[Warning] Betwws and Wagercoast Issues

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  • Efitz1021
    SBR Rookie
    • 05-09-25
    • 6

    #36
    Has anyone gotten paid from them? I was up about $6,000 and they closed my account and refused to pay and accused me of cheating.
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 61350

      #37
      Originally posted by Efitz1021
      Has anyone gotten paid from them? I was up about $6,000 and they closed my account and refused to pay and accused me of cheating.
      How did they say you cheated?

      There is another current report about a user being stiffed 8K for not being a recreational player.
      .
      Comment
      • Efitz1021
        SBR Rookie
        • 05-09-25
        • 6

        #38
        This is the email Willy from Wagercoast sent me:

        Our risk and compliance team recently reviewed your wagering activity as part of our routine monitoring. During this process, certain patterns were identified that align with what is known in the industry as "steam betting" and "syndicate action"

        It’s crazy because I slowly built up my total and am not any kind of pro.
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 61350

          #39
          Originally posted by Efitz1021
          This is the email Willy from Wagercoast sent me:

          Our risk and compliance team recently reviewed your wagering activity as part of our routine monitoring. During this process, certain patterns were identified that align with what is known in the industry as "steam betting" and "syndicate action"

          It’s crazy because I slowly built up my total and am not any kind of pro.
          They are saying you bet slow moving lines at around the same time as other people jumped on the same odds.

          Are you following a tipster? Do you only bet at Wagercoast when you find the best line/odds there? Have you bet on any obvious line errors?
          .
          Comment
          • Hero Man
            SBR Hustler
            • 11-19-20
            • 93

            #40
            I've had a payout request not paid since February 26....BEFORE the DOS attack. They have assured me several times of payment but have failed. The only logical conclusion is that they do not have the funds. I will post if I get paid.
            Comment
            • Efitz1021
              SBR Rookie
              • 05-09-25
              • 6

              #41
              I don’t even know how to follow a tipster, I’m very much new to all of this. I was just placing wagers on live basketball. I was only using wagercoast and no other books, I understand some people use software or something but I don’t even know how to do to all of that.
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 61350

                #42
                Originally posted by Efitz1021
                I don’t even know how to follow a tipster, I’m very much new to all of this. I was just placing wagers on live basketball. I was only using wagercoast and no other books, I understand some people use software or something but I don’t even know how to do to all of that.
                That suggests they are just making up an excuse totally then.

                .
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61350

                  #43
                  How did you two come across this bookmaker?

                  Google search shows up SBR Forum as the only non-company site to mention them at all https://www.google.com/search?q=Wagercoast
                  .
                  Comment
                  • Darker
                    SBR Rookie
                    • 03-13-25
                    • 3

                    #44
                    Originally posted by Optional
                    How did you two come across this bookmaker?

                    Google search shows up SBR Forum as the only non-company site to mention them at all https://www.google.com/search?q=Wagercoast
                    betwws is now wagercoast
                    Comment
                    • Efitz1021
                      SBR Rookie
                      • 05-09-25
                      • 6

                      #45
                      I think I signed up for betwws but I got a text from someone named Michael Money giving me my wagercoast login
                      Comment
                      • Hero Man
                        SBR Hustler
                        • 11-19-20
                        • 93

                        #46
                        Nearly 4 months now without a payment. I keep getting assurances from their agents but customer service declines to answer my emails. I think they might be toast but I will report if they can come up with some sort of payment
                        Comment
                        • Hero Man
                          SBR Hustler
                          • 11-19-20
                          • 93

                          #47
                          Anybody else here still waiting for a payment from wagercoast (formerly betwws)? They keep saying "soon" but haven't made an attempt to pay anything. I will report if/when that changes
                          Comment
                          • Darker
                            SBR Rookie
                            • 03-13-25
                            • 3

                            #48
                            Originally posted by Hero Man
                            Anybody else here still waiting for a payment from wagercoast (formerly betwws)? They keep saying "soon" but haven't made an attempt to pay anything. I will report if/when that changes
                            Received 3000usd after 47 days
                            Comment
                            • Hero Man
                              SBR Hustler
                              • 11-19-20
                              • 93

                              #49
                              4 and a half months and counting now without a payout....they're,still working on it!
                              Comment
                              • Ksherm
                                SBR MVP
                                • 07-13-10
                                • 1066

                                #50
                                does betwws pay?
                                Comment
                                • Hero Man
                                  SBR Hustler
                                  • 11-19-20
                                  • 93

                                  #51
                                  Originally posted by Ksherm
                                  does betwws pay?
                                  LOL....They claim to pay...as long as you lose! After 5 months of promising to pay in full from Barry, Willy, Gary, Pri, guess what?....They sent me the "We've decided you're a professional letter and we're keeping your balance and and all deposits. These low lifes are
                                  typical of a classless outfit that can't pay once you hit and will make any excuse to cover their ass
                                  Comment
                                  • scooter11151
                                    SBR Rookie
                                    • 05-09-24
                                    • 10

                                    #52
                                    I got the same thing today...


                                    Following an extensive review conducted by our Risk Management team, your account has been classified as sharp and not reflective of recreational betting behavior. This classification represents a direct violation of our Terms and Conditions, specifically Rule 5.6.
                                    Violations Identified:


                                    1. Steam and Syndicate Play
                                    Our analysis found clear evidence that your account has been engaging in steam betting, particularly through the exploitation of halftime lines—placing wagers in close proximity to rapid market movement and line shifts. Additionally, wagering patterns are consistent with syndicate behavior, which involves coordinated or signal-based betting strategies. These actions are strictly prohibited under Rules 5.3 and 5.6 of our Terms and Conditions.

                                    2. Lack of Recreational Indicators
                                    Your wagering history shows:
                                    • No use of parlays, teasers, or other high-variance betting formats typically associated with casual play.
                                    • A systematic and risk-controlled approach, indicative of a professional betting strategy.

                                    3. Statistical Irregularities
                                    Our performance analysis over a significant sample of wagers at standard -110 odds revealed a win rate exceeding 65%, a result that statistically has less than a 0.1% probability of occurring by chance. This strongly suggests the use of predictive models or informational edges, which are outside the scope of acceptable use for our platform.

                                    As a result of these findings, your account has been permanently closed, and any remaining balance has been withheld in accordance with our Terms and Conditions due to clear and repeated violations.

                                    We appreciate your understanding. Please note that this decision is final and not subject to appeal. Should you have any further questions, you may reply to this email


                                    Best Regards,

                                    Risk Management Team
                                    Comment
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