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Betfred Sportsbook Review & $500 Bonus

Betfred provides great odds, and it could become a big US operator. In this Betfred review, we will uncover all aspects of the Betfred sportsbook, including markets available and bonuses offered.

image author charles perrin
Author:
Charles Perrin
Published:
04/04/2022
Last Update:
18/07/2024
Betfred
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4.8
$105 Free Bet
$105 Free Bet
Gambling problem? Call 1-800-NEXT-STEP, text "NEXTSTEP" to 53342, or visit https://problemgambling.az.gov

General Information

🎁 Bonus $105 Free Bet
⭐ Rating
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4.8
by Odds Scanner US
💳 Payments American Express
Bank Transfer Mastercard
PayNearMe Play+
⚽ Sports American Football
Basketball
Baseball
Ice Hockey
Football
🛡️ License ADG ADG/09-09-2021

Pros and Cons

Competitive sports odds
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Odds boosts for sporting events
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Live betting and live streaming
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Widespread soccer coverage for domestic and international competitions
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Secure betting operator
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A smaller selection of prop markets
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Bonus
$105 Free Bet

Betfred Sportsbook Review

Betfred is one of the oldest sportsbooks around, and it is incredibly user friendly. All the sections are neatly laid out, including promotions. There is an A-Z list of sports (there are 13 on the roster at Betfred), and the top sports leagues are easy to find, such as NBA, La Liga, and Serie A.

At Odds Scanner US, we are constantly scrutinizing the best operators in the business, so read our Betfred sportsbook review to see what this site has to offer.

Is Betfred Legit? (Can You Actually Win?)

Yes, Betfred and Betfred online betting are legit. Betfred USA is available in several states, including Colorado and Iowa. Betfred holds a license from the Colorado Division of Gaming for Colorado players, so you can be assured that it is a safe site.

Betfred Bonus Packages

At Odds Scanner US, we like sites that offer great bonuses. The Betfred bonus is pretty competitive. The signup offer for Colorado players is a 100% matched deposit bonus of up to $500.

The other Betfred sportsbook offers include NBA wagers, such as a free $10 bet when you wager $50.

Betfred – The welcome bonus deal

The Betfred opening offer is a 100% matched deposit of up to $500. This is for Colorado residents and can be used on markets with minimum odds of -200. You must deposit a minimum of $10, and free bets will be credited within 72 hours of settlement.

Betfred – NBA parlays

The NBA parlay, which is available for up to 3 wagers, allows you to earn a $10 free bet. You can use it on selected qualifying NBA outright markets and free bet wagers must carry minimum odds of -200.

Betfred Mobile Play and App Experience

The Betfred site is very user-friendly. For NBA betting, you will find over 40 markets for individual games during the regular season. The Betfred app is very versatile, facilitating in-play betting on Apple and Android devices, including live streaming.

Betfred Mobile Experience Highlights

  • Live streaming
  • The app is optimized for mobile (iOS and Android)
  • Great app for live betting
  • Cash Out available

Betfred Desktop Experience Highlights

  • Good quality of odds
  • Wide range of sports to bet on

Betfred and Capturing Great Odds

The Betfred odds are quite competitive. Whether it is Betfred football or Betfred UFC you are wagering on, you may find reduced odds.  We were very impressed with the quality of odds served up at Betfred.

 

At Odds Scanner US, we value the importance of operators dishing up great odds, and Betfred ranks well here compared to the likes of Fanduel and BetMGM. It is important to choose an operator that has strong odds, so you can get value for your money with your wagers, and that is one of the reasons our Betfred review is so positive.

Same-Game Parlays

Betfred online is great for same-game parlays, so if you like to bet build, Betfred allows you to construct different types of soccer bets, such as player goals and the total number of corners over/under onto one betting slip. This is one of the reasons Betfred is special.

Giving those odds a boost

At Odds Scanner US, we rate sites that have odds boosts. At Betfred, you will find daily odds boosts in the “Betfred Boost” section of the sportsbook lobby.

Trending Betfred odds

The trending section shows the most popular types of bets. Some sites allow you to request special bets, but we like the trending section, as it is tailored to what bettors should wager on.

Betfred Futures betting

Betfred has a wide range of futures markets. For NHL futures, you can find more than 20 futures markets ranging from Stanley Cup winner to who will win the Eastern Conference.

Betfred Sports Betting Review

Betfred online sports betting is very diverse. You will find 13 sports to wager on in the Betfred sports lobby. Among the sports you can bet on are NBA, NFL, and tennis. Betfred has a healthy range of sports to bet on compared to its competitors.

Soccer betting at Betfred

You can wager on the biggest soccer leagues and competitions in the world at Betfred, including the English Premier League and Champions League.

NBA betting at Betfred

NBA is very popular at Betfred. Throughout the regular season, you can make spread bets as well as same-game parlays, which is a newer element on the Betfred website.

Ice hockey betting with Betfred

Betfred is brimming with NHL lines during the regular and postseason, such as moneylines and props.

Baseball betting with Betfred

Baseball betting is huge at Betfred. You can find plenty of lines during the regular season, and the MLB sparks into life during the World Series.

Betfred Casino Review

Betfred casino is completed with all the biggest slots and traditional games, such as roulette and Betfred blackjack titles. Whether you are into slots or poker, you will be able to find the Betfred online games here. There is also a live casino section at the Betfred online casino.

Betfred – Live Casino

The live casino is a highlight of this Betfred review. The live casino section is filled with exclusive blackjack and roulette games available 24/7.

Betfred Poker

Betfred runs regular poker tournaments, and new players can get free spins and casino bonuses when they sign up.

