You could also turn those points into cash and withdraw it or spend it at the casino as “extra credit”. This is especially handy if you’re not interested in exchanging your points for items or gifts, then you can sell your points for cash at a pre-arranged exchange rate. Cash and items from the “gift shop” are not the only perks you’ll receive while on a loyalty program, you’ll be eligible for special prizes, higher bonuses, reactivation bonuses, tournament entries and even offline prizes like vacations. Through the VIP Program, players have the opportunity to land bigger bonuses, faster withdrawals, and a better standard of customer support. You’ll be able to freely spend your points on anything you want, as long as you have enough of them. You’ll start at the bottom tier but you can make your way to the upper tiers (which have much better ROI than lower tiers) by betting more and playing more frequently. Being part of a VIP/loyalty/rewards program is usually a standard feature of the online casino and you’ll be automatically entered. When joining an online casino and playing for real money you will more often than not, be automatically entered into a VIP or rewards/loyalty program.
Another benefit of belonging to a VIP program and having a higher tier is the level of customer service offered to you and in some cases even speedier withdrawals than for regular players. Players can use a wide selection of payment options, whether it be fiat currencies or cryptocurrencies. And in a highly competitive industry like online casinos, where players are very compensation oriented and will easily switch brands for a higher bonus, having a good rewards system can lower the churn rate of customers. So the rules are simple: bet more to increase your VIP level to earn more rewards. Some of these rules are obvious, like the better the prize the more points it’ll cost and hence the more you’re going to have to bet to earn those points. Accepting VIP points and rewards are also a way to “reduce” the house edge or profits gained from your hard earned money, but most of these programs have very carefully designed terms and conditions to ensure the casino is not being overly generous and they will you work hard for your prize.
Some games will earn you more points than others so focus on those games which yield a higher point structure in order to maximize your rewards. Just remember, VIP programs are a side benefit of your gaming habits and should not be the focus of your activity. Loyalty programs will also allow you to access higher tiers with even better returns on your investment. Prizes can include cash, bonus credits or even tickets to vacations or items from the VIP shop. Some even have “diamond” tiers which are reserved for big spenders or whales. Most shops and e-commerce websites nowadays have some kind of VIP rewards program or loyalty scheme to reward repeat business from their customers. A difference between a rewards program and a bonus program is that VIP points or loyalty points usually do not have wagering requirements attached to them. It will provide an incentive to keep playing, it will increase brand loyalty and it will help you increase your bank roll so you can play more and have a better chance at winning more. In other words, play to win and earn a little extra on the side. Don’t play for comps only.
The wagering requirement is 20x. The second deposit bonus is a 50% bonus up to 1.2 BTC. Make the first deposit and get a 100% bonus of up to 1 BTC. Reference friend bonus will give you 10% of the combined revenue every month from players you refer. This bonus includes match deposits and free spins on the first four deposits. FairSpin has been in business since 2018. I first started out under the name FairPlay casino. Whatever you decide to do with your points, it pays out to be part of a loyalty scheme. The gaming industry, being at the forefront of promotional innovation, has also adopted the practice of rewarding players for their loyalty. And some will allow you to sell or buy from other players. This is excellent news for players who tend to worry about their security. These programs are important and serve as incentive for consumers to come back, spend more and get a feeling of return on their purchases. The more you play, the more points you are able to collect. These tiers or higher ranks are usually structured in steps and are sometimes called “silver”, “gold” and “platinum”. Some programs will also allow you to buy points from the casino, much like airlines do with their frequent flier miles.