5Dimes Review

5Dimes is a popular online sportsbook that services players from around the world including the United States, France, Turkey and other areas many of its competitors shy away from.

Home

The home page at www.5dimes.eu.

Perhaps best known for their industry leading odds (American -105 / European 1.95) and vast number of markets (300+ props per NFL game), this is also a site educated bettors trust. In business since 1998, this is the only betting site I know of that has never had a single slow pay complaint. If you live in an area where sport betting is restricted and need a site you can count on, this is near certainly your top choice.

Deposit and Withdrawal Options

5Dimes, much like other US betting sites, currently pushes Bitcoin as their top deposit and withdrawal option. It certainly offers many advantages over the other options – mainly speed and fees, since Bitcoin payments are instant and free.

Payments

A list of currently available payment methods.

The other popular deposit option has always been card deposits (credit, debit and gift cards). They’re also free and instant. The downside is that you can rarely withdraw back to your card which means you have to do a check withdrawal. Checks can take anywhere from a week to several weeks to process and arrive.

The third option is to use a money transfer service like Western Union or Moneygram. This involves obtaining details via live website chat, or phone, and then heading to your local supermarket to make a cash deposit.

For deposits over $300.00, they will pick up the fees adding them to your account balance. As you build up a history with them, other banking methods reserved for VIPs are made available – including a cash out option that allows you to have the funds in your hand in a matter of hours.

As you’ll learn from reading the rest of this review, having an account here is a privilege that will save you a lot of money, and therefore those first few W. Union deposits are well worth making.

Understanding Bonus

When you open a sportsbook account, you’re given a choice of a bonus package or reduced juice pricing. The money reduced juice option saves even a winning handicapper far more than the bonuses offered by any competitor. To put this into perspective some, of the best deals you’ll find elsewhere on the net are 25% bonuses with a $250 maximum and 5 time rollover. If you deposit $1,000 to get the full bonus you’re left needing to make $6250 in wagers.

If you were to meet your $6250 rollover requirement at $250 wagers per game that’s 25 bets. If you’re a talented handicapper who picks 57% against the spread (a win rate very few achieve long term) you’re going to lose and average of 10.75 of those bets. When you wager $250 at -110 each loss costs you $275.00 instead of the $262.50 it would have cost wagering at -105. The difference of $12.50 per loss times 10.75 losses per 25 bets equals $134.38

Going back the bonus of 25% up to $250 offered by a competitor, these are free play credits not cash. There is a huge difference between the two that you may not be familiar with.

To explain: when you wager $250 cash on a -110 point spread, this is $250 to win $227.27. Wagering with cash, a successful bet of $250 staked at -110 returns $472.27 because you’re getting back your stake plus win.

When you wager using free play credits 250FP risked at -110 returns just $227.27; you don’t get back your stake because it was a free play, and that free play is now used up (no further bonus available). Therefore if you’re picking 57% winners – on average you’re making $227.27 x 0.57 = $129.54 per $250 in free play credits.

If you paid attention to what I just showed you, then you now realize placing bets at -105 instead of -110 saves the best handicappers picking 57% winners $134.38 during the time it would take to clear a 25% free play bonus of $250 with a 5-time rollover. $250 FP is only worth $129.54 to a 57% winner, I’ve proved my point that -105 is far better than a bonus offer.

So no matter how you slice it ($25 bets, $250 bets, $500 bets) just in the time you’re clearing you bonus -105 is better choice than taking a bonus. Also with this option your bonus is everlasting; you don’t need to reload, or meet rollover requirements or anything else. Serious sports bettors understand that bonus offers are for newbies that don’t know any better, while reduced juice (-105) is where the real value can be found.

In summary: when you join this site, you’re well advised to avoid the six other bonus package options and opt for the default package which is “reduced juice”.

Live Betting at Reduced Juice Odds

As our domain name is “livebetting.net” many people end up on this page wanting to know what they offer for in-running wagering.

