- Good range of Betting Offers
- Live Streaming
- Horse Racing Bonuses
- Football specific Bonuses
- Banking Choices
- Independent Bookmaker
- Customer Satisfaction and Rating High
- Country Restrictions
New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
- Online Since:2004
- Operator:Independent - Petfre (Gibraltar) Ltd.
- Customer Support:24/7
- Bonus Code:WELCOME40
Betfred Review (UK Players) – Bonus, Features, Good or Bad?
If you live in the UK, then we have absolutely no doubt you will have heard of Betfred. Established in the late 1960s, Betfred has quickly become a staple of many high streets around the country. They are also a major sponsor of events, particularly horse racing, up and down the country. So, it should come as no surprise that you probably want to check out their online site too. The big question is; is it worth it?
Betfred is a betting company steeped in history. It has been around since the 1960s. It all got started when a bet on England winning the World Cup in 1966 paid off rather handsomely. This cash was then invested in creating the first Betfred store (in Salford).
The huge growth of Betfred has resulted in the company being the largest gambling company in the United Kingdom, and they show no sign of slowing down either. Even as the vast majority of people start to gamble predominantly online, Betfred still maintains a rather hefty network of physical locations.
Interestingly, while Betfred is a predominantly British company, its main offices are located in Gibraltar. However, this isn't a huge problem. Gibraltar is still a reputable place for gambling legislation, and many of the major gambling companies in the UK are based here too, or in Malta. Very few operate massive offices in the UK.
Sign-Up Offer – Get £40 in Bonuses
The sign-up offer for Betfred can change on occasion. So, it is always worth popping on over to the site to see what current promotions are running there.
At the time of writing, the sign-up offer was “bet £10 and get £40 in free bonuses”. This certainly isn't too shabby, and it is probably one of the best gambling promotions in the UK right now, at least from the major websites.
Once you are signed up at Betfred, you will be able to enjoy a wealth of VIP offers. This includes enhanced odds, extra cash, etc. Betfred is one of those sites that really loves to give back to their regular punters.
Betfred is your bog-standard gambling site. It likes to keep things simple, which we love. There aren't going to be any complicated features to navigate.
The main highlight of gambling at Betfred is probably going to be appealing to lovers of horseracing. Every single horse race run in the UK ; Ireland is broadcast live on Betfred. They will have a small smattering of international races too. This is great if you fancy having a flutter on the go.
The reason why Betfred doesn't seem to go overboard in terms of features (other than simplicity), is because they want to ensure that they can continue to offer fantastic betting odds to their punters. There is no denying that Betfred offers some tremendous odds on its platform, and this is all because they are not investing tons of cash into features that nobody is ever going to touch.
Betfred offers access to a multitude of different sports, with football being the main one on offer (as you may expect). This includes a ton of markets open for each event, with live betting running on over 90% of all of the events on the site.
Betfred also offers an early cash-out feature. In fact, they were one of the first bookies in the UK to do so. If you have a winning bet, you can cash out whenever you want, albeit at reduced odds.
On top of this, you also have lotto and casino, but we will talk about that more in a short while.
How To Get Started and Login
As with all major gambling platforms, getting registered for Betfred isn't too difficult. All you need to do is hit that link on this page and you will be taken to the sign-up page.
The bonus will be automatically applied to your account (make sure that you double-check that you want to take advantage of the bonus during the sign-up process).
In order to receive your £60 in free bets, you will need to bet a minimum of £10 on a single bet with odds of evens or higher. You can make your initial deposit during the registration process on the site.
Because Betfred has to conform to gambling legislation in the UK, they may ask you to provide ID documents later on down the line. If you do not, then you can't withdraw your winnings. The same will apply to every single gambling company in the country. This is not unique.
Once you are registered, you can use your account to log in through the app or on their website.
Betfred has an app available on both the Google Play and Apple App Store. It is one of only a few companies that do.
The app isn't too difficult to use. In fact, many people don't even bother to use the app because Betfred has invested in a pretty decent mobile browser, so you could just open that up on your mobile device instead.
The app will allow you to access the same features that you would be able to access through their website. This means that you can bet on the same sports, you can deposit into your account, can make withdrawals, and you can bet on live sports.
You can even watch live-streamed races too, although we wouldn't recommend doing that if you are using a mobile internet connection. They take up a lot of bandwidth.
In our opinion, the Betfred betting app is one of the best betting apps out of all the online sportsbooks in the UK.
Betfred allows you to get money in and out of your account in multiple ways.
The minimum deposit for most methods is either £5 or £5.50, same with the minimum withdrawal. The exception is deposits using bank transfer has a minimum of £85 and Paysafecard is £10.
You can deposit and withdraw using these methods:
- Debit card
You can deposit ONLY with these methods (i.e. no withdrawal support):
- Bank Transfer
Withdrawals can take anywhere from 24 hours to 48 hours top fully process. It depends on whether extra security checks need to be carried out.
In addition to being a bookie, Betfred also has a fully-fledged online casino. This includes access to a ton of casino games (including the good old online fruit machines), live dealer games, and a sport of poker. There are also lotto and instant win events.
The online casino for Betfred will have its own bonuses. You will also need to download a separate app to access the online casino.
Pros ; Cons
So, now we have given you a quick overview of the platform in this Betfred UK review, let's go through the pros and cons.
- Great welcome bonus
- Regular VIP bonuses
- Live streamed horseracing.
- Stunning mobile app
- Can't deposit or withdraw at a Betfred store.
- Doesn't always have the best betting odds.
Betfred is one of the best online bookmakers in the UK, which should probably come as no surprise since they have about 60 years of experience in the gambling industry. If you are looking for a new bookmaker, then check them out. While they do not always offer the best odds, they get it right most of the time. Worth every minute that you spend gambling there.
Is Betfred legit?
Yes. They are fully licensed by the UK Gambling Commission. They are one of the largest bookmakers (both online and offline) in the country.
How long does Betfred take to pay out?
It depends on the withdrawal method. It should take around 24 hours, in most cases. However, Betfred may occasionally need to carry out additional security checks.
Does Betfred pay double results?
Yes, although some bet types may be excluded from this. However, your typical horse race bet will pay double results.
Do Betfred pay best odds?
Due to the way in which gambling works, no bookmaker will be able to consistently pay the best odds. However, Betfred gets good odds most of the time. In fact, they are good enough for this to be the only site that you need to register for.