Betsafe review

Last updated on: September 30, 2022
Bonuses
2
Casino bonus score

Being able to get up to $500 deposit matched as a welcome bonus is generous, but the 5x wagering requirements is much higher than the standard 1x offered at many other sites.

Welcome bonus
100% deposit match up to $500
Other promotions
Odds boosts
Additional details
No bonus code required; Register to claim
Qualifying deposit: $10
Wagering requirement: 5x bonus
Payment Methods
5
Payments score

Betsafe have a fantastic variety of deposit options, covering just about every method from debit cards, PayPal, Skrill, bank transfer, and PayNearMe. Most methods can be used for withdrawal as well and the money will be in your account within three days.

Deposits
Min: $10
Min: $10
Min: $10
Min: $10
Min: $10
Withdrawals
Min: $10
Min: $10
Min: $10
Min: $10
Sports & Features
3.5
Overall sports and features provided

Betsafe have a decent range of sports to bet on, both pre-game and live, with the major leagues complemented by plenty of less popular sports like beach volleyball, snooker, and motorsports.

Sports
Baseball Baseball Basketball Basketball e-Sports e-Sports Football Football Hockey Hockey Rugby Rugby Tennis Tennis Volleyball Volleyball
Features
Bet Builder Cash Out Enhanced Odds
Security
5
Security score

All the latest security features are employed by Betsafe to ensure that your money and personal information are kept safe. Betsafe are licensed to operate in Colorado so can legally take bets there.

Encryption
Support
4
Customer support score

Live chat and email support are both available at Betsafe and their customer support agents are knowledgeable about sports betting. Although responses only come between 9am and midnight, they are quicker with replies than any other sportsbook.

Live Chat
Open 9am-midnight (Mountain Time)
Email
Interface
5
Casino interface score

Betsafe is a mobile-only sportsbook and so their app is one of the best out there. It runs smoothly, rarely crashes, and is easy to navigate which enables you to bet on your favorite sports.

Offer
500 $ BONUS
100% deposit match up to $500
7
Betsafe established themselves as a premier sportsbook in Europe and offer a solid sportsbook to US bettors, headlined by very competitive odds. Their live betting is also excellent thanks to their fast markets feature that brings a new dimension to in-play.

Betsafe have operated in Europe for over 15 years and that experience has translated into a strong US sportsbook with competitive odds on major sports and a superb mobile app.

Unlike many other betting sites, Betsafe operate on mobile only so they don’t have a desktop site.

Pros
  • Competitive odds on all major sports
  • Rapid live betting markets
  • Great app that runs smoothly
  • Large variety of deposit methods
Cons
  • No desktop site available
  • Welcome bonus has 5x wagering

Improving their welcome bonus would be a major improvement for Betsafe as whilst $500 is a solid figure, 5x wagering requirements means many bettors won’t ever convert bonus cash into real money.

Where is Betsafe Available in the US?

Betsafe is currently only available in Colorado through their partnership with licensee Dostal Alley Casino. They are licensed by the Colorado Division of Gaming, which ensures they have to follow federal and state legislation.

These laws protect bettors by giving you legal options such as contacting the gambling commission if a betting site fails to pay you out or grades a bet incorrectly.

Betsafe Welcome Bonus

Betsafe have a 100% deposit match bonus up to $500 available to all new bettors in Colorado. Although not as big as other sportsbooks, $500 for a deposit match is a good amount that appeals to everyone.

You don’t have to use a Betsafe promo code when you register but it does come with 5x wagering requirements, which means you must wager the bonus money five times before you can withdraw it.

If you claim the full $500 bonus from Betsafe then you have to bet a total of $2,500 to turn it into real, withdrawable cash.

Betsafe welcome bonus
Max bonus$500
Bonus percentage100%
Wagering requirements5x
Time to complete wagering requirements30 days
Expiry dateN/A
Minimum odds-200
Sports restrictionsNone
Bonus codeNot required

A $500 deposit match bonus is quite generous from Betsafe and the fact it comes as bonus money means you can wager as much or as little of it as you like on a bet.

For example, if you receive $100 as you Betsafe bonus then you could wager $60 of it on a +200 bet, $33 on a +500, and the remaining $7 on a +2000 line. Bets made with bonus funds do not include the risk amount in the returns.

