Betfred Bonus Code

Betfred Promo Code Information & Review July 2024

8.7/10
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New users at Betfred can sign up for their "Get up to $1,111 in Fred Bets" promotion.

Promo Code for Betfred & Sign Up Process

Betfred Ohio

Legalized sports betting in Ohio is now officially live! Ohio residents can make an account at Betfred for their promotion to Get up to $1,111 in Fred Bets.

Bettors in Ohio must be 21+ and physically located in the state. Gambling problem? Call 1-800-GAMBLER.

What to Bet on Today at Betfred Sports

Betfred Sports Promo Code Key Takeaways July 2024

Betfred Bonus Code

TBD

Betfred Signup Offer Details

Get Up To $1,111 in Fred Bets. New users only.

Available Legal States

AZ, CO, IA, LA, NV, OH, PA, VA, WA

Betfred Pros

Intuitive app, bet market variety, Parlay+ product offering

Betfred Cons

Subpar design, general bugs and crashing, limited customer support

Offer Last Verified On

July 20, 2024

Gambling Problem? Call 1-800-GAMBLER

Terms & Conditions

  • Wagering requirements: Must be 21+ to play and located in a legal betting state where Betfred is available
  • The first wager must be a minimum cash bet of $50+ with minimum odds of -200  
  • $111 in Fred Bets will be awarded upon settlement of the initial wager
  • An additional $200 Fred Bets per week will be awarded for 4 weeks if the user qualifies
  • The following bets do not qualify for the promotion:
    • Wagers on futures
    • Wagers on Betfred Boosts
    • Voided and canceled bets
    • Bets at odds of +300 or greater (e.g. +500)

Promotions for Existing Betfred Users

Betfred Sportsbook does a great job of keeping its existing users engaged by offering a variety of daily odds boosts and ongoing promotions. These are definitely worth checking out on a regular basis for those looking for creative ways to bet the day's sports action.

Betfred Daily Boosts for July 20, 2024

There are daily Betfred boosts spread out on their sportsbooks in the Betfred states. Here's a current Betfred daily boost:

  • Betfred Boosts
     
    • No boosts have been posted yet today. Check the app later!

Ongoing Betfred Sports Promos

MLB Friday Fireworks 

Only on Fridays, place a bet of $20 or more on a designated weekly MLB game to receive a $2 Fred Bet. Only one qualifying wager is permitted per Friday. 

Tuesday Triple Play Boosted Payout

Every eligible bet must be a cash parlay with a minimum 3+ legs, a minimum stake of $10 each and a minimum of -200 odds for each leg within the parlay. These parlay bets must be placed on MLB main markets (Run Line, Moneyline, and Total Runs Over/Under).

Baseball Choke Insurance

Make a pre-match, straight money line bet on any MLB team, and if they lose after leading by 5+ runs, receive 100% of your stake back as a Fred Bet.

Bet on 9 soccer games and get 10th on Betfred

To qualify, place a minimum $5 cash bet on a straight, 3-way money line, or totals bet on any soccer match on the same day the bet is placed, with odds of -200 or higher.

Soccer Double Delight & Hat Trick Heaven

Receive a cash payout at 2x or 3x the wagered price on Anytime Goal Scorer markets for any game played on the same day as the bet placement if the selected player scores 2 or more goals.

Soccer Choke Insurance

If you make a pre-match, straight 3-way money line bet on any soccer game and the team you bet on loses after holding a lead of 2 or more goals, you'll receive 100% of your stake back as a Fred Bet.

Betfred Sign Up

To create an account at Betfred Sportsbook, you'll need to provide the following details:

Step 1. Begin the registration process and select your location. Then, you will be prompted to choose between the desktop or app versions of Betfred before proceeding. The Betfred Sportsbook App is only available to users in Arizona, Colorado, Iowa, Ohio, Pennsylvania, and Virginia. Physical Betfred locations are available in Louisiana, Nevada, and Washington.

Step 2. Enter your account creation information: an email, and create a secure password.

Step 3. Enter your details: full name, gender, and date of birth.

Step 4. Enter your security and location details:

  • Home Address (country, city, state, ZIP code)
  • Mobile Number
  • Set two Security Questions & Answers
  • Use Promo code (if applicable)
  • Read and Agree to the Terms & Conditions and confirm your account details are accurate

Your account has been registered, and you are ready to make your first deposit and bet!

