Sportsbook news results for the search term: wsex
04.19.2013 (01:01 PM CST)WSEX Sportsbook (SBR rating F) has finally turned out the lights. The scam sportsbook owes more than $1 million to players. More than 250 players have filed complaints against WSEX with SBR. The once well-regarded company released a brief statement that read more tongue-in-cheek than a sincere acknowledgement of their failures as a business and theft of players.
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04.09.2013 (05:04 PM CST)WSEX (SBR rating F) is not offering betting lines on any market and its live help application is off-line. The WSEX phones are operational however an automated message indicates the hold time is 125 minutes. An SBR analyst is presently attempting to connect with WSEX support. SBR will update this report as more information becomes available.
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03.21.2013 (06:47 PM CST)A WSEX Sportsbook (SBR rating F) victim has filed a complaint with SBR. The player has a balance of $3,000 with the no-pay sportsbook and has given up hope on ever being paid. Like many others, he has waited for over three years. WSEX support continues to cycle through their littany of excuses blaming processors and government agencies for their failure to honor their obligations.
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02.27.2013 (10:33 PM CST)WSEX Sportsbook (SBR rating F) continues to operate despite being unable to pay its players. A player owed $1,500 wrote in to SBR seemingly unaware that the sportsbook has been running on fumes since 2010. WSEX is no longer making an effort to pay players but has not ceased marketing to new clients or designing bonus programs to solicit more deposits.
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10.30.2012 (04:12 PM CST)SBR news anchor Natalie Rydström and dispute mediator Justin7 deliver an SBR Industry News update for Tuesday, October 30th, 2012. In today's show recent topics from the SportsbookReview newswire are discussed, as well as the latest scam alert issued on WSEX Sportsbook (SBR rating F).
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10.27.2012 (06:20 PM CST)WSEX Sportsbook (SBR rating F) players have reported being owed $916,053. The sportsbook is continuing to market to unsuspecting player, sending bonus offers and providing no information on their financial situation, hoping to bring in new business. WSEX players are being provided no updates on their funds, and WSEX is refusing comment to SportsbookReview.com.
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10.09.2012 (07:28 PM CST)WSEX Sportsbook (SBR rating F) players are owed $916,053. The WSEX users all report a similar story: they are told that processing is made difficult by banking regulations, and that payouts are delayed as a result. WSEX representatives are unwilling to speak with SportsbookReview. WSEX is listed in the SBR scam sportsbook blacklist.
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06.12.2012 (06:22 PM CST)SBR newswoman Natalie provides a sportsbook industry news update. Natalie is joined by dispute analyst and legal expert Justin7. Discussed in today's video is the IBAS ruling in a Spanish Grand Prix racing dispute against PaddyPower, WSEX Sportsbook payment issues, as well as news from Bet770 and BetCity.
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06.11.2012 (06:02 PM CST)WSEX Sportsbook (SBR rating F) players have filed $20,000 in new payment complaints since SBR's last update. The players are being given generic updates from World Sports Exchange, and have been waiting for up to one year. In total, WSEX players are owed $845,316 from as early as the fall of 2009. WSEX is no longer willing to discuss cases with SBR.
05.17.2012 (07:22 PM CST)WSEX downgraded from D- to F
05.17.2012 (03:05 PM CST)WSEX Sportsbook has been downgraded to F. WSEX has been in the sportsbook blacklist with a rating of D- since January 11th, 2011. Despite a few token payments made this year, it has become clear that there is little hope for victims to recover a documented $825,744 in funds. SBR receives new reports of WSEX players who are not being paid each week.
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05.09.2012 (07:43 PM CST)WSEX Sportsbook (SBR rating D-) players have reported being owed $825,744. SBR currently has 157 payment complaints on file. WSEX Sportsbook has ceased discussing player cases with SBR. WSEX provides generic updates to players, mostly pinning the blame on failed processors and the US banking climate. The once well-regarded outfit is currently rated D- and sits on the SBR sportsbook blacklist. Players are advised to avoid depositing with the sportsbook.
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02.25.2012 (02:22 PM CST)
A WSEX (SBR rating D-) player reports payment. The player received a $600 payout on February 18th, 2012. The player was waiting for his funds since December of 2010. He tells SBR that the payment has successfully cleared his bank. SBR has removed the player's name from the list of WSEX players owed.
On January 24th, SBR reported a WSEX Sportsbook statement regarding the payment delays. WSEX blamed the extreme delays on US banking laws. WSEX claimed that the financial backlog was expected to be completed by September 2012. The last major surge of WSEX payments occurred in the fall of 2010, when players reported receiving $124,617.
SBR has 137 WSEX withdrawal complaints on file. Players have reported being owed $760,854. WSEX management is no longer communicating with SBR.
Players in need of wsex sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
01.24.2012 (04:26 PM CST)
WSEX (SBR rating D-) Sportsbook released the following statement concerning the $700,000+ in funds owed to players:
[quote]WSEX Sportsbook: I understand you would like to receive your outstanding payments in a swift manner. However, as I have been explaining to all clients, due to the losses we encountered, payments will be done partially for a few more months. Clients who deposited funds with us in the past were all lost due to new gaming /banking laws in the US. It is now our responsibility to bounce back from these losses and pay our clients. We have dedicated staff at World Sports for 10 years and over. Regardless of the fact that you do not receive a withdrawal every month, you will receive something from us not exceeding 3 months. I will keep your name noted to receive a withdrawal by February 2012 for at least a portion of your request. This will be right after the super bowl. We will have a remainder for March, April and so forth. I do anticipate this back log to be completed by the new season of September 2012.[/quote]
WSEX continues to shift blame for their financial troubles on US banking laws. The sportsbook has withdrawn itself from discussions with SBR. SBR has reports from 129 users owed $747,802. The average amount owed each player is $5,842. Players have been waiting for their funds since as early as October of 2009, making the sportsbook's claim that clients will not wait longer than three months both irresponsible and inaccurate. The last major surge of WSEX payments came in the fall of 2010, when SBR reported that $124,617 was paid.
Players in need of WSEX sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
01.10.2012 (10:02 AM CST)
Three WSEX (SBR rating D-) players report payment. Two players received partial payments ($500 toward $1,100, $700 toward $8,000) from requests made in January and August 2011 respectively. A third player confirmed receivement payment in full ($244) on a payout request dated 8 February 2011.
[Quote]WSEX player: I wanted to report that after almost one year, WSEX finally paid me the $244 they owed me yesterday by {P2P method}. So, maybe there's hope for the others who are still owed money. [/quote]
WSEX is still blaming processors and the US banking climate for the extreme delays. The following generic statement was provided to a player that's been waiting since April 2011 for $1,979:
WSEX Sportsbook: "We acknowledge that in a previous conversation, either verbally or written, you were promised every effort to have your entire or part of your withdrawal shipped to you by ending of the year. While the lack of processing companies and US corresponding banks continue to be the dominant factors for our delayed processing, we will continue through out the next few months to accomplish all the clients who were not addressed during the past couple of months.
Every month commencing January 2012, a maximum value of checks as specified by our financial personnel, will be processed. Once a payment is completed for you, an email notification will be sent, allowing you sufficient time to make arrangements for the courier delivery. At this time, I wish to thank you for your continued correspondence and the patience you have extended throughout these challenging times. Our customer support will always be available to address any further queries. Again, I cannot apologize enough for the continued delays and the grave inconvenience caused to you."
