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Betsafe Bonus Code for Feb 2023 & Sportsbook App Review

Reviewed By Duncan Wilkie

iGaming. Table Games. Sports Betting.

Published: Jun 14th · 12 min read

Updated: February 7th, 2023

Owned by Swedish gambling giants Betsson, Betsafe officially became a part of the Colorado sports betting landscape on 28 March 2022. As one of the 30-odd licensed sports betting sites in the Centennial State, the Scandinavian site offers CO players a comprehensive range of betting options and markets. Of particular note is the Betsafe esports offering, which is currently up there with the best in the state. In this Betsafe review, we’ll take a closer look at what the platform offers and whether there’s a Betsafe bonus code to help get you started.

Betsafe Promo Code and Welcome Offer

💰 Betsafe Sportsbook Bonus:	Not required
🎁 Betsafe Bonus Code:	100% up to $500 deposit bonus
💸 Minimum Deposit:	$10
🏈 Min Odds to Use Bonus:	-200
✅ Bonus Verified for:	February 2023
Sportsbook Rating:	⭐⭐⭐⭐

Betsafe Sportsbook Top Features

• ⭐ LOW 5x WAGERING ON BONUSES
• ⭐ DAILY ODDS BOOSTS ON YOUR FAVOURITE SPORTS
• ⭐ FIRST SPORTSBOOK TO SPONSOR AN ESPORTS TEAM
• ⭐ MULTI-AWARD WINNING SPORTS BETTING BRAND

While perhaps not the most familiar name in the U.S., Betsson – owners of Betsafe – are one of the most decorated brands in Europe. In 2022 alone, the group won 13 industry awards in areas including Sportsbook Operator of the Year, Online Operator of the Year and Best Native App.

Betsafe US Sports Welcome Bonus

This operator is currently unavailable in stateName , USA, here is the next best offer available to you This operator is currently available in stateName , USA

While the welcome bonus at Betsafe is only a projection at this stage, it seems likely the site will follow the same approach in Colorado as it has in Canada. This means bettors could soon be able to claim a 100% up to $500 deposit bonus when they first fund their account. Again, if Betsafe chooses to follow their Canadian model, any bonus amount will need to be rolled over 5x at odds of -200 or greater before it can be withdrawn as real money. At the time of writing, no Betsafe bonus code is required, but we’ll update our Betsafe app reviews if one is needed.

How to Redeem Your Betsafe Welcome Bonus Code

1. Click our banner to activate and claim your promo.
2. Register your details to sign up for an account and claim the Betsafe bonus.
3. You must make a minimum deposit of $10 to be eligible for the Betsafe welcome offer.
4. Please note that at the time of writing, no Betsafe bonus code is required to claim.
5. The Betsafe new customer offer will match your first deposit by 100% up to $500.

Betsafe Bonus Terms and Conditions

If the Betsafe welcome offer follows the one in Canada as predicted, there are a few T&Cs to be aware of. Although no sportsbook promo code is required to claim, some of the key points are:

• The minimum qualifying deposit to claim the Betsafe sign up offer is $10.
• All bonus money has 5x wagering requirements before it can be withdrawn.
• The min odds for a qualifying bet while rolling over your bonus amount are -200.

How this Betsafe Sign up Bonus Code Offer Compares

One of the things our reviewers liked about the Betsafe bonus is that it offers an alternative to the free bets at other sites. Though only half the size of the deposit bonus at DraftKings, the Betsafe Sports welcome offer provides a simple way to real money with pretty low wagering requirements. Indeed, the 5x wagering requirements for the bonus amount are substantially lower than DraftKings 15x. Additionally, bettors’ potential returns aren’t capped by the odds of the match they’re betting on like they are with free bet offers.

Why Use our Betsafe Code for a Bonus?

While no promo code is required to claim the Betsafe welcome offer, there are other bonuses that will require bonus codes. By sticking with us, you can stay up to date with the latest promotions and ensure you always get maximum value from your deposits.

More Betsafe Promotions

• 

  Betsafe Risk Free Bet

  If the other markets Betsafe covers are anything to go by, bettors will be able to claim a $10 risk-free bet on sign-up. While no Betsafe bonus code is likely to be necessary, there will be certain min odds criteria that bettors must meet in order to receive their risk-free bets.

