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Betsafe Review

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Betsafe
100% Bonus up to $500
94607181Gambling Problem? Call: 1-800-522-4700 or Visit: https://www.ncpgambling.org/chat/<br />

For more than 50 years, Betsafe has perfected its trade in the betting business. Recently, the company launched its sportsbook in the US under the Betsafe brand. In this Betsafe review, we take you through the highs and lows of this seasoned operator. Keep reading.

Overview

Website:https://co.betsafe.com/
License:94607181
Company:Betsson U.S. Corp.
Regulator:Colorado Department of Revenue
Applications:AndroidiOS
Minimum Deposit:10$
Minimum Withdrawal:10$
Payment Methods:
VISA
Mastercard
Paypal
Skrill
VIP Preferred
Bank Transfer
Bonus:
100% Bonus up to $500

Pros and Cons

Feature-packed and intuitive app
Great odds and in-app promos
Huge variety of events and markets to bet on
No sign-up bonus yet
The use of a different brand name does not inspire confidence

Betsafe Sportsbook Review

Betsson is a Swedish operator that has served the UK and Sweden for several decades. In March 2022, it launched in Colorado under the Betsafe brand.

Currently, only mobile users can access the sportsbook via Android and iOS-powered apps. For this article, we will refer to the sportsbook as Betsafe.

This Betsafe sportsbook review covers all the nitty-gritty you need to know about this operator. We will look at its promos, odds, and markets. Let’s dive in!

Is Betsafe Legit? (Can You Actually Win?)

Despite the sportsbook operating under a different brand name in the US, Betsafe guarantees 100% security for its clients. The operator currently holds a GLI 33 Certification under the Betsafe brand. This certification from Gaming Laboratory International in Colorado permits it to operate in several States in the USA.

Betsafe is licensed and regulated by the State of Colorado Department of Revenue in the Division of Gaming.

Betsafe Bonus Code & Promotions – Could Do Better

Sadly, fans will have to wait a little longer for a Betsafe bonus as there is not currently one available. However, judging by the operator’s offers to other markets like the UK and Sweden, we expect great deals when they finally launch properly. In the two markets above, the company offers a 100% deposit match-up bonus of up to $100 and an extra $10 in free bets.

As of now, anyone joining Betsafe will have to be contented with what’s on the table. The following are some of the bonuses we expect to see at Betsafe soon.

100% Sign-up Bonus +$10

This is all speculative, but given what we know about existing offers from the brand’s sportsbooks in other markets, Betsafe may offer clients a 100% deposit match-up bonus of up to $100 and an additional $10 as part of its welcome promo. This bonus comes with a lenient 6x wagering requirement.

Acca/Parlay Insurance

Parlays can be very disappointing when you miss the mark by one outcome. Judging by the offer for the UK market, gamblers in the US should expect to get back up to $20 in cash on parlays that lose by one leg.

Betsafe App & Site – Intuitive Mobile App

When Betsson settled on Betsafe as its face in the US, clearly they had done their homework. The Betsafe app is a masterpiece. It’s efficient, intuitive, and user-friendly, and it packs in a boatload of useful features.  Below are some of the highlights of the mobile app.

Betsafe Mobile Experience Highlights

  • Feature-packed live betting section
  • Efficient and easy to use
  • Cool interface and well-laid-out tabs

Betsafe Desktop Experience Highlights

  • Desktop site is not available yet

Betsafe Odds – On Par With The Best

Betsafe understands that promos and bonuses get clients on board, and good odds keep clients. This is no surprise considering that the operator has been doing this for over 50 years. Its clients also get to enjoy boosted odds on several events besides the already generous odds.

Boosted Odds

Boosted odds come with a higher value than the current market rate. Betsafe percentages boost for parlays depend on the number of legs in a particular parlay. These boosts start at 3% for a 4-leg parlay and increase to 200% for a 30-leg parlay. Note that the minimum qualifying odds for each leg is -500.

Betsafe Sports Betting Review

If you are an ardent bettor, then you will love the Betsafe sports catalog. It’s one of the most extensive we have seen. Some of the popular games you will find here include baseball, basketball, NFL, and hockey.

NBA

The NBA is one of the biggest franchises in the world. Players can place their Betsafe bets on all NBA games throughout the season.

NHL

Betting on NHL has never been this fun. Betsafe offers loads of exciting markets guaranteed to keep NHL fans glued to their phones.

NFL

Online betting is fun when you have infographics, statistics, and real-time trackers all under one app. Betsafe is your one-stop shop for endless in-play betting on NFL games.

Soccer

There are lots of leagues and tournaments at Betsafe online betting. Don’t miss out on the fun as the World Cup takes center stage this year.

Betsafe Casino Review

Betsafe online casino is yet to launch in the USA, but we believe it’s in the pipeline and could be available soon. Judging by the company’s product in the rest of the world, we expect a solid online casino when it launches.

Below are some of the features to look forward to based on their global site.

$1000 + 200 Free Spins Welcome Bonus

Every new player signing up with Betsafe online casino receives a 100% deposit match of up to $1000 plus 200 free spins.

Daily Drop and Wins

Betsafe Daily Drops and Wins tournaments come with cash prizes of up to $500,000.

Daily Cash Draws

There is $60,000 up for grabs for live casino and slot players.

Betsafe sportsbook launched in Colorado at the beginning of 2022. They are yet to venture into other states, but we expected that to happen soon.

Betsafe Deposit and Withdrawal Methods

Betsafe’s withdrawal and deposit methods are limited compared to other top sportsbooks that we’ve reviewed. It is understandable since they are new to the market. Let’s have a look at the options below.

How can I deposit money on Betsafe?

While Betsafe’s deposit options are limited, they are instant. The minimum deposit amount is $10 across the board apart from bank transfers, which may take up to five days.

