$5 – Five Dollar Minimum Poker Rooms

There are not many online poker rooms that have a $5 minimum deposit limit. Those that we have found and listed here have the lowest deposit limits available but this low limit may only be available through a specific deposit method.

BetVictor Poker

BetVictor has very low deposit limits

BetVictor Poker has a $5 min. for deposits by Skrill (Moneybookers). The lowest amounts by other currencies are five pounds sterling, five euros, and eight Australian Dollars.

BetVictor (formerly Victor Chandler) Poker is on the MGN (MicroGaming) Poker Network, and so they do not accept U.S. players.

They also have reasonably low limits for Neteller at $10, credit cards at £5, and Paypal at £5. Read more about betVictor here.

PokerHost

PokerHost

Poker Host accepts deposits from as low as $5 for players using MoneyBookers (now called Skrill). PokerHost are currently accepting American players.

The only deposit method at Poker Host that has a $5 minimum is MoneyBookers/Skrill, but you can fund your MoneyBookers account using a large selection of payment methods. Unfortunately, this deposit option is not available to U.S. players.

PokerHost is part of the Merge Gaming Network.

Important Points to note

The sites listed about that allow these small deposit amounts generall will allow low withdrawal amounts too, though not by all payment methods. It is important to check whether you can withdraw using the same method that you used to deposit. This is not the case with all methods, though you might expect that it would be.

For example, while many sites will let you use your MasterCard credit card to put funds into your account, none that we know of will let you withdraw your funds and any winnings back to that card. This restriction is from MasterCard. For whatever reason, they prohibit thes transactions, and it is not the fault of the poker site that yo are dealing with.

Most online ewallets are available for withdrawal if you have used them for depositing. Sometimes there will be a restriction that you must use the same payment method to with draw your funds that you used to put them in the site in the first place. So for example if you use Skrill to make your deposit and now want to cash out, you will most likely be limited to taking you cash out through Skrill again.

If you have used multiple methods over the course of your time on any particular site, you may be limited in the method that you can take your money back through. Again as an example, if you have deposited a total of $200 over the course of a few deposits using Skrill, then made another $100 deposit using Paypal, and now you want to cashout $250, that operation may be spread over both those methods, so that you get $200 back at Skrill, and the remaining $50 gets paid to your Paypal account.

This varies from site to site, but you should be prepared for this to happen. It can be important when managing your online bankroll to be able to say with certainty where your funds are going to be online.

Another point to note is that if you have used a particular method to deposit, you must not close down that account before you have requested a cashout. If the above situation should occur, it will be a lot of un-needed hassle to get customer support to allow you to change the method of cashout.

A note on bonuses

We have said it before, but it is worth repeating, that when you make the minimum deposit you may not get as much of a bonus as you expected. While deposit match bonus deals are always expressed in percentages, and therefore you might expect that a 100% deal will give $10 on a $10 transaction, that may not be the case with all deals. These deals can sometimes be limited to a different, higher, minimum amount than the listed lowest deposit amount. To attract a bonus you may be required to put up more cash than you expect, so be sure to check the terms of any deal you want to take.

If in doubt you can always contact customer support to get the issue cleared up.

Final Point

Finally, be aware that just because a particular site has low requirements for your initial funds transfer to them, that does not mean that the same limits will apply to your withdrawals. It is common for withdrawal limits to be higher than initial deposit limits for some payment methods. As far as I am aware this does not apply to the better and more popular ewallets, such as Skrill and Neteller, but again it is better to check and be certain you are not restricted than to find out only when you have decided to move your funds to another room.

Things like that can seriously mess with your money management, especially for the player that is managing their online gambling on a smaller size bankroll.

The available payment methods and the limits applied to those methods, both for depositing and withdrawing, do change from time to time, so try to keep up to date on a regular basis with the banking options that apply to your chosen poker site. As well as those changes, new methods do come online occasionally, and older methods change or are no longer supported.