[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) - Page 560 - Online Poker Sites -- Two Plus Two Poker Forums

I wouldn't wait to deposit them. If you wanted to, you could deposit them on 3 separate days, but if they're getting sent to collections, then I definitely wouldn't wait for each one to clear before depositing the next one. I would deposit them ASAP.

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08-12-2014 , 02:01 PM

#13977

madcatz1999

old hand

Join Date: Aug 2009 Posts: 1,274

Quote:

Originally Posted by dangerdan05

So lets say i get a max wire of 9500 yesterday, and i go depo a 3k check today or within a few days.. does that get reported? this is just curiosity

To the FBI, you mean? Check deposits don't get reported, period. Only cash or cash equivalents.

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08-12-2014 , 03:36 PM

#13978

dangerdan05

grinder

Join Date: May 2010 Posts: 474

Ya or to the IRS/any other high authority.. ok i thought any amount over 10k cash/checks/wires get reported

Quote

08-12-2014 , 04:51 PM

#13979

mark32607

banned

Join Date: Feb 2014 Posts: 1,383

Quote:

Originally Posted by vi3tboi361

Madkatz sorry for the misconfusion. Im not talking about the check that collection has. Im talking about the 3 other checks that i will receive within within the next couple of days. Since my first check can take up to 2 months to clear and i will receive my next check this week, I didnt know how long the checks were good for so if it did actually take 2 months for my first check to clear and i still have my other 3 i didnt know if they would be voided.

The check will say right on it when it expires and it's usually 90 days

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08-12-2014 , 05:40 PM

#13980

vi3tboi361

stranger

Join Date: Aug 2014 Posts: 11

no luck, i didnt see a expiration date when i cashed it. I called them and they said their checks are usually good for 6 months. But i am going to call back a few times to see how many different answers i get.

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08-12-2014 , 10:48 PM

#13981

Frankie Fuzz

grinder

Join Date: Aug 2013 Posts: 534

I've got a question for you guys about the Credit Card withdrawal method. I assume it works like a refund payment, but what happens when you have a positive balance on your credit card? Let's say I withdraw a bunch and have +10k in my credit account. Can I withdraw that to my bank account? Would the credit card company be suspicious of this?

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08-13-2014 , 03:51 PM

#13982

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Is depositing withdrawal checks in the ATMs still not working ? Haven't been playing on bovada.

Quote

08-13-2014 , 04:37 PM

#13983

Doubleup28

journeyman

Join Date: Sep 2013 Posts: 219

Quote:

Originally Posted by dangerdan05

Ya or to the IRS/any other high authority.. ok i thought any amount over 10k cash/checks/wires get reported

They can file a (SAR) Susp. Activity Report. Not likely assuming you aren't shady and have a good relationship with your bank. Its for suspected criminal activity. Something to read up on.

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08-13-2014 , 05:28 PM

#13984

sodadynastar

stranger

Join Date: Aug 2014 Posts: 4

Requested last night, processed today... Hopefully get my check within 7 days. Anybody have experience banking with "Rymes with FACE" bank?

Quote

08-13-2014 , 09:56 PM

#13985

Gemaco

old hand

Join Date: Apr 2010 Posts: 1,697

Quote:

Originally Posted by vi3tboi361

Has anyone deposited numerous checks at the same time? My first one is still in collections, its only been a week but am waiting on 3 more checks to come. Should i deposit the next 3 at the same time?

This is not advice.

Personally, if I was in that situation I would open another account with a different bank and deposit the next one there. I personally wouldn't hold onto 3 checks until the first one cleared collections.

Quote

08-13-2014 , 09:58 PM

#13986

Gemaco

old hand

Join Date: Apr 2010 Posts: 1,697

Quote:

Originally Posted by dangerdan05

So lets say i get a max wire of 9500 yesterday, and i go depo a 3k check today or within a few days.. does that get reported? this is just curiosity

Again, this is not advice.

I would be really really really really really careful with asking for wires for 9500.

It smells of structuring, which is a felony.

Quote:

Originally Posted by dangerdan05

Ya or to the IRS/any other high authority.. ok i thought any amount over 10k cash/checks/wires get reported

Your next post pretty much confirmed my suspicions. (edit)

I'm trying to do this without being a jerk, so all I am going to do is suggest anyone who withdraws a lot of money from online sites to do research on IRS law before making financial decisions.

