Betfred Overview from Our Team
Betfred offers a comprehensive betting experience, particularly for horse racing enthusiasts and those who value various bonuses and promotions for existing customers, including a lot of horse racing and greyhound bonuses and totepool. However, it is worth noting that the coverage of AU and NZ horse races and Esports is limited or absent. The platform also has fewer live events and markets compared to some other bookmakers.
Overall, we think that, in the UK betting industry, Betfred is a solid option for anyone looking for a reputable bookmaker with a focus on horse racing and a range of bonuses and promotions. The platform is user-friendly and has a range of features to enhance the betting experience, including live streaming and In Play betting. With over 1,600 betting shops across the UK, Betfred is one of the largest bookmaking chains in the country, which is a testament to their longevity and success in the industry.
Betfred Basic Facts
Website | www.betfred.com | Casino game types | Virtuals, Casino, Live Casino, Lotto, Bingo, Poker |
Deposit methods | Debit cards (Visa, MasterCard), Neteller, Skrill, Paypal, paysafecard | Withdrawal methods | Debit cards (Visa, MasterCard), Neteller, Skrill, Paypal |
Apps | iOS and Android | Betting functions | Live-betting, price boosts, cash out, bet builder |
Odds provider | Kambi | Casino Provider | PlayTech, Boss Media, Ash Gaming, IGT (WagerWorks), Inspired, Lightning Bo etc. |
Owner | Fred Done | Support | Live chat, email, telephone |
Game types | Sportsbook, Casino, Live Casino, Poker | Headquarters | Birchwood, Warrington, Cheshire, England, United Kingdom |
Founded | 1967 |
Betfred Pros & Cons
- Totepool for horse racing is a pool betting system where all bets are combined into a single prize fund and then divided among the winners. This can lead to higher payouts for successful bettors.
- Many options for betting on top football matches. With up to 800 markets available for top matches, bettors have plenty of options to choose from. Betfred provides its players with a wide variety of betting options, including major types of bets like totals, intervals, handicaps, props and others.
- Higher odds. Finally, Betfred offers Boosted Odds. Among the available sports with improved chances, you can find football and rugby for example. You can find matches with increased odds in the price boosts section.
- Many racing bonuses. Another advantage of Betfred is that it has many bonuses and promotions for existing customers. This is especially useful for those who regularly bet on the site and are looking for ways to maximise their returns. It also offers a lot of bonuses for horse racing and greyhounds, which is great for punters who enjoy those sports.
- Cash Out, Bet Builder (PickYourPunt). Betfred offer Cash Out, which is a feature that allows users to lock in their profits or minimise their losses before a bet has even been settled. Additionally, Betfred has a Bet Builder feature called PickYourPunt, which allows customers to create their own bets by selecting multiple outcomes from a single match.
- Quality Support. Customer support is available 24/7, so you can always get assistance whenever you need it.
- Poor selection of bets on AU and NZ races. In general, the bookmaker has a good section with horse racing, but not everything is perfect. Betfred offers few or no AU and NZ horse races, so if you are a fan of those sports, you might want to look elsewhere.
- No Esports. Another thing that you won’t find in the bookmaker selection of betting events is Esports markets. It’s a little strange to see such a gap, given the huge popularity of this discipline today.
- Limited In Play betting options. Finally, there are few events and markets for In Play betting, which might be a drawback for many punters.
- Solid bonus section, especially for horse racing
- 800+ football markets
- Totepool for horse racing
- Cash Out, Bet Builder (PickYourPunt)
- Boosted Odds
- 24/7 support
- Few or no AU and NZ horse races
- No Esports
- Few events and markets for In Play betting
Betfred Review
From a punter’s perspective, Betfred is a good option, offering an extensive line of major sports, politics, culture, and horse racing, with a rating of 7 out of 10 in this category.
The streaming service is good, with many football events, a vast array of tennis, basketball matches and horse races from the UK, Ireland, US, France, and South Africa.
However, when it comes to payments, the Betfred sportsbook receives an average 5 out of 10. The bookmaker offers five payment methods, including debit cards (Visa, Mastercard), Neteller, Skrill, Paypal, and paysafecard.
Betfred’s customer support and registration process receives a rating of 7 out of 10. The bookmaker allows communication directly with operators in the live chat, which is available 24/7. However, the registration process can be delayed, which could be frustrating for users who want to start betting immediately.
Finally, Betfred’s navigation and design are near perfect: the site has a simple and smart navigation system, making it easy for users to quickly find what they are looking for.
