TwinSpires Racebook Review 2024

TwinSpires Sportsbook no longer operates in the US. The owner of the former sports betting app and website, Churchill Downs Inc., cited poor fiscal reports as the main driver behind the decision. The online sportsbook had previously been available in 7 states.

Nevertheless, TwinSpires' horse racing platform remains a stalwart in the betting industry. Boasting a solid welcome bonus, a mobile app for on-the-go wagering, support for major events like the Kentucky Derby, and other horse betting options — TwinSpires Racebook is the place to be for everything racing.

The current TwinSpires offer for new customers hands $200 to all players who deposit and enter the bonus code BET200. Sign up today to claim your exclusive TwinSpires horse racing welcome package.

With the fall of the TwinSpires Sportsbook app and browser-based betting site, former users no longer get to indulge in soccer, NBA, NHL, NFL, and other popular sports betting bonuses.

Instead, you can check out the latest racing offers at TwinSpires Racebook — an online betting facility designed for new, casual, and veteran bettors. It's packed with deals for new and existing customers; free bets, welcome bonuses, odds boosts, cashback, and themed boosts all come into the equation.

Let's look at what rewards are open to you upon creating a TwinSpires account.

TwinSpires $200 Welcome Bonus

Get a head start on your horse racing journey with TwinSpires' $200 welcome bonus. Available via the website and TwinSpires mobile app, new users can activate the offer by entering the Twinspires Promo code BET200 when depositing for the first time.

However, I won't pretend this offer is easily attainable.

You see, TwinSpires splits the $200 reward across separate wagers of $400. In effect, this means you must deposit and bet $800 to receive the full $200 reward...and that's simply unachievable for players on tight bankrolls.

Time constraints make this promotion even harder to wrap my head around. The horse racing betting site enforces a 30-day active window — pitting all players against the clock to reach the elusive $800 wagering requirement. And, if you fail to hit the $800 mark by day 30, the bonus is deactivated.

This is a rare instance where I feel an online sports betting site should make other offers eligible for this package. As things stand, TwinSpires doesn't permit users to place qualifying wagers with bonus funds accrued from other boosts.

High-rollers might see some value from the horse racing welcome bonus, though. An extra $200 is a nice addition to anyone's bankroll, especially when you consider you'll have spent $800 to grab the full sum of the bonus.

Winning Boosts

Like its old sister sports betting website, TwinSpires' Racebook shows a keenness to reward existing customers. The platform's so-called 'Winning Boosts' do just that, delivering 25% win boosts to bettors who wager on particular horse races.

For example, February 2024's offering — Winning Wednesdays — rewards all punters who opt-in before events at Tampa Bay Downs and Gulfstream Park with a 25% win boost if your single comes good.

Your initial stake is excluded from the deal, but it's still one of the finest profit boosts in the horse racing industry. Further winning boosts of varying values will hit the stalls as the months roll by.

Like its old sister sports betting website, TwinSpires' Racebook shows a keenness to reward existing customers. The platform's so-called 'Winning Boosts' do just that, delivering 25% win boosts to bettors who wager on particular horse races.

For example, February 2024's offering — Winning Wednesdays — rewards all punters who opt-in before events at Tampa Bay Downs and Gulfstream Park with a 25% win boost if your single comes good.

Your initial stake is excluded from the deal, but it's still one of the finest profit boosts in the horse racing industry. Further winning boosts of varying values will hit the stalls as the months roll by.

10x Points on Harness Racing

Earn 10x reward points from Monday to Wednesday when you wager on harness racing. This offer applies to all tracks nationwide — making the deal available to punters of all interests and locales.

One important stipulation applies: at least 7 runners must participate in the event for your wager to qualify for bonus points. Any fewer and TwinSpires Racebook shall disqualify the race from this offer.

Fascinatingly, there's no cap on how many points you can accumulate here. That's something you'd be hard-pressed to find at other racing and sports betting sites.

Money Back Every Week

From January 4, 2024, sports bettors who opt in will receive cashback up to $10 if the chosen horse finishes as a runner-up or in 3rd position during Thursday races. This deal applies to select events throughout the winter months — including meetings at Oaklawn Park, Turkfway Park, and Gulfstream Park.

Terms and conditions for this horse racing bonus are easy-going. You need 8+ runners to earn cashback on third-place finishers, while second-place rewards are dished out when 5+ horses participate in one event.

I expect TwinSpires to deliver more offers like this for spring, summer, and fall.

