Bovada vs. BetOnline Review

After the Supreme Court reversed the ban on sports betting, interest in Bitcoin online sports betting exploded. Two sites that are at the forefront of online sports betting are Bovada and BetOnline. Both offer comprehensive sportsbooks along with online casino and online poker services. Today, we take a look at Bovada vs. Betonline to determine which is the better US sportsbook.

Overview - Bovada

Bovada is a spin-off of Bodog and has been serving US online sports bettors since 2011. While the site has a US focus, it offers bettors the opportunity to bet on sports worldwide. It also provides an online casino and online poker sites for those looking for something extra. One thing to note is that this company focuses on the recreational gambler and professional gamblers are generally not welcome.

Bovada Sportsbook

Bovada Pros and Cons

Pros

  • Accepts US Players
  • Wide Variety of US and Global Sports
  • Online Casino and Online Poker Offered
  • Generous Bitcoin Deposit Bonuses

Cons

  • $100 Fee for Check Withdrawals
  • Professional bettors not welcome

Overview - BetOnline

BetOnline is one of the premier US-facing online sportsbooks in the world. Online since 2001, the site has a heavy focus on US sports. BetOnline became an early adopter of Bitcoin, and now the majority of its transactions are conducted using cryptocurrency. If you like online casino gambling or online poker, BetOnline has you covered as they offer both along with fantastic promotions and rewards.

BetOnline Sportsbook

BetOnline Pros and Cons

Pros

  • Accepts US Players
  • Wide Variety of Promotions
  • Casino and Online Poker Also Offered
  • Live Betting and esports Betting Available

Cons

  • High minimum payout on fiat withdrawals
  • Smaller array of bet options compared to some sportsbooks

Bovada vs. BetOnline At a Glance

Bovada

BetOnline

US Players Accepted

Yes

Yes

Cryptocurrencies Accepted

Bitcoin, Bitcoin Cash

Bitcoin, Bitcoin Cash, Ripple, Litecoin, Etherium, Stellar

Live Betting

Yes

Yes

ESports

Yes

Yes

Racebook

Yes

Yes

Beginner Friendly

Yes

Somewhat

Anonymous Accounts

No

No

Deposit Options

Crypto, Credit Card, Bank Transfer, P2P, Matchpay

Crypto, Credit Cards, Echecks

Support

Forum, Email, Live Chat

Email, Live Chat, Telephone

Online Casino

Yes

Yes

Online Poker

Yes

Yes

Deposit Fees

5.9% for Credit Cards

7.5% for Credit Cards

Withdrawal Speeds (Crypto)

15 minutes (Once every 3 days)

Up to 48 Hours

Deposits and Withdrawals

Both Bovada and BetOnline allow both crypto and fiat for deposit and withdrawal. Bovada accepts Visa, MasterCard, Bank Transfer, and MatchPay for fiat deposits. BetOnline accepts Visa, MasterCard, American Express, Discover, and Echecks for fiat deposits. Bovada also allows you to accept P2P transfers from other players on the network.

Bovada has a lower minimum deposit. Credit cards and MatchPay have a $20 minimum with a $50 minimum for bank transfers. For BetOnline, the minimum deposit is $25 for credit cards and $1,000 for bank transfers.

If you deposit using credit cards, expect to pay hefty fees. Your first deposit on Bovada with a credit card is free, but subsequent deposits will charge a 5.9% fee. For BetOnline, you will pay a 7.5% processing fee on all transfers.

For withdrawals, pay attention to fees and minimums. Bovada allows you to make your first monthly non-Bitcoin deposit for free. Afterward, you will pay $100 for each non-Bitcoin withdrawal. You can only cash out using crypto or a check. If you use a check, you must have at least $100 in your account. For crypto, you only need $20.

For BetOnline, you can cash out using crypto, money order, check, or bank wire. You must have at least $500 in your account to cash out for anything other than crypto. There is an $80 fee to cash out using a money order. Fees for checks and wire transfers are based on the transfer amount and start at $50.

