What are Minimum Deposit Casinos?

Minimum deposit casinos are a type of online casinos that allow users to play with a minimum initial deposit. For example, if you have $10 in a payments card and you want to play a game of video slot, most traditional casinos may not allow you. This is because they usually have a minimum stake lower limit of $20. You will need to make a payment of $20 or more from another card or option. In the case of a min deposit casino, you can.

That is the advantage of choosing a minimum deposit casino over mainstream casinos. However, you should note that the minimum deposit is only applicable to new users and for their initial deposits. To satisfy bonus terms and conditions and to participate in huge jackpots, the casinos may still require you to shell out more.

But it still acts as an easy entry point for many new gamblers who may not have a full purse as they start up. Such casinos are for those new gamblers.

In other words, the qualities of a low deposit casino are:

  • Min stake amount requirement of just $1
  • Quick account activation and verification
  • Faster deposits and withdrawals
  • No hidden charges or limits

How We Assess Casinos with Minimum Deposits

With that definition above, you would think that any casino website that offers a low deposit would make for a good entry point. Unfortunately, that is not the case. Some online casinos – both high and dry – are widely known for their unscrupulous activities and tactics. Even our in-house team of experts has experienced unprincipled actions from some casinos. Therefore, you cannot trust any random low deposit casino. You should only work with the best.

But then, how do you assess a casino? Well, we have some tricks up our sleeve. We consider the following factors while assessing a casino with minimum deposits:

No Hidden Conditions

When you think about the lowest stake casino, you ideally think about a small amount in CAD that you have to deposit to get started. Well, that is how it should be. So, we go through the entire terms and conditions to see if there are any hidden conditions or rules that render the min deposit claim invalid.

There are some sites that claim to offer low deposits as low as $1 but then add some condition to it. This is not a good way to do business, and we quickly flag such companies.

Quick Account Creation and Activation

Such websites should also allow quick and easy account creation. The additional verification – if needed – should also be quick. A casino site that does not turn account creation into a hassle is what makes it to our list.

Playable Games at Low Deposit Amount

Just having a minimum deposit is not enough; you also should be able to play games using it. This is perhaps the second most important factor to consider. It does not make sense when a site asks you to deposit $2 and then you have to pay $3 more to play a slot game. Does it?

Faster Deposits and Withdrawals

along with deposits, even withdrawals should be quick and easy. This naturally means there should be multiple banking options that make it easier for users to pay and withdraw.

Advantages of Playing at Low Deposit Casinos

The biggest advantage of playing at such low deposit casinos is the low capital requirement. We know several people (in friends and family) who want to experiment with gambling but are fearful of losing huge amounts of money or going into debt if they keep using credit cards and getting addicted. Having a $1 entry then makes complete sense for them.

If you are someone who has been on the fence about online gambling, min deposit casinos can be a great avenue for you. Just start with the lowest amount possible (some casinos allow as low as one dollar) and then see how you feel. You can always create a budget of, say $10 a month, to spend on gambling and then gauge how you feel at the end of the month.

We feel such low deposit casinos are a boon to new players who don’t want to end up losing (or winning) huge amounts of money right at the start. These, then, give a good way to enter the fantastical world of online gambling.

Top-Rated Casinos with Minimum Deposits

Let’s jump directly to the list of the lowest deposit casinos. We have handpicked these based on our own due diligence, along with the help of market research and the factors that we listed above.

Betsafe

Betsafe requires you to make a small payment of just 10 Euros to start playing. This may not feel like a minimum deposit amount, especially if you have been reading about those $1 casinos, but they are an all-rounder company. Go for this if you want a balance of reputation and low deposits.

Wild Fortune

While the official website does not explicitly mention the min deposit amount, we found it to be $10 for all types of games. This is still better than Betsafe’s and the industry average of $20.

22bet

This is the first casino site on this list that allows deposits of as low as $1. Head to 22bet today to get started.

Rizk

Rizk demands a min deposit of $10 for Canadian players. This is a decent amount considering that Rizk has been around for several years now and has lapped up a good reputation.

Captain Cook

Captain Cook deals in pounds, so that makes its lowest stake amount to be £5. When transacting from Canada, the system will show you the Canadian dollar equivalent.

