Betfred is one of the oldest bookmakers in the UK, starting operations in 1967. It is not a regular online sportsbook - it has offline betting shops in over 1,500 locations across the UK as well as a huge online presence. It is home to more than 20 sports markets cutting across major and minor leagues.
If you're thinking of signing up for the first time, Betfred offers a welcome bonus of £30 in free bets. To find out more about the odds, bonuses, and features at Betfred, keep reading!
📇 Name: | Betfred |
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🏈 Sports Offered: | Football, cricket, basketball, darts, tennis, rugby, American Football, badminton, baseball, basketball, boxing, cricket, cycling, eSports, Gaelic football, golf, greyhounds, handball, horse racing, hurling, ice hockey, lottery specials, motor sports, rugby league, rugby union, snooker, specials, tennis, MMA and virtual sports. |
📋 Licences Held | UK Gambling Commission (39544) and Gibraltar Gambling Commission (RGL 036 & 038) |
✅ Ongoing Bonuses | Free bets |
💰Minimum Deposit | £5 |
💰Supported Banking Options | PayPal, Neteller, Skrill, Paysafecard, Bank Transfer, Mastercard, Visa |
⌛ Payout Times | 0-2 days |
📱 Supported Devices | iPhone, Android, Windows, Mac |
🖥️ Supported Languages | English |
💰Minimum Withdrawal | £5 |
🔒Responsible Gambling Measures | Deposit limits, reality checks, time out and self-exclusion. |
🎧 Customer Support: | Email, live chat, phone, |
👷♀️ Owner | Petfre Limited |
🗓 Established | 1967 |
🎲 Other Betting Products | Online casino |
✅ KYC Process | Yes |
Betfred was originally founded by Fred Done as a single betting shop in Ordsall, Salford, in 1967. Since then, it has grown to be one of the most trusted names in the sports betting industry. It is home to popular sports such as football, basketball, and tennis and provides over 100 sports betting options for these games. They also offer odds on niche sports such as hurling, ice hockey, and virtual sports. Whatever your betting preferences, this stalwart of the industry is likely to provide what you're looking for.
Betfred: Pros and Cons
Betfred provides a brilliant all-around betting experience, but our testers are exacting, to say the least. Below are some of the high points of Betfred, as well as some of the places where there's room for improvement.
- More than 25 sports to bet on with diverse betting options
- Competitive odds across all markets
- Super low £5 minimum across deposits and withdrawals
- Slick and speedy mobile app
- Responsive customer support across a variety of channels
- Slightly limited bonuses for existing users
- Website can take some time to load compared to competitors
Perfect for…
Bettors on a budget, with a minimum deposit and withdrawal of just £5.
Those looking for sportsbooks offering competitive odds and in-play betting
Bettors looking for a bookmaker with a high-street presence
Those who want to bet through a dedicated mobile app
Betfred: Rewards, Promotions and Bonuses
Betfred offers you a welcome bonus of £30 in free bets as a new user. To claim it you must use the promo code “WELCOME40” and wager a minimum of £10 on 2+ odds to qualify.
The sportsbook also offers different bonuses and promotions to existing users. The following are the pros and cons of the bonuses and promos of Betfred:
- Free bets can be used on any sports market.
- Free bets have no wagering requirements
- Accessible £10 deposit to claim the welcome bonus
- Ongoing free bets for existing customers
- Only 7 days to use the free welcome bets
- Welcome bets are only issued for debit card deposits
Betfred Bonuses and Promotions
As well as the welcome bonus that Betfred offers you as a new customer, there are a handful of other promotions too. Many of these come directly to you through emails, but there are also some listed on their website.
Reward Programs
Betfred has a few ongoing reward bonuses:
Christmas Draw: It started on 10th November and is expected to end on 24th December 2023. Every £1 bet on your Betfred account gives you 100 entries in the draw. 5 customers stand a chance to win £1 million each if selected at the draw, which will take place on 25th December 2023.
Acca Flex: This bonus is activated for a pre-match selection of 5+ events with a minimum of 1.5 odds. You stand a chance to get a 2.5% - 50% cash bonus if all your selections win. If one leg loses, you also stand the chance of getting a maximum refund of £10 within 24 hours after settlement.
