Betfred Promo Code – WELCOME40 – Bet £10 Get £40 in Bonuses

Betfred is known as the “Bonus King” in the gambling industry, and they have done it again with their latest sign-up offer. Our team of sports betting experts explain how you can get your hands on £40 worth of free bets when you use the WELCOME40 promo code.

Betfred Promo Codes and Sign Up Offers – October 2023

Offer Name	Offer details	Link	Terms & Conditions
Betfred Sport Sign-Up Offer	Get £40 in bonuses when you stake £10	WELCOME40	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.
Betfred Bingo Sign-Up Offer	Bet £10 get £10 Bingo Bonus plus 100 Free Spins no wagering on your winnings	BINGO100	New customers only. Register with promo code BINGO100. Minimum deposit and stake £10 on Bingo Tickets within 14 days to qualify. £10 Bingo Bonus must be wagered through once. 14-day expiry. Bonus Balance is used prior to Cash Balance. 100 Free Spins on selected Slots credited within 48 hours of qualification. Free Spins expire after 7 days. E-Wallet & Prepaid Card restrictions apply. SMS validation may be required. Full T&Cs apply.

How to use Betfred’s new customer offer this week.

With a weekend of international football on the horizon, we’re placing some bets on the Euro 2024 qualifying action below.

Selection	Stake	Odds & Returns
Nottingham Forest vs Everton – Draw	£10 qualifying bet	£10 bet @ 9/4 returns £32.50 here
Newcastle vs Man Utd – Home win to nil	£10 free bet	£10 free bet @ 12/5 returns £34 (free bet stake not returned) here
Liverpool vs Fulham – Darwin Nunez to score first	£10 free bet	£10 free bet @ 4/1 returns £40 (free bet stake not returned) here
Chelsea vs Brighton – Draw & BTTS	£10 free bet	£10 free bet @ 18/5 returns £36 (free bet stake not returned) here

Betfred Promo Code Explained

Betfred was founded as a sports betting company with two main goals: making gambling fun and offering the best customer service. Those ideals have carried the business through the generations, moving from in-store betting to online gambling. Today, Betfred is known as the bonus king, and one look at the welcome offer shows why. This sportsbook sets the standard when it comes to promos and free bets, so you’d expect their flagship welcome offer to be something special, and you’d be bang on the money.

The Betfred promo code offer leaves most of the competition choking in their dust. It really is that good when measured against other top bookies. Great news, your free bet welcome bonus is available now. If you are a new customer of Betfred, you can create an account and secure your offer in minutes. If you already have an account with this sportsbook, no matter how old it is, you won’t be eligible for the new customer deal, but there are many regular promos you can take advantage of.

To claim your £40 in bonuses, you should click any link on this page to the Betfred site then follow the steps posted in the next section of this article. Betfred covers all major professional sports, but they love football and horse racing, making no apologies. So you can use your £40 welcome bonus on the horse racing or football fixtures of your choice, enjoying great odds.

Why is the welcome bonus so popular? There are a few reasons behind the popularity of Betfred and the promo code offer. First, bettors love how easy it is to sign up and get your share, taking minutes on your desktop or mobile. The offer can be used on hundreds of sports fixtures, and there are no complications when it comes to withdrawing your winnings. It’s also an affordable way to try out Betfred. For a £10 spend, you will enjoy £40 worth of bonuses on sports betting.

Betfred Promo Code Terms	Terms and Conditions
Wagering Requirements	N/A
Minimum Bet	£10
Minimum Odds	1/5
Bonus Expiry	Place bet within 7 days of registering, bonuses have 7-day expiry
Restricted Bets	Only debit card deposits valid.

How to sign-up for Betfred With The Bonus Code

You can sign up for an online betting account at Betfred using your desktop computer at home or when on the move through the mobile app that can be downloaded to your Android or iOS device. You must complete the registration process only once to create your account and secure the welcome bonus. You’ll then be given a username and password, which you can use to access your betting account quickly in future.

The simplest way to create an account is at home on your desktop computer, where you should have access to all the information needed. You can join using your smartphone if you’d prefer, and the process has been streamlined, so it fits your daily schedule. This won’t cause an inconvenience. You’ll be signed up and using your free bet to gamble on sports in no time if you follow our advice.

Below we detail the simple steps to create an online betting account with Betfred. This is the quickest and most secure way to join and works on both the website and mobile app. Please be sure to complete every step as missing just one could delay your account registration or cause you to receive a lower welcome bonus free bet.

• Click any link on this page

• Select the Sign-Up button

• Fill in the registration form

• Create a username and password

• Add your Betfred promo code

• Deposit and bet

• Enjoy your free bets

What personal details does Betfred need for the promo code?

When filling in the registration form, you must provide the correct information in every field. Being anything less than honest could delay your account being registered or, more likely, slow the process of withdrawing your winnings. As a result, all significant bookies, including Betfred, now require customers to verify their account information. This has become standard practice for online betting, and it is a measure designed to help protect against underage gambling and identity fraud.

The request to verify your account could come at any time. You may be asked to verify your ID when you register the account, but it’s usually when you make your first withdrawal of cash. This request won’t go through until you have provided all the information required by the Betfred customer care team. Thankfully, this takes just a few moments to confirm, and if you have completed your registration honestly, you’ll sail through the verification steps.

The quickest, simplest and most secure way to verify your account and prove you are who you claim to be and are old enough to bet on sports is to provide a copy of your photo ID. Use your mobile to take a snap of your passport, driver’s licence or any other acceptable form of photo ID. You should then email this pic to the customer services team. They will check your details against what they have saved against your account and, if everything is in order, quickly remove any temporary restrictions placed on your betting account.

Our Expert’s Take

Betfred is a bookmaker that is ingrained in the sports gambling industry. It’s a name punters, and sports fans from across the UK know and trust, but this brand is also respected worldwide. From our experience, we love the generous odds, promotions and sports coverage while it’s also worth noting that the welcome bonus free bet is one of the best on the market, with £40 in bonuses available to new customers.

We love that this bookie was founded with the ideals of treating its customers right and putting the fun back into betting and from using the site today it’s clear to see that they’re never strayed from those ideals. There are several unique and exciting ways to gamble on football and other major sports, the customer service is among the best we’ve seen, and we instantly felt like a valued customer. Everyone with an account is a VIP in the eyes of the Betfred team.

The latest promotions, football coupons and features like live streaming, cash-out and in-play betting are all available as you would expect but we aren’t going to pretend there aren’t things to be improved upon. There’s a lack of depth to the football markets at times and we’d like to see more stats-based markets and the likes available, particularly when some of the less established names have started to offer this type of market on Premier League and Champions League matches.

At times the website’s usability can feel a little clunky – for example, when we were looking to place our qualifying bet on a both teams to score accumulator, we headed to the coupons section of the site where there was a ‘Goals Galore’ coupon – but there was no indication that this was a both teams to score accumulator until we’d click upon it and there were no odds available per match, with a set amount of odds applied dependent on how many matches you selected from the coupon. At times this could of course mean great value – but sometimes you want to know exactly what the price of each selection is.

Eventually, we decided to place an accumulator bet instead, selecting the UK longlist coupon and choosing four results in the FA Cup First Round. There’s a lack of live updates in the same way you might find on other bookmakers, and when we received the free bets we were disappointed with the lack of markets available on some of the Premier League games on the same weekend.

With the usability of the site not the easiest, we switched to the app and logged in to place some bets with our £30 of free bets and this was a much easier process where we navigated to the Premier League games taking place that weekend and successfully backed one anytime goalscorer and an over 2.5 goals single – although another £10 win double fell short. Playing with our winnings was how we managed to discover some of the great bonuses available to all customers such as the Acca Flex and Double Delight & Hat-trick Heaven offers. Read the next section of our review for more information on these!

Betfred Regular Promotions & Offers

Here are some of the regular offers available to existing customers with Betfred both on desktop and mobile.

Acca Flex

With Acca Flex, you can get up to 50% bonus on winning football accumulators of a minimum of 5 selections, or a refund if one leg lets you down to a maximum of £10. Many bookmakers offer one or the other of these two accumulator bonuses or refund offers – but not many will offer both! The winnings bonus starts at 2.5% for 5 leg accumulators and goes up to 50% for 12+ legs.

