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For the last 3 days it seems like Overture has ignored this setting and spent upwards of $125 a day and when the balance ran out it didn't stop, just continued to go negative finally going all the way down to -$191 before the ads were automatically taken offline.
I called Overture and they waived the negative balance, but that still doesn't answer the question as to why the daily budget was ignored. Anyone else deal with this?