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TwinSpires Review

Last updated on: June 30, 2022
Bonuses
5
Casino bonus score

TwinSpires offers a solid welcome bonus of up to $200 with reasonable conditions. There are no hidden terms and wagering requirements are reasonable. On top of that, you can also claim a range of other promotions available to all registered users.

Welcome bonus
$200 free bet
Other promotions
Free bets, cashback, bet insurance, trifecta boost
VIP
TSC Elite VIP program
Additional details
Use bonus code: BET200
Qualifying bet: No minimum bet amount
Wagering requirement: 1x bonus
Payment Methods
5
Payments score

TwinSpires cover an excellent range of payment methods which includes everything from top credit/debit cards to eWallets. The only downside is that they charge a few for depositing with most of the popular options.

Deposits
Min: $1
Max: $1000
Min: $1
Max: $1000
Min: $1
Max: $1000
Min: $1
Max: $1000
Min: $1
Max: $500
Withdrawals
Min: $0.01
Max: $1000
Sports & Features
5
Overall sports and features provided

TwinSpires is one of the best-known racebooks in the US so it’s no wonder they cover such a wide scope of events. You can bet on both US and international races, all while enjoying the full range of the latest features, such as live streaming.

Sports
Horse racing Horse racing
Features
Live Streaming
Security
5
Security score

TwinSpires is a respected US racebook that is part of the Churchill Downs, a publicly traded corporation. They are 100% safe and secure operators that hold all the necessary licenses in every state where they do business.

Encryption
Support
5
Customer support score

You can reach out to TwinSpires customer support via live chat, phone, or email. Additionally, you can also browse their extensive FAQs section and try to find a solution on your own. The only downside is that the support is active only from 9 am to 12 am.

Live Chat
9 am to 12 am
Phone number
Email
Interface
5
Casino interface score

TwinSpires is a racebook with a stellar reputation and excellent selection of horse racing bets. They have a great welcome bonus, as well as a market-leading live streaming platform. On top of that, the TwinSpires bespoke app for iOS and Android is among the best ones on the market.

Offer
BONUS
$200 free bet
7
TwinSpires is one of the biggest and most well-known horse racing betting sites in the US. Famed for live streaming, high caliber mobile apps and an extensive range of races covered from the US and around the world. In this review, you’ll find out whether it lives up to the hype.

TwinSpires Welcome Bonus

The TwinSpires $200 welcome bonus compares well with other sign-up offers available with alternative sites. You’ll receive $100 bonus for every $400 wagered, meaning that you have to bet at least $800 to receive the maximum bonus.

The wagering requirements are pretty reasonable and the bonus amount is substantial.  The table below contains all the info you need to unlock the TwinSpires welcome offer.

TwinSpires welcome bonus
twinspires welcome bonus
Bonus$200 in free bets
Bonus percentageN/A
Wager requirementsBonus x1
Time to complete wagering30 days
Expiry dateNone specified
Minimum odds-150
Race restrictionsNone
TwinSpires promo codeBET200

As you can see, this is a generous bonus and TwinSpires give you an adequate period of time to fulfill the wagering requirements. It is a plus that you can bet on both domestic and international races and overall, it is a solid sign-up offer.

TwinSpires Bonus T&Cs

When taking advantage of a welcome bonus it is always prudent to closely read the terms and conditions. The TwinSpires Bonus T&Cs are not as stringent as some other betting sites.

There are odds restrictions and wagering requirements but overall, you won’t have to jump through too many hoops to unlock the TwinSpires welcome bonus.

Now, we’ll look at the TwinSpires $200 Free Bet welcome offer in closer detail. In the list below we explain exactly how the odds restrictions, wagering requirements and all the other T&Cs work.

Wagering requirements

You get a $100 bonus for every $400 wagered within the first 30 days after registering an account with TwinSpires. A total spend of $800 is required to unlock the maximum possible bonus.

Minimum odds

As is the case with a lot of welcome offers, odds restrictions apply to qualifying bets. To claim this bonus your qualifying bet must be placed on a wager with odds of at least -150 (1.67). If the wager is placed at -151, it won’t activate the bonus.

How to claim TwinSpires Sign-up Bonus

It is really simple to claim the TwinSpires sign-up bonus. The most important thing to remember is the TwinSpires promo code BET200. When you register you’ll see a box where the code must be entered. Just follow the steps below:

1
visit twinspires
Visit TwinSpires

Click through to TwinSpires via one of our links.

2
sign up
Enter promo code

Hit the green ‘Join Now’ button, enter the promo code BET200 and make a deposit.

3
place bet
Place a bet

Wager $400 to unlock the first $100 bonus.

Horse Racing Betting at TwinSpires

TwinSpires is closely associated with Churchill Downs racetrack so it is no surprise that horse racing betting is their top priority. They also have a separate sportsbook but their main focus is on horse racing betting and you can wager on horses online with TwinSpires in over 30 states.

International and domestic racing is covered at TwinSpires, including races from the UK, Ireland, South Africa, Japan, Australia and a few more. TwinSpires have 13 different bet types, live streaming (limited number of tracks) and the site is very user-friendly and easy to use.

Types of Horse Racing Available to Bet On

Betting is available on thoroughbred flat racing, steeplechasing and harness racing. Endurance horse racing betting is not covered by TwinSpires (or any other site that we know of). Greyhound betting is also on the menu at TwinSpires.

Endurance racing

Endurance horse racing is a fascinating sport with horses racing over marathon distances. The Mongol Derby is one of the most famous endurance races and it is run over a distance of 1000 km. In the US the most common distance is a more modest 50 miles. However, TwinSpires don’t offer betting on endurance races and neither do most other betting sites.

Once you log in you can filter races by the two main categories, Thoroughbred and Harness. Alternatively, races can be filtered by start time or meeting.

Flat Racing

This is the most popular type of race with US bettors. Flat racing is held either on dirt or turf on an oval racetrack. The horses start from stalls and race over distances ranging from four furlongs to two miles. The biggest flat races in the US are the three Triple Crown events, as well as the Breeders’ Cup.

Flat racing at TwinSpires
Bet types

Win, Place, Show, Exacta, Trifecta, Superfecta

Major races

Kentucky Derby, Preakness Stakes, Belmont Stakes, Breeders’ Cup

Odds

Competitive

Min/max bet

$2/$2,500

Steeplechasing

Steeplechasing works the very same as flat racing apart from one major thing – the horses have to jump over obstacles (fences). Steeplechase races are run over longer distances than flat races.

Far Hills in New Jersey hosts the biggest steeplechase meeting in the US but it is in the UK, Ireland and France where steeplechasing is most popular. You can bet on races from those countries on TwinSpires.

Steeplechasing at TwinSpires
Bet types

Win, Place, Show, Exacta, Trifecta, Superfecta

Major races

US Grand National, Aintree Grand National, Cheltenham Gold Cup

Odds

Competitive

Min/max bet

$2/$2,500

Harness Racing

Harness racing is the third most popular horse race type with US Bettors. This event sees a horse pull a sulky/cart and driver. There are two disciplines, trotting and pacing and there are Triple Crowns for both.

The tracks most associated with harness racing in the US are Meadowlands and Yonkers. The bet types are identical to those available for flat and steeplechase races and TwinSpires cover all the biggest harness races.

Harness racing at TwinSpires
Bet types

Win, Place, Show, Exacta, Trifecta, Superfecta

Major races

US Grand National, Aintree Grand National, Cheltenham Gold Cup

Odds

Competitive

Min/max bet

$2/$2,500

TwinSpires Edge Blog and Betting Picks

As is the case with quite a few sportsbooks and horse racing betting sites, TwinSpires have their own blog where you can get insight and betting picks for a range of sports, including horse racing.

