5dimes strange payout rule

[virtozo]

We received your Neteller payout request. However, this one has been rejected; in order to proceed with your withdraw we need to let you know of the following, customers who have not completed the mandatory two-time rollover will be able to cash out net winnings only, OR, you would be charged a 5% administrative fee on the withdrawal amount as well as the corresponding withdrawal fee of $15, this, if you wish to leave your account at zero balance.


so, to get a free payout i have to bet my deposit twince at odds even or more, what a bullshit!!! Never heard of such a rule at european bookies. Just avoid them if you are in EU!

[Gallin]

That's pretty standard on all european books as well, though most of them require you to rollover the initial deposit only once.

[virtozo]

yes you have to rollover once in europe but at any odds...at 5Dimes they count net winning only, so if you deposit & bet $100 @ 1.10 you have $10 rollover from 200 needed for free payout. in europe you can withdraw full 110. just costa rica crap as usual, never gonna use them again.

[BestPicks]

The rule is very much reasonale

[virtozo]

reasonable for US players.if i deposit 1000$ and win 500$ i am forced to place more bets if i want to get my deposit back...ridiculous.

[BranchDavidian]

yes you have to rollover once in europe but at any odds...at 5Dimes they count net winning only, so if you deposit & bet $100 @ 1.10 you have $10 rollover from 200 needed for free payout. in europe you can withdraw full 110. just costa rica crap as usual, never gonna use them again.

I don't think you understand how 5dimes computes roll-over. Just as most books, 5dimes uses the lessor of the risk/win value. So, if you bet $100 at odds of -110, you will have worked off $91 or $92 of your roll-over. Your net winnings would be $92.

[virtozo]

something is wrong with your calculation branch. anyway too much trouble, in EU you deposit, bet and if winner you can cash out, no calculation needed.

[Bill Dozer]

5dimes doesn't want hit n runs...people that shop all day, place a single bet on one of their minor markets that are popular with non-US sports players, and cashout. All 5dimes gets from that is fees.