What exactly is CREDITWAGERING.com, and DOES IT WORK?!..

HoulihansTX · 05-22-09, 12:37 AM

I dont bet online, but I just checked out their stiffs list, and that shit is fcuking embarrassing.

http://creditwagering.com/regularstiffs/ CLASSIC!!!!

HoulihansTX · 05-22-09, 12:48 AM

This is a question you want to post in another, such as "Sportsbooks & The Industry." Its on the Forum's topic page.

But I read their "Con-Concept" page, and it seems like a bad deal. Your pretty much taking out a loan in order to lay a bet. Thats want loan-sharks do. This concept is neither fresh or original.

If this economic crunch taught Americans anything, its not to take bad loans that you ultimately can't afford.

If you have the dough get an account at THEGREEK or Pinnacle. Both are reputable books, as a couple of my good friends use them when they cant get a good line at the casino's, or just convenience.

And If you dont have the dough, gambling is not a form of entertainment you need to delve into at the moment.

I'm a college student who pays tution with scholarships and grants, but I use what little money I make hustlin' on betting. I would never do it on a loan-by-loan basis. This website knows its a bad deal, and they could ultimately stiff you anyway since you haven't deposited money initially.

hightide · 12-21-09, 08:25 AM

everyone is entitled to their opinion. I bet with YouWager.com and Bookmaker ---and even cw.. I have read the complaints but have seen a different side of the organization. they are newer than some, mistakes have been made - but I positive steps are being made to better themselves. I have had noproblem with my payout request and will keeping using them - the lines are fantastic early in the day and I have more success with their casino than any other books casino. I actually win in BlackJack. So, I am a positive fan of CW right now and hope the business relationship can grow. hightide

vinny808 · 12-21-09, 02:22 PM

I wouldn't bet with credit wagering only because you have to win by $400 to cash out.

KKoz9 · 12-21-09, 05:29 PM

It works if you treat them like a regular sportsbook, i.e. pay when u lose.

It's just like betting with a local, credit up to a certain limit and a pay threshold.

You start out with $1000 credit and pay threshold is $400 either way. As you settle and show you're trustworthy, your limits increase.

I've seen only stiffs badmouthing them here or elsewhere, they have always paid as far as I know and from my own personal experience but have had some slow pays lately as any book periodically does.

vinny808 · 12-21-09, 05:35 PM

I use a local bookie. But see, whether I win $22 or $2000, I get paid. With them, if you're up $300, you have a good chance of getting a bad roll and ending up negative. I don't like how you have to win a certain amount in order to get paid. It makes you more prone to making bad bets just to get over the threshold.

incomeraise · 12-21-09, 06:01 PM

yeah thats the main problem with them...u first have to get over 400 to get paid...and there is the 3x rollover requirement, so u know it s hard..
I was liking it, until a week ago. U cant buy 3 points anmore...and that sucks so bad...had a lot of people wanting to join the site, but that was a turn off

DBurton81 · 08-28-10, 10:34 AM

I would never bet with these guys....they are stiffs! It is obvious hightide works for these guys!

Smoke · 08-28-10, 11:27 AM

Half the stiffs on the stiff page are posters from this forum.. Sad but true..

tatommack · 08-28-10, 11:48 AM

Lol go ahead and do it good luck getting paid

ok now what · 08-28-10, 04:33 PM

Wouldn't touch the site, and this is simply due to excess restrictions on bet type, payoff limit, and actually less to do with the their business model.

DukeJohn · 08-28-10, 05:27 PM

Originally posted by PorkChop

I just checked out the website, ...how exactly does it work. Do you guys play it?..and is it legit?

Any input appreciated.

LOL, There used to be so many CW threads posters were making threads asking everyone to stop making new threads about them.

Anyway, it seems nearly the entire forum population signed up back then. They were paying out and so everything was going great, then they started having some payout issues and lately, I haven't heard too much about them.

As for myself, I am still with them. I just mirror my plays on them and take out around $400 twice a year. My last payout was received from them at the end of the NHL season, so I don't know how they are doing now, but I continue to make plays with them.

BoL,

smitch124 · 08-28-10, 08:00 PM

IM JetsJetsJets he will open an account for you

nyplayer33 · 08-28-10, 08:15 PM

i'm confused, why would any company do this...