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Best Sportsbooks US / SportsMillions Review / SportsMillions Redemption Guide

SportsMillions Redemption Guide: Detailed Explanation on Cashing Out Your Winnings

Last Updated on 25/02/2025
Fact checked by: Collin

If you love social sports betting, SportsMillions should be on your radar. As a social sportsbook, bettors cannot directly make SportsMillions withdrawals, but they can redeem prizes using Sweepstakes Coins (SC) winnings after meeting the playthrough requirements.

When it comes to SC redemptions, SportsMillions has some of the best terms, and the rules are easy to understand and follow. In this SportsMillions redemption guide, I explore and detail the social casino’s redemption process, the available methods, fees and waiting times for redeeming rewards. I also unpack some of the current bonuses and promotions for bettors.

Overview of SportsMillions

Similar to sites like Sportzino and Legendz, SportsMillions is a hybrid social casino and sportsbook. So, this means that SportsMillions real money gaming is not possible, but since it’s a social site, all social gaming is available with virtual currencies. You can use these virtual currencies to play three different SportsMillions game modes: social casino gaming, Blitz’em, and Pick’em.

The social casino and Blitz’em game modes are both social gaming options. For social gamers, there are hundreds of exciting casino games, including popular sweepstakes slots like Sweet Bonanza, Gates of Olympus and Big Bass Splash. For social sports bettors, if you enjoy your DFS-style predictor games, you will have a blast with the Blitz’em game mode. With SportsMillions Blitz’em, bettors are given a randomized player roster/squad, and you can use your free coins to place wagers on your team. This is a fun way to follow the action, and unlike traditional social sportsbooks, these games offer more innovation and entertainment.

SportsMillions virtual currencies

Similar to standard social casinos, the two virtual currencies used at SportsMillions are Gold Coins (GC) and Sweepstakes Coins (SC). While both coins provide bettors with exciting social betting opportunities, there are a few differences between how these coins work. Below is a breakdown of the SportsMillions Gold Coins and Sweeps Coins:

Gold Coins

These GC are used for entertainment purposes only and hold no real money value. GC are available for free with the welcome bonus, plus other promotions such as the daily login bonus and special offers. You can use GC for both the social casino and Blitz’em game mode. If you require additional GC, you can make GC purchases. Unlike SC, GC can never be used for SportsMillions redemptions.

Sweepstakes Coins

SportsMillions Sweeps Coins are more interesting than the GC on the site. SC are used for promotional betting and these coins can never be purchased. SC can be used on social casino games and the Blitz’em game mode. SC winnings can be redeemed for real cash prize redemptions, but they must first meet playthrough requirements. All SportsMillions Sweeps Coins have a 1x play-through requirement before prize redemptions can be made. To redeem SportsMillions SC, a minimum balance of 10 SC is required for gift card redemptions and 75 SC for cash prizes.

SportsMillions bonus offers

🎉 Welcome bonus

As mentioned in my SportsMillions review, there is an exclusive welcome offer for all new bettors. After creating your free account, all new bettors are welcomed with 1000 Gold Coins (GC) and 3 Sweepstakes Coins (SC).

📅 Daily login bonus

Every day, you can get even more free coins when you log into your SportsMillions social betting account. The SportsMillions daily login bonus includes 6,000 Gold Coins + 0.25 Sweeps Coins.

👥 Referral bonus

For every new friend you bring to the site, you are given some free SportsMillions coins. The more friends you bring, the bigger your potential free coins. For example, once your referral makes their first GC purchase, you will receive free GC and up to 70 SC.

🏆 Weekly bonuses

Besides these offers, some weekly bonuses and promos offer additional free coins for bettors. These seasonal promotions include tournaments with prize pools, social media bonuses with free SportsMillions Sweeps Coins and mystery giveaways.

