Betfred Welcome Offer: Bet £10 Get £40 in Free Bets
Betfred’s sign-up offer, usability, and reliability all live up to the high standards you’d expect from such a well-established betting site. New customers that take advantage of their welcome offer are rewarded with £30 in free bets when they place their first bet of £10 at odds of evens or greater on any sport.
What is the Betfred sign up offer?
Betfred’s welcome offer gives new customers £30 in free bets after they place their first bet of £10 or more. That 400% bonus-to-outlay ratio is comparable to the best sign-up offers available to new customers.
The simplicity of the Betfred sign-up offer means it’s easy to understand and claim. New customers will find their free bet reward in their account within 10 hours of their qualifying bet settling. The Evens minimum odds requirement is not the best compared to other betting sites’ welcome offers.
Once the free bet is in your account, you can use the free bet bonuses on any sports market. Betfred free bet rewards expire seven days after they are credited, a very short window compared to other betting sites. Keep that time constraint in mind so you don’t lose them.
How can I claim the Betfred sign up offer?
The Betfred welcome offer is easy to understand and even easier to claim. If you don’t have much experience using betting sites, you should follow these steps to claim your Betfred free bets:
1. New customers need to open an account using Betfred.com or the Betfred App.
2. Deposit £10 using a debit card within 7 days of signing up.
3. Place your first bet of £10 at odds of evens or greater on any sports market within 7 days of registering.
4. You’ll receive £30 in Free Bets within 10 hours of your qualifying bet settling.
Betfred’s welcome offer significant terms and conditions
The steps above show how straightforward it is to benefit from the Betfred welcome offer, but it’s always worth being on top of the key terms to make sure you don’t get caught out. We’ve highlighted the significant terms below.
Who is eligible for this Welcome Offer?
New customers residing in the UK who are at least 18 years old and who register for an account with us on any day other than Aintree’s Grand National day (13/04/2024). Customers must be successfully verified by us before any Free Bets are awarded. Please see our Verification Policy for more details.
How do you get the Free Bets?
Make your first deposit of at least £10, using a Debit Card registered to you, within 7 days of registering for an account with us. No other payment method will qualify. Place a bet of £10 or more on any qualifying Sportsbook markets at odds of Evens or greater (2.0+), which is going to be settled within 7 days of registering for your account. Two or more separate bets with a combined stake of £10 will not qualify. Only your very first valid bet will count. If your bet is voided or cancelled by us: it will not count and the next valid bet you place will be considered instead. If your account is set to euros you will need to deposit and bet €10 to qualify.
What bets or markets will not qualify?
Bets placed using Free Bets will not qualify for this offer. Totepool bets and Virtual markets are not included. If you CashOut your bet, it will not qualify, and you will not receive this Welcome Offer.
When will you be credited with your Free Bets?
Your £30 in Free Bets will be credited within 10 hours of your qualifying bet being settled. Crediting may be delayed if additional documentation is required.
Are there any other limitations you should know about?
Free Bets can be used on any Sportsbook market. The Free Bet amount cannot be withdrawn as cash and will not form part of any winnings paid to you. Any unused Free Bets will expire 7-days after issue. One welcome offer per address/IP address/device or mobile number. Previous account holders are not eligible for the offer. Anyone opening a Betfred.com account that has previously held an account with us that is closed does not qualify for the offer. In the event of a dispute, the decision of the Betfred Management Team will be final and based on our Terms and Conditions.
How does the Betfred new customer offer compare with other betting sites?
Welcome offers are the most significant method betting sites use to attract new customers. The value provided by the Betfred welcome offer is excellent. It has a highly competitive 400% bonus-to-stake ratio, and the total value of the free bets on offer is also decent compared to other betting sites’ sign-up offers.
The list below details the sign-up offers at some of the biggest bookmakers:
|Size of qualifying bet
|Free bets on offer
|Bonus to stake ratio
**New Customer offer. Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards will qualify. T&Cs apply. Please Gamble Responsibly.
***18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 1x £20 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply. .
*****New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org 18+T&CS apply.
Do Betfred offer any free bets to existing customers?
Betting sites also have a range of promotions targeted at existing customers. Running promotions that give regular bettors free bets is one of the most common ways they reward existing customers. Betfred runs several promotions like this. We’ve listed the best of their existing customer offers below.
Pick Your Punt Bet Builder Free Bets
Pick Your Punt is Betfred’s version of the increasingly popular bet builder accumulator. Working similarly to a standard accumulator, this bet combines multiple selections from one fixture instead of various games. Betfred rewards existing customers who place a Pick Your Punt bet on selected fixtures with free bets. They usually select the weekend’s biggest games to include in the promotion, meaning you don’t have to be a football expert to get involved.
Free Bet if 2nd Horse Racing Offer
Horse racing is one of the most popular sports for punters to bet on. Existing Betfred customers can take advantage of this offer that gives them their state back as a free bet if the horse they backed finishes second in selected races. Racing fans can choose which of the selected races they want to get involved in and how often they want to take advantage of this promotion.
Betfred Free Bet Club
This type of promotion is increasingly common on betting sites. It rewards existing customers who regularly spend a certain amount with free bet rewards. Betfred’s version often changes but always offers existing customers free bet rewards. To earn the Betfred free bet rewards, customers typically need to place a specific number or value of bets on specified events.
How did the Betfred welcome offer rank at the 2023 UK bookmaker awards?
The 2023 UK Bookmaker Awards recognized which betting sites gave customers the best value in different betting-based categories. Run by a leading digital sports media company, Better Collective, the awards consider several factors, including customer surveys, market research and long-term data collection.
One of the awards given out was for the best welcome offer. Betfred’s sign-up offer only ranked in the middle of the field, meaning they believe it was only an average promo. While it didn’t top the rankings in the sign-up category at the awards, it was far from the bottom and does offer an impressive 400% bonus-to-stake ratio.