A loyalty bonus is pretty self explanatory in the sense that it rewards loyal players with bonuses on a regular basis. Loyalty bonuses are becomming increasingly more popular in modern online gaming and today’s online casinos are focusing on rewarding existing players more rather than just new players.
Each online casino that has a loyalty bonus scheme in place gives players the chance to feel more involved and ‘wanted’ instead of being pushed aside for those new customer only incentives. Loyalty schemes vary from casino to casino and is something purely set up by themselves to attract players and beat the competition.
There are a number of different loyalty schemes in place by selected casinos and range from cashback bonuses to casino club tokens to comp points.
Cashback Loyalty Bonus: If a casino is offering cashback for loyal players then this means you will get a percentage of money back / refunded that you staked on casino games. Be sure to read the instructions of each cashback program as some casinos offer cashback on all money staked, but some only offer cashback on your losses.
Casino Club Tokens: If a casino offers tokens in an exclusive casino club then a player will earn tokens every time they play casino games for real cash. The rules are different for each casino and the amount of tokens differs all the time. For instance a particular casino may offer 10 tokens per £50 spent whereas another may offer 1 token per £100 spent.
Comp Points: If a casino offers a comp points based loyalty system then players can earn comp points for each £1 staked on casino games. Casinos set their own benchmarks and you will need to check the small print to see how many points you can earn per £1 spent. For example; loyal players may be rewarded 1 point for every £10 staked. Comp points can be converted in to real cash to play with.
Pros
- Allows players to get more for their money with money back on their stakes.
- Rewards existing customers for their loyalty rather than focusing on new player only promotions.
- Some bonuses are available daily or weekly meaning you have a better chance of getting more value for your money compared with other bonuses.
Cons
- Can sometimes take a long time to feel the benefit of loyalty bonuses depending on the terms set by the casino.
Final loyalty bonus note: Loyalty bonuses are great for rewards and give existing players incentives as opposed to new customers. It is not recommended that players play solely for the purpose of earning loyalty points or bonuses. However, it is a great system to run alongside regular gaming whereby you can accrue points just for playing with the added bonus of being rewarded and get ‘something for nothing’ at the end of the week or month.