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Betfred Review

Review of Betfred

Editors Note:
Betfred are one of the most well known high-street bookmakers and in this review of Betfred we’re looking at how their online service compares. We’ve given their service an 4 star rating.

I’ve had an online account with Betfred for at least 10 years and there’s no doubt in my mind their a reputable company that will pay out on winning bets.

They do have a few issues though, when compared to the bigger name bookies, and I plan to highlight them further below but they revolve mainly around design and a need for modernisation (although their app / mobile site does this well).

New customers are going to find one of the most unique sign up offers of any bookmaker at Betfred and a mountain of other long standing promotions which are especially good for football and horse racing.

New UK & NI customers only. 18+. Sign up using promo code ‘SPORTS60’. Deposit & place first sports bet at a minimum of £10 in one bet transaction at evens (2.0) +. £30 paid in free bets within 48 hours of bet settlement, expires 7-days after issue. E-Wallet & Prepaid Card restrictions apply. Your first bet must be settled within 60 days of bet placement. SMS validation may be required. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. Full T&Cs apply.

Review Ratings

Use the links to navigate our review.

Licensing & Safety

Flawless reputation
How safe is Betfred?
  • Licensed in UK
  • Gibraltar Commissioner license
  • Established in 1967
  • 100% secure & safe
T&C's apply, 18+, New customers only.

Betfred is licensed by the Government of Gibraltar and is therefore regulated by the Gibraltar Gambling Commissioner as well as the UK Gaming Commission.

For conformation of the registration, the license numbers granted to Betfred are 036 and 038. It’s not that uncommon to find bookmakers based in Gibraltar and licensed by Gibraltar and the UK – they do it to avoid the large tax bills they’d get if they operated out of the United Kingdom.

The fact that Betfred are regulated by two government organizations means that Betfred must, among other things:

  • Behave in a manner that ensures that all gambling on the site is fair and unbiased.
  • Ensure that only those over the age of 18 are allowed to use the services offered.
  • Provide assistance to anyone with problems related to excess gambling.

Deposits & Withdrawals

All major payment options
Will I get paid?
  • Deposit instantly
  • Withdraw quickly
  • PayPal, Skrill & Neteller
  • Debit cards & credit cards
T&C's apply, 18+, New customers only.
Method Fee Time Scale Deposit Withdraw Limit
Visa/Visa Debit £0 Instant £5 – ?
Mastercard £0 Instant £5 – ?
Maestro £0 Instant £5 – ?
Credit Cards £0 Instant £5 – ?
Neteller £0 Instant £5.50 – ?
Skrill £0 Instant £5 – ?
PayPal £0 Instant £5 – ?
Paysafecard £0 Instant £5 – ?
Bank Wire £0 3-10 Days £85 – ?
Cheque £0 5-28 days £25 – ?
Cash In Shops £0 Instant £10 – ?

Markets & Odds

Great depth of markets
What sports are offered?
  • 25+ different sports
  • Great for football
  • Good prices
  • Limited live streaming
T&C's apply, 18+, New customers only.

In this section of our review we’re going to take a look at what you can bet on and the live betting options at Betfred.

Betfred offers the possibility to bet on a range of different sports, however the depth of markets per sport and per event isn’t quite up to standard with the likes of Betvictor and Bet365 so don’t be surprised to see less market options here. Sports that can be bet on include:

  • American Football
  • Athletics
  • Aussie Rules
  • Badminton
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • eSports
  • Football
  • Gaelic Football
  • Golf
  • Greyhounds
  • Handball
  • Horse Racing
  • Hurling
  • Ice Hockey
  • Lottery
  • Motor Sports
  • Politics
  • Pool
  • Rugby
  • Snooker
  • Specials
  • Tennis
  • UFC / MMA

As can be seen, the amount of sports to bet on is wide, and the different sports can all be expanded on by clicking on the relevant selection on the menu, located on the left of the screen (use a-z menu on app).

This will bring up various options for each sport, all the way from regular bets, such as the final score, through to more obscure bets, such as the number of corners in football. As a general rule you will find less betting options per event than at some of the other bigger online bookmakers.

You can also access all of the markets at Betfred via the Betfred mobile app.

Live streaming is only available on horse racing and greyhounds… more on that below.

In-Play Betting

Horses & greyhounds streams only
Is live betting offered?
  • Live betting on all sports
  • Streams for greyhounds & horses
  • Comprehensive scores & stats
  • Constantly updated odds
T&C's apply, 18+, New customers only.

Betfred also offer live or in-play betting if you prefer via a dedicated section on their website.

Betfred In-playThe Betstream interface they use makes it easy to place bets instantly and they’ve recently massively upped their game when it comes to in match stats, graphics and scores – which was much needed. The odds are updated on an regular basis throughout any match and prices are competitive.

Their in-play offering is a definitely second best when you compare the live options offered by the likes of Bet365 who allow their punters to see full match information, live odds and in most cases a stream of the event taking place.

Betfred need to get this sorted if they are going to compete with the big boys in the industry and for this reason alone we don’t believe they belong in the high star rating categories.

Live streaming is available but only for horses and greyhounds with punters who want to watch needing to bet a a minimum of £1 on the race in question.

Welcome Bonus

Bet £10 get £30 + 30 spins
New Customer Offer
  • £30 in free bets
  • 30 free slot spins
  • Most additional promotions
  • Friendly wagering requirements
T&C's apply, 18+, New customers only.

