TwinSpires Offer Code 2022: With $100 Risk-Free Bets Sign-up Bonus

TwinSpires is unarguably one of America's biggest online sports entertainment platforms currently operating. And that is saying a lot for a gaming company that has operated various land-based casinos and sports venues for nearly two decades.

If you’re interested in claiming a sports bonus, you can use the welcome TwinSpires Offer code 2022 to unlock a risk-free bet.

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Bonus & Offers details
Welcome Bonus: Risk-Free bet of $100 sign-up bonus
Expires on: 31-12-2022
Last check: 2 days ago

TwinSpires Bonus Code for 2022

TwinSpires presently has two sports promotions. We’ll give you a brief description of each offer and its principal terms and conditions in the following paragraphs.

TwinSpires Promo CodeNew Player Risk-Free Bet

The first offer is the TwinSpires $100 sign-up bonus, provided as a risk-free bet. As its designation suggests, the offer applies to new players only.

The ‘risk-free’ label does not mean there’s absolutely no risk involved, and this is more of a ‘second chance’ rather than a ‘risk-free’ offer. How does it work?

First, you need to make an account (of course, it’s free), pick a payment method, and make your first deposit. The risk-free offer’s description does not state a minimum amount, but it appears $1 is the lowest deposit TwinSpires accepts.

After the deposit is approved, choose a sporting event and place a single bet not exceeding $100. Whatever the amount, if your bet loses, TwinSpires will return an amount equal to the losing bet.

Say your first bet is $60. TwinSpires will refund $60 to your account as a free bet if it loses. That ‘risk-free’ bet can either win or lose, which is why it is more appropriate to see it as a second-chance offer.

A TwinSpires offer code is required to initiate this welcome promo, but more on that and the bonus terms below.

twinspires offer code

TwinSpires Sportsbook BonusMulti-Sport Parlay Insurance

This is a popular sports promo for those who enjoy parlays, also called accumulator bets. For the uninitiated, a parlay bet is when you combine several selections (also ‘legs’ or ‘fixtures’) in a single slip.

The odds for each selection are combined, and even a small wager can yield a good return. But there’s a catch – you must correctly guess the outcome of each selection, regardless of whether it’s а money line, over/under, or another prop bet.

Usually, if you guess correctly all selections but one, you lose your bet. But TwinSpires’ MultiSports Parlay Insurance offer fixes that. If only one of at least four legs on your slip loses, you will receive your bet amount up to $25 back. You won’t need to use a Twinspires promo code to activate the parlay bonus.

Important: As of Feb. 28th, 2022, this promo is no longer available.

States Where the TwinSpires Offers are Applicable

Only players from certain US states can receive the TwinSpires offer code 2022 for the welcome sports bonus.

TwinSpires operates in the following 7 states:

  • New Jersey
  • Pennsylvania
  • Michigan
  • Tennessee
  • Indiana
  • Colorado
  • Arizona

Whenever a Twinspires offer code for sports is released, only users aged 21 or older from the above-mentioned states can redeem it.

Presently, however, only TwinSpires Michigan (MI), TwinSpires PA (Pennsylvania), and Twinspires Arizona (AZ) users can get the welcome offer.

No sports promos are currently offered at TwinSpires Tennessee (TN), TwinSpires Colorado (CO), TwinSpires Indiana (IN), and TwinSpires New Jersey (NJ).

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TwinSpires Sports Bonus Description and Terms

For everyone interested, the TwinSpires signup risk-free bet offer is available until May 14th. Only new players are eligible to redeem the TwinSpires offer code for this bonus. Upon signup, use the code FREE100, and the risk-free promo will activate.

TwinSpires will rebate in full any bet amount up to $100, which doesn’t win. You can then proceed to use that credit to place another wager. Note the offer is applicable only to your very 1st TwinSpires bet.

The free bet applies only to losing bets up to $100. Therefore, If you use the Twinspires offer code, but your bet wins, you won’t receive a bonus. If your bet loses, TwinSpires will issue your free bet credits within 72 hours.

Your free bet credits are non-withdrawable, but if the free bet wins, you can immediately request to cash out your winnings.

