What sort of Weekly & Monthly Bonuses do Bitcointalk members want?

[Punt.com]

Currently we offer level-up bonuses for our VIP and rakeback. However, due to popular demand, we are looking to implement weekly and monthly bonuses as well. Do you guys happen to have any recommendations for a formula we should use in determining what an appropriate weekly/monthly bonus should be?

We would love to hear feedback from all bitcointalk members!

Hope you guys have an awesome and safe New Years!

-Punt Management

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[gunhell16]

Currently we offer level-up bonuses for our VIP and rakeback. However, due to popular demand, we are looking to implement weekly and monthly bonuses as well. Do you guys happen to have any recommendations for a formula we should use in determining what an appropriate weekly/monthly bonus should be?

We would love to hear feedback from all bitcointalk members!

Hope you guys have an awesome and safe New Years!

-Punt Management

Also, other casinos give Rakeback bonuses to their gamblers weekly around 5$-10$ weekly as long as the player is included in the top 40 rankings and if they are not included here, no bonus will return to their wallet balance.

Then maybe just lower the required amount for your VIP first so that the numbers of your VIP members will probably increase shortly. Then set aside time until when you will do this things anyway.

[Findingnemo]

Currently we offer level-up bonuses for our VIP and rakeback. However, due to popular demand, we are looking to implement weekly and monthly bonuses as well. Do you guys happen to have any recommendations for a formula we should use in determining what an appropriate weekly/monthly bonus should be?

We would love to hear feedback from all bitcointalk members!

Hope you guys have an awesome and safe New Years!

-Punt Management

Daily, weekly and monthly bonuses are generally based on the wagering amount so you can do the same to apply bonus if you want or can pick a lucky user using raffle or any kind of draw and reward the user but it is not that effective in my opinion from casino's perspective.

[Bitinity]

Why did not you ask Eddie (Stake) as you claim that he is your best friend? If I were you and Eddie is my best friend, I'll ask him about it because the success of Stake. I dont think Eddie will give you at least a clue on how to calculate weekly/monthly bonus and what other things need to consider related to these bonuses.

[Shinpako09]

Why did not you ask Eddie (Stake) as you claim that he is your best friend? If I were you and Eddie is my best friend, I'll ask him about it because the success of Stake. I dont think Eddie will give you at least a clue on how to calculate weekly/monthly bonus and what other things need to consider related to these bonuses.

Plus 1 to this. Stake has one of the best bonus system. Just ask Eddie and copy the way he do bonuses in Stake, only if he is really your friend. Problem solved. That way you don't need to get through so much hassle but no hard feelings if Eddie refused your request since it's competition. After all, business is business. It's normal not to help a competitor.

[Coin_trader]

Weekly tournament that involves winning rate percentage or wager volume with multiple winners is what I really like to see on the casino promotion in weekly basis. My current casino offers this kind of tournament that rewards to 100 user a USDT in exchange for a certain amount of wagering requirements.

A special promotion too on Blackjack tables and free spin is what I like too as special promotion in addition to the weekly tournament. I believe that I already browse Punt last time but I failed to pursue playing because bonus code that you offer is only limited to few user.

[maydna]

Why did not you ask Eddie (Stake) as you claim that he is your best friend? If I were you and Eddie is my best friend, I'll ask him about it because the success of Stake. I dont think Eddie will give you at least a clue on how to calculate weekly/monthly bonus and what other things need to consider related to these bonuses.

Plus 1 to this. Stake has one of the best bonus system. Just ask Eddie and copy the way he do bonuses in Stake, only if he is really your friend. Problem solved. That way you don't need to get through so much hassle but no hard feelings if Eddie refused your request since it's competition. After all, business is business. It's normal not to help a competitor.

As a friend, Eddie might come up with some ideas for him, but he should think about them because they might be different from what he had in mind.

The important is promotions to provide bonuses must continue to run, and maybe betting tournaments can attract the attention of gamblers to compete to enter the leaderboard. Or maybe he can make an offer that if someone becomes a VIP member, that person can get more bonuses and not just $5-$10 weekly on his account. But whatever it is, he should discuss it with all his team to find a suitable bonus for his members.