Other Promotions
Betfred has other ongoing promotions apart from ACCA Flex and Christmas draws. You can take advantage of promos such as Double Delight & Hat-Trick Heaven, Double Delight & Hat-Trick Heaven In-Play, Horse Racing Free Bet if second, Extra place races, and plenty more.
How to Open an Account on Betfred
Creating a new account on Betfred has a couple more steps than some of its competitors. However, the process can be completed in under two minutes.
Make use of the following steps to create a new account on Betfred:
Visit the Betfred Website
Visit the Betfred website and click join. You can follow any of the links on this page to take you there.
Choose Your Login Details
Choose your username and password, then click next to continue.
Enter Your Personal Details
Choose your title and enter your first and second name as well as your date of birth and click next.
Enter Your Contact Details
Enter your mobile phone number, as well as your email address. You'll then be asked to choose a security question.
Enter Your Residential Address
Enter your home address as it appears on our banking statements. This is essential, as if your address doesn't match you might not be able to make a deposit.
Choose Your Contact Preferences
Choose your preferred currency and how you would like to be contacted. Finally don't forget to enter the bonus code of "WELCOME40" if you'd like to claim the welcome free bets.
Banking, Deposit and Withdrawal Methods with Betfred
Betfred has a pretty broad selection of payment methods, each with a low minimum amount of just £5.
Deposit Methods | Minimum Deposit | Minimum Withdrawal | Fees |
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£5 | £5 | N/A | |
Visa | £5 | £5 | N/A |
Mastercard | £5 | £5 | N/A |
Bank transfers | £5 | £5 | N/A |
Neteller | £5 | £5 | N/A |
Skrill | £5 | £5 | N/A |
Is There a Minimum Deposit to Bet at Betfred?
Yes, the minimum amount you can deposit on Betfred is £5 on all payment methods, including Visa/Mastercard, PayPal, and bank transfers.
Betfred Deposit Options
The following deposit options are available on Betfred:
PayPal: PayPal is a popular payment platform. You can deposit and withdraw from your Betfred account quickly and securely using PayPal.
Visa/Mastercard: You can fund your Betfred account using a Visa or Mastercard that is registered in your name. Card deposits are normally credited to your account immediately. Remember, you can only use debit cards to make gambling payments in the UK - not credit cards.
Bank Transfers: Bank transfers can also be used to deposit into your Betfred account. However, deposits will take longer than other methods to reflect.
Neteller and Skrill: These online payment providers can be used to make instant deposits and speedy withdrawals. If you want to claim the welcome bonus you cannot deposit using these methods.
Paysafecard: You can deposit into your Betfred account via your Paysafecard account, but you cannot withdraw via this method.
Betfred shops: You can also walk into any of the Betfred shops offline and deposit cash, and your account will be credited instantly.
Depositing Funds to Betfred
Depositing into your Betfred account is easy. Follow the simple steps below to make your first deposit:
Login to Betfred
Login to your Betfred account and click the deposit button in the top right hand corner.
Choose Your Deposit Method
Choose your deposit method from the list that appears. Remember, if you'd like to claim the welcome bonus then you must deposit using a debit card.
Complete Your Deposit
Enter the amount that you would like to deposit and the information requested by the payment provider that you choose.
Betfred Withdrawal Ease and Options
All payment options accepted for deposits can also be used to withdraw, except Paysafecard. The minimum withdrawal amount is also set at £5. Below you can find the time frames for the various deposit options.
Payment Method | Processing Time | External Processing Time | Total Withdrawal Time |
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Visa | 0-48 hours | 15 minutes - 3 days | 0-5 days |
Mastercard | 0-48 hours | 15 minutes - 3 days | 0-5 days |
PayPal | 0-48 hours | Instant - 24 hours | 0-3 days |
Neteller | 0-48 hours | Instant - 24 hours | 0-3 days |
Skrill | 0-48 hours | Instant - 24 hours | 0-3 days |
Bank Transfers | 0-48 hours | 1 - 5 days | 1-7 days |
Betfred processes all withdrawal requests within 48 hours, before passing the request on to the chosen payment provider. However, usually, requests are processed within 24 hours. After this time period has elapsed, the payment provider needs to process the request too. This means there could be delays when withdrawing using Betfred compared to other competitors.
