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Missouri

EXPLAINED: How to win $250 Welcome bonus at Bovada Sportsbook

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In the table above we have different winning percentages and the profit including bonus, after you roll-over 5 times.

Here is my 3 Month plan:

  • Make around 275 bets with $2.75 per play.
  • Hit at least 50% of games, because if your record will be 49% you will not make a profit, despite they give you $125 of bonus.

Skilled bettor or lucky bettor?

Most bettors are not skilled bettors, this is why 98% of them lose on the long run. However, here we can be little bit more optimistic, because even if you are not skilled bettor and if you blindly bet on games, that have 50% of chance (in this case Bovada odds -110), then you can expect 50% result on the long run. And as you see, record of 50% will make some benefit from taking this bonus.

I would recommend:

  • Play only -110 odds on spread and totals (NBA, NFL, NCAAF, CFB, European basketball,…).
  • Bet 2% of your account balance, which will be exactly $325 after you make a deposit and immediately receive bonus.
  • Don’t change the stake – always bet $7.5
  • Be patient and stay disciplined until you don’t make enough bets (roll-over requirements)
  • Always analyse games to increase your chances. I can show you how I do it in my Online Betting Course.

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