Is Credit Wagering The Real Deal Or Not? I Will Tell You The Answer To That Tonight!!

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  • bowlingreenSUX
    SBR Wise Guy
    • 01-07-08
    • 728

    #1
    Is Credit Wagering The Real Deal Or Not? I Will Tell You The Answer To That Tonight!!
    Summary Of My Expierence At Creditwagering.com....

    Sunday-win 620.00 In 1 Day...

    Monday Tuesday Wendsday... Waiting For Wend. So They Cant Start My Payout..

    Wends. Night...i Scan My Id And It Gets Approved They Say My Card Is On The Way..

    Thursday...i Receieve My Card And They Tell Me To Wait Till 6 Pm On Friday To Get My Payout.. I Say Ok

    Friday.. I Go To Atm At 6:45 - The Card Doesnt Work

    Friday 7:00- I Go To Credit Wagering And They Tell Me To Look Again At 8:00 And That It Will Be There.. I Say Ok...

    Its Now 7:15 And I Will Be Going In 45 Minutes... If This Place Is Legit I Will Give It Alot Of Buisness ... If Its Not Legit I Will Make Sure Everyone Knows... Lets Wait And See ... I Will Be Back At 8:30
  • compaqDikk
    SBR Hall of Famer
    • 10-08-05
    • 5699

    #2
    A+; must have out
    Comment
    • JED
      SBR High Roller
      • 09-01-05
      • 108

      #3
      was paid moneygram today, they are having problems with cards
      Comment
      • bowlingreenSUX
        SBR Wise Guy
        • 01-07-08
        • 728

        #4
        Well Whatever , I Just Hate The Run Around, I Will Take A **, I Dont Care..
        Comment
        • BeatTheJerk
          BARRELED IN @ SBR!
          • 08-19-07
          • 31794

          #5
          you were wrong about BowlingGreen this year thusfar
          Comment
          • Cloak & Dagger
            SBR MVP
            • 11-15-07
            • 4781

            #6
            Originally posted by JED
            was paid moneygram today, they are having problems with cards
            they do moneygram for payouts now?
            Comment
            • bowlingreenSUX
              SBR Wise Guy
              • 01-07-08
              • 728

              #7
              Beat The Jerk, I Know...
              Comment
              • bowlingreenSUX
                SBR Wise Guy
                • 01-07-08
                • 728

                #8
                Im Going To Get Food And To The Atm... I Will Be Back At 8:30 To Tell U What Happend... See U Then
                Comment
                • Brock Landers
                  SBR Aristocracy
                  • 06-30-08
                  • 45359

                  #9
                  well?
                  Comment
                  • bowlingreenSUX
                    SBR Wise Guy
                    • 01-07-08
                    • 728

                    #10
                    didnt go so well, supposivley i am getting a call at 9 am from ben for a money gram payout.. i will update after 9 am 2 morrow...
                    Comment
                    • bowlingreenSUX
                      SBR Wise Guy
                      • 01-07-08
                      • 728

                      #11
                      Money Gram Or On The Card... We Will See What Happens... I Want It Before Sunday I Wanna Bet Sunday
                      Comment
                      • gm2022
                        SBR MVP
                        • 02-28-08
                        • 4128

                        #12
                        Originally posted by bowlingreenSUX
                        Money Gram Or On The Card... We Will See What Happens... I Want It Before Sunday I Wanna Bet Sunday
                        ty for the updates!
                        Comment
                        • SBR_John
                          SBR Posting Legend
                          • 07-12-05
                          • 16471

                          #13
                          Be careful guys. A couple of weeks of the favorites winning and their 15 minutes will be up.
                          Comment
                          • Panic
                            SBR Posting Legend
                            • 01-06-08
                            • 10367

                            #14
                            What do you know, John? That we dont?
                            Comment
                            • Richkas
                              SBR Posting Legend
                              • 02-03-08
                              • 19396

                              #15
                              Originally posted by SBR_John
                              Be careful guys. A couple of weeks of the favorites winning and their 15 minutes will be up.

