Social casinos have been one of the most intriguing concepts in the online gambling industry. The sites allow players to gamble without any risk and get the experience of real-life casinos without playing with real money. In view of the fact that more and more players are drawn to this exciting platform, it is high time operators understood what exactly social casinos are and how they could benefit their business.
Figuring Out What a Social Casino Is
Social casinos enable players to enjoy popular casino games, including slots, poker, and bingo. The “social” part means that they’re played on a social network. However, the difference lies in the fact that the games are played with virtual currency, Gold and Sweeps Coins, and users have no chance to withdraw their winnings as real money, unlike at traditional online casinos.
Players have an opportunity to purchase virtual currency with real money or win it while playing. However, there is no obligation to do so. The best sweepstakes casino no deposit offers sometimes offer a million Gold Coins and plenty of free Sweeps Coins to begin winning cash prizes.
Social casinos have found a way to provide a safe and convenient place to game that attracts more users—and, more importantly for operators, many more users who otherwise would not want to risk real money. Because they are classified as non-gambling, social casinos are available in over 35 states compared to seven for real money online casinos.
Fantastic Accessibility
As we mentioned, despite being great, real money online casinos are currently limited to seven states. However, with the latest sweepstakes casinos, they are easily available in 35 or more states. Being able to access your favorite sweepstakes casino games 24/7 across several states is one of the reasons for the continued meteoric rise of sweepstakes casinos.
Greater Sense of Community Play
In addition to being fun to play, social casinos are also social. Many social iGaming sites offer a range of interactive options, including friends lists, chat features, leaderboards, and multiplayer games. Social casino gaming’s social features are creating online communities of players and turning gaming into a shared experience.
With tremendous social media integration, it makes it easy for members to sign up and log in with social media profiles such as Gmail. With social media on board, you can invite friends on your timeline to cheer you on while playing against other members, with millions of Gold Coins available for top-place winners.
Leaderboard contests really took off with casinos like Pulsz during the 2020 world shutdown. Needing to pass the time and avoid loneliness, the leaderboard phenomenon not only continues but keeps growing.
The Innovative Bonuses
To go pound-for-pound with traditional online casinos, today’s sweepstakes casinos spare no expense with fascinating bonuses. The most common one is the daily login bonus. Just logging into your account without playing a game or making a purchase is enough to reward you with free Gold and Sweepstakes Coins.
However, many of the latest sweepstakes casinos, such as Baba and Gold Treasure, also offer a progressive daily login bonus. Logging in faithfully for seven straight days, see the amount of free Gold and Sweepstakes Coins continue to grow. If you miss one day, you go back to day one.
Also, the latest sweepstakes casinos offer a daily bonus wheel. SweepNext stands out for a shot at bonus Gold and Sweepstakes Coins or bonus spins. The referral programs are loaded with even more free Gold and Sweepstakes Coins. Social VIP programs continue to grow at popular sites like Crown Coins and MegaFrenzy. Enjoy coinsback to make up for losses similar to traditional cashback promos.
The Concept of Cash Prizes
To operate legally, sweepstakes casinos don’t support cash bets. The Gold Coins are how players play for free, while the Sweepstakes Coins are used to win cash prizes. Cash prizes are usually gift cards relative to the value of the Sweeps Coins redeemed, or a Sweeps Coin conversion to cash.
Unlike unpredictable play-through requirements at many traditional online casinos, most sweepstakes casinos have a 1x play-through requirement on 50 SC or more. You will have to prove your identity through the KYC process before moving on to the redemption process. Depending on the site, you can redeem between 5,000 SC and 10,000 SC daily.
What to Expect Next
The simplest case for social casinos being a long-term market is that they’re simply not going away. Mobile gaming is here to stay. The appeal of no-risk entertainment just seems to be increasing. The market’s demonstrated growth, both in terms of revenue and the number of players, also bodes well for its long-term viability.
Social casinos also have a certain amount of flexibility and have a way of slotting into the industry’s gaps. Real-money casino gaming isn’t legal everywhere, but social casinos can. On the one hand, they’re an easy way for operators to increase brand recognition in the markets that will eventually open up to online gambling, such as Massachusetts. On the other hand, social casinos are a legal and safe way for players in those markets to satisfy their casino game thirst.
Social casinos continue to be a multi-generational enterprise. Many Gen Z’ers and younger Millennials are digital-first consumers who don’t even see a reason to visit a casino in person. Also, many sweepstakes casinos only need a player to be 18 or 19 to join, unlike the 21-age minimum at traditional online casinos.
