Betsafe Promo Code - 100% Deposit Match Bonus, Up To $500

Last Updated: Feb 2, 2023
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Fact Checked By: Josh Collacchi

The Betsafe promo code gives new users a 100% deposit match, up to $500, when they sign up for a new account. This is the best welcome offer to use for Betsafe sportsbook.

🎁 Betsafe Promo Code100% Deposit Match, Up To $500
📍 States AvailableColorado, With More Coming Soon
💰 Betting TypesFull-Service Sportsbook
🖊️ Welcome Bonus Offer100% Deposit Match, Up To $500
📲 Betsafe Mobile App AvailabilityiOS and Android devices
📆 Last Validated February 2, 2023

While you may not have heard of Betsafe until recently, more and more European operators like Betsafe are coming to the U.S. with legal sports betting growing rapidly. Among the first states to adopt legal sports betting was Colorado, in November 2019. Since then, Colorado has featured one of the most developed and expansive sports betting markets. Colorado is also the first state to offer Betsafe sportsbook as an online sports betting option. Betsafe comes from the European brand, Betsson, but with a brand name change for U.S. sports betting.

Colorado bettors, who are at least 21 years old, can sign up at Betsafe Colorado and enjoy this great sportsbook. By utilizing the Betsafe sportsbook bonus code link in this article, new users can immediately take advantage of a 100% deposit match welcome bonus, up to $500. Use this promo code offer, if Betsafe is in your state (Colorado), as it is one of the best sportsbook promo codes available.

Below, we will go over the welcome offer and discuss Betsafe as a whole, showing why it is one of the best Colorado online sportsbooks.

Betsafe Promo Code - Get A Deposit Bonus Worth Up To $500

It's very it easy to redeem the Betsafe sportsbook promo code. Instead of having to remember the promo code and find where to type it, the Betsafe promo code is applied automatically through our link. Make no mistake, even if BetSafe sportsbook is a new brand in the U.S., it is one of the best online sports betting sites given the history overseas with the Betsson brand.

New users, who are at least 21 years old and in Colorado, can click our Betsafe sportsbook promo code link to redeem the welcome offer. Once you create a new account, Betsafe is giving you a 100% deposit match, up to $500.

Betsafe Sportsbook Bonus Offer

The Betsafe sportsbook bonus offer is one of the best for Colorado sports bettors. By clicking our Betsafe promo code link, you will be taken to Betsafe, where you can create your new account.

On your very first deposit, Betsafe online sportsbook will match your deposit dollar-for-dollar, up to $500. This means you can immediately double your money before placing your first wager, making this a great deal. The minimum deposit requirement to claim this bonus offer is $10.

Betsafe Bonus and Welcome Offer

There is no need to remember any of the Betsafe promo codes to redeem the welcome bonus. As long as you click our Betsafe promo code link, the promo code will be linked to you and will be applied upon funding your new account. The Betsafe welcome bonus of a 100% deposit match, up to $500, is a popular one among new sports bettors.

These bonus funds are issued as a non-refundable site credit. To complete the rollover wagering requirements, you must wager five times your deposit amount on qualified minimum odds of -200 or longer. Then, you are free to withdraw any funds you deem fit.

Betsafe Sportsbook Minimum Deposit

The Betsafe sportsbook minimum deposit to claim the welcome offer is $10. A $10 first-time deposit after signing up through our promo code link would give the new user a bonus of $10 in their wallet. There is no qualifying bet settlement or any other requirements to receive your bonus funds.

New users, who are at least 21 years old and within Colorado state lines, are given a deposit match, up to $500. Betsafe sportsbook allows for many different deposit methods, including all of the following:

  • Credit and Debit Cards: Mastercard and Visa accepted
  • Online Banking
  • PayPal
  • Skrill
  • Paysafecard
  • PayNearMe

Betsafe Sportsbook Legal Age

The Betsafe sportsbook legal age is 21 years old. This means that anyone who is at least 21 years old and in the state of Colorado will be eligible to click our link, create a Betsafe account, and claim the welcome bonus on their qualifying deposit.

