you are located anywhere in the United States apart from Alaska, Georgia, Hawaii, Maine, Mississippi, Nevada, New Jersey, North Carolina, South Carolina, Texas, Utah, plus Washington DC.
  • The sign-up bonus is for new customers only, but existing players can redeem weekly promos.
  • TwinSpires bonuses are not available if you are based outside the United States.

TwinSpires Promo Code & Bonus T&Cs

There are some basic terms and conditions to consider with any TwinSpires promo. These are the key conditions to look out for:

Minimum Deposit or Minimum Bet

There is no minimum deposit or minimum bet requirement on the sign-up bonus at TwinSpires. However, certain promos have a minimum bet. For example, you need to bet $50 or more to get 20% back in bonus credits via certain promos.

Release Requirement

The welcome bonus essentially has a 4x release requirement. You need to place $400 worth of bets to release $100 in bonus credits, and you can then wager another $400 to release the second $100 in bonus funds.

Rollover Requirement

The bonus funds on offer at the TwinSpires betting site invariably come with a simple 1x rollover requirement. That means you have to play them through once, and your profits will then go into your TwinSpires cash balance, where they can be withdrawn or used to place more wagers.

Expiry Dates

There are expiry dates on some TwinSpires promos. For example, you will be given 30 days to place $800 worth of bets when you claim the sign-up bonus. If you do not wager $800 within that 30-day period, you will no longer be eligible for any more bonus credits. All promos for existing TwinSpires customers will expire too, as they are seasonal offers, so claim them before they disappear.

TwinSpires Login: How to Sign Up & Claim a Welcome Bonus

Click the “Claim Deal Now” button on this page and it will open the TwinSpires website. You will be greeted with a “$200 Sign Up Bonus” message. Click “Join Now” on the landing page, and it will explain: “Open your TwinSpires.com account using offer code BET200 and start earning your $200 bonus right away!”

TwinSpires Sign-Up Bonus

Step 2: Hit the “Claim Now” Button

Click the blue “Claim Now” button and BET200 will be added to the sign-up form as your promo code.

Step 3: Fill in the Form

The registration form is divided into three parts, and it asks for standard personal details and contact details. When you have completed it, you may need to verify your account by uploading documents.

TwinSpires Sign-Up Form

Step 4: Make a Deposit

When TwinSpires has approved your account, navigate to the cashier and choose “Deposit.” Enter the amount you would like to deposit, click the green button and provide your details.

TwinSpires Deposit

Step 5: Place Your Qualifying Bets

Find a race you like and add a bet to the betslip. Enter the bet amount and click “Submit Bet.” Repeat this process until you have wagered $400, at which point you will be given $100 in bonus funds. Do that again to receive another $100 in bonus credits.

TwinSpires Betslip

Mistakes to Avoid when Claiming a TwinSpires Bonus

The TwinSpires bonuses come with very simple terms and conditions. However, you there are some common mistakes that you should avoid:

  • Time Limits: Make sure you place your qualifying wagers within the 30-day window, as failure to do so will result in the opportunity disappearing.
  • Opting In: You need to opt-in once to benefit from the money back specials, so do not overlook this simple step.
  • Minimum Bet: Only bets worth $10 or more qualify for the leaderboard contests, so remember to hit that threshold if you want to be in contention for prizes.

How TwinSpires Bonus Compares to Other Top Gambling Sites

The TwinSpires betting bonus is more attractive than some others, as it rewards you with bonus credits regardless of whether your bets win or lose. It also offers more boosts and ongoing bonus bets, though admittedly some competitors offer appealing exacta insurance deals and cash back specials.

TwinSpires Review

  • Website: twinspires.com
  • Payout time: Within five days
  • Established: 2007
  • License: Legal in 39 states
  • Headquarters: Louisville, Kentucky
  • Restricted states: Alaska, Georgia, Hawaii, Maine, Mississippi, Nevada, New Jersey, North Carolina, South Carolina, Texas, Utah, plus Washington DC

Churchill Downs Incorporated, the Kentucky Derby organizer, launched TwinSpires in 2007 as a pari-mutuel betting site. It is now available in 39 states. The brand made a brief foray into online sports betting and casino gaming, but it then decided to wind down those operations to concentrate solely on horse racing, although there are still options for residents looking for Kentucky casino apps. Its racebook offers advanced handicapping tools, loads of features and helpful past performance data.

