Betfred Promo Code BETBONUS – $250 Sign-up Bonus

Betfred Sportsbook is a UK-based bookmaker, that has slowly been expanding its services throughout the US. Betfred currently is available in Arizona, Pennsylvania, Iowa and Colorado and should be online in Louisiana in 2023.

Bet $50 Get $250 at Betfred Sports!
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Bet $50
Get $250
New User Special
Bet $50 Get $250
Daily Odds Boosts
Use Promo Code: BETBONUS

Betfred offers plenty of promotions for existing customers, as well as solid welcome bonuses for new users who use our links to sign up with Betfred Sportsbook and use our Betfred promo code BETBONUS.

During the course of this Betfred Sportsbook review, we’ll explain exactly how the welcome offer works, we also will walk you through signing up, making deposits, placing bets, withdrawing funds and contacting customer service. Simply put, you’ll be a Betfred betting expert by the time you’re through.

Additionally, Betfred Sportsbook has apps that are available for iOS and Android mobile devices available for bettors in AZ, CO, IA & PA.

Betfred Sports sign-up offer and bonuses

Betfred Sportsbook has a great welcome bonus for new users in Arizona, Colorado and Iowa. When you register for Betfred Sportsbook and enter the promo code BETBONUS  you’ll have the chance of claiming up to $250 in free bets. Keep reading to learn exactly how this somewhat complex welcome offer works so you can take full advantage of it.

Here’s a quick rundown of the Betfred Sportsbook welcome bonus followed by a real-world example of how it works.

  • Sign up and enter the Betfred promo code BETBONUS.
  • Make a deposit and place a bet of at least $50 on an event with odds of -200 or longer. This means -225 would not qualify, while -110 does qualify.
  • At this point, Betfred will issue you a $100 free bet.
  • The following Monday, Betfred will issue you another $50 free bet.
  • During this week, you must place at least one cash bet of $1 or more on an even with odds of -200 or longer.
  • Doing this will get you another $50 free bet on the following Monday.
  • Repeat the same process the next week to get your final $50 free bet.

We understand that might seem a little confusing, but it’s actually pretty simple when we give you an example, here goes:

Let’s say you join Betfred Sportsbook on Wednesday, July 13 and place a $50 qualifying wager that day. Once it settles you’ll get a $100 free bet. Then on Monday, July 18 you’ll receive a $50 free bet. Next, you simply need to place a qualifying wager of at least $1 between Monday, July 18 and Sunday, July 24. Do that and you’ll receive your second $50 free bet on Monday, July 25. Lastly, place another $1 qualifying wager between Monday, July 25 and Sunday, July 31. Doing that will get you your third and final $50 free bet on Monday, August 1.

Betfred Sports promo code 2022

Online SportsbookBetfred Sports
Betfred Promo CodeBETBONUS
Betfred Welcome OfferBet $50 and get up to $250 in free bets
Betfred Bonus Terms & ConditionsQualifying bet must have odds of -200 or longer
Users must be at least 21 years of age and located in Arizona, Colorado or Iowa
Betfred Legal StatesAZ, CO, IA & PA
Last Verified:September 24, 2022

Sign up at Betfred Sports

Creating a new account at Betfred Sports is simple. Firstly, the online sportsbook will need some basic information, which includes the following:

  • Name
  • Date of birth
  • Address
  • Email
  • Phone number
  • Social Security number
  • Betfred Sportsbook promo code BETBONUS

As a new customer, you also need to create a username and password to use each time you access Betfred Sports. A security question or two will most likely be required as well.

Once you’ve entered all your information, you’ll just need to confirm your age and agree to Betfred’s terms and conditions. After making a deposit, you can start gambling.

Registration eligibility at Betfred Sports

All Betfred Sports users must be at least the minimum age to wager on sports and within the state that offers the legal sportsbook. Some states only require bettors to be 18 years old, although the majority of states require bettors to be 21 years or older.

As for location, you must be within the state where Betfred Sports is available to use. The online book will use geolocation technology to determine precisely where you are when you access the Betfred Sports online sportsbook.

Certain individuals who cannot use Betfred Sports include those who could have the potential to affect the outcome of a sporting event. Players, coaches, referees, and trainers are restricted from gambling on the sportsbook.

Others who aren’t permitted to use Betfred Sports include casino key employees.

Download the Betfred Sports app

To download the Betfred sportsbook app for either Apple or Android, simply head over to the Betfred site and sign up for your new account (do this step first to make sure you receive the maximum welcome offer).

