Information about £5 Bingo Sites

Contents

What are £5 Deposit Bingo Sites?

Head to many online bingo sites and you’ll notice the minimum deposit is £10. Online casinos and poker sites are usually the same – it’s a widely accepted standard in the gambling industry.

Many players, however, don’t want to deposit £10, especially if they’re joining a new site and want to test it out before depositing bigger amounts – and this has created a gap in the market for operators. Their solution? The creation of so-called £5 bingo sites.

Today, there are lots of bingo sites that will allow you, for roughly the same amount as you’d spend on a decent coffee, to take advantage of a welcome offer and some good old entertainment.

£5 deposit bingo sites allow you to start playing your favourite bingo games without spending too much cash.

Things to look out for

As with any new-player bonus you should always familiarise yourself with the terms and conditions at £5 bingo sites.

For example, if you choose to claim a welcome bonus you need to be aware of the wagering requirements attached. Wagering requirements accompany all bingo bonuses, and represent the number of times you have to wager any bonus funds before you can withdraw the money as real cash. Wagering requirements vary greatly depending on the bonus you claim – but they tend to be between 10-65X the bonus amount.

Some £5 bingo sites will also implement a maximum cash-out from their bonuses. This is especially common with no-deposit bonuses and free bingo tickets, and it’s designed to limit the financial exposure a site faces. You will, however, always be able to withdraw your own non-bonus funds.

You should also make sure you’re eligible to claim a welcome bonus. With the vast majority of bingo sites operating under a ‘parent’ company, some sites have started to implement terms where you can only claim a bonus at one of the sites on a specific platform. It’s more common at online casinos, but it’s still something to be aware of – and you should check the bonus’s terms and conditions to ensure you’re eligible to claim it if you’re already registered at a sister-site.

Which sites offer this welcome package?

While there are a large number of sites offering welcome bonus offers on a £5 deposit, the two most common platforms you’ll come across are Dragonfish and Virtue Fusion.

These platforms both have hundreds of bingo sites under their belts and many of these sites allow you to get matched deposit bonuses, free spins and free bingo tickets for depositing just £5!

For example, many of the sites running on the Dragonfish platform offer a “deposit £5 get free spins” with free bingo tickets. Some even give you an additional matched deposit bonus for the slots, although it’s completely optional and not required in order to claim the main bingo bonus.

What else do I need to consider?

Most £5 deposit bingo promotions are usually only available for first-time depositors; this means, after your first deposit, you’ll often need to fund your account with a minimum of £10. Bingo sites do this in the hope of attracting new players with a low minimum deposit and bet on you liking their site, thus becoming a regular player.

In the past, some players found themselves unable to withdraw their funds at £5 bingo sites. This was because most sites had a minimum withdrawal limit – usually £10 or £20. However, due to new regulations from the UK’s Gambling Commission, all bingo sites are now required to allow players to withdraw their unspent deposits at all times. This means you’re able to withdraw your real money balance at any time, regardless of the amount. 1

You should also consider the payment options available to you, and ensure they’re eligible to be used in conjunction with the bonus you’d like to claim. For example, many online gambling websites exclude Skrill and Neteller from being used with new-player welcome bonuses due to a history of fraud. 2

All £5 bingo sites allow you to deposit using your debit card, but if you have specific banking needs it’s worth checking the option you want is available.

Playing bingo on a budget, tips and hints.

While some players may be looking to play at £5 bingo sites to test out the website before committing more money, others simply want to play on a budget. If that’s the case with you, you may be wondering about the best way to get as much play-time for your money as you can.

The first thing you should look out for is the price of bingo tickets themselves; look for rooms that offer penny bingo. These rooms allow you to purchase bingo tickets for 1p or 2p each. However, these rooms are very popular and it’s not uncommon to see thousands of players during “peak” hours.

To follow on from the above – if you’re playing bingo on a budget, it’s worth looking for bingo games with a low maximum number of players. This can increase your chances of winning as there are fewer players participating in every round.

We’d also recommend looking for single ticket bingo games. This type of game format tends to offer a variety of betting options (the bigger the stake, the bigger the prize) but each player only has one ticket, so everyone has the same chance of winning. This means players are unable to purchase a large number of tickets and everyone’s on the same playing field.

If you choose not to play single ticket bingo, always be conscious of the ticket limit of the room. Many players will max out the number of tickets they can buy, and if you’re playing with just one ticket against a player with 90, the odds are tipped heavily against you.

If you’re really on a budget – or don’t feel ready to risk any of your own money – you can also look for free bingo rooms. These are offered by many leading bingo sites and they allow you to play bingo for free. Naturally, these rooms are very busy and the prizes are usually very small – but it’s a great way to get playing for free!

Other welcome offers for players on a budget.

While many £5 bingo sites offer matched deposit bonuses, there are other welcome bonuses available – if you shop around! For example, some sites will offer a “Deposit £5 Get Free Spins” promotion, giving you a number of free plays on a selected slot machine.

Another offer – one we see regularly from sites on the Dragonfish platform – gives you a number of free bingo tickets for making a £5 deposit. These bingo tickets can then be used on a select number of games, with any winnings credited straight to your account.

Many bingo sites also run special promotions; these are usually time-limited and coincide with notable events or festivities. Christmas, for example, typically sees many bingo sites offering enhanced new-player promotions; some sites even run giveaways, allowing you the chance of winning gadgets, holidays – even cars, as seen in Sun Bingo’s famed “Fiat 500 Giveaway” promotion! 3

With so many different welcome bonuses available, it’s always worthwhile looking around to find the best deal. Feel free to browse the offers on this page to find the best £5 bingo sites currently welcoming new players.

Conclusion

Playing bingo on a budget can be exhilarating – and with so many fantastic £5 deposit bingo sites around you’ll be spoilt for choice when it comes to finding your preferred site. Today, more operators are choosing to lower their minimum deposit to £5, and this gives you more choice than ever, with hundreds of different new-player bonuses to choose from.

Be sure to read through the full terms and conditions of any bonus you’re claiming to ensure you don’t accidentally break any of the terms. If in doubt, contact the site’s customer support team who’ll be happy to answer your questions.

Remember, we scour the web to find the best £5 bingo sites – so you don’t have to! All of the bingo sites you’ll see here at Bingo Paradise have been hand-picked and vetted by our team of experts; they’re all licensed and offer a superb range of bingo games, slots and more!

References/Citations
1. https://www.gamblingcommission.gov.uk/for-gambling-businesses/Compliance/General-compliance/Social-responsibility/Fair-and-transparent-terms-and-practices.aspx#Restrictiononwithdrawingdepositanddepositwinnings
2. https://egr.global/intel/opinion/bonus-abuse-the-burning-issue-for-wallets-operators-and-affiliates/
3. https://www.businesswire.com/news/home/20080904005558/en/Winner-Sun-Bingo! 

£5 Bingo Sites FAQ

  • What are £5 Deposit Bingo Sites?

    Put simply, a £5 Bingo Site allows you to make a first time deposit of just £5. Usually (but not always), this will entitle you to claim the welcome offer available at that site. You should read the significant terms that apply to the welcome offer to make sure this is the case.

  • Can I win money from a £5 Deposit?

    Yes. The £5 deposit you make is 'real money' and therefore any money you win whilst wagering it can be withdrawn. Be aware that if you are awarded 'bonus money' during the sign up process, the situation gets more complicated and wagering requirements may have to be met before a withdrawal can be made.

  • Why are £5 Deposit Bingo offers so rare?

    This is largely due to legal obligations that operators now have to conduct identification checks on players. Every time a player registers a cost is incurred and this detracts from the profitability of such an offer.

  • What do I need to look out for?

    Make sure that you understand what you're signing up for. It's one thing that the site you've chosen accepts a minimum deposit of £5, but does this entitle you to the welcome package? If you do qualify for the welcome package, you should get to know the wagering requirements that are likely to apply. All of the above information should be presented to you by the operator in the significant terms that apply to the welcome offer (presented alongside the welcome offer).

  • What bonuses can I expect for a £5 Deposit?

    Generally speaking, not a great deal! Some sites won’t even allow you to access their welcome package for a first time deposit of just £5. However, the aim of this page is to list sites that will offer you something in terms of a bonus for a deposit of just £5.

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