BettingBuck.com always recommends betting with a US regulated sportsbook over an offshore sportsbook. Offshore sportsbooks are not legal, not regulated by a US governing body, and often not regulated at all. If you live in New Jersey check out our Best New Jersey Sportsbooks.
|US Regulated Sportsbook (legal)||No|
|Legal in New Jersey||No|
|Legal in Pennsylvania||No|
|Legal in Iowa||No|
|Legal in Indiana||No|
|Legal in Nevada||No|
|Legal in West Virginia||No|
5Dimes is an offshore industry veteran founded in 1996. The company went online in 1998, making it one of the oldest online sportsbooks around. Although the 5Dimes website shows its age, the company still services hundreds of thousands of active customers.
Is 5Dimes Safe?
5Dimes is considered high-risk, with an overall Trust Score of 55 of 99. 5Dimes is an offshore sportsbook that accepts U.S. residents as clients, which is considered illegal in the eyes of the U.S. Because 5Dimes is an offshore sportsbook, there is no protection of client funds if the company were to go bankrupt or mistreat clients. Trust Score is determined by several factors, such as years in business, legal status, and global footprint, amongst others.
5Dimes currently covers 24 sports, most of which boast international and collegiate leagues. Below is a table of some of the most popular sports and leagues offered.
|Total Sports Offered||24|
|Aussie Rules (AFL)||Yes|
The image below is what you see on the main betting menu, instead of upcoming games and their respective lines. The presentation is outdated and unbecoming compared to most sites that flash the popular games scheduled that day. The experience lacks visual appeal.
5Dimes offers an entourage of bets and props on its main sportsbook menu and through its third party live betting platforms.
The company currently offers a props builder menu, futures, parlays, teasers, pleasers, if-bets, rolling if-bets, round robins, reverses, Asian handicaps, and office pools, in addition to the industry-standard spread, moneyline, total bets.
5Dimes offers players five menus to bet from; Sportsbook Main, Live Betting Ultra, Live Betting Extra, Sports Betting Prime, and Bet Builder. Sportsbook Main, the menu users are defaulted to when logging in, offers traditional betting across a variety of sports and leagues. This is the menu where 5Dimes's famous "reduced juice lines" are offered. Sportsbook Main is also where users must go to place more advanced bets, such as if-bets and action reverses. When using 5Dimes this is the menu I spend most of my time in.
Sports betting prime offers additional score handicaps, total lines, spread lines, team props, and international games. This menu also offers live betting. Live Betting Ultra and Extra menus are focused on live betting, while Bet Builder allows users to build their own prop bets.
For World Cup games the Sports Betting Prime menu offered 70+ bets in addition to straight bets, and for MLB/NHL/NFL/NBA games an additional five to forty. While the variety of bets and offerings from different menus is great, having five feels like overkill, especially to first-time bettors. Seeing the same game offered on three or four different menus is discouraging and I hope 5Dimes considers consolidating menus in the future.
The Bet Builder menu 5Dimes offers is the same as the player props menu offered by BetOnline.ag and the props builder menu offered by MyBookie. Although the bets and odds for this menu are exactly the same at each sportsbook, it is still a lot of fun to bet on. This menu allows users to bet on the statistical performance of a single player, pair two players head to head for a selected statistic, or select three players to finish in an exact order for a selected statistic. An example of this would be betting that Aaron Rodgers will have more passing yards than Matthew Stafford during week one of the NFL season.
A popular third party software product amongst betting sites, the Bet Builder menu offered by 5Dimes is a great way to gamble on the performance of individual players. This innovative menu offers action on how many hits a baseball player will have, how many passes a soccer player will record, and much more. The menu is capable of offering personalized bets for football, soccer, basketball, and baseball. 5Dimes describes the available bet types this menu offers as follows:
- Statistic: A bet on a single player or two players combined to achieve a specific statistical performance. E.g. LeBron James to score 30 or more points against the Warriors. Or Brady and Brees to throw for over 600 combined passing yards.
- H2H: A head-to-head bet is where you select one player to outperform another for a selected statistic. E.g. Messi to have more shots on goal than Ronaldo.
- Trios: Similar to a horse racing trifecta bet where you select the 3 players to finish in the exact order from highest to lowest for a selected statistic.
Wager limits vary from a $0.50 minimum to a $5,000 maximum on most straight bets. Exotic propositions have lower, while live betting limits vary by menu, sport, and bet type. The maximums on straight bets are competitive in the industry, trailing only a few sportsbooks.
