10 facts about 500 Casino you should know before you sign up
500 Casino grew out of CS2 and Rust skin gambling, and it still pays out in skins as well as crypto. Here are ten things worth knowing before you sign up, each checked against 500 Casino's own pages.
- 01
It is run by Perfect Storm B.V. in Curaçao
Its operator is Perfect Storm B.V., Curaçao registration 150536.
Source: 500.casino ↗ - 02
It holds a Curaçao licence
Its licence is OGL/2024/1354/0882 from the Curaçao Gaming Control Board.
Source: 500.casino ↗ - 03
Its 300% welcome bonus is a rakeback boost, not cash
A first eligible deposit over $25 adds 300% of the deposit, up to $15,000, as a rakeback boost plus 50 free spins. The most you can withdraw from the offer is 3x the rakeback boost plus $1,000 from the free spins.
Source: help.500.casino ↗ - 04
The boost unlocks $1 for every $400 wagered
The rakeback boost releases $1 per $400 you wager, and the free-spin bonus balance carries 40× wagering on casino games.
Source: help.500.casino ↗ - 05
You have 7 days to make the qualifying deposit
Deposit within 7 days of registering. The rakeback boost then lasts 90 days, free spins must be claimed within 48 hours, and unclaimed bonus balance is lost after 14 days.
Source: help.500.casino ↗ - 06
Bonus-balance bets are capped at $100
Each bet made with bonus balance is limited to $100.
Source: help.500.casino ↗ - 07
Reaching level 1200 pays a Rolex
VIP starts at Level 500 and runs through 12 tiers of 100 levels each, from Silver to Supernova. A direct VIP host starts at Sapphire, and reaching level 1200 (Obsidian) pays a Rolex watch.
Source: 500.casino ↗ - 08
You can cash out in crypto or in CS2 and Rust skins
500 Casino doesn't offer direct real-money withdrawals: payouts go out in crypto or as P2P items for CS2 and Rust via a connected Steam account. You need to be at least Level 1 with a previous deposit, and no maximum withdrawal figure is published.
Source: help.500.casino ↗ - 09
Its own pages disagree on how often its leaderboards run
The rewards overview, dated 21 July 2026, describes Weekly and Daily Royales, while the Royales article describes Monthly Royales in which the top 100 share a $250,000 pool with a $100,000 top prize.
Source: help.500.casino ↗ - 10
You get 7 days to send KYC documents
The casino may request any KYC documentation, which has to be provided within 7 calendar days.
Source: 500.casino ↗
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