Review Of 5Dimes
If you live in New Jersey and bet on sports regularly, chances are good that you’ve heard of 5Dimes. 5Dimes is an outstanding offshore sportsbook that accepts all bettors from NJ aged 21 and older. The site has been in business for years, and it’s got upwards of 100,000 avid, frequent New Jersey bettors calling it home. 5Dimes is a fully-fledged sports betting site, but it also has a poker room, a real-money casino with slots, and even a racebook. Of course, sports betting is its main claim to fame, and it plays the game better than just about anyone else. 5Dimes has great promos, sitewide Reduced Juice rewards, tons of cash-back perks, big welcome bonuses, and more. Outside of that, 5Dimes is especially known for its wacky big-game props and its cornucopia of alternate lines available on just about every contest.
Many of you might be new to legal online sports betting in New Jersey. New Jersey residents can join 5Dimes safely and legally, and they can bet with peace of mind at this industry-leading sportsbook. Do not fear, signing up is simple, and 5Dimes has some of the best tutorials in the world. If you don’t know the difference between a straight bet and a parlay, or a point spread and a money line, do not worry. A quick run through the site’s “Getting Started” section will have you betting like a pro in no time. This 5Dimes review is going to take a look at the ins and outs of the 5Dimes sportsbook, showing you exactly why this site is one of our longtime favorites. You will understand how 5Dimes operates legally for New Jersey residents, and you’ll also understand why the site is as popular and beloved in the Garden State as it is.
Is It Legal To Bet At A Sports Betting Sites In New Jersey?
Yes, 5Dimes is a legal sports betting site. There is one law in particular that does affect betting on sports in the US, but 5Dimes operates out of San Jose, Costa Rica, so US laws don’t actually apply to the bookmaker. Because of this, 5Dimes is free to take your real-money bets on all sporting events in New Jersey, in the US, and even internationally. There is not a single restriction on bettors who wish to place bets at 5Dimes. Simply put, anyone in New Jersey or anywhere else in the US can place bets at overseas wagering sites and not break the law in any way!
The law that I keep referring to is the Wire Act of 1961. The Wire Act was originally passed to keep “gangsters” or “mobsters” from using their organized crime connections to influence sports events and games, their players or leagues, and the hosts, coaches, or organizers of the events. These mobsters would threaten athletes, bookies, and league owners to force them to make profits for their organized crime rings and syndicates. To help stop the flow and grip of these criminals, the government passed the Wire Act. The Wire Act made it a crime to transfer funds and wagering information over wire communications over state lines. This law has been “reinterpreted” since the 1960s several times, and in recent years, there have even been whisperings about expanding the Wire Act to apply not just to Internet sports betting, but to all forms of gambling. However, that is unlikely to happen with the new legalization efforts for sports betting all across the US. As the law stands today, it does not and will not affect those who wish to bet online at overseas betting sites like 5Dimes.
Is It Safe For New Jersey Residents To Use 5Dimes?
It is safe for New Jersey residents to place sports bets at 5Dimes. 5Dimes has built an impeccable reputation with its players as well as endorsements from major sports news and analysis outlets. 5Dimes is a trustworthy site that builds a relationship with players and has customer service representatives standing by to answer any question or concern. 5Dimes doesn’t just cater to US players but also to players from around the world, and its members number is the millions. In New Jersey alone, 5Dimes has members numbering close to 100,000. Safety is the top priority of 5Dimes, and they employ only the best IT security teams, have very rigorous security protocols that they follow to the letter, and utilize the most sophisticated firewall and encryption technologies. This all makes 5Dimes virtually invincible to hackers! 5Dimes is a fully regulated and licensed betting site, and they keep with the same level of standards as any other reputable and safe Internet-based business.
|Legal NJ Sports Betting Sites||New Player Bonuses + Promos||Bet Now|
|BetOnline Sportsbook||$1K w/ 50% Match - Good For Life||Click To Sign Up|
|SportsBetting Sportsbook||$1K w/ 50% Match - Lifetime Bonus||Click To Sign Up|
|BetDSI Sportsbook||$500 w/ 100% Match - Lifetime Bonus||Click To Sign Up|
|5Dimes Sportsbook||Multi Bonus Worth Up To $520||Click To Sign Up|
Has Anyone Ever Been Arrested For Betting At 5Dimes In New Jersey?
No way, Josie. There have never been any arrests linked to 5Dimes or any other offshore sports betting sites in New Jersey. No one has been prosecuted for placing bets with 5Dimes, or even fined, cited, or otherwise inconvenienced in any way. That said, there is a US law called the Unlawful Internet Gambling Enforcement Act, or UIGEA. While this law sounds scary, of course, it’s actually not got anything to do with bettors or sportsbooks. Instead, this is a banking regulation that Congress passed in 2006 to make it unlawful for domestic financial institutions (i.e. US banks and credit unions) to knowingly process payments to and from offshore sportsbooks and gambling websites. Fortunately, the law proved toothless, and the entire outcome of the UIGEA is merely that, every once in a while, your credit or debit transfer might be turned down when you try to deposit into 5Dimes or any other book. If that happens, you can either wait a minute or two and try again, or you can use a different card or payment type. 5Dimes is 100% legal, and if you live in New Jersey, there is nothing standing in your way when you want to make a sports wager over the Internet.
If You Bet Your Money At A Sportbook In New Jersey, Is It Safe?
When you deposit your money at 5Dimes you have peace of mind that you are getting what you are paying for, and that your choice in service providers was the right one. Let’s speak in hypotheticals for a minute: If you were to buy a ticket to fly to AC from inland New Jersey, you would be spending at least $150 just on the ticket. That would not include other transportation, food, lodging, or even the money to gamble. So, we are talking about upwards of a thousand dollars already just to place a wager at a physical book. You may or may not have a great time, and in the end, is it really worth it? You could use that extra money for placing bets and winning even more money if you limit your betting to New Jersey sports betting sites, instead.
Of course, you can use a state-licensed online NJ book instead of 5Dimes, but that’s often a waste, too. First of all, you’re not going to get even half of the lines and props on any matchup that you’d get at offshore books. Second, you’re going to get ripped off because the bets at local NJ books cost more to place! It’s true! This is because NJ books get tons of action on local and nearby teams (Yankees, Giants, Jets, Devils, etc.). When that happens, sportsbooks increase the price of the wagers to compensate for the unbalanced home-team favoritism. Lastly, New Jersey does not allow NCAA betting on any NJ-based teams or any college games played inside the state. If you’re a fan of Rutgers or Princeton or Seton Hall, guess what? At local NJ books, you can’t bet on them. But at 5Dimes, you can! Are you convinced yet?
Will I Get Any Bonuses For Betting with 5Dimes?
All new players using the great sports betting websites in New Jersey are going to receive some kind of bonuses just for signing up. 5Dimes has Reduced Juice applied across its sportsbook, and that added value is a bonus – and then some! What is Reduced Juice? Well, juice (aka vigorish or vig) is the commission a sportsbook charges on a wager. It’s the house take. At most local NJ books, a normal spread bet on the Giants or Jets to cover would have a price listed at about -130. This means that you have to risk a ratio of $130 for every $100 won. Most books put their standard vig or juice at -110, meaning you have to risk a ratio of $110 for every $100 in winnings. The books keep the difference. At 5Dimes, though, Reduced Juice means those same bets will only cost you -105, or $105 for every $100 won. Compared to local options, using 5Dimes is like saving at least $25 for every $100 wager you make, right off the top!
In addition to Reduced Juice, 5Dimes gives new members a welcome bonus worth up to $520 in free-play rewards for their first sportsbook deposits. The rollover requirements are easy to meet, too – just place bets online using the sportsbook and the rewards will roll on in! It’s also valuable to mention that not only are there rewarding programs for the sportsbook, but 5Dimes offers a wide number of bonuses on its casino and poker rooms. Even if you’re not doing any sports betting in New Jersey, you can still get more bang for your buck by going online instead of traveling around the state. Sign up at 5Dimes today and check out their promotions page for all the offers you can get!
5Dimes Offers Fantastic Customer Service
5Dimes’ customer service for New Jersey sports bettors is a cut above all the rest. 5Dimes has an amazing support staff that offers 24-hour-per-day help on anything and everything the book has to offer. This legal sports betting site allows all members to call and speak with an operator at any time, day or night. Your 5Dimes customer service rep will help you reload your account with funds or process a sports wager or even explain how certain bets work. That’s not all, either, as their website is chock-full of information for how to use the interface, place a wager, and more. Their FAQs even offer tips and tricks for everyone. 5Dimes’ support features are the best in the business, and if you can’t find an answer to your question on the website, the live chat feature will allow you to connect to a customer service representative instantly. 5Dimes is committed to delivering an easy betting experience for their New Jersey members, so these players can receive top-of-the-line support and get back to gaming faster than ever.
5dimes Live In-Play Sports Betting Options
There are live in-play wagering options at 5Dimes. Live, in-game betting is a type of wagering that offers NJ bettors a chance to wager on their favorite games and matchups while at the stadium watching the game, or at the office on your mobile phone, or even in line at the local bodega or greengrocer. There are limits to the live in-game lines offered by 5Dimes, but the lines are updated every commercial break and offered during televised semifinals and finals, as well as more “mundane” daily marquee matchups during the regular season of whatever sport you’re into. It’s important to note the kind of bet being placed using a live service. The lines available include all types of straight wagers, if bets, and parlays. Some of the bets placed during live events will take into consideration the score of the game and not just the score of a half, for example.