WSEX Slow Payout Updates

[Patrick McIrish]

I wouldn't consider it Monopoly money guys, yeah they are slow as hell but you will get your money eventually, don't just give your balance away playing stupid because you don't think you will ever see your money. I have been taking w/d's all along for the past year and it's gotten slower but I still believe we all will get paid, just not as quick as we want. It's nice when you do finally get those checks in hand. I think now they have gotten January pretty much cleaned up, we will start seeing more from February rolling in soon.

[actionaddict86]

Ya I got money locked in here. Must be monopoly money

[Hareeba!]

I wouldn't consider it Monopoly money guys, yeah they are slow as hell but you will get your money eventually, don't just give your balance away playing stupid because you don't think you will ever see your money. I have been taking w/d's all along for the past year and it's gotten slower but I still believe we all will get paid, just not as quick as we want. It's nice when you do finally get those checks in hand. I think now they have gotten January pretty much cleaned up, we will start seeing more from February rolling in soon.

What makes you so sure you'll get paid in full?
If, as it sounds to me, they are insolvent, those with funds still there when the shit hits the fan will miss out
I'd be looking every day for plays to lose my balance there and pick it up at other books, rather than hang around for the inevitable. That would also be doing others a favour by racking up losses at WSEX which they can eke out slowly.

[bigloser]

I wouldn't consider it Monopoly money guys, yeah they are slow as hell but you will get your money eventually, don't just give your balance away playing stupid because you don't think you will ever see your money. I have been taking w/d's all along for the past year and it's gotten slower but I still believe we all will get paid, just not as quick as we want. It's nice when you do finally get those checks in hand. I think now they have gotten January pretty much cleaned up, we will start seeing more from February rolling in soon.

No they havent gotten January cleaned up. My WD was 22nd Jan it hasnt been processed and they cant say when.

[Patrick McIrish]

I didn't say they were completely done with January, they have some remaining according to Marie, in fact just got mine from 1/10 last week.

I think now they have gotten January pretty much cleaned up, we will start seeing more from February rolling in soon.

No need to apologize, I forgive you.

[Patrick McIrish]

What makes you so sure you'll get paid in full? If, as it sounds to me, they are insolvent, those with funds still there when the shit hits the fan will miss out. I'd be looking every day for plays to lose my balance there and pick it up at other books, rather than hang around for the inevitable. That would also be doing others a favour by racking up losses at WSEX which they can eke out slowly.

I'm familiar with the concept. What I don't get is if you know which side is going to win/lose each time just bet the side that's going to win. I mean I'd hate for you to screw up and bet the wrong side at an "insolvent book" eh? You could go from bad to worse.

No need to respond, I didn't ask any questions I wanted answered. Thanks.

[TodayIsForgotten]

Patrick. I already did that with a quarter of my current stash. I threw it all away at MB. I didn't really feel like having to roll over 10k to see any of my profits that I should have been able to see in a reasonable time. Looking back as i have already stated, that was dumb. Now i just bet normal but with no care at WSEX. Every time i watch a game i bet on, I wonder why i'm even worried if I'll win. Then when i do win its a confusing feeling. Oh well. Whatever happens, happens.

[Absolutelyonfire]

I am awaiting for 7 payments each of 3K to be processed by WSEX. These requests were made between February 19 and March 5. Keep getting the run around, so not sure when and if I will get paid. I will be in Antigua in June anyways , and am planning to visit their offices if I haven't been paid by then. I do have a major concern with their financial stability, especially as their gaming license which expired three months ago has not been renewed according to the Antigua Gaming Commission, which means they're currently operating illegally. I wish I had found this site months ago.

[RazzFan]

I do have a major concern with their financial stability, especially as their gaming license which expired three months ago has not been renewed according to the Antigua Gaming Commission, which means they're currently operating illegally. I wish I had found this site months ago.

Can anyone confirm they really are no longer licensed at all?

[trumpdown]

I do have a major concern with their financial stability, especially as their gaming license which expired three months ago has not been renewed according to the Antigua Gaming Commission, which means they're currently operating illegally.

Would like some proof of this. Source with link or message please.

[TodayIsForgotten]

Would like some proof of this. Source with link or message please.

Well, apparently he is correct. Just going to the antigua website, brings up this:

http://www.antiguagaming.gov.ag/licenseeInfo_withLinks.asp?ID=1024&LicenseId=1072

Now it really is monopoly money. YESSSS.

[RazzFan]

Well, apparently he is correct. Just going to the antigua website, brings up this:

http://www.antiguagaming.gov.ag/lice...LicenseId=1072

Weird, so it says it expired 1/4/10, but the Status is "Active."

Well that is confusing, am i right?

[TodayIsForgotten]

I noticed that, too. One has to wonder what that could infer? That the site is still active? Maybe the site never updated? Maybe it goes inactive after x-amount of months. Oh the drama.

[Patrick McIrish]

Patrick. I already did that with a quarter of my current stash. I threw it all away at MB. I didn't really feel like having to roll over 10k to see any of my profits that I should have been able to see in a reasonable time. Looking back as i have already stated, that was dumb. Now i just bet normal but with no care at WSEX. Every time i watch a game i bet on, I wonder why i'm even worried if I'll win. Then when i do win its a confusing feeling. Oh well. Whatever happens, happens.

I hear you man, believe me I'm pulling for you. I still got one more left as well that I am waiting for. I remain cautiously optimistic that we will get paid.

[trumpdown]

Well, apparently he is correct. Just going to the antigua website, brings up this:

http://www.antiguagaming.gov.ag/licenseeInfo_withLinks.asp?ID=1024&LicenseId=1072

Now it really is monopoly money. YESSSS.

Thanks for the link. The question remains why the site was last updated February 28th 2008 perhaps needs to update. Contact Webmaster?

[Hareeba!]

I noticed that, too. One has to wonder what that could infer? That the site is still active? Maybe the site never updated? Maybe it goes inactive after x-amount of months. Oh the drama.

contact the Gaming Commission and ask them

[TodayIsForgotten]

Thanks for the link. The question remains why the site was last updated February 28th 2008 perhaps needs to update. Contact Webmaster?

Hmm, nice find. The plot thickens.

Hareeba - I personally don't care. It wasn't my inquiry just some theories I have.

Thanks Patrick!

[JoshW]

Haven't got updates from WSEX directly, but a number of independent players have report payments. Long slow pay, but still some movement.

I am going to be traveling again without much Internet access for the next ten days so update from me will be slower and responses to emails and PMs will take longer.. I will hopefully be able to check in. Contact our complaint form address if you need more immediate help on a issue.

[carysb7478]

I've made 3 courier withdrawl requests for $3k each on 3/31/10, 4/2/10, and 4/5/10. I have yet to receive tracking numbers, much less a check yet. They are giving me some bs about the "processors" being backed up. They did refund me the courier fees, but doesn't do me much good w/o a check. I'd be happy to let them have those fees to get my $. Getting worried at this point....been a customer for 5+ years. Any help much appreciated

[RazzFan]

contact the Gaming Commission and ask them

I tried this and have not gotten any response. Does anyone else know how we can verify what if any licenses that WSEX still holds?

[TodayIsForgotten]

I tried this and have not gotten any response. Does anyone else know how we can verify what if any licenses that WSEX still holds?

Would you dare call the number? (: Phone: (268)481-3300

[RazzFan]

Would you dare call the number? (: Phone: (268)481-3300

I was going to but now wondering if I should avoid stirring up any trouble. The last thing I want to do is get WSEX shut down completely before I and others get all our outstanding checks.

I do have a question for the other peeps waiting on cashouts. Has anyone received a cashout made in February yet?

[Scorpion]

I've made 3 courier withdrawl requests for $3k each on 3/31/10, 4/2/10, and 4/5/10. I have yet to receive tracking numbers, much less a check yet. They are giving me some bs about the "processors" being backed up. They did refund me the courier fees, but doesn't do me much good w/o a check. I'd be happy to let them have those fees to get my $. Getting worried at this point....been a customer for 5+ years. Any help much appreciated

If I were you I would request a book transfer to BetCris sportsbook or matchbook

[carysb7478]

If I were you I would request a book transfer to BetCris sportsbook or matchbook

Thanks for your reply.

Edit: I just realized I do have a MB account, but haven't used in years. Ok my questions stand:

A) Does wsex still allow book-book transfer to MB? Has anyone confirmed this recently? Time-frame?

B) Is MB fairly quick/good with withdrawls? Any rollover requirements? I really don't want to roll over $9k 4x or something similar to get it out, I don't trust myself to possibly lose that am't just trying to meet a requirement

I really appreciate any help you can give. Not too thrilled about being owed $9k for well over a month now

FYI, I am in the US and used a CC for my deposit

[durito]

Thanks for your reply.

