Best Low-Deposit Online Sportsbooks & Betting Sites

Compare US sportsbook sites with the lowest minimum deposit

Hero image
#1 Best sportsbook overall
betus_sportsbook
5 stars
125% up to $3,125

5

Overall Rating

23

Summary:

  • One of the biggest sports bonuses
  • 10x bonus wagering requirement
  • Parlay builder for complex bets

What we like:

  • Accepts all major cryptos
  • Online since 1994
  • Teasers and if bets
#1 Best sportsbook overall
betus_sportsbook
5 stars

Bonus:

125% up to $3,125

Summary:

  • One of the biggest sports bonuses
  • 10x bonus wagering requirement
  • Parlay builder for complex bets

Bonus:

125% up to $3,125

5

5 stars
23

What we like:

  • Accepts all major cryptos
  • Online since 1994
  • Teasers and if bets
#2 Best overall
betonline_sportsbook
4.5 stars
50% up to $1,000

4.5

Overall Rating

35

Summary:

  • More than 20 sports to bet on
  • Excellent odds for US bettors
  • Deposit with 16+ cryptocurrencies

What we like:

  • Bitcoin boost and risk-free prop
  • Responsive mobile betting app
  • 22+ years on the market
#2 Best overall
betonline_sportsbook
4.5 stars

Bonus:

50% up to $1,000
#2 Best overall

Summary:

  • More than 20 sports to bet on
  • Excellent odds for US bettors
  • Deposit with 16+ cryptocurrencies

Bonus:

50% up to $1,000

4.5

4.5 stars
35

What we like:

  • Bitcoin boost and risk-free prop
  • Responsive mobile betting app
  • 22+ years on the market
#3 Best mobile app
bovada_sportsbook
4 stars
50% up to $250

4

Overall Rating

29

Summary:

  • Live sports streams in HD
  • Great in-game betting features
  • Multiple cryptos supported

What we like:

  • Excellent native mobile app
  • 5x bonus playthrough
  • Online since 2011
#3 Best mobile app
bovada_sportsbook
4 stars

Bonus:

50% up to $250
#3 Best mobile app

Summary:

  • Live sports streams in HD
  • Great in-game betting features
  • Multiple cryptos supported

Bonus:

50% up to $250

4

4 stars
29

What we like:

  • Excellent native mobile app
  • 5x bonus playthrough
  • Online since 2011

Key Things You Need to Know

Sportsbooks with low minimum deposits are a great option for those who want to try out a new betting site without committing a large sum of money. Here are some important things to keep in mind when using low minimum deposit sportsbooks:

  • Small bets and welcome bonuses: A low minimum deposit allows you to place small bets and still qualify for welcome bonuses. This can help you get a better understanding of the sportsbook and determine if it’s the right fit for you.
  • Ideal for beginners: If you’re new to sports betting, using a low minimum deposit sportsbook can help you get comfortable with the site’s user interface and learn basic rules before making larger deposits.
  • Budget-friendly: If you’re on a tight budget, you don’t want a high-limit bookmaker. On the other hand, low minimum deposit betting sites allow you to enjoy the thrill of sports betting while controlling your spending.
  • Betting on underdogs: Low minimum deposit betting sites can be useful if you want to place a small bet on an underdog with the potential to win big.
  • Cryptocurrency funding: Some offshore sports betting sites allow for the lowest minimum deposits when using cryptocurrency to fund your account.

Remember, low minimum deposit sportsbooks are an excellent option for trying out a new betting site or learning the ropes of sports betting. As you gain more experience and confidence, you can always increase your bets and deposits.

The Best Low Minimum Deposit Betting Sites List

The following sites are the best real-money sportsbooks for those looking for the best low minimum deposit sports betting platforms:

  1. BetUS – Best low-minimum deposit sportsbook overall
  2. BetOnline – Best for recurring sports promotions
  3. Bovada – Best native betting app

Before registering for any of these sites, check the gambling laws in your jurisdiction to ensure that it’s legal to bet online from your state.

