Blackdog
I have had some people ask questions about them so I will try to answer what I can. Below is a summary of some of the things asked, hope this helps.
TRIAL ACCOUNTS
$500
Requires simple credit application, "verification of employment." Trial account is for the calendar month. Could be anywhere from one day to 30 days, depending on the day it was opened. If $500 Is not won or lost during this period the account will be settled in full on the first Monday of the calendar month. Minimum of 5 bets , max bet is $100. Straights, teasers and 2 team parlays are allowed. Play is limited to avoid people from taking shots. Pay outs via ** and **.
At the end of a week one must be up at least his credit limit to cash out. ($500 credit up at least $500)
PROBATIONARY ACCOUNTS 60 days : Additional credit given based on verification of income. One per cent of annual income. Max wager is 20% of credit line and can bet the board. These limits again are put into place to avoid people from taking shots.
MEMBER. After 90 days, increase in credit with proven payment history. Can bet within the max wagers limits on the site. An established history allows them to offer more credit as well pay out options such as *************** to major US banks and priority mail certified US funds..
After 90 days they can determine the viability of a long term relationship and not only give customers more wagering options but also more payout options.
Their model is based on trust and once that is established they can offer much more in terms of customer service, rebate, and incentives .
The rebates are pretty good , I lost $286 but when I paid I got a good bit of it back. Got $10 for the ** fee credited back plus 15% of what I lost ($45) and the comp points which are based on total bets made ($49) and also a $30 free play from 10% of what I paid. So basically I received $134 total and only played 10 days.
I know a lot people make fun , but you have to remember they are giving you credit first. To have your employment verified is simple. People call and verify employment all the time, and no they are not going to say " We are a sportsbook and need to verify your employee so he can gamble." get real people.
Have not experienced yet but when you win , they will call you and set up payment and you will receive it between 24 -48 hours not bad in today's industry. They have said they are not for big time players and not looking for them. They are a book were people like good customer service and bet within there means.
Besides Creditwagering who else gives you credit to gamble with? I for one and some others here are trying them out to try and give some positive feedback. If you are interested read along and I would think at least Picoman and my self would be trusted with our feedback since we have posted here awhile.
And I do not have any affliation with them and get any kick backs. I questioned them in some previous thread and he offered me a chance to try them out. I will just report what I experince. They also want feedback on their site and when I see something I dont like or think needs "tweaking" I let them know, that is something they want to hear from people to better improve their site.
For people interested I hope this helps.
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Originally Posted by crazyl
