Betsafe Colorado Sportsbook

$500 Free Bet
Payout speed:
Get this bonus now
✓ It only takes one minute
eCheck MasterCard PayPal Skrill Visa
21+, new US players only T&C's apply. Only available for Coloradoans. Betsafe is committed to responsible gaming. Links to Betsafe’s responsible gaming policy and self-exclusion program may be found on Betsafe’s website.
Author: Riku Vihreasaari | Fact checker: Fintan Costello · Updated: 2023/25/05 · Ad Disclosure
Ad Disclosure
BonusFinder is an independent online casino comparison website with affiliate links. This means that we may receive compensation if you take up an offer on our list. Our team is dedicated to finding the best bonuses and casinos for you to play safely, and we review every bonus before adding them to our website.
Betsafe Highlights
  • New users on Betsafe Sportsbook Colorado get a $500 second chance bet
  • Betsafe Sportsbook promo code is not required, just click the link to get the bonus
  • Download the Android/iPhone app to access plenty of betting markets
  • Other states will follow in the upcoming months
Betsafe Review summary
The Swedish online gambling company Betsson AB is finally moving to launch their Betsafe site in the U.S., starting in Colorado. The launch date was in late March 2022, and in this BonusFinder US Betsafe review we take a look at what you can expect when you download the Betsafe Sportsbook!
Betsafe Payment Methods
  • eCheck eCheck
  • MasterCard MasterCard
  • PayPal PayPal
  • Skrill Skrill
  • Visa Visa

⭐ Betsafe Colorado Promo

Betsafe Colorado promo is a $500 second chance bonus: new bettors get a free bet if their first wager loses. You can wager the generous welcome bonus offer on any of the sports offered with odds -200 or higher. The bonus money must be wagered within 30 days or the free bet will be forfeited.

💰 Betsafe Welcome Bonus $500 Free Bet if First Bet Loses
🎟️ Betsafe Bonus Code in Colorado TBA
✔️ Wagering Requirements 1x
🏈 Minimum Odds -200
💵 Minimum Wager $25
🏛️ CO Casino Partner Dostal Alley Casino in Central City
✔️ Last Verified June 2023
Betsafe Colorado Promo

Betsafe offers new customers a $500 bonus upon qualifying bet settlement; no Betsafe Colorado promo code required. Check the Betsafe sign-up bonus terms from this Betsafe Sportsbook review.

Colorado Welcome Promo Explained

To get the Betsafe Colorado bonus, opt in during registration. If you don’t indicate you wish to participate in the welcome offer, your losing bet won’t be comped; there is no Betsafe promo code required. The minimum bet required is $25, but any qualifying wager up to $500 counts and you get the bonus soon after the initial loss. Once you have the bonus, you need to wager through the bet credits once before you can withdraw money from your cash balance, and you have to bet on events with odds -200 or higher. The Betsafe new customer offer can’t be combined with other promos, and you can’t withdraw a bet early.


You must be 21 years old to sign up on Betsafe. In addition, you must be within Colorado borders when you attempt to place bets; however, you don’t need to be a resident of Colorado to sign up. If you’re on the self-exclusion list, you won’t be able to register.

In addition, if you or a member of your household previously claimed a Betsafe bonus, you can’t get another one even with another email address.

⭐ Betsafe Colorado

Betsafe Colorado Sportsbook app is the first U.S. online sportsbook from parent company, Swedish sportsbook operator Betsson. Betsafe launched in March 2022 and the sportsbook is now one of the several competing for Colorado bettors. The unique fact about the Betsafe brand in the US market is that it is currently only available as an app, so all interested bettors need to download the sportsbook first.

Betsafe Promotions

Betsafe Sportsbook app is a new legal online sportsbook, but features daily odds boosts, free bets, and other common bonuses and promotions for all major sports. Since these can change rapidly, especially the boosted odds, we recommend checking the existing customer offers regularly from your Betsafe account. In the future, we might see more options like a reload bonus, parlay insurance, or risk-free bets on the betting app.

Betsafe CO

Betsafe Sportsbook app is one of the newer online sportsbooks in Colorado sports betting.

⭐ Betsafe States

Betsafe online sportsbook is looking to launch betting sites in several states soon after Colorado, although they have not announced which states in the U.S. market might be next. Potential other states for Betsafe include New Jersey, Michigan, Pennsylvania, Tennessee, and West Virginia, each of which has a vibrant online sports betting market.

⭐ Betsafe Sportsbook App

Currently Betsafe Sportsbook can only be accessed through the app for iOS and Android devices, so you must download it if you want to bet online on Betsafe; head to the Apple App Store or the Google Play Store when you want to play. The Betsafe website also has links to download the app. Note that you have to stay within state lines when trying to use it, since CO is the only state where Betsafe operates the mobile apps.

The Android and iOS app itself is functional and classic in appearance, and users will have no problems using it. Whether it comes a fan favorite remains to be seen as Colorado is one of the most competitive states in the U.S. market.

Betsafe Colorado App

Betsafe can be downloaded as an iOS app; no desktop site is available. The app is great for live betting and odds boosts.

⭐ How to Sign Up for a New Account on Betsafe

The Betsafe app, like all legal sportsbooks that operate in Colorado, is required to verify their customers’ age and identity. The minimum age for wagering is 21 years old in CO. Therefore, the Betsafe registration process requires the following personal details and information from all users. If you wish to take advantage of the bonus, you have to choose a payment method and deposit funds.