5Dimes also offers a “betting streak contest” that allows users to win free-play money and cash if they correctly pick the winner of 5-25 games in a row. Payout amounts depend on how much real money players have previously wagered before starting their “streak.” The concept of this contest resembles the popular ESPN Streak Challenge and is a fun diversion from typical betting.
At the end of the day, the reduced juice odds are best in class.
5Dimes is best in class as far as odds are concerned, receiving the number one rank out of seventeen sportsbooks, US-regulated and offshore. I use my 5Dimes account when I know I am placing straight bets, simply because the price can't be beaten.
It’s worth noting that the reduced juice odds represent the “bonus” to which players are defaulted when they join 5Dimes. If bettors want a more traditional bonus with a rollover, all they have to do is contact 5Dimes to have it switched. The one downside to using reduced juice odds is that they are for straight bets only. Bettors are unable to parlay multiple reduced juice bets. If you aren't opposed to having accounts at multiple sportsbooks, 5Dimes is an excellent choice for getting the best price on your favorite straight bets. If you value traditional bonuses with high rollovers over odds, 5Dimes is not the right sportsbook for you.
5Dimes top odds: all NFL straight bets (1st), all NCAAF straight bets (1st), MLB total and spread bets (1st), all NBA straight bets (1st), all NCAAB straight bets (1st), NHL moneyline and total bets (1st)
5Dimes worst odds: none
Ranking Process- For this review, odds testing data spanning the NFL, NCAAF, NBA, NCAAB, MLB, NHL, and top soccer leagues was collected. Odds data measures over 1,400 games across nine offshore sportsbooks and eight US regulated sportsbooks. Moneyline, spread, and total bets were analyzed and weighted to comprise a 2019 ranking for each league, with moneyline bets typically receiving over 50% of the weighting.
There are 16-17 sportsbooks ranked for each league, except the MLB, where only 13 sportsbooks were ranked. This is due to some US regulated sportsbooks rolling out after the MLB season concluded.
Banking Options and Fees
5Dimes offers a couple of ways to deposit and withdraw money, with high withdrawal minimums and limited fees. Free withdrawals considered, bitcoin remains the cheapest way to gamble without incurring fees.
5Dimes currently accepts debit/credit cards (Visa/Mastercard/American Express), MoneyGram, and bitcoin as deposit methods. All three methods are fee-free.
|Total Deposit Methods||3|
|No Debit/Credit Card Deposit Fees||Yes|
|Debit/Credit Card Fees|
|No Cryptocurrency Deposit Fees||Yes|
|Deposit Min/Max - Debit/Credit Card||$50/$500|
|Deposit Min/Max - Cryptocurrency||$25/$10,000|
|Banking Options and Fees|
All money deposited (excluding bitcoin) must be rolled over at least once, or else a penalty fee will be applied based on the amount requested to withdraw. For customers outside of North America, all deposits not funded through bitcoin must be rolled over twice. Rollover amounts are based on each wager's true amount, which is the lesser amount between the risk and the win for each selection.
Withdrawing money at 5Dimes can be confusing, as requests must be made between 9:00 am and 1:00 pm, with different timeframes for different withdrawal methods and days of the week. Bettors also have to go through multiple verification checks before a payout is made. This process is time consuming, but allows bettors to feel safe.
5Dimes does offer free payouts for non-bitcoin requests; however, a free payout can only be made every 30 days, with no regular payouts in between, and it must be requested on Mondays from 9:00 am to 1:00 pm ET. Although one free payout a month is fantastic, the minimum amount for check payouts – $1,000 – is outrageous.5Dimes also offfers MoneyGram as a withdrawal option.
|Total Withdrawal Methods||3|
|Check Payout Speed is < 10 days||Yes|
|Cryptocurrency Payout Speed||Yes|
|No Withdrawal Fees - Check||No|
|Withdrawal Fee Ranges - Check||$40 - $80|
|No Withdrawal Fees - Cryptocurrency||Yes|
|Withdrawal Min/Max - Check||$1,000/$3,000|
|Withdrawal Min/Max - Cryptocurrency||$50/$10,000|
|Free Check Withdrawals - Set Time Periods||Yes|
|Banking Options and Fees|
As previously mentioned, 5Dimes has five betting menus. Each menu except for the Bet Builder menu offers some form of live betting. Unfortunately, this leads to different live odds offered at the same time, for the same game.
The Live Betting Ultra menu offers baseball, soccer, hockey, football, and tennis. The menu offers period, halftime and quarter lines, even or odd props, moneylines, 3-way results/ full-time results, point spreads, 2-way handicap, 3-way handicap, O/U, game totals, team totals, Asian handicaps and more. The coolest feature of this menu is being able to turn select wagers into a parlay.
