5Dimes Sportsbook to add Bitcoin as payment option

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

    #1
    5Dimes Sportsbook to add Bitcoin as payment option
    5Dimes Sportsbook to add Bitcoin as payment option

    5Dimes Sportsbook (SBR rating A+) plans to add bitcoin as a payment option. Bitcoin deposits will be converted to USD and credited to player accounts. The average of the current Bid and Ask prices from www.bitstamp.net will be the official source used for all currency conversions from BTC to USD. As of this publication one BTC is worth $623. There will be no fees for bitcoin deposits. Based on user demand, 5Dimes may add a feature down the line allowing bitcoin depositors to wager in bitcoin. Management tells SBR that they have completed internal testing and are looking to establish a group of player volunteers. There are a limited number of slots available in the group testing stage; interested users should write to Epay@5dimes.eu expressing their desire to take part. | Continue reading
  • LT Profits
    SBR Aristocracy
    • 10-27-06
    • 90963

    #2
    Major move here. Maybe now other A and A+ books follow suit.
    Comment
    • killawookie
      SBR MVP
      • 12-25-09
      • 3457

      #3
      Whats next.. fukkin Dogecoin? lmao
      Comment
      • NunyaBidness
        SBR Hall of Famer
        • 07-26-09
        • 9345

        #4
        How about withdrawals?
        Comment
        • Darkside Magick
          SBR Posting Legend
          • 05-28-10
          • 12638

          #5
          About time!!!!
          Comment
          • SBR Forum
            Administrator
            • 12-02-06
            • 4559

            #6
            Originally posted by NunyaBidness
            How about withdrawals?
            Bitcoin withdrawals will be made available at a later date. The regular selection of payout methods can be used as normal for players who deposit via Bitcoin in the meantime.
            Comment
            • TheCalculator
              SBR MVP
              • 10-10-11
              • 1683

              #7
              Originally posted by NunyaBidness
              How about withdrawals?
              That's my question.
              Comment
              • pacers101
                SBR Wise Guy
                • 03-07-11
                • 603

                #8
                minimums?
                Comment
                • OptimistPrime
                  SBR Sharp
                  • 07-04-14
                  • 268

                  #9
                  Buying Bitcoins online with a ***********/paypal is such a hassle. For withdrawals I am much more interested in.
                  Comment
                  • pavyracer
                    SBR Aristocracy
                    • 04-12-07
                    • 82543

                    #10
                    What are bitcoins?
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388189

                      #11
                      That is a major move

                      Actually groundbreaking

                      Five Dimes could have tremendous customer support after this
                      Comment
                      • minet123
                        SBR Posting Legend
                        • 02-17-07
                        • 10280

                        #12
                        Originally posted by jjgold
                        That is a major move

                        Actually groundbreaking

                        Five Dimes could have tremendous customer support after this
                        If you mush this you bald shoe shiner
                        Comment
                        • Boner_18
                          SBR Hall of Famer
                          • 08-24-08
                          • 8301

                          #13
                          Originally posted by pavyracer
                          What are bitcoins?
                          Comment
                          • lecubs28
                            SBR Wise Guy
                            • 10-17-11
                            • 638

                            #14
                            wow, this is great news. it was bound to happen sooner or later. thumps up to 5dimes for taking the plunge
                            Comment
                            • yahoonino
                              SBR MVP
                              • 08-10-07
                              • 2651

                              #15
                              Originally posted by pavyracer
                              What are bitcoins?
                              iwas ready to ask the same question
                              Comment
                              • KVB
                                SBR Aristocracy
                                • 05-29-14
                                • 74817

                                #16
                                Originally posted by SBR Forum
                                Bitcoin withdrawals will be made available at a later date. The regular selection of payout methods can be used as normal for players who deposit via Bitcoin in the meantime.

                                Could this mean users who deposit using another method could possibly withdraw bitcoins? Will they convert that direction?
                                Comment
                                • capone1899
                                  SBR MVP
                                  • 06-16-11
                                  • 1054

                                  #17
                                  So you're tell me I can deposit with bitcoin but not withdraw with it, the heck?
                                  Comment
                                  • ACoochy
                                    SBR Posting Legend
                                    • 08-19-09
                                    • 13949

                                    #18
                                    This is groundbreaking for the industry
                                    Comment
                                    • ClimbSomeRocks
                                      SBR MVP
                                      • 11-04-09
                                      • 1081

                                      #19
                                      Originally posted by capone1899
                                      So you're tell me I can deposit with bitcoin but not withdraw with it, the heck?

                                      I imagine it will only be a matter of time until you can also withdraw with it. If this works out this could be amazing!
                                      Comment
                                      • creed
                                        SBR High Roller
                                        • 12-08-09
                                        • 108

                                        #20
                                        Its the way of the future for off shore books i think. Unless uncle sam finds a way to disrupt it.
                                        Comment
                                        • GunShard
                                          SBR Posting Legend
                                          • 03-05-10
                                          • 10027

                                          #21
                                          Fck BitCoins.
                                          Just saying.
                                          Comment
                                          • NunyaBidness
                                            SBR Hall of Famer
                                            • 07-26-09
                                            • 9345

                                            #22
                                            Originally posted by GunShard
                                            Fck BitCoins.
                                            Just saying.
                                            Why?

