As far as sweepstakes casinos go, The Money Factory is ace. But to play at The Money Factory, Gold Coins and “SC” are used instead of cash – and this requires a crash course if it’s your first time.
Today, I’ll be banging on a bit about the differences between these two essential sweeps gameplay tokens. Setting all nonsense aside, I’ll explain what “GC” and “SC” are, how they work, and how the latter can be redeemed for real-world cash prizes in any state or region where The Money Factory is legally available. Here goes.
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The Money Factory Highlights
- Innovative Game Mechanics
- Secure and Trustworthy Platform
- Generous Rewards and Promotions
First-up – a few quick pros and cons about playing at The Money Factory
Review of Game Features
- Two gameplay modes
- No purchase requirement
- A ton of bonus offers
- Fast registration
- Two-tier coin system is confusing at first
The Money Factory – what is it? And what on earth are Gold Coins at The Money Factory?
Plain and simple, The Money Factory is a “social” or sweepstakes casino. In fact, on its own site, the brand makes a real song and dance about being “America’s top social casino” – but I’ve found that no matter what permitted region you’re playing from in the Anglosphere, the lay of the land is the same.
Now for the important part. Games at The Money Factory – which range from Vegas-style slots like Hot Triple Sevens to popular table games like Teen Patti – don’t take cash. Instead, you’ll be playing using either the Gold Coins (known as “GC” for short) that I mentioned earlier, or The Money Factory’s Sweeps Coins (which are often dubbed “SC”).
I really can’t stress this enough, guys – The Money Factory isn’t a real money casino.
What it is, then, is a casino-inspired gaming site that’s “free forever” to play at, on account of the fact there’s no up-front purchase required to get your hands on some game-eligible GC and SC from the get-go. Better yet, some of your coins can be redeemed for actual cash prizes once certain T&Cs have been ticked off later down the line. Confused? Don’t be. Read on, and all will be revealed
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The Money Factory’s Sweeps Coins vs. Gold Coins – what’s the difference?
When the rules governing them are stripped back to their bare basics, the way the two-tier coin system over here works is incredibly simple.
In a nutshell, Gold Coins at The Money Factory exist for your entertainment only. They have no cash value, and no prize-redeemable value, either.
At the opposite end of the spectrum, then, SC are sweepstakes-style coins that can be entered into competitive tournaments and events. These guys are a little upper-tier, in that while they also have no cash value, they can be redeemed for actual cash prizes once they’ve been played through one time or more, and you’ve collected 100 SC or more in your player account.
Of course, these ain’t the only two differences between GC and Sweeps Coins at The Money Factory. All bases covered, you’ll need to be aware of the following, too:
| What are they? | Do they have a cash value? | Do they have a prize-redeemable value? | Can you collect them for free? | Can you purchase them outright if you run out? |
| Gold Coins (GC) | Just-for-fun coins – basically, they offer a “demo mode” experience. | Nope. | No. Never. | Yup. There are tons of GC bonuses available. | Yep – you can buy an optional GC bundle from The Money Factory’s online store. |
| Sweeps Coins (SC) | Sweepstakes coins that can be played at competitive sweeps tournaments and games. | It’s a no again… | Yes – stack up 100 SC or more and you can redeem your SC for a cash prize. | Yes. There are promos aplenty, again. | No, never – but you might get a free SC bonus awarded to you alongside a qualifying GC purchase. |
How to get your mitts on Gold Coins at The Money Factory (and SC, too)
When The Money Factory promised their games were “free forever”, these guys weren’t pulling your leg. If you’ve read my full
The Money Factory review
– or were paying full attention to my table above – you’ll know by now that there are several ways you can collect free GC and SC with the brand. These include:
- Claiming GC and/or SC bonuses.
- Actually playing at GC/SC games – and, of course, winning more coins along the way.
- Purchasing strictly optional GC bundles from The Money Factory’s store – which should qualify you for a free SC bonus.
To be honest with you, bonuses are the primary means for grabbing a hold of free coins here, so allow me to spell out the details of some of the best ones currently available with the brand:
On day one of registering from a permitted region (ID, LA, MI, MT, NV and WA players are prohibited in the US, and it’s on you to check the brand’s T&Cs for your region pre-signup), there’s a potential 15,000 free GC and 3 free Sweeps Coins with The Money Factory up for grabs. If you qualify, those coins will hit your account automatically once you’ve completed registration.
Once you’ve crossed the Ts and dotted the Is on your registration form, there’s also a daily login bonus to enjoy. This offer is equally straightforward to claim – log in once daily, head to the “Promotions” page, and hit “Claim” on the “Daily Login” ad to get anywhere up to 1,000 free GC and 0.2 free Sweeps Coins with The Money Factory daily. Not bad, eh?
