The $400 TwinSpires offer code CBSSPORTS is available today ahead of the 2026 Breeders' Cup World Championships and unlocks an offer double the size of any other available online. Using the TwinSpires promo code CBSSPORTS, new users receive up to $400 in racing credits, plus bonus bets back. That is one of the best Breeders' Cup promos we've found in researching horse racing betting apps. Knowing where to bet on horse racing online requires an officially licensed partner like TwinSpires. Claim the TwinSpires offer code CBSSPORTS here:

We'll explain the latest TwinSpires offer code, along with giving out other pointers for what you need to know about horse racing betting.

TwinSpires offer code details

New TwinSpires users will earn $100 in bonus bets for every $400 wagered on the platform within 30 days of creating a TwinSpires account. To earn the full $400 bonus from the introductory offer, you have to wager $1,600 on TwinSpires within the first 30 days after signing up with the promo code CBSSPORTS. All bonuses will be given out within 72 hours of the bets settling. Click here to get the latest TwinSpires promo code.

Steps for how to sign up using the TwinSpires promo code 

  1. Click the CLAIM BONUS button, which will direct you to TwinSpires.
  2. On the TwinSpires landing page, click the blue CLAIM NOW button.
  3. Complete the form with your first and last name, e-mail address, and make sure to enter the promo code CBSSPORTS when prompted.
  4. Create a username and password, then verify your identity with your date of birth and the last four digits of your Social Security number.
  5. Click the Sign Up button.

Get started here:

Breeders' Cup betting at TwinSpires

Wagering will not open for the 2026 Breeders' Cup on the TwinSpires app and website until the week of the event, which takes place October 30 and 31. However, TwinSpires is already offering handicapping tools and information on its platform ahead of the world's biggest horse racing event. 

Simply tap the Breeders' Cup tab, now available on TwinSpires. Within this tab, you will find options for:

  • Breeders' Cup betting
  • Breeders' Cup odds
  • Breeders' Cup contenders
  • Breeders' Cup handicapping
  • The Breeders' Cup betting challenge
  • Breeders' Cup results
  • Betting on Keeneland races
  • Breeders' Cup news

This section of the TwinSpires app and site will be updated as the Breeders' Cup gets closer. 

2026 Breeders' Cup Schedule

The Breeders' Cup returns to Keeneland in Lexington, Kentucky, with Future Stars Friday on October 30 and Championship Saturday on Halloween, October 31. Some races will have also-eligibles, meaning if a horse in a full field scratches, an also-eligible can draw in and race. On race day, any also-eligibles not in the starting gate will be marked as scratched, with wagers refunded. 

Here is the 14-race schedule, all Grade I stakes races. That is the highest, elite level in horse racing. 

Breeders' Cup Classic

  • Saturday, October 31; Keeneland 12th Race, Post Time 6:16 pm (ET)

The final championship race of the weekend has the biggest purse and is the most prestigious honor for the winning connections. Japan's Forever Young became the first Japanese-bred horse to win the Classic last year and is preparing to defend his title as a 5-year-old. 

2026 Kentucky Derby and Belmont Stakes winner Golden Tempo, along with 2025 Derby and Belmont winner Sovereignty, are also pre-entered. 

The Breeders' Cup Classic (GI) is a 1 1/4-mile race for 3-year-olds and up. The race carries a guaranteed purse of $7 million. Horses pre-entered are:

Horse

Owner

Trainer

Last Race

Forever Young (JPN)

Susumu Fujita 

Yoshito Yahagi

9/18: 1st, Jockey Club Gold Cup (GI) at Belmont

Forged Steel

C2 Racing Stable, LLC (Clint Cornett & Mark Cornett), Mathis Stables, LLC (Bill & Terry Mathis) & TCC Stables, LLC (Michael Iavarone)

Saffie Joseph, Jr. 

9/26: 1st, Goodwood Stakes (GI) at Santa Anita

Further Ado

Spendthrift Farm, LLC (Tammy & Eric P. Gustavson)

Brad Cox

9/19: 2nd, Pennsylvania Derby (GI) at PARX

Golden Tempo 

Phipps Stable (Daisy Phipps Pulito) and St. Elias Stables (Vincent Viola)

Cherie DeVaux

8/29: 3rd, Travers Stakes (GI) at Saratoga 

Knightsbridge

Godolphin, LLC (Mohammed al Maktoum, et al.) 

