EXPLAINED: How to win $250 Welcome Bonus at Bovada Sportsbook

We will try to answer how to win Bovada Welcome Bonus and check their promo codes.

Bookmakers attract players with all kinds of bonuses but an average bettor usually never read the rules. To win those bonuses he needs to understand their requirements and set the right strategy. Today I will explain how you can win a bonus at Bovada.

Bovada is one of the most trusted brands in sports betting world and it is especially attractive for US players.

Gambling should be entertaining. Remember that you always risk losing the money you bet, so do not spend more than you can afford to lose. If you think you may have a problem, click here. Gambling should be entertaining. Remember that you always risk losing the money you bet, so do not spend more than you can afford to lose. If you think you may have a problem, click here.

They offer:

• 50% Sports Welcome Bonus up to $250
• $5000 Bitcoin Welcome Bonus
• $3000 Casino Welcome Bonus
• 100% Poker Welcome Bonus
• 200% up to $100 Refer-a-Friend Bonus
• Score your own points betting on sports and playing casino

• Jan 22, 2021 Instead of creating a sports betting app or Bovada mobile casino app, Bovada has invested in a superb mobile-optimized website that works really well on all Android, iOS and Windows Phone mobile.
• How do I contact Customer Service? While our highly trained agents are always happy to help you by phone, email or chat, wait times often fluctuate and can be unpredictable. We’ve worked hard to optimize our Help Center so that you can quickly.
• Bovada.lv Sportsbook, Casino, Poker and Racebook offer bettors and players an industry-leading online betting and gambling experience that is second to none. Whether your game is online sports.

In this article we will focus on 50% Sports Betting Welcome Bonus

50% Sports Welcome Bonus up to $250:

• Step one: Open account
• Step Two: Make a deposit and instantly receive a 50% bonus up to $250
• Requirements: Rollover is 5X Sports/5X Horses/30X Casino

HOW TO WIN THIS BONUS?

First of all you should be patient, because if you make a withdrawal before you met this criteria all your bonus and winnings from bonus will be fortified.

• Make a Deposit of $250.00
• Received Bonus $125.00 – (This is the money Bovada will add to your account balance)
• Your account balance after bonus $375.00 – This is the balance after you receive your bonus
• Roll-over requirements $2,062.50 – (The rule is clear: Rollover is 5X Sports/5X Horses/30X Casino on both the initial deposit and the bonus amount. Rollover in Sportsbook, for winning wagers, will be determined by the lesser of your risk or win amount at the time of wager settlement; for losing wagers your risk amount will be credited to your rollover contribution.). The formula for rollover is 5*$375*1.1. If you bet on a game with probability of 50% on their odds and their juice, you will risk $10 to win $9. If you win your roll-over is $9. If you lose your “roll-over” is $10. This is why I multiply with 1.1 to adjust the rollover number.
• Recommended stake (2%) $7.50 – (This is my recommended stake and it can be 1%, but you will need more time to complete this task. 2% is max play I recommend)
• Estimated No of bets 275 – (This is estimated number of bets you will need to make if you will bet $7.5 on every single game, which is exactly 2% of your account balance after you receive your bonus)
• Odds (-110) 1.91 – (Those are their odds on spreads and the totals. I took -110 for my calculations)

How to win this bonus?

In the table above we have different winning percentages and the profit including bonus, after you roll-over 5 times.

Here is my 3 Month plan:

• Make around 275 bets with $2.75 per play.
• Hit at least 50% of games, because if your record will be 49% you will not make a profit, despite they give you $125 of bonus.

Skilled bettor or lucky bettor?

Most bettors are not skilled bettors, this is why 98% of them lose on the long run. However, here we can be little bit more optimistic, because even if you are not skilled bettor and if you blindly bet on games, that have 50% of chance (in this case Bovada odds -110), then you can expect 50% result on the long run. And as you see, record of 50% will make some benefit from taking this bonus.

I would recommend:

• Play only -110 odds on spread and totals (NBA, NFL, NCAAF, CFB, European basketball,…).
• Bet 2% of your account balance, which will be exactly $325 after you make a deposit and immediately receive bonus.
• Don’t change the stake – always bet $7.5
• Be patient and stay disciplined until you don’t make enough bets (roll-over requirements)
• Always analyse games to increase your chances. I can show you how I do it in my Online Betting Course.

Bovada has become a household name in terms of sports betting at least, for a number of years. They have established themselves as one of the top sportsbook options for U.S. bettors, offering a huge selection of odds on North American sports, as well as other sports played around the globe. For any given game, you will find hundreds of betting options, specials, and props to take advantage of, as well as some great bonuses.

Sports Betting Online Bovada

Originally known as Bodog, which began in the year 2000, the owner ran into some logistical and legal issues operating under the Bodog name in the United States, so while Bodog still exists as the top Canadian sports betting site - Bovada was born for U.S. players.

Bovada Sports Betting Scam

The quality of the odds at Bovada is highly competitive, so you can always count on getting great odds on any professional sport - especially the NHL and MLB. Bovada has a great mobile site, so you can easily place your wagers on your smartphone while on the go - gone are the days where you’re stuck to your laptop placing wagers on gameday - people are too busy for that!