Bovada vs MyBookie – In-Depth Comparison 2024

Bovada and MyBookie are two reputable online bookmakers that are offshore-based and provide licensed sports betting services in the US and other parts of the world. Each of these operators provide a fantastic sports wagering experience to bettors across the globe looking to bet on their favorite teams and leagues.

Throughout this Bovada vs MyBookie contest, we will look at key aspects of online betting at these sites and what makes them so popular. More importantly, we’ll reveal core features and highlights of each brand so that you can see which operator is the best for odds, customer support and bonuses. Read on to learn more as we set the wheels in motion for this head-to-head sportsbook matchup.

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Bovada vs MyBookie Review Summary

Comparing online sportsbooks is never an easy task, especially in a congested market. This Bovada vs MyBookie review aims to shed light on the service and experience you can expect at either of these highly successful operator brands. Each section is separated by a topic headline so you can see exactly how each site matches up against one another.

Bovada Homepage

 

Initially, we start by outlining the types of sign-up bonuses that are available to new bettors. This will give you an insight into what promotion is on the table from the start of your membership and how far your dollars will go on your first deposit. After we have broken the ice with this, we look at additional long-term offers for existing bettors, including any loyalty schemes and exclusive deals. This is closely followed by the nitty-gritty of the review such as the sports you can bet on, along with the odds-value and betting tools at your disposal.

In addition, we touch on vital elements that make up the infrastructure and running of the Bovada and MyBookie platforms, including the betting interface, payment options, security and customer support.

What are Bovada & MyBookie?

Bovada and MyBookie are two highly respected and successful bookmakers that are based solely online. Each site is USA-friendly and provides sports wagering across a variety of markets in America and around the world, including soccer, basketball, football, baseball, golf and F1 among many more.

MyBookie Homepage

Each sportsbook is offshore-based and fully licensed for legal and fair betting. This means that they can accept bettors from almost any jurisdiction in the world, including US states that are yet to legalize locally regulated sports wagering. Furthermore, both Bovada and MyBookie provide a multitude of benefits and advantages compared with other sites on the market, including betting on niche sports and using cryptocurrency instead of traditional payments.

Bovada vs MyBookie Welcome Bonuses

As a new customer signing up to either Bovada or MyBookie for the first time, you are able to take advantage of deals and promotions known as welcome bonuses. These are awarded by the sportsbook company to welcome you to the website and provide a fantastic chance to boost your account balance with additional betting funds on top of your first deposit.

Bovada currently has two welcome bonuses to pick from depending on the banking option that you choose. If you opt for traditional methods using cash, such as debit or credit card, you can grab a 50% welcome bonus up to $250. Therefore if you make a deposit of $500, you will have $750 to bet with. If you opt for cryptocurrency such as Bitcoin, you can grab a 75% welcome bonus up to $750 using Bovada promotional code BTCSWB750. Making a first deposit of $1000 will allow you to claim the maximum bonus amount and give you $1750 to bet with.

On the flip-side, MyBookie offers new bettors a single welcome bonus to claim on their first deposit at a rate of 50% up to $1000 with exclusive Mybookie promo code MYB50. Depositing $2000 using either cash or crypto will allow you to claim the maximum bonus amount and give you $3000 to bet with in total.

Both bonuses are really good value for money and provide plenty of scope for wagering on major and minor sports with free bet funds. Use the table below to compare the finer details of each offer.

Sportsbook Bonus Promo Code Rollover Min. Deposit Min. Odds?
Bovada 50% Match Deposit up to $250
75% Crypto Match up to $750
BVD1000
BVD1000
5x
5x
$20
$20
None
MyBookie 50% Match Deposit up to $1000 MYB50 10x $50 None

Bovada Pros:

  • Low minimum deposit amount
  • Two bonuses to choose from
  • Lower rollover requirement

Bovada Cons:

  • Low cash match rate

MyBookie Pros:

  • Higher welcome bonus amount
  • Reasonable rollover requirement

MyBookie Cons:

  • Lower percentage deposit match

Existing Player Promos

Welcome bonuses are all very well if you are a new customer, but what perks and deals are available to existing members? This is where existing player promos come in. These offers provide superb bonuses and rewards beyond your first deposit so that you can enhance your wagering and maximize the returns you get from successful bets. This Bovada vs MyBookie contest looks specifically at all available promos for existing customers such as free bets, cash back, rebates, reload bonuses plus more.

