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Which UK betting sites accept a low minimum deposit?

Which British betting sites accept a low minimum deposit?

There are a huge number of betting sites in the UK to pick from, but what are the minimum deposit amounts for these sites? In this article, that is what we intend to find out. So if you are a lower-stakes gambler, or looking for a site that offers flexible deposit amounts to suit the smaller budget, read on!

What is the minimum deposit?

In terms of sports betting, casino, poker or bingo sites in the UK, the minimum deposit is the lowest amount that a company will accept for a deposit into your account with them. Theoretically, the lowest possible deposit amount UK customers can deposit, at least using fiat currency, is £0.01.

Practically, a deposit of such a small amount would only allow the customer to make one £0.01 bet or similar. Therefore, while it is good to know where you can make low deposits in the UK, the practicality is that most sites' minimum deposit amount is well within the budget for any UK bettor.

 Low minimum deposits are generally only of interest to micro-stakes punters, while the majority of UK punters are served well by companies that offer minimum deposits of around £5 to £10. In this article, we’ll investigate both. 

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Which bookmakers in the UK have the lowest deposit?

The main aim of this article is to provide readers with a list of the best UK betting sites that offer low deposit amounts, ranging from the smallest possible minimum deposit, up to those that offer a minimum deposit of £10. However, there is one thing to consider when we talk about minimum deposit amount and that is that they often depend on the payment method used.

  • Payment Method Variation

Whilst many payment methods with a bookmaker will have the same minimum (and sometimes maximum) deposit amounts, there will be differences between what the minimum deposit amount is from one payment method to the next. 

Let’s now check out the best betting sites with minimum deposit amounts affordable for every punter in the UK, starting with sites that accept deposits from just £0.01!

No minimum deposit betting sites

As we explained above, the theoretical minimum deposit a betting site can accept in the UK is £0.01. After all, you cannot deposit £0.00 into an account, plus you need to deposit some cash into your account to make any form of bet anyway. 

Unsurprisingly, there are not too many minimum deposit betting sites that offer the lowest deposit amount possible in the UK, but there is one. 

  • Lottoland (Bank Transfer Only)

With Lottoland, if you elect to use a bank transfer deposit option then you can transfer over as little as £0.01 into your account. In terms of betting or gaming this small amount is of no practical use, but it is useful if, for example, you have won a bet and when added to your balance, you have £57.99 in your account. By making a £0.01 deposit then, you can round that up to £58.

No minimum deposit betting is something of a misnomer as you have to deposit something to bet with! But in terms of the smallest possible deposit, Lottoland bank transfer gives you that option.

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Which betting sites have a £1 minimum deposit?

We’ve found one site in the UK that offers a £1 minimum deposit for the majority of payment methods and that is Lottoland. This is probably only a viable option for customers who want to play micro-stakes games, or place very small bets. However, it is good to know that there is at least one site that offers 

  • Lottoland (Most Payment Methods)

Lottoland is certainly the king of the low deposit betting sites in the UK, as not only can you transfer £0.01 via bank transfer, but for the vast majority of other payment methods, the minimum deposit amount is just £1.00. 

Which betting sites have a £5 minimum deposit?

We were going to bring you 5 deposit betting sites that offered deposits from £5, but in actual fact, there are a significant number of £5 deposit betting sites available to UK customers.

The list of betting sites with a £5 minimum deposit is extensive and includes some of the biggest names in the UK gambling industry as you will see from the list below.

Which betting sites have a £10 minimum deposit?

Some betting sites offer minimum deposits starting at £10 for UK customers. This, thankfully, is still very affordable for the vast majority of customers. Sites that offer a minimum deposit of £10 to UK customers include the following:

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What are the pros and cons for a low minimum deposit?

Pros

  • Low minimum deposits make the site easily accessible to all customers.
  • Many sites will offer a Welcome Bonus to new customers even with low minimum deposits.
  • Low deposits make it easier to ‘top-up’ your account with smaller deposits when required.
  • Ideal for micro stakes bettors.
  • Useful for bettors who want to round-off their balance to a whole number, eg, depositing £0.11 to take an account from £99.89 to £100. 

Cons

  • Very low deposits are impractical and only allow micro stakes wagering. 
  • Low deposits won’t last long and customers tend to need to make considerably more deposits.
  • Very low deposits may not count towards welcome offers or similar.

Knowing where you can get low or minimum deposits with UK betting sites is valuable information, but it is also practical to know that any deposit should really be determined not by the least amount a betting site will accept, but by your own budget and betting requirements. 

And as always, any deposit, no matter how small, should always be made with responsible gambling in mind!

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