SportsMillions redemption rules

As I mentioned, you cannot make direct SportsMillions withdrawals, but you can redeem prizes with SC once you have complied with the playthrough terms. Now that you know how the different coins work on the site, it’s time to detail how to redeem from SportsMillions. Below is a list of rules that all bettors must follow before making a SportsMillions redemption:

  • You can only make SC redemptions with your SC winnings. GC are for entertainment only and can never be used for prize redemptions.
  • SC redemptions are only processed once bettors’ accounts have been verified after submitting KYC documentation.
  • All SC must be played through at least once before SportsMillions redemptions can be processed.
  • There are two SC redemption methods – gift card vouchers and cash prizes.
  • You need a minimum of 10 SC for gift card voucher redemptions.
  • For real-cash prize redemptions, you need a minimum of 75 SC.
  • The redemption processing time for SC gift card vouchers is 24-48 hours.
  • The redemption processing time for SC cash prizes is 2-5 days.

Here is a table summarizing the fees and waiting times for the two SportsMillions prize redemption methods:

Rewards TypeMinimum BalanceFeesRedemption TimeDelivery Method
Gift Cards10 SC-24-48 hoursDirect email
Cash Prizes75 SC-2-5 daysBank transfer

Step-by-step guide on how to redeem prizes from SportsMillions

Remember, there are no SportsMillions withdrawal options; rather, you can redeem your SC winnings for real cash prizes. It only takes a few minutes to complete the redemptions process, and below is a step-by-step guide on how this works:

  1. Go to your SportsMillions account balance page.
  2. Click the Redeem button.
  3. Select your SportsMillions prize – choose either to redeem gift cards or redeem cash prizes.
  4. Enter your personal information and details for the SportsMillions redemption process.
  5. Submit the request.

Once your request has been approved, you should receive your SC winnings within 48 hours for gift card redemptions and within 5 days for cash prize redemptions.

SportsMillions account verification process

Friends, I know I sound like a broken record, but I must stress that all bettors’ SportsMillions accounts must be verified to make an SC prize redemption. You will be prohibited from making a SportsMillion redemption if your accounts are not verified. At SportsMillions, all bettors are required to submit the following documents for account verification:

  • Copy of ID – You can provide the site with several types of ID documentation, including a photo ID of your passport, driver’s license or state-issued ID card.
  • A selfie – A clear image with your full face visible.
  • Proof of address – Generally, these documents must not be older than three months. A copy of your bank statement, phone or utility bills can be used, provided the account is in your name and your home address is shown clearly on the top of the document.

Pros and Cons: How to redeem from SportsMillions

sportsmillions social casino and betting
  • The SportsMillions redemption process is simple
  • You can use direct email and bank transfer
  • The SportsMillions SC exchange rate is 1:1
  • Account verification can take up to 48 hours

Tips on how to redeem from SportsMillions

If you want to maximize your SportsMillions sweepstakes experience, there are some tips to follow to enjoy the easiest redemption process. Below, I provide some tips to remember when making a SportsMillions redemption:

  1. Make sure that your account is verified before trying to redeem an SC prize. It is best to verify your account as soon as you have created one so there are no unnecessary delays later on when making SC redemptions
  2. Remember to play through your SC at least once. Try and diarize this so you can keep track of how much SC balance still needs to be played through
  3. Diarize the minimum redemption limits for the SC redemption methods
  4. GC first, SC second – use that strategy to play casino games and place sports wagers. Your SC is more sought-after, so conserve those coins and only use them when you are confident
  5. Remember to log into your account daily to get the free SC coins, and you can use these when requesting prize redemptions
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Conclusion – The SportsMillions redemption process is quick and easy

As discussed, SportsMillions withdrawals are not possible, but instead, you can make SportsMillions redemptions with your SC winnings once you have complied with the playthrough requirements. The SportsMillions redemptions process is quick and easy, and there are no additional fees for bettors.

As long as you have played through your SC balance at least once and have met the minimum SC redemption limits, you can redeem your SC for either gift card vouchers or real cash prizes. Remember to read through all the SportsMillions rules and should you encounter any issues, contact the support team.

SportsMillions redemption FAQs

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