Sportsgrid Staff
Host · Writer - Published: 10/06/24
Social casinos do not permit real money gambling, but they let you play with virtual currencies, purchased using various sweepstakes casino payment methods. They also allow you to redeem prizes after fulfilling their promotional terms.
No one size fits all when it comes to social casino payment methods, so you need to figure out which one works best for you. Our guide will share the most common payment methods to purchase Gold Coins and redeem real cash prizes, and reveal the best process to ensure a smooth payment processing experience.
Whenever you want to purchase Gold Coins or redeem promotional prizes at your best social casino, your preferred gaming platform may offer one or more payment methods. Here are the most common payment options.
Bank cards, credit cards, and debit cards are the most common methods that you will find at most social casinos. You should use a bank card in your name when making purchases. Most social casinos primarily accept Visa and Mastercard cards. Although Discover or American Express may be available, they are less common.
If you want to avoid the inconvenience of getting a bank card and the fees that come with owning one, an alternative may be bank transfers. You can purchase Gold Coins directly using bank transfers. Additionally, most social casinos let you use bank transfers to redeem real cash prizes.
Ewallets are another popular payment option for players who want to keep their bank details separate from their social casino purchases. The most popular e-wallets include Paypal, Skrill, and Neteller.
The newest payment method is cryptocurrencies, which offer enhanced security, usually instant transactions, and anonymity through blockchain technology. Some social casinos, such as Stake.us, offer Bitcoin, Ethereum, and USDT as payment methods.
Remember, social casinos use virtual currencies instead of real money currencies. Typically, this refers to the two primary virtual currencies, Gold Coins and Sweeps Coins.
Don’t get worried if you come across some casinos using custom names, like WOW Vegas, which uses WOW Coins as the name of its Gold Coins. They are the same thing. Gold Coins are the playing currency whether you choose slots, Megaways, or any other games like roulette.
While bonuses are the main way you get Gold Coins, occasionally you may run out. That’s not a problem at all, because all social casinos allow you to purchase Gold Coin packages for as little as $0.99. The only catch is that you’ll need to select a payment method and social casino that permits your minimum purchase amount.
Sweeps Coins have two uses. The first use is to play games, and the second use is to redeem cash prizes after satisfying the playthrough requirements, which range from 1x at WOW Vegas to 3x at Stake.us. While you cannot purchase them, you can receive them in two ways: bonuses or winning some by playing promotional games.
Instead of going through a lot of hits and misses to figure out which payment method works for you, some expert assistance goes a long way in setting you on the right path. Here are five criteria to help you find the payment method that works best for you.
Trustworthy social casinos prioritize the safety and security of your financial data by putting in place measures to protect you from financial fraud. Some measures you should look out for include SSL encryption at the casino website and whether they run you through KYC checks when you initiate cash prize redemptions.
Gold Coin purchases should be as short as possible, reloading your account balance so that you can get back to the fun quickly. You will have to be a little more lenient when it comes to real cash prize redemptions, as most sweeps casinos take 3-5 business days.
Most social casinos do not charge any fees for transactions. However, some sweepstakes casino payment methods may charge fees, for payment methods like ACH transfers and cryptocurrencies, with ewallets charging the lowest fees.
The best sweeps casino sites should offer the most widely used payment methods, such as Visa, Mastercard, and Skrill. The only compromise you will have to make will be on redemption, where the choice is usually limited to bank transfers for most social casinos.
We mentioned that you can purchase Gold Coins as low as $0.99; therefore, you should check that your preferred method and casino have low purchase limits. On the other hand, the payment method you choose should allow high cash prize redemption limits.
The range of payment methods will vary at any existing or new social casino. However, some social casinos offer a wider variety to suit almost every player who visits, intends to purchase Gold Coins, and possibly redeem cash prizes. Here are three social casinos that you can rely on for a decent variety of trustworthy payment methods.
Stake.us’ welcome offer outshines most popular social casinos, with only Fortune Coins and WOW Vegas being the only two other decent offers. To access an initial bonus of 260,000 GC, $55 worth of SC, and a 5% rakeback, use the social casino promo code SPORTSGRID BONUS.
While you can only use cryptocurrencies, you have a variety of eight cryptocurrencies to choose from, like Dogecoin and Ethereum, and an additional 300,000 GC for logging in for 30 days consecutively after registration.
McLuck is popular for being one of the only social casinos with highly rated mobile apps for both iOS and Android users. Once you have an account, you receive a welcome bonus worth 57,500 Gold Coins (GC) and 30 Sweeps Coins (SC) to play over 700 titles. Don’t worry if you run out of Gold Coins because there are a couple of unlimited play slots to enjoy with a zero balance.
WOW Vegas has the most generous welcome offer of 1.75 million GC and 35 SC, with the closest second social casino, Fortune Coins, having 1.12 million GC less. You will receive an initial no deposit bonus of 150,000 WC + 3 SC on the first day and an extra 50,000 WC + 1 SC for the next two days to enjoy over 800 slot games. Megaways slots are very popular here because there are titles that offer up to 117,643 ways to win.
To easily purchase Gold Coins, follow these steps:
Most social casinos have a limited number of accepted redemption methods for real cash prizes. At most social casinos, you’ll most likely be stuck with bank transfers and, on rare occasions, cryptocurrencies, like at Stake.us. These are the steps to follow to request a redemption:
You can legally access sweepstakes casinos online in most US states except Idaho, Nevada, and Washington. As long as you are of legal age, ranging from a minimum of 18 years to 21 years, you can create an account, claim bonuses, and start playing your favorite games.
You will probably barely need to make any Gold Coin purchases at social casinos because there are many opportunities to receive them for free through regular bonuses. However, if you ever need to make a purchase, select a payment method that your preferred casino accepts, has a low minimum payment limit, and offers instant processing speed to maximize your enjoyment.
However, there are usually only two real cash prize redemption methods, with bank transfers being the most common. But that’s a small inconvenience, considering your primary goal is to have fun, and real cash prizes are just the icing on the cake.
You are not required to pay any money at social casinos. However, you can purchase Gold Coins, using any accepted payment method, to play your favorite games.
Social casinos offer titles from categories including slots, table, and scratch games.
No, you cannot play with real money at social casinos. However, you can play games and redeem prizes using virtual currencies.
_1682010035.svg)
