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Betfred Promo Code South Africa [2024]

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🎁 Betfred SA welcome bonus100% up to R5,000
bonus code
👨‍💻 Refer a FriendR50 voucher
bonus code
💰 Birthday bonusR100 reward
bonus code

Our team at Silentbet evaluated Betfred promo codes & rewards for South African patrons in 2024 and found an impressive set of sports betting, horse racing, and Vegas games bonuses. The main promo of Betfred South Africa offers all new customers up to R5,000, and you don’t need to use a Betfred promo code. These offers are also available through the Betfred app.

  • Free Bet
  • Refer a friend
Betfred - R50 Invite A Friend Bonus
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  • Deposit Bonus
Betfred Deposit Match
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  • Winnings Boost
  • Bet Boost
Betfred Daily Boost
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  • Bet Insurance
Betfred Soccer Bet Insurance
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  • Lotto
Betfred Nifty 50 Consolation
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  • Sign up offer
Betfred R5,000 First Deposit Match
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How to Apply Betfred Promotion Code?

Top betting sites make it so easy for punters to claim a bonus coupon. Although you will not need to enter an actual Betfred bonus code, here are a few steps to follow before they can enjoy your welcome offer.

betfred promo code enter
  1. Open the official Betfred website and click the “Join” button. If you have already opened an account, then you should fill the Betfred login online fields in order to enter your account.
  2. Enter your personal details and verify your phone number to complete the sign up.
  3. Next, you have to go to the deposit section, select a payment method.
  4. Within two hours, you will be able to enjoy your bonus with no need to enter Betfred bonus code or any other coupon or voucher.
  5. The website will match your deposit with extra credit and free bets.

Get R5000 bonus

Betfred Welcome Bonus for South African Players

betfred welcome bonus sa

There are so many opportunities for players to boost their account balance and get more value. The first of Betfred promotions South Africa is a 100% match deposit bonus up to R5,000. Players will automatically qualify for the welcome bonus voucher as soon as they make their first deposit.

The gaming site will then transfer the extra funds into your account within 2 hours. When using the Betfred bonus, you can wager on plenty of events with just a few restrictions.

Terms & Wagering Requirements for this promo code

  • You must transfer at least R50 into your account in order to claim the Betfred welcome bonus.
  • You can only place bets at 15/10 (2.50) or higher odds, and live betting is not supported.
  • You will also need to wager 5x the welcome bonus amount before you can claim a payout.
  • Furthermore, you should keep in mind that there some payment restrictions apply.
  • The bookie legal team also has to verify that you are at least 18 years of age.

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Compare with these alternative bonuses:

First Bet Bonus for New Accounts

betfred sa first bet bonus

Another exciting signup promotion is the First Bet welcome bonus. All you will need to do is follow the Betfred register procedure, deposit and place a bet. The sports betting site will give you 3 times your wager amount as bet credits stake. So, if you stake R100, you will get R300.

The maximum bonus amount here is R5,000 but you cannot make a withdrawal before completing the 5x rollover requirement. You may use the promotional funds to bet on pre-match or live betting markets with minimum odds of 1/1. However, players can’t bet on lottery games using these bonus funds.


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More Betfred Promo Code Rewards for SA

There are colorful Betfred rewards for all new signups, and existing customers can keep their wallets in good shape by staying up to date with the promotions page. Let’s have a look at the best ongoing promotions.


Refer a Friend Bonus – /Available Soon/

betfred refer a friend bonus

A creative way for regular players to top up their Betfred account is through the Refer a Friend program. You earn a R50 reward whenever you encourage a friend to signs up. You will need to join the loyalty program and then add your friend.

The gambling site will then assign a specific code to your account and your friend must join up using this reference. The sportsbook allows customers to cash this reward as many times as possible, but only after your friend has deposited at least R50.


Birthday Bonus

betfred birthday bonus

The website celebrates customer birthdays with a fantastic R100 bonus. Simply log into your account and the sports betting site will send you the extra funds automatically. The most appealing factor about this casino bonus is the customer does not need to deposit.

However, your bonus balance is not available for withdrawal immediately. You will need to meet the 5x wagering requirements and while the bonus is active, you can only make bets with min odds of 1/1. Multiple bets are eligible at 1/4 odds for each leg.


Sports Offers at the Betfred Sportsbook

betfred sports promotions za

The sbook offers a very wide variety of local and international events to bet on and you will also get decent promos to complement your experience. So, if you want to get some action on the UEFA Champions League and other major sports events, here are the best sports bonus offers to try.

10% Cashback on Sports Losses

The Betfred site understands that sometimes players run out of luck, and offers a 10% weekly cashback promotion as a helping hand. Punters can bet on soccer, rugby, or cricket throughout the week.

