DraftKings Sportsbook : Widely recognized as having one of the lowest entry barriers, DraftKings allows an initial minimum deposit of just $5 for most payment methods. (Note: While a $5 deposit is allowed to fund your account, double-check specific welcome offers, as some sign-up promotions may require a slightly higher qualifying bet).[](https://sportsbook..com/sportsbook)[[2]()](]()]()
BetMGM, Caesars, and Fanatics : These major sportsbooks typically set their standard minimum deposit at $10 for most online banking methods, debit cards, and e-wallets like PayPal.[](https://oddsplays.com/us/sportsbooks/minimum-deposit/)
Tip: Keep in mind that while the app might let you deposit $5, certain payment processors or specific deposit methods (like wire transfers or VIP preferred e-checks) can carry higher minimums than standard debit cards or PayPal.
If you have a preferred payment method (like PayPal, Apple Pay, or a specific debit card) or a particular state you are betting from, let me know and I can verify the exact minimums for those options!
If you're in Nevada, the options are different from most states. Nevada requires in-person registration for mobile sportsbooks, and DraftKings and FanDuel aren't currently operating Nevada sportsbook apps.
For a very small initial deposit:
BetMGM — its current Nevada promotion requires at least $10, and its official Nevada page confirms the $10 deposit threshold.
William Hill Nevada — its FAQ says you can deposit any amount you want; however, you must register at a participating Nevada sportsbook location.
Other Nevada books — Caesars, Circa, STN Sports, SuperBook and others are available, but their minimum deposit amounts vary and should be checked directly before funding an account.
If you're outside Nevada, the answer changes considerably. For example, DraftKings' U.S. help page currently states a $5 minimum deposit.
If you tell me what state you're physically in, I can look up the currently available legal apps and identify the ones with $5, $10, or lower minimum deposits.
If you're looking to start sports betting with a small amount of money, the key thing to compare is the minimum initial deposit required to fund your account, rather than the minimum bet size.
Since you're in the United States, availability depends on your state, and deposit minimums can vary by payment method. Also check for withdrawal minimums, fees, and bonus wagering requirements before depositing.
Sports betting platforms with low minimum deposits
These are established U.S. sportsbook brands with reported low entry amounts. Minimums are generally for USD deposits and can vary by state and payment method.
DraftKings Sportsbook
$5
Reported minimum deposit
Supports payment options including debit cards, online banking and digital wallets, depending on location.
Minimums above are reported figures, not guaranteed live cashier limits. Confirm the amount shown in the official app before funding an account.
One important detail: are you in Washington State?
If you're physically in Washington State, traditional online sports betting is generally limited to approved tribal sportsbook operations on tribal lands; the national mobile apps listed above may not be available for placing bets where you are. Check local rules before depositing.
Which state will you be betting from? I can narrow this down to platforms legally available there and compare their actual minimum deposits.
Here are prominent online sports betting platforms known for accommodating low or minimal initial deposits (typically $5 to $10), making them accessible for casual or low-stakes bankrolls:
FanDuel Sportsbook — Generally offers low barriers to entry with minimal deposit thresholds and low-stakes betting options that let smaller balances go further.
— Frequently sets its minimum deposit requirement at for entry into its sportsbook and welcome offers depending on the state.
DraftKings Sportsbook stands out with a minimum deposit requirement of just $5 for many popular payment methods, alongside very low minimum wagers starting around $0.10. You can check out their platform details on the DraftKings Sportsbook Guide via OddsPlays.[](https://oddsplays.com/us/sportsbooks/minimum-deposit/)
Hard Rock Bet requires a minimum initial deposit of $5 in several of its active states, making it another accessible choice for lower-stakes bankrolls. Learn more via the Hard Rock Bet Review.
FanDuel and BetRivers generally set their standard minimum deposits at $10, which remains on the lower end for the industry and pairs with user-friendly minimum bet limits. Details on setup and options can be found via platforms like BetRivers Promo Info or general market overviews on Fox Sports Betting.[](https://www.foxsports.com/stories/betting/sportsbook-promo-bonus)
Note: Minimum deposit limits can occasionally vary depending on your chosen payment method (such as PayPal vs. traditional wire transfers or specific debit cards).
If you'd like, let me know:
Your state or region so I can verify which of these platforms are legally available to you.
Your preferred payment method (PayPal, debit card, Apple Pay, etc.) to double-check specific deposit thresholds.
If you're looking for an online sports betting platform with a very low initial deposit, I'd focus on options that let you start with around $5–$10. However, the most important factor is whether the platform is legally available where you're located.
As of October 2026, South Carolina does not have a legal, state-licensed online sportsbook market. Major sportsbooks such as DraftKings and FanDuel therefore aren't available for placing regular sports bets from within the state.
Low-deposit alternatives to consider
These platforms offer sports-related paid contests or picks rather than traditional sportsbook betting.
1. PrizePicks
Hard Rock Bet
$5
BetRivers — Known for catering well to lower-stakes bankrolls and budget-conscious players looking for flexible deposit and play options.
Offers fantasy contests involving football, basketball, baseball and other sports.
Its official site advertises a promotion requiring a first deposit of $5 or more; this is a promotional threshold, not necessarily the standard minimum deposit.
If your priority is depositing as little as possible, start by comparing the $5 DraftKings Fantasy offer with PrizePicks' $10 minimum. Check the terms before funding an account, since promotional credits may not be withdrawable as cash.
One important distinction: daily fantasy contests and sports picks are not the same as placing conventional bets on a sportsbook.
Are you looking specifically for traditional sports betting (moneyline, point spreads and parlays), or would fantasy picks and sports predictions work for you too? I can narrow the options accordingly.
