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Betfred Free Bets for New Customers (March 2024)

betfred betting offerWillie Mullins Closutton Stables 12 February 2024 Cheltenham Festival Media Morning Lossiemouth at home
Photo Healy Racing
The Betfred new customer offer for UK customers is a must - you get £40 in free bets when you place your first wager of just £10. Find a host of free bets from alternative bookmakers and read on to find out more about what Betfred has to offer to its customers.

There are two main types of betting offers:

  • New Customer Offers - available to new customers ONLY
  • Existing Customer Offers - available to new AND existing customers

What Is the Best Betfred 2023 New Customer Offer?

Before signing up as a member, get yourself the UK Betfred new customer offer.

Betfred sign-up offer terms and conditions

The Betfred UK new customer offer is subject to the following general Terms & Conditions:

  • New accounts only.
  • Minimum deposit.
  • Qualifying deposit or bet.
  • Wagering requirements.
  • Odds restrictions.
  • Expiry after a specific number of days.
  • Any winnings from the free bet do not include the stake.

The Betfred welcome offer enhances its horse racing betting service. The free bets sit alongside the Betfred horse racing betting odds.

Betfred Pros and Cons

Betfred pros:

  • Excellent sign-up offer - bet £10 and get £40 in bonuses - an excellent 400% bonus.
  • Live streaming - watch UK and Irish action live. Have you put a bet on a horse? Watch it out and about through the Betfred app.
  • Easy to navigate - even the most novice of bettors can find their way around this intuitive platform.

Betfred cons:

  • Limited Irish offering. Some offers are available in the UK only.

How does the Betfred new customer offer compare to competitors?

Bet £10 and get £40 in bonuses compares well to its competitors offering a high-value bonus:

BookmakerBonus %Offer
Betfred400Get Betfred Betting Offer WELCOME 40
Betfair ZHRD49300Get Betfair Betting Offer
William Hill R30300Get William Hill Betting Offer
Paddy Power YSKWEX400Get Paddy Power Betting Offer
bet365 IRC365300Get bet365 Betting Offer

How to claim your Betfred New Customer Offer

It’s worth noting that wagering on the Betfred horse betting page is very simple. Pages are easy to follow, markets are plentiful and it works just as well on the mobile app as on desktop.

If you’re not yet a Betfred customer, we can help you to place a bet from scratch. Here’s our step-by-step guide to placing your bets on the Betfred horse racing betting section:

Step 1

betfred sign upClick on the green button to get your offer

Once you have reached the Betfred.com offer page by clicking on the link above, click on the green 'Claim Here' button.

Step 2

betfred betting offer registrationEnter your personal details
Enter information, including your name, address and telephone number.

Step 3

betfred free betsClick register to complete your sign up process
Complete the process by agreeing to the terms and conditions and creating your account.

Where can I use my Betfred free bets today?

Bet of the Day

Formscan racing experts choose their 'nap of the day' seven days a week. Looking to place your €10 today? Here is the bet of the day to help you along the way.

How to place your bet

  • Deposit cash and remember to claim your bonus.
  • Click on ‘ horse racing’, found in the list of sports on the left side of the screen.
  • Choose your race from the schedule and check out all the Betfred horse racing odds.
  • Click on the horse(s) you want to place a bet on. Selections will appear in your betslip.
  • Enter your stake and click ‘place bet’.

Discover how to bet on horse racing here.

Where did Betfred rank at the 2023 UK Bookmaker Awards?

Between us we have years of experience within the horse racing and betting industry. This in-depth knowledge of the industry means we can apply our expertise to unearthing the best betting sites, furthermore we identify the top operators based on data findings from the UK Bookmaker Awards.

The betting sites are ranked out of 23 for each category listed above, allowing you to assess each operator for the categories most important to you.

  • Analysis of data sets drawing on 4 million data points.
  • Continual testing with updates released in January.
  • Regular assessment of horse racing markets such as ante-post, pre-race, in-play and the range of markets on offer.
  • The generosity of the markets on offer from each bookmaker.
  • The variety of sports markets available to punters with a keen interest in betting on sports.

