Betfred

Betfred review

Last updated on: July 28, 2022
Bonuses
4
Casino bonus score

Betfred gives a welcome bonus in every state and bettors who can take advantage of the offer should be reasonably pleased. This operator’s promotions won’t blow your mind – they are just good enough.

Welcome bonus
Get $250 in free bets when you wager $50
Other promotions
Free bets, odds boost
Additional details
No bonus code required. Register to claim offer
Qualifying bet: $50 minimum on odds of -200 or longer
Wagering requirement: 1x bonus
Payment Methods
4
Payments score

Betfred has a solid selection of payment methods, including a range of the most popular banking options live PayPal, Play+, Visa, Mastercard, and so on.

Deposits
Min: $10
Min: $10
Min: $10
Min: $10
Sports & Features
3
Overall sports and features provided

Betfred doesn’t offer much else apart from the top US sports leagues like NBA and NFL. If you like to bet on less popular sports, you’ll be better off with some other operator.

Sports
Baseball Baseball Basketball Basketball Football Football Hockey Hockey Tennis Tennis
Features
Bet Builder
Security
5
Security score

Betfred is operating in Europe for more than 55 years, so we’re safe to say that they are a reputable company. This operator also has multiple US betting licenses issued by appropriate regulars.

Encryption
Support
5
Customer support score

Customer support is one of the best things about Betfred. You can reach out to them via phone, email, or live chat. The only downside is that they don’t have 24/7 support. Keep in mind that they may have different emails and phone numbers for different states.

Live Chat
Monday to Thursday: 8 am - 9 pm MT
Friday to Sunday: 8 am - 11 pm MT
Phone number
Email
Interface
4
Casino interface score

Betfred’s website looks modern and is quite easy to use. However, the biggest downside is that at the time of writing their bespoke mobile apps were available only in Colorado. We hope they’ll offer it in more states soon, since having only a mobile website just isn’t good enough.

Offer
BONUS
Get $250 in free bets when you wager $50
7
Betfred is one of the most experienced betting brands in the world but their lack of sports and limited markets doesn’t make them a very desirable legal US sportsbook.

Betfred Welcome Bonus

Betfred have the same welcome bonus in each state which is $250 in free bets when you sign up and wager at least $50 on any market.

You don’t need to remember a Betfred promo code, simply register and wager to receiver your free bets.

Betfred welcome bonus
betfred welcome bonus
Max bonus$250
Bonus percentage100%
Wagering requirements1x
Time to complete the wagering requirementsNone
Expiry dateNone
Minimum odds-200
Bonus codeNone
Sports restrictionsNone

The Betfred welcome bonus is not as big as other sites, such as BetMGM and PointsBet, but it has the attraction of a reward that’s greater than your initial bet.

You only have to bet $50 to unlock the $250 worth of Betfred free bets, which are awarded incrementally into your account rather than all at once.

Place an initial wager of $50+ on any sport and get a $100 free bet after wager settlement, with another $50 free bet being granted the following Monday.

You will then receive a $50 free bet for the next 2 weeks provided you place a $1+ wager in each of those weeks. Each $50 Betfred free bet will be awarded the Monday after your $1+ bet is settled.

Betfred Bonus T&Cs

There are a few significant terms and conditions you should be aware of, and they are the same in all states where Betfred operates.

No wagering requirements

There are no wagering requirements on Betfred free bets, so any money you win with them is yours to keep. Wagers placed with Betfred free bets do not include the stake in the returns.

Minimum odds of -200

Your first cash bet(s) on Betfred must be on selections of -200 or longer (such as -110 or +200) to be eligible for the promotion. Betfred free bet wagers must also be used on selections of -200 or longer.

Wager at least $50

The first wager you make on Betfred sportsbook must be $50 or greater to take advantage of their welcome offer.

How to Claim Betfred Sign-up Bonus

It is easy to access this welcome bonus because you don’t have to remember to enter a Betfred promo code when signing up.

