Betfred appears to be on its way out of the U.S. market, but is it worth checking out while there’s still some time left? Let’s find out! In this in-depth review, we’ll cover everything you need to know about Betfred Sportsbook (bonuses, betting markets, loyalty rewards, and more!) to help you decide if it’s a good fit for you.
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Betfred Sportsbook Review: Author’s Quick Take
After my thorough review of Betfred Sportsbook, I have to say I’m impressed with what they bring to the table. The platform offers a solid selection of betting options, a user-friendly mobile app, and responsive customer support, making it a decent choice for bettors in states like Iowa and Pennsylvania.
However, the landscape is changing, and it seems Betfred is facing challenges in maintaining its foothold in the U.S. The sportsbook has recently exited the Arizona, Colorado, and Virginia markets, and there could be more changes ahead.
As a result, if you’d like to explore some alternative options, we’ve got you covered! Just check out our list of sports betting sites for 2024 to find all of the best platforms available.
These sportsbooks come with great sign-up bonuses, a ton of betting markets, and all sorts of features to make your betting experience even better. So, check them out and find the perfect fit for your betting style and needs!
 Reviewed By: Peyton Powell |
 Fact Checked By: Mike McDermott |
Ratings Breakdown
| Bonuses & Promotions: | ⭐⭐ 2/5 |
| Banking Options: | ⭐⭐⭐ 3/5 |
| Mobile App & Website: | ⭐⭐⭐⭐ 4/5 |
| Sports & Betting Markets: | ⭐⭐⭐⭐ 4/5 |
| Safety & Security: | ⭐⭐⭐⭐⭐ 5/5 |
| Customer Service: | ⭐⭐⭐⭐ 4/5 |
| Overall Rating: | ⭐⭐⭐ 3.7/5.0 |
Pros & Cons
- Wide Range of Betting Markets
- Odds Boosts, Choke Insurance, & Other Promos
- Live Chat Option for Customer Support
- Only Available in a Few U.S. States
- No Welcome Offer Anymore
- Limited Deposit & Withdrawal Options
Betfred Promo Code & Sign Up Offer – Rating 2/5
Unfortunately, Betfred does not offer a sportsbook sign-up bonus anymore. They previously offered first-bet insurance through the “$105 on Fred” promotion, which provided a full refund of up to $105 in Fred Bets (i.e., bonus funds) if your first wager was unsuccessful.
However, with Betfred Sportsbook starting to exit more and more states, it looks like they’ve pulled their welcome offer off the table for the time being. If anything changes, we’ll be the first ones to let you know!
| Betfred Sportsbook | Bonus & Information |
|---|---|
| 🎁 Welcome Offer: | None |
| 🎀 Promo Code: | N/A |
| 🌎 Available States: | N/A |
| ✅ Last Verified: | November 2024 |
Ongoing Bonuses & Promotions for Existing Users
Although the Betfred Sign Up Offer is no longer available, there are still a few ongoing promotions for existing users. Here are some of the best opportunities available today:
- Betfred Boosts: Betfred Boosts provide enhanced odds on specific games and events, which means you can potentially get increased returns on your bets. These boosts often feature popular sports like football and basketball, allowing you to enjoy more value with your wagers.
- Pro Football Choke Insurance: With Betfred’s Pro Football Choke Insurance, you can place bets on NFL games and receive a refund in Fred Bets if your team loses after leading by 21 points or more at any point during the game. This promotion adds a nice safety net for bettors, letting you enjoy the game with a little extra reassurance.
- Betfred VIP Program: Lastly, as a Betfred VIP, you’ll enjoy personalized promotions, exclusive event tickets, and a dedicated host to make your experience even better. Members also get access to special golf outings and other unique perks. Just remember, the Betfred VIP program is invitation-only, so it’s a special reward for loyal players.
Banking Options & Payout Times – Rating 3/5
When it comes to deposits and withdrawals, Betfred Sportsbook provides a handful of safe and convenient options. Here’s a quick breakdown of everything you need to know:
Deposits
If you’d like to add some funds to your Betfred account, you can use any of the payment methods shown in the table below:
| Deposit Method | Min. Deposit | Fees |
|---|---|---|
| Debit/Credit Card | $10 | None |
| Bank Transfer | $10 | None |
| PayPal | $10 | None |
| Play+ | $10 | None |
Withdrawals
Betfred’s withdrawal methods are pretty much the same as its deposit methods. So, when you’re ready to cash out your winnings, you’ll have the following options available:
| Withdrawal Method | Min. Withdrawal | Payout Time |
|---|---|---|
| Debit Card | $10 | 2-3 Business Days |
| eCheck/Bank Transfer | $10 | 2-3 Business Days |
| PayPal | $10 | Within 24-48 Hours |
| Play+ | $10 | Within 24-48 Hours |
Mobile App & User Experience – Rating 4/5
Betfred Sportsbook currently offers a dedicated mobile app for each state where it’s currently live and available. For example, we’ve provided rating information and download links for the Betfred Iowa app a little further down the page.
