I am attempting to make a deposit to bovada of $150, with their stated 5.9% fee that comes to $158.85 but when I attempt the deposit, they are trying to charge my card $168.35. I have attempted to contact customer service and so far, their gaslighting me saying they don't change their fees. Has this happened to anyone else?
Bovada Over charging accounts
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ConanSBR MVP
- 09-01-10
- 1178
#1Bovada Over charging accountsTags: None -
Thefix13SBR Wise Guy
- 05-14-21
- 664
#2Chances are you are also paying a foreign transaction fee from your CC providerComment -
OptionalAdministrator
- 06-10-10
- 60698
#3I am attempting to make a deposit to bovada of $150, with their stated 5.9% fee that comes to $158.85 but when I attempt the deposit, they are trying to charge my card $168.35. I have attempted to contact customer service and so far, their gaslighting me saying they don't change their fees. Has this happened to anyone else?
Is there a breakdown on your card statement of the charge/fees?.Comment -
Mr. NBASBR Wise Guy
- 09-08-06
- 524
#6Conan I'd try to avoid CC with any book......but I guess you gotta do what ya gotta do. I personally wouldn't sweat it especially if they are giving you a nice bonus for the deposit. These books (and I don't blame them) do not like messing with CC's. Headaches and more headaches for all involved.Comment -
ConanSBR MVP
- 09-01-10
- 1178
#7Final answer from my bank as the two reps and one supervisor at bovada were unable to tell me, Apparently they "pre-authorize" a larger amount for some reason and then credit you back the difference. why this is how they do things I don't know and we will see if they actually do refund the difference soon.Comment -
JAKEPEAVY21BARRELED IN @ SBR!
- 03-11-11
- 29217
#8CC deposit??
Apparently you are an old soul, Conan...Comment -
OptionalAdministrator
- 06-10-10
- 60698
#9Final answer from my bank as the two reps and one supervisor at bovada were unable to tell me, Apparently they "pre-authorize" a larger amount for some reason and then credit you back the difference. why this is how they do things I don't know and we will see if they actually do refund the difference soon.
They don't "refund" a pre-authorization btw. That amount is like reserved funds until they put a proper charge against it. The balance of those reserved funds should become available again automatically within 1-3 days normally.
And your bank should be able to confirm exactly how much was actually charged v pre-authed. That amount wont be changing or refunded against..Comment -
Seattle SlewSBR Hall of Famer
- 01-02-06
- 7373
#10Yes, happened all the time when I played there. You always get at least $10 over what you expect, even including the 5.9% fee. A while back, they sent an email saying they were upping the CC deposit fee to 9.9% but they never implemented it.
It's not a foreign transaction fee from your CC. I always used a card with no foreign transaction fee and it still overcharged the amount. I asked them once and all I got was BS double talk.Comment -
Seattle SlewSBR Hall of Famer
- 01-02-06
- 7373
#11Final answer from my bank as the two reps and one supervisor at bovada were unable to tell me, Apparently they "pre-authorize" a larger amount for some reason and then credit you back the difference. why this is how they do things I don't know and we will see if they actually do refund the difference soon.Comment -
mjsuax13Moderator
- 03-14-15
- 24808
#12I have not heard anything positive about bovada in a very long time.Comment -
Seattle SlewSBR Hall of Famer
- 01-02-06
- 7373
#13Gave them the boot 6 months ago. The only thing I liked was they are the only shop that counts racing bets toward your rollover. But they ended most bonuses anyways, so even that didn't matter recently.Comment -
ConanSBR MVP
- 09-01-10
- 1178
#14Final answer was Bovada tacked on a couple bucks hoping I wouldn’t notice and when I called them out they denied it and tried to claim it was on my banks end. So I disputed it with my bank and got my $$ back and will no longer use Bovada.Comment -
InsiderHerSBR Sharp
- 12-18-12
- 330
#15I don't get it? You charged back because of $15 charge dispute? Obviously it was an international charge...Bodog support is clueless, but you should never charge back. I bet you put action in as well and lost... Lets hope you get blacklisted from using your card from any sportsbook.Comment
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