The Creditwagering Thread

[firedawg]

dog lines are A+

[SlickFazzer]

Richkas knows the CW organization inside and out.

[JBC77]

Hell no I don't play there. Wagering on credit is for degenerates. If you don't have the money, then don't play. Eventually they will end up getting in your pockets, only a matter of time.....

[JBC77]

I think the ever growing CW stiff list is a testament to my last statement. Check it out sometime.....

[firedawg]

Hell no I don't play there. Wagering on credit is for degenerates. If you don't have the money, then don't play. Eventually they will end up getting in your pockets, only a matter of time.....

do you post up with a local? same as cw

[UntilTheNDofTimE]

Credit wagering has paid me once, ive paid once, besides 5 dimes its the smoothest running payout ive ever had, plus the fact that the guys who own it are American and the CS dosent have automated responses is great.

[Shark79]

I play at Betblackdog for credit

Creditwagering is ok and many guys play there from SBR without complaints


I prefer Blackdog because they have been around longer and we know who the people are behind operation and can call and get live people.

JJ ... how do I get an account with Blackdog?

Hook me up

[JBC77]

do you post up with a local? same as cw

I don't use a local. Calling someone to hear what lines they have and are currenlty offering is not my cup of tea. Too much of a hassle. I like betting on line because it takes all of 1 minute and I don't have to speak with anyone.

You figure there is probably over 50% unemployment amoung SBR posters so betting with cash people don't have is probably not a good idea.

Then there is the small matter of not knowing who really runs CW or where they are located.

My guess is they are in the U.S and if thats the case I wouldn't want the Feds to eventually end up with a copy of my drivers license.

[Richkas]

Wagering on credit is for degenerates.

This is the most ridiculous thing I have heard in a while. There are guys that bet big,big,big money on credit. Are they degenerates?

[THEGREAT30]

They are Mavericks in the online world, look what just happened to the most recent Maverick, they will decide to do like everyone else soon or fold, either way they will fold from their current system which will show how flawed and without thought their plan was to start, take your shot if you wish, just know it may not end up pretty.

[LT Profits]

They have been GREAT with me and I have been paid many times without a hitch.

[Dougie Fresh]

I don't use a local. Calling someone to hear what lines they have and are currenlty offering is not my cup of tea. Too much of a hassle. I like betting on line because it takes all of 1 minute and I don't have to speak with anyone.

I used to not use a local, but I found one that has everything online and all lines are current. They have almost everything an online book has.

[jjgold]

JJ ... how do I get an account with Blackdog?

Hook me up

Sharky all you do is call down there and let them screen you and tell them where you work, I am sure guys can vouge for you especially where you work.

Blackdog is a hidden gem

[CaneDawg]

people who play at CW love them

those who don't hate them

[LT Profits]

Those that don't have no basis for hating them. They have some great lines there.

[Shark79]

Sharky all you do is call down there and let them screen you and tell them where you work, I am sure guys can vouge for you especially where you work.

Blackdog is a hidden gem

JJ i cant get a Blackdog account ... there in Costa Rica


Hook me up

[treece]

This is the most ridiculous thing I have heard in a while. There are guys that bet big,big,big money on credit. Are they degenerates?

Yea the millionaires that come to vegas always bet on credit. They settle up before they leave vegas.

[LT Profits]

Well, credit has nothing to do with it, I use CW for some of their lines. I am sue I would post up there if I had to just to take advantage of those.

[krk1030]

I hear they are good. I signed up last week, im up 400 but i had not wagered the 3000 by sunday night so cant get the withdrawl until next week. But a free withdrawl in 2 days seems pretty good. And no waiting for a check to clear.

[Richkas]

Yea the millionaires that come to vegas always bet on credit. They settle up before they leave vegas.

There are some huge credit lines offshore.

[CaneDawg]

I hear they are good. I signed up last week, im up 400 but i had not wagered the 3000 by sunday night so cant get the withdrawl until next week. But a free withdrawl in 2 days seems pretty good. And no waiting for a check to clear.

[tommy2711]

NOT TO MANY

According to CW’s own spokesperson only 20% of bettors have been trustworthy.

This is a direct quote from sportsgambling.about.com



“A company spokesperson said that about 20-percent of sports bettors have proven to be trustworthy”

Super Stiffs 67
Regular Stiffs 93

Customers 40 ?????????

[jjgold]

The long term problem with CW's model is that do not have a great collection success rate like other credit books do. Credit success is based upon solid and effective collections.

[Richkas]

NOT TO MANY

According to CW’s own spokesperson only 20% of bettors have been trustworthy.

This is a direct quote from sportsgambling.about.com



“A company spokesperson said that about 20-percent of sports bettors have proven to be trustworthy”

Super Stiffs 67
Regular Stiffs 93

Customers 40 ?????????

You left out the important part in the article at about.com

Such a figure shows how difficult it is to show a profit over the long haul. If just 20-percent of the losing bettors pay their losses, you would have 83.5-percent of the bettors lose money to break even. But as most estimates have 90-percent, or more, of sports bettors losing money, it is possible for the sportsbook to show a profit even with such a small percentage of bettors paying their debts.

most of the people like you fall into this category.

[tommy2711]

I don't think those assumptions taken into consideration the money paid out to superstiffs. They have more superstiffs then customers. Obviously they had to adjust their original model by implemting strict rollover rules, charging for payouts and once again requiring ids upfront. They must also be cutting back expenses as I see they can't afford to sponsor your videos any longer.

They have no office. Maybe three employess and run in a colocation at best. Just remember the last time the Favorites covered on Sunday there were payout issues.

[MonkeyF0cker]

There are some huge credit lines offshore.

The difference is that those lines of credit are not offered to every Tom, Dick, and Harry to walk the street. If CW were doing so well, they wouldn't have had to introduce the rollover. This is a book just hoping to stop the bleeding now.

[CaneDawg]

i think they are in fine financial shape

[MonkeyF0cker]

And your opinion is based on what information?

[tommy2711]

i think they are in fine financial shape

If they are in such good shape, Why didn't they just send out moneygrams to their customers instead of using processing excuses after the the first winning Sunday for most sports betters.

[pimike]

I can tell you for sure that October was the best month CW has had. It was there biggest profit month thus far.



So your info is dead wrong on this.

[jjgold]

Most credit operations do not give out credit to anyone, CW is trying something new that no one has tried so lets see what happens down the road and see if it worked. I guess time will tell.

[pimike]

Most credit operations do not give out credit to anyone, CW is trying something new that no one has tried so lets see what happens down the road and see if it worked. I guess time will tell.

My thoughts exactly sir.

[Shark79]

Most credit operations do not give out credit to anyone, CW is trying something new that no one has tried so lets see what happens down the road and see if it worked. I guess time will tell.

Lets wait till football season ends, you mean?

[tommy2711]

I can tell you for sure that October was the best month CW has had. It was there biggest profit month thus far.
So your info is dead wrong on this.

If you know so much then maybe you could elaborate on their processing issues a while back. Maybe now they can afford an office and some phones and move out of the basement they are working out of.

[LT Profits]

FYI, I received a four-figure payout three weeks ago, and I had a MAXIMUM payout approved today. I don't antiipate any problems collecting, but I will post one way or the other. Payout will be split between ** and card.