| Updated: November 4, 2021Bovada is a trustworthy online sportsbook that went online in 2011, and at the moment, it operates under a license issued by the Government of Curacao. The brand offers various services, including sports betting, horse racing betting, and gambling. However, the sportsbook is the jewel in the crown.
The betting platform offers above-average odds and plenty of betting markets. Sports fans can wager their money on various major sports such as hockey, baseball, basketball, tennis, and others.
Niche sports are also not left behind. The betting site accepts wagers on darts, motorsports, table tennis, winter sports, and others. If you are not interested in sports, you can wager on politics, public events, and reality shows.
Full Bonus Terms and Conditions
Provided that you decide to join Bovada, you can benefit from a Welcome Bonus of up to $250. The minimum qualifying deposit is $20. If you redeem the promotion, you will have your initial deposit boosted by 50%. The bookie will credit the bonus funds to your account within 30 minutes of processing your deposit. Please note that the bonus is valid for six months. If you do not use it or fail to meet the wagering requirement within this time frame, the bonus will expire.
Only new registrants can benefit from the sign-up deal upon depositing funds to their accounts. The promotion is available to recreational players residing in the United States only. The operator allows its users to choose whether to use the Welcome Bonus to play casino games, wager on sporting events, or bet on horse races.
Wagering Requirements
The Sports Welcome Bonus comes with a wagering requirement of 5x. Fans of horse races have to deal with the same playthrough requirement of 5x. Members of Bovada should know that the wagering condition pertains to the initial deposit and bonus funds.
To illustrate how the wagering requirement works, we would like to use an example. If you deposit $100, you will receive $50 in the form of bonus funds. Then, you are required to wager ($100 + $50) x 5 = $750. If you withdraw your funds before the wagering requirement is met, the operator will forfeit the bonus funds and any winnings generated from them.
Other Bonus Rules
Please note that according to the bonus terms and conditions, prohibited play is a form of bonus abuse that may result in account termination. Two-tier betting, all-in type of wagering, and using a betting system are some examples of prohibited play. Before you redeem the promotion, make sure that you get acquainted with the bonus terms and conditions. As for the maximum bet allowed while playing with an active bonus, sports fans can wager up to 50% of their initial deposit.
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