Note that we didn’t see the risk-free bonus touted on the promo pages of TwinSpires Tennessee, Indiana, Colorado, and New Jersey. However, the promo’s description states that you may still claim it so long you are physically in one of these states.

Similar conditions apply to the now-expired parlay insurance offer. If Twinspires reactivates the offer and extends its duration, here are the main rules you need to know.

First, the parlay must include at least 4 selections (legs), and each of those must be with minimum odds of -250. If only one fixture loses and the others win, you will receive any bet amount up to $25. Twinspires allows placing bigger bets as part of this offer, but you are only eligible to receive a maximum of $25.

TwinSpires Background

TwinSpires constitutes years of experience in the casino and sports betting industry. The company launched in 1996, but its sports (particularly horse race) betting tradition goes back almost a century and a half.

The platform is owned and operated by Churchill Downs Incorporated. Churchill Downs is the thoroughbred racetrack that hosts arguably America’s biggest horse racing event: the Kentucky Derby. Thus, TwinSpires is simultaneously the Kentucky Derby’s official online betting partner.

Mainly focused on horse racing, TwinSpires includes a miscellaneous sportsbook with over a dozen sports categories. Their markets cover all the fan-favorite sports like basketball, soccer, hockey, golf, and baseball, among others.

Horse racing, however, remains TwinSpires’ No.1 sport and has its own ‘Racing’ section, whereas the remaining sports categories are packed into the ‘Sports’ section.

TwinSpires, as the official web-based betting partner of Churchill Downs, is fully regulated through their owners, Churchill Downs Incorporated. They provide sports betting in several states where local legislatures have passed bills allowing regulated online and land-based betting.

TwinSpires AZ

TwinSpires has operated in Arizona for about a year since The Grand Canyon State legalized sports betting in 2021. If you’re 21 and from Arizona, you can now find your favorite sports events online at TwinSpires.

Twinspires TN

Like Arizona, Tennessee legalized sports betting only recently. Tennessee’s first online bookies launched in 2020, the same year (even month) the law allowed it. It didn’t take long for TwinSpires to join the Tennessee party.

TwinSpires NJ

Online and land-based betting on sports became legal in the Garden State in the summer of 2018. There are presently over 20 online bookmakers, though none as good (at least for horse racing) as TwinSpires.

TwinSpires MI (Promo Code: FREE100)

The first online bookies in Michigan opened in early 2021, and Twinspires soon became part of a small group of operators to get a state license. TwinSpires Michigan is one of the few states where players can get the risk-free Twinspires welcome sports offer.

TwinSpires CO

Colorado residents are also at liberty to play at Twinspires. The Centennial State legalized sports betting online in 2019, and just months later, some of the nation’s top internet bookies opened their doors to Coloradans. Soon, TwinSpires followed suit.

TwinSpires IN

Indiana legislators legalized land-based sports betting in the state in Sept. 2019 and online betting shops the following month. TwinSpires has since joined over a dozen established operators who entered the Indiana online betting market.

TwinSpires PA 

Dozens of online bookies have been operating in the Commonwealth of Pennsylvania since late May 2019, when a law that legalized the activity went into effect. Suffice it to say, TwinSpires was among the first to dip their toes into the new market. Moreover, TwinSpires Pennsylvania offers a risk-free welcome sports bonus for the residents of this state.

twinspires promo code

TwinSpires Latest news

TwinSpires has always been primarily dedicated to horse race betting and coverage. It wasn’t until states started passing legislation legalizing online betting that they decided to branch out into sports betting.

But over the three years that they’ve operated their online sportsbook and casino, TwinSpires has logged little progress as an online sportsbook and casino.

In a recent earnings call, Churchill Downs Inc. CEO Bill Carstanjen reported nearly $32 million in losses on sports betting for 2021.

The difficult situation will result in TwinSpires discontinuing its online sportsbooks in several states.

However, despite the sports betting shortfalls, when it comes to horse racing, TwinSpires remains the king. According to Carstanjen, TwinSpires holds, on average, about 50% of the market share for horse racing betting.

