Betfred

About Betfred

Betfred is one of the rare names that British people of all ages seem to be acquainted with. Founded in 1967 by the Done brothers, Fred and Peter, the brand had humble beginnings, as they took on the gaming industry with a single shop in Salford. Over the years, they’ve expanded to have a splendid bookmaker portfolio by developing a great online sportsbook, with additional sub-brands devoted to casino games, poker and much more.

Betfred is known for having an absurdly highly payout rate, especially on football bets. As of November 2019, they offer a 96.5% payout, which is a significant amount when compared to many other global gaming brands. The minimum deposit is £5, which is less than the usual £10/£15 which most bookmakers have as a limit.

The first thing you realize upon venturing to Betfred.com is that the website is very user-friendly. Their mobile app, if you wish to try out gaming on the go, is also impeccable. It even won a nomination for the Best Casino & Sportsbook App at the 2017 Gaming APP Award, which says a lot about their customer-oriented approach.

With Neteller, Skrill, credit cards, bank transfers, and even PayPal, Betfred has everything you expect in terms of payment and withdrawal methods. If you encounter any kind of problem, customer support is available 24-7 via email, live chat and two phone lines. All of this makes them a truly solid bookmaker, in every sense of the word.

Sports and Betting Odds

Betfred offers many sporting events for users to place bets on. Among the covered sports are: American football, Australian Rules, baseball, basketball, boxing, cricket, cycling, darts, e-Sports, football, Gaelic football, golf, greyhounds, horse racing, hurling, ice hockey, lottery specials, motor sports, politics, pool, Rugby League, Rugby Union, tennis, UFC, MMA, virtual sports. Betting odds at Betfred are competitive overall. Soccer betting margin is 3.5%, tennis betting margin is 5.9%, ice hockey betting margin is 4.7%, basketball with 5.5% and so on. The overall betting margin is 4.8%. These betting margins have been calculated using odds from different events in each sport. Please note that margins may be different from a sport to another, and even from a league to other.

Betting Features

If you’re looking for an unprecedented number of sports and different bets, Betfred still falls behind other brands such as Bet365 and BetVictor. The market depth per individual sport is not that great either, but they seem to cover all the necessary events and leagues, across 25+ sports. What you might find interesting is the vast number of prop bets you can place, especially on football events.

There is also a Cash-Out Option, as well an array of in-play bets to be placed. While a lot of websites have a limited array of live betting options, Betfred have cleverly created an entire live betting section, without any limitations whatsoever.

Security and Fairness

Licensed by both the UK Gaming Commission (UKGC) and the Gibraltar Gaming Commissioner (GGC) (license nos. 036 and 039), Betfred belongs to the esteemed echelon of bookmakers who have a double license. What does this mean for you exactly? Well, for starters, the UKGC license means that the site is specifically catered to punters from the UK, as well as the fact that it adheres to the notoriously strict regulations imposed by this regulative body.

While Betfred doesn’t specify any fairness verifications bodies that the website is in compliance with, they do claim that all of their bets and games are overseen by a testing house approved by both the UKGC and the GCC. Their track record with handling complaints is about as good as it gets, so you can be sure that safety and security will not be an issue.