The Best Casinos With $500 No Deposit Bonus Codes

Have you been searching for that elusive $500 no deposit bonus offer? You are at the right place then, because we have for you a list of the top US casinos offering this massive bonus offer. This offer is extremely hard to come by; however, we have put together for you a list of not just the $500 no deposit bonus but also that other equally big offer – the 500 no deposit free spins bonus.

We have built up a reputation over the years for listing the best no deposit bonus offers thanks to our team of experts. Our expertise ensures a detailed review that covers every aspect of online casino gambling, starting with the no deposit bonus. Only the best casinos make it to our list.

Top-Rated Online Casinos with Valid $500 No Deposit Bonus Codes In May 2022

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Funclub Casino
Players from US allowedNewFunclub Casino$300 No Deposit Bonus
Minimum deposit: Free Wager: 50xAllocation: CodeBonus Code: JOIN300
SilverEdge Casino
Players from US allowedNewSilverEdge Casino$300 No Deposit Bonus
Minimum deposit: Free Wager: 50xAllocation: CodeBonus Code: 300FREE
Hallmark Casino
Players from US allowedExclusiveNewHallmark Casino$110 No Deposit Bonus
Minimum deposit: Free Wager: 20xAllocation: CodeBonus Code: STAYFROSTY110
Palace of Chance Casino
Players from US allowedExclusivePalace of Chance Casino$60 No Deposit Bonus
Minimum deposit: Free Wager: 30xAllocation: CodeBonus Code: T344J
Comic Play Casino
Players from US allowedExclusiveNewComic Play Casino$50 No Deposit Bonus
Minimum deposit: Free Wager: 53xAllocation: CodeBonus Code: SUPERCHIP
Shazam Casino
Players from US allowedExclusiveNewShazam Casino$40 No Deposit Bonus
Minimum deposit: Free Wager: 50xAllocation: CodeBonus Code: WIZSHOES40
Old Havana Casino
Players from US allowedExclusiveNewOld Havana Casino$36 No Deposit Bonus
Minimum deposit: Free Wager: 70xAllocation: CodeBonus Code: FPC36
SlotsPlus Casino
Players from US allowedExclusiveSlotsPlus Casino$35 No Deposit Bonus
Minimum deposit: Free Wager: 70xAllocation: CodeBonus Code: MCL35
Win A Day Casino
Players from US allowedExclusiveWin A Day Casino$33 No Deposit Bonus
Minimum deposit: Free Wager: 20xAllocation: CodeBonus Code: FREE33KINGS
Slotland Casino
Players from US allowedExclusiveSlotland Casino$33 No Deposit Bonus
Minimum deposit: Free Wager: 20xAllocation: CodeBonus Code: FREE33KINGS
Platinum Reels Casino
Players from US allowedExclusivePlatinum Reels Casino$25 No Deposit Bonus
Minimum deposit: Free Wager: 35xAllocation: CodeBonus Code: 25FREE
Grand Eagle Casino
Players from US allowedExclusiveNewGrand Eagle Casino$24 No Deposit Bonus
Minimum deposit: Free Wager: 60xAllocation: CodeBonus Code: 24FBONUS
Treasure Mile Casino
Players from US allowedExclusiveNewTreasure Mile Casino$24 No Deposit Bonus
Minimum deposit: Free Wager: 60xAllocation: CodeBonus Code: 24FBONUS
Mandarin Palace Casino
Players from US allowedExclusiveMandarin Palace Casino$24 No Deposit Bonus
Minimum deposit: Free Wager: 40xAllocation: CodeBonus Code: 24FBONUS
Sun Palace Casino
Players from US allowedExclusiveNewSun Palace Casino$22 No Deposit Bonus
Minimum deposit: Free Wager: 70xAllocation: CodeBonus Code: FPC22
Desert Nights Casino
Players from US allowedDesert Nights Casino$20 No Deposit Bonus
Minimum deposit: Free Wager: 60xAllocation: AutoBonus Code: Not Required
Exclusive Casino
Players from US allowedExclusive Casino$20 No Deposit Bonus
Minimum deposit: Free Wager: 50xAllocation: CodeBonus Code: WINWIN20
Diamond Reels Casino
Players from US allowedExclusiveDiamond Reels Casino$20 No Deposit Bonus
Minimum deposit: Free Wager: 40xAllocation: CodeBonus Code: 20FREE
Mega7’s Casino
Players from US allowedExclusiveMega7’s Casino$20 No Deposit Bonus
Minimum deposit: Free Wager: 45xAllocation: CodeBonus Code: MEGA-20
Las Vegas USA Casino
Players from US allowedExclusiveLas Vegas USA Casino$20 No Deposit Bonus
Minimum deposit: Free Wager: 70xAllocation: CodeBonus Code: VLX20
Vegas2Web Casino
Players from US allowedExclusiveVegas2Web Casino$15 No Deposit Bonus
Minimum deposit: Free Wager: 45xAllocation: cashierBonus Code: Not Required
Miami Club Casino
Players from US allowedExclusiveMiami Club Casino$15 No Deposit Bonus
Minimum deposit: Free Wager: 60xAllocation: CodeBonus Code: NDK15FREE
Slots Empire Casino
Players from US allowedExclusiveSlots Empire Casino$15 No Deposit Bonus
Minimum deposit: Free Wager: 50xAllocation: CodeBonus Code: 15GRATIS
PlayCroco Casino
Players from US allowedExclusiveNewPlayCroco Casino$15 No Deposit Bonus
Minimum deposit: Free Wager: 60xAllocation: CodeBonus Code: CROCO15CHIP
Lincoln Casino
Players from US allowedExclusiveNewLincoln Casino$10 No Deposit Bonus
Minimum deposit: Free Wager: 40xAllocation: CodeBonus Code: WILDTOP
Vegas Crest Casino
Players from US allowedExclusiveNewVegas Crest Casino$10 No Deposit Bonus
Minimum deposit: Free Wager: 99xAllocation: AutoBonus Code: Not Required
Slots Capital Casino
Players from US allowedSlots Capital Casino$10 No Deposit Bonus
Minimum deposit: Free Wager: 60xAllocation: CodeBonus Code: AUTO

