5dimes done with US market Sept 25th *Merged Threads*
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#981Comment -
#982
They want the real pros.Comment -
#983Also it seems that they are closing out parlays with unresolved legs by refunding the parlay rather than paying out a pro rated amount based on the legs won. I am happy for the people getting paid money that is in their accounts, but I'm more or less only concerned with the actual open fraud that is being committed.Comment -
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#985still waiting for email here (requested monday about this time so 72 hrs)
not too worried, just want this one to hopefully get processed monday, so i can request another one, and then have to time to request one more on the 22nd or so after the remaining futures get cancelledComment -
#986The current SBR landscape suggest that I should go perpetrate myself so we wont get help from them i don't believe.
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#988
So far it hasn't been taken care of. Had to email them today. Hopefully it will be resolved soon.
How can you ask for all of your funds if you can't even get a wager cancelled? Unreal.Last edited by TheMoneyShot; 09-10-20, 03:23 PM.Comment -
#989SEEMS LIKE A A+ SPORTS BOOK RATING TO ME!!!
Was told yesterday that it would be guaranteed taken care of yesterday (Wednesday).
So far it hasn't been taken care of. Had to email them today. Hopefully it will be resolved soon.
How can you ask for all of your funds if you can't even get a wager cancelled? Unreal.Comment -
#990
YALL GOT ANYMORE OF THOSE BULLSHIT RATINGSComment -
#991I mentioned this in the other thread, but I've always been able to log into Sportbet using my 5Dimes credentials and access and play under my 5Dimes under the Sportbet site logo. I don't see it as a separate site so much as merely a mirror.Comment -
#992Also it seems that they are closing out parlays with unresolved legs by refunding the parlay rather than paying out a pro rated amount based on the legs won. I am happy for the people getting paid money that is in their accounts, but I'm more or less only concerned with the actual open fraud that is being committed.
This is a travestly. I stand to lose so much equity. I'm willing to accept them refunding future wagers that haven't reached maturity yet, even if I've technically gained equity. But refunding pending/open parlays consisting of legs which have already been graded as wins is outright stealing. Those are legitimate winnings!Comment -
#993If you originally signed up with Sportbet (before 2008 merge with 5D) you get 107 lines (instead of 110) on your non-reduced juice bets. That's the only major difference.Comment -
#994Also it seems that they are closing out parlays with unresolved legs by refunding the parlay rather than paying out a pro rated amount based on the legs won. I am happy for the people getting paid money that is in their accounts, but I'm more or less only concerned with the actual open fraud that is being committed.Yes!!!!
This is a travestly. I stand to lose so much equity. I'm willing to accept them refunding future wagers that haven't reached maturity yet, even if I've technically gained equity. But refunding pending/open parlays consisting of legs which have already been graded as wins is outright stealing. Those are legitimate winnings!
If you have equity or winning bets that that have been graded but not yet paid you deserve the reduced parlay.
Are they just closing parlays without notice? Are they giving bettors a chance to bet into them and close them out before the 25th? Graded won bets should not be cancelled with the original stake refunded.
There is no change in events that warrant that kind of theft.Comment -
#995Also it seems that they are closing out parlays with unresolved legs by refunding the parlay rather than paying out a pro rated amount based on the legs won. I am happy for the people getting paid money that is in their accounts, but I'm more or less only concerned with the actual open fraud that is being committed.Comment -
#996In both scenarios they are outright stealing. There is no difference between the two scenarios. There's no way any reasonable person would be okay with having future wagers refunded that have gained equity, if wagers in the same market have already been graded as losses and will stay as losses. Grading pending wagers with legs already won is stealing, and so is grading bets as losses in a future market that have no potential winner whilst refunding open bets. In both scenarios you have the book not paying out anything for your wins (advancements in equity on the bet), but having graded your bet as a loss if and when it did lose.Comment -
#997This is easily worth an SBR complaint form in my opinion.
If you have equity or winning bets that that have been graded but not yet paid you deserve the reduced parlay.