As a member of Bovada, you are able to make use of two existing player promotions. The first is a generous refer-a-friend bonus giving you up to $275 per referral. This is split into increments of $200 as a 200% referral match bonus plus an additional $75 if your friend’s deposit is made using crypto. The second bonus is awarded as part of a loyalty program, giving you $1 bonus for every 2500 points. More of which is detailed in the next segment below.

Similarly, MyBookie offers a few existing customer promotions that can be redeemed as part of ongoing rewards. A 25% reload bonus is available on every deposit you make, up to a maximum of $1000 bonus with promo code MYB25. Refer your friends and family and lock in a 200% bonus up to $200 each time. Alternatively, if you’re a fan of thoroughbred or harness racing, collect up to 8% rebate on all horse racing betting activity daily with no rollover requirement. A variety of tracks are available from worldwide venues, including Gulfstream Park, Chepstow, Vaal and Solvalla.

VIP & Loyalty Schemes

VIP schemes and loyalty programs are a superb method used to redeem extra bonuses and rewards on top of any existing sign-up or reload bonuses. In fact, sportsbook operators like Bovada and MyBookie are head-and-shoulders above many other brands in this respect, allowing you to benefit from free bets, giveaways and bonus funds long-term.

Bovada Loyalty Bonus

First up is Bovada and we’re pleased to reveal that the operator offers both a VIP scheme and tiered loyalty program. You can receive an invite to the invite-only program reserved for VIP bettors known as Bovada Red Room. Once in, you will receive a premium service filled with exclusive promotions, prize giveaways, payment benefits and reduced rollovers on bonus offers. Aside from this, the loyalty program is points-rich and provides the opportunity to collect up to sixty points for every $1 wagered. Points can be converted for bonus funds at a rate of 10k per $10 in the top two tiers.

Next we move to MyBookie, where you can also become a VIP customer by invite as part of the MyBookie VIP scheme. The scheme has three levels representing bronze, silver and gold with the names Heart, Club and Diamond respectively. Each level unlocks a new wave of perks ranging from monthly cashback and exclusive promos, through to dedicated support, birthday bonuses and free contest entries. There’s also an option for enhanced betting limits that will help take your wagering to the next level. Unfortunately, there is no loyalty program at this sportsbook so the winner of this segment is Bovada due to offering both VIP and loyalty benefits.

Bovada vs MyBookie Available Sports

When it comes to the available sports to wager on, it’s fair to say that this Bovada vs MyBookie contest is evenly matched. Both platforms provide plenty of major and minor sports from within the USA and around the world. Additionally, each site has a very good range of pro and college sports for American sports fans, including football, basketball and baseball.

If you’re looking for a difference between the two operators in terms of sports, you will be hard-pressed to find one. Both sites provide an excellent A to Z of sports conveniently categorized into different genres, including NFL, NBA, MLB, NHL, soccer, golf, motor racing, MMA, F1, Esports and much more. Bovada has a horizontal sports menu with a handful of popular sports and an ‘all sports’ category for viewing every available sport. There is also a vertical menu of trending events based on what is in-season at the time of betting. MyBookie also offers a similar menu-style navigation system with the addition of live betting lines at the top of the sports list.

Bovada Pros:

  • More than 30 sports available
  • Great variety of horse racing tracks
  • Good range of niche sports

Bovada Cons:

  • Not as many minor sports as other sites

MyBookie Pros:

  • Specialist football and basketball sportsbook
  • Good choice of esports
  • Over 25 sports available

MyBookie Cons:

  • Poor selection of horse racing tracks

Live Betting & Streaming

Since online sports betting went live in the mid-1990’s, the pastime has massively evolved from being able to place a few wagers before an event. One of the biggest successes of this evolution has been live betting and streaming. Through advances in technology, sportsbook operators have been able to introduce facilities and systems that allow bettors to wager in real-time during the play of a live game and watch as the action unfolds.