Types of 500 Free Online Casino Bonuses

Casinos offer two types of 500 free online no deposit casino bonuses:

  1. $500 no deposit bonus
  2. 500 no deposit free spins

They are both generous offers that come with their own dynamic. We will discuss each of them briefly next.

$500 No Deposit Bonus

The $500 no deposit bonus is a special bonus that rewards you with a significant amount of money for free as incentive for signing up – $500, to be precise. You get the bonus even before you deposit funds into your account! You can use this bonus to play a variety of games at the casino.

This is how it works: you sign up with the casino and opt in to receive the bonuses that it offers. If you have a bonus code, enter it in the field provided. Once you register with the casino the bonus reaches your account. Some casinos require you to provide the bonus code to the customer support team once you sign up so they can activate the bonus for you.

The bonus offers a number of advantages. You get access to a significant amount of money for ‘free’ – this bonus is free at the time of receipt; you end up making a deposit only later, when it comes to claiming winnings. You can use it to familiarize yourself with the casino’s environment and its games.

There are a few negatives as well. For starters, you will need to fulfill the wagering requirements to redeem winnings from it. And you can withdraw just a portion of your winnings, unlike for a deposit bonus where you redeem whatever you win.

Before making a withdrawal request you will need to deposit a minimum amount into your account. And then there is the issue of bet size – the casino places a limit on the maximum bet you can place while wagering requirements are on, unlike in a deposit bonus where you choose your bet size.

Claim Your Bonus at Yabby Casino
Read our Yabby Casino review
Players from US allowedExclusiveNewYabby Casino€100 No Deposit Bonus
Minimum deposit: Free Wager: 45xAllocation: CodeBonus Code: GRAND100

500 No Deposit Free Spins

This bonus offers you a whopping 500 free spins when you sign up with the casino for real money play. You sign up and the free spins are yours to use, as simple as that! You don’t even have to make a deposit to receive these spins. Most of the time, these spins are available on a specific set of slots.

The free spins may be available in your account automatically once you sign up, or you may need to provide a bonus code to claim them, depending on the casino you are at.

The advantages that this bonus offers are many – you get to play the games that the bonus covers for free, giving you the chance to get used to them. You also get to keep at least a portion of your winnings too!

On the downside, the game range is limited to just slots, unlike in the case of the no deposit bonus, which covers more games. There are wagering requirements to fulfill too; you cannot cash out until you complete them.

There’s a limit on the amount you can cash out from your total wins. This is unlike in the case of a deposit free spins offer, where you keep what you win. Also, this bonus allows you to play only the slots that the casino picks for you; you cannot go and play your favorite slots.

How to Claim A $500 No Deposit Bonus in the USA

Claiming a $500 no deposit bonus in the USA is easy. Here are the steps to do so.

  1. Click the Sign Up or Register button to initiate the process to open an account.
  2. On the form that pops up, set a username for your new casino account.
  3. Set a password.
  4. Provide your e-mail id.
  5. Provide your personal details, including:
    • Name
    • Date of birth
    • Gender
    • Address
  6. Select your currency.
  7. Enter your registered mobile number in the given field.
  8. Tick the boxes provided to indicate that you:
    • Accept bonuses and bonus info from the casino.
    • Read and accept the casino’s terms and conditions and privacy policy.
  9. Click the Sign Up or Register button at the bottom of the form to complete the process.

