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Betfred Sportsbook Colorado Promo Code

Fred Done (rhymes with “bone”) built Betfred from the ground up, starting as a small shop in the UK before expanding to over 1,000 shops and an online service. Now, over 50 years after this now billion-dollar betting platform opened its doors, bettors in Colorado can use this thoughtfully-designed sportsbook to place bets anywhere in the state on mobile devices and computers.

We’ll detail how you can get online with the Betfred service on mobile devices and browsers and use this nicely featured, usable, versatile app to place sports bets on everything from March Madness to the Super Bowl and more.

Betfred Sportsbook Colorado Welcome Offer

Betfred is offering new users “risk-free” bets up to $500 when they make their first qualifying deposit and wager. Simply make your qualifying deposit from $10 to $500 and place a wager. If it’s a loss by the time bets are finalized, you’ll receive incremented free bet credits to use how you’d like.

Betfred Sportsbook CO 2021 promo code & details

Bonus Details$500 Risk-Free Bet
Casino Partner in COSaratoga Black Hawk Casino
Bonus ValidJul 2021

Risk-Free Bet up to $500

When you sign up with Betfred CO and make your first deposit from $10 to $500, you’ll be rewarded a one-time “risk-free” bet up to $500. Place your first qualifying wager from $10 to $500 after making your first deposit, and if that first wager is a loss, you will receive free bet credits in increments of $100.

For example, if your first deposit your first bet is on the Nuggets to cover the spread and you win, nothing else will happen and you will be paid out as usual. If the Nuggets come up a bit short, you’ll receive four $100 bets and one $50 bet.  While there isn’t 0% risk, since your free bets can still end in a loss, this welcome offer is a great way to get acquainted with the online sportsbook and hopefully make a few dollars in the process.

Why Wager with Betfred Sportsbook?

  • Interface: Betfred’s interface is clean, informational, and sleek. Graphics and transitions don’t feel outdated, nor do they clutter the screen with too many bells and whistles.
  • Bet slip: The bet slip on Betfred is incredibly versatile and featured, allowing you to place a myriad of available bets including a proprietary Bet Builder which helps you assemble complex multiples like
  • Competitive pricing: Betfred keeps its prices competitive with other books, and tends to have odds that are on par with similar sportsbooks.
  • Daily/weekly bet boosts: Users of the Betfred platform will benefit from regular boosted odds, which is a great way of maximizing your potential payout.

What could improve at Betfred

    • Mobile interface has some issues: The mobile version of the Betfred platform functions just as well as the desktop, but does suffer from small delays when loading a lot of on-screen info. Also, there is a fold out menu in the top corner that seemingly leads to nowhere.
    • Moneyline Margins: The margins on the moneyline are a bit larger than the competition, which could slowly eat away at your profits.

Other Promotions, Rewards Programs

The fun doesn’t stop after taking advantage of the new customer risk-free bet as Betfred offers periodic promotional offerings, but it seems to be mostly for bigger events such as NFL playoffs and the start of new seasons. These promotional offers will vary but seem to be offers that include free bets for placing wagers on particular events.

In addition to the stand alone promotions, there are plenty of boosted bets available on a near- daily basis, which offer boosted odds on everything from single bets to parlays. Always be sure to check out the boosted bets section to be sure you are getting the best odds on a bet you may have made anyway.

Betfred Boosts are a great way for bettors of all skillsets to increase the potential value of a wager. Often, these daily odds boosts will bump your player or team up quite a few points. For example, if a player is expected to score a triple-double in a game, oddsmakers might set the odds at that happening around +400. An odds boost promotion can bump these odds into the positives at +600, meaning your potential payout on a $100 bet just jumped from $500 to $700.

Additionally, Betfred is an expanding platform, and the sports betting market in the US is still stretching its legs, so to speak. The industry is exploding, and it wouldn’t be completely out of the question for Betfred to offer some kind of cashback rewards program or VIP program to users betting in Colorado. If that happens, loyalty programs usually function as tier-based rewards systems that give users points for every dollar they spend, points that can be used for cashback rewards, exclusive promotions, and more.

Betfred Sportsbook Overview

Colorado was one of several states to go live with legal, online sports betting in 2020. After the passing of Proposition DD in 2019, Colorado legislators found themselves with unique challenges, but were still able to enact rules for legal, online sports betting by May 2020.

