Bovada Bonus Code and Rewards
Online sports betting is a highly-competitive market. To attract new bettors to try their platform, sportsbooks dangle free money in the form of bonus promotions.
The promotions usually work something like this: you deposit (insert amount of money here) and we’ll match (enter a percentage here) a portion of it with free money. Of course, that initial deposit and match amount varies greatly per site — and that’s what ultimately makes one better or worse than the other.
Bovada, despite its long-standing name, is no different and has its own Bovada bonus.
Here’s the kicker: the Bovada bonus code isn’t one in the same. There are separate ones for its sportsbook, casino, and more unique ones involving Bitcoin and other cryptocurrencies.
This guide will break down each Bovada promo code, along with the associated Bovada rewards for each. There are pros and cons to each, but anytime you’re dealing with free money, the good typically outweighs the bad.
Also, be sure to check out our Bovada review for a complete breakdown of the site. Believe us, the Bovada promotions is only the tip of the iceberg and it has so much more to offer.
- 24/7, easy access Customer Service
- Easy deposits and quick payouts
- Regular bonus offers and promotions
Bovada Sign-Up Bonus Rules
1st DEPOSIT & BONUS EARNED
- $50 deposit earns $25 Free Bet
- $100 deposit earns $50 Free Bet
- $250 deposit earns $125 Free Bet
- $500 deposit earns $250 Free Bet
- Wager $225 to cash a $25 bonus
- Wager $450 to cash a $50 bonus
- Wager $1,125 to cash a $125 bonus
- Wager $2,250 to cash a $250 bonus
Bovada Sports Bonus code
Let’s begin with Bovada’s extensive online sportsbook. The Bovada sports bonus code can be redeemed for up to $250 in free play.
Bovada caps its welcome bonus in sports at a modest 50%. That means whatever you initially deposit into the sportsbook, you’ll get half of it returned in free money. However, a $250 return is the max payout. To earn it, you’ll need to deposit $500.
Of course, don’t feel pressured to bet the full $500. If you want to simply “test drive” the betting site, deposit a more meager amount. Just know, you’ll be leaving money on the table if it’s anything under a $500 deposit.
After the deposit, your free bonus will be available for wagering in 30 minutes or less. That’s a super quick turnaround time and should be commended.
We’d be remiss not to mention the rollover requirement, though. Sportsbooks don’t allow you to cash out the free money and initial deposit until you’ve met this requirement. At Bovada, the rollover is 5X in sports.
Let’s do the math to simplify. Say you did deposit $500, thus netting you $250 in free money and a starting betting pot of $750. The last number, $750, needs to be multiplied by 5 and that’s your rollover requirement ($3750). So you can’t withdraw any money until your total wagered amount equals or exceeds $3,750.
Bovada Casino bonus code
Bovada also offers a full-service casino with hundreds of slot machines, classic card games (e.g. poker and blackjack), roulette, and other casino staples.
With that, there’s a Bovada casino bonus code that strictly pertains to these games (therefore, not applicable on the sportsbook).
Unlike the sportsbook promotion, you’ll need to use a true code to unlock the bonus. It’s not automatic.
The Bovada bonus code 2019 is “NEWWELCOME” and it’s a hefty promotion. It’s worth a full 100% match with a max bonus amount of $1,000 — which is monstrous compared to its sportsbook offering.
However, it gets better: a bonus worth the same amount can be redeemed twice more after the initial deposit. You’ll just have to use separate Bovada codes — BV2NDCWB — to unlock it. All in all, Bovada bonus funds can reach as much as $3,000 in free casino play.
The only caveat here is the rollover requirement is no chump change. The playthrough requirement is set at 25X before withdrawals are allowed on the free money.
Moreover, free play can’t be applied to every single game. The notable exception being live dealer games. In the same token, live dealer contests and craps don’t count toward meeting rollover requirements.
Other Bovada welcome bonus
Outside the sports and casino bonus, there’s few other unique Bovada welcome bonus.
Two of the big sign-up bonuses revolve around Bitcoin.
