5Dimes Sportsbook Review
It’s finally happened! You’ve discovered the key to betting on sports that will lead you to prosperity for years to come. You have all the know-how, you have the disposable income it takes to make a wager, there’s just one thing missing, a legal and safe way to place a bet without needlessly burning some of that disposable income on an expensive flight to Las Vegas.
Luckily, we’re here to help. The following page will take a close look at 5Dimes, one of our very favorite legal online sportsbooks that accepts USA players. We will analyze exactly what makes this sports betting site legal, safe, and most, of all, enough fun to stand out from the pack. What are you waiting for? Let’s get to know 5Dimes.
This is the most important question to answer, and luckily, the answer is good news. It’s legal for fans of sports betting all across the United States to use 5Dimes. All of the laws in the United States that govern sports betting only target the facilitator. This means that players are safe from all threats of legal prosecution. Although the law would shut down any sports betting operation functions in the country, 5Dimes operates offshore, meaning it is safely outside US jurisdiction, and safe from shut down by the federal government.
Before using 5Dimes to place bets on your favorite teams and sports, we recommend an intimate understanding of US sports betting laws that govern online sports betting. The most important thing to know about all of these policies is that they do not prosecute players at all, only the facilitators of sports betting in the United States.
Strangely enough, the major policy to affect using the internet to bet on sports passed well before the internet was even a glimmer in our collective society’s eye. The Federal Wire Act passed in 1961 and dealt a crippling blow to the organized crime elements that made their money promoting sports betting. This act prohibits bookmakers from using “wired communication” (later ruled to include the internet) to transmit information related to sports betting.
If the Federal Wire Act made life for bookmakers and crime syndicates difficult, it would become practically impossible in 1992 when the PASPA (Professional and Amateur Sports Protection Act) passed through the US senate. This act was not content to stop bookmakers from using interstate wires to forward betting information, as the PASPA criminalized the act entirely. This law is why states cannot sanction sports betting on their own without a special, grandfathered exemption from the PASPA.
Finally, we have the UIGEA (Unlawful Internet Gambling Enforcement Act) that passed in 2006. While the effect that this law had on sports betting was minor, it did prevent sportsbooks from paying out their customers via EFTs (Electronic Fund Transfers.) While this has forced sportsbooks to find other ways to pay out their customers, it has proven to be an inconvenience at the worst.
It’s a good thing for US players, who cannot face prosecution due to these laws, that 5Dimes operates offshore and well out of reach of these laws, therefore allowing US residents to legally bet with a legal enterprise.
Although it’s nice to know that there is no way a player can be thrown in jail for simply using a website, there is more to safety than merely accomplishing to not get your customers thrown in jail. 5Dimes understands this, and excels.
This legal online sportsbook that accepts USA players understands that safety means financial security. USA residents want assurances that their money and their information will be stored safely within the servers at 5Dimes, and this US sports betting site can promise that. In almost 15 years of service, the site has never experienced a security breach, and they have kept the money that their clients invest in them, as well as all their personal information as safe as can be.
One of the benefits of operating as a legal business is that 5Dimes is certified by some of the industry’s leaders when it comes to betting that is fair for all players and secure servers. This means a wonderland for betting fans. To draw an analogy, a playground with safe, shredded tires and no needles lurking about.
One of the pleasures of using the 5Dimes sportsbook is how easy it is to get money into your account. Simply put, no sportsbook offers more varied and efficient options. While the most popular way that users fund their account is simply by using a major credit card to deliver their money in mere seconds, there are many options to choose from for those looking for legal sports betting deposits.
Amongst options such as a cash wire service, money order, or even BitCoin, our favorite deposit method has been a reloadable, retail gift card. We like this method because it’s instantaneous, there are no fees attached, and it helps us keep all our money reserved for betting in a separate, safe place. Whatever you’re specific preference or parameters, the many options guarantee you’ll find something that works for you.
Here’s a trade secret for you when you’re looking for an all-star US sports betting site – every legal online sportsbook worth a grain of salt is going to have excellent bonuses and rewards both for new and long term members. 5Dimes is no exception.
When you first sign up with 5Dimes, you’ll earn one of the more generous sign up bonuses in the business. You’ll earn back 50% of your deposit all the way up to $200 in free play. If you deposit between $400 and $2000 on your first go around, you’ll receive an extra 20% of that money as well. His can earn you up to $520 in bonus money, giving you an excellent means to explore the sportsbook at your leisure and place a few bets without worrying about risking any of your actual money. For new bettors, this bonus can be just what the doctor ordered to get started. Veterans could see their bankroll grow exponentially.
