Betfred review - Experts and user ratings: Is Betfred safe?
Betfred has been in the betting game since 1967, with Betfred Sports launching in the US in 2020. This Betfred review analyzes what one of the most established betting sites brings to sports bettors in the states. You don't need a Betfred promo code to unlock its fantastic $105 Fred Bets welcome bonus, either!
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- Restricted
- Arizona
- Colorado
- Iowa
- Maryland
- Ohio
- Pennsylvania
- Virginia
- 0.00Min deposit
- -Max limit
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Deposit with one of these payment methods:
- Cash Out
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- Live chatYes
- Emailsupport.us@betfred.com
- Emailsupport.us@betfred.com
- Live chatYes
Betfred Details | |
Date Founded | 01 Jan 1967 |
Brand Owner | Betfred Sports |
Brand CEO | - |
Employees | - |
HQ Country | United Kingdom |
HQ Address | The Spectrum, 56 58 Benson Road, Birchwood WA3 7PQ, United Kingdom |
- An expert’s opinion on Betfred
- Betfred review: Key information
- Betfred betting coverage
- Betfred sportsbook app review
- How to sign up to Betfred
- Betfred player protection and security
- Betfred licensing: Where can you bet with Betfred in the U.S.?
- Betfred reputation
- Betfred details
- How does Oddspedia rate sportsbooks?
- Betfred sportsbook review conclusion
- FAQ
An expert’s opinion on Betfred
One might presume a company with over 50 years of history could be outdated and out of touch with the contemporary landscape of sports betting. However, this couldn't be further from reality with Betfred. Betfred offers an extensive array of sports markets, maintains competitive odds, provides a user-friendly Betfred app, and consistently introduces “Fred Bets” to enhance your betting experience.
This Betfred review thoroughly examines BetFred and gleans all of the important details you need to navigate through the sportsbook. It's safe to say that it has left a positive impression on all fronts.
Betfred review: Key information
Betfred rating | 4.8/5 |
Betfred promo code | None required |
Betfred welcome bonus | Bet $5 on any moneyline Get $150 if your team wins + profit boosts |
Payout speed | Instant (depending on the payment method) |
Legal states | 20 |
Mobile App | Available on both Android and iOS |
Live betting | Yes |
Live streaming | Yes |
Betfred betting coverage
As you'd expect from such an established sportsbook that services betting markets worldwide, the coverage for odds, markets, and bet types at Betfred is top tier. In an industry where innovation is key, Betfred has clearly put a lot of time and money into developing its core product offering. Whether you're a new bettor looking for fun bets, or an experienced pro on the hunt for value in niche markets, Betfred will give you what you need.
Does Betfred offer good odds?
Despite all the talk about welcome bonuses, promos, odds boosts, and everything else, online sports betting is nothing without the odds. Betfred's odds compete with all the other big brands out there, including FanDuel, DraftKings, and BetMGM.
The Betfred sportsbook actually has the best NFL odds of the biggest 25+ sportsbooks in the US based on Oddspedia's Odds Fairness rating. The average is taken across moneyline, spreads, and totals with a huge sample of data (you'll see a margin lower than 4% across many NFL markets at Betfred). This is subject to change but Betfred is definitely seen as one of the best NFL betting sites because of how good its odds are.
The odds with Betfred fluctuate across different sports and markets, just like any sports betting site. However, they may not be considered number on in the industry, you'll still receive fantastic NBA odds, NHL odds, and many other sports if you bet with Betfred.
What sports can you bet on at Betfred?
It's no surprise to see odds for popular sports like football, basketball, baseball, and hockey at a US sportsbook, but the range of leagues covered within these categories can vary. While you'll always find odds for top leagues like the NFL, NBA, MLB, and NHL, Betfred stands out by also offering lines for leagues such as AFL and CFL, EuroBasket, NPB (Japanese baseball league), KHL and SHL (European hockey leagues), and many others. They really go the extra mile to cover a wide variety of sports leagues.
When it comes to sports betting, Betfred goes above and beyond by not only offering competitive odds in lesser-known leagues for popular sports but also by providing extensive coverage of sports teams in those areas. Betfred takes it a step further by offering team and player props in leagues where other sportsbooks might not even offer odds. And let's not forget about Betfred's exceptional variety of options when it comes to horse racing – that's where they truly shine above the rest.
What markets are available at Betfred?
At Betfred Sports, you've got a whole treasure trove of sports betting options at your fingertips. They've got a wide range of markets available, making it easy for you to place all kinds of sports bets. When you hop on the home screen, you'll often see the spotlight shining on major US sports. Depending on the season, you'll find a generous selection of spreads, totals, and moneyline markets for the NFL, NBA, NHL, and MLB. It's like a sports betting paradise tailored for all your preferences.
