Butt f.....ed by bovada

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  • mdunlap3
    SBR MVP
    • 02-18-13
    • 1847

    #106
    Bookmaker is the way to go...everyone knows that. They’re the best.
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 60760

      #107
      Originally posted by ans61201
      Like my original point, he means well, but definitely Sticks to his guns in disputes. Not going to get anywhere. You got your $ hopefully they change the bonehead rule but I doubt it because for everyone of you, there’s 10 more that take it on the chin
      I say I am wrong when I believe it.

      But I still think I have the logic right on this one. And no one has offered up a logical point to change my mind.


      If the book changed the rule, they should also change the odds. Leaving no real change in the overall outcomes anyway.
      .
      Comment
      • eaglesfan371
        SBR MVP
        • 01-08-19
        • 4079

        #108
        Originally posted by Optional
        I say I am wrong when I believe it.

        But I still think I have the logic right on this one. And no one has offered up a logical point to change my mind.


        If the book changed the rule, they should also change the odds. Leaving no real change in the overall outcomes anyway.
        While I do agree with everyone that this rule of no action sides results in a freeroll for the book and thus somewhat unethical, before passing judgment, I would compare odds of this "heartbreak teaser" or whatever its called. If the industry pays the similar to bovada and does not have this freeroll allowing rule, then I would say Bovada is clearly wrong.

        If several books have say +200 payouts on 5 team heartbreak teaser and bovada is +240, then okay the rule has some value that they are compensating the player for, for the freeroll risk.
        Comment
        • JIBBBY
          SBR Aristocracy
          • 12-10-09
          • 83691

          #109
          Originally posted by mdunlap3
          Bookmaker is the way to go...everyone knows that. They’re the best.
          Crap for props.. Disagree.. On BMaker and DSI forever. Not impressed with US sports prop play selections on all sports.. Those books fall short..

          They do pay out though, no problems ever..
          Comment
          • eaglesfan371
            SBR MVP
            • 01-08-19
            • 4079

            #110
            Originally posted by Optional
            I say I am wrong when I believe it.

            But I still think I have the logic right on this one. And no one has offered up a logical point to change my mind.


            If the book changed the rule, they should also change the odds. Leaving no real change in the overall outcomes anyway.
            This isn't the first time Bovada has been called out unethical in its payouts though. There was a thread on how Bovada rounds to the nearest quarter in its casino games. Thus, for Baccarat bets, they are taking a ~15% house edge for $1 bet instead of industry standard of 1.4%.

            Point is, people can claim all these "is it written in rules?" but ultimately if the industry standard is one way and a player has to track down some strange rule for a one off book that screws over the player, written in some rule in 100+ rules, that isn't right. Does he legally have a case? No. However, something does not have to be illegal to be unethical.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 60760

              #111
              Originally posted by eaglesfan371
              This isn't the first time Bovada has been called out unethical in its payouts though. There was a thread on how Bovada rounds to the nearest quarter in its casino games. Thus, for Baccarat bets, they are taking a ~15% house edge for $1 bet instead of industry standard of 1.4%.

              Point is, people can claim all these "is it written in rules?" but ultimately if the industry standard is one way and a player has to track down some strange rule for a one off book that screws over the player, written in some rule in 100+ rules, that isn't right. Does he legally have a case? No. However, something does not have to be illegal to be unethical.
              5Dimes has the same Teaser rule. They payout down to 2 legs on these instead of 4 minimum, but the same as Bovada if postponed/cancelled games take it down to 1 leg, "If a two-team teaser has a tie and a loser, the teaser loses."

              At Bookmaker.eu it says "A tie plus a loss is a loss. A tie plus a win is NO ACTION"

              It's the same at Betonline. If cancels reduce it to a 1 team teaser, then that game must win for a No Action grade.


              Bovada does require 4 live legs instead of 2 like 5Dimes and BM on these 13 pointers, but it's exactly the same logic on how to grade No Action or not once the bet ends up under the minimum number of legs.
              .
              Comment
              • LT Profits
                SBR Aristocracy
                • 10-27-06
                • 90963

                #112
                Originally posted by Optional
                5Dimes has the same Teaser rule. They payout down to 2 legs on these instead of 4 minimum, but the same as Bovada if postponed/cancelled games take it down to 1 leg, "If a two-team teaser has a tie and a loser, the teaser loses."

                At Bookmaker.eu it says "A tie plus a loss is a loss. A tie plus a win is NO ACTION"

                It's the same at Betonline. If cancels reduce it to a 1 team teaser, then that game must win for a No Action grade.