Once you’re signed up, look for the links for your device. You will be redirected to download the app. Follow the instructions, and you’ll be good to go.

Betfred Sports promotions

Besides the possible welcome offers at Betfred Sports, the sportsbook will also provide you with a variety of promotions as well. 

Promos are a great way for online sportsbooks to generate more betting action, especially with new customers.

Most sportsbooks have several promos in place, usually based around the most popular sports and events taking place at the time. The winter months have deals for NBANHL and college basketball wagering, in addition to others.

Promotions typically help bettors with something like parlay insurance or free-credit rewards for wagering a specific amount on one sport.

As mentioned, Betfred Sports has a welcome where you will get a up to $250 in free bets when you place a $50 qualifying wager after entering the promo code BETBONUS when you sign up with Betfred. See above for full terms and conditions.  

Banking at Betfred Sports online

Betfred Sports provides you with a lot of options in regards to banking with the online sportsbook. 

These methods will change between states, but you will probably have access to some of the following ways to transfer money:

  • Cash at the retail cage
  • Credit Card: Mastercard, Visa or American Express
  • E-Check/ACH
  • VIP Preferred
  • PayNearMe 
  • Play+ Prepaid Card 
  • Skrill

Although all these options might not be available, Betfred Sports is likely to include a few of them. The book will want to make depositing and withdrawing funds as convenient as possible.

Betfred Sports may allow you to receive your winnings via a check by mail, too.

Betting options

Betfred Sports provides you with plenty of ways to place bets. You can wager on sports in the following ways:

  • Futures
  • Live in-game
  • Moneyline
  • Parlay
  • Point spread
  • Props
  • Straight
  • Teaser
  • Round robin
  • Totals

Live in-game wagering

Live in-game betting is among the most popular ways to bet on sports and is available at Betfred Sportsbook as well. With live wagering, you’re able to miss the start of a game and still have the opportunity to place a bet whenever you’d like during the event.

Many bettors these days choose to wait for games to begin so that they can see how the start of the game goes, as well as potentially improve their pregame odds.

This feature allows you to witness the flow of a game before committing any money.

Outside of the standard odds provided for basically every game (point spreadsmoneylinestotals), live betting sometimes will include many additional options. These consist of multiple alternates for standard lines, along with game and player props.

Betting markets

Betfred Sports has a vast assortment of betting markets. 

You can expect to see the following sports at Betfred:

  • Aussie rules
  • Basketball
  • Baseball
  • Boxing
  • Cricket
  • Football
  • Golf
  • Hockey
  • MMA
  • Motorsports
  • Rugby
  • Soccer
  • Tennis

Is Betfred Sports legal?

Yes. Betfred Sportsbook is officially legal in Iowa, Pennsylvania, Arizona and Colorado. The Hawkeye State’s Grand Falls Casino is now home to Betfred Sports’s first retail sportsbook in the US. Betfred is expected to launch in Louisiana shortly. 

Currently, these states feature a regulated sports betting market:

  • Arizona
  • Arkansas
  • Delaware
  • Colorado
  • Connecticut
  • Illinois
  • Indiana
  • Iowa
  • Louisiana
  • Michigan
  • Mississippi
  • Montana
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico (tribal only)
  • New York
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Tennessee
  • Virginia
  • Washington DC
  • West Virginia
  • Wyoming

Several other states are close to joining them. These states have all legalized sports wagering and will most likely have active sportsbooks accepting bets this year:

  • North Carolina (tribal only)

The growth of Betfred Sports

Betfred has already grown substantially since being founded in 1967. The UK-based operator made the move into the US and its growing betting industry.

The sportsbook introduced its first retail location at Grand Falls Casino in Larchwood, IA. It became active at the end of January, before Super Bowl LIV.

Betfred Sportsbook PA has a land-based book at the Wind Creek Bethlehem. The Poarch Band of Creek Indians owns this establishment, which operates casinos in Alabama and Florida, too.

Betfred Sports CO has partnered with the Saratoga Black Hawk, which features a retail sportsbook as well as a mobile betting app.

Betfred Sportsbook AZ partnered with the Fort McDowell Yavapai Nation, which owns We-Ko-Pa Casino Resort.

While in Louisiana, the sportsbook entered into an agreement with the Tunica-Biloxi Tribe and opened a retail sportsbook at Paragon Casino Resort.

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