- Payout Rate: 98%
- Experience in the Industry
- Reliable Payouts
- All-Inclusive Gambling Experience
- Service Charges for Deposits
- Limited Bonus Structure
In today’s tough competitive market in the betting industry, finding a reliable source to bet various sports online can be not only tough but also stressful. Let’s face it, no one really wants to risk getting ripped off or getting scammed into losing a significant amount of money. This is why finding a reliable and reputable online sportsbook is so important!
In this article, we will highlight Bovada Sportsbook and provide you with an unbiased opinion on the website. We will provide you with the pro’s, the con’s, some bonus info and basically just cut out all the filler that some of these websites put into their website reviews to try to entice you to sign up.
Bovada is an online sports betting website that is owned and operated by Mohawk Morris Gaming Group (MMGG). MMGG is ran out of the Mohawk Territory of Kahnawake in Quebec, Canada, which is a Sovereign Indian Reservation that requires no financial reporting.
Simply put…Bovada makes it possible for gamblers to wager online in the United States of America, with the exception of two states Maryland and Washington. They offer sports betting, casino wagering, poker, horse racing and much more! Nearly everything you can play at a brick and mortar casino, you can play at Bovada!
History & Background
Bovada originally started as part of the Bodog website back in December 2011. Bovada was developed out of the company split from Bodog. If you search the internet, you will find several different reasons why Bodog and Bovada came to fruition and are now two separate companies, owned by the same owner, but the reality was Bovada was established to handle the US part of wagering for the company.
During the time of it’s inception, Bovada housed all internal US wagers, while Bodog housed all international wagers. At that same time, Bodog founder Calvin Ayre was indicted by US authorities for violating US Gaming Laws. The fact remains the only reason an indictment was handed down on Ayre was simply as a threat to keep him out of the United State of America. Due to the fact that he does not live in the US and operates a business outside of the US, authorities in the US basically had their hands tied with nothing more to do.
Bovada now operates in MMGG and is one of the most respected online sports wagering companies available to gamblers in the United State of America. Bovada is sometimes referred to as the backbone of US online wagering and has outlasted many other websites that have attempted to operate within the borders of the US!
Pros: Reasons to Bet at Bovada
As we said earlier, Bovada is one of the founders and original forms of online betting in the US. That means they have Experience in the Industry! They have the experience needed to run efficiently and offer you a professional wagering experience each and every time you place a bet. In this day and age, companies that aren’t reliable go out of business! It’s really that simple! With Bovada, they have been around since 2011 and are financially in a position where they are secure and sustainable!
Even during Bovada and Bodog legal days of the US attempting to seize assets, Bovada still always made good on their wagers and always paid out. At times, those payouts were delayed due to accessing the funds but the money was always paid out. Nowadays in current Bovada business, you can get your winnings faster from Bovada than you can from winning a state lottery! It truly is a wonderful part of the website and clients around the US cherish being able to get fast and secure withdraws in a timely manner!
Another reason we love Bovada is it is an all-inclusive Gambling Experience. Let’s face it, no one wants to have one website that they bet on football, another website that they play poker, another website that they wager on horses…we want to log on to one website and play everything under one place! At Bovada, you can do exactly that. They offer nearly every sport you can think of and all the amenities that come along with it.
Cons: Areas of Improvement for Bovada
One of the cons of using Bovada is the fact that there is a 5.9% additional charge for making deposits using Visa or MasterCard. People are complaining about this but the fact of the matter is a majority of businesses now days, that handle large amounts of money and that have a merchant system, charge a service fee for using a credit card. A simple solution to avoiding the additional fee is by using Bitcoin. There are no fees for Bitcoin deposits at Bovada.
Another negative that I find with Bovada is they have a limited bonus structure. With many of the other online sports books, they offer routine bonuses that make is beneficial to make deposits. With Bovada, they are very restrictive with their bonuses, mainly in part because they already have a very large following and don’t really need to throw free money out there to earn business. They would rather go off their reputation and long term sustainability.
Bovada Bonus Details
As we stated above, Bovada really doesn’t have the best bonus structure in the industry, instead they have a Bovada Bonus Rewards System, that pays you to play at Bovada. The way it works is you score points for betting on sports and playing in their casino. Those points can be cashed in, whenever you decide. Those points will get you a percentage of cash back on your losses and are progressive over time. Meaning you may only start out at 5% return on your losses at the starter level but once you reach Legend Level 1, you get back 10% of your losses, which over time can quickly add up!
They do offer a 100% welcome bonus up to $250.00 for signing up with a new account. Also, right now, they are offering up to $3,000 in welcome bonuses in their casino playing slots and classic casino games. It should be noted that there is a 25X playthrough requirement attached to this bonus before any withdrawal can be made.
- 100% Guaranteed Secure Deposits
- Human-Verified Bonuses
- Zero-Risk Betting with Industry-Grade Cyber Protection
One other bonus we would like to mention is a deposit bonus being made with Bitcoin will entitle you to a 50% match bonus in the sportsbook or a 150% match bonus in the casino.
Bovada Banking Options
Bovada offers two forms of deposits, Major Credit Card or Bitcoin. Bitcoin has made deposits to online sports wagering websites fast, easy and secure! Bitcoin, for those who don’t already know, is a form of digital currency and the best part about Bitcoin is there are no transaction fees associated with Bitcoin so those credit card charges that we spoke of earlier, don’t matter much with Bitcoin because there are none!
Bovada customer service is 2nd to none and available 24 hours a day 7 days week! There are numerous ways you can contact customer service. The most common way of contacting customer service is by calling 1-888-263-0000. A representative from Bovada will gladly answer the phone and help you out in a timely manner.
Another way to contact customer service, for non-urgent cases, is by simply sending them an email. You can send an email to [email protected]
Finally, one other thing to mention. On the Bovada website, they have a nice list of FAQ’s to help answer some common questions such as deposits, withdrawals, bonus questions and much more.
Public View of Bovada
For the most part, Bovada has a very good reputation, servicing thousands of accounts each year. In the past 5+ years, they have handled over 280 million wagers, which tells me they’re doing something right because otherwise people would venture away to other sports books.
Bovada has one of the better Twitter accounts in the online sports wagering industry. They are routinely posting various items related to sports news, gambling information and also they seem readily available with customer service from the Twitter account!
All in all, Bovada is and should always be one of the best online sportsbook available to US bettors. They have revolutionized the way we gamble by making a website clean and easy to use, and now with the addition of Bitcoin, makes it anonymous, safe and secure! We highly recommend opening a Bovada account, and taking advantage of the bonuses that we have previously mentioned.