Do you know you can enjoy free online betting for real money prizes? Yes, you heard right; you can place free sports bets and still get cash prizes — or gift cards. You do this by using a sweepstakes sportsbook.
These platforms operate under a unique model that makes them legally acceptable in most parts of the United States. More of them are being established, so you have a good number of such sportsbooks to choose from. Here, we’ll recommend the best of the bunch and give a detailed breakdown of how to enjoy sweepstakes sports betting and redeem prizes.
Before explaining how to get real money prizes, let’s give you an overview of how sweepstakes sports betting works. Platforms offering such services are under the sweepstakes law, which states you don’t have to pay to play or participate. As such, they don’t support standard deposits and withdrawals.
What they do is provide you with two types of coins. The first are called Gold Coins, and they are the more common options on these platforms. They have no value and can only be used for sports predictions. While you don’t have to pay anything to get these coins, purchases are still on the table. You can buy GCs, but this is optional.
Sweepstakes Coins are the second virtual currency. They are more valuable than their Gold counterpart because you can redeem them for real prizes. So, Sweepstakes Coins are the options you focus on if you want a chance to get cash prizes or gift cards. You can’t purchase SCs, but you often get them as bonuses when you buy Gold Coins.
We must mention that operators might customize the names of their coins to suit their brands. Take Rebet, for instance. Gold Coins on this platform are called Rebet Coins, while Sweepstakes Coins are called Rebet Cash. This difference in the name of the virtual currencies doesn’t change how they function.
Free online betting for real money prizes undoubtedly has its perks, but there are also drawbacks to note. Below are the pros and cons of this activity:
As we mentioned earlier, Sweepstakes Coins are what you need for redemption to be possible. So, you must gather as many of these virtual currencies as possible and meet other terms and conditions (we shall cover these conditions soon enough). Thankfully, most sweepstakes sportsbooks provide SCs through various mediums, including:
If you’re wondering where you can enjoy free online betting for real money prizes, we have you covered. We’ve provided an overview of our favorite brands in the table below:
| Brand | Redemption Methods |
|---|---|
| Legendz | Instant bank transfer, Prizeout gift card |
| Onyx Odds | ACH banking |
| SportsMillions | Online bank transfer, gift cards |
Legendz is both a social sportsbook and casino, serving the best of both worlds. When it comes to its social sportsbook, Legendz offers dozens of betting options for a vast range of sports.
As a social sportsbook, you cannot win real money, but you can win Sweeps Coins which can be redeemed for real money prizes. Legendz offers Skrill or Instant Bank transfer for cash prizes, which can take up to 5 days to reach your account. Alternatively, you can opt for a Prizeout gift card, which is gifted within 24 hours.
Several features make Onyx Odds one of our highest-ranking sweepstakes sportsbooks. In fact, we even have a special code, DEADSPINSBT, that you can use to activate a generous bonus when you first join the platform. This social sportsbook offers typical betting markets like the point spread and totals for popular US leagues like the NBA and the NFL.
When it’s time to redeem your Onyx Cash for real money prizes, you can use ACH banking if you have a minimum of 20 Onyx Cash in your balance. Since ACH banking is the only option, your redemption will likely take 5-7 business days to reach your account.
There are several things we like about this social sportsbook. SportsMillions has a range of Pick’em games available for some of the North American leagues like the NHL, as well as tons of promotions.
You can redeem your sweepstakes winnings via online bank transfer as long as you have a minimum of 75 Sweeps Coins for redemption. Online bank transfers can take up to 7 days for your real money prize to reach your account. Another real money prize option is the gift card, which you can redeem in just 24 hours. In the case of gift cards, the minimum redemption amount is only 10 Sweeps Coins. Remember that you need to playthrough your winnings 1x before proceeding to claim your cash prize.
The only thing you must do to get prizes is exchange your Sweepstakes Coins. Yes, it’s that simple, but there are processes that lead up to redemptions. You need:
It’s impossible to enjoy what a social sportsbook offers if you’re not registered on the platform. So, the first step to getting real prizes is to create an account. The registration process varies from one platform to another but usually involves visiting the site, clicking the sign up button, and filling out a form.
Some brands, like Rebet and Fliff, operate solely from an app, so you must first download these social sportsbook apps before registering. Once your account is live, you receive a generous welcome bonus that you can use to place free bets.
Some sweepstakes sportsbooks release your welcome bonus immediately after completing the initial registration process. But most will require to go through some sort of verification. The common one is the regular account verification, where you must confirm your phone number or email address using the one-time code or link you receive from the operator.
Then there’s KYC verification. Most platforms allow you to delay this process till you’re about to make your first redemption. KYC verification might sound complex, but it’s really simple. You only have to upload soft copies of documents that show your identity and your address. The sweepstakes sportsbook will confirm your details shortly after submission.
Sweepstakes sportsbooks have terms and conditions you must satisfy before they let you make a redemption request. The most important one to note is the playthrough requirement. This specifies the number of times you must rebet your SCs for them to be redeemable. It usually ranges between 1x to 3x.
Some brands might restrict redemptions in certain locations. So, before signing up on the platform, read the fine print to learn everything about the brand’s offerings in your region. Confirm that you can easily exchange your Sweepstakes Coins for cash or gift cards when the time comes. Also, note the minimum and maximum amount of SCs you can redeem from your location.
Both established and new social sportsbooks make it easy to request an exchange. You only have to follow steps similar to these:
Redeeming your Sweepstakes Coins for real prizes is straightforward, as you can see from the steps we described above. You can simplify the process further by using these tips:
KYC is usually a one-time process you deal with before your first redemption. However, it can take several hours to complete. So, it’s best to handle it immediately after registration so you don’t delay your redemptions.
If you use blurry or outdated details, the operator will request you submit new copies of your documents, which can delay the process. So, ensure the copies of your documents are clear and legible.
It’s impossible to make a redemption request if you’ve not met the playthrough requirements. That said, ensure you play through your Sweepstakes Coins before making a request.
Now you know everything about engaging in free sports betting to win real money prizes. You only have to ensure you have enough Sweepstakes Coins, and you can redeem them for real prizes. But before that, you must have satisfied the necessary terms and conditions, which include meeting playthrough requirements and completing KYC verification.
We have further simplified your social betting experience by recommending the best sportsbooks. Each brand on our list is safe, with reliable offerings that you can access after completing the simple registration process. Such brands will surely provide your winnings, provided you’ve checked all the boxes on the terms and conditions list.
These terms are often used interchangeably, but there are a few differences to note. A social sportsbook allows you to bet for free, but that’s that — you don’t get prizes. Meanwhile, a sweepstakes sportsbook is identical to a social sportsbook that lets you place free bets, but you can redeem SCs for cash prizes or gift cards.
You can always get real prizes from sweepstakes sportsbooks if you meet the necessary terms and conditions. For instance, most platforms require you to play through your Sweepstakes Coins at least once for them to be redeemable.
The best time to redeem Sweepstakes Coins for prizes is when you have met all the terms and conditions. After meeting these requirements, you only have to open your profile page. Navigate to the redemption section and fill in the number of SCs you want to exchange and your payment details. Make the request and wait for the operator to process it.
You meet playthrough requirements by betting the Sweepstakes Coins the required number of times. This often ranges from 1x to 5x, depending on the site or application.
Legendz, Onyx Odds, and SportsMillions are the best sportsbooks to play for real prizes. These social betting sites have excellent offerings, from intuitive user interfaces to wide sports coverage, generous promotions, and excellent customer service.
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