1
Register

Sign up to Betfred sportsbook.

2
Deposit

Pay at least $10 into your account.

3
place a bet
Wager at least $50

Place your first real money bet of $50+.

4
Receive free bets

Get your $100 Betfred free bet upon settlement of your initial wager, and $50 the Monday afterwards.

Remember, you have to wager at least $50 as your first bet when you register and then at least $1 in each of the next two weeks to receive the entire $250 bonus.

Betfred Sports Betting

Betfred offer a distinctly average sports betting experience on their site, with our experts able to find plenty of positives but also a multitude of negatives.

The main upsides are that the site is very easy to navigate and find the sports you want to bet on, whilst there is a dedicated section for boosts that gives you enhanced odds on select markets.

Betfred also have a secondary list of most popular leagues – such as NBA and MLB – to complement their general list of sports.

However, Betfred have different sites depending on which state you are in and the style of each is different enough to be a bit annoying.

A major flaw we found whilst conducting this Betfred review is that the website frequently doesn’t load properly, displaying the wrong games.

For instance, we clicked on NBA to see which games were available and then when we clicked on MLB, the heading changed but the games listed were still for the NBA.

Sports Available to Bet On

The list of sports available at Betfred sportsbook is not a long one, with just 12 offered to punters including the four major US leagues.

This puts them well behind the likes of BetMGM and DratfKings Sportsbook, who boast 28 and 18 respectively for punters to wager on.

Other Sports

There’s not much to shout about on Betfred for those who like to wager on more niche sports.

Aussie rules and rugby league are the pick of the minor sports but Betfred sportsbook don’t offer all the major competitions in these, and the markets are very limited.

The full list of available sports at Betfred:

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Football
  • Golf
  • Hockey
  • MMA
  • Motor Racing
  • Rugby League
  • Soccer
  • Tennis

Odds Comparison

Betfred boast good odds on the four major US sports leagues, competing with other major sportsbooks who all offered similar prices.

The main issue with Betfred sportsbook is that they are slow at uploading odds, so if you’re looking to bet early then you’ll be better off wagering elsewhere.

 BetfredFanDuel SportsbookBetRiversBetMGM
Home - Orlando MagicHome
Orlando Magic
+255
+265+245+260
Away - Golden State Warriors-330-330-305-350
Home spread+7.5
-110
+7.5
-114
+7.5
-112
+7.5
-110
Away spread-7.5
-110
-7.5
-106
-7.5
-109
-7.5
-110

Betfred Blog and Betting Picks

Betfred do not have a blog to complement their US sportsbook. Examples of good blogs can be found at WynnBET and BetMGM.

Bet Slip

The bet slip at Betfred sportsbook is straightforward to understand, with separate tabs for straight bets, parlays, and teasers. Round robins can also be created.

That said, it is quite basic and lacks features of other bet slips such as changing the points spread and setting the same stake value for every selection.

Betting Markets

Betfred provide all the basic markets you could need for sports wagering, but there is not much depth or any particularly unique markets that could set them apart from other major US sportsbooks.

One of the cool things that Betfred sportsbook does offer is regular odds boosts on certain games or markets, making them best price on those particular events.

  • Spread
  • Total
  • Moneyline
  • Game Props
  • Team Props
  • Player Props
  • Quarter Betting
  • Half Betting
  • Anytime scorers

NFL

NFL was not in season during the time of this Betfred review and so no opinion can be formed of their professional football markets.

NFL
Margins

N/A

NFL betting markets

N/A

Odds

N/A

Min/max bet

$0.10/variable

Promotions

None

Football Promotions at Betfred

There are no active football promotions at Betfred with NFL being in the off-season.

NBA

NBA betting at Betfred is pretty average, with the sportsbook offering good odds that will appeal to people who like to wager on the three main lines.

However, the markets available to bet are all quite basic and there is no real variety or originality in Betfred’s offering.

