Hi All,
I know that the site just made major changes to the bonus structure and in reading topics and speaking with others, the players overwhelmingly do not like the new structure at all. I can’t say I’ve read one positive post or had a conversation where anyone has said they like the new structure.
What I am about to propose would be of benefit to the player and to Bovada and I’ll explain that later.
Sportsbook
First Time Crypto Deposit Bonus:
100% First Time Crypto Bonus up to $1,000.
15x Rollover with the max bonus $1,000
Casino
Casino 100% First Time Crypto Bonus
100% First Time Crypto Bonus up to $2,000
30x rollover with max bonus $2,000
This would be for casino games only and the standard casino verbiage as with prior offers. This means that not all games will contribute equally to clearing the bonus and that some games may be excluded such as craps etc… Again the standard casino verbiage.
Now for those that have made Crypto deposits before:
Sportsbook
30% Crypto Reload up to $600
12x Rollover with a max of $600 bonus
Casino
30% Crypto Reload up to $1,200
24x Rollover with a max bonus of $1,200
For all other deposit methods
Sportsbook
First Time Deposit
50% up to $1,000
20x Rollover with a max bonus of $1,000
Casino
First Time Deposit
50% up to $2,000
40X Rollover with a max bonus of $2,000
Reload Bonus
Sportsbook
50% up to $500
15x Rollover with a max bonus of $500
Casino
50% up to $1,000
30x Rollover with max bonus $1,000
This benefits the players in several ways, you know what the deposit bonuses are, they are the same for everyone. There’s no guessing. These bonuses would be allowed as many times as the deposit as long as your balance is under $1. This way you can’t stack bonuses and take a shot at the house. You are either going to clear the play through amount, go broke or somewhere in between.
For Bovada, it continues to push the players to use Crypto as the deposit methods, it cuts down on the potential of chargebacks and above all else keeps your clients happy. Unhappy clients leave and go elsewhere and other books will welcome them with open arms.
As for the requirements of the play through, it would be what is currently the standard for sportsbook and casino bonuses as it is now, there would be no changes on how clearance takes place. This keeps everything on the up and up. Once again it provides clarity for not only the players but the people that have to answer questions whether that is chat support or moderators.
Look forward to feedback from the players before the mods interject anything.
Thanks