500% Casino Bonus - Canadian Casinos With 500% Bonuses

Table of Contents

1. Best 500% First Deposit Bonuses
2. How We Rate 500% Welcome Bonuses
3. What Is a 500% Deposit Bonus?
4. 500% Deposit Bonus Calculator
5. How To Claim a 500% Match Bonus?
6. New Casinos With 500% First Deposit Bonus
7. Terms and Conditions of 500% Bonuses
8. Alternative Deposit Bonuses
9. FAQ

Best 500% First Deposit Bonuses

Currently, there are no casinos with 500% first deposit bonuses available for Canadian players.

When casinos start offering them, you will find them listed here.

In the meantime, the casino bonus with the largest bonus percentage is listed below:

1. Wheelz - 400%/C$80 + 100 bonus spins

1. Wheelz

The biggest bonus percentage is available at Wheelz.

Wheelz welcomes you with a 400% deposit bonus, which is not quite 500%, but it is the biggest offer you can get right now in Canada. This offer will add four times as much bonus money as you deposit, which is quite a remarkable amount.

The casino earned a high overall score from our experts, meaning it is an all-around great choice. You can see what our experts thought about the casino in the Wheelz Casino review.

The bonus has a 35x wagering requirement, but only applies to the bonus funds plus spin winnings. To receive the maximum bonus, you need to deposit C$20, which earns you a C$80 bonus boost. There's no limit on how much you can cash out from the bonus.

Honourable Mentions

Even though these brands don't have the 500% first deposit bonus you're looking for, they're still well-above the average casino deals:

• Kryptosino - 300%/$600 & 25 free spins
• Horus Casino - 300%/C$600 & 25 free spins
• Vegaz Casino - 300%/C$600 & 25 free spins

How We Rate 500% Welcome Bonuses

We rate 500% welcome bonuses by checking the offer, reading the terms and conditions, ensuring that there are no caveats with the offer and calculating the total value to the player. We also go over the casinos to see how good they are, how many games they have, whether they are safe, and how responsive is the customer support.

Our experts can quickly tell if a bonus offer is good and if it is more of a hassle than it's worth. With their help, you can easily choose the offer that gives you what you want and does it fair and square.

Bojoko's online casino bonus reviews have been a helpful resource to players, and they have earned Bojoko several industry awards over the years.

What Is a 500% Deposit Bonus?

A 500% deposit bonus is an offer that gives you five times the bonus funds. For every dollar you deposit, the casino will add five more as bonus money to your account up to a set maximum limit.

For example, a 500% bonus up to C$50 will give you C$50 in additional bonus money if you deposit C$10, meaning you'd have C$60 to play with. This is also the maximum bonus amount you can get, no matter how much you deposit, so it is good to deposit accordingly.

The money you get from 1st deposit bonuses can be used to play games at the casino and converted into real withdrawable cash. The bonus terms can limit which games you can play, but slots are generally always allowed.

A 500% bonus is a remarkably big offer, as most other deposit bonuses are between 100 and 200 percent. They are also very rare and not always available. When you find them, they are usually exclusive casino bonuses that are not available to everyone.

500% Deposit Bonus Calculator

You can use our bonus calculator to see how your 500% bonus is affected by different wagering requirements.

500% Deposit bonus calculator

500% Match bonus Your deposit will be matched 500% up to the maximum bonus amount

Your deposit

C$ 500

Maximum bonus

C$ 0

Wagering multiplier

0 x

Game contribution

100 %

Time limit

7  days

Your deposit:

C$ 0

Bonus amount:

C$ 0

Total player balance:

C$ 0

Wagering requirement:

C$ 0

Effective wagering:

C$ 0

Time limit:

0  days

How To Claim a 500% Match Bonus?

To claim a 500% match bonus, follow the steps below:

That is all you need to do to get a 500% bonus.

💡 Make sure you read the significant terms of the offer, so you know if any deposit methods are excluded. Due to bonus abuse, Neteller and Skrill deposits may not be eligible for bonuses.

New Casinos With 500% First Deposit Bonus

500% first deposit bonuses are very rare, which is why finding new online casinos with 500% bonuses is not easy. When you look at the latest online casino sites, you can quickly see that they focus on having a large maximum amount rather than having a high bonus percentage.

We have listed new casinos with the largest bonus percentages for Canadians. If there are new 500% bonus casinos, you will find them listed below:

Terms and Conditions of 500% Bonuses

The most critical terms and conditions for 500% bonuses include minimum deposit, wagering requirements, and eligible payment methods. These factors determine how you can claim the bonus, what you can do with it, and how you can convert the bonus into real money.

The general rule is that the better the bonus offer is, the stricter the terms are. Things like the wagering requirement and deposit limits are more difficult the more valuable the bonus is.

Here are the most common bonus terms and conditions.

• Minimum deposit - The smallest amount you need to deposit to get the bonus
• Wagering requirement - How many times the bonus needs to be played before you can withdraw it
• Blocked deposit method - Which payment methods are not eligible for the bonus
• Maximum bet - The most you can bet on a single round while using the bonus
• Game contribution - How different game types contribute to the wagering
• Prohibited games - Which games are not allowed while using the bonus
• Time limits - How long do you have to claim the bonus and complete the wagering

While most bonus terms are simple and lenient, like the time limit, which is often measured in weeks, some are very strict.

Pay attention to the maximum bet limits and wagering requirements. If you break those terms, the casino will take your bonus away from you.

Pros and Cons of 500% Deposit Bonus

Comparing the pros and cons of a 500% first deposit bonus can help you decide whether the positives outweigh the downsides.

Alternative Deposit Bonuses

There are plenty of different-sized bonuses for Canadian players, which you can grab. Below, you can find common deposit bonus types.

FAQ

About the Author

Article by:

Ville Saari

Ville is an iGaming industry veteran who has written thousands of gambling-related reviews and articles since 2009. He is an IT engineer with a passion for game and strategy optimization and for teaching the world to play better.

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Edited By:

Kati Saari

Kati has worked in the gambling industry for over a decade. She has tested hundreds of casinos and written thousands of articles while evolving into an iron-clad expert in her field. Having a true passion for her work she’s adamant not to let anything past her without thorough research.

Read more »