Home / Betfred Sign Up Offer – Bet £10 and get £40 in Bonuses

Betfred Sign Up Offer – Bet £10 and get £40 in Bonuses

Bet £10 and get £40 in Bonuses

Claim Sign Up Offer

New 18+ UK customers only. Register (excl. 15/04/23) 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&Cs apply.

Betfred are a well-established bookmaker from the UK, with an excellent sportsbook featuring a wide range of betting opportunities. Here we will look at their service, particularly the Betfred sign-up offer for new players, highlighting what you will receive when you sign up and how you can spend it. 

Betfred Sign-up Offer Explained

Betfred offers an excellent sign-up offer for their new players to use, with simple instructions to follow when you are claiming this, which makes it ideal for those who are brand new to sports betting. 

The offer here is a bet £10 get £40 offer, where £30 are handed out in free bets and £10 in free spins, worth 20p per spin, are also granted, bringing the total of bonuses up to £40.

To qualify, deposit £10 or more and place a first bet of £10 or more at evens (2.00) or greater. When this has been settled, you will receive £30 in free bets to spend on the sportsbook plus £10 in free spins credit to your account, to use on the following Betfred casino game: Eye of Horus, Eye of Horus Megaways, Fishin’ Frenzy, Fishin’ Frenzy Megaways.

Betfred Sign-up Offer Terms & Conditions

Like every bookmaker offer, this one is subject to a few terms and conditions you need to follow. Make sure you know these before signing up to claim the offer correctly.

Here are the main terms and conditions:

  • Offer open to new customers only in the UK.
  • Use promo code ‘WELCOME40’ to claim the bonus
  • Make a first deposit of £10 or more
  • E-wallet and pre-paid card deposits do not qualify for this offer
  • The first bet must be £10 or more at odds of evens (2.00) or greater
  • Free bets and spins will be given when your qualifying bet has been settled
  • Both have a seven-day expiry attached to them 

Why Claim Betfred New Customer Offer? 

The Betfred new customer offer allows players to explore the sportsbook fully and see what is available. Both the qualifying bet you place and the free bets you receive can be used across any sport, so you can mix it up, try your old favourites or go onto something completely new. 

Free bets come with no requirements attached, offering you the freedom to do as you please, which is excellent. You have seven days to use them too, so you can wait for a suitable opportunity if you wish, rather than spending the same day as they arrive. 

Step By Step Guide on How to claim the Betfred Welcome Offer 

Whether you are an experienced online gambler or brand new to the industry and signing up with your first bookmaker, the process with Betfred is simple and easy to complete.

Here are the steps you need to follow: 

  • Click on the link above for the welcome offer that you would like to claim
  • On the Betfred site, look for the green ‘Sign-Up’ button
  • Enter personal details and create a username and password to open your account
  • Add a payment method, and make your first deposit of £10 or more, using a method eligible for the welcome offer
  • Place a first bet of £10 or more at odds of evens (2.00) or greater
  • When this bet has been settled, watch out for the free bets and spins being added to your balance
  • Spend these over the next seven days before they expire 

How Can a Customer Join Betfred?

Joining is simple, head over to the Betfred site by clicking on the link and then follow the sign-up process. This is straightforward and asks for basic details – you will need to end by adding a deposit method and placing a qualifying bet if you want to claim the welcome bonus. 

What Kind of Personal Details are Needed When Joining? 

When you sign up with Betfred, you must enter your name, address and date of birth. Alongside this, you will need to add your email, create a username and also add a password for your account.

Before withdrawing from your account, you need to complete the verification process. This involves uploading a photo ID and a bill or statement to prove your name and address, so take care when filling these details in. 

What Can Customers Use the Welcome Offer On? 

One of the best aspects of the Betfred welcome offer is that there are no restrictions on sports you can bet on. This is great to see, and your free bets also come with no wagering requirements and odds requirements, so you have complete freedom with these. 

Betfred Existing Customer Promotions

Not only do Betfred cater for their new customers, but they also have a significant number of promotions for existing players. So if you are the type of punter who loves a good deal and wants a bookmaker to provide many things you can take advantage of, then Betfred may be the bookie for you. 

Acca Insurance

The Betfred Acca Insurance offer gives you money back as a free bet up to £10 on accas that miss out by one. This is on football accumulators, with five selections or more and on selected leagues, with min odds of 1/2 (1.50) per selection. 

