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US Gambling Sites / $20 Minimum Deposit Sportsbook USA 2024

$20 Minimum Deposit Sportsbook USA 2024

Best Betting Sites with 20 Dollar Deposit

Last Updated on 30/01/2024
Fact checked by: Mark Lewis

Here at Captain Gambling, we looked at why betting sites with minimum deposits of $20 might be the best option for potential customers ready to begin their sports betting journey.

Our expert team created this guide to highlight why $20 is an ideal amount to start with compared to other platforms that want you to deposit less. You’ll develop your understanding of a 20$ minimum deposit sportsbook USA and discover how your funds will expand on various sports odds. So if using minimum deposit sportsbooks interests you, read on.

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Sportsbook of the month
Top Bookmakers
Bet365
4.5/5

Compare the USA's Best Sportsbooks With $20 Minimum Deposit

Our Top Picks
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DraftKings Sport
Recommended
Favicon
4.6/5
  • Massive sports bonus
  • Competitive betting odds
  • Good live betting platform
DraftKings Sport Promo
No Sweat First Bet up to $1,000 + All-Customer SGP Insurance
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to DraftKings Sport
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Payment Methods
PayPal
VIP Preferred
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Award
EGR Operator Awards (2023)
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FanDuel Sport
Hot Offer
Favicon
4.6/5
  • Coverage for 16+ sports
  • User-friendly site
  • Competitive odds
FanDuel Sport Promo
Bet $5 Get $150 in Bonus Bets
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to FanDuel Sport
Visit Site
Payment Methods
Prepaid Card
PayNearMe
PayPal
+
Withdrawal
1 – 10 Days
Apps
License
Virginia (US) Lottery Board
Award
Global Gaming Awards (2022)
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Bet365
Hot Offer
Favicon
4.5/5
  • Extensive Selection of Markets
  • Highly Competitive Odds
  • High-Standard Mobile App
  • Wide Range of Live Betting Options
Bet365 Promo
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
Virginia
Players from Virginia accepted
Go to Bet365
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Payment Methods
Find out more on Bet365.
Withdrawal
0 – 10 Days
Apps
License
Virginia (US) Lottery Board
Award
EGR Operator Awards (2017)
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
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Caesars
4.
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4.5/5
  • User-friendly site and app
  • Smooth live betting experience
  • Reliable customer support
Caesars Promo
100% up to $1000
Virginia
Players from Virginia accepted
T&Cs apply, 21+
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E-Check
PayNearMe
Skrill
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Apps
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Virginia (US) Lottery Board
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BetRivers.com
5.
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4.5/5
  • High-quality live betting options
  • Range of sports available
  • Excellent usability
BetRivers.com Promo
100% up to $500
Virginia
Players from Virginia accepted
T&Cs apply, 21+
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PayNearMe
Bank Transfer
VIP Preferred
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Withdrawal
0 Days
Apps
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Virginia (US) Lottery Board
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BetMGM Sportsbook
6.
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4.5/5
  • Excellent range of sports markets
  • Plenty of betting options
  • Impressive odds
BetMGM Sportsbook Promo
Bet $5 Get $150 Instantly in Bonus Bets
Virginia
Players from Virginia accepted
T&Cs apply, 21+
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Payment Methods
PayNearMe
PayPal
Bank Transfer
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
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BetFanatics
7.
Favicon
4.3/5
  • Quality online sportsbook
  • Competitive betting odds
  • Big promo expected
BetFanatics Promo
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
Virginia
Players from Virginia accepted
T&Cs apply, 21+
Go to BetFanatics
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Virginia (US) Lottery Board
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Barstool
8.
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  • Awesome risk-free bet bonus
  • Top prematch and live odds
  • Cool Quick Pick 6 feature
Barstool Promo
Virginia
Players from Virginia accepted
T&Cs apply, 21+
-
Payment Methods
E-Check
PayNearMe
PayPal
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Withdrawal
1 – 5 Days
Apps
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Virginia (US) Lottery Board
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Advantages of using a 20$ minimum deposit sportsbook USA

For potential sports bettors in the US, we wanted to highlight why a sportsbook 20$ minimum deposit has benefits. At Captain Gambling, we discovered this amount is excellent for individuals new to sports betting and those with some skills they want to develop. So we detailed some popular advantages below.

Start with a small budget

If you’re beginning your online betting experience, $20 is a great figure to start with. Our minimum deposit guide did the research and found that many US sportsbooks allow customers to wager small amounts on their betting slips. Some are even as low as $0.10, like on FanDuel sportsbook. So you can try your luck with various sports odds until you’re comfortable making bets with higher amounts. There is also less risk when you start with a small minimum deposit, as some operators encourage customers to use their platforms more regularly.

Manage your spending

Choosing a sports betting 20-dollar minimum deposit is also perfect for potential customers to track how much they’re spending. Once you’ve determined how often you’ll use the sportsbook during the day, week or month, you can figure out how much of your initial budget you wish to spend each betting session. You can also determine when you’re ready to deposit more funds, depending on how well your experience is going.

More opportunities to practice your skills

As we mentioned, some platforms have very low wagering limits, meaning their payout options might also be low. But you have more chances to practice your skills with low wagering limits. So if you’re unfamiliar with sportsbooks, you can choose from an extensive range of sports events, including football, soccer, tennis, hockey and boxing.

 

How to register a sportsbook account - Our step-by-step guide

If you’re reading this guide and are considering choosing a 20$ minimum deposit sportsbook USA, we put together this detailed guide on creating an account and setting up your payment method to do it.

Select the best sportsbook for you

At Captain Gambling, we have a range of comprehensive guides to various sportsbooks in the US. Some require you to deposit less than 20$, while others encourage you to start with that amount as this could also allow you to be eligible to redeem promotions. If you’re unsure which sportsbook to register an account with, we recommend looking through our research to determine which could be the best option for you and your skill level. For example, we discovered DraftKings has a minimum deposit of 5$, but this could change depending on your state, as there are regional offers to consider too.

Input your details

Once you’ve chosen the most suitable sports betting site, you can input your details and set up your account. This usually takes a few minutes, as you’ll only need to give your name, email and password. On some platforms, you can connect your Facebook account, where your information will be prefilled onto the sports betting site. You’ll then need to confirm you’re at least of minimum age, so a photo ID might be required. But once that is complete, you can start to think about which payment method will be your preferred choice for all deposits and withdrawals.

Connect your payment method

When sports betting, customers generally need to use the same option to fund and cash out from their accounts. Some common payment options include credit and debit cards, prepaid credit cards, wire transfers, cheques, e-cheques and e-wallets. There may be a transaction fee depending on the payment method you decide to use, so double-check that before funding your account. The deposit time also varies depending on the payment type you’ve chosen. We found that e-wallets process pretty quickly, and the maximum time it takes can be a couple of business days, especially if it’s a large amount you want to put in. Similarly, withdrawals are processed speedily, from three to five business days for e-wallets or seven to 10 for cheques.

Deposit your funds 

You can now start with a $20 minimum deposit betting amount in your sportsbook. If you’re familiar with sports betting and have a preferred event, you can check out the odds for each game. Some odds are rare and depend on the tournament, like the annual NFL Super Bowl or the Fifa World Cup for soccer that occurs every four years. So you may have more competitive odds to consider with these as they aren’t as common.

Utilize welcome offers and start betting

We recommend customers look out for new customer bonuses, as some of these will require you to deposit a minimum of $20 to redeem your reward. These offers could also help expand how far your initial bet goes. Some popular welcome promotions include a matched deposit, so if you put in $20, you’ll get an additional $20 to bet with once your funds have been used up. There may also be a signup bonus where you only need to create an account, and your reward will be ready for you when you first log in.

Make the most out of your sports betting experience

We think potential sports bettors can take advantage of a 20$ minimum deposit sportsbook USA in their state. So we highlighted how you could make the most of your experience when you decide to deposit this amount.

Consider betting on the move

If you’ve chosen a platform that has a free-to-download sports betting app or a mobile-optimized website, we think this is excellent for boosting your betting performance. You’ll have more access to the sportsbook, making checking on various sports events and odds easier. You may have the opportunity to monitor live games on the site and choose in-play betting or pre-match betting, depending on how you wish to keep track of your wagers. You can also focus on international games more easily, as you can access them wherever you find yourself most comfortable, rather than being stuck to a computer screen.

Double-check the T&Cs

We think those interested in an online betting minimum deposit of 20 dollars should double-check the small print on your deposit limits. There may be rewards for customers who put in $20, but you might also want to increase your budget, so check to see if these offers work on higher deposits and if that affects the odds you choose to place wagers on too.

Conclusion - Choose a 20$ minimum deposit sportsbook USA on Captain Gambling today

Overall, we found using a 20 dollar minimum deposit sportsbook to be an excellent start to sports betting in the US. Some platforms may offer a lower amount to begin with, but with $20, you can select a range of sports events with low wagering limits to place bets on without breaking the bank. We recommend looking through our website to discover some of the best sports betting sites that offer a sports betting minimum deposit of 20$, as the state you live in could also impact the minimum amount you need to deposit. Some regions have various promotions for customers living in their area, so we suggest you check out what you can look forward to when deciding on the sports betting platform of your choice.

20$ minimum deposit USA FAQ 

❗ Which sportsbook has a 20$ minimum deposit?

At Captain Gambling, we look at some of the US's most popular online sports betting sites. We created our latest 20$ minimum deposit sportsbook USA guide to give our readers an idea of which platform offers this deposit amount. So check out our website for more details.

✍ Which sports betting site should I use?

If you're unfamiliar with sportsbooks or have experience and want to develop what you know on a new platform, choosing from the best sites in the US can be challenging. So we put together a 20$ minimum bet sportsbook USA review to consider if that's the type of platform you're looking for. Check out our website to discover more sportsbooks and select the one that aligns with your betting needs.

Sportsbook betting is legal in several states across the US. But you might not be sure if your chosen platform is legal to use in your region. We put together our latest 20$ minimum deposit sportsbook USA review to help you determine if you can use these operators in your area. So check out Captain Gambling today to confirm if these platforms are legal to start betting with. 

Top Betting Sites
Top Betting Promos
DraftKings Sport
DraftKings Sport
DraftKings Sport Review
4.6/5
FanDuel Sport
FanDuel Sport
FanDuel Sport Review
4.6/5
Bet365
Bet365
Bet365 Review
4.5/5
DraftKings Sport
DraftKings Sport Promo
No Sweat First Bet up to $1,000
T&Cs apply
4.6/5
FanDuel Sport
FanDuel Sport Promo
Bet $5 Get $150 in Bonus Bets
T&Cs apply
4.6/5
Bet365
Bet365 Promo
First Bet Safety Net up to $2000 OR Bet $5 and Get $150
T&Cs apply
4.5/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
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FanDuel - Get your Bonus Bet now! Get your Bonus Bet now!
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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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