How CasinoAlpha Tests 500% Deposit Bonuses
Every 500 deposit bonus casino offer found on this page has been fully tried and tested by the team here at CasinoAlpha. We have a thorough process for testing all bonuses, which ultimately begins by claiming the bonus.
We use first-hand experience, with our team following the sign-up process and then making an initial deposit to claim the bonus money. We’ll then use the offer, adhering to all the terms and conditions, and complete the wagering requirements to ensure that all the terms are correct and the process for using the bonus is smooth.
We’ll also use the customer support tools to ask questions about the bonus and review T&Cs thoroughly. What that means is that the 500% match bonus offers we recommend are completely trusted and worthwhile playing with.
How Does an Online Casino 500 First Deposit Bonus Work?
In a nutshell, 500% deposit bonuses will match your first deposit by giving you 500% of that value as a free bet. So, if you were to sign up to a casino site with this offer and make a first deposit of $20, you’d then also receive $100 to play with as free bets. That’s because 500% of 20 is 100.
Some casino promotions may differ slightly in that the 500% figure could be a combination of multiple offers. These are becoming more and more common, and a casino may not just offer a match deposit bonus on your first deposit but also follow deposits.
So, in theory, a 500% deposit bonus could also be made up like the following:
- 50% deposit match bonus on the first deposit
- 50% deposit match bonus on the second deposit
- 100% deposit match bonus on the third deposit
- 100% deposit match bonus on the fourth deposit
- 200% deposit match bonus on the fifth deposit
Keep in mind that this is just an example. Again, that’s why it’s always worth reading the terms and conditions to understand the type of bonus it is in order to get a full lay of the land. This is also the case for most other deposit match values, including 300% casino bonuses, which will be divided across multiple deposits.
How to Claim 500% Deposit Bonus Offers – Quick Guide
If some of the 500 match bonus casino offers above have tweaked your interest and you’re looking to sign up for the welcome bonuses, it’s generally a straightforward process that can be completed in just a few minutes.
To claim a 500% deposit casino bonus, you’ll typically have to follow these steps:
- Select one of the offers above and click through to the official online casino NZ website.
- Choose the registration option and begin to fill out your details. This will include personal details such as name, email address, address and so on. Confirm this to create your account.
- Make a qualifying deposit at the site, as stated in the terms and conditions. Depending on the terms of the offer, you may also need to enter a bonus code here. So do not miss that!
- You’ll then receive your 500% bonus in your bankroll to begin playing.
It’s worth noting that in some instances, you may have to place bets with your first deposit before you receive your bonus, which again will be stated in the terms and conditions.
Typical Terms & Conditions You’ll Find With 500% Deposit Casino Bonuses in New Zealand
It’s important to read the terms and conditions of 500% deposit bonuses, and indeed any offer, as there are several stipulations that you need to adhere to not only to claim your offer but also ensure you can cash out any winnings and so forth.
The terms and conditions will always be readily available on a promotion’s page, usually in small print and linking to a full page of the information. While terms and conditions do differ from casino to casino and offer to offer, there are common aspects to look out for, including:
Wagering requirements
There will be a set of requirements you have to complete before you can cash out any winnings. Players will be required to spend their bonus amount a set number of times in the casino prior to withdrawal. For example, an offer may carry wagering requirements of 50x the bonus amount. Therefore, if you received a $100 bonus, you’d have to wager $5,000 from that bonus and any winnings as a result before you could withdraw.
When it comes to completing minimum wagering requirements, certain games may also not fully contribute to them. So, for example, you may find that slots contribute 100%, but blackjack only contributes 50% towards wagering requirements. This means that if you were to take the same example as above and entirely play blackjack to complete wagering requirements, you’d have to wager a total of $10,000 to complete them. Unfortunately, no wagering bonuses with a 500% are extremely rare, so low wagering requirements will have to do.
Time scales
Time frames come into play at different stages of a bonus. You’ll generally have to do the following within a certain time frame, which can range usually from 72 hours up to a month:
- Claim the 500 match bonus casino offer
- Use the bonus funds you receive
- Complete the wagering requirements
Minimum/maximum deposit
You will only be able to claim the offer if you place at least the minimum deposit amount set by a casino. Typically you’ll find this is around the $10-$20 mark. So, if you were to place a deposit of $10, you’d have your $10 stake to play with, plus $50 in free bets.
The maximum deposit is also important to note within the casino bonus offer. 500 bonus casino offers will state that they will offer 500% up to a certain value. For example, it may be that you can get a 500% match on a deposit up to a value of $200. Therefore, you’d only receive a full 500% match up to a deposit of $40. That doesn’t mean you can only deposit a maximum of $40, but it does mean that any deposits higher would see the bonus amount capped at $200.
Select games only
There’s a good chance that the deposit bonus offers you’re given can only be used on certain games. This is commonplace, and the games available to play are always clearly highlighted on an offer page.
Usually, the games you can play with a bonus are among the more popular on a site, or new games, as the casino is trying to entice new players in. Some, however, don’t have any games attached to them, and you can use them for any casino game.
Payment method
Not as common as those mentioned above, but there could be certain exclusions when it comes to the fast payment method you use to make a deposit. Sometimes, deposits made using PayPal, for example, may not qualify for the 500 match bonus casino offer, so do make sure you read the terms and conditions not to fall foul of this.
Bonus codes
Finally, to claim the offer you may also need to add in a casino welcome bonus code or opt in to promotions during the deposit or sign-up process. You’ll find the bonus code nestled in the terms and conditions and all you need to do is add it to the applicable box when depositing in order to claim the offer. Many 500% bonuses don’t require a code, but it’s just useful to be aware that in some cases this may apply.
General terms and conditions
Alongside the above, there will also be a handful of generic terms and conditions that are placed on every online casino bonus and the casino in general. These are common worldwide and often consist of:
- One promotion per person, per household, email address and so on.
- Any bonus abuse or gameplay that could be considered bonus abuse will see the bonus voided and account potentially suspended.
- The casino has the ability to withdraw or change the offer at any time.
Best Online Casino Bonus Alternatives for 500% Deposit Bonuses
If none of the bonuses above provides you with what you’re looking for, or you’ve already utilised the 500 bonus casino offers available, there are plenty of other bonuses you can get your hands on, too.
In fact, across many other casinos, you’ll find deposit bonuses of 100% up to 400% bonus values, which can also be worthwhile claiming, with the most common being 100% match bonuses, with 200% casino bonuses also being up there with the rest. There are dozens upon dozens of these available across new slot sites and many more established ones.
Elsewhere, no deposit bonuses are always worth keeping an eye out for as these provide you with free spins batches or free cash without the need to make a deposit, while low wagering bonuses are perfect for low-stakes players, particularly those looking to play at casinos for the very first time.
CasinoAlpha’s Final Verdict on 500% Deposit Bonus Casino Offers
500 deposit bonus casino offers are among the most lucrative and generous offers out there. There’s absolutely no doubt about that. They provide players with a great start to life at a casino site, with plenty of bonus funds to try out new games or boost a bankroll.
There are many of our favourite casino sites now offering them, so it’s well worth signing-up, making a deposit and enjoying them whilst they’re being offered. They won’t stick around forever!