Soon after, Betfred, the famed UK bookmaker, was able to enter the market with desktop and mobile support for their online platform. Serving bettors in Europe for over half a century, Betfred is tailor-made for discerning sports fans looking to put a bit of risk into their sports watching experience, whether you’re jumping into a new hobby or looking for the best tools for your existing betting pursuits.

The Betfred suite of apps and the desktop platform are attractive and functional– there’s a bit of a learning curve, but the welcome offer enables new users to get a feel for betting without losing it all on the first wager. If you’re still stumped, there isn’t much in the way of betting help or FAQs on Betfred, so your best bet is to check out our knowledge base.

How to Bet Legally in Colorado

All users wagering on sports in Colorado must verify that they are physically present in the state when wagering: the app and the desktop version of the platform will require users to share their location, either through the GeoComply plugin on desktop browsers or using your mobile device’s location services.

Also, you’ll need to share part of your SSN in order for Betfred to verify that your identity is correct and that you’re of legal betting age. Betfred and platforms like it are legally required to share this information with the state’s division of gaming. Some bettors may be a bit hesitant at first, but don’t worry– all of the apps that we review are secure and certified by state gaming authorities, same as the retail casinos.

Betfred Sportsbook Mobile App

      • Availability: The Betfred app is available on iOS and Android devices as well as Macs and PCs.
      • Responsiveness: Betfred’s desktop platform is incredibly responsive and works well on almost all browsers. The mobile platform is similarly responsive but does suffer some short delays when loading up lines or new screens.
      • Stability: The Betfred app was stable on multiple connections, including both the use of WiFi and data connections on mobile devices.
      • Appearance: The Betfred app and desktop site both have a sleek appearance, with pleasing graphics and an interface that didn’t distract from the betting experience.
      • Bet slip building: Betfred has perhaps one of the most versatile and useful betslips on the CO market. This betslip gives users options for parlays, teasers, and a Bet Builder right on the slip, making it one of the more feature-heavy betslips we’ve seen. Options for “quick bets” and the ability to customize how odds changes are handled are really neat features, too.
      • Banking: Betfred could do with an expansion of their banking options, as they are a bit limited. Still, the Play+ card adds some added versatility to Betfred’s cashiering options, so users won’t be disappointed with their choices.

While this mobile app does a good job of porting the functionality of the desktop site over to a mobile interface, there is one minor, yet unexplained, navigational concern. Namely, that top left fold-out menu (those three stacked white lines in the above mobile screengrabs) does nothing. We have navigated all over the app, but found this menu continued to be blank. Useless menu icons aside, the Betfred app is a great companion for any sports bettor.

The great thing about this app, by virtue of Colorado law, is that you can sign up and start betting from anywhere in Colorado. Sitting in the bleachers at Empower Field? Download, sign up, and start betting on the Broncos game that’s unfolding in front of you. The Betfred app is a good addition to the sports bettor’s home screen, boasting the ability to place all your favorite bets from props to 10 leg parlays all at the tap of a finger.

Desktop Platform

The desktop platform is another great way to make use of the Betfred sports betting service. The experience on desktop differs in that it certainly isn’t as portable as the mobile app, but does give users more real estate on their screen to play with.

Additionally, the desktop app is slightly more responsive than the mobile app, not suffering from momentary screen flickers as lines load on your screen. Whether you’re playing on your rig at home or on your phone, you’ll have access to the versatile Betfred slip, boosted bets, and all the features offered by this operator.

Deposits and Withdrawals

Now that you’ve got all the information you need to start betting, it’s important to get an idea of how to fund your account (or withdraw your winnings). Keep in mind that it’s always a good idea to manage your bankroll– it’s a bummer to lose your entire wallet on one bet, so bet smart so you can stay in the game for longer.

A special note about Betfred’s cashiering options: the Play+ card is perhaps the most versatile of all of these options, letting users use third party payment options like PayPal. Additionally, with PayNearMe, simply visit in-person locations to make deposits or withdrawals from your account– check the PayNearMe website for Colorado locations.

