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Social casinos are all the rage these days. Just turn on your television sets and you'll see one of these apps advertising at least every thirty minutes.
Do a search for "online casino", their ads appear atop Google.
Social casinos, unlike real money online casinos, are online platforms that recreate classic casino games like slot machines, roulette, blackjack, even poker. Instead of using real money social casinos, players use virtual currencies, often referred to as gold coins.
Call us old fashioned, we love the live dealer real money online casinos found on sites like SlotLand.
Still, there are ways to exploit these social casinos, as one Redditor demonstrated.
Making $40 a Day Collecting Bonuses: How is This Even Possible?
Social casinos legally have to give you free "entries" to users to be considered a social/sweepstake casino rather than an online casino (which are banned is many states). So how does it work? We do want to emphasize that Gambling911.com cannot independently vouch for this technique.
- Daily login bonuses. They range from $0.10 to $1.70 every day. It may not seem like much but with the dozens of social casinos in my spreadsheet below, it adds up to $40 a day. About half of this can be automated, so that’s $8,000 of passive income a year! You'll have to play through the bonuses once to be able to withdraw.
- Another way to make money is buying the first purchase promo deals. Currently, you can profit $1,500 from all of them. For example, you can buy $45 worth of Sweep Coins for $15. You play through this money once with a safe game (like Blackjack or Plinko), and you can profit most of the difference - in this case, $30. There will be more promo deals every week on most websites, and people have profited thousands of dollars a month. It does take some learning if you want to ramp it up that much.
- Writing letters. They also have to give another free entry method. Some will pay $5 if you write a specific letter to them. People can make $50 an hour if they are efficient and do things correctly. I haven't started this yet, but people say that it takes a few weeks to get the money paid out.
As far as calculations go, we're talking just over $1000 a month in free money.
Purchases Not Required
Another Redditor noted the following:
"You 100% do not need to make a purchase to cash out the free daily rewards from most* sites. That being said, the OP does massively benefit from making these posts and getting people to sign up for sites using their referral links. Most sites give a $25 referral sign up bonus, some go up to $65. Even $25 per referral per site adds up real quick, that's the passive part here, convincing people to use your referral links over others."
There is a catch apparently.
"The $40/day is in spins. Most casinos require you to play this money, and if you win, you can cash out the winnings."
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