For the most part, what you’ll find here is wagering on the US nationally televised games for baseball, basketball, football, hockey and UFC. While there is no advanced in-play platform such as the one Bookmaker.eu offers, you have reduced juice odds for live betting.

If you’re looking for best in-play odds on who will win a game, fight or match, this is the place to go. For prematch odds, they offer even better value (I’ll cover that below).

Pre-Match Betting

This sportsbook is to sports bettors what Disney World in Orlando, Florida is to a small child. The offers here for each sport are absolutely amazing. Of course you can bet the total, point spread, or moneyline at industry leading odds due to reduced juice, but you’ll also find a plethora of prop wagers, as well as exotics such as teasers.

I’ll cover those briefly below:

Propositions

Looking only at NFL football for the example, here you’ll find more than 300 unique wagering propositions for every single game of the season. Rather than a single variant of a prop many internet sportsbooks offer such as will there be a score in the first 7:30 seconds, they offer the same prop in all sorts of formats.

For example, you’ll find a yes and a no line for will there be a score in first 1:00, 3:30, 6:30, 7:00 and 7:30 of the game with each option having its own unique odds.

Some of the other propositions included in their list of 300 offers per match include: which team will score first, which team will score last, will the first score be a TD, will the last score be a TD, will each specific teams first score be a TD, will either team score 3-straight scores, will the team the scores first win the game, will the game go to overtime, will there be a safety, over/under wagers for longest and shortest field goal of the game, will there be a score in last 2 min of 1st half, will there be more point scored in the first half or second half, will the total points scored by a given team be an odd or even figure, which team makes the longest field goal… and I could go on and on here as there are over 300 props offered per match.

For tips on beating these props refer to my article on props. If you’re serious about that type of wagering, you’ll be here often as they offer these with a lower bookmaker margin than any other sportsbook in the industry including Betfair and Pinnacle Sports.

Teasers

5Dimes offers extensive teaser bets. The first thing worth noting is they have by far the best football teaser odds in the industry. For example: 2-team 6-point teasers are offered at +100, and 2-team 6-point “ties win” teasers are offered at -105 (when using these only on spreads that can push, you’re getting a 2-team 6-point teaser at -105 which is unheard of, because no one charges less than -120 for these.

Even more impressively, teasers can be used on any combination of high school football, college football, CFL and of course NFL. In total there are 728 different options for teasers.

This breaks down as 2-15 team teasers, and teasers that use point spreads for every half point between 5 and 9.5 points with a “ties win” and “ties reduce” option for each –and- 2-15 team sweetheart teasers in every half-point increment between 10 and 17 points, and a 20 point option, with odds for “ties lose” and “ties reduce” for each.

Also sports can be mixed, and each sport has its own set of points offered for the football teaser equivalent. No other site comes close to matching what 5Dimes offers for teasers.

Futures

5Dimes offers future bets for major events such as who will with the Super Bowl, NBA Championship, National Championship, World Series, and Stanley Cup. They also offer conference championships and divisional odds as well.

These are sucker bets (due to the high bookmaker advantage) at most online bookmakers but this isn’t the case here. Quite often you’ll find a huge 32-option future with a percent market around 108.5%. At most sportsbook, the percent market is massive; some US sportsbooks would have this as a 139% market.

Reduced Juice

On game day (not earlier) under the wagering menu for each sport there is a link called “reduced juice” available for NFL, NCAA football, Canadian Football, NBA, NCAA basketball, WNBA, MLB, NHL, grand slam tennis, PGA golf, boxing, MMA, and special events.

As I explained earlier in this article you’ll be wagering at -105 pricing, which far better than any bonus you’ll ever find. Also where it gets even better is hockey and MLB baseball. Here you’ll find an AMAZING true 5-cent line of -103/-102 base for overnights until 8:00AM.

The bottom line, this is the website you can count on for the absolute best odds and lowest margins in the industry.