Creditwagering - I want you guys to know something.

[Panic]

Getting stiffed is not the main thing right now , it is why all the deception and what may happen later down the road.

Why give all your personal info to a complete stranger that you have no idea who they are , where they are, and they have no phone ?

Remember pyramid scemes ? People keep getting paid over and over for so long then boom, all gone.

There business model is so flawed it is insane. I am sure in time they will hope people will post up 5k to have a 11k credit limit and then watch out. It looks enticing does it not ?

Why send 5k to an A book when you can send it to them and have 11k limit. In order to scam people you have to pay first and I would be very skeptical midway thru football.

You can not give 1k credit to every Tom , Dick and Harry
and survive.

I still find it strange that BigBoyDan discovered them when no one else ever heard of them.

Couldn't agree more.

[purecarnagge]

I don't expect John to endorse them, if I were in his position I wouldn't either. As a player all I can say is they've paid me when I've won, and I've settled my losses as well.

Whether or not they crash and burn in the future is anybody's guess, but I don't think players have anything to worry about from a legal perspective. The onus would be on CW should they be based in an illegal jurisdiction, which I really have no idea if they are or aren't.

Crazyl, I'm glad your willing to risk IRS audits for the next couple of years and having the FBI coming to your door all over a credit shop when you could just go somewhere else.

CW is a lot of risk compared to the reward. Your taking additional risk for almost no real advantage. Unless your gambling with money you don't have which is just stupid to begin with.

[frostno98]

Not saying I havent heard a bad thing, Pokernut. But I've also heard a bad thing about BetJam, about 5 Dimes,about...every book. So what should I do? Say they all suck? I'll tell you this, up until tonight, I have not seen a thread of some getting stiffed by CW. Have you? If you have, please post it. Also when I see guys like Crazyl, IWin, Topgame, and others here, say they have been paid then i listen. These guys I trust. They would have no reason to bullsh!t people here.

You can't really complain when a book is offering you free money to convert into real money, and if you lose you'll probably don't even have to pay them. That's why your hearing nothing negative about CW, 90% of the folks currently playing their probably didn't even have to use a penny to get some free cash and a debit card.

[flyingillini]

Thats some serious sh!t, Fly. If thats happening then its only a matter of time before they're gonna. And the funny thing is, its because of the players that tried to fvck 'em, not anything they did.

Exactly what I was thinking. Just imagine if you were a gambler and you were a scumbag piece of shiit. If you worked at a job where you had peoples personal information you would have unlimited amount of shots being taken at CW. I hope it's not true. I personally hope nothing happens to CW. I do not play there but it seems like a good thing but who knows.

[bettilimbroke999]

Getting stiffed is not the main thing right now , it is why all the deception and what may happen later down the road.

Why give all your personal info to a complete stranger that you have no idea who they are , where they are, and they have no phone ?

Remember pyramid scemes ? People keep getting paid over and over for so long then boom, all gone.

There business model is so flawed it is insane. I am sure in time they will hope people will post up 5k to have a 11k credit limit and then watch out. It looks enticing does it not ?

Why send 5k to an A book when you can send it to them and have 11k limit. In order to scam people you have to pay first and I would be very skeptical midway thru football.

You can not give 1k credit to every Tom , Dick and Harry
and survive.

I still find it strange that BigBoyDan discovered them when no one else ever heard of them.

They have my picture and address which you could get by looking my name up in the telephone book and taking a picture of my beautiful mug as I walk by, not sure what you mean by "all your information", back when they asked for last 4 of SS# I would agree with you but now you give them your name/address and pic that's it, I mean you'd have had to give them your name/address anyway since they'd have to have some place to mail your payout, throw in a pic and that's it

[SBR Lou]

Crazyl, I'm glad your willing to risk IRS audits for the next couple of years and having the FBI coming to your door all over a credit shop when you could just go somewhere else.

CW is a lot of risk compared to the reward. Your taking additional risk for almost no real advantage. Unless your gambling with money you don't have which is just stupid to begin with.

Gamblers should pay taxes period, not just because they're playing at some anonymous credit shop.

I agree gambling with money one doesn't have is a bad proposition, but having an extra out with a weekly debit card payout isn't really so bad. I'd rather play on credit at a shop that pays the same day every week than post up at a D book that takes 3 weeks to issue a check.

