Betfred Sportsbook Review

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26 min read
Betfred Sportsbook

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AZ
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MD
NV
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Our Betfred Sportsbook review aims to offer a clear and impartial look at the platform’s features. Betfred is only accessible to individuals 21 years or older and restricted to states where it holds a license, currently including Iowa, Pennsylvania, Washington, and Nevada. Remember to approach gambling responsibly—set boundaries, keep it enjoyable, and reach out for help if needed.

Author
Nick Ashbourne
Nick Ashbourne
Senior Writer
Last Updated: Nov 4, 2024, 12:35 PM

Struggling with Gambling Addiction? Support is Available.

If you or someone you know is battling gambling addiction, contact the National Council on Problem Gambling (NCPG) or Gamblers Anonymous. For immediate support call 1-800-GAMBLER.

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Betfred Pros and Cons

Pros
Cons

What Users Say About Their Overall Experience

17
Reviews
Updated Nov 25, 2024, 9:52 PM
37%
Positive
21%
Mixed
42%
Negative
AI
User Reviews Analysis

The reviews for the sports betting app reveal a mixed overall experience for users. While there are notable strengths, particularly in the area of bonuses and customer service, significant issues impact user satisfaction.

Pros

  • Users highly praise the app for its generous welcome bonuses and regular promotions, enhancing their overall experience.
  • The customer service is recognized for being prompt and helpful, particularly in assisting users with promotions and issues.
  • Many users appreciate the ease of navigation and user-friendly design, which makes it simple to place bets.

Cons

  • The functionality and user experience are inconsistent, with complaints about the geolocation feature, frequent app crashes, and difficulties with live betting.
  • Users report a largely negative cashiering experience, citing slow payout speeds and complications during the cash-out process.
  • Some criticisms also focus on the app’s design and navigation, indicating that there may be room for improvement.

Areas for Improvement

  • Addressing the geolocation feature's accuracy and reliability could prevent issues that hinder users from placing bets.
  • Improving the app's overall performance, particularly reducing crashes and freezes, is essential for enhancing the user experience.
  • Streamlining the cashiering process and speeding up payout times would likely boost user satisfaction and trust in the app.

Betfred Quick Facts

Founded1967
HeadquartersWarrington, UK
Welcome Offer$105 Second-Chance Bet
Min. Deposit$10
Betting AppiOS & Android
DesktopLimited
Withdrawal Time~1-7 days
Online Since2004
Payment MethodsCredit/Debit Cards, ACH, PayPal, Play+ & VIP Preferred
SupportLive Chat, Email, Phone
Leagues20+ MLB, NFL, NBA, NHL, etc.
AvailabilityIA, PA, WA, NV

Betfred Sportsbook Review - Overview

Betfred is a well-established sportsbook that began as a single betting shop in the United Kingdom back in 1967. It's grown to become a multi-billion dollar player in the betting industry that includes retail locations and an online sports betting presence.

Although Betfred is arguably best known for having more than 1,350 betting shops, it has been in the online sports betting market since 2004. In the US, Betfred Sportsbook has made the decision to decrease its reach and has ceased operations in a number of the states it was operational in. As of October 17th, 2024, Betfred has left Arizona, Colorado, Louisiana, Maryland, Ohio, and Virginia. 

Betfred Bonuses

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Betfred 2nd Chance Bet up to $105

Betfred Sportsbook
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Bonus Review

Betfred Sportsbook Bonuses & Promo Code

During the Betfred sportsbook signup process, the user is prompted to provide a promo code if they have one. 

What precisely that Betfred bonus code is could vary based on the location of the new Betfred user and where they sign up — but it is something worth investigating for anyone looking to get started with the Betfred sportsbook.
All bonuses come with wagering requirements and their own set of terms and conditions which should be clear to the consumer prior to opting in.  

Betfred Welcome Bonus

That means that a new user can make a wager (in this case up to $105) and if that bet cashes they keep the winnings, and if it loses they will receive a bonus bet matching their deposit credit.