Must Drop Jackpots

Some of the Betfred slots run regular weekly jackpots, so keep your eyes peeled to win big.

Game of the Week

Betfred will advertise the Game of the Week on their site. By playing it, you can earn loyalty points that can be converted into cash.

Betfred Deposit and Withdrawal Methods

In terms of Betfred deposit and Betfred withdrawal options, they are fairly limited. They include Play+, Visa, and MasterCard.

How can I deposit money on Betfred?

You need to make a minimum Betfred deposit of $10, and this can be achieved with the following payment methods:

  • Play+ (funds should arrive instantly)
  • VISA (funds should arrive instantly)
  • MasterCard (funds should arrive instantly)

How can I withdraw money on Betfred?

Make withdrawals from your Betfred online account using the following options:

  • Play+ (no minimum or maximum amount and funds arrive instantly)
  • Bank transfer (can take up to 5 days to process withdrawal requests)

Betfred Sports Betting Markets

The Betfred sportsbook is filled with plenty of betting lines, and it is one of the most comprehensive sites we have reviewed in terms of sports markets available. Betfred online sports betting enables parlays, props, and moneyline bets. There is also in-play wagering, which is a key element in any reputable sportsbook.

Betfred Moneyline

Ideal for novice bettors, the Betfred moneyline is a 1×2 market, meaning you just have to predict the match-winner. This is a popular type of bet, and this market is available on all sports at Betfred.

Betfred Total Points Selection

Available for sports such as ice hockey and NBA, this is a prediction of how many total points are scored in a match. If you predicted an NHL game to have Over 9.5 points, your bet will be returned as a winning one if 10 points or more were scored.

Betfred Spreads

Betfred spreads have a handicap applied to the favorite to show the difference in quality. A line is set, such as -1.5 or +1.5 points, so the underdog is given an advantage. If you side with the favorite and they win by more than the expected margin of victory, you will be successful.

Betfred Parlays

Parlays let you combine multiple bets for games. With soccer, this entails goalscorer and correct score markets. To win, all of the legs of your bet have to win. The cumulative odds are usually quite attractive.

Betfred Login and Registration

Setting up a Betfred account is easy. Once you have completed a few steps, you can log in to Betfred and make full use of the sports markets available. Betfred also utilizes SSL (Secure Socket Layer) security to keep you safe while playing online.

1.   Set up an Account

Click the “Register” button. Fill in all the necessary details, such as name, gender, and date of birth.

2.   Answer security questions

You will need to create security questions to add an extra layer of protection to your account. You can enter a Betfred promo code at this point.

3.   Accept the terms and conditions

Make sure you read the terms and conditions before accepting them.

4.   Upload documents

You must upload scanned copies of documents to prove your identity.

5.   Begin betting

You can now begin betting, so pick the sports markets at Betfred you want to wager on.

Betfred Live Betting Experience

At Odds Scanner US, we value operators that offer a live betting experience, particularly live streaming. Betfred ranks well compared to its competitors, and you can enjoy the full live betting experience at home or on the go.

Betfred In-Play

Betfred is packed with in-play markets, allowing you to see the odds change in real-time. You can place bets and cash out during games.

Betfred Live Streaming

At Betfred, you can stream events on desktop and mobile. If you are a horse racing fan, Betfred has a Grand National stream which is free to those who have an account.

Betfred – Providing Quality Customer Support

At Odds Scanner US, we rate operators who offer good quality customer support very highly. Contacting Betfred is straightforward, and you can get in touch with the sportsbook in the following ways.

  • Live chat – Available 8 AM to 9 PM Monday-Thursday, and 8 AM to 11 PM Friday-Sunday)
  • E-mail – [email protected] (Colorado)
  • Phone – 720-640-4033 (Colorado)

Betfred Company History

Betfred is one of the most experienced sportsbooks around. The Betfred company was founded by British businessman Fred Done, and after expanding his betting shops in the UK, it branched out to other parts of the world. Now, Betfred online gambling is perceived as a dream site for bettors, and it is one of the most respected operators around. The Betfred sportsbook is always finding new ways to draw more bettors to the site, including elements such as same-game parlays.

Betfred vs Other Sportsbooks

Betfred is considered a solid operator stacked with fabulous sports markets as well as great promotions. At Odds Scanner US, we are always comparing and reviewing operators, and we know what bettors should look for when picking a site. While not everyone in the US will have heard of Betfred, it has a good reputation and compares favorably to other sites like FanDuel and BetMGM.

Conclusion - Is it Worth Betting on Betfred?

Overall, Betfred is one of the most trustworthy and secure sites. Our Betfred sportsbook review is positive thanks to its competitive offers. We feel that the same-game parlays and live streaming service will resonate with bettors. Oh, and the quality of customer support is excellent compared to other operators. If you are looking for a great site, then you will be impressed by what Betfred has to offer.

Frequently Asked Questions About Betfred

Is Betfred a legit betting site?

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Yes, Betfred is a legit betting site that has an official license, and you can win real money playing here.

Where is Betfred based?

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Betfred is based in a few states, including Colorado and Iowa. Some of these states have land-based locations where you can bet in person.

Who is Betfred owned by?

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Betfred is owned by British businessman Fred Done, and it has been around since the 1960s.

How do I deposit money on Betfred?

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You can deposit money with Betfred in a variety of ways, including Play+, MasterCard, and Visa. You can deposit via the app and on desktop. The minimum deposit is $10.

How long does it take to withdraw from Betfred?

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The length of withdrawals will depend on the payment method used, but it can range from 24 hours via Play+ to five days for bank transfers.