Editorial Rating
Deposit Methods
Key Features
- Valuable sign-up bonus
- A straightforward Pick’em product
- Competitive payouts
- Availability in 45 states, Washington DC, and Canada
Sign-Up Bonus
PrizePicks provides a $50 bonus to new customers who play a $5+ lineup after registering. Use ODDS100 during registration to activate the bonus. Sign up here.
PrizePicks is a daily fantasy sports platform built entirely around the Pick’em style of play. Instead of drafting full rosters like you would on DraftKings or FanDuel, the focus is on quick calls—predicting whether athletes will go More or Less than their projected stats or fantasy scores.
You can choose between two game modes: Fantasy Score, which rolls multiple stat categories into one score, or Single Stat, where you lock in on a specific metric like points, rebounds, home runs, or passing yards.
These picks can be entered in different contest formats. The flagship is now Real Money, a peer-to-peer version of Pick’em where lineups are grouped together and scored against each other as well as against fixed multipliers. There’s also Streak, a free-to-play daily challenge where you make one pick per day and climb toward bigger rewards, with a million-dollar prize for hitting 32 correct calls in a row.
If you’re new to PrizePicks, you can get a $50 bonus by playing a $5+ lineup and entering ODDS100 in one of the registration boxes.
In this guide, I break down how to get the sign-up bonus, how PrizePicks’ games work, available sports, user experience, deposit and withdrawal options, and more.
PrizePicks Sign-Up Bonus for New Players
PrizePicks offers a welcome bonus worth $50 for those who enter ODDS100 in the applicable registration box and make a $5+ entry. The minimum deposit required to activate the bonus is $10.
You cannot withdraw the free entries right away, but you can use it to make picks on the site. The winnings from that money then become available as withdrawable credit.
How to Claim the PrizePicks Sign-Up Bonus
Claiming the $50 of free entries on PrizePicks is relatively easy. If you have experience with other DFS platforms, you’ll have no trouble adjusting to this one. Here’s how to do it:
- Click here to go to PrizePicks.
- Find the green Sign Up button in the upper right corner and click it.
- Enter your email and type in ODDS100 when prompted.
- Provide your first and last name.
- Add your date of birth.
- Input your address so that the platform can verify your location.
- Enter your password.
- Verify your account.
- Go to the cashier section and select a deposit bonus.
- Complete the deposit
- Play a $5+ lineup
- Regardless of whether your entry wins or loses, you'll receive a $50 bonus.
Important Information About the PrizePicks Sign-Up Bonus
- Deposit limits: The minimum entry required for the bonus is $5. The maximum bonus you can get is $50, and you get this value regardless of whether your entry is over $5.
- Time to use: You have a total of 90 days to use your bonus funds. After that, they will become void.
- Playthrough requirements: You need to play your bonus amount before you can withdraw any winnings.
- Eligibility: Anyone of legal age located in one of the states where PrizePicks is available can claim the welcome bonus. The minimum legal age is 18 for most states, except for Arizona, Virginia, and Massachusetts, where players need to be 21 or older.
PrizePicks Overview
PrizePicks started in 2014 as SidePicks, a DFS platform centered on side-entry contests. It received multiple awards from the Fantasy Sports Trade Association but closed during the nationwide legal shake-up in daily fantasy sports. The brand later became PredictPicks before relaunching in 2018 as PrizePicks with the Pick’em-focused model used today.
The platform is built entirely around Pick’em play. You choose 2 to 6 player projections and predict whether each will go More or Less. There are two game modes:
- Fantasy Score: combines multiple stats into a single score.
- Single Stat: focuses on one stat category, like points, rebounds, home runs, or passing yards.
These modes can be entered in 2 formats:
- Real Money: a peer-to-peer contest model where entries are grouped and scored against each other with guaranteed multipliers for perfect lineups.
- Streak: a free-to-play daily challenge with prizes that grow as your streak builds.