                Bovada does require 4 live legs instead of 2 like 5Dimes and BM on these 13 pointers, but it's exactly the same logic on how to grade No Action or not once the bet ends up under the minimum number of legs.
                Heritage is one of the few books that grades teasers "right".

                ...on a two team teaser if one team ties the wager is a "push" regardless if the other team wins or loses.
                Comment
                • LT Profits
                  SBR Aristocracy
                  • 10-27-06
                  • 90963

                  #113
                  Originally posted by LT Profits
                  Heritage is one of the few books that grades teasers "right".

                  ...on a two team teaser if one team ties the wager is a "push" regardless if the other team wins or loses.
                  This is the way it SHOULD be but one online book instituted the freeroll option (I am not sure which book was first) and others just copied it.
                  Comment
                  • TheMoneyShot
                    BARRELED IN @ SBR!
                    • 02-14-07
                    • 28672

                    #114
                    Originally posted by LT Profits
                    Heritage is one of the few books that grades teasers "right".

                    ...on a two team teaser if one team ties the wager is a "push" regardless if the other team wins or loses.
                    Wow. I never heard that before. I always thought if 1 team loses... and 1 pushes... it's considered a LOSS. Damn... if Heritage grades it as a PUSH... that's remarkable.
                    Comment
                    • LT Profits
                      SBR Aristocracy
                      • 10-27-06
                      • 90963

                      #115
                      What I do not see specifically addressed in Heritage teaser rules is what happens when a teaser reduces to fewer teams required for that particular teaser, but if Heritage is consistent, my educated guess (granted unconfirmed) is it would also be a Push regardless of other results, just like their two-team rule.
                      Comment
                      • LT Profits
                        SBR Aristocracy
                        • 10-27-06
                        • 90963

                        #116
                        Originally posted by TheMoneyShot
                        Wow. I never heard that before. I always thought if 1 team loses... and 1 pushes... it's considered a LOSS. Damn... if Heritage grades it as a PUSH... that's remarkable.
                        Actually this was the rule my locals used back in the day, so it could very well be the Vegas standard (although not 100% sure, maybe KVB could chime in). As I said, one online book modified the rule and many of the sheep copied.

                        And it makes sense, if one game pushes or gets no actioned, why should the book get a freeroll on the other play (or plays plural of it is monster teaser)?
                        Comment
                        • TheMoneyShot
                          BARRELED IN @ SBR!
                          • 02-14-07
                          • 28672

                          #117
                          Originally posted by LT Profits
                          Actually this was the rule my locals used back in the day, so it could very well be the Vegas standard (although not 100% sure, maybe KVB could chime in). As I said, one online book modified the rule and many of the sheep copied.

                          And it makes sense, if one game pushes or gets no actioned, why should the book get a freeroll on the other play (or plays plural of it is monster teaser)?
                          I agree with what you're saying about a book shouldn't be allowed to freeroll you. I remember doing a parlay and a teaser years ago... possibly with 5Dimes... both times... 1 wager had no action... and I had a Loss with the other selections. Both times... entire ticket graded as a LOSS.. not a PUSH.
                          Comment
                          • LT Profits
                            SBR Aristocracy
                            • 10-27-06
                            • 90963

                            #118
                            PINNACLE also grades Teasers correctly!


                            In NFL and College Football, a two-team teaser resulting in Tie/Win, Tie/Loss or Tie/Tie is considered a push and all money is refunded.
                            Comment
                            • LT Profits
                              SBR Aristocracy
                              • 10-27-06
                              • 90963

                              #119
                              Yes, VEGAS Standard is as I described!




                              5. TEASER BETS ARE GOVERNED BY THE SAME RULES AS PARLAY BETS. THE ONLY EXCEPTION IS THE TWO TEAM TEASER. IF ONE OF THE GAMES RESULT IN A BETTING TIE, THERE IS NO ACTION AND THE WAGER WILL BE REFUNDED.
                              Comment
                              • LANCYHOWARD
                                SBR Hustler
                                • 01-03-19
                                • 55

                                #120
                                Originally posted by LT Profits
                                This is the way it SHOULD be but one online book instituted the freeroll option (I am not sure which book was first) and others just copied it.
                                My point from 1st post.
                                Comment
                                • TheMoneyShot
                                  BARRELED IN @ SBR!
                                  • 02-14-07
                                  • 28672

                                  #121
                                  So, Heritage is the ONLY BOOK that grades teasers properly???
                                  Comment
                                  • eaglesfan371
                                    SBR MVP
                                    • 01-08-19
                                    • 4079

                                    #122
                                    Originally posted by Optional
                                    5Dimes has the same Teaser rule. They payout down to 2 legs on these instead of 4 minimum, but the same as Bovada if postponed/cancelled games take it down to 1 leg, "If a two-team teaser has a tie and a loser, the teaser loses."

