Betsafe Colorado Bonus Code 2024: Up To $500 In Bonus Bets

Popular Popular in Colorado
Must be 21+ to participate. T&Cs apply.

Betsafe is one of the newest apps in Colorado sports betting. Dig into my Betsafe Colorado sportsbook review to see if it is an app you should be considering.

Betsafe Colorado Bonus Code April 2024

Here are the basics around the Betsafe Colorado promotion for new bettors.

🎁  Betsafe Colorado Bonus CodeClaim Below
💰  Betsafe Colorado Promo2nd chance bet up to $500
📱  Betsafe Colorado App RatingsAndroid: 4.1 | iOS: 2.2
🤝  Betsafe Colorado PartnerDostal Alley Casino, Central City
✅  Promos Last VerifiedApril 18, 2024

The way Betsafe Colorado sets up its second chance bonus bets is different than any other operator with similar Colorado sportsbook promos so be sure to read the terms and conditions we've laid out below.

Popular Popular in Colorado
Must be 21+ to participate. T&Cs apply.

What Is The Betsafe Colorado Promo Code?

You won't need a Betsafe promo code in Colorado to get started. The Betsafe Colorado bonus for new bettors will look familiar to experienced online sports betting enthusiasts. They're currently offering a second-chance bet valued up to $500 if your first bet loses. A higher amount even when compared to one such as the Betway promo in Colorado. You must be a new Betsafe customer wagering at least $25 cash to take advantage of this offer. 

How To Claim Your Betsafe Colorado Bonus

Claiming your Betsafe Colorado bonus is a simple process. You just download the app, register your account, and claim the offer. If the first bet you place loses, you'll get back bonus bets, up to $500. It's not really quite that simple, but that's why you have to read the terms and conditions.

Betsafe Colorado Sportsbook Promo Code Terms & Conditions

About those terms and conditions ... you'll want to read them in-depth, but here's a bird's-eye view of the details. Keep in mind these only apply to this specific Betsafe Colorado promo and the terms and conditions will change when/if Betsafe offers a different bonus.

  • Minimum Deposit: $25
  • Minimum Bet: $25 cash
  • Maximum Bet: No maximum, but only $500 can be credited back
  • Minimum Odds: -200
  • Time Limit to Claim the Offer: December 31, 2023 11:59 p.m. Mountain Time
  • Maximum Win: $500 in bonus bets credited to the player

As mentioned above, the way Betsafe awards its second chance bonus bets is completely different than other Colorado betting app. While most of its competitors will match your losing wager amount no matter what it is, Betsafe gives you a minimum bet credit on varying levels. Here's a look at how those a broken down:

  • First bets between $25-$49 will be returned as one $25 Bonus Bet.
  • First bets between $50-$99 will be returned as one $50 Bonus Bet.
  • First bets between $100-$199 will be returned as one $100 Bonus Bet.
  • First bets between $200-$299 will be returned as one $200 Bonus Bet.
  • First bets between $300-$399 will be returned as one $300 Bonus Bet.
  • First bets between $400-$499 will be returned as one $400 Bonus Bet.
  • First bets of $500+ will be returned as one $500 Bonus Bet.

Do I Need A Betsafe Colorado Promo Code?

You don't need any Betsafe Colorado promo codes of any kind. Sportsbook promos are there to give you a chance to try out an app and see if there's something there that you like. The Betsafe Colorado bonus can cushion the blow of an ill-advised first bet, but you don't need to claim it to get started.

But why wouldn't you? As long as you're wagering at least $25 at -200 odds or longer, you qualify for some amount of bonus credits if the wager loses. You can play through your bonus credits and decide for yourself if Betsafe Colorado is for you. And if the Betsafe promotions Colorado players are offered change, whatever comes next certainly will help, too.

Popular Popular in Colorado
Must be 21+ to participate. T&Cs apply.

Comparing Betsafe CO Promo Codes To Other Sportsbooks

Let's stack up the Betsafe Colorado promo beside a couple of the bonuses offered by other operators running in the Centennial State.

Betsafe Colorado vs. BetMGM CO Bonus

Similar to Betsafe, the current offer through the BetMGM Colorado Sportsbook is a second chance on a losing first bet. 

Where BetMGM gets the edge, however, is in the maximum value. Your can get bonus bets up to $1,000 if your first wager loses on BetMGM compared to $500 on Betsafe. Additionally, your bonus bet amount is matched to your exact wager amount. If you bet $75 on the Broncos and lose, BetMGM will reward you with $75 credit where as you'd only receive $50 with Betsafe.

Where Betsafe gets the edge is with its bonus bet time limits. Here, you'll have up to 30 days to use your bonus bet whereas BetMGM only gives you seven days. Depending on how frequent you're laying down bets, Betsafe could make more sense.

