10/6/2013: 5Dimes jumped up from our number-four rated sportsbook to our number-two rated sportsbook.: Improved the rating on their payouts from an 8 to a 9.: 5Dimes does not accept Click2Pay anymore. 6/12/2015: Improved the rating on their payouts from an 9 to a 10. Updated the Payout section with additional methods. A recent conversation with 5Dimes revealed some of the reasoning behind their rapid exit from the U.S. Date and MoneyGram payouts are reduced to $390 and are few and far between.
Just as it is important for an online sportsbook to have a variety of good deposit methods, it is equally important to have a good variety of payout methods. After all, if you cannot easily get your money out of your account, what’s the point? You join an online sportsbook to have fun and win money, and having a good selection of payouts at sports betting accounts is an absolute must. Of course, there is no perfect payout method that applies to everybody. Speeds, limits, and processing fees can vary quite a bit. That is why we have put together this page, to help you make heads or tails of sportsbook payouts and withdrawals.
This page will focus on how to collect money at an online sportsbook. We will start by addressing the questions of legality and safety before recommending a few great online sportsbooks that meet our standards. The meat of this page will be a comprehensive list of all the different payout methods available, complete with details on speeds, limits, and fees. This ought to be plenty of information to get you started.
Yes, online sportsbook payouts are legal as long as you stick to the sites that we recommend. These online sportsbooks are based outside of the US, and therefore are exempt from the contentious 2006 law known familiarly as the UIGEA and more formally as the Unlawful Internet Gambling Enforcement Act. The UIGEA prevents the transfer of funds to and from online betting sites, which is why you will not find many internet sportsbooks that are based inside the United States. The ones that are, for example in Nevada, are only available for in-state residents. The overseas sites listed on this page, however, are outside of the UIGEA’s reach and therefore perfectly legal.
Are Online Sportsbook Payouts Safe?
Yes, online sportsbook payouts are safe. This is because they use the very latest and most modern technology to prevent hackers from stealing your information. The way that sites do this is by using encryption, which in layman’s terms means coding. What this suggests is that anyone trying to worm their way into the site will just see long strings of gobbledygook that doesn’t look like anything specific, just lots of random numbers and letters. This information can only be unlocked by those in possession of a special code key. Besides encryption, these sites also use what is known as firewalls, which keep track of site traffic and block unauthorized users from gaining entry.
When it comes to the best online sportsbooks for US players, the more payout methods a site has, the better. That is why our list is so short, because only a few online sportsbooks have what we consider to be an adequate list of payout methods. The sites listed below are some of the very top of the line, no ifs, ands, or buts.
SportsBetting Sportsbook
Fastest Payout Times - Great Selection of Withdrawal Methods
The next time you want to bet on your favorite sports, we have a great suggestion. It’s called SportsBetting.ag, and it is one of the best sites on the web for wagering on football, basketball, baseball, hockey, soccer, tennis, and nearly a dozen more! You will find everything you are looking for at this safe and legal betting site, including a surplus of odds and wager types, a plethora of promotions and the best sportsbook bonuses, and fun-filled features like live and mobile betting. SportsBetting.ag accepts players from across the entire United States, joining is free, and it doesn’t take but a couple minutes to make an account.
We know that you are a winner and are guaranteed to make a lot of money at SportsBetting.ag. Lucky for you, SportsBetting.ag offers some great ways to withdraw your winnings. For example, you can use MoneyGram or Western Union to make a person to person payout, which takes less than 36 hours for delivery, or you can make a bank wire transfer and withdraw as much as $24,900 at a time! SportsBetting.ag offers three different types of check withdrawals as well as the eWallet service Bitcoin! With so many great payout options available, you will easily be able to have your cash in hand in no time at all!
5Dimes Sportsbook
Easy Withdrawal Options - Quick Processing Times!
5Dimes knows what it takes for a sportsbook to be the best, because it has been on top of its game for 20 years! This sports bettor’s paradise takes everything that is awesome and fun about sports betting and combines it into a one-stop betting hub that has something for everyone. You don’t have to be Billy Walters in order to win the jackpot, because 5Dimes makes it easy for novices and professionals alike! Member benefits at 5Dimes include mobile wagering, reduced juice and other bonuses, and world-class customer service.
