by
Dave Talbot
Last updated: February 26, 2024

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 to 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 deposits 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 - 2024

Seven Casino
4/5
450% up to £7,500 Welcome Bonus
Bonuses on 1st, 2nd, 3rd, 4th Deposits + 10% Cashback
  • Brand New For 2024
  • Whopper Welcome Bonus
  • Good Choice of Games & Slots
1st - 200% up to £250 / 2nd - 100% up to £1,000 / 3rd - 50% up to £1,250 / 4th - 100% up to £5,000 (Total: 450% up to £7,500) ONLY 10X wagering NO max payout + 10% cashback for VIPS and several weekly promos. T&C Apply | BeGambleAware #AD
Instaspin
5/5
100% up to £100 Welcome Bonus
Full Schedule of Tailor Made In Account Rewards
  • New for 2024! Fresh!
  • One of a Kind Casino
  • Crypto & FIAT Supported
1st Deposit Bonus Minimum deposit: £20 Wagering requirements: 30x (bonus + deposit) Live table games contribution to Wagering Requirements: 10% Deposit NOT LOCKED Maximum bet: £20 This bonus can be obtained in 30 days after registration New players only Full Terms apply Game weighting and exclusions apply T&C Apply | BeGambleAware #AD
Vegas Wins
5/5
Welcome Bonus up to £500
150 Bonus Spins on Popular Slots
  • Massive Welcome Bonus
  • Low Wagering Casino
  • Trusted Platform - Fast Cashouts
New players only, First 3 deposits only. Min deposit £10. Max total bonus £500 and 150 spins. 30x wagering (dep + bonus). 30x on spins, 4x conversion, bonus and spins valid on selected slots. T&C’s apply. T&C Apply | BeGambleAware #AD
Fortune Mobile
5/5
Welcome Bonus up to £500
150 Bonus Spins on Popular Slots
  • Very Generous Sign-Up Bonus
  • Trusted Grace Media Platform
  • UK Licensed & £ Accepted
First 3 deposits only. Min deposit £10. Max total bonus £500 and 150 spins. 30x wagering (dep + bonus). 30x on spins, 4x conversion, bonus and spins valid on selected slots Full T&C’s apply. T&C Apply | BeGambleAware #AD
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. 18+ T&C Apply | BeGambleAware #AD
Love Casino
5/5
400% up to £4,000 Welcome Bonus
125 Free Spins (USE CODE: LOVESTAR)
  • Massive Welcome Bonus (+ 4 Reloads)
  • Great Library of Games
  • New Casino Brand for 2024
100 Free spins + 400% up to £4000 minimum deposit: £20. Wager: x50 Bonus. Valid until: 31.12.2023. One bonus per person. Free Spins are available on: the Wolf Gold slot. T&C Apply | BeGambleAware #AD
Jackpot.com
4/5
Deposit £15 & Get 50 No Wager Free Spins
Keep What You Win On Bigger Bass Bonanza Slot
  • Wager Free Sign Up Bonus
  • Great for Slots & Live Casino
  • World Lottery Betting
This one-time offer is only available here for new UK customers of Jackpot.com. To participate a minimum £15 bet is required. Any terms not specified in these Special Promotional Terms, the Promotional Terms shall apply and will be subject to Jackpot.com Terms and Conditions. T&C Apply | BeGambleAware #AD
Mr Q Casino
5/5
Spend £20 Get 70 Spins On Fishin' Frenzy Jackpot King
Use Code: FISHKING70
  • Wager Free Bonuses ONLY!
  • Huge Game Choice
  • Friendly, Customer First Casino
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BetCoco
5/5
Welcome Bonus up to £3,000 (Over 3 Deposits)
75 Free Spins & Up To 20% Cashback
  • Mammoth Welcome Bonus + Cashback
  • Well Designed Casino With Top Games
  • Sports Betting & Live Casino Available
First Deposit Bonus - 100% up to £1,000 + 50 Free Spins on Gates of Olympus, Second Deposit Bonus - 100% up to £1,000 + 25 Free Spins in Sweet Bonanza. Third Deposit Bonus - 100% up to 1,1000. New players only. Full terms and conditions apply. T&C Apply | BeGambleAware #AD
Golden Lion Bet
4/5
400% up to £2,000
125 Free Spins: Use Promo Code: ALIVE125
  • Tons of New Games
  • Generous Welcome Offer
  • Sports Betting Available
Welcome Package: LION1 400% up to £2000+ 100 Free spins. Welcome Package LION2 200% up to £1000 + 50 Free spins. Welcome Package LION3 150% up to £1000 + 25 Free spins. Welcome Package LION4 100% up to £1000. Welcome Package LION5 100% up to £1000 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 Casino Bonuses: 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 casino bonuses are the same thing as 500% deposit bonuses when depositing a certain amount of money, if the offer is 500% and you deposit £100 then the amount will be £500. A 500% first deposit bonus is a welcome offer that matches 500% of your first deposit at that online casino. It will only be available once and only to new players. In general, this sort of bonus offer works on all of the games in the casino, allowing players to try out large amounts of games the operator has to offer. Overall, the 500 bonus offer will have lower wagering requirements and a higher maximum withdrawal limit than other bonuses.

