Betfred sign-up offer and promo code: what you need to know

What is the Betfred sign-up offer?

The Betfred sign-up offer gives new customers £40 in bonuses when they stake £10 on its sportsbook, making it one of the best offers in the industry.

New customers must place one £10 bet on Betfred’s sports markets at evens or higher, and once the bet is settled you receive your Betfred bonuses within 48 hours.

You can use these on lots of different markets on the Betfred website, and £40 worth of bonuses is a decent amount to get new users acclimatised to the online bookmaker and familiar with many of its available options.

Already claimed the Betfred sign-up offer? Take advantage of all the latest bookmaker offers on our comprehensive list of the best betting sites.

• Read our full Betfred review

How to claim Betfred free bets

You can claim your Betfred free bets by taking a few moments to sign up to an account and using a Betfred promo code to claim your offer.

• Register for a Betfred account.
• Click “opt in” to the Betfred sign-up bonus.
• Deposit £10 to your Betfred account.
• Make a £10 bet at odds of evens or greater on sports.
• Once the first £10 bet is made and settled, you will receive £40 worth of bonuses.
• Betfred’s bonus can take anywhere up to 48 hours to add the bonus funds to your account.

Read our full review of Betfred

Betfred promo code

Betfred requires new customers to enter a promo code when they deposit to trigger its offer.

The current Betfred offer promo code is TELE40 – which is exclusive just for Telegraph readers – and when signing up through this article the code will be automatically added for you.

New customers can sign up to the site with ease when they register for an account and make use of some brilliant online sportsbook opportunities with the popular Betfred promo code. 

The site offers a host of different markets and the sportsbook is one of the best in the industry, with a variety of football leagues to bet on and more sports being added all the time. As mentioned, you can sign up using the code TELE40.

The sign-up offer gives you free bets and bonuses – and with the Betfred promo code you are sure to make use of the site’s excellent features.

How to use a Betfred promo code

Here is a complete guide on how to use the Betfred promo code that enables you to claim the new customer offer.

1. Click here to open Betfred’s new customer offer page.
2. Sign up to a Betfred account by choosing a username, password, security question etc.
3. After selecting your currency, you can click on Add a Bonus Code.
4. Enter the Betfred Bonus Code (code automatically entered through this article).
5. Free bets become available after the first £10 bet is settled.

Betfred new customer offer terms and conditions

• New Betfred.com or Betfred app customers only.
• The promotion is only available to new customers, aged 18 or over, from the UK (excluding Northern Ireland) from June 6, 2022 until terminated by Betfred.
• Customers must register using the promo code TELE40, deposit and place first bet of £10 or more on Sports.

Qualification

• Customer’s first bet must be placed at a cumulative price of evens (2.0) or greater. Any bet type will qualify but must have a total stake of at least £10.
• Customers must deposit and bet a minimum of £10 in one bet transaction at odds of even or greater. For example, two £5 single bets of evens or greater will not qualify as they are two separate bet transactions.
• Customer’s first bet must be settled within seven days of registration in order to qualify for the promotion.
• Customer’s first bet must be placed on Sportsbook markets. (Totepool, Games, Casino, Numbers, Lotto, Virtual, Poker and Bingo do not qualify).
• Cashed out bets do not count towards this offer.
• Non-runners and/or bets made void do not qualify as valid bets for the first Sportsbook bet.

Crediting

• In most cases, the bonuses (£30 in free bets and 50 free spins) will be credited to the customer’s account within 10 hours of the qualifying bet being settled. However, bonus payments may be delayed should further account validation be needed.
• £30 in free bets can be used on any sportsbook markets.
• The £30 in free bets are valid for seven days after issue. Any free bet amount left unused after seven days will be removed.
• Free bet stakes are not included in any returns and are non-withdrawable.
• The 50 free spins can only be used on the following titles at Betfred Games: Eye of Horus, Eye of Horus Megaways, Fishin’ Frenzy, Fishin’ Frenzy Megaways
• To claim the 50 free spins a customer must open a qualifying game. The 50 Free spins have a value of £0.20 per spin (total value £10). Free spins cannot be exchanged for cash. Once activated the free spins will need to be played through manually.
• Any winnings from the free spins will be paid into the customer’s cash balance.
• Once credited the free spins are valid for seven days. Any free spins not used after seven days will expire.

General Terms

• One welcome offer per address/IP address/device or mobile number. Previous account holders are not eligible for the offer. Anyone opening a Betfred.com account that has previously held an account with us that is closed does not qualify for the offer.
• Only one welcome offer per new customer.
• Customers depositing using prepaid Visas and Mastercards, or e-wallets will not qualify for this promotion.
• Customers may be required to confirm their participation by responding to an automated SMS validation process via a SMS message. Validation must be completed within seven days of the first bet being settled. The bonuses will be credited within 24 hours of SMS validation taking place.
• Betfred.com reserves the right to withhold the rewarding of any free bet payment if a customer’s identity cannot be verified using our standard checks or, if we have reasonable grounds to believe that the account holder is not the person who has created the account or is operating the account. In these cases, Betfred may request a valid government issued photo identity (passport/full driving licence) and proof of address (bank statement/utility bill) dated within the last three months, along with a photo of yourself holding a passport or full driving licence so that you can be clearly identified alongside your photo ID (a selfie). Failure to satisfy verification of your identity will result in the non-payment of your bonus.
• Betfred reserves the right to withdraw the promotion, if required, for reasons beyond our control, such as system failures or supplier withdrawal (not exhaustive). In the instance that this happens, we will endeavour to communicate any withdrawal in a timely manner.
• These terms and conditions are additional to and operate in conjunction with the general Betfred Terms and Conditions.
• Gamble responsibly. For more info visit www.begambleaware.org or telephone Freephone helpline: 0808 8020 133

Betfred promotions

Betfred has a number of promotions and giveaways available for new and existing customers listed here.

• Betfred Pick Your Punt
• Double Delight/Hat-Trick Heaven
• Horse Racing – Extra Place Races
• Betfred Free Bet if 2nd
• Betfred Best Odds Guaranteed
• Betfred All Correct Bonuses
• Betfred One Winners Bonus

Betfred new customer offer review

Betfred is synonymous with the online betting industry as it has been present on the high street and online for a number of years.

The Betfred sign-up offer is fantastic when it comes to the ease of claiming it. It’s as simple as signing up for a new account and entering the promo code when doing so.

It is easy to understand the mechanics of the Betfred sign-up offer, which is to bet £10 on one of Betfred’s vast sportsbook at evens or above, and you will then be credited with £40 worth of bonuses. You can use the free bets on many popular Betfred markets, such as football, horse racing, boxing and rugby league.

One important factor to take a note of is that there is a time limit on the bonus funds in question, which means you have to use them within a week (seven days). This will often be the case with the majority of bookmakers and gives you a sufficient amount of time to use/play with the offer.

One aspect that can be slightly frustrating is waiting up to 48 hours for Betfred to credit the bonus funds to your account, so you must plan when to set up the account to get the free bets if you want to use them for specific events.

Once your bets are settled you can withdraw the winnings – and all in all the Betfred offer is good for customers looking for a simple but valuable welcome opportunity.