Claim a 500% First Deposit Bonus From Top-Rated Casinos in Canada

A 500% first deposit bonus is easily one of the largest promos you’ll find as a new player. It lets you start off with six times the amount you were planning to put in, which means a much stronger shot at winning money.

Continue reading as we walk you through the best casinos in Canada offering a 500% first deposit bonus. We’ll break down how to sign up, claim the offer, and the key terms to be aware of so you can get the most out of it.

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500 Deposit Bonuses Available for Canadian Players
VERIFIED
225% Up To C$1500 Bonus

Bonus type: Deposit Bonus

Min Deposit: C$30

Wagering: 35x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: С$15

Wagering: 30x on Bonus/40x on FS

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$7

Wagering: 10x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$30

Wagering: 35x on Bonus/40x on FS

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$15

Wagering: 45x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$30

Wagering: 60x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$10

Wagering: 8x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: $20

Wagering: 40x on Bonus/20x on FS

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$30

Wagering: 3.5x / 30x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$15

Wagering: 45x

500 Deposit Bonuses Available for Canadian Players

Bonus type: Deposit Bonus

Min Deposit: C$10

Wagering: 30x

Reasons to Give This Promo a Try

500 deposit bonus

The size of a casino bonus is usually the first thing players notice. Judging by that criterion alone, you shouldn’t think twice about grabbing that 500% deposit bonus if it falls into your hands. However, the fact this offer is so generous shouldn’t be the only reason to claim it.

First off, deposit match bonuses are easy to claim. All you need to do is create an account at your favourite online casino and make a deposit. Once the transaction goes through, the bonus money should appear in your casino account.

Think of a 500 first deposit bonus Canada offers as free money to keep you in the game longer and help you test various casino games without spending considerable cash. You’ll get your hands on new and hot slots, table games, video poker, and even live dealer titles.

One of the most significant benefits of deposit bonuses is that you can win real money if you meet the wagering requirements and comply with all the bonus terms and conditions. That can translate to considerable winnings when you get extra funds from a whopping 500% casino bonus.

Common Types of 500% Deposit Offers

500 deposit bonus online casino

A 500% deposit bonus can show up in a few different ways. Let’s break down the most common setups you’ll come across at Canadian casinos:

First Deposit Bonus

A 500% first deposit bonus Canada is a promotion exclusive to new players. You can only unlock this deal by creating an account and adding money. Sometimes you might need a special promo code to opt-in.

Welcome Bonus

An online casino welcome package also targets new players but often spreads over multiple deposits. It could come in the form of a deposit match bonus (e.g., a 500% casino bonus) and also other perks like free spins on popular slots.

Free Spins

Free spins are the most common addition to a match deposit bonus. You’ll mostly find them in a welcome package, but they can also appear in promotions for regular casino players.

Loyalty Program

Customers loyal to a casino site become eligible to join a rewards program. As a member of one such scheme, you can receive a 500% deposit bonus alongside other deals designed for your gambling habits.

Top Casinos Offering This Type of Bonus

500 deposit online casinos

To help you find a 500% casino deposit bonus, we looked at hundreds of online casinos available in Canada. The ones below ranked highest across our criteria.

Bingo Billy

Established in 2005 by Mangus Solutions Inc, Bingo Billy positions itself distinctively as a Canada-centric online bingo platform. It is highlighted by a 500% first deposit bonus and has a history of accolades, including being voted bingo site of the year multiple times. The platform offers a variety of bingo rooms and some casino games, though it appears to focus more heavily on bingo. The casino provides multiple customer support channels, including 24/7 live chat, email, and phone support.

  • Pros
  • Award-winning history lends credibility
  • The website operates on various devices
  • Customer support with live chat and phone
  • Features 3D slots from Betsoft
  • Generous bonus package for new users
  • Cons
  • Lacks variety in table games and slots
  • No dedicated mobile app
  • Customers must be 21+
500% Bonus Get bonus 19+, | 1st Deposit: 500% FREE BONUS • 2nd Deposit: 525% FREE BONUS • 3rd Deposit: 550% FREE BONUS • 4th and 5th Deposit: 600% FREE BONUS

SpinsBro Casino

SpinsBro Casino, launched in 2022, has a comic strip theme that combines aesthetic appeal with user-friendly navigation. Licensed and regulated by the Curacao Gambling Authority, it assures safety and reliability for Canadian players. SpinsBro distinguishes itself with a massive welcome bonus of 520% on the first deposit. The game selection surpasses 7,000 titles from top-tier providers, including a variety of slots, table games, and live dealer options. The integration of cryptocurrencies for transactions highlights its modern approach to banking, catering to the preferences of a diverse player base.

  • Pros
  • Players can benefit from the VIP program
  • Supports cryptocurrency transactions
  • Over 7,000 games from top-tier developers
  • Rewards gamers with exclusive bonuses
  • The website features a sleek design
  • Cons
  • Lacks no deposit bonus offers
  • Only browser-based mobile gaming
  • Limited information on withdrawal times and fees
520% Up to C$3050 + 1000 Free Spins Get bonus 19+, | The Welcome Bonus Pack includes: 1st Deposit: 115% up to C$620 + 100 Spins on Sugar Rush OR Deposit C$700+ for 200% up to C$3000 + 200 Spins on Sugar Rush. 2nd Deposit: 75% up to C$590 + 75 Spins on Sweet Bonanza. 3rd Deposit: 80% up to C$700 + 50 Spins on The Dog House. 4th Deposit: 100% up to C$440 + 125 Spins on Gates of Olympus. 5th Deposit: 500 Spins on Book of Dead. 6th Deposit: 150% up to C$700 + 150 Spins on Moon Princess 100. Min Deposit: C$30. Wagering: 35x on Bonus/40x on FS. Each Welcome Bonus section contains more detailed information and terms and conditions.

FairSpin Casino

Fairspin Casino distinguishes itself through its use of blockchain technology, providing users with an extra layer of security and anonymity. The casino’s innovative approach includes issuing its proprietary NFT tokens to players based on betting activity, independent of game outcomes. Fairspin supports an extensive range of 27+ cryptocurrencies, ensuring fast and flexible transaction options. The game library is vast and sourced from 96 esteemed providers.

  • Pros
  • Advanced security through blockchain
  • Rewards with proprietary NFT tokens
  • Supports a wide array of cryptocurrencies
  • Extensive game selection from top providers
  • Easy to contact customer service
  • Cons
  • Access may be restricted in some countries
  • Complexity for users not familiar with blockchain
  • Poor responsible gambling section
450% Up To 200,000 USDT + 140 FS Get bonus 19+, | Min Deposit: C$30. Wagering: 60x. The bonus itself does not limit the withdrawals. If a player wants to withdraw funds, he or she can refuse the bonus at any time. The bonus can be wagered by making a certain amount of bets provided by the wager (all bets are considered: both winning and losing) Bonuses are not cumulative and are won back consistently. Bets are possible with real money only. You can use the bonus for the game once the wager is fulfilled. Each bonus has its lifetime. If the player had no time to win back the bonus, it is forfeited. In the event of bonus policy abuses (such as bonus hunting), the player may be excluded from our loyalty program. The maximum limit for withdrawals of a non-deposit bonus or free spins winnings cannot exceed the amount of the bonus applied. The remaining amount will be canceled.

Easy Way to Claim a 500% Bonus

Now that you know where to find the best bonuses for Canadians, it’s time to learn how to claim them. Here are all the necessary steps to grabbing the outstanding 500% first deposit bonus Canada offers:

1 step Choose a Licensed Casino

Begin by selecting a licensed online casino from the top of this page that offers a 500% bonus.

2 step Registration Initiation

Visit your chosen casino’s website and start the sign-up process by clicking the appropriate button (like “Register,” “Join Now,” or “Sign Up”).

3 step Account Creation

Complete the registration form by entering required details and setting up a unique username and password.

