Bovada is a new brand, but not a new sportsbook. Bovada is operated by the same group (Morris Mohawk Gaming Group) that run the US-facing Bodog brand for several years. At the end of 2011 Bodog didn’t renew their brand license and Bovada set-up shop on the domain with a new brand. The Bovada Sportsbook still looks similar to Bodog and the great betting options that bettors have grown used to with Bodog are still prevalent.
Bovada still uses Bodog’s powerful sportsbook software and that’s a huge plus. The usability of the software is unbeatable and the features are limitless. Bovada offers live betting and a mobile betting app that makes it easy to bet on sports from anywhere you are as long as you have an internet connection that’s working. To access the betting lines you simply click on the MMA/UFC tab on the right of the Bovada site.
Joining Bovada comes with several perks including a sign-up bonus of 20% for up to $100. This bonus could change soon, so I’d take advantage of the 20% offer before it’s dropped. Bovada has a 3x rollover on their sign-up bonus before bettors can withdraw money from their account. The bonus money is credited to your account balance right away and you can bet with the funds, but you can’t make a withdrawal until you bet your deposit and the bonus 3x.
Bovada is an American sportsbook and therefore you can bet on MMA. Bovada still doesn’t provide an excellent coverage of MMA, but they are better than a lot of sportsbook out there right now. Bovada post moneyline odds on UFC PPV fights early, but the rest of the odds are posted a lot closer to the time of the fight, which gives you less time to get all of your bets together.
Bovada Sportsbook provides straight bets on UFC fights and some of the big Strikeforce fights. There are also MMA prop bets that you can bet on at Bovada, but the MMA prop betting odds are posted slowly as well. Bovada will also let you bet on parlays, round robin bets, if bets and action reverse bets when betting on UFC/MMA.
The Bovada Sportsbook only has a few banking methods including Credit Cards, Rapid Transfer and MyPayLinQ that bettors can use to fund their account with. The minimum deposit is $25 at Bovada and if you deposit using your credit card at the sportsbook you’ll incur a fee of 4.9% on each deposit. Check withdrawals have been taking about 2 – 4 weeks to receive in the USA, but that’s not bad as Bovada has proven to be a reputable brand in the past several years.