Edit: I just realized I do have a MB account, but haven't used in years. Ok my questions stand:

A) Does wsex still allow book-book transfer to MB? Has anyone confirmed this recently? Time-frame?

B) Is MB fairly quick/good with withdrawls? Any rollover requirements? I really don't want to roll over $9k 4x or something similar to get it out, I don't trust myself to possibly lose that am't just trying to meet a requirement

I really appreciate any help you can give. Not too thrilled about being owed $9k for well over a month now

FYI, I am in the US and used a CC for my deposit

They don't allow any transfers if you deposited by cc. (you'd have a large rollover anyway and be limited to a 2,500 transfer per month, so you'd still be looking at a many month wait),

[trumpdown]

Thanks for your reply.

Edit: I just realized I do have a MB account, but haven't used in years. Ok my questions stand:

A) Does wsex still allow book-book transfer to MB? Has anyone confirmed this recently? Time-frame?

B) Is MB fairly quick/good with withdrawls? Any rollover requirements?

I really appreciate any help you can give. Not too thrilled about being owed $9k for well over a month now

a) Yes. One 2500 transfer per month so this would take you a 4 month time-frame.
b) Withdraw time very reasonable. 4x roll-over requirement.

However, they see you transfer via WSEX roll-over and then request cash-out you are playin with fire as a "pass-through" and will lose this option as well.

[carysb7478]

thanks for the info Durito & trumpdown....

So it looks like my best bet is just to sit tight and pray? Any other ways to possibly get wsex to get their butt in gear?

FYI, I just got off the phone with MB and they confirmed the 4x rollover requirement.

[carysb7478]

called wsex and asked to speak to a manager....was transfered & told they were down to 1 bank from 3, they were getting close to being caught up and that most checks would be out around a week & a half....

most likely total BS, but I've got my fingers crossed. I'll post any updates if/when I receive tracking #'s or God forbid an actual check, & I hope others will as well.

Thanks for any help in this matter

[relaaxx]

it is now been over 10 weeks. 2/24 withdrawl.
















weekly email to WSEX got this response from WSEX


Dear xxx,

We have changed processors and hopefully it gets a lot better in terms of processing. Your continued patience is appreciated.

Regards,


Alivia

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

[RazzFan]

called wsex and asked to speak to a manager....was transfered & told they were down to 1 bank from 3, they were getting close to being caught up and that most checks would be out around a week & a half....

most likely total BS, but I've got my fingers crossed. I'll post any updates if/when I receive tracking #'s or God forbid an actual check, & I hope others will as well.

Thanks for any help in this matter

No, it is total bullshit. I have been calling since March about outstanding cashouts, and they always give me that same line of crap. At this point my optimism is gone, and I don't think after 3 months any of my checks will ever show up.

[carysb7478]

anyone have any updates? none so far here

[trumpdown]

Here's an update. I was sent a max check but in the interim moved and didn't receive tracking numbers to contact Fed-Ex to arrange pick-up. This was originally requested Feb. 8th via courier. Due to my worry of returning to the back of the queue by updating my mailing address I missed out and check was returned. For what it is worth though this tells me they're working on February pay-outs. Tough break, but we will continue to patiently wait.

[RazzFan]

Here's an update. I was sent a max check but in the interim moved and didn't receive tracking numbers to contact Fed-Ex to arrange pick-up. This was originally requested Feb. 8th via courier. Due to my worry of returning to the back of the queue by updating my mailing address I missed out and check was returned. For what it is worth though this tells me they're working on February pay-outs. Tough break, but we will continue to patiently wait.

Trumpdown, that is a pretty bad beat. I hope they just get that check back to you. I appreciate your post though, as your February 8th request date gives me some faith again that my 2/15 payout could be sent out soon.

[trumpdown]

Trumpdown, that is a pretty bad beat. I hope they just get that check back to you. I appreciate your post though, as your February 8th request date gives me some faith again that my 2/15 payout could be sent out soon.

I pretty much posted for whomever to take some solace in knowing they're continuing to pay albeit very late. My "plan" would've been spotless IF they would've sent me the tracking numbers as they have always done before. I was told via tele they "hope" to get February caught up within 2 weeks... (also waiting on 2/15, 2/22 request)

[bigloser]

I pretty much posted for whomever to take some solace in knowing they're continuing to pay albeit very late. My "plan" would've been spotless IF they would've sent me the tracking numbers as they have always done before. I was told via tele they "hope" to get February caught up within 2 weeks... (also waiting on 2/15, 2/22 request)

still waiting on Jan 22nd