500% Deposit Bonus

The real McCoy: the 500% deposit bonus is nifty, but it's in short supply. The reasons are that 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.

Seven Casino
4/5
450% up to £7,500 Welcome Bonus
Bonuses on 1st, 2nd, 3rd, 4th Deposits + 10% Cashback
  • Brand New For 2024
  • Whopper Welcome Bonus
  • Good Choice of Games & Slots
1st - 200% up to £250 / 2nd - 100% up to £1,000 / 3rd - 50% up to £1,250 / 4th - 100% up to £5,000 (Total: 450% up to £7,500) ONLY 10X wagering NO max payout + 10% cashback for VIPS and several weekly promos. T&C Apply | BeGambleAware #AD

Why you need a 500% first deposit bonus

For several reasons, claiming a 500% first deposit bonus is a great idea. First, it is the highest welcome promo you can get these days. Gamblers get 500% higher in their initial balance and can use all the sum on games. Secondly, you can use free money to boost your odds and win more. As with many other similar offers, there are no drawbacks here. Last but not least, players can try different types of games and new titles on the UK casino site, so we always encourage gamblers to use a welcome bonus. Casino bonuses make gambling more appealing and affordable, allowing players to check out many games, offers, and overall site functionality. Promos are a simple way that can help you play your favourite games longer, discover their features, learn rules, and implement various tactics.

How to find the bonus

Finding a 500 deposit bonus could be somewhat tricky since it´s as rare as an albino gorilla. The promo is available out there, the difficult part is knowing where to look. With Igamblingsites, you´ll have all the best bonus options in one place. To quickly find the best deals on the market, follow these steps:

  • Check our list of UK casinos with the best bonus deals.
  • Choose the one you like the most, and read the T&Cs before you accept any bonus.
  • Click the “Get Bonus” and wait a few seconds to be automatically redirected to the casino´s website.
  • Register an account by following the instructions, add your personal information, and verify the account.
  • Select which payment method you prefer and make the first deposit according to the bonus conditions.
  • Claim the bonus and your account will automatically be updated with the bonus money.
  • Just enjoy the gameplay and experience!
Sisters of Oz Wowpot
4/5
RTP:92%
Mega Moolah
5/5
RTP:88.12% - 93.42%
Divine Fortune Megaways
4/5
RTP: 96.09%
Mega Fortune Slot
5/5
RTP:96%
Hall of Gods Slot
4/5
RTP:95.3%
Book of Atem
4/5
RTP:93.5%
Major Millions Slot
3/5
RTP:89.37%
Mega Fortune Dreams
4.5/5
RTP:96.4%

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 are 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 bonus's 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.
Instaspin
5/5
100% up to £100 Welcome Bonus
Full Schedule of Tailor Made In Account Rewards
  • New for 2024! Fresh!
  • One of a Kind Casino
  • Crypto & FIAT Supported
1st Deposit Bonus Minimum deposit: £20 Wagering requirements: 30x (bonus + deposit) Live table games contribution to Wagering Requirements: 10% Deposit NOT LOCKED Maximum bet: £20 This bonus can be obtained in 30 days after registration New players only Full Terms apply Game weighting and exclusions apply T&C Apply | BeGambleAware #AD

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. 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.

Hyper Star Slot
4/5
RTP:96.05%
Sisters of Oz Wowpot
4/5
RTP:92%
Beef Lightning Megaways
3.5/5
RTP:96.43%
Wild Toro 2
5/5
RTP:95%

How to keep your winnings on a 500% casino deposit bonus

When you have claimed the bonus, you can use it on the games of your pleasing. The catch is that you cannot cash out your winnings just yet. Like most bonuses, the bonus money is just that and is subject to wagering requirements, these must be met before you can cash out. Wagering requirements are the terms set by the casino and act like a multiplier of the bonus amount you have claimed. The product you get represents the amount you have to wager in real money within a given amount of time. A wagering requirement of 40x is considered the industry standard. Yet, some 500% bonuses carry higher wagering requirements. When choosing bonuses, go for those that carry a playthrough of up to 60x.

Furthermore, to be able to keep your winnings, you must pay close attention to the bet and the time limits. This is due to the fact that most UK online casinos place a cap on the maximum bet at £5, most do but there are exceptions. This means that you cannot wager more per bet than the amount set by the online casino. Note that a majority of the bonuses also come with a time limit, usually from 7 to 30 days from the moment you activate the bonus offer.

