A Reddit Ads alternative for a business that cannot fund an auction at $50 a day
Reddit is where the people who buy software argue about it, and Reddit Ads can put a promoted post in exactly those threads. Its floor is $5 a day and its own advice is $50 a day per ad group; if you can fund that for a few weeks and stand the comments, run it.
If you cannot, The Board is not an auction and does not target anybody. It is one page of brands that people come to watch, sorted by what each brand paid, where a dollar buys a listing that holds until somebody pays more and the traffic is counted by Fathom in the open.
The Board is ours, so read this with that in mind. Every listing on it is a paid placement, its position is decided by money and by nothing else, and nothing on it is editorial. The figures for Reddit Ads were read from its own pages on 6 September 2026 and are linked at the foot.
What Reddit Ads is, and what it costs
Reddit Ads is a self-serve auction. You pick an objective, a daily or lifetime budget, a bid and an audience (communities, interests, keywords or your own lists), and a promoted post runs in feeds and comment threads once it has passed review, which the help centre says takes about 24 hours on weekdays and does not happen over a weekend. It is a second-price auction: the winning bid clears at the runner-up plus a cent, and an ad group can spend less than its budget if it loses often enough.
The help centre puts the minimum budget at $5 a day and the minimum bids in the US, UK and Canada at $3.50 per thousand impressions and $0.10 a click, and in the same breath advises at least $50 a day per ad group and more than $100 a day to test, as read on 6 September 2026. Reddit publishes no rate card. Third parties fill the gap: Benly, updated 24 March 2026, puts a click at $0.50 to $3.00 overall and $1.80 on average in developer tools, with CPM at $3 to $12; Recho, 15 January 2026, puts a US click at $0.50 to $4.00 with an average of $3.50.
Reach is Reddit's own, and it is large. The second-quarter 2026 earnings release of 30 July 2026 reports 130.3 million daily active uniques and 514.6 million weekly, 53.2 million of the daily in the United States, and $762 million of ad revenue in the quarter. What any one campaign gets is whatever the auction delivers inside its budget, reported by Reddit.
The price of a place, and the price of the top
Two prices matter: what it costs to be on the page at all, and what it costs to be the one everybody sees first. Drawn to scale, with The Board’s top spot read live from the board.
A log scale: every gridline is ten times the last, which is the only way a dollar and a five-figure sum fit on one line. Prices on the left are Reddit Ads’s as read on 6 September 2026; the top spot on The Board is $101 as this page was built and changes as the board does.
Reddit Ads and The Board, side by side
| Question | Reddit Ads | The Board |
|---|---|---|
| To be listed | Nothing up front; a budget of at least $5 a day, and every ad is reviewed first, about 24 hours on weekdays | $1, once, for a listing: a logo, a line and a link |
| What you pay | By auction, per click, per thousand impressions or per video view. Bids from $0.10 a click and $3.50 CPM in the US; third parties put a click at $0.50 to $4.00 in 2026 | $1 once for the listing; more only if you choose a higher position |
| What decides your position | A second-price auction on bid, budget and how the ad performs, every impression; there is no slot | What the listing has paid. Nothing else, and nobody decides |
| A guaranteed top position | None in self-serve. Reach is whatever the auction delivers, and an ad group can spend less than its budget | $1 more than whoever holds rank 01 has paid |
| What a month runs | $150 at the $5 floor; Reddit's own advice is $50 a day per ad group, about $1,500, and $100 a day to test | Whatever you paid once. There is no monthly charge and nothing bills again |
| Reach you can verify | Reddit's own reporting. The company reported 130.3 million daily active uniques for the second quarter of 2026 | Page views and outbound clicks counted by Fathom on a public dashboard; every listing shows its own impressions and clicks |
| What you get | Promoted posts in the feeds and threads of communities you chose, in front of people who did not come for you | A place on a page people watch, and a click from somebody who chose your brand off it |
| Best for | A business whose buyers gather in subreddits it can name and that can fund an ad group at $50 a day | A brand with a few dollars that wants a position it holds rather than an auction it re-enters |
Eight things to know before you pay either
| Question | Reddit Ads | The Board |
|---|---|---|
| Terms with a date on them | ✓ Reddit's advertising services agreement | ✓ Dated 25 August 2026 |
| A named operator | ✓ Reddit, Inc., San Francisco, listed on the NYSE | ✓ Dustin W. Stout, with a city and a Stripe profile |
| The price of the top spot published | ✕ Auctioned each impression; no fixed slot in self-serve | ✓ On the board, live, to the dollar |
| Reach counted by a third party | ✕ Reddit's own reporting | ✓ Fathom, on a public dashboard |
| Position lasts past a day | ✕ While the daily budget runs | ✓ Until somebody pays more; seasons end it |
| A refund path | ✕ None if you stop it; pro-rata only if Reddit cancels | ✕ None. Every payment is final |
| No curator between you and the page | ✓ Ad review only, about 24 hours on weekdays | ✓ None. Money decides, nobody else |
| On the page for a dollar | ✕ $5 a day minimum | ✓ $1, once |
How The Board works, for somebody leaving Reddit Ads
There is no auction on The Board and nothing to bid. A dollar lists a brand, a logo, a line and a link, and the page sorts every brand by what it has paid; the listing stays where the dollar put it until somebody pays more, with no daily budget to keep, no review queue and no subreddit rules to read. If you have posted in r/SideProject, the difference is that here the promotion is the point and the page says so.
