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Betfred review: excellent 2023 welcome offer available
We give you a full lowdown on the popular gambling site Betfred, including the latest on all its offers, promotions and sportsbook
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Introduction to Betfred
Betfred has become one of the most popular betting sites since its launch in 2004, providing greater presence for a company that already had 1,600 high-street betting shops.
One of the most popular and commonly used bookmakers in the UK, Betfred has become synonymous with the online betting scene. Famous in particular for its range of customer promotions and bonus opportunities, what else does Betfred offer?
Chiefly, because of that presence on high street, online, mobile and app, it has become versatile enough to meet the needs of a wide range of customers.
There are plenty of famous names in the UK betting scene, so where does Betfred rank? Let’s take a look at what’s available for new and existing customers.
Betfred sign-up offer
Known for its range of unique bonus offers and promotions for existing customers, Betfred also provides a welcome offer. Available to eligible new customers, you can receive £40 in bonuses when you stake £10 using the promo code WELCOME40. Want to learn more? Click here for everything you need to know about the Betfred sign-up offer.
Already signed up with Betfred? Take advantage of all the latest bookmaker offers on our free bets page.
- Head to the Betfred site and hit Register
- Complete the sign-up form
- Make your first deposit, of at least £10, using an eligible payment method
- Place your first bet, with a stake of at least £10 on sports
- Once settled, you will receive £40 in bonuses
Betfred sports markets
One of the main attractions of Betfred is the range of sports and markets it offers. There are almost 30 sports you can bet on here. Its deep menu of options encompasses favourites such as football, horse racing and basketball.
Football is particularly well covered. At Betfred, you have the opportunity to bet on all major and most minor world leagues and competitions, making it one of the best betting sites in the UK.
You will also find that most Betfred promotions are focused on football, with unique offerings such as Goals Galore, Double Delight and Hat-trick Heaven.
Horse racing also gets the Betfred promotion treatment. You’ll find a huge range of UK and Irish meetings covered and you can bet on international races taking place in France, South Africa, Australia and more.
Sports fans will be familiar with the corporate side of Betfred. Among the array of sponsorship deals this operator has in place is Betfred’s association with the World Snooker Championship, the World Matchplay Darts and the British Masters golf. Expect to see a number of promotions specific to these events on the Betfred site.
With promotions, Betfred excels, but in terms of the number of separate odds offered, it sometimes lags behind many of its competitors.
For example, on a typical Premier League game some operators can offer upwards of 200 separate betting odds as well as all sorts of prop markets. Betfred, in general, offers much fewer and that’s something it can look to improve on in the near future.
Betfred Pick Your Punt
A recent addition to the Betfred armoury is Pick Your Punt. Many UK bookmakers have introduced some form of request-a-bet feature, with Pick Your Punt Betfred’s offering among them.
Customers can essentially "build" their own bets, combining a range of markets to create their own unique wager. Alternatively, you can bet on Pick Your Punt markets already available on the site. This combines a number of selections at different odds and then gives one price that you can back ahead of the event.
Generally, this feature is focused on football. There are opportunities, though, to use Pick Your Punt on cricket and tennis, among others.
Betfred licensing information
After starting life in the UK, the Betfred brand has spread globally. For customers outside the UK, Betfred is licensed by the Gibraltar Government and regulated by the Gibraltar Gambling Commissioner.
In the UK, Betfred is licensed and regulated by the Gambling Commission. This means the operator has to abide by all rules and regulations set out by the authority.
Betfred needs to ensure all customers are aged 18 or above. It must also show willingness to protect and assist any customer who they believe could have a problem with gambling.
To do this, Betfred asks for personal details to be provided in the registration form. There is also the possibility that new or existing customers will be asked to provide additional documents to prove their identity.
Betfred interface across desktop, mobile and app
One of the most important aspects of any online bookmaker is the platform itself. There’s little more frustrating in online betting than when you’re trying to place a bet, only to be foiled by a poor system, poor graphics or slow loading times.
The Betfred desktop sites work pretty seamlessly. There’s little waiting when navigating between pages, with super-quick loading times. There’s no need to hunt around for your betting slip either, with it clearly displayed on the right of your screen.
The accessibility on the site is fantastic and navigating around is simple. Your betting options can be found easily on the left-hand side of the screen, meaning you can find any markets or sports that you want to.
The facility to bet via a mobile device has certainly reinvigorated the market in recent years.
Betfred offers an extensive mobile betting service. You can access the site easily on a browser using either a smartphone or a tablet, so you can gain access to your account wherever you are in the country.
Alternatively, customers can download the dedicated Betfred mobile betting app. Available on both iOS and Android, it enables you to claim bonuses and promotions, including the welcome offer.
Betfred takes mobile play one step further with the possibility of betting using your Apple Watch. You can also place bets using Betfred Messenger.
Befred in-play betting
Live betting and streaming are key components to what many bettors look for in an online bookmaker. How well does Betfred compete with other top UK bookies? Let’s start by looking at its in-play betting options.
It’s fair to say that Betfred’s live-betting service competes extremely well with what is available on the market. Under its in-play umbrella, you will find a huge range of sports, including the following:
- Football
- Cricket
- Snooker
- Basketball
- Rugby
- Tennis
- American football
- Golf
- Baseball
You also have the opportunity to bet on esports in play, an option that isn’t available on many of the UK’s top online bookmakers. To find out which events are taking place right now, head to the In Play tab on the Betfred site.
