Online sportsbook 5Dimes named in multiple local news reports

[Smoke]

Not a spokesperson for 5D....

But... I really don't think there's anything to worry about. Business as usual.

Until more "accurate" data surfaces.

OK that's fine until you go to login to your 5d account one day and see this...

[milwaukee mike]

why would you see that on a .eu

united states law enforcement can't seize foreign websites

[theviking]

OK that's fine until you go to login to your 5d account one day and see this...

Why do you think a lot of bookmakers who "operate" in US, changed their webaddress to .ag .eu and so on, and pinnacsports who doesnt take US customers ,keept their .com address was it because of the orbit of pluto is only 248 years, or could it be something else

[djefferis]

Another year, another attempt to quash "illegal" gambling..

150g is a slow half hours payouts at 5d - and enough to raise flags at a service the size of Amazon webpay. You try these little under the radar places and you get caught by the web traffic cop - you just move on to the next site and keep pushin.

As to the social security taxes, what's CR gonna do - raid their offices, seize assets and take no prisoner....or just say please sir, can you give us some money, we promise to protect you from the Trump administration in 8 months and well toss in a gift basket.

As to SBR, it's called spin control. Might as well get in front of the story. Funny - change the name of the book involved to something less widely trusted and you might see "Sportsbook owner under massive government fraud investigation by revenue service" or "Sportsbook claiming processor issues - bettors advised to proceed cautiously". I will give SBR credit - they factually reported and didn't hide anything here on this non story. Kudos on remaining open.

Seriously kids, it's a non story - 5D has weathered stronger storms than this April shower - if Tony's backers were scared, we would have seen bigger signs. It's the start of the slow season and someone always comes out crying the sky is falling.

[3runhomer]

Another year, another attempt to quash "illegal" gambling..

150g is a slow half hours payouts at 5d - and enough to raise flags at a service the size of Amazon webpay. You try these little under the radar places and you get caught by the web traffic cop - you just move on to the next site and keep pushin.

As to the social security taxes, what's CR gonna do - raid their offices, seize assets and take no prisoner....or just say please sir, can you give us some money, we promise to protect you from the Trump administration in 8 months and well toss in a gift basket.

As to SBR, it's called spin control. Might as well get in front of the story. Funny - change the name of the book involved to something less widely trusted and you might see "Sportsbook owner under massive government fraud investigation by revenue service" or "Sportsbook claiming processor issues - bettors advised to proceed cautiously". I will give SBR credit - they factually reported and didn't hide anything here on this non story. Kudos on remaining open.

Seriously kids, it's a non story - 5D has weathered stronger storms than this April shower - if Tony's backers were scared, we would have seen bigger signs. It's the start of the slow season and someone always comes out crying the sky is falling.

This is the most sane, sensible thing I have read on the forums in awhile!

[milwaukee mike]

i get the point, but it's not really a "non-story" when at least one of their best payout/deposit options got taken away

[theviking]

Another year, another attempt to quash "illegal" gambling..

150g is a slow half hours payouts at 5d - and enough to raise flags at a service the size of Amazon webpay. You try these little under the radar places and you get caught by the web traffic cop - you just move on to the next site and keep pushin.

As to the social security taxes, what's CR gonna do - raid their offices, seize assets and take no prisoner....or just say please sir, can you give us some money, we promise to protect you from the Trump administration in 8 months and well toss in a gift basket.

As to SBR, it's called spin control. Might as well get in front of the story. Funny - change the name of the book involved to something less widely trusted and you might see "Sportsbook owner under massive government fraud investigation by revenue service" or "Sportsbook claiming processor issues - bettors advised to proceed cautiously". I will give SBR credit - they factually reported and didn't hide anything here on this non story. Kudos on remaining open.

Seriously kids, it's a non story - 5D has weathered stronger storms than this April shower - if Tony's backers were scared, we would have seen bigger signs. It's the start of the slow season and someone always comes out crying the sky is falling.

Soo agree with you D. its a Non story, news papers earns extra money, on beeing overdramatic

[Microphone]

I think Opti tried to answer this, but you would think 5 Dimes would reappear at this link below and up in the top right corner of this page sooner than later. They're an A+ book. Nowhere to be found.

http://www.sportsbookreview.com/best-sportsbooks/

[theviking]

I think Opti tried to answer this, but you would think 5 Dimes would reappear at this link below and up in the top right corner of this page sooner than later. They're an A+ book. Nowhere to be found.


http://www.sportsbookreview.com/best-sportsbooks/

Nowhere to be found.?
When i open that link, i can see 5dimes under heritage as a A+ , you cant?

[Plaza23]

I hope 5dimes stays in business. They made withdrawing as easy as possible for me. Last week I verified my account within a couple hours. Then I waited till Monday to request a free payout via **. Made the request money morning. By monday afternoon the money was out of my account. They had also tacked on a $25 payout fee, but I got on with customer service and had them correct the mistake. They credited $25 back to my account. By Tuesday afternoon I had a message in my account that the money was ready to be picked up with the reference number/person sending it/and where it was coming from Walked into my local grocery store, showed them my ID, signed for it - and now I have $330 cash in my pocket.

