500% Casino Bonuses in Canada 2023

By Julia Abrams

Updated Feb 28, 2023

Our experts have investigated and compared online casinos in Canada with a 500% deposit bonus. We signed up, got the rewards, transferred funds, played, and then withdrew it. Then evaluate each available casino and compare results to our specified criteria, as game variety, support, offers, and bonuses. After extensive inspections, we have compiled a list of the top 500% bonus casinos. So enjoy yourself while playing to get your best bonuses.

Casinos with 500% Bonus in Canada

Top 1
Up to C$1500 + 180 FS
Welcome Package
winrate
Win Rate
97.3%
wager
Wager
40x
payout
Payout
1-3 days
  • 100 FS Every Day,
  • 7% Extra Cash,
  • 15 Book Free Spins.
Top 2
50 FS for C$5
on Buffalo Power Hold and Win
winrate
Win Rate
98.6%
wager
Wager
200x
payout
Payout
1-2 days
  • Minimum deposit C$ 5
  • C$1000 + 100FS 2nd deposit
  • 50 FS every Monday
Top 3
Up to C$500 + 99 FS
Welcome Bonus
winrate
Win Rate
96.8%
wager
Wager
45x
payout
Payout
1-3 days
  • 20 FS for verification
  • Daily fortune booster
  • Up to C$250 reload bonus
4
100% up to $500
+ 200 Free Spins
winrate
Win Rate
95.73%
wager
Wager
40x
payout
Payout
1-5 days
  • $500 Live Casino Bonus
  • SpinBooster
  • Many games
5
200% + 75FS
First Deposit Bonus
winrate
Win Rate
96.5%
wager
Wager
45x
payout
Payout
0-24 hours
  • 150%+100FS for C$45
  • 150%+200FS for C$300
6
C$1000
for the first 3 deposits
winrate
Win Rate
97.25%
wager
Wager
70x
payout
Payout
1-2 days
  • Min deposit C$10
  • C$400 1st Deposit Bonus
  • C$300 2nd / 3rd Deposit Bonus
7
Up to 5000$ %100
Welcome Bonus
  • Min deposit: $20
8
C$1000 + 125FS
Up to C$300 on 1st deposit
winrate
Win Rate
97.5%
wager
Wager
40x
payout
Payout
2-4 days
  • 100%+25FS 1st Deposit
  • 125%+50FS 2nd Deposit
  • Up to 12% cashback

💰 What is 500 Casino Bonus? 

The objective of every casino is to stand out among competitors. They thus implement the strategy of offering generous bonuses and perks to members. These enticing deals are designed to help clients get the most bang for their buck.

If searching for one of the reliable casino bonuses online, look at the 500 percent bonus. Gambling sites have several perks. For example, some options only provide a 100% casino bonus on deposits, so if you deposited $100, you would have $200 to spend on gaming. This is a highly competitive offer that gives you plenty of extra playing time.

You must be wondering why gaming websites provide 500 welcome bonuses. They do so to tempt new customers. Online platforms offering generous bonuses will draw new users. Each new user who is savvy enough to utilize the reward effectively can benefit from this substantial advantage. New gamers always look for gaming sites with perks. Casinos that do not offer incentives and promotions, particularly to new users, are unlikely to attract new customers.

🎁 How to Claim This Reward?

Check out these steps to claim the welcome bonus:

  1. Choose a website offering a 500 first deposit bonus.
  2. Visit the casino website and sign up. Select the appropriate option to begin the registration procedure.
  3. Complete the registration form, then make a unique username and password.
  4. Accept the terms of the website and complete registration.
  5. Insert your login information to access your new casino. Then go to the payment page to deposit your first amount.
  6. After processing your deposit, the website will credit your casino account with the bonus money.
  7. Now, you need to choose your favorite game and begin betting.

To bet while on the go, sign up on your smartphone or tablet and get your deposit bonus.

🧩 Types of 500% Deposit Offers

You will find the casino 500% deposit bonus in various ways. There are reload offers, no deposit, first deposit, and VIP programs. Here are the most popular choices for these promos.

First Deposit Bonus

Only new players are eligible for the 500% first deposit bonus Canada. You will be qualified for this offer when you make your initial deposit on a casino website.

Welcome Bonus

New users can access the welcome bonus. It frequently comes in a package and is therefore accessible on many deposits. It also includes additional benefits, such as free spins and cashback.

