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The Grueling Truth - Where Legends Speak / The Best Betting Sites with a $5 Minimum Deposit in 2024!

The Best Betting Sites with a $5 Minimum Deposit in 2024!

Where to find Sportsbooks with Minimum Deposit of $5 in the US?

Last Updated on 01/31/2024
Fact checked by: Mike Goodpaster

Lots of people need low deposit amounts to be able to bet at online sportsbooks. Here, you can learn a lot about $5 minimum deposit sportsbook USA betting options.

You’ll discover more about these minimum deposit betting sites, how to make out most from them, and see how to spot the best among those offering this low minimum. You can also see how bonuses work and reasons to pick those that meet your needs. Just read through to get started today!

 

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Sportsbook of the month
FanDuel - Get your Bonus Bet now! Get your Bonus Bet now!

Compare the best $5 minimum deposit online sportbooks

BetMGM
Recommended
Favicon
4.7/5
  • Excellent range of sports betting markets
  • Straightforward user experience
  • Competitive odds
BetMGM Bonus
Bet $5 Get $150 Instantly in Bonus Bets
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
Bet365
Hot Offer
Favicon
4.7/5
  • Excellent range of sports betting markets available
  • World-renowned brand
  • Easy to navigate
Bet365 Bonus
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to Bet365
Visit Site
Payment Methods
Find out more on Bet365.
Withdrawal
1 – 10 Days
Apps
License
Virginia (US) Lottery Board
Award
EGR – Operator of the year (2017)
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
Show less
FanDuel
Hot Offer
Favicon
4.6/5
  • Well-known company
  • Excellent range of markets
  • Clever site design
FanDuel Bonus
Bet $5 Get $150 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
Award
Global Gaming Awards (2022)
Show less
Caesars
4.
Favicon
4.5/5
  • Exceptional range of betting markets
  • A fluid in-play betting section
  • Competitive odds
Caesars Bonus
100% up to $1000
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Copy
Visit Site
Payment Methods
E-Check
PayNearMe
Skrill
+
Apps
License
Virginia (US) Lottery Board
Show More
DraftKings
5.
Favicon
4.5/5
  • Superb range of different sporting leagues
  • Effective in-play betting feature
  • Exciting fantasy team building
DraftKings Bonus
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to DraftKings
Visit Site
Payment Methods
PayPal
VIP Preferred
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Award
EGR – Operator of the year (2023)
Show More
BetRivers.com
6.
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 More
BetFanatics
7.
Favicon
4.0/5
  • Brings something new to the market
  • Solid sports betting options
  • An established name in sporting goods
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to BetFanatics
Visit Site
Apps
License
Virginia (US) Lottery Board
Show More
Barstool
8.
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
Sportsbook of the month

4 reasons to pick a $5 minimum deposit sportsbook USA

This isn’t the lowest deposit amount you’ll find – there are $1 minimum deposit sportsbook USA options too. However, if you’ve got a few dollars ready, here are four of the reasons why you might be right for a 5 minimum deposit sportsbook.

1: Low risk betting

You might have read about people making a DraftKings minimum deposit and then scaling up to deposit much more, eventually making big wagers there. However, if the thought of that puts you off, you might well be a low risk bettor. A low online betting minimum deposit of $5 is the best way to keep your budget and your risks manageable.

2: Smaller budget to work with

If you use it wisely and stay close to the minimum permitted wager on your selected sports betting site, you might be amazed at how far five dollars can go. Even if this is all you can afford to bet with each month, it’s an amount that provides a chance for several bets like minimum bets if you use it wisely.

3: Casual betting

Maybe you’re not interested in making lots of regular wagers, hence why a $20 minimum deposit sportsbook USA may not be the best fit. If you love betting on the highlights in the sporting calendar rather than zeroing in on multiple bets throughout an event or tournament, a $5 minimum deposit sportsbook USA betting site could be a lot smarter and a better fit   for you.

4: Ideal for beginners

Everyone needs to start somewhere, don’t they? If you’ve never thought about sports betting before, and you’re reading phrases like ‘FanDuel minimum deposit’ for the first time, you need an easy way into this market. Betting sites with a minimum deposit of 5 would be a good launching point.

Helping you find $5 minimum deposit betting apps

It’s worth noting that there are now plenty of excellent betting apps that let you deposit from upwards of $5. This means that you don’t have to spend too much of your own cash to enjoy a superior sports betting service from the convenience of your smartphone or tablet. Here are just a few of the recommended $5 minimum deposit betting apps to start you off:

FanDuel – Superior sports betting app with low deposits

Everyone knows that FanDuel is one of the biggest online sportsbooks in the US. As such, it’s no major surprise that it would have one of the best betting apps in the nation. However, you might not know that this betting app lets you make your deposits with a variety of trusted payment methods from just $5. What’s best is the fact that you can download this app, register your first account and then get a welcome offer that gives you $150 in bonus credit just for making a $5 qualifying bet.

