I rate The Money Factory as one of my favorite US social casinos - it’s got 1,000+ casino-style games to play and one of the best live dealer sections. They also offer plenty of free bonuses and promotions.
To make things clear, there isn’t any The Money Factory casino real money gameplay happening here, you’ll only play with virtual currencies. However, when you play with Sweeps Coins, you can redeem your winnings for real prizes, subject to certain T&Cs. Read on to find out how Sweeps Coins work at The Money Factory and how to redeem them.
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The Money Factory Highlights
- Register and claim a welcome bonus of 15,000 GC and 3 free SC
- Daily reload bonus of 1,000 Gold Coins and 0.2 Sweeps Coins
- Diverse games collection provided by leading software developers
Does
The Money Factory casino pay real money?
Let’s be clear - The Money Factory does NOT allow players to use real money. It’s a sweepstakes casino that operates using two virtual currencies: Gold Coins (GC) and Sweeps Coins (SC). Both can be obtained for free with no purchase necessary.
Gold Coins are used to play games for fun and entertainment only. However, you can redeem your Sweeps Coin winnings for cash prizes or gift cards at The Money Factory, if you fulfill certain terms and conditions.
How does that work? The answer is simple - via Sweeps Coin redemptions. Sweeps Coins are the virtual currency that you use to play the casino-style games in promotional mode. If you win at least 100 SC, then you’ll be eligible to redeem them.
Important SC redemption requirements
You can’t simply head to your account and make immediate Sweeps Coin redemption requests with bonus SC. There are a few conditions to meet before you can redeem a prize:
- Playthrough requirement: Any bonus SC you have – i.e. Sweeps Coins you DIDN’T win from gameplay – have a 1x playthrough requirement. This means that you must use them at least once on SC-eligible games before they can be redeemed.
- Minimum SC balance: You can only make SC redemptions if you have a minimum balance of 100 SC. If you try to redeem with less than this, the redemption option will simply be blocked out.
- KYC verification: You won’t be able to do anything with your SC until you have passed the KYC (Know Your Customer) verification. This is a simple ID verification intended to protect you and to prevent fraud. This will require a few documents, including a valid ID, and proof of your permanent address.
Once you have met these criteria, you can make SC cash prize redemptions! At The Money Factory, you can make cash prize redemptions using Skrill or bank transfer. Skrill redemptions should be processed within 48 hours, while bank transfers can take between 2-14 days to process.
To redeem your SC, just head to your account and click the relevant redemption option - you can then enter your payment details and submit your request. If you have any issues, I recommend using the live chat to speak to customer support – whenever I’ve spoken to them, I’ve had a reply within 5 minutes.
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The Money Factory SC redemption pros and cons
As my
The Money Factory review
has hopefully made clear, this is one of my favorite US social casinos. However, that doesn’t mean TMF is perfect. I want you to have an unbiased view of this website, and where it could be better, so I’ve explained its main pros and cons below:
Pros & Cons
- Superb collection of live dealer games
- Games supplied by developers like 3 Oaks Gaming
- Excellent welcome bonus
- Daily login bonus of 1,000 GC and 0.20 SC
- No downloadable The Money Factory app
How to get Sweeps Coins at TMF to make redemptions
Although you can’t technically play
free slots that pay real money at The Money Factory, SC redemptions are possible as you can see from the above. Of course, to do that, you’ll need to get your hands on some free SC. Here are all of the ways you can do that at TMF:
| Method | Details |
| Welcome bonus | 15,000 Gold coins and 3 Sweeps Coins |
| Daily login bonus | 1,000 Gold Coins and 0.20 Sweeps Coins |
| AMoE mail-in request | 3 Sweeps Coins per request |
| Refer-a-friend bonus | Up to 100,000 Gold Coins and 100 Sweeps Coins per referral |
| Gold Coin purchase bonuses | 3x offers that give bonus Sweeps Coins |
Here are some additional details on how you can claim each type of bonus:
- Welcome bonus: You get this bonus simply by registering an account and verifying your email address.
- Daily login bonus: This can be claimed every 24 hours and amounts to a weekly bonus of 7,000 GC and 1.4 SC.
- AMoE mail-in request: This can be sent multiple times. You can find full instructions on the “sweepstakes rules” page.
- Refer-a-friend scheme: This has a 3-tier reward system that can get you up to 100,000 Gold Coins and 100 Sweeps Coins for each referral, with no limit on how many people you can refer. Whether or not you get a bonus will depend on whether your friend decides to make an optional GC purchase.
