About
Us
Who are you?
This site is owned and operated by EURO SPORTS EXCHANGE LIMITED, 11-15 WILLIAM ROAD, LONDON NW1 3ER, U.K.
All financial transaction are processed through EURO SPORTS EXCHANGE LIMITED, 11-15 WILLIAM ROAD, LONDON NW1 3ER, U.K.
For transaction security we use 128-bit SSL encryption.
All customer data will be treated confidential and will not be sold to others.
World Sports Exchange (WSEX.com) is
one of the largest Internet sportsbooks in the world. A pioneer in
the industry, we enable players from around the world to establish
online wagering accounts, and to wager on all major
North American and European sports.
World Sports Exchange was founded by former members of the Pacific
Stock Exchange. We applied Wall Street technology and risk management
principles to the bookmaking business, and have enjoyed tremendous
success in the field since we began.
WSEX is the recognized leader in the online gaming industry. We have
been featured in scores of major media publications and television
programs, including:
The New York Times
The Wall Street Journal
The Los Angeles Times
Newsday
The Washington Post
Sports Illustrated (cover story)
Business Week
Newsweek
Cigar Aficionado
The Las Vegas Sun
60 Minutes (CBS)
World Sports Exchange was born in the summer
of 1996. It was first incorporated as an International Business Corporation
in November of that year. We have been licensed to accept wagers
since January 5, 1997. WSEX is incorporated in Nicosia, Cyprus.
How do I open an account?
Opening an offshore wagering account is simple. Just fill out the Online Application, read our Rules and Regulations, and fund your account using a method chosen
from our Payment Options.
How old do I have to be to set up an offshore wagering
account?
You must be at least 18 years of age.
How do I make a wager from my account?
Making a wager is easy. Just choose a sport from the main menu. A “lines” page
will open, showing all the different contests in the lower-right frame.
Click the wager button next to the outcome you wish to choose. A wager
screen will appear in the upper-right frame, with a dropdown bar for
selecting the amount you wish to wager. Read the entire wager screen
to make sure it is the outcome and point spread or money line you want.
Then, click “Place wager.” Within seconds, a window will
appear either confirming or denying your play. Your account will be
debited for the amount of the wager if it is accepted.
Do I need to log in?
At WSEX, you don't need to log in to view our lines or surf the bulk
of the site. The only time you need to log in is when you wish to check
personal account information or make a play. There is no login screen.
Simply start to make your play or check your balance, and a window
will appear asking for your user name and password. You will only need
to enter this information once per session.
Do I need to log out?
You will remain logged in until you exit your browser, so be sure to
close your browser whenever you end your session with WSEX.
How do I view my past & pending wagers?
Click "Reports" in the tool bar on the main page. Select the
type of report you wish to view from the dropdown menu, then select
a report option. Click "View Report" to view your selection.
If you are not logged in, a popup window will appear asking for your
username and password.
What type of browser do I need?
WSEX.com is compatible with Netscape, Safari, Internet Explorer, and
WebTV. For all browsers, we require version 3.0 or higher, as our site
is very frames-intensive.
What is the best resolution to set for my computer
screen?
The preferred resolution is 1024x768. You will find that the best way
to view the site is on a 15" monitor or larger.
Can I access your site via WebTV?
Yes.
Do I need to download any software?
No.
Straight wagers
Straight wagers are the simplest types of plays. You can bet with a
point spread, a money line, or a combination of both. All pointspread
wagers pay 10 to 11 unless otherwise specified.
- POINTSPREAD WAGERS are bets in which there is a Team A and a
Team B, and one team is favored over the other by a fixed point
spread. If you wager on the favored team, they must win by at least
the amount of the point spread for you to win. If you bet on the
other team (the "dog"), your team must win outright or
lose by less than the point spread for your wager to be credited
as a win. If the game score lands exactly on the point spread,
it is graded as a "push" and your wager is refunded.
- MONEYLINE PLAYS are typical in baseball and other low-scoring
events, as well as contests in which no points are involved, such
as boxing. In a pure moneyline play, you only need to pick the winner,
but the odds may vary depending on which team is favored. You will
either have to “lay odds” or “take the odds.”
If the line is Team A –200 and Team B +180, you will have
to risk 200 to win 100 on Team A, or 100 to win 180 on Team B.