• 

  Betsafe Weekly Free Bet

  Elsewhere, Betsafe have offered $5 free bets on a weekly basis to customers who sign up using a Betsafe bonus code. Once redeemed, the Betsafe free bet terms and conditions state that so long as bettors wager $5 in a week, they’ll receive their $5 free bet stakes the following week.

• 

  Betsafe Best Odds Guaranteed

  While Betsafe offers some of the best sports betting odds available on football, the site sadly no longer runs its B.O.G. promotion for horseracing. This means that while still competitive across the board, Betsafe can no longer guarantee the best price on specific races.

• 

  Betsafe Boosts

  In addition to the welcome bonus at Betsafe, players will also find regular sports bonuses such as boosted bets. Particularly common when there’s a major sporting event on, catching a boost will enable bettors to take advantage of substantially improved odds on their wager.

• 

  VIP / Loyalty Rewards

  Although bettors may come for a welcome bonus, they usually stay for loyalty rewards. While Betsafe does offer a rewards scheme that pays out cash and other Betsafe bonuses, this is only available to the site’s poker customers.

Betsafe Sportsbook Review Summary

Highlights:

• ✅ Reputable brand live since 2006
• ✅ Available in USA, CO & more
• ✅ Both cards and e-wallets accepted
• ✅ 24/7 Live Chat
• ✅ Licensed and regulated

PROS & CONS

Pros

Owned and operated by Betsson

Known for its excellent odds

Huge range of markets and virtual sports

The Betsafe stream offers live coverage

Cons

Smaller bonuses compared to other US operators

Lack of ongoing bonus offers

Having recently gone live in Colorado, the Betsson-backed sports betting platform, Betsafe, is certainly starting to turn heads. Despite being a relatively new face on the scene, the Betsafe website already offers in-depth sporting market coverage, competitive odds and a top-tier Betsafe app for Apple and Android devices. All sports customers can take advantage of a 100% up to $500 first deposit match with no Betsafe bonus code required, while there are also a wealth of other bonus offers that provide ongoing weekly value.

Betsafe Casino Bonus

The brand currently offers only sports betting for Colorado players while other products are not available at the moment. In places where this brand offers casino options, players usually can look for a 100% up to $1,000 deposit bonus and 200 free spins on certain games.

Betsafe Poker Review

If poker’s more their thing, players can find more Betsafe new customer offers on the site’s poker platform. Here, they can claim the biggest deposit bonus Betsafe offers at a massive 100% up to $2,000 plus the host of ongoing incentives found on the promotions page.

Where is Betsafe USA available?

Currently, the only place in America where players can access Betsafe is Colorado. Having only launched in the state in March 2022, the Betsafe website is still a work in progress, with many new bonus offers and promotions being added as the weeks go by.

Betsafe Colorado

• Availability: Live
• Partner: Dostal Alley Casino
• License: Colorado Department of Revenue – Gaming Division

The Centennial State is currently the only place in America that Betsafe is licensed to operate in, becoming one of the legal sports betting sites in Colorado in March 2022. The site is so fresh that the Betsafe bonus for new users is still yet to be confirmed, as are the Betsafe bonus codes players will need for other promotions.

One of the great things about Betsafe is the company’s European roots mean it’s able to offer more than just American sports. While NFL betting, NBA betting, NHL betting and MLB betting are all available, the site also specializes in soccer, horseracing, tennis and esports betting. We’ve included some of the best sports to bet on below, but this is the tip of the iceberg for what is one of the largest sports betting market catalogues in the US.

• Betsafe horse racing
• Formula 1
• Golf
• Soccer
• Esports
• UFC
• Boxing
• Football
• Soccer
• Basketball
• Baseball
• Virtual sports

Betsafe Odds and Lines

When it comes to available markets, Betsafe is capable of mixing it up with any of the sports betting sites in Colorado. The site offers a great array of lines ranging from staples like spreads and futures to niche options like props and parlays. The site’s attention to niche sports is unrivaled, with Betsafe offering a more detailed line-up of specials in this area than virtually any other US bookmaker. Odds-wise, Betsafe’s lines are pretty much in keeping with the rest of the market.

