$5 Deposit Casinos In Canada

Last Updated on | by Matt Devlin
$5 deposit casino canada

All Canadian online casinos have certain minimum deposit requirements. Whether we’re talking about a minimum deposit requirement in general or a min deposit requirement for claiming a bonus, 5$ deposit casinos seem to be common and lucrative. A casino with 5$ deposit bonus won’t allow you to claim it without depositing at least $5.

Even though lower deposit bonus sites do exist, it’s safe to say that 5 dollar deposit casino sites enjoy the most popularity. They offer the best balance between realistic wagering requirements and high entry fees. So, if you’ve come here looking for casinos with minimum deposit bonuses, don’t opt for anything below the $5 minimum requirement. We’ll explain why later on!

List of 5$ Minimum Deposit Casinos For Canadian Players

The Top $5 Deposit Casino In December 2023

1

Captain Cooks Casino

Welcome

100 FS

On Progressive Slots

T&C Apply

New Customer Offer

CTA: 19+, Terms Apply, Please play responsibly, www.connexontario.ca

We’ve tested and fought with some members of our team to choose Captain Cooks as the ultimate top casino with $5 deposit bonus! It provides new players with 100 free spins after the first deposit of at least $5. Best of all, the free spins are for any progressive jackpot game on the platform.

  • 95.8% Payout Rate
  • Casino Rewards Group Member
  • Second Deposit Bonus Is 100%
  • 200x Wager On Free Spins Bonus
  • CAD$50 Min. Withdrawal

On top of that bonus, Captain Cooks also offers a 100% match on the second deposit, capped at $100. When you combine the bonus offers of this 5$ min. deposit online casino with its perfectly polished platform, and a ton of supported payment methods, you’ll realise why it is the best choice for Canadian players.

Best $5 Deposit Casinos Canada

Captain Cooks is the best of the bunch, that’s for sure. However, what brands form the bunch? Well, other legit online casinos which have bonuses for $5 deposits, of course. They offer a similar gambling experience to Captain Cooks but do certain things differently. If you’d like to know more about the best $5 min. deposit casinos, we have an entire list right below:

  • Spin Casino
  • Ruby Fortune Casino
  • Jackpot City Casino
  • Royal Vegas Casino
  • Casino Classic
  • Zodiac Casino
1

Spin Casino

First Deposit

70 Free Spins

For Agent Jane Blonde

Spin Casino is right behind Captain Cooks on our list of the best $5 deposit bonus online casino sites. Spin Casino also offers a lucrative welcome bonus package and provides its users with a great online gambling experience in general.

  • 100% Up To CAD$1000 On 3rd Deposit
  • Gigantic Collection of Microgaming Games
  • High-Quality Live Dealer Section
  • 200x Wagering Requirements
  • Limited Bingo Section

That’s partially thanks to effective customer support, mobile-friendly gambling features, and an intuitive website. All these factors make Spin a superb Canadian casino with $5 min. deposit. Back to the welcome bonus – this brand offers two separate deals. First, 70 free spins for a $1 deposit, followed by 100 free spins on Fortunium Gold Mega Moolah for a $5 deposit.

2

Ruby Fortune Casino

40 Free Spins

For Queen of Alexandria

Ruby Fortune is another fine entry in our 5 dollar bonus casino list. This platform offers more than 650 games and a perfectly polished mobile gambling experience. These two characteristics are what separates it from the rest of the market.

  • 100% Up To CAD$750 On 3rd Deposit
  • Excellent Loyalty Program
  • 600+ Quality Casino Games
  • C$50 Min. Withdrawal
  • 200x Playthrough Rate

Furthermore, Ruby Fortune offers a $1 bonus as well as a $5 one. This $5 minimum deposit bonus casino has a total of 140 free spins for a minimum of $6 across two deposits ($1 plus $5). Ruby Fortune is a Microgaming-based gambling platform, meaning you’ll be able to play games like Mega Moolah, Thunderstruck II and 9 Masks of Fire.