The casino sends you an e-mail with a link; click the link to verify and activate your account. Once that is completed, the $500 no deposit bonus is yours to use.

The sequence of steps listed above may vary, depending on the casino you are at.

Ensure that you enter the correct address details while signing up. The casino has to verify your information before you can request a withdrawal. To that end, you will need to provide it with official documents that include a passport or driver’s license as proof of identity and a utility bill as proof of your residence. The details you provide must match the details in these documents.

Claim A $500 Casino Welcome Bonus or 500 Free Spins!

The $500 no deposit bonus is an awesome offer, but it is highly unlikely that you will find it anytime soon. Casinos usually don’t the risk of offering such a big bonus when the only tangible return for them is the nominal deposit you make before requesting a withdrawal.

But there are loads of similar or even higher bonuses that you will find once you fund your account. Many casinos offer massive welcome offers of $500 and way more, and some include an additional 500 free spins too!

These bonuses are great options because of the benefits they offer:

  • The wagering requirements are usually modest, and now you have some offering zero-wagering bonuses too!
  • Once you run through the wagering requirements you keep whatever you won; the casino doesn’t hold anything back.
  • The game restrictions are fewer too, compared to a no deposit bonus.

Here are some of the biggest $500 or 500 free spins deposit bonuses for you!

Bonus Terms For $500 No Deposit Bonus Codes

All online casino bonuses have terms and conditions governing their use, and this is true of the $500 no deposit bonus too. Casinos incorporate the terms and conditions to ensure they don’t incur losses because of these bonus offers.

As a player, it is important to know about the various terms governing a no deposit bonus to ensure that you use it well. Failure to fulfill the terms for a bonus could result in you losing out on your winnings, or in extreme cases, cancellation of the bonus itself.

The following are the important conditions associated with a $500 no deposit bonus.

  • Wagering Requirements
  • Game Weighting Percentages
  • Win Caps
  • Bet Limits
  • Excluded Games
  • Expiry Dates

Wagering Requirements

The wagering requirement is an important condition associated with the use of a $500 no deposit bonus. You have to wager the bonus amount a specified number of times to be able to claim winnings from it.

Casinos usually express it as a multiplier value. For instance, a casino offers a $500 no deposit bonus with a 75x wagering requirement.

The following example will help us understand this better.

A casino offers a $500 no deposit bonus with a 60x wagering requirement. You win a total of $400 with this bonus. You will need to fulfill the 60x wagering requirement before you can request a withdrawal of your winnings, i.e. you will need to wager a total of $30,000 before you can file a request to withdraw your winnings of $400.

How do the wagering requirements work for other 500 free bonuses? Let us take a look at that next.

Example

BitStarz casino offers a welcome bonus of up to $500 or 5 BTC and 180 free spins on your first 4 deposits on a minimum deposit of $20. Here is how it works.

  • Deposit #1: 100% up to $100 or 1 BTC and 180 free spins. You receive the first 20 free spins instantly on deposit, and the remaining 160 over the next 8 days, at the rate of 20 a day.  
  • Deposit #2: 50% up to $100 or 1 BTC.
  • Deposit #3: 50% up to $200 or 2 BTC.
  • Deposit #4: 100% up to $100 or 1 BTC.

The following are the wagering requirements for this bonus:

  • Match deposits: 40x the bonus amount
  • Free spins: 40x the bonus winnings

Next, let us see how this works as a free spins bonus.

Read our Yabby Casino review
Players from US allowedExclusiveNewYabby Casino150 Free Spins on Hyper Wins
Minimum deposit: Free Wager: 45xAllocation: CodeBonus Code: PERPETUAL150

Example

Sign up for real money play with Casumo casino and receive up to $1800 and 200 free spins! Here is how it works.

Open an account and pocket a no deposit bonus of 15 free spins plus another 200 free spins on your first deposit!

  • 1st Deposit Match Bonus of 100% up to $1000 plus 200 Welcome Spins on 9 Masks of Fire.
  • 2nd Deposit Match Bonus of 100% up to $400.
  • 3rd Deposit Match Bonus of 100% up to $400.

This bonus has a standard wagering requirement of 25x for both the deposit and free spins components and you must complete it within 21 days. The minimum qualifying deposit to claim the welcome bonus is $10.

Read our Casumo Casino review
Players from US not allowedExclusiveNewCasumo Casino20 Free Spins on Book of Dead
Minimum deposit: Free Wager: 30xAllocation: AutoBonus Code: Not Required

Game Weighting Percentages

We just saw what the wagering requirement is and how it works. Different games contribute differently to wagering requirements; this is called the wagering weight and it is expressed as a percentage value. For instance, slots contribute 100% towards wagering requirements usually.

