5Dimes Sports Betting Review
Before we get into our full legal 5Dimes review for online sports betting, there is a bit of legal background that you should know. Online sports betting has definitely taken off around the world, though the United States still bans operations and businesses that feature online gambling. However, there are many online sportsbooks around the world that allow USA players. Those in the United States can play at many of the online sportsbooks which cater to US players. One of these sportsbooks is 5Dimes.
5Dimes is one of the best and most trusted online sportsbooks around, having developed a solid reputation since they started back in 1996. This sportsbook offers some of the best betting odds around, and also some betting lines that no other sportsbooks offer.
In addition to the betting odds that 5Dimes offers, there are plenty of other things to like. That is the goal of this 5Dimes review as well; to disclose the best of 5Dimes’ other attributes and the parts of the sportsbook that rank it in the category of best legal online sports betting sites out there. Learn about 5Dimes and then when you go to sign up, you will have exactly what you need to prepare you for smooth sailing.
Does 5Dimes Sportsbook Accept USA Players?
5Dimes is one of the sportsbooks that does accept US players looking to wager online. 5Dimes does not operate inside the United States and does not have to run under Federal law in the US. As such, they can accept players from all over the United States. Wagering at online sportsbooks is legal for USA players, primarily because federal law focuses their efforts more on banning online gambling sites from operating inside the United States, versus on the individuals betting online in the United States.
Legal Age To Bet At 5Dimes
5Dimes is a bit different than some of the other offshore sportsbooks we review. This is because 5Dimes chooses to allow players to bet at 18, and does not defer to local areas that players might live in. Since 5Dimes operates in Costa Rica, their philosophy is that the legal betting age to gamble on site is 18.
What Does 5Dimes Offer For Sports To Bet On?
5Dimes Sportsbook offers their players betting lines from sports across the world. From the NFL, soccer, golf, NBA, tennis and more, 5Dimes will have you covered when it comes to meeting your online sports betting needs. In fact, 5Dimes probably offers the most betting odds for a variety of wager types. These bets are often unique, and 5Dimes provides alternate lines to an extent unseen at other sportsbooks on the Internet. You simply won’t find as many wagering options anywhere else than 5Dimes Sportsbook. This simple fact makes 5Dimes one of the legit online sportsbooks around.
5Dimes Sports Betting Bonuses
For new prospective players at 5Dimes, they are offering a 50% new player reward worth up to $520 to be used in their sportsbook. This particular bonus is unique in that it is disbursed incrementally rather than all at once. Every time you wager one time the deposit amount, 10% of the bonus will be credited to your account. There is not a bonus code for this reward, but you will instead need to email customer service within 24 hours of your deposit in order to claim the welcome offer.
5Dimes also has several bonuses in play throughout the year for their current players, including sportsbook reload bonuses and other free play rewards. You may want to look into the Reduced Juice rewards program, where you wager at -105 odds rather than -110 on spreads and props, allowing you to take home more winnings than other books offer on the same bets. Another option is the Sportsbook Free-Play rewards program where you can earn up to $500 in free-plays. Various contests are also held for events like March Madness and the World Cup.
5Dimes First Deposit Bonus: 50% to $200 then another 20% to $500
- BEST BONUSES
- MAXIMUM BONUS
- Sportsbook Welcome pt. 1
- Up To $200; Every Deposit Made
- Sportsbook Welcome Pt. 2
- Up To $500; Every Deposit Made
Rollover Requirements for 5Dimes' Bonus
The bonus rollover at 5Dimes is a bit unique. The full 100 percent of your bonus is broken up into 10 increments of availability. In total, there is a 10X rollover to unlock your complete bonus, but beginning with a 1X rollover, 10 percent of that bonus becomes available. This continues through the rollovers up until you meet the requirement of 10X, where the final 10 percent of the bonus you earned is available. It's nice because users do not have to meet the full 10X rollover to get some of their bonus credited to their account. At 5Dimes, bonus rollovers are doled out incrementally so you can pad your bankroll as you go. This makes meeting the bonus requirements much easier and more straightforward than at other top books.
5Dimes Deposit Methods
5Dimes makes it easy to deposit into sports betting accounts for their players. They offer a number of options to put money into your account. These include Bitcoin, checks, money orders, and eWallet options. Electronic checks and wire transfers are also different options that provide instant playability to begin wagering at 5Dimes. 5Dimes is very safe and secure when it comes to depositing into an account. As part of our legal 5Dimes review, we will go over the most reliable deposit methods that you can use.
Bitcoin – Bitcoin is one of the most reliable legal deposit methods. You can transfer large sums of money without having to worry about your bank declining the transaction. Bitcoin transactions are processed almost immediately and the limits fit the budgets of most bettors.
