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Betfred Review
YEAR EST. 2004
RATING
8
starstarstarstarstar
BOOK SPY
BOOK SPY

Betfred is a well-known name among bettors in Britain. It is the epitome of uncomplicated betting, and one of the last UK betting giants still privately owned. The sportsbook was the first to offer a Lucky 15 bet and the first to pay out bettors before a result was guaranteed in 1998. The horse and greyhound racing sections are some of the most complete among online bookies. If you asked me who the best High Street bookmaker is, I would easily tell you, Betfred. However, the transition from shops to online betting has not been so smooth. You can see that most of their business still comes from the High Street, as the platform lacks finesse. The number of markets and payment methods available does not even come close to what the competitors are offering. In addition, for a sportsbook that has been online since 2004 and had a revenue of £10 billion in 2019, the expansion internationally has inexplicably been overlooked. Nonetheless, it is still one of the top options for all the major UK sports.

Founded in 1967 by Peter and Fred Done, the Betfred bookmaker has long been associated with sports betting. The brand maintains over 1,600 betting shops in the UK & Ireland and went online in 2004. The company holds licenses from both the UKGC and the Gibraltar Gambling Authority, while the betting platform is built in-house. It is the official sponsor of several sporting events, namely the British Masters, the World Snooker Championship, and the Scottish Cup.

It only accepts players from Ireland and Gibraltar in addition to the Brits. The highlights of the online sportsbook are the high stake and winning limits, the 200+ horse races daily,  as well as the available betting features, like PickYourPunt and Live Streaming. Keep on reading this Betfred review to see what else it has to offer.

Total Score

8

Betting Markets 7.7

Odds 7.5

Live Betting 7.4

Reliability 8.2

Payment Methods 8

Withdrawal Speed 8.4

Customer Support 8.2

Bonuses 8.1

Mobile 8.6

Sportsbook Experience 7.9

Players Rating: (3 Rates) 8.8

How the total rating is calculated

Why choose Betfred
Get the best horse racing odds
  • 25+ sports
  • Live Streaming
  • Full Cash Out
  • Player Special Bets
  • 95% tennis payout
  • 100+ greyhound races/day
  • Android/iOS apps
  • 24/7 Customer Support

Betfred Bookmaker Review

With over 50 years of experience, the Betfred bookmaker is one of the oldest names in the sports betting industry. It comes with competitive tennis odds, thousands of pre-match and live events every month, as well as hundreds of horse and greyhound races daily from many countries.

Betfred UK Sports & Odds

The Betfred sportsbook offers more than 25 sports. These range from horse racing, football and tennis to cycling, politics, and snooker, while the overall payout is 93%. Players can find 60+ football markets pre-match, like Correct Score and European Handicaps, but no Cards, Corners, or Asian Handicaps. The top football events every day are offered with a Price Boost.

The horse and greyhound sections in the Betfred bookmaker accommodate more than 150 races daily from several countries, like the UK, Ireland, the US, and Australia. Bettors can place ante-post wagers ahead of time on major tournaments alongside Special Bets, such as Winning Distance and Favourites Performance. In tennis, the οdds are very competitive, with a payout of 95%.

Live Betting in the Betfred Sportsbook

The in-play offering contains 1,500+ events weekly and an overall payout of 93%. Betfred UK offers an extensive stats and graphic section that showcases what happens in the top matches. Players can add live events to the favourites and follow them on a separate tab. When it comes to Horseracing, it is in the top UK Betting Sites List with its coverage of top racing events.

The payout in football is below average, and there are 30+ markets at hand, like European Handicaps and Rest of Match Result. You can find up to 20 betting options in snooker and tennis, such as Handicaps and Win the Set/Frame. Our Betfred review revealed that all live bets are processed within 4’’.

Top Betfred Betting Features

The Betfred website provides a variety of betting features. Cash Out is available, but only in Full; Partial and Auto Cash Out is missing. There is an icon that indicates if Cash Out can be used on the event. With the PickYourPunt function, which works as a Bet Builder, players can combine markets from the same event in one betslip.

Using the PickYourPunt hashtag on Twitter, you can request odds on a selection that does not appear on the sportsbook. Live Streaming can be accessed for horse and greyhound races as long as you have a minimum £1 bet on the race. Betfred UK also offers LS for other sports, like football, tennis, and table tennis, but for limited matches and leagues.

Other key Betfred Bookmaker info

Online sportsbooks do not only tend to the betting product but consider many other aspects too. On-the-go bettors can find Betfred APK for both Android and iOS versions. Customer Support can be reached 24/7 in English via Live Chat, email or phone. The Betfred sportsbook’s winning limits are high: you can win up to £1,000,000 on the top football and horse racing events.

Deposits are instant and with no charge, and withdrawals take between 1-3 days. However, ensure you are choosing a valid payment method to activate the Betfred Deposit Bonus. Note that commission fees apply for multiple bank withdrawals within the same month. Among others, players can fund the accounts via VISA, Mastercard, PayPal, Skrill, and Neteller.