Is the safer option strictly posting up at A+ books? Absolutely. But sometimes one deviates from that for whatever reason, be they deposit options, softer lines, scalping opportunities, bonuses etc. Just the other day I deposited a nickel into a D book simply because I had 10 minutes prior to a game starting, and no A book could service me that quickly.

[ShamsWoof10]

Like a few of you guys said there is nothing illegal about placing bets but you could still get tied up in this when it goes bad. You could be contacted as a witness or to make a sworn statement. This kind of operation really pisses the wrong people off. I just think it would be smart to keep your personal info from them.

This is one thing that really irritates me about ALL the posters here... Most of them KNOW it's not illegal to place a bet online from MOST U.S. states but the same people will still suggest that it is and not really know they are until they are corrected... "oh yeah.. yeah it's legal to bet but what I meant was...." give me a break...

IT'S LEGAL TO BET ....now I"m sure at some point soon some dipsh*t will come out and say the same sh*t about the Feds busting in and arresting you for betting....

[pokernut9999]

They have my picture and address which you could get by looking my name up in the telephone book and taking a picture of my beautiful mug as I walk by, not sure what you mean by "all your information", back when they asked for last 4 of SS# I would agree with you but now you give them your name/address and pic that's it, I mean you'd have had to give them your name/address anyway since they'd have to have some place to mail your payout, throw in a pic and that's it

If you win you have to give a picture of your DL which a lot of states use social securiy numbers. I am sure people with a copy of a DL could get all the info they wanted.

[bettilimbroke999]

If you win you have to give a picture of your DL which a lot of states use social securiy numbers. I am sure people with a copy of a DL could get all the info they wanted.

Dude you edit out your DL# and SS# (though my state already has SS on file on my DL as do most states). You'd have to be an idiot to give them your full DL# and SS#, CW just wants your DL as proof that your info is real and to add to their stiff page if you stiff them other than that they don't give a shit who you are.

[Wheell]

Credit Wager has to be considered a time bomb. They are shady in ways not usually seen in the industry. My advice to to avoid them. They might be as destructive as Cascade in their own way.

[Iwinyourmoney]

I just had a long conversation with CW. From what I am told about everything (they have always been straight up with me) I am satified with what they have told me.

[Wheell]

Friends don't let friends play blackjack at tables that allow you to bet into incredibly soft lines. Bad example?

[flyingillini]

I just had a long conversation with CW. From what I am told about everything (they have always been straight up with me) I am satified with what they have told me.

What do you think they are going to tell you? They aren't going to tell you something that will look incriminating.

[Nicky Santoro]

I just had a long conversation with CW. From what I am told about everything (they have always been straight up with me) I am satified with what they have told me.

if i went by everything these books have told me in the last 15 yrs offshore, i'd be a millionaire today. ive had books that i have run up my acct too high and i'd hear bad things about them on the forums and they'd say.. nicky, you dont have to worry about your money buddy, your money here is safer than a bank.. and i'd hang up feeling great, until 2 days later when i read they folded and took off with everyone's money. this has happened to me offshore about 11x, NO FREAKIN JOKE.

these guys are such smooth operators and are cons, and will say what you want to hear. not saying they will steal your money yet, but don't beleive a freakin word these a-ssholes tell you.. THEY ARE ALL CON MEN.

[bettilimbroke999]

Soon you all will be abandoning matchy, betjam, bookmaker etc. and posting up 10 dimes at CW . Get used to it CW is the future!

[Iwinyourmoney]

Friends don't let friends play blackjack at tables that allow you to bet into incredibly soft lines. Bad example?

Its not the only place I play. I play local bookie and play them also. I understand the crappy lines and whatever. I play there for $200 a side and my bookie for 300-1000 a side

[Iwinyourmoney]

WTF is the difference in CW and Blackdog? Just because blackdog opens there doors to SBR? Ya let me send my W-2 to a book.............

[frostno98]

I would just like to add this, what would happen if Creditwagering debit card suddenly seize to exist and went offline? I wonder how they would process payouts, since they don't really offer anything else as an option. It can happen sooner than everyone thinks, like what happened to Intertops and Justbet who are both well establish books that already lost their debit card as a payout option.

[Iwinyourmoney]

I have recieved a check and 2 ** payouts from them before. They can make stuff work

[Iwinyourmoney]

Haha that reminds me. They sent me MoneyGram payouts and to pick them up you have to know WHERE they came from (country and stuff).

