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Betfred Sportsbook Review and Promo Code May 2022

Betfred US

Betfred Sportsbook Review and Promo Code May 2022

21+ Terms Apply.

Sportsbook Status Live in CO, AZ
  • Legal and Licensed in USA
Betfred US

Betfred Sportsbook Review and Promo Code May 2022

Betfred Sportsbook Promo Code & Offers

Betfred Sportsbook offers new customers an appealing Risk-Free up to $500. It is a simple, attractive sign-up bonus, which is credited if your first wager loses, and comes with very lenient wagering requirements - no minimum odds and just a $10 minimum deposit.

You will then benefit from a strong selection of ongoing Betfred Sports promotions, including odds boosts, "Bet and Get" offers, prize draws and other fun promotions. Betfred is competing with established, ambitious rivals in states such as Colorado and Iowa, so it must work hard to stand out. It is therefore great to see the team investing in compelling bonuses for new and existing customers. Read on to learn more about the various Betfred sports offers you can claim, the wagering requirements that underpin them, how well they stack up against the competition as well as the top Betfred promotions available.

Best BetFred Sportsbook Promo Code

Betfred Sportsbook bills its welcome bonus as a Risk-Free up to $500 offer, which sums it up in a succinct fashion. Just make a minimum deposit of $10, place a bet on any sport with no minimum odds requirement and if you lose - Betfred will credit you back up to $500.

Free bet will be awarded within 24 hours and must be used within seven days (it cannot be withdrawn or redeemed for cash). Any winnings you earn will then be paid into your cash balance. They can be withdrawn or used for another wager.

Betfred Promo Code

🎁 Betfred Promo Code AZ Get Betfred Promo Code
🎁 Betfred Promo Code CO Get Betfred Promo Code
💲 Total Bonus Risk-Free Bet up to $500
💳 Minimum Deposit $10
🥇 Rollover 1x
📈 Minimum Odds None to claim Bonus, -200 for Free Bets
⏰ Offer expiration date No expiration date
🌎 Legal States AZ, CO
✅ Last Verified May 17 2022
⚽ Betfred Sports Offered Football, Basketball, Baseball, Hockey, Boxing, Golf, MMA, Motor Racing, Soccer, Table Tennis, Tennis

BetFred Sportsbook Promo Code by State

Betfred is an old-school British bookmaker set up by brothers Fred and Peter Done back in the 1960s. They started out with just one betting shop, but the estate grew to more than 1,600, turning Fred Done into a famous tycoon. The company created a US division, headquartered in Las Vegas, in 2019. It launched Betfred Sports in Colorado and Iowa in 2020, and it also has a presence in Pennsylvania, while there are retail Betfred sports betting operations in Nevada, Louisiana and Arizona. We should see Betfred expand into more states in future, as it is an ambitious company.

BetFred Promo Code Colorado

Betfred secured access to the Colorado sports betting market by agreeing a deal with Saratoga Casino in Black Hawk. It sponsors the Denver Broncos, and it has another partnership with the Colorado Rapids. Betfred offers reduced juice NFL lines, along with a lucrative Risk-Free Bet up to $500 which should help it seize market share from established Colorado sports betting rivals in the months and years ahead.

BetFred Promo Code Iowa

Betfred made its US debut in Colorado and Iowa on the same day in 2020. In the Hawkeye State, it has a market access deal in place with Elite Casino Resorts’ Grand Falls Casino Resort. There are no pro sports teams in Iowa, but it has sponsored the Sanford International PGA Tour event, held just over the border in South Dakota. Iowa sports bettors can claim a Risk-Free Bet up to $500 by signing up for a Betfred Sports account today.

BetFred Promo Code Pennsylvania

Betfred runs the Wind Creek online sportsbook in Pennsylvania as part of its deal with Wind Creek Casino in Bethlehem. You can enjoy Betfred Boosts at this online sportsbook, but the 100% matched first bet welcome bonus is not currently listed as an available offer for players in Pennsylvania.

BetFred Promo Code Arizona

Betfred has a deal with the Fort McDowell Yavapai Nation for Arizona sports betting, making it one of just 20 operators to gain market access. It has already launched retail sports betting kiosks in the state, and it should soon launch an online sportsbook, replete with an exciting Betfred Arizona promo code offer.

Betfred Sportsbook Review

Betfred provides great odds, large bonuses, high betting limits, and quick payouts, so it has great potential in the competitive US sports betting industry. It is firmly established as one of the most popular bookmakers in the UK, and it could eventually enjoy a similar status in the U.S. The reduced juice Betfred football betting lines should certainly help it attract new customers, and the sky’ss the limit if it can improve the wagering platform and add more betting options.

Betfred Sportsbook Promo Code

Betfred offers a generous Risk-Free Bet up to $500 welcome package to new users! All you have to do is make a bet on any sporting event after depositing at least $10 on your account and if your initial bet loses - Betfred will credit you back with up to $500.

