Betfred Welcome Bonus Pros & Cons
Pros
Simple welcome bonus
Strong in-play betting platform that allows users to easily track bets
Established sportsbook with decades of experience in online betting
Cons
No 24/7 live chat
Not available in as many states as market leaders
Connectivity issues on betting apps
Second-Chance Bet up to $105
![Betfred Bonus](https://cdn.spa.rg.prod.bemymedia.com/static/_next/image?url=https%3A%2F%2Fcms-cdn-rg-prod-bemymedia-com.s3.us-east-2.amazonaws.com%2Fchrome_capture_2024_06_04_T153925_840_7139081682.jpg&w=3840&q=75)
Betfred's welcome bonus uses the 'no-sweat' bet format.
That means that a new user can make a wager (in this case up to $105) and if that bet cashes they keep the winnings, and if it loses they will receive a bonus bet matching their first bet.
That bonus bet credit comes in the form of a single 'Fred Bet' for the value of the initial wager.
In order to receive this welcome bonus new users have to place their first bet on a market with a odds of -200 or longer.