What Are Loyalty Programmes and How Do They Work?
Loyalty programmes, in a basic concept, are reward programmes. Those programmes offered to players who play regularly at a betting site and focuses on the rewarding player based on how much they have wagered. In this way, we get to see that regular/ loyal players earn points for every deposit, and wager or bet made, exchange of these points can later be bonus cash or free bets among lots of other rewards. Whereas Sign up bonuses are designed to entice you to join a new site, loyalty programmes are necessarily meant to encourage you to keep on using the site. With the increasing number of betting sites available, the main difference between loyalty programmes is the waypoints earned are valued and thus taking the best advantage of these rates, means more satisfaction and rewards to keep you playing on and coming back for more.
Latest Betting Offers for Loyal Customers
Opt-in and place five or more live bets of £10+ before Sunday midnight and receive a free £10 bet for the following week
For every £200, that is in 20 x £10 bets placed through mobile, the customer gets a free bet worth £10.
The Top 5 Loyalty / VIP Programmes
Betway Plus is an independent scheme that rewards players for wagering/ betting, on Sports, as well as, playing on Casino and Bingo games. Every time you wager at Betway, you get TIER Tokens and Points. The Tier Tokens, determine your Betway Plus loyalty level. The Higher you Tier, the greater the rewards and benefits you reap. For every £10 wagered, you will earn up to 5 Tier Tokens; your level reflects the number of tier tokens you have earned in the last calendar month. The other benefit is the Bonus Plus Points. The further you progress or climb the tier status the greater the bonus points you shall receive when you play. They range from an additional 10% more points for Bronze members, through to a whopping 80% extra for Black members. Once the Plus points hit 5000, you can redeem them for bonuses, free bets, as well as, Credits.
In Sky Bet Club, you need first to opt-in to qualify and receive a free bet. All you need do is meet the waging requirement of £25 every week, and you shall be rewarded with a free £5 Bet each week. Once joined the Sky Bet Club loyalty programmes, you don’t have to opt-in again every week, you shall only be required to do so once you go more than two weeks without qualifying to a free bet. The odds of the qualifying bets are set or required to be at least events (2.00), and also paid bets don’t contribute. The programmes are available to all customers, and if you frequently find yourself meeting this betting requirement, it’s then definitely worth Sky Bet consideration.
William Hill info
Punters can earn points and redeem them for different rewards, including bonus bets, as well as, the velocity frequent flyer points. There is no cost in joining the programmes, eligible customers automatically opt into the system, and they begin earning points immediately. Points made, can be viewed on the William Hill Rewards page. It’s also worth noting that points made should be redeemed within two years of making them, however, if you don’t earn any points, or have usage transaction within six months; then you’ve done points balance will be forfeited and subsequently reset to zero. To redeem your Velocity Frequent Fly points, you will first need a Velocity Frequent Flyer membership, then use your points to redeem for a range of velocity rewards, such as flights, flight upgrades, among so much more from the velocity rewards store.
It is a weekly loyalty programme, where players get to earn the best free bets
based on your Sportsbook play. Every week, when you place a bet on Sports, your points consequently accumulate. The number of points earned each week, hence determine the level you have hit. The free bets made, are credited every Monday and are of course based on the previous weeks’ play.
BetVictor will reward your loyalty at all times, for they keep out an eye for players of whom have been active for more than a couple of month. Then depending on your frequency, that is how regularly you visit BetVictor, and your value as a player, that is the frequency of your deposits, not forgetting sessions in wins and losses, you stand a chance to join the BetVictor VIP Programme. If you are already receiving the weekly bonus cash or the cash rewards promos, then you are already on Victor’s radar. As a BetVictor VIP, you not only have a Personal Account Manager which you can communicate to anytime, you can also look forward to enhanced VIP bonuses, exclusive promotions as well as being invited to superb hospitality events!
Common Types of Loyalty Programmes and VIP Schemes
First, in loyalty programmes and VIP Schemes, we have the Cash Back Model. It is the most shared and straightforward system, quite simply, at the end of a particular set period, there is a certain percentage of the waging requirement payments. We have the best Free bets reward system of which is also very commonly used, instead of cash bonuses. The free bets to be awarded will depend on the waging requirements; all meant to entice you and keep you on coming back for more.
Highroller players are not essential that much different from regular customers, for they expect same advantages, but with reload bonuses, being at the top of their list. The loyalty bonus awarded when a VIP player subsequently deposits, is the most shared and minimal restriction applies, for just as the name suggests, players get rewarded with a certain percentage or flat amount whenever they make a deposit.
Cashback deal is another type of sports betting bonus, which bookmakers offer to their members, with high rollers being eligible for larger amounts, because of the enormous sums they tend to bet. The very nature of these types of sports deals implies that members will have a percentage of funds lost reimbursed, most a times in the form of risk-free bonuses.
In sports betting, players try to find top odds, since, in the long run, they mark the difference between marginal winning and subsequently a losing player. Breaking even is regarded as a setback to many of the regular players, but high rollers do know of the profit margin in finishing slightly above the profitability line, for they still make lots of money. Bookmakers thus are also meeting them halfway, through the implementation of rewards programmes consisting of slightly better odds going by the name, “Reduced juice promotions,” and cover most of the popular spots
Most loyalty programmes or campaigns, revolve around the collection of points, earned through action that implies of real money. Bookmakers are indeed truly offering players the golden chance to make money free of charge, while players bet in sports, or play poker, or online casino games. And unlike promotions which focus on niche points, as well as, limiting the freedom of action, accumulation of loyalty point is in no way restricted. Those wagering larger amount will, in turn, collect this points much faster, and there are also certain games of which are well suited to speed up the process. Additionally, those climbing the letters in a chain, and consequently joining VIP are set to enjoy some preferential terms when it comes to the rate of point collection or accumulation, than would an average player. What the result in loyalty bonus is having the points converted into real cash, there is a crossing of a certain threshold. While regular players are most likely to convert loyalty points to cash, high rollers prefer getting branded merchandise. Depending on the operator, the betting loyalty programme can indeed allow members to purchase high-tech gadgets, jewellery or even in some cases cars.