Here I am back with another casino review.
Today I will talk about Bovada and how its payment system works. If you have played at Bovada and want to cash out, this article helps you. Also, if you are new to the site and are worried about the money stuff, this article will make things clear for you. So, just keep reading and find out:
- Is it legal to withdraw from Bovada?
- Is it easy to withdraw money from Bovada?
- Bovada withdrawal fees.
- Bovada withdrawal verification and transaction time.
Is It Legal To Play At, And Withdraw From Bovada?
The answer is yes. Bovada is a legitimate gambling site that separated from its sister brand-Bodog- and now operates under its own brand. The site is US-friendly and American players can easily and confidently play here, deposit and cash out. The site Kahnawake Gambling Commission licensure was valid until 2016. But since they did not renew it, the site is operating without a license at the time being. But, because the operator also ran Bodog-another big brand in the US gambling industry- I feel confident about the legitimacy of Bovada. However, I do not mean to overlook their lack of license. Do your research and consider the risks of gambling at an unlicensed site. According to the site record and my research, you can trust them and gamble here.
Who Can Play at Bovada?
Although I have said that the site is pretty US-friendly, players from Delaware, Maryland, New Jersey, and Nevada states are not welcome here.
Unfortunately, they have not provided a complete list of restricted countries. But, I did some research and learned that the following countries do not have access to Bovada services:
- UK
- Iran
- Australia
- Ireland
- Canada
- Italy
- France
- Spain
- Germany
- Austria
- Switzerland
In addition to the above list, many other countries do not have access to this site because Bovada primarily caters US gambling market.
What We Like About Bovada
The user interface, web design, navigation, and user experience at Bovada are world-class. The site is simple, clean, and has a good responsive design-usable on any device.
When it comes to on-time payouts and fair customer service, Bovada has a long history and a good reputation. They review withdrawals fast, and payments are processed rapidly. Players who deposit or withdraw using BTC will get their money within minutes after the cashier approves their request. It is great that they accept Bitcoin as a deposit and withdrawal method. But be aware that according to the site terms of payments, withdrawals may take up to 48 hours to be reviewed. So, don’t forget to read the payment terms and conditions well before funding your account. Because if you miss a point, you cannot complain about it. It is on you. Also, other payment methods will take longer, and the withdrawal process varies depending on the payment method. BTW, you can check the site Financial faq to get your answers to payment-related questions.
I will sound biased if I don’t tell you the bad stuff about this site. So, let’s go over the drawbacks of Bovada:
What We Do Not Like About Bovada
A big drawback is Bovada withdrawal fees which will be charged to credit or debit card deposits and withdrawals. If you choose to fund your account via credit or debit card, Bovada will give you a one-time free deposit. They charge a 5.9% fee on all your subsequent deposits using VISA and Mastercard. If you use Amex, you should pay a 9.9% fee. Take a look at the site explanation for deposit fees:
For withdrawals, Bitcoin transfers are free. On the other hand, if you decide to use checks, the first request each month will be free, and a $50 flat fee will be charged for the consecutive check transactions.
I suggest avoiding these unnecessary fees and trying Bitcoin. If you have not used BTC before, it may scare you off. But you should not worry because Bovada put together a detailed and comprehensive BTC guide to help you make your transactions using Bitcoin. Using bitcoin, you will see that it is so easy to withdraw from Bovada. There is a way that many users try to cash out using Bitcoin, which is: Bovada to a cryptocurrency wallet, cryptocurrency wallet to a platform like Binance, Binance to PayPal, or Bank. This is the way!
Step by Step Guide on How to Withdraw from Bovada
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Create a blockchain or cryptocurrency wallet
You can create your cryptocurrency wallet on any trusted platform like Binance, Bitpay, Coinbase, etc. You can easily visit their site or application and follow the easy steps stated in their guide to create and activate your crypto wallet.
-
Withdraw your winnings from Bovada
Take the following steps:
- Open your cryptocurrency Wallet.
- Select the receive option to receive the funds.
- Tap the copy icon and copy the address to your clipboard, which looks something like this: btsff23VJ890atrbcsoir34sa
- Then, go to your Bovada account on your phone and select Withdraw.
- Select Bitcoin.
- Paste what you copied from your cryptocurrency wallet into the Wallet Address
- Enter your 4-digit security code as well as the amount you wish to withdraw.
- Check the “I agree”
- Tap request withdrawal.
