A casino welcome bonus is a beautiful thing: In exchange for making your first deposit, you get lots of good stuff. Match bonuses are the best type of goodies you can get because they actually “match” your deposit amount. You can easily double, triple, and quadruple your starting budget in a best first deposit bonus casino. And in some rare cases, you can increase your initial budget by up to five times. That’s the idea of a 500% first deposit bonus and due to its big figures, yes, it is probably the best welcome bonus you can find at an online casino.
We dedicated this article to 500 first deposit bonus offers and we will tell you everything to know about them. Once you are done with reading, you will be ready to play at the best 500 deposit bonus casino sites. Well, let’s start: These 500 bonus offers won’t claim themselves!
Best 500% First Deposit Bonus Casino Picks
What Is A 500 First Deposit Bonus And How Does It Work?
As you know, match bonuses are pretty common for making a deposit. If you are already a member, this is called a casino reload bonus, which means your deposit amount will be matched by the casino every time you make a deposit. Such a bonus won’t give you much but it will be constant. However, if this is your first deposit, then the match rate and the bonus amount will be much bigger. A 100% casino bonus, for example, will give you another 100 EUR if you deposit 100 EUR. Based on the promotion rules and according to how much the casino site needs new members, this match rate can be much higher and, for example, turn into a 400% casino bonus. This means your deposit will be matched by 400% and depositing 100 EUR will give you a 400 EUR bonus. Sounds awesome, right?
Well, it can be even better. In some rare cases, this match rate goes much higher and as high as 500%. Yes, online casino bonus 500 promotions exist and as the name implies, they match the amount of your first deposit by 500%. Here is a practical example: If you deposit 50 EUR, you will get a 250 EUR bonus. Basically, a casino 500 bonus will increase your starting budget by up to five times. In this context, it is really the best casino registration bonus you can find.
Of course, like any other online casino promotion, 500 casino bonus offers have some limitations too. You still must complete a wagering requirement and cannot wager more than a certain amount until the requirement is over, for example. We will talk about these casino 500 bonus limitations below (and give some tips & tricks about them) but let’s continue with another important issue: Why do 500 procent bonus casino sites exist?
What Is The Reason For A 500 Casino Bonus?
The reason for such an impressive bonus is simple: To gain more members. There are thousands of online casino sites on the internet but only a limited number of gamblers. And they tend to be creatures of habit: Once a gambler finds an online casino to play, it is very hard to convince him to leave and try another website. So, a newly opened online casino is in a rough position: It needs members but it also must offer an incentive – otherwise, nobody will be interested.
Well, a plus 500 first deposit bonus is a pretty strong incentive and it can convince even the most loyal gamblers to change places. A 500 deposit bonus will also convince beginners who want to start playing in an online casino but has difficulty making choices. In short, you can gain a lot of members in a short amount of time with a 500 prozent bonus casino promotion.
However, offering such a high match rate is not profitable for casino sites and they cannot keep this up for long. This is why 500% first deposit bonus casinos are quite rare. The 500 bonus casino 2020 list, for example, won’t contain many names and all of them will belong to newly opened casinos. A 500 first deposit bonus is like guerilla marketing: You offer it for a short time, gain customers, and cancel it after reaching a certain target. Otherwise, it will prevent you from making a profit. And that’s why keeping track of 500 deposit bonus offers is important: Unlike 200 % bonus casinos, for example, they are rare and they continue this campaign for a limited time. As soon as you find a 500 casino bonus, you must claim it. Because the next day it may not be available anymore.
How To Find 500 First Deposit Bonus Casino Sites
Well, you don’t need to track 500 deposit bonus casino sites “manually” – we already do this job for you. We select all the best 500 bonus offers and evaluate them in detail. As we will explain below, not all online casino bonus 500 promotions are amazing – yes, they include big numbers but some of them also have quite bad terms and conditions. However, you don’t need to read arm-long T&C documents because we already did that. Moreover, we did that for almost every country in the world: We can recommend you both the best 500 first deposit bonus UK offers and 500 first deposit bonus Australia offers, for example. No matter where you live in the world, we can find you a casino 500 bonus that is worth taking. Just pick any of our recommended online casinos mentioned in this guide and on our website – they already make the best 500% first deposit bonus offers and those will be the casino sites you will see in our 500 first deposit bonus 2020 lists.
Tips & Tricks About Using A 500 Bonus
- Always check the maximum bonus limit. All online casino promotions have a maximum bonus limit you can win. For example, a 300% casino bonus will really match your deposit amount by 300% but only up to a certain amount, like 250 EUR. So, you cannot deposit 10.000 EUR and expect to win 30.000 EUR, for example. The same thing applies to 500 first deposit bonus offers, there will always be a maximum limit. Check this limit first and make sure that it is not too low.
- Make sure you have enough budget to take advantage of a 500% first deposit bonus. Yes, it will increase your budget by 5 times, but this is not a no minimum deposit casino bonus: In order for it to be effective enough (and worth the effort) you still need at least 10 – 20 EUR. Don’t expect to use this bonus with 1 EUR or use it completely for free.
- Check whether you are allowed to withdraw money. Some 500% first deposit bonus offers come with a withdrawal restriction. Technically, you are allowed to withdraw money, but doing so will cancel the bonus. So make sure this is not the case.
- Make sure the maximum wager limit is high enough. You won’t be allowed to place a wager more than a certain amount until the wagering requirement is over. In other words, there will be a maximum bet limit. Make sure it is high enough (5 EUR and over) so you can complete the wagering requirement in a reasonable time frame. Otherwise, it will take too long to unlock your 500 first deposit bonus.
Wagering A 500 First Deposit Bonus: The Hardest Part
This is really the hardest part because wagering a 500 first deposit bonus can take longer than other casino bonuses. Low wagering bonuses are already rare, and the wagering requirement is part of every casino promotion. This is also the case for 500% first deposit bonus, of course. However, getting a low wagering rate is extremely important this time – otherwise, it will take very long to complete the requirement. Due to the nature of the bonus, you will earn big amounts, and wagering them will take longer too. If the wagering rate is high, completing it by playing 500 first deposit bonus slots only may become impossible. Here is a simple example – let’s say that we are playing at a 500 first deposit bonus NZ website and won 300 EUR with the welcome package.
- If the wagering rate is 60x, we need to wager 18.000 EUR.
- If the wagering rate is 20x, we need to wager 6.000 EUR.
The difference is unbelievable and shows the importance of finding 500 first deposit bonus offers with low wagering rates. This should be the first thing you should do while reading the terms & conditions. We can say that 500% first deposit bonus UK offers are more advantageous in this regard, because the United Kingdom Gambling Commission does not allow too high wagering rates. So, here is a pro-hint: 500% first deposit bonus UK casinos will always offer you the lowest wagering rates.
Top 500% First Deposit Bonus Casino List
Get The Best 500% Casino Bonus Offers Today!
It is not that hard to start taking advantage of 500% first deposit bonus offers – you can do this even today. We already have a list of best online casinos with the 500 first deposit bonus, so all you need to do is choosing one & creating an account. Claim your amazing welcome bonus, increase your starting budget by 5 times, and start playing any casino game with real money – all of these and more are available in our safe, secure, fair, and legal online casinos. Start playing right now!