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Best £500 Casino Welcome Bonuses

Updated
Jackpot Village
Jackpot Village
  • Brand New Casino
  • Great Live Casino
  • Top VIP Members Club

Fancy claiming £500 in casino bonus credit? This handy deal is up for grabs at a range of top online casinos. Whether you’re a fan of online slot games, or fancy a game of  roulette or blackjack, a £500 bonus will afford you some extra play time. Want to know where you can get your hands on these welcome bonuses? We have the answer right here! Take a look through our list of online casinos offering a £500 bonus to new customers. All you need to do is compare, pick your favourite, sign up and deposit!

How to claim your £500 casino bonus

  1. Compare online casinos

    First off,  you’ll need to choose an online casino. We’ve done the hard work for you by listing the best UK casinos offering £500 welcome bonuses. Safe in the knowledge that every casino listed on our site holds a valid UK Gambling Commission (UKGC) licence, you can use our recommendations to compare casinos and choose which best suits you. Can’t quite decide? Our expert casino reviews dig deep into what each site has to offer.

  2. Sign up & opt in

    When you’ve picked out the casino for you, simply follow our ‘Claim Bonus’ link to head directly to the registration page. Complete the signup form with the required details to create your account and don’t forget to opt-in to claim your bonus funds. Your casino may also ask you to provide identity documents to verify your account.

  3. Deposit & claim your bonus

    You’ll need to make a deposit to claim your £500 bonus The best online casinos accept a range of different payment methods, including Visa and PayPal, which means it’s super easy to deposit funds to your account.

  4. Play

    The fun can begin as soon as your funds are in your account. Head to the games catalogue, choose a title and get playing. Bonus cash funds are a great way for beginners to figure out which games they like best, but they’re also ideal if you’re looking to try a new variation of online roulette or blackjack, or one of the hottest new slot titles.

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List of £500 Bonuses - May 2021

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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.

Rank Online Casino Casino Rating Sign-up Bonus Score Key Features Sign Up Terms & Conditions
1
572 user ratings
Jackpot Village rating is 5
WELCOME OFFER

100% up to £500

Our score
9.9
  • Brand New Casino
  • Great Live Casino
  • Top VIP Members Club
18+. New players only. 1 bonus offer per player. Min. deposit £20. Max bonus bet £5. Bonus spins on selected games only- must be used within 72 hours. Bonus funds expire in 30 days, unused bonus shall be removed. Bonus funds are 100% match up to £500 + 50 bonus spins on 1st deposit, 25% match up to £800 + 25 bonus spins on 2nd deposit, and 50% match up to £500 + 30 bonus spins on 3rd deposit. Bonus funds are separate to Cash funds, and are subject to 40x wagering the total bonus, cash & bonus spins. Terms apply. BeGambleAware.org. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
2
1908 user ratings
888 Casino rating is 5
WELCOME OFFER

200% Up To £300

Our score
9.7
  • Full PayPal Support
  • Exclusive Bonuses
  • 7-Figure Jackpots
£20 min deposit, excluding deposits by Skrill or NETELLER • 200% up to £300 Bonus • Bonus wins are capped at £500 • To withdraw bonus & related wins, wager 30 x (bonus amount) within 90 days. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
3
0 user ratings
rating is 0
Our score
9.6
4
1893 user ratings
Spin and Win rating is 5
WELCOME OFFER

100% up to £250 + 100 Free Spins

Our score
9.6
  • Accepts PayPal
  • Massive Jackpot Slots
  • Great VIP Club Perks
Min 1st deposit £20. Max bonus £250. Bonus & wins playable on Selected games only. 40xWR. Max convertible to real 5x bonus amount. Bonus valid for 7 days. Free Spin on the wheel for 10 - 100 spins valid for 24 hrs. Spins & wins playable on NetEnt Slots (excl. progressives). 30WR. Max win £20 from wheel spins. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
5
1578 user ratings
Mansion rating is 4.5
WELCOME OFFER

Up To £500 + 10% Cashback

Our score
9.5
  • Huge Slot Jackpots
  • Live Dealers
  • Full PayPal Support
Min deposit £20 max bonus amount £500. First deposit: 100% up to £200. Second deposit: 50% up to £300. Wagering 40x for each bonus. Game weighting applies. Cashback: 5% cashback on first and all other deposits during week 1, 10% cashback on all additional deposits taking place in week 2 only. Bonus betting limits: slots - £5 all other games – 10% of bonus amount 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
6
1017 user ratings
Hello Casino rating is 4.5

