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4.2/5

  • Can deposit as little as £5
  • The odds offered are relatively competitive
  • Generous sports welcome offer
  • A steady flow of alluring ongoing promotions for existing users
  • Offers live streaming and live betting
  • Dozens of sports and thousands of markets
  • Limited payment options
  • No instant withdrawals
  • Lacks a partial cash out option

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.

Overview


  • Available in:
    United Kingdom
  • Downloadable apps for:
    iOS & Android
  • Licensed & regulated:
    Yes
  • Tipico promo code:
    No code required

Betfred Review

Written by:
Oliver Dickinson
Fact checked by:
Alex Windsor
Updated:
June 7, 2024

Betfred is a respected and trusted name in the UK sports betting and gaming industry, with a proud history stretching back to 1967 when it was founded by Fred Done as a single betting shop called Done Bookmakers. Since then, it has grown exponentially to become one of the largest independent bookies in the UK, boasting 800,000+ active customers and operating over 1,650 betting shops throughout this island country.

2004 was a significant year since Done Bookmakers was renamed Betfred and a digital platform (Betfred.com) was launched the same year. The platform is the home of superior online betting options for punters in the United Kingdom. In addition to offering a diverse range of sports betting markets, Betfred.com gives you access to online casino games, virtual sports, lottery, live dealer games, bingo and much more.

Not only does Betfred offer UK-friendly banking methods, but it’s also one of the reliable low minimum deposit betting platforms since it allows players to fund their accounts with as little as a fiver.

Our team of experts has pieced together this comprehensive Betfred review to help you gain a rich understanding of this betting platform and the products and services it offers. We’ll cast light on how to set up your Betfred account, promotions and bonuses that new and existing players can claim, accepted banking methods, and more.

Betfred Fact Sheet

📖Betfred Sportsbook
🌐Websitewww.betfred.com
📱Mobile AppsBetfred mobile app for iOS and Android users; website optimised for mobile devices
📜Betfred Promo codeNot required, use links
🎁Welcome BonusGet £50 in Free Bets when you sign up and place at least £10 on your first sports bet
💵Minimum Sportsbook DepositVaries depending on the deposit options used, but some banking methods start at £5
💳Payment MethodsDebit cards (Maestro, Visa, Mastercard)
NETELLER
Skrill
PayPal
Prepaid cards (Paysafecard)
Bank transfer
⚖️Licences & Legality– UK Gambling Commission
– Gibraltar Gambling Commissioner
🏈Betting MarketsFootball
American Football
Baseball
Cricket
Cycling
Basketball
Badminton
Horse Racing
Boxing
Golf
Greyhounds
Ice Hockey
Gaelic Football
eSports
Darts
Formula 1
Politics
Rugby League
Rugby Union
Snooker
UFC/MMA
Volleyball
Tennis
📖Betting TypesAccumulator, Each-Way Accumulator, Single, Each- Way Single, Double, Each-Way Double, Treble, Each-Way Treble, Heinz, Super Heinz, Lucky 31, and more
☎️Customer SupportTelephone, Live Chat, Email, Social Media
Unique FeaturesThe PickYourPunt builder, Acca insurance competitive odds, UK-friendly banking options
Areas For ImprovementIn-play console is dated, limited banking options, no instant withdrawals, no partial cash out option

Registration Process

You must create an account to enjoy Betfred products and services. Let me walk you through the simple steps you need to follow to complete the registration process.

1. Visit Betfred.com using the link featured on this page and click on the green Join button.

2. Provide your email address and create your username and password.

3. Confirm that you are at least 18 and accept Betfred’s terms & conditions before hitting the Continue button.

4. Provide your personal details, including name, title, telephone number and date of birth.

5. Choose how you would like to receive bonuses, free bets, exclusive offers and promos.

6. Select your preferred currency and how you would like to receive messages about Betfred offers and promotions.

6. Click Register to complete the process.

Your account will be verified immediately if everything checks out. However, keep in mind that you may be asked to upload copies of official documents using your desktop or mobile device to validate your address, age and identity. Once your account has been verified, you can now access your account and enjoy Betfred’s betting services.

Betfred Sports Welcome Bonus

New customers from the UK who complete the registration and verification process and then deposit and place at least £10 on their first sports bet will receive £50 in Free Bets within ten hours. To be eligible for this offer, you must fund your account using a debit card and place your bet on qualifying Sportsbook markets at odds greater than or equal to Evens (2.0) within seven days of signing up.

Those who place bets using free bets or wager on virtual sports and Totepool will not be eligible for this offer. You must also avoid CashOuting your qualifying bet.

Once you get the free bets, you can use 3 x 10 pounds on any sportsbook markets you want and 2 x 10 quids on accumulators (4+ selections). Make sure you have used your free bets within seven days of receiving them, or else they will expire.

