How to Deposit into a Sportsbook – Bovada

Depositing Money into a Sportsbook

Depositing money into a sportsbook should become second nature to a sports bettor, especially since that is their main tool for all of their sports betting needs. For those that are not very familiar with how to deposit money into your account on a sportsbook, this guide will take you step by step on what to do and how to do it, in order to make the process as quick and stress free as possible.

For this guide, we will be using the Bovada online sportsbook as a reference. Do not worry, most sportsbook work in a similar fashion, so getting to know one method can make it easier. For those bettors, that have not registered or opened an account with a sportsbook, should do this before reading this guide.

Step 1: Logging In

This is an obvious first step, so as a sports bettor, you should know, remember, or have your account number and password handy. Once the bettor gets to the main sportsbook website, they should look at the top-right hand corner of the screen. There they will find the text boxes where they will have to input two pieces of information; their Account Number or Email and the Password that is associated with this account.


Once they have input the information, all they have to do is hit the “SIGN IN” button to the right.


Step 2: The Main Page

Once the bettor has logged in successfully, they should arrive at the main sportsbook page. Once there they will be able to do two things in order to check their account balance.

1st Method

The first method involves simply looking to the top right corner of the screen, where the bettor’s current account balance will be posted for them to see.


2nd Method

The second method is to click on the “My Account” link, also located at the top right hand corner of the screen, right below the bettor’s name and account number.


Step 3: Getting to the Deposit Page

Once the bettor has accurately determined that they in fact DO need to deposit some money into their account, they can get to the Deposit options page using two different methods; either way is perfectly fine. It would simply depend on which page you are already on.

1st Method: Quick and Easy

This method is the easiest method, as it can be done from any page on the website. The bettor will always have this option available as they look through the sportsbook. Located at the top right corner of the screen, they can simply click on the “Deposit” link, and that will take them right to the Deposit page.


2nd Method: Slowly, but Surely

If the bettor decides to look at the general account information, by having clicked on the “My Account” button, they will see an overview of what their balance is for the sportsbook; as well for the casino, but were not interested in that right now. The bettor should be able to find the “Deposit” button easily, as it is right beside the “Manage Account” button on the screen. Click that, and you should be on your way to the deposit page.


Step 4: The Deposit Page

Once the bettor is at the Deposit page, they should be able to choose from three different options in order to deposit funds; Credit Card, Money Transfer, and Rapid Transfer. For the purpose of this guide, we will be using the Credit Card option.

*Note: other sportsbooks may have different depositing options available for the bettor, and it is up to them to pick the best choice.

During this step, the bettor will have to know several pieces of information:

  • Amount of money they want to deposit
  • Their Credit Card number
  • Expiration Date
  • CVV number (3 digits on the back of the card)
  • Social Security Number (only the last four digits)
It is a good idea for the bettor to have their Visa Credit Card on hand so they can just copy the information directly. Remember to use the credit card that is associated with the account, as Bovada and other sportsbooks take this seriously. In other words, use a credit card that uses the same information on the account, such as billing address and name.


Once you have verified that all of the information is correct, and you are ready to deposit the money, simply click on the “Deposit” button in the lower corner.

Step 5: Verification

If the information is correct, the bettor should see a page with a reference number and a confirmation number of the deposit. Just like when the bettor was checking their account balance, they can do the same thing in order to verify that the money that they just deposited in in their account.

1st Method

Simply look at the top right corner of the screen, underneath the bettor’s name and account number.


2nd Method

The second method is to use the “My Account” link, to check and manage your entire account. This way you can see the current balance and other details.


Final Step: Start Betting

Now that you have money in your sportsbook account, be sure to place the best wagers possible, whether it is on the NFL or any other sport that is offered by that online sportsbook. Don’t forget to enjoy the process either.