Betfred Sign Up Offer: Bet £10 Get £50 in Free Bets
Reputable high street bookmaker Betfred was founded in 1967 as a betting shop in Salford and expanded to online gambling from 2004.
Our in-depth Betfred review walks you through the bookmaker’s welcome offer, what the sign up process requires of new customers and any notable terms and conditions involved. I’ll also compare the Betfred sign up offer to some of the UK’s best betting sites in terms of free bets bonus, expiry period and minimum requirements, plus I will provide you with some actionable tips in terms of qualifying for the sign up bonus and spending your free bet credits.
What is the Betfred Sign Up Offer?
The Betfred welcome offer is arguably the company’s flagship feature, allowing customers to secure £50 worth of free bets from an initial £10 stake. Your first bet can be placed on any sport but must meet the minimum odds requirement of Evens (2.0).
The bonus is handed over to players in the form of 3 x £10 Sports Free Bets and 2 x £10 Acca Free Bets within 10 hours of settlement; each of which have a 7-day expiry.
New customers must use the promo code BETFRED50 during registration in order to qualify for the promotion, while the initial £10 deposit must be made using a debit card as e-wallet deposits are not eligible for the bonus.
How to Claim the Betfred Sign Up Offer
Below I have outlined a numbered guide, demonstrating how easy the Betfred sign up process is.
- Use this link or any Betfred link anywhere on FootballTips.com to begin your sign up journey.
- Click ‘Claim Here’ on the promotion page to start registration.
- Enter your email address, create a username and password then continue to fill out the rest of your personal details, including name, date of birth, telephone number and address.
- Enter promo code BETFRED50 before completing registration.
- Deposit a minimum of £10 using a debit card.
- Bet £10 on any sport at minimum odds of 1/1 (2.0).
- Once your qualifying bet has settled, you’ll be rewarded with £50 worth of free bets to use within the next seven days.
Betfred Terms and Conditions: What You Must Know
As is the case with every bookmaker you sign up to, Betfred has certain terms and conditions that you must adhere to in order to successfully claim your welcome bonus.
- Players must be 18+.
- New customers only.
- Users must be from the UK, Ireland or Gibraltar.
- Customers must be successfully verified by Betfred to receive their Free Bets.
- Your first deposit must be a minimum of £10 and made using a debit card within seven days of registering.
- Deposits using prepaid Visa’s, Mastercards or e-wallets will not qualify for this promotion.
- You must place your first £10 bet or more on any qualifying Sportsbook markets, at odds of Evens (2.0) or greater, which must settle within seven days of opening your account.
- Voided or cancelled bets will not count towards this promotion.
- Bets placed using Free Bets, Totepool or Virtual Sports do not count.
- Your qualifying bet will be invalidated should you use Cash Out.
- Your Free Bets will be credited to your account within 10 hours of your qualifying bet being settled, and will be allocated as such: 3 x £10 to use on any Sportsbook markets, 2 x £10 to use on win only Accumulators (4+ selections).
- Crediting may be delayed if additional documentation is required.
- Free Bets cannot be withdrawn as cash and will not be returned in any winnings.
- Accumulator Free Bets cannot be used on each-way accumulators.
- Any unused Free Bets will expire if unused after the 7-day period.
Strategies for Maximising the Betfred Welcome Offer
Given that Betfred has similar non-restrictive qualifying bet requirements as many other top bookmakers, it’s advised to keep your first bet relatively simple to increase your chances of a winning return. In my opinion, this means sticking to a popular football competition or league, such as the Premier League or Champions League, which are well covered with a breadth of markets but still allow for value bets in and around the 1/1 mark necessary for your qualifying bet.
Once that’s settled you’ll have £50 worth of free bets to play around which means you can afford to be a little riskier if that is your persuasion as a punter. I would recommend playing at least a couple of your £10 Sportsbook Free Bets safer in a bid to make a return on your investment, which could come from markets like both teams to score or over/under 2.5 goals.
As £20 of your bonus is for use on accumulators with 4+ selections, this is where I believe you should be more adventurous with your punting. If there is a full slate of club football fixtures across Europe’s top five leagues then this is perfect for using these tokens, especially if there are midweek games too as that will still fit within your 7-day expiry time frame to ensure that neither acca is unused.