Below you can see the findings for Betfred, which ranked number 1 for its existing customer offers, you can find its promotions for existing customers detailed on this page. Customer service and banking options also emerged in the top ten.

CategoryBookmaker Award Ranking
Existing Customer Offers1
Customer Service 8
Banking 9
Welcome Bonus 13
Horse Racing Odds 13
Betting Experience14
Market Selection 22
Overall20

How To Use Betfred Free Bets

The Betfred welcome bonus will be credited to your account once you have placed the qualifying bet and using your free bet is very simple.

Sign into your account, add your selections to your bet-slip and place your bet using your free bet credit.

If your bet is a winning one, your stake from the bet credits will not be included in your returns.

Find all of today’s best free bets from leading bookmakers here.

How To Withdraw Free Bets

Once your Betfred free bet is wagered, you can then withdraw your winnings as cash if your bet is successful. The return excludes your free bet stake.

Please note, you are not able to withdraw the bets straight to your bank account, it must be wagered first.

Withdrawal Method

Fee

Processing Time

Minimum Limit

Debit Card Visa

Free

3 - 5 banking days 

£5

Debit Card Visa Electron

Free

3 - 5 banking days

£5

Debit Card Mastercard

Free

3 - 5 banking days 

£5

Debit Card Maestro

Free

3 - 5 banking days

£5

Neteller

Free

Up to 48 hours 

£5

PayPal

Free

Up to 48 hours

£5

Visa Fast Funds 

Free

Up to 3 hours

£5

Skrill

Free

Up to 48 hours

£5

Bank Transfer

Free

2 banking days

£25

Betfred Horse Racing Odds and Betting Markets

The Betfred horse racing page has several markets to choose from on each race. It’s not as comprehensive as some rivals, but the main markets are available.

Generally, on all races in Ireland and the UK, you’ll find these markets available:

  • Win or Each Way
  • Insurance Betting (money back if you lose but your horse is placed)
  • Place Betting

Win and each-way are naturally the most popular markets. Latest win odds are available to the right of each runner on the race card. Each-way terms are as standard.

Betfred Existing Customer Offers

Extra Place Races and Super Extra Place Races

When it comes to existing customer offer, Betfred is probably best known for its extra places offers. Each week the operator presents nominated races for every day in which you can get extra places. If your horse finishes in the extended places, you will get your return at 1/5 of the odds.

Full T&Cs apply.

Best Odds Guaranteed

BOG, or ‘Best Odds Guaranteed’, is available every day with Betfred horse betting. Taking the SP is a choice on the Betfred betslip, but it’s best not to in most cases. BOG means that you can take the price available on your horse, but if it wins and the SP is bigger, you’ll win at the better odds. Betfred best odd guaranteed is available on all races in the UK and Ireland every day from 8am.

Full T&Cs apply.

Money-back Specials

Betfred daily specials are fairly strong and you have the opportunity to get your money back if your selection finishes second. This offer is available on a specified race every day which you will find under the 'promotions' tab. Your win stake will be refunded as a free bet up to £10.

Full T&Cs apply.

Ante-Post

Betfred horse racing offers a reasonable ante-post section. Different sections for flat, National Hunt and for specific races and meetings are available in the form of a list.

Mostly, the ante-post section offers just basic win and each-way odds. When we get closer to the time, major meetings such as the Cheltenham Festival are offered with the concession of NRNB ? Non-Runner, No Bet prices.

Full T&Cs apply.

Top Betfred Horse Betting Features

As well as the basic Betfred horse racing odds, you’ll find on their site some extra features.

Race card form information, Racing Post verdict, live streaming, a cash out facility and a sports betting app are all included.

Cash Out

Betfred’s cash out feature, stylised as CashOut, is offered on win and each-way horse racing bets. CashOut hands you the chance to settle your bets early at the value offered, taking away the need to wait for your race(s) to be over.

