Bonuses and Promotions
Odds VS. The Competition
Market Depth & Variety
Deposit & Cash Out
TwinSpires Sportsbook was one of the first ten mobile sportsbooks to launch in Michigan. It has one of the best welcome bonuses for new Michigan bettors. The welcome bonus helps to make up for its moderate odds. The bonus certainly makes up for the registration process and clunky app.
But over time, the TwinSpires app should grow into a sportsbook that can compete in Michigan’s newest industry. TwinSpires (formerly BetAmerica) has some strong foundations in place, and everything it needs to improve is fixable.
TwinSpires Sportsbook Michigan Promo Code 2021
TwinSpires Sportsbook offers bettors seven days of risk-free bets up to $1,000.
If bettors lose, then they get their wagers back, up to $1,000. However, the promotion ends if bettors win. So, instead of betting risk-free for a week, bettors will likely wager risk-free until their first wagers on favorites. Terms and conditions apply.
|TwinSpires Sportsbook Michigan Promo Code||FREE1000|
|Risk-Free Bet||$1,000 Risk-Free Day|
|What States Allow TwinSpires Sportsbook||Full sportsbook: Michigan & Indiana; Horse racing only: Colorado, New Jersey, Pennsylvania (under BetAmerica brand)|
|TwinSpires Sportsbook Land-Based Casino||Island Resort & Casino|
|Promo Code Verified For||May 2021|
TwinSpires Sportsbook’s best feature is its welcome bonus. It offers a $1,000 risk-free bet over bettors’ first seven days of betting. If bettors lose their bets, TwinSpires will credit bettors’ original stakes back to their accounts. However, there are a few different ways for the promotion to end:
- Lose for seven days
- Earn $1,000 back in lost wagers
If bettors peek at the terms and conditions, the risk-free bets end the first time a player wins. So, if your first bet is a win, then you get to enjoy the winnings. If you lose $500 then hit a win, you’ll only get $500 in risk-free bets. Finally, if you lose for five days, but win on the sixth, then you only get five days’ worth of site credits.
This is an improvement over other risk-free bets that are only good for a bettor’s first wager. It gives new bettors who don’t read the conditions a chance to benefit from the bonus. The conditions that end the bonus should be front and center along with the bonus. But the value TwinSpires offers is strong compared to other Michigan sportsbooks.
May promos at TwinSpires Sportsbook Michigan focus on four sports: UFC, NBA, MLB, and NHL.
The One-N-Done UFC Bonus invites you to place a pre-match moneyline wager on a UFC fighter and double your winnings up to $50 if they win in the first round.
For the NBA Sharp Shooter bonus, you can place a $50+ pre-match wager on any Wednesday night game and receive $1 in betting credits for every three-pointer scored by both teams.
For the MLB 5th Inning Bet Insurance, your bet is refunded in freebets if your team loses despite being ahead at the top of the sixth.
For the NHL Brick Wall Bonus, you can place a $50+ pre-match wager on any Tuesday game for $1 in betting credits every time the goalie of your selected team makes a save.
Are you a new member at TwinSpires Michigan Sportsbook? You can bet risk-free for your first week of betting up to $1,000.
Terms and conditions apply to all promotions at TwinSpires Michigan.
TwinSpires is mostly a middle-of-the-road sportsbook. It has a couple of lines that pop, but usually, its same odds can be found at other sportsbooks. In our odds sample, TwinSpires had the same odds as BetRivers, DraftKings, and Barstool Sportsbook. This held across multiple game lines and sports. (DraftKings had odds of -108 on Leeds United beating Newcastle United while the others had -107.) Here’s a sample of MLB National League futures to show how TwinSpires Sportsbook stacks up to other competitors:
|TwinSpires||Wynn Bet||BetMGM||FanDuel||William Hill|
|Los Angeles Dodgers||+225||+250||+200||+210||+200|
|San Diego Padres||+380||+450||+400||+400||+400|
|New York Mets||+650||+500||+600||+550||+650|
TwinSpire’s odds are moderate. However, it comes out on top of the market alongside William Hill on the Mets futures. It doesn’t have many lines that jump to the top of the market, but it rarely has the worst odds in Michigan.
TwinSpires has a strong selection of sports and leagues to choose from. The core sports that Americans care about are represented. Professional football, baseball, basketball, and hockey are all available. Soccer and its myriad international leagues are available for betting. Even bettors who want to wager outside their comfort zones can find new sports to try. Bettors can wager on Australian Rules Football, rugby, and cycling, too. There’s a good range of sports to find in here.
There’s also a “sports” section for Super Odds. These are either bets with higher odds or parlays. For example, TwinSpires offers a boosted line on Wisconsin vs. Maryland, boosting Maryland’s +130 odds to +175. One of the parlays it offered was on the Mavericks vs. Jazz for +300:
- Mavericks +1.5
- L. Doncic Over 27.5 Total Points
However, DraftKings remains the king of market depth and variety. It has obscure sports and little-known leagues galore. But TwinSpires has room to grow and it won’t leave bettors out in the cold. Its sport selection is well-positioned to cater to its bettors.
