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Betsafe Welcome Bonus & US Promo Code 2024

Introduction to the Betsafe Sign-Up Offers US

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The offer that comes with the Betsafe promo code is a great deal and we’ve created this review to tell you all about it. Perfect for anyone who’s worried about losing their first sports bets.

By getting this deal, you could have your first bet refunded, if it loses, by up to $500 in bonus bets. This effectively gives you a second chance at one of the most exciting new sportsbooks to hit the US. Plus with lots of Price Boosts, it’s clear why so many people are choosing to sign up to Betsafe.

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"Not a bad platform here. Good odds and offers."
"High quality online casinos are my go to when signing up to new gambling platform. Betsafe is one of them for me. Really enjoying the ..."
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Last Updated on 07/08/2024
Fact checked by: Mark Lewis

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:

  1. Sign up to Betsafe for the first time
  2. Opt into the bonus
  3. Make a deposit
  4. 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:

Consider your stakes

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.

Stick to the favorites

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. 

Try a live bet

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.

Introducing the Betsafe bonus code for sports betting

So this deal from Betsafe is only available for brand new customers at the sportsbook. It comes in the form of a no sweat bet, which means that if your first bet at Betsafe loses, the brand will refund your stake up to $500. This refund comes in the form of bonus bets that you can use for more sports bets. Perfect for anyone who thinks that they’ll need a second chance with their first bet at this online sportsbook.

How we used this Betsafe promo code in the US

We signed up to Betsafe for the first time and then opted into the promo before making our first deposit. Once the money was in our account, we decided to place a $100 sports bet on the Broncos to beat the Chiefs. Sadly, our bet lost because the Chiefs beat the Broncos 34-28. However, this meant that the bonus kicked in, because we got our bet refunded with $100 in bonus bets.

From here, we simply used these $100 in bonus bets all in one go on the next Broncos game, which was against the Cardinals. Amazingly, the Broncos won 24-15 and so we managed to win a big NFL bet even if we failed the first time around.

Withdrawing from your Betsafe deposit bonus

The great news is that once you have used your bonus bets, there are no further wagering requirements on them. This means that you are free to withdraw whatever winnings you made from this deal as cash whenever you want. The only thing to remember here is the fact that you can’t withdraw the actual bonus itself, only the extra winnings generated by it.

Limitations of this sportsbook promo

Like most sportsbook promotions, this deal has time limits that give you only a few days to use your bonus bets. That’s pretty standard, but what caught us out was how the refunds were awarded. For example, if you lose between $25 and $49, you will get one $25 bonus bet token. Similarly, if you lose between $50 and $99, you will just get one $50 bonus bet. Definitely something to consider when you are thinking about how much to stake on your first bet at this online sportsbook.

Conclusion - Why we like this sportsbook deal from Betsafe

Betsafe has done a good job with its welcome offer as it simply lets you lose your first sports bet and then you will get a second chance to try again. However, the way that the refund was staggered was a little unusual, and we would have preferred a regular 100% refund of our original stake. But that’s just a minor criticism, because we loved the fact that there weren’t any limitations over the odds or bets that we could use for either our qualifying bet or our bonus. So sign up to Betsafe and get this deal.

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.

Betsafe promo code FAQ

🎁What is the Betsafe welcome offer?

You’re going to love the Betsafe promo code for new customers. Take a look at our guide and you’ll quickly see that this deal is just as good as the promo found in our Big Fish Casino bonus review, and that’s saying something.

❓How do I use the Betsafe bonus code?

It’s so easy to use the current Betsafe bonus code. Read our guide to see how you can claim it, how you can use it and how it can be used to help your bets at one of the hottest new betting sites in the US.

👀Does the Betsafe sportsbook have any promos?

Make sure that you read our guide to see whether there are any Betsafe promotions that you can use on the brand’s sportsbook. We will also let you know how any of these deals compare to the excellent promo found in our Stake bonus review.

🔐How do I get a Betsafe login?

All online sportsbooks and social casinos will demand that you get a login before you get any special offers. So read our guide to the current Betsafe bonus code to see what steps you need to take to register your account and get this special offer.

💪Which are the sportsbooks with the best promotions?

There are so many special offers out there that we’ve given ourselves the task of ranking the top sportsbook deals and the best online casino bonuses. But read our review of the current Betsafe promo code to see whether this is in with a chance of being among the best sports betting deals.

User Reviews for Betsafe Bonus

3.8/5 – 5 User Reviews
  1. Potential

    Good site here. Welcome bonus has big potential.

    Worth a sign up!

  2. Odds

    Nice looking site, and really straightforward to use. Welcome offer is still also worth taking advantage of.

    Odds are updated often which is a big plus

  3. Markets

    The selection of markets on the sportsbook here is huge. Makes using your welcome bonus all the easier!

  4. Casinos

    High quality online casinos are my go to when signing up to new gambling platform. Betsafe is one of them for me. Really enjoying the site so far, and the welcome bonus was a great starter!

    Highly recommended

  5. not bad

    Not a bad platform here. Good odds and offers.

    payouts could be quicker

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