BestGamblingSites
HomeUK Betting SitesBetfred Sport Review UK for 2024

Betfred Betting Review UK: Expert Review & Analysis in 2024

Endurance Okpanachi
Author: 
Endurance Okpanachi
Claudia Hartley
Editor: 
Claudia Hartley
15 mins
December 4th, 2023
Ad Disclosure
Rating
7/10

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

🏈 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

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

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:

Step 1
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.

Step 2
Choose Your Login Details

Choose your username and password, then click next to continue.

Step 3
Enter Your Personal Details

Choose your title and enter your first and second name as well as your date of birth and click next.

Step 4
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.

Step 5
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.

Step 6
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

PayPal

£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:

Step 1
Login to Betfred

Login to your Betfred account and click the deposit button in the top right hand corner.

Step 2
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.

Step 3
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

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

Betfred

Virgin Bet

Bet365

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

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

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

Virgin Bet

Launched in 2001, the sportsbook is home to over 30 sports betting markets.

Grosvenor Sports

The sports book was launched in 2016. It is one of the leading sports betting sites in the UK.

Unibet Sports

Launched in 1997, Unibet is a well known sportsbook in the UK sports betting industry.

  • Launched in January 2023, Bzeebet is one of the newest betting sites to hit the UK betting scene. Not only can all the world’s best sporting leagues and competitions be bet on, but Bzeebet members can also play with Bzeebet’s top selection of casino and live casino games.
    Richard Trenchard
    Richard Trenchard
    January 12th, 2024
  • All British Sports is distinctive for its 10% no-wagering cashback on initial losing bets, as well as its one working day cashouts. With two licenses from the UKGC and the MGA, this sportsbook isn't just user-centric, it's safe too. The minimum deposit on the site is as low as £10, and you can use all the most popular UK payment methods. Check out more about the brand in our All British Sports review table below.
    Borislav Atanasov
    Borislav Atanasov
    December 4th, 2023
  • Unibet is a trusted name among the UK sports betting sites, but does its platform stand up to its reputation? Our testers put the Unibet platform through its paces and can confirm that it does.
    Borislav Atanasov
    Borislav Atanasov
    December 4th, 2023
  • Virgin Bet is a UK-based sportsbook launched into the market in 2001. It offers a comprehensive sports betting market covering major and minor leagues worldwide. Virgin Bet offers you £20 in free bets if you deposit just £10, as a first-time user. Better still, this welcome offer doesn't need a promo code to claim.
    Endurance Okpanachi
    Endurance Okpanachi
    December 5th, 2023
  • BetUK manages to stand out from the crowded UK online gambling market. It has a robust selection of weekly free bet promotions, as well as a low minimum deposit and withdrawal of £10. Plus, BetUK has one of the industry's most highly developed responsible gambling toolkits. Carry on reading to find out more about this exciting UK sportsbook.
    Borislav Atanasov
    Borislav Atanasov
    November 28th, 2023
  • mr.play sportsbook is among the most trusted betting sites in the UK. It was established in 2017 as a casino, but just two years later made the leap into sports betting. Since then, this bookmaker has given us great odds and plenty of competitive betting bonuses. We think mr.play is a great choice, read our review to find out why.
    Damjan Nancheski
    Damjan Nancheski
    November 20th, 2023
  • Established in 2003, 10Bet is a well-known and trusted veteran of the UK sports betting scene. That experience can be seen in its wide range of betting markets and some of the most competitive betting odds. It's the bookie of choice for many UK punters, but why? Continue reading to find out how 10Bet stands out from the rest.
    David Stefanoski
    David Stefanoski
    December 10th, 2023
  • ZetBet is a new betting site that Marketplay Ltd. introduced to the market in 2022. Since then, it's been extending its coverage to include markets for more than 30 sports, as well as competitive odds and a decent selection of promotions. Their commitment to offering totally flexible payment options, and a relatively speedy cash out policy has earned this sportsbook a place on our list of recommended sites.
    Stephen Olayanju
    Stephen Olayanju
    December 10th, 2023
  • Launched in 2021 by Marketplay Ltd, Luckster provides an all-round platform for sports betting and casino fans. With its instantly recognisable Irish theme, its huge range of sports markets, and its long list of trusted payment providers, Luckster makes betting a breeze. Its sports betting service covers all of the most popular sports as well as some Irish favourites, like Gaelic football and Gaelic hurling. If you're looking for a UK-first betting site, then check out our review to find out how we think Luckster stacks up against the competition.
    Jonathan Lamb
    Jonathan Lamb
    December 14th, 2023
  • Bet365 started in 2000 as a family enterprise and has grown to be one of the most competitive bookmakers in the world. With betting available across more than 40 sports and some 90 million customers, Bet365 has certainly outgrown its Staffordshire routes. With that said, it remains a great choice for UK bettors. Take a look at the table below to find out all of the key information on this UK sportsbook.
    Stephen Olayanju
    Stephen Olayanju
    December 10th, 2023
  • Grosvenor Sports is one of the leading sports betting sites in the UK. They hold two gambling licences and offer a fantastic sportsbook app, with competitive odds and markets. Players looking for a wide range of different sports and speedy payouts should check out some of the unique features in the table below.
    Stephen Olayanju
    Stephen Olayanju
    December 10th, 2023
  • Established in 2008, 888sport is one of the biggest online sports betting platforms in the gambling industry. It is the dedicated sports section of the reputable 888 brand, licensed and regulated by the United Kingdom Gambling Commission. This online sportsbook offers a range of betting options across various markets like Football, Basketball, Tennis, and more. Read our impartial review to decide if 888sport is the right betting platform for you
    Stephen Olayanju
    Stephen Olayanju
    December 11th, 2023

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.

FAQs

What is Betfred?
Is Betfred good for betting?
Does Betfred offer bonuses?
How fast can you withdraw funds on Betfred?
Does Betfred offer PayPal betting?
Does Betfred offer competitive odds?

Author

Endurance Okpanachi
Endurance Okpanachi is an experienced content writer who specialises in the worlds of blockchain and casinos. As a gaming enthusiast, Endurance knows exactly what to look for in a casino site, as well as how to craft a great review. He enjoys getting to share his expertise with BestGamblingSites readers.
Claudia Hartley
Claudia is not just a writer but a dedicated researcher. Cutting through the noise of the gambling industry to get to the facts isn’t always easy, but she prides herself on being up to date with the latest news. Her years of experience in the iGaming industry have led to a fascination with the numbers behind gaming strategies, the analysis behind the betting tips, and of course, the latest game releases. A bargain hunter by nature, Claudia loves nothing more than finding and sharing the promotions and bonuses that seem almost too good to be true. As part of the team at BestGamblingSites, her mission is to help people find their own ultimate gambling experience (and perhaps discover her own next big win on the horses).