Updated: Dec 30, 2022
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With Betsafe now available in America, players can look forward to tons of promos from this sportsbook.
For starters, new players can claim a 100% deposit match worth up to $500 on their first deposit.
This is a superb way to get started on the site, especially considering that many sportsbooks these days usually go the risk-free bet route.
Furthermore, bettors only need to clear a 5x wagering requirement, which sweetens the deal.
And since Betsafe has been around for so long — 16+ years, to be precise — there are plenty of other offers you can expect from such a seasoned bookie.
With that in mind, join us as we show you what’s on offer here at Betsafe Sportsbook.
Betsafe Sportsbook Promo Code
While plenty of betting sites these days offer risk-free bets, Betsafe has opted for the more favored first deposit bonus.
When you sign up, here’s what you can claim from the sportsbook: 100% Up To $500 On First Deposit.
This is a deposit bonus where you’re rewarded when you make your first deposit. You can claim up to $500 from this deal — just make sure that your initial deposit is worth at least $10.
Since the match rate is 100%, every dollar that you deposit will be matched by the sportsbook. So if you deposit $10, you’ll get a $10 bonus.
If you deposit $100, you’ll receive a $100 bonus.
Deposit $500, and you’ll get the maximum available bonus amount ($500). Deposit any more than this, and you’ll still receive $500.
Before you can withdraw the bonus, you’ll have to clear the accompanying 5x wagering requirement.
Also, keep in mind that bets placed using bonus funds need to have odds of at least -200.
This isn’t the only offer available on the site, as you’re bound to come across other Betsafe promos.
With that in mind, here are a few other bonus-related terms that you need to know about:
- Total Bonus Available – The most you can redeem from an offer.
- No Deposit Bonus – Bonuses awarded freely to new sign-ups.
- Free Bet Offer – Bonuses in the form of bets that can’t be broken down into smaller denominations.
- Risk Free Bets – Bets that come with guaranteed refunds.
- Bonus Code – A coupon-like code that unlocks an offer.
Do Betsafe Promo Codes Expire?
The Betsafe promo comes with an expiry date, so you need to act fast if you want to avoid losing the bonus.
There’s a 30-day validity period attached to the bonus funds. If you have any funds remaining after that, they will be reclaimed by the site.
This is a reasonable timeframe, especially considering the 5x wagering requirements.
Additionally, many other sites are known for giving bettors a max of 14 days, further proving that the time given by Betsafe is more than reasonable.
Betsafe No Deposit Promo Code
With a no deposit promo code, you can claim a bonus without risking or depositing anything.
Because such bonuses are given freely, it’s hard to find bookies that offer them.
Currently, Betsafe doesn’t have a no deposit bonus.
Betsafe Deposit Match Bonus
Betsafe’s flagship bonus is a deposit match bonus, also known as a first deposit offer.
New bettors can claim a 100% up to $500 bonus when they join the site.
The maximum you can reap from this offer is $500, though you need to deposit at least $10 to receive a match.
Additionally, bets placed using bonus funds need to meet the -200 minimum odds requirement.
Betsafe Free Bet
Free bets are commonly awarded as part of sports-specific offers.
Basically, you’ll receive a bonus in the form of a wager, allowing you to place a bet of that value. However, you can’t split a free bet into smaller denominations.
Betsafe doesn’t have a free bet offer currently, but they do offer them occasionally during certain sports events.
Betsafe Risk-Free Bet
Though you won’t find a risk-free bet at Betsafe, Many other sportsbooks utilize them when offering welcome bonuses.
Essentially, you’re guaranteed a refund if your first wager on a betting site ends up being a loss.
The major downside of risk-free bets is that you only get a bonus if you lose, and you get nothing if you win.
So the $500 deposit match promo offered by Betsafe is better as you’re guaranteed a bonus.
How To Redeem Betsafe Sportsbook Promo Code
To claim the $500 welcome bonus from Betsafe, here’s what you’ll need to do:
- Download the Betsafe mobile app.
- Jump to the account creation section.
- Open up the registration form and provide the operator with the required details. This includes your name, email, SSN, address, and phone number.
- You’ll also need to secure your account by opting for safe login credentials (username and password).
- Agree to the terms and conditions listed by Betsafe.
- Review your info and hit submit if everything is accurate.
- Once your new betting account is verified, make an initial deposit worth $10 or more and claim the sign-up offer.
Check Bonus Funds On Betsafe Sportsbook App
It’s easy to check bonus funds on the Betsafe Sportsbook application.
Just head to the top right, where your main account balance is situated, and you should spot your bonus balance here.
Also, when you add a selection to your bet slip, you’ll be given the option of using bonus funds, thus showing you how much bonus cash you’ve got left.
How Long Do Bonus Funds Take To Arrive?
Bonus funds from Betsafe should arrive within 48 hours.
Most times, though, you’ll get the money when your first deposit reflects immediately.
In case of any unusual delays, simply contact the Betsafe customer support team. They’ll advise you on why it’s taking so long for the bonus to arrive.
Rollover & Wagering Requirements
The Betsafe welcome bonus comes with a wagering requirement, similar to most other sportsbook offers.
Here, bettors will need to clear a 5x wagering requirement.
Truthfully, this is on the lower end and is quite superb, especially when you consider the 30-day expiry date that gives you ample time.
For instance, if you receive a $200 bonus, you’ll have to play through this at least five times ($200 × 5 = $1,000).
While you play through bonus funds, remember that all wagers you place need to meet the -200 minimum odds requirement.
Sports Specific Bonuses & Promotions
The $500 deposit match welcome promo isn’t the only promo you can expect from Betsafe. Here are a few other sports-specific bonuses and promos.
- NBA Price Boosts
- NFL Price Boosts
- NHL Price Boosts
Other Betsafe Sport Promos
- First Scorer Refund
Sports Specific Bonuses & Promos
Here are other promos that aren’t sports-specific or tied to the welcome bonus.
Refer A Friend
A few sportsbooks reward players who urge their friends/family to sign up.
In such an offer, you’re given a referral code/link that the person you’re referring has to use when signing up.
Currently, though, we didn’t spot such an offer at Betsafe.
- Daily Missions – Complete specific tasks on certain days to win a share of the cash.
Promos Worth Considering
- Odds Boosts
State Specific Bonuses
Betsafe only operates in Colorado, and the offers we’ve mentioned can only be claimed by bettors who are within the boundaries of the Centennial State.
If the site expands its reach, we expect for the offers in all states to be streamlined.