How Does Bovada Payout
This is true that Bovada does not discuss 'account's sensitive information' over email. However, Bovada was not 'happy to discuss' 'sensitive information' over the phone, either. In my two long phone conversations with Bovada, they refused to reveal any details of the 'wire transfer,' such as the tracking number, the routing numbers, the name. The payouts are fast, and the Bovada brand is an A+ rated sportsbook. On any given day, you will find thousands of possible bets to be placed on every imaginable sporting event as well as hundreds of casino games from a multitude of trusted casino vendors. You can also check Bovada payout is fast and reliable. What most players do not recognize, or at least not right away, is that how they get their earnings is different online than at a Vegas casino. At a Vegas casino you would gather your chips, coins, or player tickets and go money in. To do this, simply click the method found on the cashier page. If you want the quickest payout, you can use Bitcoin or Bitcoin cash. It will only take about 15 minutes for your funds to be approved via this method. Other options might take 10 or more business days. What to Do With Delayed Payouts.
Depositing money to Bovada offers various deposit methods including VISA Credit / Debit / Gift Cards or the 'Rapid Transfer' Moneygram. A card deposit is the easiest and fastest of Bovada deposit options. Netspend debit cards have a high success rate and lesser successful include Greendot and Vanilla VISA cards. Bovada charges a 4.9% fee for card deposits except for the first deposit. Betonline is the only other US poker site that charges for such transactions (6%). So, a $20 deposit really needs to be $20+4.9%. $20 is the minimum card deposit and the max is $500. Using Moneygram, expect 15 minutes for a deposit and 24 hours withdrawal time. By depositing $300 or more at a time and withdrawing max once a month, Bovada takes care of all the transaction fees. (Otherwise deposit fees are $12-$20 and withdrawal fees $20-$60.) The minimum Moneygram deposit is $10 and the max is $800.How to Withdraw Money from Bovada
Your available withdrawal option depends on the way you deposited money to Bovada. If you made a credit card deposit, you can withdraw the money as a check. Bovada has the fastest check payouts out of all US poker sites. If you made a Rapid Transfer deposit, you can withdraw the money by using Rapid Transfer. To withdraw by credit card, you must complete the credit card verification form on Bovada's website. The minimum check withdrawal is $20 and the max is $3000 and for Rapid Transfer withdrawals $100-$750. There is no charge for your first check withdrawal of each month, however cashing out for the remainder of the month costs $50 each. Rapid Transfer cash out fees are $20 to cash out $100 - $199, $30 to cash out $200 - $399, $45 to cash out $400 - $599, and $60 to cash out $600 - $750.Bovada Payout Problems
In 2008, Maryland DOJ and IRS seized $25 million of Bodog's money as the dollars were sitting on their payment processor's account. This obviously caused a delay in payout. An undercover agent registered an account at Bodog and made two cash outs during the year of 2007, which helped the IRS to seize the money. Again, there was a delay in pay outs in 2011 but there is no real information on what caused them, except Bovada says they were in the process changing payment processors in order to deliver checks faster in future which then slowed down current check processing. There have been no reported problems since.Bovada Bitcoin Withdrawal
Bovada gladly accepts Bitcoin. Bovada does not charge any regular fees when Bitcoin payments are processed whether depositing or withdrawing. Occasionally wallet and exchange providers may charge a small transaction fee or users may add one to transactions for priority processing. These fees are usually less than a dollar, still much lower than credit card fees. Bitcoin is the fastest way to get your winnings. In fact, expect about a 15 minute turnaround time from when your funds are processed and deducted from your account. BitCoin is instantly exchanged into US Dollars at the rate at the time of deposit. You will need to set up a BitCoin wallet, and then fund it using your bank account / credit card.Bovada Check by Courier
Check by Courier is Bovada’s preferred method of payment. Couriered check is a safe and secure option that is delivered directly to your door via courier service. Your signature will be required upon delivery. The average payment processing time frame is 10 to 15 business days. Couriered checks are issued in a maximum of $3,000 increments. Payments over this amount will be sent out in $3,000 increments every 7 business days. Multiple pending couriered checks under the maximum may be combined, totaling up to $3,000. You are entitled to one free payment every 90 days. Each additional check will incur a specified fee.Bovada Money Transfer via Western Union
Western Union is a sure way to get your Bovada account funded. However, the fees which can be between 6% and 15% of the total, depending on the amount you want to transfer. The more that you transfer the cheaper those fees become. Bovada now refunds fees on deposits over $300 using this method.Of all the online sportsbooks where American players are allowed to sign up and create accounts, they might not have a better one to do so than at Bovada. This sportsbook is all about the U.S. sports bettor, and that is evident from the ways to deposit, to the sports betting odds themselves, and all the way through to receiving a payout.