                              You act like it would be post up money.


                              They are here to stay.
                              Comment
                              • MonkeyF0cker
                                SBR Posting Legend
                                • 06-12-07
                                • 12144

                                #16
                                He's seen a lot of books come and go. That's all, Panic. We've all been saying the wheels will fall off of this thing eventually. I honestly don't think they'll make it through football season. It means a lot more players will be taking shots at them...
                                Comment
                                • SBR_John
                                  SBR Posting Legend
                                  • 07-12-05
                                  • 16471

                                  #17
                                  I know if you produce a widget for $1 and sell it for .90 your days are numbered. We broke down their business model once before in a very thought out thread with industry guys and their consensus profit margin is about -10%.

                                  Now some will argue that's the cost for starting up, like marketing costs. I could buy that assuming there was another part of the plan. But for now it seems that they think they can make a -10% profit margin work. As sure as your reading this; it won't.
                                  Comment
                                  • Panic
                                    SBR Posting Legend
                                    • 01-06-08
                                    • 10367

                                    #18
                                    Monkey and John, I'm with ya. I just cant be the only one amazed that they have lasted this long. I have to give them credit for that. And i find it hard to believe that they would fold quickly with putting this much into it.
                                    Comment
                                    • pavyracer
                                      SBR Aristocracy
                                      • 04-12-07
                                      • 82869

                                      #19
                                      Originally posted by SBR_John
                                      I know if you produce a widget for $1 and sell it for .90 your days are numbered. We broke down their business model once before in a very thought out thread with industry guys and their consensus profit margin is about -10%.

                                      Now some will argue that's the cost for starting up, like marketing costs. I could buy that assuming there was another part of the plan. But for now it seems that they think they can make a -10% profit margin work. As sure as your reading this; it won't.
                                      How dare you question Richkas? Saying A+ book must have is like Tony the Tiger saying: "They are greaaaaaaaaaaat!"

                                      You still buy cereal, don't you SBR John?
                                      Comment
                                      • Poker_Beast
                                        SBR Hall of Famer
                                        • 09-14-06
                                        • 6547

                                        #20
                                        GL on getting your cash!
                                        Comment
                                        • MonkeyF0cker
                                          SBR Posting Legend
                                          • 06-12-07
                                          • 12144

                                          #21
                                          I would think that their negative profit margin would actually shrink over time, John. The amount of shots at them would likely remain somewhat constant it would seem, while the number of paying players in their client base would increase, albeit slowly, since those players would have profitable weeks as well. Whether that profit margin would rise to a level of profitability is doubtful, however. Or were the calculations based on the idea that more paying players meant more exposure to the public through word of mouth, thus more shots taken?
                                          Comment
                                          • keystonekid
                                            SBR Sharp
                                            • 09-11-08
                                            • 487

                                            #22
                                            My cousin does creditwagering.com and got paid about $400 via money gram at Wall Mart or something like that in about 5 days. So, I guess they pay. Good luck.
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              I have not been hammering them because I see no issues right now but I am watching closely. What fair is fair.
                                              Comment
                                              • LT Profits
                                                SBR Aristocracy
                                                • 10-27-06
                                                • 90963

                                                #24
                                                It looks like they will be sending a lot of MGs today. The debit card issue was not resolved as of last night. That's fine for the bigger winners though because they could pick up all of their money at once. The cards have daily limit of 500.
                                                Comment
                                                • bowlingreenSUX
                                                  SBR Wise Guy
                                                  • 01-07-08
                                                  • 728

                                                  #25
                                                  profits , i talked to ben, he assured i would have the money on monday, he seemed like a nice guy, i trust them...he re assured me they are in this for the long haul, i dont get it , i am gonna screw with all the stiffs after i get payed and tell them to pay up lol, if u lose YOU PAY.. if u win u GET PAID...simple as that... i like credit wagering so far
                                                  Comment
                                                  • gm2022
                                                    SBR MVP
                                                    • 02-28-08
                                                    • 4128

                                                    #26
                                                    Good to hear!
                                                    Comment
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