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Online Casinos: Real Money vs Sweepstakes

Are you unable to decide which casino to choose in between Sweepstakes and real money casinos? If your answer is in affirmative, then you are on the right post. By reading this article till the end, you will understand the difference between the two and why gamblers choose them for their source of entertainment. So, […]

Written by
LuckyMarmot
February 29, 2024

min read

Real Money vs Sweepstakes

Are you unable to decide which casino to choose in between Sweepstakes and real money casinos? If your answer is in affirmative, then you are on the right post. By reading this article till the end, you will understand the difference between the two and why gamblers choose them for their source of entertainment. So, let’s begin!

Difference between Sweepstakes casinos and real money casinos

The main difference between online real money casinos and Sweepstakes casinos is that in the former you can withdraw and deposit using real money; whereas, in Sweepstakes casinos you can play by using virtual currency.

Why has Sweepstakes casinos gained popularity?

How do you join sweepstakes casinos

There are some cities that do not legally allow gamblers to play online casinos. However, Sweepstakes casinos use a legal loophole and lets gamblers play their favorite games lawfully. Moreover, as you can use virtual currency for gambling in Sweepstakes casinos, they can operate easily in such restricted locations. So, those players who want to gamble in prohibited cities can easily play jackpot slots or similar casino games and win prizes.  

Payment Methods

You cannot win real money in Sweepstakes casinos. Instead, you can win Sweepstakes coins or Gold coins. The only difference between Sweepstakes coins and Gold coins is that Gold coins do not hold any monetary value and are usually used by beginners for playing various games for fun. On the other hand, Sweepstakes coins can be redeemed for cash prizes or gift cards. Expert gamblers prefer using them so that they can convert their winnings into cash easily.

The Sweepstakes coins or Sweeps Coins can be obtained for free of cost in form of rewards and bonuses. You need to keep an eye on the social media account of casino game developers as they offer discounts and bonuses through social media. Some gamblers even purchase Sweeps Coins online by other fellow gamers. The monetary value of each Sweeps Coin varies depending on the casino that you have selected to play. 

Risks in playing Sweepstakes

The risks and rewards in Sweepstakes and real money casino are different. In Sweepstakes, you can win cash prizes without placing real money wagers. However, in other online casinos, you are betting by using your hard-earned money.

Since Sweepstakes can be played in gambling restricted areas too, the number of players participating in various games is considerably high. So, the chance of winning in the games reduces considerably. In comparison to online casinos, the interaction between players is very low in Sweepstakes as it lacks social interactions.

Final verdict

All in all, there isn’t a precise answer on which casino is better for you. It depends on various factors that have been mentioned above as well as your personal preferences, likes, and dislikes. You can even consider reading genuine reviews on each casino and then choose one for yourself. Now that you have already learnt about the key differences between Sweepstakes and online real money casinos, it will not be difficult to make a decision. So, choose your preferred online casino and have fun gambling!

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At Lucky Marmot, we provide personalized casino and sports betting offers through affiliate links, earning us a commission at no extra cost to you when depositing. We urge readers to abide by local gambling laws, which may vary and change. Please note, Lucky Marmot is not a gambling operator and doesn’t offer gambling facilities. We can’t be held responsible for third-party site activities, and don’t condone gambling where it’s prohibited.