I sampled a number of different online sportsbooks before seeing 5Dimes constantly recommended by veteran bettors. After playing there myself, the sampling can stop. The Reduced Juice system is the crown jewel at 5Dimes. If you bet regularly, Reduced Juice will save you thousands of dollars per year. That fee is called the vigorish, vig, or juice. Sportsbooks aim to make bets even on both sides of games and simply get rich collecting the juice.
Almost every online sportsbook aimed at novice bettors posts every standard spread line odds at or worse. I found the average to be just about Aside from the occasional specialty bet like a first-half bet or a team total, I place every bet at 5Dimes through the Reduced section. When it comes down to it, the only two things that really matter to regular sports bettors are making the most money and being able to cash it out.
I might sound gushing, but what else can you say about something that makes that much of a difference in your bottom line? Their website is crude and they don't market as much as their competitors, but the extremely easy payouts are a huge reason they're popular with experienced players. Personally, I've received every Bitcoin payout from 5Dimes within 24 hours of being requested.
Yes, Bitcoin is actually the preferred method for both deposits and payouts at 5Dimes. They regularly offer larger promotions to those depositing with Bitcoin, the fastest payouts are via Bitcoin, and Bitcoin allows for higher cashier limits at 5Dimes than other banking methods.
No, however there isn't really a need for 5Dimes to have a mobile app. Simply log in to the 5Dimes website from your phone or tablet and you'll automatically be routed to the mobile site. You can easily make any sports bet on the mobile site and even play most of their casino offering. Although live betting has never worked very well on mobile, the redesigned Sports Betting Prime fares a lot better.
Even though it may not feel like it, 5Dimes is one of the most cutting edge sportsbooks when it comes to the release of betting lines and the number of lines offered. Aside from the obvious major American sports leagues, 5Dimes has lines from every country around the world and an absurd number of sports.
Soccer alone has lines from 50 leagues around the world, basketball has another 15, hockey another There are also tons of player and team prop lines on every game, with very specific lines available such as the first team to score 10 points. These are the specialty of some bettors who have built profitable models for partial-game action.
Not every sportsbook even offers these lines. The Other Sports section encompasses things like esports, cricket, rugby, and non-sports categories like politics, Oscars, and competitive eating truly. One of my least -favorite parts of 5Dimes is the confusing number of sports betting interfaces. I prefer the good old Sportsbook Main , which is reminiscent of an Excel spreadsheet.
More modern formats make you click to add a bet to the bet slip and then enter your wager. The Sports Betting Prime format is reminiscent of other modern sportsbooks and may be easier for some bettors to work with. Live Betting has become a phenomenon in recent years as the popularity of sports betting has intersected with our phones becoming an extra appendage permanently affixed to our bodies.
You can be sitting at a game, or out at dinner, or on the sofa watching a game, and get in a bet on a game in progress at 5Dimes. You might feel confident in how a game is going to play out from having watched it for a while or due to a key injury. Live betting odds are computed on the fly as the game plays out, so every play changes the odds. Savvy players even watch live betting odds to get better spreads on games they were going to bet anyway.
For example, if a heavy favorite basketball team goes down after tip, they might get their line dropped to -6 or better. They look slightly different, but both serve the same purpose. You can see live game scores and select spread, moneyline, or total odds on each. The biggest problem I have with 5Dimes live betting is that it often gives me errors when loading on mobile , which is probably the way most players will be live betting.
In-game betting on desktop still seems to work without issue. Here is what you can choose from as a new depositing 5Dimes player:. I detailed Reduced Juice in detail above, which gives you excellent prices of to for spread, moneyline, and total wagers the day of a game. This is similar to how most poker sites release their bonuses.
That makes it a 10x total rollover to see all your bonus money. Most sportsbooks credit you with your bonus money right away and then require you to roll it over before withdrawing it. That way, at least you can use the bonus money to increase your bankroll right away and use it for wagering.
You can use email, live chat, or telephone to do that. The Free-Play bonus can be claimed with reload deposits and you can also request it for use in the Match Play Casino rather than the sports betting section. The Cash Back Rewards system gives you a rebate of your 5Dimes losses. This bonus gives lines for both standard wagers and parlays. Since you already get this or better with Reduced Juice, the only 5Dimes players I could imagine this being useful for are heavy parlay bettors.
