Sports Betting Minimum Deposit
- Looking For Online Sports Betting With Low Minimum Deposit — Things to Consider. First things first—remember that “low” is a very broad, relative term. What you consider a low minimum, say $50, could be vastly different from what your buddy considers to be a low minimum (he’s thinking more like $100).
- Deposit a minimum of $10 and we’ll Double Your Deposit up to $150 in Free Bet Credits. You’re able to withdraw your funds immediately after betting through your full deposit + bonus amount just once! HOW DO I PARTICIPATE? Players will receive a 100% match up to $150 in Free Bet Credits, i.e.
- Best sportsbook deposit methods. Find a list of low minimum deposit sports betting sites; use cards, eWallet, prepaid and Bitcoin to top-up your account!
Online sports betting has never been more popular. Today in 2021 online sports betting is a billion dollar business for US citizens. The good news is that there are proven reputable, legit and trustworthy online sportsbooks you can gamble with right now no matter where you live in the USA. The following sports betting websites are absolutely the best in the business. I have been working with them for years (decades now for some sportsbooks like Bovada and Intertops) and you can be assured that you are getting competitive odds, fair bets and when you win you get paid.
Players who generate winnings from a poker freeroll and have no previous deposits will be required to make a minimum deposit and also roll that amount over at least once in the sportsbook prior to their payout being approved. Also, identity verification of customers and other documentation is necessary in many cases. Just because a small deposit can be made, withdrawal restrictions could still be in place. Some £5 minimum deposit betting sites allow for withdrawals of the same amount, however in most cases, punters must withdraw a minimum of £10. While this undoubtedly makes taking home winnings more difficult, it is something of an industry standard today.
You should avoid most online sportsbooks as a precautionary measure. If you are going to gamble online then know that these sportsbooks are the top betting sites in the industry and they have maintained a positive reputation for US bettors for many, many years.
We all have our favorites.
Do you support the home team or are you one of those people?
Honest Sports Betting Sites US Players Allowed
They say a rising tide lifts all boats. To that end, the entire online sports betting industry is seeing a massive influx of money. But the industry’s growth poses a problem. It’s difficult to know which USA-friendly sports betting sites are safe, reliable and trustworthy.
Here’s the good news: we’ve done the heavy lifting for you. This site not only provides you with an easy-to-use list of the top U.S. sports gambling sites, but it also keeps that list updated.
We have no qualms about dropping sportsbooks that fail to meet our standards.
Bovada
Bovada is hard to beat. They’re like the Amazon of the sports betting industry. They host lines and spreads in practically every sport you can imagine placing wagers on, from football and baseball to horse racing, cricket and darts. In addition, they’ll help you get started with a 50% matching bonus up to $250.
Making deposits is simple.
Bovada accepts credit cards, bitcoin, Western Union payments and person-to-person transfers. The also accept Bitcoin Cash and are a crypto friendly online sportsbook so I expect this list to increase over time.
They also pay without fail.
If you win and make a withdrawal, you’ll receive payment. Period.
How much do you have to wager per bet at Bovada?
If you bet online, the minimum bet is $1. That’s as low as it goes. Maybe you just want to have a little fun.
By the way, you may be familiar with the name “Bodog”. They managed to maintain a bulletproof reputation as an online sportsbook for USA players years ago. Bovada is run by the same folks..
Read our detailed bovada sports review for more information about our top rated sportsbook for US gamblers.
BetOnline
BetOnline is a great option. They take players from all 50 US states (Bovada has a few restrictions) and offer quality customer support, big bonuses and maintain a fantastic reputation. Especially if you’re a high-roller or bettor who knows how to squeeze maximum mileage from the bonuses. They allow some of the highest betting limits in the industry. For example, NFL straight bets (or sides) can be wagered up to $25,000.
You can opt to receive a 50% matching bonus up to $1,000. Note that the bonus is anchored by a 10X rollover requirement. That shouldn’t pose an issue if you’re an active bettor or willing to stake large sums. There are a ton of on-going Betonline promotions which you can keep up to date with here or just check the promotions page on the official website.
BetOnline offers lines and spreads on as many sports as Bovada. They also have a reputation for speedy payouts. One of the ways BetOnline stands apart from the pack is by offering a range of withdrawal options. You can receive your winnings via Bitcoin, Western Union, bank wire, book-to-book transfer or check.
Don’t be intimidated by BetOnline’s high maximum betting limits. The site is still one of the best USA sportsbooks for beginning and intermediate bettors. You can wager as little as $1.
This company has been involved in sports betting for nearly 15 years. That’s important. Sportsbooks don’t enjoy that type of longevity without being dependable and responsive to their customers. Learn more in my comprehensive is Betonline legit review.
Bookmaker
Bookmaker is one of the oldest online sportsbooks. The company launched in 1985. That’s 36 years of history in an industry known for its lack of constancy1 Although Bovada and BetOnline manage to score a bit higher on our list of the top sportsbooks for USA bettors, Bookmaker isn’t far behind.
First, they’re reliable. You never have to worry about whether you’ll receive your withdrawals.
Second, they’re flexible. You can deposit funds via credit cards, bank wires, person-to-person transfers, eWallet transfers, Western Union or physical check. If you deposit $300 or more, Bookmaker will even cover your Western Union fees.
You can make withdrawals via debit cards, bank wires, person-to-person transfers and check.
One of the areas we feel Bookmaker could be better is with its new account bonus. When you register a new account, you can receive a 15% matching bonus up to $600 plus 50% for the casino, up to $1000 for a grand total of $1600. This does come with a 5x rollover requirement for the sportsbook portion and a 40x rollover requirement for the casino portion.
Read our detailed review of Bookmaker:
When you win you will get paid.
Billions of dollars are wagered each year as bettors put action on the NFL, NBA, MLB and many other sports. The top USA sportsbooks, including Bovada, BetOnline, Bookmaker, and FortuneJack are all experiencing growth and continued loyalty from their long time bettors.
Above you’ll find a current list of the best online sportsbooks that accept USA players. We’ll highlight important details for each one and provide links to in-depth reviews that contain more information.
Making A Deposit – Visa, Mastercard, AMEX, or Crypto (Bitcoin, Litecoin, Ethereum etc)
Credit cards are the easiest way for you to deposit. When they work that is.
Today US gamblers are moving to crypto currency. Bettors like you and I need to get into the digital age of crypto’s. Bitcoin, Ethereum, Litecoin.
Cryptocurrencies are the safest, fastest and easiest way to gamble online for real money from anywhere in the world.
If you already own bitcoin or another crypto then all you need to do is register at the site and send the crypto to the betting sites deposit address they provide you.
If you do not yet own bitcoin, don’t worry it’s easy.
I’m going to quickly explain how to do this.
The steps needed to buy bitcoin
- Go to Coinbase.com, buy bitcoin (credit card or bank transfer will work).
- Go to Greenaddress.it, create a bitcoin wallet (you need this to hold the bitcoin you buy from coinbase).
- Send your bitcoin from Coinbase to Greenaddress.it – do not skip this step. (There will be a small fee to transfer to your greenaddress wallet but this is an essential step. Coinbase does not allow you to interact with an online casino, they will shut you down if you send or receive directly to an online casino or sportsbook. This is why you need to use Greenaddress.it or your own personal e-wallet to send and receive bitcoin from casinos.
- Create your account at a sportsbook of your choice, visit the deposit/cashier area and choose bitcoin for deposits.
- The sportsbook will provide you a bitcoin address to send your bitcoin to (they will provide a qr code for your phone to scan). Copy the deposit address.
- Open your greenaddress wallet which will now hold your bitcoin and send bitcoin to the sports betting site.
- Your deposit will be credited to your account.
- Bet, gamble, have fun
- When you are ready to cash out, visit the sites cashier and click withdraw and choose bitcoin as your method
- Now they will ask you for a bitcoin address to send the bitcoin to – so you open up your greenaddress wallet, create a new receiving address and provide that to the sportsbooks cashier.
- Verify the details and withdrawal amount and click the finish withdrawal button
- The sportsbook sends you the bitcoin back to your wallet
- From there you can do what you choose with it – keep it, spend it or turn it back into US dollars
- If you want to cash out to fiat currency, you will again use coinbase. This is why you don’t want to burn your account here by using the built in wallet for gambling.
- Send your greenaddress bitcoin to coinbase. Do not send directly to coinbase from a casino.
- There are other wallets if you don’t like Greenaddress. You could find a handful to choose from but I would start out with one you are comfortable is safe. If you plan to be in crypto for a while then get a hardware wallet like the Ledger or Trezor.io.
- If Coinbase won’t work, there are Bitcoin ATM’s popping up all over
5 Tips For Choosing The Best Online USA Sportsbook
Thus far, I’ve given you a short list of the top sportsbooks for players living in the U.S. There are hundreds of others. At some point, you may be tempted to try a few. Use the following tips for selecting a site that won’t leave you feeling disappointed.
Test The Site’s Customer Support
You may never need to speak with a sportsbook’s support staff. But if you do, you’ll want them to respond promptly and professionally to your questions.
Before making your first deposit, contact the site’s service reps. Do it on the phone and via email. Make sure they’re responsive before you sign up.
Review the Site’s Deposit/Withdrawal Options
Some sites accept Bitcoin. Others don’t. Some charge high fees on withdrawals. Others process payouts with minimal fees. Some accept funds transfers from other sportsbooks. Others require “new” money.
This is strictly a matter of preference. If you’re a Bitcoin user, check whether the sportsbook you’re considering accepts them.
Take The Welcome Bonus With A Grain Of Salt
Sportsbooks use new member bonuses to compel people to join. It’s a great strategy that has always worked well.
The problem is, a lot of people forget they have to earn out the bonus. That’s what the rollover requirement is for.
To be sure, if you’re a heavy or consistent bettor, meeting the rollover requirement won’t be a challenge for you. But if you’re only betting $5 a $10 a day, it’s going to take time.
