Bovada has long been one of the most popular and biggest online betting sites available. It comes complete with a sportsbook, horsebook, casino and poker rooms. Live Betting on sports as well as Live Dealers in the casino are available as well. Sleek and innovative, Bovada has invented or improved most aspects of online gambling over the years and this includes their breakthrough in rewarding customer loyalty with the best Rewards Program available anywhere online.
The Bovada Rewards Program is a tiered rewards program which allows you to earn cash back on all of your wagers. The more you play, the more you earn on the backend. It’s as simple as that. Simply by joining Bovada you are enrolled into their reward program and instantly begin earning points. You are able to cash out at anytime and the cash outs are available immediately.
The 2020 Chiefs are the only team in the last two seasons to allow over 40% of their opponent’s points in the fourth quarter. The 2020 Buccaneers have allowed 17.2% of their points in the fourth. Reward points are awarded at the rate of 4 points for every dollar played on slots and 1 point for every dollar played in other games. You rack up points four times faster play the slot games. These are the levels you can achieve: Steel: 0 points Chrome: 2,000 points Bronze: 5,000 points Silver: 15,000 points Gold: 40,000 points Platinum.
But how does it work exactly? How is this beneficial? Why is Bovada’s Reward Program better than others? It is all actually very simple. Every wager you play on Bovada does two things in the Rewards Program. It increases your Reward Points and your Tier Points. The Reward Points are what you cash out. Those points are determined by a percentage of any loss you take on a wager.
Your Tier Points determine that percentage. So, the more you wager, the more tier points you receive and the higher the tier you climb. The higher the tier you reach, the higher the percentage of any loss you receive in your Reward Points. The higher your Reward Points you earn, the more cash you get back when you cash out. It is a great, straight-forward system available just for signing up and playing.
You can cash out whenever you like and it will never affect your Tier Points. Those will always accumulate as long as you are playing on Bovada so you are always earning. Other online gambling sites either do not have a rewards program or, if they do, they don’t earn you much of anything for playing. On Bovada you earn no matter where you play. Whether in the sportsbook or the casino, at the track or in the poker room. Your points are accumulating no matter where you play.
Bovada brings everything you want in an online gambling site together in such an easy way. The welcome bonuses, the reloading bonuses, the promotions on big events, and, of course, the Rewards Program only accentuate the top of the line gambling experience readily available. All the sports from all over the world are all available.
All of the wagers you can ask for with teasers, parlays, futures, and props are all available. Plus, you are able to earn while you play with a Reward Program designed to compensate loyal customers simply for placing a wager. Bovada has always led the way on new innovations so expect to see more reward programs become available but don’t expect that they will never be as good as with Bovada.
Bovada updated its bonus and rewards program on August 22nd 2017. Below is an explanation of how the new program works. Take me to Bovada now!
- Bovada Rewards earns you points for all the Sports bets you make and the Casino games you play.
- All sports bets including Single bets, Parlays, Round Robins and all Casino play including Slots, Table Games, Video Poker and Specialty Games.
- Head over to your Rewards Portal and click on “Get My Bonus”, then you can choose to redeem all or just a portion of your Rewards points.
- Redeem your Rewards points for cash bonuses, which can be used in our Sportsbook, Racebook or Casino.
- No, but you will continue to earn Poker Points for your Poker play.
- Not right now, but stay tuned!
- Rewards points for Sports bets are only credited upon the settlement of the wager.
- Yes, rewards points are issued on settled Sports bets for either the amount wagered or the amount won, whichever is smaller.
- With every eligible wager you will earn both tier points and rewards points at the same rate. Tier points are cumulative and are used to track your progress moving up the 14 rewards levels. You can not convert tier points to cash bonuses. Rewards points are placed into your points balance and can be used at any time to exchange for cash bonuses.
- The point balance is updated automatically and immediately after placing a Casino bet, while the point balance for Sports wagers is updated once the bet has been settled.
- Rewards points expire 12 months after they were earned.
- No.
- Easily view your status level, points balance, bonuses as well as how many points you need to make it to the next level right from your Rewards Portal.
- rewards program is new, but most of the customers are not. Bovada reviewed all of its’ existing player accounts and placed them into the status level they deserve to be in based on their lifetime history with Bovada.
- Congrats. It’s possible you may now be invited into our exclusive Red Room so keep playing!
- No, once you reach a status level, you’re locked in and will never lose it. Plus you’ll continue to reap the benefits, even if you take an extended time away.
- Yes you can.
- Unfortunately cash bonuses from the Bovada Rewards Program cannot be used in the Poker Room.
- The rollover is 10x for Casino and 2x for Sports/Racebook.
