Betfred Sports Promo Code December 2024: Up to $105 Bonus
Editor's Note (Aug. 31, 2024): Betfred continues to exit U.S. markets in 2024. We will continue to share pertinent updates as the situation unfolds.
New Betfred Sports users can access up to a $105 bonus offer in Iowa without the need for a Betfred promo code.
Claim one of the most user-friendly sportsbook promos of 2024 by using our exclusive link below.
$105 on Fred
Betfred Sports promo code terms and conditions
The terms and conditions of redeeming this Betfred new user promo are fairly meticulous, so be sure you fully understand the parameters below:
You can claim this offer without the need to input a Betfred promo code.
Make an initial wager of $20 on any sports market with odds of least -200.
If you qualifying wager loses, Betfred sportsbook will issue your stack back, up to a $105 Fred Bet upon settlement of the bet. The offer is void if the wager wins.
Fred Bets can be used on any sports market and are non-transferable or withdrawable.
The bonus funds expire seven days from issuance.
The following bets do not qualify for the bonus: futures, boosts, voided, and canceled bets.
Best current Betfred Sports offers
Here at Covers, we pride ourselves on our due diligence and can confirm that the current Betfred promo code offer is legitimate and available to those of legal gambling age who reside in Iowa. Betfred is also active in Nevada, and Washington, but only via retail sportsbook. There is no sports betting welcome bonus available in Pennsylvania.
$105 on Fred
First-time bettors can activate up to a $105 bonus by making an initial wager of $20 on any available sports market with odds of at least -200.
Eligible customers receive up to $105 in Fred Bets upon their initial wager of at least $20 settling as a loss. Once settled, the sportsbook will issue the entirety of your first real-money stake bet, up to $105, back in Fred Bets. The bonus bets are non-withdrawable, but their winnings can be redeemed.
How to claim the Betfred Sports promo code
Claiming your Betfred Sports sign-up bonus is straightforward, but it requires a couple of weeks to be fully released. Just follow our easy steps below, and you’ll be betting like a pro in no time.
Register
Register for an account on the Betfred Sportsbook website. No Betfred Sports promo code is required during sign-up to redeem the promo offer.
Deposit funds
Verify your account, choose a deposit method, and transfer funds into your new Betfred Sportsbook account.
Make a wager
Once your funds have been deposited securely in your account, you are free to choose a sports betting market and make your first sports bet. Remember: your qualifying bet must be at least $20 and contain odds of -200 to be eligible for the Betfred Sportsbook promotion.
Withdraw winnings
If your qualifying bet settles as a loss, the sportsbook will kick back your initial stake in Fred Bets, up to $105. Though the bonus funds cannot be redeemed, you can keep the profits earned from the Fred Bets, which expire after seven days.
Recent News
Sportsbook bonus comparison
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Welcome bonus | $105 on Fred | Bet $5, get $150 | Bet $5, Get $150 if You Win + 3 Months of NBA League Pass | $1,000 in No Sweat Bets |
Promo code | Not required | COVERS | Not required | Not required |
Bonus type | Second chance bet | Bet and get | Bet and get | Second chance bet |
Bonus form | Up to $105 in bonus bets | $150 in bonus bets | $150 | Up to 10 $100 bonus bets |
Wagering period | 7 days | 7 days | 7 days | 7 days |
Min. deposit | $10 | $10 | $5 | $5 |
Covers BetSmart Bonus Rating | ? 4.2/5 | ? 4.4/5 | ? 4.9/5 | ? 4.0/5 |
List of sports you can bet on with Betfred Sports
Betfred Sports has competitive betting options for a variety of markets to satisfy eager users.
All of the major North American sports leagues are well-represented, including:
They also offer other sports markets such as college sports, NASCAR, cycling, rugby, tennis, WNBA, cricket, horse racing, F1, boxing, and darts. BetFred is among the top esports betting sites in 2024 as well.
Additional Betfred Sports promotional offers
In addition to the welcome bonus, Betfred Sports also had a limited range of promotions available for regular sports bettors, including ticket giveaways and loyalty bonuses.
Betfred Sportsbook also has a loyalty bonus that can give existing users boosted odds which can increase the expected payout. For example, if someone bet the Denver Nuggets, at +120, to beat the Phoenix Suns at Footprint Center — Betfred Sports may boost Denver's odds to +150 and help the bettor earn more.
