SBR John’s opinion on WWTS

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  • SBR_John
    SBR Posting Legend
    • 07-12-05
    • 16471

    #1
    SBR John’s opinion on WWTS
    In a word or two: Extremely disappointed

    We have been in talks with the WWTS and will continue to be. In the meantime, we have pulled them off or will be pulling them off our sites as soon as humanly possible.

    SBR recognizes these are difficult times. However, there is no legal reason to deny players access to their funds.

    WWTS has shown utter incompetence with malice at the highest levels to arrive at a day where their players are denied access to their funds.
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    Sad shit. A few yrs ago they were rock solid and ran by a good bookie. Shit went downhill at WWTS along with his health.
    Comment
    • Yoshi
      SBR Wise Guy
      • 08-29-06
      • 548

      #3
      I disagreed with WWTS being a safe book in that sticky thread some days ago

      They lost me when they started slow paying via Neteller, they have been A+ way too long...sorry.
      Comment
      • TLD
        SBR Wise Guy
        • 12-10-05
        • 671

        #4
        Appreciate your input on this matter, John.

        I certainly hope the disappointment only turns out to be disappointment over their handling the transition to privatization (or whatever is coming) clumsily rather than disappointment that they stiff all their American customers. Time will tell.

        Any chance we can get a summary of the make-up of this company? I remember they had an excellent reputation under Bill Scott and then went public awhile back, but wasn’t that some semi-fictitious thing where he was really still calling the shots or still majority shareholder or something? And although I guess their operations remained in Antigua, didn’t they in some legal sense become an Australian company? If so, are they in any meaningful way under Australian regulations. (Australia has the best sportsbook regulations in the world, including requiring their books to keep all customer money in verifiable trust.)

        If the Scott regime will ultimately decide if this book will steal my money or not, and/or they come under Australian regulations, I would think there is reason to expect to get paid. Not that that would excuse delays and poor or dishonest communication and such, but in the end presumably everyone would get paid.

        But I’m just going by what I vaguely remember reading or being told. Can someone who knows about this company maybe share relevant information about it’s structure and who’s in charge, and what that bodes for the future.

        I believe this is also one of a very small number of books that JC has given a strong endorsement to, but I don’t remember if that was under other ownership or other conditions that have since changed, so I’d be interested if he chimed in at some point on this issue and what he expects.
        Comment
        • JDK192
          SBR High Roller
          • 09-14-05
          • 145

          #5
          I also started a thread here in May or June on how they should be downgraded. Anyone who played there should have seen this coming. Glad I pulled my money then.
          Comment
          • bigboydan
            SBR Aristocracy
            • 08-10-05
            • 55420

            #6
            I hate to rip books, but they need to be downgraded for these latest actions IMO
            Comment
            • bigloser
              SBR Wise Guy
              • 07-19-06
              • 787

              #7
              Originally posted by SBR_John

              However, there is no legal reason to deny players access to their funds.
              Yes there is. If WWTS is potentially insolvent , then it is illegal , under UK law, for the company to repay any funds. As the company is registered in the UK they have to abide by these rules.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #8
                This proves any book can steal your money

                We are in scary times right now

                Be very careful
                Comment
                • Yoshi
                  SBR Wise Guy
                  • 08-29-06
                  • 548

                  #9
                  Originally posted by jjgold
                  This proves any book can steal your money

                  We are in scary times right now

                  Be very careful
                  Nah that just proves they had a too high rating, i still trust Pinny Greek Cris Wsex etc 100%.
                  Comment
                  • SBR_John
                    SBR Posting Legend
                    • 07-12-05
                    • 16471

                    #10
                    We have been in contact multiple times with the WWTS CEO today right up until he boarded a plane for the UK. We appreciate him taking our calls by the way.

                    We can not get into what we might know about any deals. But we will continue to insist that players have access, immediate access to their funds. No ands, ifs or buts, access needs to begin by the morning, UK time.

