If you need help understanding sweepstakes betting odds, you have come to the right page. This guide explains how to read the various odds displays and shares the main sweepstakes betting markets with different types of odds.
I will also share some of my favorite sweepstakes betting sites, which include Thrillzz, Legendz, Kickr, Fliff, Onyx Odds and ProphetX. All of these have a wide variety of sweepstakes betting markets, which include free wagering on both pre-match and live odds. They also all have generous welcome bonuses to get you started.
What is sweepstakes betting?
Irrespective of whether you are using new sweepstakes sportsbooks or established platforms, the sweepstakes betting principles are the same – there is no real money sports betting. Sweepstakes sportsbooks provide free sports betting with two types of virtual currencies: Gold Coins (GC) and Sweeps Coins (SC).
Gold Coins are used to place social bets for fun, and you can get GC with most bonuses and promos and by making optional GC purchases. Sweeps Coins are used to place social bets in sweepstakes mode, and SC winnings can be redeemed for cash prizes once the relevant requirements are met. You are not allowed to make SC purchases, but you can get free SC with some bonuses and promotions.
What are sweepstakes betting odds?
Since there are many legal sweepstakes sportsbooks in the US, the default odds for sweepstakes betting are American. When using the American odds display, all sweepstakes betting odds are displayed with a (+) or (-) sign preceding the odds. The (+) indicates that the specific option is the underdog, and the (-) indicates the favorite.
For example, let’s say the Dallas Cowboys are facing the Buffalo Bills and the Bills are the favorites in the sweepstakes moneyline betting market. The Bills odds will have a (-) before the odds, while the Cowboys odds will have a (+) at the beginning.
Using the example from above, to read the sweepstakes betting odds, if the Bills odds were -140, then you would need to bet either 140 Gold Coins or Sweeps Coins to win 100 Gold Coins or Sweeps Coins. If you wanted the back the Cowboys to win at odds of +160, then you would need to bet 100 Gold Coins or Sweeps Coins to win 160 Gold Coins or Sweeps Coins.
Please note that most sweepstakes sportsbooks also allow you to change the odds displays to either fractional (x/x) or decimal (x.xx) as well. While not as common as the American odds display, you can edit the odds display under the settings menu to get sweepstakes betting odds in fractional and decimal.
| Sweepstakes betting odds | Odds breakdown |
|---|---|
| American | The odds are displayed in (-) for the low-priced favorite, and (+) for the underdog. |
| Decimal | The odds are displayed in decimal (x.xx) for both favorites and underdogs. |
| Fractional | The odds are displayed in fractional (x/x) for both favorites and underdogs. |
The markets with the best odds at sweepstakes sportsbooks
As I mentioned, sweepstakes betting involves placing free sports picks using virtual currencies. However, the sports betting markets are similar to those found at real money sportsbooks. When wagering for free at the top sweepstakes sportsbooks, odds are available for both pre-match and in-play betting. The best odds at sweepstakes sportsbooks are available for diverse sweepstakes betting markets, and I have listed the main options below:
- Moneylines
- Totals betting
- Spread betting
- Match prop bets
- Player prop bets
- Live betting
- Futures betting
Sweepstakes sportsbooks with the best odds
When I researched sweepstakes betting odds, I came across six sweepstakes with the best odds for diverse social betting markets. My go-to sweepstakes sportsbooks are Thrillzz, Legendz, Kickr, Fliff, Onyx Odds and ProphetX. You can sign up for these brands using their dedicated sweepstakes sportsbook apps, mobile-optimized websites or the desktop platforms.
| Sweepstakes sportsbook | Welcome bonus |
|---|---|
| Thrillzz | 3,000 Thrillzz Coins + 3 free Thrillzz Sweeps |
| Legendz | 500 Gold Coins + 3 free Sweeps Coins |
| Kickr | 150,000 Bits + 4 free Bucks |
| Fliff | 5,000 Fliff Coins + 1 free Fliff Cash |
| Onyx Odds | 1,000 Onyx Coins |
| ProphetX | Up to 200 Prophet Cash in first 30 days (requires optional purchase) |
Thrillzz – Live social betting and more
- Free sports picks on top sports events
- Mobile-friendly social sportsbook
- Generous bonuses for new and existing bettors
- Limited prize redemption methods
If you want diverse sweepstakes betting odds on all major and minor sports leagues and want to challenge your friends with your free picks, you will enjoy the experience at Thrillzz. Newcomers are welcomed with a free sign up bonus of 3,000 Thrillzz Coins + 3 free Thrillzz Sweeps, and there are many promos for existing users, including login and referral bonuses.
Thrillzz has competitive sweepstakes betting odds for most markets, covering both pre-match and in-play events. There is also a social element for users, allowing you to share your free sports picks with friends and challenge them with your own predictions.
