Betfred Sports Promo Code February 2023
The Betfred Sports promo code currently available is an up to a $1,111 bonus offer and can be redeemed in participating states, such as Arizona, Colorado, Iowa, Ohio, and Virginia.
Registration is a breeze and this Betfred sign-up bonus does not require the entry of a promo code. Click here to get started.
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Best current Betfred Sports offers
The current Betfred promo code offer is completely legitimate and available to all who are both of legal gambling age and who reside in Arizona, Colorado, Iowa, Ohio, and Virginia. Betfred is active in two additional states: Louisiana is retail only. Here at Covers, we pride ourselves on our due diligence and can confirm that a $1,111 bonus is available in eligible states.
Up to $1,111 Bonus
First-time bettors can activate a $1,111 bonus by making an initial wager of $50.
Eligible customers receive $111 in Fred Bets upon settlement of their first $50 cash bet. In addition, they will receive 50% back on combined total net losses per week — to a maximum of $200 in Fred Bets per week — for five consecutive weeks.
The terms of this promotion are quite detailed and require a multi-step release process, found below in our terms and conditions section.
Winnings can be withdrawn once the bonus amount has been bet once (1x playthrough).
Covers tip: Consistently bet a minimum of $1 weekly to fully release the bonus and maximize value.
Wind Creek Casino - 100% Deposit Match in PA
Betfred Sports is partnered with Wind Creek Casino in Pennsylvania, offering an adjacent offer to the rest of the U.S. New users can receive a 100% deposit match bonus of up to $400. The minimum deposit is $10 and holds a 1x playthrough requirement. You will have to click out to the Wind Creek Casino via the Betfred Sports site.
Responsible gaming: 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
| Betfred Sports Promo Code | Claim Betfred Sports Bonus |
|---|---|
| Betfred Bonus Code | No code - click here! |
| Betfred Sportsbook Offer | Up to $1,111 Bonus |
| Betfred Mobile App | iOS and Android |
| Last Verified | February 2023 |
How to claim the Betfred Sports promo code
Claiming your Betfred Sports sign-up bonus is straightforward, but it requires a couple of weeks to be fully released. Just follow our easy steps below, and you’ll be betting like a pro in no time.
Register
Register for an account on the Betfred website. No promo code is necessary during sign-up to redeem the promo offer.
Deposit funds
Verify your account, choose a deposit method, and transfer funds into your new Betfred Sportsbook account. We recommend a minimum deposit of $50 to qualify for the Betfred Sports promotion.
Make a wager
Once your funds have been deposited and are securely within your account, you are free to choose a sports betting market and make your first sports bet. Keep in mind a minimum bet of $50 must be made to activate the promotion. Bets with odds less than +300 must be used, and the bonus release spans over several weeks.
Withdraw winnings
After your bet has been made, site credit in the form of a Fred Bet will be administered to your online sportsbook within 24 hours. Once you have bet the bonus amount once in full, your winnings will be available for withdrawal.
Betfred Sports promo code terms and conditions
The terms and conditions of redeeming this Betfred new user promo are fairly meticulous.
To start, register for an account on the Betfred Sports website or mobile app. No promo code is required on sign-up or before placing your first sports bet.
- Make a minimum deposit of $50 and place a bet of at least $50 with odds less than +300.
- Betfred will then issue you a $111 Fred Bet upon settlement of the bet.
- You will receive a 50% money back bonus on combined net losses per week — to a maximum of $200 in Fred Bets per week — for five consecutive calendar weeks.
- The end of the initial week is Sunday at 11:59 PM and subsequent weeks are defined as Monday, 12:00 AM through Sunday, 11:59 PM.
- It is important to remember that Fred Bets cannot be withdrawn as real cash.
- The following bets do not qualify for the bonus: futures, boosts, voided, and canceled bets.
For example: A customer places three even money $100 bets and one even money $50 bet ($350 in total). The three $100 bets win, and the one $50 loses. Because the customers won more than they lost, they do not receive the Fred Bets for the week. (($350 bet) - ($600 paid out) = $250 combined total won by the customer).
The playthrough/wagering requirement of the bonus is 1x to qualify for withdrawal.
Covers Tip:
| Betfred Sports | Betting restrictions |
|---|---|
| Minimum bet amount | $50 |
| Maximum bonus money amount | $1,111 |
| Bet odds required | Less than +300 |
| Playthrough requirement | 1x |
Sports and leagues on deck with Betfred Sports betting odds
Betfred has betting odds for a variety of different major sports leagues including the NFL, NBA, MLB, and the NHL. They also offer other sports markets such as college sports, boxing, and darts.
