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$5 Minimum Deposit Sportsbook 2024: Best 1 Dollar Deposit Betting Sites

Last Updated on 13.04.2024
Fact checked by: Alex Cabal

If you consider yourself a budget-conscious bettor, $5 minimum deposit sportsbooks should be right up your street. Personally, I’m a huge fan of these low-deposit sports betting brands too, and by the end of this guide, you should know why.

Here, I’ll be taking you through what sportsbooks with a $5 minimum deposit are all about, sharing their pros and cons along with useful hints and tips. We’ll also be looking at the best payment methods for making $5 sportsbook deposits, so you can get maximum value from these flexible and affordable bookmakers.

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Discover the best low deposit betting sites for 2024

Players accepted in the US US Flag
Stake.us
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United States of America
Players from United States of America accepted
T&Cs apply, 18+
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Payment Methods
Credit Card
Bitcoin
Litecoin
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Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, LA, ME, MD, MA, MN, MS, MO, MT, NE, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, LA, ME, MD, MA, MN, MS, MO, MT, NE, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WV, WI, WY
Currencies
Gold Coins
Stake Cash (redeemable)
Currency Conversion
1 Stake Cash = 1 USD
Packages
$20 = 200,000 GC (+ 20.2 Free SC)
$50 = 500,000 GC (+ 50.5 Free SC)
$100 = 1,000,000 GC (+ 101 Free SC)
$200 = 2,000,000 GC (+ 203 Free SC)
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Cashout available
Yes
Real Money Prizes
– Gift cards
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VIP Program
Yes
Software Providers
Hacksaw Gaming
Pragmatic Play
Stake Originals
+
Number of Slots
561
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McLuck
Hot Offer
Welcome Bonus
Up to 57.500 Gold Coins + 27.5 Free Sweepstakes Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Free-to-play options
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Payment Methods
Visa
Mastercard
Applepay
+
Accepts Customers from
Show StatesAK, AZ, AR, CA, CO, CT, DE, FL, HI, IL, IN, IA, KS, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAK, AZ, AR, CA, CO, CT, DE, FL, HI, IL, IN, IA, KS, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Apps
Currencies
Gold Coins
Sweepstakes coins (max. Redeem: 10000$ per day)
Packages
$1.99 = 4,000 GC
$4.99 = 10,000 GC
$9.99 = 50,000 GC
$19.99 = 40,000 GC
$49.99 = 100,000 GC
$74.99 = 200,000 GC
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Cashout available
Yes
Real Money Prizes
– Gift cards
– Cash Prizes
VIP Program
No
Software Providers
NetEnt
Pragmatic Play
Playson
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Number of Slots
877
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High5Casino
Hot Offer
Welcome Bonus
5 Sweeps Coins + 250 Game Coins + 600 Diamonds
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • 800+ slots
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Payment Methods
PayPal
Visa
Mastercard
+
Accepts Customers from
Show StatesAZ, CA, CO, CT, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, NJ, NY, OH, PA, TN, TX, VA
Show StatesAZ, CA, CO, CT, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, NJ, NY, OH, PA, TN, TX, VA
Apps
Currencies
High 5 Casino Coins
Game Coins (redeemable)
Currency Conversion
1 Game Coins = 1 USD
Cashout available
Yes
Real Money Prizes
– Gift cards
– Cash Prizes
VIP Program
Yes
Software Providers
Pragmatic Play
High5Games
Vivo Gaming
+
Number of Slots
1485
Show More
Sweeptastic
4.
Welcome Bonus
Get 55,000 Lucky Coins and 34 Sweeps Coins with first purchase
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • 100+ casino games
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Payment Methods
Bitcoin
Skrill
Mastercard
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Currencies
Lucky Coins
Sweeps Coins (max. Redeem: 10000$ per day)
Currency Conversion
1 Sweeps Coins = 1 USD
Packages
$1000 = 1,000,000 LC (+ 1000 Free SC)
$500 = 500,000 LC (+ 500 Free SC)
$250 = 250,000 LC (+ 250 Free SC)
$100 = 100,000 LC (+ 100 Free SC)
$50 = 50,000 LC (+ 50 Free SC)
$30 = 30,000 LC (+ 30 Free SC)
$10 = 10,000 LC (+ 10 Free SC)
$1 = 1,000 LC (+ 1 Free SC)
Cashout available
Yes
Real Money Prizes
– Gift cards