WSEX is currently slow-paying 123 players $738,852. The longest outstanding request was made in October of 2009.
Players in need of wsex sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
01.05.2012 (09:16 AM CST)
Five new WSEX complaints have been submitted. WSEX, the D- rated sportsbook that SBR reported owes more than 110 players, is no longer communicating with SBR. WSEX' debt to players is $658,578. WSEX gives only generic updates to players shifting blame onto payment processors for the extreme delays. The debts are as old as October of 2009. The disgraced sportsbook's last major effort to pay players came in the fall of 2010, when SBR reported that $124,617 was paid to players. The WSEX debt has more than quadrupled since. 115 players have outstanding sportsbook complaints against the blacklisted gaming company.
Players in need of WSEX sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
12.23.2011 (11:01 PM CST)
Four new WSEX (SBR rating D-) slow-pay complaints have been filed. The WSEX player debt has now surpassed $653,0000. In SBR's last report, WSEX was continuing to provide generic updates with promises of making good. The disgraced sportsbook has pinned the blame on processors rather than accepted responsibility for the ongoing payout blunders. WSEX management has again withdrawn from regular updates with SBR dispute analysts. SBR asks all sportsbook players that have not done so to write to help@sportsbookreview.com.
[quote]WSEX Sportsbook to player: Thank you for your query and again I apologize for any delays in correspondence. We are continuing payments to clients during this month. I will most definitely do my best to have your payment out by Christmas. Unfortunately, to clear up this back log, which existed for over a year now; will take into February 2012 for some clients. The lost of major accounts and lack of new processing companies continue to be the major contributing factor for this ongoing delay. Again, I understand the inconvenience caused to you and sincerely apologize for this extensive delay.[/quote]
12.06.2011 (06:29 PM CST)
WSEX Sportsbook (SBR rating D-) players report being slow-paid $643,052. 106 players have filed sportsbook complaint forms through SBR indicating that they have not received their funds. The outstanding requests date as far back as October of 2009. A WSEX manager communicated with SBR on November 16th, stating that the company would attempt to work through the spreadsheet to provide updates on when players can expect to receive partial and full payments. SBR has thus far not received an updated list from WSEX.
WSEX continues to attempt to solicit new clients whilst the majority of their players wait for payment. New account signups are not apprised of the ongoing slow payments. WSEX provides generic updates to customers with outstanding requests by conceding that there is a back log of requests to fill.
The last surge of WSEX payouts came in October of 2010 when players reported receiving $124,617.
[quote]WSEX to player: Firstly, we will like to express our sincerest apologies regarding your delayed payment. We have been working through a back log of request since the beginning of this year, and really do appreciate you as a customer.[/quote]
Players in need of WSEX sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
11.26.2011 (02:52 PM CST)
Four new WSEX Sportsbook (SBR rating D-) slow-pay complaints have been reported. Player one requested $9,000 in November of 2010 and has received generic replies off and on describing processor problems. Players two-four requested $3000, $650 and $400 respectively in September of 2011. A WSEX manager told SBR ten days ago that she was in receipt of the latest spreadsheet of player complaints filed through SBR, and that an update would be provided. The sportsbook failed to deliver.
The last major surge of WSEX payouts was reported by SBR in October of 2010. WSEX players were paid $124,617 during the meat of the 2010 football season. Most recently, a player that requested $1,800 on November 29th, 2010 reported receiving payment in full. The player was included in the SportsbookReview.com spreadsheet of WSEX players owed. On November 9th, SBR reported that a player owed $60,000 received a $6,000 payment toward his outstanding balance, and that another player confirmed being paid $2,000.
Players in need of wsex sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
11.16.2011 (08:50 AM CST)
Five new WSEX (SBR rating D-) payout complaints have been reported.
Player one requested a $530 withdrawal on July 4th, 2011. Player two requested $5,000 in March of 2011. Players three and four requested $500 and $1100 in April and August of 2011 respectively. Player five requested $1,600 in April of 2011. WSEX acknowledged one of the players by stating that progress is being made in scheduling payments for their backlog of delinquent requests. WSEX confirmed that not all requests could be paid at once and again pinned the blame on processor challenges instead of a lack of a liquidity. Ninety-three players report being owed a total of $610,990, with outstanding requests dating as far back as October of 2009.
SBR followed up with WSEX again to resend the list of players owed and was told by a manager that the list would be reviewed by this weekend.
Recent WSEX payouts
A WSEX player that requested $1,800 on November 29th, 2010 reports receiving payment in full. The player was one of the names on the SportsbookReview.com WSEX list. On November 9th, SBR reported that a player owed $60,000 received a $6,000 payment toward his outstanding balance. A second player received $2,000.
The last surge of WSEX Sportsbook payouts was reported by SBR in October of 2010; these WSEX players were paid $124,617 during the heart of the football season.
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11.09.2011 (11:28 AM CST)
A WSEX Sportsbook (SBR rating D-) player awaiting $60,000 since 2010 has reported receiving $6,000 of his outstanding balance in the last two months. This is the second WSEX Sportsbook payment confirmed this week. On November 2nd, SBR reported that a WSEX player received $2,000.
Since SBR's last report, SBR has discussed the WSEX slow-payments with a member of management. SBR was told that WSEX intends to begin paying portions to larger balances with the intent to settle the remaining balances at a later date. WSEX stated that a spreadsheet was maintained with a list of payment obligations. SBR provided WSEX with a list of updated player complaints this afternoon.
In SBR's latest WSEX report it was stated that the sportsbook told players processing would pickup in the next few weeks - those statements are consistent with what SBR learned from WSEX management. Many WSEX players were hoping that the sportsbook would begin the 2011 football campaign as it did last year when SBR reported that $124,617 in payments were made. WSEX likely turned a slower profit in the previous quarter enabling them to begin releasing portions of funds to players.
Eighty-eight WSEX players are awaiting $604,060 in payments. SBR will update this report as more information becomes available. WSEX players with payout complaints are asked to submit a sportsbook complaint form or write directly to help@sportsbookreview.com.
11.02.2011 (12:52 PM CST)
A WSEX Sportsbook (SBR rating D-) player reports being paid $2,000. The player had been waiting since February of 2011 for two withdrawals totaling $2,000. The player tells SBR that last month a WSEX customer service representative recommended the player cancel his pending withdrawals and ask for a new payout using InstaDebit - a payment solution available to residents of his country. The player reports that his first withdrawal is already in his bank account, and the second has been sent to his Instadebit account.
The payment news is a positive for WSEX players that have been waiting for their funds throughout 2011; the oldest request dating back to October of 2009. According to player complaints, WSEX Sportsbook owes $570,010 in payments to more than 85 players. While WSEX Sportsbook has recently declined to go on the record with SBR about the extreme payment delays, WSEX has began informing select players via email that processing is scheduled to pick up in the next few weeks. The last surge of WSEX payouts was the $124,617 to players in the fall of 2010.
WSEX players are asked to submit sportsbook complaint forms to document their payout statuses. Alternatively, players can email help@sportsbookreview.com.
