WSEX Slow Payout Updates

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  • trumpdown
    SBR Wise Guy
    • 01-21-09
    • 755

    #806
    Did my weekly call to inquire on 3 checks was told "they needed to get these checks out" and will resume next week after having "to find a new processor/relationship with a different bank"

    No idea where I am in the queue. About 8 weeks out now for courier....

    Think it's high time to start an exit scalping in-play strategy until things get ironed out.
    Comment
    • RickySteve
      Restricted User
      • 01-31-06
      • 3415

      #807
      Originally posted by trumpdown
      Think it's high time to start an exit scalping in-play strategy until things get ironed out.
      I wouldn't advise that.
      Comment
      • trumpdown
        SBR Wise Guy
        • 01-21-09
        • 755

        #808
        Originally posted by RickySteve
        I wouldn't advise that.
        Agreed it could backfire and make things worse this should only be a last resort.

        For now I'll take a wait and see approach, and continue to transfer out with Matchbook twice a month until if/when they cut me off.
        Comment
        • relaaxx
          SBR MVP
          • 06-15-06
          • 3281

          #809
          emailed wsex to ask about my withdrawl by regular mail on 02/24/10.

          Dear Customer,

          Our processors are working diligently in completing these request in a prompt and
          timely manner. We do understand, you've being waiting for a long time and we do
          express our apologies.

          Once we get your tracking number it will be emailed to you immediately.

          Kind regards

          Beckie

          Accounts Department
          World Sports Exchange
          1 268 480 3880
          1 888 671 3253


          this is not an answer - it's an excuse. i wanted a timeframe. but they do not have a clue when i will be paid this time. will ask for josh's help earlier than usual.
          Comment
          • Playmaker
            SBR Sharp
            • 12-15-08
            • 285

            #810
            Originally posted by Reddman
            I emailed WSEX today and asked about my withdrawal request on 01/06/2010 ($2800.) . Here is there response .

            Thank you for contacting us at WSEX with regards to your withdrawal query.

            We are presently experiencing a delay with processing checks via Regular Mail so we have upgraded all regular mail withdrawals to be sent via FedEx free of charge. Your check have been submitted on the next batch and your tracking number will be emailed once available.

            Anele
            WSEX Accounts

            LOL Thats just Classic WSEX right there
            Comment
            • JoshW
              SBR MVP
              • 08-10-05
              • 3431

              #811
              The number of complaints about WSEX has increased significantly. I have close to a dozen new emails and PMs over the last couple days. I am going to be adding these complaints and responding to each one over the next couple of hours. So if you sent a complaint in recently, you should be getting a response today.

              For all of those who have submitted complaints over the previous month. I still have you on the list and have taken this list to my best WSEX contact several times. However, it seems updates and payouts have decreased significantly. I haven't got any individual updates on complaints in over a week (I have got two messages saying that it is being worked on, but no details).

              As transfers to Matchbook have been a popular method of withdrawal for some, I wanted to update what I know. Some of this is already known as SBR posters have been good about sharing details on WSEX.

              Matchbook has informed me they are allowing a total of two transfers from WSEX per month, not the one a week that used to be allowed. Additionally, here are the rollover details:

              "Please note that WSEX transfer deposits require a 4 time rollover before withdrawals or further deposits from WSEX. We calculate rollover based on the lesser of the bet/to win amount as is industry standard. We use standard LIFO ("last in first out") accounting for rollovers. Your last transfer deposit will need to be rolled over before any withdrawals are processed regardless of any previous balance."
              Comment
              • TodayIsForgotten
                SBR Wise Guy
                • 06-19-06
                • 534

                #812
                I got that email today as i took the maximum. Sucks that i have to roll it over 4x but hopefully we continue to make good picks. I have 3 checks in the queue from wsex for just under 9,000. 1 is coming up on 30 business days. The other 2 are recent. I pray if there is a god i see that money.
                Comment
                • UV82
                  SBR Sharp
                  • 07-25-09
                  • 396

                  #813
                  Looks like the pressure on WSEX is mounting.