NBA
Margins

4.8%

NBA betting markets

50

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

None

The main issue with Betfred is that they don’t make odds available early enough, with some games having only the main three markets available a few hours before an evening tip-off.

Basketball Promotions at Betfred

Betfred do not offer any basketball promotions despite the NBA season being in full swing, which really hurts the sportsbook.

Even just one would make Betfred a more appealing betting site and help to make up for their lack of markets.

NHL

Betfred are poor at NHL betting, pricing up just a handful of markets and usually not even doing that in good time.

Their one saving grace is that they do offer good odds that are extremely competitive and are occasionally best price, which may be enough for some bettors to sign up with Betfred.

NHL
Margins

3.8%

NHL betting markets

14

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

None

Ice Hockey Promotions at Betfred

There are no Betfred promotions available for hockey, which is another negative aspect of the online sportsbook.

MLB

The MLB season had not started when this Betfred review was conducted and therefore there is no information available on baseball betting.

MLB
Margins

N/A

MLB betting markets

N/A

Odds

N/A

Min/max bet

$0.10/variable

Promotions

None

Baseball Promotions at Betfred

Betfred currently do not offer any baseball promotions but this may change when the MLB season starts.

NCAA

Every division one college basketball and football game is available to wager on at Betfred sportsbook, which is in keeping with other major US betting sites.

As per state regulations, bettors in Colorado and Iowa can’t wager on prop bets in any college game.

NCAA
Margins

4.8%

NCAA betting markets

8

Odds

Competitive

Min/max bet

$0.10/variable

Promotions

None

NCAA Betting Promotions at Betfred

Betfred sportsbook do not offer any college sports promotions to bettors.

Betfred Betting Features

There are a few features available on Betfred that should improve your betting experience, although two of three are standard across almost all major sportsbooks.

  • Early cash out

    Betfred provide early cash out but it is not clear on which sports or events, so you will only find out if your wager is eligible after you’ve placed it.

  • Live streaming

    There is no live streaming of games on Betfred sportsbook.

  • Bet builder/Same game parlay

    Betfred offer Parlay+ on select games, which is the sportsbook’s equivalent of a same game parlay.

  • Easy parlay

    Betfred have a ‘Trending Bets’ section on their Pennsylvania site, which shows five popular selections and allows you to easily wager on them.

  • Edit bet

    You cannot edit your bet after it has been placed on Betfred.

The trending bets section is a strong addition to Betfred as you can place the parlay at the press of a button, and as well you can remove legs you don’t like simply by unchecking them.

It would be ideal for Betfred to add this particular feature to their online sportsbooks in Colorado and Iowa, as currently it is only Pennsylvania bettors who can utilize this.

Betfred Live Sports Betting

Live betting is available on a wide range of sports at Betfred, including the big four American leagues and a variety of soccer games.

Betfred have convenient stats on a lot of games that can help your wagering strategy for in-play, but it’s worth noting that we found these to be slow at updating and so may be inaccurate.

Betfred live sports betting
Range of markets

Poor

Live stats

Average

Ease of use

Easy

Live streaming options

None

Offering more markets would make Betfred more enticing for live betting as there are only rudimentary options available on many in-play events.

Payment Methods at Betfred

Betfred provide many popular ways for you to deposit at the sportsbook, offering both online and physical options to suit your needs.

Payment method visa logo mastercard logo“paynearme “vip “play+bank transfer logocash at cage logo
Min/max deposit$10/-$10/-$10/$500$10/-$10/-$10/-$10/-
Min/max withdrawalN/AN/AN/A$10/-$10/-N/A$10/-
FeesNoneNoneNoneNoneNoneNoneNone
Payout timeN/AN/AN/A2-4 days24 hoursN/AImmediate
Withdrawal methodNoNoNoYesYesNoYes

There is no data available for the maximum deposits or withdrawals for most Betfred payment methods.

