Outlook Spotlight

Bovada Sportsbook Review 2023 (Betting Markets, $750 Bonus, & More)

If you’re thinking about joining a new betting site, check out our Bovada sportsbook review and find out everything it has in store.

bovada sportsbook review
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Bovada is often recommended as a high-quality online sports betting site. It’s found on many top lists online, with some hailing its reputation, others praising its bonuses, or a variety of markets – everything from NFL to horse racing and more.

During our Bovada sportsbook review, we found that it is a legitimate online betting site led by a team that’s been around since the ‘90s. Bovada is fully licensed, regulated, and SSL encrypted, so your safety is always guaranteed.

Whether it’s a suitable option for your online gambling needs - read on for our in-depth Bovada review!

Bovada Sportsbook Pros:

  • 30+ sports to bet on
  • $750 crypto welcome bonus
  • Decades-long experience
  • You can order custom bets via Twitter
  • On-site props builder

Bovada Sportsbook Cons:

  • Occasionally late betting lines

Best Bovada Sportsbook Bonuses Available Right Now:

  • Bovada Sportsbook Crypto Welcome Bonus: When using the bonus code BTCSWB750, Bovada will match your deposit at a 75% rate, going up to $750. You are required to deposit at least $20 to be eligible for the promotion and also have to meet the 5x wagering requirements.
  • Bovada Sportsbook Fiat Welcome Bonus: When using fiat currency, your first deposit is matched at a 50% rate, going up to $250 in bonus funds. 5x rollover requirements also apply, and you need to deposit $20 or more.
  • Refer a Friend Bonus: If you love gambling with your friends, Bovada might be a perfect option for you. Make your way to their website, refer your friends, and for every successful referral, you’ll be able to score a bonus of up to $200. Score $75 if they use crypto!

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Bovada Sportsbook Review: All the Best Features

Before we dive into our in-depth review, let’s cover some of the key points that make Bovada stand out from other betting sites available to online sports bettors in 2023.

  • 3 Dozen Sports Categories: Bovada sportsbook covers a broad spectrum of sports, including major leagues like the NFL, NBA, and MLB, as well as international events and lesser-known sports. This diversity ensures that there's something for everyone at Bovada.
  • $750 Crypto Welcome Bonus: Bovada rewards new users who make their first deposit using cryptocurrency with a generous welcome bonus of up to $750.
  • Low Wagering Requirements: The sportsbook maintains very friendly wagering requirements, set at just 5x the bonus amount. These lower requirements make it easier for players to meet the conditions and withdraw their bonus winnings.
  • Custom Bets Via Twitter: Bovada offers a unique feature where players can request custom bets via Twitter by using the hashtag #WhatsYaWager. This innovative approach allows for personalized wagering experiences tailored to individual preferences.
  • Wide Variety of eSports Betting Options: As the popularity of eSports continues to grow, Bovada stays ahead of the curve by offering an extensive selection of markets. Fans of competitive gaming can find numerous opportunities to place wagers on their favorite events and teams.
  • Supports Live Betting: Bovada supports live, in-play betting, allowing players to place bets as events unfold in real-time. This feature adds an extra layer of excitement and engagement to the sports betting experience.

Is Bovada Legit?

Yes, Bovada is a legit online sportsbook. It has been operating since 2011 and has built a strong reputation for ensuring the safety of its sports bettors.

With a variety of sports betting options, an excellent casino games section, and a dedicated poker room, Bovada is an excellent all-around gambling site. Bovada is also known for its user-friendly interface, secure transactions, and prompt payouts.

For maximum safety, the platform is SSL encrypted, which means that your data is kept safe at all times. In addition, it is licensed by Curacao eGaming.

Overall, Bovada has earned a positive reputation among players and industry experts alike, making it a reliable choice for those seeking a legitimate online sportsbook.

