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BetFred Promo Code: New Sportsbook Users Get a $105 No Sweat Bet

Chris Lollis
Written by:
Last Updated: May 1st, 2024

Our new BetFred promo code offer includes a $105 No Sweat Bet! With this promotion, new players will receive their first bet back if it doesn't win. This exclusive promotion will run through the end of May 2024.

$105 No Sweat Bet
Win or Get Your Bet Back
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA).

BetFred Sportsbook: Quick Facts

  • New sportsbook offer includes a $105 'No Sweat First Bet' - win or get your first bet back.
  • The welcome offer pays back your losses as bonus bets that are credited to your BetFred account.
  • Founded in 1967, BetFred is one of the oldest sportsbook operators.
  • The BetFred mobile app is available for Apple and Android users.
  • BetFred Sportsbook is currently available in AZ, CO, IA, LA, MD, NV, OH, PA, and VA.
BetFred Sportsbook Bonus Offer

Details for Our BetFred Promo Code Offer

While BetFred Sports is immensely popular in Europe, they are relatively new to the US market. However, BetFred's popularity and reach continue to grow, and the app is now available in 6 U.S. betting markets, including Arizona, Colorado, Iowa, Louisiana, Nevada, Ohio, and Pennsylvania.

New players in these six states can sign up using our BetFred promo code and receive $105 in second chance bets if your first bet loses. You don't need a promo code to take advantage of this promotion. Follow these three steps and lock in your $105 in bonus bets today:

  1. Sign up with BetFred Sportsbook through the offer's landing page and deposit $10 or more.
  2. Place your first wager on any game with minimum odds of -200 or better (a -210 moneyline wager would NOT qualify).
  3. Get up to $105 in bonus bets if your first bet loses.

Review the full terms for this offer and take a moment to familiarize yourself with the house rules prior to placing your first wager. Only one offer per household and you must be 21+ to wager.

Online SportsbookBetFred Sportsbook
Promo CodeNo code needed, follow link for offer.
Bonus Offer$105 No Sweat First Bet
How to RedeemPlace a $10+ wager and get your bet back if it loses.
StatesAZ, CO, IA, LA, MD, NV, OH, PA, VA
Last VerifiedMay 1, 2024

This is our top-rated bonus offer available from an online sportsbook this May. The only downside is BetFred is only available in 6 markets, while sportsbooks like DraftKings and FanDuel are available in as many as 17, and even new operator Fanatics Sportsbook is available in 12 states.

That being said, BetFred received approval to launch in Ohio when sports betting went live in the Buckeye State on January 1, 2023. Ohio bettors can track every Ohio sportsbook to see how the current BetFred promo code offer compares to other sportsbooks expected to launch in the state.

BetFred Promotions Available in App

Top BetFred Sports Promo Code Offers by State

While our current BetFred promotion is live in every betting market the app is currently available, the sportsbook will occasionally offer exclusive promotions to certain markets. In the past, BetFred has featured exclusive offers to new players in Colorado, Iowa, and Arizona.

BetFred Sportsbook Colorado Bonus Offer

BetFred Sports launched in Colorado in September of 2020 and has our top-rated Colorado sportsbook bonus this May. New players can sign up through the link at the top of this page to lock in the maximum bonus.

With Russell Wilson arriving in Denver, CO football fans have plenty to look forward to this season. If you are new to sports betting, or just new to BetFred, the current $250 bonus offer is a great way to kick off the NFL season!

BetFred Sportsbook Arizona Bonus Offer

With arguably the most active sports betting market in the U.S., bettors in Arizona seem to have all the luck, and that carries over to BetFred Sports promotions. BetFred always makes their top offer available to new AZ players.

While both Arizona and Arizona State look like they are rebuilding, the Cardinals are set to be one of the better teams in the NFL this season. While BetFred does not have a retail sportsbook in AZ, bettors can play online anywhere through the mobile app.

BetFred Sportsbook Iowa Bonus Offer

BetFred Sports is well aware of the importance of college football in the state of Iowa and has a number of promo code offers to get the casual IA sports fan on board. New players who join BetFred Sportsbook can take advantage of our featured offer when they place any $50 college football wager.

The Iowa Hawkeyes ended up going 7-5 this season but will at least get a bowl bid. A $50 wager on the Hawkeyes would count as your required bet to lock in our deposit bonus offer.

How Does the BetFred Bonus Compare to Other Sportsbooks?

BetFred has a history of great promotions, which includes offering new players $250 in bonus bets at the start of the last NFL season. This was the best promo code offer from any sportsbook last season.