                  It will be a miarcle if they survive the drought season... I was convinced that they would be out of business by Dec 2009... but now it really seems to be closer than ever to the end... pity, because they used to be one of my favourite bookmakers.

                  perhaps CHUCK has some answers for all of us.
                  Comment
                  • Chuck Sims
                    SBR MVP
                    • 12-29-05
                    • 3072

                    #814
                    Originally posted by UV82
                    Looks like the pressure on WSEX is mounting.

                    It will be a miarcle if they survive the drought season... I was convinced that they would be out of business by Dec 2009... but now it really seems to be closer than ever to the end... pity, because they used to be one of my favourite bookmakers.

                    perhaps CHUCK has some answers for all of us.
                    I thought we had gotten rid of you. Your cheerleading for this book to shutdown is getting nauseating.

                    You've posted many lies in this thread. Your prediction for over a year now that everyone would be stiffed has been wrong. Your prediction that WSEX would close their doors last year was wrong. Would you please go away?

                    Since you stated you no longer play at WSEX and have no money there, what answers are you looking for?
                    Comment
                    • UV82
                      SBR Sharp
                      • 07-25-09
                      • 396

                      #815
                      Chuck, I cannot believe that you still have the audacity to support them... see you at the funeral, it is around the corner.
                      Comment
                      • trumpdown
                        SBR Wise Guy
                        • 01-21-09
                        • 755

                        #816
                        Originally posted by UV82
                        Chuck, I cannot believe that you still have the audacity to support them... see you at the funeral, it is around the corner.
                        UV82 you crack me up man. How would you feel if you had substantial amounts at a book? Would you want to help create a mass exodus? I think CHUCK is just being cautiously optimistic. I will admit it doesn't look the most promising but you can't beat a man down for having HOPE.
                        Comment
                        • Lou-Hoozer
                          SBR Rookie
                          • 03-16-10
                          • 42

                          #817
                          How do you do the transfer to Matchbook? Setup a account with Matchbbok and then call Wsux to tranfer money into Matchbook?

                          Does anyone here have any thoughts on matchbook? Good or bad?

                          Thanks
                          Comment
                          • TodayIsForgotten
                            SBR Wise Guy
                            • 06-19-06
                            • 534

                            #818
                            Originally posted by Lou-Hoozer
                            How do you do the transfer to Matchbook? Setup a account with Matchbbok and then call Wsux to tranfer money into Matchbook?

                            Does anyone here have any thoughts on matchbook? Good or bad?

                            Thanks
                            To be honest, im quite disappointed with MB. I use to be on them when i started online betting and the interactive was nice to play with when i was home for the televised games, but now once the game starts you see 24 bucks on each line. Really disappointing.

                            Otherwise they are good for what they are, an exchange. They pay fast too.
                            Comment
                            • relaaxx
                              SBR MVP
                              • 06-15-06
                              • 3281

                              #819
                              Originally posted by TodayIsForgotten
                              To be honest, im quite disappointed with MB. I use to be on them when i started online betting and the interactive was nice to play with when i was home for the televised games, but now once the game starts you see 24 bucks on each line. Really disappointing.

                              Otherwise they are good for what they are, an exchange. They pay fast too.
                              yep, sums up matchbook-----and you email both books with the acct#-amount-and which one you are depositing to and withdrawing from
                              Comment
                              • trumpdown
                                SBR Wise Guy
                                • 01-21-09
                                • 755

                                #820
                                Originally posted by Lou-Hoozer
                                How do you do the transfer to Matchbook? Setup a account with Matchbbok and then call Wsux to tranfer money into Matchbook?

                                Does anyone here have any thoughts on matchbook? Good or bad?

