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Information about Deposit £10, Get Up to 500 Free Spins

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Some online casinos offer you up to 500 free spins when you deposit just £10. It’s a massive bonus that never fails to attract attention—that’s the whole point.

In the following guide, I will take a closer look at this bonus and discuss the terms and rules that govern it, as well as where/how you can collect it.

Where Can I Find a 500 Free Spin Bonus?

Most Jumpman Gaming Casinos offer some variation of the “deposit £10 and get up to 500 Free Spins” bonus.

The way the bonus is presented is always a little different—from the spin of a Mega Reel/Wheel to the opening of a Loot Chest—but the idea is that you have one chance to win.

The maximum prize is the 500 free spin bundle (always tied to a single slot machine), but there are other prizes, as well. It’s possible to walk away with a much smaller spin total, just as it’s possible to leave with nothing at all.

This is not one of those scammy old-school banners where you scratch off panels and miraculously become the millionth visitor. It’s a genuine game of chance, so there is no guarantee you’ll get the 500 spins.

Of course, when I say “game of chance”, I don’t mean that you’re spinning an evenly-weighted wheel/reel. While I can’t speak for all of these offers, many of them are weighted in a way that means you’re significantly more likely to win one of the lower prizes and only have a small chance of scooping the big one.

Some bonuses include the probabilities for landing each prize in the terms and conditions, but the majority don’t provide this information.

What are the Terms of a Deposit £10, Get 500 Spin Bonus?

A £10 deposit for 500 free spins—it’s a deal that seems too good to be true. But like all online casino bonuses, it’s an offer that’s governed by a series of terms and conditions.

You’ll still get the bonus. You’ll still have a lot of spins to use and a lot of chances to win. It’s a very good offer. But these terms help to balance the books somewhat and make this bonus more manageable for the casino.

After all, the casino doesn’t want everyone to walk away with a sizeable win. At the same time, they don’t need everyone to lose, and if the bonus was structured in that way, there would be few takers. They just need the majority of players to collect and lose their funds for these offers to be viable.

You could be one of the lucky few. You could end up just like everyone else, in which case you can just move on to another offer.

Here’s what you need to know:

The Spin Value and Game Limit

The value of the spins is very important. If the spins are worth £0.05 each, the total bonus will be worth just £25. If they’re worth £0.50, that’s a total value of £250. It makes a huge difference, so it’s always worth checking this term.

You can usually find the spin value in the terms and conditions, but it’s not always that clear. Sometimes, the terms will state something like, “Spin value fixed to the minimum wager”, which means you will be given spins to the value of the minimum bet for a particular slot.

If this is the case, and there are multiple slots to choose from, you can spend some time browsing through them and then stick with the one that offers the highest spin value.

The game requirement is important for other reasons, as well. Most of these bonuses restrict you to playing a single game, and if you don’t like that game, you won’t have much fun playing it. More often than not, the game is a NetEnt classic like Starburst, Gonzo’s Quest, or Fluffy Favourites. Book of Dead from Play’n Go is also a popular choice.

The Wagering Requirement

You don’t get to keep the winnings from those 500 Free Spins, not straight away. First, you need to wager them, and the terms and conditions will tell you how many times they must be wagered.

For example, Jumpman Gaming’s 500 free spin bonuses have wagering requirements of 65x. This means that if you win £100 from those 500 spins, you must wager a total of £6,500 before the funds can be withdrawn.

It’s a lot of money and many of the slots you can play have high volatility. This means that your only hope of making it through the wagering period is to scoop one or two big wins and then cling onto your credits until the end.

The Wagering Terms

Casinos don’t want you meeting the wagering requirements by betting all of your money on a spin of the Roulette wheel or a hand of Blackjack. They also don’t want you using Roulette strategies to game the system and guarantee that withdrawable funds will remain after the terms are met.

To prevent this, they often include terms that restrict table game wagering, prevent you from playing progressive jackpot slots, and limit how much you can bet per game.

Most bet limits are fixed at £5 and the majority of casinos either prevent you from wagering bonus funds on table games or count just 5% to 50% of the funds you wager.

Whether it’s worth wagering on table games is entirely up to you. Even if these games only count for 10%, you could make it work with some tight Blackjack play or a few sessions of video poker.

The £5 betting limit renders strategies like Martingale (whereby you bet on 50/50 outcomes, double when you lose, and revert back to your starting stake when you win) completely redundant, so keep this in mind.

The Maximum Cash Out

Take a look at this term from Jumpman Gaming:

The maximum amount (for accounts that have made a deposit) which can be converted to your Real Money (withdrawable) balance as a result of fulfilling the bonus wagering requirement is equal to lifetime deposits (up to £250).

It’s a term that many players overlook as it’s not immediately clear what it’s actually saying.

It means that you can’t withdraw more winnings than the total of your lifetime deposits. If you’re a new player making a £10 deposit, your lifetime deposits are just £10, so you won’t be able to withdraw more than £10 from those spins. If you win £200 and then clear the wagering requirement, £190 of that can’t be withdrawn.

This term isn’t used by all casinos and all bonuses, but withdrawal limits are common.

The casinos don’t want you turning those 500 spins into £10,000 and then somehow increasing to £50,000 while going through the wagering requirements. Such an outcome would be very rare, but with these terms, it’s impossible, and that’s why they exist.

The Deposit Requirements

As you have probably guessed from the name of the bonus, you need to deposit at least £10 to qualify. But how you deposit is also key.

Many online casinos disqualify players who deposit using web wallets, including PayPal, Neteller, Skrill, and Paysafecard. This term is surprisingly—and frustratingly—common. It’s also rarely mentioned in the main promotional text, so you’ll have to dig through the terms and conditions.

The easiest way to check for this term is to visit the bonus terms and conditions and use CTRL + F to look for words like “PayPal” and “Neteller”.

How to Use These Bonuses

There is no trick to using 500 free spin bonuses. The only thing you can do is check the terms and conditions and make sure you know how it works.

The vast majority of negative online casino reviews relate to bonus misunderstandings and oversights. Players jump straight in without reading the terms, only to be disappointed when they realise they have overlooked something and will lose out as a result.

At this point, they complain to the casino, beg for a solution, and then get angry when they receive nothing but copy-and-paste responses (“as noted in our terms and conditions…”) in reply.

It also helps to stick with high-RTP slots when making your way through the wagering requirements. Playing different volatility levels could help as well, such as playing highly volatile slots when you’re spinning for a long session and low volatility when you only have a small batch.

First, however, you should check that the game you choose is not excluded from the wagering requirements.

Summary: Deposit £10 and Get 500 Free Spins Today

All of the sites on this page offer up to 500 free spins when you make a £10 deposit. Check them out, get your deposit ready, and see how many spins you can collect!

Deposit £10, Get Up to 500 Free Spins FAQ

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