TwinSpires horse racing previews are pretty thorough and they use a number of different columnists. Keeler Johnson, Vance Hanson and Jason Beem are all solid contributors and overall, the racing content on the TwinSpires blog is up there with the best around.

  • Relevancy

    Very relevant to what is happening in the horse racing world. You get opinions on the biggest issues surrounding the sport as well as betting tips.

  • Reliability

    There is no information available on the long-term strike rates of TwinSpires tipsters. The reasoning behind their picks seems sound though and they don’t just focus on favorites which is a positive.

  • Update frequency

    Updated daily with betting picks and opinion pieces. Some columnists have weekly articles.

  • Coverage of US races

    Most of the daily racing content focuses on US horse racing only.

  • Coverage of other races

    Minimal coverage of racing in other countries apart from the major meets like Royal Ascot, Cheltenham and The Grand National.

  • Media format

    The vast majority of content on the Twin Spires horse racing blog is in written form. Some video highlights can be accessed also.

Odds Comparison

Any horse racing bettor serious about making a profit is well aware of the huge importance of odds. It’s pretty simple, the better the odds, the more money you win. So, we compared the odds on offer from TwinSpires for three random races with two prominent horse racing betting sites to see if they are offering their customers the best odds.

 TwinSpires %TVG %FanDuel Racing %
Race 1109.39%110.27%111.87%
Race 2110.37%111.15%109.75%
Race 3111.28%109.96%110.79%

TwinSpires Bet Slip

Placing a horse racing bet at TwinSpires is nice and easy. Just click on the odds and the bet is added to a bet slip on the right-hand side. Wager type and stake can be adjusted via the drop-down menus at the top of the race page and if you click on the ‘Advanced Options’ tab on the bet slip you can share your bet with your friends.

Betting Markets

The range of betting markets on offer for horse racing at TwinSpires is satisfactory. Most bettors will be able to find their preferred betting markets. As well as futures betting on races like the Kentucky Derby, for each individual race there are a total of eleven different bet types to pick from at TwinSpires.

Most popular racing markets
  • Win
  • Place
  • Show
  • Exacta
  • Trifecta
  • Superfecta
  • Pick-4
  • Win/Place/Show
  • Win/Place
  • Win/Show

US Vs International Racing Coverage

TwinSpires do not prioritize US Racing over International racing and that is a good thing. Both are given equal exposure on the TwinSpires site and it is pretty easy to find races from all jurisdictions.

US Races

TwinSpires has an excellent selection of races and racetracks for bettors to choose from. You can place wagers on all the Triple Crown Races, The Breeders’ Cup and the Arlington Million.

US races at TwinSpires
States with tracks

AZ, AR, CA, CO, DE, FL, ID, IL, IN, IA, KY, LA, ME, MD, MA, MI, MN, NE, NJ, NH, NM, NY, OK, OR, PA, TX, VA, WV, WY

Total tracks

106

Pre-race stats

Advanced (speed/class/pace)

Bet types

Win, Place, Show, Exacta, Trifecta, Superfecta

Non-US Races

TwinSpires has extensive coverage of horse racing from Europe, South Africa, Asia and Australia/New Zealand. They cover Irish, UK and Swedish racing and you can also bet on the Prix de l’Arc de Triomphe in France with TwinSpires.

International races at TwinSpires
Countries with tracks

Ireland, UK, South Africa, Sweden, Japan, Australia, New Zealand, Dubai

Total tracks

106

Pre-race stats

Advanced (speed/class/pace)

Bet types

Win, Place, Show, Exacta, Trifecta, Superfecta

TwinSpires Features

Being able to place a wager on a horse race is just one aspect of playing at TwinSpires. They also have several features that enhance the overall betting experience. These tools don’t guarantee wins but you can use them to your advantage and they will help to improve your overall horse racing betting game.

  • Live streaming

    Free live streaming from every major racetrack in the US and around the world on TwinSpires TV. Interactive interface which allows bettors to place wagers as they watch.