Betsafe Sportsbook Colorado Launch Date

Colorado bettors are able to enjoy the Betsafe online sportsbook today, since the Betsafe Sportsbook Colorado launch date was in March 2022. While there is no Betsafe website, there is a Betsafe app. Click our link below to claim your deposit match bonus and start betting today.

Betsafe Bonus Code: Deposit Bonus, Up To $500

The Betsafe bonus code deposit bonus, up to $500, can be claimed by clicking our link and creating an account today. This initial bonus offer gives users an immediate deposit match, doubling the new user's bet credits in their new Betsafe account, up to $500.

This is an exciting welcome offer since there is no waiting for a bet settlement or the risk of not getting any bonus funds. Unlike the welcome offer of some other betting sites, new users at Betsafe are rewarded immediately with a dollar-for-dollar match on their first deposit.

How To Redeem Betsafe Sportsbook Promo

It's easy to redeem the Betsafe sportsbook promo code matched bonus offer. Click our link, taking you to the Betsafe app. Download the app from the Google Play Store or Apple App Store, create your new account, make a first deposit of at least $10 using one of the sportsbook's deposit methods, then enjoy the sportsbook with your bonus money.

In order to withdraw funds, you must play through five times your first deposit amount on odds that are -200 or longer (i.e. -110, +200, +500). This is the only wagering requirement to withdraw your funds.

Betsafe Review

Despite being a new sportsbook, Betsafe has a wide variety of betting options. There are many different sports offered, including some of the best Esports coverage in the online sports betting market. Betsafe also offers live betting, giving users the option to place wagers while games are going on.

These features, combined with fast payments, a great app, and strong customer service, make Betsafe an online sportsbook to sign up for -- as long as you are in Colorado.

Betsafe Sportsbook App Review

Betsafe Colorado launched in March 2022, providing a mobile app for customers who are at least 21 years old to bet from anywhere in the state. With a great welcome offer that can be claimed by clicking our Betsafe promo code link below, Betsafe is a sportsbook that eligible users should sign up for.

Betsafe has competitive betting odds, a wide variety of betting options, and daily odds boost options. Having an account at Betsafe ensures you don't miss out on some of the best odds in the entire Colorado sports betting market.

What States is Betsafe Sportsbook Available?

Betsafe sportsbook is currently only available in one state -- Colorado. With that said, Betsafe is a US-branded version of the Betsson name which has a foothold in many areas overseas.

As a new brand, Betsafe is eventually looking to enter other states such as New YorkIllinois, and new sports betting states such as Ohio and Kansas.

Betsafe Sportsbook: Pros and Cons

Below is a list of Betsafe sportsbook pros and cons that you should read when you choose to sign up using the Betsafe sportsbook promo code via the link below.

Pros:

Sign-Up Offer

The Betsafe sportsbook promo code sign-up offer is one of the best in the industry. The sign-up offer is a 100% deposit match, up to $500. By clicking our link, the promo code offer will be applied to your new account and will be activated upon funding the account.

Odds Boosts

There are a few Betsafe promotions available to both new and existing users. One of the best promotions is the odds boosts, which improves the odds of specific bets. These boosted odds make it so Betsafe has the most profitable odds on the market for these specific bets.

Customer Support

The customer support Betsafe offers is award winning. The sportsbook offers the ability to contact customer support through email, for less urgent issues. If you need a quick answer, there is a live chat available to answer your online sports betting questions.

Betsafe also has a program called "voice of the customer," where the sportsbook receives user feedback to improve its product.

Withdrawal Methods

Betsafe Sportsbook has multiple withdrawal methods for users. This allows for quick and easy payouts, usually within 24 hours. Popular withdrawal methods include PayPal, Skrill, credit card and bank transfers.

Cons:

No Website

There is currently no Betsafe website for the sportsbook in Colorado. However, there is a Betsafe app, which allows you to use Betsafe sportsbook from anywhere in the state of Colorado.

Availability

Obviously, Betsafe sportsbook isn't widely available. Currently, Betsafe is only available in Colorado, so you have to be in that state to bet on Betsafe sportsbook.

