5 Active Offers With 500%

  • 500% UP TO $500

    Code: NEON Copied !
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    Min deposit$10
    WageringNo Wagering
    Max cashout-

    How to Claim the Offer

    • Enter the site and finish the registration process
    • Add the necessary documentation
    • Log in on the site
    • Make a minimum $10 deposit and use the coupon code “NEON”

    Bonus Verdict

    Neon Vegas Casino’s first deposit bonus allows NZ players to discover the site with a minimum $10 deposit. We believe the promotion is excellent thanks to the low rollover of 20x and high maximum winnings of $5000.

    With this offer, inexperienced and veteran gamblers can access 1500 slots. Withdrawing the winnings might last longer due to the casino’s 3-day payout time.

  • Alpha Rating:7.8 /10

    500% UP TO $99.99

    Code: THEBIGONE Copied !
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    Min deposit$20
    Wagering27X (Deposit + Bonus)
    Max cashout-

    Important terms about this bonus

    • To claim this bonus you must use THEBIGONE code
    • This offer will give you a higher percentage up to 1000% for higher deposits
    • Maximum bet while bonus funds are active is set at $10

    Bonus Verdict

    Claim the Casino Brango’s bonus if you are looking for a versatile offer which goes right with every deposit you make, no matter the value as well as it is more than $20. We highly recommend this promotion as you will get a low 27x wagering as well as a high 10x bonus amount maximum cashout for an up to 1000% bonus.

  • Alpha Rating:7.8 /10

    1000% UP TO$2000 + 1 FREE SPINS

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    Important Terms

    • You must deposit at least NZ$10
    • Players who deposit using the “Quick Deposit” method must contact customer support to claim the offer
    • If you win, you must wager the bonus and the deposit 65 times
    • Only bonus fund wagers contribute towards meeting the wagering conditions
    • Do not close the “Bonus Wheel” pop-up, or the game will no longer be available to you

    Promotion Verdict

    NZ players can benefit from a 1000% matchup bonus up to NZ$2000. After depositing, you get the chance to spin the Bonus Wheel, either for free or by paying a small sum. The prize from the Bonus Wheel is not guaranteed, but your deposit funds will be multiplied by the number displayed on the segment you land on. However, if you meet the wagering requirements, you cannot convert more than NZ$250 to real funds.

  • 500% UP TO $500 + 50 FREE SPINS NO DEPOSIT

    Code: LUCKYPUG Copied !
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    Important terms

    The welcome package consists of 4 deposit bonuses.

    Bonus verdict

    SpinPug Casino is owned by Winzon Group LTD and had been on the market since 2019. The site functions according to an MGA license. The casino offers more than 120 live games and provides 24/7 support, though it has a drawback of slow payout processing, taking up to 3 days. The promotion includes 50 spins upon registration, and offers on the first four deposits: up to 500% on the 1st deposit, up to 300% on the 2nd deposit, up to 200% on the 3rd deposit, and up to 100% on the 4th deposit.

  • Alpha Rating:7.1 /10

    500% UP TO $99.99

    Code: THEBIGONE Copied !
    More details
    Min deposit$20
    WageringNo Wagering
    Max cashout-

    Important Bonus T&C

    • To get a 500% match deposit between $20 – $99.99
    • To get a 650% match deposit between $100 – $149.99
    • To get an 800% match deposit between $150 – $199.99
    • To get a 1000% match deposit over $200

    Promotion Verdict

    Our team of experts believes the Casino Extreme bonus to be excellent for most types of NZ online gamblers due to the amazing deposit match of 500% to 1000% without a maximum value. These conditions make the offer great for both low-rollers and high-stakes gamblers. Furthermore, the promotion requires you to complete a low wagering requirement of 7x D+B to withdraw up to 10x the amount you deposited. This type of deal is extremely rare to find in the NZ online gambling market.

    The best part about Casino Extreme, however, is its exclusive pokies catalogue, with a small number of 160 titles of the highest quality that you can’t find on any other online gambling site in NZ. Furthermore, the operator offers you a multitude of favourable promotions with deposits starting at $10 aimed to suit any preferences you might have.

  • Bonus Email

    Only by email

    9.2 / 10
    Alpha Rating

    Get 100 Free Spins No Deposit

    This offer can only be claimed by subscribing..

    We keep your email private. It's only used to send promotions. Subscribing means you agree to receive them.

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?

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

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:

  1. Select one of the offers above and click through to the official online casino NZ website.
  2. 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.
  3. 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!
  4. 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:

Typical Terms & Conditions You’ll Find With 500% Deposit Casino Bonuses in New Zealand

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

Best Online Casino Bonus Alternatives for 500% Deposit Bonuses

Criteria 100% Bonus 200% Bonus 300% Bonus 400% Bonus 500% Bonus
Deposit Limits Low Medium High Very High Extremely High
Wagering Requirements Low Medium High Very High Extremely High
Game Limitations Few Some Many Most Extensive
Best for (Type of Player) Casual Regular Experienced High Roller Risk Taker
Risk Low Moderate High Very High Extremely High
Restrictions Few Moderate Strict Very Strict Most Strict
Expiration Time Long Medium Short Very Short Extremely Short
Availability High Medium Low Very Low Extremely Low

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!


What are the main benefits of 500% deposit welcome bonuses?

Ultimately, the main benefit of a 500% bonus, particularly when compared to other bonuses, is that they will boost your bankroll by a much larger amount. That gives players the chance to explore different games in a catalogue, or double down further on the games they already love.

What are the main restrictions with 500% deposit bonuses?

The main restrictions you’ll find with such bonuses are in the wagering requirements and time limits. Wagering requirements can vary from casino to casino, but before you can claim your winnings, you’ll have to spend the bonus amount a set number of times. Other restrictions include only being able to play certain games.

Are there cashout limits on 500% deposit bonuses?

The 500% bonus will usually be capped at a certain amount. This can vary depending on the casino. It won’t prevent you from depositing more, but if the 500% deposit bonus was up to $500, any deposit over $100 would still see the bonus limited to $500. So, if you were to deposit $150, for example, you’d still only receive the $500 as a bonus, even though that’s under 500%.

Anca Iamandi
AuthorAnca IamandiSenior Author & Editor at CasinoAlpha

Anca's analytical skills developed in Generative Linguistics allow her to bring you clear casino content. Her texts will help you understand online casinos, bonuses, fees, and essential rules, in order to forget about the gambling myths that pull you down. She's a strong advocate of safe gambling.

Adina Minculescu
ReviewerAdina MinculescuSenior Author & Editor at CasinoAlpha

Adina’s analytical way of thinking is what casino players need to understand the casino market. With her expertise in this niche combined with her intensive studies in linguistic typology and hermeneutics, she will provide you with the essential help to make informed decisions. Trust her to be your trustworthy guide!