When picking an online casino you will play at, you have to pay attention to a lot of details before you sign up for it. One of them are fees attached to transactions that you have to make if you want to play in real money mode. While deposits are mostly free of any additional charges, withdrawals may come with fees that can reduce the amount of your winnings. Bovada is one of the online casinos catering to US players, and if you have been curious about how much does Bovada charge to withdraw, stay with us to learn more about supported withdrawal methods, limits, and fees attached to them.
Bovada Withdrawal Methods 2021
Customers can make withdrawals via Check by Courier and Bitcoin. If you are looking for a way to clear your winnings in USD, Check by Courier may be a perfect fit for you. It is a safe and reliable banking option offering direct delivery to your door via courier service. Once your funds are delivered to your physical address, you will have to sign the check thus confirming that you have got it. The downside to this banking method is the timeframe needed for the processing which can take up to 15 business days. After a certain period of time, checks may become non-cashable, that’s why it is important to deposit them as soon as possible.
Bitcoin is a faster banking method supported by Bovada. The virtual currency is convenient for US players and those coming from countries where the online gambling market is not regulated. If you want to clear your winnings at Bovada via Bitcoin, just click on the Withdrawal Request button and choose Bitcoin from the drop-down menu. You will be required to enter your Bitcoin wallet address and the amount you would like to cash out. Bitcoin is by far the fastest withdrawal method, taking only 15 minutes once a withdrawal request is approved. Keep in mind that a pending period can take up to 48 hours, though.
Bovada Withdrawal Limits and Fees
If you withdraw via Check by Courier, you can cash out from $100 up to $3,000 per week. If you have won more than that, you will be paid out in $3,000 increments every 7 business days. Every 90 days, you can request one withdrawal via Check by Courier with no fees charged. A fee of $100 will be charged on all other withdrawals within a 90 day period. Bitcoin users can make one withdrawal between $10 and $9,500 per 3 days. The good news is that no fees are charged on cashouts via Bitcoin.
Advantages of Withdrawals via Bitcoin
To understand all the advantages of using Bitcoin for your casino transactions, you have to understand how Bitcoin functions first. All transactions are carried out by the blockchain and every transaction is transparent and registered. That’s why Bitcoin is the safest banking method, especially for players from the USA who do not have a wide array of banking methods at their disposal. When compared to other withdrawal options, Bitcoin is faster and cheaper. If you are a high-roller, you will be able to cash out larger sums more frequently. A maximum of $9,500 per 3 days, to be precise. Besides, a minimum amount you can withdraw via Bitcoin is $10 while via Check by Courier you have to withdraw at least $100.
Back to the initial question of how much does Bovada charge to withdraw, we have to say that Bitcoin is the cheapest banking solution. Via Check by Courier only one cashout within a 90-day period will be free of additional charges. By using Bitcoin you can avoid paying fees and request cashouts more frequently which is handy especially if you are a regular player.