It is always beneficial to only have to commit a small amount of cash up front via a deposit before you start gambling online. Here, we list the best US gambling sites with a low minimum deposit.
Minimum Deposit Gambling Sites
Gambling in online casinos is fun, but many people tend to avoid it because they believe it costs a lot of money. However, this does not always have to be the case. Online casinos and betting sites offer varying minimum deposit levels to suit every player, including those who don’t have a considerable bankroll.
If you are in this category, then a minimum or low-deposit casino is where you want to play. As the name implies, this casino allows you to play with a very small deposit. The typical casino or sportsbook requires you to deposit at least $20, but with these minimum deposit requirements casinos, you can start to play your favorite games for as little as $5!
The best part is that these regulated online casinos don’t compromise on the features and offers you get. Ultimately, you can play all the games, enjoy bonuses, and win real cash while on a budget with a low-deposit casino. In this guide, we will be covering the best low-deposit casinos and online sportsbooks available in the US. We will detail the various types of casinos, their pros and cons, strategies to play in them, and a list of the top options currently in the US.
Best Low Minimum Deposit Gambling Sites
If you do a quick search on the internet today, you will find numerous casinos claiming to let you play for low deposits. Even though some of these platforms may be genuine, you’ll still find many unreliable ones. They could be unlicensed or try to lure you in with false promises or deceiving welcome offers with impossible terms and conditions, essentially making it almost impossible to complete and withdraw. Even some of the genuine casinos may be flawed in other vital areas and might not provide you with the best gambling experience.
If you want good service, you must play on the best platforms. So, how exactly does one find the best low minimum deposit from the many options out there? That’s where our experts come in. We have reviewed all the US low-deposit casinos using vital criteria like licensing, bonuses, payout speed, games offered, and promotions, and listed those that stood out in these areas. All the options we recommend allow you to play for $0, $1, $5, and $10 while giving you extra bonuses to wager for free! This is the case regardless of if you are into online slots, low-stakes table games, or prefer live dealer games.
By playing in the low-deposit casinos we recommend, you can be sure of a fantastic experience. We will be looking at the top no-deposit online casinos, starting from how low the minimum deposit required to play is.
No Minimum Deposit Gambling Sites
Yes, you read right. No minimum deposit casinos mean precisely what the name implies. These gambling sites allow you to play real money games without making a deposit. The online casino gives you cash as a no-deposit casino bonus for registering on the website.
With the free cash you get, you can play online casino games of your choice. You can win real money with this free cash if you are lucky. However, you must meet a few wagering requirements before withdrawing your earnings, so thoroughly read the terms and conditions.
Below are the best no-minimum deposit casinos to play today in the US.
- 🥇DraftKings Casino
- 🥈BetMGM Casino
- 🎖️Borgata Casino
$5 Minimum Deposit Gambling Sites
If you want the lowest minimum deposit at a highly reputable online casino in the US, then you should check out our complete guide to the best $5 minimum deposit casinos. Below are a few of the options we found.
#1 DraftKings Casino – $5 Minimum Deposit
This casino is our best minimum deposit casino for various reasons. However, if you want to take advantage of the other offers and features this casino offers, you will need to make a deposit. Fortunately, with as little as $5, you can start to play real money DraftKings slot games on this platform.
#2 Fortune Coins Casino – $5 Minimum Deposit
Fortune Coins Casino is a great choice if you are playing on a small budget. This US sweepstakes casino offers players the opportunity to purchase Gold Coins from as little as $2, but increasing this amount up to $5 ensures you will also be awarded free Sweeps Coins. While playing using the Sweeps coins, you can win real money; Sweeps coins can be converted into real money prizes and redeemed as cash.
Factor in that you can claim up to $12 for free in sweeps coins simply by registering and verifying the account details using our exclusive links, and even with a small deposit, you will find you have plenty of playtime at this casino.
#3 Pulsz Casino – $5 Minimum Deposit
Pulsz Casino is another sweepstakes casino in the US; while the bonus offer might not be as lucrative as Fortune Coins in terms of free coins with no deposit, there is the chance to buy gold coins for as little as $1.99 with better value for money offers kicking in at the $5 and more price point.
In terms of online slots, there is a much better selection of slots and games on offer here, with top developers such as Pragmatic Play, Relax Gaming, and others being dominant in the casino lobby. There is also a nice 200% deposit bonus allowing you to massively boost your first deposit at the casino.
$10 Minimum Deposit Gambling Sites
Pros and Cons of Low Minimum Deposit Gambling Sites
Before you register at one of the low minimum deposit casinos on our list, you need to find out if they are right for you. The best way to do this is to compare the pros and cons, which we have compiled below.
✅Pros
- You don’t need a huge bankroll
- Numerous bonus offers
- Plenty of low buy-in games to choose
- Reliable payment options
- You can still rack up decent winnings
❌Cons
- You can quickly exhaust your deposit
- Casino and payment options are limited
- Inability to take advantage of welcome bonus offers to the fullest
Best Minimum Deposit Betting Sites
As we have mentioned above, there are some gambling sites with no minimum deposit required, but these are often offshore sportsbooks. Although your initial deposit amount could be as low as $1, your information isn’t protected, and you will lose out in the future. Every betting app and online sportsbook site listed on this page is licensed, meaning you are protected and can play without fear. Below is a list of the top 10 legal online sportsbooks, along with their minimum deposit amount.