Signing up With the Betfred Promo Code

Registering for a Betfred account is a simple process. Just follow these steps to create your Betfred Sports account today:

  • Click the link on this page to visit Betfredsports.com, choose your state, and then click on the green “Register” button at the top of the Betfred homepage.
  • You will then be presented with a one-page registration form. The first step requires you to enter personal details — name, gender, and date of birth.
  • You will then be asked for your address and mobile number.
  • Set up security questions and answers for an additional layer of protection. You also have the option to enter a Betfred promo code.
  • Accept the terms and conditions and click “Register."
  • You will need to upload scans of documents that prove your identity via a secure portal as part of the KYC anti-money laundering process. A driver’s license and utility bill should suffice. When your documents are approved, your Betfred betting journey can begin.

Betfred Sports Markets Offered

The top leagues that Betfred covers are featured on a menu to the left of the homepage: NFL, CFB, NBA, CBB, MLB, NHL, EPL, and so on. You can then add leagues and sports to a customizable “My Favorites” section, and the A-Z of sports follows. These are the sports that the US Betfred betting site covers:

  • Baseball
  • Boxing
  • Football
  • Golf
  • Ice Hockey
  • UFC
  • Motor Racing
  • Soccer
  • Table Tennis
  • Tennis

That is a small selection of sports, and it is certainly narrower than the sporting coverage that many of Betfred’s rivals offer in Colorado and Iowa. In the U.K., Betfred also offers betting on Australian Rules, cricket, cycling, darts, Gaelic football, hurling, rugby league, rugby union, and snooker, but it has opted for a far more streamlined approach in the United States. It also has betting on eSports, horse racing, greyhounds, politics, entertainment, and virtual sports, so it could easily add those sections in future if permitted.

Betfred does offer reasonably deep coverage of sports like basketball, hockey, and soccer. For example, you can bet on basketball games in Australia, China, and various European countries, while there are lots of soccer leagues featured. It has a reasonably strong live betting section too, but rival operators provide a lot more variety. You typically find just 15 betting options on an NBA game, 25 on a soccer game and 30 on an NFL game, whereas rivals offer hundreds of options on individual games.

Site Experience

The Betfred Sports website is clean and user-friendly. It runs on technology from Scientific Games. The Betfred Sports team has opted for a sober blue and gray color scheme, without any major visual flourishes. Some pages are a little slow to load, but on the whole, the site performs well. The search option is quick and responsive. The navigation system can be clunky at times, and some information does not appear when you click on a particular option, but you can solve the issue by refreshing the page. It also has a slick, intuitive bet slip.

Betting Interface: User-Friendly
Mobile Betting: Yes
Betting App: Apple, Android
Live Sports Betting: Yes
Live Sports Streaming Yes

Mobile App Experience

Mobile players can download a user-friendly Betfred app. Android users can find it on Google Play, while iOS users can head to the App Store. It takes a matter of seconds to download, and the mobile registration process is quick and efficient. The Betfred Sports mobile app has a 4/5 average user rating on the App Store and 3.9 on Google Play, which is strong. It is a little slow to load at times, but overall, it is a clean, reliable app for sports bettors.

Quality of the Odds

We are pleased to report that we found reduced juice lines on NFL sides and totals while conducting this Betfred review. Most sportsbooks offer odds of -110 on either side of an NFL betting line, but Betfred offers -105 on both sides. That means it charges just half the vigorish, or "vig," of the vast majority of its rivals, making it an extremely attractive prospect for football fans. It has standard juice lines on college football, NBA and college basketball. Across the board it has tight margins on moneylines and attractive odds on props and futures, so we were impressed by the quality of the odds on offer at Betfred Sports.

Notable Features

Betfred has all of the modern features that you would expect from a high-quality online sports betting operator. These are some of the top features to take advantage of:

Live Betting

There is a busy live betting section at Betfred, covering a wide array of sports. Betfred has deals to provide live streaming of a few sports, including basketball, soccer, tennis, and hockey. It offers fewer live betting options than some rivals, but the section is thorough and easy to navigate.

Cash Out

Betfred Sports customers can hit the “cash out” on open bets to earn a guaranteed profit before the sporting event has concluded. This option is perfect for bettors that fear the team or player they wagered on will struggle during the remainder of the event.

Same Game Parlays

There is not a specific same game parlay builder tool at Betfred Sports, but you can add multiple selections from the same game to the betslip, which then helps you easily compile same-game parlays. The cumulative odds offered are attractive.

Understanding Betting Options

Betfred provides fewer betting options than many of its competitors. We found up to 40 betting options on individual NFL games when writing up this review, and around 28 betting options on big soccer games, but the choice was narrower on other sports. It offers a few alternative lines, but there are more game props and player props at rival sites. Yet the ability to create same game parlays certainly broadens your options, and you can also place futures bets, parlays, round robins, and teasers.

Minimum Bet

You should be able to place bets from just $0.10 on certain sports at Betfred.

Maximum Bet

There is not a maximum bet amount, but your winnings are capped at $1 million on football, basketball, baseball, hockey and soccer. It goes down to $500,000 for golf, $200,000 for boxing, $150,000 for tennis, and $100,000 for NASCAR. Many competitors offer significantly lower maximum win limits, so Betfred should prove popular with high rollers.

Reduced Juice

Betfred offers reduced juice sides and totals on NFL games, which is very appealing.