Payout methods at 5Dimes are full of variety. MoneyGram is one of the most popular withdrawal methods, as it is fast an inexpensive. MoneyGram offers several different options: MG Red and MG EXPRESS, each of which have their own fees and limits. Debit card funds application (DCFA) is another great method. It is similar to regular debit card. The payouts go directly into your bank account, and you can withdraw as much as $2,400. If you want to request a larger payout, you might want to consider a money order, which allows you to withdraw as much as $9,500. Other methods you will find at 5Dimes include Bitcoin, cash/gift cards, and cashier’s checks.
Best Online Sportsbook With Quick Deposits Turnaround Times!
The Best Sports Betting Site That Accepts Deposits From All 50 States!
Best Legal Online Sportsbook for Deposit Bonuses in the USA!
The Best Online Sportsbook That Welcome Fan Deposits Online!
Payout Methods That You Will Find At An Online Sportsbook
Any time you want to find out the necessary information on deposit methods or payout methods, the online cashier is the place to go. You can click on any method, and the sportsbook will give you all the relevant information regarding fees, limits, speeds, etc. For a brief overview of the various payout methods available at the best online sportsbooks, we have created a cheat sheet explaining some of the basics for each popular payout method you might run into.
Western Union/MoneyGram
These types of transfer services are sometimes called person-to-person transfers. They usually take somewhere between 12 and 48 hours, depending on the sportsbook in question. It works by requesting a withdrawal from the online cashier. You will receive a confirmation number, which you must give to the retailer when you pick up your winnings. Withdrawal limits range from $50 to $600. MoneyGram is available at many online sportsbooks, although Western Union is only available at some of them.
Cashier’s Check
Cashier’s check is a method that you will find at a few of the more popular online sportsbooks, but not all of them. You might be able to find cashier’s check listed under “all other methods” at the online cashier. You will receive your cashier’s check within two weeks, and when you get it, you can deposit it straight into an ATM machine. The minimum is around $1,000 and the maximum is around $7,500. Fees are in the neighborhood of $40 to $80 depending on how much money you withdraw.
Check (by mail, courier, or EXPRESS)
Each of these check types has its own specific limits, fees, speeds, etc. Check by mail is the slowest (30 days) and cheapest ($25), check EXPRESS is the fastest (7 days) and priciest ($50), and check by courier is smack dab in the middle (15 days and $35). The deposit minimums and maximums are the same for all three types ($500 to $2,500). You can deposit checks directly into your bank account.
Bank Wire Transfer
In order to complete a bank wire transfer, you must contact your financial institution with the instructions and amount you want to pay out. It usually takes less than ten business days, with fees in the ballpark of $45 to $75. The best thing about bank wire transfers is that the maximum is sky-high ($24,900), while the minimum is around $500.
Money Order
Money orders typically take no more than two weeks. Although they are not quite as fast as some of the other methods are, they have their benefits. For example, the fees are usually flat, around $80. Some sportsbooks will even waive the fee on certain special free payout days. You can request a money order in the amount of $1,000 to $9,500 between 9am and 1pm Monday through Thursday. To make a money order, contact your sportsbook via customer service or live help.
Debit Card Funds Application
Debit card funds application is a payout method that is very similar to a regular debit card (debit and credit cards cannot be used for withdrawals because of UIGEA regulations). They go right into your bank account within three to five business days. Fees vary from about $15 to $40, but you will not be charged if you have not requested a payout within the last thirty days. DCFA payouts can be anywhere from $100 to $2,400.
My Cash/Gift Card
My Cash/Gift Cards can be used to make payouts any time, day or night. They are fast, easy, convenient, and do not have any fees attached. You will receive your cash within 24 hours after your request is processed. You must contact the customer service department at your online sportsbook to find out the instructions. Popular cards include the Amazon Gift Card and Walmart Gift Card, which lets you pay out any amount that you want, whereas the Amazon Gift Card only lets you withdraw in $50 increments.
Bitcoin
Bitcoin is a popular eWallet service that has gained in popularity over the last few years. Most online sportsbooks now accept it. Bitcoin changes hard cash into digital currency. Money comes out of your Bitcoin wallet and you must trade Bitcoin addresses with the site you are doing business with. Bitcoin transfers are almost instantaneous and there are no fees, although you may have worry about exchange rates. Withdrawals can be made in the amount of $50 to $5,000 depending on the sportsbooks you are using.
Prepaid ATM Card
Not every sportsbook offers prepaid ATM cards, but the ones who so charge a flat fee of $25. If your sportsbook does offer prepaid ATM cards, you must contact them personally and request one. They will either mail it to you or deliver it by courier (which costs about $80). You can request one any time between 9:00am and 11: pm Monday through Friday. Contact customer service to find out the payout minimums/maximums.
While it isn't the most impressive looking specimen, don't judge 5Dimes Sportsbook by its appearance or the lack of pop it has compared to other USA online sportsbooks. The no-frills design of this online sportsbook is one of the main reasons why bettors seek out a 5Dimes sportsbook review. Speaking from experience, 5Dimes is a really good option for bettors in the United States, as it has a host of valuable features that you won’t find anywhere else. The sportsbook’s Reduced Juice program is enough of a reason to join, but that’s just the tip of this iceberg. Long story short, the bottom line is that 5Dimes just works. It is as reliable as they come, and the book’s been in business since 1998, so you know they're not going anywhere any time soon.
Not only that, 5Dimes makes everything easy, which is another reason for its simplistic design. When you combine that ease of use with the betting options they have (like parlays, teasers, pleasers, alternate lines, etc.), their huge selection of sports on tap, their bonuses, their deposit methods, and their timely payout options, it’s clear that 5Dimes is the complete package. All of these topics and more are covered here. As you read through this 5Dimes sportsbook review, rest assured that we’ve analyzed every aspect of the site and have designed this overview to inform even the most novice of sports bettors about the ins + outs of this fantastic, award-winning offshore bookmaker.
5Dimes Basics:
Does 5Dimes Sportsbook Accept US Players?
5Dimes sportsbook does accept US players! Bettors from all 50 US states are allowed to participate in all of the various types of gambling that 5Dimes has to offer, including sports betting. While some other internationally regulated online sportsbooks will limit their membership opportunities to certain states, 5Dimes has always gone out of its way to cater to residents all across the country.
No matter what state you live in, if you join 5Dimes, you will be able to use the site’s excellent sportsbook, poker rooms, casino games, bingo parlor, lottery games, and international racebook. One thing to keep in mind, of course, is that you have to be over the legal gambling age in whatever state you are located in - if you are, your registration will be accepted by this excellent online sportsbook. If you are interested in 5Dimes, you can click here to visit them. Visit 5Dimes
Is It Legal to Bet Sports at 5Dimes?
Yes, it is absolutely legal for you to bet on sports at 5Dimes. But there are a couple of things to consider. If your idea of legal means that you will not get in trouble for doing it, then absolutely. If your definition of legal is exactly what the law books say, then it may not be 'legal' in your state, but only because your state probably has no laws to address the pastime at all. Most states fall into this category, making sports betting completely legal. There has not been anyone in the United States that has gotten into serious legal trouble for betting on sports at 5Dimes.
Generally, the aim of any state's legislation re online gambling is only to keep gambling sites from operating within their state and to deter users from using them instead of visiting state-run establishments that generate revenue for the state. The bottom line is that you are safe betting at any sportsbook that welcomes US players, including 5Dimes. Millions of US citizens have used these kinds of sites for decades, and the practice has proven to be fun, profitable, and safe.
Read More About Legal Sports Betting In The U.S.
Minimum Gambling Age At 5Dimes Sportsbook
On the 5Dimes site, it is explicitly stated you must be at least 18 years old to participate in legal sports betting. That means if you fail to meet these requirements, you run the risk of your account being suspended. There is also the risk for loss of funds and unpaid withdrawals. However, this is not the only age based restriction you might be subject to.
For many states, the legal sports betting age is 21 so always verify before signing up for a sports betting site. While 5Dimes does accept players at 18, there is generally a clause in the terms and conditions that states you must abide by local laws such as the gambling age. This means that you absolutely must be over the legal gambling age, or you could be subject to penalties from both the state and the sportsbook. To make things easier for you, we have created a guide to legal sports betting ages to help you figure out what the legal gambling age is in your state.
