Bovada is a website that allows bettors to place bets on sporting events. Bettors can either place bets with Bovada itself, or through a third-party site.
Bovada pays out in two ways: either by check, or by direct deposit into a bank account.
Bovada has been known to be a reputable site when it comes to paying out winners. They have a relatively quick turnaround time for payment, and have never been known to delay payment in order to increase their odds of winning.
Overall, Bovada is a reliable site when it comes to paying out winners.