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Introduction
When it comes to reputable sportsbooks that service the American market, the list is woefully small. Thanks to laws, the activity is severely restricted, and players have been ripe to be taken advantage of by bad books. Fortunately, Bovada bucks the trend and has become perhaps the best sportsbook for American players. The site has a ton of different options for placing wagers, fast payouts on winnings, and reasonable bonuses for players to claim. If you're located in the States, you definitely should make Bovada your first choice for online sportsbetting.
Sports Betting in General
Bovada is known for having a wide range of sports to bet on and many ways to bet. Their strength is more in the area of reliability and customer support than generous odds. I'll have to wait for baseball season to see what they do there but on everything else they offer 20-cent lines on the popular bets and sports and 30-cent lines on everything else. They also break to a wider spread fairly quickly. For example, soccer bets against the spread in the English Premier League start at 20-cent lines but by a pairing of +120/-150 they obviously jump to 30-cents.
As a reminder, a 20-cent line, for example, means the betting lines on the two sides of an event are 20 basis points apart. For example, -110 and -110, or +105 and -125. Here is the minimum house edge for common lines:
- 10 cents: 2.38%
- 15 cents: 3.49%
- 20 cents: 4.55%
- 25 cents: 5.56%
- 30 cents: 6.52%
- 40 cents: 8.33%
All things considered, I would say Bovada lines are neither generous nor stingy but in the middle somewhere.
NFL
At the time of this review it was two days before the 2018 Super Bowl. Bovada offered the usual 20-cent lines on the spread and total for the game and first half. For the quarters and proposition bets that go close to 50/50 either way, the lines went up to 30-cents. The lowest juice was on the coin toss bets at 10-cent lines.
Basketball
In the NBA, college basketball and the Euroleague, Bovada has 20-cent lines against the spread, total, and money line. On these three leagues prop bets have 30-cent lines. On all other basketball leagues, everything is on a 30-cent line.
Soccer
Bets against the spread and total had 20-cent lines but only when it was close to a 50/50 situation. It from from 20-cent lines at -105/-115 to 25-cent lines at EV/-125. Bets with three possible outcome carried a house edge of about 5.6%.
Online Sports Book Odds
Odds for popular sports, click View Odds for more information.
| Date | Event | ML | PS | View |
|---|---|---|---|---|
| Tue Mar 9th 4:00pm | UEFA Champions League: Juventus v FC Porto | 2.5 (1) 2.5 (1) | ||
| Tue Mar 9th 4:00pm | UEFA Champions League: Borussia Dortmund v Sevilla | 2.5 (1) 2.5 (100) | ||
| Wed Mar 10th 4:00pm | UEFA Champions League: Paris Saint Germain v FC Barcelona | 2.5 (1) 2.5 (100) | ||
| Wed Mar 10th 4:00pm | UEFA Champions League: Liverpool v RB Leipzig | 2.5 (1) 2.5 (100) | ||
| Thu Mar 11th 1:55pm | UEFA Europa League: Dynamo Kiev v CF Villarreal | 2.5 (100) 2.5 (1) | ||
| Thu Mar 11th 1:55pm | UEFA Europa League: Manchester United v AC Milan | 2.5 (1) 2.5 (1) | ||
| Thu Mar 11th 1:55pm | UEFA Europa League: Ajax Amsterdam v Young Boys Bern | 2.5 (1) 2.5 (100) | ||
| Thu Mar 11th 1:55pm | UEFA Europa League: SK Slavia Prague v Glasgow Rangers | 2.5 (1) 2.5 (1) | ||
| Thu Mar 11th 4:00pm | UEFA Europa League: Granada CF v Molde FK | 2.5 (1) 2.5 (100) | ||
| Thu Mar 11th 4:00pm | UEFA Europa League: AS Roma v FC Shakhtar Donetsk | 2.5 (1) 2.5 (100) | ||
| Thu Mar 11th 4:00pm | UEFA Europa League: Olympiakos Piraeus v Arsenal | 2.5 (1) 2.5 (1) | ||
| Thu Mar 11th 4:00pm | UEFA Europa League: Tottenham v NK Dinamo Zagreb | 2.5 (1) 2.5 (100) | ||
| Tue Mar 16th 4:00pm | UEFA Champions League: Real Madrid v Atalanta Bergamasca Calcio | 2.5 (1) 2.5 (100) | ||
| Tue Mar 16th 4:00pm | UEFA Champions League: Manchester City v Borussia Moenchengladbach | 2.5 (1) 2.5 (100) | ||
| Wed Mar 17th 4:00pm | UEFA Champions League: FC Bayern Munich v SS Lazio Rome | 2.5 (1) 2.5 (100) | ||
| Wed Mar 17th 4:00pm | UEFA Champions League: Chelsea v Atletico Madrid | 2.5 (100) 2.5 (1) |
Tennis
Bovada features 20-cent money lines, but the disparity goes to 25 cents at +115/-140. All other tennis bets with two possible outcomes, like against a point spread, over/under, and winner of the first set were at 30-cent lines.
MMA/UFC
At the time of this review the most closely matched fight had 30-cent money lines of +135/-165. I suspect the lines are closer together on more closely matched fights.
Golf
At the time of this review, Bovada had three player match-ups on the European tour. The average house edge on these bets was 9.2%.
Boxing
Money lines in boxing start at 30-cents, as evidenced by lines of -110/-120 on a fight at the time of this review.
Entertainment
At the time of this review it was shortly before the 2018 Academy Awards. The house edge on bets on categories with five possible winners was about 16.5%. For Best Picture, which has nine possible outcomes, the house edge was 16.67%.
Baseball
Sorry, it wasn't baseball season at the time of this review.
