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The UK’s Best 500% Matched Deposit Bonuses

TopRatedCasinos.co.uk is dedicated to helping customers find the best place to play online. Your safety and well-being is a priority, which is why all of our expert casino reviews are 100% honest and unbiased, and we highlight the key terms and conditions of every casino bonus we advertise. Whilst we accept commission from the casinos on our list of recommendations, and this may affect where they’re positioned on our lists, we only recommend casinos that we truly believe are safe and fair. Of course, we can’t rate and review every casino site, but we do make sure that only the best UK-licensed casinos make it onto our lists.

TopRatedCasinos.co.uk is dedicated to helping customers find the best place to play online. Your safety and well-being is a priority, which is why all of our expert casino reviews are 100% honest and unbiased, and we highlight the key terms and conditions of every casino bonus we advertise. Whilst we accept commission from the casinos on our list of recommendations, and this may affect where they’re positioned on our lists, we only recommend casinos that we truly believe are safe and fair. Of course, we can’t rate and review every casino site, but we do make sure that only the best UK-licensed casinos make it onto our lists.

For casino players taking their first tentative steps into the world of online gambling, it can sometimes be a little hard to get your head around the concept of a 500% matched deposit bonus. Nowhere else in your life as a consumer will you be offered an immediate fivefold return on your investment, but that’s exactly what these casino bonuses provide.

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Read on for our summary of the best 500% matched deposit bonuses and where to find them.

Our unbiased guides and reviews provide everything you need to compare sites and find the one that’s right for you.

List of 500% Matched Deposit Bonuses - January 2022

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Rank Online Casino Casino Rating Sign-up Bonus Score Key Features Sign Up Terms & Conditions
1
1076 User Ratings
Expert Review

100% Up To £150 + 15 Free Spins

9.9
  • Over 1300 Slots And Casino Games
  • Brilliant Live Casino
  • Great VIP Section
100% welcome bonus worth up to £150 is only valid for new players who have registered but have not made any deposit. The value of the bonus has a play through of 35 which must be met to validate any winnings deriving from it. The offer is valid for all payment methods available in Novibet, apart from Neteller and Skrill. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
2
712 User Ratings
Expert Review

100% up to £100 + 10% Cashback

9.7
  • State Of The Art Platform
  • Very Fast Site
  • No Registration Needed
New customers only. Min deposit £10. Wagering 40x bonus. Max bet £5 with bonus funds. 100% bonus up to £100. Eligibility is restricted for suspected abuse. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Full T&Cs apply 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
3
149 User Ratings
Expert Review

Up To £200 Bonus + 100 Free Spins

9.6
  • Brilliant Live Casino
  • Instant Withdrawals Available
  • Live Chat Support
Terms and Conditions Apply. New Players only. 18+. Min First Deposit £10. Min Second and Third deposit: 20. Wagering requirement apply 35x. Offer valid for 72hr. Spins expire after 24hr. 100 spins includes 3 deposits. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
4
218 User Ratings
Expert Review

Up To £200 + 100 Spins

9.6
  • Perfect for VIP Players
  • Excellent Live Casino
  • Great Game Selection
New players only. 18+. Min deposit £10. Wagering requirement apply 35x. Offer valid for 72hr. 100 spins includes 3 deposit. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
5
945 User Ratings
Expert Review

Up to £200 + 100 Bonus Spins

9.5
  • Exclusive VIP Benefits
  • Tons of Slot Games
  • Private VIP Tournaments
First Deposit: 100% up to £50 + 20 Spins on Starburst *Min. Deposit £10 Second Deposit: 50% up to £75 *Min. Deposit £20 Third Deposit: 50% up to £75 *Min. Deposit £20 After first deposit made, customers will get + 20 Spin for the next 4 days 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
6
742 User Ratings
Expert Review

100% Up To £100 + 100 Bonus Spins

9.4
  • 2,000+ Casino Games
  • Great Welcome Bonus
  • Massive Progressive Jackpots
Minimum deposit of £10. Max bonus bet £5. 100% match bonus up to £100 and 100 bonus spins. Bonus spins are valid on the following game(s) only: Aloha! Cluster Pays. Bonus spins to be credited at a rate of 20 bonus spins per day over five days, triggered on your first deposit. Bonus spins winnings credited in the form of bonus funds and capped at £50. Bonus funds must be used within 30 days and bonus spins within 10 days. 35x wagering on the value of the bonus funds 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
7
365 User Ratings
Expert Review

100% Up To £100 + 300 Free Spins

9.3
  • Extra Weekly Bonuses
  • Instant Withdrawals Available
  • Safe & Secure Casino
18+. Full T&Cs apply. New players only. £10 min deposit. £5 max bet using bonus. 40x wagering applies. Bonus valid for 14 days. 30 spins will be credited instantly upon qualifying deposit + then 30 per day for 9 days on pre-selected games. Free spins valid for 72 hours from credit. Max free spins winnings £100. Ewallets excluded. www.begambleaware.org. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
8
213 User Ratings
Expert Review