BetFred sportsbook app onboarding flow

Betfred is currently live and available to users in ten states. Betfred has recently launched in Ohio and Virginia. Below is a list of current states where Betfred is operating. 

State Mobile Sportsbook  Casino Location Responsible Gaming
Arizona Yes We-Ko-Pa Casino

Gambling problem? Visit problemgambling.az.gov, text NEXTSTEP to 53342, or call 1-800-NEXT-STEP.

Colorado Yes Saratoga Casino

Gambling problem? Call or text 1-800-GAMBLER.

Iowa Yes Grand Falls Casino & Golf Resort

If you or someone you know has a gambling problem and wants help, call 1-800-BETS-OFF.

Ohio Yes Not Applicable

Gambling Problem? Call 1-800-Gambler.

Pennsylvania Yes Wind Creek Bethlehem

If you or someone you know has a gambling problem, help is available, call 1-800-Gambler.

Virginia Yes Not Applicable

If you or someone you know has a gambling problem, please call, text or chat, our confidential and toll free helpline at: 1-888-532-3500.

Where Will The Betfred Mobile Sportsbook Be Legal Next?

Betfred has additional states currently listed on their site where they currently offer retail betting but may offer mobile betting in the future.

State Mobile Sportsbook  Casino Location Responsible Gaming
Louisiana No Paragon Casino Resort

If you or someone you know has a gambling problem and wants help, please call the Louisiana Problem Gambling Helpline at 1-877-770-7867.

Nevada Coming Soon Mohegan Casino at Virgin Hotel Las Vegas

If your gambling is no longer fun, don’t wait for the problem to get worse. Contact the Nevada Council on Problem Gambling or call 1-800-522-4700

Washington No Silver Reef Casino Resort

Gambling Problem? Call 1-800-Gambler.

Betfred Sportsbook Mobile Screenshots

Betfred Sports Mobile App & Website Experience

Betfred Sports appears to have its sights set on becoming a major player in the American sports betting market. With expansion to several states planned, we can only assume that they will be active in places where legislation is still in the works to legalize mobile sports betting. 

Betfred Sportsbook Mobile App Review

Action Network is currently evaluating the Betfred Sports app through in-house testing, data analysis, and input from experienced handicappers. Their scope of review will entail both the desktop and mobile app platforms with a specific focus on key categories such as usability, market coverage, and pricing/value offerings. In the meantime, our team has analyzed customer reviews to distill how users feel about the app.

Betfred Customer Reviews

In addition to our forthcoming experts' analysis, we have distilled what is available in the Apple App Store and Google Play to provide a broader overview for this Betfred analysis. Betfred has variations of its mobile app that are specific to each of the states where they operate. Below are the individual ratings for each state app currently available for iOS and Android, in addition to some user positives and negatives consistent across app variations.

Apple App Store Logo Apple App Store Reviews (July 2024)

Betfred Arizona

3.8/5 Stars - 159 Ratings - Download at Apple App Store

Betfred Colorado

4.2/5 Stars - 6 Ratings - Download at Apple App Store

Betfred Iowa

4.2/5 Stars - 115 Ratings - Download at Apple App Store

Betfred Ohio

4.3/5 Stars - 170 Ratings - Download at Apple App Store

Betfred Virginia

3.6/5 Stars - 74 Ratings - Download at Apple App Store

Betfred Sportsbook iOS User Positives Positive social interaction Betfred Sportsbook iOS User Negatives Negative factors
Betting options: Like more prominent sportsbooks, Betfred offers parlays, props, alternative spreads, and more to go along with standard moneylines, spreads, and over/unders.

New-user bonus issues: Some users had problems receiving their initial bonuses upon first deposit. Initial bonuses are such big draws to sportsbooks, so this should be a key feature to keep an eye on being cleaned up.

Navigation: Users enjoy the app's simplicity compared to the cluttered and overwhelming feeling of some of the more major sportsbooks—especially a plus for new bettors.

Overall app bugs: Betfred has excellent technical problems, from reported location issues to site glitches and crashes.

