Online Poker Minimum Deposit Amounts
Most online poker sites have a minimum deposit amount that they will accept from real money players. Every deposit costs the poker site some money in transaction fees from the payment processor, so they enforce a minimum deposit in the hope that the depositing player will pay enough rake or tournament fees to cover the cost of the payment processing and they will make a profit from the deposit. As well as this, if the fee is a set amount it ends up being a smaller percentage of bigger deposits
Fortunately, the minimum deposit amounts are usually quite low and won’t put much of a strain on your wallet, particularly if you’re using very common deposit methods like Visa or Mastercard. In most cases, the minimum deposit amount will be in the region of $10 – $25. Sometimes if you’re using an eWallet like Neteller or Moneybookers, or other methods like eChecks, Ukash, or Paysafe cards you’ll find that the minimum deposit can be a little higher.
$10 Minimum Deposit Poker Sites
Some of the best poker sites have a $10 minimum deposit amount. 888poker has a $10 minimum for almost 30 deposit methods including Moneybookers (Skrill) and Paypal. Titan Poker is one of the oldest and best known rooms and the internet and they offer a $10 minimum deposit for a huge range of options including credit card, local debit card (e.g. Bancontact in Belgium, Instadebit in the UK, iDeal in the Netherlands) ewallet, and even PayPal.
Poker sites that accept US players like Bovada (formerly Bodog) have higher minimum deposit requirements, typically in the $20 to $25 range.
Do any Sites Offer a $5 Minimum Deposit?
While the minimum deposit at most poker sites is usually at least $10, a handful of sites offer you the opportunity to deposit just $5. For example players at BetVictor Poker can deposit $5 by almost all of their available payment methods, with the exception of Paysafe.
What Games Can I Play with a $10 Deposit?
A $10 deposit will give you a good choice of games to play, depending on how much poker action you want to get out of your deposit. It’s pretty unlikely that you want to just load up your $10, play five and hands and bust, so you’re better off playing lower stakes. The great thing about online poker is that there are stakes to suit every pocket For example, many sites offer $1 sit and go tournaments, so you could play 10 of these rather than risking your entire $10 on a single sit n’ go. The same applies to multi-table tournaments, where some sites have buyins as low $0.10. An MTT with a $0.10 buy-in and 2,000 entrants would probably pay the winner about $40. You could of course use your $10 to enter a single big field tournament and a shot at some big money. As long as you don’t go broke early, this will still give you some value for your deposit.
For cash games, $10 will give a single 100 big blind buy-in to a 5c/10c cash game, or if you like to play with a shorter stack, you could buy-in for 20 big blinds in a 25c/50c game and get involved in bigger pots more often. Most sites have a 20 big blind minimum and in some cases 30 big blinds. These limits are in place to stop the games being ruined by professional short stack players who use a mathematical formula to play with stacks of around 10 big blinds.