Gold Coins are just for free play games—think of them as tokens you can buy to play games just for fun, with no monetary value. Most platforms offer large Gold Coin packages, and when you buy them, you often receive bonus Sweeps Coins as a promotional freebie. The main difference between sweeps casinos and real money online casinos is that sweepstakes casinos use virtual currency for wagering, while conventional casino sites use real money. As such, online sweeps casinos are not gambling sites, even though they host many of the same games you would find at a real money casino.
How do prize redemptions work at sweepstakes casinos?
The bill cleared both chambers with overwhelming votes and is awaiting Governor Kathy Hochul’s signature to become law. Despite these shifts, sweepstakes casinos remain popular nationwide. Players can still expect large signup bonuses, loyalty rewards, and quick redemption processes, providing steady value even as rules tighten in certain jurisdictions. While sweepstakes casinos had been growing in popularity in New York, with the latest tech updates improving social gaming lobbies tenfold, the future of these platforms is now uncertain. Recent actions from the Attorney General, along with potential changes to legislation, could throw a spanner in the works.
Pros and cons of sweepstakes casinos
We’re not liable for third-party site activities, and don’t condone gambling where it’s prohibited. It’s a personal favorite casino, with loads of slots, incredible promos, and 24/7 customer support that will never let you down. Starburst is at a medium-volatility slot with a pretty high RTP of 96.09%, which means you’re almost guaranteed a steady stream of winnings in between the losses. Its “win-both-ways” feature further enhances potential wins by validating your paylines sweepstakes mobile both from left to right and from right to left, which is quite unique. You’ll be able to use a wide range of payment methods, such as e-wallets or cryptocurrency.
There are also daily login offers, so you’ll always have a steady stream of coins coming in. When it comes the time to redeem Sweeps Coins for cash, you can use Skrill or bank transfers. Skrill takes 1-3 days to process, whereas bank transfers can take longer, depending on your bank.
The Maritimes-based editor’s insights help readers navigate offers confidently and responsibly. When he’s not deciphering bonus terms and playthrough requirements, Colin’s either soaking up the sea breeze or turning fairways into sand traps. Yes, while states don’t recognize the difference between sweepstakes casinos and traditional real money online casinos, the federal government doesn’t treat them differently. In the eyes of the IRS, any winnings are seen as taxable income, and you have to pay taxes on them. As mentioned above, sweepstakes casinos are legally required to give players free ways to play games. One of the throwback methods is the mail-in bonus, commonly referred to as the Alternative Method Of Entry (AMOE).