How Loyalty Comp Schemes Work at Online Casinos
One of the best aspects of signing up to a real money online casino in the current climate is the sheer amount of bonuses and promotions that will come your way. Obviously some sites are better than others in this respect, but virtually all offer an impressive sign up bonus to get you on board. However, it’s not just new customers that a site wants to impress, as keeping existing customers happy is equally important. One way of doing this is through a loyalty scheme, where you are rewarded for your play at the casino.
In this article I explain exactly how a comp points based loyalty scheme works, detailing how you’ll earn points, what you can do with the points and any added bonuses that can come with earning those points. I then explain how a loyalty scheme can actually lower the house edge at the casino. I finish by detailing the loyalty schemes at two particular recommended online casinos.
How a Comp Point Loyalty Scheme Works
When a site offers a loyalty point scheme you’ll earn points every time you place a bet. The number of points will vary from site to site, but as an example, you might earn 1 comp point for every $10 you bet at the casino – these points coming your way whether or not the bet wins or loses. The points will obviously quickly mount up and at some point you will want to redeem them. Some sites will offer a straight cash for points deal, where you might earn $1 for every 100 points for example. Some sites will have a merchandise store, where you’ll be able to spend these points, while others might give you a choice between spending them at the store or indeed redeeming them for cash.
However, this is not quite the end of the story. You’ll find various promotions at many sites where certain games will offer extra points at certain times – maybe double points for playing a particular slot or a specified table game. You’ll also find the point schemes are sometimes linked to a VIP club, where you’ll move through the levels of the scheme the more points you earn. When a member of the VIP club, you might find that you’ll actually earn points quicker or gain more dollars for your points the higher level you are at, as well as gaining extras such as additional bonuses, birthday gifts and maybe even the use of a personal account manager.
Using Comp Points to Lower the House Edge
If you consider that every time you place a wager you earn points, and each point is worth real cash, you should quickly realize that these point schemes will lower the house edge in your favor. Yes, the difference is a small one, but in combination with smart play at the skill games and by taking advantage of other bonuses too, you might find that the house edge is a miniscule one, giving you some great opportunities to enjoy some very fruitful sessions.
Recommended Casino Point Schemes
Non-US Players 888 Casino
Every time you play at the 888 casino, you’ll earn points, this irrespective of which currency you play in. Wager $10 and you’ll gain 1 point, wager €10 and you’ll gain 1.35 points, while £10 will see 1.5 points coming your way. Every time you earn 100 points you’ll be able to redeem these points for $1 in cash. Having logged in, head to your account page to know exactly how many points you have accumulated. Earn enough and you might be invited into the VIP club where you’ll find many additional benefits, such as higher stakes tables, monthly lucky dip prizes, VIP promotions and offers and a VIP welcome bonus. You'll find the details and latest promotions over at www.888casino.com
For US Based Players - Bovada Casino
Bovada casino has a benefits program where you’ll earn comp points as you play. Earn 3 points for every $10 wagered at the slots, earn 2 points for every $10 at table games and blackjack and video poker will both earn you 1 point for every $10 bet (you’ll need to wager $25 at single or double deck blackjack due to the smaller house edge). Every 100 points you earn is worth a dollar, but the great thing is that every other Friday the points will be converted automatically into cash – all you’ll see is a nice boost to your balance! See www.bovada.lv for the details of this and their generous welcome bonus package.
More for Online Casino Fans:
- Casino Deposit Methods Main Page (solid advice for getting your money on board and off again!)