7 ACTIVE & Valid $500 (No) Deposit Bonus Codes for 2023

7 ACTIVE & Valid $500 (No) Deposit Bonus Codes for 2023

Play with $500 Valid & Active No Deposit Bonus Codes

The world of online casinos is filled with incredible prizes and lucrative rewards that gamblers can take full advantage of. However, the search for the best $500 no deposit bonus codes could be a daunting one. We’re here to help set you on the right path towards casino rewards, as well as to tell you why some casino bonuses may be better off being avoided.

Let’s take a look and check out the best and our recommended no deposit bonus codes to earn free cash and free spins in the world’s finest online casinos.

1 20 Free Spins No Deposit Claim bonus
2 50 Free Spins No Deposit
50 Free Spins No Deposit
Show bonus code
Claim bonus
3 50 Free Spins No Deposit Claim bonus
4 100 Free Spins No Deposit
100 Free Spins No Deposit
Show bonus code
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5 30 Free Spins No Deposit
30 Free Spins No Deposit
Show bonus code
Claim bonus
6 20 Free Spins No Deposit Starburst
20 Free Spins No Deposit Starburst
Show bonus code
Claim bonus
7 50 Free Spins - No Deposit Claim bonus

Our Top Picks – Best $500 No Deposit Bonus Codes for 2023

Let’s take a look at the top 10 best real money $500 no deposit bonus codes & no deposit bonus offers (and bonuses with which you can earn $500 in free rewards) for 2023. Keep in mind that we’re prioritizing the reliability of the bonus above lucrativeness. We came across bonuses that gave us $500 in free cash, but it was impossible to withdraw them.

The terms and conditions of each offer basically locked the money behind an impossible-go-get-through paywall.

Looking for More Money? Get More than $500 for Free with These Bonuses

We know that claiming any bonus on this list is already quite a tempting activity, but there are many other fantastic rewards that you can claim if what you’re looking for is bonus cash. In fact, if you’re willing to deposit cash in your casino account, you may be better off claiming a massive reward on the first deposit than a high-wagering no deposit bonus.

We’ve collected a list of the best bonuses with which to claim $500 or more in free bonus cash. These offers are given away by legit, world-class online casinos. Pick the one you prefer and get down to business!

1. Wild.io Casino Bonus - 20 No Deposit Free Spins

Bonus code: Not needed!

Register at Wild.io casino and experience the thrill of a world-class crypto casino as you collect the Wild.io 20 free spins no deposit bonus on registration. The casino makes it possible for you to play games for free before claiming its also staggering Wild.io sign-up bonus of up to 10 BTC in value, so take full advantage of the situation and get one of the very best no deposit bonuses that we've ever reviewed - with a rollover of just 40 times the amount of bonus cash generated with the spins.

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Claim 20 free spins at Wild.io casino when you create a new account

You can play all sorts of games with this no deposit bonus, including slots like Book Of Cats, Four Lucky Clover, Four Lucky Diamonds, Wild Cash X9990, Dig Dig Digger, Lucky Lady Moon Megaways, Aztec Magic Megaways, Bobs Coffee Shop, and Road 2 Riches.

Claim Wild.io Bonus

2. 7BitCasino Bonus - 50 EXCLUSIVE Free Spins No Deposit

Bonus code: BITWIZARD

A simple layout and extremely lucrative bonuses combine in one place to offer fans of the crypto iGaming niche incredible rewards that are within their reach on any device of their choosing thanks to the 7BitCasino website.

7bit casino no deposit 50 free spins
Claim 50 free spins without making a deposit at 7Bit Casino

This is one of those sites that we recommend to our readers that love mobile gambling, as it provides users with easy payment methods and extremely quick loading times. Combine such features with the presence of the amazing 7Bit casino promo code and the 7Bit sign up bonus and you’ll be set to have the iGaming adventure of a lifetime.

