BetFred celebrated their 50th year in 2017, having been established in Salford back in 1967 and growing to the point they now employ 10,000 people. They have over 1,300 betting shops across the United Kingdom, and are looking to expand on that number. Fred and Peter Done were the co-founders, with the former infamously paying out early to Manchester United on two separate occasions when it seemed, pardon the pun, odds-on for the Red Devils to win the league in 1998 and 2012. BetFred also lost a £1m bet to rival bookmaker Victor Chandler in the 2004-05 Premier League season, when they bet United would finish higher than Chelsea. Jose Mourinho’s Blues landed the title that year, leaving BetFred out of pocket. They are the main sponsor for Rugby League’s Superleague for the next at least three years, a sign of how rooted in the North and North-West BetFred truly is.
Deposit & Withdrawals
One of their better areas, BetFred have a solid deposit and withdrawal system online. Transferring money both into your account and out is unlikely to cause problems, and is a very reliable way of dealing with your money. The usual £5 minimum to withdraw still stands, and you can withdraw around £7-12k in a day.
From experience, BetFred’s customer service is actually very good. Their live chat is constantly available, as well as the ever-popular Twitter option. However, it is worth noting for foreign visitors to the site that their live chat is only in English, which could create miscommunication of events and betting, leading to a disappointing experience rather than a memorable one.
For customers in the UK, Betfred licensed and regulated by the Gambling Commission.