Bovada is an offshore American betting site that accepts customers from the United States. They are considered one of the easiest US sportsbooks to get started with; offering free withdrawals that are processed quickly. New customers who join using the March 2023 Bovada promo link will receive exclusive signup bonuses which include a 100% first deposit match (up to $250 USD). Our Bovada review will cover everything you need to know about this American betting site.
Bovada Review March 2023
Jump to any section of our Bovada review:
Available States
Bovada is located in a country that has legal and regulated online gambling. This allows them to accept customers located in the United States. Due to payment processor limitations the only states that cannot use Bovada are New York, New Jersey, Nevada, Delaware, and Maryland. Find the sportsbooks that work in your state with our betting map.
Bovada Signup Bonus March 2023
You can get this month’s signup bonus when you join using the March 2023 Bovada promo link. The promotion will be automatically applied to your account. The March 2023 Bovada signup bonus includes a 50% first deposit match up to $250, and a $3000 casino welcome bonus.
Bovada no longer use promo codes. You will need to join using the March 2023 promo link (here) in order to claim the signup bonus.
Bovada Deposit Methods
You can safely deposit money into your Bovada account using VISA, MasterCard, pre-paid credit cards, and Bitcoin. Something I like about Bovada is their discrete deposits. This means it will not show up as a sportsbetting site on your credit card statements. Bovada has no deposit fees which makes them a great betting site for novice sportsbettors. They also have the lowest minimum deposit amount of all US sportsbooks ($20 USD).
Bovada Payout Time
The reason why I love Bovada is that they have the fastest withdrawals out of all American betting sites. Users who join using the March 2023 Bovada promo link get free payouts. You can request a withdrawal through courier check, credit card, or Bitcoin. Bovada’s checks come from Canada so you will not have any problem depositing it into your bank account. They arrive in an unmarked FedEx package so there will be no indication that it’s coming from a betting site.
The checks should arrive in 2-3 business days. Credit card withdrawals are processed in under 48 hours, and Bitcoin payments should arrive the day after cashout request. There is no denying that Bovada is the easiest American betting site to claim your money from.
Betting Markets
You can bet on thousands of games across all major North American and European sports leagues. This includes football, basketball, baseball, hockey, soccer, tennis, and MMA. You will have access to a wide selection of betting markets. On top of the traditional markets (moneylines, spreads, totals) Bovada also offer hundreds of unique team and player props to choose from.
Bovada Square Odds
The major criticism in our Bovada review pertains to their odds. They are known for being one of the squarest American betting sites on the market. This means that their odds are further adjusted to make the public side of a given match worse to bet on (relative to other sportsbooks). However, knowledgeable sportsbettors can use this to their advantage. I will provide you with an example.
Sportsbooks adjust their lines based on their respective customer base. They want to be able to attract action to both sides of a given market. Casual sportsbettors are often drawn to teams they perceive to be better than they are in actuality. Bovada compensate for this by shifting the line to make that team worse to bet on (and consequently, their opponent better to bet on). A high-limit betting site such as Pinnacle Sports (not available to US customers) will not do these added line adjustments as a knowledgeable sportsbettor could easily take advantage with a large wager. Let’s compare the lines for a random MLB match:
At the time that I am writing this Bovada review the Chicago Cubs are the best team in baseball. With a 24-6 record you can expect that many casual sportsbettors will want to wager on them against the lowly San Diego Padres. Pinnacle is offering Cubs (-230) and Padres (+210). Bovada adjust these lines, offering Cubs (-250) and Padres (+220):
Square odds are not a bad thing if you understand how to take advantage of them. If you wanted to bet on the Padres, Bovada would be the ideal place to do it since you are getting the best odds. You should always be wary of the lines being offered by each sportsbook to ensure you always get the best price.
Bovada Livebetting
Bovada offers one of the best livebetting services among US sportsbooks. Customers will be able to bet on thousands of matches each day across all major sports leagues. In-play wagering is enabled for football, basketball, hockey, basketball, soccer, and tennis. Each game has a handful of available betting markets including moneylines, spreads, totals, and team/player props. Bovada’s livebetting service is topped off with a clean and responsive interface that displays both the current score and play-by-play results.
Bovada Customer Support
You will be able to contact a Bovada customer support agent within minutes via phone or e-mail. They do not currently offer assistance via live-chat which is something we hope they consider implementing in the future.
Bovada Review Video
Our Bovada review is summarized in a brief 5 minute video for your convenience:
Bovada Signup Bonus March 2023
You can get this month’s signup bonus when you join using the March 2023 Bovada promo link. The promotion will be automatically applied to your account. The March 2023 Bovada signup bonus includes a 50% first deposit match up to $250, and a $3000 casino welcome bonus.
Bovada no longer use promo codes. You will need to join using the March 2023 promo link (here) in order to claim the signup bonus.
Here is our Bovada review condensed into a list of pros and cons!
Bovada Pros
- $250 signup bonus
- No deposit or payout fees
- $20 payment minimums
- Same-day Bitcoin withdrawals
- Same-week check withdrawals
- Thousands of available games and markets
- High-quality livebetting interface
Bovada Cons
- Square lines
- Low-limit markets
- Dual lines
Many thanks for explaining how bovada’s odds work. I have seen people talking about it on Twitter but I never understood it in detail. Thank you for the article.
Great article and great site!
-KingPicks
The best betting site for americans in my opinion. So easy to get your $$ once its over.
Testing.