5dimes btc withdrawal experience

**bookie** · 10-16-14, 04:14 PM

[QUOTE=Indeep;22798571...

so by the time 5d took their cut...[/QUOTE]

What is 5D's cut on a Bitcoin withdrawal?

**Indeep** · 10-16-14, 04:47 PM

Originally posted by bookie

What is 5D's cut on a Bitcoin withdrawal?

I don't know if it's based on how much you withdraw or not, but they charged me $15.00

**Legions36** · 10-16-14, 06:45 PM

A 30 hour withdraw in bitcoin is nothing special. Every place that uses bitcoin should be within the hour. I mean u can send it to them speedy fast.

**thespeculator** · 10-16-14, 07:44 PM

If bit coin is sent instantly not sure why it would take them 30 hours,,,,,,still better than a check,,,,,but I don't get why they can't do it faster

**LordVodka** · 10-17-14, 03:52 AM

This bitcoin method doesnt sound too great anymore. I had high hopes too. Charging to withdraw?

**Domestic** · 10-17-14, 05:39 AM

If books are gonna take 30 hours to pay out via bitcoin they are doing their best to reduce the benefits of accepting bitcoin in the first place. Sending bitcoin is as simple as sending an email, no reason in the world why they should take that long.

I tried out a new UK book this last week to check out their live betting. Requested a withdrawal via moneybookers and it took over 72 hours to get paid. Will not be using that book again. I can understand delays with conventional methods of up to 24 hours if their staff only processes withdraws once a day at a specific time but waiting multiple days for simple payment types is ridiculous and I have very little tolerance for it.

**Bill Dozer** · 10-17-14, 06:14 AM

A book doing purely bitcoin has advantages processing it over the books that are adding it to what they have. Whether it is 24 hours or minutes 5Dimes has to review transactions just like they do any other because they are mixed together. Did the player play poker with a player who deposited via plastic? Did the BTC depositor roll his deposit bonus over from the other method he sent in 2 days earlier? Transfers from the BTC-only books often dont have to worry about bonuses or addresses or poker networks or if the customer is generally in good standing and in some cases who they are at all.

This is a good player review and it will be helpful to the player who is used to betting at bitcoin only books. It seems like right now books are adding it out of convenience to their users who think they have the best product. I also agree it would be nice if they processed BTC for free to emphasize the ease of it and see it grow. Making a point to have the transfers quick will be good advertising for the lowwer cost method. Maybe one day they will have account signup designated for Bitcoin users. It could mean even better perks as the costs go down. Right now all the established books are watching bitcoins to see how it will work.

**unluckysob** · 10-17-14, 08:00 AM

Own a business---I bill for my work---sometimes takes 1 week to 30 days to get paid---you fuks are bitching about 30 hours???

**Art Vandeleigh** · 10-17-14, 08:05 AM

I don't mind too much that they're charging, because if they didn't, you know some people would abuse it and withdraw 50 or more times a month, and 5dimes is not set up like a bitcoin book, they probably do have more stringent time consuming checks for each withdrawal.

But if they're going to charge, they shouldn't have such a long delay before sending the money back.

**thespeculator** · 10-17-14, 08:09 AM

Originally posted by Domestic

If books are gonna take 30 hours to pay out via bitcoin they are doing their best to reduce the benefits of accepting bitcoin in the first place. Sending bitcoin is as simple as sending an email, no reason in the world why they should take that long.

I tried out a new UK book this last week to check out their live betting. Requested a withdrawal via moneybookers and it took over 72 hours to get paid. Will not be using that book again. I can understand delays with conventional methods of up to 24 hours if their staff only processes withdraws once a day at a specific time but waiting multiple days for simple payment types is ridiculous and I have very little tolerance for it.

Agree, especially when pinnacle can do it in 15 minutes. I would think they have the same security measures as other books.

**jjgold** · 10-17-14, 09:08 AM

sum this up

5 Dimes not a pure bitcoin book so of course going to be slower and payments a little slower

Pure Bitcoin basically instant no fees

**HuskerExpat** · 10-17-14, 09:50 AM

Originally posted by jjgold

sum this up

5 Dimes not a pure bitcoin book so of course going to be slower and payments a little slower

Pure Bitcoin basically instant no fees

Not really a valid explanation. No reason it should take 30 hours. Nitrogen, for instance, will manually review your account if you've played poker for similar reasons. Still, their manual review usual takes no more than 30 minutes or so. No explanation for why a manual review should take 30 hours.

**Mike1029** · 10-17-14, 10:48 AM

Good to know. I just sign up with 5 dimes

**Indeep** · 10-17-14, 11:08 AM

Originally posted by LordVodka

This bitcoin method doesnt sound too great anymore. I had high hopes too. Charging to withdraw?

I believe you can take out $1,000 without a fee.

Update:
Also, 5d sent me a followup email, letting me know what are the busiest btc w/d days(Monday & Tuesday) so it takes longer on those days, and that btc is becoming very popular with their customers, so they will be expanding that department.

Now I have to wait for Coinbase to finish the sale transaction. My sale has gone through, but they hold the money 4 days, which pushes this overall transaction to 7 days.

**3runhomer** · 10-20-14, 11:17 PM

Originally posted by Indeep

I believe you can take out $1,000 without a fee.

Update:
Also, 5d sent me a followup email, letting me know what are the busiest btc w/d days(Monday & Tuesday) so it takes longer on those days, and that btc is becoming very popular with their customers, so they will be expanding that department.