Pros

  • Play longer with more money
  • Be more relaxed while playing since you use free cash
  • Use the free money to practice games based on skill, like blackjack

Cons

  • These types of bonuses always come with wagering requirements
  • Notoriously hard to find
  • Hightened risk of losing all winnings
Seven Casino
4/5
450% up to £7,500 Welcome Bonus
Bonuses on 1st, 2nd, 3rd, 4th Deposits + 10% Cashback
  • Brand New For 2024
  • Whopper Welcome Bonus
  • Good Choice of Games & Slots
1st - 200% up to £250 / 2nd - 100% up to £1,000 / 3rd - 50% up to £1,250 / 4th - 100% up to £5,000 (Total: 450% up to £7,500) ONLY 10X wagering NO max payout + 10% cashback for VIPS and several weekly promos. T&C Apply | BeGambleAware #AD
Instaspin
5/5
100% up to £100 Welcome Bonus
Full Schedule of Tailor Made In Account Rewards
  • New for 2024! Fresh!
  • One of a Kind Casino
  • Crypto & FIAT Supported
1st Deposit Bonus Minimum deposit: £20 Wagering requirements: 30x (bonus + deposit) Live table games contribution to Wagering Requirements: 10% Deposit NOT LOCKED Maximum bet: £20 This bonus can be obtained in 30 days after registration New players only Full Terms apply Game weighting and exclusions apply T&C Apply | BeGambleAware #AD
Vegas Wins
5/5
Welcome Bonus up to £500
150 Bonus Spins on Popular Slots
  • Massive Welcome Bonus
  • Low Wagering Casino
  • Trusted Platform - Fast Cashouts
New players only, First 3 deposits only. Min deposit £10. Max total bonus £500 and 150 spins. 30x wagering (dep + bonus). 30x on spins, 4x conversion, bonus and spins valid on selected slots. T&C’s apply. T&C Apply | BeGambleAware #AD
Fortune Mobile
5/5
Welcome Bonus up to £500
150 Bonus Spins on Popular Slots
  • Very Generous Sign-Up Bonus
  • Trusted Grace Media Platform
  • UK Licensed & £ Accepted
First 3 deposits only. Min deposit £10. Max total bonus £500 and 150 spins. 30x wagering (dep + bonus). 30x on spins, 4x conversion, bonus and spins valid on selected slots Full T&C’s apply. T&C Apply | BeGambleAware #AD
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. 18+ T&C Apply | BeGambleAware #AD
Love Casino
5/5
400% up to £4,000 Welcome Bonus
125 Free Spins (USE CODE: LOVESTAR)
  • Massive Welcome Bonus (+ 4 Reloads)
  • Great Library of Games
  • New Casino Brand for 2024
100 Free spins + 400% up to £4000 minimum deposit: £20. Wager: x50 Bonus. Valid until: 31.12.2023. One bonus per person. Free Spins are available on: the Wolf Gold slot. T&C Apply | BeGambleAware #AD
Jackpot.com
4/5
Deposit £15 & Get 50 No Wager Free Spins
Keep What You Win On Bigger Bass Bonanza Slot
  • Wager Free Sign Up Bonus
  • Great for Slots & Live Casino
  • World Lottery Betting
This one-time offer is only available here for new UK customers of Jackpot.com. To participate a minimum £15 bet is required. Any terms not specified in these Special Promotional Terms, the Promotional Terms shall apply and will be subject to Jackpot.com Terms and Conditions. T&C Apply | BeGambleAware #AD
Mr Q Casino
5/5
Spend £20 Get 70 Spins On Fishin' Frenzy Jackpot King
Use Code: FISHKING70
  • Wager Free Bonuses ONLY!
  • Huge Game Choice
  • Friendly, Customer First Casino
First deposit only. Min deposit & spend £20. Max 70 spins on Fishin Frenzy Jackpot King at 10p per spin. Spins credited upon spend of £20. Full T&Cs apply. T&C Apply | BeGambleAware #AD
BetCoco
5/5
Welcome Bonus up to £3,000 (Over 3 Deposits)
75 Free Spins & Up To 20% Cashback
  • Mammoth Welcome Bonus + Cashback
  • Well Designed Casino With Top Games
  • Sports Betting & Live Casino Available
First Deposit Bonus - 100% up to £1,000 + 50 Free Spins on Gates of Olympus, Second Deposit Bonus - 100% up to £1,000 + 25 Free Spins in Sweet Bonanza. Third Deposit Bonus - 100% up to 1,1000. New players only. Full terms and conditions apply. T&C Apply | BeGambleAware #AD
Golden Lion Bet
4/5
400% up to £2,000
125 Free Spins: Use Promo Code: ALIVE125
  • Tons of New Games
  • Generous Welcome Offer
  • Sports Betting Available
Welcome Package: LION1 400% up to £2000+ 100 Free spins. Welcome Package LION2 200% up to £1000 + 50 Free spins. Welcome Package LION3 150% up to £1000 + 25 Free spins. Welcome Package LION4 100% up to £1000. Welcome Package LION5 100% up to £1000 T&C Apply | BeGambleAware #AD

£500 Casino Deposit Bonus FAQs

Whilst not the most common 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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