– Merchandise
– Cash Prizes
VIP Program
Yes
Software Providers
1Spin4Win
Betsoft Gaming
GameArt
+
Number of Slots
682
Show More
Wow Vegas
5.
Welcome Bonus
1.75 million WOW Coins + 35 Free Sweepstake Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Signup bonus available
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Payment Methods
Applepay
Mastercard
Skrill
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WV, WI, WY
Currencies
Wow Coins
Sweepstakes coins (max. Redeem: 10000$ per day)
Currency Conversion
1 Sweepstakes coins = 1 USD
Cashout available
Yes
Real Money Prizes
– Merchandise
– Cash Prizes
VIP Program
Yes
Software Providers
Betsoft Gaming
Pragmatic Play
3 Oaks Gaming
+
Number of Slots
916
Show More
Sportzino
6.
Welcome Bonus
Get 180,000 GC + 8 FREE Sweeps Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Game lobby lets you filter games based on game type and provider
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Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Currencies
Gold Coins
Sweepstakes coins
Packages
$0.99 = 100,000 GC (+ 5 Free SC)
$19.99 = 1,350,000 GC (+ 35 Free SC)
$1 = 110,000 GC
$5 = 110,000 GC (+ 5.05 Free SC)
$10 = 260,000 GC (+ 10.1 Free SC)
$20 = 750,000 GC (+ 20.5 Free SC)
$50 = 2,000,000 GC (+ 51.5 Free SC)
$100 = 5,000,000 GC (+ 104 Free SC)
Cashout available
No
VIP Program
No
Show More
Zula Casino
7.
Welcome Bonus
Get 100,000 FREE Gold Coins and 10 FREE Sweeps Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Vast game selection with over 550 games
  • 100,000 GC + 10 SC welcome bonus
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Payment Methods
Visa
Mastercard
Discover
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV
Currencies
Gold Coins
Sweeps Coins
Currency Conversion
1 Sweeps Coins = 1 USD
Cashout available
No
Real Money Prizes
– Cash Prizes
VIP Program
No
Show More
Fortune Coins
8.
Bonus
Claim Your Free 630,000 Gold Coins & 1,400 Sweeps Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Welcome bonus
  • Fish-based games
  • Famous slots
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Payment Methods
Visa
Mastercard
Skrill
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Currencies
Gold Coins
Fortune Coins (max. Redeem: 5000$ per day)
Currency Conversion
49500 Fortune Coins = 1 USD
Cashout available
Yes
Real Money Prizes
– Cash Prizes
VIP Program
Yes
Software Providers
Endorphina
1Click Games
Number of Slots
111
Show More
Funrize
9.
Welcome Bonus
FREE 400,000 Coins and 1000 Entries
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Great welcome offer
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Payment Methods
Credit Card
PayPal
Bank Transfer
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, VT, VA, WV, WI
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, VT, VA, WV, WI
Currencies
Coins
Redeemable Coins (max. Redeem: 2000$ per day)
Currency Conversion
2000 Redeemable Coins = 1 USD
Cashout available
Yes
Real Money Prizes
– Gift cards
– Cash Prizes
VIP Program
Yes
Software Providers
NetGame Entertainment
Number of Slots
47
Show More
Pulsz.com
10.
Bonus
367,000 Gold Coins + FREE 32.3 Sweepstakes Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • 750+ games
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Payment Methods
Applepay
Google Pay
Skrill
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WV, WI, WY
Apps
Currencies
Gold Coins
Sweepstakes coins (max. Redeem: 12000$ per day)
Currency Conversion
1 Sweepstakes coins = 1 USD
Cashout available
Yes
VIP Program
Yes
Software Providers
Relax Gaming
NetEnt
Pragmatic Play
+
Number of Slots
1282
Show More
Golden Hearts Games
11.
Welcome Bonus
250,000 Gold Coins + 500 FREE Sweeps Coins + 100% Sweeps Coin Bonus for First Purchase!
United States of America
Players from United States of America accepted
  • Possibility to fund charity
  • Easy-to-use website
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Payment Methods
PayPal
ACH
Direct Debit
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NV, NH, NJ, NM, NY, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NV, NH, NJ, NM, NY, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY
Currencies
Gold Coins
Sweeps Coins (max. Redeem: 100$ per day)
Currency Conversion
500 Sweeps Coins = 1 USD
Packages
$10 = 650,000 GC (+ 6250 Free SC)
$25 = 1,750,000 GC (+ 15625 Free SC)
$50 = 4,000,000 GC (+ 37500 Free SC)
$100 = 10,000,000 GC (+ 100000 Free SC)
$30 = 2,250,000 GC
Cashout available
Yes