Within every game market for the sport you select, you'll come across alternative spreads and totals, props, and special bets. Betfred doesn't stop there; they offer a fantastic range of customized bets for specific events, along with plenty of options for parlays and same game parlays. While you can explore various futures markets on all sorts of sports and leagues, it would be great to see these futures stretched out over the season a bit longer and updated more frequently.
What are the different bet types Betfred?
The selection of bet types at the Betfred sportsbook is very much in line what what you see across the sports betting industry in the US. All the aforementioned markets are available as straight bets, and you also have the opportunity to combine the different bets you want to make in any kind of way to place a parlay or same game parlay.
Every now and again I like to cover different permutations across my parlays and Betfred, due to its roots in the UK, really excels in this area compared to other sportsbooks in the US. A yankee or a heinz are types of bets you won't always find at other big brands in the states. It might not matter to everyone, but it's great to see Betfred catering to all types of customer.
What is live betting like at Betfred
Live betting is hugely popular among sports bettors now. A sportsbook needs a top-notch in-play feature to stay relevant. Luckily, Betfred's in-play betting is among the industry's finest, ensuring credibility and excitement for users.
Not only do they offer a wide range of sports and leagues for live betting, but they also provide an extensive selection of markets within them. Their options go beyond the usual ones, and you can even place bets on props and other secondary markets as the game progresses.
Reviews (0)
Sort by:Betfred sportsbook app review
In my personal view, a sportsbook's app is just as crucial as its odds and betting markets. Betfred hasn't quite received the plaudits of the FanDuel sports betting app, but it's definitely earned its place on the list of best sports betting apps.
Mobile betting is so easy with Betfred, thanks to the simple design and reliable performance of its app. Whether its from the Apple App Store or Google Play Store, you're getting a top quality app that makes it so easy to find what you're looking for and place bets. The sports leagues are well organized, the markets are easy to navigate, the bet slip is perfectly designed, and the in-play betting experience is on par with anything else I've seen in the industry.
Visit the app store or the bookmaker's mobile site and download the app.
Deposit with one of these payment methods:
How to sign up to Betfred
It's pretty clear from this review that if you don't have a Betfred account, I'd strongly suggest opening one up. Not just to claim the new customer offer, but to find out more about what one of the most experienced sportsbooks in all of sports betting has to offer. I've broken down the steps from starting your sign up journey to being able to place your first real money wager below.
1. Start the sign-up process
The first step on your journey to creating a Betfred account and claiming your $105 welcome bonus is to download the Betfred sportsbook app onto your iOS or Android device. There is the option to go via the desktop site, but the app is the easiest way to get going.
2. Enter personal information
Next, you'll need to input essential information such as your name, email address, phone number, and date of birth. Additionally, you'll be asked to furnish your address and grant Betfred permission to verify your location to confirm that you're betting from a permissible state.
3. Confirm your sign-up
In order to confirm your sign up, you have to agree to Betfred's terms and conditions and follow some additional verification steps. This will usually include verifying your email but you might also be asked to verify your identity with some additional documents. This is the normal process for most sportsbooks and will only take a couple of extra minutes.
4. Make your first deposit
Once you have chosen your preferred payment method, you can make your first deposit to add funds to your account. This is when you will be able to make your qualifying bet and get you $105 in Fred Bets bonus. Remember, this only applies if your first bet doesn't win.
Betfred player protection and security
Betfred is one of few in the industry who go above and beyond when it comes to security. This comes in the form or SSL encryption technology, as well as additional server protection to make it as difficult as possible for any unwanted parties to access your personal data.
Betfred also protects its players in other ways, always looking out to make sure your betting remains fun while providing you with any support you might need should you experience any difficult periods with sports betting. Limits, time outs, responsible gaming materials, and contact details for support groups. Betfred really looks out for its customers.
Betfred licensing: Where can you bet with Betfred in the U.S.?
State | Betfred available |
Arizona | No |
Colorado | Yes |
Connecticut | No |
Illinois | No |
Indiana | No |
Iowa | Yes |
Kansas | No |
Kentucky | No |
Louisiana | No |
Maryland | No |
Massachusetts | No |
Michigan | No |
New Hampshire | No |
New Jersey | Yes |
New York | No |
North Carolina | Pending |
Ohio | Yes |
Oregon | No |
Pennsylvania | No |
Tennessee | No |
Virginia | No |
West Virginia | No |
Wyoming | No |
Betfred reputation
Although it may have started out as a retail sportsbook with a single betting shop, Betfred (and now Betfred Sports) has become a huge player in the world of online sports betting. Betfred operates in markets worldwide like the US, UK, Spain, and South Africa. To say the Betfred online sportsbook has a stellar reputation would be an understatement.