The wagering weight has a direct correlation with the game RTP – a game with a high RTP will have a low wagering requirement compared to one with a lower RTP. For instance, blackjack has a high RTP of up to 99%, and a correspondingly low wagering weight of anywhere from 0% to 5% depending on the game.

The above is important to know, because a game with a 0% wagering weight will not contribute towards wagering requirements and is therefore a game to stay away from when you are looking to complete wagering requirements!

That is why casinos advise you not to play games with low wagering weights/high RTPs.

Win Caps

Casinos usually put a cap on the maximum you can withdraw out of your total winnings from a $500 no deposit bonus. Any money that remains in your account – beyond the maximum cap amount – is rendered unusable and the casino removes it.

Take for instance a $500 no deposit reward with a win cap of $300. You use this bonus and win $700 with it. The maximum cashout limit/win cap clause ensures you will be able to withdraw only $300; the remaining $400 is of no use to you.

The maximum cashout limit/win cap varies depending on your bonus and also the casino you are playing at.

Bet Limits

Casinos introduce a limit to the maximum single bet you can place while playing with any no deposit bonus, including the $500 no deposit offer. This is because a big bet is the best way for you to try and rack up a big-size win and also tide over the wagering requirements quickly.

A big win means the casino will need to pay out; and that is something no casino wants to take on, especially when the wagering requirements are in play; hence the maximum bet limit. The standard bet limit for no deposit bonuses at most casinos is $5; it can go up to $10 or even higher in some cases.

Excluded Games

Casinos offering the $500 no deposit bonus restrict the number of games you can play with it. There is a list of excluded/restricted games; do not play these games to complete your wagering requirements.

The reason for not playing these games is simple: they are usually games with high RTP and volatility and contribute minimally – or not at all – towards completion of your wagering requirements. A high RTP game means more chances for you to score wins.

So when you are completing your wagering requirements stay away from these games and instead play the big collection of games that do contribute towards it!

Expiry Dates

All no deposit bonuses, including the $500 no deposit bonus, have an expiry date. You must use it up before that date else it will not give you any returns or rewards.

The expiry date clause is applicable to wagering requirements as well; you need to complete them before that date or time period to be able to cash out your winnings from the bonus.

A good example for this is the welcome package at JustSpin casino – you must complete your wagering requirements within 21 days of claiming the bonus!

How We Rate USA Casinos With Free $500 No Deposit Bonus Codes

We list for you the top casinos offering the $500 no deposit bonus. We have in place a system that helps us rate the casinos that we test; it allows us to pick out only the best of the lot so you can have a secure as well as rewarding experience irrespective of which casino on our list you sign up with!

There are a number of parameters we check for, starting with the licensing. For a casino to be listed on our site it must have a license from one of the top licensing authorities.

Here are the other parameters we check the various casinos for.

  • Casino reputation: The reputation of a casino is a direct reflection of key factors like reliability and integrity and therefore very important to know. We check the reputation of each casino thoroughly. For accurate feedback we visit player chat rooms and forums; they tell you the situation on the ground and give you an idea of the things that could go wrong. We feature only casinos from operators of impeccable pedigree.

  • User interface: The user interface is important because it gives you the first impression about the casino – does it load quickly? Does it look exciting? Does it perform equally well on both desktop and mobile devices? The casinos on our list score a ‘YES’ for all these factors!

  • Bonuses and bonus terms: Bonuses are among the most critical components of a casino experience, because they are incentives to get you on board. But they all come with conditions attached, and it is important to understand these conditions BEFORE using the bonus. One of the key components of our rating process is to test the bonuses and also decode the terms for each of them and present them to you in simple language.

  • Game library: Online casino gambling is about the games available. We check the game portfolio of every casino that we visit for the quality of offerings and also, equally important, the size of the game portfolio. That is why you find the best multivendor casinos on our site.

  • Payment flexibility: Payments form a critical component of the online casino experience. Deposits have always been speedy but the disappointment for many has been the withdrawal process. We test each casino for efficiency of the withdrawal process and also processing speed.

FAQs

This is a special no deposit bonus that gives you $500 in free bonus credits. Use these credits to play at the casino and keep a portion of your winnings. The bonus has terms and conditions governing its use.

You don’t come across this bonus easily. There are normally deposit bonuses for that amount. A good place to search for this awesome bonus is right here, on our site! We list the best of these offers for you.

Of course you can win real money with this bonus! Use the bonus and then complete the terms and conditions attached to it to withdraw your winnings. You won’t be able to withdraw all of it, though.

No it isn’t difficult! Just take the bonus amount and multiply it by the wagering requirement. For a $500 bonus with a 50x wagering requirement, you must wager $25,000, i.e. $500 X 50 to withdraw winnings!

The cap on withdrawal of winnings that casinos place is to ensure it doesn’t end up paying huge amounts as wins regularly for a bonus for which the player literally pays nothing except the minimal qualifying deposit.