Now I have to wait for Coinbase to finish the sale transaction. My sale has gone through, but they hold the money 4 days, which pushes this overall transaction to 7 days.

Thanks for describing this process...that is a huge help. I am hoping this method gains some major traction and takes off...fingers crossed!

**raiders72001** · 10-21-14, 01:22 AM

Originally posted by Bill Dozer

A book doing purely bitcoin has advantages processing it over the books that are adding it to what they have. Whether it is 24 hours or minutes 5Dimes has to review transactions just like they do any other because they are mixed together. Did the player play poker with a player who deposited via plastic? Did the BTC depositor roll his deposit bonus over from the other method he sent in 2 days earlier? Transfers from the BTC-only books often dont have to worry about bonuses or addresses or poker networks or if the customer is generally in good standing and in some cases who they are at all.

This is a good player review and it will be helpful to the player who is used to betting at bitcoin only books. It seems like right now books are adding it out of convenience to their users who think they have the best product. I also agree it would be nice if they processed BTC for free to emphasize the ease of it and see it grow. Making a point to have the transfers quick will be good advertising for the lowwer cost method. Maybe one day they will have account signup designated for Bitcoin users. It could mean even better perks as the costs go down. Right now all the established books are watching bitcoins to see how it will work.

5Dimes is a great book. There's no doubt about it. But three bitcoin books have bonuses with rollovers and are still able to process withdrawals much quicker than cash books dabbling in bitcoins.

Anonibet has a 10% cash bonus with a 1x rollover. Two books have poker rooms, Nitrogensports and Betcoinsports. These books get withdrawals out immediately at best to 2 hours at worst.

Esports and tiny markets may be manually reviewed that cause the short delays in grading. The bitcoin books are becoming very competitive and withdrawal times are very important to those just playing with bitcoins.

Bitcoin books don't charge for withdrawals, 4 cents at most. You can withdraw any time that you want. Because of the advantages of bitcoin books I'm really looking forward to the reviews by SBR.

**jtoler** · 10-21-14, 01:39 AM

Originally posted by unluckysob

Own a business---I bill for my work---sometimes takes 1 week to 30 days to get paid---you fuks are bitching about 30 hours???

Yep, especially when it takes less than one second for them to receive your money after you press submit.

**Keith Richard** · 10-21-14, 05:38 PM

Does Pinnacle take Bitcoins yet?

**raiders72001** · 10-21-14, 05:50 PM

Originally posted by Keith Richard

Does Pinnacle take Bitcoins yet?

Only through agents. They convert bitcoins to Asian currency, Hong Konk or Singapore, and put Asian dollars in your account. You only work with the agent and not with Pinnacle if there are any questions.

**bookie** · 10-21-14, 11:23 PM

Do you trust Asian Connect?

I keep getting mixed signals from them both in my contacts with them and in what you hear in the forum.

I'd value your candid opinion...while of course realizing that my decisions are mine alone.

**Optional** · 10-22-14, 03:03 AM

Originally posted by bookie

Do you trust Asian Connect?

I keep getting mixed signals from them both in my contacts with them and in what you hear in the forum.

I'd value your candid opinion...while of course realizing that my decisions are mine alone.

I probably would not risk taking a bonus from them as their terms regarding policing and penalties for 'bonus abuse' are not fair by industry standards.

Other than that I'd be personally happy to risk a medium amount there from what I know and have read.

**raiders72001** · 10-22-14, 03:09 AM

As Optional pointed out, there have been problems with AsianConnect. They have locked accounts for bonus abuse. AC will also request personal information. The other pure bitcoin books ask for an email address at most.

OleBitcoin is the best of the agents imo. They were formerly known as SBOBitcoin. New agents are popping up and they may be legitimate but I don't see a reason to chance a new agent.

Unless you are a large player, you can get everything you want from other bitcoin books without going through an agent.

**Bill Dozer** · 10-22-14, 09:31 AM

Originally posted by raiders72001

5Dimes is a great book. There's no doubt about it. But three bitcoin books have bonuses with rollovers and are still able to process withdrawals much quicker than cash books dabbling in bitcoins.

Anonibet has a 10% cash bonus with a 1x rollover. Two books have poker rooms, Nitrogensports and Betcoinsports. These books get withdrawals out immediately at best to 2 hours at worst.

Esports and tiny markets may be manually reviewed that cause the short delays in grading. The bitcoin books are becoming very competitive and withdrawal times are very important to those just playing with bitcoins.

Bitcoin books don't charge for withdrawals, 4 cents at most. You can withdraw any time that you want. Because of the advantages of bitcoin books I'm really looking forward to the reviews by SBR.

Also lets not forget these books are new and bitcoin is relatively new. 105 juice and 10% bonuses at 1x roll on anonymous players arent sustainable. These books will learn what 5dimes did 10 years ago with the advantage of less overhead along the way.

**raiders72001** · 10-22-14, 02:02 PM

Originally posted by Bill Dozer

Also lets not forget these books are new and bitcoin is relatively new. 105 juice and 10% bonuses at 1x roll on anonymous players arent sustainable. These books will learn what 5dimes did 10 years ago with the advantage of less overhead along the way.

I'm not sure if they had the intent to run or just got burned, but BTCStakebet had a 100% cash bonus with a 3x rollover. They closed shop running with the money.

With the 10% cash and 1x rollover, that book is Anonibet. I can't see them going anywhere since they have been open since 2011. They would most likely just take it away if they were getting hurt too much. I'm taking advantage of it while it's there.