Low Deposit Betting Sites

Many players, especially those that are new to online betting, often hesitate in depositing large amounts of money on online betting sites. This is because they are still discovering the features of the site, and are trying to determine whether it is worth spending money on. Good betting sites understand this issue, which is why they offer lower minimum deposit limits to their users. While some accept a minimum deposit of £5, others are known to accept a deposit as low as £1. Although these sites provide a significantly low minimum deposit, there is no compromise when it comes to bonuses, limits, and reliability. In the following sections, we will take a look at this feature in detail, including the best sites offering low minimum deposit betting.

Difference between minimum deposits and minimum bets

It is common for users to get confused between minimum bets and minimum deposits in the world of online betting. Thus, it becomes important to establish the difference between the two. A minimum deposit is essentially the lowest amount that a user can transfer into their betting account in one go. A minimum bet, on the other hand, is the lowest amount that a user can wager on a single bet. The minimum bet can range from anything between 1p to £1, and it largely differs on the basis of the bet type, market, and selected event. As for the minimum deposit, most good betting sites offer a £5 minimum deposit.

Why you should find low or minimum deposit betting sites

You can benefit from a number of perks when you choose minimum deposit betting sites –

·      Beginner Friendly: Betting sites with low minimum deposit limits are the best choice for novice betters. It allows them to learn the basics of betting without investing a large amount of money.

·      Lesser Risk: If you prefer employing a low-stake strategy for betting, a site with a low minimum deposit can help you in mitigating the risk.

·      More Control: Low minimum deposit sites give more control to the punters, as they are able to add the exact amount to their sites that they need for placing their bets. This translates into a better betting experience for the punters.

·      Accumulators and Cover Bets: In low minimum bet sites, punters can place small bets in the form of system and accumulator bets. It gives them an opportunity to reap larger rewards at a lower price.

·      Test the waters: The added advantage of low minimum deposit sites is that experienced punters can easily explore different kinds of sites without having to spend too much.

Top 5 minimum deposit betting sites

The UK boasts of some of the best betting sites in the world which offer a variety of betting markets and other features to the users. Among the many features offered by any betting site, the most crucial aspect is the low minimum deposit limit. Here is a list of our recommendations for the best betting sites in the UK which offer low deposits –

a. Bet365

Every experienced punter has heard about this betting site, which is widely regarded as one of the biggest bookmakers in the UK and the world. What sets this site apart is the host of features offered in it. However, the biggest advantage of Bet365 is the low minimum deposit limit of £5. This allows punters to use long-shot markets like bet builders, or make small-stakes wagers like accumulator bets. The minimum bet amount is 10 cents for a bet. The site also does not charge any fee for transactions done using a debit card.

b. Coral

This is another great minimum deposit betting site that accepts deposits as low as £5. However, this facility is only available to users that make the deposit using a debit card. Coral is a great betting site for punters who wish to place small-stakes bets to receive higher returns using multiple bets. What sets it apart from other bookmakers is the unique markets it offers to its users. This site offers a minimum stake of 1p.

c. Ladbrokes

Ladbrokes is also well-known for providing differentiated markets in the UK. However, the main attraction for many punters, both experienced and new, is the £5 minimum deposit limit. The low minimum deposit makes it easier for them to use the markets at their convenience. The Ladbrokes site has a great interface that provides an excellent user experience. This is especially useful when you have to pick out accumulator bets using a small deposit. Ladbrokes also offers a minimum bet of 10p.

d. Boylesports

If you are looking for a good low deposit betting site with a range of features, you cannot go wrong with Boylesports. This high-street booker turned online betting site allows users to make a minimum deposit starting with just £5. And what’s better is that it can be done using all major payment methods. The lower minimum deposit also means that the users can try betting on the innovative statistical markets with any amount they like. The minimum stake offered in Boylesports is £0.05.

e. Paddy Power

Paddy Power has proved itself to be one of the most innovative bookmakers in the UK, which is the primary reason behind their popularity. This is another site that offers a minimum deposit limit of £5 to its users. This can be done using all the common payment methods, including Skrill, Neteller, Paysafecard, debit card, and Mastercard. Besides this, the platform also offers many fun games to its users, like Beat the Drop, that provide opportunities for winning free money. The minimum bet offered on Paddy Power is 10p.

Best payment types for small deposits

a. Debit/credit card

Debit and credit cards are one of the most popular forms of payment for users when it comes to placing bets on online betting sites. This is because credit and debit cards offer greater speed, especially when the transactions are just worth £5 or more. Since the transaction is completed in a relatively easy manner, it translates into a better experience for the user.

For debit cards, the lowest deposit betting site is Bet365.

b. e-wallets

Many customers also prefer to make transactions using e-wallets because of ease-of-use they offer. The biggest advantage of e-wallets is that users can transfer money without having to reveal their bank details to the other person. PayPal is one of the most popular e-wallets which is accepted by most low deposit betting sites. Other popular e-wallets include Apple Pay and Google Pay. Using any of these e-wallets can also help in reducing the processing times for withdrawals.

For e-wallets, the lowest deposit betting site is BoyleSports.

c. Paysafecard

Paysafecard is another favoured method of payment used by many punters, majorly because of the security features it offers. It essentially allows people to top up their accounts using a prepaid voucher. This voucher can be purchased from some specific retailers. Most premium betting sites allow people to make minimum deposits of £5 using the Paysafecard.

For Paysafecard, the lowest deposit betting site is Paddy Power.

d. Cash (instore betting)

Many high-street betting companies like William Hill, Coral, Paddy Power, Betfred, and Ladbrokes allow users to make in-store deposits of as low as £1. Users can either do this using a bank card or by paying cash over the counter. When it comes to the lowest deposit limit with cash (in-store betting), Ladbrokes provides its users with a minimum deposit of £1. The biggest advantage of using cash is that withdrawals and deposits can be done instantaneously, and there are no extra fees charged either.

Best type of bets for low deposit betting

a. Accumulators

If you want to secure higher winnings with a small stake, then an accumulator bet can be incredibly useful. With an accumulator, the odds get multiplied every time you pick a bet. This means that if you place a bet with just £1, then you can get earnings worth £100 with the odds of 100/1.

b. Full cover

If you want to go with low stakes to get bigger earnings, then full cover bets can also be a great option. Full cover bets are essentially multiple line wagers that cover all the possible combinations of bets. Some operators also allow users to make full cover bet with a minimum stake amount. This means that punters can play with as little as 1 pence for a line.

c. Jackpot bets

Some online betting sites also provide high-paying jackpots that don’t necessarily require high-stakes bets to enter. For instance, the football jackpot on Coral can be played using a minimum stake of £1. However, the user can place multiple lines in the same bet with £0.25. If the user ends up winning a claim, they can get a guaranteed payout of £100k.

d. Multiple bets

Multiple bets could also be a great option for low deposit betting, as they allow users to cover all possible combinations. A Lucky 15 bet consists of a total of 21 bets and 5 legs, which can translate into greater rewards. There is also the option of a patent, which comes with 7 bets and three selections.