Betsafe Sportsbook Welcome Bonus & Review
Betsafe has officially launched its online sportsbook in Colorado and is eyeing further expansion as the U.S. sports betting market evolves. New users can join Betsafe Sportsbook today and receive a welcome bonus worth up to $500—no promo code necessary. If your first wager doesn’t win, Betsafe will issue a refund in the form of a bonus bet.
Betsafe is owned by the Betsson Group, a Swedish-based gambling giant that operates a range of international betting platforms including InkaBet and NordicBet. Founded in the 1960s, Betsson initially focused on the Scandinavian market before gradually expanding into Malta, the UK, Canada, and now the United States. Given the company’s global ambitions and scale, it’s unlikely that Colorado will remain its only U.S. market. Betsafe appears poised for broader expansion into additional regulated states over time. In this guide, we’ll walk through everything Betsafe currently offers sports bettors in Colorado—and what could be coming next.
Welcome Bonus at Betsafe Sportsbook – May 2025
As of May 2025, Betsafe is offering a welcome bonus designed to give new users a second chance if their first wager doesn’t go as planned. When you sign up and place your first bet, it will be insured for up to $500. If that first wager loses, Betsafe will refund the amount in the form of a bonus bet. Just note that bonus bets only return profits—not the stake—if they win.
Here are the key details:
- Bonus Code: None required
- Offer: Second-chance bet up to $500
- Legal State: Colorado
- Last Updated: May 7, 2025
Betsafe Loyalty Program
At the moment, Betsafe does not offer a loyalty or rewards program for its U.S. sportsbook. That may be disappointing for frequent bettors hoping to earn points or perks, but it could change. The platform does have a VIP system for its online casino, so it’s possible a similar feature will be introduced for sports betting in the future.
Retail Location Partnership in Colorado
In Colorado, Betsafe is partnered with Dostal Alley Casino located in Central City. However, there is no physical sportsbook at that location, and all sports betting with Betsafe remains mobile-only.
How to Register with Betsafe
Creating a Betsafe account is a fast, mobile-first process. Since the platform doesn’t currently support desktop wagering in the U.S., you’ll need to download the app—available on both iOS and Android—to begin.
After installing the app, you’ll be prompted to provide your name, email address, mailing address, Social Security number, and a new account password. You’ll then verify your email and configure additional security options like two-factor authentication. The entire setup typically takes just a few minutes.
The Betsafe App Experience
Right now, Betsafe does not offer a desktop or browser-based sportsbook in Colorado, although desktop access is available in other markets like Ontario. For Colorado users, everything happens on the mobile app, which is available in both the App Store and Google Play.
Despite having limited ratings in the U.S., the app performs well. It supports live betting, video streaming, detailed game stats, and easy navigation. The layout is intuitive, using a horizontal navigation bar that lets users easily switch between sports and matchups. Key events and promotions are placed at the top for easy access.
The bet slip functions as expected, appearing when you select a wager and allowing for quick parlay building. Payments and withdrawals are handled through the cashier section, accessed by tapping your profile icon in the top-right corner.
Although payment methods are limited, they are reliable. Betsafe supports Visa, Mastercard, bank transfers, Neteller, Skrill, Maestro, and Paysafecard. Minimum deposit and withdrawal amounts start at $10.
Desktop Access (Outside Colorado)
While not yet available in Colorado, Betsafe’s desktop platform is live in other regions. It mirrors the mobile app with easy navigation, live betting, and a clean layout. Your bet slip appears on the right, with current bets and account features accessible in the top corner.
Sports Coverage and Betting Markets
Betsafe offers a wide variety of sports and leagues to bet on, including the NFL, NBA, MLB, NHL, college football, UFC, and PGA Tour. International sports like Formula One, rugby, cricket, and tennis are also available.
Live betting, or in-play betting, is a strong point for Betsafe. While smaller events may have fewer options, major games often feature dozens of live markets. Odds update frequently in real time and are color-coded to reflect line movement.
When it comes to bet types, you’ll find all the usual suspects—moneylines, spreads, totals, props, futures, and parlays. Same-game parlays are available across several sports. To see all available bets for a game, click the plus icon next to the listing.
For futures, simply browse to your sport of choice from the A-Z menu, then select the futures tab. Options range from league champions to MVP winners and more.
What Betsafe Doesn’t Offer (Yet)
In Colorado, state laws prohibit wagering on high school sports and limit prop bets on college games. You also won’t find betting on unregulated esports. Aside from these restrictions, Betsafe offers most of what bettors expect—but could benefit from additional promotions and a wider range of ongoing offers.
Odds Boosts and Promotions
Outside of the sign-up bonus, Betsafe’s promotional offerings are fairly light. Daily odds boosts are the main feature here, improving payout potential on select markets. These boosts are typically tied to trending matchups or storylines and appear near the top of the app’s homepage. While useful, the volume and variety of promos don’t yet match what larger U.S. sportsbooks offer.
How Betsafe’s Odds Stack Up
For major U.S. leagues, Betsafe’s odds are generally in line with the industry standard. Where the platform excels is in its pricing for European soccer leagues—particularly the English Premier League. If you enjoy betting on international football, Betsafe is worth a closer look.
Banking Options and Cash at Cage
Deposits and withdrawals at Betsafe are mostly fee-free and process efficiently. Available methods include Visa, Mastercard, bank transfer, Neteller, Skrill, Paysafecard, and Maestro. Withdrawals are typically processed the same day, though high-volume periods may cause slight delays.
In Colorado, you can also withdraw or deposit cash in person at Dostal Alley Casino through the platform’s “cash at cage” feature.
Customer Support
Betsafe provides a few different customer service channels. The fastest way to get help is via the app’s live chat feature, where an agent typically responds within a minute. Email support is also available, usually replying within the hour. While there is no direct phone line, users can request a call back, which generally happens within 15 to 60 minutes. Betsafe also maintains a Twitter presence at @Betsafe for updates and light support.
Responsible Gambling Commitment
Betsafe is dedicated to responsible gambling practices. Its website includes links to self-exclusion tools, responsible gambling policies, and external resources like the National Council on Problem Gambling. Users can also initiate self-exclusion or set deposit limits directly through their account settings.
Notable Partnerships
Despite its recent arrival in the U.S., Betsafe has already secured partnerships with major sports organizations, including the NBA and MLB. Internationally, it’s known for its sponsorship deal with Premier League powerhouse Manchester City. Additionally, Betsafe has expanded its partnership with payment provider Paysafe since launching stateside.
The History Behind Betsafe
Betsafe is a product of Betsson AB, which has been in the gaming business since 1963. The company began in Sweden and later expanded into other European markets before launching in North America. Betsson currently operates more than 20 online gambling brands globally.
Betsafe itself debuted in 2016 and has undergone significant development since. It entered the U.S. in March 2022 through Colorado and has indicated plans to grow methodically across other legal states.
Final Thoughts on Betsafe Sportsbook
Betsafe’s U.S. launch may have flown under the radar, but the product is built on decades of international experience. It offers a straightforward and reliable sports betting experience for both new and seasoned bettors.
The platform’s simplicity, international sports coverage, and growing live betting options make it an appealing choice—especially for users in Colorado. While there’s still room for growth in terms of promotions and banking flexibility, Betsafe appears to be building a solid foundation in the U.S. market.
