$5 Deposit Casinos Ontario: Are Low Deposit Casinos A Good Choice?

Player Beware ConnexOntario 19+ Only
Amanda Evans Reviewed by Amanda Evans
Updated: Sat. Jul. 05, 2025 9 Minute Read

$5 minimum deposit casinos in Ontario are exactly what they appear to be, deposit $5 upon registration and start wagering on your favorite games.

But remember that while a bargain (casino marketing tactic) may appear attractive on the surface, you may be faced with restrictive casino terms. According to studies, adults have a hard time recognizing content marketing tactics sources[1].

Just because a casino offers a $5 deposit versus a traditional $20 deposit requirement, that doesn't mean they are a good casino. There might be better options for your casino play.

Nevertheless, here is our updated list of $5 min deposit casinos for Ontario players. The brands selected below are licensed, reputable and rated above average by our expert team.

What Exactly Are $5 Minimum Deposit Casinos for Ontario?

The still young Ontario online casino market is flourishing, and part of this is down to the $5 minimum deposit casinos available. These are betting sites that offer the same broad range of games, banking methods, mobile apps, and other features as anywhere else but with one difference. By allowing deposits to be on the smaller side these sites are just the ticket for those who either only have a little to wager, or who just prefer small stakes.

Top $5 Deposit Casinos Online Reviewed for Ontario

For players who opt for more modest wagers, here are some of the foremost online casinos that support deposits of $5 in Ontario.

Games to Play with a $5 Minimum Deposit at Online Casinos in Ontario

Lots of slots have small wager limits which can be ideal for $5 deposit Ontario players. While some will opt for games with higher RTP (return to player) to maximise the chances of finishing ahead, others will prefer playing for the biggest wins on progressive jackpots. It's also worth mentioning blackjack and roulette, both of which have low house edges and offer a good shot of finishing in the black.

Progressive Jackpot Slots You Can Play with Minimal Stakes

Players dream of spending little and winning big with progressive jackpot slots, and while that doesn't happen very often, it does happen. 50% of the winners of the Mega Moolah progressive jackpot have come from Canada. The world record was also set by a Canadian player in 2019 when they won CA$20,059,287 at Zodiac Casino. There was another Canadian winner that scooped $22.4 million with a $0.75 bet per spin and he won in less than 50 spins.

If that's got you excited, here's some of the best jackpot slots to try at Ontario's $5 min deposit casinos.

How to Transfer Funds at $5 Minimum Deposit Casinos for Ontario

Deposits and withdrawal options are key when it comes to choosing low deposit casinos and thankfully for Ontarians, there are plenty of safe and secure options to choose from. We've listed the most popular below.

Best PayPal Online Casinos Accepting $5 Minimum Deposit in Ontario

Many players like using PayPal as they already have accounts, which can make it a convenient way to deposit $5 when playing at Ontario casinos. However, it must be acknowledged that it is not universally supported. The two $5 min deposit Ontario casinos for PayPal that we recommend are:

New Ontario Online Casinos for $5 Minimum Deposit (as of May 2025)

Players are always on the lookout for new Ontario casinos, but when it comes to $5 minimum deposit sites the most recent was a couple of years ago. Even so, we've listed them below.

Is it Worth Signing Up with a $5 Deposit Casino?

Any approach to online betting has its upsides and downsides, and $5 minimum deposit casinos are no exception. There are advantages and disadvantages which we explore in the following sections and they should give you a better idea of what you can expect if you choose to create an account.

Advantages of $5 Min Deposit

$5 Deposit Drawbacks

Player Beware: Limited Banking and Potentially Slow Withdrawals

Last Updated: Sat. Jul. 05, 2025

Slow processing times when withdrawing larger sums ($5,000+) have been reported by Ontario players, while others have seen $5 deposits take too long to transfer as well.

While most games can be accessed some, such as certain live tables have higher minimum stakes and may not be available. Also keep in mind that, most casinos have $20 withdrawal, so if you only deposit $5 you will have to win 400% of your stake in order to withdraw!

Safety and Security at Ontario's $5 Minimum Deposit Casinos

While a $5 deposit at Ontario casinos is not a huge sum it's still important for players to stay safe. You should always check that a casino has appropriate licensing from the Alcohol and Gaming Commission of Ontario (AGCO) and iGaming Ontario. While not essential, affiliation with eCOGRA or other independent auditors is a positive sign. Checking review sites to ensure a casino is reliable is another wise step. All the sites we've recommended are AGCO licensed and have strict regulation in place, responsible gambling tools, and safe and secure payment methods.

Play Responsibly with Low Deposits

Even with $5 deposits it's wise to keep a firm grip on betting and to play responsibly. Ontario casinos offer tools that allow you to set limits on session duration, deposits, and losses and it's sensible to take advantage of these. If a problem seems to be starting, take action immediately, whether that's taking a break, seeking advice, or even closing one's account.

FAQs

Sources

  1. OSF Preprints | Clearly (not) identifiable - The recognisability of gambling content marketing - osf.io
 Amanda Evans
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Amanda Evans - Chief Editor

Amanda has been involved with all aspects of the content creation at Top10Casinos.com including research, planning, writing and editing. The dynamic environment has kept her engaged and continually learning which along with 18+ years iGaming experience helped propel her into the Chief Editor role.

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