Bovada Sportsbook ranks highly in a variety of aspects relating to online sports betting. Bovada caters to thousands of bettors, many of which are account holders from the United States. Bovada is an online sportsbook that allows American players to set up an account, as it is legal for them to do so. This is because Bovada is not a U.S.-based sportsbook, and there does not violate federal laws. It's one of the most popular sports betting sites in the world and for good reason.
One of the big reasons Bovada's online sportsbook is among the best is specific to payouts is due to the fact that sports betting sites that pay their account holders out winnings fast tend to get good marks on the stat sheet. Happy players continue to return, and Bovada has plenty of happy players. The main focus on this page is to highlight the sportsbook payouts available at this sportsbook along with other general aspects of the site.
Return to the Bovada website and paste your wallet address in the ‘ Your Wallet Address ’ field provided. Next, simply enter the amount you want to withdraw in USD. Once we've received your withdrawal request, expect to the funds to arrive in your Digital Wallet within approximately 24-48 hours. Western Union is the best way, but sometimes the fee's are a little high for a small cash out. The Bovada Casino and Sportsbook has accepted bitcoin since early 2016. And today it is the preferred way to deposit and withdraw. It’s fast, it’s easy and it is super low fee’s. Especially when compared to checks, bank wires and cash to WU options. Bovada Withdrawal Limits and Fees If you withdraw via Check by Courier, you can cash out from $100 up to $3,000 per week. If you have won more than that, you will be paid out in $3,000 increments every 7 business days. Every 90 days, you can request one withdrawal via Check by Courier with no fees charged. Unless your moving hundreds of thousands of dollars in BTC and doing it in the US, don't listen to all the bad stuff everyone says about coinbase. Transfer from Nitrogen to Electrum (or whatever wallet you use) and from Electrum to Coinbase. Then sell the coins on Coinbase and have the money deposited into your bank account.
How Long Do Bovada Payouts Take?
There are two processes involved in determining how long a Bovada payout takes. The first consideration is processing time. All online sportsbooks allot a certain window of time for requests to be approved and processed. It is important to take the processing speed into consideration when estimating how long it will take to receive your payout.
The second consideration is the actual delivery speed. This is the amount of time that it takes your Bovada payout to reach your account or doorstep after being processed. With both processing time and delivery speed considered, Bovada payouts do not take long to receive. While some sportsbooks can take over a month to deliver a payout, even the “slowest” withdrawal method at Bovada only takes about 2 weeks.
While there are not a wide variety of sportsbook withdrawal methods at Bovada, this is because they prefer to stick to the method that work. Currently, the two payout options are bitcoin and paper checks. This gives an option for those that prefer electronic payment delivery, and an option for those that prefer a more traditional method. Both of these withdrawal methods are ideal for American bettors because neither directly involves having to provide banking account information.
Bitcoin - The cryptocurrency has become one of the most popular online sportsbook withdrawal methods. Bitcoin transactions are 100% secure and it also comes with the highest withdrawal limit of any method.Read more about Bitcoin sportsbook payouts here.
- Min: $20
- Max: $9500
- Fees: NONE
- Timeframe: 1 – 15 minutes
Check By Courier - The oldest and most trusted withdrawal method across all American sports betting sites. The sportsbook will send a paper check that can be deposited directly into your bank account.
- Min: $50
- Max: $3000
- Fees: $50
- Timeframe: 10 – 15 business days
Bank Wire- Though bank wires are not one of the active methods for Bovada payouts, the sportsbook has offered them in the past. Your payout will be sent directly to the bank account that you specify to the online cashier.
- Min: Unspecified
- Max: Unspecified
- Fees: Varies by amount
- Timeframe: 7 – 15 business days
Person to Person- Bovada will occasionally allow bettors to collect their winnings via a person to person method. Person to Person transfers often include MoneyGram, Western Union, and other money transfer providers. The online cashier will send the money to their preferred provider, and you can pick it up from any retail location. The maximum withdrawal amount is typically no more than a couple hundred dollars, but can vary.
