New startups and established gaming companies look more and more at two important business models as the iGaming market grows: online casino software and sweepstakes casino software. Although both systems offer casino-style experiences to users at first sight, their technologies, compliance procedures and monetization techniques are clearly different.
Anyone who hopes to enter the Igaming market, especially in nations where gambling laws are still changing, must first understand these differences. By dissecting the two, this Essay helps new operators choose which solution best suits their goal.
What is Sweepstakes software?
Sweepstakes software is intended to walk legally in areas where conventional online gaming is prohibited. Sweepstakes systems use a structure with double currency instead of direct money bets. Usually dubbed as “gold coins”, players buy virtual coins for fun. They get free “Sweep coins” or equivalent tokens with those transactions, which can be used to play games related to slots or table games. Not from Gold Coin Play, victories of sweepstakes -coins can be exchanged for cash or prizes.
Because of this special structure, a Sweepstakes software development company platforms that meet certain promotion rules instead of gambling rules makes. For operators, Latin -America and other limited areas of law, Sweepstakes models are therefore a common choice.
Legal frameworks, price repayment systems, user segmentation tools and marketing -ready interfaces in abundance in the top Sweepstakes Software Development Solutions. Another provider of Top Sweepstakes Gamingplatforms guarantees that security measures are included in the experience to watch against abuse and fraud.
What is online casino software?
Usually supporting various payment gateways, including Crypto, Fiat currencies and portfolios, required an online casino software system strict compliance rules, including Know Your Customer (KYC), anti-money laundering practices (AML) systems and frequent audits of approved audits of approved audits of approved audits of approved audits
Operators who select this approach must collaborate with seasoned developers or suppliers who have complicated license rules and can apply complete functions such as VIP programs, bonus engines, affiliat networks and integrated fraud detection technologies.
How do they differ in functions and infrastructure?
Although both types of programs offer a front-end gaming experience, their back-end logic and compliance mechanisms differ greatly.
Solutions for Sweepstakes Software Center on:
- Virtual Economy Management using double currency
- Promotional cooperation
- Price management system
- Simple onboarding on market places not under regulations
- Remove obstacles for the entrance of entrepreneurs.
Online casino software is now mainly focused on:
- License -gaming activities
- Dealing with payments from real money
- Games aggregation from licensed sources
- KYC/AML systems
- Regulating control and full backend report
Through marketing tools and first-class game motors, a Sweepstakes Gaming software supplier adjusts systems to make Sweepstakes platforms sound legally and to maximize player retention. Conversely, developers of casino applications for controlled markets are more concerned in creating certifiable, scalable, safe solutions for legal gaming.
Which one is suitable for you?
The goals, the budget and objective of the operator company determines whether Sweepstakes or online casino software is best for them.
A Sweepstakes concept is usually the best way to act when you start in a market with uncertain or limited gaming rules. Through the sale of virtual goods you can increase the presence of the brand, expand a user base and create income. Moreover, supporting continuous compliance and the earning of policy is a reliable software -software provider.
On the other hand, an online casino platform offers more functions and larger possible profit margins if you are ready to introduce a fully licensed and controlled environment and feel comfortable with legal and technical investments in advance.
What should you pay attention to in a software partner
Whether you opt for a conventional casino system or the Sweepstakes path, the right development partner is absolutely crucial. Search for companies with a robust support team, white label, turnkey, adapted and proven expertise in implementation methods.
Like TrueigTech, A Sweepstakes Software Development Companynot only offers scalable solutions, but also technical direction, legal knowledge and long -term product support. TrueigTech distinguishes itself in both Sweepstakes and Real-Money Igaming Development and one of the Sweepstakes Casino platform suppliers with a history of introducing safe, conforming platforms.
From simple UX flows to merging fast gaming servers and back-office operating systems, operators around Trust TrueTech as a leading sweepstakes casino platform provider.
Last thoughts
The choice between sweepstakes and online casino software is more about your business strategy, market and future direction than about the product. Insight into the legal framework, the costs and expectations of users connected to each aspect helps operators to make a sensible decision that reduces the risk and increases the profit.
Working with a renowned sweepstakes gaming -software provider can make a difference if you are considering starting your own gaming platform and has no idea where to start. TrueigTech is supported by years of knowledge on the Gaming software market and offers both Sweepstakes software and regulated Igaming solutions.
Contact TrueigTech now to investigate a construction that is suitable for your vision, size and market.