Zodiac

The min deposit on this site is €30 for all types of payments. This is on the higher side but it does float promotions every once in a while, which reduces the amount to half. Watch out for those promotions on its social media.

PlayOJO

PlayOJO has a min deposit requirement of $10 for US and Canadian players. We know there is a difference but it’s kept a flat figure to make it easier for users.

Caxino

Perhaps Caxino has the highest deposit amount requirement on this list. At $20, it may not be what you are looking for but it still comes with a lot of offers for you to experiment with.

LeoVegas

The min deposit amount here is $10 for Canadian players. You can pay it using any of the over 10 different payment options.

Casino Classic

Just like 22bet, Casino Classic also allows you to play with a min deposit of just $1.

If you are low on time, just pick one of these and experiment your way in. All you have to do is sign up for a free account, deposit as low as one dollar, and play your first casino game.

Types of Minimum Deposits at Canadian Casinos

Although minimum deposit casinos are a broad category, they can be further divided into small buckets as per the minimum stake figures. There is not much difference between the types but still let’s take a look at the most common types.

$1 Casinos

This is the most sought-after type of minimum deposit casino in the world. To start playing with just one dollar is a luxury in many parts of the world, including in Canada. Plus, it’s not about the value of the money but about the easy entry into online gambling.

$5 Casinos

After one dollar, we directly go to $5-dollar minimum deposit casinos. These are slightly superior to the first type and offer more payment methods and offers.

10$ Casinos

With just a tenner, you can establish yourself as a gambler in these casinos. There is no difference between this and the $1/$5-dollar casinos except for the fact that here you may be automatically eligible for high-ticket promotions. There is no need to deposit an extra amount to be eligible for bonuses, deals, and even the VIP club.

$20 Casinos

This is the average minimum deposit amount in most online casinos in Canada.

Bonuses at Minimum Deposit Casinos

In the previous section, note the point of how you may have to deposit an extra amount to be eligible for bonuses? It is true because most casinos have bonus terms and conditions where the minimum amount in your account should be above a minimum limit. In such casinos, this is not equal to the stake figure.

We are talking bonuses like welcome package/signup bonus, deposit bonuses, refer-a-friend bonus, and free spins. Except for free spins, you may need to wager/pay a higher amount in your account to be eligible.

Payment Methods of Minimum Deposit Casinos

Some of the top payment methods available in such low deposit casinos are listed below:

  • VISA and Mastercard credit cards
  • Bank transfer
  • Cryptocurrencies (fraction coin value)
  • Neteller
  • Skrill
  • Klarna
  • Interac
  • iDebit
  • Instadebit
  • MuchBetter
  • PayPal
  • Western Union

When choosing your casino, look for the supported payment methods. It may be a good idea to choose one over the other if it has your preferred payment system.

< class="faq__title title-font-style">FAQs on Minimum Deposit Casinos

How safe are minimum deposit casinos?

They are 100% safe and legal. Most of these sites are managed by reputed holding companies who also own mainstream casinos. They all have valid licenses and permissions to operate in Canada.

What currencies are accepted at Canadian low deposit casinos?

In addition to Canadian dollars (CAD), most casinos accept currencies such as USD, GBP, Euros, and other major ones. Even if the site of your choice does not accept a certain currency, you can use e-wallets to exchange it.

Is it possible to win big money at minimum deposit casinos?

Yes, it is 100% possible to win big money by making a small deposit like $1. All you have to do is play as many games as possible and enroll in tournaments. If luck is on your side and you turn into a prolific gambler, you can win millions. However, do note that you should gamble with only that money that you can afford to lose.

How much money should I deposit to play?

As listed above, you may have to deposit anywhere between $1 to $20 to get started on these low deposit casinos. Anything above, and you are better off choosing a mainstream casino.

Liam Smith
For all the advantages that they have, minimum deposit casinos are a great way to enter the online casino world. If you are a beginner, they offer a great entry point at an extremely cheap value. You don’t have to worry about huge deposits and losing all that money if you are not lucky on a particular day. This convenience is only made possible by the likes of Betsafe and 22bet. If you take our word, we would definitely suggest you to give one of these a try. Who knows, maybe today is your lucky day? Start with one Canadian dollar!

Liam Smith

Chief editor