rowmare
Dormant account
- Joined
- Sep 25, 2003
- Location
- Vancouver Island
I'm interested in everyone's opinion about the following (it looks like a marketing campaign in the guise of a news release, but what it says about bonuses is what I'm interested in): (My comments in orange)
Home : Internet : Online Gaming Shakeup as more players become VIPs
Online Gaming Shakeup as more players become VIPs
Added : (Mon Jun 21 2004)
LONDON, UK, June 21, 2004 - The online gaming industry is the fastest growing industry on the Internet. Part of what fuels that growth is the fantastically generous bonus offers that online casinos offer new players. However, since the market has become more sophisticated, online casinos have had to become more stringent on their bonusing policies. Now, many bonus programs actually offer a bonus with a zero expectation once the statutory requirements are fulfilled.
To combat this Zero Bonus phenomenon, online casino XXXXXXX(www.XXXXXX.com) has begun offering what it calls the Ultimate Cash Reward Program to all its members. XXX Casino Manager Kate Berkeley explains, In the past Cash Rewards have been a bonusing structure reserved for high rollers, who have the gambling sophistication to recognize that all other forms of bonus structure zero out. But at XXXX Casino, we have decided to offer this VIP bonus structure to all our members. This is what VIP Casino is all about treating all players like VIPs. Cash Rewards allows us to do that in a very real way.
The Cash Reward program offers players a 1% reward on their accumulated net monthly winnings and 10% back on their monthly net losses. The result is a rewards program that delivers exactly what the player deserves and wants.
Online gamblers are already beginning to recognize the value of a Cash Rewards program. GamblingOnlineMagazine.coms recent survey analyzing the players preference for bonus structures revealed that 19% rank Cash Rewards as their preferred bonus structure, ranking higher than physical gifts and prizes by 3%.
Is this the start of an evolution?
For More Information:
XXXX
XXXXXXXX
casinomanager@XXXXX.com
www.XXXXXXXXX.com
(I've hidden the identity of the casino so that no one would mistake this for a shill.)
The reason I like the direction they seem to going (at least their marketing strategy is going....) is the present situation with casino bonuses. 99.9% if the time they DO zero out - they force you to keep playing past the point you would normally stop (when you're ahead!).
I no longer take any bonuses when I play. There are two main reasons:
1. I want to cash out and preserve my winnings while I'm ahead - whenever that happens - even if it's before I've played X times my deposit!
2. I want to be able to play the more strategic games (and thus increase my chances to win) as well as romp on the slots.
I've always thought the way the casinos should go is to reward regular players with more cash incentive on a as-you-play basis, with no strings attached, and cut down on the sign-up bonuses enough that they can simplify and lower the requirements.
Home : Internet : Online Gaming Shakeup as more players become VIPs
Online Gaming Shakeup as more players become VIPs
Added : (Mon Jun 21 2004)
LONDON, UK, June 21, 2004 - The online gaming industry is the fastest growing industry on the Internet. Part of what fuels that growth is the fantastically generous bonus offers that online casinos offer new players. However, since the market has become more sophisticated, online casinos have had to become more stringent on their bonusing policies. Now, many bonus programs actually offer a bonus with a zero expectation once the statutory requirements are fulfilled.
To combat this Zero Bonus phenomenon, online casino XXXXXXX(www.XXXXXX.com) has begun offering what it calls the Ultimate Cash Reward Program to all its members. XXX Casino Manager Kate Berkeley explains, In the past Cash Rewards have been a bonusing structure reserved for high rollers, who have the gambling sophistication to recognize that all other forms of bonus structure zero out. But at XXXX Casino, we have decided to offer this VIP bonus structure to all our members. This is what VIP Casino is all about treating all players like VIPs. Cash Rewards allows us to do that in a very real way.
The Cash Reward program offers players a 1% reward on their accumulated net monthly winnings and 10% back on their monthly net losses. The result is a rewards program that delivers exactly what the player deserves and wants.
Online gamblers are already beginning to recognize the value of a Cash Rewards program. GamblingOnlineMagazine.coms recent survey analyzing the players preference for bonus structures revealed that 19% rank Cash Rewards as their preferred bonus structure, ranking higher than physical gifts and prizes by 3%.
Is this the start of an evolution?
For More Information:
XXXX
XXXXXXXX
casinomanager@XXXXX.com
www.XXXXXXXXX.com
(I've hidden the identity of the casino so that no one would mistake this for a shill.)
The reason I like the direction they seem to going (at least their marketing strategy is going....) is the present situation with casino bonuses. 99.9% if the time they DO zero out - they force you to keep playing past the point you would normally stop (when you're ahead!).
I no longer take any bonuses when I play. There are two main reasons:
1. I want to cash out and preserve my winnings while I'm ahead - whenever that happens - even if it's before I've played X times my deposit!
2. I want to be able to play the more strategic games (and thus increase my chances to win) as well as romp on the slots.
I've always thought the way the casinos should go is to reward regular players with more cash incentive on a as-you-play basis, with no strings attached, and cut down on the sign-up bonuses enough that they can simplify and lower the requirements.