This will be a popular request for the players but not the house.
This is something I’ve kicked around for years and while I know why it’s done, it’s time to make a change industry wide.
I’m going to keep the example easy.
100% Deposit Bonus up to $100 with Rollover Requirements: 5X Sports/5X Horses/30X Casino
You deposit $100 and you receive a $100 Bonus.
Your account will look like such:
Available to withdraw: $ 100
Bonus Funds: $ 100
Locked Funds: $100
Here’s the rub in order to unlock your bonus funds you have to wager $1,000 in Sports or Horses or $6,000* in casino action based on slot play alone. * games like black jack and similar games contribute less so you will need to have more than $6,000 in play.
You’re sitting there going but I only received a $100 bonus and it states 5x or 30x but yet my numbers are 10x and 60X based on my bonus.
The reason for this is, the system includes your $100 deposit thus counting your bonus as $100 +$100 for a total of $200.
This practice has been in place from the beginning of offshore wagering.
Now we are in a different time at least in the USA of which the majority of offshore wagering takes place. There are reports all over the place that validate this statement.
In the USA you now have a majority of the states have some form of legal sportsbetting. These legal outfits give bonuses and yet there’s no rollover except the 1x you use the bonus and that’s even if you win.
Bovada as one of the offshore leaders in terms of sportsbook should be a trail blazer and drop the ridiculous requirement of a double rollover.
The only current requirement of any deposit without a bonus is that you have to rollover the deposit or put your money in play 1x, so why is it that when you get a bonus that changes for the deposit amount?
You are in essence penalizing the player for taking a deposit bonus of which the house offered to entice them to make a deposit to begin with.
It’s 2022 not 2002 and the industry has evolved but not in this area.
So what I’m proposing based on my example:
100% Deposit Bonus Up to $100 you can keep the same roll over requirements however the rollover is $500 and $3,000 to unlock the bonus funds.
Don’t tax the deposit with an additional requirement outside of the 1x rollover which is the standard for non bonus.
Be a trailblazer and make 2022 the year of Bovada…