Betsafe Sportsbook Top Features

Betsafe is a great sportsbook that is only going to get better. The sportsbook already has industry-leading features and an outstanding app. As the sportsbook continues to grow its footprint, the features it showcases will grow as well.

Competitive Sports Betting Odds

Betsafe sportsbook offers competitive sports betting odds. The sportsbook often has more favorable odds than some other books. With daily odds boosts, the sportsbook offers odds you will not find anywhere else in the market.

Sportsbook Features

Betsafe sportsbook offers many great features for its users. This includes in-game betting, promotions, many payment options, and helpful customer support on the easy-to-use app.

Market Variety and Sports Offering

Betsafe online sportsbook has a strong market variety and sports offering for a new sportsbook. You can find betting odds for all of the major sports on this mobile app. Where Betsafe sportsbook truly sets itself apart is its coverage and offerings for esports.

Sportsbook Reputation and Reliability

Betsafe may be a new sportsbook in the U.S., but it already has a great reputation. This is because the parent company, Bettson, is a long-time sportsbook operator in Europe, dating back to the 1960s.

The high quality and reliability of Bettson can be seen with Betsafe, making it a sportsbook that users should sign up for -- click on the link below to gain access to the deposit match welcome offer.

Mobile App Design And Accessibility

The Betsafe mobile app is clean and incredibly user-friendly. Available on both the Google Play Store and Apple App Store, users in Colorado can download the app and bet from anywhere in the state.

With your bet slip and the sportsbook offering located on the bottom bar, you can access everything quickly and easily, making the Betsafe app a great experience for its users.

Bet Types Available At Betsafe Sportsbook

Betsafe sportsbook offers many different bet types for sports leagues throughout the world. These are the most common bet types on Betsafe.

Moneyline

The most straightforward type of wager is a moneyline bet, since it is simply picking the winner of a game or match. Moneyline betting odds can range from plus or minus numbers as high as 10,000, in extreme circumstances for games that are expected to be lopsided.

Betting odds for the favored team will be listed as a negative number, like -120, meaning you have to risk $120 to win $100. For the underdog, the odds will have a positive number, like +140, meaning you only need to risk $100 to win $140.

Parlay

Parlay bets are wagers that combine multiple bets together for a larger payout, but all legs must win for the parlay to cash. Since the level of difficulty for winning a parlay is greater, the odds and payouts are greater as well. 

A parlay can feature moneylines, spreads, totals, and prop bets across different sports. For example, a three-leg parlay could have Broncos -4.5, Rockies-Dodgers over 9.5 runs, and Nuggets -140. If all three legs hit, it could lead to a big payout. However, if one of the three bets within the parlay loses, then the entire parlay is graded as a loss.

Live Betting

Betsafe offers live betting, also known as in-game betting. This allows users to place wagers while the game is taking place, giving you the opportunity to bet on odds or outcomes that weren't offered pregame. 

For example, the Denver Nuggets may have a -5.5-point spread with -110 odds pregame, but following a poor first quarter, Betsafe may adjust the lines to Nuggets -1.5 with the same -110 odds.

Over/Under Totals

Over/under totals are most often used when betting whether two teams in the game will combine for more (over) or less (under) points than the total number provided. Betsafe offers over/under totals for the full game, halves, quarters, and more. Most over/under totals have -110 odds on both sides.

Prop Bets

Prop bets are wagers on in-game outcomes, such as the over under total points for NBA MVP Nikola Jokic. Betsafe offers team props, such as betting on a team's total points scored, as well as player props, such as a player scoring a touchdown in an NFL game.

Futures

Futures bets are wagers on outcomes that occur in the future, such as a league championship or end-of-season awards. Since futures bets are often placed weeks or months in advance, the odds can be quite profitable.

Betsafe Sportsbook Rewards And Loyalty Program

Betsafe has rewards and a loyalty program for its casino, allowing users to earn loyalty points by playing poker. However, the sportsbook does not yet have one. Something similar should eventually become available for the sportsbook as well.

Loyalty points earned will surely be able to be exchanged for bet credits and/or cash-back bonuses, much like their casino loyalty program once the sportsbook rewards and loyalty program is launched.