Type of Betfred Promo Offer | Description of Betfred Promo Offer |
---|---|
Betfred Loyalty Bonus | Betfred sometimes offers returning users boosted odds for a variety of markets. This can favorably increase the odds by upwards of +100. |
Betfred Ticket Giveaways | Betfred holds raffles for ticket giveaways to a wide range of sporting events. Betfred rewards points can be redeemed for entry into these contests. |
Refer-A-Friend | Send a friend your unique link found in the 'Refer' section, and once they sign-up and deposit at least $10, you'll both get $50 in sportsbook referral bonuses. |
Get a Soccer Wager on Us | Place nine soccer wagers with minimum -200 odds and get up to a $20 Fred Bet to use on your tenth wager. |
Soccer Choke Insurance | Place a pre-match moneyline wager on any soccer team, and if they lose after leading by two at any point of the game, you get 100% of your stake back as a Fred Bet. Your qualifying wager must contain minimum odds of -200. |
Soccer Double Delights & Hat Trick Heaven | Opt in and place a minimum $10 wager on an anytime goal scorer during any soccer match to receive two or three times your winnings if your backed players score more than two goals. This offer is available until Dec. 31, 2024. |
Betfred Sportsbook review
Betfred Sportsbook has been around since 1967 (operating in the U.K.) but didn’t enter the United States market until it hit Colorado in September 2020. It is currently available in Iowa, Nevada, Pennsylvania, and Washington.
Betfred was last reviewed by Covers in December 2024 and received a 4.2/5 in our Covers BetSmart Rating, including a 4.6/5 in the ‘Security & Trust’ category and a 4.4/5 in the ‘Key Features’ category. Those who are 21 years of age or older can use Betfred Sportsbook, either on their website or mobile app, which is available for both iOS and Android.
A few different advantages come with some of Betfred Sports’ main features, including live betting and early cash-outs. Betfred also boasts daily odds boosts and other special promotional campaigns such as the ‘Betfred Sports Pick 6’ — which awards a $100 bet to all users who correctly answer six of ten questions. We recommend Betfred Sportsbook for an enjoyable sports betting experience with a solid selection of odds.
Betfred iOS rating
Betfred Sports mobile app users with Apple have settled on a solid 4.4/5 rating from almost 27,500 reviews.
Betfred Android rating
The Betfred sportsbook app holds a mediocre rating of 3.8/5 with Android users.
User reviews
Check out what people are saying about Betfred Sportsbook app:
"I think the lay out is better than some of the other apps available. A good experience so far, with the betfred app."
- App store reviewer
"Had a problem withdrawing cash so used online chat. Realised I hadn't been verified so sent required docs to email address given. Response was given within hours (I thought it would take much longer) and were professional throughout. Actual app itself is good, easy to use."
- Google Play store reviewer
For a thorough evaluation of the site, check out our complete Betfred Sports review.
Betfred key features
Betfred is a staple in the UK gaming industry, and below are the top features that North American bettors can expect from the operator:
Live betting
Bettors can capitalize on game trends and jump in on the action as it unfolds with Betfred's "in-Play" section, which presents up-to-the-minute live odds for various markets across many leagues.
Market coverage
No matter your betting preference, Betfred more than likely has you covered, offering competitive odds and a plethora of betting options from everything from the NBA to esports.
Ongoing promos
Betfred has a steady flow of enticing ongoing promotions for its regular bettors. Recently, the online sportsbook utilized its partnership with the Denver Broncos to give away free tickets as part of a social media contest.
Betfred customer support
Betfred has a reliable online customer service team that is available to provide 24/7 text message support. Unfortunately, online live chat and telephone customer service are not available. They also offer additional support via their responsive social media channels.
- Live chat (text Line): 24/7 via 720-640-4033
- Email: support.co@betfred.com
- Phone: 1-855-769-4878
- Support languages: English
- X (Twitter): @BetfredSports
Betfred hits and misses
Betfred has more than 50 years of sports betting experience, but that doesn't mean it is immune to improvement. A few of the top hits and misses from Betfred are highlighted below:
Hits
Misses
Betfred Sports payment methods
Betfred Sports offers a fairly limited number of banking options, but they are all trusted methods that will keep your financial information secure.
Method | Deposit | Withdrawal |
---|---|---|
Play+ | ? | ? |
eCheck | ? | ? |
PayNearMe | ? | ? |
Bank transfer | ? | ? |
Is Betfred Sports legal?
The Betfred Sports new user promo can be accessed here and is available in Iowa to everyone 21 years old.
Betfred is also available in Louisiana, Pennsylvania, Nevada, and Washington but is retail-only.
State | Sign-up bonus | Launch Date |
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$105 on Fred
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March 2022 | |
N/A
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February 2023 (retail) | |
Up to a $400 deposit match
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November 2022 | |
N/A
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August 2022 (retail) |
Make sure to monitor our tracker of all states with legal sports betting, to keep an eye on when new states go live.
Recent Betfred Sports updates
Follow for all the latest Betfred Sports news in the legal U.S. sports betting market.
Nov. 4, 2024: Betfred exits the Arizona market, leaving only four states the online sportsbook still operates in.
Oct. 21, 2024: Betfred officially exits Virginia, leaving Arizona and Iowa as the remaining two legal U.S. states the sportsbook operates in.
Oct. 2, 2024: Betfred announces that it will be exiting the Virginia sports betting market on Oct. 21.
Sept. 19, 2024: Betfred continues its U.S. market exit by planning to cease online operations in Arizona on November 4.
July 22, 2024: Betfred will exit Ohio later this summer, marking the second U.S. market that the UK-based sportsbook has exited recently.
June 24, 2024: The U.S. sports betting competition is shrinking, with Betfred and Tipico planning to exit markets shortly.
Oct. 16, 2023: Betfred Sports unveils its latest new user welcome offer — up to $105 on Fred following an unsuccessful initial wager.
Feb. 9, 2023: Betfred launches retail sportsbook in Nevada, as North American expansion continues for the U.K. sports betting operator.
Feb. 9, 2023: The eighth online operator arrives in MD with the launch of the Betfred Maryland sports betting app.
Feb. 2, 2023: Betfred Sports launches in another new state with the debut of its Virginia sports betting app.
Jan. 1, 2023: Betfred Sports goes live in Buckeye State with the launch of its Ohio sports betting app.
Bedfred Sports promo code summary
? Betfred sign-up bonus |
$105 on Fred |
? Minimum deposit |
$10 |
? Maximum bonus | $105 |
? Eligible bet types | All bet types |
? Eligible states | IA, NV, PA, WA |
? Betfred mobile app | iOS and Android |
? Offer expiry | Dec. 31, 2024 |
? Last verified | Dec. 6, 2024 |
More sportsbook sign-up bonuses
Choosing the sportsbook that's right for you is key. That means doing research and comparing different sports betting options to ensure you're making the best choice.
We've done a fair amount of that work for you and have assembled some bonus guides to help you navigate the sports betting space.
Betfred promo code FAQ
Yes, the Betfred sportsbook is fully-licensed and therefore completely legal in Iowa, Nevada, Pennsylvania, and Washington.
There is no promo code required for new users. Simply click this link to claim your sportsbook sign-up bonus.
To activate the bonus, bet $20 on any sports market with odds of -200, and if it loses, receive the your entire initial stake back in Fred Bets, up to $105.
Fred Bets are separate from your account balance but used the same as regular bets. Fred Bets cannot be withdrawn as real cash.
Any new users who are at least 21 years old and who reside in eligible states.
The Betfred bonus betting credit can only be used to place Betfred sportsbook wagers. It cannot be withdrawn as real cash.
Betfred Sports' Fred Bets should be credited to your account within 24 hours of your initial qualifying wager settling as a loss.
There is a wide range of betting markets on Betfred Sportsbook including football, basketball, hockey, baseball, college football, college basketball, champions league, international sports, and all major sports events.
A Fred Bet is a second-chance bet that is generally administered after a deposit and an initial wager, in the case that it loses. The value carries a maximum amount and is equal to the size of the initial wager.
Christian Stringer is a Betting Editor who joined Covers in 2022 — managing, editing, and publishing commercial content related to the North American sports betting and iGaming industries.
After graduating from Mount Allison University, Christian had extended stays in Italy and the British Virgin Islands, providing him with a global outlook on all things entertainment.
A lifelong sports fan — with a love of sailing, skiing, basketball, and football — Christian spent a decade as an award-winning account executive managing clients that included Rootz, 888, ComeOn!, EastLink, and the largest poker site in the world, GG Poker. He transitioned into onboarding white labels, programming sportsbook and online casino campaigns, bingo, 50/50, and lottery games while developing strong connections with First Nations gaming providers and affiliates.
This unique perspective and over 30 sportsbook reviews provide keen insight he hopes will help educate new and experienced sports bettors.