Bill Mott

8/22: 1st, Pacific Classic (GI) at Del Mar

Magnitude

Winchell Thoroughbreds LLC (Ron Winchell) 

Steve Asmussen

8/8; 6th, Whitney Stakes (GI) at Saratoga

Napolean Solo

Espoir USA, Inc. (Rifang Zhang) 

Chad Summers 

8/29; 2nd, Travers Stakes (G1) at Saratoga 

Phileas Fogg

Jupiter Stable, LLC (Steve Shapiro) 

Gustavo Rodriguez

9/18: 4th, Jockey Club Gold Cup (GI) at Belmont

Sovereignty

Godolphin, LLC (Mohammed al Maktoum, et al.) 

Bill Mott

8/8; 1st, Whitney Stakes (GI) at Saratoga

T O Password (JPN)

Tomoya Ozasa 

Daisuke Takayanagi 

8/8; 3rd, Elm Stakes (G3) in Japan

The Puma

OGMA Investments, LLC (Gustavo Delgado), Saleh Al Otaibi, High Step Racing, LLC (Randy Guy), TCC Stables, LLC (Michael Iavarone), YNG Stables LLC (Bruce Zoldan) & JR Ranch (Jose Aguirre)

Gustavo Delgado 

9/19; 1st, Pennsylvania Derby at PARX

Future Stars Friday

Breeders' Cup weekend begins on Friday, October 30 and has been nicknamed Futures Stars Friday, because of all the graded-stakes races exclusively for 2-year-old juvenile horses. 

Breeders' Cup Juvenile Turf Sprint

  • Friday, October 30; Keeneland 6th Race; Post Time 2:55 pm (ET)

  • The Breeders' Cup Juvenile Turf Sprint (GI) is a five and one-half furlong race for 2-year-olds to be run on the turf. The race will start at 12, with up to six also-eligible horses carried on the program. The race carries a guaranteed purse of $1 million. 

Breeders' Cup Juvenile Fillies

  • Friday, October 30; Keeneland 7th Race, Post Time 3:35 pm (ET)

  • The Breeders' Cup Juvenile Fillies (GI) is a 1 1/16-mile race for 2-year-old fillies. The race carries a guaranteed purse of $2 million.

Breeders' Cup Juvenile Fillies Turf

  • Friday, October 30; Keeneland 8th Race, Post Time 4:15 pm (ET)

  • The Breeders' Cup Juvenile Fillies Turf (GI) is a one-mile turf race for 2-year-old fillies. This race will start 14, with 4 also eligible, carried on the program. The race carries a guaranteed purse of $1 million. 

Breeders' Cup Juvenile

  • Friday, October 30; Keeneland 9th Race, Post Time 4:55 pm (ET)

  • The Breeders' Cup Juvenile (GI) is a 1 1/16-mile race for 2-year-old colts and geldings. The race carries a guaranteed purse of $2 million.

Breeders' Cup Juvenile Turf

  • Friday, October 30; Keeneland 10th Race, Post Time 5:35 pm (ET)

  • The Breeders' Cup Juvenile Turf (GI) is a one-mile race for 2-year-old colts and geldings. This race will start 14, with 4 also eligible, carried on the program, to be run on the turf. The race carries a guaranteed purse of $1 million.

Championship Saturday

Saturday is for 3-year-olds and up at the Breeders' Cup. Here is the rest of the schedule before of the final race, the Breeders' Cup Classic. 

Breeders' Cup Filly & Mare Sprint 

  • Saturday, October 31; Keeneland 4th Race, Post Time 1:10 pm (ET)

  • The Breeders' Cup Filly & Mare Sprint (GI) is a seven-furlong race for 3-year-olds and up, fillies & mares. This race will start 14 horses. The race carries a guaranteed purse of $1 million. 

