Betfred Horse Racing

Reading user reviews is a beneficial strategy to gain insights into a platform like Betfred for horse racing enthusiasts.

By reviewing the experiences shared by other users, you can better anticipate what to expect when using this site.

our team have reviewed Betfred in 2024 to share the current promotions and features from this UK sportsbook.

As with many online platforms, Betfred receives various reviews from its users. While it’s highly regarded as an excellent destination for horse racing enthusiasts, individuals seeking a wider selection of games may find their options limited, given its primary focus on horse racing betting.

Find out more about this online bookmaker today:

Betfred Horse Racing Welcome Offer

Betfred offers a great horse racing sign-up bonus. When you register for Betfred, you can bet £10 and get £50 in bonuses.

Betfred Horse Racing

Betfred Horse Racing

New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required.

Full T&C's Apply

This betting offer is one of the best we have seen for a while!

Betfred Bet 10 Get 50

This Betfred welcome bonus, bet 10 get 50, is one of the best offers for betting online.

The above offer applies when you wager £10 or more on your first horse racing bet. The betting odds should be of evens (2.0) or greater. You will then receive £50 in bonuses in your account.

The bonus will show up within 48 hours after you have place your bets.

How to Claim Free Bets at Betfred

To claim free bets at Betfred, simply:

  1. Sign up to Betfred using our welcome offer above
  2. Click ‘opt in’ for the betting bonus
  3. Deposit a minium of £10 in your account
  4. Place a bet for £10 at odds of even or greater
  5. Once this bet has settled, you will automatically receive your £50 bonus

Betfred Wagering Requirements

Like with all sportsbooks, we recommend checking the wagering requirements before signing up.

You usually have to wager a set amount of times before you are able to withdraw any cash.

The wagering requirements can be found in the terms and conditions of the website.

Please note, unused Betfred free bets will be removed after seven days.

Ongoing Promotions for Betfred Customers

When opening a new betting account, it’s essential to consider factors beyond the initial welcome bonus.

While new player bonuses may initially entice, it is crucial to assess ongoing offers and promotions.

We were particularly impressed by the range of horse racing promotions offered at Betfred.

In fact, Betfred excels in rewarding its current customers generously, boasting an array of bonuses and offers. Explore them below:

Betfred Extra Places Today

You can enjoy extra places at Betfred by applying an ‘each way bet’.

Each way bets are applied to certain events and allow up to five or six depending on the field size.

Betfred Free Bet if 2nd

Betfred offers consolidation if the horse you bet on is pipped at the post.

In this event, you will get your stake back as a free bet up to £10.

Betfred Best Odds

Best odds guaranteed are now offered at all the best online sportsbooks.

With Betfred, you will get bigger odds if you take an early price and the odds increase before the race.

Betfred All Correct Bonuses

Betfred online bookmaker also offers an additional 25% boost to your winnings.

Select ‘multiple bet’ and get the picks correct to enjoy even more returns.

Betfred One Winner Bonuses

If you get just one selection correct from your multiple bet, you can receive either 3, 4 or 5 times the odds.

This multiple best could be a Lucky 15, Lucky 31, Heinz Bet, Yankee, Lucky 63 and Goliath.

Betfred Loyalty Rewards and Promotions

Big bookmakers rarely offer loyalty and reward programmes for sports betting. However, Betfred provides an array of loyalty bonuses.

If you are able to prove your loyalty to Betfred, you could enjoy:

  • Access to VIP Team
  • Dedicated Account Manager
  • Event Invites
  • 24/7 Mobile Contact
  • Quicker Withdrawals
  • Race Day Passes
  • Enhanced Sports Bonuses
  • Exclusive Competitions

Betfred Website and Brand Review

Betfred is a prominent figure in the bookmaking world, with numerous betting shops dotting Highstreet and a distinctive purple and blue branding that is easily identifiable.

With a longstanding presence and widespread recognition, Betfred has solidified its reputation as a trusted and respected entity in the industry. Their extensive television advertising further underscores their popularity and reach.

Events to Bet on at Betfred

Betfred offers a number of horse racing events to bet on, including:

  • Cheltenham Festival
  • The Grand National
  • Ascot Champions Day
  • The Breeders Cup

There are often special offers surrounding these races so bettors can make the most of their deposits.

Other sporting events that punters can bet on include:

  • Greyhound Racing
  • Football
  • Rugby
  • Tennis

Betfred Mobile App

Betfred customers can bet from their mobile phone using the mobile app or Betfred mobile site using your phone’s browser.

