500% Bonus Casinos in 2024

Written by: Alanas Ivšinas

Last updated: April 09, 2024

Best 500 Casino Bonuses

Let’s take a closer look at three casinos that offer a 500% bonus: Winz, Bets Palace, and CyberBingo. Each one provides a different kind of fun and excitement.

Winz

Winz is a casino that started in 2019. Its creators wanted to make a platform that combines the best parts of online gaming. It’s meant to be a comfortable place for players to enjoy their favorite games.

Winz uses SoftSwiss Gaming Platform to offer many games and supports major cryptocurrencies. They have great promotions and offer quick, free withdrawals.

Games

Winz offers more than 7,000 casino games on its website. These games come from a variety of developers including BGaming, PlayNGo, and many others like NetEnt and Evolution Gaming.

500 Bonus

• Players can get up to $500 in free bets with their deposit using the bonus code
• Deposit matched 100% with unclaimed free bets for sports betting
• Users can activate the bonus via the Sportsbook Promotions page
• Bonus awarded in installments, tracked by a progress bar in the bet slip

Payment Methods

Winz Bitcoin Casino lets players use both regular money and different cryptocurrencies. Bitcoin is the most used, but they also take Ethereum, Litecoin, Tether, Dogecoin, and Bitcoin Cash. You can learn more about Tether in the USDT Tether Casino article.

They also accept credit cards like VISA, MasterCard, Maestro, and online payment services like Neteller, Skrill, and iDebit.

Customer Service

You can reach Winz Online Casino’s customer service in 3 ways. The quickest is Live Chat, which is open 24/7 in English, Russian, and German. You can also email them at [email protected] or use a contact form on their website for help.

Winz Pros & Cons

Pros:

• Accepts Bitcoin and other crypto
• Zero wagering requirements
• Fast payouts and huge withdrawal limits

Cons:

• Bonuses not available for all countries

Bets Palace

Bets Palace Casino is packed with great online games, big promotions, and extra features. You can play slot machines, table games, live dealer games, and even lottery games. They also have thrilling races and tournaments.

If you like to bet big, there are special VIP rewards for you. The casino is also crypto-friendly, making it easy and fun for everyone to play, no matter if you’re new or experienced, or how much money you want to spend.

Games

Bets Palace Casino offers a huge selection of over 1500 games, including exciting video slots and live dealer games. You can find games from top creators like NetEnt, Microgaming, Big Time Gaming, Betsoft, Playson, and NextGen Gaming. It’s a fun place to play your favorite online casino games.

500 Bonus

• New players receive a 500 welcome bonus
• Bonus capped at 100 euros
• Deposit 20 euros, get an additional 100 euros in bonus funds
• Enjoy a total of 120 euros to play with

Payment Methods

At Bets Palace Casino, you can easily add money to your account or take it out using trusted payment methods. They accept common bank cards, eWallets, prepaid cards, and even Bitcoin for fast and secure transactions.

Customer Service

Customer support team is available 24/7 to help you. If you run into any issues, you can contact them via live chat or email. The platform’s team responds to emails quickly, usually within 48 hours.

If you’d rather look up the answer on your own, check out their FAQs page. It has lots of information on various topics like bonuses, account verification, cashing out, and security.

Bets Palace Pros & Cons

Pros:

• A rich selection of slots
• Generous bonuses
• Secure platform
• Accepts crypto payments

Cons:

• Unavailable to several countries
• No phone support

Cyberbingo

CyberBingo was established in 1996 by Palau Holdings NV, so it has a solid history. It holds a Curacao license and offers bingo, casino and live casino services.

The platform also supports major cryptocurrencies, and offers games from many different providers.

Games

CyberBingo Casino is a fun place to play lots of bingo games. They have different themes, prizes, and big jackpots every day. You can even make your bingo tickets just the way you like.

You’ll find games from Vista Gaming and Saucify, including popular ones like Road Trip and The Purse of the Mummy.

The casino also offers classic table games such as Blackjack, Baccarat, and both American and European Roulette. Poker fans can enjoy Texas Hold’em and a selection of video poker games like Jacks or Better and Deuces Wild.

500 Bonus

• The promotion is only valid for the first deposit.
• The minimum deposit to receive a bonus is $/€ 25.
• Welcome casino bonus 500 can only be used to play slots and casino games.
• It comes with a wagering requirement of x48.
• The maximum bonus awarded is $/€ 1,500.

Payment Methods

At Bets Palace Casino supports the major cryptocurrencies such as Bitcoin, Etherium, Tether, Cardano, Dogecoin, Litecoin.

