5Dimes and withdrawing money

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  • Joey Blaze
    SBR Sharp
    • 10-01-13
    • 267

    #1
    5Dimes and withdrawing money
    So after having a legendary weekend im finally ready to withdraw some cash from 5dimes.. I call them this morning and they have about 86 different rules for getting your money out and on top of everything else they are essentially charging me 5% as "processor fees" is this standard with these online sportsbooks?

    Im pissed!
  • brodie
    SBR MVP
    • 11-25-13
    • 2212

    #2
    I didnt know they charged 5%, i thought most sites gave you YOUR money for free? Ill probably find a new site after i withdraw from 5dimes
    Comment
    • Joey Blaze
      SBR Sharp
      • 10-01-13
      • 267

      #3
      Originally posted by brodie
      I didnt know they charged 5%, i thought most sites gave you YOUR money for free? Ill probably find a new site after i withdraw from 5dimes
      they dont tell you they charge 5% but thats what the math ends up being..

      a $1500 withdrawl via ** is $75 granted about $20 is the actual fee charged by ** but still its crazy to me..

      add to that you have to get each withdrawl "approved" and the increments have to be less if you want to do more than 1 per week
      Comment
      • Marshall Tito
        SBR Sharp
        • 11-12-13
        • 323

        #4
        That's the first I've heard about them wanting 5% for "processing". Must be a new rule or something. How are you withdrawing? ** MO used to be free over 500 or 1000. It is of course logical for deposit to be a piece of cake but when the time comes to take some of that money back they make you jump through loops. It's the nature of the business...you're not supposed to withdraw and they will do their best to prevent you from doing so
        Comment
        • bostonboss
          SBR MVP
          • 02-04-09
          • 3169

          #5
          bitch bitch bitch.....you won..almost every high rated book has high fees.....just eat them and take your money. 75 dollars is worth paying otherwise you have to sweat out a check and it might bounce or be from some 3rd world country...pay the 75 and eliminate the headaches.
          Comment
          • Joey Blaze
            SBR Sharp
            • 10-01-13
            • 267

            #6
            Originally posted by bostonboss
            bitch bitch bitch.....you won..almost every high rated book has high fees.....just eat them and take your money. 75 dollars is worth paying otherwise you have to sweat out a check and it might bounce or be from some 3rd world country...pay the 75 and eliminate the headaches.

            Im not bitching its just the simple fact of all the hoops you have to hope through to get your money... and that is exactly what I did do pay the 75 to get MY MONEY but because of a limit of 3 transactions per week it is going to take at least 3 weeks to get all my money out that is really my only complaint
            Comment
            • bostonboss
              SBR MVP
              • 02-04-09
              • 3169

              #7
              unfortunately that's how it is for everyone in the US...it sucks been there many times, but be happy you won and focus on the positives.
              Comment
              • bettingstation
                SBR MVP
                • 03-25-13
                • 1084

                #8
                Originally posted by bostonboss
                unfortunately that's how it is for everyone in the US...it sucks been there many times, but be happy you won and focus on the positives.
                agree...
                Comment
                • krf384
                  SBR Rookie
                  • 02-25-11
                  • 28

                  #9
                  I thought 5Dimes allowed you to do 1 withdrawal (even a MO) per month for free although seemed restricted to Monday 9 am to 1 pm or something like that. Not sure if there was limits as far as minimums or maximums.

                  Did I misread that on their site? I thought this included US customers.

                  Although the problem here may be limits on the max withdrawal you can make and it only being free once every 30 days and for such a small time period.
                  Comment
                  • 5mike5
                    SBR Aristocracy
                    • 09-21-11
                    • 51850

                    #10
                    Originally posted by krf384
                    I thought 5Dimes allowed you to do 1 withdrawal (even a MO) per month for free although seemed restricted to Monday 9 am to 1 pm or something like that. Not sure if there was limits as far as minimums or maximums.

                    Did I misread that on their site? I thought this included US customers.

