by
Dave Talbot
Last updated: November 17, 2022

What Is A £500 Deposit Bonus?

A 500 deposit bonus has a couple of different meanings, depending on your interpretation of it, or how a casino is promoting it. The most common 500 deposit bonus is the bog-standard casino match deposit bonus, up to £500. This means that you would be in line to receive a match bonus (often 100%) up to the value of a maximum of £500. Some casinos stagger this amount and allow customers to claim up to £500 over a series of deposits and not just limited on their first deposit. 

💡 A 500% bonus means that you will get 500% on whatever you deposit, up to a maximum. If you do find a 500% bonus like this, then often, the bonus amount will be capped at a lower amount - such as £100. 

The 500 bonus could also mean getting 500 free spins on your first, second and third deposit too. Free spins are a popular casino offer and often form a major part of a casino welcome offer. Lastly, a 500 casino bonus could mean you get a whopping 500% deposit bonus. However, we will be the first to admit that 500% deposit bonuses are incredibly difficult to come by - almost impossible in fact, due to the costs involved. 

New 500 Casino Deposit Bonuses UK - 2022

Golden Lady Casino
4/5
655% up to £3,275 Welcome Package
Exclusive Bonus For Bitcoin Deposits
  • Accepts BTC & Crypto
  • Mega Welcome Bonus - Good For Highrollers
  • Alternative Choice of Games
Max. Bonus 655% up to £3,275. Wagering on bonus x35. Minimum deposit to qualify £25. Full terms apply. Bonus policy applies. 18+ only. T&C Apply | BeGambleAware #AD
Hyper Casino
4/5
100% up to £100
10% Cashback On Lost Deposits
  • Unique Design
  • Trusted Sister Casino Brand
  • Always Cashback
18+ New players only, min deposit £10, wagering 45x, max bet £5 with bonus funds, 100% up to £100 bonus on 1st deposit. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Cashback is cash with no restriction. Full T&C’s apply. T&C Apply | BeGambleAware #AD
Race Casino
5/5
Welcome Bonus up to £100
Plus On Site Promotions
  • Trusted Company & Casino Platform
  • Tons of Popular UK Games Including Slingo
  • Good for Progressive Jackpot Slots
18+ New customers only. Min deposit £10. Wagering 40x. Max bet £5 with bonus funds. 100% up to £100. Eligibility is restricted for abuse. No max cashout on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Full T&C’s apply. T&C Apply | BeGambleAware #AD
Captain Cooks Casino
4/5
100 Chances To Win The Mega Moolah Jackpot
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Welcome Offer Is For New Customers Only. The Minimum First Deposit Required Is £5, For All Subsequent Deposits The Minimum Deposit Is £10. The 100 Chances Are Credited As A £25 Bonus And Players Can Wager 100 Times At £0.25 On The Mega Moolah Slot Machines. A Two Hundred Times Wagering Requirement Applies On All Bonuses And Certain Games Contribute A Different Percentage To The Wagering Requirement. See T&C Apply | BeGambleAware #AD
Rolletto Casino
5/5
Welcome Bonus Package to to £6,000
Bitcoin Bonuses, Sports Betting Offers
  • Crypto/BTC Casino
  • 100+ Game Providers
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The minimum deposit eligible for the Bonus is 20€/$. Casino Bonus applies for the Slot games. Bonus will be credited to your account immediately after your first deposit. Then you should activate the bonus manually. (You should activate the bonus first and then play casino, otherwise, you will not get the bonus). You can only benefit from this bonus once and only on your first deposit. This Bonus cannot be used in conjunction with any other promotion. Casino Bonus and Deposit are subject to wagering requirements of thirty (30) times deposit plus bonus amount. T&C Apply | BeGambleAware #AD
Spinyoo Casino
5/5
100% up to £250 Slots Bonus
100 Bonus Spins
  • Top For Slots, Slingo & Live Games
  • Trusted Casino Provider/Platform
  • Awesome Yet Understated Design
18+. New players only. Min Dep £20. Max Bonus Bet £5. Offer: 100% of 1st deposit up to £250 + 100 Yoo Spins on Starburst, Book of Dead, Fire Joker, Gonzo's Quest, & Big Bass Bonanza respectively (first 20 credited on 1st deposit; rest credited at 07:00GMT at 20/day). Spins expire after 23:59GMT on day they’re credited. Winnings from each 20 spins capped at £50 & credited as bonus. Bonus funds expire after 30 days, are separate to Cash funds, & subject to 35x wagering of bonus + deposit amounts. Only bonus funds contribute to wagering requirements. Bonus funds can only be used on slots. Full Terms Apply. T&C Apply | BeGambleAware #AD
Royal Planet Casino
4/5
640% Welcome Bonus
209 Free Spins
  • Bitcoin & Crypto Accepted
  • Generous Welcome Bonus
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640% Bonus Terms: Maximum bonus amount is $3200. Minimum deposit to qualify $25. 30X playthrough. A maximum cashout of 1.5 times the bonus plus deposit applies. If your balance is greater than the maximum cashable amount the remainder will be removed automatically on cashout The casino’s general terms and conditions also apply. T&C Apply | BeGambleAware #AD
Mayfair Casino
5/5
Closed
N/A
  • Best Casino Bonus for December 2022
  • Trusted Company
  • Great For Popular UK Slots & Live Games
Mr Sloty Casino
5/5
Welcome Bonus 200% up to £2,000
120 Free Spins: Use Code: 400P120
  • Humungous Welcome Bonus
  • Great Design
  • Crypto Accepted
New customers only. Bonuses are subject to a play-through requirement of 50x the value of the bonus. Only slot games can be used to complete the play-through requirement of the bonus unless stipulated otherwise in the promotions’ terms and conditions. Participation in any promotion is subject to acceptance of the casino's full Terms & Conditions. T&C Apply | BeGambleAware #AD

