What's the difference between sweepstakes and social casinos?

Online casinos have continued to pop up rapidly online, but not all of them are the same type. Here’s how you can tell whether an online casino is a sweepstakes casino or a social casino.

Due to an influx of game types, an increase in safety regulations, and the increasing accessibility of playing right on a mobile device, online casinos have become hugely popular in the United States. In fact, there are currently over 5,000 online casinos, a 5.2% increase compared to last year. As more and more online casinos pop up, it may start becoming a bit confusing to tell which ones offer real money, and which types are which.

The big difference between sweepstakes casinos and social casinos

The biggest difference between sweepstakes casinos and social casinos is that in a sweepstakes casinos, you are readily able to earn real money.

Sweepstakes casinos and social casinos are two types of online establishments that gambling enthusiasts will come across when searching the web for slots and blackjack. But only one will result in you earning real-world cash.

Sweepstakes casinos are online casinos where the games reward players with various online currencies with different names depending on the casino. More often than not they will be referenced as some type of SC, or sweepstakes coin. These can eventually be redeemed for real money, which will be paid out to you eventually in the form of a bank deposit or crypto depending on your preference.

Social casinos, on the other hand, do not have any cash prizes typically on offer. While this has some gambling fans feeling a bit confused, the benefit of social casinos is that there’s no money on the line and it will not typically cost money to play. It’s simply there to just play slots and other popular casino games without the risk — or reward.

Why do sweepstakes casinos use sweepstakes coins?

In the United States, most states have strict regulations that speak to it being against the law to require direct purchases in order to win a prize. To remain in compliance with these ever-changing regulations, sweepstakes casinos offer rewards without real-world value, such as sweepstakes coins, that can be both purchased or won without making a purchase using real-world money.

Sweepstakes coins and other, similar types of currency can later be redeemed for a cash payout, allowing for a variety of prizes, contests, and promotions without breaking any laws or running counter to any existing regulations. This allows providers to offer gaming opportunities to players while still steering clear of restrictions in the states that have them.

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