Bovada Withdrawal Review
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.
As of December 16th, 2021, Bovada is temporarily offline. The site is working to restore itself from backups after a failed scheduled maintenance. Meanwhile, I suggest you try out other safe and trusted alternatives sites such as Betonline, Wild Casino, and Super Slots. BTW, Cafe Casino, SlotsLV, and Ignition Casino are also offline because they are sister sites of Bovada, so ignore these options.
Is It Legal To Play At, And Withdraw From Bovada?
The answer is yes. Bovada officially separated from Bodog in 2011 and now operates under its own brand. It is a legitimate gambling site and it is legal for residents of the United States to play online and cash out from this site. However, unfortunately, Bovada is currently operating with no license. While they used to be licensed by the Kahnawake Gambling Commission, it failed to renew the license in 2016 and has been operating without one ever since. But, because the operator also ran Bodog I feel confident about the legitimacy of Bovada. Because it means the team must know what it’s doing, as these are two of the biggest brands on the US online gambling scene. However, the lack of a license cannot be overlooked, and you should research the risks of gambling on unlicensed sites before signing up.
Who Can Play at Bovada?
Although US players are welcome at Bovada, players from the following states cannot register or play there: Delaware, Maryland, New Jersey, and Nevada.
Bovada’s terms of service don’t list all of the restricted territories. So, I did some research and learned that it’s not available to players from the following countries:
Additionally, there are lots of other restricted territories at Bovada. Remember that this site aims mainly at the US market.
Good Stuff About Bovada
As far as web design, user interface, and experience are concerned, Bovada is world-class. It’s simple, clean, and has a good responsive design. This means it is easy to use on any device.
In fact, Bovada has a long history and a solid track record of dealing fairly and paying players on time. The site offers fast payouts. Bovada reviews withdrawals fast and payments are processed rapidly. If you choose to use Bitcoin, you will have your money within minutes of the cashier clearing it. 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.
Furthermore, Bovada is US-friendly and it accepts Bitcoin as both a deposit and withdrawal method.
All right, 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:
The Bad Stuff About Bovada
Bovada withdrawal fees: If you use a credit or debit card you should pay deposit and withdrawal fees at Bovada. This casino provides one free deposit via credit or debit card but then charges 5.9% on all Visa and Mastercard transactions. If you use Amex, you should pay a 9.9% fee. Take a look at the site explanation of deposit fees:
For withdrawals, Bitcoin transfers are free. Conversely, the first check each month is free, and a flat fee of $50 is applied to each check thereafter.
I suggest avoiding these unnecessary fees and trying Bitcoin! It may seem scary but Bovada has created a detailed Bitcoin guide explaining what it is, how to get it, and how to use it. 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. Here it is Bovada to blockchain wallet, blockchain wallet to Coinbase, Coinbase to PayPal or Bank. This is the way!
How To Withdraw From Bovada Using Bitcoin; Step by Step Guide
Step1: Download Coinbase and Blockchain Wallet
Remember, When you sign up for Coinbase, it asks you how you intend to use the app. Make sure to choose the investing option.
Step2: Withdraw your winnings from Bovada
Take the following steps:
- Open your Blockchain Wallet.
- Select the little downwards arrow in the bottom-right corner to receive the funds.
- Tap to copy the address to your clipboard. It looks something like this: sdffsjsG4bfdsgE5BpsiwVll6
- Then, go to your Bovada account on your phone and select Withdraw.
- Now, Select Bitcoin.
- In the Wallet Address field, paste what you copied from your Blockchain Wallet.
- Then, enter the amount want to withdraw, along with your 4-digit security code.
- Check I agree.
- Tap request withdrawal.
Then, you will see a confirmation screen stating that your withdrawal will be reviewed and processed within 48 hours. Later, you will receive an email once the withdrawal has been completed.
Step3: Send the funds to Coinbase
After the withdrawal has been completed, return to your Blockchain Wallet. Now, you should see the funds that you withdrew from Bovada. Don’t panic if it is off by a dollar or two. It is because of the fluctuating price of Bitcoin. Now, take the following steps:
- Open your Coinbase app.
- Tap on accounts.
- Select BTC wallet.
- In the top left, select the square little QR code button.
- Tap I understand.
- Copy the address to your clipboard.
- Return to your Blockchain Wallet.
- Select the little upwards pointing arrow in the bottom-left corner to send your funds.
- In the “to” field, paste the address you copied to your clipboard.
- Tap on use total spendable balance
- Choose between regular (1+ hr) or priority (0–60 min) delivery fees.
- Now, tap on send.
Now, you will see a pop-up confirming the delivery. In the meantime, you receive a notification from Coinbase alerting you received Bitcoin. Now:
- Return to the Coinbase app.
- Tap on accounts.
- Select BTC wallet.
Here you will see the pending delivery. Depending on the delivery fee you chose, you have to wait for the funds to become available. You should check back periodically.
Step4: Exchange your Bitcoins for USD
You are almost finished! Just exchange the Bitcoin for USD and send the money to your bank or Paypal.
- Open your Coinbase app.
- Tap accounts.
- Select your BTC wallet.
- Select sell.
- Select sell max.
- Tap on “preview sale”.
- Tap on “confirm sale”.
- Review the information and tap on “confirm sale”.
You receive confirmation for executed sale and you are good to go to the last step.
Step5: Withdraw funds to Paypal or Bank
FINALLY! You will move your funds into either a bank account or a PayPal account. If you haven’t already set up a bank account, go to the “settings” section of the app and set up your bank account.
- Tap on accounts.
- Select cash (USD).
- Select withdraw.
AND you are done!
Do you still ask: “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!). But, if you choose to withdraw by check, expect your check within 10- 15 working days. Here, I quote from the site: Withdrawals are processed on a first-come, first-served basis and take approximately 24-48 hours to be reviewed. With Bitcoin, Player Transfer and Voucher 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.
The minimum withdrawal limit is $20. The maximum limit is $3,000 by check every 1-7 days and $9,500 by Bitcoin every 1-3 days. Remember, you cannot withdraw by Bitcoin unless you have made at least one deposit via Bitcoin before.
|Bovada Deposit Methods||Bovada Withdrawal Options|
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. Also, you can send an email to firstname.lastname@example.org. Expect a response within 24 hours. This is an average time for a busy online casino.
Live Chat: Click the “chat” icon at any time of the day or night to chat with a customer support agent instantly. You will get quick, professional, and to-the-point replies.
Telephone – If you live in the US, you can call Bovada toll-free at 1-888-263-0000. Similar to the live chat feature, this option is available 24/7.
Bovada Verifacation Process
You will need verifications at some phases when playing at Bovada. First, upon registration, you need to verify your account. According to the site, your account security matters. As per Bovada Terms of Service, the site will ask you to verify your account by requesting you provide one or all of the following: A Credit Card Verification Form. A copy of any government-issued photo ID (a snapshot or scan).
Second, there is a verification step before you can cash out your winnings. I quote from the site: 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 problem through the verification process, check out the Bovada help section. Also, customer support is available for you.
Final Words on Bovada Withdrawal System
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. Also, remember that this article is accurate and true to the best of my knowledge. Content is for informational purposes only. Does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters. Thank you. Have fun withdrawing!