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The Grueling Truth - Where Legends Speak / Low Deposit Betting Sites: Top 5 Sportsbooks with Low Minimum Deposits

Low Deposit Betting Sites: Top 5 Sportsbooks with Low Minimum Deposits

Betting Sites with Low Deposit

Last Updated on 05/30/2023
Fact checked by: Mark Lewis

Not everybody can, or even wants to be a ‘high roller’ or  ‘big bettor’. In fact, most people who gamble online do it with much smaller funds, so we’ve put together this in-depth guide to low deposit betting sites.

Betting sites with low minimum deposits aren’t hard to find if you know what you are looking for, so here at  TheGruelingTruth.com, we’ve compiled everything you need to know to find the best ones without spending hours searching. We’ll also show you how to cash in on those betting sites’ low deposit bonus offers so that you don’t miss out.

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Sportsbook of the month
Top Bookmakers
Bet365
4.6/5
BetMGM
4.6/5

Low deposit online sportsbooks

Bet365
Recommended
Favicon
4.6/5
  • Excellent range of sports betting markets available
  • World-renowned brand
  • Easy to navigate
Bet365 Bonus
Bet $1 & Get $200 in Bonus Bets
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to Bet365
Visit Site
Payment Methods
Find out more on Bet365.
Withdrawal
0 – 10 Days
Apps
License
Virginia (US) Lottery Board
Bet $1 and Get $200 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Show less
BetMGM
Hot Offer
Favicon
4.6/5
  • Excellent range of sports betting markets
  • Straightforward user experience
  • Competitive odds
BetMGM Bonus
100% up to $1000
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to BetMGM
Visit Site
Payment Methods
PayNearMe
PayPal
Bank Transfer
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Show less
BetRivers.com
Hot Offer
Favicon
4.5/5
  • Reputable brand
  • Payments via PayPal accepted
  • Reasonable wagering requirements
BetRivers.com Bonus
100% up to $500
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Copy
Visit Site
Payment Methods
PayNearMe
Bank Transfer
VIP Preferred
+
Withdrawal
0 Days
Apps
License
Virginia (US) Lottery Board
Show less
PointsBet
4.
Favicon
4.5/5
  • Well-regarded brand
  • User friendly website and app
  • Includes all major sports markets
PointsBet Bonus
5 x $50Bet Credits
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Copy
Visit Site
Payment Methods
E-Check
Prepaid Card
PayNearMe
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Show More
FanDuel
5.
Favicon
4.5/5
  • Well-known company
  • Excellent range of markets
  • Clever site design
FanDuel Bonus
Get up to $1,000 back in bonus bets
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to FanDuel
Visit Site
Payment Methods
Prepaid Card
PayNearMe
PayPal
+
Withdrawal
1 – 10 Days
Apps
License
Virginia (US) Lottery Board
Show More
Unibet
6.
Favicon
4.5/5
  • 22 different sports to bet on
  • Over 40,000 streams annually
  • Trusted sportsbook since 1997
Unibet Bonus
100% up to $100
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to Unibet
Visit Site
Payment Methods
E-Check
Prepaid Card
PayNearMe
+
Withdrawal
0 – 7 Days
Apps
License
Virginia (US) Lottery Board
Show More
DraftKings
7.
Favicon
4.5/5
  • Superb range of different sporting leagues
  • Effective in-play betting feature
  • Exciting fantasy team building
DraftKings Bonus
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Visit Site
Payment Methods
PayPal
VIP Preferred
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Show More
WynnBET
8.
Favicon
4.5/5
  • Up to $1,000 in a bonus bet
  • 10 days to wager
  • Minimum deposit of $20 to qualify
WynnBET Bonus
Bet $100 Get $100
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to WynnBET
Visit Site
Payment Methods
Visa
Mastercard
PayPal
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Show More
Barstool
9.
Favicon
  • First-time bettors can look forward to 100% up to $1,000 risk-free bets.
  • Barstool is available in close to ten US states.
  • Players can deposit and withdraw using a wide range of convenient banking methods.
Barstool Bonus
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Payment Methods
E-Check
PayNearMe
PayPal
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Show More
Bonus of the month

Who should make use of the comparison?  – find what you need using this low deposit betting sites guide

You’ll be happy to know that not all sites require a huge deposit to get started or even to qualify for the attractive bonus offers you might see elsewhere. If you want to know more, then this low deposit betting sites guide is for you. Even if you have more money to put in, there are some circumstances (which we’ll come to in a minute) where you might be better off looking in more detail at betting sites with low deposit offers. So, the short version is that everybody looking for a new online sportsbook or casino can find something to their advantage in this guide, not just those starting off with limited funds.