3

Jackpot City Casino

80 Free Spins

For Wacky Panda

Jackpot City Casino is worth checking out if you’re on the lookout for a massive welcome bonus package. At the moment, this $5 deposit online casino offers deals on the first five deposits. Best of all, $5 isn’t even the first bonus. To claim the first one, you’ll have to deposit just $1.

  • 50 "Mega Moolah" Atlantean Treasures Spins On 2nd and 3rd Deposits
  • 90 "Mega Moolah" Atlantean Treasures Spins On 4th Deposit
  • 100% Up To CAD$400 On 5th Deposit
  • 200x Playthrough Rate
  • CAD$50 Min. Withdrawal

Let’s face it, deposit $5 to get a bonus is going to attract a ton of players. But, attracting new users is only a part of the story. User experience means a lot and, luckily, the website feels quite responsive. From our tests, page-to-page navigation is superb and will suit beginners and veterans alike.

4

Royal Vegas Casino

30 Free Spins

For Book of Atem

Royal Vegas Casino is based on Microgaming games. It offers a ton of variety, meaning you’ll be able to find something you like no matter what you’re interested in. Registering at a casino with 5$ minimum deposit shouldn’t be a struggle, and Royal Vegas does this perfectly. The registration process is fast and intuitive, and the same goes for the mobile gambling setup too.

  • Great Loyalty Program
  • MGA, KGC, AGCO, UKGC Licences
  • 700+ Casino Games
  • 200x Wagering On Free Spins
  • CAD$50 Min. Withdrawal

For everyone trying to register at the best $5 deposit bonus casino in Canada, Royal Vegas seems like a no-brainer. The website is responsive, the customer support works 24/7, and there are over 700 games for you to explore, including Microgaming’s classics.

5

Casino Classic

40 Free Spins

On Mega Vault Millionaire

T&C Apply

New Customer Offer

CTA: 19+, Terms Apply, Please play responsibly, www.connexontario.ca

Casino Classic is owned by Casino Rewards, one of the largest gambling groups in the world. This automatically makes Casino Classic a reputable minimum 5 deposit casino. But, it has several other factors going for it. Bonuses are among them, and right now Casino Classic offers not just a $5 deposit bonus but a $1 deposit deal too.

  • C$1 Min. Deposit For Bonus
  • Excellent Live Section
  • Holds KGC, UKGC, AGCO, MGA Licences
  • C$50 Min. Withdrawal
  • 200x Wagering On Free Spins/30x On Deposit Bonus

You need to deposit only $5 for a bonus match based on your second deposit. The first one requires $1 and rewards 40 free spins. Casino Classic has all the classics when it comes to bonuses!

6

Zodiac Casino

Welcome

80 Free Spins

For Mega Moolah

T&C Apply
CTA: 19+, Terms Apply, Please play responsibly, www.connexontario.ca

Zodiac Casino is another brand owned by Casino Rewards that has been around for more than two decades. This goes to show you what a whale this $5 min. deposit casino is. Zodiac always has generous bonuses, no surprises there. It also always supports plenty of payment methods and a comprehensive loyalty program for regulars, courtesy of Casino Rewards.

  • Excellent First Deposit Welcome Promo
  • Top Rewards Casino
  • 800+ High-Quality Games
  • 200x Wagering On Free Spins & 30x On Deposit Bonus
  • CAD$50 Minimum Withdrawal

If you’re looking for a trustworthy 5 dollar deposit bonus casino, your search is all done. Zodiac is among the most reputable casinos in the world. It’s powered by Microgaming, runs smoothly on all devices, and supports all payment methods you could imagine, including Interac.

Don’t worry, these aren’t the only casinos with $5 bonuses worth checking out. Other names offer similar deposit matches and free spins too. Here are additional $5 deposit online casinos that have attractive deals right now:

  • Wheelz Casino
  • Spin Away Casino
  • Lucky Nugget Casino
  • Katsubet Casino

Our Checklist When Reviewing Casinos With $5 Deposit Bonuses

When going through what the best $5 deposit online casinos have to offer, it’s important to pay attention to key factors. We always analyse the deposit requirements. Sometimes, $5 deposit casinos start their welcome packages with a mere $1 deposit required for a certain number of spins.

Available banking options, a portfolio of games and additional bonus offers are a must too. More details on each of these factors are coming right up:

Deposit Requirements

Deposit requirements are the first thing we check when reviewing $5 deposit casino sites in Canada. Most of the brands featured above require at least a $5 deposit to claim the welcome bonus. But, some go as low as $1 and offer a $5 deposit match as the second tier of their welcome package. In some places, you can get 2 generous rewards for $6 across 2 deposits.

Bonus Offers

Our findings indicate that Canadian casinos with deposit bonus offers usually combine several deals into a single package. A perfect example of that is Ruby Fortune. For just a dollar, you’ll get 40 spins for Queen of Alexandria. The second deposit of $5 will give you another 100 free spins, this time for Fortunium Gold Mega Moolah. There’s a third deposit bonus too, and it’s a 100% deposit match up to $750.

Available Banking Options

Even though a certain casino offers a $5 deposit bonus, you might not be able to deposit just $5 with any of the available payment methods. Some payment methods on online casinos have higher minimum deposits than others. That’s why we only opt for brands that allow $5 deposits on the majority of supported payment methods.

Casino Gaming Collection

A massive portfolio of casino games is a must! Some players love to play slots, others enjoy immersive live casino gameplay. Some spend weeks chasing progressive jackpot slots. We take Ruby Fortune as the perfect example again since it’s one of the best Canadian casinos with Mega Moolah spins bonuses. More precisely, for $5, Ruby Fortune offers 100 free spins in Fortunium Gold Mega Moolah.

Pros & Cons We Noted On $5 Min. Deposit Online Casinos

While casinos with 5 dollar deposit offers might seem tempting, you need to know that not everything about them is rainbows and butterflies. Yes, they have their virtues, there’s no question about that. But, you must understand that there are some downsides too, just like there are with any other type of casino bonuses. Let’s talk about that!

Benefits of Using $5 Casinos

pros of CAD$5 deposit online casinos

Players love the fact they can get awesome bonuses for just $5. In fact, the biggest virtue of 5$ deposit online casinos is that they attract a ton of Canadian players and actually bring profit to them. What do they bring to the table, though? Well, the following:

Best Way to Try Out New Casinos

Don’t chain yourself to a single online casino. There are many outstanding online casino websites in Canada. We’re not saying you should join all of them; all we’re saying is that claiming cheap welcome deals is a great way to explore what different casinos have to offer. Who knows, perhaps your favourite casino is just around the corner.

Lots of Great Welcome Offers on $5

During our tests, we found more than a dozen casino sign-up bonus offers. However, only half of them are actually worth checking out. It’s not simply because of poor wagering requirements and other restrictions, but because some of the brands aren’t reputable enough to be featured on our list.

Excellent Multiplier Rate

Some of these offers offer superb multiplier rates. By that, we’re referring to generous free spins. 100 free spins at $0.25 per spin is practically worth $25. So yeah, these bets allow you to get $25 on $5 deposit. This value is even better when coupled with deals that have no game restrictions for free spins.

Financial Risks Are Relatively Low

You don’t have to worry about overspending on any of these casinos. To claim the bonus, you simply have to deposit $5. Make that $6 if you’re joining one of the casinos on our list that offer a $1 initial bonus plus a $5 second-deposit bonus. The financial risks with these bonuses are minimal, so there’s nothing to worry about if you play responsibly.

Drawbacks of $5 Bonuses On Casinos

cons of 5 dollar casino bonuses

According to our research, $5 deposit casino bonus deals are far from perfect. They tend to have high wagering rates coupled with heavy game restrictions on free spins. More details are right below:

Some Payment Methods Unavailable

Even though casinos offer $5 deposit bonuses, they might not be able to process your $5 deposit if you’re using a payment method that starts from $10. For instance, PaySafecard deposits typically start at $10 meaning you can’t use them to deposit $5. Sure, a $10 deposit will allow you to claim the bonus and double your bankroll, but budget-conscious players won’t appreciate this.

Most of the Promotions Have a Wagering Rate

You can’t expect to withdraw the winnings you’ve won through $5 free spins bonuses right away. Even though the biggest brands offer no wagering free spins, most Canadian brands have wagering rates associated with their welcome deals. This means you’ll have to play through the bonus funds several times over before being able to withdraw them.

Not All High-Stake Games Can Be Accessible with $5 Bank

Another notable downside revolves around high-stake games. You see, pretty much all high-stake games won’t be accessible with just $5 in your bankroll. That said, if you’re looking to claim one of these bonuses but you’d also like to access a high-stakes table, you’ll have to invest at least $20 for your first deposit.

Minimum Withdrawal May Be Bigger Than $5

Experienced gamblers are already familiar with this. However, if you’re a beginner, you might not know that the minimum withdrawal amounts might be bigger than the minimum deposits. Most of the time, the minimum withdrawal amounts range from $10 to $50, depending on the platform and payment method you’re using.

Popular $5 Min. Deposit Bonuses Available In Canada

The Canadian gambling market is flourishing at the moment. There are more and more online casino brands with splendid welcome packages. You can check out the best CAD$5 deposit casinos with cash offers right below:

Also, we collected a list of the best 5$ casino deposit deals with bonus spins from credible sites in Canada:

  • 100 FS on $5 Deposit
  • 125 FS on $5 Deposit
  • 150 FS on $5 Deposit
  • 175 FS on $5 Deposit
  • 200 FS on $5 Deposit

Alternative Deposit Amounts To $5

Beginners are typically looking for the cheapest entry fees. However, this won’t be the ideal solution for experienced players and high-rollers. If you’re not happy with casino sites with only 5 dollar minimum deposit, perhaps you’ll be happier with our further research on deposit casinos!

Specific Games Available On $5 Deposit In Canada

Our analysis confirmed games like Wacky Panda and Mega Moolah are the most sought-after titles right now. Lots of beginners don’t know how to find casino games with $5 min. deposit, so we’re happy to provide you with the following:

  • $5 Deposit Wacky Panda
  • $5 Deposit Agent Jane Blonde
  • $5 Deposit Mega Moolah
  • $5 Deposit Microgaming

$5 Min. Deposit Casinos: FAQ

  • Are there any $5 deposit casinos in Canada?

    Yes, there are. In fact, the Canadian gambling market features more than a dozen sites whose welcome bonus deals fit the description. If you’re looking for sites that are actually worth checking out, refer to the table at the very top of this page.

  • What is the newest casino with 5 dollar deposit?

    Looking for the newest, most modern-looking casino site for Canadians? Look no further than Jackpot City Casino! It offers more than 850 games, is a part of the Belle Rock Entertainment Group, and features top games from the likes of Microgaming, NetEnt, and Evolution.

  • What is the best $5 min deposit casino available for Canadian players?

    Canadian players have plenty of great choices as far as $5 min deposit casinos go. But, from our tests, we can safely conclude that Captain Cooks is the best specimen at the moment. Not only does it offer a superb welcome package, but generally offers better gambling experience on all devices.

  • What bonuses can I receive on 5$ first deposit?

    There are all sorts of $5 deposit bonuses available these days. Some offer free spins, others offer 100% bonus matches. Some even go as far as to offer 400% deposit matches. Keep in mind, the more lucrative the bonus seems at first glance, the more difficult will the wagering requirements be.

  • Can I withdraw my $5 deposit immediately?

    Unfortunately, you won’t be able to withdraw your $5 deposit right after claiming the bonus. You’ll have to complete the bonus requirements. Another thing worth mentioning is to check the minimum withdrawal amount as they might be substantially higher than CAD 5.

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