I'm trying to withdraw $6,000 from Bovada and they're trying to delay the process. I don't trust this book anymore. I'm afraid they wont pay me.
I've been using them for a long while now. Their process goes as follows:
You request a payout.
They spend 24-48 hours processing it. (This is because you are not actually paid by them but the insurance company that is affiliated with them).
After the payout is approved the funds are removed from your account.
At this point you will have to wait 4-7 business days for your payout to be deposited into your bank account.
Typically if you begin the process on Monday the 1st, you will receive confirmation of payout approval Tuesday the 2nd mid-day. You will then receive your payout around Tuesday the 8th. (These aren't important dates, I'm just giving an example of the timing you can expect).
Good luck and I hope I've provided some valuable insight.
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Quote Originally Posted by quodinh414:
I'm trying to withdraw $6,000 from Bovada and they're trying to delay the process. I don't trust this book anymore. I'm afraid they wont pay me.
I've been using them for a long while now. Their process goes as follows:
You request a payout.
They spend 24-48 hours processing it. (This is because you are not actually paid by them but the insurance company that is affiliated with them).
After the payout is approved the funds are removed from your account.
At this point you will have to wait 4-7 business days for your payout to be deposited into your bank account.
Typically if you begin the process on Monday the 1st, you will receive confirmation of payout approval Tuesday the 2nd mid-day. You will then receive your payout around Tuesday the 8th. (These aren't important dates, I'm just giving an example of the timing you can expect).
Good luck and I hope I've provided some valuable insight.
My bookie of the last 4+ years decided not to pay me my 4k during the NBA playoffs last year, so I was searching for another way to get my fix especially for the upcoming NFL season, so I joined Bovada.
They took my money super fast and it was easy to place bets. i won that first week of the NFL. I did that quick visa thing that they offer(max of $2500). I requested it on a Friday and the $2500 was directly deposited back into my bank the following Friday.
I then immediately requested the rest and I just received it last week. they just read from a script and repeatedly tell you 'we are experiencing delays which is why you haven't received your funds. The delay in our system has caused the funds to not be transferred. We are working on the delays which we know about, which is causing you to not receive your funds...' yep! it sounds just as stupid as you read it.
I called every Friday after the 10 day period and kept getting those stupid scripted responses. On the last Friday that I called, they said that they needed to reprocess the withdrawal. So I asked if I'm still going to be charged that $50 withdrawal fee since it's has already been a month and I should technically get it for free. Their answer 'since you initiated the process within the timeframe we will still have to charge you the $50'. Friggen jerks. they deposited the rest the following Monday after that last call.
I don't know anyone personally that uses Bovada and cashed out the amount that I did. They usually lose it all. Since it was my first time using it, I wanted to test the payout times and was definitely pleased the first time, since a week seems fair, but that second withdrawal request made me not want to give them another chance.
They have no problem taking money from my card, but they take their sweet @$$ time giving it back. they want you to spend it while you wait.
The delay may have been because I zeroed my account, but F that. it was enough for me. I found another local guy who's website has a much better layout than the fancy pictures that bovada has.
good luck. you'll eventually get that dough, but it's too much time in between for me
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My bookie of the last 4+ years decided not to pay me my 4k during the NBA playoffs last year, so I was searching for another way to get my fix especially for the upcoming NFL season, so I joined Bovada.
They took my money super fast and it was easy to place bets. i won that first week of the NFL. I did that quick visa thing that they offer(max of $2500). I requested it on a Friday and the $2500 was directly deposited back into my bank the following Friday.
I then immediately requested the rest and I just received it last week. they just read from a script and repeatedly tell you 'we are experiencing delays which is why you haven't received your funds. The delay in our system has caused the funds to not be transferred. We are working on the delays which we know about, which is causing you to not receive your funds...' yep! it sounds just as stupid as you read it.
I called every Friday after the 10 day period and kept getting those stupid scripted responses. On the last Friday that I called, they said that they needed to reprocess the withdrawal. So I asked if I'm still going to be charged that $50 withdrawal fee since it's has already been a month and I should technically get it for free. Their answer 'since you initiated the process within the timeframe we will still have to charge you the $50'. Friggen jerks. they deposited the rest the following Monday after that last call.
I don't know anyone personally that uses Bovada and cashed out the amount that I did. They usually lose it all. Since it was my first time using it, I wanted to test the payout times and was definitely pleased the first time, since a week seems fair, but that second withdrawal request made me not want to give them another chance.
They have no problem taking money from my card, but they take their sweet @$$ time giving it back. they want you to spend it while you wait.
The delay may have been because I zeroed my account, but F that. it was enough for me. I found another local guy who's website has a much better layout than the fancy pictures that bovada has.
good luck. you'll eventually get that dough, but it's too much time in between for me
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