5dimes Parlay Rules

12.03.2021by
  1. 5dimes Parlay Rules Rule
  2. 5dimes Parlay Rules Poker
  3. 5dimes Parlay Rules Games
  4. 5dimes Parlay Rules Meaning
  5. 5dimes Parlay Rules

5Dimes has specific rules for users to withdraw from accounts. The process is simple, requiring a payout request. The request is reviewed and approved within 24 hours. The selected method will be applied to the user's account in coordination with the parameters set down by the sportsbook. If you have a 5 team parlay that is 4-0 going into the fifth game, you stand to win $1000 on a $50 wager. A loss in the fifth game pays you nothing. To guarantee a win, place a straight bet for $525 on the team opposing your parlay pick. This will guarantee you a minimum win of $425 no matter what the result of the fifth game is.

-105 Reduced Pricing

Pay less per bet & get the largest betting menu

5Dimes Sportsbook opened in Costa Rica nearly 19 years ago in 2000 by William Sean ‘Tony’ Creighton, a former professional sports bettor. As a sharp player Tony had the insight on how to attract bettors with unique offerings while never overexposing 5dimes. The book’s first claim to fame was its wagering menu, the largest for North American sports. At one time 5dimes.eu had five different casinos and two different poker rooms. If you wanted to make a bet on a Division 2 college that had more than one cardinal point in its name (South Western ‘Still-No-Idea-Where-the-hell-it-is’ University), 5Dimes was the place to go. 5Dimes was the very first sportsbook to book bets on teams featuring Lebron James and Carmelo Anthony… because they were in high school… as underclassmen.

In 2007 5dimes.eu began offering almost all of its betting menu on reduced juice markets, AKA low vig, AKA -105, AKA half of the standard price a sportsbook typically charges. Tony wasn’t quite Jeff Bezos. Afterall Pinnacle was the first bookmaker in the market to maintain the reduced model but they suddenly switched their focus to the United Kingdom and Asia. 5Dimes, recognizing the demand for value at the right time, solidified itself as one of the largest betting sites. Since then not much has changed. The software has improved, but the model remains the same: high value, high volume bookmaking. This value for the player means 5dimes excels at player retention.

5Dimes Overview

5Dimes Sportsbook Details

Online Since:March 2000
Sign up Bonus:50% Free Play (don’t do it! Reduced juice is a better value!)
Bonus Fine Print:10X rollover with 1/10th of the bonus released for each rollover
Reduced Juice:Yes - the best reduced juice sportsbook with all regular league bets at -105 except soccer.
Unique Odds:Yes - 5Dimes will often be weighted to one side.
Deposits:Credit Card, Bitcoin, Person-to-Person
Bitcoin:Yes, Held in USD
Payouts:Free 1x per month: Check, Person2Person. Bitcoin - always free
5Dimes Pros:Biggest Menu, -105 Standard Pricing, 5c Overnight Baseball
5Dimes Cons:Bonus Structure, Up to 48 hour Bitcoin withdrawal, Full Price Soccer

5Dimes Sportsbook has been taking bets before its customers were born

Yes, 5dimes can officially say it has been accepting wagers before some of its customers were alive. It has been over 18 years since the 5dimes website was launched. It’s impressive when you consider 5dimes started taking bets when people dialed in to AOL and spent most of their time in chatrooms asking “A/S/L?” or sending the kind of email forwards long forgotten if not for Grandma recently discovering the internet.

Sign-up Bonus - It’s relatively crappy.

The 5dimes deposit bonus almost seems to be set up to educate bettors on the value of reduced juice -105, VS -110 betting. It’s not that a 50% Free-play is terrible. It’s just that when you compare the bonus to the reduced juice offering its like committing to cable for the full year because they gave you two months free instead of going with Netflix for nine bucks. And just like that cable package, you can’t simply switch to Netflix after the bonus is over. You are stuck with the deal you made. 5Dimes gives players 50% Free-play bonus on deposits of $400 and then 20% on any amount above that.

Bonus Terms - Get out your calculator

If you understand how sportsbook play-through requirements work, this is not that complicated. However, if you understand how sportsbook play-through requirements work… you are opting for -105 reduced juice.

Using the example of 50% free-play bonus of the max bonus amount of $200, 5Dimes releases a $20 free-play (10%) for each one of the ten required play-throughs (rollovers) of Deposit + Bonus. So rather than get your free-play on the day of your deposit, it is released after you give the sportsbook its wagering activity. Using a rough evaluation of a free play being worth half of its amount in cash, you are getting $10 for every $100 wagered. When you bet that same $100 on a given day and won half of your bets, you would pay $5 in vig (on the $50 losing side). Now, recalculate that at -105, and you save $2.50 for every $100 wagered. To summarize: You get $10 of value for every $100 wagered but only up to $200. With reduced juice, you are in theory paying yourself $2.50 for the same $100 wagered, but also for every $100 wagered after that, FOREVER. All bettors will lose some of their wagers. Reduced juice minimizes those losses.

Reduced Juice at -105

5dimes Parlay Rules

Less than -110 pricing has a few different names including Reduced juice, Reduced Vig, Discount Vig, or is simply referred to by how many cents on the dollar it represents. Reduced juice is often -105 or -107 but can be anything less than standard -110. 5Dimes offers all standard straight bets at -105 with the exception of soccer markets. For example, the Celtics full game spread would be priced at -105 but the Celtics spread for the 2nd half would be the industry standard -110 price. For players line shopping and looking for long-term value, this feature makes 5dimes a must-have.

Unique Odds - At 10c lines, one side is always juicy

A sportsbook that has -110 lines has enough wiggle room to stay around, or straddle, the average odds essentially. There are good sportsbooks that have a model of not being exposed to bettors who are looking for the best odds on their pick. With 10 cent vig, there is less to work with as well as the line moves propelled by its thousands of bettors. 5dimes is often offering the best price on a team.

Bitcoin - You don’t actually bet in crypto

Bettors want to bet on their sport picks not on the price of bitcoin. When players send bitcoins to 5dimes, they will see the value in US dollars reflected in their 5dimes balance. When they request funds, it is also in dollars. That means if you request $100, 5dimes will always send $100 worth of bitcoin, and barring a bitcoin value change in the time, it takes you to redeem your coins to dollars, $100 is what you get — free of fees. Typically bitcoin redemptions take a few business hours although 5dimes asks that players allow for up to 72 hours to send the funds.

5Dimes Pros & Cons

When talking about one of the best sportsbooks of all time, it is hard to outline cons without feeling like you are doing it for the sake of needing them on the review. Having 5dimes as one of your sportsbooks will save you money on a nightly basis so pointing out that the homepage is ugly or bitcoin withdrawals can take longer than other books may seem superficial. However, if you are a brand new bettor about to burn some cash for the weekend’s playoffs, then finding a big cash bonus may be the better choice, especially because you are still eligible for -105 at 5Dimes Sportsbook later. If you are settling into one betting site for the season or just need to add the sportsbooks that may have the best odds for a given play, 5dimes makes sense… and less cents.

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ParlayRules.com, an information portal on parlay betting, welcomes anybody and everybody interested in parlay betting, even those who just want to understand the basics of it. We are a team of betting experts aiming to provide the best parlay betting advice to beginners as well as seasoned bettors interested in making profits out of parlay bets. Visitors will find that Parlayrules.com to be a storehouse of invaluable parlay information, including parlay rules, betting strategies, and reviews of online sportsbooks offering parlay bets.

Our goal is to create a one-stop shop for bettors interested in parlays, and accordingly, this website has everything that bettors need to know about parlay betting, right from the basics to the advanced parlay betting strategies. We not only teach bettors how to make money from placing parlay bets, but also provide a list of reputed online sportsbooks offering the best parlay betting opportunities.

A parlay is a popular variety of sports bet offered at online sportsbooks, giving bettors the opportunity to win big money from one small bet. A parlay can be defined as a combination of several straight bets rolled into one; however, players are required to win all the bets in a parlay in order to get a payout. If they lose even one of the bets in the parlay, they will lose the entire parlay bet.

The payouts that can be won depend hugely on the type of parlay placed. In case of parlay bets involving point spreads, the payouts are fixed; but in case of parlay bets involving money lines, the payouts are calculated on the basis of individual team odds.

As previously mentioned, online sportsbooks offer different types of parlays. While some of them require players to place pre-existing parlay bets, some offer parlays with fixed odds, and a few offer parlays comprising bets on several types of sports.

Pre-existing Parlays: Some online sports betting sites offer a list of around five to eight sports events and bettors are required to choose from this list. In case of such parlays, bettors cannot select their own games at random and the payouts are usually fixed.

True Parlays: Casinos offering true parlays allow bettors to choose from a wide range of sports events. Bettors can place a parlay bet comprising bets placed on any sport, such as tennis, football, golf, soccer, and others. What’s more, the parlay bet can combine money lines as well as point spreads. The online sportsbook will simply not hinder bettors from putting together their own parlay, based on their knowledge and instinct.

Fixed Odds Parlay: Most online sportsbooks offer this type of parlay, modified slightly in different ways. Online sportsbooks challenge bettors to create their own parlays from an existing list of matches, which are scheduled to take place on the same day, or events that are scheduled to form part of a tournament. Bettors are free to place parlays comprising a minimum of two to a maximum of 10 bets on these events. Each sports event is associated with point spreads, and some sportsbooks even permit bettors to purchase or sell points to maximize their chances of winning.

Should Bettors Place Parlay Bets?

Betting experts usually advice novices to avoid parlay bets and stick to straight bets. Correctly predicting the outcomes of one match is difficult enough, and predicting the outcomes of several matches simultaneously is a bit too risky. At the same time, it is worth noting that bettors who do their research well and know exactly what they are doing can make a fortune out of parlay bets. Beginners are advised to thoroughly understand various strategies related to parlay bets before attempting to try them out.

5dimes Parlay Rules Rule

Parlay Payouts - The Reason To Make Parlay Wagers In The First Place

Parlay odds vary from one online sportsbook to the other; but sportsbooks usually pay around 2.5 - 1 for two-team parlays and around 6 – 1 for a three-team parlays.

There are two varieties of parlay odds—computed and fixed. Fixed odds, as the name suggests, are fixed by online sportsbooks depending on the number of games permitted in the parlay bet. Parlay payouts can be easily calculated by multiplying the bet amount with the odds.

Fortunately for adventurous bettors eager to make parlay bets online, there is no dearth of top-rated online sportsbooks offering parlay betting options. We advise bettors to register at multiple online sportsbooks in order to get the best deals. We have presented a list of excellent, secure, licensed, and regulated online sportsbooks that offer the best odds, great customer service, and exciting bonuses and promotions.

Betting on sports online is easy, comfortable, and fun at Bovada.lv because it offers sports betting services such as in-play betting, live betting, and mobile betting in a secure environment. This licensed and regulated US friendly online sports betting site offers the best odds on a wide range of sports events, such as NHL hockey, college football, NBA basketball, and others. The operator of Bovada.lv is Meadway Leisure Limited, which has been granted a sports betting license by the Kahnawake Gaming Commission, based in Canada.

Bovada's Parlay Rules:

  • In case of a push or a tie on a 3-team parlay, players will get the next lowest payout
  • The payout for a winning two-team parlay is 9 – 10
  • True odds are available for all parlays

BetOnline not only offers the best odds on all favorite American sports such as golf, tennis, football, and others, but also a slew of bonuses. To begin with players will get a lifetime bonus of 25 percent up to $900 whenever they make a qualifying deposit. BetOnline is ideal for MLB bets because the online sportsbook offers overnight lines which will allow parlay bettors to get their research done + bets placed earlier.

BetOnline's Parlay Rules:

  • The online sportsbooks pays as much as $150k for all parlay bets
  • Players can win a maximum of $150k per 24-hour period
  • Players cannot bet on both sides of one game while choosing a parlay

SportsBetting.ag welcomes new players with a free play bonus of 50 percent up to $2,500, and bettors only have to sign up or reload their accounts in order to claim it. Besides offering a wide range of betting markets such as football, golf, soccer, baseball, basketball, and others, SportsBetting offers a free bet worth $25 to players who wish to try out its live betting facilities. Bettors can also claim a free play bonus worth $50 for mobile betting.

SportsBetting's Parlay Rules:

  • Players can win a maximum of $150k on their parlay bets per 24-hour period
  • The sportsbook will cancel the winnings of parlay bets including bets placed on both sides of one game
  • Players cannot include auto racing, boxing, proposition bets, futures, and MMA in a parlay
5dimes parlay rules

Launched in 1994, Wagerweb operates on a license issued in Costa Rica. A leader in the online sports betting industry, Wagerweb is known for its excellent customer service, quick payouts, and efficient management system. The betting lines and odds available at Wagerweb are as good as those offered at any sportsbook based in Las Vegas. Sports betting services are available in two languages—Spanish and English. Besides, the online sportsbook offers generous bonuses and runs irresistible promotions.

WagerWeb's Parlay Rules:

5dimes Parlay Rules Poker

  • Parlays in which one or more bets co-relate are not accepted
  • Nevada gambling rules apply to any bet, including parlays
  • To place a parlay bet, players should be more than 21years old

5Dimes Sportsbook, a brand belonging to the 5Dimes Group, offers the best online sports betting facilities in a safe and secure environment. Players will find almost every type of bet, including pleasers, teasers, if bets, and parlays, at 5Dimes along with the best odds on almost every variety of sport under the sun, ranging from golf to auto racing. Licensed in Costa Rica, the 5Dimes Group launched its first product, an online casino, in Nov 1996.

5dimes Parlay Rules Games

5Dimes' Parlay Rules:

5dimes Parlay Rules Meaning

  • Players can win a maximum of $250k on a parlay, if bet, or teaser per 24-hour period
  • 5Dimes reserves the right to render invalid any parlay that includes a line error
  • 5Dimes offers live in-play lines for parlays
Parlay Betting SitesUSA Welcome?Parlay Limits:Visit
Bovada SportsbookYes, Only 47 States12 Team Parlay - $100,000 Max Payout On Single WagerVISIT
Bet365 SportsbookNo U.S.A. Players Allowed14 Team Parlay - 100,000 Max USD Or Currency EquivalentVISIT
BetOnline SportsbookYes, All 50 U.S. States12 Team Parlay - $150,000 Max Payout On Single ParlayVISIT
SportsBetting.agYes, All 50 U.S. States12 Team Parlay - $150,000 Max Payout On Single WagerVISIT
WagerWeb SportsbookYes, All 50 U.S. States15 Team Parlay, Pays Up To 10,000 to 1 On One ParlayVISIT
5Dimes SportsbookYes, All 50 U.S. StatesUp To 25 Team Parlay - $500,000 Max Payout Per ParlayVISIT

Online sportsbooks offer several betting options that are similar to parlays although they are not exactly parlays. Teasers and pleasers are interesting bet types that challenge bettors to select two or more games to bet on; however, their payouts are lesser than parlay payouts simply because adjustments can be made to the point spreads in bettors’ favor. In case of pleasers, players can give away as many as six points to better their odds.

5dimes Parlay Rules

Another variety of parlay sports bet is the progressive parlay, in which bettors can select as many as 12 games. Although payouts are not as generous as parlay payouts, players will be paid even if they lose some of the bets in their progressive parlay.

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