Written by:
Oliver Dickinson
Fact checked by:
Alex Windsor
Updated:
May 21, 2024

Best Sportsbooks & betting sites with a $10 minimum deposit

Now that sports betting is finally legal in many states, online sportsbooks attract more new customers than ever. That is why choosing the right sportsbook is so important, especially if you are new to online sports betting and/or only have a limited bankroll. There are now many excellent $10 minimum deposit sportsbooks that will gladly accept a minimum deposit of only $10 and a few with a minimum deposit limit of only $5.

The recommended $10 minimum deposit sportsbooks that you will learn about here are the perfect place for sports betting newcomers to get their feet wet and gradually improve their handicapping skills without going broke in the process. If your goal is to manage a small sports betting bankroll wisely so you can have fun and make money, too, joining and making selective wagers at one of the highly recommended $10 minimum deposit sportsbooks is your best bet. If you’re looking to deposit a bit more, then check out our list of the top $25 minimum deposit sportsbooks.

Best $10 Minimum Deposit Sportsbooks Reviewed

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
Play Now

BetMGM Sportsbook

4.6/5
  • Minimum deposit $10
  • Plenty of payment methods available
  • Well-designed Android & iOS app
  • In-Game wagering
  • Football live streaming is not available
  • Customer service contact has to go through FAQs
Up To $1,500 in Bonus Bets
Play Now

betway Sportsbook

4.5/5
  • Minimum deposit $10
  • Huge market coverage
  • Minimal requirements to cash out welcome offer
  • Features all major betting options
  • Few promos for existing players
  • Not easy to navigate
Bonus Bet up to $250
Play Now

Caesars Sportsbook

4.4/5
  • Minimum deposit $10
  • Reliable and user-friendly app
  • Most lucrative first bet promotion in the market
  • Huge market depth and coverage
  • Best rewards program in the industry
  • Experience can vary per state
  • Frequently changing its features
$1,000 First Bet on Caesars
Play Now

Fanatics Sportsbook

4.4/5
  • Minimum deposit $5
  • Generous Welcome Bonus
  • Variety of Special Features
  • Big Sports Market Coverage
  • Limited banking options
  • No Desktop Betting
  • Few Special Offers & Promotions
10 daily 100% Bonus Bets up to $100
Play Now

There are many factors to consider in determining the best betting sites with low minimum deposits.

For starters, you should only consider doing business with a state-regulated and licensed sportsbook in the state where you intend to play. This will ensure that you will be treated fairly and all of your relevant personal and financial information and activity on the site will be kept safe, secure, and private. Not heeding these guidelines and playing anywhere else like an overseas sportsbook is a bad idea. You would be completely at the mercy of the sports operator with no legal protection whatsoever if it absconds with your money.

In addition, individual sports bettors vary greatly on such variables as the size of their sports betting bankroll, betting market and bet type preferences, and the size and frequency of their bets. If you can only afford to or only wish to bet on a very small scale, you need a US sportsbook with the lowest minimum deposit limit using a choice of banking methods and where the minimum bet amount is also low.

Choosing an easy-to-navigate sports betting site with a wide range of betting options is important. But you also want at least a modicum of player recognition for your loyalty. You don’t want to be completely shut out of the welcome bonus and other promotions and benefits because you can’t meet the high deposit and wagering requirements.

Some gambling sites do a better job than others in meeting the special needs of small bettors by providing small deposit bonuses. This section will highlight the five online sports betting sites that our experts consider the best of the best.

1.🥇DraftKings Sportsbook

Draftkings Sportsbook Homepage

Long before full-scale sports betting became widely available legally in the US, DraftKings was one of this country’s leading sites for Daily Fantasy Sports (DFS). In 2018, the site started adding a separate sports betting platform in those states where it was legally permitted to do so. DraftKings Sportsbook now operates legally in 20 states.

DraftKings’ many years of experience have helped it become one of the largest and most successful sports betting operators in the US. The betting app is also one of the few legitimate online sportsbooks with a minimum deposit of only $5 in the US. DraftKings also accepts a variety of deposit methods for you to choose from when making these small deposits. Furthermore, you don’t have to risk the entire $5 all at once on a single wager. The minimum bet is only 10 cents!

Those reasons alone should show anyone looking for the lowest minimum deposit sportsbook that DraftKings is a smart choice. But DraftKings has more going for it, and that is why it is No. 1 on our list of the best low-minimum deposit betting sites. DraftKings offers competitive odds on a tremendous variety of sports, and small bettors can choose from the same vast array of betting options as mid-stakes players and high rollers. Ordinarily, newcomers might be confused and intimidated by so many different betting options. But at DraftKings, you won’t be because of its outstanding How to Bet 101 section.

DraftKings, like virtually all top sportsbooks, has a special offer exclusively for new users. The default offer (sometimes other welcome offers are available) is a deposit bonus consisting of 20% of your first deposit. To sign up with DraftKings and claim this bonus, simply use the convenient links included on this page.

DraftKings Sportsbook

4.8/5
  • Minimum deposit $5
  • Sleek and easy-to-use user interface
  • Plethora of betting options
  • Range of regular promotions
  • Limited withdrawal options
  • Needs a better rewards system
Bet $5, Get $150 In Bonus Bets
Play Now

2.🥈Betway Sportsbook

Betway sportsbook has a set minimum deposit level a little higher than DraftKings, coming in at $10. Although this is $5 more, it is a perfectly acceptable minimum deposit amount when compared to most operators in the market.

Rest assured that at this sportsbook, you can get plenty of mileage out of your $10 deposits.

Betway is a relative newcomer to the US. Although the Betway Group was founded in 2006 the brand didn’t enter the US market until 2021, launching it’s online sportsbook in Colorado. Since then, Betway has expanded into multiple states and new customers are greeted with up to $250 in bonus bets.

Betway is a full-scale sportsbook offering a very wide range of betting markets and all of the common betting options. I have been using site since it’s launch and I feel it’s strengths lie in a wide market coverage and an excellent in-play betting menu, which contains niche markets not seen in lots of other sportsbooks. I haven’t seen too many other sportsbooks offering parlays on darts!

But wait – there’s more. Betway also offers money back for close wagers that fail to win, a great early payout scheme and free-to-play predictions games with cash prizes.

betway Sportsbook

4.5/5
  • Minimum deposit $10
  • Huge market coverage
  • Minimal requirements to cash out welcome offer
  • Features all major betting options
  • Few promos for existing players
  • Not easy to navigate
Bonus Bet up to $250
Play Now

3.🥉BetMGM Sportsbook

Betmgm Sportsbook Homepage

BetMGM is another full-service sportsbook that covers all of the major sports, offers a wide range of betting options, and welcomes small players. It is also one of the biggest, best-known, and most highly regarded brands in online gambling. BetMGM Sportsbook is currently available in 20 states plus Washington, D.C.

The website and mobile app include a  brief tutorial on How to Bet. It is not as thorough as the Sports Betting 101 material on some other sites but more than adequate for beginners. The app is also one of the best minimum deposit betting apps available on the market as its packed full of useful betting tools and features.

BetMGM accepts all of the most popular payment methods. The minimum deposit and withdrawal are both $10.

Lastly, everyone who signs up and plays at BetMGM Sportsbook is automatically enrolled in the highly acclaimed BetMGM Rewards program. All of your activity at any participating BetMGM-owned or affiliated online or offline sportsbook or casino counts toward earning both reward points (you can use toward comps at any BetMGM property of your choosing) and tier points.

Like other top sportsbooks, BetMGM has a generous offer for all first-time users. If your first cash bet loses, BetMGM will refund the entire amount in the form of Bet Credits. If a wager using a Bet Credit wins, you will be paid the winnings but not the cost of the bet.

If you’re not already signed up with BetMGM, you can join and claim the bonus right now. It’s quick and easy with the convenient links shown below.

BetMGM Sportsbook

4.6/5
  • Minimum deposit $10
  • Plenty of payment methods available
  • Well-designed Android & iOS app
  • In-Game wagering
  • Football live streaming is not available
  • Customer service contact has to go through FAQs
Up To $1,500 in Bonus Bets
Play Now

4. FanDuel Sportsbook

FanDuel’s history is similar to that of DraftKings. It began as a prominent DFS site exclusively but expanded into full-scale sports betting starting in 2018. FanDuel Sportsbook is currently available in 18 states plus Washington, D.C.

