The best way to know if Bovada is legit is by reading a good Bovada payout and withdrawal review. In recent years, Bovada has had positive feedback from its users mainly for its payouts and withdrawals.
This has added to its already growing popularity making it one of the best online betting platforms in the country. If an online betting site doesn't have trustworthy payment options, players are bound to run from it. Read on to get a review on whether Bovada is reliable when it comes to your payments or not.
Nonetheless, Bovada was the choice and switching now seems statistically unethical. Assuming a -120 payout for 2-team teasers, we must demonstrate better than 73.9% probability on each leg to show we have breakeven-or-better EV. For a -130 payout on 3-team sweethearts, that threshold is 82.7%. Bovada runs a very busy tournament schedule which is the cause of much excitement. They even update their website with all the changes they introduce to their client's tournament schedule, so you are always in the know with regards to new and upcoming games. Looking into the traffic, we couldn't fail to notice that the game limits are very affordable and regardless of the budget you have. With regards to Bovada's payout times, expect Bitcoin withdrawals within minutes of them being processed. If you choose to withdraw by check, expect your check within 10 days. The minimum withdrawal is $20. The maximum is $3,000 by check every 1-7 days and $9,500 by Bitcoin every 1-3 days.
Payout Options
With online traffic ten times bigger than its competitors, it might be hard to imagine how Bovada manages its payouts. Even with a busy schedule, Bovada has the fastest payouts you can get from a gambling site. Bovada does its payouts in two common ways given below:-
- Through a courier
- Through BitCoin payments.
These methods are reliable and ensure that you receive your payments on time. However, some other common exclusions do not offer services at Bovada. Here is an example for you to know:-
Bovada Payout Methods
- PayPal – The renowned service disallows any transaction made to/from a gambling site as per its policies. It is better to look for an easy service such as BitCoin.
An important thing to know about Bovada's payouts is that there is no specified fee. It has one free payout option for a month. This is quite good for you if you regulate yourself to one payout per month. However, some methods like paper checks require payment of a certain charge.
Withdrawal Options
When it comes to withdrawing your winnings, Bovada provides some convenient options. Here are a few for you to know:-
- Visa Credit/Debit Card: One of the most convenient ways to withdraw your money is by using a card. However, your card should meet the requirements set to allow such payments. Card transfers have been quite successful in recent times that mean they are a reliable way that you can use.
- BitCoin: the method is 100% secure and usually results in instant payouts and withdrawals. To top it off, there are no transfer fees.
- Money Transfer through MoneyGram or Western Union: The transfer time ranges between 1-2 days. Services are fast and efficient with a limit as high as $1000. There is a service fee charged depending on the amount.
- Bank Wires: These are good for you if you are okay with delayed payments. The service mostly takes around 2-10 days with a limit as high as $10000. You will also pay a service fee in this that depends entirely on your withdrawn amount.
- Using a Courier Service: This usually takes around 2 to 4 days. There is a fee for the transfer, and the maximum limit ranges around $3000.
Bovada may have a limited amount of payout and withdrawal options, but it has a high quality of service. As each term progresses, there are lesser complaints of late payouts or withdrawals. Bovada has a separate customer support department that deals with all payment related queries. This indicates how much Bovada has worked to maintain its usual high standards in a difficult market.
Bovada Payout Delay Rules
This is the conclusion of our post on Bovada payout and withdrawal review. Hope you learned a lot. See ya!
