Betsafe Sportsbook Review

24 min read
Betsafe Sportsbook

A Big Welcome Bonus Offer

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CO
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Min. First Deposit
Max. Withdrawal
Withdrawal Speed
Vig
BetSafe $500 in Bonus Bets
Author
Nick Ashbourne
Nick Ashbourne
Senior Writer
Last Updated: Jun 13, 2024, 7:28 PM

Betsafe Pros and Cons

Pros
Cons

What Users Say About Their Overall Experience

4
Reviews
Updated Jun 21, 2024, 5:46 PM
50%
Positive
0%
Mixed
50%
Negative
AI
User Reviews Analysis

Betsafe does not have enough user reviews to create a summary of its user reviews.

Recent reviews
Betsafe Sportsbook

Great so far. I'm winning and I have only been playing for 30 minutes or so.

Joel Eighmy
12/04/2023
Betsafe Sportsbook

Fair good

Carmen.R. Maldonado
10/18/2023
Betsafe Sportsbook

Worst Sportsbook I've ever used. Extremely slow payouts and the support chat people are completely incompetent and have no idea what they're doing. Please save yourself the strife and do not use this sportsbook. there are many other better ones to use.

Robert Hannaman
10/08/2023

Betsafe Review Quick Facts

Founded1963
HeadquartersStockholm, Sweden
Welcome Offer$500 Second-Chance Bet
Min. Deposit$10
Betting AppiOS & Android
DesktopYes
Withdrawal TimeInstant, or up to two weeks depending on method
Online Since2006
Payment MethodsCredit/Debit Cards, ACH, PayPal, Play+ & VIP Preferred
SupportLive Chat and Email
Markets20+ MLB, NFL, NBA, NHL, etc.
AvailabilityCO

Betsafe Sportsbook Review - Overview

Betsafe is part of the Swedish-based Betsson Group — that has been active in the gambling business since the 1960s when it got its start providing slot machines to restaurants.

The organization has come a long way since then and now has several betting brands under its umbrella including Betsson, NordicBet, Star Casino, JallaCasino, and more.

Betsafe itself has been active since 2006 and claims to have 600,000 weekly active customers in over 100 countries around the world. While it is a recognized gambling giant, it is fairly new to the United States, launching in Colorado back in 2022.

This Betsafe review will examine whether Betsafe covers all its bases providing the features bettors are looking for and help them find answers about whether it's a top-tier sportsbook.

Betsafe Bonus

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Betsafe Offers & Bonuses

Betsafe Bonus

Betsafe has various bonuses and promotions on an ongoing basis, but its most significant bonus offer is its welcome bonus.

The sign-up bonus available to new customers is in the format of a no-sweat bet, meaning that the first bet they make will be refunded as a bonus bet if they lose. This promotion applies to a first bet up to $500.

The bonus bet a new customer receives will take the form of a single sum that must be used on an individual wager. They cannot split up the total of their sign-up bonus into multiple bets.

Bonus User Reviews

4
Reviews
Updated Jun 21, 2024, 5:46 PM
0%
Positive
0%
Mixed
100%
Negative
AI
User Reviews Analysis

Betsafe does not have enough user reviews to create a summary of its user reviews.

Recent reviews
Betsafe Sportsbook

Where are my bonus bets for sign up? If you guys are too broke to be on the other side of gambling then just say so. How about don't say you're going to give someone bonus bet money if you really don't intend on doing so?. Problem solved...

Joshua Webster
09/28/2023

Betsafe Location Availability

Map of US with states Betsafe is legal

Betsafe may be a large sportsbook and online casino internationally, but its presence in the United States is modest. 

So far it only exist in Colorado, and it's exclusively a mobile betting option with no desktop functionality for residents of the Centennial State.

While Betsafe is best known in the European market, its footprint in North America extends to Canada as well with the Swedish sportsbook available in Ontario.

Sports Betting with Betsafe

Betsafe Home

This Betsafe review aims to give you an idea as to whether this sportsbook is one of the betting sites worth considering and if it has attractive bonuses and promotions as well as an excellent live betting platform.

Betting with Betsafe isn't just about bonuses and enhanced odds. We aim to give you a summary of what it's like to bet with this platform that also includes customer service insights and an idea of the responsible gambling tools on offer.

Betsafe User Experience

While the quality of any sports betting experience tends to be most dependent on betting options, competitive odds, live betting functionality, and bonus offers, there's a lot to be said about how it feels to use a sportsbook.

This European gaming company has kept that in mind presenting bettors in Colorado with a user-friendly interface.

Usability, Look, and Feel

Betsafe app

While there is no desktop version of Betsafe in Colorado, the mobile app users have access to is convenient.

