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Updated:
06/05/2024
Deposits & Withdrawals:
Betfred is one of the oldest betting companies in the world. It was founded in 1967 but only started operating in South Africa in 2021. Betfred has used its experience to make giant strides in this short period, and it’s popular with local punters. Betfred has one of the largest welcome bonuses and an extensive sportsbook comprising over 30 sports.
Betfred also offers a comprehensive selection of live games, including Betgames, Lucky Numbers, Vegas table games, and slot games. In this review, we’ll cover everything from the registration process to making a deposit and placing a bet.
| ✅ Pros | ❌ Cons |
|---|---|
| Excellent welcome bonus | No mobile app |
| Wide selection of sports and casino games | Limited live streaming options |
| Extensive live betting and cash-out feature |
Betfred Registration
In order to get started with Betfred, you need to first create an account. We found that is one of the more straightforward registration processes that players will come across in the South African betting market. Here’s a step-by-step guide to completing the Betfred registration process:
- First, visit the Betfred site and click on the Join button located at the top right corner of the homepage.
- Enter your mobile number to receive an OTP and input it before filling in your personal details.
- Enter the Betfred promo code FREDMAX in the designated field and accept the terms and conditions.
- Lastly, click on Create Account to finalise the registration process.
It is important to note that your FICA verification must be completed after you complete your registration.
Welcome Bonus
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South AfricaBetfred has one of the largest Welcome Bonuses in South Africa. They will match the first deposit of the new player up to R5,000. Our research shows that the following are the main terms and conditions of the bonus.
How to Claim the Bonus
Claiming the Betfred promo code is super easy, even if you are new to betting. Follow this step-by-step guide to claim the Betfred bonus.
- Log onto the Betfred website and click on the Red Join button at the top right of the screen.
- Enter your mobile number to receive an OTP pin.
- Enter the OTP pin to proceed with the registration.
- Complete the registration form by filling in your personal details.
- Make certain to enter the code FREDMAX in the promo code box.
- Once your registration is complete, you can make your first deposit and claim your bonus up to R5,000.
Terms and Conditions of Welcome Bonus
- Only your first deposit will count for this offer.
- You’ll get a bonus that matches the amount of your first deposit up to a maximum of R5,000.
- If multiple accounts are registered from the same place, with the same contact details, or from the same internet connection, only one bonus will be given.
- You’ll receive your bonus within 2 hours of making your first deposit.
- If you have any questions, email [email protected] with your account ID and “First Deposit Match Bonus” in the email subject line.
Wagering Requirements
These are the wagering requirements for the welcome bonus:
- You must wager the bonus funds five times over on odds of 1/1 or higher.
- You can only use bonus money for single bets, not for multiple bets.
- The most you can win from a bet made with bonus money is R15,000.
- Bonus money can only be used for certain types of bets: pre-match sports, keno max, big 20, greyhounds, horse racing, and lucky numbers.
- If the bonus funds are not transferred to your main wallet within seven days, it will expire.
Our expert opinion on the Betfred Welcome bonus is that it is one of the easier bonuses to access. The wagering requirements of five times the bonus amount seem a little on the high side. The minimum odds of 1/1 is also relatively low. Overall, our assessment of the bonus is that it has some of the easier terms and conditions. The wagering requirements are also very fair to players.
Other Promotions
Here are some of the other promotions that are available for players on the Betfred site:
| Betfred Promotion | Promotion Details |
|---|---|
| Soccer Bet Insurance | Get up to R10 times your stake back |
| Freds Daily Boost | Receive an odds boost on selected soccer matches |
| Sunday Sport cash back | Get back 10% of your weekly losses |
| Multibet bonus up to 30% | Get an odds boost on your multi-bet up to 30% |
Betfred Features
After completing our investigations, it is clear that Betfred is among the best betting sites, with its promotions and excellent features. We will take a more detailed look at some of these features.
There are hundreds of live betting options on the Betfred site every day. This feature allows punters to bet on various sports while the match is in progress. There is currently no live streaming on the site, but you follow the action with the Betfred Live Tracker, which provides real-time updates of scores.
