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LOYALTY (VIP) BONUSES
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Real casinos have created an environment for their users over the years. They have been offering various programs and features that attract players. Apart from these, these programs create an edge for users to stay loyal to the casino. One of these trendy programs that have been popular over the years is the VIP program.
VIP programs are bonus treats to the members but cannot be called bonuses. This program has been offered in various casinos around the world. That’s why players need to know what they are.
VIP Programs in real casinos
VIP programs in actual casinos are extra benefits given to its members. These can be in terms of entertainment. They have additional advantages over other players and may have access to bars and other bonuses.
VIP programs in Online casinos
Online casinos are very similar to real-time casinos. They have taken up features from these casinos and have designed for more benefits. Players who enroll in VIP programs are given more access to bonuses and entertainment than other members. They can also participate in the world championship games or Live-casinos. They are given first-hand priority over the games.
They also benefit from cashback. Many casinos send virtual and physical gifts to their VIP players.
Types of VIP programs
Popular series of programs are divided into different tiers. Each tier has additional benefits for its players. They work on the logic; The more help the player provides, the more they play. They also benefit in terms of other casino programs.
Lower tiers may have lesser benefits than higher tiers.
Each tier offers different bonuses. The higher level may have higher bonuses like a free spin wheel, no-deposit bonus, and much more. Apart from the bonus higher tier offer players special entrance to the game and admissions to tournaments. Some online casinos offer tutorials from expert players to their VIP members. Lower tiers are maybe limited to bonuses and cashback.
Many smaller casinos may not have these tiers and may offer only one plan to their users.
How to enroll for VIP Plans?
In live casinos, the membership is only a limited amount of people are given access to these programs. Real casinos may issue a membership program for their existing users. A specific amount needs to be paid to get access to the membership. These users are selected based on the games they play, Their wagging patterns, and the period they have been coming to the casino.
Whereas accessibility to the VIP plans may differ in online casinos than live casinos. Online casinos may provide the VIP plan to everyone, and Any member can pay for these plans and get access to the benefits. The majority of the casinos follow this pattern. There are online casinos that follow the pattern of live casinos. They limit the access to VIP plans to limited members and are not open to all.
Casinos have created various strategies to bring players to their platform. One of the most working plays is the bonuses. Bonuses are the added funds that the casino provides the players on specific terms and conditions. Here is a list few bonuses that casinos offer today.
1. Welcome to the casino circuit
Welcome bonuses are the most common and popular bonuses that the casinos provide. Once the player signs into the casino, they are awarded a welcome bonus. This bonus is open to all new users. These bonuses have decent wagering requirements.
2. Deposit bonus
The deposit bonus is the fund added to the player’s account when they add their first deposits. Some casinos offer bonuses on every deposit. Deposit bonuses encourage players to add more and more funds to the performance and motivate them to play.
3. No-deposit bonus
No deposit bonuses are the bit treats the casinos offer their players. These are complimentary bonuses given by the casinos. They do not come around a lot, and if they do, players are recommended to grab this little treat.
4. Sign up bonus
Sign-up bonuses are bonuses given to the players when they sign up and make a deposit. These are the combination of welcome bonus and deposit bonus. The bonus may differ from casino to casino and combined with free spins and much more.
5. Free spins
Spinning and winning are part of casino games, but free spins are a bonus. Free spin can be defined as spinning the wheel, and the arrow decides what your luck says today. These free spins are awarded when a player signs up in an online casino or combined with a deposit bonus.
6. No deposit free spins
No-deposit-free spins are also the little treat that comes with rare occasions. These little treats are not be missed and should be taken full advantage of.
7. Cashback bonus
Cashback bonuses are provided to the user on adding funds to the accounts. A certain percentage of the amount is provided as a cashback to the user. This cashback may not be a large sum but benefits users in every go.
8. Reload bonus
Once a user adds a certain amount to their account, they are provided when a player adds a sum to their account. These bonuses are based on a fixed ratio. For example, 20% of the deposited bonus is added as the reload bonus.
9. VIP bonus
VIP bonuses are limited to players who have enrolled in the VIP programs. These players get special access to games and other features before a non VIP programmer will do. They also have access to VIP bonuses which are given free spins or no deposit bonuses. If the player wishes for these benefits, they need to enroll in the VIP bonus program.
Apart from these regular bonuses, Casinos have worked on various bonus plans to attract players worldwide. Check out this bonus and win big jackpots.
The concept of wagering requirements confuses the players. It is one of the most unknown concepts that are talked about while working on casino conditions. Here is a complete guide that one needs to read to know everything about wagering requirements.
Wagering requirements vary depending on the bonus and deposit amount. Most of the time, a bonus or deposit must be wagered 35 times to be considered valid. When it comes to the percentage that a specific game contributes towards a player’s wagering requirement, it affects the rate that other games contribute. For instance, table games such as poker contribute a lower percentage than slots. Instead of being controlled by regulators, bonuses are governed by specific terms and conditions known as wagering requirements.
What is the Wagering requirement?
The wagering requirement means that the player needs to wager 40 times, the bonus that ables them to withdraw the amount. It is a number that presents the number of times the player needs to wage before they get the reward. These requirements are usually given while withdrawing free spin bonuses and welcome bonuses.
A wagering requirement is a calculation that shows how many times you have to play before withdrawing any winnings.
This is how wagering requirements work?
To receive the £20 bonus, I must spend £200 on eligible games. If I win, I need to spend £200 more to withdraw the remaining funds. The player will keep any winnings made while meeting the wagering requirement in a pending balance until the end of the day. Wagering requirements for bonuses apply to all accounts. Once a bonus is accepted, players must wager all funds before they are released.
The Player will keep any winnings made while meeting the wagering requirement in a pending balance until the end of the day. Wagering requirements apply to all accounts from when a bonus is accepted and until the account is opened.
Some casino games do not count the wagering requirement. It is advisable to check the terms and conditions before claiming any bonus.
Is there any time limit?
Bonuses may come with a time limit. Many casinos restrict the reward for a particular time. These may be 30, 60, or 90 days or maybe more than that. These limits may affect the player’s game.
Let’s understand how.
The playthrough requirement is x20, which means that it has to be met in 30 days. If you deposit £100 and get £100, you will lose £2000, which means that any winnings will be void. For cash flow reasons, many casinos have time limits. They can’t give you their money forever, and this will make it hard for them to meet their operating expenses.
At the end of the day, it all comes down to free money. That means, if you play the Mega Moolah game, you could end up with a progressive jackpot.
When it comes to attracting new players, an online casino must offer various promotional and bonus offers. However, once the player has already made a purchase, the online casino must also retain them. Online casinos often retain existing players by offering bonuses and rewards for repeated deposits. In addition, they can also have a good Players Loyalty Program. A loyalty program is a system that gives players gaming points for playing Real Money online casino games. This system works by rewarding players with higher stakes and more bets.
Once you have accumulated enough gaming points, you will receive rewards from the online casino. Some of these are big prizes, merchandise, and loyalty programs. The concept of gaming points is simple; they are points that are given for every dollar wagered. However, in some online casinos, they give different gaming points depending on the game being played. Some online casinos also have higher cash credits for players who wager more. These are typically worth more once they reach a certain level of wagering.
How a Loyalty Program Works?
The Idea behind the loyalty programs may differ from casino to casino. But there are some common features that each casino practices. These are –
- Loyalty pragrams members will have an early access to new product or services that the casino may introduce.
- They are given first hand priority will there is any special sale or bonus.
- They are provided with enhanced services at the casinos.
- There are given free bonus and free wheel spins. They also have added advanctages than other players.
- There are accessible to world tournaments and games.
How to join a loyalty programs?
