500 Casino Bonus Review – AI Grading & Expert Insights (2025)
Overview of 500 Casino’s bonuses
500 Casino offers two welcome packages—one for casino players and one for sports bettors. The 300% deposit match makes these offers stand out, but the high rollover requirements and rakeback unlock system ($400 wagered = $1 unlocked) reduce their value.
However, the $500 Free Bet is a strong offer, as it has low rollover requirements and minimal restrictions. Our AI-powered grading system evaluates fairness, wagering rules, and overall player-friendliness.
🌍 Eligible Countries
🇨🇦 Canada • 🇪🇺 Most of Europe • 🇬🇧 United Kingdom • 🇦🇺 Australia
• 🇮🇳 India
🗓️ Last Updated: 30 September 2025
About 500 Casino & Reputation
Founded in 2016, 500 Casino is a crypto-friendly gambling site licensed under the Curaçao Gaming Control Board (license number OGL/2024/1354/0882). Operating out of Willemstad, Curaçao, it targets major markets including Germany, Poland, the United Kingdom, and the United States. The platform offers casino games, sports betting, and esports under a single roof, with crypto integration at its core.
Trustpilot Reputation: Mixed Reviews (3.2/5)
500 Casino holds an average 3.2 out of 5 rating on Trustpilot, based on over 870 reviews. Feedback is split—some praise the crypto withdrawals and bonus variety, while others report issues with withdrawals and support.
500 Casino Bonus: Pros & Cons
Pros
- Two welcome offers to choose from: Casino bonus or $500 Free Bet for sports bettors.
- Low rollover on the sports Free Bet: Just 1x wagering required.
- Massive bonus size available: Up to $15,000 + 50 free spins.
Cons
- Casino bonus is locked behind a $400 wager = $1 unlock system.
- High effective wagering requirement on casino bonus (40x on winnings, plus unlocking).
- Short 14-day bonus expiry across both offers.
- Only Pragmatic Play slots count toward wagering for casino bonus.
500 Casino Bonus Terms (Summarized)
- Casino Bonus: 300% up to $15,000 + 50 Free Spins
- Minimum deposit: $25
- Bonus funds released as rakeback boost ($400 wagered unlocks $1)
- Winnings wagering requirement: 40x
- Max bet with bonus: $10 per spin/bet
- Free Spins must be claimed within 72 hours
- Sports Bonus: Free Bet up to $500 + 300% rakeback up to $15,000
- Minimum deposit: $25
- Free Bet winnings wagering requirement: 1x
- Max bet with sports bonus: $100 per bet
- General Terms:
- Bonus balance expires after 14 days
- Some casino games and sports markets restricted
📌 Sports Bonus Special Note:
The primary sports welcome bonus is the $500 Free Bet. Players should register mainly for this straightforward Free Bet, while treating the rakeback boost as a secondary perk due to its challenging unlock requirements.
500 Casino No Deposit Bonus & Voucher Codes
500 Casino does not currently list a standard no deposit bonus on its website. Instead, the operator occasionally distributes exclusive voucher codes via email or partner campaigns. These 500 Casino voucher codes can unlock free spins or small chip offers, but they nearly always come with strict terms such as high wagering (50x+), withdrawal caps, and short expiry windows.
500 Casino Bonus Information Table
|
Site Name |
First Deposit Bonus |
Bonus Type |
Rollover Requirement |
Eligible Games |
KYC Required |
Minimum Deposit ($) |
Bonus Rating |
|---|---|---|---|---|---|---|---|
|
500 Casino |
300% up to $15,000 + 50 Free Spins |
Casino |
40x |
Slots (Pragmatic Play) |
Yes |
25 |
⭐⭐⭐ |
|
500 Casino |
$500 Free Bet + 300% up to $15,000 |
Sports |
1x |
Sports bets (Min odds: 1.60) |
Yes |
25 |
⭐⭐⭐⭐⭐ (88, Excellent) |
500 Casino Detailed Bonus Grading Breakdown
|
Category |
Casino Bonus Score |
Sports Bonus Score |
|---|---|---|
|
Rollover Requirement (30%) |
40 (40x rollover) |
100 (1x rollover) |
|
Eligible Games / Min Odds (25%) |
60 (Only specific Pragmatic Play slots) |
100 (Min odds 1.60) |
|
Hidden Restrictions (20%) |
20 (Severely limited unlocking system) |
80 (Free Bet = bet refund, no major hidden restrictions) |
|
Expiry Date (15%) |
60 (14 days) |
60 (14 days) |
|
Bonus Size (10%) |
100 ($15,000 max) |
80 (100% match $500 free bet) |
|
Bonus/Deposit Ratio (10%) |
100 (300% match) |
60 (100% free bet match) |
|
Minimum Deposit (5%) |
80 ($25) |
80 ($25) |
|
Final Score |
51/100 (⭐⭐⭐ Average) |
88/100 (⭐⭐⭐⭐⭐ Excellent) |
🧠 Expert Verdict by Balazs
While 500 Casino presents two large bonuses, they are worlds apart in actual value. The $500 Free Bet for sports is the clear winner and highly recommended due to its simple 1x rollover requirement – a genuinely player-friendly offer.