🔥 Facebook, X and Insta Promos
Last but not least, following The Money Factory on your socials is the best way to be the first to hear about special bonuses. These may range from
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Occasionally, the brand launches dead-simple “comment-on-a-post” style competitions. For example, at the time of writing, the brand recently asked its IG followers to recommend their favorite movie to other sweeps gamers in the comments section of one of their posts for the potential to bag a free SC giveaway. My advice? Follow these guys’ socials carefully and keep your peepers peeled for future promos. Offers and competitions are frequently dropped on:
- Instagram.
- X, formerly known as Twitter.
- Facebook.
Can you exchange The Money Factory’s Gold Coins into Sweeps Coins?
You’d be amazed how frequently I’m asked this question, and I’m sorry to be the one to burst your bubble, but it’s a no.
The deal here is, Gold Coins at The Money Factory are entertainment-only tokens, period. Meanwhile, only SC can ever be redeemed for IRL prizes. In short, there’s no swapping GC for SC or vice-versa, and it’s important to know this before playing.
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How to redeem The Money Factory’s Sweeps Coins for real-world prizes, step-by-step
Naturally, another aspect of the brand’s online coin mechanics you’re going to want to get to grips with is how to redeem your SC for a real-world prize.
Now, allow me to start out by saying that before you request your first SC prize redemption with the brand, you’ll need to satisfy a few T&Cs, such as:
- Creating an account first is mandatory, obvs – though this is dead-simple. You can register via your existing Google Account, or via email, in minutes.
- You’ll need a balance of 100 SC or more to request a cash prize – though 20 SC is enough for gift card redemptions.
- Any SC coins you’ve collected will need to have been played-through – i.e., rolled over – at least once before they can be redeemed.
- The Money Factory will ask for proof of your age, and that you live in a permitted state or region, before you can redeem SC for the first-time. This usually involves uploading your ID for checks.
Once that’s all out of the way, I’ve found that you can redeem The Money Factory’s Sweeps Coins for a gift card or cash prize, by:
- Locating the “Redeem” button/page from the main menu.
- Selecting a prize that floats your boat.
- Requesting your redemption.
- Waiting around a bit. Though usually, your prize will be pinged over to you in 72 hours or less.
And guys, that’s about all you need to know. It’s an easy enough process. Just remember that only SC coins are ever prize-redeemable, while GC are there just for fun, yeah?
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Conclusion – get to grips with The Money Factory’s Gold Coins vs. SC rules pre-game
As The Money Factory ain’t your run-of-the-mill, real money casino, understanding the differences between GC and SC is vital before you sink your teeth into the brand’s 1,000+ Vegas-inspired games.
To recap, GC are just-for-fun tokens that have no prize-redemption value. They can be collected for free, or optionally purchased. By way of comparison, SC are sweepstakes-style coins that do have a prize-redeemable value but can’t ever be bought outright.
Wrap your head around this, and there’s hours (if not days, or weeks) of fun to be had playing at The Money Factory – particularly if you take advantage of the operator’s welcome bonus, daily login rewards and social-media-based promos while playing. Happy gaming, girls and boys.
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The Money Factory Gold Coins FAQ
🤑 What’s the best way to get free GC with The Money Factory?
If you’re brand new to the site, claiming their 15,000 GC and 3 free SC sign-up bonus is by far the best way to set yourself up with a few free coins from the get-go. If you’ve already been playing with these guys a while, mind, I’d suggest combining their daily login bonus – which is good for up to 1,000 GC and 0.2 SC daily – with any other offers you see advertised on the brand’s socials.
💱 How do I exchange The Money Factory’s Gold Coins into Sweeps Coins?
Long story short, you can’t. Just-for-fun GC coins exist for entertainment only, always, while prize-redeemable SC can’t be swapped into GC, either. Note this down before you play – because it’s important.
👫 Does The Money Factory have a refer-a-friend program?
Yup, they do – and getting involved with it is another great way to bag a few free GC and SC with the brand. In total, you can collect up to 100,000 GC and 100 SC for each referral; though the actual amount you receive will depend entirely on your buddy’s gameplay habits with the site. To get started, you’ll need to generate a unique referral code from your account page, and share it with potential new players.
🃏 Is The Money Factory any good for table games?
Yep. While most of the games offered by The Money Factory are popular slots like Gates of Olympus and Chaos Crew II, these guys offer their fair share of scratchcards and table games, too. Iconic 21 and Beter Live-powered tables aren’t at all hard to find. There are a ton of roulette, baccarat and Sic Bo games to choose from over here, all of which are playable in either GC or SC gameplay mode. New games are added to the platform weekly, too.
