Sports Bovada Lv Legit
Posted : admin On 3/31/2022Bovada Review – Is Bovada Legit?
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Online gambling can always be a bit risky and that is why in this article we are going to do a full Bovada Review and tell you if it is worth your time and money. Luckily, Bovada has been in the business for over 15 years and so there is a lot of history and information surrounding its online casinos and sports books. We’ll do our best in this review to paint a full picture of Bovada’s offerings, features, promotion codes and most importantly payouts.
Since US based sports books are still slowly rolling out state by state, Bovada.lv is still one of your best options when it comes to full coverage for online sports betting, casino games and poker.
Is Bovada Legit?
It is always important to know where you are putting your money. As a gambler, you are prone to taking risks, but the last thing you want to do is take a risk on site payouts themselves. Offshore sites offer little legal resources if your funds are seized.
For that reason, it is very important that you go with a large and reputable site like Bovada that knows what they are doing AND knows that it is more profitable for them to provide an honest business service rather than cheat a few bets and be blackballed from the industry, killing their business.
Yes, Bovada is legitimate. Here’s a quick summary of how I know this: It’s been operating since 2011, and scam gambling sites don’t last that long It’s run by a highly experienced operator associated with Bodog and some other successful online gambling sites. Bovada is a legit online casino, sportsbook, and poker site. While Bovada was launched in 2011, it is the natural successor to Bodog, an online gaming brand which has been around since 1994. Bodog chose to leave the United States online gambling market in 2011, so a new site with the same combination of proprietary Bodog software and licensed.
Luckily, Bovada has a positive long standing reputation for being legitimate and having fast payouts.
Here are a few reasons why Bovada is a legitimate gambling site:
Bovada Has A Long and Positive Track Record In The Industry
Bovada has a long history in the online gambling arena. It was launched in 2011, and if it were scamming people it would not last that long. On top of that Bovada’s roots stem back to the first sportsbook companies back in 1998.
Bovada.lv is the US version of a company called Bodog, which is owned by Mohawk Morris Gaming Group (MMGG). MMGG is a private company based in Canada and owned by Alwyn Morris, a billionaire and two time olympic medalist in kayaking.
Bovada, Bodog, Mohawk Morris Gaming Group, and it’s founder are all known for their good standing and fast, fair payouts within the online sports betting, gaming and gambling industry.
Bovada Is Known For Fast And Transparent Fees
Players can withdraw money through check or Bitcoin on Bovada.
Bitcoin is much faster and cheaper in terms of fees. If you elect the bitcoin option, you will be paid out in 24-48 hours, with an average payout time under 30 hours. You can also request a bitcoin payout every 3 days for a minimum withdrawal of $20 and a maximum withdrawal of $9500.
If you want to go the traditional currency route, you can receive a check in U.S Dollars within 10 to 15 days. For a minimum of $20 and a maximum of $3000.
For checks, players can receive 1 check every 90 days for free. If you want more payouts within that time frame you must pay $100 to process the additional payment.
As you can see with Bovada, you don’t have to use Bitcoin but it is a faster and cheaper option on the site than a check. The same goes with deposits.
Bovada Offers A Wide Variety of Payment & Withdraw Methods
Bovada allows users to deposit funds via credit card, debit card, and bitcoin.
There are no fees on your first welcome deposit no matter how you decide to pay. Also, be sure to check out all of these promos before you make your first deposit. There are tons of incentives out there for some free money to start playing.
Bovada.lv Credit Card Deposit Fees
For credit card fees, there is a 5.9% fee on subsequent Visa and Mastercard deposits and a 9.9% fee on all American Express deposits. As Bovada is incorporated outside of the United States, your bank may also charge a foreign transaction fee, but that depends on your bank.
There are never any fees on bitcoin deposits.
Also, if you deposit in bitcoin there are larger welcome bonuses as they are encouraging players to use bitcoin to avoid the costs and hassle of payment processors and international wires.
Bovada Review – How To Buy Bitcoin For Bovada
If you are new to bitcoin and live in the United States, we highly recommend you use coinbase.com to buy bitcoin. It is a legal app that connects to your bank account and allows you to buy bitcoin with a few clicks of a button.
You can install the app and connect your back account by following the simple onscreen prompts provided within coinbase. From there, you can send you bitcoin to the address associated with your account on the Bovada platform.
Here is a nice video that easily explains the process on Bovada:
Bovada Has Tons of Great Promos For New & Returning Users
Bovada is always trying to entice new users to join their platform and also existing users to place recurring bets.
Bovada also typically encourages players to use bitcoin and will therefore offer larger or additional bonuses if you make your first deposit.
Bonuses are always changing, but here is where you can find the most up to date promo codes for new and returning Bovada site users
Bovada Review – Is Bovada Legal?
Yes, Bovada.lv is legal and accepts players from the US. There are no federal laws in place that restrict people from placing sportsbets.
However, there are federal laws in place for the companies that take bets and process payments. That is why Bovada is located offshore in Costa Rica.
Furthermore, players must comply with State and local laws around gambling and for that reason Bovada does not accept players from certain states.
Who can and can’t play on Bovada?
Bovada does accept players from the United States, but to eliminate any issues with local laws, Bovada does not accept players from Nevada, Maryland, Delaware, New Jersey, or New York.