The Betsafe mobile app puts odds boosts, same-game parlays, and live betting at the top of the screen, making those features easy to access with a scrolling carousel of various matches directly below. Beneath that row, lines are sorted by sport and divided into 'upcoming' and 'live' sections.

On the bottom bar customers can use the search function, look at their own bets, and access online casino games.

The mobile app uses a black-and-white color scheme with red accenting that isn't particularly exciting visually, but it's a workmanlike presentation that most bettors won't find off-putting.

What Real Users Say About the Betting App Experience

4
Reviews
Updated Jun 21, 2024, 5:46 PM
0%
Positive
0%
Mixed
100%
Negative
AI
User Reviews Analysis

Betsafe does not have enough user reviews to create a summary of its user reviews.

Recent reviews
Betsafe Sportsbook

Worst Sportsbook I've ever used. Extremely slow payouts and the support chat people are completely incompetent and have no idea what they're doing. Please save yourself the strife and do not use this sportsbook. there are many other better ones to use.

Robert Hannaman
10/08/2023

How to Sign up With Betsafe

Opening an account with Betsafe requires the completion of three steps. To sign up, you need to do the following:

  1. Provide your email and the password you'd like to use for the account
  2. Fill out a page of information that includes your name, phone number, address, ZIP code, city and state.
  3. Accept Betsafe's terms and conditions while confirming you are not a minor.

Once these steps have been completed, new customers will be able to deposit money in their Betsafe sportsbook accounts and begin making wagers.

Sports and Leagues at Betsafe

Football
NFL
National Football League
Available
Basketball
NBA
NBA
Available
Baseball
MLB
Major League Baseball
Available
Hockey
NHL
National Hockey League
Available
Soccer
UEFA
UEFA
Available
Soccer
UCL
UEFA Champions League
Available
Soccer
UEL
Europa League
Available
Football
CFL
CFL
Not available
Football
NCAAF
NCAAF Football
Not available
Cycling
cycling
Cycling
Available
Basketball
NCAAB
NCAA Basketball
Available

Online Sports Betting Markets at Betsafe

Betsafe sportsbook covers a wide range of betting options users expect, letting customers wager on futures, individual games, prop bets, and live events.

Here's an overview of the markets provided by Betsafe.

Bet TypeBetsafe Offers
Moneyline
Point Spread
Over/Under (Totals)
Props (team/player/score)
Futures
Parlays
Teasers
Live In-Play Betting
Asian Handicap
Exacta/Trifecta/Quinella/Superfecta
Half-time/Full-time 
Outrights
Accumulators
Period Betting

Sports Leagues to Bet On at Betsafe

One of Betsafe's differentiators is the vast array of betting options it offers. 

Not only can you bet on a wide variety of leagues in popular international sports like soccer and basketball, there are also more exotic markets available.

If you want to bet on Slovenian futsol or the results of the upcoming Islandic presidential election you have the ability to do so with Betsafe.

Live Betting at Betsafe

Live betting is emphasized in Betsafe's interface as it can be accessed in two places on the app's home screen.

The app backs up that interface prominence with a quality offering as users have no shortage of live betting options from their Betsafe account. 

On one afternoon we tested there we had the capability of betting on everything from Croatian women's basketball, to Austrian handball, to DOTA esports with the ability to put anything into a parlay.

For many mobile live bettors, a lack of lag is absolutely essential, and we found the app's performance to be solid for live betting purposes.

What Users Say About Betsafe's Markets

4
Reviews
Updated Jun 21, 2024, 5:46 PM
0%
Positive
100%
Mixed
0%
Negative
AI
User Reviews Analysis

Betsafe does not have enough user reviews to create a summary of its user reviews.

Recent reviews

Betsafe Sports Betting Odds and Lines

Betsafe Odds

Betsafe's odds and lines are accessible on its mobile app.

It's worth comparing those odds to other sportsbooks. The current industry standard for vig — or the house's edge — ranges between 3.66% and 4.61% depending on the bet type.

Betsafe features odds that tend to fall within that standard. The lowest vig we found sat at 3.95% and the most common numbers were around 4.2%.

Here are some examples of Betsafe sportsbook's lines compared to some of its direct competitors:

Event/MatchBetsafe OddsDraftKings OddsFanDuel OddsBet365 Odds
Rockies vs. Guardians Moneyline+105
 -125
+110 
 -130 
 +122
  -146
 +110
  -130
Oilers vs. Stars
Moneyline
  -133
 +103
 -130
+110
 -125
+104
-130
+110
Pacers vs. Celtics Moneyline+230
 -286
+240
-295
+230
 -285
+230
-290

What Users Say About Betsafe's Odds

4
Reviews
Updated Jun 21, 2024, 5:46 PM
0%
Positive
100%
Mixed
0%
Negative
AI
User Reviews Analysis

Betsafe does not have enough user reviews to create a summary of its user reviews.

Recent reviews

Payment and Withdrawal Options

Betsafe provides a range of choices to deposit or withdraw funds. Customers can manage their bankroll using familiar credit and debit cards Mastercard and VISA, or utilize e-wallet services like Skrill and PayPal.

Banking methods such as Wire Transfer and ACH are also available to Betsafe customers.

Name
Deposit
Withdraw
Time
Min
Fee
Time
Max
Fee
PayPal
PayPal
0-3 days
10
1.9
2-7 days
$60000
1.9%
Skrill
Skrill
0-1 day
10
1
2-5 days
$20000
3.49%
VISA
VISA
0-1 day
1
2
2-7 days
$50000
2%
Mastercard
Mastercard
0-1 day
1
2
2-7 days
$50000
2%
Bank Wire Transfer
Bank Wire Transfer
0-1 day
10
0
1-7 days
$50000
N/A
ACH/eCHECK
ACH/eCHECK
0-1 day
10
0
N/A
N/A
N/A

What Users Say About Betsafe's Banking Options

4
Reviews
Updated Jun 21, 2024, 5:46 PM
0%
Positive
0%
Mixed
100%
Negative
AI
User Reviews Analysis
Not enough data
Recent reviews
Betsafe Sportsbook

Worst Sportsbook I've ever used. Extremely slow payouts and the support chat people are completely incompetent and have no idea what they're doing. Please save yourself the strife and do not use this sportsbook. there are many other better ones to use.

Robert Hannaman
10/08/2023

Betsafe Customer Support

Betsafe's customer support is easily accessible within its app, and there are no restrictions on when you can contact the sportsbook. That doesn't necessarily mean it's guaranteed to meet every user's needs.

In our evaluation of Betsafe customer support, we learned the following:

  • Speed and Effectiveness: Betsafe's speed was not particularly impressive on the live chat and one of our support emails did not receive a response. We did encounter some helpful agents in our tests, but the sportsbook's overall customer support experience was below average.
  • Live Chat: Betsafe offers 24/7 live chat as its primary tool for communication with its users. Users are initially directed to a chatbot and have to request an agent specifically if their problem is too complex to be handled by a bot that offers FAQ suggestions.
  • Agent Interaction: To get a better sense of how Betsafe's customer support team works, we added a ‘day in the life’ test to this Betsafe review, initiating live chats during four different hours.
  • Each hour slot received five separate chat messages from us. Here’s a snapshot of our findings:
Time (ET)Average Wait Time 
9:00

9 minutes and 36 seconds

12:006 minutes and 34 seconds
17:006 minutes and 36 seconds
21:007 minutes and 11 seconds
  • Social media: Betsafe has launched a few Colorado-specific accounts but none of them are particularly active or seem likely to be useful in a support capacity. Betsafe is on Facebook | Twitter | Instagram

Contact Betsafe Customer Support

Languages
English
Average
Responsiveness
Average
Professionalism
Average
Customer Experience

Betting Responsibly at Betsafe

Betsafe's Responsible Gambling

Betsafe offers guidelines for safe and secure gaming, acknowledging the importance of responsible gambling to ensure a healthy gambling experience.

It highlights its commitment to player protection through various responsible gambling tools. These include setting deposit limits, self-exclusion options, and providing resources for those who might need help with gambling problems.

Below is a summary of the measures Betsafe employs in to help customers play responsibly:

FeatureDescription
Set Deposit LimitsUsers can set limits on how much they can deposit to control spending.
Timeout FeatureAllows for temporary self-exclusion, ranging from 3 days to a year.
Daily Usage CapsLimits the amount of time or money spent daily on the platform.
Self-Assessment TestAllows users to take a test to help determine if their gambling is safe
Adjusting LimitsUsers can modify their limits, with a cooldown period for any increases to encourage thoughtful changes.
Educational ResourcesOffers information on responsible gambling practices.
Addiction Help CentersProvides contact details and links to gambling addiction support services.

Betsafe Sportsbook Safety and Security

Betsafe has been licensed to operate in Colorado by the Colorado Division of Gaming since 2022. This allows Betsafe to legally offer sports betting services to individuals over the age of 21 within the state.

