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Bovada Review

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Overall Rating: 4.7/5

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Bovada

Review By Donald Porter

Bovada are a highly reputable US facing betting site. They have some of the best bonuses for new players and offer excellent promotions for football, basketball and baseball.

Their betting limits are a little lower than other sites in the US market but their cashout times smoke the competition. All in all, Bovada are my favorite US friendly sportsbook and my top rated book on this site.

Bovada may be a relatively new name in the world of online sportsbooks, but its parent company, Bodog, has been around for years and has a solid reputation for honesty and integrity. The Bovada site made its debut late in 2011 after the Bodog brand decided to leave the US market. It is mainly for U.S. players, although U.S. residents of Maryland and Washington are prohibited from joining. International bettors may also play.

When choosing an online sportsbook, there are several different factors to look at, including bonuses, financial stability, betting options, deposit/withdraw options, and ease of use, with financial stability at the top of the list. All of the bonuses or betting options in the world aren’t going to make any difference if you cannot get paid. Luckily Bovada is known to be extremely reliable in the payout department. Other books may be faster with payouts, but few can match their reliability.

Having a bettor-friendly platform was always a strength of Bodog and it has carried over to their new US facing arm, which uses the same software. The site is extremely easy to navigate around and help is always just a click away. The site is clean, fast, and has a solid track record for being accessible. They also boast one of the top mobile offerings with their entire sportsbook compatible with iPhone, Android and the majority of other smartphones. For those who play slots or blackjack, they also released one of the first mobile casinos for USA players in 2013.

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why we love em

  • pros Excellent bonuses
  • pros Huge number of markets
  • pros TV show betting
  • pros Fast cashouts
  • pros Highly reputable company
  • pros Mobile compatible
  • pros Poker, bingo and casino

Why we hate em

  • cons Restrict limits on winners
  • cons 20c baseball lines

A Little Bit about Bovada

Bovada’s parent company Bodog has been around since 1995 and is known for being one of the trend-setters in the online betting scene, with their policies and business model copied by a number of competitors. After the United States federal government seized the Bodog.com domain name, Bovada was created to give U.S. players a site to wager on, while at the same time making sure that business with players outside of the United States wouldn’t be interrupted again.

The company is located in Canada and operates on a gaming license issued to Meadway Leisure Limited by the Kahnawake Gaming Commission, located in the Mohawk Territory of Kahnawake, Canada.

Large Number of Markets on Offer

As a sportsbook. Bovada is focused on players from the United States, although residents from New York, Utah, Maryland, and Washington cannot play due to local restrictions. Bettors living outside the U.S., also use Bovada as a sportsbook option.

They have a good quality of odds since they specialize in the casual bettor, so they have a lot of very tempting underdog wagers on most sports. The downside of that is that many new users could flock to the underdog bet and prevent the rest of the seasoned bettors from getting the best odds. They offer good underdog odds to constantly replenish their customer base. When compared, their list of sports are comparable to the competition, but definitely they are most appealing to those who like teasers and above-average odds.

Another downside is, the site may limit players who regularly beat them, although it’s common practice throughout the industry, who wouldn’t want to be banned for a while and have that problem. And their betting lines are not always the most-player friendly, with the most obvious example being baseball, where bettors are asked to bet into a 20-cent line.

This is because they are primarily a company that caters to the recreational bettor, something that is reflected in their betting which are a bit on the smaller side compared to many other sportsbooks. One common complaint is that they will reduce the betting limits even more for players they deem to be professional bettors or bettors who show a track record of winning. The largest wager accepted at Bovada is $2,000 for the NFL, college football (after Thursday of game week), and UFC/Mixed Martial Arts fights. Betting limits are as low as $500 for NASCAR, soccer, and college basketball.

What’s more, they also show different lines to different customers. If you have been winning a lot on the NFL for example, they might show you a +220 line, but this line may be +240 for a losing bettor. Personally, I don’t have an issue with this as they are obviously in the business to make money, but it’s something worth noting.

Betting Coverage – Bovada covers all of the major sports including football, soccer, hockey, basketball, baseball, golf, tennis and auto racing. There are lots more, including lesser-known events like wrestling but it’s mostly sports that have popularity in American markets. The site rates extremely well in the number of wagers offered, as bettors can wager on all of the major sporting events, along with a number of international events, such as rugby, snooker and cricket. They are also known for carrying a number of entertainment-based betting options, such as Dancing with the Stars odds, and other slightly off-beat wagers.

Stand Out Site for Bonuses

As they are a book with mostly casual bettors, they rate highly in the bonus department as they use these as incentives to keep players coming back. The current signup bonus is offering bettors 50% of their initial deposit up to $250. Players can also earn up to $100 each time they refer a friend. The company also has special promotions throughout the year, such as offering bettors free casino chips for wagering on sports, free bets on NFL games and a ton of other promotions.