Note: If you'd like to speed up the withdrawal process when using a debit card, make sure fast transactions are enabled.
How to Withdraw Money from Betfred
Login to Your Betfred Account
Choose Your Payment Method
Complete the Transaction
How Long Does It Take to Withdraw Money from Betfred Before It Hits My Account?
Betfred promises to process all withdrawal requests within 48 hours - though most within 24. It then sends the request out to whichever payment provider you selected. Depending on the payment method you chose, the payment could take a further couple of minutes, or five more days. Generally speaking, PayPal, Neteller, and Skrill will be fastest (3 days total) and bank transfers slowest (up to a week).
Betfred: Sportsbook Review
It's clear that Betfred focuses on the needs of the UK customer above other markets. Because of this, Betfred offers a relatively lower number of sports compared to other betting sites. Some of the major sports you can wager on Betfred are covered below:
Football
As a football bettor, you can find all the football events you are interested in on Betfred. The bookmaker covers football events from major and minor leagues. You can bet on major leagues such as the Europa League, UEFA Champions League, FA Cup, Italian Serie, and German Bundesliga. You can also bet on minor football leagues such as League 1, League 2, and Scottish Premiership.
There are over 100 football betting options for you to wager on, such as over/under, 1x2, 12, away win, handicap, player to score, and so many others.
Basketball
Betfred offers you a range of basketball games to bet on, including major leagues like the NBA and other international competitions. You can choose from various matchups and tournaments, making it easy to find a game that suits your preferences.
The bookmaker also offers you different options for basketball games to bet on. You can bet on the outcome of the game, point spreads, total points scored, and even specific player performances.
Tennis
If you're into tennis, Betfred has you covered with loads of options, from big tournaments to regular matches. You can bet on who's going to win, over/under, handicap, how many sets, and even jump into live betting for that real-time action.
The tennis betting events on Betfred are spread across different leagues, including Challenger Brasilia and ITF W15 Cordoba. Plus, Betfred throws in special deals to spice things up. It's easy to use, making it a top pick for tennis lovers who want to make their game-watching that bit more thrilling.
Virtual Sports
If you enjoy betting on virtual games, Betfred is likely a choice to investigate. You can wager on computerised sports matches and obtain outcomes in a matter of minutes. There's something for everyone on Betfred virtual sports, with options like football, horse racing, greyhound racing, motor racing, and more.
The table compares Betfred's popular sports markets with those of rival sportsbooks. Click on the name of the sportsbook to be taken to our in-depth review.
Events | |||
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Football | Yes | Yes | Yes |
Basketball | Yes | Yes | Yes |
Tennis | Yes | Yes | Yes |
Baseball | Yes | Yes | Yes |
Horse racing | Yes | Yes | Yes |
Betfred: Design and Layout
Betfred's website and app are developed with usability in mind. Everything is simply laid out, so you can get around without scratching your head. The buttons are large, making it simple to select games and place bets.
Placing bets on your favourite sports is made easy - all the available sports can be accessed on the left-hand side of the site. The live betting section is designed to be fast-paced and easy to use. The odds are updated in real-time, and there is a clear indication of the time remaining in each event.
Who is Betfred Best For?
Betfred has been around for a while - more than long enough to be termed a reputable sportsbook. If you're a pro at sports betting or just dipping your toes, Betfred has something for you. It's easy to use, loads of fun, and they've got a little something for every kind of sports lover.
- Betfred offers an excellent welcome bonus
- Offers a huge range of bet varieties
- Larger than average virtual sports section
- Budget friendly £5 minimum deposit option
- No wagering requirement on free bets
- Withdrawals take longer than the competition
- Smaller sports selection than some other sportsbooks
Does Betfred Have an App?
Yes, Betfred has a responsive and user-friendly betting app. The app is compatible with both Android and Apple devices. You can get it from the app store on your device.
Betfred Desktop Overview
Betfred’s site is simple and clean when you are browsing using a desktop. The bookmaker does not have a desktop application, but the site is optimised for both desktop and mobile, making it easy for you to interact with the site. The primary features on the site include:
Search interface where you can sort out sports
All Sports button giving you access to all supported sports
In Play button giving you access to live sports games
Betfred Customer Service Details
Betfred customer service/support comes in multiple channels. As a Betfred user, you can reach out to customer support via email and phone number. The site also has an FAQ page where you can access answers to common questions that you may have.