To answer this you need to play a game. That’s right. Many casinos offer loyalty programmers to gamers who are indulge in playing games at the casino. FOr every win, they are awarded with points with are exchange with loyalty program.
Some casinos that are popular for their loyal programs
Some online casinos have designed very unique loyalty program that have inspired many casinos to adapt these programs. Few of these programs are –
1. Royal Panda
Loyal Panda is a loyalty program that rewards players for making minimum wagers at Royal Panda. Players can earn points by playing at certain games and then exchange them in the loyalty shop. The Diamond and Gold levels are reserved for players who have earned loyalty points. These levels do not require any wagering requirements.
2. Leo vegas
Like other VIP schemes, LeoVegas has a loyalty points system that works seamlessly. There are multiple levels to reach, and each level has a different amount of points that you can accumulate. Unlike most platforms, LeoVegas gives you points for just about any wager that you make. VIP members are rewarded monthly with bonuses based on their performance. These are usually based on their points total. They also have a variety of reward draws where VIPs can win real-world prizes.
Any small or big casino will love to engage with their players. Loyalty programs are an classic example for the same.
KYC (Know Your Customer) is an essential set of processes related to banking and financial institutions. To know what a customer exactly wants what could satisfy them is the best form to fulfil it. This help the banking and financial processes get enriched and go smooth enough. So, we have mentioned all the essential aspects that complete the KYC process!
What exactly is KYC?
KYC, also known as “Know Your Customer”, is a set of processes allowing banks and various financial institutions to confirm the identities of organisations and individuals they have partnered with through business and ensure the entitles that act legally.
What does KYC do?
Not only do KYC allow banks and other financial institutions to confirm identities, but an effective KYC safeguards companies from doing business with individuals or specific organisations in illegal activities, such as corruption, terrorist financing, or money laundering. Also, it permits financial institutions to gain a better understanding of their businesses and customers, providing decent insights for financial institutions.
Traditional procedures in a KYC process
Most financial institutions begin the KYC process by asking their customers to give a bunch of essential information regarding their individuals and business operations. This will include the name of the company’s directors, national insurance number, business address, social security numbers, company number, etc. Along with this, there will be details asked pertaining to entities from open sources like addresses, names, registration numbers, annual reports, and stock exchange limits.
How does the process proceed further?
After collecting all the essential information, it is compared to the lists of organisations and individuals known by the law enforcement agencies and governments. There are specific aims by the lists. They are:
- Identification of individuals who are suspected of being a part of any criminal activity
- Providing intelligence on firms or individuals suspected of being a part of money laundering or bribery
- Identification of Politically Exposed Persons (PEPs)
- To get details about the international sanctions companies or individuals’ jurisdiction falls under.
US Department of State sanctions lists, State Sponsors of Terrorism list, Speciality Designated Nationals and Blocked person Lists (SDN), Transparency Index Lists from Transparency International, Financial Action Task Force lists (FATF) are some of the prominent examples of internationally published lists ever!
What is the need for KYC?
As mentioned earlier, an effective KYC can detect illegal activities taking place in this particular field. KYC is significant to combat unlawful activities used in the financial sectors to hide or move money, central banks, and governments globally. Also, the focus on KYC has maximised due to the increase in financial crime activities today, globally. Regulators are trying their best to strengthen KYC checks and have adapted the best methods to do so and thus, curb illegal activities in financial institutions!
Casino bonuses are a popular feature that attracts games to different online casinos. Many casinos offer additional casino bonuses to bring users to their platform. Are you wondering what is a casino bonus and how does it help gamers? Here s a complete guide.
A casino bonus is an additional fund that is given to the gamers to play. These funds are provided under different conditions like a welcome bonus or spin the wheel.
These bonuses are provided only under a few terms and conditions. Only if the user meets, the wagering requirements are they eligible for the prize. It is worth taking any kind of bonus that the casino provides the user. The trick is incredible. But, there is “but.”