Deposit Options

Here are the available deposit options at Betfred:

      • Play+ Prepaid Card
      • PayNearMe
      • VIP Preferred
      • Cash at Cage, Saratoga Black Hawk Casino

Withdrawal Options

Withdrawal options at Betfred are:

      • Play+ Prepaid Card
      • PayNearMe
      • VIP Preferred
      • Cash at Cage, Saratoga Black Hawk Casino
      • Check via snail mail

Pricing and Betting Options at Betfred

Now that you’re ready to bet with Betfred and you’ve got everything set in place, you’ll have quite a few options for betting available to you. Those options include:

      • Moneyline bets, like a bet on the Nuggets to win.
      • Totals or Over/Under bets, wherein you bet on the total expected number of points scored.
      • Parlays, allowing users to place multiple bets for a higher potential payout.
      • Multiple bets all the way from trixies to Goliath bets, the latter of which clocks in at 247 bets on 8 picks.

Pricing at Betfred is, as we’ve stated, competitive. Taking a look at similar sportsbooks licensed to operate in Colorado like DraftKings and FOX Bet, we noticed pricing was on-par for both pregame and live markets but with slightly larger margins on moneyline bets than their competition. It’s always a good idea to compare lines on a few sportsbooks that suit your fancy, but we’ve done most of the legwork in that regard for you, finding that Betfred’s pricing mostly matches up with industry standards.

Odds are subject to change and fluctuate with customer interest and industry algorithms, but there was a seeming trend for live market bets to pay out a few more dollars with Betfred than others. Add this to the plentiful offering of boosted odds on Betfred, and you’ll find a crowd of happy bettors using the service.

Betting Markets

Betfred has everything you’d expect from a sportsbook these days, including national favorites and international markets. NCAA ball is also available, in addition to multiple leagues within these markets (including MLS and international soccer, Canadian football, and more).

      • Baseball
      • Basketball
      • Boxing
      • Football
      • Golf
      • Ice Hockey
      • Mixed Martial Arts
      • Motor Racing
      • Rugby Union
      • Soccer
      • Table Tennis

Quite a few niche/international markets are hosted here, including Rugby Union and table tennis, both of which aren’t always found on US sportsbooks. It’s possible that even more sports and niche markets will be added to the list as time goes on, but for now, you’ve got a good enough selection with Betfred.

Betfred Colorado’s Land-Based Sportsbook

All online sports betting apps in Colorado have to partner with a local casino in order to offer their betting services legally. Thus, Betfred is teamed up with Saratoga Black Hawk Casino as their retail partner. If you’re feeling like having the full casino-resort experience and betting on your favorite sports while you’re at it, visit Betfred’s brick and mortar location in Black Hawk. The physical Betfred location boasts a 1,400 square foot betting floor complete with multiple windows, a lounge, and of course, and a plethora of LED flatscreens everywhere you look.

If you’re looking to do your banking directly at the casino cage, the Saratoga Black Hawk is the place to go. However, all of your wagering and cashiering can be done directly from the mobile app or desktop version of the platform, detailed below in the “Deposits & Withdrawals” section of this review.

Overall Experience with Betfred Sportsbook

Betfred has been offering online sports betting in Colorado since 2020, and it seems to be a worthwhile pursuit for all parties involved. Betfred continues to expand into the US, strengthening their market share and getting access to new customers; Colorado-based sports bettors get access to a solid betting platform with support for multiple devices and a decent welcome offer with few hooks.

The mobile app is functional and a great way to bring your sports bets with you right in your pocket. There are a few minor concerns, namely the short loading delays and the unnecessary, unused menu at the top left, but overall the experience of using the Betfred app is good on all up-to-date Android and iOS devices.

The experience on desktop is even better, as placing bets and navigating the Betfred interface feels a bit more comfortable and responsive on desktop computers, laptops, and the like. When you’re in the comfort of your own home, desktop is a great way to go, while the Betfred app is a great way to bet when you’re on the move.

We’d love to see Betfred add a few more features in the way of customer support, namely an FAQ or some kind of Knowledge Base for users to get their own information regarding bets, cashier options, and more. There are options for email, phone, and live chat support, which is a great selection of support choices for users to get in touch, but the lack of a section for users to find their own answers is surprising. Still, this doesn’t detract from the overall experience of using the app.

On the whole, the Betfred betting service is suited for everyone from the beginner to the experienced bettor as both the app and desktop versions are both fairly intuitive. Fans of both national and international sports will find a home on Betfred, a platform that’s performing well in the Colorado market and expected to bring its feature-heavy platform to more states in the union as time goes on.

Chris Altman has years of experience in online content production and editing. A digital and physical nomad, Chris has spent time writing and working in Europe, South America, and New York City, but now calls Pacific Northwest his home base.