5Dimes Review 2020 – Read our Bookmaker Rating in 5 Mins
Last updated & tested: 2020-01-10
When was 5Dimes founded? 5Dimes was founded back in 1998, quickly making a name for itself as one of the biggest online bookmakers around. Featuring a sportsbook, racebook, casino and poker room, the easy-to-use platform is worth considering for all recreational punters. It is the 5Dimes sportsbook that has attracted the most amount of attention, with their wide range of markets and generous sports betting bonuses allowing them to compete with some of the biggest names in the industry. Having been established in Costa Rica, where they are still licensed and regulated, almost 20 years ago, 5Dimes has made great strides in the sports betting market, with their association with the like of Sportbet, IslandCasino and Betanysports only helping further. With over 100 employees helping to ensure that they stay on top of things, 5Dimes accept customers from all US states, as well as other countries.
Unfortunately, 5Dimes no longer offers a special bonus for UK customers. For that reason we suggest that you take a look at our Betway review, including their awesome sign up offer for new customers.
The result of the OpenOdds 5Dimes review
5Dimes is a bookie that is now synonymous with the betting industry, with the platform undoubtedly being one of the major players when it comes to offshore gambling. The sportsbook has gained a reputation for a whole host of positive factors, including a wide variety of promotions, quick pay-outs and an excellent number of markets. As well as performing well in this 5Dimes sportsbook review, the online casino and poker room help to constantly attract new users to their site. With very little negative points found when completing this 5Dimes review, coupled with their excellent services and features, they score a pretty high Open Odds rating. We think 5Dimes is one of the best online bookmakers around today. Keep reading as we take you through all the bookie’s main areas and offerings to answer the question: ‘is 5Dimes safe for online gambling?’
5Dimes: OpenOdds 10 Review Categories Comprehensive Rating Report Concerning This Top Bookmaker
All bookmakers thoroughly tested by the OpenOdds team, must prove themselves in the following 10 review categories, even 5Dimes!
01.Bonuses: Reduced juice and potentially lucrative promotions
Does 5Dimes deliver the best free bets offers? One of the things that 5Dimes is most well-known for is its bonuses, with their reduced juice offers for a large amount of sporting events, meaning that customers have a heightened chance of coming out on top. Elsewhere, new members are able to select which form of welcome offer they prefer, something in which not many other bookmakers can say that they do. A reload 5Dimes bonus of up to 20% is available, depending on which deposit method is used; while a 50% free 5Dimes bonus of up to $2,500 is among the best in the business. Elsewhere, there is a whole host of ongoing promotions to take advantage of, including loyalty bonuses, cash back 5Dimes offers and betting insurance. Sadly, 5Dimes no longer offers a special welcome deal. For that reason we suggest that you take a look at our Betway review, including their great welcome bonus for new customers.
02.Customer Service: 24/7 support via telephone, email and live chat
5Dimes offers a range of features when it comes to customer service, with customers able to get in touch with members of their support team 24/7. Whether via telephone, email or live-chat, problems or issues are generally dealt with far quicker than the industry average. Emails are responded to within less than 24 hours on the whole, while live-chat agents respond within just a matter of minutes. While 5Dimes staff members are perhaps not the friendliest, they certainly endeavour to help as quickly as possible. As well as these features, a detailed FAQ section is available to both online and mobile users, answering some of the most commonly asked questions concerning their operation. As a result of the variety of contact options and 24/7 availability (which not all sites offers), our bookie rating is high for this aspect of 5Dimes’ offering.
03.Sports Covered: Markets galore, perfect for any type of punter
Undoubtedly one of the biggest attractions for new customers at 5Dimes is the number of possibilities when it comes to placing bets on their sportsbook. With over 1,000 sports betting options available on a daily basis, all of the most popular sports are covered. Unsurprisingly, given their standing in North America, sports such as American football, basketball, baseball and ice hockey markets all feature heavily on the site. That doesn’t mean that international sports are excluded, however. 5Dimes also offers a wide range of golf, tennis and motor racing markets, among others. As well as the number of markets available, the depth is truly impressive, with college, amateur and regional events also covered.
04.Payment Methods: Quick, trustworthy and secure banking options at 5Dimes
5Dimes deposit and withdrawal methods are both straightforward on the betting platform, with plenty of banking options available, all of which are quick and reliable. All major credit and debit card transactions are available. Notably, the site also accepts the popular cryptocurrency, bitcoin, for customers who prefer this method. Unfortunately, and quite surprisingly, e-wallets such as PayPal, Neteller and Skrill are not available at 5Dimes. The bookmaker does score points for the fact that all available payment methods are free of charge, taking up to five days. Minimum deposits start at a quite high $25, while maximum withdrawals in this 5Dimes review sit at $10,000. One of the main reasons as to why customers sign up at 5Dimes is to take advantage of their excellent transaction times and banking options, so we’re happy to award a high rating for payment options.