🏆Rank | 🏈Sportsbook | 💵Minimum Deposit | Minimum Bet | 🌐Website |
---|---|---|---|---|
1 | DraftKings | 💵$5 | $0.10 | sportsbook.draftkings.com |
2 | BetMGM | 💵$10 | $0.50 | betmgm.com |
3 | FanDuel | 💵$10 | $0.09 | sportsbook.fanduel.com |
4 | Caesars Sportsbook | 💵$10 | $0.10 | caesars.com/sportsbook-and-casino |
5 | bet365 | 💵$10 | Varies | bet365.com |
As you can see from the list above, most options are $10 minimum deposit sportsbook sites. This is the standard amount and certainly falls into the low minimum deposits category. You may come across a betting site with an even lower minimum amount. For example, the DraftKings minimum deposit amount is $5, which is excellent value as that is one of the best platforms available.
Although a sportsbook $10 minimum deposit amount is the general standard, always shop around to see if you can find one with an even lower minimum deposit requirement.
If you are just starting out looking for online betting sites, you should adopt a reasonable approach when it comes to making deposits and managing your bankroll. We would recommend not risking a lot of money at first. Instead, you should sign up at a legal US sportsbook, start with a small bankroll, and grow the amount of cash you have and your betting ability.
A good strategy to follow is to sign up at a low minimum deposit sportsbook that also allows small stakes. Searching for the lowest minimum deposit sportsbook and joining means you can begin with a tiny investment and gradually build up your bankroll. A betting site that accepts minimum bets in addition to small minimum deposit limits is a fantastic option for new players.
This article aims to help you find low-deposit sportsbooks and cheap sportsbook options that help you gradually get used to wagering while not losing significant amounts of money. In addition to discussing minimum deposits, we will also cover bankroll management and bonus hunting.
Top 3 Minimum Deposit Sportsbooks
When choosing which site or app to place your wager on, you need more than just the ability to make a low deposit. These are the 3 sportsbooks with a low deposit that we recommend and why:
#1 DraftKings Sportsbook ️- $5 Minimum deposit
There is a very good chance you already know who DraftKings are. They have one of the most popular DFS platforms in the states. DraftKings made the transition to sportsbook back in 2018 and has been dominating the US betting industry ever since. The operator is available in numerous states, with more on the horizon very soon.
The DraftKings Sportsbook app and site is a legal and licensed book offering a very good variety of banking options and of course, a low deposit of just $10. It is easy to make a deposit to the book and even easier to withdraw from DraftKings.
Lots of sports betting sites will offer a sports promotion for new players with a bonus code to give them instant access to free cash and encourage them to sign up. There are multiple deposit match bonuses and other promos to attract new bettors. However, one of the other ways to bring people to the site is by having a low deposit threshold.
With so many options now available, it is challenging trying to find minimum or low-deposit betting sites that are suitable. Indeed, there are even some betting sites with no minimum deposit; however, these are few and far between. Ultimately, the aim is to make money betting on sports, and that is easier when you aren’t losing lots of cash straight away. This guide will help sports bettors choose the best online sports betting site with a low minimum deposit.
#2 BetMGM Sportsbook ️- $10 Minimum deposit
BetMGM is the online arm of gambling giant, MGM Resorts International. If you have ever watched boxing or UFC, then you will probably be familiar with the MGM casino properties. The sportsbook from MGM went live in 2018 and is rapidly growing to be one of the best sportsbooks for US bettors. The BetMGM app is one of the most popular gambling apps on the market, and it is very easy to use.
MGM has a minimum deposit amount of $10 which is ample for most casual bettors. There are operators who will take smaller deposits, but a ten-spot is still a good amount. Withdrawals and deposits are handled in a timely manner, and BetMGM accepts a wide range of cashier options, including credit/debit cards, wire transfers, Play+ PayPal, Skrill, and many more.
#3 Caesars Sportsbook ️- $10 Minimum deposit
Caesars is another casino turned online sports betting operator. Having purchased the William Hill brand in 2021, Caesars is now looking to conquer the sports gambling world. The Caesars sportsbook app and website are super easy to use and let you bet on a huge number of sports and events. Caesars is one of the best minimum deposit sportsbooks going for a number of reasons. Ok, there are books that accept deposits less than a tenner, but they don’t have Caesars Rewards, cash out, in-play wagering, and a whole roster of other features.
$5 Minimum Deposit Sportsbooks
DraftKings has a $5 minimum deposit requirement. This is ideal for low risk bettors as only depositing $5 allows you to manage your budget easily. If you have a smaller budget to work with and use it wisely betting on markets you know well, you will be surprised how far $5 can stretch. Even if this is your monthly budget, this amount should be suitable and can cover numerous wagers if used correctly.
A $5 minimum deposit sportsbook is also ideal for beginners. Everyone has to begin somewhere, and if you come across phrases such as ‘BetMGM minimum deposit’ for the first time, you may not fully understand what it all means. That is why easing yourself in with a relatively small $5 is a good place to start.
Minimum Stake and Minimum Deposit
So you can top up your account for as little as $5 or $10 at the US betting sites and apps, but how far will it take you with your bets?
For those who are new to betting, it is strongly recommended to start betting with tiny stakes, to get the picture of how it all works. You may want to just test out some bets or try new strategies, and the minimum deposits are the perfect way to go. But then you need to check how much these sportsbooks accept for minimum betting stakes. How many bets can you get out of your $10?
We are not thinking about potential profits here, because if you wager cents then you are most likely going to win cents – if not a few dollars. But for the sake of the argument, here are some of the minimum betting stakes you can place at our minimum deposit betting sites.
- FanDuel – $0.09
- DraftKings – $0.10
- Caesars Sportsbook – $0.10
- BetMGM – $0.50
How to Claim a Sportsbook Bonus With a Small Deposit
When you have chosen your preferred deposit method and sent money to your favorite betting site, you become eligible for a welcome bonus, usually a bonus bet offer. In a highly competitive market, this is the way online sportsbooks attract new clients, so don’t forget to claim it.
These bonuses come with rollover requirements, meaning you need to follow and adhere to the rules in order to use them. This is common and is nothing to worry about; it is just the nature of the business.
Claiming a bonus is a straightforward process and can be done by following the below steps:
- Once your registration is complete, visit the cashier section and choose your preferred deposit method.
- When adding your deposit, the sportsbooks will give you bonus options. Select which one you like the look of, and then confirm your deposit.
- The bonus funds will appear in your account but make sure you read the rollover requirements first.
Completing the steps above will ensure you can properly take advantage of the welcome bonus.
Banking Methods for Low Minimum Casino Deposits
Even though low minimum deposits allow you to play with little, they still offer numerous reliable banking methods. These methods are the same as you’ll find in most online casinos, including:
Debit/Credit Cards
These are still the most popular options for many players who want to make payments in online casinos. Fortunately, low-deposit gambling sites offer plenty of them to players in the US. These range from Visa, Mastercard, and American Express. Deposits and withdrawals with these options are usually free, but a casino may charge a small fee for withdrawals in rare instances. That’s a small price to pay for the fastest payout casinos.
Prepaid Cards
These cards have a fixed cash value and are ideal for players who don’t want to share their personal information with the online casino. It is also great for those who wish to maintain a strict budget, as you can’t spend more than what is available on the card. It comes with a PIN in most cases, which makes it highly secure. Options in this category that you’ll find in minimum deposit casinos include:
- Play+ Casinos
- PaySafeCard
- Borgata prepaid card, DraftKings prepaid card, etc.
- E-wallets
E-wallets are the easiest ways to make payments in online casinos. They are highly secure and fast, ensuring you can quickly get started with your favorite casino games. E-wallets are virtual wallets that you can use to store cash and make transactions in online casinos. Some of them come with mobile applications, significantly improving your ability to play on mobile casino sites. Some of the most reliable eWallets include:
Low Stakes Casino Games and Strategies on a Budget
If you are aiming to play in minimum deposit casinos, it means you are most likely on a budget. If this is the case with you, there are still a few ways to bet effectively, even with a strict budget. Here are a few tips that can help.
- Play Free Games – Before dipping into your funds, make sure you play for free first. This will help you understand the game’s rules and how it works. With the information you get, you can easily develop a strategy and get the best out of your bankroll when you decide to play for real money.
- Go for Low Stake Games – Playing low stake games is a great strategy for playing on a budget. Many slot games let you wager for as low as 0.01$, which means you can still get a lot of spins out of a $1 deposit. Some casinos will also have table games with starting limits of 0.10 – $5/$10, depending on what you are after. Playing games like these will ensure you get the best out of your bankroll and even win more cash without spending excess.
- Set Your Limit – Because you are working with a tight budget does not mean you don’t need limits. In fact, you need more limits at this point. Ensure you set a gambling budget, time limit, loss limits, etc. Once you have exceeded the budget you set for yourself, leave the online casino. Limits only work if you follow them through, and if you fail to follow the limit you set, you can quickly lose your entire bankroll.
- Make Use of Bonuses – Bonus offers can give your bankroll the boost it needs without spending more. Ensure you take advantage of the bonus offers when registering on an online casino. Some casinos like DraftKings will even give you a no-deposit bonus of $50, which can go a long way in helping you get started.
- Play High Variance /Highly Volatile slots – Seek out the slots that are capable of huge wins and have a good RTP to ensure that even on low stakes, there is a chance of some huge wins.
- Combine Promotions – Check the casino Promotions before depositing and make sure to combine or opt-in to as many offers as possible such as free spins or leaderboard races.
FAQs
What are the best sport betting sites with minimum deposit?
- DraftKings Sportsbook
- BetMGM Sportsbook
- Caesars Sportsbook
What are the best sport betting apps with minimum deposit?
- FanDuel Sportsbook
- Caesars Sportsbook
- DraftKings Sportsbook