Why you’re seeing Betsafe promotions like this
Betsafe has had to put on attractive deals like this to get a toehold in the increasingly competitive sports betting scene in the US. After all, there are plenty more sportsbooks vying for your custom, and so Betsafe will have to do something special to get your attention.
Is Betsafe available in your state?
Check out our table below to see if Betsafe is available in your state and also be on the lookout for your state-exclusive promo code so you can start enjoying their welcome offer today:
How to get this Betsafe bonus for US players
This deal will refund your first Betsafe bet, if it loses, up to $500 in bonus bets. Here are the steps you need to take to get this welcome offer:
- Sign up to Betsafe for the first time
- Opt into the bonus
- Make a deposit
- Bet $100 or more
If you do this and your first bet wins, you can get your winnings as normal. But if your first bet loses by $25 or higher, you’ll get your stake refunded in bonus bets up to $500. However, your refund isn’t a direct refund of your stake, as your refund will be given in one bonus bet token as follows:
- Lose between $25 and $49, get a $25 bonus bet
- Lose between $50 and $99, get a $50 bonus bet
- Lose between $100 and $199, get a $100 bonus bet
- Lose between $200 and $299, get a $200 bonus bet
- Lose between $300 and $399, get a $300 bonus bet
- Lose between $400 and $499, get a $400 bonus bet
- Lose over $500, get a $500 bonus bet
Simple tips for using your Betsafe bonus code
We thought we should help you out by giving you some useful tips for when you pick up this special offer. Perfect for avoiding making too many newbie mistakes:
This isn’t a 100% refund deal and so you should try and get value for money in terms of the bonus bets you get. For example, you’ll get a $100 bonus bet regardless of whether you lose $100 or $199 on your first sports bet, so bear this in mind.
Don’t take too long with your bonus bets
You will only get a couple of weeks to use your bonus bets, so be sure to plan ahead when you sign up to Betsafe. After all, it would be a shame to have bonus bets and no decent sports to use them on.
Remember what bonus bets are
The bonus bets you get as a refund have no cash value and cannot be withdrawn. Plus there is every chance that you might lose your second chance with these bonus bets. As a result, it’s probably best to keep your opening bet relatively small.
There aren’t any odds limitations on what you can use your bonus bets on. Our advice is therefore to use your bonus bets on those surefire favorites to make sure that you get something back from your second chance.
There’s also nothing stopping you using your bonus bets on live betting, which offers another great way to hunt down those short odds. These might not give you much in terms of returns, but at least you won’t throw your bonus bets away.
Read our Betsafe bonus code FAQ
This deal isn’t the most straightforward sportsbook bonus that you’re going to come across. So we’ve created this FAQ to explain the bare bonus of this deal.
1. Who can get the welcome offer?
You can only get this sign-up offer if you are a brand new customer who is playing from Colorado. You will also have to be at least 21 years old.
2. Is there a Betsafe no deposit bonus?
Sadly not. The only deal that we found here was the welcome offer, which required a qualifying bet, and therefore a qualifying deposit.
3. What counts as a qualifying deposit?
There is no requirement about how you are allowed to make your first deposits at Betsafe. This means that you’ll be free to use all of the available payment methods like Visa, Mastercard, Skrill, PayPal and VIP Preferred. Just remember that your first deposit cannot be made with a credit card.
4. How can I use my bonus bet refund?
Your bonus bet can be used across all sports, all bet types and all kinds of odds. The only thing to remember here is that you have to use your bonus bet all in one go and it cannot be split up.
5. How long does the sign-up offer last?
You get just 14 days to use your bonus bets. Betsafe will aim to pay you your bonus bet refund within 24 hours of your bonus bet being settled.
What other Betsafe promotions are there?
Apart from the welcome offer, there aren’t too many other deals available at Betsafe just yet. This isn’t a huge surprise, because it’s still a new sportsbook in the US and probably hasn’t had time to create things like reward programs and VIP clubs just yet.
However, we should note that Betsafe does put on lots of odds boosts. These will be updated every 24 hours to give you enhanced odds for specific betting markets each and every day. For example, we saw a deal that boosted the odds from +175 to +215 for Steph Curry and Zion Williamson to both score 30 points in an NBA game. So be sure to keep your eye out for your daily odds boost.
Conclusion - Reasons to get these Betsafe sign-up offers in the US
Betsafe is still a relatively new entrant into the US betting scene, but it’s got a welcome offer that’s sure to attract interest from many new customers. After all, getting a second chance to win a sports bet is a hugely attractive prospect for all bettors, and it offers a good way to see whether the sportsbook is a right fit for their betting needs.
We’re hoping to see a few more deals for existing customers at Betsafe in the future, but for now those odds boosts are sure to be useful. So make sure that you register your first account at Betsafe and see what you can win with your bonus bets.
