Bovada Over charging accounts

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  • Conan
    SBR MVP
    • 09-01-10
    • 1178

    #1
    Bovada Over charging accounts
    I am attempting to make a deposit to bovada of $150, with their stated 5.9% fee that comes to $158.85 but when I attempt the deposit, they are trying to charge my card $168.35. I have attempted to contact customer service and so far, their gaslighting me saying they don't change their fees. Has this happened to anyone else?
  • Thefix13
    SBR Wise Guy
    • 05-14-21
    • 664

    #2
    Chances are you are also paying a foreign transaction fee from your CC provider
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 60655

      #3
      Originally posted by Conan
      I am attempting to make a deposit to bovada of $150, with their stated 5.9% fee that comes to $158.85 but when I attempt the deposit, they are trying to charge my card $168.35. I have attempted to contact customer service and so far, their gaslighting me saying they don't change their fees. Has this happened to anyone else?
      Maybe they mean it's a fee from your bank?

      Is there a breakdown on your card statement of the charge/fees?
      .
      Comment
      • Conan
        SBR MVP
        • 09-01-10
        • 1178

        #4
        Originally posted by Optional
        Maybe they mean it's a fee from your bank?

        Is there a breakdown on your card statement of the charge/fees?
        I've asked them that specifically but they wouldn't say.
        Comment
        • Conan
          SBR MVP
          • 09-01-10
          • 1178

          #5
          Originally posted by Thefix13
          Chances are you are also paying a foreign transaction fee from your CC provider
          wouldn't that be a different line item?
          Comment
          • Mr. NBA
            SBR Wise Guy
            • 09-08-06
            • 524

            #6
            Conan I'd try to avoid CC with any book......but I guess you gotta do what ya gotta do. I personally wouldn't sweat it especially if they are giving you a nice bonus for the deposit. These books (and I don't blame them) do not like messing with CC's. Headaches and more headaches for all involved.
            Comment
            • Conan
              SBR MVP
              • 09-01-10
              • 1178

              #7
              Final answer from my bank as the two reps and one supervisor at bovada were unable to tell me, Apparently they "pre-authorize" a larger amount for some reason and then credit you back the difference. why this is how they do things I don't know and we will see if they actually do refund the difference soon.
              Comment
              • JAKEPEAVY21
                BARRELED IN @ SBR!
                • 03-11-11
                • 29210

                #8
                CC deposit??

                Apparently you are an old soul, Conan...
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 60655

                  #9
                  Originally posted by Conan
                  Final answer from my bank as the two reps and one supervisor at bovada were unable to tell me, Apparently they "pre-authorize" a larger amount for some reason and then credit you back the difference. why this is how they do things I don't know and we will see if they actually do refund the difference soon.
                  If that is the real answer someone needs a slap for not just letting you know right away. Because that is simple and normal.

                  They don't "refund" a pre-authorization btw. That amount is like reserved funds until they put a proper charge against it. The balance of those reserved funds should become available again automatically within 1-3 days normally.

                  And your bank should be able to confirm exactly how much was actually charged v pre-authed. That amount wont be changing or refunded against.
                  .
                  Comment
                  • Seattle Slew
                    SBR Hall of Famer
                    • 01-02-06
                    • 7373

                    #10
                    Yes, happened all the time when I played there. You always get at least $10 over what you expect, even including the 5.9% fee. A while back, they sent an email saying they were upping the CC deposit fee to 9.9% but they never implemented it.

                    It's not a foreign transaction fee from your CC. I always used a card with no foreign transaction fee and it still overcharged the amount. I asked them once and all I got was BS double talk.
                    Comment
                    • Seattle Slew
                      SBR Hall of Famer
                      • 01-02-06
                      • 7373

                      #11
                      Originally posted by Conan
                      Final answer from my bank as the two reps and one supervisor at bovada were unable to tell me, Apparently they "pre-authorize" a larger amount for some reason and then credit you back the difference. why this is how they do things I don't know and we will see if they actually do refund the difference soon.
                      They won't refund you anything, I'd bet. It's the way they do it.
                      Comment
                      • mjsuax13
                        Moderator
                        • 03-14-15
                        • 24769

                        #12
                        I have not heard anything positive about bovada in a very long time.
                        Comment
                        • Seattle Slew
                          SBR Hall of Famer
                          • 01-02-06
                          • 7373

                          #13
                          Originally posted by mjsuax13
                          I have not heard anything positive about bovada in a very long time.
                          Gave them the boot 6 months ago. The only thing I liked was they are the only shop that counts racing bets toward your rollover. But they ended most bonuses anyways, so even that didn't matter recently.
                          Comment
                          • Conan
                            SBR MVP
                            • 09-01-10
                            • 1178

                            #14
                            Final answer was Bovada tacked on a couple bucks hoping I wouldn’t notice and when I called them out they denied it and tried to claim it was on my banks end. So I disputed it with my bank and got my $$ back and will no longer use Bovada.
                            Comment
                            • InsiderHer
                              SBR Sharp
                              • 12-18-12
                              • 330

                              #15
                              Originally posted by Conan
                              Final answer was Bovada tacked on a couple bucks hoping I wouldn’t notice and when I called them out they denied it and tried to claim it was on my banks end. So I disputed it with my bank and got my $$ back and will no longer use Bovada.
                              I don't get it? You charged back because of $15 charge dispute? Obviously it was an international charge...Bodog support is clueless, but you should never charge back. I bet you put action in as well and lost... Lets hope you get blacklisted from using your card from any sportsbook.
                              Comment
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