Why Does casino Provide you bonuses?
With a new casino coming into business every day, the company is highly competitive. The reason is why casinos are working on their strategies to bring in new players to their platforms. That’s why casinos have reinvested their plan into casino bonuses.
Today, casinos are offering the various bonus. The welcome bonus, spin the wheel, deposit, and non-deposit bonus are a few popular bonuses provided to every player. Apart from this, there is a VIP program that gives players access to various other VIP bonuses. These bonuses can always be converted to real cash. The trick is “how”?
How to cash out a bonus?
To cash out bonus from the casino, the players need to play on this bonus. Each casino adds wagerer requirements that are attached to the prize. The player needs to add deposits or funds that can be used to bet on different casino games. Other casinos may have additional terms attached to the bonus points. So, check which casino bonus is profitable.
Should one take up these bonuses?
The answer to this question depends on the terms and expectations that the player has towards the casino. Apart from this, The player should also check how the casino allows the player to use the bonus provided. The player should also check the house edge and the wagering requirements of the casino.
These bonuses are provided to benefit the gamer. The more funds the player has, the more they can bet on the game. The bonus will ultimately increase one’s chances of winning in the game. There are multiple casinos that players can choose from and take advantage of the same. But it is essential to understand which casino provides the best value to the player. A big bonus may not mean that the casino is giving in a profitable deal. Smaller casinos may not offer a heap of extras but may provide a beneficial win.
Can you withdraw the bonus balance?
The ideal answer to this question is no, and One cannot withdraw bonuses. The bonus amount can only be removed when it turns into a winning bet. The player needs to start wagering. The winning chances are then converted into cash and can be withdrawn.
Make ultimate use of the free money that casinos provide you and take home a bog jackpot.
Casinos are not only about making money through what a player plays and gambles on the same basis; but, it is also about making sure that they get something in return for spending so much time and money in casinos. To ensure the same, one can join VIP loyalty programs offered by online casinos accompanying rewards, cash prizes, and casino bonuses to provide the same. So, we did not want you to miss out on this golden opportunity and have lined up some best online casino sites with the best offers on their VIP loyalty programs. Take a look at them and enrol yourself while your home welcomes you with cash prizes and rewards!
Royal Panda, an online casino site, offers its players the best loyalty program, Loyal Panda. This straightforward and advantageous loyalty program offers its players loyal points for gaining minimum wagers at specific Royal Panda casino games to earn points for the loyalty program. The loyalty points earned by the players can be exchanged in their casino loyalty shop for a massive spectrum of gifts and rewards such as real-world prizes and free plays!
Highroller casino mainly focuses on high-stakes gaming and high-limit casino play. This online site offers various casino games such as Three Card Poker, Blackjack, American Roulette, American roulette, London roulette, Speed Baccarat B, Immersive Roulette, Casino Hole Em, great live casinos, accompanying with exclusive high roller bonus. There are evergreen and nostalgic casino games, such as Poker, roulette, blackjack, baccarat, and many more!
The site offers a deposit bonus of up to 200% and has a rating of 4.5 stars.
What are some of the most common rewards and loyalty programs offered by most casinos?
- Account manager: Having an account manager of your own indeed makes one feel like a VIP. This is one of the famous rewards offered by the most famous and popular casinos ever. Also, this reward is being provided to only the most trustworthy casinos who have proved their worth in every single chance that they have got!
- Cash Back: Cashback is a part of a casino bonus that is at the highest on the list when it comes to the favourite VIP rewards of the players. With the assistance of this reward, a player gets a percentage of their wagered money in return as cash. Yes, you read it right! No bonus but real cash!
- VIP Tournaments and events: These VIP matches are associated with both online and offline casinos. These rewards include getting free tickets to enter contests and tournaments where players have a great chance of winning huge jackpots and prizes. Typically, the greater the VIP level is, the more exclusive the players gain entry to the VIP events!