4 step Agree to Terms

Accept the casino’s terms and conditions to finalize your account registration.

5 step First Deposit and Bonus Activation

Log into your new account, navigate to the Cashier section to deposit funds, and then receive the 500% deposit bonus credited to your account.

6 step Start Playing

Choose your preferred game and begin your gaming experience.

If you prefer gaming on the go, you can claim a 500% first deposit bonus Canada on your mobile phone or tablet by following the steps above.

Pros and Cons of a 500% Welcome Bonus

  • Pros

  • Starts you off with a large sum, allowing for an extensive initial play period.
  • Lets you sample many different games within the casino.
  • Enables larger, potentially more profitable bets due to the significant bonus amount.
  • Often paired with free spins, giving additional chances to play and potentially win.
  • Cons

  • This deal is typically associated with high wagering demands.
  • The bonus must be utilized within a certain period.
  • It is not easy to find.

Payment Methods Available at 500 Deposit Bonus Casino Sites

Payment methods at 500% deposit bonus casinos cover both traditional and modern options. Here’s a quick look at what you’ll run into and why you might pick one over the other:

Check it firstly

Debit Cards

Debit cards are the most common method for funding online casino accounts. Most adults own at least one payment card, making this a widely accessible option. It’s also a secure method for online transactions. You simply enter your card’s long number, expiry date, and security code. The casino will then encrypt this information to protect your financial details from being exposed.

Check it firstly

PayPal

By linking your PayPal account to your bank account or debit/credit card, PayPal simplifies the process of moving money to and from your casino account. Withdrawals with PayPal are often instant, and deposits can be faster than using a debit card.

Check it firstly

Cryptocurrencies

Cryptocurrencies like Bitcoin provide an anonymous method of funding your online casino account, and many casinos now accept crypto payments. Some casinos also offer additional bonuses for using cryptocurrency for your first deposit.

Check it firstly

Other e-wallets

eWallets such as Skrill and Neteller are also common at online casinos. These options are particularly valued for their ability to provide instant deposits and withdrawals. Like with PayPal, using eWallets means you don’t have to share your financial details with the casino.

Check it firstly

Prepaid Vouchers

Prepaid vouchers are a great option if you’re after a safer way to pay with a bit of built-in control. You’re not handing over any sensitive info, and since you’re limited to the amount you load upfront, it naturally keeps things in check.

Check it firstly

Bank Transfers

Bank transfers can take a little longer to clear, but you’re getting bank-grade security in return. That said, it only makes sense if you’re fine covering the fees that usually come with it.

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Interac

Interac is a Canadian payment method that moves money to and from your casino account without jumping through the usual bank hoops. Processing times are minimal, and fees don’t even come close to what you’d pay with a wire transfer.

Check it firstly

Mobile Payments (Apple Pay + Google Wallet)

Options like Apple Pay and Google Wallet are the easiest way to go if you’re grabbing that 500% deposit bonus from your phone. When the promo allows it, you won’t even need to punch in any payment details. They act as a middle layer and move the money instantly with no fees attached.

Wagering Requirements and the Withdrawal Process

500 bonus deposit online casino

Massive promotions like 500% deposit bonuses come with wagering requirements. This represents the number of times you must play through your deposit, bonus money, or both. You can withdraw your winnings only after clearing the rollover.

Make sure to keep an eye on the other bonus terms too – things like minimum deposit, expiry date, max bet limits, and any restricted payment methods.

If you do everything right, you must pass the final test, the KYC procedure almost every online casino follows. Once the casino confirms your age and identity, you can withdraw your winnings. Still, bear in mind that withdrawal times and limits may differ depending on your chosen payment method.

500% Deposit Bonus Alternatives

The 500% bonus offer is a popular deposit bonus among Canadian players. However, there are other deposit bonuses available that you might consider. Here are some alternative options to the 500% welcome bonus.

400% deposit bonus

400% Deposit Bonus

This welcome bonus gives players up to 400% of their initial deposit. Below is a table that details where to claim this bonus.

