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RealPrize Cashout & Payout: How to Redeem? I’ll Show You!

Last Updated on 01/31/2025

RealPrize is a tremendously good fun sweepstakes casino. But if you didn’t already know, sites like this one do things a little differently when it comes to gameplay credits and potential prizes.

Basically, there’s no such thing as a RealPrize cashout. Why? Well, all the site’s games are fueled by virtual credits, and never cash. Having said that, some of your credits can be redeemed for real world – and cash – prizes. And in today’s guide, I’m going to walk you through, step-by-step, exactly how that works.

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🔎 What exactly is RealPrize? And does RealPrize pay out?

RealPrize is, as revealed already, a sweepstakes casino – which effectively means it’s a casino-inspired gaming site that offers slots and table games powered by virtual coins.

If you’ve read my RealPrize review, you’ll know that all the operator’s games can be played for free, and with no up-front purchase requirement, using one of two different kinds of online-only coins.

Games are fueled either by:

  • Gold Coins (or “GC”) – which have no actual value and exist just for your entertainment; or:
  • Sweeps Coins (or “SC”) – which can be played at competitive sweepstakes games, and later redeemed for “IRL” goodies such as gift cards and cash prizes once certain conditions have been met.

This setup of course means that the concept of a RealPrize payout isn’t exactly the same as what you might have come to expect from conventional, real-money-powered casino sites elsewhere.

The good news? The SC-to-prize process is easier to understand than you might expect, and RealPrize’s lack of any purchase requirements to play means that the site’s games are legally available in a whopping 46 different RealPrize legal states.

I’ll unpack everything you need to do to kick-start a RealPrize SC redemption in a sec. But first, let’s briefly run through a few ins and outs of actually playing at the platform.

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💰 RealPrize pros and cons

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Pros & Cons
  • Play free casino-style games
  • Legal in 46 states.
  • Redeem SC for real-world prizes
  • Enjoy 300+ different games.
  • SC redemptions are sometimes slow.

🎉 How to redeem on RealPrize – exchange your SC for prizes via these easy steps

Before you can play at RealPrize, you’ll need to be aged 18+ and based in a permitted US state – which currently includes all states bar Idaho, Michigan, Nevada and Washington.

On registration, I’ve found that players in most regions can claim a welcome bonus, which is typically good for 100,000 free GC and 2 free SC. These can be played on any of the best jackpot slots on RealPrize – or on table games, if preferred. To continue playing later down the line, it’s possible to claim up to 5,000 free GC daily or purchase optional GC bundles.

Of course, it’s impossible to request a RealPrize withdrawal, but your SC can be redeemed for gift cards once you rack-up a balance of 45 SC or more, or cash prizes if you manage to collect 100 SC or more and have played through them at least once.

In the absence of any traditional RealPrize payout options, you can request an SC-to-prize redemption by following these three steps:

Step 1 – Verify your accountFirst-up, I found that you’ll need to complete RealPrize’s “Account Verification” process before you can request your first SC redemption.

Even though a conventional RealPrize cashout isn’t possible, I found that the rules are kinda strict here. You’ll need to upload:

  • A photo of your ID.
  • A bank statement from within the last three months.
  • Proof of your address.
  • A quick selfie.

I’d suggest getting this step out of the way early, as while the average verification time is just 48 hours, some player reviews out there suggest that authentication can sometimes take up to two weeks.
Step 2 – Click “Store”, followed by “Redeem”Once verified, you’re all set to request your first SC redemption – the closest thing to a RealPrize payout that the site offers.

The red “Store” button should be highlighted once you’re verified. So, simply click this, followed by “Redeem”, to navigate to the previously-locked redemption page.
Step 3 – Select an amount (and a redemption method)Next, you should be able to simply punch in how much you’d like to redeem. Remember, you’ll need 45 SC minimum for a gift card, or 100 SC minimum to redeem your SC for a cash prize.

It’s at this point you’ll also need to pick a prize redemption method. Gift cards – which range from Amazon to Adidas vouchers – must be redeemed using the operator’s “Prizeout” service, while cash payments can be processed to any bank account or e-wallet in your name that you’ve previously used for making GC purchases with the site.
Step 4 – Hit “Redeem”, then wait…Finally, click either “Redeem Cash Prize” or “Redeem as a gift card”, then kick back and wait for the magic to happen.

💵 How quickly are RealPrize cashouts processed?

So far, so good – but at a time when conventional cashouts aren’t available at sweepstakes casinos like this one, how long does RealPrize take to pay out an SC prize?

Well, I’ve found that regardless of whether you’re a RealPrize VIP or a regular player, the average tends to be about 24-72 hours. Though this could vary depending on:

  • Which RealPrize-friendly US state you live in.
  • What prize redemption method you opt for (e.g. bank transfer or e-wallet).
  • Whether you’re requesting a gift card, or a cash prize.

As you’re probably expecting, there are a few super-important SC RealPrize payout-related T&Cs to wrap your head around, too. So, let’s look at some of those in the next section.

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📖 RealPrize redemption restrictions – know the rules before requesting a prize

There are quite a few caveats to grasp before you request your first SC prize redemption, then – particularly in regard to uploading your ID and other documents to verify your account beforehand.

Other important T&Cs you ought to be aware of, include:

Redemption ruleWhat you need to know
Playthrough requirementsAny SC collected via bonuses need to be played-through at least once to be considered prize-redeemable.
Minimum redemption rulesAs I said already, you’ll need 45 SC minimum to request a gift card, or 100 SC minimum to be able to redeem your SC for a cash prize.
RealPrize instant bank transfer limitationsIf you’re requesting an SC prize redemption of $2,500 or more, processing might take a little longer than usual. What’s more, while players in most states can only redeem a maximum of 10,000 SC worth of prizes at once, if you live in NY or FL, a stricter $5,000 per prize redemption rule is enforced.

My best advice? Read up on the localized rules for your state before requesting your first SC redemption, of course.

🤷‍♀️ Final takeaway – you can’t cash out with RealPrize; but you can request SC prize redemptions

So, there’s no such thing as a RealPrize cash out right now – but don’t fret. Playing at RealPrize is terrific fun and, as is the case with all virtual-coin-powered sweepstakes casinos, the brand offers you the opportunity to redeem larger SC balances for real-world prizes instead – a process which is easier to get used to than you might expect.

The long and short of it is, only SC-style coins are redeemable – and only once they’ve been played through, and you’ve built-up a balance of 45 SC or more in your player account first.

From there, SC prize redemptions are usually processed quickly once you’ve verified your identity with the brand, and the maximum per day redemption limits are pretty darn generous, too. Just be sure you fully understand the rules for your state before you play.

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❓ RealPrize cashout FAQs

⏳ How fast are SC redemptions processed by RealPrize?

I’ve found that most prize redemptions take 24-72 hours on average, though RealPrize does warn in its T&Cs that waiting times of up to 30 days might sometimes apply if you’re requesting an abnormally large prize.

💰 How do I collect free SC with RealPrize?

Incredibly, new players can qualify for 2 free SC (as well as 100,000 free SC) on sign-up in most US states. Later down the line, super-exciting daily reloads and other bonuses are up-for-grabs.

📅 Does RealPrize impose a limit on how many SC prizes can be redeemed per day?

Yes. In most US states, you can only request one SC prize redemption per 24-hour period.

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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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