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Betfred Special

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Replies: 90
By:
Senyatta
When: 28 Apr 12 18:38
freds the bald oompa loompa isnt he..what an ugly cretin.god bless him hope he uses some of the money for some lipo and weights to work on that pigeon chest of his..not to mention some hair treatment lol
By:
MoneyBagger
When: 28 Apr 12 18:44
If you back something like a non-runner, are the free bets refunded as cash or free bets?
By:
Senyatta
When: 28 Apr 12 18:47
u lose the freebet. say id u back a team draw no bet witha  minute left and put the freebet on and it finishes in a draw - u will get no win or no loss but the freebet stake will not be given back. if it was meid just wait for a couple of 2 or 3/1 favs wherethe nearest is say 12/1 and at least worst case u just lose the freebet.hope u guys get paid out tho.
By:
everythings gone green
When: 28 Apr 12 18:47
I think I can guess...


Anyway this thread is about BETFRED customers being ripped off and lied to. Not about the ins and outs of free bets.
By:
elisjohn
When: 28 Apr 12 18:56
say you have £200 free bet, put the lot on horse at 4/1, lay on here at 5.0 if you can , if that horse loses you win £200, if wins then you get £ 800 from baldy but you lose £800 on here. that why you need the horse to lose. forget about free bet stake thats irrevelent in the situation, as you dont get that returned anyway.
By:
elisjohn
When: 28 Apr 12 18:58
non runner free bet is returned as free bet
By:
minardi
When: 29 Apr 12 11:23
I am amazed nobody is taking legal action ... a free bet is NOT the equivalent in cash as you do not get the stake back - the stake is effectively built into the odds - so an even money is a 50/50 chance you stake £10 and win you get £20 back. But with the free bet you only get £10 back. A free bet is effectively only "half" money

It's for this reason and as for the blatant statements in his advertising that I believe the advertising standards could have him.

I am also amazed that he actually believes he is in the right it's so clearly wrong and he should pay up in cash.
By:
8 Ball
When: 02 Jun 12 20:52
IBAS have ruled Fred must pay out in cash, ok for me as I never used free bet balance, but I bet the majority have done.
By:
nicky27
When: 07 Jun 12 22:39
nice one 8 ball ,and so they should ,if thats what they promised
By:
minardi
When: 12 Jun 12 12:50
yes nice one - he needed taking down a peg or two with that scam .... i'm also interested what he's doing with tote pools too.
By:
everythings gone green
When: 05 Jul 12 15:37
This is excellent news but probably doesn't help me as I converted my free bets into cash at about 80% of their face value. Don't expect I'll be able to reclaim the other 20%.
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