- Fees: None
- Min: $25
- Max: $10,000
- Processing Time: Instant
VISA Card - The lone credit card accepted is Visa at 5Dimes. And while it might be the only brand, it is still the most popular way to make a deposit into the sportsbook. Visa deposits go through instantly into an account and are available for immediate betting but are not available to those in Maryland, Washington D.C. or in Washington State.
- Fees: None
- Min: $50
- Max $500
- Processing Time: Instant
Money Order - The specific rates for using a money order are addressed by 5Dimes customer service. What you should know is that the funds that you designate through the money order will be able to be used to bet when it is received by the sportsbook.
- Fees: Varies
- Min: $100
- Max: No Limit
- Processing Time: Within 12 hours of receipt
Cash Wire Transfers - Making a deposit with a wire transfer is an easy option offered at 5Dimes. You'll notice the wire transfer action under the term 'Person to Person.' This is through an individual sending to the sportsbook through methods such as Western Union. The time it takes for 5Dimes to receive the deposit is about 30 minutes so it's a very quick process. There is a one transfer limit per eight days on each account. 5Dimes states on the site that deposit limits and fees can vary.
- Fees: $5 to $30
- Min: $50
- Max: $750
- Processing Time: 24 to 72 hours
Sportsbook Transfer - Users at 5Dimes that have open accounts with other sportsbooks have the chance to transfers funds from them into their 5Dimes account. Check to see if your sportsbook will allow the transfer of funds, and if applicable, it can take place almost immediately to have those funds available. A transfer of at least $500 must be made in order to qualify for the sportsbook to sportsbook transfers, and will need to be approved by both 5Dimes and the other sports betting site.
- Fees: None
- Min: $500
- Max: No max
- Processing Time: Less than 24 hours
One of the main reasons why bettors search for a legal 5Dimes review is to find safe withdrawal methods. Getting secure and fast payouts should always be a main priority of sports bettors. 5Dimes gives their players different options to receive their cashouts. Bitcoin, eWallet services, and money transfers are options, as are checks through the mail. The check will take the longest to show up stateside, sometimes up to a couple of weeks. But all these methods are reliable sportsbook withdrawal methods when it comes to getting your cash out from 5Dimes.
Bitcoin – Bitcoin is an extremely fast legal withdrawal option that has increased in popularity. You never incur any withdrawal fees and you receive your funds within 48 hours. No bank account numbers are required – just submit your Bitcoin wallet address to 5Dimes’ cashier and your funds will be sent ASAP.
- Fees: None
- Processing Time: Within 48 hours
- Min: $50
- Max: $10,000
Bank Wire Transfers – Bank wire transfers send your cash directly to your bank account. This can be convenient because it takes the hassle out of having to get a physical check cashed, but it comes with higher fees than other methods and isn’t the fastest method, either.
- Fees: $80
- Processing Time: Within 6 business days
- Min: $500
- Max: $9,500
Cashiers Check – Cashier’s checks have been a staple at the 5Dimes cashier. The sportsbook will send your check via FedEx right to your front door. Residents of Alaska, Maryland, Hawaii, and Oklahoma have a $3,000 withdrawal maximum, but those in other states can typically cash out a little more than twice that amount if they wish. Cashier’s checks are typically cheaper to process than bank wires, but they are more or less in the same class when it comes to the fees and time required.
- Fees: $40 to $80
- Processing Time: Within 10 business days
- Min: $1,000
- Max: $7,500
5Dimes Sportsbook Support
5Dimes offers live customer support 24 hours a day seven days a week. They also offer a toll free number to call 1-800-430-5896. But there are also several different sections for specific questions, making it easy to connect with someone for help or questions.
Other Features Of 5Dimes Sportsbook
Live betting is one of the most interactive ways that you can bet on your favorite sports. With 5Dimes, you can wager on every play of the game while you watch on the big screen. You can also opt to live stream major events. When you wager on live betting odds, you can bet on props, totals, spreads, and moneylines. You have more opportunities to bet and win big when you use the 5Dimes live betting feature.
Mobile betting is the most convenient way to bet on sports while on the go. The 5Dimes mobile betting platform is as clean as the desktop version of the sportsbook. You can easily choose between different sports, select different wagers, and access other account functions. The mobile betting platform works on iPhones and Androids, and there is no download required. Simply visit 5Dimes.eu from your smartphone (or tablet) and you will be automatically sent to the mobile betting site.
We wanted to make sure to note in our 5Dimes review for legal online sports betting that the 5Dimes brand is not just limited to being a sportsbook. They also offer a casino, racebook, lottery, and online poker, making for one of the most well-rounded online gambling sites in the world. Play slots, table games and more at their live dealer online casino that is legal, or catch up on the betting action for horse races from around the world in their racebook. The lottery is one of the unique features to 5Dimes, with several options when it comes to picking the right numbers to win a jackpot! There are also plenty of legal online poker tournaments to partake in their online poker section.