Below is a summary of Betsafe's security features:

Security FeatureDescription
FirewallsPrevents unauthorized access and secures the network.
SSL EncryptionSecures data transmission, ensuring data privacy and integrity.
Regular Security AuditsAssesses and enhances the security posture periodically.
Two-Factor AuthenticationAdds an extra layer of security for user accounts.
Continuous MonitoringActively monitors for suspicious activities and potential threats.
User Education and ResourcesProvides users with information on safe practices and security awareness.

Online Casino, Poker, & Other Gaming Options

With Betsafe users are not limited to sports betting. Like most online sportsbooks, it also gives its users the option of playing casino games.

Customers can engage with the Betsafe online casino brand by selecting an option in the bottom right of the app. Once directed to the casino, users are greeted with games in four categories:

  1. Top picks - A curated selection of slot games.
  2. Highlights - A smaller subset of slot options, which may include as few as two casino games.
  3. All Slots - A list that includes every online slot game available.
  4. Live dealer games - A selection of available games found at most online casinos such as blackjack, baccarat, and roulette.

Final Thoughts

Betsafe is an option that makes sense for bettors who are comfortable doing all of their wagering on a mobile app.

The lack of a desktop experience could be a dealbreaker for some, but for those comfortable with mobile betting, Betsafe offers plenty of boosted odds, hands out a hefty welcome bonus to new customers, and lets users bet on more different leagues than many of its competitors.

On the other hand, customer support is on the underwhelming side, its North American footprint is fairly limited, and reliance on the Betsafe app can be problematic — particularly considering the iOS app was down at the time of this review.

If you're looking to sign up and place bets with Betsafe, be sure to check the latest reviews on the app you intend to use.

Betsafe Sportsbook Review FAQs

Betsafe Overview
What makes Betsafe a notable sportsbook?
2. Where is Betsafe available?
Betting Options
What types of bets can I place on Betsafe?
Which sports leagues are available for betting on Betsafe?
Bonuses and Promotions
What welcome bonus does Betsafe offer to new users?
Are there other promotions available on Betsafe?
Mobile App and User Experience
How user-friendly is the Betsafe mobile app?
Does the Betsafe mobile app offer access to casino content?

Other Colorado Sportsbooks

Meet Our Authors

Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.

In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content. 

Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.

 ExperienceYear
Engaged in private entrepreneurship2000-2013
Founder and President at Bookmaker Rating, an online platform focused on sports and betting2013-2020
Co-founder at Azuro, a decentralized betting protocol2022

"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports." 

- Paruyr Shahbazyan, Founder, RG

 

Principles and Ethics

Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.

Strategic Vision

Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.

Future Perspectives

Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.

 

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol's interest in sports was sparked at a young age, inspired by athletes such as Barry Sanders, Michael Jordan, and Wayne Gretzky. This early fascination evolved into a deep-seated passion, guiding him toward a career in sports journalism in 2007. Over the years, Sol has contributed thousands of articles and reviews to dozens of online platforms, sharing his research, knowledge, and perspectives.

“In the world of sports betting, truth is more valuable than any bonus offer.”

ExperienceYear
Content Manager, OnlineCasinoReports2012-2021
Sports Journalist, Dottraffic2009-2011
Content Writer, HouseTech2007-2009
Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game back in 1998, and he's written about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports, and his sports betting expertise has grown since its legalization in Ontario in 2022. 

Between 2022 and 2023 he worked for a betting startup called NorthStar Bets, and in 2024 he contributed to Oddspedia before joining the Responsible Gambling team.

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

Mike made the decision to dive headfirst into the booming world of sports betting fresh out of college. Back in the day, when 1-800 pick lines and sports pagers were all the rage, he couldn't resist the allure, having grown up idolizing sports legends like Sweetness, MJ, and Slammin Sammy. Mike dedicated his early years to the industry, tirelessly analyzing games, writing articles with free picks, and selling his expertise on reputable handicapping sites. Unlike many others, Mike was known for his integrity and only released one Game of the Year per sport, per season. His hard work and unwavering commitment paid off, earning him a devoted following and propelling his career to new heights. Then came the explosion of Daily Fantasy Sports. Believe it or not, companies like DraftKings and FanDuel used to pay Mike's company to increase their brand exposure. Now, those same industry giants don't even bother responding to his emails. While Mike appreciates the convenience of being able to place legal bets in his own backyard, he can't help but feel disheartened by what has become of the industry. People are being led astray, falsely believing that a mere $5 wager on a 20-team same-game-parlay will be their ticket to financial security. If there’s one thing Mike learned from making book back in the day, it’s that parlays are a bookie’s best friend. A bankroll is the only leg you have to stand on in the battle with the books, and Mike’s here to offer up advice on how to protect it.