Minimum deposits at online casinos in New Jersey
Before we get into the nitty-gritty about the different minimum deposit casinos NJ, we’ll explain what minimum deposit casinos, or otherwise known as low deposit casinos are.
In the online gambling industry, there are two types of casinos: high-roller sites and minimum deposit casinos NJ. Almost all of us know what a high-roller is: when players deposit and wager large amounts of money and play with big stakes. Of course, there are many high-roller online casinos available too, but today we're more concerned with the other type of online casinos.
Both new and experienced players are often looking for casinos that offer low-deposit options. An online casino of this type is called a minimum deposit casino. At these gambling sites, the minimum deposits are very low while players can enjoy various casino bonuses and win real money.
The low minimum deposit limits will differ from site to site, and in most cases, they’re valid for mobile gaming as well. Following are the most frequent minimum deposits casinos available in New Jersey:
- $5 Minimum Deposit Casino
- $10 Minimum Deposit Casino
- $20 Minimum Deposit Casino
What’s most important for casual players is that these minimum deposit sites don’t have some hidden requirements or unrealistic terms and conditions: you can deposit the minimum required amount and the money will appear in your betting account, and you can play your favorite real money games with that money.
$5 minimum deposit online casinos in NJ
As the name suggests, $5 minimum deposit online casinos are sites that accept a minimum deposit of just $5. Admittedly, these sites are rare, and the only legal NJ sites that accept deposits as low as $5 are DraftKings Casino and the social sweepstakes site FuzzPoints Casino.
The former is one of the most reputable gambling sites in the country when it comes to sports betting, casino gaming, and Daily Fantasy Sports, and holds a license obtained by the New Jersey Division of Game Enforcement. DraftKings accepts deposits as low as $5 made through a variety of payment methods, including PayPal, Visa/Mastercard, the e-wallet Skrill, ACH, or the Play+ DraftKings prepaid card. All deposits are instant, and depending on the payment method you’ve chosen, the money should appear in your betting account within seconds. By making a deposit of just $5, you become eligible for the welcome bonus and other offers and promotions.
The minimum amount you can wager depends on the game you’ve chosen, starting from $0.01 per payline on some online slots, to $0.10 for roulette, poker, and Live Dealer games, $0.30 for video poker, and up to $1 per hand for classic table games such as blackjack and baccarat.
$10 minimum deposit online casinos in NJ
In comparison to $5 minimum deposit casinos, $10 minimum deposit online casinos are much more common in New Jersey. Although a minimum deposit of $20 used to be the ‘golden standard’ for online casinos across the US, the tide is shifting, and more and more major casino brands have set a minimum deposit limits of just $10. The list includes some of the most popular online casinos currently operating legally in the Garden State, including Borgata, BetMGM, FanDuel, and Ocean Online Casino.
All of these casinos have a welcome bonus in place for newly registered players, and more often than not, the minimum deposit is enough to become eligible for the welcome bonus.
A good example of a minimum deposit casino NJ is Borgata Casino, which offers a deposit match welcome bonus of up to $1,000 for all new players, and it only requires a minimum deposit of $10. As an added bonus, the operator will provide an extra $20 on the house in Bonus Dollars - money you can’t withdraw, but you can use to play your favorite casino games. So, if you deposit $10, you’ll receive $10 extra as a part of the deposit match offer and $20 on the house, so you’ll have $40 in your gambling account to start your journey.
$20 minimum deposit online casinos in NJ
$20 minimum deposit casinos NJ are not as common as they used to be just a few years ago, but many people still consider this to be the industry standard. Expectedly, there’s a wide choice of $20 minimum deposit sites for NJ players, including the likes of major brands such as Caesars Online Casino and Hard Rock Casino - two of the most popular casinos in Atlantic City.
At Hard Rock Casino, you can get a welcome bonus of 50 free spins that you can use within your first 7 days of registering, and up to a $1,000 online bonus match on the first deposit. All you need to do is register as a new user, verify your account, and make a deposit of just $20. You can use any payment method you prefer, and the list of available payment services includes Visa, Mastercard, PayPal, ACH, Play+ Hard Rock prepaid card, PayNearMe, Cash at Cage, and more. As with every bonus offer, these promotions come with specific terms and conditions, so make sure to read them before you claim an offer.
Advantages of New Jersey Minimum Deposit Online Casinos
So, what is it about minimum deposit casinos that makes them so popular? Well, it’s pretty clear that there are many advantages of depositing just a small amount of money to play some of the best casino games - and the first one that comes to mind is reducing the risk-factor.
All forms of gambling come with a certain level of risk, but that’s heavily reduced by playing at a minimum deposit casino. You don’t exactly have to ‘break the bank’ to enjoy a hand of blackjack or spin the reels of the hottest slot games. Oftentimes, with a minimum deposit of just $10, you can enjoy all the games available in the online casino’s game library.
Another advantage of low deposit online casinos is the fact that the house edge remains the same regardless of how much money you deposit. Most modern slots have an RTP of over 96%, while classic table games such as blackjack or poker have an RTP of 99%. The RTP remains the same, regardless of how much you deposit.
The biggest advantage of minimum deposit casinos NJ, however, is the eligibility to claim the welcome bonus. As we mentioned previously, most NJ online casino sites offer some kind of a welcome bonus, and the minimum deposit is often sufficient to claim it. So, with a deposit of just $10, for example, you can get a deposit match bonus with the same value plus complimentary free spins or bonus money that you can utilize to your advantage.
Disadvantages of NJ Minimum Deposit Casinos
As with everything else, minimum deposit casinos NJ don’t come without some disadvantages as well. The first disadvantage is that even though you can claim the welcome bonus, the deposit match will be only of value only as much as you deposited. So, even if a platform offers a deposit match bonus up to $1,000, if you deposit $20, you’ll only get $20 in bonus money.
Another possible disadvantage is that even though you can win big at minimum deposit casinos, the maximum win at most slots is tied with the stake. So, if you play with $0.01 per line, don’t expect to hit seven figure jackpots.
And yet another possible disadvantage are deposit fees. Although rare, some banks or payment methods impose fees on deposits, and sometimes the fee can constitute a large percentage of your deposit.
Deposit and Withdrawal Methods at a Minimum Deposit Casino
Reliable and trustworthy payment services are one of the key aspects when choosing a minimum deposit casino NJ. It’s crucial that casino sites try to incorporate as many of them as possible to diversify the choice. Generally, NJ casino apps accept payment made using popular debit/credit cards such as Visa, Mastercard, and AmEx, online banking services, and e-wallets. Some of the most popular payment methods available at minimum deposit casinos NJ are:
- Play+ prepaid card
- Cash at Cage
- ACH Online Banking
- VIP Preferred e-check
- Wire transfer
New Jersey Minimum Deposit Casinos Summary
Minimum deposit casinos are increasingly popular in New Jersey, and for a good reason. They allow players to try out different casino games, claim the welcome bonus, and entertain themselves without spending too much money.
The advantages heavily outweigh the disadvantages, so if you’re looking for an online casino where you can deposit as low as $5, you now know what to expect.