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Online Gambling Sites US / Betfred Review, Ratings, Bonuses, Licenses USA for 2024

Betfred Review, Ratings, Bonuses, Licenses USA for 2024

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At Betastic, we know sports betting, from the basketball court to the football field. We love our sports like you do, but we also know numbers. We know what to look for in a sports betting site to see if it’s worth opening an account, from welcome bonuses to favorable odds.

Our Betfred review took a close look at the long-running bookmaker and found the company’s solid reputation remains firmly intact, especially with the generous Betfred new customer offers. Read our full review to find out what makes the British bookmaker stand out from the crowd in your state.

Betfred Review
Betfred: Pros & Cons
  • Unparalleled range of sports markets
  • Generous bonus offers
  • Intuitive and responsive website plus dedicated mobile app
  • Customer support available via live cha
  • Lacks live stream options of other betting sites
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
T&Cs apply, 18+
Get Bet365 Bonus
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Company Betfred & Oddsking
Headquarter 5/2 Waterport Place, Gibraltar
Year of Founding 2004
CEO Joanne Whittaker
Available Languages English
Customer Support Live Chat, Email Support
Phone +44 (0)1925 878269
Virginia (US) Lottery Board
Verified by IBIA (International Betting Integrity Association)
IBIA (International Betting Integrity Association)
Payment Methods
Bank Transfer
Show More
Betting Markets 3750
Live Streams Yes
Odd Level 93.38%
Horse Racing
Ice Hockey
Betting Tax -
Sports 28
Cash Out Available

Bonus Offer – A generous first bet offer for first-time customers from Betfred USA

From the latest FanDuel bonus code to last month’s Fox Bet promo code, we’re always on the search for big bonuses to boost our bets. Looking for Betfred sign up offers? You’ve landed in the right place. As part of our Betfred review, we took a close look at the Betfred new customer offer as well as other Betfred bonus codes. These offers are designed to entice you to create an account with the bookmaker, and in return, offer you free bets in the hope that the sportsbook is a good fit for your betting needs.

Betfred offers its Colorado, Iowa, and Arizonan players the opportunity to gain from $1,111 in bonuses. Players who deposit $50 will receive $111 in free sports bets + activate a 50% cashback on losses accrued per week, up to $200. the cashback runs for 5 weeks, providing a potential to win back up to $1,000 in bonus credits.

The initial stake must be $50 and should be placed on sports with offs of -200 or greater. The free bet must be used within 7 days of receiving it.

Usability, Look & Feel – A neat and practical website at Betfred USA

To be considered as one of the best sports betting sites USA, an operator needs to offer a seriously smooth user experience. Our Betfred rating for usability is very high among player reviews, and it’s easy to see why. Despite the sheer amount of sports, leagues, matches, fights, and races that Betfred has on offer, we never felt like we were lost or confused by the odds and statistics presented to us. The site has a clean minimalist look, using the Betfred blue against white for buttons and light gray backgrounds to highlight sport and league titles.

Placing a bet can be done in a couple of clicks. As soon as you select a sports event or competition, it will bring up a list of games or matches and the most popular bets to choose from. Click one and your betting slip will pop up so you can add it. A number at the right-hand corner will indicate the full range of bets available. Click that to load up the full selection, allowing you to customize your bets further.

Dedicated app for iOS and Android

My household is split when it comes to phones, so it was great to see that Betfred offers a custom-built app for both types of operating systems. Initially, I was just using the mobile version of the website, but I found the app offered a smoother experience on the go.

Payments – Several options with no additional fees boost our Betfred ratings

As you might have seen in our Caesars Sportsbook review, payment options are important to us. When it comes to making payments to a bookmaker, you want to make sure they are using safe and secure options. You may ask is Betfred legit and what options do they offer for deposits and withdrawals into your sportsbook wallet? The answer varies from state to state, so you should check which of these will be available to you:

  • Play+
  • Skrill
  • Credit and debit cards – Visa, MasterCard, Amex
  • eCheck (deposit only)
  • PayNearMe (deposit only)
  • VIP Preferred (for ACH transfers)

As part of our Betfred review, we also discovered that Betfred has partnered with several real-life casinos, allowing their members to make in-person deposits and withdrawals. Check the Betfred sportsbook website to see if there is a participating casino near you.