However, the current offer is one of the lowest-rated promotions in the industry. New players prefer bonus bets to second-chance wagers, and BetFred's $105 second-chance bet is by far the smallest available this May.

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Where is BetFred Legal in the US  

Where is BetFred Available?

BetFred currently offers online sports betting in Arizona, Colorado, Iowa, and Pennsylvania. Additionally, they offer betting at retail sportsbook locations in Nevada and Washington and are expected to launch in Louisiana and Ohio sometime during the 2022 NFL season. With new states like Massachusetts legalizing online sports betting we think they might make a run for that market as well. Here is an overview of where it is legal to bet using BetFred Sportsbook in the U.S.

BetFred Arizona

BetFred launched in Arizona earlier this year, and has been one of the fastest-growing sportsbooks in the state ever since. The AZ promo code offer includes $250 in free bets, which is the most among all Arizona Sportsbooks. In addition to online betting, the BetFred Sportsbook at We-Ko-Pa Casino opened in Fort McDowell in September and offers live betting, 4K televisions, and great food and drinks.

  • Launch Date: February 2022
  • Online/Mobile Betting: Yes
  • Land-Based Partner: We-Ko-Pa Casino
  • Retail Sportsbook: 10438 Wekopa Way, Fort McDowell, AZ 85264
  • BetFred AZ Bonus Offer: $105 Bet on Fred

BetFred Colorado

BetFred offers online, mobile, and retail sports betting in the state of Colorado. While we love the retail sportsbook (located in Black Hawk), new players should register online first and take advantage of the $250 bonus offer. This is currently our top-rated Colorado sportsbook bonus offer.

  • Launch Date: September 2020
  • Online/Mobile Betting: Yes
  • Land-Based Partner: Saratoga Black Hawk Casino
  • Retail Sportsbook: 101 Main Street, Black Hawk, CO
  • BetFred AZ Bonus Offer: Bet $50, Get $250 in Free Bets

BetFred Iowa

Thanks to state legislators setting up an operator-friendly environment, and an avid base of sports fans, Iowa bettors have a ton of sportsbooks to choose from. At the moment, BetFred Sportsbook has our top-rated offer amongst all Iowa sportsbooks, and the overall betting experience is on par with industry-leaders DraftKings and FanDuel.

  • Launch Date: February 2020
  • Online/Mobile Betting: Yes
  • Land-Based Partner: Grand Falls Casino
  • Retail Sportsbook: 1415 Grand Falls Blvd, Larchwood, IA 51241
  • BetFred AZ Bonus Offer: Bet $50, Get $250 in Bonus Bets

BetFred Louisiana

BetFred is approved to offer online and mobile betting in Louisiana, but, at the moment, only offer betting through their retail location at the Paragon Casino Resort. We reached out to the team at BetFred Sportsbook and were told the app would launch in Louisiana in the coming weeks. Once live, bettors will be able to sign up to receive $250 in free bets with any $50 wager.

  • Launch Date: Pending
  • Online/Mobile Betting: Yes
  • Land-Based Partner: Paragon Casino Resort
  • Retail Sportsbook: 711 Paragon Pl, Marksville, LA 71351
  • BetFred AZ Bonus Offer: $105 Bet on Fred

BetFred Nevada

BetFred Sportsbook has been working on obtaining its license in Nevada for nearly two years. Once ready, the sportsbook plans to open a retail location at the Mohegan Sun. While Nevada still requires in-person registration for all sportsbooks, legislation is pending to repeal that requirement and open up mobile registration in the state.

  • Launch Date: Pending NV License
  • Online/Mobile Betting: Yes
  • Land-Based Partner: Mohegan Sun
  • Retail Sportsbook: 4455 Paradise Rd, Las Vegas, NV 89169
  • BetFred AZ Bonus Offer: In-Person Registration Required

BetFred Ohio

Following the launch of legal sports betting in Kansas, Ohio appears to be the next state up here in the U.S. BetFred already holds an Ohio license, and appears to be ready to launch in the state as soon as they get the green light from the Ohio Casino Control Commission. BetFred was recently named the official betting partner of the Cincinnati Bengals, opening the door to a possible retail location at Paycor Stadium.

