Bovada Sportsbook Review
- Country availability – USA
- Deposit Methods – Visa, Mastercard, American Express, Bitcoin, Union Pay, Bitcoin Cash, Zelle, Voucher
- Device compatibility – Windows, Apple, Android
- Welcome bonus – $250 ($750 with Bitcoin)
- Min/Max deposit – $10/$5,000
- Payout speed – 15 minutes to 10 business days
- Available games – Football, basketball, baseball, hockey, soccer, motor sports, horse racing, UFC/MMA, entertainment, virtual sports, and more
Welcome to Bovada Sportsbook!
Bovada is one of the oldest online gambling companies on the Internet. Back in 1994, Canadian billionaire Calvin Ayre launched Bodog as a consultant for online operators. In 2001, Ayre launched Bodog as an online casino, poker site, and sportsbook.
When the UIGEA was passed in 2006, Calvin Ayre sold the brand to Morris Mowhawk Gaming Group (MMGG). MMGG eventually converted Bodog into the UK and Canadian side of the business, while launching Bovada as the US-facing online casino, bookmaker, and card room. Bovada has 25 years of experience in the online gambling industry.
Read more in our thorough Bovada sportsbook review, where you can learn about:
- Pros and Cons
- Welcome Bonus and Promotions
- Games To Bet On
- Banking Methods
- Mobile Sportsbook
- Security and Safety
- Customer Support
- Frequently Asked Questions
|Incredible selection of sports from around the world||Low deposit maximum amounts for credit cards|
|Mobile betting without time-consuming downloads||Check withdrawals could take up to 15 days to get to you|
|A full set of multiple betting options for larger payouts|
|Prop bets from sports, politics and entertainment|
The bonuses at the Bovada sportsbook are modest compared to poker and casino, but they are enough to get you off to a good start in making your sportsbook picks.
The sportsbook welcome bonus at Bovada is a deposit match bonus. You can receive a 50% match bonus on your first deposit, up to a maximum of $250. It might not sound like a lot, but it looks a lot better when you deposit $250 and walk away with $375 to start playing with.
Enhanced Bitcoin Welcome Bonus
Bitcoin is the currency to use if you really want a boost. Your match bonus for using Bitcoin to make your first deposit is 75% up to $750. Bovada is ahead of the curve when it comes to using cryptocurrency to make your deposit, but they also want to make it worth your while, and they succeed here.
The Bovada Rewards program allows players to receive points when they make bets, whether they win or lose. Those points can move you up the ladder, and as you do so, you will be rewarded with higher cashback rates, among other perks.
Refer A Friend
It pays to refer a friend to play at Bovada Sportsbook. If you tell a friend about them, and your friend makes a deposit, you will receive a 200% match bonus on whatever your friend deposited, up to $100. But of course, it gets better with Bitcoin. You will receive an extra $25 on top of that, and these referrals are unlimited.
It Works Throughout the Bovada Family, As Well
The Bovada Rewards program, as well as the Refer A Friend program, will also work with the casino and poker room offerings as well. Even though you might be a sports bettor, you might stumble upon your new favorite casino game through these bonuses.
When you first arrive at Bovada Sports, you’ll find on the main menu categories for football, basketball, hockey, soccer, tennis, golf, live betting, and “All Sports”. The site also has quick links along the left side of the page for NBA Game lines, College Basketball, NHL Game Lines, UEFA Champions League, UEFA Europa League, and the CONCACAF Champions League.
The middle of the sports homepage is dominated by live betting odds. Using a tool, you can spot live in-play bets grouped by American odds, fractional odds, or decimal odds. Bettors also can search for bets using an internal Bovada search engine. A tool on the right-hand side of the page shows your current betting slip and all the open bets you’ve have. A handy help section link is available underneath those tools.
If you scroll down the page, you can find the upcoming betting events under the title “Next Events”.
Bovada has the full list of sports betting options. Below is a list of the sports betting types available.
- Point Spreads: Weighted odds in which the favorite must cover the spread. Underdog bets win even if they lose by less than the spread.
- Moneylines: If you don’t like point spreads, make a moneyline wager on who wins the game outright. Favorites have the – symbols and underdogs have the + symbol.
- Totals: Also called an Over/Under bet, it is a wager on how many points or goals will be scored in a game, regardless of winner.
- Parlays: Three or more bets on separate events. To win a parlay, all bets must hit. Parlays tend to have high payouts.
- Teasers: You can combine your bets on two games. Bovada even allows you to adjust the point spread, but your payout will be smaller.
- Futures: Long term wagers, such as who will win a league title or a league MVP.
- Proposition Bets: Also called prop bets, these are wagers on stats or events during a sporting event.
- Entertainment Prop Bets: Prop bets on celebrities, scandals, or events in the entertainment industry.
- Political Prop Bets: Prop bets on politicians, elections, or political scandals.
- Live Betting: Live in-play sports betting apps allow wagering on dozens of prop bets during a game.
Sports bettors have five banking methods at Bovada Sports. The most popular are the major credit cards. Visa, Mastercard, and American Express are all accepted. If you don’t want to use your credit card, Visa and Mastercard gift cards are other popular methods. If you decide to use gift cards make sure they are eligible for online international purchases.
One thing to keep an eye on is the deposit fees Bovada charges. For the first deposit, there is no fee, but afterward, players are charged 5.9 percent when using Visa and MasterCard. Things get even worse for American Express users, who pay a 9.9 percent fee on all deposits after the initial. For that reason, the actual minimum deposit for credit cards is $20 plus the 5.9 percent or $21.80. Credit card deposits have a $500 max limit.
It is hard not to notice that Bovada is keen on Bitcoin. As noted above there are multiple bonus offers for Bitcoin users. In an additional perk, bitcoin users get their profits much faster and without the fees.
Not only will you get an enhanced welcome bonus, but when making withdrawals funds arrive in your account faster and there are no fees. And with cryptocurrency, there is an extra layer of privacy between the sportsbook and player.
Bovada is compatible with iPhone, Android and Windows users, but there is no app available in the App Store and Google Play Store for Bovada. No mobile app is required to make your Android smartphone or tablet computer, iPhone, or iPad compatible with Bovada. Because its instant play games open in the web browser, simply navigate to the site and begin making sports bets instantly.
As they do with the rest of their services, Bovada uses top-of-the-line encryption security with your personal transactions and financial details. They have been in the game long enough that they know players will leave if their security is not up to par. Therefore, they work had to ensure you do not have to worry about that.
If you have questions, you can click on Bovada’s Help Section to get answers to general questions. You’ll find separate FAQ sections on Sports, Poker, Casino, Bitcoin, Horses, Financial Questions, Bonus Questions, and the General FAQ. This should cover most inquiries that do not pertain to a specific case.
If you don’t see the answer in their FAQ section, fill in your query at the top of the page. If you still don’t get a link to the response. A series of customer service options will be available including email, Live Chat, community, and telephone.
The point spread is an equalizer for sportsbooks. In a lot of games, the actual winner is obvious heading into the game. So, sportsbooks create a point spread to make the chances of winning closer to 50/50.
The favorite in a game is listed as being minus (-) the point spread. And need to win by the point spread offered by the sports book to beat the spread.
The teams expected to lose the game is commonly referred to as the underdog. The bettor wins if this team wins the game outright or loses by less than the point spread. They are always listed as being plus (+) the point spread.
The team expected to win is always represented as a minus (-) and the underdog is always listed as a (+).