deskgameMore specifically, the FTC regulates social casinos to ensure they are always free to play and that no purchases are necessary to win.
deskgameReal Prize offers two distinct currencies to play: gold coins (GC) and sweepstakes coins (SC). Gold coins can be purchased in the Real Prize Store, but they cannot be exchanged for real money. Sweepstakes coins cannot be purchased but can be obtained as a complimentary gift with gold coins bundles.
deskgameIf a new user bets under $50 to start out, one bonus bet that matches the amount staked will be sent to the new account. If you wager $50 or more, five bonus bets worth 20% of the first bet will be awarded. For example, if you bet $375 and lose, five $75 bonus bets will be credited. The maximum amount of allowable bonus bets is $1,500.
deskgameIndividual state attorney generals are also responsible for monitoring sweeps casinos. They help to enforce local state laws related to sweepstakes. Not long ago, a sweeps casino was shut down by an Michigan attorney general, as it proved too similar to a real money online casino.
deskgameIf the player continues playing, they must make a “Play” bet, generally equal to the ante wager. The dealer then reveals the player’s cards and their own.