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Our betting experts review and compare the top £5 deposit betting sites for various sports including horse racing and football.
Best £5 Deposit Betting Sites 2024
Being able to bet on sports with just a £5 outlay will appeal to many punters on a small budget. However, when claiming a bonus on £5 deposit betting sites, there are considerations to make.
Firstly, you may need to deposit more than the £5 minimum to participate in a promotion. Some payment methods may also not support such small deposits.
Below are the leading £5 deposit betting sites chosen by our team of experts. We’ve also explained how to claim the welcome bonus from each bookmaker.
1. Betway Sports
As a £5 deposit betting site, Betway Sports has a welcome package that caters to low-deposit customers. For seven days after you register, you can claim a free matched bet with a minimum deposit of £5.
Betway also provide new customers with 100 free spins for the Gold Blitz slot on their casino site.
To receive the free matched bet, you must bet between £5 and £30 on a football or horse racing multiple with 3+ selections with accumulated odds of at least 2/1. The matched bet will be credited to your account within an hour of your qualifying bet being settled.
2. Bet365
One of the leading £5 deposit betting sites, bet365 has a free bet offer for new UK bettors. You can claim a 300% free bet bonus on your first deposit of £5 or more.
More specifically, a £5 deposit will net you £15 in free bets, but if you deposit £10, you can claim £30 in free bets.
Either way, you’ll need to make a qualifying bet that matches your deposit value and choose a sports market with odds of 1/5 or higher.
Bet365 are consistently found to have some of the best odds on football, horse racing, golf and snooker betting.
3. Betfred
You can place bets on Betfred by depositing £5 through debit cards, PayPal, Neteller, Paysafecard and Skrill.
However, if you want to claim the Betfred welcome bonus, you need to deposit at least £10.
For that, Betfred will give you £50 in bonus funds when you bet £10 on any sports market with odds of evens or better. You must use a debit card to make the qualifying deposit, and you have seven days to claim the bonus after opening your Betfred account.
4. William Hill
William Hill is one of the best gambling sites on the UK market and they cater for low-deposit customers by allowing £5 betting deposits.
However, this low deposit can only be made with debit cards and will not be enough to qualify for the current William Hill sign-up offer.
To claim their welcome offer, you’ll need to fund your William Hill Sportsbook account with at least £10. Then, make a minimum wager of £10 to receive £30 in free bets.
5. BetVictor
BetVictor allows you to deposit from £5 if you use Apple Pay or debit cards to fund your UK betting account.
Although, like many £5 deposit betting sites, you will need to deposit at least £10 if you want to access the welcome bonus.
To claim the new customer deal, make a £10 bet on any football market with odds of evens and you'll receive £40 in free bets on select markets.
How We Chose the Best £5 Deposit Betting Sites
We want to make it easy for UK punters to find the best £5 deposit betting sites so we have put all low-deposit bookmakers through our multi-step review process, paying close attention to the following criteria:
- Deposit Limits: The first thing we look for when picking £5 deposit betting sites is the minimum deposit. We make sure you can start betting from a minimum deposit of £5.
- Payment Methods: Payment flexibility is important, so we pick bookmakers with plenty of payment methods. We also expect betting sites to accept £5 from multiple banking options, such as debit cards and Apple Pay.
- Eligibility With Promotions: Some UK online bookies offer £5 deposits but require a bigger payment for bonuses. For example, you can start betting from £5 but need to deposit £10 to activate the promotion.
Benefits of £5 Deposit Betting Sites
Being able to make £5 deposits on a betting site can be advantageous for the following reasons:
- Budget-Friendly: Being able to deposit £5 will suit most bettors on a low budget
- Test a Bookie: Making a small £5 investment makes it easy to test the waters before fully deciding if a new bookmaker is right for you
- Claim Bonuses: Some top UK betting sites and betting apps allow players to claim free bet welcome bonuses with a small deposit of £5
Tips for Betting with £5 Deposits
Needless to say, your £5 deposit may not go that far, but it is enough to test the betting action with a UK bookmaker. The following tips can help you extend that £5 deposit:
- Accumulator Bets: If you do want to use your £5 all at once, an accumulator bet is a good option. An Acca allows you to combine multiple markets, and if all of your selections win, you get a bigger payout. For example, choose five markets with overall odds of 20/1 on one of the best accumulator betting sites and you'll make a £100 profit if your long-shot bet is successful.
- Bonuses: If your bookie accepts £5 deposits for promotions, claiming the bonus is one way to extend your betting bankroll with free bets. Beware that some £5 deposit betting sites will ask for a minimum £10 deposit to activate a bonus.
- Ante-Post Bets: Ante-post betting is a way of making a long-term prediction at higher odds. If you have the patience to wait for a bet to be settled in the future, try investing your £5 deposit on a sporting event that won't be settled for a while.
Popular Payment Methods for £5 Deposit Betting Sites
The top UK sports betting sites offer a selection of flexible payment methods for all types of players. You can pick between debit cards, e-wallets, prepaid cards, and traditional banking:
- Visa Debit
- Visa Electron
- Mastercard Debit
- Maestro
- PayPal
- Apple Pay
- Google Pay
- Bank Transfer
- Paysafecard
- Neteller
- Skrill
- Trustly
However, before claiming a promotion on a £5 deposit betting site, read the T&Cs to see which payments are eligible for the bonus.
Please Gamble Responsibly
Gambling can be addictive and betting can quickly become compulsive if you're not careful or if you're not aware of the dangers when you first begin betting.
Whether you're a seasoned punter or you're new to betting, we advise you to make use of responsible gambling tools available on betting sites such as:
- Deposit limits - users have the ability to limit the amount they can deposit
- Reality checks - set up notifications to prompt you to be mindful of how long you've been active
- Time outs - users can self impose a cooling off period if they're concerned about their betting habits
All operators regulated by the UK Gambling Commission must give users the option to self-exclude and this tool should be utilised the moment a customer realises their gambling has become problematic.
Should you wish to seek help for gambling-related harm, there are several UK charities and institutions you can turn to for support, advice and information:
Best £5 Deposit Betting Sites: The Independent View
If you’re on a budget or you're new to gambling, a £5 deposit betting site is the best way to get started.
We recommend going with the bookmakers who allow you to claim a bonus off the back of a £5 deposit when signing up, namely Betway and bet365.
Rest assured that all operators listed on this page are safe betting sites and are fully regulated by the UK Gambling Commission.
£5 Deposit Betting Sites - FAQs
Updated by
Editorially reviewed by
Last Updated: 8th May 2024, 04:43 PM
