Wagerweb Theft of almost 10K

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  • gym rat
    SBR Sharp
    • 01-25-07
    • 476

    #71
    Can anyone else confirm that these particular A books accept and payout without any problem on Correlated parlays. I think every gambler should go to bookmaker and the Greek to pick up some quick cash. Justin, do you know if 5 Dimes accept correlated parlays as well? By correlated parlay, I'm assuming we are talking about the same type of wagers poster has referred in earlier posts.
    Comment
    • Justin7
      SBR Hall of Famer
      • 07-31-06
      • 8577

      #72
      gym rat's statements are neither accurate nor logical. I wouldn't give them any weight (at least from post #68.

      FYI, I'm writing up my final recommendations on this one Friday. Wagerweb seems to be blowing me off.
      Comment
      • gym rat
        SBR Sharp
        • 01-25-07
        • 476

        #73
        Originally posted by trixtrix
        what do you mean by virtuall ALL books? aside from wagerweb, canbet, and sportsbook.com; can you name some other sportsbook that retroactively no actions wagers?

        b/c it's not the industry norm, the industry norm by b rated boooks and above is to pay you then either lower your limit or fix their software. that's the whole pt i was trying to make
        Well by no actioning, they are voiding all those bets which would leave you with the $1000 or $2000 you originally deposited. However in your eyes, the money is being stolen. It all depends on perspective. I don't place correlated parlays because I was under impression that these were not allowed however now that Justin says that Greek and Bookmaker as well as Vegas accept them and payout no problem, I might look into this. Hey Trix, why would you even mess with WagerWeb and Sportsbook.com as far as Correlated parlays, when you can go to Greek and Bookmaker as well as Legends and BetPhoenix which are all higher rated and GET PAID or are you already kicking their asses?
        Comment
        • trixtrix
          Restricted User
          • 04-13-06
          • 1897

          #74
          no, they *said* they no actioned my bets, in fact they did NOT. my net winning in parlays were 4k+ there, yet they confiscated 9k+, just another lie they told

          I had bonus rollovers and better lines at lower books, which is why i bet there ALSO (yes i have never had a parlay cancelled by a B rated book or above)
          Comment
          • gym rat
            SBR Sharp
            • 01-25-07
            • 476

            #75
            Hey Trix, why would you even mess with WagerWeb and Sportsbook.com as far as Correlated parlays, when you can go to Greek and Bookmaker as well as Legends and BetPhoenix which are all higher rated and GET PAID or are you already kicking their asses?
            Comment
            • trixtrix
              Restricted User
              • 04-13-06
              • 1897

              #76
              are you trolling gym rat?

              whether i'm killing the other books have no impact on the issue at hand, yes i currently have accounts on b rated books and higher, yes i have placed parlays which was always paid when it won. i may or may not "killing" the books, btw winning 4k on parlays is NOT considered killing the books as far as B and above rated books are concerned. maybe to wagerweb.

              the argument that one should only stick to highly rated books for +ev opportunities is illogical, the more outs you have the more +ev opportunities you will have. simple as that
              Comment
              • BigDaddy
                SBR Hall of Famer
                • 02-01-06
                • 8378

                #77
                i hate that he is getting stiffed.

                but i also hate these threads as they just kill stuff like this.

                5dimes stiffed me on CP's and i never complained as i beat them out of so much it didn't matter to me the small amount on my last payout i never recieved.

                of course the cp's were 100% correlated but they took them

                at one time the software allowed NFL parlays pitt-3 pitt-3.5

                LOL!
                Comment
                • gym rat
                  SBR Sharp
                  • 01-25-07
                  • 476

                  #78
                  I'm not trolling however I'm learning which could be quite profitable in near future. This forum is to share ideas and opinions to help our sportsbetting experiences. I never knew that most high rated books accept these wagers without any problems so I have been enlightened.
                  Comment
                  • gym rat
                    SBR Sharp
                    • 01-25-07
                    • 476

                    #79
                    Originally posted by BigDaddy
                    i hate that he is getting stiffed.

                    but i also hate these threads as they just kill stuff like this.

