If you hang out in sports betting message boards you’re used to seeing a horror story or two. People claiming they get screwed by a sportsbook on a message board happens. Yet, there are more and more posts coming that show there might serious problems at 5dimes.
These accusations range from fraudulent credit card charges for the lucky ones. To at least one poor bastard that had to deal with actual identity theft.
Unfortunately it’s time for me to throw my hat into that ring.
My first issue occurred last year. I used a Visa debit card to fund 5dimes. The following week my bank contacted me to say they detected strange activity on my card. Someone in Europe was attempting an Uber charge. The bank blocked the charge and I didn’t lose any money.
At the time I considered myself lucky. This was the first time I had ever had a card compromised and I do a lot of online shopping.
A few months later it happened again. If you follow the MLB picks you know my loose picks need a sizable bankroll. This time I used my credit card to fund 5dimes. Much to my relief, my credit card went through without any issues.
A few days later my credit card company called me. Once again someone was attempting to use my card to fund an Uber in Europe.
Again they were able to prevent the scammers from getting any money.
Yogi Berra once said, “that’s too coincidental to be a coincidence.” That’s exactly how I felt with these two transactions and their proximity to 5dimes.
Others have accused 5dimes of being willing participants in fraudulent behavior. I can’t go that far. This could be as simple as updating the security on the site and internally with their employees. This might be naive on my part, but that’s how I’m approaching it.
This is not a call for anyone to boycott 5dimes. I am telling you that I’ve lost faith in their ability to protect any sensitive information. That means, until they enact some changes, I’ll never be able to withdraw those funds.
This is a call to make sure you do as much research as you can before you pull the trigger on any online sportsbook. Read the board and ask questions.
With that said, the folks over at SBR and their silence on these accusations is troubling. The perfect rating they’ve given 5dimes needs reassessment. At best, the silence on their part indicates they are too incompetent to provide the very service they claim to provide. At worst, well…
Other horror stories:
And a very troubling message: