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A minimum deposit of $1 in a casino is the least amount of money that can be paid to gamble at an online casino. Minimum deposits are not applied for every game played, but only on some games such as slots or roulette. The minimal bet necessary while playing these games usually amounts to $1 (Euro or other currency depending on the country where the gambling is done). On the contrary, minimum bets do not exist for poker and blackjack, so it's possible to play with even less than $1 per hand/spin.
Small bets are more common than big ones because they allow gamblers to play longer without running out of cash quickly. If you want to try a few casinos before choosing the one that you want to play for real money, small stakes are perfect because they allow you to gamble in various online casinos without running out of cash too quickly.