In-Depth Comparison Guide 2023

The Sports Daily
 
In-Depth Comparison Guide 2023

In the competitive world of online sports betting, the BetOnline vs Bovada debate is a common point of discussion among bettors. These two renowned sportsbooks have made a name for themselves through their commitment to providing a secure, reliable, and diverse betting experience.

However, choosing between these two giants may be a daunting task, especially when their offerings seem so similar. That’s where our in-depth comparison comes in. We’ll examine every aspect of these platforms, from welcome bonuses and promotions to odds, betting markets, customer service, and more, to help you make an informed decision on where to place your bets.

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An Overview of Bovada and BetOnline

Before diving into our detailed Bovada vs BetOnline comparison, let’s briefly explore what makes these sportsbooks popular among players. Established in 2001, BetOnline has earned a prominent position in the online sports betting industry. Famous for its wide range of sports, competitive NBA odds, and diverse betting options, this platform boasts a user-friendly interface and reliable customer support.

On the other hand, Bovada emerged in 2011 and rapidly gained traction among bettors in the United States. With an impressive selection of betting markets, competitive odds, and generous bonus offers, Bovada has also established a strong reputation for its easy-to-use website and exceptional customer service.

Both sportsbooks clearly possess numerous advantages, making them two of the most reputable and trustworthy names in the industry. But which one is the perfect fit for you? To determine this, we’ll delve into the key ranking factors in greater detail. From bonuses and promotions to loyalty programs, odds, betting markets, customer service, payment options, and more, we’ll cover all the bases so you can find the right sportsbook for you.

Bovada pros:

  • User-friendly interface
  • Rewarding loyalty program
  • Well-designed mobile app

BetOnline pros:

  • Comprehensive live betting section
  • Highly competitive sportsbook odds
  • Trusted payment methods

BetOnline cons:

  • No loyalty program
  • No mobile app

BetOnline vs Bovada: A Comparison of Welcome Bonuses

When choosing an online sportsbook, one of the key factors to consider is the welcome bonus offered to new users. In this section, we will compare the welcome bonuses provided by BetOnline and Bovada to help you determine which platform to sign up at.

BetOnline Welcome Bonus

BetOnline offers a generous welcome package for new users, comprising of a 50% bonus up to $1,000 on your initial deposit. To claim this bonus, simply use the promo code BOL1000 while making your first deposit in the cashier.

BetOnline vs Bovada comparison

Our experience with this bonus found that it’s an excellent way to kick-start your BetOnline journey. However, there are a few aspects to keep in mind. For instance, you must deposit a minimum of $55 to be eligible, and deposits made via Skrill and Neteller do not qualify. Additionally, the bonus funds cannot be utilized for live betting purposes.

Pros:

  • Up to $1000 in bonus funds
  • Bet on various sports
  • Low rollover of 10x

Cons:

  • High minimum deposit of $50
  • It cannot be used on live bets

Bovada Welcome Bonus

Bovada has a reputation for offering generous welcome bonuses, and it appears that this trend is here to stay. When you register a new account, you can claim a 50% welcome bonus of up to $250. Although the maximum bonus amount is smaller than BetOnline’s offer, Bovada’s rollover requirement is only 5x, which is half of what’s required at BetOnline.

Additionally, Bovada’s minimum deposit is a mere $20, potentially attracting a broader range of players compared to BetOnline’s $50 minimum deposit requirement for its welcome bonus. Our experience with claiming the bonus was seamless. Once the initial deposit is processed, the bonus funds become available for wagering within 30 minutes.

Pros:

  • Use on all sports
  • Low rollover of 5x
  • Up to $250 in bonus funds
  • The minimum deposit is just $20

Cons:

BetOnline vs Bovada: Comparing Existing Player Promos

When players search for a new sportsbook to join, they often compare welcome offers but neglect existing player promotions. However, overlooking these promotions can be a mistake, as they can significantly impact the overall user experience.

Because of this, it’s crucial to look past the initial welcome bonus and consider the promotional opportunities available to you as a fully-fledged member. We understand that this can be a laborious and time-consuming task, so we’ve done the hard work for you. Below, you will find comprehensive information about the existing player promotions offered by each sportsbook.

BetOnline Existing Player Promotions

BetOnline recognizes the value of rewarding returning players, which is reflected in its array of BetOnline promo codes for existing players. For instance, you can take advantage of a 25% reload bonus up to $250. The most appealing aspect of this bonus is its availability on every qualifying deposit of $50 or more.

