What Are Gold Coins at Sweepstakes Casinos?

Understanding the different native currencies at sweepstakes casinos is an essential stepping-stone to a more fulfilled and valuable gaming experience. Yet, before tackling the question of what are gold coins at sweepstakes casinos, let's provide some context as to why these sites use different currencies.

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Ross Timmins

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Nov 27, 2023

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Sweepstakes casinos offer two modes of play. One is for fun and entertainment, and the other is promotional play that gives players a chance to redeem their winnings for real-world cash prizes.

As there are two play modes, it makes sense to have two on-platform currencies. For fun mode, most sweeps casinos have adopted the name ‘gold coins’ (or GC for short) as the virtual currency.

In a nutshell, that’s what gold coins at sweepstakes sites are. However, there is a bit more to know about them, which we explain in this article.

Sweepstakes Gold Coins vs Social Casino Coins

The lines get blurred a little when comparing sweepstakes gold coins and social casino coins. Although these coins share many functionalities, they are not the same.

Sweepstakes gold coins are what you get at sites such as Pulsz and Stake.us, which offer two modes of play, as discussed in the introduction. Social casino coins are used on platforms like BetRivers.net, Slotomania, and Caesars Slots. These sites do not offer any sweepstakes contests.

Both coins have no real-world value. You cannot exchange or redeem them for cash prizes. However, some sweepstakes casinos require players to play through their GC to increase VIP rankings, which is a significant difference.

Reasons to Use or Buy Gold Coins at Sweepstakes Casinos

Through sign-up offers, daily login bonuses, and other regular promotions, sweepstakes casino players can accumulate free gold coins every day, so it’s not essential to buy them if you don’t want to. That said, these are some of the reasons players jump in and make a purchase.

  • To get free sweepstakes coins: To comply with US sweepstakes rules and regulations, the direct purchase of SC is forbidden. Therefore, sweepstake casino operators offer coin bundles where players purchase gold coins and receive sweepstakes coins as a free gift.
  • To unlock additional games/features: A handful of sweepstakes casinos have locked games that are only available to players who make a purchase. Therefore, this serves as a good reason to buy gold coins.
  • To play for longer: Some players simply enjoy playing Vegas-style casino games, and the free coins from the casino’s promotions are not enough for their needs.

Gold Coins and Sweeps Coins Differences

Gold coins and sweepstakes coins are both virtual currencies, but they are used by the casino for different purposes, which we’ve highlighted in the table below.

🟡Gold Coins🟢Sweeps Coins
Used for fun mode onlyUsed to play promotional sweepstakes
Cannot be exchanged or redeemed for money or other prizesWinnings can be redeemed for gift cards, real money, crypto, and other real-world prizes
You can purchase gold coinsSweeps coins cannot be purchased (directly). You can only obtain them as free gifts and through promotions

What is the Purpose of Gold Coins at Sweepstakes Casinos?

Gold coins are integral to sweepstakes casinos on multiple levels. From the operator’s side, these coins might be viewed as a bridge between players and sweepstakes coins. Of course, they power the social gaming component of the casino, but they also serve as an effective method of getting free SC to players through purchases.

As a player, gold coins are used to play new games to see if you like them and to try out different strategies before switching to promotional play with sweepstakes coins.

Furthermore, gold coins can be connected to the casino’s VIP program. For instance, at Stake.us, players are required to wager a certain amount of GC and SC before they can move up to the next level. With better SC bonuses waiting for players when they level up, there is a clear incentive to play with gold coins.

Conclusion

Gold coins drive the social sweepstakes casino industry. Whether you want to play for fun or you want to use them as a means to get free sweepstakes coins, they are crucial to these sites.

When choosing a sweepstakes casino, it’s worth finding out what benefits are obtained from the gold coins. They might not have any real-world value, but that doesn’t mean they should be overlooked, as we’ve highlighted in this guide.

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the author

Ross Timmins

Casino Tester

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Sweepstakes casino master tester. Ross has a knack for quickly deducing if a sweepstakes site is worth your time. His reviews are meticulously researched, and before you even think of a question, Ross will have answered it. He is also our resident bonus finder, you won’t find many people out there who have claimed more sweepstakes bonuses than Ross.

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