Casino Name Promotion Details
Betico Casino Claim 450% up to 9000 USDT + 90 Free Spins on First Three Deposits at Betico
OzWin Casino Make a Use of the Rewarding 400% Welcome Package Worth of Up to C$4,000 & 100 FS
SlotoZen SlotoZen Casino’s Progressive Welcome Package: Up to 2500 CAD + 250 Free Spins
300% deposit bonus

300% Casino Bonus

At casinos offering a 300% welcome bonus, you can receive up to 300% of your deposit without spending a large amount of your own money.

Casino Name Promotion Details
Ritzo Casino 300% Welcome Bonus Package: C$3000 + 300 Free Spins Across First 5 Deposits
THOR Casino 325% Welcome Offer up to C$2000 + 200 Free Spins at Thor Casino
Trino Casino Claim a 300% Welcome Bonus up to C$4500 + 300 Free Spins at Trino Casino
200% deposit bonus

200% Deposit Bonus

Many casinos offer a 200% bonus, providing players with up to 200% of their deposit. This option is quite common in Canada.

Casino Name Promotion Details
Stupid Casino Welcome Package with a 250% Bonus up to C$1000 at Stupid Casino for Your First Three Deposits
Wonaco Casino Welcome Package 250% up to C$3750 in 3 Bonuses + 200 Free Spins
Mr Jack Vegas Casino 200% Welcome Bonus up to C$200 + 40 Free Spins on Cash-a-Cabana at Mr Jack Vegas Casino
Casino X Choose Your First Deposit Bonus up to 200% and C$2,000 Match Up at Casino X
100% deposit bonus

100% Casino Bonus

The most common alternative is the 100% casino bonus, which effectively doubles your deposit amount.

Casino Name Promotion Details
Lemon Casino 100% up to $300 + Up to 100 FS in Big Bass Splash
Katsubet Casino 100% Match Bonus Plus 100 Free Spins on Re Kill
BigBoost Casino 100% Welcome Bonus up to $500 + 500 FS on Book of Dead
31Bet Casino Sign Up Bonus: 150% up to C$1000 on Casino Slots

Find the Best 500% Casino Bonus Deals on Gamblizard

Finding the best 500 match bonus casino among many brands can be daunting, but not all offer this excellent deal. You can speed up your search with the help of Gamblizard, which filters the options and selects only those platforms that are reputable and have valid licenses.

Go to the top of this page to find the leading 500% deposit bonus casino sites for Canadian players along with their latest deals and promo codes. We constantly update our offers on Gamblizard to ensure our readers have a smooth online gambling process.

Written by
Mila Roy
Mila Roy Content Strategist

Mila Roy is a seasoned Content Strategist at Gamblizard Canada with 8+ years of experience in gambling. Mila has specialized in content strategy creating, crafting detailed analytical guides and professional reviews.

Reviewed By
Charlon Muscat
Charlon Muscat Fact Checker

Charlon Muscat is a highly experienced content strategist and fact-checker with over a decade of expertise in iGaming industry. At Gamblizard, Charlon plays a crucial role in ensuring the accuracy, credibility, and quality of all published content, leveraging his deep understanding of both content creation and online gambling regulations.

FAQ

Is the 500% deposit bonus available to all new players?

If a casino site offers a 500% first deposit bonus, all new players who don’t already have an account on that site can claim the promotion. They only need to sign up, fund their account respecting the minimum deposit requirements, and use a promo code if necessary to activate the bonus.

Is a 500% first deposit bonus worth it?

This bonus offer is undoubtedly worth it because it’s easy to grab and brings extra money for playing your favourite games. It will increase your initial deposit amount so much that you’ll probably forget when you made your first deposit.

Does a 500% bonus have any wagering requirements?

Although some casinos offer wager-free bonuses, you’ll often find a specific rollover rule with a 500% deal. Note that every casino has the right to set wagering requirements to differ from one site to another.