Claim 7Bit Bonus

3. mBitCasino Bonus - 50 Free Spins No Deposit

Bonus code: Not needed!

The world-renowned mBitCasino, one of the most popular cryptocurrency casinos on the planet, allows newcomers to kickstart their bitcoin gambling journey with the mBit Casino no deposit bonus and up to 5 BTC in free bonus cash with the mBit Casino sign-up bonus. The money and free spins are set to be spent on some of its most popular games, which are provided by companies like Pragmatic Play, Red Tiger Gaming, and NetEnt!

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Start at mBit Casino with 50 free spins without making a deposit

mBit has much more to offer than these lucrative rewards, though. The casino hosts a fantastic loyalty program and platforms in which its players are free to interact with one another, including a global chat and a dedicated Discord channel. It's the ideal website for crypto gambling fans!

Claim mBit Bonus

4. Casino eXtreme Exclusive Bonus: 100 Free Spins

Bonus code: 100WIZARDFS

Only the best casinos give away 100 free spins on registration. The casino Extreme no deposit bonus does this to a player when they open a new account and let the user make a withdrawal request once the wagering requirements are fulfilled - and that's precisely what you'll get at Casino eXtreme.

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Complete this bonus' playthrough requirements while enjoying over 200 online slots!

Try out the site's features aplenty with a world-class bonus that will allow you to try your luck and win real money without having to make a deposit.


5. BitStarz Bonus - 30 No Deposit Free Spins

Bonus code: WIZARD30

Highly regarded among crypto gamblers around the world, BitStarz offers access to players from dozens of countries and allows fans of classic games and new titles – are within your reach as you play in the fantastic BitStarz Casino.

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Claim your BitStarz 30 free spins today with code WIZARD30

Check out the site’s first deposit bonus and register now to claim no deposit Bitstarz free spins and the BitStarz Casino sign up bonus, which, combined, will help you boost your account balance through the stratosphere and beyond.

Claim BitStarz Bonus

6. Mirax Casino Bonus - 20 Free Spins for Starburst

Bonus code: WIZARDMIX

Mirax Casino is the place where thousands of casino games meet incredible bonuses with fair terms and conditions, providing users with a complete gambling platform where crypto-gambling fans will find the industry's best games. The site hosts a collection of over 4,000 casino games created by 80+ providers, making it one of the biggest casinos offering world-class bonuses.

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Get 20 free spins for Starburst at Mirax Casino

Get 20 free spins no deposit for Starburst by simply entering the bonus code WIZARDMIX when creating an account at the Mirax Casino and earn free cash in this highly-rated and safe crypto casino - and don't miss out on the Mirax Casino Sign-up bonus worth up to $1,500 and 150 free spins to get even more cash from the get-go.

Claim Mirax Bonus

$500 No Deposit Bonus Codes – What You Need to Know

We know that $500 no deposit bonus codes are extremely tempting to claim. Even so, if you’re not claiming a $500 free no deposit bonus, there are some things that you should know about these rewards and bonuses in general.

We’re going to give you some pieces of information that could prove to be crucial in your quest to claim the best casino rewards. Keep them in mind and avoid unnecessary losses or unwanted stress when looking for casino bonuses in the iGaming world!

Look for Any Caveats

These casino bonuses are very likely to have unwanted caveats that make the rewards difficult to claim in some form. We recommend you check out these rewards to make sure whether it’s worth claiming them or not. Here are our recommended tips to keep in mind:

  • Check out bonus timeframes. Some casinos give you a lot of free cash and not enough time to spend it to fulfill their requirements. That's why it's important to claim no deposit bonuses at legit instant play casinos;
  • Although not a caveat per se, we recommend avoiding playing in online casinos without confirmed payouts, as well as avoiding their deposit bonus offers. If the casino has never paid out the bonus, nothing guarantees that you’ll receive your money.

icon Expert Tip
Try to check if the casino asks you to make a deposit before cashing out. Sometimes, casinos give you free cash but demand you make a deposit afterwards, otherwise the rewards won’t be claimed.

