• 5dimes Payout Problems 2020
• 5 Dimes Payouts
• 5dimes Payout Problems Or Delays

Payout Methods Accepted At 5Dimes. There are as many withdrawal options at 5Dimes as there are deposit methods. 5Dimes is well-respected when it comes to delivering players their payouts within a reasonable timeframe, and there have been no major complaints regarding the reliability of their different supported options. 5Dimes currently has withdrawal methods that all have specific fees. 5Dimes has a larger Bitcoin max deposit at $10,000, but holds up payouts up to 4-5 days while they require a phone call every time to verify your information. Credit Card Credit cards are certainly easy to use at USA sportsbooks, as you probably have a half-dozen in your wallet right now. VISA card and electronic check can't be used for 5Dimes payout. Three 5Dimes cashout methods are completely free of use — bank to bank, sportsbook transfer, and 5Dimes payout Bitcoin. Payouts can also be accomplished through cashier check or bank wire, which aren't available for depositing. However, these will cost you a pretty penny. 5Dimes has one of the best records of payouts among all USA-facing gaming sites. Their website is crude and they don't market as much as their competitors, but the extremely easy payouts are a huge reason they're popular with experienced players. Personally, I've received every Bitcoin payout from 5Dimes within 24 hours of being requested.

The payout process of an online sportsbook is extremely important. Successful sports betting sites are the ones that have an efficient withdrawal payment system. 5Dimes Sportsbook is one of the betting sites that excels with payouts. Account holders routinely rate 5Dimes high across the board. It stems from the number of options + details that accompany paying players their winnings.

This is all about how to withdrawal from 5Dimes. There are aspects of the payout process that users should be aware of when choosing a legal betting site that takes real money wagers from Americans. How to withdraw winnings from 5Dimes plus things like withdrawal fees, payout limits (both min + max), and how long those payouts are going to take to get to users are covered within.

How Long Do 5Dimes Withdrawals Take?

The option chosen by the user will have a specific payout time. There is no general withdrawal time for 5Dimes users. They can take anywhere from a couple of days to a couple of weeks. Among the payout options include, prepaid cards, checks, debit cards, and money orders.

Players can select the prepaid card option or a Debit Card Funds Application - payment back to the debit card used to fund the account. Both center on card-transactions. A prepaid card payout takes between 3-4 business days to receive and these are among the fastest sportsbook payouts found at 5Dimes' online sportsbook.

A check + money order withdrawal takes 5-10 business days to be received. These options are longer but might work best for players depending on the specific circumstances. With 5Dimes offering many different methods, it ensures the likelihood that an account holder will be satisfied.

5Dimes Withdrawal Options For 2014

5Dimes is right at the forefront of payouts for the year 2014. The betting site is making a hard push at debit card payouts and prepaid card payouts. In fact, they've released a unique prepaid card just for 5Dimes account holders. It's called the 1500 Club card. Deposits + payouts can be used with this card. But outside of the 1500 Club card, the DCFA card + the more than 170 companies offering accepted prepaid cards for 5Dimes makes this website one of the most impressive.

Bovada Payout Methods	Min.	Max.	Average Time To Get Paid	Withdrawal Fees	Available To USA?
Check Through Courier	$1,000	$3,000	Avg: 2-3 Weeks	$40-$150 Per Check
Money Order	$1,000	$9,500	Avg: 2-3 Weeks	Up To $80 Per Transaction
Cash Wire Transfer	$100	$2,500	Average: < 48 Hrs.	Up To $110 / Transaction
Debit Card Payment	$100	$2,500	Average: < 1 Week	From $20 Up To $60 Each
Bank Wire Transfer	$500	$10,000	Average: < 2 Wks.	Between $45-$75 Each
NETeller	$50	Varies	Average: < 48 Hrs.	1 Free / 30 Days ($15)
Instadebit	$50	Varies	Average: < 48 Hrs.	1 Free / 30 Days ($15)
Skrill	$50	Varies	Average: < 48 Hrs.	1 Free / 30 Days ($15)
Click2Pay	$50	Varies	Average: < 48 Hrs.	1 Free / 30 Days ($15)

5Dimes Withdrawal Policy

5Dimes has specific rules for users to withdraw from accounts. The process is simple, requiring a payout request. The request is reviewed and approved within 24 hours. The selected method will be applied to the user's account in coordination with the parameters set down by the sportsbook.

In accepting a payout method, the user also accepts the variables that come along with it. This includes attached fees, withdrawal limits + the time it takes to be received.

5Dimes Withdrawal Fees

5Dimes allows users to receive a free payout every 30 days. For those users that do not request a withdrawal sooner, they will never have to pay a fee. When comparing the potential fees, this can save users a lot of money.

There are two types of sportsbook withdrawal fees. 5Dimes has both of them. Flat fees are the most common at 5Dimes. This is a pre-determined fee for a specific withdrawal option. The other is an escalator fee. This fee can go up or down depending on the amount of money that is withdrawn.

A money order ($80), prepaid card ($25), and 1500 Club card ($40) are attached with flat fees. Checks, DCFA, and wire transfers come with escalator fees. Players can consult 5Dimes customer service as they move to make the withdrawal for these methods.

