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  1. #1

    Link WSEX statement on withdrawals and other issues

    WSEX is in the middle of clearing its backlog. We expect many checks to start arriving in player’s hands this week. We apologize for all of the delays and look forward to returning to reasonable withdrawal times within the next month, possibly sooner.

    WSEX has made a business decision not to offer as many interbook transfers as we once did. We have analyzed our interbook business and decided it is not very profitable for us. It is also not fair to dump our processing issues on other books including Matchbook.

    WSEX has never done any business with Stanford International Bank, Stanford Financial, or ANY of its subsidiaries or related companies. Any statement to the contrary is slanderous and defamatory.

  2. #2

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    does the same statement also apply to the delays wsex is currently having paying out to e-wallets?

    SBR Founder Join Date: 9/13/2005


  3. #3

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    Thanks for the update as a regular WSEX customer. Just received payout of $5,600 today out of $8,600 from June requests.

  4. #4

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    I have been waiting since June 8th...So I hope it comes soon

  5. #5

  6. #6

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    Quote Originally Posted by JELLYBEAN View Post
    Sounds angry
    Sounds like they are going to be a top book again very soon. I am very happy for them. WSEX has always been one of my favorite books.

  7. #7

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    Why have you stopped paying via KQ10?

  8. #8

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    Let me make some changes in red, as I some of this just sounds like a bunch of bs.

    Quote Originally Posted by WSEX View Post
    WSEX is in the middle of clearing its backlog. We expect many checks to start arriving in player’s hands this week. We apologize for all of the delays and look forward to returning to reasonable withdrawal times within the next month, possibly sooner.

    WSEX has made a business decision not to offer as many interbook transfers as we once did, because customers would start moving money into other books faster than a wildfire. We have analyzed our interbook business and decided it is not very profitable for us, as we need the cash on hand. It is also not fair to dump our processing issues on other books including Matchbook, even though we are multiple months late on playing players andbecause when players actually get paid on time they will realize how much they have been screwed by slow payouts over the past few months and will change books.

    WSEX has never done any business with Stanford International Bank, Stanford Financial, or ANY of its subsidiaries or related companies. Any statement to the contrary is slanderous and defamatory.
    I had to fix some issues with the post from WSEX. I have only two issues with WSEX and they are of the excuses over the past few months for not paying their players and I'm still waiting for two payments, with one being from early May and as of late they have had a diminished dialog with me.

    -

    I'd be more than thrilled if this post is the truth, but I should of been paid 65+ days ago, so any payment I receive now is not a FIX, it's just a very late payment. If WSEX was a consumer, they would have a horrible credit score right now.

    I also sent you a PM to WSEX back in January when this issue started with myself and I never received a reply:

    01-13-09 I made a post in the WSEX thread about issues below:
    06:14 PM WSEX

    Wsex withdrawal delay!!! Wsex sucksssss

    I have been a loyal customer for years but your recent issues with processing echecks is horrid. I will see how your check issue is.

    -

    Two Words, "Pay Up"
    Last edited by wacked; 07-27-09 at 11:26 PM.

  9. #9

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    Quote Originally Posted by WSEX View Post
    WSEX is in the middle of clearing its backlog. We expect many checks to start arriving in player’s hands this week. We apologize for all of the delays and look forward to returning to reasonable withdrawal times within the next month, possibly sooner.

    WSEX has made a business decision not to offer as many interbook transfers as we once did. We have analyzed our interbook business and decided it is not very profitable for us. It is also not fair to dump our processing issues on other books including Matchbook.

    WSEX has never done any business with Stanford International Bank, Stanford Financial, or ANY of its subsidiaries or related companies. Any statement to the contrary is slanderous and defamatory.
    Still going with the "Blame the Processor" route, huh? You never could explain why Matchbook uses the same processor as you, but your checks take months to arrive while their's takes days to arrive. There's never been any attempt to answer this very basic question.

    I am so glad you are concerned with the well being of other books, making sure not to dump your processing issues on them. If only you were as concerned about what's "fair" for your own customers.

  10. #10

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    I joined WSEX 8 or 9 months ago as one of my minor books and therefore have not requested a payout or transfer. But I like the book and hope their issues begin to clear up, as I would like to stay with them. Delayed payouts, limiting transfers and increased fees are one thing, but getting ripped off forever is another. My understanding is that WSEX has never ripped off anyone's bankroll forever.

    I am not aware of many other books that have had a rep on this forum for 2 years, posting about their issues and trying to address concerns. I wish ALL the major and medium-level books would do the same thing! Good luck to WSEX and good luck to all of its customers (including me).