Comparing Betfred’s Offer to Other Bookmakers
Now I will compare Betfred’s welcome offer to nine other of the UK’s best football betting sites in terms of the free bets bonus amount, expiry period, minimum odds requirement and the maximum payout with each bookie.
Bookmaker | Sign Up Offer | Max Win | Expiry / Min odds |
Betfred | Bet £10 Get £50 in Bet Builders | £500,000 | 7 days / 2.0 (1/1) |
Midnite | Bet £10 Get £20 in Free Bets + 50 Free Spins | £750,000 | 14 days / 4.0 (3/1) |
BetMGM | Bet £10 Get £40 in Free Bets | £1,000,000 | 7 days / 2.0 (1/1) |
CopyBet | Bet £20 Get £60 in Free Bets | £50,000 | 7 days / 1.9 |
Sky Bet | Bet 5p Get £40 in Free Bets | £250,000 | 7 days / 2.0 (1/1) |
bet365 | Bet £10 Get £30 in Free Bets | £2,000,000 | 7 days / 2.0 (1/1) |
Betano | Bet £10 Get £30 in Free Bets | £500,000 | 5 days / 2.0 (1/1) |
Betfair | Bet £10 Get £50 in Free Bets | £1,000,000 | 7 days / 2.0 (1/1) |
Paddy Power | Bet £10 Get £50 in Bet Builders | £1,000,000 | 90 days / 3+ selections |
Smarkets | Bet £10 Get £40 in Free Bets | £99,999,999 | 7 days / 2.0 (1/1) |
Betfred have established themselves as a major figure in the sports betting industry and I found that they were able to live up to the high expectations that they have set themselves. Firstly, their sign up offer was one of the most generous on the market, with the £50 free bets bonus higher than most competitors and remaining this way all-year round as opposed to being set at this rate around seasonal or special events.
I found the website to be a little clunky, although this wasn’t a dealbreaker in any way for myself as I was almost strictly using the mobile app to bet which offered a far more responsive and user-friendly experience, especially for building accumulators as Betfred are often have the best price on multis.
There are definitely improvements that can be made, such as more depth in football markets as I found certain fixtures, leagues and competitions to be lacking in this regard. Betfred could also develop their bet builder product further, offering more stats-based selections and even implementing data to help inform the punter on certain markets.
Betfred Beyond the Sign Up Offer
Once you’ve signed up, Betfred have numerous existing customer offers in place to retain your business for many years to come.
Acca Flex
You can get up to a 50% bonus on your winning football accumulators of five or more selections, as well as a refund to a maximum of £10 if one of your legs lets you down.
Double Delight & Hat-Trick Heaven
Betfred offers double the odds on winning first goalscorer bets and in-play next goalscorer bets if your player scores a brace and treble the odds if they go on to score a hat-trick – all paid in real cash.
Money Back If Your Horse Finishes 2nd
Betfred’s horse racing coverage also rivals some of the very best, with this promotion rewarding customers with money back as a free bet up to £10 if your horse finished 2nd or 3rd in some of the bigger races.
Best Odds Guaranteed
While this isn’t an offer in the traditional sense, Betfred’s BOG promise applies to all UK and Irish horse and greyhound racing and is worth tapping into considering that many bookies are doing away with Best Odds Guaranteed.
FAQ: Betfred Sign Up Offer
- Can I use this offer on mobile?
Betfred’s welcome offer can be applied using their website or mobile app – just remember to enter promo code BETFRED50 during registration.
- What happens if I cancel a bet after claiming the offer?
Any cancelled or voided bets will not count towards this promotion.
- How does Betfred verify my eligibility for the bonus?
Betfred employs age identity verification checks during registration, where players will not need to do anything as the bookmaker can often verify their age and identity electronically during this process.
- Does the sign up offer apply to accumulator bets?
The Betfred welcome bonus allows for your qualifying bet to be placed on a single or accumulator bet as long as the minimum odds requirement of 1/1 (2.0) is met.
- Can I combine the sign up offer with a bet builder?
Your Betfred qualifying bet can be placed on a bet builder, but remember that your combined selections must total to at least odds of Evens (2.0) or greater.