5Dimes Sportsbook Review

by Shane Rivers on February 19th, 2015.

5Dimes sportsbook was established in 1999, way back in the formative days of the Internet. Since that time, the Costa Rican company has grown to be among the largest online book services on the planet, and their site boasts that 1000 wagering options are available every day. Their group of websites includes 5Dimes, SportBet, IslandCasino, BetAnySports, VietBet, Nicabet, and ChineseBookie.

In addition to betting on sporting contests, customers can enjoy over 200 casino games and a live dealer option for blackjack. That's all good and well, but do the various features of 5Dimes add up to a convenient and profitable customer experience? That's what this review intends to find out.

Prohibited Countries

Fortunately, 5Dimes isn't one of the online sportsbooks that refused to accept customers based in the United States in the wake of the Unlawful Internet Gambling Enforcement Act of 2006, and they're more than happy to accept the business of almost every country around the globe. The only exception is France, so citizens of this European nation will need to look elsewhere to get their sportsbetting fix.

Sign-Up Bonus

When a new customer signs up with 5Dimes, they'll be able to choose from seven different account plans with various rewards and incentives. The simplest option is the Free Payout Rewards Program, which allows withdrawals without any annoying service charges. My favorite, however, is the Reduced Juice Program, which lets customers shave off the book's edge on all major sports wagers.

Mobile Betting

An increasing number of people are performing financial transactions with smart phones and other portable devices, and this includes betting on their favorite sports teams. 5Dimes is on the cutting edge of the mobile gambling scene, and it only takes seven touches on the screen to place a wager. Withdrawals must be made on your PC, however, and numerous users have complained about the amount of scrolling required.

Live Betting

Also known as in-play wagering, live betting allows customers to gamble on sporting events while the game is underway. 5Dimes offers this exciting option on all major sports, although mobile users can't take advantage of the service. Various wagering limits are imposed per bet, including $500 for NFL, MLB, and NBA, and $250 for UFC events.

Football Teasers

Teasers allow a bettor to move the point spread in their favor by wagering on multiple teams, and 5Dimes offers the best odds for this strategy. For two teams with a 5 point cushion, the odds are +103, while 2 teams at 8 points would be -165.

Getting Paid

Customers can choose from nine withdrawal options, and these include the following: Neteller, Click2Pay, Skrill Moneybookers, Visa deposits, check/money order, person-to-person transfer, account-to-account transfer, debit card, and sportsbook transfer. Most options are processed instantly and cost nothing.

Reasons to Wager with 5Dimes

There's a lot to like about 5Dimes sportsbook, but the following are some of the more compelling reasons to choose them as one of your sports betting options:

  • Wide Selection of Betting Options - All the major sports are represented at 5Dimes, and they also offer odds for smaller sports than are often overlooked by their competition. This includes everything from volleyball and handball to bandy and water polo. In addition to the wide range of specific sports, bettors can expect to find all manner of wagers. These include classics like straight bets, but you'll also find teasers, pleasers, office pools, reverses, parlays, and even Asian handicaps.
  • Superior Customer Service - If you ever have a question or concern, the customer service department is available to help 24/7 via email, phone, fax, and live chat options. Both English and Spanish are supported.
  • Suitable for All Kinds of Bettors - New customers can choose from seven different sign-up bonuses, and players are welcome regardless of the size of their bankroll. There are reload bonuses and casino promotions, and their loyalty program rewards repeat business. Professional bettors who enjoy price trading need to read the fine print, however, as the site does impose limitations on this activity.
  • Reduced Juice Bets - Perhaps the most interesting for those who take sports betting seriously is the selection of reduced juice bets at 5Dimes, which basically means that they take less "rake" than most online sportsbooks, and to my knowledge, less rake than ALL online sportsbooks that operate in the US.