VIP Program
Yes
Software Providers
NetEnt
Booming Games
Number of Slots
433
Play casino games. Win Sweeps Coins. Redeem for cash! Use this link to get: Sign-up bonus: 250,000 Gold Coins + 3,000 FREE Sweeps Coins! No purchase necessary. U.S. residents only. 18+.
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TaoFortune
12.
Welcome Bonus
128,000 TAO Coins for FREE + 50% Secret Coins Match bonus
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Play casino-style games for free
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  • Access this social casino in 47 states
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Payment Methods
Applepay
Visa
Mastercard
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, VT, VA, WA, WV, WI
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, VT, VA, WA, WV, WI
Currencies
Virtual Credits
Gold Coins
Currency Conversion
100 Gold Coins = 1 USD
Packages
$4.98 = 50,000 VC (+ 500 Free SC)
$9.88 = 250,000 VC (+ 1250 Free SC)
$11.88 = 120,000 VC (+ 1200 Free SC)
$19.88 = 600,000 VC (+ 3000 Free SC)
$29.88 = 300,000 VC (+ 3000 Free SC)
$49.88 = 500,000 VC (+ 5000 Free SC)
$99.88 = 1,000,000 VC (+ 10000 Free SC)
$149.88 = 1,500,000 VC (+ 15000 Free SC)
$199.88 = 2,000,000 VC (+ 20000 Free SC)
Cashout available
No
Real Money Prizes
– Gift cards
– Cash Prizes
VIP Program
No
Software Providers
NetGame Entertainment
Number of Slots
47
Show More
Hello Millions
13.
Welcome Bonus
GC 15000 + SC 2.5 Free
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Huge casino-style gaming lobby
  • Regular new releases
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Payment Methods
Visa
Mastercard
Applepay
+
Accepts Customers from
Show StatesAK, AZ, AR, CA, CT, DE, FL, IL, IN, IA, KS, LA, ME, MD, MA, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAK, AZ, AR, CA, CT, DE, FL, IL, IN, IA, KS, LA, ME, MD, MA, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Currencies
Gold Coins
Sweepstakes coins
Cashout available
No
Real Money Prizes
– Gift cards
– Cash Prizes
VIP Program
No
Software Providers
1x2Gaming
3 Oaks Gaming
BETER
+
Number of Slots
1746
Show More
Pulszbingo.com
14.
Welcome Bonus
5,000 Gold Coins + 2.3 Free Sweepstakes Coins
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Multiple Bingo rooms
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  • Slots and table games available
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Payment Methods
Mastercard
Visa
Discover
+
Accepts Customers from
USA
USA
Currencies
Gold Coins
Sweeps Coins
Currency Conversion
1 Sweeps Coins = 1 USD
Packages
$1.99 = 10,000 GC (+ 18 Free LP)
$4.99 = 26,500 GC (+ 45 Free LP)
$9.99 = 173,500 GC (+ 110 Free LP)
$19.99 = 362,000 GC (+ 460 Free LP)
$49.99 = 904,500 GC (+ 750 Free LP)
$99.99 = 1,884,000 GC (+ 1800 Free LP)
Cashout available
No
Real Money Prizes
– Gift cards
– Cash Prizes
VIP Program
Yes
Software Providers
Proprietary Games
NetEnt
Relax Gaming
+
Number of Slots
789
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Moonspin
15.
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Moonspin Originals offer endless fun
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  • Get 30,000 GC + 3 MC when you sign up
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Payment Methods
Ethereum
Bitcoin
Litecoin
+
Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Currencies
Gold Coins
Sweepstakes coins
Currency Conversion
1 Sweepstakes coins = 1 USD
Packages
$10 = 10,000 GC (+ 10.1 Free SC)
$25 = 25,000 GC (+ 25.5 Free SC)
$50 = 50,000 GC (+ 52 Free SC)
$100 = 100,000 GC (+ 105 Free SC)
$250 = 250,000 GC (+ 256 Free SC)
$500 = 500,000 GC (+ 520 Free SC)
Cashout available
No
VIP Program
No
Show More
Rolling Riches
16.
Welcome Bonus
100,000 Gold Coins + 1 SC
United States of America
Players from United States of America accepted
T&Cs apply, 18+
  • Impressive game variety
  • Games by top developers
  • Redeem real cash prizes
Best Alternative
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Accepts Customers from
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, ME, MD, MA, MN, MS, MO, MT, NE, NH, NY, NC, ND, PA, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Show StatesAL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, ME, MD, MA, MN, MS, MO, MT, NE, NH, NY, NC, ND, PA, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY
Currencies
Gold Coins
Sweepstakes coins
Cashout available
No
Real Money Prizes
– Cash Prizes
VIP Program
No
Show More

Your guide to $5 minimum deposit sportsbooks

Can you join a sportsbook with a $5 minimum deposit?

If you’re signing up for a new, untested sportsbook that you’ve never used before, I get why you’d want to start with a small deposit. Until you’ve tested a brand’s features, odds, and usability first-hand, you may prefer to keep any outlay to a minimum.

That’s where $5 minimum deposit betting comes to the fore. With these sports betting sites, you can pay just five bucks (or the currency equivalent where you live) to join a sports betting site and start placing bets. For most bettors, that should be an affordable sum to get started with, particularly if you’re conscious of budgeting.

100%. In my experience, plenty of betting sites have a minimum deposit of $5, so you should have no trouble finding a bookmaker that ticks your boxes. Sure, there are probably more sportsbooks with $10 minimum deposits, but a $5 minimum isn’t unheard of by any means.

The great thing about using sportsbooks with a $5 minimum deposit is that you should have a wide selection of payment methods available to you. Any less than $5 (or equivalent) and bookies may start charging transaction fees for processing deposits made with particular payment facilities.

What are the advantages of $5 minimum deposit betting?

There are few things more satisfying than finding a neat new bookie before discovering that they have a $5 minimum deposit requirement. It means you can try out their brand of sports betting with a small deposit contribution – perfect if you’re not looking to spend loads to place sports bets.

Here are some of the other advantages associated with $5 minimum deposit sportsbooks.

Ideal for cash-conscious bettors

If you’re looking to bet on your favourite teams but don’t exactly want to spend loads while you do it, $5 deposit sportsbooks are where it’s at. There’ll be no hefty outlays to make to access these bookmakers, so you can better manage your budget and cash flow.

Access the best range of deposit payment methods

Whether you opt for credit/debit card, PayPal, or another facility, you should find no shortage of payment methods through which to make a $5 sportsbook deposit. Most banking methods are free for deposits of $5 and above, too.

Qualify for some sportsbook sign-up bonuses

With a $5 minimum deposit, you may qualify for some bookmaker welcome bonuses, including free bets, cashback, and deposit-match promos. $5 is pretty much the minimum threshold for accessing sportsbook welcome deals, but you may need to pay more to get the best offers.

Great way to try out new bookmakers

If you’re not set on a go-to sportsbook just yet, a $5 minimum deposit may feel like a small price to pay to try out different brands until you find one you like. Rather than $20 minimum deposit sportsbooks, when you might second-guess yourself, $5 deposit bookies give you the freedom to chop and change to find the best deal.

A flexible minimum deposit while you’re still learning the ropes

If you’re new to sports betting and still deciding if it’s right for you, you may not want to shell out tons of cash to access the best odds and bet markets. That’s why I think $5 minimum deposit sportsbooks are great for beginner bettors, providing just the right level of flexibility and affordability that you need.

Any disadvantages of sports betting with a minimum deposit of $5?

I won’t lie: I think sportsbooks with a $5 minimum deposit are pretty hard to beat. But in the interest of total clarity and fairness, I should share my thoughts on some of the slight gripes people have with betting sites with low minimum deposits.

You may not qualify for the best welcome bonuses

Yes, I included bonuses in my list of pros above, but I didn’t say they were the best. $5 is a tad too cheap to qualify for the best sports betting sign-up rewards, so you may need to pay a little extra if you want the most competitive deals.

Some odds and betting markets may be restricted

That’s right, you may need to pay more to access all of the betting markets a sportsbook offers, particularly if you’re going after the best odds or are looking to redeem eye-catching welcome bonuses.

Transaction fees may apply

Depending on the payment facility you use, you may have to pay fees for depositing funds into a sports betting site. As such, it may work out cheaper to make less frequent lump-sum payments.

What are the best payment options for $5 minimum deposit sportsbooks?

Confident that $5 minimum deposit bookies are for you? Before you go charging ahead, it’s worth taking a moment to consider the best banking method for making these small sportsbook deposits.

To help with that, check out my handy comparison table below…

Best banking methods for $5 minimum deposit betting
Payment methodsProsCons
Credit/debit cardMaking sportsbook deposits with your credit/debit cards is by far the easiest and most flexible way to pay in $5 at a time. Transactions are typically free, too.While debit/credit cards do offer the most flexibility, there is a slight trade-off where security and privacy are concerned.
E-wallet (PayPal, Skrill, etc.)If you’d prefer to keep sportsbook transactions off your main bank statement, using an e-wallet service like PayPal to make $5 deposits is fast, free, and convenient.Opening an e-wallet account isn’t always the most straightforward, so if you’re keen to start betting, long-winded verification steps could feel like a load of hassle.
Prepaid cardPrepaid cards, including the ever-popular Paysafecard, offer an easy way to make small sportsbook deposits with maximum privacy and anonymity guaranteed.If you plan to make sportsbook withdrawals using the same banking method, this may not be possible with Paysafecard and similar.
Google Pay and ApplePayIf you plan to bet on your smartphone, using Google Pay and ApplePay is a fast and convenient way to make minimum $5 sportsbook deposits.The likes of ApplePay and Google Pay certainly have their merits, but they’re not accepted by all online bookies at present.
Bank transferLast on my list of the best deposit methods is the humble bank transfer. It may not be fast, but it sure is reliable.Deposits made by bank transfer tend to take longer than other payment facilities, while some bookies may not accept low deposits made using this banking method.

Key takeaways: The pros and cons of $5 minimum deposit sportsbooks

Not 100% convinced that low $5 deposit sportsbooks are for you? Hopefully, a quick refresher of their pros and cons can convince you otherwise.

Pros and cons
  • Access sports betting markets with a low deposit of just $5
  • Try out different sportsbooks for a nominal initial outlay
  • Perfect for money-conscious bettors or those still learning the ropes
  • Plenty of payment options available for $5 sportsbook deposits
  • Qualify for some sportsbook sign-up deals
  • You may need to pay more to get the best welcome bonuses

A final word on $5 minimum deposit sports betting

Online bookmakers are aware that they need to keep their minimums and maximums as flexible as possible for every type of bettor that comes through their virtual doors. That’s why you’ll find that lots of sportsbooks operate a $5 minimum deposit requirement, as this low fee doesn’t alienate budget-conscious customers.

From my point of view, $5 deposit bookies are some of my favourites. Sure, you might not get quite the same quality of bonus that you would with a $10 or $20 deposit, but if you value flexibility and affordability, these brands are among the very best.

Don’t forget to check out the banners on this page and around the Game Champions site for the latest and best sportsbook sign-up deals.

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$5 minimum deposit sportsbooks FAQ’s

🤔 Can I pay $5 as a sportsbook deposit?

Certainly. Plenty of sportsbooks accept a minimum deposit of $5.

💰 Is $5 the lowest sportsbook deposit?

Not always. Some bookmakers may accept a $1 deposit while others may let you bet with no deposit necessary. Both options are usually only available through specific sign-up deals, though.

⚖️ Are $5 minimum deposit sports betting sites legit?

Absolutely! Some of the biggest names in betting accept $5 deposits, so you can trust that they’re legitimate and above board.

 

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Our Team
Adan CabalAlex CabalAngel C. Noriega
Adan Cabal
Editor - Esports Journalist
Alex Cabal
Editor - Casino Expert
Angel C. Noriega
Editor - Responsible Gambling

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