After reviewing hundreds of online casinos that offer a wide range of first deposit bonuses, we would like to take this time to explain these first deposit bonuses by value and the pros and cons of each.
Why is a 500% First Deposit Bonus?
A 500% bonus means that if players were to deposit $100, they would play with $600. But this isn't always the case. Players should always look for the lowest wagering percentage at online casinos.
Terms and Conditions
Players should always check the terms and conditions for a first deposit bonus. The wagering requirements for obtaining rewards can be very high. For example, if you were to deposit $100 with a 25xs wagering requirement, you’ll need to wager $2,500 before you can withdraw any bonus winnings. Wagering requirements can range anywhere from 0xs to 99xs, so checking them under terms and conditions is essential.
What Other Ways Do Online Casinos Offer a 500% Bonus?
Generally, a 500% can be up to a particular sum. Players can also receive a 500 first deposit in free spins on a specific game or given by one particular provider. Players should always look for a percentage or free spins as a first deposit bonus.