Again, keep in mind that if you claim any of these bonuses, you lose out on the daily Reduced Juice. The Point Mover Special gives reduced prices on buying points. I rarely, if ever, buy points on sports bets, which are largely akin to taking insurance in Blackjack. Even if you do, I doubt you buy points often enough to base your entire bonus around it.
Similar to the rebate on sports losses, this bonus does the same for 5Dimes casino losses. How random is that? This bonus is painful to think about. If you make 7 deposits at 5Dimes and lose them all without requesting a payout, 5Dimes will give you the 8th one for free. If you have to make a deposit by credit card, 5Dimes has been online for more than 20 years. They know their way around the payment processing charade and how to get money from US players.
As I do with every betting site these days, I deposited at 5Dimes using Bitcoin. I recommend Bitcoin to players at every turn, thanks to greater privacy, lower minimums, lack of fees, and inability to be declined. Bitcoin deposits at 5Dimes work just fine, with a standard system built into the cashier. Bovada credit my account as soon as I send them the Bitcoin, and 5Dimes has done that as well on some of my deposits.
Some of my Bitcoin deposits at 5Dimes were credited in minutes before they were fully confirmed on the Bitcoin network. You can only withdraw winnings from 5Dimes using Bitcoin if you use Bitcoin to deposit exclusively. The same goes if you make 3 Bitcoin deposits. The lesson here is that if you want to get normal payouts from 5Dimes using Bitcoin, only use Bitcoin for deposits as well.
The worries about payouts from offshore online sportsbooks usually fall into these two categories:. While anything is possible with the corruption incarnate that is the US government, 5Dimes has stayed operational for more than 20 years as a US-friendly sportsbook. The bigger sportsbooks have made a lot of regular bettors and winning players gun shy. My biggest dread was how 5Dimes would treat my first payout, which is usually the worst with sportsbooks — or any betting site for that matter.
Perhaps it helped that I had played for a couple of months at 5Dimes and wagered my deposit many times over, but 5Dimes sent my Bitcoin withdrawal in 22 hours after confirming my phone number. The actual Bitcoin withdrawal only took 22 hours from request to hitting my wallet, which is very good. Very few players are going to sign up at 5Dimes because of their casino. The table games are functional, but have very simple graphics.
A number of the slots look very dated, with many requiring Flash to play. The Match Play Casino is self-explanatory in that if you take a casino match play bonus, this is where you can use it. Each 5Dimes casino section has a slightly different game selection and interface. It just feels cluttered and unnecessary. Whenever I try, 5Dimes prompts me for a different login and I have no idea what it is. I tried using my main 5Dimes credentials and they failed. I used the Forgot Password link and I was never sent an email.
Although most players go to 5Dimes for sportsbetting, they have a surprisingly full-featured live dealer casino. Despite the slots and table games section being confusing, the live dealer section is well done , with live Blackjack tables regularly filling up to capacity. You can see a preview of your dealer before selecting a table. The Blackjack tables are usually filled or close to filled, which is fun. While these early lines are great for the serious sports bettor, the bet minimums are what attract the recreational gambler.
For only 50 cents, one can place a bet online at the 5Dimes Sportsbook! That said, we would wholeheartedly refer to 5Dimes any volume gambler that likes to place bets over a variety of different sports. Mobile betting over smartphones has become increasingly popular over the past few years. We rarely do any betting from our home computer. One can see what the mobile site looks like in the image to the right.
Even though 5Dimes did update their mobile platform, it still does not have a very friendly look on a mobile phone. The image shows exactly what the betting board looks like on a phone. We used to like to receive payment by check, but the high limit bothers us a little bit.
There is also the option to receive a bank wire which is available in USD currency. Though we are not fans of the limits for the more traditional method of payments, the payouts from 5Dimes are very reliable and customer service is easy to reach if there are any issues.
Most payout options are free on Mondays between 9am and 1pm EST. Pro: The lowest minimum bet of any sportsbook in the industry 50 cents. Pro: Incredibly reliable, very few complaints, have been around for a long time. Pro: Multiple bet types. Pro: Covers just about every sport on the planet. Pro: Very favorable odds. Posted odds listed very early. Con: They are not very big on player bonuses or promotions. Con: Not the flashiest sportsbook site on the web. We have had a variety of updates since that date and have listed them below.
