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£5 deposit betting sites

There are several betting sites available in the UK. Many of them offer free bets and deposit bonuses for new customers. However, if you would like to place smaller bets, there aren’t many betting sites offering low minimum deposits. In this article, we will take a look what are the £5 deposit betting sites in the UK. Betting sites with 5 minimum deposit.

Before moving forward and showing you the options, a friendly reminder that you might wanna consider whether you really want to claim a deposit bonus for betting. Since you’re only depositing 5 pounds, you’re not going to be able to benefit from the full bonus. And most likely cannot complete the wagering either, with a small bankroll.

Best betting sites for 5 pound deposit

The minimum deposit limit is 5 pounds or lower on the betting sites listed, but only for UK customers. While many of the betting sites listed here offer services to other than UK customer too, terms and conditions may vary depending on your location.

Sometimes minimum deposit limit only applies to a certain payment method. Explained more in detail below what methods are eligible for 5 pound minimum deposit betting.

First bet and other free bets promotions aren’t necessarily valid on 5 pound deposit.

5 pound minimum deposit at Betfair

Betfair betting site

Betfair is a well-known sportsbook mainly because it has a unique sports exchange (players bet against other players). And Betfair in the UK is offering an option for 5 minimum deposit betting. Worth mentioning though, that 5 pound deposit wouldn’t be considered a qualifying deposit to claim the bonus that Betfair offers to new players. And that the minimum deposit cannot be done on all available payment methods so payment restrictions apply.

Deposit methods at Betfair for 5 pound deposit

For 5 pound deposit the following methods are available:

  • Debit cards (Visa and MasterCard)
  • Paysafecard

Read more about this top £5 deposit sportsbetting site within our Betfair sports review.

5 pound minimum deposit at PaddyPower

Paddy Power betting site

PaddyPower is a sportsbook in the Betfair family. Meaning the betting site is also operated by Betfair. Unlike Betfair, PaddyPower is a more traditional sportsbook and doesn’t offer the same betting exchange that Betfair does. So while they are operated by the same company, they are slightly different products.

Deposit methods at PaddyPower for 5 pound deposit

You can deposit 5 pounds to Paddy Power with:

  • Debit cards (Visa and MasterCard)
  • Apple Pay

For more about this 5 deposit betting site, visit our Paddy Power sports review for a complete overview.

5 pound minimum deposit at Bet365

Bet365 betting site

Bet365 is one of the biggest online betting sites in the UK. And it’s founder, Denise Coates (still current CEO), is a billionaire and one of Britain’s wealthiest women.

Deposit methods at Bet365 for 5 pound deposit

Bet365 has the following payment methods available for 5 pound deposit:

  • Debit cards (Visa and Mastercard)
  • Skrill
  • Neteller
  • Skrill 1-tap
  • Bank transfer
  • Paysafecard

5 pound deposit betting: Tips for minimum stake betting

When you deposit only 5 pounds its pretty obvious that you won’t be having a massive bankroll. Hence, as we mentioned earlier, we don’t really recommend you claiming any bonuses since the chances of you managing to wager them are rather small. Just play with the 5 pound bankroll and don’t accept bonuses. Save them for later, when you decide to make a larger deposit.

Bankroll management – Impossible with 5 pound deposit betting?

When it comes to betting, the general rule is that the bets placed shouldn’t be more than 1-2% of your bankroll. With 5 pound bankroll this would mean placing bets worth 5 cents. Among that isn’t a qualifying bet on any betting sites. Minimum bet amount is larger.

Minimum deposit betting sites (General minimum on all methods)

Many online bookmakers have slightly different rules when it comes to minimum deposit. Low deposit betting sites generally offer the low deposit option for certain payment method/payment methods only. But what is the general minimum that you don’t really need to think what payment method to use?

20 pounds is the magic number that activates all the available payment methods for you. This is considered to be the general minimum on all sports betting sites. No matter what deposit method you use. Then you have all the payment methods available.

Already depositing 10 pounds instead of 5 pounds offers more methods. Paypal is the most popular payment method in the UK and if you choose to deposit 10 pounds instead of 5 pounds, you can use PayPal on most online bookmakers. For example, at Betfair and Paddy Power, the minimum deposit for PayPal is 25 pounds.

Free bets and other offers might require larger deposits than 5 pounds

As many punters in Britain are aware, it’s common that sports betting site offers some form of promotion to new UK customers or any new customers. Generally, only deposits larger than 5 pounds are considered to be qualified to claim any bet credits (essentially bonus money), free bets, or another form of sportsbook bonus.

Risk free Bet at Paddy Power (Requires larger deposit than 5 pounds)

For example, PaddyPower currently runs a risk free bet promotion. While you can deposit 5 pounds to PaddyPower, you cannot claim this promotion if you deposit anything less than 10 pounds. How this promotion works is that you need to deposit a minimum deposit of 10 pounds and place a bet with the whole 10 pounds. If you lose, PaddyPower will return the money back to your account. Deposits made with eWallets are excluded from the promotion and the promotion is only on the first bet.

5 minimum deposit betting bonus at Bet365 (5 pounds qualify for bonus)

If you are planning on making a 5 pound deposit and would wish to claim some sort of betting site bonus, Bet365 offers a free bet bonus for 5 pound deposits. You will receive free bet credits up to 10 times of the deposit amount. 50 free bet credits, if you deposit 5 pounds. But like always, there are some terms that come with the promotion and it isn’t necessarily for all.

You have to place bets to the value of your deposit. And the bets need to be placed in minimum odds of 1.2 (1/5) or greater in order to be considered as qualifying bets. Free bets expire unless the free bets credited aren’t completed within 30 days.

Free bet and other bonuses betting sites offer

Free bet offers might be sometimes available after registration as well, but compared to casino bonus, sports betting site offers less bonus money. This makes sense since there is more skill involved in sports betting than slots.

Both casino bonuses and betting bonuses have generally individual terms between operators what is considered a qualifying bet and what are the min odds. Of course terms on online casinos are slightly different. Whether free spins or free bets, always remember to read the small print before starting to place any bets.

Pound deposit betting sites: What is legal betting site in the UK

All pound deposit betting sites aren’t fully legal in the UK. There are several online betting sites that accept players from the UK and might even offer a pound option as the account currency. But the local currency and language support don’t make a betting site automatically compliant in the UK.

Betting sites in the UK must have a valid license from the UK Gambling Commission to be able to offer games of chance to UK customers. While we are aware that there are several offshore betting sites that allow UK customers to join and perhaps even offer 5 pound deposit betting, we have chosen to exclude those operators from the list. Despite we are aware that they exist and many punters look for them since they have fewer restrictions in place. The biggest one is that they aren’t on GamStop.

Commonly the offshore operators have licenses in somewhat shady jurisdictions such as Curacao or Costa Rica. Places where basically money buys the license. And fewer regulations and restrictions for the player isn’t necessarily great.

Responsible gambling doesn’t commonly exist in these casinos and betting can get out of hand relatively easily. And of course, the worst thing for the UK customer is that you aren’t necessarily able to withdraw your potential winnings. Offshore operators tend to go the extra mile to avoid paying winnings.

All licensed operators have the license information available on their website (footer), but you can always check the license holders from the license registry.

5 minimum deposit betting – The summary

There are betting sites that allow you to deposit only 5 pounds. But when depositing the minimum deposit, you need to generally use a certain payment method/payment methods.

Here is the takeaway:

  • Pound deposit betting sites have generally different minimum deposit for different payment methods. 20 pounds is usually the minimum deposit on all methods.
  • Free bets or other promotion generally requires a larger than 5 pounds.
  • Free bet promotions are generally larger than 5 pounds – Making a 5 pound deposit won’t give you the full value. Since new customer promotions are the best ones, maybe claim it when can deposit more than 5 pounds.
  • Promotions, including 5 pound deposit betting bonus, requires you to place qualifying bets with pre-determined min odds per bet.
  • 5 pound deposit betting cannot stay really within the optimal bankroll management (single bets 1-2% from bankroll). Minimum bets need to be larger on all betting sites.