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PrintWhen Bovada (formerly Bodog) rebranded late last year, existing users were told they wouldn’t experience any changes from the previous site.
Unfortunately, that wasn’t the case.
We received dozens of complaints by email and on the BTB Sports Betting Forum, and some angry customers said they had been forced to wait several months for their payouts.
SportsBook Review, which rates every offshore sportsbook, dropped Bovada from an A rating down to a B-plus in late May until the issues got resolved. Finally, three months later, Bovada seems to have finally caught up.
From SBR:
Bovada Sportsbook has returned to its original rating of A. On May 23rd, SBR downgraded Bovada to B+ after its payout time-frame increased to an average of 30 days in some cases. Bovada worked through its backlog, clearing all outstanding payments and shortened the payout window to 5-10 business days.
It’s worth noting that the volume of complaints we have received has trimmed considerably since May and June, when readers would regularly express outrage over being slow paid.
Still, it might be best to take a wait-and-see approach, particularly now that football season is forthcoming (i.e., increased volume.)
We reached out to a Bovada rep on Sunday and was told that payout options hadn’t changed.