Always read the T&Cs – you could be in for a pleasant surprise

This is for two reasons. The first of which is that if you just limit yourself to looking for a certain type of site, you might be missing out. While many operators offer deposit match bonuses “up to” $1000 or more, the important part there is’ up to’. You might find that by reading through the small print, you’ll often see that the offer actually has a very low minimum deposit, and therefore you can get the same offer whether you’ve got $50 or $5000. So, if you continue to read through this guide, you’ll see how you can spot those easily.

Low deposit betting sites can work for everyone

Secondly, many low deposit sites can also be used quite successfully by those who have bigger banks, and they might even find they get a better deal than they would elsewhere. When operators put together bonuses aimed at lower deposits, they know they have to offer great value, and the wagering requirements will need to be very reasonable.

So, somebody who would normally consider themselves a ‘high roller’ might be able to take one of these bonuses. Because of the more sensible requirements, they end up with just as much as they would if they had taken one with a higher bounty and a larger rollover. Again, by reading this guide, you will be able to see which operators have the right kind of offers for you to make the most of.

Operator checklist: 5 things we look for when rating operators – how we review low deposit betting sites

Just because a site caters to those with a low deposit, that doesn’t mean we look at them any differently. In fact, we perform our reviews according to the same criteria, whether they are among the best cash out betting sites, the best sites for new bettors, or any other niche that springs to mind. This is so that you can compare them easily (more on that in a minute). Our reviewers are all experienced online gamblers who know exactly what to look for to see if a sportsbook or online casino is worth your time and attention.

They examine each operator in much the same way you would and report back on what they find. So you can see that our reviews cover everything that matters, here is a brief overview of some of the key areas they look at:

#1 The license (or to put it another way, is the operator ‘legit’?)

There have been plenty of changes in online gambling legislation over the last few years. So much so that somebody relatively new to online sports betting and with only a small amount to deposit might be hesitant and nervous that they are opening an account in the right place. For this reason, we go in-depth and not only make sure that the operator is licensed for your state, but the online reputation of both the operator and any parent company they might be a part of don’t set any alarm bells ringing.

#2 Encryption & HTTPS Compliance (in other words, is your data and money going to be safe?)

If you don’t have a big deposit, you are going to want to know for certain that any data or money you trust an operator with is going to be safe – which is why that is the very next thing we look at. We check the operator’s security certificate is in place, along with all of the other methods employed to make sure the operator has taken every reasonable measure to keep your details from those with malicious intent. Next, we look at the encryption that covers your payments and withdrawals and that that is of an acceptable standard, and we will, of course, let you know anything that doesn’t make the grade.

#3 The bonus (is it as good as it looks, or are there things you need to be on the lookout for?)

After all, it’s the bonus that attracts you to an operator, but that’s OK because that’s exactly what they are designed to do. Because of this, we take a look at the wagering requirements and see how they stand up against other operators with similar or (in some cases) potentially smaller bounties to see if you are actually getting off to a good start; or spending time just giving the operator their money back, as well as most of yours.

#4 The terms and conditions (yes, it’s time to read the small print)

The wagering requirements are not the only small print you need to read. While we stress that you absolutely must read all of the T&Cs yourself before signing on the dotted line, we will read them as part of our reviewing process and highlight anything we might view as odd or at least very different from what we would have read elsewhere. This way, you can spot if there are any immediate ‘deal breakers’ that you need to keep an eye out for.

#5 Customer support (are they able to put things right if it goes wrong)

You’ll find that around 95% of your time with any operator will be trouble free, but it’s the other 5% of the time that separates the good operators from the bad. The chances are that if something does go wrong, it’s likely to be with a deposit, withdrawal, or allocation of a bonus. When this happens, we want to make sure you are not greeted with silence, or some automated generic reply that is of zero help, so we test live chat, email, and phone to ensure they make the grade.

Check out these great places for low deposits:

Bet365
1.
Favicon
4.6/5
Bet $1 & Get $200 in Bonus Bets
Virginia
Players from Virginia accepted
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
Bet $1 and Get $200 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
2.
Favicon
4.6/5
100% up to $1000
Virginia
Players from Virginia accepted
PayNearMe
PayPal
Bank Transfer
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
BetRivers.com
3.
Favicon
4.5/5
100% up to $500
Virginia
Players from Virginia accepted
PayNearMe
Bank Transfer
VIP Preferred
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
PointsBet
4.
Favicon
4.5/5
5 x $50Bet Credits
Virginia
Players from Virginia accepted
E-Check
Prepaid Card
PayNearMe
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+
FanDuel
5.
Favicon
4.5/5
Get up to $1,000 back in bonus bets
Virginia
Players from Virginia accepted
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Visit Site
T&Cs apply, 21+

Editor’s recommendation – which are the best of the low deposit betting sites?

