5Dimes Withdraw Policies

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  • laxbrah420
    SBR High Roller
    • 10-29-10
    • 210

    #1
    5Dimes Withdraw Policies
    Let me clear first, I like this book --but the ** withdrawl option is a bit misleading. After reading about slow instant deposit payouts, I was comforted by the fact that I could get ** payouts for free every 30 days on Mondays...Evidently, one must verify they aren't blacklisted in order to do this which means you need to make a ** deposit to the Philippines. This is perfectly fine, except that they treat this deposit as if you were a new member funding your account --$100 minimum and rollover rules apply. Despite the lack of intuition in this rule, they employ typical CS responses of "Sir, this is our policy, there is nothing we can do about it". Evidently, they can only process ** payments of at least $100. This seems strange to me --can they really not verify that I am not a blacklisted person should I attempt to send them $50? Why must I rollover money that is truly only being used for identification purposes?
    I cannot say that I'm pleased with their robot-like approach to accomodation.
  • djefferis
    SBR MVP
    • 08-16-08
    • 1197

    #2
    Really ?!? Your complaining about having to deposit and wager $100 with a 1x RO in order to receive a free ** payout ?!? It's not robot like..its common sense. It cost them to process deposits..and it is not cost effective to process $20 or $50 **'s..$100 isnt either really..but thats the minimum they can take

    Was not aware ** was FREE at 5Dimes on monday's now at 5D, but they have plenty of b2b options so dont use that method with them..but a free payout that typically cost between $50-95 is a huge advantage to the bettor. Add in reduced juice and wide selection and you complain because you need to send $100...what kind of bankroll are you dealing with ?

    Seriously, if $100 is too big of a deposit for you, perhaps you are better off playing locally than offshore (and by locally I mean the local grocery/convenience store buying $1 scratch off tickets)
    Comment
    • thespeculator
      SBR MVP
      • 09-09-08
      • 2999

      #3
      they are are very particular of atleast a 100 dollars, don't come up short of even a dollar, you will get warned
      Comment
      • laxbrah420
        SBR High Roller
        • 10-29-10
        • 210

        #4
        Originally posted by djefferis
        Really ?!? Your complaining about having to deposit and wager $100 with a 1x RO in order to receive a free ** payout ?!? It's not robot like..its common sense. It cost them to process deposits..and it is not cost effective to process $20 or $50 **'s..$100 isnt either really..but thats the minimum they can take

        Was not aware ** was FREE at 5Dimes on monday's now at 5D, but they have plenty of b2b options so dont use that method with them..but a free payout that typically cost between $50-95 is a huge advantage to the bettor. Add in reduced juice and wide selection and you complain because you need to send $100...what kind of bankroll are you dealing with ?

        Seriously, if $100 is too big of a deposit for you, perhaps you are better off playing locally than offshore (and by locally I mean the local grocery/convenience store buying $1 scratch off tickets)
        It's not a matter of $100 being too big for me big man, it's the matter that if withdrawing money requires that I put more money in, it feels a bit shady. I know they have a good reputation, but this doesn't make sense. Why would it cost them money to receive money? If I send you a **, I pay the fee and you pick up your cash right? How does the payout cost $50-95? It costs me $12 to send money to the Philippines...does the fact that they do a lot of this cost them money? If you're talking about administrative costs --paying people back for wagers is sort of implicit to the business...it's kind of absurd to pass on operational costs to the consumer.
        Again, I'm not worried about $100 or reaching a rollover...it's the fact that they fail to appeal to reason thats disconcerting...how small is your cock that you need to tell me that my level of participation in online gambling is so pitiful?
        Comment
        • laxbrah420
          SBR High Roller
          • 10-29-10
          • 210

          #5
          Just reread your post dude...what an asshole you are.
          Comment
          • ehp6737
            SBR MVP
            • 12-11-08
            • 4185

            #6
            Laxbrah you're being a little nieve on a few points. 1) A $50 W/U is not worth their time. Yes, they do have "processing fees" on their end to pickup the transactions. Granted you are paying W/U's fee on your end, but there is a process on the book's end as to how that transfer is picked up and the funds are appropriated. It's just like when you order pizza and you need to order a minimum $$$ amount or their not going to bother delivering to you, it's not worth their time. 2) It is industry standard at ANY BOOK that you must rollover your deposit atleast 1x in order to w/d it. Now, it sounds like you deposited one way (credit card, bank wire, or whatever) and now are trying to w/d in another manner. So you have to understand you might have to jump thru a few hoops to be able to do that. There is nothing shady about it. Keep in mind, if you deposited with **/** in the first place, you wouldn't be having this issue because you would already be "verified". Let me ask you this, if you went to Walmart and bought a TV with your credit card then went back a week later to return it do you think they would give you a cash refund or credit back your cc? So keep in mind businesses have protocol when you "purchase" in one manner and try to "refund" in another manner. 3) Most books don't generally profit from the ** fees they're charging you. Yes it might only cost you $12 to send $100 to the Phillipines. But that doesn't mean it cost someone in say Costa Rica the same to send back to the US. Fees are based on countries to/from and also $$$$ amount sent. It doesnt cost the same to send $100 as it does to send $700. I just sent a buddy $700 from PA TO NY last week and ** chrgd me $66. And that was a transfer within the US, not even international. Bottom line, just suck it up, do what you need to do and after this you'll never have to do it again as you will be "verified" with 5Dimes to accept **'s.
            Comment
            • laxbrah420
              SBR High Roller
              • 10-29-10
              • 210