The mobile app is available for both iOS and Android devices, and it provides a smooth, user-friendly experience for bettors. During my Betfred review, I gave the app a try on my iPhone, and I was surprised by how well it performed.
The interface is clean and intuitive, making it easy to find sports markets, place bets, and check on active wagers. The app also offers live betting and in-play options, which adds a lot of excitement to the experience.
However, there were a few moments where the app lagged, especially during busy times like major sports events. Despite that, the Betfred Sportsbook app is still a solid choice for bettors who want the convenience of mobile betting, and overall, I found the experience to be smooth and reliable.
Betfred App Ratings for iPhone & Android
| Store | Rating Information | Download |
|---|---|---|
| 📱 Google Play | 4.1/5.0 Stars (65+ Reviews) | Click Here |
| 🍎 App Store | 4.1/5.0 Stars (115+ Ratings) | Click Here |
Betfred Sportsbook Reviews From Everyday Users
- I Would Recommend This Sportsbook: “I have been using Betfred for a while now, and they have a good amount of betting options with some of the better odds among sportsbooks. Their customer service is one of the best. Whenever I have had a problem or question, their customer support is one of the best that I have dealt with. They have always taken care of my problems in a very fast time frame…I would recommend this sportsbook.” – S.R. (5/5 Star Rating)
- Good Customer Service Will Be What Keeps Me Here: ” I had a question on one of my bets and used the instant chat option. I had the question answered to my satisfaction within minutes. The nice promotion they have going on got me to download the app, but the good customer service will be what keeps me there.” – Rick (5/5 Star Rating)
- Good App & Decent Lines: “Good app. Decent lines. (It’s) hard to cash out, and some lines (NHL 3-Way) are unavailable. Otherwise, no issues. Customer support is great.” – Zach (4/5 Star Rating)
*Note: All of these Betfred reviews were provided by real users on the App Store or Google Play Store.
Betfred Sports Betting Markets – Rating 4/5
In this next section, we’ll take a closer look at the betting markets offered at Betfred Sportsbook. We’ll cover the sports and leagues available as well as the types of wagers offered. Let’s dive right in:
Sports & Leagues Covered
| Sport | Leagues |
| 🏀 Basketball | NBA, NCAAB, WNBA, EuroLeague, & More |
| 🏈 Football | NFL, NCAAF, UFL, CFL |
| ⚾ Baseball | MLB, NCAA, NPB, KBO League |
| 🏒 Hockey | NHL, KHL |
| ⚽ Soccer | MLS, NWSL, Premier League, Champions League, Serie A, & More |
| ⛳ Golf | PGA, LPGA, LIV |
| 🎾 Tennis | ATP, WTA |
| 🥊 MMA & Boxing | UFC, WBA |
| 🏎️ Motor Racing | NASCAR, Formula 1 |
| 🏏 Cricket | Indian Premier League, ICC World Cup |
As you can see, Betfred covers all the major sports and leagues you’d expect, and then some.
From big names like the NFL, NBA, and Premier League to more niche options like the KBO League and cricket, there’s plenty of variety. Whether you’re into football, basketball, or international soccer, there’s something here for everyone.
That being said, it would be nice to see a few more niche sports, like darts, handball, or esports, for those who like to bet on something a little different. Adding those could make the selection even more appealing for bettors who enjoy stepping outside the mainstream.
Types of Bets Offered
Betfred Sportsbook gives you plenty of options when it comes to placing wagers, so whether you prefer simple bets or like to get more creative, there’s something for everyone. Some of the popular bet types you’ll find include:
- Moneyline
- Totals (Over/Under)
- Point Spreads
- Parlays
- Same Game Parlay (SGP)
- Cross Game Parlay
- Round Robins
- Futures
- In-Play Betting
- Teasers
- Alternate Lines
- Props
A great feature Betfred offers is Early Cash Out, which lets you close out your bet before the game or event ends. It’s a helpful option if you want to secure your winnings or cut your losses early. It definitely adds an extra layer of control to your betting experience.
Safety, Security, & Fairness – Rating 5/5
When you’re choosing an online sportsbook, safety and security are top priorities, and Betfred Sportsbook delivers on both fronts.
The platform uses advanced encryption technology to protect your personal and financial information, ensuring a safe betting environment. Betfred is fully licensed and regulated in each state it operates, so you can trust that it adheres to strict industry standards.
In terms of fairness, Betfred offers transparent odds and fair payouts, giving you peace of mind when placing your bets. With its strong track record and commitment to protecting users, Betfred earns a solid 5/5 for safety, security, and fairness.
Now, allow me to answer a few other important questions on the topic!
