Betfred Payment Options Guide
Therefore, Betfred payment methods are within the industry standards and you won't have any trouble using their deposit and withdrawal options. Nevertheless, we will guide you through the whole process, step by step.
Step By Step Guide To Payments
Although Betfred payment options are easy to use and it is basically the same as the methods found in almost any other online bookie, we will guide you through this process, just in case you encounter some difficulties.
How to make a deposit
Making a deposit to Betfred requires only a few simple actions
- After logging in, click on the “My Account” menu
- After that, click on the “Deposit” option
- Fill the fields displayed
- Enter the required deposit amount and confirm your password
It's that simple! Also, have in mind that Betfred has a welcome bonus for newly registered members – you can get £60 in Free Bets if you deposit £10 to Betfred Sport (terms and conditions apply)! You will be eligible to other unique promotions if you register to Casino, Vegas, Poker and Bingo parts of the site as well. You must be 18+ to use their site or claim this promotion.
How to make a withdrawal
After using Betfred deposit option, you shouldn't have problems with using Betfred withdrawal method.
- After logging in to your account, click on the “Withdraw” button
- Enter the desired amount
- Click on “Make Withdrawal” button
Whenever is possible, withdrawals will be paid back to the deposit method. Upon requesting the first withdrawal, Betfred will ask you to confirm you identity. You can do that by providing a personal ID document.
Betfred payment options allow you to transfer funds between wallets. For instance, you have deposited a certain amount on the Betfred main wallet. If you wish to play poker, you should click “Cashier”, and after that “Balance/Transfer”. On that page, you will see your available balance and the blanks you must fill in order to transfer all, or part of the funds to the poker wallet.
Betfred Payment Methods
Betfred payment methods are orientated to the UK market, every option is trustworthy and secure and you won't have any trouble to complete deposit and withdrawal, whichever method you pick. However, Betfred payment methods differ when it comes to the fees and processing time. We reviewed them step by step in the tables below.
Betfair deposit options
|Payment method||Minimum deposit||Maximum deposit||Payment fee||Processing time|
|Bank Transfer||£85||£5000||Free||2-5 days|
Betfred Withdrawal options
|Withdrawal method||Minimum withdrawal||Maximum withdrawal||Payment fee||Processing time|
|Credit/Debit Cards||£5||£9999||Free||1-5 days|
|Bank Transfer||£25||No Maximum||Free||1-5 days|
|Betfred Shops||No Minimum||No Maximum||Free||24 hours|
FAQs About Betfred Payment Methods
Here are some common questions that will clarify any uncertainties around the Betfred payment options:
1.Are the payment methods at Betfred secure?
Betfred payment options are used by millions of people in the UK, both for betting and non-betting purposes. Companies such as Visa or MasterCard are among the leaders in the industry when it comes to securing the personal data of their customers. E-Wallets such as PayPal, Skrill or Neteller are also trustworthy companies. Betfred itself is a fairly secure site that fights against hackers and guarantees the safety of your account.
2.Which currencies are available at Betfred?
Australian Dollars (AUD), Canadian Dollars (CAD), Danish Kroner (DKK), Euros (EUR), Hong Kong Dollars (HKD), Icelandic Kroner (ISK), Japanese Yen (JPY), Malaysian Ringgits (MYR), New Zealand Dollars (NZD), Norwegian Kroner (NOK), South African Rand (ZAR), Swedish Krona (SEK), Thai Baht (THB), UK Pounds (GBP), and United States Dollars (USD).
3. How can I set a deposit limit at Betfred?
Betfred openly encourages their customers to set a deposit limit. They are fully behind the responsible gaming concept and you may set limits for a 24 hour, 7 day or 30-day period and it cannot be overridden. You can decrease your limits at any time though, but for removing them, you will have to wait 24 hours.
4. What is the customer verification process?
After an initial withdrawal requirement, Betfred will ask you to provide a proof of your identity. You can send them your personal ID, passport or any other document with your personal data, that corresponds with the information you provided upon registration to Betfred. If you didn't use some sort of a fake ID, you will easily confirm your identity and proceed with withdrawal process.
5. I haven’t received my Betfred withdrawal yet, what should I do?
The processing time of a withdrawal depends on the Betfred withdrawal method you used. If you used a bank transfer, the wait time is up to five days, while most of e-Wallets will process that request much faster, within 24 hours. If you are experiencing a slower process than you should, contact Betfred support and they will tell you if there is any problem with your request.
6. Can I cancel a withdrawal?
Betfred doesn’t allow customers to cancel their requested withdrawal, but they reserve the right to cancel a withdrawal for any reason.
Betfred Customer Service
Betfred customer service is available 24/7 and that's the biggest advantage of their system. They offer a standard support as well, via email or phone call, but live chat support is something that most players will regard as an advantage.
They also have an extensive FAQ page on the site that covers the most of the questions you may ask. Also, Betfred has an interesting concept of dividing the support for various issues. For example, you can contact them via email for the problems with you account, via email for technical issues with the website, via email for general support, and they also have one email only for free bets.
Betfred support deserves five out of five stars!
Would you like to know more about Betfred? Check our complex review.