Betfred Sportsbook Review And Promo Code
As one of the top oddsmakers in Europe, Betfred has begun expanding into the US market. The sportsbook is already available in Colorado, Iowa and Pennsylvania, with more on the way.
This review takes a look at the promotions you will see at the online sportsbook. We also go over Betfred’s app and the various services it offers, including live betting, banking options and available sports.
You will also be eligible for a two part welcome bonus, with the first part requiring simply signing up for a new account and the second part tied to making your first bet. So let’s get right into how Betfred’s welcome offer works and what you need to do to claim them.
- Welcome bonuses available for new sign-ups.
- Plenty of options for depositing and withdrawing money.
- Excellent sports betting app.
- Tons of sports betting markets available.
Betfred Sportsbook welcome offer
Betfred has an excellent two part bonus for new customers.
First, just successfully sign up for your new account and you will receive a $40 free bet to try out the Betfred sportsbook.
Then there’s an exciting offer to take advantage of after you make your first deposit.
You can receive a bonus match on the amount of your first wager, up to $500. Simply make your first wager on the site, and win or lose Betfred will credit you with bonus credits for the same amount. You need to use the bonus within seven days of receiving it.
Betfred Sports Promo Code 2021
| Online Sportsbook | Betfred Sportsbook |
|---|---|
| Betfred Promo Code | BFS40 |
| Sign Up Offer | $40 Free Bet |
| First Bet Offer | Up to $500 Matched Wager |
| Online Since | 2020 |
| Last Updated | March 4, 2021 |
Betfred Sportsbook bonuses
As Betfred continues to grow throughout the US, there is little doubt that it will increase the number of promotions it offers, possibly even adding ones that remain throughout the year. Currently, though, its bonuses come and go based on the time of year and what sports are happening.
For example, during the end of 2020, Betfred offered promos where users could receive free bets for up to $50 for 12 days in a row. To receive the free bet, all you had to do was place a bet on any of the 12 days, and your free bet was the amount of the bet you made.
Betfred also offers daily odds boosts, called Betfred Boosts, where the odds for specific games or parlays are increased. One of the best parts about Betfred Boosts is they usually do not have a limit to how much you can bet on them. However, you cannot use the odds boosts for parlay bets.
Betfred Sportsbook app
The Betfred Sportsbook app is available for iOS and Android devices for Colorado and Pennsylvania players, while mobile betting is available in Iowa and Pennsylvania. The Betfred app is nearly identical whether you are using an Apple or Android device and functions exceptionally well on both.
- Betfred iPhone/iPad app: Follow our link to the Betfred site and click on the Apple logo, and it will take you to the iOS download.
- Betfred Android app: For Android users, follow our link to get Betfred’s Android-specific app.
The Betfred apps for both operating systems work well and make betting on sports while on the go super easy. If you haven’t signed up yet with Betfred, you can do so entirely using the app. You also are able to make deposits and process withdrawal requests entirely online.
Make sure whatever mobile device you are using has the geolocation software enabled, though, because in order to place bets the app needs to be able to confirm you are physically in one of the states where Betfred is licensed.
Betfred Sportsbook live betting feature
Online sportsbooks like Betfred allow users to bet on games that already are underway. When you open the app, it will display the current available live bets. When you click on individual games, there even is a display at the top showing the current situation in the contest.
For live betting, you will be able to place moneyline, spread and over/under bets as well as bets for what will happen during the next possession or play.
Another feature that is somewhat tied to live betting is the ability to cash out bets early. Betfred doesn’t always offer early cash-out, but when it does, you will have the chance to cash out before a game has finished in order to assure yourself of winning part of your wager.
Sports coverage
You’ll find all the major US and international sports leagues available to bet on at Betfred, starting with the National Football League, National Basketball Association, Major League Baseball, National Hockey League, and NCAA football and basketball.
You also can wager on Major League Soccer, the PGA Tour, NASCAR and UFC action. For the international sports fans, you also can bet on soccer leagues and events like the FIFA World Cup, Champions League, La Liga, English Premier League, Bundesliga and more.
