MyBookie vs. Bovada

mybookie vs bovada

It’s no secret that MyBookie and Bovada are popular among US punters. Both have been around for a while, have fantastic betting coverage, and all the most important banking options that US players are counting on.

But which of them is superior?

Well, that’s what we aim to find out in our thorough Mybookie vs. Bovada comparison.

We’ll go through their welcome bonuses, odds, props, live betting experience, and payments in an effort to figure out which of them offers the superior experience for casual users and which is the ideal choice for experienced veterans.

Welcome Bonuses & Rollover Comparison

We all know just how important welcome bonuses are, especially since they are the first thing players see when they land on a bookie for the very first time.

Let’s face it, bonuses are by far the most heavily marketed “products” on sportsbooks and online casinos. As such, they’re often the focal point of comparisons between bookies. So, it’s only logical for us to kick-start our Bovada vs MyBookie comparison with a closer look at their welcome bonuses.

MyBookie’s Welcome Deals

MyBookie has several welcome deals available at the moment. They are as follows:

200 dollar cash betonline

1. $200 Cash Bonus

The standard sportsbook welcome deal at Bovada grants new players a 10% boost on their first deposit up to $200. Yep, that’s not really a lot, is it? Luckily, the rollover requirement is just 1x. This means you’ll only have to wager $2,200 ($2,000 deposit plus $200 bonus) if you claim the full bonus amount.

crypto bonus betonline

2. 100% Crypto Sports B

The exclusive MyBookie crypto deal offers a 100% first deposit boost capped at $1,000, which is a far more generous offer. However, the rollover is set at 10x, which makes it far riskier too.

For example, if you deposit 100 USDT, you’ll get $100 in extra funds. To complete the rollover requirements, you’ll have to wager a total of $2,000, which is no small feat.

Bovada’s Welcome Deals

As for Bovada, new punters have 2 choices to explore:

bovada welcome bonus

50% Welcome Bonus up to $250

The standard welcome deal at Bovada is a 50% first deposit bonus up to $250 and it only works with Visa and Mastercard deposits. The bonus is ineligible for Live Dealer Games, meaning it won’t count toward the rollover requirement.

For sports betting, the wagering requirement is just 5x the deposit and bonus amount. If you deposit $500 to get the full $250 bonus, you’ll have to wager a total of $3,750 to fulfil the rollover and unlock payouts.

bovada sports bonus

75% Crypto Bonus up to $750

If you deposit with cryptocurrencies and use the bonus code BTCSWB750, you’ll get a 75% first deposit boost capped at $750.

To maximize this bonus’s value and claim all $750, you’ll have to deposit $1,000. It comes with a 5x rollover requirement that takes into account both your deposit and the bonus amount.

To complete the requirement after a $1,000 deposit, you’ll have to wager a total of $8,750.

Odds Quality & Prop Depth

In our experience, many players pay little to no attention to the quality of odds. The margin is what we like to call it, and it represents the bookie’s cut off each bet. The lower the margins, the better the odds, and the higher your winning potential. That’s the simplest way to think of it.

We can’t forget about the prop depth either! In fact, many online sportsbooks have premium odds but lack the betting depth. So, which of these two fares better in both of these departments?

Let’s find out!

MyBookie Prop Betting

MyBookie’s Odds and Props

We’ve taken a closer look at MyBookie’s current selection of NFL moneylines. By analyzing their implied probabilities, we calculated the margins. According to our calculations, they range from 5% to 6%, which means MyBookie takes 5% to 6% cut off each placed bet.

As for the props, there’s nothing much to add here. MyBookie is known for having one of the deepest NFL coverages out there. But, as we also learned during this comparison, much of the same goes for MyBookie too.

Bovada Sportsbook

Bovada’s Odds and Props

We’ve repeated the exact same process for Bovada, and the results showed Bovada’s margins are quite smaller. More precisely, Bovada takes anywhere from 3.5% to 5% off each bet.

So, in direct comparison, Bovada is the clear winner here.

Read Our Complete Reviews

Live Betting Experience & Speed

In terms of live betting experience, both bookmakers offer roughly the same environment. The same goes for the odds updating speeds, which work flawlessly on both platforms.

Obviously, both MyBookie and Bovada primarily cater to US punters, so a heavy focus on NFL betting depth comes as no surprise.

All in all, it’s difficult to separate these two as far as live betting goes. So, let’s call it a draw and move on to the final category – banking.

Banking Methods & Payout Speed

The final piece of our MyBookie vs. Bovada comparison puzzle is the list of supported banking methods and their transaction speeds. Let’s see which of these two fares better in this department! 

MyBookie Deposit

MyBookie’s Banking

MyBookie boasts flawless support for ten cryptocurrencies, accepting crypto deposits as low as $20. It supports everything from Bitcoin and Cardano to Ethereum, Litecoin, and Shiba Inu. In addition to cryptocurrencies, MyBookie also supports MoneyGram (starting at $100), as well as Visa and Mastercard (starting at $45).

Bovada Banking Methods

Bovada’s Banking

Objectively speaking, Bovada’s list of payment options is a lot more enticing thanks to support for deposits as low as $5 and $10. Just like MyBookie, Bovada supports cryptocurrencies like Bitcoin, BitcoinCash, Ethereum, and Tether.

The list of supported cryptos is smaller than that of MyBookie, but Bovada makes up for it with support for Visa, MC, and AMEX, as well as MatchPay, Direct Bank Transfer, and Player Transfer.

Which One Wins for the Average Bettor?

Now that we’ve explored what both MyBookie and Bovada have to offer, it’s time to crown the best offshore sportsbook 2025 has to offer.

So, based on everything we’ve seen above, Bovada is a slightly better choice for newcomers and casual punters. It offers roughly the same live betting experience, but its user interface is a tad bit more intuitive and beginner-friendly.

On the other hand, MyBookie’s 100% crypto sports welcome bonus up to $1,000 is the best choice for folks who prefer betting with cryptocurrencies. Yes, it does come with a 10x rollover, but it’s far from impossible, especially if you’re good with your NFL props.

Like this Comparison? Check Out Our Other Bookie Matchups

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About the Author

Pavo is an experienced esports, sports betting and gambling journalist. He’s been a member of GamblingNerd.com team for more than 6 years now. Nothing surprising considering our favorite Croat has a whole decade of experience in the industry. He’s written for several notable portals such as EsportsTalk, GamblingNerd.com, and TheSportsGeek.com.

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