Welcome to our review of Betfred carried out in December 2023. If you are looking for the best odds on racing and other exciting sports events, then you’ll want to check out Betfred and what this popular UK betting site has to offer.
Plus with welcome offers, bonuses, the Betfred extra places scheme, live betting and other interesting features, they come highly recommended. Could Betfred be the new online bookmaker for you?
Find out more about Betfred horse racing today:
- 1 Betfred Welcome Offer & Sign Up Bonus
- 2 Important Information about Betfred Bookmaker
- 3 Ongoing Promotions & Offers For Betfred Customers
- 4 Betfred Loyalty Promotion & Player Rewards
- 5 Betfred Website and Brand Overview
- 6 Events to Bet On – Sports Betting Options
- 7 Mobile Betting & The Betfred Mobile App
- 8 Betfred Virtual Horse Racing
- 9 Betfred In-Play Betting Options and Live Steaming
- 10 Betfred Payment Methods and Depositing for Betfred Betting
- 11 Withdrawal Options from Betfred Bookmakers
- 12 Can I cash out on a Betfred slip?
- 13 Betfred Bet Calculator
- 14 Who Owns Betfred?
- 15 Betfred Software
- 16 Betfred Customer Support Phone Number and Email
- 17 Related Betfred Articles
- 18 Final Thoughts About Betfred Racing
Betfred Welcome Offer & Sign Up Bonus
A generous Betfred joining offer is up for grabs today. When you sign-up, you will be able to bet £10 get £40 in free bets!
New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. #AD Full T&Cs apply.Full T&C's Apply
This is one of the best offers we have seen for sports fans, in a long time.
How to use free bets on Betfred?
Here is how to claim free bets on Betfred:
- Register for a Betfred betting account
- Click “opt-in” to the Betfred sign-up betting bonus
- Deposit £10 to your Betfred betting account
- Wager a £10 bet at odds of evens or greater
- Once the first £10 bet is made and settled, you will receive your £40 Betfred bonuses
Betfred sign up offers often change but are always good value, so you can rest assured whenever you sign up to Betfred you will get a good deal.
Bet 10 Get 40 Betfred
The above offer is sometimes called “Bet 10 Get 40′ – for obvious reasons. In general, the bet 10 get 60 welcome offer is one of the best around and its one that most of the top bookmakers offer at various times of the year.
The bet 10 get 40 applies when you wager £10 or more on your first horse racing bet at betting odds of evens (2.0) or greater and get £60 in bonuses credited to your account within 48 hours of your settled bets. Happy days.
Betfred Wagering Requirements
All online bookmakers have wagering requirements for special offers. When activating the latest welcome promotion, you will need to meet these regulations before being eligible to withdraw your winnings.
Usually, you have to wager it a set amount of times before being able to take your money. This is expected normal and it is always clear in any terms and conditions.
It is with pointing out that unused Betfred free bet will be wiped after seven days, so do bear that in mind.
Important Information about Betfred Bookmaker
Ongoing Promotions & Offers For Betfred Customers
When you open any new betting account it should be about more than just the welcome bonus.
Although “new player bonuses” often attracts us, it’s important to check for on-going offers and promotions. Does the betting site look after its current customers as well?
Well, we were extremely pleased with the number of horse racing promotions available at Betfred. In fact, Betfred rewards current customers very well and they have lots of bonuses and offers, check them out below:
Betfred Extra Places Today
If you bet each way then you will be grateful to learn that you could enjoy extra places. These are applied to certain races and events, check their promotions page for more detail. They may allow up to five or six, depending on the field size!
Betfred Free Bet if 2nd
If you bet on a horse to win and it’s pipped at the post, then you will have some consolation with Betfred. You will get your stake back as a free bet, this is usable up to £10. A nice touch, as it enables you to see the positive in near misses.
The Betfred “Free Bet if 2nd” is hugely popular. It means if I’m unlucky enough to finish second, you’ll be given a free bet. Certain terms and conditions apply but its certainly a great offer!
Betfred Best Odds
Basically with Betfred if you take an early price and the odds increase prior to the race (meaning the starting prices is bigger), then you will get the bigger odds.
Knowing that you can bet with BOG as standard, gives punters peace of mind. Find out more about Betfred best odds guaranteed today.
All Correct Bonuses
As if it wasn’t good enough getting your selection correct, this bonus from Betfred offers you an extra 25% boost to your winnings.
One Winner Bonuses with Betfred
If you get only one selection correct from your multiple bet, then get either three, four or five times the odds.
Betfred Loyalty Promotion & Player Rewards
It’s rare that the big bookmakers offer loyalty and reward programmes for sports bets as standard.
