Bodog Deposits and Withdrawals
Bodog is a global gambling brand founded two decades ago. Though Bodog has been forced out of the North American market, it is still an industry leader in terms of revenue and membership. Bodog runs an all-in-one betting site, offering a sportsbook and racebook, Web casino, and live poker games to players from all over the world. That laundry list of customers no longer includes players from the United States.
Bodog is a curious case when it comes to payment methods. Betting sites that cater to an international audience tend to offer a long list of deposit and withdrawal methods and provide support for a number of global currencies. That’s not really the case at Bodog. The site has more experience in the industry than almost any other online provider, and the site has a number of things going for it in terms of promotions and game software, but it isn’t very financially accessible.
Bodog’s most popular property is no doubt the poker room, though the sportsbook is well-reviewed and offers good lines and an interesting variety of world sports markets. Bodog uses sport- and game-specific promotions to attract attention from customers all over Europe and Canada. You’ll find a large number of casino games, available sports bets, and an active poker community at Bodog.
You can make a deposit to Bodog (without paying a conversion fee) in the following currencies: British pounds, Canadian dollars, Euros, South African rands, and US dollars. If you think about it, that’s a strange collection of currencies. It’s also a short list for a site that’s seemingly aimed at a variety of European customers. It looks to me like Bodog is really interested in bettors from Canada, but I’m just inferring that. You can, of course, make a deposit in any currency you want, but you’ll have to undergo a currency conversion process, which will cost you the payment of a small fee.
Bodog Deposit Methods
• Visa Credit & Debit Cards: $20 minimum deposit, $500 maximum. No fee.
• eWallet Xpress: $20 minimum deposit, $5,000 maximum. No fee.
• Click2Pay: $20 minimum deposit, $5,000 maximum. No fee.
• Rapid Transfer: $100 minimum deposit, $1,200 maximum. No fees on deposits over $300.
• Bank Wire: Designed for high rollers. $1,000 minimum deposit, $100,000 maximum. No fee.
• MyPaylinQ: $20 minimum deposit, $5,000 maximum. No fee.
Bodog Withdrawal Methods
• Check by Courier: All checks sent by courier are maxed out at $3,000. Anything over $3,000 will be sent in increments of $3,000 every “five to seven business days,” according to the site. I found this in the fine print – “We suggest depositing each cheque you receive as soon as possible as cheques may become non-cashable after a certain period of time.” Checks must be sent to a physical address, not a PO Box. Take note – Bodog won’t deliver to military bases, either.
• Direct Bank Transfer: The minimum amount you can receive via DBT is $20, and the maximum is $3,000. You have to go through a registration process in order to send or receive money via this method, so contact customer service if you’re interested.
Bodog Payment Terms & Conditions
I found a few items of interest while reading through Bodog’s terms and conditions pages:
• Every customer is eligible for one free withdrawal per calendar month. All additional payouts in that month will cost you an extra $40 in processing fees. This is an incentive to lump your withdrawals into a single monthly payout rather than lots of small withdrawals.
• Customers are only allowed to use each available withdrawal method once per week.
• All players are limited to winnings of no more than $100,000 per week, parlay wagers excepted. It’s unclear whether players can petition for an increase in that amount or not – contact customer service for details.
• Bodog is pretty specific about the potential handling time of all payments made via check, stating that check withdrawals (for instance) can take “up to 28 calendar days” for processing and delivery.
• Here’s a scary line buried in the site’s FAQ – “Bodog reserves the right to process large withdrawal requests in the manner that is most appropriate.” That’s not clear at all. I’m not interested in making anything close to a “large withdrawal,” so I’m not worried about it. If you are, contact the site.
• If you let your account go to “dormant” status, Bodog reserves the right to charge a monthly inactivity fee of $100 until activity resumes or the account balance reaches $0. This sounds a lot worse than it really is – for instance, you have to be inactive for eighteen calendar months to trigger the fees, and all fees can be reimbursed at the whim of management. Also, deposits and withdrawals count as activity, so you don’t even have to bet to avoid dormant status.
Bodog is no longer a big dog on the world gaming stage – but what happened to Bodog happened to pretty much every property that was doing business with American customers. The whole industry was shocked. What’s more interesting than Bodog’s loss of the North American market is that they’re still in the game at all.
Though they aren’t one of the more accessible non-US betting sites, they offer a few eWallet promotions and other bonus offers for various deposit methods (at different times of the year) that offer good incentives for bonus chasers. Though the site warns you may have to wait a month or more for a check payout, I recommend you check out Bodog if you enjoy all-in-one gambling sites.