A 500% casino bonus is an incredible offer, but also one of the rarest on the market. When you see such a generous promo, it usually comes from a competitive operator that may also have other exclusive perks in store, such as wager-free VIP awards, cashback or custom withdrawal limits.
In our present article, we aim to break down all you need to know about this promo, the right tools to select a 500 bonus casino and how to steer clear of potential scams.
Due to the massive percentage, it’s not commonplace to find a single match offer of 500%. Instead, you may have to make successive minimum deposits and each will be accompanied by a different amount in extra funds until the total is reached. For example, you may get 250% on your first deposit, followed by 150% and 100% on the next ones.
Most Reliable 500% Bonus Casinos
How Does a Casino 500% Bonus Work
In spite of its scarcity, the 500 deposit bonus is certainly worth the extra effort to find and claim. For starters, it’s a remarkable offer that gives you an insane amount on top of your original deposit, which will keep you in the action for longer. With more playtime, you also have additional chances to strike big on a new game.
The promo may take several forms depending on the casino, but the principle remains the same. You make one or more deposits, and the casino matches them with bonus funds. At times, the operator may also include free spins or loyalty points.
If it’s granted on a single top-up, you can find it listed under multiple names, for example “deposit $10, play with $60”. In this scenario, you get $50 in additional play money. The main drawback is that there’s almost always a maximum bonus amount imposed to deter players from abusing the offer, for instance 500% up to $1,500.
What to Know Before Seizing Your 500% Bonus
The 500% deposit bonus may sound like a holy grail to you, but with exceedingly large offers like this, there are usually some less-than-desirable details hidden in the fine print.
The first one to check out is the maximum bonus cash out limit. This tells you how much you can actually take back home in real money after fulfilling the wagering. Make sure the amount is generous enough so you can make the most of it.
Secondly, the wagering requirement should also be accessible enough. A good strategy is to look for 500% casino bonuses spread over multiple deposits, with a more accessible wagering for each, for example 30x. This way you’ll clear each one faster and redeem the total value with ease. It’s a better way than trying to jump through hoops to fulfil a larger, say 90x wager on a single promo.
Lastly, before going for that next casino 500 bonus, make sure it has a good viability of at least 14 to 30 days, so you have a reasonable time window to meet the rollover.
How to Select the Ultimate Casino 500% Bonus
In recent years, more and more casinos with a 500% bonus have crept onto the market, in an effort to draw the attention of new players. However, not all of them are legitimate or trustworthy. We’re here to present you with the main factors to consider, so you pick a high-quality offer:
- Choose an incentive with moderate rollover requirements (e.g. x25-x35)
- Make sure that Terms & Conditions are straightforward and player-friendly. If you have any questions, contact customer support prior to making your deposit
- Pick a bonus with adequate time to complete your wagering (at least 7 days)
- Check what the restricted games are and make sure to avoid betting on the when using an active bonus
How to Withdraw your Bonus Effortlessly
To cash out any winnings derived from the 500 percent casino bonus, first you must learn the total wagering required to convert it into real money. With that out of the way, all that’s left is to locate the optimal game choices for this purpose.
Go for the Most Suitable Games
A solid strategy is to use your play money on slots since we already mentioned they have a full contribution to wagering in most cases. To tip the scale even more in your favour, choose titles with higher RTP. Over time, these games return more of your placed bets in the form of a win and keep you playing for longer.
Meet the Rollover Demands
To understand rollover requirements in practice, you can use a handy calculator and follow our simple formula. If there’s a $500 bonus with a 40x rollover, you need to multiply these figures, so you’ll have to wager a total of 500×40 =$20,000.
The best banking method is always the one that isn’t regularly excluded from any promotions, gives you fast access to your funds and has broad limits on deposits & withdrawals. Keep in mind that Skrill & NETELLER rarely qualify for welcome bonuses. In addition, prepaid cards may face other restrictions, such as not allowing withdrawals.
Note
How to Benefit the Most from Your Bonus
An inspired course of action to take before redeeming a casino 500 deposit bonus is to carefully check the source to ensure legitimacy. With juicy offers like this comes the risk of running into questionable websites advertising misleading offers, at the expense of new and uninformed visitors. We invite you to choose a casino from our site, instead, as our team analyzes them in great detail before vetting them as safe.
We also invite you to go the extra mile and try to locate a budget-friendly option. Unfortunately, this promo often has a higher minimum deposit of $25 or $30 to account for the bigger bonus percentage. Pencil that in before budgeting and make sure you can afford it without breaking the bank.
What Casinos Are Featuring a 500% Bonus Now
International Casinos
Online casinos licensed by local European or UK authorities often have lower bonus percentages overall, due to tighter regulations. As such, it’s more likely to find your next casino online 500 bonus on a Curaçao gambling site, an independent platform or an offshore-established one in places like Panama or Belize.
Independent Casinos
The next spots that host the juicy 500% bonus are independent casinos. This option is particularly appealing for UK players, given that these platforms don’t have to adhere to UKGC’s strict regulations.
Aside from showcasing large welcome bonuses, they also allow British players to set up their accounts faster, without having to pass KYC before engaging in any of the games. Furthermore, there are fewer slot restrictions overall. It’s possible to activate Bonus Buy, plus the usual features that allow faster or automatic game rounds, namely Turbo Mode and Autoplay.
These sites provide further benefits in the banking arena, as well. Gone are the usual credit card restrictions found on UKGC-licensed casinos. Here, UK-based players can also top-up their accounts using privacy-focused means like cryptocurrencies, next to e-wallets and bank transfer.
Is the 500% Welcome Bonus worthwhile?
Although these large sign-up incentives are few and far between, they are certainly worth your attention if certain conditions are met. Any 500 first deposit bonus casino should promote responsible gambling practices, have transparent terms & conditions and a responsive customer support team.
Next, make sure the bonus stipulations are clearly outlined, so you can redeem the offer with ease, win fair & square and then withdraw without hassle. With an offer this massive, you can take your session to the next level and more than quadruple the money you started with. To pinpoint a balanced and budget-friendly offer, you can also consider our casino suggestions.