Entries come in 2 play styles. Flex Play pays even if you miss one or two picks. Power Play requires every pick to hit for the maximum payout. The top prize is 2,000x your entry and is only available through Demon Picks, which feature tougher projections and require a “More” choice. Goblin Picks are easier to win but pay less.
Unlike most competitors, your lineups on PrizePicks don’t have to be made up exclusively of different players. With the Stacks feature, you can include up to three projections for the same player in one lineup. It’s currently offered in MLB and WNBA.
You can share your profile with friends from the “My Profile” section and keep up with the lineups they’re playing.
PrizePicks also runs regular promotions. Popular offers include Taco Tuesday with discounted projections, Flex Friday with protected Flex entries, as well as Discounted Projections, Payout Boosts, Free Lineups, and Protected Plays.
For banking, PrizePicks supports credit and debit cards, PayPal, bank transfers, and Venmo, making it easy to move money in and out.
Compared to the other sites offering Pick’em games like PrizePicks, PrizePicks has competitive payouts. We did an analysis of payouts at Pick'em apps and found that PrizePicks is the best for 5-pick and 5-pick plus insurance entries.
Pros & Cons
- A straightforward Pick’em product
- 2,000x max payout
- Competitive payouts
- A range of sports covered
- Availability in 45+ states and most Canadian provinces (except Ontario)
- A lucrative welcome bonus and engaging ongoing promos
- A vibrant Discord community where you can find various discussions and tips
- Limited deposit options
- No rewards program
PrizePicks State Availability
PrizePicks operates in 45 U.S. states and every Canadian province except Ontario. However, they don't offer every contest type in every location. Some states only allow free-to-play games while others only allow real money games.
Real Money games are available in:
- Alaska
- Alabama
- Arizona
- Arkansas
- California
- Colorado
- Delaware
- Florida
- Georgia
- Illinois
- Indiana
- Kansas
- Kentucky
- Massachusetts
- Maine
- Minnesota
- Missouri
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Mexico
- Oklahoma
- Oregon
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Wisconsin
- West Virginia
- Wyoming
- District of Columbia
PrizePicks only offers Streak (free-to-play games) in the following states:
- Connecticut
- Iowa
- Louisiana
- Maryland
- Michigan
- Mississippi
- New Jersey
- New York
- Ohio
- Pennsylvania
>> Learn Where You Can Play PrizePicks: Which States is PrizePicks Available In?
PrizePicks Game Types
The only variations are these:
- Power Play – You need to get all picks right to win
- Flex Play – You can miss one pick and still win
Here’s how the payout works:
- Power Play
- 6 correct Power Play picks = 37.5x entry fee
- 5 correct Power Play picks = 20x entry fee
- 4 correct Power Play picks = 10x entry fee
- 3 correct Power Play picks = 6x entry fee
- 2 correct Power Play picks = 3x entry fee
- Flex Play
- 6 correct from 6 Flex Play picks = 25x entry fee (the largest possible payout on the site)
- 5 correct from 6 Flex Play picks = 2x entry fee
- 4 correct from 6 Flex Play picks = 0.4x entry fee
- 5 correct from 5 Flex Play picks = 10x entry fee
- 4 correct from 5 Flex Play picks = 2x entry fee
- 3 correct from 5 Flex Play picks = 0.4x entry fee
- 4 correct from 4 Flex Play picks = 6x entry fee
- 3 correct from 4 Flex Play picks = 1.5x entry fee
- 3 correct from 3 Flex Play picks = 3x entry fee
- 2 correct from 3 Flex Play picks = 1x entry fee
These payouts are in-line or better than those at other DFS Pick'em sites. When using PrizePicks, the ideal entry is a 5-pick Flex Play since the platform offers you the possibility to still return some money if you only get 3 correct.
PrizePicks minimum entry point is $1.
You can read more about Did Not Play rules and how payouts change in chase of a push here.
