What's happening with Creditwagering

Winner_13 · 03-21-10, 03:37 PM

it sucks when they dont pay and then you lose the money

nikossf · 03-21-10, 04:36 PM

I didnt even get a chance...

To lose it. ..They closed my account before losing anything... I just kept it around $1200 waiting for a payout to make sure they were legit. While checking on this withdrawal they kept telling me another day. Wait another day, wait another day. So I kept checking in with them and emailing, they closed my account saying I was emailing and chatting online too much...WTF?

nikossf · 03-21-10, 04:45 PM

What kind of book closes an account because the client is asking for his withdrawal too much? If you tell someone a certain day and you don't deliver of course the player is going to email again asking whats going on... THAT ONLY MAKES SENSE!!!...
So the book closes the account and gives no word regarding funds..WTF???

BillyCostigan · 03-22-10, 12:27 AM

Nik,

I owe CW some money that I'm going to have to pay off. Would you be interested in selling your acct(via CW transfer) for less than dollar/dollar. Obviously there is some risk with CW. I'd be willing to give you cash for the account that they apparently won't give you cash for.

xyz · 03-22-10, 09:32 AM

nikossf, did you get paid by check from CW? I think that is what you are saying in your edits. Please confirm, thanks.

nikossf · 03-22-10, 03:39 PM

Update.

Well, thanks for the replys everyone. No, I have never been paid yet from CW. Not by check or ** or Debit card. Not one single cent!!
I am owed over $1200 plus whatever was in my account before. (A little over $200 I believe.
If someone would like to buy their debt and take over the account sure but they closed my account because I was writing to many emails and going onto their chat too much.
I was told I would receive this in the next 10 days. So we shall see.
If someone would like to buy their debt though, sure.
Im owed over $1200 so I think at least $800 is sufficient. Thanks everyone.

THEGREAT30 · 03-22-10, 09:20 PM

Originally posted by BillyCostigan

Nik,

I owe CW some money that I'm going to have to pay off. Would you be interested in selling your acct(via CW transfer) for less than dollar/dollar. Obviously there is some risk with CW. I'd be willing to give you cash for the account that they apparently won't give you cash for.

how can he sell an account that he cant even currently access?

Winner_13 · 03-22-10, 10:18 PM

yea and what would creditwagering say?
youd obviously notify them?

Winner_13 · 03-23-10, 07:17 PM

I'm giving up on this site.

isles71 · 03-23-10, 07:52 PM

I think Credit Wagering, if it's not out of business tmw (where is that dude, let him back on, free him from the shackles), has a foolproof model for action junkies.

So that's how they will stay in business, if they continue to. At this point, EVERYONE who plays here should know the deal: you lose instantly, they will try to scare you to pay, but after a few months, they may forget about you. You win, you will wait. And wait. Then wait some more. Wait more. Wait three months. Maybe you'll be paid. Maybe.

If you get paid, then stiff them, well....who knows about what they have done to people on that page. But that seems to be everything that they do.

And if you have a ********** and don't want to send dirty **'s and buy gift cards and fax three to five forms of credit card info, well...they'll hook you up. I remember when I signed up with them, it was like a few hours.

So that's it. You sign up with them, know going in the deal. Also if you are down, yes, other people have noticed it too...they will work with you if you are down and at the end of the week, if you are down like 1200 and have no hope to get back, you can give them 400 or 500 and they will take it and you'll be ok.

nikossf · 03-23-10, 08:32 PM

ok,.and??

They still do not pay!! I have been owed $ for months now. Nothing,..
Read my previous posts; I ask about this too much so they close my account??!!!

WHAT KIND OF BOOK CLOSES YOUR ACCOUNT BECAUSE YOU ASK ABOUT YOUR WITHDRAWAL????

I keep getting told to wait till another day, wait another day..but nothing.
That's not a good way to operate. You can't keep good clients by not paying.
You also lose a lot more clients because players obviously talk. So why wouldn't I complain to others about not receiving funds. If it was a good book it would be the exact opposite. I would tell everyone and their mom about them.
But alas, this is not the case and these people do not pay!
If I was down, they would have been contacting me every HOUR to find out whats going on. On the other hand, as a player you have to wait months to receive your money..
Not good.

bigugly · 03-24-10, 12:51 AM

I think it's time to downgrade this book to F.

From everything I've read here, and from what I have heard from others, it seems like we have a desperate book making a last ditch effort to get all the cash it can before shutting down. I could be wrong, but SBR was always skeptical about the model.

The guy saying a month or so ago that the book would be going down in a few months appears to be on the right track.

Winner_13 · 03-24-10, 01:21 PM

lol he had like march 6 the date...CrazyLou and others on SBR have supported this book...lets see what happens this week

Winner_13 · 03-26-10, 01:46 PM

any updates LT/nikkofiss

jboy4 · 03-26-10, 02:06 PM

What kind of book gives you a $1000 line of credit?

