There’s a big trend called ‘social betting’ happening in sports at the moment. It comes from the rise of social sportsbooks, where players don’t bet real money and instead use virtual coins instead. So, if you’ve recently heard about these platforms and are interested in trying them, whether it’s for Premier League or LaLiga betting, here’s what you need to know.
A social sportsbook is just like a regular sportsbook, except you make predictions (‘bets’) using virtual coins. These virtual coins are usually called ‘Gold Coins’ and ‘Sweeps Coins’, with the latter redeemable for prizes once you collect enough of those coins. KingPrize social sportsbook is one of the fastest growing names in this market, while other names like Thrillz and Rebet have been around for a little longer.
It’s a booming space and more social sportsbooks are starting to hit the market every few months, which is why they’re getting so much attention. Already, plenty of punters and casual bettors have started switching to them and some even consider them to be the superior option to regular online sportsbooks.
Across almost every sportsbook are hundreds of different sports betting markets. You can bet on the Premier League, MLB, NFL, NBA, and all kinds of other sports leagues. Simply pick the markets you want, whether you’re betting on a team to win or a player to score above a certain number of goals, and bet your coins.
Something else worth pointing out about social sportsbooks is that they’re heavy on gamification. You’ll find plenty of leaderboards to climb, daily challenges and missions, chat rooms, PvP bet markets, and more. It makes for an interactive type of betting experience that you don’t typically get with regular sportsbooks, and it’s why a growing number of gamers are starting to check out social sportsbooks.
Daily Rewards and Plenty of Bonuses
Now, a major perk of social sportsbooks, much like social casinos, is that they regularly hand out daily rewards and bonus coins. As an example, Fliff sportsbook gives you a free $1 wager – a single Sweeps Coins – every single day that you log into the app. These types of offers are common amongst pretty much all of the major social sportsbooks, so it makes it relatively easy for players to stack up on free coins and play that way. In other words, you can get by without ever having to deposit your own cash, which is a major attraction point.
Technically, social sportsbooks are free-to-play. When you register with one, you get to bet on sports using either ⛁ Gold Coins (GCs) or ⛁ Sweeps Coins (SCs). If you use GCs, it’s just for entertainment and most social sportsbooks will give you hundreds of thousands of them to place bets with. SCs are much more serious, as each SC has a value of $1 and if you collect enough of those coins you’ll be able to start redeeming prizes.
Let’s say you bet 50 SCs on Arsenal to beat Aston Villa at home. Arsenal win and you get 30 SCs in return, taking your balance to 80 SCs. This would then entitle you to $80 worth of prizes, with some of the most popular social sportsbook rewards including cash transfers and gift cards.
Essentially, social sportsbooks use SCs as a replacement for real money. Whenever you bet a Sweeps Coin, simply look at it as $1. The more SCs you have, the more prizes you can redeem.
So, if you were thinking about joining a social sportsbook like KingPrize or Fliff this season, some of the benefits you can expect are:
▪ Free-to-play betting. Unlike regular sportsbooks, social sportsbooks are entirely free-to-play. You don’t have to bet any of your own money at all and can instead use the free Gold Coins they give you. On top of this, it’s also possible to use free Sweeps Coins, although these are usually given out in much smaller numbers.
▪ A great way to practice sports bets. Social sportsbooks are great for beginner bettors who want to practice, as it’s for free. You can essentially experiment with different markets, test out your predictions, and more. It’s a good experience, especially if you plan on using regular sportsbooks in the future.
▪ Prize redemptions. The big draw of social sportsbooks is that they come stacked with available prizes. If you’re good enough to win Sweeps Coins back from your bets, those coins can be redeemed for prizes. For example, if you’ve got 100 SCs, you might want to redeem two $50 gift cards.
▪ Tournaments and leaderboards. Most social sportsbooks offer tournaments and leaderboards. It’s great fun and you can even make your own leaderboards with friends or work groups.
▪ Growing community. Since around 2024, social sportsbooks have been rising in popularity (Fliff alone has over 5 million registered users across iOS and Android). It’s a huge community and you can interact with online users through chat, while also checking out the local bet feed to see what others are betting on.
Then there’s the fact that social sportsbooks are also available in the majority of countries, along with states in the US. The reason for this is because social sportsbooks use virtual coins, not classified as legitimate gambling currency by most lawmakers. It means these platforms remain easy to sign up with, especially in places where regular sportsbooks are either outright banned or at least heavily restricted.
How to Start Betting on Your Favorite Sports the ‘Social’ Way
If you want to do some social betting on football, basketball, or your other favorite sport, it’s easy to sign up with an official social sportsbook. Most require you to be aged 21+ and you’ll need to complete a KYC check whenever you want to redeem prizes. Outside of that, it’s all relatively straightforward.
Upon signing up, make sure to claim any bonus coins offered to you. This way, you’ll never have to worry about making cash deposits. It’s also highly recommended that you complete daily logins and any challenges available in these sportsbooks so that you can keep building any free coins you currently have.
For total beginners, only bet Gold Coins on sports at first. After you’ve grown your experience, then you can start betting those prize-winning Sweeps Coins. Remember, SCs are the gateway to prizes, but you’ll typically need to have at least 50 SCs in your available balance before prize redemption becomes available.