The Sports Betting Prime menu offers all major sports, as well as E-Sports. Some of the major sports include the following leagues: NFL, MLB, NBA, NHL, and NCAA. This menu offers a lot of additional bets before games start.
The Live Betting Extra menu offers soccer, baseball, hockey, football, basketball, and tennis. This menu, my favorite of the three for live betting, is pictured below.
All three live betting menus combine to offer live betting for the following sports:
|Total Live Betting Sports Offered||12|
Since 5Dimes does not have an app, I used my iPhone 7 and iPad to test the mobile version of their website. Loading times on both devices were slow for live betting and the Bet Builder menu, with the iPhone being significantly slower. When selecting a sport from the main sports betting menu, I had to scroll quite a bit to reach the bottom. While looking at baseball games from both devices, I had to scroll to the right to see the standard run line, moneyline, and total run lines.
The general design of the mobile version could use some work before I would consider making it my primary way of betting on 5Dimes.
5Dimes offers 24/7 phone support, as well as live chat support. The company also has email support that responds quickly. I tested support ten times, using a mix of support channels, and most were smooth. The support reps were quick and knowledgeable, although not as friendly as most other sportsbooks. Either way, support was readily available and the personnel knowledgeable enough to resolve any issues.
Education and Research
5Dimes offers some education, with the main offering being a detailed explanation of betting types. They do not have any news, a glossary, or additional offerings. The betting types pages aren't available once you log into your account, since the layout changes and certain links disappear. For inexperienced bettors who made need to reference the pages, this can be a nuisance. That being said, 5Dimes does a great job of explaining each betting type they offer.
5Dimes has a stats center on its main website that contains historical performance, statistics, game logs, matchup previews, and much more for the NFL, NBA, CFL, NHL, NCAA (football and basketball), soccer, and the WNBA. The image below displays some NBA data showing how each team performed against the spread (ATS). Few sportsbooks provide free data like this, and this stats center will help 5Dimes in an expanding US market that will be hungry for all kinds of data.
Being able to check LeBron James’s individual stats, the Los Angeles Lakers schedule, and their recent ATS performance in one place is awesome. I wish this stats center was available once I logged into my account, instead of just on the homepage. Regardless, the data provides important insights to anyone using the main platform.
5Dimes is an offshore sportsbook, meaning it is illegal in the eyes of the US government. BettingBuck.com always recommends betting with a US regulated sportsbook over an offshore sportsbook. If you live in New Jersey check out our Best New Jersey Sportsbooks
There were a string of complaints in early 2017 that fraudulent charges were appearing on dozens of people’s credit cards months after they deposited at 5Dimes. With dozens of complaints on different websites, these claims from various bettors are somewhat concerning. These reports surfaced in January and February of 2017. There have not been any recent reports.
In recent news, the owner and head of 5Dimes for the last 18 years, William Creighton, was recently found dead after being reported as missing since September 24th. Reports had surfaced that Creighton was kidnapped and held for ransom. 5Dimes issued a statement saying their operating model will remain unchanged.
There have been no 2018 reports regarding any issues.
5Dimes has been around for over 20 years and remains a powerful offshore sportsbook.
New player accounts default sports betting into 5Dime’s reduced juice promotion, which gives players reduced lines on straight bets for football, basketball, baseball, hockey, soccer, golf, tennis, and fighting games/matches.
If bettors would prefer bonuses, cash-backs, or other reward programs they should contact customer service to switch over. An example of a 5Dimes bonus, as opposed to reduced juice, would be a 50% deposit bonus with a 10X rollover. This means an account that initially deposits $200 would receive 10 bonuses of $10 each. The player would then have to wager $2,000 to get all $100 of their bonus.
5Dimes currently restricts play from the following countries: Slovakia, Slovenia, France, Portugal, Hungary, United Kingdom, Russia and Ukraine.
As one who has traded stocks for years and studied finance in college, I couldn’t help but appreciate the reduced juice 5Dimes offers. Across all sports, their odds are tremendous, and for gamblers who place wagers almost every day, it makes sense to find the cheapest odds.
Although the overall interface is outdated and the mobile loading times are slow, 5Dimes ultimately shines with its offerings of great customer service, a variety of betting menus, and data on teams and players throughout the season. 5Dimes has proven why it has been a player in the offshore sportsbook industry for so long.
For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.
Learn more about how we test.
About the author: Joey Shadeck Joey Shadeck is a research analyst for BettingBuck.com. He has been a sports fan all his life, football and basketball being his two favorites to watch. Joey remembers betting his mom that the Green Bay Packers would beat the Detroit Lions as early as elementary school. He has 5 years of online betting experience with hundreds of bets placed during that time.