                                            Ignore all the speculation aspects, a valuable decentralized currency is so ideal for gamblers.
                                            Comment
                                            • beermankirk
                                              SBR MVP
                                              • 11-17-09
                                              • 1512

                                              #23
                                              They recently dropped instadebit... As a canadian, im not barred from wagering in my country, and this was the only legit next way to get paid...

                                              Was going to deposit in there before ufc175, but will not play there until any friendly canadian options like instant e-cheque, i-debit and instadebit are there.

                                              No point as i can get my money next day or quicker from many other books.

                                              I love 5d and all the ufc options, but similar to bovada and intertops, no point playing if i cant get my money..

                                              My accounts at matchbook/pinny/365/SIA/playnow all have quick payouts, so that will do...

                                              Any reason why they got rid of instadebit, and now have limited withdrawl ooptions?
                                              Comment
                                              • jjgold
                                                SBR Aristocracy
                                                • 07-20-05
                                                • 388189

                                                #24
                                                Creed makes a good point only if the government intervenes with bitcoin there could be issues

                                                Our government ruins everything

                                                For now I think a good move for five dimes
                                                Comment
                                                • Domestic
                                                  SBR Hall of Famer
                                                  • 02-10-09
                                                  • 6323

                                                  #25
                                                  Great move from 5dimes.
                                                  Comment
                                                  • Domestic
                                                    SBR Hall of Famer
                                                    • 02-10-09
                                                    • 6323

                                                    #26
                                                    Originally posted by pavyracer
                                                    What are bitcoins?
                                                    Comment
                                                    • KGambler
                                                      SBR MVP
                                                      • 07-09-09
                                                      • 2404

                                                      #27
                                                      What took so long?

                                                      This is going to get 5D a lot of business. Most of you guys have no idea the staggering amounts that are wagered in btc casinos.


                                                      Also agree that our gov ruins everything and is a danger.
                                                      Comment
                                                      • SBR Forum
                                                        Administrator
                                                        • 12-02-06
                                                        • 4559

                                                        #28
                                                        Originally posted by ClimbSomeRocks
                                                        I imagine it will only be a matter of time until you can also withdraw with it. If this works out this could be amazing!
                                                        Correct, both options will be available, but out of the gate BTC deposits come first.
                                                        Comment
                                                        • LVHerbie
                                                          SBR Hall of Famer
                                                          • 09-15-05
                                                          • 6344

                                                          #29
                                                          Originally posted by jjgold
                                                          Creed makes a good point only if the government intervenes with bitcoin there could be issues

                                                          Our government ruins everything

                                                          For now I think a good move for five dimes
                                                          And how exactly could they do that? Besides making it hard to buy and sell bitcoins (and they can't stop person to person transfers) it would nearly impossible given the current way the Internet works...
                                                          Comment
                                                          • pacers101
                                                            SBR Wise Guy
                                                            • 03-07-11
                                                            • 603

                                                            #30
                                                            have they said what would be a minimum deposit.
                                                            Comment
                                                            • jjgold
                                                              SBR Aristocracy
                                                              • 07-20-05
                                                              • 388189

                                                              #31
                                                              Hopefully they have both deposits and withdrawls soon

                                                              Love the move
                                                              Comment
                                                              • The Giant
                                                                SBR Posting Legend
                                                                • 01-21-12
                                                                • 21480

                                                                #32
                                                                I was just reading an article about this:

                                                                It'll be interesting to see how this plays out.
                                                                Comment
                                                                • muldoon
                                                                  SBR MVP
                                                                  • 01-04-10
                                                                  • 4397

                                                                  #33
                                                                  The beauty of current BTC books like Nitrogen, are that you can move funds quickly back and forth (and bet in BTC)


                                                                  So for the naysayers in here who drone on about losing your balance etc - books like Nitrogen allow folks like myself to transfer what we want to bet, if it wins, pull it back to our wallet for close to zero in fees (all within minutes). No screwing around in live help trying to get a W-U number. No attitude from managers explaining why a courier costs them X$ but they charge you triple that.


                                                                  It's a good thing 5dimes is accepting BTC, but until they also allow you to withdraw, and can offer withdrawals within minutes like other books, then they're still behind in the game.
                                                                  Last edited by SBRAdmin; 08-27-14, 09:48 AM.
                                                                  Comment
                                                                  • evo34
                                                                    SBR MVP
                                                                    • 11-09-08
                                                                    • 1032

                                                                    #34
                                                                    I wonder if they will still have rollover requirements.
                                                                    Comment
                                                                    • RenoChazz
                                                                      SBR Rookie
                                                                      • 05-26-11
                                                                      • 15

                                                                      #35
                                                                      Having speedy payouts is the biggest upside to bitcoin, so hopefully coming soon, actually means coming soon. When Ultimate Poker came out two years ago they said they had a Mac version coming soon, 2 years later still waiting.
                                                                      Comment
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