Recommended bookies with a low minimum bet stake amount!
After Boylesports and William Hill the minimum bet stake amount slowly rises, the twelve best online bookies we list below all have a minimum bet stake amount of less than £1:
|Min Deposit Amount
|Min Bet Size
As you can see different betting sites have different minimum bet limits, there is no rule that the limit must be a certain size. Minimum bet amounts help you to maximise the number of bets which you can place, you do not need to have "All your eggs in one basket" so to speak. Low minimum bet amounts allow you to test your sports betting strategies and systems at the bookies for real but without threatening your overall bankroll whilst they are under development. Once a winning strategy is identified with low betting stakes, of course, you are free to ramp up the bets later on.
Low bet stakes (especially micro stakes like 1p) are best to be used when betting on relatively high odds, a minimum of 3/1 would be recommended. If you are betting at odds less than this, the winnings would not be divisible by less than 1p, so your winnings will be rounded down. Do not worry about not having many winners at long odds because if you deposit £10, and bet 1p a time, you get a massive 1000 different bets to experiment with.
The main advantage to low minimum bet stakes when betting online is that whilst testing strategies losses are probable but it is unlikely to concern you. There is no tendency or desire to win any losses back immediately causing a player to "tilt". Even if you lose 20 bets in a row if they have only cost you 20p total you are likely to just shrug rather than be upset about it.
Our best no deposit betting site
CopyBet is an innovative new bookmaker and it is unique in the UK market because it offers customers a no deposit Free bet. Just download the App and verify your account. In addition to this the platform allows users to copy the bets of experienced and successful bettors, providing an excellent opportunity for novices to learn the ropes while still making informed bets. The no deposit feature is a significant advantage, allowing users to test the platform without investing your own money. Overall, CopyBet is a fantastic no deposit bookmaker for those looking to try their hand at sports betting without the financial commitment.
- Genuine risk free betting with their no deposit bonus
- A chance to copy and learn from experienced bettors
- Social interaction along with your bets
Betting Sites With Low Deposits Explained
This refers to the minimum (and by that we mean lowest) amount that you can stake on any one given bet. Every bookmaker is free to set their own minimum bet limits and we have listed some of the best below:
The best betting sites with the lowest possible minimum bet amounts are the online bookies:
- Ladbrokes minimum bet - 1p
One of the UK's oldest and largest bookmakers we are not surprised to see them give customers the maximum amount of betting flexibility, accepting bets from as little as just 1 pence.
- Boylesports minimum bet - 1p
The largest bookmaker in Ireland and one of the most professional there is, BoyleSports are amongst the front runners for allowing the minimum possible bet stake, matching the other leaders at just 1 pence.
Minimum Deposit vs Minimum Bet
There is incredibly little correlation between making a minimum deposit and making minimum sized bets. It is possible that someone would do both, but it is equally possible that someone might deposit a large amount as a one off for the football season, and then proceed to make minimum bets through the year with that balance. Alternatively, someone could make a minimum sized deposit initially, have a lucky accumulator win, and for as long as they have a balance now bet £100s at a time.
Pros & Cons of Low Deposit Betting Sites
As with literally everything in life, there are both pros and also cons when it comes to low deposit betting sites. We will list a few of the main ones below:
Encourages responsible gambling - Low deposit betting sites can help promote responsible gambling habits, as they encourage players to only bet with what they can afford to lose. This can prevent users from getting into debt or facing other financial issues as a result of excessive gambling.
- Budget-friendly - Low deposit betting sites cater to players with smaller budgets, allowing you to enjoy the thrill of gambling without requiring much money to get started.
- Lower Winning Potential - With low deposit betting sites, you are usually limited to placing smaller bets, which means that your potential winnings are also smaller. This can be frustrating for players who are looking for big wins from their bets. Additionally, some low deposit betting sites may have lower odds compared to those with higher deposit requirements, further reducing the potential for large winnings.
- Limited Bonuses and Promotions - Low deposit betting sites often provide fewer bonuses and promotions to their users. This is because they need to maintain their profit margins, and offering generous bonuses can be challenging when users are depositing smaller amounts.
All deposit methods for low stakes betting
Betting with a debit card offers a quick, secure, and convenient way to place wagers online. Funds are directly withdrawn from your bank account, providing instant access to your balance for placing bets. Debit cards are widely accepted and often have a £5 minimum deposit amount.
Betting with PayPal offers a secure and convenient method for online gambling enthusiasts. With a low minimum deposit amount, users can seamlessly fund their accounts and enjoy a hassle-free betting experience, while benefiting from PayPal's robust protection measures and swift transaction processing.
