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Bovada = welchers


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#1 vuduchile

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Posted 16 April 2018 - 09:55 AM

Cashed out SB winnings back in March. They sent me a check, I deposited it.

Today, my account says that Canadian item was returned unpaid because the account was closed.

What are the chances I ever see that money?

#2 Kanil

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Posted 16 April 2018 - 09:57 AM

 I'd put it near 100% with Bovada.  Call them up and ######.  Might even get something extra out of it.



#3 Meglamaniac

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Posted 16 April 2018 - 11:00 AM

Cashed out SB winnings back in March. They sent me a check, I deposited it.

Today, my account says that Canadian item was returned unpaid because the account was closed.

What are the chances I ever see that money?

What did you end up losing in the exchange rate? Just curious

That's why I stopped using them, take my money in US dollars, charge a fig and then pay me in Canadian dollars that take months to exchange and then cost me more with the exchange rate


Debt paid in full!

#4 vuduchile

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Posted 16 April 2018 - 11:42 AM

What did you end up losing in the exchange rate? Just curious
That's why I stopped using them, take my money in US dollars, charge a fig and then pay me in Canadian dollars that take months to exchange and then cost me more with the exchange rate

I dont know how much was lost in the exchange. I had an ATS bet, an O/U bet game plus some props. Id have to go back and try to calculate it.

The rubber check they sent was in US Dollars. Did they calculate the exchange before paying me out then?

#5 Patriotsfatboy1

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Posted 16 April 2018 - 11:46 AM

Geek club has a ton of welchers here.  Not sure you will get much sympathy.  :dunno:


Fat, drunk and stupid is no way to go through life, son.

#6 Meglamaniac

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Posted 16 April 2018 - 11:52 AM

I dont know how much was lost in the exchange. I had an ATS bet, an O/U bet game plus some props. Id have to go back and try to calculate it.

The rubber check they sent was in US Dollars. Did they calculate the exchange before paying me out then?

The check they sent was in Canadian Dollars, which is why I was surprised when you said you deposited it, your bank can't, they have to send it to their exchange office who then contacts the Canadian Bank to start the exchange process an of course your bank is going to charge you for that as well.

 

My last check was for $1000.00, took 6 weeks to have the funds deposited into my account and after the exchange rate and my bank fees was only $766


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#7 listen2me 23

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Posted 16 April 2018 - 12:12 PM

Bodog has always sucked. But that said all of the online sites seem like a waste of time to me. Just the sheer number you have to bet times your initial deposit seems annoying.

I havent looked into them in a while. Any out there that dont have a ridiculous number you need to bet in order to deposit?

#8 vuduchile

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Posted 16 April 2018 - 12:23 PM

The check they sent was in Canadian Dollars, which is why I was surprised when you said you deposited it, your bank can't, they have to send it to their exchange office who then contacts the Canadian Bank to start the exchange process an of course your bank is going to charge you for that as well.
 
My last check was for $1000.00, took 6 weeks to have the funds deposited into my account and after the exchange rate and my bank fees was only $766


Well sh!t. I done focked up then.

But why wouldnt my bank just tell me that at some point after I made the deposit?

The message I received today was:

Canadian item returned unpayable-account closed. Nothing about the needing to exchange.

Looks like I need to make a trip to the bank now.

#9 Meglamaniac

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Posted 16 April 2018 - 12:26 PM

Well sh!t. I done focked up then.

But why wouldnt my bank just tell me that at some point after I made the deposit?

The message I received today was:

Canadian item returned unpayable-account closed. Nothing about the needing to exchange.

Looks like I need to make a trip to the bank now.

Yea, if you deposited it in the drive thru the teller probably didn't know any better and deposited it, the funds would have shown available but then when the bank realized what happened they would contact you and the money would no longer show up in your account. 


Debt paid in full!

#10 patweisers44

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Posted 16 April 2018 - 01:01 PM

Geek club has a ton of welchers here.  Not sure you will get much sympathy.  :dunno:

Should be a spinoff thread:

 

1.01 - Chronic Dooshbag


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#11 WhiteWonder

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Posted 16 April 2018 - 01:06 PM

Bodog has always sucked. But that said all of the online sites seem like a waste of time to me. Just the sheer number you have to bet times your initial deposit seems annoying.

I havent looked into them in a while. Any out there that dont have a ridiculous number you need to bet in order to deposit?

 

dont take a deposit bonus and you're fine. deposit bonuses are scams. 


Stuck in the process.....

 


#12 SUXBNME

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Posted 16 April 2018 - 01:09 PM

Should be a spinoff thread:

 

1.01 - Chronic Dooshbag

1.01 - Qlazz

1.02 - Chronic dooshbag



#13 WhiteWonder

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Posted 16 April 2018 - 01:10 PM

The check they sent was in Canadian Dollars, which is why I was surprised when you said you deposited it, your bank can't, they have to send it to their exchange office who then contacts the Canadian Bank to start the exchange process an of course your bank is going to charge you for that as well.

 

My last check was for $1000.00, took 6 weeks to have the funds deposited into my account and after the exchange rate and my bank fees was only $766

 

 

Well sh!t. I done focked up then.

But why wouldnt my bank just tell me that at some point after I made the deposit?

