WSEX Personal Check Deposit Option

**TeamPlayer** · 03-27-09, 10:17 PM

Originally posted by paulw79

Hello everyone,

I wouldn't recommend using a personal check for depositing funds at WSEX (with the payee name blank as instructed). The funds were placed in my account but soon after someone called my house asking why I had sent them a personal check. The person claimed they requested a withdrawal of funds from WSEX and my check is what they received as compensation.

Also I have a withdrawal request pending for 50+ days. I doubt I'll ever see the money given the recent payout issues and other tatics they are resorting to.

That's the most sketchy thing I've head regarding a sportsbook. Is this a joke?

**DukeJohn** · 03-27-09, 10:45 PM

Originally posted by paulw79

Hello everyone,

I wouldn't recommend using a personal check for depositing funds at WSEX (with the payee name blank as instructed). The funds were placed in my account but soon after someone called my house asking why I had sent them a personal check. The person claimed they requested a withdrawal of funds from WSEX and my check is what they received as compensation..

**paulw79** · 03-27-09, 11:11 PM

Originally posted by TeamPlayer

That's the most sketchy thing I've head regarding a sportsbook. Is this a joke?

This is not a joke. I created this thread to raise awareness about what could happen if someone attempts to fund their WSEX account using a personal check. I'm also interested to see if this has happened to anyone else.

**playz** · 03-27-09, 11:42 PM

that is the shadiest thing I have ever heard if true. WOW

**TeamPlayer** · 03-28-09, 12:31 AM

Paulw79,

Please file a formal complaint with SBR to resolve this issue immediately.

**paulw79** · 03-28-09, 09:44 AM

I filed a formal compliant with SBR. I'll update this thread if I receive any additional information.

**MrX** · 03-28-09, 10:31 AM

Yikes.

**thecarter** · 03-28-09, 02:31 PM

I guess I won't be seeing the money I requested 30+ days anytime soon......

**WileOut** · 03-28-09, 09:47 PM

I'm not saying your story isn't true paul79, but it is very strange that about 90% of the complaints about WSEX come from people with 10 posts or less and/or just joined.

Seems like this post may be an attempt to just let certain people know of WSEX's new deposit method. It would be shocking if this were really true but I doubt it is. It's just way out there. But who knows.

thecarter is another less than 10 post guy with problems. What a coincidence. Again I'm not saying you arent right but its just strange thats all.

Is there any regulars here that are having trouble with WSEX?

**Igetp2s** · 03-28-09, 09:53 PM

How did the person receiving your check get your phone number?

I know WSEX has many legitimate problems, but this can't possibly be true.

**losturmarbles** · 03-28-09, 10:36 PM

Originally posted by paulw79

Hello everyone,

I wouldn't recommend using a personal check for depositing funds at WSEX (with the payee name blank as instructed). The funds were placed in my account but soon after someone called my house asking why I had sent them a personal check. The person claimed they requested a withdrawal of funds from WSEX and my check is what they received as compensation.

Also I have a withdrawal request pending for 50+ days. I doubt I'll ever see the money given the recent payout issues and other tatics they are resorting to.

why would you make a deposit if you have a pending withdrawal of 50+ days?

**paulw79** · 03-29-09, 12:30 AM

Originally posted by losturmarbles

why would you make a deposit if you have a pending withdrawal of 50+ days?

My withdrawal request was pending for about 30 days when I had lost the remainder of my funds. My previous withdrawal request took about 30 days so I figured it was due to show up any time. I decided to try the personal check option as I am quite limited on ways to fund my account.

**paulw79** · 03-29-09, 12:34 AM

Originally posted by Igetp2s

How did the person receiving your check get your phone number?

I know WSEX has many legitimate problems, but this can't possibly be true.

Actually it is true so I guess you can add this to the "list of problems". A personal check has the following information: my full name, street address, city, state, and zip code). It isn't that hard to get a phone number using this information.