[Pandu Geddon]

The weekly bonus can be in the form of a balance credited to the account. the amount certainly won't be too big, but enough to make the player continue the game. I think members who are entitled to receive a weekly bonus must meet certain conditions, such as being devoted to certain games.

and the monthly bonus, in my opinion, will be better suited to the percentage of the volume of bets made. This of course will require a certain rating or standard from the team. like the top 10 players with the biggest winning percentage. or total bets made in a monthly period.

Several casinos have implemented a monthly bonus for members who meet the criteria. this is a great way. if your casino will implement it, you only need to modify its implementation.

[Eureka_07]

<snip>

Your choice. But as far as I know, you should base it from the player's wager(s) in relation to the house edge of the games he/she played.
I thought of this formula:
Bonus = {(Wagered Amount) * [(House Edge %)/ 10]}
Since games has different house edge, just classify them and get the summation afterwards.
I'm not sure if this can be applicable though. I'm just guessing base on my experience as a player.

[Beparanf]

<snip>

Your choice. But as far as I know, you should base it from the player's wager(s) in relation to the house edge of the games he/she played.
I thought of this formula:
Bonus = {(Wagered Amount) * [(House Edge %)/ 10]}
Since games has different house edge, just classify them and get the summation afterwards.
I'm not sure if this can be applicable though. I'm just guessing base on my experience as a player.

This bonus computation is for a rakeback if I’m not mistaken. Rakeback is always part of the VIP/loyalty award of the casino like Punt. I believ Punt is asking for a special promo and not the regular rakeback bonus applied to wager.

Bonus type like what Duelbits given in form of free spin, boosted odds on sportsbook or random cash drop with just x1 wagering requirements is what most the players looking forward in the casino. This kind of bonuses will make players check the casino.

[klidex]

Currently we offer level-up bonuses for our VIP and rakeback. However, due to popular demand, we are looking to implement weekly and monthly bonuses as well. Do you guys happen to have any recommendations for a formula we should use in determining what an appropriate weekly/monthly bonus should be?

We would love to hear feedback from all bitcointalk members!

Hope you guys have an awesome and safe New Years!

-Punt Management

Also, other casinos give Rakeback bonuses to their gamblers weekly around 5$-10$ weekly as long as the player is included in the top 40 rankings and if they are not included here, no bonus will return to their wallet balance.

Then maybe just lower the required amount for your VIP first so that the numbers of your VIP members will probably increase shortly. Then set aside time until when you will do this things anyway.

But it's a shame that the bonus is only given to account ranks 40 and above and the higher the rank, the more bonuses you get.
Maybe this is one of the strategies for casino site managers to be able to entice users to play games or gamble in large numbers to catch up on rankings and be able to get weekly or monthly bonuses.
That way a person using the casino site if he has reached VIP rank and gets bonuses continuously will make him a loyal customer to continue playing and will not just leave the site.

[OgNasty]

A lot of people on this forum seemingly gamble with the main objective being to get these sorts of bonuses, so I imagine the more frequent the bonuses, the more members will be trying to earn them.  So long as it's profitable and you have the free development time to continue offering special events, it seems like a win-win for everyone.  I think people must actually enjoy chasing the bonuses, like a sort of game, otherwise they wouldn't be so popular.  So if it's making people money and everyone is having fun, why not toss as many out there as you have time to?

[BitcoinGirl.Club]

We would love to hear feedback from all bitcointalk members!

A genuine gambler will not look for bonus or any sorts of promotions. They will only look for the limit they have. If you have higher limit and allow them to stake high then you will find many gamblers registering with you.

But consider that you have enough bankroll to pay the winners when they win big. For new registrations, if you have registration bonus like 150% of deposit or 200% of deposit with some wagering requirement, then anyone will like it. However don't make it like maximum $100 or $200 LOL. Deposit x and get x bonus without any higher cap. Have a decent wagering requirement to project your business. If I was a gambling company owner then I would focus on deposit bonus more than anything else.

[swogerino]

Currently we offer level-up bonuses for our VIP and rakeback. However, due to popular demand, we are looking to implement weekly and monthly bonuses as well. Do you guys happen to have any recommendations for a formula we should use in determining what an appropriate weekly/monthly bonus should be?

We would love to hear feedback from all bitcointalk members!

Hope you guys have an awesome and safe New Years!