If you want to hit the online casino and start ranking first in bonuses, you need to learn about wagering requirements. So, we have lined up some answers to all the most questions asked about wagering requirements such as definition, its impact, calculation, gameplay, etc. Let’s go!
What does wager refer to?
Before directly jumping into what exactly are wagering requirements, one needs to be clear with the basics and learn about “who is a wager?”
Put in simple words, and a wager refers to a bet. But, does a wager mean bet in online casinos too? Yes!
It refers to the amount of money that a player stakes with each hand f cards, sports matches, or spin of reels. Also, it can be referred to as the amount of money that a player bets overall in a particular period or a session.
What does “wagering requirements” mean?
When a player signs up at a new online casino or takes advantage of the promotion at one casino they play with, they will have to encounter many bonus offers. Wagering requirements involves free bets, free spins, and cash bonuses. Well, what if we tell that these offers come with strings attached and are known as wagering requirements? Yes, it is true!
How do wagering requirements function?
Wagering requirements function differently based on the type of casino bonuses. If a player is offered a cash bonus, they will have to wager through a specific multiplier before withdrawing any winnings or related bonus funds. If talking regarding free spins, the multiplier applies to the winnings only, as they do not come with a specific cash amount.
Selection of casino
Mentioning about casinos, some of them have wagering requirements of 50X or more than that; on the other hand, some will have less than 30X wagering requirements. It would be beneficial if a player chooses a casino with favourable bonus terms and has background research to discover if the casino has earned a good reputation in the field. Also, one should make sure that the casino has a proper certified license and is regulated, can be used in a simple way, and has easy access to the customer care service if the players or customers have queries and issues to discuss with them.
Selection of casino games
One should be aware that every different game will contribute differently in various percentages of the best place to the requirements. Before choosing a casino game, research which game is qualified and what per cent of your bet they contribute. Also, you might be profitable and meet your requirements faster if you choose slot machines rather than gaming tables and card games as they might contribute 50% only or even less than that.
Casinos are the perfect destinations for people who admire gambling. The casinos indeed have their tricks and techniques to attract their customers, which includes “bonuses.” Every customer will look out for profits and discounts in return while buying, playing, or using something. Thus, casinos offer bonuses named “casino bonuses” to their customers. Let us look at the different types of casino bonuses offered by casinos!
Most people have heard about the welcome bonuses in casinos. As the name itself tells, a welcome bonus refers to the casino’s reward to the brand new players that have entered their casino for the first time!
Also known as a sign-up bonus, the bonus usually comprises a matchup where the player is offered a specific percentage of their initial deposit from their casino. These welcome bonuses are often combined with other types of casino bonuses like free spins and so on.
Free spins refer to free rounds on particular slot machines. The bonuses can be offered with a combination of offers too. As mentioned earlier, free spins are provided with welcome bonuses. Free spins are great ways to increase your chances since you will win money even without risking your money. There are different types of free spins, such as no deposit free spins, deposit free spins, and free spins without wagering requirements.
Cashback bonuses might be familiar to most of us. This casino bonus just works like the cashback offers on any company, basically like a standard discount. This refers to the casino giving the player a specific percentage they have played during a particular time. This casino bonus tends to be connected to the losses that the casino provides the player with as a part of what they have lost back.
Often referred to as VIP programmes, they are not a type of bonus offered in casinos; but, it is the most common thing every casino offers. They are typically divided into three tiers where players get more advantages the more they play. While completing one level and jumping to the next one, the players are offered other casino bonuses such as free spins, cashback, and so on. In some cases, the player might also be offered free entries to tournaments and physical gifts. This program is mainly preferred by players who gamble in casinos regularly and spend a lot of time spending their money and trying their luck for a long time.
No Deposit Casino Bonus
No Deposit Casino bonus is also referred to as a free sign-up bonus. It is one of the most profitable and best casino bonuses ever as it does not expect anything from the players.