Betfred Review
The Bonus King — a Salford institution since 1967
Reviewed by Srini, former UK bookmaking industry · Updated 1 August 2026
★★★★★4.1/5Key Facts
About Betfred
Betfred was founded by brothers Fred and Peter Done in 1967 and grew from a single Salford shop into one of the UK's biggest independent bookmakers. Known as "The Bonus King" for its promotion-heavy approach, Betfred offers strong racing coverage, frequent bonus payouts on winning bets, and one of the largest retail estates in Britain.
✓ Pros
- ✓Frequent bonus promotions — Double Delight, extra winnings on specials
- ✓Strong horse racing coverage with extra-place offers
- ✓Large UK shop network for cash betting
- ✓Good range of football price boosts
- ✓Long-established, family-owned British bookmaker
✗ Cons
- ✗Website and app feel busier than modern rivals
- ✗Base odds can trail the sharpest prices without the bonuses
- ✗Promotion terms take careful reading
How competitive are Betfred’s odds?
Across the 19 Premier League matches Betfred is pricing right now, its median margin is 5.54% — 3rd tightest of the 18 UK bookmakers in the same markets. It held the best available price on 42% of outcomes.
Measured live on Premier League match odds, the same market for every review so the rankings are comparable — a snapshot, not a season. Sample sizes are small and rankings move between rounds. Margin is how far a book's prices add up beyond a fair 100%; it is the bookmaker's built-in edge, not a prediction about any individual bet. Betting exchanges are excluded, and only bookmakers quoting the same set of outcomes are compared.
Current Odds on Betfred
Live events where Betfred is pricing, shown alongside the other UK bookmakers we compare.
Betfred — FAQs
Why is Betfred called the Bonus King?+
Betfred built its reputation on paying out bonuses on top of winning bets — like Double Delight (double odds on a first goalscorer who scores twice). The nickname reflects its promotion-led style versus rivals who compete mainly on base price.
Is Betfred a safe bookmaker?+
Yes — Betfred is licensed by the UK Gambling Commission and has operated in the UK since 1967, with hundreds of high-street shops alongside its online business.
Does Betfred have the best odds?+
Not on everything — no bookmaker does. Across the 19 Premier League matches Betfred is pricing right now, it held the best available price on 42% of outcomes, with a median margin of 5.54% — 3rd tightest of the 18 UK bookmakers compared. That is why comparing per bet beats loyalty to one account.
See how Betfred ranks in our best UK betting sites list, or learn how to always get the best price.
See how Betfred compares: vs William Hill · vs Ladbrokes
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