Betfred Horse Betting Bonus
Go to Betfred Horse Betting
  • Bet £10 at evens, get £40 bonuses
  • "Bonus King" bookie has wealth of offers
  • One Winner Bonus protects system bets

Betfred Review 2024 & UK Horse Racing Rating

Comprehensive Betfred Horse Betting Review

Cheltenham Special: Bet £10 Get up to £50 in bonuses! This is currently in place of the usual welcome bonus.

If you want a classic and well-rounded betting site with daily horse betting offers, then Betfred is just the ticket you’re looking for.

Given the fact that you can find enhanced place terms on selected races every day, it should come as no surprise that our Betfred horse racing review has pitted Betfred up there with the crème de la crème of horse racing sportsbooks. 

betfred review uk
Betfred:The good stuff (and not-so-good)
  • £40 Sign Up Bonus
  • Daily Enhanced Place Terms
  • Wealth of other offers on horse racing & other sports
  • Great offers relating to multiples
  • No in play betting on horse races

Betfred hasn’t earned the name of the Bonus King for no reason, and so the sheer number of offers is too many to list in a mere introduction. But not to worry, we’ll skip past the formalities of historic facts to tackle the £50 sign-up bonus, enhanced place terms and more!

Introducing Betfred

Betfred is one of the largest independent bookmakers in the world. Its co-founder Fred Done became known as The Bonus King for his offers, and when it comes promotional bonuses they know what the customer wants. Horse racing is the main component of an extensive sportsbook on an easy-to-use website and mobile App. The firm aims to make placing your bets a simple and enjoyable experience.

Betfred has humble beginnings. Fred Done and his brother Peter started the business with a first shop in Salford, Greater Manchester back in 1967 purchased with funds from a bet on England winning the 1966 World Cup. Since then then it has grown to be one of the largest independent bookies in the World. The head office is in Birchwood, Warrington, and they have over 1,600 shops. In 2004, Betfred launched their digital platform Betfred.com and to offer sports betting, online casino, online games, bingo, lotto, online poker and virtual sports as well as pool betting. In 2011, Betfred purchased The Tote for £265,000,000. It has also been a key sponsor of horse racing for a number of years.

Our Betfred horse racing sportsbook review looks at what makes them a good choice to place your bets with. A wide range of payment options, customer service regarded as excellent and responsive, an easy to get sign-up bonus, and huge choice of horse racing markets and best odds guaranteed are part of what makes Betfred racing a popular choice. They also have offers for existing customers and the Betfred withdrawal time is quick.There is is also a Betfred racing results checker on site if you are unable to watch your selection in action, and this is quickly updated after each race. Betfred horse racing early prices are also very competitive and they often go top price guaranteed on big races.

Know Your Bookmaker

As part of our Betfred horse racing review we also want to let you know all about the promotions and offers available. These include best odds guaranteed, top price guaranteed on certain big races, and extra places of selected races daily. We will also look at the cash-out options available and how long does Betfred take to pay out on winning bets, We want to cover all bases so that we can give Betfred a horse racing rating based on authentic and genuine user experience of their product. That should paint a clear picture and help you to decide if they are the bookmaker for you to have a bet with.

CompanyBetfred & Oddsking
Headquarter5/2 Waterport Place, Gibraltar
Year of Founding2004
CEOJoanne Whittaker
Web Sitewww.betfred.com
Available LanguagesEnglish
Customer SupportLive Chat, Email Support
Phone+44 (0)1925 878269
UKGC - UK Gambling Commission
Verified byIBIA (International Betting Integrity Association)
IBIA (International Betting Integrity Association)
Payment Methods
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Betfred Welcome Bonus

If you open account with Betfred via sportsbook and deposit and place a first bet of £10 at odds of evens (2.0) or greater you get £50 in bonuses. These will be credited after your first bet being settled, providing you use the Betfred bonus code ‘WELCOME50‘. You will receive Free Bets: £20 In-Play, £20 Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours of settlement. The promotion is only available to customers from the UK, including Northern Ireland, and bonus bets expire after seven days. Customers must deposit via debit cards only with all eWallet services and pre-paid cards not eligible for the offer. Bonus bets are not included in any returns and are non-withdrawable. A full list of terms and conditions are available on the website.

Each day Betfred offers enhanced place terms on selected races. It applies only to the win or each-way market. As well as singles, multiple bets also count in this offer, which is a great boost for punters. The extra place terms depend on the number of runners and full details are available on the website. Available for bets placed via website and App.

