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.
Verified on 29 April 2024
Here are some highlighted Betfred bonuses:
| BETFRED BONUS OFFER | PROMOTION DETAILS |
|---|---|
| 100% First Deposit Match | R5 000 First Deposit Match |
| Bonus Code | FREDMAX |
| Soccer Bet Insurance | Win up to 10x of your stake back |
| Multiple Boost | 30% boost by combining multiple results in one bet slip |
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:
- Visit the Betfred website on your mobile device or computer browser.
- Click ‘Join’ on the top right corner of the homepage. Provide your phone number in the ‘Create an Account’ pop-up and click ‘Send Code.’
- Input the verification code you received via SMS on your mobile.
- After confirming your phone number, complete the registration form. You will need to submit your name and email address and create a password.
- Input the Betfred promo code FREDMAX in the designated field and mark the box to confirm you agree with Betfred’s terms and conditions.
- Finally, click ‘Create Account’ to complete the registration process.
- You have now completed your registration process. Go to the deposit page to make your first minimum deposit to get a 100% deposit match.
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.
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.
- The first step is to log in to your Betfred account on the website.
- Once you are in, navigate to the top left-hand corner of the website and click ‘Deposit.’
- The resulting ‘Deposit Request’ popup shows the deposit methods available.
- Next, choose your preferred deposit method. Then, select the deposit type you want to use and input the amount you want to deposit.
- Follow the prompt on the resulting page and click ‘Submit’ to complete the process.
- 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:
- Instant ETF, OTT Voucher, 1Voucher, and BluVoucher
- In Store
- OZOW Instant EFT
- Peach credit card deposits
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.
Sports and Betting Markets
Betfred offers an extensive range of sports and betting markets. We found over 25 different sports on the platform. These include popular options like soccer, basketball, boxing, golf, tennis, rugby, and cricket. There are also less popular sports like ice hockey, snooker, water polo, alpine skiing, and bandy.
Betfred offers access to major global sports competitions like the Premier League and NBA, with diverse betting markets such as 1×2 and Handicap. Explore dedicated sections for Horse Racing and Greyhounds, covering races in the UK, US, and South Africa.
Live Betting
The live betting or in-play feature on any sportsbook allows its customers to place bets on events that are in progress. Betfred offers live betting options and features.
Explore the in-play betting section on Betfred via ‘In Play’ on mobile or ‘Live Sports’ on desktop. Comprehensive coverage includes football, snooker, volleyball, darts, and cricket. Game progress tracking is available on both Betfred’s mobile and desktop sites.
Promotions
Like most top sportsbooks out there, Betfred is big on promotions. The platform welcomes its first-time users with a 100% deposit bonus. This can go as high as R5,000.
Beyond the welcome bonus, Betfred offers various promotions across sports and games. For example, the Multiple Boost provides a 30% bonus on bets with multiple results. Explore additional promotions for horse racing enthusiasts. Each offer has specific requirements, so it’s advisable to review them before claiming your winnings.
Mobile Site
Betfred is one of the few betting platforms in the country that can be used on mobile devices. Despite the absence of a Betfred app, customers can still access the betting platform on their iOS and Android devices.
Using the mobile site is convenient. You can quickly sign up, use your Betfred promo code, and place bets faster. All the features are there for easy betting, transactions, and claiming bonuses. Live betting is also available for in-play wagers on your favourite sports.
Payment Methods
Bookies are commonly assessed by the deposit and withdrawal methods they offer. Punters always look out for platforms offering multiple effective payment methods. The goal is to make deposits and withdraw winnings as smoothly as possible.
At Betfred, you have different payment options to pick what suits you best. Deposits and withdrawals are easy, and there’s no charge. Keep in mind that the time it takes for transactions can vary depending on the method you choose. These features are designed to make Betfred enjoyable for both current and new users.
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 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.
FAQ
The Betfred promo code is FREDMAX. New users must use it during registration to claim the platform’s 100% first deposit match bonus.
The Betfred first deposit bonus gives new users a 100% match on their initial deposit, up to R5,000. Simply use the Betfred promo code during registration to unlock this bonus.
Certainly, Betfred is legally accessible to South African bettors aged 18 and above. The platform is licensed by the Mpumalanga Economic Regulator, adhering to gambling legislation and laws. Betfred prioritizes safety by employing robust SSL encryption to protect user data and financial information.