The message I received today was:

Canadian item returned unpayable-account closed. Nothing about the needing to exchange.

Looks like I need to make a trip to the bank now.

 

 

it is possible that the check was canadian but payable through a US bank, in which case it wouldn't need to go through exchange collections or whatever. I've had that happen before. 

 

but yeah, if its actually canadian and not payable through a US institution, your bank might not have realized on the spot (they should refund you any bounced check fee since it was their mistake) and then you woulod go about having it sent for collection / exchange and eventually deposited to your account. 


Stuck in the process.....

 


#14 vuduchile

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Posted 16 April 2018 - 01:36 PM

Tired of the Mickey Mouse crap

Casinos and lotteries all around here where people waste untold millions on slots and scratch offs.

But I gotta fly to Vegas or navigate thru the online hassles just to put $100 on the Browns?

Stupid.

#15 Strike

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Posted 16 April 2018 - 01:40 PM

But I gotta fly to Vegas or navigate thru the online hassles just to put $100 on the Browns?

Stupid.

 

I agree.  Putting $100 on the Browns is stupid.  :P


2008 Geek Bored Football Pick'em Champion


 


#16 vuduchile

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Posted 16 April 2018 - 02:03 PM

Just got a copy of the original check from the bank

It clearly states it was issued in U.S. Funds

Returned unpaid for acct closed.

Issuing bank is Royal Bank of Canada - US Dollar account.

#17 WhiteWonder

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Posted 16 April 2018 - 02:12 PM

Just got a copy of the original check from the bank

It clearly states it was issued in U.S. Funds

Returned unpaid for acct closed.

Issuing bank is Royal Bank of Canada - US Dollar account.

 

this makes sense and was my first scenario above. you should be able to contact/complain to bovada.

 

i've never had to send a check from a gambling site for collections. they usually take care of all the internatonal stuff themselves so I get my payout in USD. 


Stuck in the process.....

 


#18 vuduchile

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Posted 16 April 2018 - 02:25 PM

 
this makes sense and was my first scenario above. you should be able to contact/complain to bovada.
 
i've never had to send a check from a gambling site for collections. they usually take care of all the internatonal stuff themselves so I get my payout in USD. 


So why are the writing checks from closed accounts?

And why are they closing US Dollar accounts? Or is the bank closing them for some reason?

#19 WhiteWonder

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Posted 16 April 2018 - 02:45 PM

So why are the writing checks from closed accounts?

And why are they closing US Dollar accounts? Or is the bank closing them for some reason?

 

this I have no idea. I don't use bovada. i would assume these places have a multitude of channels they go through to get your money and pay you out. could have just been a random error on their end or bad timing that they wrote you a check from an account that needed to be closed for legal reasons. 

 

it feels like burner phones and drug dealers in a way.

 

remember these are bank accounts being used for offshore gambling. Banks don't usually do business with gambling businesses so someone is likely opening the accounts under the guise of another business. I would guess that every so often their accounts get closed and they need to use another of the hundreds they probably have set up.


Stuck in the process.....

 


#20 GobbleDog

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Posted 16 April 2018 - 04:48 PM

Back when I used Bovada (bodog) about 10 years ago, I never had a problem. Seemed like I always got a few dollars more after the exchange.?.

 

There's a lot of reasons not to use Bovada (god awful odds and piss poor betting options), but not getting paid was never one of them.



#21 WhiteWonder

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Posted 16 April 2018 - 06:01 PM

So why are the writing checks from closed accounts?

And why are they closing US Dollar accounts? Or is the bank closing them for some reason?

 

also I should note that they are likely not closing US Dollar accounts. They are using a canadian based account, it's just that the account and therefor your check is payable through a US based bank. 

 

If you look somewhere on the check, it should say 'payable through' and list the financial institution and location.

 

also the routing number on the check will have, I think 9 digits.


Stuck in the process.....

 


#22 edjr

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Posted 17 April 2018 - 06:37 AM

This is why EdEx and DNDL only use paypal 


posty


#23 patweisers44

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Posted 17 April 2018 - 06:42 AM

This is why EdEx and DNDL only use paypal 

never had an issue in either one  :thumbsup:


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#24 vuduchile

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Posted 17 April 2018 - 06:45 AM

This is why EdEx and DNDL only use paypal 


Does this mean youll take my action from now on?

#25 edjr

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Posted 17 April 2018 - 06:52 AM

Does this mean youll take my action from now on?

 

WW asked me to place a bet for him on Bovada. was a 3 team parlay, no way he'll win right? I'll just book it myself.

 

:doh:


posty


#26 vuduchile

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Posted 17 April 2018 - 06:55 AM

 
WW asked me to place a bet for him on Bovada. was a 3 team parlay, no way he'll win right? I'll just book it myself.
 
:doh:


I guess thats a no then. Carry on.

#27 edjr

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Posted 17 April 2018 - 07:01 AM

I guess thats a no then. Carry on.

 

Pat is my backer  ^_^


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#28 WhiteWonder

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Posted 17 April 2018 - 08:49 AM

 
WW asked me to place a bet for him on Bovada. was a 3 team parlay, no way he'll win right? I'll just book it myself.
 
:doh:


It wasn't my biggest win but it was certainly one of the most memorable :D

Stuck in the process.....