Just in Time: TwinSpires Launches in Colorado

Colorado flagTwinSpires Sportsbook is officially live in Colorado, giving the market another big name for sports bettors. TwinSpires Sportsbook is available for download as a mobile app or can be accessed through a desktop computer.

This is the third launch for TwinSpires since April 20, but many more are planned to occur throughout 2021. TwinSpires is a product of Churchill Downs, Inc., and this is a change from the BetAmerica brand that the owner has used.

Churchill Downs Inc. has been aggressive in the past few weeks as it wanted the new sportsbook available in as many states as possible before the Kentucky Derby. The 147th running of the Kentucky Derby is scheduled for May 1. It is one of the year’s biggest sporting events and one of the most lucrative sports betting opportunities.

The Kentucky Derby is the first leg of the Triple Crown each year, and it is back on its traditional date after being moved last year. The COVID-19 pandemic forced the race to be run in September, and the event was not as hyped or anticipated as it traditionally is.

TwinSpires should get off to a great start in each market by launching in three states ahead of the Kentucky Derby. There is plenty of competition in the U.S. sports betting industry, but the history of this company will help bring it some attention.

Nice Bonus For New Customers

To attract new customers to the site, TwinSpires is offering an excellent welcome bonus offer in the state of Colorado. Every new customer at TwinSpires is eligible for a bonus bet up to $1,000.

TwinSpires is also expected to offer bonuses focusing on the upcoming Kentucky Derby.

Colorado a Strong Market

Colorado launched sports betting on May 1, 2020, and it has quickly become one of the top sports betting markets in the United States. Colorado has been able to attract several big-name operators, and TwinSpires joins this group.

The March sports betting numbers have not been released, but the market did see a decrease in February. The total sports betting handle was $266.5 million in February, but that number is expected to bounce back in March.

Kentucky Derby Odds

There won’t be a significant shift in the betting odds order with less than a week to go before the Kentucky Derby begins. While there could still be an injury to a horse that forces some shifting in the odds, the top horses in the field are relatively set.

Essential Quality is the betting favorite at 3:1 odds, while Rock Your World is next on the list at 6:1. Jockey Luis Saez will be riding Essential Quality in the race, and Joel Rosario will ride Rock Your World.

Known Agenda (8:1), Highly Motivated (10:1), and Hot Rod Charlie (10:1) are widely considered the next best betting options to win the Kentucky Derby.

Alex Payton is a sports betting writer that has a wide range of experience in the industry. He covers plenty of topics and never misses the chance to take the Louisville Cardinals.

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