- Every day Bovada will check to see if your balance fell below $10, not including money in play, and if it has then Bovada will check to see if you are eligible for a cashback bonus. This is how Bovada will calculate it: From the last time you received a cash back bonus, or your first deposit in case you haven’t received one yet, Bovada will look at your total deposits, minus your total withdrawals, minus your ending balance. If that number is positive, then Bovada has determined you have suffered a loss and are eligible for cash back. Cash back percentage is based on your rewards level and is issued in the form of a cash bonus. Your cash bonus can then be used anywhere in our Sportsbook, Racebook or Casino.
- The rollover is 1x for Casino, 1x for Sports/Racebook and 1 Poker Point per dollar.
- Yes, Bovada will be offering exclusive promotions and offers and expanding the program further in the future.
For updates, to check your level or to sign up on Bovada If you do not like the new Bovada rewards program or want to do some line shopping. Check out our picks for the Top 5 Online Sportsbooks.
Already have a Bovada account and want another welcome bonus or maybe you want to shop betting lines. See the top offers from a top online sportsbook at Sportsbetting.ag
How Bovada Rewards Works
1- Have Fun
It’s easy to rack up those rewards points with hundreds of awesome casino games to choose from.
Betting on the big fight and your favorite sports teams just got even better now that you’ll also be accumulating rewards points.
2- Get Rewarded
Tier Points!
The points you earn while you play will allow you to move up in our tier levels. For every new tier you reach, you’ll unlock bigger and better rewards!
Rewards Points
The rewards points you earn can be redeemed at any time for cash bonuses. Simply exchange some, or all, of your points for a cash bonus whenever you want.
Bovada Reward Points One
Bovada Rewards Levels
1. Bovada Starter Level
- Redemption Rate 2500/$1
- Cashback Bonus 5%
2. Bovada Rookie Level
- Redemption Rate 2500/$1
- Cashback Bonus 5.5%
Rookie Level 2
- Redemption Rate 2500/$1
- Cashback Bonus 6%
Rookie Level 3
- Redemption Rate 2500/$1
- Cashback Bonus 6.5%
3. Bovada Pro Level 1
- Redemption Rate 1666/$1
- Cashback Bonus 7%
Pro Level 2
- Redemption Rate 1666/$1
- Cashback Bonus 7.5%
Pro Level 3
- Redemption Rate 1666/$1
- Cashback Bonus 8%
4. Bovada All Star Level 1
- Redemption Rate 1250/$1
- Cashback Bonus 8.5%
All Star Level 2
- Redemption Rate 1250/$1
- Cashback Bonus 9%
All Star Level 3
- Redemption Rate 1250/$1
- Cashback Bonus 9.5%
5. Bovada Legend Level 1
- Redemption Rate 1000/$1
- Cashback Bonus 10%
Legend Level 2
- Redemption Rate 1000/$1
- Cashback Bonus 11%
Legend Level 3
- Redemption Rate 1000/$1
- Cashback Bonus 12%
6. Bovada Hall of Fame
- Redemption Rate 1000/$1
- Cashback Bonus 15%
Bovada Reward Levels & Benefits
| Level | Tier Points Required | Redemption Rate | Daily % |
|---|---|---|---|
| Starter Level | 0 | 2,500/$1 | 0.05 |
| Rookie Level 1 | 2500 | 2,500/$1 | 0.055 |
| Rookie Level 2 | 5000 | 2,500/$1 | 0.06 |
| Rookie Level 3 | 10000 | 2,500/$1 | 0.065 |
| Pro Level 1 | 25000 | 1,666/$1 | 0.07 |
| Pro Level 2 | 40000 | 1,666/$1 | 0.075 |
| Pro Level 3 | 60000 | 1,666/$1 | 0.08 |
| All-Star Level 1 | 150000 | 1,250/$1 | 0.085 |
| All-Star Level 2 | 250000 | 1,250/$1 | 0.09 |
| All-Star Level 3 | 500000 | 1,250/$1 | 0.095 |
| Legend Level 1 | 1000000 | 1,000/$1 | 0.1 |
| Legend Level 2 | 1500000 | 1,000/$1 | 0.11 |
| Legend Level 3 | 2500000 | 1,000/$1 | 0.12 |
| Hall of Fame | 5000000 | 1,000/$1 | 0.15 |
Bovada How You Earn Points
| Game / Wager Type | Wager Amount | Rewards* |
|---|---|---|
| Video Poker | 1 | 1 |
| Table Game | 1 | 1 |
| Single deck blackjack | 1 | 1 |
| Double deck blackjack | 1 | 1 |
| Blackjack | 1 | 1 |
| Slot Game | 1 | 5 |
| Specialty Games | 1 | 15 |
| *Sports Singles | 1 | 10 |
| *Sports Teasers | 1 | 15 |
| *Sports Round Robin | 1 | 20 |
| *Sports Parlays | 1 | 20 |
Terms & Conditions – Bovada Rewards
Bovada Rewards Levels
The Bovada Rewards program (“Promotion”) goes into effect starting August 22, 2017. Only game activity occurring after this date counts towards the Promotion.