Read the Wagering Requirements

High wagering requirements are the easiest way for an online casino to lock a set of rewards in the player’s account. Some online casinos give you a lot of money but make it almost impossible to claim as they hide it behind really high wagering requirements. Want to know how to fulfill bonus wagering requirements quickly? We recommend you check out the games in which you can spend the bonus, as well as the wagering requirements, to see if the RTP of these games makes it worthwhile for you to play with the money on the casino.

Check the Casino Legitimacy – or Pick a Casino that We’ve Reviewed

Illegitimate casinos are sure not to give you any money – even if they seem like they would with a high registration offer. These casinos will use all available techniques at their disposal to make sure that you never see a dime of your bonus money, making it unable for you to ever withdraw it.

Check out the casino licenses and the site’s reputation before you begin your no deposit bonus quest. This is the best way to avoid any unwanted issues at the casino.

Not to worry, though; all of the casinos that you’ll find on this page, including all bonuses that we’ve recommended, have been reviewed by The Casino Wizard.


As we mentioned above, bonus timeframes are some of the most important features of a no deposit bonus. You can find some bonuses with x30 wagering requirements but just a day for you to comply with it, which is basically impossible.

Make sure that the wagering requirements are just as sane as the timeframes. Picture yourself playing in the casino for the entire length of the bonus timeframe before claiming the bonus.

Avoid claiming casino rewards with insane wagering rules or impossible timeframes. 

Marco Ibarra - Chief Content Writer at The Casino Wizard

Game Availability

Not every casino game can be played with a no deposit bonus. In fact, those bonuses that let you play lucrative games are rather limited. It’s better for players to avoid online casino slots with low RTP rates if the casino makes it possible.

It’s also wise to keep in mind that most casinos offer different stake weights for their games. Slots are usually encouraged to be played, as they often have stake weights of 100%, while other games tend to have stake weights of 10% or less.

Try picking casino $500 no deposit bonus codes that let you play the best online slots based on RTP for free.

Bonus Limitations & Max Cashouts

There are other factors that could get in the way of you claiming no deposit bonus money. Some of these factors that you should keep in mind are as follows:

  • See how much money you can make with the bonus.  Some bonuses may be worth a lot of money on paper but, in reality, they won’t let you make more than $100 in prizes
  • Determine whether the bonus is sticky or non-sticky. If a bonus is sticky, the $500 won’t be able to be claimed and you’ll only be able to claim
  • Check for any other bonus limitation by reading the full bonus T&C, or read out bonus reviews to save you the trouble
  • Check whether the bonus money is a sticky bonus or a non-sticky casino bonus

$500 No Deposit Bonus Codes That We DO NOT Recommend

Sometimes it's better to claim smaller no deposit bonuses and play slot games with rewards that you can turn into real cash, such as the bonuses listed in the first section of this article. Some bonuses are better off being avoided due to their bonus terms and the fact that they aren't offered by legit casinos, or because they cannot be spent on a legit slot machine.

These are some larger bonuses that we do not recommend you claim, offered by casinos with illegitimate sites or simply with offers that leave a lot to be desired. We also recommend you not claim any casino welcome bonus, and all no deposit bonuses, offered here:

El Royale $500 No Deposit Bonus

El Royale is not too bad of a casino to visit if you're keen to play with your own money, but any bonus amount that states to be as large as $100 or more is just not worth it to be claimed here. Its bonus terms are a huge no, in our experience and make these bonus credits worthless.

Slots of Vegas $500 No Deposit Bonus

There are many excluded games from this site's game gallery, mainly due to a lack of quality providers. Avoid claiming rewards here even if you're willing to make a qualifying deposit, as players will struggle to find good slots or even good games for those who love playing blackjack.

