May 7, 2020 By Jovan
LICENCE NUMBER: 39579
Since it changed ownership a couple years ago, Betsafe has steadily been climbing the ladder of success. The new owners have set a goal of conquering the British betting scene. Whether they have the means to do it is the subject of today’s Betsafe review. We will be taking a thorough look at their sports offerings, customer support, banking, security and much, much more. So before you decide on betting with Betsafe, join us for a quick review and find out if you are truly safe with them.
Pros / Cons
A wide array of betting options
Live stream features
Scout gaming’s virtual sports
Not enough bonuses
New customers only. €10 minimum deposit required. +18 Only. 40x wagering on bonus amounts. Bonus Spins only available with a min. first deposit of €25. Bonus Spins are available on Coins of Egypt only. Offer will expire after 30 days from registration. T&C’s apply.
A Little Bit of History
Betsafe started out more than a decade ago in the UK. During its first years, the company struggled to keep up with its experienced competition. However, Lady Luck smiled on Betsafe in 2011 when Betsson acquired most of the shares. At that time, Betsafe UK became part of the Swedish gambling giant that already had trusted companies like Jackpot247, SuperCasino and Vernons under its hand.
The acquisition proved to be successful. On the one hand, Betsson gained almost half a million new users. On the other, Betsafe gained more media space and fresh funding. Just a couple years later, Betsafe accomplished what was once deemed impossible—it surpassed Unibet in its number of active players.
The most recent addition is the deal with Scout gaming, which gave Betsafe.comexclusive rights to Scout’s fantasy sports program. The company states that integration will be completed by the end of this year. This integration will grant Betsafe a unique fantasy sports feature, an option that will surely garner even more attention.
Registering at Betsafe is a cakewalk. You can complete the entire process in minutes. When you find yourself on their homepage, look for the big green Create Account button right next to the Betsafe login. Betsafe will then load a special page reserved for the registration process.
First, you’ll have to choose your username and password. Since safety is embedded into its name, Betsafe will do its best to instruct you on how to choose a strong password. The website will also request your personal info, such as name, gender, address and phone number. In the end, you’ll have to choose your preferred currency and tick the box by which you guarantee you are of 18 years of age. You can also opt for a notification subscription.
After the process is complete, Betsafe will ask you about the welcome offer. In order to claim it, you must make a deposit right after registration is complete. Mind you, most other betting websites will offer you a bonus claim by promo code during registration, but not Betsafe. In my long experience with even the best UK betting sites, this is the first one that suggests you get acquainted with the terms before you claim them, making them probably one of the most honest and transparent betting websites I’ve had the honour to visit.
Betsafe Bonus Section
Once you find yourself on Betsafe’s promo section, you will be unpleasantly surprised by the lack of offers. The whole section is pretty much empty, without any info on the bonuses, except for a few ones detailing casino promotions.
However, if you do some digging around the site, you’ll find that Betsafe actually offers loads of boosts on acca and premier league football games. Nonetheless, fans of horse and greyhound racing will be left empty-handed as there are no promos for races.
We already mentioned the Betsafe sign up offer. All you need to do is make your first deposit of at least £10, and Safebet will match it up 100% for all deposits up to £50. The bonus amount will be paid in cash and listed on your account.
However, the casino will take the same amount of deposited money from your balance and keep it as ‘Locked Money’. In order for them to release the funds, you have to wager the bonus amount 40 times within the next 30 days, and the max bonus amount you can wage per bet is half a pound. Here’s one fact you won’t find on any other Betsafe review: you can’t claim the bonus if you make your first deposit using Skrill, Neteller or Moneybookers. If you do, you can kiss the welcome bonus goodbye.
What it lacks in regular bonuses, the website more than makes up for in its boosts on wagers. All you need to do is check out the daily boost category in any sports section, and you can find the boosted events for the day. Currently, Betsafe features boosts for Premier League, horse racing, rugby, NFL and Champions League.
In the end, there is the Betsafe Safe Bet bonus for mobile users. To claim it, you first need to place bets at a total of €60. At the beginning of the weekend, Betsafe will award you Safe Bets totalling €20, which you can spend on a single bet. Best of all, you can repeat this process every week. However, note that you have to use it by the end of Sunday the same week. Also, if you win your bet, you only get your winnings minus the initial stake.