As we covered right at the start, many operators do have a low minimum deposit threshold, but most of what they have to offer, like the bonus, might be aimed at those with a little more to fund their accounts. There are, of course, exceptions to the rule, and with Caesars, a low first deposit on either sports or casino (depending on which services are accessible in your state) will still get you access to everything at our highest-rated operator.

Using the criteria we mentioned in the section above, our reviewers rate an operator out of 100, and Caesars currently has a score of 98. While being the highest rated operator overall doesn’t necessarily make it the best of the betting sites with low deposit options, on this occasion, they are, and this is for two reasons.

Why Caesars is rated so highly for low deposit betting sites

Firstly, anybody with only a small amount to deposit is not going to put their money with somebody they have never heard of, and there can’t be too many people who won’t have heard the name Caesars in association with gambling.

Secondly, the bonus can work just as well with a small as it would with a large one. Of course, your deposit match amount will be smaller, and the rollover requirements are likely to be the same, but if there is a deadline to use the bonus, it can be a lot easier to bet sensibly and carefully while working through $50 or $100 than it would be a huge amount like $1000.

Sports Bonus
4.3/5
Caesars
Sports Bonus
4.3/5
100% up to $1250
Risk-Free Bet
|
T&Cs apply, 21+

Finding the right operator for you – take your pick of the betting sites with low deposit

Finding any specific type of site, whether it is the fastest paying online sportsbook or the best low deposit betting sites, can be a long and drawn-out task, especially if you don’t know what you are looking for. For that reason, if Caesars wasn’t a good fit for you, you might think you still have a long search in front of you, but that doesn’t have to be the case.

As part of our objective reviewing process, we’ve looked at all of the sites you are likely to have seen online and have examined and rated each one of them. Some, like our editor’s recommendation Caesars sportsbook and casino we’ve rated highly, and others – not so much.

All of this is an incredible resource for somebody who is looking for a new low deposit betting site, or something quite specific like boxing betting, but would benefit from a little expert guidance in cutting down what could be a very long list to a much smaller one. As we mentioned above, we rate all operators on this site using the same criteria. You should be able to easily see if an operator has a particular feature you are looking for. This might be one with an easy-to-use app, excellent coverage of a niche sport, or in the case of a casino, live dealers who are streaming from a real land-based casino.

So, regardless of what you are looking for, using our reviews and rating to do the hard work for you can help you find the best low deposit betting sites available.

Bet365
4.6/5
Bet365 Review
Bet $1 & Get $200 in Bonus Bets
T&Cs apply, 21+
Visit Site
Bet $1 and Get $200 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
4.6/5
BetMGM Review
100% up to $1000
T&Cs apply, 21+
Visit Site
BetRivers.com
4.5/5
BetRivers.com Review
100% up to $500
T&Cs apply, 21+
Visit Site

 5 ultimate tips for using the best operators – make the most of your time at low deposit betting sites

Regardless of which of the low deposit betting sites you choose, you are going to want to get off the best start possible. To help you with this, we have put together a list of five things you really need to pay attention to, so you can make the most of betting sites with low deposit offers and requirements. This section will be of most use to new bettors, but more experienced users might learn something to their advantage as well, so don’t skip it:

Read the T&Cs

While this could be a golden rule for joining any operator, it is especially important for betting sites with low deposit offers, which is why it is listed first here. You need to check that your small deposit does not exclude you from other areas like the VIP club or loyalty scheme or exclude you from any other promotions. This might not affect your decision to join that operator, but at least you know the score before you start.

Use your small deposit to ‘test drive’ operators

One advantage that those with small deposits have over ‘high rollers’ is that when they join an operator, it is very much an all-in approach. If there is a $1000 deposit match and they take it, they are stuck working through the wagering requirements  with a lot of money at stake. While a low deposit might get you a smaller match, you can effectively use it to test out the operator before you commit to putting in any more money.

Try not to be tempted by parlays or jackpot machines at the start

Clearly, anyone would want to turn a small amount of money into a larger amount of money, but as with all things, there is a right way and a wrong way to do it. The odds offered by parlay or teaser bets are very attractive, but they very rarely come off and are a real money maker for the sportsbooks. Also, jackpot slots have very large payouts, but a small deposit will only go so far in these types of situations, usually with very little reward.

