Betsafe Colorado Promotions & App Review

Colorado has proven to be an ideal home for sportsbooks. Betsafe is one of the newest oddsmakers in the state, and when you sign up with Betsafe Sportsbook Colorado, you can claim a welcome bonus worth up to $500. You don’t even need to enter a Betsafe bonus code.

Top Colorado sportsbook bonuses in July

Up to $1,500
In Bonus Bets
BetMGM Sportsbook Review
  • Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*
  • *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER
  • Use Bonus Code: PLAYCO
Up to $1,000
In Bonus Bets
Bet365 Sportsbook Review
  • First Bet Safety Net up to $1,000, or Bet $5 Get $150 in Bonus Bets
  • 30% Extra on Same Game Parlay Profit
  • Gambling Problem? Call or text 1-800-GAMBLER 21+ 
  • Use Bonus Code: PLAYCO
$1,000 First Bet
On Caesars
Caesars Sportsbook Review
  • Up to $1,000 Back as a Bonus Bet if Your Bet Loses
  • Stream NFL Games In-App for Free
  • 21+ Gambling problem? Call 1-800-GAMBLER 
  • Use Promo Code: PLAYCO1000

Betsafe’s owner, Betsson, is based in Sweden, and Betsafe is its first venture in legal US sports betting.

Betsafe is an app-only online sportsbook at this time. In this Betsafe Sportsbook review, we’ll take you through everything you might want to know about the site: the app, the overall sports betting product, the bonuses and how you can make an account today.

Betsafe Colorado promo in July 2024

When you open an account with Betsafe Sportsbook in Colorado, you’ll automatically qualify for the $500 welcome bonus. The way it works is simple, if you opening bet loses, you’ll be refunded with a bonus bet for up to $500.

Betsafe Colorado Promo CodeNone needed
Welcome BonusSecond-chance bet up to $500
Terms & ConditionsReceive a bonus bet refund if your first bet loses
Last UpdatedJuly 19, 2024

Terms and conditions apply to all offers. Please see Betsafe Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+

How do I get the $500 Betsafe welcome bonus? 

To get the Betsafe welcome bonus you simply need to click here to sign up with Betsafe Colorado, no bonus code is needed.

As for how the bonus works, that’s easy enough to understand as well. Here are the details:

  • After signing up and making a deposit, place your first bet.
  • Win that bet and you collect your winnings and the welcome bonus goes away.
  • Lose that bet and you get a bonus bet equal to the size of your wager up to $500.
  • You can use that bonus bet however you like. And if you win your bet with it, the winnings are yours to keep. You should know that you only collect the winnings though, the value of the bonus bet itself does not transfer over to your account.

Betsafe is committed to responsible gaming.  Links to Betsafe’s responsible gaming policy and self-exclusion program may be found on Betsafe’s website.

Can I trust Betsafe Sportsbook in Colorado?  

In our opinion, yes. The Betsafe Sportsbook app is a licensed and legal Colorado sports betting app, bringing a lot of peace of mind. It is subject to regulations and government oversight, which means you’re unlikely to get scammed or run into major issues. Your money should be safe, and you should have access to avenues to redress any issues. Regulation means consumer protection, which is part of the reason that legal sports betting is spreading so quickly in the US. Offshore betting sites, on the other hand, are subject to very little supervision.

If you want a more specific answer, Betsafe falls under a licensing agreement arranged with its parent company, Betsson. The sportsbook is under the oversight of the Colorado Division of Revenue, Department of Gaming.

Getting started at Betsafe Sportsbook in Colorado

It’s very straightforward to make an account on the Betsafe sports betting app. To start, download the Betsafe Sportsbook Colorado app and navigate to the account creation page. Once you’re at the registration form, you’ll need to enter some personal information:

  • Full name
  • Home address
  • Email address
  • Social Security number
  • Phone number
  • A password for your account
  • No Betsafe Sportsbook promo code is need to claim the $500 Betsafe Colorado welcome bonus

Once you’ve done this, you’ll have an account. You can then select a payment method and make your first deposit so that you can start wagering.

Betsafe Sportsbook app for Colorado

To download the app, head to the Betsafe site via the browser on your mobile device. Once there, scroll down slightly and you’ll see two buttons: “Available on the App Store” and “Get it on Google Play.” Select the appropriate button, depending on whether you’re on iOS or Android, and complete the download.

Note that you will need to have geolocation enabled and switched on for the Betsafe Colorado sportsbook app. If you don’t, Betsafe won’t be able to verify that you’re located in Colorado, which you have to be in order to bet there.

Promotions at Betsafe Sportsbook Colorado

Currently, Betsafe is only offering one type of promotion — daily odds boosts. The sportsbook is still getting going in Colorado, however, so it’s likely that it will offer more regular Betsafe Sportsbook promotions in the future. These could include odds boosts, parlay insurance, profit boosts and the occasional bonus bet.

Why should I choose the Betsafe Sportsbook app? 

  • Available sports: One of the perks of using a sportsbook with roots outside the United States is that it tends to cover a wider array of sports and leagues. Betsafe is no exception.
  • Live betting: As a mobile-only sportsbook, Betsafe has placed a lot of emphasis on building a smooth and functional live betting platform. With live betting growing in popularity and very likely something you’ll want to do, it’s nice to bet with a sportsbook that cares about its in-play interface.

What won’t I like about the Betsafe online sportsbook app? 