Sports Bonus
4.6/5
FanDuel
Sports Bonus
4.6/5
Bet $5 Get $150 in Bonus Bets
Welcome Bonus
|
T&Cs apply, 21+
Go to FanDuel
Get Bonus

BetRivers.com – No need to spend too much with this sportsbook app

This is one of those sportsbook apps that gives you a seriously intuitive way to enjoy betting on everything from the NFL and NBA to the NHL, MLB and beyond. The best part is that BetRivers.com also lets you make your payments with a variety of secure payment providers from as little as $5 at a time. Plus the brand is well known for the quality of its bonuses with its 100% deposit match offer being the case in point. Just note that you’ll have to deposit more than $5 to get the full bonus amount.

Sports Bonus
4.5/5
BetRivers.com
Sports Bonus
4.5/5
100% up to $500
Risk-Free Bet
|
T&Cs apply, 21+
Copy
Get Bonus

DraftKings – Low minimum deposit limits and so much more

Yet another heavyweight sports betting brand with a great app. DraftKings is the go-to sportsbook for anyone looking for a reassuringly competitive range of odds for any given sport, and it’s betting app won’t let you down either. Once again, you can make your deposits here from a minimum of $5 and then you can enjoy everything else that DraftKings has to offer. Just don’t forget to pick up the brand’s welcome offer that will give you $150 in credit for making a qualifying bet of just $5.

Sports Bonus
4.5/5
DraftKings
Sports Bonus
4.5/5
No Sweat First Bet up to $1,000
Welcome Bonus
|
T&Cs apply, 21+
Go to DraftKings
Get Bonus

How to make sure you’re getting more out of a $5 minimum deposit sportsbook USA

You may eventually decide to make a BetMGM minimum deposit or to use a different sportsbook. Whichever site you land on, TheGruelingTruth.com has many operator reviews to help you. Ideally, your chosen sportsbook should tick these three boxes.

1: Does it offer plenty of sports?

You should make sure all your top sporting events are there for starters, but a large A-to-Z of sports is ideal. This could tip you in favor of the Bet365 minimum deposit rather than making one somewhere else.

2: Is there a loyalty program?

This typically offers points whenever you make bets with real money. You’re then able to collect those points before converting them into funds to make more bets with. It’ll take a while to save up enough points to do this at a $5 minimum deposit sportsbook USA website, but it adds another layer to the overall service.

3: Can you access a large range of bet types?

Available bets are going to depend on the individual sports. For example, football might offer ‘first to score’ odds while tennis might offer odds on who will win the first set. Not all sportsbooks offer these bet types though, so check before you create an account. It could save you some wasted time.

Here’s why you should only use reputable US-based sportsbooks

Licensing, regulation, and safety – three reasons you need to keep in mind whenever you’re comparing online sportsbooks. TheGruelingTruth.com always recommends US-based and regulated sportsbooks. If you sign up to a $10 minimum deposit sportsbook USA as recommended here, for example, you know the research has been done in depth to confirm a site’s safety. Choosing an offshore sportsbook could land you in murky waters.

How to find a sports betting 5 dollar minimum deposit bonus

Having confirmed there are bookmakers that offer this low deposit minimum, can it really get better? It can, and you’ll see why when you read about the types of bonus you might pick up as well.

Just remember that you might have to deposit more than $5 to get some sportsbook welcome offers.

First deposit bonus

Depending on the site, this usually gives you a percentage bonus, which could be lower than 100% or more. Some stick to 100%, which is sometimes referred to as a match bonus as it matches the amount you’re depositing. So, if you deposit $5, you’ll also get $5 in funds from the sportsbook.

Remember that these bonus dollars will have conditions attached. They’re not the same as free money you can withdraw whenever you like. If you’re fortunate, you might find a sportsbook that offers no wagering or a low 1x wagering requirement before you’re able to cash out. The bottom line is to look for a low wagering multiplier. They always appear as 1x, 5x, and so on, to indicate one time, five times, and more.

Risk-free wager

This is different to a deposit bonus, although it is still connected to it. The idea is that you make your deposit and then look for your first bet. Once you’ve decided on the wager, add it to your bet slip and see what happens. If it wins, well done… the bookmaker will reward you with your winnings as per the odds and terms of the bet.

