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Betfred Sports Promotions

Betfred Sports if offering a great sign up bonus, and tons of regular promos - see them all here

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Betfred Sports

  • Second Chance Bet sign up offer
  • Daily boosts
  • Very competitive odds
  • Betting markets could be deeper
Sign Up Bonus
$105 on Fred
if your first bet loses
Claim Go to Betfred Sports
Website: betfredsports.comFounded: 1967
Owner: Betfred GroupHeadquarters: Birchwood, Warrington
Overall Rating
Author: Jason Mancini Jason Mancini

Betfred first opened its doors in the UK back in 1967. Now, after 50 years of offering some of the best odds, and generally being a global leader in sports betting, they've launched in the US as Betfred Sports.

There are a bunch of reasons we think Betfred is a great addition to the US sports betting industry, but some of the best features and reasons to sign up for this betting site are the odds, boosts, and mobile app.

  1. Betfred has been around long enough to recognize that providing competitive odds is massively important, and is one of their strongest aspects. When you bet regularly, the smallest increases in payout can start to add up.
  2. Daily boosts are just another reason we think Betfred deserves some attention. With the already competitive odds we mentioned, these daily boosts can rocket your potential payout up if you manage to pick a winning bet.
  3. Betting on the go, or just on the couch is awesome, and the well designed and fast mobile app from Betfred Sports makes it easy to do. We love the simple navigation and clean layout that keeps betting organized.

Betfred Sports is legal and live in Colorado, Arizona, Louisiana, Nevada, Ohio, Pennsylvania, Virginia & Iowa.

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Betfred Sports Sign Up Offer

Betfred Sports has joined the Second Chance Bet movement and is now offering players $105 on Fred if their first wager loses.

Betfred Promo Code

Fred was looking out for new bettors here, and made it so you don't need to remember some lengthy code to claim their offer!

All you need to do to claim the Betfred Sports welcome bonus is:

  1. Hit one of the green buttons to be sent to Betfred Sports
  2. Sign up and register
  3. Bet $20
  4. Get losses up to $105 back!

You don't need to worry about turnovers, just wager these Fred bets in the next week and you can claim all your winnings as cash!

Betfred Sports Promotions

Betfred has long history of providing incredible value to to users, and their reputation as a generous betting site has followed to the US. Even though Betfred Sports is still a fairly new and growing betting site in America, they haven't hesitated to offer up bonus bets, parlay insurance, odds boosts, and more to new and existing users. A really brilliant part of Betfred promos is how they are very seasonal, so keeping up with current sports and events is always possible with a bonus in hand!

This page keeps track of all the latest betting promos from Betfred, and what you can expect from them in the future with different sports and major events. Right now Betfred is growing quickly, and has some of the most consistent bonuses in the industry. 

Betfred Promo FAQ

With a ton of promos being thrown at you from Betfred, we've put together a list of some common questions about their promotions and offers

Do I need a Betfred promo code?

Nope, Betfred Sports is one of the betting sites that no longer ask for a physical bonus code to claim their welcome offer or daily promotions. You can just hit one of the green buttons on this page to claim our exclusive bonus offer when you're sent to the betting site!

Is there a Betfred sign up offer?

Absolutely!

Right now the Betfred welcome off is $105 on Fred if your first bet loses.

What are the Betfred bonus bet terms?

This depends on each individual bonus bet offer, but generally Betfred bonus bets must be wagered on events with odds of at least -200 and are only valid for 7 days.

While it may seem like restrictions like this are limiting, these terms are actually pretty similar if not better than quite a few other betting sites, and don't forget that there are a ton of promos you can claim each week, hence the short expiry date.

Are there Betfred free bets?

Betfred doesn't call them 'free bets' (since they're not actually free), and has opted for the creative term 'Fred Bets.' They are one of the most common betting bonuses from Betfred, and are almost always how you get rewarded for taking part in promotions!

There are a number of ways to claim fred bets, but with Betfred Sports you can get some through the sign up offer, bet and get promos, and parlay insurance offers!

We may refer to them as bonus bets or bet credits as well, but they're the same thing really.

How do I claim a Betfred promo?

For most Betfred promos you just need to fulfil the qualifying bet, which may include:

  • what events are eligible
  • how much you need to wager
  • minimum odds

For example, to claim the welcome bonus, you need to sign and and:

  • wager at least $20 at -200 odds

Once you do this you'll be eligible to claim the bonus bet if that bet loses!

How many betfred promotions are there?

Typically, Betfred has several ongoing promotions, but the majority of these promos are actually eligible to be claimed each day so it's tough to actually highlight an actual number!

Quite a few betting sites have one-off promos that are only possible to claim once, and we think this is an area Betfred Sports really shines, with tons of recurring bonuses each week.

Betfred Fred Bets

Generally a pretty universally understood term, fred bets (commonly called bonus bets or bet credits) are fundamentally just a way for you to place a wager without risking any of your own money. So it's a no brainer why a fred bet promo is a sweet deal, and anytime you see one it's worth a look. 

Betfred is one of the best betting sites out there right now when it comes to getting bonus bets into bettor accounts. Ranging from bet and get promos to parlay insurance, there are number of ways to claim these bets and play without dipping into your own wallet. 

Here are a few examples of Betfred Sports 'fred' bet bonuses:

Betfred Bet and Get Promos

We love finding this kind of promo outside of the usual new user offer because it's such a great way to grab bonus bets just by enjoying the betting site pretty normally. Bet and Get promotions do exactly what it says on the tin: place a certain type of bet and get bonus bets as a reward! 

