500 Casino Review
If you are looking for a completely innovative crypto casino and experience, then 500 Casino is definitely a place to consider. On the homepage you will immediately notice how new and fresh it looks. The casino is actually one with a lot of experience, as it began as a CS:GO betting website. You will find the rare Sportsbook section that one does not see at every casino destination. There also is a great VIP system. However, we will also explore the foundation - payment. Because even if a crypto casino offers the best features, if it doesn't cover the standards of the industry, it is as good as a sub-par crypto casino.
Accepted Currencies & Payment Methods
What stands out about 500 Casino is the available crypto options and fiat payment methods. First of all, it already is a great addition that they accept both type of currencies. However, what is even more interesting is the number of available fiat payment options - more than 50. We will only mention the most popular ones.
The currently supported cryptocurrencies are BTC, ETH, LTC, EOS, BCH, XRP, and XLM. These are very interesting options, as most are alt coins that are currently gaining popularity. In order to deposit and withdraw any of these tokens, you will need a crypto wallet. Nowadays, most major exchange platforms have integrated crypto wallets, meaning you won't need an external one. However, if you want to ensure the safety of your assets, we suggest transferring your tokens to a third-party wallet such as MetaMask. Additionally, you can also buy crypto on-site.
As for the fiat currencies, the website accepts USD, EUR, GBP, RUB, PLN, TRY, BRL, JPY, DKK, and CNY. To make fiat deposits you will be choosing from the payment methods MasterCard, VISA, Maestro, ApplePay, Google Pay, PayPal, Paysafecard, Walmart Pay, 7Eleven Pay, and more than 40 others.
Deposits & Withdrawals
All the crypto and fiat options are quite good, because there is diversity, which leads to convenience. However, what we must explore here are the minimum deposit & withdrawal amounts with the addition of wagering requirements and cashout speed. Let's see what 500 Casino has to offer.
Each cryptocurrency comes with a different minimum deposit requirement. For the sake of keeping the article short, but meaningful, we will only explore the Bitcoin and Ethereum options. In the case of Bitcoin, you will need to make a minimum deposit of the equivalent of $6, which is about 0.00013 BTC. On the other hand, Ethereum comes with a $30 requirement, which currently is around 0.009 ETH. It seems that these values change from time to time, depending on the current price evaluation of the listed cryptocurrencies. However, these values are completely normal and acceptable.
As for the fiat payment methods things are a bit more simple, as usual. All of the payment options 500 Casino has to offer require you to deposit at least $3. This is quite intriguing, because there are no other crypto casinos that have such a low minimum fiat deposit requirement.
The weird thing is that you will only be able to make crypto & in-game skin withdrawals. There is no option to make a fiat withdrawal. For Bitcoin, the minimum withdrawal amount is $15, which equals about 0.00033 BTC. As for Ethereum, the minimum is $18, which is about 0.0053 ETH. These amounts are will within the standard of the industry, same as the deposit entry amounts. The casino also calculates the fees you will be paying per transaction, so keep that in mind.
Now, if you want to withdraw your fiat currencies, the only way to do this is to convert it to crypto, transfer it to a crypto exchange platform, and convert it from crypto back to fiat. Although this is a lengthy process, it, unfortunately, is the only way to withdraw your fiat deposits.
The wagering requirements at 500 Casino work a bit differently than those at other crypto casinos. Instead of a flat wagering requirement, 500 Casino wants your account to be at least level 1 and for you to have made at least 1 deposit previously. In order to reach level 1, you will need to make deposits worth the equivalent of $100, at least. This means that if you are a player with a lower budget, this might not be the place for you after all.
As for the payout speed of 500 Casino, it will first and foremost depend on how fast your withdrawal request is verified. This process can take up to 72 hours. Following that, depending on the cryptocurrency you wish to withdraw, it can take anywhere between 1 minute and 10 minutes for the crypto to arrive at your crypto wallet.
Bonuses & Promotions
One easy way to earn experience, which will let you climb the levels of the VIP club is to do "Social Objectives". These include following the website's Twitter, Facebook, Telegram pages, as well as joining their Discord server, etc. That is a good way for you to reach new levels and see new rewards. The rewards can include, but are not limited to, exclusive promotional bonuses (deposit bonuses, Cashback bonuses), increased Cashback return, extra raffle tickets (more about that below), Weekly reloads, Monthly bonuses, and unspecified special chat events.
The raffle is another promotion the casino has. It is conceptual depending on the event. For example, the current event is the "Easter Raffle - $100k". During this event, the main way to earn raffle tickets is to earn experience. As we mentioned earlier, this can happen through completing "Social Objectives" or through placing bets, making deposits, etc. The first, second, and third places in the raffle win $25.000, $10.000, and $5.000 respectively.