Different Types Of 500 bonuses

As mentioned, not all 500% casino bonuses are the same. There are a few ways that casinos can offer this type of bonus. Below, we explain the most common types of 500 bonuses so that you can look for the best offers to suit your preferences and budgets:

500 Deposit Bonus (Welcome Package)

Probably the most common type of 500 casino bonus, you're likely to see a £500 deposit match as part of a welcome package. Some casinos will break up the £500 to offer it in an accumulated way. For example: On your first deposit, you will get 100% up to £250, on your 2nd you'll get 100% up to £100 and on your 3rd, 100% up to £150. In total, these 3 deposit bonuses equate to £500. Some casinos offer even more favourable percentages too, so make sure you look out for those. Higher %'s such as 200% and 300% allow you to get more match bonuses, with a smaller deposit needed from your side.

£500 Bonus: Regular First Deposit Offer

Some casinos will offer you a larger amount on one deposit only, though there won't be a second/third part to the bonus, like those above. This type of casino bonus is better suited to those who plan to deposit more in one go, as they'll reap the rewards as the match goes up to £500 on the first deposit.

500% Deposit Bonus

The real McCoy: the 500% deposit bonus is nifty, but it's in short supply. The reasons are because they're incredibly expensive to offer customers (contrary to popular belief, casino bonuses aren't just free dummy cash, they are funds that can help you win loads!) and tighter marketing restrictions mean that a casino cannot impose high wagering requirements (like in the old days) to ensure they protect themselves a little bit. 

The bottom line is, that you'll find it hard to find a straight-up and down 500% deposit bonus unless you play at offshore sites, which is something we'd never recommend because they will a slap on ridiculous wagering requirements which will mean you'll never see a cashout. As such, the best 500 casino bonuses are listed above: they're fair, have lower than average wagering requirements and they're available at safe and legal UK casinos which will treat you fairly and responsibly.

Wager Free 500 Bonus

To our understanding, no online casinos are offering a wager-free deposit bonus of any kind, especially up to a mammoth amount of £500. Some casinos offer wager-free free spins bonuses, but you'll rarely find anything of higher value. The reason for this is because of the costs and the risks involved in giving them.

Whatever the type of 500 bonus you end up claiming, we want our readers to be entirely satisfied with it. This is why we take extra care when compiling our bonus top list like that above. Below are just some of the reasons why we feel our 500 casino bonuses are the best, and also why we have chosen to list the ones that we have:

  • You can be certain that all of the casino brands you see on this page and around our website is secure and trusted. Our website is run by a team of enthusiastic casino and slots players, so we know how important it is to have peace of mind appreciating that any casino operator that you choose to spend your money with is going to be dependable.
  • The 500 casino bonuses on this page are constantly updated so that we always showcase the newest 500% casino bonuses and, if possible, the newest casinos online. Because the 500% casino bonus is a little harder to come by, and whilst we do our best, there may be less of a choice than some other regular casino bonuses such as deposit £10 get 100 free spins bonuses, for example.
  • Only casinos that do offer a 500 casino bonus of some kind will be featured on this page. As mentioned, this indicates that the casino could be offering 500 free spins, a £500 match deposit bonus, £500 on a series of deposits - or a lucrative 500% casino bonus.
  • Please ensure that you read each bonuses terms and conditions, which we've added to each bonus listing before you claim it. It's always advisable to be savvy about important bonus credentials such as wagering requirements, restricted casino payment methods, validity - and that sort of thing, to avoid disappointment down the road.
  • Compare the different 500% bonuses so that you find the best match. We've made it easy for you to compare each bonus and the casino it's available at. If you want to read more about a certain casino that offers the 500 casino bonus you like the look of, then simply click on "review" to open up the full casino review.

