500% Deposit Bonus Casinos

Compare online casino sites that offer 500% deposit bonuses

On the lookout for online casinos that match your first deposit by up to 500%? Consider your search over!

 

Comparasino lists all 500% deposit bonus casinos available to UK players and gives you the tools you need to find the brands that also meet your preferences.

 

This means you get to play at the best 500% bonus casinos for you.

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Online casinos welcome new players with a range of different bonuses – including the often hard-to-find 500% deposit match. This means the casino will match the deposit you make up to 500%, giving you even more cash to play with.

 

Most 500% first deposit bonuses are matched up to a specific amount, ranging from £50 up to £1,000. Regardless of the limit, a 500% bonus essentially allows you to 5x your bankroll.

 

Once the bonus cash is in your account, you can play any of the games on offer from your casino of choice, be it slots, table games, live dealer titles, scratch cards, crash games, bingo and more.

 

The boosted bankroll allows you to play more casino games for longer, and this is what makes 500% first deposit bonuses so popular with UK players.

500% matched deposit bonuses explained

The 500% deposit match is a particular bonus offered by a small number of UK online casinos to encourage players to sign up and play at their sites for the first time.

In simple terms, the online casino will match the amount you deposit by 500% up to a set value. This can range from £50 all the way up to £1,000 or more.

No matter how much you deposit, with a 500% match bonus, the casino will give you the same value back in bonus cash – in short, 500% first deposit bonuses allow you to 5x your bankroll.

The math behind a 500% first deposit bonus

To better understand how a 500% first deposit bonus actually works, you can find an example below.

Casino A offers new players a first deposit match bonus of 500% up to £500.

This means that if you deposit £100 of your own money you can claim £500 in bonus cash from the casino. In total, this would give you £600 to play with, broken down as follows:

  • Your deposit: £100
    Matched deposit bonus: £500
    Total bankroll: £600

Make smaller deposits and still unlock the bonus

It’s important to note that you don’t have to deposit the full £100 to receive the 500% deposit match – your bonus will scale according to the amount you deposit.

Depending on the minimum deposit limit set by the casino and the terms and conditions (T&Cs) of the bonus offer, you could deposit as little as £10 and still receive the 500% deposit bonus match. In this case, you’d get £50 in bonus cash, giving you £60 to play with.

One common condition for deposit bonuses that you should be aware of is a cap on how much will be given to you in the bonus. If a casino has a cap on the amount given to you as a bonus, you’re free to deposit more but won’t receive more than the bonus cap.

So, if Casino A has a cap of £500 in bonus cash and you deposit £150, you won’t receive a 500% on all of the money deposited. You’ll receive a maximum of £500 in bonus cash, broken down below as:

Your deposit: £150
Matched deposit bonus: £500
Total bankroll: £650

Basically, you’ll receive a bonus on the first £100 of your deposit, with the remaining £50 moving straight through to your bankroll without being multiplied by the bonus.

Why claim a 500% deposit match bonus

Multiplying your first deposit five times before you play sounds like a pretty good way to start your experience at an online casino site. But if you’re still not sure what value they can add to your play, here are some of the benefits of a 500% first deposit bonus.

Use bonus cash to boost your bankroll and play for longer without having to deposit more of your own money.

Some casinos will offer a higher cap on the bonus amount, allowing you to claim a big bonus when you sign up and play for the first time.

Use the bonus cash to test out a casino. If you’re having fun on the site, you can then use your own funds to keep playing by making additional deposits.

There are several UK online casinos offering 500% matched deposit bonuses. So no matter what your preference is, you’ll find a selection of brands and offer combinations to choose from.

The bonus cash you receive can be used on all games in the casino lobby, unlike other bonuses like free spins bonuses where you have to play a specific slot game.

Find the best online casinos for you

Comparasino is here to match you up with UK online casinos that offer the bonuses and experiences you’re looking for.

When you sign up at Comparasino, we’ll ask you to tell us what you want from an online casino. Don’t worry, you can answer just three questions before firing up our powerful search engine or answer a few more questions to really narrow down the best online casinos for you.

Once you’ve told us what you like, our smart recommendation engine generates a list of online casino sites that match your preferences. We then drop these brands into your own individual portal.

Each time we onboard a new online casino that meets your preferences, it’s automatically added to your list for you to play when you’re ready. This means less time searching and more time playing. What’s not to like about that?

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How to claim a 500% deposit match bonus

Claiming a 500% deposit bonus is easy – just follow these steps.

  1. Browse and compare all 500% first deposit bonuses using our tools and filters.
  2. Once you’ve found the brand and bonus for you, check the bonus T&Cs.
  3. If you’re happy with the T&Cs, click “Play”.
  4. Follow the casino sign-up process and make a deposit using your preferred payment method.
  5. Once you’ve made your deposit, you’ll receive your 500% match bonus cash straight away.
  6. Use your bonus cash to play slots, table games, scratch cards, crash games, live dealer, bingo and more.

500% deposit bonuses and a few things to conisder

Nothing in life is free, and the same applies to 500% first deposit bonuses which come with a few strings attached. That’s why it’s important to take a look at the T&Cs of any online casino bonus offer you’re checking out.

Each online casino has its own specific terms and conditions for each bonus it offers, so you should read and understand them before claiming.

This is because the T&Cs can change or reduce the value of the bonus when you factor in things like win limits and wagering requirements.

That’s not to say a 500% deposit match bonus doesn’t add value to your play, but being aware of the T&Cs means you know exactly what the bonus ultimately delivers and how you can use it.

500% deposit bonus T&Cs to be aware of

T&Cs can be quite lengthy, so we‘ve broken down the key terms to be aware of, what they actually mean and the impact they can have on the bonus offer.

Time limit to use the bonus - Once you’ve claimed the bonus, you’ll have a set period of time to use it before it expires. This can be as few as seven days, but in most cases is 30 days or more.

Win limits - Most casinos impose limits on the amount you can win from a 500% deposit bonus. Even if you win more, you won’t be able to withdraw it as cash.

Wagering contributions - Some games contribute more to the wagering requirement than others. Slots do the most, so if you want to play games like blackjack or roulette, it will take longer to clear.

Minimum deposit to trigger the bonus - Most 500% deposit bonuses will have a minimum deposit you need to make to trigger the promotion, usually between £10 and £20.

Payment method restrictions - If you deposit with digital wallets such as Skrill and Neteller, some online casinos will not allow you to claim the 500% first deposit bonus.

Wagering requirements - Expect to have to complete a wagering requirement on the bonus cash you receive, your winnings from the bonus cash, or at some casinos, both.

Wagering requirement time limit - Casinos often set a time limit to complete the wagering requirement before the bonus and any winnings from it are forfeited. This can be seven days to a month.

Casino bonus wagering requirements explained

The wagering requirement is the number of times you have to wager before you can withdraw the bonus amount or your winnings as cash. The wagering requirement can be calculated according to the bonus amount given, how much you’ve won using it, or both.

Wagering requirements differ from casino to casino. Low wagering casinos will impose playthrough requirements of between 10x and 30x, but they can be as high as 65x at some brands.

That said, there are a growing number of UK online casino sites that impose no wagering requirements whatsoever – although the bonus value offered is usually much less, it’s your money to play with and withdraw with no restrictions in place.

Calculating the wagering requirement on a 500% deposit bonus is pretty simple.

Take the bonus amount claimed or your winnings from the bonus (check the T&Cs to see which it is) and multiply this by the wagering requirement.

This gives you the total amount you have to wager before you can unlock your bonus or winnings as cash.

How to calculate the wagering requirement

Calculating the wagering requirement on a 500% deposit bonus is straightforward but if you're still not sure, check out the example below.

You’re offered a 500% deposit match bonus up to £500 with a x30 wagering requirement on the bonus amount. You deposit £100 to claim the full £500 bonus match.

  • Bonus: £500
    Wagering requirement: x30
    Amount to be wagered: £500 x30 = £15,000

This doesn’t mean you have to deposit and lose £15,000, just that you need to cycle through £15,000 worth of wagers at the casino before you can unlock the bonus money as cash. Or if the wagering requirement is applied to your winnings, your winnings as cash.

Remember – you don’t have to claim a welcome bonus to sign up and play at an online casino. There are plenty of other factors to consider when deciding where to play and that ultimately will have a much bigger impact on the experience you receive.

An important word on responsible gambling

Online casino is fun and enjoyed by millions of people across the UK. But it’s important that it does stay fun and that you remain in control of your play. Because we only partner with UK-licenced online casinos, each of the brands listed on Comparasino offers the tools you need to do this.

 

But some of these tools might be unfamiliar and it can also be tough to determine if you, or a family member or friend, could potentially have a gambling problem. That’s why we’ve created a Safe Gaming Hub where you can find information about all the responsible gambling tools offered at online casinos, how they work and which ones might be best for you.

 

It also contains insights into some of the early signs of problem play to be aware of in yourself and others as well as direct access to charities and organisations that support those with problem gambling habits.

Head to the Safe Gaming Hub
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