How The Two-Coin Model Works

The mechanics

How The Two-Coin Model Works

One currency you play with and one that can turn into a prize. Everything else about sweepstakes casinos follows from that split.

Why Two Currencies Exist

The legal basis

A sweepstakes casino is not a licensed gambling operator. It runs a promotion, and promotions cannot require payment to enter. That is the whole reason the two-coin structure exists: one balance is entertainment, the other is the sweepstakes entry that can be redeemed.

Gold Coins

Play currency, and the source of nearly every large number in sweepstakes advertising. They can be bought, won and spent forever, and they convert to nothing. On this site they are always reported as context and never counted as value.

The redeemable coin

Usually labelled SC. It arrives with signup, with daily login bonuses, through promotions, sometimes by post, and as a free attachment to a coin purchase. It cannot be bought directly, and it is the only balance the cashier will pay out.

The one sentence that mattersNo purchase is necessary to enter or win. If an operator ever makes a purchase the only route to a redeemable balance, it has stopped being a sweepstakes.

What Happens Step By Step

Signup to payout
Step oneVerify

Identity and age confirmed at signup. Doing it now rather than at redemption is the difference between a fast payout and a slow one.

Step twoCollect

Signup credit, then daily bonuses and promotions. Only the redeemable coin is worth tracking.

Step threeClear

Reach the operator minimum. On our board that ranges from fifty to one hundred coins.

Step fourRedeem

File the withdrawal. We measured twenty-two to seventy hours to funds received.

Reading An Offer Properly

Two lists

Signals worth having

  • A redeemable figure stated in its own right
  • A stated redemption minimum
  • Guaranteed daily bonuses rather than wheel spins
  • A published payout method and timeframe

Signals that mean nothing

  • Coin totals with no currency named
  • Percentage matches on optional purchases
  • VIP points redeemable for play currency only
  • Best-case wheel values quoted as a bonus

See the reviews

Eighteen operators, four figures each, all recorded from funded accounts and filed withdrawals.