BetOnline vs. Bovada, which is Best for Sports Betting?

BetOnline and Bovada are two of the most successful online bookmakers. As offshore casinos, they are headquartered outside your country and licensed and regulated by a separate entity. In the case of BetOnline, their license comes from the Panama Gaming Control Board. The Kahnawake Gaming Commission once regulated Bovada, but currently, the website operates out of Costa Rica, one of the most respected offshore gambling jurisdictions.

Both of these bookmakers have a ton to offer to their users. However, we would like to go over the ups and downs of each and see how they compare. We will compare odds, bonuses, and even layouts and ultimately determine a winner. In doing so, we will be able to provide you with a superb gaming or betting experience.

Who Gives the Better Odds?

BetOnline has been going strong for over two decades. They first opened their proverbial door in 2001 and have been bringing innovations to online betting ever since. You might be familiar with BetOnline due to the stunt they pulled in the late 2000s, where they hired a veteran climber to place the first bet from the summit of Mount Everest. The website promised they would donate $20,000 to charity if the expedition succeeded. And though it failed, BetOnline still donated the money.

Bovada is much younger than BetOnline. However, they have still garnered over a decade of experience. Currently operating out of Costa Rica, the website covers various sports and prestigious events and offers an extensive library of casino games, including poker, slots, and blackjack.

So, the question we have now is, “Which of these two gives the better odds?” According to many expert reviews of BetOnline, the website offers some of the best odds in the sports betting market. However, if you were to browse Bovada, you would notice that they are not far behind. In fact, at points, they might even be better. Both websites exceed each other in terms of odds, depending on the season and sport.

If we had to pick a winner, BetOnline has a slight advantage, as it offers superior odds more often and on more popular sports. For example, they’ve given slightly better odds for football and soccer matches. Football dominates American culture, and soccer is the most popular sport worldwide.

The Welcome Bonus

The most enticing things about online casinos are the welcome bonuses. Once you join an online bookmaker, you will get a little extra something when you make your first deposit. This reward will depend on the website, so we compare Bovada’s to BetOnline’s welcome bonuses in this section.

As it stands, the BetOnline welcome bonus is a 50% up to $1000 bonus. This bonus means that you will receive 50% of the cash once you make a deposit. And this offer is good for up to a $1000 deposit. This means the Welcome Bonus can award you up to $500.

The Bovada welcome bonus is the same concept. It is a 50% bonus up to $250, which means that a Bovada bettor will get up to $125. Of course, these bonuses come with terms and conditions you must read through and meet to get your hands on the bonus. However, just based on the numbers, BetOnline is the clear winner.

Deposits and Withdrawals

Another big issue with online sports bettors involves deposits and withdrawals. Some websites offer different options and better transaction speed than others. So, in this section, we will compare the difference between Bovada and BetOnline’s transactions.

You will first want to know that both accept crypto-based transactions. Crypto betting is a massive thing in gambling right now and is only growing more popular. BetOnline accepts Bitcoin, Ethereum, and Litecoin, whereas Bovada accepts Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Tether, and Bitcoin SV. So, for crypto bettors, Bovada is the better choice.

However, BetOnline has more options for betting in general. Whereas Bovada only accepts cryptocurrency and card-based payments, at BetOnline, you can use cards, crypto, direct wire transfers, etc. It is worth noting that, for the most part, they have identical minimal and maximum deposits and withdrawals, so that you won’t get a big difference there.

Conclusion

Both websites offer excellent services. However, BetOnline seemingly comes out on top. Not only can you win cash races, but the website is ahead of Bovada in every category except crypto-diversity. However, this does not mean that Bovada is not worth your time. After all, the bookies bring excellent odds to the table while considering the latest news in football, basketball, soccer, etc. However, if you are playing a numbers game, BetOnline should be your first choice.