- Min: Unspecified
- Max: Unspecified
- Fees: Up to $100
- Timeframe: 3 – 5 business days
Bovada Payout Fees
The Bovada payout fees do vary with the method and are subject to change. The perk of using Bovada is that you can take advantage of one free payout per month - that means that $50 charge for check withdrawals is out the window! Pick a pair poker. If you plan your Bovada payouts accordingly, you can request withdrawals without ever having to pay extra fees. Bovada is also subject to adding or changing the available sportsbook withdrawal options, meaning this discount could be used on other methods that may be introduced in the future.
How Often Can Bovada Users Receive Sportsbook Payouts?
How often a Bovada user can receive a sportsbook payout depends on the particular method that they choose. The current options for Bovada payouts are bitcoin and check by courier. You can request a BTC payout once every five days, while checks can be requested once every seven days. With these timeframes in place, it is important to consider how much and how often you will need to make withdrawals before initiating a request.
Other Stuff You Need To Know About Bovada's Sportsbook
Bovada Sportsbook is not just highly thought of because of the payout options. This betting site makes it easy for players to join, offers some great incentives, and of course features a wide variety of betting lines for players to take advantage of.
How To Join - The Bovada Sign Up Process
The process to create an account at Bovada is about as easy as any sign up process can be. All that is required is some information on the 'Join Now' page such as name, address, state of residence, date of birth, and a new login to be created to store your account information in. There is no cost associated with joining Bovada nor is there any monthly or annual fee for holding the account.
Are U.S.A. Players Allowed To Bet At Bovada?
USA players are welcome to create accounts at Bovada. There are a few stipulations to be aware of though. This is specific to four states, in Delaware, Maryland, New Jersey, and Nevada. New Bovada accounts are not accepted from there states. Residents In all other states are able to sign up at Bovada and join. Bovada is a legal sports betting option for American players to utilize.
Bovada Deposit Methods - How To get Money Into Your Account
Depositing is equally as important as making a withdrawal. Users will notice some similarities between the funding and pay out methods on site. This is specific to the two rapid transfers in Western Union and MoneyGram. Both are accepted methods. But the most popular method to make a deposit is the Visa card option. Visa credit, debit, prepaid, and gift cards are all accepted at Bovada.
Play boy games online. Deposit methods are instantly funded into your Bovada account upon receipt. Visa deposits are instant transfers, while a rapid transfer could take a couple hours to be received by Bovada customer service.
Bovada Sports Betting Bonuses & Requirements - Deposit + Reload Bonuses
This sports betting website offers new users a free bet up to $250 when they join Bovada and make that first deposit into their account. This is a 50 percent addition to the initial deposit so a $500 deposit would be needed in order to obtain the maximum $250 in free play that is available.
There is a 3X rollover requirement for the sportsbook, which means that the deposit amount plus the free bet amount will need to be played three times to be taken out. The free bet option is good for 30 days after your first bet is made. Only U.S. bettors are eligible to receive the free bet bonus option.
What Does Bovada Offer To Bet On?
Bovada has sports bettors feeling like a kid in a candy shop with the different sports and wager types that can be bet here. The crop of sports that is available includes all of the leagues that are in the United States - both professional and collegiate can be wagered on. This is highlighted by the NFL and college football sections, the two most popular on site. But the NBA and MLB sections get plenty of play. That is certainly not all, as we recommend you visit Bovada to see all that is offered.
From the perspective of what wagers can be made, Bovada doesn't want to limit their players and offers some great bets. Certainly this will be led by straight wagers, but other bets like a parlay, teaser, and pleaser can be wagered as well. Parlays are the second-most popular wager made on site, to the straight bet.
Bovada Sportsbook Support - How To Contact
Bovada offers a general support phone number for sportsbook questions, which is 1-888-263-0000. Outside of that, fill out an online contact form that can be found on the 'Contact Us' page on the home screen by clicking the link. Bovada is there to answer any and all questions or concerns for prospective players and current players.
Bovada is truly one of the best sportsbooks that you can go with. From the moment the account is created, through the payout process, it is first rate. Bovada's users can expect to have their payouts very quickly, regardless of the method chosen. Players are very satisfied, which is why Bovada is one of the most popular sports betting sites in the world.
How Many Payout Options Does Bovada Offer?
There are currently two options for Bovada payouts, both of which are reliable. You can choose between bitcoin or check by courier depending on your personal preference. Bovada does update their banking options periodically, so additional methods may be offered in the future.