- COMBINATION BETS combine point spreads and money lines. They
are most common in baseball, golf, and special proposition wagers.
In baseball, they are known as “run lines.” You either
give up a fixed number of runs or take a fixed number of runs,
both of which will involve a money line. In golf, daily matchups
often involve a half-stroke handicap as well as a money line.
Parlays
Parlays are wagers in which you choose 2-6 plays and must win them
all to win the wager.
WSEX.com pays true odds on parlays. ALL parlays will be calculated
using the following formula:
The money line for each proposition is substituted into (Win amount
/ Bet amount) + 1), and the resulting products are then multiplied
together.
Example: A 3-play parlay of the following propositions:
|
Bet #1 (-115) |
|
Bet #2 (+160) |
|
Bet #3 (-125) |
|
Result |
|
((100 / 115) + 1) |
* |
((160 / 100) + 1) |
* |
((100 / 125) + 1) |
= |
8.7497 |
| $30 bet |
1.8696 |
* |
2.6 |
* |
1.8 |
= |
$262.49 |
Note: The example payout above includes the return of the original
$30 bet.
Teasers
Teasers are like parlays, except you buy points on both contestants.
Teasers are available in football and basketball on pointspread wagers
and totals.
- PAYOUTS FOR BASKETBALL TEASERS:
| Number of plays |
4-pt teaser |
4.5-pt teaser |
5-pt teaser |
| 2 Plays |
$100 / $100 |
$100 / $110 |
$100 / $120 |
| 3 Plays |
$170 / $100 |
$160 / $100 |
$140 / $100 |
| 4 Plays |
$280 / $100 |
$250 / $100 |
$200 / $100 |
| 5 Plays |
$450 / $100 |
$400 / $100 |
$350 / $100 |
| 6 Plays |
$700 / $100 |
$600 / $100 |
$500 / $100 |
Example: If you wager $10 on a 5-play 4.5-point basketball teaser
and win, you will be credited $50 ($40 + your $10 wager).
Note: There is an additional $0.10 charge for each totals proposition
included in a teaser.
- PAYOUTS FOR FOOTBALL TEASERS:
Pro Football:
| Number of plays
| 6-pt teaser
| 6.5-pt teaser
| 7-pt teaser
| 7.5-pt teaser
| 8-pt teaser
|
| 2 Plays
| $100 / $110
| $100 / $120
| $100 / $130
| $100 / $140
| $100 / $160
|
| 3 Plays
| $170 / $100
| $160 / $100
| $140 / $100
| $120 / $100
| $110 / $100
|
| 4 Plays
| $280 / $100
| $250 / $100
| $200 / $100
| $170 / $100
| $150 / $100
|
| 5 Plays
| $450 / $100
| $400 / $100
| $350 / $100
| $280 / $100
| $200 / $100
|
| 6 Plays
| $700 / $100
| $600 / $100
| $500 / $100
| $400 / $100
| $300 / $100
|
College Football:
| Number of plays
| 6-pt teaser
| 6.5-pt teaser
| 7-pt teaser
| 7.5-pt teaser
| 8-pt teaser
|
| 2 Plays
| $100 / $100
| $100 / $110
| $100 / $120
| $100 / $135
| $100 / $150
|
| 3-6 Plays
| Same as Pro Football Teaser Payouts
(6 – 8-pts)
|
Example: If you wager $10 on a 6-play 7-point football teaser and
win, you will be credited $55 ($45 + your $10 wager).
Note: There is an additional $0.10 charge for each totals proposition
included in a teaser.
For more about WSEX Parlays and Teasers, see our Rules
and Regulations.
- CONDITIONAL WAGERS ("If's" and "Action-To's")
Conditionals are wagers that are contingent on each other. You
only have action on each leg of a conditional if the prior leg
wins (or ties, in the case of an action-to).
Conditional wagers are not required to be placed in order of contest
time. The first leg of your conditional may start after a subsequent
game has already finished.
For more about conditionals, click
here.
- REVERSES
Reverses are combined "action-to" bets. They are available in 2
or 3 outcomes and have a very interesting payout chart.
For more about reverses, click
here.
- FUTURE BETS
Future bets are wagers on future events, such as a seasonal championship.
- FUTURES MARKETS
Futures markets allow players the opportunity to buy and sell their
favorite teams and players all season long.
