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Making a Bitcoin Deposit. Why would you want to use bitcoin to make a deposit at Bovada? Because it’s the only deposit method that has NO TRANSACTION FEES! If you are an active player moving money in and out of your account, these fees can seriously add up. any1 actually make money playing poker on BOVADA? The losing streaks are amplified because of the higher rake at some stakes and the lack of bonuses/rakeback. That said if you can't beat Bovada it's probably time to either coach yourself up on ...