Free Spins

The most frequent reward you will see on the websites is free spins. These come loaded with the welcome pack. In addition, they might be included in promos designed for regular players.

Loyalty Program

Loyal users are qualified to join a VIP program. The faithful members receive discounts customized to their gaming preferences and more hefty perks.

📖 Things to Check When Claiming a 500% Welcome Casino Bonus

There are a few things you need to verify again before claiming the bonus. This will guarantee that you can wager safely and that no complicated specifications disappoint you.

Wagering Requirements

They are at least X40 or more. It is the number of times you must bet before withdrawing any wins.

Some game titles do not count toward the wagering. Table games often have low or no wagering, but slot machines count for 100%. So carefully read the terms and conditions before placing your bets.

Multiple Deposits

Some casinos need successive deposits to cover the 500% match deposit bonus before you get $500. For instance, you’ll get a 300% match on your initial deposit. You will get a 200% casino bonus for your second deposit. Others might provide a single reward of 500% without any other bonuses.

Withdrawal Process

You could withdraw a 500 casino deposit bonus. But, there can be limits at the casino. Technically, you can obtain that amount, but if you attempt, the operator can cancel your bonus, and you only get the wins, making the actual amount much lower. Hence, you must review the payout limitations before spending the money.

🎲 Various Games Offering 500% Bonuses

You can expend your 500% incentive to stake on various games, including live dealer titles, roulette, blackjack, and machines. Your 500 casino bonus may occasionally be restricted to a specific categories. The finest casinos seldom set restrictions since they want you to experience as many of titles as possible. Choose a casino that, ideally, doesn’t restrict the kinds of entertainment it provides. You will benefit from knowing the game titles to which you can apply your bonus.

While it’s relatively easy to find an online casino offer for the games you’d like to play, don’t rush it. Check a demo version and ensure that the slots & casino games are to your liking. Explore the various options, and check conditions like minimum deposit, wagering, and withdrawal limits, as they usually apply.

🏆 Pros and Cons

Deposit rewards are a terrific method to increase your revenue, but there are benefits and drawbacks. Usually, the advantages of claiming such a reward include massive bonuses. The disadvantages, instead, are usually linked to wagering requirements.

Pros
  • You have more money in your hands.
  • You become a VIP member sooner.
  • Can try out new pokies with a casino bonus 500 you would not have otherwise chosen.
  • You may get a 500% no deposit bonus from a brand-new website without depositing.
Cons
  • Wagering requirements can be difficult to meet
  • The payout limit might be too tight
  • The time frame to complete the wagering requirements could be short

⚡ Conclusion

It is worthwhile to claim significant incentives. But, it would be wise to choose deposit bonus deals from reliable websites that value their clients rather than attempting to scam them. This way, you should have a wonderful experience with this kind of promo. A trustworthy and licensed web casino will not have misleading information and will promote responsible online gambling.

The most significant deposit bonus might give you five times your deposit funds. Today, this is the industry’s most enormous incentive being provided. There is no reason to worry if you register on a reliable website. With the bonus, your chances of winning are higher. And if you’re lucky, you win a nice sum.

FAQ

1️⃣ Where can I get bonus codes for 500% Free Bonuses?

Our main website has a list of the most recent codes. Go to the bonus section and select the casino to obtain the bonus code. Bonus codes are becoming increasingly rare, although some operators continue to accept them.

2️⃣ Are all new gamers eligible for a 500% incentive?

If a casino provides a first deposit bonus, only newly registered users take advantage of it. The new player incentive will not be available to regular gamers. Regular ones will be entitled to claim the 500% deposit bonus casino if offered as a reload bonus.

3️⃣ What Advantages Does a 500% Bonus Offer?

Users may get a free bonus amount in exchange for making a deposit. They will have extra funds to play real wagers with a 500% initial deposit bonus. There are no hidden complications in obtaining the incentive; it is relatively straightforward.

4️⃣ Is this bonus on your first deposit worthwhile?

It might be profitable if you use it wisely. However, the bonus’s conditions will impact whether it’s reasonable. If the WR is exceptionally high, it could be costly to use a bonus. Read the TC before accepting the incentive.

Julia Abrams
Julia Abrams
Chief Editor at leafletcasino.com

Julia Abrams is a professional iGaming and gambling expert. She draws on her extensive knowledge to deliver in-depth assessments and ratings of the best casino providers. She has many years of expertise in the field and is well-known for her diversified work style.