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Betfred Reviews & Ratings US 2024

Is Betfred Reliable & Secure?

Betfred has built a solid reputation over many years, first as a betting shop, and later with a comprehensive online offering. They started in the UK and are now one of the largest global bookmakers.

These are great indicators in answer to the question is Betfred reliable. The sportsbook provides betting opportunities for popular sports and niche areas, including horse racing, eSports, and entertainment.

Just by taking a look at the Betfred ratings, you can see why customers keep coming back. They have particularly good options for horse racing and excellent promotions beyond the welcome bonus. Betfred US delivers on more than that, though, as it has reliable payout times and good customer support too. Should you wish to see what other bookmakers are providing their clients, take a look at some of our operator reviews for Betvictor, Bet365 reviews, Boylesports and Bruce-Betting.

Is Betfred Reliable & Secure?

Betfred has a longstanding reputation in the betting industry, which is the first sign that the operator is reliable. Other encouraging factors for customers are that the site is licensed and regulated by the Northern Territory Racing Commission.

A smooth experience is crucial to enjoying any online gambling site, which is why having customer support available 24/7 is reassuring. Betfred offers a good selection of payment methods, which is reassuring to see in an online bookmaker.

Betfred sports
Betfred: Pros & Cons
  • Great website and mobile application
  • Good horse racing betting including Totepool
  • Fast payment deposits and withdrawals and plenty of choices
  • Aesthetically pleasing user-interface
  • Popular event markets are more limited than other bookmakers
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Welcome Bonus

A sure-fire way to attract bettors is with an appealing welcome offer. Many sports betting sites compete for custom in this way. To stand out from the crowd, you also need to keep the promotions coming. One of the most attractive features of Betfred US is the betting offers.

Betfred reviews praise the welcome bonuses for boosting your bankroll upon signing up for an account. This means that customers who are signing up for an account for the first time can make a deposit, place a bet, and benefit from some free bets in return. This is a great way to get to know the site and have some fun without it costing a lot.

Betfred ratings often are boosted due to their generous ongoing promotions. There are a few soccer bonuses, while the rest focus on horse racing, including free bets if the horse you picked gets beaten by a neck or less.

At this point you may be thinking of signing up with Betfred, should this be the case you will need to know how to get your account setup with this bookmaker. We have provided a step-by-step guide on how to get started with Betfred for you so that you can jump right into your betting experience with them.

Betfred Mobile App

The Betfred mobile app offers competitive odds and diverse betting markets for its users to take advantage. The app can be used for both IOS and Android phone users. Furthermore, the app offers live in-play betting, as well as live streaming to catch all the sports you are betting on. Betfred have put together a mobile app that has just about everything a punter would need for a quality on the go betting experience. Should these features interest you, here is a step by step guide on how to sign up with Betfred:

How to Open Your Account

Step 1: Click on the “sign up now” button near the top of the Betfred homepage which will take you to the registration page.

Step 2: You will then be required to fill in a simple form with your name, surname, email, date of birth, location details, contact number and then your username, password and security question. Lastly you select which currency you would like to use.

Step 3: Tick the boxes that say you are over 18 and that show you agree to the terms and conditions of Betfred. Once you have completed all of this, you are now a member of Betfred.

Payment Methods

Betfred US accepts deposits through a variety of payment methods. You should use the same payment method for making a deposit and withdrawing. Additional identity checks may be required for different methods, which can add to the withdrawal time.

Bank Transfer
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Customers can choose from e-wallets such as Neteller, Skrill, and Paypal as well as credit cards and bank transfers. The minimum deposit for most methods is $5, although bank transfers are $85. Betfred doesn’t apply a fee apart from on bank transfers below $170.

Withdrawals can take up to 48 hours to be processed, with some methods taking a little longer to show in your account. The minimum amount you can withdraw from your account is $5, but if you are trying to do a bank transfer, then the minimum withdrawal is $25. The maximum withdrawal limits are generous, and there is no limit for bank transfers. You can make one free bank withdrawal every 28 days; fees apply to additional withdrawals.

How to Make Your First Deposit

  • Once you have set up your Betfred account, you can now make your first deposit of funds by selecting the “deposit” button on the homepage.
  • You will then be taken to a page that shows you all the various payment methods Betfred offers as well as the minimum and maximum deposits allowed, select your preferred method.
  • Lastly, enter your payment details and choose the amount you wish to deposit into your account. Be sure to check your balance on Betfred account to make sure the deposit has successfully gone through.

How to Withdraw Your Winnings

  • To withdraw winnings you will need to first select the small icon next to the “deposit” button at the top of the homepage.
  • Once it has taken you to the next page, select the “withdraw” button where you will be required to choose your withdrawal method. You will need to select the same method that you used to make your initial deposit.
  • Finally, enter the amount you wish to have withdrawn from the account and you have now completed your withdrawal transaction.

Customer Service

Getting the right support is crucial, and Betfred US makes an effort to be available to answer customer queries. The FAQ section is impressive, and it covers the basic topics in-depth and has some extra information to assure and inform customers in particular circumstances.

If the answer can’t be found in the FAQs, there are several ways to get in touch with Betfred to clear up an issue or ask a question. There is a 24/7 live chat, which provides a fast response. Alternatively, there is a phone line for overseas users and a support email address.

Support is available in English, and the operators across all support methods are polite, professional, and helpful. VIP members can use the 24/7 mobile contact option, and queries are handled by the dedicated VIP team or an account manager. They also benefit from faster withdrawals.

License & Security

When it comes to answering the question is Betfred secure, several elements were analyzed. Betfred reviews reveal that the operator is licensed in the UK and Gibraltar. The Gibraltar Gambling Commission acts as the regulator for Betfred US.

