Live Streaming is only available to eligible customers. To watch live sport and selected racing, all you need is a funded account or to have placed a bet in the last 24 hours. To watch any other racing, you must place a qualifying bet of at least 0.50 win or 0.25 Each-Way (or currency equivalent).
Yes, Bet365 is safe to use. The sportsbook provides various levels of firewall and other protections and the sportsbook itself is regulated by each of the state gaming regulations Bet365 is legal in.