Breeders' Cup Turf Sprint 

  • Saturday, October 31; Keeneland 5th Race, Post Time 1:48 pm (ET)

  • The Breeders' Cup Turf Sprint (GI) is a five and one-half furlong race for 3-year-olds and up to be run on the turf. This race will start 14, with 4 also eligible, carried on the program. The race carries a guaranteed purse of $1 million. 

Breeders' Cup Dirt Mile 

  • Saturday, October 31; Keeneland 6th Race, Post Time 2:26 pm (ET)

  • The Breeders' Cup Dirt Mile (GI) is a one mile race for 3-year-olds and up. This race will start 12 with 4 also-eligibles carried on the program. The race carries a guaranteed purse of $1 million. 

Breeders' Cup Filly & Mare Turf 

  • Saturday, October 31; Keeneland 7th Race, Post Time 3:04 pm (ET)

  • The Breeders' Cup Filly & Mare Turf (GI) is a 1 3/16-mile race for fillies and mares, 3-year-olds and up, This race will start 14 with 3 also eligibles carried on the program. to be run on the turf. The race carries a guaranteed purse of $2 million. 

Breeders' Cup Sprint 

  • Saturday, October 31; Keeneland 8th Race, Post Time 3:42 pm (ET)

  • The Breeders' Cup Sprint (GI) is a six furlong race for 3-year-olds and up. This race will start 14 with 4 also eligibles carried on the program. The race carries a guaranteed purse of $2 million. 

Breeders' Cup Mile 

  • Saturday, October 31; Keeneland 9th Race, Post Time 4:20 pm (ET)

  • The Breeders' Cup Mile (GI) presented by PDJF is a one-mile race for 3-year-olds and up, to be run on the turf. This race will start 14, with 4 also eligible, carried on the program. The race carries a guaranteed purse of $2 million. 

Breeders' Cup Distaff 

  • Saturday, October 31; Keeneland 10th Race, Post Time 4:58 pm (ET)

  • The Breeders' Cup Distaff (GI) is a 1 1/8-mile race for fillies and mares, 3-year-olds and up. The race carries a guaranteed purse of $2 million. 

Breeders' Cup Turf 

  • Saturday, October 31; Keeneland 11th Race, Post Time 5:36 pm (ET)

  • The Breeders' Cup Turf (GI) is a 1 1/2-mile race for 3-year-olds and up, to be run on the turf. This race will start 14 with 4 also-eligibles carried on the program. The race carries a guaranteed purse of $5 million. 

How to bet on horse racing at TwinSpires: Finding tracks and races

Placing a bet on TwinSpires is as simple as can be for non-experienced horse players. Users click the "Bet Now" button, which allows them to select the track. Another drop-down menu appears with the available race numbers for that specific track. 

  • From there, choose the horse (and/or the program number corresponding with the horse's name).
  • Then, you'll be able to select your bet type and amount to wager before submitting your bet. 
  • Unlike sports betting, wagers can be cancelled by the user up until the race begins, in case you change your mind on the bet you want to make. If your horse is scratched and you forget to cancel the wager, you still get your money back. Sign up for TwinSpires here.

Most popular types of horse racing wagers

Horse racing offers bettors quite a few different opportunities to bet on each race. From betting on individual horses in each race to the sports betting equivalent of parlays (exactas, trifectas, superfectas, daily double, Pick 3/4/5/6 wagers), there's no shortage of ways to play the ponies. Unlike sports betting, odds are listed in fractions instead of plus/minus. For example, 3-1 is the horse racing equivalent of +300 in sports.

Here are each of the different ways you can bet on a race.

  • Win: betting on a horse to win
  • Place: betting on a horse to finish in first or second
  • Show: betting on a horse to finish first, second or third
  • Win/Place/Show and other combinations of the above three bets work as a sort of parlay
  • Exacta: pick the horses that finish in the exact first and second positions in a race
  • Trifecta: choose the horses to finish in the exact first, second and third positions in a race
  • Superfecta: pick the horses to finish in the exact first, second, third and fourth positions in a race
  • Super Hi-5: choose the horses to finish in the exact first, second, third, fourth and fifth positions in a race
  • Daily Double: pick the winner of two straight races
  • Pick 3 through Pick 6: choose the winning horse in three, four, five and six consecutive races

Understanding TwinSpires' payouts

Some bets are more difficult to win than others, such as betting a horse to win compared to betting a horse to finish in the top three. To further understand what the different payouts were from the 2025 Kentucky Derby results: The base amount is for the win, place and show payouts is a $2 wager, while the combination bets are $1 each. 