How To Sign Up For A New Account - 5Dimes Registration
The first thing you’ll want to do when you start out with 5Dimes is to make an account on the website. The account itself will cost you nothing financially, and you only deposit what you want to wager, via whatever funding option you choose. It only takes a couple of minutes to get your new 5Dimes account up and running. Once you are a member, you’ll be fully ready to be active with legal online sports betting.
Your account will be safe and secure from the beginning. You can make it fully functional after verifying it through email. You will have your own login and password to access your account. All you have to do is click the sign-up button, register an email and password, set up a way to deposit money into the account, and you’re all good. Before getting a withdrawal, you will need to verify your identity as well, but that is not a huge problem.
5Dimes Sportsbook Bonuses, Bonus Codes, And Other Promotions
New players can get a nice match bonus of 50% when making their first deposit at 5Dimes, which equates to up to $520 in bonuses. To claim this bonus, you don’t need a code – 5Dimes, remember, is old-school. Simply email the cashier after you make your first deposit, and request the application of the bonus to your account.
One of the best sportsbook deposit bonuses for American bettors on this site is the Reduced Juice reward, which allows you to reduce to “juice” you pay on each bet. These options are posted on the day of each event. Juice is essentially a small fee the book charges on each bet won. If you lose a bet, no juice is taken. Reducing that payment is a great way to maximize your payout, giving you -105 odds when other books offer the same wagers at -110 or -115. The savings really add up! Visit 5Dimes
Deposit Bonus Rollover at 5Dimes
The rollover requirement at 5Dimes works a bit differently than others. It's based on the number of times that the original deposit is wagered. For example, once the full deposit is wagered once, bettors will be able to unlock 10% of their bonus. This continues on up until the 10th time the deposit is bet. It's a variation of a 10X rollover, where the bonus amount becomes available the more a player bets.
5Dimes Betting Lines And Odds
Some sportsbooks offer a wide range of sports, but they don’t necessarily have too many options for each one. However, 5Dimes provides a huge buffet of bets on everything you can imagine. Not only does it offer everything from American standards to international fare, even Olympics and event-specific betting have big menus at 5Dimes. At this bookmaker, you’ll always be faced with an easy-to-use interface that allows you to select the sport first, and then the specifics. When you add in the sheer quantity of 5Dimes renowned alternate lines, you’re looking at several thousand different possible wagers each and every day. By most metrics, 5Dimes has the most individual bets on offer of any major offshore sportsbook.
5Dimes Live + In-Play Sports Betting Odds - 5Dimes' users have the opportunity to be thrown right into live action taking place in the sports world. The live sports betting and in-play betting lines offered will give bettors plenty of chances to place wagers on all their favorite contests in real time! This takes betting on sports to a whole new level, doing away with the old limits of betting on game lines prior to matchups starting and allowing bettors to place wagers as each game progresses. There are many advantages to betting on games while they’re being played. For example, second-half in-play betting lines for NFL football or basketball are frequently formed based on the flow of the first half. As a bettor, this is an opportunity to take practical results and apply them.
Betting while a game is going on is one of the neatest features at 5Dimes. It's not the only sportsbook that does this, but 5Dimes definitely does it better than most. The live action is in real-time and comes with betting odds that you won't find anywhere else. The unique lines are certainly something that separates 5Dimes from other sportsbooks, and it’s a big reason you should sign up ASAP.
Deposit Methods Accepted At 5Dimes
5Dimes accepts so many different deposit methods that you will easily be able to find one that suits your needs. The cashier has a list of North American funding options to take the guesswork out of which banking methods apply to bettors from the USA. There are same-day deposit options but there are also those that will take a few days to be credited to your account. You will also find that there are varying minimum and maximum deposit amounts depending on how you choose to make your deposit. Some methods are preferred more than others, and we will give you a list of the most popular USA deposit options.
Bitcoin
Bitcoin has crept its way up to the top of the “most reliable deposit methods” list. You can quickly transfer Bitcoin to your sportsbook account without having to worry about the transaction getting declined or pending for days. With the BTC address provided by the 5Dimes cashier, you can transfer the cryptocurrency directly from your eWallet. Bitcoin is hands down the fastest method when you want to start wagering within a few minutes. Tip: if you want a higher deposit limit, customer service will typically raise your BTC maximum.
Credit Cards
Most bettors would agree that credit cards are the most convenient way to make a sportsbook deposit. At 5Dimes, just enter your Visa or Mastercard number, and you can instantly start wagering on sports. Credit card deposits are processed 24 hours a day, 7 days a week.
Person to Person
5Dimes has two different person to person options and the participating providers do change. You may be able to use services such as Western Union or MoneyGram, but you will always want to verify this and any applicable fees with the cashier. Depending on the service provider and amount, your transaction fees may be reimbursed.
Money Orders
You can purchase money orders at convenience stores, grocery stores, gas stations, and other local retailers. 5Dimes requires that bettors send money orders via DHL, and any shipping fees will be covered for deposits of over $1000.
Payout Methods Accepted At 5Dimes
There are as many withdrawal options at 5Dimes as there are deposit methods. 5Dimes is well-respected when it comes to delivering players their payouts within a reasonable timeframe, and there have been no major complaints regarding the reliability of their different supported options. 5Dimes currently has withdrawal methods that all have specific fees, delivery speeds, and processing times. The cashier processes most payout requests from 9am-1pm Mon-Thurs; however, you should always look at the schedule in the funding chart, as it is always subject to change. 5Dimes also has a payouts rewards program, where the fees are covered for one withdrawal per month. You can choose to transfer your winnings to another sportsbook, use a person to person option, or opt for any of the other methods listed below:
Bitcoin
5Dimes rewards its Bitcoin users by offering no limit on the amount that you can withdraw when you deposit with the cryptocurrency. Other kinds of deposits will result in a $10,000 cap on BTC withdrawals. Of course, most other sites won’t even pay you out in Bitcoin at all unless you actually deposited with it in the first place. That’s a huge perk of using 5Dimes, as you can deposit with a credit card and pull your winnings out in BTC! When you request a BTC payout, the 5Dimes cashier will send you a verification email that must be confirmed before the Bitcoin request can be processed. After that, you can expect your BTC in your wallet within a few hours.
Bank Wire
When you request a bank wire withdrawal, the cashier will send cash directly to your personal checking or banking account. It is convenient not having to wait for something in the mail or having to drive to the bank to cash a check. You will first have to verify with the cashier that you are eligible for the method because not all banks participate. You should also keep in mind that your bank may charge an additional fee to accept the transfer.
Cashier Check
Cashier checks are delivered to your door by FedEx or another courier, and you can then cash them at your local bank. The 5Dimes cashier will mail out the check within 48 hours of your request as long as it was submitted before 1:00 pm Mon- Thur. It is important to note that the maximum for those who reside in Hawaii, Alaska, Maryland, and Oklahoma is $3,000.
Contacting 5Dimes Support - Toll Free Phone / Email / Live Chat Available
For help, all you need to do is visit the customer service page which lists contact phone numbers for questions on specific sports betting related questions. For new accounts, contact 1-877-322-7501 for information. Existing account holders can call 1-800-430-5896, 1-800-305-3517 or 1-800-243-7890 to get immediate help.
Another reliable and instant method is using their live chat support found on their website. Within a minute you will be chatting with a representative that can assist with any issue that may come up. Most users like using this option but the option to send an email to [email protected] is also available but it is definitely not as fast.
Are USA players safe using 5Dimes?
Absolutely, and this safety is due to a number of different reasons. The first is that because 5Dimes operates in a different country, federal and state laws have no jurisdiction over them. The second reason is that the majority of states do not have online gambling laws, so you should not expect any legal recourse for placing wagers with 5Dimes. The third reason that 5Dimes is safe to use is thanks to the company’s longstanding reputation of customer service and the fact that 5Dimes uses state-of-the-art encryption protocols. Additionally, 5Dimes does not sell or share user information with any other company or government entity. This is why so many Americans feel safe using the 5Dimes sportsbook.
Is 5Dimes regulated? And, if so, from where?
5Dimes is 100% regulated, it just isn’t located inside the United States. 5dimes is located in San Jose, Costa Rica, and is regulated in Costa Rica due to this. They abide by all Costa Rican gambling restrictions, which are less puritan than those of the United States, but still require legitimacy from their online gambling providers, such as 5Dimes. 5Dimes has a great reputation in the gambling community, both for ease of use and for customer service, so if you encounter any problems, they’re usually pretty great at helping you out.
Will 5Dimes accept new members from my state?
Yes, 5Dimes is able to accept you no matter which state you reside in or are from. The site will ask for some form of government-issued ID in order to ensure that you are a real player from that state, however. They do this to ensure that they protect themselves from automated bets and duplicate user accounts, and also so that they deliver payouts to the right person at the right location.
How do I know if 5Dimes is legit?
5Dimes is a well-recognized brand throughout the sports betting community and for good reason. There are multiple forums, Reddit posts, and reviews from multiple websites across the web proving their legitimacy. Basically, all they are is a sportsbook that is run from overseas - an offshore sportsbook. This means that they can be slightly harder to get your deposits into, but other than that, you should be good.
5Dimes has even reached the level of prominence such that they have had their lines referred to by ESPN, Bleacher Report, and other major sports media outlets. They also have multiple payment methods and a live phone number that you can call to speak with a representative 24/7. So, in summary, yes, 5Dimes is legit.
Is 5Dimes a trusted sports betting site?
5Dimes wouldn’t be operational since 1998 if they weren’t a trusted sports betting site by so many us players and members across the world. As part of their rules, “the personal identity and details of all members will remain confidential.” As part of their policies, they also work to ensure that there is no match-fixing so that integrity in the event itself can remain intact.
Are online sportsbook scams at 5Dimes an issue I should be concerned with?
Unfortunately, with the Internet being so open and widely accessible to everyone, this is a harsh reality that sports bettors should remain wary of. However, 5Dimes is one of the exceptions to this because they have built a solid reputation on paying their players and providing them with some of the best lines and customer service in the industry.
Can I bet from a smartphone or tablet through 5Dimes?
Not only can you do it, but 5Dimes makes it easy to bet from these mobile devices. When logging on to 5Dimes from your iPhone or Android browser, you’re automatically redirected to a mobile-optimized portal designed around quick browsing and betting in just a few taps and swipes. Mobile betting at 5Dimes is far more popular than using the desktop interface, and that’s not going to change anytime soon.
Will 5Dimes allow me to call to place a sports wager?
Yes, but there are rules to keep in mind when trying to do this, the first being that you have to already have an account open with 5Dimes. The second rule is that you have to have a minimum of $500 already deposited into your account. Each wagering type that you want to make also comes with a minimum amount. For example, if you want to make a straight wager, there is a $50 minimum. While the amount you’re required to wager may be inconvenient, betting over the phone is available 24 hours a day. The limits on this method are in place strictly to keep the majority of bets online instead of tying up the phone lines.
Does 5Dimes offer live betting on sports?
5Dimes does have Live-In Play wagering on the following sports: the NFL, NBA, College Football, CFB bowl games, MLB and tennis can all be bet on as the action unfolds. Live betting is one of the fastest-growing ways to bet on sports and just about every reputable sportsbook should offer this feature to bettors. Live betting is only available at 5Dimes online sportsbook and bets cannot be placed over the phone. 5Dimes also has a feature called live betting extra that offers odds on a variety of live sports happening daily.
Does 5Dimes ensure payouts to U.S. players?
5dimes Moneygram Payout Limit
Yes, and they do so through a number of different ways. You can choose traditional methods such as a cashier check, money order, or bank wire transfer. However, these come with varying fees, and it may take several days (if not a couple of weeks) before the funds arrive to you. In order to avoid long waits and high fees, 5Dimes also sends payouts through Bitcoin, which comes with no fees and can often be delivered in under 24 hours. Bitcoin is the only same-day payout method available at 5Dimes or any other offshore sports betting site.
5dimes Payout Methods
Can I make deposits to 5Dimes through PayPal?
5dimes Payout Options
While PayPal is often the go-to transaction method for many online shoppers, 5Dimes does not currently accept deposits through this method. PayPal does not allow US bettors to send or receive money to offshore sportsbooks of any kind. Instead of accepting PayPal, then, 5Dimes will instead accept deposits through credit cards, prepaid cards, person to person transfers, Bitcoin, sportsbook-to-sportsbook transfers, and account-to-account transfers. Best of all, most of these deposit methods are available 24/7.
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