Neteller offers a secure, fast, and convenient way to fund your online gaming account. The minimum deposit amount is set by each betting site individually but transfers can be made for as little as £1.
Betting with paysafecard allows you to maintain anonymity while enjoying sports betting online. Simply purchase a paysafecard voucher from your nearest shop that sells them.
In shop payments
If you have an online betting account at a bookmaker who also has a high street presence then the chances are that they will operate a card scheme allowing you to use cash in the shop to fund your online account. If this is the case the minimum amount that can be deposited is usually £1.
Pay by phone (Boku)
It is even possible these days to deposit into betting sites using your mobile phone contract as a form of payment, the deposit amount is simply added to your next bill. The most common method of doing this is with a 3rd party payment system known as Boku. It does however have a very high minimum deposit amount of £20.
Low Deposit Betting Bonuses
If you are depositing a low amount (in this example defined as £5) it is still possible to be rewarded with a Free bet or Free bets. It is a pretty common to see welcome offers where £5 deposits and initial bets are rewarded with Free bets worth multiple amounts of this, often £20.
Some bookmakers offer exceptional value on the weeks biggest sporting events with odds that dwarf the market average. The only condition of these is that the stake amounts which can be wagered are very low, sometimes £5 and sometimes as little as £1. These low deposit bonuses are still great value.
Making the Most from Small Bets
One of the main attractions of accumulator bets is the possibility of turning a small stake into a large payout. However, it's important to remember that the odds are high because so are the chances of losing. An accumulator bet can also be known as an "acca" or a to Americans a "parlay," is a single wager that combines multiple individual bets into one. Typically, accumulator bets are placed on one type of sporting event and usually football or horse racing but there is nothing to stop any sport or any bet type being included in an accumulator.
This betting strategy is popular among punters who want to spread their risk across multiple events, providing a level of insurance against just one losing bet. The most common type is known as a patent bet. This consists of seven separate bets that involve three selections, and there is one single bet on each selection, three doubles, and finally a triple. Even if one bet lets you down three of your seven bets will win. You can bet small stakes on these bets as well but remember your stake per line will be multiplied by seven, so if you enter 50p, it will cost you £7.50.
Just by having an account and keeping it active by placing small bets now and then will see you eligible to enter many free-to-play games. Certain casinos may give away Free bets, Free spins, or even cash bonuses to accounts through a mixture of skill or pseudo skill games.
An added advantage of placing a bet, even a small one, is that it allows you to watch a live stream of the event you have bet on at the majority of betting sites. Some allow you to watch them just by having a funded account with as little as 1p in there. So if you are eligible for these perks, if you want to watch some sport, you always have that option.
Biggest Wins with Small Bets
There are two public accounts of small stakes horse racing bets winning over £1,000,000! There could well have been others where the recipiant has chosen to remain annonymous, but the two that we know about are:
Fred Craggs - 50p bet
Fred Craggs became a millionaire on the eve of his 60th birthday back in 2008 after placing a remarkably lucky 50p bet. His horse racing bet was not limited to just one meeting but covered all types of races from all around the world, jumps, on the all-weather, and even as far afield as Nad Al Sheba. The combined odds of these horses was a massive 2,000,000/1 which he placed in his local William Hill betting shop. He did not actually watch the races and did not know that he had won until the next day.
Steve Whitely - £2 bet
Steve Whitely managed to land an enormous £1.45m from just a £2 bet which he placed in March 2011. He placed the bet at his local course (Exeter) and it was a Tote placepot bet. His five selections ranged from 2/1 right out to 16/1 and he was as surprised as anyone watching them all come home first!
Top betting sites
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Frequently Asked Questions:
All bookmakers will have a different minimum deposit amount, the standard amount is between £5 and £10. To learn exactly what the deposit minimum is at each bookmaker be sure to read one of our bookmaker reviews.
You would be forgiven for thinking the answer is yes, given the vast number of sports covered, the number of leagues, the policitcal and TV specials markets and of course the ability to request a price for anything you wish via Twitter with a number of firms. However... some things are off limits, you can not bet for example on somebody elses (or your own) death.
There is no easy answer to this, for an individual bet the lower the odds then the chances are that bet will have a greater chance of winning. For long term profits, you need to bet on value, and that is not correlated to low odds.
From the UK bookmakers, the lowest possible bet stake amount is just 1p at either Ladbrokes or Boylesports.
The minimum bet stake amount at Bet365 is 10p which is around the average for a UK bookie.