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Author: [Gaming Industry - US] Topic: Creditwagering.com
paulstanley send a private message View Space | Blog | Friends | Playbook |
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#1
Posted: 2/25/2008 6:56:46 AM
Does anyone have experience with this site?  Is it legit?
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#2
Posted: 2/25/2008 7:55:24 AM
hmm
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#3
Posted: 2/25/2008 8:41:48 AM
I've signed up with them, will update with results.  Hopefully others can share as well.
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#4
Posted: 2/25/2008 12:38:41 PM
Yeah, I just signed up there. Looks like an interesting idea. I've always wondered when someone was gonna do start up something like this. True, there are agents out there, but not a website that platforms itself on credit.
 
I'm extremely interested to see how this thing works.
 
Anybody else w/ any experience w/ them???
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Osirus13
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#5
Posted: 2/25/2008 3:56:35 PM
interesting site, i just signed up. I just cant figure out if you can only make a withdrawl when your up $400???
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lakers34kb
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#6
Posted: 2/25/2008 4:27:09 PM
why are they asking for your last 4 of your social
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#7
Posted: 2/25/2008 4:48:00 PM
Lakers, THAT is wierd. I'm gonna give it a shot, though. What can it hurt?
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#8
Posted: 2/25/2008 4:50:28 PM
My local bookie works in the same way but I don't see him till its over/under $1000.  He has a website as well, its just a more advanced way for bookies to do their work nowadays.
 
He has two websites and I think its just for backup in case one site gets crackdowned so I wouldn't worry about 3 different sites.  As far as this idea stretching all over the place, its an interesting concept and I hope this place is legit.
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#9
Posted: 2/25/2008 4:51:32 PM
I am convinced this is a scam
 
I am talking to someone on their online chat, he is so full of garbage
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lakers34kb
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#10
Posted: 2/25/2008 5:10:22 PM
Please wait. A representative will be with you shortly.
One moment please...
Ben says:
  Hello Rissa. My name is Ben how can I help you?
Rissa says:
  hey
Rissa says:
  how come you need the last 4 of soical?
Ben says:
  for id checking, not for credit check
Rissa says:
  what do you mean id checking
Ben says:
  need to verify ones identity so we know who we are sending money to when you win
Rissa says:
  what if I don't win, what if I am down $500 at the end of the week
Rissa says:
  couldn't some one just not pay and move to a different book?
Ben says:
  you dont have to send in id info until you win
Ben says:
  you could not pay and do that
Ben says:
  then we can pursue collecting
Ben says:
  there will be people who will not pay, but there are also people who bounce checks
Rissa says:
  so you are turning it over to a collection agency if somone does not pay?
Ben says:
  no
Ben says:
  you asked me what could we do
Ben says:
  listen...our site is the best way anyone can gamble online
Ben says:
  if a customer does not pay, then they dont play here again and then never will be able to play with a site that does not require a deposit upfront
Rissa says:
  that doesn't make sense to me
Rissa says:
  there are so many reliable sportsbooks out there
Rissa says:
  people can just bet $1,000 with the credit
Ben says:
  true
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lakers34kb
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#11
Posted: 2/25/2008 5:11:04 PM
Rissa says:
  I don't see anyone in there right mind paying you guys if they lose
Rissa says:
  especially if there are no consequences if they don't pay
Ben says:
  lol
Ben says:
  i guess I can turn it over to a collection agency
Rissa says:
  and say what, John owes us $500 for gambling online
Ben says:
  lol
Rissa says:
  that will go over smoothly
Ben says:
  actually its no different than going into a casino in vegas and getting a marker to gamble with
Ben says:
  have to pay off the marker or the casino can collect
Rissa says:
  going into a casino in vegas is legal
Rissa says:
  gambling online is not legal
Rissa says:
  its a difference
Ben says:
  not true at all
Rissa says:
  ok in the U.S. its not legal
Ben says:
  location of funds is jurisdiction
Rissa says:
  how long have you been in business?
Ben says:
  this site just launched last week. Our partners have been in business for years
Rissa says:
  why is there 3 different sites?
Ben says:
  what
Rissa says:
  http://creditwagering.com http://www.ipodprivacy.net http://www.spanishdrills.com
Rissa says:
  all the same site
Ben says:
  those other sites are just traffic gathering sites
Ben says:
  no clue who they are but they have our pages and links on them
Ben says:
  there were 10 last week, now 5
Ben says:
  i think they use names that are not active for traffic building
Rissa says:
  so I can signup at http://www.spanishdrills.com/signup/
Rissa says:
  but yet you said you don't know what the site is
Ben says:
  goes to our domain, thats where it is pointed
Ben says:
  never heard of them
Ben says:
  maybe they had the ip we have now before
Ben says:
  i will have to check with our techs..thats probably the case, as our isp is the largest in costa rica
Ben says:
  interesting...now i need to know
Ben says:
  lol
Rissa says:
  ya me too
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#12
Posted: 2/25/2008 5:11:19 PM
Rissa says:
  so you can confirm my identity with the last 4 of my social?
Ben says:
  we dont, debit card company uses a company that does
Rissa says:
  so what information do you need when I payout?
Ben says:
  copy of photo id and utility bill
Rissa says:
  why
Ben says:
  to avoid fraud...people playing in multiple accounts...to know who our customer is
Rissa says:
  I don't pay utilities
Rissa says:
  I have an apartment
Ben says:
  phone bill, any bill that comes to your address
Rissa says:
  don have any bills that come to my house
Ben says:
  you have to have cable, or internet, or water or something
Rissa says:
  cable internet water all included in rent
Ben says:
  nice
Ben says:
  so i guess i will have to take just your drivers license
Ben says:
  lol
Rissa says:
  what do you need a photo ID for? its not like you can confirm my identity by seeing a picture of me
Ben says:
  because the debit card company requires it
Ben says:
  as well as an identity check
Rissa says:
  can I send it to them instead?
Ben says:
  no
Rissa says:
  so your basically giving me $1,000 in credit --- If I win over $400 your going to send me it to my home, if I lose the $1,000 and not pay you --- your going be like shucks
Rissa says:
  is this correct?
Ben says:
  if you win $400 or more you collect, if you lose $400 or more you pay. Settlements are at weeks end
 