Most of the time you find this type of promo reserved for new users, but that's what makes Betfred Sports such a great betting site for bonuses - they happen all the time! 

For an example golf betting promo:

  • Wager at least $100 on pre-match golf markets
  • Receive a $25 bonus bet when the wagers have settled

Keep an eye open for promos like this one through the year, as Betfred often times allows you to enjoy promos like this one a weekly basis or for each tournament with something like golf!

Betfred Boosts

Betfred sports boosts

Designed to increase the odds in favor of the bettor, Betfred Boosts are an awesome daily promotion for this betting site. All you need to do is click on the boosts tab and you'll find a wide range of markets that all have boosted odds for the day. 

Why do we class this as a Betfred promo?

Just because you'll find odds boosts every day on Betfred Sports, doesn't mean this shouldn't be considered a promotion. Pretty much any oppourtunity for you to get some extra value out of a betting site is a bonus, and this give you the chance to bump up your profits everytime you long onto Betfred!

Betfred Money Back Promos

Money Back promos are not as common as you might expect, so we love to see that Betfred Sports offers them. Essentially a money back offer refunds you a certain percentage or set amount if your bet loses for a particular reason.

Depending on the sport this could relate to an overtime loss in the NFL or NHL, a baseball game going to extra innings, or a motor race finishing behind a safety car. Usually it comes down to fairly unexpected circumstances influencing the outcome, but hey, if Betfred wants to give us some money back we won't say no!

Betfred extra innings good fortune promo

A great example of this is the Extra Innings Good Fortune promo, which reimburses a lost wager by 50% of the stake up to $25 if a baseball game goes into extra innings. Not a bad way to recoup your losses to put a new bet down!

To qualify for this promo:

  • wager at least $10 on a money line market
  • if your bet loses you'll be refunded 50% of your wager (up to $25)

This particular promo is available daily, and the requirements are pretty straightforward. You can expect to see similar types of money back promos that ask for a minimum wager, usually on a specific market, in order to be eligible. Most of the time claiming these bonuses is quite simple, so keep an eye out for all the ways to not lose all of your bet.

Betfred Parlay Promos

Betfred Sports offers a pretty deeps selection of markets you can combine into a parlay, which makes it super enticing when you can take advantage of a parlay promo. There are a few different kinds of parlays and parlay promos, but the most common promotion is parlay insurance

Betfred Parlay Insurance

Betfred 3 team thursday promo mlb

Parlay insurance is actually quite similar to money back promos, but a bit more specific to one type of market - parlays, and is also a fairly common promotion on Betfred. Parlay insurance offers can change pretty regularly depending on which sports or events are happening. But building a wild parlay can be a ton of fun, so why not try and take advantage of some insurance incase one of your parlay legs doesn't work out?

This MLB parlay insurance promo is available every Thursday, and didn't even ask for a massive parlay:

  • Place a bet of $20-$100 on a 3-Team MLB Parlay with minimum odds of +200
  • Earn 25% back if your parlay loses!

Nice and simple, right? And what makes this promo even better is that it doesn't matter how many legs of the parlay lose - where some other parlay insurance promos only allow one leg to fail. 

Betfred Parlay Boosts

Another type of parlay promo is a Parlay Boost. These are fundamentally the same as an odds boost, just for a parlay!

Sometimes you'll be able to find pre-made parlays on Betfred Sports as part of the 'trending' tab that have boosted odds, or you may even be able to create your own parlay that gets boosted if your odds fall within a certain range!

Betfred Sports Parlay Promos

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ClutchBet Basketball Parlay Insurance
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Protect your NBA parlay with ClutchBet, and get 100% of your bet stake back as a bonus bet is a single leg of your parlay misses - up to $25!

DraftKings Sportsbook PGA Championship Boosts
Golf May 17, 2023

Opt in to three different promotions for the PGA Championship with DraftKings Sportsbook.

How Betfred Sports Promotions Work

Betfred Sports is one of the easier betting sites to claim promotions on, with vey straightforward requirements and pretty relaxed limits. When you do find a good promotion, you'll generally be rewarded with bonus bets to use on your next bets. 

Claiming the Betfred Sign Up Offer

  1. Hit one of the green buttons to be sent to Betfred Sports
  2. Sign up with a new account - no need for a promo code!
  3. Deposit and bet at least $20
  4. Claim your Fred bets if your bet loses!

Claiming Other Betfred Promos

You won't be starved for new promotions with Betfred, and after you've grabbed the welcome bonus, it's time to look for some more!

A number of Betfred Sports promotions are able to be claimed daily or weekly, so just read the wagering requirements to claim the bonus, and you'll be able to cash in all the time!

How to use bonus bets on Betfred

Since almost all Betfred promos reward you with bonus bets, it's important to keep in mind a couple things:

  • only winnings can be withdrawn
  • bonus bets expire
  • there may be minimum odds when wagering

While these restrictions are common on all betting sites, you should always know how to use bonus bets - otherwise you may log on one day to find a stockpile has expired!

Betfred Promo Code

Betfred Sports has follow suit like many other US betting sites and opted to avoid a traditional promo code for new users. Which makes it very easy to sign up and claim the welcome offer just by clicking one of the green buttons, something you won't want to miss since it refunds your first bet if it settles as a loss!

No Promo Code Needed for Betfred Sports

Betfred Sports Sign Up Offer

$105 on Fred if your first bet loses

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