Betfred Louisiana Promo Code for October 2022

Expected Bonus
$1,500 Risk-Free Bet - T&C's Apply
4.8
Overall
Bonuses and Promotions
4.8
Odds VS. The Competition
4.5
Market Depth & Variety
4.8
Deposit & Cash Out
4.8
Mobile App
4.8

Betfred Sports was the first retail sportsbook available in Louisiana. Betfred was so on the ball that they partnered with Paragon Casino Resort in Marksville and launched retail sports betting last fall. Now Louisiana residents can find Betfred sports wagering at Paragon’s Draft Room: a dedicated sports bar and sports wagering arena.

Earlier this year, mobile betting became available in Louisiana. While Betfred has not launched its app in the state, we expect the Betfred Sportsbook app to be available in Louisiana sometime in early spring. The mobile platform will most likely launch as one of Paragon’s two mobile sports betting skins. Today, let’s break down Betfred’s mobile sports betting platform in detail so you know what to expect when it arrives.

Banking Options
Deposit Bonus
Strong App

 

Betfred Louisiana Sportsbook Promo Code For October 2022

Like all mobile sportsbooks, we expect Betfred to offer an opening bonus for new account holders when the app is live in Louisiana. The possible offer includes a $1,500 risk-free bet.

Official details expected to be available at a later date.

Terms & conditions apply.

⭐️Betfred Louisiana Promo CodeTBD
💰 Expected Bonus$1,500 Risk-Free Bet
🇺🇸 What States Allow BetfredAZ, CO, IA & PA
⚖️ Betfred’s Land-Based PartnerParagon Casino Resort
✅ Promo Code Verified ForOctober 2022

See Betfred In Action

4.8
Promos

Mobile betting is now live in Louisiana, and while Betfred has yet to launch its mobile app in the state, we expect Betfred to offer an opening bonus for new account holders. The possible bonus includes up to a $1,500 risk-free bet. After the bet settles, no matter whether you win or lose, you’ll get free bet credits in the same amount as the wager. It’s sort of like a risk-free bet in this way, although this particular bonus is better since you get the free credit even if you win your first wager.

As far as terms and conditions, keep in mind that there is usually a deadline of seven days after receiving your free bet credits (not after making your account). You may need to use your free bet credits before this deadline to take advantage of the opening bonus in full. Just be sure to read the full terms and conditions once the official offer is available.

The Betfred mobile app also has its own dedicated promotions page located on the left-hand side of the platform screen. You can click here to access all ongoing promotions; we especially like that each promotion has a “learn more” button that breaks down how every promotion works, which is very useful for new sports bettors.

All in all, Betfred has a great spread of promotional opportunities for new and veteran sports bettors alike. Its opening bonus is also one of the best we’ve seen in terms of generosity and accessibility.

4.5
Odds

Betfred’s odds aren’t always the best flatout, but the sportsbook occasionally offers advantageous lines to bettors.

Betfred: Point Spread And Totals Odds

Odds ComparisonBetfred Point SpreadFanDuel Point SpreadBetfred TotalsFanDuel Totals
Boston Celtics+4 (-115)+4 (-114)Over 211.5 (-115)Over 212.5 (-110)
Golden State Warriors-4 (-105) -4 (-106)Under 211.5 (-105)Under 212.5 (-110)

Above you’ll find a look at Betfred’s odds for the Celtics-Warriors matchup compared to FanDuel’s lines on the same game. They tell an interesting story. Betfred is the obvious choice if you bet on the Warriors to cover, offering slightly better odds on the same line. FanDuel is the better option for Celtics bettors, offering an incrementally better payout on Boston to cover.

As for totals, there’s some variation to account for. Betfred’s line is one point less than FanDuel’s but the odds change accordingly. If you want to bet the over, Betfred has the better line but a slightly worse payout. If you think FanDuel’s line has a chance to hit, the odds are better, so it might be a solid option. Meanwhile, under bettors might favor FanDuel’s line because it offers the extra point, but the potential payout is lower than Betfred’s. It’s all about choosing your numbers carefully. These differences underscore the need to shop around to find the best odds when you’ll looking at a specific bet.