- What is the difference between 1-Pay and 4-Pay?
In a 1-Pay event, the winner is worth $100, and all other places
are worth zero.
In a 4-Pay event, the winner is worth $100, second place is
worth $50,
and third and fourth places are worth $25 each. All other places
are worth zero.
Prior to the event being final, futures can be traded freely.
They can be bought or sold throughout the season.
- In which events do you offer futures trading?
4-Pay
Pro Football
College Football
Pro Hockey
Pro Baseball
Pro Basketball
College Basketball
1-Pay
PGA Tour
European Tour
Winston Cup
World Cup
Men's Tennis
Women's Tennis
League MVP
Any additional futures events will be listed and labeled
as either 1-Pay or 4-Pay.
- ROUND ROBINS
A round-robin wager allows a player to pick 3 to 5 outcomes and
create all possible 2- or 3-team parlay combinations from the selected
outcomes.
For more about round robins, click
here.
- ACTION POINTS
For more about action points, click
here.
- INTERACTIVE WAGERING
Futures Trading (see below)
In-Progress Proposition Wagering (see below)
- SPORTS OFFERED
Football, College and Pro
Basketball, College and Pro
Baseball
Hockey
Golf
Boxing
Auto Racing (NASCAR and Formula 1)
Tennis
Soccer
Major Summer and Winter Olympic Events
Straight-Wager Limits on the
Big Four Sports
|
| |
Pro Football |
College Football |
Pro Basketball |
College Basketball |
Baseball |
Hockey |
| Side: |
$20,000 |
$10,000 |
$5,000 |
$2,500 |
$2,500 |
$2,500 |
| Totals: |
$5,000 |
$2,500 |
$500 |
$500 |
$500 |
$500 |
| 1st Half: |
$10,000 |
$5,000 |
$2,500 |
$1,000 |
| Money Lines: |
$2,000 |
$1,000 |
$1,000 |
$500 |
$2,500* |
$2,500** |
* Run Lines ** Puck Lines
Call for higher limits.
Please keep in mind that wagers are subject to approval, and
limits are subject to change.
Straight-Wager Limits on Other
Events
|
| |
Soccer |
Tennis |
Golf |
Auto Racing |
Movies |
| Side: |
$500 |
$500 |
$800/$1000 |
$500 |
$300 |
PARLAY LIMITS FOR PRO AND COLLEGE FOOTBALL
2-Play Parlay: $1,000
3-Play Parlay: $1,000
4-Play Parlay: $500
5-Play Parlay: $500
6-Play Parlay: $300
PARLAY LIMITS FOR OTHER SPORTS
2-Play Parlay: $500
3-Play Parlay: $500
4-Play Parlay: $300
5-Play Parlay: $300
6-Play Parlay: $200
Teaser Limits for Pro and College
Basketball
|
| Number of Plays |
4 Points |
4.5 Points |
5 Points |
| 2 Plays |
$500 |
$500 |
$500 |
| 3 Plays |
$500 |
$500 |
$500 |
| 4 Plays |
$300 |
$300 |
$300 |
| 5 Plays |
$300 |
$300 |
$300 |
| 6 Plays |
$200 |
$200 |
$200 |
Teaser Limits for Pro and College
Football
|
| Number of Plays |
6 Points |
6.5 Points |
7 Points |
| 2 Plays |
$1,000 |
$1,000 |
$1,000 |
| 3 Plays |
$1,000 |
$1,000 |
$1,000 |
| 4 Plays |
$500 |
$500 |
$500 |
| 5 Plays |
$500 |
$500 |
$500 |
| 6 Plays |
$300 |
$300 |
$300 |
FUTURES LIMITS
Futures that are 9-1 or less: $1,000
Futures that are 10-1 to 20-1: $500
Futures that are 21-1 to 1,000-1: $200
EXOTIC WAGERS
Exotic-wager limits vary with each offering. Please check the
limits shown in the dropdown window.
The minimum phone-wager amount is $50.
The minimum online-wager amount for a straight bet is $10.
The minimum online-parlay-wager amount is $5.
- HORSE RACING
WSEX offers a large daily selection of wagers for all major North
American thoroughbred tracks:
Win, place, and show bets
Exacta
Trifecta
Daily double
Quinella
Other exotic wagers
Do you pay track odds?