However, the 5x wagering requirements is much higher than many other sportsbooks and this restriction is enough for many bettors to lose their bonus money before it can be withdrawn.

Bonus wager info

Upon promotion activation, fifty percent (50%) of the amount of each Qualifying Wager placed will be funded from Qualifying Deposit and fifty percent (50%) of each Qualifying Wager will be funded from the Bonus Balance until the Wagering Requirement is satisfied.

Betsafe Bonus T&Cs

The Betsafe welcome bonus has some key terms and conditions to take note of before you activate it.

These terms are mostly standard across all legal US sportsbooks but you should pay attention to the 5x wagering requirements and the 30-day expiry time for the bonus.

Key T&Cs
  • Bonus money must be wagered 5x before it can be withdrawn
  • The welcome bonus is only valid on your first deposit
  • You must deposit a minimum of $10 to activate this bonus
  • The maximum bonus available is $500
  • All bonus money needs to be wagered within 30 days after being credited
  • Bonus money wagers must be on games or events with odds longer than -200

How to Claim Betsafe Sign-up Bonus

The Betsafe registration process is simple and you don’t have to use a bonus code to activate the sign-up offer. Just follow the steps on their app and fill in the information when prompted.

1
Register

Sign up for an account on the Betsafe mobile app.

2
deposit
Deposit

Fund your new account with at least $10.

3
receive bonus
Receive bonus

Your deposit is matched up to $500 in bonus funds.

4
Betting bonuses
Wager your bonus

Play through your bonus 5x within 30 days.

You have to enter some personal information when you register to Betsafe as part of Know Your Customer rules, which sportsbooks use to verify their customers.

Betsafe requires the following information when you sign up:

  • Email
  • Username
  • Password (at least eight characters long)
  • First Name
  • Last Name
  • Date of Birth
  • Phone Number
  • Address including city, state and zip code
  • Last four digits of your Social Security number

Other Promotions

Betsafe don’t have much in the way of promotions, only offering regular pre-selected odds boosts on the four major sports leagues.

These enhanced odds make sure you get the best price on that particular selection, which is usually a same game parlay or a regular parlay.

For example, Betsafe boosted the following selection from +700 to +800: Tampa Bay Rays @ Miami Marlins: Rays -0.5 run line in the match, over 7.5 total runs in the match, Rays -0 5 run line in the 1st inning.

Payment Methods at Betsafe

Betsafe offer a large number of payment methods to deposit with, covering almost all the popular ones such as VISA, Mastercard, VIP Preferred, and PayPal.

Low deposit amounts of $10 for every method ensures bettors aren’t forced to put more in their account they’re comfortable with, whilst the $10 minimum for withdrawals also ensures you don’t need to win big to pull money out.

  visa logo mastercard logo “amex“discoverBank bank transfer logo “vip paypal logo“paynearme“skrill
Min/max deposit$10/$10,000$10/$10,000$10/$10,000$10/$10,000$10/$10,000$10/$10,000$10/$10,000$10/$10,000$10/$10,000
Min/max withdrawalN/AN/AN/AN/A$10/no info$10/no info$10/no infoN/A$10/no info
Withdrawal timeN/AN/AN/AN/A1-3 days1-3 days1-3 daysN/A1-3 days
FeesNoneNoneNoneNoneNoneNoneNoneNoneNone
Withdrawal methodNoNoNoNoYesYesYesNoYes

Adding Play+ would be ideal but otherwise Betsafe has an excellent variety of payment methods that suits just about every bettor.

There are enough ways to withdraw as well and all payments being in your account within three days means there’s very little waiting around. Having withdrawal to debit card would really make Betsafe’s payment methods elite.

How to Withdraw at Betsafe

Betsafe provides four different ways to withdraw your money, all of which are popular and have low minimum amounts.

Each withdrawal method and the time it takes to be processed is listed below:

  • Bank transfer: 1-3 days
  • VIP Preferred: 1-3 days
  • PayPal: 1-3 days
  • Skrill: 1-3 days

Betsafe Mobile App

Betsafe only runs on mobile and so naturally they have an excellent app that is one of the best out there for both iOS and Android. It is available for Apple users on the App Store and on Google Play for Android bettors.

The home page is a little crowded thanks to an excessively large carousel in the middle that displays live events and promotions, but otherwise it’s easy to navigate.