Bank Transfer
+ 9

Player reviews often show a high Betfred rating in this area because the sportsbook has no additional fees for deposits or withdrawals. Depending on the method, deposits and withdrawals can be instant or up to 3-5 days.

Customer Service – Several ways to connect

Betfred has over 50 years of customer experience from its founding days in England, and one of the reasons it has thrived for so long has been the sportsbook’s exceptional customer service.

The quickest and easiest way to speak to the Betfred customer service team is through the live chat tool accessed via the chat bubble in the bottom right of the screen. It has integrated social media functionality so you can connect it to a Facebook or Google account, or fill it in manually to start chatting to an agent. They will then verify you through your account ID, email address, and SSN number.

If the live chat is not a convenient option, you can also call, text or email the Betfred team with your query. They are available Monday-Thursday from 8am-9pm and Friday-Sunday from 8am-11pm. This is just what we like to see, and similar to what we found when researching DraftKings USA – which we do, in fact, have a very good review of.

License & Security – Is Betfred reliable?

So, the big question – is Betfred secure? When Betfred set its sights across the Atlantic to the American market, it gained a license from each of the state operators it operates in, which includes:

  • Colorado Division of Gaming
  • Iowa Racing and Gaming Commission
  • Pennsylvania Gaming Control Board

Regardless of which state you bet in, Betfred review their security to ensure your personal and financial data are safe and secure when playing on their site. It uses 128-bit digital encryption that allows end-to-end security.

Virginia (US) Lottery Board
UKGC - UK Gambling Commission
Nevada (US)
Colorado (US)
+ 6

When you sign up to Betfred, you will be required to enter a few personal details, including your name, date of birth, address, email, phone number, and SSN. To ensure you are betting within state lines, Betfred reviews your geolocation whenever you try and place a bet, so when it asks for your location, you may wonder “is Betfred legit?”. You can be guaranteed that it is, and it is asking for this information to protect you and the company.

Rewards & Loyalty Program – A host of rewards for loyal customers found in our Betfred USA reviews

In addition to the generous $1,111 welcome bonus, Betfred has several other bonuses for existing players to take advantage of, with no need to use a Betfred bonus code. Some of these offers will be seasonal and sport specific. For example, in December, you can get a $5 free bet every day when you wager $25 or more on a college basketball game.

Similarly, there is a Betfred Double Take bonus for pro football games. If you bet correctly on the first TD scorer, Betfred will double your winnings if the same player scores another TD during the game. If you want to bet on another sport, check out the Parlay Insurance bonus. All you have to do is place a Parlay bet of $50 or more on any sport, and you get a $10 free bet. Even better, you can claim this bonus every day.

Betfred Sports Betting

Betting Markets - Markets from both sides of the Atlantic

We half-expected the sports markets to be dominated by British leagues, but all of the American sports we would ever want to bet on are covered here, including NFL, NHL, and MLS. It also has the major European soccer markets such as La Liga and Bundesliga, which many of our experts enjoy betting on because the time difference means they often take place before American games kick-off.

Odds - Get a Betfred boost

We found that Betfred offered routinely competitive odds regardless of whether you were wagering on the NFL, NBA, NHL and MLB. This definitely proved true when we compared the betting odds at Betfred with a big rival for a futures bet on the NBA Championship. However, things got really interesting when we clicked on the Betfred Boosts tab. This revealed a range of odds boosts that you could get for some of the biggest sporting events. What’s best is that these all gave you enhanced odds with no strings attached. A great way to get more from your sports bets.

Live Betting & Streaming – Pretty good live betting platform

Betfred doesn’t have the most amazing live betting platform that we’ve ever come across, but it definitely get the job done. There’s no live streaming here, and you’ll probably just have to get by with the live score. But Betfred excels when it comes to serving up lots of live betting markets. We took a close look at a live hockey game in Russia, and found that there were live betting markets for things like total goals, handicap betting, and much more. All of which should give you plenty of ways to get extra from your live bets.

Limits - Massive winnings possible at the Betfred sportsbook

Betfred has some of the most generous maximum winnings limits that you are going to find anywhere on the internet. This means that you could possibly win anywhere up to a million bucks if you got lucky with your bets on football, basketball and so on. These maximum winnings limits will be a little less generous for some less popular sports, but you’ll have to win a lot of money to find a cap on your winnings. So go to Betfred and see what you can win!

