Minimum-deposit online casinos seem to be a new trend these days, and many gamblers start wondering what these casinos do and whether they are safe.
A minimum deposit sounds attractive but online casino gamblers may grow suspicious and ask why would an online casino take less money when it can take more money.
In this post, we discuss what are low-deposit casino sites, whether they are safe, and what additional benefits the player can expect from minimum deposits.
What Is the “Minimum” Deposit?
Different players have different budgets and what one considers a high deposit limit others can consider a low one. This is why the minimum deposit limit means a lower deposit than the majority of online casinos accept across the niche.
At the time of writing this post, an average minimum deposit limit is 20 to 35 CAD or equivalent in other currencies. Such a deposit is eligible for a Welcome Bonus or can be used immediately for gambling.
Therefore, eligible deposit limits from 1 to 15 CAD qualify as “minimum”. The most widespread low deposit limits you can find are
- $1
- $3
- $5
- $10
- $15
The main nuance of low-deposit casino sites is that these minimum deposits give the customers the same opportunities that bigger deposits allow. If you want to learn more about such opportunities please check out the $1 minimum deposit casinos on CasinosHunter.
Why Do Online Gaming Sites Offer Low Deposits?
One may ask why would an online casino allow players to deposit less if they can deposit more and therefore this casino site gets more money. Where’s the catch?
There is no catch if the casino is legit and reliable. And the reason why is that online casino gamblers are naturally interested in the opportunity to invest less money and face lower financial risks. Choosing between a low-deposit online casino and a standard one, if they are similar in other aspects, the majority of players will choose the low-deposit one.
In the online casino gambling niche, the competition is impressive. Some casino brands have been around for 20 years, but every year, new casino sites arrive and new operators enter the market. The competition only gets tighter and allowing lower deposits is one of the efficient ways to attract more customers.
Are Minimum Deposit Gaming Safe?
As an online casino in the industry, low-deposit sites can be considered safe if
- they are licensed by the relevant agencies
- they have additional certifications, awards, or seals of trust
- they have a positive reputation online
- they work with reliable payment processing companies
- they offer games by high-quality software providers
Regardless of the deposit limits or other marketing tools, online casinos must be legit and licensed, protect customers’ data, and provide Responsible Gambling tools and limits. If a low-dep casino has what it takes to be legit, it can be considered safe enough for real-money bets and wins.
Minimum Deposit Bonuses
These bonuses are attractive enough but most of the best minimum deposit casinos in Canada that offer them take it a bit further and offer bonuses on top of low deposits. Some casinos offer a pack of Free Spins on a particular slot game. Other casinos can offer a cash match bonus of up to 100 – 400 CAD; the more the player invests the bigger the bonus they get.
The lower the deposit limit the higher the bonus wagering requirements and this is standard, but when a player deposits only $1 or 1 CAD, meeting x200 wagering requirements is a fair rule. When the minimum deposit is $5 or $10, the wagering requirements vary from x30 to x70.
Most online casinos use this combination of low deposits and deposit-based bonuses to successfully attract players.
Games With Minimum Deposits
It may seem that very few online casino games can be available when the deposited balance is only $1 or $5. However, in reality, even $1 on the balance can be okay for testing a slot game out. Some slots allow minimum bets from $0.1; with $1, one can make 10 bets and win enough money to continue playing. Having $5 on the balance is just right for playing some slot games, and if the player has a bonus attached to the deposit they can hope to win even more.
Therefore, most minimum deposits allow for playing slot games, progressive jackpots, and automated table games. With an active bonus, the list is a bit shorter but still enough for having fun.