Customer Service

At CyberBingo Casino, getting help is quick and easy. You can chat with a support team member any time of the day or night through live chat and get a response within minutes. If you prefer, you can also send an email to the casino for assistance.

CyberBingo Pros & Cons

Pros

• Multi-award winning and bingo hall since 1996
• Top notch bingo software
• Multi-room bingos, bingo chat games

Cons

• Lots of restricted countries

What Is a 500 Bonus?

A 500 bonus casino refers to a best online casinos list offering a bonus that significantly increases your initial deposit by 500%. This means the casino adds 5 times the amount you deposit to your playable balance.

For example, if you deposit $100 with a 500 casino bonus, you’ll receive an additional $500 in bonus funds, giving you a total of $600 to play with.

It’s important to remember that while enticing, a casino 500 bonus doesn’t mean free money. These bonuses come with terms and conditions, including wagering requirements, which dictate how much you need to wager before you can withdraw any winnings earned from the bonus funds.

Why Use 500 Online Casino Bonus?

Here are several reasons entice players to consider 500 bonus:

• Lower risk of personal loss: A 500 bonus gives you extra money to play games. You can bet without spending much of your own money. It’s a fun way to play without worrying about losing your cash.

• Meet wagering requirements: If you want to unlock a bonus, getting a bigger bonus can help. You’ll have more money to play games, which means you can meet the bonus conditions without spending more of your own cash.

• Extended playtime: With a larger bankroll from a 500 bonus, you can extend your playtime. This is especially beneficial for players who want to enjoy their gaming experience for as long as possible without having to make frequent deposits.

• Master games: More funds mean more gameplay, which can help you become more proficient at certain games. This is particularly useful for strategy-based games like blackjack or poker, where practice can improve your chances of winning.

• High roller benefits: Some 500 casinos offer additional perks to players who make substantial deposits or place large bets. By using a 500 first deposit bonus, you may be able to access these VIP benefits, which could include things like cashback offers, exclusive promotions, or personal account managers.

• More chances for jackpot wins: If you’re playing progressive jackpot slots or games that offer large payouts, having a bigger bankroll means you can afford to play more rounds. Each round is a new chance to hit the jackpot, so more funds directly increase your chances of a life-changing win.

• Testing a casino’s features: A hefty bonus like 500 allows you to thoroughly test a casino’s platform. You can check out the user interface, mobile compatibility, customer service, and withdrawal speeds without committing a lot of your own funds.

• Promotional events: Casinos often run promotional events where your gameplay can earn you points or prizes. With a larger bankroll from a bonus, you can participate more actively in these events and take full advantage of the promotions on offer.

How to Claim Your 500 Free Spins Bonus?

Many online casinos offer exciting promotions like a 500 free spins bonus, which can enhance your gaming experience.

Here’s a general guide on claiming your 500 free spins bonus:

1. Find a Reputable Casino: Research and choose a reputable online casino offering a 500 free spins bonus. Look for casinos with a valid license, positive user reviews, and a good track record of fair play.

2. Read the Terms and Conditions: Every casino bonus comes with terms and conditions (T&Cs) outlining the eligibility criteria, wagering requirements, game restrictions, and other crucial details. Always thoroughly read and understand the T&Cs before claiming any bonus.

3. Create an Account (if required): If you’re a new player, you’ll need to create an account at the chosen casino. This typically involves providing basic information and completing a verification process.

4. Claim the Bonus: The method of claiming your 500 free spins bonus may vary depending on the casino. It could involve:

• Entering a bonus code: Some casinos require entering a specific code during registration or deposit to activate the bonus.
• Opting in via the promotions page: Certain casinos allow you to claim the bonus directly through their promotions section within your account.
• Making a qualifying deposit: In some cases, claiming the bonus might be tied to making a minimum deposit amount.

5. Enjoy Your Free Spins! Once you’ve successfully claimed your 500 free spins, you can use them on the designated slots as per the bonus T&Cs. Remember, any winnings from the free spins might be subject to wagering requirements before they become withdrawable cash.

Examples:

• A casino might offer a 500 free spins bonus on the popular slot “Starburst,” with a 30x wagering requirement on any winnings from the free spins.
• A casino could provide a 500 free spins bonus spread across different slots, with each game potentially having its own wagering requirement.

How to Choose a 500 Bonus Casino?

By carefully considering these factors, you can increase your chances of finding a safe and enjoyable 500 bonus casino experience that aligns with your preferences and priorities:

Reputation and Licensing

• Prioritize reputable casinos: Look for casinos with a valid license from a recognized regulatory body, such as the Malta Gaming Authority (MGA) or the UK Gambling Commission (UKGC). These licenses ensure the casino adheres to strict regulations and operates fairly.
• Check online reviews: Read independent reviews from trusted sources to gain insights into other players’ experiences with the casino, including bonus fairness and payout speed.

