Don't many casinos encourage you though to build up comp points for a higher conversion rate. ie instead of converting 5000 comp points for 50 you get 60.
I have always thought that a good idea for comp points would be the casino only letting them be converted once a year like Christmas and Birthdays, then the player can have a good pot built up, and the casino retains its loyal players.
Mike
Terrible idea!
Players might want to quit a certain casino, and would (hopefully) finish by cashing in their comps & seeing what they can deliver.
Sometimes, we see casinos looking like they are on the verge of collapse, another reason players would want to get their comps out fast, especially if they had a decent amount.
When the TUSK casinos collapsed, although the CASINO balances were restored by Casino Rewards, the COMPS were NOT. TUSK casinos encouraged hoarding of points for swapping in their shop, and some players lost the equivalent of over $1000 worth of comps through building them up.
I personally lost 20 worth of comps, as even though I converted them as soon as the warning went up here, the tie between their comps server and the casino had been severed by MG, and the 20 simply vanished into the ether, never to be seen again to this very day.
Many casinos operate both a bonus for building up a bigger pot of comps, AND an EXPIRY clause that voids unconverted comps, and these expiry clauses are 3 to 6 months, not long enough for an annual "pot" to be built up.