SBR Top-Rated Sportsbooks Recommended Books
1. Pinnacle Sports SBR Rating A+ Pinnacle Sports Review
2. The Greek Sports Book SBR Rating A+ The Greek Review
3. BookMaker SBR Rating A+ BookMaker Review
4. BetJamaica SBR Rating A+ BetJamaica Review
5. Legends Sports SBR Rating A+ Legends Review
 
SBR Posters' Poll - September 2009 View Complete Results
1. 5Dimes 253 total points 5Dimes Review
2. Matchbook 252 total points Matchbook Review
3. BetJamaica 194 total points BetJamaica Review
4. Pinnacle Sports 193 total points Pinnacle Sports Review
5. BookMaker 190 total points BookMaker Review
 
 
View New Posts
 
LinkBack Thread Tools
Old 07-04-09, 08:59 AM   #1
jjgold
 
jjgold's Avatar
Joined: 07-20-05
Posts: 49,768
SBR Points: 1385
 
Message Me
Challenge Me
Default Rumours WSEX Is In Trouble

Here are some quotes from some sharps


I am not sure what is going on, but there have been ramblings that WSEX was invested with Stanford Financial. Mr. Cohen of WSEX said that they couldn’t have invested with Stanford because Stanford wouldn’t accept money from casinos or gambling related businesses. Now, I don’t believe that someone running a billion dollar Ponzi scheme would jump to some moral high ground when it comes to gambling. I don’t necessarily believe WSEX had invested, but being that Stanford was pretty much the king of Antigua, I wouldn’t be surprised. In any case, the bottom line is I believe that WSEX is low on cash, but that doesn’t mean it is true. A friend of mine, who knows about these forums but doesn’t post, told WSEX after many days of non-payment that he would tell all on these forums. He had his cash the next day. Actions like these make me cringe, because I would then believe that they are trying to protect their name while delaying payment. A good question would be that would a failure of WSEX also bring down the now almighty Matchbook because of their relation? If you need a recent example, you can look at the failing Hummer brand, but despite their problems a few other lines are doing well. What do they do, discontinue the Hummer line and keep the profitable ones running. If this would be similar to a failing WSEX and profitable Matchbook, then I believe that public perception of a WSEX fallout would certainly affect Matchbook in a negative way. With this in mind, they would need to make WSEX look as strong as ever. They have been holding on to the processor issue for a long time. They know that they are losing customers, and have been for a while. Like the man said above, I would do whatever it takes to pay “and keep” a customer. They just aren’t doing this. I hope that some answers to this question, as well as books that others play, could arrive from Shrink’s trip.
__________________
JJ's Picks
SBR Picks
JJ Videos





Quick reply to this message
Old 07-04-09, 09:03 AM   #2
Nicky Santoro
 
Nicky Santoro's Avatar
Joined: 04-08-08
Posts: 11,807
 
Message Me
Challenge Me
Default

jj, don't even joke like that. it's not funny. i got a lot in there now.. i swear, after i submit this post, i am transferring most of it to matchy.

is matchy ok? or are they in trouble, too..
Quick reply to this message
Old 07-04-09, 09:04 AM   #3
sickler
 
sickler's Avatar
Joined: 06-05-08
Posts: 5,588
 
Message Me
Challenge Me
Default

JC?
Quick reply to this message
Old 07-04-09, 09:05 AM   #4
pico
USC ml
 
pico's Avatar
Joined: 04-05-07
Posts: 23,667
 
Message Me
Challenge Me
Default

they need obama bail out. get in line
__________________
Pico's match betting escrow shop is now open for business.
Special Promotion: No service fee for the first 5 matched bets and first matched bet will receive a bonus pt at payout.
Quick reply to this message
Old 07-04-09, 09:07 AM   #5
Nicky Santoro
 
Nicky Santoro's Avatar
Joined: 04-08-08
Posts: 11,807
 
Message Me
Challenge Me
Default

how can they not have trillions of $$$ when in their live betting game, they have a line of -4900/+1900 and the fav is up 4-3 bot 9 and the closer is in and every chaser is betting -4900?