How to Sign Up at Bovada Sportsbook Online

Registering an online sports betting account at Bovada couldn’t be easier. Just follow these basic steps, and you’ll be placing your first sports bet in a matter of minutes.

1. Register Your Bovada Betting Account

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2. Account Verification

  • The betting site will send you a verification code via SMS.
  • Enter the code in the required field and log in.

3. Make Your First Deposit & Score the Welcome Bonus

  • Enter the Bovada cashier and set your payment method.
  • Fund your account with $20 or more. If using crypto, enter the promo code BTCSWB750 when prompted.
  • Claim your welcome bonus once the payment goes through.
  • Now you can start betting online at Bovada!

How Does Bovada Sportsbook Treat Its Customers?

Bovada treats its players with care and respect by focusing on customer service, fast withdrawals, an easy KYC process, and full-on support for responsible gambling.

Beyond the comprehensive sports betting library, we are looking at a 24/7 support team with an in-depth Help Center, available via live chat and email, plus a public forum that adds a layer of transparency by making past support inquiries available to all users.

The easy Know Your Customer (KYC) process at Bovada makes it simple for players to verify their accounts and comply with necessary regulations. This streamlined process demonstrates Bovada's commitment to maintaining a safe and secure betting environment while respecting the players' time.

Bovada is dedicated to promoting responsible online sports betting practices and offers support to players who may need assistance in managing their betting activities. This includes providing tools and resources to help players set limits, self-exclude, or seek further guidance and help if needed.

Bovada Sportsbook Review: Why Should You Bet on Sports Here?

When grading Bovada, we used the same ranking methodology we apply to any online sports betting site we review. It’s based on a strict set of benchmarks that allows us to easily assess the quality of online gambling offerings and compare it to other gambling websites.

Quality of Betting Markets and Odds: 4.9/5

The platform offers excellent betting options on a wide variety of sports, horseracing events, and even eSports, ensuring there's something for every bettor.

Bovada offers very competitive odds for games for highly-anticipated tournaments such as the Men's French Open 2023 tennis and Superbowl 58.

Bovada's focus on the horse racing market is quite impressive, too, with coverage spanning races across Australia, the UK, and the USA. Additionally, the platform offers Virtual Racing betting options for those interested in a unique betting experience.

In total, we are looking at over 30,000 markets at Bovada every single day. You can also take advantage of the on-site prop builder or even request a custom bet through Twitter. Just use the #WhatsYaWager hashtag, and you’re all set!

Bonuses and Promotions: 4.8/5

Bovada is well-known for its generous bonuses and promotions that cater to both new and existing customers. As a new customer, you can choose between two fantastic welcome bonuses depending on your preferred deposit method.

If you opt for a cryptocurrency deposit, such as Bitcoin or Litecoin, Bovada offers a 75% sign-up bonus worth up to $750 when you deposit $20 or more. To claim this bonus, enter the code BTCSWB750 when prompted. This promotion comes with 5x wagering requirements.

Bovada also rewards players who refer friends to the platform. By inviting a betting buddy to join using your referral link, you can receive a 200% match bonus after they make their first deposit. If your friend deposits using fiat currencies, you can earn up to $200. However, if they choose cryptocurrency, you'll get an additional $75.

Payment Methods and Payout Speed: 4.8/5

Bovada makes it easy for bettors to fund their accounts and cash out their winnings, offering a range of about 20 banking methods, including popular choices like credit cards and cryptocurrencies like Bitcoin and Litecoin.

The minimum deposit at Bovada ranges from a low $5 to $50, while the maximum deposit varies between $450 and a massive $15,000, catering to both casual bettors and high rollers alike.

When it's time to withdraw your winnings, Bovada ensures a smooth process, but keep in mind that some withdrawal fees may apply. It's always a good idea to double-check the specific fees associated with your chosen withdrawal method to avoid any surprises.

Mobile Optimization: 4.85/5

The Bovada mobile app provides a seamless experience, ensuring that you never miss out on any betting action, no matter where you are.

