Micheal Austin is a professional writer and an extensive researcher of gambling legislation. He has vast experience writing about sport and casino. He has contributed to a wide range of gambling sites and news outlets, including August Free Press, Business2Community, Sports Lens, Sports Talk Philly and The Sports Daily.
All posts by Mike AustinThis is our expert review of a hotly contested debate in the world of online sportsbooks; who reigns supreme, Bovada or MyBookie? Both of these sportsbooks offer users a unique and exciting sports betting experience, but only one can be the overall winner, so we’ve taken the time to review all of the important aspects of these gambling sites and pit them against each other.
In this article, we take a look at everything from the bonus offers, promotions, and range of sports betting options to customer service, payment options, and much more. So, if you have been eyeing these two sportsbooks and want to know who we think is the better choice right now, then keep reading to learn more!
Bovada vs MyBookie: Review Summary
The critical aspect we examine here is what services each of these sites are famous for and their ability to cover the needs of a sportsbook enthusiast. Both sites offer attractive welcome bonuses for new signups and recurring bonuses to keep them coming back.
Bovada and MyBookie cover almost all the major sporting events globally and provide more betting markets than some of the best offshore sportsbooks in the USA. They have also ensured that their odds are some of the highest in the market, which results in more winnings for your wagers. Since they both have many positives, let us analyze these websites and see which suits your gaming needs.
What are Bovada and MyBookie?
Bovada is an online sports betting and gambling website that offers a variety of services, including sports betting, casino games, horse racing, and poker. Bovada is a popular destination for online sports betting enthusiasts in the United States and is known for its user-friendly interface, competitive odds, and wide range of betting options.
Much like Bovada, MyBookie also offers a sportsbook, casino, and horse racing betting options for their users. It’s a safe haven for betting and gaming fans where they can find just about any and all gambling options that they love. One unique feature that makes MyBookie stand out is its live streaming feature, where you can view all the biggest sporting events.
Bovada Pros and Cons:
Pros:
- Secure range of payment methods
- Excellent live betting feature
- Tons of sports to bet on
- Easy to create your account
Cons:
- Could do with a few more promotions
MyBookie Pros and Cons:
Pros:
- Ample markets to choose from
- Live streaming available
- 24/7 support
- Competitive betting lines
Cons:
- A limited selection of payment options
Bovada Vs MyBookie: Welcome Bonuses
Welcome bonuses are a staple for the biggest sportsbooks and online casinos in the world right now. Online gambling sites use these welcome bonuses to attract new players to their sites. This is no different with Bovada and MyBookie, as both of these stellar platforms currently offer new users on their site the chance to claim some exciting bonuses that can be used for all things sports betting.
MyBookie
MyBookie currently offers an exciting welcome bonus for new players with which you can get your hands on a 50% deposit bonus up to $1,000 for sports betting. There are very few limitations to the offer, which means you can use your bonus to bet on all of the available sporting events on the site.
Some of the more important terms and conditions to keep an eye on when you use your MyBookie bonus offer are the wagering requirements. So, to withdraw any winnings from using the bonus funds, you need to roll over your bonus 10x. On top of that, you will need to make a deposit of at least $50 to take part in the offer. Aside from that, you don’t have much else to worry about with the offer.
Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted? Sports Welcome Bonus 50% up to $1000 INSIDERS 10x $50 Yes Bovada
Bovada offers a smaller bonus for their users, as you can cash in on a 50% matched deposit bonus of up to $250. Just like MyBookie, Bovada allows their users free reign with the bonus offer, so you can place your bets on a number of different sports, all while utilizing the number of various markets that are available on the platform too.
There are a couple of things to keep in mind with regard to the terms and conditions of the Bovada sportsbook welcome offer. Firstly, when you use the bonus, you will need to roll over the amount that you claimed 5x before you can withdraw your winnings. This means that if you claimed the full $250, you would need to wager a total of $1,250 before you can get your hands on your winnings. You will also need to deposit at least $20 to claim the smallest amount possible from the offer.