              #7
              What are you talking about? The free payout has nothing to do with anything? This deposit is for verification purposes only...to establish I'm not on a ** blacklist. They could charge $5000 to withdraw using that method, and the logic that dictates that the money I use to verify my absence from a blacklist meet standard deposit requirements still remains completely absurd. That's great that theyre willing to absorb the cost after I deposit this way...I'm sure theyre very nice people-- But I don't trust anybody with my money that is so dense that they fail to see the difference between establishing minimum and rollovers to prevent gaming the system and what it is I'm trying to accomplish.
              Comment
              • laxbrah420
                SBR High Roller
                • 10-29-10
                • 210

                #8
                ...pretty sure that the reason walmart wouldnt refund me cash is that it violates the terms of their agreement with the credit card company because that would effectively be a cash advance. But that's sort of irrelevant...you're just plain wrong here again, as I deposited via my chase debit card and can in fact withdraw without crazy identification processes using other methods (i.e. Fedex check). My problem with 5Dimes isn't due to some failure/lack of service, it's due to a lack of common sense. If I deposit $1000 via debit card, roll it over $10k, have it up $2000 and want to cash out via **, it's completely ridiculous to tell me that it's not worth their time to have me deposit $1 to verify my identity and that they need me to bet $100 more...unless they think I'm leaving never to return...which now I most likely will.
                Comment
                • csm506
                  SBR MVP
                  • 07-10-10
                  • 1402

                  #9
                  Use a Walmart VC Debit Card works perfectly and request ** payouts the same.
                  Comment
                  • djefferis
                    SBR MVP
                    • 08-16-08
                    • 1197

                    #10
                    You come off as a complete whiner in this post.

                    Don't know you at all, don't know yor level of action, but seriously you give the impression you have no clue.

                    Your not dealing with a big company here, your dealing with former street bookies. They make the rules, not you. Don't like them, leave. Don't believe me...call 5d and ask for tony, my response is likely tame compared to what he might say.

                    I've played there, and they have been great. Perfect, no, but no offshore is. I'd take them hands down over anyone else out there right now.
                    Comment
                    • BookTaker
                      SBR Rookie
                      • 05-07-09
                      • 37

                      #11
                      Originally posted by laxbrah420
                      Let me clear first, I like this book --but the ** withdrawl option is a bit misleading. After reading about slow instant deposit payouts, I was comforted by the fact that I could get ** payouts for free every 30 days on Mondays...Evidently, one must verify they aren't blacklisted in order to do this which means you need to make a ** deposit to the Philippines. This is perfectly fine, except that they treat this deposit as if you were a new member funding your account --$100 minimum and rollover rules apply. Despite the lack of intuition in this rule, they employ typical CS responses of "Sir, this is our policy, there is nothing we can do about it". Evidently, they can only process ** payments of at least $100. This seems strange to me --can they really not verify that I am not a blacklisted person should I attempt to send them $50? Why must I rollover money that is truly only being used for identification purposes? I cannot say that I'm pleased with their robot-like approach to accomodation.
                      You probably spoke with a rep that had something stuck up his or her ***.
                      If you would have spoken with a friendlier rep they would have told you that you can still take the ** payout but at your own risk of the transaction being blocked and not being able to recover the funds. You can choose to take a ** payout instead and not worry about taking a risk of loosing the funds.
                      Comment
                      • Rollins08
                        SBR MVP
                        • 04-20-07
                        • 1337

                        #12
                        Booktaker, how did you find the 1 out of 50 reps at 5dimes that is friendly? Making you deposit 100 to make a withdrawal seems a little crazy to me. As far as i know if you are on a blacklist as a receiver the sender will get there money back. i know this because i have been given names to send to who were on the blacklist. I always received a refund. Trying to talk to 5dimes customer serviice is one of the most useless things in the world. They are all rude and never will go out of there way to help anyone. They can take you or leave you, and in my opinion it will end up costing them.
                        Comment
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