**paulw79** · 03-29-09, 12:56 AM

Originally posted by WileOut

I'm not saying your story isn't true paul79, but it is very strange that about 90% of the complaints about WSEX come from people with 10 posts or less and/or just joined.

Seems like this post may be an attempt to just let certain people know of WSEX's new deposit method. It would be shocking if this were really true but I doubt it is. It's just way out there. But who knows.

thecarter is another less than 10 post guy with problems. What a coincidence. Again I'm not saying you arent right but its just strange thats all.

Is there any regulars here that are having trouble with WSEX?

I wouldn't read too much into the post counts if I were you. I have followed these message boards for awhile but never had anything interesting to comment on. I joined the SBR forums recently and this is my first thread ever. I've also been a customer of WSEX for a couple years with no problems to report (until now).

Given the recent payout issues (delays) that WSEX is having it might not be so "way out there" as you think. I'm not saying this will happen to everyone, but I just wanted people to know that this is a possibility.

**msdw1** · 03-29-09, 01:43 AM

I always wondered how people trusted couriers or WSEX with a blank payee check. My first thought was that someone (at WSEX or the courier) would intercept that check, print his name on it and deposit into his own bank account. There is no recourse if this happens. Your bank would not lift a finger to get your money back for you.

**kdawgy** · 03-29-09, 01:03 PM

paulw79, do you have a copy of the check as it was actually cashed, or the returned check from your bank?

If so i would defintely present it to wsex and ask "what the ****" (for lack of another way to get the point across). I know they probably are in a lot of financial trouble if they've really resorted to this, but I'd be pissed if I were you.

Do you realize your name was just used to pay someone for sports betting...that could be construed as a crime in the US if someone ever started digging around into WSEX's financial records.

OK, maybe that is farfetched, but I'd still be pissed...

**paulw79** · 03-29-09, 03:13 PM

Originally posted by kdawgy

paulw79, do you have a copy of the check as it was actually cashed, or the returned check from your bank?

If so i would defintely present it to wsex and ask "what the ****" (for lack of another way to get the point across). I know they probably are in a lot of financial trouble if they've really resorted to this, but I'd be pissed if I were you.

Do you realize your name was just used to pay someone for sports betting...that could be construed as a crime in the US if someone ever started digging around into WSEX's financial records.

OK, maybe that is farfetched, but I'd still be pissed...

I don't believe the check was actually cashed yet (or no changes have been posted to my bank account). Soon as it is cashed I will be able to view the digital image. Also I have an update that I will be posting shortly...stay tuned.

**TeamPlayer** · 03-29-09, 03:37 PM

Keep us posted.

Where is SBR?? Couldn't SBR at least acknowledge that they're helping to investigate??? This is a serious matter!

**paulw79** · 03-29-09, 03:43 PM

UPDATE:

I have received a response to my formal compliant regarding this incident. I will not be posting the entire conversation, however I will summarize the information I feel is relevant to share with other WSEX players:

Personal check program uses incoming checks for outgoing withdrawals. Starting tomorrow the website will indicate this possibility. The reason for this policy is to provide a convenient method of depositing funds and keep money out of the processor cycle.

An apology was issued to me since I was not aware of this policy.

**kdawgy** · 03-29-09, 03:47 PM

Wow, that is total bs, and one of the worst ideas I've ever heard.

1. It's got to be completely illegal to be paying someone for winning wagers from a US player to a US player.
2. Do you know how easy it is to steal from someone's bank account just with a personal check and their name and address? Especially for some of the degenerate gamblers out there.

Any chance SBR will take a stance on this issue? Especially since it is obvious that WSEX has already been doing this without even notifying their current customers?

**michael777** · 03-29-09, 03:51 PM

this is a nightmare,what the hell is wrong with wsex?

**paulw79** · 03-29-09, 03:54 PM

Originally posted by kdawgy

Wow, that is total bs, and one of the worst ideas I've ever heard.

