Comparing Sweepstakes Coins and Gold Coins

Alex Marsh

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Last updated: 20 Mar 2023

Alex Marsh 20 Mar 2023

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Joe Calzaghe poses at the slot machines in the Casino during the boxers Grand Arrivals event on April 14, 2008 at Planet Hollywood Resort and Casino, Las Vegas, Nevada. (Photo by John Gichigi/Getty Images)

Sweepstakes Coins
Gold Coins
Winning Sweeps Coins with Gold Coins
Converting Sweeps Coins into Real Prizes
Sweepstakes Casino Games
Sweepstakes Coins and Gold Coins; a Comparison

When playing in sweepstakes sites, you will encounter two different types of virtual currencies - Sweepstakes Coins and Gold Coins. These two currencies are used for different purposes, and it is crucial to understand the differences between them.

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Sweepstakes Coins

Sweepstakes Coins, also known as Sweeps Coins, are used for playing games for real prizes. You cannot purchase sweeps coins directly with cash, but they are given out as a free bonus when you purchase gold packages or as part of a new player welcome offer. The standard value of a sweep coin is $1, and it is more valuable than gold coins.

Gold Coins

Gold Coins are used for playing socially and can be purchased directly with your real money balance. When you play with gold coins, you cannot redeem them for actual prizes. You can purchase gold packages with added free sweeps coins bonuses, but gold coins and sweeps coins cannot be used interchangeably.

Winning Sweeps Coins with Gold Coins

Gold coins are only valid when you are playing for fun, and you cannot win sweeps coins while playing with gold coins. To collect sweeps coins, you need to use sweeps coins or purchase gold packages with added sweeps coins bonuses.

Converting Sweeps Coins into Real Prizes

To redeem your sweeps coins for real prizes, you need to verify your identity and click on the redeem button, which is available on the sweepstakes site's main display. Chumba Casino has a minimum redemption limit of $100 in sweeps coins, while Global Poker has a minimum of 50 sweeps coins. Payment options for sweepstakes casinos include well-known options such as Mastercard, Visa, and Bank Transfer.

Sweepstakes Casino Games

Sweepstakes casinos offer a limited number of gaming options, which includes slots, table games, progressive games, and video poker. The lobby of sweepstakes casinos is slots-heavy, and most sites host their own games, which are exclusive titles.

Sweepstakes Casino Bonuses

Sweepstakes casinos offer bonuses to new players, including no deposit and deposit match offers. The most common bonus types for new players are the no deposit and deposit match offers, which are heavily discounted for new players to give them a perfect start.

Sweepstakes Coins and Gold Coins; a Comparison

	Sweep Coins	Gold Coins
Usage	Used for Playing for real prizes	Playing socially
Purchasing Method	Not Direct	Purchased directly with real money balance
Value	More valuable than gold coins	Value is not as significant as sweepstakes coins
Winnable	Can only be won when using sweeps coins	Cannot win sweeps coins while playing with gold coins
Redeemable	Can be redeemed for actual prizes	Cannot be redeemed for actual prizes
How to get	Can be obtained through free bonuses or purchasing gold packages	Can be obtained through free bonuses or purchasing gold packages
Game mode	Premium play	Standard play