  • Race replays

    Access a huge archive of race replays which can be searched for via the name of the horse, the track or the date.

  • Form guides

    Get breakdowns of races in three categories: Speed, Class or Pace. TwinSpires also has stats for the major US Tracks (post position bias/track bias/run style). Free Past Performance.

Payment Methods at TwinSpires

If you are unable to deposit real money, then there is no way to place real money bets. That is why it is vital to check the available payment methods at TwinSpires (or any other betting site) before signing up.

At TwinSpires there are quite a few options for depositing cash, including online, via the TwinSpires mobile apps and in the real world. Walk-in deposits can be made at Churchill Downs, The TwinSpires.com Call Center in Kentucky and Scioto Downs in Ohio.

Bettors can also fund their accounts by using personal checks, but these take five days to clear. All other TwinSpires payment methods can be viewed in the tables below.

  paypal logo mastercard logo visa logo “amex“paynearmeEZMoneyEZBankMoneyGramGreen Dot
Minimum/Maximum Deposit$1/$1000 per day$1/$1000$1/$1000$1/$1000$1/$500$10/$2000*$1/$500$1/$899$20/$500
Minimum/Maximum Withdrawal$0.01/$2500N/AN/AN/AN/A$0.01/$2000*N/AN/AN/A
Withdrawal Time2-3 DaysN/AN/AN/AN/A3-5 DaysN/AN/AN/A
Fees$5 dep/$1 wd$5 for every deposit$5 for every deposit$5 for every depositFreeFreeFreeFreeFree
Withdrawal Method (Yes/No)YesNoNoNoNoYesNoNoNo

TwinSpires Mobile App

Millions of Americans are starting to use their mobile devices and tablets to bet on horse racing. TwinSpires have designed excellent mobile apps tailor-made for android devices, iPhones and iPads.

The bespoke TwinSpires iPhone App was a pleasure to use. It worked smoothly and the live stream quality was top-notch. You can download it from the App Store.

The TwinSpires iPad App can also be downloaded at the App Store. The fast wager pad was a feature we really liked and again, the entire process from downloading to signing in and betting was seamless.

It is more of the same as far as the TwinSpires Android App is concerned. It has all the same features, like live streaming and access to race replays. It can be downloaded directly from the TwinSpires website, just navigate there on your web browser and click on the link provided.

Geo-location

As you probably already know, it is still not legal to bet on horse racing online in some US States. This means that unless you are physically present in a state where it is legal, you won’t be able to access the app because of geo-location blocking.

If you are in a state where mobile betting isn’t yet permitted the app won’t allow you to place bets. This can be a real pain for punters but due to the variation in laws between states, it is a necessity.

On iPad and iPhones follow these steps to avoid geo-location issues if you are in a state where mobile betting is legal:

Geolocation on iOS

  1. Go to device settings.
  2. Find location services and turn them on.
  3. If all else fails, try uninstalling the app, restart your device and then reinstall the app.
  4. Allow location services, log in and hopefully you’ll be able to bet.

Android users should follow these steps:

Geolocation on Android

  1. Go to settings.
  2. Click on ‘Apps and Notifications’.
  3. Find the TwinSpires App.
  4. Choose the ‘permissions’ option, click on ‘location’ and then ‘Allow’

Is TwinSpires Legit?

Yes, TwinSpires is most definitely a safe and legit betting site that can be trusted. It is the wagering arm of Churchill Downs Incorporated (CDI), a company that is publicly traded on the Nasdaq stock exchange as CHDN.

CDI generated over $1 billion in revenue last year and they employ 4,500 people. The company HQ is at Churchill Downs, the home of the Kentucky Derby.