Up To £200 + 100 Spins

9.3
  • Great Range of Slots
  • Live Dealer Available
  • Excellent Customer Support
New depositing players only. Min. deposit £20. Welcome package includes 3 deposit bonuses. After first deposit made, customers will get + 20 Spin for the next 4 days. 35x wagering applies. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
9
972 User Ratings
Expert Review

100% Up To £123 +10% Cashback

9.2
  • Perfect For High Rollers
  • Top Live Casino
  • 10% Daily Cashback
Maximum bonus is £123, Max bet with bonus is £5, No max cash out, Wagering is 50x - Skrill & Neteller excluded, Eligibility is restricted for suspected abuse, Cashback is cash, so no wagering, Cashback applies to deposit where no bonus is included. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
10
127 User Ratings
Expert Review

100% Up to £80

9.1
  • Brand New Casino
  • Great for Slots
  • Full PayPal Support
New customers only. Min deposit £10 max bonus amount £80. Wagering bonus 35x. Neteller and Skrill deposits not eligible. T&Cs apply 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.

500% Casino Bonuses Explained

There are two values that players need to evaluate with a matched deposit: the percentage on offer – in this case, 500% – and the maximum limit. It’s the former figure that really gives the bonus its value, as this gives players the opportunity to double, triple, or even quintuple their casino balance. Players can think of the limit as the bonus’s range – they can decide for themselves how much or how little they wish to make use of the available amount. 

Matched deposit bonuses as large as 500% will only ever be reserved for new players. Massive welcome bonuses are part and parcel of online casinos; they view these offers as the best way of attracting as many new customers to their site as possible. So, don’t expect a regular 500% match bonuses once you’re a registered member! 

Let’s say a 500% welcome bonus has a ceiling limit of £100. The offer will be presented as ‘500% up to £100’, meaning players will receive five times their deposit value up to £100. You don’t need to claim the full bonus, however. For example, you could deposit £20, land £100 in bonus funds, and have a total of £120 to play with.

Players are also entitled to deposit more than the limit, but the bonus will only be applicable to funds within that limit. So for example, using the same offer as above, if a player deposited £120 they would still receive a maximum of £500 in bonus funds, leaving £620 in their account.

Make no mistake, bonuses of this value are rare. Standard matched deposit welcome bonuses are around 100% up to £100, so offers with a value of a 500% are incredibly generous. But things in life are rarely free, and these offers are certain to come with stringent terms and conditions – we’ll discuss these in greater detail later on, but always make sure you’ve read the small print to avoid any nasty surprises.

Pros and Cons of a 500% Matched Deposit Bonus

Pros

1) Fivefold Return on Investment

There’s no escaping the fact that, from an economical perspective, this is a massively generous offer. Of course it’s never as simple as that, and there are lots of other factors to consider, but as a way of boosting your casino balance there won’t be a better option on the market. 

2) Opportunity to Play New Games at New Sites

One of the best things about matched deposit bonuses is that they give casino players the chance to experience new games and sites without staking too much of their own cash. When the offer is as large as 500%, this perk really extends itself, and online gamblers will have far more to play with than they would with other offers. 

3) Bonus Flexibility

With matched deposit bonuses, players have scope to use as much of the offer as they like. This could mean keeping stakes as low as the minimum deposit, or stretching the bonus to its fullest amount. It’s entirely down to the individual and whatever suits them best.

Cons

While there are certainly some excellent benefits to these bonuses, there’s one thing you’ll need to weigh up before taking advantage of them: terms and conditions.

If an online casino didn’t saddle its bonuses with T&Cs, they’d never be able to make any money; the higher the value of the bonus, the more pertinent this rule becomes.

So, when the offer is as large as 500%, you can rest assured that the severity of the terms and conditions will match the casino’s on-the-surface generosity. 

500% Matched Deposit Bonus Terms and Conditions

Even the best 500% matched deposit bonuses are likely to have most, if not all, of the following T&Cs attached. 

Wagering Requirements

The first and most significant obstacle you’ll come across is wagering requirements – a condition committing players to wager their bonus funds a specific number of times before unlocking bonus-linked withdrawals. These requirements will refer either to the value of the bonus or to the value of the bonus plus the deposit. In the latter instance, requirements will be much steeper. 

Wagering requirements are given as a multiplier somewhere in the region of 25-50x. Bonuses with requirements closer to 25x are more player-friendly than those at the other end of this bracket, but players are likely to encounter requirements closer to the 40x mark with an offer as large as a 500% match. 

Here’s how these requirements work: let’s say you deposited £30 on a matched deposit bonus worth 500% up to £50, which came with a wagering requirement of 35x. In this case, you’d need to wager a total of £1,750 (50 x 35) before you could make a withdrawal request of any bonus winnings. With this example, it’s easy to see how wagering requirements can block a player’s route to cashing out any bonus funds or associated winnings.  