10.21.2011 (07:07 PM CST)
WSEX Sportsbook (SBR rating D-) is currently behind on $537,947 in payments to more than 75 players. The once well regarded sportsbook turned slow-pay organization has recently avoided comment to SBR. WSEX Sportsbook players report outstanding requests as far back as October of 2009. The last major surge of WSEX payments came in the beginning of the 2010 football season, when WSEX paid $124,617 to players. Unfortunately, the WSEX debt has more than doubled since last year - the sportsbook has sullied its once good name and is not believed to have recorded much growth since beginning its downward spiral. Players with balances at WSEX are advised to cease wagering until the sportsbook shows that it can resume processing its delinquent payouts.
[quote]WSEX Sportsbook to player: We have not forgotten about your outstanding request. As mentioned in my last correspondence, we have signed on a new processor and all our past due request are scheduled for shipment on a weekly basis. Every week, a batch will be completed and I do see that your request can be shipped by middle October. I realize that this may be a bit disappointing to you but we are honestly trying our best to ensure that your request is settled as soon as possible. As I always mention, you are free to contact me to address any further queries.[/quote]
Players in need of WSEX sportsbook assistance are asked to fill out a sportsbook
complaint form. Alternatively, players may reach Sportsbook Review by writing to
help@sportsbookreview.com or dialing 1-830-255-4677 seven days a week during
normal business hours.
10.06.2011 (05:51 PM CST)
WSEX Sportsbook (SBR rating D-) players continue to report not being paid. The once well regarded sportsbook turned slow-pay outfit is racking up more complaints from players that are beginning to give up hope on seeing their funds. WSEX Sportsbook is currently slow-paying $501,247 to 75 players. Each of the players have submitted sportsbook complaint forms through SBR seeking assistance. The last surge of WSEX payout came in the beginning of the 2010 football season, when WSEX paid $124,617 to players. The outstanding WSEX payout requests date all the way back to 2009.
SBR hopes to update this report soon. | WSEX player statements
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09.08.2011 (11:05 AM CST)
WSEX (SBR rating D-) players are hopeful that the start of the football season will alow the slow-pay sportsbook to get back in the black. WSEX once held a rating of A+ at SportsbookReview in June of 2006. WSEX lost its status as an A-rated sportsbook in April of 2009, and continued to slide through the sportsbook ratings guide until it eventually found itself on the sportsbook blacklist in March of 2011.
WSEX has been the subject of several payment complaint newswires throughout 2010 and 2011. The formerly high-ranked sportsbook was considered one of the industry's most financially sound sportsbooks, even having a hand in the formulation of popular betting exchange Matchbook (SBR rating B). Matchbook officially severred all business ties with WSEX after coming under new ownership, distancing itself from the failing operation.
Sixty-eight WSEX players report $488,233 in delinquent withdrawals. The outstanding requests date back to October of 2009. The last surge of WSEX payouts was recorded during the beginning of the 2010 football season, when WSEX paid $124,617 to players. | Forum discussion: WSEX disputes
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07.08.2011 (05:54 PM CST)
Two new WSEX (SBR rating D-) payout complaints have been reported. The first player requested a $1,400 payment following the 2011 Super Bowl.
The WSEX player tells SBR that he asked a friend to call WSEX to pose as a potential customer, WSEX reportedly told the player withdrawals take only two weeks. The player tells Sportsbook Review that he receives only generic updates from the WSEX camp.
The second player requested a $2,000 payout in mid June of 2011. Based on his recent playing activity, SBR expects that WSEX will unfortunately choose to prioritize his withdrawal request above the player waiting since February of 2011 in hopes to retain his future business.
In total, WSEX players have reported being slow-paid a total of $460,462. The most delinquent payment request is from October of 2009. | WSEX statement
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07.05.2011 (12:43 PM CST)
SBR's last WSEX report was on June 19th, 2011. Since that time, $36,696 in payments were confirmed as received by the players. Seven new complaints totaling $14,305 have also been submitted in the last two weeks. In total, sixty WSEX (SBR rating D-) players have reported that they are actively owed $457,062 via sportsbook complaint form. | WSEX statement to players
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06.18.2011 (11:38 AM CST)
WSEX Sportsbook (SBR rating D-) update.
WSEX is currently slow-paying its users $494,018. The payout requests range from October 2009 to May 2011. WSEX has provided generic updates to players throughout its downswing—where its rating was adjusted nine times—pinning the delays on their processors. | WSEX player reports payment
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04.25.2011 (09:29 AM CST)
Four new WSEX Sportsbook (SBR rating D-) complaints have been reported. In SBR's last WSEX Sportsbook update, WSEX provided a generic statement regarding payment delays. At the time of this report, WSEX was slow-paying 48 players $431,817. | WSEX Sportsbook complaints
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04.15.2011 (05:18 PM CST)
WSEX Sports (SBR rating D-) has issued a general statement to Sportsbook Review on the status of user reported payment delays. WSEX sportsbook and poker players are being slow-paid $431,817. | WSEX Sports history and current statement
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03.03.2011 (05:01 PM CST)
Matchbook (SBR rating B-) update.
On February 27th, SBR reported that Matchbook was set to announce exit from the US market. The popular sports betting exchange has announced its official seperation from WSEX Sportsbook (SBR rating D-), and has given US-based account holders instructions on how to request their funds. | Read Matchbook statement
Matchbook tells SBR that players have 31 days to initiate the withdrawal process. Matchbook also states that commission credits accumulated in the last three months would be paid as cash adjustments to the US-based player balances, and available for immediate withdrawal. Matchbook intends to settle balances less than $10,000 by making a refund onto each player's credit card, larger balances are to be paid via bank wire.
Matchbook's decision not to send US-based players checks for the remainder of their balances has drawn criticism from SBRforum readers who have taken part in the forum topic,
Matchbook leaving the US.
| Read more 03.01.2011 (07:12 PM CST)WSEX Sportsbook downgraded from D to D-
03.01.2011 (05:53 PM CST)
WSEX Sportsbook (SBR rating D-) update. SBR reported on February 2nd that 48 WSEX players were being slow-paid a total of $371,966. The oldest of these payout requests was initiated in February of 2010.
WSEX filling delinquent requests based on most recent owed
Two players have confirmed receiving payment in full. Player one received $8,759 from payouts requested in late 2010. Player two received $2,900 from a December of 2010 withdrawal request.
Eight new sportsbook complaints have been reported by players since SBR's last WSEX update, increasing the amount owed to players to $438,860. The requests were made ranging from March of 2010 to as little as three weeks ago. One player, who requested $3,000 on March 10th of 2010, made an observation noting WSEX's backwards effort in clearing the delinquent withdrawals.
