Today we’re going to run through everything that you need to know about the Real Prize redemption process. We’ll include the requirements, the time scale, and outline the process step-by-step.
Prize redemptions can only be made using Sweepstakes Coins (SC), which is a promotional virtual currency that is free to collect and cannot be purchased.
Once you have played through your SCs once on eligible games, they will be available for redemption.
You then need a minimum of 45 SC (gift card prizes) or 100 SC (cash prizes).
You cannot win real money directly from gameplay, however, as explained in our Real Prize reviews, you can redeem your Sweepstakes Coins (SC) if you meet the site’s redemption requirements. We should take this time to remind you that only SCs can be redeemed – Gold Coins (GC) have no monetary value and cannot be redeemed.
As we have established, you can only redeem prizes when playing with SCs, which can only be collected through free promotions (they are never available to buy). We’ll show you some ways to get free SCs a bit later on, but for now, let’s focus on how to make them redeemable:
| Redemption requirement | Description |
|---|---|
| Redeemable virtual currency: | Sweepstakes Coins (SC) only |
| Playthrough requirement: | SCs must be played through once (1x on eligible games) |
| Type of prize available: | Real money and gift cards (via Prizeout) |
| Minimum redemption (real money): | 100 SC |
| Minimum redemption (Prizeout): | 45 SC |
| Maximum redemption: | 100 SC |
Initially, your redemption request will be subject to an approval time of up to two business days. After that, the redemption time can vary depending on your prize type and amount.
For example, with real money prizes, it may take between 2 – 5 banking days for the funds to appear in your account. On the other hand, Prizeout gift cards should be sent to you via email instantly following approval.
We have consolidated this information for you here:
| Prize type | Payment method | Request approval time | Payment processing time | Total redemption time |
|---|---|---|---|---|
| Real Money: | Bank transfer | 1 – 2 days | 2 – 5 business days | 3 to 7 business days |
| Gift cards: | Email via Prizeout | 1 – 2 days | Instant (following approval) | 1 – 2 days |
The sweepstakes casino won’t charge you any request approval or transactional fees for your sweepstakes prizes. However, we still always advise that you check with your bank in case they charge any fees for receiving such payments.
You don’t need to make a GC purchase to play at Real Prize, and Sweepstakes Coins (SC) can never be bought. You, therefore, technically, can redeem SC winnings for a prize without ever having made a purchase on the site.
That being said, the most common way to collect SCs in larger numbers is by getting them as a free bonus when you buy GCs. Realistically, most players will have purchased a GC bundle before they redeem SC for a prize.
We’ll show you how to redeem a prize in practice in just a second. First, we’ve summed up the pros and cons of the whole process.
From start to finish, here’s how to redeem your eligible SC winnings for a prize at this sweepstakes casino:
Valuable no deposit bonus. Varied gaming selection. Generous ongoing promotions. T&Cs and 18+ apply
To be able to redeem a prize for the first time, you will need to verify your account. You will be notified about this via email, and the verification time usually takes between 24 and 48 hours.
We recommend that you complete verification at Real Prize as soon as you create your account. Otherwise, it could cause further delay to your prize redemption time.
To get verified, you will need these documents:
If you want to be able to redeem your SC winnings for a real prize at Real Prize, you first have to create an account and collect free SCs.
You can start this by clicking one of the banners on this page to access the Real Prize website.
Here you can register in two minutes to claim 100,000 GC + 2 SC.
The total redemption time at Real Prize depends on a couple of factors. All prize requests are subject to a 24 – 48 hour review process. Once approved gift card prizes are sent instantly while bank transfers can take between 2 – 5 business days.
The minimum redemption threshold at Real Prize is 45 SC for gift cards and 100 SC for cash prizes. The maximum redemption limit is 10,000 SC.
Real Prize is a sweepstakes casino and therefore doesn’t pay out real money directly as winnings from slot play. However, when you play with Sweepstakes Coins (SC), you have the chance to redeem real prizes if you win and meet the playthrough and minimum balance conditions.
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