5dimes done with US market Sept 25th *Merged Threads*

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  • pologq
    SBR Posting Legend
    • 10-07-12
    • 19899

    #631
    Originally posted by redclaw32
    I’m a 5dimes customer from central NY, now with this news I’ll have to make a switch.

    What is wrong with the casinos in the state, or New Jersey? I only bet MMA and wouldn’t like too many wager limits. Is there something I’m supposed to be waiting on that will make things better than the books at the casinos and NJ?
    you might pay more juice betting in NJ at the online sportsbooks.

    are you near the upstate NY casinos offering sports gambling?

    i am downstate in Queens so I would need mobile betting to gamble.
    Comment
    • redclaw32
      SBR Rookie
      • 09-08-20
      • 17

      #632
      Originally posted by pologq
      you might pay more juice betting in NJ at the online sportsbooks.

      are you near the upstate NY casinos offering sports gambling?

      i am downstate in Queens so I would need mobile betting to gamble.
      Yes, I am near Turning Stone/Point Place, I also heard there’s draftkings and fanduel at other casinos here like del Lago.

      Isn’t Jersey relatively close to you if you wanted to place a significant bet?

      I am just wondering if these small casinos place such limits that no significant action is taken, just small stuff, or if it’s a good thing there’s so many casinos in the state.
      Comment
      • ThaWoj
        SBR Hall of Famer
        • 03-09-10
        • 6741

        #633
        Not my ticket..350 to win 348k, vegas knights (last leg?), can't see what the first leg is/was..is this really going to be cancelled??


        Comment
        • Defying
          SBR Hustler
          • 05-30-13
          • 97

          #634
          Isn't it f*cked that 5dimes is still posting future bets when you can only lose or cancel?
          NBA Futures are up as of 11am ET
          Comment
          • nbpayton
            SBR Hustler
            • 08-23-12
            • 92

            #635
            Originally posted by ThaWoj
            So I can still transfer to heritage or can't do that either? What about nitrogen? Any minimum?
            Can't do that Heritage wont accept
            Comment
            • Fred The Hammer
              SBR Posting Legend
              • 08-13-13
              • 11567

              #636
              5D has sucked for many years. No bonuses. Take your $ in seconds, but you need a pile of documentation to get a withdrawal. Example....I had utility bills and everything, but they wouldn't let me withdrawal because the address was different then my drivers license. THATS BECAUSE I MOVED YOU FKN 3RD WORLD CHEATS. They suck. As far as I'm concerned 1 down and the rest to go


              I hope the rest of the country gets sportbetting legalized! Its awesome! So many different books to try in Indiana and one/two always have reload specials. Oddsboosts,etc. FD and DK, but my fav so far is BetMGM! Pointsbet isn't bad either. Only one I'm down on this year is Betonline
              Last edited by Fred The Hammer; 09-09-20, 10:05 AM.
              Comment
              • littlekona
                SBR Hall of Famer
                • 11-19-15
                • 5241

                #637
                Originally posted by nbpayton
                Can't do that Heritage wont accept
                Heritage not allowing transfers after what 1 day says alot they don't trust 5Dimes it seems.
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 60690

                  #638
                  Originally posted by ThaWoj
                  Not my ticket..350 to win 348k, vegas knights (last leg?), can't see what the first leg is/was..is this really going to be cancelled??


                  https://twitter.com/ChitownChris89/s...342981121?s=09

                  To be fair they are telling him he has the choice to make himself.

                  He can cancel the bet now.

                  Or he can let it play out and once the market is settled ask the administrator for his winnings.

                  They are not forcing one or the other.


                  They are refusing to void the market is the basic message.


                  .
                  Comment
                  • SBR Forum
                    Administrator
                    • 12-02-06
                    • 4559

                    #639
                    Originally posted by HedgeHog

                    Can you also ask 5D why we can't transfer funds (and wagers) to sister Betanysports as was initially allowed? This would be the best fix for nearly all involved. Thank you in advance.
                    Hi HedgeHog,

                    BetAnySports uses the same software, but has independent ownership and is not a "sister" as you're taking it to mean. Remember BetAnySports migrated from another book's platform 12 years ago and mostly focused on Asia. At that time we understood they'd have their backing, but that's not the case. We've spoken to BAS ownership on its plans and will have more coverage on them soon.

