How Does Bovada Payout: For How Much & How Long?

How does Bovada payout is one of the questions we hear a lot at SportsIntensity. In the quick guide below we break down the various methods, as well as their costs and processing times. Short answer: Bovada pays through cryptocurrency, MatchPay, checks by courier and bank wire, with vouchers and player transfers providing additional ways to move account funds.

Bovada’s available payout options differ substantially in cost and speed. For example a mailed check carries a $100 processing fee and takes up to 15 business days weeks, while Bovada crypto payouts are free and are delivered within hours. Choosing the best payout method for you takes a few moments of your attention to the quick guide we put together for you below.

How Does Bovada Pay Out For Each Method?

For cryptocurrency withdrawals, you provide a receiving address for the currency selected. Bovada’s instructions emphasize that cryptocurrencies are not interchangeable: a Bitcoin Cash withdrawal needs the appropriate Bitcoin Cash address. Its withdrawal-limits page lists Bitcoin at $75–$9,500 per transaction and Litecoin at $10–$9,500, while noting that account limits can differ. Crypto exchange fees apply (though Bovada charges nothing for crypto payouts).

Bovada payouts through MatchPay are a little different. On Matchpay you sell account credits to another player, who pays through a supported service such as PayPal, Venmo, Zelle or Cash App. This is a transaction with another user, not a direct PayPal withdrawal from Bovada. You create an offer and confirm receipt after the buyer sends the funds. One thing to consider is that matches may not always be available, but on the whole Matchpay is an excellent payment method to keep in your toolkit. Bovada’s payout limits through Matchpay are $10–$2,000, with two withdrawals per day max.

Bovada payouts by check are considerably slower and more expensive. Minimum payouts by check are $250 with a $3,000-per-check maximum and one check max per seven days Delivery time for a check is 10–15 business days. Check payouts are a $100 per check.

Bovada’s bank wire payouts cost you $30/ea, and have a $1,500 minimum and a $9,500 max. You can request a wire once/30 days, and they take approximately 10–15 business days to arrive. Check the cashier for availability and applicable charges.

Bovada Payout Times Include Approval Plus Delivery

To request payment, open your profile, select Withdraw, choose an available method and enter the amount and required details. Bovada deducts the requested funds immediately for review. That deduction means the request is underway; it does not mean the payment has arrived.

You feel this difference the most when comparing crypto speeds. Bovada’s processing-time guidance estimates roughly 24 hours for cryptocurrency approval, followed by up to 24 hours for Bitcoin delivery or up to one hour for Litecoin, Ethereum, Bitcoin Cash, Bitcoin SV and USD Tether. Those shorter delivery estimates start after approval, not when you press the withdrawal button.

Before requesting payment, check your rollover. Bovada says deposits must generally be wagered completely before withdrawal, with specified exceptions for certain peer-to-peer redeposits. Its help pages also contain differing crypto-frequency guidance, so use the details displayed in your cashier when planning a particular withdrawal.

Frequently Asked Questions