Product Summary - Lots to like about Betfair US

We were wary at first of a British brand trying to enter the American market, thinking they wouldn’t understand what we wanted. However, Betfred are an international company that has been around for over 50 years, so they have clearly done their research before trying to launch their US sportsbook. At the heart of it is a slick user experience that offers great customization over the portal, allowing us to shape it to what we need it to be, rather than trying to adjust to a rigid framework.

While the aesthetic might be a bit bland for some players, we found the clean look pleasantly surprising, as under the hood there are some powerful tools and excellent features.

First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
T&Cs apply, 18+
Get Bet365 Bonus
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

Betfred Review FAQ

🖥️How do I open an account with Betfred Sports?

Opening an account with Betfred Sports is a really simple process that you will be able to complete in 5 to 10 minutes. Once you go to the Betfred Sports website, you just need to fill in a few details and agree to the terms & conditions. For a more in-depth look at the signing-on process, check out the Betfred review on Betastic. 

How do I place a bet on a specific sport on Betfred Sports?

Once you have signed up to Betfred Sports, there are several ways to navigate to the sports markets. Once you have found the one you are looking for, you can bookmark it for later. For a step-by-step guide to finding a specific sport on Betfred Sports, have a look at the Betfred review on Betastic.

💰 How can I withdraw my winnings at Betfred USA?

Betfred Sports offers several different ways of withdrawing your winnings from the Betfred account. These will largely depend on which state you are betting in. There may even be a way that you can collect your winnings from one of Btefred’s partner casinos. To find out how, check out our Betfred review on Betastic. 

🙋 I thought Betfred Sports was a British bookmaker – is Betfred legit in America?

Betfred is a legitimate bookmaker that has a deep history in British betting culture. Recently, the company has partnered with several casinos in America to gain a license with the necessary gaming boards in order to provide its online and mobile sportsbook to customers here in the US. To find out which states and casinos Betfred is working with, and where they might be coming to soon, check out the Betfred review on Betastic. 

❓ How does Betfred Sports compare to other online bookmakers?

Betfred has a great platform with a wide range of betting markets and generous bonuses. Whether or not it is better than other sportsbooks you may have used before will come down to a matter of taste and if the sportsbook has the features you are looking for. Read through our Betfred review on Betastic to get a better idea of whether Betfred would be a suitable sportsbook for you. 

Overall Conclusion – British style, American substance

The defiantly British bookmaker has successfully conquered America, at least in terms of sports betting. When researching our Betfred review, we were very impressed by how smooth the website worked, never experiencing slowdown or technical issues. While the design and color scheme may be too simple for some players, it makes navigation a breeze.

The easy-to-use website is matched by its wide selection of sports to bet on, plus a number of bonuses for both new and existing players. Simplicity is at the heart of Betfred’s offerings, whether it is activating and claiming bonuses, signing up for an account, or contacting the customer service team. While we would like to see more pay options added in the future, the fact that there are no withdrawal fees and quick payouts on winnings puts Betfred above many of its rivals.


Betfred Iowa

Betfred partnered with Elite Casino Resorts to gain a foothold on the Iowa sports betting market. It was also of benefit to Elite Casinos, as they now had a technology partner who they could collaborate with on online and mobile ventures, plus sports betting terminals in its casinos.

The Betfred Iowa bonus includes up to $1,111 in bonus credits for a $50 starting bet. More information on this promo above in the review.

ColoradoBetfred Colorado

Betfred opted to work with Saratoga Casino in Black Hawk, Colorado, in order to have a defined presence there. Betfred became a technology partner for the casino, bringing a wealth of software knowledge across the Atlantic to help Saratoga Casino with its online and mobile portals. It also made them the first retail sportsbook in the state.

Players of Betfred sports in Colorado will benefit from the same generous sports bonus available to Iowa players mentioned above. Simple place a qualifying $50 bet to get $111 in free bet credits and activate a 50% cashback incentive of up to $200 per week, that runs over 5 weeks.

PennsylvaniaBetfred Pennsylvania

To enter the Pennsylvania market, Betfred entered into an agreement with Wind Creek Bethlehem in November 2020. Betfred helped the casino with the technology and software that powers the Wind Creek branded casino app, as well as providing betting machines inside the casino itself.

New customers can take advantage of the Betfred Pennsylvania bonus, which matches your initial 100% deposit up to $400. The matched funds are received as a free bet which you can use straight away on your favorite sports.

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