Paul
This is still muddy water.
This leaves the door open under the TOS for Bovoda to do what whatever they feel like doing.
Hedging SHOULD NEVER be considered what so ever to be deceitful or fraudulent in any shape form or fashion.
Playing both sides of a game to rollover bonus is certainty, in my book, shady amd should reflect the TOS.
What happen to this place? What a joke
The consistent ambiguity and contradiction in responses from agents, supervisors, mods isnāt surprising.
Pretty clear that they have this rule in place as a safeguard against big wins, just like the 50% limitations on wagers for bonuses. They donāt enforce it but need to have it listed as a way to snake out of situations that would hurt their bottom line.
I stick up for Bovada often but I sadly feel you are correct here. I am sure these rules are not in-forced on 95% of accounts. But when a big win happens, they absolutely take a look at your account to see if any of the TOS have been violated.
I am speaking from experience here as my father actually had bonuses limited on his account after a 30K parlay win. He was hit with ābonus abuseā. They luckily let him keep the win, but he was no longer able to get bonuses or use match bonuses again and was warned that his account would be shut down if he did it again.
After digging, we learned that this was the result of him betting his whole deposit + bonus at once (ie. $100 bitcoin deposit, 50% match, total funds available $150). He would often make a deposit, use the weekly match, and then bet the full amount on a parlay.
Well, come to find out, TOS say you can only bet 50% of your deposit amount on a bet if there is a bonus tied to it. So in this case, him betting the full $150 is in violation, and according to TOS, a user is only eligible to bet 50% of the deposited amount. So in the case above, he is limited to betting no more than $50 at a time until the rollover is met.
Thatās one of those scenarios where I believe people often are betting the full deposit + bonus at once, but it will rarely come up unless you win. It sucks, but it got me to read the full TOS front and back so that I know what not to do going forward in the event I win big lol.