$5 Deposit Casino: Our picks for the best $5 minimum deposit online casinos

Getting off on the right foot with legal casino apps in the U.S. can come as easily as signing up with $5 deposit casinos, giving first-time players access to hundreds of casino games online by just making a real-money deposit of at least $5. Here, learn about the best $5 deposit bonus codes, how to sign up, and how to make the most out of that deposit.

Only a select few real money online casinos allow for minimum deposits of $5, and fewer still have new-user welcome bonuses that require only a $5 minimum deposit. 

Simply speaking, $5 deposit online casinos are exactly as they sound: platforms that allow users to fund their online casino accounts at the low cost of $5. One of the biggest reasons players prefer $5 deposit online casino USA operators is the lower barrier of entry into the iGaming world and experience the thousands of popular games while unlocking casino bonuses. That is just one of several upsides to $5 minimum deposit online casino offers, but there are a few drawbacks as well.

There are a number of legal $5 deposit casinos available for users, but only a select few stand out from the rest of the pack – especially for users in leading markets like Michigan, New Jersey and Pennsylvania.

One of the more synonymous brands when it comes to legal gambling, Caesars Palace Online Casino is the flagship platform for Caesars Entertainment. The visually appealing mobile app and desktop site make navigating the library of 2,000+ games relatively simple.

It's not just the game selection that makes Caesars Palace attractive, though, as the online casino frequently rolls out promotions and leaderboard contests for existing players, all of whom get a shot at huge casino rewards and bonuses.

The Caesars casino bonus code SPORTSLINE2500 includes a $10 bonus credit just for signing up, as well as a deposit match up to $1,000 in casino credits. This offer is for Michigan, PA and NJ. In WV, the maximum offer is even more. 

With DraftKings Casino, users gain access to one of the leading legal casino apps in the country – one that began as a daily fantasy sports operator, transitioned to regulated sports betting, and then launched an online casino platform that experts frequently rank as one of the best in the game.

DraftKings Casino boasts hundreds of popular online casino games for real money as well as exclusive titles that cannot be found anywhere else, including DraftKings Rocket and DK Digits. The easy-to-navigate online casino app allows users to filter through the wide selection of casino games online, while existing users will regularly come across promotions and have access to daily rewards.

The DraftKings Casino promo code unlocks a play $5+ and get 500 casino spins on Cash Eruption games offer, plus a 24-hour lossback up to $1,000 in casino credits.

Another DFS-to-sportsbook-to-casino brand, FanDuel Casino, has performed as a revenue market leader in each jurisdiction it operates. That is a testament to a seamless integration between all of its products – including the sportsbook and DFS apps – that allows players to use a shared wallet across all of their FanDuel accounts.

The casino's standing is also a reflection of its vast library of games that has dramatically increased in recent years to include not only popular titles that can be found on other platforms but also exclusive games only available to FanDuel Casino users.

The FanDuel Casino promo code includes a welcome offer that requires a deposit of $10+ to get 500 bonus spins and $40 in casino bonus credits.

In the family of DraftKings, after the company acquired Golden Nugget in 2022, the Golden Nugget online casino promo code features a similar new-user welcome bonus of up to $1,000 in lossback casino credits and 500 spins for Huff N' Puff slots, as well as many of the same popular online casino games.

Golden Nugget also offers a deep selection of live dealer games that rivals the biggest brands in the industry, particularly in the live dealer blackjack space, which complements a good variety of game shows, roulette, and baccarat, among others. The casino app's interface is also one of the sleekest and most user-friendly in the country, allowing players to easily filter through the hundreds of games to find one to their liking.

When funding their accounts, users at $5 deposit online casinos have an array of payment method options, ranging from debit cards to digital wallets like PayPal and Venmo to wire transfers and online banking.

Most customers prefer to go the way of debit cards and e-wallets, as they provide quick, easy, and secure ways to make real-money deposits, which are typically processed instantly.

As for withdrawals, the fastest payout casinos tend to process requests within an hour, if not in mere minutes. The fastest $5 casino payments usually are debit cards, PayPal and Venmo, while some casino apps will also have fast withdrawals through online banking, Play+ prepaid cards and Apple Pay.

Getting started with a $5 minimum deposit online casino is a simple process that takes only a few minutes and a couple of steps:

Speaking of payment methods, here's a glance at what options are available at $5 deposit casinos:

While it is a smaller group, online casino bonus codes that only require a $5 minimum deposit provide plenty of incentive for first-time players. These welcome promos offer multiple types of bonuses for first-time players, with lossback casino credits, bonus spins and deposit match credits the more common options.