That bonus bet credit comes in the form of a single 'Fred Bet' for the value of the initial wager. In order to receive this welcome bonus new users have to place their first bet on a market with a odds of -200 or longer.

Betfred's offer is simpler than many other welcome bonuses because it applies to a maximum of two wagers and doesn't required a Betfred promo code or have a playthrough requirement of any kind.

Betfred Loyalty Program

Betfred sportsbook has a loyalty program that customers become eligible for if they consistently place bets over time.

Betfred tracks how often a user makes bets regardless of whether they win or lose and active accounts are flagged internally for eligibility for the sportsbook's loyalty program. Their system is particularly sensitive to users who make wagers on a daily basis.

It is also possible to email Betfred sportsbook directly about the possibility of joining its loyalty program once you have an account, but eligibility is awarded based on a bettor's wagering history, so it might not be possible to enroll soon after sign up.

Loyalty programs like Betfred's could be an issue for those with problematic gambling tendencies as it incentivizes the type of consistent betting that could lead to damaging habits.

Bonuses User Reviews

17
Reviews
Updated Nov 25, 2024, 9:52 PM
100%
Positive
0%
Mixed
0%
Negative
AI
User Reviews Analysis

The reviews for the sports betting app indicate that users have had a very positive experience with its bonuses and promotions. Many users appreciate the generous welcome bonuses, regular promotions, and the quality of customer service.

Pros

  • Users express high satisfaction with the generous welcome bonuses and regular promotions available on the app.
  • The customer service is praised for being prompt and helpful, particularly in assisting users with free bet opportunities.
  • The app's user-friendly design and the variety of sports available for wagering enhance the overall betting experience.

Cons

  • Some users may find the terms and conditions of the bonuses unclear, which can lead to confusion.
  • A few users could experience minor issues when trying to claim promotions, indicating potential room for improvement.
  • While the app is easy to use, some users may still desire additional features to enhance their experience further.

Areas for Improvement

  • Improving the clarity of the terms and conditions related to bonuses and promotions could help users understand their benefits better.
  • Expanding the variety of promotions might keep the user base engaged and attract new users.
  • Ongoing feedback collection from users regarding the promotions could lead to more tailored and appealing offers in the future.

Sports Betting at Betfred

Betfred has been in the sports betting business for a long time as both a retail sportsbook and a place for online sports betting.

By setting up an account, new Betfred customers gain access to a number of betting markets whether they are using the Betfred app or engaging on desktop. Below is summary of how to sign up, the basic betting options available, and the deposit methods Betfred offers.

How to Sign Up with Betfred

Opening an account with Betfred requires the completion of four steps. To sign up, you need to do the following:

  1. Provide your name, date of birth and final four digits of your SIN number
  2. Enter your email address, phone number, and a password for your new Betfred account
  3. Put in your address, ZIP code, city and state.
  4. Add a Betfred bonus code if you have one, confirm your age, and agree to the terms and conditions.

Once these steps have been completed, a new customer will be able to deposit money in their Betfred sportsbook account and begin making wagers.

Betfred Sports Betting Apps Review

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The Betfred mobile apps provide an experience that users have had a mixed experience with. On one hand, the interface is solid and easy to navigate and bettors are able to access customer support directly from the app to help them deal with any issues they encounter.

However, there are a number of complaints that Betfred users with the mobile apps. One issue appears to be slow loading times, which can be particularly frustrating for live bettors. Customers have also reported difficulty with unexpected logouts.

Before downloading the Betfred app it would be advisable to examine the latest reviews online. Below you'll find a summary of user reviews with a brief analysis of the most issues users have with the app — as well as what they like most about it.

Where to Download the Betfred Betting App?

The Betfred mobile betting app is available on the AppStore and Google Play.

