The iGaming world is ever changing and we have seen many new introductions over the years. From live casino games to cryptocurrency deposits, every year we have something new to enjoy in the iGaming industry. However, one of the major changes to iGaming has come in the way of sweepstakes casinos.
This has been a huge gamechanger for iGaming and, on this page, we look deeper into how the sweepstakes model is changing iGaming.
What is the Sweepstakes Model?
The sweepstakes model involves gambling on casino games without using real money. Sweepstakes casinos offer a range of online casino games, with slots being the most popular type of game and they are played using virtual currency.
There are two forms of virtual currency at an online sweepstakes casino and they are commonly referred to as gold coins and sweeps coins. The gold coins can be purchased using real money at sweepstakes casinos and the coins are used to play the games. Gold coins have no real monetary value and you cannot win real money when playing at sweepstakes casinos using gold coins. Sweeps coins are not available to buy at sweepstakes casinos but can be awarded when buying gold coins or through other promotions.
When using sweeps coins to play games at sweepstakes casinos, it is possible to redeem the winnings for real prizes, including cash. So, the games can only be played using virtual currency but sweeps coins can be exchanged for real prizes. Such is their popularity, there is now a flow of new sweeps casinos entering the market all the time.
Availability of Sweepstakes Casinos
The reason why sweepstakes casinos are changing iGaming, especially in the United States, is because they are legal throughout much of the country.
Most online sweepstakes casinos are legal in every state other than Washington but even people in Washington can easily cross to a neighboring state to play sweepstakes casinos. When compared to real money online casinos, sweepstakes casinos have a huge market to target but real money online casinos are only legally available in six states at the time of writing.
There is a huge difference between the number of people who can legally play online sweepstakes casinos and real money casinos in the United States. It will be interesting to follow developments as more sweepstake casino brands are introduced and how real money online casinos are going to fight back. Real money online casinos have long been the only option for people wanting to play online casino games with a chance of winning money. That is no longer the case and this how the sweepstakes model is changing iGaming.
Sweepstake Casino Brands
We are spoilt for choice when it comes to sweepstake casinos brands and there are now plenty of options online. One of the most popular is Chumba Casino and this brand has grown to become a major hit with the iGaming community in the US.
There is a generous bonus available for new members and there are many ways to collect sweeps coins. As sweeps coins are the only way to win real money when playing at sweepstakes casinos, it is a good idea to play at casinos where sweeps coins are easily obtainable. Chumba Casino was launched in 2012 and is owned by Virtual Gaming Worlds, who have developed other online sweepstake casino brands, including Global Poker and LuckyLand Slots.
There are slots, jackpots, and table games available at Chumba Casino and although the choice of games may be fewer than the big real money online casinos, there is more than enough to enjoy for most players.
Fortune Coins Casino is another of the top brands and their choice of games include video slots, card games, poker, keno, and studio games. At the time of writing, there are 500 gold coins available for free thanks to the welcome bonus and with plenty of ongoing promotions, it could be possible to continue playing at Fortune Coins Casino without spending any money. Fish and shooting games are some of the most popular online casino games right now and they are available at Fortune Coins Casino, showing how sweepstakes casinos are keeping up with the current trends.