i love their live betting lines. they are really fair.. -9900/+2400....-3233/+1150.... LOL...

and they are broke?
Quick reply to this message
Old 07-04-09, 09:16 AM   #6
PAPSMEAR
 
PAPSMEAR's Avatar
Joined: 02-13-09
Posts: 923
 
Message Me
Challenge Me
Default

you're scaring me with tha avatar Nicky...you don't look well...perhaps a trip to the doctor is in order...knock off the pills and get a bit of sun while your at it
Quick reply to this message
Old 07-04-09, 09:24 AM   #7
LVHerbie
 
LVHerbie's Avatar
Joined: 09-15-05
Posts: 1,835
 
Message Me
Challenge Me
Default

Wasn't this rumor posted somewhere else like six months ago? Pretty sure I saw this awhile back and coach has been doing some dumpster diving in other forum's graveyards to find this gem...
Quick reply to this message
Old 07-04-09, 09:24 AM   #8
Nicky Santoro
 
Nicky Santoro's Avatar
Joined: 04-08-08
Posts: 11,807
 
Message Me
Challenge Me
Default

holy shit, i just read this.. now they are saying matchy could be in trouble, too? if this happens, it's over for me offshore.. in fact, gambling might be not worth it for me anymore at all. .
say it ain't so.

wsex and matchy are rumored to be in trouble now? you telling me i have to start worrying about being stiffed by 2 great books?

is this the end of offshore gambling?

holy shit, these were by far the 2 safest books to have money in out there..
Quick reply to this message
Old 07-04-09, 09:30 AM   #9
Nicky Santoro
 
Nicky Santoro's Avatar
Joined: 04-08-08
Posts: 11,807
 
Message Me
Challenge Me
Default

i can't place another bet there today unless i hear from SBR JOHN, BILLY D, or J.C... i need at least one of these guys to give me reassurance that these books are safe and will pay.

i have been stiffed by too many books in my career, i am not ready for 2 more..
Quick reply to this message
Old 07-04-09, 09:33 AM   #10
jjgold
 
jjgold's Avatar
Joined: 07-20-05
Posts: 49,768
SBR Points: 1385
 
Message Me
Challenge Me
Default

WSEX is the only so called reputable book having trouble paying people and blaming processors.

That is not an excuse anymore
__________________
JJ's Picks
SBR Picks
JJ Videos





Quick reply to this message
Old 07-04-09, 09:40 AM   #11
betplom
Bad Muslim!
 
betplom's Avatar
Joined: 09-20-06
Posts: 10,685
 
Message Me
Challenge Me
Stop

Quote:
Originally Posted by Nicky Santoro View Post

holy shit, these were by far the 2 safest books to have money in out there..
If you believe any offshore book is safer than an Australian or European book like Canbet/Centrebet/Ladbrokes etc you are delusional.

I have no worries about my balance in Ladbrokes, Centrebet, Canbet or Will Hill.
Quick reply to this message
Old 07-04-09, 10:59 AM   #12
j0hnnyv
ALL OF THE ABOVE!!!
 
j0hnnyv's Avatar
Joined: 01-06-09
Posts: 3,554
 
Message Me
Challenge Me
Default

http://www.majorwager.com/forums/mes...k-courier.html

these kind of payout issues and "processor" excuses doesnt sound good.

i remember like 6 months ago WSEX was on here posting trying to defend them when 10000 people came on here saying they werent getting paid.
__________________
****** SBR Poster Of The Month - June 2009 ******
Quick reply to this message
Old 07-04-09, 12:59 PM   #13
durito
escarbajo negro
 
durito's Avatar
Joined: 07-03-06
Posts: 9,262
 
Message Me
Challenge Me
Default

welcome to 4 months ago

by the way, they were taking 2 months to pay long before stanford scandal broke

amazing how the pro nickay pays no attention to the industry
Quick reply to this message
Old 07-04-09, 01:10 PM   #14
Nicky Santoro
 
Nicky Santoro's Avatar
Joined: 04-08-08
Posts: 11,807
 
Message Me
Challenge Me
Default

durito, i nver paid any atention to this cause i figured books like wsex, pinny and matchy don't need checking.. I thought they are great.

