#2. Bovada

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Although Bovada.lv has only been around since 2011, it really opened shop way back in 1994 under the name Bodog.com. It changed its name for marketing reasons and now uses ‘Bodog.com’ for Canadian players and ‘Bovada.lv’ for the U.S. market.

Bovada.lv has quickly grown to be one of the biggest, if not the biggest, online sports betting destinations for U.S. players. Besides sports betting, Bovada also offers Casino, Racebook and one of the bigger Poker sites on the web, all under one account.

(By the way, the ‘.lv’ does not stand for ‘Las Vegas’ as many believe, but for ‘Latvia’ where their domain is registered. They chose that jurisdiction because they knew people would think its Las Vegas and also to keep the domain out of reach of the U.S. authorities.)

Video Review:

Here’s What We LIKE:

Quick and easy deposits and payouts – Bovada probably has the highest credit card acceptance rate of any sportsbook. Chances are your Visa or Mastercard will be accepted successfully. Keep in mind though that they have a 4.9% processing fee on credit card deposits. They’ll waive this fee, however, on your first deposit.

When it comes time to collect your winnings, payouts are available by Check and ‘Rapid Transfer’, also known as Western Union or Money Gram. Fees are lower than most other competitors but vary depending on the amount requested. Check the site for details as fees tend to change frequently.

Promotions and offers – Bovada offers a generous first time deposit bonus of 50%, up to $250, in Sports. As well as a 100%, up to $500, Casino bonus and a 100%, up to $1000, Poker bonus.

Be sure to read the Terms and Conditions on each to avoid any surprises later with regards to Rollovers and requirements.

Website – Bovada’s website is one of the better ones out there.  They offer an intuitive user interface with a Bet Slip style betting platform. They provide all the point spread, money line and over-under lines that you’11 need, as well as plenty of interesting special props on both sports and entertainment. They also offer an excellent LIVE betting platform where you can wager during the games for most major sporting events.

Bovada offers casino and poker rooms that are state-of-the-art. Way ahead of most of their competitors. Every type of casino game is available for casino players and plenty of tables for Poker players. Players can access everything from just one account.

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Mobile betting – Bovada offers an easy to use mobile betting site with no download necessary.  Simply go to Bovada.lv on your mobile device and you can do almost everything that the desktop site offers.

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Here’s What We DON’T LIKE:

Odds not posted early enough – There’s not much that we can find wrong with Bovada, but there are a couple of things that some players might have issues with. Firstly, they are not always the first to post the daily odds. Other books, like Bookmaker.eu, will come out with the odds before Bovada. But where Bovada does make up for it is their special props selection. They offer entertainment odds and sports futures that most other books won’t dare.

Low wager limits – The other area where you might find fault is their wager limits. If you are a big bettor, you might be unable to place more than 1 or 2 thousand dollar bets on sides with even smaller limits on totals and props. Other books, like Bookmaker.eu, tend to cater to sharper and bigger bettors by offering much higher limits. But this won’t be an issue for you if you bet under that amount.

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Bovada Fact Sheet:

U.S./Canada players welcome: YES

Hours of Operation: 24 hours, 7 days a week 365 days per year.

Languages: English

Location: Quebec, Canada

Date Established:  2011

Current License: Kahnawake Gaming Commission

Software Provider: Proprietary

House Limits:

Minimum wager is $1 online and $50 for phone bets.

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

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

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:

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.

Methods of Deposits:

Method min max
Mastercard $25 $1000
Visa $25 $1000
American Express $25 $1000
Rapid Transfer (MG) $50 $800

Methods of Withdrawal:

Method min max
Check by Courier $50 No Max
Rapid Transfer (MG) $100 $450

 

Contact Bovada:

Contacts Toll Free Fax Email Hours
Sportsbook 1-800-965-0506 1-888-436-4509 service@bovada.lv Mon – Sun 24hr/day
Racebook 1-800-965-0506 1-888-452-8007 service@bovada.lv Mon – Sun 24hr/day
Casino 1-866-234-1324 1-888-280-5265 service@bovada.lv Mon – Sun 24hr/day
Poker 1-800-965-2237 1-888-280-5265 service@bovada.lv Mon – Sun 24hr/day
Mobile 1-800-965-0506 1-888-280-5265 service@bovada.lv Mon – Sun 24hr/day
New Accounts 1-888-263-0000 1-888-280-5265 service@bovada.lv Mon – Sun 24hr/day
Financial 1-888-263-0000 1-888-280-5265 service@bovada.lv Mon – Sun 24hr/days

 

Website:

Bovada.lv

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