Legendz – Diverse sweepstakes betting markets
Legendz is next up, and I enjoyed the sweepstakes betting experience, finding the social betting odds to be similar to those of most brands. After signing up for free, you will automatically receive your welcome bonus of 500 Gold Coins + 3 free Sweeps Coins.
With your free GC and SC, you can make sports picks and predictions on most sports, including soccer, basketball and football. If you make free sports picks with your Sweeps Coins, you can redeem your SC winnings for cash prizes once you play through your SC at least once and accumulate enough to make a minimum cash prize redemption of 100 SC.
Kickr – Diverse odds on most sports
Kickr is a hybrid sweepstakes brand, and with one account, you can play social casino games and make free sports picks and predictions. After signing up using the banner on this page, you will receive a free bonus of 150,000 Bits + 4 free Bucks, which is much more than the industry standard at most sweepstakes sportsbooks.
I was impressed with the sweepstakes betting experience at Kickr, and you can make free picks on most sports, including soccer and baseball. Kickr sweepstakes odds are available on a number of social betting markets, including moneylines, prop bets, spreads, and even parlay bets.
Fliff – The best odds for major leagues
- Support for global sports
- Excellent in-play social picks
- Large social pick variety for games
- High-quality mobile app
- More promos are needed
Fliff provides users with an amazing sweepstakes mobile betting experience with the dedicated iOS and Android Fliff apps. Once you download the apps and sign up for free, you will automatically receive your sign up bonus of 5,000 Fliff Coins + 1 free Fliff Cash.
If you enjoy sweepstakes betting on all major leagues, such as the NFL, NBA, MLB and EPL, you will enjoy the experience at Fliff. You can make your free sports picks on both pre-match and in-running events, and the Fliff parlay sweepstakes betting odds provide a nice boost, especially when you add multiple different selections.
Onyx Odds – Bonuses and social betting markets galore
- Easy-to-use website
- Solid range of global sports
- Excellent social props picks
- Above-average mail-in bonus
- Limited number of promotions
Onyx Odds is one of the newer sweepstakes sportsbooks. While the brand does not have the biggest of welcome bonuses (1,000 Onyx Coins), you can get more free Onyx Coins and Onyx Cash with the available promos, including social media giveaways and with optional Onyx Coins purchases.
Like the other sweepstakes sportsbooks I have covered, Onyx Odds offers a variety of social betting markets for users, including moneylines, spreads, totals and a few live betting options. There are many different sports to make your free picks on, including tennis, UFC and big college events like the NCAAF and NCAAB.
ProphetX – A unique sweepstakes betting experience
If you want a different sweepstakes betting experience, where there is no odds manipulation and you can take both sides of an event, you need to join ProphetX. ProphetX is a sweepstakes betting exchange and follows a peer-to-peer model, where you can compete for free with other users. You can get up to 200 Prophet Cash for your first 30 days as a welcome bonus once you make your first optional Prophet Points purchase.
If you don’t, there are other ways to get virtual currency for free at ProphetX. But the social sportsbook lacks a dedicated free welcome bonus.
The ProphetX sweepstakes odds are set by other users, meaning that odds are driven by market demand and there are no hidden margins. You can also make free Yes/No sports picks on specific outcomes, which is a nice change from the traditional sweepstakes betting experience.
Pros and cons of sweepstakes sportsbooks
- GC and SC sweepstakes betting
- Pre-match and in-play odds
- Interchangeable sweepstakes odds displays
- Takes a while to understand sweepstakes odds
Verdict – Sweepstakes sportsbooks offer free betting with excellent odds
It can take a while to understand how sweepstakes betting odds work, especially when reading the American odds display. However, once you get the fundamentals, free sports betting becomes easier. The good news is that there are many sweepstakes brands with the best odds for diverse betting markets, and I have shared my favorite sites in this guide.
The next time you want to place social bets with your free Gold Coins or Sweeps Coins on moneyline odds or live odds in-running, why not try Thrillzz, Legendz, Kickr, Fliff, Onyx Odds and ProphetX? If available in your state, you can click the relevant banners and get a free bonus upon signing up.
Kickstart your betting journey with these top bonuses
Sweepstakes betting odds FAQs
How many sweepstakes betting odds displays can I use?
There are three main types of sweepstakes betting odds displays: American, decimal, and fractional. You can adjust the odds display to your preference.
Which sweepstakes betting markets have the best odds?
All sweepstakes betting markets have good odds, and the available social betting markets include moneylines, totals, spreads, live betting, prop bets and futures betting.
Which sweepstakes sportsbooks have the best odds?
My top sweepstakes sportsbooks for the best social betting odds are Thrillzz, Legendz, Kickr, Fliff, Onyx Odds and ProphetX.
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