Betfred’s Betting Site Review

Betfred is one of the most recognisable names in the industry and has been around for over 50 years. However, it still has a few tricks up its sleeve that help it outperform its competitors. Our detailed Betfred review will show which advantages strengthen a brand’s position.

You will discover the main features of the bookmaker, the odds, the functionality of the mobile app and much more.

Advantages and Disadvantages

Brief Information

Year Established	1967
Owner	Petfre (Gibraltar) Limited
Mobile App	Android / iOS
Welcome Bonus	Place £10 Get £50
Minimum Deposit	£5
Features	Cash Out, Bet Builder, live streaming, Safer Gambling tools
Customer Support	Email, live chat, phone

Betfred Bonus for Newcomers

Register and deposit £10+ with a debit card within 7 days. Place a £10+ wager at odds of evens (2.0) or greater. Only your first bet counts. You will receive £50 in Free Bets within 10 hours. If extra documentation is needed, you will be informed and allowed to wait for the reward longer. Use your Free Bets on any sportsbook market within seven days. Full T&Cs are available at www.betfred.com.

Betfred Product and Features

The company launched a digital platform in 2004, offering various services, including sports betting, live casino, tote pool, bingo, lottery, poker and virtual sports. The betting site offers many features, including a wide range of markets, stake types, live streaming, and tools like the Bet Builder and Pick Your Punt promo. Let’s examine these options more closely.

Sports Markets and Event Outcomes

The bookmaker offers around 30 sports, including British favourites such as horse racing, greyhounds, tennis, cricket, darts, rugby, snooker, and more. When it comes to the main sports, there is an extensive range of championships and markets. For example:

• Football: Premier League, Champions League, Europa League, Bundesliga and La Liga, you’ll find them all, as well as specific Betfred promotions (Premier League Quiz, Acca Flex, etc.). The site offers up to 800 markets for the top matches. However, it’s important to note that there is a lack of coverage for Latin American competitions.
• Horse Racing: Markets are available for racing in the UK and Ireland, as well as events in countries such as Japan, France, South Africa, and the USA. While live streaming is available for most races, there aren’t many options for horse racing in Australia or New Zealand.
• Tennis: The bookmaker covers all well-known events, including Grand Slams, Davis Cup, Masters, ATP and WTA, Challenger and ITF Futures.

Streaming and Live Betting

All live games available to watch are marked with a play icon and can be found in a separate Watch Live section. Horse racing enthusiasts can watch meetings in the UK and USA if logged in and have a minimum balance of £1.00. However, for all other horse racing from countries such as Ireland, Dubai, Germany, France, Hong Kong, India, LARCS, Singapore and South Africa, you must be logged in and have a fixed odds bet of at least £1 to win or 50p each way on the race you want to watch. 

Some football, basketball and tennis matches are also streamed, including many tennis streams for ATP, WTA and low-level tournament matches. It is important to note that there is usually a delay of up to 30 seconds between the action and the live stream displayed.

Margin

Overall, Betfred has relatively average odds. Of course, football is lower and can reach 5.5%, while for cricket, snooker, tennis and less popular sports, it is around 6-7%. However, the total commission tends to be significantly higher. Let’s see what the commission is for the leading UK disciplines.

Sports	Tournament	Date	Match	Average 1×2 Margin	Average Total Margin
Football*	Premier League	02/11/24	Newcastle United vs Arsenal	7.60%	7.92%
Tennis	ATP Paris	30/10/24	Popyrin, AvsMedvedev, D	6.86%	–
Cricket	ICC ODI Championship	31/10/24	West IndiesvsEngland	6.17%	9.52%

*We measured the margins at the beginning of the week for the weekend matches, so the values in the table are higher. The bookmaker’s average margin for the top football leagues is 5.8-6.5%.

Additional Options

Here, you will find all the features that make the betting process more engaging and convenient.

