Minimum Deposit Casinos
Minimum Deposit Casinos
The great thing about low deposit casinos is that they make online gambling accessible to just about everyone. You don’t need to have loads of money in the bank, or a big casino bankroll. If you’re a beginner, you don’t need to worry about wasting money learning how to play.
All you need is the price of a cup of coffee at Starbucks, and you can start playing at some of the very best online casinos in the world.
At Betspin.com we put player safety and security first. While we do accept a commission from partners which may affect brand positioning, we are dedicated to only working with trustworthy and reliable operators. All our reviews are written and rated independently of the paying partner and we reserve the right to decline commissions from operators who do not meet our standards. Our list of top live casinos is not comprehensive of every casino operating in the market but is updated continuously with the best and newest brands.
On this page, we’ve got everything you need to know about low cost casinos and low-stakes gambling. We’ve got details on low deposit betting bonuses, how to sign up, the best banking methods for small deposits and more.
Some people have the impression that you just can’t have fun betting online unless you’re willing to risk eye-watering sums of money. This couldn’t be further from the truth. After all, why else would minimum deposit casinos exist?
What is a Minimum Deposit Casino?
Just like it sounds, a minimum deposit casino is a betting site that allows players to sign up and play for very little money.
The first step after signing up with a casino is to deposit some money to bet with, and the thought of having to spend a lot can be a turn off. Online casino games should be available for anyone, whether you want to play for $0.10 or for $100.
That’s what minimum deposit casinos provide.
For some casinos a $20 minimum deposit is standard, but you can find sites that go significantly lower. $10 minimums deposits are common, and this is a pretty reasonable amount to expect to spend. But you can also find $5 deposits out there, and some of the top casinos available to Canadian players even accept $1 deposits.
For the very best low-cost casino, look no further than the list below.
How to Deposit
After you’ve chosen your favorite low deposit casino from our list, you’ll need to sign up to create your account. The process changes slightly from site to site, but overall it tends to be fairly similar.
Normally, you’ll need to provide the casino with the following info:
- Date of Birth
- Email Address
- Phone Number
You’ll have to choose a unique username, and maybe create some security questions. Often sites require you to fully verify your identity before you’re allowed to play. This is a security requirement, and will probably involve you sending a copy of your passport or other ID.
As long as you are playing at a safe and reliable site, this information is used purely for security purposes, to make sure you are who you say you are. It shouldn’t be shared with any third parties, or used for any other reasons
Once you’re all signed up and verified, it’s time to head to the cashier where you can make your deposit. Most casinos accept lots of different payment methods, and we cover all the most common options in the next section.
Whichever method you choose, you just need to follow the instructions and your low-price deposit is usually processed instantly. You’ll be able to take your cash to the low limit games, and see if you can turn your modest bankroll into a big one.
Minimum Deposit Payment Methods
The best casinos have tons of banking methods, but not all of them are suitable for small deposits. Some have minimum transaction limits built in which have nothing to do with the casino. Some have processing fees attached that just aren’t compatible with low deposits.
If you want to play for the smallest stakes, you need to know which payment types to look out for.
Best Methods For Minimum Deposits
E-wallets and cryptocurrencies are the best payment methods for low deposits. It generally costs the casino very little (or nothing) to process these types of transactions, so they are happy to allow very low deposits.
Casino branded prepaid cards also generally come with relaxed limits. Since the casino wants players to use their signature card, they are happier to accept the lowest deposits as a way to encourage players to sign up for one.
If you happen to live near a physical branch of your online casino, depositing with cash is a great option for low cost deposits.
Bad Methods For Minimum Deposits
As a rule of thumb, credit cards and debit cards are not low-deposit friendly. This is because there is a small fee associated with every transaction (which the casino usually covers), so it’s not worth it for them to offer tiny deposits. $10 is often the limit with bank cards, and some credit cards won’t be accepted at all if they are too expensive for the casino.
The same is true for bank transfers, which often have their own limits.
Gift cards are generally not available in very small denominations, so they’re not really suitable for very small deposits.
Any payment option that is likely to incur a fee, like PayNearMe or a Wire Transfer for example, also doesn’t make sense if you want to keep costs down.
Minimum Deposit Casino Bonuses
Any time you sign up to a new casino you can expect to receive a casino bonus, and that goes for minimum deposit casinos too.
Casino bonuses are how casinos attract new players. They know that potential customers can’t resist a good deal, so they create juicy bonus packages that are just too good to pass up.
That’s why the welcome bonus should be one of the first things you look for when you check out a new casino. With minimum deposit casinos, some bonuses make more sense than others.
Deposit Matching Bonuses
This is the most common type of welcome bonus that casinos offer. With this bonus, all or part of your first deposit will be matched with bonus cash, so you receive an even bigger bankroll.
As attractive as this sounds, it’s not the most valuable offer for minimum deposit casinos.
By the nature of this bonus, the more money you are prepared to deposit yourself, the more valuable the bonus becomes. If you only want to spend $5 on your casino, the most you’re likely to get out of a deposit bonus is $10 in total.
Although it’s not to be sniffed at, deposit matching bonuses are probably not your best bet at low deposit casinos.
No Deposit Bonuses
If your priority is to spend as little as possible, no deposit bonuses make a lot more sense.
In this case the casino will give you some bonus cash total free, just for creating an account. The amount is usually quite small – $10 or $20 for example – and comes with some hefty wagering requirements, but it’s totally free and you can end up winning real money.
If you wind up losing your bonus cash, you can just make a small deposit and keep playing. Just like minimum deposit casinos in general, no deposit bonuses are tailor-made for low stakes players, or people who want to test the waters of a casino without breaking the bank.
Free Spin Bonuses / Free Bets
With these bonuses you’ll get to play selected casino games for real money for free. Better still, they generally aren’t determined on how much of your own money you are prepared to deposit – everyone gets the same no matter what you spend.
For this reason, a free spin bonus is a perfect complement to a minimum deposit casino.
Minimum Deposit Casino Games
Minimum deposit casinos need to have plenty of low-limit casino games especially for low-stakes players. Slots are especially well suited to low stakes games, since you can often control not only the coin size of your bet but also the number active paylines.
It means you can set up the game exactly as you want. In some cases it’s possible to bet as little as $0.01 with just one payline. With modern slots, you can basically find a game that lets you bet whatever you want – which is perfect for keeping costs down.
Blackjack and roulette both typically have low stakes games available, so you should be able to make bets for just a few cents a hand. Live dealer games generally have slightly higher stakes than virtual casino games, but you should still have some good options.
Minimum Deposit Casinos – The Sensible Option
Here at BetSpin, we want everyone to have the opportunity to play the best online casino games, no matter how much money you have at your disposal. Minimum deposit casinos do the job perfectly.
There are really no downsides to minimum deposit casinos. Here are some of the best things about them:
- Low deposits means small bets and low risk
- You can manage your gambling spending more easily
- Perfect for testing out a new site or game without overspending
- You still qualify for casino bonuses with small deposits
- For the most part, you can play the exact same games as higher stakes players
Check out our list above to find the very best low-cost sites for Canadian players, where you can make a small deposit and play amazing games without worrying about overspending. If you find one you like the look of, we can even help you get set up with a welcome bonus.
Our current favorite Minimum Deposit Casinos are:
FAQs about Minimum Deposit Casinos
What Are Minimum Deposit Casinos?
Minimum deposit casinos are betting sites which let you deposit and play with very small amounts of money – sometimes as low as $5 or $1.
Can I Claim a Welcome Bonus With a Small Deposit?
Yes. Welcome bonuses are for all players, regardless of how much they want to spend. However, some bonuses (like deposit matching bonuses) become more valuable the more you spend.
What Games Are Available For Small Betting?
Minimum deposit casinos have plenty of low stakes games available for players of all bet sizes. Slots, blackjack, roulette, video poker, keno, baccarat, live dealer games and more all typically have small betting options.
Are All Banking Methods Available For Small Deposits?
No. Sometimes the deposit limits vary depending on what method you are using. E-wallets and cryptocurrencies are usually available for low deposits, while bank cards typically have higher limits.