Betfred Review

They are offering all new online customers from UK (including Northern Ireland) a free bet of up to £30!

All you need to do is open an account, stake £10 on your first bet, and they will credit your account with a free bet of £30. BetFred free bet will be available in your account within 48 hours of your first bet being settled.

Note that the free bets must be placed at odds of evens (@2.00) or greater and that you have 30 days to use them on Sports, Virtual, Lotto or Mobile. Just select ‘Place using free balance’ on the bet slip.

  • Cashout times: Very Fast (1-8 hours)
  • US Customers accepted: No
  • Customer support: Very good
  • Casino: Available (Playtech Software)
  • Poker: Yes
  • Games: Yes

One of world’s largest independent bookmaker and UK’s biggest high street retailer with 1350 shops. The company is owned by Fred Done who started with just one shop in Salford in 1967, and operated by Petfre (Gibraltar) Limited.

They recently acquired Tote for £265 million and the company has been awarded an exclusive seven year license to operate pools betting on UK racecourses. The company differentiated itself by offering excellent customer value and excellent service. These principles are still at the heart of the business and that’s why is called the Bonus King. No other high street bookmaker offers daily bonuses and price boosts like them.

Customer support

BetFred offers 24/7/365 live chat customer support in English language, as well as e-mail support and phone. They reply at most cases almost immediately, so you can be sure that you will get a good treatment from them. There is also a FAQ section providing some of their top areas of inquiries. There is four channels of support available, accounts, technical, free bets and general support.

Payment options, deposit and withdrawal methods

They accept all currencies. For any transaction which requires a currency exchange, the applicable exchange rate will be the mid-rate as quoted by the Financial Times.

You can deposit or withdraw with any of the following methods: All credit and debit cards (Visa, Mastercard, Maestro, Electron, Switch, Solo, Visa Delta or Laser), Skrill (Moneybookers), PayPal, Neteller, Ukash, Cheque, Bankers draft and Bank Wire. Minimum deposit amounts for cards are £5.00 for UK (€7.20 for Europe), and for e-wallets £5.00 (€10.00 for Europe).

They will not charge you for depositing funds with your debit or credit card, but please be aware that some credit card issuers may charge you a fee for using the card for gaming purposes. They allow one free deposit per day made using, Neteller and Moneybookers. All additional transactions less than £170/€300/$300 may be subject to a 2.9% charge.

Due to Card Scheme Rules and Anti Money Laundering Regulations wherever possible withdrawals will be paid back to the deposing method, if this is not possible they reserve the right to request additional documents. When you make a deposit or withdrawal with them, your transactions will show on your bank statement. These transactions will either show as Betfred or Petfre.

All withdrawals are processed very quickly. Especially all e-wallets (Skrill, Neteller etc) withdrawals are really fast, with an average time of three hours.

Betting coverage, In-play and odds margins

They offer Asian handicap odds. Their football offers are targeted for UK customers, but they offer all European leagues, although some lower divisions are missing. They also offer Darts, Snooker and Horses, and most of the major sports and events, so there is no doubt that they offer almost everything.

Their odds are meeting everyone’s expectations, and we can say that are really above average. The profit margins in football are very good (4.3%), while the overall profit margin on all sports is 4.9% in average, a really low profit margin that results to very high odds for the player.

Large betting offer, cash-out feature, special bets, and that the odds in an even match are 1.91 – 1.91 are some of their strong points. Main disadvantages are that they are focused mainly on UK players, and that they offer only NHL from the ice hockey area. Their in-play console is powered by Betstream, so we can say that they offer a good in-play experience. Live streaming is now available, but you must have at least one pending bet in order to watch.

They recently updated their live betting console, featuring enhanced graphics, fresh features and more markets. The new-look In Play feature is superior in every way and they now have a fully detailed score centre with comprehensive stats on all live in-running football games. You can set aside your preferred markets and choose how you want to present them on the page using an interactive Favourites tool, along with updated media icons and much more.

Mobile betting

Get on anytime, anywhere at Betfred Mobile betting and enjoy their brand new and improved sportsbook. Their new sportsbook boasts a host of excellent features, including an enhanced in-play product, improved navigation, live events and betting highlights. They developed their sportsbook 100% in-house and they have tailored it to meet the needs of their customers, ensuring the best possible experience for the player.

Their brand new mobile sportsbook comes hot on the heels of the recent launches of their live mobile casino and bingo products. Even better, all of the above are available through one simple log-in via your iPhone or Android.

Conclusion about BetFred Sportsbook

With a turnover of 2 billions, a UK license, and over 7000 employees, what else can you expect. They are a very popular Sportsbook and they have a great reputation for fair and fast payouts. So we rate them with a high point, a top notch bookie where you should have an account. Thanks for reading this BetFred review.