If you were wondering more about the Safe Bets, they’re essentially a Betsafe version of any free bet system you can find on other betting websites. The only difference is that if you lose, Betsafe will give you the wagered amount back. Maybe it doesn’t seem like a lot, but it can help out when the end of the week hits and you’re down on your funds. Don’t be fooled by the fact that it’s called a mobile bonus – you can claim it on any device as long as you fulfil the claiming conditions.
Payments & Withdrawal
At this point of our Betsafe review, it’s time to load in some cash. When you log on to your account, you will see a Deposit/Withdraw button with your balance displayed at the top of the page. Once you click on it, a window pops up and asks you about your preferred payment method.
The website accepts payments by Visa (debit only for the UK players), Skrill, Neteller, Paysafecard, Mastercard, Trustly, bank transfer, Entropay, KWICKGO and Instant Banking. When it comes to currencies, Betsafe accepts euros, pounds, Bulgarian levs, US dollars, Polish zloty, and Norwegian/Swedish krona. The minimum deposit amount is €10 and the maximum is €10,000.
The withdrawal process is pretty much the same as depositing. All you need to do is find the same button at the top of the page, and from there you can select the method and the amount. The minimum amount for withdrawal is €20, while the max depends on the payment method you’re using. We used Skrill most of the time, and the max withdrawal was €10,000.
Betsafe Sports Book
Betsafe offers its punters a more-than-decent assortment of 36 different sports and events. Like any other betting site, the largest selection of events comes in the form of football, NFL, tennis, basketball and baseball matches. Apart from these classics, punters can also test their luck on special events such as politics, business, TV and movies.
Apart from regular races and matches, punters can also choose whether they want to place bets on boosted events or live matches. The website also features live stream options for selected events. Unlike most betting sites, Betsafe features a comprehensive e-sports page where you can follow Dota, CS Go, Starcraft and other championships.
All the events are organised in a side menu on the left side of the homepage. From there, you can choose your favourite sport. Once you do that, the centre of the page will display all the daily events.
Placing bets is easy and intuitive – you just have to click on the odds box next to the name of the event, and your bets will be recorded in the bet slip on the right side of the page. In it, you can tweak your stake, and once you’re happy with it, just click on the Place Bet button.
As for the Betsafe horse racing events, they are all located on a separate page. Once you enter it, the story is pretty much the same as with sports – events are on the left, and you can choose the live races from the centre of the screen.
The website works perfectly. During my time on their sportsbook, I never encountered any bugs, loading problems or faulty bets. Every piece of information and every relevant button is visible from the homepage.
As mentioned before, the left side is mostly reserved for events and sports. The top of the page has links to your account and links to other Betsafe franchises, such as Betsafe Casino or Betsafe Poker. The right side contains your bet slip along with Live Stream links. At the bottom, you will find the sitemap with all the necessary links, responsible gaming seals and licencing info.
Another interesting feature we found was Betsafe’s Blog page, where you can get reliable information on upcoming events. The Blog features news about players, clubs and sports, along with live video news clips. The Blog also covers news about betting, so make sure to follow it so you don’t miss out on hot tips.
When it comes to security, Betsafe doesn’t take any chances. The website is operated by the BML group, which is licensed by the British Gambling Commission (account number 39579) and the Malta Gaming Authority (registration number C-34836).
Bet Safe also has a comprehensive program for punters who start to experience irresponsible gambling problems. The website lets you set a deposit limit, take a time-out or enter a self-exclusion program.
If at any point you get stuck, Betsafe will make sure you receive the help you need. You can reach customer support by phone (call-back only), live chat or email. The buttons are clearly marked and visible on every page, including registration and banking. I wanted to test their services, so I contacted the Betsafe live chat team. The response was fast and knowledgeable, so you won’t encounter any problems if you have to deal with them.
Betsafe’s website, although fairly new, already has the markings of an experienced and well-established betting site. The sportsbook is populated enough to keep your attention. If you add the amazing betting options, the opportunities for winning rise exponentially. As for the bonuses, their boosts can give you the edge when you most need it.
The only thing that deserves criticism is the welcome bonus. Although it may seem enticing, it can trap your funds for a long time. Anyway, I hope all the experiences collected in this Betsafe review helped you make the right choice. Just remember to pick your bonuses wisely, and you’ll have a great time at Betsafe.