Does not sound good.

oldtim · 03-26-10, 03:32 PM

Does SBR even have a rating on them?

nikossf · 03-27-10, 10:35 AM

D-

Still have not been paid. I was told the 31st of this month but then again, I have been told a day for the last 3 months and they still have not delivered.
Made threats to me if I did not stop emailing or sending chats they would send someone over and shut me up. PFB

Wassymac · 03-27-10, 10:53 AM

I'm waiting on my last W/D to get my balance down to zero. Started it as a debit card W/D on 3/10 but of course changed it to a moneygram request.

Jacey · 03-27-10, 11:06 AM

Was paid on a w/d req from Feb 1. Still waiting on a w/d from Feb 15. Have been told several times that it's due to the processors and stuff.........been waiting a long time on those processors

Winner_13 · 03-27-10, 01:03 PM

yea they gotta change their processors.

lol nikkoffis tell us more about the threats. they call u?

nikossf · 03-28-10, 10:25 AM

nothing yet.

Still waiting. 31st im supposed to receive my withdrawal.

MBSaz · 03-28-10, 10:39 AM

J-e-t-s is banned from posting in this forum, he can only post in the Private Zone. He claims Ben's real name is Daniel and the attorney on the case is Frank. However when pressed, he will not disclose last names, case information, jurisdiction, etc. Does Daniel (aka Ben) have pictures on J-e-t-s? Is he full of crap or just spineless, can't figure out why he doesn't provide all the details.

obamaismyuncle · 03-28-10, 11:04 AM

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nikossf · 03-28-10, 11:04 AM

Whatever the case, this is a terrible book. Not even a D-,. D- books even pay. These people dont pay and create excuses why they delay withdrawal's.
Doesn't anyone remember the ol' days, where you can make a wager win or lose and both parties are happy.
Both get paid, on time, EVERY TIME..
What is it now days with these fly by night piece's of sh** that put a bad name on other books.

BillyCostigan · 03-28-10, 03:21 PM

I actually have to give props to this book, on some level. When I first signed up, I wasn't expecting to get paid. Their concept seemed like it was just set up to be a scam. I did get paid $1,500 from them, so while payouts are slow, I think it's amazing that a sportsbook setup like this actually pays out.

LT Profits · 03-28-10, 07:28 PM

I have gotten literally 10s of thousands in the past (all on card), no excuse for what is going on there now. I may have single-handedly caused their downfall.

BillyCostigan · 03-28-10, 10:59 PM

LT, how are you up tens of thousands with CW? That is amazing to be up that much on a book with fairly low limits.

LT Profits · 03-28-10, 11:13 PM

My limits are higher. 5K per week, 500 straight, 100 parlay. But it's probably moot now, unless their processor issues are legit (cough).

BillyCostigan · 03-28-10, 11:35 PM

I got an e-mail(guessing you did, too) back in January that said there would be no more processor issues by January 18th or something. Maybe they ran into issues. I've tried getting up with Ben this week to work something out on my 2k debt, but I don't know where he is. They said he was supposed to get back last Thursday, and he still isn't back from wherever he is at.

Winner_13 · 03-29-10, 02:28 PM

Lol at Ben not back yet.Do they know where he is?
Were suposed to be getting an email tommorw.

magynuck · 03-29-10, 02:53 PM

Nice to see you finally acknowledge LT that slow pay is is in the rear view mirror and no pay is on the horizon. I made a fair chunk with them as well and I guess I will have to write off the remaining balance with them as the cost of doing business. For those who knew who they were doing, they were a license to print money while they were paying. The people who did not pay were worse then reprehensible, they were stupid to not be able to win money from them. I would never advocate stiffing people but at this point even though any glimmer of being paid is probably negated by saying this...

DO NOT GIVE THEM ANY MONEY UNTIL THEY PAY THEIR DEBTS.

At this point in the proceedings they are taking a shot, trying to collect from those who lose in a week with no intention of paying winners. SBR should seriously consider putting something out saying CW is in no pay mode.

Winner_13 · 03-30-10, 12:00 PM

lets see what the email says today

Grandmaster B · 03-30-10, 05:29 PM

Originally posted by magynuck

Nice to see you finally acknowledge LT that slow pay is is in the rear view mirror and no pay is on the horizon. I made a fair chunk with them as well and I guess I will have to write off the remaining balance with them as the cost of doing business. For those who knew who they were doing, they were a license to print money while they were paying. The people who did not pay were worse then reprehensible, they were stupid to not be able to win money from them. I would never advocate stiffing people but at this point even though any glimmer of being paid is probably negated by saying this...

DO NOT GIVE THEM ANY MONEY UNTIL THEY PAY THEIR DEBTS.

At this point in the proceedings they are taking a shot, trying to collect from those who lose in a week with no intention of paying winners. SBR should seriously consider putting something out saying CW is in no pay mode.

Winner_13 · 03-30-10, 11:37 PM

yea I am extremely disappointed that we did not get an email today.

Jacey · 03-31-10, 09:58 AM

They are in a no-pay mode now, had a w/d request still listed as pending from 2/15. Some processor they deal with......