At this stage, a confirmation screen will confirm the submission of your request. Your request will be processed maximum within 48 hours. Once the withdrawal request is processed and completed, you will receive a confirmation email.
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Send the funds to your database of choice
Now that your withdrawal request is completed, you should return to your crypto wallet and you should be able to see the balance. Don’t panic, the BTC price fluctuation may cause your received fund to be off by one dollar or so. Now, take the following steps:
- Open your crypto wallet app.
- Scroll and select your BTC or Bitcoin wallet.
- Select QR code button or cope the address to your clipboard.
- Return to your crypto wallet.
- To send your funds, select send
- If you used the QR code, the address will be automatically added. If you copied the address, you should paste it into the “to”
- Choose the amount of your balance you wish to send.
- Tap on send.
Now, you will see a pop-up confirming the delivery. In the meantime, you receive a notification from your cryptocurrency wallet alerting you received Bitcoin. Now:
- Return to the crypto wallet app.
- Scroll and select Bitcoin wallet.
Here, you should wait until the pending delivery sign turns to delivered.
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Exchange your Bitcoins for USD
You are almost finished! The last thing you should do is exchange the BTC for USD and transfer it to your bank or PayPal account.
- Open your crypto wallet app.
- Scroll and select your BTC wallet.
- Select sell.
- Select or write the amount you wish to sell.
- Review the information and tap on “confirm sale”.
You receive confirmation for executed sale and you are good to go to the last step.
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Withdraw your money to your Bank or PayPal account
Now, you can transfer your fund into your bank or PayPal account. You can set up a bank account by going to the setting section of your wallet app.
- Tap on accounts.
- Select cash (USD).
- Select withdraw.
And you are done!
Kindly note that the icon representations vary in different wallet providers, but the steps are the same. Also, you may use your TRUST wallet if you have one.
How long does Bovada take to review withdrawal
In a nutshell, expect Bitcoin withdrawals within minutes to be processed (don’t forget that 24-48 hours!). However, if you want to stick to the old check, you should expect to get your money within 10 to 15 business days. According to Bovada: “Withdrawals are processed on a first-come, first-served basis and take approximately 24-48 hours to be reviewed. With Bitcoin, Player transfers and vouchers take about 24 hours for approval. Delivery time frames vary depending on your method of withdrawal and can be viewed on the withdrawal screen for each method”.
| Bovada’s Most Used Deposit Methods | Bovada’s Most Used Withdrawal Options | Bovada Withdrawal Limit |
| Credit Cards | Check | -Min:$20,
-Max for check: $3,000 every 1-7 days – Max for BTC: $9,500 every 1-3 days |
| Debit Cards | Bitcoin | |
| Bitcoin | Bitcoin Cash |
Note: To withdraw using BTC, you must have made at least one bitcoin deposit.
Bovada Customer Service
If at any time you need to reach out to the site team, you have multiple contact options as follows:
Email: The contact form on the Bovada site is available for you. The support team is also available through the service@bovada.com email address. You will get a reply within 24 hours which is pretty reasonable for a busy online gambling site like Bovada.
Live Chat: A human agent is available to answer your quires whenever you click on the chat icon. This is the best option to get instant, professional, and to-the-point answers to your questions.
Telephone: American players can call the support team toll-free at 1-888-263-0000. The good news is that this option is also available 24/7.
Bovada Verifacation Process
You will need verifications at some phases when playing at Bovada. The first verification stop is upon registration. If your account is not verified, you are not allowed to play for real money. According to the site, your account security matters. According to the site terms of service, you will be requested to provide one or all of the following to verify your gambling account at Bovada:
- Fill out and submit a credit card verification form.
- Snapshot or scan of any government-issued photo ID
The second verification stop is before you can cash out your winnings. According to Bovada: “before the processing of any withdrawals, including Bitcoin, as per the Credit Card Transaction Processing Agreement, you should submit a Credit Card Verification Form (CCVF) for each credit card you have used to fund your account”.
If you face any problems through the verification process, check out the Bovada help section. Also, customer support is available for you.
To Sum It Up
Although this is pretty easy to withdraw from Bovada, I highly recommend reading the terms of service and Banking sections before you fund your account. As far as the Bovada withdrawal system is concerned, your sensitive data is safe with this operator, and you will definitely get your winning.
Also, remember that I have given you the most accurate and valid information to the best of my knowledge. I did research and provided the most accurate available info. But always do your part, read the terms, and play wisely.
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