5dimes Scam

  

Offshore sportsbook 5Dimes announced this week it was closing its doors to US customers. But there were some hiccups with that move.

Multiple 5Dimes customers have since had their open futures bets and accounts transferred a more obscure offshore site called Betanysports.

The site layout, prices and bet options all look identical to 5Dimes. Review sites note betanysports is also based in Costa Rica and a “sister site” to 5Dimes.

Betanysports Sportsbook and Casino offers players a unique online gaming experience with sports betting, online casino gaming, online poker room, a full racebook, skill gaming and lottery room. Players are rewarded for their play with valuable promotional offers.

5dimes

5dimes just looks old. They have updated the UI but it is not a major change to the design. This is just the “5dimes style” and doesnt mean that 5dimes is a scam. I read on reddit that 5dimes sells credit card data. 5dimes is the only sportsbook I use because they have lottery for every state at the best odds. Saves me from waiting in line to play my numbers. Sportsbook has the most options anywhere. Bottom line is they pay hit number for $22500 and although it took 3 weeks to recoup it all. They had no problem paying. Yes, 5Dimes is a perfectly safe and legitimate sports betting site. They’ve been in business since 1998 and some of our editors have used them for nearly that entire time. Whenever the topic of reliable sportsbooks comes up in betting circles, 5Dimes is in the conversation as. On Bookmakers.bet you can rate your betting experience and check other players' reviews for more than 100 sportsbooks. We test each bookmaker in seven different categories. Moreover, we keep an updated list of scam bookmakers, so you make sure that you bet your money in the right place.

As one Reddit user reported: “5D transferred my entire account over, and it went flawlessly. All account info, all pending bets, balance, etc…all transferred and looks exactly like 5d did.”

The simplicity of the migration suggests that 5Dimes and betanysports might run on the same platform. Migrations simply aren’t that easy otherwise.

Using the same platform doesn’t necessarily mean the companies are connected, but it does raise some questions.

Multiple Reddit and social media users also reported a straightforward switch and that betanysports was identical to 5Dimes.

What is going on behind the scenes at 5Dimes?

The company and customer service agents said there was no relationship between the two sites.

It’s also important to note not all customers were offered the chance to switch. Some bettors with massive +EV futures simply had them voided.Legal Sports Report also asked 5Dimes customer support for options for betting with the site closing off the US. No suggestion or offer to move was given. (The account also had no deposit history, for what it’s worth.)

There’s obviously a huge imbalance here in favor of the book. They’ve already collected on a lot of losing NHL and NBA futures. And now they can cancel the remaining live tickets.

That might explain why betanysports stopped accepting transfers on Tuesday, as some 2+2 users reported.

Bettors were also told that the minimum withdrawal amount on account balances was $100, causing more issues for smaller players.

How did we get here?

Remember, 5Dimes is closing US customers because it wants to relauchits operations with a “fresh start”. The company hinted it could be looking at the regulated market.

However, it declined to provide any details on how such a relaunch would work. One option laid out by Eilers & Krejcik analyst Chris Krafcikcould be the PokerStars route.

That is, some kind of settlement with the Department of Justice, then a sale of assets, like the brand and tech stack, to a third party.

That’s assuming the 5Dimes brand and tech has any value left, that is. Perhaps the most valuable asset is the database of US customers built over two decades.

Regardless of what’s really going on behind the scenes, the push for a 5Dimes rehabilitation and “fresh start,” hasn’t exactly started out promisingly.

For sports betting fans around the world, finding a reliable online sportsbook can either be very easy or very costly or sometimes both! Making the wrong decision on which online sportsbook to invest your money with can not only cost you a ton of money, it can cause you major headaches! I think we can […]

For sports betting fans around the world, finding a reliable online sportsbook can either be very easy or very costly or sometimes both! Making the wrong decision on which online sportsbook to invest your money with can not only cost you a ton of money, it can cause you major headaches! I think we can all agree that winning large bets and never getting paid, is neither fun or exciting!

This is why we have made this article to explain to you what to look for, online sportsbooks that we feel are reliable and those that have their issues.

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Choose the Right Online Sportsbook

Before you sign up for an online sportsbook, you need to ask yourself a few simple questions. What will you be wagering on and does the sportsbook I am considering, have this type of wager. If you are a football player in the fall/winter and enjoy playing the prop plays, find out if your online sportsbook has that type of wagers.

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Don’t just assume that the sportsbook will have those types of wagers because the reality is that not all sportsbooks hold that type of wager. Therefore you want to make certain that you do your due diligence and find those sportsbook that take the type of wagers that fit your betting style.