PrizePicks offers a max payout of 2,000x, but only if you hit 6 out of 6 picks—and all of them are Demon Picks. These projections are set higher than normal and always require you to choose More. For example, if Anthony Davis normally has a points projection of 30.5, his Demon projection might be 34.5. They’re tougher to hit, but they unlock the biggest payouts on the platform.
On the other end of the spectrum are Goblin Picks. These are easier projections to hit, also requiring you to choose More, but they come with reduced payout multipliers. Goblins are often used to add a safer leg to an entry while lowering overall risk.
Streaks
PrizePicks recently introduced its Streak contest in 10 states, giving DFS players a chance to win without paying entry fees. The concept is simple — each day, pick one player projection and decide if it will go More or Less than the posted stat.
Each correct pick extends the streak. Reaching specific milestones unlocks rewards such as free entries for paid contests. Keeping the streak alive increases prize values, with $1 million awarded for a perfect 32-day run.
As a free-to-play option, Streak is available in certain states where paid PrizePicks contests are not permitted, offering more players a way to stay active and sharpen their picks.
Live Squares
PrizePicks has introduced Live Squares for NFL and NBA, giving you the flexibility to place picks mid-game on full-game projections. Just look for the red dot on active squares to see live stats and projections that adjust as the game unfolds.
You’re still making “More” or “Less” picks on the player’s total stat line for the game, with updates reflecting their real-time performance. It’s perfect for those who like to read the game first and jump in while the action’s still hot.
Fantasy Points Scoring
In Fantasy Score mode, PrizePicks combines multiple stat categories into a single number—your player’s fantasy score. That score is calculated using a sport-specific formula, and it’s the number you’re predicting will go More or Less.
In NBA contests, a point is worth +1, a rebound +1.2, an assist +1.5, a steal or block +3, and a turnover −1.
In MLB, hitters and pitchers have separate scoring systems. A hitter gets +3 for a single, +5 for a double, +8 for a triple, and +10 for a home run, plus points for runs, RBIs, and stolen bases. Pitchers earn points for outs, strikeouts, and wins, but lose points for earned runs.
Players should always check the official scoring chart on the PrizePicks site or app for the exact rules of the sport they plan to play. You can get a feel for how fantasy scoring works on PrizePicks on this page.
>> Learn More: How Does PrizePicks Work?
PrizePicks Sports Offered
PrizePicks offers a range of popular sports, including all of the popular leagues in the U.S. Here’s a list of all covered leagues and sports:
- NBA
- NFL
- MLB (Learn more about how pitching outs work on PrizePicks here)
- NHL
- PGA
- WNBA
- NCAA Football
- NCAA Basketball
- Lacrosse
- Korean Baseball
- Jai Alai
- Competitive Eating (Hot Dog Eating Contest)
- Cricket
- Soccer
- Tennis
- MMA
- NASCAR
- F1
- Trucks
- Cricket
The site also covers esports, with a focus on the following games:
- Valorant
- CS:GO
- LoL
- Dota 2
PrizePicks Ongoing Promotions & Rewards Program
Even though PrizePicks doesn’t offer any kind of rewards programs, you’ll still find a range of interesting ongoing promos, including:
- Airdrop – Lucky members randomly get rewards from time to time.
- Discount –PrizePicks has a cool promo called discounts (sometimes referred to as “free squares”) where they set a player's stat so low it's almost a sure win. Imagine Patrick Mahomes’ passing yards at just 0.5 yards. Unless something really unusual happens, he’s going to beat that, making it an easy pick for you.
- Taco Tuesday – Taco Tuesday is a staple promo at PrizePicks. Every week, players vote on which stats they want dropped. The projections that rack up the most votes are then offered at a discount the following Tuesday, marked by a taco symbol so you can find them quickly.
- Payout Boost – A Payout Boost is when a specific entry type comes with an increased payout. For example, a two-pick Power Play might come with an increased payout instead of the standard 2x.
- Flex Friday – Flex Friday is a special promotion that PrizePicks rolls out every week. It gives players a bit of a cushion. If you place flex picks on a Friday and they don't win, PrizePicks offers a $20 refund, giving you an opportunity to bounce back.
