Take Advantage Of Loyalty Programs
Loyalty Programs are a beneficial method offered by online casinos to increase one’s bankroll without actually having to contribute much. The advantage of this program is that a player has to do nothing but keep wagering. The casino software takes care of the rest by calculating the due amount and automatically crediting it to your account.
However the player does have a significant role in ensuring that the program works to his or her advantage. The player must evaluate the loyalty rewards program offered by the online casino and assess all its pros and cons.
Here are some important factors you must take into consideration before taking up a loyalty programs…
Comp points:
Loyalty rewards programs are based on comp points. Players are given 1 comp point for a specified amount wagered and then a specified number of comp points accumulated are converted to $1 worth of playing credits. What you must figure out is how much should be wagered in order to get $1 of playing credit.
Making the right wagers:
Let’s try out the math. For every $A wagered you get 1 comp point and B comp points can be redeemed for $1 of playing credit. Then you have to wager A multiplied by B dollars to get $1 of playing credit. As the product of these two become larger the less beneficial it is to the player. Other aspects to be considered is how often are the credits given to the player. The amounts being credited every day is better than the amounts being credited every week, which is better than the amounts being credited every month. Most online casinos allow players to redeem their comp points after they have accumulated to the amount specified by the casino rules. The larger this number becomes the more difficult it will be for the player to receive the credits.
Duration of carrying forward unredeemed comp points:
Players must also know for how long online casino bonus offers carry forward the unredeemed comp points. Suppose a player’s wagering level results in 100 comp points a month but he needs at least 500 comp points in order to redeem them, such a program would not be of much benefit to the player.
