What's up Bovada?

My friend was thinking about getting a BV account and betting sports meanwhile taking advantage of their sports bonus. At first I was in full support and encouraged him to do so, but I remembered people complaining about slow payments, so I went looking at a few other websites to see what the current scuttlebutt was before continuing to encourage him any further.

I know there's already a discussion about slow paying, however I seems to be more serious than I thought.

There are people who claim they cashed out early March and haven't got paid yet.

I know sometimes there are issues with the payment processors and people need to be patient, but something I find really strange is that Bovada is now accepting Bitcoin as a deposit method but you CAN'T withdraw using Bitcoin. THAT MAKES ABSOLUTELY NO SENSE!!



It may lead someone to believe they are having cash flow problem. If I really wanted to be cynical I may even think they were going for a cash grab.

Mike/Zuga or whomever is in charge of the Bovada affiliate account can you guys get some answers for us? Don't we have a BV representative here or over at LCB? I know other sites used to in the past.

The only thing I can think of with. Bit clinks maybe they need to build up a reserve before they can offer it- similar to when five dimes was taking money paks to deposit but took a few months before they accosted payouts-
But yes overall VERY SHADY AS OF NOW

I've always wanted one if those but you gave no contact number to reach you

Gotta be a test. It's the only post I see with a flag button.

Just noticed the same thing

Quote: alaricmcklaus

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99.9% Of ID stuff is a complete fraud they will just take your money. When my nephew was 19 and 20 he kept getting burnt. Eventually he got one (VERY CRAPPY LOOKING ). Then after a few weeks all his friends bought one and they all got F***ed.

At a club he tried to get into they scanned the barcode and it failed or something and they confiscated it.

Quote: Ibeatyouraces

Gotta be a test. It's the only post I see with a flag button.

It must be a new feature that only displays the flag button for spam posts.

Quote: AxelWolf

99.9% Of ID stuff is a complete fraud they will just take your money. When my nephew was 19 and 20 he kept getting burnt. Eventually he got one (VERY CRAPPY LOOKING ). Then after a few weeks all his friends bought one and they all got F***ed.

At a club he tried to get into they scanned the barcode and it failed or something and they confiscated it.

That'll teach em all for using the name Mr. Pappagorgio.

Quote: Ibeatyouraces

That'll teach em all for using the name Mr. Pappagorgio.

Mclovin.

Quote: AxelWolf

Mclovin.

McLovin you too...
There is sumptin' new with the 'flag' option, not there very often now.
Hidden changes behind the scenes, no announcement, or policy clarification......
I'm typing from under the fridge ;-)

Would be nice to get some word from the horse's mouth. Pokergrinder on a similar thread:

Quote: PokerGrinder

I usually get it within a week but my last 4 cash outs over the last 8 weeks have been crazy slow by their standards. The longest one taking I think almost a month to reach my bank account. Sadly they have gotten slow out of nowhere and we all get to suffer because of whatever issues they are having whether it be incompetence or lack of staff for the volume of players and thus volume of cash outs that are occurring. Keep patient as that is about the only thing that you can do at this point. GL

I don't know about the lack of bitcoin withdrawls being a red flag. It seems like there could be some simple reasons for that, like it is hard for them to do the accounting, or whatever. Maybe they think people will try to game bitcoin fluctuations at their expense somehow. Maybe they sell off all bitcoin deposits ASAP to avoid a crash. In other words, they are comfortable enough to accept deposits, but wary of being much deeper than that.

I'm pretty ignorant about bitcoins, but I think this is a much smaller issue than the very slow payouts.

According to a thread on 2+2 people are starting to get bitcoin withdrawl options.

http://forumserver.twoplustwo.com/28/internet-poker/bodog-bovada-payout-thread-us-players-do-not-post-bank-names-1553/index1428.html

Quote: AxelWolf

Mike/Zuga or whomever is in charge of the Bovada affiliate account can you guys get some answers for us? Don't we have a BV representative here or over at LCB? I know other sites used to in the past.

Ive emailed our contact just now. will keep u guys posted.

Quote: Rigondeaux

According to a thread on 2+2 people are starting to get bitcoin withdrawl options.

that is correct. Our Bovada contact has confirmed this . This should help and speed up the withdrawal process and get them back on track.

But no other update ?

Quote: Wizardofnothing

But no other update ?

if you are referring to the cash flow problems, then the answer I got was no. there is none. But we all know there were some complaints about cashout delays, which is why they have now introduced bitcoin cashouts to help with the process.

We are and will keep an eye on this, and any potential new complaints we receive via email/pm etc will be dealt with and sent over to Casino Rep who promised it will be looked into/taken care of asap.

Quote: Zuga

We are and will keep an eye on this, and any potential new complaints we receive via email/pm etc will be dealt with and sent over to Casino Rep who promised it will be looked into/taken care of asap.

Of course the Casino rep is just that. He's not independent or impartial. He's unlikely to say "Yes. There are issues behind the scenes" (if there are)

Quote: Zuga

if you are referring to the cash flow problems, then the answer I got was no. there is none. But we all know there were some complaints about cashout delays, which is why they have now introduced bitcoin cashouts to help with the process.

We are and will keep an eye on this, and any potential new complaints we receive via email/pm etc will be dealt with and sent over to Casino Rep who promised it will be looked into/taken care of asap.

Thanks I'm satisfied.

I know they have had slow payments in the past, probably due to Black Friday and payment processors, but once they figured everything out it was smooth sailing for many years.

I'm now confident enough to recommend them.

I would recommend the use of bitcoin . Seems they are able to process the cashouts faster this way.

Quote: Zuga

I would recommend the use of bitcoin . Seems they are able to process the cashouts faster this way.

Most people don't have BC. IIRC it's not a simple process. Perhaps it is nowadays.

Quote: AxelWolf

Most people don't have BC. IIRC it's not a simple process. Perhaps it is nowadays.

you are right, and its why we have done couple of articles on this subject over at LCB, so you can forward it to your friend and any other interested parties :

https://latestcasinobonuses.com/bitcoin-spreading-to-online-casinos

https://latestcasinobonuses.com/banking/bitcoin