WSEX player: [quote]Been waiting since March 10, 2010 for a max withdrawal ($3,000). I don't understand why people that have requested withdrawals well after me are getting paid and I'm still waiting. [/quote]
WSEX Sportsbook has likely determined that players owed from early 2010 would never again give the sportsbook business, and is selectively choosing which players' payouts to process as funds become available.| WSEX Sportsbook report
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02.27.2011 (06:53 PM CST)
Matchbook (SBR rating B-) is preparing a release to announce both its seperation from WSEX as owner and parent company and the impending exit of the US market. Players within the USA are expected to be unable to use their accounts as soon as tomorrow. Players can check back for more details from Matchbook management on payouts and new business plan. SBR will closely monitor the payout process for US players which will be the company's first major action independent of slow-paying sportsbook WSEX. | Matchbook leaving the US
02.02.2011 (05:50 PM CST)
WSEX Sportsbook (sportsbook rating D-) update. Since SBR's last WSEX report on January 22nd, 2011, an additional six slow-pay complaints have been filed. These players are owed a combined $22,047, increasing WSEX's delinquent withdrawal amount to $371,966. | WSEX launches casino loyalty program
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01.11.2011 (02:01 PM CST)
Two WSEX Sportsbook (SBR rating D) players confirm partial payment. The first player reported a $2,500 payment; prior to receiving this withdrawal he had $25,000 in delinquent payout requests. The withdrawal requests ranged from December 12th to January 4th. The second player reported a successful $1,800 Moneybookers withdrawal. After receiving those funds, the player still has a balance of $7,900 which he has been trying to withdraw since April of 2010. Twenty-eight WSEX Sportsbook players have submitted sportsbook complaints. WSEX still owes these players a total of $251,298. | Full WSEX Sportsbook Report
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01.06.2011 (03:09 PM CST)
SBR has spoken with Matchbook (SBR rating B-) executives and are aware of their plans to become a new independent gaming company. It's been known that WSEX (SBR rating D) had an ownership stake in Matchbook since their launch in 2005. Despite the relationship to date, Matchbook is in good standing and players have not reported any delinquent payout requests. SBR is hopeful the purchase of Matchbook from WSEX will allow outstanding WSEX withdrawals to be processed. Matchbook is expected to provide a press release to SBR in the coming weeks after the ownership changes are solidified. | WSEX Slow-pay complaints
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11.19.2010 (03:39 PM CST)
WSEX (SBR rating D) update. A player reports requesting a $416 check on August 10th, and not receiving his funds as of November 19th. WSEX has not provided SBR with any updates since November 1st, and is currently slow-paying 21 players a total of $171,253.
11.16.2010 (10:55 AM CST)
Two WSEX (SBR rating D) slow-pay complaints have been reported. Player 1 asked for a withdrawal of $565 on October 3rd, player 2 requested $1,700 on October 1st. WSEX's last payment was confirmed on November 4th by a player that received $3,000. WSEX has not provided SBR any payout updates since November 1st. Players in need of assistance with WSEX are asked to submit a sportsbook complaint form.
11.12.2010 (02:28 PM CST)
WSEX (SBR rating D) is currently slow-paying $168,588 to 19 players. The last confirmed WSEX payout was reported on November 4th; a player was paid $3,000 from a February 3rd withdrawal request. SBR will update this report.
11.04.2010 (02:54 PM CST)
A WSEX (SBR rating D) player has confirmed receiving the remainder of his balance. The player was paid $3,000 from a February 2nd withdrawal request. WSEX is currently slow-paying 14 players a total of $153,558. Players that require assistance with WSEX should submit a sportsbook complaint form.
11.02.2010 (10:41 AM CST)
WSEX (SBR rating D) is now slow-paying $156,558 to 15 players. In SBR's last update, WSEX owed $109,374 to 14 players. Since that report, two new players have come forward who are being slow-paid $32,314 and $15,000. According to WSEX management, 3 players on the complaints list were expected to receive payment by Friday October 29th. SBR is confirming whether or not those players were paid.
10.27.2010 (10:14 AM CST)
WSEX (SBR rating D) has provided an update on SBR's 10/25 slow-pay report.
WSEX has stated that 4 users have received payments. The 1st player was paid $9901 toward his $30,299 balance. Player 2 was paid $4000 toward his $5,960 balance. Players 3 and 4 received $3,000 payments which settled their accounts in full. Currently, WSEX is still slow-paying 13 players a total of $109,374, with the earliest payouts requested in February of 2010.
10.25.2010 (04:07 PM CST)
WSEX Sportsbook (SBR rating D) update.
Since SBR's last WSEX update on October 15th, 5 new players have filed sportsbook complaints against World Sports Exchange.
Player 1: Requested $12,000 in April of 2010
Player 2: Requested $9,000 in April of 2010
Player 3: Requested $3,000 on February 2nd
Player 4: Requested $3,000 on April 19th
Player 5: Requested on $146 on August 5th
This increases SBR's list of players being slow-paid by WSEX to 15 players. WSEX has began to provide more consistent updates to SBR on payout statuses, clearing over 50% of their slow-pay complaints. Players that have not yet written in for help should write to help@sportsbookreview.com.
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10.15.2010 (12:16 PM CST)
WSEX Sportsbook (SBR rating D) update.
WSEX has settled 5 more player slow-pay complaints. WSEX still owes $102,029 to 10 players. A new player was added to SBR's slow-pay list this week who has $3,000 and $2,960 withdrawals pending. His checks were requested on March 11th and April 13th. WSEX has stated that player will receive one check next week with the subsequent one to follow. Players in need of sportsbook assistance with WSEX should fill out a sportsbook complaint form. | WSEX slow-pays
Recent players confirmed as paid in full
Player 1: Received $5,000 balance
Player 2: Receved $3,000 balance requested on May 10th
Player 3: Received $2,122 balance requested on August 30th
Player 4: Received $772 balance requested on April 5th
Player 5: Received $600 balance requested on February 25th
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10.07.2010 (12:03 PM CST)
A WSEX Sportsbook (SBR rating D) player has confirmed receiving a $3000 payout. His check was requested on April 12th. WSEX has cleared $127,617 in slow-pay in the last month. Currently, 14 WSEX players remain on the slow-pay list and are owed a combined total of $125,483. SBR will update this report.
10.04.2010 (02:54 PM CST)
SportsbookReview update — WSEX Sportsbook (SBR rating D) has stated that 36 players who filed sportsbook complaints through SBR have been paid in full. The total amount allegedly paid to the players was $124,617. SBR has already received confirmation from 5 players that their funds were received. WSEX is still slow-paying 14 players $128,483. One WSEX manager acknowledged the size of each withdrawal request effecting the placement in the payout queue but added that players on SBR's list would be fast-tracked.
| Read more
09.24.2010 (02:07 PM CST)
Two WSEX (SBR rating D) players confirm receiving withdrawals. Player 1 received $2500 via Neteller; player 2 received two $3,000 checks from mid-April payout requests. A WSEX manager provided the following update to SBR on player payouts:
WSEX: [quote]Step one is to get all players owed less than $3,000 paid immediately, and everyone higher on your list at least one $3,000 check right away. Then pay the balances down $3,000 at a time as processors allow. [/quote]
WSEX is currently slow-paying $231,550 to 52 players. WSEX has paid 6 owed players on SBR's slow-pay list $17,300 in September.
09.20.2010 (10:39 AM CST)
A WSEX (SBR rating D) player has confirmed receiving a $2500 payout to his Neteller account. This is the 5th confirmed WSEX payment in September for a total of $8800.
A new WSEX payout complaint was reported this morning from a player owed $150 and $400 from June & July withdrawal requests. WSEX stated to SBR on June 29th that all players who filed sportsbook disputes would be placed on priority lists. All players that have contacted SBR in the past six months, as well as those that have not written in, are urged to write to SportsbookReview with updates on their payout statuses.
WSEX is still slow-paying $240,050 to 53 players.
