Betfred Sportsbook Review 2024

Central to Betfred’s services are the bonuses and promotions for new and existing players. I’m not usually one to laud a sportsbook’s promotional content, but Betfred makes it difficult to refrain from complimenting its range of deals. See more on the site’s sportsbook promotions below.

$105 on Fred First Bet Bonus

Often short on tangible rewards, bonus bet offers should be taken with a pinch of salt. Betfred acknowledges this fact and is determined to make bonus bets exciting again – distributing a Betfred promo $105 free bet for all new bettors who lose the first time around. 

Minimum qualifying bets open at $20 while maximum wagers cap at $105, as the promotion’s title suggests, and you’re also limited to a minimum odds requirement of -200 or longer. Bonus bets cannot be withdrawn for cash and expire one week after being granted – so make sure to play your free bet within seven days of earning it. 

10th Bet on Betfred

NFL, NBA, soccer, and hockey fans rejoice – Betfred has an offer specially catered for you. With the ‘10th Bet on Betfred’ deal, the sportsbook hands out one free bet to all punters who wager on a specific sporting event nine times.

I say “sporting event” because this promotion is incredibly careful with its details. Essentially, you must bet at least $5 on the same event across eligible markets. Betfred will pay for your 10th punt up to $10, bringing the minimum total value of bets within this deal to $55. The value of the free bet is determined by the smallest of your nine wagers, with Betfred offering a 100% match in the form of a so-called “Fred Bet”.

Nitty-gritty terms and conditions are similar to those seen within the welcome bonus: minimum odds of -200, free bets can’t be withdrawn, and the bet must be wagered within seven days. 

Loyalty

Two elite packages form Betfred’s rewards programs: Betfred Rewards and the Betfred VIP Program. The former is yet to launch, while the latter is open by invitation only. Those invited to become a Betfred VIP earn unique promotions, event tickets, golf trips, and other lucrative prizes. 

Betfred Rewards is more of a traditional loyalty program with a tiered component. When it launches, expect to earn points and climb tiers to attain better rewards. 

How to Register an Account at Betfred

Betfred’s streamlined sign-up process means you can open an account in minutes. To get started, click the ‘Register’ icon in the top right-hand corner of the screen. Enter personal information — your name, date of birth, and the final four digits of your social security number — on the next page. 

Now, input an email address, mobile number, and password. Remember to create a password you won’t use anywhere else for an extra layer of security. You’re now halfway through the process.

Betfred requires a home address, including your house number or name, city, state, and zip code. Move to the following page and check all three boxes to adhere to Betfred’s usage rules. A bonus code box sits at the top of this screen – so fill in the field if you acquire a promo code. If not, simply leave this area blank. 

Select ‘Register Now’ to create your Betfred account. Once set up, you’re free to indulge in all the markets, promotions, and specials on the site. 

The online betting landscape is more accessible today than ever before, largely thanks to the introduction of new payment methods. Unfortunately, Betfred lags behind competitors in this regard. Let’s take a look at the site’s limited deposit and withdrawal options.

Deposit Options

Play+ prepaid cards, ACH eChecks, and PayNearMe fashion Betfred’s list of deposit methods, leaving much to be desired. On a positive note, minimum deposits start from just $10, providing a great deal of wiggle room for bettors on tight budgets. High-rollers will be equally pleased, as Betfred opts against enforcing a maximum deposit cap. In a similar move, the sports betting site refrains from imposing fees on transactions.

The operator’s instant deposit feature makes it easy to grab great odds before they’re gone, too.

How to make a Deposit at Betfred

1. Visit Betfred’s cashier while logged in.
2. Choose which payment method you’d like to use.
3. Enter the amount of money you want to deposit.
4. Confirm your deposit. 
5. Funds should arrive in your account wallet immediately.

Withdrawal Options

Betfred is similarly short on withdrawal options, supporting three methods. On top of the already mentioned Play+ and ACH eCheck, a new addition enters the fold in the form of bank transfers. 

Not only does Betfred struggle to compete in terms of its volume of withdrawal methods, but the sportsbook is beaten by competitors’ withdrawal processing times, too. At 2 to 6 days for outward transactions, Betfred customers must be among the most patient in the industry. That said, I’m pleased the sportsbook’s minimum withdrawal limit stands at just $10. 