Banking Options and Limits

For payments, Betfred accepts GBP and Euros, and we found that the gambling platform supports a good amount of banking options that UK players will find convenient. Betfred doesn’t charge any fees when you make deposits or withdraw money from your account.

To fund your online betting account, you must log in and go to the My Account section. Then, you will have to click the Deposit button and choose from the following deposit options:

You can also visit the closest Betfred shop and fund your Betfred account with at least a tenner. As per the directions of the UKGC, UK players cannot deposit funds to their accounts using credit cards.

All deposits are instant except for bank transfers, which can take 2-5 working days to reach your account. Betfred has a £85 minimum deposit limit for bank transfers. The minimum and maximum deposit limits for debit cards are £5 and £20,000, respectively. The minimum deposit limit of Paysafecard is also £5, but the maximum is set at £250.

If you prefer funding your account with Skrill, you can deposit at least a fiver. NETELLER and PayPal have a minimum deposit limit of £5.50. The maximum you can deposit with e-wallets is £15,000.

Betfred processes withdrawal requests within 48 hours. There’s no minimum withdrawal amount, but you must first contact the Betfred support team if you want to make a withdrawal request of less than a fiver. You can make a Betfred withdrawal request using the following payment options:

  • Maestro
  • Visa
  • Mastercard
  • Skrill
  • Paypal
  • NETELLER
  • Bank transfer
  • Betfred shops

The minimum you can withdraw without contacting Betfred’s customer service is £5 forall the supported payment options, except for bank transfer, which has a minimum withdrawal limit of £25 per day.

Debit cards have a maximum withdrawal limit of £9,999.99. The maximum you can withdraw using PayPal, NETELLER and Skrill is £5,000, £4,000, and £6,500, respectively.

Betfred Key Features

Customers who sign up with Betfred will enjoy some of the best features you would find on top UK sports betting platforms. I loved the breadth of available betting markets across a wide array of different sports.

Betfred also offers competitive odds, particularly for traditional UK sports like football, snooker, rugby and darts. Most bets give quite impressive payouts that can go up to 96.5% at times. The live bet odds also compare well with those of well-known UK bookies. They react swiftly and change as events unfold. The average Betfred payout is around 95.1%, which is great and similar to that of leading sports betting sites.

Betfred’s PickYourPunt (PYP) Builder is also an excellent betting feature, as it offers punters a chance to select their markets and combine them to form a single bet.  While I liked the CashOut feature, it’s not as widely available as you would find at some of its competitors. This feature is available on selected multiple, single and Acca horse racing, tennis, golf and football bets.

You can use the CashOut feature to reduce losses when your bet is going wrong or when you want to enjoy a more significant profit. But, I was disappointed that Betfred does not have a partial cash-out option. Other unique features include Acca insurance and Totepool.

Leagues and Sports Betting Coverage

With 30+ comprehensively covered sports markets, players have several choices to place bets. Common betting markets are football, horse racing and greyhounds, which are placed conveniently on the quick links bar.

Football is intensely covered at Betfred, focusing on all the main leagues in the UK. This includes the English Premier League, Scottish Premiership, Championship, English Football League One, League One and EFL League Two. You will also find the main European football leagues, including the German Bundesliga, Italian Serie A and Spanish La Liga.

With that in mind, let’s look at other sports and competitions that Betfred covers:

  • 🏈American Football
  • Baseball
  • 🚴Cycling
  • 🏏Cricket
  • 🏀Basketball
  • 🏸Badminton
  • 🏉Australian Rules
  • 🥊Boxing
  • 🏌️Golf
  • 🏎️Formula 1
  • 🏒Ice Hockey
  • 🗳️Politics
  • 🏐Gaelic Football
  • 🎮eSports
  • 🎯Darts
  • 🏉Rugby League
  • 🏉Rugby Union
  • 🎱Snooker
  • 🤼UFC/MMA
  • 🏐Volleyball
  • 🎾Tennis

How to Bet on Betfred

Betfred has made betting a walk in the park for everyone. You first have to complete the registration process and fund your newly-created account. Make sure you deposit at least £10 using your debit card to take advantage of the new customer offer.

Now, go to the upper left corner of your screen and click Sports. Next, select a sport and pick a market you wish to bet on from the available options. For instance, the markets you can bet on when you choose an event under the Football section include Both Teams To Score, Clean Sheet, Correct Score, and To Win Both Halves.

Once you see a market that fits the bill, you can click on the odds and add it to the bet slip. Now, click Bet Slip and input your stake. You can check your estimated returns in the box positioned at the side of the Stake box. This number will vary depending on your total stake and the current odds.