Here is the part on structuring: http://www.irs.gov/irm/part4/irm_04-026-013.html if anyone cares

Last edited by Gemaco; 08-13-2014 at 10:09 PM. Reason: read more

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08-14-2014 , 02:31 PM

#13987

mark32607

banned

Join Date: Feb 2014 Posts: 1,383

I advise everyone to structure......until they get caught

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08-14-2014 , 02:55 PM

#13988

madcatz1999

old hand

Join Date: Aug 2009 Posts: 1,274

Quote:

Originally Posted by mark32607

I advise everyone to structure......until they get caught

I advise everyone to structure up until the one right before the one they would have gotten caught on.

Quote

08-14-2014 , 03:31 PM

#13989

philip1010

grinder

Join Date: Feb 2012 Posts: 625

Requested $3500 Friday
Approved Friday
Received Thursday but the check amount is $3000 and the other $500 was not refunded back to my account. Has this ever happened to anyone? If so, what's the next step? I'm assuming it's to give them a call and try to sort it out.

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08-14-2014 , 03:32 PM

#13990

XaQ Morphy

veteran

Join Date: Nov 2007 Posts: 3,022

Quote:

Originally Posted by philip1010

In roughly 7 days they'll send a check for $450 which is the remaining $500 minus their $50 fee per check (past the 1 free check per month).

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08-14-2014 , 03:34 PM

#13991

philip1010

grinder

Join Date: Feb 2012 Posts: 625

Quote:

Originally Posted by XaQ Morphy

In roughly 7 days they'll send a check for $450 which is the remaining $500 minus their $50 fee per check (past the 1 free check per month).

Thanks for quick response. Figured it was something of that nature wasn't sure though.

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08-14-2014 , 03:36 PM

#13992

XaQ Morphy

veteran

Join Date: Nov 2007 Posts: 3,022

Quote:

Originally Posted by philip1010

Thanks for quick response. Figured it was something of that nature wasn't sure though.

Most people just request the $3k every calendar month and wait until the next for anything remaining, so they don't get hit with the $50 fee. Still, Bovada could make it a bit more clear in their correspondence when cashing out.

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08-14-2014 , 04:19 PM

#13993

philip1010

grinder

Join Date: Feb 2012 Posts: 625

I knew I was getting hit with the $50 charge. Just wanted to get a large amount off. Already received same check amount 2 days prior, just wanted to take 6.5k off and knew you couldn't in one check . Thanks

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08-14-2014 , 07:11 PM

#13994

idun215

veteran

Join Date: Jul 2012 Posts: 3,015

anything over 3k u should do bank wires if bovada allows you to avoid dealing with bank collections. Other wise keep your checks in increments under 3k.

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08-15-2014 , 05:03 PM

#13995

dalaxthedonk

old hand

Join Date: May 2010 Posts: 1,974

Requested a check on the 9th and still haven't received it, should I be concerned? Seems like a hell of a wait for a bovada check.

Last edited by dalaxthedonk; 08-15-2014 at 05:12 PM.

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08-15-2014 , 07:10 PM

#13996

jamesk777

grinder

Join Date: Jul 2010 Posts: 688

Quote:

Originally Posted by dalaxthedonk

Requested a check on the 9th and still haven't received it, should I be concerned? Seems like a hell of a wait for a bovada check.

at least wait 7 business days.

Quote

08-15-2014 , 07:32 PM

#13997

Agentduque

adept

Join Date: Nov 2009 Posts: 976

Quote:

Originally Posted by dalaxthedonk

Requested a check on the 9th and still haven't received it, should I be concerned? Seems like a hell of a wait for a bovada check.

This is standard. Sometimes it gets there within a couple days. Sometimes it takes 3 weeks. Ive ordered over 15 max checks in the last year and they all arrive in less than a month.

Last year I used to assume it would take a month for every check. This year it seems they have been averaging 1-2 weeks. But waiting 3-4 weeks really isn't out of the question.

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08-15-2014 , 08:15 PM

#13998

dalaxthedonk

old hand

Join Date: May 2010 Posts: 1,974

Interesting thanks guys. Was under the assumption that nearly all bovada checks take like 3 days.

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08-15-2014 , 08:27 PM

#13999

Malefiicus

Carpal \'Tunnel

Join Date: Feb 2008 Posts: 6,417

Quote:

Originally Posted by dalaxthedonk

Interesting thanks guys. Was under the assumption that nearly all bovada checks take like 3 days.

Part of it is where you're at, when I was in Michigan it took like 3 days a check, now that I'm in Oregon it's taking like 10 days a check. This is primarily because fedex is based in the east coast and west coast stuff takes a while longer.