Additional Betfred Sports promotional offers
In addition to the welcome bonus, Betfred Sports has several additional promotional offers available, including ticket giveaways and a refer-a-friend program, which can net both bettors $50 in reward credits.
Betfred also has a loyalty bonus which can give existing users boosted odds which can increase the expected payout. For example, if someone bet the Denver Nuggets, at +120, to beat the Phoenix Suns at Footprint Center — Betfred Sports may boost Denver's odds to +150 and help the bettor earn more.
| Type of Betfred Promo Offer | Description of Betfred Promo Offer |
|---|---|
| Betfred Loyalty Bonus | Betfred sometimes offers returning users boosted odds for a variety of markets. This can favorably increase the odds by upwards of +100. |
| Betfred Refer-A-Friend Program | Every friend you bring to Betfred, who uses your referral code, will earn both of you $50 in reward credits. |
| Betfred Ticket Giveaways | Betfred holds raffles for ticket giveaways to a wide range of sporting events. Betfred rewards points can be redeemed for entry into these contests. |
Where is Betfred Sports legal?
The Betfred Sports new user promo can be accessed here and is available in Arizona, Colorado, Iowa, Ohio, and Virginia to everyone 21 and older.
Nevada is also planning to launch soon.
Make sure to monitor our tracker of all states with legal sports betting, to keep an eye on when new states go live.
Betfred Sportsbook review
Betfred Sportsbook has been around since 1967 (operating in the U.K.) but didn’t enter the United States market until it hit Colorado in September 2020. It is currently available in Arizona, Colorado, Iowa, Louisiana, Pennsylvania, and Virginia.
Betfred was last reviewed by Covers in January 2023 and received a 4.2/5 in our Covers BetSmart System, including a 4.6/5 in the ‘Security & Trust’ category and a 4.4/5 in the ‘Key Features’ category. Those who are 21 years of age or older can use Betfred Sportsbook, either on their website or mobile app, which is available for both iOS and Android.
There are a few different advantages that come with some of Betfred Sports’s main features, including live betting and early cash-outs. Betfred also boasts daily odds boosts and other special promotional campaigns such as the ‘Betfred Sports Pick 6’ — which awards a $100 bet to all users who answer six of ten questions correctly. We recommend Betfred for an enjoyable sports betting experience with a solid selection of odds.
For a thorough evaluation of the site, check out our complete Betfred Sports review.
Customer service at Betfred Sports
Betfred has a reliable online customer service team that is available to provide 24/7 text message support. Unfortunately, online live chat and telephone customer service is not available. They also offer social media user support on Twitter.
- Live chat (text Line): 24/7 via 720-640-4033
- Email: support.co@betfred.com
- Phone: 1-855-769-4878
- Support languages: English
- Twitter: @BetfredSports
USA sports betting resources
Choosing the sportsbook that's right for you is key. That means doing research and comparing different options to ensure you're making the best choice.
We've done a fair amount of that work for you and have assembled some guides to help you navigate the sports betting space.
Betfred Sports promo code FAQ
Yes, Betfred sportsbook is fully-licensed and therefore completely legal in Arizona, Colorado, Iowa, Louisiana, Ohio, Pennsylvania, and Virginia.
There is no promo code required for new users. Simply follow any of the links on this page.
To activate the bonus, bet $50 on an event with odds of less than +300.
Fred Bets are separate from your account balance but used the same as regular bets. Fred Bets cannot be withdrawn as real cash.
Any new users who are at least 21 years old and who reside in Arizona, Colorado, Iowa, Ohio, and Virginia.
The Betfred bonus betting credit can only be used to place Betfred sportsbook wagers. It cannot be withdrawn as real cash.
Betfred Sports' Fred Bets should be credited to your account within 24 hours.
There is a wide range of betting markets on Betfred Sportsbook including football, basketball, hockey, baseball, college football, college basketball, champions league, international sports, and all major sports events.
A Fred Bet is a second-chance bet that is generally administered after a deposit and an initial wager, in the case that it loses. The value carries a maximum amount and is equal to the size of the initial wager.
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Christian is a lifelong sports fan with a love of basketball, football, skiing, and sailing. Prior to joining Covers as a sports betting editor in 2022, Christian spent five years on the operator side with casinos and sportsbooks, giving him a unique perspective to help make smarter sports bettors. His preferred sportsbook is bet365 for its market coverage, and consistent odds boosts.
