Betfred Horse Racing Review – Tote Pool Betting, Advanced Bets and More

Punters who are looking for the top UK horse racing betting sites will not be disappointed with Betfred. Here, we examine all that the bookie has to offer, from its welcome bonus to its markets, payment options, mobile apps, and more, ensuring you have all the information you need to decide if it is the right bookmaker for you.
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9.8/10
  • Great Range of Horse Betting Promos
  • UK, Ireland and International Race Coverage
  • Antepost and Special Horse Race Betting Markets
Founded1967
Sport20+
Min. deposit£10
Min. bet£1
CurrencyGBP, NOK, EUR, USD, +8
Apps
Languages +11
Live stream
Payments
License
#AD. New customers only. Register with BETFRED50. Deposit £10+ via Debit Card and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

How to Open a Horse Race Betting Account at Betfred

Before newcomers can pick up their welcome bonus at Betfred, they must create a betting account.

To do this, it is necessary to fill in a form with some basic details and create a username and password. New users need to provide their phone number and email address. They will also need to supply their date of birth and their full address. After completing the form and accepting the terms and conditions, the account is created.

The final step to opening an account at Betfred is to verify the account. Licensed bookmakers in the UK are required by law to confirm the identity of their customers in order to prevent fraud, money laundering and underage gambling. Betfred will require an official photo ID document, such as a driver’s licence or passport, and proof of address, such as a utility bill.

Generous Horse Racing Betfred Bonuses

Betfred, as one of the leading horse betting sites, offers some truly outstanding bonuses. The most prominent of these is the welcome bonus, which is worth up to £30 in bonus bets and can be put towards Betfred horse racing bets.

Bet £10 Get £30 in Bonus Bets

New customers can pick up a £30 betting bonus and £10 casino credits after depositing and placing a bet of £10 or more on sports. The deposit must be made within 7 days of registering using a debit card. A qualifying bet of £10 or more on odds of 1/1 or longer is required. The £30 credits can be put into any number of bets, but when the bet is settled, the stake will return to Betfred.

The gifts do not stop with the welcome bonus. At Betfred, punters can take advantage of a multitude of generous promotions, including many that are specifically aimed at horse racing betting fans. These include:

  • Price Boosts
  • Extra Places & Super Extra Places
  • Money Back Bonuses
  • Best Odds Guaranteed on UK & IE Races
  • Cash Bonuses and Odds Boosts on Full Cover Bets

With cash boosts and odds boosts on full cover bets, the sportsbook paying for extra places and some money-back specials, bettors truly have plenty to look forward to at Betfred.

Betfred Horse Racing

Safe and Swift Betfred Payments

Betfred accepts all of the most common payment methods, meaning that the vast majority of people should have no problems depositing funds at the site. The payment methods include:

  • Visa – Min £5
  • Mastercard – Min £5
  • NETELLER – Min £5.50
  • Skrill – Min £5
  • Bank Transfer – Min £85
  • PayPal – Min £5.50
  • paysafecard – Min £5

It is important to note that withdrawals can take up to 48 hours to be processed. All withdrawals and deposits are free of any charge from Betfred, but bettors may have to pay small charges for sending the money from their bank or e-wallet.

To make a deposit, customers need to log into their account and select the ‘Deposit’ option in the account menu. Then, they will need to enter the amount they want to deposit and select which payment method they would like to use. Once the details are confirmed, you simply need to follow the instructions to complete the transaction, which will be processed instantly. Withdrawals follow a similar procedure; players enter how much they would like to withdraw, select a payment method, and enter the requested information.

How to Start Betting on Horse Races

Betfred claims to be one of the best betting sites for horse racing punters. The races are organised by racetrack and time, and bettors simply pick one of the races and then choose which bets they would like to place. The odds are displayed in fractional format by default, but it is possible to change to decimal or American format. There are a number of betting markets available, including:

  • Outright Winner
  • Each Way
  • Exacta/Trifecta
  • UK Tote Bets
  • Antepost Betting Markets

It is easy to pick multiple outright winners or each-way bets and then combine them into multiple selection parlays. Betfred allows punters to combine up to 8 selections in a Goliath Bet. There are also Tote Bets for UK customers, giving bettors the chance to win massive prizes from a shared pool of stakes.

