WSEX Downgraded again

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  • durito
    SBR Posting Legend
    • 07-03-06
    • 13173

    #1
    WSEX Downgraded again
    B+ and not on the recommended list anymore.

    04.23.2009 (11:03 AM CST)
    WSEX lowered from A- to B+. The rating change represents a lack of adequate financial processing resources resulting in delays. SBR continues to rate WSEX as financially strong and the sportsbook is in position to reclaim a spot on SBR's list of top sportsbooks once processing issues are addressed. Some players have reported delays of two months before receiving payment.

    BetOnline A- and still on the recommended list.
  • Casi
    SBR Wise Guy
    • 02-16-09
    • 506

    #2
    Comment
    • durito
      SBR Posting Legend
      • 07-03-06
      • 13173

      #3
      I wonder if BetOnline stopped adverting here like WSEX did, just how far they'd fall in the ratings. C+? That's about right.
      Comment
      • Casi
        SBR Wise Guy
        • 02-16-09
        • 506

        #4
        Wsex always paid everyone, slowly atm yes maybe...but was there ever a case where they pulled shit like Betonline (ridiculous bonus rollovers with reduced limits i.e.?).

        I took full advantage of a 15% cash bonus up to $1500 during march madness at Wsex, and they use the risk amount for the rollover. That´s so rare these days, they are still A+ for me.
        Comment
        • Igetp2s
          SBR MVP
          • 05-21-07
          • 1046

          #5
          The downgrade was well deserved, and long overdue. Their management needs a wake up call that whats been going on with their payouts over the past year + is not acceptable. Not when every other large book is doing just fine with payouts.

          Maybe the WSEX advertising check to SBR got "lost in the mail" like all their regular payouts.
          Comment
          • durito
            SBR Posting Legend
            • 07-03-06
            • 13173

            #6
            Originally posted by Casi
            Wsex always paid everyone, slowly atm yes maybe...but was there ever a case where they pulled shit like Betonline (ridiculous bonus rollovers with reduced limits i.e.?).

            I took full advantage of a 15% cash bonus up to $1500 during march madness at Wsex, and they use the risk amount for the rollover. That´s so rare these days, they are still A+ for me.
            Mostly I agree, but A+ books do not take a month to payout by neteller/moneybookers.


            BetOnline pulled some bull shit with me, but in the end they paid in the exact time frame mentioned on their site. It wasn't particularly fast and the fees were excessive by even cris standards, but it all came.
            Comment
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