Betfred boss Fred Done has paid out early on bets placed on Betfred Sponsored NFL team, Cincinnati Bengals to win Super Bowl LVII in Arizona.
On a trip to BetfredSports Las Vegas Headquarters this week, 79-year-old Betfred founder and owner took the opportunity to show the newly regulated US gambling industry just exactly what they could expect in the future.
Just like Fred’s infamous early payout on his beloved Manchester United to win the league in 1998, which ultimately cost him £500,000, as Arsenal went on to pip them for the league, Fred has surprised and delighted Bengals backers by settling their slips in full.
The boss has paid out early!
Fred has backed the @BetfredSports sponsored @Bengals by paying out early on them to win Superbowl LVII.
🔞 | Please Gamble Responsibly pic.twitter.com/tDP8FquvQA
— Betfred (@Betfred) January 26, 2023
This is even more remarkable given ‘Who Dey’ are 10/11 joint favourites against the Kansas City Chiefs in the AFC Championship game, on Sunday night.
Then they would have to beat either the No 1 NFC seed Philadelphia Eagles or the behemoth that is the San Francisco 49ers in the Super Bowl.
Fred told you yesterday from the Las Vegas HQ that he was going to drop some BIG NEWS today!
We're so confident at Betfred in the #Bengals winning the #SBLVII that we've decided to PAY OUT ALL BETS on Cincinnati @Bengals to win the #BigGame before the #AFCChampionship is played! pic.twitter.com/S5bkul9WhD
— Betfred Sportsbook (@BetfredSports) January 25, 2023
Ohio bettors have been stunned on Twitter by the promotion and logged into their Betfred app to find the wagers placed earlier this year have already been settled in full.
Not only that but Fred announced that they would be paying out worldwide, meaning an early boost for UK customers.
Welcome Offer – Bet £10 Get £30 in FREE Bets
New 18+ UK customers.
1st bet on sports of £10+ in one transaction at evens (2.0)+ settled within 7 days of registering.
£30 paid in free bets within 10 hours of bet settlement, 7-day expiry. Payment restrictions apply.
Full Terms & Conditions apply.