Its low minimum limits mean you can join Betfred, deposit $10+, and withdraw funds whenever you like. That’s something you won’t get at a lot of sportsbooks.

How to make a Withdrawal at Betfred

1. Log in to Betfred and visit the cashier.
2. Open the withdrawals area.
3. Enter the amount of money to withdraw and pick a payment method.
4. Confirm your withdrawal.
5. Wait 2 to 6 days for funds to arrive in your bank account.

How to Build a Bet at Betfred

Betfred’s bet builder feature complements other bet types — like parlays and teasers — by giving bettors full control. Rather than following strict predetermined rules, you’re the ruler of bet builder selections. What you pick, goes. That’s true for all sorts of sports, including soccer, football, basketball, and hockey. Before diving into the intricacies of this feature, it’s important to note that every bet within your selection must win to see returns on your punt. 

Here’s how to build bets on two popular sports at Betfred.

How to build an NFL bet on Betfred

The NFL is America’s biggest sport, hence Betfred’s dedication to detailed markets. Sporting options like rushing props, quarterback props, touchdown markets, team props, and totals — among others — you can mix and match picks to create NFL bet builders. You may recognize this feature as “same game parlays” on other sports betting sites.

Select the game you want to bet on, then click the Parlay+ icon. Pick multiple outcomes across multiple markets to add them to your selection, then get your price by clicking the green “BLDR” button. Betfred’s bet builder function is listed in the top-right-hand corner of the slip – with its system automatically capable of recognizing when you’ve created a bet builder.

Enter the amount of money you want to bet on your bet builder in the ‘To Wager’ field at the bottom of your betslip. Confirm the punt by clicking ‘Place Bet’, then await the game’s outcome.

How to Build a Soccer bet on Betfred

As Betfred’s bread and butter, soccer markets get five-star treatment from the sportsbook. You can create a soccer-based bet builder — also known as Parlay+ — by selecting a fixture and clicking Betfred’s Parlay+ button. This places significant freedom in the palms of bettors by loosening the sportsbook’s hold over what can be wagered simultaneously. 

Add bets to your bet builder selection by clicking on various possible in-game events, with goals, match result, totals, correct score, and several other options on the table. View your betslip when you’re happy with the bet builder and enter a stake in the ‘To Wager’ box. You’ll know whether your picks come good by the end of the game in question.

Betfred’s US sportsbook offers a limited number of sports options, with 11 in total – less than half of what’s available on the UK platform. While the figures here are demonstrably disappointing, I’m pleased that much of the nation’s popular sports get a look-in. Added to that is the depth of betting markets prevailing over virtually every event, including niche picks. If you’re stuck on what to bet on, visit Betfred’s ‘Popular’ and ‘A-Z Sports’ tabs to see what’s hot and skim through the site’s latest offerings.

Available Sports at Betfred

All the big hitters appear on Betfred, namely: soccer, NFL, NHL, NBA, MLB, UFC, motor racing, golf, boxing, and tennis. One of the more fascinating inclusions is bull riding — a rare sight at online sportsbooks — where Betfred publishes odds on tournaments. 

Supplementing these sports are a handful of futures and boosts markets. The site publishes special odds for select markets daily and supplies futures for tennis and soccer events, ever-so-slightly fuelling the dimly-lit fire that is Betfred’s betting market shortlist. These markets being posted alongside fully-fledged sports makes it seem as though more sports sit among Betfred’s roster — the sportsbook includes soccer and tennis futures, as well as Betfred Boosts, in its A-Z sports list — but the reality is that they merely support proper sports. 

Darts, rugby, cycling, and cricket are notable absentees from the sportsbook’s market list. Their missing is contextual and explainable given the operator’s new emergence in the US, so I expect a resolution for this relatively minor issue soon. 

Live Sports Betting

Live sports betting fits under the ‘In-Play Betting’ tab on Betfred. You’ll find the section second from the top within the sportsbook’s first side menu, beneath ‘Sports Home’ and above ‘Betfred Boosts’. 

In-play betting at Betfred is more than just being presented with an outline of ongoing events and taking prices. Add matchups to ‘My Pinned Events’ to refer back to your favorite games, stick with ‘Show All’ to catch the latest live affairs, or use the tab’s filter to only see the sports you want. 