Deposits And Withdrawals At Betsafe Sportsbook

Deposits and withdrawals at Betsafe sportsbook are quick and easy. While the payment options are a bit more limited than some of the larger online sportsbooks, Betsafe still accepts the most common methods to withdraw or deposit money.

The only notable payment method not accepted at Betsafe is American Express cards. However, these other payment methods for deposits at Betsafe sportsbook are accepted in Colorado:

  • Credit and Debit Cards: Mastercard and Visa accepted
  • Online Banking
  • PayPal
  • Skrill
  • Paysafecard
  • PayNearMe

Betsafe Sportsbook Withdrawal Methods

The Betsafe sportsbook withdrawal methods reflect their deposit options. Sports bettors will be able to withdraw their winnings via bank transfer, PayPal, Skrill, and more.

Enjoy Legal Sports Betting At Betsafe Sportsbook

The Betsafe mobile app is currently only offered in Colorado. According to sports betting rules in Colorado, you must be at least 21 years old to sign up. You do not need to be a Colorado resident to enjoy Betsafe, however. Anyone inside state lines can bet online at Colorado sportsbooks.

Colorado sports betting has a 10% tax rate for online sportsbooks, which includes Betsafe. There are now more than two dozen online casinos in Colorado, creating a large amount of competition for Betsafe.

Responsible Betting With Betsafe Sportsbook

Since Betsafe sportsbook is a licensed sportsbook in the state of Colorado, it is regulated by the Colorado Division of Gaming. This means the sportsbook must uphold a high standard to ensure it is promoting responsible betting.

This includes high-quality customer support that is easy to connect to. Customer support also provides many helpful resources and answers. Betsafe also has tools for customers to limit their time or money spent on the sports betting app.

Betsafe Sportsbook App Review And Promo Code Final Thoughts

The new Betsafe sportsbook app is a great one that Colorado bettors should download today. It is a user-friendly app and online sportsbook that offers great odds. The welcome promotion, which gives new users a 100% deposit match, up to $500, makes it worth signing up for today.

Since Betsafe is among the newest online sportsbooks on the market, there are more features that will surely be added down the road. This includes a wider array of payment options, more promotions, and a larger selection of betting options for every game. With those sure to come, it is worth getting signed up for Betsafe today to take advantage of everything the sportsbook has to offer.

Betsafe Sportsbook Promo Code FAQs

What is the bonus code for Betsafe Sportsbook?

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The great thing about the Betsafe Sportsbook bonus code is that it is automatically applied through our link. Click the Betsafe sportsbook promo code link to be taken to the sign-up page. Once there, create your new account and deposit at least $10. As long as you use the link provided, you will automatically receive the deposit match welcome offer.

What states can I play at Betsafe Sportsbook?

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Colorado is the only state to offer Betsafe as one of its online sportsbooks. However, more states are sure to come.

Is Betsafe legal in Colorado?

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Yes, Betsafe is legal in Colorado. Betsafe sportsbook obtained a sports betting license from Colorado's Limited Gaming Control Commission in December 2020. Betsafe officially launched in March 2022.

When will Betsafe launch in Colorado?

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Betsafe launched in Colorado in March 2022, meaning you can sign up today via our promo code link. The Betsafe sportsbook promo code gets new users a 100% deposit match, up to $500.

Will Betsafe expand into other US states?

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Yes, Betsafe is sure to expand into other US states. With how great of a sportsbook Betsafe Colorado is, the company will likely look to expand into other sports betting markets. However, there is currently no specific timeline for expansion.

How do I claim my bonus on Betsafe?

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As long as you follow the steps in this Betsafe sportsbook review and click through our link to create and fund your new account, you will automatically qualify for your bonus. Betsafe Sportsbook Colorado gives you a 100% deposit match, up to $500, when you sign up today.

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Zach Brunner
Contributor since May 2022
Zach has contributed to both the fantasy sports and sports betting industries for several years. Along with his company FlurrySports, you may have seen Zach's work at Awesemo, FantasyPros, BettingPros, FanDuel and many others.
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