When Was Betfred Established? Updated for October 2025

Updated: 13th October 2025

Betfred is a well-known name in the betting industry, offering a variety of gambling services, including sports betting, casino games, and online gaming. But when was Betfred established? In this article, we will explore the history of Betfred, its founders, and how it has evolved over the years to become a significant player in the betting market.

The Founding of Betfred

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 operated a small number of betting shops. The company gained popularity due to its competitive odds and customer-friendly service. By the 1980s, 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 user-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 established? The answer is 1967. Since its humble beginnings in Salford, Betfred has grown into one of the leading names in the betting industry. With its commitment to customer service, innovative online platform, and responsible gambling practices, 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 offers a comprehensive betting experience that caters to all preferences. With over 50 years of experience, Betfred is a trusted name in the industry, making it a go-to choice for many betting enthusiasts.

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