Sweepstakes casinos have become increasingly popular nationwide thanks to their ability to operate in states that do not have legal online gambling. Because Sweepstakes casinos are free to play with no purchase necessary, traditional casino regulations don’t apply.
These social casinos operate on dual currency systems based on Gold Coins (GC) and Sweeps Coins (SC). GC is a purely virtual currency with no value outside of the casino and is used to play free online casino games. There are many ways to get GC at a sweepstakes casino, including promotions and purchases. Conversely, SC can be redeemed for cash prizes but cannot be purchased directly.
This dual system lets you enjoy casino games risk-free and, if you choose, still have the opportunity to win redeemable prizes.
Do Gold Coins have monetary value?
Gold Coins have no monetary value and exist solely for entertainment purposes. GC is not redeemable for cash or prizes, which sets it apart from SC.
Sweepstakes casinos offer various GC packages, allowing players to purchase them directly. The idea is that when you buy a GC bundle, you are awarded SC as part of the package. This is the primary method of obtaining SC.
These purchases are optional, as sweepstakes casinos provide free coin promotions through daily bonuses, login rewards, social media interactions and other special offers. So, you never have to spend a dime if you don’t want to.
How to purchase Gold Coin packages
If you’re looking to purchase Gold Coins, follow these steps for a seamless experience:
- Register at a sweepstakes casino: Choose a trusted platform and sign up.
- Complete verification checks: Most sweepstakes casinos require verification for account security.
- Log in and locate and purchase a GC package: After you log in for the first time, you can head over to the coin store and make your first purchase. You can use a variety of payment methods, including but not limited to Apple Pay, Google Pay and Bitcoin.
- Choose your package: Browse what packages are offered. Check to see if any provide first-purchase discounts as a new player. Often, you can get a significant deal with extra GC and SC on your initial investment.
- Choose payment method: Most casinos offer a variety of payment methods (explained in the next section).
- Confirm and complete purchase: Finalize the transaction to receive your Gold Coins instantly.
Supported banking options
Sweepstakes casinos offer support for a wide range of banking options, including:
- Credit/Debit Cards: Quick, convenient, and widely accepted.
- PayPal: A popular digital wallet option.
- Skrill: Another e-wallet choice with broad availability.
- Trustly: Fast payouts and secure bank transfers.
- Cryptocurrencies: Bitcoin and other cryptocurrencies are options at some social casinos.
- Bank Transfers: A more traditional option, though it may have longer processing times.
- Apple Pay: Convenient for users on Apple devices.
- Prepaid Cards: Some casinos accept these for Gold Coin purchases.
Fees and processing times
Purchasing Gold Coins does not usually involve additional fees on the casino’s end. However, your bank may apply fees, so double-check to ensure you don’t incur any extra costs on their end.
Transactions with credit cards, e-wallets, or cryptocurrencies are typically processed instantly, ensuring immediate access to your Gold Coins.
Bank transfers, however, may take longer, sometimes a week or more. Again, check with your bank for specific processing times for transfers to social casinos.
Switching from Gold Coins to Sweeps Coins
While Gold Coins are for entertainment only, many players purchase them to unlock premium features or as a method to increase their Sweeps Coins balance. Because you cannot deposit money into a social casino, the number of SC you have in your wallet is, in essence, your cash balance.
Sweepstakes casinos offer bundles that provide Sweeps Coins as a bonus with Gold Coin purchases.
Which sweeps casino has the best Gold Coin bundle?
If you want to maximize your purchase, consider casinos offering the best Sweeps bonuses alongside Gold Coins. Here are a few standout options:
- McLuck Casino: McLuck offers a range of bundles starting at a budget-friendly $1.99. You will also get 150% more GC and SC on your first purchase.
- WOW Vegas: Offers a welcome bonus good for 1.5 million GC plus 30 free SC for $9.99. This package is usually $29.99. WOW Vegas also offers a massive range of coin bundles priced from $1.99 to $4,999.99.
- High 5 Casino: Bundles are available for both casual and hardcore players at High 5 Casino. Get 200 GC, 40 SC and 100 diamonds just to sign up. As far as no deposit bonuses go, this one is top-tier.
- Hello Millions: Offers bundles for all budgets and a genuinely entertaining theme. As a new player, you can get 150% extra coins on your first purchase. Additionally, you will be rewarded with 230,000 GC and 115 SC when you make thee purchases of qualified Gold Coin packages.
Why purchase Gold Coins?
While optional, purchasing Gold Coins has several benefits, such as:
- To Get Sweeps Coins: Earning SC is the main reason to purchase Gold Coins at a sweepstakes casino. Aside from some welcome bonuses and special promotions, purchasing these bundles is the only way to get SC in your casino wallet.
- To Unlock Premium Features: Some casinos have special features or games that are only accessible after making a purchase. These features can include games, promotions, and access to live chat support.
- Learning How to Play Games: If you want to spend time practicing a game before you risk real money, you will need extra GC to work with. This is especially useful when getting familiar with table games such as blackjack, roulette, and craps.
- Entertainment Value: Gold Coins let you enjoy casino games without monetary pressure, making them perfect for casual play. If you are looking for stress-free fun, look no further.
Learn more
Legal states
Liquid staking enables users to earn staking rewards while maintaining cryptocurency asset liquidity.
Final thoughts
Gold Coins add value to the sweepstakes casino experience, allowing you to enjoy games casually and explore casino features. Though they lack monetary value, the optional purchase of GC will enhance gameplay with added features and Sweeps Coin bonuses.
With the strategic use of free promotions and purchase bonuses, you can earn GC and enjoy a rewarding casino experience without breaking the bank.