What is a Bitcoin sweepstakes casino and how does it work?
Sweepstakes casinos operate on a social gaming model using virtual currencies called Gold and Sweepstakes (aka Sweeps) Coins. Gold Coins are just for fun and have no redeemable value but Sweeps Coins can be redeemed for real money prizes after meeting certain criteria.
There’s no requirement to ever spend money to play at a sweeps casino but, if you choose to, it is possible to buy Gold Coin packs. Alongside debit and credit cards, eWallets and online bank transfer, cryptocurrencies such as Bitcoin have become a widely accepted payment method at sweeps casinos both for buying Gold Coin packs and making prize redemptions.
Important facts when using Bitcoin sweepstakes casinos
There are several distinct advantages and disadvantages to using Bitcoin to purchase Gold Coin packs and redeem Sweeps Coins for prizes, outlined below:
| Advantages |
Disadvantages
|
Instant Gold Coin purchases
One of the main advantages of using Bitcoin as a payment method for GC pack purchases is its speed. As Bitcoin uses blockchain technology, transactions are pretty much instant. |
Fluctuating value
In common with all currencies, Bitcoin is subject to daily fluctuations in value. These can be quite dramatic, and can vary between the equivalent of thousands of dollars each day. |
Enhanced security
Using Bitcoin as a payment method offers advanced security compared to other banking methods. Transactions are anonymous and encrypted so there is no risk of anyone else accessing your funds. |
Difficulty recovering funds
As Bitcoin transactions are made on a decentralised network, it’s pretty much impossible to get your funds back if you make a mistake when inputting your account number. |
Who can join BTC sweepstakes casinos?
Sweeps casinos are very similar to traditional casino sites but differ in the key aspect of deposits and withdrawals. Unlike real money sites, there’s no requirement to make a deposit to play at a Bitcoin sweeps casino and it’s not possible to withdraw winnings.
While real money casino websites are restricted in the majority of the US, the unique social play model means that sweeps casinos are legally permitted in 49 states. Washington is currently the only state which has placed a blanket-wide ban on these sites. However, every sweeps brand has its own rules and regulations, which mean that they aren’t available in selected states. There might also be slight variations in the age limits, with some sweepstakes casinos accepting players aged 18 and some 21. You can check the terms and conditions and more PromoGuy.us guides for full details on joining your chosen site.
Top Bitcoin sweepstakes casinos
There aren’t too many sweeps casinos that currently accept Bitcoin but there are a number of excellent sweeps casinos that support payment methods which facilitate easy Bitcoin transfers. I’ve curated a collection of the top sites, all of which offer a well-stocked games lobby and lots of ongoing promotions.
Stake.us - premium Bitcoin sweepstakes casino
Stake.us: Pros & Cons
- 1200+ casino-style games
- Safe and legit
- Cool promo deals
- Live chat support
Stake.us has to be one of, if not the best, Bitcoin sweepstakes casino. It has a games lobby full of titles from leading developers such as Hacksaw as well as exclusive in-house developed slots, table and live dealer titles, instant scratcher games and more.
Sign up to Stake.us using my exclusive code PROMOBOY and you’ll receive an instant bonus of 260, 000 Gold Coins and 55 Stake Cash plus 5% rakeback on any losses. You’ll receive more bonus Cold Coins and Stake Cash each day but if you want to make a purchase,
Stake.us accepts Bitcoin, plus Ethereum, Ripple, DogeCoin and more. Stake Cash redemptions can also be made using crypto.
Real Prize - the go-to site for slots play
Pros and cons of RealPrize
- Excellent Daily login bonus of 5,000 GC and 0.30 SC
- Fast gift card redemptions often within 24 hours
- Quality sweepstakes casino games from top providers like NetEnt
- Seven-tier VIP program with increasing rewards
- PayPal supported for purchases and redemptions
- Small game library of only 200+ titles
- Live chat support limited to higher VIP tiers
- No dedicated sweepstakes casino app
Although Real Prize isn’t a Bitcoin sweeps casino at the moment, it is a top pick for sweeps fans. The games catalog features hundreds of awesome casino-style slots and social casino games which can be enjoyed using the 100K GC and 2 SC you receive through the welcome bonus. There are also frequent giveaways on Real Prize’s social media pages and a VIP program.
You can’t make Bitcoin purchases or redemptions at Real Prize but they do support a wide range of other payment options including Visa, Mastercard, bank transfer and Skrill. This e-wallet allows you to easily convert fiat currency into crypto, making Real Prize a good option for Bitcoin holders.
Once you’ve accumulated 45 eligible SC meeting a 1x playthrough requirement, they can be redeemed as a gift card prize. Build your balance to 100 SC and you can redeem a cash prize.
McLuck - look out for lucky McJackpots
Pros and cons of McLuck
- Great selection of jackpot slots, including the McJackpot progressive jackpots
- Excellent mobile app for both iOS and Android devices
- Over 700 online slots from popular providers like NetEnt
- Live dealer games available
- Claim referral bonus of up to 100 SC
- High redemption threshold of 100 SC
- Limited table game options
Like Real Prize, McLuck doesn’t offer Gold Coin pack purchases or Sweeps Coin redemptions using Bitcoin but it does support Skrill. That means you can easily convert the prizes you win into Bitcoin. It also supports Visa, Mastercard, Google and Apple Pay and online banking.
