• 100% up to $100
  • 5.0
Advantage list
  • Great odds
  • Extensive amount of games covered
  • Exceptional bet types available
Disadvantage list
  • Web version of the site can be confusing to stake
  • Cash out option is not smooth or consistent

Browsing the terms and conditions of sportsbooks can be tedious. We’ve analyzed the fine print to give you an overview of what you can expect when you first log in to a sportsbook.

This guide will give you a sort of crash course on the most common minimum deposit requirements, clearly explaining which deposit methods come with the easiest process and lowest fees. Also, we’ll take a peek at minimum bet limits, a usual restriction on how small a wager your online sportsbook will agree.

Minimum Deposit Amounts Depend on Your Source

To place bets using your preferred bookmaker, you must first register and make a deposit. The minimum deposit amount is often different between sportsbooks, but the needed amount often also changes depending on the method used for deposit.

For most sports gamblers, credit cards and eWallets are the most attractive deposit options. They typically have the lowest minimum deposit and the least amount of fees.

Certain deposits at sportsbooks have higher minimums than others. Bank wires and money transfers tend to have the highest fees because they cost sportsbooks the most processing time and paperwork.

Minimum Deposit on your Credit Card

Most people use credit cards to deposit at sportsbooks. Credit card minimum deposits typically range from $10-$100 but usually fall on the lower end of this range.

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When looking for an online sportsbook, American and European bettors should expect to encounter minimum bets of about $10.

Sportsbooks will try to set a low minimum deposit for this method because it is the most popular and easiest way for bettors to put funds in their accounts.

Minimum Deposits Via Bank or Money Transfer

If your using a bank wire or a money transfer to fund your betting account, you may have to cough up more cash than with other funding options.

Minimum deposits for electronic fund transfers may range from $10 to $50, but you will often be asked to deposit more when using wire services that are more traditional.

Minimum Deposit Via eWallets

E-wallet services such as PayPal, Neteller, and Skrill allow users to store multiple credit card or bank account numbers in a secure environment. Payments are made faster, and some are instantaneous.

Furthermore, some sportsbooks will allow you to make deposits via eWallet services. However, most still require a $10 minimum deposit.

You may be required to use the same eWallet to make a withdrawal when the time arrives.

What is The Smallest Bets You Can Make at Your Sportsbook

Most sportsbooks permit you to bet small amounts of money. Sportsbooks are happy to let you wager with tiny amounts of money as long as you meet deposit requirements (and future withdrawal requirements).

Most online sportsbooks set their minimum wager at $0.50 or greater; you won’t find an online sportsbook with a minimum higher than $5.00.

Note that the minimum bet amount may fluctuate depending on the time of year or specific event.

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Get Started Now!

To understand how to best develop a winning sports betting strategy, it’s important to understand the fundamentals of sports betting. We’ve created a complete guide to the basics of sports betting to help you get started.

See our comprehensive guide for more information on depositing and withdrawing from your sportsbook.

Other Alternatives 

We’ve analyzed the all the details to give you an overview of what you can expect when you first log in to a sportsbook. Find out more here.  

Deposits and Withdrawals:

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