                    As for 5Dimes, they are pulling out of the US market and will only facilitate withdrawals. The alternative was to put everyone into a claims administrator where payment could take who knows how long, which surely isn't preferred. They intend to pursue the US market in the future, as their statement alluded to. That is why it needs to be a full, and unfortunately abrupt withdrawal. It's important that you take your funds out prior to that 9/25 deadline.

                    Originally posted by flyingillini
                    I think a lot of people are overreacting. I would be very surprised if anyone got stiffed. I would bet everyone is getting their money.
                    We've been assured everyone will be paid in full. 5Dimes has always honored their obligations to players so no reason to think that will change now especially as the US is a market they want to re-enter. And remember they are still open in other jurisdictions where they are able to be. Let us know if any issues. You should not have unusual delays.
                    Originally posted by Regul8er
                    5dimes is freerolling us in NbA futures market. They said if bet loses between now and september 21st, it stays a loss. If its not settled by september 21st, its a refund. So they are 100% freerolling us. Am i understanding this right?? Im furious
                    We see your point and will address this with management.
                    Comment
                    • Microphone
                      SBR MVP
                      • 01-08-08
                      • 2950

                      #640
                      Originally posted by SBR Forum
                      Hi HedgeHog,

                      BetAnySports uses the same software, but has independent ownership and is not a "sister" as you're taking it to mean. Remember BetAnySports migrated from another book's platform 12 years ago and mostly focused on Asia. At that time we understood they'd have their backing, but that's not the case. We've spoken to BAS ownership on its plans and will have more coverage on them soon.

                      As for 5Dimes, they are pulling out of the US market and will only facilitate withdrawals. The alternative was to put everyone into a claims administrator where payment could take who knows how long, which surely isn't preferred. They intend to pursue the US market in the future, as their statement alluded to. That is why it needs to be a full, and unfortunately abrupt withdrawal. It's important that you take your funds out prior to that 9/25 deadline.



                      We've been assured everyone will be paid in full. 5Dimes has always honored their obligations to players so no reason to think that will change now especially as the US is a market they want to re-enter. And remember they are still open in other jurisdictions where they are able to be. Let us know if any issues. You should not have unusual delays.

                      We see your point and will address this with management.


                      Thank you for the update.
                      Comment
                      • RedApples
                        SBR Wise Guy
                        • 10-02-18
                        • 721

                        #641
                        Originally posted by Regul8er
                        I have Raptors and Clippers. I cant win before September 21st, can only lose. I want my money back now for both
                        Well they are just stealing if thats the case. They would need to refund all NBA futures losses that they've already graded and took the money from. Its criminal.
                        Comment
                        • HedgeHog
                          SBR Posting Legend
                          • 09-11-07
                          • 10128

                          #642
                          In hindsight this shouldn't be that big of a surprise. For years they have been skimming on all BTC deposits. So why not free roll their loyal customers on the way out and gouge them on fees as well (assuming they pay)? Great business model. During the July 4th weekend they announced the 3% fee to Non BTC exclusive clients, the ones that dare not participate in their BTC skimming operation. That was the signal to get out and I missed it. What Book, let alone an A+ rated one, would have the gall to charge for BTC withdrawals that are free everywhere else? And now Labor Day weekend they let the axe fall to all of us. 5 Dimes demands loyalty from its clients but doesn't extend the same to them. Bad from a business standpoint, but seems to work in politics.