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lakers34kb
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#13
Posted: 2/25/2008 5:18:09 PM
Rissa says:
  but you said, if I don't pay there is nothing you can do about it?
Ben says:
  any more questions?
Rissa says:
  what are you going to do when someone doesn't pay yout?
Rissa says:
  you*
Rissa says:
  I am an honest guy, but there are some people out there that are not
Ben says:
  do you have any more questions, i am not going to answer the same thing 5 times
Rissa says:
  you never asnswer this question
Ben says:
  for the last time...your account will be closed and you can not play till you pay
Ben says:
  ok?
Rissa says:
  ok
Rissa says:
  so one last question
Ben says:
  its your choice to pay
Rissa says:
  why are you lying to me, I know your a scam and trying to steal money and people's identitites
he just closed the chat session
 
the last part he said, was like I do not lie all you are doing is wasting my time
 
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#14
Posted: 2/25/2008 5:21:53 PM
Ben says:
  for the last time...your account will be closed and you can not play till you pay
 
 
wow that was so comical, they will CLOSE YOUR ACCOUNT IF YOU DO NOT PAY THEM
 
OH NO, where will I ever play again
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#15
Posted: 2/25/2008 5:34:44 PM

Connection refused. The operator has blocked you from further chat requests.

they blocked me

 

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#16
Posted: 2/25/2008 5:52:26 PM
Lakers, I would say this.
 
I appreciate the time u spent doing all that, but they probably blocked you because like he said time was wasting. I'm not being rude to you. It's kinda like me being in the mortgage business. If someone calls me and wants to refinance and they are skeptical - fine. I will be as patient as I can for a while. But sooner or later it will get to a point where I have to cut the string, because nothing I say will convince them....so they're eventually not gonna do business w/ us anyway. It's just a lost cause.
 
I really do appreciate what u did, though. It says to me that they're gonna do what I've always wondered if someone would do...and that is this:
If I have a creditline of 1,000 and I lose 500 in a week. Well, all I gotta do is pay the 500 and - BOOM - I have a new 1,000 creditline! And if I do this a few times, the creditline will double. I'm not saying it'll definitely work. They prolly have a few rich guys backing them w/ money to play with. And I'm sure they know some floks will not pay. It's just like banks doing loans. They know some will never pay it back, but as long as they have those figures accounted for and build it into their model.....they're good. I'm sure when Google started, alotta folks wondered if it would survive. Well, look what happened. I realize this is a little different, but you just never know.
 
The guy pretty much admitted there's not much they can do when someone doesn't. It's just like any o/ business venture. There's alotta risk involved, but if you hit it right............
 
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#17
Posted: 2/25/2008 8:05:16 PM
any updates on this site.........im about to try it
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#18
Posted: 2/25/2008 8:35:44 PM
ben says they have over 300 players already in 5 days...wowww
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#19
Posted: 2/25/2008 8:44:00 PM
Is anyone doing this? it can't really hurt to try , can it?
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#20
Posted: 2/25/2008 8:44:58 PM
still waiting for them to settle my first half wager on the toronto game.... nearly 3/4 time
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#21
Posted: 2/25/2008 8:45:23 PM
still waiting for them to settle my first half wager on the toronto game.... nearly 3/4 time
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#22
Posted: 2/25/2008 9:07:24 PM
Ive tried it as well, they put limits on you such as 100 per bet, and 50 per parlay, basically so they don't get themselves into a hole really quick. They are taking that risk, it may sound crazy thinking nobody is going to pay if they lose, but what they are banking on is people winning off the start, getting payment. Which seems very easy through a debit card, and liking the convenience , they will have people willing to pay, once they see how easy it is.

My thought, this site wont last very long. Because of obvious reasons.
Someone came up with a great idea, with a payday loan look.
This thread should be deleted, if you understand what I mean.
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#23
Posted: 2/25/2008 9:15:03 PM
No,I dont know what you mean. i cant sign up anyway,you need a conf# in an email but the space is blank for me.
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#24
Posted: 2/25/2008 10:50:02 PM
Run Forrest Run
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#25
Posted: 2/25/2008 10:50:35 PM

His full name is

 

BEN  DOVER

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