Legal Review Of Bovada Sportsbook
In this legal review of Bovada Sportsbook, we will strive to answer all of the questions you might have of the well-known sports betting website. If ever there were a household name in sports betting, Bovada would be it. This sportsbook has quickly become one of the best USA sportsbooks.
Bovada Sportsbook first opened its doors to American bettors in 2011, after breaking off from its UK affiliate, Bodog. The rights for Bovada were purchased by the Mohawk Morris Gaming Group, one of the most respected gaming groups in the business. Bovada operates out of Kahnawake, Canada.
While the site has been operating legally since it opened its doors, they willingly gave up their licensing this past year. This came on the heels of a policy change made by the licensing committee, the Kahnawake Gaming Commission. Despite no longer holding a license, Bovada remains atop the online gambling world.
Bovada has the highest traffic of any online gambling platform that provides legal online sports betting in the US. This site is certified by the proper authorities and still remains under the regulations of the gaming commission in Canada. This book provides a legal, safe, secure sports betting option to US bettors. Below, we will answer your most frequently asked questions about the site in this in-depth Bovada Sportsbook review.
Bovada is one of the most trustworthy online sportsbooks available to US players. There has never been a problem with player payouts, fairness, or scams like there have been with other books. What you see is what you get with Bovada Sportsbook. Here, you can bet on sports for real money and expect to have a payout back to you within a few business days at most, depending on the banking method you choose. Bonuses are instantly credited to your account. Bovada has never missed a payout and is the most legitimate sportsbook that US bettors can trust.
Is It Legal For Americans To Use Bovada?
It is legal for Americans to use Bovada. This sportsbook allows for bettors to safely and securely place bets on their favorite sporting events. This is because it is an online, offshore company. It does not fall under the jurisdiction of US federal laws, providing a safe environment for US bettors that is accessible in all 50 states.
Using Bovada does not break any federal laws. PASPA prevents states from regulating sports betting. Because there is no US legislation in any state that regulates the sportsbook Bovada, PASPA is not being violated. The Wire Act states that no one can take a wager over a line of communication. But as a US law, this only applies to US sportsbooks. As Bovada is Canadian, and the people taking the bets at Bovada are in Canada, the Wire Act is not being violated. Bovada is legal for Americans to use.
Unfortunately, Bovada does not accept bettors from every state. Five states have certain legislation in their state code that prevents a gambling platform like Bovada from being able to operate in that state. These states are Delaware, Maryland, Nevada, New Jersey, and New York. Bovada accepts bettors from the other 45 states in the US.
Why Is Bovada Legal But A Sportsbook In My State Wouldn't Be?
Bovada is legal because it is regulated in another country. The federal sports betting laws in the United States don’t actually make sports betting unlawful. They just limit where you can place those bets. Because of the federal law called PASPA, states are not allowed to regulate their own sports betting operations. Without something to regulate the books, they can’t operate. So bettors won’t be able to find legal sportsbooks in their state. Bovada is regulated by a gaming commission in Canada. So it does not break the law PASPA. This makes it a legal sportsbook for US bettors to use.
Depositing into any sportsbook is something that should never be difficult to do and that is exactly the level of service that Bovada provides. By allowing for some of the easiest and quickest deposits available, users never miss the games they want to bet. This is key because lines always change and sometimes a half-point, one way or the other, can be the difference between putting a few more hundred down...
With any of the deposit methods offered by Bovada, you can be assured that the proper steps have been taken in order to ensure security. Here are the ways to deposit into Bovada Sportsbook:
VISA - Most cards branded with the VISA logo have the chance of working, however they are not guaranteed. Bovada does have a high success rate with credit and debit card payments, but that rate can vary depending on which payment processor is in use. While quick, Bovada charges 4.9% for all successful deposits using your plastic.
Rapid / Money Transfer - When plastic fails, users will need to turn to wire transfer methods like "Rapid Transfer" and "Money Transfer". We put these in quotes because they are actually Western Union and Moneygram respectively... Bovada just doesn't market them by name. Both have advantages and both carry fees, but above all, these methods work!
Making Your First Deposit At Bovada - Keys Things To Know
Making your first deposit at Bovada might seem a little complicated but it’s really not. The key things to know about Bovada is that there are two main deposit types. You can choose to deposit with a credit card, or you can choose to use bitcoin. Both are eligible for the welcome bonus, but bitcoin doubles the offer. When deciding on a deposit method, you should consider their deposit limits. Bitcoin allows you to deposit up to $5,000 in a single transaction. The credit cards accepted by bitcoin have lower limits, up to $1,000. Bovada accepts Visa, MasterCard, and American Express. If you decide to use a credit card to deposit, you should be aware that there are fees assessed on top of your deposit. For Visa, there is a 4.9% fee, and for MasterCard, there is a 6.9% fee. There may also be a 3% international service fee associated with credit card deposits, but this is not charged by the sportsbook. It is charged by your bank.
