- Bovada.lv has the fastest cashouts for US players as of now (unless you live in Delaware, Nevada and New Jersey where you can order ACH cashouts at regulated online poker rooms). Bovada delivers checks in 1-2 weeks (recent reports indicate that they deliver these in 10 days) when many of their competitors take several weeks and some even months.
- Jul 25, 2019 Bovada does not pay my money since February. I have a total of $30,300 in Bovada and they are not paying. I had around $17,500 and made a bet on a basketball game and won.
- Based on the closing line at Bovada to determine which games qualify as Wong bets. Since u/blackjackcounter used Bovada's closing lines, I will continue to use it. You can verify these lines at sbrodds.com. 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.
EXPLAINED: How to win $250 Welcome Bonus at Bovada Sportsbook
![Does Does](https://www.topsportsbetting.com/wp-content/uploads/2020/03/Bovada_screenshots_2.jpg)
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We will try to answer how to win Bovada Welcome Bonus and check their promo codes.
Bookmakers attract players with all kinds of bonuses but an average bettor usually never read the rules. To win those bonuses he needs to understand their requirements and set the right strategy. Today I will explain how you can win a bonus at Bovada. 3 card poker online.
Bovada is one of the most trusted brands in sports betting world and it is especially attractive for US players.
They offer:
- 50% Sports Welcome Bonus up to $250
- $5000 Bitcoin Welcome Bonus
- $3000 Casino Welcome Bonus
- 100% Poker Welcome Bonus
- 200% up to $100 Refer-a-Friend Bonus
- Score your own points betting on sports and playing casino
In this article we will focus on 50% Sports Betting Welcome Bonus
50% Sports Welcome Bonus up to $250:
- Step one: Open account
- Step Two: Make a deposit and instantly receive a 50% bonus up to $250
- Requirements: Rollover is 5X Sports/5X Horses/30X Casino
HOW TO WIN THIS BONUS?
First of all you should be patient, because if you make a withdrawal before you met this criteria all your bonus and winnings from bonus will be fortified.
- Make a Deposit of $250.00
- Received Bonus $125.00 – (This is the money Bovada will add to your account balance)
- Your account balance after bonus $375.00 – This is the balance after you receive your bonus
- Roll-over requirements $2,062.50 – (The rule is clear: Rollover is 5X Sports/5X Horses/30X Casino on both the initial deposit and the bonus amount. Rollover in Sportsbook, for winning wagers, will be determined by the lesser of your risk or win amount at the time of wager settlement; for losing wagers your risk amount will be credited to your rollover contribution.). The formula for rollover is 5*$375*1.1. If you bet on a game with probability of 50% on their odds and their juice, you will risk $10 to win $9. If you win your roll-over is $9. If you lose your “roll-over” is $10. This is why I multiply with 1.1 to adjust the rollover number.
- Recommended stake (2%) $7.50 – (This is my recommended stake and it can be 1%, but you will need more time to complete this task. 2% is max play I recommend)
- Estimated No of bets 275 – (This is estimated number of bets you will need to make if you will bet $7.5 on every single game, which is exactly 2% of your account balance after you receive your bonus)
- Odds (-110) 1.91 – (Those are their odds on spreads and the totals. I took -110 for my calculations)
How to win this bonus?
How Does Bovada Pay You
Play the pixies. In the table above we have different winning percentages and the profit including bonus, after you roll-over 5 times.
How Does Bovada Payout Work
Here is my 3 Month plan:
- Make around 275 bets with $2.75 per play.
- Hit at least 50% of games, because if your record will be 49% you will not make a profit, despite they give you $125 of bonus.
Skilled bettor or lucky bettor?
![Problems with bovada payout checks Problems with bovada payout checks](https://d2ta4x7gamgoz8.cloudfront.net/system/slot/screenshots/attachments/000/095/926/original/1.jpg?1564830290)
How Does Bovada Pay Your Mortgage
Most bettors are not skilled bettors, this is why 98% of them lose on the long run. However, here we can be little bit more optimistic, because even if you are not skilled bettor and if you blindly bet on games, that have 50% of chance (in this case Bovada odds -110), then you can expect 50% result on the long run. And as you see, record of 50% will make some benefit from taking this bonus.
I would recommend:
How Does Bovada Pay You Bill
- Play only -110 odds on spread and totals (NBA, NFL, NCAAF, CFB, European basketball,…).
- Bet 2% of your account balance, which will be exactly $325 after you make a deposit and immediately receive bonus.
- Don’t change the stake – always bet $7.5
- Be patient and stay disciplined until you don’t make enough bets (roll-over requirements)
- Always analyse games to increase your chances. I can show you how I do it in my Online Betting Course.