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Best $5 Deposit Bonuses in Canada

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Ross Young
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Contributor at Casinofinder
Ross-Young-CasinoFinder-Editor
Biography
Ross Young is our talented wordsmith, bringing his sharp insights to CasinoFinder all the way from his home in Uganda, set between two stunning National Parks. Starting out with NGO work, Ross found his passion in writing, and now delivers honest, engaging content that helps Canadian players make the best gaming choices.
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Latest Update:
Nov 12, 2024, 8:11 am
5$ Deposit Bonuses

Recommended by our Experts

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Do you prefer to gamble with lower deposits? Then you’re in luck, as our team has been sourcing the best Canadian online casinos where you can play with this low deposit amount.  

If you join one of our recommended sites, you can take advantage of many exclusive offers, like 150 free spins for $5 in Canada. There are many $5 min deposit casino operator sites, so we took our time selecting the best. After extensive testing, we have only recommended platforms offering superior gambling hubs. 

Our team is passionate about online casino gaming, and with our combined decades of experience, we want to help you find your ideal casino. If you’re a cautious player or on a budget, a 5-dollar casino lets you enjoy the fun with minimal risk. 

Our Favourite $5 Deposit Bonus Casino Sites Canada

01
1red casino logo

1Red

15,450 CAD + 100 Free Spins

4.5/5

T&Cs Apply

  • Sportsbook
  • Big Welcome Bonus
  • Multiple payment options
  • Visa
  • Mastercard
  • Skrill Logo
  • Neteller
  • PaysafeCard
  • InstaDebit

Payout Speed Instant

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Licenced by Khanawake gaming commision, Malta Gaming Authority (MGA), iGaming Ontario

02
1Bet logo casino
Welcome Bonus

1Bet

150 CAD + 150 Free Spins

4/5

T&Cs Apply

  • Sport bonuses and casino bonuses
  • Very wide selection of sports to bet on
  • Daily promotions
  • Visa
  • Mastercard
  • Skrill Logo
  • Neteller
  • Interac
  • ecoPayz

Payout Speed 1-2 business days

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Licenced by Khanawake gaming commision, Malta Gaming Authority (MGA), iGaming Ontario

03
10bet casino logo
Deposit Bonus

10Bet

1000 CAD

4.4/5

T&Cs Apply

  • Multiple trusted gaming licenses
  • Crypto-friendly with low minimum deposits
  • Smooth mobile performance without app
  • Visa
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  • Neteller
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Payout Speed 1-2 business days

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04
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Deposit Bonus

Snatch Casino

3000 CAD

4.3/5

T&Cs Apply

  • Nice selection Jackpot slots
  • Massive welcome bonus
  • Betting on Esports
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Payout Speed 1-2 business days

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05
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Welcome Bonus

Treasure Spins

130% up to 500 CAD

4.3/5

T&Cs Apply

  • Pirate-themed casino
  • Multiple payment options
  • Multiple payment iGaming providers
  • Mastercard
  • Interac
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Payout Speed 1-2 business days

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06
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Videoslots Casino

200 CAD

4.3/5

T&Cs Apply

  • Ontario Gaming license
  • Great selection of slots
  • Self exclusion program
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  • InstaDebit

Payout Speed 1-2 business days

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07
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Villento casino

1000 CAD

4/5

T&Cs Apply

  • Good customer service
  • Best Micro gaming games
  • Good welcome bonus
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Payout Speed 1-3 business days

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08
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Stake casino

4.4/5

T&Cs Apply

  • Perfect for sports betting
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09
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Slothunter

6000 CAD + 250 free spins

4.7/5

T&Cs Apply

  • Good Welcome Bonus
  • Good Live Casino
  • Great slots
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Payout Speed 1-3 business days

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10
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Royal Panda Casino

C$1000 + 200 free spins

3.5/5

T&Cs Apply

  • 2,000+ games
  • Very generous welcome offer
  • Ontario License
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Payout Speed 1-3 days

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Licenced by Khanawake gaming commision, Malta Gaming Authority (MGA), iGaming Ontario

How We Reviewed and Chose the Best Canadian $5 Bonus Online Casinos

We consider several key factors to ensure we only recommend the best $5 casinos in Canada. We use these to help us rate and list reputable and secure gaming websites. Let us break down our primary ones, especially for these low-cost sites. 

Licensing and Reputation

Our first check confirms that the $5 casinos have a valid licence. Without one, we won’t even consider listing the site. We also do some deep searches online to understand better other players’ opinions of the site’s performance. While we will generally find a mix of good and bad, we want to see more positive.