-Punt Management

All the reputable casinos offer those bonuses to their loyal players.It is only natural to give some sort of incentives even to players losing a lot of money because the few that win are not that really concerned about such bonuses and from my personal experience this can be free spins equal to a certain amount of money for example 5% of your total loss for the week or the month,it can be cash directly to your wallet balance weekly and monthly.I suggest you do that,you add the weekly and monthly bonus as in the long term it can be beneficial to you as most likely people will play more in such a casino than in one that do not offers such incentives,or every month they reset your achievements that is not going to work well.

[jackg]

You could also offer rewards based on how active people are on your site in placing bets. You can either do this as more of a wagering*number of bets or just a number of bets over a certain amount of satoshi giving you a ticket to enter a prize draw for a jackpot (for example you could make it one ticket per 100 wagers over 1000 satoshi at 2x odds or higher).

[ralle14]

If i'm going to be a regular i'd also prefer both bonuses to be based on the recent wagers or activity, so that the every type of player would still have something to claim if they suddenly have an unlucky session. That would be a good start to bring back the bonuses, and then potentially tweak the calculation later on.

But it's a shame that the bonus is only given to account ranks 40 and above and the higher the rank, the more bonuses you get.
Maybe this is one of the strategies for casino site managers to be able to entice users to play games or gamble in large numbers to catch up on rankings and be able to get weekly or monthly bonuses.

I agree the weekly and monthly should be attainable for most of the players but if it's only for the top players it'd be better for them to have a wagering competition instead.

[serjent05]

You can also apply for specific games bonuses and promotions.  Like featuring a game and having the top tanked multiplier (not the wagered amount) rake the reward.  This way player feels the casino isn't wagering amount biased in rewarding its player.  I have seen this kind of wagering tournament but make sure that even lower bet size will be able to participate.

[dezoel]

If i'm going to be a regular i'd also prefer both bonuses to be based on the recent wagers or activity, so that the every type of player would still have something to claim if they suddenly have an unlucky session. That would be a good start to bring back the bonuses, and then potentially tweak the calculation later on.

Haven't been on a site where their bonus are based on your activity. What I mean is how often you deposit and it doesn't matter if you use that for playing or not. The times where you chat in their troll box, make post on their forum, participate in their contest, etc. That would be more cool to see.

This means that players who aren't really a heavy gambler, will still have the chance to get a decent bonus. All they have to do is to be more active and interact more in the site or to the other players. Unfortunately, most that I came across are based on wagering and this is where I left behind lol. To the fact that I mostly play for profit and I think wagering is just a waste of money since the house will always win the longer you spin.

[AmoreJaz]

You could also offer rewards based on how active people are on your site in placing bets. You can either do this as more of a wagering*number of bets or just a number of bets over a certain amount of satoshi giving you a ticket to enter a prize draw for a jackpot (for example you could make it one ticket per 100 wagers over 1000 satoshi at 2x odds or higher).

that would be a good idea. at least, not only high rollers can get certain bonuses if you will set a certain amount to get a specific prize. and they can increase it if they will increase their wagering amount.

If i'm going to be a regular i'd also prefer both bonuses to be based on the recent wagers or activity, so that the every type of player would still have something to claim if they suddenly have an unlucky session. That would be a good start to bring back the bonuses, and then potentially tweak the calculation later on.

Haven't been on a site where their bonus are based on your activity. What I mean is how often you deposit and it doesn't matter if you use that for playing or not. The times where you chat in their troll box, make post on their forum, participate in their contest, etc. That would be more cool to see.

This means that players who aren't really a heavy gambler, will still have the chance to get a decent bonus. All they have to do is to be more active and interact more in the site or to the other players. Unfortunately, most that I came across are based on wagering and this is where I left behind lol. To the fact that I mostly play for profit and I think wagering is just a waste of money since the house will always win the longer you spin.

usually, the activity in the chatbox is rewarded by rain. if you will reward their activity in their chat or troll box, it may become a spam box as everyone wants to get the reward. so they will post nonsense things just to get the reward.
contest or race contest is one of the common activities that a casino can hold from time to time, to stir up the presence of gamblers.

[khaled0111]

If this is intended exclusively for bitcointalk members then I would suggest organizing some contests and competitions like the ones Roobet an duelbits used to organize (guess the slot, highest multiplier.. you can come up with different ideas for the sake of change).
Can't talk for other members but personally I find them more attractive and or exciting than weeky/monthly bonuses. Just my two cents!