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Parent Co.: UnKnown cw
Website: CreditWagering (Site Offline)
Rating: F



September 6, 2011 CreditWagering Offline. Credit shop offline after promising customers to rebuild and come back strong in August. The book closed owing a great deal of people. CreditWagering failed because of a credit system where anyone with an I.D. was extended credit. Many people did not pay once they lost.

June 19, 2011 CreditWagering (Rating D) Sold. Credit shop Credit Wagering contacts clients today with news that company has been sold. States that new focus for ownership is getting old and new players paid. Read Actual Email Message

May 12, 2010 Slow Pay Complaint for CreditWagering Received. Player has been owed thousands of dollars for months and is getting stories about processor problems. We will keep an eye on this story.

April 9, 2010 CreditWagering Downgraded After Threatening Player. CS from CW threatens player with non-payment and cursing in email if they ever try to contact the book again. Player has been owed for well over three months. New Rating D.

January 8, 2010 CreditWagering Update. Slow pay players report receiving funds in full amounts.

January 5, 2010 Creditwagering having some payment processor issues. Several players write in saying they have been getting delayed on their payments for several weeks. We contact CreditWagering and they say everything will be back to normal soon and that most players are current. We will keep this situation updated.

May 22, 2009 CreditWagering (B Rating) Score reassessed. Downgraded to C. Emails are taking much longer for response. Also, they are having payment processing issues with their debit card payment system. Payout request clients are told wait until next week for an alternate solution. We are downgrading them to keep potential players weary.

February 7, 2009 CreditWagering (SA Rating B) Update. Professional and in depth article about the experiment that is this credit sportsbook.

November 25, 2008 – CreditWagering (SA Rating C-) upgdraded to B. Owners of SA have tested this book and wagered.

October 24, 2008 – CreditWagering enters rating guide with C- rating. This is a credit shop that gives new players $1000 wagering line of credit. Settlement is made both ways after the 400 dollar plateau has been reached. We are typically weary of any credit shop but the reports online thus far have been positive. We shall start with a C- rating and adjust accordingly over time.

Articles on File:

Credit WageringSold. Read– June 2011

Newest Follow Up on Credit Wagering Experiment. READ – February 2009

SportsbookAdvisor tests the credit shop CreditWagering. Read – November 2008