Buttons for live betting, the sports menu, and open bets are at the bottom of the page whilst popular leagues such as NFL, MLB, and NBA are listed at the top to save time.

Unlike many other sports betting mobile apps, Betsafe’s rarely crashes and doesn’t need to regularly verify your location so the betting process is as smooth as it can be.

  • App store rating – 5
  • Play store rating – 4.8

Betsafe Customer Support

There are only two ways to contact Betsafe if you need help: live chat and email. Unfortunately, live chat is only available between 9am and midnight Mountain Time, so any queries you have outside that time won’t be answered until they reopen.

Despite not being available 24/7 like most other betting sites, Betsafe estimate just a 30-second wait for a chat response and between 30-60 minutes for an email reply. These response times are far better than the average times of five minutes for live chat and 24-48 hours for email.

Betsafe’s customer support agents are knowledgeable about sports betting so you can be sure that the answers you get are correct and there isn’t any back-and-forth.

Betsafe customer support
Live chat

Open 9am-midnight (Mountain Time)

Email

[email protected]

Phone number

None

FAQ

Detailed

Betting with Betsafe Up Close

Betsafe only operate on mobile and their app is one of the best out there, making it easy to navigate to your preferred sport or league.

Popular leagues are displayed at the top above the promotions carousel, with a list of all sports found via a button at the bottom of the page next to live betting and open bets.

Depositing is simple as well. Your current balance is displayed in the top right corner and clicking on that brings up the deposit screen with a list of accepted payment methods, plus the minimum deposit value for each.

Sports Available for Betting

Betsafe offer a decent range of sports that is enough to appeal to most bettors, providing plenty of niche options on top of the major US sports.

The likes of NFL, NBA, MLB, NHL, and key European soccer leagues are all available to bet on, with their variety of Futures markets on each of the big four very impressive.

Other Sports

Betsafe have a total of 17 sports to bet on, which is a solid number that gives plenty of options to bettors, although it’s not as many as the likes of bet365 (31) or BetMGM (27).

The list below shows the sports available to bet on at Betsafe:

  • Australian Rules
  • Baseball
  • Basketball
  • Beach volleyball
  • Chess
  • Cycling
  • Esports
  • Football
  • Hockey
  • Motorsports
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Tennis
  • Volleyball
  • Water polo

Odds Comparison

Betsafe offer extremely competitive odds on moneyline and spread for the main four US sports leagues, often rivalling the best price available in many games.

The table below compares Betsafe to three other major sportsbooks in the US for an NFL game between Miami Dolphins and New England Patriots.

NFL lines are extremely efficient and so there is often not much to choose between sites, but Betsafe managed to have the best odds for the Dolphins’ spread line.

Odds of -110 are standard on spreads but other sites moved their odds on Dolphins -3 to make them slightly worse, giving Betsafe the best price.

The moneyline is a similar story as Betsafe provide the best odds on a Dolphins win, but their Pats odds is noticeably worse than the other three with +139 lagging behind +145.

 BetsafeDraftKingsCaesarsFanDuel
Home – Miami Dolphins-167-170-170-168
Away – New England Patriots+139+145+143+142
Home spread-3
-110
-3
-120
-3
-115
-3.5
+104
Away spread+3
-110
+3
+100
+3
-105
+3.5
-128
Margin4.8%4.5%4.7%5.1%

Betsafe Blog and Betting Picks

Betsafe does not have a blog. Blogs are useful for new and recreational bettors to stay abreast of sports news and how it relates to wagering, as well as providing betting tips for upcoming games and events.

The best blogs are available at BetMGM and DraftKings Sportsbook, who regularly update with engaging and helpful content.

Bet Slip

Betsafe’s bet slip is a strong feature of the sportsbook mainly because it’s extremely user-friendly with separate tabs for straight bets, parlays, and round robin bets.

If you want to try to win a specific amount, then you can fill in that box and it will automatically show you the stake required. You can also enter the risk amount as normal and Betsafe’s bet slip will display the potential returns.

The only downside of the slip is that each selection takes up far too much room, so if you add four or five legs then it can be annoying to have scroll to the bottom of the slip.

Betting Markets

There’s a good range of betting markets on the major four sports leagues at Betsafe, with upwards of 100 on NFL, NBA, and MLB as well as 70 on many NHL games.