Look For The Best Lines
Don’t assume the lines posted at one site are mirrored at every other site. They vary, sometimes dramatically so. That’s why a lot of experienced sports bettors go line shopping. They seek the best odds, knowing they can increase their likelihood of a win.
BookMaker is often the first book out of the gate when it comes to posting new lines and spreads. Compare them with Bovada, BetOnline and any other site you’re thinking about using.
Only Use Financially-Strong Sportsbooks
In a way, sportsbooks are like insurance companies. Some have substantial financial backing. Others are little more than fly-by-night ventures that operate on the precipice of bankruptcy.
If you’re wagering large sums, definitely stick to sports betting sites with strong financial ratings. All of the sportsbooks on our list are rated at the top of the pile in this area. You’ll never need to worry about the sites’ solvency.
If you choose to play at lesser-known sites, be aware that you’re taking a risk.
Register An Account At The Top U.S. Sportsbooks
Twenty-five years ago NFL Commissioner Paul Tagliabue remarked, “We do not want our games to be used as bait to sell gambling.” A year later, sports betting was made illegal in nearly every state in the U.S. except Nevada and a few others.
Times have changed.
NBA Commissioner Adam Silver opined in late 2014 that “Congress should adopt a federal framework that allows states to authorize betting on professional sports.” He estimated the amount wagered each year was close to $400 billion.
Silver’s claim might be overreaching, but his opinion reflects that of a growing number of sports betting fans. One thing is clear: more people than ever are registering accounts at sites like Bovada, BetOnline, and Bookmaker.
Why not join them and have a blast building your bankroll?
Making your way through the reams and reams of terms and conditions of sportsbooks and online sports betting platforms can be exhausting.
Unfortunately, it is here where you will find all the information you are looking for in most cases. Whilst many sportsbooks will break down the important points from their T&Cs in their FAQs and support centres, not all of them do.
One of the most important terms you’ll need to know as a new player at any sportsbook is what the ‘minimum deposit’ amount is. Luckily, this information is typically easy to find—bookies will often display this information quite clearly on their websites.
What is a ‘Minimum Deposit’?
A ‘minimum deposit’ is exactly what it sounds like—it is the minimum amount of money that you can deposit into your sportsbook wallet per transaction. Minimum deposit amounts can differ between payment methods. For example, PayPal minimum deposits are often higher than debit card minimum deposits because PayPal charges higher fees on payments.
It is not possible for you to make a deposit that falls under the minimum deposit amount. For example, if you wanted to deposit £5 via PayPal but the minimum deposit amount is £10 this would not be possible.
Some sportsbooks and online betting sites choose not to set any minimum deposits in a bid to pull in more customers.
Minimum Deposit Amounts Across Funding Sources
As we just mentioned, different funding sources and payment methods have different minimum deposit amounts. There are three ‘levels’ of minimum deposit amounts, the lowest, second-lowest, and highest.
Lowest Minimum Deposits — It is typically Bitcoin and other cryptocurrencies that attract the lowest (or no) minimum deposits. This is because cryptocurrency transfers do not involve an intermediary or any fees. Unfortunately, bookies do not widely accept crypto.
Second-Lowest Minimum Deposits — debit cards, and e-wallets (e.g. PayPal and Skrill) typically have the second-lowest fees. These often charge a fee of between 0% and 5% on transactions going from you to the sportsbook.
Highest Minimum Deposits — Other payment methods such as cheques, bank wires, and money transfers have the highest minimum deposits. This is because there is a greater hassle for sportsbooks to process these payment methods and it can cost them money to do so.
Minimum Deposit via Debit Card
Debit cards are the most popular funding methods for sportsbook customers. The minimum deposits via these methods are often between £5 and £20, however, there are exceptions to this as some sportsbooks have minimum deposits ranging between £0 and £50.
The rationale for these minimum deposits is the fact that fees are deducted from the deposit you make. So, although you deposit £5 into your account and receive £5, a smaller amount (e.g. £4.85 if there is a 3% transaction fee) may be received by the sportsbook.
Minimum Deposits Using Transfers and Cheques
Many sportsbooks allow you to deposit (and withdraw!) money using more ‘outdated’ payment methods such as paper cheques and wire transfers. If you decide to deposit using one of these methods, though, you may have to make a large deposit which can range from £20 into the hundreds (or even the thousands—it has been done!)
If a bookie does not impose a minimum deposit amount for a deposit via one of these methods, it’ll likely charge you a percentage fee on the amount you are depositing. This is because handling cheques and wire transfers involves a fair amount of hassle and work on behalf of the sportsbook and they may also incur some additional fees.
Minimum Deposits Do Not Mean Minimum Bets
Many people get minimum deposits confused with minimum bets. A minimum deposit amount of £5 does not mean you can only make bets £5 and above. On the contrary, most sportsbooks these days allow customers to make very small wagers that go down to penny amounts.
So, be sure not to get the two confused—seeing “£5 minimum deposit” advertised at a sportsbook does not mean that amount is the minimum betting amount, it is simply the minimum amount you can deposit into your account.