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Bovada.lv Betting Review

Bet on US and International Sports with the Bovada Sportsbook and Racebook

Bovada have been welcoming bets from US players since 2011. Their history goes back further than this, as the brand were spun off from the popular Bodog. This site offers a depth of lines, teasers and parlays that other offshore sports books can’t match. Add to this easy deposits and withdrawals, and a reputation for fast pay outs – and you’ll see why Bovada are the go-to site for sports bettors.

Here are some of the main highlights to betting at Bovada:

  • $250 welcome bonus, a 50% match with an easy 5x wagering requirement.
  • Bigger bonus deals for bettors depositing with Bitcoin.
  • Big choice of bets on popular US sports, with plenty of teasers and novelty lines, especially when big events roll around.
  • Full list of international sports betting options and minor league / College lines
  • Live betting options covering games which are already underway.
  • Comprehensive Racebook with separate welcome bonus deal and cashback.

This review looks at the Bovada sportsbook in depth. Below you will find information on what to expect from the different markets, and the huge variety of lines available. First below is a deep dive into the welcome bonus deal, followed by the ongoing rewards. After that the software is covered, before those all-important betting markets. How to easily deposit and withdraw from Bovada is examined at the end of this page.

Bovada Sportsbook Welcome Deal

Unlike the casino and poker bonuses, sports bettors have a straightforward deal. This is a 50% match on your first deposit, up to $250.

If you use Bitcoin for your first deposit, this offer is doubled, with the 50% match having a $500 maximum. Click here to get started at Bovada!

You will be credited the bonus within 30 minutes of depositing – and can bet with it right away. There is a 5x wager-through requirement. Withdrawing before you meet this will end the bonus.

Wager-through is calculated as either your bet amount, or your risk, whichever is lower. This means that if you bet on super-strong favourites, the risk amount will be used to calculate your wagering. If you lose the bet, then the amount bet is used for the total.

You can use casino games (30x betting requirement, with weightings) or bet on horses (same 5x amount) with this bonus cash.

Rewards for Regulars at the Bovada Sportsbook

Bovada have a strong reputation for looking after their regular bettors. There are two ways they go about this. First, a lot of one-off promotions – usually timed for major sporting events. Second, Bovada rewards. This is a tiered loyalty scheme, which offers cash rewards in exchange for points you accumulate while betting.

You will move up levels based on the total points you collect. This will unlock even better rewards, reload bonuses and offers.

How many points you collect depends on what type of bets you make. There is a huge range. Single bets earn 3 points per dollar wagered. At the other extreme, exotic / multiple horse-racing bets can earn up to 60 points. You will find the full list on the ‘Rewards’ page of the Bovada website.

Bovada Sports Betting Website

The darker black / red theme has recently been replaced with a smart light look. This design responds perfectly to the size of your screen. If you are betting via your mobile phone, the big navigation icons will line up vertically – instead of in a line across your screen.

Bovada obviously know their core audience, with Baseball, Basketball and Football the first sports you’ll come across after the live games icon. Soccer, Tennis and Golf get their own space on this main navigation bar. There is an A-Z on the right, which takes you to a page with a lot more options.

Betting could not be easier with this new design. You find the line you want to take, click on this, and it moves to your bet slip on the right-hand side. This can be reversed with single click if you choose the wrong one. Next, enter the amount to risk, and you will see the line update with your risk / reward. This becomes a ‘pending wager’. When your betting is complete, go back to your bet slip and click ‘Place Bets’ to complete.

Depth of Betting Markets at Bovada Sports

Each sport get’s two pull-down menus, which you will use to find the game or lines needed.

For example, Major League Baseball lists the next games when you first see the page. You can refine this by league (including Japan), or by the type of bet. The other menu shows the different lines. Here you will find singles, 5-innings, innings, totals and futures. There are also teasers- in this market whether there will be a run in the first inning, and errors are covered.

Football follows the same format. You will find season long / futures bets, and a lot of leagues and props. These include NCAA football. As well as game lines, quarters and halves, you’ll find totals futures. When the games get going, there are plenty of teasers / prop bets too.

Other sports follow a similar format. It is the combination of sharp lines and depth of betting which keeps players coming back to the Bovada sportsbook.

Bovada Sportsbook Review: Markets Covered

In addition to the big US sports, golf and tennis. There is a depth of markets which you will not find at smaller brands. You can bet on UFC / MMA events at Bovada, wager on soccer, hockey, cricket or even snooker.

I recommend you check out the ‘A-Z’ of lines via the icon on the right of the homepage, this is an impressive list.

Live betting has a separate area, and lets you bet in real time on events in progress. While some people use this to add interest while enjoying a game – it also has a place in hedging existing bets.

Betting on Horses

The Bovada Racebook has a separate main menu, which simply says ‘Horses’. This takes you to a screen where you will see the main tracks as separate icons at the top. These are Arlington Park, Del Mar, Gulfstream Park and Monmouth. There is a separate icon for the latest / upcoming races, and one to list all the tracks covered.

You’ll have a big choice of singles, parlays and exotic bets on the horses – with some futures bets also available (Triple Crown and so on). It is also possible to bet on the major courses from outside of the US.

How to Deposit and Withdraw from Bovada Sportsbook

A brand does not become as big and popular as Bovada without easy payment options. There are many ways to get your money onboard. I have listed these below, with withdrawal methods after that.

  • Credit Cards: This is the go-to method for most players. Visa and MasterCard are both accepted. Your card will need to be able to make foreign purchases (Bovada are based in the Caribbean). Sometimes your bank will block these transactions. If this happens, then chat with the support team at Bovada. These people are very experienced with helping you get that money onboard.
  • Prepaid Visa Cards: If your own card does not come through, then a prepaid card is a simple solution. You can buy these in your local convenience store or even a gas station. Again, speak with the Bovada support team. They will tell you which brands are working.
  • Bitcoin: The leading cryptocurrency has become mainstream and is used for millions of regular financial transactions every day. This is fast and cheap to use for both betting deposits and withdrawals. You do not need to hold Bitcoin for long, since Bovada exchanges these transactions into dollars. There is a tutorial available on the Bovada.lv website.
  • Money Transfer: While you can use local offices of Western Union or MoneyGram to wire cash, this is expensive (especially for smaller amounts). You will send to an individual, rather than Bovada directly.
  • Bank Wire: This is more difficult, as US banks will try to block gambling transactions. For very large deposits, speak to Bovada!

Getting your money back out again might surprise some bettors. The primary method is via a paper check. Bovada will send one by courier to your door every month for free. If you want more than one, you’ll need to pay a small admin fee. US banks will accept these checks.

If you used Bitcoin to deposit, then this is by far the fastest way to withdraw. If you do not want to hold Bitcoin, you can swap it for dollars quickly using an exchange. Wires and money transfers can also be used for withdrawing your winnings.

Wrapping Up: Bovada Sportsbook and Racebook – Premier Site for Bettors

This is one of the most popular sites for US sports bettors. Bovada have a great reputation and have been looking after US customers for a long time, both as Bovada and Bodog. The welcome bonuses are simple, with double the usual $250 offer for Bitcoin deposits. Once this is cleared, you’ll get regular cash back and offers via the tiered Bovada Rewards system.

Not only does Bovada cover a wide range of markets, the bets within those markets cover every possibility. With live betting, parlays, props and futures bet on all the big US and International sports – you’ll never be searching for the right line for long.

Check out www.bovada.lv for yourself – and see what makes this such a popular brand.
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