Best Betting Options

• Moneyline betting: Undoubtedly the first bet many customers look for when visiting an online bookmaker, moneylines require you to pick the victor in an individual match-up.
• Futures betting: If patience is one of your virtues, look long with a futures bet. Futures bets allow you to predict distant outcomes such as the next Super Bowl winners.
• Props betting: An area where Betsafe CO particularly excels, prop bets allow bettors to look at the minutiae of a game and bet on individual player actions such as three pointers hit.
• Specials: Usually featuring in promotions for local teams, specials include unique prop bets, boosted odds, free bets and other cool novelties that you won’t find at any other site.
• Parlays betting: Parlays allow you to combine several outcomes into one wager. As a result, the potential payout is multiplied, but all legs must be successful for the bet to come in.

This operator is currently unavailable in stateName , USA, here is the next best offer available to you This operator is currently available in stateName , USA

Betsafe Betting App Experience and Features

On accessing the Betsafe website from CO, bettors will be prompted to download the Betsafe Android app or be redirected to the App Store for the Apple version. Fortunately, both versions of the app are incredibly smooth, mirroring the layout of the desktop site in almost every way.

Betsafe In Play Betting

One of the great things about the app is that it’s stable and lightweight enough to handle up-to-the-second live odds changes and in-play statistics. This makes it the perfect companion for live betting, with customers able to instantly place their wagers in a couple of taps.

Betsafe Live Streaming

Betsafe’s live betting options are nicely complemented by a recently-added live stream. This service can be accessed in-app or from the website itself and covers hundreds of events from around the world, including NFL, NBA, NHL, MLB, F1 and even big esports tournaments.

Betsafe My Bets

By using the “My Bets” tab of the app or website, customers will be able to view all unsettled bets plus their betting history. Providing a bet has not yet been settled, Betsafe usually offers cashout, making it ideal for betting experts who know how to get out when the getting’s good.

Betsafe Registration

1. Click our banner to activate and claim your promo.
2. You’ll head to the Betsafe registration page.
3. Register your account by entering information such as your name, email and age*.
4. Now that you’re all set, head over to cashier and deposit to claim your bonus offer.
5. If you have any bonus codes you can enter them here. If claiming the regular Betsafe offer for new players, no promo code is required.

*Note: account verification will need to be completed to utilize all Betsafe services.

This operator is currently unavailable in stateName , USA, here is the next best offer available to you This operator is currently available in stateName , USA

Betsafe Mobile App

• ⭐ Betsafe App Android Rating: 5/5
• ⭐ Betsafe App iOS Rating: 5/5

While the Android and iOS app have perfect scores so far, it’s worth remembering Betsafe is still new and has very few reviews. That said, both apps are slick, clean and lightweight, while remaining stable enough to support live streaming and betting. It will remain to be seen if it can find its place among some of the best sports betting apps available.

Betsafe App Download on iOS or Android

1. You can start your Betsafe mobile app download by visiting the site and clicking the links.
2. Alternatively, you can search for “Betsafe Sportsbook” in the App Store or on Google Play.
3. Whichever option you choose, simply follow the on-screen prompts to install the app.
4. Once your download and installation is complete, log in or create an account.
5. If you’ve not yet redeemed your welcome bonus offer, you can do so now from the cashier.
6. If you have any additional Betsafe promo codes, be sure to enter them when you deposit.

Betsafe Payment Methods

How to Deposit Funds into Your Account

• Visa
• Mastercard
• PayPal
• Skrill

Unfortunately, there are currently only a handful of Betsafe deposit methods available, including Visa, Mastercard, PayPal, PaySafeCard, Skrill and direct banking options.

In order to make a deposit, you’ll first need to use your Betsafe login to access your account. From there, head to the cashier, choose one of the available payment methods and provide all the requested information. After that, click deposit and the funds will instantly be added to your account, along with any bet credits you’ve activated.

• Betsafe minimum deposit: $10
• Betsafe deposit limit: N/A (the Betsafe safe bet system allows players to set their own limits)

How to Cash out at Betsafe

If you thought the payment method options for deposits were a little light, the bad news is withdrawal options are even more limited.

With Skrill dropping out and only Visa, Mastercard, PayPal and bank transfer being accepted, there’s not much to pick from and all withdrawals are subject to the Betsafe verification policy.

To start a Betsafe cash out, players will need to head to the cashier and choose withdraw. Next they’ll need to choose a valid payment method and input the amount they wish to cash out. All Betsafe payments are fee-free, while Betsafe withdrawal times are typically within 1-2 days following a 24-hour processing period. Just as with deposits, the minimum withdrawal is $10.

• Minimum withdrawal: $10
• Betsafe cashout times: 1-3 days

How do I Bet on Betsafe?