Once satisfied with the stake and potential returns, hit the green Place Bet button. Confirm your wager by clicking the Confirm button. You can check the bets you have placed by clicking My Bets.

Betfred Customer Support

Betfred has a dedicated support team ready to help customers who may need help or have inquiries. We contacted its customer support team to gauge its quality and found it was friendly, professional and helpful.

For immediate assistance, you can use the Live Chat function to talk to one of their customer service agents. You can also ring them up via 0800 028 7747 between 8 am and 8 pm if you have urgent questions and want to speak to one of their customer service reps. For longer-worded enquiries like stating a complex issue that does not need an immediate response, drop them an email at support@betfred.com.

We emailed them to ask a few questions about bonuses and got our reply within 48 hours. Our team loved the fact that a support option is always available for anyone who needs assistance and the response times are quick for email and live chat support.

You can also get in touch with their support agents by sending a direct message to the Betfred X, Facebook or Instagram page.

Before reaching out to Betfred’s support team, it might be a great idea to go through their detailed Help pages since they answer most questions you would want to know regarding Betfred, including betting rules, payment methods and transparent information about bonuses.

Betfred App

Betfred offers a seamless mobile betting experience; you can access the betting site on any mobile device through a browser. You can register, fund your account and enjoy the welcome offer and other ongoing promos on the desktop view. Players can also access mobile betting via the Betfred mobile app, which is available for download on Google Play Store and the App Store.

I am not a big fan of the Betfred app since it takes ages to load, crashes frequently and is hard to navigate. I also feel the design of the Betfred app is a little dated. Placing bets on the mobile app is also challenging since seeing the lines on the spreads is hard due to the small fonts.

Live Streaming

Betfred offers live streaming services on UK Greyhound Racing and Horse Racing markets. While you can stream other sports, you cannot place live bets.

You must log into your account and have a cash balance of £1.00 or more to enjoy their live-streaming services. But for some Greyhound tracks, including SIS UK and US tracks, you must place a fixed odds real money bet of £1 or more to win or 50p each way on any race you want to watch.

Watching a live stream is easy, as you only need to go to the Watch Live tab under the In-Play page, where you will see the scheduled races and sports events available for streaming. Football usually gets the greatest coverage since it is the most popular sport in the UK. Remember there is a 30-second delay between the action and the displayed live stream.

But, I was disappointed to discover that Betfred is missing crucial markets like live football updates. On the upside, the live commentary feature is available for several games.

Betfred Licence and Regulation

Betfred is licensed and regulated by the UK Gambling Commission (UKGC) to provide betting and gaming services under licence number 39544; this means it operates legally in the UK and is a safe and legitimate betting site.

Betfred also holds a valid licence from the Government of Gibraltar and is regulated by the GGC (Gibraltar Gambling Commissioner). As such, we have no reason to question the legitimacy of this betting platform.

Promotions and Special Offers

In addition to the welcome bonus, UK customers can enjoy a range of promotions covering different sports. Football fans will crack a smile since there are several exciting promos they can take advantage of.

For instance, the Goal Fever promo gives players a 25% cash winnings bonus if their team wins by at least three goals in specified games. You can only qualify for this offer by placing a Match Result single bet on the selected Goal Fever matches before the event starts. The Acca Flex promotion gives you a Cash Back of up to £10 plus up to a 50% Cash Bonus.

They also have a decent amount of Greyhound racing promotions, including Best Odds Guaranteed. Players will qualify for this offer by taking an early price on their selection in an Irish or UK Greyhound race. If the Starting Price returned is bigger, Betfred will pay them out at the bigger price.

If you are into horse racing betting, you can take advantage of a wide assortment of ongoing promos. These include Extra Place Races, Super Extra Place Races and the 10% Winning Tricast Bonus promo.

FAQs

  • Is there a Betfred app?
    Yes, Betfred has a native app for iOS and Android devices. The app has a 3.8/5 star rating based on 8.33K reviews on Google Play. On the App Store, the Betfred mobile app scored an average rating of 4.4/5 out of 27.9K reviews.
  • What is the sports welcome bonus at Betfred?
    New players from the UK who register an account and place at least £10 on their initial Sports bet at odds greater or equal to Evens (2.0) will receive £50 in Free Bets.
  • Does Betfred offer online casino games?
    Yes. Betfred offers hundreds of online slots, live dealer games, and table games. They also have poker tournaments and bingo games.
  • Do I need a Betfred promo code to claim the welcome bonus?
    UK customers do not need any Betfred promo code to receive the sports welcome offer.
AUTHOR
Oliver Dickinson

A football fan through and through, Oliver is a valued writer and contributor at Minimum Deposit Betting Sites. He boasts over 7 years of experience writing reviews, predictions, and picks for a variety of US and Europe-based websites.