This new form of online gambling is sweeping over the US

Online betting and gambling are yet to become legal in every state in the United States of America. Therefore, while some people can legally play at online casinos, others have to find some alternative way to deal with their gambling appetite. This can help explain why sweepstakes have become a mainstream online gambling alternative, sweeping […] The post This new form of online gambling is sweeping over the US appeared first on Disrupt.

This new form of online gambling is sweeping over the US

Online betting and gambling are yet to become legal in every state in the United States of America. Therefore, while some people can legally play at online casinos, others have to find some alternative way to deal with their gambling appetite. This can help explain why sweepstakes have become a mainstream online gambling alternative, sweeping over the US. 

Many Americans wouldn’t pass on a night out in Vegas and gambling in many ways has played a huge role in their culture despite the complicated history regarding its rules and regulations. There’s so much to look out for, from the lights to the clubs, and, of course, the casinos. When it comes to sports, the sales of game tickets are at an all-time high. All that’s left is a chance for every casino or sports lover to get rewarded for their passion if they get lucky. In the absence of a legal chance to gamble or bet online, sweepstakes are the next best thing.

What is Sweepstakes?

The sweepstakes model of online gambling is very common, with players purchasing “sweeps coins” in exchange for real money or “gold coins”. While the primary purpose is to socialize, the bonus is that once you’re satisfied with your winnings, you can trade in your sweepstakes coins for actual cash.

A sweepstakes casino is, conceptually speaking at least, very similar to a social casino in every respect imaginable. In general, sweepstakes casinos are the best places for people in the US looking to gamble for fun or real money.

Due to their widespread availability and growing popularity, sweepstakes casinos are currently legal in 49 US states. Many new sweepstake casinos seem to be coming the market all time, which certainly shows the growing interest in this form of social gaming.

 

Sweepstakes as a Viable Gambling Alternative

Real-money games are possible at sweepstakes casinos, but these casinos are styled after a more social experience. With the growing interest in social media and social gaming, sweepstake casinos seem to have been destined for success. To participate, you will need to buy virtual currencies before you can play. However, many casinos offer bonuses and welcome packages that will give you some sweeps or gold coins for free.

Sweepstakes cash or coins are what you’ll need to play actual money games like slots, video poker, and table games.

Gold coins, which have no monetary value but are used in the more social aspects of the experience, are the other form of currency. Players are free to use either currency if the items available to them satisfy their needs.

Typically, you can exchange one dollar for one sweep. Gold can also be purchased, but it typically comes in large quantities. However, if you only have gold, you’ll have to stick to playing for fun and not for real money.

How to Cashout Real Money for Sweepstakes

Players feel comfortable betting real money at sweepstakes casinos because they are legal and follow strict security protocols. There are rules in place that sweepstakes sites must follow, such as those pertaining to “know your customer” and anti-money laundering procedures.

If you’re concerned about the security of your personal information, you shouldn’t be. Most of these businesses are governed by watchdogs like the Malta Gaming Authority. First, you’ll need to go through an identity verification process before you can cash in on sweepstakes for actual money.

This usually takes a few days, but it varies from platform to platform. The best sweepstakes casinos will have everything squared away in no more than five business days. Although the verification process is ongoing, you can still participate in games.

If you follow the right steps, you’ll be able to claim your sweepstakes cash prize without any further hassle. Data protection laws in countries like the US where these businesses operate ensure that your personal information, including your name, address, and income, will be handled in a secure manner.

The post This new form of online gambling is sweeping over the US appeared first on Disrupt.