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The Best Online Casino Player Rewards Programs
By Sage Kalmus
Whether they’re called VIP programs, Player Rewards Programs, Premium Clubs, Player’s Clubs, or anything of the like, any online casino, to be considered the best online casino, must have one. These programs pump players up with bonuses, prizes, contests, and cash-back rewards (among other great gifts) in addition to any monies the players may win at the actual online games. Hardcore online players look for these types of incentives when scouting for new online casinos to play at, and they dutifully review, analyze, compare and contrast these offerings.
What does one find inn a VIP Program or Player’s Club? No matter how they clothe it, and no matter how many other great incentives they include, nearly every online VIP program (and certainly the best online VIP programs) has some sort of player points system.
Player points or loyalty points (these too are called many different things but, like a rose by any other name, is still the same) are awarded to players based on the dollar amount of each wager. A $1 wager may earn you 10 player points or $10 may earn you 1 player point. How many points you earn for how many dollars is not nearly as important as how many points it takes to redeem your player rewards -- be they free entries into hot tournaments, be they cool merchandise, or be it cold hard cash.
When searching for the best online player points systems, evaluate then not only how much you have to spend to earn how many points, but what exactly those points will ultimately earn you.
It costs nothing to join an online casino’s player rewards program and, in fact, most online casinos automatically sign you up for it when you first sign up as a player at the casino.
VIP programs often offer their “members” members-only games that “regular players” don’t get to be a part of. The buy-ins are usually cheaper (or free), often paid for with player points, and the prizes are usually bigger. Some VIP programs will give players a percentage back of their losses or winnings at the
end of each month too.
Many VIP programs also offer varying levels of benefits to their most loyal players based on a multi-tiered system. For example, a player may start out at the Bronze level and, after earning a certain amount of points, get booted up to the Silver level. After accumulating another specified amount of points, the player becomes a Gold member, and then a Platinum member, etc., etc.
The benefits available to players in each level increase in scale accordingly. For example, a player’s cash-back percentage may go from 1% to 2%. The amount of points a player earns for each $1 wagered may go up (such as from $0.001 to $0.01). The player’s redemption rate (how many points they have to spend to cash out a single dollar) may go down from 1,000 points to 100 points. The amount of members-only games the player will be invited to join in on (as well as the stakes) may increase.
Redeposit bonuses are often given to players who make subsequent deposits into their online accounts beyond their first deposit. Although it doesn’t take membership in a VIP program to be offered this kind of bonus occasionally, you’ll find it offered far more often (and in some cases upon each and every deposit) to members of such a program or club. Tiered player rewards programs will often increase the percentage of the redeposit bonuses as players climb up from one tier to the next.
The best online player rewards programs are often provided by a separate entity from the online itself, and include many online casinos under its flag. For example, the prominent Casino Rewards program includes 12 online casinos and 5 online poker rooms. Player points accumulated at any of these participating casinos go into the player’s singular player rewards account and rewards can be redeemed at any participating casino, including those where the player hasn’t played a single game or earned a single point. Peak Rewards is another of the most popular and best online player rewards programs, with 5 casinos under its arch.
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