BETFRED: Stake £20 on live casino and get 5 “Golden Chips”

Betfred casinoIf you’re looking for a player-friendly live casino bonus that is simple to understand and stands out from the rest, look no farther than the 5 “golden chip” bonus for new live casino players at BETFRED.

Sign up for an account today, transfer at least £10 into chips for live casino play, and wager at least £20 across at least five games and get 5 Golden Chips worth £1 each.

Here’s the best part – winnings from golden chips come with no wagering requirement! Seriously, you can simply trouser your winnings and call it a day. Fill your boots time!

New live casino customers only. £10 minimum transfer using promo code LIVECASINO. £20 minimum stakes within 7 days. Minimum 5 game rounds. Golden chip value not returned with winnings. Golden chips expire after 7 days. Game and staking restriction apply. Full T&Cs apply.

The BETFRED live casino bonus explained

BETFRED deserve huge credit for designing this live casino bonus that breaks free from the standard format and offers real value to players.

That being said, it’s a welcome bonus with some unusual features, so be sure to pay attention!

The key requirement is that you are a new BETFRED customer, and that after signing up for an account you make a £10 transfer into chips using the bonus code LIVECASINO.

What does “transferring into chips” mean? Don’t worry – we will explain it below.

Once this is done you have seven days to wager £20 or more across at least four game rounds.

What we like about this bonus is this is simply normal behaviour for any live casino player. We are talking about five hands with wagers of £4 or more each. Most players can knock this out before they’ve even fully settled in for a session.

As long as you have entered your the promo code LIVECASINO when registering a new account, the Golden Chips simply appear on your balance once you’ve met this very low bar.

Golden Chips are unlike normal chips, but as long as you understand them going in there should be no problem.

live dealer at a private table

 

What are Golden Chips?

Here’s what you need to know about these unique online gambling chips:

Gold Chips are worth £1 each.

  • You can only wager 1 Golden Chip in each round (so it will take you five rounds to play them all).
  • Whatever the result of your wager, your Golden Chip will disappear (you don’t get them back with a win).
  • Whatever you win from your Golden Chips you get as cold hard cash that has zero wagering requirements!

Here’s a quick example. Wager a £1 Golden Chip on a single number on live French roulette (let’s say 32Red – just a random number). Your number wins! You’ll get £35 in winnings, but the house will keep the original £1 wagered using a Golden Chip. The £35 is all yours, however, and you can withdraw it with no restrictions.

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Why we like this bonus

The best thing about the BETFRED welcome bonus is that it rewards players for engaging with the casino in a normal, natural way. There is no request for huge first deposits – you just go about your normal game.

Sure, it only amounts to £5 – there are bigger no deposit bonuses available – but this one has no wagering requirement to tie players up in knots.

More about BETFRED live casino

A player-friendly live-casino-specific bonus is a great start, but what is the playing experience like after registering for a BETFRED account?

BETFRED are one of the few major live casino operators to exclusively use Playtech games (the other featured on this website is bgo live casino).

In a market dominated by Evolution Gaming live casino games, the use of Playtech could cut two ways. If you are a die hard Evolution fan, not having access to your faves might put you off. But for players itching for a bit of variety in their live casino play, visiting a live casino that is new and unfamiliar could be great fun!

The good news is that Playtech, founded way back in 1999, is one of the founding members of the online gaming community. As a company it provides popular games in every sector from bingo to poker to video slots. You just know their live casino product will be competitive with the best in the business.

One thing for sure, you won’t complain about the lack of tables! The live games from Playtech at BETFRED include:

  • 23 Roulette tables.
  • 24 BlackJack tables
  • 1 Spin and Win game (similar to Dream Catcher or Topwheel Treasures)
  • 23 Baccarat tables
  • Casino Hold’em
  • 3 Card Brag
  • Soho Casino Hold’em
  • Dragon Tiger
  • SicBo

BETFRED Private tables

Perhaps the best feature at BETFRED live casino is its exclusive tables.

Experienced live casino players tend to prefer live tables. During busy periods finding a seat is much easier, the other players are from the same casino (and therefore are more likely to be from the same part of the world) and the dealers are trained to reflect the style of the casino’s brand.

BETFRED has four exclusive tables: two blackjack, one roulette, and one french roulette.

Only some online casinos have private tables, and these are almost always provided by Evolution. Curious to see what a private Playtech casino is like? Sign up for an account today!

What’s this about chips?

Everyone is familiar with what a casino chip is, but be aware BETFRED use the term in a slightly different way from the average online casino.

When you open an account with BETFRED your funds are spread over four different wallets: Cash, Free Bets, Chips, and Casino Bonus. “Cash” and “free bets” are wallets for sports betting. “Chips” and “casino bonus” is for casino play. You can move money from your cash wallet to your chips wallet and vice versa, but you will need to put money in your chips wallet as part of the process of claiming the live casino welcome bonus.

To be honest, this system is a bit confusing (and confusingly named) but simple enough to deal with once you get your head around it.

Roulette Wednesday, and more!

Like the best online casinos, BETFRED keep the promotions coming.

Wednesdays are a favourite for roulette lovers. Stake £1 or more on the lucky number of the day (always available in advance from the BETFRED website) and if it wins, you get an extra £10 Golden Chip with your winnings.

This Golden Chip is just like the ones from the welcome bonus, but worth ten times as much!

Roulette Wednesday is just one example of the frequent, well-designed promotions BETFRED live casino run pretty consistently. If you’re interested in seeing what promotions they are running currently, click here.

Deposits and withdrawals

Before registering for an account, it’s best to know the sort of nitty-gritty detail that can make or break a casino playing experience. Let’s get started!

The minimum deposit is £5, and BETFRED accept most major payment options including Visa, Maestro, PayPal and Ukash.

The minimum withdrawal is also £5, and can be made to credit/debit cards, Neteller, Skrill and Paypal.

Licensing, security, and support

Like all casinos reviewed at Live Casino Buzz, BETFRED is regulated by the UK’s ultra-strict Gambling Commission. That’s hardly surprising, as BETFRED betting shops have been a staple of UK high streets for decades. As one of the most well-known betting brands in the country, BETFRED is going to have a UK license.

But they also have a license from Gibraltar to regulate most of the rest of the world. This is significant because the Gibraltar license is one of the toughest for “rest-of-the-world” regulation. The much more common Malta Gaming Authority has an excellent reputation, but there is an industry-wide understanding that a Gibraltar license is a cut above (and limited to a relatively few online casinos).

Your data is kept safe when it travels to and from the BETFRED website with SSL encryption, so rest easy on this front.

Need help? It is available 24/7 via telephone, email, or livechat from the very friendly support team.

BETFRED – should you sign up?

When we review live casinos we look for two things in particular: a live-specific bonus, and private tables. BETFRED has both – result!

BETFRED are also a well-known gaming brand both online and offline.

The only quibble you might have is if you really want to stick to Evolution live casino games. But since nearly every other online live casino has Evolution, it would seem odd to criticise BETFRED for doing something different.

We say sign up for an account. And be sure, once you’ve deposited £10 and played five games, to look out for those golden chips!

New live casino customers only. £10 minimum transfer using promo code LIVECASINO. £20 minimum stakes within 7 days. Minimum 5 game rounds. Golden chip value not returned with winnings. Golden chips expire after 7 days. Game and staking restriction apply. Full T&Cs apply.

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