I have been playing on Bovada for a few months. I made a total of 4 deposits totaling $10185. I completely lost the first 3 and ran the 4th one ($5500) up to $22588. On May 11, I requested a withdrawal for 10k. On May 11, I received the following email from Bovada:
After a full review of the play in your account, we have found conclusive evidence of Bonus Abuse. Your actions were in violation of our players terms of agreement that can be found using this link: https://www.bovada.lv/help/bonuses-f...and-conditions. Your account will now remain permanently disabled and all winnings in your account have been forfeited. Please note that any accounts opened by you, or that are found to be linked to you will also be disabled, and any funds in those accounts will also be seized. Please contact customer service at the number below to arrange the return of your deposit amount. Regards, Bovada Security service@bovada.lv 1-888-263-0000
I send them 2 different emails requesting an immediate explanation for this and do not receive a response. Eventually, I went on the live chat to request an explanation. They go on to explain that they have decided that I am a "skilled player" and because I received a deposit bonus, I was in violation of their bonus policy so they won't pay me my winnings. They "allowed" me to access to my account one time so that I can request a cash out of the amount that I deposited ($10185) and they deducted the $12,581 in winnings from my account balance before they permanently closed it.
I have been betting sports for a long time and this is one of the most egregious things I have seen from a sportsbook. Essentially anyone who receives a bonus at Bovada could be denied payment of their winnings on the pretext of "bonus fraud" for being a "skilled player". This is straight up stiffing a player for an arbitrary reason that has nothing to do with the bets and it should not be tolerated by the betting community. They accepted the bets and continued to accept bets until I decided to make a cash out and only at that time was it decided that I was a skilled player. Had the bets lost, I'm certain they would have no problem allowing me to continue to deposit and bet. I believe this is not behavior of a supposed "A rated" sportsbook and in light of this behavior that their rating should be reviewed. Any advice or support would be greatly appreciated.
After a full review of the play in your account, we have found conclusive evidence of Bonus Abuse. Your actions were in violation of our players terms of agreement that can be found using this link: https://www.bovada.lv/help/bonuses-f...and-conditions. Your account will now remain permanently disabled and all winnings in your account have been forfeited. Please note that any accounts opened by you, or that are found to be linked to you will also be disabled, and any funds in those accounts will also be seized. Please contact customer service at the number below to arrange the return of your deposit amount. Regards, Bovada Security service@bovada.lv 1-888-263-0000
I send them 2 different emails requesting an immediate explanation for this and do not receive a response. Eventually, I went on the live chat to request an explanation. They go on to explain that they have decided that I am a "skilled player" and because I received a deposit bonus, I was in violation of their bonus policy so they won't pay me my winnings. They "allowed" me to access to my account one time so that I can request a cash out of the amount that I deposited ($10185) and they deducted the $12,581 in winnings from my account balance before they permanently closed it.
I have been betting sports for a long time and this is one of the most egregious things I have seen from a sportsbook. Essentially anyone who receives a bonus at Bovada could be denied payment of their winnings on the pretext of "bonus fraud" for being a "skilled player". This is straight up stiffing a player for an arbitrary reason that has nothing to do with the bets and it should not be tolerated by the betting community. They accepted the bets and continued to accept bets until I decided to make a cash out and only at that time was it decided that I was a skilled player. Had the bets lost, I'm certain they would have no problem allowing me to continue to deposit and bet. I believe this is not behavior of a supposed "A rated" sportsbook and in light of this behavior that their rating should be reviewed. Any advice or support would be greatly appreciated.