5Dimes

Online Since: 1998
Phone #: 1-800-305-3517
Customer Support E-mail: info@5dimes.com

Overview

5Dimes is an online sportsbook business established in 1998 in San Jose, Costa Rica. 5Dimes may appear low key compared to other big business sportsbook but they have a well established service that offers all the important sports to wager on. 5Dimes was originally founded by an owner that accrued enough capital from sports betting. Because the site originates from the sports bettor’s point of view, expect a wagering service that is quick and easy to use. The site focuses on keeping the service simple with all of the popular sports, numerous money lines and a consistent payout structure.

Betting Options

One of the biggest advantages of using the 5Dimes service is the large number of betting options. These include:

•Straight Bets: A wager on which team will win the match. High point scoring games such as basketball and football also use a points spread in straight bets.

•Totals: A wager on whether a game will score over or under a certain points threshold.

•Parlays: A selection of several straight or total bets. A parlay may also be a combination of straight and total bets. A parlay bet wins only if all the individual bets are correct.

•Teasers: Similar to parlays in that it is a selection of straight and total bets. The key difference is that a teaser allows the bettor to adjust the points spread. Teasers usually come with lower odds because the bettor already benefits from the adjustable points spread.

•Progressive Teasers: Only a certain number of individual bets are needed to trigger the minimum payout. All additional correct bets simply boost the payout.

•Progressive Parlays: A parlay bet that does not need all the individual bets to be correct. Only a minimum amount of bets must be correct to trigger a payout.

•If-Bets: A chain of bets where each phase is dependent on the bettor winning the previous phase. A set amount is wagered on each phase.

•Round Robin: A combination of many parlays that includes more than one team.

Sports Offered

5Dimes offers a wide selection of sports. These include:

•NFL
•NBA
•MLB
•Boxing
•Darts
•Golf
•NHL
•European Soccer Leagues
•Motorsports
•Tennis
•Water Polo
•Bandy
•European Handball

Bonuses / Sign up Promos

5Dimes keeps the sportsbook action interesting with several running promotions to take advantage of. Bettors will be able to use the following:

•Sign up Bonus: 5Dimes offers a 50% match bonus on initial deposits between $100 to $400. Any initial deposit over $400 incurs an extra 20% match bonus for a complete 70% match bonus. The sign up bonus is released in 10% increments. Every time the initial deposit amount has been wagered, 10% of the bonus is released into the bettor’s account.

•Reload Bonus: 5Dimes provides bettors who perform a reload deposit between $250 and $2,500 a 20% match bonus. The precise match bonus amount is dependent on the transaction method used. The reload bonus is released in 20% increments once the reload deposit amount has been wagered once over.

•Reduced Juice Promo: Juice is the charge taken in by the sportsbook for every bet made. The standard juice charge is 10% and sites such as 5Dimes offers bettors the opportunity to place bets with a decreased service charge. 5Dime runs reduced juice promos for many sports including NFL, NHL, MLB, PGA Golf, boxing and MMA on the day of the event. The most renown reduced juice promo is the 5 cent overnight money line on MLB games.

•Cash Back Rewards: Losing bets is always tough but 5Dimes eases the situation with cash back rebates. Bettors can earn a 20% cash back rebate twice per year on overall losses on
NFL bets. A 15% cash back rebate is available on losses accrued every 30 days. Tuesdays bring a 10% cash back rebate opportunity on betting losses.

Deposit / Withdrawal Options

5Dimes runs an excellent financial structure that offers plenty of deposit options. These include:

•Moneybookers: No charge, $50 deposit limit. Not available to US bettors.

•Instadebit: No Charge, $50 deposit minimum.

•eWalletXpress: No Charge, $50 deposit minimum.

•Visa & Mastercard Credit: No Charge, $50 deposit minimum.

•Person to Person transfer: Charge and deposit limist may vary.

•Sportsbook transfer: No charge, $500 deposit minimum.

Withdrawal is valid for most deposit methods used. Withdrawals are processed during business hours with one free withdrawal available every 30 days. Extra withdrawals incur a $15 charge. Check via courier incurs a $40-$60 service charge.

Reputation / Security

5Dimes is one of only four sports books that reveal their wager lines as soon as possible. This means that the lines they place are taken into account and used by many other sportsbook services. Bettors can rest assured that 5Dimes is serious about keeping a distinct reputation as one of the top sportsbook online sites. 5Dimes has been rated as excellent in terms of reliability ever since they upgraded their software in 2006. Bettors will feel safe using the digital encryption system that 5Dimes is structured around to keep all transactions safe and secure.

Customer Service

The 5Dimes customer service system is available 24/7, 365 days a year. Customer support starts with their toll free telephone number and complete e-mail support which offers responses within the day of the inquiry. Live chat support is also available for immediate care. Their fax number is also displayed on the front page of their site in order to provide an easy method to transfer documents to verify financial transactions.