In summary, Betfred is a good choice for betting on sports with a strong line of options, a user-friendly interface, and round-the-clock customer support.
Betfred | Rating | Comment |
---|---|---|
Line | 7/10 | All major sports, politics, culture, horse racing |
Apps | 10/10 | Available for Android and iOS |
Streaming | 7/10 | Tier-2 football, lots of tennis, all horse races of UK, Ireland, US, France and South Africa |
Payment methods | 5/10 | Debit cards (Visa, MasterCard), Neteller, Skrill, Paypal, paysafecard |
New customer bonuses | 7/10 | Above average welcome bonus |
Existing customer bonuses | 8/10 | An impressive section with bonuses, a lot of promotions for horse racing |
Sign-up and support | 7/10 | Communication directly with operators in live chat, access 24/7. Registration is delayed |
Legal info | 10/10 | All basic information about the license on the main page in the footer |
Easy to navigate | 9/10 | Smart, easy navigation |
Betfred Screenshots
Betfred video review
Betfred Betting Offers & Promotions
Betfred Sign Up Offer
#ad / 18+. Register as a new UK customer with Betfred, deposit and place a £10 bet on any qualifying Sportsbook market at odds of 2.0+ to receive £30 in Free Bets within 10 hours after your bet settles. Full T&Cs available at https://www.betfred.com/. www.begambleaware.org
Welcome Offer: How to Get
- Register for an Account: Sign up as a new customer at Betfred, ensuring you reside in the UK and are at least 18 years old.
- Verify Your Account: Complete the account verification process as per Betfred’s Verification Policy.
- Make a Deposit: Deposit at least £10 using a Debit Card within 7 days of account registration. No other payment method will qualify.
- Place a Qualifying Bet: Bet £10 or more on any Sportsbook market with odds of Evens (2.0) or greater. Ensure this bet is settled within 7 days of registering. Note: Only the first valid bet counts.
- Receive Free Bets: After your qualifying bet settles, you will receive £30 in Free Bets within 10 hours.
- Use Free Bets: Use your Free Bets on any Sportsbook market. Remember, these Free Bets expire 7 days after being issued.
Betfred Odds
In this Betfred review, to determine the odds size at bookmakers, we compare the margin size (the bookmaker’s commission) included in the offered odds.
We consider a 3-5% margin to be average, 5-7% – above average and over 7% – high.
As we examine the bookmaker’s odds, we can observe that Betfred’s margin for classic 1/X/2 bets is fairly reasonable. However, for totals, the commission tends to be noticeably higher. The margin for less popular leagues, like the Italian Serie B, tends to be on the higher side.
Sport | League | Date | Match | 1/X/2 margin | Over/Under margin |
---|---|---|---|---|---|
Football | EPL | 04/04/23 | Chelsea — Liverpool | 5.70% | 8.19% |
Football | Championship | 07/04/23 | Reading – Birmingham City | 5.91% | 7.91% |
Football | Italian Serie B | 10/04/23 | Reggina — Venezia | 11.53% | 7.95% |
Tennis | ATP Monte Carlo Masters | 10/04/23 | De Minaur — Murray | 5.13% | – |
Tennis | ATP Houston | 05/04/23 | Tiafoe — Johnson | 5.47% | – |
Tennis | ATP Sarasota Challenger | 10/04/23 | Kubler — Wu | 6.09% | – |
Basketball | NBA | 12/04/23 | Los Angeles Lakers — Minnesota Timberwolves | 4.30% | 4.71% |
Basketball | Deutschland BBL | 10/04/23 | S.Oliver Würzburg — Fc Bayern München | 4.19% | 4.71% |
Basketball | Korean KBL | 10/04/23 | Ulsan Hyundai Mobis Phoebus — Goyang Carrot Jumpers | 4.30% | 5.16% |
How we calculate bookmaker margin?
You can google an online margin calculator or calculate the margin using the following formulas (the odds must be in decimal format):
The margin for a 2-way market = (1/odds 1+ 1/odds 2 -1)*100
The margin for a 3-way market = (1 /odds 1 + 1 / odds 2 + 1 / odds 3 — 1) * 100
Let’s take the basketball NBA game between Miami Heat and Atlanta Hawks (12/04/23) as an example.The bookmaker gives odds of 5/11 (1.45) for Miami to win. For the triumph of the guests, the odds are 7/4 (2.75). Substituting the odds into our first formula, we get the result: (1/1.45 1+ 1/2.75 2 -1)*100 = 5.33%.
