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The strict online gambling regulations in the USA make the life of local players tough.
The Bovada Casino provides all new customers with a choice between $3,000 or $3,750 in bonus money. Redeem the Bovada bonus code NEWWELCOME and receive up to $3,000 spread out across your first 3 real money deposits. Redeem the bonus code NEWWELCOME and then deposit $1,000, and Bovada will match that deposit and give you a bonus of $1,000.
At Bovada casino you can deposit money using Visa, Mastercard, American Express, Union Pay, Bitcoin, Bitcoin Cash, Bank Transfer or Voucher Bovada Casino is a real money online casino, sportsbook, racebook, and bingo site which accepts real money players from the United States.The site is licensed by the Kahnawake Gaming Commission of Canada. This is the standard bonus offer Bovada generally runs 24/7. If you want a bigger bonus you can deposit with bitcoin or bitcoin cash for a 50% match up to $500 even bigger 75% match up to $750 with our promo code options detailed below! Bovada is the number one sports betting destination for USA bettors.
Fortunately, there are some gambling sites on the internet that are safe and accept US customers.
One of the best of them is Bovada. Among the many reasons I like the site so much is the opportunity to use cryptocurrencies and Bitcoin, in particular.
This is one of the fastest and most reliable payment options for US players. If you haven’t tried it before, I think you should give it a shot.
This post will help you learn more about depositing at Bovada with Bitcoin and the exclusive BTC bonus for new customers.
Also, I will share some recommended wallets for crypto and look at other US betting sites that accept Bitcoin.
Let’s start with a simple explanation of how to join Bovada and make a deposit with Bitcoin.
If you don’t have an account with Bovada, the first step would be to join the site. Please click here to get started. Orread our Bovada review if you want to know about the site first.
Once you’re on the site, you can start the registration process via one of the many “Join” and “Join Now” buttons on the home page.
You will be required to fill in some personal information like your name, address, email, country of residence, and similar. You also need to pick a password that you will later use to log in.Make sure to make it complicated so that no one can guess it.
The first thing that will happen after you open a new account is that Bovada will ask you to pick a 4-digit PIN that will be used to verify you later on when you decide to request a withdrawal.Make sure to remember the one you fill in.
Once you’re done, it’s time to visit the deposit section. You can do that by clicking on your balance in the top right corner of the screen. A huge “Deposit” button will appear, and it leads youto a screen where you can pick the payment provider you wish.
Bitcoin is on top of the list, so click on it. The next step is to get the Bitcoin address generated by Bovada and send BTC from your own wallet. If you don’t have one, I will share a couple ofrecommendations for a reliable option later in this post.
Within a minute after you send the money, it will appear in your Bovada account. You shouldn’t forget to take full advantage of the $5,000 Bitcoin bonus of the gambling site.
The biggest welcome bonus of Bovada is for Bitcoin users. You can get up to $5,000 in free cash on your first four BTC deposits.
Bovada will give you a 50% first deposit bonus of up to $500 when you add funds with Bitcoin for the first time. This means that a deposit of $1,000 will be enough for you to claim the fullamount.
There are certain terms and conditions you should be aware of. The Bitcoin bonus is available for the Bovada sportsbook, racebook, and casino. You can’t use it on the poker tables.
You need to wager the bonus 5 times in the sportsbook or the racebook. If you decide to use it in the Bovada Casino, you have to wager the Bitcoin bonus 30 times.
If you request a withdrawal before meeting the wagering requirements, you will lose the Bovada bonus.
Three 100% Bovada Bitcoin Casino Bonuses of up to $1,500 each
If you are a casino player, you can have another three Bitcoin Bovada bonuses. Each of them is worth 100% of your deposit of up to $1,500 and can’t be used in any of the other sections of Bovada.
The following terms and conditions apply.
