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WSEX Slow Payout Updates

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#1591

Default Not so happy anniversary

I have now been waiting over one year on a withdrawal request from Nov 5 2009.

I have 5 others max requests open as well, and several more I would make if I thought they
would get paid any time soon. At least I did get one check each in September and October
after receiving none since April.

They just cut my limits to $100 so its not even worth the effort to bet my play money there now.

The fact that one person got a greater than $3000 check is somewhat encouraging, though.
#1593

Default

Received the following email from WSEX today :-

Dear xxxx,

Thanks for choosing World Sports Exchange.
Your withdrawal request has been sent via Fed-Ex, listed is a tracking number for your Package. Tracking no.: xxxxxxxxxxxxx.

Should you have further questions we can be contacted via the live chat option, email or the number listed below.


Regards,

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

Have 6 pending withdrawals. Presume this is just one payment. Should receive Friday sometime. So will update once check clears.
#1594

Default

Quote Originally Posted by relaaxx View Post
will be done will rollover next week. up a few thousand on deposit. can't wait to see how new check withdrawls work out.
had a b2b done this week. glad to see old withdrawls getting paid - but not being paid up fast enough- . hoprfully that check coming to absolutelyonfire will be huge. seems they are trying
#1595

Default

Quote Originally Posted by relaaxx View Post

had a b2b done this week. glad to see old withdrawls getting paid - but not being paid up fast enough- . hoprfully that check coming to absolutelyonfire will be huge. seems they are trying
not holding my breath about receiving large check....expect it will be 3K which will be one payment closer to being paid off....will let you know
#1596

Default Ponzi

At this time in offshore betting history, WSEX is nothing more than a PONZI scheme.

And to put new cash there for a 30% bonus with a 12X rollover . . . or much less leave $$ there . . . pleeze . . . there are many, many better books to risk your $$ with than this one!

Last edited by sky1; 11-17-10 at 11:01 PM.
#1597

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Quote Originally Posted by sky1 View Post
At this time in offshore betting history, WSEX is nothing more than a PONZI scheme.

And to put new cash there for a 30% bonus with a 12X rollover . . . or much less leave $$ there . . . pleeze . . . there are many, many better books to risk your $$ with than this one!

You don't get it, some of us would like to help this book, because unlike some drama queens our lives do not seem to depend on the amount we have in there.
#1598

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WSEX really messed up because they thought they were the king of the mountain on the internet. They closed their affiliate program in the early days when they were top dog. I guess they didn't think they needed advertising on the net.

Anyways, I received an email from them (right when these problems started) about a year ago how they were inviting me into their affiliate program. It was a bit too late for them.

They basically let their customer base dwindled to nothing. It's a shame because I don't think their scammers, I don't think their anything but a good company who f**ked up so bad because they didn't know how to keep up with the times. Nevertheless, this is how a good company can go bad. Bookmaker is next in line (go ahead laugh) because of what they did to their affiliates.

If you want to make money off the internet you have to be part of the internet.
#1600

Default

Quote Originally Posted by danger View Post
I have now been waiting over one year on a withdrawal request from Nov 5 2009.

I have 5 others max requests open as well, and several more I would make if I thought they
would get paid any time soon. At least I did get one check each in September and October
after receiving none since April.

They just cut my limits to $100 so its not even worth the effort to bet my play money there now.

The fact that one person got a greater than $3000 check is somewhat encouraging, though.
have u tried book transfer method?
#1601

Default Making Bad Choices

Quote Originally Posted by Monte View Post
You don't get it, some of us would like to help this book, because unlike some drama queens our lives do not seem to depend on the amount we have in there.
Monte,

I don't get it??? . . . . . . It appears that you are in favor of "helping" by rewarding WSEX' bad behavior, misleading, and deceptive practices.

A review of the offshore sportsbook industry is replete with defunct books who had many similar characteristics to those currently and in the recent past exhibited by WSEX . . . leaving thousands of naive players with collective losses aggregating in the millions, yes millions, of dollars.

With WSEX (current SBR The Avoid List rating of "D" . . . SBR advises "If you have money in an account with any of them, you should pull your funds out immediately and Run!"). It not a matter of if but rather when with WSEX . . . which will again leave many naive players relying on what will become phantom statement balances.

(BTW, CreditWagering.com (current SBR The Avoid List rating of "D-") is another book that players should not be making deposits to or leaving funds with, as they have exhibited some of the same characteristics as WSEX . . . however, in the instance of CW, their business model was flawed from the beginning. )

Monte, if you want to make a charitable contribution, you should rather consider making it to your favorite charity.

#1603

Default

30% bonus - 12xx roll and limiting players tells me they are still hopeing to be in business for awhile. i have deposited(last check i had coming) did the roll and asked for a b2b(which was done) and a check(which i am waiting for,regular mail). if the check comes in 2 months i'll be fine. would not give other books i play at 2 months, but WSEX has made me so much money over the years that i am ok with it. and as long as they can keep doing transfers i am fine with playing there and depositing if i have to. the only problem i still have with them is they have not paid everyone off completely. too many people owed way too much for way too long. but they are trying. any other book would have closed the doors and everyone would have lost all that was owed a couple years ago. but they keep trying to get back to being a successful business. i am pulling for them and this way everyone still owed money, gets paid. i think WSEX will be around for many more years to come. there are many better books out there - i play at 8 right now - but i will also keep playing at WSEX. been playing online for over 8 years - got ripped off a couple times, and i know it could happen again. it's a gamble i am willing to take. same way i feel about WSEX. it's a gamble i am willing to take.