Betfred Review 2024
Betfred Sportsbook has a rich history dating back to 1966, earning its reputation as a trusted name in the sports betting industry. Now available in select US states, it combines decades of experience with modern features like live betting, daily odds boosts, and a user-friendly app.
In this article, we’ll dive into everything you need to know about Betfred, from its standout features and bonuses to its banking options and customer support. Keep reading to see if this platform is the right fit for your betting needs.
Quick Facts About Betfred
| Foundation Year | 1966 |
| Welcome Bonus | Free bet of up to $105 |
| Founders | Fred Done, Peter Done |
| US States Live in | Nevada, Pennsylvania, Washington |
| Mobile App | Yes (Android and iOS) |
| Live Betting | ✅ |
| Live Streaming | ✅ |
| eSports Betting | ✅ |
Pros and Cons
Even the best US sports betting platforms come with benefits and drawbacks. Betfred Sportsbook is no different. Below, we’ll take a look at whether the good outweighs the bad:
| Pros | Cons |
|---|---|
| Variety of bet types, including in-play, parlays, and teasers | Live in only 3 US states |
| Frequent promotions and daily odds boosts | Limited payment methods |
| Great range of available sports | Fewer markets for the main leagues in comparison to competitors |
| Daily in-play betting markets |
Is Betfred a Legit Sportsbook?
➡️ Yes, Betfred Sportsbook is a legitimate and reliable betting platform in the United States. With over 50 years of experience in the global sports betting industry, Betfred has successfully transitioned into the US market, operating under strict regulatory oversight in Nevada, Pennsylvania, and Washington. These state gaming commissions ensure compliance with all local betting laws, providing a safe environment for users.
While it is currently live in only three out of the many US states where online sports betting is legal, the platform offers a well-rounded betting experience, featuring a variety of sports, bet types, and daily odds boosts. The addition of live betting and virtual sports options, along with its user-friendly app, enhances its appeal.
☑️ With frequent promotions, an enticing welcome bonus, and a straightforward registration process, Betfred is a strong choice for US bettors.
Betfred Bonuses and Promotions
You’ll find no shortage of bonuses and promotions at Betfred, both to draw in new users and keep existing ones rewarded.
Sign Up Bonus
New users who sign up for the Betfred platform are eligible for a welcome offer called $105 on Fred. To qualify, you must respect the following terms and conditions:
- Place a first bet of at least $20 with minimum odds of -200.
- You can wager on any sport during the promotion.
- Futures and bet boost wagers are not eligible for the welcome bonus.
- If the qualifying wager is unsuccessful, you’ll receive a free bet matching the wager amount (from $20 to $105).
- You must place your first bet within 7 days of claiming it.
- The bonus is not redeemable for cash.
Other Bonuses
On top of the welcome bonus, Betfred also offers other attractive bonuses:
- Betfred Sports Pick 6 Promo: By participating in the Betfred Pick 6 promotion, bettors are rewarded with a $100 free bet for getting six out of ten questions right.
- Daily Odds Boosts: Daily odds boosts are displayed directly on the left-hand pane of the site and are typically tied to popular matches, where you can increase your odds by up to +100.
- Free Ticket Giveaways: Giveaways and other promotions are available via the Betfred social media channels
The Betfred App
The Betfred sports betting app, available for iOS and Android, delivers a seamless and user-friendly experience. Its clean interface highlights upcoming and popular games from major US sports like football, basketball, and golf, along with various betting options.
The app mirrors the desktop version, giving you access to all sports, bonuses, and promotions. With consistently positive reviews on both the App Store and Google Play, the Betfred app is a reliable choice for mobile betting enthusiasts.
Banking Methods
While I found the selection of banking options at Betfred to be limited compared to other competitors, the options are quite popular and well-known, showing that you can find a dependable way to withdraw your winnings with ease and peace of mind.
Let’s take a closer look at the deposit and withdrawal options at Betfred Sportsbook.
