Operators are always looking for new ways to attract players to their websites. This is why there are always competing through welcome bonuses, loyalty promotions, deposit promotions and better services. Studies have shown that one in three players who register at a website end up making a deposit.
It’s all about making a player loyal to a website, regardless of other offers out there. The best way to do this is through withdrawal times, as this has a strong connection with players’ loyalty.
What Fast Withdrawal Time Could Bring to an Operator?
Any operator that offers fast withdrawal time is giving itself an edge over other operators in the industry. This advantage may be compared to deposit with credit card casino and marked as one of the most important by the players. If there’s one thing that players prefer, it’s being able to immediately withdraw their winnings. A lot of players leave an online casino operator simply because of slow withdrawal processing. So, what does a fast withdrawal time bring to an operator?
More Active Players
Rather than having only players who sign up and use up the welcome offers without depositing, players who have an account but are inactive or players who leave for other casino sites, an operator that has a fast withdrawal time won’t have to deal with this. Players would be encouraged to play at an online casino operator with a fast withdrawal time because they know that they will receive their winnings very quickly. If they can receive it quickly, they can play immediately again.
Good Reputation
Also, fast withdrawal time will bring a good reputation to an operator. Operators with slower withdrawal times are usually blacklisted or complained about on different review sites, so other players would be discouraged to play because of the fear of losing their money. But, when an operator has a fast withdrawal time, reviews and feedback will be positive, leading to more players.
The Key to Player’s Loyalty
If an operator wants to achieve a long-term impact on the loyalty of their players and prospective players, they have to do way more than just offering new bonuses and games. A survey conducted by Trustly among 1,700 people in 9 EU markets revealed that the key to a player’s loyalty and even converting prospective players into active ones is fast withdrawal.
According to this survey, 94% of players want instant access to their winnings when playing at online casino operators while 80% of players stated that they will frequently play at a casino that can offer this to them.
This belief was stronger in Poland and Spain where 90% of players said that they will enjoy an online casino experience better if they could have instant withdrawals. Also, 87% of players said that they will be happier with instant withdrawals. Thus, by the popular majority, a player’s loyalty is dependent on how quickly they can get their money back.
Why? Since online casino operators cannot be physically seen, players are usually wary of the casino site they play at so that they don’t get scammed. Some players have been victims of fake casino websites which disappear after making a deposit. Others already played casino games and won, only for the casino to take forever in giving them their winnings.
This has made players wary of any casino site, and so if a casino site cannot offer quick withdrawal services, the player begins to think that the casino operator is stealing from them. This is why a fast withdrawal time will go a long way in making players loyal to an operator.
Although it goes a long way, the loyalty of players is not solely dependent on quick withdrawal time. Having a sleek playing experience will also do the trick. After all, if they can withdraw their money quickly but don’t enjoy playing at the casino, what’s the point?
From attractive bonuses and popular games to ease of use and convenience, creating a sleek playing experience coupled with a quick withdrawal time is the key to a player’s loyalty.
Conclusion
Quick withdrawal times are very important for operators and players, and it has a strong connection with the player’s loyalty. Seeing as quick withdrawal time is directly connected with a player’s fidelity, the best way for online operators to stand out is through working with quick withdrawal methods.