- Only deposits of $1,000 or more qualify for the Bovada Casino Bitcoin bonuses
- You need to wager every bonus 25 times prior to withdrawal
- Only slots and specialty games contribute 100% of the stakes placed towards the wagering requirements. Bets on products from other categories count for up to 20% of the value
- Bets on live dealer games and craps don’t count towards the wagering requirements
- If you request a withdrawal before clearing a bonus, you lose it, as well as the winnings from it
If you are not entirely sure if you should use Bitcoin for betting online, you should learn the advantages and disadvantages of the cryptocurrency. Let’s start with the positive sides.
Using Bitcoin is one of the fastest ways to withdraw your money from almost every betting site on the internet, and Bovada is not an exception. You can get your cash within 48 hours most of thetime, which is superb, especially for the USA.
Compare that to the 3-14 business days required for most of the other popular options, and you will see what I mean. If you want fast payouts, Bitcoin can certainly deliver.
Some of the banking methods available at Bovada come with fees. That’s not the case with Bitcoin.
The gambling site covers all the fees for the transactions, so both the deposits and withdrawals are free for the users.
There’s no full anonymity, but Bitcoin allows many options for more privacy in comparison to other payment providers.
The decentralized nature of the cryptocurrency means that every transaction remains in the blockchain, but there are no institutions like banks and governments that keep a detailed record ofevery person.
While I see Bitcoin as a mostly positive experience, there are certain downsides of using the cryptocurrency.
The exchange rate of Bitcoin is constantly going up and down. While you could control that to an extent by using wallets that support fiat currencies too, you can’t completely nullify thevolatility.
For example, you may place a bet, win it, and still lose value because the price of Bitcoin has dropped in the meantime.
On the bright side, the opposite could happen, too. You might actually end up winning way more thanks to the nature of the currency.
While Bitcoin is no longer some shady concept that is unknown to the masses, it’s still a bit complicated for most users. Understanding how everything works might be difficult for a lot ofpeople, so it would take time and energy to learn how to operate with Bitcoin.
The good news is that some of the wallets I recommend in the next section are among the easiest to use out there. If you think that would be important for you, make sure to check them out.
Recommended Wallets for Depositing Bitcoin at Bovada
Some of you probably already have a wallet for Bitcoin, so you don’t really need help in this regard. Others might just be entering the world of crypto, so it would be a good idea to receive sometips first. I will share a couple of reliable wallets but also explain how I selected them.
This will help you find one on your own if you prefer to conduct separate research.
Let’s start with some general advice for picking a Bitcoin wallet for gambling purposes. I always explore the following aspects of any service.
- Safety
- You should always pick companies that can be trusted. The safety of your money is the top priority of the selection process, so make sure to check the reputation of each wallet and theexact way the information is stored and protected
Bovada Cash App Bitcoin
- User experience
- One of the downsides of using crypto is that it’s not exactly a piece of cake for beginners. Fortunately, most wallets nowadays are much easier to use compared to a couple of years ago
- Country
- Using Bitcoin for gambling purposes from the USA could be an issue. If the wallet you are using is owned by a company in the US, it might be monitoring your activities. A lot of peoplehad their wallets shut for that reason. There are plenty of legit wallets based in countries where crypto is a grey area. I recommend that you stick to them, and there will be no issues
- Fiat currencies
- One of the biggest downsides of using Bitcoin for gambling purposes is the high variance in the price. It goes up and down constantly. If you want to avoid big losses, you should pick awallet that lets you keep your money in a fiat currency like US dollar or euro. That way, you won’t care what’s going on with the price of Bitcoin
If you want to learn more details about the different types of wallets, I recommend that you visit the page below. It features plenty of useful information on the topic.
What Types of Bitcoin Wallets Are Available?
Before I move on to my actual recommended Bitcoin wallets for betting, I would like to share a couple of words about the different types you could get. They all have their advantages anddisadvantages.
