Betfred Sign Up Offer & Promo Code: Bet £10 and Get £50 in Free Bets

Founded in 1967 by brothers Fred and Peter Done, and operated by Petfre (Gibraltar) Ltd, Betfred is a full-service gambling site with horse racing, sports betting, a casino, and more. 

Betfred Sign Up Offer Explained in Detail

Get started with Betfred and grab a cool £50 in Free Bets, including free sports bets and free spins on some fantastic slots. Just sign up using the promo code SUMMER50, deposit, and then kick things off with a £10+ wager on sports at odds of 2.0 or more. 

How to Claim The Betfred Sign Up Offer

Participating in the Betfred promotion is pretty simple. Follow this step-by-step guide and you’ll be enjoying your rewards in no time:

1. Visit the Betfred website via the links on HorseRacing.Net
2. Locate and click the "Register" button at the top of the homepage
3. Complete the sign-up form by entering all required details accurately. Make sure to input the code: BETFRED50
4. Choose a unique username and password that you'll easily remember
5. Proceed to deposit at least £10
6. Place a wager of £10 or more on eligible Sportsbook events (ensure these bets have odds of at least 2.0)
7. The Betfred sign up offer Cheltenham of £50 in free bets will then be credited to your account.

Betfred Sign Up Offer Key Terms and Conditions

Before you claim the Betfred sign up offer, it’s important to understand the key T&Cs. Here’s a quick rundown to ensure you’re up to speed with the small print.

Eligibility

The offer's just for new UK customers over 18. You get one shot per address/IP/device/mobile number, and it's a no-go if you've had a Betfred account before that you closed.

Verification

You've got to clear the verification checks to be in for the Free Bets. No free bets for accounts that haven't been verified.

Deposit  

Pop in £10 or more using your debit card within a week of joining. Prepaid cards and e-wallets are out for this offer.

Qualifying Bet  

Place a £10+ bet on sports markets with odds of 2.0 or higher within your first 7 days. Remember, lumping bets together doesn't work here.

Bet Restrictions  

Free bets, Totepool, virtual, and cashed out bets are off the menu for this promotion.

Bonus Crediting  

Expect £30 in free bets and £10 in free spins, all in your account within 10 hours of your bet being settled. Hang tight if they need more info from you – it could delay the bonus.

Free Bet Limitations 

You can't turn free bets into cash, and the stake isn’t returned. Enjoy them within 7 days.

Free Spins 

Spin away on Eye of Horus, Fishin’ Frenzy, or their Megaways versions. Each spin’s worth 20p, and you've got 7 days to use them.

Winnings 

Anything you win goes straight to your cash balance.

SMS Validation 

Keep an eye on your phone, as you might need to validate via SMS within 7 days of your first bet.

Does Betfred Offer a Promo Code?

The Betfred bonus code is BETFRED50. When you use our link, this code should be prefilled on the last part of the registration form.

How Does The Betfred New Customer Offer Compare with Competitors?

The Betfred new customer offer is a popular pick among punters, but it isn’t the only deal in town. In the table below, you can see what’s on the menu at other top online bookies.

Mistakes To Avoid When Claiming the Betfred Welcome Offer

While getting the most out of the Betfred welcome offer is easy, it’s important to steer clear of common mistakes. Here’s a quick guide to the key pitfalls to avoid:

• Not Using the Betfred Promo Code – The code BETFRED50 should be prefilled when you use our link. Double check that it’s in place to ensure you get your freebies. 
• Failing to Verify Your Details – Make sure to complete Betfred's verification process. If you're not verified, you won't get the free bets or spins.
• Using an Ineligible Payment Method – Remember, only deposits made with your debit card qualify. Deposits via prepaid cards or e-Wallets won't count.
• Depositing Too Little – The minimum amount for regular deposits at Betfred is just £5. However, to claim the welcome offer successfully, your first deposit should be £10+. 
• Betting at Less Than the Minimum Odds – Your first bet needs to be at odds of 2.0 (evens) or greater. Bets below this won't trigger the bonus.
• Missing Qualifying Bet Deadlines – Get your qualifying bet placed and settled within 7 days of registering. If you miss this window, you'll miss out on the offer.
• Letting Free Bets and Free Spins Expire – Use your free bets and spins within 7 days of receiving them. Unused Free Bets will disappear after a week.
• Loading the Wrong Slot – The free spins are only valid for Eye of Horus, Fishin’ Frenzy, and their Megaways versions. Fire up one of these games to use your spins.
• Ignoring SMS Validation – You might need to validate your participation via SMS within 7 days of your first bet. Don't skip this step if prompted, or you could lose your Free Bets.

Betfred Free Bets and Offers for Existing Customers

Betfred means business when it comes to bonuses for existing customers, with a wide range of offers to choose from. Let’s check out some of the deals on the promotions page:

Best Odds Guaranteed

Bet on UK, Irish, and selected international horse racing after 8am on race day and get the best odds if you win – SP or your bet price – whichever is higher. Some exclusions apply. A similar offer applies to UK and Irish greyhound racing. 

