1. #1
    SBR Forum
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    5Dimesí SBR Rating Suspended

    5Dimesí SBR Rating Suspended
    5Dimes announced last Monday, September 7 that they are leaving the US market. Bets from US players will no longer be accepted as of September 21.

    Players have until September 25 to request their balances. Funds not requested by this date will be managed by a third-party claims administrator. Details on how players will be paid after the deadline have not been made available.

    Several players have confirmed receiving payment so far on SBR Forum, with most withdrawals taking up to 7 days to be received. SBR strongly advises players holding funds to place a withdrawal request now, and not wait until the September 25 deadline.

    Complaints Aired on Pending Bets

    What has dominated the discussion board on SBR Forum is that 5Dimes will not settle pending wagers after September 25. This means that futures wagers that already have increased in value such as US Election props ó will be cancelled.

    As SBR reported last week, sportsbooks have honored wagers into the future when leaving markets in the past. The only alternative to doing so is settling these wagers at their current fair market value. Unfortunately, 5Dimes is sticking to their position that they will cancel bets not settled by September 25.

    SBR has suspended 5Dimesí A+ rating effectively immediately and will reevaluate 5Dimes following their US market exit.

    SBR will update the newswire feed and SBR Forum with any new information.

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  2. #2
    PD77
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    Same suspension for the 5Dimes clone BetAnySports.eu?

  3. #3
    DontTailMe
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    Quote Originally Posted by SBR Forum View Post
    5Dimes’ SBR Rating Suspended
    5Dimes announced last Monday, September 7 that they are leaving the US market. Bets from US players will no longer be accepted as of September 21.

    Players have until September 25 to request their balances. Funds not requested by this date will be managed by a third-party claims administrator. Details on how players will be paid after the deadline have not been made available.

    Several players have confirmed receiving payment so far on SBR Forum, with most withdrawals taking up to 7 days to be received. SBR strongly advises players holding funds to place a withdrawal request now, and not wait until the September 25 deadline.

    Complaints Aired on Pending Bets

    What has dominated the discussion board on SBR Forum is that 5Dimes will not settle pending wagers after September 25. This means that futures wagers that already have increased in value such as US Election props — will be cancelled.

    As SBR reported last week, sportsbooks have honored wagers into the future when leaving markets in the past. The only alternative to doing so is settling these wagers at their current fair market value. Unfortunately, 5Dimes is sticking to their position that they will cancel bets not settled by September 25.

    SBR has suspended 5Dimes’ A+ rating effectively immediately and will reevaluate 5Dimes following their US market exit.

    SBR will update the newswire feed and SBR Forum with any new information.
    I assume they're also sticking to their highly unethical stance on parlays as well? Not voiding open and/or post-9/25 legs and honoring those legs which have already been graded wins? Offering refunds of stake amount only?

    Edit: Essentially, stealing wins that have already been won, and freerolling parlay players on a grand scale.
    Last edited by DontTailMe; 09-17-20 at 03:27 PM.

  4. #4
    Shifty
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    This means they're also delinquent on their SBR advertising. Not good.
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  5. #5
    pologq
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    i see the betanysports banner has replaced 5 dimes too
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  6. #6
    capitalist pig
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    Quote Originally Posted by PD77 View Post
    Same suspension for the 5Dimes clone BetAnySports.eu?
    They rated them a A- for whatever thatís worth

  7. #7
    DontTailMe
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    Quote Originally Posted by pologq View Post
    i see the betanysports banner has replaced 5 dimes too
    What does this mean? replaced the banner where?

  8. #8
    Defying
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    Is it final that 5dimes will not be doing the right thing?

  9. #9
    soobv
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    Yes thatís why they made this announcement.

  10. #10
    dmm
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    Thanks for the update. Completely agree with the decision to re-evaluate their A+ ranking.

  11. #11
    bfl1000
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    I thought BAS operates independently even though they are under 5d group. BAS use to be under Youwager I think.