durito, or sbr john or billy d.. should i take out all my money from wsex and matchy, or just wsex..

boys, are these books still safe to have a big bankroll in?
what should i do here..
Quick reply to this message
Old 07-04-09, 01:24 PM   #15
durito
escarbajo negro
 
durito's Avatar
Joined: 07-03-06
Posts: 9,262
 
Message Me
Challenge Me
Default

i dont think they had anything to do with stanford

but, in case you haven't noticed, they've had payout problems for 6 months now and were downgraded to B from A+

i wouldn't keep nearly as much as i would in pinnacle/greek/cris at wsex.

and no, for whatever reason, matchbook has no issues, checks take 2 days tops
Quick reply to this message
Old 07-04-09, 01:36 PM   #16
jjgold
 
jjgold's Avatar
Joined: 07-20-05
Posts: 49,768
SBR Points: 1385
 
Message Me
Challenge Me
Default

I think the ownership is ok at WSEX and will not stiff but they need to make some changes, they should combine everything into matchbook and abolish wsex.. I think wsex might have some credit issues also.

Ask around and guys in the know and you will find out more
__________________
JJ's Picks
SBR Picks
JJ Videos





Quick reply to this message
Old 07-04-09, 01:43 PM   #17
WileOut
 
WileOut's Avatar
Joined: 02-04-07
Posts: 2,323
 
Message Me
Challenge Me
Default

WSEX recently added a payment/withdrawal option for Americans that should help the processing issues. Not solve, but maybe help.

Nicky, for the live betting, it is much tighter until it gets to be a very wide lead in the game/match. When its an even match it is -110/-110 for live betting.
Quick reply to this message
Old 07-04-09, 01:45 PM   #18
Chuck Sims
 
Chuck Sims's Avatar
Joined: 12-29-05
Posts: 1,003
 
Message Me
Challenge Me
Default

WSEX paid me four figures in less than an hour via transfer. I posted this a few days ago in the July Payouts thread.

I do wonder why they still take much too long to pay by check. Bottom line, everyone has been paid.
Quick reply to this message
Old 07-04-09, 04:27 PM   #19
Bill Dozer
Bill@SportsbookReview.com
 
Bill Dozer's Avatar
Joined: 07-12-05
Posts: 6,623
 
Message Me
Challenge Me
Default

WSEX is a stable company. This is the most conservative sportsbook 10 years running. Great service, baseball pricing, variety but few bonuses and juicy promos. You always knew what you were getting at WSEX.
The ongoing processing problems and the level of CS when dealing with issues has hurt them. They got a lot of their business through word of mouth and that goes both ways. This football season will show if they have the ability to make it back to elite sportsbook status. I think WSEX will do what Bodog did and come back swinging.
On the payout issues, Josh has been overseeing all of the WSEX complaints and has been able to tell players that there are very few issues left. WSEX is still having trouble maintaining balances at non-US eWallets like Neteller, and keeping up with player updates.
Quick reply to this message
Old 07-04-09, 04:59 PM   #20
jjgold
 
jjgold's Avatar
Joined: 07-20-05
Posts: 49,768
SBR Points: 1385
 
Message Me
Challenge Me
Default

Quote:
Originally Posted by Bill Dozer View Post
WSEX is a stable company. This is the most conservative sportsbook 10 years running. Great service, baseball pricing, variety but few bonuses and juicy promos. You always knew what you were getting at WSEX.
The ongoing processing problems and the level of CS when dealing with issues has hurt them. They got a lot of their business through word of mouth and that goes both ways. This football season will show if they have the ability to make it back to elite sportsbook status. I think WSEX will do what Bodog did and come back swinging.
On the payout issues, Josh has been overseeing all of the WSEX complaints and has been able to tell players that there are very few issues left. WSEX is still having trouble maintaining balances at non-US eWallets like Neteller, and keeping up with player updates.
Solid hopefully they can turn it around and be like Bodog.
__________________
JJ's Picks
SBR Picks
JJ Videos





Quick reply to this message
 


SBR Featured Videos

Thread Tools
Display Modes



All times are GMT -5. The time now is 04:31 PM.


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33