You will find extremely detailed past performance data when browsing races at this site. That can help you make astute wagering decisions. There are lots of free handicapping tools too, along with details of scratches, carryovers and so on, and you can pay for highly advanced handicapping information, too.

All of these tools are ideal for betting on the Kentucky Derby, which grows in popularity over the years – indeed, 2022 saw a record $179m wagered on the Triple Crown race. In fact, betting on horse racing remains as popular as ever, and is gaining momentum in recent years Stateside with the forecast market size to be over $3.5 billion in 2022 – a recovery from a short decrease around the time of Covid.

The site and the mobile app are both easy to use once you get the hang of the layout, and they cover a huge volume of US and international races each day. The TwinSpires live racing streams are also very sharp. You can watch action from around the world within the TwinSpires live racing streaming section. There are loads of educational tools too, plus news articles, features, tips and picks.

It was interesting to see Churchill Downs Inc. branch out by launching an online sportsbook and casino. However, it refused to match the promotional spend of some rivals and decided to wind down those TwinSpires online betting operations and focus solely on horse racing – indeed, they now have one of the best horse racing betting apps.

It is the market leader in this space, and you will not find a better online racebook in the country. The company is starting to provide white-label racebook software, but TwinSpires remains the best site for serious horseplayers.

What we like:

  • Offers a wealth of past performance data
  • Loads of advanced handicapping tools
  • Allows you to live stream hundreds of races per day
  • Lots of great bonuses and promotions
  • Reliable and trusted online racebook

What we don’t:

  • No longer offers a casino or sportsbook
  • Can be a little overwhelming for beginners
  • Charges credit card deposit fees

Deposits & Withdrawals (4/5)

For those not up to speed with the best crypto betting sites, then fear not, as TwinSpires is a racebook offering a huge selection of traditional deposit and withdrawal options. We have listed them in the chart below, but you can also opt for cash payments at the company’s horse racing tracks: Churchill Downs, Fairgrounds, Presque Isle, Ocean Downs, Arlington, Turfway Park and Miami Valley Raceway.

Deposits are instant, while withdrawal speeds are variable. One downside is that you will be charged fees for various deposit methods, so we recommend using one of the free options. All payments are secure and reliable.

Payment methods available at TwinSpires:

Payment Method Deposits Withdrawals Fees Payout Speed
Visa $5 N/A
MasterCard $5 N/A
Online Banking N/A Up to 5 days
Mazooma / EZ Bank N/A Up to 5 days
MoneyGram Variable N/A
PayPal N/A Up to 5 days
Play+ N/A Up to 5 days
Skrill N/A Up to 5 days
VIP Preferred/ACH N/A Up to 5 days
PayNearMe $3.99 N/A
Wire Transfer Variable Up to 5 days
Check Variable Up to 15 days

TwinSpires Security & Safety (5/5)

There are no security issues to worry about at TwinSpires. It has been operating for more than 15 years, and it has an excellent security record. The company uses SSL encryption to protect sensitive information, and it also uses a strong firewall.

TwinSpires is licensed and regulated. It is a legitimate operator owned by a famous American company – Churchill Downs Inc. – so you can rely on it to provide secure and dependable payouts when you win.

TwinSpires Customer Support

TwinSpires does not offer 24/7 customer support, but you will not find many races of note to bet on after midnight anyway, so it covers the main trading hours. It offers phone support, live chat and email, along with a very thorough FAQ section. The representatives are quick to reply, friendly and knowledgeable.

  • 9 a.m. ET to midnight ET
  • Live chat available
  • Email: [email protected]
  • Phone: 1-877-774-7371
  • FAQs section

TwinSpires FAQs

Why is TwinSpires different from other betting sites?

Is TwinSpires legit?

Can you win real money at TwinSpires?

How can I use the TwinSpires bonus?

How do I enter my TwinSpires bonus code?

What casino games does TwinSpires offer?

Does TwinSpires offer live betting?