How To Get Paid From Bovada
Glad to hear you finally got paid. Bovada will always pay, but their checks and wires have been getting slower and slower as they keep pushing for bitcoin payouts. I hope they get a better payment processor for checks/wires for this NFL season or they will lose some regular customers that don’t want to use bitcoin. MoneyGram payouts through Bovada also tend to carry a little bit higher fees that can range from $40 for the minimum withdrawal amount, and can go all the way up to $150 for a maximum payout of $2,000. Bank Wire - Wire Directly To Bank Account.
Bovada Rakeback Payments. Players receive an initial rakeback equivalent in the form of a $1,000 deposit bonus. The bonus clears at an effective 20% rakeback in cash games or 60% rakeback in tournaments. Players earn 1 Poker Point per $1 rake paid in cash games or 3 per $1 in MTT / SNG fees. Bovada processes payments rapidly, and if you choose to use Bitcoin, you will have your money within minutes of the cashier clearing it. Other payment methods will take longer, but the point is that Bovada processes the payment quicker than most of its competitors, despite being much bigger.
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Houston Astros Fan
Member since Dec 2011
51839 posts
My local book recently decided to legitimize himself and unfortunately I have been unable to find another option
This being said, how hard is it to get paid out on Bovada? I've never had to bet with an online site before. Also, do you have to use something ghetto like Western Union to deposit? It says it takes MC and Visa but I didn't know if these got blocked
TIA
How Long To Get Money From Bovada
Missouri Fan
St.Louis,Mo
Member since Nov 2012
11327 posts
But i could get my amex to work on betonline, with zero issues.
what ever u do, dont take check option for pay. seems like some of these sites go through Canadian banks, so ur bank will have to get it cleared through federal reserve, because of routing numbers being different. 2 month wait for it to clear.
Going through it now.
Michigan State Fan
lsu14always
Member since Nov 2007
99999 posts
Army Fan
#honeyfriedchicken
Member since Aug 2004
40408 posts
USA Fan
County Jail
Member since Jan 2012
53332 posts
LSU Fan
Baton Rouge
Member since May 2007
27755 posts
quote:
My local book recently decided to legitimize himself
What does this mean, exactly??
Houston Astros Fan
Member since Dec 2011
51839 posts
quote:
What does this mean, exactly??
I think there were only a few of us left betting with him from college and he had started taking time off between the Super Bowl and March Madness. I also am pretty sure he might have gotten married. I dunno but I got a shifty answer on whether he would be back open for March Madness and I wanted to gamble on regular season CBB anyways
quote:
Don't use bovada Their new format will blind you
What does this mean? It looked easy to use going through it. The Federal Reserve thing sketches me out
Maryland Fan
Member since Oct 2011
1821 posts
quote:
hat ever u do, dont take check option for pay. seems like some of these sites go through Canadian banks, so ur bank will have to get it cleared through federal reserve, because of routing numbers being different. 2 month wait for it to clear.
Well this is bull shite. Maybe your bank sucks.
Missouri Fan
St.Louis,Mo
Member since Nov 2012
11327 posts
quote:
Well this is bull shite. Maybe your bank sucks.
Richard Cranium,
If a book goes through Canadian Banks,and they have an 8 digit routing number on the check,(USA uses 9 numbers), the check has to go through the Fed, via ur bank.
This was covered already in another thread, where others had to do the same thing because of 8digit routing number from CaBank.
LSU Fan
baton rouge
Member since Nov 2009
1600 posts
ETA: and I've talked to my bank at length about these checks from Canada (or any foreign bank). They do NOT take 2 months.
How To Get Paid From Bovada Account
LSU Fan
baton rouge
Member since Nov 2009
1600 posts
quote:
checks from Canada (or any foreign bank). They do NOT take 2 months.
Mine took about 5 days
Houston Astros Fan
Member since Dec 2011
51839 posts
TCU Fan
Arlington
Member since Mar 2011
17890 posts
But the point of all this is that from cashing out to the funds in my account took, about 10 days. 5 to get the check (Canadian) 5 to receive the funds.
LSU Fan
Atlanta
Member since Mar 2010
4118 posts
I go on my account yesterday and notice that the funds have been withdrawn from my account and a service fee of $12.50 has been charged for a returned check. I call my bank and they tell me that the bank account that was listed on the check is from a frozen account. The bank on the check is from a Canadian bank. I called Bovada back and they said they have never had this problem (hard to believe), but that I need to provide them a copy of the returned check before they will proceed with issuing another and finding a different way to pay me.
Going on three months now.
Texas Tech Fan
Member since Jul 2012
11941 posts
Online
I've cashed out from Bovada about 3 times. It's been awhile though. I've had no problems. Got the check. Deposited it and funds are in there within 5 days or so.
How To Get Paid From Bovada Poker
Houston Astros Fan
Member since Dec 2011
51839 posts
quote:
it's all personal preference. I started on Bovada and still use it. never had an issue with a payout. usually the whole process takes less than 7 days which is nice
Yeah I deposited last night. Every online review I read said it was the easiest site to get your money out of. I don't mind it taking 7 days or even a couple weeks, but 2-3 months would get quite aggravating.
How To Get Paid Out On Bovada
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