Betfred Review

Michael

Bookmakers

March 16, 2016

1670 Views

This Betfred review tells you what you need to know about the bookmaker and their free bet bonus for new customers. Betfred is among the largest independent bookmakers not only in the UK but also in the world. They  currently boast a network of over 1350 shops. Founded by Fred Done in 1967, it had just a single shop back then. It is currently being operated by Petfre Limited.

Recently, the company acquired Tote for a whopping £265 million. It has also been given an exclusive 7-year license for operating pools betting on UK racecourses. But is it the betting company for you?

Before you answer that question, take a moment to read our exhaustive Betfred review.

Betfred Review of the Sign up Bonus

While Betfred’s signup offer is not necessarily a brilliant one, it surely is a reasonable welcome offer.

Its free bet of £30 when you place a bet of £10 may not be anything especially generous, if you compare it with the one offered by other bookies, but it still does the job. In order to be eligible for the free stakes, it is important that your opening bet has odds of evens or even greater.

Recently, they have introduced a new welcome bonus called Double the Odds. It encourages newbies to bet with their first real money on any of their special live odds offers bet. In case the bet wins, the player will be paid double for their winnings.

Betfred Payment Options

In our Betfred review we will look at what payment methods are accepted. Betfred accommodates all currencies.

In case of a transaction requiring a currency exchange, the exchange rate applicable will be mid-rate as quoted by FT (Financial Times).

Depositing or withdrawing can be done by any of the methods below:

• All debit and credit cards (this includes Visa Delta, Laser, Solo, Switch, Visa, Maestro and MasterCard).
• PayPal
• Skrill (Moneybookers)
• Bank wire
• Cheque
• Neteller
• Bankers Draft

For cards, the minimum deposit amounts £5.00 and £5.00 for e-wallets.

While Betfred don’t charge for depositing funds with your debit card, some card issuers do charge a fee when the card is used for gambling.

Betfred allows one free deposit made using Moneybookers and Neteller per day. All extra transactions less than £170/$300/€300 could be subjected to a charge of 2.9%.

Customer Support

Betfred has one of the best customer support systems with 24/7/365 live chat in English. They also have an email support as well as phone to respond to customer queries. In most cases, your query will be replied to almost instantly.

Betfred also has a FAQ section that provides answers to the most frequently asked questions. The channels of support are grouped into four and these are: free bets, general, technical and accounts support.

Current Promotions

Now we will look at the range of bonuses and promotions in our Betfred review. This is something that helps Betfed stand out from the crowd.

Although they provide bingo and casino on their website as extra entertainment, the main reason Betfred is what it is today has largely to do with their creative ideas which have made them insanely popular.

For instance, their fixed odds coupons offer is just amazing considering the huge rewards that they give on football markets. The following are some of their offers:

• Goals Galore
This involves Betfred compiling a list of football games in the football calendar but rather than accumulate odds as their competitors do, they give very magnanimous fixed odds based on the amount of selections.

• Anytime You Like
This works similarly to Goals Galore coupon but it involves punters picking from a lesser list of players that could score anytime in the specific day’s matches. Their odds aren't very magnanimous, but there is no question that Betfred are the most creative of the lot of football bookies.

• Double Delight/Hat trick Heaven
This is where if you the player you have picked nets his first and then second goal, your starting odds get to be doubled and then trebled in case your pick scores a third goal. If you want the best goal scorer market, nothing comes close to Betfred. Furthermore, their great promotions choice is sure to keep you hooked.

Pros

• Safe and Secure
The Betfred employees are very serious about their work and aren't necessarily the fly-by-night bookies. Given that they have more than 1300 shops and are investing in innovating standards such as mobile betting, these guys are here for the long haul.

• Bonus Kings
They get this nickname from the fact that they provide a nice range of punter incentives and free offers especially notable in the last 12 months. Also, their football betting offers have become incredibly popular.

• Wide betting coverage
Their betting coverage is fairly wide as they cover UK and European football. They also cover darts,  Horses, Greyhounds and Snooker very well. Lately, they have shown indications to break into the US markets while providing fantastic prices on key US fixtures.

• Highly credible odds
They are known for their strong record on value. They are a safe and secure UK bookmakers that cover most sports events followed by punters. In short, Betfred offers secure and safe access to some strong competitive odds. They also have fun promotions and useful bonuses.

Cons

• While Fred has just recently introduced the Asian Handicap odds, finding them on the site can prove a little tricky.
• The other thing is that they tend to be too UK-centric. While their covering of the UK games is extensive, they only cover the major leagues of Europe.

Countries Accepted

Betfred accepts players from the UK and Europe.

However, the following countries are not accepted:

• Belgium• USA• Germany• Finland• Greece• Bulgaria• Norway, • South Africa• Poland• Sweden• Turkey• Portugal• The Netherlands

Live Betting

Better also offers in-play or live betting on their website. Thanks to their Betstream interface, players are able to instantly place bets. However, it lacks match stats completely for all sports. Also, they do not show live scores.

While the odds are regularly updated as the matches are played, you have to open a different platform if you want to know how the games are panning out.

Our Final Take

In our Betfred review we have concluded that the overall standing of this bookmaker is one of a decent standing for punters worldwide.

Not only are they licensed but they also have a good standing reputation amongst online punters and this has to do with their enterprising promotions. They are also among the only bookies with long-standing rugby promotions, take note rugby fans.

This is one of the reasons why they have a good score from us. Their offerings also include poker, bingo, live casino, lotto, games and casino.

Any minor issues we have mentioned in our Betfred review are negated because of the great range of bonuses. We duly recommend the site for punters to play at.

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