Loyalty Bonus Casinos 2018
It is in the best interests of online casinos to keep players playing at their sites for as long as possible. So like many other businesses, online casinos offer loyalty bonuses to reward players who keep playing. Casino loyalty bonuses are similar in principle to things like frequent flyer miles and points earned on a credit card.
Bonuses can take many forms depending on how a casino is set up and the kinds of players it wants to attract. Some of them are nothing more than extra deposits added to the funds that players deposit on their own. Other bonuses take the form of free games or free plays. Still other loyalty bonuses offer players extra cash based on their frequency of play, how long they have been with that casino, or how much they typically wager.
Just about every loyalty bonus does come with terms and conditions. As such, it is up to players to know and understand those terms and conditions before playing. Also note that online casinos have the right to rescind loyalty bonuses at any time, and for any reason.
Types of Loyalty Bonuses:
Cash Back Bonuses
Think of the cash back bonus as a way to earn money deposited into your account. A typical cash back bonus is a points-based bonus that pays out redeemable points every time you wager. For example, you may earn a certain number of points every time you place your bets and spin the reels of your favourite slot games. If you prefer table games, you might earn points every time you place a bet in blackjack, for example.
Reach a certain milestone of points earned and you will be able to cash in those points for a cash deposit. Note that you might have to accumulate a certain number of points within a given time frame in order to redeem them. In other words, cash back points may not be bankable forever. They may be time limited.
Tiered Loyalty Bonuses
Casinos hoping to reward their high rollers may offer tiered loyalty bonuses under some system like platinum, gold, and silver. Loyalty bonuses defined as ‘VIP’ bonuses are often under the tiered category. In order to be eligible for such bonuses, you have to play often and establish some longevity.
A tiered bonus could be a cash back bonus with extra points awarded. It could be a points bonus that allows players to buy and sell points among themselves. In other cases, a tiered bonus may offer prizes that can be redeemed for cash. A player might receive extra free plays, extra free spins on slot games, and so forth.
One of the most popular loyalty bonuses is the deposit bonus. This particular bonus is one in which the casino adds a certain amount every time a high roller makes a deposit. It might be a pound-for-pound match or just some static amount the casino has settled on.
Gamers love deposit bonuses because they essentially translate into free money. Let’s say you play at a casino that offers a £50 deposit on every new deposit of £500 or more. Though this is a fictional bonus for the purposes of this guide, it would be equal to 10% of every pound you deposit being matched with extra cash.
Loyalty bonuses are meant to reward players who play often over a long period of time. Casinos are willing to offer these bonuses because they know that loyal players are good for business. The bonuses are good for you too because they reward you with cash, free plays, and more.