Furthermore, some banks may not want to accept deposits or send money to gambling sites. That is why Bovada highly encourages its US players to use Bitcoin.
Why is Bovada a .lv and not bovada.com?
The .lv is a domain extension for Latvia. A country in Europe. However, Bovada uses a .lv because it gives the feeling of LV — Las Vegas.
Does Bovada have a mobile app?
Bovada does have a bet tracking app on the app store, HOWEVER you can not directly place bets within the app. All bets must be placed through the site itself which is easiest on desktop, but also is designed for mobile as well.
If you are placing many bets, or just want to keep up to date with the lines and spreads, the Bovada bet tracking app is a great companion for your phone.
Bovada Customer Service and Security Monitoring : Bovada Review
Bovada has a security staff and gaming experts to monitor for fraud. They also have 24/7 customer service that can be reached through a variety of communication methods. Again, Bovada is in the business of providing a pleasurable gambling business experience. If you are having any trouble interacting with the Bovada platform you can reach them at the following:
You can email them at service@bovada.lv and you’ll get a response within 24 hours.
There is a “chat” icon on their site which usually is attended in that moment, and if not they will reach back out to you within 24 hours.
You can call Bovada on the phone at 1-888-263-0000 – and their customer service representatives are standing by 24/7.
If you’re not in the mood to speak to someone directly, you can always browse Bovada’s FAQ section which has extensive write ups on nearly all of their games and services. The FAQ can also be sorted by category and even has a video library.
Bovada Review – Bovada Sportsbook
Bovada’s sportsbook is often touted as the best online sports book in the industry. Players trust Bovada to place bets, and as a place where they can check official, well-researched betting lines, game spreads, and prop bets.
Most of the action on Bovada’s Sportsbook revolves around Football, Basketball, Hockey, Soccer, UFC and Tennis. However, Bovada’s sportsbook is so large and robust that you can place a wide range of bets on nearly any sporting event.
Bovada even allows you to wager on esports. Also, their dedicated prop team even allows you to bet on politics, entertainment and other events of social interest.
Due to Bovada’s large size and long history, you never have to wait to find action. The betting slips are lightning fast and placing a bet is basically instantaneous.
Note: If you are looking for Daily Fantasy Sports, or Fantasy Sports in the US, you may want to check out our review of Fanduel vs Draftkings.
Types of bets on Bovada Sportsbook
Bovada not only allows people to bet on a variety of sports, but also to place a variety of bets. Players can place a single bet, a parlay, a teaser, a round robin, futures, and props.
What is a single bet?
A single bet is a bet on the outcome of a single game. A single bet can be placed on an outright winner, a point spread, or the over/under on points scored.
What is a Parlay?
A parlay is putting a bunch of matches together into one wager. You need all of your picks to win in order for you to win the parlay. If just one team loses in your parlay, you lose the full parlay bet. Since the odds are harder in a parlay, you will win more if you pick all the winning teams.
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What is a Teaser?
A teaser is similar to a parlay, only you can change the point spreads to better help your odds of correctly picking all the matches. However, when you change the point spreads in your favor you also receive less of a payout when you win.
What is a Round Robin?
A round robin is essentially a combination of parlay bets. You can group each pick accordingly so that you only need to hit one of the parlays in order to win your bet. Placing a round robin bet is a bit of an advanced strategy that we won’t cover in this article.
What are Futures?
Futures are picking outcomes far into the future. For instance, betting on who will win the Superbowl at the beginning of the season. These bets play like a single wager bet, only the payouts are larger as so many more variables can come into play over the course of a season rather than a game.
What are Prop Bets?
Prop bets are fun and don’t directly deal with the score of the game itself. You can bet on individual players, or things like the length of the national anthem. People often place prop bets on politics, pop culture, or really anything. With prop bets, if you can dream it and someone else will take the action, you can bet on it.
Other Games on Bovada : Bovada Review
Bovada offers a full online casino with poker, slots, roulette and really any game you would find at a Vegas casino, only in digital format. As Bovada.lv is one of the largest online casinos, their software and games tend to be the newest and top of the line.
Bovada also offers live dealer games. These games allow you to play poker, black jack and other games in real time with a live dealer through video streaming.
Bovada offers a wide range of horse races to bet on from the comfort of your own home or via your mobile device.
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Bovada Bonuses & Promo Codes
Bovada offers a wide array of bonuses and particularly likes to entice new users. New users get a 25% bonus on the money they deposit (up to $250). If a new user is willing to use Bitcoin Bovada will give them a bonus code of 50% up to $500. $500 free dollars is a great way to start off winning.
At sportsmoneyline.com, we keep all the most recent bovada bonus codes up to date right here in this Bovada review. You can find the best promo codes for your situation by visiting this page:
Conclusion – Is Bovada Worth It?
Over all Bovada is definitely legit and worth it. It is by far the biggest online casino and has an excellent reputation that the company is very careful to uphold.
When it comes to online offshore casinos it is all about trust if they want to stay in businesses. Luckily, Bovada knows that and therefore offers some of the fastest payouts and new player bonuses in the business.
Bovada Sports Lines
Whether you are new to online gambling or playing on other sites Bovada is a fantastic option for betting on sports, horses, esports, of classic casino games.
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Thanks for reading our Bovada Review and best of luck if you do decide to play.