• Live streaming. The bookmaker broadcasts horse racing, tennis, basketball, snooker tournaments and other sports.
• Cash Out. The symbol will be displayed on the list of events or your bet slip (except for Horse Racing, where Cash Out is always available for UK and Irish Racing).
• Price Boosts. The most popular Price Boosts markets are displayed on the home page or in the sports sections you want to wager on.
• Bet Builder. It can include a maximum of five selections from a single match.
• Pick Your Punt. Go to a qualifying event and click on the #PickYourPunt tab to find all the available markets, or contact @Betfred on X.com and request the bet you’d like using #PickYourPunt. Note that such bets are not eligible for Cash Out.
• Radio commentary. It is always on air for football, horse racing, cricket, and other popular sports among British punters.

Deposits and Withdrawals

Players can deposit money using Visa, Mastercard, PayPal, Neteller or Skrill. These can also be used to withdraw cash, except for paysafecard. Betfred doesn’t charge Fee for transactions. The table below shows the minimum and maximum amounts you can deposit or withdraw and how long it will take.

Payment Method	Deposit Limits	Min-Max Withdrawal	Withdrawal Time
Visa / Mastercard	£5 – £9,999	£10 — £15,000	Within 4 hours
Skrill	£5 – £6,500	£5 – £6,500	Within 24 hrs
PayPal	£5 – £5,000	£10 — £15,000	Within 24 hrs
Neteller	£5 – £4,000	£5 – £4,000	Within 24 hrs
Instant bank payment	£5 – £9,999	£5 –  £15,000	within 6 hours
paysafecard	£5 – £250	Not available	–

*Betfred claims there is no minimum amount, but you must contact the representatives for withdrawals of less than £5. 

Betfred Customer Support

You can reach the support team at

• Online chat: 24/7
• Inside the UK: 0800 028 7747 (8 AM to 8 PM)
• Outside the UK: +44 (0)1925 878269 (8 AM to 8 PM)
• Email: support@betfred.com

Betfred App and Mobile Options

The app is available for Android and iOS devices to access from your smartphone or tablet. You can also use the Betfred app on your Apple Watch. It’s pretty stable, lets you tailor your main page and provides various navigation tools to help you quickly find the sports and markets you want.

The app includes classic and new popular sports features, such as #PickYourPunt Builder, Racing Post Data, Cash Out, In-Play betting and Betfred promotions such as Double Delight & Hat-Trick Heaven and Acca Insurance. Additionally, it has a shop locator to help you find Betfred shops near you. On the downside, some players have complained that there is only one button on the bottom panel for the betting section, and the small print in places can be hard to read.

Security and License

Betfred is a well-established bookmaker founded in the UK in 1967 by Fred Done. It is one of the largest bookmakers chains in the UK, with over 1,600 betting shops nationwide. In 2013, the company launched its own channel, Betfred TV, where you can follow the most critical races in the UK and Ireland.

The Gambling Commission in the UK licensed and regulated the platform under account number 39544. You can check this information in the footer of the main page.

The Betfred Group privacy policy explains how they collect, use and secure personal information and gives people rights over their personal information. The sportsbook is committed to protecting personal information and regularly updates its privacy policy to reflect any changes. They also perform annual PCI-DSS assessments and independent security audits to ensure continuous security and protect sensitive cardholder data.

Licence	UKGC №39544
IBAS	✅
Safe Gambling Tools	✅
SSL	✅

Responsible Gambling

The bookmaker takes responsible gambling quite seriously.  S.A.F.E. (Spend, Activity, Frequency, Emotion) is Betfred’s commitment to ensuring you play responsibly and enjoy your gaming experience.

The bookmaker offers the following betting control tools: deposit limits (which can be set for a 24-hour, 7-day or 30-day period), time-out from 24 hours to 6 weeks, reality check and self-exclusion from a minimum of 6 months to a maximum of 5 years. 

Our opinion

As you can see from our Betfred review, this reliable bookmaker does not spoil you with high odds but quickly pays out sums of up to £15,000 if you successfully pass the verification. It is more suited to advanced punters betting on traditional sports (football, horse and greyhound racing, tennis, cricket), where the main Betfred promotions are concentrated. Yes, beginners have a generous welcome bonus, but the site’s interface is clumsy and confusing. For example, we struggled with the In-Play section, which is convenient only for those with a large desktop screen.

Frequently Asked Questions