$250 to be on NBA playoffs – 50% welcome bonus up to $250
$250 or $500 Sports Welcome Bonus
Bovada Sports Bonus Code (for Bitcoin)
Avoid Transaction Fees with Bitcoin

The welcome bonuses for Bovada rank somewhere in the mid range with a 50% free play bonus and 3X rollover requirement. The actual bonus amounts to 8.3%, and the maximum bonus cap is set at $250. It’s not a bad offer, but it’s not matching what the industry leader are offering.

Moving Money In and Out

Bettors have several different options for making financial transactions. For depositing, you can use a Visa card, including debit cards and pre-paid gift cards. Rapid Transfer and Money Transfer services such as Western Union can also be used. Players using a Visa card are charged an additional 4.9% of their deposit amount. The site will reimburse players the cost of Rapid Transfer or Money Transfer up to $300.

Bovada offers its players two deposit methods:

VISA Credit / Debit / Gift Cards.
Moneygram (known as “Rapid Transfer”)

A card deposit is the best and quickest way to make a deposit at Bovada. With a Visa credit, debit/check or gift card that’s eligible for online and international purchases, you can easily make a deposit.

A 4.9% fee for card deposits will apply, except on the first deposit. This should be taken into consideration when depositing, especially if it’s with the minimum deposit. Although it’s advertised that you can deposit a minimum of $20, in reality you have to deposit the minimum of $20 +4.9%. The advertised minimum card deposit is $20 and the maximum card deposit is $500.

Rapid Transfer is also a great way to deposit and withdraw money to and from Bovada. It’s estimated that it takes around 15 minutes for a deposit to show up in your account and 24 hours for a withdrawal to arrive. The minimum Rapid Transfer deposit is $10 and the maximum Rapid Transfer deposit is $800. If you deposit $300 or more at a time and withdraw maximum once a month, Bovada will waive all the transaction fees. Otherwise deposit fees are between $12-$20 and withdrawal fees $20-$60.

Cashout Amount Fee
$100 – $199 $20
$200 – $399 $30
$400 – $599 $45
$600 – $750 $60

Withdraws can be made by requesting a check and one free withdraw is permitted per month. Additional withdraws are subject to a $50 processing fee. Bettors who deposited funds by Rapid Transfer can request a payout through Rapid Transfer, but are responsible for the fees, which range between $20 for a withdraw of $200 or less, up to $60 for the maximum Rapid Transfer withdraw of $800.

Bovada offers two withdrawal methods:

Checks
Rapid Transfer (equivalent to “Moneygram”)

Check withdrawal limits are from $20-$3,000. For Rapid Transfer it’s between $100-$750. The great thing here is that the first check withdrawal of each month is free. If you want to cashout more often, then every other cashout will cost $50 per transaction. If you deposit money but decide not play, Bovada fees may apply if you try to withdraw.

They have the fastest withdrawals and check payouts out of all US poker sites. (unless you live in Delaware, Nevada and New Jersey where you can order ACH cashouts at regulated online poker rooms).

The delivery time varies on the type of transaction, but usually Bovada delivers checks in 1-2 weeks with many reports showing that delivery is within 10 days. They are ahead of the field in this regards, as most of their competitors can take several weeks or months. Rapid Transfer payouts take a maximum of 24 business hours, and then it can be collected from a local Moneygram location. Payout times are better now, although it can still take two to three weeks to receive a check depending on your location, but for me and most others, waiting an extra day or two is worth not having to worry if you will receive a check at all. However, while they can take up to 2 or 3 weeks, they normally arrive within 10 days.

One huge plus point for Bovada is that throughout it’s 15+ years in the online gambling business, they have no unresolved payout issue or disputes, making them a solid choice for our Number One Sportsbook. Bodog has always had a solid reputation for paying bettors. Even when the United States government was making things as difficult for online betting sites as possible, Bodog was able to deliver. There were times when payouts could take a month, or longer, but you could always count on being paid.

**New to Banking** Bovada now accepts Bitcoin as a payment method, and there are no transaction fees.

Bovada’s customer service is also reviewed very highly, and can be contacted via phone: Support (1-888-263-0000) or e-mail support (service@bovada.lv)

Now Bet On the Go

Bovada has a strong mobile betting option so you can sign up with your mobile device and gamble basically anywhere, anytime, with no additional charge. Deposits can be made with your tablet or smart phone, though it must be done via their regular website or with a phone call to request a withdrawal. The best thing is you can be in the moment with in-play betting, that allows users to bet on sporting events as they take place.

Bovada – Leading Site for US Customers

Bovada are a top choice for the recreational to intermediate bettor. There are plenty of betting options, including many live, in-game wagering opportunities. The site is easy to use and financial transactions are relatively simple; what’s more it is hard to find anyone who can beat them for payout reliability.

Larger bettors and sharps may want to look elsewhere, due to the somewhat low betting limits. Those who plan to wager on baseball daily will definitely want to find a sportsbook offering a 10-cent line. But for the average sports fan who wants to bet on their favorite sport or any big seasonal events such as the World Cup or the Olympics, then there are few if any better choices.