- GC purchase bonuses: GC purchases are optional, but they all include free SC. You get a discount on your first 3 purchases. For example, the 1st GC purchase bonus gives 32,000 Gold Coins for $7.99. You’ll also get 32 SC as a free bonus after the GC purchase.
- Play Games:
By playing the 1,000+ casino-style games at The Money Factory in SC game mode. When you play games using Sweeps Coins, your winnings are given in redeemable SC.
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How to make the most out of your free SC
If you’re looking to have fun at TMF and potentially win more SC in promotional mode, I’ve used my own experiences to give you some tips below. These should help you get the most out of your SC and maybe increase your chances of building up your balance.
1. Use the smallest possible play value
Let’s look at a scenario - you have 10 Sweeps Coins and you want to work towards The Money Factory casino real money redemptions. So, you play The Dog House from Pragmatic Play and set your spin value to 10 SC - you lose. Now you have nothing and have to start from scratch.
In this scenario, it would have been far better to set your spin value to 0.20 SC. This gives you more chance of hitting the theoretical game RTP and means you don’t waste all your SC on one spin!
2. Look for high RTP games
Whenever I want to meet the 1x playthrough requirement for bonus SC at TMF I go to the live Blackjack table. This is because Blackjack has a theoretical RTP of over 99% and you have more chance of retaining your SC while you are trying to meet the 1x playthrough requirement compared to slots.
The major caveat is that you MUST play using optimum strategy. You can Google this, but there are a simple set of guidelines to follow in terms of standing, hitting, and using doubles to give you the best chance of winning at Blackjack.
3. Always get your daily login bonus
I only play at social casinos a few times per week. Nevertheless, I still log in to my accounts every day to get the daily login bonus. You should do this for The Money Factory too and get your 1,000 Gold Coins and 0.20 SC.
It doesn’t matter if you intend to play or not either. If you do this 7 days in a row, the daily rewards add up to a
The Money Factory weekly boost
of 7,000 Gold Coins and 1.4 SC which can go a long way to help you towards redeeming those SC winnings for prizes.
4. Make use of the first GC purchase bonuses
If you decide to top your account up with an optional Gold Coin package, make sure you use the first, second, and third GC purchase bonuses first! These give excellent rewards, and all three GC packages include free SC bonuses. For example, you get a 300% discount from your first purchase - that’s 32,000 Gold Coins for just $7.99, with 32 Sweeps Coins included as a free bonus.
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Amazing bonus offer at The Money Factory
Work towards SC redemptions at The Money Factory today
You should now have a clear understanding of The Money Factory casino real money redemptions and how they work, and despite our dissappointment in the lack of
The Money Factory mobile app, we admit we are fond of this sweepstakes casino. However, there are a few key points to remember - you must have a minimum balance of 100 SC won through gameplay to request a redemption and you must pass the KYC verification before SC redemptions are available.
You can get started at The Money Factory today by registering an account and getting your 15,000 Gold Coin and 3 Sweeps Coin welcome bonus. After that, remember to login daily to get your 1,000 GC and 0.20 SC reward, refer any friends you have using your unique referral link, and think about the types of games you are playing when working towards SC cash prize redemptions!
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The Money Factory real money FAQs
💸 Does The Money Factory pay real money?
No. You can’t play real money games at The Money Factory as it is a sweepstakes casino where you only use Gold and Sweeps Coins to power the games. You can easily collect free Sweeps Coins to play with, and if you win more through gameplay, you can redeem them for cash prizes. Provided you have a minimum balance of 100 SC and have met the 1x playthrough requirement for any bonus SC, then you’re good to go.
🎮 Is there a playthrough requirement for bonus SC at The Money Factory?
Yes, there is a 1x playthrough requirement. This means that any bonus SC you get, from the welcome bonus or daily login bonus, for example, must be used to play games at least once before that SC can be redeemed.
👤 Who can legally play at The Money Factory?
If you are a US resident, over 18, and NOT a resident of Idaho, Louisiana, Montana, Michigan, Nevada, or Washington, then you can legally register an account and get started at The Money Factory.
🆔 Do I need to pass a KYC check to make cash prize redemptions at TMF?
Yes. This is standard practice for US sweepstakes casinos. A Know Your Customer check involves uploading a valid photo ID, proof of address, and taking a selfie so that your likeness can be compared and verified to your photo ID. Until you make this KYC check, SC redemptions won’t be available at TMF.
