Do you have to deposit money to play sweepstakes casinos?

Olivia Richman

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Publish Date: 11/23/2024

It may seem a bit too good to be true, the idea of winning real money through playing casino games without putting any money in first, but sweepstakes casinos work a bit differently, and that means you don’t always need to deposit money to play sweepstakes casino games.

Sweepstakes casinos bring the excitement of real-life casinos to browsers and phone apps by allowing participants to win real money from slots, table games, and more. This has made sweepstakes casinos very popular, even as some wonder how it all works.

Do you need to deposit money to play sweepstakes casino games?

The short answer is no, you don't need to deposit money in order to play sweepstakes casino games. Sweepstakes casinos stay legal throughout North America by not requiring purchases from players in order to participate.

Sweepstakes casinos have virtual currency that gamers can use instead of having to deposit real-world cash. Each casino has its own type of site-specific currency, usually in the form of tokens, coins, or tickets. Currency is earned in a variety of ways, including by logging in, entering sweepstakes, and reaching milestones of play. Each online casino requires players to use a certain amount of currency in their games before cashing out. For example, some sweepstakes casinos may require you to use $25 worth of coins in games before you can cash out.

Real money can be spent to get more currency, but it’s not required. Since it’s not required, casino players do not need to deposit money to play games.

Sweepstakes bar and coins

What is a minimum cashout amount?

A minimum cashout amount is the smallest amount of money gamblers are able to withdraw from their account. This is the lowest amount that can be requested to be paid out, meaning if your funds are below this minimum cashout threshold then nothing can yet be withdrawn. Each sweepstakes casino will have its own minimum cashout amount.

These cashout minimum amounts are often set to encourage players to continue to play at a given digital casino, rather than quickly playing a few games, picking up some wins, and immediately withdrawing their winnings. It can also help to lower the overall number of transactions being asked of a given gaming provider by not allowing smaller transactions to be requested.

How do you make money playing sweepstakes casino games?

While depositing money isn’t required to play, using money will help you to earn a lot more money while playing sweepstakes casino games. In-game currency is offered for free and has no real-world monetary value. However, you can purchase more coins, which will result in earning Sweepstakes Coins. Those digital coins can be redeemed for cash.

In this way, sweepstakes casinos remain legal since they don’t require any direct purchase to play games. The more SC a player has, the more they can potentially redeem and turn into real money. Accruing these digital coins is how you can make money while playing sweepstakes casino games.