Incentives are used to encourage people to sign up at online casinos and to gamble. We’ve already discussed weekly promotions and welcome bonuses, but these are the most powerful. The casino VIP program is another incentive. These programs are basically a loyalty program. You will earn more rewards the longer you remain loyal to a casino and the more you wager.
Bovada Casino, Slots.lv and Black Diamond Casino offer VIP treatment to some of their most loyal customers. This is one way they discourage their customers from moving to other casinos portals.
We’ll be taking a closer look at VIP programs and how to make the most of them. You could earn attractive rewards for your gambling activity if you are an avid gambler.
What are VIP Programs at Online Casinos?
Regular casino customers are the most valuable. These people return week after week to play blackjack, Pai Gow poker, baccarat and other casino games.
These customers are the bread and butter of casinos. They are the lifeblood of casinos and it is important to keep them happy. Casinos are in fierce competition. This means that they have to find innovative ways to retain their customers.
VIP programs are created to accomplish exactly this. They encourage frequent, consistent betting. Over a set time period (e.g., three months), the gambler’s betting volume will be tracked. Three months, and the gambler earns rewards accordingly.
These programs are best for high-rollers, but anyone can benefit from them. Special bonuses can be earned by wagering as low as $200 per week.
Casino Points, Comps, and Other Rewards
These programs operate in the same way: You earn points for every dollar that you wager. Based on how many points you earn, your rewards will be unlocked.
There are often several levels to VIP status. To maintain VIP status, you will need to wager the same amount each month (three months) until you reach the desired level. You can unlock bonuses if you increase your betting volume. If your betting volume declines, you may drop a level (or two).
In short, your VIP points dictate your VIP status. Higher status means better comps and more rewards.
You may be eligible for larger matching bonuses. A typical reload bonus is 100 percent of your deposit. A VIP customer may be eligible to reload with a match up to 500%.
Perhaps the casino does not offer reload bonuses for its regular customers. VIP customers may be eligible for special reloads.
Remember that not all rewards come with monetary value. Some casinos offer exclusive tournaments for VIPs. Some casinos offer special games. Others offer increased bet limits, withdrawal limit increases and expedited withdraws.
Online gambling is something you should enjoy and you are likely to do so often. Make sure you check to see if the casino offers VIP treatment. You might be eligible for a variety of exciting rewards that are not available to other players.
Why Online Casinos Host VIP Programs
Casinos put a lot of effort into attracting new customers. They offer large Welcome Bonuses. Casinos work hard to keep players happy after they have made their first deposit. This is done by offering weekly promotions.
Examples include the “Table Mania Tuesdays”, at Bovada, and the “Weekly Double Up,” at Slots.lv. “Full House Friday” is at Black Diamond Casino.
Online casinos cannot afford to lose a customer, especially one who gambles frequently, to another casino. They don’t want that customer to go. This could result in a substantial drop in revenue.
They offer a VIP program. This program encourages customers to remain loyal as it is a way to avoid starting over.
Think about your favorite frozen yogurt shop. Is there a punch card that allows you to buy 10 yogurts and get the 11th free? You won’t be able to move to another froyo shop if you have only seven or eight holes punched. That would be starting from scratch.
The same principle applies to VIP casino programs.
Five Reasons to Get VIP Status at Online Casinos
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Below are some benefits of signing up for VIP status. For your convenience, I will list the most important ones below.
#1 – Larger matching bonuses
Every customer gets a 100% match on their first deposit, sometimes even more. Every customer receives the same match for reloads. If you are a VIP of high rank, you may be eligible for a match up to 400%, 500% or even more.
#2 – Special bonuses
What was your last birthday bonus? What about a holiday bonus! These bonuses are often offered by online casinos to their most loyal customers.
#3 – Invitations to special events
Once you have reached a certain level, you may be able to access monthly draws, custom tournaments and exclusive games. These are another way that the casino can show its high standards of service.
#4 – Banking perks and betting
Ever find yourself at a betting limit that is too low and wish you could wager more? Have you ever wanted to withdraw a large amount of winnings, only to find that there are limitations on how much can be taken out at once? You have probably waited patiently, or not so patiently, for your winnings to arrive by mail and wished they arrived sooner.
