The Concept of Gold Coins on Sweepstakes Casinos
For new players at sweepstakes casinos, gold coins are used to play the various game offerings for fun, while getting to know the platform. They are designed strictly for fun and entertainment purposes and have no monetary value, giving players the opportunity to enjoy their favorite table games, online slots, poker, and more without the risk of losing actual money.
As a result, gold coins have no redemption value, but are essentially for playing a wide range of the games available on the platform. At their core, gold coins are a central part of the sweepstakes casino model and once acquired, can be used right away for playing any of the games offered on the site.
Gold Coins VS Sweeps Coins
While sweeps coins (SC) can be used to win sweepstakes entries, which can convert to real prizes, gold coins (GC) are used purely for entertainment purposes. Since they don’t hold any real-world value, sweepstakes casinos are quick to offer a plethora of golf coins to players, via welcome offers and ongoing promotions.
Gold coins are in near unlimited supply at sweepstakes casinos, since, unlike sweeps coins, they come at no financial risk or cost to the casino. One way that gold coins and sweeps coins are the same, is that all of the games within the sweepstakes casino can be played with both, with outcomes depending on which coins they’re using.
How to Obtain Gold Coins?
There are multiple ways for players to acquire gold coins at sweepstakes casinos:
Different Names For Gold Coins
It's worth mentioning that not all casinos call this currency "gold coins." Each sweepstakes casino has its distinct name. Here are some examples:
Sweepstakes Casino | Gold Coin Name |
---|---|
Chumba Casino | Gold Coins |
Vegas Gems | Shards |
WOW Vegas | WOW Coins |
Luckyland Slots | Gold Coins |
Spree | Gold Coins |
Pulsz | Gold Coins |
High 5 Casino | Game Coins |
Stake.US | Gold Coins |
McLuck | Gold Coins |
Fortune Coins | Gold Coins |
Uses of Gold Coins in Sweepstakes Casinos
Sweepstakes casino players use gold coins in a variety of ways, primarily to access and play casino-style games such as blackjack, roulette, online slots, poker, and more. The gameplay at sweepstakes casinos is designed to mimic traditional online casinos, with gold coins being used instead of real currency.
Gold coins used at sweepstakes casinos allow players to join in the excitement and entertainment without assuming any financial risk. Another great use for gold coins is to try out different gaming strategies, explore various games, and enjoy an online casino in a fun and engaging way without having to worry about the financial repercussions.
Advantages of Using Gold Coins
Using gold coins at sweepstakes casinos comes with several benefits. First off, they are the more readily available currency as they come via purchases and promotions, giving players plenty of options for nearly unlimited gameplay.
Gold coins let players enjoy the thrill of casino games without risking anything financially, making them the perfect currency for casual gamers just looking to have fun. Since gold coins are in nearly endless supply and can be acquired with ease, players can continue to play their favorite games in addition to checking out new ones.
Legal Aspects of Gold Coins
With gold coins being used purely for entertainment purposes, and not redeemable for cash, gold coins comply with sweepstakes laws and allow for prize distributions via free and paid coin methods.
The legal aspects of gold coins are what has made sweepstakes casinos gain adoption across the United States, except in Idaho and Washington. Even where traditional gambling is legal, such as in Pennsylvania, Michigan, New Jersey, Nevada, Connecticut, and West Virginia, sweepstakes casinos thrive off the back of gold coins.
Popular Sweepstakes Casinos Using Gold Coins
While there are now dozens of legal sweepstakes casinos throughout the United States, there are a few that rise above the rest in terms of unique offerings and diverse selection of casino-style games. At the top of that list is Chumba Casino, which is well known for its deep library of slot offerings, and availability in nearly every US State.
For sweepstakes casino players who love poker, Global Poker focuses on sweepstakes poker and is amongst the most popular sweepstakes casinos using gold coins today. For online slot lovers, LuckyLand Slots is at the top of the list, as they offer a plethora of promotions specifically focused on their extensive library of online slot titles.
Common Misconceptions About Gold Coins
Since sweepstakes casinos are still a relatively new concept to online gamblers, there are some common misconceptions about gold coins that exist. For one, many people confuse gold coins with sweeps coins, thinking that they can eventually be converted into real prizes. This is not the case, as gold coins are used strictly for entertainment purposes.
Another common misconception about gold coins, and sweepstakes casinos at large, is that they are illegally operating. That could not be further from the truth, however, as sweepstakes casinos operate under sweepstakes laws, making them legal across the US with the exception of Idaho and Washington.
Responsible Gaming with Gold Coins
One misconception about gold coins, and sweepstakes casinos at large, is that you don’t need to practice responsible gaming like you do with real casinos. Responsible gaming with gold coins is still critical, as misuse of gold coins can lead players to deposit money to acquire more, losing money in the process.
Players at sweepstakes casinos should always set limits on their spending, including avoiding excessive purchases of gold coin packages. As with any form of gambling, it’s important to take regular breaks and manage your time playing to make sure you have a healthy balance of fun and excitement. By players practicing responsible gaming, they can enjoy the entertainment of sweepstakes casinos without the risk of developing unhealthy habits that can cost them financially and emotionally.