While some philosophical models reduce religious faith to either mere belief or affect, more recent accounts have begun to look at the volitional component of faith. In this spirit, John Bishop has defended the notion of faith as a ‘doxastic venture’. In this article, I consider Bishop's view in detail and attempt to show that his account proves on the one hand too permissive and on the other too restrictive. Thus, although the doxastic-venture model offers certain advantages over other prominent views in the philosophy of religion, it still falls short of providing us with an ultimately satisfactory account of religious faith.