Betfred Bonus Code - ACTION

Betfred Promo Code Information & Review January 2023

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Use our promo code ACTION to unlock the "Bet $50, Get Up To $1,111 in Fred Bets" new user offer. This Betfred Sports offer is valid in Arizona, Colorado, Iowa, and Ohio. 

Betfred Ohio

Legalized sports betting in Ohio is now officially live! Ohio residents can sign up for Betfred here for their promotion of Bet $50, Get a $111 Bonus + Get up to $1000 in Bet Credits.

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

Bet $50, Get Up To $1,111 in Fred Bets

Verified 01/27/23

Must be 21+. Gambling Problem? Call 1-800-GAMBLER

How to Sign Up

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Promo Code for Betfred & Sign Up Process

Betfred Sports Promo Code Key Takeaways January 2023

Betfred Bonus Code

ACTION

Betfred Signup Offer Details

Bet $50, Get Up To $1,111 in Fred Bets. New users only.

Available Legal States

AZ, CO, IA, LA, OH, PA, 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

January 28, 2023

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  

  • $100 Free Bet will be awarded upon settlement of the initial wager

  • An additional $50 Free Bet will be awarded the following Monday after the initial bet settles

  • Place two additional qualifying wagers within 2 consecutive weeks to receive the remaining $100 in free bets

Promotions for Existing Betfred Users

Betfred 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 action.

Betfred Daily Boosts for Saturday, January 28

NHL

  • Flyers beat Jets @ +210 odds (was +180)
  • Senators, Penguins, & Lightning all win @ +240 odds (was +200)

CBB

  • Houston, Illinois, & Duke all win @ +165 odds (was +140)

NFL

  • PHI/SF 1st half over 22.5, AJ Brown longest reception over 26.5, & S. Perine rec yards over 15.5 @ +650 odds (was +515)

Ongoing Betfred Sports Promos

Double Your Win for First Touchdown Scorers

  • Place a First Touchdown Scorer for any NFL game
  • If your player scores a second touchdown, receive double the first score price
  • Applies only to pre-game, straight bets
  • Winnings paid at the completion of game

Refer a Friend Bonus

  • Get $50 for every friend you refer, up to $500

Boosted Parlay Payout

  • Get an extra percentage added to your winnings on 4+ leg parlays, up to $100 in free bets
  • Each qualifying wager must be a cash parlay with a minimum 4 legs and minimum $5+ cash stake, with a minimum of -200 odds for each leg within the parlay
    • Winning 4-leg parlays will be credited with 8% of winnings in the form of a free bet, up to $100 in free bets
    • Winning 5-leg parlays will be credited with 10% of winnings in the form of a free bet, up to $100 in free bets
    • Winning 6-leg parlays will be credited with 12% of winnings in the form of a free bet, up to $100 in free bets
    • Winning 7+ leg parlays will be credited with 15% of winnings in the form of a free bet, up to $100 in free bets
    • Each leg of an eligible parlay must be placed on Full Game Money Line, Spread, and Total O/U Points markets
    • Wagers on straight bets, teasers, Parlay+, Betfred Popular Parlays, futures and Betfred Boosts are not eligible

Betfred Sign Up

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

Step 1. Click here to 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. Betfred is only available to users in Arizona, Colorado, Iowa, Louisiana, Ohio, and Pennsylvania.

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

Click here to begin the Betfred sign up process

Betfred is currently live and available to users in five states. Betfred has already announced plans to expand to several new states in the near-term. Below is a list of current states where Betfred is operating. 

State Mobile Sportsbook  Casino Location
Arizona Yes We-Ko-Pa Casino
Colorado Yes Saratoga Casino
Iowa Yes Grand Falls Casino & Golf Resort
Louisiana Yes Paragon Casino Resort
Pennsylvania Yes Wind Creek Bethlehem

Where Will Betfred Be Legal Next?

Betfred has additional states currently listed on their site where they will be available soon. These states would bring Betfred Sportsbook total representation up to eight.

State Mobile Sportsbook  Casino Location
Ohio Available as of January 1, 2023 Not Applicable
Nevada Coming Soon Mohegan Casino at Virgin Hotel Las Vegas
Washington No Silver Reef Casino Resort

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 (January 2023)

Betfred Arizona

4.0/5 Stars - 113 Ratings - Download at Apple App Store

Betfred Colorado

3.1/5 Stars - 143 Ratings - Download at Apple App Store

Betfred Iowa

4.6/5 Stars - 79 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 free bonuses upon first deposit. Initial risk-free bets or 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 (January 2023)

Betfred Arizona

3.7/5 Stars - 54 Reviews - Download at Google Play Store

Betfred Colorado

3.7/5 Stars - 70 Reviews - Download at Google Play Store

Betfred Iowa

4.7/5 Stars - 23 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.

Betfred Odds

For NFL games and futures betting, check the current odds down-bellow.

Conf Champ NFL Game Odds: San Francisco 49ers vs. Philadelphia Eagles

Below is a selection of odds for the upcoming NFL game: Updated January 28, 2023 - Odds Provided by Betfred - Subject to Change

Team

Spread 

Moneyline 

Total

San Francisco 49ers

+2.5 (+100)

+130

Over 46.5 (-110)

Philadelphia Eagles

-2.5 (-120)

-150

Under 46.5 (-110)

Betfred Futures Odds

Here are the NFL Super Bowl futures odds offered by Betfred: Updated January 28, 2023 - Odds Provided by Betfred - Subject to Change

2022/2023 NFL Team  Betfred NFL Super Bowl LVII Winner 
Philadelphia Eagles +240
Kansas City Chiefs +275
Cincinnati Bengals +300
San Francisco 49ers +325

NFL Pricing vs. Other Sportsbooks

The 2022/23 NFL season is well underway. Our expert data analysts deeply explored ow 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?

Yes! New users can use Betfred bonus code: ACTION to get up to $1,111 when they bet $50.

Is Betfred Sportsbook legit?

Yes. Betfred has a longstanding reputation overseas, and is now a legal operator in 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 "Bet $50, Get Up To $1,111 in Fred Bets" bonus. Once you sign up and place a $50 bet, you'll get $111 in free bets + $200 back per week for five weeks on your losses. Available in Iowa, Arizona, Colorado, Ohio, and Maryland.

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 Arizona, Colorado, Louisiana, Ohio, or Pennsylvania. You will have to follow the steps to verify your location depending on the state.

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! 

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Gambling Problem? Call 1-800-GAMBLER

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