Everything from the low margin odds, the live betting experience and the mobile app, to the Betfred support team and its commitment to responsible gambling. This is a sportsbook that others in the industry can learn from.
Betfred details
Name | Betfred |
Company name | Betfred Sports |
Founded | 1867 (Betfred Sports 2020) |
HQ | Birchwood, Warrington, UK |
Key people | Fred Done (Founder and Chairman) |
Licenses | 13+ global licenses |
Number of employees | 10,000+ |
How does Oddspedia rate sportsbooks?
Oddspedia provides some of the most thorough and detailed sportsbook reviews you will find anywhere online. We run thorough analysis of not only the odds and markets on offer, but also the promos, payment methods, and legitimacy of the sportsbook. We then compare these findings to other top sportsbooks in the US to help you understand which platform is best suited for your betting needs.
Betfred sportsbook review conclusion
In summary, Betfred has managed to move with the times and take its retail sportsbook offering into the 21st century. As Betfred expands across the US with Betfred Sports, the company continues to be a pioneer of online sports betting. It has everything you need to enjoy a top quality experience, and a whole lot more.
I personally think the standout qualities for Betfred is the quality of its odds on some of the most popular sports, its range of betting options, the quality of its in-play betting product, and the mobile app. The odds boosts on certain markets and boosted odds tokens for existing customers add even more value. While this Betfred review has been overwhelming complimentary, I am hoping that the sportsbook can serve people across more states, and improve its live streaming capabilities.
FAQ
Can you bet with Betfred in the US?
Yes, you can bet with Betfred in the US providing you are in Arizona, Colorado, Iowa, Louisiana, Maryland, Nevada, Ohio, Pennsylvania, Virginia, or Washington. Betfred has mobile sports betting licenses in all of these states and if you are in a different state, you will not be able to bet with Betfred online.
Can Betfred be trusted?
Betfred was established in 1967 as a retail sportsbook and is widely regarded as one of the biggest names in online sports betting. You can definitely trust Betfred with your money and personal data. The Betfred website is very secure and Betfred has comprehensive measures to protect its customers should anything go wrong.
Is Betfred legit?
Betfred launched in the US in 2020, and the company has over half a century's worth of experience in the betting industry. Such steeped experience with betting markets, and millions of customers around the world, shows that Betfred is legit.
How do I log into my Betfred account?
In order to log into your Betfred account you can visit the homepage of the Betfred website or Betfred app. Select the "log in" button at the top right of the screen. You can then enter the email you used to create the Betfred sportsbook account, along with the password you set when you opened the account. Hit the "log in" button below these boxes and you will be taken to your Betfred account.
How fast does Betfred payout?
If you place a winning wager on the Betfred app, you will be able to get your funds within 1-5 banking days (depending on your chosen method). Betfred will usually process withdrawals within a couple of hours, but the transaction needs to be processed by your bank or chosen method to arrive back in your account. If you use PayPal this can be done in 24 hours. If you use debit card or bank transfers, it might take up to five days.
Do you have to pay taxes when you win at Betfred in the US?
All winnings you make from sports betting are deemed to be taxable by the US government, regardless of the sportsbook you bet with. You will have to pay taxes when you win at Betfred in the US. You would declare these winnings like you would any other income, and pay the tax bill you receive accordingly.
Does Betfred accept Bitcoin?
Betfred does not accept Bitcoin in any of the locations it operates. All of the Betfred legal states restrict betting with Bitcoin or crytpocurrencies. Therefore, you can only bet with USD if you want to wager with Betfred.
Can I change the currency in my Betfred account?
The option to change your currency with Betfred Sports is not a standard option. You cannot change your currency from USD to something else within your account settings. However, if you contact the Betfred customer support team and explain the reason for needing a different currency, they may be able to help you.
Can I use different options for deposits and withdrawals?
You are free to choose from Betfred's wide range of deposit and withdrawal methods to manage funds in your Betfred sportsbook account. You can change deposit methods whenever you want, but you must withdraw funds using the same method you have chosen to make your last deposit.
Who owns Betfred?
Betfred was created by Fred Done and his brother Peter in 1967. Fred remains the Chairman of the world's leading privately owned gaming company but stepped down as CEO in 2021 when Joanne Whittaker took up the position. Fred Done is now estimated to be worth $2.3 billion.
How do you delete Betfred account?
The option is there should you want to delete your Betfred account for any reason. In order to do this, you have to contact the customer support team and they will assist you. Once you explain the reasoning and confirm your decision to delete your Betfred account, the support team will action the request for you.