Betfred on the other hand, offer the chance to enjoy loyalty bonuses and other privileges and the best thing is; any player can join. It’s up to you to show your loyalty and bet with them, but as you do you will move “up the ladder”.
You could then be privy to the following:
- 24/7 Mobile Contact
- Access to Dedicated VIP Team
- Dedicated Account Manager
- Event Invites
- Faster Withdrawals
- Race Day Passes
- Enhanced Sports Offers
- Exclusive Competitions
Betfred Free Bets
Loyal players will receive notifications about potential free bets. At the moment there aren’t any showing – although there are the bonus rewards that we have mentioned.
Betfred offers and free bets for existing customers do happen quite a lot and if you are a customer they will notify you directly, or you can check back here.
Betfred Website and Brand Overview
Betfred is one of the most famous bookmakers on the Highstreet, there are lots of Betfred betting shops and their purple and blue theme is easily recognisable.
They place lots of adverts on TV and have been around for a long time; they are popular and well respected.
Events to Bet On – Sports Betting Options
There are plenty of horse racing events to bet on with Betfred. You can enjoy a flutter on all the latest races as well as big events like the Cheltenham Festival, Ascot Champions Day, The Breeders Cup and The Grand National.
You can also bet on a range of other sports including football, rugby, tennis, greyhound racing and more.
Mobile Betting & The Betfred Mobile App
Bet from your mobile phone by simply accessing Betfred from your browser – the Betfred betting app and Betfred mobile site is easy to use and navigate.
This can be done on your phone or tablet, regardless of whether you own an iPhone or Android.
All players can seamlessly enjoy horse racing. You won’t be required to download the Betfred online betting app, but it’s available if you’d prefer. If you want the Betfred app, to enjoy live odds and quick access – then go to the Play Store or App Store and download. The Betfred app download is swift and easy.
You can also find out more about mobile betting apps.
Betfred Virtual Horse Racing
Betfred offers virtual sports betting on horse racing and greyhound racing.
The Betfred virtual sports shows markets on the ‘next five races on horses’ and ‘next five dog races’.
Here are the following virtual horse racecourses:
- Birchwood Downs (flat racing)
- Dash Valley (sprint)
- New Forrest Park (flat racing)
- Southfork Park (sprint)
Betfred virtual sports has grown hugely and they certainly are part of the top-rated virtual horse racing betting brands.
The virtual grand national race looks so real and the graphics are amazing at Betfred for the virtual racing. They have many virtual race with Betfred virtual results posted instantly.
You can check out our horse racing results page here.
Betfred In-Play Betting Options and Live Steaming
It wouldn’t be a sportsbook without in-play betting and live streaming.
We are now seeing lots of bookmakers offer some thrilling in-play features. You can enjoy in-play betting, which includes horse racing markets. If you want to know what is available to bet on, then check out the in-play bets. They showcase the latest odds.
What’s more, you can enjoy some of the other features including watching the racing live via Betfred live steaming.
Betfred Payment Methods and Depositing for Betfred Betting
It is imperative to check out the betting payment methods before joining an online bookmaker.
Betfred has a variety of payment types from e-wallets to bank transfers. The deposit and Betfred withdrawal methods are:
You can deposit and withdraw using the above payments. Each one comes with its own terms, be sure to check them for more details on processing time. You’ll also be able to check the minimum deposit, which at the moment is as little as £5.
The Betfred withdrawal time is the standard and typically from 24 hours to 72 hours.
How Do I Make a Betfred Deposit?
To login to Betfred follow these steps:
- Fo to the official Betfred website.
- Log in with your username and password.
- Click on the “My Account” button.
- Hit the “Deposit” button.
- Choose the deposit method.
- Enter the amount you wish to deposit.
Can you deposit on Betfred with PayPal?
Betfred accepts PayPal as a payment method.
Start by logging into your Betfred account, then select My Account and press the deposit button. After that, select PayPal as your deposit method and fill in the amount you’d like to put down.
For other betting sites for horse racing that takes PayPal credit, check out our guide.
Withdrawal Options from Betfred Bookmakers
Making a withdrawal is simple, go to your wallet and click on withdrawal. You can then type in the amount that you want to put into your bank. There are limits on how much you can withdraw; you will need to meet a minimum of £5. The maximum amount that you can withdraw depends on the method that you use, but it ranges from £5,000 to £20,000.
What Does Betfred show as on your bank statement?
On the bank statement, Betfred deposits and winnings show up as “From Petfre (Gibraltar) Ltd”.