How To Choose A New Casino With A 500 Casino Bonus

The aim of claiming a new casino bonus is to get the best possible bonus for the least amount possible - with the fairest wagering terms. And on this note, who wouldn't love a 500% deposit match? As mentioned, regrettably, this sort of bonus is in short supply. However, if a recommended UK casino has one on their books, we will find it, rate it and hopefully add it to our 500 bonus top list above. The best way to stay familiarised with the 500 first deposit bonus market is to check back to this page frequently. Why not bookmark us so you save yourself the hassle of finding this page again? We're always on the lookout for new 500 casino offers so you will always find something interesting every time you check back.

What's more, it's also a good idea to get exclusive bonuses from the 'horse's mouth' so to speak. Get updates directly from casino brands by signing up to their newsletters and if you are open to the idea - opt into their SMS marketing messages for super exclusives. This way, the best casino promotions will be sent straight to your email inbox or phone screen so you don't miss any juicy bonus opportunities.

How To Spot A Decent 500 Casino Bonus

The quality of a bonus is not just about the % the casino will match but more about what's under the bonnet. By this, we mean the restrictions placed on the terms and conditions. Experienced casino players will recognise that one of the key factors to take into account when claiming a new bonus, especially at a new casino, is to read the T&Cs carefully before accepting (and this goes for all bonuses and casino offers too!). To prepare those who may be new to playing at online casinos or new to benefit from casino bonuses, we recommend remembering the following:

Check The Bonuses Wagering Requirements

Usually, wagering requirements for most casino bonuses lie somewhere between x20 and x45. This is the region we consider a fair and average area. Wagering requirements differ from casino to casino because they set them themselves, so, they could be lower or higher. Unfortunately, wagering requirements (sometimes called "Playthrough requirements") are a necessary evil, but if you can't get on with them then we suggest looking for something you can, such as no wagering casinosThese bonuses will be smaller, but they won't have any wagering requirements to bother with. It's definitely something to consider if you want to play no wagering slots.

Check The Maximum Bonus

A casino bonus will usually have a maximum "up to" limit, so we recommend checking this before you accept one, to ensure it suits your budget and how much you're planning to deposit. Bonuses with higher max limits will be more appealing to players with larger budgets, but on the flip side, those with a smaller budget may be better off looking for a different kind of bonus entirely, perhaps ones with a higher percentage like 200%, 300% or even wager free bonuses at minimum deposit casinos.

Check The Minimum Deposit Required To Obtain The Bonus

This is the smallest acceptable deposit threshold a player must meet to qualify for the 500 casino bonus offer. Typically, it may look like this: deposit £20 get £50, deposit 100% get 500 and so on.

Other Small Print Characteristics

Many casino players often skip reading the small print, but we do recommend reading the terms of a casino bonus you're planning to claim. There are often other small, yet important factors to consider, such as payment options. Did you know that at most UK casino sites, if you deposit via Skrill and Neteller, you will probably have to forfeit your bonus? Most casino bonuses are not valid if you deposit with these e-wallets. We also recommend checking excluded games and maximum bets too. It may be boring to read but you might be thankful you do - it could be a case of making it or breaking it when you want to cash out any winnings you've made from using the offer.

£500 Casino Deposit Bonus FAQ's

Whilst not the most common of bonus, we hope we have shone a light enough on the subject to help you gain a better understanding of this type of reward. Below, we've also added some crucial yet often asked questions that others also query, to give you that extra lil' bit of info. As they say: the more the merrier!

    Are 500 Bonuses Worth It?

    It depends on the offer. Bonuses vary from casino to casino, so make sure you check the small print before you claim. The section above will help to determine the important, need to know stuff. Remember, a huge bonus sometimes isn't the best bonus. Consider the following before claiming a 500 bonus: its wagering requirements, max cashout limits, games available/excluded games. If you find a casino that meets your requirements, then yes, this type of bonus can be worth it.

    Are 500% Bonuses Legit?

    Can I Claim More Than One First Deposit Bonuses At The Same Casino?

    Where Can I Find 500% Casino Bonuses?

    Which Payment Options Aren’t Eligible For 500% First Deposit Bonuses?

    Can I Win Real Money Using a 500% Casino Bonus?

    Can I Get 500 Free Spins?

    Are 500 Casino Bonuses Real?

 

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