Prize distribution is a red tape mess.

Last post 06-21-2008 8:36 AM by biggie11. 65 replies.
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  • 02-21-2008 11:04 AM

    Prize distribution is a red tape mess.

    Prizes have been sent out late or not at all. It seems like 6 months is the normal wait average time from what players are indicating. I have made many atempt to find out the status of the prizes that were promised  The last 3 times that I wrote  to feed back I received email stating the prize deptment would get back to me tomorrow ,still waiting.5 and a half months since 1stbbbbb win.

  • 02-21-2008 11:35 AM In reply to

    Re: Prize distribution is a red tape mess.

    Jim~you really nailed this one...it is a ball of red tape....I think they need to put someone who knows what they are doing on the task of sorting things out because they are getting out of control with this situation they have going on....they are going to have a bad name for themselves if they don't clean up their act....
  • 02-22-2008 6:37 PM In reply to

    Re: Prize distribution is a red tape mess.

    I won a bull from Jim Cramer when cnbc was having their million dollar challenge and it was 7 months before i got it.
  • 02-23-2008 1:31 PM In reply to

    Re: Prize distribution is a red tape mess.

    I hope wss can beat that. I also won Cramers book ,got it in 2 months.

  • 02-23-2008 8:28 PM In reply to

    Re: Prize distribution is a red tape mess.

    Me too....!!!....i also think there is not the same membership here as there....

  • 02-25-2008 12:22 AM In reply to

    Re: Prize distribution is a red tape mess.

    Prizes actually exist on this site? I thought it was a gimmick. I've emailed WSS four times now, always recieved a reply that I would hear from the prize department 'tomorrow.' No contact to date.

    WSS game play and learning - thumbs up.

    WSS prizes and distribution - thumbs down.

  • 02-27-2008 12:31 PM In reply to

    Re: Prize distribution is a red tape mess.

    Come on WSS  lets get those prizes out quit lallygaging and become a leader in prize payouts.Maybe its a communication problem between department.  This has been going on way to long , now is the time to fix it. Please look into this mater as soon as possible , thank yoiu in advance.

  • 02-27-2008 5:14 PM In reply to

    Re: Prize distribution is a red tape mess.

    Well, thank you for your responses, and for some of our players who have been contacted directly, it is a bit shocking to see this on our forums.

    We apologize for the wait, although the prizes are not the main focus for his website, we do try and keep our players informed and their ID's secure. Confirmation is a big priority on both sides. Please answer the confirmation email so we can first make sure you are who you are, we get a lot of bad reproductions of ID's or ID's that are not even close to being valid. Then we have to re-confirm and wait for a reply. If we do not receive it in the mail then we have to go over the confirmation process and again, our finance department likes to see a proper form, and ID or we can not give out the award. Keeping this all in mind, again this is not just a game to give away money, we want to see the players become 'traders' and invest in their future. We apologize for the wait and your patience is appreciated.  

  • 03-01-2008 12:25 AM In reply to

    Re: Prize distribution is a red tape mess.

    I can't even imagine me winning anything here but if i do, thats great!  I'm having a lot of fun playing this game and it is a learning experience for me! 

  • 03-01-2008 12:25 AM In reply to

    Re: Prize distribution is a red tape mess.

    You guys have talked about another site or something.  Is there another game similiar to this one that is running now?  If so, what is it? 

  • 03-04-2008 1:18 AM In reply to

    Re: Prize distribution is a red tape mess.

    WSS Admin:

    Well, thank you for your responses, and for some of our players who have been contacted directly, it is a bit shocking to see this on our forums.

    We apologize for the wait, although the prizes are not the main focus for his website, we do try and keep our players informed and their ID's secure. Confirmation is a big priority on both sides. Please answer the confirmation email so we can first make sure you are who you are, we get a lot of bad reproductions of ID's or ID's that are not even close to being valid. Then we have to re-confirm and wait for a reply. If we do not receive it in the mail then we have to go over the confirmation process and again, our finance department likes to see a proper form, and ID or we can not give out the award. Keeping this all in mind, again this is not just a game to give away money, we want to see the players become 'traders' and invest in their future. We apologize for the wait and your patience is appreciated.  

    Thanks for your reply - It's nice to actually receive a reply and get some recognition on this subject. 

    Don't mistake my displeasure for the prize department as a reflection of my overall satisfaction with WSS. Understand, however, that offering a prize and then making someone wait four months for it is a little over the gray line. It sucks to get Christmas gifts and Birthday presents late. Offering me a hundred dollars for a random daily prize and then keeping me waiting is like looking at the dessert cooler at a restaurant and finding out they're not available yet.

    The prizes definitely aren't the focus of this website but if they are going to be offered they should be sent out in a timely fashion. Confirmation is very important to WSS to know that, in the words of Dennis Green, "they are who we thought they were,"  however, confirmation to the players is just as important and that is the part of the WSS Prize Distribution Breakdown that is so frustrating to the players. In fact, an email explaining the expected prize arrival date of xx/xx/xxxx would be considerate at the very least. If a player receives an email explaining the reasoning behind the red tape and an expected amount of time that is expected it would get rid of the prize frustration that so many players have. If you take a look at many threads you will find more posters that are unhappy than just the ones that have posted here.

