A question that everyone always asks is Does Bovada Pay Out? One of casino players’ biggest fears is that they might lose out in the long run to a dodgy casino. Rogue and blacklisted casinos are notable for failing to pay out their players. While Bovada is a globally popular name and a household brand, so you should be able to trust it, some players need a little reassurance. Allow us to provide that with our analysis of Bovada’s payout system and mechanics.
Does Bovada Pay Out?
Bovada most certainly pays out its winnings and is remarkably upfront and transparent with how its withdrawal mechanisms work. You just need to read the small print. For instance, any wins that exceed the withdrawal caps listed will still be paid out. However, this will be done in installments, and you can track those through the “Pending Withdrawals” option at Bovada. In our experience, there are many casinos out there with far less favorable terms than what Bovada is offering. We have no qualms about cashing out our winnings when betting at this popular US facing online casino and sportsbook. We had a player win over $100,000 on a Bovada Keno hit and they were paid within the hour.
Accepted Bovada Payment Options
Firstly, we must access which payment methods Bovada supports. They differ between deposits and withdrawals. For instance, depositing players can use VISA, MasterCard, American Express, a host of cryptocurrencies, MatchPlay, vouchers, or Zelle for deposits. That won’t be the case for withdrawals. When you want to withdraw your winnings, Bovada supports only cryptocurrency options (namely Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, Ethereum, and Tether), check by courier or vouchers. However, the wealth of options implies that you can easily withdraw at Bovada.
Known Fees for Bovada Pay Out
Bovada sometimes attracts unwanted attention for its fees. However, the fee system is much more user-friendly than rival sites. Moreover, not every withdrawal is subject to a fee. For instance, courier checks, vouchers and crypto withdrawals are free. Non-Bitcoin options are subject to a $30 withdrawal fee, but only if you make more than one cashout in a 30 day window. The first one is always free.
Bovada Cashout Transaction Times
Bovada won’t waste your time if you cash out with cryptocurrencies. Bitcoin withdrawals can take up to 24 hours, but most other crypto cashouts are processed within an hour or so, assuming no congestion on the blockchain. Withdrawals via courier checks can take ten to fifteen days.
Bovada Payout Caps and Limits Explained
Like most casinos, Bovada does subject you to caps and limits. Bitcoin, Bitcoin Cash and Litecoin must be worth $10 but have no max cap. You can make one withdrawal every day. Ethereum and Tether (USDT) cashouts must be worth $50 but have no upper caps. Again, you can make one withdrawal every three days.
Courier check cashouts must be worth $100 and no more than $500, with one permitted every week. Finally, voucher and MatchPay withdrawals must be worth between $10 and $3,000 and $20 to $1,000, respectively. While you can withdraw as many times as you want with vouchers, MatchPay cashouts are restricted to two per day. Unless your one of the Bovada Jackpot winners of over $100,000 you will get your payment all at once. Other wise will have to wait a day.
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