Sovereignty (Based on a $2 bet)
Win: $17.96
Place: $7.50
Show: $5.58

Journalism (Based on a $2 bet)
Place: $4.94
Show: $3.70

Baeza (Based on a $2 bet)
Show: $8.38

Here are the payouts for the 2025 Kentucky Derby combination bets, with all of them based on a $1 wager.

  • Trifecta: $231.12
  • Super High Five: $38,405.96
  • Double: $26.96
  • Pick 3: $128.32
  • Pick 4: $572.78
  • Pick 5: $3,008.88
  • Pick 6: $10,312.35

Click here to get the latest TwinSpires new user offer:

Differences in TwinSpires horse racing odds vs. sportsbook odds

Horse racing uses parimutuel odds, meaning that all bets go into the same pool of money and the odds can change even after placing a wager. There have been recent examples of horses that were nearly 20-1 heading into the gate to begin the race that ended up below 10-1 due to late money coming in. It's extremely rare to see such a shift in sports betting.

Because all the wagers go into one pool, all race books use the same exact odds for every horse for each race that it offers, which differs from sportsbooks, where you'll see discrepancies in odds all the time. For instance, you may see one sportsbook have Eagles -3 and another have Eagles -3.5 in the NFL. In horse racing, a horse's price is the same at every race book.

The biggest difference when betting on horses vs. sports is that the odds of the bet you make can shift in horse racing. In sports betting, the odds are fixed, so once you lock in a price, it won't change. 

TwinSpires and the Kentucky Derby

TwinSpires gets its name from the two pointy structures on top of the grandstand of the Churchill Downs racetrack, which is where the Kentucky Derby occurs every year. The TwinSpires race book is also owned by Churchill Downs. The Kentucky Derby, held on the first Saturday in May each year, is the first race of horse racing's Triple Crown for three-year-old horses. It is the most popular horse race of the year in terms of betting interest and betting handle. 

In order for horses to qualify for the Kentucky Derby, they must compete in designated competitions and earn points in the Road to the Kentucky Derby races. TwinSpires offers additional promos and reward points for these races along with the actual Kentucky Derby, where users can receive free admission to certain tracks, VIP experiences and discounts at the TwinSpires Handicapping Store. 

Other notable horse races to bet on at TwinSpires

Here are some of the other biggest races on the calendar.

January: Pegasus World Cup at Gulfstream Park for $3.01 million purse

May: Preakness Stakes at Pimlico for $2 million purse

June: Belmont Stakes at Belmont Stakes Festival for $2 million purse

July: Haskell Stakes at Monmouth Park for $1 million purse

August: Travers Stakes at Saratoga Race Course for $1.25 million purse

September: Kentucky Downs hosts several stakes races on its turf course

October/November: Breeders' Cup Classic at rotating tracks: $7 million purse

TwinSpires horse betting data and tools

The amount of tools and data provided by TwinSpires is crucial to the long-term success of inexperienced and veteran horse bettors. From daily newsletters to exclusive handicapping software to past performances where you can evaluate horses, jockeys, and trainers, the tools are available for any Twin Spires member to use. 

You can get information on each horse in the race on the TwinSpires app as well as in-depth insights from experienced and well-known handicappers. Users have access to important data such as past performances, speed, pace, and class, so that you can do as much research as necessary before placing a wager. There are also brisPICKS available for certain races, where users can get race predictions from a top-notch statistical model that factors in over 50 different categories. 

TwinSpires Stable alerts

Similar to following your favorite teams on a sportsbook, TwinSpires allows you to customize your own stable. Whether horses, jockeys, trainers, or owners, you can follow horses to track their workouts, entries, and results going forward. Any of these categories can be added to your stable by searching for and clicking on the name before choosing the "Add to Stable" button. 

For example, add the 2025 Kentucky Derby winner Sovereignty or the 2024 Breeders' Cup Classic winner Sierra Leone and get notified when they are racing next. 

