Many network applications are based on binary-state networks, where each component has one of two states: success or failure. Efficient algorithms to evaluate binary-state network reliability are continually being developed. Reliability estimates the probability of the success state and is an effective and popular evaluation technique for binary-state networks. Binary-addition tree (BAT) algorithms are frequently used to calculate the efficiency and reliability of binary-state networks. In this study, we propose a novel, bounded BAT algorithm that employs three novel concepts: the first connected vector, the last disconnected vector, and super vectors. These vectors and the calculations of their occurrent probabilities narrow the search space and simplify the probability calculations to reduce the run time of the algorithm. Moreover, we show that replacing each undirected arc with two directed arcs, which is required in traditional direct methods, is unnecessary in the proposed algorithm. We call this novel concept the undirected vectors. The performance of the proposed bounded BAT algorithm was verified experimentally by solving a benchmark set of problems.