For the Betfred Apple app - ##buttons#1

For the Betfred Android app - ##buttons#2

What Real Users Say About the Betting App Experience

17
Reviews
Updated Nov 25, 2024, 9:52 PM
33%
Positive
9%
Mixed
58%
Negative
AI
User Reviews Analysis

The sports betting app has received mixed reviews, with users praising its navigation and customer service while criticizing its geolocation and performance issues. The app's sign-up bonuses are appreciated, but frequent crashes, slow payouts, and problematic live betting features significantly impact the user experience.

Pros:

  • Easy navigation for most users
  • Friendly and helpful customer service
  • Attractive sign-up bonuses

Cons:

  • Unreliable geolocation feature preventing bet placement
  • Frequent app freezes and crashes
  • Difficult live betting experience with unexpected line closures

Areas for Improvement:

  • Enhance app stability to reduce freezes and crashes
  • Optimize geolocation feature for accurate user location detection
  • Streamline the payout process for faster withdrawals

Sports & Leagues at Betfred

Football
NFL
NFL
Available
Basketball
NBA
NBA
Available
Baseball
MLB
Major League Baseball
Available
Hockey
NHL
NHL
Available
Soccer
UEFA
UEFA
Available
Soccer
UCL
UEFA Champions League
Available
Soccer
UEL
Europa League
Available
Football
CFL
CFL
Available
Football
NCAAF
NCAAF Football
Available
Cycling
cycling
Cycling
Available
Basketball
NCAAB
NCAA Basketball
Available

Online Sports Betting Markets at Betfred

Betfred sportsbook caters to most of the popular leagues that appeal to most users interested in online sports betting with the betting types they've come to expect. 

Like many other online sportsbooks, Betfred allows customers to place bets on futures, individual games, prop bets, and live events.

Additionally, Betfred live betting is made easier by a dedicated tab that keeps bettors abreast of all the action currently taking place. Here's a summary of the markets Betfred offers:

Bet TypeBetfred Offers
Moneyline
Point Spread
Over/Under (Totals)
Props (team/player/score)
Futures
Parlays
Teasers
Live In-Play Betting
Asian Handicap
Exacta/Trifecta/Quinella/Superfecta
Half-time/Full-time 
Outrights
Accumulators
Period Betting

Sports Leagues to Bet On at Betfred

Betfred's online sportsbook list 17 different sport types to bet in, with some including a variety of leagues and levels. One of the sports listed in their A-Z directory is 'Alternate Sports' which includes bare-knuckle boxing, skateboarding, and surfing.

There deepest individual sport to bet on is soccer, which includes leagues from 38 different countries. Betfred provides options to bet on the major sports leagues most likely to be of interest to the average American bettor, but their offerings are not as expansive as some other top sportsbooks.

Those with niche interests would be well served to browse their A-Z sports menu before diving in.

Bet Types Available at Betfred

Betfred allows users to make all manner of sports bets, including moneylines, point spreads, over/unders, player props, and in-play betting markets.

The Betfred online sportsbook also provides a number of parlay possibilities, including pre-packaged specials, same-game parlays, and cross-sport parlays. Experienced sports bettors will find the type of betting options they are accustomed to with Betfred.

In-Play Betting at Betfred

Betfred users can find live betting markets on the 'in-play' tab on the book's homepage. Using this tool bettors can find out what is going on at any particular moment and access whether there are available markets that appeal to them.

This page on the website also includes an automatic featured that puts the user's active bets in a tab entitled 'My pinned events' making them easier to track. Bettors that prioritize in-play betting are likely to be satisfied with Betfred sportsbook's offerings.

What Users Say About Betfred's Markets

17
Reviews
Updated Nov 26, 2024, 12:30 PM
0%
Positive
0%
Mixed
0%
Negative
AI
User Reviews Analysis

Due to the limited availability of user reviews for this particular sportsbook, we were unable to conduct a comprehensive analysis of user sentiment. Without sufficient data, we cannot accurately assess the overall user experience or provide a detailed review at this time. We recommend checking back later when more user feedback becomes available.