Rank 01 costs a dollar over the holder and every amount is public, so the price of any position is a number rather than a bid. An amount never goes down. Hold the top for thirty days and the season is yours: the standings freeze on a permanent page and every amount resets. Every listing shows its own impressions and clicks, and the page's traffic is on a Fathom dashboard the site cannot edit, which is the counter Reddit's reporting does not give you.
Where Reddit Ads falls short, and where it wins
- The floor that keeps a campaign alive is $5 a day; the floor Reddit itself recommends is $50 a day per ad group, and the two are on the same help page.
- Nothing is held. Every impression is an auction, delivery can fall short of the budget, and the moment the budget stops so does everything else.
- There is no rate card and no third party counting. The click ranges are estimates by people who sell Reddit campaigns, and the reporting is Reddit's.
- Community targeting. A promoted post can run in front of the people who joined the ten subreddits where your buyers already are, which no leaderboard can do.
- Reach. Half a billion weekly active uniques, in the company's own second-quarter release.
- A free door beside the paid one: r/SideProject exists to show what you built, and a good post there costs nothing but the writing.
Which to pick
- You can fund an ad group at $50 a day for a few weeks and read the results.
- Your buyers gather in subreddits you can name.
- You have a post that reads like a redditor wrote it, because the comments will say if it does not.
- The budget is a few dollars once, not five a day for a month.
- You want a position that holds until somebody pays more, not an auction every impression.
- You want the count kept by somebody who is not also the seller.
A listing is a logo, a line and a link. Rank 01 costs $1 more than whoever holds it, every amount on the page is public, and the traffic is on a Fathom dashboard anyone can open.
Questions people ask about a Reddit Ads alternative
Is there a free Reddit Ads alternative?
How much do Reddit Ads cost in 2026?
What is the minimum budget for Reddit Ads?
Is The Board a Reddit Ads alternative?
What does The Board cost compared to Reddit Ads?
How long does Reddit ad review take?
What happens when somebody outbids me?
Can other brands damage my listing?
Do I get a backlink from The Board?
Sources
- Reddit, second quarter 2026 results (Exhibit 99.1), 30 Jul 2026
- Reddit Ads help, budgets and bidding, 6 Sep 2026
- Reddit Ads help, ad review process, 6 Sep 2026
- Reddit Ads help, advertising services agreement, 6 Sep 2026
- Benly, Reddit Ads cost benchmarks, updated 24 Mar 2026
- Recho, how much do Reddit ads cost in 2026, 15 Jan 2026
- rankhog, r/startups rules, verified 9 Jul 2026
- redditmaster, r/SideProject rules, 6 Sep 2026
Read on 6 September 2026. Prices on these sites move, and a figure here that no longer matches its source is a figure to tell us about: hello@toptheboard.com.
Also compared: Google Ads, Facebook Ads, LinkedIn Ads, X Ads, Carbon Ads, BuySellAds, Paved. Every listing site worth submitting to is in the directory list.