The CashOut amount offered is based partly on your original bet amount, the status of the bet and the current market odds on any unsettled selections.

When you choose to bow out of your bet early and take a guaranteed profit or minimise your losses, tap the CashOut button and the money owed will go automatically into your account.

Live Streaming

Just below the ‘racecard’, ‘Racing Post Verdict’ and ‘more markets’ banners you’ll see ‘Watch Live’. This is how you can access live streaming if the race in question is in the UK or Ireland. You’ll need to be a full member with Betfred in order to access the coverage.

Streaming is always of high quality and is made available on all Irish and UK races, every day. The coverage comes from Sky Sports Racing or Racing TV. This means that some insights, tips and commentary are also available.

Streams begin just before the scheduled post time and end shortly after the race is finished. Betfred’s live streaming of horse racing is a ‘bet to watch’ service, meaning you’ll need to place a bet of at least £1 on a race in order to watch it live. Streams are accessible on the main site, the mobile site and the sports betting app.

Betfred Sports Betting App

Essentially featuring the same odds and features as the main site, the Betfred ‘Sports Betting & More’ app is fantastic for horse racing punters.

Within the app you can manage your finances and other aspects of your account. You may also be able to unlock mobile-only or app-only promotions. Live streaming, the CashOut facility and all other horse racing-related features are offered on the app.

You can claim your welcome bonus, get ‘best odds guaranteed’ and manage your horse racing bets just as easily on the move via the app as you can on the desktop site from home. The app is available to download on all iOS and Android smartphones and tablets and is very easy to use.

Race Card Info

When clicking on a race time, the first layout you’ll see is the race card. You can list the card in horse number, horse name or odds order.

The draw, jockey/trainer names, basic form, ratings and odds are all available. From here, you can click on the odds in order to add a horse to your betslip.

Switching to ‘more markets’ gives you a chance to place an insurance bet, or see the place market rather than win or each-way.

Most Popular Horse Races to Bet on With Betfred

There is a fair range of markets put up on the Betfred horse racing page each day. Much bigger promos and specials are made available for the major festivals, however.

Competitive Betfred horse racing betting is quoted on the Grand National, all races at Royal Ascot and of course on the Cheltenham Festival.

Specials are given, but always shop around to make sure getting a Betfred horse racing offer is best for you versus grabbing one from one of the other major firms.

FAQ: Horse Racing Betting Betfred

Your important questions answered about the Betfred horse racing page.

Is Betfred a Good Site for Betting on Horse Racing?

Racing is a specialism for them, so yes. Odds are fair if not brilliant and there are enough features to make your experience a good one.

How Do I Place a Bet With Betfred?

Once you’re logged in as a member, just head to ‘horse racing’. Click on the race/horse you’re interested in, add it to your betslip and click ‘place bet’.

Can I Watch Horse Racing Live With Betfred?

Yes. The Betfred racing section includes live streaming of every Irish and UK race. You are required to have placed a bet of at least £1 on the particular race in order to watch it.

Which Horse Racing Bonuses and Special Promotions are Available?

A Betfred welcome offer is available to all new customers. Also, you can claim Betfred horse racing offers after you’re a member such as ‘free bet if you finish second to the favourite’.

How Do I Claim the Betfred Welcome Offer?

Head to the main site, click ‘promotions’, choose your offer then hit ‘register’.

What Safer Gambling Tools Does The Operator Have Available?

Betfred has its own dedicated Safer Gambling section on its platform where you can find all the measures it has in place to ensure you are gambling safely: reality checks, deposit limits, time-out, self-exclusion and a self-assessment tool.

Learn more on the Betfred safer gambling tools page.

Betfred Horse Racing Review Verdict

All things considered; the Betfred horse racing section is pretty competitive. Odds and markets are easy to find and navigate, while they can be accessed via app, mobile site or desktop. Remember; live streaming is also available with Betfred.

Please ensure you play responsibly when choosing to gamble. Always take time to read the operator’s T&Cs and ensure you understand them correctly before committing to an account, or when signing up for an offer or promotion.

Further Reading