£1 betting sites are far more common these days as many online bookmakers have reduced their minimum bet amount in a bid to attract more punters. It used to be that when placing bets online, you had to place a minimum bet of £2 but now there’s plenty of min deposit amounts set at £1 and below I’ve got a list of the ones which I feel offer punters the best value.
£1 Min Bet Bookmakers Compared
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This bookmaker accepts a minimum bet of 10p so betting £1 is no problem and they’ll double your deposit instantly if you deposit £10 or more when you join.
Low stake punters are good for bookmakers, as many punters are unwilling (or unable) to risk large amounts of money on a single wager, and by providing a way for customers to bet lower amounts, they are creating a completely new market. Low stake gambling is also good for betters, because wagers can still be placed but with a lot less risk. This is particularly true for multiple bets, where odds can be quite long, and therefore large profits can be made from relatively low bets if luck goes the right way.
There are many sites which now who allow bets of £1 or less, and in fact this has generally become standard. There are very few bookies now that insist on larger stakes. An obvious exception to this is BetFair, where the minimum bet is still £2. You can however place a ‘lay’ bet at BetFair for a lot less. This is because at BetFair you are actually wagering against other punters, and there has to be a minimum amount so that bets can be matched up correctly.
Many of the leading bookmakers allow bets of less than a pound. Most of them go down to 50p now, with Bet365 accepting bets for just 10p. BetVictor goes one step further than this and allows bets at only 5p, although it’s difficult to imagine why one would place a bet at only 5p. Perhaps only if you were testing a complex strategy and didn’t want to spend too much, or if you have a ‘dead cert’ lined up at 200/1, although how many ‘dead certs’ exist at those odds is unclear.
BetVictor – The Best £1 Site
BetVictor has to get the prize for the best £1 min bet site simply because it goes so much further in regards to it’s minimum stake amount than any other bookmaker. Its minimum stake of 5p is so low, it’s almost bordering on ludicrous. However, the fact that it’s willing to offer its entire range of markets with low stakes is a testament to how flexible online bookmakers have become.
BetVictor also is well placed in the online market, and allows you place bets wherever you are via its range of online apps. These are great for gambling on the move, or for simply keeping track of your current wagers. Many of the other bookies have similar apps and services, but BetVictor combines these with its ultra-low minimum stakes well, so you can have fun gamlbing without it costing the earth.
Bet365 – 2nd Best
Bet365 comes in a close second on this list. It actually allows bets right down to 10p, so not quite as good and flexible as BetVictor, but nevertheless still allows a high degree of budget betting.
Bet365’s website has a number of great features as you would expect from an online bookie that has won multiple awards. Everything is laid out nicely, and as with BetVictor you can bet low on the entire range of markets. 10p limits make a great addition to an already good experience, and allows punters to place bets without taking huge risks.
William Hill – 3rd Best
Will Hill comes in third not because their website and services are any worse than any other bookie, but simply because their minimum bet is slightly larger than the previous two. The William Hill minimum bet currently stands at 3p, which is still low enough for many people, but not ultra low like Bet365 and BetVictor.
William Hill is still one of the best sites to begin placing bets with if you feel like a few wagers on your favourite horses or a sports event. Even at 3p, you’ll find the sub-£1 experience allows a perfect blend of exciting betting with low exposure, meaning you aren’t at too much risk to lose out in a big way if luck isn’t on your side.