Can I Use Paypal For Payouts?
You cannot use PayPal for Bovada payouts due to certain conditions. PayPal has a strict policy against their services being used for any type of gambling, including online sports betting. That is why Bovada offers other withdrawal methods, with bitcoin being the most similar. Just like PayPal, the digital bitcoin currency makes it easy to send and receive funds.
Does Bovada Charge A Fee For Payouts?
Bovada does charge a fee for certain payout methods, such as paper checks. To help cut costs for players, Bovada does offer a one free payout per month program where bettors can cash out without fees. If you play your cards right and stick to one payout per month, you can avoid paying fees altogether. You can always verify fees on the “Withdraw” page of your account.
What Is The Withdrawal Limit At Bovada? New usa online casinos 2017.
The withdrawal limits at Bovada correspond to the particular payout method. With Bovada check withdrawals, the minimum is $50 while the maximum is $3,000. Bovada bitcoin payouts have a $20 minimum and a $9,500 maximum. When you initiate your withdrawal from your dashboard, the cashier will also provide you with your limits.
Do I Have To Validate My Info Before Withdrawing?
Yes, you will need to validate your account information before a withdrawal is processed. This is not only to make sure that your funds are sent to the correct location, but also to protect your account. Bovada prides itself on 100% secure banking transactions, and validating your information helps to keep your account safe.
Do I have To Use The Same Method For A Payout That I Used To Deposit?
Generally, your withdrawal will be processed in the same method that your deposit was made. There are exceptions, such as when your deposit is made with a credit card or other option unavailable for withdrawal. In these instances, you can speak to customer service via live chat or telephone to verify your withdrawal options.
If I Want To Use My Winnings To Play Blackjack Instead Of Getting A Payout, Can I?
Yes, you can absolutely use your winnings to play blackjack at Bovada. The site is a one-stop-shop for gaming, and you can easily take your Bovada payouts to the blackjack table and vice versa. All of this can be done with the same account, making it easy to switch between the casino, sportsbook, or even the racebook.
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The strict online gambling regulations in the USA make the life of local players tough.
Fortunately, there are some gambling sites on the internet that are safe and accept US customers.
One of the best of them is Bovada. Among the many reasons I like the site so much is the opportunity to use cryptocurrencies and Bitcoin, in particular.
This is one of the fastest and most reliable payment options for US players. If you haven’t tried it before, I think you should give it a shot.
This post will help you learn more about depositing at Bovada with Bitcoin and the exclusive BTC bonus for new customers.
Also, I will share some recommended wallets for crypto and look at other US betting sites that accept Bitcoin.
Let’s start with a simple explanation of how to join Bovada and make a deposit with Bitcoin.
If you don’t have an account with Bovada, the first step would be to join the site. Please click here to get started. Orread our Bovada review if you want to know about the site first.
Once you’re on the site, you can start the registration process via one of the many “Join” and “Join Now” buttons on the home page.
You will be required to fill in some personal information like your name, address, email, country of residence, and similar. You also need to pick a password that you will later use to log in.Make sure to make it complicated so that no one can guess it.
The first thing that will happen after you open a new account is that Bovada will ask you to pick a 4-digit PIN that will be used to verify you later on when you decide to request a withdrawal.Make sure to remember the one you fill in.
Once you’re done, it’s time to visit the deposit section. You can do that by clicking on your balance in the top right corner of the screen. A huge “Deposit” button will appear, and it leads youto a screen where you can pick the payment provider you wish.
Bitcoin is on top of the list, so click on it. The next step is to get the Bitcoin address generated by Bovada and send BTC from your own wallet. If you don’t have one, I will share a couple ofrecommendations for a reliable option later in this post.
Within a minute after you send the money, it will appear in your Bovada account. You shouldn’t forget to take full advantage of the $5,000 Bitcoin bonus of the gambling site.
The biggest welcome bonus of Bovada is for Bitcoin users. You can get up to $5,000 in free cash on your first four BTC deposits.
Bovada will give you a 50% first deposit bonus of up to $500 when you add funds with Bitcoin for the first time. This means that a deposit of $1,000 will be enough for you to claim the fullamount.
There are certain terms and conditions you should be aware of. The Bitcoin bonus is available for the Bovada sportsbook, racebook, and casino. You can’t use it on the poker tables.
