Loyalty points, comp points, VIP points, status points, call it whatever you want, but the reason they exist is to reward you. Comps are a nice benefit that you receive back from an online casino, on which you made a lot of real money bets. If you find such a casino, you should definitely use the opportunity and collect some comp points to redeem them for real rewards. Let us shorten your searches and give you a list of Canadian casinos that feature great loyalty programs and rewards.
Best casino loyalty programs
Most online casinos in Canada feature a comp point system, meaning in order to get rewarded, players need to earn points. However, there are online casinos that have a different rewarding scheme. For example, Yoju casino VIP club rewards players after they make deposits on a certain sum of money.
Besides, loyalty programs may differ depending on the method of entry. Some casinos make everyone get enrolled into a loyalty scheme automatically as soon as they register. Others invite only particular players to VIP clubs.
What are loyalty points, and how do they work?
Loyalty points are “moneys” inside the loyalty program of a casino. They are also called comp points for complementary. These points are used by online casinos to reward existing players for staying and playing on their platforms.
To get some points, players need to wager real money on games and other betting options. Some sportsbooks also feature loyalty schemes.
As soon as you collect a certain amount of comp points, you can exchange them for rewards. It can be bonus money, cash, free spins, cashback, or something else, depending on the rules of the program.
Check out the best cashback casinos in Canada in our blog.
How to start earning loyalty points
The first thing you need to keep in mind is that loyalty points are given for real money play only. So when you are playing in demo mode or with bonus money, you are not earning any points.
As a rule, you receive a point when you place a real money bet. The number of points for one bet depends on the size of your bet. Usually, online casinos give 1 point for each $1 wagered. But it can be different depending on the casino. Some operators give a point for each $10 wagered, each $50 wagered, and so on.
Besides, you need to find out what games qualify for receiving comp points at your particular casino. Some loyalty programs give points for playing slots only. For example, at Spinia casino, you need to play slots for real money in order to get loyalty points. So, this gambling website will suit slots fans.
On other gambling platforms you can earn points and get rewarded regardless of what games you play for real money. However, games can have different contribution rates. For example, if you bet $10 on slots, you receive 10 points, but if you wager $10 on table games, you receive only 5 points, etc.
These rules are usually mentioned in the terms and conditions in the section of the loyalty program. So make sure to understand how comp points are collected before you sign up for a casino loyalty scheme.
There is one more thing to keep in mind. Depending on the level/status of your loyalty, you may have a different and better rate of your bets to points. So the higher your level, the better.
How to exchange loyalty points
Loyalty points can help you recover from a real hard gaming session, at which you wasted all your money. Or it can be a nice bonus to what you have already earned during the day. So when you have enough loyalty points on your casino account, you can exchange them for a reward. These little bonuses can come as wager-free money and spins. But sometimes, players have to wager them in order to cash out.
Depending on the rules of the program, a reward can be anything from:
- Cash. Wager-free money that a casino credits on your account.
- Bonus money. A casino loads up your bonus balance with credits that you have to wager.
- Free spins of different value per spin. A set of free chances to play slots.
- Reload bonus. A match bonus for existing players.
- Deposit bonus. A bonus that you receive upon depositing.
- No deposit bonus. A bonus that you get for free without making a prior deposit.
- Cashback. A percentage of your losses that a casino gives you back.
- Merchandise. Some goods with the branded symbolics of your online casino.
There are many types of incentives that a casino can give you as part of a loyalty program. So don’t forget to choose an online casino loyalty scheme according to the preferred kind of loyalty reward.
Be careful with loyalty rewards
Remember to read the terms and conditions of those rewards anyway, because even cashback bonuses have wagering requirements sometimes. If your goal is to earn as many points as possible and get extra rewards, we recommend that you choose a casino according to the loyalty program, its rewards, and their terms.
It’s way better to know that your casino will reward you with some cash that you don’t have to wager than suddenly realize that you need to wager your cashback 50 times before you can actually get it.
Besides, T&Cs always mention for how long you can keep your loyalty points. They have expiry dates at some online casinos. So if you fail to exchange points on time, you might forfeit them.
The best way to earn casino points
As you may have already figured out, the more money you wager, the more points you earn. The thing is you need to be smart when choosing between loyalty programs. It’s certainly better to choose a casino that gives a loyalty point for each $1 wagered on any game. But if you prefer slots and you are planning to play slots only, then why not choose a website that gives points for slot wagers?
That being said, comp points and all these loyalty schemes appeal mostly to high-rollers as they place big wagers. Obviously, the bigger your wagers, the more points you get, and the faster you move through the levels. And the better rewards you have!
So the best way to earn loyalty points is to place bigger wagers. However, you should always remember about responsible gambling and never bet more than you can afford to lose.
Place bets and get rewarded!
Regardless of the fact that you may already earn enough by simply playing games, online casinos give you a chance to get extra money. On the one hand, loyalty programs are a method to encourage players to bring money to online casinos. But on the other hand, players get back a percentage of their money in addition to their winnings and other bonuses. So all these loyalty schemes and VIP clubs are great all around.
Loyalty programs usually have levels or statuses that players need to achieve. You can find your current status in your casino account. Besides, you will see the number of earned loyalty points and available rewards.
Online casinos that offer rewards in exchange for loyalty points have special exchangers. Usually, you can find them at your rewards section. Or you can also go to the loyalty program page to exchange your points for bonuses.
Yes, they do. This is why you need to exchange comp points and use bonuses as soon as possible. To find the exact timeframe during which your bonus is valid, read the general bonus terms.