Bovada Review - Go to Bovada

On December 14th, 2011, Sportsbook Review reported that Bodog (SBR rating A) changed their domain name for US players. The new domain, www.Bovada.lv, features the same software, platform, customer service and betting options as Bodog players are accustomed to.  Bovada only accepts US players. The full Bodog statement can be read in the SBR archives.

Bovada Sportsbook updated their website in 2015 to be fully responsive and mobile-friendly across all smartphone devices.

The sportsbook is known for its emphasis on the user experience. Bovada is one of very few sportsbooks who routinely give away free money in its prop and entertainment betting markets.

Bovada announced in August of 2016 that its poker room was acquired by Ignition Casino.

 SBR On-Site Inspection:

 

2011

  • December
 

2012

  • May
 

2013

  • May
 

2014

  • August
 

2015

  • February
 

2016

  • January

Country Restrictions

Clients outside USA not permitted.

Hours of Operation

Customer Service & Wagering staff on duty 24 hours, 7 days a week 365 days per year. Online wagering 24/7/365

New Account Bonuses

100% Bonus up to $250  (double standard bonus of 50%). Offer runs through Oct 3, 2016.

Special Promotions

Unlimited 100% bonuses on bitcoin deposits (up to $250). Contact Bovada for additional details on eligibility.

Most Common Complaint

Lines generally out later than other online sportsbooks.

Customer Service

Players generally have submitted positive feedback when dealing with Bovada's customer service.

Languages

English

Min. Bet

$1 on-line, $50 by phone

Max. Bet

  NFL NCAAF NBA NCAAB
Spreads $2,000

$1,000* 

$2,000

$1,000 $500
Moneylines $1,000 $500 $500 $500
Totals $1,000 $1,000 $500 $500
Parlays $1,000 $1,000 $500 $500
Teasers $1,000 $1,000 $500 $500
Player Props $500 $500 $500 $500
Team Props $1000 $500 $1000 $500
Futures $500 $500 $500 $500
1H/2H Spreads $1,000 $1,000 $500 $500
1H/2H Totals $500 $500 $500 $500
Quarter Lines $500 $500 $500

 

 

 

MLB NHL CFL & AFL WNBA
Spreads $500    $500  $500  
Moneylines $1,000  $1,000     
Totals $500   $500   $500   $500  
Parlays $500   $500   $500   $500  
Teasers     $500   $500  
Player Props $200  $200     
Team Props $300  $200     
Futures $600  $600  $300 $300
1H/2H Spreads $500        
1H/2H Totals $500        
Quarter Lines        

*NCAA football maximum bets on point spreads are $1,000 on Tuesday and Wednesday, and $2,000 on Thursday through game day. 

  UFC-MMA Boxing Soccer
Moneylines  $2000  $1000 $500 
Totals     $300
Head-to-Head      
Total Rounds  $500 $1000  
Props $500 $500 $300
Futures     $500

 

  Tennis Golf Horses**
Moneyline     $300***
Totals      
Head-to-Head $500 $500 $250
Props $300 $300 $100
Futures $500 $500 $250
  Nascar Sprint Cup Nascar Nationwide Nascar Truck
Odds to Win $500 $500  $500 
Head-to-Head $250 $250  $250 

**Maximum win for horse racing is $50,000. 

Teaser Payoffs:

Teams FB 6pts /
BK 4pts
FB 6.5pts /
BK 4.5pts
FB 7pts /
BK 5pts
2 10 : 11 / 1 : 1 10 : 12 / 10 : 11 10 : 13 / 5 : 6
3 9 : 5 / 9 : 5 8 : 5 / 8 : 5 7 : 5 / 3 : 2
4 3 : 1 / 3 : 1 5 : 2 / 5 : 2 2 : 1 / 2 : 1
5 9 : 2 / 5 : 1 4 : 1 / 4 : 1 7 : 2 / 7 : 2
6 6 : 1 / 7 : 1 11 : 2 / 6 : 1 5 : 1 / 5 : 1
7 10 : 1 / 10 : 1 9 : 1 / 9 : 1 8 : 1 / 8 : 1
8 15 : 1 / 15 : 1 12 : 1 / 12 : 1 10 : 1 / 10 : 1
9 20 : 1 / 20 : 1 15 : 1 / 15 : 1 12 : 1 / 12 : 1
10 25 : 1 / 25 : 1 20 : 1 / 20 : 1 15 : 1 / 15 : 1

Totals are allowed in regular teasers.

 

 

Parlay Payoffs

 

Payouts are calculated based on “true odds”, which depends on how many teams are selected and the odds on those teams. If each pick of your parlay is a standard line (i.e., -110, where you must wager $110 to win $100) then the chart below will give you an approximate estimate of your payout *:

TRUE ODDS PARLAY PAYOUTS
Number Of Teams Win Per Unit Bet
2 2.645/1
3 5.958/1
4 12.283/1
5 24.359/1
6 47.413/1
7 91.424/1
8 175.446/1
9 335.852/1
10 642.082/1
11 1226.701/1
12 2342.793/1

 

*Actual payout may be slightly more or less due to rounding.

To calculate your winnings, simply multiply the odds by your bet amount. For example, suppose you bet $10 on a two-team parlay where the odds of both picks are -110. You stand to win $26.45 ($10 x 2.645/1). Your total payout would be $36.45 (the $26.45 you won plus the $10 you wagered).

For parlays involving moneylines or picks at off-standard prices (ie. -105,-115 etc), you need to first find the multiplier for each pick in the parlay and then multiply your bet amount by the product of the multipliers. For example, suppose you bet $10 on a two-team parlay where the odds of the two picks are -140 and +120:

Moneyline

Multiplier

-140

1.71

+120

2.20

Your total payout, which is your winnings plus your original wager, is calculated as follows: 10 x 1.71 x 2.20 = $37.62.

Software Provider

Proprietary

Transaction Polices

Currencies Accepted

USD, Bitcoin

Methods of Deposits

Method min max
Bitcoin $20 $5,000
Mastercard $25 $1,000
Visa $25 $1,000
American Express $25 $1,000

Methods of Withdrawal

Method min max
Bitcoin $20 $9,500 per transaction (one per day)
Check by Courier $50 No Max

Location

Quebec, Canada

Date Established

December 2011

Phone Numbers

Customer service: 1-888-263-0000

Hyper Link

Bovada