Bovada Racebook Review

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Bet on Horse Races in the USA and Worldwide at the Respected Bovada Racebook

Bovada Racebook Review DetailedIn the decade since they launched, Bovada has grown to become one of the most popular and best respected offshore racebooks. At Bovada you can enjoy the best of North American horse racing, as well as race meetings from the four corners of the globe.

Add to that the generous loyalty program and sharp lines – and you will begin to see why the Bovada Racebook is the go-to for experienced racing fans.

This racebook is open 24/7, with live odds constantly updating to ensure your finger is on the pulse. Virtual racing can also be enjoyed. As well as the racebook, Bovada offer sports betting, a casino, a live dealer casino and an online poker room.

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Welcome Bonus at Bovada Racebook

On signing up at Bovada, racebook users can take advantage of the easy $250 welcome bonus deal. To receive this bonus, you simply need to register and then make your first deposit. You receive a 50% bonus of up to $250, with any deposit of $500 or more ensuring you receive the maximum bonus. Once the deposit has been processed, your bonus funds will be available for wagering within 30 minutes.

This bonus has an easy rollover requirement of just 5x for horse racing bets.

This means that you have to wager the total amount of the initial deposit and the bonus funds awarded 5x before the full bonus funds are cleared and yours to withdraw. The bonus can also be cleared at the sportsbook (with the same 5x rollover) or at the casino (with a higher 30x rollover).

Players who would like to deposit using Bitcoin (the preferred deposit method for Bovada) can enjoy a richer welcome bonus. This bonus is a 75% match bonus and is up to $750. Players who deposit $1,000 or more via Bitcoin can take advantage of the maximum bonus. This welcome has the same 5x rollover as the standard welcome bonus.

Rewards Scheme at Bovada Racebook

Racebook Rewards at BovadaAny time you place a wager at the racebook you will earn reward points. For every straight wager of $1, you get 40 points. For every exotic wager of $1 you get 60 points. The reward points you earn can be redeemed based on which level you are at within the scheme.

Having initially signed up you are placed in the ‘Starter’ level. At this point, you can redeem $1 every time you reach 2,500 points. As you move up through the levels, the number of points required to redeem $1 drops. The levels are ‘starter’ (2,500 points to redeem a dollar), ‘rookie’ (2,500), ‘pro’ (1,666), ‘all-star’ (1,250), ‘legend’ (1,000) and Hall of Fame (1,000).

Players at the racebook have it better than those using any section of Bovada. For example, if you play slots for $1 you earn 5 points, as opposed to the 60 points you earn for $1 on an exotic wager.

How to Use the Bovada Racebook

On entering the racebook section at Bovada you are met by a page in three columns.

The left-hand side features the trending events. Here you’ll find all of the big upcoming races. This will change throughout the year, with examples of featured events being the Kentucky Derby and the Breeders’ Cup. Here you will also find ‘fixed odds’ wagers available on some of the biggest races (the vast majority of horse racing wagers are based on pools). You can also find horse racing ‘prop’ bets in this column. One popular such prop bet is whether or not there will be a ‘Triple Crown Winner’ in a given year. Place this bet and you suddenly become a huge fan of the Kentucky Derby winner.

In the middle column you find all of the main betting action. All of the imminent upcoming races are detailed here, with the horse number, the name of the horse, jockey and latest betting lines. Here where you can place your bets directly.

In the right-hand column is the bet slip. Having made your selection in the middle column, it will auto-populate the bet slip. Your only job to do at this point is to choose your stake.

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Using the Bovada Racebook on Mobile Devices

You can bet on horse racing or sports at Bovada via your mobile devices. This book uses responsive web design instead of native apps. This means you access the racebook via a secure browser session. The code then automatically adjusts the graphics and menus to work with your screen size. You can enjoy the racebook on an iPhone, iPad, Android phone or tablet – as well as via desktop / laptop computers.

Sports betting and the casino are also available as mobile. The only people who should get the software download are poker players – as the mobile options for poker are limited.

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Bovada Racebook: Types of Horse Racing Bet Available

There are 10 different ways in which you can get involved in any horse race:

  • Win / Place and Show: The most popular wager in the sport. Back your selection to win, finish 1st or 2nd or finish in the first three, respectively.
  • Exacta: Your two selections must finish 1st and 2nd in the ‘exact’ order.
  • Quinella: Like the Exacta, except the two selections can finish 1st or 2nd in either order.
  • Trifecta: An exotic bet where you pick the 1, 2 and 3 in order.
  • Superfecta: The highest paying single race wager where you pick the 1, 2, 3 and 4.
  • Daily Double: Pick the two winners of two selected races.
  • Pick 3 / Pick 4: Select all of the winners in the three or four selected races to win.

All the above bets are placed into a pool with all of the other similar wagers. The payout is then divided by the number of winning tickets in that pool. Therefore, the fewer winning tickets, the more you win. This is why you always get paid more for an underdog winning. The largest pay outs come in Trifectas and Superfectas where the number of winning wagers can be extremely low.

If you are familiar with pari-mutuel betting pools at live racetracks, this format will already be familiar to you.

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Betting on Big Horse Racing Events

For the biggest events in the sport, you will find extended betting opportunities at the Bovada racebook. For example, in the lead up to the Kentucky Derby, you have the option to place fixed odds wagers on the selections. This can be a profitable way of making a selection early on (even before the horse has even made the starting line-up) at longer odds.

For races such as this one, you can also request odds from Bovada on the horses not listed. You can expect similar fixed odds options on other races and events, such as:

  • Kentucky Oaks
  • Preakness Stakes
  • Belmont Stakes
  • Breeders’ Cup

You can, of course, place all of the usual pool bets on these races. The interest in these races is much greater than usual, meaning the size of the pools will be huge.

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Betting on International Horse Races at Bovada

If you like to wager on international horse races, there is a large selection of races at Bovada. The good news for bettors is that races in the US, Europe, and places such as South Africa and Australia will all start at different times during the day/night. This almost ensures that at whatever time you log into Bovada, there is some action about to start.

Popular international races that you can bet on include The Epsom Derby, the Prix de l’Arc de Triomphe, the Melbourne Cup and the Dubai World Cup.

If there is a gap between races, you can also enjoy virtual racing. These can offer an entertaining alternative to the usual real-life racing, with high quality graphics and quick races that take place every few minutes.

Bet on Virtual Races at Bovada

How to Deposit and Withdraw at Bovada

There are several different deposit options available at Bovada:

  • Bitcoin: This is the deposit method of choice at Bovada and will see you get higher deposit bonuses. There is a whole section on the ‘help’ page of the site explaining exactly how you make a deposit with a cryptocurrency, including a handy video.
  • Bitcoin Cash: An alternative cryptocurrency similar to Bitcoin to deposit with. If you are unfamiliar with cryptocurrency, then sticking with Bitcoin is recommended.
  • Credit Cards: You can make a deposit using credit cards such as MasterCard and Visa. You can also use gift cards to deposit. Ensure that gift cards are available for both international and online purchases. American Express and Union Pay credit card deposits are also available.
  • Zelle: A payment service that allows peer to peer money transfers, simplifying the deposit process.
  • Vouchers: You can make a deposit using vouchers. You can receive vouchers from other players, that you can use to fund your account.

Withdrawals from Bovada include Bitcoin, Bitcoin Cash, a check via a courier and though vouchers you can send to other players. Your method of withdrawal can be based on your method of deposit. For example, if you deposit using Bitcoin, Bovada will facilitate it so that a withdrawal will go back to Bitcoin.

This racebook has a solid reputation built over many years for fast pay outs and great service. I have no hesitation in recommending them as a trustworthy place to bet. With all offshore books, there is some risk. It makes sense to keep only the money you need for your current betting activity on board. I have put together a detailed guide to moving your money onto and off of Bovada at my other site Sit and Go Planet, check out Bovada Deposit Methods 101 for more. 

Customer Service and Responsible Gambling at Bovada

There is a large help section at Bovada where all of your questions and queries are answered. This starts with a series of topics which include such areas as financial, bonuses, account, and security. There are sections for each of the Bovada offerings too, including a dedicated horses section. Within each section are a long list of different questions that are answered. Some of the answers are comprehensively answered, with some answers including video clips.

If your query isn’t answered, you can contact the team via email or use the ‘Live Chat’ option on the site. There is also a Bovada ‘community’, where you can interact with both the team and other members of the site.

There is a ‘Responsible Gambling’ dedicated page on the site. Here you find a series of questions that can you help identify if you have any problems with gambling. Options include self-exclusion from the site, both in the short and long term. Links to problem gambling associations are also listed.

Wrapping Up: How Does the Bovada Racebook Compare?

This book covers both racing fans that place the occasional bet on the big race events to regulars who are looking for sharp lines on day to day race meetings. When you compare the odds with mainstream sites, you will see just how good the value is at Bovada racebook. Those are the small percentages which add up to a big profit over time.

With a solid reputation covering sports betting and casino gaming as well as racing, Bovada have been welcoming US bettors from their offshore base for more than 10 years. If you have been betting for a while, you might have known this site from their former name – Bodog.

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Bovada Racebook FAQ:

  • What Types of Horse Races Can I Bet on at Bovada?

You will find all the major tracks in North America covered. Races include thoroughbred, standardbred, quarter horse racing and harness racing. Add to this the major events (Breeders Cup and International majors), plus jump and flat racing from tracks around the world.

  • Does Bovada Racebook Use Parimutuel Pools?

Yes, at least the pay outs you receive will match those paid out at the pools at the tracks. You can bet on single horses (win, place, show) or go for combinations for bigger prizes. Multiple horse bets can be boxed, spreading your risk for when they finish in different orders.

  • Is the Bovada Racebook Safe?

This is the safest offshore racebook you will find. Their reputation is rock solid, with no major scandals in their 10 years as Bovada and period before that as Bodog. Bovada pay out quickly (some methods within 24 to 48 hours), respect bonus deals and offer excellent service. While there is always an element of risk when betting offshore, there are few better options that Bovada for those that choose to do this.

  • What Other Forms of Gambling Does Bovada Offer?

In addition to their racebook, this site has one of the biggest and best sportsbooks open to US bettors. This covers major leagues, college sports and single player sports (tennis, golf, boxing, mma etc.) in depth. You will also find international sports covered – with soccer a huge part of this site. Add to this a casino (slots, table games, video poker and live dealer tables) plus a big poker room and you will see that Bovada is one of the biggest offshore gambling sites around.

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More Detailed Guides and Reviews:

- BetOnline Racebook Review

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