Cryptocurrencies Accepted

When deciding between Bovada vs. BetOnline, most people look at cryptocurrencies accepted at both sites. Both Bovada and BetOnline accept Bitcoin. However, the only other cryptocurrency accepted by Bovada is Bitcoin Cash. BetOnline accepts Bitcoin Cash, Ripple, Litecoin, Ethereum, and Stellar. The minimum deposit at Bovada is just $10 with crypto, while you must deposit at least $20 worth of crypto at BetOnline.

Deposits and withdrawals are free at both sites. However, the speed of transfer varies. With BetOnline, it can take up to 48 hours to get your crypto. For Bovada, you will get your crypto in about 15 minutes. However, you can only make withdrawals on Bovada once every 3 days.

Sportsbook Services

Both BetOnline and Bovada offer robust sportsbooks services along with a racebook and live betting options. When comparing the two, it is clear that both provide a broad spread of sport betting options. While they both offer heavy action in US sports leagues, you can bet on sports from almost anywhere in the world. You can also bet on a variety of prop bets from major sports along with future bets. Bets for the entertainment industry and politics are also available.

The big difference between the two boils down to odds. BetOnline tends to offer more favorable odds over Bovada. Furthermore, Bovada is famous for not being friendly to professional gamblers. It is well known that if you win too much on the site, the odds offered will start to change. Worse still, advantage players tend to be banned from the site.

Bovada is structured more for the casual sports bettor, where BetOnline welcomes action from everyone. With that said, you may find a better range of bets on Bovada.

Online Casino and Online Poker

Both Bovada and BetOnline sites offer Bitcoin online casino games and online poker. Bovada online casino games are a mix of proprietary games consisting of online slots, table games, video poker, and Live Dealer games. BetOnline’s online casino is a conglomeration of games from some of the industry’s top providers. You’ll find games from BetSoft, Nucleus Gaming, Fresh Deck Studios, and more. If choosing between BetOnline vs. Bovada, you’ll find that BetOnline has a better variety of online casino games.

For online poker games, both offer a comprehensive online poker site offering Texas Hold’em, Omaha Poker, and more. They both offer a wide variety of online poker cash games and tournaments. Bovada features anonymous tables and seating, giving recreational players an advantage. They also offer $1.5 million in guaranteed tournaments each week. The Sunday Majors are the top poker events over at BetOnline, with guarantees ranging from $5,000 to $150,000 for the Sunday Main Event.

Promotions

When looking at Bovada vs. Betonline, Bovada has a slight edge. Bovada offers crypto users a 75% match for a Bitcoin sports welcome bonus as opposed to 50% for BetOnline. The online poker bonus for both sites is about the same at 100%. However, the Bovada offer for online casino is slightly better at 125%.

Bovada also offers a Refer-a-Friend bonus where you earn bonus cash when friends sign up through your affiliate link. Lastly, Bovada offers player rewards where you can earn points towards cash prizes by betting on sports or betting anywhere on the PC or mobile site.

Help and Support

Both Bovada and BetOnline offer multiple options for customer support. Both offer a robust Help Center that covers most topics. Bovada’s help center is a bit better with a search tool and a more comprehensive array of help articles available.

For extended help services, Bovada offers community forums along with email and live chat support. BetOnline offers email and live chat support. BetOnline goes a step further and offers 24-7 toll-free customer support.

Conclusion

When choosing whether to play at Bovada vs. BetOnline, it depends on your goals. If you’re a recreational player looking to bet on your favorite teams, Bovada will give you more options for betting. However, if you are looking to grow a substantial bankroll or bet on sports professionally, then you should stick with BetOnline.

The same holds true for online casino players and online poker players. Bovada is more for the recreational player looking to avoid the shark-infested waters of major sites. BetOnline is for more serious gamblers looking to grow their bankrolls.

Check out our BetOnline review and our Bovada review to learn more about both sites.

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