Well, apart from e.g. the higher paytable on maxcoin in vp, you are right, and the net result of this is that with a fraud ratio of 10 to 1, the budget on the
loyaltee program would increase greatly.
I just thought of another possibility. What would you say Zoozie, if we offer something as above to "out-of-the-blue" players, but if you have a trackrecord in our competition system (a couple of hours of play), you qualify for a more interesting no-pain bonus system. (as you've 'physically' proven to be an individual). These multi-account setups are eating into your budget !!! I want to stop them and give that money to those that deserve it. We're open to any good sugestions, this is not just our problem ... it concerns all players that play by the rules.
I just have a problem with you calling it a signup-
bonus. It is no bonus at all, the house edge is the same etc. If you really insist on calling it a bonus why not give a 9900% bonus, with the catch that at withdrawal balance is divided by 100? The result is the same. The last 2 digits of the balance is just bogus. Some players might think they actually are getting a bonus and that is misleading. Also players do not need more complicated T&C they need to figure out. It is a jungle already.
I fully understand the frustration the abusers are giving you and they should not receive a dime. Many casino simply do not give players from a certain country the signup-bonus.Maybe you can only accept credit-card from players from these countries, since fraud with these is really hard? Also I would cut the signup bonus to 50$ if I was you. Maybe when you are ready for the big launch AND have fraud measures ready, they you can go to 100$ again.
Also I a few casinos also actually called me on the phone to confirm my id. I know this would take some time, but the money saved would cover the time
used many many times. Besides if anyone answers just ask then questions about what games they played etc.. (in case of using RL proxy players when signing up). I know withdrawal time is a big issue and I agree it is important. However for the first withdrawal from a casino I would not mind a delay and I believe up to 2 weeks is acceptable. Some casinos want to see utility bills/bank-statement/passport.
For loyalty the best loyalty program I have seen is from the Roxy group. All players can get up to 15% bonus (up to 25$) twice a week. 'Silver Members' can get 25% up to 100$ etc. Top loyalty players get a 30% bonus I think. Status depend on wagering the previous months.
This is a better solution that both Bodog and now Sands/Omni uses. Bodog just give 10% to everyone while Sands/Omni give 100% up to 100$ if you played a lot (6000$ wager) the previous month.
The problem with the Bodog bonus is that loyal players gets no more than normal players and at Sands/Omni this bonus favors medium rollers since
low rollers never gets this bonus. The Omni/Sand bonus is pretty much equal to the 25% bonus at Roxy actually, but at Roxy low rollers and high rollers also gets something useful.
For loyalty bonus/promotions I think it is important to target both low/medium and high-rollers. The much used 'top 10 players with most wagered during promotion wins' is a really stupid promotion that I would never participate in (or have the money to participate).
The free competitions and how often people log in to play could be a good measure for loyalty.
I thought I have had for some time is to give loyal players better games (and maybe new games). Ie. a VP variant with 99.8% payout or even a slot with
98% payout! (maybe just adjust the paytable for an existing slot) Then people would actually be very interested in becoming a loyal player and would
feel special.
Zoozie