06 Feb 2023Have you ever heard of a 500% casino bonus? A percentage match this generous may be hard to believe, but there are definitely some out there. Online gambling is such a competitive market that some operators are willing to go to great lengths to entice new players, and that includes 500% bonuses.
Even so, it’s quite unusual to come across a 500% bonus. Luckily for you, we have scoured the internet to find the best 500% deposit bonuses. Browse the listings on this page, and keep reading to discover more about 500% casino bonuses, including how to spot the best ones.
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Expertly Reviewed 1  | Casino Infinity Review → | €500 + 200 Free Spins |
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10  | Bitkingz Review → | 3 Bonuses up to €3,000 + 20 No Deposit Free Spins |
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12  | Wazamba Casino Review → | Up to €500 + 200 Free Spins |
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13  | Rabona Review → | 100% First Deposit Bonus up to €500 + 200 Free Spins |
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We don’t come across 500% casino bonuses that often, so you may be wondering what this type of offer entails. In a nutshell, a 500% match bonus is when the casino gives you an extra five times the amount of your deposit in casino credit. These bonuses are almost always given as a welcome offer to players when they open a brand new casino account.
For example, say you want to make your first deposit of $/€/£20. With a 500% match bonus, the casino gives an extra 20 x 5 = 100 units of free casino credit. This means that you have a total of $/€/£20 + 100 = 120 to play with as soon as you start. That, I’m sure you’ll agree, is a serious bonus offer.
Like all deposit casino match bonuses, this offer also has a maximum cap. You can deposit more if you wish, but you will not receive any more casino credit than the maximum advertised.
Note sure if you should choose a 500% bonus casino, or think that this bonus must be too good to be true? Like all offers, a 500% casino bonus always has positives and negatives. Let’s take a brief look.
The biggest advantage of a 500% casino bonus is that you get a lot of extra playing time at your chosen casino, even for a small deposit. Overall, it is one of the biggest casino bonuses you can find. For this reason it is a really great bonus for anyone who wants to spend less on gambling but still get a lot of value.
500% first deposit bonus casino offers are also the best possible introduction to a new site. You can use the credit to explore the site to your heart’s content, play your favourites and discover new games that you may have otherwise passed up.
When viewed in these terms, 500% deposit bonuses are really a something for nothing kind of offer. Casino games are a fun source of entertainment, and a 500% bonus gives you five times the fun and entertainment for the same price.
The catch, of course, is in the terms and conditions, and it’s usually a combination of factors that limit the amount of cash you can win from the bonus offer. First there are the wagering requirements – the value of the wagers you must make before the money can be released as real money. This is why we specify that 500% match bonuses give you casino credit, not cash.
Wagering on 500% bonuses is usually very high, which in turn reduces your chances of finishing up in much credit. Other limitations apply, and winnings are sometimes capped as well. Wagering also sometimes applies to your own deposited cash when using a bonus, so check before you decide how much to deposit.
The truth is that there are not so many different types of 500% casino bonuses to be found. Like we reported further up, this bonus offer is rather rare. Let’s take a look at some possible variations.
The most difficult part of claiming a 500% deposit bonus is finding one in the first place. Since we have done this part for you, everything else is simple. Here are the steps that you need to take.
Please note that some sites may have some extra steps, such as opting in to the promotion or entering a bonus code. Other sites require activation via the customer support. Each casino should have clear instructions to follow.
Choose an online casino
Compare casino sites, look at the bonus terms and conditions, and decide which one you would like to use.
Sign up at your 500% deposit bonus casino
Follow the prompts on the casino site to create a new account.
Make a deposit
Decide how much cash you want to deposit, and load your account on the banking page. Make sure it is more than the minimum deposit to claim the 500% bonus, but not more than necessary to reach the maximum bonus amount.
Claim the 500% bonus offer
The bonus should be credited automatically. If not, you can claim it by using a bonus code or contacting customer support.
With a 500% match bonus, there is usually no limit to the games that you can play. You can use the casino credit to play anything that is available at that operator, from blackjack and poker, to live casino games, to bingo and scratchcards.
However, if you want to clear the wagering requirements at the most efficient rate, then we recommend that you don’t stray from a slot bonus. Slot games usually make a contribution of 100% to wagering, while others like blackjack may contribute only 10%. So, you can still play these low-contribution games with your 500% casino bonus, but you will take much longer to clear wagering – if this is your goal.
500% deposit bonuses are not common, but they offer incredible value. Although the wagering can be a bit steep, players get so much extra playing time that it is still worth it. With this kind of promo, players get a large chunk of bonus money even with a small deposit. Quite simply, a 500% bonus gives you maximum value if used on the best online casino sites. Just be sure to stay away from rogue online casinos that have poor bonus terms.
This is where the casino adds another 5x the value of your deposit to your playing funds.
The wagering requirements may be very high – 50x or more – to prevent the casino from losing too much cash.
Yes, if you find them here on our toplist. Even if the wagering is fairly high, the bonus cash still gives you a lot of extra time to look around and try the casino on for size. You can deposit $/€/£10 and get to play for $/€/£50, and even if you decide you don’t like the casino, you have had a good long time playing and spent only $/€/£10.
That depends. There are a lot of other things to consider besides the 500% match bonus, for example does the site hold the games that you want to play? Bonuses are only one reason why you should choose a casino site.
With over twelve years of experience, Beth brings a lot of knowledge in the field of gambling and always deals intensively with casinos reviews. She is responsible for most of the content that is written on MrCasinova.com and she also manages all MrCasinova.com contributors. Beth is native English and graduated with an MBA from Anglia Ruskin University.
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