Review of Additional Aspects of TwinSpires

For many players new to betting, a bookie that offers high odds, attractive sports promos, and varied markets would be enough to lure them in. But it’s only later that they may realize some of the operator’s weaknesses, such as delayed payouts, unfair terms, poor choice of payments, or unresponsive customer support.

TwinSpires is one of those rare operators where every aspect of the bookie is up to par. There are multiple secure payment methods to manage your account funding and payouts. Support is available every day during the designated hours (9 a.m. to 12 a.m.). There is also a separate TwinSpires app for mobile iOS and Android users, so you can still bet on the go.

Suffice it to say, the various betting markets for over 20 sports and the favorable betting odds only add to TwinSpires’ worth. Then, there are the sports promos that we’ve already mentioned. All things combined, TwinSpires presents the ultimate online betting experience.

In the sections below, we will analyze several principal aspects of TwinSpires that are either directly or indirectly linked to their sports promos and gaming value and contribute to the site’s overall seamless user-friendliness.

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Experience on Mobile

As we just stated, a TwinSpires app is available for those who use iOS and Android devices. Furthermore, if you use a smartphone or iPad, you can still get the whole TwinSpires online experience on your device via a mobile web browser.

It’s the most basic way of betting on sports or casino games or accessing any website, for that matter.

TwinSpires utilizes the latest HTML5 technology, making its site compatible with all portable devices. Regardless of the type of smartphone/tablet you own, or its operating system, it only needs to meet a few basic technical requirements for you to enjoy TwinSpires on the go.

Open the mobile browser you use most, enter the TwinSpires web address into the address bar, and proceed to log in or sign up if you don’t already have an existing account.

The TwinSpires mobile sportsbook is neatly structured, with an easy-to-navigate page layout and interface.

As far as Android and iOS users go, they can opt to use the TwinSpires browser-based version or download the relevant application for their phone. The TwinSpires mobile apps are relatively small in size, won’t take much space, are fast, and include features the web-based version doesn’t.

TwinSpires’ Android mobile app is designed with hybrid technology. Their website states that while the app is designed for Android users, the technology also makes it compatible with iOS-powered devices.

Payment options

Players may fund their TwinSpires account via several electronic payment methods. Note that the availability of some methods can depend on your home state. Regardless, TwinSpires lists the following as its available deposit options:

· EZMoney

· PayPal

· Deposit via Bill Pay

· MoneyGram

· PayNearMe

· Green Dot

· Visa

· MasterCard

While writing this review, these were the available payment methods. TwinSpires accepts withdrawals via many of these options, though some may be excluded. To ensure that your banking method also accepts withdrawals, we suggest contacting TwinSpires customer support.

As far as the details go, the limits (maximum and minimum) for depositing and withdrawing may vary per payment method. The lowest you can deposit is $1 via Bill Pay, PayNearMe, and MoneyGram. The minimum deposit via Visa and MasterCard is also $1. With Green Dot, the minimum deposit is $20.

For all deposit methods, the maximum allowed amount you can deposit in a single transfer is $500. All deposits are processed instantly, and (except for Visa/MasterCard) there are no fees involved.

Now, about withdrawals. Go to your account, open the ‘My Funds’ section, and tap the withdrawal button to submit a payout request. Enter your withdrawal amount and click submit. TwinSpires will take about 5 business days (at most) to process and verify the request and transfer the money.

TwinSpires Offer Code 2022

How to Sign Up

Players can sign up at TwinSpires (desktop or mobile) following a few basic steps. When you open the TwinSpires home page, pick your state, and you will be directed to the TwinSpires sportsbook page.

At the top right corner is a green ‘Join Now’ button. A digital Twinspires registration form will pop up that you’ll need to complete. The registration is completed in three steps, and you will need to enter only valid and accurate information.

Some of the personal details you might have to share with TwinSpires are contact information (email, phone), state, address, and similar data. Note, to ensure you are who you say you are, TwinSpires may request a photo of your personal ID or driver’s license to authenticate your account.

If you’ve decided you want to activate the welcome sports offer, you can do this during the first step of your registration. At the bottom of the registration page is the bonus code box. Copy the Twinspires offer code here, and the bonus will be activated.