Royal Ace $500 No Deposit Bonus

Royal Ace is a site to avoid if you're keen to play in licensed casinos. Stick to the offers mentioned in this article and claim free chips after completing the registration process at reliable casinos that let you collect large maximum bonus sums.

Palace of Chance $500 No Deposit Bonus

Palace of Chance is very limited online casino with no $300 no deposit bonus code, a lackluster interface, and a very evident lack of free spins to claim. It's not a site to visit if you're looking to play in legit USA online casinos, either, as it lacks fair bonus terms, quality slot machines, and even deposit slots to play with your cash or bonus credits.

Wild Vegas $500 No Deposit Bonus

Avoid the Wild Vegas Casino at all costs, but especially avoid any bonus code that claims to grant you $500 in bonus credits at this casino. Its 300 no deposit bonus isn't worth it, and neither is this one.

Types of 500 No Deposit Bonus Codes

The world of casino bonuses is as vast as the blue ocean, so it would only make sense for players to be more aware of what to expect before they dive straight into the action. In fact, when claiming $500 no deposit bonuses, you’ll also come across other rewards that promise another type of benefit for the player.

Let’s take a look at the most common types of casino rewards that you’ll find when claiming $500 no deposit bonuses, or looking for them in the world’s best online casinos.

Up to 500 Free Spins No Deposit

You don’t always need to claim free cash in order to obtain rewards in an online casino. In fact, there are many ways for you to earn bonus money that doesn’t necessarily translate into claiming free cash no deposit bonuses.

You can get up to 500 free spins in free cash and get bonus winnings, for example. These rewards allow you to spend free spins in online slots to play the best casino games for free. Use the bonus cash generated with these bonuses to play other casino games – but don’t forget to fulfill its wagering requirements first!

Up to $500 Free Money No Deposit

These are the standard no deposit bonuses that you came here looking for. These rewards come packed with free cash that the players can get free no deposit bonus money on registration in any online casino that they choose to visit.

Not all of these bonuses guarantee players the chance to claim $500 in free cash, but there are many of these bonuses that you can claim and collect bonus cash with which to play and turn the profits into the amount of cash that you want (and that luck lets you, of course). These are some of the best casino rewards to claim.

Are $500 No Deposit Bonus Codes Legit?

As we’ve mentioned before, not all casino bonus codes with $500 no deposit are legit. You will have to be very careful as to which bonus you claim if you don’t want to miss out on rewards, or get scammed into wasting your time.

The best $500 no deposit bonuses are actually no deposit bonus codes that give you less money at first glance but let you keep the winnings made with the cash or free spins. Never trust a $500 no deposit bonus without looking deeper into its bonus rules and requirements.

$500 No Deposit Bonus Codes in This Page – Are They Active?

All of the bonuses that we have listed on this page come with active bonus codes. You can simply click on the bonus that you want to claim and you’ll be sent to the website where the bonus is being offered – no matter its value. You can also claim the bonuses on your phone, as they work as no deposit bonus codes for mobile.

Every $500 no deposit bonus is packed with amazing prizes. You can choose whichever bonus better suits your needs and you’ll be good to go - and you can learn how to win at an online casino with $20 if you want to give yourself even better odds!

How to Claim $500 Free No Deposit in Any Online Casino

The most difficult part of a $500 no deposit free money bonus is to find it, but casinos often make it easy for players to obtain the rewards that they want. Just follow these steps and the cash will be yours in the blink of an eye:

  1. Create an account in the casino where you wish to claim the prize
  2. Be sure to see if there’s a bonus code option when registering
  3. If not, continue with the process
  4. Verify your account
  5. Head to the casino cashier
  6. Select the option to enter the bonus code
  7. Get your reward

If you don’t see the option to claim the bonus code in the casino cashier, you can also try your account’s profile. Try contacting customer support if you can’t find it.

