As one of the UK’s leading bookmakers, Betfred has learned a thing or two about attracting and retaining customers over the years, and even in the crowded modern online betting market, Betfred’s roster of promotions and bonus offers stand out.
But while many of these Betfred promotions may be eye-catching, how do they stand up to closer examination? And is it possible for shrewd punters to profit from these deals? In this article, I will be digging into the most popular Betfred offers in search of value.
Bet £10 Get £30
New customers at Betfred are presented with this offer when they sign up. Any new player who bets £10 at odds of Evens or greater within 60 days of registering an account will be awarded £30 in free bets. So what’s the catch? Well, compared to many similar offers, which place significant restrictions on how you can use your Free Bets, Betfred’s promotion is a little more generous, allowing you to use your Free Bets on any sports betting market.
Your initial wager has to be at odds of Evens or higher, so you can’t simply lump on a short-priced favourite, but one handy aspect of this offer is that the minimum odds figure refers to cumulative odds. That means you can take advantage of the Free Bets offer by placing a two or three-bet accumulator made up of short-priced bankers. If you pick your bets well, you can land a solid winner with a £10 bet and then have £30 in Free Bets to play with, which is a great way to start betting with Betfred.
Pick Your Punt
This promotion is particularly valuable if you’re skilled at pricing up your own events. One of the advantages that bookmakers have is in choosing what markets they offer; in other words, they choose the ground on which the betting battle will be fought! With Pick Your Punt, that situation is turned on its head, allowing punters to Tweet a market they want to bet on to the Betfred social media account.
Every day there is a list of qualifying events on the Betfred site, and this list covers several days ahead at a time, giving you the chance to come up with a market or a combination bet that you would like to make. The Betfred compilers will price it up and you can then decide whether you want to take the bet. The price won’t always be to your liking, but when it is, you will have the advantage of knowing that you have had longer to analyse and price up the bet than the bookmaker, and so have a much better chance of finding value.
Double Delight & Hat Trick Heaven
Betting in the First Goalscorer market can be tricky, as often the obvious contenders are priced up very short, but for those punters who usually avoid this market, the Betfred Double Delight & Hat Trick Heaven promotion offers a good incentive to get involved.
This deal doubles the First Goalscorer price of your selection if he scores first and then scores again during a game, and if he goes on to get a hat-trick, Betfred will triple the initial odds. This offer is confined to a certain number of football fixtures, but again, if you are prepared to be patient and wait for games involving a dominant team with an in-form striker, this promotion offers a chance to land a significant profit, even if your selection is available at a short price.
Acca Insurance
We’ve all known the feeling when one selection in your football acca lets you down. A last minute penalty or a lucky own goal can ruin a potentially profitable Saturday in a split-second. But the Acca Insurance promotion from Betfred gives you the chance to reduce some of the risk.
If one of your bets in a five-team acca lets you down, Betfred will refund your initial stake up to £10 as a Free Bet. This may not initially seem too exciting, compared to some of their other offers, but one of the most important aspects of sports betting, as with trading on the stock exchange, is being able to limit your losses. It’s the equivalent of a football team defending well. Acca Insurance ensures that you don’t get punished for finding four winners but failing with a fifth bet.
Many punters make up their football accas with short-priced banker bets, but the Betfred Acca Insurance offer is best used on an accumulator made up of four bankers and a bigger-priced bet. That way, you are increasing your chances of landing a bigger reward, and you are covering the additional risk posed by the introduction of the non-banker bet.
Conclusion
Of course, the primary function of bookmaker promotions is to attract and retain customers. But betting value can always be found if you know where to look, and that certainly seems to be the case with Betfred’s range of promotions, all of which provide solid opportunities for the shrewd punter.