Betfred marks live events with a small red beacon. Click on the event to view statistics, a virtual representation of current events, and a live ticker detailing relevant information. For example, live soccer games are broken down into yellow cards, corners, penalties, shots, attacks, possession, and more. 

Add an in-play selection to your betslip by clicking on the price under each outcome. Odds refresh regularly, so speed is key here. Moreover, you’ll need to keep an eye out for temporarily restricted markets as Betfred updates its current prices in accordance with the action. Plus, any bet with two arrows — blue and white — is eligible for cashing out. Use this feature to settle live bets before the natural conclusion of the event.

All in all, Betfred’s live betting service serves its purpose. Although it’s not the most fleshed-out feature, I’m impressed by the sheer attention to statistical detail – even for the most obscure live events.

A downloadable iOS and Android Betfred app is available in six of the 10 states — Arizona, Maryland, Ohio, Iowa, Virginia, and Colorado — where the sportsbook operates. The remaining four locations — Washington, Pennsylvania, Louisiana, and Nevada — have yet to launch dedicated Betfred mobile services. Supporting smartphones and tablets has been key to attracting bettors, with Betfred keen on placing a down a marker on US soil. 

The app itself is clean, responsive, and serves its purpose perfectly. Popular sports reside at the top of the screen, while a parallel menu at the bottom of the sportsbook comprises A-Z sports, your betslip, live betting, trending wagers, and a home button. It’s all very tidy.

All the top desktop features receive mobile optimization, including cash out, promotions, bet boosts, in-play betting, parlays, and more. Payments couldn’t be much easier, either, as Betfred processes deposits and withdrawals via the app as well as its PC product. Think of Betfred’s app as the same product offered to desktop bettors, just on a smaller scale. It’s free on your respective app store – so install it to check it out for yourself. 

Operating in 10 states across the US — Maryland, Ohio, Iowa, Louisiana, Arizona, Virginia, Pennsylvania, Washington, Colorado, and Nevada — Betfred provides sports betting to millions of American punters. 

Partnerships with establishments such as The Paragon Casino Resort, Mohegan Casino, Wind Creek Bethlehem Sportsbook, and Silver Reef Casino Resort have allowed Betfred to enter the fray for retail betting in Louisiana, Nevada, Pennsylvania, and Washington respectively, but these states are yet to introduce Betfred’s internet-focused betting platform. Pennsylvania’s Wind Creek Bethlehem sportsbook app and website are powered by Betfred, but its services and theme center around the resort. 

The sportsbook’s US journey took flight in 2020, penning deals to launch in Colorado and Iowa. 

Support agents are on hand from 10am to 11pm Monday to Thursday, and 10am to 1am Friday to Sunday. Email, telephone, and live chat options are available – and Betfred’s contact addresses vary depending on your state. 

Betfred’s email address for customer queries is support [state abbreviation]@betfred. For users in Virginia, insert ‘VA’. Pennsylvania bettors should enter ‘PA’, players in Arizona must use ‘AZ’, and so on. The same rule applies to the sportsbook’s telephone number – please refer to the operator’s help page for the designated number in your area. 

Contacting live chat agents is a more streamlined process. Open the help page, select ‘Click to Chat’, and wait for an agent to become available. I’m happy with all three contact methods, but the site’s live chat option wins out when it comes to speed. 

Conclusion

Betfred is developed for the casual bettor, one who follows popular sports and rarely dares to bat an eyelid at niche markets. Its interface leaves little to the imagination – every nook and cranny shows its face from the moment the platform loads. 

Yet there’s an appeal to all of it. Between Betfred’s helpful copy-pasted offers for soccer, football, and basketball, its daily boosts, live betting, bet builders, and the incoming rewards program, much excitement surrounds the sportsbook. Backing every new feature and promotion is purpose – a quality that’s guided the operator to success in its short time within the US.

My main conclusion is this: Betfred sits in a unique position. It operates in too few states to truly compete with BetMGM, FanDuel, or DraftKings, but the sportsbook offers a fantastic alternative for bettors frustrated with other sports betting sites. Betfred is the virile new kid on the block, yet also the watchful elderly lady at the window. There’s nothing quite like it right now – and that’s why I view Betfred as one of the most intriguing sportsbooks to hit the US. 

Sign up for a bonus bet worth up to $105 to play at Betfred’s sportsbook before it hits mainstream audiences. 

Frequently Asked Questions