
For anyone wondering how Legendz coins work then the answer is quite simple. Instead of USD, Legendz uses virtual coins so bettors can make social wagers. They come in two types, and this guide explains how they work.
This makes Legendz free for social wager, and because these two coins work slightly differently, there is also the chance to redeem real world prizes when certain conditions are met. In this guide I outline how this all works so you’ll know exactly what to do when you visit the Legendz website using the banners on this page.
Here’s what I like and don’t like about the two-currency system you’ll find at Legendz.
As you might have seen in my full Legendz review, Legendz is a social gaming platform that provides free to play casino games but also a very highly rated social sportsbook. You will find Legendz in many states where you wouldn’t usually see a regular sportsbook, and this is because of Legendz Coins.
Instead of using real money to place wagers on sporting events, at Legendz this is done using virtual coins. This allows bettors to place social wagers in the same way. There are two types of Legendz Coins involved: Gold Coins and Sweepstakes Coins. They can both be used to make social wagers but have important differences :
Gold Coins | Sweepstakes Coins |
---|---|
Plenty in welcome bonus | Few given in welcome offer |
Can be bought in optional packages | Must be won or given to you |
Cannot be redeemed | Can be redeemed for real world prizes |
Now you know how the coins work, you’ll need to know how you get hold of them. You’ll get your first haul when you register at Legendz, a process that should only take a few minutes. After you’ve completed this, similar to how this works in many no deposit sweeps casinos and sportsbooks, you’ll get a welcome bonus. As you log in each day, you’ll also get more coins added to your balance again for free:
Legendz Welcome bonus | 500 Gold Coins and 3 Sweepstakes Coins |
Legendz Daily Bonus | Spin the wheel to get GC and up to 1.5 SC each day |
This will keep your balance topped up for casual bettors, but you might want to make social wagers more often while still using Legendz responsibly. You will find that you can buy various optional Gold Coin bundles. You can get these using bank and card options and act just like a regular retail purchase so the GC will be added to your balance straight away. Often, you’ll also receive free SC as a bonus reward after a GC purchase.
Buying Gold Coins is a good method to top up your balance, but there are other options. If you don’t want to make a purchase you can also get more Legendz Coins from:
As I’ve already mentioned, if you make social wagers with Gold Coins, all you win is more Gold Coins, and that’s as far as it goes. You can’t exchange, redeem or withdraw GC for anything else at all.
Meanwhile, making successful social wagers with Sweeps Coins does win you more Sweeps Coins, but because you’ve met the 1x playthrough requirement, those SC are now redeemable.
Before you can redeem your SC, however, you’ll need to complete KYC verification to prove you are in a legal state - you can check this in our short guide: where is Legendz legal? - and at least 18. This can be done by uploading ID and proof of address. Once those are complete, you need to ensure you have enough redeemable SC for the option you want:
As long as you have met the balance threshold and KYC verification, the redemption process is straightforward. You simply follow the instructions after hitting the redeem button, which involve choosing your reward. You’ll find that if successful, you’ll have your gift card within 24 hours, but if you are looking at a balance transfer this can take 1-5 working days depending on the method you selected.
While the idea of having two virtual currencies to make social wagers might seem confusing, in reality you get the best of both worlds.
You can make your social wagers for free, and you can do this just for fun or you can aim to eventually redeem real world prizes using SC. The best part of this all is that claiming a haul of coins to get you started takes no money and very little effort. All it takes is using the banners on this page to take you where you need to go, and now you know how Legendz coins work, you can get started whenever you are ready.
The short answer to ‘is Legendz real money’ is no. Legendz uses virtual coins instead of real money in the sweepstake casino and social sportsbook areas of its site, but you can redeem Sweepstakes Coins for real world prizes when other conditions are met.
Legendz can operates in more states because it complies with federal sweepstake regulations, as well as the specific sweepstake rules of each state where Legendz is available. Thanks to that, you can play at Legendz in most US states, except for Idaho, Michigan, Montana, North Dakota, Nebraska, Ohio, and Washington.
Legendz Coins come in two types: Gold Coins and Sweepstakes Coins. Gold Coins are just for fun, and they allow you to make social wagers for free. Sweepstakes Coins are also free to get and use, but when you meet playthrough requirements and collect enough, they can be redeemed for real world prizes.
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.