Betfred Colorado Review

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Betfred Colorado

Our rating

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Sportsbook Info
  • Promo Code
  • Apple App Yes
  • Android App Yes
  • Min Deposit $10
  • Max Deposit $1000
  • Competitive odds
  • Excellent welcome offer
  • Large selection of bet types
  • More customer support options than competitors
  • Low withdrawal limit
  • Poor choice of payment methods

Betfred CO will never let you miss a bet with their new mobile sports betting app, now available in Colorado. We check out everything they have to offer from promotions to payment methods, and more. How do they hold up in odds comparisons with other competitors on the scene and is their customer service responsive? Read on to find out.

  • Sign up bonus
    $500 Risk-Free Bet
    Competitive odds Excellent welcome offer Large selection of bet types More customer support options than competitors
    7.5/ 10
    Join Now

Betfred CO’s Promotions

betfred promo

Betfred offers one of the best around for new customers who want to test their online sports betting. They will match 100% of your first wager up to $500, and it doesn’t matter if your bet wins or loses. It’s a similar offer to that of DraftKings CO, however, it’s much better because DraftKings only match 20% of your deposit.

They also have some excellent promotions for existing customers too. From enhanced parlays which give your odds a boost, to parlay insurance, where if one leg lets you down across a parlay of five or more legs, you’ll get up to $10 back as a free bet.

Sign-Up Process

betfred sign up

Signing up to Betfred CO is a simple process that is prompted as soon as you enter the website or app. Enter your personal details such as name and date of birth, then your contact details such as your address and mobile number and you’re nearly ready

All that is left to do is set some security questions for your account, agree to Betfred’s T&Cs and you’re good to go. It’s the first time that hasn’t been asked for a social security number when entering your core details. Nonetheless, this can be added afterwards when you begin to explore your account after registering.

User Experience

Betfred CO is accessible across three platforms, on a desktop browser, via a mobile browser and using their dedicated sports betting app. Here is how we got on with each one.

Betfred CO Desktop Site

The desktop site is designed excellently, with dedicated pages to be found for all major sporting events, which include access to real-time updates so you can see which team is in the lead, plus more detailed statistics too.

Unlike many desktop sites such as BetMGM CO, rather than having the betting slip stuck at the top of the screen on the right-hand side, it is found at the bottom of the Betfred CO webpage. It shows that they want to be different to their competitors, and they’re really thinking about the smaller details. And it actually works really well.

Betfred CO Mobile Site

The mobile site was a little harder to access without signing in. It was adamant you had to log in or register to see bets. We got around it in the end, because it’s sometimes nice to see what you’re getting into before you subscribe. Once we got on, it was a very similar layout to the core website, albeit organised a little differently. But it worked well, was responsive and easy to navigate.

Betfred CO App

The Betfred app is definitely the best way to go. It’s so well designed, with every detail clearly considered. It’s easy to navigate, responsive to the touch controls and very intuitive. It’s extremely handy because you can deposit to your mobile account wherever you are, as long as you have a decent internet connection. This means you can put bets on practically anywhere and everywhere.

  • Sign up bonus
    $500 Risk-Free Bet
    Competitive odds Excellent welcome offer Large selection of bet types More customer support options than competitors
    7.5/ 10
    Join Now

Withdrawals, Deposits, and Payment Methods

When it comes to deposits, Betfred offers the fewest payment methods of any sportsbook we’ve reviewed, all of which you can set your own deposit limits for. But others also stand. See the table below for more detail.

Payment OptionMin. DepositMax. DepositProcessing Time
Bank Transfer$10$1000Instant
Credit/Debit Card$10NoneInstant
PayNearMe$10$500 per dayInstant
VIP Preferred$10NoneInstant

When it comes to withdrawing, there are fewer methods available. No real surprise there. However, you must have deposited via these methods to be able to withdraw to them. It is one of the poorest offerings we have seen. Full details are below:

Payment OptionMin. WithdrawalMax. WithdrawalProcessing Time
Bank Transfer$10$10003-5 days
Play+$10None3-5 days
VIP Preferred$10None3-5 days

Betting Options and Markets

Whilst payment methods may be lacking, they have more markets available than the likes of WynnBET CO, with 13 markets to bet on:

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Football
  • Golf
  • Ice Hockey
  • MMA
  • Motor Racing
  • Rugby League
  • Soccer
  • Table Tennis
  • Tennis

As for options available in these markets, there is a wide range of bets you can play, including both futures betting and in-play live betting, plus straight bets, parlays and teasers. There are also options to earn better odds with Betfred Boosts, which select featured props with enhanced odds on the standard offerings.

Customer Service and Support

Betfred Support

Customer support is second to none at Betfred CO. You can contact them via phone, text, email or via live chat. Operating times are Monday through to Thursday, 8 am-9 pm and Friday through to Sunday, 8 am-11 pm

If they can’t solve your query, they even offer up the following link for contact information for the Colorado Division of Gaming.

Out of all the methods, live chat is by far the quickest though, with an agent connecting to us in less than a minute. However, we tried to clarify some information with them, and whilst they were helpful, they didn’t have access to everything we needed, so could potentially be better trained.

Odds Comparison

To compare odds, we looked at a number of options across different sportsbooks. For our example, we checked the NHL betting options in the game between the Los Angeles Kings and the Colorado Avalanche. On the moneyline, the Kings were +190 and the Avalanche -240. These were very competitive with DraftKings NY, which were +195 and -240 respectively, and Caesars NY, which were +200 and -240.

Overall, they had lower odds than both for the outside bet. But matched each one on the favored outcome.


Whilst their bonuses and promotions are good, customer support is great. Betfred falls flat with their payment methods, not even having basic ones such as PayPal as an option. They also have some lower limits than others for certain payment methods, and with reports in the UK of Betfred refusing to payout customers who win big, it could be a warning sign to new customers.

  • Sign up bonus
    $500 Risk-Free Bet
    Competitive odds Excellent welcome offer Large selection of bet types More customer support options than competitors
    7.5/ 10
    Join Now


  • How old do I have to be to bet with Betfred CO?
  • Can I deposit funds to my account outside of Colorado?
  • Does Betfred CO offer wagers on international sports?
  • When did sports betting become legal in Colorado?
  • Does Betfred CO support responsible gaming?

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