Best Low Minimum Deposit Sportsbooks Reviewed

1. BetUS – Best Low Minimum Deposit Sportsbook Overall

BetUS, a no minimum deposit sportsbook, has been operational since 1994 and is owned and operated by Firepower Trading Limited. BetUS has its license with the Curacao Internet Gaming Association, which also oversees and regulates the operations of the sportsbook.

BetUS Homepage

Payment Methods and Deposit Limits

BetUS minimum deposit sportsbook offers a variety of deposit options, including credit and debit cards such as Mastercard, American Express, and Visa, as well as bank wire transfers. However, as one of the best cryptocurrency sportsbooks, options such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are the most popular deposit method.

When using traditional payment options, the minimum deposit limit is $50, whereas when depositing with cryptocurrencies, the minimum deposit is only $10, making it an attractive option for those who want to start with a small amount.

It’s important to note that deposit methods may vary depending on your location and some payment methods may not be available in certain countries.

Welcome Promotions

BetUS offers two attractive welcome bonuses to its new members. The first welcome bonus is the 100% sports welcome bonus of up to $2,500, which you can claim within 48 hours of funding your account with a minimum deposit of $100. The bonus comes with a 10x rollover requirement that must be met within 14 days.

The second welcome bonus is the crypto welcome bonus, which gives you a 150% sports welcome bonus of up to $3750 when you fund your account for the first time using any of the available cryptocurrency payment options. To qualify for this bonus, you need to make a minimum deposit of $100 and meet the 15x wagering requirement within a 14-day time frame.

Sports

BetUS offers a wide selection of popular sports–it’s one of the best sportsbooks for baseball, hockey, golf, football, and baseball. You’ll find all the major leagues available for wagering, including the NBA, MLB, NHL, MMA, and NFL, as well as college football and basketball leagues and the WNBA.

In addition to American sports, BetUS also offers international sports betting options, such as the UEFA Europa League, English Premier League, and more.

Markets

BetUS provides a wide range of wagering options on all major sports, including football, ice hockey, basketball, horse racing, baseball, and esports. There are many different types of bets available, including moneylines, totals, parlays, action reversal, point spreads, straight wagers, round-robin, prop bets, parlays, and futures.

In addition, you may also bet on horse racing online using win, place, and show bets, as well as more exotic wagers like exactas and trifectas.

Recurring Promotions

Another incentive available at BetUS is the 100% crypto sports incentive, which provides a 100% match on any deposit up to $2,500 when funded with cryptocurrency. You must bet the bonus amount 10x before making a withdrawal.

Additionally, this recurring bonus must be requested within 48 hours of account funding, and you must review the free play and bonus rules to determine which sports contribute to the bonus rollover.

The minimum deposit for this offer is $100, and the maximum deposit is $2,500.

2. Bovada

The Mohawk Morris Gaming Group owns Bovada Sportsbook, which debuted in 2011. The Kahnawake Gaming Commission is responsible for licensing and regulating the sportsbook.

Bovada homepage

Payment methods and deposit limits

Bovada offers several convenient deposit options, including major credit cards like American Express, Mastercard, and Visa. Additionally, Bovada accepts a wide range of cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Tether.

Withdrawals can be made through bank wire transfer, ACH, or by requesting a check via courier. Cryptocurrencies are also a popular choice for withdrawals, as they are fast, secure, and have no associated fees.

The minimum deposit for USD Tether is $5, while the minimum deposit for cryptocurrency is $10, with a maximum deposit limit of $5,000. Withdrawing using cryptocurrencies allows you to cash out up to $9,500 every 15 minutes, and the maximum weekly withdrawal amount is $180,500.

Welcome promotions

Bovada offers a 50% sports welcome bonus, allowing you to potentially double your deposit up to $250. However, before requesting a cashout of your winnings, you must meet the 5x wagering requirement. The expiration date for the sports welcome offer can be found in the terms and conditions.

To be eligible for the bonus, you must deposit a minimum of $20 and a maximum of $1,500.

Sports

Bovada offers a wide variety of sports to bet on. It is a top sportsbook for hockey, basketball, football, baseball, and boxing, as well as offering sports bets for soccer, tennis, golf, and MMA. They also have an extensive selection of esports betting options throughout the year, including popular games like Counter-Strike: Global Offensive, Valorant, League of Legends, and Call of Duty.

In addition to individual sports, Bovada covers all the major leagues, including the NBA, NFL, NHL, and MLB, as well as international leagues like the English Premier League and La Liga.

Markets

Bovada provides a wide range of online gambling sports betting options on the most popular US leagues and sports, including the NHL, MLB, MLS, NBA, and NFL. While spreads, totals, moneylines, and prop bets are the most popular, Bovada also offers attractive odds on futures and game lines.

Bovada also happens to be one of the best cash out sportsbooks. This unique feature allows you to cashout your bets early if it looks like it’s going to lose, helping you to make the most of your money.

Recurring promotions

Bovada offers a special welcome bonus for those who prefer to use Bitcoin. As a new member, you can receive a 75% match bonus of up to $750 on your initial Bitcoin deposit. This bonus has a 5x wagering requirement that must be met before you can withdraw your winnings.

To be eligible for the Bitcoin sports bonus offer, you must make a minimum deposit of $10 and a maximum deposit of $5,000 using Bitcoin.

In addition to the sports welcome bonus, Bovada has a “refer-a-friend” bonus. You can receive a 200% match bonus of up to $200 for each friend you refer to the site. Moreover, if your referrals make their first deposit using a Bovada-accepted cryptocurrency, you will receive an additional $75.

3. MyBookie

MyBookie is an online gambling sportsbook owned by Duranbah Ltd. N.V. and licensed by the Curacao Internet Gaming Association (CIGA).

MyBookie homepage

Payment Methods and Deposit Limits

MyBookie offers a variety of payment options, including traditional methods such as DiscoverCard, AmericanExpress, MasterCard, Visa, and Moneygram, as well as cryptocurrency payment options such as Bitcoin, Bitcoin Cash, Ripple, Litecoin, Zcash, and Dash.

Credit and debit card deposits have a minimum of $45 and a maximum of $2,500. You can check the daily, weekly, and monthly deposit limits on the cashier page.

For cryptocurrency deposits, you can deposit up to $10,000 per transaction and may qualify for larger bonuses.

Welcome Promotions

MyBookie offers a 50% sports welcome bonus on your first deposit of up to $1,000 in free bet credits. To withdraw your winnings, you must meet the 10x rollover requirement. This promotion is only valid for a limited time.

In addition to the sports welcome bonus, MyBookie has a 10% match bonus on your first cash deposit of up to $200. If you prefer a smaller bonus with lower wagering requirements and a shorter commitment, this offer is a great option. The 10% match bonus has a 1x rollover requirement.

Sports

MyBookie’s sportsbook offers a wide range of sports and events to bet on, including football, hockey, golf, basketball, MMA, and baseball. It is also one of the best tennis sportsbooks, and they provide popular esports titles such as League of Legends, Dota 2, Counter-Strike, and StarCraft II.

In addition, MyBookie allows you to bet on various leagues such as the NBA, NHL, MLB, NFL, NCAAF, NCAAB, UFC, and more.

Markets

MyBookie minimum deposit sportsbook provides a wide range of sports betting options for popular sports, including straight bets, moneylines, teasers, round robins, futures, specials, and more.

Moreover, MyBookie stands out in the industry by offering unique prop bets and live in-play betting options. These features allow you to place bets on various game results, such as the total points scored in a quarter or the next team to score.

Recurring Promotions

MyBookie’s 25% sports reload bonus is available to returning or current clients, where MyBookie will match up to $1,000 in free play on your reload deposit. To withdraw your winnings, you must meet the 6x wagering requirement for the reload bonus.

Horse racing enthusiasts may benefit from MyBookie’s 8% horse refund. Returning clients receive an 8% refund on their horse racing action automatically upon deposit, with no rollover restrictions for this incentive.

Additionally, you can earn a $200 referral bonus by referring a friend to MyBookie. You will receive a 200% bonus of up to $200 per friend when they make their first deposit. Make sure to read the terms and conditions carefully to maximize your referral benefit.

How We Selected the Best Low Minimum Deposit Betting Sites?

License and Regulation

When it comes to recommending offshore sports betting platforms, one of our top criteria is their license and regulation. We only recommend the safest online sportsbooks that are fully licensed and regulated in their relevant jurisdictions, which offers legal protection and financial security for our customers. This demonstrates the legitimacy of the sports betting sites and ensures that they treat their customers fairly.

Deposit Methods

Banking options are an essential consideration for any online bettor. Our recommended offshore sports betting sites offer a range of banking options, including traditional payment methods like credit and debit cards, bank wire transfers, MoneyGram, and cashier’s checks.

Additionally, they offer several cryptocurrency payment methods, such as Bitcoin, Ethereum, Litecoin, Ripple, Solana, Tether, and more. These payment methods offer fast and secure transactions with low or no transaction fees. They also provide users with anonymity, ensuring that personal and financial information remains confidential.

Customer Service

Another important criterion we use when reviewing offshore sports betting sites is customer service, as good customer service is important for trust and transparency, reputation, customer acquisition, and retention. Our top recommended offshore sports betting sites meet all of the above-mentioned criteria and, therefore, are highly recommended to US bettors.

Betting Markets

Betting markets, also known as betting lines, are a critical component of the online gambling experience. They provide variety, show a sportsbook’s expertise, and almost always feature competitive odds. Our top recommended low minimum deposit sports betting sites offer a wide range of betting lines on all major sports and events, including moneyline bets, totals, point spreads, props, futures, and more. This extensive selection of betting markets allows bettors to find the perfect bet for their style and preference.

Odds

Competitive odds are an essential aspect of online sports betting. They determine the profitability, value, and transparency of a sportsbook while demonstrating their expertise. Our recommended platforms are some of the best reduced juice sportsbooks, ensuring that bettors get value for their money and increase their profitability over time. We closely monitor the odds offered by these sportsbooks to ensure that they are fairly and competitively priced, thereby demonstrating the expertise and knowledge of our recommended sports betting sites.

What Does Minimum Deposit Mean?

A minimum deposit is the lowest amount of money that you can deposit into your online gambling account in order to start placing bets. The minimum deposit requirements vary across different minimum deposit sportsbooks, ranging from just a few dollars to several hundred dollars.

A low minimum deposit can be beneficial for players who are new to online sports betting or those who want to try out a new sportsbook without committing too much money. It allows you to get a feel for the platform and place a few bets before deciding whether to deposit more funds.

Minimum deposits are also important for accessing bonuses and promotions. The best sports betting apps offer free bets and bonus offers when you deposit a certain amount, so meeting the minimum deposit requirement is essential to take advantage of these offers.

Lastly, minimum deposits at sports betting sites can help you manage your bankroll effectively. You only need to deposit the minimum amount required to start placing bets, which reduces your risk and helps you avoid overextending yourself financially.

What Is No Minimum Deposit?

No minimum deposit simply means that an online sports betting platform does not require you to deposit any funds in order to start placing wagers. Ultimately, this means that you can simply create an account and try out the platform by wagering without having to risk any money.

Advantages & Disadvantages of a Low Minimum Deposit Sports Betting Platform

Advantages:

  • Low minimum deposit sportsbooks offer reduced risk as you can start wagering with a small amount of money, which eliminates the risk of losing a significant portion of your deposit.
  • Low minimum deposit sports betting sites give you access to various bonuses and promotions when you deposit the required amount. Bonuses and promotions offer potential increases in winnings.
  • A low minimum deposit betting site helps you manage your bankroll by allowing you to wager with a smaller amount of money, making it easier to track your spending.
  • Some low minimum deposit sportsbooks offer access to live betting services that you can take advantage of when you deposit the minimum amount required.

Disadvantages:

  • Some low minimum deposit sportsbooks have limited payment methods, which in turn, makes it difficult to fund your account or request a payout of your winnings.
  • By offering low minimum deposits, some sportsbooks can also limit the amount that you can win.

What Are the Best Sports To Bet on With a Low Minimum Deposit?

When betting with a low minimum deposit, there are several options available to help you gradually build up your stake or potentially turn small stakes into big profits.

Football and Basketball

Two sports that are popular for low minimum deposit betting are basketball and football. Both of these sports usually have lower odds compared to other sports like golf or horse racing, so you can build up your stake gradually with consistent and smaller bets.

For instance, you can consider placing a series of small bets on the outcome of different basketball or football games or even on individual player performances to build up your stake over time. For help choosing betting sites with top football odds and player proposition bets, check our best football sportsbooks and best basketball sportsbooks.

Golf and Horse Racing

On the other hand, if you’re looking to turn a small stake into a big return quickly, you should consider high-odds sports like golf and horse racing. While these sports can be riskier since the odds are higher and the outcomes are less predictable, they do offer the possibility of much larger payouts.

For example, the best golf sportsbooks let place a small bet on an underdog golfer to win a major tournament. If they pull off an upset, then you could potentially win a significant payout. However, it’s important to remember that the higher the odds, the higher the risk, so always bet responsibly and never bet more than you can afford to lose.

Best Payment Methods for Low Deposit Sportsbooks

While some low minimum deposit sportsbooks may limit the payment methods offered to players, our top recommended offshore sports betting platforms provide various payment methods, each with its own set of advantages and disadvantages. Let’s look at the available payment methods at our recommended low minimum deposit sportsbooks.

Debit and Credit Cards

Our top five sports betting sites with low minimum deposits accept Visa, Mastercard, and American Express. Additionally, BetOnline allows deposits made with a Discover Card. However, the fees charged by each site will vary from 6% to 15.9%.

Bank Wire Transfers 

Our best betting sites with low minimum deposits offer wire transfer payments. Bovada exclusively allows wire transfers for withdrawals, whereas BetUS permits wire transfers for deposits. On the other side, BetOnline accepts both, although the minimum deposit is $1,000.

eWallets

For their US-based customers, offshore sites often do not provide e-wallet transactions. Through MatchPay, a company that connects to popular e-wallets like PayPal, Bovada accepts these transactions. The minimum and maximum deposits for MatchPay are $20 and $1,000, respectively.

Bitcoin

Bitcoin is a well-liked cryptocurrency payment method at reputable sportsbooks with modest minimum deposits. Compared to many other available payment options, like bank transfers and e-checks, it is a lot faster. Deposit limits for Bitcoin at particular online sportsbooks like BetOnline range from $20 to $500,000.

Additional cryptocurrencies

Betting sites with low minimum deposits are increasingly accepting cryptocurrencies such as Dash, Litecoin, Tether, and Ethereum. The minimum deposit for most cryptocurrencies is $20, although at Bovada, you can deposit as little as $5 when using Tether.

These sites offer fast payouts, with settlements typically completed in just a few hours. Furthermore, cryptocurrencies provide transaction anonymity and have no transaction fees, making them a cost-effective and private deposit method.

Best Bonuses Available at Low Minimum Deposit Betting Sites

The following bonuses are the most common and available types of bonuses at our recommended low minimum deposit sports betting sites.

Risk-Free Bets

One promotional offer that is commonly available on betting sites with low minimum deposits is the risk-free bet. With a risk-free bet, you can place a wager without taking any financial risks. If your bet is unsuccessful, you will receive a return in the form of a free bet or bonus funds up to a certain amount.

For instance, BetOnline offers a $25 risk-free player prop bonus. If your initial bet on a basketball game loses, you will receive a $25 return in your betting account. This promotion can be a great way to try out new betting strategies or explore different sports without risking your own money.