                    5dimes stiffed me on CP's and i never complained as i beat them out of so much it didn't matter to me the small amount on my last payout i never recieved.

                    of course the cp's were 100% correlated but they took them

                    at one time the software allowed NFL parlays pitt-3 pitt-3.5

                    LOL!
                    at one time the software allowed NFL parlays pitt-3 pitt-3.5

                    You have to be kidding me!!!!!!
                    Comment
                    • trixtrix
                      Restricted User
                      • 04-13-06
                      • 1897

                      #80
                      this thread needs to stay on focus people, WagerWeb retroactively STOLE almost 10K balance from me, 1.5+ months AFTER the wagers have been graded/settled. pls no more diversionary talk, if you have to ask a question regarding betting tactics goto the handicapping room
                      Comment
                      • Justin7
                        SBR Hall of Famer
                        • 07-31-06
                        • 8577

                        #81
                        Originally posted by gym rat
                        at one time the software allowed NFL parlays pitt-3 pitt-3.5

                        You have to be kidding me!!!!!!
                        If a CP is 100% correlated, it's fair to void them, or void the leg with a correlated of 1.0. Pitt -3.5 with -3.0 is 100% correlated, as is Pitt -3.5 with Pitt ML.

                        None of trixtrix's parlays fell into this subset. Unless I see something new (and I'm now going on day 8 for wagerweb to give ANY evidence of its defenses), Wagerweb owes the player.

                        I can't believe that 1. I'm wasting my time on a CP issue when Wagerweb had 100% control over its software and could stop every one, and 2. Wagerweb is the one pulling a foul! I've worked with this book many times, and never had problems resolving issues... But this is complete and utter crap. If they behave like Sportsbook.com, I'll recommend a similar rating.
                        Comment
                        • korbal29
                          SBR Wise Guy
                          • 10-25-09
                          • 751

                          #82
                          Comment
                          • durito
                            SBR Posting Legend
                            • 07-03-06
                            • 13173

                            #83
                            Originally posted by gym rat
                            I'm not trolling however I'm learning which could be quite profitable in near future. This forum is to share ideas and opinions to help our sportsbetting experiences. I never knew that most high rated books accept these wagers without any problems so I have been enlightened.
                            You need to learn what correlated means (as do many sportsbooks).

                            A book cannot simply say, no "correlated parlays".

                            Go try and bet Saints -9 and over 53.5. Any book in the world will take this parlay. It is in fact correlated. The correlation is not sufficient enough to make it a profitable parlay, but it is still correlated.

                            Different books have set their software to take parlays up to a certain amount of correlation, it is not the same at all books. If wager web won't take under 45 and +40 on the same bet, it's obvious they can set their software to block certain parlays. How is the player then to know at what level wager web really disallows correlated parlays?
                            Comment
                            • oiler
                              SBR Hall of Famer
                              • 06-06-09
                              • 6585

                              #84
                              thats brutal
                              Comment
                              • Docta Ignoranti
                                SBR High Roller
                                • 08-26-09
                                • 141

                                #85
                                Trix, sorry to hear this has happened to you by WagerWeb/Casablanca. Usually, I agree with Rob because he is very rational and well spoken poster here on SBR. Its nice to read a comment from Rob vs a stupid one by JohnnyC. In saying that, I don't agree with him here. No doubt, Trix money was stolen by WagerWeb. WagerWeb utilizes ASI software and has the ability to limit its so called correlated parlays if it wanted to. This is a simple case of sportsbook theft. No matter what the size of the parlay or the limits in place, if the software (if wagerweb) allowed the bet to go through it should fullfill it's obligation to the player and pay his or her winnings. This is a book "reaching" for an angle to better its hold balance.
                                Comment
                                • Dunder
                                  Restricted User
                                  • 10-26-09
                                  • 3345

                                  #86
                                  Originally posted by trixtrix
                                  this thread needs to stay on focus people, WagerWeb retroactively STOLE almost 10K balance from me, 1.5+ months AFTER the wagers have been graded/settled. pls no more diversionary talk, if you have to ask a question regarding betting tactics goto the handicapping room
                                  With one or two exceptions, I think everyone agrees that you are entitled to your winnings, but............

                                  Executing these bets at lower rated books results in a significant increase in the chances that your winnings will be confiscated. You are obviously experienced and should know that.

