5Dimes Sportsbook Review

Welcome to the extensive review of one of our favorite online sportsbooks, 5Dimes. This premier spot for legal betting U.S. residents will find this sports betting site offers many exclusive features that leave the competition in the dust, and we are going to go over many of them in this article. Our main focus will be on the legal aspects of online sports betting, and we will reveal the entire statutory spectrum so you will get a full understanding.

This page is going to describe how 5Dimes functions legally for U.S. players, as well as uncover the safety measures that the site puts in place to protect your information. We will then cover many of the features that make 5Dimes stand out from the competition, and show you why it is our favorite sports wagering site.

Is 5Dimes' Sportsbook Legal?

The answer to this question is an unequivocal yes. 5Dimes has been functioning legally for the better part of a decade, and they know which rules to follow in order to continue to thrive. There are a few main laws that involve themselves with online sports betting sites for U.S. players. These are all federal laws, and individual states do not regulate online sports wagering. This is good because 5Dimes is able to serve players from all 50 states.

The Federal Wire Act is the first law that has to do with sports wagering online. Written in 1961, this law originally intended to stamp out organized crime activities involved with gambling. The law is now quite dated, but it still affects online sportsbooks by disallowing the transfer of wagering information across state lines. This does not affect 5Dimes because they are located in Costa Rica, outside of the federal jurisdiction of the Wire Act. This means that anyone can use 5Dimes because it is not violating the Act.

The Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 is the only other law that affects online sports betting. This law strictly targets funding methods, but is not nearly as restrictive as it sounds. The UIGEA states that sports wagering sites cannot send funds directly to a credit card. The simple solution that 5Dimes has for this is to offer many excellent alternative payout methods, which we will go over later in this review.

Is 5Dimes Safe?

5Dimes has been a leading name in the sports betting industry for many years, and they have a remarkable reputation for safety. The site uses the latest security software and unprecedented encryption techniques to keep your personal information hidden and safe. Sites like 5Dimes do not survive for very long if they allow their members’ information to be put in jeopardy. You can be sure that one of the main reasons this site has continued to thrive is because they put safety as a top priority. This is a well-known fact in the sports betting circles, which is why so many high rollers choose 5Dimes as their go-to site. Check out our online sportsbook safety pages to learn more about the various techniques these sites use to keep you secure.

5Dimes Deposits

5Dimes institutes more funding methods than almost any other site we have ever played at. This is a very important aspect of any site, as depositing and withdrawing money is one of the prime aspects of wagering. At 5Dimes you will find credit card deposits, cash wire transfers, checks, cash/gift cards, bitcoin deposits, and many more excellent options. Making a deposit is as simple as accessing the online cashier, choosing your desired method, and entering the amount you would like to deposit. Credit/debit cards are easily the fastest and most efficient method, and work much the same way as many online retailers. Check out our official deposits article to learn more about every aspect of how deposits work.

5Dimes Payouts

5Dimes SportsbookAfter you have had an amazing time playing 5Dimes sportsbook, you will eventually want to request a payout so you can get your hands on some of that hard-earned cash. 5Dimes makes requesting and receiving payouts as simple as picking a method, the amount you would like to withdraw, and waiting anywhere from a few hours, to a few weeks for it to arrive. There are many methods with varying speeds including cash wire transfers, checks, money orders, cash/gift cards, and bitcoin to choose from. Payouts work similarly to deposits in that you just choose a method, choose the amount, and collect your funds. Check out our sportsbook payouts page to learn everything there is to know about withdrawing funds.

5Dimes Mobile Betting

One of the most exciting features at 5Dimes is the mobile sports betting app. This allows you to wager on all professional and most amateur games from the palm of your hand. The mobile sportsbook works just like the regular one, and you can even manage your account and make deposits/payouts using your mobile device. Just log in to your account from your iPhone, Tablet, Android, or any other device with an internet connection, and you will be off to the races. This genius innovation now let’s you access all of 5Dimes from wherever you might be. Never wait in that long line at grocery store bored again! Check out our mobile sports betting page to learn much more about this excellent addition.

5Dimes Live/In-Game Betting

5Dimes now offers a feature that makes sports betting more exciting than ever before. With live/in-game betting, you can now wager live on a game as it is being played. This works similar to the regular sportsbook except that the various odds update in real time, and you can place as many wagers as you would like until the game is over. There are all kinds of odds and lines that you can wager on during a game including 3 way money lines, totals, handicaps, injuries, who wins certain sets, free throws, etc… and this is only scratching the surface. If you like to micromanage your wagers, live/in-game betting is for you. It is also great for if you happen to be late to wager on a game, as you can jump in at any time during the competition.

5Dimes Bonuses

Last but definitely not least are 5Dimes amazing bonuses. You will find a mile-long list of rewards on the promotions page, and each one is available for members. 5Dimes reduced juice is an amazing bonus that will reduce the amount of vigorish (vig) that you usually have to pay in order to wager. This bonus is spectacular and the savings really add up because you will be spending less, and potentially winning more. You will also find free-play rewards that will add bonus cash to your account every time you make a deposit, and cash back rewards on certain wagers that lose. Check out our sportsbook bonus page to learn more about the various bonuses that are available. Also, check out the promotions page at 5Dimes for an exhaustive list of the extras that you will receive just for becoming a member.

5Dimes is the Best Legal Sports Betting Site

Now that you know why 5Dimes is able to function and serve U.S. players’ legally, you should be itching to sign up today. This site offers numerous funding methods that will make betting and withdrawing a breeze. You will also find mobile and live betting features that blow the competition out of the water. And last but not least, 5Dimes’ online sportsbook is known for having some of the best bonuses in the industry. We could go on for pages about why we choose 5Dimes over the rest, but the best way to show you their greatness is to suggest that you head over to the site right now and create a free account. We guarantee you won’t be disappointed.