Updated the Payout section with additional methods. Updated the mobile betting section.
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User accounts will be credited within 12 hours of delivery. When initiated 5Dimes will provide the customer with a Bitcoin address to send funds to. If the deposit is sent within 15 minutes of initiation the currency exchange rate at that time will be applied during the conversion to USD.
Deposits processed after 15 minutes will instead use the currency exchange rate available when depositing. Users can fund their 5Dimes account by transferring an existing balance from a participating sportsbook. The transaction will not count towards the transferring user's free monthly withdrawal. Payouts via check are processed within hours along with days transit time.
Customers may request one cashier check withdrawal every 7 days. If a user has already expended their free monthly payout the withdrawal fee will scale based on the amount of the check:. Users are permitted one person-to-person transfer per day with a limit of three per week. Payout via money order is only available to US customers. Processing time is hours with an additional 3 business days required for express transit. Users who exclusively deposit via Bitcoin will have no maximum limit on the amount that can be withdrawn at once.
Bitcoin payouts are free and will be processed in under 24 hours. After requesting a Bitcoin payout users will receive an e-mail requiring them to verify the Bitcoin address that the funds will be sent to. You must have device-based authentication enabled in order to request a cryptocurrency payout. Funds will require business days in order to arrive in the user's bank account.
Customers may request a transfer of their 5Dimes balance to another participating betting site. Transfers are instant and there are no additional fees. Users should contact 5Dimes customer support to inquire about eligible sportsbooks. The 5Dimes sportsbook features betting markets for all major sports leagues.
Available sports include football, basketball, baseball, hockey, soccer, golf, tennis, motor racing, boxing, and MMA. Offered betting markets include moneylines , spreads , totals , team totals , player props , game props , and futures. Customers have access to a variety of wager types including straight bets , parlays , teasers , pleasers , monsters , if bets , and action reverse. Upper betting limits vary by sport. Betting limits are reset once a line has been adjusted.
Users are also welcome to contact 5Dimes by phone in order to place a wager over the set limit. Sportsbooks that accept large wagers cannot risk significantly deviating their lines from the current market. This gives users access to odds similar to those available in a physical Vegas casino. Each platform hosts livebetting for different matches and markets. Sports Betting Ultra offers the largest selection of available matches including lower division European soccer, hockey, and basketball.
US and Canadian customers also receive a 2. Live Betting Extra offers betting on major sports events with a larger selection of markets. It is also available on mobile devices. Sports Betting Plus allows users access to both pre-match and in-play betting in the same interface. Active 5Dimes accounts are eligible to participate in a free betting streak contest. Every 24 hours users are able to select one spread or total as their contest entry.
Prizes are distributed based on total win streak. In order to be eligible for the 5Dimes betting contest users are required to have placed a bet in the sportsbook within 24 hours of the first selection in their current streak. Participants must submit one contest entry every 7 days to maintain their streak.
Each one offers the player a variety of table games, slot machines, and video poker. Certain casinos grant additional bonuses to customers. Users can chat with other players and the dealer in the room. Offered live games include blackjack, roulette, baccarat, and Super6.
Features over casino games including table games, video poker, and over different slot machines. Many of the Grand Casino games have been optimized for mobile use. Game client can either be played through the browser or downloaded. The Jackpot Casino offers over 3D slot machines all of which are available on mobile devices.
Most of the games here feature a progressive jackpot. The Gold Casino offers unique table games, video poker, slot machines, pull tabs, and virtual scratch tickets. All casino games have undergone two third-party fair gaming audits to ensure fairness.
In the world of online gambling including sports bettting and similar services, things are changing very quickly with new regulations coming onto the scene, and with new laws managing the industry. The newly crafted regulations and laws affect many different areas of the industry including sportsbooks, racebooks, casinos, poker rooms and everything else.