WSEX player: [quote]I have been waiting for 2 withdrawals now for over several months from WSEX.com. One from the beginning of June for $150. and one from July 5th for $400. They keep saying the old line "it was sent to our processor and awaiting them to send the check" for several months. What a horribly run Sportsbook. They want your money instantly to bet on their site, but you cant get access to your winnings for months if at all! [/quote]
09.15.2010 (03:42 PM CST)
A fourth WSEX (SBR rating D) payout has been reported in September. A player confirmed receiving his 1st of two withdrawal requests; a $3,000 check requested in mid-May of 2010. WSEX has paid a total of $6,300 to 4 players that had outstanding complaints that they reported to SBR. WSEX owes $242,000 to 52 players that entered sportsbook complaints.
09.11.2010 (12:33 PM CST)
A WSEX (SBR rating D) player that requested $2500 on June 1st has confirmed receiving payment today through Neteller. This is the third WSEX payment report in September. WSEX is still slow-paying $245,000 to 53 players that have filed sportsbook complaints.
09.05.2010 (05:01 PM CST)
A WSEX (SBR rating D) player reports a $2,500 payment. The player requested his withdrawal more than two months ago and reports receiving his funds through Neteller. This is the second WSEX payment report this week. WSEX is currently slow-paying $247,500+ to 54 players that have filed sportsbook complaints.
09.01.2010 (05:14 PM CST)
A WSEX (SBR rating D) player that requested a $1,000 priority check on May 1st has been paid. The player informed SBR that he was offered a $1,000 Moneygram free of charge in place of the check on August 10th. Players with payout updates or new complaints against WSEX are asked to write to help@sportsbookreview.com. WSEX is currently slow-paying $250,000+ to 55 players, with the earlier withdrawal delay dating back to October of 2009.
08.25.2010 (08:59 AM CST)
A WSEX (SBR rating D) player reports a withdrawal complaint. The player asked for a $1600 withdrawal on July 11th. His payout has yet to be processed by WSEX. WSEX is currently slow-paying just over $250,000 to the 56 players have written SBR with sportsbook disputes.
08.20.2010 (03:41 PM CST)
A WSEX (SBR rating D) slow-pay has been reported. On January 25th a player asked for a $2,757 payout. He has yet to receive his funds. WSEX is currently slow-paying over $250,000 to the 55 players that have submitted sportsbook complaints.
WSEX player: [quote]$2,757 payout request made on 1/25/10. I have called and emailed numerous times.[/quote]
08.11.2010 (10:22 AM CST)
A WSEX (SBR rating D) payout complaint has reached the SBR mailbox. On February 8th, a player asked for a withdrawal of $3,000. WSEX has provided only generic excuses to the player about the delays, citing processors as the cause. However, WSEX currently owes over $250,000 to the 54 players that have written to SBR for assistance.
WSEX player: [quote]I requested a payout of $3000 on February 8th, 2010. I still have not received the check. I email WSEX every few weeks, they keep talking about "the processors" being the problem. Six months and counting... :( [/quote]
08.09.2010 (03:45 PM CST)
A new WSEX (SBR rating D) payout complaint has been filed. In April of 2010 a player asked for a withdrawal of $2,000. He has not been provided a status update on his funds. 53 WSEX players have filed complaints, and are being slow-paid a total of $253,000 with the oldest payment complaint dating back to October of 2009. | WSEX current status
08.06.2010 (11:15 AM CST)In March of 2009,
WSEX players started to see withdrawal delays. Some successfully withdrew their funds while others continued to play with WSEX banking on its stellar reputation and financial track record. The situation worsened as the number of
slow-pay complaints submitted to SportsbookReview increased each month. WSEX first attributed the delays to trouble with its banking processors;
however, WSEX's financial issues were much more complex as the coming
months would show.
WSEX was downgraded 8 times from March of 2009 to July of 2010, and currently sits on a rating of D. |
View full WSEX report
| Read more 08.02.2010 (06:40 PM CST)
A WSEX (SBR rating D) player has reported being paid. He requested $1,988 on April 13th and confirmed receiving that check today. WSEX users discuss payment issues at SBRforum.
07.30.2010 (10:14 AM CST)
A WSEX player confirms receiving his $3,000 payout from a February 12th request.
WSEX has an SBR rating of D, and is currently slow-paying $258,000 to the 51 players that have submitted sportsbook complaint forms. WSEX was last reported to have paid a player $2500 on July 26th; however 21 payment complaints were reported in July.
SBR will update this report.
| Read more
07.26.2010 (01:07 PM CST)
A WSEX (SBR rating D) player has reported receiving $2500 via Neteller. He requested the payment on May 10th. While this is the 3rd payout report in July from a WSEX player, 21 new slow-pay complaints were filed throughout July including four today. SBR will update this report.
| Read more
07.25.2010 (02:38 AM CST)
A WSEX (SBR rating D) player reports payment. On July 8th the player contacted SBR for sportsbook dispute assistance, stating that he requested $1,500 on March 22nd. The player confirmed receiving his payout request today through Moneygram. This is the first WSEX payout report since July 9th. In total, WSEX is still slow-paying 51 players $259,034.
07.12.2010 (02:44 PM CST)
WSEX (SBR rating D) has refused to pay a $20,000 winning wager. A second complaint was filed from a player indicating that his bet on Cleveland in the "Who will sign Lebron?" prop was graded as a loss. SBR initially reported WSEX's stance in settling the market on July 10th. Other sportsbooks used clearer wordage that asked where Lebron James will play in the 2010/11 NBA season. The Cleveland Cavaliers agreed to a sign & trade in a deal that sent Lebron James to the Miami Heat. SBR is asking WSEX to reconsider its grading.
07.10.2010 (11:00 AM CST)
WSEX (SBR rating D) offered the prop "Who will sign Lebron? (1-Pay)". The Cleveland Cavaliers signed Lebron James, then traded him to the Miami Heat, agreeing to a sign & trade deal. A player who considered this chain of events wrote in to WSEX before placing the wager to inquire — he was told that if these events occurred that Cleveland would be graded the winner.
WSEX player: [quote]I just wanted to confirm a detail about the bet "WHO WILL SIGN LEBRON?"
If Cleveland signs and then trades Lebron, Cleveland will be the graded as the winner, correct?[/quote]
WSEX: [quote]Dear Sir, Yes Cleveland will be graded as the winner[/quote]
WSEX graded the Miami Heat the winner after Cleveland agreed to the sign & trade. WSEX then apologized to the player stating he was misinformed. Sportsbooks must use clear and concise prop descriptions to eliminate gray area and potential confusion, in this case, the wordage of the prop suggests that the bet will be paid based on the first team that signs Lebron James to any contract for the 2010/11 NBA season. SBR has suggested that WSEX settle the market accordingly.
07.09.2010 (06:05 PM CST)
A WSEX (SBR rating D) player has reported being paid $2,000. He initially requested payment of $2,410 via Moneybookers on April 21st.
WSEX player: [quote]Hi, i have got part of the payment today via moneybookers on amount 2000$. [/quote]
An additional 5 slow-pays were also reported for a combined $11,917.50.
Payout Requests
Player 1: $767.50 on February 13th.
Player 2: $1500 on March 22nd.
Player 3: $750 on March 27th.
Player 4: $3000 on May 10th.
Player 5: $3000 on May 18th and $2900 on May 19th.
