Bovada is one of the most-used sites in the online sportsbook marketplace. That doesn’t just happen by chance — it’s because the platform is as good as it gets. That’s reflected in the promotional bonuses it offers. Right now, players of the site can earn hundreds to thousands of dollars in free play from Bovada. Imagine what you can do with that spare betting money? Keep on reading and we’ll tell you how you can redeem these deals (spoiler alert: it’s easy).
Pick Your Big-Money Sign-Up Bonus
The quickest way to inject your account with money is through a trusty old sign-up bonus. These are commonplace, but that’s because they just flat-out get the job done. As the name hints, these deals are for new sign-ups and reward free play based on how much money they first deposit into the platform. Bovada actually has two of these bonuses.
The first one is the “classic” deal. We say classic because it applies to first deposits made using the classic payment method, cash (e.g. debit card or bank transfer). For doing so, Bovada will give you a 50-percent match on that deposit up until $250. Is it the biggest deal you’ll find? No, but it’s a nice boost that requires very little effort out of you.
If you want bigger money, then feast your attention on the crypto-specific sign-up bonus. This deal is significantly more rich in value. It goes for a 75-percent and $750 in free play. That’s a three times better promo! Bovada supports a number of cryptocurrencies on-site too including Bitcoin, Ethereum, Litecoin, and USDT stablecoin.
You’ll need a promo code to redeem the crypto offer. Use code BTCSWB750 at the cashier when depositing money via crypto. For those wondering, there’s no code needed for the classic deal as it’s automatically applied.
Casino Promotions Are Biggest Of All At Bovada
One thing we forgot to mention in the last section: those deals are for sportsbook deposits. There are entirely different welcome promos for Bovada’s other platforms — the casino and poker room. And get this, these deals are absolutely lucrative.
For starters, the casino is giving up to $3000 in free play for newbies. This is for cash-based deposits again. How the deal works is Bovada will 100 percent match the deposit up to $1000 in free play. But here’s the kicker: this deal applies to the first three deposits, not just the first. Max all three out and you get that $3000 figure.
No surprise, the deal is even better for crypto deposits. Bettors get a 125-percent match up to $1250 on these deposits. Once again, that’s for the first three deposits which amounts to a potential windfall of $3750.
Bovada has a separate poker room that’s outside the regular casino. Here again, you’re looking at a 100-percent match, but this one is capped at a more modest $500. But hey, a dollar-for-dollar match is still pure value.
Between both the casino and poker room, you have a perfect platform to “spice up” betting. January is a busy month for sports betting (NFL and college football playoffs, NBA, fighting), but casino games are a perfect outlet when there are no games immediately on. Bovada is loaded with hundreds of casino games so it’s hard to get bored here.
Rewards Points Has Most Long-Term Value
The bonuses we’ve mentioned up this point are fine and dandy, but they’re all short-term boosts. First-deposit bonuses are exactly that — for first deposits and that’s it. So great for a quick injection of cash, but bad if you’re sticking around Bovada for the long haul. So are loyal users out of free-play luck? No, because there’s an entire Bovada rewards program too.
This works like any other loyalty program out there. You earn points off bets made. The more you bet, the more you earn. The caveat here is some bet types are worth more than others. For example, a $1 bet on sports parlays equals 15 points, but that same dollar would only net you three points if wagered on slots. Bets made in sports, casino, racebook, and poker all count in the rewards program.
What good are these points for anyway? Welp, cashback. For bettors that stick around long term and bet with size, the cashback potentially can easily outdo what’s available in the welcome bonuses.
The rewards point redemption rate varies by program level. Bovada offers six different tiers that players can rank through. The best part? Players will stay at that status level for life, unlike other programs which kick you down if you’re not active.
Not sold on using Bovada yet? Welp, maybe our latest Bovada review can change that. It’s loaded to the brim with other must-know details about the site beyond just bonuses. Believe us, there’s other benefits waiting for you at Bovada outside of just free play and the review will cover it all.