5dimes lowering odds after game

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  • sadekmeister
    SBR High Roller
    • 04-25-17
    • 99

    #1
    5dimes lowering odds after game
    Edit by SBR:

    This is standard policy at 5Dimes, most books actually just cancel wagers for off-market odds, which we're sure you would not prefer. It has always been the case and is clearly posted in the rules. In fact it is a policy SBR was consulted on many years ago and is more favorable to players who knowingly or unknowingly bet off-market odds.


    "If a wager with an erroneous line is not voided before the game/play begins, Management reserves the right to remedy the odds to a fair market price which would have been available at the time the wager was placed. This price remedy may be applied during or after an event. Only the odds will be corrected on an erroneous line. The risk amount, applicable spread and total will always remain unchanged. A player will never benefit from betting on a clear erroneous line. Repeat offenders will not be tolerated."


    __________

    I'm done with them. They could tell me they don't want my action instead of stealing money.

    Definitely not what A+ books do.
    Last edited by SBR Forum; 11-17-18, 11:15 AM. Reason: added update
  • lonnie55
    SBR MVP
    • 04-08-16
    • 2689

    #2
    match? your price? adjusted to?
    Comment
    • Grumsi
      SBR Hustler
      • 09-30-14
      • 66

      #3
      Originally posted by sadekmeister
      I'm done with them. They could tell me they don't want my action instead of stealing money.

      Definitely not what A+ books do.

      OMG! I never seen this before and I played at tens of different bookmakers. I was always afraid that books will start doing this and even then some crazy people will be protecting the book. Fair market odds, lol. It is not player's job to put a fair market odds, it is book's job to do that. And if they didn't, they should be penalised for it. If anyone disagree with that statment, he/she better not reply to me ever in any thread.
      Comment
      • sadekmeister
        SBR High Roller
        • 04-25-17
        • 99

        #4
        Originally posted by lonnie55
        match? your price? adjusted to?
        Lonnie, different games where they were late with odds change comparing to Pinnacle. Some odds changed more than 2 weeks after the match. I'd have to calculate adjusted prices, because they just deducted money from the account without showing new odd, but it's like 4 -> 3,5 or 1,9 -> 1,8.
        It's ridiculous.
        I've requested partial withdrawal on Tuesday, it's still in review process.
        Comment
        • qsgsg
          SBR High Roller
          • 07-14-18
          • 106

          #5
          limiting your bets or closing account but returning you everything in full would be "fairer" than this. You can't take back what a customer has earned. It's cheating.
          Comment
          • qsgsg
            SBR High Roller
            • 07-14-18
            • 106

            #6
            Books on SBR with A+ rating should hold the highest ethical standard. If the other books see this practice and SBR thinks it is A+ worthy, other books will start doing it knowing that it does not affect their rating.
            Comment
            • bubba
              SBR MVP
              • 09-29-05
              • 2432

              #7
              On the surface this looks horrible. What kind of wagers were these?
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 61461

                #8
                Originally posted by qsgsg
                Books on SBR with A+ rating should hold the highest ethical standard.
                agree!

                Originally posted by qsgsg
                If the other books see this practice and SBR thinks it is A+ worthy, other books will start doing it knowing that it does not affect their rating.
                It's certainly a weird one. But not really sure what they have done, or exactly why as yet.

                Sounds like a new way to deal with steam chasers from what the OP says about his betting style.

                I think Tony would have just closed an account betting mainly steam in the past.



                You must be right on top of it to find a lot of steam plays on 5D.
                .
                Comment
                • lonnie55
                  SBR MVP
                  • 04-08-16
                  • 2689

                  #9
                  Originally posted by sadekmeister
                  Lonnie, different games where they were late with odds change comparing to Pinnacle. Some odds changed more than 2 weeks after the match.
                  omg, that's heavy
                  Comment
                  • Alfa1234
                    SBR MVP
                    • 12-19-15
                    • 2722

                    #10
                    Originally posted by Optional
                    agree!



                    It's certainly a weird one. But not really sure what they have done, or exactly why as yet.

