Bovada Sportsbook Online Betting Review & Rating
Jimmy Boyd in Sportsbooks
Bovada Online Betting Site Rating
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
How They Got Their Start
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
| Method | Min | Max | Fee |
|---|---|---|---|
 Bitcoin | $20 | $5,000 | Free |
 Credit Card | $20 | $1,000 | Free, then 5.9% |
Withdrawals
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| Bitcoin | $10 | $9,500 | 1-15 minutes | Free |
 Check by Courier | $100 | $3,000 | 10-15 business days | Free |
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 At this time both bonus offers require a 5x rollover before they can be withdrawn.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 Deposit | Bonus |
|---|---|
| $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 Deposit | Bonus |
|---|---|
| $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 Type | Wager Amount | Rewards points per dollar in handle |
|---|---|---|
| Video Poker | $1 | 1 |
| Table Game | $1 | 1 |
| Single deck blackjack | $1 | 1 |
| Double deck blackjack | $1 | 1 |
| Blackjack | $1 | 1 |
| Slot Game | $1 | 5 |
| Specialty games | $1 | 15 |
| *Sports Singles | $1 | 10 |
| *Sports Teasers | $1 | 15 |
| *Sports Round Robin | $1 | 20 |
| *Sports Parlays | $1 | 20 |
Reward Levels
| Level | Tier Points Required | Redemption Rate | Daily % Cash Back on Losses |
|---|---|---|---|
| Starter Level | 0 | 2500/$1 | 5% |
| Rookie Level 1 | 2,500 | 2,500/$1 | 5.50% |
| Rookie Level 2 | 5,000 | 2,500/$1 | 6% |
| Rookie Level 3 | 10,000 | 2,500/$1 | 6.50% |
| Pro Level 1 | 25,000 | 1666/$1 | 7% |
| Pro Level 2 | 40,000 | 1,666/ | 7.50% |
| Pro Level 3 | 60,000 | 1666/$1 | 8% |
| All-Star Level 1 | 150,000 | 1250/$1 | 8.50% |
| All-Star Level 2 | 250,000 | 1250/$1 | 9% |
| All-Star Level 3 | 500,000 | 1250/$1 | 9.50% |
| Legend Level 1 | 1,000,000 | 1000/$1 | 10% |
| Legend Level 2 | 1,500,000 | 1000/$1 | 11% |
| Legend Level 3 | 2,500,000 | 1000/$1 | 12% |
| Hall of Fame | 5,000,000 | 1000/$1 | 15% |
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.
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.
Phone: 1-888-263-0000
Email: service@bovada.lv
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