BetSafe Canada Review – Claim Up to $500 Bonus
Betsafe Canada is not a new name in the market. It initially launched in 2006, and was acquired by Betsson Group in 2011.
Now, Betsafe has over 600 thousand active users from more than 100 countries! But does Betsafe Canada have a competitive selection when compared to other Canadian betting sites?
That’s what we want to find out with this Betsafe review. We’ll be looking at:
- Betsafe’s promotions and bonuses
- Security, safety, and fairness
- Betsafe’s sports selection and odds
- How to sign up to and play at Betsafe
- Quality of the casino section
- Betting tools and mobile experience
- Selection of payment methods
Read on to discover if Betsafe Canada is the best option for you!
Excellent $500 Bonus
Over 25 Promotions Available
Best Odds for the CFL
Low Minimum Deposit
Fast Payment Approvals
2000+ Casino Games Available
Some Payment Service Fees
Bonuses and Promotions
25+ Promotions Available
Varied Welcome Bonus
Special Tournaments Available
If you’re one of those players that loves taking advantage of promotions and bonuses, then Betsafe is the site for you.
At the time of this review, it’s possible to find over 25 promotions at this sportsbook. That’s right, over 25! You can easily filter through the promotions by:
- Live Casino
Apart from these offers, you can also try your luck in the Betsafe Million and the Casino Tournament.
Let’s have a look at what benefits you can get from these bonuses:
Betsafe Welcome Bonus
The best things in life come in groups of three, and Betsafe’s welcome bonus is no exception.
You can get 100% up to $500, plus 100 free spins, and a $5 live casino bonus. To benefit from this generous welcome offer you just have to follow three quick steps:
Create a Betsafe account.
Make a minimum deposit of $15.
Activate the bonus.
The wagering requirements are decent :
- Wager the bonus amount 6 times on sportsbook bets or horse racing
- Wager the bonus amount 35 times on free spins and live casino bonus
This is one of the most competitive bonuses for the Canadian market at the moment. The $500 amount far exceeds the average $200 bonus, and the addition of free spins and a live casino bonus is a plus!
We have even more good news! eSports bettors can benefit from a welcome offer of up to a $100 Free Bet, which is one of the best eSports promotions we’ve seen.
As already mentioned, Betsafe offers loads of promotions that cater to all types of players. These include:
- Daily sports missions to win up to $1000 cash
- A $10 Free Bet to be used for live betting
- A cash refund for parlay bets
- And a lot more!
Check out Betsafe’s promotion page for a full overview of what you can benefit from!
The Betsafe Million
One particular promotion that caught our eye is the Betsafe Million. Yes, that’s right, Betsafe offers you the possibility to win $1,000,000!
How does it work?
Well, you need to opt-in and place bets of $25 in total on any sports (horse racing not included) with odds of -200.
Once these bets are placed, you’ll receive $1,000,000 and need to answer a set of questions by wagering that money.
Once you finish all the questions, any money you have left is yours to keep and will be paid in cash.
You may be thinking: ‘What’s the catch?’. Well, the main thing to keep in mind is that the questions are timed and you have 60 days to answer all twenty questions.
Is Betsafe Safe in Canada?
Betsafe is owned and operated by BML Group Ltd, which is licensed and regulated by the Malta Gaming Authority (MGA).
Your personal and financial data is also protected through in-depth technical security protocols. Moreover, all the funds from players are held in separate bank accounts which are regulated under Tier 1 financial institutions.
Finally, Betsafe has been part of Betsson Group since 2011, which won the “Safer Gambling Operator of the Year” at the International Gaming Awards 2021.
This award is a recognition that the company is doing its utmost to prevent problem gambling for its customers.
This includes advancements in age verification technology, safeguards in problem gambling, and thorough KYC procedures.
Is Betsafe Legal in Canada?
All Canadian players can safely register and play at Betsafe Canada. You won’t face any legal troubles as this company is registered in another jurisdiction.
This means that since the sportsbook is operated by an offshore company, it isn’t bound by Canadian laws, which is why it can offer its services to Canadians without any legal issues.
There might be a chance that this will change soon due to the recent legislation of single-event betting, but we’ll keep you updated on all the latest news!
Betsafe Sports Betting
Wide range of sports
Best CFL Odds
Strong Virtual Sports Category
The sportsbook section at Betsafe is exactly what you’d expect from a renowned brand. It offers over 30 different sports, covering all of Canada’s favourites:
- Hockey: NHL, CHL, and 17 other leagues
- Basketball: NBA, NCAA, Euroleague, and many more
- Baseball: MLB, Japan, South Korea
- Football: CFL, NFL, and NCAA
Betsafe also has a decent eSports section, with betting options on CS:GO, LoL, Dota 2, and FIFA.
Another impressive section is the virtual sports category, with over 35 options for:
- Horse Racing
- Dog Racing
- and more!
Virtual sports tend to be sidelined at Canadian sportsbooks, so we were happy to see such a strong category at Betsafe. The betting site even offers a 10% bonusback on top virtual sports!
During our review, we found Betsafe to have overall competitive odds. Since Betsafe claims to have the best odds on the CFL, we spent some time analyzing the CFL odds in more detail.
We compared the odds offered at Betsafe with two other major online sportsbooks.
|Match Winner||Betsafe||Betway||Sports Interaction|
As this example shows, Betsafe indeed offers significantly better odds for the CFL.
This is excellent news for CFL fans because you can combine these excellent odds with numerous sports promotions that Betsafe offers!
We mentioned several times that Betsafe is primarily a sportsbook, but there’s no reason to worry if you’re a casino lover.
The casino has almost 2000 different titles, which are organized by these categories:
- New games
- Table Games
- Live Casino
2000 games are over and above the average of 1200 titles at most Canadian casinos. Let’s take a closer look at some of the most important categories.
While you’ll certainly find all of your favourite slots and table games at this casino, one thing is certain: there are several games you’ll only find at Betsafe.
These exclusive games were developed by some of the most renowned providers, including iSoftBet, PlaynGo, and Yggdrasil.
We spent some time spinning the reels of the exclusive Fury of Gods, which provided plenty of fun with its cluster wins and scatter wilds.
Betsafe has a separate category where you can find all the available jackpots on the platform. From the hot jackpots to the mega jackpots, there are over 150 options to choose from.
You’ll easily see how much money the jackpot is worth before selecting the game, and you can even use the lateral menu to filter through the different categories.
With over 100 live games, Betsafe’s live casino contains all the games players know and love:
- Game shows
These games were developed by providers specialized in live gaming, such as Pragmatic Play and Playtech, to give you the best possible experience.
Wide Range of Payment Methods
Low Minimum Deposits
Fast Approval Time
No Crypto Payments
Some Service Fees
When it comes to payment methods, Betsafe covers all the most popular payment methods in Canada.
The only area where it falls short is when it comes to cryptocurrency as it’s not accepted at the moment. If you’re looking for cryptocurrency, we suggest Bodog sportsbook, which has a full range of crypto payment methods.
But, the good news is that you’ll also benefit from having low minimum deposit limits. While the average minimum deposit is $20, Betsafe offers minimum deposits for $10. Have a look at the tables below for more information:
|Payment Method||Transaction Time||Service Fee||Minimum Deposit|
|Interac||Instant||From 0% to 2.5%||$10|
|Visa||Instant||From 0 to 2.5%||$15|
|Instant Banking||Instant||From 0 to 2.5%||$15|
|MasterCard||Up to 3 Banking Days||None||$15|
|MuchBetter||Up to 3 Banking Days||None||$15|
Unfortunately, there are some service fees for Interac, Visa, and Instant Banking.
|Payment Method||Transaction Time||Service Fee||Minimum Limit|
|Interac||2 to 5 Banking Days||None||$10|
|Visa||2 to 5 Banking Days||None||$20|
|Bank Transfer||2 to 5 Banking Days||None||$20|
From all withdrawal options, ecoPayz has the fastest withdrawal process of just 24 hours.
The approval process for all withdrawals is a maximum of 8 hours. This is far lower than most sportsbooks that allow a 48 – 72 hours for the approval process.
Betsafe App and Mobile Experience
Downloadable App Available
Those who enjoy betting on the go will be happy to know that Betsafe developed two apps, one for Android and one for iOS.
The iOS app can be found at the App Store, while those who use an Android device must download it from the website.
You just need to go to the Help Center and search for “Smartphone App”. Click the first result and follow the link for the Android App. You’ll be directed to a new page and you just need to follow the instructions presented.
This app covers all three main verticals:
- Live casino
Those who don’t want to download the app can also easily access the website through any internet browser on smaller devices.
Comprehensive Help Centre
Betsafe developed a comprehensive Help Centre where you can find answers to hundreds of questions.
From general queries to specific doubts about poker or horse racing, this is the first place to go when you face a problem.
In case the answer to your issue can’t be found here, you can easily reach out to a customer support agent via:
- Live chat (usually answers within 30 seconds)
- Email (response time between 30 and 60 minutes)
- Request a call back (response time between 15 and 60 minutes)
The support team is available 24/7 in English, which means that you’ll always get an answer.
Betsafe is not flawless as there are a couple of minor issues it needs to improve on. This includes introducing crypto options, eliminating service fees, and offering more live streaming options.
This costs Betsafe one star, but its solid offering means that it fully deserves a four-star rating.
Betsafe has excellent bonuses and promotions, and competitive odds, especially for the CFL. It also has very fast payment approvals, and 24/7 support.
Casino players can enjoy over 2000 games, including exclusive games and 150 jackpot games.
In our opinion, Betsafe Canada is definitely worth a sign up!
Is Betsafe legit?
Yes, Betsafe is a reputable company. It holds 15 licenses from gambling authorities and is owned by Betsson Group, which received an award for being a safe operator. All of your information is safe on this platform, and the games are fair and secure.
Is Betsafe available in Canada?
Yes, Canadian players can access Betsafe without any issues. Since the website is owned by an offshore company, it doesn’t fall under Canadian legislation. You will find all popular leagues like the NHL and the NFL, and the site accepts Canadian dollars.
How do I withdraw from Betsafe?
Go to the withdrawal section and press ‘Withdraw’. There are several payment methods available for withdrawal, such as Interac, VISA, or bank transfer. The withdrawals usually take between 3 and 5 business days to be processed. It’s always recommended that you request the withdrawal to the same payment method you used for the deposit.
How long does Betsafe take to withdraw?
Betsafe usually takes 8 hours to process the withdrawal request and the funds should be in your account between 3 to 5 business days after that. However, the withdrawal time depends on some factors, such as the payment method selected or whether you have sent your vetting documents or not.