WSEX is currently slow-paying 52 players $260,534; with the first of those payouts requested in October of 2009. | Forum readers discuss WSEX
| Read more
07.06.2010 (12:05 PM CST)
SBR has presented an additional 12 slow-pays to WSEX (SBR rating D) management. WSEX claimed it would review the payout statuses. In prior correspondence with WSEX, it was stated that the sportsbook would prioritize players that wrote in for sportsbook dispute assistance. Since that message, 3 players have in fact reported payment – however an additional 12 slow-pay complaints have been filed since that time. In total, WSEX is slow-paying $250,617 to 47 players, the first of which is waiting on payouts requested back in October of 2009. SBR will update this report.
07.03.2010 (01:32 PM CST)WSEX downgraded from D+ to D
07.03.2010 (12:16 PM CST)
A new WSEX (SBR rating D) slow-pay complaint has been filed following SBR's July 2nd update. That slow-pay report highlighted 3 new payment complaints. In this latest instance of slow-pay, a player writes to SBR that he requested a payout of $1,000 on March 22nd. WSEX gave its usual generic replies pinning the blame on processor changes, and allegedly asks the player to call back in a week for an updated time-frame. WSEX has been unable to efficiently shave down its number of payout complaints, accumulating more slow-pay complaints than there are payment reports. 47 players have written to SBR for dispute assistance with WSEX. Those players are owed a combined $250,617 with the earliest payment request made in October of 2009. As of July 3rd, WSEX has been lowered to the mark of D.
WSEX player: [quote]Requested a payout of $1000 on March 22, 2010 and receive the same excuses week after week. Change of processors, checks being halted when I see people commenting on the internet of receiving checks, and plain old ignoring emails. Each time I call, I'm told to call back in a week or not given a time frame. This is not the first time they have been slow to pay. It took over two months for me to receive a little over $500 last year. I just want my money so I can move onto another sportsbook![/quote]
07.02.2010 (07:05 PM CST)
Two WSEX (SBR rating D+) slow-pay complaints have been reported.
Player 1: Requested $140.00 from WSEX on February 3rd. Player has been given various excuses about a change in carriers.
Player 2: Requested $3000.00 from WSEX on March 23rd. WSEX claimed to be encountering processor problems.
A major complaint from players with WSEX has been the fact that, seemingly, staff have been instructed to provide generic and misleading statements regarding the withdrawal process. WSEX management did claim to SBR that players who filed for sportsbook assistance would be placed on priority lists. Four WSEX players reported payment in June; however 9 additional slow-pay complaints were filed since those reports surfaced. In total WSEX's debt to 46 players has now increased to $249,617. The first of those payout requests was made in October of 2009.
06.29.2010 (10:14 AM CST)
WSEX (SBR rating D+) accounting gave a misleading time-line to a player that asked how long his $2155 check requested on May 4th would take to receive. He was told that the normal regular mail check delivery time is up to 20 business days. After 20 business days, WSEX told the player the delay was caused by a switch in banking processors. In reality, WSEX payment delays began much sooner than the purported processor change; WSEX was first downgraded in April of last year for their payout issues. WSEX continued its slide over the next several months and to date has fallen to the mark of D+, slow-paying 44 players $246,477. WSEX has yet to clear the payout request of a user who attempted to withdraw his balance in October of 2009. WSEX management claimed players that wrote to SBR via sportsbook complaint form would be placed on "priority lists". It is unclear how many additional users are encountering payout delays. SBR asks any player to fill out the complaint form or write directly to help@sportsbookreview.com with their payout statuses and account numbers.
06.28.2010 (11:06 AM CST)
Eight new WSEX (SBR rating D+) complaints have been filed on the heels of the June 23rd update where three WSEX players reported payment. The cumulative amount owed to the six players is $30,632. This increases the total debt WSEX has to players to $244,322, with the first payout requested in October of 2009. SBR will update this report. | Read WSEX forum discussion
WSEX player comments: [quote]I have 3 checks all for 3K each
pending from april 5th, april 12th, and april 13th,2010 i have been
waiting on. I already filed a complaint without an account # but have
received no feedback. I asked wsex to provide me with an account # and
they won't do it. I just want to make sure my complaint is filed. They
have been giving me the run-around for the last 2 months. Last, about 6
weeks ago after I emailed them for the 7th or 8th time, they told me all
my checks would be mailed out within two weeks. It didn't
happen.[/quote]
Read more WSEX player comments.
| Read more
06.22.2010 (05:32 PM CST)
Three WSEX (SBR rating D+) players have reported payment. One player received $9000 via 3 checks, two other players received $2500 each via Neteller. Players that have not submitted sportsbook complaints against WSEX are encouraged to do so. WSEX is currently slow-paying 33 players a total of $213,690, with the first payout request made in October of 2009. On June 18th, WSEX management stated players that asked SBR for help would be on a "priority list".
06.18.2010 (08:32 PM CST)
A WSEX (SBR rating D+) player has reported payment. The player received two $2500 checks this month. He wrote SBR for dispute assistance on June 3rd. The player is still owed $15,000 by WSEX. WSEX management has discussed the payout delays with SBR and has stated players who submitted sportsbook complaints were on a priority list. WSEX has 35 slow-pay complaints levied against them for a total of $222,690.
06.11.2010 (11:51 AM CST)
A WSEX (SBR rating D+) payment complaint has been reported. On February 25th a player requested a check withdrawal of $600. As of June 11th, his funds have yet to be received. This is the 35th outstanding slow-pay complaint levied against WSEX, increasing their player debt to $227,690.
06.07.2010 (05:21 PM CST)WSEX downgraded from C- to D+
06.06.2010 (09:04 PM CST)
A WSEX (SBR rating C-) slow-pay complaint has been reported. A player requested $225 on April 5th and $150 on May 6th and has yet to be paid from either request. This increases WSEX's total debt to players to $227,090 - the first unpaid payout request on file is October of 2009.
06.04.2010 (01:41 PM CST)
WSEX (SBR rating C-) is currently slow-paying 36 players a total $226,715. The oldest payout request was made in October of 2009. SBR's last WSEX slow-pay report published on May 14th detailed 33 players being owed $184,284. Since that time, three new WSEX players have come forward who are owed a combined $39,431.
WSEX player: [quote]I have been waiting forever to receive moneybookers payouts from WSEX. i have 17736 with them and ive been asking for $2500 every couple of days. I have now requested my whole balance with them over several payout requests.[/quote]
05.14.2010 (05:59 PM CST)
A WSEX (SBR rating C-) slow-pay complaint has been reported. A player requested a $180 withdrawal on February 18th, and has yet to receive his funds or an accurate time-line of when to expect his payment from WSEX. WSEX currently owes 33 players that have filed slow-pay complaints $184,284. The oldest payment request was made in October of 2009.
05.11.2010 (06:41 PM CST)
Five new WSEX (SBR rating C-) slow-pay complaints have been received. Five players are being slow-paid $20,473, the oldest payout request was made on February 23rd. This increases the WSEX player debt to $184,104; according to the other 32 slow-pay complaints recorded against WSEX.
WSEX player: [quote]Requested cashouts of $3,000 on 3/31/10, 4/2/10, and 4/5/10 via courier check withdrawal. Have yet to receive a tracking number or a check, and am given the runaround by customer service about the "processors" being slow and there is nothing they can do. I have been a longtime customer and am used to payouts taking days...now I am at a month+ and still nothing. Not a good way to keep any customers.[/quote]
05.07.2010 (01:35 PM CST)
A WSEX (SBR rating C-) slow-pay has been reported. The player requested $350 via check on March 11th and has yet to receive his funds. WSEX currently owes 32 players that have filed SBR complaints $163,361, with the oldest payment requested in October of 2009.
