World Sports Exchange
Encyclopedia
World Sports Exchange is an online bookmaker
offering sportsbook gambling odds and sportsbook wagering lines including, football lines, basketball odds, baseball parlays, hockey odds, and horse racing track odds. Established in 1995, it is one of the pioneers of internet gaming. The company also runs the World Poker Exchange, an online poker
cardroom.
In 2000, former owner Jay Cohen
was prosecuted by the United States government for violating the Federal Wire Act
.
World Sports Exchange has many complaints against it for failing to pay its customers money owed to them, as noted on a leading industry watchdog site, www.sportsbookreview.com which gives World Sports Exchange a D rating ("Poor, some risk to players funds. Poor customer service, etc.") World Sports Exchange has had customers complaining to have not received payments which total in the hundreds of thousands.
Bookmaker
A bookmaker, or bookie, is an organization or a person that takes bets on sporting and other events at agreed upon odds.- Range of events :...
offering sportsbook gambling odds and sportsbook wagering lines including, football lines, basketball odds, baseball parlays, hockey odds, and horse racing track odds. Established in 1995, it is one of the pioneers of internet gaming. The company also runs the World Poker Exchange, an online poker
Online poker
Online poker is the game of poker played over the Internet. It has been partly responsible for a dramatic increase in the number of poker players worldwide...
cardroom.
In 2000, former owner Jay Cohen
Jay Cohen
Jay Cohen is the cofounder and CEO of World Sports Exchange , an online gambling company from 1996 until July 24, 2000, when he was the first United States citizen to be convicted in US Federal Court for violation of the Federal Wire Act for operating an online gambling company from a jurisdiction...
was prosecuted by the United States government for violating the Federal Wire Act
Federal Wire Act
The Interstate Wire Act of 1961, often called the Federal Wire Act, is a United States federal law prohibiting the operation of certain types of betting businesses in the United States. It begins with the text:...
.
World Sports Exchange has many complaints against it for failing to pay its customers money owed to them, as noted on a leading industry watchdog site, www.sportsbookreview.com which gives World Sports Exchange a D rating ("Poor, some risk to players funds. Poor customer service, etc.") World Sports Exchange has had customers complaining to have not received payments which total in the hundreds of thousands.