Are they just closing parlays without notice? Are they giving bettors a chance to bet into them and close them out before the 25th? Graded won bets should not be cancelled with the original stake refunded.
There is no change in events that warrant that kind of theft.Comment -
#998This is easily worth an SBR complaint form in my opinion.
If you have equity or winning bets that that have been graded but not yet paid you deserve the reduced parlay.
Are they just closing parlays without notice? Are they giving bettors a chance to bet into them and close them out before the 25th? Graded won bets should not be cancelled with the original stake refunded.
There is no change in events that warrant that kind of theft.Comment -
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#1000Has anyone had future wagers refunded today or yesterday? If so when did you request?Comment -
#1001This is easily worth an SBR complaint form in my opinion.
If you have equity or winning bets that that have been graded but not yet paid you deserve the reduced parlay.
Are they just closing parlays without notice? Are they giving bettors a chance to bet into them and close them out before the 25th? Graded won bets should not be cancelled with the original stake refunded.
There is no change in events that warrant that kind of theft.
Again, we seem to be at the mercy of SBR and they seem to fully grasp the situation. What is being done about it is another story.Comment -
#1002In both scenarios they are outright stealing. There is no difference between the two scenarios. There's no way any reasonable person would be okay with having future wagers refunded that have gained equity, if wagers in the same market have already been graded as losses and will stay as losses. Grading pending wagers with legs already won is stealing, and so is grading bets as losses in a future market that have no potential winner whilst refunding open bets. In both scenarios you have the book not paying out anything for your wins (advancements in equity on the bet), but having graded your bet as a loss if and when it did lose.
If you think about it, this is another free roll situation. Any open or future parlays that we played and happened to have had a losing leg...we don't get those stakes back. But 5Dimes gets to void parlays which are still live?Last edited by DontTailMe; 09-10-20, 04:31 PM.Comment -
#1003This is so sad to read. They were once a great book. I've been out since the kidnapping.Comment -
#1004Don't get me wrong. I also have a problem with them refunding futures which have gained equity. I just see that as a losing battle. But parlays with graded legs have already been deemed wins and their value can literally be quantified down to the penny. There is no excuse for voiding bets which have already won.
Whether or not it is a losing battle is based on whether or not the situation is looked at properly and called out properly for being stealing and cheating. The two sides are literally the same exact thing. It's just that the open parlay you're saying 'pay me these odds that I've won on to prorate my bet' and no action the final leg, and in the other scenario you either need to no action the market just like the previous scenario, or you have to pay according to whatever the current value is of the bet. Which of course you could likewise advocate for on parlays with an open leg. You should be getting refunds on all parlays that have lost where the losing component was a market that will be cancelled.Last edited by RedApples; 09-10-20, 04:30 PM.Comment -
#1005Comment -
#1006Clearly there are still things, including bugs in this process that still needs to be resolved.
I honestly still have faith that the right things will be done here, but I simply don't know what kind of exposure they are dealing with here with all these futures, open parlays, etc.
There was some exposure that BAS was only willing to partially take, so that's something.Comment -
#1007In terms of stealing they are literally the same exact thing. In terms of quantifying current value, in one way it is easier to quantify the value of the open parlay, but that's not the issue. You are saying that by grading the final leg of the bet as no action, it is easy to quantify the value. Agreed. But that again would make the scenarios exactly the same so long as they grade the futures markets as 'no action'. That way, the entire market would be 'no action', and all bets on that market would be refunded. Yes, you wouldn't get a prorated price on your open bets, but they wouldn't be openly scamming as they aren't free rolling by gaining on the losses by not paying out winners.
Whether or not it is a losing battle is based on whether or not the situation is looked at properly and called out properly for being stealing and cheating. The two sides are literally the same exact thing. It's just that the open parlay you're saying 'pay me these odds that I've won on to prorate my bet' and no action the final leg, and in the other scenario you either need to no action the market just like the previous scenario, or you have to pay according to whatever the current value is of the bet. Which of course you could likewise advocate for on parlays with an open leg. You should be getting refunds on all parlays that have lost where the losing component was a market that will be cancelled.
