The casino world is diverse, with brick-and-mortar establishments, online casinos, and social casinos. From the outset, it should be known that traditional casino games – in-person and online – are gambling-based attractions.
That is to say, players must risk something to gain a reward. Social casino games go against the grain. Players get to enjoy authentic casino-style entertainment with no money down, ever. It’s a paradigm shift. It’s unheard of, unthought of, and never considered by the establishment. But now, everything is different, and players are scrambling to cash in on the fanfare of social games.
Before we get ahead of ourselves, it’s essential to establish some ground rules for the exclusive gold coin social slot games and online casino games. Here’s an idea that gained traction decades ago. Back then, players would frequent arcades for all their gaming escapades. In the 80s and 90s, arcade halls were home to pinball machines, street fighter games, High Striker, Pac-Man, Tetris, racing games, pool, shoot the hoops, fishing games, Duck Hunt, and the like. Many of these venues used tickets or tokens purchased at token machines. You would deposit a dollar and get X tokens to play with. Now that you understand where we’re headed, let’s kick it into high gear!
Gold Coins for Social Games Online
Traditional online casino games are available to players age 21+ in states where gambling is permitted. This presents all sorts of challenges to anyone who is just looking to have a good time with Vegas-style games. For one thing, players may not have money to gamble with. And more importantly, there is a regulatory framework that is oftentimes restrictive for online casinos in the US. That leaves huge numbers of players high and dry, with nowhere to enjoy free casino games. Fortunately, that all changed with the advent of social casinos. To be profitable, social casinos rely expressly on an ingenious concept known as gold coins and sweepstakes coins.
What is a gold coin? You’ve probably heard of bitcoin [who hasn’t], but it’s nothing like that. If you want to buy a bitcoin, you’ll have to shelve out $100,000. Social casinos are 100% free-to-play entertainment attractions. That means there is zero risk and maximum reward. You get to experience all the excitement of an authentic Las Vegas casino at zero cost.
This is liberating because it allows you to play as many different games as you want with no risk of loss. A gold coin is a virtual faux currency used only at social casinos. It has no redeemable cash value. It can only be utilized at the social gaming hub you’re registered at.
Picking Social Slots Games for GC Play
Let’s say you’re keen to play classic, video, or jackpot slots. You don’t need to go and find a fully licensed online casino in New Jersey, Delaware, or Pennsylvania. You can simply pick out a reputable social casino site. When you register, you will be given a specific quota of gold coins and sweepstakes coins.
Sweepstakes coins are also available, but they differ from gold coins. As the name suggests, sweepstakes coins allow players to win prizes. These often come in the form of gift cards or real money winnings. Of course, social casinos would go bankrupt if every player tried to cash out their SCs without deposits.
The Benefits of Gold Coins in Social Casinos
- Risk-free entertainment
- Accessible and legal gaming
- Skills development for strategy-based games
- Facilitates social interaction
- Frequent bonuses and promotional offers
Therefore, terms and conditions require players to have a certain quota of SCs in their account before cashing out. This figure may vary from one social casino to another, but once you meet that threshold, you can confidently cash out your winnings. Sweepstakes coins differ from gold coins. GCs cannot be redeemed for real-world money.
They can only be used for gaming purposes. When you play social games online, you always have the option to switch between gold GC-based gaming and green SC-based gaming. The SC nominal value is invariably much lower in the games because there are so much more valuable. Allow us to explain:
Suppose you’re playing a social slot game with a minimum GC coin value of 70 GCs and a maximum of 70,000 GCs. That same game may be available at 1 SC minimum or even less! Often, SCs are at parity with the USD, meaning the exchange rate is 1:1. You may be wondering how on earth any social casino stays profitable if it offers free games to players? It’s a fair question, but it’s easily answered.
Social casinos provide in-game coin purchase options to players. In other words, if you don’t want to wait for daily bonuses and promotional offers, tournaments, and challenges, you can simply navigate to the cashier and purchase gold coin + sweepstakes coin packages. It’s that simple. There’s no requirement to do so, but the option is readily available to keep your account well stocked with GCs. And that’s precisely everything you need to know about gold coins, social casino games.