If they hit a rough patch after betting at least R250, the betting site will reimburse 10% of their net losses. The cashback amount will be paid out on Fridays and the maximum sports bonus here is set at R5,000.

30% Extra Multiples Boost

The 30% Extra Multiples Boost Betfred promo code is designed for high-stake bettors. By adding more selections to your betslip, you get up to 30% extra profit.

This operator offer is valid on any pre-match sporting events, whether domestic or international but additional legs must have at 7/20. Adding 3 events will give you an extra 3% while 25 to 50 events will boost your payout by 35%.

1 Leg Out Stake Refund

Unlike each way bets, multiple wagers come with a high risk. So, the bookie offers to pay back your stake when you are just 1 leg away from victory.

The stake refund is up to R2,000 and you will have only 48 hours before the bonus expires. Qualifying bets must select include at least 7 events at odds of 4/10 or higher and lose by a single leg.


Casino Promotions at Betfred.co.za

You can also visit the Betfred Games section and claim some exciting promotions. Check out these offers below.

Free Spins Accumulator

betfred free spins

Get over 100 free spins each week when you play your favorite casino slots. Just opt in and get started with 10 free spins and then continue to play AGT slots to earn yourself even more spins.

Log in each day and make the specified minimum deposit. By the end of the week, you will have enjoyed more than 100 spins. Eligible games include 100 Hot Pepper, 5 lucky Clover, and Green Hot.

Free Spins Cashback

The Free Spins Cashback casino bonus allows players to progressively accumulate a percentage of their stake in free spins. All you have to do is consistently play participating games and when you accumulate losses the Betfred pays you back up to 10%. The more slots you play, the more FS you earn.

Drops & Wins

The Betfred website is powered by Pragmatic Play, a top software provider which runs exclusive tournaments, including a whopping R40,000,000 jackpot. To get your slice in this casino bonus, you will need to play slots like Wolf Gold and Sweet Bonanza. A R10 minimum deposit amount is also required.


Horse Racing Specials at Betfred.co.za

In addition to the bulky sports market collection, punters can enjoy horse racing betting and a host of promotions.

Fred’s Double Odds

betfred boosted odds

This daily odds boosts promotion for horse players is available everyday between 11:00 and 12:00 on specific racetracks. The maximum win is R5,000 and this will be added immediately to your cash balance, since there is no rollover requirements. The bonus rules are pretty simple and if you miss out on the promotion on a particular day, you can still catchup the following day without hassle.

Best Odds Guaranteed

Best Odds Guaranteed means if the odds get better after placing your wager, you still get the higher return upon bet settlement. This deal is randomly offered on selected races and is advertised on the website banner.


Lucky Number Bonuses at Betfred.co.za

The operator has some good bonuses in the Lucky Numbers department and you can play seamlessly on the mobile app.

Free Numbers Bet

betfred free bet for lucky numbers

Lottery-style games make for a thrilling gaming experience and with this Betfred promo code, you will get a free bet worth R50. Players must spend at least R50 daily for 5 consecutive days. And on the 6th day they receive a R50 free bet amount credited each day.

Nifty Fifty Consolation

The Nifty Fifty lottery game offers an unbelievable grand prize of R5,000,000 from as little as R1. You have to match 6 numbers to hit the jackpot but this Betfred bonus code still gets you a nice consolation to the tune of R10,000 if you get 5 of them. You, however, cannot claim the consolation prize using free bet stakes.

Why opt for the Betfred SA Promotions

So why are Betfred promo codes so important? First, a bonus allows you to play for longer, which potentially increases your winning chances. A welcome offer is essentially an opportunity to learn the ropes using free credit. If you have sports markets you don’t quite understand, a bonus will be the perfect opportunity for you to give it a go.

Players can use various offers from the app to try out newly launched games without quickly exhausting their bankroll. Established customers also enjoy the lower risks that come with bonuses, with promos like Odds Boosts and Best Odds Guaranteed helping customers maximize potential returns. Overall, the sportsbook and casino offers let you play and have more fun without putting excess pressure on your bankroll.

  • Pros
  • Low 5x wagering requirement
  • Promotions for sports, casino, lottery, and horses
  • The minimum deposit for bonuses is only R50
  • No bonus code required
  • No deposit required for birthday and referral promos
  • Cons
  • Welcome bonus is not casino-friendly
  • Bonus funds expire if wagering conditions are not met

Is There a Betfred No Deposit Bonus?

We couldn’t find a no deposit Betfred promo code but there are plenty of options for both new customers and veteran players throughout the year. And you will find that the minimum deposit for most promotions is quite reasonable.

