Best $5 deposit casinos in Canada for 2023
Enjoy your favourite casino games and start gambling online today for as little as $5! Discover our top $5 deposit casinos.
Top $5 deposit casinos in Canada
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Ruby Fortune Casino
Platinum Play Casino
What is a $5 deposit casino?
By Lauren Le-Hair – Gambling Writer | November 2022
Many Canadian casinos require you to fund your account with $10 or even $20 to claim bonuses and play games. With a $5 deposit casino, you only need to deposit (yes, you’ve guessed it), $5 to begin playing. Apart from $1 deposit casinos and no deposit casinos, this is one of the lowest minimum deposits an online casino can offer.
Ideal for budget bettors, $5 minimum deposit casinos still permit deposits of $10 or higher. While these casinos aren’t as easy to track down as regular casinos, they offer the same great entertainment for a fraction of the price, so it’s worth keeping an eye out for them.
Which are the best $5 deposit casinos in Canada?
You’ll find plenty of great $5 minimum deposit casino options as a Canadian player. Here’s our pick of some of the best online casinos that accept $5 deposits:
1. JackpotCity Casino
You’ll feel as if you’ve hit the jackpot in a glitzy Las Vegas casino when you discover all JackpotCity Casino has to offer Canadian players. An extensive games library – encompassing slots, table games and live dealer games – powered by the industry-leading provider, Microgaming, and an incredible $1,600 welcome bonus hide behind JackpotCity’s luxurious doors.
2. Spin Casino
This leading Canadian online gambling operator opened in 2001 and has been offering top-quality online slots, table games and live dealer casino games ever since. In fact, you’ll soon uncover over 600 games within Spin Casino’s jam-packed library. And that’s not to mention the site’s state-of-the-art software and mobile functionality.
3. Ruby Fortune Casino
Move over diamonds – rubies are a girl’s best friend, and Ruby Fortune Casino has proven itself to be the BFF of players across Canada. Indeed, new players are welcomed in with a $750 bonus offer. If you pair that with Ruby Fortune’s stocked games catalogue, stellar security and 24/7 support, you’re looking at one of Canada’s best online gambling sites.
4. All Slots Casino
As it says on the tin, All Slots Casino is the place to go if you’re a fan of all things slots. The online casino boasts hundreds of noteworthy titles and is constantly adding to its portfolio with thrilling new games to keep even the most discerning slot fans entertained. Of course, if that doesn’t take your fancy, then you can also enjoy any of the table games on offer.
5. Royal Vegas Casino
Royal Vegas Casino site caters explicitly to players from the Great White North, offering Canadian-specific payment options (Interac, we’re looking at you), CAD-friendly payments and promotions specifically for Canadian bettors. Speaking of promos, new users can bag a $1,200 welcome offer with their first $5 casino deposit at Royal Vegas.
How to choose a $5 deposit casino
Aside from low minimum deposits, there are other aspects you should take into consideration when picking your $5 deposit casino. Canada-specific payment options, casino bonuses, wide-ranging game portfolios, 24/7 customer support, fast payouts, excellent mobile capabilities and topnotch security are all areas you’ll need to consider when searching for the best $5 deposit.
Fortunately for you, you won’t need to look far. The $5 deposit casino sites recommended in this guide offer all that and more thanks to our strict rating process, which evaluates all these factors. Find out more about how we rate.
Low deposit free spin bonuses
How does spinning the reels of the best slot games with a boosted bankroll sound? If you said ‘amazing’, ‘incredible’, or something to that effect, then free spins bonuses are what you need.
Yet, just like any other casino promotion, free spins come with T&Cs you’ll need to bear in mind. For example, as per your bonus wagering requirements, you’ll have to play through your free spins’ winnings a specific number of times before cashing out. Similarly, many free spins bonuses come with winning caps, which refer to the maximum amount you’ll be able to win and withdraw.
Types of low deposit bonuses and promos
Canadian players have ample opportunity to up the ante at online casinos with a minimal deposit. Casino bonuses and promotions allow you to boost your playing bankroll and try games without spending an arm and a leg. The $5 deposit casino sites on this page offer a wide range of promos, giving you the chance to grab great perks and prizes.
From welcome packages to no-deposit bonuses, let’s take a closer look at the most popular $5 deposit bonus casino offers at our recommended sites.
Welcome bonuses are available for new players registering and placing their first deposits. While welcome offers come in all shapes and sizes, a typical welcome bonus may look something like this: a 100% deposit match of up to $500. This means that the casino will match your deposit of $500. Of course, you’ll need to check the T&Cs carefully and factor in any wagering requirements to fully understand the terms of the bonus.
$1 deposit bonus
With $1 casino bonuses, you only need to fund your online gambling account with as little as $1 to claim generous offers. Most $1 promotions are free spins offers and while you won’t find them hugely generous, they will allow you to extend the online gaming fun without spending a fortune.
Ideal for slots fans, free spin offers provide you with a specific number of spins on a particular online slot game, for instance: deposit $5 and get 25 free spins. They can be offered as part of a package or as a standalone bonus by an online casino.
While free spins are typically only available on a limited selection of slot games when offered as a standalone bonus, many Canadian online casinos reserve this promo for the most popular or newest games. On the other hand, you’ll find greater game variety when casinos offer free spins as part of a match deposit.
No deposit bonus
You don’t need to place a qualifying deposit to claim rewards from no deposit bonuses. In most cases, you’ll simply have to register an account. No deposit promos typically comprise free spins or bonus funds.
Given that they require zero financial commitment, but you can still win real money, these types of bonuses are unsurprisingly highly sought-after. But because of this, you may encounter higher wagering requirements attached.
Wagering requirements for $5 deposit bonuses
We’ve mentioned the term ‘wagering requirements’ a few times already in this guide, but what exactly does it mean? Almost every online casino bonus will come with a wagering requirement of some kind. The term refers to the number of times you must play through (or wager) your bonus funds or free spins winnings before being able to withdraw it from the casino.
For example, say you place a $5 casino deposit and claim 50 free spins with a 15x wagering requirement. If you make $50 from your free spins, you’ll need to wager that amount 15x before cashing out any winnings. So, that means you’d need to wager a total of $750 (50 x 15 = 750). The industry standard for wagering requirements is 35x, but when it comes to low deposit casinos, they can go much higher, with some as steep as 70x.
Popular $5 deposit casino slots
As well as claiming a handsome welcome offer, you will also be able to play some thrilling slot games with your $5 deposit bankroll. If you’re not sure which slot game to choose, we’ve highlighted our top three picks below, which you can start playing with just a $5 casino deposit.
As one of NetEnt’s most iconic slots, Jack Hammer sports a comic book-style theme and a generous 96.96% RTP. Bets range from $0.25 to $250, and you can expect to find tons of free spins, multipliers and wild symbols.
Inspired by the hit Netflix series of the same name, NetEnt’s Narcos includes iconic characters from the series, who feature as its highest-paying symbols. With a minimum stake of $0.20, you can enjoy at least 25 free spins from your $5 deposit. And let’s not forget the free spins bonus round on top.
Lobstermania 2, from the legendary slot developer IGT, offers bets from $0.60 to $600 per spin. This nautical-themed game is the sequel to the classic Lobstermania, a land-based casino classic. You’ll also find a fixed jackpot, wilds and an exciting pick-me bonus game.
Top software providers for $5 deposit games
Along with the likes of NetEnt, Microgaming and IGT mentioned above, you’ll discover many other big-name software providers offer low stake games perfect for budget bettors. Big names such as Playtech, Scientific Games, Pragmatic Play and more provide tons of innovative and exciting games you can enjoy with just a $5 casino deposit.
Popular payment methods for small deposits
Before you start playing at our recommended online casinos with a minimum deposit of 5 dollars, you’ll need to fund your account. Fortunately, there are plenty of banking options you can use when placing $5 casino deposits, including:
Some minimum deposit casinos may only accept a couple of payment options for deposits and withdrawals. You should therefore do your research and check the online casino accepts your chosen payment method before signing up.
How to deposit
Making a deposit at a $5 deposit casino in Canada is easy. Follow our straightforward guide to get started and fund your account within minutes.
Before depositing and claiming your $5 deposit casino bonus, you should read the offer’s T&Cs carefully. This way, you’ll know exactly what to expect when funding your account.
Log into your 5-dollar casino account and head to the ‘Cashier’ tab.
Select your preferred payment method from the list of options.
Input the amount you want to fund your account with. [Remember, you can always deposit more than $5 at our recommended $5 minimum deposit casinos.]
Click the ‘Deposit’ button to finalize the transaction. Depending on the bonus offer, your deposit and bonus funds should appear instantly in your account.
How to withdraw
It’s also just as straightforward to cash out your winnings at a 5-dollar deposit casino in Canada. Check out our simple guide below:
Remember, before withdrawing, you’ll need to verify your account by uploading a valid proof of ID and address.
After completing any bonus T&Cs, navigate back to the ‘Cashier’ section to cash out.
Pick ‘Withdraw’ and select your preferred banking option.
Input the amount you’d like to withdraw, then select ‘Withdraw’ to finalize the transaction.
Depending on your payment method, your funds can take between 24 hours and several business days to appear back in your bank account. Discover the fastest payout casinos in Canada.
$5 minimum deposit mobile casinos
To cater to the ever-burgeoning demand, most online casinos today offer fully optimized mobile casino sites, and even dedicated mobile apps that are compatible with iOS and Android devices, so players can gamble on the go with ease.
You’ll find these mobile sites and apps come with all the same benefits as the desktop version, and more. For instance, with mobile casino apps, you’ll enjoy exclusive app-only features such as personalized filters and alerts.
Pros and cons of $5 deposit casinos
As you’ll likely know by now, $5 minimum deposit casino Canada sites come with many unique advantages. But there are also some disadvantages you need to be aware of. Only then can you determine if these casinos are right for you.
|✅ Minimal risk due to low financial input||❌ Caps your stake size and win potential|
|✅ Lucrative promotions and bonuses on offer||❌ Typically higher wagering requirements attached to low deposit bonuses|
|✅ Great variety of games to try out||❌ Not all slot and table games may be available to you|
|✅ Ideal for new gamblers or those on a budget||❌ Promotions and offers may be less generous|
|✅ Have the option to deposit more if you wish to boost your bankroll||❌ Fewer $5 deposit casino options than $10 or $20 deposit casinos|
Safe and fair gaming at $5 deposit casinos
Your safety is of our utmost concern, which is why at OGCA we only recommend the best online casinos in Canada. Alongside holding valid licensing with reputable regulatory bodies, our recommended sites boast strict security measures to guarantee a safe gaming experience.
For example, thanks to the latest SSL encryption technology, you can rest assured that your private data and financial information will remain protected. Similarly, all our casinos are audited by independent testing agencies to ensure all slots and casino games utilize RNG technology and offer random and fair outcomes.
More on minimum deposit casinos
While there are lots of online casino bonuses that you can claim with a $5 deposit, you can also make a smaller or larger deposit if you wish. Many of the best casinos in Canada also accept $1, $10 and $20 deposits, and you can find out more about all three by checking out the pages below:
You don’t need to look further than this page to find the best Canadian online casinos that accept 5-dollar deposits. Our gambling experts have done the hard work, so you don’t have to. Therefore, you’ll only find $5 deposit casinos with the most generous bonuses, extensive game libraries and the swiftest payouts here at OGCA.
You simply need to fund your online casino account with $5 to start playing games and grabbing attractive promotions at a $5 min. deposit casino. Sure, you can deposit more if you wish, but these sites are ideal for new or budget bettors, or those looking to try out a new casino.
Online slots, table games and live dealer games are all available at our top-rated 5-dollar minimum deposit casinos. Whether you prefer to spin the reels or play your cards right, you can do so for only $5 at any of the recommended sites on this page.
You can find many different promotions available when funding your account at an online casino with a $5 minimum deposit. From welcome offers and free spins to reload bonuses and no-deposit promotions, there’s ample opportunity for you to boost your bankroll with just $5.
There are many benefits to playing with small deposits, but there are also some drawbacks. One of the main cons is that you are limited by your stake size, which in turn affects the amount you can potentially win. Of course, on the flip side, your risk of losing big is greatly minimized when playing with a small deposit.
Absolutely. While getting the chance to test out the casino without risking huge amounts, you can equally boost your bankroll with generous bonuses on offer at an online casino with a minimum deposit of $5. Similarly, a 5-dollar online casino will still let you choose from a variety of slots and casino games for a minimal deposit.
To uncover and claim a $5 deposit casino bonus, browse through the online casinos recommended on this page and pick your favourite.
You can fund your online casino account and cash out your winnings with a broad range of secure and popular payment methods at our recommended $5 deposit casinos. These include credit/debit cards (Visa, Mastercard), eWallets (Interac), prepaid cards (Paysafecard), cryptocurrencies (Bitcoin, Ethereum), and more.
The amount you can win will depend on the casino bonus you wish to claim. Each promotion comes with its own unique T&Cs and maximum win limits. However, you still have the potential to win big with a 5-dollar deposit.
About the writer
Coming from a strong media background, Lauren has been working in the iGaming industry for a while. She graduated from university with a Bachelor of Arts in Media Production. Since then, she’s gained considerable experience and knowledge of Canada’s online casino market.
She combines her passion for writing and love of casino games. Lauren’s a keen blackjack player, yet she also loves spinning the reels of thrilling online slots in her spare time.