Betfred Fred Bets - Bet $50, Get $250 Promo

New Betfred customers in Arizona, Colorado, and Iowa can get up to $250 in Fred Bets after they sign up online using one of the buttons on this page!

Betfred's welcome promo is a bit different from other sportsbooks' welcome offers as it is paid out in segments over the course of a couple of weeks, but we'll explain that in more detail below.

Follow these steps to claim the Betfred Sports Fred Bets promo!

1. Tap any of the green “Claim” buttons on this page.
2. Sign up and create your new Betfred Sports account.
3. Deposit funds into your account (minimum $50, but we recommend $52, keep reading to find out why).
4. Place your first bet of at least $50 on an event with odds of -200 or greater. For example, a bet on an event with -100 odds would qualify, while a bet on an event of -220 would not qualify.
5. Immediately following step 4, Betfred will credit your account with a $100 Fred Bet.
6. On the following Monday, Betfred will credit your account with another $50 Fred Bet.
7. In order to receive another $50 Fred Bet on the following Monday, you must place a wager of at least $1 during this week. Again, you must place this wager on an event with odds of -200 or greater in order to qualify for your second $50 Fred Bet.
8. Repeat step 7 the following week to receive your final $50 Fred Bet.