I agree that the open parlay issue is equivalent to pending parlays for 5Dimes' purposes here, and that's why I continue to talk about them together.. All live legs should just be voided. The winning legs are games won fair and square, and the winnings simply won't be rolled over to another game BECAUSE 5DIMES IS CHOOSING TO LEAVE.Last edited by DontTailMe; 09-10-20, 04:39 PM.Comment -
#1008Clearly there are still things, including bugs in this process that still needs to be resolved.
I honestly still have faith that the right things will be done here, but I simply don't know what kind of exposure they are dealing with here with all these futures, open parlays, etc.
There was some exposure that BAS was only willing to partially take, so that's something.
It's too simple to miss. Hopefully they don't.Comment -
#1009This is easily worth an SBR complaint form in my opinion.
If you have equity or winning bets that that have been graded but not yet paid you deserve the reduced parlay.
Are they just closing parlays without notice? Are they giving bettors a chance to bet into them and close them out before the 25th? Graded won bets should not be cancelled with the original stake refunded.
There is no change in events that warrant that kind of theft.
$348k pending future parlay
i can only hope it is proven to be a fake ticketComment -
#1010I'm sorry. I misunderstood what you were saying. I thought you were equating open/pending parlay equity with equity gained on pending futures (e.g. Biden to win +1500 is worth more now than the $100 I spent on it last November because he has at least a 50% chance of winning now).
I agree that the open parlay issue is equivalent to pending parlays. All live legs should just be voided. The winning legs are games won and the winnings simply won't be rolled over to another game.Comment -
#1011I would like to hear from SBR whether we should be funding any of their sister books under these circumstances.Comment -
#1012tell it to this guy
$348k pending future parlay
i can only hope it is proven to be a fake ticketComment -
#1013The easiest way to explain it is as follows. Say you bet the Ravens to win the Super Bowl +600 before the season. They make it to the Super Bowl versus the 49ers who were +800 before the season. Right before the Super Bowl the Sportsbook says it won't be able to pay wagers for the Super Bowl and after, so they are going to need to give refunds for the Ravens & 49ers.
Some people will say, well it's hard to quantify the value of the Ravens and their opponent, so a refund makes sense. But the Sportsbook already collected all of the money for all of the other teams that didn't make the Super Bowl, yet are only giving you your money back on your bets. They literally made it so that you never had a chance to win, but did have a chance to lose.
That's what 5Dimes is doing here on all open markets that are due to receive 'refunds' without no actioning the market for all bets placed on it. Since they cannot pay out the Super Bowl market they either need to refund/no action every single bet placed on a team to win the Super Bowl, or pay a prorated amount to the teams remaining. It's pretty clear from the rules. Even clearer with common sense.
You can apply this to any and every bet no matter what kind. In the case of the parlay we're talking about now also, you either no action the final leg and pay minus the final leg (which usually happens due to the common nature of cancellations for single games in parlays), or you prorate the amount to the teams remaining (which would normally happen in the case of cancelled futures). Personally don't understand how one couldn't understand this but if you didn't I hope that was helpful.Last edited by RedApples; 09-10-20, 05:05 PM.Comment -
#1014tell it to this guy
$348k pending future parlay
i can only hope it is proven to be a fake ticketLast edited by DontTailMe; 09-10-20, 05:02 PM.Comment -
#1015tell it to this guy
$348k pending future parlay
i can only hope it is proven to be a fake ticket
From Rudy's link...
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Offered $350 for this ticket and said I would be lucky to get that. They are picking up shop and running with anything remaining of their reputation burning to dust. It’s nothing more than a scam at this point. <a href="https://t.co/XZ0dInMaf8">pic.twitter.com/XZ0dInMaf8</a></p>— Chris (@ChitownChris89) <a href="https://twitter.com/ChitownChris89/status/1303904009749659648?ref_src=twsrc%5Etfw" >September 10, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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