McLuck is home to over 1200 games including slots from Habanero, NetEnt. There are megaways games, jackpot titles and hold and wins as well as a few live dealer games. Sign up to McLuck using my code No promo code required! and you’ll receive 7500 Gold Coins and 2.5 Sweeps Coins without the use of real money and to help you explore the varied game selection.
Prize redemptions, although not available through Bitcoin, are quick and easy at McLuck. 10 SC which meet the 1x playthrough rate can be redeemed as a gift card while a low limit of 75 SC is required for cash prizes.
How to get started at a Bitcoin sweepstakes casino
Signing up at a Bitcoin sweeps casino is very quick and, even if you’ve got no prior experience of using this type of site, it shouldn’t take you long to get started.
- Pick out your sweeps casino of choice.
- Head to the site and press the ‘Sign up’ or ‘Register’ button. Enter your personal details including name, DoB, and address.
- Before you move on, make sure to grab any promos or welcome bonuses by inputting any required
sweepstakes promo codes. For example, the bonus at Stake.us requires you to type in PROMOBOY to get your 260, 000 Gold Coins, 55 Stake Cash and 5% rakeback on losses.
- You’ll receive your bonus Gold and Sweeps Coins (or Stake Cash) into your account ready to start spinning the reels or hitting the tables.
- Don’t forget to verify your account to meet the site’s KYC compliance. This has to be done before you can redeem your Stake Cash for a prize so it’s worthwhile completing it at the point of signup.
Buying Gold Coin bundles with Bitcoin
As I mentioned, there’s no requirement to purchase Gold Coin packs to play at Bitcoin sweepstakes casinos. The site will hand you bonus Gold Coins each day through the daily login bonus and you have the chance of winning more by taking part in competitions. However, if you do want to make a GC pack purchase, I’d recommend you look out for any special deals on Gold Coin bundles, particularly if you’re a new player. The steps differ slightly across sites but will follow a broadly similar process:
- Log into your account and head to the ‘Buy’ page.
- Select the Gold Coin bundle you’d like to purchase. Look out for special offers such as discounted prices or bundles which include bonus Sweeps Coins on the side.
- Choose Bitcoin as your payment method.
- Tap in your wallet address to complete the transaction.
Redeeming SC as Bitcoin prizes
One of the best things about playing at Bitcoin sweeps casinos is the chance to redeem real life prizes. To do this, your SC have to meet a minimum playthrough, which differs at each site. For example, at Stake.us, it’s set at 3x. You’ll also require a minimum balance. Once you’ve met those requirements, follow these steps:
- From your profile, go to the Banking or Cashier section.
- Select ‘Redeem Prizes’.
- Enter the amount of Coins you’d like to redeem and select the redemption method > Bitcoin.
- Type in your wallet address and double check to make sure there are no errors.
- Check the box to confirm the transaction.
Once the sweeps casino has processed the transaction, your Bitcoin will be sent to your wallet.
Will Bitcoin always be around to use at sweeps casinos?
Bitcoin is a finite resource. Just like coal or diamonds, it is mined and there are limited resources available. Thus far, around 19 million Bitcoins have been mined, out of a limit of 21 million. That might sound like a large proportion, but experts estimate that it will take approximately 120 years to mine the remaining coins.
Other sweepstakes payment methods
Learn More About Sweepstakes Casinos
Conclusion - final thoughts on Bitcoin sweepstakes
At the moment, players won’t find a huge choice of Bitcoin sweepstakes but as it becomes a more widely accepted currency, it’s very likely that it will be increasingly featured as a sweeps casino payment method heading into the future. There’s also a large range of new sweepstakes casinos emerging onto the market which may embrace the use of cryptocurrency.
For now, Stake.us has to be my top choice of Bitcoin sweepstakes, not just for its crypto credentials. It also offers an excellent game choice, easy to use site and fantastic bonuses, beginning with the awesome welcome deal when you use my promo code.
Try these top Bitcoin sweepstakes casino bonuses
1.
25 SC and 25K GC signup bonus
+ 10K GC and 1 SC daily for life
2.
Get 300,000 GC + 30 SC FREE!
Playthrough: 3x Bonus
3.
100% Purchase offer: 200K Gold Coins + 20 SC FREE
Playthrough: 1x Bonus
4.
25000 Gold Coins and 1 Free Shuffle Cash
5.
50% Extra Value: Get 750,000 GC + 75 SC FREE
Bitcoin sweepstakes FAQs
🏆 What are the best Bitcoin sweepstakes betting sites?
No one Bitcoin accepting sweepstakes casinos can be said to be the best, as every individual will have different requirements. Some people love a site that has a mix of live dealer games and slots, while others might be more focussed on the slots side only. Either way, my guide has three of the best options.
⏱️ How long do Bitcoin redemptions take at sweeps casinos such as Stake.us?
Bitcoin SC redemptions are very quick and, once processed, could be in your account within an hour of the payment being approved. If it’s your first time redeeming SC for prizes, remember that you’ll need to complete the site’s KYC verification first.
🎁 Can you get welcome bonuses at Bitcoin sweepstakes casinos?
Yes, all of the sites listed here have exclusive deals for new members. McLuck offers their new players 7500 Gold Coins and 2.5 Sweepstakes Coins with the promo code No promo code required!, while the Real Prize sign up bonus offers 100K Gold Coins and 2 Sweepstakes Coins without a promo code.
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