New type of online casinos reverse engineered and exploited for profit

A new wave of online casinos has entered the market recently. The so-called Sweepstakes Casinos have the allure of traditional online gambling platforms and strengthen it by offering the ability to play for free. 

The chase after new customers and irrational marketing decisions of these casinos have made it easy to exploit their systems and bonuses for profit while having some casino style fun. It’s only a matter of time before they catch up and patch up these loopholes. 

But before then, how can you use their systems to make money and have some online casino fun on top of it?

The “Dual Currency System”

Sweepstakes casinos operate on a dual currency model. They utilize a free, virtual currency called “Gold Coins” and “Sweep Coins” that can be exchanged for real money. Gold Coins can be used to play a plethora of games ranging from classic slot titles like Sweet Bonanza, the Book of Ra or the Gates of Olympus through more niche titles released by reputable providers like Pragmatic Play, Evolution, Nolimit City, Playtech and others all the way to playing table games like poker or blackjack with live dealers. 

As you can see the experience is indistinguishable from playing for real money at a regular online casino, the only difference is that you can play for absolutely free. This is a loophole. In a regular casino you have to risk your own money to learn the ins and outs of a game and develop a strategy.

Here the pressure is completely gone and you can observe patterns, strategize, test and, most importantly, have fun without risking your hard earned money. 

But can you play for real money?

Yes, you can! As mentioned, there are two types of currencies here – Gold Coins and Sweep Coins. Sweep Coins are added as bonuses to purchase packages (more on that later) or can be even received for free through daily login bonuses or another AMOE (Alternative Method of Entry).

Sweep Coins are the equivalent of real world money. One Sweep Coin equals one US dollar. You can play every game imaginable using Sweep Coins just as you would with Gold Coins. The difference is that after you win, you can cash out just as you would at a regular online casino.

How to exploit this for fun and profit?

Now you know how sweepstakes casinos function, but how can you use that to maximise your gains? We have developed a three step process to playing and winning:

1. Research the best welcome and recurring bonuses
2. Sign up and develop a strategy using Gold Coins
3. Redeem the bonuses and win with Sweep Coins

The hardest part is sifting through the hundreds of sweepstakes casinos that are out there and weeding out the ones that are untrustworthy or simply have bad offers. The good news is we’ve already done it for you. 

If you sign up to our email list, you will immediately get a curated list of the best sweepstakes casino bonuses on the market.

In addition, we will notify you about limited time deals and new casinos on the market that are worth checking out. You don’t want to miss this, sign up now!

Are sweepstake casinos legal?

One qualm you might have before trying out sweepstakes casinos is the question about their legality. Are they legal? 

Short answer, yes. They are legal in: AK, AR, CO, FL, GA, HI, IL, IN, IA, KS, ME, MA, MN, MO, NE, NH, NM, NC, ND, OH, OK, OR, RI, SC, SD, TX, VT, VA, WI, WY.

Long answer: The use of the dual currency system makes sweepstakes casinos appear as sweepstake promotions in the light of the law instead of gambling platforms. You can’t directly purchase Sweep Coins, you can only get them as an “addon” to purchasing a Gold Coin package. As you already know Gold Coins are virtual – you can’t cash out winnings you got with them.

This is synonymous with any other sweepstake you might be familiar with organized by traditional brands. Buy a product, keep the receipt, register it on the site to get a chance at winning a prize. All perfectly legal and regulated, just by a different set of laws.

The regulations are changing to adapt to these new casinos and some states have already banned them. If you want to use these platforms for free gambling and potential profit you should hurry and sign up to our email list right now.