I have read CasinoMeister for a fair while now and have noticed that 99% of the problems with Casinos are because of the bonuses.
Surely there could be a better way to implement bonuses where they aren't open to abuse and will reward the loyal player as they were intended to do by design?
I'd like to hear Ideas people have on what would make a better system over all?
My Ideas
1) I believe there should be SUB's but they should be given after the initial deposit has been played and the amount of wagering should be factored in...Ie If you deposit $100 and Do two bets of $50 you would get a lower % bonus than if you had Deposited $100 and had bet 100 $1 bets.
2) I think that the over all amount of bonuses offered to a player should be lowered and instead a more rewarding loyalty scheme put in place...Ie Larger returns for comp points(Instead of 100 points for $1 it would be 100 points for $5) This would be affordable for the casino as they wouldn't be handing out huge bonuses left and right.
I also think that a system where instead of trading your comp points for casino credits you could save them up and spend them towards a reward in a gift shop that the casino creates.(10000 points you could chose a product that has a value of $500 or save them up for an even bigger prize) This would give the player the sense that even though they've lost their few deposits that they have a chance to get something back at a later date. Even if they've been unlucky they would feel as if they are working towards a prize as opposed to feeling that they have just thrown their money away. In turn the player would be more inclined to keep depositing to get to the level where they can claim their prize of choice. All this would make sure the player felt good about the casino even if they were having a long run of bad luck.
The casinos could buy products wholesale so would be making money as the points would go towards the product instead of the player potentially winning from them. Kind of like the games arcades where you win tickets and then take the kids up to the counter and exchange their tickets for little toys and lollies. Same deal but on a bigger scale.
The player should have the choice of whether they want to use their comp points for casino credits or for a prize and should have the ability to manage their comp points within the cashier..Ie They could claim 100 of them for $5 if low on funds and store say 500 of them in a prize account. (sort of like 3Dices safe) The player should be able to freely move their points between the 'prize savings' account and the 'comp points for cash' account.
3) Have tournaments where you can win bonuses. They should be free to enter and should be decent enough to make it worthwhile for players to play. Players will get good value for money as they are not just playing in freeplay mode for no benefit and can actually win something that will later be used to deposit. Which in turn would encourage deposits. They will also be able to keep playing even if they are low on funds which will instil familiarity with the casino in question and result in loyalty from the player. They will play knowing that if they win, their next deposit however small, will have a 200% bonus attached with a reasonably low WR.
There could also be tournaments for prizes instead of casino credits for a small buy in fee... Ie A Plasma TV. The buy ins would cover the cost of the TV.(If the casino set the tournaments up so that they are not played until XXX amount of players have bought in then they can guarantee a profit from the tournament) I'd certainly play a tournament where I had to pay $10 to buy in and could win a Plasma TV. I think that Rebuys and Continues should be kept to a bare minimum if any at all so that all players who deposit $'s big or small have an equal chance to win a TV(Or whatever) for $10! This would be an exciting tournament IMO.
4) No free chips at all unless for compensation or good will. Perhaps reward a regular player a free chip with low WR once a month and dependent on their deposits. This way they are only rewarded for being a loyal customer.
These are just ideas(probably idealistic drivel!
) and I would love to hear CM members and Casino Reps views on this subject that is plaguing the industry.
Cheers
Gremmy
.
Surely there could be a better way to implement bonuses where they aren't open to abuse and will reward the loyal player as they were intended to do by design?
I'd like to hear Ideas people have on what would make a better system over all?
My Ideas
1) I believe there should be SUB's but they should be given after the initial deposit has been played and the amount of wagering should be factored in...Ie If you deposit $100 and Do two bets of $50 you would get a lower % bonus than if you had Deposited $100 and had bet 100 $1 bets.
2) I think that the over all amount of bonuses offered to a player should be lowered and instead a more rewarding loyalty scheme put in place...Ie Larger returns for comp points(Instead of 100 points for $1 it would be 100 points for $5) This would be affordable for the casino as they wouldn't be handing out huge bonuses left and right.
I also think that a system where instead of trading your comp points for casino credits you could save them up and spend them towards a reward in a gift shop that the casino creates.(10000 points you could chose a product that has a value of $500 or save them up for an even bigger prize) This would give the player the sense that even though they've lost their few deposits that they have a chance to get something back at a later date. Even if they've been unlucky they would feel as if they are working towards a prize as opposed to feeling that they have just thrown their money away. In turn the player would be more inclined to keep depositing to get to the level where they can claim their prize of choice. All this would make sure the player felt good about the casino even if they were having a long run of bad luck.
The casinos could buy products wholesale so would be making money as the points would go towards the product instead of the player potentially winning from them. Kind of like the games arcades where you win tickets and then take the kids up to the counter and exchange their tickets for little toys and lollies. Same deal but on a bigger scale.
The player should have the choice of whether they want to use their comp points for casino credits or for a prize and should have the ability to manage their comp points within the cashier..Ie They could claim 100 of them for $5 if low on funds and store say 500 of them in a prize account. (sort of like 3Dices safe) The player should be able to freely move their points between the 'prize savings' account and the 'comp points for cash' account.
3) Have tournaments where you can win bonuses. They should be free to enter and should be decent enough to make it worthwhile for players to play. Players will get good value for money as they are not just playing in freeplay mode for no benefit and can actually win something that will later be used to deposit. Which in turn would encourage deposits. They will also be able to keep playing even if they are low on funds which will instil familiarity with the casino in question and result in loyalty from the player. They will play knowing that if they win, their next deposit however small, will have a 200% bonus attached with a reasonably low WR.
There could also be tournaments for prizes instead of casino credits for a small buy in fee... Ie A Plasma TV. The buy ins would cover the cost of the TV.(If the casino set the tournaments up so that they are not played until XXX amount of players have bought in then they can guarantee a profit from the tournament) I'd certainly play a tournament where I had to pay $10 to buy in and could win a Plasma TV. I think that Rebuys and Continues should be kept to a bare minimum if any at all so that all players who deposit $'s big or small have an equal chance to win a TV(Or whatever) for $10! This would be an exciting tournament IMO.
4) No free chips at all unless for compensation or good will. Perhaps reward a regular player a free chip with low WR once a month and dependent on their deposits. This way they are only rewarded for being a loyal customer.
These are just ideas(probably idealistic drivel!
) and I would love to hear CM members and Casino Reps views on this subject that is plaguing the industry. Cheers
Gremmy
.
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