Quick Facts About the Kickr Payout Options
- No traditional payouts (real money wagers aren’t supported).
- Sports predictions are only via Bits and Bucks.
- Eligible Bucks can be redeemed for real prizes.
- 1x playthrough requirement for prize redemption.
How Does Kickr Work?
Kickr is a leading social sportsbook that operates using the sweepstakes model. The social betting brand offers virtual currencies for making sports picks: Bits and Bucks (the site’s version of Gold Coins and Sweepstakes Coins).
Bits are for fun betting. You can also buy a Bit pack when you run out. However, it’s optional, as the site offers numerous bonuses and promotions to get free virtual currencies.
Alternatively, Bucks are used to make predictions in promotional mode. When you meet some specific requirements, you can redeem them for real prizes. Kickr will offer you both virtual currencies upon signing up. For instance, after signing up to create this verified guide for Kickr Social Sportsbook, we received 150,000 Bits and 4 Bucks.
Bonus Bucks aren’t redeemable, as you need to make predictions with them at least once. To accumulate enough bonus Bucks for the promotional mode, take advantage of promotions like the referral bonus and daily login offer.
Can I Get a Kickr Payout?
The simple answer is no. Kickr doesn’t offer payout as it’s a social sweepstakes casino. You can’t fund your account to place sports bets on the site like in regular sportsbooks. Likewise, payouts aren’t allowed.
However, you could make predictions with your Bucks and accumulate enough for prize redemption. Although many new bettors mistakenly equate prize redemption with payouts, they’re not the same.
Before requesting redemption, you need to meet specific requirements. For context, you need at least 50 Bucks. Note that, depending on the amount of Bucks you want to redeem, you may have to pay taxes on Kickr redemption. The social sportsbook will provide the necessary tax forms.
In addition to meeting the minimum threshold, you need to complete KYC verification before initiating redemption. Most importantly, Bucks have a 1x playthrough requirement.
You can choose to redeem your Bucks for gift cards or cash prizes. If you prefer gift cards, you’ll enjoy access to various options, such as eBay, Amazon, and Adidas, sent to the email address you used for registration. Gift card redemption typically takes 24 hours to process.
For cash prize redemptions, note that processing may take 2-5 business days. However, we recommend verifying your account immediately after registration and carefully entering your payment details to reduce the processing time.
Here’s a table showing crucial details about the Kickr redemption process:
| Redeemable Virtual Currency | Bucks |
|---|---|
| Minimum Threshold | 50 Bucks |
| Playthrough Requirement | 1x |
| Redemption Options | Gift cards and cash prizes |
A Step-by-Step Guide to The Kickr Prize Redemption Process
The Kickr prize redemption process is pretty fast. Here are the steps to redeem your Bucks for real prizes after meeting the requirements:
- If you don’t have a Kickr account, click on the on-page banners to visit the site.
- Sign up, claim the welcome bonus, and start making sports predictions with your Bucks.
- Accumulate at least 50 Bucks.
- Visit the Redeem page in your account.
- Choose between a gift card or cash prize redemption.
- Provide accurate details and submit your request.
However, note that if you reside in Idaho, Connecticut, Montana, Louisiana, Michigan, New Jersey, Washington, New York, or Nevada, you won’t be able to open a Kickr account to make predictions with Bucks for prize redemption.
The Kickr Prize Redemption Process Timeline
The Kickr redemption timeline depends on your chosen real prize option. Bettors who prefer gift cards get their prize within 48 hours, as the site typically sends it to the email address used for account creation.
On the other hand, cash prize redemptions often take 2-5 business days. That’s because you may need to provide additional information. Since cash prize redemption is via bank transfer, Kickr will have to confirm that your bank account and financial institution match. Remember to request the necessary forms to pay taxes on Kickr cash prize redemptions, depending on the redeemed Bucks amount.
We recommend submitting redemption requests on business days to avoid delays. If you initiate redemption on a weekend, you have to wait until Monday before counting the processing time’s five business days.
