5dimes Sportsbook Review
5Dimes has been in the sports wagering business for a long time. They have been accepting your internet wagers since 1998.
5 Dimes Review: Final Verdict. All in all, 5Dimes has a great sports betting section, and they have awesome live betting odds and betting options. It makes a great platform if you are solely looking to start sports betting. Although the 5Dimes sportsbook might not have the flashiest graphics, don’t let that fool. Our systematic process for the 5Dimes review showed us they are a top sportsbook in terms of customer service. Bovada Sportsbook Review BetOnline Sportsbook Review 5Dimes Sportsbook Review GTBets Sportsbook Review SportsBetting Sportsbook Review Nitrogen Sports Sportsbook Review Sportbet Review VietBet Review Youwager Review.
5dimes Important Update – 9/8/2020 we learned that 5Dimes is leaving the US market for the time being. We do not encourage anyone to deposit or wager there at this time. Futures bets are being cancelled and or refunded where applicable. If you have a balance with them you have until the 25th of September to get your money out.
5Dimes Review for Historical Reasons
5Dimes has early-morning lines; 5Dimes is known for posting odds before any other gambling site, so if you like to get a leg up on other bettors, make 5Dimes your home for sports wagers.
Sports Available for Wagering
5Dimes is a sports wagering site, so don’t expect prop bets on reality TV or commodity futures. They have a wonderful selection of sports available for US bettors, including the following:
- Pro & College Football (5dimes tops many of our toplists for NFL 2018 including best place to bet the favorites.
- Pro & College Basketball
- MLB Baseball
- Olympics (when in session)
- UFC/MMA
- Hockey
- Tennis
- Cricket
- Rugby
- Darts / Snooker
- Horse Racing
- Soccer (FIFA & other Clubs)
- Motor Sports (NASCAR)
- Boxing
- Golf (PGA & Other Leagues)
Okay, so you may not be able to vote on who gets kicked off your favorite reality show, but the betting options are good enough for the vast majority of American-based sports punters.
Betting Types That Are Available
We like the variety of betting types, including prop bets on pro sports (such as which NFL team or teams will or will not make the playoffs, along with other sport playoff props), and points spreads on literally every D1 and D2 college football and college basketball games. Lines on D2 basketball games are hard to find, but 5Dimes has you covered. 5Dimes also makes teasers available at a rate of up to 20 points for football and 16 for basketball, though parlays are not yet part of their betting options.
Bonuses
With no VIP or loyalty program, it may seem like 5Dimes is a slouch when it comes to bonuses.
But in reality, you get to take your pick of lots of different bonus plans: a reduced juice offer, a cashback program, or a more traditional sportsbook bonus offer.
If you are a regular bettor we recommend the reduced juice plan. (screenshot above).
You can bet with lower juice than anywhere else if you choose this option.
Otherwise, you can choose from either a 20% or 50% free-play bonus for all sportsbook action, depending on the size of your deposit, and this offer comes with promises of future reload bonuses.
Be aware that reloads are only available on deposits over $250.
This option is best for people who place lots of bets and deposit large amounts of money.
The 5Dimes cashback offer is worth 15% cashback on all of your sportsbook losses two times a year.
You have to request the rebate!
- Once before the Super Bowl
- and once before the start of the NFL pre-season
There are other details attached to the cashback program, so read the terms and conditions before you pick this version.
Bettors that put down a large number of wagers may prefer the reduced juice option, which cuts you out of the flashier bonuses and rebate offers.
However, reduced juice does save you money on a day-to-day basis, since you’re putting less cash in the book’s pocket for each bet.
Deposits & Withdrawals
5Dimes accepts customers from around the world, so American gamblers need to look for methods that are legal and available to US bettors. These include:
- Person to Person transfers
- Money Orders by mail or courier
- Cashier’s Checks by mail or by courier
- VISA / Mastercard (available to some American residents)
- Sportsbook Transfer
- Account to Account Transfer
- Bitcoin
5Dimes is the first main stream online sports betting site to begin accepting bitcoin for deposits. They convert will the bitcoin to USD as soon as you make the deposit.
Are USA Players Allowed to Wager at 5Dimes?
Yes, 5Dimes is open to bets from Americans, no matter what state they’re from. Remember that the US government isn’t interested in arresting individuals who bet on sports, only sites that operate illegally on US soil. If you live in the USA, you can wager at 5Dimes.
Where Does 5Dimes Get their Odds?
Like other top-notch sportsbook sites online, 5Dimes writes their own odds, with input from the lines appearing from Vegas, Atlantic City, Macau, and other big jurisdictions for sports betting. You’ll have a hard time finding arbitrage betting chances involving 5Dimes, since they try to set their lines close to their competition.