  • Visa – 5% fee
  • MasterCard -5% fee
  • Amex -5% fee
  • Discover -5% fee
  • Skrill – free
  • PayPal -free
  • Bank Transfer – free (but may take up to 5 days)

How can I withdraw money from Betsafe?

Betsafe withdrawals can be made via Bank Transfer, Visa, or Skrill. All withdrawals are free but have varying wait times. Also, note that the minimum withdrawal amount is $20.

  • Bank transfer – takes 3-5 days
  • Skrill – takes 1-2 days
  • Visa – takes 3-5 days

Betsafe Sports Betting Markets

Betsafe sportsbook has an impressive array of betting markets considering that it launched in the US just recently. Besides the traditional pre-game markets like moneylines, spreads, totals, and futures, the operator also has an impressive list of in-play markets.

To give you an idea of how extensive their markets are, we’ve seen a few single events with more than 200 markets.

Live Betting

We had to start with this market given how impressive it is. Betsafe has been offering live betting in Europe for years now. And boy oh boy! They have the best in-play section we’ve come across.

For starters, the score page has well over 100 markets. It’s mind-boggling that there are this many options in the middle of a game. That is just the tip of the iceberg though.

The live tracker and statistics section will blow your mind. You get a real-tracker of the event, in-game statistics, head-to-head comparison, table position, live commentary, and live line-ups to name just a few.

Moneylines

Moneyline predictions are about picking the winner of an event. If your prediction is correct, you win. If the game ends in a draw or the opponent wins, you lose. Betsafe offers plenty of these in its gaming lobby.

Totals

Totals are considered relatively safe options compared to moneylines. To win, you must correctly predict whether an outcome will be over or under a set number.

For instance, a basketball game might have a total score of over or under 215. If one team scores 120 points and the other 100 points, an “over” prediction will have won.

Betsafe Login and Registration

Before you can place bets at Betsafe, you will need to register an account. Since Betsafe does not support web betting, you will have to download the mobile application first.

The application process is a breeze once you’ve installed the app. It took us less than three minutes to register an account. Here is how we did it.

Step 1: Download the App

If you are using an iOS device, you can download the application from App Store. Google Play Store does not feature gambling apps, so Android users will have to download the app from Betsafe’s website.

Step 2: Fill in Your Details

Launch the app and click on “create an account.” Fill in the details accurately as you will need to provide proof during the verification process later on.

Step 3: Verify Your Account

Most people prefer to wait until prompted to verify their account, but we advise that you complete this process as soon as possible. Upload the documents required to prove your address, age, and bank account information.

Step 4: Fund Your Account

Click on your profile, navigate to the wallet, and select your preferred deposit option. Finally, enter the desired amount and confirm. You are now ready to start betting on sports.

Betsafe Live Bets and Streaming Services – Best in Their Category

As we said, Betsafe’s live gaming services are hands down the best you will come across. For starters, the score page features well over 100 markets.

Your mind will also be blown away by the statistics and live tracking sections. A real-time event tracker, in-game statistics, head-to-head comparisons, table positions, live commentary, and real-time line-ups are all included.

There isn’t a live stream option yet, but we doubt you will need one anyway.

Head-to-Head Comparison

This feature allows you to look at the two teams’ head-to-head encounters in the past. It comes in super handy when you want to predict the outcome of a game.

In-Game Statistics

These include the number of bookings, attempts at goal, corners given, and many other significant statistics in the game.

Betsafe Customer Support – Prompt and Friendly

As we always do when reviewing sportsbooks, we put Betsafe’s customer support team through their paces and they did not disappoint. We first contacted them through the live chat and got hold of an agent within seconds. The agent was polite and very helpful, and we were satisfied with the responses we got.

Besides the live chat option, you can contact Betsafe via email. The average response time via email is less than 24 hours.

Betsafe Company History

Betsson AB is a Swedish company that was founded in 1963. It grew over the years, expanding to markets in Europe, China, and Africa. Its latest venture was to stake a claim in the recently opened North American market.

Today, the Betsson brand runs several renowned gaming companies including Betsson, Nordicbets, and Betsafe (US). In the US, they are only available in Colorado but are expected to enter more states soon.

Betsafe vs Other Sportsbooks

Overall, we are impressed with the effort shown by Betsson when it launched the Betsafe sportsbook in the US. Despite the lack of a welcome bonus, its markets and app function are world-class. If you judge Betsafe based on what it has to offer so far, you will definitely appreciate it.

We have one little suggestion: the addition of a US website for sports betting.

Conclusion - Is it Worth Betting on Betsafe?

Sure, Betsafe is a worthy operator. It has a valid license and is regulated by Colorado’s Division of Gaming. It is operational in various parts of the world and has won numerous awards.

Finally, Betsafe works with trusted banks and financial institutions to ensure the integrity of its clients’ money.

Frequently Asked Questions about Betsafe

Betsafe’s Sportsbook is a fully licensed and regulated betting site in Colorado. Its owner has an established track record of managing online gaming enterprises. Our readers can be certain that their winnings, funds, and personal information are secure with the sportsbook.

The Betsafe sportsbook accepts credit cards for deposits. You can fund your account via Mastercard, Visa, Discover, or American Express.

Before you may make any withdrawals, your Betsafe account must be verified. To complete a withdrawal, tap the “My Profile” tab, choose “Wallet,” and click “Withdraw.”

The maximum amount you can win for a bet is $120,000. The maximum amount you can win in a day is $300,000. The maximum winnable amount in a week is $600,000.

Betsafe Sportsbook processes withdrawal requests within 24 hours. Once your requests have been fulfilled, it might take up to five days for the money to show up in your account. You will get your money within two days if you choose Skrill.