Betfred Moneyline Odds

Moneyline bets are popular in baseball because the sport is slow and low-scoring. Here’s a look at one game’s odds at Betfred and FanDuel, offering a solid comparison of moneyline odds.

Odds ComparisonBetfred MoneylineFanDuel Moneyline
SF Giants+110+108
PHI Phillies-125-126

In this scenario, Betfred is a no-brainer on both sides of the bet. The Giants moneyline would pay out $110 on a $100 bet, $2 more than fanDuel. Meanwhile, a Phillies bet of $125 would pay $100 at Betfred. FanDuel would require one dollar more for the same payout. It’s not often that a sportsbook beats out its competitor on both sides of a wager like that, but Betfred has done it here. It’s another example of small differences making odds shopping worth your while.

 

4.8
Depth

Any mobile sportsbook worth your time and money will have excellent market depth and variety, which will allow you to place bets on all kinds of sporting events, matches, prop betting lines, and tournaments.

Fortunately, Betfred allows you to make all the standard wagers you want to see a great sportsbook app, including moneyline, spread bets, over or under bets, prop bets, parlay bets, futures bets, and much more. Since there aren’t many limitations on bet types in Louisiana, you’ll be able to put money down all these wagers to your heart’s content.

Betfred also has great market depth and variety for major US sporting leagues and events. These include NFL games, NBA games, NHL games, MLB games, and more. You’ll find betting markets for NASCAR, PGA Tour, UFC, MLS, and other sporting events, as well.

That’s not all. It’s no surprise that Betfred has markets for soccer leagues around the world, including Europe’s Champions League and the Bundesliga league from Germany. Betfred is a European-based company, so the betting markets for international sports will be a little superior on this betting platform compared to those offered by American-focused sportsbook operators.

Betfred even allows college basketball and football bets if college sports are your favorite competitive events to wager on. All told, Betfred’s market depth and variety are pretty good – the only place it suffers slightly is in niche sporting events like eSports. In that case, larger sportsbook operators like DraftKings have better betting line options.

4.8
Cashout

Betfred offers a variety of remote deposit methods so you can fund your account as conveniently as possible, including credit card transactions, Skrill transactions, e-check for ACH transfers, PayNearMe terminal transfers, and Play+ Prepaid Card purchases.

Withdrawal options are similar, with the added option to withdraw your cash at Paragon Casino’s retail cage (you can, of course, make deposits in this manner as well). Like many other sportsbooks, Betfred does a pretty good job in terms of offering ultimate deposit and cash-out flexibility. You shouldn’t have any trouble funding your account or retrieving your winnings with the sports betting platform when it launches in Louisiana.

4.8
App

An ideal mobile sportsbook app will have a navigable interface and excellent design. Fortunately, Betfred has both elements and is a great mobile platform from start to finish.

You can access your account at any time by clicking on a simplistic icon in the top right-hand corner of the screen. As mentioned, Betfred also makes it easy to access ongoing promotions thanks to a dedicated page on the website and mobile app.

Your betting slip is located on the right side, and navigating there or placing bets is quick and simple no matter whether you are a beginner or veteran sports bettor. The only downside with the website’s interface is that all available sports are also listed on the right-hand side of the screen. So you can browse sports and have your betting slip up at the same time.

This limitation is notably removed with the mobile app version of Betfred. On the mobile platform, sports listings are at the top and bottom of the page, so using your slip and browsing available sports betting lines simultaneously is more than possible. Hopefully, Betfred will eventually change the desktop interface to mirror the mobile app interface. 

Fortunately, Betfred offers good customer support channels, including emails and phone numbers for texting or calling. 

We’d also be remiss if we didn’t mention live betting on Betfred. Like most other major sportsbook operators, Betfred offers in-game betting with algorithmic betting lines and odds that nearly constantly change based on the score, time remaining in a game, and other factors. Live betting opportunities are available for most sports on Betfred.

But note that Betfred doesn’t have live streaming as some other sportsbook apps do. Because of this, you’ll need to watch the game on a desktop computer or TV while placing your live sports bets on Betfred.

4.8
Overall

As you can see, Betfred offers a lot to appreciate for both new and veteran sports bettors alike. It has a very good mobile app with a navigable interface (in fact, it’s superior to the desktop version of the site), plus good betting market depth and variety for US professional sports, college sports, and even European or international sports.

The opening bonus is fairly generous, and the ongoing promotions mean that there’s always something new to check out if you run out of standard wagers to place. You’ll also appreciate the plethora of deposit and withdrawal options available.

We expect the Betfred mobile app to launch in Louisiana sometime in early spring. In the meantime, check out the retail sportsbook at Paragon Casino Resort to get a taste of Betfred for yourself.

Is Betfred Sportsbook Legit?

Absolutely. Not only is Betfred already available and licensed in states like Colorado, Iowa, and Pennsylvania in addition to Louisiana, but it is also looking to acquire licensure in states like Nevada.

All this means that has already been investigated and reviewed by multiple state authoritative or regulating bodies. Those states and their governments haven’t found any problems with Betfred, which means you shouldn’t need to worry about your money being stolen or your identity being compromised with Betfred in Louisiana.

On top of that, Betfred is already partnered with Paragon Casino Resort. Indeed, its retail sportsbook is already up and running and a great place to place bets with others. A legitimate company wouldn’t have gotten approved so fast. Simply put, Betfred is the farthest thing from an offshore or illegal betting site, despite its European origins.

Why Choose Betfred Over Illegal Betting Sites?

Since sports wagering is now legal in Louisiana, using an offshore or illegal betting site is an even worse idea than usual. Offshore and illegal betting sites:

  • Don’t have good digital security, putting your personal information and funds at risk from both themselves and hackers
  • Don’t usually have good betting odds, meaning any wagering action you do get will be subpar
  • Are not beholden to state or national laws, so there will be no one to turn to if they steal your money or personal information

Betfred is the exact opposite in all these respects. It’s licensed and regulated, has good digital security, and has excellent betting odds for you to check out.

Why Can You Trust Betfred Sportsbook With Your Money?

Betfred hails from Europe and has a long history of trustworthy operation and success in several European countries and many US states. On top of that, Betfred uses SSL certification and antivirus security to protect your personal information and funds.

Bottom line: Betfred is a legitimate sports betting organization, has already been investigated and licensed by other regulating organizations in other states, and wants to stay legit so it can keep operating in Louisiana. 

Betfred Sportsbook Fact Sheet

How old do you have to be?21
What states is it legal in?AZ, CO, IA & PA
Who is Betfred’s partner in Louisiana?Paragon Casino Resort
Launch date in LouisianaTBA

Betfred Louisiana FAQs

Is it legal to bet on sports online at Betfred in Louisiana?

Not at this time. However, Betfred is legal in Louisiana at its retail location, which is located at the Paragon Casino Resort. This retail sportsbook is one of the best in the state and is chock-full of amenities, plus has excellent seating options and big TV screens so you can watch the action unfold as you place your bets.

How old do you need to be to bet online using Betfred in Louisiana once it launches?

You’ll need to be 21 years of age or older to make an account and, therefore, place a mobile sports bet.

Can you sign up for Betfred from anywhere within Louisiana state lines?

Once it launches, yes. You’ll be able to sign up for Betfred Louisiana so long as you have your ID and other necessary information so that Betfred’s staff can verify your identity and account.

Can you do in-play betting using Betfred at Louisiana?

Once the mobile app launches, yes; in-play betting will be available on Betfred mobile sportsbook.

Do you need to be in Louisiana when you place a sports wager using Betfred?

If you download the Louisiana version of the mobile app, yes. Geolocation software will be included with the app’s installation, which will track your location and prevent you from placing a bet outside Louisiana state lines.

Who is Betfred partnered with in Louisiana?

Betfred has a retail sportsbook at Paragon Casino Resort in Marksville. While details are scarce at the moment, it’s all but assured that Paragon will also be Betfred’s online partner so it can acquire licensure for mobile sports betting.

About the Author

Amber Hoffman

Amber Hoffman is Managing Editor of LouisianaSharp.com. A recovering attorney, she's spent almost a decade developing and managing websites and writing for a variety of industries.