5Dimes Withdrawal Limits

Limits vary by method at 5Dimes. This is very common. Players should research the different sportsbook withdrawal limits associated with each payout method prior to making a decision. This is for a couple of reasons. First, it ensures that the selected payout falls within the limits. Second, it verifies there are no higher fees being paid than if another method had been chosen based on an equal amount.

Check amounts can go up to $4,000, but start at just $40. A money order payout is acceptable between $1,000 and $9,500. This is the highest limit on site. Prepaid cards can go up to $2,500, but if more than one card is purchased that amount can increase. The DCFA begins the limit at $15 and goes up to $2,500.

As you can see, the majority of 5Dimes withdrawal options allow for a wide disparity in payouts. This is arguably the best set of payouts users will find.

5Dimes Withdrawal Issues

5Dimes customer service is there for any player that has a problem during the payout process. As one of the best online sportsbooks, 5Dimes has an impeccable track record of paying players out with no problems. 5Dimes is thorough with each payout, requiring certain forms to authenticate the account holder's identity. This is for the safety and protection of both 5Dimes and the user.

For direct answers to question surrounding payouts, we invite you to check out 5Dimes homepage directly to get your answer. There are multiple ways that the website can be contacted, including through the phone, email, and they also provide live chat support on-site.

Posted by admin on 22 July 2014 in Betting Sites News

www.5dimes.eu is the most popular online sportsbooks servicing the US market. Prior to December 2012 they had long held an A rating on our sportsbook ratings guide. Our then most honest competitor Bookmakers Review had given them the second highest rating possible (4.5 of 5). Multiple years in a row they were voted best sportsbook in the annual SBRForum.com poster’s poll. The point: this is a sportsbook that for nearly 2 decades most players value and trust.

On 28 December 2012 we posted an article on this same URL you are visiting now involving a 5Dimes player dispute. For archive purposes this page still contains details of this dispute that caused 5Dimes to spend 18 months (December 2012 until 22 July 2014) rated B on our rating guide. We are the only sportsbook review portal that published details of this dispute and for 18 months had their rating lower over it. The one other site that ruled on it, who is granted is likely highly biased towards them, was SBR who sided with 5dimes. SBS has now decided we will no longer link to this article outside the news section and after 18 months having it lowered we have restored 5Dimes to a rating of A. We are however not hiding this decision at all. We have bumped it in our news section to first article, giving players plenty of time to see this message and it will always be archived in that section.

The reasons behind our decision are many, but over all the years they have operated as a large sportsbook that does huge volume, this is the sole dispute we felt was noteworthy. This site offers many more markets than their competitors and most often at far better odds. For outright markets, F1 races, golf bets, tennis bets, match ups, props, moneylines on big favorites or large underdogs on major sports and so many other markets it is not possible shopping all sites to find better than what 5Dimes offers for markets and odds. They also cover markets that no other US friendly sportsbook does. In short this website is all about delivering players the absolute best value and product.

5Dimes does not take advantage of recreational gamblers offering them poor odds the same way most their competitors do. They are also good for poker, and have a casino that pays higher than any other casino in the world. For example at American Roulette, odds/even, red/black, high/low pays 1.09 to 1 instead even money. Pai Gow poker pays 1.02 to 1 instead of 0.95 to 1 and the list goes on and on. 5Dimes gives players by far the best odds on every product, and all players who don’t benefit from mistakes, or cheat them, get paid timely anytime they request a withdrawal. It is a considerable disservice to have players visiting other books where they will lose money faster or win far less with because those books are rated higher, while 5Dimes has a near perfect track record. This is why despite the potentially serious dispute their rating has been restored.

5Dimes Confiscates $32,563.09 and Threatens Further Collection (Archived)

The original dispute involved a complaint where a player had $32,563.09 confiscated and was threatened with additional collection. The original forum threads he brought the dispute to and their discussions can be found in threads Dan711 vs 5Dimes (2+2) and Dan bouton vs. 5Dimes (SBR). This report uses information found in both these threads to archive that dispute.

5Dimes vs. Dan777 (Dan bouton) Details

A played named Dan claims to have opened an account at 5Dimes around October 3, 2012. He made three deposits over a short period of time totaling $885. On October 9, 2012 he staked $0.57 on a progressive pleaser that had an incorrect pay table. Winning 5 out of 6 paid 7000-to-1 instead of the 70-to-1 it was intended to pay. This was one of dozens of pleaser bets he placed where option 5 out of 6 had an incorrect payout. It was however the only of these bets which he won.

Dan claims to be new to online sports betting. Suspecting this pay table was likely an error he began reading forums about how sites handle bad lines. Feeling his bet would likely be void if it was a mistake, he called 5Dimes to inquire about the pay table. It is important to note he did this while the bet was still pending and specifically stated he thought their pay table was wrong. He was told by a 5Dimes rep the pay table was correct. Still skeptical he asked to speak to a manager. A second person, this one Dan believed was a manager, also claimed the pay table was correct. This bet won and Dan was paid $3990 in winnings instead of $39.90 he should have been paid.