Deposit & Withdrawal Methods at Betfred

You will have a broad array of deposit and withdrawal options to choose from at Betfred. It is a reliable, trustworthy bookmaker, with a very long history of paying customers out on time, so you never need to worry about receiving any winnings you earn.

Betfred Sportsbook Pros and Cons

Pros
Reduced juice lines on NFL games
Large welcome bonus and lots of ongoing promos
Reliable payouts
Phone line for customer support
Cons
Smaller selection of player props than some rivals
Customer service is not available 24/7

How Does Betfred Payout?

It may take the Betfred team a couple of days to approve your withdrawal request. Payout time then depends upon which of the Betfred payout options you select. Funds arrive instantly to your Play+ account, but they take several business days if you go for an e-check, while a check in the mail can take 10 days.

Betfred Customer Support

Betfred offers customer support via phone, live chat or email from 8 a.m. to 9 p.m. Monday to Thursday, and 8 a.m. to 11 p.m. Friday through Sunday. Several rivals offer 24/7 customer service, but very few offer a phone line, so that is a strength of Betfred. It does not have a particularly thorough FAQ section, which is a potential area for improvement.

Safety and Security

Betfred is a secure online sportsbook operator. It has been accepting online sports wagers for many years, and it has never had any issues in this regard. It uses the latest Verisign SSL encryption to protect customer details. You should just make sure you choose a robust password and do not share it with anyone.

Our Verdict of Betfred Sportsbook

Betfred is a fantastic option for NFL fans. It is extremely rare to find a sportsbook that offers reduced juice nickel lines on sides and totals, and you can win up to $1 million per NFL bet. You will also find competitive odds on basketball, baseball, hockey, and a few other sports, while the bonuses are fantastic. It is not perfect — the website has a few glitches, customer service is not available 24/7, and it would be great to have more sports and betting options available — but if you are looking for great value on the major sports leagues, Betfred makes an excellent choice.

Betfred Sportsbook FAQs

Is Betfred Sportsbook legit and legal?

Betfred is a legitimate online sportsbook. Entrepreneur Fred Done founded the company in the U.K. back in 1967 and built up a large estate of betting shops. It then added an online sportsbook and expanded into the United States.

What States can use Betfred?

The Betfred Sportsbook app and Betfred website initially launched in Colorado and Iowa. You can also use Betfred if you are based in Pennsylvania. It is actually called Wind Creek Sports - named after the casino that Betfred has partnered with in the Keystone State - but it is the Betfred Sports app and website, just with a different skin.

Can I bet for real money at Betfred online sportsbook?

You can certainly bet for real money at the Betfred Sportsbook. Read our review of the Betfred website for more details of the deposits and withdrawals Betfred offers, and the payout speeds you can expect after requesting a Betfred cash out.

Does Betfred match deposits for new customers?

Betfred USA offers a very competitive Risk-Free up to $500 welcome offer. Check out our Betfred Sports review for more details of the welcome offer at US Betfred.

How do I deposit money into my Betfred account?

Betfred Sports accepts deposits via Visa, MasterCard, a VIP Preferred e-check, a bank transfer, Play+, PayNearMe, or cash at one of its retail sportsbooks. The minimum deposit is $10 and the funds should arrive instantly in your Betfred Sports mobile app or Betfred betting website account.

How long do withdrawals take at Betfred?

It may take the Betfred Sports team a couple of days to process and approve your Betfred withdrawal request. Withdrawal times then vary depending upon the method you choose. The funds will arrive instantly via Play+, whereas an e-check or bank transfer can take up to five days, and a check by mail can take a lot longer.

How does Betfred sportsbook payout?

You will have a variety of Betfred Sportsbook withdrawal methods to choose from. You can opt for a Play+ withdrawal, an e-check via VIP Preferred, cash at a retail sportsbook, or a check by mail.

Does Betfred offer cash out?

Yes, you can cash out open wagers before the game has finished when using the Betfred app or the bet Betfred website. This allows you to lock in a guaranteed profit at Betfred U.S. if you fear your team will crumble during the remainder of the game.

What sports are available to bet at Betfred?

Betfred online betting is available on baseball, basketball, boxing, football, golf, ice hockey, MMA, motor racing, soccer, table tennis, and tennis. In the UK, Betfred also covers Australian Rules, cricket, cycling, darts, esports, Gaelic football, hurling, rugby league, rugby union, and snooker - plus horse racing, greyhounds, politics, entertainment, and virtual sports - but it has gone for a more streamlined site in the US.

Does Betfred have an app?

Yes, you can download a Betfred app via the App Store or Google Play. Check out our Betfred Sportsbook app review to see how it stacks up against the competition.

How can I contact the Betfred support team?

You can call, send a text, email or use live chat to speak to the Betfred customer service team. The department is open from 8 a.m. to 9 p.m. Monday to Thursday and 8 a.m. to 11 p.m. Friday to Sunday.

About the Author

Martin Green for Bookies.com
Martin Green
Martin Green spent five years working at William Hill before becoming a journalist in 2009. He began working as a sports writer and professional tipster in 2014.