500 Casino also has a welcome bonus for the first deposit you make with the casino. Keep in mind, that if this is not your first deposit, you will not be able to obtain the bonus. The bonus itself is a 100% match of up to $1000, with the addition of 50 Free Spins. The bonus itself needs to be wagered 40x times, before you can withdraw any winnings from it. To be eligible for the bonus, you need to make a deposit worth at least $20.
500 Casino is operated by Perfect Storm B.V, under the laws and regulations of Curacao. This is a famous destination for crypto casinos currently, as the more reliable regulators, such as MGA and UKGC do not wish to be involved with the crypto casino industry, so owners are left with little to no choice but to go for this type of license, which is understandable. On the other hand, because of the Curacao license, there are many crypto casino owners looking to take advantage and scam players. For this reason, we still recommend going through the Terms & Conditions section in order to get familiar with how the casino operates.
As you've noticed already, one thing about 500 Casino is its expansive game library. It consists of games provided by some of the biggest game developer studio such as 2 By 2, Betsoft, Gaming, Big Time Gaming, Blueprint Gaming, Booongo, Endorphina, Evoplay, Ezugi, Fugaso, Gammat, Habanero, Microgaming, NetEnt, One Touch, Onlyplay, Quickspin, Playson, Pragmatic, Spribe, Swintt, Thunderkick, Tom Horn, True Lab, Wazdan, Yggdrasil, and many others.
The types of games you will find are Slots, Table Games, Live Casino Games, as well as a Sports-books section. Additionally, you will get to look for your favorite games using the dedicated search bar.
In the Slots section, you will come across many popular titles such as Johnny Cash, Money Train 1 & 2, Gonzo's Series, Lucky Lady Clover, Book of Dead, and many others. You can also look for Slots with different filters.
The Table Games and Live Casino Games offer the same games - Poker, Roulette, Blackjack, Baccarat, Dices, Sic Bo. The difference between the two is that Table Games are a 100% virtual experience, while Live Casino Games are operated by a real-life croupier, whilst being live-streamed to you.
In the Sports-books section you will be able to bet on your favorite teams and players in many different sports such as football, basketball, baseball, hockey, darts, swimming, boxing, MMA, volleyball, and many others. Additionally, if you are a fan of cyber sports, you will also be able to bet on Starcraft, League of Legends, DotA, Rainbow 6, Valorant, CS:GO, and others.
500 Casino has no application available for your iOS and Android devices, but they have a well-optimized mobile version of their website, so you can access your favorite games from using a preferred browser. The mobile version is easy to navigate through allowing for a seamless transition between devices allowing for quite the convenience. Keep in mind that there are some games that will not be available on the mobile version of the website, and also, if you get disconnected in the middle of a bet, chances are you will lose the betting money.
The customer support team of 500 Casino, just like in most other crypto casinos, operates 24/7. You can reach out to them with your queries, issues, or suggestions via chat and email. They typically respond within a couple of minutes if you are using their chat option, although it can take up to 24 hours to get a reply to your emails.
Aside from that, there is a Knowledge Base section, which is similar to an FAQ section. We strongly suggest going through it as there is a lot of general and useful information that will show you how the casino operates.
PROS & CONS
- Rich Game Library
- More Than 50 Deposit Options
- 1x Wagering Requirement (with a twist)
- Lack Of Fiat Withdrawal Methods
- Navigation Is A Bit Unclear
- Few Ways To Filter Games
Overall, 500 Casino seems to be a great and innovative crypto casino that covers almost all requirements. The only thing we have to point out is the lack of fiat withdrawal methods. On the bright side, there are many different deposit options, low entry requirements, 1x wagering requirement, a whole lot of bonuses, VIP program, and many others features that lack in other crypto casinos. We believe 500 Casino is worth trying out if you are looking for something new.
Is 500 Casino a safe crypto casino?
500 Casino is a crypto casino that owns a Curacao license, which many are probably not fond of, especially if coming from regular online casinos. However, things with crypto casinos are a bit different, because owners have no other choice, due to the fact that MGA and UKGC do not wish to affiliate with the industry as of yet. This naturally allows for some fraudulent casinos looking to scam you, which is why we highly recommend going through the Terms & Conditions of each and every casino before making any financial decisions.
What crypto and fiat payment methods does 500 Casino support?
Currently, the website supports the cryptocurrencies BTC, ETH, LTC, EOS, BCH, XRP, and XLM and the fiat currencies USD, EUR, GBP, RUB, PLN, TRY, BRL, JPY, DKK, and CNY. There are more than 50 payment methods available for fiat deposits. What is interesting here is that you can also purchase crypto directly on-site, using fiat.
What are the available games at 500 Casino?
You will be getting to choose from Slots, Table Games, Live Casino Games, and a Sports-book section. The casino also has some unique crypto-only games, as well as some CS:GO betting games.
Is 500 Casino available worldwide?
Yes, because even if a crypto casino does not accept players from certain countries, this can easily be bypassed with the use of VPN softwares. Because crypto casinos are always looking for new players to join them, they usually do not have restrictions towards VPN users.