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500% Deposit Bonus - Get the Best Bonus Offers

The 500 first deposit bonus is the king of all match casino bonuses in the UK. The mouth-watering offer multiplies a new player’s first deposit by five, boosting balance for an unforgettable risk-free gambling experience. As expected, this promotion is rare.
Our experts have uncovered online casinos with impressive 500% deposit promotions. Most importantly, all the offers are legitimate and are from casinos that hold a UKGC licence. Explore how the amazing 500% casino bonuses work and claim them now!

500 First Deposit Bonus UK - Updated Casino List

Our casinos are:
Tested by Experts Secure Licensed
1
Fortune Mobile Casino
Fortune Mobile Casino
£500 welcome bonus + 150 spins on Starburst, Aloha! Cluster Pays, Finn and the Swirly Spin
Min Dep:
£10
Wager:
x30
Get Bonus
*Terms & Conditions
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. #AD, 18+ only, Begambleaware.org
£500 Welcome Bonus + 150 spins on Finn and the Swirly Spin, Starburst, Aloha! Cluster Pays
Min Dep:
£10
Wager:
x30
Get Bonus
*Terms & Conditions
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.
Win Up to 500 Free Spins on Starburst
Min Dep:
£10
Wager:
x65
Get Bonus
*Terms & Conditions
New players only, £10 min fund, max bonus conversion equal to lifetime deposits (up to £250) to real funds, 65x wagering requirements and full T&Cs apply here
4
Fortune Games Casino
Fortune Games Casino logo
Win Up to 500 FS on 9 Pots of Gold
Min Dep:
£10
Wager:
x65
Get Bonus
*Terms & Conditions
New players only, £10+ fund, free spins won via Mega Reel, 65x bonus wagering req, max bonus conversion to real funds equal to lifetime deposits (up to £250), T&Cs apply
500 Free spins
Bonus code :
NBWELCOME500
Code copied
Min Dep:
£10
Wager:
x40
Get Bonus
*Terms & Conditions
18+. begambleaware.org New UK certified players | £10+ deposit | no e-wallets/prepaid cards | up to 500 free spins 40 times wagering on free spins winnings | T&Cs apply
150% much up bonus to £100 + 10 no wager free spins Tome of Madness
Bonus code :
10JH
Code copied
Min Dep:
£25
Wager:
x50
Get Bonus
*Terms & Conditions
New Players Only. Opt-in Required. Wagering occurs from real balance first. 50X wagering the bonus. Contribution may vary per game. Available on selected games only. The wagering requirement is calculated on bonus bets only. No wagering requirement for free spins. Bonus is valid for 30 days / Free spins valid for 7 days from issue. Max conversion: 3 times the bonus amount or from free spins: £/$/€20. Excluded Skrill and Neteller deposits. Full Terms apply.
100% Deposit Bonus up to £100 on your first deposit + 50 Bonus Spins on Big Bass Bonanza
Min Dep:
£20
Wager:
x30
Get Bonus
*Terms & Conditions
SigTerms: 18+. New customers only. 100% Deposit Bonus up to £100 on the first deposit. 30x wagering on Deposit and Bonus (game weighting applies) + 50 Bonus Spins (Big Bass Bonanza) of £0.10. Min. deposit £20. Play responsibly • BeGambleAware.orgT&Cs apply
100% Bonus up to £123
Min Dep:
£10
Wager:
x50
Get Bonus
*Terms & Conditions
Welcome bonus for a new players only. Maximum bonus is 100% up to $/€/£ 123. Min deposit is $/€/£ 10. No max cash out. Wagering is 50x bonus. Maximum bet while playing with a bonus is $/€/£ 5. Eligibility is restricted for a suspected abuse. Skrill and Neteller deposits excluded. Gambling can be addictive. Play responsibly. 18+
9
Luckster Casino
Luckster Casino logo
100% UP TO £200 BONUS + 100 SPINS
Min Dep:
£10
Wager:
x35
Get Bonus
*Terms & Conditions
Terms and Conditions apply. New players only +18. Min Deposit £10 Welcome package splits over 3 deposits, 35x Wagering requirement applies to match up bonus. Offer valid for 1 week. 100 spins to 20 spins a day for 5 days. 50x wagering applies to spins. See full terms.
10
SpinShake Casino
SpinShake Casino
1st Deposit: 100% up to £50 + 25 Free Spins on Starburst
Min Dep:
£20
Wager:
x40
Get Bonus
*Terms & Conditions
Terms and conditions apply. New players only. 18+. Min deposit £20. Wagering requirement apply x40. Offer valid for 24hr.
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Defining a 500% Deposit Bonus

A 500 first deposit bonus is a promotion when an online casino matches your initial deposit with five times its amount. In other words, the casino multiplies every unit of pound you deposit by five and deposits the money into your account. If you deposit £50, the casino will grant an extra £250.

The total available money to gamble with then becomes £300. More money to gamble with means a higher chance of hitting a big win. Not only this, but increased bankroll allows newbies and experienced players to gamble for longer periods or increase bet size without suffering any financial meltdown. After all, they’re not risking their money.

How Does a 500% Bonus Work?

There are different types of bonuses. However, based on our experience, the 500 deposit bonus casino offer is for new players. Here is how it works:

  1. Players sign up for a new account in a casino that offers a 500% promo.
  2. They deposit a sum not lower than the minimum deposit amount.
  3. Depending on the website, you may need to enter bonus codes to activate the offer.
  4. The casino confirms the deposit and adds the 500% casino bonus to your account.