Betfred has markets for smaller sports, too, like table tennis and rugby.
Betting types available
Betfred not only has plenty of sports to wager on, but a multitude of different betting markets as well. To help those of you who are new to sports betting here is a look at the types of sports bets you can place using the Betfred app.
- Moneyline bets are as straightforward as it gets because all you need to do is pick which team is going to win. A successful bet on a favorite will win you less money than a successful bet on an underdog, but either way you win nothing unless you’re correct with you pick.
- Point spread betting takes into account an estimated margin of victory. If a team is favored by 6.5 points, that means it needs to win by seven points or more, while the underdog can lose by six points or fewer for your bet to pay off.
- Over/unders are another fairly simple type of bet. You are betting on if the final combined score of a game will be higher or lower than a predetermined number set by the sportsbook.
- Prop bets are wagers that don’t have to do with a game’s outcome, but instead are for things like coin flips or how individual players perform during games.
- Parlays are bets that combine two or more wagers into one bet. Parlays only pay out if all your picks are right. More selections can lead to increased winnings, but decrease your chances of getting everything right.
- Futures betting is most popular when it comes to picking teams to win championships, such as who will lift the Stanley Cup or Vince Lombardi Trophy at the end of the NHL and NFL seasons respectively. If you see futures odds you like, make sure you jump on them quickly, because all it takes is a key injury, trade or free-agent signing for odds to shift dramatically.
Betfred sportsbook banking options
One of the best parts about doing your sports betting with a legal, regulated company like Betfred is that you can trust that your payment methods are secure and that when you choose to withdraw your money, you will be able to do so.
Here’s a look at your options for both depositing and cashing out at Betfred. The minimum deposit is $10.
Deposit
- Cash at the retail cage
- Credit Card: Mastercard, Visa or American Express (PA)
- E-Check/ACH (IA, PA)
- VIP Preferred (PA, CO)
- PayNearMe (PA, CO)
- Play+ Prepaid Card (PA, CO)
- Skrill (IA)
If you want to deposit or withdraw from the retail sportsbook, you should definitely check they are offering that service before making a special trip. Here are the potential locations:
- Betfred Sportsbook CO: Saratoga Casino (101 Main St., Black Hawk, Colorado)
- Betfred Sportsbook IA: Grand Falls Casino & Golf Resort (1415 Grand Falls Blvd., Larchwood, Iowa)
- Betfred Sportsbook PA: Wind Creek Bethlehem (77 Wind Creek Blvd., Bethlehem, Pennsylvania)
Betfred sportsbook customer support
No matter how good an online sportsbook is, there still is the chance that something will go wrong from time to time. The positive is that if and when something does go haywire, Betfred’s customer support team will be there to help.
Here’s a look at how you can reach out for help in the different Betfred markets.
- In Colorado, you can call (855-769-4878), text (720-640-4033) or email ([email protected]).
- In Iowa, you can call (833-921-1997) or email ([email protected]).
- And in Pennsylvania, you can email ([email protected]) or have a live chat using the Betfred app or website.
Betfred history
Betfred’s first sportsbook was of the retail variety, and it opened at Iowa’s Grand Falls Casino & Resort in 2020. But the company itself dates back to 1967 in the north of England, were it was founded by brothers Fred and Peter Done.
Currently Betfred Sportsbook is active in three states, with more likely coming in 2021. Here are the details for those states with Betfred Sportsbooks.
Betfred Colorado
- Launched: June 2020
- Land-based partner: Saratoga Casino
- Restricted wagers: Esports betting
- Gambling age: 21
- Remote registration: Yes
Betfred Iowa
- Launched: January 2020
- Land-based partner: Grand Falls Casino & Resort
- Restricted wagers: Prop bets on individual college players
- Gambling age: 21
- Remote registration: Yes
Betfred Pennsylvania
- Launched: December 2020
- Land-based partner: Wind Creek Bethlehem Casino
- Restricted wagers: Betting on non-sports events (pro sports drafts, Oscars, Grammy, etc.) is prohibited
- Gambling age: 21
- Remote registration: Yes