How To Deposit And Withdraw Bitcoin On Bovada?

A warm welcome to all of our American readers.

Today’s article is for you as we are going to take a look at an online casino known for its great features and amazing bonuses. The name of this casino and Sportsbook is none other than Bovada.

So, is this casino “America’s No.1 online casino and Sportsbook” as their fame suggests?

How to deposit Bitcoin on Bovada and how can you enter their incredible poker room? These are all questions that are going to be answered in this article so be sure to stick around until the end.

What Does Bovada Have To Offer?

Well, the selection of games is excellent and all of the titles on their website is provided by three industry-leading software providers called Betsoft, Rival, Real Time Gaming!

What can you find on their site?

First of all, you will find the Sportsbook which is also their biggest attraction as most of their users spend their time there. A wide variety of sports is covered and there are countless betting options and special betting opportunities.

The same goes for their Racebook (Horse Racing) as well. Then you have the casino section where you will find a plethora of slots, table games, Blackjack, speciality games, and Video Poker titles.

Last is the Poker room but before we talk about it let’s take a look at the banking options available on Bovada and the bonuses they provide.

How to Create a New Account with Bovada & Deposit Options

Step 1: In top-right corner find red JOIN button.
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Bovada Banking

This section is divided into two parts, depositing and withdrawing. You came here to learn how to deposit Bitcoin on Bovada so this will be the first thing we tackle.

1. Deposit

Just like Bovada advertises “Bitcoin is the cheapest deposit option at Bovada, making it the premier way to get your money in” but how can you actually do that?

First, you would have to purchase some of the cryptocurrency but before you did that you should get a cryptocurrency wallet.

Personally, we would recommend that you use one of the free cryptocurrency wallets provided when you purchase Bitcoin from one of the major exchanges such as Coinbase, CEX.io, or Binance.

Of course, all of those serve United States citizens as well. Bovada themselves recommend BreadWallet.

BPS protip: For extra safety always use “middle wallet” when you deposit through Exchange to Gambling site. 

So after you get some Bitcoin you can select to store them in your private cryptocurrency wallet by using your unique address (This will look something like this: XX98BTCEKSDAXCA35B), such as Ledger Nano S or TREZOR.

You don’t have to be afraid of depositing in a wrong one as the address is unique for each wallet.

After you fund your wallet, you can then proceed to use it in order to deposit Bitcoin to your Bovada account.

You can do that in three different ways.

  1. You can copy their Bitcoin address and send money directly to them.
  2. You can launch your cryptocurrency wallet through a simple method they provide where with a click of a button the wallet interface will start up and you can deposit money that way. These two ways sound similar but they actually are completely different.
  3. Scan the QR code they will provide you with your smartphone or tablet and just input the amount you want to deposit.

However, when depositing for the first time you should remember to use the promotional code if you want to claim a bonus that is.

You can also deposit using a credit card. But don’t forget – if you use Bitcoin you will not have to pay any processing fees.

That changes though when using a credit card. In that case, only the first deposit is free of charge and any subsequent ones come alongside a 5.9% fee.

Keep in mind that you may encounter some extra small charges when depositing with either option.

Bitcoin ones are usually only a few cents and you won’t probably have to pay even that unless you want your transaction to be completed faster.

For credit cards, it is common for currency conversion processes to add a 3% additional fee.

When depositing with Bitcoin the minimum amount is 10$ and the maximum is 5,000$.

When depositing with a credit card the minimum amount is 20$ and the maximum is 1,500$.

2. Withdrawal

Just like before, you can withdraw your money either by using Bitcoin or Check by Courier.

When it comes to the fees though, Bovada isn’t that great as they will only cover one deposit made every 3 months. Each additional one in this time window will have to go through a 100$ processing fee.

When using Bitcoin you can withdraw once every 3 days. The minimum withdraw amount is 10$ and the maximum is 9,500$.

If you like playing with real currencies then you can make only one withdrawal per 7 days. The minimum withdraw amount is 100$ and the maximum is 3,000$.

However, this doesn’t apply to Bitcoin transactions as all of them, no matter whether it is a deposit or a withdraw, are totally free!

Now you can understand why Bitcoin get so much promotion on the site of Bovada!

Bovada Bonuses

As this article is about how to deposit Bitcoin on Bovada we are only going to mention the Bitcoin bonuses.

You should know that the Poker bonuses may not be applicable when using Bitcoin.

We also have an article about Online Poker Bitcoin Bonuses in case you are looking specifically for this information.

However, you can either deposit Bitcoin in the casino or the Sportsbook.

If you deposit in the casino you will get a 150% match bonus up to 1,500$ which is redeemable up to 3 times. In order to get it, you must use the promotional code “BVCBITCOIN150”.

The rollover requirements are 5 times for the Sportsbook/Racebook and 30 times for the Casino and it applies both to the initial deposit and the bonus amount.

If you deposit in the Sportsbook you will get a 50% match bonus up to 500$ which can be applied only once. Use the promotional code “BVSBITCOIN50”

This option comes with a playthrough of 25 times which can only be used in the casino and it applies to both the deposit and the bonus amount.

The Poker rewards are based on the amount of Poker Points you earn while playing. Every time you reach a specific amount a cash bonus will be given to you and there isn’t a rollover requirement applied to those.

Bovada Poker Room

Bovada Poker Room

Just like we previously promised you, here is the part where we will talk about the Poker room.

You can download the lightweight client on your computer but you can also access Bovada’s games through your smartphone or tablet’s web browser without needing a dedicated app to do so.

The Poker tables are very well optimised and the way they are laid out makes playing on them an enjoyable and hassle-free experience.

However, don’t you think that this Poker room is for everyone as the bets aren’t as low as you would think.

In fact, the minimum bet you can place is 1$ and it’s pretty needless to say that this is just the starting bet and it can go up very fast and easily.

So if you don’t have at least 50-100$ deposited don’t you even think to join the tables.

However, regular Poker tables aren’t the only thing you will find in that section.

There are countless Jackpot Sit n Go tournaments being held on a regular basis.

There are various “Nightly Majors”, as the site calls them, tournaments held every day of the week with buy-ins as low as 11$ and prize pools that can reach the 25,000$ mark!

In fact, there is a guaranteed 1.5$ million total prize pool for all the Poker tournaments held every week on Bovada’s platform.

Some tournaments like the one that is hosted every Sunday afternoon at 4 PM (ET) has a 100,000$ prize pool!

New types of tables are added every now and then.

One of the latest features to get implemented on the Poker room is the “Quick Seat” which enables you to quickly change between playing on one to another table so fast that the transfer is usually seamless.

Conclusion

Now that you know how to deposit Bitcoin on Bovada and how the bonus system works you should be good to go and start gambling on their site.

Be sure to use the cryptocurrency we talked about and to check out their Poker room as it simply is amazing.

Read more about other cryptocurrencies you could use to play poker online and visit our Bovada Review for more detailed information!

Now go on and claim those beautiful Bitcoin bonuses so you can get cracking. Good luck!

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