So you want to start betting with Betfred racing and want to know how to open an account? As part of our Betfred horse racing review we have provided an easy step-by-step guide to help you do just that. We will also take your through the deposit to sportsbook process and how to place your first bet, as well as guide you through the process to withdraw your winnings.

New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.

Usability, Look & Feel

How does the Betfred website compare to our Betfair sports review and NetBet sportsbook review findings? Betfred has a busy but not cluttered feel to its sportsbook which has become very mobile friendly in recent years. Horse racing is access via the sidebar menu with buttons you click and tap for races by time. There are also tabs for future racing by racecourse. The Betfred sports app, meanwhile, is available on iOS and Android.

You get access to a huge range of horse racing and sports markets and it’s packed with features like in-play betting, Cash Out and QuickBet. You can get live streaming of all UK and Irish race meetings at a cost of £1 per race. If only the user interface was a little cleaner and  laid out better, this could be great for punting on the go.

How To Open Your Account

Step 1: Click the green ‘Sign Up’ in the top right-hand corner of the home page to start signing up to Betfred and fill your personal details in on the registration form.

Step 2: Create a username and password which are memorable to you, but not so obvious that someone else could guess them. Choose a security question and answer.

Step 3: Once all the required fields are filled, tick the two boxes at the bottom of the page to  confirm you are over 18 and agree to Betfred’s terms and conditions.

Payment Methods

There are a wide variety of methods you can use to deposit and withdraw funds from your Betfred betting account. These include all major debit cards, Skrill and Neteller. There are no fees involved. When depositing funds the minimum is £5 and it is processed immediately. When withdrawing the minimum is £5. All withdrawals are subject to Betfred standard security checks and can take up to 48 hours to be processed. Due to Card Scheme Rules and Anti Money Laundering Regulations withdrawals will be paid back to the deposing method, if this is not possible Betfred can request additional documents from you.

How To Make Your First Deposit

  • Log into your account and click the green “Deposit” button in the top right corner.
  • Choose a payment method. This must be debit card to immediately get bet £10 get £50 sign-up bonus.
  • Fill in the relevant card details and the click the green deposit button which corresponds with you chosen payment method.
  • Enter the amount you want to deposit, must be £10 to get sign-up bonus, and click confirm.

How To Withdraw Your Winnings

  • Access your account balance information by clicking the small profile icon next to the “Deposit” link in the top right hand corner of the page.
  • Click on the “Withdraw” button which is next to the withdrawal method you want to use. If the same as used to deposit, then the information should be saved.
  • Enter the amount you wish to withdraw and click the green “Withdraw” button to complete the process.

Customer Service

One thing Betfred has always done well it is its treatment of customers. The Contact Us tab is easy to find at the bottom of the page but the contact options are also repeated in other sections of the site. A number of methods of contact are available including telephone and email.

There is also a FAQs section offering a range of solutions to  common problems that can be solved quickly without the need of asking the help of a customer service advisor. Betfred also have a 24/7 live chat helpline, so it’s fair to say they having everything covered! See how well they stack up against another bookmaker by checking out our PointsBet US review.

License & Security

Let us address the most crucial questions like “Is Betfred secure?” and “Is Betfred reliable?” in this part of our Betfred reviews. We also asked ‘Is SponsioBet genuine‘ here.

License: As we mentioned earlier, Betfred was established way back in 1967. A scam or fraud cannot run for very long. The company has a license from the UK Gambling Commission, whose license is the most difficult to obtain and is valid for numerous countries across Europe.

The site uses of Verisign SSL encryption to ensure all financial and personal data and private information is 100% secure. Betfred is very serious about protecting minors. You must be over the age of 18 years to register on Betfred. It is a serious offence for anyone below 18 to play on Betfred. They use sophisticated software and procedures to avoid underage play on their site.

Betfred is certified by TST and eCOGRA, indicating that all the casino games, the RNG and RTPs, are regularly tested and monitored. Betfred believes in Responsible Gaming and is associated with GamCare, making sure that punters have resources to help in case of addiction. Betfred also won the 2018 Annual Playtech Award.

Betfred Horse Betting

Betting Markets

Live Betting

At Betfred you can place a bet on a horse and watch via live streaming. The minimum bet for this service is £1 per race. The firm also has a section dedicated to in-play betting. This does not include horse racing but football, tennis and basketball feature among a variety of sports covered and streaming on these are free. Apart from no horse racing, it’s hard to fault the in-play section. You may want to look into our Racebets review for more on horse racing bets in-running.


