An Australian gambler has a dispute with Bovada. Michael Shackleford of the Wizard of Odds has a relationship with Bovada and is looking into it.

http://www.wizardofvegas.com/forum/g...0-000-from-me/

Pure scum. Surprised they were able to use this as justification to seize a customer's winnings. Seems pretty flimsy.

Cliffs: Customer used a VPN to bet with Bovada
Bovada let him bet there no questions asked
When customer won and requested withdrawal, Bovada stiffed him on winnings

Id like to warn everybody to avoid Bovada. They are sleezy criminals that dont like winning players.

I reside in Australia but I usually spend at least three months of the year in the USA because of my work.

A friend recommend Bovada to me because they had some great lines for live betting on a sport I follow.

I read the terms and conditions and there was no requirement that a new member should be a US citizen or
permanent resident. At the time I was residing in the USA so it seems there was nothing to stop me joining.

My first few deposits of a couple of thousand dollars lost and Bovada said nothing and took the money.
I redeposited and then ran up a $20,000 profit. Bovada shut my account and requested Docs. I provided them.

They then requested I call them and had there accounts manager rudely interrogated me as if he was the head of the FBI.
I asked him to show me which of the terms and conditions id broken. He stammered around and finally all he could
produce was using a VPN. Over 90% of my log ins were from a USA cell phone using the 4g network(NO VPN). There were a couple
of logins from my laptop were the VPN was running unfortunately. So based on this he confiscated my $20,000 profit and refunded
my deposit.

I was outraged and went to Kahnawake gambling commission the administrator of the indian nation where this scam company is based. They were rude unprofessional and totally one sided. They never even asked for my side of the story and just ruled in Bovadas favour.

Here is Bovadas scam.. If you are a sharp player that manages to beat their lines they will try to fault you on any detail and steal your profits.
If you lose they will just not bother to check you out and keep the money.

For example if they were fair about their using a VPN rule you could make a bet and if it loses then just log in with a VPN.
This should void the user agreement and force them to return your deposit.
Of course this would never happen which demonstrates the scam they are running.
They will only use the VPN clause to steal money from winning players.

Avoid Them.
Stay Away run for the hills.
You have no rights once you give them your money. They can just do what ever they please.
They will always shower losing players with promos and do whatever they can to confiscate sharp players profits and drive them
away.

Mark.

Didn't you just post the exact same story?

If 20k is a lot of money to you then you shouldn't be gambling.

this makes no sense.

What is the tipping point of 'a lot of money' where one should be allowed to gamble?

R u bragging or just a ******.

I meant gamble in the sense of violating the TOS of a sketchy offshore sportsbook. If you think OP is on the up and up, I've got a bridge to sell you.

Little from column A, little from column B.

Is there a Bovada thread somewhere? I'd love for them to answer this thread. I'm not ready to take OP's side 100% but this seems shady. Bovada better start refunding players' money if their lost bets that broke their TOS.

Bovada and Bodog have been stiffing pretty aggressively lately. I used to have accounts that did stuff like 10x worse, and more obvious, than this and getting paid was never a problem. Now I'm seeing no-pay stories from players that seem at least semi-legitimate. They are also cutting limits even faster than they used to. My guess is they haven't been particularly profitable, I guess all the fish that can still play there are dumping their money to locals and DFS these days.

How much? Bridges can be good investments

Just curious, how much of the $20k is from the poker room? and what games? That could be another issue. Why should Bovada keep poker winnings? Sportsbooks have total control. You must realize that before depositing and before letting your account get to $20k. I'm not saying they are right. Just you have a uphill battle when they hold the cash.

I was thinking the same thing, since the same balance is used for Poker and Sports.

Bovada used to have a separate balance for the casino..and then you could transfer back and forth..now it is all lumped into one.

Unfortunately, the morale to this story is don't keep a balance that you can't afford to lose..

No that's not the morale of the story.

you think if some multi millionaire was scammed in same way he would just be like ok @ least I can afford it.

Nor does he ever say he is in dire straights and can't feed his family now.

Playing on Bovada is no different than going down to Mexico. There are risks involved, especially if one isn't being careful..

How is what you said related to the moral of this story? How does it even. Omfg. Just go.

im waiting since 10th of march for a 1100 poker payout... its ridiculous. this whole visa fast funds is bs. i cant wait to see how the check dhl delivered today for a different payout works. hope it dont bounce. dont ever play hi stakes online. ps if you say 20 k is nothing to worry about your an idiot. if you won, you would want it, dumbest **** i ever read. 5 dollar mtt players say dumb chit. i would suggest calling a lawyer. you can sue a company from another country since they are accepting us business. for 20 k its worth it...

lol. iowa can you show us a picture of your dick? im guessing its two feet long

tell bovada to cashout with bitcoins! join the future!

Nah, average to below average depending on temperature and current state of arousal, but I'm a multi millionaire, so this and my many other flaws will always be overlooked.

Iowa, you stealing RickySteve's schtick?

Was shooting for Poogs so will take that as a compliment. How is year 30 of bottom feeding going for you?

what specific steps did you take to become a multi millionaire

1) Devote best years of life to sports betting
2) Run good

how much of the work you did was coding? and how much was working on the math to find good predictive models?