Wager Web Sportsbook Downgraded to F

If you are a bettor who wants to get paid when you win, you should avoid betting at Wager Web sportsbook. Wager Web might prove to be very reluctant to pay out its players.

Wager Web has owed a former player almost $11,500 since 2009. Claiming the bettor was playing correlated parlays against its rules, WagerWeb closed the player’s account and has refused to pay out any of the balance.

Correlated parlays are any bets where winning one side makes winning the second leg more likely. For instance, betting Alabama -48 and Over 53 would be correlated, since it is likely the game will go over 53 points scored if Alabama covers the point spread. A first half parlay with Kansas St. -6 and over 28.5 isn’t highly correlated, however, so most sportsbooks allow wagers like these.

Typically, a book will divide the point spread by the game total; if the number is greater than 30%, the two bets are correllated enough to make the bets a net loser for the sportsbook. The sportsbook will have the software reject such wagers. WagerWeb, using ASI software, routinely rejected bets with this high correlation.

Other same game parlays were accepted by Wager Web, however. The player in question made many of these wagers, losing nearly $10,000 in the process. WagerWeb would routinely offer the player reload bonus, liking his action.

However, the player got hot and won $4,302 over a two-month period ending on October 24th, 2009. After the player requested a payout, WagerWeb conducted a five week investigation that culminated with Wagerweb taking $9,578.60 from the players account, claiming illegal bets. They have since refused by pay the additional $1,700 in the player’s account unless the player agrees to forfeit the nearly $9,600 in dispute.

The player has since taken the case to several outside parties, hoping mediation will resolve the issue. Both parties, SportsbookReview.com and OSGA.com, have ruled in favor of the player. WagerWeb still resists, using a variety of excuses such as software mistakes, new ownership, and fraud. No evidence has been shown to back up these excuses.

Based on this and other instances of questionable behavior by WagerWeb, Rouletters downgrades WagerWeb to an F grading and advise all to avoid this sportsbook.

 

Have a tip? Email angela@rouletters.com

Pucks Betting: Tuesday Hockey News

Ten games are on tap tonight in the NHL, including the 10-0-2 Chicago Black Hawks returning home to face 8-2-1 Anaheim Ducks. Chicago has played just two home games so far this year, squeaking out one goal wins in both games. They are just five games away from setting the NHL record for most games without a regulation loss to start a season.

The Ducks currently hold the current streak. Anaheim went 12-0-4 to start the 2006-2007 season that culminated in a NHL title. The Ducks are 4-1-1 on the road, including a 6-5 shootout victory on Saturday over the St. Louis Blues. This will be Anaheim’s fourth straight game away from its home ice.

The Under has hit in seven of the last eight meetings between these two teams. Chicago has also gone Under in its last five home games. Chicago is a -160 favorite over Anaheim, with the total set at 5.5

Other games tonight:

Carolina at New Jersey (-165, total=5 -125): New Jersey has outscored its opponents 16-5 in its last five games, winning all five.

Buffalo vs Ottawa (-140, 5.5 -120): Buffalo has lost seven of its last 10 games. Four of the last five Ottawa home games have gone Under the total.

Montreal vs Tampa Bay (-130, 5.5 -115): Montreal has lost its last three games while Tampa is on a four game losing streak, scoring just six goals in those four games.

New York Rangers vs Boston (-140, 5 -110): Two hot teams facing off: Rangers have won five of its last seven games with Boston winning six of seven.

Washington vs Florida (-125, 5.5 -120): Senators have lost four of their last five games, but are on a four game winning streak against Florida.

San Jose vs Nashville (-115, 5 -120): San Jose is on a five game losing streak, being outscored 16-7 in those games. Nashville has scored just one goal in its last two games.

Philadelphia vs Winnipeg (-135, 5.5 -110): Winnipeg has owned the Flyers in recent years, going 10-2 in its last twelve games against Philadelphia.

Dallas vs Edmonton (-125, 5 -120): Dallas has allowed just five goals in the last three games, winning all three. Edmonton has lost five of its last six games.

Minnesota vs Vancouver (-185, 5 -110): Vancouver is on a five game winning streak.