  • No sportsbook website: This is likely going to be a personal thing. If you only bet on your phone, then you won’t mind. However, at the end of the day, no website means one less way to bet compared to most sportsbooks, so we count it as a point against Betsafe.
  • App interface: So far, the Betsafe app hasn’t had many downloads, relatively speaking, and because of that it hasn’t received many reviews. Having limited reviews usually means only people with a bone to pick are writing them. As a result, Betsafe’s app has a pretty low score right now: 1.5 stars out of five on the App Store.
  • Limited payment options: This is another thing that could improve in the future, but as of right now, it’s still an issue. You can only deposit and withdraw using PayPal, ACH e-check or at Betsafe’s partner, the Dostal Alley Casino in Central City. That means right now, you can’t use credit, debit or any other payment method, which is unusual compared to most books.

Bet types available at Betsafe in Colorado

Betsafe offers all the standard bets you would expect from an online sportsbook. Here are all the main options at Betsafe online sportsbook in Colorado:

  • Moneylines: Bet on the winner of a game.
  • Spreads: Place a bet that incorporates the margin of victory into the result.
  • Parlays: Make a bet consisting of multiple legs, which must all be correct for the bet to win.
  • Single-game parlays: Same as above, but with all the legs coming from the same game.
  • Teasers: Place a parlay with the lines shifted in your favor.
  • Live betting: Bet on a game after it has already started.
  • Proposition bets: Bet on smaller elements within a game, rather than the overall result.
  • Futures: Bet on long-term outcomes — for example, a wager on who will win the Super Bowl that you place at the beginning of the regular season.
  • Totals: Bet on the total combined score of a game, without consideration for who wins.

Can I bet on the Colorado Avalanche at Betsafe? 

Absolutely — Betsafe offers an impressive slate of betting markets, and the 2022 Stanley Cup champion Colorado Avalanche is no exception. You can make plenty of bets on moneylines, puck lines, props, live odds and more on the NHL. And the NHL is just one of the leagues you can bet on at Betsafe. It offers a slate of options ranging from major American leagues to niche international sports, including the following:

  • MLB
  • NBA
  • NFL
  • NHL
  • College football
  • College basketball
  • Australian rules football
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Esports
  • Formula One
  • Golf
  • Handball
  • MMA
  • Rugby league
  • Rugby union
  • Table tennis
  • Tennis
  • Volleyball
  • Various winter sports

Payment options at Betsafe online sportsbook

Right now, Betsafe lacks a little in the payment options department. This is likely due to the fact that it’s still working on getting fully up and running, but it still might present a bit of a problem for some customers. Here are the current deposit and withdrawal options:

  • PayPal
  • ACH e-check
  • In person at the Dostal Alley Casino in Central City

That’s certainly far from ideal, especially since many sportsbooks will accept credit cards, debit cards, online bank transfers and more. However, the options Betsafe does offer should process relatively quickly and work for the time being. However, more options would certainly be beneficial.

Customer service options at Betsafe Sportsbook Colorado

Under the customer support tab on its app, Betsafe offers an FAQ section, a live chat and an email address for less urgent inquiries. Customer support has received relatively positive reviews so far and should be able to resolve most issues.

How do I exclude myself from Betsafe? 

NCPGUnder the responsible gambling section of the interface, you can navigate all the options. These include limits you can set on your account and Betsafe’s self-exclusion program. Please play responsibly. Never bet more than you are willing to lose, and only bet for entertainment purposes – never for financial gain. If you feel your gambling is becoming a problem, contact the Problem Gambling Coalition of Colorado hotline at 303-662-0772.

Can I bet at Betsafe Sportsbook in person? 

At the moment, no. While Betsafe partnered with Dostal Alley Casino, that was so it could offer online sports betting in Colorado, as state law requires that online sportsbooks partner with retail casinos in the state. While some online sportsbooks also have retail locations at their partner casinos, that is not the case for Betsafe and Dostal Alley at the moment.

How does Betsafe compare to other Colorado sportsbooks?

As it stands in July 2024, Betsafe is a far cry from being one of the better online sportsbooks in Colorado. The two biggest knocks against Betsafe are that there’s no welcome bonus for new users and there’s no website to use. The website issue isn’t the end of the world. The fact is most people are on their phones or tablets all the time, so having a good app is good enough. But not having a welcome bonus is a tough pill to swallow. Here’s hoping that Betsafe Colorado is simply waiting to unveil a great welcome offer in the very near future.

Betsafe Sportsbook Colorado FAQ

You don’t need to enter a Betsafe Sportsbook bonus code to claim the welcome bonus worth up to $500. Simply click here to open a Betsafe Sportsbook account. Then, if you first bet with Betsafe loses, you’ll receive a bonus bet refund for up to $500. See the Betsafe welcome bonus section above for full details.

Terms and conditions apply.

Yes — under Colorado gambling law, you must be 21 or older to bet at Betsafe or any other legal sportsbook in the state.

Yes, $10.

Not yet, but it could add that option as it gets more settled in Colorado.

Betsafe is licensed to operate in Colorado by the state’s Department of Revenue, which makes it a lot safer to use than an unlicensed offshore site. We recommend you only ever bet with legal and regulated sportsbooks like Betsafe.

You sure can. Additionally, Colorado has no restrictions on betting on in-state college teams, so you should find odds on the Colorado Buffaloes, Colorado State Rams and more.