TwinSpires is ready to take its customers’ money. They have seven deposit options, which is a great amount. This selection includes convenient deposit options for all types of bettors. Here are TwinSpires’ deposit options:
- Credit/Debit Card
- Online Banking
- Play+ Card
Bettors have online deposit options that give bettors versatility. Several of these options allow bettors to keep track of their sports betting funds. The withdrawal options are limited but include:
- Mailed Check
- EZ Money
The mailed check and PayPal accounts are common. EZ Money stands out. Here, it’s used as an online checking account. But it’s the first time we’ve seen a payday lending company also offering checking accounts for bettors to use. Bettors can create EZ Money accounts, but PayPal may be more convenient.
TwinSpires made sure that it could accept and award money in as many different ways as possible from the beginning. This selection is convenient for bettors and increases TwinSpire’s revenue potential. Bettors shouldn’t have any payment or deposit issues with TwinSpire Sportsbook.
The TwinSpires app is the weakest part of the TwinSpires package. The app’s strongest aspect is that it offers both the sportsbook and casino in the same app. However, navigating between the two is awkward. The TwinSpires app opens to the casino page. To find the sportsbook, bettors must click the TwinSpires logo in the upper-left corner. That’ll open the full menu to the sportsbook, horse racing app, and the help section.
The sportsbook’s homepage opens to live betting. At the bottom of the screen, bettors can navigate to:
- A dedicated live betting page
- The A-Z sports list
- Upcoming games
- The betslip
It’s odd that the home screen and live betting pages are so similar. The homepage shows three types of wagers while the live betting page only shows moneylines. TwinSpires should eliminate redundant pages to improve navigation. The A-Z tab has room to condense, too. The Featured Sports section and the actual A-Z section are almost identical. It could remove the ‘featured sports’ section and lead with the ‘popular sports’ like normal. The disappearing logo at the top of the screen can be found again by swiping up, too.
These navigational shortcomings make the app less polished than the industry standard.
TwinSpires Sportsbook ranks well in critical sportsbook infrastructure. Its bonus is one of the best on the market. But, ironically, bettors are in for a surprise when they win for the first time and the promotion ends. That condition needs to be clarified upfront. TwinSpires Sportsbook’s odds and sport selection meet Michigan’s industry standard. However, its mobile app falls short. It’s messy and includes redundant sections, complicating bettors’ efforts to find what they’re looking for.
But it’s a moot point when the registration process doesn’t work. TwinSpires Sportsbook has promise, but it has some kinks to work out before competing at the top of the market.
Is TwinSpires Sportsbook Legal?
Yes. As a licensed Michigan sportsbook, TwinSpires Sportsbook is a safe and carefully vetting sports betting option. TwinSpires historically has been known for horse racing. Previously known as BetAmerica, the BetAmerica sports betting and casino apps are available in a handful of other states. Expect BetAmerica to rebrand the apps in other states to the TwinSpires brand. In Michigan, the company launched both its TwinSpires sportsbook and casino app under this new brand.
Here are five reasons bettors can trust TwinSpires Sportsbook’s authenticity.
TwinSpires Sportsbook Follows Industry Rules
Unsurprisingly, legal sportsbooks follow laws that illegal sportsbooks freely ignore. The Michigan Gaming Control Board even offers an FAQ page for businesses to clarify logistical matters. For example, TwinSpires Sportsbook must fulfill certain requirements before putting their apps on the app store. It’s an immediate show of good faith.
TwinSpires Sportsbook Can Only Offer Certain Sports
There’s a list of sports that licensed Michigan sportsbooks can offer betting lines on. This list of sports ensures sportsbooks offer wagers on contests with fair and transparent rules. Imagine a sportsbook making up a sport that let sportsbooks win on a technicality. It’d be madness! A regulated industry prevents this scenario.
TwinSpires Sportsbook Can Only Offer Certain Wagers On Certain Sports
The sports wagering catalog also includes acceptable wagers in Michigan’s sports betting industry. Avoiding unknown wagers puts bettors and sportsbooks on a level playing field. It makes sports betting as fair as it can be for bettors. It’s yet another control that separates the legitimate from the illegitimate.
The Michigan Gaming Control Board’s Responsible Gaming Database
Michigan sportsbooks get access to the Responsible Gaming Database. It’s a list of bettors that are not allowed to wager at sportsbooks. Bettors add themselves to this list for different reasons. They may want to limit their gambling or take a break from sports betting. Regardless of the reason, sportsbooks are compelled to prevent bettors on this list from wagering. It’s a condition illegal sportsbooks couldn’t pretend to care about.
Bonuses And Promotions Are Regulated Too
Although they don’t need government approval, sportsbook promotions must adhere to “recordkeeping and operational requirements prescribed in the administrative rules.” Basically, sportsbook bonuses must follow industry standards, too. Sportsbooks have the freedom to implement their own bonuses without harming bettors.
Why Choose TwinSpires Sportsbook Over Illegal Betting Sites?
