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Betfred Online Sports Betting

Petfre (Gibraltar) Limited trading as Betfred & Oddsking, registered in Gibraltar. Petfre (Gibraltar) Limited is licensed and regulated in Great Britain by the Gambling Commission under account number 39544 and licensed by the Gibraltar Government and regulated by the Gibraltar Gambling Commissioner (RGL no. 036 & 038) for all other customers. These include moneylines, spreads, totals (over/unders) and parlay bets. Betfred Sports offers futures bets, as well.

Betfred Sports came in at the last possible second.

It’s no coincidence the sports betting app launches on the day the NFL season starts. The Houston Texans and Kansas City Chiefs kick off the 2020 NFL regular season.

Fans in the CO online sports betting market who want to wager on the game in Kansas City now have another option from which to choose.

The launch of Betfred brings the total to 14 Colorado sports betting apps in the state since the launch on May 1. The mobile app is available on iOS and Android devices.

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If the name “Betfred” looks familiar, that’s because they have a multiyear agreement with the Denver Broncos. It is an official partner with the NFL organization.

Included in that deal with the Broncos are plans for a game-day lounge on the south side of Empower Field at Mile High for the 2020 season. The goal is to have the lounge close to the Ring of Fame Plaza.

When it’s completed, it will be the first on-site betting lounge in the NFL.

Betfred has also had its retail sportsbook open since mid-June at the Saratoga Casino in Black Hawk. The sports betting company has a market deal with the casino.

As Bryan Bennett, COO of Betfred USA Sports, said in the press release announcing the launch:

“Launching Betfred Sports online betting in Colorado and Iowa in time for the football season is a significant milestone for us. We look forward to utilizing our various partnerships including the Denver Broncos, Sanford International, Grand Falls Casino & Golf Resort and Saratoga Casino Black Hawk to grow our online base and take advantage of our unique offers.”

What can Colorado users expect?

As the news release states, those who download and use the app can expect a seamless betting experience.

One of the huge perks of betting in Colorado is you can do it from the comfort of your favorite chair. That’s obviously the case with the Betfred app, as well.

The release adds that users have access to dedicated pages for college and professional sporting events.

Betfred customers will see real-time updates on a variety of betting types that include straight bets, in-play wagering, parlays, teasers and more. Special offers are also available for Colorado users.

What is Betfred?

The Betfred Group was founded in 1967 by brothers Fred and Peter Done in 1967 in the UK.

Betfred USA Sports wasn’t started until 2019 and is based out of Las Vegas.

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On top of Colorado, Betfred is now a licensed operator in Iowa and Pennsylvania with Nevada up next, pending regulatory approval.

What sports are available at Betfred?

At Betfred you can bet on the NFL, NBA, NHL, MLB, MLS, UFC, PGATour and NASCAR as far as major US sports. The sportsbook also has markets for soccer leagues across the world such as Spain’sLaLiga, Europe’sChampionsLeague and Germany’sBundesliga.

And if college sports are more your style, don’t fret, because you can also bet on collegebasketball and football on Betfred.

Available wagers at Betfred

Betfred has all the standard types of sports bets available at most major online sportsbooks. Here’s a look at how the different bets work:

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  • Moneyline: For these you are just picking which team is going to win, or for sports where ties are possible (like soccer) you can select that, too. Odds listed in negative numbers mean that’s how much money you need to risk to win $100, while odds listed in positive numbers mean that’s how much you would win on a $100 bet.
  • Spreads: Here your pick must take into account an estimated margin of victory. Spreads will often end in 0.5 to prevent pushes from happening.
  • Over/unders: Also called totals, these are bets where you are picking what the combined point or run total will be for both teams in a game. Over/unders also can be for various team and player statistics during games.
  • Props: These are play-based side bets that do not depend on the outcome of a game. You could end up betting on how many points, strikeouts, rebounds, goals, etc. a specific player will have during a contest.
  • Parlays: You are combining a minimum of two selections, and for your parlay to win, you need to get all your selections correct. More picks equal more money, but the more legs in your parlay, the harder the entire bet becomes to get right.
  • Teasers: These are kind of like spread-based parlays, but for teasers you change the lines for all the games you select by the same number of points. Teasers are most typically associated with football and basketball betting.
  • Round robins: Here is another form of multi-selection betting, but unlike with parlays and teasers, you do not need to get every pick correct in order to win at least some of your bet.
  • Futures: These are bets on events that could be weeks or months down the road. The most common futures bets are for teams to win division or conference titles and championships, or for players to win MVP awards.

Live betting at Betfred

If you are new to sports betting, you might be unaware that thanks to sports betting apps like Betfred you can now bet on games that already have started thanks to live betting.

With live betting, also known as in game betting, odds will change nearly constantly depending on what the score is, how much time is remaining in a game, which team has the ball, player injuries and foul trouble, etc.

Betfred offers live betting for most sports, and you are able to bet on everything from which team will win, who will cover the spread, over/unders, prop bets and even what will happen during the next play in some games.

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Just be sure you have a good internet connection and that however you are watching the game is not delayed because the last thing you want to do is place a bet only to find out the situation in the game isn’t what you thought it was.