While carrying out this Betfred bonus review, we found an unusual offer that is likely to have mass appeal. You are initially awarded bonus bets and then you get back a portion of any losses for the next few weeks.
As Betfred doesn’t have online casinos yet, they’ve to ensure their sportsbook offer is strong. Taking a closer look, we found this bonus fits the bill perfectly. Both new players and experienced users will find this simple to get to grips with and should consider checking it out. To have complete information visit ourBetfred review
page on our site.
Get $150 in Bonus Bets Win or Lose when you bet $5!
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
Introduction to bonus offers - why Betfred has created such a strong offer
Sportsbooks and casinos use the welcome bonus as a tool to attract new bettors or to turn the heads of bettors on a competing site. This is especially hard if you are not a household name in the US. Betfred might be very popular in the UK, but to get sign-ups in the US, they will need to front their service with a strong offer.
It is in essence a series of bonus bets but the way it is delivered will appeal to all kinds of bettors.
How to use the Betfred bonus - what to expect from a strong Betfred betting offer
It is not unusual to have bonus bets awarded when you join a sportsbook, and nor is it unusual to have bonus bets given to replace losses but to see both in the same offer was a pleasant surprise at one of the
best gambling sites.
The process to get the bonus is very simple. After registration, deposit at least $50, as that is the size of your qualifying bet. After that initial bet is settled, win or lose, you then get $111 in bonus bets to use anywhere on the site.
For the next five weeks after that from your joining date, 50% of your weekly net losses will be credited to you as bonus bets, up to $200 per week. This makes the total value of the bonus $1111 if you take advantage of all of it. There are very few restrictions, for instance, bets on futures, Betfred boosts, and anything at odds of +300 or greater so it is quite straightforward.
One thing you definitely need to take on board, however, is that it is 50% of your weekly net losses, not just half of every bet that loses. For instance, if you have five bets that lose $50, but one that wins $200, your net loss for the week would be $50, so you would get a $25 bonus bet for that week.This benefits those with smaller bankrolls too, as they don’t have to wager large amounts to get any benefit.
We could find no expiry date for the bonus bets, though it should also be mentioned that you don’t have the bonus bet stake returned. You can, however, withdraw the balance of any settled bets you make.
Before signing up, you should also read the latest version of the T&Cs. Offers can change frequently so you will need to make sure the offer you get works the same way.
Top 5 expert tips to take advantage of the offer - we show you how to get the most from your Betfred bonus
Check when your bonus will arrive
This offer is straightforward, but that doesn’t mean you shouldn’t be checking on the details. Find out how soon after your initial bet your $111 should arrive, so you can check with customer support to make sure there hasn’t been an error. The same goes for your weekly awards too.
Read the terms and conditions
It is important to know all of the rules, especially for something as simple as this. There are very few restrictions for things that don’t qualify, like Betfred boost, so there is no excuse for not knowing them. Jot them down if you have to, but make sure every bet you make fits the criteria.
Just because you have bonus bets arriving in your account it doesn’t mean you should start betting on anything new - unless you want to. Getting the best returns from all of the parts of this bonus means placing wagers on what you know, at odds you would normally bet on. So if you are an MLB person, don’t suddenly get interested in cricket just because it gets played at the same time of year.
With that in mind, you need to look at the upcoming fixtures so you can plan your bonus bets carefully. Checking who is playing and when can help you make the most informed decisions for what to wager on, to give yourself the best chance possible of getting a decent return on the bonus.
You should be keeping a record of your bets anyway, but it is particularly important for this bonus. Keeping records of how much you bet and what on, it will mean you can easily work out any net losses for the week - and consequently the amount in bonus bets you will be getting. That way, if the amount you were expecting doesn’t arrive you can confidently query it with Betfred support.
Frequently asked questions about the bonus - getting the answers you want about the Betfred offer
By now, you may have a few questions on your mind about using the Betfred bonus. Here are some of the most common questions, answered by our experts:
Is there a Betfred casino bonus?
Many online gambling operators in the US have both sportsbooks and casinos where they are allowed, and consequently, offer casino bonuses and
betting offers. That is not the case with Betfred, as they are a sports-only operation and just have an attractive sports bonus.
Do you need a Betfred bonus code?
Bonus offers are usually triggered by a bonus code, but as things stand you do not need one for this betting offer. Before joining you should always check the T&Cs to ensure that has not changed, as you don’t want to miss out because you didn’t read the small print.
What is the Betfred maximum payout?
The Betfred maximum payout will vary according to the sport and market you bet on. This works backward to the size of bet you are allowed to place at the given odds, so it does not exceed the limit for the given sport.
Can I get this offer if any of my family members living in the same household as me has already claimed it?
If you share the same address, or the same IP address, or even the same device, then the answer is no. The same goes for anyone who fits those criteria, regardless of the relationship they have with you if any.
Are any payment methods ineligible for the bonus?
Most offers accept the full range of methods supported by the operator, but there can be exceptions. There are no excluded payment methods currently, but check the T&Cs to see if this has changed before attempting to sign-up yourself.
Additional rewards & loyalty programs - VIP club and easy access rewards program from Betfred
The benefits don’t end with the bonus offer at Betfred, They have a different type of betting offer, and this is matched with a different kind of rewards program. Just to be clear, this is not the same as the VIP club, which is accessed by invitation only if you have been a VIP elsewhere.
We could, however, take a closer look at the rewards program and were impressed with what we saw. Your reward level is based on your cumulative real money betting over a 90-day period. If that sits at the lowest ‘rookie’ level of $100 you still get FredBet Do overs, for when your Fredbet pushes, and Frenzy Invites to win FredBets.
A greater spend gets you further up the ladder and gets you birthday bonus bets, bonus FredBets as well as monthly and weekly bonuses. The top ‘MVP’, ‘Legend’, and ‘Hall of Fame’ levels for $25,000 - $100,000 monthly spend also get you player protections, invites to live events, and merchandise.
This is a large program that has benefits for those even with a small spend, which will appeal to both high rollers and those who only bet occasionally - so gets a tick of approval from us.
Overall conclusion - an attractive sports offer opens the door to other benefits
Throughout our Betfred bonus review, we found it to be one of the most flexible sports offers with 5 weeks of rewards for regular players. The Betfred bonus code is simple to claim, easy to use, and straightforward to get the most out of and you can take advantage of our tips to help you make your experience as positive as possible.
The offer is the perfect scene steer for what else is there for you with a loyalty bonus that it pays to be part of, even at lower levels. Overall these Betfred offers are worth a look if you are searching for a new sportsbook, or are taking your first steps into sports betting. Here's hoping that some kind of Betfred casino bonus might turn up in the future.