Virginia (US) Lottery Board
UKGC - UK Gambling Commission
Nevada (US)
Colorado (US)
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While a license is an important sign of a legitimate operator, there are other factors to look out for. Betfred ratings are enhanced due to Betfred being part of the SecureTrust Trusted Commerce program, showing that they abide by security standards.

They test their security systems with regular independent audits. The Betfred privacy policy explains how they use data and keep it secure.

The company is committed to responsible gambling, including the protection of minors. There is an account verification process where customer details are checked to ensure that they are over 18.

Betfred works with the International Betting Integrity Association, as well as GamCare,, and GamStop. Betfred ratings are boosted when compared to similar sites because these sites keep everything fair, and in the event of a gambling problem developing, they serve as a great resource to use to end gambling addiction. Check out how we answered the question “is TwinSpires secure?” for a comparison of security measures on another bookmaker’s site.

Rewards & Loyalty Programmes

There isn’t a specific loyalty program for customers at Betfred, which has been reflected in the Betfred reviews, although there are ongoing promotions to take advantage of regularly. For example, there are bonuses for placing a Yankee bet and picking them all correctly.

This operator has a VIP program; however, they don’t make it clear how to qualify for this program. To become a VIP, customers often need to deposit at least once a month, and place bets above a certain amount and not just on low odds.

Other criteria often include placing several in-play bets, and typically there will be a KYC or know your customer process to prove you are who you say you are and have legal possession of the funds used to place your bets.

The Betfred US VIP program gives customers enhanced sports offers, as well as exclusive events, invites including hospitality, and race day passes. Members will gain access to exclusive competitions and enhanced in-play offers, with more chances to have fun and win. Service comes at a VIP level, too, with a dedicated account manager and VIP team.

Betfred Horse Betting

Betting Markets

When compiling the Betfred ratings for sports betting, several key factors that impact a bettor’s experience on the site were looked at. From markets and odds to streaming and bet limits, most walk away feeling as though Betfred is a great site for sports betting.

The coverage of Betfred is international when it comes to sports. This has two advantages, there is a wide choice of sports to bet on, and there is usually sports activity around the clock. When one season ends, another sport of league will be getting underway.

As well as the great UK, Ireland, and international horse racing options, bets can be placed on American football, baseball, ice hockey, boxing, and so much more. Betfred reviews praise how this site allows people to place bets on events like the Kentucky Derby, Cheltenham, and the Grand National, while also being able to bet on who will win the Super Bowl.

Each sport has betting options for the main events and the most popular leagues, but will also offer a second and third option, such as NCAA in football and basketball or ATP, WTA and ITF in Tennis.

The choice is wide enough to keep a bettor interested but isn’t vast, so players might find themselves limited eventually. The betting types are a smaller range than other sites, so placing the exact bet you want to wager may prove to be challenging.

Live Betting

There is a dedicated in-play betting section on the Betfred US website. This is split into different sections depending on the activity at the moment. Live scores and odds for a variety of sports, including horse racing, soccer, and basketball are available. In this section, you can take a look at what was coming up next and find a sport to stream live.

Not all of the sports on offer have live streaming, but there is a small selection of events that can be viewed online, horse racing, for example, has streams on the Betfred US site. The odds for a straight bet are displayed, but it is possible to click to see more bets, for example, an over/under on the number of goals scored, or the correct score.

The live center has an animation showing you the action, and players can add sports to their favorites section to make them easier to find. Overall, this makes the in-play betting quick and easy to use. Several bets offer a cash-out option allowing players to guarantee some money or cut their losses, which is shown using a symbol to identify which bets qualify quickly.


Most sports have odds that are in line with the market. For British and Irish horse racing, Betfred provides an odds guarantee, and bettors can take advantage of daily price boosts. These are applied across several different sports, and good deals can be found each day.

Betfred offers something different for those who want to bet on horse racing. Their Totepool system is a peer to peer betting mechanism. There are several different types of bets, including win/place, jackpot, and scoop6. Bettors’ stakes go into the pot, and minus a small deduction for Betfred, the winners share the win pool amount from the pot.

Betfred provides excellent soccer odds for live betting and pre-match betting when it comes to European and UK leagues and competitions. The live betting has payout percentages of around 96%, whereas pre-match betting sits at around a 94% payout.

Tennis odds on Betfred are aligned with the market average, although perhaps at the lower end, however, smaller tournaments didn’t suffer from worse odds. Basketball odds are more favorable, making Betfred a good choice here as they range from around 92% to 94% in terms of payout percentages.


The minimum and maximum bet amounts aren’t clear, according to the Betfred reviews. Bettors need to check the limits for each sport. The amounts are defined by the odds and selection in the bet slip.

It’s important to note that Betfred sets the maximum bet by the maximum payout. British and Irish horse racing has a maximum payout of $1 million, and other races have a maximum payout of $50,000, for example.

Sportsbook Conclusion

Sports betting at Betfred US overall is a rewarding experience. The bookmaker’s weaknesses are the number of different bet types available for each sport, as well as the range of live streaming available, and the lack of easy understanding of bet limits.

However, Betfred ratings are boosted because there are many strong points. These include the Totepool betting option for horse racing, the excellent live soccer odds, and an efficient live center for in-play betting.

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Overall Conclusion

Following the review of the sports betting, casino, and poker room, Betfred reviews are favorable and provide users with a secure and reliable site. When it comes to Betfred ratings, it scores highly in terms of horse racing betting options and promotions, particularly thanks to the Totepool.

Betfred has several other strong points, and the site is highly recommended to prospective bettors. The quality and variety of each of their services are backed up by good customer service, good promotions, and excellent design and graphics.

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