  12. #12
    borntorunhot
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    5Dimes Rating should be permanently changed, they are stealinig

    I believe that SportsBook Review is failing its mission. What 5Dimes is doing with futures and parlays is criminal. They are stealing.

    Their rating worldwide should be dropped to a D, I mean now!! Not a suspension but a real drop.

    I have lots of futures bets, I understand canceling and refunding politics and baseball. However, in the NBA futures, they have cherry picked the ones they have cancelled and refunded those that benefit them, i.e., futures involving the Lakers. They kept on the books Boston and Toronto to win East bets while they were still playing each other. After Toronto lost, they graded those as a loss giving me nothing. I suspect that if Boston and Miami go to 6 or 7 games, even if Boston is leading 3-2, they will then cancel and refund the Boston bets. Setting up themselves on a free roll, either they win or they push, they can never lose unless Boston wins series 4-1. This is costing me approximately $3000. All they had to do was a "cash out", something that competent sports books are capable of

    I repeat, that is stealing.

    I call upon SportsBook review to contact 5Dimes and explain how unfair their futures procedure has been and see if they can get them to change their policy. If they do not, their grade should be changed to a D and never raised unless they have a clean 5 years.

    SportsBook Review, do what you say is your role in the sports betting world, making sure customers do not get ripped off.
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  13. #13
    RoyBacon
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    Quote Originally Posted by borntorunhot View Post
    I believe that SportsBook Review is failing its mission. What 5Dimes is doing with futures and parlays is criminal. They are stealing.

    Their rating worldwide should be dropped to a D, I mean now!! Not a suspension but a real drop.

    I have lots of futures bets, I understand canceling and refunding politics and baseball. However, in the NBA futures, they have cherry picked the ones they have cancelled and refunded those that benefit them, i.e., futures involving the Lakers. They kept on the books Boston and Toronto to win East bets while they were still playing each other. After Toronto lost, they graded those as a loss giving me nothing. I suspect that if Boston and Miami go to 6 or 7 games, even if Boston is leading 3-2, they will then cancel and refund the Boston bets. Setting up themselves on a free roll, either they win or they push, they can never lose unless Boston wins series 4-1. This is costing me approximately $3000. All they had to do was a "cash out", something that competent sports books are capable of

    I repeat, that is stealing.

    I call upon SportsBook review to contact 5Dimes and explain how unfair their futures procedure has been and see if they can get them to change their policy. If they do not, their grade should be changed to a D and never raised unless they have a clean 5 years.

    SportsBook Review, do what you say is your role in the sports betting world, making sure customers do not get ripped off.
    Get everyone paid before you determine their new rating.

  14. #14
    Nittany Lion
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    I've posted this several times in the 5Dimes big thread but will post it here as well, the way they are treating customers who just did a recent deposit is absolute shit as well, they want 5% fee if you haven't done a 1x rollover of your deposit. So imagine depositing $10,000 into 5Dimes on Sept 1st to get ready for the football season then a week later they want all their U.S. customers to withdrawal their money but ohhhhh by the way that $10,000 you JUST deposited.....we are going to take $500 (5%) off the top since you didn't bet all $10,000 in the 1 week time frame you had to bet. Then when you dispute the fee since THEY are the ones forcing you to withdrawal they say "rules are rules" like WTF, 5Dimes has been great all these years then for them to treat their long term customers like this is a kick in the nuts.
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  15. #15
    Barrakuda
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    Quote Originally Posted by Nittany Lion View Post
    I've posted this several times in the 5Dimes big thread but will post it here as well, the way they are treating customers who just did a recent deposit is absolute shit as well, they want 5% fee if you haven't done a 1x rollover of your deposit. So imagine depositing $10,000 into 5Dimes on Sept 1st to get ready for the football season then a week later they want all their U.S. customers to withdrawal their money but ohhhhh by the way that $10,000 you JUST deposited.....we are going to take $500 (5%) off the top since you didn't bet all $10,000 in the 1 week time frame you had to bet. Then when you dispute the fee since THEY are the ones forcing you to withdrawal they say "rules are rules" like WTF, 5Dimes has been great all these years then for them to treat their long term customers like this is a kick in the nuts.
    This is one of the slimiest money grabs in history. I can't imagine the places they are hiding funds so that they can claim they're bankrupt and head for the hills.

