Are you trying to learn more about comp points and how to take advantage of them when gambling online? You have come to the right spot. The aim of online casinos is to keep players loyal for as long as possible. Obviously, there’s no better way to do it than offering them some incentives for coming back.
Compensation points are actually rewards for a player’s consistency. They are freebies that players earn every time they play casino games for real money. Once they’ve collected enough points, customers can redeem them, usually for cash, but sometimes for other rewards too. Make sure to read our detailed guide to learn more about this attractive loyalty program.
Complimentary points are handed out for free and only to players loyal to the casino. They are a reward for consistent players, and they’re called complementary because they’re free and may lead to some incredible rewards if appropriately used.
Now, competitive points are something else. These have nothing to do with online gambling and have everything to do with online gaming. If you’re an experienced gamer, you already know that credits are the most used currency. Well, competitive points are the alternative, and gamers use them to purchase in-game features and tools.
In land-based casino venues, compensation points mean free alcohol, private parking or VIP access to an exclusive lounge. While things are different when playing online, complimentary points are still a way for the casino to compensate players for their loyalty.
The way that this rewards system works is pretty straightforward. You are not required to fill any forms or solve some complicated puzzles. All you need to do is choose a game and start playing with real money. Usually, online casinos will give you one comp point for every $10 you bet, but it depends on the operator. These are automatically stored in your casino wallet, and once you collect at least 100 or 1,000 or whatever the minimum is, you can redeem them.
Now, what you can redeem the points for depends on the operator and its rules and regulations. Most online casinos will let you to exchange them for real cash, which you can later use to play more games. Only a few brands will allow you to exchange points for express cash that goes straight to your withdrawable balance. Finally, some of our favourite online casinos prefer holding competitions and tournaments where a comp point is the main requirement for admission.
As we said, understanding how compensation points work is simple and easy. Players only need to pick the game they want to play and have some real cash in their casino account. For every $10 you bet, you will be rewarded with one comp point. There’s no limit on how many points you can collect, and no strings are attached. Even better, it doesn’t matter if you win or lose – you’ll still get points as long as you’re playing.
Are you wondering how complimentary points are calculated?
Let us give you an example. Let’s say you are playing at an online casino that offers one point for each $10 you wager on real money games, and it gives you $1 for every 100 points you collect. It means that to earn a dollar in comp money, you need to bet a total of $1,000. Some games, however, contribute less towards the comps. For instance, high RTP blackjack may contribute only 20% of the bet. In this case, you’ll have to wager $50 to get one point.
Usually, there’s a minimum amount of comp points one must collect before exchanging them for cash or rewards. For example, you may need at least 1,000 comp points before trading them for $10.
All the points you’ve earned while wagering and playing your favourite casino games are stored in your balance. Once you’ve collected the required minimum, you can immediately exchange them for real cash. The more you play, the more points you can earn and the more money you can redeem later. Your balance will keep growing as long as you keep returning and playing, and it won’t reduce until you finally decide to cash the points out.
Cashing out is very simple. You can find all complimentary points information in your casino account. All of the details are available, including the total amount you’ve accumulated, the amount available for conversion and, of course, the conversion ratio. From there, you can enter the amount you want to redeem, press the ‘Convert to Money’ button, and you’re good to go.
As we said before, it doesn’t matter if you win or lose the games you’re playing. What’s important is to bet and be present. However, we also have the advice to help you get the most out of this reward system.
For example, a better loyalty or VIP status can increase the number of comp points you get for every $10 wagered. So, you want to obtain a better status at the casino. After playing for a while, try contacting support to negotiate a better deal for yourself. Also, play low house edge games. This way, you’ll play longer and, therefore, wager more money and collect more points. Oh, and don’t forget to see what games have the highest bet contribution towards collecting comps.
In land-based casino facilities, you can also dine in their restaurants or stay in their hotels. This will also get you comp points on your member card.
The most common type of complimentary points at online casinos are those that convert into cash. They are easy to track and keep things simple for everyone involved. However, operators try to stay relevant by taking things a step further. So, besides unique online casino promotions, they also offer unique types of comp points.
Depending on the scheme and policy of the casino, you can expect various surprises. Faster withdrawals and better limits are among the perks players can get with comp points. Naturally, some casinos let you exchange points for free spins instead of cash. In some cases, you could use them to take part in exclusive promotions or to claim exclusive bonuses.
Among the players with the highest VIP statuses, comp points are even more valuable. Expect weekend getaways, exclusive trips, tickets to events, and more. Some casinos even have their own online shops where users can purchase cool gadgets and products with their comps.
Being a loyal player at a specific online casino means you are a regular member that frequently plays there. In return, you’ll get a pat on the back in the form of comp points. That’s a huge benefit for customers because these rewarding points usually come without strings attached, and they’re not dependent on the game outcome. You will earn a point regardless of whether you’re winning or losing the game. Make sure you’re placing real money bets, and points will keep rolling in.
Another cool thing about complimentary points is that you can trade them in whenever you want. Besides, the more points you collect, the sooner you’ll be promoted and become part of the casino’s VIP program. Once you decide to convert them into real cash, you can use it on your next bets and, hopefully, score some incredible wins.
Before you get serious about playing at an online casino and start earning comp points, make sure you’ve read the T&C. Read every bit of information you can find and pay special attention to the fine print. Usually, the most essential details are written in smaller letters, so keep that in mind. Once you check everything and decide that it suits you, you can start your gambling adventure.
Go to your casino account and look for the cashier. This section contains all the information you need about your complimentary points and their availability. You can see the total amount of points you've earned, how many you currently have, and more. Some casinos may also have a dedicated page for this.
Whether your comp points expire depends on the casino's policy. Sometimes, the points you earn don't have an expiry date. You can accumulate them as long as you want, and your balance won't reduce until you decide to convert them to real money. Other times, they may expire in a month or a year.
Once you decide to redeem your complimentary points for cash, simply go to your casino account and the cashier. Given that you have accumulated the required minimum, you only have to enter the desired amount and press the "Convert to Cash" button.
You can easily find all of the information related to your comp points in your casino account. Make sure you visit the page more often to track the points you have, your recent conversions, conversion rates and more. If you have any questions, you can always turn to the casino's support team.