Top $5 minimum deposit casinos in Canada 2024

What are $5 deposit casinos?

A $5 deposit casino is simply that; a casino that requires a minimum deposit of $5. Alongside $1 deposit casinos and no deposit casinos, a $5 deposit is one of the lowest minimum deposits an online casino can offer.

While some casinos boast low minimum deposits for returning customers, welcome bonuses for new players often come with a required minimum deposit as high as $20 or even $30.

If you’re new to playing online, you might not want to make that much of a financial commitment so early on. Although they are rarer, finding an online casino that offers $5 deposits is definitely worth taking advantage of.

Which are the best $5 deposit casinos in Canada?

There are several great $5 minimum deposit casino options for Canadian players, and below are some of our top picks:

1. Jackpot City Casino

With its neon lights and glamorous cityscape, you may forget that you’re playing at an online casino and not from the casino floor of the mythical Jackpot City itself. The casino boasts a wide range of high-paying jackpots with secure payment options, a slick mobile app, and a generous deposit match welcome bonus.

2. Spin Casino

There’s more than one reason Canadian players love Spin Casino, and it’s not just because they have over two decades of operation and gambling experience. They’re also home to massive progressive jackpot games, hundreds of new titles, and old favourites just waiting to be played at Spin Casino.

3. Ruby Fortune

If you’re a slots fan, then Ruby Fortune is the place to be. With 500+ games on offer?and casino software from Microgaming,?we guarantee you’ll find something to love. Their smart software also means you can have a smooth playing experience on desktop, mobile or tablet.

4. Royal Vegas

Ready to experience?royalty? Royal Vegas is famed for its extensive collection of live dealer games as well as its impressive library of over 500+ Microgaming and NetEnt slot games. This is sure to become your new favourite casino.

5. 888 Casino

There are plenty of reasons why so many Canadian players love 888 Casino. Not only is it a giant in the industry with over 25 years of experience, it also ensures it keeps up with the times and gives players what they want. Whether that’s a tailor-made app, hundreds of games to choose from, an 888 Sports betting section, or even a slick website, you’ll find it all and more at 888 Casino.

How to choose the best $5 casino

Our $5 online casino deposit guide will help you choose the best online casino site that’s right for you and your gaming needs.

Our gambling experts follow strict criteria when reviewing casinos, focusing on areas such as casino bonuses, game libraries, mobile capabilities, payment methods, customer support and security. Therefore, you’ll only find the best of the best on this page.

One crucial factor to consider when choosing your $5 deposit casino is the welcome bonus. Whether you prefer free spins, bonus funds or a combination of both, you’ll typically have to meet specific conditions before cashing out your winnings. We assess the T&Cs and wagering requirements and compare them with other casinos to give you a comprehensive list to choose from.

Low deposits for free spins

Many of the real money online casinos on our recommended list of sites offer lucrative free spins bonuses for as little as $5. Other sites offer more generous rewards for $10 deposits, but with a handful of free spins at your disposal, you can trial the latest and greatest slots before committing your bankroll.

Check out our top-rated free spins low deposit online casinos below:

Popular slot games for $5

Alongside earning you a generous welcome offer, a $5 deposit can fund your bankroll enough to play some fantastic slot games. You can even play online slots for free in a demo mode. Whether you prefer longtime casino classics or the hottest new releases, your $5 deposit will set the reels spinning and hopefully get you hitting some winning paylines.

Rich Wilde and the Book of Dead

The third instalment of Play’n GO’s Rich Wilde series comes with a very flexible betting range. The game has 10 paylines, and if you want to cover all of them, you can bet as little as $0.10. If you would rather take just one payline per spin, it’ll cost only $0.01.

The 5x3 game has a good RTP of 96.21%, and you can win up to 5,000x your stake in a single spin. Its gilded golden visuals, immersive Egyptian theme and exciting free spins bonus round have made it a featured game on the front page of almost every online casino.