Betfred Info
Website
www.betfred.com
Year established
1967
Online Since
2004
License Holder
Petfre (Gibraltar) Limited
Betfred Review CEO
Fred Done
Address
5.2 Waterport Place Gibraltar
Operating License
Gibraltar, UKGC
Bookmaker Type
European

Betfred Deposit Methods

  Charge Min. Deposit
VISA Free of charge £5  
Mastercard Free of charge £5  
PayPal Free of charge £5.50  
Paysafecard Free of charge £5  
Skrill Free of charge £5  
Neteller Free of charge £5.50  
Bank Wire Free of charge £85  

Betfred Withdrawal Methods

  Min. Withdrawal Time
VISA £5 3-5 days
PayPal £5 Couple of hours
Skrill £5 Couple of hours
Neteller £5 Couple of hours
Bank Wire £25 2-5 days
Betfred Pros
  • 50+ years of experience
  • UKGC/Gibraltar licenses
  • 30+ sports
  • More than 200 horse races/day
  • Pick Your Punt
  • Live Streaming
  • Full Cash Out
  • Player Specials in football
  • 95% tennis payout
  • 100+ greyhound races daily
  • High winning limits
  • Telephone betting
  • 24/7 Customer Support
  • Android/iOS mobile apps
Betfred Cons
  • Many country restrictions
  • Slow verification process
  • Below par overall payout
  • No Irish Welcome Bonus
  • No Asian Handicaps
  • No Partial/Auto Cash Out
  • No Card & Corner Bets
  • Few alternative handicaps in tennis
  • Few football markets pre-match & in-play
  • Fees on multiple bank withdrawals
More information about Betfred

Betfred Support

Hours
24/7
Support channels
Email, Live Chat, Telephone
E-mail
Telephone
UK 0800 03 20 878 - Outside UK 0044 1925 285023
Phone Betting
Yes / UK 0871 218 6163 - Outside UK +44 871 218 6163
Support languages
English

Betfred Betting

Min. Bet
£0.01
Max. profit
£1,000,000
Type of odds
American, Decimal, Fractional

Betfred Odds

Overall
93.13%
Football
92.68%
Basketball
93.44%
Tennis
93.99%

Betfred Sign Up

Services
Bet Builder, Cash out Full, Live Streaming, Request a bet
Websites Languages
English
Currencies
British Pound, Euro
Platforms
PC, Mobile, Tablet
Mobile App
Android, iPhone
App
No
Software
Proprietary
Alexa Rank
97686
Products
Betting, Bingo, Casino, E-Sports, Games, Live Casino, Lottery, Poker, Virtual Sports
Common Misspellings
bet fred, fredbet
Esports
CS:GO, Call of Duty, Dota 2, FIFA, League of Legends, Overwatch, StarCraft

Betfred Sports & Markets

Sports
American Football, Australian Football, Basketball, Boxing, Cricket, Cycling, Darts, Entertainment, Football, GAA Football, Golf, Greyhounds, Handball, Horse Racing, Ice Hockey, Lifestyle, MMA, Martial Arts, MotoGP, Motor Sports, Politics, Rugby, Rugby Union, Snooker, Special Bets, TV, Table Tennis, Tennis, US Sports, Volleyball, Winter Sports
Additional Betting Selections
Alternative Handicap Basketball, Alternative Handicap Tennis, Oscars
FAQ
Q: Is Betfred a scam?

Betfred is one the most experienced bookmakers, with more than 50 years of experience. It would not survive that long if it wasn’t safe. Besides, the company holds two Tier 1 licenses in the UK and Gibraltar, which means that it can be trusted.

Q: How to delete Betfred account?

If you wish to close your account altogether, contact Betfred customer service and inform them of your request. If you are unsure, you can leave your account dormant for up to 6 months or choose to self-exclude for a specific period.

Q: How can I file a complaint against the bookmaker?

There are two options. You can either use the Betfred Live Chat to reach the in-house team and let them handle the situation, or you can contact the UKGC or Gibraltar Betting and Gaming Association directly. Alternatively, head to the Bookmakers.bet complaints page, leave a review and we will handle your issue on your behalf.

Q: What is the Betfred withdrawal time?

Depending on the payment method, you will need to wait between 2-5 days for the money to reach your account. The minimum withdrawal is £5 for all payments except for bank transfers, which is £25. Remember that commission fees apply for multiple bank transfers in the same month.

Q: What is the Betfred max payout?

The maximum a player can win in the major football and horse racing events is set at £1,000,000. In golf and tennis, the amount drops to £500,000. For smaller sports, it usually is £100,000, and for special player bets and other exotics, it is £10,000.

person

About: Betfred

9/10

I think that is one of the best bookies I have ever used. Everything works smoothly. High odds and a great app. My transactions are fast and easy.

show more

30 Oct 2021 Andrew (78.153.1**.***) country

person

About: Betfred

8.5/10

I love the fact that they have many promotions and good enough odds. Not bad payout times as well.

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8 Aug 2019 Jamie (**.***) country

person

About: Betfred

9/10
I took the Betfred exclusive offer and started betting with £60 on my account. What I really liked are the many options on horse racing.

show more

20 Jun 2017 Garry (46.101.4**.***) country

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