Double Delight/Hat-Trick Heaven

A long-running promotion of Betfred’s allows punters to get double the odds if the player they’ve backed on their winning first goalscorer bet scores a brace – and treble the odds if they go onto score a hat-trick. This offer is paid out in real cash and what’s more, it’s now available on next goalscorer markets for In Play bets.

Money Back If Your Horse Finishes 2nd

Not just into football? There are a myriad of horse racing offers available on Betfred, including money back as a free bet if your horse finishes second on selected races. They even have money back as a free bet if your horse finishes 2nd or 3rd on some of the bigger races – up to a maximum of £10.

NFL Anytime Touchdown Insurance

Place a pre-match accumulator on 5+ NFL anytime touchdown scorer selections and get up to £20 max free bet refund if the accumulator is let down by just one leg.

Best Odds Guaranteed

Not an offer in the traditional sense but it’s worth noting if you’re a racing fan that Betfred do have Best Odds Guaranteed, not only on all UK and Irish horse racing but also on all UK and Irish greyhound racing.

Are Betfred Safe?

Now, of course, Betfred is a trusted and highly reputable betting organisation, or they wouldn’t be so popular, and more importantly, they would be featured on Squawka if they weren’t! But like all businesses, sometimes there are issues so please feel free to contact Betfred using the information below if needed.

Company	Petfre Limited
Registration Number	99314
Licence and Regulators	UK Gambling Commission
Contact Details	0800 028 7747, [email protected] @BetfredHelp
Address	5/2 Waterpoint Place, Gibraltar
Live Chat	Available on-site and in-app

 

Betfred Key Sportsbook Features

Betfred customers enjoy some of the best sports betting features with new benefits and ways to bet added regularly. Below we have picked out some of our favourites.

Live Streaming

Watch all UK and Irish horse racing on a faultless, HD quality live stream free of charge. If you have placed a bet on the outcome of a race, you will be able to watch live on your desktop or mobile app, allowing you to cheer on your selection. Horse racing isn’t the only popular sport covered by live streaming. There’s also football, tennis, basketball and more.

Super Charged Cashouts

The cash-out feature is one of the most popular in the online gambling industry, and it’s one you’ll enjoy as a Betfred member. The team covers almost all sports bets with a cash-out offer, and the values are often much more generous than you’d get at the competition. So, for example, end your football Acca early, and you could land a profit via cash-out.

Easy to use app and website

Regardless of your experience with similar betting apps, you’ll find the Betfred platforms to be user-friendly. Everything you need is within touching distance, and there’s no complicated jargon involved or tricks designed to trip you up. The most popular events of the day are covered by homepage quick links.

In-play betting

On the homepage, you’ll also find a well-stocked in-play betting list that is organised by start time and sport. In-play betting is all about speed, and Betfred understands this. You can gamble on a football game or tennis match in seconds. That’s ideal if you want to bet on the next goalscorer in the Premier League.

What Payment Methods do Betfred accept?

Below are some of the secure payment methods accepted by Betfred, including any limits or transfer times worth knowing. There are others available, and you’ll find a complete list on the Betfred help section. Please note that only deposits made using debit cards are eligible for the new customer offer.

Payment Method	Fee	Processing Time	Minimum Deposit	Maximum Deposit
VISA	N/A	Instant	£5	£20,000
Mastercard	N/A	Instant	£5	£20,000
Skrill	N/A	Instant	£10	£15,000
PayPal	N/A	Instant	£10	£15,000
Neteller	N/A	Instant	£10	£15,000
PaySafe	N/A	Instant	£10	£15,000

Please note that only credit cards will be accepted from you if you are a resident in any part of Ireland, Gibraltar, Isle of Man or the Channel Islands.

How do I withdraw money from Betfred?

