When Was Betfred Established? Updated for May 2025

29/03/2025 | Categories: Bookmakers | Published by: Andy Nelson

Updated: 22nd May 2025

Betfred, its founders, and how it has evolved over the years to become a significant player in the betting market.

The Founding of Betfred

When Was Betfred Established? - Betfred an Independent Bookmaker founded in 1967

Betfred, an Independent Bookmaker, was founded in 1967

Betfred was established in 1967 by Fred Done and his brother, Peter Done. The company began its journey as a small bookmaker in Salford, Greater Manchester.

The name “Betfred” is derived from the name of its founder, Fred Done. Initially, they focused on offering traditional betting services, but over the years, they expanded their offerings to include a wide range of gambling options.

Early Years and Growth

In the early years, Betfred had increased its presence in the betting market, opening more shops and diversifying its services.

1967: Betfred is founded in Salford, Greater Manchester.
1980s: Expansion of betting shops across the UK.
1990s: Introduction of online betting services.

Significant Milestones in Betfred's History

Betfred has achieved several milestones since its establishment. Here are some key moments in the company’s history:

2004: Betfred launched its online betting platform, allowing customers to place bets from the comfort of their homes.
2011: The company acquired the Tote, a UK-based betting company, further solidifying its position in the market.
2017: Betfred celebrated its 50th anniversary, marking half a century of service in the betting industry.

Betfred Today

As of now, Betfred operates over 1,600 betting shops across the UK and has a robust online presence. The company offers a diverse range of betting options, including:

Sports betting on various events, including football, horse racing, and more.
Casino games such as slots, blackjack, and roulette.
Virtual sports and gaming options.

Betfred is also known for its promotional offers and bonuses, which attract new customers and retain existing ones. Their -friendly website and mobile app make it easy for punters to place bets anytime and anywhere.

Betfred's Commitment to Responsible Gambling

In addition to its wide range of betting options, Betfred is committed to promoting responsible gambling. The company implements various measures to ensure that its customers gamble safely. This includes:

Providing information on responsible gambling.
Offering self-exclusion programs for customers who need a break from gambling.
Setting deposit limits to help customers manage their spending.

Conclusion

So, when was Betfred continues to thrive and adapt to the ever-changing landscape of the gambling world.

Whether you are a seasoned punter or a newcomer looking to try your luck, Betfred is a trusted name in the industry, making it a go-to choice for many betting enthusiasts.