Friday June 1, 2012 : GROWING CONCERNS OVER BOVADA PAYMENT SLOWDOWN
Can players really be expected to wait 35 days or more for payment?
The difficulties with US payment processing notwithstanding, players across several influential internet message boards are voicing growing concerns about the increasingly long payout times at online casino, sports betting and poker operator Bovada.
The slowdown in payment times appears to have started back in December 2011, when players were moved from the Bodog brand to the new Bovada enterprise, which is US-player friendly.
Despite a variety of excuses from Bovada, players are pointing out that several of its rivals are managing to make payments at far more acceptable intervals, raising fears that Bovada's dilatory pay-outs may not be entirely processor-related.
Players note that a 7 day timeframe for payments at Bovada switched to first 15 days, then 21 days, and finally 25 business days (which equates to 35 calendar days), and that even on that schedule the company appears to have difficulty in meeting its obligations to its players.
Information websites have weighed in on the problem, warning their members of the delays they may experience as players at Bovada and giving specific examples of astonishingly long pay-out delays of up to 50 or more days being encountered by some players.
It's not just players that are being affected, either – several sites warn that affiliates are battling to be paid timeously.
In the wake of the Full Tilt and more recent Purple Lounge-Media Corp disasters, players are very sensitive to this sort of bad vibe, and will be watching the situation closely.
In our opinion Bovada is still one of the safest places to gamble online for US players. The Bodog and Bovada brand has never missed a payout. In our current climate these processor issues pop up from time to time.