MyBookie certainly offers the bigger bonus here, but they do also have higher wagering requirements which can make things a bit trickier when you are trying to successfully use the bonus. Try to keep track of your progress when it comes to your wagering requirements so that you know exactly where you stand before trying to make your withdrawal.
Bonus name Bonus amount Promo code Rollover Minimum deposit Bitcoin accepted? Sports Welcome Bonus 50% up to $1000 BVD1000 10x $55 Yes Additional Promotions at Bovada and MyBookie
Both MyBookie and Bovada offer their users the chance to claim more than just a sports welcome bonus. These are some of the very best online sportsbooks around, which means that you can expect to find multiple promotions to claim at any given time, sometimes relating to specific sporting events.
MyBookie
MyBookie is currently offering a staggering reload bonus for existing users. The offer is a 25% matched deposit bonus with NO limit. You heard that right. When you make another deposit on the site and claim the bonus, you can claim 25% of whatever you deposit as a bonus offer. That is pretty astounding. However, the offer does come with 6x rollover requirements, so be wary of how much you claim as a bonus.
Mybookie doesn’t stop there, as they currently offer an 8% horse racing rebate as well. The promotion is only applied to the racebook itself and not any other horse racing matchups you might find in the sportsbook itself.
Aside from this, users can also make use of the refer-a-friend program, where you can earn yourself a nifty $200 (depending on what your friend’s initial deposit was.) Once your friend makes their first deposit, you earn a 200% bonus of whatever they deposited.
Bovada
Bovada does not currently offer the same suite of promotions that MyBookie currently does, but they do have a lot more welcome bonus options on their site. For example, you can find two sports betting welcome bonuses for their sportsbook; one we already touched on, while the other is a Bitcoin-specific sports bonus where you can net up to $750.
Aside from this, you can cash in on the refer-a-friend promotion on the site. All you need to do is get one of your friends to sign up for Bovada. They will need to deposit at least $20 for you to be eligible for the 200% deposit match. Much like MyBookie, your bonus amount will depend on how much your friend initially deposits. You can claim up to $200 from the offer.
In the Bovada vs MyBookie promotions debate, we think MyBookie has walked away as the winner here. Both sites offer great bonus offers, but MyBookie does more for their existing users as they have a number of exciting promotions to claim. Hopefully, Bovada will add a couple more promotions for their existing users to claim in the near future.
Rewards Programs
Both MyBookie and Bovada offer VIP programs on their sites right now. Unfortunately, you will need to be invited to the MyBookie VIP program, unlike the Bovada program. However, MyBookie will invite users to be a part of their VIP schemes should they feel that you meet certain requirements. These requirements aren’t expressly stated, but we can assume this based on how often you bet on the site and, especially, how much you are betting.
The MyBookie VIP program is a detailed, 3 tier program that gives you progressively better features and rewards the higher you climb. The three tiers are as follows: Heart, Club, and Diamond. Here are the various rewards you can receive from each.
Heart
- Prioritized payouts
- Free entry to VIP contests
- Birthday bonus
- Monthly casino cashbacks
- VIP welcome bonus
- Exclusive VIP promotions
- Dedicated VIP support specialists
Club
- All heart benefits
- Additional deposit options
- Enhanced betting limits
Diamond
- All club benefits
- VIP account manager
- Dedicated contact channel
The Bovada VIP program works very differently from that of MyBookie. Players can earn Rewards Points by simply using the site. The points you earn will vary based on what you are betting on. For example, for every $1 you spend betting sports singles, you receive 2 Rewards points. However, for every $1 you spend on racebook multiples, you receive 60 Rewards points.
Like the MyBookie VIP scheme, there are a couple of different tiers that you can work your way through with the Bovada program. The levels work as follows: Starter, Rookie, Pro, All-Star, Legend, and Hall of Fame. Each tier has three levels for you to work through. It’s pretty simple, so let’s take a look at what you will need to do to advance through each level.