You need to wager the bonus 5 times in the sportsbook or the racebook. If you decide to use it in the Bovada Casino, you have to wager the Bitcoin bonus 30 times.
If you request a withdrawal before meeting the wagering requirements, you will lose the Bovada bonus.
Three 100% Bovada Bitcoin Casino Bonuses of up to $1,500 each
If you are a casino player, you can have another three Bitcoin Bovada bonuses. Each of them is worth 100% of your deposit of up to $1,500 and can’t be used in any of the other sections of Bovada.
The following terms and conditions apply.
- Only deposits of $1,000 or more qualify for the Bovada Casino Bitcoin bonuses
- You need to wager every bonus 25 times prior to withdrawal
- Only slots and specialty games contribute 100% of the stakes placed towards the wagering requirements. Bets on products from other categories count for up to 20% of the value
- Bets on live dealer games and craps don’t count towards the wagering requirements
- If you request a withdrawal before clearing a bonus, you lose it, as well as the winnings from it
If you are not entirely sure if you should use Bitcoin for betting online, you should learn the advantages and disadvantages of the cryptocurrency. Let’s start with the positive sides.
Using Bitcoin is one of the fastest ways to withdraw your money from almost every betting site on the internet, and Bovada is not an exception. You can get your cash within 48 hours most of thetime, which is superb, especially for the USA.
Compare that to the 3-14 business days required for most of the other popular options, and you will see what I mean. If you want fast payouts, Bitcoin can certainly deliver.
Some of the banking methods available at Bovada come with fees. That’s not the case with Bitcoin.
The gambling site covers all the fees for the transactions, so both the deposits and withdrawals are free for the users.
There’s no full anonymity, but Bitcoin allows many options for more privacy in comparison to other payment providers.
The decentralized nature of the cryptocurrency means that every transaction remains in the blockchain, but there are no institutions like banks and governments that keep a detailed record ofevery person.
While I see Bitcoin as a mostly positive experience, there are certain downsides of using the cryptocurrency.
The exchange rate of Bitcoin is constantly going up and down. While you could control that to an extent by using wallets that support fiat currencies too, you can’t completely nullify thevolatility.
For example, you may place a bet, win it, and still lose value because the price of Bitcoin has dropped in the meantime.
On the bright side, the opposite could happen, too. You might actually end up winning way more thanks to the nature of the currency.
While Bitcoin is no longer some shady concept that is unknown to the masses, it’s still a bit complicated for most users. Understanding how everything works might be difficult for a lot ofpeople, so it would take time and energy to learn how to operate with Bitcoin.
The good news is that some of the wallets I recommend in the next section are among the easiest to use out there. If you think that would be important for you, make sure to check them out.
Recommended Wallets for Depositing Bitcoin at Bovada
Some of you probably already have a wallet for Bitcoin, so you don’t really need help in this regard. Others might just be entering the world of crypto, so it would be a good idea to receive sometips first. I will share a couple of reliable wallets but also explain how I selected them.
This will help you find one on your own if you prefer to conduct separate research.
Let’s start with some general advice for picking a Bitcoin wallet for gambling purposes. I always explore the following aspects of any service.
- Safety
- You should always pick companies that can be trusted. The safety of your money is the top priority of the selection process, so make sure to check the reputation of each wallet and theexact way the information is stored and protected
- User experience
- One of the downsides of using crypto is that it’s not exactly a piece of cake for beginners. Fortunately, most wallets nowadays are much easier to use compared to a couple of years ago
- Country
- Using Bitcoin for gambling purposes from the USA could be an issue. If the wallet you are using is owned by a company in the US, it might be monitoring your activities. A lot of peoplehad their wallets shut for that reason. There are plenty of legit wallets based in countries where crypto is a grey area. I recommend that you stick to them, and there will be no issues
- Fiat currencies
- One of the biggest downsides of using Bitcoin for gambling purposes is the high variance in the price. It goes up and down constantly. If you want to avoid big losses, you should pick awallet that lets you keep your money in a fiat currency like US dollar or euro. That way, you won’t care what’s going on with the price of Bitcoin
If you want to learn more details about the different types of wallets, I recommend that you visit the page below. It features plenty of useful information on the topic.
