Betfred Horse Racing Betting: The ultimate review
After starting as a single humble shop in Salford in 1967, Betfred has now grown to be one of the biggest betting bookmakers in the UK. With over 1370 betting shops dotted all over the UK, their brand has become synonymous with great value for bets. Nonetheless, they also have a significant online presence, making them the fourth largest bookmaker in the UK. For those wishing to use the platform for horse racing betting, our review will assess every aspect of its online platform, including the selection of markets, the offers you can claim, the live streams you can access and those all-important odds. Read More
- Daily Specials
- Live Streams
- Virtual Racing
- Licensed by:
- UKGC
- #99314
- Accepted Payment Methods:
- Visa
- MasterCard
- Skrill
- Neteller
- Paypal
- Paysafecard
Betfred Horse Racing Offers
If you’re looking for bonuses, few operators can match the velocity of offers Betfred has. Priding itself as the ‘Bonus King,’ the operator offers new bonuses and promotions every single day. Their welcome bonus isn’t bad either, offering £40 in bonuses to be used in both the sportsbook and casino when you deposit £10. Additionally, unlike most other operators, you are free to use the sports bonus however you like.
Thanks to its constant prioritisation of daily bonuses, those looking for the best horse racing betting offers can find new deals pop up almost constantly, such as extra places still counting in certain races and a free bet if your horse finishes second. In addition to this, bettors can also partake in the Totepool. Working like a lottery, all the money that is staked goes into a shared pot which is then split among the winners. Therefore, the money you win is dependent on how many people back that particular horse.
Betfred Horse Racing Odds
Surprisingly, for a bookmaker that prides itself on having so many great daily horse racing promotions, their horse racing odds remain close to the bottom of all operators. With Flat Races odds of 79 – 84.90% and National Jumps odds of 80 – 85.20%, Betfred seriously falls short here. Only being able to muster an overall average of 82.60%, those looking for better odds might do better to check out our Coral horse racing review for an option with higher payouts.
| Flat Races | National Jumps | Average |
|---|---|---|
| 79.89 – 84.90% | 80.24 – 85.20% | 82.60% |
Nevertheless, where Betfred falls down on its initial odds prices it makes up with its Best Odds Guarantee. Only applying to Irish and UK bets placed on that same day, it means that if you place an early bet on a horse and it wins with a higher starting price, you get paid out on that higher price.
Betfred Horse Racing Live Streams
If you love watching horse racing live as it unfolds, then Betfred is the perfect operator for you. Having access to live streams of all British and Irish races, they remain the gold standard when it comes to seeing the races from the comfort of your own home.
In what is considered an industry standard, a minimum bet is required in order to watch the race, yet for this operator, the price seems reasonable. Simply wager either £1 on a single bet or 50p each way and you can stream the race. For more complex bets, such as Yankees, Lucky 15, Lucky 31 and a Goliath, you must stake 1 pound for each individual race that the wager entails. Frustratingly for those bettors who have staked money in the Totepool, their wagers do not allow them to access the races, as only fixed-odds stakes will be counted; but we have found this to be the same when writing every review.
Mobile Betting
- Exclusive Mobile Promotions:Yes
- Live Streams:Yes
- Fast Bet Placement:Yes
- Live Chat Customer Service:Yes
- Bet on Mobile!
In today’s increasingly busy world, it is important to be able to access betting sites while on the go. Betfred understands that need, and this is why they have developed their own mobile app, offering stats, a full selection of bets, and the ability to live stream. However, considering how good they are at offering a wide selection of daily bonuses, when it comes to mobile there are no specific extra promotions available.
The mobile app is available for both Apple and Android users. Apple users, who require iOS 8 or higher, can also play with the app on their Apple Watch. For Android users, getting the app on your phone is easier than ever. All you have to do is scan the QR code on their website or text Android to 89660.
Payment Methods
In a quite bizarre decision for Betfred, they don’t offer you the same wide amount of payment options available on other sites. This severely limits a large number of bettors who may want to take their business elsewhere. Check out our homepage for other operators that may support your payment method. Nonetheless, they do allow you to make payments with card companies such as Visa, MasterCard and Maestro. For those who don’t want to pay with their debit card, they can use alternative methods such as Paypal, Skrill and Neteller.
Perhaps making up for the lack of payment options, you will be pleased to know that all different methods on offer are processed instantaneously. Additionally, the minimum deposit required to start playing across the board is only £5, with the exception of using a bank transfer that has a minimum deposit of £85. All withdrawals come through in a timely manner, with a minimum of five business days being the longest you have to wait. However, for those wishing to win big on the races, unless you use a bank transfer, the maximum withdrawal limit available only reaches up to a rather disappointing £9,999.999.
Safety, Security & General Operator Info
Betfred are a safety-first operator. In order to prove themselves as a responsible company, they have teamed up with the highly respected e-COGRA (eCommerce Online Gaming Regulation and Assurance) to make sure they are running the best as they possibly can. In addition to this, the entire site has the protection of the Trustwave security company, meaning that bettors can use the site in the full knowledge that their money is in safe hands.
| Operator Information | ||||
|---|---|---|---|---|
| Company: | Betfred Group |
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| Founded: | 1967 | |||
| Headquarters: | Warrington, UK | |||
| License: | 39544 | |||
| Phone: | 0800 0320 878 | |||
| Email: | [email protected] | |||
| Live Chat: | Yes | |||
Protected by Trustwave
eCogra means sports betting integrityAs for Betfred’s customer service, you can use the company in the safe understanding that they do their best to assuage any concern you might have. They have a detailed FAQ with separate sections for any problem you can think of. If this fails they have both a twenty-four-hour phone line you can call free of charge and a series of separate email addresses specifically tailored to help you find quick answers to any issue or query possible.
Conclusion: Great bonuses
All in all, our review concludes that the major draw of using Betfred is the vast array of bonuses on offer. With daily promotions, a great welcome offer and even bonuses specifically tailored towards horse racing betting itself, they have done everything they can to make sure that they truly deserve the title of the Bonus King. Additionally, while the odds for horse racing still remain relatively poor, their best odds guarantee is a great fail-safe for making sure you get the best possible return for your investment on a horse. With an easy platform to use, and a detailed selection of horse races on offer, not to mention the added incentive of being able to stream all horse races on offer across the entirety of Britain and Ireland, this operator offers great value for anyone looking for a great return on their investment. Overall one of the finest bookmakers available online, there is no better time to open up an account with Betfred and claim your free bonus today.