WSEX , are they paying ?

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  • bigloser
    SBR Wise Guy
    • 07-19-06
    • 787

    #1
    WSEX , are they paying ?
    Just had info on their 11% bonus should I take advantage ?
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    They are slow paying right now
    Comment
    • rolemand
      SBR MVP
      • 03-24-06
      • 1033

      #3
      I haven't heard of anyone that's been paid, including myself. What get's me is why they would insist on a Fed EX fee when the expectation is you're getting your $$ in a couple days. If you pay $XX for a Fed Ex check and it doesn't arrive for 2 weeks, you got screwed. I of course went the cheap route and said sent it regular mail. At least when it FINALLY shows up in my mailbox I won't feel screwed out of some more $$.
      Comment
      • louis
        SBR Wise Guy
        • 09-23-06
        • 763

        #4
        They refunded my fee to my account

        I requested about $1K by Fed Ex about 10 days ago and have not received it yet.

        I asked WSEX to refund the $30 fee and they did without hesitation.
        Comment
        • Scooter
          SBR MVP
          • 01-15-07
          • 1159

          #5
          Requested several payouts via FedEx as far back as 10 days ago.

          On 1/24, told the first payout had been mailed.

          Have been told on a daily basis since 1/24 that the checks will definitely arrive the next day.

          Nothing has arrived yet. No tracking numbers yet.

          Also, found out that no check of mine has yet been processed.
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388179

            #6
            Slow paying because of banking issues though, not actually wsex fault.
            Comment
            • freebie
              SBR MVP
              • 08-10-05
              • 1174

              #7
              I had been with WSEX for over 2 years and not once had they ever email me with promotion.

              Today I'm getting an email from WSEX about 20% promotion.
              I heard so many slow pays from WSEX and matchbook. I requested to transfer all my money to Olympic.
              Comment
              • new2betting
                SBR High Roller
                • 01-23-07
                • 202

                #8
                Looks like WSEX is desperate to get more funds from people and not paying them back.

                They've done so many ways to stall pay-outs.

                They clearly do not deserve an A+ rating.

                More like a C+.

                Maybe they want to get money from Peter to be able to pay Paul...it does look this way.
                Comment
                • Scorpion
                  SBR Hall of Famer
                  • 09-04-05
                  • 7797

                  #9
                  Now we all know the only true A+ book is Olympic
                  Comment
                  • Scorpion
                    SBR Hall of Famer
                    • 09-04-05
                    • 7797

                    #10
                    Originally posted by freebie
                    I had been with WSEX for over 2 years and not once had they ever email me with promotion.

                    Today I'm getting an email from WSEX about 20% promotion.
                    I heard so many slow pays from WSEX and matchbook. I requested to transfer all my money to Olympic.
                    its says 20% but isnt the max bonus ony $200

                    They have done this before


                    *Maximum bonus is $220 on a $2,000 deposit. Bonus requires a 4x rollover in the sportsbook. WSEX uses the amount risked in calculating bonus rollovers. "Live betting" does not count towards rollover requirements. Unearned bonus money may not be used in the poker room. Accounts without sportsbook activity for 30 days will have their deposit bonus rescinded.
                    Comment
                    • Dark Horse
                      SBR Posting Legend
                      • 12-14-05
                      • 13764

                      #11
                      Originally posted by new2betting
                      Looks like WSEX is desperate to get more funds from people and not paying them back.

                      They've done so many ways to stall pay-outs.

                      They clearly do not deserve an A+ rating.

                      More like a C+.

                      Maybe they want to get money from Peter to be able to pay Paul...it does look this way.

                      I would read it differently. A bonus locks people in for a while, (and a pre-SB bonus is good timing), which is precisely the right strategy to get everybody past the present panic wave. It's a way of buying some time until people calm down.

                      In the present climate I wouldn't even blame quality books for slow-paying, because that too would have a stabilizing effect (although involuntary, as opposed to the voluntary bonus). If you picked your books carefully you know they have your money. They do, I would assume, need a certain amount of action to cover their overhead.

                      Too much fear, not enough reason. The US government is loving this.
                      Comment
                      • Scorpion
                        SBR Hall of Famer
                        • 09-04-05
                        • 7797

                        #12
                        "We're working on better payment methods which should be up and running in the next couple of weeks," disclosed Hayden Ware of World Sports Exchange. "Players just need to be patient and give us time to put these new systems in place.".
                        Gambling911.com Betting on the NBA Playoffs, Betting Baseball, Online Gambling News, Poker


                        What is JCs take on the WSEX situation??