But for this purpose, we want to talk about the payout options available at Bovada. This sportsbook really makes it easy for American bettors to receive fast withdrawal when they choose to take money out from their accounts. But there is certainly some important information that players should be aware of going in, such as what methods are available, how long payouts take, fees attached, and more.
How Long Do Bovada Withdrawals Take?
The time it takes to withdrawal for Bovada users can be as little as 12 hours, or as long as four business weeks. That seems like quite a disparity doesn't it? Well, these options are not all for the same method, as Bovada offers several. Players looking to get a payout from Bovada will have to submit a request to customer service of their intent to do so. From there, the payout method is selected, and the timeframe in which the money will be received is given. Look below for more detailed info on the fastest sportsbook payments available from Bovada.
Bovada Withdrawal Options For 2019
Bovada is as good as ever in 2019, offering players the chance to get their winnings through a variety of different outlets. In total, there are four ways to receive a payout from this sportsbook. They are by way of a check or bank draft, Western Union Transfer, cash money transfer, and a bank wire.
Bovada has offered these sports betting withdrawal methods for several years, but continually try to improve the quality of service for each method, getting winning to players as fast as they can. All of these payout options are available to American players, which certainly makes it nice to take advantage of for those living in the United States.
Bovada Payout Methods | Min. | Max. | Avg. Time It Takes | Withdrawal Fees | Available To USA? |
---|---|---|---|---|---|
Check Through Courier | $20 | $3,000 | Average: 2 Weeks | One Free Per Month, $50 | |
RapidTransfer | $100 | $800 | Average: < 24 Hrs. | As Low As $20; Up To $60 | |
MoneyTransfer | $100 | $2,000 | Average: < 24 Hrs. | As Low As $40; Up To $150 | |
Bank Wire Transfer | $2,500 | $7,500 | Average: < 2 Wks. | One Free Per Month, $50 |
Bovada Withdrawal Policy
Bovada requires players looking to make a withdrawal from their account to visit their 'Payout' page. Here, all of the information and steps to proceed will be available. There could be some verification forms required. For example, if a player deposited with a credit card, Bovada's Credit Card Transaction Processing Agreement Verification Form may be required to verify the card a player funded their account with, prior to receiving a payout. There is a full verification form section located on site at Bovada.
Bovada takes roughly 24 hours to process a payout request that is made by a player, and once authorized, is immediately sent at the payout request that was previously made.
Bovada Withdrawal Fees
Check + Bank Draft Fees - A courier check through DHL, FedEx or UPS typically comes with a fee of less than $30, but could vary depending by the amount.
Western Union Transfer - Fees range hinging on the amount being withdrawn here. They can be anywhere from $20 to $60 going from the minimum amount of $100-$200 withdrawn, all the way up to the maximum of $800 per payout.
Cash Money Wire Transfer - The lowest fee that bettors can expect with a cash wire transfer from Bovada will be $40. The fees are higher than a Western Union Transfer, with the maximum amount going up to $150, which is charged to those receiving the highest payout of $2,000.
How Does Bovada Payout Reddit
Bank Wire - A fee of $50 can be expected for those players who are looking to go with a bank wire. But for the amount that players can get with a bank wire at Bovada (maximum of $7,500), that fee is relatively small by comparison.
Bovada Withdrawal Limits
The limits to which bettors can withdrawal, both from a minimum and maximum standpoint go up and down with the different methods.
Check + Bank Draft - Only a $20 withdrawal is required, to a cap of $3,000 per check received from Bovada.
Western Union Transfer - At least $100 needs to be withdrawn from a Bovada account with a Western Union transfer. But if players are so inclined, they can go all the way up to $800 per transfer.
Cash Money Wire Transfer - Cash money transfer minimum payouts mirror Western Union's $100 minimum, but do go higher for max withdrawals - a $2,000 limit is set for these.
Bank Wire - Big players looking to withdraw a lot of money will be happy to go with a bank wire, with at least $2,500 needed to use this method, though extends upwards of $7,500.
Bovada Withdrawal Issues
How Fast Does Bovada Payout
As with any sportsbook, problems and/or questions can tend to arise when receiving a payout. And while Bovada is still one of our highest-rated online sportsbooks, if players feel the need to seek further assistance there will be plenty available on site.
Verification forms are always an important part of the payout process, and there is the potential for issues to come up here, but it will all be sorted out provided that you are able to provide the proper identification. Just make sure you have what is required going in, to avoid any problems.
If you ever need any help with payouts or anything else, please visit Bovada's homepage in order to seek support. They have numerous ways in which they can be contacted including toll-free telephone numbers for anywhere Bovada accepts players. They even have ways to contact the payment department directly should you ever need assistance.