Selection of casino games

We will inspect the game lobby to assess what games you can play. We look at the quality of the software providers powering them and whether there are primarily slots or you can play classic table and live dealer games. We will also highlight some of their top titles that may interest you.

$5 bonuses available

Although many casinos require a deposit of $20 to claim the bonuses, we only look at those that let you claim $5 bonus offers. Those that do allow you to claim free spins offers such as 150 free spins for $5 Canada.

Customer support services

When playing casino games online, we never know when we may need help. Therefore, a responsive and effective support team is a must. We will test it to let you know their performance and list the available channels and opening hours, generally 24/7.

Depositing and Withdrawing

We want to ensure you can fund your casino account using a suitable payment method. We will list all the options, the minimum deposit and withdrawal limits, and the processing times. We will also test out firsthand whether there are any fees and the processing speeds for withdrawals.

Mobile Compatibility

The rapid increase in players using their mobiles rather than desktops means a mobile-friendly site is a must. We will let you know if you can download an app or play via your device’s web browser. Again, we will test it to determine its performance and let you know if you can claim any mobile-only bonus offers.

What is a $5 Online Bonus Casino?

A $5 deposit casino offers a way for players without big bankrolls or those who prefer to keep it less risky to get in on the casino action. If you join a $5 casino, you can play the games and claim their welcome bonuses at many sites, such as top offers like the 150 free spins for $5 Canada. 

While there are many more benefits to these types of sites than negatives, we want you to have all the facts. Therefore, we have included the pros and cons of these $5 casino sites in Canada. 

Pros
  • You are only risking minimal amounts of cash
  • You can still win real money
  • Perfect for beginners to gambling
  • Can claim $5 bonuses
  • Play on all the casino games
Cons
  • Less valuable bonuses
  • Can’t use all payment methods
  • May not be able to withdraw just $5

What are the Most Popular $5 Casino Bonuses?

One of the perks of our recommended $5 casinos is the bonuses you can claim. We know the majority of Canadian casinos require much higher deposits. However, our featured sites on this page all offer $5 deposit bonuses to claim.  

We want to showcase the types of $5 bonuses you can expect to find:

$5 Welcome Bonus

The welcome bonus is a way for a casino to entice you to their site rather than the competition.  These bonuses come in various formats, but a classic example is the deposit match, which comes with free spins. 

Many come on your first deposit only, but many also come across several deposits, as exampled below:

DepositBonus
1st100% up to $100 and 50 free spins
2nd50% up to $100 and 25 free spins
3rd25% up to $100 and  25 free spins

$5 Free Spins

When joining a new casino, there are two types of free spin bonuses:

  • No deposit-free spins
  • $5 deposit free spins

The no deposit is a great deal as it won’t cost you anything, and you can enjoy the slots for free. A $5 deposit that lets you claim a bundle of free spins can vary from a minimum of 10 to 150 free spins for $5 in Canada.

$5 Reload Bonuses

While these offers are rarer than those when depositing at $20 casinos, there are a few around. They are for when you have completed your welcome offer, and the casino offers you a deposit bonus to boost your bank account. 

The percentage rate provided varies, but you’re usually looking at reload bonuses that start at around 50% and go up to 100%

We want to highlight the key things to check when claiming. Each casino will have different bonus terms, so take a minute or two to read through their terms and conditions so you have all the information before you start playing. The primary ones to look for include:

  • Wagering requirements
  • Game restrictions
  • Maximum cashout limits

Our Top Tips for Maximizing $5 Deposit Bonuses

We want to share some top strategies to help you increase your chances of success using $5 bonuses. Use some or all of our tips and incorporate these into your gameplay:

Reading the terms and conditions: Before claiming or playing with a $5 bonus, read the casino terms attached to ensure you know all the requirements.

Choosing high RTP games: Picking games with higher RTP rates should allow longer playing time. Slots such as Bloodsuckers or Jackpot 6000 have higher RTP rates, or if the casino provides bonus funds, you could play high RTP table games.

Manage your bank: Even though a $5 deposit won’t break the bank, limit any loss by never chasing losses by depositing more funds.

Play the games in demo mode: Before playing with real money, you can try the games for free.  It’s an ideal chance to test a few slots before deciding which to play without depleting the bank.

Look for the lowest wagering requirement: The lower the wagering, the higher your chances of converting your bonus into withdrawable cash. Anything 30x or lower makes it easier to complete.