                    Sounds like a new way to deal with steam chasers from what the OP says about his betting style.

                    I think Tony would have just closed an account betting mainly steam in the past.



                    You must be right on top of it to find a lot of steam plays on 5D.
                    It's 100% unacceptable no matter how you look at it. It opens the door for random changes and you'll never be sure at which price you're betting. SBR should convinct this in the strongest possible way IMHO, even if they were just "late" to change their odds. That's not the player's fault. How are you supposed to know they weren't simply taking a position in that particular game? Next thing they'll be changing a +5.5 to a +2.5 because "the market said that's the correct line".
                    Comment
                    • bubba
                      SBR MVP
                      • 09-29-05
                      • 2432

                      #11
                      Originally posted by Optional





                      Sounds like a new way to deal with steam chasers from what the OP says about his betting style.

                      I think Tony would have just closed an account betting mainly steam in the past.



                      .
                      This is 1000% the wrong way to deal with steam chasers. Just close an account if you dont want someones action. Or limit them. Do not retroactively rob them. This kind of reminds me of sportsbook.com (i think that was it) retroactively cancelling "correlated parlays" back in the day. You book it, you pay it.
                      Comment
                      • Wohlford
                        SBR Sharp
                        • 11-12-11
                        • 292

                        #12
                        Unforgivable conduct by a book if this is what it appears to be. Should get a downgrade to a D grade.
                        Comment
                        • relaaxx
                          SBR MVP
                          • 06-15-06
                          • 3281

                          #13
                          Originally posted by Wohlford
                          Unforgivable conduct by a book if this is what it appears to be. Should get a downgrade to a D grade.
                          I love 5dimes. but this unacceptable
                          Comment
                          • Shifty
                            SBR Wise Guy
                            • 08-10-08
                            • 558

                            #14
                            That's awful. What makes it even more f'ckd up is the amounts taken back are so small. Must have been an obscure sport or prop but that's no excuse.
                            Comment
                            • ronald
                              SBR MVP
                              • 10-31-05
                              • 4918

                              #15
                              Originally posted by Optional
                              agree!



                              It's certainly a weird one. But not really sure what they have done, or exactly why as yet.

                              Sounds like a new way to deal with steam chasers from what the OP says about his betting style.

                              I think Tony would have just closed an account betting mainly steam in the past.



                              You must be right on top of it to find a lot of steam plays on 5D.
                              I trust SBR is looking into this?
                              Comment
                              • HedgeHog
                                SBR Posting Legend
                                • 09-11-07
                                • 10128

                                #16
                                Originally posted by sadekmeister
                                I'm done with them. They could tell me they don't want my action instead of stealing money.

                                Definitely not what A+ books do.
                                Shocked that 5D went back so far to reclaim so little. Can you post some of the bets involved? I'd like to see if they were obvious line errors.
                                Comment
                                • michael777
                                  SBR MVP
                                  • 09-20-05
                                  • 1936

                                  #17
                                  Tony is DEAD ,and so is 5Crimes
                                  Comment
                                  • bubba
                                    SBR MVP
                                    • 09-29-05
                                    • 2432

                                    #18
                                    Originally posted by HedgeHog
                                    Shocked that 5D went back so far to reclaim so little. Can you post some of the bets involved? I'd like to see if they were obvious line errors.
                                    agree. its almost like for such small amounts, going weeks back that these bets might have been massively off. no idea. Not saying it makes it right but im so curious what the actual wagers were.
                                    Comment
                                    • RonPaul2008
                                      SBR Hall of Famer
                                      • 06-08-07
                                      • 6741

                                      #19
                                      Doubtful, i've been with 5D for many years, bet steam all the time, they never did that to me.
                                      Instead my limits are low and i'm on a wager delay.
                                      Besides, if that is not stated in their rules it would be robbery and nobody on earth would want to play there.
                                      I still don't understand how horse racing at the track gets away with giving you whatever line it closes at.



                                      Originally posted by Optional
                                      agree!



                                      It's certainly a weird one. But not really sure what they have done, or exactly why as yet.

