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Betfred Licenses & Seals of Approval. Is Your Data Safe?

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Betfred is an extremely safe place for online gambling. It holds licences from both the Gibraltar Government where its holding company is registered and where it is regulated by the Gibraltar Gambling Commissioner and from the United Kingdom’s Gambling Commission.

Licenses and Seals of Approval Held by Betfred

For its operation in the UK, the official licence of Betfred has been issued by the United Kingdom’s Gambling Commission. The Gambling Commission is responsible for regulating and licensing all gambling businesses which operate in the UK, including bookmakers. Betfred could not legally operate in the UK without a licence from the Commission. The Commission ensures that Betfred bookmaking operations are conducted in a fair and open way and that Betfred’s gambling operations, including bookmaking, are not used for criminal activities, including money-laundering, and that children along with vulnerable people are protected.

Among its oversight activities, the Commission carries out reviews of and visits to licence holders. It can take remedial or preventative action and can vary or impose conditions on licences. It can take regulatory action, including the imposition of financial penalties. Ultimately it can revoke a licence. For its operations outside the UK, the official licence of Betfred is issued by the Gibraltar Gambling Commissioner. Licences from the Gibraltar Gambling Commissioner are extremely difficult to obtain. As at June 2017, only 29 companies had been issued licences. To make a successful application a company must demonstrate that it is a blue chip company with a proven financial track record in a respectable jurisdiction with a good financial standing. The company must also demonstrate that it has a realistic business plan. All of the above means that Betfred is well regulated and as safe as can be a bookmaker.

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Where Betfred Operates Legally

A number of websites claim to be able to tell you which countries Betfred operates legally in. Whilst they may give you a long list of countries where gambling on Betfred is supposedly legal attempting to register on Betfred’s official website will show that they only accept registration from people in the United Kingdom, Republic of Ireland and Gibraltar and only accept payment in British pounds or Euros.

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Betfred Users reviews (10)

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Pros

Generally speaking, I like Betfred. Is it the best bookie in the world? I don't know - I haven't placed bets at every bookie in the world. But I have placed them at Betfred, and so far, I haven't felt the need to place them anywhere else. There's enough markets to keep betting fun and engaging, and I haven't run into any trouble. Withdrawals from a big win were a little bit slow, but support were very polite about it and ultimately I received my money.

Cons

The withdrawal process was a bit slow.

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Pros

Cons

I opened a betfred account and deposit a 20 pound in to my account and I tried to play and I t would not let me play

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Absolute parasites, furlough all their stasff during a npandemic, and treat their customers with contempt when they win. Total bunch of gutless cowards, avoid at all costs, many bettwer options out there

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Pros

None

Cons

Forgot password can’t get new one betfred holding my money

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can t get account as they say email already on system so what im 61 years old am new to all this computer stuff ile take my buisness elsewhere and heres my f\\\\\\\g email [email protected] check me out

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