Free Bet if 2nd

Place a win or each-way single bet on selected horse races, and if your horse finishes 2nd, you'll receive your win stake back as a free bet, up to £10, for use in any horse racing market.

Free Bet if 2nd or 3rd 

On some races, Betfred refunds your win stake if your horse finishes 2nd or 3rd, giving you an extra chance of a bonus. The free bet, worth up to £10, is for international horse racing. 

Extra Place Races

In selected horse races, Betfred offers an extra place, increasing your chances of a payout. Super Extra Place Races offer 2 extra places, though Best Odds Guaranteed doesn’t apply. 

Multiply Your Odds

Betfred boosts your odds when you have just one winner in Lucky 15, 31, or 63 bets, giving you 3x, 4x, or 5x the odds, respectively. Available for horse and greyhound racing.

Lucky Bonus

Get a cash bonus of 10% on Lucky 15/Yankee bets, 20% on Lucky 31/Canadian bets, and 25% on Lucky 63/Heinz bets if all selections are winners. Applies to horse and greyhound bets, and their virtual counterparts. A similar offer pays out a 10% cash bonus on greyhound tricast bets.

Double Delight & Hat-trick Heaven

At Betfred, if your first goalscorer scores again, you'll get double the odds, and if they achieve a hat-trick, it's triple the winnings. Also available in-play on the next goal scorer market. 

Acca Flex

Pre-match football accumulators with 5+ selections on selected markets can earn you a cash bonus of 2.5% to 50% if all selections win or a maximum £10 cash refund if one leg loses.

Anytime Touchdown Insurance

In pre-match accumulators with 5+ NFL Anytime Touchdown scorer selections, enjoy a free bet refund of between 50p and £20 if one bet loses. These free bets are exclusively for NFL use.

Virtual Weekly Rewards

Bet £250+ on virtual scheduled sports (inc. virtual bingo) in a week and get 5% of stakes back as free bets the next Monday by 6pm, up to £100. 

Mystery Free Spins

Opt in for a chance to win up to 50 free spins daily (selected slots), with no deposit or wagering. You can secure a minimum of 10 free spins (max 100) by staking £10 on slots the previous day. 

Free Spins Acca

Opt in and stake £10+ on slots between Monday and Sunday to collect up to 200 free spins, each worth 10p. Free spins are credited each Monday for selected slots. 

Drops & Wins

Opt in and play eligible games like Big Bass Amazon Xtreme and Mustang Gold for a chance to win daily cash prizes of up to £2,500, as well as a share of £255,000 in weekly prizes, including a top prize of £25,000. 

Comp Points

Earn 1 comp point for every £10 staked on slots at Betfred Casino. Collect 1,000 comp points to convert them into £10 cash. Play the Game of the Week to score double points.

The Big Quiz

Participate in The Big Quiz for free and earn 100 points for each correct answer. Rack up 700 points or more to have a chance to win a share of the $2,000 prize pool during the weekly Live Trivia Room sessions on Tuesdays and Fridays at 9pm (not available in the iOS app).

Weekly Bingo Bonus

Opt in and stake £5+ on bingo tickets from Monday to Sunday to receive 5% of your stakes back. Paid every Monday as a bonus for Betfred Bingo and valid for 6 days.

Betfred Responsible Gambling Features

Betfred offers various tools to help you gamble responsibly, all easily accessible from the Safer Gambling section of your Account area.  You can also speak to a member of the customer service team by contacting [email protected]. Here’s a roundup of what’s on offer:

• Time-Out – Need a breather from gambling? Use Time-Out to take a short break for 24 hours, a week, a month, or up to 6 weeks.
• Self-Exclusion – If gambling isn't fun anymore, try Self-Exclusion. It locks your account for 6 months up to 5 years. Once set, there’s no turning back until it's done.
• Deposit Limits – Keep control by setting limits on how much you deposit for 24 hours, 7 days, or 30 days. Can be set during sign-up or later and can't be changed in a rush.
• Reality Checks – Get reminders of how long you've been playing. Handy if you're worried about your time. You can adjust how often you get these alerts.
• Online Account History – Keep tabs on your transactions, deposits, and withdrawals. Your balance info's always there when you're logged in.

Our Experience Using Betfred

My experience with Betfred is always enjoyable, not least thanks to the clear racecards and easily accessible offers on the horse racing page. Their wide range of horse racing promotions, including ‘Free Bet if 2nd’, has benefitted me multiple times. Additional online gambling options like casino games and poker add excitement, and the dedicated mobile app is a convenient feature for on-the-go betting.

While there are many positives, there are occasional drawbacks, such as the absence of a weekly bet club for regular sports, unlike virtual betting. Nonetheless, this bookie gets the green light from me. 

My top tips are to make the most of Betfred's varied horse racing promotions, explore the diverse betting options they offer, and take advantage of their flexibility in claiming welcome offers across different areas of the site. For instance, even if you've already used the sports betting welcome bonus, you can still enjoy offers like 5 free Golden Chips (worth £1 each) for staking £20+ in Betfred's live casino for the first time.