  • Name
  • Home address
  • Email address
  • Phone number
  • Date of birth
  • Last four digits of Social Security Number

⭐ Betsafe Sportsbook Sports Markets

Betsafe has close to 30 sports you can add to your bet slip, and numerous leagues and international competitions for them. In addition, there are some American favorites such as NASCAR and niche sports like eSports betting. Betsafe Online Sportsbook is the official sports betting partner of the MLB and the NBA, so keep an eye out for promos during the season. Below are some of the available markets Betsafe has listed on their app:

  • Australian Rules
  • Baseball
  • Basketball
  • Football
  • Formula One
  • Golf
  • Handball
  • Hockey
  • MMA
  • Rugby Union
  • Rugby League
  • Soccer
  • Table Tennis
  • Volleyball
  • Special Events like the Olympics

CO Sports

Colorado hosts numerous professional sports teams in different sports, and bettors always look for the most competitive odds when it comes to their local teams. The Denver Broncos are rightfully the most popular team in CO, and the NFL dominates the betting handle each football season. Colorado Rockies and the soccer team Colorado Rapids are summertime favorites, while the Denver Nuggets and the Colorado Avalanche hope to attract bettors to the Ball Arena to follow the home games. It would definitely boost Betsafe’s presence in the Centennial State to partner with one or more of these teams, so we’ll wait with interest to see what marketing campaigns they launch.

College sports are also prominently featured on many sportsbooks, and the Colorado State Rams and Colorado Buffaloes consistently attract bets. Due to increased scrutiny on university partnerships, most sportsbooks don’t partner with college teams and Betsafe probably won’t either.

Betsafe Betting Markets

Check out the numerous sports markets you can place wagers on from our Betsafe app review. Get boosted odds when you download the app.

⭐ Bet Types

Placing bets is easy once you get the hang of it. There are the straight bets: moneyline, spread, and total, and other bet types such as props, parlays, and futures. You can also try live betting. Most Colorado sportsbooks offer a decent selection of all betting options, but some stand out with huge range of prop bets or great odds boosts for live betting. The Betsafe app has all the standard bets, and the odds and alternative lines are in line with competitors.

Moneyline You bet on the winner of the game, overtime included Vancouver Canucks +132
Colorado Avalanche -156
Spread Bet Bets on the point/goal difference between the two teams (also called run/puck lines Canucks +1.5 -185
Avalanche -1.5 +150
Total Points (Over/Under) Betting on the total number of goals or points in the game Over 4.5 -370
Under 4.5 +280
Parlays A single wager has multiple legs (bets) Canucks, Kraken, Kings to win +997
Prop Bets Bets on game events or players that don't affect the outcome of the game Both teams to score 1 goal
Yes -1111, No +560
Futures Bets Betting on future events, such as the Super Bowl or Stanley Cup Champion 2022-23 Champion:
Avalanche +550
Live Betting In-game bets are wagers made during the game as the odds change depending on the action Next Goal, Result, Total Goals

⭐ Online Banking: Deposits and Withdrawals

At the moment, Betsafe payment methods in Colorado are PayPal, Skrill, credit and debit cards (Visa, Mastercard), and VIP Preferred e-check. You must deposit money if you want to participate in the welcome bonus. While these are very convenient and we definitely recommend using them on any site, we hope Betsafe deposit methods expand in the near future to include options such as Venmo or online bank transfer. Withdrawal methods include PayPal and Skrill, and withdrawal requests take a few days to be processed.

⭐ Customer Support Options

Betsafe offers strong customer service: a standard FAQ page on their app, and bettors can also contact the customer support through email or live chat for more info.

⭐ Why Should You Sign Up on Betsafe? Final Thoughts

You should definitely consider signing up on Betsafe Sportsbook. The Betsson Group has a ton of mobile betting experience after operating in the sports betting industry in other countries for years, so you can be sure that the platform is rock solid and high quality. In addition, they offer great selections of European soccer, so bettors looking for the Premier League or the Champions League odds are in luck. Finally, the Betsafe mobile app is a latecomer to the Colorado market. This means they have to stand out from the crowd if they wish to attract sports bettors that have already signed up on multiple online sportsbooks.


1️⃣ What is Betsafe USA?

Betsafe is an online casino, sports betting and poker brand owned by Betsson Group from Sweden. The online gambling sites are active in several other markets, including Canada, and now the legal sports betting site is live in Colorado too. Betsafe sports betting will also be expanding to other US states in the coming months, and perhaps Betsafe's owner will also release online casinos in markets that have legalized online casino gaming. Casino games and poker games are legal online in CT, MI, NJ, PA, and WV. Currently, Colorado online casinos are limited to social gaming. Please play responsibly.

2️⃣ Do I need a promo code to get the Betsafe welcome bonus?

No, there are currently no Betsafe promo codes available for new players. If they introduce a promo code, we will update this page. If you want to get the bonus, opt in, make a bet of at least $25, and the funds will be automatically applied to your account.

Similarly, when the Betsafe Casino opens in a casino state, they might introduce another Betsafe welcome offer; we will list the casino bonus and promo code on BonusFinder US as well.

3️⃣ What's special about Betsafe Sportsbook?

They certainly bring a broad selection of sports leagues, in-play betting, and international flair to the market with their online betting product. While they don't have the best odds for everything, Betsafe Sports has a great new user offer and good player props offerings. We would like to see live streaming and more existing user bonus offers on the betting app when it expands into more states, like competitor Betway. The Betway bonus is a bit worse since you only get $250.

4️⃣ Is Betsafe legit in Colorado? Is Betsafe legal?

Yes, they have been approved for a sports betting license by the Colorado Department of Revenue - Gaming Division. In order to get the sports betting license, they had to partner with a local casino, Dostal Alley Casino in Central City, and prove that they conform to the responsible gambling and responsible betting regulations.