05.Security: Working hard to silence their critics
Is 5Dimes safe? All transactions at 5Dimes are processed securely and safely, with an RSA approved 1024-bit key SSL encryption meaning that customers are free to place bets with confidence on their site. Despite this, there have been some negative 5Dimes reviews surrounding fraud in the past, with the organisation choosing not to comment on this. Elsewhere, and for additional security, 5Dimes send an email confirmation to all customers when a bitcoin withdrawal has been requested. The fact that confirmation is required before any form of 5Dimes pay-out will be made decreases the chances of fraudulent activity. As well as this, they also enable ‘device base authentication’, preventing account access on unauthorised devices. We feel confident in giving this bookmaker a good rating for security on the basis that they seem to be taking all the steps required to ensure customers can deposit, play and withdraw their funds safely.
06.Betting Odds: Among the best bookmakers online today when it comes to odds
When it comes to odds, there are not many better platforms than 5Dimes. The margins on offer make wagering using their platform an extremely exciting proposition, with their bookmaker margin consistently staying under 4.5%. For those of you who are new to online betting and are confused about margins, the bookmakers with the lower margins are the ones offering better odds. 5Dimes consistently rank in the top platforms in this area. As a result, their sportsbook is an excellent choice for those punters looking to take advantage of some of the best odds and markets around. This may not be the sole deciding factor to take into account when choosing a bookmaker, but for those of you with definite betting strategies, margins can be a crucial element to consider. We’re happy to give 5Dimes a good rating for this aspect of their offering.
07.User-friendliness: Old-fashioned design, but quick and easy-to-use
Quite surprisingly, given the relatively youth of 5Dimes is that their site design does not offer a slick experience. In fact, the first thing that you will notice when using the 5Dimes platform is how outdated it is in its design. Despite being in serious need of a facelift, 5Dimes is seemingly not keen on changing their ways, with customers having become accustomed to their methods by now. However, looks aside, the sportsbook and other pages are certainly easy-to-use, as well as their mobile platforms. Upon logging in to your account, customers are offered the opportunity to choose which 5Dimes site they would like to access. Live-betting options are the first thing users will see on the sportsbook, while other markets are also easily accessible. Customers are also able to search by sport, league, region and type of bet. The site may look a little on the old-fashioned side, but it rates highly for usability.
08.In-play Product: Daily in-play options across a range of markets
Customers at 5Dimes have two options when it comes to in-play betting, with ‘live betting ultra’ and ‘live betting extra’ both offering minute-by-minute markets across a wide range of sports. Live betting ultra is a relatively new addition at 5Dimes, allowing customers to back their favourite teams or players in a range of different ways, whether it be within the NFL, NBA or tennis majors. Markets such as half time/full time, 3-way results, point spreads, team totals and Asian handicaps are available on the majority of markets. Live betting extra is a similar feature. However, a $500 maximum bet means that it may not be for everyone. We’ll give 5Dimes a decent rating for its in-play option, even though we have seen better offerings elsewhere, especially with many sites now offering live video streaming of events to really put punters at the heart of the action. However, you can enjoy a good in-play experience at 5Dimes.
09.Other Products: A host of additional features to help you along the way
As well as the fantastic features already discussed, 5Dimes offer a host of additions, including their useful betting apps. The 5Dimes app enables users to take advantage of all of the same features as found on the main desktop betting sites, once again utilising the basic interface that is now synonymous with their organisation. Elsewhere, their in-game propositions are available for almost every live-betting market, even if you missed the start of a game or event. 5Dimes also provide a whole host of useful statistics and data surrounding sporting action, perfect for those who like to fully research their selections before finalising any bets. In addition to the sportsbook, there are casino, lotto, poker and racebook options to explore. The casino has separate strands, through which you can enjoy a poker room, high payouts, and a wide selection of keno, blackjack, roulette and slots, etc. Again, there is a clear US slant to 5Dimes but players from other authorised countries are free to play.
10.Betting Limits: Limits to meet the needs of all punters
With 5Dimes accepting bets as low as just $0.50 and as high as $5,000, the betting platform is certainly suitable for recreational players, as well as high-rollers. Reduced juice bets, however, have a low limit of $500 (to offset the risk). Whether NFL, NHL, NBA or the MLB, 5Dimes has all bases covered. Elsewhere, smaller markets have similar limits, while propositions generally hold a maximum bet of between $250 and $500. 5Dimes are also well known for being excellent when it comes to paying winnings, with very few negative reports in this area. As a result, we’ll give this sportsbook a good rating for betting limits. We’ve high limits, but the ones in place more than adequate for newbies and more experienced players alike. Separate limits apply to the casino, which depend on the game you select.
5Dimes: Opinions & Experiences of Actual Users
Now that you have read our 5Dimess review, it is time for you to give us your opinion. You can help us come up with a 5Dimes rating that is even more accurate, enabling other punters to decide whether it is potentially the right platform to suit their needs. As a community, we can gain a better understanding of what is in store for customers at 5Dimes, as well as areas that can potentially be improved in the future.