Is WSEX slow paying getting worse?

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Onemwtheone did have a problem with one of his checks but leaves out the fact that he received another much larger check in 25 business days.WSEX

Leaves out the fact ...? Sheesh. 25 days is still late, and the amount received is irrelevant (and something you really shouldn't be commenting on - if I want to offer that info that's my business - you shouldn't go anywhere near that).<BR>
Oh well, thanks for getting back. Maybe next time you can be a little more defensive.
 

"It's great to be alive and ahead by seven" Mort o
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Guys, just be thankful that Cascade doesn't owe you small DDs and has NO intention of paying while starting a new book to fleece the unknowing. LT
 

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Guys-
I just called WSEX as I was told to do if I did not receive my funds today. Now I am being told that my check must have been lost in the mail ,(Ever heard that one before?), and they would Fed Ex another check to me written on a Canadian bank that could take up to 3 weeks to clear. I have called 4 times and sent 2 e-mails - one of which was not answered - and finally they tell me that my check was actually mailed a month ago. After asking the Rep a few more questions and getting evasive answers I had finally had enough. I TOLD THEM TO KEEP THE MONEY and hung up!

Beyond the fact that I have been waiting 50 days for a $1000 check (regular mail), there are some other issues with WSEX that I find disconcerting They did respond to my thread and defended their slow paying by "misremembering" their disclaimer on the WSEX website. It states "Due to the high volume of draft requests, accompanied and brought on by the loss of alternative money transfer methods, there may be some delays in processing your withdrawal".

They further state "Regular mail may take up to 20 business days for delivery. Courier may require 4-7 business days".

In their post, WSEX says "Our website says 20 days for regular mail but also adds a disclaimer that says due to the high volume of withdrawals it could take a little longer". This might be nitpicking on my part but I get the distinct impression that omitting "Up to 20 Days" and adding "it could take a little longer" was a deliberate attempt to mislead.

Incredibly the WSEX spokesperson says "There are three people here out of thousands who are complaining because their regular mail checks have taken more than the 20 business days".

They fail to address the fact that many customers are using transfers to other books to avoid slow paying. My guess is that it is only a matter of time before they make the outgoing transfer fees so onerous as to be prohibitive. The books receiving the funds are going to get tired of being used as conduits for people wishing to withdraw funds from WSEX and they will probably seriously increase their rollover requirements.

It is not a pretty picture with March Madness just around the corner. My business is headed straigt to the Greek, Bet Jamaica and 5 Dimes. If WSEX cannot pay in a timely fashion after the Super Bowl, is there any reason to think that this oversight will be corrected after the high volume of March Madness?
 

Rx God
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I think books like Greek will continue to take the transfers, books always want a shot at winning your money. A deposit is a deposit, no bonus on transfers, no real expense to take it in.

Matchbook is so awesome on lines, that you have to have them.

If it gets to other books not transferring with WSEX, then that's a real bad sign !

I don't see that happening.

I have total faith in WSEX/Matchbook. Most of my funds are there, and I am not concerned about it.

I'm going to sink or swim with these guys as my main out.
 

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Guys-
I just called WSEX as I was told to do if I did not receive my funds today. Now I am being told that my check must have been lost in the mail ,(Ever heard that one before?), and they would Fed Ex another check to me written on a Canadian bank that could take up to 3 weeks to clear. I have called 4 times and sent 2 e-mails - one of which was not answered - and finally they tell me that my check was actually mailed a month ago. After asking the Rep a few more questions and getting evasive answers I had finally had enough. I TOLD THEM TO KEEP THE MONEY and hung up!

Beyond the fact that I have been waiting 50 days for a $1000 check (regular mail), there are some other issues with WSEX that I find disconcerting They did respond to my thread and defended their slow paying by "misremembering" their disclaimer on the WSEX website. It states "Due to the high volume of draft requests, accompanied and brought on by the loss of alternative money transfer methods, there may be some delays in processing your withdrawal".

They further state "Regular mail may take up to 20 business days for delivery. Courier may require 4-7 business days".