04.30.2010 (07:10 PM CST)
WSEX (SBR rating C-) slow-pay reports have continued to flow into the SBR mailbox. Three new payment complaints were filed with SBR this week. One player requested two payments for $2997 and $2995 in January of 2010. In total 31 unique WSEX slow-pays remain outstanding. WSEX's debt to players has increased to $163,011 with the oldest payout requested in October of 2009. SBR asks that players with open disputes against WSEX fill out a sportsbook complaint form.
Player to WSEX: [quote]I have read that various people that requested payouts in February have been paid but I still have 3 payouts remaining and two of these were requested in January and have now been over 100 days since my request. Can you please prioritize my January payouts and make sure they get sent in the next week. Thanks.
Below are my open payouts:
$2997 requested 1/8
$2995 requested 1/20
$2994 requested 2/22[/quote]
04.21.2010 (10:43 AM CST)
WSEX (SBR rating C-) has addressed the recently reported slow-pay complaints.
WSEX: [quote]I can agree that we still have those funds outstanding for the attached clients. The condition is still the same. Presently, we are experiencing delays with completing processing for some request. Our directors are putting every effort in to cut down this extensive delay and get these checks moving. I am unable to promise a date at this time but the clients should receive these outstanding checks in less than a month. This could be 1 week to 2 weeks.[/quote]
WSEX currently owes $152,525 to 28 players, with the oldest payment requested in October of 2009.
04.20.2010 (07:49 PM CST)
Two new WSEX (SBR rating C-) slow-pay complaints have been reported. Player 1 requested a payment of $150 on February 9th and has yet to receive his funds. Player 2 requested two payments, one for $450 on February 15th and one for $530 on March 24th. WSEX currently owes $152,525 to 28 players, with the oldest payment requested in October of 2009.
Player comments: [quote]I requested cashout two days after the Superbowl. Small payout around $150. Still have not received the check. I have emailed them several times and have been told my payout is in review with management. I just stumbled upon your site and didn't realize they were having issues until now. Small dollars, but very upset considering I have been an account holder with WSEX for about 12 years. I am a small player, but would think they would not hold up and risk another complaint for a measily $150.[/quote]
[quote]I have two outstanding cashout requests with WSEX. One is from February 15th for $450 and the other is from March 24th for $530. Ever since the 3 week mark, I have called WSEX every Wednesday about my 2/15 payout and am given the same runaround. "They are backedup, my payout is next in the queue, and I will receive a tracking email by the end of the week." Clearly this is a total lie, and now I am really becoming worried.[/quote]
04.17.2010 (12:15 PM CST)
A WSEX (SBR rating C-) slow-pay complaint has been received. On February 10th a player requested $995 via check, he has yet to receive his funds as of today. This is the 26th player that has contacted SBR for assistance with WSEX. WSEX owes $151,395 to players, with the oldest payment requested in October of 2009.
04.16.2010 (04:12 PM CST)
A WSEX (SBR rating C-) player that requested $27,000 in October has received his second $3,000 payment today. The player is still waiting on seven additional checks. WSEX currently owes $150,400 to 25 players, with the oldest payment requested in October of 2009.
04.14.2010 (02:51 PM CST)
Eight new WSEX (SBR rating C-) slow-pay complaints have been filed with SBR. These players are owed a combined $30,000. WSEX has paid out $19,000 recently to SBR readers, but new complaints continue to surface. WSEX currently owes $153,400 to 25 players, with the oldest payment request dating back to October. SBR readers are discussing the WSEX slow-payments at the SBR message board.
03.31.2010 (05:22 PM CST)
Additional WSEX (SBR rating C-) complaints have been received since SBR's last WSEX slow-pays update. The total amount owed to SBR readers is $137,950. Of those 18 players, the following have requested payments at least two months ago:
Players and amount owed over 3 months: One player owed $27,000 from an October 2009 payment request.
Players and amount owed over 2 months: Seven players a total $12,650 from payment requests made on January 3rd-27th.
WSEX has conceded to SBR that the size of each payment request plays a direct role in current payout times. SBR is continuing to seek updates on behalf of players and monitor WSEX's current position. WSEX was downgraded to the mark of C- on March 25th. SBR readers that are owed by WSEX who have not yet done so are encouraged to file sportsbook complaint forms.
03.25.2010 (08:04 PM CST)WSEX downgraded from C to C-
03.22.2010 (04:36 PM CST)
WSEX (SBR rating C) has five outstanding slowpay complaints for a total of $43,000. The oldest payout request was made on October 20th of 2009. WSEX has cleared most payments within 90 days. WSEX paid a player in the last week that requested a $2500 Neteller payment on February 11th. WSEX management has conceded that payment times are dictated by the size of the withdrawal request. SBR is continuing to monitor the situation and asks any players currently owed by WSEX to submit a sportsbook complaint form.
02.03.2010 (02:02 PM CST)
WSEX (SBR rating C) cancels $14,719 in Pai Gow winnings. From December 13th to 15th a bettor played 564 hands of Pai Gow, winning $14,719. On December 26th his account was deactivated and WSEX confiscated all winnings. An investigation of the dispute showed that the player found a discernible pattern - WSEX's random number generator was not random. After identifying the pattern, the player bet $100 when he expected to win, and $1 when he expected to lose. When he bet $100 the player won 98.1% of his hands.
WSEX concluded that the player was cheating via statistical analysis, claiming that the odds of a player winning this percentage of bets were astronomical. WSEX offered no evidence that the player actually cheated, altered hand outcomes or otherwise did anything to interfere with the softwares operation. WSEX argues that the player's ability to predict hands justifies voiding winnings.
01.18.2010 (12:54 PM CST)
WSEX (SBR rating C) currently owes six players that have reported being slow-paid $61,250. The requests were made as early as October of 2009. WSEX has not provided a time-line on when these players will be paid. Thirty players have confirmed $100,000 in payment from through their communication with SBR. According to WSEX management, the standard wait time for a regular mail check is thirty business days. SBR will update this report when payment is reported or new cases come in. If you have waited beyond thirty business days for payment from WSEX, please file a sportsbook complaint form. | View WSEX forum discussion
11.03.2009 (06:52 PM CST)
WSEX (SBR rating C) players report lengthy payment delays. In SBR's previous WSEX report on October 21st, the average payment time was a reported 4-6 weeks. Since that time, three new slow-pay reports have been filed. These reports are unique in that players have waited an equivalent amount or longer despite paying a $50 fee for rush processing. WSEX's listed time for courier service is 7 business days.
Player report: [quote]I requested a withdrawl through their courier option for a check and paid $50 per $3000 transaction to expedite payment instead of their free option. I called the accounting department a week after the request was received by them and was told it usually took 7 business days to receive a check. I waited until 9 business days and called again after not receiving a check and was told there is a delay during the month of October and my request has been sent for processing.[/quote]
10.21.2009 (12:21 PM CST)
WSEX is currently taking 4 to 6 weeks per check withdrawal request. From SBR's file of complaints, 7 WSEX players are collectively owed $30,000; with one player waiting for a $2,000 check requested July 17th. SBR will continue to speak with WSEX (SBR rating C) management regarding the 7 players and will update this report as players are paid.
