Welcome to our in-depth review of the levels of safety and security can you expect to receive at the Bovada sportsbook.
- Reasonable rollover requirements
- Quick payouts
- Very busy poker room
- Excellent sports betting platform
- Strong loyalty program
- Does not have a license
- Narrow choice of deposit options
Safety should be always your foremost priority when choosing an online sports betting site. You should look for a site that is fully licensed and regulated, with a strong history of providing fast and secure payments. This Bovada safety review will shine a light on the steps that Bovada has taken to keep customers safe, and its general track record when it comes to reliability and security.
What is Bovada?
Bovada was created as a spin-off from popular sports betting site Bodog back in 2011. At that point, US customers were migrated to the Bovada site, while players in the rest of the world continued using Bodog. The name is a portmanteau of Bodog and Nevada.
The site is hosted in the Baltic nation of Latvia, but its .lv domain pays homage to Las Vegas, the sports betting capital of America. Bovada was previously based in Quebec, Canada, but it now operates out of Costa Rica. The site has attracted millions of US customers by offering safe and reliable payouts, more betting markets than its competitors, high-quality odds and a superb overall sports betting experience.
Is Bovada a Legit Betting Site?
Bovada is a legitimate online betting site that has an extremely large customer base in the United States. It is perfectly legal for American sports fans to sign up for an account, deposit money and bet on the huge range of sporting events featured on the site. The most important consideration for players is getting paid out when they win, and Bovada has an exceptionally good track record in this regard.
It would not have earned its exalted status as one of the largest and most popular betting sites among US bettors if it did not offer reliable payouts on a regular basis. It has a thorough terms and conditions section, and it fully adheres to all of those T&Cs. All the leading industry watchdogs have given Bovada top marks for trustworthiness and reliability, so you can be assured that this is a legit betting site.
Is Bovada a Safe Betting Site?
The Bovada sports betting and casino site is safeguarded by a powerful Secure Socket Layer, which encrypts the link between the web server and the browser. This ensures the security of all your personal and financial details at all times. The site does not contain any malware, and it has never put customers at risk of identity theft or viruses.
Bovada has an established history, a solid base of bettors and a sterling reputation in the industry. It is known for always treating customers fairly, and you can absolutely rest assured that it is a safe wagering website.
What Deposit Options Does Bovada Provide?
Bovada customers can choose from Visa, MasterCard, Bitcoin, Bitcoin Cash, direct bank transfer and MatchPay as deposit options. All deposits are instant and free, but they come with different limits. Bovada is a really popular sportsbook for casual bettors across America, and it caters to most budgets, but the relatively low maximum limits may not appeal to high rollers.
You can deposit $20 to $1,500 using a credit card, or $10 to $5,000 via crypto, while direct bank transfers can be arranged from $50 to $450. The minimum with MatchPay is $20, and the maximum is $1,000. That should suit the majority of sports bettors, but players with large bankrolls might prefer BetOnline and BetUS, which offer maximum crypto deposits of $50,000 to $100,000.
Another option at Bovada is to make a player transfer. This involves moving funds from one player’s Bovada account to another. You can transfer anywhere from $10 to $15,000 via this method, and it is mainly used to pay friends and family.
How Are Withdrawals Processed at Bovada?
Simply visit the cashier section at Bovada, click “Withdraw” and select your preferred withdrawal method. Enter the amount you would like to withdraw and click “Request Withdrawal”. Bovada is a very popular site and it receives a large number of withdrawal requests each day, so it can take up to 48 hours for your request to be reviewed.
Withdrawals start at $10 if you use Bitcoin or Bitcoin Cash, and they are unlimited. You can make one free crypto withdrawal every three days, and this is the quickest withdrawal method. You can request one check by courier per week, with limits of $100 to $3,000, but you have to pay $100 to receive a check. Alternatively, Bovada can send you an unlimited number of vouchers for $10 to $3,000, or you can make two MatchPay requests from $20 to $1,000 per day. Voucher withdrawals are also free.
We tested out the deposit and withdrawal process at Bovada, and we can confirm that banking with the site is totally safe and secure. We used multiple methods, and the money always arrived in our account quickly and without any issues. We also received quick, reliable payouts in crypto and vouchers, so we can vouch for the safety of the banking process at Bovada.
What Bonuses Does Bovada Offer?
Bovada will give you a 75% match deposit bonus worth up to $750 when you register for an account. This welcome bonus is only available if you use Bitcoin or Bitcoin Cash when making your initial deposit. Transfer $1,000 of your money into an account, use the promo code BTCSWB750, and you will receive $750.
You do not have to deposit $1,000 if that is beyond your means. You could deposit $100 and receive $75 in free bet credits, or deposit $500 and receive $375. This bonus is not as large the bonuses on offer at some rival sites, but the rollover requirement is lower. You only have to roll this bonus over five times before you can withdraw it, whereas some sites impose rollover requirements of 12x or more.