The current Betfred free bet on offer to all new customers entitles you to place a bet of £10 or more and win or lose you’ll get a £30 free bet as a welcome bonus and a 30 free spins.

It’s dead easy to claim and as long as you don’t currently have an account with Betfred then you can get your hands on it (no promo code required). To get access to the two bonuses follow the instructions below:

  1. Start out by clicking this link to claim your £30 free bet & free spins! (link will open in new browser window)
  2. Open an account by clicking the green ‘Sign Up Now’ button in the top right of your screen.
  3. Once your account is open you must make a deposit. If you want to claim the bonus in full you’ll need £10.
  4. Now place a £10 bet on any market you want (min odds 2.0) and no matter what the result within 24 hours you’ll have a £30 free bet in your account and 30 free spins.

Withdrawing: you can withdraw any money won from free bets or free spins instantly.

Click here to get your £30 + 30 spins bonus!

T&C's apply, 18+, New customers only.

Overall Review

Here’s our overall take on things…
Our Verdict of Betfred
Best promotions of any bookmaker
Our Rating for:

In our reviews section we’ve given Betfred 4 out of 5 stars which is the third highest grade we dish out to any online bookmaker.

They are licensed with a good reputation among online punters and always pay out on winning bets.

when it comes to long standing promotions they have plenty available to football, horse racing and greyhound racing fans. When compared to all other bookmakers we’ve reviewed Betfred come out top of the pile on promotions and it’s a mjor plus point for them.

Plus their welcome offer is also one of the best around.

There are a couple problems with Betfred thought and until they do something to resolve them we just can’t rank them any higher.

Firstly their live betting offering just isn’t up to standard. There’s not enough live streaming and even though stats and graphics are better than before they still don’t compare to the big boys.

Second up, whilst many sports are available to bet, the option of bets available per event is no where near as good as some of the other players in the industry. Often Betfred will have around 50 markets for popular events when others are offering 100+.

The bottom line is that until the above issues are fixed they won’t make it into a highest categories. However the sheer number of promotions they run, and their quality sign up offer which has virtually no wagering requirements, means we highly recommend you open an account.

T&C's apply, 18+, New customers only.

User Reviews

What actual customers are saying…
  • Callum Jeffers
    August 23, 2018

    Have just started using Betfred and am really pleased with what I’ve found so far. I opened a new account with them to coincide with the new Premier League season starting, so that I could get their bet £10 and get £30 offer. Found it really easy to deposit and put my £10 bet on Man United to score two or more in the Friday Night Football against Leicester at 2.07.

    Obviously United did get two, which made my bet a winner and meant I got £20.07 winnings as well as my £30 in free bets, which was credited really quickly.

    I took the winnings out of my account again straight away without any problems and am now looking forward to using my £30 of free bets on some other matches. Fingers crossed my other bets are as profitable as the first one.

  • FredDonesBaldyHead
    September 3, 2018

    The Betfred adverts with that Fred Done chap do my nut in but as it turns out they’re the best bookie I’ve got for the football. Double Delight & Hat Trick promo is well worth a look for a bit extra value if you like a bet on first goalscorers.

    I’ve got the app but also use the website (which I reckon is a bit dated when compared to someone like Bet365) and both are easy to use. Never had a problem getting money on or off the site either.

    Worth a go I reckon.

  • Finty
    May 30, 2019

    Agree with the lad above, class name btw, who says Betffred are worth a go. Noticed they’ve done a redesign and whilst I’m not usually one for change the site works way better since. Pick Your Punt is a good feature but stay away from the casino side of things – rigged imo.

Post Your Review

Star Rating Out of 5

Betfred FAQ

Does Betfred do free bets?

The Betfred free bet currently allows new customers to sign up, bet £10 and get £30 in free bets and 30 free casino spins (use code SPORTS60). To trigger make your first bet on sports at £10 of odds of evens (2.0) or higher – T&C’s apply, 18+.

Does Betfred still have Lucky 15 bonuses?

Betfred offers two Lucky 15 betting bonuses. The All Correct Bonuses promotion give you a 10% win boost on successful Lucky 15’s whilst the One Winner Bonus get your 3x odds if you only have one winner in your Lucky 15 – both apply to horses and greyhounds only.

Do Betfred run best odds guaranteed?

Yes but only on horse racing. If you take a price at 7am or later on race day and your horse goes off at longer odds and wins then Betfred will pay out at the bigger odds – full terms and conditions apply.

Can you cash out on Betfred?

Betfred offer cash out on singles and multiples on what they call ‘selected markets’ but in reality that means it’s possible on virtually all markets and bets you make giving you the chance to lock in profit before the final outcome is decided.

What is Goals Galore at Betfred?

Goals galore is a promotion run by Betfred which allows you to place both teams to score accumulator bets at a set price. Often if you check the odds of the set price vs the actual price without the offer you’ll find the Goals Galore giving you bigger odds.

Author: David Lenton

David Lenton
David 'the Cheeky Punter' Lenton is an ex professional online sports bettor and trader with over 15 years of experience in the industry. He has also worked for a number of top bookmakers including Bet365, Ladbrokes, William Hill and Coral. With such a long time spent dedicated to the gambling industry no one is better placed when it comes to advising punters. Follow on Twitter @thecheekypunter