5Dimes Sportsbook Review
Sign Up Bonus: 50% Free Play
Approved SportsbookPros and Cons
- Open to U.S. players
- Massive number of markets
- Great reduced juice bonus option
- Excellent alternative lines
- Good for just about any sport available internationally
- Accepts Bitcoins
- Fraud allegations in the past
- Fees charged for some forms of deposits
- Some complaints regarding the conduct of customer support staff
5Dimes Ratings
Preview
Deposits and Payouts
Min Payout: $100
Max Payout: $2,500
Min Payout: No Payout
Max Payout: No Payout
Expert View of 5Dimes
5Dimes is an offshore sports betting site. Formerly a leader in the market, the site has had faced problems in recent times in relation to card transactions and fraud. Still, the site remains popular among regular sports bettors.
A note of caution on fraud allegations: 5Dimes has been accused of fraud as recently as 2017. Early last year, some users reported fraudulent charges appearing on their credit card receipts related to the site. The company behind the website has not issued a formal response to multiple fraud allegations. It should be noted that the fraud complaints were limited to credit card transactions and not Bitcoin payments.
5Dimes is known for having reduced juiced markets, offering varied betting options, and for fast transactions (at least in the past years).
About 5Dimes
5Dimes is run by a company of the same name based in San Jose, Costa Rica. The site mainly attracts players from all states in the U.S. thanks to reduced juice market availability. 5Dimes attracts international players and is regulated in several countries.
5Dimes has been in business since 1996. In its early decades, the site became massively popular as an offshore betting site. It was best known for paying winners on time and speedy transactions.
The website has a sportsbook, a racebook, an online casino, and an online poker room. The site allows users to bet on a massive number of markets.
- Open to U.S. players
- Massive number of markets
- Great reduced juice bonus option
The Website and Initial Impressions
The best of 5Dimes
Despite the recent allegations of fraud, longtime fans of 5Dimes still trust the site. The risk is inevitable when using an offshore betting website. Betting sites come and go, but 5Dimes has endured, which speaks for the site’s unshakable integrity.
It should be noted that players who use Bitcoins have not had any problems with fraud. So far, it’s only limited to players who rely on credit or debit card transactions.
The endurance of 5Dimes can also be attributed to the excellent odds the site offers. Users get access to almost all sports betting markets in the world. The site oddsmakers post the lines a lot faster than other sites of the same caliber, which adds to its popularity. The site posts NFL lines on Sunday night for games held the following week. For basketball, baseball, and football, lines are posted overnight.
The online sportsbook accepts both cheap and high-end bets. Players can place wagers as low as 50 cents or as high as $5,000. There is no maximum betting limit. Odds can change for maximum bets, but there is no limit on wagers. Small bets are accepted for major-league games as NFL, NHL, NBA, NCAA football and basketball.
5Dimes is a great site for U.S. players. The website also offers top-notch customer support 24/7 all year round. Pay speeds may have taken a hit in recent times, but remain high compared to other sites.
What You Should Know 5Dimes
The biggest issue facing 5Dimes is the fraud allegation mentioned above. Other than that, the site has few complaints and is overall well-liked.
One non-fraud related problem was a 2012 ruling against bettor, now known as the “Dan711 vs. 5Dimes” case. A 5Dimes head linesmaker named Tony allegedly threatened a player and confiscated over $32,500 from his account. The player was verbally threatened by Tony over customer support and had his account locked after a winning streak. However, the case was an isolated incident and no similar events have come to light so far.
Deposits and Withdrawals
Deposits: 5Dimes offers many deposit options to players, considering how e-wallets are now banned for American players. The site allows credit cards, debit cards, MoneyGram, person-to-person transfers, inter-book transfers, and account-to-account transfers. Deposits aren’t charged fees, except for MoneyGram transfers below $250.
Withdrawals: Players can withdraw winnings using checks or person-to-person transfer methods. Checks take about a week to process. The site charges up to $80 to process checks. Also, check withdrawals are limited to $7,500. Person-to-person transactions take up to 2 days to process and have a max limit of $450. Players can use bank wires to withdraw up to $9,500.
| Method | Deposit | Payout | Minimum Limit | Maximum Limit | Estimated Payout Time |
|---|---|---|---|---|---|
| Credit/Debit Cards | Deposit: $50 Payout: $100 | Deposit: $500 (ask) Payout: $2,500 | 3-4 business days | ||
| Courier Check | Payout: $1000 | Payout: $2,450 | 7 days (Fee $40-$80) | ||
 Bitcoin | Deposit: $25 Payout: $50 | Deposit: $10,000 Payout: $10,000 | 1 Hour (Ask for Payouts) |
5Dimes Sportsbook Bonuses
Players can choose a bonus option after opening an account with 5Dimes. The default bonus is a reduced juice payout. Do note that players can’t change their bonus option later.
In addition to the reduced juice bonus, there are dozens of other options players can choose from, such as match bonuses, reload bonuses, free payouts, and cash back rewards. However, the reduced juice bonus remains the most valuable.
5Dimes Sportsbook Betting Tip
When signing up, choose the reduced juice bonus. It offers the most payouts compared to other options. As players can’t change the bonus option later, choosing the reduced juice bonus at the start is more worthwhile down the line.
5Dimes Highlights
5Dimes attracts an array of international players, but American players are the most dominant. The sportsbook extensively covers North American sports markets of all kinds. The markets for major sporting events like March Madness and NCAA football are huge.
The site is pretty great for soccer betting, as nearly all worldwide leagues are available on the site. This includes all the top European leagues and the ever-favorite English Premier League.
5Dimes stands out for the sheer number of markets on offer. The site allows straight wagers, teasers, and parlays. In addition, there are tons of other options like futures, if-bets, team props, and action reverses. 5Dimes has more alternative lines than any other sports betting site available to Americannn players.
Customer Support
5Dimes offers customer support via live chat, email, and phone. Live chat support is the quickest to respond to inquiries and does so within minutes.
The user response to customer support is mixed. Players have complained of confrontational or negative responses from support, as highlighted in the Dan711 vs. 5Dimes case.
However, overall customer support is known to be above-average.
Conclusion
This online sportsbook offers a large and diverse array of markets to players as well as excellent betting odds. The site is particularly open to players in the U.S. Players can rely on customer support. Depositing and withdrawing money is easy thanks to the sheer number of options available.
5Dimes has been accused of fraud and picking fights with a few players. The fraud allegations should not be of concern to players who use Bitcoins. But those who use card transactions may need to be careful.
That being said, 5Dimes remains one of the best sports betting sites online. Many features of the website remain above average and players still flock to the brand.
5Dimes
General Info:
- UK, France, Portugal, Hungary, Ukraine, Costa Rica
- 1996
- Costa Rica
- Email, Phone, Live Chat
- English, Spanish
- Sportsbook, Live Betting, and Racebook
- Casino, Live Casino