Normally, if you lose a bet, you simply move on. However, the risk-free wager offer means that you’ll receive a free bet to the value of the one you placed for the first time. If it’s a dollar, you’ll get a dollar free bet. If you decide to spend your whole $5 deposit on one bet and it loses, you’ll get a $5 free bet from the site.

Always read the terms and conditions for any bonuses you intend to claim

This always applies, no matter whether you’ve made a Caesars minimum deposit and claimed an offer there or you’ve gone elsewhere for an offer on a sports betting minimum deposit of $5. You’ll learn plenty here at TheGruelingTruth.com, with many operator reviews, bonus reviews, and other useful content. Yet it is always wise to read every word that appears on the bookmaker’s website regarding any bonuses, as they’re always subject to slight changes – and potentially a few bigger ones on occasion, too.

Win big with these top sportbook bonus offers

BetMGM
1.
Favicon
4.7/5
Bet $5 Get $150 Instantly in Bonus Bets
Virginia
Players from Virginia accepted
Min. Deposit: $5
Go to BetMGM
Get Bonus
T&Cs apply, 21+
Bet365
2.
Favicon
4.7/5
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to Bet365
Get Bonus
T&Cs apply, 21+
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
FanDuel
3.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel
Get Bonus
T&Cs apply, 21+
Caesars
4.
Favicon
4.5/5
100% up to $1000
Virginia
Players from Virginia accepted
Requirements (WR): 1x Deposit
Copy
Get Bonus
T&Cs apply, 21+
DraftKings
5.
Favicon
4.5/5
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $5
Go to DraftKings
Get Bonus
T&Cs apply, 21+

Conclusion – will you score a touchdown with your $5 minimum deposit sportsbook USA amount?

Fans of baseball, basketball, football, tennis, and more can now see how far their sportsbook $5 minimum deposit might go. You can too, using the above advice and tips to help you get the most out of your five dollars. You may never be a big bettor and that’s fine, but as you can see, there’s still much to appreciate when you have $5 to work with.

$5 minimum deposit sportsbook USA FAQ

🏀 What is the minimum deposit on sports betting?

It’s best to find out all you can about minimum deposit amounts for various online sportsbooks before you sign up and the good news is that you can usually deposit from a minimum of $5 at most betting platforms. When you visit TheGruelingTruth.com, you can get the latest up to date information giving you insight into the best sites to visit and sign up for if you want to keep to a smaller deposit amount.

🏁 Is there a sportsbook with a low deposit?

There are plenty of US sportsbooks around, and each one offers something a little different from the rest. It’s a good idea to examine each one closely, especially if you would like to deposit just a few dollars to get started with. TheGruelingTruth.com gives you a chance to do just that by showing that FanDuel, DraftKings and BetRivers.com all let you play with low deposits.

🏆 Where can I find low deposit bookmakers?

When you’re ready to make some online bets on your top sports, it might be difficult to know where to go to sign up for a bookmaker. Thankfully our guide is here to show you why brands like DraftKings and BetRivers.com can be counted on to let you bet on sports with low deposits.

🏈 Do sports betting sites ask for a minimum deposit?

Knowing how much you can deposit and whether there are any minimums you must keep to is one of the first things you should know about any online sportsbook you visit. TheGruelingTruth.com reveals that all sportsbooks will have a minimum deposit threshold, but the good news is that this can be just as little as $5.

🏌 How much should I deposit to bet at US bookmakers?

There are several leading US bookmakers online today, and knowing how best to use their sites is the first thing you ought to think about. We’d always recommend gambling responsibly and making low deposits of around $5 is the best way of doing this.

Top Betting Sites
Top Betting Bonuses
BetMGM
BetMGM
BetMGM Review
4.7/5
Bet365
Bet365
Bet365 Review
4.7/5
FanDuel
FanDuel
FanDuel Review
4.6/5
Caesars
Caesars
Caesars Review
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
BetRivers.com
BetRivers.com
BetRivers.com Review
4.5/5
BetFanatics
BetFanatics
BetFanatics Review
4.0/5
Barstool
Barstool Review
4.1/5
BetMGM
BetMGM Bonus
Bet $5 Get $150 Instantly in Bonus Bets
T&Cs apply
4.7/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
T&Cs apply
4.7/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
FanDuel
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets
T&Cs apply
4.6/5
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
DraftKings
DraftKings Bonus
No Sweat First Bet up to $1,000
T&Cs apply
4.5/5
BetRivers.com
BetRivers.com Bonus
100% up to $500
T&Cs apply
4.5/5
BetFanatics
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
T&Cs apply
4.0/5
Barstool Bonus
T&Cs apply
4.1/5
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