You don’t have to be a lover of video games or an online gamer to know that a massive proliferation in revenue growth and sheer excitement has occurred. In tandem with cutting-edge technology, new-generation consoles have given rise to a new industry, Play-to-Earn, or P2E for short. However, as more US States rush to legalize iGaming activities, social casinos are becoming another beloved choice of entertainment and profit for those who relish and thrive in a social gaming atmosphere.
If you’re new to social casinos, let’s briefly give an overview of how they work. Social casinos, also known as sweepstakes, offer a similar collection and variety of games that you usually find at regular online casinos. The website design, usage, and features are identical in most respects for regular iGaming sites.
But unlike regular online casinos, you can play for free and interact with your online peers. Hence the term “social casino,” or you can make real money wagers. The caveat is you can’t cash out like you would at a standard online casino. Instead, you play for a chance to win cash prizes.
It is typical for social casinos to give new members who sign up a large number of gold coins and sweepstakes coins. The gold coins allow you to play for free and are usually abundant, while sweepstakes coins are used to try for cash prizes. Some new sweepstakes casinos give new members a one-time chance to purchase sweepstakes coins. However, 99% of the time, you must earn them through promotions.
The wise bet for players seeking social casinos is only to join legal sweepsweep sites. While states like New Jersey or Michigan don’t officially license them, they are licensed elsewhere and adhere to the rules of state gaming divisions. Providing fair and transparent results and dedicated customer service are the hallmarks of social casinos. Prominent social casinos like Pulsz and McLuck proudly display their licensed credentials, so there is no doubt about their legitimacy.
Following the lead of real money online casinos, social casino players can wager sweepstakes coins in place of regular money deposits to win alternative cash. However, sweepstakes casinos offer cash prize equivalents instead of processing a standard withdrawal request and choosing your payment method. The basic rule of thumb is that one sweep coin equals one dollar. Therefore, $200 worth of sweeps coins equals roughly $200 worth of cash prizes.
Cashing out sweepstakes coins is commonly referred to as “redemption.” Unlike the regular online cashier or Bitcoin casino cashier, where you choose your withdrawal method, the social casino redemption method involves how you want to get your cash prize. For example, receiving gift cards or cash prizes is common, usually straight to your bank account. Players who prefer gift cards can build quite a stack that theoretically can be traded or sold for profit.
Before the redemption can begin, sweepstakes players will have first to verify their identities again. This can be a lengthy process, which usually involves submitting a photo ID again and re-verifying your current address. Conversely, once you go through the redemption process, you usually don’t have to repeat it.
Most sweepstakes casinos also have some form of VIP club or loyalty program. You guessed it, social casino VIP clubs also offer additional chances to win cash prizes. Please consider these unique sweeps VIP perks:
· Weekly raffles: Most sweep casinos have weekly giveaways that usually include invaluable sweep coins. Also, please take advantage of the chance to get gold coins because they are more available. You can flip gold coins into sweep coins, which leads to redeeming cash prizes for profit streams.
· Bonus Points: Similar to reward points, bonus points for sweepstakes casinos are usually given on merit, for example, participating in contests and daily logins. Of course, wagering enough sweeps coins also builds bonus points. Higher VIP levels often lead to more extravagant cash prizes. For example, higher levels usually deliver prize multipliers that can top 20% or double the gift value.
Taking a Cautious Approach For Sweeps Games
Like standard online casinos, playing within your means and in moderation is not only essential for gaining cash prizes but not for developing a gambling addiction. Because sweepstakes casinos are available 24/7, it’s okay to lose yourself anywhere it is legal. For best purposes, you should set some responsible gaming measures, which include loss and playing session limits.
And if you want to profit from playing, choose games with favorable RTPs to win more. If the site has demo play, please consider getting some practice play to know if it’s worth risking precious sweep coins. You can also read other players’ reviews for invaluable insights.
As more states grapple with legalizing online casinos, sweepstakes casinos continue to emerge as viable and profitable alternatives. But for those who want to profit by having fun and bonding with like-minded players, social casinos are the avenue to walk down.