- Web wallets
- As the name suggests, you can go to the internet and find various sites that offer such a service. Some have a cloud-based platform, while others are basically exchanges that includewallets to their service. They are easy to use and require less time, but the security level is lower compared to some of the other options
Bovada Bitcoin Cash App
- Desktop wallets
- Another solution would be to download a desktop wallet. You simply need to install additional software to your computer. While people believe this is a safer approach compared to webwallets, you need to secure your computer well if you pick a desktop wallet
- Mobile wallets
- You could also use a mobile app that would serve as your wallet. The logic is similar to desktop wallets, but this time, you add the software to your phone or tablet instead of yourcomputer
- Hardware wallets
- The most secure way to store Bitcoins and other crypto would be to use a hardware wallet. That’s an external device that holds all of the information offline. You can connect the deviceto a computer when you need to move your money, but that’s it. The extra security comes at a cost, though, as the hardware wallets are the most expensive and rather hard to use
My recommendation to beginners would be to try one of the first three types of wallets first. If you like Bitcoin and you decide to invest more for some reason, explore the hardware options.
I will share my top choice for each group above, though, so it’s up to you. All of the recommended Bitcoin wallets can be used to deposit and withdraw from Bovada and other online bookmakers thataccept Bitcoin.
Let’s start with my recommended web Bitcoin wallet for gambling purposes. A lot of people think Coinbase is the place, but not for US players. You will most likely get your wallet closed, as thecompany is based and regulated in the USA.
Instead, you could give GreenAddress.it a shot. The platform is easy to use and has a flawless reputation. It’s one of the best for beginners out there, and there are some extra layers ofsecurity such as two-factor authentication options, the option for a hardware wallet, and others.
If you are looking for a solution that’s easy, safe, free, and fast, GreenAdress.it is a solid choice.
I was a bit torn on which desktop wallet to recommend, but Electrum gets the nod. It’s one of the safest desktop wallets thanks to some excellent encryptions and other measures designed toprotect your money. For instance, you can use a second computer that stays offline as storage.
At the same time, Electrum is completely free and one of the easiest desktop Bitcoin wallets to use. Even people with no experience with crypto should be able to quickly learn how to comfortablyhandle the software.
The good news is that Electrum is also available on iOS and Android. Feel free to visit the website of the wallet and learn more foryourself.
There are plenty of options on mobile, but I like Mycelium the most. That’s one of the earliest mobile wallets for Bitcoin out there. Initially, it was only available on Android, but you can nowuse it on iOS too.
Mycelium offers multiple features that provide security to your account. A good example is the “Watch Only” mode that allows you to view all activities while the transactions are disabled.
One of the downsides of Mycelium is the outdated design, but the user experience is still decent, and the app is certainly among the best mobile Bitcoin wallets on the market.
You can see the download options here.
The undisputed leader among hardware Bitcoin wallets is Trezor.io. If you want the best and most secure option on the market, that’s it. You can buy the device from various places, includingAmazon. It’s the only paid option on my list, but it’s worth the $70-80 you have to spend.
The Trezor.io device can be connected to Windows, Linux, iOS, and Android, so you can use it with pretty much every mainstream OS out there.
Another advantage is the encryptions implemented by Trezor.io that make sure your password is secure. You can easily restore your money if something happens, too, so this is the full package.
If you want one, Amazon is one of the places you can get it.
Other Betting Sites That Offer Bitcoin to US Players
Bovada is my top choice for a betting site that works with Bitcoin and accepts US players, but there are other trusted sportsbooks that do the same.
All of them offer a reliable service and a bunch of gambling products, including a sportsbook, a casino, and a racecard for horses.
If you have never tried Bitcoin for sports betting and you are in the USA, you are missing out. The cryptocurrency provides a reliable and fast way to gamble online.
I would recommend you to at least give it a try. Bovada is probably your best option, but the other gambling sites mentioned here would be an excellent choice too.
Our step-by-step visual guide will have you depositing with Bitcoin in no time at all!
What you need to know:
- Bitcoin and other cryptocurrencies are digital currencies that can be used to make purchases online, including making a deposit to your Bovada account – we’ll show you how!
- Following our easy-to-use guide will help you avoid fluctuations in Bitcoin value, it’ll be as if you’re depositing with USD directly.
What are the advantages of using Bitcoin at Bovada?
