BEST BETFRED BONUS BETS TODAY: OCTOBER 2024

1. Which Types of Bonus Bets Does Betfred Offer?

2. Does Betfred Offer Bonus Bets for New Users?

Yes, Betfred Sportsbook offers bonus bets for new users, commonly known as welcome bonuses or signup bonuses. These promotions are typically the most generous, designed to attract new customers. You can find the latest and best Betfred Sportsbook promotions for new users directly on the homepage or promotions section of their site.

3. Does Betfred Offer Bonus Bets for Existing Users?

Yes, Betfred also provides bonus bets for existing users, though these tend to be less generous than the initial welcome bonuses. These ongoing or reload promotions often include offers like profit boosts, enhanced odds, and bonus bets to keep users engaged.

If you’ve already used all of your welcome bonuses, check out how you can maximize the profits you make from reload offers here.

4. How Can I Claim Betfred Bonus Bets?

5. What Was Betfred's Most Generous Bonus Bet Ever?

Betfred's most generous bonus bet offer was their “£60 bonus bets when You Bet £10” promotion. This promotion allowed new customers to receive £60 in bonus bets after placing an initial qualifying bet of just £10.

The substantial bonus bet reward was designed to attract new users by providing significant betting credits to explore various markets. For current and specific offers, always check Betfred's website or app for the most up-to-date promotions.

6. What Sports & Leagues Can I Claim Betfred Bonus Bets on? 

7. Do You Need a Promo Code to Claim Betfred Bonus Bets?

While some Betfred promos require a code to be claimed, most of their promos in fact do not. And can be unlocked by anyone by following a few simple steps. 

For sign-up bonuses/welcome bonuses, this will usually require signing up to the sportsbook using the correct link, depositing and making your first bet. Whereas for ongoing offers you may need to opt-in to certain promos and seek out special reload bonuses sent to you via email.

However, these steps can differ depending on the promo type you’re using, so always make sure to read the T&Cs attached to the offer. Or better yet, learn the simple steps you can follow to convert your offer into guaranteed cash (see section 10).

8. What T&Cs Does Betfred Have For Bonus Bets?

9. Are There Any Risks With Betfred Bonus Bets?

While claiming bonus bets can be a great way to maximize your betting profits, it's crucial to be aware of their potential risks.

Four of the most notable risks attached to bonus bets/bonus bets are:

1. No Guaranteed Winnings: Whether it's a $150 bonus bet, a $1,000 No-sweat bet or a 50% deposit bonus, if you place your bonus bet on a losing bet you will still come away with no more cash than when you started.
   
   
2. Risk of Losing Money: One of the most common ways bettors lose money through promos is through No-sweat bets. Let's say you're gifted a $500 No-sweat bet and you place your $500 on the losing side of a game, you won't be refunded with $500 of withdrawable cash, but instead $500 of site credit (often in the form of a bonus bet). Place this bonus bet on the losing side and you've just lost $500 to the sportsbook.
   
   
3. Limited Number of Sign-Up Bonuses: While sign-up bonuses can be generous, you can only ever receive one sign-up bonus from each sportsbook (when you first create an account). This means that there's only a set number of sign-up bonuses available to each user. As a result, relying purely on these may not be a sustainable long-term plan.
   
   
4. Misuse of Promos: Certain promos have more complex rules and often hidden T&Cs. As a result, if you go into them without proper guidance and support you can risk reducing the amount of overall profit you earn, or worse, lose money.

But it isn't all doom and gloom. There is one way you can guarantee profits from bonus bets, risk-free, every time.

Sound too good to be true? Read the next section.

10. How to Guarantee Profit From Betfred Bonus Bets

While it's true risks can arise when claiming bonus bets, one clever technique exists that can remove them and guarantee you profits from promos every time.

Promo conversion (A.K.A matched betting), is a fully legal, super simple (with the right platform) method of turning sportsbook promos into guaranteed cash.

Simply put, it involves betting on one side of a game to qualify for a sportsbook promo, then betting on the other side to cover both outcomes and remove the risk. Repeat this process using your new promo and voila! You've locked in a guaranteed profit.

And while this sounds simple on paper, to earn serious monthly profits with this technique you need rapid odds-matching software, an up-to-date promo database and tailored instructions for converting each offer at your disposal.

11. Why Choose ProfitDuel?

At ProfitDuel we have over 10 years' experience in the matched betting industry at the highest level. In that time we've helped 400,000+ members in the US & Europe earn guaranteed profits in the $1,000s each month converting sportsbook promos like bonus bets and bonus bets.

How exactly? By taking the complex-sounding promo conversion process we touched on in the last section, and creating intelligent software, easy-to-follow strategies and expert one-to-one customer support to make it insanely simple.

Not sold yet? Read the 5 simple steps to converting sportsbook promos in our free guide to see just how easy it can be to add $1,000s to your monthly income.

When you've done that and you're ready to start earning guaranteed profits, sign up to ProfitDuel using our limited-time offer: 50% off your first month of ProfitDuel!