500 Bonus Terms and Conditions

• Read the fine print: Every 500 casino deposit bonus comes with terms and conditions (T&Cs) outlining crucial details like:
  • Wagering requirements: This is the amount you need to wager before you can withdraw any winnings earned from the bonus funds. A lower wagering requirement is generally more favorable for players.
  • Game eligibility: Not all games might contribute equally towards fulfilling the wagering requirements. Some casinos might even exclude certain games entirely from bonus play.
  • Validity period: The bonus will have a specific timeframe within which you need to claim and use it.
• Beware of unrealistic offers: High bonuses often come with stricter T&Cs or limitations, making them less attractive in the long run.

Game Selection and Software Providers

• Choose a casino with a diverse game library: Look for a casino offering a variety of games you enjoy, including slots, table games, and live dealer options.
• Consider the software providers: Reputable software providers like Microgaming, NetEnt, and Evolution Gaming are known for their high-quality games, fair payouts, and secure platforms.

Payment Methods

• Convenient payment methods: Choose a casino that supports your preferred deposit and withdrawal methods, such as debit/credit cards, e-wallets, or bank transfers.
• Check for processing times and fees: Pay attention to any processing times and fees associated with deposits and withdrawals.

Customer Support

• Reliable customer support: Look for casinos offering multiple customer support channels, such as live chat, email, or phone, and ensure they have a good reputation for responsiveness and helpfulness.

500 Bonus – Pros and Cons

500 sign up bonus can be an attractive offer. However, it’s essential to weigh the potential benefits against the drawbacks before claiming one.

Pros:

• Boosts your initial bankroll: A casino 500 deposit bonus increases your playing funds, allowing you to explore a wider range of games, play for longer, or potentially place larger bets.
• Tries out new games: With more funds at your disposal, you can experiment with various games you might not have tried otherwise, helping you discover new favorites.
• Potential for larger wins: While not guaranteed, having a larger bankroll allows you to place bigger bets, which can lead to potentially larger wins, although it comes with increased risk.

Cons:

• Wagering requirements: You must bet a certain amount before you can take out any money you win from the bonus. If you don’t do this within the set time, you will lose the bonus and any money you won with it.
• Game restrictions: When you play at some casinos, not every game will help you meet the bonus betting rules the same way. Some games might not count at all, which means you can’t use them to earn your bonus.
• Validity period: The bonus typically has a limited timeframe within which you need to claim and use it. Missing this deadline will make the bonus invalid.
• Risk of overspending: Big bonuses can make players want to spend more money than they planned, which could cause problems with gambling responsibly.

Payment Methods in 500 Bonus Casinos

500 bonus casinos offer a variety of payment methods for different player preferences and ensure a smooth financial experience.

Here’s a breakdown of some common options you might use:

Traditional Methods:

• Debit/Credit Cards: This remains a popular choice for its familiarity and convenience. However, some banks might decline transactions related to online gambling.
• Bank Transfers: While secure, bank transfers can be slower compared to other options, with processing times potentially taking several business days.

Alternative Methods:

• E-wallets: These digital wallets, like PayPal, Skrill, or Neteller, offer a faster and more streamlined payment experience compared to traditional methods. They also provide extra security as you don’t share your bank details directly with the casino.
• Prepaid Cards: Prepaid cards like Paysafecard allow you to deposit a specific amount without linking your bank account or exceeding your intended deposit limit, promoting responsible gambling practices.

Emerging Methods:

• Cryptocurrencies: Some casinos support cryptocurrencies like Bitcoin, Ethereum, or Litecoin, offering faster transaction speeds and potential anonymity for players comfortable with this digital currency. However, be aware of the inherent volatility associated with cryptocurrencies.

Conclusion

500 bonus casino platforms show they really care about giving players a great deal. They don’t just stop at bonuses; they make sure there are lots of different games to play, lots of ways to pay, and helpful customer service. These casinos are keeping players happy and are top picks for anyone who wants to get the most fun out of playing online.

Gamble Responsibly

Responsible gambling is a term used to describe the practice of gambling in a way that is safe and enjoyable. It is important to be aware of the risks associated with gambling and to set limits for yourself. You should never gamble more money than you can afford to lose, and you should take breaks if you are feeling overwhelmed. If you are concerned about your gambling habits, there are resources available to help you.

Written by:

Alanas Ivšinas

iGaming industry expert

Experienced Senior level iGaming industry expert. With 10 years of experience in iGaming industry. With high focus on new casino and betting brands development. Have work experience with such big names as MatchingVisions, iBusmedia, Oddschecker.