5dimes Payout Problems 2020

Dan continued to wager at 5Dimes running well and cashed out $10,840 while still holding an account balance. He claims ALL of his future wagers were on legit lines. He received no other winnings from incorrect odds. Dan had an amazing run winning over $25,000 legitimately during Week 11 of the 2012 NFL season. This was several hundred legit bets and more than a month after he was overpaid on his winning pleaser bet. At this point his account balance was $32,563.09. The excitement of his biggest winning week was ended when he found his 5Dimes account locked right after this win.

Dan then spoke to 5Dimes General Manager Tony Williams for the first time. The chat was not friendly as you can see from the log below.

In the log above you can see 5Dimes General Manager Tony Williams takes the position that he is not only confiscating the $32,563.09 but he is voiding all of Dan’s action period. He demands Dan returns the difference of $885 in deposits and $10,840 in payouts. He threatens collection.

Tony later alludes there will be no arbitration offered and that rulings (such as SBR) do not matter to him. He continues to make threats of collection.

Even after 5Dimes own rules were pointed out, Tony still makes threat of collection telling a player he should be packing his bags (which can easily be interpreted as the threat of physical harm).

5Dimes Rules Cover How To Handle This Dispute

Remember: Dan attempted to report this error and was told it was correct. He asked for a manager and was told again that it was correct. He then wagered for more than a month making hundreds of wagers. It was only after a legitimate lucky weekend that this was detected and his account was closed. 5Dimes rules do however seem to cover in detail how this dispute should be handled. Below are screen shots from their rules page.

Relevant 5Dimes Rule #1

Relevant 5Dimes Rule #2

Relevant 5Dimes Rule #3

5 Dimes Payouts

IF the facts are exactly as stated: the rules seem to imply correct way to handle this is to deduct the $3950 over-payment from the $32,563. This means Dan is owed $28,613. If 5Dimes General Manager Tony Williams disagrees then wouldn’t it make sense the player is owed a mutually agreed upon fair arbitration over the disputed balance? In this case though 5Dimes is located in Costa Rica where regulation is non-existence and recourse next to nil so thus Tony Williams holds all the cards.

SBR Provides Player No Assistance

For many years self-proclaimed industry watchdog SportsBookReview.com (SBR) is where players go when they have a dispute with an online sportsbook. For the past 5-years their dispute analysis known as Justin7 has been their most respected authority on player vs. sportsbook disputes. His real name is Elihu D. Feustel. He authored the book Conquering Risk: Attacking Vegas and Wall Street. He is a former Pinnacle Sports employee, a licensed US attorney and has likely handled well over 1,000 sportsbook disputes.

5dimes Payout Problems Or Delays

In the SBR thread Dan started to report this 5Dimes complaint, Justin7 chimed in (post #51) and posted:

6 days after Justin7 made the post above Dan commented on it (post #256) in the 2+2 thread.

Of course if you read both threads you will see SBR was not interested in this dispute. About a month after this Justin7 offered SBR his resignation. I asked him several questions in a Roughing The Punter thread (update: that forum is now offline). One of them related to 5Dimes to which he answered:

So it is the opinion of the man who has handled more complaints than anyone else: it was not handled correctly, but he was unable to comment on that due to SBR instructions.

SBS thoughts: There are many players that side 5Dimes in this dispute. To quote one of them Thremp had posted the following his blog.

Occasionally I read something written by someone who is retarded. Not in the sense of being born that way, but a self-imposed retardation born of ignorance and arrogance. Here is a good example. It isn’t difficult to understand how a bet of +7000 could be mistakenly interpreted as 7000-1 and punched into the odds sheet. Holding a book responsible for every single typo (or the player) would be ridiculous.

5Dimes actually clearly makes this argument: “5Dimes reserves the right to reverse the incorrect application of funds into an account due to human or system/software error. Funds that were not intended to be credited into a customer’s account will be reverted upon discovery of the inaccuracy.”

Defending angle shooters is one of the worst things that many people do to harm their reputations without even realizing they’re abetting unethical behavior.

This is not a sole example, many regulars sided 5dimes while many others took very much the same position as Justin7. There is of course certain players that will ALWAYS side player. We at SBS generally favor trusting trustworthy books with good track records but do take player disputes seriously.

Now in case anyone reading feels that our upgrade of 5Dimes to A is financially motivated, we should note that our website SBS is founded by the only active moderator at the sports betting sub forum of the largest gambling forum 2+2. Over there he recommends 5Dimes consistently to players and has done so right along without pause, and at 2+2 has not an ounce of financial incentive to do so. What it comes down to is this:

Rereading this 5dimes dispute, in retrospect, the short is that one player made a lot of money being paid 7000-1 instead of 70-1, but was in a great position to benefit due to rules seeming to imply his future bets should stand. We have no doubt that 5Dimes General Manager Tony Williams was beyond heated that what he viewed as an angle shooter had cashed out $10,000 in profit due to a mistake. We can certainly understand him being so and also do understand his actions. Considering 5Dimes has an otherwise spotless track record and offers the best value in the industry, 18 months later it seems silly not to restore their rating to A. Thus this is what we have done.

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