Betfred Deposit Methods
Betfred are a popular UK based bookmaker with a strong presence in retail as well as online. They were established in 1967 and currently have nearly 1,500 betting shops around the UK and a very. Betfred reviewed by Betportal experts! Learn all about Betfred bonus offer, superb live streaming, mobile betting and payouts. ➤ Update: December 2020! Bet Bind offers a way to keep track of all the bets you place. Keep an accurate record of your wins and losses to help reveal trends, and learn what works well and what doesn't.
Betfred is an English bookmaker that is considered by many as one of the betting operators that shaped the industry. Founded in 1934, when gambling was illegal, Betfred has grown into one of the largest UK bookmakers with more than 16.000 employees. Besides its online operations, Betfred also operates 2.300 betting shops across the UK. In 2011 Betfred acquired the horse racing pools business in the UK.
BetFred Poker is one of the most generous rooms which offers a big bonus for your first deposit. This bonus is in addition to the standard deposit 250% bonus. Sign up with the Betfred Promotion Code and get a welcome bonus of 50 Free Spins. Deposit minimum £10 and enjoy the offer!
In September 2017, Betfred celebrated their fiftieth year of business. Any bookmaker that completes 50 years in the industry is an accomplishment! The Fred derives from one of the founder brothers Fred Done. Time for a thorough Betfred review!
betoptimizr has analysed everything there is to know about Betfred. We rate the odds quality as the single most important aspect of sports betting. Nevertheless, we have also stuck our nose in other essential elements that make or break an excellent online bookmaker.
So, here we go!
Betfred probably has one of the largest betting markets available. Not only a vast selection of sports but also many, many betting opportunities for every match (includes in-play betting). The choice of bets in the live betting environment is enormous.
A nice feature is the Tip Advisor. This is a platform where other Betfred sports bettors share their bets and give commentary on those bets. You can follow the top tipsters to increase the chance of winning bigger.
Betfred offers an awful lot of free live sports through their live stream feature. You certainly won’t feel bored! Watching your bets unfold while watching the match makes it just a bit more exciting. Through the Betfred TV platform, you can watch matches from Bundesliga, Serie A, Eredivisie, MLS, Danish Superliga, Scottish Premiership and many more football from around the world. Other sports shown are: basketball, cricket, tennis, horse racing and greyhound racing
Betfred review: live betting odds are very appealing
The odds are amongst the better compared to most bookmakers:
• The in-play odds of UK football competitions and most of the more significant European football competitions are excellent. The average payout percentage is almost 96%.
• Pre-match 1×2 bets also have an average payout of 96% for the English competitions: Premier League, English Championship and English league 1/2.
• If you bet on matchday, you get even better value for the Premier League and the Champions League (average payout of 97%)
• Tennis odds have an average payout percentage between 94-95% for pre-match bets and almost 95% for in-play bets.
• Betfred offers very good value for Challenger tournaments.
• Darts and snooker have an average payout percentage of 95% for pre-match bets and about 93,5% for in-play bets.
You can find more details on the odds below.
The welcome bonus is for residents of the UK, Ireland, Jersey, Guernsey and the Isle of Man only.
If your first bet is £10/€10 or more, you get three free bets of £10/€10 each. You must wager these in 30 days. And only the winnings arising out of these three free bets are cashable.
We recommend to deposit at least £10/€10 and play at least £10/€10 on your first bet. Then you receive those free bets. It is nice to see that you do not face these problematic wagering requirements.
Our Betfred review reveals fairly good in-play odds, for most of the football competitions. The pre-match odds are not spectacular though.
Our Betfred review shows that there are a whole bunch of depositing and withdrawal methods. We believe it is good to know all the ins and outs of getting money in and out of your Betfred account. Avoid charges and disappointments!
There are a vast number of ways to deposit money at Betfred. We are happy to see that there are plenty of deposit options with no charges.
