WSEX Payouts Good Only in Sears?

Gambling911.com has been reporting extensively on World Sports Exchange (WSEX.com) and its inability to pay these days.  The once proud Antiguan-based online sportsbook has had its reputation dragged through the mud and they will have a tough time recovering following months of slow pays and hideous customer service.

Now comes this rather bizarre report from SBR Forum whereby a player states upon finally receiving his funds from WSEX, they are telling him he can only use the monies to make gift purchases.

Say what?

From SBR:

"Today I received a check for $2,945. Except, there is a letter saying I have to activate the check to use it. I have to spend it at Macy's or Sears etc. It is saying its some secret shoppers club."

We hope this is some type of sad joke.

Another poster responded:

"So your check is really just a gift card that can only be sent specific places? That would be seriously ****ed up!"

At least with a real gift card you are not forced to purchase a refrigerator you don't need with it.

WSEX has advised the customer to cash the money out first then he must make gift purchases.

Whatever!

This is just another sad series of events involving World Sports Exchange these days.

.... You may recall Gambling911.com had reported on some slow play situations at Skybook a few months back.  Thank you Skybook for responding to our inquiries and resolving the matter head on.  Not so with Playtech it appears.

Gambling911.com reported on how one of the publicly traded online casino software licensee's was screwing over loyal affiliates.  At least one site has blacklisted the entire Playtech group as a result.

Playtech is yet to take action against this licensee, though it informed one affiliate they were "trying".  Whatever that means.

Playtech has a good name but it only takes one rogue licensee to ruin things apparently.  

Jagajeet Chiba, Gambling911.com

 

Submitted by Jagajeet Chiba on Mon, 04/26/2010 - 20:36
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Comments

WSEX

Wed, 09/15/2010 - 08:37 — Guest
I just wanted to post that after the winning on Spain at the world cup I finally got paid today by WSEX. It took some time but they came through. My confidence is restored in this quality organization.

Wsex is terrible

Tue, 05/11/2010 - 10:15 — Guest
I will continue to bash matchbook and wsex until they pay me, going on 5 months now.

What a bunch of FUD

Wed, 04/28/2010 - 10:59 — Guest
Seriously, stop spreading this fear, uncertainty, and doubt.

do you actually verify what u post or copy from other forums?

Tue, 04/27/2010 - 14:52 — Guest
re-read what the guy posted That gambling911 is pretty funny. I am popular! I want to make it clear that I never indicated the check was from WSEX, just giving the situation and circumstances...one has to wonder: could this really be from wsex? I have seen differing things from my previous cashouts from WSEX but this one did seem way too outlandish to be legit. I am also familiar with these types of scams. The first give away was the fact that canadian post is on the envelope and then one document has contact information from HK and another from NY and then a check from PA. http://forum.sbrforum.com/sportsbooks-industry/216745-wsex-slow-payout-updates-p26.html

WSEX

Tue, 04/27/2010 - 16:04 — Guest
They are slow paying every one. You almost have a better shot getting money out of this lottery scam.

Re: WSEX

Tue, 03/29/2011 - 06:05 — Guest
This isn't fear peddling. I cashed out afterthe Packers Bears game - and make no mistake about it this was a remainign balance cash out - not a profit. I am still desperatley waiting almost 85 days later and the only thing I was told was "it hasnt been processed yet - but when it does we are sorry and we will send via USPS rather than a pony".. It really sucks - I had used the site as long ago as 1997 and never had a problem... so confident that I didn't even think to look them up until today - 85 ays later. Please, if anyone has any more information, stories (good or bad) with WSEX, or just anything that can help my cause - I truly appreciate it!

Re: WSEX

Mon, 01/30/2012 - 17:44 — Guest
wsex has paid me in the past, but i now have requested 3 withdrawals $1k each the oldest one i asked for on december 26th 2010 ... no thats not a mistake 13 months and counting. last week I was "guaranteed" one will arrive by the end of january 2012, they say all 3 have been sent to the processor...... we will see

jagajeet is just another

Sat, 05/15/2010 - 07:41 — Guest
jagajeet is just another alias for jagoff tom somach, who hates Jay C. and wsex. Why does this site allow a guy who admits he has provided info to the feds and IRS on offshore operators, not to mention fronted for ripoff sports book English Sports Betting, to spout his BS here? It's conflicting for a site that is supposed to be a bettors advocate.

why

Sat, 05/15/2010 - 23:48 — Guest
yo dressler.get a life