- There is 24/7 customer support on Betfred
- Support are fast to respond to queries
- FAQ section is detailed and in-depth
- There is no live chat feature available
Safety and Security for Gamblers
We only recommend bookmakers that have a current licence from the UK Gambling Commission. This is enough for you to be sure that a site is safe to gamble on.
As well as having a licence from the UKGC, Betfred also takes extra steps to ensure the safety of its customers. The sportsbook has sections such as Responsible Gambling that help bettors gain control of their gambling habits.
Also, Betfred's payments are secure with industry-standard security architectures. The company has a team of security professionals who help secure the betting site against hackers and intruders. In addition, it puts in place measures to help prevent fraud and money laundering.
Betfred Responsible Gambling Measures
Just like most UK-based sports betting platforms, Betfred has responsible gambling measures to help you gain control of your gambling activities. It has several options or tools, such as self-exclusion, account closure, and many others. These measures are covered below:
Deposit Limit: Betfred believes that if you control the amount of money you set out for gambling, it can help you control how you gamble. Using this tool, you can set the highest money that can go into your betting account within a period of 24 hours, 7 days or 30 days. This cannot be overturned before the time elapses.
Reality Check: This tool helps you to check how much time you spend on the Betfred site. If you activate it, you will have pop-ups notifying you of the time you have spent so far on the site.
Time-Out: You can decide to take some time out from all gambling activities on Betfred by activating this tool. You can set the time-out tool for 24 hours, 7 days, or anytime up to 6 weeks maximum. You will not be able to access your Betfred account within the period you set.
Self-exclusion: If the time-out break does not seem to be enough for you to recover your control over gambling, you can activate the self-exclusion tool to help you stay off for a longer period. You can set between 6 months to 5 years via self-exclusion and you will not be able to access your account during this period.
Betfred KYC Process
Completing your KYC on Betfred is crucial because, without it, you can not deposit into your account or place bets. You must have your documents, such as your driver's licence, handy to do the KYC. To complete your KYC, ensure you have created an account and follow the steps below:
Log into your Betfred account
Click on ‘Submit my Documents’
Upload the required documents
Complete the process
Anything Hidden in the Terms and Conditions with Betfred?
We read through the terms and conditions on Betfred, and we found nothing different or hidden from what we used to see on other sportsbooks' terms and conditions. It's always important to read through the terms of any bonus that you plan on claiming though.
Betfred: Owner Background
Betfred is a privately held company founded by Fred Done in 1967. Done, a British businessman, opened his first betting shop in Ordsall, Salford. The company has since grown to become one of the largest bookmakers in the United Kingdom, with over 1,500 betting shops and a significant online presence.
Done remains the majority shareholder of Betfred, with his brother Peter Done also holding a significant stake in the company. The Done brothers are known for their entrepreneurial spirit and hands-on approach to running the business. They have been instrumental in Betfred's success, leading the company through periods of growth and expansion.
In recent years, Betfred has diversified its business, expanding into areas such as online gaming and casino operations. The company has also made a number of strategic acquisitions, including the purchase of Totepool in 2011.
Alternative Betting Sites to Betfred
We think Betfred is a great choice for UK punters, but there are other competitors out there too. Below you'll find some sportsbooks that offer something a little different from Betfred.
Sportsbook | Details |
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Virgin Bet | Launched in 2001, the sportsbook is home to over 30 sports betting markets. |
The sports book was launched in 2016. It is one of the leading sports betting sites in the UK. | |
Launched in 1997, Unibet is a well known sportsbook in the UK sports betting industry. |
Is Betfred a Good Choice for You?
Betfred is a good choice for most punters. Whether experienced or brand new to betting, it offers a variety of sports markets, from popular ones like football and basketball to niche options like hurling.
The user-friendly site and app, affordable deposit limits starting at £5, and responsive customer support make it a great choice.
Despite a few drawbacks, like the slower-loading website, Betfred remains a trustworthy sportsbook that we would wholeheartedly recommend.