TwinSpires company info
twinspires info
US licenses AL, AR, CA, CO, CT, DE, FL, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MO, MT, NE, NH, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, and WY
Other products Racetracks, Real World Casino and Hotel Resorts
Non-US licenses N/A
Responsible gambling measures Set Deposit/Wager/Time/Bet Limits. Timeouts. Self-Exclusion. Reality-Checks.
Year founded/launched April 1950
Owner (company name) Churchill Downs Incorporated
CEO William C. Carstanjen
Publicly tradedNASDAQ (CHDN)

History of TwinSpires

Although the Churchill Downs Incorporated company was officially founded in 1950, the story actually began when the Churchill Down Racecourse was opened in 1875. We will now look back at some of the most important events in the history of TwinSpires.

best betting apps by sport
best betting apps by sport

Churchill Downs Racetrack opens in Louisville, KY

Track designed and founded by Meriweather Lewis Clark.

draftkings sportsbooks
draftkings sportsbooks

Churchill Downs Incorporated is founded

American Turf Association dissolved.

caesars sportsbook
caesars sportsbook

TwinSpires is launched

Official Advanced Deposit Wagering (ADW) service for Churchill Downs, Kentucky Derby and Oaks.

betmgm
betmgm

Mississippi operation launched

Harlow’s ($130 million) and in 2012 Riverwalk Resorts ($141 million) are bought by CDI.

register play
register play

Move into Ohio

Acquire Lebanon Raceway, close it and build a $215 million facility near Dayton.

install
install

Purchase Maine Casino

Oxford Casino is acquired for $160 million.

download
download

Share purchased in Saratoga Casino Holdings

Now manage Saratoga Casino and Raceway

find app
find app

CDI buys another ADW Site

BetAmerica is purchased for an undisclosed amount.

best sports betting apps in the US
best sports betting apps in the US

Two more casinos purchased

Presque Isle Downs PA and Lady Luck Casino MI for $230 million.

best betting apps
best betting apps

BetAmerica brand is no more

BetAmerica is assimilated into the TwinSpires brand to save on marketing costs.

Why You Should Join TwinSpires

If you have read this review, you should already know why you should join TwinSpires. It is a company with a stellar reputation and it has everything that horse racing bettors need.

The welcome bonus is decent, there is a great selection of bet types and the live streaming service and mobile apps are among the best in the industry. We were also impressed by the TwinSpires Edge blog.

It isn’t all rosy in the garden though. Fees are applied to deposits and withdrawals made by PayPal and also to credit card deposits. The odds are solid but not spectacular but those are only two minor issues.

Overall, TwinSpires is an excellent choice for experienced and novice horse racing bettors alike.

Pros
  • $200 welcome bonus
  • Top-quality live streaming and video archive
  • Extensive coverage of US and International Racing
  • Great range of bets/markets
  • Excellent mobile apps
Cons
  • Odds could be better
  • Fees applied to certain payment methods

Alternatives to TwinSpires

If you are looking for an alternative to TwinSpires, the following horse racing betting sites fit the bill.

FAQs

Yes, TwinSpires is completely safe to use. It is part of a public traded company and it fully complies with security regulations stipulated by each state it is licensed in.

TwinSpires is legal in an ever-growing number of US states. Many jurisdictions are in the process of drafting laws to allow online betting so the list of available states is increasing all the time.

To place a bet on TwinSpires, follow these simple steps. Sign up,  choose a payment method and make a deposit, claim the welcome bonus, find the market/horse you want, enter a stake and hit the ‘Place Bet’ button.

There are three main ways to withdraw from TwinSpires. You can request a paper check or alternatively, you can withdraw money electronically through EZMoney (free) or PayPal (fee applies).

TwinSpires is owned by Churchill Downs Incorporated. It is a publicly listed company that trades on the NASDAQ stock exchange as CHDN.

TwinSpires is currently legal in these states: AL, AR, CA, CO, CT, DE, FL, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MO, MT, NE, NH, NM, NY, ND, OH, OK, OR, PA, RI, SD, TN, VT, VA, WA, WV, WI, and WY.

There are a variety of options to fund TwinSpires account. PayPal, Mastercard, Visa, Amex, EZMoney, EZBank, Green Dot and MoneyGram can be used to deposit funds to TwinSpires.

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