If you have landed a profit from your sports betting, you’ll likely want to get your hands on the cash as quickly as possible before there’s a temptation to use it to place more bets. Where possible, Betfred will try and pay out via the method that you’ve used to deposit your money. Here are the available methods:

Payment Method	Fee	Processing Time	Minimum Withdrawal	Maximum Withdrawal
VISA	N/A	3-5 banking days	£5	£9,999
Mastercard	N/A	3-5 banking days	£5	£9,999
Skrill	N/A	Up to 48 hours	£5	£6,500
PayPal	N/A	Up to 48 hours	£5	£5,000
Neteller	N/A	Up to 48 hours	£5	£4,000
PaySafe	N/A	Up to 48 hours	£5	£5,000

How competitive are Betfred odds?

The odds offered up at Betfred are relatively competitive with the brand constantly offering bet boosts and bonuses for both large and small events, as you’d expect from a bookmaker with such a solid reputation among it’s large customer base both online and offline.

To confirm this, we calculated the overround on a handful of football matches taking place on the day of writing this article. The overround is the sum total of odds on all of the possible outcomes on one event, which the bookmakers use to ensure that the prices remain in their favour. Anything under 110% is generally considered to be a fair overround in sports betting and this is what we found from the matches taking place on this day, with the Betfred Overround’s consistently landing between 105 and 107%.

• Estonia (11/1) – Draw (9/2) – Austria (1/4) – Overround: 106.52%
• Georgia (12/5) – Draw (23/10) – Scotland (23/20) – Overround: 106.25%
• Luxembourg (7/4) – Draw – (23/10) – Bosnia-Herzegovina (6/4) – Overround: 106.67%
• Denmark (4/7) – Draw (11/4) – Slovenia (11/2) – Overround: 105.69%
• England (1/80) – Draw (16/1) – Malta (80/1) – Overround: 105.88%

*Prices correct as of 10:00am on 15/11/2023

How do Betfred odds compare with other bookmakers?

We also ran an odds comparison on some of these games to see how the odds compared to those offered by Betfred’s competitors. Of course this is a very small sample size and we decided to use different markets for these games too in order to get a better reflection, but in all honesty only through regular play with Betfred have we been able to see just how competitive their odds are in the market place.

Selection	Betfred Odds	Sky Bet Odds	Paddy Power Odds	Bet365 Odds	William Hill Odds	Ladbrokes Odds	Betfair Odds
Hungary to beat Bulgaria	4/7	8/15	4/7	4/7	4/7	4/7	11/20
Over 2.5 goals in Georgia vs Scotland	11/10	1/1	1/1	1/1	1/1	1/1	11/10
BTTS in Slovakia vs Iceland	1/1	10/11	19/20	1/1	10/11	1/1	1/1
Alvaro Morata to score first in Cyprus vs Spain	9/4	9/4	12/5	11/4	2/1	11/5	12/5

Although these are four randomly selected markets from upcoming fixtures, as you can see from the table above Bet365 are offering the joint-best available odds on three of those markets. In the case of the first goalscorer bet, they’re better priced than the likes of Ladbrokes and William Hill, but Paddy Power and Betfair have a shorter price again – although both of those bookmakers are known for offering shorter prices on goalscorer bets. All in all though, you can see from this small sample size that Betfred’s odds are very competitive in the context of the wider market when compared to their most well-known competitors.

*Prices correct as of 10:30am on 31/10/2023

Betfred FAQs

How do I claim the Betfred free bet offer?

If you click any link to the Betfred site on this page, follow the registration steps posted earlier in this article. You’ll bank £40 to use on sports bonuses and all new customers are eligible for the welcome bonus.

Can I sign-up for Betfred outside the UK?

Betfred accepts customers from a long list of nations around the world. So check the rules regarding online betting in your region – you’ll find a list of restricted areas on the Betfred frequently asked questions page.

When will my Betfred account be credited?

As soon as you have gone through and satisfied all the registration requirements, the £30 in free bets will be added to your account and can be used to bet on your favourite sports.

How do I contact the Betfred customer service team?

The quickest way to contact the Betfred customer services team is by clicking on the live chat link available on the website and mobile app. There’s also email, telephone, post and social media.

Which betting markets can I find at Betfred?

Betfred loves sport. All sports from horse racing and football to boxing and MMA. The trading team offers competitive odds and exciting markets on the top sports, competitions, teams and players, both pre-match and in-play.