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WAGERSTREET REVIEW
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Reviewed by David Lee WagerStreet web site
About WagerStreet
URL : WagerStreet
Short Description : With WagerStreet taking wagers on football, basketball, baseball, hockey, tennis, golf, auto racing, horses and more using their advanced software that allows you to place multiple bets from one screen coupled with their online casino, WagerStreet will give you cause for pause for a look at their services.
Year Started : 2004
Country : United Kingdom
Languages : English
Management :
Overall Rating : This site rates 4 out of 5 stars.
WagerStreet Sports Betting Features
Deposit Types :
  • Bank Wire
  • Check
  • Credit Card
  • eCheck
  • NETeller
Sport Types :
  • Auto Racing
  • Baseball
  • Basketball
  • Boxing
  • Canadian Football
  • Cards/Games
  • College Football
  • College Sports
  • Football
  • Formula 1
  • Golf
  • Hockey
  • Horseracing
  • NASCAR
  • Soccer
  • Tennis
Wager Types :
  • If/Win & If/Action
  • Parlays
  • Props
  • Round Robin
  • Straight Wager
  • Teasers
Wager Limits :
  • Minimum Bet: $5.00
  • Maximum Bet: Varies from $250 to $3,000 depending on wager and sport
Withdrawal Terms :
  • Credit Card: No fee. Withdrawals require the following to be faxed before withdrawal will be processed: Agreement provided online, photocopy of card used for deposit, photocopy of driver's license, photocopy of credit card billing statement.
  • Check via FedEx: $30.00 fee up to $3,500; $35.00 fee for $3,500 or more
  • NETeller: One free every 15 days, subsequent withdrawals at $20.00 fee. Maximum $2,500 per day, $5,000 per week.
  • Check via Regular Mail: No fee.
Payout Limits : None
Bonus Ranking : 0
Initial Deposit Mins : $0.00
Initial Bonus Offers :
  • 20% bonus for bank transfer deposits.
  • 15% bonus for all other deposit methods except NETeller.
  • No bonus for NETeller deposit.
  • 5x rollover applies and funds must remain in account for 30 days.
  • Maximum of $250 bonus per month and only one bonus per household.
  • Reload Bonus Offers :
  • 10% reload bonus for bank transfers.
  • 5% bonus for all other reload methods, except NETeller (no bonus).
  • 5x rollover applies and funds must remain in account for 30 days.
  • Maximum of $250 bonus per month and only one bonus per household.
  • Rebate Losses : None
    Referral Bonus : 5% referral bonus
    Promotions :
    • Free weekly random drawing for $10 to $200
    Loyalty Program : None
    Overnight Lines : 24/7
    Collar Limits : None
    Ten Cent Base : None
    WagerStreet Pros & Cons
    Pros :
    • Great handicapping resources
    • Good wagering software
    Cons :
    • Website security standards unknown
    WagerStreet Professional Review
    The Company : WagerStreet's parent company is WS Processing Ltd Europe and is located at 7 Leonard Street, London, UK. WagerStreet is located in Kahnawake Mohawk Territory, in Quebec, Canada.
    Site Navigation : Easy
    Site Response Speed : Fast
    Services Offered :
    • Sportsbook
    • Racebook
    • Casino
    User Experience : Positive

    WagerStreet Professional Review

    By David Lee

    Sportsbook First Impression

    The registration process is simple enough and the deposit process is just as easy. However, if you make a deposit by credit card, you better have all of the following if you intend to make a withdrawal.

    • Credit card agreement form. You must print, sign and fax this form to them (you will need to do this once for every credit card that you have used).
    • Photocopy (front and back) of each credit card used to make a deposit.
    • Photocopy (front and back) of your driver's license.
    • Photocopy of your Credit Card Billing Statement showing your name, address and credit card number.

    I would advise you to do all this as soon as you make a deposit to avoid any delays in processing your withdrawal, because there is nothing worse than wanting and needing your money then having to jump through hoops to get it. All these hoops are actually for your protection against fraud, so be glad that WagerStreet actually cares. That's a good thing!

    Wagering

    WagerStreet's proprietary betting software actually lets you place bets of various amounts from one screen. The software can actually be as simple or complex as you want it to be. You can place a simple straight wager for $10 or you can place wagers specifying whether you want to win a certain amount per bet or risk a certain amount per bet. All of these wagers can be in different amounts.

    You will definitely have to read the help guide in order to make use of the complexities of the software in its entirety, but it works like other online sportsbook software otherwise. Pick the bet and put in the amount of the wager. Simple, or not, it's your choice. I suspect that once you get used to the multiple wagers on one page, etc. you will never want to go back to the one wager at a time routine, especially those handicappers who place many wagers on any given day.

    WagerStreet has cross-sport teaser and parlay options. Cross-sport wagers are nice, because you aren't forced to parlay a game in the same sport that may not be as enticing of a bet as a game in another sport.

    WagerStreet also allows you to place a wager pending the outcome of a previous bet. This helps when you don't have any money in your account, but you are waiting for the previous bet to conclude. Place the bet that you like for the later timeframe and if you push or win the earlier bet, the wager that you placed for the later timeframe will then be initiated as a valid wager.

    Online Sportbook Research

    In my online research, I found that WagerStreet received a rating of a B for deposit security, which puts them in the top 10% as far as financial security of customer money is concerned. A rating of a "B" signifies that WagerStreet is "Excellent, no risk to players' funds. Top 10% of all books" as rated on another popular sportsbook review site.

    Promotions and Contests

    WagerStreet offers a 20% initial deposit bonus for Direct Bank Deposits and 15% for all other initial deposit types. WagerStreet's reload bonus is 10% and WagerStreet also has random drawings throughout the week giving away anywhere from $10 to $200 in free cash.

    Handicapping Tools

    The Lounge area at WagerStreet has extensive handicapping tools for bettors. The Lounge areas include stats, scores, matchups and more from the NFL, NCAA, MLB, NBA, NHL, WNBA, CFL, AFL and NASCAR.

    Handicappers have access to:

    • Matchups
    • Previews
    • Database
    • ATS Standings
    • Recaps
    • Injuries
    • Scores
    • Offense
    • Defense
    • Hot & Not
    • Schedule
    • Transactions

    Most handicappers will not need information other than what is already provided in the Lounge area at WagerStreet in order to handicap their wagers.

    Bottom Line

    Considering all the potential options that gives you in your handicapping and wagering, in addition to being rated in the top 10% as far as the financial security of your money, this is definitely a sportbook you will want to check out.

    WagerStreet web site
    Click here to read about WagerStreet in my WagerStreet blog.