Betfred Sportsbook Odds and Lines

Betfred's odds and lines can be easily found on the landing page of the sportsbook or within the mobile betting app.

It's wise to compare the available odds to other sportsbooks. The current industry standard for vig — or the house's edge — ranges between 3.66% and 4.61% depending on the bet type.

Betfred features competitive odds than can be as low as 3.18%, but there are also instances of vig topping 5%, meaning that bettors are best served evaluating lines on a case-by-case basis.

Here are some examples of Betfred sportsbook's lines compared to some of its direct competitors to give you a sense of whether it features competitive odds:

Event/MatchBetfred OddsDraftKings OddsFanDuel OddsBet365 Odds
Rockies vs. Athletics Moneyline+100
 -115
-105 
-115 
 -104
 -112
 +100
 -120
Oilers vs. Stars
Moneyline
+105
 -130
+110
-130
+105
 -126
 +110
-130
Pacers vs. Celtics Moneyline+285
 -385
+310
-395
+280
 -385
+290
-370

What Users Say About Betfred's Odds

17
Reviews
Updated Nov 26, 2024, 12:29 PM
0%
Positive
0%
Mixed
0%
Negative
AI
User Reviews Analysis

Due to the limited availability of user reviews for this particular sportsbook, we were unable to conduct a comprehensive analysis of user sentiment. Without sufficient data, we cannot accurately assess the overall user experience or provide a detailed review at this time. We recommend checking back later when more user feedback becomes available.

Betfred Withdrawal and Deposit Methods

Betfred will allow users to make deposits and withdrawals using a variety of different methods. These ways to transfer funds include debit cards, credit cards, ACH, PayPal and VIP Preferred.

Some other sportsbooks will take deposits in many different ways, but only allow users to withdraw from a small pool of options. With Betfred sportsbook, every payment method is a two-way street.

How Long Does It Take To Withdraw Funds From Betfred Sportsbook?

When it comes to withdrawals, Betfred is not alone in having times vary depending on the banking methods being used by its customers. Withdrawal times can be compounded as both the sportsbook and that payment method can both individually add to the time between a withdraw request and a user getting their funds.

It's also noteworthy that current reviews at the App store and Google Play store include some complaints from users over slow withdrawals. 

This is an issue that bettors comment on with a number of sportsbooks, but it could be worth investigating for those looking to set up a new account with Betfred — particularly if they are likely to use the same withdrawal methods that are being mentioned in user reviews. 

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Name
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Withdraw
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What Users Say About Betfred's Banking Options

17
Reviews
Updated Nov 25, 2024, 9:52 PM
0%
Positive
17%
Mixed
83%
Negative
AI
User Reviews Analysis

The sports betting app's cashiering experience has received predominantly negative reviews from users. Complaints range from cash out issues and geolocation problems to slow payout speeds and a confusing user interface.

Pros:

  • Ability to deposit money into the app
  • Offers multiple payment methods including PayPal
  • Provides the option of check payouts

Cons:

  • Slow payout speed, taking days to receive winnings
  • Geolocation feature prevents some users from placing bets
  • Glitchy app sometimes prevents deposits despite sufficient funds

Areas for Improvement:

  • Streamline the cash out process and offer more payment options
  • Enhance the user interface for better clarity and navigation
  • Improve the app's stability and geolocation accuracy

Betfred Customer Support

Whether bettors are using this sportsbook on the Betfred mobile app or on desktop, they may seek help with a variety of issues via a live chat, email, or phone.