                                      Sounds like a new way to deal with steam chasers from what the OP says about his betting style.

                                      I think Tony would have just closed an account betting mainly steam in the past.



                                      You must be right on top of it to find a lot of steam plays on 5D.
                                      Comment
                                      • jimmy007oc
                                        SBR MVP
                                        • 08-25-10
                                        • 1699

                                        #20
                                        Op should file a report and let SBR investigate this with 5D.
                                        Comment
                                        • Barrakuda
                                          SBR Wise Guy
                                          • 02-28-18
                                          • 786

                                          #21
                                          We need to know exactly what these bets were. 3rd level Croatian volleyball? It wouldn't make it right, but it would be better than if it was a major sport.
                                          Comment
                                          • Optional
                                            Administrator
                                            • 06-10-10
                                            • 61461

                                            #22
                                            @OP, if you would like SBR to question them about this, please shoot in a sportsbook complaint form with your account info.
                                            .
                                            Comment
                                            • Optional
                                              Administrator
                                              • 06-10-10
                                              • 61461

                                              #23
                                              Originally posted by RonPaul2008
                                              Doubtful, i've been with 5D for many years, bet steam all the time, they never did that to me.
                                              Instead my limits are low and i'm on a wager delay.
                                              Besides, if that is not stated in their rules it would be robbery and nobody on earth would want to play there.
                                              I still don't understand how horse racing at the track gets away with giving you whatever line it closes at.
                                              That's good info. 5D have never been badly against steam players but didn't realize you could get away with it for years. I'd guess you must have a high percentage of regualr plays in there too.
                                              .
                                              Comment
                                              • Wohlford
                                                SBR Sharp
                                                • 11-12-11
                                                • 292

                                                #24
                                                Originally posted by Barrakuda
                                                We need to know exactly what these bets were. 3rd level Croatian volleyball? It wouldn't make it right, but it would be better than if it was a major sport.
                                                I definitely want to know more about what happened than I can infer from OP's screenshot, but I don't think the exact market matters too much; I'm already assuming it was not a major market.

                                                I just want to confirm that what we're seeing here is 5Dimes retroactively re-pricing wagers in a market where the rules don't allow it. (For example, was OP betting some foreign baseball market and he selected "Action" for the pitchers? If so, a retroactive price adjustment might actually be allowable.)

                                                Beyond that, the only thing I need to know is 5Dimes' response to OP complaining and SBR's inquiry. If 5Dimes refuses to backdown and claims that it has a right to re-price wagers for "steam chasers" then 5Dimes is not a book worthy of betting with. Period.

                                                If all that checks out there's only one thing to do: downgrade 5Dimes' rating to a D or F.
                                                Comment
                                                • RonPaul2008
                                                  SBR Hall of Famer
                                                  • 06-08-07
                                                  • 6741

                                                  #25
                                                  Originally posted by Optional
                                                  That's good info. 5D have never been badly against steam players but didn't realize you could get away with it for years. I'd guess you must have a high percentage of regualr plays in there too.
                                                  Nah, they know i'm a sharp and use my plays to adjust their lines...almost like i'm a linesman for them. My limits are very low on wnba, but halfway decent on nba.. (only 2 sports i've bet for years), delay is something like 20 seconds.
                                                  Comment
                                                  • Optional
                                                    Administrator
                                                    • 06-10-10
                                                    • 61461

                                                    #26
                                                    Originally posted by RonPaul2008

                                                    Nah, they know i'm a sharp and use my plays to adjust their lines...almost like i'm a linesman for them. My limits are very low on wnba, but halfway decent on nba.. (only 2 sports i've bet for years), delay is something like 20 seconds.
                                                    Ah, that makes sense.

                                                    Know a couple of others like that, who move lines and are way ahead lifetime without huge restrictions.