Play casino tournament slots: If the bonus allows wagering on one of the tournament titles like Pragmatic Plays Drop and Wins, you could win cash prizes or free spins while clearing your bonus.  Look for tournaments with low buy-ins.

Consider lower volatility games: While the wins may be smaller, they will be more frequent and perfect for undertaking wagering.

By following our tips, you can maximize the value of your $5 deposit bonuses and increase your chances of turning that small investment into a more substantial bankroll.

Our Favourite $5 Deposit Bonus Casino Games

If you’re looking for the types of games you can claim your free spins, we’ve showcased three excellent slot games where you can find Canadian free spin bonuses. 

Mega Moolah slot mockup

Mega Moolah

RTP: 93.42
Software: Microgaming
Genre: African
5/5
Learn more
sweet bonanza mockup

Sweet Bonanza

RTP: 96.51
Software: Pragmatic Play
Genre: Candy
4.9/5
Learn more
Starburst logo

Starburst

RTP: 96.09
Software: NetEnt
Genre: Space
4.7/5
Learn more
Slot NameSoftware DeveloperMin BetRTP RateMax WinDescription
Mega MoolahGames Global$0.1092.08%500x (excl jackpot)This African underwater-themed progressive jackpot features $0.10 stakes, respins, wilds, and a Mega jackpot starting at $1 million.
Sweet BonanzaPragmatic Play$0.2096.49%21,175xThis slot delights candy lovers with cascading reels, pay-anywhere wins, and free spins featuring candy bomb multipliers up to 100x.
Starburst NetEnt$0.1096.10%500xThis cosmic-themed slot offers simple gameplay, expanding wild respins, and low volatility, making it great for free spins.

How to Choose the Best $5 Online Casino

To help you determine which Canadian $5 minimum deposit casino to choose on our list, there are a few factors to consider. Use the following criteria to help you select an optimum and safe casino in Canada.

Game Options

The best 5-dollar casinos won’t just offer low deposits but should also provide high-quality games with low minimum stakes.  Slots are generally the best bet for low stakes, but you should also have other options to play classic games with low betting limits, like roulette, blackjack, or video poker.  

With some, you can play for just $0.01. 

Casino Bonuses

Finding Canadian casinos with $5 deposit bonuses is rare, as most have higher limits. However, we have included some options in our top list above that let you claim the welcome deposit offer or free spins with a $5 outlay. The best way to find this information is by checking the bonus terms pages. 

Payment Methods and Withdrawal Speed

We all have different preferences when choosing a casino payment option. Check the payments page to confirm that the $5 casino sites offer your preferred choice. You should also check their payout speeds to ensure timely receiving of your casino winnings. 

Customer Support Service

A first class and responsive support services are essential for players. If you need help with your deposit, a game query, or anything else you’ll want to know, you can contact the team 24/7 by email or live chat. Also, check if there’s a Help Centre that will offer answers to common FAQs and player-typical questions. 

Reputation

You’ll want to know that your chosen site has valid licensing and security measures. We check online reviews from other players to better understand how they are perceived and whether there’s more positive than negative feedback. 

How to Deposit Funds and claim a $5 deposit bonus

Once you’ve chosen your $5 casino, you’ll have to make a deposit to play with real money. The types of payment methods you’ll find will include the following:

  • Bank Cards— Pay with top options like Visa, Revolut or Mastercard.
  • E-Wallets—Players favourites include options like PayPal, Interac, and Skrill. 
  • Prepaid voucher—You can purchase vouchers like Paysafecard from your local retailers and use them to fund your account.
  • Crypto—Recently, crypto gambling has boomed, and you can pay with Bitcoin and altcoins like Ethereum or Litecoin. 

To make your first $5 deposit, follow our four step-by-step guide:

Pick a $5 deposit casino

You can choose a trusted site from our list or find one with generous bonuses, valid licensing, and sound player reviews.

Create an account

Once you have picked your $5 deposit casino, register your account by providing your data, such as your email, address, and date of birth. You may have to verify your account by providing valid ID documentation if requested.

Go to the cashier section & pick your bonus

Open the cashier and click on deposit to choose a method from the available banking options. Pick a method that supports $5 deposits. If you claim a bonus, check if it’s automatically applied or input a bonus code if required. 

Start playing

You can enjoy the entertainment of playing real money games once your $5 deposit and bonus are confirmed.

$5 Deposit Casino Bonuses Terms & Conditions

We want to highlight the main terms to be aware of when claiming a $5 bonus at a Canadian Casino. Do check these, as if you break any terms, the casinos will say you have breached them and can withhold your winnings.

ConditionDetails
EligibilityTo claim the welcome bonus, you must be a new player and not have any family members from your address who have already claimed it. 
Minimum DepositDouble-check that the minimum deposit of $5 is required to activate the bonus.
Maximum WithdrawalWinnings from bonuses will usually have a cap on how much you can withdraw. It should be clearly stated in the terms. 
Game RestrictionsBonuses are generally only valid on certain casino games, like slots. Playing on excluded games won’t count as wagering, which will be listed in the terms. 
Wagering RequirementsThe average wagering ranges from 10x to 70x. For example, if you receive a $5 bonus with 70x wagering, you must wager $350 before requesting a withdrawal.
Wagering ContributionNot all games will contribute equally to wagering. Slots generally contribute 100%, while table games might only contribute 50% and some much less or even 0%.
Time LimitsBonuses usually must be claimed within a specific timeframe after registering and wagering completed within 1 to 30 days.
Payment OptionsSome payment methods may be excluded from claiming $5 bonuses. Check which methods qualify for deposits.
Bonus ActivationRemember to input any required bonus codes during the deposit process to activate the offer. Without them, the $5 bonus will not be added to your account. 

$5 Deposit Casino Alternatives

When you join an online casino, they all offer different minimum deposit requirements, some with lower and some with higher. To give you an idea of what you can receive with varying deposit amounts, we want to show you other types of deposit offers you can expect. 

Minimum DepositDescription
$1 CasinosThe $1 casino is perfect for players who want to participate in online casino action with minimum financial commitment. Some Canadian mobile casinos offer this low-cost way to play.
$3 CasinosAlthough rare, you can test a casino without breaking the bank by making a $3 deposit. Choose a low wager and high RTP game to help you turn this low deposit into withdrawable cash. 
$20 CasinosAs your deposit increases, more offers become available to you. Most casino bonuses, including the welcome offer, can be claimed with a $20 deposit. This is for more experienced players, offering extra perks and bonus rewards. 
No Deposit CasinosSome sites let you join with no deposit. Once you register your account and verify your phone number or email, you can claim a no-deposit bonus or no-deposit free spins. It is a risk-free way to test a site and a brilliant deal. 

Key Takeaways

If you are new to gambling and looking to test the waters, then a $5 deposit casino is the perfect way. You can claim a welcome bonus of bonus funds or, more typically, free spins to enjoy some top-rated sites without straining your finances. 

It is an ideal entry point for new players with low budgets, allowing them to enjoy the games. Our team’s top tip is always to read the terms and conditions so you have all the essential info before you get going. 

We recommend choosing low-stake, high RTP, and low-volatility games to maximize the bonus offers and build your gambling bankroll. 

Ready to get started? Don’t miss out on fantastic bonuses! Sign up now at one of our featured $5 casinos and enjoy generous welcome offers and free spins.

$5 Deposit Bonus Casinos FAQs

With my $5 casino deposit, can I play jackpot games?
Yes, of course you can. It is up to you to decide where to spend your money. You can spin on jackpot slots from as low as $0.10. However, if you have used your five-dollar casino deposit to claim the welcome offer, check the terms to see if it’s an allowed game for wagering purposes.
What payment methods can I use at $5 deposit casinos in Canada?
It will depend on each casino site. The banking options typically available for these low casino deposits include bank cards like your Visa or Mastercard. Other options could be prepaid vouchers such as Paysafecard or even one of the many e-wallets such as Skrill or PayPal. Many Canadian casinos have incorporated crypto-friendly payments with top low-cost payment options like Bitcoin, Dogecoin, or Litecoin.
Will I encounter any restrictions when depositing my $5 casino deposit?
You won’t have any restrictions on the games you can play when depositing at one of Canada’s $5 casinos. We’ve included sites where you can claim $5 casino welcome offers. However, these are not the norm, and most gambling platforms require higher deposits of $20. The other factor to consider is the minimum cashout requirements for your selected casino. $5 withdrawals are rare, and minimum withdrawals average around $20.
When playing with $5 casino deposits, can I win real money?
Yes, you can. If you claim one of the casino’s welcome bonuses with your 5-dollar deposits, you must first complete any wagering. Once that’s done, you are free to withdraw any winnings you have made. Most casinos impose a minimum turnover of one times your deposit when playing if you didn’t claim a bonus. If you’ve spun your $5 and have winnings, you can request a withdrawal whenever you want.