Best 500% Casino Deposit Bonus Offers
Up to £1000 Bonus + 100 Free Spins
Up to 50 Bonus Spins
Deposit match up to £300 + 200 Free Spins
What is the 500 Bonus Casino Deal?
Not many offers can attract players, like the 500% deposit casino bonus. Playing video slots when the house is willing to quintuple the balance lets you take extreme risks, resulting in fabulous payouts. On a promotion so advantageous, you should expect a minimum deposit of around £100, meaning that you would be gambling with a £600 total bonus balance.
While the offer sounds terrific, there are some vital aspects you need to consider before you jump on the opportunity. The 500% deposit casino bonus will have anywhere between x20 and x35 wagering requirements, so you will have to bet between £12,000 and £21,000. It sounds like one of them good problems but keep in mind that it will take some time and patience.
Advantages and Disadvantages of the 500% Deposit Bonus
Most gamblers are well aware that one spin has the potential to change everything. Therefore, it should be reasonably apparent that playing with a considerable balance means you will have multiple chances at scoring that elusive spin. However, before you hurry to a 500 deposit bonus casino, you should consider the following benefits and possible downsides.
- It’s all about being able to take risks. If there’s a brand new game added to the casino portfolio, you can be among the first to try it out and assess its potential. Less popular games can be highly entertaining and a novelty experience.
- You get to play volatile slots with less frequent wins but a colossal payout when you get the correct combinations. Beef Lightning Megaways from Big Time Gaming and Rick and Morty Megaways from Blueprint Gaming would be great candidates.
- Unfortunately, wagering a large bonus balance isn’t the easiest of tasks. If you manage to get a favourable wagering requirement, of say x30, you still need a few hours to wager. Anything about x30 might simply take too long.
Common Terms and Conditions for the 500% Deposit Bonus
Every casino brand sets its terms and conditions, and they can vary widely from operator to operator. The 500% deposit casino bonus is quite exclusive and, most of the time, has a minimum deposit requirement, which means that you need to pay even closer attention than with other promotional deals.
As a rule of thumb, the bonus balance will appear on your account whenever you make a qualifying deposit. Before you start playing, verify that all the funds are there and contact a support agent if you run into any issues.
Minimum Required Deposit
As mentioned above, the 500% deposit bonus is tailor-made to attract new players or reward existing high-rollers. Therefore, there’s usually a minimum deposit requirement of £20 and above for newly registered players, while high-rollers might need to go above £100.
We need an example to explain this concept better. Let’s assume you will deposit £100 with a 500% deposit casino bonus. That means you will receive your £100 plus another £500 on the house, and all the funds will convert into a bonus balance. With an x20 wagering requirement, you will have to place bets that total £12,000 before you can request a withdrawal. Similarly, x30 or x40 playthrough requirements will have you wagering for £18,000 and £24,000, respectively. The moment you have finished placing the required bets, the funds will be available in your cash balance, and you can take them out or keep on playing.
A widespread requirement casinos place on bonus balance is restricting wagering to a set amount of time. Restrictive online casino deposit bonuses will require players to clear the wager within one week. Ideally, you should favour deals that allow you at least two weeks for wagering, especially if you have a 500% bonus match. If you do not clear the wager within the allotted time frame, the entire bonus balance will be voided.
When it comes to the 500 welcome deposit bonus, the offer can expire after a set number of days if you do not make a qualifying deposit. It’s best to choose offers that have reasonable expectations from players and allow you plenty of time to gamble at your own pace.
Different Wagering Contribution Percentages
Video slots will contribute 100% towards clearing the wager requirements. Keno and scratch cards also contribute fully because the house has the edge over the player. Casino games with very high RTP percentages, usually above 97%, can either not contribute towards wagering or be outright excluded. Sic Bo, War, Baccarat, Pai Gow Poker, or Craps fall into the above category. Of course, this will all depend on the casino you are playing at, and you must consult the terms and conditions before using any funds in your bonus balance. Here’s a contribution rates example:
- Video slots, scratch cards, and Keno – 100% contribution rate
- Table games bar Roulette – 10% contribution rate
- Roulette – 25% contribution rate
- Video Poker – 10% contribution rate
- Baccarat, Blackjack, Craps, Sic Bo – 0% contribution rate
If you wager £200 on Roulette or Video Poker, you will remove £50 or £20 from your rollover requirement.
Max Allowed Bet
This condition might be hard to find within the terms and conditions, but it is one of the most important stipulations. Where applicable, it restricts players to a maximum allowed bet, most commonly £5-10, when playing with a bonus balance. The wording on the maximum allowed bet is critical because there are two options: if you bet above the maximum, it will not count towards wagering requirements, or the entire bonus balance will be removed.
Our Selection Criteria for 500% Casino Bonus in UK
At first glance, the 500% deposit bonus might sound a little too good to be true, and that is why it is vital to verify that the casino that offers it is legit, safe, and secure. Whenever you sign up for a new casino, you take some risks, given that you need to share your sensitive information and banking details. Our review team has years of experience and knows exactly what to look for when considering an online casino, and the following aspects need to be covered.
Licensing and Security
We only recommend casinos that have managed to obtain a gambling license from a prestigious jurisdiction, therefore, ensuring that they implement the highest security standards. We hold the United Kingdom Gambling Commission, Malta Gaming Authority, and Alderney Gambling Control Commission as the golden standard and prioritise online casinos that have managed to secure their license.
It is also mandatory that the casinos have implemented above 128-bit SSL encryption so that third parties cannot intercept your financial data. Certificates from eCOGRA and iTech Labs are also essential to ensure frequent RNG testing.
Game Software Selection
Online casinos with 500% bonus need to have high-quality slots from the most reputable iGaming providers. Betsson, Pragmatic Play, Evolution Gaming, NetEnt, or NextGen Gaming will be placed higher on our list. Quantity is also necessary, and we want our readers to have plenty of titles to choose from, including progressive jackpots and live dealer games.
The quality of the customer support team needs to be top-notch. Interacting with the team should be quick, over multiple communication channels, and any issues you might encounter needs to be solved effectively. Before recommending an online casino, our experts interact with the support agents over the phone and email to check their response time and quality.
Players should receive a mobile casino bonus on both iOS and Android devices. Ideally, we check that the website is fully optimised for mobile devices so that you don’t have to download any apps.
We understand the value of reputation, and we also know that not all players can be pleased. Gamblers quickly voice their concerns or praises, and we analyse all reviews objectively and cross-check with industry insiders.
Casino Terms and Conditions
We verify that any online casino with 500% bonus has acceptable terms and conditions that are not unfavourable for the player. Playthrough requirements need to be achievable and fair.
How to Claim 500% Deposit Bonus
- Select a Casino from Our List: Browse through our low minimum deposit casinos collection and pick the most appealing one. We made sure only to include highly reputable casinos that have secured a gambling license, thousands of games, and competent customer support.
- Verify Their Reputation: Check what other gamblers have to say about the casino you have chosen. It doesn’t hurt to get a second opinion.
- Visit Casino Website: Visit the casino and see if they offer your favourite games and have reliable deposit methods. You should also check their terms and conditions.
- Create an Account and Deposit: Register for a new account with your name, email address, and phone number. After you have verified your account, you can deposit, and in most cases, the 500% bonus balance will be automatically credited.
Payment Methods for a 500% Deposit Bonus
All deposit methods available will qualify for a deposit bonus in most cases. In some cases, the deal could be only available with a deposit method chosen by the casino, which should be visible in the T&C.
Here are some of the most popular banking methods available for UK players that qualify for a deposit bonus:
- E-wallets: Skrill, PayPal, Neteller, ecoPayz
- Debit cards: MasterCard, Visa
- Pay by phone services: Boku, Zimpler, Payforit
500% Slots Bonus
Now that you have a fantastic bonus balance, you probably wonder what slot games you should start playing. The answer is simple: high volatility slots that have immense payout potential. These UK online slots are ideal when clearing wagering requirements, and we have included a few of the top choices:
- Synchronize Splitz from Yggdrasil Gaming with x64,800 initial bet win potential
- Extra Juicy from Pragmatic Play with x60,000 initial bet win potential
- Spicy Meatballs Megaways from Big Time Gaming with x55,210 initial bet win potential
- Is the 500% deposit bonus exclusive to newly registered players?
- Both new and already existing players can obtain the 500% bonus match. However, the 500% welcome bonus will be exclusive to new players.
- Will I be able to cashout the 500% deposit bonus?
- Yes, but you will have to clear the rollover requirements before requesting a withdrawal.
- Is the 500% bonus difficult to wager?
- If the wagering requirement is between x20-30, you should not have issues clearing the wager. Anything above might be tricky and time-consuming.
- Can I get a 500% bonus with no wagering requirements?
- Yes, while incredibly rare, we have included some of the best no wagering casinos on our list that have such deals.
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