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WSEX Slow Payout Updates

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#122

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Quote Originally Posted by relaaxx View Post
got the entire amount owed to me today in the regular mail. the regular mail withdrawl and the remainder of the 2 fedex withdrawls in 1 check. thanks to everyone here especially josh. will ask for another regular mail free check today,hope it takes "only" 3 to 4 weeks. if they can get me a free check every four weeks i'm satisfied. thanks again
another $2500 transfer-another $50 fee. took a little longer than usual,took hours instead of minutes,like the last few did. do not expect regular mail withdrawl for 3 weeks. right now i think they will finially get my check to me in the time frame it is expected. i hope more of you are also getting paid, on time.
#123

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Quote Originally Posted by JoshW View Post
First a slow paying book is always a big issue. WSEX has been doing slow pays via checks for a while, so warning signs scream don't play with them until they get it figured out.

That said, for those who have played for years offshore, it is hard to think of WSEX as just a slow pay book. They did everything right, until the last year or so. They were respected by everyone. They offered unique betting options without giving away the store. They had some of the best management around. They never had any significant complaints about them. One of the three owners Jay Coehn, took on the US federal government to try to make offshore sports betting legal.

A couple years ago when asked what Caribbean book I would keep six figures in if I had no choice, it was WSEX. So that is a lot of history, and why I don't think they will end up stiffing players.

That said, your balance is your money, and I can't think of any reason to keep money with them unless they offer something that is so different than any other book that you can stand to lose it. This is a significant slow pay. Just one that I hope ends well.

Will be back with an update today.
JoshW...that's a good summary as to why the WSEX situation is so vexing. If you play offshore you want to be able to trust someone, and a book with their history of both integrity and innovation seems like they've done more to earn than trust than anyone. That's why I paid almost no attention to the chorus of complaints in the first months of this situation. I bought the payment processor story, and figured it was just a matter of sending out another round of checks.

What I would like to ask you, though, is why you think WSEX doesn't have the money. Is it just a matter of the customer base shrinking so much costs started to outrun profits? Or did they run into trouble putting up good interactive prices and get hit, or take losses because of an indifferent linesman? Or did somebody stiff somebody? Or did someone start living large? Or were there perhaps some bad investments made with the float that got hit by the meltdown?

There's got to be a reason for their liquidity issues, and in this small connected world at some point that's gotta come out.
#124

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Quote Originally Posted by actionaddict86 View Post
Today I got the tracking number for a check in the amount of 1900....requested from july 27 keep up the great work josh
i still have heard nothing from them on a $1350 check request from June 15th. Josh is working on it and I'll post in here as soon as I hear from them.
#127

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Quote Originally Posted by JohnnyC View Post
"we have been having problems with the withdrawal page, this is beyond our control and we are trying to get this resolved."

LIES LIES LIES
That's the same line of bull they've been feeding me the last couple of times I was on chat with them. I'm waiting on a $2,500 Moneybookers payout, requested August 26th.
#128

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Quote Originally Posted by Elvis View Post
That's the same line of bull they've been feeding me the last couple of times I was on chat with them. I'm waiting on a $2,500 Moneybookers payout, requested August 26th.

When Elvis has had enough and leaves the building its getting pretty bad.

Disgusting when they flat out lie!!1
#129

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Quote Originally Posted by TomG View Post
I req'd a $5k withdrawal check from WSEX on 7/8/2009. After about 6 weeks and no check I asked JoshW to add my name to his list for follow-up. Today WSEX emailed me with a tracking number and presumably the "check is in the mail."
Update: Check received via USPS today.
#130

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Quote Originally Posted by JohnnyC View Post
"we have been having problems with the withdrawal page, this is beyond our control and we are trying to get this resolved."

LIES LIES LIES
I cannot believe that they still stuck with this excuse - problem with the withdrawal page ... it is absolutely amazing that the deposit page is perfect operational at all times
#131

Default I've been waiting since 5/19

I've been waiting for a $5,000 payout since May,19. In 5 days it will be 4 months. Has anyone else had to wait this long? Everyone else's delay seems to be 7-8 weeks. Let me know what the longest delay currently is for anyone else and/or what they did to resolve it.

On a sidenote I see that Sportsbook.com has a D- rating. Did I read that right? I have gotten all of my checks from them this year within a week of requesting. They also allow me to make 3 free withdrawls per month. Just curious how they ended up with the D- rating. I've always trusted them 100%.
#132

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Quote Originally Posted by jpete1966 View Post
I've been waiting for a $5,000 payout since May,19. In 5 days it will be 4 months. Has anyone else had to wait this long? Everyone else's delay seems to be 7-8 weeks. Let me know what the longest delay currently is for anyone else and/or what they did to resolve it.

On a sidenote I see that Sportsbook.com has a D- rating. Did I read that right? I have gotten all of my checks from them this year within a week of requesting. They also allow me to make 3 free withdrawls per month. Just curious how they ended up with the D- rating. I've always trusted them 100%.
Sooner or later, Sportsbook.com will steal from you.
#133

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JoshW, Ty for your help.1 check down, 5 more to go.heheh .I just got an email that my check been fedex, should be coming tomorrow.CS said the check is for the Aug 4th. Im still waiting for checks from
Jun 26,
july 17,
aug 10,
aug 17,
aug 31.
I dont know why they skip the two earlier checks? Maybe i believe because its over the 3k limit the new processor has going on?
Last edited by BornTukill; 09-14-09 at 07:21 PM.
#134

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I'm so glad I'm done with WSEX...& I was probably one of the first players there...my only book for 10+ years. Must've placed 15-20k action every week for those 10 years...if not more. I've gotta say that they DID pay me over $60k without a hitch during neteller card days, but that's ancient history now. Recently it took them over 6 weeks to pay me $5k, and I considered myself a LOYAL customer for all those years, and considered myself lucky that the checks didn't bounce. Just like my ex, they're off my radar now and I can only wonder why it took me so long.
#135

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I have a couple of new complaints. One Moneybooker and one Neteller. Otherwise, no updates on checks. Seems the group of payouts they made over a week ago, have quickly led to more of the same. I have emails out to a couple people at WSEX, but lack of communication is the story at the moment.