VIP and High Roller casino bonuses
VIP and high roller bonuses are, in many cases, generous match deposit bonuses. They are reserved for active players with bigger bankrolls. Even though the terms ‘VIP’ and ‘High Roller’ are frequently used interchangeably, they are actually different.
This page will elaborate, along with presenting you with the most recent VIP bonuses.
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‘VIP’ and ‘High Roller’ – the crucial difference
Most online casinos offer what they term a ‘VIP scheme’. This is usually a complimentary points scheme that is designed to give extra benefits to their players who wager the most money. Naturally, online casinos prefer players to wager as much money as possible, so it makes sense for them to offer incentives to encourage them to do so.
However, ‘VIP’ in this definition is simply a term designed to make gamblers feel that are receiving more from their casino than the casual player. The reality is that VIP status is open to every gambler, provided they wager enough money over the course of time to reach each level.
While VIP status is open to everyone, a select few are ‘high rollers’. High rollers are players with large bankrolls, and who often take their gambling very seriously. They are less interested in perks, and more concerned with an efficient, personalised service that offers flexible deposit limits and quick withdrawals. Baccarat and 3-card poker are popular games amongst high rollers.
One more thing you need to bear in mind is that the main reason online casinos offer VIP or high roller bonuses is that they want to create the impression with ‘ordinary punters’ that they cater for this type of player. The actual bonuses and extra services afforded to genuine high rollers are seldom made public, and are awarded at the discretion of the high roller’s personal account manager.
BetVictor casino has acquired a stellar reputation for its treatment of high rollers. It offers very high deposit limits, rapid withdrawals and lenient wagering conditions on bonuses. It also gives its customers tickets to high profile sporting events.
How VIP and High Roller bonuses work
Generally, VIP and high roller bonuses work no differently than first deposit bonuses – you simply have to make your initial deposit in excess of the minimum limit required to be awarded such a bonus.
The terms of a high roller bonus tend to be along the lines of ‘50% up to a maximum of £1,000’. You’ll generally find that the matched amount for bonuses where a large deposit is required seldom rises above fifty percent. If a casino pays out a full ‘100% up to £100’ bonus they are putting £100 of their own cash on the line. ‘50% up to £1,000’ means they’re risking £500. Most online casinos prefer to risk the former, which is why the matched terms for large amounts are smaller.
Your VIP bonus will arrive in your account as bonus money, and the usual wagering conditions apply.
Sometimes wagering requirements are worse for VIP or high roller bonuses than they are for first deposit bonuses. This is usually because more money is involved. A typical wagering requirement for a high roller bonus is 40x. This means to convert your bonus cash into real money you’ll need to wager the bonus amount forty times. In the ‘50% up to £1,000’ example given above this would give you wagering requirements of £20,000.
Every online casino has different terms and conditions attached to a VIP or high roller bonus. If you’re thinking of taking advantage of such a bonus, make sure you’ve read the bonus terms and conditions. That way you’ll understand what’s expected if you want eventually to be able to withdraw your bonus cash.
You need also to be aware that different casino games make different contributions towards wagering requirements. Online slots, scratch cards and ‘jackpot games’ contribute fully, but you’ll find table games such as blackjack, roulette and video poker contribute a lot less. At some online casinos, certain games do not contribute to wagering requirements whatsoever, so again, you need to carefully check the T&Cs.
VIP and High Roller bonuses conclusion
Don’t be fooled by the title ‘VIP’ or ‘High Roller’ bonuses, as such bonuses are available to everyone – not just those who enjoy gambling for high stakes. Although the percentage amounts you receive with a VIP or High Roller bonus are generally less favourable than with typical first deposit bonuses, the actual monetary amount is higher.
There are plenty of VIP or High Roller bonuses available on the internet available for you to take advantage of. Just make sure you check the bonus terms and conditions before you do and to gather all the information you can on understanding these VIP bonuses and loyalty programmes.
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