                          5 Dimes: "Making offshore betting great again"--for them. I like The Greek's motto better: "Sweat the game, not the payout". Damn I miss them.
                          Comment
                          • Regul8er
                            SBR Posting Legend
                            • 11-06-07
                            • 10666

                            #643
                            Originally posted by RedApples
                            Well they are just stealing if thats the case. They would need to refund all NBA futures losses that they've already graded and took the money from. Its criminal.
                            Im not making this up. Ive spoken to 3 different people online, and Ive gotten the same answer each time. Its absolutely criminal, but it doesnt look like anything can be done. Im done with offshore
                            Comment
                            • 70'sMan
                              SBR Wise Guy
                              • 02-12-12
                              • 744

                              #644
                              Is 5D doing anything to speed the withdrawal process? Their normal procedure is slow and cumbersome. I hope they find a way to speed it up or they are going to get bogged down.
                              Comment
                              • Sam Odom
                                SBR Aristocracy
                                • 10-30-05
                                • 58063

                                #645
                                Originally posted by Regul8er




                                Im done with offshore

                                Sad


                                Sammy has 55% in Bookmaker

                                35% @ Heritage

                                another 10% in and out of Nitro
                                Comment
                                • soobv
                                  SBR Hustler
                                  • 05-31-16
                                  • 69

                                  #646
                                  I am going on close to 2 days now without requested futures being cancelled. Political props and nfl futures with 1 nba finals....I'm not even able to withdrawl my balance and it's going to be a lot of money. Has anyone had wagers refunded since Sunday night?
                                  Comment
                                  • HedgeHog
                                    SBR Posting Legend
                                    • 09-11-07
                                    • 10128

                                    #647
                                    Originally posted by soobv
                                    I am going on close to 2 days now without requested futures being cancelled. Political props and nfl futures with 1 nba finals....I'm not even able to withdrawl my balance and it's going to be a lot of money. Has anyone had wagers refunded since Sunday night?
                                    Better still, has anyone received a payout since Monday? Transfers to BAS don't count--have any BTC exclusive clients received payment yet?
                                    Comment
                                    • Ian
                                      SBR Hall of Famer
                                      • 11-09-09
                                      • 6020

                                      #648
                                      Has anyone had any of the following:

                                      Futures Cancelled.

                                      Account or balance successfully transferred to another book.

                                      Received a withdrawal.
                                      Comment
                                      • johnnyvegas13
                                        BARRELED IN @ SBR!
                                        • 05-21-15
                                        • 27781

                                        #649
                                        Originally posted by soobv
                                        I am going on close to 2 days now without requested futures being cancelled. Political props and nfl futures with 1 nba finals....I'm not even able to withdrawl my balance and it's going to be a lot of money. Has anyone had wagers refunded since Sunday night?
                                        bro as far as I know nobody has had futures refunded

                                        one guy said he did but mighta been trolling
                                        Comment
                                        • Hap
                                          SBR High Roller
                                          • 10-20-07
                                          • 209

                                          #650
                                          Same for me: (1) no wagers refunded yet; first requested yesterday morning. (2) due to the limits on checks and wires of 1 per week ($3000 and $9500), its gonna be impossible to withdraw my funds by Sep 25 unless I learn how to do Bitcoin. I guess I have to do that, but if 5Dimes wants us to withdraw our funds by Sep 25, why isn't it possible to simply get a wire for a larger amount, or more than 1 wire per week?
                                          Comment
                                          • HedgeHog
                                            SBR Posting Legend
                                            • 09-11-07
                                            • 10128

                                            #651
                                            Originally posted by Ian
                                            Has anyone had any of the following:

                                            Futures Cancelled.

                                            Account or balance successfully transferred to another book.

                                            Received a withdrawal.
                                            Some had their funds and bets transferred to sister book Betanysports on Monday. I wouldn't count that as "payment". If 5D stiffs, BAS will likely follow suit.
                                            Comment
                                            • Ian
                                              SBR Hall of Famer
                                              • 11-09-09
                                              • 6020

                                              #652
                                              Originally posted by HedgeHog
                                              Some had their funds and bets transferred to sister book Betanysports on Monday. I wouldn't count that as "payment". If 5D stiffs, BAS will likely follow suit.
                                              Can any posters confirm they had their account transferred?

