BetFred, one of the oldest names in the sports betting industry, has recently launched a massive new promotion for bettors in Arizona and Iowa. They’re giving new bettors a "No Sweat First Bet," and it will refund your first bet up to $105 if it loses. That means you simply cannot lose when you sign up for BetFred, well, at least your first bet. That’s a pretty slick offer.
BetFred's latest promo is set to ease new users into the sports betting market by reducing the risk of losing their first wager. After all, if you’re new to sports betting, placing that first bet can be a bit nerve-racking.
So, how does the BetFred promo code work?
Eligibility. This offer is available to new users in Arizona (AZ) and Iowa (IA). Yes, BetFred operates in other states as well, but this bonus is exclusively for AZ and IA bettors.
Minimum bet. Place a cash bet of at least $20 with minimum odds of -200. That’s fairly standard for most sportsbooks. We have seen minimum bets as low as $10 at other operators.
Refund. If your first bet loses, BetFred will refund your stake up to $105 in the form of a Fred Bet. However, if your bet wins, well, then you keep the winnings.
Timeframe. The Fred Bet must be used within seven days of being issued. So, you can’t simply create an account and forget about it. You have to use this bonus within the first week of signing up.
Validity. This promotion runs until December 31, 2024. BetFred might extend this at that time or go with another promotion.
It's important to note that this offer does not apply to futures and BetFred Boosts wagers. That’s unfortunate because we absolutely love futures bets. Also, the Fred Bet cannot be withdrawn or redeemed for cash, but whatever you win with the Fred Bets, you can keep.
BetFred's "No Sweat First Bet" is a great way to kickstart your betting without the thought of losing your initial investment. Sure, you might place a bet, lose it, get the Fred Bets, and then lose those. That does happen. However, you’re getting a second chance. That’s something we’ll always welcome when we’re betting at big operators like BetFred.
BetFred offers a wide range of sports and markets for you to bet on. From moneylines to parlays, live bets to futures, BetFred has it all. Even in the midst of summer, when some of the leagues are between seasons, there’s still something to bet on.
With the baseball season in full swing, there are plenty of opportunities to place bets on MLB games. Whether you're betting on the outcome of a game, player prop bets, or specific in-game events, MLB offers a huge variety of betting options. Don't forget the upcoming MLB All-Star Game and the Home Run Derby, which are some of the most sought-after betting events during the MLB season.
The NFL draws by far the biggest betting frenzy of the year. Fortunately, the NFL season is just a couple of months away. Now is the time to sign up with BetFred, get your account going, and start building that bankroll for the season kickoff. From regular season games to playoff games and everything in between, you can bet on a variety of outcomes, including point spreads, moneylines, and over/under totals. College football will also be back in action, providing even more betting opportunities. While you can bet on collegiate sports in both Arizona and Iowa, the downside is that prop bets are outlawed in both states.
Beyond baseball and football, BetFred covers a huge spectrum of sports, including basketball, soccer, hockey, tennis, and more. You can also explore niche markets and lesser-known sports, ensuring there's something for every type of bettor. You can bet on WNBA games, the Olympics, and even the PGA is in full swing right now. Get on BetFred and start checking out what they have to offer. We’re sure you’ll find something you like and something to use that sweet bonus offer on.
BetFred may be one of the oldest sportsbooks in the industry, but like the others, they do have their pros and cons. Here are a few things we like and dislike about the betting platform.
Great range of available sports and markets. BetFred offers an extensive selection of sports and betting markets. This means you’ll undoubtedly find something that interests you.
Special promotional campaigns and daily odds boosts. We’ve never seen a platform that offers so many bonus offers throughout the year. Sometimes, it’s an odds boost they’ll offer you, and other times, it’s a reload bonus. Keep you eyes open for any upcoming promos.
Variety of bet types. From in-play bets to parlays and teasers, BetFred offers a wide range of betting options to keep things interesting for everyone.
Limited availability. BetFred is currently live in only 10 states, including Arizona and Iowa. This bonus is also only available for those in AZ and IA, so if you’re in those states, maybe this isn’t a bad thing.
Banking methods. The platform offers a limited number of banking methods compared to some competitors. We really wish they offered PayPal as one of the deposit and withdrawal methods.
While it might seem this way, BetFred is not just about great promotions. The platform also boasts several key features that make it stand out from the competition.
BetFred's in-play betting section is well-organized and offers plenty of daily matches to choose from. You can view events ahead of time and pin your favorite matches for quick access. This makes it super easy to keep track of what you want to bet on. The live betting options are varied, and the platform provides some useful stats to help you make informed decisions during the game. However, we always recommend that you find the tools that will help you research and make the smartest bets.
This is a feature we don’t see too often with other sports betting sites. BetFred supports early cash-outs on select markets, giving you more control over your bets. If things aren't going your way, you can choose to cash out early and minimize your losses. The markets that support cash out are clearly marked, and you can manage your bets from the 'My Bets' page. Of course, when you cash out early, you’ll sacrifice some of your winnings, but it might be worth it in the long run.
If you're ready to take advantage of the "No Sweat First Bet" offer, here's the quickest way to get started—
Register. Sign up for a new account on BetFred's website or mobile app (their mobile app is really smooth). Make sure you are located in Arizona or Iowa to be eligible for the promotion. They do employ geolocation technology so if you’re not in these states you won’t be able to use the bonus.
Deposit. Make a real money deposit into your BetFred account. No promo code is required for this offer. Just select the banking method, enter in your information, and your bankroll will be instantly added to your account.
Place your bet. Scour the events and find the event you want to bet on. Place your first cash bet of at least $20 on any sport with minimum odds of -200.
Wait for the outcome. This is where you sit back and enjoy the game, most likely on the edge of your seat as you look forward to your big win. If your bet wins, congratulations! If it loses, you will receive a Fred Bet matching your stake amount up to $105.
Use your Fred Bet. Unfortunately, losing bets is part of the game and there’s a chance you might lose that first bet. However, with the Fred Bets, you get another chance. Use your Fred Bet within seven days on any sport or market. Remember, the Fred Bet cannot be withdrawn or redeemed for cash.
Using the BetFred bonus offer is as easy as that. The entire process takes just a few minutes, and you’ll be up and running in no time. Even after this first bet, we’re confident you’re going to love BetFred and will keep coming back for more.
BetFred is known for its special promotions and giveaways. As we mentioned, it's worth keeping an eye on their social media channels and promotional pages for more promos.
They often run campaigns that reward active bettors with bonus bets (ahem, Fred Bets), tickets to sporting events, and other exciting prizes. For instance, BetFred Sports, as an official sponsor of the Denver Broncos, has previously given away free tickets to followers on social media. Not too many sportsbooks can boast that.
On top of that, BetFred offers a weekly 'BetFred Sports Pick 6' promotion, where you can win a $100 free bet by correctly answering six out of ten questions. This costs you nothing. It’s simply a way for you to be engaged and walk away with some extra cash.
With all of these bonus offers, it’s no wonder that most sports bettors keep coming back to BetFred after that first bet.
BetFred's "No Sweat First Bet" promotion is a great way for new bettors in Arizona and Iowa to take the plunge and get started with sports betting.
With a wide range of sports and markets to choose from, daily odds boosts, and special promotions, BetFred offers one of the best betting experiences we’ve ever tried. So, sign up today, place your first bet, and see if you can make the most of this huge offer!
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