If you are not a crypto fan, you can grab a 50% sports welcome bonus worth up to $250 using alternative deposit methods like Visa and MasterCard. Once again, there is a 5x rollover on this bonus. We signed up for the bonus and found it worked well. The bonus money arrived in our account within 30 minutes, and the 5x rollover requirement was upheld. You can also take a Bitcoin casino bonus worth up to $3,750 at Bovada, or a non-crypto casino bonus worth up to $3,000.
What Loyalty Bonuses Do Bovada Customers Receive?
Bovada sportsbook customers receive three loyalty points for every $1 wagered on sports singles, 15 points per $1 on teasers and 25 points per $1 on parlays and round robins. Your loyalty points continue to stack up, and eventually they can be exchanged for cash bonuses. Players that gain a number of points will progress from Rookie to Pro, then All-Star, Legend and finally Hall of Fame. The higher you climb, the better the redemption rate. Bovada also runs ongoing promotions and contests to keep customers happy.
What Sports Does Bovada Feature?
Bovada covers almost every sporting event in the world. All the big NFL, NBA, NCAAF, NCAAB, MLB and NHL games are featured, along with major soccer, tennis and golf tournaments. It also features obscure table tennis matches, competitive eating contests and beach volleyball showdowns.
The site even allows you to bet on youth leagues, amateur leagues and other niche competitions taking place on every continent, plus politics, entertainment, esports and numbers games. Fans of basketball, baseball and hockey will be interested to see Bovada taking bets on leagues all over Europe, Asia and South America along with the major professional and collegiate US leagues.
Does Bovada Provide Live Betting?
Bovada offers customers the opportunity to enjoy live betting on thousands of sporting events each week. That includes everything from big Monday night football games to volleyball in Kazakhstan. You should be presented with a multitude of in-play wagering opportunities on most events, including money lines, spreads, totals and props, with the odds moving rapidly in line with the action. It is perfectly safe and secure to bet live on sporting events at Bovada, and the actual live betting platform is expertly designed.
What Wagering Options are Available at Bovada?
Bovada is known to offer more wagering options on each game than most of its competitors. It often has more than 130 bets on football games, 100 bets on soccer matches and 80 bets on cricket matches, just to give you an idea of the level of detail the site provides. NFL, NBA, MLB and NHL fans will love the alternate lines and totals and the huge selection of player props and game props. It has a number of futures markets too, so Bovada customers are spoilt for choice.
What Special Features Does the Bovada Site Include?
Bovada runs a blog that teaches sports fans how to bet, previews upcoming games and provides useful analysis. Another great feature is the “Prop Builder” function, which allows you to compile your own bets within a particular game. It provides live streaming on big sporting events too, so you can watch the game unfold without having to leave the site. It is interesting to see live streaming of esports matches at Bovada, and the site is a really good option for anyone that likes wagering on pro gaming.
Does Bovada Have a Casino?
Bovada brings the excitement of the Las Vegas casino floor direct to your desktop or mobile device. The live dealer section hooks you up with real dealers inside dedicated studios, allowing you to play blackjack, roulette, baccarat and Super 6. Fans of more traditional online casino gaming can check out a range of virtual table games, including various craps, roulette, blackjack and poker games, plus more niche offerings.
There are lots of slots to choose from too, ranging from old-school video slots to the latest 3D slots from the biggest developers in the industry. Separate sections are dedicated to video poker and to speciality games such as bingo, keno and even sudoku. This is one of the safest online casinos in the world, and the list of games it features is great.
What are the Key Strengths of Bovada?
Bovada has really found its niche among casual American sports fans that value choice, great bonuses and a simple wagering platform. The site covers almost every sporting event kicking off across the globe, and it provides lots of wagering options on most of these games – both pre-game and live. The interface is simple to use, but the software is clearly of a high quality.
The site has an excellent reputation for fast payouts, and the customer service is also on point, with live chat, phone and email all on offer. Yet the main reason you visited this site is to find a safe and secure site, and Bovada certainly ticks that box. It provides many safe payouts each day, and we always received our money quickly and easily when we reviewed Bovada.
What are the Weaknesses of Bovada?
The majority of bettors will find no real weaknesses in Bovada. High rollers might be put off by the upper deposit limit of $5,000, and anyone that does not like using crypto will be disappointed to receive a lower bonus, but otherwise it is an excellent sports betting site, with a great online casino, live dealer section, poker room and racebook.
Is Bovada a Reliable Online Sportsbook?
Bovada is a reliable online sportsbook with a faultless record of providing quick, secure payouts via a range of different methods. It will keep your details and your account balance safe at all times, so you can simply focus on picking winners. There are a number of disreputable, untrustworthy sites targeting US players, but Bovada is definitely not one of them. This is an industry leader, alongside the likes of Sportbetting.ag and BetUS, and it is not hard to see why Bovada has so many more customers than 99% of online sportsbooks.