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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. Although the 5Dimes sportsbook might not have the flashiest graphics, don’t let that fool. Our systematic process for the 5Dimes review showed us they are a top sportsbook in terms of customer service, betting opportunities, and deposit speed. Specifically, 5Dimes offers huge betting markets for all the sports leagues. In addition, they have. Sports Handicapping Forum with Free Sports Picks, Free Contests, Future Odds, Predictions & Live Betting Odds. Business and Professions Code - BPC Civil Code - CIV Code of Civil Procedure - CCP. The widow of 5Dimes founder William Sean Creighton, aka “5Dimes Tony,” is speaking out on the future of the offshore sportsbook. But current customers are voicing their anger for how the.
5Dimes, a popular Costa Rica-based sportsbook, has reached a $46.8 million settlement with the U.S. government following a federal money-laundering investigation, according to a settlement agreement obtained by ESPN on Wednesday.
5Dimes agreed to pay $15 million in cash, forfeit more than $30 million in assets and stop accepting wagers from U.S. customers while operating out of Costa Rica, according to the settlement agreement reached with the U.S. Attorney's Office for the Easten District of Pennsylvania.
The settlement also absolves Laura Varela, the widow of 5Dimes owner William Sean Creighton, of any criminal conduct alleged against the sportsbook. Varela assumed responsibility for 5Dimes' assets after her husband was kidnapped in September 2018 and found dead a year later, but she did not have 'day-to-day authority' over its operations, according to the settlement.
'The investigation was a complete success from our perspective,' Michael Lowe, assistant U.S. Attorney for the Eastern District of Pennsylvania, told ESPN. 'There was gambling going on, but we discovered it, we put a stop to it.'
The non-prosecution agreement allows 5Dimes and Varela to pursue opportunities in the expanding American sports betting market. Varela, who fully cooperated with the investigation, made 'significant changes' to 5Dimes's operations that make it 'suitable for participating in lawful gaming operations across the world,' according to the settlement agreement.
'We achieved the objective, which is, she is compliant with U.S. federal law right now,' Maria M. Carrillo, assistant U.S. Attorney for the Eastern District of Pennsylvania, told ESPN. 'What that means for her is she is not operating in violation of U.S. law, and she is not actively taking bets from U.S. bettors.
'Whether she's positioned well for regulators, that's up for the regulators to decide,' Carrillo said. '[5Dimes] certainly is no longer in violation of federal law.'
In an interview with ESPN, Varela said she is ' very, very happy and very excited about what the new chapter of 5Dimes can be.'
Creighton, a native of West Virginia, launched 5Dimes around 2000. At a time when sports betting in the U.S was restricted to primarily Nevada, 5Dimes grew it into one of the most popular online sportsbooks that served American bettors and eventually attracted attention from federal investigators.
In 2016, the Eastern District of Pennsylvania, in conjunction with the Department of Homeland Security, revealed it was investigating 5Dimes for money laundering, according to a seizure warrant filed in U.S. District Court that year. In the warrant, an agent detailed how he believed 5Dimes instructed bettors based in the U.S. to use gift cards as a way to place and later cash out bets. Creighton was never formally charged; however, the investigation remained open for years.
5Dimes used third-party payment processors to accept illegal payments from U.S. customers, the U.S. Attorney's Office said in the settlement agreement. The third parties processed credit card transactions for 5Dimes that concealed the nature of the charges, and received funds from U.S. customers' credit cards that were then transferred to bank accounts of shell companies operated by Creighton, according to the settlement.
Varela, through her attorneys, contacted the Eastern District of Pennsylvania in the spring of 2019 and offered her cooperation to settle the case. According to the settlement, she helped retrieve assets, but the parties agreed that her cooperation 'did not include information about the identities of individual U.S.-based customes.' Gold coins, cryptocurrency, funds from the sale of season tickets to the Pittsburgh Pirates and West Virginia University basketball and football, and a 1948 George Mikan rookie basketball card that Creighton purchased for about $400,000 are among the forfeited assets.
The Department of Homeland Security gifted the Mikan card to the Smithsonian Institution in Washington, D.C, according to the settlement agreement.
On Sept. 7, 5Dimes posted a notice on its website that it would stop accepting online bets from U.S.-based customers and instructed them to withdraw funds by Sept. 25. Any funds not requested by bettors before the deadline will be turned over to Epiq, a third-party claims administrator who will help the distribution process. Any funds not claimed by Sept. 30, 2021, will be forfeited to the U.S government, according to terms in the settlement.
Varela's attorneys, Stephen A. Miller and Barry Boss of firm Cozen O'Connor, said 5Dimes has established a new corporate entity, 5D Americas LLC, in the State of Delaware, as the sportsbook eyes the U.S. betting market. Legal sportsbooks are operating in 18 states and the District of Columbia.
As part of the settlement, the U.S. Attorney's Office for the Eastern District of Pennsylvania said, at Varela's request, it will answer questions from interested parties, including state regulatory authorities, regarding 5Dimes and Varela.
Creighton was abducted by four men in a rented grey pickup truck around 10 p.m., on Sept. 24, 2018, after leaving the 5Dimes office in San Pedro, the Costa Rica judicial investigation department (OIJ) said last year. The kidnappers demanded a $5 million ransom and received $1 million from Creighton's family, but Creighton was not returned, OIJ said.
A year after Creighton's disappearance, the OIJ reported finding his body in a cemetery in the small fishing town of Queops, Costa Rica, approximately a three-hour drive from where investigators believe he was abducted.
In January 2019, authorities conducted raids in Costa Rica and Spain, leading to the arrest of 12 people believed to be involved in Creighton's disappearance, according to an OIJ statement at the time. Three suspects were extradited from Spain to Costa Rica in April 2019 and, as of September 2019, were being investigated for the crime of extortive kidnapping, according to the Costa Rica Office of Public Ministry.
The Assistant Prosecutor's Office against Drug Trafficking and Related Crimes for Costa Rica told ESPN in an Sept. 17 email that the case against Creighton's alleged kidnappers is in the 'final investigation phase.'
According to the settlement, Creighton was the founder and had exclusive control of 5Dimes until his disappearance and death. Varela told ESPN she had never been involved with the operation of 5Dimes and that the management team in place continued to run the sportsbook following Creighton's disappearance.
'Months kept going by, and he was not coming back, and the reality also starts hitting, that's really when I realized the best thing for me and my family to do was to look for legal counsel,' Varela told ESPN in an interview conducted on Zoom.
Creighton grew up in Bridgeport, West Virginia. After graduating from West Virginia University in 1998 with a degree in business administration, he moved to Costa Rica with a small group of friends to launch 5Dimes. He was 43 at the time of his disappearance.
Varela says the loss of her husband, the father of her two young children, is a tragedy she doesn't believe she'll ever get over. 'You just learn how to live with it,' she said.
5Dimes was established back in 1998 and since then they have risen to prominence as a US friendly bookmaker. However, they offer far more than just a sportsbook, they also operate an online casino, live dealer casino, poker room, bingo hall, and lottery. In short, they are a one stop gambling destination.
However, the sportsbook is their main products and it offers an impressive range of betting lines. Members are able to benefit from a huge number of promotions and bonuses, and customer service is excellent. Read on to find out more about this leading sportsbook and all that they have to offer.
Promotions
5Dimes offers an incredible range of bonuses, far more than at most other sportsbooks. New players can claim up to $520 in bonuses when they make their first deposit. You will get a 50% bonus if you deposit between $100 and $400, and then a 20% bonus for deposits between $400 and $2,000.
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You can then enjoy regular reload bonuses, if you deposit between $100 and $2,500 you will get a 20% bonus with every deposit. They also run a reduced juice rewards program. You can enjoy reduced juice sportsbook bets on nearly all of the major spots. You will enjoy lower pricing so you can make bigger profits. They also offer a 30% Super Saver Reward Program which will give you a 30% discount and increased payouts on nearly all parlays.
You will find many more promotions to enjoy, but one thing to be aware of is that for the vast majority of bonuses you need to contact customer support in order to claim it. Furthermore, taking advantage of one bonus may exclude you from another, so be sure to look at the conditions carefully.
Betting Lines
5Dimes accepts bets on a large number of sports, including US sports and sports taking place in other countries. While most of the sports are based in the USA, if you are a soccer fan then you will find that you can bet on nearly every league in the world.
The list of sports including Football, Basketball, Baseball, Hockey, Soccer, Golf, Tennis, Motor Racing, Fighting, Politics, Horse Racing, Spelling Bee, Volleyball, Cricket, Handball, Puppy Bowl, Lotto, Competitive Eating, Chess, and e-Sports. More sports appear on the site as their seasons begin, so don’t treat this list as definitive.
You have a huge number of betting options and can place bets including straight bets, totals, parlays, teasers, pleasures, if bets, rolling if bets, round robins, reverses, Asian handicaps, office pools, point buying and more.
5Dimes also operates a racebook where you will find wagering on all of the US’s top tracks. They take all kinds of bets, from simple win, place and show bets, to more advanced exactas, trifectas and superfectas bets.
The betting limits vary quite a lot depending on the market and bet. The lowest maximum bets tend to be $50 on some props, live betting often has a maximum bet of $500 and other markets tend to be capped at around $5,000.
Live Betting
If you enjoy live betting then 5Dimes is an excellent choice for you. They have two sections to their live betting offering, Live Betting Ultra and Live Betting Extra. At first glance there is not a huge difference between them, but you can earn a rebate in the Live Betting Ultra section and the two have different interfaces, so you may find you prefer one over the other.
There are a number of live betting options, you can bet on all major sports including baseball, basketball, soccer, hockey, football and tennis. They offer many different betting lines such as Periods, half times, O/U, game totals, team totals, Asian handicap, point spreads, 2 and 3 way handicaps and more.
Mobile Betting
5Dimes’ website is entirely mobile compatible so if you visit from your smartphone or tablet then you can access the same bets as from your computer. The mobile sportsbook has an excellent design, making it fast and easy to place bets. Furthermore, you will also be able to enjoy their other products, such as the casino and poker room, from your mobile device.
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Deposits and Withdrawals
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5Dimes have a number of deposit options to make it as easy as possible for everyone to deposit funds. You can use credit and debit cards with no fees and limits of $50 up to $500. You can use Person-to-Person services, which have fees ranging from $5 up to $30, but if you deposit at least $250 then 5Dimes will pay the fee. You can use Money Orders with no fees and limits of $100 to $1,000. Bitcoins are accepted with no fees and limits of $25 to $10,000. You can use Sportsbook transfer with no fees and a minimum of $500 and you can use account-to-account transfer with no fees and a minimum of $50.
When it comes to withdrawing winnings, you have a similar range of options. You can use Person-to-Person services; they have fees ranging from $10 up to $25 and a maximum cash out of $350. You can request a cashier check, the fee will be $40, $60 or $80 depending on the amount and the limits are $1,000 to $7,500. You can request a Money Order with a fee of $80 and limits of $1,000 to $9,500. Bitcoin withdrawals have no fees and limits of $50 and $10,000. Finally, Bank Wires have an $80 fee with limits of $1,000 to $9,500. All of the withdrawal methods offer very fast payout times, so whichever one you choose you won’t be waiting long for your money.
Special Features
In addition to the sportsbook, 5Dimes operates a number of other products including a casino, a poker room, a bingo room, a lottery game and mini games.
They actually operate four casinos called Grand Casino, Jackpot Casino, Bonus Casino and Match Play Casino. Each one brings its own set of games and they are all packed. No matter what kind of casino game you are looking for you are sure to find it.
At the Grand Casino, you will find over 200 casino games including eight Blackjack variants, numerous Video Poker games, more than 90 video slots, games such as Baccarat, Craps, Roulette and more. Real Time Gaming, a hugely respected developer, provides the games. You will also find many promotions unique to the Grand Casino.
The Jackpot Casino offers you over 120 different games to enjoy including 3D slots, video slots, video poker, keno, card and table games, virtual horse betting and more. BetSoft, who are well known for their superb 3D graphics, powers the Jackpot Casino. This casino is mobile compatible and it also has its own set of bonuses and promotions.
At the Bonus Casino 5Dimes claim that they offer the best possible odds online. At this casino, you will find a range of table games, blackjack games, poker games, video poker, slots, bingo and keno. It is a fairly small casino and the games are provided by Digital Gaming Solutions.
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The Match Play Casino is the smallest of the casinos, it focuses on blackjack, poker and video poker with the option to bet anything from $1 up to $500 per hand. However, it also offers a few slot machines, including some that are linked to progressive jackpots.
If you enjoy playing casino games then between these four casinos you are sure to find everything you could possibly need.
5Dimes also run a Live Dealer Casino. At the live dealer casino, you can play blackjack, roulette and baccarat. The dealers are notable for being particularly friendly and the games are streamed in high quality complete with live audio. It is a fantastic experience, and the most realistic possible without leaving your home.
Amazingly that is not all for casino games as 5Dimes also offers a number of Mini Games. These are essentially mobile games and you will find blackjack, video poker, slots, baccarat, roulette, and a number of solitaire games.
5Dimes also run a poker room called the Grand Poker Room. In the Grand Poker Room you can find Hold’em, Omaha and Omaha hi/lo tournaments with all betting types (fixed, pot and no limit). They also offer freerolls and the paid tournaments start at $0.10 and go up to $25. You can also play cash games with stakes starting at $0.05/$0.10 and going up to $5/$10. The only problem with the poker room is that it seems to have very low levels of traffic, but it is a high quality offering.
If you like playing bingo then you will want to take a look at 5Dimes’ bingo room. You will find many kinds of bingo including 75 ball and 90 ball. You can also enjoy a range of side games including slots, video poker and keno.
5Dimes even runs a lottery. They run Pick 3 and Pick 4 lottery tickets, which you can play for any states’ drawings. A Pick 3 $1 ticket payout at 5Dimes is $900 and a pick 4 $1 ticket payout at 5Dimes is $9000. You can also buy tickets for the Lotto900, Powerball and Mega Millions.
Customer Service
There is a large help section on the 5Dimes website where you will find the answers to the most common questions. It is easy to sort through and you should find the help that you need. If you do not then you can contact 5Dimes via live chat, email and toll free telephone. The team are available at all times and they are very happy to help with all types of issues.
Verdict
5 Dimes is a huge site that is trying to offer everything a gambler could ever need. The sportsbook is excellent, with plenty of betting lines on all major sports, and a huge range of promotions to enjoy. The online casino offering is also very good, but the poker, bingo and lottery sites are average and if you are not interested in the sportsbook then you may want to look elsewhere.
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Banking at 5Dimes is very easy, and the withdrawal times and fees are fair. Similarly, the customer support is excellent. 5Dimes is known as one of the premier sportsbooks for US bettors and it really is not hard to see why.
Pros
- Excellent range of betting lines
- Great promotions including reduced juice
- Fast withdrawal times
- Huge collection of casino games available.
Cons
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- Low traffic at bingo room
- Website looks slightly dated