They turned around my request in 36 hours. Pretty good service IMO. Not sure how it can get any better. Hope they stay in business a long time.

[milwaukee mike]

I hope 5dimes stays in business. They made withdrawing as easy as possible for me. Last week I verified my account within a couple hours. Then I waited till Monday to request a free payout via **. Made the request money morning. By monday afternoon the money was out of my account. They had also tacked on a $25 payout fee, but I got on with customer service and had them correct the mistake. They credited $25 back to my account. By Tuesday afternoon I had a message in my account that the money was ready to be picked up with the reference number/person sending it/and where it was coming from Walked into my local grocery store, showed them my ID, signed for it - and now I have $330 cash in my pocket.

They turned around my request in 36 hours. Pretty good service IMO. Not sure how it can get any better. Hope they stay in business a long time.

how is doing a bunch of random stuff and making a trip to the store "as easy as possible"?

just use bitcoins

[Plaza23]

how is doing a bunch of random stuff and making a trip to the store "as easy as possible"?

just use bitcoins

Bitcoins fluctuate in value and you also have to convert Bitcoins to Cash if you want to spend the money. So I will never use that option.

[The Kraken]

too bad, Bitcoins are the answer to many of the common problems with getting your money from a book

[3runhomer]

Another quick and smooth payout from 5D.

Had a very helpful live chat...talked through some options and then went with the best one for me...quick and easy! Thanks 5D!

[theviking]

Bitcoins fluctuate in value and you also have to convert Bitcoins to Cash if you want to spend the money. So I will never use that option.

If you convert your bitcoins to cash asap it will fluctate very little, i normaly keep it in bitcoin less than 30 min before its back to dollar.
Converting it is very easy at localbitcoin.com find a trader with 100+ tranactions and 100% succressrate.

[3runhomer]

If you convert your bitcoins to cash asap it will fluctate very little, i normaly keep it in bitcoin less than 30 min before its back to dollar.
Converting it is very easy at localbitcoin.com find a trader with 100+ tranactions and 100% succressrate.

Exactly what I do...has been a smooth process, and a very welcome option now is the offshore space.

[milwaukee mike]

Bitcoins fluctuate in value and you also have to convert Bitcoins to Cash if you want to spend the money. So I will never use that option.

that's really not the case... if i withdraw 300 to circle i get either 298 or 302, and it stays in us dollars

there's 0 risk because it converts immediately

[3runhomer]

that's really not the case... if i withdraw 300 to circle i get either 298 or 302, and it stays in us dollars

there's 0 risk because it converts immediately

Exactly. I stayed away from Bitcoin for awhile because of all this fluctuation talk...but now, after I'm using Bitcoin for various things...I will say the fluctuation issue is WAY overdone. It's not been anything like I was imaging...and just as often, things can work in your favor.

[Russian Rocket]

the biggest fear with using BTCs is not the price fluctuation, but a simple thing like mistyping the receiving address

unlike with paper checks, there will be no going back once you hit that Send button


getting your wallet/acct hacked is also a quite a big concern

[Plaza23]

that's really not the case... if i withdraw 300 to circle i get either 298 or 302, and it stays in us dollars

there's 0 risk because it converts immediately

After depositing the bitcoins into your ewallet you still at some point need to go to an exchange and sell the bitcoins for cash. Depending on how long that takes you, the value of your bitcoins could fluctuate. Also there is almost always a fee to convert the bitcoins to cash.

I suppose if you never intend to convert the bitcoins to cash and instead keep using Bitcoin currency to buy things online, then depositing and withdrawing via bitcoins would make sense.

But if you need cash, I think it's less of a hassle to simply withdraw in cash than withdraw in bitcoins and then do a conversion at an exchange.

[SharpAngles]

I hope 5dimes stays in business. They made withdrawing as easy as possible for me. Last week I verified my account within a couple hours. Then I waited till Monday to request a free payout via **. Made the request money morning. By monday afternoon the money was out of my account. They had also tacked on a $25 payout fee, but I got on with customer service and had them correct the mistake. They credited $25 back to my account. By Tuesday afternoon I had a message in my account that the money was ready to be picked up with the reference number/person sending it/and where it was coming from Walked into my local grocery store, showed them my ID, signed for it - and now I have $330 cash in my pocket.

They turned around my request in 36 hours. Pretty good service IMO. Not sure how it can get any better. Hope they stay in business a long time.

lol this easy as possible? Sound like a massive pita to me.

[Wohlford]

5Dimes processed a four-figure payout for me via bitcoin. It was their fastest ever (to me): request to wallet in less than 8 hours. In prior months, this has usually taken over 24 hours, but never more than 72 hours.

[Smoke]

All their epay options are gone. Every last one of them except for btc.

[3runhomer]

All their epay options are gone. Every last one of them except for btc.

And whats your point? They are paying out quickly with Bitcoin...

I have talked with multiple friends who have taken max checks over the last few weeks...

The payout landscape is fluid and changes as processors are replaced and new ones are found...that's just part of the business.