Manage your low deposit bank carefully

Everything tends to go better with a plan, and the same goes for betting, especially when you have a small deposit. You should plan which bets you are going to make or set yourself limits in each area of the online casino, as well as check for minimum stakes on some of the tables. You only have a small amount of money, so finding a betting strategy to make the most of what you have might also be advisable. Using the resources at TheGruelingTruth.com can give you a wealth of information to help you make informed wagers or craft your own betting strategy.

Make sure you get the best odds

You might have expected to see this higher in the list of tips, but unless you’ve taken the other tips into account, finding the best odds has no point. So once you’ve worked out your bet and the right amount to be placed on your wager, you need to make sure you get it at the best odds. While you can also do this by shopping around if you want to stick with your pick of the low deposit betting sites, you can get better odds through timing your bet correctly.

You will typically find that the odds will ‘settle’ the closer you get to the event starting, so if you have done your research correctly, you can sometimes bet early to get a much better deal on the same wager you would have made anyway. Alternatively, you can make the most of the odds during the event, where you can use the best live streaming betting sites to make informed wagers.

Conclusion – How you can use our online resources to do all of the hard work for you when looking for low deposit betting sites

After reading this low deposit betting site’s guide, you’ll have seen a number of things. Firstly, if you find the right betting sites low deposit limits will not leave you worse off than those with more money to bet with. Secondly, betting sites with low deposit offers can work for everybody, even those with a larger bank, so they should not be dismissed out of hand as not for you.

Lastly, and most importantly, finding the best low deposit betting sites doesn’t have to be a long and drawn-out chore. When you only have a small deposit, you are going to want to make doubly and even triply sure you are doing the right thing, which can be very difficult without a bit of expert guidance. By using the objective sports betting sites reviews and ratings we have here, you can compare the sites and see the objective reports into what to expect. This way, you have everything you need at your fingertips to make the best choice possible when looking for low deposit betting sites.

Quality online bonuses

Bet365
1.
Favicon
4.6/5
Bet $1 & Get $200 in Bonus Bets
Virginia
Players from Virginia accepted
Min. Deposit: $10
Go to Bet365
Get Bonus
T&Cs apply, 21+
Bet $1 and Get $200 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
2.
Favicon
4.6/5
100% up to $1000
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to BetMGM
Get Bonus
T&Cs apply, 21+
BetRivers.com
3.
Favicon
4.5/5
100% up to $500
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Copy
Get Bonus
T&Cs apply, 21+
PointsBet
4.
Favicon
4.5/5
5 x $50Bet Credits
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Copy
Get Bonus
T&Cs apply, 21+
FanDuel
5.
Favicon
4.5/5
Get up to $1,000 back in bonus bets
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel
Get Bonus
T&Cs apply, 21+

Low deposit betting sites FAQ

❓ Are low deposit betting sites legit in my state?

The recent changes in gambling legislation across the US mean that online gambling is now allowed in more states than it has ever been before. For this reason, there are a lot of new gamblers who want to get started but don’t know if they can trust the operators they find online. However, you can make an informed decision by using the online reviews and rating at TheGruelingTruth.com and the low deposit betting sites guide. 

💡 Which are the best low deposit betting sites available in my state?

As everybody has a different idea of what makes something ‘the best’, this is not an easy question to answer. It is likely to depend on many factors, including your own skill levels and experience. For that reason, the objective reviews and ratings you’ll find at TheGruelingTruth.com are all put together according to the same criteria, so you can easily compare them and secede which of the low deposit betting sites are best for you.

🙋 Where can I find the best betting sites with low deposit bonus offers?

Bonus offers are there to attract you, and this is even more important at low deposit betting sites because you want to get the best offer you can for your money. A search like this can take you a long time as there are lots of operators to check out, but by reading our online reviews or by using our free guide to low deposit betting sites you should be able to find all of the information you need and exactly what you are looking for. 

💭 Can I deposit with PayPal at low deposit betting sites?

PayPal is a popular deposit method for online shopping as well as online gambling. However, not all operators accept this way of funding accounts. To save having to check each of the low deposit betting sites individually, you can use the online reviews and ratings at TheGruelingTruth.com to do all of the hard work for you, and you can see easily which of the best low deposit betting sites also accept PayPal. 

🤔 Are the odds still good on low deposit betting sites?

As operators clearly want you to fund your account with as much as possible, you might be concerned that low deposit betting sites have different odds to the ones you see offering bigger bonuses. To find out exactly what each operator has to offer, whether they are low deposit betting sites or not, check out our online reviews to see an objective rating of each one, including an assessment of the odds they will offer you.

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