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Betsafe Review

Michael Duchesne - Covers
Written by: Michael Duchesne, Senior Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content

Last Updated Mar 16, 2023, 1:07 PM ET

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3.9/5
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3.6/5

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4.0/5

Security & Trust

4.1/5

Customer Support

4.0/5

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0-5 days

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BetSmart Logo BetSmart™ Rating:
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3.9/5
BetSmart Logo BetSmart™ Rating:
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3.7/5
Banking & Payout Speed
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4.0/5
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4.0/5
Deposits & withdrawals
paypal Logo visa Logo mastercard Logo discover Logo skrill Logo VIP Preferred Logo Mazooma Logo

    Betsafe Sportsbook Review

    Betsafe, now available in Colorado, brings its modern platform, outstanding coverage, sharp odds, and large welcome bonus to the United States.

    The Betsson-owned operator brings more than 15 years of online sports betting industry experience to one of the most competitive markets in the nation. Find out what benefits await new CO customers in our detailed Betsafe review.

    Hits and misses

    Covers hit icon
    Quick account verification
    Covers hit icon
    Enhanced odds
    Covers hit icon
    Frequent promotions
    Covers miss icon
    Available in Colorado only

    Bonuses and Promotions

    Rated #27 of 34 books in this category

    3.7/5

    Lowest Rated

    Tiered Rewards Program

    Betsafe logo

    Rated #27

    Free bet up to $500

    Highest Rated

    Up To $1,250 On Caesars

    Highest Rated

    Up To $1,250 On Caesars

    Betsafe logo

    Rated #27

    Free bet up to $500

    Lowest Rated

    Tiered Rewards Program

    Betsafe sportsbook has also been known to run weekly promotions and offers other perks to reward active customers.

    Sign-up bonus

    Betsafe Colorado's welcome offer is a free bet up to $500. New players must claim the bonus prior to placing their bet, and the minimum wager required is $25. Free Bets expire within 30 days if not wagered. If your initial bet loses, Betsafe will provide you with site credit as follows:

    Loss amount Free Bet amount received
    $25-$49 $25
    $50-$99 $50
    $100-$199 $100
    $200-$299
    $200
    $300-$399
    $300
    $400-$499
    $400
    $500+
    $500

    On-going promotions and bonuses

    All customers should keep an eye out for daily odds boosts on the most popular sports and events. Additionally, you'll find a vast range of prop markets on all top players, including alternate lines.

    The sportsbook celebrates significant sporting events with special promotional offers. For example, basketball fans could earn free bets on March Madness games, and bettors can also get risk-free bets of up $150 for the NHL. You can find the details for the active promotions on the site.

    Betsafe deposits and withdrawals

    Rated #28 of 34 books in this category

    3.6/5

    Deposit options

    Betsafe just added several new deposit options, on top of PayPal. Eager bettors can now use credit cards like Visa, Mastercard, and Discover. Skrill, VIP Preferred, and Mazooma via ACH are also available.

    Deposit Method Fee Process Time
    paypal Logo Free instant $10
    visa Logo Free instant $10
    mastercard Logo Free instant $10
    discover Logo Free instant $10
    skrill Logo Free instant $10
    VIP Preferred Logo Free instant $10
    Mazooma Logo Free instant $10

    Withdrawal options

    The minimum withdrawal amount sites at $15 with options that include: Skrill, PayPal, VIP Preferred and Mazooma. For Mazooma, 70% happens instantly and the remaining 30% is ACH which normally takes one banking day. 

    Withdrawal Method Fee Process Time
    paypal Logo Free 2-5 banking days $15
    skrill Logo Free instant $15
    VIP Preferred Logo Free 1 Banking Day $15
    Mazooma Logo Free 1 Banking Day $15

    Betsafe Key Features

    Rated #24 of 34 books in this category

    4.0/5

    Betsafe has all the bells and whistles that you would expect from a leading online sportsbook. The layout also follows the standard design, so everything is easy to locate.

    Live betting

    Live betting constitutes a big part of online sports betting at Betsafe. The dedicated section presents all of the top matches available in real-time and those coming up soon, too. The schedule is available in advance, and this is where you can pin your favorites. Once on the live betting page, you can see the entire list of markets and a live visual representation.

