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Whether you are a casual bettor or someone who places wagers a little more often, you may have a set budget to work around. While all online sports betting sites require a deposit, there is always something available for lower budgets.
I will walk you through betting sites with no minimum deposit, giving you industry insight into why these aren’t available. Having said that, you can look forward to a whole host of no deposit bonuses that give you free credit. Before I get into it, let’s start by exploring some of the best bookmakers you will find online.
Unless you are a complete beginner, you will know that most online sports betting sites require a minimum deposit. Whether that’s $1, $5, $10, or $20 – there will almost always be a minimum requirement applied.
I have scoured the internet, looking for some leading sportsbooks with solid reputations and I couldn’t find a single one that didn’t have a minimum deposit requirement. Of course, some of the betting sites I came across didn’t outright state what the minimum deposit was, but within a few minutes of digging around, I soon found the relevant figures.
While this is a little disappointing, it shouldn’t dampen your betting experience at all. If you have a low betting budget, there are plenty of options out there. Low minimum deposit betting sites are available in an overwhelming amount. All of the bookmakers I have highlighted above fit nicely into this category, with most of them accepting deposits of around $5 or $10.
Please refer to the banners on this page to discover the best offers and online sportsbooks for low deposit options. I’ve curated a selection of my favorite operators for you to choose from.
Now that I have established that betting sites with no minimum deposit doesn’t really exist, let’s take a closer look into the ‘why’. Naturally, a bookmaker wants to make a profit and as they have their overheads, they need to make sure that every player and every deposit is worthwhile. As long as these betting sites have a minimum deposit requirement, this keeps them ticking over quite nicely.
I understand that this can be frustrating, especially if you were specifically looking for no minimum deposit betting opportunities. But it really doesn’t need to be. Remember, that every single cent of your deposit goes straight into your bankroll. If you deposit $20, you get the full $20 to wager with – nothing is lost.
Let’s say you were hoping to only bet with $2 today, but you need to deposit at least $10. The remaining $8 will still be there for when you next want to use it. While it has left your bank, the money is still yours – just for betting activities of course. I recommend that if you only set out to wager a small amount, stick to this regardless of the minimum deposit amount. You should always keep to your budget and use your remaining credit when you usually would.
Just because you need to make a deposit in order to get started, that doesn’t mean it needs to be a significant amount. Plenty of low minimum deposit betting apps and sites accept tiny amounts. I’m talking about as little as $1! While these aren’t as common as other minimum deposit amounts, they do exist.
Online bookmakers understand that sports bettors want complete flexibility, so they aim to meet this as much as they can. So while betting sites with no minimum deposit requirements don’t exist, they are pretty low.
$5 minimum deposit betting sites allow you to make exceptionally low deposits of just $5. With $5 you will gain access to the full range of betting markets, including live betting. You can also start claiming bonuses including welcome offers, free bets, bet insurance, and so much more.
If you are looking to deposit $10, then you are covered. $10 minimum deposit betting sites accept deposits from $10 and upwards. You can choose between all the major sports and leagues including football, basketball, NFL, MLB, and NHL.
If you have $20 in your betting budget, you will find plenty of $20 minimum deposit betting sites. This is considered to be on the higher end of ‘low minimum deposit sites’. While it’s a low amount, they are more common.
While no minimum deposits may be off the cards, you can still get your hands on bonuses and promotions that don’t require a deposit. Online sportsbooks will set a minimum deposit limit as standard, but they will still offer no deposit bonuses from time to time, providing you with free credit to use however you wish.
Here’s how no deposit bonuses on sportsbooks work:
You will find no deposit bonuses in all different shapes and sizes. Let’s take a look at some of these offers below:
Welcome bonus | Sometimes sportsbooks will give you free credit or a free bet as part of a welcome package. |
Free bets | A specific amount of credit designated for a sports bet. It may come with requirements such as certain odds or sports. |
Free credit | Credit that can be used on any product or service, unless otherwise specified |
As with most promotions, there will likely be a wagering requirement attached. This dictates the number of times that you must play through your bonus credit before you can withdraw your winnings.
For example, if you claimed a $100 bonus and this had a 3x wagering requirement, you would then need to wager the $100 another three times before you can request a payout.
To keep the bonuses as fair as possible, there will almost always be a maximum payout, which means that the amount you can win is capped at a specific value. What this threshold is will vary from sportsbook to sportsbook.
You may come across a qualifying odds requirement. This means that you will need to use your free credit on specific odds only in order to either qualify for a bonus or to use your bonus credit.
Many bonuses have an expiry period that you need to keep in mind. This relates to the amount of time you have to use your free credit before it is removed from your account. For example, if a bonus has a 7 day expiry, then you must use it within 7 days from the date you claimed the bonus.
As I’ve highlighted in this guide, all online sportsbooks require a minimum deposit. So, let’s take a look at the advantages and downfalls of using betting sites that accept low deposits instead.
As you can see, there is no sign of any betting sites that don’t require a minimum deposit. For now, at least. Despite this, you can still access a huge range of budget-friendly platforms that accept deposits from as little as $1.
With low minimum deposits, you can still manage your budget effectively and spend exactly what you had in mind. Plus, you will gain access to all the same betting options and markets, including live betting.
While this may be a little disappointing, I have highlighted some of the very best sports betting operators that I could find. All of the ones I have linked in the banners on this page accept low minimum deposits, so you can get started straight away without breaking the bank.
Unfortunately, there are no signs of any online sports betting sites that don’t require a minimum deposit just yet. But, I have found plenty of reputable operators that accept low deposits, which may interest you. Check the banners on this page for my recommendations.
You can use a variety of secure payment methods including credit and debit cards, e-wallets, and cryptocurrencies. You may also be able to use mobile payments such as Apple Pay and Google Pay.
Yes, the minimum deposit requirements can vary slightly according to your preferred banking method. You can check this on the T&Cs page on your chosen online sportsbook or speak with the customer support team for more information.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.