As of my knowledge cutoff date in early 2023, Bovada, like most online sportsbooks, generally does not allow you to cancel a bet once it has been placed. When you place a bet, it is considered a binding agreement, and the outcome of the event will determine whether the bet wins or loses.
However, there are a few scenarios where you might be able to cancel or change a bet:
1. **Cash Out Options**: Some sportsbooks, including Bovada, offer a “Cash Out” feature on certain bets. This allows you to settle your bet early for a reduced payout before the event has finished. Whether this option is available and the terms of the cash out can vary depending on the specific bet and the current status of the event.
2. ** Mistakes or Errors**: If there is a clear mistake or error with the bet slip (such as a wrong odds or a mis-click), Bovada’s customer service may be able to assist you in canceling the bet, but this is not guaranteed.
3. **In-Play Betting**: For live betting (in-play betting), there may be opportunities to hedge your bets or place additional bets to mitigate potential losses, but once again, you cannot cancel a live bet that has already been accepted.
If you want to cancel a bet on Bovada, the best course of action is to contact their customer support team as soon as possible. They will be able to inform you of the options available to you based on the specific circumstances of your bet.
Please note that the policies of sportsbooks can change, and it’s always a good idea to check the latest terms and conditions on the Bovada website or contact their support for the most current information.