                                              I remember one poster saying that he tried to transfer his account and then they didn't allow it to go through.
                                              Comment
                                              • johnnyvegas13
                                                BARRELED IN @ SBR!
                                                • 05-21-15
                                                • 27781

                                                #653
                                                Originally posted by HedgeHog
                                                Some had their funds and bets transferred to sister book Betanysports on Monday. I wouldn't count that as "payment". If 5D stiffs, BAS will likely follow suit.
                                                I believe this is true

                                                a few people got the transfer before they cut it off

                                                rest of us our sitting here getting free rolled
                                                Comment
                                                • Microphone
                                                  SBR MVP
                                                  • 01-08-08
                                                  • 2950

                                                  #654
                                                  Originally posted by HedgeHog
                                                  Better still, has anyone received a payout since Monday? Transfers to BAS don't count--have any BTC exclusive clients received payment yet?

                                                  I requested one Monday night and after emailing info@5dimes.eu about the large sum I needed to withdraw they gave me instructions on how to do it to their liking. The first one (Monday night) is still UNDER REVIEW and rest are "requested." Once we get over the first one I'm hopeful the others fall into place quickly. It was 48 hours during normal time so I'm not expecting anything until tomorrow morning.

                                                  How are they going to have the staff to make the security call etc? Or is it just going to be bypassed?

                                                  I am BTC Exclusive FTR.
                                                  Comment
                                                  • 70'sMan
                                                    SBR Wise Guy
                                                    • 02-12-12
                                                    • 744

                                                    #655
                                                    I put a withdrawal request in about 5 hours after the announcement. It has not processed yet.
                                                    Comment
                                                    • johnnyvegas13
                                                      BARRELED IN @ SBR!
                                                      • 05-21-15
                                                      • 27781

                                                      #656
                                                      Originally posted by 70'sMan
                                                      I put a withdrawal request in about 5 hours after the announcement. It has not processed yet.
                                                      B glad u got that far

                                                      us guys w futures can’t even put a request in
                                                      Comment
                                                      • HedgeHog
                                                        SBR Posting Legend
                                                        • 09-11-07
                                                        • 10128

                                                        #657
                                                        Originally posted by SBR Forum
                                                        Hi HedgeHog,

                                                        BetAnySports uses the same software, but has independent ownership and is not a "sister" as you're taking it to mean. Remember BetAnySports migrated from another book's platform 12 years ago and mostly focused on Asia. At that time we understood they'd have their backing, but that's not the case. We've spoken to BAS ownership on its plans and will have more coverage on them soon.

                                                        As for 5Dimes, they are pulling out of the US market and will only facilitate withdrawals. The alternative was to put everyone into a claims administrator where payment could take who knows how long, which surely isn't preferred. They intend to pursue the US market in the future, as their statement alluded to. That is why it needs to be a full, and unfortunately abrupt withdrawal. It's important that you take your funds out prior to that 9/25 deadline.



                                                        We've been assured everyone will be paid in full. 5Dimes has always honored their obligations to players so no reason to think that will change now especially as the US is a market they want to re-enter. And remember they are still open in other jurisdictions where they are able to be. Let us know if any issues. You should not have unusual delays.

                                                        We see your point and will address this with management.
                                                        So why did 5D originally transfer funds to BAS on Monday and then abruptly stop the very next day???? How about some friggin consistency in their exit strategy? Can you ask them that? This is complete Bullshiit. BTW, saying 5D and BAS are not related is like saying Betonline and Low Vig are unrelated.
                                                        Comment
                                                        • PuffDaddy
                                                          SBR High Roller
                                                          • 08-27-19
                                                          • 114

                                                          #658
                                                          im BTC exclusive(no open bets or futures) and going on 41 hrs for withdrawal.....nothing yet(no email or call)
                                                          Comment
                                                          • gobucks
                                                            SBR MVP
                                                            • 01-15-09
                                                            • 1287

                                                            #659
                                                            Originally posted by johnnyvegas13
                                                            B glad u got that far

