6/19/2011 10:59 PM
Online scam sportsbook Creditwagering alleges saleCreditwagering (SBR rating F) players have reported being no-paid $23,230. CW sportsbook surfaced in 2008, initially beginning as a pyramid scheme -- paying the first few rounds of players to lure in more -- before being added to the Sportsbook review blacklist on May 11th, 2009. |
Online scam sportsbook Creditwagering statement
1/20/2011 09:47 AM
Sportsbook Scam Alert - Creditwagering fraud
Creditwagering sportsbook (
sportsbook rating F) burns another player. In November, the player opened his account and began to wager.
Creditwagering extends players $1,000 upfront and requires that they complete a 3X rollover prior to making any withdrawal. If a player is down $400 or more after his first week of playing,
Creditwagering requires that the player settle for that amount in order to resume playing. Players who pay are promised 15% back on their settlement amount. The attractive proposition has lured in many players, some of whom that have no intention to pay should they lose their first $400, and some innocent players that had settled up when they owed. |
Creditwagering Report
1/9/2011 04:23 PM
Creditwagering downgraded from D- to F
1/9/2011 03:06 PM
Scam Alert: Creditwagering Sportsbook downgraded to FCreditwagering Sportsbook (SBR rating F) players have reported fourteen outstanding slow-pay complaints. The most recent of which is a player that contacted SBR stating he asked for a $905 payout on April 1st. In total,
Creditwagering players have reported being slow-paid $22,330.
Creditwagering has had their mark lowered to F on the
SBR Sportsbook Blacklist. |
Creditwagering History
10/22/2010 09:29 AM
Creditwagering slow-pay complaint #13A
Creditwagering (SBR rating D-) player has written in with a payment complaint. He requested a $1,200 withdrawal in July and has yet to receive his funds.
Creditwagering player:
I requested over a $1,200 payout in July and have now received a debit card, but not a cent has been loaded on it. It's now been over 3 months, with them saying that it will process "next week" every time they respond. Please Help..... From a guy who always paid them on time
Creditwagering users have reported 13 slow-pay complaints for a total of $21,425. To date, none have confirmed being paid.
10/18/2010 11:17 AM
Creditwagering claims that payouts are comingCreditwagering (SBR rating D-) has told two players that their payouts would arrive in one week. Player 1 requested a $2000 withdrawal in July. Player 2 asked for $500 on September 27th. Each player was told that they would receive a debit card in the mail that would allow them to withdraw their funds. Players with recent experiences at
Creditwagering are asked to
write to SBR.
Creditwagering History
Creditwagering
was initiated with a D rating in August of 2008 after months of
consistent feedback from users and no confirmed slow-pay complaints. SBR
cautioned players at the time that the
Creditwagering
business model of extending credit without verifying income was a risky
proposition, and that it was unlikely to be a successful operation
long-term. In this
SBRforum post, a player admits being given credit and failing to pay back his ~$1000 debt
.
Creditwagering was downgraded to D- on May 11th after reports of slow-pay surfaced. The last
confirmed CW payout dates back to May 22nd. On July 21st of 2010, a CW manager
stated to an SBR dispute mediator that all payouts would be caught up in August.
9/19/2010 10:35 AM
Creditwagering updateCreditwagering (SBR rating D-) update. A
Creditwagering player has written to SBR stating that he has still yet to receive payment from a June 15th payment request of $1114.46. A second player who SBR
reported asked for a withdrawal of $2000 on July 24th has not confirmed receiving payment. |
Creditwagering report
9/7/2010 07:23 PM
Creditwagering slow-pay complaintA
Creditwagering (SBR rating D-) slow-pay complaint has been reported. On July 24th a player asked for a $2,000 withdrawal and was sent a debit card through the mail. His card has not since been loaded. The player states that
Creditwagering informed him of processor troubles and failed to pay him in the next week as promised. Players in need of assistance with
Creditwagering are urged to
write to SBR.
7/21/2010 11:20 AM
Creditwagering — "All payment issues" to be settled in AugustCreditwagering (SBR rating D-) has issued the following statement to SBR, in response to a slow-pay complaint dating back to April 26th when a player attempted to withdraw his $2100 balance.
Creditwagering:
All payment issues with all customers will be taken care of in August.....
SBR will update this report.
7/15/2010 12:56 PM
Creditwagering slow-pays updateTwo additional
Creditwagering (SBR rating D-) slow-pay complaints were filed with SBR. Player 1 requested $1951 mid-March, and player 2 requested his withdrawal mid-April. Both players state that they were offered to be paid via Moneygram, but have yet to receive any such payments from
Creditwagering. SBR will update this report.
Creditwagering Player: I am owed $915 and can not get a reply email from Creditwagering. The request is 2 months old and initially I was told I'd get a card to withdraw from. That never came so I was told they could do a moneygram and have not since heard from them when I try to contact for a response. I've been on and off with them for 2 years and have gotten paid in the past as well as paid them.