Google Play Logo Google Play/Android Store Reviews (July 2024)

Betfred Arizona

3.7/5 Stars - 106 Reviews - Download at Google Play Store

Betfred Colorado

3.7/5 Stars - 107 Reviews - Download at Google Play Store

Betfred Iowa

4.0/5 Stars - 63 Reviews - Download at Google Play Store

Betfred Ohio

3.8/5 Stars - 126 Reviews - Download at Google Play Store

Betfred Virginia

3.7/5 Stars - 39 Reviews - Download at Google Play Store

Betfred Sportsbook Android User Positives Positive social interaction Betfred Sportsbook Android User Negatives Negative factors
Betting options: Several Android users made note of the number of lines available across a variety of sports markets.

Navigation: Comparisons to other sportsbooks found many users hoping for more out of the Betfred design and layout.

Customer Service: Android users regularly applauded Betfred's customer service for their timeliness and helpfulness.

Claiming New User Bonus: A few users were unhappy with the app claiming that they were not able to claim their new user sign up bonus for a variety of reasons.

Betfred Sports Cashiering

Sportsbooks and states can vary in their deposit and withdrawal rules, whether due to a book's policy or regulation within each state that has legalized online betting. Betfred's registration process can be a little be more time-intensive than some other sportsbooks, but they tend to make up for it with their quick payout speeds. 

Deposit Options

New and existing users have several options available to them to deposit funds into their account. However, it must be said that Betfred's deposit options are slightly limited compared to other sportsbooks. Action will continue to monitor if Betfred increases its deposit options at it expands throughout the country. Below is a list that details payment options available in most states:

  • Debit/Credit Card
  • Bank Transfer
  • Check
  • Cash at Cage
  • Play+ Card
  • Skrill

Withdrawal Options & Payout Speed

The timeframe for receiving funds from a withdrawal depends heavily on your chosen method. Most commonly, bank transfers are processed within 48 hours. Users can also receive a check by mail (which could take up to 14 days), and users who qualify for VIP Preferred status will instantly receive their funds.

Below is Betfred's deposit/withdrawal option menu:

  • VIP Preferred
  • Play+ card
  • Bank transfers
  • Check
  • Cash at cage

Responsible Wagering

Like most sportsbooks, Betfred Sports allows users to restrict themselves should they feel gambling has become a problem. They do so through a "Take a Break" function.

As the name implies, it allows users to suspend their accounts for a given time (from one month to two years). It's important to note that users will not be able to access their account until the initially decided time has passed.

Betting Options & Sports Market Coverage at Betfred

Betfred is on par with most major sportsbooks in terms of the bet types and sports markets that it offers. While they may not typically be the first sportsbook to post lines for events, you can generally rest assured that if there's something you want to bet on, Betfred will have a line on it.

Bet Types Available

Betfred covers the bases on standard betting markets. Unlike some other sportsbooks, users won't find many, if any, exotic bet options, but that does not detract from the experience. Below is a list of bet types that you can expect to find when using the Betfred platform:

  • Spreads
  • Moneylines
  • Totals
  • Prop bets
  • Quarters/Halves
  • Parlays
  • Live bets
  • Futures
  • Teasers
  • Round Robins

Sports Markets Offered

It's unlikely that you won't be able to find the sport you're looking to bet at Betfred. You will be able to bet on the major sports leagues like the NFL, NBA, MLB, and NHL, college football and basketball, and more niche sports like table tennis.

NFL Pricing vs. Other Sportsbooks

The 2022/23 NFL season is well underway. Our expert data analysts deeply explored how sportsbooks compare specifically on their average NFL spread prices. Look to see which books have the edge for favorites and underdogs.

Average Odds Pricing for NFL Favorites

Pricing Distribution Betfred PointsBet BetMGM FanDuel DraftKings Caesars
Worst Price 48.4% 18.4% 11% 29.1% 29.9% 12.5%
Below Market 32.3% 15.9% 21.5% 25.2% 24.5% 16.4%
In-Line With Market 12.9% 30.9% 27% 25.3% 18.7% 23.3%
Above Market 6.4% 13.5% 17% 11.7% 21.2% 18.9%
Best Price 0% 21.3% 23.5% 8.8% 5.8% 28.9%

Average Odds Pricing for NFL Underdogs

Pricing Distribution Betfred PointsBet BetMGM FanDuel DraftKings Caesars
Worst Price 0% 4.1% 23.5% 8.8% 5.8% 28.9%
Below Market 6.4% 15.4% 17% 11.7% 21.2% 18.9%
In-Line With Market 12.9% 63.2% 27% 25.3% 18.7% 23.3%
Above Market 32.3% 7.4% 21.5% 25.2% 24.5% 16.4%
Best Price 48.4% 9.9% 11% 29.1% 29.9% 12.5%

