Betfred Review

- Get the best horse racing odds -

  • 50+ years experience
  • UKGC/Gibraltar licenses
  • 200+ horse races/day
  • Pick Your Punt
  • High winning limits
Platforms: Desktop Mobile Android iPhone
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Betfred logo

Betfred is a well-known name among bettors in Britain. It is the epitome of uncomplicated betting, and one of the last UK betting giants still privately owned. The sportsbook was the first to offer a Lucky 15 bet and the first to pay out bettors before a result was guaranteed in 1998. The horse and greyhound racing sections are some of the most complete among online bookies. If you asked me who the best High Street bookmaker is, I would easily tell you, Betfred. However, the transition from shops to online betting has not been so smooth. You can see that most of their business still comes from the High Street, as the platform lacks finesse. The number of markets and payment methods available does not even come close to what the competitors are offering. In addition, for a sportsbook that has been online since 2004 and had a revenue of £10 billion in 2019, the expansion internationally has inexplicably been overlooked. Nonetheless, it is still one of the top options for all the major UK sports.

Founded in 1967 by Peter and Fred Done, the Betfred bookmaker is long associated with sports betting. The brand maintains over 1,600 betting shops in the UK & Ireland and went online in 2004. The company holds licenses in both the UK and Gibraltar, while the betting platform is built in-house. It is the official sponsor of several sporting events, namely the British Masters, the World Snooker Championship, and the Scottish Cup.

Betfred bookmaker only accepts players from the UK, Ireland, and Gibraltar and has yet to expand internationally. The highlights of the online sportsbook are the high stake and winning limits, the 200+ horse races daily,  as well as the available betting features, like PickYourPunt and Live Streaming. Keep on reading this Betfred review to see what else it has to offer.


Betting Markets 7.7

Odds 7.5

Live Betting 7.4

Reliability 8.2

Payment Methods 8

Withdrawal Speed 8.4

Customer Support 8.2

Bonuses 8.1

Mobile 8.6

Sportsbook Experience 7.9

Players Rating: (3 Rates) 8.8

How the total rating is calculated

Why choose Betfred
Get the best horse racing odds
  • 25+ sports
  • Live Streaming
  • Full Cash Out
  • Player Special Bets
  • 95% tennis payout
  • 100+ greyhound races/day
  • Android/iOS apps
  • 24/7 Customer Support
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Betfred Bookmaker Review

With over 50 years of experience, Betfred bookmaker is one of the oldest names in the sports betting industry. It comes with competitive tennis odds, thousands of pre-match and live events every month, as well as hundreds of horse and greyhound races daily from many countries.

Betfred UK Sports & Odds

The Betfred sportsbook offers more than 25 sports. These range from horse racing, football and tennis, to cycling, politics, and snooker, while the overall payout is 93%. Players can find 60+ football markets pre-match, like Correct Score and European Handicaps, but no Cards, Corners, and Asian Handicaps. The top football events every day are offered with a Price Boost.

The horse and greyhound sections in the Betfred bookmaker accommodate more than 150 races daily from several countries, like the UK, Ireland, the US, and Australia. Bettors can place ante-post wagers ahead of time on major tournaments, alongside Special Bets, such as Winning Distance and Favourites Performance. In tennis, the οdds are very competitive, with a payout of 95%.

Live Betting in the Betfred Sportsbook

The in-play offering contains 1,500+ events weekly and an overall payout of 93%. Betfred UK offers an extensive stats and graphic section that showcases what happens on the top matches. Players can add live events to the favorites and follow them on a separate tab. The payout in football is below average, and there are 30+ markets at hand, like European Handicaps and Rest of Match Result. You can find up to 20 betting options in snooker and tennis, such as Handicaps and Win the Set/Frame. Our Betfred review revealed that all live bets are processed within 4’’.

Top Betfred Betting Features

Betfred website provides a variety of betting features. Cash Out is available, but only in Full; Partial and Auto Cash Out is missing. There is an icon that indicates if Cash Out can be used on the event. With the PickYourPunt function, which works as a Bet Builder, players can combine markets from the same event in one betslip. Using the PickYourPunt hashtag on Twitter, you can request odds on a selection that does not appear on the sportsbook. Live Streaming can be accessed for horse and greyhound races as long as you have a minimum £1 bet on the race. Betfred UK also offers LS for other sports, like football, tennis, and table tennis, but for limited matches and leagues.