Players who deposit £20 receive £100, making the total funds £120. Likewise, gamblers who deposit £50 receive £250, and the total funds becomes £300. The idea is to multiply whatever you deposit by 5 and add it to the initial capital.

The 500 deposit bonus casino, like every other promotion, has terms and conditions. Prominent ones are wagering requirements, maximum cashout limits, eligible games, and deposit bonus codes. As a result, we always advise new players to read and understand the terms to maximise the value of the promotion or avoid misunderstandings that could lead to forfeiting winnings.

How We Rate 500% Bonus Casinos

Our casino experts rigorously test and review all online casinos in the UK with 500% promotions listed on our page. Below are some metrics we use to ensure unbiased outcomes and ensure safety for all players:

500% Welcome Bonus Pros/Cons

Although we’ve explained that the 500 deposit bonus is the best welcome casino bonus out there, it has disadvantages. For instance, the risk of overspending is higher compared to 100% match promotions. Explore the benefits and drawbacks of the offer in the table below:

dragon
  • Attractive for new and experienced players

  • Huge bankroll boost

  • Longer playing time

  • Better chances to win money

dragon
  • Maximum cashout limits

  • It is restricted to certain games

  • High wagering requirements

Claiming 500% First Deposit Bonuses

Now that you know the benefits and drawbacks of the promo, do you want the offer? Great! Use these steps to claim the 500% promotion and start playing real-money games:

Choose an online casino

Create an account

Complete account verification

Deposit your first money

Claim the 500% offer

500% Welcome Bonus Terms

Right off the bat, it is impossible to see a 500% match promotion without terms. Whether it is a no deposit or zero wagering promo, players must fulfil certain conditions before the winnings are available for withdrawals. Although promotions have different terms, the most prominent ones to keep an eye out for are:

Wagering Requirements

The wagering requirement is the number of times you must bet the 500% bonus or promo + deposit before you can withdraw winnings. It is also called turnover requirements, and it ranges. If you receive £500 with a 20x wagering requirement, you must bet £10,000 before withdrawing profits.

Promotions with lower wagering playthrough are easier to fulfil. Hence, we recommend you always read the conditions to ensure you are comfortable with the playthrough demands before claiming the gift.

Game Weight Percentage

Games don’t contribute equally towards meeting the turnover requirements. As a result, gambling websites use percentages to represent how much a game adds towards clearing a promo. Slots often contribute 100%, while table games contribute between 10% to 20%.

However, only slot games are applicable in a 500 free spins casino. Some operators also exclude games with high RTP. With this in mind, the only way to win money is to play games that contribute to the wagering requirements.

Expiration Period

The 500 deposit bonus does not last forever. In other words, it comes with an expiring date. Players must utilise the funds within the timeframe, usually between 3 to 30 days, or risk forfeiting the deposit offer and associated winnings.

Beyond using the money, they must meet the turnover requirements within this period. The longer the expiry date, the more time you have to fulfil the playthrough demands and avoid losing your rewards.

Maximum Bet Caps

Gambling sites impose a maximum bet limit when playing with the 500% first deposit bonus. The aim is to protect the casino from paying out huge winnings and prevent players from making large, high-risk bets to clear the playthrough requirements quickly.

Although the limit ranges, it is usually between £5 to £10. Players who exceed the maximum bet could forfeit the deposit bonus and related winnings. Hence, read the terms and comply with the applicable limits.

500% Casino Bonus vs Other Offers

The 500% deposit bonus is one of the highest match deposit promotions in online casinos. As a result, players rarely receive it. However, there are alternative offers you can choose from. Here is a quick rundown to help you select the best offer:

Best Slots to Play With the Bonus

Choosing the right slots can help you meet the wagering requirements efficiently. Instead of scouring the web, our experts have compiled the most popular titles to try below:

The three games above are not the only ones you can play with your 500% gift. Whatever game you choose, ensure it is eligible for play. Not only this, but consider the RTP and volatility. High RTP and suitable volatility allow you to fulfil the playthrough requirements faster.

Maximising 500% Casino Bonus

A 500% casino bonus can give your bankroll a big boost, but it’s important to use it smartly. To get the most out of it and enjoy your gaming experience, here are some easy tips to follow:

Responsible Gambling

Gambling is entertainment, not a financial strategy or a means to make free money. Hence, gamble responsibly. The failure to do this leads to problem gambling, such as addiction, neglecting responsibilities, and more.

One way to gamble responsibly is to set limits. Use deposit limits, loss limits, and session reminders to track how much you’ve deposited and lost. More importantly, how long you’ve been gambling.

If you’re struggling to keep your habits under check, utilise responsible gambling tools like self-exclusion. You can also seek professional help from organisations like BeGambleAware or GamCare for insights on how gambling is affecting your personal and financial life.

Final Thoughts

The 500% deposit promo is enough to boost a player’s bankroll significantly. Gamblers receive five times their deposit as a gift plus the original capital. With such a huge match, you can turn your modest deposit into substantial funds.

However, the key to maximising the reward is to read the terms. The 500% offer is tempting. So, pay close attention to conditions like wagering requirements, game contribution, and restrictions that may affect your gameplay.

Above all, choose a reputable gambling site to ensure responsible gambling and fair play. Take advantage of this generous offer today and enjoy the thrill of gambling with a 500% deposit bonus in our recommended casinos!

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