A player who opens the Coinwizardgames VIP page usually arrives with one question: what must be wagered before the next tier opens, and what does that tier return. The page answers neither by itself. It describes a ladder whose rungs are made of turnover, not results, and whose benefits are conditional on terms printed elsewhere. Reading it well means treating every stated benefit as a claim that another page must make binding.
The tier ladder measures turnover, not winnings
Every tiered loyalty scheme rests on the same mechanism. The operator records the total amount the player stakes across eligible games, however those bets settle. That total is turnover, and it is the only quantity the ladder measures. A player who wins steadily and a player who loses steadily climb at the same speed if their stakes are equal, because the scheme does not ask whether the player is ahead or behind. It asks only how much money has passed through the account as wagers.
This has two consequences a reader should hold onto while reading the Coinwizardgames VIP page. First, chasing a tier by increasing stakes raises the turnover figure but also raises the expected loss, because the house edge applies to every unit staked, win or lose. Second, the tier is not a reward for skill or success. It is a volume discount, paid out in whatever form the scheme promises, and priced into the same edge the player already faces.
The page will state which games count toward turnover and at what weight. That weighting is the first thing to confirm, because it is rarely uniform. Across operators, slots commonly count in full, while table games and video poker commonly count at a fraction, and some games may be excluded entirely. If the Coinwizardgames page does not state the weighting per game category, the reader cannot calculate the true cost of a tier until the promotions terms supply it.
What rakeback returns
Rakeback, when a VIP scheme offers it, is a percentage of the operator's theoretical or actual revenue from a player's wagers, returned to the player as cash, bonus funds, or points convertible to either. The word invites a misunderstanding: it is not a percentage of the amount wagered. If a player stakes a large sum and the scheme returns a small fraction of the house's expected margin on that sum, the returned amount is far smaller than the stake. The percentage is applied to a base the operator defines, and that base is where the terms matter most.
Two definitions of the base are common. One is actual net loss over a period, so rakeback functions as a partial rebate on losing play. The other is theoretical revenue, calculated from turnover and the game's expected margin, so rakeback is paid whether the player wins or loses. The Coinwizardgames VIP page may name its rakeback rate, but the rate is meaningless without the base. A reader should look for the sentence that says what the percentage is applied to, and whether the returned amount is withdrawable immediately or only after further wagering.
| Item to confirm | Why it can change | Where it is stated |
|---|---|---|
| Turnover required per tier | Operators recalibrate thresholds as game mix and margins shift; a figure read today may not hold next quarter | VIP page, tier table or linked promotions terms |
| Game weighting toward turnover | Slots, table games and live games contribute at different rates, and exclusions change | VIP terms, often a separate "eligible games" clause |
| Rakeback base and rate | The percentage may be applied to net loss, theoretical revenue, or a blended figure, and the rate can vary by tier | VIP page benefit list, with the base defined in the terms |
| Withdrawal conditions on returned funds | Rakeback and tier bonuses commonly carry a wagering multiple before withdrawal | Promotions terms, bonus policy page |
| Benefit discretion clause | Many schemes reserve the right to alter or withdraw benefits without notice | VIP terms, general terms and conditions |
| Tier maintenance or expiry | A tier may require monthly requalification or reset to a lower level if turnover falls | VIP page, tier rules section |
Why a stated benefit can be discretionary
A VIP page lists benefits: a dedicated account manager, faster withdrawals, higher deposit limits, event invitations, gifts. Each of those is a promise of future behaviour, and the terms that govern it are what make it binding or not. Many schemes include a clause stating that benefits are provided at the operator's discretion and may be altered, suspended or withdrawn. When that clause exists, the benefit is not a contractual entitlement. It is an expectation the operator may honour but is not obliged to.
The practical question for a reader is which benefits are mechanical and which are discretionary. A rakeback percentage, once defined with its base and credited automatically, is mechanical: the system calculates it and the account shows it. A dedicated account manager is discretionary: whether one is assigned, how responsive that person is, and what authority they have are all decisions the operator makes case by case. Faster withdrawals are partly mechanical, because they depend on payment processing rules, and partly discretionary, because the operator decides which tier qualifies and whether the faster route is available for a given method.
The Coinwizardgames VIP page should be read with this distinction in mind. For each benefit, the reader asks: is there a rule that produces this outcome automatically, or is there a person who decides? If the page does not state the rule, the benefit is discretionary until the terms show otherwise.
Terms to read before chasing a tier
Before increasing stakes to reach a tier, a reader should collect five items from the operator's own pages. The first is the turnover threshold for the target tier, stated as a number on the VIP page or in its linked terms. The second is the game weighting, without which the threshold cannot be converted into actual wagers. The third is the rakeback base and rate, if rakeback is offered. The fourth is the wagering requirement attached to any bonus or returned funds, because a benefit that must be wagered several times before withdrawal is not yet money. The fifth is the requalification rule: whether the tier is held for life, for a month, or until turnover falls below a floor.
Each of these items can change. Operators adjust thresholds, weights and rates as their own costs and margins change, and a figure printed on a cached copy of the page may not match the live one. The only reliable reading is the operator's current page at the moment the player decides. If any of the five items is absent, the absence is itself an answer: the tier cannot be costed, and the player is being asked to wager toward a benefit whose value is unknown.
Where each item is read off
The Coinwizardgames VIP page itself normally carries the tier ladder, the benefit list, and sometimes the turnover thresholds. The promotions terms page carries the game weighting, the rakeback base, and the wagering multiple on any returned funds. The general terms and conditions carry the discretion clause and the requalification rule. The withdrawal policy page carries the processing windows that a VIP tier may claim to shorten. A reader who wants the full picture must hold all four pages side by side, because a benefit stated on the VIP page is only as real as the clause on another page that makes it enforceable.
FAQ
Does a higher VIP tier mean better odds?
No. The house edge on each game is unchanged by tier. A VIP tier changes the volume discount around the edge, not the edge itself. A player who wagers more to reach a tier still faces the same expected loss per unit staked.
Is rakeback paid on winnings or losses?
It depends on the base the operator defines. If the base is net loss, rakeback is paid only when the player loses over the period. If the base is theoretical revenue, it is paid regardless of results. The Coinwizardgames VIP terms must state which base applies.
Can a VIP benefit be taken away?
Yes, if the terms include a discretion clause, and many schemes do. A benefit that is not produced by an automatic rule is subject to the operator's decision. The reader should check the general terms for the clause that governs alteration or withdrawal of benefits.
Why does the VIP page not state all the numbers?
Because the binding figures often live in the promotions terms rather than on the marketing page. The VIP page sells the ladder; the terms define it. A reader should treat the VIP page as a map and the terms as the contract.
This page is an independent summary of how tiered VIP schemes work as a mechanism, it is not published by Coinwizardgames, and it states no figure or status for that operator; the operator's own VIP page and its linked terms are the only binding source for thresholds, rates and benefit conditions.
Play responsibly
Gambling should be treated as paid entertainment, never as a way to earn income or recover losses. 1-800-MY-RESET (1-800-697-3738)
18+ or 21+ depending on where you are; follow the minimum age that applies to you.
This article is general information about how these mechanics work. It is not legal advice and not a recommendation to gamble or to use any particular operator. Availability and legality differ by jurisdiction — check the rules that apply where you are.