What to Know About Betfred
Betfred is a well-established bookmaker, offering sports betting, casino games, bingo, and virtual sports. It focuses on horse racing and offers various bonuses and promotions for existing customers, including Best Odds Guaranteed. The platform is user-friendly and has live streaming and In Play betting features.
Betfred Bet History
Betfred is a well-established bookmaker that was founded in the United Kingdom by Fred Done back in 1967. With over 1,600 betting shops across the UK, Betfred is one of the largest bookmaking chains in the country. The company has come a long way since its humble beginnings, expanding its retail presence and launching a digital platform in 2004, offering a wide range of services including sports betting, online casino, online games, bingo, lotto, online poker, and virtual sports. In 2013, Betfred launched its in-house channel, Betfred TV, available in all its shops on the high street and on the racecourse.
Betfred Betting Key Features
Betfred offers Acca insurance, reducing the risk for bettors when one selection in their accumulator bet loses. Additionally, its Odds Boost feature increases the potential return on selected bets, giving bettors the opportunity to win big. For those looking for a more personalised experience, the Bet Builder (PickYourPunt) feature allows bettors to create customised bets by combining multiple selections within a single event.
Betfred provides live streaming of various sports, including horse racing, tennis, basketball, snooker tournaments, and more. In addition, Betfred offers infographics for games that do not have a live stream available.
Another feature Betfred offers is Cash Out. This feature allows users to take control of their bets and apply for Cash Out while the events are ongoing. At the same time, Betfred also promotes responsible gambling through its Time Out feature, which allows users to take breaks from betting when needed.
When it comes to sports betting, we know that diversity is key. That’s why at Match.Center, we have thoroughly researched and analysed the selection of betting events at Betfred, one of the leading bookmakers in the market. It’s worth noting that while Betfred does not have the most diverse range of betting events, with no Esports and fewer than 20 sports available, it still has a lot to offer for sports fans.
- Football: over 100 tournaments worldwide, from the World Cup and Champions League to minor leagues and cups in various countries, with limited coverage of Latin American events.
- Horse racing: tournaments from the UK & Ireland, South Africa, France, the UAE, the USA, Argentina, Bahrain, Chile, South Korea, but few or no races from Australia and New Zealand.
- Tennis: coverage of Grand Slam tournaments, major competitions of the ATP and WTA, the Challenger, ITF, and Davis Cup. It’s worth noting that pre-match total bets for tennis are not available at Betfred and can only be placed live.
- Basketball: coverage of the NBA, European and ROTW events with no specific categorisation by league.
In addition to sports betting, Betfred offers its customers to bet on political events, the Academy Awards ceremony results and other specials, such as the results of Eurovision, Strictly Come Dancing, Sports Personality Of The Year, Next James Bond, King Charles Coronation.
Live streaming | ✅ |
Cash Out | ✅ |
Acca insurance | ✅ |
Odds Boost | ✅ |
Time out | ✅ |
Bet Builder | ✅ |
Betfred Sports and Markets
Additionally, there are many others sports available, such as:
- UK favourites: horse racing, greyhounds, tennis, cricket, darts, rugby, snooker.
- USA leagues: American football, baseball, basketball.
- Winter sports: ice hockey
- Martial arts: boxing, MMA/UFC
- Other team sports: Australian Rules, handball, GAA football, hurling
- Other individual sports: golf, cycling, motor sports
- Non-sporting bets: politics, specials.
Football
Football enthusiasts can enjoy a diverse range of tournaments on Betfred’s platform, including the Premier League, Champions League, Europa League, Bundesliga, and La Liga, among others. The website features up to 800 markets for the top matches. However, it’s important to note that there is a lack of coverage for Latin American leagues, including the Libertadores Cup.
Horse Races
Betfred offers markets on UK and Irish races, as well as events from countries such as Japan, France, South Africa, and the USA. While live streaming is available for most races, there aren’t many opportunities for horse racing in Australia and New Zealand.
Tennis
The bookmaker covers a variety of major events, including the Grand Slam, Davis Cup, Masters, ATP and WTA, Challenger, and ITF Futures.
Betfred In Play Betting
Betfred offers a large selection of features for live betting. For example, customers can use the following ones:
- Live streaming. The bookmaker provides broadcasts of horse racing, tennis, basketball, snooker tournaments and other sports.
- Infographics. If a broadcast is unavailable for a game, you can follow the events with the help of a quality visualisation.
- Cash Out. If you doubt that your bet will win, you can apply for Cash Out while the events is ongoing. The amount you will receive depends on what’s happening on the field and other parameters.
