Betfred betting review

By Teemu Mattila. Updated:
Sign up offer £40 free bet
Bonus code: WELCOME40
Minimum deposit for bonus £10
Extra sign up offer info
Wagering requirements 1x (D)
Minimum odds to claim bonus -
Maximum payout with free bet -
Bonus winnings paid in cash No
Basic information
Launch date 11/2004
Minimum deposit £5
Platform Independent / No platform
Return to player % 93%
Live casino No
Bingo No
Play here » New UK 18+ only. Register (excl. 13/04/2024) with promo code WELCOME40, Bet £10+ on Sports in one transaction within 7 days of registering. Get £30 Free Bets & £10 free spins within 10hrs of bet settlement. Bonuses expire 7 days after issue. Min odds, eligibility & payment exclusions apply. Full and Bonus terms apply.

A quick glimpse of Betfred betting


Betfred Betting - Quick review

Bojoko rating


➕ Some of the best football odds available
➕ Top quality betting experience from streams to mobile
➕ 24/7 customer service via live chat, email and phone


➖ No way of getting faster withdrawals than 2 days

Mastercard Visa Online bank transfer
Mastercard Visa Wire transfer

Betfred is one of the UK's biggest and best-known betting brands. A gentleman called Fred Done founded Betfred as early as 1967. Nowadays the brand has hundreds of betting shops nationwide and millions of users online.

The site is well-known for sponsoring multiple sports, such as, snooker, darts and golf. Betfred has a lot of exposure in these sports and all familiar to these surely know the brand well enough.

The bookie has great promotions, a great selection of betting markets, customer service that's always available and tax-free betting winnings for UK players, thanks to a UKGC license. Read more and discover all of Betfreds's versatile features!

Read also our other Betfred review:

Betfred sign-up offer for betting

Open a new Betfred account today, bet £10 get £40 in bonuses! Claiming the welcome bonus is ridiculously easy. Just follow these steps: 

Welcome bonus will paid as follows:

  1. £30 free bet to sports betting
  2. £10 in free spins

New UK 18+ only. Register (excl. 13/04/2024) with promo code WELCOME40, Bet £10+ on Sports in one transaction within 7 days of registering. Get £30 Free Bets & £10 free spins within 10hrs of bet settlement. Bonuses expire 7 days after issue. Min odds, eligibility & payment exclusions apply. and bonus terms apply.

Play on Betfred »

Bonus instructions in a nutshell:

  • Go to the Betfred site via the links on this page
  • Make £10 minimum deposit with promo code WELCOME40
  • Place your first bet of £10 at odds of evens or greater
  • Receive £40 in bonuses after qualifying bet settling
  • Use free bets  and free spins in 7 days, or the unused amount will be removed

Betfred free bet bonus code

You will need to use the bonus code WELCOME40 to get Betfred's welcome offer for betting.

Significant terms of the Betfred betting offer

  • New customers residing in the UK who are at least 18 years old are eligible
  • Betfred must successfully verify customers before any Free Bets are awarded
  • Register using the promo code WELCOME40
  • Deposit at least £10 using a Debit Card registered to you within 7 days of registering for an account with Betfred
  • Place a bet of £10 or more on any qualifying Sportsbook markets at odds of Evens or greater (2.0+)
  • Only your very first valid bet will count
  • You will receive £30 in Free Bets and £10 in Free Spins within 10 hours of your qualifying bet being settled
  • Crediting may be delayed if additional documentation is required
  • Any unused Free Bets will expire 7 days after issue
  • The 50 Free Spins can only be used on one of the following titles at Betfred Games: Eye of Horus, Eye of Horus Megaways, Fishin' Frenzy, Fishin' Frenzy Megaways
  • The 50 Free Spins have a value of £0.20 per spin (total value £10)
  • Once credited, the Free spins are valid for seven days
  • Any Free Spins not used after seven days will expire.

Compare Betfred new customer offer for bettors

Bojoko rating 4.5
Welcome bonus £40 free bet
Wagering requirement 1x (D)
Minimum deposit for bonus £10
Minimum odds 2
Max conversion -
Payout percentage 93%
Bojoko rating 4.6
Welcome bonus £30 free bet + 50 free spins
Wagering requirement No
Minimum deposit for bonus £10
Minimum odds -
Max conversion -
Payout percentage 94%

Betfred provides excellent odds on a wide range of sporting markets, with a theoretical payout percentage of 93%. The best odds are for football. Betfred football odds payout may climb over 95%.

Betfred also has a feature called "#PickYourPunt." With this bet builder tool, punters are able to build their dream bets with higher odds than are available on general markets.

Betfred change to decimal odds:

The display of Betfred's odds format is changeable. Bettors can select fractional, decimal or the American way of showing the odds. You can change Betfred odds to decimal from your profile settings.

Football is of course the number one sport at Betfred, but the whole selection of different sports is impressive. All the biggest sports in the UK are covered: Football, tennis, basketball, rugby, snooker, darts, golf, and many more.