FanDuel covers all of the major sports along with some lesser-known ones and offers a very wide range of betting options at competitive odds. However, this betting site deserves a place among the top five $10 minimum deposit sportsbooks also because it is surprisingly user-friendly. It is easy enough to navigate even for those who are new to sports betting. In addition, the comprehensive Sports Betting 101 section does a great job of covering such topics as how to bet and the different types of bets.

FanDuel accepts the most commonly used banking methods. The minimum deposit at FanDuel and minimum withdrawal are both $10.

The special offer for new players is called “No Sweat First Bet.” If your first cash bet loses, FanDuel Sportsbook will refund 100% of your stake back as Bonus Bets. As at the other sportsbooks offering this type of promotion, if your Bonus Bet wins, you are paid the winnings but not the cost of the bet.

Would you like to join FanDuel Sportsbook and claim this welcome offer? Simply use the convenient links shown below.

FanDuel Sportsbook

4.7/5
  • Minimum deposit $10
  • Vast coverage of sporting markets
  • Supports ewallets & traditional payment methods
  • Promotions are kept exciting
  • App layout is a bit cramped
  • No NFL live streaming
Bet $5, Get $200 In Bonus Bets
Play Now

5. bet365 Sportsbook

Bet365 Sportsbook Homepage

bet365 is a relatively new entry into the US market. It did not launch its first sportsbook for US players until 2022. However, it has over 20 years of experience in the online sports betting industry and is one of the leading international sports betting sites.

Currently, bet365 is available in only four states: Colorado, Iowa, New Jersey, Ohio, and Virginia. However, if you are fortunate to be able to bet in one of those states, you should definitely consider it because it offers an outstanding platform for small bettors.

For starters, bet365 offers a very wide range of betting markets and betting options. Parlays, props, in-play betting (live betting), and futures bets are all available, with live betting being especially popular due to the site’s free live-streaming feature. However, even with the multitude of betting choices, new users won’t feel overwhelmed because the site is very user-friendly and easy to navigate. A Sports Betting 101 section you can access through the Help tab covers the basics to help beginners get acclimated.

bet365 accepts a wide choice of deposit and withdrawal methods, with a $10 minimum for each transaction. However, you certainly don’t have to bet the entire $10 deposit at once. The minimum bet is only 10 cents.

We have saved this sportsbook’s best feature for last, and that is the welcome bonus for new customers, which, for small bettors, is second to none.

Bet $1 and, win or lose, get $365 in Bet Credits!

If you win a bet using a Bet Credit, you will receive just the winnings from the bet, not the cost of the bet. However, this is still a fantastic offer because every new player gets it. You only have to bet $1 of your own money, and you don’t have to lose that bet to qualify for the bonus. Furthermore, you have up to 30 days to use your $200 in Bet Credits on any sport(s) you wish and either on one bet or multiple bets.

If you can play in a state where bet365 is available and are not yet signed up, what are you waiting for? Use our convenient links shown below to join and claim your $200 in Bet Credits today!

bet365 Sportsbook

4.5/5
  • Minimum deposit $10
  • Huge welcome free bet
  • Big sport market coverage
  • Easy and fast banking options
  • Few promos for existing players
Bet $1 receive $365
Play Now

Top-Rated USA Sportsbooks and Their Minimum Deposit Limits

If finding a sportsbook with a low online betting minimum deposit is important to you, that doesn’t mean you have to settle for a second-rate sportsbook. As the following table shows, even the top online betting sites for US players have minimum deposits that fit very small players’ budgets. A $10 sports betting minimum deposit is standard. However, DraftKings has a minimum deposit of only $5.

Caesars Sportsbook previously set its minimum deposit limit at $10 but raised it to $20. We still include it here because of other outstanding features such as its generous welcome bonus and superior loyalty rewards program. However, players who are uncomfortable with depositing $20 have many other viable options where a deposit of $10 or less is still accepted.

👑Rank🏈Sportsbook💵Minimum Deposit🌐Website
1DraftKings$5www.sportsbook.draftkings.com
2BetMGM$10www.betmgm.com
3FanDuel$10www.sportsbook.fanduel.com
4betway$10www.betway.com
5Caesars$20www.caesars.com/sportsbook-and-casino
6bet365$10www.bet365.com
7BetRivers$10www.betrivers.com
8ESPN Bet$10www.espnbet.com
9Tipico$10www.tipico.com

Benefits of Betting with a $10 Deposit Amount

Having a $10 deposit sportsbook offers many benefits. If your main reasons for wanting to sign up with a sportsbook are to make some small bets occasionally for fun and, hopefully, profit, you don’t want to be required to deposit more than $10 at a time.

