Decoding loyalty bonuses and unpacking the point system at online casinos
All hail loyalty bonuses for the glorious and helpful bounties they bestow upon us. It’s time to own up; how many of you access online casinos just to see if there are any bonuses, promotions and loyalty bonuses available? If you answered yes, then welcome, you are just like us and many other players who love receiving freebies and bonuses.
One of the most rewarding gifts a player can get at online casinos is loyalty bonuses, and these are also known as rewards programs. There are two types of loyalty programs, a standard loyalty program and a VIP program. Typically, the VIP program is only available to high-roller players by invitation. Sure, those are exclusive, but where’s the fun in them if they don’t allow smaller competitive bankroll players to get in on the action?
Small bankroll players are the lifeblood of most casinos, and everyone loves these minimum deposit casinos that provide small bankroll players with an abundance of bonuses. Most of these minimum deposit casinos offer players a standard loyalty program. This is the casino’s way to show loyal players that they are appreciated and valued. Typical loyalty programs provide players with a plethora of bonuses and perks. These generally have tiered levels; the better your level, the more lucrative the rewards. Below we break down the perks players can claim at a loyalty program. Then we unpack the point system of a loyalty program and how players can accumulate points.
The perks of loyalty bonuses
If you are registered at an online casino, chances are you are reaping the great rewards of the loyalty program. if you are not, sadly you are missing out on quite a lot. Every online casino is unique, so it makes sense that the loyalty programs will differ slightly regarding specs, but in general, the broad perk categories are similarly aligned. We dig deeper into this below.
Perk 1: Bonus Funds
One of the most popular loyalty bonuses players receive is bonus funds. Bonus funds are extra casino money provided to players, and these can be used to play casino games and win real money. Generally, bonus funds from loyalty programs will have some wagering requirements, so make sure to check them out before playing.
Perk 2: Free Spins
As the name suggests, these are additional free spins on casino slot games, and free spins are the best bonuses players can claim with a loyalty program. Free spins are offered at the low levels of loyalty programs, and winnings may have wagering requirements.
Perk 3: Deposit bonuses
Some loyalty programs offer players loyalty deposit bonuses, sometimes up to 100% bonuses. Any loyalty deposit bonus is considered bonus funds and can be used on certain casino games.
Perk 4: Cash bonuses
Who doesn’t love free cash? Some loyalty programs will offer players cash bonuses. For these, the cash amount is available with players’ real money balances, so there will be no wagering requirements.
Perk 5: Cashback bonuses fund
A cashback bonus is a percentage of bonus funds players receive on all their losses at the casino. The better your loyalty level, the bigger the cashback percentage. Cashback bonus funds will have wagering requirements, so do have a proper read-through of the T&Cs.
Perk 6: Birthday bonus
Your birthday will get a whole lot better when you receive your birthday bonus. On top of a personalized birthday message, players also receive bonus funds, deposit bonuses and sometimes even personalized gifts from the casino, like goody bags.
Perk 7: Faster payouts and better deposit limits
Another great perk of loyalty bonuses is faster withdrawal times at casinos, and players at these loyalty levels, are prioritized. All their withdrawals will be fast-tracked by the casino. Players are also rewarded with better deposit limits at the casino and can deposit much higher funds into their casino accounts.
Perk 8: Customer support through account managers
Account managers are individuals who provide players with personalized customer support and other features like daily communication, personalized bonus offers and dealing with all queries on behalf of players.
Perk 9: Special prestige perks
Prestige perks are only offered at the premium levels of loyalty programs, and these loyalty bonuses are exceptional. Our team at MDC have spent hours researching the loyalty bonuses at various online casinos, and some prestige perks that we have found at the highest levels of loyalty programs include free holidays, tickets to music events and comedy shows, free tickets to sporting events, special invites to casino-hosted events, and all-expense paid travels and accommodation. Isn’t that just amazing?
Unpacking the point system
Now that you have learnt all about the perks of loyalty bonuses, it’s time to learn about the point system. Loyalty programs have various levels, and at each level, players receive rewards. These rewards are triggered based on the points players accumulate at the loyalty level.
Generally, these points are known as Comp Points (CP) and players earn CP with every real money wager at the casino and sometimes with every deposit. Usually, a ratio is applied to the loyalty program; for example, every $/€20 wagered will equate to 1 CP.
Each level of the loyalty program will have a CP threshold, and once players have accumulated enough points in a set time frame, they access the loyalty bonuses at the level. Players should note that you must be an active player for the loyalty program to claim loyalty bonuses.
It is confusing figuring out the point system and how the rewards at each level are determined and triggered. To better explain, we have provided readers with a comparison of two different types of loyalty programs and their loyalty bonuses from our list of MDC casinos. If you want to read more about these casinos, you can visit our MillionPot Casino Review and Igu Casino Review.
Unpacking the point system at MillionPot’s Loyalty Program
Players earn one reward point for every $/€40 wagered. Discussed are the points needed at each level and the rewards available:
- New Member (0 points; all players automatically enrolled) – fast withdrawals and a birthday bonus.
- Bronze Level (10 points) – 25 free spins, fast withdrawals and a birthday bonus.
- Silver Level (60 points) – 50 free spins, fast withdrawals and a birthday bonus.
- Gold Level (350 points) – 50 free spins, fast withdrawals, a birthday bonus and 50% bonus funds.
- Platinum Level (1000 points) – $/€50 bonus, express withdrawals, birthday bonus, higher limits, personalised offers, personal account manager and monthly cashback.
- Premium and Prestige Levels (Invitation Only) – $/€100 bonus, bonus games, express withdrawals, birthday bonus, higher limits, personalised offers, personal account manager and monthly cashback.
Unpacking the point system at Igu Casino’s Loyalty Program
Players earn one comp point for every $/€50 wagered. Discussed are the points needed at each level and the rewards available:
Mexico Level
- Stage 1 – 4 (10 – 40 points) – 10 – 40 free spins
- Bonus Mexico Level (50 points) – 200 Free Spins
Guatemala Level
- Stage 1 – 4 (70 – 130 points) – $/€40 – $/€80 Cash Bonus
- Bonus Guatemala Level (150 points) – $/€80 Cash Bonus
Belize Level
- Stage 1 – 4 (200 – 1000 points) – $/€200 $/€500 Cash Bonus and 15 – 30 Free Spins
- Bonus Belize Level (2000 points) – Weekly Cashback of 2%
Salvador Level
- Stage 1 – 4 (3000 – 20 000 points) – Weekly Cashback of 5% – 25%
- Bonus Salvador Level (30000 points and Invitation Only) – Secret Level
Comparison of the two loyalty program point systems
Based on the specs of each loyalty program, you can see that each casino has diverse rewards. If you want a loyalty program with various unique loyalty bonuses, then MillionPot is perfect. However, if you are after bigger cash bonus rewards, Igu Casino is the answer. The MillionPot loyalty program has a better point’s accumulation ratio, while both loyalty programs have an invite-only level, which is unrealistic unless you are a high-roller. The best online casinos will offer players a loyalty program with plenty of exciting bonuses for players, which provide value for money, and we encourage players to actively participate in order to acquire the kind of winnings you are after.
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