{"id":4236,"date":"2018-04-01T10:39:07","date_gmt":"2018-04-01T14:39:07","guid":{"rendered":"http:\/\/www.slotsmamma.com\/blog\/?p=4236"},"modified":"2018-04-02T11:38:54","modified_gmt":"2018-04-02T15:38:54","slug":"online-slots-vip-rewards-smaller-land-based-casinos","status":"publish","type":"post","link":"https:\/\/www.slotsmamma.com\/blog\/online-slots-vip-rewards-smaller-land-based-casinos\/","title":{"rendered":"Why Are Online Slots VIP Rewards Smaller than Land Based Casinos?"},"content":{"rendered":"

\"\"I’ve noticed that online slots VIP rewards tend to be smaller than those found in land-based casinos.<\/p>\n

An online casino typically awards 1 comp point for every $10 wagered. You can exchange 100 comp points for $1 cash.<\/p>\n

This works out to an exchange rate of $1,000 wagered for $1 cashback, or a comp rate of 0.1%.<\/p>\n

Land-based casinos typically offer a points-for-cash rate of 0.2% or 0.3%. This means you’re getting $2 or $3 cashback for every $1,000 wagered.<\/p>\n

Why are land-based slots comps more generous than online slots VIP rewards? Find out as I cover the main reasons below.<\/p>\n

Online Slots Offer Higher Payback<\/h2>\n

The average online slot machine offers 96% payback. This means that you’re earning back $0.96 for every $1 bet.<\/p>\n

The average land-based slot machine offers between 88% and 95% payback. This range varies based on the coin denomination, casino, state\/country, and gambling jurisdiction.<\/p>\n

Land-based casinos comp players more, because they make far more from the average player.<\/p>\n

Land Based Slots Comps Don’t Cost Casinos as Much<\/h2>\n

\"\"Many land-based casino comps are only worth the value that you’d pay for them. This includes free drinks, meals, hotel stays, and limousine rides.<\/p>\n

It’s definitely fun to receive these perks in land-based casinos. But you also have to consider that they’re not worth the same cash value to the casino.<\/p>\n

A land-based gambling venue may offer you a meal worth $50. But it only costs them $20 to prepare and serve it when all costs are considered.<\/p>\n

Online slots VIP rewards, on the other hand, usually consist of cashback. This means that $1 in comps equals $1 to an internet casino.<\/p>\n

Online Casino VIP Programs Feature Tiers<\/h2>\n

One more point worth making is that internet casino VIP programs offer different tiers. You can move up these tiers by playing enough slots.<\/p>\n

For example, you might start at the Bronze level. But you can advance to the Gold tier with enough betting.<\/p>\n

The advantage of moving up the tiers is that you can earn more rewards. And high-level VIPs earn much more than 0.1% on their slots comps rate.<\/p>\n

Land-based casinos also have tiers, such as Room, Food & Beverage and Room & Food. But these different levels aren’t as pronounced as what you’ll see with online casino VIP programs.<\/p>\n","protected":false},"excerpt":{"rendered":"

I’ve noticed that online slots VIP rewards tend to be smaller than those found in land-based casinos. An online casino typically awards 1 comp point for every $10 wagered. You can exchange 100 comp points for $1 cash. This works out to an exchange rate of $1,000 wagered for $1 cashback, or a comp rate …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11,4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts\/4236"}],"collection":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/comments?post=4236"}],"version-history":[{"count":5,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts\/4236\/revisions"}],"predecessor-version":[{"id":4272,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts\/4236\/revisions\/4272"}],"wp:attachment":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/media?parent=4236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/categories?post=4236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/tags?post=4236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}