Each game has tabs at the top to make it easier to find your bet, with sections for the likes of spreads, points, player props, team props, and most popular markets.

One cool feature is that you can pin your favorite markets for a particular sport and they’ll be available on every game for quick access

The main markets available at Betsafe are listed below:

  • Moneyline
  • Spread
  • Total
  • Game Props
  • Team Props
  • Player Props
  • Half Betting
  • Quarter Betting
  • Anytime Scorers

NFL

Betsafe has a good NFL offering with over 100 markets available on every game, ensuring plenty of choice, and the odds are very competitive and in line with other sportsbooks.

Whilst their odds are rarely the best available, they’re certainly far from the worst and are always worth considering for pro football betting.

The best aspect of NFL betting at Betsafe is their impressive range of futures as they provide over 115 options, from the likes of Super Bowl winner and MVP to Coach of the Year and NFL Draft specials.

NFL
Margin

4.8%

Betting markets

110

Odds

Competitive

Promotions

None

Min/max bet

$0.10/none

Football Promotions at Betsafe

Betsafe don’t have any regular football promotions running but they do have decent odds boosts every weekend, such as from +700 to +900, with a max bet of $100.

NBA

NBA was not in season when this Betsafe review was written so only basic markets were available on games.

At the very least, Betsafe’s NBA odds are in line with other legal US betting sites and they have a vast number of futures to get stuck into before the season starts.

NBA
Margin

4.8%

Betting markets

No info

Odds

Competitive

Promotions

None

$0.10/none

Basketball Promotions at Betsafe

Betsafe don’t have any basketball promos as the season has not yet started but it is likely they will offer regular odds boosts.

NHL

NHL had not started the new season when this Betsafe review was conducted and so no information is available as no games are listed.

NHL
Margin

No info

Betting markets

No info

Odds

No info

Promotions

No info

Min/max bet

$0.10/none

Hockey Promotions at Betsafe

There aren’t any hockey promos at Betsafe as the season has not yet begun.

MLB

Betsafe have an excellent MLB betting section headlined by low margins of just 4%, meaning you regularly get good odds by default.

The range of markets could do with expansion as there’s plenty of variety available on player props as well as the usual options, but Betsafe sadly offer fewer markets than their rivals.

As with other sports, you can pin your favorite markets and Betsafe also display which bets are available for early cashout before you place them.

MLB
Margin

4%

Betting markets

60

Odds

Competitive

Promotions

None

Min/max bet

$0.10/none

Baseball Promotions at Betsafe

Betsafe regularly run odds boosts on MLB that enhance your returns, either for one game or as a parlay. These are selected and boosted by Betsafe.

Baseball odds boost example

Tampa Bay Rays @ Miami Marlins PreBuilt Combi: Rays -0.5 run line in the match, over 7.5 total runs in the match, Rays -0 5 run line in the 1st inning. Max Wager $100.00.

NCAA

Betsafe have every NCAA basketball and football game available for betting but college restrictions severely inhibit the markets offered.

Colorado state rules dictate that prop bets cannot be placed on college games, so Betsafe only offer basic markets of moneyline, spread, and total, with alternative options for spreads and totals.

Since all Colorado bettors face the same rules, Betsafe are worth considering for NCAA wagering as their odds are competitive and sometimes have the best price on big games.

NCAA
Margin

4.8%

Betting markets

20

Odds

Competitive

Promotions

None

Min/max bet

$0.10/none

NCAA Promotions at Betsafe

There are no college sports promotions available at Betsafe.

Betsafe Features

Betsafe have just two features for bettors to use, both of which are standard across sportsbooks, so it’s positive that they are offered here.

Adding more features such as edit bet and easy parlay options would make Betsafe an even better site and set them apart from other sportsbooks.

  • Early cashout

    Betsafe allow you to settle your bet early using the early cashout function, which is available in your open bets. Markets available for cashout are shown before you place the bet.

  • bet builder
    Bet builder/same game parlay

    This is called Single Game Parlay on Betsafe and allows you to create bets consisting of markets from one game. SGPs are available on NFL, NBA, MLB, and NHL.

Showing which markets are available for early cashout is a big positive for Betsafe as many other sites don’t do this, making Betsafe more user-friendly.