  16. #16
    borntorunhot
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    Speaking of getting paid, I am 7 days into a withdrawal that was promised for 4-5 days then adjusted for 7-10 days. No sign of any money.

    I have written complaints to SBR, cannot even get a response.

    Are they supposed to help sports bettors or not?

  17. #17
    Nittany Lion
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    Quote Originally Posted by borntorunhot View Post
    Speaking of getting paid, I am 7 days into a withdrawal that was promised for 4-5 days then adjusted for 7-10 days. No sign of any money.

    I have written complaints to SBR, cannot even get a response.

    Are they supposed to help sports bettors or not?
    It took me 9 days to get my bitcoin withdrawal from 5Dimes so you prob just need to wait longer. Make sure to live chat them and make sure they don't need anything else, check your spam folder on your email account as well. Their payout email was filtered to there on mine.

    They kept on sending me emails asking for info, why don't they simply just send 1 email with EVERYTHING they want then when you respond you get a confirmation they got it. EASY to implement something like this instead of emails spread out over time.

    Their payout department is the most disorganized piece of shit I've seen. First they wanted me to send a copy of my drivers license which I did then I got another email days later asking me to confirm that they can fukk me and take 5% of my deposit which I was forced to agree to. Then I get another email to call in and do phone verification which I already did days after I submitted my request. Finally get an email to send them my bitcoin wallet address and I do right away then I wait a day and no response so I live chat them and they said they never got the email so I have to resend it and then they said they got it. Their system was clearly not built for mass payouts and they should have put something much easier in place for this, apparently whoever is in charge there has no clue.

  18. #18
    Optional
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    Quote Originally Posted by borntorunhot View Post
    I believe that SportsBook Review is failing its mission. What 5Dimes is doing with futures and parlays is criminal. They are stealing.

    Their rating worldwide should be dropped to a D, I mean now!! Not a suspension but a real drop.
    Quote Originally Posted by borntorunhot View Post
    I have written complaints to SBR, cannot even get a response.

    Are they supposed to help sports bettors or not?

    SBR has been working to try and get a fair deal for players here.

    It might make you feel better to just use a sledge hammer and seek revenge as #1 priority, but SBR does have to think of all the other players best interests.

    This news wire is no doubt another step in that process.



    Please forward a copy of your complaint form/s that haven't been answered to me.

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  19. #19
    DontTailMe
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    Quote Originally Posted by Optional View Post
    SBR has been working to try and get a fair deal for players here.

    It might make you feel better to just use a sledge hammer and seek revenge as #1 priority, but SBR does have to think of all the other players best interests.

    This news wire is no doubt another step in that process.



    Please forward a copy of your complaint form/s that haven't been answered to me.
    Obviously, emotions are running high because people are seeing their earnings and hard work be stolen from them, and there's nothing they can do about it.

    I do believe SBR has been trying to do what they can to influence the situation behind the scenes. The fact that SBR spoke out against 5Dimes' policy of freerolling futures and parlays practically from the beginning speaks volumes. I wish 5Dimes would do what is ethical here, but today's message from SBR Forum Lou is chilling.

  20. #20
    Defying
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    Quote Originally Posted by Optional View Post
    SBR has been working to try and get a fair deal for players here.

    It might make you feel better to just use a sledge hammer and seek revenge as #1 priority, but SBR does have to think of all the other players best interests.

    This news wire is no doubt another step in that process.



    Please forward a copy of your complaint form/s that haven't been answered to me.
    I officially have BOTH NHL Final teams to Win the Stanley cup. Both Pay over $3k. Can you help? As obviously it cannot lose.

