Betfred Promo Code is XBET

Welcome to our Betfred promo code review. Our betting guide details the online bookmaker’s bonus, accompanying terms and conditions, and steps to claim it. The code in question is XBET, which can give users a 100% deposit match up to R5,000.

What is the Welcome Offer

The Betfred welcome offer is a 100% deposit match-up bonus of up to R5,000. You can also get 500 free spins for the slot game Sweet Bonanza.

 Betfred Code promo code is XBET

Earlier, we said the Betfred promo code is XBET. You can use it to access the operator’s welcome offer curated for new customers. The offer allows bettors to receive a bonus of up to R5,000 and 500 free spins. To clarify, the bonus amount and free spins you receive depend on your first deposit.

What Can I Get with the Betfred Code?

Earlier, we said the Betfred promo code is XBET. You can use it to access the operator’s welcome offer curated for new customers. The offer allows bettors to receive a bonus of up to R5,000 and 500 free spins. To clarify, the bonus amount and free spins you receive depend on your first deposit.

Betfred Offer

What is the Welcome Offer for Betfred?

To emphasise, Betfred offers a 100% first deposit bonus of up to R5,000 and 500 free spins. The offer is for new users on the online bookmaker’s platform. Most importantly, the bonus amount each bettor receives depends on how much their first deposit is.

To clarify, Betfred’s welcome bonus is tiered, with players receiving bonuses based on their deposit amount. The operator sets the deposit limit for the tiers at R249, R999, R2,499 and R4,999. To emphasise, while each tier offers bettors a 100% deposit bonus, it provides a different number of free spins.

For instance, if a bettor deposits the minimum amount of R100, he will receive the R100 bonus and an additional 50 free spins. Whereas, if your first deposit is R3,000, you’ll receive a commensurate R3,000 deposit bonus and an extra 350 free spins.

What are the Bonus Terms & Conditions?

Furthermore, our research also spanned the bookmaker’s terms and conditions. In claiming or using the bonus, bettors must acquaint themselves with the following conditions:

• The bonus applies to first deposits only.
• Qualifying deposit begins at R100.
• Maximum deposit match of R5,000 and 500 free spins.
• 4x wagering requirements.
• Place single bets only, not multiples.
• The maximum payout is R15,000.
• Usable only within the validity period.
• The bonus is usable for certain bet types only.

Additionally, check the operator’s Promotions page for a full blow-down of the Betfred welcome offer. Finally, Betfred reserves the authority to withdraw bonuses from users if any irregularity is found.

What are the Other Offers Available at Betfred?

Unsurprisingly, bettors can access other bonuses on Betfred. This information will particularly help new and existing users. Here are some bonuses that you can opt-in for upon registering with Betfred:

Soccer Bet Insurance

Firstly, this Betfred bonus shields bettors from experiencing the full weight of their soccer multiple bet losses. Betfred offers bettors a refund of up to 10 times your original stake – to a maximum of R5,000. However, this depends entirely on the number of legs in your bet.

The insurance bonus applies only to pre-match soccer multiples having 8+ qualifying legs, each with minimum odds of 7/20. Finally, cancelled or abandoned selections do not count towards the qualifying legs.

Bet Builder Weekly Cashbacks

Secondly, Betfred offers a Bet Builder Weekly Cashback. With this promotion, bettors can get up to 50% refund on their losses, up to R5,000. Notably, the online bookmaker adds this cashback to your Betfred account as bonus funds.

Furthermore, the bonus only applies to soccer or basketball bet builder bets placed in the previous week. While Betfred calculates cashbacks every Monday, bettors must use the bonus following the rollover requirements before withdrawal. Importantly, the feature now includes live betting. Lastly, this offer only applies to bets you place using real money.

Multiple Boost

Thirdly, we have the Multiple Boost. This bonus offers players a boost of up to 30% for multiple bets with Betfred. The boost percentage increases as you add more events to your bet slip – from 3% for 3 events to 30% for 28 or more events.

Again, only bets with 7/20 or more odds qualify for the bonus percentage increment. Coupled with this, Betfred automatically adds the bonus to your dividend.

