Born in Grindavík, Alfreð played for Grindavík youth teams while also spending two years of his childhood in the Scottish capital Edinburgh while his father studied in the city.
While the last few years have found him perpetually on tour, he considers home to be Shelton, Connecticut and Grindavík, Iceland.
On 24 June 2010 returned to Grindavík and was named as their new head coach, he replaced Milan Stefán Jankovic.
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He started his career in Grindavík, and returned there after two years in Swedish club Malmö FF.
After his collegiate career ended, Bolden played professionally for teams in Iceland (Grindavík), Brazil (Londrina), and Canada (Saskatchewan Hawks).
In January 2008 he will move to Iceland and sign with Grindavik and play in the top league Úrvalsdeild during the seasons 2008 and 2009.