Betsafe Colorado vs. Bet365's CO Bonus

Courtesy of another European operator making waves in the US, the Bet365 Colorado promo code promises $150 in bonus bets for a $5 bet. You'll have to make a minimum deposit of $10, and then place your qualifying bet to release the $150 credits. It's not quite that simple, and reading the full terms and conditions will explain the whole picture. 

Again, compared with Betsafe promo, you get a lower cap on potential credits, but they come whether your initial bet wins or loses.

Latest Betsafe Colorado Promos & Bonuses

If you've claimed the Betsafe Sportsbook Colorado promo for new players, there are still other bonuses you can enjoy. They're regularly running odds boosts that update each day, but that's the extent of it. They've had success in Europe with other promotions, so we're noting them here in the hopes that Betsafe brings them to the Centennial State as well.

Odds Boosts

The most common type of bonus you can expect to see at the Betsafe Sportsbook app is the daily package of odds boosts. The betting lines are pretty competitive in most circumstances anyway, but watching for odds boosts in the betting markets you prefer can help you lessen or even negate the house advantage. Betsafe provides a huge amount of boosts on a daily basis. Better still, the original odds are displayed beside the boosted ones, meaning you can see how much the line has moved in your favor.

Parlay Insurance

The British version of Betsafe Sportsbook features something called "Safe Multiples" in whatever bizarre language they speak over there – we call it parlay insurance here. Typically, when you miss one leg on your parlay, it's game over and your bet loses. With parlay insurance, you can miss one leg and get your stake returned to you, up to a point. It's not a win, but it's not a loss either, and it could show up as one of the Betsafe promotions Colorado bettors can look forward to.

Daily Missions

Overseas, Betsafe has run sports betting missions that reward players for placing daily wagers through its book. Bettors qualify for completing a mission for betting roughly $5.50 in certain options. Players are rewarded for completing 2, 5 and 7 daily missions a week, including a drawing for a cash prize worth about $1,100. The success of a promo like this in England suggests it would do well in Colorado as well.

Early Payouts

Soccer is the most popular betting sport in the world, and the Betsafe sportsbook app is an ideal place to get into it, especially with its early payouts on certain games. When this promo runs, bettors can place a wager on matches within nine eligible leagues, and if their side is up by two goals at any point, Betsafe pays out. This promotion has run in 15 countries and certainly could give Betsafe a leg up when it comes to soccer bets in this country. Early payouts are common among plenty of sportsbooks, ESPN BET Colorado included. 

Is There A Betsafe Colorado NFL Promo?

There's no NFL-specific promo running through Betsafe sportsbook at this time but with the NFL season nearing kickoff, that could certainly change. Even if Betsafe Colorado ends up not having a bonus specifically for NFL wagers, you can use your first bet bonus on any NFL game you'd like.

Popular Popular in Colorado
Must be 21+ to participate. T&Cs apply.

Get To Know The Betsafe Colorado App

If you're going to use Betsafe Colorado Sportsbook, here's to hoping you like the app, because you don't have the option of a Betsafe website at this time. But that means the entire experience from the Betsafe welcome bonus to the live betting is optimized on the software level as a mobile-first concern. The reviews tend to skew to the critical side, but there aren't a lot of complaints about the actual functionality as a sportsbook. You can get started simply by going to the Apple App Store or the Google Play store.

When you examine rankings for Colorado betting apps, one name that always comes up near the top is FanDuel. Putting Betsafe Sportsbook next to FanDuel might not feel like a fair comparison, but let's not forget the success Betsafe's parent company has enjoyed worldwide. Betsafe Colorado is its first entry in the US, and if it can adapt its brand to American sports culture, it certainly knows what it's doing in every other aspect of the online sportsbook business.

What Makes The Betsafe App Stand Out?

One feature at Betsafe to watch is the selection of player props. Betsafe CO boasts a vast range of betting markets around the biggest names in the most popular games. With the ability to select alternate lines and add player props to a Single Game Parlay, the level of customization with player props is outstanding.

Do I Have To Download The Betsafe Colorado Mobile App?

For Colorado bettors who want to use Betsafe Sportsbook, the mobile app is your only option. For the time being, there is no desktop site available to place your bets on. 

There is a Betsafe website for UK users, however, so that could be in the works for bettors here in the States in the future.

Betsafe Colorado Technical Info 

Colorado appears to be where Betsafe is working its bugs out for the American market. The upside is that it rolls out software updates regularly. The Betsafe app takes up about 35MB on your device, and you'll need at least Android 5.0 or iOS 13.0 to run it, but if you keep your operating system and app software updated, you shouldn't have any trouble. 