Is Betfred Sports Legit?
Yes, Betfred Sportsbook is completely legit.
It’s a well-established brand with decades of experience in the betting industry, originating in the UK and now expanding into the U.S. markets. Betfred operates under strict state regulations, meaning it meets all the legal requirements for online sports betting in the areas it serves.
The sportsbook also holds the necessary licenses in each state, ensuring it operates within the law and under the supervision of state gaming commissions. With its strong reputation and secure platform, you can trust Betfred to offer a legitimate and safe betting experience.
Who Owns Betfred Sportsbook?
Betfred is owned by Betfred Group Ltd., a UK-based company founded by brothers Fred and Peter Done in 1967. The company started as a small bookmaker in Manchester and has since grown into one of the largest independent bookmakers in the UK.
With its expansion into the U.S. market, Betfred continues to leverage its extensive experience and strong brand reputation to provide a reliable sports betting platform for American bettors.
Where Is Betfred Legal in the USA? Full List of States
Betfred’s online sportsbook is currently available in just two U.S. states:
- Iowa
- Pennsylvania (operates in partnership with Wind Creek Casino)
Betfred had previously been available in Arizona, Colorado, Louisiana, Maryland, Ohio, Virginia, and a few other U.S. states.
However, they have since scaled back their operations, and it appears as though the sportsbook is heading toward a complete exit from the U.S. market due to increased competition and evolving market dynamics.
Betfred Customer Service & Support – Rating 4/5
If you ever have any problems, questions, or concerns, you’re in good hands with Betfred Sportsbook! You can seek help from the Betfred customer support team in the following ways:
- Live Chat: Available on the Website & Mobile App
- Email: Varies By State (You can find the list of emails here)
- Phone: N/A
During my review, I decided to reach out via live chat to ask a couple of questions about Betfred’s sign-up bonus for new customers. I was pleasantly surprised by how quickly I got a response. The representative was not only friendly but also really knowledgeable, giving me clear answers to all my questions.
While it would be nice to have a phone support option, the live chat feature makes it easy to get assistance when you need it. The email support is tailored by state, so you’ll get relevant help based on where you are.
How Does It Compare to Other Sports Betting Apps?
Now that you’ve learned all about Betfred Sportsbook, let’s find out how it compares to other popular sportsbooks in the USA!
Betfred vs DraftKings
First up, we’ve got DraftKings Sportsbook. Although Betfred deserves credit for its competitive odds and above-average customer service, DraftKings has several major advantages.
For starters, DraftKings offers a wider range of betting markets, especially when it comes to prop bets. This means you’ll find plenty of options for wagering on specific player performances or unique game events, which adds an extra layer of fun to your betting experience.
Plus, DraftKings has an impressive rewards program where you can earn points for every bet you place. These points can be redeemed for bonuses and other great rewards, making it a more appealing choice for frequent bettors.
Betfred vs FanDuel
Another popular option is FanDuel Sportsbook. While Betfred has a lot to offer, there are just a few areas where FanDuel really shines!
First off, its mobile app is super user-friendly, making it easy to place bets whether you’re a seasoned pro or just starting out.
Plus, FanDuel Sportsbook always offers one of the best sign-up bonuses around, which is a nice perk for anyone looking to get started. With these advantages, many bettors find that FanDuel provides a more enjoyable experience overall compared to Betfred.
Betfred vs bet365
Last but not least, we have bet365 Sportsbook. Just like Betfred, bet365 is rooted in Europe and has a solid reputation in the industry. While both platforms have their strengths, bet365 shines with its live betting experience, making it easy to jump in and place wagers as the action unfolds.
Plus, bet365 keeps things fresh with a variety of ongoing promotions, adding more value to your betting experience. If you’re looking for a platform that offers a little extra engagement and excitement, bet365 could be a great option.
Final Thoughts & Overall Rating: 3.7/5.0
And there you have it! We’ve covered everything you need to know about Betfred Sportsbook and what it has to offer.
Overall, it offers a solid experience with a wide range of betting markets, exciting promotions for existing users, and top-notch customer support.
While it seems to be facing some challenges in the U.S. market, particularly as it pulls back from certain states, it’s still a decent choice for bettors in Iowa and Pennsylvania.
With a solid 3.7/5.0 rating from our team here at ATS.io, it clearly has its strengths, and for those in the right states, it can be a worthwhile platform to try out!
Betfred Sportsbook FAQ
Yes, Betfred does pay out winnings and is committed to following industry standards as a licensed sportsbook. Most users have had good experiences with timely payouts, but it’s always a good idea to check the withdrawal terms to know what to expect.
To create an account, visit the Betfred website or download the app, and follow the registration process. You’ll need to provide some personal information and verify your identity.
Yes, Betfred has a dedicated mobile app available for both iOS and Android devices, providing a user-friendly experience and access to all betting options.
