The Fourth of July is a month away, but Bovada’s giving site members a chance to declare their independence from fiat currency right now!
With Bovada’s June Crypto Giveaway, players who deposit with any supported cryptocurrency – Bitcoin, Bitcoin Cash, Litecoin, or Ethereum – will be entered into weekly drawings for huge crypto rewards.
Every seven days, five lucky winners will split one quarter of a Bitcoin (0.25 BTC) between them.
The prizes will be paid out in cash, based on the current BTC price at the time of the drawing.
For example, if the weekly drawing were held right now, each winner would receive approximately $1800.
But wait, there’s more!
At the end of the month, one final raffle will determine three big winners, with the grand prize being an entire Bitcoin!
Today, BTC is being traded at just over $36,000, so that’s quite a chunk of change.
The second prize of the drawing is one entire Ethereum coin (current value $2780), while third prize is a whole Litecoin (current value $177).
If you’re a brand-new Bovada member, you’ll get four weekly raffle tickets for your first deposit, as well as entry into the final drawing.
Existing players get a single raffle entry with their deposit (limit one per week), as well as a single entry into the final drawing.
To be eligible, players must make a $20 minimum deposit using any accepted cryptocurrency, and weekly tickets are good only for the current week of the giveaway.
For winners, there are no strings attached. The money is yours to keep, and you can withdraw the funds immediately.
There are no rollover or playthrough requirements, either, and there are no betting or market requirements.
That means you can put your deposit towards legal online sports betting in the Bovada Sportsbook, play online tournament poker in the Bovada Poker Room, or hit the virtual felts in the Bovada Casino. You can even bet horses at the site’s international racebook!
Winners will be announced every Thursday during the June Crypto Giveaway event.
Note: The crypto market is famously volatile. While winners will be paid out in cash equivalents of coin value, you can convert that cash into any crypto of your choice. For reference, the Bitcoin ATH is roughly $63,000, while the ATH for Ethereum is $4200 and Litecoin’s ATH is $414.