                                Thanks
                                Usually transfer completed within 3 hours currently by email.
                                Comment
                                • JohnnyC
                                  SBR Wise Guy
                                  • 02-27-09
                                  • 504

                                  #821
                                  Originally posted by Chuck Sims
                                  I thought we had gotten rid of you. Your cheerleading for this book to shutdown is getting nauseating.

                                  You've posted many lies in this thread. Your prediction for over a year now that everyone would be stiffed has been wrong. Your prediction that WSEX would close their doors last year was wrong. Would you please go away?

                                  Since you stated you no longer play at WSEX and have no money there, what answers are you looking for?
                                  lol there u are, stop defending this book.
                                  Comment
                                  • Chuck Sims
                                    SBR MVP
                                    • 12-29-05
                                    • 3072

                                    #822
                                    Originally posted by JohnnyC
                                    lol there u are, stop defending this book.
                                    Unbelievable the stupidity of some people. If posting factual info on a sportsbook is "defending" them so be it.
                                    Comment
                                    • Reddman
                                      SBR Rookie
                                      • 02-24-10
                                      • 18

                                      #823
                                      Anybody know if this was a rule change done on the fly ? I requested my withdrawal made on 01/06/10
                                      ($2800.) be cancel and $2500. be transferred to my Matchbook Account.
                                      WSUX responded :
                                      A review of your account shows that you have made Credit card deposits. Please note, customers who use credit cards to deposit funds are not eligible for Interbook transfers.

                                      I used an ******** debit card to fund my account and those transactions were done 7 months ago.
                                      Comment
                                      • trumpdown
                                        SBR Wise Guy
                                        • 01-21-09
                                        • 755

                                        #824
                                        Originally posted by Reddman
                                        Anybody know if this was a rule change done on the fly ? I requested my withdrawal made on 01/06/10
                                        ($2800.) be cancel and $2500. be transferred to my Matchbook Account.
                                        WSUX responded :
                                        A review of your account shows that you have made Credit card deposits. Please note, customers who use credit cards to deposit funds are not eligible for Interbook transfers.

                                        I used an ******** debit card to fund my account and those transactions were done 7 months ago.
                                        Not changed on the fly. It's been this way as far as I know. It helps to transfer into WSEX via Matchbook first. Similar to using Moneybookers, or ******* etc... they won't withdraw with those methods unless deposited first from those methods.
                                        Comment
                                        • TodayIsForgotten
                                          SBR Wise Guy
                                          • 06-19-06
                                          • 534

                                          #825
                                          Originally posted by trumpdown
                                          Not changed on the fly. It's been this way as far as I know. It helps to transfer into WSEX via Matchbook first. Similar to using Moneybookers, or ******* etc... they won't withdraw with those methods unless deposited first from those methods.

                                          I was the exception to this rule. I was checking one of my old email accounts a few days ago. There was correspondence saying that since i deposited with a CC i couldn't transfer funds to my MB account, but they said a supervisor allowed it. Its a shame I foolishly blew my money on MB since rolling over 2500 to 10k sucks when i have like 15k in my WSEX I'll probably never see. Looking back that was dumb. Oh well.
                                          Comment
                                          • actionaddict86
                                            SBR Sharp
                                            • 02-13-09
                                            • 464

                                            #826
                                            I deposited back into wsex again.
                                            Will I be able to see that money if I win?
                                            Comment
                                            • Reddman
                                              SBR Rookie
                                              • 02-24-10
                                              • 18

                                              #827
                                              Fuhgeddaboudit
                                              Comment
                                              • ByeShea
                                                SBR Hall of Famer
                                                • 06-30-08
                                                • 8111

                                                #828
                                                Originally posted by Chuck Sims
                                                Unbelievable the stupidity of some people. If posting factual info on a sportsbook is "defending" them so be it.
                                                Stop right there. I'm a big time defender of WSEX, they've been my original book and have never been done wrong by them.

                                                That said, you have never been forthright about your relationship with WSEX... you are a shill of some kind.