                    Although the problem here may be limits on the max withdrawal you can make and it only being free once every 30 days and for such a small time period.
                    they do offer it..its just $40 dollars off ur fees once a month if u have not requested another payout within that 30 day period...

                    it can be any day u choose, but u can only change it 1 time..

                    .mondays is just what its automatically set at, mine is on a different day..and all withdrawls are from 9am-1pm but its also 7 days a week u are able to get payouts..

                    there are also no limits on the max withdrawl to recieve your free payout either

                    its easy and if u deposit via p2p it takes about 2 minutes to complete payout process without a single rule much less 86 of them...stop using cards to deposit and its hassle free every single time
                    Last edited by 5mike5; 12-05-13, 07:40 PM.
                    Comment
                    • darkhat
                      SBR Hall of Famer
                      • 08-18-10
                      • 5722

                      #11
                      Originally posted by krf384
                      I thought 5Dimes allowed you to do 1 withdrawal (even a MO) per month for free although seemed restricted to Monday 9 am to 1 pm or something like that. Not sure if there was limits as far as minimums or maximums.

                      Did I misread that on their site? I thought this included US customers.

                      Although the problem here may be limits on the max withdrawal you can make and it only being free once every 30 days and for such a small time period.
                      5dimes doesn't do MOs, just checks

                      heritage does it though
                      Comment
                      • 5mike5
                        SBR Aristocracy
                        • 09-21-11
                        • 51850

                        #12
                        Originally posted by darkhat
                        5dimes doesn't do MOs, just checks

                        heritage does it though
                        5dimes does offer MO's, I've just never tried to use my free monthly payout via that method
                        Last edited by 5mike5; 12-05-13, 11:56 PM.
                        Comment
                        • Scooter
                          SBR MVP
                          • 01-15-07
                          • 1159

                          #13
                          Originally posted by 5mike5

                          there are also no limits on the max withdrawl to recieve your free payout either
                          I've always had limits for the amount I could get out on my free withdrawal.

                          I don't withdraw p2p, but those are always lower quoted limits than the way I do it.

                          But whatever method I use for the free withdrawal, there's always a limit.
                          Comment
                          • 5mike5
                            SBR Aristocracy
                            • 09-21-11
                            • 51850

                            #14
                            I mostly just use DC and p2p both max per transaction and had not ever had a problem getting $40 off when I've used it. Never tried the free payout when I used MO. But I dont use checks or wire so I should have stated that, maybe those do have limits to the amount u can request and still get a free payout?

                            Are those the methods You were referring to scooter?

                            thanks in advance I just wasn't aware of this. I usually don't wait 30 days anyways cause if rather get my $ out during nascar season and pay the fee, but I just can't ever remember being limited to a $ amount for the freebie payout ($-40)
                            Last edited by 5mike5; 12-06-13, 09:29 AM.
                            Comment
                            • darkhat
                              SBR Hall of Famer
                              • 08-18-10
                              • 5722

                              #15
                              Originally posted by 5mike5
                              5dimes does offer MO's, I've just never tried to use my free monthly payout via that method
                              Thought they only had canadian checks.....
                              Comment
                              • 5mike5
                                SBR Aristocracy
                                • 09-21-11
                                • 51850

                                #16
                                Originally posted by darkhat
                                Thought they only had canadian checks.....
                                No I've done MO in the past. If u go to their main page and looking under funding methods u will see it there. Unless they changed it by chance. i used it last year to deposit to start up my racing season. I think u have to deposit via MO to be able to use that method to withdrawal though. So I would ask an agent to double check darker.

                                Let et me know if something ad changed but I looked last night and it's still an option on their funding methods page. Use to be up to 9k If I remember correctly
                                Comment
                                • 5mike5
                                  SBR Aristocracy
                                  • 09-21-11
                                  • 51850

                                  #17
                                  I also saw a poster this week say the check he received was from a US bank. Now I had ne'er heard of that before but then again I don't use checks as a payout method either so I'm not sure about that. I would need to hear that from more than just 1 poster or at least one with some credibility.

                                  sounds awful risky for a processor to be using US banks but like I said I have no idea if that was true but from what I've always read it sure is not the norm, like u said Canadian banks are
                                  Comment
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