Like all businesses, casinos spend millions of dollars each year trying to reach frequent gamblers and to convince them to gamble within their establishments. Since players can choose from hundreds of different establishments in many regions, some of the more innovative casinos decided to offer special perks for their most frequent customers. Most of these reward programs work on a sliding scale; meaning that the more that a player wagers, the more incentives he could possibly receive.
online casinos have taken the VIP reward program to an entirely different level. Since they can not bribe players with trivial things like free buffet dinners or a complimentary room upgrade, the rewards are often much more substantial at the higher levels. In fact, some virtual casinos even give out large sums of cash money every month just to keep those players happy. Overall, they still save money though because it keeps them from having to chase the high rollers and frequent betters through global advertising.
It really varies between the different virtual casinos, and in many cases the terms and conditions are sometimes misleading. Any legitimate online casino will have a VIP loyalty program that offers multiple bonuses for players depending on how much money they wager at the website every month, and some of them may include-
Again, it varies by casino and the programs that they have implemented. In most cases, however, the VIP programs are completely automatic and tied to each user’s account. Their system then tracks each of your bets to determine a monthly average of your playing activity. Once a certain threshold is reached, the player becomes eligible for additional bonuses and rewards.
Also, most legitimate online casinos track how much money is played through some type of “bonus point” system that counts towards your monthly activity. This type of formula is used to simplify the math, with each VIP level granting better rewards.
In most cases, wins or losses have very little to do with the overall formula. However, casinos grant their bonus points on the lesser of overall amount won or the total amount wagered. For example, if you placed a $100 wager on a race horse that has 2:5 odds of winning, the payout would be $40 (plus your original $100). Most casinos will only grant loyalty points on the $40. This would only apply when the odds were less than 1:1 though; for all other wagers, VIP loyalty points are accumulated on the amount actually wagered.
Some of the better programs also offer “bad beat” kickbacks when their VIP’s hit a series of poor hands. The free money associated with these programs is normally based on the rewards level of the player, with the higher tier users receiving the most protection.
It varies between programs, but in most cases the lower tiers remain in place for life once a certain criteria is met. For example, at BET 365 players must remain at a certain tier for three consecutive months for it to be counted as permanent. Of course, if their total wagers move them to the next highest level for the following month, they are eligible for those additional benefits as well.
At LilDavesLife.com, our main goal is to ensure that you have the best possible information when it comes to earning big deposit bonuses, qualifying for invite-only casino tournaments, and picking up as many freebies as possible along the way. Some of our loyal readers earn thousands of dollars per month straight from their favorite online casinos because they understand how VIP systems work…and we’re willing to tell you each and every one of their sneaky little secrets. There’s absolutely no reason why you can not be getting these same online rewards as you gamble on the internet, so luckily you have found the website that will teach you how to do it.
LilDavesLife.com is not some type of membership website where we make you pay upfront fees for insider secrets; every article we produce on the world of online gambling is available for all of our readers absolutely free of charge. In fact, the only thing we ask of our loyal readers is to bookmark this page so that you’ll always have quick access to the best online rewards available in cyberspace. This page is updated every time a new promotion or offer is available from quality online casinos, so be sure to check back often!
You will also find quite lucrative VIP Programs in the real money poker vertical. If you’re a Texas Hold’em aficionado then please check out www.realmoneypoker.org for the best Poker Tournaments for real money.
When looking for a trustworthy casino site, we stick to the most legit brands at LilDavesLife.com. One of the other signals that we look for in a reputable online destination are ease of credit card deposits, for example, do the target sites accept amex ? Do they accept Paypal ? Some may be looking for specific software, for example the new rtg casinos of 2012. In any case. although there are dozens of factors in such a selection, including loyalty offerings of course, you typically only end up with a brand or two that you want to try out.
That’s really a typo, because our readers really earned closer to $190,000 last month by capturing some of the best VIP and signup bonuses from Bet365.com and various online casinos and sports betting sites around the web. Now, you’re probably wondering why you personally haven’t heard that so much free casino money is floating around through cyberspace, and the answer to that is extremely simple…you didn’t know where to look.
Each of the above recommendations was not picked at random; our staff spends nearly 23 hours per day trying out various gambling sites and evaluating their VIP programs. Now, there are thousands of online casinos and sportsbook sites out there and each of them want your business pretty darn bad, but a few of them really get crazy when it comes to loyalty programs. In fact, some of them offer their top tier VIP’s $10,000 or more in free money per month with no strings attached…meaning that you can transfer it straight to your bank account without making even a single bet.
Of course, it is not easy to reach this level of VIP supremacy and it may take the average gambler several months to start seeing serious free money flowing their way. Our website is designed to reduce that waiting time as much as possible and eliminate any learning curves associated with finding the right online casino; all you have to do is place smart, consistent bets and wait for the royalty checks to pour in.Share on: