Betfred

Steven D. Thompson

Updated:

Betfred has been operating in South Africa since 2021 when it acquired a local South African wagering platform to enter the market. The world-renowned betting operator is licensed in South Africa by the Mpumalanga Economic Regulator and is a legitimate sportsbook for bettors in the country. Keep reading to learn more about Betfred South Africa.

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Established: 1967
Minimum Deposit: $10
Licenses: UK Gambling Commission
0.1/10 Betpack Rating

Betfred Review

Betfred Pros & Cons

Pros

Pros

  • Claim a first deposit and a first bet promo.
  • Comprehensive pre-match and live betting sections.
  • The bettor-friendly layout makes the site easy to navigate.
Cons

Cons

  • No mobile app.
  • No loyalty program.
  • No live streaming.

Betfred Overview

Licenses
UK Gambling Commission
Languages
English
Established
1967
Loyalty/VIP Programme
No
Betfred Extra Features
Bonuses, Casino, Live Streaming, Mobile App, VIP Programme
Withdrawal Limits
€20000 N/A

Betfred Payment Methods

Depositing Methods
Withdrawal Methods

Betfred Extra Features

Extra Features
Table of Contents

    Betfred Bonus Offers

    Betfred has a fantastic range of promos, especially when it comes to new customers who can qualify not just for the first deposit promo but also for the first bet bonus. However, that doesn’t mean the bookie forgets about existing customers. They too can get their fair share of bonuses, ranging from cash-out features to accumulator boosts. Read on to learn more about the sports betting promotions you can claim at Betfred.

    Betfred Welcome Bonus

    Betfred offers an enticing welcome bonus for all new customers. When you register an account with Betfred for the first time, you automatically qualify for a first deposit match bonus of up to R5000. To activate the first deposit bonus, you need to deposit into your newly opened account and get a 100% match bonus up to R5000. That means the bookie will match any qualifying first deposit up to a maximum bonus amount of R5000.

    For bonus funds to be transferred to your main wallet, you need to meet a 5x wagering requirement at odds of at least 1/1. Multiples can also qualify for rollover requirements, but only if each selection in the multiple bet is at odds of 1/4 or higher. Pre-match and live sports bets will qualify you for the promo, and so will wagers on greyhounds, horse racing, and outrights. You have two months to meet the wagering requirements of the Betfred welcome promo before bonus funds expire.

    Betfred Free Bets

    Most Betfred promos credit bonus funds to your betting account. Unfortunately, that also means that you won’t be able to get any free bets. However, unlike free bets, you can use bonus funds to place multiple bets. So, it may not be so bad that Betfred opts for bonus funds promos. Anyway, if you are looking for free bets, make sure to come back to this Betfred review at a later time. If the bookie rolls out a free bet promo, this is where you will learn about it first.

    Betfred VIP/Loyalty Program

    Unfortunately, Betfred does not have a loyalty or a VIP program. However, considering the wide range of bonuses you can trigger, you may not even need one. Nevertheless, if this South African bookmaker decides to introduce a loyalty scheme, we will be the first to tell you. Make sure to return to this Betfred review at a later date to see if Betfred has launched a loyalty program.

    Other Betfred Bonuses

    If you are choosing your bookmaker based on the bonuses it offers, Betfred is an excellent choice. The sportsbook offers a wide range of promos in addition to the lucrative welcome bonus. Let’s look at the other Betfred bonuses you can trigger.

    First Bet Bonus

    Betfred gives you bonus funds on your first deposit, but it also credits bonus money to your account when you place your first bet. Here’s how the First Bet Bonus works. After you register an account and make your first deposit, place your first bet. Betfred will give you three times your bet stake in bonus funds up to R5000. For instance, if you place an R50 bet, Betfred will transfer R150 to your bonus wallet. If you stake R2000, Betfred will give you R5000 in bonus funds.

    To get your First Bet Bonus funds, any first bet will do, except for canceled, refunded, or revoked wagers. To be able to withdraw your bonus winnings, though, you will need a 5x wagering requirement at odds of 1/1 or higher. Multiples can also qualify provided each pick in your multiple bet is at odds of 1/4 or higher. As with the first deposit bonus, you have two months to meet the wagering requirements of the First Bet Bonus.

    Boost Your Multiples by Up to 30%

    If you place accumulator bets frequently, check out the accumulator boost promo Betfred offers. With it, you increase your potential winnings every time you add qualifying legs to your multiple wagers. Here’s the percentage boost you get based on the number of events in your accumulator bet:

      • 3 Selections - 3%
      • 4 Selections - 4%
      • 5-10 Selections - 10%
      • 11 Selections - 12%
      • 12-15 Selections - 15%
      • 16-17 Selections - 17%
      • 18-24 Selections - 20%
      • 25-27 Selections - 25%
      • 28-50 Selections - 30%

      However, please note that for a selection to qualify for the accumulator boost, it must be at odds of 7/20 or higher. Picks with odds lower than 7/20 won’t be counted as additional selections.

      Cash Out

      Punters who want to minimize the risks of losing potentially winning bets will love Betfred’s cash-out feature. With it, you get winning wagers and peace of mind even before all selections in your bet slip are settled.

      As you probably know, the Cash Out feature allows you to withdraw a portion of your potential winnings before all legs in it are settled. An important thing to note, though. Only multiple bets will qualify you for Betfred’s Cash Out feature. Single bets don’t qualify. Moreover, to be eligible for a cash-out, at least one selection in your bet slip has to win and each pick should be at odds of 1/4 or higher.

      Also, it is important to know that you will be able to cash out only before the last selection in your bet slip. After that, you will no longer be eligible for the cash-out promo. Lastly, you should know that even when you comply with all the conditions, you may not get the chance to cash out, as the cash-out option is given at Betfred’s discretion.

      Invite a Friend

      You can get R50 in bonus money when you invite your friends to join Betfred. To refer a friend, log into your Betfred Loyalty profile, and go to “Earn Rewards.” Next, click on “Invite Friends” and select “Invite a Friend.” The more friends you invite, the more R50 bonuses you will get. For instance, if you invite three friends, you will get three “Invite a Friend” bonuses (3xR50).

      To be able to withdraw winnings obtained from the “Invite a Friend” bonus funds, you will need to meet a 5x wagering requirement at odds of 1/1 or higher. Multiple bets where each selection is at least 1/4 qualify too. Also, it is important to note that you can only withdraw your winnings after the friends you invited have deposited R50 or more into their betting accounts.

      Birthday Bonus

      Betfred gives you bonus credits on various occasions, including on that most special of days, your birthday. When you sign into your account on your birthday, you will find R100 in bonus funds that weren't there the day before.

      To be able to withdraw the winnings you get with these bonus funds, you need to play them only once at odds of 1/1 or higher. As with other Betfred bonuses, multiples also qualify as long as each selection in them is at odds of 1/4 or higher. You have seven days to meet the wagering requirement before bonus funds expire.

      Betfred: Design & Usability

      Betfred has a user-friendly design and layout. The website is easy to navigate, and you can find the sports and markets you need reasonably quickly. It is also optimized for mobile users, meaning you can use a mobile browser to access Betfred from an Android or iOS mobile device.

      While a dedicated betting app is always a welcome addition, the mobile version of the Betfred site works just as well. It looks good too. In fact, both the desktop site and the mobile version of the sportsbook are easy on the eye and the combination of colours works great with the more traditional look the website sports.

      Betfred Sports

      The collection of sports at Betfred is among the best ones out there. The bookie lets you wager on both popular and obscure sports and has everything from soccer and tennis to Alpine skiing and floorball.

      Soccer

      There are many popular sports at Betfred but none gets as much traffic as soccer. Bettors in South Africa place tons of wagers on soccer week in and week out on the Serie A, Bundesliga, Spanish La Liga, and the English Premier League. The South African Premiership is a top choice too, as are international competitions such as the FIFA World Cup and the Africa Cup of Nations.

      Basketball

      Basketball is the favourite sport of thousands of Betfred punters and for good reason. Competitions such as the NBA, NCAA, and the EuroLeague are super exciting to watch and become even more exhilarating when you bet on them. Betfred makes betting on basketball twice as fun by offering the best pre-match and live betting markets. And if that is not enough, check out the bookmaker’s outright betting options and various player prop bets.

      Tennis

      You can bet on tennis with the bookie since it is super popular at Betfred, as it is one of the rare sports that is being played almost year-round. Starting with the Australian Open, continuing with Roland Garros, Wimbledon, and ending with the US Open, the tennis season has some of the most competitive tournaments in sports. And it’s not just the Grand Slams that punters love. The ATP and WTA Finals, as well as all the ATP 1000 Masters and WTA 1000 tournaments, offer tons of betting options and winning avenues for prolific Betfred bettors. 

      Betfred Betting Markets

      Betfred gives you all the betting options you need, as well as wagering markets you didn’t know you could bet on. But let’s start with what bettors opt for most often - the main bet types. At Betfred, the markets that are most often selected include:

        • Match Winner
        • Double Chance
        • Both Teams to Score
        • Total Goals/Points/Runs
        • Draw No Bet
        • Correct Score
        • HT-FT
        • Handicap
        • Asian Handicap
        • Etc.

        But the main pre-match markets are only the tip of the iceberg. In fact, when you want to bet on a popular soccer match, you often get over a thousand betting options. The more exotic bet types include markets dealing with the number of corners and bookings, for instance.

        In sports like rugby, you can bet on first-half total team points, while in cricket, you can wager on a player to score 50 or 100. Betfred is really good at giving you both the main and alternative pre-match betting options, and you should make the most of that.

        In-Play Betting & Live Betting

        Betfred has a top-notch live betting section. The in-play wagering options at Betfred are almost as many as those in the pre-match offering. That means you can bet on popular live betting markets, such as 3-way Match Winner, Both Teams To Score, Draw No Bet, Over/Under Totals, Handicaps, and so on.

        Betfred also gives you unique live betting combo bets. For instance, if you are betting on a live soccer match, you can wager on Double Chance & Both Teams To Score. Alternatively, you can go for the Double Chance & Total Goals market. Similarly, if you are placing in-play ice hockey wagers, you can bet on a 3-way Match Winner & Total Goals. You can wager on the 1st Period & Match 3-way market too. Check out the Betfred live betting section, and you will instantly see why we were so impressed with it.

        Betfred Odds

        Betfred offers decent odds. However, they won’t blow you away. Even though the bookie has a comprehensive list of pre-match betting markets, the odds are lower than what many rival sportsbooks offer. Similarly, despite the fantastic range of live wagering options, Betfred’s in-play odds are nothing to write home about.

        In short, if you are looking for a bookie with great bonuses and markets, Betfred is a great pick. However, if you are on the search for the best odds in South Africa, go with Betfred only if you don’t want to miss out on the promos and betting options we just mentioned. Betfred odds are quite average.

        Betfred Live Streaming   

        Betfred offers many betting options and features. Unfortunately, live streaming isn’t one of them. The good news is that despite not offering live streams of games, Betfred covers other aspects of matches. For instance, it has a live results section, where you get the latest scores. It also boasts comprehensive statistics for a wide range of sports and competitions and gives you everything from head-to-head matches to referee stats. However, as impressive as these additional sportsbook features are, they don’t offset the lack of live streaming of sports matches.

        Betfred Mobile App

        Betfred does not have a mobile betting app. But, in all honesty, it doesn’t need one. The sportsbook website is completely optimized for mobile users. You can place wagers on the go, deposit and withdraw from both Android and iOS devices, and contact support instantly. You can also trigger all Betfred bonuses.

        However, if there is one thing mobile betting apps give you, it is the chance to activate mobile-specific bonuses. Unfortunately, because Betfred doesn’t have a dedicated app, you have to settle for the regular betting site promos. For most bettors, they are more than enough, though.

        Betfred Customer Service

        Betfred gives you several channels of communication should you wish to contact the bookie. However, many bettors often choose to find the answers alone. For that to happen, though, they need a decent FAQ section. Unfortunately, there is no such thing at Betfred. That’s one thing we would like to see improved.

        Betfred Live Chat

        The easiest way to contact Betfred SA is to use the live chat option. There are usually several live chat operators that are available at any given time, so you should have no problem getting assistance immediately. To access live chat click on the Chat icon in the bottom right corner of your screen.

        Betfred Email

        If you need to explain your problem in more detail or have a longer query, you can always get in touch with Betfred via email. However, dropping Betfred a line at [email protected] will not yield responses as fast as those you will get via live chat.

        Betfred Phone Support

        Lastly, you can also contact Betfred via telephone by dialing 087 095 8862. This is often the best way to resolve any problem you might have immediately and without having to send messages back and forth.

        How to Register at Betfred

        Registering at Betfred is as easy as you want it to be. The bookmaker has done away with all the needless steps and has streamlined the process as much as possible. That means you will have an active betting account only minutes after you have registered. Here’s how you can do it.

        • Estimated Time Needed: 10:00
        • Tools Needed: Account
        • Supplies Needed: Time, Money
        Provide Your Mobile Phone Number Step 1

        Provide Your Mobile Phone Number

        First, click the link we provide to access the sportsbook’s official website and click on the red Join button in the top right corner. A window will open prompting you to enter your phone number.

        Enter the Code Step 2

        Enter the Code

        Type in your phone number and ask for an SMS code. As soon as the SMS code arrives, enter it and click on Verify.

        Create Your Account Step 3

        Create Your Account

        Next, create an account by entering your first and last name, address of residence, email, and a couple of other details.

        Start Betting Step 4

        Start Betting

        Your Betfred registration is now complete. You can now place wagers and activate Betfred bonuses.

        Betfred Payment Methods

        Betfred works with several payment methods. The bookmaker enables you to deposit and withdraw using credit and debit cards and instant bank-to-bank transfers, as well as prepaid card vouchers, to deposit anonymously into your account. These are the banking options you can use at Betfred:

          • Visa
          • EFTsecure
          • Blu Approved
          • 1Voucher
          • OTT Voucher
          • OZOW

          All Betfred deposits are instant. That means regardless of the deposit option you use, you will get your betting funds in your account instantly. Withdrawals are not as fast, though, and vary from one payment to another. In general, you can expect to get Visa and MasterCard withdrawals within a few days, while OZOW payouts are the fastest. You could get your winnings via OZOW within minutes of your withdrawal requests being processed. The maximum amount you can win in one trading day at Betfred is R15,000,000.

          Is Betfred Safe?

          Betfred is a safe and secure betting site that utilizes industry-standard encryption technology to protect your financial information. That means the sportsbook scrambles all data you leave behind when you deposit so that third parties will have absolutely no access to it.

          Another feature that makes Betfred slightly more secure than competitors is the fact you have to possess a South African mobile phone number to register. That gives the bookie control over who joins the betting site and keeps outsiders away from the sportsbook. Even though this might notctly make the site more secure for you, it tells you that Betfred is a legitimate betting site, dedicated to upholding the highest sports wagering and responsible gambling standards for South African bettors.

          Betfred Gaming License

          Betfred is a licensed bookmaker that is regulated by the Mpumalanga Economic Regulator. The bookie is subject to the relevant gambling legislation and gambling laws, meaning it has to comply with all sports wagering rules and regulations in South Africa.

          Frequently Asked Questions

          Does Betfred have a Gambling Licence?

          Yes, it does. Betfred is a renowned sports betting operator licensed by the Mpumalanga Economic Regulator in South Africa.

          Which Payment Methods are Available at Betfred?

          When you join Betfred, you can deposit and withdraw using Visa, MasterCard, EFTsecure, Blu Approved, 1Voucher, OTT Voucher, and OZOW.

          Does Betfred have a Mobile App for Android and iOS?

          No, it doesn’t. However, the sportsbook is optimized for mobile users. That means you can access it via a mobile browser and bet on the go just as you would with a mobile betting app.

          What is the Maximum Payout at Betfred?

          The maximum a player can win in one day at Betfred is R15,000,000.

          Is Live Streaming Available at Betfred?

          No, it isn’t. Unfortunately, live streaming is not offered at Betfred.

          Our odds and reviews have been featured in:
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