Betsafe Live Sports Betting

Betsafe offer live betting markets on almost every sport, with particular emphasis on NFL, NBA, NHL, MLB, and soccer.

Not only do they boast good odds and a responsive mobile app that doesn’t slow down when you need it most, Betsafe also have a unique feature called “fast markets” which offers live betting on upcoming singular events within a game.

For instance, in NFL this could be the result of the next play, or in tennis it could be the winner of the first point in the next game.

Live betting at Betsafe
Range of markets

Advanced

Live stats

Advanced

Ease of use

Easy

Live streaming options

None

Is Betsafe Legit?

Betsafe is a legitimate and safe sportsbook that is licensed to take sports bets in Colorado. The site expanded into the US after more than 15 years of operating worldwide.

Betsafe company info
US licensesCO
Other productsNone
Non-US licensesUK, Ireland, Germany, Italy, Malta, Spain, Greece, Georgia, Sweden, Denmark, Croatia, Argentina, Colombia, Belarus, Estonia, Latvia, Lithuania, Kenya
Responsible gambling measuresDeposit limits, loss limits, time limits, wager limits, self-exclusion
Year founded2006
OwnerBetsson
CEOPontus Lindwall
Publicly tradedNASDAQ Stockholm

History of Betsafe

Betsafe have been a big name in European sports betting for over 15 years and are one of the most respected brands on the continent.

2006
2006

Betsafe founded

Betsafe is launched in January 2006 as an online sportsbook

2009
2009

Casino and poker expansion

Betsafe branch out over the next couple of years with launches of branded casino and poker sites.

2011
2011

Betsson acquire Betsafe

Swedish firm Betsson purchase Betsafe for €60 million (approximately $85m USD).

2015
2015

Betsafe sponsor Manchester City

Betsafe become the official betting partner of English Premier League giants Manchester City.

2022
2022

Betsafe launch in the US

Betsafe are awarded a license to operate in Colorado.

Alternatives to Betsafe

If Betsafe don’t fit the bill for your sports betting desires, then there are plenty of others worth taking a look at.

Caesars Sportsbook boasts an excellent welcome bonus that is one of the largest out there, and they also provide lots of betting markets on all their sports.

Meanwhile, FanDuel Sportsbook gives you $100 via their refer-a-friend program when one of your friends signs up, and they also offer regular live streaming of tennis.

Another generous welcome bonus comes at BetMGM who give you up to $1,000 when you register, and their promotions are some of the best in the entire US.

Conclusion

Betsafe is a strong sportsbook with many positive features such as very competitive odds and live betting taken to a new level thanks to their “fast markets” feature.

The fact it is only available on mobile could be viewed as a negative but this doesn’t matter for people who only bet on their phone or tablet, as many prefer to do these days.

Unfortunately, Betsafe’s seemingly good welcome bonus is brought down by the high 5x wagering requirements.

Some key aspects of Betsafe are listed below:

  • The Betsafe mobile app runs smoothly and rarely crashes or needs location verification.
  • Betsafe’s odds on the big four US leagues are always competitive and sometimes the best available.
  • There’s a wide range of deposit methods available at Betsafe, including VISA, Mastercard, PayPal, VIP Preferred, and bank transfer.
  • The 100% deposit match bonus up to $500 comes with 5x wagering requirements, which means you have to wager a total of $2,500 if you claim the entire bonus.

FAQs

Betsafe is currently only licensed in Colorado and are partnered with Dostal Alley Casino. This means that only bettors in CO are legally allowed to bet with Betsafe, although other states may be added in the future.

Betsafe is a safe and legitimate online US betting site. They are licensed to operate in Colorado via the Colorado Division of Gaming, which means Betsafe must follow state and federal legislation in regards to taking sports wagers online.

Sign up for a new Betsafe account on their mobile app and claim the matched deposit welcome bonus up to $500. Navigate to the sport and league you want to place a bet on, find the game and market, then decide on how much to risk.

You can withdraw real money from Betsafe in a variety of ways, all of which take between 1-3 days and are popular methods. The only money that cannot be withdrawn is bonus money and free bets as these have to be used on Betsafe.

Betsafe is owned by Swedish company Betsson, who have operated in the world of sports betting and casinos for over 50 years. Betsson purchased Betsafe in 2011 for for €60 million (approximately $85m USD).


500 $ BONUS