Punters who are looking to deposit a mere £1 into their online betting account are in luck, as there currently are two bookmakers offering this: Lottoland and Hollywoodbets. It is perhaps not the most common strategy among punters, especially not with sports betting as decent stakes are often needed to make winnings that justify the effort.
Having said that, there might be a time when you already have a certain amount in your betting account, and need just £1 more to reach the perfect stake. For that purpose, therefore, Lottoland or Hollywoodbets could be the perfect option although it would require betting there often. On the latter site, small stakes are very common - after all - thanks to the lotto games.
Furthermore, staking just £1 could also make betting more of a fun activity with minimal risk of gambling addiction.
Lottoland accepts deposits as low as £1, provided that a debit card, Apple Pay or bank transfer is used as the payment method. This is the lowest in the UK and although it will not be the best solution for most punters, the betting site deserves praise for giving the latter the opportunity.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Visa
| £1 | Not specified | No fee | Instant |
Mastercard
| £1 | Not specified | No fee | Instant |
Apple Pay
| £1 | Not specified | No fee | Instant |
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
Lottoland Betting offer |
Welcome Offer
Bet £10 Get a £10 Free Bet |
No code required
| Claim Offer | Add a bet to your betslip with the minimum stake of £10 and tick “promotion opt in” on the betslip before placing your bet. Once accepted we’ll credit you with a £10 free bet. Minimum odds on qualifying bet 1/1 (2.0). Your qualifying bet must be placed within 7 days after claiming the offer. Maximum winning £500 from free bet. Ends 31/12/24 at 23:59 GMT. Full T&Cs Apply. |
Lottoland Betting offer |
Welcome Offer
Bet £10 Get a £10 Free Bet |
No code required
| Claim Offer | Add a bet to your betslip with the minimum stake of £10 and tick “promotion opt in” on the betslip before placing your bet. Once accepted we’ll credit you with a £10 free bet. Minimum odds on qualifying bet 1/1 (2.0). Your qualifying bet must be placed within 7 days after claiming the offer. Maximum winning £500 from free bet. Ends 31/12/24 at 23:59 GMT. Full T&Cs Apply. |
Hollywoodbets accepts £1 deposits for punters that decide to use the Instant Bank Transfer method, also known as Truelayer. This is one of the fastest and most secure deposit methods on the market, not to mention that withdrawals take just a few seconds with it.
Payment Method | Min. Limit | Max. Limit | Transaction Fee | Processing Time |
---|---|---|---|---|
Instant Bank Transfer
| £1 | £10,000 | No fee | Instant |
Operator | Welcome Offer | Bonus Code | Claim Offer | |
---|---|---|---|---|
Hollywoodbets Betting offer |
Welcome Offer
Up To £30 Back as a Free Bet + 20 Free Spins |
No code required
| Claim Offer | Deposit £10+ on card. Stake £10+ on both your 1st & 2nd bets at min odds of 1.5 (1/2) within 3 days of registration & receive a £10 Free Bet for each qualifying bet resulted as a loss. Free Bets only be valid on multiples with 3+ legs & min cumulative odds of 3.0 (2/1). Min odds of 1.4 (2/5) required per leg. Free Bets must be used within 3 days of them being received. 20 Free Spins will only be available for use on the slot game ‘John Hunter and the Book of Tut Respin™.Promo period: 12/08/2023 – 01/01/2024. |
Hollywoodbets Betting offer |
Welcome Offer
Up To £30 Back as a Free Bet + 20 Free Spins |
No code required
| Claim Offer | Deposit £10+ on card. Stake £10+ on both your 1st & 2nd bets at min odds of 1.5 (1/2) within 3 days of registration & receive a £10 Free Bet for each qualifying bet resulted as a loss. Free Bets only be valid on multiples with 3+ legs & min cumulative odds of 3.0 (2/1). Min odds of 1.4 (2/5) required per leg. Free Bets must be used within 3 days of them being received. 20 Free Spins will only be available for use on the slot game ‘John Hunter and the Book of Tut Respin™.Promo period: 12/08/2023 – 01/01/2024. |
If you have not deposited just £1 into a betting account before, you can follow our step-by-step guide (with screenshots) below. We decided to test this with Lottoland rather than Hollywoodbets. We have also done a separate guide on withdrawal at Lottoland, testing the process ourselves.
On a mobile device, Lottoland customers can reach the cashier by first tapping on the profile icon or the left menu, and then on 'Add Funds'. Desktop users, meanwhile, can click on the 'Add Funds' button immediately on the top menu bar.
The first step in the cashier is to enter the amount you would like to deposit. Lottoland has three listed amounts - £10, £20 and £50 - but there is also a custom box. This is where you will have to enter £1 if you are looking to make the smallest deposit possible. It should be noted that a deposit of £10 is needed to claim the Lottoland welcome offer.
The next step is to choose the payment method you would like to deposit with. As noted above, options such as MuchBetter, Paysafecard and Trustly are available for deposits. However, to make a £1 instant deposit at Lottoland, you must choose a debit card or Apple Pay. We chose to deposit with a Visa debit card.
First-time Lottoland customers looking to make a £1 deposit will have to add their Visa or MasterCard debit card details. This is a quick and easy job; simply enter the card's details into the Lottoland cashier.
Once the card information has been saved, Lottoland customers tap on the green 'deposit' button to complete the transaction. Deposits are instant, meaning any money that has been deposited into a UK Lottoland account can be used right away.
Most of the top betting sites in the UK offer deposits as low as £5, which is indeed low enough for a majority of punters. Anything below that will be difficult to make a decent profit with, although succeeding with a high odds acca bet is not unheard of. Below, we have collected some of the bookies that accept £5 deposits.
Isak is an experienced content writer with a background in sports journalism. Having focused mainly on football in the past, he certainly knows a thing or two about the betting industry. At BettingLounge, Isak makes sure that all of the content is up to date, specialising in reviews of UK betting sites.