Receiving a payout from Bovada can come in a few different forms for players living in the United States. One of the nice things about Bovada, is that all payout options available are able to be used by American players. This cannot be said at all sports betting sites, which definitely separates Bovada.
Wire Transfers - Just like bettors can deposit with a Western Union wire transfer, a payout can be received through this method as well. A minimum payout of $100 is required, up to $800. There is a $20-$60 fee depending on the amount that can come with this, but players do get their payout in about 36 hours. The same can be said for a MoneyGram, though the payout here is up to $2,000 per transaction. Fees can go all the way up to $150 for this method however. Continuing with the electronic methods, there is the option of a bank wire, which can take upwards of 10 business days. The minimum payout is also set at a steep $2,500, though making it ideal for big players going all the way up to a $7,00 withdrawal.
Check From Bovada - Many American players at Bovada opt for a check though, which can go through a courier like UPS, FedEx and DHL. This takes roughly 10 business days to receive, with minimal fees. The minimum is also nice at $20, up to $3,000 on the maximum per check received.
While the initial deposit bonus at Bovada may not be the biggest sportsbook deposit bonus in the world but it is generous and designed to be taken advantage of by the first time sports bettor. They require very little money to be deposited in order to qualify for them; only $20 to claim Bovada's bonus.
Upon signing up and making the first deposit at Bovada, new players get a 50% matching deposit bonus good for up to $250 in extra sports betting funds. This bonus only carries a 3x rollover when used to bet on and of the sports on the board or players can even throw down on some live wagering.
Other promotions running during certain times of the year like the Super Bowl, NCAA Tournament, CFB bowl season, and even with events that are big in the gambling world, but not necessarily in the world of sports.
Currently, Bovada Sportsbook has a welcome bonus available to all of its new bettors. When you make your first deposit, Bovada will match 50% of your deposit up to $250. If you make this deposit with bitcoin, that offer extends to cover up to $500. Bovada also offers a refer-a-friend bonus. This promotion offers bettors $100 for every friend they invite to sign up with Bovada. Once that person signs up and makes a deposit, $100 will be credited to your account. This bonus is unlimited, so you can invite everyone you know to sign up and play with Bovada Sportsbook.
Bovada offers every sport you could ever want to bet and then some. That is part of what has made them one of the best sportsbooks around... that and the awesome array of props and futures they have posted in their book year-round.
Basketball Hockey Soccer Tennis UFC/MMA Golf Baseball Football Cricket Boxing Politics Horse Racing Futures and Props Motor Sports E-Sports Rugby League Rugby Union Snooker Darts Cycling Volleyball Aussie Rules Handball Entertainment Futsal Table Tennis Winter Sports
Bovada has all of the wager types you know and love available to you. Below, you’ll find a list of the wager types they offer on each sport. Some sports have their own variations of these (like runline for baseball) and others might not accept certain wager types. For the information on what sort of wager types you can make at Bovada on a certain sport, head over to their rulebook. A quick glance will give you all of the information you need.
Moneylines, Totals Spreads, Teasers Pleasers, Props, Futures, Parlays, If-bets, Round Robins, Live Bets
Outside of the sportsbook at Bovada, they have a top notch online racebook. This book has daily betting lines from major tracks all over North America when in season. From tracks like Del Mar, to Saratoga, to Belmont, and races like the Kentucky Derby, Breeders Cup, Belmont Stakes & the Preakness, Bovada has the race lines for them all.
Also, with the same account used for betting at Bovada's sportsbook & racebook gets players access to the casino & the poker room. Do know that if you want to play in the casino or poker room more than betting on sports do check out the specific bonuses for those as they are better than the normal sports betting bonus.
The Customer service at Bovada is above reproach. This online sportsbook has two methods to reach their customer service representatives. You can email the book, or reach the representatives by calling the toll-free number. There’s no waiting weeks without a response to your emails, and there’s no waiting on hold or wading your way through an automated messaging system when you call. You’ll receive a prompt, thorough answer to your question or inquiry whenever you email. When you call, you’ll be asked to answer a couple of prompts to find out where you need to go, and then you’ll spend the rest of the time on the phone with a live representative. Their friendly and attentive reps will be able to walk you through any issue you may have. The customer service at Bovada is available 24/7 all year round. The toll-free number is 1-888-263-0000. Emails can be sent directly through the sportsbook.