Betfred offer Best Odds Guaranteed on all UK and Irish horse racing. So, if your selection goes off at a bigger starting price than when you backed it, your bet will be settled at the higher odds. Owner Fred Done has also become famous for his price pushes on horses he wants to take on at big meetings. For a limited period of time this gives you the chance to back a well-fancied horse at a bigger price. Check out our SportNation ratings for odds here.

Betting Margins

At Horsebetting.com we are committed to ensuring that you enjoy your betting experience and do as well as possible. As part of that help, we are going to compare betting margins for you. Check all the info out in the table we have provided below which we regularly update. That way you can maximise the profit on offer across the sportsbooks.

Getting an understanding of betting margins on top gambling sports like horse racing is really helpful before you place your bets. The table features handy percentages that are easy to understand. You may also find it useful to compare Sporting Index reviews to the offerings here with Betfred.

Betting Limits

Betfred lets you set your own deposit limits to ensure responsible gambling. The maximum you can win varies depending to the sport and bet. On UK and Irish racing it is £1,000,000. The maximum for Ante Post bets is £250,000. It’s best to check the various limits on their website before placing your bet. The minimum stakes for multiples is 1p. The minimum deposit is £5 and it is the same figure for withdrawals. If you are wondering how long does Betfred take to pay out, it aims to get withdrawals processed and in you bank within 48 hours.

Betfred Review FAQs

🔖How do I create a Betfred account?

Online betting sites have tailored the entire online betting process. As such, you’ll quickly realise just how easy it is to create an account. Bear in mind that you will need to follow the operator-specific registration process; although it rarely differs that much. You can read our Betfred horse racing review to find out exactly how you can create an account.

🏇Does Betfred offer horse racing betting?

Betfred is a prominent online sportsbook in the UK. The operator has included a number of different sports betting options. Thus, you’ll be able to bet on a wide expanse of markets. To find out if you can bet on horse racing, read our latest Betfred review. At Horsebetting.com, we leave no stone unturned. You’ll be able to use our betting-related resources for all of your queries and interests.

💎Can I join a Betfred VIP programme?

Established online betting sites have included enticing loyalty programmes for existing customers. This enables customers to get bang for their buck. Our latest horse racing reviews cover any additional rewards programmes that may be of interest to you. All that you need to do is ensure that you take the time to read our coverage.

❓Is the Betfred site reliable?

It’s important that you always sign up with a reliable and trustworthy online betting site. There are always those platforms that are willing to skirt regulation and cut corners. These sites will certainly not protect you against unlawful acts and may put your data and real money funds at risk. For this reason, we recommend that you read up about an operator before registering an account. Our latest Betfred review will help you pinpoint whether this site is reliable.

💯Can I cash out with Betfred sportsbook?

Cashing out is a great feature for those looking to secure a profit. You’ll find that a number of bookies include this option on their site. However, many bookmakers will limit your cash out opportunities. In actual fact, you might not be able to utilise this option. Thus, we recommend that you read the Betfred review from us at Horsebetting.com to find out more.


We finish our Betfred horse racing review by recapping on what they have to offer. Betfred horse racing early prices are great because they also offer best odds guaranteed  on all UK and Irish meetings, so you don’t lose out if your horse drifts to a bigger price than the one you took. Promotions, such as extra places daily on certain races, also figure heavily in a bid to please the punter. With round the clock customer support, diverse payments methods, as well as casino and gaming opportunities the Betfred site is one of the top horse betting sites.

Betfred have gained a reputation for being one of the best and reliable in the business thanks to their excellent customer service. When it comes to their offers and promotional bonuses they know what the customer wants. Depositing and withdrawing is also a quick and simple process and their is support on hand 24/7 if you need it. With so many markets on offer there is something for everyone, and Betfred have done a good job making betting with them a fun and enjoyable experience. The sportsbook could be a little less cluttered and more mobile friendly, however.

For a fair comparison between providers, head on over to our Sponsiobet rating review to find out more about another popular betting provider. Otherwise, head on over to the Bwin welcome bonus code offer.

Have you’ve got a story to share with us about your betting experiences on the Betfred site? If so we would love to hear a from you. Write to us and post your own review below.

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Go to Betfred Horse Betting
  • Bet £10 at evens, get £40 bonuses
  • "Bonus King" bookie has wealth of offers
  • One Winner Bonus protects system bets

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