                    The executives who have made these decisions must reverse this decision or be held liable and their careers in this industry will be over. This disgrace to their honor and careers must never be forgotten if this decision is not immediately rescinded.
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      Ok Yoshi..........Greek, Pinny, WSEX, Cris are exempt
                      Comment
                      • bigloser
                        SBR Wise Guy
                        • 07-19-06
                        • 787

                        #12
                        Originally posted by SBR_John
                        We have been in contact multiple times with the WWTS CEO today right up until he boarded a plane for the UK. We appreciate him taking our calls by the way.
                        What reason has he given for suspending accounts ?
                        Comment
                        • InSpades
                          SBR High Roller
                          • 09-23-05
                          • 157

                          #13
                          I trust them.

                          IS
                          Comment
                          • Yoshi
                            SBR Wise Guy
                            • 08-29-06
                            • 548

                            #14
                            But i agree of course that this are dangerous times, there are only a handful books that can be really trusted.
                            I hate to keep my funds low in a book like Trojan, but i wouldnt feel safe with more than a few k there anymore.
                            Comment
                            • Dead Money
                              SBR Wise Guy
                              • 08-30-05
                              • 706

                              #15
                              VERY LAME



                              Was the ink even dry on the paper when these assclowns decided to do this??


                              I have no open wagers in that shit hole, But they are telling me they may break the law and can't send me my money!!

                              I really hope they do the right thing here. If they do not want to conduct business with Americans that is fine, but atleast give us back our money.

                              This pretty much sucks.
                              Comment
                              • SBR_John
                                SBR Posting Legend
                                • 07-12-05
                                • 16471

                                #16
                                Bigloser and TLD and others,
                                I’m not able to provide details to some of your questions that we may know due to it being received in confidence. I apologize for that. I think we can remain a voice with direct communications with the book if we maintain our level of professionalism. We will continue to press this issue you can be assured of that.

                                What we can discuss is the net effect which is freezing players balances. It doesn’t really matter why, its still wrong. I would hope other sites will immediately remove their banners and we can be unified on this issue.
                                Comment
                                • Dead Money
                                  SBR Wise Guy
                                  • 08-30-05
                                  • 706

                                  #17
                                  I just got some really good news though......................
















                                  I just saved a bunch of money on my car insurance by switching to Geico.
                                  Comment
                                  • TLD
                                    SBR Wise Guy
                                    • 12-10-05
                                    • 671

                                    #18
                                    No objection at all here, John.

                                    I trust you’ll continue to let us know what you can, when you can.
                                    Comment
                                    • InSpades
                                      SBR High Roller
                                      • 09-23-05
                                      • 157

                                      #19
                                      If they were going to stiff everyone, they would have just slow payed. Being upfront is a good sign.

                                      IS
                                      Comment
                                      • Dark Horse
                                        SBR Posting Legend
                                        • 12-14-05
                                        • 13764

                                        #20
                                        Originally posted by Dead Money
                                        I just got some really good news though......................
















                                        I just saved a bunch of money on my car insurance by switching to Geico.
                                        LMAO.

                                        F*cking hilarious.
                                        Comment
                                        • tblues2005
                                          SBR Hall of Famer
                                          • 07-30-06
                                          • 9235

                                          #21
                                          Thanks SBRJohn for letting us all know what is going on here with WWTS. I have a friend that had an account with them but he pulled his money out last year after football season. I will make sure I don't even think about opening an account with them now.
                                          Comment
                                          • BuddyBear
                                            SBR Hall of Famer
                                            • 08-10-05
                                            • 7233

                                            #22
                                            Well if this is not a sign that the days of betting online are numbered I don't know what is...an A+ book not taking American players anymore.