Road to Kentucky Derby Profit Boost

A 15% profit boost for Win, Exacta, Trifecta, and Superfecta selections is available to new and existing TwinSpires Racebook players. Only a handful of races make the cut, with events at Gulfstream Park and Oaklawn Park in February and March 2024 eligible.

Specifically, up to $25 in additional winnings is on the table with the Road to Kentucky Derby Profit Boost. Moreover, 5+ runners must take part in the offer to link to your account after opting in.

Online and mobile betting customers will receive profit boost funds each Monday.

Kentucky Derby Week Bankroll Builder

As with most TwinSpires promotions, the Kentucky Derby Week Bankroll Builder requires users to opt in. Once you've activated the deal, wager $50+ on Kentucky Derby Future Wager Pools to earn a bonus.

The amount of bonus cash attributed to your account depends on how much you stake on Future Wager Pools. Here's a breakdown of this deal's rewards:

• Wager $50 for a $10 bonus
• Wager $100 for a $20 bonus
• Wager $250 for a $50 bonus
• Wager $500 for a $100 bonus
• Wager $1,000 for a $200 bonus

Future Wager Pools run from January through April. Bonus funds must be used between May 1 and 4, 2024 — with the Kentucky Derby set to take place on the Saturday.

TwinSpires VIP & Rewards Programs

Let's open with TwinSpires' VIP program, designed for punters with vast bankrolls. Running across four tiers — Bronze, Silver, Gold, and Platinum — the Churchill Downs-owned racebook asks that you wager $25,000 to join the program as a Bronze member.

Silver and Gold members must bet $50,000 and $100,000 respectively for the remainder of the year, while Platinum membership operates on an invite-only basis. However, TwinSpires suggests that anyone interested in the Platinum tier should wager $250,000.

As for rewards for the online horse racing betting VIP club? Discounts, access to VIP rooms and events, exclusive bonus points, concierge, and free admission to select racetrack locations.

The TwinSpires Rewards Program is a much simpler offering.

With it, you earn points for betting on your favorite events. Points are exchangeable for wagering credit, allowing you to get small boosts when you need them most.

In addition to credit for free bets, TwinSpires' Rewards Program tables a rewards multiplier. You earn a 2x multiplier for every $10,000 wagered, 3x for $20,000, 5x for $50,000, and 8x for betting $100,000 monthly.

The largest reward multiplier, 11x, requires a monthly stake of $250,000.

No TwinSpires review is complete without mentioning its vast list of deposit methods and withdrawal options. The racebook delivers healthy choices on both fronts, with popular payment methods and niche picks supported.

Here, I examine which banking methods TwinSpires offers to users.

Deposit Options at Twinspires Racebook

Credit cards, Greendot, Moneygram, PayNearMe, and Bank Wire Transfer deposits incur fees worth no more than $5 when depositing at TwinSpires.

How To Make a Deposit at TwinSpires

Whether you're jumping into a wager for the first time or hoping to claim one of the racebook's several bonuses, follow the steps outlined below to deposit.

1. Open your TwinSpires account cashier.
2. Select a deposit method from the list above.
3. Enter an amount to deposit.
4. Confirm your transaction.
5. Funds should arrive in your account wallet immediately.

Withdrawal Options

Withdrawals are significantly limited compared to deposits, as shown below:

I recommend PayPal above the other three methods. The popular e-wallet should transfer funds within a couple of hours, whereas something like Check by Mail will have you waiting countless days.

How To Make a Withdrawal at TwinSpires

1. Visit the TwinSpires cashier.
2. Select the 'Withdraw' option.
3. Pick from any of the three online withdrawal options.
4. Choose how much money you'd like to transfer.
5. Confirm your withdrawal.

How To Build a Bet at TwinSpires Racebook

The TwinSpires app and website both support the same number of betting options, betting odds, and races. As such, you can place bets via one of the racebook's online branches and cash out your winnings later with another of the platform's services.

Plus, TwinSpires offers tremendous insight when it comes to pre-race statistics – giving users much-needed data before making that all-important wager.

Here, I show you how to create Win and Trifecta bets on the racebook.

How To Build a Win Bet at TwinSpires

1. Select an event.
2. Choose 'Win' from the drop-down 'Advanced' filter.
3. Select which runner to add to your wager.
4. Pick your stake from the drop-down menu.
5. Press 'Submit Bet' to confirm the wager.

