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Sweepstakes casinos are one of the most popular types of online casino sites that you can access around the world. These casinos are also increasingly starting to accept alternative payment options like Venmo. Sweepstakes casino Venmo payments are quickly becoming widely available.
In this article, we will focus on introducing you to Venmo and everything there is to know about this payment method. We will highlight exactly how you can start using Venmo, its main benefits, and more. Keep reading to discover all about sweepstakes casinos and the Venmo payment options available.
Sweepstakes casinos are an incredibly popular type of online casino but cater to players who cannot or prefer not to gamble with real money. This is ideal for players who are in countries or regions where real-money gambling isn’t permitted. It also provides people with the opportunity of playing casino games for free.
There is no opportunity at sweepstakes casinos to deposit money or place real money wagers. Instead, you will use a virtual currency system, where real money can only be used to purchase extra Gold Coin bundles. If you choose to not purchase Gold Coins, that’s perfectly fine, as you will be given regular free refills.
The virtual currency system typically features two coins, which are:
As we touched on earlier, sweepstakes casinos are legal across the world and have very few restrictions. You will find that sweepstakes casinos are legal in most countries and regions and there is one core reason as to why:
Sweepstakes casino players are under absolutely no pressure to ever use their personal funds to make Gold Coin purchases. Whether you are using eWallets or prepaid sweepstakes payment providers, all casino games can be enjoyed for free, as virtual coins can be obtained via various promotions. Even if you do choose to make a purchase, you are not technically betting any real cash at all, which makes it perfectly legal in a lot of areas.
Venmo is a type of eWallet, which allows you to process payments using a digital wallet. It is a fantastic alternative to payment providers like PayPal, Skrill, and Neteller. It may have only launched in 2009, but it is quickly making a name for itself.
Here is everything that you need to know about the history of Venmo:
In 2009, Venmo was created as an experimental payment technology. It was designed to provide a solution that would simplify digital payments. Venmo is a P2P which means that you can easily use it to transfer funds between friends and family.
Fast forward a few years to 2013, Venmo was purchased by PayPal. From here, the platform grows and expands, and finds itself being supported by a number of sweepstakes casinos. Currently, Venmo is now accepted across the world.
The registration process for most sweepstakes casinos is generally very straightforward and sweepstakes casino Venmo sites are no different. Here are the typical steps that you can expect to follow when creating your new account:
Head to your chosen sweepstakes casino Venmo site and click ‘Join now’ or ‘Register’. From here, you will be prompted to complete a quick registration form by providing some details such as your full name, address, and date of birth.
You may be asked to verify your account by receiving an email and clicking on the link provided. Once this has been done, you will have full access to the casino platform.
If available, claim any welcome offers that you are invited to accept. These may offer you some free coins to start playing with.
You are now ready to start playing casino games in one of two modes – Gold Coin or Sweepstakes Coin.
If you would like to purchase extra Gold Coins using Venmo, this can be done by:
If you are new to sweepstakes casino Venmo payments, then you may be wondering what all the fuss is about. Here are some of the perks that you will enjoy:
While deposits are generally free to process, you may incur an extra fee when requesting a withdrawal of your winnings. Having said that, the fees are much lower when compared to Venmo competitors, thanks to the low maintenance fees.
Thanks to the Venmo Bucks feature, you can keep hold of money in your digital wallet. This means that you can transfer a certain amount of funds and it will stay in your wallet until it has been used. Doing this allows your transactions to be much faster than average and your money to be easily accessed.
Sweepstakes casino Venmo payments are incredibly safe because they don’t require any third parties to get involved. This means that your payments can be completed very quickly and without interference.
As you can see, Venmo is incredibly easy to use and is more widely accepted in the casino world than you may think. Although, it may take a little time to find your ideal sweepstakes casino site that suits your style of gaming.
Luckily, we are here to help bring you the best advice when it comes to sweepstakes casino Venmo payments. Just don’t forget that like any other payment method, on sweepstakes casinos you will not be able to place real money bets. Instead, you will wager with Gold Coins and Sweeps Coins, which have very different functions.
Some casino operators will welcome you to the platform and give you a generous bonus to get you started. For example, we have a unique promo code to use for any new Stake.us customers. When registering for a new account, make sure you use the promo code BONUSDROID to activate your 5% rakeback deal. This will help you to recover losses from playing casino games.
Venmo may not be as established as other payment providers, but it is quickly becoming popular. Check out everything you need to know about the advantages of Venmo in this guide.
Registering a new account at any sweepstakes casino is very simple. But to help you out, we have put together a step-by-step guide, which you can view in this article.
The process of purchasing Gold Coin bundles doesn’t change depending on your payment provider, so you can expect the same process. Although, if you are unsure of what to expect, this guide provides an overview of the steps involved.
It is natural that you will be concerned about potentially paying any extra fees when using Venmo to purchase Gold Coin bundles. In this guide, you will uncover all there is to know. We also mention if you should expect to see any fees.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.