                                            To all of you who vote Republican....thank you very much for the wise choices you made in voting religious lunatics into office. Say what you want about Liberals but they don't give a **** about this issue and if this was a liberal Congress rest assure we would not be having these threads.... I know SBRJohn you are a big Bush supporter.....I find it ironic that he is helping to ruin/severely weaken the industry you monitor. Boy...i am sure you wish you had a chance to recast your vote.
                                            Comment
                                            • Yoshi
                                              SBR Wise Guy
                                              • 08-29-06
                                              • 548

                                              #23
                                              Originally posted by BuddyBear
                                              Well if this is not a sign that the days of betting online are
                                              numbered I don't know what is...an A+ book stiffing players.
                                              Noone got stiffed yet stop writing nonsense.
                                              Seriously...your post should be suggested for the "crap of the day" award.
                                              Comment
                                              • Dark Horse
                                                SBR Posting Legend
                                                • 12-14-05
                                                • 13764

                                                #24
                                                From what I've seen, only publicly owned books (legal!) are having to adjust their angle. WWTS showed utter incompetence by waiting too long with, what I imagine is, privatizing the US-share of their market; as other books in similar positions already have.

                                                They could have avoided this drama by simply allowing US players to withdraw their funds, and only 'freezing' their ability to place wagers until further notice. On the other hand, the fact that they want to keep that money in the house suggests, -assuming that they are handling in good faith-, that they have a solution on the horizon.

                                                Staying tuned...
                                                Comment
                                                • Sam Odom
                                                  SBR Aristocracy
                                                  • 10-30-05
                                                  • 58063

                                                  #25
                                                  Originally posted by BuddyBear

                                                  To all of you who vote Republican....thank you very much for the wise choices you made in voting religious lunatics into office.
                                                  Not to get political but name one Dem Senator who voted against the bill or tried to remove the Gambling part out of the bill.

                                                  If you say the Dems didn't know it was in the bill then that is a reason not to vote for them either.
                                                  Comment
                                                  • Dark Horse
                                                    SBR Posting Legend
                                                    • 12-14-05
                                                    • 13764

                                                    #26
                                                    The US government, both sides of the aisle, is a complete joke and utter disgrace, with a level of corruption one wouldn't even expect in a third world country.

                                                    V for Vendetta.
                                                    Comment
                                                    • BuddyBear
                                                      SBR Hall of Famer
                                                      • 08-10-05
                                                      • 7233

                                                      #27
                                                      Originally posted by Yoshi
                                                      Noone got stiffed yet stop writing nonsense.
                                                      Seriously...your post should be suggested for the "crap of the day" award.
                                                      Hey dumb **** do you realize what the term "sign" means.....I am making reference to the industry as a whole. A few hours ago WWTS was rated an A+ and now they are closing shop to American customers. So i guess by your standards this is a positive sign then for American players......

                                                      By the way...don't ever suggest my post as "crap of the day." See how many posts I have and how many you have....now do yourself and everyone on here a favor and leave.
                                                      Comment
                                                      • Sam Odom
                                                        SBR Aristocracy
                                                        • 10-30-05
                                                        • 58063

                                                        #28
                                                        Dark, the gov't wants the tax $$ and/or the Vegas Lobbies wanted offshore dead.
                                                        Comment
                                                        • BuddyBear
                                                          SBR Hall of Famer
                                                          • 08-10-05
                                                          • 7233

                                                          #29
                                                          Originally posted by Sam Odom
                                                          Not to get political but name one Dem Senator who voted against the bill or tried to remove the Gambling part out of the bill.

                                                          If you say the Dems didn't know it was in the bill then that is a reason not to vote for them either.

                                                          Sorry I didn't realize you were a religious lunatic who loves the Republican Party. I guess we have a Republican apologist here with us....

                                                          Bro...not to say that you are a moron but you are. Dems didn't stop it b/c it was attached to a port security bill...with elections coming up you think they are going to criticize a bill that talks about homeland security....

                                                          Who sponsored the bill? Republicans...who have been pushing for the bill from day 1? Republicans....Who believes this is a moral issue that must be regulated? Republicans.... You get the picture if you have a half a brain.