While the user interface of the app looks fine and is easy to navigate, there have been some reports of technical problems and bugs. However, these issues are not widespread, and many users enjoy a smooth experience using the app.

One of the key features of Bovada's mobile sports betting app is that it offers all markets and basic functionalities that you would find on the desktop version. This means you can access your favorite sports, place bets, and manage your account effortlessly from your smartphone or tablet.

Customer Support: 4.75/5

Bovada’s customer support team ranks among the best in the industry. The site’s representatives are available around the clock, every day of the week, and you can contact them using the live chat feature or via email.

However, to reach the support agents, you will have to enter the Help Center first, enter any question in the library, and click “No” as the answer to the question at the bottom – the one asking if you found what you were looking for.

Then, the contact options will pop up. Note that these include the on-site forum, which is a great boost to the website’s reputation and transparency.

Final Bovada Sportsbook Review Score: 4.8/5

When all is said and done, Bovada has scored the final rating of 4.8 out of 5, which is an excellent score.

Again, the variety of markets at Bovada is up there with the best sportsbooks online, with some of the finest NFL betting odds in the world. The crypto support has earned nothing but praise from our end, and the $750 welcome bonus is quite exciting, too.

Overall, as long as you gamble responsibly, you can’t go wrong joining Bovada.

Best Bovada Sports Betting Bonuses Available Now

Let’s have a look at some of the best bonuses available at Bovada Sportsbook:

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By depositing $20 or more as a new customer on your first deposit, you will be greeted with a 75% sign-up bonus worth up to $750.

The promotion comes with 5x wagering requirements and is valid only for cryptocurrency deposits, including Bitcoin and Bitcoin Cash. Enter the bonus code BTCSWB750 when prompted.

By making your initial deposit as a new customer using fiat currency, you can claim up to $250 in bonus funds at a 50% match rate. You will still need to meet the 5x playthrough requirements to get your hands on any bonus winnings.

Refer A Friend, Get Up to $275

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If you get a betting buddy to join Bovada using your referral link, you will be awarded a 200% match bonus after your friend makes their initial deposit. If the friend is using fiat currencies, you can land up to $200.

If they take the crypto route, you will get an additional $75, boosting the total bonus cash to $275. The promo comes with 5x wagering requirements for sports betting activities (30x if you use the funds at the online casino).

Best Bovada Alternatives

The online betting industry is expanding at a rapid pace, and there is more than just one high-quality betting site out there. So if you’re unhappy with some of the Bovada downsides or simply want to check what else is out there, check out our top 3 Bovada alternatives below.

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In business since 2013, MyBookie is an online sportsbook that has gained considerable popularity in recent years thanks to its extensive range of prop betting options and a wide variety of college sports betting markets.

With a focus on college markets and prop betting for the Big 4 leagues, MyBookie consistently offers over 200 unique proposition bets for single games in some instances. This impressive selection, combined with their innovative same-game prop builder, sets them apart in the industry.

In addition to its impressive market variety, MyBookie also comes with some generous bonuses. When you make your first deposit, you can score a 50% bonus of up to $1,000 with a complimentary $10 bonus chip.

To qualify for this offer, make sure to deposit at least $50 and meet the industry-standard 10x wagering requirements.

When it comes to banking methods and payout speed, MyBookie supports multiple payment options, including popular cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Solana, and even Shiba Inu.

While their selection of payment methods may be considered average, MyBookie sets itself apart with minimal fees and fast processing times, often completing transactions in under an hour.

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BetOnline is a top-tier online sportsbook that offers an extensive selection of betting options, ensuring an immersive experience for users. With a diverse range of markets, including moneylines, futures, props, live bets, and same-game parlays, BetOnline caters to bettors with varying preferences.

The platform covers over two dozen sports categories, such as baseball, basketball, football, and soccer, in addition to virtual sports events and eSports betting markets like NBA2K and FIFA.

