How does the Bovada Rewards program work?
Bovada wants you to treat yourself in their rewards program designed for new and regular players. Rewards programs are ideal if you plan to play regularly as you can get more out of your online gambling experience. We take a look at what Bovada has to offer and how you can get involved.
What is Bovada’s rewards program?
A rewards program is exactly what it sounds like. It rewards players who regularly deposit and play at the casino, poker room or betting site. The online gambling market is competitive and to keep players interested iGaming sites have to give back.
Bovada has created a rewards program for new and regular players, known as Bovada Rewards. You need to have a real money account which you can create by heading to the Bovada site.
Once you have signed up and made a deposit you can get stuck into earning Rewards Points and in turn get cash back. You can also claim a $250 sports welcome bonus or a $3000 casino bonus. There’s a range of other promotions you can view on the promotional page too.
How Bovada Rewards works
The unique rewards program inolves players betting on the range of sports on offer and playing the variety of casino games. For every bet and gamble you make, you will earn rewards and tier points which will allow you to move up the levels.
Members at Bovada betting earn Rewards points and tier points at the same rate. The tier points cannot be exchanged for cash and they accumulate as you gamble. Rewards points, on the other hand, can be redeemed for cash back bonuses.
There are 14 tiers, with new punters starting out at the “Starter Level” on zero points. The more points you earn, the higher up the tiers you will climb to unlock bigger and better rewards. The highest tier is called the Hall of Fame and offers 15 percent cash back on losses.
To earn Rewards points you need ensure you are betting on the right sports markets, or playing the right games. These include;
- Video Poker – for every $1 wagered you earn one point
- Table Game – for every $1 wagered you earn one point
- Single deck blackjack – for every $1 wagered you earn one point
- Double deck blackjack – for every $1 wagered you earn one point
- Blackjack – for every $1 wagered you earn one point
- Slots – for every $1 wagered you earn five points
- Specialty Games – for every $1 wagered you earn 15 points
- Sports Singles – for every $1 wagered you earn 10 points
- Sports Teasers – for every $1 wagered you earn 15 points
- Sports Round Robin – for every $1 wagered you earn 20 points
- Sports Parlays – for every $1 wagered you earn 20 points
Bovada Rewards Levels
As mentioned above Bovada Rewards features 14 tiers, each with their own redemption rate and cash back bonus percentage.
These include;
Level | Redemption Rate | Cashback Bonus |
---|---|---|
Starter Level | 2500/$1 | 5% |
Rookie Level | 2500/$1 | 5.5% |
Rookie Level 2 | 2500/$1 | 6% |
Rookie Level 3 | 2500/$1 | 6.5% |
Pro Level 1 | 1666/$1 | 7% |
Pro Level 2 | 1666/$1 | 7.5% |
Pro Level 3 | 1666/$1 | 8% |
All Star Level 1 | 1250/$1 | 8.5% |
All Star Level 2 | 1250/$1 | 9% |
All Star Level 3 | 1250/$1 | 9.5% |
Legend Level 1 | 1000/$1 | 10% |
Legend Level 2 | 1000/$1 | 11% |
Legend Level 3 | 1000/$1 | 12% |
Hall of Fame | 1000/$1 | 15% |
Redeem your points for cash bonuses to use at the sports book, casino and racebook by going to the “Get My Bonus” section.
Bovada Rewards terms and conditions
It’s also important to go over the terms and conditions of a promotion on the website, but we have summarised a few important points of the Bovada Rewards program.
Cash back bonus eligibility is determined by the players’ account balance. If it falls below $10, Bovada looks at the last time you received a cash back bonus and then calculates your total deposits minus your total withdrawals, minus your ending balance. If you have not received a cash back bonus yet, the calculation will be done from the date of your first deposit of the Bovada Rewards launch date of August 22, 2017.
Points for sports bets which result in No Action will not be awarded.
You need to wager the bonus cash claimed via the Rewards Points 10 times for casino games and two times for sports and racing bets.
Rollover for cash back bonuses on losses is 1x via the casino and bookmaker.
Rewards points last 12 months before they expire.
Be sure to read the terms and conditions in full and sign up to Bovada to start earning points today.
Comments
One Comment
Does the rollover account for just the reward bonus that you claimed or the winnings as well from the reward bonus