About 118 million Americans bet on sports every year. The Super Bowl, March Madness, and the Kentucky Derby are all big sporting events made even bigger by the amount of wagers placed on them. And with the advent of mobile betting, you can place bets while sitting in a bar with a group of buddies.
What kind of bets are these people placing? If you’re new to the game, getting started can be confusing. But when betting on an individual game, there are three simple ways get in the action, and that’s through the moneyline, spread, and total.
Moneyline
The moneyline is as straightforward as betting gets. Simply pick the team or player you think will win and back that up with a wager. When looking at moneyline odds, you’ll see a number that indicates how much you’ll be paid if your bet wins.
A negative (–) sign accompanies the favorite (the stronger team) and denotes how much you have to bet to win a $100. For example, let’s say the Cleveland Indians are –160 favorites over the Texas Rangers, who are +140 on the moneyline. To bet on the Indians, you’d have to stake $160 to win $100. You don’t necessarily have to bet $100, you can alternatively stake $16 to win $10, or $1,600 to win $1,000.
Betting on the underdog pays more because the team has a lower chance of winning. If you want to bet on the Rangers in the aforementioned game, you’d win $140 from a $100 bet.
Spread
How do you clear the bonus and convert it to real usable cash? Playing in cash games and tournaments, which will earn you Poker Points. Naturally, Bovada Poker bases it on how much rake you personally contribute to the pot in cash games or the amount of tournament fees you’re paying. The more rake you’re putting in, the more Poker Points and thus bonus money you’re getting out. If you want to get a payout from Bovada, you’ll first need to log in to your account. After that, you’ll need to click “Withdraw” and select your method of payment — either check by courier or Bitcoin. Then, select the amount you wish to withdraw and click “Request Withdrawal.”. Sep 29, 2018 If you want to get a payout from Bovada, you’ll first need to log in to your account. After that, you’ll need to click “Withdraw” and select your method of payment — either check by courier or Bitcoin. Then, select the amount you wish to withdraw and click “Request Withdrawal.”. How long does it take for bovada to pay you? Bovada delivers checks in 1-2 weeks (recent reports indicate that they deliver these in 10 days) when many of their competitors take several weeks and some even months. Rapid Transfer payouts take a maximum of 24 business hours, after which you can collect your withdrawal at a local MoneyGram® location.5 Jan 2016.
Similar to betting on the moneyline, the spread involves picking a team to win. But unlike the moneyline, the spread requires the favored team to win by a certain margin for your bet to pay. This kind of bet is referred to as a runline for MLB and puckline for NHL.
Let’s use the same Rangers-Indians example. Cleveland is the favorite and –1.5 on the runline, so they have to do more than just win, they have to win by at least two points – otherwise, the Rangers (+1.5 on the runline) win the bet. The Rangers get a head start, as indicated by their positive (+) betting odds.
Total
Just as popular as betting on the moneyline and spread, is betting on the total. Instead of picking a winning team, you try to predict if the combined score of both teams will be higher or lower than the oddsmaker’s prediction.
Problems With Bovada Payout Checks
Let’s say the total for the Cleveland and Texas game is 9. You decide if you think the actual total is going to be over or under 9. If the score ends up being 9 exactly, the result is a push, and your bet will be returned to you.
Watching the game is so much more exciting when you’ve got a bet riding on your favorite team, and now that you know the three most popular ways to bet on sports, you can join the other 118 million Americans as they bet on their favorite games.
Some of the very first things that a poker player looks for when considering a new online poker site to play at, is that of the welcome bonus and the reward schemes that the site has to offer.
At Bovada Poker, one of the best poker sites around, you will be fortunate to have both!
You will first have the ability to take advantage of an excellent welcome bonus that is worth up to $500 through a 100$ match deposit bonus and then an excellent Bovada poker points reward system.
Those poker points will be earned as you play at the poker tables on Bovada and you will be able to exchange these points for tournament tickets at the site or even bonuses for the other online gambling services that Bovada offers.
How To Earn Poker Points
Poker points at Bovada can be earned extremely easily and can then be turned into tournament tickets or casino and sports bonuses.
Earning your poker points can be done one of two ways and both of them involve playing poker at Bovada.
The following is how you can get your hands on some much-welcome poker points at Bovada:
- Tournaments – For every $1 you spend on tournament entries, you will be given 3 Bovada poker points.
- Ring Games – Every time you pay a certain amount into a raked pot, you will earn poker points.
When playing ring games at Bovada, you will earn poker points depending on how much you contribute to the rake on every hand that you play.
As long as you contribute at least $0.01 to a rake in a poker hand, you will be earning poker points.
You can earn anywhere between 0.05 and 1 poker point for every hand that you play.
- A rake of between $1 and $4 will earn you 1 poker point.
- A rake of between $0.50 and $0.99 will earn you 0.50 of a poker point.
- A rake of between $0.25 and $0.49 will earn you 0.25 of a poker point.
- A rake of between $0.05 and $0.24 will earn you 0.10 of a poker point.
- A rake of between $0.01 and $0.04 will earn you 0.05 of a poker point.
Now that you know how to earn poker points at Bovada, you will also want to know what you can do with them.
How To Use Your Poker Points At Bovada
As we mentioned previously, your poker points can be redeemed for tickets for the many poker tournaments at Bovada which basically means, you can win money without having to fork out for the entry tickets.
As examples of how many points you will need for the tournament tickets:
- A $1 + $0.05 tournament ticket will cost you 105 poker points
- A $5 + $0.50 tournament ticket will cost you 550 poker points
- A $30 + $3 tournament ticket will cost you 3,300 poker points
- A $150 + $12 tournament ticket will cost you 16,200 poker points
You can also exchange your poker points for bonuses on both the Bovada Casino and Bovada Sportsbook too.
Bonuses on the casino will require a 20x rollover before you can withdraw any winnings while the sportsbook requires just a 3x rollover.
You can opt for a $5 or $10 bonus for either:
Bovada Deposit Problems
- A $10 bonus on the Sportsbook will cost you 900 poker points
- A $10 bonus on the Casino will cost you 700 poker points
- A $5 bonus on the Sportsbook will cost you 450 poker points
- A $5 bonus on the Casino will cost you 350 poker points
All you have to do to convert your poker points into tournament tickets or bonuses is to log into your account, go to the account dashboard, click the My Poker Tab and then simply select ‘points to tickets’.
You then choose the goody that you want to convert your points too and click ‘convert’. All tickets will be converted instantly but the bonuses may take up to 24hrs to be credited to your account.
Poker Welcome Bonus – 100% Up To $500
Before you can get started with earning your Bovada poker points, you are first going to have to get yourself an account at Bovada and take advantage of their excellent welcome bonus.
You will be given a 100% match deposit bonus of up to $500 when you first deposit at Bovada Poker.
This welcome bonus will be credited to your account in stages as you play at the poker tables on Bovada.
The best thing about this bonus is that there is no playthrough requirement on these bonuses as you essentially do this as you go along to unlock the welcome bonus.
- After you have earned 15 poker points, you are given your first $5 bonus.
- After you have earned 85 poker points, you are given $20 of your welcome bonus.
- After you have earned 185 poker points, you are given the next $25 of your welcome bonus.
- After you have earned 500 poker points, you are given the next $50 of your welcome bonus.
- After you have earned 1,500 poker points, you are given the next $150 of your welcome bonus.
- After you have earned 5,000 poker points, you are given the final $250 of your welcome bonus.
Bovada Withdrawal Fees
The great part about this is that not only do you earn your welcome bonus but you also accrue poker points which can be exchanged for tournament tickets and bonuses at Bovada.
Conclusion
Bovada offers a wide range of poker games and tournaments and it has a very deep player pool which means you will never be short of opponents to beat at the tables. You can play Texas Hold’em, Stud, Omaha and many other forms of poker both in a ring game and tournament format.
The best part is that as you keep playing, your Bovada poker points will keep increasing and once you earn enough of them, you can start playing tournaments for free.
Imagine winning a tournament at Bovada that you did not even directly pay entry into?