Quote:
Originally Posted by NeneHilario
I'm not sure if this issue has already been addressed. I have called Bovada multiple times to speak with a supervisor, and their only response is to ask for proof. I refuse to wager any more bets on Bovada, as this issue has been confirmed at least 100 times in my experience.
This is only for live betting. I'll provide an example, but a summary would be this: During live betting, while your wager is "processing", if there's a line change during that time, your wager is either accepted or declined based on which way the line moved. I'm fine with all bets being either accepted or declined in the event of a line change, but it's not okay to accept or decline based on which way the line moves
For example, I like to do a lot of live tennis betting. The line changes literally every single point, so you can imagine how many times it changes during a match. I'll try to use simple numbers here, and this is a made up scenario. Let's say Federer is playing Cilic, and the set score is tied 1-1, and they haven't started the third set yet. Federer is currently -140 to win the match. Federer is first to serve, and I bet $100 on Federer to win the match before he serves. While the wager is processing, Federer serves an ace, and his line moves to -145 as he's slightly more likely to win now. In this scenario, without fail, my wager will be cancelled before it's processed, and I can try to bet again at -145. I actually have no problem with this. They don't want to give me -140 value for a bet that's actually -145 now. No problem.
Now let's say it's the same score as before, a set a piece, Federer is first to serve. I bet $100 on Federer to win the match at -140. As the wager is processing, Cilic hits a return winner, and the line moves to Federer -125 as he's less likely to win the match now. My wager will still get accepted, without fail, and now I have a wager at -140 when the value is actually -125. I'm fine with this too. I clicked "wager" when the bet was -140 so I get -140. Fine.
What I'm not okay with is both of these things happening. They accept my bet when my selection becomes less likely to win, but make me take the worse price (I have -140, but a fair price is -125). When my selection becomes more likely to win, they decline my bet and make me try again at a worse price. (I want -140 but they make me try again at -145)
I would finish with "does this happen to anyone else?", but I know it happens. At least 100 times it's happened to me. If my wager gets declined, I know without even looking that my selection is now a steeper price. If my wager gets accepted, I know the line either didn't move, or my selection is now less likely to win.
Bovada is famous for this. But what do you want to happen? Them to stop free rolling you? I want to give J-Lo a facial. I think we're about even odds as which one will happen first.
This stuff happens all the time with live betting, and honestly, how can you expect it not to? It sucks but until betting is regulated and/or there is some solution like all bets must be accepted or rejected in a 5 second window or something, youll always have this problem. If a book can make money by simply waiting a few extra seconds to click a button, theyre probably going to. If you keep live betting in spite of it, it only encourages the practice.