Is 5dimes Legit
This means that certain teams will have to win by a certain amount of points or are allowed to lose by a certain amount of points and you will still win your bet. 5Dimes follows the industry standard of a payoff of $100 for every $110 wagered. This slight discrepancy in the amount is known as the casino juice. 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. 5Dimes Review 2021 - A Complete Unbiased Look at 5Dimes.eu. We reviewed This is 5Dimes Review. This review was made by: GamblingSites.com Rating: 4.0 out of 5. Welcome Bonus $200. Cashout Time 3 - 10 Days. In the case of 5Dimes, it is very legit and bettors can trust them with their money. 5 Dimes is very tight with safety and security for their account holders. With sensitive personal and financial information within a player's account, it is imperative that the protection of.
One of the top destinations in the betting industry that we have become big fans of is 5Dimes Sportsbook. The betting site at 5 Dimes is one of the most diverse and unique in terms of actual betting lines, which is certainly something that sets it apart. In a day in which many sportsbooks flood the Internet offering much the same, we can tell you that 5Dimes will offer some different perspectives and takes on matchups. It's rather refreshing when you go and visit 5Dimes, because you aren't exactly sure what to expect.
But there is more to 5 Dimes than just the odds, although betting lines should certainly carry plenty of weight. Information on 5 Dimes can be found below on this page that covers several important questions. For one, the legality of this betting site is brought up, specifically as it concerns players from the United States. Learn some of the basic information about 5Dimes Sportsbook to see if it might be something that will fit your style of betting.
Are 'ALL' U.S. Players Allowed At 5Dimes?
All 50 states in the U.S. are accepted at 5 Dimes Sportsbook, which is certainly nice and convenient for American bettors. Some sportsbooks do not allow all 50 states but this legal betting site is one that does. This is specifically to mention states like New York, Washington, and Maryland, who are able to play here, just not able to use a credit card deposit. 5Dimes still wants to welcome those three states as opposed to some that don't, but residents in these states, who meet the minimum age to bet at 5Dimes - 18 years old, are happily accepted to create a 5 Dimes account.
Will I Get Into Trouble For Betting At 5Dimes?
Bettors who opt to go with 5Dimes can feel confident that they will not get into trouble when they sign up at 5 Dimes, provided that they are of age to do so. Federal laws against sports betting sites in the United States cover only the sites, and not the bettors.
5Dimes does not operate in the U.S., as they are based out of Costa Rica. This means that 5Dimes is a legal betting option, and with American players allowed there, bettors won't have to worry about getting into trouble.
More About 5Dimes Sportsbook + USA Players
One of the most important aspects that players from the United States will need to take into consideration when looking at legal betting sites are the methods in which they are able to fund their account at 5 Dimes. This is the part of the process that gets everything rolling, and the ability to place actual bets throughout the site. In addition to that, the state you live could impact the available methods that you have to make a deposit.
Making a deposit to bet real money at 5Dimes is made to be as simple as possible here. There are several ways in which this can be done, led off by the VISA credit card option that many find useful. Of the many deposits made into 5Dimes, it's the VISA deposit that is by far the most popular. But it's not the only one available.
In terms of other options for USA players to deposit into 5Dimes, a cashier's check or money order is able to be accepted by 5 Dimes customer service as well, which is nice for players because the financial information is very limited to the sportsbook, with the check or money order sent to them to then deposit into the account of the player.
If you live in the states of Washington, New York, Maryland, and Washington D.C., the option of a VISA deposit is not on the table for you. The good news though is that a VISA deposit is not the only method able to be used by American players as you just read above. Cashier's check and money orders are great methods to make up for this.
Another option would be to find an online betting site that accepts you without restrictions. You can find that in several places but we recommend starting with our guide to legal sports betting in U.S. States. From there, you will be guided to info tailored to residents of the same state you live in.
Is 5Dimes Legit? - Can I Trust Them With My Money? - Will They Pay?
Arguably the biggest testament to the legitimacy of any sportsbook is their ability to make a payout to a player. There is not much gray area here, as the sportsbook either does or doesn't. In the case of 5Dimes, it is very legit and bettors can trust them with their money. 5 Dimes is very tight with safety and security for their account holders. With sensitive personal and financial information within a player's account, it is imperative that the protection of such information is given the highest level of importance.
Paying a player out is the key element to a sportsbook that determines whether or not it can be trusted. 5 Dimes hasn't had an issue with this. The sportsbook has been around for more than a decade. This doesn't happen with a poor record of paying out players.
Why You Should Choose 5Dimes For Online Betting...
We led off with a great reason to pick 5Dimes' online sportsbook, which has to do with the vast selection of unique betting lines that you will find. While 5 Dimes can be expected to have all of the betting odds you would expect to find, its matchups and specific lines within those games that you might find quite compelling. 5Dimes tends to cover games and matchups more rigorously than many of its competitors, which is a driving force behind its popularity.
With 5Dimes accepting residents from all 50 states, it's definitely an enticing option as well because there is not state that is left out in this equation. 5 Dimes is a legal betting site for players in the U.S. so the fear of violating the law can be laid to bed.
Offshore sportsbook 5Dimes announced this week it was closing its doors to US customers. But there were some hiccups with that move.
Multiple 5Dimes customers have since had their open futures bets and accounts transferred a more obscure offshore site called Betanysports.
The site layout, prices and bet options all look identical to 5Dimes. Review sites note betanysports is also based in Costa Rica and a “sister site” to 5Dimes.
As one Reddit user reported: “5D transferred my entire account over, and it went flawlessly. All account info, all pending bets, balance, etc…all transferred and looks exactly like 5d did.”
The simplicity of the migration suggests that 5Dimes and betanysports might run on the same platform. Migrations simply aren’t that easy otherwise.
Using the same platform doesn’t necessarily mean the companies are connected, but it does raise some questions.
Multiple Reddit and social media users also reported a straightforward switch and that betanysports was identical to 5Dimes.
Is 5dimes Legit Sites
What is going on behind the scenes at 5Dimes?
The company and customer service agents said there was no relationship between the two sites.
Is 5dimes Casino Legit
It’s also important to note not all customers were offered the chance to switch. Some bettors with massive +EV futures simply had them voided.Legal Sports Report also asked 5Dimes customer support for options for betting with the site closing off the US. No suggestion or offer to move was given. (The account also had no deposit history, for what it’s worth.)
There’s obviously a huge imbalance here in favor of the book. They’ve already collected on a lot of losing NHL and NBA futures. And now they can cancel the remaining live tickets.
That might explain why betanysports stopped accepting transfers on Tuesday, as some 2+2 users reported.
Bettors were also told that the minimum withdrawal amount on account balances was $100, causing more issues for smaller players.
How did we get here?
Remember, 5Dimes is closing US customers because it wants to relauchits operations with a “fresh start”. The company hinted it could be looking at the regulated market.
However, it declined to provide any details on how such a relaunch would work. One option laid out by Eilers & Krejcik analyst Chris Krafcikcould be the PokerStars route.
That is, some kind of settlement with the Department of Justice, then a sale of assets, like the brand and tech stack, to a third party.
Is 5dimes Legit
That’s assuming the 5Dimes brand and tech has any value left, that is. Perhaps the most valuable asset is the database of US customers built over two decades.
Regardless of what’s really going on behind the scenes, the push for a 5Dimes rehabilitation and “fresh start,” hasn’t exactly started out promisingly.