  21. #21
    TheGuesser
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    Quote Originally Posted by Defying View Post
    I officially have BOTH NHL Final teams to Win the Stanley cup. Both Pay over $3k. Can you help? As obviously it cannot lose.
    That's heartbreaking if they screw you on this, Defying. A true test on their intentions going forward.

  22. #22
    RedApples
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    Again nothing about 5Dimes freerolling players by refunding bets for markets that they will not grade any winners for. Absurdity. At the very least call them out for what they are doing. Not grading out bets at currently value IS bad, but in turn they are SCAMMING by collecting losing bets for futures like to win NBA champ with teams eliminated, but only refunding pending bets.

  23. #23
    ronald
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    Has anyone inquired about the possibility of transferring pending futures wagers into a non-US 5D account of a friend?

  24. #24
    RedApples
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    If 5Dimes rating is really suspended, why are they an A+ here? Just sort by Canada.

    https://www.sportsbookreview.com/betting-sites/

  25. #25
    DontTailMe
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    Quote Originally Posted by ronald View Post
    Has anyone inquired about the possibility of transferring pending futures wagers into a non-US 5D account of a friend?
    I'd expect that request to be met with the same resistance as transfers to BAS. Because they know anyone asking for this believes they have accrued equity on their pending futures.

  26. #26
    MoonChild66
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    A total and utter disgrace

  27. #27
    Optional
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    Quote Originally Posted by Defying View Post
    I officially have BOTH NHL Final teams to Win the Stanley cup. Both Pay over $3k. Can you help? As obviously it cannot lose.
    I wish I could say yes.

    I was naive enough to think they had no need or desire to be this unfair, and everyone would be treated properly by the end. So not sure I have much idea what might happen from here.

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  28. #28
    pologq
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    Quote Originally Posted by pologq View Post
    i see the betanysports banner has replaced 5 dimes too
    at the top of my screen to the right of the SBR logo i see banners to click for the "top" sportsbooks
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  29. #29
    pologq
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    i am surprised 5 dimes is doing all of this as the time gets closer. i feel for you guys.
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  30. #30
    mtneer1212
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    If I were every player who has open future action, or are being screwed by 5dimes...... my strategy would be this: As soon as they attempt to go legitimate, i would file a lawsuit in US Court. I would include any partners they team up with in the US, as to make it as visible as possible, and make regulators look twice before licensing them.

    It might get dismissed, but if this happens by the dozens........ action could be forthcoming.....

    Imagine them partnering up with an NBA team, say the Lakers, then the Lakers get hit with dozens of lawsuits because of 5dimes..... it would at least get media attention, due to their association with a 'dirty offshore gambling' operation.
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  31. #31
    Roger T. Bannon
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    Quote Originally Posted by Shifty View Post
    This means they're also delinquent on their SBR advertising. Not good.
    This was funny. But possibly true.

  32. #32
    Foosball Champ
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    i have been waiting 11 days for the confirming email for my withdrawal. is that pretty much normal?

  33. #33
    Defying
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    Quote Originally Posted by Foosball Champ View Post
    i have been waiting 11 days for the confirming email for my withdrawal. is that pretty much normal?
    did you already do phone verification? if not call in and ask to complete that

  34. #34
    SBR Forum
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    Quote Originally Posted by RedApples View Post
    If 5Dimes rating is really suspended, why are they an A+ here? Just sort by Canada.

    https://www.sportsbookreview.com/betting-sites/
    I think you might have seen a cached view of the page.

    Quote Originally Posted by borntorunhot View Post
    Speaking of getting paid, I am 7 days into a withdrawal that was promised for 4-5 days then adjusted for 7-10 days. No sign of any money.

    I have written complaints to SBR, cannot even get a response.

    Are they supposed to help sports bettors or not?
    Your case is on our list. Sorry for the delay in getting back to you.

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  35. #35
    jedihyoju
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    Never like them in the first place and never played there.

    website looked out of date and customer service person spoke to me like she didn't get laid for a year

    hope you guys get your hard earned money from those slimy bastards

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