Bovada Online Betting Site Rating

Editor's Rating:
95/100

It is easy to write a Bovada sportsbook review because they are such a great place to wager.  They have been around for years and have always had a solid reputation.  This site is not only financially stable but they take care of their customers.  The website is is very easy to use and offers unique line sets.  This gives you the opportunity to get underdogs at great numbers.

CLICK HERE to sign up for a NEW account at Bovada

***By using our link to sign up you can get free premium picks from our best sports handicappers.  amount of credit for your subscriptions increases with the amount of your initial deposit.***

How They Got Their Start

bodog

Calvin Ayre started this book back in 1996 as “Bodog” and a lot of people thought he was crazy. It was an unusual domain name and the company title was a little strange.  Plus, he had flashy women across his site.

Yet, building a strong brand name has led Bovada to become a force in the sports betting industry. This is an entertainment company.  They have deep pockets and thrive on making your online experience the best it can be.  They really do care about their reputation and will go above and beyond to take care of their customers.

Why We Love Bovada.lv

Bovada is an industry leader that caters to the recreational bettor and has a great array of poker, horses, and casino options to choose from.  It’s easy to make deposits and they have never missed a payout.  Their mobile platform takes bets easily without worrying about making a mistake.  Plus, they are a dime line sportsbook that let you bet with reduced juice on baseball.

Deposit Options & Free Payout Methods

Bovada Deposits

MethodMinMaxFee
  Bitcoin$20$5,000Free
  Credit Card$20$1,000Free, then 5.9%

Withdrawals

MethodMinMaxProcessing TimeFee
  Bitcoin$10$9,5001-15 minutesFree
  Check by Courier$100$3,00010-15 business daysFree

List of Current Bovada Bonuses & Special Promotions

There are two primary bonus options right now for sports bettors.  Bovada features both a first-time deposit bonus and a BitCoin deposit bonus.  The broad strokes for each is listed below, however, please visit Bovada’s FAQ on bonuses for full details, rules, and restrictions.  At this time both bonus offers require a 5x rollover before they can be withdrawn.

First-Time Deposit Bonus

The first-time deposit bonus option is offered only to new accounts making their (you guessed it) first deposit.  The amount of the bonus is based on how much you put in the account.  You receive a 50% bonus of up to $250 on your first deposit!  Here is an example of deposit amounts and their corresponding bonuses.  Notice that once you reach $500 or more your bonus is capped at $250.

1st DepositBonus
$100$50
$250$125
$500$250
$1,000$250

Bitcoin Welcome Bonus

If you are not familiar with the digital currency BitCoin yet, you need to educate yourself on what it is and how to use it.  BitCoin makes it extremely easy to deposit and withdrawal from Bovada and they want to encourage you to use it by offering a sweet incentive.  With this offer you receive a 50% bonus on your BitCoin deposit of up to $500.  Below is a table showing some example deposits and bonuses.

BTC DepositBonus
$150$75
$500$250
$1,000$500
$5,000$500

Rewards Program

Bovada’s new rewards program is in effect and offers some great ways to build toward more bonuses.

How to Earn Rewards

Game/Wager TypeWager AmountRewards points per dollar in handle
Video Poker$11
Table Game$11
Single deck blackjack$11
Double deck blackjack$11
Blackjack$11
Slot Game$15
Specialty games$115
*Sports Singles$110
*Sports Teasers$115
*Sports Round Robin$120
*Sports Parlays$120

Reward Levels

LevelTier Points RequiredRedemption RateDaily % Cash Back on Losses
Starter Level02500/$15%
Rookie Level 12,5002,500/$15.50%
Rookie Level 25,0002,500/$16%
Rookie Level 310,0002,500/$16.50%
Pro Level 125,0001666/$17%
Pro Level 240,0001,666/7.50%
Pro Level 360,0001666/$18%
All-Star Level 1150,0001250/$18.50%
All-Star Level 2250,0001250/$19%
All-Star Level 3500,0001250/$19.50%
Legend Level 11,000,0001000/$110%
Legend Level 21,500,0001000/$111%
Legend Level 32,500,0001000/$112%
Hall of Fame5,000,0001000/$115%

Making Bets

It is easy to make bets using Bovada’s site.  It’s clean and simple with the available events listed on the left hand side.  You can switch from single bets to parlays, if bets, and teasers with tabs at the top of the screen.  You can also switch between full game, first half, halftime, and quarter lines.

bovada betting screen

Mobile Betting

One key to me liking Bovada is how easy the site is to use on your phone.  More and more bettors are relying on mobile options so they can get their wagers in on the go.  The mobile site does not disappoint one bit.  If you like betting on a mobile device this is one of the best sites out there for that.

CLICK HERE to sign up for a NEW account at Bovada

Maximum Bets

My one beef with them is with the betting limits.  Personally, I’m a bigger player and this site caters to smaller, recreational players.  They will let you get bets in for as little as $1.  But, the maximum bet they will take is $500 on college basketball, $1,000 in the NBA, and $2,000 for NFL or college football.

The lines are also a little slower to get posted than other recommended sportsbooks.  If you like to get your action in early, I would suggest Bookmaker.eu, 5Dimes, GTbets, SportsBettingWagerWeb.ag, MyBookie.ag, BetDSISportsBookOnline.ag or BetOnline Sportsbook.

Phone: 1-888-263-0000

Email: [email protected]

Open Since: 1994

Minimum Deposit: $20

Minimum Wager: $5 Online, $50 by phone

Deposit Methods: CC, Virtual Pin, eWalletXpress – for all other players: CC, Click2Pay, NETeller, Moneybookers, Paysafecard

Bonuses:  50% Cash Signup Bonus (up to $250), Reload Bonus and referral bonus