The same is true if you are brand-new to sports betting. Even if you have a large enough bankroll at your disposal to deposit and wager hundreds of dollars, it makes much more sense to start slowly and master the basics before considering increasing your bet size.

Keep in mind that sports betting, like any form of gambling, involves an element of risk. Even the best handicappers lose from time to time.

A $10 minimum deposit sportsbook is a sensible and affordable way to start betting on sports without tying up large sums of money. $10 minimum deposit sportsbooks give you good bang for your buck by allowing you to make multiple small sports bets over a period of time and gradually build your bankroll.

How to Find Legit USA Sportsbooks with Flexible Deposit Limits

Just as important as choosing an online sportsbook with an affordable minimum deposit and bet size is making sure that the betting site is legitimate. For starters, only consider signing up with a low-deposit sportsbook that is licensed and regulated by the state agency that is responsible for online gambling in the state where you intend to bet. Then open the website or download the mobile app for each such sportsbook and compare them on all of the variables that matter to you. Here are some that are particularly important:

Even though there are some overseas operators that purportedly accept deposits of only $1, you should stay away from them because if anything goes wrong, you have no legal protection. Fortunately, some of the best betting sites in the US will not only gladly accept your $10 deposit but offer you the same deposit and withdrawal options, betting options, and bonuses and promotions that larger bettors get.

How to Deposit $10 and Still Qualify for Betting Bonuses

Before you can make your first deposit and qualify for a betting bonus at any of the above-mentioned online sportsbooks, you need to complete the registration form on the sportsbook’s homepage, be approved as a new customer, and be assigned an account. Then the next thing you need to do is select an accepted payment method and make sure the minimum initial deposit doesn’t exceed $10 and that your $10 deposit is eligible for a bonus.

Before accepting any bonus offer, however, read all of the terms and conditions carefully and make sure you understand them. Lastly, when accessing a certain bonus calls for using a specific link or bonus code, make sure you don’t forget and that you enter it correctly.

Lowest Minimum Deposit Banking Options at $10 Sportsbooks

The best payment methods for a sportsbook $10 minimum deposit are the following:

Virtually all top US sportsbooks accept these deposit methods. They are free of charge, and new sports bettors will have no trouble depositing $10 (or $5, if preferred, at DraftKings) and claiming their sportsbook bonus.

On the other hand, there may be fees with online banking, while cash deposits such as those made via PayNearMe or at the cashier’s cage of the affiliated casino are typically not eligible for sportsbook bonuses.

FAQs

  • If I make the minimum first deposit at a $10 minimum deposit sportsbook, will I get the new customer bonus?

    Which special offers you qualify for, if any, vary from one sportsbook to another. However, most top US sportsbooks that accept $10 minimum deposits offer bet credits. Usually, but not always, the customer has to lose the first bet to qualify.

  • Do I have to pay any fees with my $10 minimum deposit?

    It depends on the deposit method. For example, you may incur a fee on bank transfers. However, $10 minimum deposit methods that are always free are credit and debit cards, e-Checks, and PayPal.

  • Is the minimum bet also $10 at a $10 minimum deposit sportsbook?

    Not at all. The minimum bet is typically 50 cents or less. So, you can use your $10 deposit on multiple bets rather than risk all of it at once.

  • DraftKings is one of the most popular betting sites in the whole of the US and only has a $5 minimum deposit amount. Although some overseas sportsbooks accept deposits of only $1, they are not recommended.

  • What makes the bet365 Sportsbook new customer offer superior for small bettors?

    You only have to bet $1 of your own money. Then, win or lose, the sportsbook gives you $200 in bet credits that you can use for multiple sports on any number of bets.

AUTHOR
Oliver Dickinson

A football fan through and through, Oliver is a valued writer and contributor at Minimum Deposit Betting Sites. He boasts over 7 years of experience writing reviews, predictions, and picks for a variety of US and Europe-based websites.