                        How are they handling the bank wire withdrawals?
                        Comment
                        • durito
                          SBR Posting Legend
                          • 07-03-06
                          • 13173

                          #13
                          Originally posted by new2betting
                          Looks like WSEX is desperate to get more funds from people and not paying them back.

                          They've done so many ways to stall pay-outs.

                          They clearly do not deserve an A+ rating.

                          More like a C+.

                          Maybe they want to get money from Peter to be able to pay Paul...it does look this way.

                          You sound like you are new to betting this month.

                          WSEX earned it's rating over many years. The current problems are completely understandable at the moment. I consider them probably the safest book to play with right now.
                          Comment
                          • Chuck Sims
                            SBR MVP
                            • 12-29-05
                            • 3072

                            #14
                            WSEX is the best of the best in off-shore sportsbooks. I would definitely take advantage of the rare WSEX bonus offer. Pinnacle and CRIS are also having delays in processing check WD's.

                            Its the USA government thats the problem. Your money will arrive soon enough.
                            Comment
                            • 707782
                              SBR High Roller
                              • 01-21-06
                              • 170

                              #15
                              Wsex Is The Safest And Best Out There, If You're Worry About Wsex Not Paying You, Then You Shouldn't Even Gamble Anyway. That's All I Got To Say.
                              Comment
                              • bigloser
                                SBR Wise Guy
                                • 07-19-06
                                • 787

                                #16
                                Originally posted by Chuck Sims
                                WSEX is the best of the best in off-shore sportsbooks. I would definitely take advantage of the rare WSEX bonus offer. Pinnacle and CRIS are also having delays in processing check WD's.

                                Its the USA government thats the problem. Your money will arrive soon enough.
                                by WSEX
                                But money is coming out of Cris and Pinacle. To date NO reported US payment .
                                Not a slow pay but NO PAY
                                Comment
                                • chano
                                  SBR Wise Guy
                                  • 07-02-06
                                  • 602

                                  #17
                                  Anybody that sends funds and wagers with any offshore sportsbooks (including all the so called top books), should have their heads examined. There are not any safe books out there anymore. The U S gov has ****** it all up and it looks like they are not going to slow down any. Find a local, forget about offshore. Take a look at the events that have taken place over the last 6 months. Do you guys see a pattern ? Where will we be in 6 months if the trend continues. Think about it? It really is over!!!
                                  Comment
                                  • marc
                                    SBR MVP
                                    • 07-15-05
                                    • 1166

                                    #18
                                    Bigloser,

                                    why are you blaming wsex, when you should be blaming Neteller. If neteller would allow merchnats to SEND funds to US cusotmers, WSEX wouldn't be having this problem.

                                    Remember WSEX, got totally screwed by the Pinnacle promotion. They had a ton of people depositing huge sums of cash via neteller to them. Then a couple of days later, neteller comes and says, we're freezing all US accounts as well as some merchant accounts. I'm sure Neteller is withholding a hefty sum of wsex's money

                                    As for the checks, citadel and Chexx were the best processors out there followed by Solidpay. Citadel and solidpay dropped out on the 16th, nd Chexx is dropping out next week. SO books like WSEX are forced to find new proccessors, the one overseas are very very slow.

                                    You have to cut these guys some slack, and put the blame on Neteller where it belongs.
                                    Comment
                                    • bigloser
                                      SBR Wise Guy
                                      • 07-19-06
                                      • 787

                                      #19
                                      Everyone said Pinacle was the best and would not leave the US. Shouldn't WSEX and all the other books have wondered what was going on with Pinnacles surprisingly quick decision.

                                      The fact of it is ,it isnt Netellers or WSEX' fault, it is the US governments. They are just loving people like you distracting attention from this fact.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #20
                                        WSEX worth about 15 million, no money issues.
                                        Comment
                                        • chano
                                          SBR Wise Guy
                                          • 07-02-06
                                          • 602

                                          #21
                                          Originally posted by jjgold
                                          WSEX worth about 15 million, no money issues.
                                          How did you come up with that figure ?
                                          Comment
                                          • bigloser
                                            SBR Wise Guy
                                            • 07-19-06
                                            • 787

                                            #22
                                            Originally posted by jjgold
                                            WSEX worth about 15 million, no money issues.
                                            Would that be enough ?
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              Yes $15 million is way more than enough, WSEX can pay every customer 2x times over and still have cash in reserve.


                                              Chano I am privy to certain inside info
                                              Comment
                                              • bigloser
                                                SBR Wise Guy
                                                • 07-19-06
                                                • 787

                                                #24
                                                Originally posted by jjgold
                                                Yes $15 million is way more than enough, WSEX can pay every customer 2x times over and still have cash in reserve.


