Please Note (2011 Update): This WSEX Review was written in 2007.

WSEX is no longer a reputable bookmaker- see Sports Betting Sites’ WSEX Warning for details.

We strongly advise sticking to reputable betting sites highly rated on our sportsbook rating guide.

World Sports Exchange (WSEX) (visit site)

wsex
WSEX Website

World Sports Exchange (WSEX) was founded in 1997 by three individuals who left their positions on the Pacific Stock Exchange to start the company. Its unlikely any of these founders regrets that decision as WSEX has grown into one of the largest and most professionally ran sports betting operations in the world. Their company offers wagering on Pro Football, College Football, Hockey, Pro Basketball, College Basketball, Canadian Football, Boxing/MMA, Soccer, Horses, Politics and world news/events.

While WSEX is not ultimately known for reduced juice offerings, they do offer -104 base pricing on live betting and offer a true dime line on MLB lines. Perhaps the feature clients of WSEX are most impressed with are the lightening fast payouts. Withdrawals to Neteller, Moneybookers and InstaDebit are generally processed in a matter of just a couple hours from the time they were requested.

WSEX is located in Antigua where they are licensed by the government of Antigua and Barbuda. Americans will always be welcomed at their site, however; banking options are a bit limited for American bettors. These clients can deposit using either a prepaid credit card or money transfer services and can request Bank Draft withdrawals.

Special Offer: WSEX has a poker room and casino players which is fully integrated with the sportsbook (Clients can use all 3 from the same account). Players who sign up through the poker room and use the bonus code WPX80 will receive 80% rakeback paid weekly. This is 5% more than WSEX offers to clients who fail to use a bonus code. Even if you don’t play poker now you never know when you might take it up, so, for that reason; we strongly suggest you sign up using this link to their poker room and then using bonus code WPX80.

Geographical Restrictions: None, clients from all locations welcomed.

WSEX Bonus and Promotion Offers

Sign up bonus: WSEX does not offer a sign up bonus but they do offer a 10% bonus for players who deposit via wire transfer ($500 max w/ 5x rollover) Players who sign up through their poker room can use WSEX bonus code: WPX80 to get 80% rakeback on all games played. Seeing as the Poker Room and Sportsbook are fully integrated we strong advise clicking here to sign up through their poker room and using sign up bonus code WPX80 (Even if you don’t play poker you never know if you might decide to do so in the future).

Promotions and Incentives: Some WSEX promotions and incentives include -104 base pricing on live in game wagering, periodic reload offers, a 10% bonus on all wire transfer deposits ($500 max w/ 5x rollover) and fantasy sports promotions.

WSEX Operation Details

Hours: Internet wagering, banking and account info is available 24/7 online. Phone support, customer service and wagering is available from 8AM EST until half time of the last game on the board.

Customer Service: WSEX customer support is good through sometimes there is a bit of a language barrier. Their support department is available from 8AM EST till the start of the 2nd half of the last game on the board.

Minimum Bet: $10 online, $50 by phone

Maximum Bet: $30,000 Football Spread – $5,000 Football Totals | $3,500 NBA Spreads – $500 NBA Totals | $2,500 College Hoop Spreads – $500 College Hoop Totals | NHL/MLB = $2,500 sides & $500 Totals.

Reduced Juice: -104 base on live bets and dime lines on MLB bets.
Overnight lines: Yes

Professional Action Limits: WSEX welcomes professional action and is not known for imposing professional limit collars.

Parlay Odds: The parlay odds are standard and perhaps below average on 5 and 6 team parlays. Here are the odds offered: 2 teams 13/5, 3 teams 6/1, 4 teams 10/1, 5 teams 20/1, 6 teams 35/1.

Teaser Odd: The WSEX teaser odds are on par with industry standards on many combos but for some combinations they are blow par. For example at WSEX a 3 team 6 point football teaser pays only +170 where the industry standard is +180.

Here are their odds on regular teasers:
WSEX Teaser Odds

WSEX does not offer sweetheart (aslo called Monster Teasers) such as 10 point 3 team / 13 point 4 team teasers. They do however offer extended teaser odds. These are  2-6 team 7.5 to 8 point football only teasers.

Here are the extended football teaser odds:
WSEX Sweetheart Teaser Odds

*Teasers with a push reduce to the next option. Example a 4 team teaser with 2 pushes would become a 2 team teaser. On 2 team teasers a push and a win = push and a push and a loss = loss.

Other betting options include Round Robins, Conditionals, Reverses, Action Points, Buy Points and Pleasers.

The WSEX pleaser odds are better than industry average but are only available football point spreads as a 6 point option. For those who are not familiar: A pleaser is the opposite of a teaser where instead of getting 6 additional point you’re giving 6 additional points.

WSEX Pleaser payouts: 2 Teams = +600 | 3 Teams = +1700 | 4 Teams = +4500 | 5 Teams = +12000 | 6 Teams = +30000

WSEX Banking Options and Policies

Deposit Options and Limits:

Person to Person Money Transfer: The minimum deposit through this method is $100. Clients depositing $300 or more will have transaction fees this deposit method incurs reimbursed.

Credit Card: This deposit method is free of charge however some creditor card companies might charge a cash advanced fee (check with bank). The minimum credit card deposit is $35 and the maximum is $3,000 per 30 day period).

Bank Wire: All bankwire deposits receive a 10% bonus ($500 max and 5x rollover). No fees are charged by WSEX but most banks charge a fee for bank wires. Fees are not reimbursed  as the 10% bonus more than covers any associated fees.

Moneybookers: (Not available to US Residents) Deposits through this methods are free and there is a $20 transaction minimum.

Neteller: (Not Available to US and Canadian Residents): Deposits through this method are free and there is a $20 transaction minimum.

InstaDebit (Canada Only): Deposit through this method are free. There is a $20 minimum deposit amount per transaction and a maximum deposit limit of $3,000 per 30 days through this method.

* For additional deposit options, contact WSEX banking support at (888) 671-3253.

Withdrawal Options and Fees:

Bank Draft: Clients may withdrawal up to $9,500 per day via bank draft. Bank draft withdrawals delivered via courier (2-4 day delivery time) cost $30. Bank Draft withdrawals sent via regular mail are free (up to 20 day delivery time).

Moneybookers & Neteller: Clients are entitled to one free Neteller or Moneybookers withdrawal per 10 days. Each additional withdrawal will incur a $15 fee.

InstaDebit: Clients are entitled to one free InstaDebit withdrawal per 10 days, additional withdrawals incur a $10 fee.

WSEX Corporate Information

WSEX is located in St. John’s, Antigua where they were founded in 1997. The are licensed by the Government of Antigua and Barbuda – thier license is in good standing with no registered complaints.

Physical Address:
World Sports Exchange
Wood’s Centre, Suite 11 Friars Hill Rd.
St. John’s, Antigua
West Indies

Phone Numbers:
Wagering (US): 1-888-498-8227
Wagering (UK): 011-800-1121-3141
Accounting: 1-888-671-3253
Casino/Poker 1-866-234-0575
International: +1-268-480-3888
Toll free fax 1-268-480-3850