Wagering Contributions

In addition, online casinos will divide their games catalogues in terms of wagering contributions. Most online slots will be weighted at 100%, meaning the full weight of the wager will contribute to the overall requirements. Other games – particularly table games such as roulette and blackjack – tend to be weighted at lower amounts, sometimes 10% or even 5%. If you’re shooting for the wagering requirements, you’ll only be able to fulfil them when your wagers are working as hard as they can. 

Game Restrictions

Owing to game restrictions, you won’t be able to access the casino’s entire games library with bonus funds. Casino sites like to concentrate bonus money players towards specific games, perhaps those that have lower return to player (RTP) percentages or high variance ratings. Make sure at least some of your preferred titles are eligible to play with your matched deposit. 

Payment Restrictions

It’s not just the selection of games that will be restricted. To mitigate against new players accessing welcome bonuses more than once, online casinos will limit eligibility on payment options. Debit cards are almost always safe, but newer banking technologies like e-wallets may be excluded. 

Winning Caps

500% match bonuses provide significant opportunities for players to win decent sums of money. In order to temper the possibility of a huge payout, casino sites will place a maximum winning cap on the bonus, but instead of seeing this as unfair, consider the cap to be a handy on-site limiter. 

Time Limits

Bonus funds come with an expiration date. This could be days, weeks, or months, but make sure you’re aware when the clock runs out, because all outstanding funds will be removed. This is especially important if you’re looking to complete the wagering requirements, which may have their own separate time limit attached.

Bonus Calculator

Our bonus calculator tool makes it easy to find out the amount you’ll need to wager in order to meet your bonus’s wagering requirements. Enter the deposit value and percentage, the wagering requirements, the contribution percentage of your favourite game, and whether your casino includes your deposit in the calculation. All of the details you’ll need can be found in your casino’s bonus terms and conditions. Once that’s done, click ‘Calculate’!

Please enter a value between 1 and 500
Please enter a value between 1 and 500
Please enter a value between 1 and 100
£0.00
£0.00
£0.00

Payment Methods

Although you may not be able to use all of these payment methods to access the bonus, there are now a wide range of banking options at UK casino sites. Here are the most common. 

Debit Cards

Deposit speed: Instant

Withdrawal speed: Slow, between 2-5 working days 

Debit card deposits will qualify players for just about any welcome bonus offer, and this option is available at all UK online casinos. The only major downside is that withdrawal requests are among the slowest, sometimes taking five working days. 

As of April 2020, credit cards are no longer available for use at online casinos.

e-Wallets

Deposit speed: Instant

Withdrawal speed: Instant

PayPal, Skrill, and Neteller are all excellent e-wallet options at UK casinos and will all offer similar perks, including lightning quick deposits and withdrawals. Fast e-wallet deposits also go hand in hand with better security, since there’s no need to exchange sensitive bank details on any transaction. 

Trustly

Deposit speed: Instant

Withdrawal speed: Medium, between 2-3 working days

Trustly is an online payment system that allows casino players to transfer funds directly from their bank account into their casino’s. Availability is good but could be better, and withdrawal times usually sit somewhere between debit cards and e-wallet. 

Paysafecard

Deposit speed: Instant

Withdrawal speed: N/A

Paysafecard is a prepaid card that works on a voucher-based system. Vouchers can be physically purchased at multiple retail outlets, or bought online via a ‘my Paysafecard’ account. Some UK casinos can process withdrawals when vouchers have been bought online, otherwise there are no opportunities to withdraw casino funds.

Boku

Deposit speed: Instant

Withdrawal speed: N/A

Pay by mobile services like Boku link up with mobile network providers to allow casino players to pay for their deposits simply by entering in their mobile numbers. Deposit limits are tight and players can’t withdraw, but this option is perfect for small and punchy deposits.

Claim a 500% Matched Deposit Welcome Bonus at a Top Online Casino

We’ve collated all the information you need on 500% matched deposit bonuses right here. Take a look at our expert reviews, use our leaderboards to compare sites and offers, and find the best 500% welcome bonus for you. 

FAQs

Blacklisted Casinos

You might have read about the areas we dive into when thoroughly reviewing a casino, but what happens when an operator falls short? It might end up on our blacklist — these are names we’d implore you to avoid in your hunt for a top online casino with a matched deposit bonus.

At TopRatedCasinos.co.uk, we only ever recommend licensed casinos, and those without will be blacklisted without question. But that’s not the only reason a gambling site might have a mark against its name. If there’s any hint that it’s hard to withdraw funds at the site or we discover any involvement in rigged or unfair games, it ends up on the blacklist.

Poor security and non-responsive customer support are another couple of reasons — if you’re looking for a casino with a 500% matched deposit bonus, stay away from these sites.

BLACKLISTED OPERATOR
99 Slot Machines
  • Spammed players
  • Unresponsive customer support
  • Refused to pay winning players
BLACKLISTED OPERATOR
21 Grand Casino
  • Slow payments
  • Unprofessional customer support
  • Predatory withdrawal terms
BLACKLISTED OPERATOR
Lucky 18 Casino
  • Reputation for not paying players
  • Duplicitous customer support
  • Owner was arrested for offering an illegal gambling site

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