WELCOME OFFER

100% Up To £100 +25 Bonus Spins

Our score
9.4
  • VIP Cash Back Program
  • Special Offers on Weekends
  • Live Chat Support
18+. New players only. One bonus offer per player. Minimum deposit £10. Bonus spins on selected games only and must be used within 10 days. Bonus funds are 100% of your cash deposit up to £100 and must be used within 30 days otherwise any unused bonus shall be removed. Bonus funds are separate to Cash funds, and are subject to further wagering, betting and withdrawal requirements. Terms apply. BeGambleAware. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
7
1426 user ratings
Magical Vegas rating is 5
WELCOME OFFER

100% Match Bonus up to £300

Our score
9.3
  • Big Range of Games
  • Great Graphics
  • Full PayPal Support
1st dep. of £20-£300, max bonus £300 on selected slots, 50x wagering on the sum of deposit & bonus applies. Max convertible 5x bonus amount received and T&C's Apply. 18+ 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
8
1378 user ratings
Casimba rating is 5

WELCOME OFFER

100% Up To £500 + 50 Bonus Spins

Our score
9.3
  • Great Slots + Roulette
  • Live Dealer Tables
  • Loyalty Rewards
Min. deposit £20. Max. bonus bet is £5. Must be used within 72hours and bonus funds expire in 30 days. Winnings from Bonus spins credited as bonus funds and capped at £100. Deposit 1: 100% up to £500. Deposit 2: 25% up to £1000. Deposit 3: £50 up to £500. Bonus funds are separate to Cash funds, and are subject to 35x wagering the total bonus & cash. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.
9
759 user ratings
Temple Nile rating is 5

WELCOME OFFER

200% Up To £500 +30 Spins

Our score
9.2
  • New, Modern Casino
  • Great Bonus Offer
  • Slick Mobile Design
1 bonus offer per player. Min. deposit £20. Max bonus bet £5. Extra spins on selected games only- must be used within 72 hours. Bonus funds expire in 30 days, unused bonus shall be removed. Bonus funds are 200% match up to £500 + 30 extra spins on 1st deposit, 25% match up to £800 + 25 extra spins on 2nd deposit, and 50% match up to £200 + 50 extra spins on 3rd deposit. Bonus funds are separate to Cash funds, and are subject to 40x wagering the total bonus, cash & extra spins. 18+ Please Gamble Responsibly. Click 'Claim Bonus' to view the full terms and conditions.

£500 casino welcome bonuses Explained

The online casino industry is becoming increasingly competitive, so it’s hardly surprising that welcome bonus offers have reached the heights of £500. Do you want to get your hands on a hefty welcome bonus to help you win big? Let’s take a look at the must-know information before you sign up

What is a £500 casino welcome bonus?

Perhaps more accurately described as a welcome bonus of up to £500, these deals are almost always offered matched deposit bonuses.  Casinos offer new players a percentage of their initial deposits up to the sum of £500. This payment may match your first deposit, or may be split over your first, second and third deposits.

Your £500 deposit match welcome bonus will be advertised with a percentage, which tells you how much you need to deposit in order to receive the bonus funds. You’ll find casinos offering 50%, 100% or even 200% matched deposits.

Let’s take a look at an example:

  • 50% matched bonus: deposit £1,000 to claim an extra £500 bonus
  • 100% matched bonus: deposit £500 to claim an extra £500 bonus
  • 200% matched bonus: deposit £250 to claim an extra £500 bonus

Bonus Terms and Conditions

Every casino bonus comes with terms and conditions that could affect how you use the bonus. While the terms in the small print will vary between bonuses, these are some of the most common factors to be aware of:

Payment methods

Some casinos restrict e-wallet deposits, commonly Neteller and Skrill, from claiming bonuses, so it’s important that you check for these exclusions before you sign up to avoid any disappointment. The terms and conditions will highlight which payment methods (if any) are excluded from the bonus.

Minimum deposit amount

While the idea of a £500 casino bonus is fantastic, not all players can invest this much money into online gambling. However, given that these bonuses match deposits up to £500, you can usually deposit a much smaller amount, providing you meet the minimum deposit, and can get some bonus cash in return, which means these bonuses cater for all players’ budgets. Minimum deposits can vary between casinos, but £10 is a pretty standard limit. Let’s take a look at an example:

100% up to £500 first deposit welcome bonus. Min. deposit £10

  • Deposit £10 + £10 in bonus cash = £20 to play with
  • Deposit £250 + £250 in bonus cash = £500 to play with
  • Deposit £500 + £500 in bonus cash = £1,000 to play with
  • Deposit £1,000 + £500 in bonus cash = £1,500 to play with.As you can see, the bonus amount might be capped at £500, but you can deposit more if you want to.

Wagering requirements

Virtually all £500 welcome bonuses will be subject to wagering requirements. These requirements will vary between casinos and will determine how much you need to wager before your winnings are available for withdrawal. We’d recommend checking the terms and conditions for specifics of playthrough requirements so that you can pick the best bonus for you.

Here’s an example of how wagering requirements work:

‘100% up to £500 first deposit welcome bonus’
If you deposit the full £500 and your casino has a 30x wagering requirement, you’ll need to wager £15,000 (30x £500) before your winnings are available for withdrawal.
It’s also worth checking whether your initial deposit is also subject to the playthrough requirements as this could significantly increase how much you need to wager (30 x £1000 = £30,000).

Looking for a casino bonus without wagering requirements? Check out our list of the best no wagering casino bonuses.

Game weighting

This tells you how much playing a certain type of game contributes to clearing the bonus wagering requirement. Whereas wagers placed on most slot games usually count 100% towards the wagering, other games, such as roulette and blackjack, often have a reduced wagering or are excluded altogether.

Maximum bet limits

Online casinos will often cap the amount a player can wager in a single bet when playing with bonus funds and each casino will set their own limits.

Time restrictions

You’ll have a limited amount of time to meet any playthrough requirements before your bonus funds and any associated winnings expire. While some online casinos offer a 30 day expiry date for a bonus this big, different operators will have separate restrictions, so you should take time to check this.

Claim £500 on Your Mobile

You’ll be happy to know that you can claim these £500 welcome bonuses when you play casino games on your mobile. Whether you play using the mobile casino website or download a mobile casino app, you can get your hands on this casino bonus credit. This is especially handy if want to enjoy some extra playtime on your favourite real money games without dipping into your real money wallet.

Grab £500 bonus funds at new casinos

Signing up to a brand new casino doesn’t mean missing out on top casino bonuses. These £500 matched deposit bonus deals are also available the UK’s newest casino sites in “May. When you play at brand new casinos, you’ll get to enjoy innovative features and a fresh design as well as your bonus funds.

Ready to claim your £500 casino welcome bonus?

Now that you understand what to look for in a £500 welcome bonus, you’re ready to claim your own. All that’s left to do is take a look at our list of the top-rated UK casinos, compare bonus offers, pick your favourite and sign up and deposit to start playing.

Grab £500 Bonus Funds at New Casinos

Signing up to a brand new casino doesn’t mean missing out on top casino bonuses. These £500 matched deposit bonus deals are also available the UK’s newest casino sites in “May. When you play at brand new casinos, you’ll get to enjoy innovative features and a fresh design as well as your bonus funds.

Frequently asked questions

  • No. While £500 welcome bonuses are reserved for new players creating a new account, the best casino sites do have regular offers and promotions for existing players. Exactly how you get your hands on these deals will vary between sites- while some offer rewards to VIP players, others hand out happy our free spins, for example.

  • Yes, but you will forfeit your bonus balance and any winnings in doing so. Each casino will have different rules for this, so it’s worth checking before you sign up.

  • Yes, at selected casino sites. Somecasinos will include a batch of free spins in addition to the £500 welcome bonus as part of the welcome package. We’ll highlight any additional free spins in our list if they apply.

  • No. Plenty of other gambling sites offer new players the chance to earn bonus funds when they make their first deposit. This means that whether you want to play online bingo, bet on your favourite sports or play casino games online, you can get your hands on some pretty hefty bonus packages.

  • No. While you need to deposit to get your hands on a matched deposit bonus, some casinos offer no deposit bonuses to new players. These rewards are most often no deposit free spins, but you can claim no deposit casino credit at a handful of sites. Beware that, while you might not need to deposit to claim these bonuses, there are still terms and conditions to contend with.

Contributors

Noel contributes his expertise on all areas of gambling, putting together TopRatedCasinos.co.uk’s online casino tips and gameplay guides. He’s also a huge football fan and keeps a close eye on the English Premier League and Championship.

Danielle is a contributor at TopRatedCasinos.co.uk. She contributes to all things casino, from our ‘how to play’ guides to tips on finding the best sites for your favourite casino games. Danielle also has experience writing about sports betting, covering a diverse range of sports including rugby and Formula One.

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