Five Dimes Review
SportsbookGurus.com - Sportsbook Reviews - 5Dimes Sportsbook
Sports betters are all encouraged to check out 5Dimes sportsbook. Odds Makers at 5Dimes know exactly what they are doing and they deliver some of the best paybacks you could hope to find. Online Sportsbooks rarely have as many features as the ones we found in the 5Dimes sportsbook review, so bettors will find 5Dimes to be one of the best sports betting experiences available through the Web. All USA players are able to bet through 5Dimes, so check out the specifics below and get into one of the USA sportsbooks with the best juice, best action, and best action.
According to 5Dimes, their staff will greet you by id when you sit down. This is nice and not something you’d experience even in a brick and mortar casino (unless you’re a regular).
5Dimes is going to be one of the last offshore sports betting sites standing. They’re like the cockroaches after the nuclear apocalypse in a good way. 5Dimes also hasn’t survived this long by stiffing winners. The bigger sportsbooks have made a lot of regular bettors and winning players gun shy. 4.5 star average rating from 2225 reviews. (2,225) Detroit, Michigan. Open until 9:00pm. Something that caught my eye about 5Dimes is that they have a really cool initiative called the 5Dimes Cares Initiative. Under this, 5Dimes supports many charitable organizations. It’s fantastic that 5Dimes is taking the time to give back to the community that they work in. 5Dimes Review Summary 5Dimes is one of the pioneers of the offshore betting industry and has been in business since 1996. Since its inception, the online sportsbook has consistently paid players on time and is still one of the leaders in withdrawal speeds.
5Dimes Online Sportsbook - 50% up to $250 Sign Up Bonus
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5Dimes Sportsbook Bonuses: 50% To $200 On First Deposit
5Dimes gets you off on the right foot through their Sportsbook Bonuses, as show here in our 5Dimes sportsbook review. The first bonus new members will receive is a 50% match bonus up to $200 dollars. The bonus requires a 5x rollover, but a smart bettor could easily turn that free $200 dollars into immense proportions. An additional bonus can be had on reloads, up to $500 dollars this time. They also have reduced juice rewards as well as casino, lotto, and poker rewards.
5Dimes Deposit Methods Accepted
A wide variety of Sportsbook Deposit Methods are one of the main reasons some people join certain online sportsbooks, and 5Dimes offers many viable choices for their players to bring in as many people as possible while providing flexibility. Electronic checks and wire transfers can be used for near instant deposits through banks. If you like e-wallets, and other convenient methods like wire transfers there is good news because they can be used here. Courier delivered checks and money orders can also be used by more patient players. If you already have an account with cash at a sister sportsbook to 5Dimes, you can transfer money from one to another.
5Dimes Sportsbook Withdrawals
We made sure to include how to get the fastest sportsbook payouts because we know it's an important aspect of choosing a sportsbook. Receiving your money from an international entity can sometimes be an uncomfortable transaction, but 5Dimes makes all efforts to prevent this discomfort from taking hold. Their pay outs are strikingly fast, delivering your money to you obscenely quick, especially if you use an eWallet. Otherwise you'll have to wait for a check, but money transfers can also be an option.
5Dimes Sportsbooks And US Players
5Dimes takes particular care of their American bettors. USA Trusted Sportsbooks are known for having have such great customer service, as the American market has begun to dwindle. You will find that 5Dimes is a great home for American sports bettors, so give them a shot and see what you are missing by betting elsewhere or not at all.
Is 5 Dimes Legal?
The short answer to this question is yes. 5 Dimes is a fully licensed sportsbook that is among the best sports betting sites accepting US players. There is no laws that make it illegal to bet on sports over the internet and that means that US residents should have nothing to worry about unless the laws change, which is very unlikely. 5 Dimes is located and licensed in Costa Rica, making it one of the best legal sportsbooks available.
5Dimes Mobile Betting
Not all sportsbooks have the option, but through 5Dimes you can place bets right through your mobile phone. They have a phone number to call to place bets, or if your phone has a mobile browser you could potentially bet using the airwaves.
Live In Game Betting At 5 Dimes Sportsbook
One of the newest things to hit the betting world is that of live in game sports betting. This allows players to bet either between plays or during commercial breaks, depending on the sport. 5 Dimes has live sports betting that allows you to bet during commercial breaks. You can bet the spread (moves as the game goes on), over / under, who will score next, and more. There is in game betting for all of the popular sports including NBA, NFL, NCAAF, and more.