Bovada is backing Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, and LiteCoin big time as the go-to deposit and withdrawal method. Well, they’re putting their money where their mouth is with these unbeatable offers.
Casino Bitcoin Bovada Sign Up Bonus
Bovada has somehow upped the aforementioned casino promotion with its Bitcoin-specific offering. Instead of $1,000 at a 100% match, Bovada is offering bettors up to $1,250 at 125% match in free casino money if their initial deposit is with Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum and LiteCoin. To redeem the offer, you’ll need to key in the “BTCCWB1250” code to instantly earn the return.
Just like the other casino promotion, the Bitcoin one can also be redeemed two more times after the initial deposit at the same exact 125% match and $1,250 max payout. This is a different code, however, so be sure to claim it at with “BTC2NDCWB”.
If you take advantage of all three promotions at max value, you can earn back $3,750 in free casino play! We probably don’t have to remind you how far that amount can go!
But again, the rollover requirement here is 25X before deposit money, bonus amount, and winnings can be withdrawn. So you’ll be playing a ton before you can cash out, but is that really a bad problem to have?
Sports Bitcoin Bovada Sign Up Bonus
Similarly, Bovada is offering a Bitcoin-only promotion for its sportsbook. It’s not near the level of its offering for the casino, but it does outdo its regular sportsbook deal when not using Bitcoin.
The promotion runs at a 75% match bonus up to $750, and valid when initially depositing with Bitcoin or Bitcoin Cash. That’s a 25% and $250 higher match and max payout than its normal sports welcome bonus.
If these outrageously high promotions offers haven’t yet convinced you to try Bitcoin, then perhaps its security and quick transfer time will. Ultimately, both are the biggest benefits of using Bitcoin over say check or card services.
Without any information living on a server, Bitcoin is more secure than using standard payment methods. Not to jinx it, but up until now, Bitcoin has never been hacked — and that’s saying something in today’s climate.
Moreover, there are little to no transfer fees associated with Bitcoin, both in depositing and withdrawing money. Whereas wait times in receiving money by check can be weeks, it takes less than one business day with Bitcoin.
All things considered between the Bovada Bitcoin bonus, security, and transfer time, there’s no reason you shouldn’t be using Bitcoin at this point.
The other accepted cryptos, Bitcoin SV, Bitcoin Cash, Ethereum, and LiteCoin have similar bonuses, promotions and terms, and conditions.
Bovada No Deposit Bonus
Believe it or not, bonuses aren’t all predicated on depositing money. Sometimes, a sportsbook will give you outright free money without you having to do anything. It may sound too good to be true, but they in fact exist and these luxuries are intuitively called no-deposit bonuses.
The promotions don’t come anywhere near matching what’s offered on initial deposit. Typically, you can expect between $5 to $25 in no-deposit bonus code. Offers are usually broken up into sportsbook- and casino-only free play.
However, there are currently zero Bovada no deposit bonus code to speak of. That doesn’t mean they won’t change their tune eventually and offer unique Bovada lv no deposit bonus, though, because they have in the past.
Still, the aforementioned promotions in the sportsbook, casino, and when using Bitcoin should make up for it, even if an initial deposit is required. The free play you can earn with those offers far exceeds a measly no-deposit payout.
Other Bovada Bonus Offers
Bovada is also offering a poker-only welcome bonus. It’s a 100% match with a max payout of $500. This is code-based, so make sure to use “PWB500” when initially depositing in the poker room.
The bonus money is awarded in increments, however. They’re unlocked in $5 intervals based on how many reward points you earn while playing. Due to this, there’s zero rollover requirements.
Last but not least, there’s also a Bovada referral bonus. Refer a friend to Bovada’s platform and you’ll get a 200% bonus on their initial deposit. Payouts are capped at $100, however.
But get this, if your friend’s initial deposit comes in the form of Bitcoin, you’ll get an extra $25. So spread the word, not only about Bovada, but Bitcoin too!
Well, that covers it for our Bovada bonus guide. It’s time to start collecting these bonus funds Bovada so get to it right away!