In our evaluation of Betfred customer support, we derived the following learnings:

  • Speed and Effectiveness: Betfred's responsiveness was a bit inconsistent and while it is easy to begin a chat there were times when an agent would take a surprisingly long time to respond compared to other sportsbooks. While speed sometimes lagged, the overall effectiveness was commendable.
  • Live Chat: While a number of its competitors offer 24/7 service on live chat, Betfred has more restrictive hours. You can only engage in live chat with the Betfred support team between 8:00 a.m. and 9:00 p.m. MT from Monday to Thursday. From Friday to Sunday, Betfred operates its live chat in a narrow window between 8:00 a.m. and 11:00 a.m. MT.
  • Agent Interaction: To get a better sense of how Betfred's customer support team works, we added a ‘day in the life’ test to this Betfred review, initiating live chats during four different hours.

Each hour slot received five separate chat messages from us. Here’s a snapshot of our findings:

Time (ET)Average Wait Time 
9:00

4 minutes and 02 seconds

12:008 minutes and 39 seconds
17:004 minutes and 13 seconds
21:005 minutes and 53 seconds
  • Social media: Most of Betfred's social media presence mirrors other sportsbooks in terms of promoting itself and major sporting events — but it does have a dedicated support account on Twitter called 'Betfred Help'. Facebook | Twitter | Instagram |

Contact Betfred Customer Support

Languages
English
Spanish
Average
Responsiveness
Good
Professionalism
Average
Customer Experience

Betting Responsibly at Betfred

Betfred has a page on its website dedicated to responsible gambling and features a number of common tools such as self-imposed deposit and wagering limits that can be set for daily, weekly, or monthly time periods.

Customers are also able to take a break and suspend their Betfred sportsbook account for any specific amount of time, or indefinitely.

Betfred directs customers to resources such as the Problem Gambling Coalition of Colorado and a site where they can apply to the state's self-exclusion list. Below is a summary of Betfred sportsbook's responsible gambling tools:

FeatureDescription
Set Deposit LimitsUsers can set limits on how much they can deposit to control spending.
Timeout FeatureAllows for temporary self-exclusion, ranging from 3 days to a year.
Adjusting LimitsUsers can modify their limits, with a cooldown period for any increases to encourage thoughtful changes.
Educational ResourcesOffers information on responsible gambling practices.
Addiction Help CentersProvides contact details and links to gambling addiction support services.

Setting Bet Limits with Betfred

Any customers can set a deposit or betting limits on their Betfred sportsbook account as part of the sportsbook's responsible gaming policy.

These limits can be imposed at any time and they can be decreased at any time. One limitation of this tool is that limits cannot be increased until an existing limit has expired.

While this is a slight lack of flexibility for those using the Betfred sportsbook who have set limits with from relatively long periods of time — but it could be helpful for users who are having difficulty with self regulation.

Is Betfred Sportsbook Legit?

Betfred has been in the gambling business for more than 50 years and they are a legitimate sportsbook, even if they might be unfamiliar to American bettors and have more name recognition in the United Kingdom.

The company has more than 1,000 brick-and-mortar betting shops and major sponsorship deals with sports teams like the Denver Broncos, Cincinnati Bengals and Colorado Rockies.

Below is a summary of some of Betfred's security features.

Security FeatureDescription
AWS CloudFrontEnhances security through edge Lambda function integration.
FirewallsPrevents unauthorized access and secures the network.
SSL EncryptionSecures data transmission, ensuring data privacy and integrity.
Regular Security AuditsAssesses and enhances the security posture periodically.
Two-Factor AuthenticationAdds an extra layer of security for user accounts.
Continuous MonitoringActively monitors for suspicious activities and potential threats.
User Education and ResourcesProvides users with information on safe practices and security awareness.

It is still worth checking out customers' experiences with Betfred via reviews on the Google Play Store or App Store, but Betfred is a credible online sportsbook.

Do You Have to Pay Taxes When You Win at Betfred in the US?

The IRS does consider gambling wins to be taxable income, but you must exceed a certain profit threshold to be taxed.

If you win enough you will receive a Form W2-G for 'Certain Gambling Winnings'.

Each individual's tax situation will vary and it's important to get personalized advice for your particular situation, but it's worth being aware that you may be taxed on sports betting winnings.

