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Thread Tools | Display Modes |
11-20-2007, 02:03 PM
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#1 (permalink) |
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Moderator
Join Date: 07-31-06
Posts: 2,501
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WagerWeb's heavy-handed tactics against professional players
I've received 3 recent complaints against Wagerweb from professional players. In each instance, their limits were cut to $1, forcing them to cancel their bonus due to inability to meet rollover. One of the players was in violation of their T&C (two accounts were opened at his computer), but the other two are being treated unfairly.
A lot of books have struggled with professional players, which are lured in by excessive bonuses and opinionated lines. In this dispute, there were 50% freeplay bonuses on deposits (and reloads by invitation). If you are a winning player, I'd suggest avoiding wager web until this gets sorted out. |
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11-20-2007, 02:19 PM
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#2 (permalink) |
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SBR Wise Guy
Join Date: 07-19-06
Posts: 730
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If they have declared as professional players then they have broken Wagerweb T&Cs
"Wagerweb is for recreational players only." If all they have lost is the bonus (and not winnings related to the bonus) then that seems fare. Just cash out A lot worse is going on at the moment - this does not seem excessive. |
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11-20-2007, 03:15 PM
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#5 (permalink) | |
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SBR Sharp
Join Date: 09-13-05
Posts: 357
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Quote:
if forfeiting the bonus (a gesture from the part of the player) would lead to the book promising to keep limits intact (a gesture from the part of the book), I would be all for that. But that's not how it works, even if you don't take the bonus, the book is gonna cut and boot you anyway, so what's the point. |
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11-20-2007, 03:24 PM
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#7 (permalink) |
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SBR MVP
Join Date: 04-08-07
Posts: 2,363
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If the players got an invite only reload and they book cancels it's wrong. Pro or no pro.
A blanket statement that pro's are not welcome is a very difficult one in the T&C's. Again you get into the argument over who is a pro?. If I make 6 figures at a real job and can afford a dime a game am I a pro? If I don't have a job and gamble for a living and bet $200-500 a game am I a pro? I think now it comes down to the books have lost the fish and the whales and have only educated bettors making plays. Anyone who shows consistancy in winning is shown the door. In the end most of these disputes all come down to bonus money don't they. If the book doesn't want to part with it don't give it away. It's sad that rather than be real bookmakers these guys want losers to play. |
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11-20-2007, 04:05 PM
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#9 (permalink) | |
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SBR Wise Guy
Join Date: 07-19-06
Posts: 730
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Quote:
"if they have declared as professional players" Justin certainly regards them as such. Despite this all the book has done is withdrawn a bonus ! Is this such a crime? Betonline use similar tricks. Sign you up with the promise of 7-1 parlay odds and then withdraw the offer if you actually make a bet at these odds. Guess the difference is the banner |
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11-20-2007, 04:13 PM
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#10 (permalink) | |
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SBR Sharp
Join Date: 09-13-05
Posts: 357
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Quote:
i don't see how the book did anything they were not allowed too, but i'm sure we can all agree this is pretty lame behaviour. |
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11-20-2007, 04:57 PM
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#12 (permalink) |
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SBR MVP
Join Date: 08-10-05
Location: Earth
Posts: 2,225
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WW should either pro-rate the bonus, or allow the RO to be completed, then boot the player they don't want.
__________________
You Only Need Two Tools In Life - Wd-40 And Duct Tape. If It Doesn't Move And Should, Use The Wd-40. If It Shouldn't Move And Does, Use The Duct Tape. |
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11-20-2007, 04:59 PM
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#13 (permalink) | |
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SBR Wise Guy
Join Date: 08-14-05
Posts: 500
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Quote:
That's exactly what Bill was saying for years; also, if this was a freeplay bonus, it should be honored in full (if it's a winner and the player got a chance to use it). |
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11-20-2007, 07:52 PM
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#14 (permalink) | |
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SBR MVP
Join Date: 07-15-05
Posts: 1,192
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Quote:
( out of 10 times pinnacle will have a better line than WW. These players could easily have been giving thier action to another book where they could well have gotten better lines. The bonus though is supposed to compensate them for the fact that thier lines are awful. But when WW takes away the bonus, it's not like they are offering to credit back all of the lost vig. Furthermore, these are free play bonuses. It's one thing when a book gives you a $500 cash bonus, and then takes awya $500 in cash. It's quite another when they give you a $500 free play bonus whihc is worth anywhere from $250 - $425 depending on how you use it. Then you bet it on a +500 dog and win $2500, then the book comes back and says we're not just confiscating the inital $250 value of the free play we gave you, instead we're confiscating the $2500 in winnings. YEs, that is outright theft pure and simple. And if they refuse to budge on this, they should be downgraded to a d-. |
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11-20-2007, 09:17 PM
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#16 (permalink) |
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SBR MVP
Join Date: 01-09-07
Posts: 1,651
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I wonder if one of the affected people will elaborate on some of the bets they made which may have triggered this decision. I'm curious. Any average Joe could go on a winning streak and it raises some caution. I went back to wagerweb in September based on the 50% reload. I haven't had any problems and probably re-uped with them 20-30 times getting the 50% bonus each time. This of course came at the approval of the VIP host. I usually deposit $100-$500 and cashed out for $500 a month ago and $1,000 today. The book is ok in my book, but I'm not a sharp.
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