£5 betting sites can be categorised two ways; sites which accept £5 deposits and sites which accept £5 bets. This article is designed to look at bookmakers which take £5 deposits from punters.
These days, it’s possible to place bets quickly and easily online, and mostly you can put bets on for as little as £1. Some bookies have also been known to accept even smaller bets which can be as low as just £1, 50p and even 10p.
Check out the best way to deposit for online betting and find out how to stop your personal details being compromised or your card details being stolen.
Bet365 accept deposits of £5 but if you deposit £10 with your first deposit they’ll double it instantly so you’ll have £20 to bet with straight away. Read my full review of their service.
Where Can You Deposit £5?
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There has been a lot of competition in recent years between online bookmakers to reduce the minimum deposit, and some have even made it down to £5. This means you can log onto your account, deposit £5 using your favourite deposit method, and then place a small bet. Casual punters who don’t want to be tempted into wagering large amounts in one go generally favour this type of method, where small amounts are deposited at a time.
Out of all the possible online bookmakers, three stand out above the rest as being the best for depositing small amounts such as only five pounds.
Bet365 – The Best
Bet365 is one of the best £5 min deposit bookmakers out there, with thousands of markets available. In addition, with Bet365 you can bet ‘in play’, which particularly suits punters who only deposit small amounts. Take an example where a football match is in the 70th minute and it’s looking like a draw, but you get the feeling that there might be a last minute goal. By wagering in play you can usually get great odds at this stage at going against a draw. You may not want to commit a large deposit from your bank account, so logging on and quickly depositing a fiver and then placing a bet is a great way to control spending.
With Bet365 you can do this as many times as you like, and they don’t charge a fee for small deposits. Naturally, if you’re planning a series of bets, then a larger deposit is more preferable, but for ‘spur of the moment’ betting with a quick fiver here and there, it’s good to know you’re well catered for with Bet365.
In addition, if you’re out and about, why not take advantage of Bet365’s great app, which allows you to deposit money from your usual fund source while on the move. Even if you’re actually at the races, you can log in, deposit a quick fiver, place a bet, and then watch as (hopefully) your chosen horse romps to victory.
You can transfer funds from a fiver upwards from any of your preferred form of payment to your account without fees or charges.
BetVictor – 2nd Best
BetVictor is similar to Bet365 in many ways when it comes to placing smaller bets online and can also be classed in the five pound sites category. You can place a small deposit with BetVictor just as easily as large ones, with the fund source of your choice. As with Bet365, the minimum deposit is £5, which actually is just the right amount for the smallest possible amount you can transfer. Under £5 and you can easily leave yourself short if you need to bet again, and above £5 can be too much for punters who don’t want to over-expose themselves. BetVictor supports all the major credit and debit cards, along with PayPal, Moneybookers, and a variety of other credit sources.
William Hill – 3rd Best
There are quite a few bookmakers that actually allow minimum deposits of £5 and it’s almost unfair to pick a 3rd place entry, but if anything William HIll should get third spot on this page.
It’s true that you only get to deposit £5 if you’re using a debit card, but William Hill have a really quality site, and it’s really easy to use. If you’re using a credit card or any other type of deposit methods, you must place a minimum of £10. If you’re used to topping up your betting account by debit card however, this won’t worry you can they’ll accept £5 quite happily. Plus the minimum bet amount is just 3p so should cater for all levels of punters.
If you sign up today and bet £10 you’ll trigger £20 in free bets.