We pay track odds on all win, place, and show bets. On exotic wagers,
we pay track odds with a cap of 100-1 for exactas and quinellas,
and 300-1 for trifectas.
- OTHER EVENTS
Over the course of the year, WSEX offers propositions on non-sporting
events such as elections, trials, entertainment awards such as the
Academy Awards, and any other event that we feel there might be
interest in.
What is the minimum deposit?
The minimum deposit is $50.
How can I make a deposit?
All of our deposit methods can be viewed on our Cashier page.
How can I make a withdrawal?
You can make a withdrawal request online on our Cashier page.
What methods of withdrawal are available?
We will send you a bank draft that works just like a check. You have
the option of receiving the bank draft via regular mail for a $15 fee, or by courier mail for a $50 fee. You are entitled to one free regular mail draft every 30 days.
NETeller customers must withdraw through NETeller the amount
of all previous NETeller deposits prior to withdrawing through
by any other available method.
Customers who deposited funds by credit card will receive withdrawals
only by bank draft.
When are withdrawal requests processed?
Withdrawal requests are processed Monday-Friday, with the exception
of local bank
holidays. Withdrawal requests must be received by 8 a.m. Eastern
time to be processed that day.
What if I am not sure of the outcome of a late West
Coast game and I want to put a request in before I go to sleep?
No problem. Submit your request the night before—if the money
is in your account in the morning, your request will be processed. If
there is less money in your account than the amount of your request,
the request will be cancelled.
How often can I make a withdrawal?
You can make withdrawals often as you like.
What is Live Betting?
Our Live Betting, a WSEX trademark, allows you to bet on a live event
during play. In fact, World Sports Exchange was founded by options traders
who wanted to combine the two most exciting environments around: the
sportsbook and the trading floor.
In a Live Betting event, a client buys and sells contracts on the outcome
of his/her choice. At the end of the event, the winning side pays off
at $100/contract; all other contracts are worth zero.
Prices are updated continuously throughout play, meaning that the value
of individual contracts fluctuates based on the contestants' performance.
How do I buy and sell contracts?
Click the "Live Betting" link in the main menu, then choose an event.
For most events, two teams (or outcomes) will be listed. Golf is an
exception: we try to list all the contenders, so up to 50 contestants
may be listed.
To trade, simply click the buy/sell price next to the contestant of
your choice. A trading window will open in your screen's upper-right
frame. Confirm that the buy/sell button is set to your desired transaction
type, and that the market price is acceptable. (The market price is
listed for convenience; you can choose a different price without worry,
as you will always be filled at the best available price.) Finally,
select a number of contracts via the second dropdown, then click "place
order."
That's all there is to it. You'll quickly receive a trade response from
the WSEX system, either confirming that your order was partly/completely
filled, or that it was rejected because the price was too low (for buy
transactions) or too high (for sell transactions).
On what events do you offer live betting?
Live Betting is offered on major college and pro football games every
weekend, plus Monday Night Football (including Thursday night editions).
We generally offer three games each on Saturday and Sunday (including
the Sunday night game), but hope to expand this schedule in the upcoming
season.
In baseball, we offer ESPN, TBS, and WGN games during the regular season—plus
all the playoff and championship games, of course.
In basketball, we offer ESPN, TNT, and TBS games during the week, plus
NBC games on the weekend—and again, all the playoff and championship
games.
Perhaps our most exciting Live Betting markets are in golf. Every Thursday
to Sunday, we open our golf markets for live trading during televised
PGA coverage... with prices updated shot by shot!
In-progress proposition bets
- What are in-progress proposition bets?
These are bets that are offered on games in progress. They include
"Who will score next?" and "At-bats," in which
you can bet on what a player will do on his next at-bat: single,
double, triple, etc.
- How do I place a wager on them?
You can find the menu for in-progress propositions at the bottom
of the interactive menu for the same event.
- How quickly are they graded?
In-progress proposition bets are graded as soon as there is a result.
What are your customer-service hours?
Our phone lines are open 7 days a week, from 8 a.m. Eastern Time until
the last West Coast game starts.
What is your customer-service e-mail address?
You can always e-mail us at info@wsex.com.
We respond to all e-mails within 24 hours, and faster if possible.
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