1. It's got to be completely illegal to be paying someone for winning wagers from a US player to a US player.
2. Do you know how easy it is to steal from someone's bank account just with a personal check and their name and address? Especially for some of the degenerate gamblers out there.

Any chance SBR will take a stance on this issue? Especially since it is obvious that WSEX has already been doing this without even notifying their current customers?

You raise some good questions and points. I'm not sure what is SBR's stance on the issue. As I stated in my first post I would not recommend this deposit method (and still do not at the current time) as your personal information is compromised.

**WileOut** · 03-29-09, 07:16 PM

Originally posted by kdawgy

Especially since it is obvious that WSEX has already been doing this without even notifying their current customers?

Why is it obvious that WSEX is doing this? There is one person here claiming that they are doing this

**kdawgy** · 03-29-09, 07:49 PM

Well, I'll assume that paulw79 is telling the truth, and that SBR would be able to find out if he wasn't.

And if he is telling the truth and they are implementing this program, I don't see how he could be the only one...that wouldn't be much of a program now would it?

**WileOut** · 03-29-09, 09:04 PM

Why would you assume he is telling the truth?

**aceking** · 03-30-09, 03:26 AM

notice all these troublemakers are registered in last 2 months ?

whats their hidden agenda ?

Personally , I received 3 withdrawals from WSEX and 5 withdrawals from Matchbook this month .

**Santo** · 03-30-09, 04:57 AM

Given that the poster has said SBR told him something, and nobody from SBR is contradicting that, I see no reason to doubt him.

**paulw79** · 03-30-09, 07:41 AM

Originally posted by WileOut

Why would you assume he is telling the truth?

Why don't you just go to the source of truth? SBR member WSEX is who I dealt with over the weekend and I'm sure he will confirm all the information in this thread as accurate. He is also helping to expedite my withdrawal request.

**paulw79** · 03-30-09, 07:47 AM

Originally posted by aceking

notice all these troublemakers are registered in last 2 months ?

whats their hidden agenda ?

Personally , I received 3 withdrawals from WSEX and 5 withdrawals from Matchbook this month .

I can't speak for everyone out there, but there is no hidden agenda on this thread. I am very satisfied with SBR member WSEX and how he answered all my questions and addressed my concerns about the personal check policy. I will continue to use WSEX as my primary sportsbook as I have over the past couple years. However, I will no longer be depositing funds via personal check.

**hhsilver** · 03-30-09, 09:19 AM

I was wondering about SBR member , WSEX. He used to enter threads to answer questions and address issues. I haven't completely read all the long, recent threads, but from what I've seen lately, he hasn't been around. We need to hear from him, especially in this thread .

So what happens if the personal check they forward to you from another gambler has a 'stop payment' ?? This , if true, seems like a very shaky method of payment.

**Igetp2s** · 03-30-09, 12:28 PM

Originally posted by hhsilver

I was wondering about SBR member , WSEX. He used to enter threads to answer questions and address issues. I haven't completely read all the long, recent threads, but from what I've seen lately, he hasn't been around. We need to hear from him, especially in this thread .

So what happens if the personal check they forward to you from another gambler has a 'stop payment' ?? This , if true, seems like a very shaky method of payment.

I would go a step further. If this is true, this should automatically lower WSEX's grade to an F, and be considered a scam book. If this is true, this has to be the most inept, idiotic policy I have ever seen. This should put them below Jazette and SBG Global for sure.

There is no justification for this, whatsoever.

**Santo** · 03-30-09, 12:39 PM

I think that's a step too far, after all it is just one of the payout options.

That said, the policy is nonsensical and will likely cause as many problems as it solves.

**LVHerbie** · 03-30-09, 01:17 PM

From the deposits page - "Your check may be used to pay other customers"

http://www.wsex.com/members/cgi/pcheck (I think you need to be log into your account there to see it)

**kdawgy** · 03-30-09, 02:36 PM

LVHerbie (or anyone else)

You can't view that page on wsex without a valid login. Can you please post the relevant content here (copy and paste).