Conversely, the Casino Bonus, despite its massive $15,000 potential, is severely hampered by the ‘$1 unlocked per $400 wagered’ system. This makes accessing the bonus cash extremely difficult and time-consuming, drastically reducing its practical value unless you are an exceptionally high-volume slots player focusing only on Pragmatic Play.
🎯 Bottom Line
Prioritize the $500 Free Sports Bet if you’re a sports bettor. It is one of the best crypto welcome bonuses out there in 2025. Treat the casino bonus and the rakeback component of the sports offer as minor, secondary perks rather than primary reasons to sign up.
Author: Balazs Pal
Balazs is a co-founder of FreeCryptoBonus and a seasoned sports betting analyst with over a decade of experience in the NBA and MLB betting markets.
Having worked on both the sportsbook and affiliate sides of the iGaming industry, he brings deep market expertise and a no-nonsense approach to evaluating crypto betting bonuses. You can learn about his process in our bonus review methodology.
Outside of FreeCryptoBonus, Balazs also runs CoinBettors along with several niche tipster and non-English affiliate sites.
Freshly Updated Crypto Bonus Reviews
Frequently Asked Questions (FAQ) – Overview of 500 Casino’s bonuses
How do I claim the 500 Casino bitcoin sign up bonus?
To claim the bonus, make a minimum deposit of $25 (or equivalent in cryptocurrency) and select either the casino or sports offer.
What are the wagering requirements for the 500 Casino casino bonus?
The casino bonus winnings must be wagered 40x before they can be withdrawn. However, the bonus itself is locked as a rakeback boost, meaning $1 unlocks for every $400 wagered, making the effective wagering significantly harder.
What are the wagering requirements for the 500 Casino sports bonus?
The sports bonus’s free bet has a 1x rollover, meaning you only need to place at least one wager before winnings become withdrawable. However, the rest of the bonus funds are also locked as a rakeback boost ($400 wagered = $1 unlocked), making it harder to access the full value.
Which games count toward wagering the casino bonus?
Only specific Pragmatic Play slots contribute to wagering. Table games, live dealer games, and some slots do not count.
What are the minimum odds for wagering the sports bonus?
Sports bets must have minimum odds of 1.60 (-167) to count towards wagering.
How long do I have to use the bonus?
The bonus balance expires in 14 days, after which any unclaimed funds will be forfeited.
Are there any bet limits with bonus funds?
Yes:
– Casino bets are limited to $10 per spin.
– Sports bets are limited to $100 per wager.
Why does the 500 Casino bonus require unlocking?
Unlike traditional bonuses, 500 Casino uses a rakeback boost system, where bonus funds are locked and only unlock gradually at $1 for every $400 wagered. This significantly affects how quickly the bonus can be converted into real funds.
Is KYC verification required to withdraw winnings?
Yes, KYC verification is required before you can withdraw any bonus winnings.
Can I claim both the casino and sports bonuses?
No, you can only claim one welcome bonus per account. Choose the sports bet!
Does 500 Casino offer a no deposit bonus?
Not as a regular promotion. However, exclusive campaigns and voucher codes sometimes provide free spins or small credits without a deposit.
How do 500 Casino voucher codes work?
Voucher codes can be entered during registration or in the promotions section. They typically grant free spins or small bonus funds but carry stricter wagering and limits than standard offers.
Where can I find a valid 500 Casino voucher code?
Check your email after signing up or look for exclusive campaigns from trusted partners. Public voucher codes are rare and usually time-limited.
Are no deposit offers better than the welcome bonus?
No. The no-deposit perks are often heavily restricted. The $500 Free Bet with 1x rollover is far more player-friendly.