5Dimes Customer Service
Customer service is the most important thing, other than betting, 5Dimes will offer, it's one of the many reason they are one of the Best Online Sportsbooks around. 5Dimes can be contacted via phone, instant chat, or e-mail. Their e-mail comes through quick, but phone and chat run instant. Bettors should have no problems using any of their customer service lines.
5Dimes Casino
If you feel like playing casino games through your sportsbook, rest assured that 5Dimes can offer you some great ones. While their sportsbook is what they are best known for, they also have quite a popular casino. Check it out and see what else 5Dimes has to offer players besides a highly rated sportsbook.
Wager Types Offered At 5Dimes
The betting lines available are many upon our review of 5Dimes sportsbook, we found parlays, teasers, pleasers, the straight bets, props and more to be available money lines.
5Dimes Parlays
At 5Dimes Sportsbook, a maximum payout of $250,000 is allotted to those putting down a wager. there is the potential for an unlimited payout, but approval is needed from the sportsbook itself. Other important features of parlays at 5Dimes includes the sport of football. Football is the only sports at 5Dimes where bettors can wager parlays on the same game. This is allowed for quarter, halftime, and game lines when the ratio for the payout is greater than 3 to 1. 5Dimes allows bettors to put down parlays for live betting as well when bettor choose to participate in in-game wagering.
NFL Betting Lines At 5Dimes
5Dimes has placed special consideration on NFL betting through their sportsbooks. The NFL receives more popularity and more bets than another sport, so they have taken special care of NFL bettors. Reduced juice, advanced futures, and high paying parlays give users many options when trying to place bets through the sportsbook that is 5Dimes.
MLB Lines At 5Dimes
MLB betting is one of the more difficult sports to bet on. 5Dimes provides players with some useful information as well as additional reprieve from inexperienced bettors. Futures and parlays pay particularly well when betting on the MLB.
NBA Lines At 5Dimes
Being what is probably the second most popular sport to receive bets on, the NBA also gets some of the best NBA betting odds and most varying money lines. They follow each game dutifully and you can find great rewards if NBA bets are placed properly. 5Dimes sportsbook review gives players the opportunity to win big on their favorite games, as every main event is covered by 5Dimes.
5Dimes Horse Race Betting
Those who like the ponies will be pleased to know that online horse betting is also covered by 5Dimes. The Triple Crown is their biggest venue, but they also take bets on smaller races. Thoroughbred races from all over the United States have bet lines through this one horse betting website. The payouts can be phenomenal, and horse racing is one of the quicker bets you can place, if you don't like to wait. Don't blink!!!
5Dimes, a popular Costa Rica-based sportsbook, has reached a $46.8 million settlement with the U.S. government following a federal money-laundering investigation, according to a settlement agreement obtained by ESPN on Wednesday.
5Dimes agreed to pay $15 million in cash, forfeit more than $30 million in assets and stop accepting wagers from U.S. customers while operating out of Costa Rica, according to the settlement agreement reached with the U.S. Attorney's Office for the Easten District of Pennsylvania.
The settlement also absolves Laura Varela, the widow of 5Dimes owner William Sean Creighton, of any criminal conduct alleged against the sportsbook. Varela assumed responsibility for 5Dimes' assets after her husband was kidnapped in September 2018 and found dead a year later, but she did not have 'day-to-day authority' over its operations, according to the settlement.
'The investigation was a complete success from our perspective,' Michael Lowe, assistant U.S. Attorney for the Eastern District of Pennsylvania, told ESPN. 'There was gambling going on, but we discovered it, we put a stop to it.'
The non-prosecution agreement allows 5Dimes and Varela to pursue opportunities in the expanding American sports betting market. Varela, who fully cooperated with the investigation, made 'significant changes' to 5Dimes's operations that make it 'suitable for participating in lawful gaming operations across the world,' according to the settlement agreement.
'We achieved the objective, which is, she is compliant with U.S. federal law right now,' Maria M. Carrillo, assistant U.S. Attorney for the Eastern District of Pennsylvania, told ESPN. 'What that means for her is she is not operating in violation of U.S. law, and she is not actively taking bets from U.S. bettors.
Five Dimes Sportsbook
'Whether she's positioned well for regulators, that's up for the regulators to decide,' Carrillo said. '[5Dimes] certainly is no longer in violation of federal law.'
In an interview with ESPN, Varela said she is ' very, very happy and very excited about what the new chapter of 5Dimes can be.'