08.24.2009 (11:31 AM CST)WSEX downgraded from B- to C
07.28.2009 (02:09 PM CST)WSEX downgraded from B to B-
05.17.2009 (04:29 PM CST)WSEX downgraded from B+ to B
04.23.2009 (11:03 AM CST)WSEX lowered from A- to B+. The rating change represents a lack of adequate financial processing resources resulting in delays. SBR continues to rate WSEX as financially strong and the sportsbook is in position to reclaim a spot on SBR's list of top sportsbooks once processing issues are addressed. Some players have reported delays of two months before receiving payment.
04.23.2009 (10:57 AM CST)WSEX lowered from A- to B+
03.17.2009 (05:51 PM CST)WSEX lowered from A+ to A-
01.07.2008 (05:49 PM CST)SBROdds.com showed LSU favored by as much as 6 with some books in December. The line dropped slowly as the public backed Ohio State taking the points. Bookmakers have settled in at 3.5 almost across the board. Pinnacle Sports is offering the best price for LSU at -101 followed by 5Dimes at -103. Ohio State backers can get a +4 with WSEX at -115, essentially getting the half point for a good buy of 5 cents.
06.01.2007 (05:17 PM CST)SBRforum Posters choose top 5 sportsbooks
During the month of May posters were asked to give their Top 3 Sportsbooks. Three points were awarded for the first choice, two points for second place and one point for third. Only voters with 100 or more posts were counted in the final tally. Congratulations to the Top 5 point earners including
Pinnacle (SBR rating A+) which led the way with 23 first place votes and 72 total points.
SBR Posters' Sportsbook Poll Results
1.
Pinnacle Sports - 72 total points
2.
Matchbook - 59 total points
3.
BetJamaica - 49 total points
4.
TheGreek Sportsbook - 36 total points
5.
WSEX - 24 total points
See complete results
01.13.2007 (02:58 PM CST)5Dimes (SBR rating A) now accepting transfers from Pinnacle Sports (SBR rating A+). There are no fees or minimum amount required. The bonus structure used for new Neteller deposits will apply. Transfer balances will be credited once Pinnacle acknowledges the request sent to its Customer Service Department. The following sportsbooks are also accepting transfers:
BetJamaica (SBR rating A+): The minimum transfer amount is $50. No fees will be applied by BetJamaica. Transferred funds are eligible for available bonuses.
TheGreek (SBR rating A+): The minimum transfer amount is $500. No fees will be applied by TheGreek Sportsbook. Transferred funds are eligible for available bonuses.
WSEX (SBR rating A+): There is no minimum to transfer funds. No fees will be applied by WSEX. A 10% bonus will be applied to funds transferred from Pinnacle Sports.
01.11.2007 (05:58 PM CST)
BetJamaica (SBR rating A+): The minimum transfer amount is $50. No fees will be applied by BetJamaica. Transferred funds are eligible for available bonuses.
TheGreek (SBR rating A+): The minimum transfer amount is $500. No fees will be applied by TheGreek Sportsbook. Transferred funds are eligible for available bonuses.
WSEX (SBR rating A+): There is no minimum to transfer funds. No fees will be applied by WSEX. A bonus will be applied to funds transferred from Pinnacle Sports.
06.15.2006 (08:43 PM CST)WSEX <a class="ab" href="http://www.sportsbookreview.com/sbr/wsex/">WSEX</a> upgraded from A to A+
01.01.2006 (05:09 PM CST)WSEX.com is a pioneer and one of the most trusted sportsbooks in the industry. SBROdds.com
11.13.2005 (05:01 PM CST)SBROdds.com is the leading real time odds service currently displayed on 112 quality sports websites worldwide. SBROdds also includes premium stats powered by Statfox.
07.25.2005 (05:16 PM CST)expects website to be operating normally by the end of the night. WSEX has been experiencing technical difficulties off and on since yesterday.
04.27.2005 (10:32 PM CST)Matchbook is a new betting exchange that is funded by the ownership of WSEX (SBR rating A). The exchange aims to offer the American sports bettor the ability to wager via peer-to-peer with the same ease of making a wager at a regular sportsbook. Matchbook has developed its own software and says they have focused on simplicity and functionality. Like all betting exchanges, the quality of the playing experience will be dependant on Matchbook’s ability to attract players and an active trading market. This operation is still in its infant stages.
Player funds are backed by the same investment group behind WSEX and players are able to make transfers between Matchbook and WSEX at no charge. However, Matchbook holds its own gaming license and has separate operational, customer service and management teams.
04.24.2005 (09:20 PM CST)Which sportsbooks offer in-game live wagering? Few bookmakers offer this betting option because of the challenges of balancing action on the quickly moving odds. Sportsbooks that offer in-game wagering include:
• Bet365.com (SBR rating A+)
• WSEX.com (SBR rating A)
• Tradesports.com (SBR rating B)
• PinnacleSports.com (SBR rating A+) is also known to offer in-game wagering on mainstream events on occasion.
04.05.2005 (10:39 AM CST)The full list includes the following online sportsbooks:
| Pinnacle |
A+ |
| CRIS |
A+ |
| VIP Sports |
A+ |
| BetWWTS |
A+ |
| BetJamaica |
A+ |
| Hollywood107 |
A+ |
| 5Dimes |
A |
| WSEX |
A |
| Bowmans |
A- |
| Canbet |
B+ |
SBROdds.com
12.18.2004 (09:14 AM CST)This is one sportsbook that has focused on taking care of the player while passing on expensive marketing campaigns including player bonuses. WSEX management was guarded on their expansion plans but word on the street is WSEX is back and we would expect to see more of them in a variety of media in 2005.
12.08.2004 (10:29 AM CST)The revolutionary real-time betting odds complete with match-up stats will be made available in early 2005. Websites will be able to brand the proprietary real-time SBR feed and offer the best handicapping stats. Websites will have full control over all branding and banner placements. The world class line-up of sportsbooks committed for 2005: WWTS, VIP Sports, BetJamaica, 5Dimes, Hollywood107, WSEX, Bowmans, Pinnacle, CRIS.
10.22.2004 (05:41 PM CST)Coming soon, SBR is proud to welcome two of the very best sportsbooks to SBROdds.com. SBROdds.com is currently the ONLY free fully secure live betting odds service on the internet. Sportsbooks pay a fee to have their live betting odds displayed on SBROdds.com and support the SBR effort to inform and protect sportsbook players.
06.07.2004 (05:37 PM CST)to visit WWTS (SBR rating A+), Intertops (SBR rating B) and WSEX (SBR rating A-). On June 19th the SBR team heads for Jamaica for a meeting with legendary operator Spiros of Olympic (SBR rating A+) and BetJamaica (SBR rating A+). Look for a video tour of Olympic in the review sections later in June.
02.03.2004 (05:40 AM CST)(SBR rating A-) apologizes for 3 week slow pay - SBR to plan middle of Feb visit/interview - Complaint received by SBR is also posted at Covers.com
08.25.2003 (02:21 PM CST)WSEX pays $39k for software glitch that allowed player to circumvent limits. Because the wagers were initially cancelled after the game, WSEX risked violating the SBR policy on player account confiscation - WSEX shows class and honor by paying the player.
09.04.2002 (09:47 AM CST)WWTS Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)Carib Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)Intertops Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)Pinnacle Sports Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)ClubVipCasino Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)WSEX Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots