$5 Deposit Casinos Ontario: Are Low Deposit Casinos A Good Choice?
Player Beware ConnexOntario 19+ Only$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.
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Jackpot City - Oldest Casino of the Bunch with Low Deposit Requirement
Players seeking to make a $5 minimum deposit to start their betting fun can do so at Jackpot City. Players have eight options for depositing $5, including: Visa, Mastercard, Interac Online, American Express, InstaDebit, Paysafecard. Much Better, and Apple Pay. The casino is an old hand, dating back to 1998, and has more recently expanded into the province. There are hundreds of games, primarily from Games Global, plus mobile apps for both iOS and Android devices.
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Betty - Deposits As Low as $1!
Betty might be the most budget-friendly option out there, as it accepts deposits as low as $1. Deposit options include Visa, Interac and Mastercard. Ontario Players can choose from over 3,000 games from 20+ developers once inside.
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Spin Casino - Deposit $5, Withdrawals Unlimited
Ontarians who want to deposit just $5 for casino games can also try their hand at Spin Casino. Methods available for depositing such a small sum include Mastercard, Visa, Interac Online, American Express, Instadebit, Paysafe Card, MuchBetter, and Apple Pay. Another old school site, dating back to 2001, players have classic casino games including Thunderstruck II and the progressive jackpot behemoth Mega Moolah. There's also no maximum withdrawal limit so if you do strike it lucky this makes it ideal for turning profits into cash in the bank.
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Captain Cooks Casino - Highest RTP Games from $5
Captain Cooks is one of the better known $5 minimum deposit casinos in Ontario, with a range of banking methods that support such a low deposit. Players can choose to transfer $5 or more using popular cards AmEX, Visa, or MasterCard, or opt for the Canadian-specific option of Interac. As part of the Casino Rewards Group, you have access to exclusive sweepstakes and prize draws as well as the highest win rate guarantee meaning you get the highest RTP on all games.
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Ruby Fortune - $5 Deposit, But $50 Minimum Withdrawal
Ruby Fortune is run by Cadtree Limited and offers a trio of methods for $5 Ontario casino deposits: the Canadian choice of Interac, or the bread and butter of personal finance Visa and Mastercard. There is a minimum withdrawal limit of $50. However, withdrawals may take between 3 and 7 business days for bank transfers or when using cards.
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DraftKings Casino - Withdraw Winnings From Just $1
DraftKings Casino was an early bird in the Ontario casino market, joining in 2022 and offering Ontarians minimum deposits of just $5. Options for depositing this small sum include the Canadian favourite of Interac, plus card options such as Visa, Mastercard, and American Express. Players can also use Discover, Checks, or the world's leading e-wallet: PayPal. Withdrawals of winnings can be as low as $1 which means you don't have to wait for big wins to cashout.
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Royal Vegas - Deposit $5 with 6 Different Methods
Royal Vegas provides players with six different ways to deposit $5 at Ontario casinos. One of the best ways to keep a tight rein on budgets is to use the pre-paid PaysafeCard. Another great option is Interac, and other modern systems like InstaDebit, MuchBetter, ApplePay, iDebit, Instant Payments by Citadel, and Flexepin are also supported. But if you prefer the old school cards then not to worry, Visa, Mastercard, and American Express are all supported too.
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Betano - Deposit $5, Withdraw from just $10
Betano welcomes players from Ontario who want to deposit just $5, and this can be done with a variety of systems. Credit/debit cards and pre-paid cards are supported, as are Interac e-Transfer, Interac, Apple Pay, Google Pay, PayPal (and PayPal One Click). Another nice feature is the minimum withdrawal of $10, making this budget-friendly for both deposits and withdrawals.
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SpinAway - Play 1000's of Games with $5 Deposit
There's plenty of choice at SpinAway with 1,000+ games, and bettors can start with a deposit of just $5. There are half a dozen ways to transfer $5 to the casino, among them Visa, Mastercard, Interac, Bank Transfer, Skrill, and Much Better. The minimum withdrawal of just $10 is another bonus of playing at this casino.
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.
- Mega Moolah - Mega Moolah, by Games Global (formerly Microgaming), is the most famous progressive jackpot slot in the casino industry. It's made more millionaires than any other game and spins cost from $0.25 up to $6.25, making it ideal for low budget players.
- Mercy of the Gods - Mercy of the Gods, by NetEnt, is an Egyptian-themed game with some fun bonus mechanics. There are free spins at the top of the pyramid and getting three coins leads beneath it for the chance to win huge prizes. The cost per spin is $0.20 up to $100.
- Hall of Gods - Another NetEnt creation, Hall of Gods, has minimum stakes of $0.20 (max is $50) convenient for those who start by depositing $5. This Norse-themed game has a low-mid level of volatility, and one lucky player scooped an astounding £7,822,217 jackpot.
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.
- Visa and Mastercard - Perhaps the most convenient ways to deposit $5 at Ontario casinos due to how ubiquitous these cards are. Both credit and debit cards can be used for deposits and withdrawals but it is worth noting that if you use a credit card for deposits in Ontario, they will be treated as cash advances by your bank and you can incur fees and interest.
- Interac - Widely adopted by Canadians and betting sites alike, Interac is one of the top choices to both deposit $5 and withdraw from Ontario casinos like Betty, Ruby Fortune, and Betano. It connects directly with your bank but withdrawals can take 1-3 days so it's not the quickest.
- Paysafecard - This pre-paid card system is very useful for those depositing $5 and who want to keep a tight control on their transfers. It's a popular choice at Spin Casinos too. You purchase vouchers in varying amounts, there's no need to share financial information with the casino, and deposits are instant. The downside is you can't use it for withdrawals.
- Apple Pay - A fast and secure way to deposit $5, this system employs biometric authentication to safeguard the player. However, it's not as widely supported as some alternative banking systems. It is available at Betano and Royal Vegas though. This is similar to an e-wallet but accessed via your mobile where you add your card details to your Apple Pay account. It can be used to withdraw.
- PayPal - The world's most popular e-wallet, PayPal is one way to deposit $5 at Ontario casinos like Draftkings. It can be used for fast withdrawals (up to 24 hours) as well, but some casinos may apply minimal fees. PayPal has its own encryption security and player protection features, and you don't have to share banking details with the casino.
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:
- Draftkings
- Betano
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.
- Betty - Established on 10th March 2023, Betty is the newest kid on the block when it comes to $5 minimum deposit casinos.
- Jackpot City - The Ontario edition of this casino is also a newer $5 deposit site, being established in August 2022.
- Royal Vegas - Another relative newcomer on the $5 Ontario casino list is Royal Vegas, also arriving in August 2022.
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
- Budget Control - It scarcely needs saying but only depositing $5 at Ontario sites necessarily involves budgetary discipline.
- Fun Not Stress - Minimal deposits at casinos ensures the games stay fun and there's no stress if losses are incurred because they'll never be large.
- Game Availability - Because most online casino games offer low minimal stakes players can still access a large majority of the diversions available.
$5 Deposit Drawbacks
- Limited Banking Options - Banking methods available for $5 minimum deposits are limited, restricting the options a player might use.
- Harder to Withdraw - Small stakes means smaller winnings, so minimum withdrawal thresholds can be harder to hit. Withdrawal amounts can be 3 to 4 times higher than the deposit amount. We recommend no or low minimum withdrawal casinos like Draftkings Ontario where minimum withdrawals using PayPal, Interac, or credit cards are just $1.
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
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What restrictions are there on small deposits?
Many casinos have minimum deposits greater than $5, and those that accept $5 deposits may only do so when using certain banking methods. Remember, if you win, the withdrawal amount might be much higher! -
Are these sites reliable?
Yes, they all have the necessary licensing and support deposits of $5. For more information on any of the sites we've listed on this page, be sure to read our full review where we cover everything including the red flags and things players need to beware of. -
Are $5 Minimum Deposit Casinos Ontario worth playing at?
Yes, they can provide a huge number of casino games to play for minimum deposits. For many this can be a great way to test out new Ontario casinos or new games they haven't played before. There's also little risk when you play with such a small amount.