Sweepstakes casinos operate similarly to social casinos but with the added twist of offering prizes with monetary value. Join us as we take you behind the scenes and show you how these sites work!
What Is a Sweepstakes Casino?
A sweepstakes casino is a social gaming site where you can play casino-style games like slot machines, blackjack, and roulette. These games are free to play and have two types of virtual currencies: Gold Coins (GC) and Sweeps Coins (SC).
Gold coins have no monetary value and can’t be redeemed for prizes. However, sweeps coins can be redeemed for prizes after completing the playthrough requirement, typically 1x. You can receive Gold and Sweeps Coins for free via bonuses.
How Do Sweepstakes Casinos Make Money?
Even though sweepstakes games are free to play, and you’ll receive lots of free coins via daily logins and other bonuses, you also have the option to purchase gold coins.
Sweepstakes casinos make money when players buy gold coin packages, and their profit is the amount they make from gold coin packages minus expenses and redemptions.
How Are Sweepstakes Winners Chosen?
Sweepstakes winners are chosen completely randomly. The games are powered by a random number generator (RNG), ensuring nobody, including the sweepstakes casinos, knows the outcome in advance.
Most sweepstakes casinos have games from third-party software providers. The casinos can’t influence the results and simply host the games, which are stored on separate servers.
The process of selecting winners is just like with any other RNG game at a social casino. When playing a slot at https://www.fortunecoins.com/public-lobby/chill-thrills, for example, you select the number of coins you wish to play with. If you land a winning combination, you’ll win a number of coins based on that combination’s payout described in the game’s paytable. For example, five watermelon symbols might yield 5x; if you chose to risk 100 SC, you would win 500 SC.
Sweepstakes Redemptions Explained
Once you’ve won some Sweeps Coins, you can redeem them for a prize. However, before that happens, you must complete the playthrough requirement and meet the minimum redemption threshold.
For example, if there is a 1x playthrough requirement and the minimum redemption is 100 Sweeps Coins, you’ll have to spend 100 SC playing different games. It doesn’t matter how you divide your playing time. You could place 100 SC on black or take 50 spins on your favorite slot with 2 SC per spin.
To receive your prize, hit the Redeem button and select your redemption method, typically bank transfer, e-wallet, or gift card. Then, enter your details and the number of Sweeps Coins you wish to redeem and confirm the transaction.
Are Sweepstakes Casinos Fair?
Just like online casinos, sweepstakes casinos have titles from licensed providers. All games are inspected by accredited third-party gaming labs, which check for randomness and analyze the game’s return to player (RTP) percentage, features, and payouts.
Some sweepstakes casinos even have provably fair games. These games use blockchain technology and a special algorithm that allows you to play the role of a gaming lab and check that the results are random.
Sweepstakes casinos may be based on sweepstakes competitions, but they operate more like social casinos. The games are powered by RNGs, have an in-built house edge, and produce completely random results.
Aretha Davis, the wordsmith extraordinaire, weaves enchanting tales with her pen and keyboard. A renowned blogger and writer, her captivating prose transports readers to realms unknown. Join her literary journey and be swept away by the magic of her words.