While we all like being offered generous incentives to become registered members at an online gaming venue, once past the newbie stage we also want our loyalty to be acknowledged and rewarded. Appreciation is often shown by points given for each wager, and the opportunity to use these points to put some of the money back into our wallets. Online casinos which have a comp point program in place will either let us collect real cash, or offer bonus cash withdrawable once specified wagering requirements have been met. The first might seem a more attractive proposition, but there are other factors one should take into account before deciding which casino to remain faithful to. See if you can find one to your taste on the list which features some of best loyalty programs offering points-to-cash/bonus conversion.
Spin and Win Loyalty Points
Spin and Win gives away loyalty points every time you place a real money bet. Number of points will vary depending on which games you play, but once you manage to accumulate 1,000 or more, you’ll be able to exchange them for bonus cash.
Every £1 wagered on Spin and Win exclusive slots and scratch cards will earn you 2 points, each £1 bet on other slots 1 point, and the same amount awarded for every £2 invested in a game of Roulette, Video Poker or any table game. A minimum of 1,000 points is needed to redeem them for 1£ in cash, and you can do so by logging in and heading to “My Account” section.
As this is bonus cash and not real cash, there are wagering requirements to be met. More specifically, you’ll need to wager your bonus value 10 times before making a withdrawal request. Bets on slots and scratch cards count 100% towards play-through requirements, while those on all other games contribute 10%. The only exceptions are Roulette and Jackpot games which will not contribute at all.
Winner Casino VIP Program
Comp points are the currency used in Winner’s VIP program which features 5 levels and a variety of benefits offered with each. They are earned at the rate of 1 point for each £10 real money bet, and players in the VIP club get to collect them even faster. Your VIP status will also determine the points-to-cash conversion ratio, so that instead of having to exchange 100 points for £1 in cash, you could enjoy the benefit of claiming the same amount of money for only 70 points.
Next Casino Frequent Player Points
Play any of Next Casino games in real money mode and you’ll be automatically awarded Frequent Player Points (FPP) which can be exchanged for real cash. Every 100 points pay £1, though you’ll have to have at least 200 of them in your FPP balance to be able to convert.
Various games generate points at different rates. You’ll find the rates expressed as a percentage, indicating how much of 1 FPP you will earn each time you bet £1 on a certain game category. While in case of slots (classic, video and jackpots) the rate is 20%, Video Pokers and live dealer games earn points at the rate of 5%, and table games 1%.
Magical Vegas Cash Converter
Magical Vegas offers a slightly different take on comp point program. The first unique element is that point collection and conversion to cash happens on weekly basis. In order to qualify, players need to opt in and make a deposit of £20 or more, after which one point is awarded for every £20 deposited and every £50 wagered between Monday and Thursday. The following Friday, player’s account will receive a boost in the amount corresponding to number of points collected: £5 in cash for 1-19 points, £10 for 20-49 points, £20 for 50-99 points, £30 for 100-199 points, and as much as £50 if they have managed to accumulate more than 200 points. As these are cash prizes, no wagering requirements need to be met before cashing out.
At Wild Slots, each real money bet earns you Frequent Player Points (FPPs) which are redeemable for hard cash. For every £10 wagered on slots, you’ll receive 2 FPPs. A minimum of 200 points is needed to be able to convert them at the rate of 100 FPPs for £1. You can check your balance any time providing you’re logged in, and do the exchange by simply clicking “Claim”.
Unlike some other online casinos, at Wild Slots FFPs don’t have an expiration date. From time to time, special promotions will allow you to collect them faster, so make sure to opt in to Wild Slots email newsletter and learn about it in time.
Calculating the best return-on-investment when it comes to comp point programs is not super-simple, but can be done if you know what to look at. First you’ll need to check how much needs to be spent to earn 1 point, how many of them are needed to collect £1 in cash, and what is the minimum quantity which has to be accumulated before doing so. Combining this information with the fact that rewards come with or without wagering requirements, should provide a clear enough picture of the deal you’re getting.