Bovada sportsbook has added another payout method to their cashier selection, the Voucher. Most bettors are using Bitcoin or other cryptocurrencies to cash out or in rare cases, a paper check. This option is a bit more unique and is like a peer-to-peer transfer or player transfer.
However, there are a few differences you should know about before using the voucher at Bovada. Read on for more details about this method.
The Voucher Is Available In The Cashier
If you have the voucher option available in your account, it will be listed with the other cashier methods. From there, click the voucher tab, and you will be taken to the next page to make your “withdrawal” using the voucher method. However, the voucher is a bit different than other payout options at Bovada.
About The Bovada Voucher
The voucher allows you to create a convert a selected amount of funds into a voucher on the cashier screen. These funds can be sent to any other user on Bovada. Once you choose your voucher amount, you will then receive a code that you can send to your friend, via text or online. The funds will be credit automatically and instantly once the code is entered.
Bovada has a page that lists the full instructions, along with screenshots. It’s worth noting that you can always redeposit back into your account if you end up deciding you want to play with the funds yourself.
Vouchers have a minimum withdrawal amount of $10.00 and a maximum withdrawal amount of $3,000. Once you get a voucher code, you will get an email stating that your withdrawal is being processed.
The voucher code will then be sent with 24-48 hours. Once you receive the code, the voucher will be credited within 15 minutes.
| VOUCHER DETAILS | AMOUNT |
|---|---|
| Minimum Withdrawal Amount | $10 |
| Maximum Withdrawal Amount | $3,000 |
| Timeframe Per Installment | 1-15 Minutes |
Is The Bovada Voucher A Good Payout Method?
Yes, if you have a friend that needs money on Bovada and can’t make a deposit. However, bear in mind there is a 48-hour waiting period before you get the code. It won’t be as simple as transferring money to a friend or someone’s Bovada account if they want to give you cash. You won’t be able to send them the money instantly.
If they want to bet quickly, then the best bet is still for them to deposit themselves. Also, in most cases, depositors are required to rollover their funds 1x before they can withdraw. This is the case for most online betting sites and is also true here. If your friend sends you Bovada voucher, you must bet through the account once before it can be withdrawn.
For instance, if you receive a voucher of $1,000, you must place $1,000 in bets before you can request a payout.
All in all, we don’t love this method, but it’s still one that can be valuable. It’s another method for withdrawal and a simple one, particularly if you have a friend or person that wants to give you cash in real life for money on Bovada. And there are no fees.
Try Out The Voucher At Bovada Sportsbook
The Bovada sportsbook is one of the best sports gambling sites online. They have added the new voucher feature to help members transfer funds between each other. Go to Bovada if you want to start using this new method.
For players that want to use different banking options, Bovada accepts a variety of cashier methods. These include several cryptocurrencies. These are processed for free when making a deposit or requesting a withdrawal. As an added perk, they offer new players a 50% Up To $250 on their first deposit.
About the Author
Joseph Falchetti
Editor-in-Chief, Pro Sports Bettor and Casino Expert
Joe is the author of the majority of sports betting pages on SBS and he serves as a gambling consultant to our content team. He's been mentioned on Forbes.com as a gaming analyst, and his articles have been linked by larger publications, such as the New York Times.
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