Online casino bonuses come in varying forms and sizes. New casino players can get no-deposit bonuses, deposit bonuses, and free spins. But gambling sites know loyalty doesn’t come cheap in an industry with cut-throat competition. These casinos offer VIP rewards and other loyalty programs to keep loyal players. So, what are VIP programs, and how do they compare to standard casino bonuses? Keep reading to learn!
Losing a patron to the competition is the worst possible outcome for any gambling site. It’s even a nightmare if the player in question occasionally gambles significant amounts of money. Remember that casinos are businesses like any other and depend on your real-money wagers to make profits. So, losing a player is totally out of the equation.
The main reason why top online casino sites in 2023 offer VIP programs is to keep loyal players. For the most part, players will need to prove their loyalty by gambling using real money for some time to get the prestigious VIP membership. However, enrolling in the casino VIP program immediately after making a minimum deposit is possible.
Here is how VIP programs work; each real money wagered will attract a certain number of points on the VIP board. Usually, a single coin wagered will earn you a single VIP point. Then, as you collect more VIP points, you’ll climb up the VIP ladder and enjoy bigger and better VIP benefits. For instance, a VIP program can have four levels: Bronze, Silver, Gold, and Diamond.
VIP rewards differ from standard casino bonuses in multiple ways. First of all, players earn VIP status after raking up a specific number of points by playing using real money. But with typical casino bonuses, you’ll claim the bonuses after meeting specific conditions. For example, you can claim online casino bonuses like deposit bonuses, reload bonuses, and no-deposit bonuses after creating an account and making a minimum deposit. Note that this is just a one-time thing.
Another critical difference is availability. Whereas standard casino bonuses are strictly offered online, VIP programs can be available in a land-based casino. Brick-and-mortar casinos can offer loyal players VIP perks to encourage them to visit the venue more often. But remember that VIP bonuses may not be available in some regions. In April 2021, the UK Gambling Commission prohibited casinos from admitting players under 25 years to their VIP schemes.
VIP memberships can look intimidating, especially for first-time casino players. But experienced players know that these bonuses can be hugely rewarding at the casino. So, without further dilly-dallying, below are the benefits of being a VIP member at the casino:
VIP players can benefit from bigger bonuses and special personalized deals tailored to meet your unique playing style. For example, most gambling sites are known to offer VIP players reload bonuses of up to 500%. In a typical scenario, the percentage wouldn’t exceed 100%. In addition, some VIP bonuses are available only to the exclusive VIP club.
Many online casinos have deposit and withdrawal limits. The minimum deposit limit often cuts across the board, whereas the withdrawal limit might depend on specific online casino banking methods. Debit/credit cards like Visa, MasterCard, Maestro, and American Express usually have higher limits than e-wallets like PayPal and Skrill. Gaining a VIP membership will help avoid these inconveniences because the casino will lift any transaction caps.
If you’re a seasoned casino player, you’ll know how gut-wrenching it is to wait for a delayed payout. Some casinos will tell you that payouts will be processed within 24 hours, only to take several days. But if you’re a VIP player, payouts are usually instant. Of course, that’s whether you’re using an e-wallet, credit/debit card, or digital coin.
How does it feel to be assigned a personal VIP host who will handle all your account issues? After reaching the apex level of the VIP scheme, the casino can give you a personal account manager. The VIP host will help you keep track of your finances, know the status of your transactions, update you on upcoming VIP rewards, and more. It just never gets better at the casino!
Online casinos update their game offerings frequently. And to gauge the players’ reactions to the new additions, these casinos may give a few players free bet credits to play for free. VIP players will usually be the first to play new game titles. What’s best? Any winnings you make from the free sessions are yours for keeps.
You must be wondering what happens to the VIP points you collect. Apart from receiving unique gifts and treatments after collecting a specific number of VIP points, you can also redeem them as casino credits. This can be helpful if you want to play online casino games but don’t have enough budget. Note that the bonus money is usually non-withdrawable.
Online casino VIP rewards have their fair share of benefits. But there are a few drawbacks. For starters, players need to make a significant investment to get VIP status. Now consider this; players might need at least 2,500 points to get a VIP-level promotion at an online casino. So, if each VIP point is equivalent to playing for $1, you must gamble for $2,500 to get the promotion.
Another drawback of VIP programs is gambling dependence. The UKGC banned some players from receiving VIP treatment because their research proved it could catalyze problem gambling among players. That could be true, because some casino players could easily be carried away with their quest to become VIP gamblers. And as said before, VIP membership doesn’t come cheap at most online casinos.
This write-up can conclude that VIP programs are some of the most extensive online casino bonuses. VIP players enjoy many benefits, including essential services like higher transaction limits, instant payouts, and 24/7 customer support. But don’t forget that it might take a while to get the VIP status. So, don’t be obsessed with being a VIP player, and gamble responsibly.