Deposit Match Bonus

The 100% sports welcome bonus of up to $2,500 offered by BetUS is an example of a deposit match bonus. This type of bonus will match your initial investment, up to a specific amount, with bonus funds. For instance, if you deposit $500, a betting site offering a 100% deposit match up to $500 will give you an additional $500 in bonus funds, making your total wagering amount $1,000.

If you take advantage of BetUS’s 100% sports welcome bonus and deposit $1,000, they will match your deposit with an extra $1,000, giving you a total of $2,000 to use for wagering on their platform.

No Deposit Bonus

A $10 free bet for new customers without requiring any initial deposit is an example of a no deposit bonus provided by a betting site. This means that the user can place a $10 bet without using their own funds. However, it’s important to note that these bonuses often come with certain terms and conditions, such as minimum odds requirements or mandatory wagering, before any winnings can be withdrawn. Therefore, it’s important to carefully read and understand the terms and conditions of any no deposit bonus offer before accepting it.

Referral Bonus 

Referral bonuses are offered by sportsbooks to reward customers who refer friends or family to sign up with the site. When your referral meets specific requirements, such as funding their account or placing a wager, you may receive a bonus, such as a free bet or bonus cash, in addition to your referral.

An excellent example of a referral bonus is the one offered by Bovada, which provides a 200% referral match bonus of up to $200 and an additional $75 deposit bonus when your referrals make their first deposits. This means that if your referral deposits $100, you will receive a $200 bonus, and if they deposit $200, you will receive the maximum referral bonus of $200, along with an extra $75 deposit bonus. It’s important to note that referral bonuses may have certain terms and conditions that must be met before receiving the bonus, so be sure to read and understand the terms and conditions before referring someone.

Odds Boosts

An odds boost offer is a promotion that enhances the potential payout for specific wagers. For example, a betting site may increase the odds of a particular team winning a match, resulting in a higher payout if that side is victorious.

If you’re looking to increase the value of your sports wagers, BetOnline offers daily odds boost promotions that can help. These promotions may enhance the odds for specific teams or players, increasing the potential payout for those who place a wager on them.

FAQs

Which sportsbooks give away free money?

Free money refers to a cash balance in your sportsbook account that can be used to place wagers or withdrawn as cash into your personal bank account, among other options. While it’s rare to receive truly free money at a betting site, risk-free bets offer the closest thing. With a risk-free bet, even if your wager loses, the sportsbook will refund your wager amount, effectively giving you a free bet.

These types of promos are offered by BetOnline sportsbook from time to time. 

Which sportsbooks have no minimum deposit?

BetOnline Sportsbook is our preferred minimum deposit sportsbook. These promotions usually come in the form of a free bet or free bonus money, allowing you to try out the site’s wagering options without risking any of your own money.

With a no minimum deposit promotion, you can take advantage of the offer without having to deposit a specific amount of money. This can be a great way to test out a new sportsbook and familiarize yourself with its betting options without committing any of your own funds.

How can I get free bets without a deposit?

In most cases, free bets are rewarded when you deposit the minimum amount required by a sportsbook. Alternatively, the only other way to get this promotion is to use a promo code, if applicable, to claim the free bet. These types of bets usually come with specific types of odds that must be met, and you must use up existing free plays before claiming any new ones.

What is the minimum deposit at BetOnline Sportsbook?

The minimum deposit at BetOnline Sportsbook depends on the payment method used to fund your account. When it comes to traditional payment methods, such as credit cards, the minimum deposit varies between $20 to $500. Alternatively, when using cryptocurrency payment options, you need to make a minimum deposit of $20. 

What is the minimum deposit at BetUS Sportsbook?

The minimum deposit at BetUS Sportsbook using any cryptocurrency payment is $10. When depositing using any traditional payment method, such as credit cards, you must fund your account with at least $50.

What is the minimum deposit at Bovada Sportsbook?

The minimum deposit at Bovada Sportsbook is $20 when using any traditional payment method. Alternatively, when using Bitcoin and Bitcoin alternatives, such as Bitcoin Cash, the minimum deposit is $10. Payments made using Tether only require a minimum deposit of $5.

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