Bovada Live Betting

While constructing our Bovada vs MyBookie review, we were able to discover in great detail the level of live betting services available at both sites. While both brands do offer live betting, the Bovada platform is much more sophisticated with its in-play statistics and real-time betting tools that can enhance your experience. These tools include game tracking, heatmaps and standings charts, which all allow you to make informed decisions about which moneyline, spread or prop bet to place next.

Odds

The betting odds that are available at sportsbooks determine the types of returns you will get from your betting selections. The stronger and more competitive the odds are, the more profit you will make from successful wagers. Odds are available on every betting market and line at Bovada and MyBookie, including moneyline, point spread, totals, futures and props.

At both sportsbooks, you will find that the odds offer better value for money than some US regulated sportsbook sites due to the operators being based purely online and situated offshore.

In addition, we found that MyBookie was more competitive than Bovada for basketball and football odds, whereas Bovada was better for hockey and baseball. However, following in-depth analysis, the conclusion was that in terms of odds, these sportsbooks were very similar and canceled each other out from one sport to another. For example, we took a soccer betting line in the UEFA Champions League to analyze the moneyline odds in the fixture between Manchester City vs Bayern Munich. Bovada offered odds of -110 for the favorite and +265 for the underdog respectively, compared with -109 and +265 at MyBookie.

Bovada vs MyBookie User Experience

How easy is the website to browse? How fast can you place a bet? Where do you make a deposit? These are all valid questions that relate to the overall user experience you get from a sportsbook. This, combined with important aspects of the site such as how fast the pages load and how simple it is to register can contribute to your satisfaction levels.

We’re happy to say that each sportsbook platform is very good on the user experience front and each site is fast and convenient to use. Finding your way around is easy enough and the action of placing a wager on your favorite sport or team can be done in a few clicks.

However, the Bovada sportsbook edges out in front of the race in this department and offers a better user experience than MyBookie. The site is professional and intuitive and generally easier on the eye due to the light color scheme and website theme. We also felt that the interface utilized the space better without feeling too overcrowded.

Mobile App

A mobile betting app or site allows you to browse your favorite sports from any device you choose, be it tablet, laptop or smartphone. Both Bovada and MyBookie allow you to enjoy sports wagering on the move, providing endless possibilities to the bets you can place from anywhere in the world.

Whether you’re traveling to work or enjoying some leisure time in the local park, you can take out your mobile device and head to either site to wager on football, basketball, baseball or other sports. While a dedicated app is not available at Bovada or MyBookie, each operator has developed a mobile-optimized website that works seamlessly on the mobile browser app.

Bovada is the site that offers the best mobile experience out of the two brands in our Bovada vs MyBookie battle. Grab your iPhone or Android device and prepare for a world of high-quality betting at your fingertips.

Bovada vs MyBookie Payments & Withdrawals

Making payments and withdrawing winnings is a key part of online betting and one that is rarely given much time during reviews. One of the reasons why we look to focus on this area is because it’s not just all about the number of payment methods that are available, but the limitations and factors associated with them. These include the minimum and maximum amounts you can deposit at any one time, along with how long each transaction takes.

MyBookie Payments

At Bovada and MyBookie, deposits are instant for cash transactions, but crypto payments may take up to fifteen minutes to reflect in your account balance. Withdrawals on the other hand take longer. Both Bovada and MyBookie aim to process withdrawals within 48 hours, allowing you to get hold of your winnings in two days after initiating a withdrawal.

The real difference between these brands is the minimum and maximum deposit limits, which are $10/$5000 at Bovada and $20/$10,000 at MyBookie. While the lower minimum deposit limit at Bovada is handy, the higher limit at MyBookie gives this bookmaker the edge on payments. Plus, there are more cryptocurrencies available too.