                                                    Think 5mike5 has or had a long delay like that on NASCAR too.
                                                    .
                                                    Comment
                                                    • Barrakuda
                                                      SBR Wise Guy
                                                      • 02-28-18
                                                      • 786

                                                      #27
                                                      Originally posted by RonPaul2008
                                                      Nah, they know i'm a sharp and use my plays to adjust their lines...almost like i'm a linesman for them. My limits are very low on wnba, but halfway decent on nba.. (only 2 sports i've bet for years), delay is something like 20 seconds.
                                                      They don't delay you if you're sharp and not betting steam..
                                                      Comment
                                                      • RonPaul2008
                                                        SBR Hall of Famer
                                                        • 06-08-07
                                                        • 6741

                                                        #28
                                                        Originally posted by Barrakuda
                                                        They don't delay you if you're sharp and not betting steam..
                                                        Betting steam is a thing that sharp bettors do.
                                                        Comment
                                                        • qsgsg
                                                          SBR High Roller
                                                          • 07-14-18
                                                          • 106

                                                          #29
                                                          Originally posted by Wohlford
                                                          Beyond that, the only thing I need to know is 5Dimes' response to OP complaining and SBR's inquiry. If 5Dimes refuses to backdown and claims that it has a right to re-price wagers for "steam chasers" then 5Dimes is not a book worthy of betting with. Period.
                                                          it's possible that there is a valid explanation like what Optional said
                                                          Comment
                                                          • Barrakuda
                                                            SBR Wise Guy
                                                            • 02-28-18
                                                            • 786

                                                            #30
                                                            Originally posted by RonPaul2008
                                                            Betting steam is a thing that sharp bettors do.
                                                            LOL. No.
                                                            Comment
                                                            • RonPaul2008
                                                              SBR Hall of Famer
                                                              • 06-08-07
                                                              • 6741

                                                              #31
                                                              Originally posted by Barrakuda
                                                              LOL. No.
                                                              LOL. Yes.
                                                              Comment
                                                              • Optional
                                                                Administrator
                                                                • 06-10-10
                                                                • 61461

                                                                #32
                                                                Originally posted by RonPaul2008

                                                                Betting steam is a thing that sharp bettors do.
                                                                I think you are under-selling yourself.

                                                                Any old nong can monitor Pinny and bet anything they see move at a slower book. You must be a bit more selective than that to be flagged sharp. Or maybe you are so fast and so comprehensive you are like an alarm for them?
                                                                .
                                                                Comment
                                                                • RonPaul2008
                                                                  SBR Hall of Famer
                                                                  • 06-08-07
                                                                  • 6741

                                                                  #33
                                                                  Originally posted by Optional
                                                                  I think you are under-selling yourself.

                                                                  Any old nong can monitor Pinny and bet anything they see move at a slower book. You must be a bit more selective than that to be flagged sharp. Or maybe you are so fast and so comprehensive you are like an alarm for them?
                                                                  Speed is crucial, yes. And of course you don't bet every move.
                                                                  Comment
                                                                  • The Kraken
                                                                    BARRELED IN @ SBR!
                                                                    • 12-25-11
                                                                    • 28918

                                                                    #34
                                                                    Ron, this thread is actually important and you being sharp or not isn’t pertinent. Thanks for telling everyone you’re a sharp bettor but we’re all more interested in finding out what happened exactly in the OP and 5d’s explanation
                                                                    Comment
                                                                    • SBR Forum
                                                                      Administrator
                                                                      • 12-02-06
                                                                      • 4559

                                                                      #35
                                                                      This is standard policy at 5Dimes, most books actually just cancel wagers for off-market odds, which we're sure you would not prefer. It has always been the case and is clearly posted in the rules. In fact it is a policy SBR was consulted on many years ago and is more favorable to players who knowingly or unknowingly bet off-market odds.

                                                                      "If a wager with an erroneous line is not voided before the game/play begins, Management reserves the right to remedy the odds to a fair market price which would have been available at the time the wager was placed. This price remedy may be applied during or after an event. Only the odds will be corrected on an erroneous line. The risk amount, applicable spread and total will always remain unchanged. A player will never benefit from betting on a clear erroneous line. Repeat offenders will not be tolerated."
                                                                      Comment
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