                                                          Also...look it yourself you should be embarrassed. You are sitting here on a gaming forum placing bets which i presume you like to do....and the REPs want to stop you and you are defending them. Are you that brainwashed by them....but the standard response it's the DEMS fault.
                                                          Comment
                                                          • Dark Horse
                                                            SBR Posting Legend
                                                            • 12-14-05
                                                            • 13764

                                                            #30
                                                            I think these totalitarians want total control. And 12 billion a year (6 billion from US and rapidly growing) doesn't fit that bill. They want to know where your dollar is, when and where you earned and when and where you spend it. Offshore loopholes are reserved for the likes of Halliburton...

                                                            The neocons would turn this into a police state in an instant, if they could. Another 'terrorist' attack might just do the trick.

                                                            Torture, indefinite imprisonment without a right to trial, aggressive wars, ruling by fear, wire tapping of citizens, you do the math.

                                                            V for Vendetta.
                                                            Comment
                                                            • BuddyBear
                                                              SBR Hall of Famer
                                                              • 08-10-05
                                                              • 7233

                                                              #31
                                                              Originally posted by Dark Horse
                                                              I think these totalitarians want total control. And 12 billion a year (6 billion from US and rapidly growing) doesn't fit that bill. They want to know where your dollar is, when and where you earned and when and where you spend it. Offshore loopholes are reserved for the likes of Halliburton...

                                                              The neocons would turn this into a police state in an instant, if they could. Another 'terrorist' attack might just do the trick.

                                                              Torture, indefinite imprisonment without a right to trial, aggressive wars, ruling by fear, wire tapping of citizens, you do the math.

                                                              V for Vendetta.
                                                              Bravo Dark Horse....this is a great post. V for Vendetta is a tremendous flick that I recommend everyone watch.
                                                              Comment
                                                              • Sam Odom
                                                                SBR Aristocracy
                                                                • 10-30-05
                                                                • 58063

                                                                #32
                                                                Originally posted by BuddyBear

                                                                Sorry I didn't realize you were a religious lunatic who loves the Republican Party.
                                                                Your ad hominem attack is duly noted. So your final answer was ZERO Dems. Thanks
                                                                Comment
                                                                • Scorpion
                                                                  SBR Hall of Famer
                                                                  • 09-04-05
                                                                  • 7797

                                                                  #33
                                                                  I requested my neteller withdrawal yesterday very early in the morning. I think I know what they are trying to do. They need more time to find the best excuse for not paying people and STEAL their money!

                                                                  FUKKING THIEVES!
                                                                  These bastards are worse than BOS!

                                                                  Nicole Griffith: until further notice, it will not be possible for US residents to place wagers or make deposits on, or make withdrawals from, any website owned or operated by any company in the Betcorp group. This account freeze will remain in place until such time as Betcorp has fully assessed its legal position.

                                                                  ME: Well, thats not a smart answer to tell your customers.
                                                                  ME: You should at least tell me when I am going to get my funds

                                                                  Nicole Griffith: Unfortunately I will not be able to give you an answer as to when your funds will be available to you
                                                                  Comment
                                                                  • bigloser
                                                                    SBR Wise Guy
                                                                    • 07-19-06
                                                                    • 787

                                                                    #34
                                                                    Originally posted by Sam Odom
                                                                    Not to get political but name one Dem Senator who voted against the bill or tried to remove the Gambling part out of the bill.
                                                                    It was a Republican bill.. That it was attached to a bill concerning nationa security meant it had to go through.

                                                                    Would not be where we are today if Dems were in
                                                                    Comment
                                                                    • BuddyBear
                                                                      SBR Hall of Famer
                                                                      • 08-10-05
                                                                      • 7233

                                                                      #35
                                                                      Originally posted by Sam Odom
                                                                      Your ad hominem attack is duly noted. So your final answer was ZERO Dems. Thanks
                                                                      you are right Sam...this is totally the DEMs fault. Everything is the DEMS fault. The DEMS pushed the anti-gaming provision of the bill....you have your history correct. Let me guess there are WMDs in Iraq too I guess some people will believe anything they are told.
                                                                      Comment
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