500% Casino Bonus

What is a 500% Deposit Bonus?

Every casino’s ultimate goal is to be at the apex of the casino food chain. Consequently, one of the means by which they accomplish this is by offering the absolute best deposit casino bonus to their members, and the 500% bonus is a rare but famous one.

A 500% deposit bonus will allow you to play for a total of 6 times your initial deposit!

Kate

Naturally, strict terms and conditions surround the offer, which we dig deeper into further down. The offer has quite some downsides. However, if you are looking to spend as little as possible and get the most play time, 500% bonuses are the way to go.

Pros & Cons

How Does a 500% Casino Bonus Work?

Few offers attract players as strongly as a 500% casino bonus. Even though it is much more difficult than finding a 300 percent bonus casino, it is also a much more rewarding. The possibility of playing your favourite games nearly for free is enticing, especially if the casino is willing to match your deposit not only once but five times. To further show you how it works, we have created some examples:

As you can see, a 500% deposit bonus will give you a lot of extra funds. Sounds glorious, right? Sadly, we have a fact for you that will bring you back to earth. The bonus cap tends to be relatively low for such offers, so in reality, you will not be able to get €1500 in bonus when making a €300 deposit. The bonus cap rarely exceeds €100, so in reality, the offer would look more like this:

As you can see, the offer is still perfect for players making a small deposit, but less valuable for those who plan on spending more money. As such, a 500% welcome offer is less suitable for high rollers who will get a much higher value when claiming a regular 100% match bonus instead.

How do I Claim the Bonus?

Although finding a 500% bonus can be difficult, any registered user who meets the requirements — new customers or high rollers — can claim it.

The bottom line is that 500% casino bonuses as well as 600% casino bonuses, come in a variety of shapes and sizes – some require a promo code to be activated, and some will only increase your initial deposit by 500% and add nothing else. In contrast, some offer free spins along with the bonus.

Normally, such offers are a part of the welcome bonus and reserved for new players. The majority of online casinos will automatically give you the bonus when making an eligible deposit, but keep in mind that a bonus code might be required. But fear not; if that’s the case, it will be easy to see on the promotions page.

Why Claim 500% Casino Bonuses?

A 500% bonus has many limitations, but there are many reasons to claim it when offered.

For starters, this is the perfect bonus for new players to try gambling for real money, as they get more playtime without spending a lot of money. In the end, the chances of getting a big profit might be small, but the chance is still there. It allows you to try a range of games without risking a lot.

This bonus is also perfect for casual players on a budget who enjoy infrequent gambling. For example, if you like to try slots now and then, just for fun, a 500% bonus will give you a lot of gameplay for a small deposit. The same goes for the experienced player trying out new foreign online casinos, as you won’t lose much if they turn out to be rogue.

As previously mentioned, high rollers might be better off claiming 100%-200% bonuses as they have better conditions and provide more bonus money. But for the casual gambler, a 500% bonus will be well worth it, in our opinion!

500% First Deposit Bonus Casino Terms & Conditions

Large bonuses, in particular, come with a lengthy list of terms and requirements, so make sure you comprehend each one thoroughly. Some of the most common T&Cs surrounding 500% bonuses are:

1. Minimum Deposit

   This is the minimum deposit amount required for a player to qualify for a bonus offer. Typically, the sign-up bonus is a small amount, such as €10.

   A 500% bonus offer with a minimum deposit is frequently phrased as "deposit €10, play for €60." Larger deposits are, of course, welcomed, but they won’t give you a higher bonus.

2. Wagering Requirements

   On average, casinos impose wagering requirements ranging from 30x to 50x on bonus money, player deposits, or both. The lower the wagering requirements, the better, as you can wager less of your bonus to cash it out. Choosing the best casino sites no wagering requirements is prefered as this saves you lot of times in the end. However, since a 500% bonus is highly risky for the casino, they often max the wagering requirements, so your chances of great profit is slim.

   Before claiming a 500% bonus, be sure to check which games contribute to the wagering requirements. Slot machines typically contribute the most, followed by poker and roulette with smaller percentages.

3. Maximum Bonus Cap

   To prevent financial loss or players from abusing a bonus, operators will limit the maximum amount they will match your deposit up to. They may also limit the amount you can win with the bonus.

4. Time Limits

   500% bonuses are time-sensitive in the same way that many other offers are. You typically have up to 30 days to claim a 500% deposit bonus, but you must also consider the time required to meet the wagering requirements.

   If you see wagering requirements of 70x and a time limit of less than one week for a small bonus, it’s best to walk away. In this instance, it is evident that the casino is betting (no pun intended) that you will miss the deadline.

   Free spins, on the other hand, typically expire after seven days

Casino 500% Bonus FAQs

Kate WebbEditor in Chief

With over ten years of experience working with gambling and writing about casinos, Kate brings a lot of knowledge to CasinoTop3.com. Kate oversees all the content written on CasinoTop3.com to ensure it contains factual information with value to you as a player.

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