I wanted to receive a payout from 5dimes. They told me I needed to provide them with copy of my credit card, a federal photo, ID, and a copy of an address proving who I was. OK.
Turns out my credit card is on fraud alert. I'm taking taxis in Hanoi and I stayed in Oregon at some motel. I getting around.
I realize that what I'm dealing with, but since this has happened to me I suppose it could happen to you. I would like to have a reprimand from Pregame to 5Dimes telling of this circumstance and that Pregame would appreciate that this sort of business cease.
I tried funding an account yesterday, but Chase denied it twice! Could've been I'm a Nevada resident, too. I don't know. It's now in the "too hard basket" somethings up.
Chase wont generally fund any offshore account..mine stopped working a few years ago--
The circumstance of fraud can't be attributed to 5Dimes--they are actually trying to protect you in this case to verify your identity--if you've been victim of cc fraud it could have originated almost anywhere
Someone had the same issue a while back. They posted this link to a Walmart Money Card.
Rule #1. Bankroll Management!
Rule #2. Discipline!
Are you trying to say 5dimes is responsible? I am confused. Identity theft type of crimes can originate anywhere.
If there were any kind of substantiation (is that a word?) wouldn't we have heard about it by now..here or on SBR???
You sent all the information one needs to steal an identy to an offshore account that is in a shady business at best and is illegal in the US, they even have your picture! Off topic but I have never understood why companies ask for the 3 digit "security code" when making purchases over the phone. If I have stolen the CC number don't you think I also looked on back of the card and got those 3 digits as well? Lowe's always ask for the last 4 digits of the card and I'm think "I just swiped the card in your reader so what security purpose does this serve?" They don't ask for ID.
The thing that makes me back off from 5Dimes is the fact they make it easier to fund the account and difficult to get a withdrawal. Maybe this is a common problem in the industry? You have to go thru this very scary verification process, copies of drivers lic., utility statements, and even a copy front and back of your Visa card! That's a set up for identity theft if you ask me. I asked them if I could verify my account prior to funding it, they said no. You'd think they'd welcome that. NO! If you use a credit/debit card IMO, there's too much room here to get taken down for identity theft as well as your bankroll.
I disagree. Bad sportsbooks make the industry shady not the industry itself. The verification itself is very short. If a credit card is used wrong you call reverse it. If someone uses someone elses credit card and withdrawals money it is lost forever. 5dimes is a great sportsbook. I picked up a withdrawal today that I requested yesterday. They are always helpful. It wouldn't be a smart business practice to steal credit card information when that is the primary source your company recieves money.
Also, when credit card info is stolen its usually via internet or a database not physically which is why they ask for the 3 digit security number. Obviously, it isn't there for a physically stolen credit card.
Seems awfully suspicious that it all occurred the same day I provided photo copies of my cc.