Betfred offers also a bit more than just sports betting. The brand also has a range of odds available on Entertainment, TV, Music or Politics to keep bettors interested. Betfred has covered all the most popular TV reality shows in the UK, ranging from Britain's Got Talent to I'm A Celebrity to Get Me Out Of Here.

So, whether players want to try their luck on greyhounds or place a wager on Big Brother TV show, Betfred has it all.

Betfred's Cashout feature is available on many single and multiple bets on sports such as horse racing, football, and tennis. Cashout allows players to choose whether to accept the cash-out price now or wait until the event is over.

The amount of cash-out depends on the bettor's original bet, the status of any previously completed selections, and the current market price of your unsettled picks.

Betfred offers in-play betting on a wide range of sports, including football, tennis, greyhounds, horse racing, darts, cricket, American football, and many more.

The odds are displayed clearly alongside events and are at a competitive level compared to competitors. The cashout feature is also available on selected live betting markets.

Betfred live streaming

Betfred treats its customers well by offering top-quality live streams from the world's best sporting events. Betfred live streams are free for registered users.

Only to watch Irish and International Hore Racing or Greyhounds, players must place a bet of £1 or 50p each-way on the race to watch the stream.

The Betfred mobile app is one of the top 10 sports apps in the UK in Google Play Store, and the application also has success in the iOS App Store as well. The app has more than half a million downloads, and tens of thousands of users have rated it on a scale of 1 to 5, with over four stars.

This means it is safe to say that the Betfred app has everything it needs. In some cases, punters don't want to download apps for their mobile devices. Luckily Betfred betting site works also ideally on native smartphone browsers.

Therefore no one is forced to download the app, and everything rolls on from signing up to placing bets and claiming offers with mobile devices.

For most people, gambling is a fun and enjoyable pastime. However, for a small number of players, there can be problems, and gambling can take control of their daily lives. To promote safe and responsible gambling and to prevent the harms of gambling, Betfred offers several different tools for their users, such as:

  • Advice on Staying in Control
  • Deposit Limits
  • Reality Checks
  • Time-Out
  • Self-Exclusion

All banking transactions at the betting site are also safe and secure, and Betfred takes the security of its users' personal information very seriously.

Betfred customer service is open 24/7. Users can use Betfreds comprehensive FAQ section in case of any questions, or contact by live chat, email or phone.

  • Email support: ✅
  • Live support:
  • Phone support: ✅

Betfred needs to verify all its customers' ages and identities as part of the requirement of licensing conditions under the UK Gambling Commission. This action is known as the "Know Your Customer" (KYC) process. Players can use any of the following as proof of identification and address:

  • Passport with a valid expiry date
  • Driving license with a valid expiry date that shows full identification number/driver's license number.
  • Recent utility bill or bank statement

The easiest way to send documents is to log in to Betfred's account and select "Submit My Documents."

Betfred covers all the most popular banking methods, such as Visa and Mastercard, Neteller, and Skrill. Betfred will not charge you for depositing or withdrawing money from your account. Withdrawal times depend on the used method.

There is no minimum withdrawal amount, but players need to contact Betfred's customer service department if they want to request a withdrawal of less than £5. Betfred's maximum payout is £1 000 000.

  • Minimum deposit: £5
  • Maximum deposit: £❌
  • Deposits free of charge: ✅
  • Minimum withdrawal:£❌
  • Maximum payout: £1,000,000
  • Withdrawal free of charge: ✅
  • Pay by mobile bill: ❌

depositing methods (betfred uk betting)

Mastercard Visa PayPalNETELLEROnline bank transferSkrillPaysafecard

withdrawal methods (betfred uk betting)

Mastercard Visa PayPalNETELLERSkrillPaysafecardWire transfer

betfred betting Withdrawal times

  • Mastercard 2-5 working days
  • Visa 2-5 working days
  • Wire transfer 2-5 working days
  • Skrill 2-5 working days
  • Paysafecard 2-5 working days
  • PayPal 2-5 working days
  • Neteller 2-5 working days

FAQ of the Betfred betting site


No matter which method you use, your winnings will reach you within 2-5 working days. E-wallets are your best bet for faster withdrawals.

Betfred operates under the Petfre Ltd. company from Gibraltar.


Feel free to contact Betfred's helpful customer support team via live chat, email or phone.

Check out more betting sites: 

About the author

Teemu Mattila

Reviewed by:

Teemu Mattila
With a career starting in 2015, Teemu has an extensive background in content writing, collaborating with global companies in Finnish and English. Since 2021, he has been working with Bojoko, focusing on sports betting and casino content, combining his passion for sports and the iGaming industry.


This review was made independently by Bojoko’s betting expert. Rating score is based on both quantitative and qualitative factors: offers, odds & markets, payment methods, customer service and usability.

The review method is uniform for all bookmakers affiliated with Bojoko, so you can easily compare this betting site with other brands.

See the full review methodology here.

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