In case of a bank deposit, Betfred will not charge you for all deposits over £170 (or equivalent) providing that your funds stay in your account for 28 days. You also need to play the amount through at least once.
If you are depositing between £85 and a £170, you will be subject to a £7.50 administrative charge. Betfred deducts this fee from your deposit.
In the case of debit/credit card charges, Betfred will not incur any possible fees that may be imposed by the card issuer
There are no withdrawal charges, as it should be! The waiting time is shorter with e-wallet withdrawals. The maximum amount per transaction is somewhat low. Therefore, if you win big, you may have to be patient in getting paid all of your winnings.
Below the details of the Betfred withdrawal options.
It is imperative to know what the maximum winnings are when you place your bet with an online bookmaker. Imagine you have won an accumulator (multiple bets) of 10 matches and think you have won €500.000 (or equivalent). Only to find out that the bookmaker in question only pays out a maximum of €100.000! To avoid such a major disappointment, you need to know some vital information on maximum winnings before you place your bets.
At Betfred, we are happy to see that the maximum win for a bet can be up to €1 million! This maximum is undoubtedly amongst the very highest offered in the industry. But you need to be careful. The maximum winnings per bet vary by football competition and sport and type of wager. For 1×2 bets in the more significant football competitions, it is €1 million. For smaller matches and sports, the maximum winnings per bet are typically much lower.
Check the Betfred Terms and Conditions (article 3: Maximum Payouts) carefully.
In the first section above we have focussed on the essential overall analysis. In our Betfred review, we also analysed the odds in greater detail. We rate the quality of the odds as the most important aspect of sports betting.
The detailed odds analysis is split into four easy to understand sections:
• Pre-match 1×2 bets
• In-play (live betting) 1×2 bets
• Special bets: Asian Handicap, Over/Under and Both Teams to Score
• Other sports: tennis, darts, snooker and rugby
The Betfred review clearly shows that Betfred is a 100% reliable and trustworthy bookmaker. Its long and strong reputation speaks for itself. Betfred is licensed and regulated by the Gambling Commission of Great Britain.
Betfred review: quality of pre-match odds (1x2 bets)
• Pre-match 1×2 bets also have an average payout of 96% for the English competitions: Premier League, English Championship and English league 1/2.
• If you bet on matchday, you get even better value for the Premier League and the Champions League (average payout of 97%)
• For the high profile competitions, such as La Liga, Serie A, Bundesliga, Turkish Super Lig and the Dutch Eredivisie, the odds are also excellent (average payout percentage over 95%).
• Most of the other competitions also have good odds.
The table below provides an overview of the quality of the odds for pre-match 1×2 bets for of all the football competitions.
Betfred review: quality of live betting odds (1x2 bets)
• The in-play odds of UK football competitions and most of the more significant European football competitions are excellent. The average payout percentage is almost 96%.
• The table below provides more clarity, as the odds are not high for all the competitions.
The table below provides an overview of the quality of the odds for in-play 1×2 bets for of all the football competitions.
• The odds for Asian Handicap bets are great. The average payout for these bets is around 96,5%.
• Over/Under bets and Both teams to Score bets are average. The average payout percentage of these bets is around 93%.
How To Cash Out Betfred
The odds offered for tennis are quite good, in particular for live bets.
• For tennis, the average payout percentage is around 94-95% for pre-match bets and almost 95% for in-play bets. Betfred offers these percentages on the Grand Slam tournaments and the more significant ATP and WTA tournaments.
• The Challenger and IFT tour matches have equally attractive odds. If you like to bet in these lower ranked tennis tournaments, Betfred is the place to be. The average payout percentage is some 93,5% for pre-match and in-play bets.
Betfred Deposit Methods Rules
• For darts and d=snooker, the average payout percentage for match bets is around 95% for pre-match bets and around 93,5% for in-play bets.
• Aussie Rules odds are good. The average payout percentage is around 94%-95%
• For rugby, the average payout percentage is around 94% for pre-match bets and 92% for in-play bets.