                                  I hope that Justin can help you out here.
                                  Comment
                                  • droc
                                    SBR High Roller
                                    • 03-17-09
                                    • 181

                                    #87
                                    Does anybody know if the ownership/management has changed hands recently at wagerweb, or is the same person that ran casablanca (betcbs), still running the show here?
                                    Comment
                                    • Docta Ignoranti
                                      SBR High Roller
                                      • 08-26-09
                                      • 141

                                      #88
                                      Originally posted by droc
                                      Does anybody know if the ownership/management has changed hands recently at wagerweb, or is the same person that ran casablanca (betcbs), still running the show here?
                                      Yes, the book has changed hands and no the same person who ran the original betcbs is no longer running the show.
                                      Comment
                                      • Emily_Haines
                                        SBR Posting Legend
                                        • 04-14-09
                                        • 15917

                                        #89
                                        I think if a book takes a bet there should be a time frame that the voiding/cancellation process needs to occur like say oh sometime before the game ends. Clearly waiting several weeks and then doing so is just plain outright theft. I can guarantee wagerweb will never see a dime from me.
                                        Comment
                                        • Docta Ignoranti
                                          SBR High Roller
                                          • 08-26-09
                                          • 141

                                          #90
                                          Poor management. Example, a player made 70 post plays and they didn't get it until he tried to cash out...not 1 or 2, 70!
                                          Comment
                                          • Pareto
                                            SBR MVP
                                            • 04-10-07
                                            • 1058

                                            #91
                                            I agree with robmpink on this one.

                                            Wagerweb is a recreational book, therefore they should be allowed to steal money from players they dont consider to be recreational.
                                            Comment
                                            • HeeeHAWWWW
                                              SBR Hall of Famer
                                              • 06-13-08
                                              • 5487

                                              #92
                                              Originally posted by Pareto
                                              I agree with robmpink on this one.

                                              Wagerweb is a recreational book, therefore they should be allowed to steal money from players they dont consider to be recreational.
                                              Or, to clarify, anyone who wins.

                                              Thus, lose and they get your money. Win, and they steal your money.
                                              Comment
                                              • Justin7
                                                SBR Hall of Famer
                                                • 07-31-06
                                                • 8577

                                                #93
                                                Wagerweb is still discussing this. They have some other issues that are dominating their time, but this one is still open.
                                                Comment
                                                • trixtrix
                                                  Restricted User
                                                  • 04-13-06
                                                  • 1897

                                                  #94
                                                  i like to thank everyone who participated in this thread from the bottom of my heart for their support (yes robmpink too), it sucks having almost 5 digits stolen from me just in time for the holidays but it warms my heart to see so many well-wishers and how the player community sticks together as a whole when there is obvious theft on the part of the book.

                                                  merry christmas everyone. i will wait for justin's followup report on this matter.
                                                  Comment
                                                  • robmpink
                                                    SBR Posting Legend
                                                    • 01-09-07
                                                    • 13205

                                                    #95
                                                    I'm not here to blow wagerweb. Yes I have gone over the edge in defending them at times and have rarely created threads about wagerweb. Maybe less than 5 in the 2 years I've been here. Mostly I relayed the pros and cons of my personal experiences with them. I assume that I rarely have a problem with them because if you saw what I bet, there is no way in hell I could be sharp overall. Yes, sometimes I found good lines.

                                                    Last year I noticed you could bet correlated soccer parlays. For example, Real Madrid -1 1/2 parlayed with the over 2 1/2. I made a few small parlays and they lost. I notified my host via live chat and told him a few days later, but oddly enough they still allowed it. For the rest of the season I bet a few more. Maybe 7 total. I lost more than i won but each time i did one I was nervous. Maybe that is why I didn't try to exploit this or maybe I'm not a sharp player. Actually a little of both.

                                                    The point I'm making is you should always have a feel for your surroundings. From playing there and reading the handful of complaints I have read over the years, they don't like advantage players or sharp.


                                                    That being said their timing of the removal of funds is past a reasonable timeframe. There is conflicting reports of this being addressed earlier. Possible Trix was never addressed and WW said they addressed him or WW maybe called and verbally told him or whatever. That is an important aspect.

                                                    Mostly I think Trix received the shit end of the stick and has every right to be pissed. The sharp play t&c could be clearer and they should provide this situation as an example like they have a clear example with their bonus period rule.

                                                    I still will play there and deposit without any concern. If I'm finding a profitable angle on them that could be questioned later on, I'll either hit it and roll the dice with whether it is considered sharp, play it sportatically to not make it stick out like a sore thumb, or just avoid it.


                                                    Bottom line is I hope you guys could reach a compromise or you get paid. If this is how they are enforcing this rule maybe they could tweek things a bit.
                                                    Comment
                                                    • Doug
                                                      SBR Hall of Famer
                                                      • 08-10-05
                                                      • 6324

                                                      #96
                                                      no surprise on this theft
                                                      Comment
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