Bovada Sports Betting Bonuses And Promotions
Bovada is arguably the most popular legal online sports betting site for US-based gamblers, and it offers a number of bonus promos to entice new players and keep existing players coming back for more. That said, Bovada online sportsbook bonuses and promotions are not the biggest in the industry. Of course, that’s hardly a bad thing, because Bovada offers players the best rollover rates on the market, and it’s not even close!
As most bettors know, the true value of online sportsbook bonuses isn’t in the amount of extra funds available, but in how bettor-friendly the terms and conditions are. Bovada bonus options come with the lowest playthroughs of any major online sportsbook, topping out at just 5X. Most other sites require rollovers of 10X-15X, which means you can’t claim payouts nearly as quickly. For more about all the Bovada incentives available right now, our Bovada bonus code guide is the best perk yet!
Standard Bovada Bonus Offers
Year-round, Bovada consistently offers the same standard sports betting bonuses to new members. Unlike other sites, however, Bovada specials are almost always limited to sign-up bonuses rather than account reload bonuses.
Many bettors think this is a negative, but from Bovada’s perspective – based on the quality and comprehensive nature of the Bovada sportsbook – once you join, you’re probably going to stay.
That said, Bovada has recently unveiled a reload bonus program for existing members who specifically and exclusively wager with cryptocurrency (see below).
Right now, these are the tried-and-true Bovada bonuses that prospective members will always have access to when signing up:
- 50% Deposit Match Bovada Sports Welcome Bonus – Up To $1000**
- 75% Deposit Match Bovada Bitcoin Sports Welcome Bonus – Up To $750
- 200% Refer-A-Friend Bovada Bonus – Up To $100 (+$25 for BTC/crypto)
**This welcome bonus offer usually maxes out at $250. For a limited time, our audience will receive a max of $1000 using bonus code: BVD1000. SBL, along with select other partners, was invited to be a part of this limited-time exclusive Bovada sign-up bonus promotion.
Enhanced Bovada Bitcoin Bonus Offers
As you can see above, if you sign up with Bovada and claim a new member Bovada deposit bonus, you’ll get more bang for your buck by making your first deposit using Bitcoin. Bitcoin betting is always good for extra free money at all the leading sports betting sites, and Bovada LV is no exception.
Even better, despite its name, the Bovada Bitcoin bonus isn’t just for Bitcoin. You can actually claim these special perks regardless of the specific crypto coin you use to top off your account!
Bovada currently supports the following cryptocurrencies, and all of them make you eligible to claim the site’s enhanced BTC bonus offer:
Bovada Premium Bitcoin-Exclusive Membership
Earlier, we mentioned that Bovada typically doesn’t offer account reload bonuses for existing members. However, you can now claim weekly Bovada sportsbook reload bonuses by upgrading your account to the new Premium Bitcoin-Exclusive Membership tier.
This is a free upgrade for all Bovada members, and you can enroll right through your account portal once you enter your Bovada login credentials at the site via desktop or mobile.
The Bovada Bitcoin-Exclusive Membership level offers bettors the following perks and incentives:
- Weekly Deposit Match Bonus – 50% Up To $500
- Weekly Free Spins – 25 Free Spins (Bovada Casino only, $30 min.)
- Bonus Reward Points – 15,000 Bovada Rewards Points per weekly deposit ($30 min.)
Note: Unlike Bovada BTC bonuses for new members, the Premium Bitcoin-Exclusive Membership is only valid for those players using Bitcoin itself. At this time, other crypto deposit options like BCH, BSV, LTC, and ETH are not eligible for this enhanced account plan.
Unadvertised Bovada Special Bonus Offers
Occasionally, Bovada releases special bonus codes to select online partners. These promotions are not advertised by the site, and you can only find them online. Our current exclusive promo upgrades Bovada’s typical $250 Sign-Up Bonus to a 50% deposit match offer worth up to $1000, all with the same low 5X rollover rate!
Bovada Limited-Time Sports Bonus Offers
Unlike Bovada offers that come standard to all new members year-round, the site sometimes features limited-time promotions for special events, tournaments, and the first few weeks of popular sporting seasons.
To kick off the 2021 NFL season, you can take advantage of the exclusive Bovada NFL Kickoff Giveaway promotion. During this five-week contest, eight lucky participants will win $5600 at each weekly raffle drawing, and the grand prize is an all-expenses-paid trip for two to Super Bowl 56 in Los Angeles!
Bovada Referral Bonus
Bovada’s refer-a-friend promo is available to all existing members and requires no Bovada bonus codes to activate. Instead, when you want to send an acquaintance a link to the Bovada sign-up portal, you’ll simply navigate to the site’s Promotions tab, select the referral option, and copy down your unique referral ID.
You can send this to as many people as you like, and you’ll get a 200% deposit match – based on their deposit – for up to $100. If your referral deposits in cryptocurrency, Bovada will give you another $25 on top of the deposit match.
Bovada Promo Codes 2021
- SBL Reader 50% Sports Welcome Bonus Up To $1000 - Bovada Bonus Code: BVD1000
- 75% Bitcoin Sports Bonus Up To $750 - Bovada Bonus Code: BTCSWB750
- 50% Sports Welcome Bonus Up To $250 - Bovada Bonus Code: N/A
- 200% Bovada Refer-A-Friend Bonus Up To $100 - Bovada Bonus Code: N/A
- 200% Bovada Bitcoin Refer-A-Friend Bonus Up To $125 - Bovada Bonus Code: N/A
Bovada Bonus Rollover Explained
As with all legal online sportsbooks, Bovada bonus options come with rollover requirements. However, while other sites mandate a 10X to 15X rollover rate, all Bovada sports betting bonuses come with an industry-best 5X rollover.
