As the online casino industry continues to expand, sweepstakes casinos have emerged as a popular alternative to traditional real-money casinos, attracting a growing number of players across the United States and Canada. The sweepstakes casinos currently available on the market operate via a dual-currency system, which this article will further break down.
Sweepstakes casinos operate using two types of virtual currencies – Gold Coins and Sweeps Coins, in order to be legally compliant with social gaming policies. Although their functions are similar in some ways, there are some critical distinctions between the two that are worth delving into if players want to use free coins to play slots and win big prizes. So, let’s explore the nuances of these virtual currencies and how you can use them.
What are Gold Coins?
Gold Coins – Gold Coins are a type of virtual currency that is used for playing games purely for entertainment and the chance to win more Gold Coins. Any earnings obtained from playing with Gold Coins cannot be redeemed for real-money prizes.
For an online casino platform to be recognized as sweepstakes, it must fulfill specific prerequisites. One of the key requirements is that it should be completely free to play, and users should have the opportunity to win rewards without investing any of their own money. This is where the significance of the two virtual currencies comes into play.
Upon signing up with sweepstakes casinos, players are provided with a set of Gold Coins and a substantial amount of Sweeps Coins. These Gold Coins are not worth anything in the real world and can be used across all sweepstakes slots available online. In case players run out of Gold Coins, they can replenish their balance by purchasing them using authorized payment methods. As per the guidelines of sweepstakes casinos, players also receive Sweeps Coins for free as a bonus with each purchase or via promotions.
What is Sweep Coins?
What are Sweep Coins? Let’s explore further and understand why Sweeps Coins are crucial.
Sweeps Coins – Sweep Coins are another type of virtual currency serving as free entry tokens (in the form of Sweep Coins) with the purchase of Gold Coins or through an alternative method of entry.
As previously mentioned, the legality of sweepstakes casinos stems from the fact that players can potentially win rewards without having to risk any of their own money. Essentially, every time players buy Gold Coins, they receive a certain amount of Sweeps Coins as a complimentary bonus, maintaining the legal distinction between buyers and players. The true value of Sweeps Coins lies in their capacity to be exchanged for prizes.
Final Note
Now that you have gained an understanding of the differences between both currencies, here are a few key takeaways on how to obtain Gold and Sweep Coins. Gold Coins are generally provided to new users as part of welcome bonuses and daily bonus promotions for the first login of the day. Similarly, Sweeps Coins are credited to players through these same bonus structures. It is also important to note that the only coins you can purchase are Gold Coins.