For starters, you’re not breaking federal law by wagering at a licensed state sportsbook. The same federal law that prohibits sports wagering information from crossing state lines applies to international borders, too. Anyone betting at offshore sportsbooks violates the Wire Act.
But illegal sportsbooks aren’t limited to offshore sportsbooks. Any website that offers sports betting but is unlicensed by Michigan’s Gaming Control Board violates state law. While offshore sportsbooks are impossible to shut down, illegal domestic sportsbooks are less challenging. In February 2020, the Michigan Gaming Control Board led an investigation that closed 14 illegal gambling sites. These places offered video slot machines without a license to do so. If they hadn’t closed, they would’ve faced 10-year felony charges.
If these businesses had been sportsbooks, bettors would’ve found themselves in a bind. They wouldn’t be able to withdraw any winnings or get their wagers refunded. Any money they had in an account would be gone. Bettors also wouldn’t have had any legal recourse for gambling at illegal sportsbooks. It would be a messy no-win situation.
However, bettors can lose all their money to incompetently run illegal sportsbooks, too. Gaming Commissions often require sportsbooks to maintain set cash reserves to ensure bettors receive winnings. For example, the Nottawaseppi Huron Band of the Potawatomi Gaming Commission requires sportsbooks to have the larger of:
- $500,000 of cash on hand.
- However much the sportsbook’s outstanding liability is.
Set limits like these ensure sportsbooks don’t run out of money to pay bettors. Compared to an illegal sportsbook with no such controls, licensed sportsbooks look pretty good. Bettors can feel confident betting at TwinSpires Sportsbook in a way they can’t at illegal, unlicensed, or offshore betting sites.
Why You Can Trust TwinSpires Sportsbook With Your Money
Once TwinSpires was awarded their online gaming license, they had a few hoops to jump through before going live. They had to run tests for their games and software to make sure they were market-ready. TwinSpires also had to have an independent tester ensure that TwinSpires Sportsbook could handle industry demands. That would not only include bettor-end services, like making sure deposits and withdrawals worked. It would also include back-end security measures to make sure hackers couldn’t steal social security numbers. Only after passing this final hurdle could TwinSpires Sportsbook go live in Michigan.
While these final steps were taking place, bettors could find many sportsbook apps on the app store and even create accounts. However, the app wouldn’t have gone onto the app store unless the account management functions were ready. The app also wouldn’t allow bettors to place wagers until the Michigan Gaming Control Board signed off on it. TwinSpires Sportsbook was carefully monitored before its launch, and remains scrutinized while it’s live. With all these controls in place, bettors can trust TwinSpires Sportsbook with their money.
TwinSpires Sportsbook Fact Sheet
|How old do you have to be?||21|
|What states is it legal in?||Michigan*, Indiana*, Colorado, New Jersey, Pennsylvania|
|Who is TwinSpires Sportsbook’s Michigan partner?||Hannahville Indian Community|
|Michigan Launch Date||1/22/2021|
*TwinSpires’ horse racing app and website are available in many states. The sportsbook/casino app is confined to Michigan and Indiana.
TwinSpires Sportsbook Michigan FAQ
Yes. TwinSpires Sportsbook jumped through every regulatory hoop it needed to execute a successful launch. It was one of fifteen online sportsbooks to get a license and one of ten that launched on day one. Bettors can download the app on their phones, sign up, and begin wagering. Despite a few hiccups that may require support, TwinSpires Sportsbook is safe and legal for Michiganders.
Yes. Not only does the homepage include live bets. There’s a whole live betting tab at the bottom of the app. It’s in a little box with the word live in, making it easy for bettors to find. Live betting is a popular form of betting, because it allows bettors to predict the changing tide of the game. If this type of risk-management appeals to you, it’s worth checking out these sections of TwinSpires.
About fifteen. However, that’s just how many sports were offered at its launch. That number will likely change for a few reasons. Olympic sports are only every two years, so that category will come and go. TwinSpires Sportsbook may onboard more oddsmakers with expertise in new sports. As long as it’s approved by the Michigan Gaming Control Board, that sport could be offered by TwinSpires. But for now, it has a healthy sports selection to choose from.
Yes. In fact, bettors can register accounts outside Michigan too. Downloading the app and managing the account can be done from anywhere. But wagers will not go through unless bettors are inside Michigan. The TwinSpires has a geofence around Michigan that keeps wagers from outside Michigan out. It’s a common technology that gives bettors ubiquitous account control, but keeps sports betting in states where the app is licensed.
Yes. TwinSpires Sportsbook offers a $1,000 risk-free bet. That means bettors will earn site credits back on their losing wagers until they’ve:
- Received $1,000 in site credits
- Had their accounts open for seven days
Although this risk-free bet seems to let bettors wager at a slower pace and get rewarded, that’s not quite right. The incentive to bet big upfront to maximize site credits – or winnings – remains.
Click the account section in the top right corner of the screen. Then, select the withdraw option. Bettors can use PayPal, EZ Pay, or request a mailed check. These options ensure sportsbooks comply with strict know your customer protocols. They know who they’re sending money to so they don’t accidentally participate in money laundering. (Talk about high stakes for getting sportsbook payouts right!)