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BetFred Exposed – A Chance to Win by Picking Only 5 Numbers!?

Nick Silver
Sun, 13-Oct-2013 10:29
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Don’t Bet on BetFred.com for Lottery Tickets

Call me conservative, but when I play online lotteries, I’m after that big jackpot. I’m not there to bet. BetFred.com offers a chance to win with only picking the correct 5 numbers for any lottery including those that play 6 and 7 numbers. It is a betting site that uses official international lottery numbers and not a place to purchase lottery tickets online.

Stay for a while and visit our Recommended & Approved Lottery Ticket Sellers.

How BetFred Lotto Betting Works

BetFred.com uses existing international lotteries for people to make bets on. Players choose five numbers they think are going to be drawn irrespective of how many balls are part of the actual lottery. Winning pays out for five tiers starting at one correct ball up to five correct balls. How much can be won on each tier depends on your ‘stake’. As an example, with EuroMillions if your stake is €1, then the top prize of nailing 5 correct balls is €150,000. But if a player bets €2, then the top prize would be €300,000. These folks are not buying lottery tickets but paying out against players betting on the numbers that will be drawn. This is for single betting. Then there is the option to do multiples which gets a whole lot more complicated in the different combinations that can be played. Including the bonus ball option decreases the levels of wins.

Hang On – BetFred.com’s FAQs

According to the FAQs, the maximum payout to any one customer is limited depending on the lottery. This means that though a player might increase a specific stake, if a player gets all 5 balls correct within the lottery number drawn, there is a maximum that can be won which is not reflected in the amount identified at the time of placing the stake amount in.

Games at BetFred.com/lotto

BetFred.com accepts bets on the EuroMillions, 49’s, UK, Irish, Canadian, Spanish, German, Greek and other lotteries. Each lottery has its own scale of wins and pays in the currency of the draw.

BetFred’s Betting Bonus Bonanza

“Fred” also offers a Betting Bonus Bonanza of betting on the bonus ball in different lotteries including the actual bonus number, odd or even, color of the bonus ball, total sum of the numbers drawn, color of the first ball drawn and other combinations. I think I’ll stick to good old fashioned online lottery tickets.

Winning at BetFred.com

There is a lot of information in the terms and conditions on what BetFred.com can do with people’s winnings and very little information on how a player can withdraw winnings from their account.

Betfred.com Currencies

All transactions at Betfred.com use US Dollars, Euro and UK Pounds. Accounts can be set up (and winnings received) through Visa, MasterCard, Visa Electron, Paypal, Neteller, Moneybookers, bank transfer and checks. They also advertise Ukash, Skrill and Maestro on their website but when a player gets into the nitty gritty, they don’t show as available. Maybe these are reserved for horse racing and other sports betting.

Who Can Play at BetFred.com

Players at BetFred.com must be of legal age (18 years or older) and not a resident of Turkey, Israel, Cyprus, Greece, Kyrgyz Republic, Estonia or the United States of America and its territories.

What Else at Betfred

Betfred.com also offers Sportsbook (football and horse betting), Euro 2012, casino games, poker, skill games, bingo, virtual and live casino. They also added slots. Some of their games involve downloading and some are played live.

BetFred.com’s Customer Service

Besides a whole bunch of different email addresses plus a snail mail address in Gibraltar, these guys have live chat 24/7. The only issue is, they don’t seem to be able to answer questions immediately and have to refer back to ‘their traders’. Further, they also wanted my user name, date of birth, full name and security question before answering any questions. This was rather frustrating given the questions I wanted to ask directly related to whether or not I would play on this site. They finally did answer my questions, though it took a great deal of time.

Who is BetFred.com

BetFred.com is owned by Petfre (Gibraltar) Limited and is registered in Gibraltar, regulated by the Gibraltar Gambling Commission. I was advised by live chat that there is actually a Fred though she wouldn’t give me any particular details. I finally was advised that ‘Fred’ is the name of one of their co-founders, Fred Done.

The Bottom Line

This is a betting site that should keep to horse racing and other casino games. Their betting on lotteries looks a little questionable though we were not able to confirm any complaints from anyone.

Pros:

pros Different Options to Win
pros Different Games to Play

Cons:

cons Where Is My Lottery Ticket
cons No Big Jackpot
cons Who’s Fred

Playing online lotteries is fun and I think BetFred.com has taken it all a little too far. This is a private company that is really a casino. For playing online lotteries, this site gets a thumbs down.

Please check out our Amazing Lottery Promotions page.

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About 

Hello everyone, my name is Nick and you can find me on Google+. I am a founder and a primary author of the LottoExposed.com. Here we are exposing online lottery agents, software and syndicates. Only on our site you will find a real truth about the lottery. Playing lottery is in my veins, writing about it makes most of my time. My life motto is: “You don’t have to be great to start, but you have to start to be great.” So start doing and stop dreaming!

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