500 First Deposit Bonuses
Why Do Operators Give a 500% Deposit Bonus Casino Offer?
Every single year the online gambling industry grows larger. This means that everything gets more competitive. New and better online casinos are launched so both established brands and new casino sites need to step up their game and bring something exciting to the table. Thus a 500% casino bonus seems like a good idea to step outside the crowd and impress players.
While many operators go for the classic 100% offer, the ones who want to make an impression on players will choose a 500% bonus casino offer to attract customers. A large online casino 500% bonus will boost player loyalty and the prestige of the brand at the same time.
Since it’s an offer that’s highly appreciated by players, the brand will gain their trust and loyalty, but it will also have a great ROI (return on investment) as players will be more inclined to deposit larger sums to make the most of the offer.
SlotsCalendar Advice: We encourage you to make the largest deposit you are comfortable with when claiming a 500% bonus as you will get five times that in extra money thus being able to play for a longer time and with bigger bets and you end up boosting your winning chances significantly. Just remember that you should never go over your predetermined budget or assume a bigger risk than you can afford.
Different Types of 500% Bonuses
While all types of 500% bonus offers are worth checking out as they could help your chances of winning, there are three main types of 500% bonuses, each bringing something exciting for different types of players. Figure out which one works best for your needs and preferences.
- 500% first deposit bonus offers – The 500% first deposit bonus is a welcome offer that gives you 500% of your first deposit ever made at that online casino site. It will only be offered a single time, strictly for new players. Generally, this type of offer works on all the games available at the casino so that players can get a taste of everything the operator has to offer. It will have lower wagering requirements as compared to other bonuses from that casino and a larger max withdrawal limit. The catch is that you will only be able to claim it one time. Luckily, there’s no stopping you from claiming a similar offer at other casinos.
- casino 500% welcome bonus – also known as a welcome package, it’s comprised of a 500% deposit bonus casino offer as well as some other bonuses for other subsequent deposits, either percentage offers or even extra spins. It can look something like 500% on the first deposit, 400% on your second deposit, 300% on your third, 200% on your fourth and 200 extra spins on the fifth deposit. While similar to the first offer we’ve discussed, this one also encompasses the next couple of deposits, so while the other offers might not be as great, all in all, you’re getting a great deal.
- 500% match bonus casino – this one can be offered as a VIP promotion or as a reload offer. It’s not for new players, but for existing customers, meaning that you might theoretically get a 500% bonus at any time, no matter how many deposits you’ve previously made. It might have higher wagering requirements, but since you see it more often, it might be a good opportunity nonetheless.
How to Identify the Best 500% Deposit Bonus in 5 Minutes
While any 500% deposit bonus casino may look appealing as it gives you five times what you’ve deposited, not all of them are that great. That’s why you need to know how to discern and figure out super quickly which one is worth claiming and which isn’t.
Using our short guide you’ll be able to tell within 5 minute wheter you should get that 500% deposit bonus or not.
- Read the terms and conditions and figure out if they are reasonable and non-predatory – this means decent wagering requirements, as low as possible, a max cashout limit that allows you to withdraw more than you’ve deposited (no max cashout is best), a nice sized max bet etc.
- Look for an expiry date that will give you enough time to complete the wagering. Between 2 weeks and a month is good as you’ll have enough time.
- Check the games available with the promotion. Some will allow you to play a single type of game (like slots for example), while others will have several types available. But look at the wagering contributions as well.
- If it’s the only promotion the casino is offering, double check to see if it’s not a deal that’s too good to be true. Don’t trust a new operator just because it has a 500% first deposit bonus on offer.
- Check the license of the 500% first deposit bonus casino and whether it has SSL encryption and is checked for randomness constantly. Read our reviews and the reviews of other players to ensure you’re making a good decision.
SlotsCalendar Advice: If you can play live dealer games with the offer but it only contributes 10% to the wagering requirements then you’re better off not playing them and focusing on the games that have 100% contribution. A 10% contribution means that only 10% of your bet will be taken into account so you will have to place bets 10 times larger just to meet the required wagering.
Other Extraordinary Bonuses of 2023
A 500% deposit bonus casino offer isn’t the only phenomenal promotion you can access, both as a new player and an existing customer. There are four other types of offers you may get upon deposit that are worth checking out:
- 400% deposit bonus offers – almost as amazing as the 500% bonus, this one brings you 4 times what you’ve deposited and it’s a little more common.
- 300% casino bonus offers – here you get 3 times your deposited amount, and the wagering starts to go down and the offers pop up more often.
- 200% casino bonuses – the 200% casino bonus is the largest commonly found promotion. It’s a fan favourite for sure as you receive more, but with low wagering requirements and a pretty high max cashout limit.
- 100% match deposit bonuses – the most basic promotion and common, here you are offered a top up of the same sum you’ve deposited, a match offer. It’s still useful, although not as impressive as the other.
500% Slots & Casino Games Bonuses
While you can theoretically find this promotion available on all types of casino games, mostly oftenly you’ll encounter a 500% deposit bonus slots at the slot sites. This means that you get access to thousands of slot titles, both basic and progressive, new and popular, classic or with tons of bonus features and even megaways.
You might also find bingo 500% welcome bonus offers that will allow you to enter several bingo rooms and try this game that’s making a comeback. The wagering requirements are super low for bingo offers, so you could pull off a sizeable win in no time.
You can find a 500% that works on table games or live dealer games as well. Surprisingly, we’ve seen it more often on live dealer games than on classic table games. But even so, you may try blackjack, roulette, baccarat, craps and more, and enjoy an epic casino experience where you shall feel like you’re in a brick and mortar establishment without ever leaving your house.
Payment Methods Available at 500% Sign on Bonus Casinos
While you certainly can use debit cards and wire transfers at every casino, we’ve decided that we should only talk about the best options you should take a look at.
- PayPal – Paypal is a popular payment method as it allows you to make deposits and withdrawals almost instantaneously. It also has the latest encryption technology to provide you with a safe experience while playing at Paypal casino sites.
- Neteller – Neteller (alongside Skrill) is a great opton as this e-wallet can help any operator become a fast payout casino. It has a low minimum deposit and high withdrawal limits.
- Paysafecard – this is the perfect option for those who wish to make small deposits. It’s safe, it’s quick and it stands our because it’s a prepaid card and not an e-wallet.
- Cryptocurrency Casinos – while there aren’t as many casinos that accept Bitcoin, Ethereum, Lite coin and so on, those that do will get you full anonymity, perfect safety and even some great special offers. The only catch is that crypto is highly volatile.
Summary: Are 500% Casino Bonuses Worth It?
Definitely. If you pick 500 deposit bonus casino offers from reputable casinos that take care of their players instead of trying to trick them, then you should have a great experience with this type of promotion.
A safe and licensed online casino (like all the ones we recommend on this list) will not have predatory terms and conditions and will encourage responsible gambling.
In theory, it’s the very best dep bonus you can get seeing as you receive 5 times the deposited sum, which, at the moment, is the largest possible bonus available on the market.
So you have nothing to worry about, you get more chances of winning and if you find good T&Cs and get lucky, you might be in for a nice withdrawal!