What Are the Wager Limits at 5Dimes?
5Dimes has a wide range of bets, though it depends on if you’re placing bets on the phone or online. Online bettors can wager as low as $.50 up into the thousands per contest, while phone bettors must bet at least $25 on parlays and $50 on all other bets.
What is Juice?
Well, to explain it best, let’s get the info straight from their website:
The industry standard for juice requires a player to normally risk $110 for every $100 they would want to win on a wager. With 5Dimes Reduced Juice a player risks less and wins more. 5Dimes has the widest variety of Reduced Juice options saving you money every time you bet. 5Dimes players can bet reduced juice on NFL, NCAA football, Canadian Football, NBA, NCAA basketball, WNBA, MLB, NHL, grand slam tennis, PGA golf, boxing, MMA, and special events.
5Dimes Reduced Juice offerings on football and basketball include 10-cent moneylines, 10-cent sides and 10-cent totals (-105 pricing). When wagering at -105 odds you are wagering $105 to win $100. This equals a discount of 50% when compared to standard -110 odds.
5Dimes has made the MLB 5-cent overnight money line famous. These lines are available overnight until 8:00am ET. Our 10-cent run lines and 10-cent totals on MLB will be available overnight and through game day right up to the first pitch of every regular season game.
Reduced Juice offerings are available in straight wager format and these lines are generally posted on the day of the event. Parlays, If Bets, and Rolling If Bets are NOT available using Reduced Juice lines.
New Player deposits from $100 to $400 will receive a 50% Free-Play Reward, up to a total of $200 in Free-Play. Here’s the Plus… if the deposit amount exceeds $400, and is up to $2000, it will also qualify for an EXTRA 20% Free-Play Reward. That is up to $520 in Free-Play Rewards!
First Deposit Amount | 50% Reward | 20% Reward | Total Free Play Reward Applied |
$100 | $50 | – | $50 |
$400 | $200 | – | $200 |
$500 | $200 | $20 | $220 |
$1000 | $200 | $120 | $320 |
$2000 | $200 | $320 | $520 |
With this offer you are able to receive up to $500 in Free Play to use in the 5Dimes Sportsbook.
The amount of your reward will be based on the amount of your reload and you can make the reload using any of the payment methods available. There is however a minimum of $100 and a maximum of $2500.
The Free Play Reward equals 20% of the reload amount. Deposit amounts of $100 and $249 will have a fixed Free Play Reward amount applied of $40.
Your reward will be credited to your account incrementally based on the amount you have wagered.
The following types of play will not qualify toward earning this reward –
- Sportspools
- Casino
- Lotto900/9000
- Racebooks
- Live Betting Ultra
- Live Betting Extra
- Poker Rooms
3 Pros of Using 5Dimes versus an Actual Sportsbook in a Casino
Unless you live near a brick and mortar sportsbook, there’s no comparing the convenience of the online wagering game. In America, betting on sports is mostly only legal in Las Vegas and Atlantic City, a decent roadtrip or chunk of airfare for most US gamblers. Here are three pros of using 5Dimes versus real sportsbooks.
- You can bet on sports in your underwear. No one can see you. No need to get dressed up.
- The lines are basically identical to what you’d get in Vegas.
- Bonuses and promotions available at 5Dimes simply aren’t an option at traditional sportsbooks.
5dimes Sportsbook Reviews
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For sports betting fans around the world, finding a reliable online sportsbook can either be very easy or very costly or sometimes both! Making the wrong decision on which online sportsbook to invest your money with can not only cost you a ton of money, it can cause you major headaches! I think we can […]For sports betting fans around the world, finding a reliable online sportsbook can either be very easy or very costly or sometimes both! Making the wrong decision on which online sportsbook to invest your money with can not only cost you a ton of money, it can cause you major headaches! I think we can all agree that winning large bets and never getting paid, is neither fun or exciting!
This is why we have made this article to explain to you what to look for, online sportsbooks that we feel are reliable and those that have their issues.
Sportsbook Review List
Choose the Right Online Sportsbook
Before you sign up for an online sportsbook, you need to ask yourself a few simple questions. What will you be wagering on and does the sportsbook I am considering, have this type of wager. If you are a football player in the fall/winter and enjoy playing the prop plays, find out if your online sportsbook has that type of wagers.
Don’t just assume that the sportsbook will have those types of wagers because the reality is that not all sportsbooks hold that type of wager. Therefore you want to make certain that you do your due diligence and find those sportsbook that take the type of wagers that fit your betting style.