The Betfred betting app is easy to use and navigate and can be accessed via phone or tablet through Android and IOS.

The download process is quick and easy, so make sure to try it out today.

Betfred Virtual Horse Racing

Virtual sports betting is available at Betfred for horse racing and greyhound racing.

Some of the virtual horse racecourses available are:

  • Birchwood Downs (flat racing)
  • New Forrest Park (flat racing)
  • Dash Valley (sprint)
  • Southfork Park (sprint)

Virtual Sports has grown massively in recent years, and Betfred is one of the top-rated virtual horse racing brands.

Betfred In-Play Betting and Live Streaming

Betfred offers both in play and live streaming options.

Horse racing markets are included with in play betting. We recommend checking out the in play bets, as they showcase the latest odds.

What Payment Methods are Accepted at Betfred?

The payment methods accepted by Betfred include:

  • Visa
  • Mastercard
  • Maestro
  • Paysafecard
  • Apple Pay
  • Skrill
  • Neteller
  • Ping It

It is important to check betting payment methods before joining any bookmaker to ensure they offer a deposit method suitable for you.

Betfred offers a wide range of payment types, including bank transfers and e-wallets.

You can use any of the above payment methods to deposit and withdraw from Betfred, but we recommend checking out the terms and conditions for your chosen method.

You can expect withdrawals to process within 24-72 hours.

Can You Deposit on Betfred with Paypal?

Betfred accepts PayPal as a payment method.

To deposit from Betfred using PayPal, you must log into your account and select ‘my account’.

After that, please click the deposit button and choose PayPal.

You can then choose the amount you would like to pay in.

Withdrawing from Betfred Sportsbook

To withdraw money from Betfred bookmakers, you will need to go to your wallet and click on ‘withdrawal’.

You can then select the amount you wish to take out.

It is important to read terms and conditions, so you know the limit on your withdrawals.

There is a minimum withdrawal amount of £5 and a maximum amount of between £5,000-£20,000 depending on your payment method.

Does Betfred Show Up On Bank Statements?

Betfred deposits and winnings show up on bank statements as ‘From Petfre (Gibraltar) Ltd.’

Petfre (Gibraltar) Ltd owns Betfred UK Gambling Commission license.

How to Cash Out on a Betfred Slip

To cash out on a Betfred slip you will need to hit the CashOut button and Accept the CashOut amount.

You do not have to accept the Cashout amount if you don’t want to. The bet can continue to the end result.

Who Owns Betfred?

Lightcatch Limited owns Betfred.

The parent organisation is Betfred Group Ltd.

Betfred was established in 1967 and is now a huge company worth multi-billions.

Licensing Agreement

Betfred is licensed and regulated in Great Britain by the Gambling Commission.

The UK Gambling Commission number is 39544 is under Petfre (Gibraltar) Limited.

Petfre (Gibraltar) Limited owns licensing for Betfred.

This well-known commission abides by the law and ensures fair play.

License number 039544-R-319290-007, issued to Petfre (Gibraltar) Ltd, grants authorisation for Bingo, Casino, Virtual Betting, and all Sports Betting activities.

Betfred Software

Betfred partners with leading software providers to ensure the very best performance.

While software might not be the first thing on your mind when betting on racing, it plays a crucial role in the site’s functionality.

This technology ensures smooth operation and minimises any potential issues when placing bets.

Having tested it firsthand, we were pleased with the responsiveness, user-friendliness, and speed of the site’s horse racing section.

Betfred Customer Support

Betfred provides plenty of support to customers, offering various ways to get in contact.

You can contact the team at Betfred through any of the below methods:

  • Live chat feature
  • UK Telephone – 0800 028 7747
  • Telephone from Outside of the UK – +441925 878 269
  • Email – [email protected]


Betfred stands out as one of the most esteemed online bookmakers available. Our initial expectations were high, and we were pleased to find they were met and exceeded.

While their welcoming offer is generous, what truly sets them apart is their abundance of ongoing promotions for existing players.

With a wide range of markets and options for horse racing enthusiasts, Betfred boasts some of the industry’s most competitive prices and markets.

If you found our review of Betfred horse racing helpful, we encourage you to explore the site firsthand in 2024.

Joe Norris is a specialist horse racing tipster who also provides expert sports betting predictions at some of the leading sportsbook websites like Oddschecker. Joe has a love for horse racing and Director of GetYourTipsOut. Joe’s GYTO tips have shown profits leading to him being voted “Best Sport Betting Tipster in 2023”.