Is 5dimes Safe
Players from Germany not accepted
Your credit card information is not safe at 5dimes. Numerous fraudulent charges appeared on a credit card that I only used at 5dimes. Money will also disappear from your 5dimes balance at random times. Their reduced juice is tough to beat, they are a must have out, would feel safe leaving up to about 5K or so.
- URL: https://5Dimes.eu
- Year Founded:
- Licenses:
- Owner: Tony Williams
Deposits
Withdrawals
Restricted Countries
Accepted Currencies
- USD
The biggest feature of 5Dimes is that they accept bettors from every country in the world, barring France and Costa Rica, and have easy deposit options for most places.
Established in 1999, they continue to impress with a great selection of wagering options, safe and secure transactions as well as very cheap overnight lines and minimum wagering amounts.
You can bet from your mobile device at 5Dimes and they offer some great bonuses for prospective and current customers, including cash back offers.
The interface – mobile and desktop
5Dimes’ website is extremely easy to navigate, with simple menus. There’s no confusing pages to sift through, players can find, select, and confirm a bet in only a few mouseclicks. The pages are simple and clean, with few graphics. This allows the pages to load quickly, and when you’re placing a last minute wager, sometimes seconds matter. On every page your pending wagers and account balance are visible, which makes it easy to budget and saves you time.
However having a simple website does not mean that they are lacking in options or events to wager on. 5Dimes offers live lines, and they also have a great mobile site for players to place wagers on the go. Having a mobile website means any web-capable phone can access the site without worrying about compatibility.
Betting Options
5Dimes offers wagers on 16 different sporting events, as well as financials wagering. While some sportsbooks will boast about their great variety, they pack their lines full of entertainment bets on reality tv and celebrities. You won’t find this at 5Dimes. The variety they include is chock full of all the sports betting including just about every single college football and basketball game.
Some of the sports covered by 5Dimes are:
- Football (American)
- Baseball
- Basketball
- Boxing
- Horse Racing
- Soccer (Football)
- MotorSport
- Golf
- Motor Racing
Is 5dimes Safe App
… and many more!
With 50¢ minimum wagers on online wagers, just about everyone can find something to enjoy. For the serious punters, the phone accounts have a minimum of $50 on straight wagers, while there are no real online restrictions unless you are placing a monster bet, then you will have to contact the traders.
On top of the standard way to place wagers you can also use 5Dimes “DynamicLines” service. It allows you to monitor your picks, filter picks you are interested in and it’s all dynamic meaning the lines will update automatically on your screen. You can choose this option from the left-hand side menu after logging into the sportsbook.
Promotions
5Dimes does not technically offer a VIP program, however they do offer rewards programs, and promotions including reduced juice. When new players sign up for an account, they can choose one of four rewards programs. If they do not specify, they are defaulted to the first option.
- Reduced Juice Rewards:
Most reduced juice rewards are posted on the day of the event, and are available for online wagers only. - Free-Play Rewards:
There are plenty of new player and reload bonuses, where players can get deposit bonuses. New sportsbook players can earn 50% up to $520, and reload bonuses are typically 20% up to $500. - Cash Back
Bettors can earn 20% in rebates on losses, and an additional 10% if they qualify. - 30% Super Saver Reward
Expanded parlay payouts and reduced juice. Only available on online wagers.
There are even more rewards available, and like all online bonuses, they are opt-in. Bettors who want more information can find it on their website. If they have any questions, they can contact support if they need more clarification.
In-play wagering at 5Dimes
5Dimes offers a predominantly American-based selection of in-game betting options meaning it covers football, basketball, baseball, tennis, UFC and many other sports played on the International stage.
When you choose an individual sport on the left-hand side menu you will see live betting for those sports it is offered on. The odds are usually updated during ad breaks of sports like baseball and football, while boxing and UFC will have an odds update during the break between rounds.
Banking
With 5Dimes accepting punters from so many countries around the world there are plenty of options to fund your account. You can check the banking deposit options here for your country.
- Credit cards
- Person to person
- Cashier check
- Money order
- Debit Card Funds Application
- Credit Card funds application
- My cash card
- Amazon Gift Card
- Walmart Gift Card
- Bitcoin
- Prepaid card
- Sportsbook transfer
- Account to Account transfer
- Linden dollars
- Skrill
- Neteller
Customer Service
5Dimes has a long standing reputation for great service by friendly and helpful staff. They offer some of the best support unrivalled by other sports books and they are available 24 hours a day, year round. Directly on the front page there is a large, visible list of phone numbers players can use to contact customer service, new account help, as well as numbers to place sports wagers, horse racing wagers, and a fax number. Phone support is where 5Dimes excels. However they also offer email and live chat support.
The monetary hit is several times its name.
Yesterday, the US Department of Justice’s Office in the Eastern District of Pennsylvania announced that 5Dimes, a Costa Rica-based internet sports betting company, agreed to forfeit $46.8 million as part of a criminal investigation settlement.
According to the settlement, American gamblers were allowed to place bets at 5Dimes (primarily through its website www.5Dimes.eu) in violation of US law. Since at least 2011, the betting site accepted wagers from and made payouts to US bettors. It also transferred more than $46.8 million in proceeds earned from its illegal gambling activities in a manner that attempted to obscure several aspects of the funds.
The settlement agreement was made with the consent of Laura Varela. Varela’s husband, William Sean Creighton, was the company’s founder. Creighton was a US citizen who moved to Costa Rica and created and operated 5Dimes. From 2011 to 2018, Creighton exercised full control over 5Dimes, although he attempted to hide his role by using an alias and several shell companies. Sadly, Creighton’s story took a dark turn in September of 2018, when he was kidnapped and murdered.
5Dimes players encountered a number of inconveniences this month
According to Legal Sports Report, 5Dimes users were notified earlier this month that all US accounts would be frozen as part of a relaunch effort. However, a few days later, 5Dimes accounts and futures bets were migrated to another offshore site called Betanysports.
And then a few days after that, there was a statement from Varela that the 5Dimes brand was hoping to move its operations and accounts into a more regulated market. As noted in another LSR article,PokerStars made a similar move from the black market to a regulated environment.
5Dimes case shows why it’s best to wager at legal PA sportsbooks
Perhaps the most obvious takeaway from the 5Dimes saga is that all of the aggravation and anxiety from a customer standpoint can be avoided simply by wagering at one of many regulated and legal PA sportsbooks.
With the launch of Penn National’s Barstool Sportsbook earlier this month, Pennsylvania now has 10 online sportsbooks. All of them are fully licensed and regulated. That should eliminate any concerns about the security of your account or the ability to withdraw funds.
As for the 5Dimes brand, the next steps are still uncertain. But the sportsbook seems determined to leave behind its shadowy past and embrace a more compliant future. Perhaps it will follow the same path as PokerStars that leads to full regulation.
Plenty of safe and secure betting sites, depending on your state
And for those 5Dimes users who are suddenly looking for a new site, Pennsylvania should provide quite the welcome.
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The state does have those 10 online sportsbooks, and the fact that they’re licensed and regulated means they should be free of drama, conflict and worry.
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There’s just no place like home.
Is 5dimes Safe To Go
Lead image credit: AP Photo/Mel Evans