Creighton, a native of West Virginia, launched 5Dimes around 2000. At a time when sports betting in the U.S was restricted to primarily Nevada, 5Dimes grew it into one of the most popular online sportsbooks that served American bettors and eventually attracted attention from federal investigators.
In 2016, the Eastern District of Pennsylvania, in conjunction with the Department of Homeland Security, revealed it was investigating 5Dimes for money laundering, according to a seizure warrant filed in U.S. District Court that year. In the warrant, an agent detailed how he believed 5Dimes instructed bettors based in the U.S. to use gift cards as a way to place and later cash out bets. Creighton was never formally charged; however, the investigation remained open for years.
Is 5 Dimes A Scam
5Dimes used third-party payment processors to accept illegal payments from U.S. customers, the U.S. Attorney's Office said in the settlement agreement. The third parties processed credit card transactions for 5Dimes that concealed the nature of the charges, and received funds from U.S. customers' credit cards that were then transferred to bank accounts of shell companies operated by Creighton, according to the settlement.
Varela, through her attorneys, contacted the Eastern District of Pennsylvania in the spring of 2019 and offered her cooperation to settle the case. According to the settlement, she helped retrieve assets, but the parties agreed that her cooperation 'did not include information about the identities of individual U.S.-based customes.' Gold coins, cryptocurrency, funds from the sale of season tickets to the Pittsburgh Pirates and West Virginia University basketball and football, and a 1948 George Mikan rookie basketball card that Creighton purchased for about $400,000 are among the forfeited assets.
The Department of Homeland Security gifted the Mikan card to the Smithsonian Institution in Washington, D.C, according to the settlement agreement.
On Sept. 7, 5Dimes posted a notice on its website that it would stop accepting online bets from U.S.-based customers and instructed them to withdraw funds by Sept. 25. Any funds not requested by bettors before the deadline will be turned over to Epiq, a third-party claims administrator who will help the distribution process. Any funds not claimed by Sept. 30, 2021, will be forfeited to the U.S government, according to terms in the settlement.
Varela's attorneys, Stephen A. Miller and Barry Boss of firm Cozen O'Connor, said 5Dimes has established a new corporate entity, 5D Americas LLC, in the State of Delaware, as the sportsbook eyes the U.S. betting market. Legal sportsbooks are operating in 18 states and the District of Columbia.
As part of the settlement, the U.S. Attorney's Office for the Eastern District of Pennsylvania said, at Varela's request, it will answer questions from interested parties, including state regulatory authorities, regarding 5Dimes and Varela.
Creighton was abducted by four men in a rented grey pickup truck around 10 p.m., on Sept. 24, 2018, after leaving the 5Dimes office in San Pedro, the Costa Rica judicial investigation department (OIJ) said last year. The kidnappers demanded a $5 million ransom and received $1 million from Creighton's family, but Creighton was not returned, OIJ said.
A year after Creighton's disappearance, the OIJ reported finding his body in a cemetery in the small fishing town of Queops, Costa Rica, approximately a three-hour drive from where investigators believe he was abducted.
In January 2019, authorities conducted raids in Costa Rica and Spain, leading to the arrest of 12 people believed to be involved in Creighton's disappearance, according to an OIJ statement at the time. Three suspects were extradited from Spain to Costa Rica in April 2019 and, as of September 2019, were being investigated for the crime of extortive kidnapping, according to the Costa Rica Office of Public Ministry.
The Assistant Prosecutor's Office against Drug Trafficking and Related Crimes for Costa Rica told ESPN in an Sept. 17 email that the case against Creighton's alleged kidnappers is in the 'final investigation phase.'
Five Dimes Review
According to the settlement, Creighton was the founder and had exclusive control of 5Dimes until his disappearance and death. Varela told ESPN she had never been involved with the operation of 5Dimes and that the management team in place continued to run the sportsbook following Creighton's disappearance.
'Months kept going by, and he was not coming back, and the reality also starts hitting, that's really when I realized the best thing for me and my family to do was to look for legal counsel,' Varela told ESPN in an interview conducted on Zoom.
Creighton grew up in Bridgeport, West Virginia. After graduating from West Virginia University in 1998 with a degree in business administration, he moved to Costa Rica with a small group of friends to launch 5Dimes. He was 43 at the time of his disappearance.
Five Dimes Sportsbook Review
Varela says the loss of her husband, the father of her two young children, is a tragedy she doesn't believe she'll ever get over. 'You just learn how to live with it,' she said.