For long term members, the reduced juice program offers a constant incentive to keep betting. This program guarantees that 5Dimes takes the lowest “juice” or “vig” (the profit the sportsbook takes from losing bets) in the business. It may not sound like much at the time, but saving 5% on all your bets leaves a considerable room for error, and can help you afford to make that one last bet. You never know which bet is going to be your big winner, and no one affords you more opportunities than 5Dimes.
For more details on other great rewards like Free Match Play and Cash Back Rewards, check out the “rewards” page on 5Dimes. No sports betting site that accepts US players offers more rewards!
5Dimes is famous in sports betting circles for carrying the most varied game lines in the business. For every game that happens in every league or every sport, there are usually a variety of betting lines to choose from that can help you maximize your profits by selecting the point spread that fits your opinion best. Do you disagree with the bookmakers that this year’s Super Bowl is going to be a close game? You can bet on an alternate spread at adjusted odds.
Options like these keep bettors coming back to the sportsbook at 5Dimes, along with the largest collection of proposition bets that we’ve ever seen. Betting on the game is not just betting on the game at 5Dimes – you can bet on all sorts of player or team performances, as well as special circumstances within the game.
When it comes to how to bet at 5Dimes, there is a very simple answer: however you want. In our experience, the sheer options and customization for bets in this sportsbook are unmatched anywhere else in the world. If you want to turn any number of bets from anywhere in the sportsbook into a parlay, you’re free to do so. The bookmakers also allow players to construct their own round robins, teasers or pleasers. However you want to manipulate the odds in your favor, the ball is in your proverbial court. Sports betting is all about weighing risk and reward. However you want to best pull it off, 5Dimes will give you their unwavering support.
One of the most important aspects of your sportsbook is the ease of pulling your money back out of your account. Luckily, 5Dimes offers just as many excellent methods for legal sportsbook withdrawals as they do deposit methods. While it’s impossible for 5Dimes to merely reload your credit card due to federal restrictions, the many other payout methods should leave you satisfied.
Most players opt to receive a check in the mail since it has the lowest fee and nothing can beat the security of a printed check with your name on it. Other options include cash transfers, BitCoin, or prepaid gift cards. Always remember to consult the cashier or customer service department for details as certain restrictions may apply.
We have covered everything that we feel makes 5Dimes a superior product to the many that alternatives, but we have found that several US players still have questions. We have done our best to compile all the most popular questions below, and if you have any further troubles, remember that the 5Dimes customer support staff is always there for you.
Will I Get In Trouble For Using 5Dimes?
The most important thing to remember about all sports betting laws in the US is that they do not target players. This means that under no circumstance can you face legal troubles if you remain a mere bettor and do not take up the responsibilities of a bookmaker. As for the site itself, its offshore location means that it is safely outside of US jurisdiction and will not shut down and take your money with it.
Is My Money Safe With 5Dimes?
Since 5Dimes is a legal USA sports betting enterprise, they have access to top of the line security software. That protects their users from identity theft and hacking. Personal information is always safe at 5Dimes, and we’ve been using them for years with no issues regarding our financial security.
How Do Register For A 5Dimes Account?
The sign up process with 5Dimes is a breeze. Once you click the prominent link that brings you to the signup page, your some very basic information and an email confirmation away from becoming a fully-fledged member of the 5Dimes community.
Does It Cost Anything To Sign Up With 5Dimes Sportsbook?
Never. The sign up process is completely free. While it’s true that certain deposit and payout methods can carry certain fees based on the speed of processing and what it takes to transfer your money between countries, 5deims will always be up front about the exact cost of these fees, and they never exceed 5% of your deposit/payout.
Does 5Dimes Accept Players From My State?
Unlike some other US online sportsbooks, 5Dimes Sportsbook accepts players from all 50 states. As long as you’re a citizen of the United States, you can start up a 5Dimes account with no fear of legal repercussions.
I Need More Help. Can I Contact 5Dimes?
One of the greatest characteristic of this site is how devoted their customer service team is. Any time of day you have a problem, you can call any of their seven phone lines devoted to customer service and talk to a live person within minutes. Alternatively, you can take advantage of the 24 hour chat service available through their website.