Cricket
Money lines were 30-cents as well as proposition bets with two possible outcomes. Bets with three possible outcomes (both sides and a draw) had a house edge averaging 8.0%.Olympics
It was a couple days before the opening of the 2018 Winter Olympics at the time of this review. Over/under bets on the number of gold medals for a given country had 30-cent lines. For example, over 10.5 U.S. gold medals had a line of -120 and the under was -110.
Futures
I found the house edge on futures bets varied considerably as follows:
- 2019 Super Bowl: 23.0%
- 2018 World Series: 25.5%
- Tennis -- Winner men's French Open -- 36.1%
- Golf -- Race to Dubai -- 36.0%
- Cricket -- ICC World Cup 2019: 19.2%
- 2018 Winter Olympics -- Medal Table (total medals won): 23.0%
Based on a small sampling, it seems the house edge on futures bets is lower if it is an event with a lot of action as well as fewer betting choices.
Parlays and Teasers
Bovada pays true odds on all parlays. That means that if every pick in a parlay is even (laying 110 to win 100), then the total win is the same as if you made each bet individually. To be specific, for an n team parlay, laying 110 on each pick, the win would be (21/11)n-1. I applaud this and don't know why everybody doesn't do it. It is also good for the player, except on the pick-3, where Bovada pays 5.96 to 1, where most parlay tables pay 6 to 1.
Bovada's teaser odds are pretty standard, judging by the 6-point NFL teasers. It is nice of them to give significantly better odds on college football teasers, which everybody should, but many don't. The value of the extra points is not as much in college compared to the NFL. It is also interesting to note they have a separate table for the NFL preseason as well as the CFL. I have never seen that before.
Banking, Security, and Responsible Gaming
The banking system at Bovada is restricted to just a few options, but it is very good. I have conducted several payouts at this book over the years and never had a problem. You can use credit cards and Bitcoin for deposit, and you can use a paper check, bank wire, or Bitcoin for withdrawal purposes. All withdrawal options are pretty fast, with Bitcoin transmitted within a few minutes, bank wire within a few days, and a few days for a paper check. The check option is one of the fastest I've seen for a U.S. friendly betting site, as Bovada will FedEx overnight it to you.
Banking options at Bovada
| Banking option | Deposit | Withdrawal | |
|---|---|---|---|
| American Express | |||
| Check/Cheque | |||
| MasterCard Credit | |||
| Visa Debit | |||
| AstroPay Card | |||
| Bitcoin Cash | |||
| Klarna | |||
Bovada protects player information using 128-bit SSL encryption, which is a key security feature. This ensures that your player data is secure, as it's scrambled between your computer and Bovada's website.
There is a responsible gaming section at Bovada, which provides information on identifying and fighting problem betting behaviors. Players will also find links to outside gambling assistance groups as well as policies like self-exclusion to help protect players.
Customer Support
The customer support team at Bovada's sportsbook is great. The reps I have dealt with have always been pleasant and fast to respond to help requests. The reps have always been able to help me too, or at least get me to management that has solved my issue. Simply put: the Bovada support team is very good.
Bonuses
Below is a list of promotions currently being offered at Bovada's sportsbook.
Reload
A 50% Reload with a max bonus of $250 and a wagering requirement of 30xb&d on slots.
Conclusion
In terms of sportsbooks, Bovada is one of the best we've seen, and is certainly one of the best for American players. If you're considering a new spot to get a wager on for an event, we highly recommend you use Bovada.
Wizard Endorsement Status
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Both Liverpool will be desperate for the win on Thursday to help with their attempts of breaking back into the Champions League places.
Premiership Spread Bet
It is very tight at the top of the Premier League at the moment – and beating one of your direct rivals gives even more impetus to hopes of a top-four finish.
It tells us a lot that BetOnline has declined to offer Liverpool as odds on to win at Anfield on Thursday, no matter who the Merseyside club is playing. To price Jurgen Klopp’s side in this way earlier in the season would have been unthinkable. But now the Champions are just trying to keep up with the top four, and Chelsea is in the same hunt. The draw bet might be worth a go here.
Liverpool vs. Chelsea Match Preview
It would have been a huge surprise if Liverpool hadn’t won at Sheffield United on Sunday, but there was obvious relief from Klopp and the players as they celebrated the first victory in five EPL games. That run of form saw the champions drop out of the top four for the first time since the opening day of the season and has threatened to derail their entire season.
Liverpool will still do well to qualify for the Champions League next season – and a win over Chelsea on Thursday is probably required. Klopp should have first-choice keeper Alisson back after missing the previous game for family reasons. But he will still be without a whole host of defenders and his captain Jordan Henderson. The attacking players will really have to step up in their absence.
Chelsea has its own enviable group of forward players, of course. But it does seem as though Thomas Tuchel has not quite worked out how to use them to the greatest benefit. The Stamford Bridge club saw out a goalless draw with Manchester United at the weekend and rarely looked like troubling De Gea.
But Tuchel is still unbeaten as Chelsea manager. He has changed the fortunes – and belief – of the squad and will feel as though he only really has to tweak his tactics to push his team into a top-four side. Beating Liverpool at Anfield would play a huge part in that aim, but it all depends on whether the home side allows his players to get used to the new style of soccer at Chelsea.
- The Draw
Premier League Lines
Liverpool’s recent dip in form was alarming as it was predictable. There was always going to be a drop after the extreme highs of last season – and that was before Klopp’s entire defensive line limped out injured. The center-back partnership is still relatively flimsy, and Chelsea might be able to exploit that. But if Salah and Mane increase their effort, it could mean that we have an evenly balanced game on Thursday.