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Betfred Iowa Promo Codes & Review

Betfred is another new name entering the American market and the first state they are live in is Iowa. Based in the North West of England, they are extremely respected over in the UK and have stores all over the country along with a strong online presence.

They open with a two-step welcome bonus. First of all just for signing up to an account - you will get a $40 free bet. Completely free. Yes just for setting up an account and before you deposit any funds they will give you $40 to bet with. So if you are unsure about gambling and want to dip your toe in the water without putting any of your own money in - this is a great way to do that.

After you’ve done that then they will match your first bet up to $500. So if you place a $10 bet then you’ll receive $10 in your promo balance after the bet is settled. If your first bet is $500 then you’ll receive $500 in your promo balance to use as free bets.

The company also offers daily odds boosts across a variety of markets so they keep you interested in returning every day to take advantage of all those offers. However they currently do not have a loyalty program to give regular customers extra boosts or free bets due to their heavy usage on the site.

Rules in Iowa dictate that non-sports bets are not allowed but you can bet on college sports albeit Player Props are not allowed. 


  • Easy to navigate and use
  • Competitive odds
  • Wide variety of Customer Service options available


  • Lack of Player Prop options compared to other Sportsbooks
  • No Loyalty Program


Betfred Sports deposits in Iowa can be made using Visa, Mastercard, Play+ Card, Instant Bank Transfer, Skrill, Play+ Card, and at the Casino Cage at the Grand Falls Casino in Iowa.

All of those methods are also available to withdraw funds apart from Visa/Mastercard but you can also in addition request a check by mail.


Initially, no betting app was available in Iowa but in recent months it has launched and I found no issues with using it.


No issues here whatsoever with the Instant Bank Transfer being our preferred method. PayPal would be nice though.


Like many of their European counterparts, Betfred is extremely well trusted when it comes to safety and security. Those years of experience over in other territories make their security top notch.


Customer service is available via a text number, phone number, and email.


I had no issues with Betfred. Both their app (available on iOS and Android) along with the browser version of the website are seamless.


The initial promos are good and whilst they don’t as yet offer great loyalty offers, they are a respected, easy to use Sportsbook which would be good for most bettors