Betfred Mobile App

The Betfred app is only available to bettors in Colorado, who can download it from the App Store to iOS devices or to Android via Google Play.

Customers who are in Iowa or Pennsylvania can bet via the mobile site, but that doesn’t make up for the fact there is no native Betfred app for IA and PA.

That said, they’re not missing much as the Betfred app is slow and prone to constantly needing to confirm geolocation, even when you’ve not moved.

Geo-location with Betfred

You must be in one of the states where Betfred is licensed because they cannot accept bets from other locations. You cannot bet with them if you are in an unlicensed state, even if you usually reside there.

Betfred use Geocomply software to determine your location and allow you to bet with them. This computer plugin is available from Betfred’s website and it detects which state you are currently in.

For mobile users, your phone’s location services need to be on to bet from the Betfred app. If you are connecting to the Betfred app via WiFi, then your location will be detected automatically.

Is Betfred Legit?

Betfred is a legit sportsbook that is safe to use and licensed in six states of the US, having been granted permission to operate by the regulator in each of those states.

Betfred company info
betfred info
US licensesAZ, CO, IA, LA, NV, PA
Other productsCasino
Non-US licensesUK, Spain
Responsible gambling measuresCooling off, deposit limit, betting limit, self-exclusion
Year founded1967
OwnerFred Done and Peter Done
CEOJoanne Whittaker
Publicly tradedNo

History of Betfred

Betfred is one of the oldest betting companies in the world, having been founded in the UK over 50 years ago.

email confirmation
email confirmation

First shop opens

Fred Done opens his first betting shop with money gained from a bet on England to win the 1966 soccer World Cup.

Betfred opens its 100th shop

Done acquires Robert Walker bookmakers, taking their total number of shops to over 100.

Betfred becomes first sportsbook to pay out early

Betfred paid out early on Manchester United to win the English Premier League, only for Arsenal to eventually win the title.

encryption
encryption

Betfred name first used

The chain officially adopts the Betfred name and launches an online sportsbook.

chargeback
chargeback

Betfred buys more shops

Betfred takes their betting shop total to over 1,650.

Betfred launches in the US

Betfred Sports, the US arm of the company, launches in Iowa.

Why You Should Join Betfred

Betfred are a solid sportsbook with decades of experience that provides bettors with excellent odds and competitive welcome bonuses.

The range of payment methods available also makes it easy to deposit, which is always a strong positive for any legal US betting site.

Pros
  • Competitive odds
  • Good welcome bonuses
  • Easy to deposit
Cons
  • Not many sports
  • Welcome bonus not available in all states
  • No app in IA or PA
  • No FAQs on site

However, Betfred sportsbook falls down on too many different aspects, mainly the lack of sports available to wager on and the fact that the app is only available in Colorado.

The welcome bonus being available in only two states is also poor as it excludes a significant number of potential bettors.

Alternatives to Betfred

There are many other legal US sportsbooks around so if Betfred doesn’t fit the bill for you, you can take a look at some of our other recommendations:

FAQs

Any Betfred free bets you have in your account will be available to use when you got to place a wager. Instead of using your real money, simply click on the Betfred free bet in your bet slip.

Betfred is a legit and safe sportsbook, having been founded in the UK in 1967. They are licensed to operate in six states and are subject to regulation by the commission in each of those.

Betfred is primarily owned by Fred Done and his brother Peter Done, who originally founded the betting company over 50 years ago in a suburb of Manchester, England, using winnings from a soccer World Cup bet placed the year before.

Betfred is licensed in Arizona, Colorado, Iowa, Louisiana, Nevada, and Pennsylvania, with the sportsbook having been granted permission to operate by each of those state’s regulatory body.

Sign up for a Betfred account and deposit via any of the accepted payment methods. After you know which game you’d like to bet on, click on the market and type in your risk amount. Then click “Place Bet” and wait for the wager to settle.

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BONUS

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