Betfred has the Cash Out feature that allows players to cash out their bet slip before or during the course of the match. This can be done to minimise losses or to take the return you already have.
Betfred has a Statistics page that you can check out before placing your bets. There are stats for all the various sports, which will help you fill in the form. It also has the past results of your favourite teams and players.
Betfred Sportsbook Overview
Betfred has one of the most extensive sportsbooks in South Africa, with over 30 sports available to bet on. We will examine some of the factors that make Betfred one of the best sports betting sites in the country.
Betting Markets
There are hundreds of different betting markets in a single football match on the Betfred site. Some of the most popular bets are:
- Match result (1×2)
- Double chance
- Over/Under goals
- Correct Score
- First Goalscore/Anytime Goalscorer
- Half-Time/Full-Time result
Odds
Betfred offers very competitive odds on all major sports, including football, rugby, cricket, and horse racing. They also have a daily Price Boost, where the odds on selected matches are boosted for you. Horse racing is hugely popular in South Africa, and Betfred has some of the best odds on this sport.
Virtual Sports
Our investigations on the Betfred site have revealed that this bookie does not currently offer Virtual Sports. The moment the situation changes, we will bring you the details. ç
Esports
Betfred does offer esports but their selections of games are very limited. You can only play League of Legends and Counterstrike at this stage.
Betfred Casino Overview
Betfred has an extensive selection of live casino games. We have thoroughly researched each bookie, and Betfred is among the best betting sites with regard to their live casino games. We will be discussing the details of the Betfred casino in more detail:
Casino Games
The obvious stand-out feature of the Betfred casino is the sheer number of games available for punters. Betfred offers a wide variety of popular casino games, catering to players with different preferences and skill levels. Here’s a brief overview of the mentioned games:
- Roulette
- Blackjack
- Baccarat
- Poker
- Slot games
Aviator
The online Aviator crash game that has taken the betting world by storm is now available at Betfred. Players need to bet on a virtual plane before it takes off. The longer the plane stays up, the higher the payout. However, players must take their winnings before the plane flies away.
Lucky Numbers
Betfred has the ever popular Lucky Number game available on their site. Lucky Numbers is a simple way to bet on the outcomes of various international lottery markets. Once you have a registered account with Betfred, you can access a wide range of these markets.
Lucky Numbers allows players in South Africa to now enjoy betting on lotteries from around the world. Results are available daily, so there’s always a new draw to participate in. It offers a refreshing break from sports betting and introduces a new and exciting way to play.
Mobile App
Betfred is among the increasing number of South African bookies that don’t offer a dedicated mobile app. However, their mobile version is fantastic and better than some of the betting apps we have tested. The best part is that you don’t need to download anything.
Simply access the site through your mobile browser and bookmark it for easy access. The mobile version is speedy and includes all the features of the main site. You can also access all the promotional offers as well. The mobile version works seamlessly on both Android and iOS devices.
You can find out more about the Betfred mobile website in our dedicated guide.
| Operating System | Android/APK | iOS |
|---|---|---|
| Compatibility | Yes | Yes |
| Software Version | 5.1 or higher | N/A |
| File Size | N/A | N/A |
| Download Link | Get the Betfred Android App | Get the Betfred iOS App |
Payment Methods
Betfred has a plethora of deposit methods on its site. All the most popular methods are covered by Betfred and we will be looking at these options in more detail.
Deposit Options
Here are the most popular deposit options offered by Betfred:
This has become the most popular option for players that have a banking app. The funds are instantly credited to your account and there are minimal fees attached (under R1).
This form of deposit has grown massively in recent years as betting vouchers like 1voucher and OTT have become available at hundreds of retail stores across the country. The funds are instantly credited to your account and no banking details are divulged when purchasing the vouchers. Punters in rural areas use this method as many of them don’t have bank accounts.
The traditional bank transfer method is also available at Betfred. The method can take anything from a few minutes to up to 24 hours to reflect in your betting account. It depends on the bank that you are using. This method has become less popular in recent times.
