That's correct, and one of the things I like about ABC. Almost all other places keep props at a nickle or less. Props are the easiest to beat as they get less attention and aren't updated like game lines.
ABC lines are on the SBR ticker, page 2. Also ties win on teasers there. As for sign-up info, it's been years since I joined, but what you mentioned doesn't seem out of line. Solid Book with dime props.