Reviewed by:
Editorial
Editorial
Reviewed by:
Editorial
Last update:

BetSafe Canada Review

Illegal Unregulated in Canada
Unregulated BetSafe Canada Review

Betsafe Canada is not a new name in the market. It was 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:

  • 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!

Betsafe Overview

Pros

Over 25 Promotions Available

Best Odds for the CFL

Low Minimum Deposit

Fast Payment Approvals

2000+ Casino Games Available

Cons

Some Payment Service Fees

  • Screenshot
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  • 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:

  • Casino
  • Sportsbook
  • Live Casino
  • Poker

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.

Welcome Bonus BetSafe Canada Review

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:

  1. Create a Betsafe account.

  2. Make a minimum deposit of $15.

  3. Activate the bonus.

SIGN UP

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.

Other Promotions

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!

Betsafe Promotions
Betsafe Promotions

The Betsafe Million

Great News!

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.

  • Fast Loading Website

  • VIP Program Available

We were pleased to find Betsafe to be super fast to load, and easy to navigate. Unfortunately, we find plenty of sportsbooks that suffer from slow loading time, so we’re glad that Betsafe doesn’t fall in this category.

All the menus are available at the top and left hand side of the screen for easy access:

betsafe sportsbook homepage navigation
Betsafe’s Navigation

While Betsafe is mostly known for its sportsbook, you’ll also find:

  • Casino
  • Live Casino
  • Poker

VIP Club

However, what really caught our eye was Betsafe’s VIP club.

Good News!

If you’re a high roller, you can look forward to an invitation to Betsafe’s VIP Club!

 In case you’re one of the lucky ones, you’ll have access to additional perks, such as:

  • Personal VIP Manager
  • Reserved place at exclusive events
  • Fast-tracked withdrawals

VIP clubs in Canada are not as abundant as we’d hope, which is why Betsafe earns a few extra points for this!

How to Sign Up to Betsafe Canada

Intrigued? Let’s have a look at how you can sign up!

1. Visit Betsafe by clicking on our link. Click ‘Create Account’ at the top right corner of the screen.

betsafe create account
Click ‘Create Account’ at Betsafe

2. A registration form will pop up. Unlike other betting sites, Betsafe’s registration is done in just one part. Fill in details like address and date of birth.

betsafe registration form
Betsafe’s Registration Form

3. Press ‘Create Account’ and you’re in! All of that took less than five minutes.

  • Award-winning Operator

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!

  • 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
  • Golf
  • Tennis
  • MMA

Betsafe also has a decent eSports section, with betting options on CS:GO, LoL, Dota 2, and FIFA.

Virtual Sports

Another impressive section is the virtual sports category, with over 35 options for:

  • Soccer
  • Tennis
  • Horse Racing
  • Basketball
  • 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!

Betsafe virtual sports
Play Virtual Sports at Betsafe

Betsafe Odds

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 WinnerBetsafeBetwaySports Interaction
Montreal Alouettes2.112.052.05
Toronto Argonauts1.851.801.79
CFL – Montreal Alouettes vs. Toronto Argonauts

As this example shows, Betsafe indeed offers significantly better odds for the CFL.

Great News for CFL Fans!

This is excellent news for CFL fans because you can combine these excellent odds with numerous sports promotions that Betsafe offers!

Considering that Betsafe is a fairly established sportsbook, one could only expect that they offer plenty of betting tools. Let’s have a look!

Live Betting

You can easily wager your bets while the matches are still running on the in-play section, or live betting.

It’s also possible to access further information about each live match by clicking on the icon to the right of the money lines. 

There you’ll find a visual representation of what’s happening in the event, live streaming, and even statistics.

Betsafe offers a live streaming option in almost all live events, however, there is one small con.

For this feature to be available, you must be logged in and have €0.10 (or equivalent in another currency) in your balance.

livestream betsafe
Log in to access Betsafe’s live streaming

This is typical of betting sites in Canada, where the vast majority will require a login and a small deposit.

Cashout

Another excellent feature that is often sought after by bettors is cashout. Betsafe offers this option in almost all sports and competitions.

You can easily see if the match you’re betting on supports cashout as the symbol will be displayed.

There are also some exceptions here. Cashout isn’t available for:

  • Free bets or risk-free bets
  • Multi and system bets

    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
    • Slots
    • Exclusive
    • Jackpots
    • 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.

    Exclusive Games

    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 Fury of Gods Slot
    Betsafe’s Exclusive Fury of Gods

    Jackpots

    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.

    Live Casino

    With over 100 live games, Betsafe’s live casino contains all the games players know and love:

    • Roulette
    • Blackjack
    • Poker
    • Baccarat
    • Game shows
    • Slots

    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 MethodTransaction TimeService FeeMinimum Deposit
    InteracInstantFrom 0% to 2.5%$10
    VisaInstantFrom 0 to 2.5%$15
    Instant BankingInstantFrom 0 to 2.5%$15
    ecoPayzInstantNone$10
    PaysafecardInstantNone$10
    MasterCardUp to 3 Banking DaysNone$15
    MuchBetterUp to 3 Banking DaysNone$15
    Deposit Information at Betsafe

    Unfortunately, there are some service fees for Interac, Visa, and Instant Banking.

    Payment MethodTransaction TimeService FeeMinimum Limit
    Interac2 to 5 Banking DaysNone$10
    Visa2 to 5 Banking DaysNone$20
    ecoPayz24 HoursNone$20
    Bank Transfer2 to 5 Banking DaysNone$20
    Withdrawal Information at Betsafe

    From all withdrawal options, ecoPayz has the fastest withdrawal process of just 24 hours.

    Top Tip!

    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.

    • 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:

    • Sportsbook
    • Live casino
    • 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.

    Our Verdict

    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!

    FAQs

    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.

    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.

    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.

    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.

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