WARNING: 5Dimes is an illegal offshore betting site that is unlicensed and unregulated in the US.
And that's merely the tip of the iceberg when it comes to the endless list of reasons why you should avoid this site. 5Dimes sportsbook is unlicensed in the US and raises the question is 5Dimes safe or legal? What do American players actually get with the operator? Let’s take on a detailed 5Dimes review and see why
we strongly suggestit should be avoided
by bettors in the United States.
Instead, why not check out these legal, legit and extremely reliable bookmakers below:
The 5Dimes first deposit
bonus
and rewards system are rather complicated to understand, as is usually the case with offshore gambling companies. This has many customers complaining they had to contact and clarify the terms and conditions with the
customer support, which doesn’t really inspire confidence either when asking yourself is 5Dimes sportsbook legit.
Added to that, there's no guarantee you'll even get the bonus at all, or that your deposit will even be registered. There's a very high risk you will lose your money here. Avoid the site, don't deposit at all and don't bother even thinking about claiming the bonus.
Usability: Platform with a poor design
The website and 5Dimes desktop interface feel like it hasn't been updated since opening its virtual doors in the 1990s. It is largely reminiscent of Windows XP and offers a
very simple design, including some even older button designs –
hardly a plus point
when offered to modern players who enjoy betting on profound and well thought out sites. It's not just the fact that it looks bad though: the site is also illegal and therefore blacklisted by us.
Payment methods: Withdrawal options are unreliable
Now the important question, how to fund 5Dimes accounts? There is a number of payment options available but the limits are often only discussed with customer support. 5Dimes encourages deposits using some shady payment methods, which is an extremely risky option in and of itself. So avoid depositing into a 5Dimes account with a highly risky payment method to fund an account with an illegal and blacklisted site. Just don't do it!
It is important to note that there have been reports of certain withdrawal methods temporarily suspended with no reason offered by the operator, which again is something often seen with offshore providers and contrasted by the regulated US sportsbooks.
Customer support: Representatives at 5Dimes are unable to resolve issues quickly
Lastly, the customer support is available through phone lines, live chat, and e-mail service. The response times are extremely slow most of the day and it can often feel like getting a
knowledgeable answer
for specific issues is a complete drag.
Avoid the 5Dimes live lines and instead check out one of the awesome bookies below!
Why offshore operators like 5Dimes are ILLEGAL and BLACKLISTED
The times they are a-changing and the once very restricted market in the United States which allowed no online bets whatsoever now has more lenient laws in several states, which adds to the overall feeling that illegal offshore operators will be pushed aside in favor of legal, state-licensed bookies.
The sportsbooks licensed to operate in the state you’re in offer a more profound experience, boasting a user-oriented approach and taking their standard of service and overall safety seriously.
It is obvious players prefer dealing with regulated companies as this provides a safer approach to gaming, especially in case of an issue where offshore operators arbitrate for themselves while legal operators have laws they need to abide. This means the industry could see state-based bookies prevailing even sooner than expected.
Is 5Dimes legit? Why not play here?
The fact the company failed to obtain a license to operate in the United States and still offers service to players country-wide tells you everything you need to know - this is an illegal scam site. So is 5Dimes legit? Absolutely not!
State-licensed sportsbook operators offer a
guarantee of quality service, regulated by the Division of Gaming Enforcement in an attempt to provide a safe surrounding for one’s gambling experience. This is founded on a basis of legal operations and gives end-users instruments to ensure such claims are in fact true.
Offshore operators can offer
no such guarantee, as 5Dimes betting means taking part in a black market. While the state agencies do not pursue players just yet, it obviously means the 5Dimes betting site could be closed at any time with no prior warning.
Furthermore, there’s no immediate care for players’ data or the funds in such circumstances, which adds to the unpredictability when setting up an account. The users are obligated to pay taxes for the potential winnings but the payment methods provided by the operator are dubious and could mean further problems in case of legal battles for the site’s sustainability.
5Dimes gambling thus comes off as a high risky and toxic environment and cannot be recommended to players wanting safety above all, but the advantages of staying with regulated operators don’t stop there – with a need to discuss 5Dimes betting limits, bonuses, site usability and possibly most importantly 5Dimes payouts. Keep reading our 5Dimes sportsbook review and get more detailed info on essential features and why to avoid them.
Am I liable to prosecution if I play with an offshore operator?
This is still somewhat of a gray area, as some laws suggest this as a possibility but the state agencies are not prosecuting players, even seemingly avoiding going after the offshore operators in some states.
Can I play with alternative payment methods?
5Dimes accepts and even encourages using some disreputable payment methods to make deposits. However, such payment providers can be extremely volatile, risky and dangerous currency to use, and they are often not tied to any form of financial system or bank.
Do I have to pay tax on my gambling winnings?
Yes, of course. Some bookies tend to even encourage avoiding it via dubious payment methods, but players in the United States are obligated to pay taxes on winnings regardless of where the bet was placed.
Are the odds with offshore operators better than with legal operators?
No, you will always find better odds, and have a safer overall experience, with legal and licensed US sportsbooks.
Does the minimum age of 21 apply to offshore betting operators?
It’s illegal for US players of all ages to play at offshore sites and should be avoided at all costs.
Staying safe and avoiding offshore betting sites
With the recent changes in laws and regulations, US gamblers have got opportunities to legally enjoy the online experience which comes with licensed operators. Offshore companies have, on the other hand, lured customers in over the course of over two decades with next to no regulation - but it seems to be coming to a halt.
This makes it all the more essential to emphasize the importance of staying safe and the only way to do so is with the
state-licensed bookies
and casinos, which tend to provide better service but are also legally obligated to comply with the said regulations.
Due to its lack of any US licensing, coupled with the other issues and irregularities we've uncovered during our review, we have been forced to blacklist 5Dimes and hope that on our recommendation you will avoid it. Be sure to take a look at our
DraftKings review
for a licensed gambling platform you can trust.
Get $150 in Bonus Bets Win or Lose when you bet $5!
T&Cs apply
4.5/5
Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
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