Betfred sportsbook review: Get the best welcome bonus of 2023
YOU might have spotted Betfred on the high street, but what’s it like if you want to bet online, and what bonuses can you get?
That’s exactly what we’re here to find out in our review of the latest sports promotions at Betfred.
Things we love about Betfred
Betfred is a trusted high street name, and the online version has a lot to love about it, too. Here are our highlights.
- Live streaming for many events
- Wide selection of promotions for many different sports
- Fast withdrawals
Things to improve at Betfred
There are a few minor points that we would like to see the bookie improve on in the near future.
- Welcome offer is only for debit card deposits
- Site layout could be more intuitive
Latest Betfred offers and bonuses for sports
Whether you like football, horse racing, greyhounds or exploring different sports, there’s an offer for you at Betfred. You can check out the full list of bonuses on Betfred’s promotions page, as they’re updated to match the changing sports seasons.
Most offers are triggered by depositing and betting, so as long as you meet the criteria, you’ll receive your reward.
All promotions have their own terms and conditions; it’s best to check the specific rules for that offer.
However, you can usually expect to receive your reward as a free bet, which isn’t available for withdrawal. You won’t get your stake back if you win, and the free bet usually expires after seven days.
Welcome bonus
New customers at Betfred get £30 in free bets along with £10 in casino bonus when they register, deposit and bet a minimum of £10. To be eligible, you’ll need to deposit using a debit card within seven days of registering.
You need to wager it on one sports selection with even odds or higher, which will be settled within seven days.
Your free bet arrives within 10 hours of your bet being settled and expires after seven days.
You can use your free bet on any market, but you will need to have your account verified before it’s awarded.
Accumulator bonuses
If you love to combine multiple legs in one bet, then the Acca Flex promotion is for you. You can get up to 50% as a boost to your winnings.
It applies to prematch football accumulators. To be eligible, your bet needs five or more legs, and each leg needs to meet the minimum odds of 1/2.
If your bet loses by just one leg, you get your stake back in cash up to £10. However, if your bet wins, you get a percentage boost, which depends on how many legs are in your acca.
Five legs get a 2.5% cash bonus on top of the winnings; from there, the percentage rises to the maximum of 50% for 12 or more selections.
Offers by sport
During our review, we noticed promotions for several specific sports. Besides the Acca Flex, there are in-play and prematch football rewards for bets on the first goal scorer market, when there’s a hat trick.
As for horse racing, you can get your money back as a free bet if your horse finishes second or third. Plus, look out for offers paying extra places and boosts for Tricast and Lucky 15, 31 or 63 bets on greyhounds and horse racing.
There’s also insurance on NFL accumulators with the Anytime Touchdown scorer selections.
How to sign up at Betfred – step by step
To gain access to all the promotions and sports betting, you need a Betfred account. We talk you through exactly how to create one, whether you’re visiting the site or using the mobile app.
- Use our provided link for the best bonus offer
- Create your username and set up a password
- Confirm you’re over 18 and check and accept the terms and policies
- Enter your name and date of birth
- Add your contact details, including email, phone number and address
- Set up your security questions, adjust your account settings and confirm
- Launch your account, deposit and place your first sports wager
How to place a bet
Your first step is to browse the sports, events and markets. We recommend checking the odds, and when you find some that interest you, click them to add the selection to your bet slip.
Now it’s time to enter your stake; you’ll be able to see your projected winnings shown towards the bottom of the bet slip. Add more selections if you want, and when you’re ready, hit the bet button.
How to get the most out of live streaming with Betfred
While you bet on live sports events, you can watch them at Betfred, too. Not every match has live streaming; to know which ones are available, look out for the green ‘Watch Live’ button and play symbol.
Once you click on an event, you can check out the statistics and animations or choose to watch live. You need to be logged in and have a balance of at least 1p or more to stream. You’ll still see the betting options below so that you can watch and bet.
How to claim your bonus
For a positive start to your experience at Betfred, you’ll want to claim your welcome bonus. Follow these steps to get your free bets.
- Use our registration guide to create your account
- Deposit at least £10 with a debit card
- Use our betting guide to place your first wager
- Remember it needs to have odds of 1/1 or more, and you need to wager £10 on one selection
- When your bet settles, look out for your £30 in free bets
Betfred payment methods
UK punters can choose from a short but flexible list of payment options. They include Skrill, Neteller, Visa, Mastercard, paysafecard and PayPal.
Keep in mind that you need to choose a debit card deposit to be eligible for the welcome offer.
Betfred withdrawal options
Whenever possible, the operator aims to process your withdrawal using the same method as used for your deposit. If that can’t be done, an alternative method will be used, although you might need to provide documents to verify that the method is yours.
The minimum amount you can withdraw in a standard transaction is £5. Requests for smaller amounts need to go through customer service.
Typically, Betfred approves and processes withdrawals on the same day. If verification checks are required, it can add up to 48 hours to the process. The time it takes for the funds to reach your account after that depends on the payment method.
Betfred minimum deposit
The minimum deposit limit depends on the payment method you want to use. You can check them out from the deposit page. It’s worth keeping in mind that you need to deposit and wager at least £10 to receive your welcome offer with free bets.
Find the best £5 deposit bookies
How to use the cashout feature
Like many other online bookies, Betfred offers you the chance to cash out on your sports bets. It means you can take the current return shown in your active bets list before an event is over. When you settle early, you receive an amount based on your original stake, the status of the bet and the current odds.
To settle early, look for the CashOut button next to your bet and check the amount next to it. Remember, it could be less than your original stake, and it’s not always available.
If you want to proceed, you need to confirm within three seconds of pressing the button. If part of the selection is currently in play, there’ll be a seven-second delay before you receive confirmation.
Free bets at Betfred
There are plenty of free bets offers at Betfred. There are a few essential rules to keep in mind.
Any wager you place to qualify for a free bet promotion can’t be placed with a free bet. Plus, it becomes ineligible if you use the CashOut button.
To use a free bet, use the tick-box in the bet slip once you’ve added your selection. They expire after seven days, so look out for them when they come your way.
More reviews of online UK bookmakers
- Ladbrokes review
- bet365 review
- Parimatch review
- BetVictor review
- Unibet review
- Spreadex review
- Tote review
- kwiff review
- William Hill review
- Betway review
- BetUK review
- Coral review
About the author
Wayne Goodchild
Wayne has been writing betting content for several years, with an emphasis on finding the best casino bonuses and testing the latest slot games. He’s originally from the UK but has lived all over the world, with Slovenia as his current base.
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