BetOnline refer a friend

Simply use the promo code LIFEBONUS to continue enjoying the bonus. Besides the reload bonuses, you can also earn bonuses by referring friends. For each successful referral, you’ll receive a 200% bonus up to $200. With no limit to the number of friends you can refer, this promotion offers an excellent opportunity to boost your bankroll to new heights.

Bovada Existing Player Promotions

Similar to BetOnline, Bovada also offers a referral program that rewards you with a percentage of your friend’s first deposit. The sportsbook also provides Bovada promo codes and reload bonuses, often with higher match percentages for players depositing with cryptocurrencies like Bitcoin.

Bovada refer a friend

However, these reload bonuses are time-limited and are released at different times throughout the year. Because of this, we think BetOnline has a slight edge when it comes to existing player promotions.

VIP & Loyalty Schemes

While the allure of signing up at multiple online sportsbooks to take advantage of various welcome bonuses may be strong, the biggest benefits are often reserved for those who remain loyal to a specific brand. VIP and loyalty programs provide exclusive perks that elevate your iGaming experience, which is why our Bovada vs BetOnline comparison would be incomplete without examining each operator’s loyalty offerings.

BetOnline’s Loyalty Program

Unfortunately, BetOnline doesn’t offer a loyalty or VIP program. Despite offering an array of bonuses, promotions, and even a referral system, the absence of a dedicated loyalty program stands as one of the site’s most notable shortcomings. We hope to see the introduction of a loyalty program in the future, but for now, players will have to be content with the regular bonuses and promotions available.

Bovada’s Loyalty Program

On the other hand, Bovada boasts a six-tier loyalty program, making it an attractive choice for players planning to place bets consistently at a single sportsbook. As a member of the loyalty program, you’ll not only accrue points for every bet you place, but you’ll also gain access to exclusive bonuses and payment options. And when you accumulate enough points, you can redeem them for cash within the sportsbook. So if you’re looking to be rewarded for your loyalty, Bovada may be the best option for you.

BetOnline vs Bovada: Available Sports

Both BetOnline and Bovada excel as online sportsbooks, offering an extensive selection of betting options for mainstream sports like football, basketball, baseball, soccer, and hockey. Also, they cater to fans of niche sports such as cricket, darts, horse racing, and volleyball by providing numerous betting opportunities on these events as well.

In addition to their diverse sports coverage, both platforms feature a similar range of betting types, including moneylines, point spreads, totals, props, and futures. So whether you’re interested in popular or niche sports, either operator is a solid choice. With over 20 sports available for wagering on each site, you’re sure to find a wealth of betting possibilities at both BetOnline and Bovada.

Live Betting & Streaming

In our BetOnline vs Bovada comparison, we couldn’t find much difference between the two sites in terms of live betting and streaming. Both sites offer an intuitive live betting section that showcases real-time betting odds and lines for various sporting events, including baseball, basketball, hockey, soccer, golf, and more.

Bovada live betting

Additionally, BetOnline and Bovada offer selected live streaming options on their sites, which allows you to keep track of the games while placing your bets. The only discernible difference between the two platforms regarding live betting is the user interface.

Although both sites have well-designed and user-friendly live betting sections, BetOnline outshines its competitor with its innovative features, such as the multi-view and event view options, which offer more personalization to the user experience. Because of this, we have to give a slight edge to BetOnline over Bovada. However, both platforms are excellent choices for live betting.

Odds

Bettors are constantly looking for the best value for their money, and they will flock to sportsbooks that consistently offer better odds than their competitors. Both BetOnline and Bovada clearly recognize this, as demonstrated by their competitive odds across a variety of sports and events.

Not only do both sportsbooks offer competitive odds, but they also enable effortless transitions between American, decimal, and fractional odds formats. So if you’re looking to get the most value out of your bets, you can’t go wrong with BetOnline or Bovada.

BetOnline vs Bovada User Experience

When examining the interfaces of both BetOnline and Bovada, we found that they both feature clean and minimalist designs, ensuring effortless navigation throughout the websites. The layouts are uncomplicated, with well-defined sports categories and easily discoverable events.

Although both platforms cater to beginners and experts alike, Bovada holds a slight advantage in terms of user-friendliness for beginners. The menus are remarkably intuitive and straightforward, while BetOnline’s menus can be somewhat more intricate. Nevertheless, both sportsbooks offer an enjoyable experience for users of all skill levels.

In terms of loading speed, both sites perform well as long as you have a stable internet connection. One notable feature that sets Bovada apart is the real-time live odds updates without needing to refresh the page, adding an extra layer of convenience to the experience.

Mobile Apps: Bovada vs BetOnline

Mobile betting has seen a surge in popularity in recent years, with this upward trajectory only expected to continue. Because of this, it’s important to compare the mobile-friendliness of sportsbooks to ensure you don’t miss out on the hottest odds and betting opportunities. With a mobile sportsbook app at your disposal, you’ll be well-equipped to seize every chance that comes your way.

Bovada offers a downloadable app that seamlessly mirrors the desktop website’s functionality, with the added convenience of placing bets on the move. BetOnline doesn’t offer a standalone sportsbook app, but there’s no need for concern. The website has been optimized for mobile use, allowing you to access its features without the need for downloads. In line with their desktop counterparts, both Bovada and BetOnline’s mobile versions deliver smooth, user-friendly experiences.

BetOnline vs Bovada Payments & Withdrawals

Comparing the deposit and withdrawal methods is crucial. It’s also important to consider processing times, fees, and limits associated with these transactions. Our research shows that BetOnline boasts an extensive array of deposit options, all of which are secure and reliable.

Not only are deposits processed instantly and free of charge, but cryptocurrency withdrawals are also completed within 24 hours without incurring fees. An additional benefit of using cryptocurrencies like Bitcoin is the generous maximum withdrawal limit of $100,000. This makes BetOnline one of the best Bitcoin betting sites available online.

Bovada, on the other hand, offers a similarly impressive range of payment options for funding your account. Whether you prefer traditional credit and debit card payments or cutting-edge cryptocurrency methods, you’ll easily find a suitable option. Bovada does not impose fees on cryptocurrency transactions either, and the weekly withdrawal limit comes in at $180,500.

Customer Service: Bovada vs BetOnline

Both Bovada and BetOnline pride themselves on offering user-friendly and intuitive platforms, fostering a seamless user experience. As a result, it’s rare that you’ll need to contact their customer support. However, should you need help with anything, you’ll have multiple channels to reach out for assistance. Both sportsbooks provide 24/7 customer support, ensuring help is always available when you need it. Live chat is an option at both Bovada and BetOnline, as is email support.

The primary distinction between their customer support services is that BetOnline offers phone support, whereas Bovada does not. Additionally, Bovada’s live chat feature is exclusively available to members. Response times for live chat inquiries are quick at both sites, with support agents demonstrating professionalism and expertise. While both sportsbooks aim to respond to email inquiries within 48 hours, our experience found that they often reply much sooner.

BetOnline help center

BetOnline Vs Bovada Safety & Regulation

Safety and security are paramount when selecting an online sportsbook. BetOnline and Bovada, both offshore sportsbooks licensed outside the United States, have consistently demonstrated a commitment to providing secure betting platforms. Over time, they have cultivated solid reputations for maintaining safe and reliable websites for placing bets.

Licensed by credible governing bodies, both sportsbooks use advanced security measures, such as SSL encryption and firewall technology, to safeguard their platforms. Consequently, in the BetOnline vs Bovada safety comparison, neither emerges as a clear winner, as both sites deliver exceptional levels of safety and fairness.

Final Verdict: BetOnline vs Bovada

After carefully reviewing and comparing the key features of BetOnline and Bovada, it’s evident that both sportsbooks have their own unique strengths and advantages. BetOnline shines in areas such as existing player promotions, a broader range of payment options, and a more sophisticated live betting interface. On the other hand, Bovada excels in providing a more user-friendly platform, especially for beginners, and boasts a loyalty program that rewards consistent players.

Ultimately, the choice between BetOnline and Bovada boils down to personal preference and individual needs. If you prioritize a more extensive array of promotions for existing players, diverse payment options, and a cutting-edge live betting experience, BetOnline might be the better option. However, if you are looking for a user-friendly platform and a rewarding loyalty program, Bovada could be the right choice for you.

Both sportsbooks offer competitive odds, diverse betting markets, and top-notch customer support, ensuring that you’ll have a positive betting experience regardless of your choice. So, take your time to weigh the pros and cons of each platform and choose the one that best fits your personal preferences and betting style.