Other key Betfred Bookmaker info

Online sportsbooks do not only tend to the betting product but consider many other aspects too. On-the-go bettors can find a native app both in Android and iOS versions. The Customer Support can be reached 24/7 in English via Live Chat, email or phone. The Betfred sportsbook’s winning limits are high: you can win up to £1,000,000 on the top football and horse racing events. Deposits are instant and with no charge, and withdrawals take between 1-3 days. Note that commission fees apply for multiple bank withdrawals within the same month. Among others, players can fund the accounts via VISA, Mastercard, PayPal, Skrill, and Neteller.

Betfred Info
Year established
Online Since
License Holder
Petfre (Gibraltar) Limited
Betfred CEO
Fred Done
5.2 Waterport Place Gibraltar
Operating License
Gibraltar, UKGC
Bookmaker Type

Betfred Deposit Methods

  Charge Min. Deposit
VISA Free of charge £5  
Mastercard Free of charge £5  
PayPal Free of charge £5.50  
Paysafecard Free of charge £5  
Skrill Free of charge £5  
Neteller Free of charge £5.50  
Bank Wire Free of charge £85  

Betfred Withdrawal Methods

  Min. Withdrawal Time
VISA £5 3-5 days
PayPal £5 Couple of hours
Skrill £5 Couple of hours
Neteller £5 Couple of hours
Bank Wire £25 2-5 days
Betfred Pros
  • 50+ years of experience
  • UKGC/Gibraltar licenses
  • 30+ sports
  • More than 200 horse races/day
  • Pick Your Punt
  • Live Streaming
  • Full Cash Out
  • Player Specials in football
  • 95% tennis payout
  • 100+ greyhound races daily
  • High winning limits
  • Telephone betting
  • 24/7 Customer Support
  • Android/iOS mobile apps
Betfred Cons
  • Many country restrictions
  • Slow verification process
  • Below par overall payout
  • No Irish Welcome Bonus
  • No Asian Handicaps
  • No Partial/Auto Cash Out
  • No Card & Corner Bets
  • Few alternative handicaps in tennis
  • Few football markets pre-match & in-play
  • Fees on multiple bank withdrawals
More information about Betfred

Betfred Support

Support channels
Email, Live Chat, Telephone
UK 0800 03 20 878 - Outside UK 0044 1925 285023
Phone Betting
Yes / UK 0871 218 6163 - Outside UK +44 871 218 6163
Support languages

Betfred Betting

Min. Bet
Max. profit
Type of odds
American, Decimal, Fractional

Betfred Odds


Betfred Sign Up

Bet Builder, Cash out Full, Live Streaming, Request a bet
Websites Languages
British Pound, Euro
PC, Mobile, Tablet
Mobile App
Android, iPhone
Alexa Rank
Betting, Bingo, Casino, E-Sports, Games, Live Casino, Lottery, Poker, Virtual Sports
Common Misspellings
bet fred, fredbet
CS:GO, Call of Duty, Dota 2, FIFA, League of Legends, Overwatch, StarCraft

Betfred Sports & Markets

American Football, Australian Football, Basketball, Boxing, Cricket, Cycling, Darts, Entertainment, Football, GAA Football, Golf, Greyhounds, Handball, Horse Racing, Ice Hockey, Lifestyle, MMA, Martial Arts, MotoGP, Motor Sports, Politics, Rugby, Rugby Union, Snooker, Special Bets, TV, Table Tennis, Tennis, US Sports, Volleyball, Winter Sports
Additional Betting Selections
Alternative Handicap Basketball, Alternative Handicap Tennis, Oscars
Q: Is Betfred a scam?

Betfred is one the most experienced bookmakers, with more than 50 years of experience. It would not survive that long if it wasn’t safe. Besides, the company holds two Tier 1 licenses in the UK and Gibraltar, which means that it can be trusted.

Q: How to delete Betfred account?

If you wish to close your account altogether, contact Betfred customer service and inform them of your request. If you are unsure, you can leave your account dormant for up to 6 months or choose to self-exclude for a specific period.

Q: How can I file a complaint against the bookmaker?

There are two options. You can either use the Betfred Live Chat to reach the in-house team and let them handle the situation, or you can contact the UKGC or Gibraltar Betting and Gaming Association directly. Alternatively, head to the complaints page, leave a review and we will handle your issue on your behalf.

Q: What is the Betfred withdrawal time?

Depending on the payment method, you will need to wait between 2-5 days for the money to reach your account. The minimum withdrawal is £5 for all payments except for bank transfers, which is £25. Remember that commission fees apply for multiple bank transfers in the same month.

Q: What is the Betfred max payout?

The maximum a player can win in the major football and horse racing events is set at £1,000,000. In golf and tennis, the amount drops to £500,000. For smaller sports, it usually is £100,000, and for special player bets and other exotics, it is £10,000.

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