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Typically most online sportsbooks accept bets as small as $10 online and that includes Saturday night’s Mayweather-Pacquiao fight. Some books accept upwards of $20,000 with $50,000 bets available to those with long histories at a particular sportsbook.
Most books will require at least $50 on deposit, usually via the more popular method of a credit card (Visa or Mastercard though some books have figured out ways to use Discover and Amex).
That $50 is a deposit with monies subtracted only if you lose a wager. Funds are added when you win your bets.
Generally, the more money you initially have on deposit the greater the free cash bonuses are with books like BetPhoenix offering a 100% cash bonus on deposits of $300 with a maximum of $1000.
- Tyrone Black, Gambling911.com