Action Network check mark NFL Spread Pricing Summary:

  • Betfred has shockingly unfavorable numbers when it comes to betting on NFL spread favorites. They have the highest volume of worst pricing by far. This is not the sportsbook to look at for favorites betting. Users would be much better off looking at Caesars, BetMGM, or PointsBet.
  • They are in-line with or above the average market pricing a mere 19.3% of the time.
  • Conversely, Betfred has fantastic numbers when it comes to betting on NFL spread underdogs. They offer the best prices 48.4% of the time, making them the top book to visit in this category.
  • Betfred is in-line with or above average market pricing 93.6% of the time.

How much does "Sportsbook Pricing" matter?

These pricing differences are most apparent when the moneylines get bigger. For example:

Action Network Logo 103868_BetFred.png FanDuel Sportsbook Logo
Chargers logo Chargers -205 -200
Rams logoRams +175 +160

Even though Betfred has a slightly worse price on the Chargers, it has a much better price on the Rams, and overall there's less vig on this market than at FanDuel. Over hundreds of bets that start to add up.

Additional Betfred Sportsbook Information

Betfred Customer Service

Betfred makes it easy for users to get help with customized support for each state. Below is a list of support options by state taken from the Betfred website:

Arizona

  • Email: support.az@betfred.com
  • Phone: 480-485-4967
  • Text-to-Talk: 480-900-5866
  • Live Chat: az.betfredsports.com

Colorado

  • Email: support.co@betfred.com
  • Phone: 855-769-4878
  • Text-to-Talk: 720-640-4033
  • Live Chat: co.betfredsports.com

Iowa

  • Email: support.ia@betfred.com
  • Phone: 947-333-9991
  • Text-to-Talk: 515-293-4693
  • Live Chat: iowa.betfredsports.com

Ohio

  • Email: support.oh@betfred.com
  • Phone: 404-620-4975
  • Text-to-Talk: 5130-99-7763

Gambling Problem? Call 1-800-GAMBLER

Betfred Partnerships

Betfred has managed to successfully partner with several sports franchises in the states where they operate. To date, Betfred has partnerships with:

Steve Petrella is a senior editor for The Action Network covering college football, among other things. He's a Penn State grad now based in Atlanta who enjoys great punting, clock-killing drives and turnovers in the red zone.

More from Steve Petrella
Betfred Bonus Code & Sportsbook Review FAQs
Is there a Betfred bonus code?

Not at the moment. New users can sign up to get up to $1,111 in Fred Bets when they bet $50.

Is Betfred Sportsbook legit?

Yes. Betfred has a longstanding reputation overseas, and is now a legal operator in ten states, including Arizona, Colorado, Iowa, Louisiana and Pennsylvania. That means your money is backed by the government, ensuring protection and payout.

Does Betfred Sportsbook offer live betting?

Yes. On top of their many pre-game bet types, Betfred also allows users to bet on games that are in play (mostly on standard markets like spreads, moneylines and totals).

How does Betfred's welcome offer work?

New users at Betfred will get a "Get Up To $1,111 in Fred Bets" bonus. Once you sign up and place a $50 bet, you'll get $111 in fred bets + $200 back per week for five weeks on your losses. 

Does Betfred Sportsbook charge fees for withdrawal?

No. Betfred does not charge for withdrawals, unless they are done through the Play+ method.

Where can I use Betfred Sportsbook?

You must physically be in these states to use the app: Arizona, Colorado, Iowa, Ohio, Pennsylvania, or Virginia. You will have to follow the steps to verify your location depending on the state. Betfred also has physical locations in the states of Louisiana, Nevada, and Washington.

How old do I have to be to bet at Betfred Sportsbook?

You must be 21 years old to bet on sports in the U.S.

Claim Bonus Offers from Other Sportsbooks

How to Choose the Best Sportsbook App

Choosing which sportsbook app to sign up for can be a daunting task that requires a significant deal of research. To help make your life easier, Action Network has developed The Best Sportsbook Quiz. Simply answer a few questions about your location and betting preferences, and our quiz will help tell you which sportsbooks are best suited to meet your needs. Give it a shot! 

Best Sportsbook Quiz Icon

Gambling Problem? Call 1-800-GAMBLER

Take advantage of other sportsbook promos as you build your bankroll:

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