Bovada Reward Points Reward
- From the last time you received a cash back bonus, we look at your total deposits, minus your total withdrawals, minus your ending balance.
- In the case that you have not yet received a cash back bonus then the calculation is done from the date of your first deposit, or the Bovada Rewards launch date of August 22, 2017, whichever is more recent.
- Any funds in play as of 12:00 AM EST are discounted from your deposited amount and will be eligible for cashback the day after it settles.
- If that number is positive, then we’ve determined you have suffered a loss and are eligible for cash back.
- Cash back percentage is based on your rewards level and is issued in the form of a cash bonus.
- Your cash bonus can then be used anywhere in our Sportsbook, Racebook or Casino.
- Rollover on cash back bonus is 1x Sports/Racebook, 1x Casino and 1 Poker Point per dollar.
Rewards Points and Conversion
- All aspects of the Promotion, including point accumulation rules, point redemption value, bonus value, player eligibility, dates and times of credit issuing or anything else relevant to the Promotion can be modified, suspended or cancelled at any time, without cause or prior notice.
- Bonus programs are intended for recreational bettors only. Professional players or players considered to be abusing the bonus system by any means may have bonuses revoked and be subject to further sanctions, at the discretion of Bovada Sportsbook, Casino and Poker Room management.
- The general rules and policies of Bovada.lv along with standard Terms and Conditions shall also apply to this Promotion.
- Players can earn rewards points by making Sports wagers or playing in the Casino with cash only.
- Rewards points are not earned from play using bonus or locked cash.
- The rate at which rewards points are earned varies per game, game category and wager type.
- Rewards points for Sports wagers are only issued upon the settlement of a bet. In the case of No Action on a wager, then no rewards points will be issued.
- Rewards points for Sports wagers are issued based on the wager amount or the win amount, whichever is lesser.
- Rewards points are not issued for Sports wagers which are graded as a push.
- Points can be converted at any time into bonus cash.
- Bonus cash purchased with rewards points can be used to play in the Casino, Sportsbook or Racebook. Bonus cash purchased with rewards points can not be used to play Poker.
- Players can redeem their rewards points based on the redemption rate of the tier they are currently in.
- Rollover for bonus cash purchased with rewards points is 2x Sports/Racebook and 10x Casino.
- Different games contribute different amounts towards rollover requirements. View our wagering contribution chart for more details.
Daily Cash Back on Losses
How To Redeem Visa Rewards
Every day if a player’s cash balance falls below $10 then the following calculation is done to determine if they are eligible for a cash back bonus. Calculation is done as follows:
Bovada Reward Levels & Benefits
| Level | Tier Points Required | Redemption Rate | Daily % |
|---|---|---|---|
| Starter Level | 0 | 2,500/$1 | 0.05 |
| Rookie Level 1 | 2500 | 2,500/$1 | 0.055 |
| Rookie Level 2 | 5000 | 2,500/$1 | 0.06 |
| Rookie Level 3 | 10000 | 2,500/$1 | 0.065 |
| Pro Level 1 | 25000 | 1,666/$1 | 0.07 |
| Pro Level 2 | 40000 | 1,666/$1 | 0.075 |
| Pro Level 3 | 60000 | 1,666/$1 | 0.08 |
| All-Star Level 1 | 150000 | 1,250/$1 | 0.085 |
| All-Star Level 2 | 250000 | 1,250/$1 | 0.09 |
| All-Star Level 3 | 500000 | 1,250/$1 | 0.095 |
| Legend Level 1 | 1000000 | 1,000/$1 | 0.1 |
| Legend Level 2 | 1500000 | 1,000/$1 | 0.11 |
| Legend Level 3 | 2500000 | 1,000/$1 | 0.12 |
| Hall of Fame | 5000000 | 1,000/$1 | 0.15 |
Bovada Reward Points Rewards
Daily % = Daily % Cash Back on Losses
Bovada How You Earn Points
| Game / Wager Type | Wager Amount | Rewards* |
|---|---|---|
| Video Poker | 1 | 1 |
| Table Game | 1 | 1 |
| Single deck blackjack | 1 | 1 |
| Double deck blackjack | 1 | 1 |
| Blackjack | 1 | 1 |
| Slot Game | 1 | 5 |
| Specialty Games | 1 | 15 |
| *Sports Singles | 1 | 10 |
| *Sports Teasers | 1 | 15 |
| *Sports Round Robin | 1 | 20 |
| *Sports Parlays | 1 | 20 |