Tips and advice for betting on horse racing

Every handicapper has their own methods for handicapping horses. Some prefer the simplicity of the highest speed figures, while others take a deeper dive into evaluating the probable pace of the field and mapping out how the race should play out with early leaders and probably closers. Information is key for betting on horse racing, just like in any sport. But it's important that you know what to look for before backing any horses on TwinSpires or on a site like 1/ST BET with the latest 1/ST BET promo code.

While looking at a horse's past performance is a good start, it's important to factor in the class of the race. Is the horse competing against better than they've routinely faced in the past or worse? Also, what type of running style are they: frontrunner, stalker (middle of the pack), or closer? 

For those who are more advanced, a horse's workouts in between races can give an idea of how they're training up to the race in terms of times and how they fare against other horses training on the same day at the same distance. Evaluating jockey and trainer statistics and the combination of them can be vital for success. A jockey with a low winning percentage with a trainer may be easier to fade compared to a more successful combination.

While it can be entertaining to bet long shots and long shot wagers such as trifectas or a Pick 4/5/6s, make sure that you wager responsibly and manage your bankroll carefully. You never want to bet outside of your means or chase losses if you start off with a losing bet or two on the day.

TwinSpires deposit and withdrawal options

Below are the deposit options for TwinSpires and the potential fees that come with each one.

Method

Fee

Processing Time

Minimum Deposit

Online Banking

None

Up to 4 days

$10

Credit Card (VISA or MasterCard)

$5 per deposit

Instantly

$10

PayPal

None

Once account is linked

$10

Green Dot (at Register)

$4.95+ per deposit depending on merchant

Instantly

$10

Moneygram

$3.95+ per deposit depending on merchant

Instantly

$10

PayNearMe (max deposit limit of $500)

$3.99+ per deposit depending on merchant

Instantly

$1

Apple Pay

$5 per deposit

Instantly

$10

Bank Wire Transfer

$10 for transfers under $1,000, free for transfers over $1,000

Instantly

$10

On-Site Deposit

None

Instantly

$10

Check/Money Order

None

Up to 5 days

$10

Here are the five withdrawal options, along with how much time you should expect to get your money back for each.

Method

Fee

Processing Time

Max Withdrawal

Online Banking

None

Up to 5 days

None

PayPal

None

Up to 5 days

None

On-Site Withdrawal

None

Instantly

None

Check

None

Up to 15 days

None

Phone

None

Up to 5 days

None

TwinSpires App Store Reviews

Anyone interested in wagering with TwinSpires can download the app on their Apple or Android device. Here are the reviews for the TwinSpires app on each. 

App Store (as of January 2026)

Number of Reviews

Average Rating

Apple

82.3K

4.8

Android

1.58K

4.6

TwinSpires Review: Final Verdict

TwinSpires provides plenty of useful data and tools for horse racing bettors at any level, along with ample reward opportunities. The software is easy to use for even the most inexperienced horseplayers. The app's withdrawal options and inconsistent customer support can use some improvement, but overall, this is among the best options for betting on horses in the industry. 

FAQ

What is the $400 offer code on TwinSpires?

To get up to $400 in bonus funds, use the TwinSpires offer code CBSSPORTS when signing up for a TwinSpires account. 

How do you get the bonus on TwinSpires?

New users will get $100 in bonus funds for every $400 they wager at TwinSpires in the first 30 days after creating an account. You can earn a maximum bonus amount of $400, and you'd need to wager $1,600 in the first 30 days to obtain that amount. 

What is the bonus code on TwinSpires?

The bonus code is CBSSPORTS, which you have to enter while signing up for a TwinSpires account to get the offer. 

Does TwinSpires charge a fee?

When depositing money into TwinSpires, there are a few methods where TwinSpires charges a fee, including credit cards, Apple Play, bank wire transfers, PayNearMe, Moneygram and Green Dot (at register). 

How do you get your money out of TwinSpires?

There are five different methods to do so—online banking, PayPal, on-site withdrawal, by phone and by check. 

Is TwinSpires a legitimate operator?

Yes, TwinSpires is a licensed and regulated race book that has a 4.8 rating on over 81,000 Apple App Store reviews.