The DraftKings Casino bonus offers new users 500 bonus spins as well as up to $1,000 in lossback casino credits after players deposit and bet $5. The 500 spins are eligible only on the Cash Eruption series of slots and are issued over a 10-day span. That means customers will need to log in each day for 10 straight days to claim each daily bundle of 50 spins in order to reach the 500 total.

As for the lossback casino credits, after users sign up and bet $5, DraftKings Casino will begin tracking their net losses on eligible games over a 24-hour period. Players who have a net loss total of at least $5 at the end of that timeframe will receive matching casino credits. So, for example, if you won $25 but lost $50 within the first 24 hours, you are eligible to receive $25 in casino credits.

The lossback bonus carries a 1x playthrough requirement, which must be satisfied within seven days, meaning a player who receives $25 in casino credits needs to wager $25 in real money to convert the bonus and associated winnings into withdrawable cash.

Users who sign up with the Golden Nugget online casino promo code will find a similar welcome bonus to DraftKings. After betting $5, first-time players will receive up to $1,000 in lossback casino credits plus 500 bonus spins that are eligible on select Huff N' Puff slots.

Like the DraftKings casino bonus, the Golden Nugget offer involves the operator tracking users' net losses within the first 24 hours after making their first real-money wager of at least $5. The casino credits also have a 1x wagering requirement in order to become eligible for withdrawal, and must be completed within seven days.

With $5 deposit casinos, players have access to hundreds and hundreds of popular casino games online. Finding the right match for you will no doubt depend on personal preferences, like Hollywood- or sports-inspired titles. 

Most players prefer games with higher return-to-player (RTP) rates, which indicate projected frequency of payouts for users – meaning customers at $5 deposit online casinos could theoretically get more bang for their buck. Users can locate RTP rates of games by clicking on a title and reviewing the details of the game on the next page.

Popular online slots for real money with higher RTP rates include:

Four of the top online casinos in the U.S. allow for $5 minimum deposits: Caesars Palace Online Casino, DraftKings Casino, FanDuel Casino and Golden Nugget Casino

The two $5 deposit casino bonus offers that may be preferable for players come from DraftKings Casino and Golden Nugget Casino, both of which offer up to $1,000 in casino credits and 500 bonus spins (for Cash Eruption games at DraftKings, for Huff N' Puff slots at Golden Nugget) after users deposit and wager at least $5.

Yes, provided that players are at least 21 years old and otherwise eligible to play casino games online while also being physically located in a state with licensed online casinos.

Yes. All online casinos mentioned and reviewed here are legal and licensed by state regulators in the U.S. after they satisfy a wide range of requirements to ensure that their games are fair and that operators can protect the personal and financial information of its customers.

There are hundreds of casino games online to choose from, and which games to go with depends on personal preferences. In terms of games that have higher return-to-player rates, Mega Joker (99%), Blood Suckers and White Rabbit (98% each) boast one of the highest RTP rates in the industry, meaning players are more likely to come away with wins, albeit not as lucrative as most other casino games.

Users have plenty of payment options for $5 deposit casinos, including: online banking, PayPal, Venmo, Apple Pay, debit cards, VIP Preferred e-check/ACH, Play+ prepaid card, PayNearMe and credit cards

In terms of satisfying playthrough requirements for bonuses that come with $5 minimum deposits, each online casino may have certain restrictions on which games are eligible to play. Outside of that, though, nearly every casino game online offers minimum bets that are well within the $5 deposit limit.

Both DraftKings Casino and Golden Nugget Casino bonuses have 1x playthrough requirements on lossback casino credits, meaning whatever amount in credits users receive, they will need to wager in real money to make the bonus eligible for withdrawal.

Players cannot withdraw bonuses or associated winnings at $5 deposit casinos until they satisfy playthrough requirements. But once users meet those standards, they can withdraw at any time. Beyond the welcome bonus requirements, online casinos typically pay out within 24 hours, depending on the payment method.

Yes. All $5 deposit casinos mentioned and reviewed here are available for download at the Apple App Store and Google Play Store.

Gamble responsibly. Bettors must be 21 years or older and otherwise eligible to register and place wagers at online casinos. If you or someone you know has a gambling problem, please seek assistance from trained professionals such as the Problem Gambling Help Network at 1-800-MY-RESET or visit the website for the National Council on Problem Gambling. 

Grant Lucas