These restrictions may be lifted for VIP customers. For VIP customers, some casinos will raise their betting limits or withdraw limits. Others will expedite their withdrawal requests.
#5 – High Roller Account Service
Personal account service may be available to you if you place large amounts of money and do this often. An account representative is assigned to you. The job of this person is to make sure you are happy. This includes managing your account and making sure that you get all the perks that you are entitled to.
The greater the rewards, the more you bet
Casino VIP programs are available to anyone. There are many levels to choose from, each offering its own set of perks. To reach the lower levels, you don’t have to be a high-roller to reap the rewards.
However, VIP status is all about betting big. This often pays dividends. You can receive more rewards if you bet more.
You don’t just get bigger bonuses. You get MORE bonuses. You may be able take advantage of bonuses that aren’t offered to other players, as we mentioned above. These perks are available to you regardless of how much you wager.
High Rollers Get (Extra) Special Treat
The “whales” receive extra special treatment, as you can see. Their withdrawal requests could be given priority service, for example. They might lose their betting limits or have them raised to the point that they are able to withdraw at the same time. They may be assigned their own account representatives.
High rollers may be invited to exclusive VIP programs by some casinos. The public is usually not privy to these perks. One thing is certain, they do receive the red-carpet treatment.
An “Live” Example of a Casino VIP Loyalty Programme
Slots.lv has a VIP program similar to what you will find at other online casinos. It’s worth taking a peek at the different parts of the car.
It is known as MySlots Rewards. There are eight levels to choose from, ranging in difficulty from the lowest to the highest.
– Depositor
– Signature
Superior
Executive
– Elite
VIP
VIP Premium
VIP Exclusive
All start at the Depositor level (i.e. Level 1. This level gives you access to all the promotional bonuses at Slots.lv. To earn this status, all you need to do is make a deposit. To unlock the additional perks, you must wager at certain levels.
To reach the Signature level, you will need to earn 2,000 Reward Points. You will be able to access reload bonuses that are not available to Depositors once you have earned them.
How can you earn points? One point is awarded for every $1 wagered on slots and one for every $4 spent on other casino games. This is a long process, but it adds up if you play often.
You’re awarded Superior status once you have earned 5,000 points. You will also receive the usual promotional bonuses and reloads.
You can become an Executive at 15,000 points. You can take part in monthly draws.
At 40,000 points, you reach Elite status. Weekly cash-back bonuses are available to you if you reach 40,000 points. These perks can be added to the ones that are available to Executive, Superior, or Depositor levels.
The VIP level is the next rung on the ladder. To become a VIP, you must earn 100,000 points. You will receive a birthday bonus once you have earned 100,000 points. You can also increase your betting limits with Slots.lv
By earning 250,000 points, you can attain VIP Premium status. Additional perks include faster withdrawals and higher withdrawal limits. Weekly VIP bonus draws are also available.
Only invitations are accepted to the VIP Exclusive level. This level is not available to anyone who has earned a certain number of points. You will be invited if you have a substantial amount of betting activity. It’s in Slots.lv’s best interest to keep high rollers happy.
Each VIP program at a casino is unique. However, most of them share features with Slots.lv.
Be aware that each program has its own rules and conditions. These rules and conditions should not be ignored. These rules should be read carefully to ensure you understand what to expect. There are many rules that govern the type of games that can contribute points, how you can convert points to get perks, and the time period within which points must be earned in order to keep your VIP status.
How to Choose an Online Casino VIP Program
It is not difficult to find the best online casino VIP programs. You don’t have to look only for programs that offer the most attractive perks. If the casino is not reliable or trustworthy, they won’t be of much value.
After you have found an online casino that you trust (see my top-rated casinos list here), you should take a look at its VIP program. Do they seem relaxed or strict? Are they easy to use or difficult to access?
What perks are you eligible to receive at different levels of VIP status? Weekly draws Cash-back rewards? Higher betting limits No cost spins on slot machines Investigating is the only way to be certain.
Once you have chosen a casino and its VIP Program, I recommend you to stay with it. If you choose to play at Black Diamond Casino then go all-in. If Slots.lv appeals to you more, stay there. This will allow you to maximize the impact of your betting activities, rather than spread it across several casinos and never achieve the VIP status that you desire.