  • Launch Date: Pending
  • Online/Mobile Betting: Yes
  • Land-Based Partner: Cincinnati Bengals
  • Retail Sportsbook: Plans to open a sportsbook location at Paycor Stadium.
  • BetFred OH Bonus Offer: Bet $50, Get $250 in Bonus Bets (Pending Launch)

BetFred Pennsylvania

BetFred's iconic sportsbook first launched in PA in November of 2020. Given sports betting has been legal in Pennsylvania for over three years, there is plenty of competition in the state. However, thanks to our top-rated PA bonus offer, BetFred remains one of our highest-rated sports betting apps in the state.

  • Launch Date: November 2020
  • Online/Mobile Betting: Yes
  • Land-Based Partner: Wind Creek Casino
  • Retail Sportsbook: 77 Wind Creek Blvd, Bethlehem, PA 18015
  • BetFred AZ Bonus Offer: $105 Bet on Fred

BetFred Washington

BetFred opened its first retail sportsbook in Washington state in September of this year. Warren Moon placed the first wager at the new sportsbook, which is located at the Silver Reef Casino Resort in Ferndale. Mobile and online betting are only allowed when you are on casino grounds in the state of Washington.

  • Launch Date: September 2022
  • Online/Mobile Betting: No
  • Land-Based Partner: Silver Reef Casino Resort
  • Retail Sportsbook: 4876 Haxton Way, Ferndale, WA 98248
  • BetFred WA Bonus Offer: In-person only, no online sign up bonus available.

BetFred Promo Terms and Conditions

Terms for the Current BetFred Promo Code Offer

The terms for this offer are relatively straightforward. If you live in a state where the BetFred Sports app is available and are at least 21 years old, you are eligible for this promotion.

Our favorite feature for this offer can be used on any wager with odds of -200 or better. This allows you to bet a heavy favorite's moneyline (-200 or better), likely win your $50 bet and get $250 in free bets.

Assuming you deposit $50 and place a $50 bet at -200 odds, your account balance would be $75, and you would have $250 in free bets available. This makes it easy to build a bankroll with your new BetFred sportsbook account.

Important terms for the bet $50, get $250 offer: You may use only one BetFred bonus code offer and can not combine promotions. Your free bets are credited to your account within 72 hours of when your $50 bet settles, and the $250 in free bets expire after seven days. These bets have no cash value, but anything you win with them is yours to keep.

Promotions Offered By BetFred for Existing Customers

The BetFred Sportsbook promo code offers are just the tip of the iceberg as far as promotions available in the app are concerned. BetFred works to keep its existing player base happy by running tons of ongoing promos throughout the year. Here’s a list of some of the promotions and bonuses they are currently running:

  • BetFred Boosts - Odds boosts are slowly becoming all the rage at many sportsbooks in the US. With the BetFred Boosts, they select a few games each day and boost the odds on them. All sports bettors have to do is click the Today's Boosts button to see what is offered on that specific day.
  • Same Game Parlay - BetFred is aware that same game parlays are getting more and more desirable amongst gamblers! That's why they offer incredible betting odds for their NFL and CFB same game parlays. In addition to favorable odds, players can take advantage of parlay insurance on these wagers and get a portion of their stake back if they lose.
  • Player Rewards - There are several ways for current BetFred players to earn either free cash or free bets, including player rewards and a refer-a-friend program. Both programs can be accessed and tracked through your account on the website or BetFred sports app.

We're impressed with the number of existing promotions that BetFred offers. While most sportsbooks offer excellent welcome bonuses, few strive as hard as BetFred to keep their current bettors satisfied.

This is evident with the variety of promo code offers available for the 2022 NFL season. The current welcome offer at BetFred Sportsbook is our top-rated promotion, just slightly ahead of the offers from BetMGM and DraftKings.

How to Use a BetFred Promo Code  

Tips for Getting Started With BetFred Sportsbook

BetFred Sportsbook has been a household name in the UK for over 50 years, but they haven't been in the United States for very long. However, Betfred's app is available in 6 US states, including Arizona, Colorado, Iowa, Louisiana, Pennsylvania, and Nevada.

They also have a brick-and-mortar sportsbook in Louisiana, located inside of The Draft Room at the Paragon Casino Resort in Marksville. BetFred will also have a location in Las Vegas soon at the Mohegan Sun Casino at Virgin Hotels.

BetFred has a fantastic app that is easy to use and pleasing to the eye. Their website is also top-notch, offering plenty of depositing and withdrawal options to make things as easy as possible for new players.

If BetFred is available in your state, we highly recommend giving them a shot!

What Betting Options are Available at BetFred?

BetFred Sportsbook offers a wide variety of sports, including every professional sports league, college sports, international sports, and even eSports.