- Starter: lifetime points required = 0, rewards points redemption rate = 2,500/$1
- Rookie: Level 3 lifetime points required = 10,000, rewards points redemption rate = 2,500/$1
- Pro: Level 3 lifetime points required = 60,000, rewards points redemption rate = 1,666/$1
- All-Star: Level 3 lifetime points required = 500,000, rewards points redemption rate = 1,250/$1
- Legend: Level 3 lifetime points required = 2,5 million, rewards points redemption rate = 2500/$1
- Hall of Fame: Level 3 lifetime points required = 5 million, rewards points redemption rate = 1,000/$1
Sports Betting Options at Bovada and MyBookie
There are tons of betting options at both MyBookie and Bovada. You can find all of the major sports at both these sites, such as baseball, basketball, football, soccer, and many more. Plus, you can also find things like table tennis, motorsports, and MMA as well.
If we compare them in complete detail, we do find that Bovada offers a slightly more in-depth sports betting offering, as they cover more niche events and offer some of the lesser-known sports to bet on as well.
Live Betting and Streaming
Both Bovada and MyBookie offer live betting options on their respective sites. This means you can place your bets in real-time while matches are still unfolding. Plus, you can even find cash-out options with both of these sites, but you’ll need to look out for the cash-out symbol on the match you are betting on. Also, the live betting features run incredibly smoothly with both of these sites, so we’ll call them pretty much equal even in this regard.
However, where MyBookie pulls away is with their live streaming service, a service that Bovada does not currently provide. The live streaming feature at MyBookie works great and it allows users to watch some of the biggest sporting events from around the globe. This means you can place your bets on the site and stick around to see how they pan out.
Odds
When it comes to Bovada vs MyBookie odds, you won’t find too many discrepancies. This is largely because these sportsbooks will stick to an industry standard for most matches. However, with that being said, that doesn’t mean that you can find value in your bets with both of these sites.
This is particularly true for odds that have been put up for an event that is still a few weeks away from happening. Odds can change in the lead-up to a match which means that you can catch them at the right time before they change. Take your time to compare the odds between the two sites for the same fixture to see which of them is offering you slightly better numbers.
Bovada vs MyBookie: User Experience
When it comes to the user experience on both of these sites, we’ve found it to be all but impossible to separate them. Both of these sites have done an exceptional job of creating a platform that caters to veteran punters while still remaining very easy for newbie gambling fans to use as well.
While both of these sites have made it easier for users to place their bets and fund their accounts, we do think that MyBookie probably just pips Bovada at the post when it comes to the overall aesthetics. We love the look of the MyBookie platform. It’s clean, simple, and easy on the eyes, which is why we favor its overall look to Bovada’s.
Bovada vs MyBookie: Mobile Apps
Mobile apps are a great way for sports betting fans to get their bets in while they are on the go or they are at work. However, Bovada and MyBookie both operate their sites offshore, which means that they don’t currently offer streamlined mobile apps for you to download unlike some of the sites on our list of the best mobile betting apps.
This would be a major letdown if we weren’t so impressed with how well both of these sites have optimized their platforms for mobile borders. This means that you can access either MyBookie or Bovada via your mobile browsers. You will find all of the same bells and whistles that you would otherwise find on the main desktop versions of these sites.
All in all, we could say that MyBookie has perhaps done a slightly better job on this front, but in reality, the difference is so nominal that you will barely notice. Both Bovada and MyBookie have done a great job optimizing their platforms for your mobile browsers.
Bovada vs MyBookie: Payment Options
Bovada presents a comprehensive and user-friendly selection of payment methods to guarantee seamless transactions for its players. Covering everything from conventional credit cards to cryptocurrencies such as Bitcoin, Bitcoin Cash, and Ethereum, as well as modern solutions like MatchPay and Zelle. As things stand, they offer a wider range of options than MyBookie.
