How To Transfer Money From Bovada To Bank Account
Of all the online sportsbooks where American players are allowed to sign up and create accounts, they might not have a better one to do so than at Bovada. This sportsbook is all about the U.S. sports bettor, and that is evident from the ways to deposit, to the sports betting odds themselves, and all the way through to receiving a payout.
But for this purpose, we want to talk about the payout options available at Bovada. This sportsbook really makes it easy for American bettors to receive fast withdrawal when they choose to take money out from their accounts. But there is certainly some important information that players should be aware of going in, such as what methods are available, how long payouts take, fees attached, and more.
How To Transfer Money From Bovada To Bank Account
How Long Do Bovada Withdrawals Take?
There’s no daily transfer limit between your CommBank accounts but a daily limit applies to other transfers. $20,000 (max) to unlinked accounts 1; $5,000 (max) International Money Transfer; You can increase your daily transfer limit in NetBank or by going to the CommBank app Settings Payment limits. Increasing your daily limits may. If you need to send money to someone, but don’t care about the added bonus of being able to pay directly from an app (like PayPal), Zelle is a great peer-to-peer tool for bank account.
With Bovada, you have a lot of options not only with games but also with money withdrawals. Withdrawal Options. You can withdraw your money from Bovoda using one of the following options: wire transfer, check, Bitcoin, or bitcoin Cash. Before you choose though, it’s important to consider the following.
The time it takes to withdrawal for Bovada users can be as little as 12 hours, or as long as four business weeks. That seems like quite a disparity doesn't it? Well, these options are not all for the same method, as Bovada offers several. Players looking to get a payout from Bovada will have to submit a request to customer service of their intent to do so. From there, the payout method is selected, and the timeframe in which the money will be received is given. Look below for more detailed info on the fastest sportsbook payments available from Bovada.
Bovada Withdrawal Options For 2019
Bovada is as good as ever in 2019, offering players the chance to get their winnings through a variety of different outlets. In total, there are four ways to receive a payout from this sportsbook. They are by way of a check or bank draft, Western Union Transfer, cash money transfer, and a bank wire.
Bovada has offered these sports betting withdrawal methods for several years, but continually try to improve the quality of service for each method, getting winning to players as fast as they can. All of these payout options are available to American players, which certainly makes it nice to take advantage of for those living in the United States.
Bovada Payout Methods | Min. | Max. | Avg. Time It Takes | Withdrawal Fees | Available To USA? |
---|---|---|---|---|---|
Check Through Courier | $20 | $3,000 | Average: 2 Weeks | One Free Per Month, $50 | |
RapidTransfer | $100 | $800 | Average: < 24 Hrs. | As Low As $20; Up To $60 | |
MoneyTransfer | $100 | $2,000 | Average: < 24 Hrs. | As Low As $40; Up To $150 | |
Bank Wire Transfer | $2,500 | $7,500 | Average: < 2 Wks. | One Free Per Month, $50 |
Bovada Withdrawal Policy
Bovada requires players looking to make a withdrawal from their account to visit their 'Payout' page. Here, all of the information and steps to proceed will be available. There could be some verification forms required. For example, if a player deposited with a credit card, Bovada's Credit Card Transaction Processing Agreement Verification Form may be required to verify the card a player funded their account with, prior to receiving a payout. There is a full verification form section located on site at Bovada.
Bovada takes roughly 24 hours to process a payout request that is made by a player, and once authorized, is immediately sent at the payout request that was previously made.
Bovada Withdrawal Fees
Check + Bank Draft Fees - A courier check through DHL, FedEx or UPS typically comes with a fee of less than $30, but could vary depending by the amount.
Western Union Transfer - Fees range hinging on the amount being withdrawn here. They can be anywhere from $20 to $60 going from the minimum amount of $100-$200 withdrawn, all the way up to the maximum of $800 per payout.
Cash Money Wire Transfer - The lowest fee that bettors can expect with a cash wire transfer from Bovada will be $40. The fees are higher than a Western Union Transfer, with the maximum amount going up to $150, which is charged to those receiving the highest payout of $2,000.
Bank Wire - A fee of $50 can be expected for those players who are looking to go with a bank wire. But for the amount that players can get with a bank wire at Bovada (maximum of $7,500), that fee is relatively small by comparison.
Bovada Withdrawal Limits
The limits to which bettors can withdrawal, both from a minimum and maximum standpoint go up and down with the different methods.
Check + Bank Draft - Only a $20 withdrawal is required, to a cap of $3,000 per check received from Bovada.
Western Union Transfer - At least $100 needs to be withdrawn from a Bovada account with a Western Union transfer. But if players are so inclined, they can go all the way up to $800 per transfer.
Cash Money Wire Transfer - Cash money transfer minimum payouts mirror Western Union's $100 minimum, but do go higher for max withdrawals - a $2,000 limit is set for these.
Bank Wire - Big players looking to withdraw a lot of money will be happy to go with a bank wire, with at least $2,500 needed to use this method, though extends upwards of $7,500.
Bovada Withdrawal Issues
As with any sportsbook, problems and/or questions can tend to arise when receiving a payout. And while Bovada is still one of our highest-rated online sportsbooks, if players feel the need to seek further assistance there will be plenty available on site.
How To Transfer Money Out Of Bovada
Verification forms are always an important part of the payout process, and there is the potential for issues to come up here, but it will all be sorted out provided that you are able to provide the proper identification. Just make sure you have what is required going in, to avoid any problems.
If you ever need any help with payouts or anything else, please visit Bovada's homepage in order to seek support. They have numerous ways in which they can be contacted including toll-free telephone numbers for anywhere Bovada accepts players. They even have ways to contact the payment department directly should you ever need assistance.
So you have selected the sportsbook that fits your needs the best, and you’ve created an account…now what?
You tried to deposit money, but your credit card was declined, or you don’t know how to get money from your bank to your betting account. I give you a few tips on how you can get on with winning money instead of being stuck in the mud. There’s nothing worse than watching a team you picked cover when you don’t have any action!
Why did my credit card get declined?
Well, this isn’t a very simple answer, but I’ll give you the boiled down version. Some members of the US government don’t want you to decide what to do with your money. They know much better than you, and you shouldn’t be betting on sports teams, you should be paying taxes and bailing out multi-billionaires! So these yahoos couldn’t devise a way to intrude on your rights, so they turned the screws on the USA banking system. They passed a law that made it illegal for the banks to process transactions from ‘known illegal online gambling sources.’ How vague is that?
As vague as it may be, the banks are a bunch of cowards, and they just got transformed into a law enforcement agency thanks to this law. The law doesn’t speak to regular Joe Schmoe who wants to put some money on tonight’s game, or any other player for that fact, but it speaks entirely to the banks. Now I’m not a lawyer, but this is how I interpreted the law. So that is why your credit card is getting declined.
So how do I get money into my sports betting account?
Almost every online sportsbook will gladly accept personal money transfer deposits. To do this, you just phone or email the sportsbook after you sign up.
Tell them you want to make a person to person deposit. The attendant will give you the simple details, and you can complete your deposit at one of the several local depots (typically found at Walmart or grocery stores). More information on this method is below.
You can still use a VISA credit card to deposit with Bovada
You can still use VISA and American Express credit cards to deposit at BetOnline.com
Are there other ways for Americans to fund online sports betting accounts?
The following methods will eliminate the hassle of proving your identity when you withdraw your winnings. EVERY online sports betting site deals with a ton of credit card fraud, which results in every player that uses credit cards to submit forms and scans of their credit card and drivers license…what a PITA. Bypass this garbage and protect your identity when betting online by using P2P or Bitcoin deposits.
There are a couple of easy-to-use ways. One method is known as “person to person” money transfers. P2P uses well-known money transferring services (WU or MG). To use these methods, just phone or email your sportsbook and tell them that you wish to deposit via person to person or p2p.
They will give you all the details you need. You can use them online, or you can take the instructions to any WalMart and complete your transaction there. By the time you get home, your account will be funded! Be sure to inquire of the sportsbook agent while you have them on the phone about getting a deposit bonus and reimbursement of your fees (sometimes works, sometimes doesn’t). You can win lots of money from those bonuses!
The second alternative deposit method is Bitcoin. If you’ve never waded into the Bitcoin waters, don’t be intimidated. It seems overwhelming, but you’ll quickly fall in love with this way of funding your betting account. No banks to deal with and no delays in processing times. You’ll also enjoy zero to very small transaction fees for withdrawals. If you’re new to Bitcoin, just go to Blockchain.info to register your wallet, and you’ll be all set in minutes.