Signing Up for PrizePicks
The signup process for PrizePicks is relatively easy. It can be summed up below:
- Click here to load PrizePicks in your browser and click on the Sign Up button.
- Fill out the form and complete your registration.
- Verify your account and claim the bonus to start playing.
- Deposit at least $10 and place a $5 entry to unlock $50 in free entries.
Here are some screenshots of PrizePicks Sign Up (click to expand):
PrizePicks Deposit & Withdrawal Methods
You currently have four deposit and withdrawal methods at your disposal:
- Visa credit or debit card
- Mastercard
- Instant bank transfer
- Venmo
- PayPal
The minimum deposit on PrizePicks is $10 and that's also the least acceptable withdrawal amount. If your winnings exceed $600 per year, the platform must file a 1099 tax form. That’s why it’s necessary to provide your address and the last four digits of your SSN.
Payment method | Minimum deposit | Minimum withdrawal | Deposit time |
|---|---|---|---|
Visa credit or debit card | $10 | $10 | Instant |
Mastercard | $10 | $10 | Instant |
Instant Bank Transfer | $10 | $10 | Instant |
PayPal | $10 | $10 | Instant |
Venmo | $10 | $10 | Instant |
PrizePicks User Experience
Apart from being available as iOS and Android applications, PrizePicks is also offered as a web-based app.
The user experience on both the apps and the website is great. It’s easy to find the games, players, and stats you’re interested in, and there hasn’t been any glitches or crashes in our testing.
After picking a sport, you can select a stat and see the players available for it. For example, you can view NBA players for points, rebounds, assists, fantasy scores, and more.
The entire process is streamlined and simplified, making PrizePicks a truly user-friendly app.
Here are some screenshots of PrizePicks (click to expand):
PrizePicks Customer Support
If you select the Help Center page, you can get in touch with customer support via live chat. It is available 24/7 and usually responds rather fast. You can also ask for assistance via email at [email protected]
In addition, PrizePicks also offers a detailed FAQ section where you can learn about the platform, payments, rules, promotions, and more.
PrizePicks FAQs
When did PrizePicks launch?
PrizePicks was originally launched in 2013 under the name SidePicks and had a slightly different offer. The current version, dubbed PrizePicks, was launched in 2018.
Is PrizePicks legal & legit?
Yes, PrizePicks is a legitimate business offering its services in 45 U.S. states and most of Canada.
How old do you have to be to play with PrizePicks?
The minimum legal age to play PrizePicks varies by location. In most states, players must be at least 18. Some jurisdictions require higher minimums: 19+ in Alabama, Colorado, and 21+ in Arizona, Iowa, Louisiana, Massachusetts, Vermont, and Virginia.
Which is better, PrizePicks or Underdog Fantasy?
According to my PrizePicks app review, Underdog Fantasy and PrizePicks are about the same. Learn more in our PrizePicks vs. Underdog Fantasy Guide.
Which is better, PrizePicks or Sleeper?
According to our ratings, PrizePicks and Sleeper are pretty much tied. Learn more in our PrizePicks vs. Sleeper Guide.
Which is better, PrizePicks or FanDuel?
It's hard to directly compare FanDuel and PrizePicks because they have completely different offerings. While PrizePicks is focused on Pick'em games, FanDuel offers salary-cap contests against other players and a sportsbook.
What is the PrizePicks sign-up bonus?
PrizePicks offers a $50 bonus when you play a $5+ lineup. To claim this bonus, make sure to type in ODDS100 in the applicable box during signup.
Does PrizePicks offer a no-deposit bonus?
Unfortunately, PrizePicks doesn’t offer a no-deposit bonus at the moment. The only welcome bonus at the moment is the play & get offer mentioned above.
Can I delete my PrizePicks account?
Yes, it's possible to delete your PrizePicks account. Simply go to Settings from the menu and scroll down to Delete Account.
Other PrizePicks Guides
