Review
You may have noticed a little bit more of Betfred than in previous years on your high street due to the fact that they picked up a large number of cut-price Coral and Ladbrokes shops from an enforced sale resulting from the merger of those 2 bookmaking giants. As a bookmaker in their own right they have been slowing growing after purchasing the Tote in 2011 (totesport.com has identical odds to betfred), and have made a concerted effort through advertising to be more in the betting public’s minds. Their odds are fairly standard, and their promotions are nothing to boast about but they are fairly tolerant to winning punters, which is an important positive, and are a useful bookmaker to have in your portfolio.
Sign Up Bonus
The Offer
Bet £10 receive £30 free for Sportsbook and £30 free for Casino
The Details
Place £10 bet at evens or greater and receive £30 in sports funds
Must use the code SPORTS60 upon registering
Only your first bet counts towards this offer (so make sure it is over £10 and at odds of evens or above)
£30 free bet must be used within 7 DAYS of qualifying
£30 free casino credit must be wagered x50 (total of £1,500) before andy winnings can be withdrawn
Deposits from Skrill, Neteller, Paysafe or Ukash do not qualify for the offer
Only for customers from UK
Over 18’s only
Other Bonuses
Double Delight & Hat-trick Heaven
Back your first goalscorer at Betfred and if he goes on to score a second within the 90 minutes, they double your first scorer price – and if he bags a hat-trick within 90 minutes, they will treble it. Maximum payout of £6,000 on selected matches only.
Opinion
This is Betfred’s headline offer and you may well have seen it promoted on various media advertisements. But is it any good? Well as long as their odds for first goalscorer are around the market average, and no bookmaker has a better offer for first goalscorer then definitely (there is also some statistical analysis that would need to be done involving the probability of a player scoring more goals once he has scored the first, but as I am yet to find figures we will have to leave it at that…to be updated!). But this is the issue, in all first goalscorer markets that I looked at, their odds were not competitive, it is as if they have discounted them to compensate for the offer. The conclusion that I draw is that this offer only serves to make their poor odds on this particular market a little bit more appealing.
Best Odds Guaranteed
Take an Early Price (EP) or Board Price and if the Starting Price (SP) is bigger they will pay you at the bigger price. Applies to UK and Irish Horse races.
Opinion
If you take a price that subsequently drifts in the market but goes on to win, you will get paid at that higher price. This offer is standard among mainstream bookmakers and I would go so far as to say that if it is not offered then you should place your racing bets elsewhere.
Football Acca insurance
Place a football acca with 5 legs or more on any Match Betting market and they will refund losing bets where only one leg lets you down, up to a maximum of £/€25. Each leg must be placed at odds of 1/5 or greater
Opinion
This Acca insurance offer falls right in the middle of the those also reviewed. Whilst the lack of restriction are great (no leagues restricted, available to place more than 1 per day), they still fall behind Will Hill in the refund amount. If your acca is £25 or lower, however, this offer becomes very appealing.
Payment Methods
All major credit and debit cards
Bank Transfer
Neteller
Skrill
Paypal (Austria, Denmark, Finland, Greece, Ireland, Portugal, Sweden, United Kingdom only)
Paysafe
Currencies
Pounds Sterling
Euros
Australian Dollars
Canadian Dollars
Danish Krone
Hong Kong Dollar
Icelandic Kroner
Japanese Yen
New Zealand Dollars
Norwegian Krone
Malaysian Ringgit
South African Rand
Swedish Krone
Swiss Francs
Sportsbookreview Rating
B+
Bookmakersreview Rating (out of 5)
3.5