Players can also enjoy the Birthday Bonus without making a deposit. You will only need to log into your account on your birthday and the bonus amount will be credited automatically. The Refer a Friend program also gives you a R50 reward when your referral signs up. There is no need for you to deposit funds.

Mobile Bonus – Is It Available?

There is no particular Betfred promo code for mobile punters in South Africa. The good thing is you get to enjoy all the special offers on the Betfred mobile app. You can also access the gambling platform through your mobile phone browser and get a top-notch betting experience.

Payment Options

Having efficient payment methods makes it easier for players to claim bonuses. The brand allows you to deposit using Visa or MasterCard, both popular payment methods. However, SA players may prefer to deal with locally run deposit methods that do not attract huge fees.

To place a minimum deposit with low fees, players can use vouchers like OTT Voucher, Blu Voucher, or 1Voucher. You can purchase these from your local supermarket. But, by far, the most popular payment method is Ozow EFT which links you to your bank account instantly and simplifies your transactions. Here is a chart, detailing the banking options after we discussed them with the betfred management team.

Payment Method Deposit Minimum Deposit Maximum Time for Deposit 
Visa Logo VisaZAR 20ZAR 5,000Instant
MasterCard Logo MasterCardZAR 20ZAR 5,000Instant
OTT Vouchers Logo OTT VouchersZAR 10ZAR 1,000Instant
Ozow Logo OzowZAR 10ZAR 1,000Instant
Blu Voucher Logo Blu VoucherZAR 10ZAR 1,000Instant
EFT Secure Logo EFT SecureZAR 10ZAR 1,000Instant
Payment Method Withdrawal Minimum Withdrawal Maximum Time for Withdrawal 
Visa Logo VisaZAR 50ZAR 200,0003-5 Working Days
MasterCard Logo MasterCardZAR 50ZAR 200,0003-5 Working Days
OTT Vouchers Logo OTT VouchersZAR 200ZAR 3,000N/A
Ozow Logo OzowZAR 200ZAR 25,000Up to 24 Hours
Blu Voucher Logo Blu VoucherN/AN/AN/A
EFT Secure Logo EFT SecureN/AN/AN/A

*Mind you, there is no need to enter promo codes before deposit.


What is the latest Betfred South Africa promo code for 2024?

The gambling site is offering up a R5,000 bonus and players don’t need to enter a Betfred promo code. All you need to do is sign up, complete the verification process, and make an initial deposit.

What is the welcome bonus for new SA players at Betfred.co.za?

All new customers either receive a R5,000 match deposit bonus or the website triples their first bet up to R5,000. The wagering requirements for both options is 5x the bonus amount.

Can I get free bets on Betfred ZA?

Yes, players get a daily Betfred promo code offering a free bet with a bet settlement on Lucky Number, the lottery-style game. Punters must wager R50 daily and on the 6th day, they will receive the free bet credit as one of the best betfred offers.

Are there any free spins for the Betfred casino?

You can get up to 100 FS in the weekly Free Spins accumulator. The free spins expire after seven days.

What is the rollover at this SA betting site?

In the main offer and most of the bonuses, you will be required to meet a 5x rollover. If you receive R500 from a Betfred promo code, it means you will need to make real money bets worth R2,500 before you can withdraw your winnings from the betfred sportsbook.

Are the bonuses for Betfred website South Africa worth it?

The bonuses at Betfred sportsbook are not tied to complicated requirements. The rollover is also pretty low, at just 5x. Therefore, it’s very easy to take advantage of these offers.

Is there a betfred casino welcome offer?

There are plenty of promo code offers for the casino but not a signup one for now.

Final Rating of Betfred SA Promotions

Sport Welcome Bonus
Offers for Existing customers
Terms & Conditions
Free Bets
93%Overall Rating

The bottim line: our review and test of all Betfred promo codes for South Africa in 2024 is ready. We give the bonuses at Betfred.co.za an overall positive score after our evaluation.

All new customers can claim up to R5,000 in the match deposit or they may opt for the triple boost when they make their first ever wager. There’s no need to enter a Betfred promo code with either bonus.

Over a dozen Betfred sportsbook and casino offers are available for existing customers. Horse bettors can claim the Best Odds Guaranteed, and casino players get up to 100 free spins in the daily FS Accumulator. Overall, this gambling site has the best promotions with very low rollover, providing South African customers real value. We recommend you not use the betfred promo code you find online before you check with the official site first.

R5,000 First Deposit Match
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    Ernest Masuka
    Ernest Masuka specializes in content writing, specifically online casino gaming and sports betting content. He is an expert on gambling in South Africa.