                                                            us guys w futures can’t even put a request in
                                                            Johnny- I have a few hundred dollars of futures, but I put in a request for my current balance. I will deal with the futures with a 2nd payout request.
                                                            Comment
                                                            • Microphone
                                                              SBR MVP
                                                              • 01-08-08
                                                              • 2950

                                                              #660
                                                              Originally posted by PuffDaddy
                                                              im BTC exclusive(no open bets or futures) and going on 41 hrs for withdrawal.....nothing yet(no email or call)
                                                              As I said above, not having the quickest BTC payout method anyway, how are they going to have time to make that call???
                                                              Comment
                                                              • Defying
                                                                SBR Hustler
                                                                • 05-30-13
                                                                • 97

                                                                #661
                                                                for those asking about payouts. 5dimes is the hardest book i use to extract funds from... Heres my tips for BTC

                                                                1. Save the BTC Address you use to request, and the exact amount you requested
                                                                2. they require phone call verification. After you submit it, call in and say you want todo the phone verification. Otherwise you may miss the call from them and have to start over
                                                                3. Wait on email, takes 2-3 days usually, you have to reply with btc code and amount and your account number and pin. if you don't include all those they will simply CANCEL the payout

                                                                This was before they announced they were moving out of US and it was a pain. Hopefully, they make it easier, but be sure to do those steps so you don't have to restart
                                                                Comment
                                                                • soobv
                                                                  SBR Hustler
                                                                  • 05-31-16
                                                                  • 69

                                                                  #662
                                                                  Originally posted by HedgeHog
                                                                  So why did 5D originally transfer funds to BAS on Monday and then abruptly stop the very next day???? How about some friggin consistency in their exit strategy? Can you ask them that? This is complete Bullshiit. BTW, saying 5D and BAS are not related is like saying Betonline and Low Vig are unrelated.
                                                                  I think the assumption was that the only people who would transfer to BAS were people with "equity" in their futures. From their perspective BAS wouldn't want to take on only accounts that they were a lock to lose money on. This is just my guess but I know I wouldn't want to take in only accounts that requested it. Also, it's possible the optics are bad to have accounts from 5d transfered to a site that looks like 5d for the regulators if what they are saying is true. I'm not surprised by the decision to stop allowing it. It needed to be all or nothing on accounts being transfered and it doesn't look like "exiting the market" if you just transfer everyone to a "sister" site.
                                                                  Comment
                                                                  • hank_kingsley
                                                                    SBR High Roller
                                                                    • 07-08-20
                                                                    • 116

                                                                    #663
                                                                    Originally posted by Ian
                                                                    Can any posters confirm they had their account transferred?

                                                                    I remember one poster saying that he tried to transfer his account and then they didn't allow it to go through.
                                                                    I had mine transferred. All futures transferred and a small balance transferred on Sunday evening.
                                                                    Comment
                                                                    • BustinNutz
                                                                      SBR Sharp
                                                                      • 08-28-13
                                                                      • 452

                                                                      #664
                                                                      Originally posted by Brock Landers
                                                                      excellent question
                                                                      I know I have a wager for 2500 future bet that your 3rd Chapter 7 will happen in 2021! I’m gonna get stiffed now!
                                                                      Comment
                                                                      • pologq
                                                                        SBR Posting Legend
                                                                        • 10-07-12
                                                                        • 19899

                                                                        #665
                                                                        Originally posted by redclaw32
                                                                        Yes, I am near Turning Stone/Point Place, I also heard there’s draftkings and fanduel at other casinos here like del Lago.

                                                                        Isn’t Jersey relatively close to you if you wanted to place a significant bet?

                                                                        I am just wondering if these small casinos place such limits that no significant action is taken, just small stuff, or if it’s a good thing there’s so many casinos in the state.
                                                                        i could drive and place a bet on theNJ side of the Staten Island border and use an app on my phone. Friends of mine have done that. I avoid out of laziness really. AC is about 2.5 hours away from me. I try to avoid there unless I am $$$ prepared to gamble in the casino too.
                                                                        Comment
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