    Live streaming

    The list of available events with live streaming can be found in the in-play section. The feature is available for a variety of 100s of live sports and events from around the world. However, users will have to sign in and place bets on the match to access the live streaming. The quality is excellent, and it is a perfect way to follow the action while betting online. To access the live streams, you simply need to have money in your account.

    Early cash out

    Nearly all online sportsbooks include early cash out as a standard feature, and Betsafe is no different. Most of the main markets are available for cashing out early and these are marked with a green Cash Out logo when browsing the options. After placing the bets, you can choose to cash out selections from the tab for open bets.

    Poker

    Betsafe Poker is a member of the iPoker Network, which means that it gets good traffic throughout the week. Typically, you'll find more than 2,000 online players and over 500 cash tables running. The poker room also has access to the network-wide promotions, which include a 100% welcome bonus, weekly races, and a dedicated poker loyalty program.

    Betsafe mobile app

    The Betsafe mobile app allows Colorado users to take their sports and markets with them on the go, and it's available for free on the Apple App Store for iOS devices. The app should be available in the Google Play store in the near future.

    It is also possible to bet directly from the browser if preferred. Features of the Betsafe mobile sportsbook include live betting, pre-match betting, live streaming, early cash out, boosted odds, and special promos.

    Betsafe Security and Licenses

    Rated #31 of 34 books in this category

    4.1/5

    Online betting at Betsafe is safe and secure. Betsafe is operated by BML Group Ltd, a company with a license from the Colorado Division of Gaming. It also displays an array of certificates and seals of approval from the likes of eCOGRA.

    Colorado Division of Gaming

    Betsafe Customer Service

    Rated #22 of 34 books in this category

    4.0/5

    Betsafe has won multiple awards for excellence in customer support. The service is unrivaled and deserves the highest rating in our Betsafe review. Users can always get in touch by live chat, phone, and email. The response time is of around 30 seconds for live chat and of an hour by email. Furthermore, you can also find answers to the most common questions via the Betsafe Help Centre.

    • Live chat available 24/7
    • Email: support@co.betsafe.com 
    • Phone: Call-back feature
    • Support languages: English 
    • Twitter: @Betsafe

    Betsafe Review Conclusion

    Rated #28 of 34 books overall

    3.9/5

    Betsafe is a premium operator for online sports betting, earning high marks throughout our review as it lacks any major flaws. 

    Full menu of sports

    The extensive coverage is what makes Betsafe a great fit for all types of bettors. Regardless of the sports you enjoy, you are almost guaranteed to find them here. From football to volleyball, the operator has betting options for almost everything. 

    Simple banking with fast withdrawals

    While Betsafe CO only accepts PayPal at the moment, It provides fast withdrawals without sacrificing security. We expect to find more deposit and withdrawal options here soon.

    Quick facts

    Betsafe promo code No code - Claim now
    Welcome bonus Free bet up to $500
    Top feature Live betting and streaming
    BetSmart rating 3.9/5
    Minimum first deposit $25
    Rollover requirement (welcome bonus) 1x
    Mobile app iOS and Android
    Casino No
    Odds provider BetSafe
    Payout speed 0-5 days
    States with legal access to Betsafe 1
    In-play betting Yes
    Early cash out Yes
    Same-game parlays Yes
    Live streaming Yes
    Bet Now

    Betsafe FAQ

    Yes, Betsafe is a 100% legitimate site for sports betting, casino games, poker, and more. It operates with an license from the Colorado Division of Gaming and has a great reputation on an international level.

    The site and the mobile apps are very safe. Betsafe is certified by eCOGRA for being safe and fair. All connections on the site are encrypted and the operator provides multiple self-exclusion tools so that players are always in control.

    Yes, but only those physically located in Colorado can register with Betsafe. The operator is licensed by the Colorado Division of Gaming.

    The Betsafe Sportsbook welcome bonus is a free bet up to $500.

    No, Bitcoin deposits are not available at Betsafe.

    Yes, you can withdraw from the real money balance from your Betsafe account at any time. Bonus funds cannot be withdrawn.

    Withdrawals are typically processed within eight hours during working days. Sometimes, the process can take up to 24 hours.

    Betsafe provides outstanding customer service. You can contact a support representative by live chat, email, or phone.

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    Michael Duchesne - Covers
    Michael Duchesne
    Senior Sports Betting Editor

    Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting. When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.

    Betsafe
    Overall Rating:
    3.9/5
    Bet Now
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