Yes. We know that is a short answer, but you can, really. You can even gamble with as little as a few cents if you want. Most online casinos still have a minimum deposit (normally between $10 and $20). However, once you’ve got the money in your account, games can normally be played for as little as a couple of cents a go. So, playing with $100 online is perfectly feasible.
So, when people ask: ‘Is $100 enough to gamble with?’, the answer is a resounding ‘yes!’ We’re going to take a look at how you can get the most out of that deposit, though.
Keep The $100 At One Online Casino
If you only have $100 to gamble with, then try to keep it at a single online casino. You don’t want to spread it about. Most online casinos have minimum withdrawal limits, so if you’re only gambling a few dollars at one specific platform, then chances are you’ll never hit that minimum withdrawal level unless you get very lucky and win multiple times in a row.
This means that you’ll need to take a bit of time to track down a quality online casino. Thankfully, there are plenty of review websites out there that will help. Read casino reviews, choose a quality casino (based on the games that are on offer) and you’ll be in a great position!
Bankroll Management Is Important With $100
Bankroll management is important, no matter how much money you are gambling with, but it is even more important when you are gambling smaller sums of cash, like $100. Proper bankroll management ensures that your money stretches as far as possible.
Bankroll management covers two things. The first is ensuring that you do not gamble more than you can afford to lose. Whenever you gamble, you should always expect that you’ll lose everything. Not only will it sting less if that happens, but it also means that your life won’t be adversely affected. Since you’re reading this page, we assume that you already know that you have $100 that you can afford to lose.
The second part is even more important when it comes to gambling with smaller sums of cash. This concerns how much you can feasibly bet each time – for example, how much you’re willing to pay for a single spin on a slot machine, or a hand of poker. Since you only have $100, you probably don’t want to be spending everything in a single go, so forget the $100 spins. In an ideal world, you should be splitting your bankroll up into 50-60 ‘parts’. However, some people may split it into 20-30 ‘plays’ if they’re a bit more into the risk. This ensures that you always have enough money to gamble with, and you’re not losing everything in one go.
You’ll need to adjust your risk (ie how much you gamble on each play) as your bankroll goes up or down. However, since you only have $100, you don’t want to go too risky.
Take Advantage Of Bonuses
With $100, any bonuses you get are not going to be too high. Bonuses will often have some strict requirements attached to them too. Don’t expect to ever withdraw your winnings from a bonus unless you get incredibly lucky. This is thanks to rollover requirements. However, bonus cash will help you to keep gambling for a bit longer, which is ideal when you only have small sums of cash to play with.
The Ideal Games To Gamble On With $100
Nowadays, most online casino games are fine to gamble on if you only have $100. The only ones that we would avoid would be live dealer games. While live dealer games are fun to play, they often have high minimum bets. This means that you’ll be getting fewer plays from your cash.
The Ideal games to play would be table games (eg roulette, blackjack etc), where you can gamble smaller sums of cash on each play. Most online casinos will have low-stakes options that you can play. Slot machines are also a go-to for many players, although bear in mind that you can still blow through your cash quickly. So, if you do play slot machines, make sure that you choose games that are low volatility, to keep the winnings coming in (even if those wins will be on the smaller side of things).
Some people also play online poker or even bet on sports. Both are good options, but it is easy to get carried away if you only have smaller sums of cash.
Final Thoughts
You can easily gamble online with only $100. The vast majority of online gamblers are likely spending as little as this each time – not everyone is rolling in cash like a YouTube gamer, you know! All you need to consider is proper bankroll management so you don’t blow through your cash too quickly. You should also think carefully about the type of game that you play. You want something that will generate reasonable returns (so your money doesn’t go too quickly), as well as offer a fun experience that you understand. The tips we discussed here will really help!