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Sports bettors might have come across a social sportsbook in recent years when researching sports betting. What exactly is a social sportsbook or sweepstakes platform? Here is what you need to know.
What is a Social Sportsbook?
A social sportsbook is a platform that allows users to place predictions (“bets”) and picks on sporting events using virtual currencies instead of actual money. Most social sportsbooks use two types of virtual currencies. One is only for playing games for fun and has no real value. The second currency can usually be redeemed for prizes such as cash, gift cards, etc.
You cannot deposit money into a social sportsbook account. Instead, you can purchase coin packages if you want to add more to your account. Social sportsbooks operate under sweepstakes laws in the United States, which means they could be available in states that do not have legal sports betting.
Interested in sports betting? Check out our guides
Popular Social Sportsbook Options
There are several social sportsbooks and sweepstakes platforms to take a look at. Here is a look at some of the more popular options that are available. Take a look at the promo code available for each!
| Social Sportsbook | Promo Offer | Claim |
|---|---|---|
| Fliff | 1K Fliff Coins + 1 Fliff Cash | Claim Now |
| Kickr | 150K Bits + 4 Bucks | Claim Now |
| Legendz | 500 Gold Coins + 3 Sweeps Coins | Claim Now |
| Onyx Odds | Play $10 and get 25 Onyx Cash | Claim Now |
| SportsMillions | Pickem offer: $10 Bonus on Your First Deposit | Claim Now |
| Sportzino | 7 Sweeps Coins + 170K Gold Coins | Claim Now |
| Stake.us | 56 Stake Cash + 560K Gold Coins + 5% Rakeback | Claim Now |
| Thrillzz | Play $10, Get $50 in Coins | Claim Now |
How is a Sweepstakes Platform Different Than a Sportsbook?
Social sportsbooks use virtual currency that can be claimed or earned without spending money or making a deposit. With a social sportsbook, you can use your virtual currency to make picks, compete on leaderboards, etc., for a chance to win. One of the virtual currencies can usually be redeemed for real cash prizes or gift cards once you hit a certain threshold. For example, on Thrillzz, you can use either Thrillzz Coins or Thrillzz Sweeps. The coins are just for fun and have no monetary value. The sweeps coins can be redeemed for real prizes.
Another major difference is that you don’t make deposits to load up your account. At a traditional sportsbook, you make a deposit, and your account now has that amount of cash to make bets. With a social sportsbook, you can purchase coin packages. These will include different virtual currencies that you can use on the platform. For example, you might spend $10 to get 100,000 Gold Coins and 5 Sweeps Coins.
Claiming Daily Rewards and Bonuses
With a social sportsbook, you can claim daily bonuses and rewards. There are also sometimes leaderboards and VIP programs where you earn more bonuses based on how much you play or make correct picks. For example, Filff allows users to get 1,000 Fliff Coins and 0.10 Fliff Cash every two hours. If your account runs out, you can always claim this bonus. If you have earned quite a bit of Fliff Cash, sometimes you cannot redeem more.
There are also social media giveaways, friend referral programs, and you can even write the company a letter if you want more coins or virtual currency.
How Deposits Work on Social Sportsbooks
You don’t make deposits on a social sportsbook or sweepstakes site. Instead, you can purchase coin packages if you want to. These coin packages usually include both types of virtual currencies. For example, on Onyx Odds, you can spend $10 to get 10,000 Onyx Coins and 10 Onyx Cash.
Remember, there is no purchase necessary on a sweepstakes site. You can claim daily bonuses and rewards for playing games. If you want more in your account, you can purchase packages.
Redeeming Virtual Currency for Prizes
With social sportsbooks, you can usually redeem one of the virtual currencies for prizes. The prizes are usually cash or gift cards. For example, Fliff Social Sportsbook has Fliff Coins and Fliff Cash. The Fliff Cash can be redeemed for actual money once you reach the minimum threshold of Fliff Cash. There are social sportsbooks that also allow you to redeem your currency for popular gift cards.
Remember, it’s important to understand the difference between the two types of currencies on a social sportsbook. One of them does not have any value. Read all the details before purchasing coins. You want to make sure you aren’t spending money on virtual currency that isn’t worth anything, thinking that you can withdraw it for real money.
Sports Markets and Bets Types
Users will find that a social sportsbook works similarly to a traditional sportsbook. There will be sports and leagues that you can search through to find a particular game to make picks (“bets”). For example, you will see games from the NFL, NBA, MLB, and more popular leagues across the world.
The games will have odds and lines similar to a sportsbook, like spreads, totals, and moneylines. There are also parlays, same-game parlays, prop bets, and more. You add your picks to your slip and can select how much you want to wager with your virtual currency.
Where are Sweepstakes and Social Sportsbooks Legal?
The legality of social sportsbooks and sweepstakes platforms can vary based on the platform, state laws, etc. Sweepstakes-style games are available in 30+ states across the country. When visiting these social sportsbook sites, you will find the information on where it is available.
Some states allow you to play with the virtual currency just for fun, but you cannot access the currency that allows you to earn prizes. For example, in Michigan, you can use Fliff Coins to make picks in the sportsbook. These coins have no value and cannot be redeemed for cash or gift cards. You cannot use Fliff Cash in Michigan. You cannot purchase packages that earn you Fliff Cash.
Do You Have to Spend Money to Play?
No. This is what makes these platforms fall under the sweepstakes category. There is no purchase necessary. You can claim your daily rewards, which include virtual coins and cash. You can even write a letter to some of these platforms to send you more of their virtual currency. You don’t have to spend a dollar buying coin packages if you want to continue to play each day.
Social Sportsbook and Sweepstakes Legal Age
Most sweepstakes sites allow players who are 18 years and older to play. There are some states that have their sweepstakes age set at 21 or older. Be sure to check with the platform you are planning to use about its legal age.
21+ and Gambling problem? Call 1-800-GAMBLER.