Betfred Promo Code FREDMAX (September 2024)

New players can use the Betfred promo code FREDMAX when signing up and claim a 100% welcome bonus of up to R5,000 on their first deposit.

Here are some highlighted Betfred bonuses:

In addition to the welcome bonus, Betfred offers many other promotions, including horse racing bonuses. Some of these can be seasonal, depending on the time of the year. 

Each of these promotions tends to have its own set of terms and conditions. Users must meet the T&Cs to ensure they get the full reward from these offers.

How to Claim the Betfred Bonus

We found that it is easy to claim the Betfred bonus and our step-by-step guide will help you through the process. You can find it below:

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1. Visit the Betfred website on your mobile device or computer browser and Click ‘Join’ on the top right corner of the homepage.

2. Provide your phone number in the ‘Create an Account’ pop-up and click ‘Send Code.’ before inputting the verification code you received via SMS on your mobile.

3. After confirming your phone number, complete the registration form. You will need to submit your name and email address and create a password.

4. Input the Betfred promo code FREDMAX in the designated field and mark the box to confirm you agree with Betfred’s terms and conditions.

5. Finally, click ‘Create Account’ to complete the registration process.

6. You have now completed your registration process. Go to the deposit page to make your first minimum deposit to get a 100% deposit match.

Go to Betfred

Betfred Bonus Details

After researching many South African sportsbooks, we can confirm that Betfred offers a competitive welcome bonus. Every first-time user qualifies for a 100% welcome bonus on their first deposit.  

For example, if your first deposit is R1,000, you get an extra R1,000 in your bonus wallet. Similarly, if your first deposit is R2,000, Betfred deposits R2,000 in your bonus wallet. This could go as high as R5,000.  

It is important to mention that this offer is only claimable once for every new user. You must meet the terms and conditions of the offer to get it.  

Bonus T&Cs  

Betfred expects new punters to satisfy specific requirements to get their welcome bonus. Users must also fulfil the wagering requirements before withdrawing the bonus they have won.   

You can find the terms and conditions below:

• Only new users without a Betfred account may qualify for the first deposit match bonus. 
• You must not be less than 18 years old and must also be a resident of South Africa. 
• Only the user’s first deposit qualifies for the promo. 
• The transfer may not be immediate, sometimes taking up to 2 hours. 
• You can only use the bonus funds to bet on certain sports and events. These include pre-match, keno max, horse racing, greyhounds, lucky numbers, and big 20.
• You must roll over the bonus funds five times on odds of 15/10 or higher. Multiple bets are not allowed. 
• The maximum win from the single bets made using the bonus is R15,000.
• Betfred expects that you play through your initial deposits before any bonus funds can be withdrawn. 
• The bonus is capped at R5,000. It is claimable only once after completing your FICA verification. 

Wagering Requirements 

As mentioned earlier, Betfred expects users to meet specific wagering requirements to access the deposit bonus.  The condition here is simple. The bonus funds must be rolled over five times at a minimum odds of 15/10.  

Note that the bonus must be transferred to the main wallet within seven days. Betfred may retrieve the offer if the time lapses. Therefore, it is vital to get things moving quickly.  

You may reach out to Betfred support via email if you encounter any problems during the process.  

Bonus T&Cs Explained

The Betfred promo code FREDMAX enables players to claim a R5,000 first-deposit match bonus after meeting all the requirements. The betting site matches 100% of your first deposit as a bonus. 

So, let’s say you make a first deposit of R2000; you will get a R2,000 bonus. The betting site will allocate your bonus within 2 hours of depositing.

You cannot withdraw the bonus until you’ve met the wagering requirements. Also, you must roll the offer received over five times at odds of 1/1 or more before being eligible for withdrawals. You may also use the bonus to bet on multiple bets, but each selection must have odds of 1/4 or higher.

Our findings revealed that the stake amount will not be included in the winnings. Players can only claim a maximum winnings of R15,000 when they wager using the bonus.

Players can use the bonus to bet on horse racing, greyhounds, lucky numbers, big 20, keno max, and pre-match sports. Bets on single numbers or bonus/Powerball lucky numbers are not eligible.

We’ve also discovered that players must use the bonus within seven days of receipt. Also, you must wager your initial deposit before withdrawing any bonus funds.

How to Make a First Deposit 

An important condition to meet so you can claim the Betfred welcome bonus is to make a first deposit. Another is using the Betfred promo code during registration.

1. The first step is to log in to your Betfred account on the website. 
2. Once you are in, navigate to the top left-hand corner of the website and click ‘Deposit.’ 
3. The resulting ‘Deposit Request’ popup shows the deposit methods available. 
4. Next, choose your preferred deposit method. Then, select the deposit type you want to use and input the amount you want to deposit.
5. Follow the prompt on the resulting page and click ‘Submit’ to complete the process.
6. If you are using a voucher, input the voucher code and mobile number and click ‘Submit.’

Here is a list of the available payment methods:

• Peach credit card deposits
• Instant ETF, OTT Voucher, 1Voucher, and BluVoucher
• In Store
• OZOW Instant EFT

Reasons to Register with Betfred

We took a deep dive into the Betfred site to find out what they have to offer to help you decide if you want to sign up for an account with this sportsbook.

Betfred vs Hollywoodbets 

Betfred and Hollywoodbets are favourites among punters in the country. We compared both and found similarities and differences in their offers and services.  

The first difference lies in the welcome bonus. Betfred offers a 100% bonus up to R5,000 on the first deposit when using the Betfred promo code. Hollywoodbets offers new users an R25 bonus and 50 free spins. 

The welcome offer on Hollywoodbets comes with no additional conditions. Only a successful signup is required. In contrast, Betfred requires you to make a first deposit to get the bonus.  

The wagering requirements also differ with both sportsbooks. We rate the Hollywoodbets wagering requirements as easier to fulfil than those of Betfred. However, Betfred’s bonus is higher than Hollywoodbets’.  

Betfred vs Betway 

Our experts further compared Betfred with another leading bookmaker in the market, Betway. Users get a welcome bonus offer from both bookies. However, in both cases, you must sign up and make your first deposit to access it. 

Betfred offers a higher welcome bonus than Betway. The Betway welcome bonus is capped at R1,000 for sports. Betfred offers up to R5,000 + 500 free spins in comparison.

Furthermore, we found that Betway requires players to wager their first deposit 3 times to unlock their bonus. This is more relaxed than Betfred’s requirement of 5x wagering.  

Betfred vs Supabets

We have thoroughly researched each bookie to see how they stack against each other. Our findings showed that new users on Supabet get an automatic R50 sports bonus and 100 free spins. On the other hand, Betfred presents a much better offer of R5,000 after making the first deposit.  

Let’s also talk about the wagering requirements. The Betfred wagering requirement for the welcome bonus stands at 5x. This is slightly higher than Supabets’ 3x for its R50 welcome bonus. 

No promo code is required for the Supabets promo R50 sign up bonus and 100 free spins. However, you can only get the 100% first deposit bonus using the Betfred promo code during registration.  

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