Those of you who have taken advantage of our comprehensive Bovada review will know the site offers some bonuses that are aimed at the casino, sportsbook, and poker platform.
Below, we run through our own harrowing experience when making use of the Bovada sign-up bonus.
To make use of the deposit-match sign-up bonus, first of all, you need to (you guessed it) sign up to Bovada!
The process is pretty straightforward. New customers must supply basic personal details, accompanied by photo identification and a utility bill or proof of residence. Once the verification checks are complete, you can begin using the Bovada bonus code, or preferably not!
For users who plan to deposit by card, no bonus code is needed. You will receive a 100% deposit match up to the value of $500. However, for those of you who wish to deposit using Bitcoin, you must enter BVCBITCOIN150 to unlock a 150% deposit match up to the value of $1500.
However our sincere advice is to get neither, as Bovada simply cannot be trusted!
Throughout a period of 30 days, customers will earn their bonus by accumulating points. Once you have earned 150 points, $5 of your bonus will be converted into cash.
Any bonus funds will be non-withdrawable. However, once you have received enough points to convert your bonus to real cash, you can then look to withdraw or place wagers on more poker games and tournaments. The minimum withdrawal associated with any Bitcoin transaction is $10 equivalent, with $20,000 being the upper limit.
To be honest, you can get better poker bonuses elsewhere and you have very little chance of achieving this one in the 30 day time limit.
As we mentioned earlier in our Bovada review, the platform is currently not licensed by a legitimate source across the US. This means any bonus funds and site deposits will not adhere to specific and strict state laws.
The staking requirements needed to turn your bonus credits into cash are fairly high, appealing to high-stakers as opposed to betting newbies. So you should probably avoid this bonus,
It's a tough day at the office when our experts have to classify a dodgy poker bonus as blacklisted.
On paper, the bonus itself is a great opportunity to get used to the world of poker by being supported with a 100% deposit match bonus. However the wagering requirements are fairly substantial, meaning that the points barely contribute to your Bovada loyalty program points.
So we at Captain Gambling cannot promote a dodgy bonus supplied by an operator who does not hold a valid US license.