How Long Has the Online Sportsbook Been in Business?
One of the first questions you should want answered when picking an online sportsbook is “How long has the online sportsbook been in business”? Mostly all online sportsbooks will list their information in the ‘About’ section of their website. Some will say it in the ‘About’ section and other websites will say it on the front page footer of the website.
Now, one thing to watch for is online sportsbooks that stretch the truth. Many online sportsbooks will want to embellish the date to make it appear that they have been around longer than they truly have. Some terms to look for are, “We’ve been in the business”, “Our staff has been in the business since” and “we have over 20 years of experience in the business”.
When companies say these type of statements, that doesn’t mean that the actual company has been in business, it simply means that some people that work for that company have been in the business for that amount of time. Use caution with those types of companies and don’t get suckered into believing they are more experienced than they truly are.
What Is Their Reputation in the Online Sportsbook Industry?
All though you shouldn’t rest your head on this, finding out an online sportsbooks reputation in the industry is fairly important. The old saying, “Where there’s smoke, there’s usually fire” is true somewhat in online sports betting. If you do a easy Google search on a company and see complaint after complaint and a majority of the complaints are on the same topic, you should walk the other way…scratch that, you should run the other way!
If you are seeing article after article and they all say the same thing, then chances are the company has issues and should not be trusted. There are a ton of options out there, why risk it with a company that has constant complaints?
Does Your Online Sportsbook Have a Mobile Platform?
5dimes News
This was not as important in year’s past but nowadays, we all like to wager on our mobile devices. Therefore, you want to make certain that your online sportsbook has a mobile platform that will allow you to wager anywhere, at anytime!
Does Your Online Sportsbook Have a Live Betting Option?
Once again, this is something that is rather new as Live betting hasn’t been around very long but it is a great option to have in your betting toolbox. If your online sportsbook doesn’t have a Live Betting option, chances are they are behind the times and I would suggest you avoid them.
Are You Able to Contact Customer Service?
Any reliable company will have the ability to contact Customer Service. It doesn’t matter if it is a simple email or a telephone number, you want to look for companies that make their Customer Service available 24 hours a day, 7 days a week so that when those difficult issues arise, you can get on the phone or a chat window or email and have someone readily respond to your concerns.
Live Lines 5dimes
What Deposit Options Are Available?
When you are looking for an online sportsbook to sign up with, one of the most important items to consider is how you will make a deposit? You want to make sure you check to make sure that you are able to make a deposit.
First off, if you do not already have Bitcoin, you should seriously consider starting to purchase Bitcoin. Bitcoin is truly the future of sports wagering as it is a digital currency that is accepted around the world and many of the online sportsbooks. Bitcoin affords you the opportunity to make deposits, as well as get paid from, various online sportsbooks in a complete anonymous manner that is safe, secure and discreet.
Now, if you choose that you don’t want to use Bitcoin, and want to use a major credit card, there are a few things to consider. First, many local banks will not allow international charges as a safety measure on your bank account. That means you will not be able to use those debit card Visa and Mastercards.
That does not mean you can’t use a credit card, it simply means you need to double check with the bank to determine if they will allow international and charges that are not native to the United States. If you find that you can’t use any of your credit cards, one other option that you can use is by purchasing a prepaid credit card at your local grocery store like Walmart, Target, etc. Using a prepaid credit card will be a little more expensive and is truly not recommended but it is a last ditch option if all else fails. Please keep in mind that if you do choose this route, you will need to keep that credit card because if you win, most online sportsbooks will prefer to refund the initial amount onto the original credit card that was used.
There are also other options that should be available to you such as person-to-person money transfers, checks, and money order deposits.
Do You Get a Bonus for Signing Up?
No matter if you’ve been in the sports betting industry for a month, a year or 10 years, we all like getting free money so when you are signing up for a new online sportsbook, you should definitely look for the best options available for bonuses.
5dimes Review Forum
A majority of online sportsbooks will offer you some sort of bonus structure as they are trying to earn your business! They all know that they are in a tough, competitive market that relies heavily on giving out bonus money to build their clientele. Don’t leave that extra money on the table. Look around and find what is best for your pocket and get your best bonus.
5dimes Sportsbook Review Forum
How Long Does It Take to Get a Withdraw?
One of the best feelings in the world is cashing that big play and double or tripling your money. But with that being said, one of the worst feelings in the world is finding out that it can take you 3 weeks to get your money that you have just won!
5dimes Live
Before you join with any online sportsbook, find out exactly how long it will take to get your money! If you have to wait several weeks to get your money, look elsewhere. It shouldn’t take you a month of Sunday’s to get you winnings.