Betfred Sign Up Offer - £40 in Free Horse Racing Bets

Betfred offers an excellent welcome bonus to new players signing up for an account, which can be claimed to make bets on major horse racing action in 2026.

New customers will be able to get £40 in free bets after signing up and making a qualifying £10 wager.

The bonus will be credited to the account of the new player, regardless of whether their initial £10 bet is a winning one. The offer gives players the following free bets:

• £20 to use on any Sportsbook Markets
• £20 to use on win only Accumulators (4+ selections).

Claiming the Betfred welcome bonus is straightforward for new players. You can follow the simple steps below to claim the offer:

1. Click on any of the widgets or links on this page that say ‘Get Offer’. From here, you will be directed to the offer page.
2. Select ‘Claim Here’ on the Betfred page, and enter your email address and set a username and password for your account.
3. On the next page, enter your home address, date of birth, and telephone number. Then, set your preferred settings.
4. Finalize your account by verifying your email.
5. Add funds to your Betfred account via one of the required payment methods.
6. Place your qualifying £10 bet at odds of Evens (2.0).
7. Free bets will be credited to your account after your qualifying wager has settled.

New customers must be 18+ and based in the United Kingdom.

New customers need to use the promo code FRED40 for this offer.

Betfred is one of the most famous bookmakers in the UK, with its roots dating back to 1967. To this day, it remains a modern betting option for players, with a wide range of horse racing markets available.

The sportsbook also has competitive odds for popular sports such as football, cricket, and darts.

Bettors can take advantage of Best Odds Guaranteed from 8 am daily on all UK and Irish racing. Meanwhile, ante-post prices for major races at the Cheltenham Festival are available 12 months in advance.

At the same time, unique promotions such as up to 10% Cash Bonus on winning wagers and extra places in big-field races are also available.

Betfred also offers a leading promotion tailored to multiple betting. Lucky 15, 31, and 61 bets will see players get up to 5x the odds if they only land one winning selection. The sportsbook also offers dedicated streams for all horse racing, with customers able to watch on the mobile app.

The app is seamless to use, with bettors able to navigate to their favourite sport and market with ease. Bettors can also find enhanced odds for popular multiples and a cash-out feature after making their selections.

Our general Betfred Terms and Conditions apply to this Offer in addition to the Significant Conditions below.

If there is any conflict between the Significant Conditions and our general Terms and Conditions, the Significant Conditions will take precedence.

Who is eligible for this Welcome Offer?

New customers residing in the UK, Ireland and Gibraltar who are at least 18 years old. Customers who register an account using promo code FRED40, from 00:00 UK Time on Friday 6th March until 23:59 UK Time on Friday 13th March 2026. Customers must be successfully verified by us before any Free Bets are awarded. Please see our Verification Policy for more details.

How do you get the Free Bets?

Make your first qualifying deposit of at least £10 within 7 days of registering an account with us. A qualifying deposit must be made directly with a debit card, or a debit card linked to Apple Pay or Truelayer (Instant Bank Transfer). No other payment method will qualify. Place your first bet of £10 or more on any qualifying Sportsbook markets, at odds of Evens or greater (2.0+), which must settle within 7-days of registering for your account. Two or more separate bets with a combined stake of £10 will not qualify. Only your very first valid bet will count. If your bet is voided or cancelled by us; it will not count and the next valid bet you place will be considered instead. If your account is set to euros you will need to deposit and bet €10 to qualify.

What will not qualify?

Bets placed using Free Bets. Bets on Totepool and Virtual Sports. If you CashOut your qualifying bet.

When will you be credited with your Free Bets?

Your £40 in Free Bets will be credited within 24 hours of your qualifying bet being settled, and can be used as followed:

£20 to use on any Sportsbook Markets £20 to use on win only Accumulators (4+ selections). Crediting may be delayed if additional documentation is required.

Are there any other limitations you should know about? Free Bets cannot be withdrawn as cash and will not form part of any winnings returned.

Free Bets cannot be used on Combination Forecasts, Tricasts, and Combination Forecast Doubles & Trebles bet types.

Accumulator Free Bets cannot be used on each-way accumulators Any unused Free Bets will expire 7 days after issue. One welcome offer per address/IP address/device or mobile number. Previous account holders are not eligible for the offer. Anyone opening a Betfred.com account that has previously held an account with us that is closed does not qualify for the offer. In the event of a dispute, the decision of the Betfred Management Team will be final and based on our Terms and Conditions.

Can we change or remove this Welcome Offer?

We may remove and change this Welcome Offer without notice. These changes will not affect any Welcome Offer that you may have already registered for, or placed any qualifying bets towards, other than where this is necessary to prevent fraud or other similar unlawful behaviour.

Betfred reserve the right to withdraw the promotion, if required, for reasons beyond our control, such as system failures or supplier withdrawal (not exhaustive). In the instance that this happens, we will endeavour to communicate any withdrawal in a timely manner.

General terms:

One welcome offer per address/IP address/device or mobile number. Previous account holders are not eligible for the offer. Anyone opening a Betfred.com account that has previously held an account with us that is closed does not qualify for the offer.

Only one welcome offer per new customer.

Customers may be required to confirm their participation by responding to an automated SMS validation process via a SMS message. Validation must be completed within 7 days of the first bet being settled. The bonuses will be credited within 24 hours of SMS validation taking place.

Betfred.com reserves the right to withhold the rewarding of any Free Bet payment if a customer’s identity cannot be verified using our standard checks or, if we have reasonable grounds to believe that the account holder is not the person who has created the account or is operating the account. In these cases, Betfred may request a valid government issued photo identity (passport/full driving licence) and proof of address (bank statement/utility bill) dated within the last 3 months, along with a photo of yourself holding a passport or full driving licence so that you can be clearly identified alongside your photo ID (a selfie). Failure to satisfy verification of your identity will result in the non-payment of your bonus. Betfred reserve the right to withdraw the promotion, if required, for reasons beyond our control, such as system failures or supplier withdrawal (not exhaustive). In the instance that this happens, we will endeavour to communicate any withdrawal in a timely manner. These terms and Conditions are additional to and operate in conjunction with the general Betfred Terms and Conditions. Gamble responsibly. For more info visit www.gambleaware.org or telephone Freephone Helpline: 0808 8020 133