How To Build a Trifecta at TwinSpires

1. Pick from any of the racebook's upcoming events.
2. Click on 'Advanced' from the drop-down menu and select 'Trifecta'.
3. Make your picks for 1st, 2nd, and 3rd by clicking each runner's sphere.
4. Choose how much money to stake.
5. Confirm your Trifecta bet with the 'Submit Bet' button.

Top horse racing tracks, like Presque Isle Downs, Churchill Downs racetrack, and other formidable venues come to the fore at TwinSpires. But, the racebook offers more than just tug on race fans' heartstrings with odds for races at classic tracks.

The horse racing betting platform facilitates users of all interests with its wide-ranging selection of events, including the Kentucky Derby, Pegasus World Cup, Arkansas Derby, and Kentucky Oaks. Moreover, the sports betting provider details markets for foreign meetings, with UK full-cards available.

Here's a rundown of some big events at TwinSpires Racebook.

1. Kentucky Derby
2. Breeders' Cup
3. Gold Cup
4. Belmont Stakes
5. Preakness Stakes
6. Dubai World Cup

Available Racetracks at TwinSpires

The US' relationship with horse racing goes back several decades. Racetracks have come and gone, with many historical venues from yesteryear left to nature. However, many of the nation's favorite tracks remain open for business – and you better believe that TwinSpires has everything necessary to get horse racing fans off their seats.

Some notable tracks you can bet on include:

1. Gulfstream Park
2. Santa Anita
3. Meydan (Dubai)
4. Keeneland
5. Oaklawn Park
6. Charles Town
7. Churchill Downs
8. Belmont Park
9. Delaware Park
10. Saratoga

Like traditional sports betting at online sportsbooks, live betting is a major element of the experience for TwinSpires customers.

Live streaming takes more of a front seat in racing though, with bettors desperate to catch up with ongoing meetings as the day unfolds. TwinSpires is a haven for live racing streams, delivering high-quality feeds directly from the track.

Just hit the 'Play' icon after confirming your wager to tune in and cheer on your horse. And, should you miss the day's action, feel free to indulge in TwinSpires' full race replays.

With so many betting possibilities and streams, TwinSpires bettors never miss a beat.

Download the TwinSpires app for on-the-go betting with live streaming, updates, news, and refreshed odds throughout the day.

Available on the Apple App Store and Google Play Store, the app brings global action to the palm of your hand. You can even watch odds change in accordance with the latest events — with streams placed directly above market prices.

You'll also access the TwinSpires welcome bonus and other special promotions via the app. It's catered to experienced bettors and rookies in the horse racing scene, with expert picks and customizable wagers for every major event.

Download the TwinSpires horse racing betting app now to get in on the industry's most rewarding offers.

TwinSpires promos, markets, and betting options are available in the following states:

TwinSpires' customer service options are among the best in the business. The racebook offers three avenues to get in touch with a member of the team: live chat, email, and telephone support.

All three contact methods reside under the 'Support' tab. From here, you can hit quick links to access instant messaging, your state's TwinSpires support number, or copy and paste the racebook's email address — [email protected]. TwinSpires support team operates between 9 am and 12 am ET daily.

Alternatively, send mail to TwinSpires at the following address: PO Box 8510, Lexington, Kentucky 40533.

A TwinSpires FAQ page covering commonly encountered issues is also available, along with a responsible gambling section.

Why TwinSpires Sportsbook Shut Down?

TwinSpires revealed its intention to shutter its online sportsbook in early 2022 following disappointing returns on its 2021 revenue reports. TwinSpires sportsbook, unlike its horse racing sister site, hemorrhaged money at the helm of the 2020s — losing over $30 million at the turn of the decade.

As a result, Churchill Downs Inc. opted to close its sports betting leg. Rather than attempting to compete in an already saturated space, the company now focuses on improving its already dominant racing fixture.

If TwinSpires Sportsbook returns, BettingOddsUS will cover all you need to know about its potential services.

Final Thoughts on Twinspires Racebook

Although an online sportsbook no longer exists as part of the TwinSpires family, its racebook more than makes up for the loss.

TwinSpires' racing platform provides live betting, streaming, bonus cash rewards, free bet deals, and a handy rewards program. Players on high budgets are particularly important to TwinSpires — with its VIP Program granting access to one-of-a-kind experiences.

All in all, TwinSpires is my favorite place to follow horse races and bet on the sport's biggest events. With many ongoing offers to boot, there are plenty of reasons to return each race day.

Sign up today for a $200 welcome bonus or snag one of TwinSpires' other unique promotions.