How Long Has the Online Sportsbook Been in Business?

One of the first questions you should want answered when picking an online sportsbook is “How long has the online sportsbook been in business”? Mostly all online sportsbooks will list their information in the ‘About’ section of their website. Some will say it in the ‘About’ section and other websites will say it on the front page footer of the website.

Now, one thing to watch for is online sportsbooks that stretch the truth. Many online sportsbooks will want to embellish the date to make it appear that they have been around longer than they truly have. Some terms to look for are, “We’ve been in the business”, “Our staff has been in the business since” and “we have over 20 years of experience in the business”.

When companies say these type of statements, that doesn’t mean that the actual company has been in business, it simply means that some people that work for that company have been in the business for that amount of time. Use caution with those types of companies and don’t get suckered into believing they are more experienced than they truly are.

What Is Their Reputation in the Online Sportsbook Industry?

All though you shouldn’t rest your head on this, finding out an online sportsbooks reputation in the industry is fairly important. The old saying, “Where there’s smoke, there’s usually fire” is true somewhat in online sports betting. If you do a easy Google search on a company and see complaint after complaint and a majority of the complaints are on the same topic, you should walk the other way…scratch that, you should run the other way!

If you are seeing article after article and they all say the same thing, then chances are the company has issues and should not be trusted. There are a ton of options out there, why risk it with a company that has constant complaints?

Does Your Online Sportsbook Have a Mobile Platform?

This was not as important in year’s past but nowadays, we all like to wager on our mobile devices. Therefore, you want to make certain that your online sportsbook has a mobile platform that will allow you to wager anywhere, at anytime!

Does Your Online Sportsbook Have a Live Betting Option?

Once again, this is something that is rather new as Live betting hasn’t been around very long but it is a great option to have in your betting toolbox. If your online sportsbook doesn’t have a Live Betting option, chances are they are behind the times and I would suggest you avoid them.

Are You Able to Contact Customer Service?

Any reliable company will have the ability to contact Customer Service. It doesn’t matter if it is a simple email or a telephone number, you want to look for companies that make their Customer Service available 24 hours a day, 7 days a week so that when those difficult issues arise, you can get on the phone or a chat window or email and have someone readily respond to your concerns.

What Deposit Options Are Available?

When you are looking for an online sportsbook to sign up with, one of the most important items to consider is how you will make a deposit? You want to make sure you check to make sure that you are able to make a deposit.

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First off, if you do not already have Bitcoin, you should seriously consider starting to purchase Bitcoin. Bitcoin is truly the future of sports wagering as it is a digital currency that is accepted around the world and many of the online sportsbooks. Bitcoin affords you the opportunity to make deposits, as well as get paid from, various online sportsbooks in a complete anonymous manner that is safe, secure and discreet.

Now, if you choose that you don’t want to use Bitcoin, and want to use a major credit card, there are a few things to consider. First, many local banks will not allow international charges as a safety measure on your bank account. That means you will not be able to use those debit card Visa and Mastercards.

That does not mean you can’t use a credit card, it simply means you need to double check with the bank to determine if they will allow international and charges that are not native to the United States. If you find that you can’t use any of your credit cards, one other option that you can use is by purchasing a prepaid credit card at your local grocery store like Walmart, Target, etc. Using a prepaid credit card will be a little more expensive and is truly not recommended but it is a last ditch option if all else fails. Please keep in mind that if you do choose this route, you will need to keep that credit card because if you win, most online sportsbooks will prefer to refund the initial amount onto the original credit card that was used.

There are also other options that should be available to you such as person-to-person money transfers, checks, and money order deposits.

Do You Get a Bonus for Signing Up?

No matter if you’ve been in the sports betting industry for a month, a year or 10 years, we all like getting free money so when you are signing up for a new online sportsbook, you should definitely look for the best options available for bonuses.

A majority of online sportsbooks will offer you some sort of bonus structure as they are trying to earn your business! They all know that they are in a tough, competitive market that relies heavily on giving out bonus money to build their clientele. Don’t leave that extra money on the table. Look around and find what is best for your pocket and get your best bonus.

How Long Does It Take to Get a Withdraw?

One of the best feelings in the world is cashing that big play and double or tripling your money. But with that being said, one of the worst feelings in the world is finding out that it can take you 3 weeks to get your money that you have just won!

Before you join with any online sportsbook, find out exactly how long it will take to get your money! If you have to wait several weeks to get your money, look elsewhere. It shouldn’t take you a month of Sunday’s to get you winnings.