                                                I've seen you a) post WSEX promotions and b) emotionally flip out in defense of them, which is a joke.

                                                I think both pro and anti WSEX people should be more considerate of WSEX customers who are looking for help - that's a lot more important than online agendas and egos.
                                                Comment
                                                • Chuck Sims
                                                  SBR MVP
                                                  • 12-29-05
                                                  • 3072

                                                  #829
                                                  Originally posted by ByeShea
                                                  Stop right there. I'm a big time defender of WSEX, they've been my original book and have never been done wrong by them.

                                                  That said, you have never been forthright about your relationship with WSEX... you are a shill of some kind.

                                                  I've seen you a) post WSEX promotions and b) emotionally flip out in defense of them, which is a joke.

                                                  I think both pro and anti WSEX people should be more considerate of WSEX customers who are looking for help - that's a lot more important than online agendas and egos.
                                                  Another clueless poster. Geesh.

                                                  Does a shill tell posters not to post up with them as I have? Get a clue.

                                                  I have passed on info that I have gathered from many sources.

                                                  When clueless posters posted that WSEX would stiff everyone and shutdown before the start of the 2009 NFL season, I posted that would not be the case. Since then I have been attacked by clueless posters. Stating facts is not "defending" a sportsbook.

                                                  My association with WSEX? oh brother.

                                                  Let me repost what I said several months ago. I do not recommend WSEX. THAT MEANS STAY THE F-U-C-K AWAY. UNDERSTAND?
                                                  Comment
                                                  • relaaxx
                                                    SBR MVP
                                                    • 06-15-06
                                                    • 3281

                                                    #830
                                                    Originally posted by Chuck Sims
                                                    Another clueless poster. Geesh.

                                                    Does a shill tell posters not to post up with them as I have? Get a clue.

                                                    I have passed on info that I have gathered from many sources.

                                                    When clueless posters posted that WSEX would stiff everyone and shutdown before the start of the 2009 NFL season, I posted that would not be the case. Since then I have been attacked by clueless posters. Stating facts is not "defending" a sportsbook.

                                                    My association with WSEX? oh brother.

                                                    Let me repost what I said several months ago. I do not recommend WSEX. THAT MEANS STAY THE F-U-C-K AWAY. UNDERSTAND?
                                                    can't get much clearer than that - i remember it being stated last time -i'm sure it will have to get repeated again. this guy is always getting crap for his opinons.
                                                    Comment
                                                    • Johnpoints
                                                      SBR Sharp
                                                      • 10-20-09
                                                      • 314

                                                      #831
                                                      Originally posted by actionaddict86
                                                      I deposited back into wsex again.
                                                      Will I be able to see that money if I win?
                                                      Why would you do that??
                                                      Comment
                                                      • ByeShea
                                                        SBR Hall of Famer
                                                        • 06-30-08
                                                        • 8111

                                                        #832
                                                        Originally posted by Chuck Sims
                                                        Another clueless poster. Geesh.

                                                        Does a shill tell posters not to post up with them as I have? Get a clue.

                                                        I have passed on info that I have gathered from many sources.

                                                        When clueless posters posted that WSEX would stiff everyone and shutdown before the start of the 2009 NFL season, I posted that would not be the case. Since then I have been attacked by clueless posters. Stating facts is not "defending" a sportsbook.

                                                        My association with WSEX? oh brother.

                                                        Let me repost what I said several months ago. I do not recommend WSEX. THAT MEANS STAY THE F-U-C-K AWAY. UNDERSTAND?
                                                        If you are, as you claim, neither customer nor shill maybe it's time for you to STAY THE F-U-C-K AWAY from this thread instead of posting every.single.day about a book you have nothing to do with.

                                                        Or, if you really care and must post every day ... perhaps you should helping everyone out and warn everyone to STAY THE F-U-C-K AWAY from WSEX on a daily basis instead of waiting months in between giving the advice that could, you know, actually help someone.