For what it's worth, the user rating on the Android version (4.1 out of 5) is significantly higher than the rating on the iOS version (2.2 out of 5).

Positives of the Betsafe App

  • Live betting is a focus and it shows
  • Easy to access options you're looking for
  • Odds boosts really can pay off

Negatives of the Betsafe App

  • Limited amount of promotions
  • Cannot be used outside of Colorado

How To Download Betsafe Betting App

Downloading the Betsafe Sportsbook app is as easy as grabbing any other brand such as the Fanatics Sportsbook Colorado app on your favorite mobile device. All you need to do is search for "Betsafe Sportsbook" on the Apple App Store or Google Play, as appropriate, and install it as you would any other software.

Is There A State-Specific Betsafe App? 

Technically there isn't a state-specific Betsafe Colorado betting app because Betsafe is not yet legal in ay other state. We'll see if Betsafe creates new instances for every state when it opens up shop somewhere else. Betsafe came to Colorado first and hasn't expanded as of April 2024.

Betsafe Sportsbook Colorado App Reviews

What Apple Users Are Saying

  • 🗣️ "Slick, easy to use and nice to see they have all the right tools in place to help individuals that may over-do it."
  • 🗣️ "Great app, easy to use and more convenient when on the go betting."
  • 🗣️ "i’ve spent more time emailing and live chat with these with issues than all my other betting app put together."

What Android Users Are Saying

  • 🗣️ "Great deals offers highly recommended"
  • 🗣️ "Use the promo and go for it."
  • 🗣️ "If you like to constantly read "an error occurred" message when you're placing bets this is the app for you."
Popular Popular in Colorado
Must be 21+ to participate. T&Cs apply.

How To Sign Up For A Betsafe Colorado Betting Account

Getting started and signing up for a Betsafe Colorado account is pretty easy. All you really need is your favorite mobile device and some personal information.

  1. Download and open the app on your phone or tablet.
  2. Enter your name, e-mail address, mailing address, and phone number.
  3. Confirm your identity with your birthdate and last four digits of your social security number.
  4. Select a payment method and make your first deposit.

Get To Know Betsafe Colorado: Sportsbook Review

Betsafe Colorado feels incomplete at this point, but it has had a strong start and has a promising future. What's there at the moment is a solid foundation built mainly around the live wagering experience. As you'll see below, it'll be interesting to see how parent company Betsson develops the app to the needs of the American bettor.

Betsafe Colorado Betting App Features

Although Betsafe may not be a well-known brand just yet, it has several features Colorado bettors will certainly be familiar with. Here are a few we believe stand out.

  • Live Betting The Betsafe Colorado app was built for live betting, with a smooth and easy-to-understand experience. It's made even better by the addition of streaming video and a calendar to tell you when your Vietnam Basketball Association game gets underway. Because an operator such as Caesars Sportsbook has more betting markets on the board, it's easy to assume that it offers a stringer experience. But I prefer the more streamlined real-time stats and the greater ability to customize what you want to see.
  • Single Game Parlay The Single Game Parlay experience at Betsafe Colorado lets you customize your wager. The game screen will give you the most popular parlay options and the opportunity to select quickly from related props. You'll find more options in general at a book such as DraftKings, but for anyone but the hardest of the hardcore parlay partisans, the Betsafe experience is just easier to negotiate.
  • Player Props The player props functionality at Betsafe Colorado Sportsbook is another strength. Its advertising promises a "huge range of prop markets" and it delivers. A regular season Rockies-Dodgers game has 18 categories of player props, including base hit totals for the whole starting lineup. The menu of props can be more extensive at a book with more market saturation, such as a BetMGM for instance. But ease of use is where Betsafe stands out again, and gives it the edge in player props.

Banking Options For Betsafe Colorado Users

The most glaring weakness at Betsafe Colorado historically has been the amount of banking options as the operator established itself in the state. Most Colorado sportsbooks have multiple options available but Betsafe is starting to catch up.

Betsafe Deposit Methods

Betsafe customers are now able to deposit money using credit cards, a welcome and frankly overdue addition. It's important to note that your first deposit cannot be with a credit card, you'll need to use another method for your first go. No matter which option you use, there's a minimum deposit of $10 and a maximum of $10,000. 

  • Credit Cards (Visa/MasterCard)
  • PayPal
  • Skrill
  • Instant Bank Transfer
  • ACH e-Check

Betsafe Withdrawal Methods

Before you can use any withdrawal method, you'll need to use that method to deposit into your account. This means you won't be able to withdraw to your PayPal account if you deposited using a bank transfer. Also, be aware you cannot make withdrawals to credit cards. 

The transaction can take several days to complete on the Betsafe end, and indeed many of the complaints in the reviews are about the wait times for withdrawals.

