An Overview of Online Casino Loyalty Programs
While most land-based casinos offer players cards that can be used to earn and spend comp points, gamblers are often better off joining an online casino with a loyalty program. It takes the idea of player cards and expands on it, allowing gamblers to gain much more from their experience.
Online casino loyalty programs work by rewarding players for their gaming activity. The first step in most cases to gaining entry into a loyalty program is to open an account with an online casino and deposit money into it. Many casinos automatically make players a loyalty program member when they complete this step.
The second step is for players to get started betting real money on a casino’s games. When they do, they earn loyalty points that accumulate until one has enough to cash them in. This is how players move up the levels of a loyalty program. In most cases, players have to log into their account and bet real money on a regular basis to remain a program member. The software a casino uses keeps track of players’ activity and how many loyalty points they earn.
Players earn loyalty points based on the type or types of games they choose. For example, most table and video poker games will earn players points faster than slot machines will. The reason for this has to do with the odds of winning each type of game and the casino ensuring that they don’t lose more money than they can afford to.
Loyalty points can be redeemed for prizes such as free spins, cash bonuses, event tickets and more. Those who reach VIP status are often able to make higher deposits than they ever could before. Most casinos have a minimum and a maximum amount of the money that an average player can deposit in any given amount of time. But VIP members generally don’t have this limitation.
The perks of a loyalty program vary from casino to casino. Many that cater to high rollers will offer them the chance to use their loyalty points on things such as electronics and even vacation getaways and exclusive event invitations. Others strictly let their players’ trade comp points in for cash that can then be withdrawn from their casino account.
Players that join multiple online casinos owned by the same operator may even be able to earn their comp points with one and trade them in with another. This does not happen in every case, but often enough that it can make joining multiple casinos beneficial.
Casino loyalty programs are the backbone of the online gambling industry in many ways. They encourage players to bet with real money, as loyalty programs wouldn’t succeed otherwise. Used properly, these loyalty programs can help players get the most out of their online gambling experience. This is one reason why so many new casinos offer this type of program and why so many players make the choice to participate in them.