Sportsbook Payment Methods Min/Max Deposits Payout Time
Bovada Credit/debit cards, bank transfer, cryptocurrency, Person2Person $10/$5,000 48 hours
MyBookie Credit/debit cards, bank transfer, cryptocurrency, Person2Person $20/$10,000 48 hours

Bovada Pros:

  • Good variety of payment options
  • Low min. deposit amount
  • Reasonable withdrawals

Bovada Cons:

  • Low maximum deposit limit

MyBookie Pros:

  • Great selection of crypto payments
  • Fast deposits
  • Safe and secure transactions

MyBookie Cons:

  • Lower deposit threshold for traditional payments

Customer Service

Bovada and MyBookie are both professional online betting platforms that have a solid reputation online with thousands of bettors in the USA and around the world. One of the reasons for this is because of their excellent customer service options.

Bovada Support

Bovada offers a dedicated help center that you can access via the main menu. You can browse a number of generic topics and get answers to common questions, ranging from vouchers, payments, bonuses and account queries. There is also a trusty Bovada Community where you can interact with others and receive more specific support. Furthermore, the operator is contactable via email and live chat, with the latter being preferred due to faster response times than 48 hours for email queries.

MyBookie is a site that is a little more strenuous when it comes to getting in touch. While there is a helpful support section covering the majority of common queries, contacting a member of staff is limited to email or live chat, which is reserved for logged-in users only. With that said, Bovada is the best choice here for the more cautious customer.

Bovada vs MyBookie Safety & Regulation

There is nothing more important to us than the safety and security of customers when reviewing operator sites. It is one of the key elements of this Bovada vs MyBookie review that can make or break a website’s reputation.

Thankfully, both operators take this area very seriously and have put excellent measures in place to provide peace of mind and a hassle-free experience. Bovada and MyBookie are licensed and regulated offshore, allowing both brands to provide legit betting services from their home location.

Each platform also runs on SSL secure servers with encryption and a valid security certificate that you can verify by clicking on the padlock in your browser’s address bar.

Find Out More of Our In-depth Sportsbooks Comparisons

Discover a wealth of knowledge in our comprehensive sportsbooks comparisons guides, designed to help you find out more about the best options for your betting needs.

Bovada vs MyBookie – The Verdict

We’re almost at the end of our Bovada vs MyBookie contest and it’s fair to say that it’s been quite the battle. Both sites have numerous benefits and drawbacks that may sway your opinion about which operator is the best overall, such as strong odds, available sports and ongoing promos.

Following extensive research using a checklist of criteria, we were able to score each sportsbook on a variety of topics that allowed us to separate one from the other, crowning Bovada as the overall winner.

This scoring system was based not only on which sportsbook won a particular topic, but the weight of the topic too. Bovada offered more benefits and advantages to new and existing bettors, including a generous welcome bonus, loyalty scheme, strong odds and useful betting tools.

What’s more, by opting for cryptocurrency payments including Bitcoin, Bitcoin Cash, Litecoin, Tether or Ethereum, you can secure a bumper sign-up bonus to the tune of $750 with code BVD1000, giving you immediate access to additional funds to wager with.

FAQs

Which sportsbook is the best out of Bovada and MyBookie?

While both sportsbooks offer a superb betting service, Bovada is the best overall for bonuses, loyalty rewards, usability and live betting.

Is MyBookie trustworthy?

Absolutely! MyBookie is a trustworthy online bookmaker that has been live since 2014 and provides thousands of bettors with a platform for wagering on sports safely.

Is Bovada better than MyBookie?

Although MyBookie is a top-rated sportsbook, Bovada is better in a number of key areas, including sign-up promotions, loyalty bonuses, betting tools and customer support.

Is Bovada legal?

Yes, Bovada is a legal online sportsbook operator that is offshore-based. It is licensed for legal and fair wagering on sports and casino games.

Does Bovada or MyBookie offer the best bonus?

MyBookie offers a bigger bonus amount with a smaller deposit match rate than Bovada, making the Bovada bonus the best out of the two providers with up to $750 free in bonus credits.

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