- Bitcoin (BTC) transactions are guaranteed – never be frustrated by credit card failures again;
- Every Bitcoin transaction is free at Bovada – you won’t pay more to deposit or withdraw;
- Withdrawing your winninges has never been faster – from approval to your wallet in minutes;
Here's what you'll need:
- A Bitcoin wallet – allows you to store your Bitcoin and is where you’ll make transfers to and from Bovada;
- An exchange account – where you will buy your Bitcoin and convert your winnings back to USD;
- Government issued ID –verification is required to set up your Exchange Account;
- A debit card – the fastest method to purchase Bitcoin;
- Mobile phone number – wallets, exchanges and Bovada may require this for secure SMS validation.
Important Reminders:
- You’ll need to leave the Bovada site to open a wallet and exchange account; bookmark this page so you can return easily;
- This guide is specific to getting started with Bitcoin (BTC) – similar steps can be followed if you’re using Bitcoin Cash (BCH).
Desktop Wallet: BlockchainMobile Wallet: Exodus
What you need to know:
- Opening a Bitcoin wallet is free and takes less than 5 minutes;
- A Bitcoin wallet stores and allows you to transfer Bitcoin securely;
- Wallets ensure the security of your Bitcoin and allow you to spend privately.
How do I know which wallet is right for me?
- Choose the Bitcoin wallet that suits you best, the options below are those that players have found are the quickest and easiest to set up:
- ○ For your desktop or tablet, sign up for a Blockchain wallet;
- ○ For your mobile device, download an Exodus wallet.
Important Reminder:
- You’ll need to leave the Bovada site to open a Bitcoin wallet; bookmark this page so you can return easily.
Visit CryptoVantage to find an Exchange that's right for you.
What you need to know:
- Opening an exchange account is free and takes approximately 5 minutes;
- An exchange is used to purchase Bitcoin (BTC), it’s also where you’ll convert your withdrawal back to USD;
- Opening an account at an exchange is like opening a bank account – verification is standard;
- Verification times can vary, but typically only take a couple of minutes, depending on the information requested (ex. The last 4 digits of your SSN);
- Exchanges will charge a small fee for your transactions – but less than current credit card Fees.*
- ○ Fees vary depending on the exchange you choose
How do I know which exchange is right for me?
- Visit CryptoVantage where you'll find some of the most trusted exchanges in the US for Desktop and Mobile users.
Here's what you'll need:
- Government Issued photo ID* – verification is required upon sign-up.
- ○ Proof of address may be required if your ID does not indicate it
Important Reminder:
- You’ll need to leave the Bovada site to open an exchange account; bookmark this page so you can return easily;
What you need to know:
- Steps to purchase from an exchange can be found at the exchange you have chosen;
- Purchase limits will vary from exchange to exchange, up to $25,000 daily, for verified customers at some exchanges.
Here's what you'll need:
- A debit card you’ll use to purchase or transfer Bitcoin.
Important Reminders:
- You’ll need to leave the Bovada site to buy Bitcoin with your exchange account; bookmark this page so you can return here, for final steps;
- Debit card purchases of Bitcoin are instant and recommended; a bank account purchase can take several days;
- For your own privacy and security – do not refer to Bovada or online gaming if prompted to note the reason for purchase;
- Some exchanges offer many different cryptocurrencies; be sure you’re buying Bitcoin (BTC) or Bitcoin Cash (BCH) to deposit at Bovada.
What you need to know:
- Transfers usually take a couple of minutes;
- Your wallet may ask you to choose a transaction fee to complete the transfer; adjustments to a lower fee amount can result in a delayed transfer;
- For an example of how to send Bitcoin from your exchange to your wallet – watch the video above – steps may vary slightly if you use a different exchange;
- There are no limits to the amount or frequency of transfers between your exchange and your wallet.
Important Reminders:
- Almost there – you’ll need to leave the Bovada site to transfer Bitcoin from your exchange to your wallet. Bookmark this page so you can return here for the FINAL STEP;
- Double check the currency before making your transfer (Ex. Bitcoin (BTC) and Bitcoin Cash (BCH) are not the same currency).