Global Poker Gold Coins Into Cash
Global Poker offers two different sets of games, with the platform divided into “Gold Coins” (play money) games and “Sweeps Coins” (sweepstakes) games. Gold Coins can be purchased for use in the play money games. When purchasing a Gold Coins package, Global Poker awards an amount of Sweeps Coins as a gift. Direct cash deposits are not allowed on Global Poker. The platform doesn’t offer any games that use cash as currency. Global Poker’s games are divided into “Gold Coins” games and “Sweeps Coins” games. The Gold Coins games are play money games, while the Sweeps Coins games are sweepstakes contests offering the chance to win cash prizes.
Global Poker FAQ
How does the Global Poker promotional sweepstakes model work?
Global Poker sells a virtual currency called Gold Coins. These are virtual chips which players can accumulate and play with. However, they are not redeemable for cash prizes.
When a player purchases Gold Coins on the site, they are given bonus sweepstakes prizes in the form of Sweeps Coins. The Sweeps Coins can be used to enter Sweeps Coins tournaments and ring games on the site. Any Sweeps Coins accumulated or won can be redeemed as cash prizes through WorldPay.
What sets Global Poker apart from the competition?
Outside of New Jersey, Nevada, and Delaware, online poker sites that welcome US poker players are few and far between. Those that do are offshore sites that are, at best, operating in a grey area. Players may find it difficult to get money on and off these sites and there are no guarantees their accounts will remain accessible and their money safe.
In contrast, Global Poker works with WorldPay, one of the most trusted and easily accessible online money transfer sites in the world. Ultimately, Global Poker’s ability to offer US customers online poker with a recognizable and easily accessible banking option sets it apart from its otherwise shady competition.
How long does it take to redeem my prize on Global Poker?
Global Poker requires ID verification when a player requests their first redemption to make sure the cash prize ends up in the right hands. Once documents are sent in, the site endeavors to verify them as soon as possible. Global Poker says the redemption process depends on whether or not the correct form of identification has been sent through. However, it normally takes about five days for verification and an additional five days for the prize to be processed to your bank account via WorldPay.
Documents that can be used for ID verification include:
- Passport
- Driver’s license
- National/State ID
- Other government issued ID
Documents that can be used for proof of address include:
- Utility Bill
- Notarized lease agreement
- Bank statements
- Medical insurance
Zynga Poker Gold Coins
What’s the rake?
Global Poker Gold Coins Into Cash Value
Many players may be curious about the rake for playing at the site. The Sweeps Coins ring games feature a 5 percent rake. However, there are caps in place depending on the numbers of players.