World Sports Exchange Long Ago?

**PD77** · 08-18-23, 01:25 PM

I remember, it was confusing at first but probably my first experience with live betting.WSEX was way ahead of the competition early on, I remember they used to pay daily interest on your available balance at one time, offered stock market wagering briefly. I remember watching a 60 minutes episode about them and then they bent bankrupt or whatever happened to them. No doubt they were my go to shop for a long time. Offshore Sportsbetting needs another visionary, it’s the same old shit everywhere now.

**Shifty** · 08-18-23, 02:01 PM

Originally posted by LongBall52

Does anyone still remember how they offered In game wagering? It was based on shares being a certain dollar price. Of all the places I've played over the years they are the only place that did it this way. I thought it was an excellent and fun way to play in game. I know they went out owing some people money, sadly, but wish I could find that type of set up anywhere for in game.

Sporttrade uses the same 0-100 pricing. Only in NJ, but they're looking for approval in other states.

**Tazman** · 08-18-23, 02:19 PM

I played at WSEX. It was like the stock market and had a bid-ask per contract. I think you could buy up to 10 contracts. Normally the spread was $4 so you might have KC Chiefs -7.5 and you could buy at 56 bucks or sell at 52. The best part, unlike traditional live lines, is that you could sell at any time and get out of the bet. That particular contracts(s) then went up and down in price till the end when you either were worth $0 or $100. Way ahead of their time until 60 Minutes did a story on them and eventually got out of the US market and then defunct. Still the best experience I ever had, win or lose! The look was a 4 box where each line had it’s price, just like Options trading.

**LongBall52** · 08-18-23, 03:04 PM

Originally posted by Tazman

I played at WSEX. It was like the stock market and had a bid-ask per contract. I think you could buy up to 10 contracts. Normally the spread was $4 so you might have KC Chiefs -7.5 and you could buy at 56 bucks or sell at 52. The best part, unlike traditional live lines, is that you could sell at any time and get out of the bet. That particular contracts(s) then went up and down in price till the end when you either were worth $0 or $100. Way ahead of their time until 60 Minutes did a story on them and eventually got out of the US market and then defunct. Still the best experience I ever had, win or lose! The look was a 4 box where each line had it’s price, just like Options trading.

Exactly!

**Crusherrr** · 08-18-23, 04:21 PM

WSEX was great. I never used them for sports betting as I had not really gotten into it way back then. But they had a Rake Free poker room. Actually, it was raked- but 100%+ rakeback. The games were super super tough though for obvious reasons. Would have thought there would have been more recs playing since it appears they were decently popular for sports.

**Keith Richard** · 08-18-23, 05:49 PM

For a time they were one of the very best books available. Pinnacle,WSEX, Olympic,WWTS, even Aces Gold and Cascade were all great books until they weren't.😟

**Mr. NBA** · 08-18-23, 06:50 PM

WSEX was the second biggest loss for me in my gambling career. Right behind the Shrink. I had complete 100% faith in both along with 75% of my life savings unfortunately. If those two things never happened I'd be enshrined at Circa. But what fun would that of been. Grind away and pray it doesn't happen again at this stage of my life.