Betfred originated in 1967 and is a privately held betting company. Its headquarters are located in Warrington, England. Currently, Betfred owns and operates over 1400 betting shops throughout the UK. It has been described as one of the most well known betting brands in the UK. Started by Fred and Peter Done, Betfred has an interesting history. It is also worth noting that they have actually paid out on bets before they were guaranteed and lost money! The company is famous for paying out for Manchester United to win the 2011-2012 premier league as well as back in 1998.
Named after it co-founders and brothers Fred and Peter Done, Betfred is a British-based bookmaker. It was first established in Ordsall, Salford in 1967 as a single shop. Betfred is one of the big four of bookmakers in the United Kingdom and is also the highest street retailer. The company is licensed by the United Kingdom Gaming Commission but is owned by Petfre Limited of Gibraltar. Betfred has expanded to become one of the largest bookmakers in the United Kingdom with 1,370 stores. The company has a major interest in horse racing, sponsoring the Cheltenham Gold Cup, and also supports the World Snooker Championship.
In June 2011, Betfred closed deal worth £265m and bought The Tote. The Tote, also known as Totesport is also a very successful gambling company. The company then spent time creating the Tote Racing Development Board, giving a greater say to industry figures and pledged £155m into racing over the coming seven years. Betfred is the official betting partner of Wembley National Stadium and offer booths for all England and Football association matches.
Betfred offers a wide range of variety of sports to bet on, some of these are basketball, football and golf. It also supports a numerous amount of currencies some of the including Pounds Sterling, Euros, US Dollars, Australian Dollar, Canadian Dollar, Swedish Krona, Norwegian Krone, New Zealand Dollars, Japanese Yen, Denmark Krone, South African Rand and Hong Kong Dollars.
Betfred Poker can be enjoyed anywhere using an iPhone, iPad or Android device courtesy of an effective app which offers an excellent range of games. Part of the massively popular iPoker network, Betfred Poker offers a wide selection of poker games, including Texas Hold ‘Em, Omaha, 7-Card Stud and Omaha Hi/Lo.
The Betfred Poker site provides players with a fantastic range of offers and loyalty schemes. They also run regular promotions as well as freeroll tournaments. Players can expect a bonus of up to 20% of their initial deposit up to £1,200 as well as £10 free when you sign up, but to receive the £10 you must place a bet of at least £5. That £10 will be useful whilst betting at Betfred as you will receive £1 and £2 Twister tokens, a £5 Pokasino bonus and tokens to other tournaments and league games. Whilst playing in games such as ring games and multi-table tournaments, which are described as real-money games, you will collect Betfred Poker loyalty points. You will accumulate more points the higher your VIP status. These points are then transformed into loyalty currency for you to play with, you will receive rewards such as access to exclusive freerolls as you earn more points. Betfred is an honest bookmaker with all the features and functionality needed for the casual bettor.