Narcos

Netflix fans will enjoy this thrilling video slot from one of the industry’s top software developers, NetEnt. With 243 paylines across the 5x3 configuration, this dust-hazed slot features iconic characters from the series as its highest-paying symbols. By betting the minimum stake of $0.20, you get at least 25 spins from your $5 deposit (and that’s even before you trigger the free spins bonus round).

Like the Book of Dead slot, Narcos has a decent RTP of 96.23% and a medium-to-high variance. The most exciting feature of the game, the randomly emerging Drive-By grid shooter, can turn every high-paying symbol into Wilds. With visuals akin to Grand Theft Auto, gamers and streamers alike will love this fun slot.

Sweet Bonanza

Yet another staple of every online casino is Pragmatic Play’s Sweet Bonanza slot. Fans of the game Candy Crush will recognize the tumbling reels and glistening sweets, but as well as giving you a sugar high, they can generate some sizeable payouts. Landing eight or more of one symbol across the 6x5 grid will pay out, meaning that the game has an unlimited number of paylines.

Sweet Bonanza is a high variance slot with an RTP of 96.48%. Although you may wait a while for a decent win, the payout will be worth it! And with a minimum bet of $0.20, you get at least 25 spins for your $5 deposit. If you feel like adding a little more risk to your gameplay, you can (literally) up the ante by using the Ante Bet feature to double your chance of winning.

Best software providers for $5 deposit games

As a Canadian player, you can enjoy real money slot games from dozens of top software developers.

Here are just a few of some of the best and most well-loved providers in the industry and Canada:

• Play’n GO - Swedish developer Play’n Go is responsible for the popular Rich Wilde series and plenty of other popular slot games, including Fire Joker, Aztec Princess and Reactoonz.

• NetEnt - You’re almost guaranteed to find popular NetEnt slots like Starburst, Divine Fortune and Gonzo’s Quest at most online and physical casinos in Canada.

• Pragmatic Play - Pragmatic Play has created some of the biggest casino favourites among Canadian players such as Big Bass Bonanza, Gates of Olympus and Wild Wild Riches.

• Microgaming - Microgaming is famous for its TV and film-themed slots like Jurassic Park and Game of Thrones, as well as its classic Mega Moolah progressive jackpot.

• Bally - We have to mention the original slot designer, Bally, who has been producing slot machines since 1976. They produced many popular slot games like Super Rise of Ra and Monopoly Millionaire.

Of course, you’re not just limited to those top providers. You can play a whole host of amazing games from a wide range of top software developers at any one of our recommended $5 deposit casinos.

$5 minimum deposits for mobile casinos

You don’t need to stay sitting at your desk to enjoy a $5 deposit casino. Each site transitions seamlessly from desktop to mobile, tablet and laptop, so you won’t be sacrificing speed or efficiency when you want to play on the go with our top mobile casinos. All the sites we recommend are built on HTML5 technology, making them responsive and optimized for mobile browsers.

Many of our recommended casino sites even offer their own compatible mobile apps too. These apps give you enhanced connectivity and usability alongside exclusive app-only features like alerts and navigational tools.

Wagering requirements for $5 deposit bonuses

Unless advertized as a wager-free bonus, every welcome bonus will have wagering requirements. They require you to wager your bonus money a specific number of times before withdrawing it from the casino.

$5 deposit casinos use wagering requirements to stop bonus abuse, where people might register for a bonus and withdraw their bonus funds immediately. The industry average is around 35x, though it can differ from casino to casino.

The wagering requirements at low deposit casinos can often be steep. Some casinos, such as Royal Vegas and Platinum Play, boast requirements as steep as 70x. On the other hand, other sites, like Slots Magic, have a 30x requirement for your deposit and bonus money but 60x for winnings from free spins.

Casinos with higher minimum deposits generally offer lower wagering requirements. For example, SpinLand Casino has 35x wagering requirements on its bonus, but you must deposit at least $20 to claim it. Ultimately, you must be prepared to wager your funds several times more at a $5 deposit casino.

Low or no deposit bonuses and promotions

When looking through our list of recommended $5 deposit sites, you should keep an eye out for low and no deposit bonuses. Here, you can grab a small amount of bonus funds or free spins without funding your online casino account first. Online casinos usually offer a low reward no deposit bonus simply for registering a new account. However, low-deposit bonuses only require a small deposit (like $5) for you to claim them.

You can claim many generous bonuses at any of our recommended $5 deposit online casinos. Take a closer look at the most popular offers below:

No deposit

Since you’re not depositing money, no deposit bonuses usually have higher wagering requirements. There may also be a maximum limit on how much you can withdraw. Casinos typically offer no deposit free spins on a single slot game, so check this before you start wagering.

Welcome bonus

A casino welcome bonus will reward you for registering a new account and placing your first deposit. The most common welcome bonuses are deposit match bonuses, free spins, or a combination of both.

Welcome bonuses will almost always have wagering requirements attached. When a welcome bonus consists of a deposit match bonus and free spins, there may be different requirements for the bonus funds and the free spins winnings. There will also be an expiry date by which you must turn over your bonus funds. Otherwise, they will be forfeited.

$1 deposit bonuses

While $1 deposit bonuses aren't typically the most generous of bonuses – usually consisting of a few free spins or a small amount of casino credit – they are worth taking advantage of when you come across them.

Again, much like a no deposit bonus, a $1 deposit bonus may come with high wagering requirements. While this may be a steep condition, you have parted with such a small amount that it’s more for fun than for monetary gain.

Free spins

When online casinos combine free spins with a deposit match bonus, there is usually a lot of flexibility regarding where to spend them. On the other hand, when sites offer free spins as a standalone bonus, they are typically restricted to just one or a handful of games. Be sure to check the T&Cs when using your free spins – you don’t want to end up spending your own money by wagering on a restricted game.

Refer a friend

As the name suggests, Refer a Friend bonuses reward you for bringing your friends to the casino. By signing up through a shared link or referral code, you can earn bonus funds or free spins to use in the casino. Some Canadian casinos give both you and your friend a reward, whereas others will just reward you.

While this is a great way to earn some extra casino cash, this bonus may come with a high minimum deposit for your friend. It may also come with high wagering requirements, so check whether these factors will impact your friend’s decision to sign up. You can learn more about sign up bonuses for casinos.

Popular casino payment options

We know our Canadian readers value flexibility when it comes to depositing and cashing out their winnings. Fortunately, our recommended $5 deposit casinos offer various secure banking options across Canada.

Popular casino payment methods include debit and credit cards (like Visa and Mastercard), e-wallets (like Neteller, Skrill and PayPal), prepaid cards (like Paysafecard), and online bank transfers. Most $5 deposit casinos also accept deposits and withdrawals through Interac, which is an excellent option for Canadian players. The fact that these sites accept payments in CAD streamlines the process even further.

In some instances, you might even be able to pay via cryptocurrency and receive offer bonuses in crypto.

Pros and cons of $5 deposit casinos

Like with anything, there are some pros and cons to choosing a $5 deposit casino. We’ve listed out the most important ones below so you can make the right decision for you:

Pros

Cons

Safe and fair gaming

We only promote secure, trustworthy, and licensed casinos on this page, so you can rest assured that your safety is our top priority. Yet, it’s essential to remain vigilant about how a disreputable casino may look.

Our recommended casinos hold a valid license with reputable regulatory bodies such as the Alcohol and Gambling Commission of Ontario (AGCO), Saskatchewan Liquor and Gaming Authority (SLGA) or Malta Gaming Authority (MGA). These licenses ensure that the casino adheres to strict security standards. These standards include using SSL encryption technology and firewalls to secure your data.

Each legal casino is also audited by an independent testing organization such as eCOGRA or iTech Labs. These organizations test the casino for fairness and ensure every game uses a Random Number Generator (RNG).

Our recommended casinos will also implement KYC checks (Know Your Customer) to verify every player. While this not only prevents identity fraud, it also inhibits underage gambling. The casino will also implement several responsible gambling tools to allow players to control their gambling habits. These measures include deposit, loss and wager limits, session limits, reality checks, cooling-off periods and self-exclusion. There will also be external links to addiction support services and self-assessment tools.

$5 deposit FAQs