[habitualwinning]

too bad, Bitcoins are the answer to many of the common problems with getting your money from a book

What are the problems you speak of? I'm only asking cause I've never had any issues getting money in or out of books. I was unaware this was a problem for people, assuming of course that they didn't use a book with a low grade <A that folded or something.

[milwaukee mike]

After depositing the bitcoins into your ewallet you still at some point need to go to an exchange and sell the bitcoins for cash. Depending on how long that takes you, the value of your bitcoins could fluctuate. Also there is almost always a fee to convert the bitcoins to cash.

I suppose if you never intend to convert the bitcoins to cash and instead keep using Bitcoin currency to buy things online, then depositing and withdrawing via bitcoins would make sense.

But if you need cash, I think it's less of a hassle to simply withdraw in cash than withdraw in bitcoins and then do a conversion at an exchange.

that is just not true

if you use circle or coinbase it just converts automatically to us dollars (if you have that in your settings). when i withdraw bitcoins it shows up as us dollars. no need for exchange, and no wallet/account to get hacked, it's as easy as doing a paypal transaction.

and mistyping the receiving address is silly, it's a copy and paste, no typing necessary. and if it doesn't match up then the transaction doesn't go through, it's not as if it just goes to some other random account.

[3runhomer]

I think many if not most, non-Bitcoin users are just unsure and hesitant about the process...I was before I jumped in, but now I will only sing the praises of bitcoin, especially in this arena!

I hope this deal 5D is going through right now, only opens their eyes up even more to Bitcoin...it is the future boys.

[Russian Rocket]

and mistyping the receiving address is silly, it's a copy and paste, no typing necessary. and if it doesn't match up then the transaction doesn't go through, it's not as if it just goes to some other random account.

It is very easy to lose a character why you're copying the address and then manually replace it with the incorrect one...it is also easy to send your BTC to the wrong address.

All receiving pubkey hashes are valid, it's just 20 bytes of data, it's very easy to send to ones that nobody knows the private key for.

The checksum is just a user-friendly feature performed by your wallet (Whether it's in working condition or not - you don't know), it has nothing to do with the network or having a valid transaction.

eg, your address decoded is
00 692f5a82e43bb9ea08915b9d4bfa2110e0ea5aa6 172e36c6
00 is the address version
692f5a82e43bb9ea08915b9d4bfa2110e0ea5aa6 is the public key hash
172e36c6 is the checksum.
The network only cares about the public key hash and it can be anything, which is how some people in the past have timestamped data.

Addresses don't actually appear in transactions, so, if a wallet didn't validate the checksum and went ahead with the transaction anyway, you would end up paying to the wrong pubkey hash.

[3runhomer]

It is very easy to lose a character why you're copying the address and then manually replace it with the incorrect one...it is also easy to send your BTC to the wrong address.

All receiving pubkey hashes are valid, it's just 20 bytes of data, it's very easy to send to ones that nobody knows the private key for.

The checksum is just a user-friendly feature performed by your wallet (Whether it's in working condition or not - you don't know), it has nothing to do with the network or having a valid transaction.

eg, your address decoded is
00 692f5a82e43bb9ea08915b9d4bfa2110e0ea5aa6 172e36c6
00 is the address version
692f5a82e43bb9ea08915b9d4bfa2110e0ea5aa6 is the public key hash
172e36c6 is the checksum.
The network only cares about the public key hash and it can be anything, which is how some people in the past have timestamped data.

Addresses don't actually appear in transactions, so, if a wallet didn't validate the checksum and went ahead with the transaction anyway, you would end up paying to the wrong pubkey hash.

What he said...

[milwaukee mike]

yeah ok i would end up paying the wrong person when i deposit/withdraw at 5dimes

i wonder how many bitcoin transactions they have processed, and how many of them went through to the wrong account and didn't get fixed.

i'm guessing 0.000000%

[Russian Rocket]

yeah ok i would end up paying the wrong person when i deposit/withdraw at 5dimes

i wonder how many bitcoin transactions they have processed, and how many of them went through to the wrong account and didn't get fixed.

i'm guessing 0.000000%

Don't be naive

How do you fix a transaction that went to the wrong address?

The answer is you don't- you lose your money

Now whether it happened at 5Dimes or not, no one knows...the point is that it's possible and people did lose BTC/money in the past in this kind of fashion

[ThaWoj]

Does case matter of the characters in the address? Also are all addresses the same length? I'm assuming if I screw up or skip a character some luckbox is gonna get my $300?

[3runhomer]

It only takes a few seconds to double check on your end...

And that is the reason they send a confirmation email to you, to verify the address...

[Russian Rocket]

Does case matter of the characters in the address? Also are all addresses the same length? I'm assuming if I screw up or skip a character some luckbox is gonna get my $300?

https://en.bitcoin.it/wiki/Address

[milwaukee mike]

Don't be naive

How do you fix a transaction that went to the wrong address?

The answer is you don't- you lose your money

Now whether it happened at 5Dimes or not, no one knows...the point is that it's possible and people did lose BTC/money in the past in this kind of fashion

there is a verification process at 5d/circle... where they email you and make sure you are doing the transaction for that amount

odds of making it through that process to the wrong account are so small they aren't worth mentioning or scaring anyone