6/24/2010 10:02 AM
Creditwagering addresses slow-pay complaints
Creditwagering (SBR rating D-) tells SBR that all players who filed
sportsbook slow-pay complaints would be paid within 3 weeks. No further information regarding the slow-pays was made available. Five players have submitted
Creditwagering payout complaints totaling $10,559.85 in funds owed.
Creditwagering: All customers will be paid within the next 3
weeks.
6/23/2010 12:40 PM
Creditwagering website off-lineCreditwagering (SBR rating D-) is off-line.
Creditwagering is currently slow-paying 5 payers a total of $10,559.85, the first payout was requested on January 19th. Players have reported being on payment plans to SBR.
6/16/2010 10:05 AM
Creditwagering slow-pays updateTwo new
Creditwagering (SBR rating D-) slow-pays have been reported. Two players requested $400 and $401 respectively on March 18th and March 29th. SBR's last correspondence with
Creditwagering was on June 8th. The longest outstanding
slow-pay complaint is for $6059.85, dating back to January 19th. SBR will update this report.
5/27/2010 10:48 AM
Creditwagering slow-pays: $4,500 owed to 4 playersA
Creditwagering (SBR rating D-) slow-pay complaint has been received. On March 29th a player requested $400 and has yet to receive his funds. This marks the 4th outstanding
Creditwagering slow-pay complaint. Players are owed a total of $4500 with the earliest payment request made on January 9th.
Creditwagering player: Payout of $400 requested on Monday March 29, 2010. Repeat requests since have resulted in consistent responses of server or bank issues and always maybe next week you will recceive payment. I was also told moneygram was an option which is what I prefer anyways but that also never happened. I sent them an email yesterday asking if this week would be the week and still no response. My biggest fear in constantly bothering them is that they do have a copy of my id. Payment still has not been received.
5/22/2010 09:24 AM
Creditwagering slow-pays updateTwo
Creditwagering (SBR rating D-) players have reported payment. The players were the subject of SBR's May 15th
slow-pay report. Player 1 was paid $400 from an April 7th withdrawal request. Player 2 also received a $400 payment.
Creditwagering currently owes three other players a combined $4100. SBR will update this report.
5/15/2010 11:10 AM
Creditwagering slow-pays updateA
Creditwagering (SBR rating D-) slow-pay has been received. On April 7th a player requested a $400 withdrawal. This is the 5th
slow-pay complaint submitted by
Creditwagering players.
Creditwagering owes those players $4900, with the earliest payment request made on January 9th.
Creditwagering has claimed to SBR that two of the players would be paid next week.
5/13/2010 01:13 PM
Creditwagering player reports a $400 slow-payA
Creditwagering (SBR rating D-) player has reported a slow-pay for $400. This is the fourth player that has written in to SBR for
sportsbook dispute assistance. Four players are owed $4500; with the oldest payment requested on January 9th of 2010. SBR will update this report.
Creditwagering player:
I have been on live-chat every week and constantly told the same thing...processors are down BUT I did speak to a representative before that told me Western Union was an option so why not send it to me WU? I sent an email to their cashier with that info but no response. I fear the constant questioning will cause them to close my account or not pay. Any help would be appreciated. My pending amount to withdrawal is 400.00 and terribly enough, I could make another request for another 400. My balance is +$800.
5/11/2010 04:31 PM
Creditwagering downgraded from D to D-
5/11/2010 03:32 PM
Creditwagering payment delays effect players
Creditwagering (SBR rating D-) players have written to SBR for dispute assistance. Three players are being slow-paid a combined $4100 with the earliest payment requested on January 9th 2010. SBR is discussing the complaints with
Creditwagering.
Creditwagering player:
I have a balance of $6,059.85 at Creditwagering. I requested a check payout for $3k on January 19th, 2010. I have not received any payment since then. They have blamed it on processor problems, and promised me
a free MG payout for around $800. But that has not materialized. I have always paid them on time. I have received several payments from them in the past on debit cards or MG. This near three months delay has been the longest. Thank you very much for your help.
4/21/2010 11:54 AM
Creditwagering slow-pay reportedA
Creditwagering (SBR rating D) player has reported a slow-pay. The player requested a $3,000 payout on January 19th, and has yet to receive his funds. The player states that
Creditwagering has attributed the delay to processor problems. SBR will update this report.
Player comments: I have a balance of $6,059.85 at Creditwagering. I requested a check payout for $3k on January 19th, 2010. I have not received any payment since then. They have blamed it on processor problems, and promised me a free MG payout for around $800. But that has not materialized. I have always paid them on time. I have received several payments from them in the past on debit cards or MG. This near three months delay has been the longest.
8/7/2008 07:24 PM
Creditwagering - SBR initiates rating at D
3/14/2008 04:37 PM
SBRforum members discuss new sportsbook, Creditwagering (not rated). Players are advised to use caution with the anonymous
play-now, pay-later sportsbook.