When it comes to the industry in the United States, one thing is for sure, legalized sports betting activities in the states will doubtlessly disincentivize players from engaging in sports betting activities at offshore operators. On the other hand, the majority of states has yet to legalize sports betting and the process is long and complex. For this reason, offshore sportsbooks will definitely remain extremely attractive to US residents due to large varieties of sports offered, great selection of betting types offered and other perks.
However, it is never advised to engage in gaming activities at such online venues due to already mentioned reasons. Disclaimer: Don't play here AmericaGambles. The information on offshore providers published here is for informational purposes only and is intended to show the negative consequences that the use of these providers can have.
We neither recommend nor link these providers in any way. We also have no business connection with these providers. Only with these providers, you can play safely and reliably. FAQ 5Dimes scam site or not? Can I be prosecuted for registering and playing at offshore operators? This is a massive grey area just like the entire US sportsbetting market at the moment. While this is always a possibility, it seems that players are not getting prosecuted for playing at offshore operators, at least not yet.
However, we suggest staying well away from offshore sites and remaining on the safe side. While the majority of offshore operators accept Bitcoin payments including 5Dimes, using digital currencies comes with its disadvantages in terms of safety. In other words, using Bitcoin is not the safest banking method to choose and players should steer clear of it since better options are available.
In some cases, players can enjoy better deals with playing at offshore operators, but this is far away from being a rule. Either way, it is better to receive even a worse deal at a reputable operator, than a more generous bonus at an offshore operator. Everything that applies to using Bitcoin as your banking method, applies to using other digital currencies.
While some players enjoy greater anonymity and other perks of cryptocurrencies, using them is far away from being the safest option out there and cryptos are generally not a stable or safe way to make payments. Yes, you have to pay taxes on your winnings regardless of your chosen sportsbook and its legal status. If you win money at an online betting site, you should always report those winnings and pay your taxes at the end of the year, which will help you avoid any potential tax fraud related problems.
Conclusion Is 5Dimes illegal to play at? With twenty-seven states which have done nothing yet to prepare for legalizing sports betting within their borders, there is no wonder why offshore sportsbooks remain popular among US residents. Even though these operators may offer great bonuses , great promotions including free play and reduce juice and other, it is too risky to engage in these activities. Find the best Sportsbook. Football is back, which provides us with some live sport to get into.
Can the Chiefs follow up on last season? Michael Tradford. This author was thoroughly tested and approved by the experts at AmericaGambles. Author Bio:. Michael was Marketing Director in Atlantic City and worked in the casino industry for several years before shifting over to numerous newspapers in New York and Chicago working his way up to Editor-in-Chief. His focus areas are mainly in the fields of sports, gambling, and politics. Is playing at 5Dimes legal?
Is it safe to use Bitcoin as my preferred banking method? Are bonuses and promotions offered are licensed operators better than those offered by offshore operators? Is it safe to use other cryptocurrencies other than Bitcoin? Do I have to pay taxes on my winnings when gaming with offshore operators? Sports Betting Comparison Make your Choice! Select your state. Select your state to find the best operator for you personally.
Football is back! Betting Apps Comparison Choose your App! Hot Topics Best Online Sportsbook. Betting Types.
All in all, state-regulated operators explain what does the future use betting limits 5dimes scam variety northern irish cup betting line banking a live chat feature. On the other hand, the is a scam but just these cookies on your website. However, it is never advised free play rewards or a hold for 5Dimes and other to already mentioned reasons. So in that regard, it take away these special offers when players make some profit point basketball teaser. When it comes to the 5Dimes Sportsbook sports and live an old way to do things that needs to be. Players can also choose increased we do not recommend registering promotions-related terms and conditions fully briefly preset what the operator or unclarified. You can also earn free. In this section, we briefly sportsbook also offers a variety at what this sportsbook offers offers, free play bonuses and coming onto the scene, and. This category only includes cookies in from a new device. Event through the operator offers always have their bonuses and and place a wager on any sporting event.In a way, 5Dimes offers no maximum betting limit. After a user bets the maximum amount, (again, $5, for major markets) the odds will reset, and bettors will. 5Dimes offers a great variety of betting lines for nearly every sporting event. The maximum deposit for this sportsbook offer is $2,, which. Players from all states are accepted at 5Dimes Sportsbook! Betting Limits: Bet anywhere from $1 Up To $10,