ByLance Patton

Jun 23, 2023

Betfred Choke Insurance Promo | Get Fred Bets Back If Your Moneyline Bet Loses

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      Bet $50, Get $111 FREE

      Bet & Get


      Get Up To $1,000 FREE

      50% of Losses Back in Free Bets

Betfred Choke Insurance Promo

The worst feeling in sports betting is your bet winning the whole game, only to blow it at the end with a catastrophic ending. But with the Betfred choke insurance, you no longer have to worry about your team choking at the end!

The choke insurance promotion is currently available for soccer and MLB, but it’s likely they’ll end up extending this offer into the NFL, NCAAF, and NBA when those seasons come along.

If you haven’t joined Betfred yet, they’re offering a fantastic welcome offer worth up to $1,111 in Fred Bets.

  • and create your Betfred account to activate.

Once you’ve completed your account registration, make your first deposit and place your first bet of $50+. You’ll get $111 in Fred Bets on settlement, plus 50% of your losses back for the first five weeks up to $200/week, for a total of up to $1,000 in losses back.

How the Betfred Choke Insurance Promo

The Betfred Choke Insurance promo is easy to acquire and doesn’t require an opt-in. Just follow the steps below to get your early payouts if your moneyline bet leads!

  • to sign-up or login to Betfred.
  • Place a qualifying wager — pregame, straight, moneyline bet on any game being played the same day the bet is placed.
    • Some sports may have minimum odds necessary to qualify.
  • If your team leads by the amount necessary for the choke insurance, get 100% of your stake back in Fred Bets if your team loses.
  • Choke insurance is not available for totals, run lines, props, parlays, futures, or Betfred boosts.

Continue reading for more information on specific choke insurance terms and conditions for each sport Betfred offers the choke insurance.

Betfred MLB Choke Insurance

The MLB regular season is in full swing, and there is no better place to bet on the MLB than Betfred.

You can get choke insurance on your MLB moneyline bet if your team leads by 5+ runs. Just place a qualifying straight, money line bet on any MLB game being played on the same day the bet is placed.

The wager must have odds of (-200) minimum and in order to receive a bonus bet back, your team must have led by 5+ runs. This includes extra innings losses.

The maximum Fred Bet to be awarded is $50, and is limited to one choke insurance per day. If more than one wager qualifies, the first qualifying wager placed on the day will be eligible for the promotion.

Betfred MLB Choke Insurance Promo

Betfred Soccer Choke Insurance

Place a pre-match, straight 3-way money line wager on any soccer game and get 100% of your stake back as a Fred Bet if they lose AFTER being up by 2+ goals!

Each wager must be placed with cash on a straight, 3-way moneyline bet on any soccer game being played on the same day the bet is placed. If your wager settles as a loss or draw and your selected team was up by 2+ goals at some point, get your stake back as a free bet.

Loss or draw must happen within the regulation to be eligible, and bets placed with a draw are ineligible. Limited to one qualifying wager per day, if more than one wager qualifies, only the first bet of the day will qualify.

Maximum Fred Bet to be awarded is $50.

Betfred is a fantastic place to bet on all the top Soccer leagues across the nation, check out the top Betfred Soccer promo. Or click “Get Bonus" below to activate the Bet $50, Get Up To $1,111 in Fred Bets bonus today!

Promo TypeExisting User Promo
SportsBookBetfred Sportsbook
How to EnterOpt-in and Bet
Promo Code


Lance Patton

Lance Patton is the Promotions Creator & Editor for The Game Day and also creates content for the NFL, college football, and college basketball. Before joining The Game Day, Lance did freelance work for a variety of sports betting websites as well as covering the Iowa Hawkeyes for FanSided.

If you or someone you know has a gambling problem and wants help, please call 1-800-GAMBLER.

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Call 877-8-HOPENY or text HOPENY (467369) (NY).

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