Some Bitcoin gambling websites have these extensive multi-tier VIP rewards for their players.
How important is it for you that the website you play on has these?
Also, do you take these VIP rewards into account when you look at the website's house edge?
I mean, if the house edge is at like 1% for dice, but you also get some additional rewards when you wager certain amounts, then the overall house edge is actually a little bit lower, right?
I personally really like it when a website offers these additional rewards, combined with a system for ranking up.
Really adds a whole new element to your gambling experience.
What do you think?
You need to first understand why the Gambling sites gives VIP ranks to certain players ? They give those rank to player who are more active and wager more on the site. The house does not want that those player leave their site and hence they award them different offers in terms of ranks etc.
From gambler point of view, these ranks are always good to have and he can even show to his family friends, on how much he is reconized for playing on the site.