Are you ready to learn about the best Bovada deposit methods and withdrawal options? Our guide covers everything you need to know about Bovada’s payment options, from your initial deposit to your first payout.
Bovada was established in 2011, meaning the popular US sportsbook boasts more than a decade of experience in the industry. As a result, there is a wide variety of Bovada deposit methods and withdrawal options to choose from.
Best Bovada Deposit Methods
Bovada may not possess as many deposit methods as other online sportsbooks, but there are still plenty of safe and secure options available. Here is a list of the top Bovada deposit methods:
- Visa
- MasterCard
- Bitcoin
- Bitcoin Cash
- Litecoin
- Ethereum
- Secure voucher
- Bank transfer
The minimum deposit at Bovada is $10, which is available for Bitcoin, Bitcoin Cash, Litecoin and secure voucher. Visa and MasterCard transactions have a minimum deposit of $20, while Ethereum and bank transfers have a $50 minimum deposit.
Unfortunately, Bovada’s transaction fees for credit card deposits are pretty high. Charging more than 15% for a deposit is steep and some credit card companies may charge additional fees on top of that.
That said, there is a decent selection of debit/credit cards, cryptocurrencies and transfers to choose from. If the selection of Bovada deposit methods widened to include e-wallets, it would be even better.
How to Deposit at Bovada
Next, we want to guide you through depositing at Bovada. It’s all well and good knowing about the best Bovada deposit methods, but you need to know how to add funds to your account. Here’s how:
- Create an account with Bovada
- Use ID to verify your account
- Log into your Bovada account
- Click on the “Deposit” button
- Choose your favored payment method
- Enter your payment details
- Select the amount of money you want to deposit
- Complete the transaction
Most Bovada deposit methods offer instant transactions, although you may need to wait for your bank to approve the transaction if you’re using a debit/credit card or bank transfer.
Bovada Withdrawal Options
So, you’ve set up your Bovada account, deposited some funds, placed some bets and won some money. The chances are that you want to withdraw your winnings, right?
While Bovada boasts a vast range of deposit methods, there is a distinct lack of withdrawal options. Crypto users can withdraw via Bitcoin, while non-crypto users can withdraw their winnings via a secure voucher or check. Here is the full list:
- Bitcoin
- Secure voucher
- Check
Bitcoin and secure voucher payouts can take up to 24 hours to go through. As for checks, Bovada states that withdrawals will take between 10 and 15 days to be finalized.
It is worth noting that some US banks will refuse cash checks from Bovada because of their policies. With that in mind, we recommended asking your bank if they cash checks from online sportsbooks before you process your withdrawal.
