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Betfred is one of the largest bookmakers operating in the UK. The company originally launched back in 1967 as just a single betting shop in Salford. In the years since it has grown significantly to become a big player in the online gaming space, offering a wide range of gaming experiences to a huge number of players across the country. Betfred offers a very attractive welcome bonus to new players worth looking into.
Getting Started with Betfred
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The Sign-up Process
New players will find that it is incredibly simple to register with Betfred. On the website, the new player will see a green button that they will have to click to begin the simple five-step process. The process should take no longer than five minutes and the bonus isn’t far away.
To begin, the player will be asked to create a username and password while confirming that they are over 18 years old and agree to the key terms and conditions. Next up, the new players will provide personal details and the account will be strengthened by the supply of real-world contact information.
Finally, the player will provide a UK postcode that confirms they are eligible to play. Now that this is all done, the player will be prompted to use a special promo code if they have one. It can be worth searching through the internet when setting up the account in case the player would like to find a code.
Exploring the Welcome Bonus
Betfred has a flagship welcome bonus that makes it an attractive proposition to new players. Essentially, when the players placed a bet of £10, they will get £30 in Free Bets & 30 Spins.
This is a great way to get your journey with Betfred off to a good start. Of course, the bonus is governed by a series of terms and conditions.
The Bonus Terms
It is important to read the full terms and conditions for Betfred bonuses.
When it comes to the welcome bonus, the player is required to make the initial deposit of £10 using either a debit card, PayPal or Skrill. This bet must then be made at evens or more, and the bet must be settled within 60 days – no long bets! Once this can be completed, the £30 free bet will be credited with the 30 free spins. It is important to note that the bonuses must be used within seven days or they will expire and be lost.
These are the key terms and conditions, but it’s important that you read the others to properly understand what you are obligated to do.
How It Works: Deposits and Withdrawals
As mentioned earlier, there is a range of deposit options. We are going to explore them in further detail here.
Debit Card & Direct Transfer
Betfred – as a major provider – supports debit card payments. When you use this option there are no deposit fees that you will have to pay. This makes it an ideal option when going to secure your welcome bonus. This is also the same for bank transfers if you prefer that option.
Neteller and Skrill are prominent digital wallets which can also be used to make deposits. New players should wary though, given that if they make two withdrawals within a 24-hour period this will see a charge of 2.9%. PayPal does not have these costs associated with it, but exchange rates can differ.
Betfred also accepts deposits at physical locations, which can be a secure way to get money onto your account if you’re very security conscious and looking to limit the amount that you play with.
Once you have won big with your welcome bonus, it will be time to make a withdrawal. Betfred makes the same options available to you in terms of withdrawals.
Debit Card & Direct Transfer
While there is a withdrawal limit of £20,000, there is no cost associated with this type of withdrawal. In terms of the time that it takes to arrive in your account, this will depend on your bank, but they can generally take up to three business days. When it comes to bank transfers, players should be cautious when making more than one transfer within a 28-day period, given that an additional fee will be applied: a £12 fee for a standard transfer and a £25 fee for an urgent transfer.
With Skrill, there are no withdrawal fees unlike Neteller, where a 2% fee is applied if the player hasn’t played through their deposit. PayPal does not have fees and it is processed as quickly as 24 hours, but there is a £5000 withdrawal limit.
Winnings can also be collected from a physical store, but only as a maximum of £250. Great amounts must be requested in advance by two days, and the customer service team must be contacted to coordinate the transfer.
Closing Thoughts: A Strong Welcome Bonus
If you are looking for a strong welcome bonus, this is a very good option. In return for making a small investment in the platform, you will receive a lot of bonuses to enhance your playing with. You will have a lot of betting options at your fingertips, and you’ll also be able to use free spins to explore a lot of the stunning video slots which are available on the website.
This extra bonus capital also helps you to get to grips with the platform and what it can offer. If you’re looking to further explore the mobile and desktop offerings, for example, you can do so without having to make a large upfront investment.
This is a great bonus and a positive introduction to one of the largest bookmakers in the UK.