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The Grueling Truth - Where Legends Speak / The Best Betting Sites with a $5 Minimum Deposit 2023!

The Best Betting Sites with a $5 Minimum Deposit 2023!

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

Last Updated on 03/17/2023
Fact checked by: Mike Goodpaster

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

You’ll discover why 5 minimum deposit betting is great to find online, and see how to spot the best site among those offering this low minimum. You can also see how bonuses work, even when you’ve only got five dollars to start betting with.

 

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Sportsbook of the month
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Compare the best $5 minimum deposit online sportbooks

SI Sportsbook
Exclusive
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4.9/5
SI Sportsbook Highlights
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SI Sportsbook Bonus
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Virginia
Players from Virginia accepted
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Payment Methods
PayNearMe
Bank Transfer
Play+
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Withdrawal
1 – 3 Days
Accepts Customers from
CO
MI
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Virginia (US) Lottery Board
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly – Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
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4.8/5
Bet365 Highlights
  • Excellent range of sports betting markets available
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Virginia
Players from Virginia accepted
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Find out more on Bet365.
Withdrawal
0 – 10 Days
Accepts Customers from
CO
IL
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Apps
License
Virginia (US) Lottery Board
Bet $1 and Get $365 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+
PointsBet
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4.7/5
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PayNearMe
Visa
Mastercard
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Accepts Customers from
AZ
CO
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Virginia (US) Lottery Board
BetRivers.com
4.
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4.6/5
BetRivers.com Highlights
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BetRivers.com Bonus
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Virginia
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PayNearMe
Bank Transfer
VIP Preferred
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Withdrawal
0 Days
Accepts Customers from
AZ
CO
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License
Virginia (US) Lottery Board
DraftKings
5.
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4.6/5
DraftKings Highlights
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PayPal
VIP Preferred
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Withdrawal
1 – 5 Days
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AK
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Virginia (US) Lottery Board
WynnBET
6.
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4.6/5
WynnBET Highlights
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WynnBET Bonus
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Visa
Mastercard
PayPal
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Withdrawal
3 – 5 Days
Accepts Customers from
AZ
CO
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Apps
License
Virginia (US) Lottery Board
BetMGM
7.
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4.5/5
BetMGM Highlights
  • Excellent range of sports betting markets
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BetMGM Bonus
100% up to $1000
Virginia
Players from Virginia accepted
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Payment Methods
PayNearMe
PayPal
Bank Transfer
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Withdrawal
1 – 3 Days
Accepts Customers from
AZ
CO
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Apps
License
Virginia (US) Lottery Board
Unibet
8.
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4.5/5
Unibet Highlights
  • 22 different sports to bet on
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Unibet Bonus
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Virginia
Players from Virginia accepted
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Credit Card
PayNearMe
Skrill
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Withdrawal
1 – 7 Days
Accepts Customers from
AZ
IN
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Apps
License
Virginia (US) Lottery Board
FanDuel
9.
Favicon
4.5/5
FanDuel Highlights
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FanDuel Bonus
No Sweat First Bet up to $1,000
Virginia
Players from Virginia accepted
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Payment Methods
Prepaid Card
PayNearMe
PayPal
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Withdrawal
1 – 10 Days
Accepts Customers from
AL
AK
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Apps
License
Virginia (US) Lottery Board
Barstool
10.
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Barstool Highlights
  • First-time bettors can look forward to 100% up to $1,000 risk-free bets.
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Barstool Bonus
up to $10 No Deposit
Virginia
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Credit Card
PayNearMe
PayPal
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AZ
CO
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Apps
License
Virginia (US) Lottery Board
Betfred
11.
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Betfred Highlights
  • Up to $1,111 bonus, depending on your state
  • Minimum free bet qualify is as low as $50
  • Over 30 sports containing many betting markets
Betfred Bonus
Virginia
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Payment Methods
Credit Card
Skrill
Astropay
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CO
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Apps
License
Virginia (US) Lottery Board
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.

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.

First deposit bonus

This usually gives you a percentage bonus, which could be lower than 100% or more, depending on the site. 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 get $5 in funds from the sportsbook as well.

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 lots of operator reviews, bonus reviews, and other useful content to pore over. 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.

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.

Win big with these top sportbook bonus offers

SI Sportsbook
1.
Favicon
4.9/5
SI Sportsbook Bonus
BET $20 GET $200 IN FREE BETS
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Players from Virginia accepted
Bonus Code
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SI Sportsbook Bonus Code
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T&Cs apply, 21+
Bonus Details
Type:
Free Bet
Cashable:
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Requirements (WR):
1x Deposit
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly – Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
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4.8/5
Bet365 Bonus
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Virginia
Players from Virginia accepted
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Bet365 Bonus Code
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Type:
Free Bet
Cashable:
no
Requirements (WR):
Bet $1 and Get $365 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+
PointsBet
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Type:
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Cashable:
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Requirements (WR):
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BetRivers.com
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DraftKings
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DraftKings Bonus
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Type:
Deposit Bonus
Cashable:
yes
Requirements (WR):
25x Bonus

$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. 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.

🏆 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. With lots to choose from, there are several aspects to consider before creating an account anywhere – including assessing the minimum deposit amount each one can offer.

🏈 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 provides plenty of operator reviews that delve into vital topics just like this, along with many more.

🏌 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. Looking at betting odds, minimum bet amounts, and thinking about a betting strategy can all feed into how much you might want to deposit.

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