                                                Chano I am privy to certain inside info
                                                They are a lot smaller than I thought. Just shows how small the offshore market is compared to the big UK books.
                                                Even some of the smaller ones are bigger than that.
                                                Comment
                                                • slash
                                                  SBR MVP
                                                  • 08-10-05
                                                  • 1000

                                                  #25
                                                  Blaming NETeller on the delays is bs. How can Pinnacle and Mansion pay non-US players through NETeller as usual, if funds are locked up? Why aren't Pinnacle and Mansions money locked at NETeller? So it seems kind of strange if WSEX can't access their NETeller funds when Pinnacle and Mansion can and then use this as an excuse for not paying players by any means at all.
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388179

                                                    #26
                                                    No worries here, I have 11,450 in their (wsex)

                                                    Steve will confirm and not even a bit concerned.
                                                    Comment
                                                    • TLD
                                                      SBR Wise Guy
                                                      • 12-10-05
                                                      • 671

                                                      #27
                                                      Marc, SolidPay didn’t drop out of check processing for U.S. customers (unless it’s happened in the last few hours or something). They have an affiliated Neteller-like business that does money transfers, and they did indeed cut U.S. customers out of that almost immediately after Neteller made the same decision. But many, many sportsbooks still use SolidPay to process their checks. At least half of the sportsbook checks I’ve gotten these last couple weeks are SolidPay checks.
                                                      Comment
                                                      • Chuck Sims
                                                        SBR MVP
                                                        • 12-29-05
                                                        • 3072

                                                        #28
                                                        bigloser, why come across as a complete fool? Nobody said Pinnacle would never leave the U.S. market. It was said Pinnacle would NEVER stiff anyone.

                                                        You say WSEX is a "no pay". Total BS. I withdrew money from WSEX via sportsbook transfer last week. Transfer was completed at their end within 5 minutes. The U.S. government has created problems for the short term. You'll get paid soon enough.
                                                        Comment
                                                        • bigloser
                                                          SBR Wise Guy
                                                          • 07-19-06
                                                          • 787

                                                          #29
                                                          I have no money in WSEX , my question was has anyone been paid as I am thinking of depositing. Still no reported US withdrawals (from what I have read on this board), I dont count sportsbooks transfers.
                                                          Until someone comes forward with reports of payments received they have to be considered a no pay.
                                                          FWIW I think all the scaremongering going on regarding Neteller etc is bullshit. A couple of weeks ago neteller was everyones favorte. Nothing has changed there but all of a sudden they are a bunch of crooks. Why are Neteller so wrong when WSEX arent ?
                                                          Comment
                                                          • Chuck Sims
                                                            SBR MVP
                                                            • 12-29-05
                                                            • 3072

                                                            #30
                                                            I think you should consider sportsbook transfers by WSEX. The Greek is still doing business with WSEX along with Pinnacle. These are the big boys and most respected.

                                                            The best I can come up with why WSEX, along with the other top shelf books on why the long delay is that they use a third party to issue checks. They must be swamped. Another thing also is that they may have to change banks due to the shitty USA government making life miserable.

                                                            Any posting outrage should be directed at the U.S. government.
                                                            Comment
                                                            • bigloser
                                                              SBR Wise Guy
                                                              • 07-19-06
                                                              • 787

                                                              #31
                                                              Originally posted by Chuck Sims
                                                              Any posting outrage should be directed at the U.S. government.
                                                              And VIP
                                                              Comment
                                                              • Doug
                                                                SBR Hall of Famer
                                                                • 08-10-05
                                                                • 6324

                                                                #32
                                                                Who is WSEX transfering with and do they charge any fees ?

                                                                I left CRIS because they charge to transfer to other books, damn gougers !
                                                                Comment
                                                                • Chuck Sims
                                                                  SBR MVP
                                                                  • 12-29-05
                                                                  • 3072

                                                                  #33
                                                                  Doug, WSEX transfers with any Antigua sportsbook and The Greek. I do not know if they have expanded their list. When I transferred the money I am not sure what they charged me.
                                                                  Comment
                                                                  • Doug
                                                                    SBR Hall of Famer
                                                                    • 08-10-05
                                                                    • 6324

                                                                    #34
                                                                    Any book charging for a transfer is gouging you.
                                                                    Comment
                                                                    • freebie
                                                                      SBR MVP
                                                                      • 08-10-05
                                                                      • 1174

                                                                      #35
                                                                      Wsex charged me $50 to transfered to Olympic, but Matchbook didn't.
                                                                      Comment
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