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Decide which sportsbook deposit method will be used (Venmo as an example) and find a Bovada player looking to withdraw. Prepaid Visa cards have become nearly ubiquitous at US retailers. Visa. Everyone knows the former is the best. No need to make a qualifying bet. You go to the ATM and open an account and deposit 2-3 bucks or whatever is the min. Bet Now. Premium Powerups Explore Gaming. Using a credit or debit card (Visa or MasterCard) is likely the most convenient option for players on Bovada looking to deposit money into their account. Bovada deposit with prepaid card? I am looking to use a prepaid visa or gift card to deposit to Bovada instead of credit/debit or money transfer, but all of the options I am seeing online are for those cards like GreenDot or NetSpend where you still have to give your SSN and essentially open a bank account. The fee is 5 percent. You cannot withdraw to a prepaid card, but you can receive your winnings as a paper check or wire transfer. 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