If you are looking for a consolation offer when you come close but lose, this is one of those. 

Double Delight & Hat Trick Heaven

This offer is for you if you like to bet on football first goal scorers. On selected games, if you bet on a first goal scorer with Betfred that wins, and then the player goes on to score further goals in the game, you will be rewarded even more. 

If the player scores two, your odds are doubled – if he gets a hat trick, your odds are trebled. This is all paid out in cash and a significant boost if your player has a great game. There are two versions of this offer – both are the same, except one is for pre-match betting, and one is for in-play games.

Extra Place on Selected Horse Races

Available on selected races, Betfred uses their extra places offer to give you more chances to win. On these races, they pay additional places above the standard each way terms. So, for example, a race usually paying three places will pay out on the first four places when this offer is valid.

That means you could be in a position where you have a winning place bet at Betfred, which would be settled as a loser elsewhere, so make sure you look out for this if you are a horse racing fan.

Betfred Sportsbook Review

The Betfred sportsbook is a vast range of events covering the world’s most significant sports and competitions and many smaller ones. Founded in 1967 when their first shop on the UK high street opened, this bookmaker has been in operation for over 50 years. 

Based in the UK, they still have a strong high street presence today, with over 1600 shops to compliment their online service. 

Betfred Mobile App

The Betfred mobile app is an excellent tool for betting while you are away from home. Designed with speed in mind, finding the markets you want here is extremely easy. Look for the simple menu system and quickly get to the markets you wish for both pre-match and in-play bets. 

Every aspect of your Betfred account can be managed on the app, from placing bets to depositing, withdrawing and changing your details, so there is no need to get onto a computer if you don’t want to or can’t find time to. 

Betfred Betting Markets

These are very strong, offering you many ways in which to bet. For example, Premier League and other big football games have over 100 betting markets available. So look for price boosts on the most popular markets ahead of big games. 

When it comes to more minor sports, the coverage is not as extensive, though still strong, with NBA and NHL games having 20+ markets for punters to use.

Betfred Live in-play Betting

If you want to bet live while the action unfolds, then Betfred have you covered. They offer a wide range of sports in their in-play section, each with several betting markets available. These are a mix of traditional markets plus those created explicitly for in-play betting. 

There is a lot of buzz around in-play betting, and Betfred is one of the leaders driving this type of betting forward, offering their players a fantastic in-play service. 

Betfred Betting Accumulators

The accumulator is one of the most popular bets to place, and using all of the above – you can place your accumulators in many ways. These can be done via the mobile betting app across various betting markets, including those for in-play betting.

If you like an acca, and you like variety with accas, everything we have listed about the Betfred service allows you to place them quickly, and on many different things. 

Betfred Acca Insurance 

Continuing the theme of accas, there is nothing worse than when you are let down by just one selection. With Betfred, you can get a consolation when this happens on qualifying bets. Place a football acca with five selections or more, at odds of 1/2 (1.50) or greater and on selected football leagues to get involved here.

If your bet sees every one of your selections win except one, you will receive your stake back up to £10 as a free bet to have another go. 

Betfred Sports Betting Features

Betfred is not just about sports betting – they have several features that provide variety to their overall service. 

Betfred Totepool

Betfred offers their players the chance to enter Totepools and place bets into the common big pools such as the placepot bet, jackpot and scoop 6. They also provide regular win and place bets you can do as an alternative to betting on the SP. 

Betfred PickYourPunt

The Betfred PickYourPunt allows you to customise your bets on selected big games almost every day of the week. Look through the options already available on the site, but if you want your own and can’t find it, send a tweet to @Betfred with #PickYourPunt and the bet you wish to, and they will get back to you.

This is the ultimate way to customise your bet and put a wager on precisely what you think will happen. 

Betfred Podcasts

If you like listening to podcasts, then watch out for these coming from Betfred. To start with, they focus on rugby league, a sport the company heavily sponsors, but this could stretch to other sports in the future, featuring news, information and bets from experts. 

Betfred Virtual Sports

If you want instant action, then Betfred have an extensive virtual sports section where you can catch an event starting within seconds. Look out for racing, football, motor racing, speedway, darts, cycling and more in this section, which is impressive in its variety. New players can claim virtual sports offers while betting – a bet £10 and get £5, plus weekly rewards for regular players to claim. 