Players can also make deposits at any of the Betfred retail shops around the country. This method of deposit is instantly credited to your account.
Our expert opinion is that Betfred has ample deposit options, and, importantly, they offer the most popular methods.
Withdrawal Options
Betfred has the following methods that you can use to make a withdrawal.
Bank transfers remain the most popular withdrawal method, and it can take up to 24 hours for you to receive your winnings.
You can withdraw your winnings at any Betfred retail shop but it depends on the store having enough cash at that time.
This is Betfred’s newest withdrawal method. It is processed immediately, and you can pick up your cash at any Shoprite store. You can also use your credit to buy groceries at Shoprite stores nationwide.
We have concluded that Betfred has sufficient withdrawal options but they should look at adding the FNB Ewallet and Standard Bank Instant Cash options.
Payout Speed
The Voucher withdrawal is set to become the most popular withdrawal method as it is instant and is easily available at Shoprite stores.
Security and Safety
Like all other legal betting sites, Betfred must abide by the laws governing online betting sites. They must verify the details of the new player through the FICA verification process. You will need to submit a copy of your ID or passport and proof of address not older than three months. Your account must be FICA-verified before you can attempt a withdrawal.
Legality
We have confirmed that Betfred is a fully legal betting site. They hold a licence from the Mpumalanga Economic Regulator. All your information is protected by firewalls and encryption software. You can bet on Betfred with peace of mind, as it is a totally legit betting site.
Betfred vs The Rest
We have conducted research on all bookies in South Africa and decided to compare them with Betfred. This will allow you to make an informed decision about the best betting site in the country.
| Bookmakers | ✅ Pros | ❌ Cons |
|---|---|---|
| Betfred | Excellent welcome offer Multitude of promotions Simplified registration process | Poor customer support No mobile app No virtual sports |
| Betway | Highly recognised brand Mobile app for Android and iOS Wide selection of sports and casino games | Limited promotion on site Difficult to access welcome bonus |
| Hollywoodbets | Largest betting site in SA No deposit welcome bonus Great selections of promotions | No mobile app Delayed customer service Low welcome bonus |
| Supabets | Large welcome bonus package Wide range of sports and live games Super-fast withdrawals | Limited hours for customer service Outdated site No mobile app |
| Lulabet | User-friendly interface Wide range of live betting options | No horse racing Low deposit bonus Limited hours for customer service |
| WSB | Largest welcome offer in SA Extensive sportsbook and casino Multitude of promotions | No mobile app Delays in bet results being shown |
Customer Service
Betfred has plenty of positives, but unfortunately, its customer support is not one of them. They can be contacted through their Live Chat feature, telephonic support, and email. We tried using the Live Chat and were not assisted, as the message “Still Finding you an Agent” was displayed. Their telephonic support was much better, but there are limited times that they are available. Our query was eventually resolved by the agent.
The Betfred support team is in place to assist you with any query ranging from deposits to withdrawals and the explanation of some of the promotions. The Betfred support team can be contacted through the following channels:
💬
Betfredlive chat:
Live chat is available 24/7
✉️
Betfredemail:
📞
Betfredphone:
087 095 8862 (7:00 am – 21:00 pm)
What Could be Improved?
After conducting thorough research on betting sites in South Africa, we have concluded that Betfred is one of the best. However, there are some aspects that they can improve. Let’s examine these factors more thoroughly.
Mobile App
Most punters use their smartphones and tablets for online betting. Betfred needs to develop a dedicated mobile app that will attract and retain more mobile users.
Customer Support
Betfred needs a serious review of its customer support. Offering responsive customer support channels, including better live chat, email, and phone support can help punters resolve issues quickly and efficiently. It will prevent players from getting frustrated when they need help the most.
By focusing on these areas and continuously striving for improvement, Betfred can enhance the user experience, attract new users, and create brand loyalty.
FAQ
Yes, Betfred is an international bookie that recently joined the South African betting market for local punters to bet on.
Yes, they are a legal betting site and are licensed by the Mpumalanga Economic Regulator.
Yes, the cash-out feature is available at Betfred.