Betfred live-streaming
Live streaming isn’t a necessity for an enjoyable betting experience, but it is a good option to have, particularly if you don’t have access to other broadcast outlets.
There are a number of rules that apply to Betfred’s live-streaming service. These can vary, depending on which event you want to watch. In general, live streams can only be accessed if you have placed a bet on that particular event. There are occasions, though, when a funded account is all that’s required to unlock the stream. You can check out all the best live streaming betting sites here.
Betfred payment options
One of the most important but often overlooked aspects of online sports betting is your banking options. Betfred doesn’t disappoint here, offering a range of deposit and withdrawal methods for its customers.
Most banking information is clearly stated under the Help tab. This can also be accessed even without holding Betfred membership. We would, though, like to see maximum deposit amounts and accepted currencies clearly stated. At present they tend to be hidden away in the Help tabs, which can delay customers – although this is a relatively minor quibble.
Each payment option comes with separate terms and conditions of use. As stated elsewhere in our review, it’s important you read and understand all associated T&Cs before trying to transfer funds.
What payment methods are available to you? Let’s take a detailed look at your options.
Debit card
Using a debit card is one of the most popular ways to transfer funds to and from your betting account. Accepted cards consist of Visa, Visa Electron and Maestro. Betfred won’t charge you for using any of these cards, though it’s important you check with your banking institution if any fees will be applied by them.
To use a card, make sure the name and address of your banking account matches that of your Betfred account. To ensure the safety of your funds, Betfred uses Secure Code. Each time you make a deposit, you will be prompted to enter your unique password.
Before using a debit card for depositing funds, you might be asked to provide additional documents for authorization purposes. This is also part of the Know Your Customer scheme, adopted by most UK online bookmakers.
What information is required? You might need to provide copies of the front and back of your card, a copy of your driving licence or passport and/or a copy of a recent utility bill or bank statement. The same could be asked for when you attempt to make a withdrawal.
The minimum deposit when using a debit card is £5. For withdrawals, you will need to use the same card you used to make a deposit. There are no fees applied for using this method. Minimum withdrawals are set at £5, with a maximum limit set at £9,999.99.
eWallets
A common method of transferring funds online is to use eWallets. Betfred allows deposits and withdrawals via three online wallets: Neteller, Skrill and PayPal.
With all eWallets, the name and email address on your online wallet must match that on your Betfred account.
For Neteller customers, a minimum deposit of £5.50 applies. Betfred won’t charge you for depositing using your Neteller account, as long as you play through your deposit at least once.
To withdraw to your Neteller account, a minimum of £5 and a maximum of £4,000 limit applies. All withdrawals are free of charge, providing you’ve played through your initial deposit at least once. For all other withdrawals, a 2 per cent charge applies.
On to Skrill. Users need to deposit at least £5. No fees are applied by Betfred. As for withdrawals, a minimum of £5 is required, with a maximum limit of £6,500.
Finally, there’s PayPal. The minimum deposit amount for PayPal users is £5.50, with a minimum withdrawal set at £5. A maximum withdrawal amount of £5,000 also applies. Betfred doesn’t apply any fees for fund transfers using this method.
Paysafecard
Paysafecards and vouchers can provide an easy way to make deposits into your Betfred account. Once you’ve bought your voucher, you can enter the code on the Betfred deposits page.
Bank transfer
Depositing and withdrawing via bank transfer is also a possibility at Betfred. You can transfer funds this way no matter where in the world you are.
The minimum deposit for using this method is much higher than any other listed on the Betfred site, at £85. You will also need to allow at least two days for your deposit to be processed. Once it hits your betting account, Betfred will notify you by email.
You are allowed one free bank transfer withdrawal per 28 days. If you want to withdraw more often, fees apply. Betfred will charge you £25 for an urgent transfer, or £12 for a standard transaction.
There is no maximum limit for bank transfer withdrawals. The minimum withdrawal amount is £25.
Betfred shops
Betfred is a rare operator in that it is held in pretty high regard both online and on the high street. You can make deposits and withdrawals to and from your online account using any Betfred shop.
This method can be time-consuming, though. The Betfred customer service team will need to be called to process any deposit or withdrawal. Make sure you also take identification for each transaction.
Betfred customer service
All top UK bookmakers provide plenty of ways to get in touch with customer support, and Betfred is no different. If you encounter any issues with your betting account, there are a number of things you can do to solve them.
First, take advantage of the in-depth Help menu found on the operator site. Betfred provides one of the most comprehensive menus you can find from any online bookie.
If you can’t find an answer, contacting customer support is your next step. There are a variety of ways in which you can do this. You can do this via live chat, email and telephone.
Bookmakers have certainly used the huge growth in social media to their advantage. As well as using platforms to attract new customers, operators also provide help through these channels. You can contact the Betfred team via Facebook or Twitter. Allow a few hours for a response.
Betfred review
There’s much to be impressed with at Betfred. It’s one of the leading names in the UK online betting scene and it’s easy to see why.
The most attractive qualities Betfred offers include its range of unique promotions. These bonuses are generally offered on football and horse racing. It would be nice to see promotions spread across a number of sports all year, but this is a small criticism.
It’s clear that Betfred has gained a huge number of fans for its promotions and bonus opportunities alone. An increase in the number of separate odds on any given sporting event would push this bookmaker into the upper echelons of the online betting scene.