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WSEX Slow Payout Updates

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#1520

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Quote Originally Posted by Absolutelyonfire View Post
It's unbelievable payment is made from end of August when I've been waiting 241 days and haven't received one single payment yet !!! Unreal !!!
Its definitely not FAIR, but it doesn't surprise me, financially stressed businesses do this all the time. They can pay you $21,000 and have ONE customer paid in full (and not complaining) or use that same $21,000 and probably pay off at least a DOZEN other customers in full. Usually the largest liabilities in these situations are the last to get their $$. Definitely not fair to you, but I'm sure wsex is trying to maximize the bang for the limited bucks they have to pay out.
#1521

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Quote Originally Posted by BackDoorCover View Post
Its definitely not FAIR, but it doesn't surprise me, financially stressed businesses do this all the time. They can pay you $21,000 and have ONE customer paid in full (and not complaining) or use that same $21,000 and probably pay off at least a DOZEN other customers in full. Usually the largest liabilities in these situations are the last to get their $$. Definitely not fair to you, but I'm sure wsex is trying to maximize the bang for the limited bucks they have to pay out.
Well, I just received a check for 5,000. I received one for 3,000 a few weeks ago. Assuming this check goes through that will pay off my 3 checks. The furthest one dating back to 2/23/10. I dont know if this means they are going to start paying again. Part of me wishes I would have continued to bet there for the hell of it and the other half says no. I still have 5500 in my account. Dont know what to do.
#1522

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Quote Originally Posted by TodayIsForgotten View Post
Well, I just received a check for 5,000. I received one for 3,000 a few weeks ago. Assuming this check goes through that will pay off my 3 checks. The furthest one dating back to 2/23/10. I dont know if this means they are going to start paying again. Part of me wishes I would have continued to bet there for the hell of it and the other half says no. I still have 5500 in my account. Dont know what to do.
i got 1st check(7 months late) 2 weeks ago(it did clear). called and cancelled 2nd check for the 30% bonus. hope more people do the same. so they will have money to pay me but even more important is that this book gets back to where it was. i like playing there. like the set up. like live betting there. but all this is meaningless if they can't get back on thier feet. and that takes people trusting them again and depositing. do not see why anyone would trust them already but -- i did and hope others will.
#1523

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Quote Originally Posted by carysb7478 View Post
received a tracking number when I went on their live chat this am.....hopefully this one doesn't bounce like the last. Still awaiting 2 more
Looks like I've given this one enough time after depositing it to confirm that it has cleared my bank fine, unlike the first check they sent. Still waiting on 2 max checks from 4/2 & 4/5. They won't give me any sort of time frame. Frustrating but at least I'm more confident they will pay up
#1525

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Quote Originally Posted by relaaxx View Post
i got 1st check(7 months late) 2 weeks ago(it did clear). called and cancelled 2nd check for the 30% bonus. hope more people do the same. so they will have money to pay me but even more important is that this book gets back to where it was. i like playing there. like the set up. like live betting there. but all this is meaningless if they can't get back on thier feet. and that takes people trusting them again and depositing. do not see why anyone would trust them already but -- i did and hope others will.
I too love the site and live betting but i have way too much money in my account to take a 30% bonus. I don't recall receiving that offer either. I respect your loyalty. I am still on the fence.
#1526

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Quote Originally Posted by TodayIsForgotten View Post
I too love the site and live betting but i have way too much money in my account to take a 30% bonus. I don't recall receiving that offer either. I respect your loyalty. I am still on the fence.
i know what you mean. i only took the 30% bonus because i had under a $1000 left. the week before i was able to move over $3000 to other sites, in live betting. good luck - in whatever you decide to do.
#1528

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Quote Originally Posted by Absolutelyonfire View Post
WSEX Sportsbook (SBR rating D) update.

WSEX has settled 5 more player slow-pay complaints. WSEX still owes $102,029 to 10 players. A new player was added to SBR's slow-pay list this week who has $3,000 and $2,960 withdrawals pending. His checks were requested on March 11th and April 13th. WSEX has stated that player will receive one check next week with the subsequent one to follow. Players in need of sportsbook assistance with WSEX should fill out a sportsbook complaint form. | WSEX slow-pays

Recent players confirmed as paid in full
Player 1: Received $5,000 balance
Player 2: Receved $3,000 balance requested on May 10th
Player 3: Received $2,122 balance requested on August 30th
Player 4: Received $772 balance requested on April 5th
Player 5: Received $600 balance requested on February 25th


Outstanding slow-pays

Player 1: $30,299
Player 2: $21,000
Player 3: $20,870
Player 4: $6,000
Player 5: $6,000
Player 6: $5,960
Player 7: $3,000
Player 8: $3,000
Player 9: $3,000
Player 10: $2,900

Actually starting to believe I might actually see one of my payments in the not too distant future....I'm Player 2 on the slow pay list
I'm not on that list, but I would be Player 4. I am owed 15k dating since January.
#1530

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Quote Originally Posted by Monte View Post
I don't know how they make the payouts now, or how they even got in all that mess in the first place ofc.
My point was just that...can you imagine a book like Wsex actually stiffing ppl, and the industry like bookmaker etc. simply will watch the bad news spread?
I honestly can't, and that's why i still feel rather safe there...only time will tell if that is a fairy tale or not.
At what point can we call it a "stiff"?

Let's just say I requested a payout for $2000. 1 year later I do not have that $2000. Have I not been stiffed?

If a local owes me $2000 and avoids me like the plague for a year ... and only pays when he has no other choice, how do I recall that experience - that I did not get stiffed?

I say, "that's the guy who stiffed me for 2 grand! Finally got paid a year later!"

You tell me if he ever gets any action again.

I hope you all get paid, I hope WSEX recovers into the normal, dependable book it once was - but this has been a shitshow.