Betfred Sportsbook Review FAQs

General Information

What is Betfred Sportsbook?

Betfred Sportsbook is an international sports betting site that originated in the United Kingdom in 1967 and expanded into the online betting market in 2004. It is a longtime player in the sports betting industry that offers a wide range of betting markets for various sports, and is now available in 10 states in the U.S.

How do I sign up for a Betfred Sportsbook account?

To sign up for a Betfred, account you need to provide your name, date of birth, SIN number's last four digits, email, phone number, and address. Additionally, you must confirm your age, agree to the terms, and add a bonus code if available.

 

What type of sports can I bet on with Betfred?

Betfred Sportsbook covers a variety of sports including NFL, NBA, NHL, MLB, and soccer leagues from 38 different countries, among others. It also offers betting on less common sports like bare-knuckle boxing and skateboarding.

Betting Options

What type of bets can I place on Betfred Sportsbook?

Betfred allows users to place various types of sports bets such as moneylines, point spreads, over/unders, player props, futures, parlays, teasers, and live in-play betting.

Does Betfred offer live betting?

Yes, Betfred provides live in-play betting through a tab on its homepage, allowing users to place bets on ongoing games with real-time updates.

Can I adjust my betting limits on Betfred sportsbook?

Yes, Betfred allows users to set and adjust their betting limits. However, increasing limits can only be done after the existing limit period has expired to encourage responsible gambling.

Payment Methods and Withdrawals

What payment methods does Betfred Sportsbook accept?

Betfred accepts various payment methods including credit/debit cards, ACH, PayPal, Play+, and VIP Preferred for both deposits and withdrawals.

How long do withdrawals take with Betfred Sportsbook?

Withdrawal times at Betfred can vary from instant to up to two weeks, depending on the method used. It is advisable to check user reviews and Betfred’s guidelines for more specific information.

Is there a welcome bonus for new Betfred users?

Yes, Betfred offers a welcome bonus of up to $105 in a ‘no-sweat’ first bet. If the initial bet loses, users receive a bonus bet matching their deposit credit, termed as 'Fred Bet'.

Mobile Betting and User Support

Is there a Betfred Sportsbook mobile app?

Yes, Betfred has an app available for both iOS and Android devices. The Betfred apps provide a experience similar to its desktop version.

How can I contact Betfred Sportsbook customer support?

Customers can contact Betfred support via live chat, email, or phone. Live chat is available during specific hours, and there is also a dedicated customer support account on Twitter called 'Betfred Help'.

Does Betfred provide resources for responsible gambling?

Yes, Betfred offers several responsible gambling tools, including deposit and wager limits, temporary self-exclusion, and access to addiction help centers. Educational resources on responsible gambling practices are also available.

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Meet the Authors

Paruyr Shahbazyan started his business career as an entrepreneur in 2000. Over 13 years, he learned business and leadership, which laid the foundation for his career.

In 2013, Paruyr entered the sports and betting industry as the founder and president of Bookmaker Rating, an online media platform he led until 2020. The platform focuses on in-depth analysis and insights in sports betting and has gained a reputation for quality content.

In 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This shows his commitment to technology in the sports betting space. Through all these experiences, Paruyr has been shaping and influencing the betting industry, setting new trends and standards.

Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports.

Strategic Vision

Paruyr's vision is to revolutionize the sports entertainment industry by integrating technology. He sees the future of sports entertainment as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. He aims to create platforms that are not only user-friendly but also uphold the highest standards of ethical reporting, contributing to a more responsible and enjoyable sports culture.

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.

At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.

Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game in 1998, and he's been writing about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports while growing his expertise in sports data analysis and research. 

Between 2022 and 2023, he worked for a betting startup called NorthStar Bets. In 2024, he contributed to Oddspedia before joining the RG team.

Sergey Demidov
Sergey Demidov
Head of News Department

Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

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