1. To make your first bet on Betsafe, you first need to complete the registration process.
2. Once you’re done with registration, use these details to log in to your Betsafe account.
3. If you don’t have any balance or free bets, you’ll need to visit the cashier to add funds.
4. While at the cashier, you can enter any bonus code at Betsafe you have or claim the main Betsafe offer with no promo codes. If claiming the later, you must make a min qualifying deposit of $10.
5. You can now browse the sportsbook and find a market to bet on.
6. Click on it to launch the bet slip and enter at least the Betsafe minimum stake of $0.10. You can also use a free bet (if you have one) by ticking the checkbox. For more info on how to use free bets, see the FAQs section below.
7. Once you’re happy with your stake, click the button below to place your bet.

Betsafe Support

As you’d expect from any decent sportsbook in the US, Betsafe offers a comprehensive list of customer support options. These include live chat, email and an on-site FAQ section, but no telephone number is listed yet. In our site tests, we found Betsafe chat response times to be particularly impressive, as we were connected with a real-life advisor within a couple of minutes. What’s more, the advisors were both polite and knowledgeable about the site.

• Betsafe Live Chat: Available 24/7
• Email: support@co.betsafe.com
• Telephone: TBC
• FAQs available via shortcut on both the app and website

Is Betsafe Safe?

As a licensed Colorado sportsbook, Betsafe had to pass rigorous tests and checks before it was allowed to operate in the state. With this in mind, bettors can rest assured that it’s a safe and secure platform that takes responsible gaming seriously.

Security and Reliability

There are many reasons why Betsafe can be considered a secure and reliable online sportsbook. For one, you need only look at the site’s owners, Betsson, who have been a European betting powerhouse for several decades now. Secondly, the brand only works with reputable payment providers such as Visa, PayPal and Skrill and verification is required to stop customers from misusing the site. Lastly, Betsafe uses 128-bit SSL encryption to ensure data is kept secure.

Responsible Betting

From the moment you sign up at Betsafe, you’re asked if you’d like to set a deposit limit. This is reflective of the lengths the brand goes to ensure players bet responsibly. The site features a responsible gaming section that contains links to useful support organizations, as well as instructions about how to add restrictions to your account or even request self-exclusion.

Gambling Problem? Call 1-800-522-4700. Betsafe is committed to responsible gaming. Links to Betsafe’s responsible gaming policy and self-exclusion program may be found on Betsafe’s website

Our Five Betsafe Prediction Tips

✅ Get the app for the best experience

While the five-star rating is hard to justify at this early stage, the Betsafe iPhone app is the best way to enjoy the site. The addition of touchscreen functionality really does take in-play betting to the next level, as you can swipe through data and place a bet almost effortlessly.

✅ Keep an eye out for free bets and other ongoing promotions

Although the majority of Betsafe’s Colorado promotions are still to be confirmed, we’d be shocked if customers didn’t have access to regular free bets, boosted odds and more. Rest assured that as things develop, we’ll provide all the latest promo codes that you need.

✅ Always read the T&Cs before claiming bonuses and promotions

Perhaps the most important of our Betsafe tips, customers should always, always read the key terms for any promotions they wish to take part in. Deposit bonuses, parlay boosters and free bets will always feature min odds and qualifying bet restrictions, so make sure you’re clued up.

✅ Try to mentally separate your bet credits from your cash balance

This one will likely come down to personal preference, but for us, if you do receive free bets, you should be more willing to gamble with them than you are with your own money. Try to look beyond the min odds when making your qualifying bet and shoot for a bigger payday.

✅ It’s more rewarding to get behind your local team

We’d imagine most people using Betsafe CO will have some kind of affiliation to a nearby team – and if so, good. Usually, when a sportsbook has recently launched in a state, the best odds, promotions and free bets will be reserved for local teams, making them ones to target.

Our Final Verdict on Betsafe Sportsbook

Betsafe already looks to be well on the way to establishing itself as a major player in Colorado. The site provides one of the biggest selections of sports markets we’ve ever encountered while writing our reviews, with the level of focus on niche sports being a particular highlight. We’ll know more about promotions and bonus codes as and when the site announces them, but it certainly looks as though CO customers can expect a strong sign-up offer, regular free bets and much more besides. The one major cross against Betsafe is the lack of available payment methods in Colorado at present, but we expect this issue to be rectified in the near future.