    If everything stays the same you will find many players as unhappy as the donkey that keeps chasing the carrot in front of his face - we may keep walking but it still gets old.

    Incidentally, I have years of experience running businesses, promotions, etc. and have plenty of schooling and experience to backup my opinions. If you want some help understanding the other side of these discussions or need any help with anything at WSS I would be happy to volunteer my services. You know how to get a hold of me if you wish to continue the conversation off this forum.

    Thanks again for running a fantastic site with a great dedication to teaching us how to play the markets. Adding such things as Survivor University and working on new research tools really shows your passion for teaching. Your development of a realistic trading platform also shows how much it means to you that a trader learns how to trade and gains experience doing so here with their portfolio.

  • 03-04-2008 2:02 AM In reply to

    Re: Prize distribution is a red tape mess.

    WSS Admin:

    Well, thank you for your responses, and for some of our players who have been contacted directly, it is a bit shocking to see this on our forums.

    We apologize for the wait, although the prizes are not the main focus for his website, we do try and keep our players informed and their ID's secure. Confirmation is a big priority on both sides. Please answer the confirmation email so we can first make sure you are who you are, we get a lot of bad reproductions of ID's or ID's that are not even close to being valid. Then we have to re-confirm and wait for a reply. If we do not receive it in the mail then we have to go over the confirmation process and again, our finance department likes to see a proper form, and ID or we can not give out the award. Keeping this all in mind, again this is not just a game to give away money, we want to see the players become 'traders' and invest in their future. We apologize for the wait and your patience is appreciated.  

    This is just one of the smaller advertisings on the website for WSS---it is blazen across the top $50,000 Fantasy Stock Market Game....so how can you make a statement like "the prizes are not the main focus for this website"...it sure is what you use as a lure to get people to join...let's be honest....of course people are hopefully going to stay for other reasons but the $50,000 prize money that was a promise from the sign up...

    What Can I Win?

    The Wall Street Survivor $50,000 Fantasy Stock Market Game offers CASH Prizes to the best weekly, overall and risk-adjusted stock portfolios. Also, any Survivor who logs in and executes a trade is eligible to WIN the $100 daily prize.

    See Recent WinnersY\

     

  • 03-04-2008 9:37 AM In reply to

    Re: Prize distribution is a red tape mess.

    karand:

    WSS Admin:

    Well, thank you for your responses, and for some of our players who have been contacted directly, it is a bit shocking to see this on our forums.

    We apologize for the wait, although the prizes are not the main focus for his website, we do try and keep our players informed and their ID's secure. Confirmation is a big priority on both sides. Please answer the confirmation email so we can first make sure you are who you are, we get a lot of bad reproductions of ID's or ID's that are not even close to being valid. Then we have to re-confirm and wait for a reply. If we do not receive it in the mail then we have to go over the confirmation process and again, our finance department likes to see a proper form, and ID or we can not give out the award. Keeping this all in mind, again this is not just a game to give away money, we want to see the players become 'traders' and invest in their future. We apologize for the wait and your patience is appreciated.  

    This is just one of the smaller advertisings on the website for WSS---it is blazen across the top $50,000 Fantasy Stock Market Game....so how can you make a statement like "the prizes are not the main focus for this website"...it sure is what you use as a lure to get people to join...let's be honest....of course people are hopefully going to stay for other reasons but the $50,000 prize money that was a promise from the sign up...

    What Can I Win?

    The Wall Street Survivor $50,000 Fantasy Stock Market Game offers CASH Prizes to the best weekly, overall and risk-adjusted stock portfolios. Also, any Survivor who logs in and executes a trade is eligible to WIN the $100 daily prize.

    See Recent WinnersY\

     

     

     Thank you, karand - I meant to make this point as well.  Notice it's not the 'learning stock contest' it is the '50k stock contest with daily CASH prizes.' Good point - I agree.

  • 03-04-2008 10:08 AM In reply to

    Re: Prize distribution is a red tape mess.

    It's true that we have the $50 000 prize emblazoned on the front of the homepage. Once you have logged in, we have

    NEW! Survivor University:
    Stock Trading Tips and Articles for Newbies and Pros alike! So really it is a draw for those who want to win money but we do make it a point to show that you can learn as well. 

     

  • 03-04-2008 1:53 PM In reply to

    Re: Prize distribution is a red tape mess.

    WSS Admin:

    It's true that we have the $50 000 prize emblazoned on the front of the homepage. Once you have logged in, we have

    NEW! Survivor University:
    Stock Trading Tips and Articles for Newbies and Pros alike! So really it is a draw for those who want to win money but we do make it a point to show that you can learn as well. 

     

    I belong to ebates and you advertised on that site regarding the prize money...when you google Wall Street Survivor here is what comes up first:

    A Fantasy Stock Market Game for trading Stocks. Manage your own $100000 portfolio and learn how to trade stocks for free while competing for Cash prizes ...

    You have a great site here and no one is trying to take anything from that....we are also saying that if you are not going to pay the prizes don't offer them that's all...then we will decide if we want to play just to learn and for the fun of it....

    ~karand

     

     

     

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