When it comes to bonuses and free bets, BetOnline has plenty to offer both new and existing clients. Newcomers can secure a 50% sign-up bonus capped at $1,000 by making an initial deposit of at least $55.

Existing customers can enjoy various incentives, such as a 25% reload bonus with the LIFEBONUS code and exclusive bonuses tailored for in-play betting and player props. BetOnline also offers risk-free betting options, including a $25 risk-free player prop and a $25 risk-free live betting option.

BetOnline supports nearly 2 dozen different payment methods, with a focus on cryptocurrencies like Bitcoin and Bitcoin Cash. While credit cards are accepted, they come with minor fees, making cryptocurrency a more cost-effective choice. Withdrawal processing at BetOnline is known for its speed, typically completing transactions within an impressive 24-hour period.

The platform is mobile-friendly, providing immediate access for users on both iOS and Android devices without requiring any downloads. BetOnline's customer support is available around the clock, ensuring users can reach out via live chat, email, or phone calls whenever they need assistance.

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BUSR is a leading online sportsbook that has carved out a niche for itself as a premier platform for horse racing enthusiasts.

With an extraordinary racebook featuring over 50 tracks and multiple common bet types such as exacta and trifecta, BUSR delivers an exceptional experience for devotees of the sport. In addition to its impressive horse racing offerings, the platform boasts enticing odds across its markets.

While the breadth of markets at BUSR may not be on par with some competitors like Bovada, it outperforms in the realm of college sports. This makes it particularly attractive for those who enjoy placing wagers on college basketball events and other collegiate competitions.

For its users, BUSR offers a variety of enticing bonus opportunities. By depositing a minimum of $100, participants can access a 100% match bonus with a value of up to $1,500, accompanied by a 20x rollover prerequisite.

Moreover, BUSR caters to cryptocurrency enthusiasts with their Crypto Rewards initiative, which bestows up to $100 in cashback for each crypto-based deposit and requires a mere 1x playthrough. Additionally, the platform promotes an ongoing referral scheme that generously rewards up to $250 per referral buddy.

At BUSR, individuals can add funds to their accounts using credit and debit cards or virtual currencies like Bitcoin and Ethereum, which helps decrease transaction charges. Withdrawal processing times vary, with crypto-related transactions typically taking a few hours and traditional currency transfers requiring up to two days.

Honest Bovada Sportsbook Reviews Online

As with any online sportsbook, we made sure to check out public reviews from real players when assessing Bovada.

We’re happy to report that while not all users were 100% happy and that complaints were made about the dual lines and the extra steps for finding customer support, the fundamentals are solid, and the platform is mostly praised by sports bettors worldwide.

Bovada Sportsbook Review: Final Verdict

After an extensive Bovada sportsbook review, we can say that it’s a 100% legit online casino. We are looking at a reputable online gambling website that is safe and offers plenty of markets with competitive odds.

Our suggestion for anyone interested in joining Bovada is to claim the $750 welcome bonus first.

If you want alternatives, make sure to take a look at our other picks. Whatever you do, stick to responsible gambling and never forget to have fun.

DISCLAIMER: The information on this site is for entertainment purposes only. While online gambling can come as an entertainment form, you should never prioritize gambling to solve financial problems.

Do you have problems with gambling, or do you know someone that does? Regardless of what party it might be, it's crucial to quickly get a hold of this situation by calling the National Gambling Helpline at 1-800-522-4700. When you call, you're immediately transferred to an advisor on hand to give you the desired help needed to make gambling safer for you and your loved ones. That said, it's crucial to remember that all gambling sites and guides are for those who are 21+ only.

Remember, casino sites listed in our reviews might not be accessible in your region. As a result, it’s necessary to check local laws and regulations to see whether online gambling is legal or not.

For resources free gambling addiction resources, visit these organizations:

  • http://www.gamblersanonymous.org/
  • http://www.ncpgambling.org/
  • http://www.gamblingtherapy.org/

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.