There\u2019s a big trend called \u2018social betting\u2019 happening in sports at the moment. It comes from the rise of social sportsbooks, where players don\u2019t bet real money and instead use virtual coins instead. So, if you\u2019ve recently heard about these platforms and are interested in trying them, whether it\u2019s for Premier League or LaLiga betting, here\u2019s what you need to know. <\/p>\n\n\n\n
<\/a>What is a Social Sportsbook? <\/strong><\/p>\n\n\n\n A social sportsbook is just like a regular sportsbook, except you make predictions (\u2018bets\u2019) using virtual coins. These virtual coins are usually called \u2018Gold Coins\u2019 and \u2018Sweeps Coins\u2019, with the latter redeemable for prizes once you collect enough of those coins. KingPrize social sportsbook<\/a> is one of the fastest growing names in this market, while other names like Thrillz<\/em> and Rebet<\/em> have been around for a little longer. <\/p>\n\n\n\n It\u2019s a booming space and more social sportsbooks are starting to hit the market every few months, which is why they\u2019re 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. <\/p>\n\n\n\n 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\u2019re betting on a team to win or a player to score above a certain number of goals, and bet your coins. <\/p>\n\n\n\n Something else worth pointing out about social sportsbooks is that they\u2019re heavy on gamification. You\u2019ll 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\u2019t typically get with regular sportsbooks, and it\u2019s why a growing number of gamers are starting to check out social sportsbooks. <\/p>\n\n\n\n <\/a>Daily Rewards and Plenty of Bonuses<\/strong><\/p>\n\n\n\n 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<\/em> sportsbook gives you a free $1 wager \u2013 a single Sweeps Coins \u2013 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. <\/p>\n\n\n\n <\/a>How Social Sportsbooks Work <\/strong><\/p>\n\n\n\n Technically, social sportsbooks are free-to-play. When you register with one, you get to bet on sports using either \u26c1 Gold Coins (GCs) or \u26c1 Sweeps Coins (SCs). If you use GCs, it\u2019s 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\u2019ll be able to start redeeming prizes. <\/p>\n\n\n\n Let\u2019s 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. <\/p>\n\n\n\n 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. <\/p>\n\n\n\n