Free $500 Casino Bonus with Deposit Versus $500 No Deposit Bonus Codes – Main Takeaways

You will come across casino promotions that require a deposit, but you’ll also find many bonuses that don’t. As good as no deposit bonuses are, they have their own cons that could make you think that they outweigh the pros. We’re going to take a look at the benefits and disadvantages of both of these offers so you can get a good idea of what to do with your time and money when gambling online.

Benefits of Deposit Bonus Codes

Deposit bonuses need you to make a deposit before they become active in your casino account, but there are some reasons why they may be what you’re looking for. These are:

  • Deposit bonuses come with much more lenient wagering requirements. Since you’re already committing money to the casino, they’re far more likely to make it so gamblers cash out their money much easier
  • These bonuses are more likely to provide you with $500 free bonus cash, just like it happens with the mBitCasino sign-up bonus
  • You will also be able to claim many more free spins using deposit bonuses. No deposit bonuses offer players a much more limited selection of rewards
  • The timeframes of deposit bonus codes are far more lenient than those of no deposit bonuses. The player will have the chance to spend more time playing online and complying with their wagering requirements

Benefits of No Deposit Bonus Codes

No deposit bonus codes require you to commit nil of your cash to get started. They do come with disadvantages that may want you to consider depositing some cash yourself. These are:

  • No deposit bonuses, even though restrictive, give the player a free bonus reward and make them fear nothing in return. Since they aren’t committing any money, they have nothing to lose
  • Players will be able to spend the money that the casino gives them in order to play games
  • Gamblers can make real money in return for free cash. All they have to do is comply with the rules and requirements of one of these bonuses and the cash will be theirs for the taking

Why Claim $500 Free No Deposit

There are some reasons why players should keep their eyes peeled for any amazing no deposit reward. Free money may sound too good to be true, but it can be if you know where to look for it!

  • Free money bonuses give you the chance to spend bonus cash in parts of the casino without risking any of your own
  • You will be able to make some extra money without taking risks
  • Trying out new games with bonus codes is an ideal way to see which are the most profitable in the casino without having to play the unexciting trial mode!
  • If you find a $500 no deposit bonus with low wagering requirements, then you should not hesitate to claim it. However, the bonuses that we’ve presented to you in this list are the next best thing

Don't Miss Out: $500 No Deposit Bonus Codes 2022

If you're looking for the best $500 no deposit bonus codes 2022 had to offer, then you're in luck: the bonuses that we've added to this list were also part of our top picks for the best 2022 $500 no deposit bonus code to claim. Check our these rewards and be sure to start your casino adventure with as much free cash as possible.

Get Other Amazing No Deposit Bonus Codes

Every online gambling aficionado is on a constant search to try to find the world's best casino bonus codes. Now that you've come across the curated content created by The Casino Wizard, you can put your searching days behind. We have a few guides to help you find all about the best (no) no deposit bonus codes:

Get Your No Deposit Now and Win in the Best Online Casinos!

You’re now acquainted with everything that needs to be known in order to enjoy an amazing set of casino bonuses. If you’re looking to claim the best no deposit rewards on the internet, then you’ve come to the right place. It’s now time that you go and choose which promotion you’d like to start with.

We’ve come across multiple online casinos that offer insanely higher rewards, but we’ll be honest with you: it’s almost impossible that you make any money from them. We have filtered out all of the promotions that aren’t worth your time.

Choose the bonus that you like the most and get straight into the world of online casino gameplay!

Last updated  September 9, 2023
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About the author



Chief Content Writer


Chief Content Writer

Marco holds the title as Chief Content Writer and has a Mass Communications Major with a Specialization in Digital Marketing. He's an experienced casino writer with more than half a decade of gambling-related work on his back. He took a keen interest in gambling as a young adult and started writing expert content for the casino and sports betting niche in 2015. Now, he specializes in online slots, table games, and sports betting – producing well-researched content on all fronts of the iGaming world. He's also a regular contributor to Quora, where you can ask him anything related to online gambling and he’ll happily answer!

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