What Types of Bitcoin Wallets Are Available?
Before I move on to my actual recommended Bitcoin wallets for betting, I would like to share a couple of words about the different types you could get. They all have their advantages anddisadvantages.
- Web wallets
- As the name suggests, you can go to the internet and find various sites that offer such a service. Some have a cloud-based platform, while others are basically exchanges that includewallets to their service. They are easy to use and require less time, but the security level is lower compared to some of the other options
- Desktop wallets
- Another solution would be to download a desktop wallet. You simply need to install additional software to your computer. While people believe this is a safer approach compared to webwallets, you need to secure your computer well if you pick a desktop wallet
- Mobile wallets
- You could also use a mobile app that would serve as your wallet. The logic is similar to desktop wallets, but this time, you add the software to your phone or tablet instead of yourcomputer
- Hardware wallets
- The most secure way to store Bitcoins and other crypto would be to use a hardware wallet. That’s an external device that holds all of the information offline. You can connect the deviceto a computer when you need to move your money, but that’s it. The extra security comes at a cost, though, as the hardware wallets are the most expensive and rather hard to use
My recommendation to beginners would be to try one of the first three types of wallets first. If you like Bitcoin and you decide to invest more for some reason, explore the hardware options.
I will share my top choice for each group above, though, so it’s up to you. All of the recommended Bitcoin wallets can be used to deposit and withdraw from Bovada and other online bookmakers thataccept Bitcoin.
Let’s start with my recommended web Bitcoin wallet for gambling purposes. A lot of people think Coinbase is the place, but not for US players. You will most likely get your wallet closed, as thecompany is based and regulated in the USA.
Instead, you could give GreenAddress.it a shot. The platform is easy to use and has a flawless reputation. It’s one of the best for beginners out there, and there are some extra layers ofsecurity such as two-factor authentication options, the option for a hardware wallet, and others.
If you are looking for a solution that’s easy, safe, free, and fast, GreenAdress.it is a solid choice.
I was a bit torn on which desktop wallet to recommend, but Electrum gets the nod. It’s one of the safest desktop wallets thanks to some excellent encryptions and other measures designed toprotect your money. For instance, you can use a second computer that stays offline as storage.
At the same time, Electrum is completely free and one of the easiest desktop Bitcoin wallets to use. Even people with no experience with crypto should be able to quickly learn how to comfortablyhandle the software.
The good news is that Electrum is also available on iOS and Android. Feel free to visit the website of the wallet and learn more foryourself.
There are plenty of options on mobile, but I like Mycelium the most. That’s one of the earliest mobile wallets for Bitcoin out there. Initially, it was only available on Android, but you can nowuse it on iOS too.
Mycelium offers multiple features that provide security to your account. A good example is the “Watch Only” mode that allows you to view all activities while the transactions are disabled.
One of the downsides of Mycelium is the outdated design, but the user experience is still decent, and the app is certainly among the best mobile Bitcoin wallets on the market.
You can see the download options here.
The undisputed leader among hardware Bitcoin wallets is Trezor.io. If you want the best and most secure option on the market, that’s it. You can buy the device from various places, includingAmazon. It’s the only paid option on my list, but it’s worth the $70-80 you have to spend.
The Trezor.io device can be connected to Windows, Linux, iOS, and Android, so you can use it with pretty much every mainstream OS out there.
Another advantage is the encryptions implemented by Trezor.io that make sure your password is secure. You can easily restore your money if something happens, too, so this is the full package.
Best Way To Withdraw Money From Bovada
If you want one, Amazon is one of the places you can get it.
Other Betting Sites That Offer Bitcoin to US Players
Bovada is my top choice for a betting site that works with Bitcoin and accepts US players, but there are other trusted sportsbooks that do the same.
Best Way To Withdraw Money From Bovada
All of them offer a reliable service and a bunch of gambling products, including a sportsbook, a casino, and a racecard for horses.
If you have never tried Bitcoin for sports betting and you are in the USA, you are missing out. The cryptocurrency provides a reliable and fast way to gamble online.
Bovada Withdrawal Rules
I would recommend you to at least give it a try. Bovada is probably your best option, but the other gambling sites mentioned here would be an excellent choice too.