Betting Markets

The TwinSpires sportsbook provides various types of bets with good odds for its many sports categories.

Players can make standard Moneyline bets or totals (over/under) bets alongside various sport-specific markets. These betting options are distinctive only for specific sports, such as the number of Points, rebounds, and assists scored by an NBA player, or the various unconventional markets for esports like CS: GO, Call of Duty or Starcraft II.

Open the TwinSpires sportsbook, choose your favorite sport, and you will be able to see all upcoming and ongoing games. Of course, if you missed the chance to place an early bet, in-game (or live) betting is still a possibility.

Futures betting markets – where you can predict weeks, even months in advance, the winner of a given tournament – are always open for top sporting events.

TwinSpires Responsible Gaming & Helper Tools

Betting and casino gaming services are provided, above all, as entertainment. If you ever feel like you’re no longer in control of the time and money you spend, TwinSpires offers the required tools to help you manage your habits. Scroll down towards the end of the TwinSpires home page, open the responsible gaming link and make the most of the helper tools.

When it comes to user limits, punters can adjust their:

  • Time limits – Decide how much time you’d want to spend on the site per day.
  • Depositing limits – Allocate the maximum amount you can deposit daily, weekly, or monthly.
  • Maximum betting limits – Limit your maximum bet per spin/hand.
  • Wagering limits – Set the maximum you are willing to wager over some time.

Players can set these limits themselves, and adjusting them is just as easy. However, you should be aware that there’s a waiting period for changes to prevent you from making rushed decisions.

You could also opt-in for a timeout, manage your withdrawals, request a self-exclusion period, or perform a reality check.

For any further information, you can head to the ‘Contact Us page to get in touch with TwinSpires, send them an email, or seek immediate help through the Live Chat feature.

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TwinSpires – Advantages and Downsides

Of course, even with all its positives, TwinSpires is still not perfect. There’s no such thing, which is why we decided to list some of the site’s flaws. Though, the purpose of this is objectivity, so don’t let some of the TwinSpires’ downsides discourage you from playing here.

Twinspires Pros

· Provide extensive sports betting coverage

· Customer support available on email, phone, and live chat

· Arguably the best platform for betting on horse races

TwinSpires Cons

· Limited number of sports promos

· no crypto betting available

· could extend the number of available sports for betting

TwinSpires vs. PointsBet

The best way to put into perspective the qualities and disadvantages of someone or something is to compare it with another thing of its kind. Here, we’ll draw a few parallels between TwinSpires and its competitor PointsBet.

Both platforms provide about the same number of sports betting categories; only PointsBet appears to lack a betting section for eSports. Moreover, Pointsbet promo codes aren’t nearly as sought-after as TwinSpires’.

PointsBet also includes horse racing betting, but there’s no real comparison in this regard with TwinSpires.

In terms of mobile gaming, PointsBet performs almost as well as TwinSpires in mobile user interface and availability for iOS and Android devices.

twinspires $100 sign up bonus

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FAQs

How many sports categories does TwinSpires’ sportsbook cover?

TwinSpires provides betting markets for at least 20 different sports, including NFL, NCAA, and NBA basketball, handball, volleyball, tennis, soccer, motorsports, etc.

Does TwinSpires provide a sports welcome promo?

Yes. There is currently a Twinspires $100 sign-up bonus available on all sports.

Can I Bet at TwinSpires on mobile?

Yes. You can place wagers at TwinSpires on mobile through a mobile browser or download one of the mobile applications for iOS and Android users.

Do I need a TwinSpires promo code to claim the signup bonus?

Yes. To get the up to $100 TwinSpires welcome risk-free bet, you must use the code FREE100. This can be done during the registration process. Just insert the code in the relevant box and proceed with registration. After registering, check the bonus terms and claim your free bet if your first bet loses.

How long does TwinSpires take to pay out my winnings?

The withdrawal process time can depend on several factors, such as the withdrawal method. However, even on their worst day, TwinSpires would take no longer than 5 business days to process and transfer your requested withdrawal.