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BetOnline vs Bovada: Which Sportsbook is Better in 2024?

By · Updated 3 years ago
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BetOnline and Bovada are two of the biggest names in the world of online sports betting. Thousands of US players log in to one of these two sites every day to bet on their favorite sports and play casino games.

If you’re planning to create an account on one of these sportsbooks and wonder which is better, you’ve come to the right page, as we will make an in-depth comparison to try and give you a definitive answer. Read on!

Odds

When it comes to odds, we can conclude that BetOnline has a slight advantage. For example, while doing our research, we found that both sportsbooks gave odds of -450 for the Brooklyn Nets to win against the Boston Celtics. But if you were to bet on Boston, you’d find odds of +360 on BetOnline and only +325 on Bovada.

We detected a similar situation in the UEFA Champions League final, where both gave odds of -115 on Manchester City, while the odds on Chelsea were +365 on BetOnline and +340 on Bovada. Moreover, the odds on a draw were +250 on BetOnline and +245 on Bovada.

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Of course, you will find examples where the two have almost identical odds for certain markets. We found this to be the case with many futures.

Sports

Both Bovada and BetOnline allow you to bet on a wide range of sports, but Bovada seems to be a bit more extensive in this section. Sports you can find on Bovada that aren’t currently available on BetOnline include Gaelic games, handball, table tennis, and volleyball.



Of course, both have extensive coverage of the most popular US sports like football, baseball, basketball, ice hockey, MMA, etc.

image of betonline vs bovada sports markets

As for individual competitions in each sport, Bovada again takes the win. For example, there are over 80 basketball leagues you can find on Bovada, while that number is significantly lower on BetOnline.

Betting Markets

You won’t be faced with a shortage of markets no matter which of these two betting sites you select. Each has all the main markets for the most popular sports, together with hundreds of prop bets and futures.

betonline vs bovada prop bteting markets

If we had to choose a winner here, we would go with Bovada because it is very thorough in offering proposition bets. For example, the most popular soccer events will come with bets like “goalscorer + correct score,” while we didn’t find such a bet on BetOnline.

Welcome Bonuses and Other Promotions

BetOnline has a sports betting welcome bonus of 50% up to $1,000, with a minimum deposit of $55 and a 10x rollover requirement. On the other hand, Bovada has a 50% bonus up to $250 with a 5x rollover and a lower minimum deposit threshold.

image of betonline's sports promotions

Both sportsbooks accept Bitcoin and offer special crypto bonuses for their first-time depositors. With BetOnline, you’ll get a 100% crypto bonus up to $1,000 on a minimum deposit of $20. However, the rollover is 14x. Bovada’s Bitcoin offer consists of a 75% match bonus up to $750 with a rollover of 5x.



With all of this information, we can conclude that BetOnline has higher bonuses but with stricter conditions. As for other promotions, BetOnline has a reload sports bonus for both crypto and fiat deposits, while Bovada offers refer-a-friend bonuses and a loyalty program. Both sportsbooks also have welcome bonuses for casino games and poker.

Banking

image of betonline's deposit and banking options

You can deposit on BetOnline using seven different cryptocurrencies, all having a minimum deposit limit of $20. Other methods include credit cards, person-to-person, Money Order, wire transfers, and cashier checks. Withdrawals can only be made using cryptos, per-to-per, wire transfers, and courier checks. Crypto withdrawal limits on BetOnline are $20 minimum and $100,000 maximum.

image of bovada's bitcoin and cryptocurrency welcome bonus promotions


Options on Bovada include Bitcoin, Bitcoin Cash, Litecoin, Zelle, MatchPay, credit cards, and vouchers. Minimum deposit limits range from $10 for BTC, BCH, BSV, LTC to $50 for ETH and wire transfers, while withdrawals can only be made using cryptos, courier checks, and vouchers. The best way to cash out would be using BTC, BCH, and LTC, as withdrawals with these methods come with a minimum limit of only $10 and no maximum limit.

Final Verdict

image of the final verdict of betonline vs bovada

Even after such a detailed analysis, we still can’t claim that either of these two sportsbooks is better for you. BetOnline has better odds and higher bonuses, but Bovada features more sports and markets. Both are crypto-friendly, although Bovada has higher deposit and withdrawal limits.



In any case, we hope that this comparison will help you make the right choice. Good luck!

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