good evening folks, with 2010-2011 NFL season draws near, i imagine most of you are looking at sportsbook to deposit for wagering on the season. based on personal experience (fact will be listed below), I DO NOT RECOMMEND WAGERWEB as a place that you should deposit your money.
wagerweb, based on my experience, 1.) will retroactively confiscate BOTH your winnings AND you deposits. 2.)Additionally, they will NOT keep their word in regards to promised payment. as we know, in this business nothing matters more than keeping your words especially in regards to payment, one should never deal with someone considered untrustworthy.
it is point 2 that brings me to post this thread, point 1 has already been convered here:
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however, in interest of fact finding, i will briefly list summary of the thread here:
1.) during sep-oct of 2009 NFL season, i placed plethora of parlays on wagerweb, some with higher degree of correlation than others. wagerweb's system denied some of the parlays and accepted others, showing that the software has the ability to block unwanted parlays and it was being put to use.
2.) during the two months, i had both winning AND losing streaks, at one point losing close to 10k and having to redeposit to my account. i was given a reload bonus for my redeposit indicating they're satisfied with my play. in october, i went on a winning streak with my parlays, and my account was limited so i stopped wagering there. at the time i stopped placing wagers, i had slightly above 11k in my account.
3.) in december, TWO MONTHS after my last wager, wagerweb confiscated 9K+ from my acct. they stated that they were retroactively taking my winnings from my parlays earlier. however, my records indicate i won only 4k+ NET from these parlays, yet they confiscated 9k+. they were unresponsive both to me and sbr inquiry as to why that is. additionally, when i posted on sbr what had happened, they suspended my account and confiscated my remaining funds, which were around 2k; again, with no explanation why when pressed. so in total, they have take 11k+ from my acct in two seperate unexplainable incidents.
4.) when presented with the above facts, which was agreed upon by both sides, sbr ruled in my favour. wagerweb refused to accept the decision as they claim sbr is biased against them. i was told to contact OSGA whose ruling wagerweb WILL ABIDE by (their own words)
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this is what happened since then:
5.) i reached out to OSGA in accordance with wagerweb's wishes regarding this matter. osga ruled that wagerweb owes me a partial payment of 4k+, a decision that I not fully comfortable with but at least it's a start. wagerweb also claimed that i circumvented limits b/c i wagered on both sides of the same game, or if i wager on 1st half and game lines. when objected to, dan claimed this is not what he meant and he has other evidence that i circumvented additional wagers, but he refused to provide proof when asked.
6.) i reached out to dan from wagerweb several times in regards to the partial payment of 4k+ as in accordance to the ruling by osga. dan was unresponsive initially, and finally replied to me in june, saying the slowpay was deliberate, but agreed to pay me the 4k+ as ruled. I was told to send in my ID and banking info, which i immediately took care of. since i responded with all document necessary for withdraw on june 3rd, 2010, it has been over 2 months, they have NEITHER been in contact with NOR sent a penny in payment as promised. (i will provide the last few correspondence below)
CONCLUSION: so not only will wagerweb retroactively confiscate your balance with little or no reason, they WILL NOT stick by their own word in regards to any payout promised. a company like is not worth doing business with, therefore it is my opinion that anyone looking to deposit for the NFL season should take their business elsewhere.
ps: premptive strike before the shill eagle1957 (the millionaire who wagers 5$ on horse racing) try to come in and derail this thread: