SportsMillions Coins: Understanding Virtual Currency and Its Uses 2025

Last Updated on 07/01/2025
Fact checked by: Collin

Understanding how SportsMillions coins work is essential if you want to enjoy this social betting site to the fullest. There are two types of coins here, known as Gold Coins and Sweeps Coins.

Gold Coins, often referred to as fun coins, are purely for entertainment and free play. Sweeps Coins, on the other hand, stand out with their unique ability - they can be used to redeem real prizes. Get your hands on both of these coins with the SportsMillions welcome bonus which includes 1,000 Gold Coins and 3 free Sweeps Coins.

SportsMillions
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SportsMillions Highlights
  • Automated social picks
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  • Play with GC and SC

What are SportsMillions coins?

There are two different types of SportsMillions coins: Gold Coins and Sweeps Coins. These virtual currencies are similar and different in many ways.

  • For example, Gold Coins are used purely for entertainment purposes and to explore all of the different games and betting markets at Sportzino.
  • On the other hand, Sweeps Coins are reserved exclusively for sweepstakes-eligible games and contests. However, Sweeps Coins have an additional use as they can be used to redeem real prizes including cash and gift cards. But, only after meeting all of the sportsbook’s terms and conditions.
FeatureGold CoinsSweeps Coins
PurposeUsed for free sports betting and entertainment.Used for placing bets in promotional mode.
ValueHolds no monetary value.No direct monetary value but can be redeemed for cash prizes at a rate of 1 Sweep Coin = 1 USD.
How to ObtainEarned as a bonus or purchased directly from SportsMillions.Earned through bonuses. Cannot be directly purchased.
RedeemableNot redeemable for cash or prizes.Can be redeemed for prizes, including cash and gift cards.
UsageCan be used on any sports market or game available at SportsMillions.Can only be used on sweepstakes-eligible games and contests.

Pros and cons of SportsMillions coins

Pros and Cons
Pros and Cons
  • No purchase required
  • Variety of bonuses and promotions
  • Redeem SC winnings for real prizes
  • Terms and conditions
SportsMillions
Social Betting Signup Promo
Pickem offer: $10 Bonus on Your First Deposit
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On the 1st Deposit
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SportsMillions
Social Betting Deposit Bonus
Deposit $10 Get $10
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On the 2nd Deposit
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SportsMillions
Social Betting Deposit Bonus
Deposit $10 Get a $5 Pick
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On the 3rd Deposit
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SportsMillions
Social Betting Daily Bonus
Up to 2.5 SC FREE Daily Reward
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SportsMillions
Social Betting Bonus
Pragmatic Jackpot Play
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SportsMillions
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Over 200 Million Gold Coins TREASURE
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Promotions to claim free Sports Millions coins

If you’ve read the SportsMillions review, you’ll know this social sportsbook is one of the best-rated for bonuses and promotions. These offers help put free SportsMillions coins into your account balance, ready for use. Here are some of the best SportsMillions offers:

🎉 Welcome Bonus

The welcome bonus at SportsMillions includes up to 170,000 Gold Coins and 7 free Sweeps Coins. To claim this bonus you will need to complete a variety of different tasks from registering your account to enabling SMS notifications, linking your Google account, and more. Every time you complete one of these tasks you will receive a portion of the bonus.

📅 Daily Login

The daily login bonus awards players with a minimum of 20,000 Gold Coins and 1 free Sweeps Coin every 24 hours. This means that you’ll be able to use Sportzino daily, thanks to this repeatable bonus. Claiming this bonus is also one of the tasks required for the welcome bonus, so you should be familiar with this one from the get-go.

👋 Refer-a-Friend

The Sportzino referral program can provide significant rewards. If a user registers using your referral code or link, you could receive up to 2,000,000 Gold Coins and 30 free Sweeps Coins. However, the exact amount you can receive from this bonus is largely determined by how active your referred friend is. So, be sure to tell them about all the features and benefits of this sweepstakes site.

Purchasing Gold Coins at Sports Millions

It is possible to purchase additional Gold Coins from new online sweepstakes casinos and sportsbooks like SportsMillions. This is by no means a requirement, as you can claim more than enough Gold Coins from the previously listed promotions. However, it serves as a nice optional extra for those interested.

To purchase Gold Coins (or to redeem prizes) you must have passed Sportzino’s verification check. This check ensures you meet the minimum age and location requirements set by the sportsbook. You will need to submit documents showing proof of ID, proof of residential address, and a recent bank statement. It’s recommended that you complete this verification as soon as possible to avoid any delays, so make sure you have these documents ready to go.

With a fully verified account, you can then head to the Gold Coins store to make a purchase. As a new player, keep your eyes peeled for any promotional offers on your first purchase. Currently, you can purchase 1,350,000 Gold Coins and receive 35 free Sweeps Coins for a discounted price of $19.99.

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How do SportsMillions coins work for prize redemptions?

Sweeps Coins at SportsMillions are your golden ticket to receiving real prize rewards like cash and gift cards. However, there is a strict set of requirements that must be met before you are eligible to receive the rewards.

First off, you will need a fully verified account and to have met the 1x minimum playthrough requirement on your Sweeps Coins. You will also need to have accumulated at least 50 eligible Sweeps Coins and met any additional requirements stipulated by Sportzino. With all these terms and conditions ticked off you can start the redemption process by following this guide:

  1. Log into your Sportzino account via the website or app.
  2. Click the icon in the top-right and select ‘Redeem’ from the drop-down.
  3. Choose the amount of Sweeps Coins you want to redeem.
  4. Add your chosen payment method and double-check all details are accurate.
  5. Click confirm to send your prize redemption request.

When choosing your payment method you will get one of three options: gift card, ACH bank transfer, or online banking via Trustly. All three of these options share the same redemption rate, which is 1 Sweep Coin equal to 1 USD.

Moreover, gift cards provide the quickest transaction time, delivered to your provided email in 24 to 48 hours. ACH bank transfers and Trustly will deliver a cash prize to you within 2 to 5 business days.

You are also responsible for any SportsMillions taxes that you may need to pay as a result of redeeming prizes, so be sure to check your state’s rules.

Conclusion: How to use Gold Coins and Sweeps Coins at SportsMillions

Sportzino coins are a lot easier to understand than you might have first thought. Gold Coins at Sportzino can be used for entertainment purposes on any available market or game. Sweeps Coins, on the other hand, are your opportunity to redeem real prizes like cash and gift cards. Just be sure to read the rules carefully and consider the 1x playthrough and minimum redemption. Additionally, you can claim these coins through a wide variety of bonuses and promotions including a generous welcome offer. So why not sign up to claim this bonus today? Happy betting!

Social Betting Promo
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SportsMillions
Social Betting Promo
4.2/5
Pickem offer: $10 Bonus on Your First Deposit
Signup Promo
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T&Cs and 18+ apply
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SportsMillions coins FAQs

💳 Can I purchase SportsMillions Sweeps Coins?

No, Sweeps Coins cannot be purchased at SportsMillions. They can only be obtained for free through various promotions, including the welcome bonus, daily reload, referral offers, and more.

🔄 How to convert SportsMillions coins?

It is not possible to convert your Gold Coins or Sweeps Coins. Both coins must be used for gameplay and sports bets, they can not be exchanged or converted. However, eligible Sweeps Coins can be used to redeem prizes if all requirements are met.

💰 Can you win real money at SportsMillions?

Is SportsMillions real money is one of the first questions asked by new players. The simple answer is no, you cannot play with or win real money at SportsMillions. However, verified users can use eligible Sweeps Coins to redeem real money prizes or gift cards.

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