In their post, WSEX says "Our website says 20 days for regular mail but also adds a disclaimer that says due to the high volume of withdrawals it could take a little longer". This might be nitpicking on my part but I get the distinct impression that omitting "Up to 20 Days" and adding "it could take a little longer" was a deliberate attempt to mislead.

Incredibly the WSEX spokesperson says "There are three people here out of thousands who are complaining because their regular mail checks have taken more than the 20 business days".

They fail to address the fact that many customers are using transfers to other books to avoid slow paying. My guess is that it is only a matter of time before they make the outgoing transfer fees so onerous as to be prohibitive. The books receiving the funds are going to get tired of being used as conduits for people wishing to withdraw funds from WSEX and they will probably seriously increase their rollover requirements.

It is not a pretty picture with March Madness just around the corner. My business is headed straigt to the Greek, Bet Jamaica and 5 Dimes. If WSEX cannot pay in a timely fashion after the Super Bowl, is there any reason to think that this oversight will be corrected after the high volume of March Madness?

Well now I know who you are.

You should have had your check at least two weeks ago. Yes, it has obviously been lost in the mail. It does happen.

We will be sending a new check on Monday by courier.

As for your allegation that many players are using transfers to avoid slow paying, it is baseless and false. WSEX is not and has never slow paid anyone. Your allegation that our statement about the high volume was a "Deliberate attempt to mislead" is also false.

WSEX apologizes for any inconvenience this delay may have caused you.

You will have a check in your hand next week.

Have a nice weekend,

WSEX
 

Rx God
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The lines at Matchbook blow everybody else away, except maybe 5D.

A hockey game might have a dog at +105 at CRIS type lines, you can often get +115 ( like +113) at Matchbook, that is your edge right there.

No comparison to +113 instead of +105.
 

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Guess I'm the winner here - still waiting on a check from 1/18 (53 days for those keeping count)
 

Rx God
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They transfer for free, I did one to 5D yesterday, so that's the way I'd go if I wanted a payment.
 

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Paterno

WSEX has been paying people everyday, all you are doing is hurting a good book that is doing their very best to get thru a difficult period with their banking situation.

onemwtheone, you know how to contact me and that I will help you imediately like I did last month. Why just wait when you can email me the details and I can check into your situation for you in a single day.


wil.
 

AKA SCnit
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WSEX has been paying people everyday, all you are doing is hurting a good book that is doing their very best to get thru a difficult period with their banking situation.

onemwtheone, you know how to contact me and that I will help you imediately like I did last month. Why just wait when you can email me the details and I can check into your situation for you in a single day.


wil.

Until they fix it or at least state their true payout times, I think others should know. I used to love WSEX and WPEX until their payout lag.
 

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Paterno

I have sent you an email. You are not on Post Review.


Regarding WSEX, I am hoping onemwtheone emails me regarding his withdrawal and I will contact WSEX regarding that issue and also ask if there is anything concrete I can post regarding precise withdrawal times at WSEX.

For the record the only poster still waiting for funds that I know of for any length of time is onemwtheone but do not have any other details regarding that withdrawal.


Thanks, wil..
 

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Sorry - I should have posted when I got my last payment on 3/14 (I think it was) by MG.

Honestly I was just going to let all this go. I'll just say I don't think WSEX were ever trying to slow pay, but the screw ups that occurred over the two months it took me to get that last payout were amazing. How's it go - 'never attribute to malice that which can be easily explained by incompetence' - went like that.
 

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I did the $50 courier mail and I'm waiting on my 5th business day. they have no tracking number as of yet, which makes little sense to me...i think most should stick with the Greek, at least you can collect your money in cash.
 

AKA SCnit
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Straight from their website

To our valued customers:
Due to the high volume of draft requests, accompanied and brought on by the loss of alternative money transfer methods, there may be some delays in processing your withdrawal. WSEX apologizes for any inconvenience.
<!-- THERE -->
 

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onemwtheone

Thank you for posting that you are paid. I am sorry it took as long as it did.

I urge anyone else who feels they are substantially past the actual promised arrival date of their withdrawal at WSEX to email me and I will be more than happy to be of assistance.

wilheim@therx.com CC person19481950@yahoo.com


Thank you, wilheim..
 

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