MyBookie may have fewer options than Bovada, but they still provide users with secure and reputable payment providers. Their options consist of major credit cards like Mastercard and Visa, innovative cryptocurrencies such as Litecoin, Bitcoin, Bitcoin Cash, and Ethereum, as well as convenient solutions like Person2Person. Plus, with a steadfast commitment to prompt withdrawal processing, MyBookie ensures that all requests are attended to promptly, with a standard turnaround time of just 48 hours.
Betting Site Payment Methods Min/Max Deposit Withdrawal Time Bovada Debit cards, credit cards, cryptocurrency, Rapid Transfer $20/$5,000 2-5 business days MyBookie Debit cards, credit cards, cryptocurrency, Person 2 Person $20/$500,000 2-5 business days Bovada vs MyBookie: Customer Service
Both Bovada and MyBookie offer their users the same number of avenues to reach their support teams. This means that gamblers can always reach a support member when they are in need, as both of these platforms make their service available 24/7.
At MyBookie, users can benefit from a perpetual live chat service that guarantees swift and thorough assistance for any concerns at any hour of the day or night. If you need to submit a lengthier message or include attachments, the email service is also available for your convenience. Plus, the platform boasts a highly informative help center that contains detailed FAQs on a broad range of topics, providing valuable insights and information to assist you in navigating any challenges you may encounter.
Bovada provides unparalleled customer support options, including round-the-clock live chat assistance, a comprehensive FAQ section, and efficient email support, ensuring that users always receive the help they need. However, after conducting a thorough analysis, we did find that MyBookie’s help center surpasses Bovada’s, offering a wider range of topics and FAQs to cater to users’ needs and provide greater value.
Bovada vs MyBookie: Licensing and Regulation
It’s vital that you only ever use sportsbooks that have been fully licensed and regulated by an official gambling regulatory body. These sportsbooks need to go through the correct channels to be able to operate legally and safely. Fear not, though, as Bovada and MyBookie have both done exactly that.
Bovada is currently licensed and regulated by the government of Curacao. They have jumped through all of the necessary hoops to be able to operate legally. More so than that, though, Bovada also makes sure that they keep their players’ accounts and funds safe by using the latest in encryption technology. This means that you can place your bets and deposit cash into your account without worrying about any nefarious third parties getting their hands on your information.
The same level of detail is applied at MyBookie. They, too, are regulated and licensed by the government of Curacao. MyBookie is on the money with the security features as well and has also employed the latest in encryption softwares. So you can create your account and start betting with MyBookie, safe in the knowledge that your account is very well protected.
More of our Sportsbooks Comparisons …
Discover more of our Sportsbooks Comparisons with our comprehensive sports betting guides below:
- BetUS vs Bovada Comparison
- BetUS vs MyBookie Comparison
- BetUS vs BetOnline Comparison
- Bovada vs Ignition Comparison
Conclusion
We have taken a close look at both Bovada and MyBookie, and we have walked away from the experience thoroughly impressed with both of these sportsbooks. The services provided on the site, along with the unique features that they offer, give users a truly superb sports betting experience. With that being said, we did feel as though MyBookie, ever so slightly, outperformed Bovada.
Bovada did outshine MyBookie with the range of sports and perhaps the range of payment methods, but aside from that, MyBookie seemed to edge Bovada in every other section. MyBookie has very strong customer support service, unique features like live streaming, robust security features, and a far better range of promotions for existing customers.
While we do favor MyBookie in this comparison, that does not mean to say that we dislike Bovada at all. In fact, Bovada still stands out as a top-quality sportsbook in the industry right now. We’d like to see them add some more promotions to their site in the future, but apart from that, they have done an excellent job of putting together a sportsbook that caters to all different sports betting skill levels.
FAQs
Is Bovada illegal in the US?
Which is better, Bovada or MyBookie?
Which site has the best offers, Bovada vs MyBookie?