Let’s say you transfer $100 into your Bovada account and claim the typical Bovada sportsbook promo that matches your deposit by 50% up to $250. This bonus takes your $100 and adds $50 to your bankroll, for a total credit of $150.
At Bovada, this bonus is capped at a 5X rollover requirement. This means you must wager a total betting handle of $150 X 5, or $750. For even the most cautious sports bettors, this is easy to meet, and all rollover terms can be satisfied within just a few weeks of casual sports gambling on your favorite daily and weekly games.
Now, compare this to Bovada’s competitors. Let’s say you go with another big site (we always recommend signing up at several operators for line shopping purposes) and put in $100. The site might match your deposit by 100%, which yields a grand total deposit credit of $200.
That’s pretty good, but when you factor in that site’s 10X-15X rollover requirement, you’ve got to wager between $2000 and $3000 before you can withdraw. This, too, is perfectly achievable for most bettors, but it will always take longer to satisfy the terms and conditions.
Bovada Rewards Program
Anyone who joins Bovada is automatically enrolled in the site’s rewards program, as there’s no commitment or cost involved for the player. In all, there are six Bovada rewards levels, each of which unlocks more perks for online sports gamblers:
Level 1: Unlocks at 0 points, earns 2500 rewards points per $1 wagered
Level 1: Unlocks at 2500 points, earns 2500 rewards points per $1 wagered
Level 2: Unlocks at 5000 points, earns 2500 rewards points per $1 wagered
Level 3: Unlocks at 10,000 points, earns 2500 rewards points per $1 wagered
Level 1: Unlocks at 25,000 points, earns 1666 rewards points per $1 wagered
Level 2: Unlocks at 40,000 points, earns 1666 rewards points per $1 wagered
Level 3: Unlocks at 60,000 points, earns 1666 rewards points per $1 wagered
Level 1: Unlocks at 150,000 points, earns 1250 rewards points per $1 wagered
Level 2: Unlocks at 250,000 points, earns 1250 rewards points per $1 wagered
Level 3: Unlocks at 500,000 points, earns 1250 rewards points per $1 wagered
Level 1: Unlocks at 1,000,000 points, earns 1000 rewards points per $1 wagered
Level 2: Unlocks at 1,500,000 points, earns 1000 rewards points per $1 wagered
Level 3: Unlocks at 2,500,000 points, earns 1000 rewards points per $1 wagered
Level 1: Unlocks at 5,000,000 points, earns 1000 rewards points per $1 wagered
Bovada Rewards points are earned regardless of the kinds of wagering in which you participate (i.e. sports, casino, poker, horse racing), but the points accrual rates are different for each market and type of bet. The following points accrue in addition to the rates listed above for each Bovada Rewards tier:
- Sports Singles Bets: 3 points per $1
- Sports Teasers Bets: 15 points per $1
- Sports Round Robin Bets: 25 points per $1
- Sports Parlay Bets: 25 points per $1
Bovada Rewards points can be redeemed for cash bonuses anytime, and you can cash in some or all of your balance. (Bovada points can also be used to redeem free online poker tournament tickets in the Bovada Poker Room.)
Note: There is no special Bovada Rewards code required to enroll in the program or claim any related perks or incentives, as all site members earn Bovada Rewards by default whenever they place wagers at the site.
Bovada Bonus FAQs
You can claim a Bovada sportsbook bonus at any time by selecting the specific promotion from the menu at the Bovada cashier during the deposit process.
Most bonuses do not require a Bovada deposit bonus code, as you can simply select the option from the list.
However, non-standard bonuses, limited-time bonuses, or special event promos do require a code, which you can find on this page.
For most bonuses, you are not required to enter a Bovada sports betting bonus code.
However, if any special bonuses are available, you can find that deal’s current promo code right here and enter it into the requisite field during the sign-up or depositing process.
Our current SBL Bovada promo code is BVD1000 and offers new members a 50% deposit match bonus worth up to $1000 (5X rollover). This replaces the site’s typical $250 sign-up bonus.
Bovada sportsbook reload bonuses are typically not offered, and if you find any such codes advertised online, these are scams.
That said, Bovada Premium Bitcoin-Exclusive members can claim account reload bonuses automatically when they top off their accounts with BTC, and no Bovada promo codes are required.
Years ago, Bovada no-deposit bonus options were available frequently. However, these are no longer typically offered.
If you come across any site displaying a Bovada no-deposit promo code, beware: These are either outdated or illegitimate.
Occasionally, Bovada will offer a risk-free bet option that refunds losing first-time wagers of between $25 and $50 for new members, but these are always posted for a limited time only.
All winnings earned via Bovada bonuses may be withdrawn at any time by any supported online bet funding method, provided you have met all applicable rollover requirements.
Your Bovada account portal will show you how much you have left to wager before being eligible to claim any bonus payouts.
Bovada sports betting bonuses apply only to the site’s sportsbook and racebook.
Otherwise, you must accept a Bovada Casino bonus for casino play and a Bovada Poker bonus for online poker.
In other words, sports betting promo rollover requirements are only satisfied when you bet sports or bet the ponies, while casino bonuses are only satisfied when you play online casino games.
Poker bonuses apply to poker specifically, and these do not come with rollover requirements but are instead disbursed incrementally according to the number of hands played.
This depends on the type of sports bettor you are.
If you want the biggest bonuses, Bovada rarely offers promos that match the highest ends of those available at competing sites.
However, as stated, Bovada sports bonus rollover requirements are much lower than those offered by any other legitimate legal sportsbook online.
All things considered, as seasoned bettors ourselves, we always value lower rollover rates over higher deposit bonuses, because these allow us to withdraw our winnings much more quickly.