Negative Experience with BetVictor

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  • Sportsleaf
    SBR Rookie
    • 08-28-23
    • 16

    #1
    Negative Experience with BetVictor
    Hi everyone,

    After five years worth of experience, I have at least a few good things to say about most sportsbooks (for example, as you can see in one of my previous threads here: https://www.sportsbookreview.com/for...s-ontario.html), but I just had a pretty nasty encounter with BetVictor that I'd like to share here as a sort of "PSA". About a week ago I registered with BetVictor and accepted one of their promotional offers where they match your deposit 1:1 up to $400. So, I deposited $400, which reflected in my "cash" balance, which then in turn reflected an additional $400 in my bonus funds balance for a total of $800. Shortly after I burned $500 on a line that didn't hit across two separate bets. $400 from my cash balance, and $100 from the bonus funds, leaving $300 worth of bonus funds remaining. Let me be clear: I do not care at all about that bet not hitting - that is not the issue here.

    Fast forward a week later, I log into my BetVictor account, and my bonus funds balance reflects $0. I contact the live chat about this, and they inform me that the terms and conditions state that the bonus funds have an expiration date of 7 days. Maybe I overlooked the fine print, but I was not aware of this - and frankly it is not something I ever would have expected. I've never heard of such a practice until now, and honestly, I think it's quite unscrupulous. I politely let the representative know that I'm not happy about this. I propose that they restore the $300 balance, regardless of whether as cash or bonus funds - but without an expiration date, or I'll promptly close my account and share my experience on SBR. They decline. I immediately request that they close my account, which they do, and, well, here I am. I won't ever be touching that sportsbook again.

    Do what you will with this information. All I can say is that this was a first for me.
  • Optional
    Administrator
    • 06-10-10
    • 60637

    #2
    7 days does seem like a short expiration period for a welcome bonus, but an expiration date itself is not abnormal or any sort of ethical problem.

    If the expiration is shown in terms, that are easily accessible, then this is really on you for not reading them I think.
    .
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    • Sportsleaf
      SBR Rookie
      • 08-28-23
      • 16

      #3
      I'd argue that the normalization of the practice of clawing back welcome bonuses without any ethical questions surrounding it constitutes a sort of problem in and of itself from a broader industry standpoint. I'll gladly take a small $300 loss if it helps others avoid making the same mistake.
      Comment
      • Thefix13
        SBR Wise Guy
        • 05-14-21
        • 664

        #4
        I'd take a 7 day exp over the stunts other books pull these days with gigantic multipliers that factor in "winnings" off of freeplay. But yes, it's a mine field out there.
        Comment
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