    And one other thing: surely WSEX realizes that their rep has taken a hit in the past several months. Yet surely they also realize that online gambling is not only growing, but has a chance to become legal in the U.S. in the next year or two. There are billions of dollars at stake here, and WSEX will certainly want to be a player in the new landscape. I hope they understand what they need to do in order to make that a reality.

  11. #11

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    Quote Originally Posted by Russinat
    Thanks for the update as a regular WSEX customer. Just received payout of $5,600 today out of $8,600 from June requests.
    Two posts and this is one of them? I'll give you $20 if you post a scan of the check or screen shot of your e-wallet.

    Quote Originally Posted by Nickelicious
    I am not aware of many other books that have had a rep on this forum for 2 years, posting about their issues and trying to address concerns.
    At this point, the most similar situation to this one is Cascade, who also had managers posting promises here right up until the lifeboats were in the water.

  12. #12

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    Quote Originally Posted by RickySteve View Post
    At this point, the most similar situation to this one is Cascade, who also had managers posting promises here right up until the lifeboats were in the water.
    For two years?

  13. #13

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    My check arrived today. It was a 7 week wait, but it came and I am optimistic about continuing to play at WSEX. I hope the above post by 'WSEX' is a sign that things are beginning to get better for them and for us. I've been concerned that all the negative talk would drive people away and prevent new players from joining. Let's hope we can get back the old, trusted, and efficient WSEX.
    75pts

    SBR POKER TOURNEY11th Place 5/28/2012

    400pts

    SBR POKER TOURNEY1st Place 5/14/2012

    CHARITY DONOR
    11/29/2011 $25 donation

    325pts

    SBR POKER TOURNEY2nd Place 5/17/2012

    60pts

    SBR POKER TOURNEY13th Place 5/30/2012

    7,640

    SBR POKER TOP 100

    53rd Place 11/1/2011

    200pts

    SBR POKER TOURNEY5th Place 5/21/2012


  14. #14

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    I also received a check today after 7 weeks...the problem is it was only half of what I requested. Perhaps they wanted to reduce check size so they are sending 2 different checks. And I was promised courier and it was sent regular mail. To me the waiting wasn't the issue...it was the constant kicking the can everytime I called.
    Just rec'd the tracking number for the other half of my w/d.
    Last edited by ScottB; 07-28-09 at 11:46 AM.

  15. #15

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    RickySteve, checks are going out. People are posting they have been paid. Lets stay positive.

    SBR Founder Join Date: 12/29/2005


  16. #16

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    Should I dissect this rather weak response from WSEX, including the pathetic attempt at an excuse for limiting book-to-book transfers, or should I save my energy and give them a couple of weeks and see how things pan out ?

    At least some people appear to be getting paid. That's better than almost no one getting paid, which has basically been the case for the past few weeks.
    Last edited by Halifax; 07-28-09 at 10:36 AM.

    SBR Founder Join Date: 8/10/2005


  17. #17

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    Quote Originally Posted by Chuck Sims View Post
    RickySteve, checks are going out. People are posting they have been paid. Lets stay positive.
    And has there ever been a more blatant "I Have Money At This Book, So Stop Criticizing Them Until I Pull My Money Out" campaign than the one Chuck Sims has been waging the past couple of weeks ?

    Hey, I have 5 figures there myself, but at least I call a spade a spade.
    Last edited by Halifax; 07-28-09 at 10:36 AM.

    SBR Founder Join Date: 8/10/2005


  18. #18

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    Quote Originally Posted by Halifax View Post
    Should I dissect this rather weak response from WSEX, including the pathetic attempt at an excuse for limiting book-to-book transfers, or should I save my energy and give them a couple of weeks and see how things pan out ?
    Give them a couple of weeks snoboy.

    Did you get my PM from a few weeks ago?

  19. #19

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    Chuck clear out your PMs...

    "Chuck Sims has exceeded their stored private messages quota and cannot accept further messages until they clear some space."

    Quote Originally Posted by Chuck Sims View Post
    RickySteve, checks are going out. People are posting they have been paid. Lets stay positive.

  20. #20

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    have been playing here for over a year. asked for my 1st withdrawl last week in june. asked for another 2 weeks later. total amount 5k and 5k. received an email with a tracking number today. for 3k. was told some processors have limits. 1 of which is 3k. told another tracking number for 2k for 1st requested withdrwal should be in my email shortly. did not ask about 2nd withdrawl seems to me it will be here shortly. feel a lot better. after seeing all the complaints about getting withdrawls out. it does seem the problem has been resolved. if not resolved a whole hell of a lot better.

  21. #21

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    Quote Originally Posted by Halifax View Post
    And has there ever been a more blatant "I Have Money At This Book, So Stop Criticizing Them Until I Pull My Money Out" campaign than the one Chuck Sims has been waging the past couple of weeks ?

    Hey, I have 5 figures there myself, but at least I call a spade a spade.
    Hey Halifax, my posts were in response to people who said they were not going to get paid or one RickySteve who doubted the word of a poster who said that he received a payout. I tried to calm them down. Gee, what do you know, people are getting paid. Anyone else want to blast me for saying to keep cool, WSEX will start to send checks out?

    SBR Founder Join Date: 12/29/2005


  22. #22

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    I knew/hoped it was only a matter of time. Welcome back WSEX

  23. #23

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    Quote Originally Posted by WileOut View Post
    I knew/hoped it was only a matter of time. Welcome back WSEX
    I got paid today myself and I was waiting since June 8th..I think its way too early to say Welcome Back WSEX. Time will tell though

  24. #24

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    I also received 1 notification today, but I did not receive anything on another withdrawal that is 2 1/2 months old.

    A Welcome back WSEX will be due only when they pay as per what their website says, not simply pay.

  25. #25

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    Wsex - if you cannot pay why dont you just say so ... and we will know what to do with that .... every time I request a neteller payout you payout dep tell me that the system is down ... they must just be honest and say that there is a backlog and you cannot pay ... every time I ask for my money I have to fight with you ladies in accounts ... how can it be that the neteller interface hasnt been working for for more than 8 months... honesty guys, honesty and integrity - that is what bring new customers, not lies.

  26. #26

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    Quote Originally Posted by UV82 View Post
    Wsex - if you cannot pay why dont you just say so ... and we will know what to do with that .... every time I request a neteller payout you payout dep tell me that the system is down ... they must just be honest and say that there is a backlog and you cannot pay ... every time I ask for my money I have to fight with you ladies in accounts ... how can it be that the neteller interface hasnt been working for for more than 8 months... honesty guys, honesty and integrity - that is what bring new customers, not lies.
    Exactly.

    Their actions and excuses/lies are more akin to what you'd expect from some 5th-tier shit book bucket shop than from a book with the stellar reputation that WSEX had in prior years.

    If JC was dead, he'd be "rolling over in his grave" ... but he is alive and well. Unfortunately, it appears that he has a restraining order keeping him from coming within 50 yards of his keyboard.
    Last edited by Halifax; 07-29-09 at 12:34 AM.

    SBR Founder Join Date: 8/10/2005


  27. #27

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    Quote Originally Posted by WileOut View Post
    I knew/hoped it was only a matter of time. Welcome back WSEX
    Agreed!!! Love this book, second only to Matchbook.

  28. #28

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    Quote Originally Posted by KC View Post
    Agreed!!! Love this book, second only to Matchbook.
    Oh my.

    SBR Founder Join Date: 12/14/2005


  29. #29

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    from what im reading with payouts......customers not receiving amount requested seems funny to me....i cant stand by any book that doesnt do as stated...what does it tell u when someone owes you money and they give you half now and half later...funds are low right.

  30. #30

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    They never stiffed me and the most I have waited for a fedex is two weeks.

  31. #31

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    Needs to be less talk and garbage spewing out of WSEX's mouth and more action. Just pay people in the time specified. "WSEX" Go ahead and say it to yourself over and over. I will start "Just pay people in the time specified" "Just pay people in the time specified" "Just pay people in the time specified" "Just pay people in the time specified" "Just pay people in the time specified" "Just pay people in the time specified"........................................ ........................................ ...

  32. #32

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    Quote Originally Posted by KC View Post
    They never stiffed me and the most I have waited for a fedex is two weeks.
    And that makes them 'second only to Matchbook'?

    SBR Founder Join Date: 12/14/2005


  33. #33

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    Not too many books make the drop from A+ to B. And there is no reason to assume that the drop won't continue. With football around the corner it can be expected that any book in trouble stalls for time and makes reassuring statements. Such statements are meaningless. I had not followed the WSEX story, and still don't know how far they have fallen, but if they're going to pull a Cascade I'm certainly not going to be part of it. Stay away until they're back to A.

    SBR Founder Join Date: 12/14/2005


  34. #34

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    Never a dull moment when it comes to WSEX.
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 05/28/2012


  35. #35

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    Hey Rickey Steve, put your money where your mouth is. I only found this site as I was trying to find out about WSEX. I got my second $3K check yesterday. I could give a flip about your opinion, but was trying to help others in the same boat I've been in.

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