- Games statistics. There’s a diagram icon on a page of an event you select. Here you can see the results of the last games of the opponents (head-to-head and last games of the tournament), line-ups for the game, tables, and other information.
Betfred Streaming
Live streaming is an exciting feature offered by many bookmakers, and Betfred is no exception. All live matches available for viewing are marked with the Play icon, and you can find them collected in a separate Watch Live section. Horse racing enthusiasts will be pleased to know that all horse racing meetings in the UK and US are free to view. All you need to do is log in and have a cash balance of at least £0.01.
However, for all other horse races from countries such as Ireland, Dubai, Germany, France, Hong Kong, India, LARCS, Singapore, and South Africa, you must be logged in and have placed a fixed odds bet of at least a £1 to win or 50 pence each way on the race you want to watch. If you want to stream other sports without placing a bet, you still need to be logged in and have a balance of at least £0.01.
Additionally, some football, basketball, and tennis matches are also streamed, including a lot of tennis streams for ATP, WTA, and ITF matches. It is important to note that there is typically up to a 30-second delay between the action happening and the displayed live stream.
Betfred Payment Methods
Betfred provides customers with various deposit options, including the popular Visa and Mastercard debit card systems, as well as the PayPal, Neteller, and Skrill e-wallets . All the mentioned methods are suitable for withdrawals too, except for paysafecard.
The table below outlines the minimum and maximum deposit and withdrawal amounts, withdrawal times, and fees for each payment method:
Payment Method | Deposit Amount | Withdrawal Amount | Withdrawal time | Fee |
---|---|---|---|---|
Visa debit | £5 – £9 999 | £10 — £20,000 | 1 to 3 days | No |
Mastercard debit | £5 – £9 999 | £10 — £20,000 | 1 to 3 days | No |
PayPal | £5.50 – £5000 | £10 — £20,000 | Within 24 hrs | No |
Neteller | £5.50 – £4000 | £5 – £4000 | Within 24 hrs | No |
Skrill | £5 – £6500 | £5 – £6500 | Within 24 hrs | No |
paysafecard | £5 – £250 | Not available | – | No |
How to Make a Deposit to Betfred
To fund your account, you need to make just a few simple steps:
- Log in to the Betfred website or mobile app using your username and password.
- Navigate to the “My Account” section.
- Click on the “Deposit” button.
- Select your preferred deposit method.
- Enter the amount you want to deposit and method details.
- Confirm the transaction.
How to Withdraw from Betfred
To withdraw your funds from your Betfred account, you need to follow the instructions below:
- Navigate to the top right corner of your screen and locate your available balance. Click on this to reveal a dropdown box and select the “Withdraw” tab.
- You will then be taken to a screen displaying your account details and available balance, which shows how much you can withdraw at the moment.
- You’ll see a range of withdrawal methods underneath this, so choose the one that suits you.
- Enter the amount you want to withdraw and the payment method details.
- Click “Withdraw” to confirm the transaction.
Remember that the original deposit amount must go back to the same method you used for depositing.
Betfred Bet App
If you are looking for a reliable and user-friendly betting app, the Betfred bet app is definitely worth considering. One of the main advantages of this app is that it is available for both Android and iOS devices, which means that you can access it from your smartphone or tablet. It is also worth noting that the Betfred app is also available on Apple Watch. The app allows you to customise your main page and offers a range of navigation tools to make it easier to find the sports and markets you are interested in. You can also add your favourite tournaments and matches to your list of favourites.
Additionally, there is a separate tab for Cash Out, and the app comes with a shop locator to help you find Betfred locations near you. On the downside, some users have complained that there is only one button on the bottom panel for the betting section, and the small print in places can be hard to read. Overall, however, the Betfred bet app is a solid choice for anyone looking for a high-quality betting app.
Developer | iOS Done Brothers (Cash Betting) Ltd; Android Google Commerce Ltd |
Size | iOS 320 MB |
Version | iOS 3.07; Android 1.0.8.198 |
OS | iOS 15.0 or later; Android 7.0 and up |
Price | Free |
Language | English |
License | UK Gambling Commission |
Betfred Sign Up Process
The process of opening an account with Betfred involves the following detailed steps:
- Click on the “Register” button located in the upper right corner of the page.
- Fill in the Betfred registration form with your desired username and password to link to your account.
- Provide your name and date of birth in the Betfred registration personal details section.
- Enter an active email address and phone number, as well as a security question linked to your account, in the Betfred registration telephone number section.
- Verify your residential address by entering your postcode and full home address in the Betfred registration address verification section.