Pros and Cons of Kickr Payout
Kickr doesn’t offer payout, thanks to its virtual currency model. That said, here are the pros and cons of Kickr prize redemption:
Pros
- Low 50 Bucks threshold
- Both cash prize and gift card options
- 1x playthrough requirement
Cons
- Cash prizes can take up to five business days
Top Promotions to Get Free Bucks for Making Picks in Promotional Mode
To request prize redemption, you need to have made picks with your Bucks in promotional mode. The following are the top promotions to get bonus Bucks for placing bets:
Welcome Bonus
Kickr offers new bettors 150,000 Bits and 4 Bucks upon sign-up. No initial Bits pack purchase is necessary to claim the welcome bonus. Simply register on the site, and the offer is yours.
You don’t need a promo code to get the offer. Since real money play on Kickr isn’t allowed, you can use the Bits and Bucks from the welcome offer to start making predictions immediately.
First-Purchase Bonus
As a social sweepstakes sportsbook, we weren’t surprised to find a first-purchase bonus offering 50% extra on Bits at Kickr.
This deal offers 5,500,000 Bits for only $9.99. 21. Free Bucks also came with the bonus. While Bits purchases are optional, as there are numerous other promotions at Kickr, we recommend taking advantage of this offer to make extended sports predictions without waiting for on-site promotions.
Daily Rewards
Kickr rewards active bettors who log in to the site every day. We counted three daily bonuses, including 0.60 Bucks every 24 hours, 5,000 Bits every 30 minutes, and a 2-minute Bits drip of 200 Bits. With these daily offers, you won’t struggle to get free Bits and Bucks to make sports picks regularly.
Alternative Mode of Entry (AMOE)
Another noteworthy promotion offering free Bucks is the alternative method of entry (AMOE). Kickr will offer you four free Bucks when you send a handwritten mail to its official address.
You’ll find all the details you need to send the mail successfully on the Sweepstakes Rules page.
Referral Bonus
Bettors who refer their friends to Kickr enjoy exclusive perks. Simply head to your profile section, tap ‘Refer a Friend,’ and copy your unique referral code. Then, share it with your friends.
After signing up, ensure your friends buy an optional Bit package of at least $9.99. Kickr will offer you 2,500,000 Bits and 10 Bucks for each friend who successfully registers through your code and meets the qualifying Bits pack purchase criterion.
Most importantly, there’s no limit to the number of friends you can invite to Kickr.
Top 3 Tips to Accumulate More Bucks for Kickr Prize Redemption
The following tips will help you score more Bucks for prize redemption:
Take Advantage of AMOE
Kickr allows you to send handwritten letters to get four Bucks. With free Bucks from this promotion, you can accumulate enough to make predictions in promotional mode and request redemption after meeting the requirements.
Claim All Available Promotions
In addition to the 150,000 Bits and 4 Bucks we received for creating an account, we found other promotions on the site.
Claim all the daily rewards, even though only one offers free Bucks. Don’t forget the mail-in request and first purchase bonus.
Invite as Many People as Possible
The 2,500,000 Bits and 10 Bucks referral bonus is better than what we’ve seen at many social sweepstakes sportsbooks. You can invite as many people as you want. Kickr didn’t include a maximum cap on the number of people you can refer.
Imagine inviting 10 friends to the site. That’s 100 Bucks you can use for making sports picks in promotional mode.
Conclusion – The Kickr Redemption Process Is Fast and Seamless
Kickr isn’t a traditional sportsbook, so you can’t request a payout. Instead, you only make sports picks with your Bits and Bucks.
We’ve put together this verified guide for Kickr redemption to help you redeem your Bucks for real prizes.
Based on our experience, Kickr offers two redemption options: gift cards and cash prizes. Gift card redemption typically takes 24 hours, while cash prizes may take 2-5 business days to process.
If you’re ready to make picks in promotional mode and redeem your eligible Bucks for real prizes, click the on-page banners to sign up at Kickr.