                                                        Besides, I've seen you post WSEX promotions. Semi-pro liars are the least convincing Chuck.
                                                        Comment
                                                        • trumpdown
                                                          SBR Wise Guy
                                                          • 01-21-09
                                                          • 755

                                                          #833
                                                          To lighten the mood a little..... I did get a Moneybooker transfer for 2500 originally requested 3 weeks ago today.

                                                          Just when I think they could even remotely stiff I get paid. This leads IMHO that they are in fact at least attempting to get all payments due sorted out. Time will tell, but it would be helpful to know if anyone else has received a check method withdraw recently as these seem to be 2-3 months out now.
                                                          Comment
                                                          • relaaxx
                                                            SBR MVP
                                                            • 06-15-06
                                                            • 3281

                                                            #834
                                                            withdrawl from 2/24. asked for info last week. got an answer without any infomation. asked again today for some kind of time frame. here is thier resonse.


                                                            Thank you for contacting us at WSEX with regards to your withdrawal query.

                                                            Unfortunately, we are still awaiting your tracking information but once we do, we will have it emailed to you.

                                                            Regards,



                                                            Anele
                                                            WSEX Accounts

                                                            again - no real information. i have asked josh to be put on the waiting list. it has always helped in the past. within a week i got my money after asking for josh's help for the past 5 - 6 months. i am not worried about getting my money - i am worried about how long it takes to get checks. getting longer obviously a bad sign.
                                                            Comment
                                                            • thediesel28
                                                              SBR Rookie
                                                              • 03-14-10
                                                              • 6

                                                              #835
                                                              2/24....you're gonna have to wait quite a while longer, I'm still waiting from janurary 6th. Good luck though, we are all in the same sinking ship
                                                              Comment
                                                              • actionaddict86
                                                                SBR Sharp
                                                                • 02-13-09
                                                                • 464

                                                                #836
                                                                Originally posted by Johnpoints
                                                                Why would you do that??
                                                                I like wsex live bets but I hate there slow payouts... Maybe they will get better...
                                                                Comment
                                                                • Lou-Hoozer
                                                                  SBR Rookie
                                                                  • 03-16-10
                                                                  • 42

                                                                  #837
                                                                  This is turning into a nightmare!! They won't even let me transfer to Matchbook because I have deposited via credit card in the past, even though I have deposited with other methods too!

                                                                  Out of all the books out there I can't believe I got wrapped up with this one!!!
                                                                  Comment
                                                                  • Lou-Hoozer
                                                                    SBR Rookie
                                                                    • 03-16-10
                                                                    • 42

                                                                    #838


                                                                    Comment
                                                                    • Patrick McIrish
                                                                      SBR MVP
                                                                      • 09-15-05
                                                                      • 2864

                                                                      #839
                                                                      Originally posted by thediesel28
                                                                      2/24....you're gonna have to wait quite a while longer, I'm still waiting from janurary 6th. Good luck though, we are all in the same sinking ship


                                                                      I'm from that same time zone. This week will make 3 full months since asking for a payout. Obviously I would not recommend anyone go near the place right now. Not sure at what point a slow pay turns into a no pay but we're probably getting close.
                                                                      Comment
                                                                      • Patrick McIrish
                                                                        SBR MVP
                                                                        • 09-15-05
                                                                        • 2864

                                                                        #840
                                                                        Originally posted by Lou-Hoozer
                                                                        This is turning into a nightmare!! They won't even let me transfer to Matchbook because I have deposited via credit card in the past, even though I have deposited with other methods too!

                                                                        Out of all the books out there I can't believe I got wrapped up with this one!!!


                                                                        Not looking good, hopefully someone will at least buy them out so the players don't end up getting stiffed. Thankfully I'm just waiting for the last payout (and the smallest of them all), even if they get me for this one it won't be too bad. Good luck sir, we still got hope but every email I get from them is more evasive than the one prior. This is a sinking ship, get out the best way you can.
                                                                        Comment
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