Petfre (Gibraltar) Limited is the business that owns the Betfred UKGC license.
How do I transfer money from Betfred to my bank account?
To transfer money from Betfred to a bank account go to your account and click on “withdrawals”. Enter the amount you wish to withdraw and hit the button. The funds will be returned to the same payment method you used to make your deposit, in accordance with Anti Money Laundering Regulations.
Can I cash out on a Betfred slip?
Whenever you are ready to CashOut, simply hit the CashOut button to lock in a profit if your bet is coming in, or cut your losses if your bet is going against you. You can choose to accept the CashOut amount offered at any time, or let the bet continue to its natural conclusion.
Betfred Bet Calculator
Check out our online bet calculator which can works out all returns on every bet type you could wager with Betfred.
The Betfred bet calculator is able to work out winnings just like the betting calculator above.
A popular bet looking to bet worked out by Betfred customers is the lucky 15 bet calculator, as when betting with Betfred as in some betting shops they offer treble the odds for one winner!
Who Owns Betfred?
Betfred is owned by Lightcatch Limited and their parent organisation is Betfred Group Ltd.
It was established in 1967 and is now a multi-billion pound company. If you want to get involved with them and become an affiliate, then you can do so. Apply to become one of their affiliates, at Active Wins.
They are regulated in Great Britain.
Betfred is licensed and regulated in Great Britain by the Gambling Commission under account number 39544.
The UKGC license number 39544 is under Petfre (Gibraltar) Limited which owns the licensing for Betfred.
This is completely above board and the well-known commission has a license, ensuring fair play and that all companies abide by the law.
The remote licence number 039544-R-319290-007 under Petfre (Gibraltar) Ltd is licensed for Bingo, Casino, Virtual Betting and all Sports Betting.
Betfred utilises all of the top software providers. Although you may not think about software when it comes to placing a racing bet, there’s a lot of technology that’s behind the running of the site.
It ensures that it all runs smoothly and that there aren’t any issues when placing bets. We trialled it for ourselves and were happy with how responsive, easy to use and how fast the horse racing section of the site is.
Betfred Customer Support Phone Number and Email
It’s always great to join a site that has plenty of support. Betfred provides exactly that, with several ways to get in contact. Get 24/7 support using the live chat on their site. You will also be able to call them. All the details are below:
- Get in touch via the Betfred live chat feature.
- Call Betfred from the UK – on 0800 028 7747
- Telephone from outside the UK on- +44 1925 878269
- E-mail their customer service team at – [email protected]
Here are all articles related to the online betting and gambling UK Betfred bookmaker:
- Acca Insurance Betfred
- Betfred 100 Free Spins
- Betfred 200 Free Spins
- Betfred 50 Free Spins
- Betfred Alternatives
- Betfred Best Odds Guaranteed
- Betfred Bet 10 Get 30
- Betfred Bet 10 Get 40
- Betfred Bet 10 Get 5
- Betfred Bet 10 Get 50
- Betfred Bet 10 Get 60
- Betfred Bet 100 Get 400
- Betfred Bet 5 Get 20
- Betfred Bet 5 Get 40
- Betfred Bet 50 Get 250
- Betfred Bet Builder
- Betfred Betting App
- Betfred Betting Slips
- Betfred Cash Out
- Betfred Cheltenham Offers
- Betfred Extra Places
- Betfred Free Bet
- Betfred Grand National
- Betfred Guineas Offers
- Betfred Horse Racing
- Betfred Inplay
- Betfred iOS App
- Betfred Money Back 2nd
- Betfred Near Me
- Betfred Payment Methods
- Betfred Punchestown Offers
- Betfred Royal Ascot
Betfred is one of the world’s biggest bookies, bringing customers a great sports betting and gaming experience.
Final Thoughts About Betfred Racing
It is one of the most reputable online bookmakers that you’ll find. We had high expectations before testing it out, and we were not disappointed.
They have a generous welcome offer, but what factor we love is that they have lots of ongoing deals for existing players.
With plenty of markets and options for horse racing, we think that Betfred has some of the best prices and markets around.
If you enjoyed our review of Betfred horse racing, check out the site for yourself in December 2023.
- A reputable company recognised and loved by millions
- Lots of sports categories – all popular sports are covered
- Lots of horse racing markets – domestic and international
- Ongoing deals for racing fans
- Bet from your phone, PC or tablet – to give you the best experience possible
- Betfred racing odds are some of the best around
- Enjoy the Cashout feature
- To download Betfred apps is swift and easy
- Betfred deposit options are varied with options to suit all customers
- The current Betfred sign up offer is a good one
- There are better welcome offers available but not very often!