Betfred Sports Bonus
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  • Quality mobile app
  • Best odds guaranteed on horse racing bets
  • Maximum of £1,000,000 can be won on horse racing

Betfred Review 2020 & UK Horse Racing Rating

Comprehensive Betfred Horse Betting Review

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 a 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.

Betfred Pros & Cons
Betfred Pros & Cons
  • BOG for all UK and Irish horse races
  • Good range of betting markets
  • Other offers relating to multiples
  • Handy welcome bonus for new customers
  • No horse racing bets in-running

Betfred Welcome Bonus

If you open account with Betfred via sportsbook and deposit and place a first bet of £10 at odds of evens or greater you get £30 in bonus bets. These will be credited within 10 hours of your first bet being settled. You can use your bonus bets on any sports market you like. 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 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 offer enhanced place terms on selected races. It applies only to 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 you winnings. Simply follow the instructions below.

Usability, Look & Feel

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 £30 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!

License & Security

Let us address the most crucial questions like “Is Betfred secure?” and “Is Betfred reliable?” in this part of our Betfred reviews.

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 Sports Betting

Betting Markets

If something else besides betting on horse racing appeals too, then there is plenty to choose from on the Betfred site. Their sportsbook caters for a whole range of other sports, and they have some great offers available on football to boost bet winnings. Betfred also has a poker section, along with Casino and Live Casino. It’s Bingo and Games platforms are also popular, and there is even virtual sports and lottery betting.

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.


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.

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 and compare in-play betting to your standard wagers before sporting events.

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.

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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 offers a great overall package.

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.

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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