Pros / Cons
- Available for US players
- Large variety of games to bet on
- Comprehensive horse racing markets for US-based tracks
- Attractive website design with clean imagery and simple navigation
- Live betting
- No international horse racing fixtures
- 4.9% credit card fee on deposits
Bovada is a Trusted US Bookmaker run by a Canadian company, which has been offering betting for over six years. Available for bettors in the United States of America, Bovada has long been the first choice for those wanting to have a bet online.
Approaching 400 million bets placed at the sportsbook, Bovada caters to all levels of bettors and every player is treated with the same great customer service.
Bovada continues to stand out as one of the best bookmakers in the world.
Bovada Sportsbook Review
Bovada’s sportsbook has an extensive range of sport betting options, including local and international sporting events.
All the major US-based sports are covered with betting available on NBA, NFL, MLB, NHL and College Sports (NCAAB/F). There’s also a good list of offshore betting events such as Aussie Rules, Rugby League, Rugby Union and Darts.
Sport betting options offered at Bovada:
Finding your desired market is a simply process and all the major betting markets are displayed at the top of the page. This makes it easier for players to quickly find the most popular betting markets at Bovada.
Run line, Win (straight up) and Total markets are displayed when clicking into a specific market. Bettors can choose more options by clicking on the event, which entails more betting options and exotic markets.
Bovada boasts one of the more impressive online sportsbook sections.
Bovada Horse Racing Review
The horse betting section on Bovada isn’t as comprehensive as bookmakers from around the world, but it caters to bettors in the U.S.
It covers American racing, including races from the likes of Del Mar, Arlington Park, Gulfstream Park and many more across the states. Futures betting is available on the major American races, including the Kentucky Derby, Preakness Stakes, Belmont Stakes and Breeders’ Cup.
International racing does hold a place in the markets and racing is offered in Europe and Australia, but the primary focus is with local racing jurisdictions.
Placing a horse racing bet is as simple as clicking on your desired runner which is then added to your bet slip. The bet slip is easy to locate on the right-hand side of the page and bettors can either place a single bet or add the runner to their parlay.
To Bovada’s credit, they boast an extensive futures list. That allows bettors to gamble on races in the future and all the big races from around the world are covered. We credit Bovada to opening futures markets for international racing.
Prefer not to bet on the real thing? Bovada has a virtual racing section, with races running every two minutes. We won’t recommend spending too much time or money betting on virtual markets, as it comes down to pure luck, but it’s good to have the option available.
The best aspect of the racing section is having the next five races at your fingertips. Bettors are greeted with the upcoming races and it makes it easier and more time efficient for customers.
Bovada deposit methods
Bovada customers can deposit funds with either a credit card, debit card, money transfer, rapid transfer or bitcoin.
Credit Cards (Mastercard or Visa)
This is the easiest deposit method is via credit card or debit card. Deposits are processed instantly and although some cards can be declined, this is the most time-efficient way of depositing with Bovada.
There is a 4.9% processing fee for all credit card and debit card deposits, so please be aware of these charges when making your deposit, however, the fee for first-time deposits will be waived as an incentive from Bovada.
The minimum deposit with credit/debit cards is $20 and the maximum is $1,500.
Bitcoin deposits are also available and given its increasing popularity, we’re not surprised to see it as a depositing and playing option at Bovada. The best thing about Bitcoin is the maximum limit is set at $5,000, much higher than credit card users.
Rapid transfer (Moneygram)
Rapid transfer deposits take around 20 minutes to appear in your account but the best thing about using Rapid transfer are the fees attached.
Bettors will be charged around $10-22 per transaction, depending on the size of the deposit but for deposits over $300, Bovada will often waive the fee.
The only catch is with the minimum deposit amount, which currently stands at $100.
Bovada withdrawal methods
Withdrawing money at Bovada can be done via check by courier, rapid transfer or with bitcoin and bitcoin cash.
Bettors can request a check by courier, which can take between 1-2 weeks to receive. This is the preferred option as bettors can request anywhere from $20-$3000 per check. If you’re wanting to withdraw more than $3000, more than one check can be requested.
Rapid transfer withdraws can only be made if your deposit was made via this method and there are limits on how much you can withdraw. That ranges from around $100 to $1000 and there are fees attached.
Unfortunately, bettors can’t withdraw make onto their credit or debit cards due to anti-fraud and security reasons. You can, however, withdraw bitcoin or bitcoin cash, which is a popular option.
Bovada rewards & bonuses
Sports bettors can get a welcome bonus of up to $250. To receive a welcome bonus, simply make your first deposit and instantly receive a 50% bonus up to $250.
This bonus can only be used on your first deposit and there are rollover requirements. What are rollover requirements? You must play with your money before withdrawing, otherwise customers could make a deposit and quickly withdraw the bonus amount.
Playing through the deposit enforces security and with a rollover of only 5X, it’s one of the better requirements in the world of online bookmaking.
Bitcoin users are offered a 50% match bonus of up to $500 when making a first deposit. Bettors can then use their bonus on any sport, wager type or odds. Unlike many bookmakers, bettors get to keep the original bonus bet amount and then winning returns, not just the winning returns.
For the casino welcome bonus, check out our Bovada Casino Review.
Bovada Mobile – Mobile sports, poker and casino apps
Bovada has its customers sorted when it comes to betting on the run. The Bovada apps are available iPhone, Android and iPad devices.
It’s fast, easy and most importantly free to use. Bettors can find all desired markets on the app and it makes betting on the run a better experience than using the website.
No download is required and in-play betting is available.
Live betting with Bovada
Live betting with Bovada is one of the more impressive aspects of the online bookmaker. Most sports are covered with live betting markets and unlike other bookmakers around the world, bettors can place a live bet online.
In some countries, such as Australia, bettors need to ring their bookmaker to place a live bet but Bovada makes it easy. Placing a bet live online or on your mobile tablet is becoming increasingly popular.