How to Claim the Betfred Welcome Offer with the Code

After completing our registration with Betfred, we proceeded to claim the operator’s welcome bonus. As a new user, you can repeat the process below to claim the welcome bonus:

1. Visit the Betfred website.
2. Click on the “Register” button to create a new account.
3. Complete the Betfred sign-up form. Input the Betfred promo code, XBET in the promo code field.
4. Verify your Betfred account by clicking the verification link or OTP Betfred sent to your mobile number.
5. Proceed to make your first deposit. Remember qualifying deposits start from R100.
6. Once your deposit is approved, Betfred will credit the bonus funds and free spins to your account.

All things being equal, bettors can complete the registration process in about 1-2 minutes. For more details on the operator’s sign-up process, refer to the Betfred registration guide.

Can I get the Mobile Bonus on Betfred?

Interestingly, Betfred’s welcome bonus is also available to mobile users. The result is that bettors can claim the operator’s bonus via the mobile app or site. You can read all about this in our Betfred mobile subreview.

How to Withdraw the Betfred Bonus

The Betfred payment is quite robust, boasting several deposit and withdrawal options. This implies that bettors can seamlessly withdraw bonus winnings without any qualms. You can get detailed information about this in our Betfred withdrawal subreview.

Competition’s Welcome Offers/Bonus Comparison

As mentioned in the introduction, our expert team did a comparative study of Betfred with other top bookmakers – including Supabets, 10bet and Boylesports. We researched each of these bookmakers and here’s what we found:

Betfred vs Supabets

Supabets and Betfred have fairly different welcome bonuses. While both have a 100% first deposit offer of up to R5,000, Supabets splits it up into three separate deposits. Since Betfred also offers free spins, it might explain why the operator’s bonus is significantly better than Supabet’s.

Betfred vs 10bet

Both bookmakers welcome bettors with a 100% deposit bonus. However, a distinction is that Betfred provides up to an additional 500 free spins bonus. Furthermore, our evaluation revealed that the 10bet offer of up to R3,000 pales comparatively to Betfred’s R5,000. In contrast, 10bet offers a much lower R20 qualifying deposit and longer bonus validity period.

Betfred vs Boylesports

Boylesports welcomes bettors to its platform with a multi-deposit bonus up to R400. This stands strikingly subordinate to the Betfred deposit match of up to R5,000. In terms of the wagering requirement, both operators seem to be at equity. Nevertheless, Betfred’s bonus has a much shorter validity period in contrast to Boylesports’.

In the end, each bettor has the responsibility to choose which of these bookmaker offers they prefer.

Our Insights and Opinions on the Betfred Offer

As we conclude our Betfred review, we give our perception and assessment of the Betfred promo code. Firstly, Betfred offers a simple sign-up process – the average user can successfully create a new account in about 1-2 minutes.

Beyond the registration process, Betfred’s welcome bonus of up to R5,000 is among the most competitive in South Africa. The addition of a potential 500 free spins is a clear topper and beats many other bookmakers’ offers.

Moreover, the online bookmaker has pretty uncomplicated wagering requirements – single bets at any odds and 4x turnover. However, we feel the 4x turnover might be stringent on some bettors. Additionally, we find the validity period of the operator rather short and might hinder bettors from exploring the offer as they’d prefer.

Alternatively, it means bettors might have to proactively participate in the bonus wagering processes beyond what they normally will.

We summarise our findings in the pros and cons table below:

Betfred Promo Code FAQs

What is the Betfred promo code, and how do I use it?

The Betfred promo code is XBET]. You can use it by entering it in the promo code field during registration to unlock the welcome offer.

What do I get with the Betfred welcome bonus?

The Betfred welcome bonus provides a 100% matched deposit up to R5,000 and 500 free spins. Exact bonus amounts and free spins depend on the value of your initial deposit.

What are the wagering requirements for the Betfred bonus?

Betfred requires that bettors roll over the bonus funds 4 times at any odds before they can withdraw the funds from their betting account.

Can I claim the Betfred bonus on mobile?

Yes, the Betfred welcome bonus is available to users on both the mobile app and mobile site.

How do I withdraw my Betfred bonus winnings?

You can withdraw your bonus winnings after meeting the 4x wagering requirement. Remember you must do this within the bonus validity period as specified by Betfred.

How does Betfred’s welcome offer compare to other bookmakers?

Betfred’s welcome offer is one of the most competitive in the nation. The additional free spins bonus is a game-changer.