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Home > Online Gambling Sites > Best Sweepstakes Casinos > What Is a Social Sportsbook? Explore the Top Social Betting Sites & Learn how they work

What Is a Social Sportsbook? Explore the Top Social Betting Sites & Learn how they work

Last Updated on 01.12.2024
Fact checked by: Alex Cabal

Social sportsbook sites provide a great alternative to real-money gambling platforms. They allow you to legally filter through sports markets, and make predictions on upcoming fixtures using virtual tokens.

Though social sportsbooks adopt a unique model prohibiting real-money gameplay, you can exchange winnings from your Sweepstakes Coins for prizes along the way. Are you ready to predict picks from your favorite sports? In this article, I will highlight salient details on how these sites work before showcasing the best US social sportsbook sites in December.

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Discover the best social sportsbooks in 2024

Social Sportsbook: Pros & Cons
Social Sportsbook: Pros & Cons
  • Quality free-to-play game
  • Sweepstakes Coins prize redemption
  • Diverse sports betting options
  • Variety of recurring bonuses
  • Cannot win real money directly

What is a Social Sportsbook?

If you are interested in this form of gaming, your first question should be, “What is a social sportsbook?”. These platforms mimic betting sites, offering you the chance to predict games from major sports leagues and competitions without spending a dime. Instead of real money, they use virtual currencies (Gold Coins and Sweepstakes Coins) from bonuses or in-app purchases.

Unlike legit sweepstakes casinos, which offer casino-style games, social sportsbooks boast a variety of markets like totals, point spreads, and moneylines on matches from popular leagues, such as the MLS, NFL, NBA, and NHL. The idea is that you can toggle between the two virtual tokens and place virtual stakes on upcoming sports fixtures.  Gold Coins will allow you to do this for entertainment; however, winnings from your Sweepstakes Coins may be able to be redeemed for cash prizes and gift cards. You can learn the differences between these social sportsbooks and real money betting sites below:

Social SportsbooksSocial Sportsbooks
These platforms exist primarily for entertainment purposes.These platforms exist primarily for entertainment purposes.
They adopt a dual virtual currency system (Gold Coins and Sweepstakes Coins).They adopt a dual virtual currency system (Gold Coins and Sweepstakes Coins).
They are legal in most states in the US.They are legal in most states in the US.

How Do You Play at Social Sportsbooks?

If you are ready to kickstart your social sportsbook journey, follow the step-by-step guide below to understand how to play at these social betting sites. You can go from signing up to making picks within a few minutes.

Select a reputable platform

Start by reviewing several options on our list of recommended social sportsbooks. Afterward, choose a site with diverse markets on sports that match your interests.

Create your account

Navigate the home page via a web browser or mobile app and click Sign Up to begin registration. A form pops up on the screen with fields for your personal information, such as name, email address, date of birth, and nationality. Create a unique username and password to complete the signup process.

Claim Your Welcome Bonus

You receive free Gold Coins and Sweepstakes Coins automatically post-registration as part of the no-deposit welcome bonus. So, you have enough virtual tokens to start placing bets.

Make Picks and Enjoy Cash Rewards

Make picks with your free coins by predicting game outcomes across various sports. The platform rewards you with Gold Coins or Sweepstakes Coins for winning picks. After playing with the SCs, you can redeem your winnings for cash prizes and gift cards from popular brands further down the line.

Our favorite social sportsbooks in 2024

Due to the legal restrictions on sports betting in the US, a social sportsbook or a free online casino to win real money prizes may be better options. The best social betting sites boast numerous markets across popular sports and provide bonuses and in-app purchases to help keep your virtual tokens topped up. To help get you started, you can make use of the banners on this page to soon find one of the best social sportsbooks in the US. I’ve covered everything from Gold Coins and Sweep Coins to eligible sports and markets.

FAQs

🔎 How do Social Sportsbooks work?

Social sportsbooks operate on the sweepstakes model, allowing you to predict games from your favorite sports using virtual currencies with the opportunity to claim prizes. These platforms are legitimate in most states due to the absence of cash deposits and wagers. Many of these platforms also offer free slots online to enhance the gaming experience.

💵 Can I enjoy real money winnings at a social sportsbook?

No, you cannot enjoy real money winnings at social sportsbook sites. However, you can look to convert winnings from your Sweepstakes Coins into prizes after you have met the requirements to qualify for redemption.

🪃 Are social sports betting sites legitimate?

Social betting sites use virtual tokens instead of actual money. Hence, they are not subject to the legislation prohibiting sports betting in the US. To ensure legitimacy and safety, these platforms provide state-of-the-art SSL encryption software and are audited by various regulatory authorities. 

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