Betfred Lotto

If you like lottery gaming, the Betfred lotto section offers draws daily from worldwide. From daily 49s draws to the Irish lotto, French lottery, New York lottery and more. On top of this, you can claim a bonus when playing here, play £1 and get £5 from them, plus 20 free scratch cards. 

Betfred Casino 

Betfred has a wide-ranging casino with regular, Vegas-style, and live games for you to enjoy. One standout feature here is that Betfred have its own exclusive Megaways slot that you can play here. Again, this is Betfred branded, with references to their full gambling service. 

New casino players can claim 50 free spins when they deposit and stake £10 in the casino, and the free spins have no wagering requirement attached to them, which is great to see. 

Betfred Horse Racing

Being a traditional bookmaker, Betfred focuses heavily on horse racing. They have many offers, including best odds guaranteed, extra place race, free bets if 2nd to favourite and more. They always step up further when big meetings arrive and have a great history of giving back to racing with many big sponsorship deals. 

Markets are available not just for UK & Irish racing but also for other countries worldwide to give complete coverage. 

Customer Service

Betfred offers dependable customer service, with three contact methods and someone on hand to help 24/7. You can speak via live chat on the website, send an email or call them, with two numbers available, one for inside the UK and one for outside. 

If you have a complaint, then Betfred will handle this, but the first step has to be speaking to the customer support team via one of the above methods. This then goes through various stages until an outcome is found and could result in an independent ruling. 

Betfred Payment Methods

When choosing a bookmaker, you should look at the payment methods available and ensure they have a good variety and are something you are comfortable with. 


Betfred offers the following deposit methods to players:

  • Debit cards (min £5)
  • Paypal (min £5.50)
  • Neteller (min £5.50)
  • Skrill (min £5)
  • Paysafe card (min £5)
  • Bank transfer (min £85)
  • In-shop cash deposit (min £10)

All methods offer an instant deposit except for a bank transfer, which can take up to two working days to clear


Betfred offers the following withdrawal methods to players:

  • Debit cards (min £5)
  • Paypal (min £5)
  • Neteller (min £5)
  • Skrill (min £5)
  • Bank transfer (min £25)
  • In-shop cash withdrawal (no min)

Neteller withdrawals are subject to a 2% fee, and bank transfers under £170 are subject to admin and transaction fees for players. 

All methods take 48 hours to process, with those involving banks taking 2-4 more days to process and clear.

Betfred vs Other Bookmakers

If you are looking for areas in which Betfred stand out, then there are certainly a couple to focus on. The simplicity of their website and mobile app is key and will be a real help to players who are betting online for the very first time.

Elsewhere, they also have very strong promotions for new and existing customers. The feeling here is that you always have something to use to get a good deal on, from horse racing promotions to acca insurance, football first scorers and of course, the initial welcome offer. 

This bookmaker loves sport and has strong ties with many, including horse racing and rugby league, which many people will respect and appreciate, given the many sponsorship deals in place. 

Betfred’s Responsible Gambling Policy

Betfred takes responsible gambling very seriously and are on hand to provide help and support to anyone who needs it. 

They can add deposit limits to your account, set up reality checks, offer a time out if you want a break and more. 

If you ever need assistance, this bookmaker will help you in any necessary way. 

Betfred FAQ’s (frequently asked questions)

Here are some commonly asked questions about the Betfred service that we have answered for players. 

Who Founded Betfred?

Betfred was founded by a man named Fred Done back in 1967. 

How do you get free credits on Betfred?

Free credits are available to new customers here – simply sign-up and fulfil the requirements for the welcome offer to receive free credits. 

Can you cash out on Betfred?

Yes, Betfred have a cash-out facility on their website.

Can I use my Betfred Free Bets on any Market?

There are no limits with markets or sports with the Betfred free bets. 

Do Betfred bet credits expire?

Yes, Betfred bet credits expire seven days after receiving them.

What verification documents are required by Betfred?

Two documents are required, a photo ID plus a statement or bill showing your name and address. 

How long does Betfred take to withdraw?

Withdrawals take 48 hours to process before they are sent to you.

What is the Betfred maximum payout?

Maximum payouts are varied depending on the sport – the most you can win from Betfred is £1 million, which is available on horse racing and major football leagues.

How secure is the Betfred betting app?

The Betfred betting app is safe and secure, allowing you to deposit funds, place bets, and withdraw confidently.