Making a Deposit at Betfred
Depositing funds at Betfred is a straightforward and efficient process. The platform provides clear on-screen instructions to guide users through each step, ensuring a smooth experience. Multiple payment methods, including PayNearMe, are supported, offering flexibility and convenience for all users.
| Methods | Min Limit | Max Limit |
|---|---|---|
| PayNearMe | $10 | $10,000 |
| Bank Transfer | $25 | $50,000 |
| Play+ | $10 | $10,000 |
| Skrill | $10 | $10,000 |
| Visa and MasterCard | $10 | $25,000 |
Betfred Withdrawal Process
Betfred offers a variety of withdrawal options, giving users flexibility when cashing out their winnings. Choosing PayPal as an example, the process is straightforward and efficient. Withdrawals are processed quickly, with funds typically reaching your account within 24 hours, ensuring a seamless and reliable payout experience.
| Methods | Min / Max Withdrawal | Payout Speed |
|---|---|---|
| Visa, Mastercard, Maestro | $10 / $25,000 | Instant |
| PayPal | $10 / $25,000 | 24h – 48h |
| Skrill | $10 / $25,000 | 24h – 48h |
| Neteller | $10 / $50,000 | 12h |
| Bank Transfer | $25 / $50,000 | 5-7 business days |
| Online Banking | $10 / $10,000 | Instant |
| PayNearMe | $10 / $10,000 | Instant |
| Crypto | $10 / $15,000 | 2 hours |
Exploring the Betting Markets at Betfred
Betfred Sportsbook offers a huge range of options when it comes to betting markets that cater to every sport and interest. Players can place bets on popular sports like basketball, baseball, football, and boxing, as well as some niche sports like cricket and futsal. However, the list does not end here, as this sportsbook also features markets for darts and field hockey.
If you’re interested in some newer forms of entertainment, you’re also covered with virtual sports and eSports options.
Live Betting
Betfred live betting section is well-organized with plenty of daily matches. When engaging in live betting, you can view events in advance and pin them to your account for easy access. The sportsbook provides a good range of betting options and useful stats to track the action during live games and matches, ensuring you never miss out and can adjust your bets accordingly.
Virtual Sports
Virtual sports are available at Betfred and include 11 different events, such as virtual cricket, golf, and more. Some popular virtual sports on the site include football, horse racing, and speedway.
eSports
The options for eSports betting are quite limited here. You’ll find League of Legends events available, and a couple of other well-known games. But compared to competitors, Betfred’s eSports coverage is somewhat lacking.
Customer Support
Betfred offers several ways to reach their support team, including live chat, email, and direct phone contacts. Before accessing these options, go to the help section, which features a comprehensive FAQ answering common questions, as you may just find your query answered there.
One notable feature is that there are individual email addresses for each state where Betfred operates. Additionally, there is a separate text line for each state.
Here are the overall support options that apply to all states:
- Live chat: 24/7
- Email: [email protected] (General address)
- Twitter: @BetfredHelp
For direct phone contacts in each of the states where Betfred operates, click on the relevant state on the site to access the number and text line.
To test the quality of their customer service, I used the live chat feature and inquired about the welcome bonus. I clicked the live chat option at the bottom of the screen and was promptly greeted by a representative. They provided clear, step-by-step instructions for claiming the bonus.
Overall, I found the customer support agent to be efficient, helpful, and friendly.
How to Sign Up for a Betfred Account
The Betfred sign up process is a simple one, designed to get you started quickly. In just a few steps, you’ll set up your profile, provide the necessary details, and confirm your preferences.
Here’s a simple guide to creating an account with Betfred:
- Create Your Betfred Account.
Choose a username and password. Read and agree to Betfred’s terms and conditions.
- Provide Basic Information.
Enter your name, date of birth, and contact details (email address and phone number). Fill in your address.
- Complete Additional Information.
Specify your marketing preferences, confirm your preferred currency and add any promo codes if available.
- Finish Registration.
Click the ‘Register’ button to complete the process.
- Verify Your Account.
Most accounts are verified automatically. If needed, you may have to submit official documents to confirm your identity and address.
Having performed a thorough review and research on Betfred, we feel confident leaving you in their capable hands. So sign up, claim your welcome bonus, and place your bet at Betfred!
Still not convinced? Explore our list of sportsbook reviews! You’re guaranteed to find your next favorite platforms there.