TwinSpires Betting Bonus – Get Up To $1000 Risk-Free

Peter N
July 15, 2021
TwinSpires Sports Betting Bonus

Churchill Downs Incorporated, the company that organizes the Kentucky Derby, owns the TwinSpires brand. Though the operator is mostly known as a horse race betting site, it has emerged as one of the successful online sports betting and casino operators in the US. The success mantra for the TwinSpires sportsbook is its brand name and huge welcome bonus for new players.  

TwinSpires Sportsbook is offering a $1,000 risk-free bet for its new customers. In order to claim the risk-free bonus, players must enter ‘BET1000′ promo code while registering for a TwinSpires account. This is a straightforward bonus. If you lose the first wager, claim the refund of up to $1,000 in site credits.  

Through this guide we explain the mechanics of the TwinSpires welcome bonus, walk you through the process of claiming the bonus, and provide details about on-going promotions.

How to claim the TwinSpires Betting Bonus?

TwinSpires betting bonus is available only for bettors who are at least 21 years of age and present inside the state lines of Indiana, Colorado, Pennsylvania, Tennessee, or Michigan. The bonus will be activated once the registration is successful. Also, a promo code is required.

Follow these steps to claim the TwinSpires Sports Betting Bonus:

  • Click this link to visit TwinSpires online sportsbook
  • Create a new account by using the promo code ‘BET1000‘.
  • Download the TwinSpires mobile app if required.
  • Deposit at least $10 into your account.
  • Place your first qualifying bet on any sporting event.
  • If the bet wins, you get to keep your money.
  • If you lose your first bet, you’ll get refund up to $1000 in site credits.

TwinSpires will award the Free Bets within 72 hours of bet settlement.

For example: If you lose your initial wager of $200, you’ll receive a full refund of $200 in free bets within 72 hours.

Free bets are non-withdrawable. However, any winnings from wagers using a Free Bet is immediately withdrawable. Make sure to use the Free Bet within 7 days after being credited. If you you do not use them in the time period, they’ll be automatically removed.

Certainly, all new customers can claim a moneyback guarantee on their first wager. Whereas, existing customers can take advantage of a variety of rotating promos that change on a regular basis.

TwinSpires Sports Betting Bonus – FAQs

Do I need a Promo Code to claim the TwinSpires betting bonus?

Yes, a promo code is mandatory and it activates the bonus. Use the promo code ‘BET1000‘ while registering for TwinSpires account.

Do the TwinSpires bonus funds expire?

Bonus funds by TwinSpires will expire if you do not use them within a set period. In detail, you must settle the free bets within 7 days of registration.

Can I redeem free bets on TwinSpires mobile app?

Yes, you can redeem the free bets on TwinSpires mobile app, available for both Android and iOS devices. In fact, all promotions and bonuses that are available on TwinSpires website are accessible on the mobile app as well.

Should I be in Pennsylvania to bet on the TwinSpires sportsbook?

TwinSpires uses geo-location software to make sure wagering activity is done in legal states. Meaning, you will not be able to place wagers until you are physically located in jurisdiction borders. For this reason, players need to be in the state of Pennsylvania, Michigan, Colorado, Indiana, or Tennessee to be place a real money sports wagers. 

Does TwinSpires Sportsbook offer No-Deposit Free Bonus?

As of now, the TwinSpires sportsbook does not offer any free bonus. The players need to deposit the minimum amount to claim the welcome bonus. Meaning, the new customers can take an advantage of sign up bonus of $1000 risk-free bet on the first wager.

Meanwhile, you can check the US no deposit free bet offers in the US. 

Other Promotions on TwinSpires

TwinSpires sportsbook offer plenty of promotions to keep the bettors happy. Though, the sportsbook doesn’t offer the volume of big promotions like some books, it does make an effort to give promotions to new and existing customers.

The promotions usually involve special offers related to the current sports of the season. These ongoing offers can provide extra value over the long haul. Certainly, taking advantage of promotions is an excellent way to boost your bankroll.

TwinSpires’ current promos can be found in the “Promotions” section of the website.

Bet on Sports & Get Free Bets

This is the most frequent promotion available at TwinSpires sportsbook. When you bet on major sports and leagues in the promotional period, the sportsbook rewards you with Free Bets. This promotion is mostly available on on-going sporting events. Opt-in is required.

For instance: At the time of writing, TwinSpires is rewarding $25 in free bets if you place a live wager of $50+ on the British Open. 

Multi Sport Parlay Insurance

TwinSpires not only allow you to place bets on multiple sports but also offer an insurance on your bet. When you place a parlay of 4+ selections and if one leg loses, you’ll receive stake back up to $25. 

Parlay Profit Boost

Place a parlay of 3+ legs and receive a profit boost based on your number of selections. You’ll receive a maximum of a 50% boost for a 8+ leg parlay.

Referral Bonus

Earn $10 to bet for each friend you refer that joins TwinSpires. Even your friend will receive $10! 

All you need to do is sign-in, and share the referral rewards program with your friends and family on social media, text or email. For every referral that creates a TwinSpires account, you will receive $10 to bet. 

More about TwinSpires Sports Betting

Right after the Supreme Court struck down PASPA in 2018, Churchill Downs launched retail sportsbooks and mobile betting sites in multiple states under their BetAmerica brand. With Kambi as their software partner, Churchill Downs expanded its marketplace with the rebranding of BetAmerica to TwinSpires throughout the country.

TwinSpires holds gaming licenses in multiple states and is in good standing with regulators in every jurisdiction where it operates. At present time, TwinSpires is available in Colorado, Indiana, Michigan, Pennsylvania, and Tennessee.

Players can easily navigate between the TwinSpires sportsbook, Casino, and Racing. You can place live bets while streaming US sports along with major and medium-sized international leagues in HD quality. Some special features of TwinSpires sportsbook include In-play betting, competitive odds, great welcome bonus, bet share, and extensive database of stats.

At TwinSpires, there is a 24/7 wagering opportunity to bet on a variety of sports and leagues like Basketball, Cricket, Golf, Soccer, Tennis, NBA, NHL, NFL, MLB, and many more.

Author Peter N