It is always beneficial to only have to commit a small amount of cash up front via a deposit before you start betting. Here, we list the best US sportsbooks with a low minimum deposit.
Updated: Jun 6, 2024
When it comes to having a wager on football this weekend, not everyone wants to bet thousands of bucks. For most of us, sports betting is a way to add a bit of fun to a game, and we don’t want to bet a lot. Minimum deposit sportsbooks or betting sites with a low minimum deposit are a great option for casual bettors looking to back their favorite team.
If you are new to sports betting in the US or online gambling in general, you may not wish to spend vast amounts of money to begin with. As online gambling grows across the United States since its early success in New Jersey, more sports betting sites are available than ever before, which is great news for bettors. This means many betting sites have low deposit thresholds as they look to attract new players to sign up and ease them into the online wagering experience.
2005 ratings
Up To $1,000 Deposit Bonus
- Accepts deposits as low as $5
- Hefty welcome and referral bonuses
- Available in 22 US States
Get Bonus
Gambling problem? Call 1-800-GAMBLER. Call (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369)(NY). Call 1-800-522-4700 (NH), 888-789-7777/visit ccpg.org (CT), or visit www.1800gambler.net (WV). Offer for new customers 21+ (18+ KY/NH/WY), present in AZ, CO, CT, IL, IN, IA, KS, KY, LA (select parishes), MA, MD, ME, MI, NJ, NJ, NY, OH, PA, TN, VA, VT, WV, WY only. Void in ONT/OR/NH. Eligibility restrictions apply. See terms at sportsbook.draftkings.com/promos.
Promocode: GAMBLEUSA
1445 ratings
Up To $1,500 First Bet Offer
- Superb range of sports
- Enticing rewards program
- Extensive catalogs of betting markets
Get Bonus
Gambling problem? Call 1-800-GAMBLER (available in the US). Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ only. Please gamble responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800- 981-0023 (PR). First bet offer for new customers only. Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. See BetMGM.com for terms. US $1500 promotional offer not available in New York, Nevada, North Carolina, Ontario, or Puerto Rico.
1148 ratings
Bet $5, Get $150 In Bonus Bets
- Massive Choice of Sports
- Daily Odds Boosts
- Convenient Banking
Get Bonus
Gambling Problem? Call 1-800-GAMBLER. Hope is here. Gamblinghelplinema.org or call (800)-327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or Text HOPENY (467369) (NY). 21+ and present in AZ, CO, CT, IA, IL, IN, KS, KY, LA (permitted parishes only), MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY.
Promocode: GUSA1000
1265 ratings
$1,000 First Bet on Caesars
- Great Mobile App
- Brilliant Welcome Bonus
- Range Of Bet Types
Get Bonus
21+. New users only. Offer valid and must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WV, IL, MD, NJ, OH, PA, TN, VA, WV, WY. 1-877-8-HOPENY (467369) or Text HOPENY (467369). Call 1-800-GAMBLER.
6594 ratings
Bet $5, Get $150 In Bonus Bets
- Great Welcome Bonus
- 20+ Sports to bet on
- Been operating since 2000
Get Bonus
Gambling problem? Call 1-800-BETS-OFF (IA), 1-800-GAMBLER (AZ/CO/IN/LA/NC/NJ/OH/PA/VA) 21), (KY) 18+. New Customer Offer Bet $5 and Get $150 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.
Best Minimum Deposit Betting Sites
As we have mentioned above, there are some gambling sites with no minimum deposit required, but these are often offshore sportsbooks. Although your initial deposit amount could be as low as $1, your information isn’t protected, and you will lose out in the future. Every betting app and online sportsbook site listed on this page is licensed, meaning you are protected and can play without fear. Below is a list of the top 10 legal online sportsbooks, along with their minimum deposit amount.
| 🏆Rank | 🏈Sportsbook | 💵Minimum Deposit | Minimum Bet | 🌐Website |
|---|---|---|---|---|
| 1 | DraftKings | 💵$5 | $0.10 | sportsbook.draftkings.com |
| 2 | BetMGM | 💵$10 | $0.50 | betmgm.com |
| 3 | FanDuel | 💵$10 | $0.09 | sportsbook.fanduel.com |
| 4 | Caesars Sportsbook | 💵$10 | $0.10 | caesars.com/sportsbook-and-casino |
| 5 | bet365 | 💵$10 | Varies | bet365.com |
| 6 | Betway | 💵$10 | Varies | betway.com |
As you can see from the list above, most options are $10 minimum deposit sportsbook sites. This is the standard amount and certainly falls into the low minimum deposits category. You may come across a betting site with an even lower minimum amount. For example, the DraftKings minimum deposit amount is $5, which is excellent value as that is one of the best platforms available.
Although a sportsbook $10 minimum deposit amount is the general standard, always shop around to see if you can find one with an even lower minimum deposit requirement.
If you are just starting out looking for online betting sites, you should adopt a reasonable approach when it comes to making deposits and managing your bankroll. We would recommend not risking a lot of money at first. Instead, you should sign up at a legal US sportsbook, start with a small bankroll, and grow the amount of cash you have and your betting ability.
A good strategy to follow is to sign up at a low minimum deposit sportsbook that also allows small stakes. Searching for the lowest minimum deposit sportsbook and joining means you can begin with a tiny investment and gradually build up your bankroll. A betting site that accepts minimum bets in addition to small minimum deposit limits is a fantastic option for new players.
This article aims to help you find low-deposit sportsbooks and cheap sportsbook options that help you gradually get used to wagering while not losing significant amounts of money. In addition to discussing minimum deposits, we will also cover bankroll management and bonus hunting.
Lots of sports betting sites will offer a sports promotion for new players with a bonus code to give them instant access to free cash and encourage them to sign up. There are multiple deposit match bonuses and other promos to attract new bettors. However, one of the other ways to bring people to the site is by having a low deposit threshold.
With so many options now available, it is challenging trying to find minimum or low-deposit betting sites that are suitable. Indeed, there are even some betting sites with no minimum deposit; however, these are few and far between. Ultimately, the aim is to make money betting on sports, and that is easier when you aren’t losing lots of cash straight away. This guide will help sports bettors choose the best online sports betting site with a low minimum deposit.
Top 3 Minimum Deposit Sportsbooks
When choosing which site or app to place your wager on, you need more than just the ability to make a low deposit. These are the 3 sportsbooks with a low deposit that we recommend and why:
#1 DraftKings Sportsbook ️- $5 Minimum deposit
There is a very good chance you already know who DraftKings are. They have one of the most popular DFS platforms in the states. DraftKings made the transition to sportsbook back in 2018 and has been dominating the US betting industry ever since. The operator is available in over 15 states, with more on the horizon very soon.
DraftKings Sportsbook app and site is a legal and licensed book offering a very good variety of banking options and of course, a low deposit of just $10. It is easy to make a deposit to the book and even easier to withdraw from DraftKings.