Bovada Sportsbook Bonus and Promotions
Bovada has been a leader in the United States sports betting market for a number of years, offering a great product to users who simply did not have the option to bet on sports in their states for a number of years due to PASPA (Professional and Amateur Sports Protection Act of 1992). Originally under the name Bodog, (who still operates in Canada), they changed their name to Bovada and began offering sports betting, casino, and horse betting strictly to U.S. players.
Bovada quickly became a leader in the industry with competitive odds, excellent sports betting bonuses, and a great mobile site so users can bet on the go. They took the approach of targeting novice or intermediate bettors, with low deposit limits and low minimum bets.
Present-day, with legal sports betting avenues opening up around the United States, we don’t feel that Bovada is threatened by the licensed venues offering odds. While Bovada is banned in a few states that have bigger sports betting markets like Nevada and New Jersey, but many states still don’t have online betting and there is still a need for offshore sportsbooks.
Many states still have strict regulations when it comes to their sports betting offers, and only a handful actually has online betting available, so you’d have to visit a venue to place a bet, and some states only have one or two venues in hundreds of square miles, so it’s not exactly convenient.
Online betting is by far the most convenient way to bet on sports and Bovada has spent the last few decades building a reputation for being the best when it comes to betting. Hundreds of thousands of users trust them and enjoy the service they offer. Some New Jersey residents travel the short distance to New York to avoid the ban so they can use the product.
Not to mention, offshore sportsbooks like Bovada have the ability to offer big betting bonuses for new and returning clientele, so you can take advantage of all of this just by betting from your smartphone. It’s a compelling reason to sign up!
Sportsbook Bonuses can help you pad your bankroll and they’re an excellent incentive to sign up at any sportsbook. And they are certainly plentiful at Bovada!
Let’s take a look at some of the bonuses that Bovada has to offer at their sportsbook.
Bovada Sportsbook Sign Up Bonus
Sign up bonuses or first deposit bonuses can be a deciding factor when pulling in new users and many sportsbooks offer a match bonus to new users on their site. Pretty much each bonus at Bovada is a welcome bonus, so they have a few options available.
How to use the Bovada Sign Up Bonus
How does a 50% Welcome Match Bonus up to $250 work? They will give you an extra half of your initial deposit up to $250. You are able to deposit any amount between $20 and $250 and you will receive an extra half of whatever your deposit amount is. If you deposit $100, you will receive an extra $50, and so on.
This can only be used on your first deposit from your account. You may only use one bonus or free play per account/household or shared computer environment.
When you type in the promotional code, the rollover requirement is defined as an amount of cash risked or won. So when you see that a bonus has a 5x rollover requirement, you need to bet your initial deposit or bonus amount five times over, to be able to withdraw your winnings.
Be aware that certain casino games hold more weight than others in terms of rollover contributions. Amounts wagered on slot games have a 100% contribution toward your rollover, table games hold only 20%, video poker, and Black Jack only hold 10% and Single/Double-deck Blackjack, Roulette, and Baccarat only have a 5% contribution to your rollover.
The best way to rollover your bonus the fastest is to bet on sports or play casino slots.
Bitcoin Sports Welcome Bonus
To promote Bitcoin deposits, you can reel in up to $750 in bonuses just by depositing your Bitcoin. You can use a 75% match bonus up to $750 to bet on sports at Bovada. When you log into your Bovada account, you use the code BTCSWB750 when making a Bitcoin or Bitcoin cash deposit, and your account will instantly be credited with an extra 75% of your deposit.
You can only redeem this once, on your first Bitcoin deposit. You can use this only in the sportsbook, racebook, and casino. There is a 5x rollover on sports and horses, and a 30x rollover on casino games.
If you deposit $500, you will receive a bonus of $375 which you will need to rollover 5x on sports, and if you choose to bet on the casino you will have to play through the $375 thirty times.
Bitcoin Casino Welcome Bonus
That being said, if you are planning to only bet on casino games, we recommend the Bitcoin casino bonus which is a 125% bonus up to $1,250, and you can redeem this twice more after that. The first code is BTCCWB1250
Once you play through the first bonus, you can redeem this twice more on your next two deposits, using the code BTC2NDCWB. All of these bonuses are subject to a 25x playthrough requirements on casino games.
Bovada Poker Welcome Bonus
Bovada does have an excellent poker offering, and with that, comes a great bonus you can take advantage of. When you sign up for an account to play poker, you can redeem the code PWB500 on your deposit and you will unlock a 100% match bonus up to $500. As you play poker and start playing through your bonus, $5 increments will be released into your account automatically, instead of receiving one large lump sum.
You can only redeem this if there are no other active bonuses on your account already. And because you will be receiving increments you will not be required to roll over this amount.
Bovada Active Promotions
Promotions are a bit different from bonuses - they are much more plentiful and you likely will be able to use them more than one time. Many promotions depend on the season and which sports are currently being played. You can find NFL specific bonuses, or event-centric bonuses that are offered around a certain event like UFC or Boxing fights.
Other Bonuses And Player Rewards
There are other bonuses available on Bovada that you can take advantage of. If you enjoy playing poker or casino games, there are some great options, as well as a hefty referral program where you can earn bonus cash just for recommending friends and family to Bovada
Bovada Sportsbook Promotions
Bovada has many promotions running at once, and it is hard to keep track of them all and regularly update a review based on their daily and weekly promotions. But they do have them run by season, by sport and you can take advantage of loyalty bonuses as well.
Their Bovada Rewards program is also a great feature, where you earn points for betting on sports and playing casino games. There are different levels you can achieve which unlock more earning potential. You can cash in your points for playable dollars as well.
For each dollar spent on video poker and table games, you earn one reward point, and sports dollars can earn you between three and 25 points, while one racebook exotic dollar can earn you 60 Bovada points. Once you earn enough points, you will be upgraded to the next level, which can ultimately result in cashback, but you have a long way to go to earn any significant amounts. For example, 1,000 reward points is equal to $1 cashback.
Bovada also has a great referral program, where you can benefit from your friends and family signing up for a Bovada account. You can only sign up for one account per IP address, and residential address, so as long as you don’t live together, you can refer whoever you want.
Your friend will need to enter a referral code when signing up - your specific referral code. This will show Bovada that you recommended them to the site and trigger your referral bonus. You will earn 200% of your friend’s first deposit up to $100. If your friend deposits $50, you will receive $100. Your friends can take advantage of all of the great first deposit bonuses and welcome bonuses as well, so they have some incentives to sign up and make that first deposit as well. It’s a win-win.