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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.
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.
Established Since: | XXX |
Reputation: | Highly reputable and trusted brand |
Availability: | XX US States (with more coming) |
Payment Methods: | Both cards and e-wallets accepted |
Customer Support: | 24/7 Live Chat |
Licensing: | Licensed and regulated |
Live Betting: | Available for majority of sports |
Loyalty Program: | MGM Rewards |
Sportsbook App Rating: | ⭐⭐⭐⭐⭐ |
Other Betsafe Apps: | BetMGM Casino App, BetMGM Poker App |
A second chance for your first bet. With this welcome bonus, new bettors at Betsafe can benefit from a bonus bet if their first bet loses. Deposit and wager a minimum of $25 on one bet and a bonus bet equal to the amounts below will be credited to your account if your first bet loses:
In this Betsafe welcome offer there are some T&Cs to consider. Although no bonus code is required to claim, some of the key points are:
One of the things our reviewers liked about the Betsafe bonus is that it offers an alternative to the bonus bets at other sites. Although the bonus amount is smaller than that offered by BetMGM for example, the Betsafe Sports welcome offer still gives an opportunity to cover the loss on your qualifying bet. Not having difficult wagering requirements and playthrough conditions imposed, makes this a great opportunity to bet on sports.
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.
If the other markets Betsafe covers are anything to go by, bettors will be able to claim a $10 bonus 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 bonus bets.
Elsewhere, Betsafe have offered $5 bonus bets on a weekly basis to customers who sign up using a Betsafe bonus code. Once redeemed, the Betsafe bonus bet terms and conditions state that so long as bettors wager $5 in a week, they'll receive their $5 bonus bet stakes the following week.
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.
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.
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.
Highlights:
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 the bonus bet with no Betsafe bonus code required, while there are also a wealth of other bonus offers that provide ongoing weekly value.
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 bonus spins on certain games.
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.
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.
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 U.S sports betting market catalogues.
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.
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.
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 one of the best live betting sites, with customers able to instantly place their wagers in a couple of taps.
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.
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.
*Note: account verification will need to be completed to utilize all Betsafe services.
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.
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.
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.
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.
✅ 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 bonus 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 bonus 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 bonus 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 bonus 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 bonus bets will be reserved for local teams, making them ones to target.
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.
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.
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.
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 bonus 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.
Yes. Betsafe offers different bonuses to be applied on the website or the mobile app. If you are a new player the $500 bonus bet welcome bonus might be the bonus that can help get you started the best way possible.
The bet credits you earn from your Betsafe bonus can be used to wager on one game in any of the available markets and must be used within 30 days. If you win the second bet, the winnings will be transferred to your withdrawable credit.
To cash your money out of Betsafe, simply log in and head to the cashier section. From there, select withdraw and choose a valid payment method. You can withdraw from as little as $10 and should expect to receive your funds within 3 working days.
Yes. Betsafe has a very good app that is available for download on both iOS and Android. To find it, simply visit the Betsafe website and follow the links provided or go directly to the Apple Store or Google Play respectively and search for "Betsafe Sportsbook".
Download links for Betsafe are provided on the website and the App and Play Stores for iOS and Android respectively. Though the sportsbook can be accessed from your browser, we'd recommend the app for a more intuitive betting experience.
To join Betsafe, simply visit the website and click the green "create account" button at the top right of the page. You'll then be asked to provide details such as your name, d.o.b. address and social security digits, as well as an email address and password for your login.
Yes. Betsafe is a hugely trusted betting brand with a strong track record in Europe. The site has been in operation in some shape or form since 2006 and recently launched in Colorado after acquiring a license from the Colorado Department of Revenue - Gaming Division.
Betsafe is an all-in-one betting platform that covers sports. One of the great things about the site is that one login can be used for all three products, so players can easily transfer their balance from one area to another without needing to re-deposit.
Betsafe is owned and operated by Swedish online gaming giant, Betsson. Though perhaps not so well-known in the US, the brand has been an absolute powerhouse throughout Europe and provides fair and legal gaming in a huge range of jurisdictions.
Bonus bets can be selected from the betting slip when placing a wager on Betsafe. When using bonus bets, make sure that that you place a bet on one game to be in line with the wagering requirements linked to the bonus Bet welcome bonus.