- Customise your account settings by changing currency and marketing preferences in the Betfred registration account settings section.
- Complete the registration process by verifying your ID and account and adding a payment method.
Verification at Betfred
Betfred requires all of its users to confirm their identities by providing colour photographs or copies of relevant documents such as date of birth, address, and method of payments. This is a mandatory measure implemented by the sportsbook to prevent money laundering and other forms of fraud.
To verify your identity, login to your account and select “Submit My Documents”. You will be prompted to upload your documents directly. You may be asked to submit various documents such as the front of your photocard driving licence or provisional driving licence, a full picture of your passport’s ID/photo page, a full picture of your birth certificate in your current name, or the front and back of your UK residence permit. Additionally, to confirm your address, you must provide a photograph of a utility bill (electricity, gas or water supply), municipal tax bill or a bank statement. No SMS verification is required.
How to Bet at Betfred
To place a bet on the Betfred site, do the following:
- To place a bet, first choose the game or match you want to bet on.
- Then, select the type of bet you want to place, either in advance or during the match in the In Play tab.
- After selecting the odds you want, your bet selection will appear in the bet slip on the right-hand side of the screen.
- Enter your desired stake amount, and the Total Estimated Returns section will automatically show the potential amount of money you could win (stake + profit).
- Finally, confirm your bet by clicking on the “Place bet” button.
How to Cash Out a Bet at Betfred
The bookmaker offers the Cash Out feature that allows you to draw out your bet before the event has ended. You can easily access this feature by checking for the Cash Out link or button next to your bet in the app or on the site. Instead of going through your account history, you can simply look for unsettled bets and see which ones are eligible for Cash Out.
Betfred Security
The Betfred Group privacy policy outlines how personal information is collected, used, and secured, as well as the rights of individuals over their personal information under various data protection laws. The policy also details the methods used to collect personal information, along with the rights that users hold over their personal information in line with various data protection acts such as the UK GDPR, EU GDPR, Gibraltar GDPR, and the UK Data Protection Act 2018.
Betfred is committed to protecting personal information and regularly updates its privacy policy to reflect any changes that may affect users. In addition to regular updates, Betfred performs annual PCI-DSS assessments and independent security audits to ensure continuous security and protect sensitive cardholder data.
Betfred Customer Support
If you encounter any difficulties while signing up or depositing funds into your Betfred account or require additional information, you can contact the customer service team. Betfred offers various ways to get in touch, such as:
- 24/7 online chat
- UK telephone number 0800 028 7747 (available from 8 AM to 8 PM. UK Time)
- International telephone number +44 (0)1925 878269 (also available from 8 AM to 8 PM. UK Time)
- Email address support@betfred.com
The online chat does not require an intermediary bot and can be accessed via a direct link. Additionally, Betfred provides a Help Centre that can be accessed by clicking on the “Help” or FAQ’s link located in the footer of the betting site. The Help Centre contains answers to frequently asked questions about various topics, such as withdrawals and deposits, sports Welcome offers, account verification and many others.
Betfred Betting Tips and Tricks
Here are some betting tips and tricks for Betfred:
- Take advantage of the various bonuses for new customers (the Betfred sign-up offer, prepaid card restrictions apply) and promotions for existing ones offered by Betfred (payment restrictions apply) particularly for horse racing and greyhound racing.
- Consider using the Cash Out feature to lock in profits or minimise losses on bets.
- Use the Bet Builder feature, PickYourPunt, to create customised bets based on specific markets and outcomes.
- Keep an eye out for the Boosted Odds feature, which offers enhanced payouts on certain bets.
- Use the Betfred mobile app for easy and convenient betting on the go.
Frequently Asked Questions
Is Betfred Trustworthy?
Betfred is considered a reputable and trustworthy bookmaker in the industry. It has been operating since 1967 and is licenced and regulated by the UK Gambling Commission. Betfred also uses advanced encryption technology to protect its customers’ personal and financial information.
How To Place A Bet at Betfred?
Log in to your account and select a sport you want to bet on. Browse the available markets. Click on the odds to add your selection to the bet slip. Enter your stake and confirm your bet.
Does Betfred Do Cash Out?
Yes, Betfred does offer the Cash Out feature, which allows customers to settle their bets before the event they are betting on has finished. This gives customers more control over their bets and the potential to secure a profit or limit their losses.
Is There A Betfred app?
Yes, Betfred has a mobile app that is available for download on both iOS and Android devices. The app allows customers to place bets, manage their accounts, and access various features and promotions, including bonuses in Free bets and a new customer offer provided by Betfred.