                                    At Bookmaker.eu it says "A tie plus a loss is a loss. A tie plus a win is NO ACTION"

                                    It's the same at Betonline. If cancels reduce it to a 1 team teaser, then that game must win for a No Action grade.


                                    Bovada does require 4 live legs instead of 2 like 5Dimes and BM on these 13 pointers, but it's exactly the same logic on how to grade No Action or not once the bet ends up under the minimum number of legs.
                                    I am aware of the 2 team teaser rule at some books. This again isn't right but at least its only one team, whereas this Bovada teaser can require up to 3 teams needing to cover just to push, which is an even worse freeroll.

                                    I forget where, I'm thinking Delaware, but somewhere I saw they paid 1 team teaser, if reduced down to 1, at like -250 or something. To be ethically fair, unless the payout is heightened compared to industry, a no action play, should always result in a push unless the win pays out at -250 or whatever and the loss loses. Otherwise, customer is freerolled. Whether stated in rules or not, this is ultimately the situation, a situation where the customer is freerolled, which I would argue is not ethical.
                                    Comment
                                    • Optional
                                      Administrator
                                      • 06-10-10
                                      • 60760

                                      #123
                                      Originally posted by eaglesfan371
                                      I am aware of the 2 team teaser rule at some books. This again isn't right but at least its only one team, whereas this Bovada teaser can require up to 3 teams needing to cover just to push, which is an even worse freeroll.

                                      I forget where, I'm thinking Delaware, but somewhere I saw they paid 1 team teaser, if reduced down to 1, at like -250 or something. To be ethically fair, unless the payout is heightened compared to industry, a no action play, should always result in a push unless the win pays out at -250 or whatever and the loss loses. Otherwise, customer is freerolled. Whether stated in rules or not, this is ultimately the situation, a situation where the customer is freerolled, which I would argue is not ethical.
                                      I guess I can see that argument. Not sure you can go as far as calling it unethical though if it's priced into the odds.

                                      At 5Dimes they do offer the Vegas version teaser too, but you have to select a Bonus program that prices that option in;

                                      "You may have your account set up for Vegas Teaser Rules (a tie and a loser = a TIE) by choosing the Point Buying Reward program."


                                      Anyway, I have at least come around to agreeing that the OPs bet, with 3 legs that had to win to get a No Action, is a bit rough on the player in this situation. And am happy to see that he got his money.
                                      .
                                      Comment
                                      • LT Profits
                                        SBR Aristocracy
                                        • 10-27-06
                                        • 90963

                                        #124
                                        Originally posted by TheMoneyShot
                                        So, Heritage is the ONLY BOOK that grades teasers properly???
                                        And Pinnacle. There are probably others.
                                        Comment
                                        • LT Profits
                                          SBR Aristocracy
                                          • 10-27-06
                                          • 90963

                                          #125
                                          And by "properly", I mean defer to Vegas Standard.
                                          Comment
                                          • thomorino
                                            Restricted User
                                            • 06-01-17
                                            • 45842

                                            #126
                                            Originally posted by Optional

                                            I say I am wrong when I believe it.

                                            But I still think I have the logic right on this one. And no one has offered up a logical point to change my mind.


                                            If the book changed the rule, they should also change the odds. Leaving no real change in the overall outcomes anyway.
                                            Bad argument. The odds on Bovada's teasers are the same as other books, including heritage, they just aren't graded properly in certain out comes
                                            Comment
                                            • hawkeye 16
                                              SBR MVP
                                              • 09-07-17
                                              • 3553

                                              #127
                                              Glad you got your bet back. Maybe I'm missing something, but shouldn't the fact that the game was rained out mean something. I don't like the freeroll part either way, but to me there is a difference between a game that was never played and a push. With a push, at least you had a chance to win. If the game isn't played you have no chance at all.
                                              Comment
                                              • LANCYHOWARD
                                                SBR Hustler
                                                • 01-03-19
                                                • 55

                                                #128
                                                Originally posted by hawkeye 16
                                                Glad you got your bet back. Maybe I'm missing something, but shouldn't the fact that the game was rained out mean something. I don't like the freeroll part either way, but to me there is a difference between a game that was never played and a push. With a push, at least you had a chance to win. If the game isn't played you have no chance at all.
                                                That's the whole point.
                                                Comment
                                                • LT Profits
                                                  SBR Aristocracy
                                                  • 10-27-06
                                                  • 90963

                                                  #129
                                                  Originally posted by hawkeye 16
                                                  Glad you got your bet back. Maybe I'm missing something, but shouldn't the fact that the game was rained out mean something. I don't like the freeroll part either way, but to me there is a difference between a game that was never played and a push. With a push, at least you had a chance to win. If the game isn't played you have no chance at all.
                                                  Under Vegas Standard, Push and No Action are handled the same way (Push entire teaser).
                                                  Comment
                                                  • pavyracer
                                                    SBR Aristocracy
                                                    • 04-12-07
                                                    • 82489

                                                    #130
                                                    What if the rained out game was the last leg of the teaser and the previous 3 legs won? Would the OP start a thread that the book screwed him because they have refunded his bet?

                                                    Comment
                                                    • LANCYHOWARD
                                                      SBR Hustler
                                                      • 01-03-19
                                                      • 55

                                                      #131
                                                      Originally posted by pavyracer
                                                      What if the rained out game was the last leg of the teaser and the previous 3 legs won? Would the OP start a thread that the book screwed him because they have refunded his bet?

                                                      Seems like a dumb question but I'll answer it. I'd probably be disappointed after having 3 legs in, but, if that happened I would just EXPECT my money back. (knowing that a 13 pt teaser cannot be reduced). I would just figure it was no-bet for both of us. That's been my point all along. No different than betting over in a baseball game, going over and then raining out. No Bet!
                                                      Bad luck!
                                                      Comment
                                                      • swordsandtequila
                                                        SBR Hall of Famer
                                                        • 02-23-12
                                                        • 9756

                                                        #132
                                                        Originally posted by pavyracer
                                                        What if the rained out game was the last leg of the teaser and the previous 3 legs won? Would the OP start a thread that the book screwed him because they have refunded his bet?

                                                        Comment
                                                        • LANCYHOWARD
                                                          SBR Hustler
                                                          • 01-03-19
                                                          • 55

                                                          #133
                                                          Originally posted by swordsandtequila
                                                          LOL
                                                          Comment
                                                          • Optional
                                                            Administrator
                                                            • 06-10-10
                                                            • 60760

                                                            #134
                                                            Originally posted by pavyracer
                                                            What if the rained out game was the last leg of the teaser and the previous 3 legs won? Would the OP start a thread that the book screwed him because they have refunded his bet?

                                                            hehe.

                                                            Well you know with anyone who refuses to read or accept any rules not being the way he assumes they should be, of course we would also have a thread about how he was "butt f----ed" in that scenario too
                                                            .
                                                            Comment
                                                            • LANCYHOWARD
                                                              SBR Hustler
                                                              • 01-03-19
                                                              • 55

                                                              #135
                                                              Originally posted by Optional
                                                              hehe.

                                                              Well you know with anyone who refuses to read or accept any rules not being the way he assumes they should be, of course we would also have a thread about how he was "butt f----ed" in that scenario too
                                                              WOW
                                                              Comment
                                                              • LANCYHOWARD
                                                                SBR Hustler
                                                                • 01-03-19
                                                                • 55

                                                                #136
                                                                Originally posted by Optional
                                                                hehe.

                                                                Well you know with anyone who refuses to read or accept any rules not being the way he assumes they should be, of course we would also have a thread about how he was "butt f----ed" in that scenario too
                                                                After 134 posts it's almost like we're back where we started!
                                                                Comment
                                                                • LANCYHOWARD
                                                                  SBR Hustler
                                                                  • 01-03-19
                                                                  • 55

                                                                  #137
                                                                  If you bet at Bovada and had a 6 pt teaser with the saints, and any play in next game, YOU'RE BEING FREE-ROLLED.
                                                                  Comment
                                                                  • allabout the $$$
                                                                    SBR Hall of Famer
                                                                    • 04-17-10
                                                                    • 9837

                                                                    #138
                                                                    Originally posted by LANCYHOWARD
                                                                    If you bet at Bovada and had a 6 pt teaser with the saints, and any play in next game, YOU'RE BEING FREE-ROLLED.
                                                                    if you know this after the last episode and you still play there this is your fault.
                                                                    Comment
                                                                    • LANCYHOWARD
                                                                      SBR Hustler
                                                                      • 01-03-19
                                                                      • 55

                                                                      #139
                                                                      Originally posted by allabout the $$$
                                                                      if you know this after the last episode and you still play there this is your fault.
                                                                      agree
                                                                      Comment
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