  • PayPal
  • Skrill
  • Instant Bank Transfer
  • ACH e-Check

How Long Does A Deposit Take at Betsafe?

No matter what deposit method you use at Betsafe CO, your deposit should appear in your account almost instantly. As you're going through the registration process and make your first deposit, you should be able to wager with that as soon as you're ready.

How Long Does A Betsafe Sportsbook Withdrawal Take?

Withdrawals vary by the method. Skrill and PayPal go the quickest, with an instant transaction after up to 48 hours for Betsafe to process the transaction. The eCheck method can take up to 10 business days – you may get it faster than that, but don't be surprised if it takes some time.

Does Betsafe Sportsbook Cash Out Instantly?

Not the way you'd hope. Any transaction will take 1-2 business days to process, so even if the method of withdrawal is instant, you'll need to allow that time.

Can I Use CashApp At Betsafe Sportsbook?

You cannot use CashApp at Betsafe Sportsbook. At this point, no sportsbook in Colorado supports CashApp.

Can I Use PayPal Or Venmo At Betsafe Sportsbook?

Betsafe Sportsbook Colorado allows both deposits and withdrawals through PayPal, but not Venmo. Venmo may be supported at a later date by Betsafe, but it's not available at this time.

  • Trustly
  • MasterCard
  • VISA
  • Bank Transfer
  • Paysafecard
  • Skrill
  • NETELLER

What Can I Bet On At Betsafe Online In Colorado?

At Betsafe, you can get your fill of the major sports betting markets and all of the most popular teams in Colorado. Bet on the Broncos, Nuggets, Avalanche, Rockies, and any of your other favorites in the top sports leagues. Because there are few restrictions on betting on in-state college teams, you can wager on the Buffs, Rams, Air Force, or any other college in Colorado. 

And if you like to color outside the lines, there are plenty of sports with niche appeal in the online sports betting market that sports bettors can put on your bet slip, such as rugby, volleyball, cycling, and even eSports.

Popular Bet Types Available At Betsafe Colorado

In addition to the more common types of simple bets, with Betsafe online Sportsbook, Colorado bettors can play some of the more esoteric options. And while the lines default to display in American odds, you can choose decimal or fraction if you prefer.

  • Point Spreads
  • Over/Unders (also referred to as Totals)
  • Moneylines
  • Parlays
  • Same Game Parlays
  • Live Betting
  • Player Props
  • Team Props
  • Futures
  • Teasers

Software At Betsafe Colorado

The software at Betsafe offers a strong experience as long as you can do without a desktop version. It's all through Betsson's proprietary software, which it uses all over the world, and it runs like it's on rails. The app makes it easy to get what you want, especially if it's live betting.

Stay Safe At The Colorado Betsafe Sportsbook

Betsafe online sportsbook is compliant with all regulations necessary to operate a sportsbook in Colorado, including the ones related to security. All data transfers pass over secure connections, so your personal and financial information should be safe from prying eyes.

Whenever you first sign up for an account, it's critical to use a unique, hard-to-guess password. This, along with 2-Factor Authentication, are easy ways to keep your account secure.

How To Contact Betsafe Sportsbook In Colorado

The customer support team is renowned for tending to any issues you come across in your time with the Betsafe Colorado app. The website can take you to a help page where you can search through frequently asked questions. 

If that doesn't work, you'll be able to reach a customer support team member by live chat or e-mail, and the site tells you how long you should expect to wait for an answer.

Responsible Gambling At Betsafe Colorado

Betsafe is committed to responsible gaming, and you should be, too. If you're at all concerned about your play, Betsafe has a self-assessment test to help you determine where you stand. You can set limits on money deposited or wagered, or time spent in the app to keep you within bounds. You can also self-exclude, which will lock your account for 1 or 5 years.

If you think you may have a gambling problem, free resources exist to help you.

  • Call the National Problem Gambling Helpline: 800-522-4700
  • Contact the Problem Gambling Coalition of Colorado: 303-662-0772 or problemgamblingcoalitioncolorado.org
  • Find a Gamblers Anonymous meeting near you at gamblersanonymous.org/ga/locations

My Final Conclusion Of This Colorado Betsafe Sportsbook Review

At the end of the day, Betsafe CO has a solid foundation but isn't really at the level of the biggest and best names in American sports betting at this time. It's absolutely a rock-solid app with some good features, but to not even have a web platform is a huge hole in Betsafe's game. 

The fact is, it's got all the standard bets and markets that casual players will want. If you don't need the world from your sportsbook, you won't be let down. But if you need more available sports, a rewards program, or even just a website to play at, BetRivers CO has all of that.

Betsafe Colorado FAQs

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