Bovada ends cashback rewards program

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  • Ian
    SBR Hall of Famer
    • 11-09-09
    • 6071

    #1
    Bovada ends cashback rewards program
    The program ends 5/21. Bovada will be "committed to re-investing Cashback dollars into more frequent and diversified deposit and bonus offers."

    It was a nice little perk. I guess this way they avoid giving rewards to winning players and entice losing bettors to send them more $. It sucks to see it go.

  • Ksherm
    SBR MVP
    • 07-13-10
    • 1067

    #2
    Def need more bonuses..
    Comment
    • Crusherrr
      SBR MVP
      • 06-27-16
      • 3649

      #3
      I was mad about it at first. But I get 50% cash bonus up to $250 every week on Bovada and they've been giving me $300 a week free on Ignition that clears with 900 poker points on top of the other bonuses. I also get 15,000 reward points a week on Bovada and $11 tournament ticket on Ignition. I thought it would be an awful change but it's actually significantly better, at least so far.
      Comment
      • pimike
        BARRELED IN @ SBR!
        • 03-23-08
        • 37139

        #4
        Originally posted by Crusherrr
        I was mad about it at first. But I get 50% cash bonus up to $250 every week on Bovada and they've been giving me $300 a week free on Ignition that clears with 900 poker points on top of the other bonuses. I also get 15,000 reward points a week on Bovada and $11 tournament ticket on Ignition. I thought it would be an awful change but it's actually significantly better, at least so far.
        When did you get a cash bonus?
        Comment
        • pokerdevil
          SBR Sharp
          • 04-20-16
          • 433

          #5
          Bonuses suck across the board right now. Feels like it's been this way since 2018
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 61508

            #6
            Originally posted by Crusherrr
            I was mad about it at first. But I get 50% cash bonus up to $250 every week on Bovada and they've been giving me $300 a week free on Ignition that clears with 900 poker points on top of the other bonuses. I also get 15,000 reward points a week on Bovada and $11 tournament ticket on Ignition. I thought it would be an awful change but it's actually significantly better, at least so far.
            Most people do not go and look at and understand the bonus program details like you do.

            Is it this generous for everyone or do you need big turnover to realize this much?
            .
            Comment
            • eaglesfan371
              SBR MVP
              • 01-08-19
              • 4079

              #7
              Originally posted by Optional
              Most people do not go and look at and understand the bonus program details like you do.

              Is it this generous for everyone or do you need big turnover to realize this much?
              Crusher is a very good poker player but also a big gambler. From my understanding he has a very loving relationship with most sportsbooks. He loses a lot in the casino and sportsbook but wins in poker, so everyone is happy.

              Dunno if the poker covers his casino losses but it’s clear from his other posts he is a VIP player. I would expect him to receive quite significant bonuses from books, better than the average Joe receives.
              Comment
              • Crusherrr
                SBR MVP
                • 06-27-16
                • 3649

                #8
                Originally posted by eaglesfan371
                Crusher is a very good poker player but also a big gambler. From my understanding he has a very loving relationship with most sportsbooks. He loses a lot in the casino and sportsbook but wins in poker, so everyone is happy.

                Dunno if the poker covers his casino losses but it’s clear from his other posts he is a VIP player. I would expect him to receive quite significant bonuses from books, better than the average Joe receives.
                Yeah, I had recently lost about $9k on Ignition which is why they were giving me $300 free each week. It could be cleared with 900 poker points which is only $60 in rake. That's nothing. They gave me $300 four weeks in a row so I assumed it was going to continue. After taking them for $7500 last week they only gave me $20 free this week but still give me 50% cash bonuses up to $250 that can be cleared with casino or poker.

                Bovada still giving me 50% cash up to $500 for sports/casino/horses but it's a 10x rollover and 25 free spins (50c each) at some slot with no rollover along with 15,000 rewards points. Ignition is $11 tournament ticket if you deposit $30 or more each week. These offers only just started after ending the cashback rewards so I'm hoping they are here to stay.

                If they keep giving me cash bonuses I'll take them all day at both Bovada and Ignition. It's much better than the 10-15% cash back based on your player level in my eyes. If you were ahead on them you didn't get the cash back anyways.
                Comment
                • vampire assassin
                  SBR Sharp
                  • 03-09-18
                  • 296

                  #9
                  That's too bad. Their math was incorrect for parlays... So you were getting nearly half the juice back on parlays, and they takes tons of CPs.
                  Comment
                  • Crusherrr
                    SBR MVP
                    • 06-27-16
                    • 3649

                    #10
                    Originally posted by vampire assassin
                    That's too bad. Their math was incorrect for parlays... So you were getting nearly half the juice back on parlays, and they takes tons of CPs.
                    Yeah, I guess like anything else. Some people will be happy, others wont be. 50% cash bonus up to $500 on Bovada every week if it continues is an awesome deal though. Can't deny that.
                    Comment
                    • Kazoey
                      SBR Rookie
                      • 01-03-18
                      • 28

                      #11
                      Originally posted by Crusherrr
                      Yeah, I guess like anything else. Some people will be happy, others wont be. 50% cash bonus up to $500 on Bovada every week if it continues is an awesome deal though. Can't deny that.
                      Another big positive is that they are still letting you acrue points while using the cash bonus. Have been using all of it to throw at horse racing and the points are covering the losing days.

                      The old bonuses would not let me earn points while funds were locked.
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61508

                        #12
                        Good info
                        .
                        Comment
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