Keeping regular players satisfied and maintaining a good player base are some of the key focuses of online casinos. The casinos whose prime focus are the players usually offer special bonus program also called loyalty or VIP program that rewards the players that deposit and play regularly. As players bet and play casino games, they are given comp points. Over time they gather enough points that they can redeem for real cash. Along the way, they also enjoy other perks like higher VIP status and exclusive bonuses and promotional offers.
To learn how you can redeem more cash with comp points and enjoy many other treats, read the following detailed article about comp points, how they work, how to gather more points and, in turn, earn more real cash.
What are Casino Comp Points?
Comp points (or complementary points) are available at both land- based and online casinos. The casinos on the Internet give away these points to their regular players and valued customers as a token of their loyalty. Very often online casinos automatically register new players to earn comp points once they complete their registration process and start to play. The program usually works as follows:
- Regardless if they win or lose, for every bet they make, players earn comp points.
- The number of comp points players earn depends on the amount of bet and the games they play.
- After accumulating enough points, players can exchange them for real cash that will automatically be transferred to their online casino accounts.
How to Earn Cash from Comp Points?
Before we explain how you can earn cash from comp points make sure that you check if the casino of your liking offers comp points. This type of loyalty program is not available at each and every casino.
The next step is to learn how you can efficiently gather comp points. Generally speaking, 100 comp points give you 1 currency unit (£1/€1/$1). But, as mentioned above, not all games give the same number of points. Slot games, for instance, give 2x comp points for every $10 wagered instead of 1x. This example is equivalent to returning 0.3% of bets on slots and 0.1% of bets on blackjack. The reason behind this is that slots are not as advantageous as other casino games like blackjack. Some video poker and table games usually earn you smaller number of points.
Another thing you should take into account if you wish to earn more cash from comp points is your VIP status. Most casinos that have this loyalty program offer better comp point conversion rate to VIPs, depending on their level. The higher the VIP rank, the better conversion rate you get.
Last but not least, if you want to gather more points, look for special game promotions like “Double Comp points” that usually offer 2x the usual rate for a specific game and/or time period. Such similar promos will give you more comp points and, in turn, more cash.
Shape and Size of Comp Points
Not only you can redeem your comp points for cash, but you can also exchange them for other goodies. Some examples include free chips to play with, free meals and gifts, free tickets to shows and so on. The size of the comp points varies on the individual player, the circumstances, the casino etc. Some of the largest comp point gifting may be an all- inclusive stay at a casino for a couple of days or expensive accessories that could worth more than $60,000.
Head over to our VIP & Loyalty Programs section if you are interested in finding out more about what top online casinos offer their VIP players.