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5dimes is suspending US operations

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  • 5dimes is suspending US operations

    I entered my account and learned the news that they are suspending wagering 9/21/20. They are asking customers to request a refund of their balances by 9/25. Here's a link I found discussing the issue.

    https://www.legalsportsreport.com/44...re-sportsbook/

  • #2
    After reading your article, I went down the Tony 5dimes rabbit hole. Man what a crazy story. Either he pulled off one hell of a disappearing act, or had a tragic end to his life.

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    • #3
      I have been 5Dimes customer for years and have requested a redemption 2 days ago that has not been executed. I rely on off shore sites, given that I live in a state that has not authorized legal gambling as yet. I am looking for a replacement site that accepts deposits using a credit card and has a reliable redemption history. Any suggestions?

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      • mathemagician
        mathemagician commented
        Editing a comment
        I've been with bookmaker.eu for nearly 20 years. It's the U.S. version of BetCris, one of the more respected offshore entities.

    • #4
      I use BETUS.com for years, they also have great free contest...easy payouts

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      • #5
        Thank you Jimmy Jam. I appreciate you taking the time to reply. Best of luck!!!

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        • #6
          Does anyone know what they plan to do with funds that are already in play on futures? Only thing I saw was any funds not withdrawn would be transferred to a 3rd party to but didn’t say anything about funds in play already.

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          • #7
            Originally posted by Buckeyefan80 View Post
            Does anyone know what they plan to do with funds that are already in play on futures? Only thing I saw was any funds not withdrawn would be transferred to a 3rd party to but didn’t say anything about funds in play already.
            For the first night, they were allowing transfers to a book probably loosely related to them called betanysports.eu, and they allowed the futures to stand. Unfortunately they've ceased that, and it appears they are going to just refund pending futures that won't settle by Sept 25th. Some will get screwed by that, some will benefit.

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            • Buckeyefan80
              Buckeyefan80 commented
              Editing a comment
              Thanks. Looks like my futures are screwed.

          • #8
            I was a big fan of 5Dimes as I opened an account with $660 and it has grown to a balance almost 10 times over. They just cancelled my bet on Trump +155 for a nickle so I am a bit disappointed as I will never see those favorable odds again or allow me to hedge. Today I went 3-1 on the Pro's so tomorrow I intend on withdrawing everything. I can only hope I can get through on the phone lines and there will be no problem in getting a certified check. Guess I will open another Vegas mobile app besides my Stations App, but I will look to one who post early lines as I like to bet early. 5Dimes was great for betting early. If anyone is having issues withdrawing from 5Dimes I would appreciate a heads up.

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            • #9
              I requested redemption of funds the day this change was announced and have received payment. That payment was limited to $3000 which is their maximum withdrawal. I am waiting for potential grading of hockey/NBA futures this week to request the balance of my account. Fingers crossed on that one.
              I continue to look for a replacement site, given that I live in a state without gambling. My wish list is the they will accept credit card deposits, redemption is easy and reliable, and they have a lot of golf wagers.
              Jimmy Jam has given me a recommendation. Any others are appreciated.

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              • #10
                An update--I called 5Dimes this morning to request the free-fee payout and I waited an hour on hold to get through. The girl was very nice, but I forgot m PIN, though I had everything else. She waited while I had to create a new password and PIN, which took quite some time. The only problem I had is the free-fee payout is limited to $3000 unless you want to take it in Bitcoin. Therefore, I'm going to have to do this all over again. I guess from now on I will stay with the mobile apps here in Las Vegas.

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                • TARB
                  TARB commented
                  Editing a comment
                  Good choice, avoid all off-shore books where you have very little recourse about a dispute.
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