5dimes needs a policy change -- BTC deposits

[DroopyDog]

They require SEVEN confirmations before crediting, which takes a few hours...

I can make a money grm deposit faster than I can a bitcoin deposit at 5dimes, how backwards is that ?

Wish SBR or someone would talk some sense into them

I cant even name another book that requires more than 1 confirmation

[Optional]

Is this when doing a large deposit or any size?

[DroopyDog]

Ive heard people say they get it credited on small amounts....I dont know what the cut off is, but I deposited a dime and Im waiting for 7 confirmations

[Optional]

Ive heard people say they get it credited on small amounts....I dont know what the cut off is, but I deposited a dime and Im waiting for 7 confirmations

I don't think I'd call that large, and agree 7 confirmations seems a lot.

A few people say this but I've never experienced it myself. I wonder if it is an account based thing.

I'll ping the admin guys who deal with 5Dimes to read this thread.

[Rabiddog33]

One of the worst, if not the worst for BTC deposits!

[Shifty]

One of the worst, if not the worst for BTC deposits!

This^^
5 Dimes is cleaning up on Bitcoin deposits. Customer can only lose during the 60-90 minute wait.

[Wilfred]

It’s completely random for me. Sometimes I’ll get credited immediately for the amount, sometimes it will be credited after 1 confirmation, and other times they wait until 7 confirmations.

[SendIt247]

They require SEVEN confirmations before crediting, which takes a few hours...

I can make a money grm deposit faster than I can a bitcoin deposit at 5dimes, how backwards is that ?

Wish SBR or someone would talk some sense into them

I cant even name another book that requires more than 1 confirmation

Droopy, just use Nitro for bitcoin.

[DroopyDog]

Nitrogen has its benefits, but leaves a lot to desire in terms of lines, and betting options. Their live wagering is woeful

[themike78]

Droopy, just use Nitro for bitcoin.

Why play at bitcoin only books now? The way bitcoin is dropping you are losing money even when you win your bets.

[PD77]

I looked up 5Dimes bitcoin deposit policy and it is vague at best. All of my deposits are "sent" within 15 minutes of generating the bitcoin address although they are not processed within that time. They have nothing about confirmations listed. No doubt about it , 5dimes does indeed need to update their BTC deposit policy.

Use the Bitcoin Address that will be displayed to send the funds. Once you complete the deposit to the address displayed to you in the deposit page, the transaction will be automatically submitted for confirmation. There are no fees associated with this deposit method. Remember, you must request a new Bitcoin Address for every deposit made.
Your deposit will be credited shortly after, taking up to 40 min to be completed. If the amount you send is less than the amount you had entered to request the Bitcoin Address, your deposit will be delayed by at least 15 minutes more on top of the regular confirmation time.
If your deposit is sent within 15 minutes of generating the bitcoin address, the currency exchange rate at that time will be applied for the USD conversion when crediting your sports account. If the deposit is processed after the 15 minute period, the currency exchange rate available when depositing will be the one applied for the USD conversion.

https://www.5dimes.eu/PopUpsFromChart/bitcoin.html

[cx89]

I have consistently loaded dimes into 5D and it only took 1 confirmation for me... pretty sure price might of been collapsing when you deposited. Doesn't make it any more ethical, but I'm pretty sure they got flooded with people trying to convert into USD.

[ATC727]

I agree and I said it on my different posts too. Various amounts takes the longest to deposit out of all the online sites.

[InsiderHer]

Why play at bitcoin only books now? The way bitcoin is dropping you are losing money even when you win your bets.

How you figure? The amount of money in your accont does not depreciate nor appreciate off of the price of bitcoin

[themike78]

How you figure? The amount of money in your accont does not depreciate nor appreciate off of the price of bitcoin

Of course it does. Bitcoin only books hold your money in bitcoin not dollars. Bitcoin goes down in value your bitcoin in the book goes does down in value. I'm just saying right now it's better to play with regular books that convert your bitcoin to dollars when you deposit.

[phillyhata1]

5dimes=the kings of stalling payouts and inventing loopholes to screw the player

[Microphone]

6 Confirmations

[RedApples]

5Dimes is a pretty terrible book right now. I applaud them for pretty much nothing aside from having an interface I enjoy, and for not stealing from customers. It scares me deeply how poor their wagering department is at identifying and taking care of issues coming to grading properly, accurately, and logistically. The security department doesn't seem to understand what security is necessary for. I always choose to play with BetOnline over 5Dimes if I don't need to give up more than 25 cents juice on a play over 200, and 10 cents juice on a line under 200. Sometimes even going as far as to take +750 over +850. I just have such little confidence in the future of 5Dimes with the way they handle everything. This one issue here being just 1 of probably about 15 to 20 issues that I think show a total a lack of legitimacy, which could very well lead to a collapse of the book. When I place a bet, I try to fully realize that by putting my $ in the book, not only am I supporting it financially, but I also need to make an analysis on whether or not it's a good investment for me to get paid out by them in the case I win. I don't feel good about the chances of a bet of mine paying out in a year and 5Dimes being there to hand over the cash. Sorry! Zero confidence in this book. Wish they could bring someone in to manage the book and bring back some legitimacy.

[5918mike]

How you figure? The amount of money in your accont does not depreciate nor appreciate off of the price of bitcoin

The hell is doesn't, that's exactly what it does.

[InsiderHer]

Of course it does. Bitcoin only books hold your money in bitcoin not dollars. Bitcoin goes down in value your bitcoin in the book goes does down in value. I'm just saying right now it's better to play with regular books that convert your bitcoin to dollars when you deposit.

Sorry, don't have an account at a "bitcoin sportsbook". I assumed it was the same. Thanks for education Mike

[cx89]

https://www.sportsbookreview.com/forum/sportsbooks-industry/3571152-5dimes-outright-stealing-once-again.html

[LAbra2k]

They require SEVEN confirmations before crediting, which takes a few hours...

I can make a money grm deposit faster than I can a bitcoin deposit at 5dimes, how backwards is that ?

Wish SBR or someone would talk some sense into them

I cant even name another book that requires more than 1 confirmation

not only deposit....
just do a withdrawal, phone call confirmation, email confirmation...with your pin ect. pp.
too much

[Steve Ass]

Mine go in with 1 confirmation only always.

[DontTailMe]

not only deposit....
just do a withdrawal, phone call confirmation, email confirmation...with your pin ect. pp.
too much

You say it’s too much, but even with all of those protections I always get my payouts within 24 hours (and often much sooner), which isn’t top shelf for offshores but is better than average.

[TheMoneyShot]

It's a variety of different confirmations. I don't recall the last time I had only 1 confirmation.

I've had 2, 3, 5, and 6.

Typically it's a higher number... 5 or 6.

[hustledouble]

DontTailMe in here stanning for 5Dimes right on schedule. Look at the dude's post history it's every 5D thread now lmao.

Look we all know the benefits of an acct at 5Dimes and I play there every day. Their deposits and withdrawals definitely need a "clean up" as OP suggested. They are clearly slower than the industry standard for all the other top-line books at this point. They don't want to change their policies, they claim its proper security protocol, but everybody else handles it better. I think the real issue is they don't have a good handle on bitcoin liability nor on fraud liability, and frankly they never have. Their outlaw CC depositors were the dirt worst for a couple years too, if people remember.

As long as they pay, offer all the different lines they do, don't limit me to basically nothing *cough*Bovada*cough* etc etc IMO it's definitely worth dealing with. They're still a good top flight book IMO. But defending their deposit/withdrawal process for BTC is delusional.

[5mike5]

Mine go in with 1 confirmation only always.

Same here. Amount doesn't matter either.