Additionally, players can find various bet types in the BetFred Sportsbook app. This includes fixed odds wagers, parlays, teasers, same game parlays, round-robin bets, player props, live betting, and more.

BetFred's mobile app is well designed, fast-loading, and a great UI/UX makes it easy to find the bet you are looking for and add it to your bet slip. Combine this with competitive odds and low juice, and you get one of the best online sports betting apps on the market today.

BetFred Sportsbook FAQs

Pros and Cons of the BetFred Promo Code Offer

New player promotions are the easiest way to earn free cash from an online sportsbook, without having to risk your initial deposit. That being said, there are often hidden terms and conditions that new players should consider before signing up. We recommend review the full pros and cons for the current welcome bonus before registering with BetFred.

Pros for the Current DraftKings Offer

  • The $250 bonus is currently the largest available from an odds boost offer.
  • With minimum odds of -200 or better, the terms attached to the odds boost offer are amongst the best in the inudstry.
  • In addition to a welcome bonus, BetFred players get access to daily odds boost offers, a great rewards program, and additional promotions such as parlay insurance.
  • BetFred's mobile app is one of the best in the industry.

Cons for the Current DraftKings Offer

  • BetFred is currently limited to just six U.S. betting markets.
  • While BetFred offers live betting and same game parlays, they don't offer quite as many betting options as leading sportsbook operators FanDuel and DraftKings.
  • There are currently no deposit bonus or risk-free bet offers available at BetFred.

FAQs for BetFred Sportsbook and Promotions

Since BetFred is a reasonably new name in the US, most sports bettors will have many questions about them. The following frequently asked questions will provide some basic info for bettors curious about BetFred.

Is BetFred Sportsbook Legal in the US?

Yes, BetFred Sports is one of the oldest names in the sports betting industry. The Done brothers started BetFred Sportsbook in 1967 in the UK. They have offered legal sports betting here in the U.S. since 2019.

In What States is BetFred available?

BetFred is available in Arizona, Colorado, Iowa, Louisiana, Nevada, Ohio, and Pennsylvania. New players in each state can register using our bonus code to receive $250 in free bets on the BetFred Sportsbook app.

How do I use a BetFred promo code?

Follow these three steps to register with our BetFred promo code and receive $250 in free bets today: Register through the offer's landing page on the BetFred website or mobile app. Deposit and wager at least $50. Receive $250 in free bets within 72 hours of placing the required $50 wager.

Is there a rollover requirement for the BetFred bonus offer?

Our current BetFred promotion does not have a rollover requirement. However, the free bets received through this promotion hold no cash value and must be used within 7 days. Anything you win through your free bets is yours to keep.

Does BetFred have a mobile app?

Yes, the BetFred app is available in both the App Store and Google Play Store. The app has a 4+ star rating in both app stores and offers several great features, including some great live betting features.

Who Can Sign Up at BetFred Sportsbook?

Anyone 21 years old or older can signup for an online sportsbook account with BetFred in Arizona, Colorado, Iowa, Louisiana, Nevada, or Pennsylvania. BetFred also offers a retail sportsbook in Louisiana and will soon have one in Nevada.

We expect for BetFred to break into a few more states in 2023. Since they have such an excellent track record in Europe, it's only logical that BetFred will do well in the US.

How Can I Sign Up for a BetFred account?

If you want to set up a new account with BetFred, the process is easy, and it shouldn't take longer than a few minutes of your time. Here is all the information that you will need to register on the BetFred Sports mobile app:

  • Full name
  • Email address
  • Physical address
  • Last four digits of the SSN
  • Date of birth
  • Username
  • Password

After registering, you’ll be asked to make your initial deposit. Remember to meet the minimum deposit for your BetFred promotion. If you register for the bet $50, get $250 offer, you will need to make a minimum initial deposit of $50.

21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER. Call 1-800-NEXT-STEP (AZ), 1-877-770-7867(CO), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN), 1-877-770-STOP (7867) (LA), Call 1-800-327-5050 (MA), Call 1-800-GAMBLER or visit (MD), 1-800-270-7117 for confidential help (MI). Call 877-8-HOPENY or text HOPENY (467369) (NY), 1-888-532-3500 (VA).

Chris Lollis

Chris Lollis is a sports betting expert that has covered the industry for more than a decade. Over that time he has covered everything from the repeal of PASPA to the state-by-state legislative changes. Chris serves as the Head of Content at EatWatchBet, and is responsible for tracking latest news and updates from every U.S. sportsbook.