Well boys....I guarentee you they didnt come from the USA.

Well that puts the end to my worries, I forgot all about that shit.

[SBR_John]

WTF is the difference in CW and Blackdog? Just because blackdog opens there doors to SBR? Ya let me send my W-2 to a book.............

Well one difference is CW has no place. They are not located in CR yet they say they are. That it is strange. In my expierence guys only say they are in CR when they are in the USA using remote server. I wouldnt send my info to either of these places.

We could could go over the math again but basically they have a -5% profit margin with their current model.

[bigboydan]

I still find it strange that BigBoyDan discovered them when no one else ever heard of them.

Because It's my job to prevent SBR posters from possibly getting scammed.

[bigboydan]

I'm surprised nobody has mentioned this theory at all yet. Could it be possible that this could be the U.S. government's latest tactic to fight online gaming transaction from happening?

[madmaxx]

I'm surprised nobody has mentioned this theory at all yet. Could it be possible that this could be the U.S. government's latest tactic to fight online gaming transaction from happening?

If anyone ever used to watch Shop at Home at like 2am for the baseball card show with Don West, the guy who does the calling for CW sounds exactly like Ken from that show with the overly excited and every word stressed voice when asked a question. I guess they could be feds but where does Carlos fit in?!?!

They were NOT happy when I asked if he was hired to clean the plasticware after lunch

[MBENZ]

Seeing as John has been around this for a long time,I would think a word to the wise would be sufficient.

[smallon]

Thankfully I've never given them my ID.

[JBC77]

I've made warnings before about this book but SBR gets a lot of new people so please let me cover a few points.

1) Its a house of cards. One day it will be no more. We have covered this before but the business math simply does not work.

2) They claim to be in CR but folks, they are not. They most likely run this remotely from the good ole USA. I dont have proof of this but I strongly suspect it. No one in Costa Rica has ever heard of them. SBR has asked to inspect their facility and they have refused. They simply dont have one and they are not here.

3) The Feds will get them if they dont fail first and when they do they will get your records. If you are 100% clean on your taxes and everything else then probably no worries.

This will end messy. If you want to avoid the bad ending do not send them a photo ID or any other personal info.

Good to see someone who knows the industry shed a little light on this. I've been saying this from day one of the CW threads and I'm no industry expert. Not too hard to figure out when something smells this bad.

If the Feds don't get your info.....don't worry, these guys will sell the database to some straight shooters.....

[jjgold]

I doubt they will be around after football

[bettilimbroke999]

Man you guys are some paranoid fuks, get on some antianxiety meds pronto. They have your name and address that's it, that's the least info any online sportsbook requires, there is virtually nothing anyone can do with just that info, open the phonebook and get the name/address of everyone in town, they want a picture ID to make sure you didn't do just that. CW is a legit book and probably my favorite book at this point b/c I don't bet much on MLB anyway as it's pure luck, football season might want to make some 2-300 bets and CWs 100 limits might get old, but for MLB it's perfect for me and no pay in advance bullshit like the other books, why would I pay in advance, I wouldn't bet if I planned on losing

[pokernut9999]

Because It's my job to prevent SBR posters from possibly getting scammed.

No one at any forum had ever heard of them , or mentioned them before your post.

Then you make a post about them and every forum lights up like a Christmas tree talking about them.

Sometimes things are better left unsaid , I wonder why.

[Richkas]

Creditwagering is a a++ book

a must have out, they pay fast

[pico]

well, let the rugrats learn a lesson. i know there are groups of die hard CW fans here. no point of arguing with them right now until the shit has hit the fan.

there is no free money, i'd be careful with any credit shops that give out credits too easily. the correct credit shop business model is something like Jazz's.

[pico]

I'm surprised nobody has mentioned this theory at all yet. Could it be possible that this could be the U.S. government's latest tactic to fight online gaming transaction from happening?

no...that is just absurd. the law is against booking not wagering.

[pokernut9999]

no...that is just absurd. the law is against booking not wagering.

I was laughing about that theory also. Maybe he will explain how that could work.

[pico]

I was laughing about that theory also. Maybe he will explain how that could work.

dan is just looking out for the newbies. he might exaggerated a bit, but i do agree with john's assessment that cw's shit will hit the fan soon. when it does, expect 50+ cw threads a day.