Pros
  • Bonuses and Promos on Horse Racing Bets
  • Round Robin Bets
  • UK and International Live Streams
  • Tote Pool Betting for UK Customers
Cons
  • Limited Place Bets

Betfred’s Further Sports Betting Opportunities

Betfred is not only one of the UK’s best horse race betting sites, but it also covers many other sports.

The most popular sports to bet on at Betfred are football, tennis, basketball, American football, rugby and motorsports. The sportsbook also offers markets on niche sports such as hurling, UFC/MMA and cycling. When there are no horse races to bet on, punters can head to the Virtual Sports category, where they will find several virtual horse and greyhound races to bet on. The betting options are the same, and the graphics are top quality, creating a truly authentic atmosphere when watching the races.

Extensive Live Streaming and Betting Markets

Betfred horse racing punters will be thrilled with the live horse racing betting opportunities available. Bettors must log in and place a bet on a race to watch the event live. The platform covers all the major meetings in the UK and Ireland, as well as international horse races from South America, Japan, France, the USA, and many more. Bettors can toggle between the UK & Irish upcoming races and the International races, and all the events are neatly organised by the racetrack.

Punters can also add races to their racecards so that they can view all the betting markets from their chosen races and form multiple selection parlays.

Live streams and betting are not restricted to horse race betting. Punters can watch and bet live on football, tennis, basketball, volleyball, and various other sports.

Pros
  • UK, Irish and International Races Streamed Live
  • Add Race to Racecard Option
  • Fast Bet Settlement
Cons
  • Odds Can Fluctuate Drastically
  • Live Streams Not Offered on All Sports

Betfred’s Mobile Compatibility

All the bonuses, live streaming options, and betting markets can be accessed through Betfred’s excellent betting app. The bookmaker has mobile apps available in the Google Play Store and Apple Store. The apps are extremely user-friendly.

Punters simply need to download, log in, and they can dive straight into the betting action. The apps provide bettors with tools to edit their bets, add races to their racecards, view all the bonuses and promotions, make deposits or withdrawals, and so on. In other words, the mobile apps provide access to all that the bookmaker has to offer and those that prefer not to, never need visit the desktop site.

Betfred’s Licenses and Commitment to Customer Safety

Over the years, Betfred has built an excellent reputation for reliability and safety, which is thoroughly deserved. The bookmaker has licences from the UKGC and GGC, two of the most respected gambling authorities in the world. As such, it has proven itself to provide the highest levels of security and player protection.

The latest encryption technology is used to safeguard customers’ personal information and money, while various tools are offered to encourage safe gambling. Furthermore, Betfred works with a number of institutions, such as BeGambleAware, GamStop and GamCare, the National Gambling Helpline, to help combat problem gambling.

Numerous Customer Support Channels

Providing first-rate customer support is a must for a bookmaker to be considered among the best and Betfred clearly takes this seriously. Customers can reach customer support by phone, live chat or email. The live chat channel is open 24/7, and phone support is available from 8 AM to 8 PM UK time.

In addition, Betfred also has an extensive FAQ section and a feedback form on its site.

name
Betfred
address
5.2 Waterport Place, 2 Europort Avenue, Gibraltar GX11 1AA, Gibraltar
established
1967
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GGC and UKGC (through GGC), 99314
phone
0800 028 7747
email
support@betfred.com
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FAQ

Yes, Betfred has a gambling licence from the UK Gambling Commission. As such, it is completely legal for UK residents to enjoy all that Betfred has to offer and customers can be sure that it is a safe, fair and reliable place to bet on horses.
Betfred runs a number of horse racing promotions, including price boosts, money-back insurance, best odds guaranteed and extra places options. The platform also encourages bettors to place full cover bets such as Canadian, Trixie, Goliath, etc., through its cash bonus and odds boosts on advanced multiple selection bets.
Tote betting involves pooling money from all bets on a horse race. The total pool is then divided among those who bet on the winning horses. The odds vary based on how much is bet on each horse, offering potentially large payouts from small bets.